Beijing Tuda definition
Examples of Beijing Tuda in a sentence
The Pledgor is a Chinese citizen in the PRC, holding 0.7666% equity interests of Beijing Tuda Technology Co., Ltd.
In December 2009, another series of VIE agreements (collectively, “Third VIE agreements”) were entered into amongst the legal shareholders of Beijing Tuda and Duowan Entertainment and thus completing the Third Reorganization.
Beijing Tuda shall arrange payment after receiving written notice from Beijing Duowan.
As of December 31, 2020, Beijing Tuda Science and Technology Co., Ltd.
As a result of these arrangements, the Company, through its wholly owned subsidiaries, is considered the primary beneficiary of two VIEs, Guangzhou Huaduo and Beijing Tuda, and accordingly, their results of operation and financial conditions are consolidated in the financial statements of the Group.
The Pledgor is a Chinese citizen in the PRC, holding 1.5334% equity interests of Beijing Tuda Science and Technology Company Limited (the “Company”) as of the date hereof, pledged equity interests are RMB15.334 thousand per ten thousand shares.
Through these contractual agreements, Beijing Tuda and Bilin Online are considered VIEs of the Group.
The Pledgor is a Chinese citizen in the PRC, holding 97.7% equity interests of Beijing Tuda Science and Technology Company Limited (the “Company”) as of the date hereof, formerly pledged RMB0.167 million per ten thousand shares, now applying to pledge RMB0.81 million per ten thousand shares.
The service fees are typically determined based on the costs and expenses that WOFEs incurs for providing relevant technology support to Guangzhou Huaduo, as well as the consideration of Guangzhou Huaduo’s future business development plan and its increasingly growing and diverse operational needs.As of December 31, 2016, Beijing Tuda and Bilin Online, as the Group’s VIEs, still have no substantial business operation.
Through the aforementioned activities, Beijing Tuda became a VIE, whose primary beneficiary is Duowan Entertainment.In December 2010, Duowan BVI established Zhuhai Duowan Technology Co., Ltd.