Examples of Jimu Group in a sentence
Without Pintec’s prior written consent, Jimu or any member of the Jimu Group shall not transfer Jimu Owned Intellectual Property to any third party.
During the Non-Competition Period, Jimu will not, and will cause each of the other members of the Jimu Group not to, directly or indirectly be engaged, invest, participate or otherwise be interested in, within the People’s Republic of China, whether on its own account or with each other or in conjunction with or on behalf of any person, (i) the Pintec Business or (ii) any business that is of the same nature as the Pintec Business.
The employees who are engaged in the Business shall establish employment relationships with the Pintec Group in accordance with the schedule agreed between the Jimu Group and the Pintec Group.
All the assets (including the intellectual properties), business agreements, costs and expenses, revenue and receivables attributable to the Business that still remain in the Jimu Group immediately before the Restructuring, shall be transferred to the corresponding companies of the Pintec Group (including the companies to be controlled through contractual arrangements by the Pintec Group).
The Jimu Group took certain restructuring steps as set forth in the Restructuring Plan approved by the shareholders and the board of directors of Pintec Holdings Limited on December 1, 2017, pursuant to which certain entities and the corresponding businesses are carved out from Jimu Group into the Group Companies.
The WFOEs shall enter into standard contractual arrangements with those entities operating the Business that previously had been controlled by companies in the Jimu Group.
Also disclose that the company and Jimu Group are under the control of the same shareholders and the same board members.
After the above-mentioned onshore restructurings, the corresponding assets and employees shall be operated in the Pintec Group or the Jimu Group independently.
Please disclose your potential conflicts of interest with the Jimu Group in the prospectus summary.
Clarify which, if not all, members of the company's board of directors also serve on the board of the Jimu Group.