According to China's current regulations, the highest authority of a Sino-foreign joint venture is the board of directors, and profit distribution should be subject to a board resolution.

The template is as follows, please refer to:

Board of Directors Resolution

1. Meeting date: December 12, 2008

2. Meeting Venue: Meeting room of the company

3. Attendees: All directors of the company

4. Meeting host: Chairman

5. Matters resolved at the meeting:

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With the unanimous approval of all directors of the board of directors, the following decision was made:

Given that the company's distributable profit after tax in 2006 was: yuan; the distributable profit after tax in 2007 was: yuan; the cumulative 2006- The undistributed profit in 2007 was RMB: RMB, of which the RMB withdrawn from the reserve fund was RMB (10.1% of the after-tax profit was withdrawn), and the distributable profit RMB was: RMB.

It is now decided to convert the RMB yuan into registered capital. The remaining distributable profit after distribution is RMB, which will not be distributed for the time being. .

Unanimously agreed with the above resolutions.

Hereby resolves!

Signature of all directors:

Date: