英语翻译
to appoint Mr.A as General Manager (“Direttore Generale”) granting him with the powers as listed in Attachment A to the present minutes,setting a limit of 20,000 euro per each expense until the next Board of Directors meeting.Expenses will be authorized jointly by both Mr.B and Mr.C.
In the next Board of Directors meeting,to be held in Beijing at the beginning of next September,the following issues will be discussed:a remuneration increase for Mr.A,following the increase in responsibilities and in the limits of financial projections; a spending procedure and a monthly report process to be approved; Mr.A will present the Marketing Plan and Management Plan as well as Xiaogong Europe’s internal financial control policy.