Examples of Captive Structure in a sentence
The WFOE Controls each of the PRC Company and Shanghai Rui Si by a Captive Structure, and the PRC Company owns 100% of the share capital of Shanghai Xxxx Xx Investment Co., Ltd.
Disclosure has been updated to reflect a net Cell Captive Structure which is the net receivable from the cell in the statement of financial position, compared to previous disclosure which reflected the gross reinsurance asset and liabilities.
The ownership structure among the companies listed above is as follows: (i) Company owns 100% interest in the HK Company; (ii) the HK Company owns 100% interest in the WFOE, (iii) the WFOE Controls Jifen by a Captive Structure, and (iv) the WFOE also owns 100% interest in Xxxx Xxxx.
A The Company owns 100% interest in the HK Subsidiary and the HK Subsidiary owns 100% interest in the WFOE which in turn Controls the Domestic Company by a Captive Structure.