Examples of Guangzhou Huaduo in a sentence
Beijing Huanju Shidai is entitled to terminate the agreement at any time by providing 30 days’ prior written notice to Guangzhou Huaduo.
Duowan BVI is the limited partner of Engage L.P., and Guangzhou Huaduo is the limited partner of Shanghai Yilian and Guangzhou Yixing.
In 2011, Guangzhou Huaduo has been qualified as a "High and New Technology Enterprise" ("HNTE") under the EIT Law.
The service fee payable by Guangzhou Huaduo to Beijing Huanju Shidai is a certain percentage of its earnings.
The Group expects Guangzhou Huaduo will continue to be qualified as a HNTE and enjoy the preferential tax rate.According to a policy promulgated by the State Tax Bureau of the PRC and effective from 2008 onwards, enterprises engage in research and development activities are entitled to claim 150% of the research and development expenses so incurred in a year as tax deductible expenses in determining its tax assessable profits for that year ("Super Deduction").
Virtual mobility must be confirmed by the same documents as traditional mobility.
Guangzhou Huaduo had claimed such Super Deduction in ascertaining its tax assessable profits for the periods reported.
To comply with PRC laws and regulations that prohibit or restrict foreign ownership of companies that provide internet-content, the Group’s major operations in the PRC are conducted primarily through its principal VIEs Guangzhou Huaduo, Guangzhou Huya and Guangzhou BaiGuoYuan, which hold the internet value-added service license and approvals to provide such internet services in the PRC.
VIE agreements amongst Beijing Huanju Shidai, Guangzhou Huaduo and its nominee shareholders and VIE agreements among of Huya Technology, Guangzhou Huya and its nominee shareholders have been disclosed in the audited financial statements for the year ended December 31,2018.
Guangzhou Tuyue owns 99.50% of Guangzhou Huaduo’s equity interests, and Mr. Jun Lei and two other unaffiliated individuals collectively own the remaining 0.50% equity interests of Guangzhou Huaduo, as of the date of this annual report.