Beijing Century Dadi Transportation Ltd Sample Clauses

Beijing Century Dadi Transportation Ltd. Co., one of the subsidiaries of the Target Company will invest with the proportion of 51% and Beijing Fuhua Gas company. Company will invest with the proportion of 49% to establish Beijing Fuhua Energy Logistics (hereinafter referred to as “new company”). The Parties reach the following agreement on the net profit allocation of such new company which will be obtained by Beijing Century Dadi Transportation Ltd., Co. (based on the figures provided in the annual statement submitted to the tax bureau by such new company):
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Beijing Century Dadi Transportation Ltd. Co.; and

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