BACKGROUNDContractual Arrangements • February 25th, 2022
Contract Type FiledFebruary 25th, 2022Certain 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.