Common use of WFOE Clause in Contracts

WFOE. The registered capital of the WFOE is set forth opposite its name on Section 3.2(i) of the Disclosure Schedule, and the HK Company is the sole record and beneficial owner of such registered capital.

WFOE. The registered capital of the WFOE is set forth opposite its name on Section 3.2(i) of the Company Disclosure Schedule, and . The WFOE is wholly owned by the HK Company is the sole record and beneficial owner of such registered capitalSubsidiary.