PRC Entity definition

PRC Entity means Beijing Continent Pharmaceuticals Co., Ltd, (d/b/a Gyre Pharmaceuticals), a company formed under the laws of the PRC, which is the Company’s indirect, majority-owned subsidiary.

PRC Entity means Luda (Taian) Industrial Company Limited

PRC Entity means Shanghai Baocun.

Examples of PRC Entity in a sentence

• The business scope specified in the Establishment Documents of each PRC Entity complies with the requirements of all relevant PRC laws and regulations.

• The registered capital of each PRC Entity has been fully paid up in accordance with the schedule of payment stipulated in its respective articles of association, approval document, certificate of approval and legal person business license (hereinafter referred to as the “Establishment Documents”) and in compliance with PRC laws and regulations, and there is no outstanding capital contribution commitment for any PRC Entity.

• No PRC Entity has received notice of any deficiency in its respective applications for the Tax Benefits, and the Company is not aware of any reason why any such PRC Entity might not qualify for, or be in compliance with the requirements for, the Tax Benefits.

• No PRC Entity is prohibited, directly or indirectly, from making any other distribution on such PRC Entity’s equity capital, from repaying to the Company any loans or advances to such PRC Entity from the Company or any of the Company’s subsidiaries.

• The outstanding equity interests of each PRC Entity is owned of record by the respective entities or individuals identified as the registered holders thereof in the Registration Statement, the Prospectus and the Prospectus Supplement.

More Definitions of PRC Entity

PRC Entity means Shanghai Jingli Advertising Co., Ltd., (Chinease Character), a limited liability company organized under the laws of the People’s Republic of China;

PRC Entity means Yu Sheng Electronics (Shenzhen) Ltd., which is a company incorporated under the PRC Laws.

PRC Entity means each of Yipeng Huizhou, Yipeng Ganzhou, and Yxxxxx Xxxx.

PRC Entity means Beijing Sgoco Image Technology Co., Ltd., which is a company incorporated under the PRC Laws.

PRC Entity means Liulin Junhao Coking Coal Trading Co., Ltd, a wholly foreign owned enterprise incorporated under PRC Laws.

PRC Entity means Nanjing Tuniu Technology Co, Ltd. ( ), a domestic limited liability company organized and existing under the laws of the PRC, and any other corporation, partnership, limited liability company or other business entity organized and existing under the laws of the PRC in which the Company or a Subsidiary holds or has the right to acquire a substantial ownership interest, directly or indirectly, or over which the Company or a Subsidiary holds or has the right, contractual or otherwise, to control such entities. A corporation or business entity that attains the status of a PRC Entity on a date after the adoption of the Plan shall be considered a PRC Entity commencing as of such date.

PRC Entity means any PRC governmental agency, corporation or other persons owned or controlled by the PRC government having its business or operating or conducting business in the Republic of Ecuador and includes any person controlled by a PRC person, having its business or operating or conducting business in the Republic of Ecuador;