The general partner has the right to manage, operate, control and make decisions on the partnership and its affairs, and also has the right to engage in related affairs on behalf of the partnership; Limited partners do not participate in the management, operation or control of the partnership, and have no right to handle related affairs on behalf of the partnership. 1. Power of the General Partner According to relevant laws and the terms of this partnership agreement, the General Partner has the right to take necessary actions ("responsibilities") in its own name or on behalf of the partnership in the name of the partnership to achieve or promote any or all objectives of the partnership. 2. The responsibilities of the general partner include but are not limited to: 1. Make all decisions on the investigation, selection, negotiation, commitment, supervision or handling of investment objects; 2. Purchase, hold, retain, manage, supervise, own, vote, reorganize, sell, convert, guarantee or otherwise dispose of the equity or other assets held by or on behalf of the partnership, including equity investment and various temporary investments in the investment object; 3. According to the terms and expenses determined by the general partner, the general partner shall employ financial advisers, insurers, distribution agents, brokers, lawyers, accountants, analysts, consultants, appraisers, employees and asset managers of the partnership or other institutions on behalf of the partnership, and the expenses shall be borne by the partnership, regardless of whether these personnel or institutions are branches of the general partner or other personnel employed by branches of the general partner. The general partner has the right to fire these people; 4. Loans can be provided for this partnership; 5. To bear the expenses and other obligations related to the operation and management of the partnership in proportion, and pay them in its own name or in the name of the partnership; 6. Initiate litigation, defend, settle and handle litigation; 7. Establish reserves for accidents and any other purpose of the partnership; 8. Distribute cash, securities or other assets to each partner according to this partnership agreement; 9. Prepare various reports and statements, pay taxes applicable to this partnership, and hold funds that are not allocated to partners; 10. Keep the archives and account books of all the operations and expenses of this partnership; 1 1. Decide on the accounting methods and practices to be adopted when preparing the accounting or financial documents of the partnership; 12. convene a meeting of limited partners; 13. Open, keep and cancel accounts in banks, brokerage firms or other financial institutions in the name of this partnership, deposit, hold and withdraw funds, and withdraw checks, drafts or other financial payment instruments for payment; 14. Discuss and implement the contract, agreement or other tools decided by the general partner, which is necessary in view of the following considerations; Related to the sale of equity; Or in order to promote the realization of the objectives of the partnership, including the decision of waiver and consent to approve or disapprove the above contents and related contents; 15. execute the dissolution of this partnership; 16. In all aspects related to the foregoing, representing the cooperative relationship. Through reading through the above articles, I believe that I must have a certain understanding and understanding of the specific contents of the Model Agreement on Equity Investment Limited Partnership and the conditions of limited partners. The management and operation of partnership enterprises need the cooperation and efforts of partners, so how to choose partners is very important. There are also some templates that can help us understand the basic content of the protocol more intuitively.