BACKGROUNDContractual Arrangements • June 29th, 2023
Contract Type FiledJune 29th, 2023Certain businesses currently operated or will be operated by us in the PRC are subject to foreign investment restrictions and license requirements (the “Relevant Businesses”). We operate Relevant Businesses through our Onshore Holdco (Calorie Technology) and its subsidiaries. We do not directly own equity interest in Onshore Holdco, which is held by the Registered Shareholders.