Exhibit 10.17
Shanghai Songjiang Export Processing Zone
Administrative Committee (Official Reply)
Song Chu Pi Zi (2000) No. 28
Issued by Qian Zhichun
________________________________________________________________________________
Official Reply to the Feasibility Study Report and Articles of Association of
Foreign Solely-funded Hao wei Electronics (Shanghai) Co., Ltd.
Shanghai Songjiang Foreign Investment Service Co., Ltd.:
Shang Song Wai Fu Zi (2000) No. 229 Request for Instructions on the Submission
of the Feasibility Study Report and Articles of Association of Foreign Solely-
funded Hao Wei Electronics (Shanghai) Co., Ltd. and the attached documents from
your company has been received, and after careful study, the official reply is
given as follows:
1. Agree to the feasibility study report and articles of association put
forward by OmniView Technology International Ltd. in the Cayman Islands
with regard to the establishment of solely-funded Hao Wei Electronics
(Shanghai) Co., Ltd.
2. The total investment of the project is USD 29.90 million, and the
registered capital is USD 12.00 million, which is contributed in U.S.
dollars through the bank. The investor shall pay 15% of the registered
capital within 3 months since the date of issuance of the industrial and
commercial business license, and pay off the remaining sum within 3 years
since the date of issuance of the business license. The balance between the
total investment and the registered capital shall be raised by the investor
itself from the relevant bank outside China.
3. Business Scope and Production Scale: Produce CMOS image sensor and its
spare parts & components, and distribute the products manufactured by the
company itself. The annual output of the above products reaches 60 million
pieces, with the yearly sales value of USD 720 million, and 100% of the
products are sold abroad. The foreign currency will be balanced by the
company itself.
4. The term of operation is 50 years.
5. Registered address: Shanghai Songjiang Export Processing Zone Land Block
No. III-11, which covers an area of 41,564 m2 for the purpose of
constructing plant buildings and office buildings with the construction
area of 14,000m/2/.
After receiving the approval document, please come to Shanghai Songjiang Export
Processing Zone Administrative Committee to apply for receiving the Certificate
of Approval, and carry out the registration formalities with the Administrative
Bureau of Industry and Commerce within 1 month.
Shanghai Songjiang Export Processing Zone Administrative Committee
December 19, 2000
Key words: Foreign Investment Project Feasibility Study Report and Articles of
Association Official Reply
________________________________________________________________________________
CC: Shanghai Foreign Investment Committee, Shanghai Customs, Shanghai Planning
Committee, Shanghai Economic and Trade Committee, Shanghai Foreign Exchange
Administrative Sub-bureau, Shanghai Agricultural Committee, Shanghai
Administrative Bureau of Industry and Commerce, Songjiang District People's
Government, Songjiang District Planning Committee, Foreign Economic and Trade
Committee, Economic and Trade Committee, Administrative Bureau of Industry and
Commerce, Songjiang Customs, Real Estate Administrative Bureau, Labor Bureau,
Environmental Protection Bureau, Construction Committee, Planning Bureau,
Taxation Bureau ( Foreign Taxation Office ), Financial Bureau, Public Security
Bureau ( Fire control & Supervision Department ), Power Supply Bureau,
Sanitation Supervision Institute, the related banks
________________________________________________________________________________
Shanghai Songjiang Export Processing Zone Administrative Committee Office
Printed and Issued on December 19, 2000
List of the Board Directors of Hao Wei Electronics (Shanghai) Co., Ltd.
Chairman Xiaoying Hong OmniView Technology International Ltd.
Director Raymond Wu OmniView Technology International Ltd.
Director Xiaodi Xu OmniView Technology International Ltd.
Shanghai Songjiang Export Processing Zone Administrative Committee
December 19, 2000
CERTIFICATE OF APPROVAL
FOR ESTABLISHMENT OF ENTERPRISES WITH FOREIGN
INVESTMENT IN THE PEOPLE'S
REPUBLIC OF CHINA
Approval No. Foreign Economic & Trade Hu Chu Du Zi Zi [2000]
No. 2030
Code No. of Import 3100607426059
and Export Enterprise
Date of Approval December 19, 2000
Date of Issuance December 22, 2000
of Certificate
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Name of Enterprise | Chinese | [_][_][_][_][_][_][_][_][_][_][_][_]
|-----------------------------------------------------------------------
| English | Hao Wei Electronics(Shanghai) Co. Ltd.
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Address of Enterprise | Shanghai Songjiang Export Processing Zone Songkai
| Land Block No. III-11
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Type of Enterprise | Foreign-invested Enterprise | Term of | 50 Years
| | Operation |
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Total Investment | Twenty-nine Million Nine Hundred Thousand US Dollars
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Registered Capital | Twelve Million US Dollars
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Name of Investor | Place for Registration | Investment Volume
(in Chinese and English) | |
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| |
| |
| |
| |
| |
OmniView [_][_][_][_][_][_][_][_] | Cayman Islands | USD 12 million
OmniView Technology | |
International Ltd. | |
| |
| |
| |
| |
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|
|
| Produce CMOS image sensor and spare parts &
Scope of Business | components, and distribute the products manufactured by
| the company itself.
|
|
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