The sum of the annual allocations to the three funds shall be determined by the Board, in accordance with applicable PRC laws and regulations.
2
第三十八条 合营公司依法纳税和提取三项基金后的利润，按照甲、乙方在注册资本中的出资比例进行分配。
After paying the taxes in accoudance wiht law and drawing the various funds， the profits in net will be distributed according to the proprtion of each party's investment in the registered capital.
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