BACKGROUNDContractual Arrangements • June 21st, 2023
Certain 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.
BACKGROUNDContractual Arrangements • February 25th, 2022
Certain 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.
BACKGROUNDContractual Arrangements • May 25th, 2022
Certain 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 the Relevant Businesses through Hangzhou Weiming Technology, Onshore Holdco, and its subsidiaries. We do not directly own equity interest in Onshore Holdco, which is held by the Registered Shareholders.
BACKGROUNDContractual Arrangements • April 7th, 2021
Certain businesses currently operated or will be operated by us in the PRC are subject to foreign investment restrictions and licenses requirements (the “Relevant Businesses”). As such, we operate our Relevant Businesses through the Onshore Holdco. We do not directly own any equity interest in the Onshore Holdco, which is held by the Registered Shareholder.
