Article 68 a solely state - owned company shall establish the board of directors , which shall exercise its functions according to articles 47 and 67 of this law 第六十八条国有独资公司设立董事会，依照本法第四十七条、第六十七条的规定行使职权。
Article 65 the provisions of this chapter shall apply to the establishment and organizational structure of the solely state - owned companies 第六十五条国有独资公司的设立和组织机构，适用本节规定；本节没有规定的，适用本章第一节、第二节的规定。
Nanjing baihua opto - electronic company ltd . is a state owned company . it is reorganized from nanjing optical instrument factory and a key enterprise 南京百花光电有限公司是由南京市工商行政管理局核准注册，由原南京光学仪器总厂改制的国有独资公司。
Nanjing baihua opto - electronic company ltd . is a state owned company . it is reorganized from nanjing optical instrument factory and a key enterprise 公司介绍：南京百花光电有限公司是由南京市工商行政管理局核准注册，由原南京光学仪器总厂改制的国有独资公司。
Exclusive state - funded corporations refer to limited liability corporations established with exclusive investment from investment institutions or departments authorized by the state 国有独资公司：指国家授权的投资机构或者国家授权的部门单独投资设立的有限责任公司。
Article 69 a solely state - owned company shall have a manager , who shall be hired or dismissed by the board of directors and exercise his authorities according to article 50 of this law 第六十九条国有独资公司设经理，由董事会聘任或者解聘。经理依照本法第五十条规定行使职权。
Fifthly , alienating the property of the solo - owned corporations of states should perform conversion and approval procedure through the agency or department authorized by government 国有独资公司的资产转让，必须由国家授权投资的机构或者国家授权的部门办理审批和财产转移手续。
The article only discusses two types of optimized patterns for corporate governance : optimized pattern of corporate governance of national sole proprietorship company or state - owned proprietary company 本文只讨论两种治理结构优化模式即国有独资公司和国有控股的股份有限公司治理结构模式的优化问题。
The corporation that is wholly owned by the government is one of the most important kinds among public corporations ; the government usually uses it to fulfill government policy , as well as earning income 国有独资公司是国有企业中一种很重要的公司形式，多数国家利用它来实现政府的政策目标，但也不排除其盈利的可能性。
Article 67 a solely state - owned company shall not set up the shareholders ' meeting , and the functions of the shareholders ' meeting shall be exercised by the state - owned assets supervision and administration institution 第六十六条国有独资公司章程由国有资产监督管理机构制定，或者由董事会制订报国有资产监督管理机构批准。
