Termination of the joint venture agreement

Shenzhen ____ Factory and Hong Kong ____ Co., Ltd. reached a joint venture xx Machinery Metal Structure Factory Agreement ________ in ________________________________________________________________________ Negotiate and report to the General Office of the Shenzhen Municipal People's Government on the ____________________________________________________________________________________________________________________________________________________________________________________________________

Since the scale of the ____ factory has been reduced since ____________ on this year, it has been three months since the end of ____, and the economic benefits of the production and operation of the plant have not improved. Recently, due to the agreement between the two parties, it was agreed to terminate the original joint venture agreement at the end of July this year, and proposed the following options for the termination of the joint venture of the ____ factory:

The principle of capital processing for the ________ factory.

1. After the scale of the ____ factory has been reduced, the two sides have recognized a total investment of ____ million Hong Kong dollars; equal to ____ million yuan, Party A accounts for ____ million yuan, and Party B accounts for ____ million yuan.

2. According to the joint venture contract, Party A shall pay ____% according to the joint venture contract, and Party B shall share the loss according to the proportion of ____%. According to Party B's opinion, the amount of losses that each party should bear is handled by the amount of the amount of the existing shares held by the parties in the xx factory.

3. Party B agrees that all the net equity of the equity held by Party B after the settlement of points 1 and 2 above shall be transferred to Party A.

Party A agrees to remit the value of Hong Kong Dollars to Shenzhen by the Bank of China in Shenzhen within ____ days from the date of approval by the higher level government and signed by the representatives of the two parties on the date of the termination agreement. The handling fee for the remittance shall be from Party B. Be responsible for. Party B shall issue an official receipt to Party A within three days from the date of receipt of the above-mentioned payment. The entire joint venture relationship between the two parties shall be fully concluded. All the assets of the ____ factory are like the public, and the xx factory is on the domestic account. All claims and debts are also cleared by Party A.

Referring to the spirit of Article 16 of the Interim Provisions on Labor Wage Management of Provincial Special Economic Zone Enterprises, when the xxx factory is fully closed, the amount of RMB salaries for each employee's dissolution and resettlement expenses shall be added. This expenditure shall be included in the loss of the ____ factory. deal with.

The mechanical equipment originally placed by Party B in the ____ factory shall be shipped back to Hong Kong by Party B within ____ days from the effective date of this Agreement. Party A shall be responsible for sending personnel to go through the formalities for returning the above equipment to Hong Kong, and the expenses shall be paid by Party B. If Party B fails to remove the goods within the time limit, Party B shall pay the rent to Party A. All vehicles stored by Party xx in Party B shall be handed over to Party A at the following time from the effective date of this Agreement. All expenses shall be borne by xx Factory, and domestic import procedures shall be handled by Party A.

Yueshen Brand: ____ In the repair, the repair will be returned, and the cost will be borne by the ____ factory.

Yueshen: ____ is immediately returned to Party A.

Yueshen Card: ____ will return it to Party A within three days after receiving the remittance from the above 3 points.

Hong Kong card: bg ____ is immediately returned to Party A.

Party B originally entrusted the metal products processed by the ____ factory. If the quantity of the unfinished exports is not completed, Party A and Party B shall sign the processing agreement for the materials, and Party A shall continue to process the processing to Party B according to the contents of the new agreement.

The agreement between the two parties on the date of the approval of the agreement by the government and the signature of the representatives of both parties and the supplementary agreement for reducing the scale of the establishment of the factory shall be completely terminated. In the next 70 days, Party A and Party B shall continue to cooperate and successfully complete the joint venture. All matters related to the operation, the two parties are responsible for paying the salaries and other expenses of their own employees. All the claims and debts generated by the parties A and B are irrelevant.

The termination agreement was approved by the higher authorities. The two parties agreed to entrust the Guangzhou Certified Public Accountants to handle the financial settlement of the xx factory in accordance with the above points, and issue the financial settlement statement of the xx factory to the plenipotentiary representatives of both parties. Both parties agree to complete the financial settlement of the xxx factory within one month from the date of confirmation.

This Agreement shall be effective upon the approval of the Government and the signature of the representatives of both parties.

Party A: Shenzhen ________ Factory Representative Party B: ________ Hong Kong Limited Representative

Witness: Shenzhen ________ Industry Company on behalf of Bank of China Shenzhen Branch

Foreign trade business unit: Shenzhen ________ import and export company representative

____year month day