Common use of SAFE Compliance Clause in Contracts

SAFE Compliance. The Company has taken all reasonable steps to comply with, and to ensure compliance by all of the Company’s shareholders who are PRC residents or PRC citizens with any applicable rules and regulations of the State Administration of Foreign Exchange (the “SAFE Rules and Regulations”), including without limitation, taking reasonable steps to require each shareholder that is, or, to the Company’s knowledge, is directly or indirectly owned or controlled by, a PRC resident or PRC citizen to complete any registration and other procedures required under applicable SAFE Rules and Regulations. To the Company’s knowledge and except as disclosed in the General Disclosure Package and the Final Prospectus, all current beneficial owners of the Company who are PRC residents or PRC citizens to the Company’s knowledge have complied with all registration and other procedures required under applicable SAFE Rules and Regulations.

SAFE Compliance. The Except as otherwise described in the General Disclosure Package and the Prospectus, the Company has taken all reasonable steps to comply with, and to ensure compliance by all of the Company’s 's shareholders who are PRC residents or PRC citizens with any applicable rules and regulations of the State Administration of Foreign Exchange (the “"SAFE Rules and Regulations”"), including without limitation, taking reasonable steps to require each shareholder that is, or, to the Company’s knowledge, or is directly or indirectly owned or controlled by, a PRC resident or PRC citizen to complete any registration and other procedures required under applicable SAFE Rules and Regulations. To the Company’s knowledge and except as disclosed in the General Disclosure Package and the Final Prospectus, all current beneficial owners of the Company who are PRC residents or PRC citizens to the Company’s knowledge have complied with all registration and other procedures required under applicable SAFE Rules and Regulations.

SAFE Compliance. The Except as otherwise described in the General Disclosure Package and the Prospectus, the Company has taken all reasonable steps to comply with, and to ensure compliance by all of the Company’s shareholders who are PRC residents or PRC citizens with any applicable rules and regulations of the State Administration of Foreign Exchange (the “SAFE Rules and Regulations”), including including, without limitation, taking reasonable steps to require ensure compliance by each shareholder that is, or, to the Company’s knowledge, is directly or indirectly owned or controlled by, a PRC resident or PRC citizen to complete any registration and other procedures required under applicable SAFE Rules and Regulations. To the Company’s knowledge and except as disclosed in the General Disclosure Package and the Final Prospectus, all current beneficial owners of the Company who are PRC residents or PRC citizens to the Company’s knowledge have complied with all registration and other procedures required under applicable SAFE Rules and Regulations.