| 1. | The board of directors is empowered to discuss and take action on , pursuant to the provisions of the articles of association of the equity joint venture , all fundamental issues concerning the venture , namely , expansion projects , production and business programmes , the budget , distribution of profits , plans concerning manpower and pay scales , the termination of business , the appointment or hiring of the president , the vice - president ( s ) , the chief engineer , the treasurer and the auditors as well as their functions and powers and their remuneration , etc
董事会的职权是按合营企业章程规定，讨论决定合营企业的一切重大问题：企业发展规划、生产经营活动方案、收支预算、利润分配、劳动工资计划、停业，以及总经理、副总经理、总工程师、总会计师、审计师的任命或聘请及其职权和待遇等。 |
