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As a overseas non-public issuer, however, lawyer turkey citizenship by investment we are permitted to, and we may follow residence country practice in lieu of the above necessities, or we might choose to adjust to the above requirement within one 12 months of itemizing. The corporate governance practice in our home country, the Cayman Islands, does not require a majority of our board to encompass impartial administrator As a public firm, we shall be subject to the reporting necessities of the Securities Exchange Act of 1934, as amended, or the Exchange Act, the Sarbanes-Oxley Act, the Dodd-Frank Wall Street Reform and Consumer Protection Act, the listing necessities of the securities change on which we list, and other relevant securities rules and rules. Where an SPV intends to repatriate funds raised after completion of offshore financing to the PRC, it shall adjust to relevant PRC laws on overseas investment and overseas debt management. The NASDAQ Listed Company Manual requires listed firms to have, among different issues, a majority of its board members be independent. A foreign-invested enterprise established through return investment shall full related foreign exchange registration formalities in accordance with the prevailing overseas trade administration laws on foreign direct investment and in truth disclose information on the actual controller of its shareholders.

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