Subsidiaries; Group Structure. (a) Except for (i) the HK Co., one hundred percent (100%) of the equity interests of which are owned by the Company, (ii) the WFOE, one hundred percent (100%) of the equity interests of which are owned by the HK Co., and (iii) Domestic Co., eighty six point eighty four percent (86.84%) of the equity interests of which are owned directly by the Founders, none of the Group Companies presently owns or controls, directly or indirectly, any interest in any other corporation, partnership, trust, joint venture, association, or other entity or maintains any offices or branches or subsidiaries.
Appears in 5 contracts
Samples: Preferred Shares Purchase Agreement, Series B Preferred Shares Purchase Agreement (Niu Technologies), Preferred Shares Purchase Agreement (Niu Technologies)
