Registered Capital. The total registered capital of the JV is RMB210,000,000.00 Yuan, including: RMB107,100,000.00 Yuan (accounting for 51% of the registered capital) contributed by Party A, and RMB102,900,000.00 Yuan (in cash USD converted into RMB on basis of the benchmark exchange rate published by the People’s Bank of China on the day of contribution, accounting for 49% of the registered capital) contributed by Party B.
Appears in 3 contracts
Sources: Equity Joint Venture Contract, Equity Joint Venture Contract (ReneSola LTD), Equity Joint Venture Contract (ReneSola LTD)