Article 5

An investment company may engage in part of all of the following business activities upon approval:

I. To make investment in areas of industry, agriculture, infrastructure and energy, etc. which are encouraged and permitted by the state for foreign investment;

II. To provide the following services to the enterprises in which an investment company has made investment ( hereinafter referred to as the enterprises ), as entrusted in written form by the enterprises ( with the unanimous consent of the board of directors):

1. To assist the enterprises in purchasing or purchasing by proxy, either from domestic market or from the international market, machinery, equipments* and office articles for the enterprises' own use and raw materials, parts and components required by production, and selling or selling by proxy the products made by the enterprises either on domestic or on international market and provide after-sale services;

2. To balance foreign exchanges between/among the enterprises with the consent and under the supervision of the foreign exchange control authorities;

3. To assist the enterprises in recruiting employees and to provide technical training, market development and consulting service;

4. To assist the enterprises in seeking for loans and to provide guarantee.

III. To provide consulting service for the investors of the investment company.