Common use of Capital Structure of the Company Clause in Contracts

Capital Structure of the Company. As of the date of this Agreement, all outstanding shares of stock of the Company are duly authorized, validly issued, fully paid and nonassessable and not subject to preemptive rights. As of the date hereof, the Shareholders of the Company as listed in Exhibit A own 100% of the Company Shares issued and outstanding.

Capital Structure of the Company. As of the date of this Agreement, all outstanding shares of common stock of the Company are duly authorized, validly issued, fully paid and nonassessable non-assessable and not subject to preemptive rights. As of the date hereof, the Shareholders Shareholder of the Company as listed in Exhibit A own owns 100% of the Company Shares issued and outstandingoutstanding and there is no outstanding securities convertible into common stock of the Company. Within a reasonable and practicable period of time of the Closing, the Company shall update its book to reflect the Parent as the sole holder and owner of the Company Shares purchased or exchanged pursuant to this Agreement.

Capital Structure of the Company. As of the date of this Agreement, all outstanding shares of stock ordinary shares of the Company are duly authorized, validly issued, fully paid and nonassessable and not subject to preemptive rights. As of the date hereof, the Selling Shareholders collectively own five hundred million (500,000,000) shares of the Company as listed in Exhibit A own Shares, constituting 100% of the Company Shares issued and outstanding. As soon as practicable after the Closing, the Company shall update its share registration record to reflect Tengjun as the sole owner of the Company Shares purchased or exchanged pursuant to this Agreement.

Capital Structure of the Company. As of the date of this Agreement, all outstanding shares of common stock of the Company are duly authorized, validly issued, fully paid and nonassessable and not subject to preemptive rights. As of the date hereof, the The Shareholders of the Company as listed in Exhibit A own 100owned 99.6% of the Company Shares Shares, issued and outstanding. Within a reasonable and practicable period of time of the Closing, the Company shall update its book to reflect the Parent as the holder and owner of the shares of the Company exchanged pursuant to this Agreement.

Capital Structure of the Company. As of the date of this Agreement, all outstanding shares of common stock of the Company are duly authorized, validly issued, fully paid and nonassessable and not subject to preemptive rights. As of the date hereof, the Shareholders of the Company as listed in Exhibit A own 100% of all the Company Shares issued and outstandingoutstanding and there is no outstanding securities convertible into common stock of the Company. Within a reasonable and practicable period of time of the Closing, the Company shall update its book to reflect the Parent as the holder and owner of the Company Shares exchanged pursuant to this Agreement.