{"component": "definition", "props": {"groups": [{"snippet": "means Burning Rock (Beijing) Biotechnology Co., Ltd. (\u71c3\u77f3\uff08\u5317\u4eac\uff09\u751f\u7269\u79d1\u6280\u6709\u9650\u516c\u53f8), a variable interest entity incorporated in the PRC.", "samples": [{"hash": "doapCH7IH08", "uri": "https://www.sec.gov/Archives/edgar/data/1792267/000095012319010038/filename17.htm", "label": "Cooperation Agreement (Burning Rock Biotech LTD)", "score": 21.839835729, "published": false}, {"hash": "lvyqolwSzRa", "uri": "https://www.sec.gov/Archives/edgar/data/1792267/000119312520307203/d88257dex992.htm", "label": "Burning Rock Biotech LTD", "score": 15.9158110883, "published": false}, {"hash": "4PJyBsbsHMk", "uri": "https://www.sec.gov/Archives/edgar/data/1792267/000095012320011664/filename4.htm", "label": "Burning Rock Biotech LTD", "score": 15.8665297741, "published": false}], "size": 4, "snippet_links": [{"key": "variable-interest-entity", "type": "clause", "offset": [73, 97]}, {"key": "the-prc", "type": "definition", "offset": [114, 121]}], "hash": "74d8cb7cb4cef19a5ffdeba0bd0759f1", "id": 1}, {"snippet": "means Sheng Y\u2587\u2587\u2587 \u2587\u2587\u2587 (Beijing) Management Consulting Co., Ltd (\u5723\u76c8\u4fe1\uff08\u5317\u4eac\uff09\u7ba1\u7406\u54a8\u8be2\u6709\u9650\u516c\u53f8);", "samples": [{"hash": "4ihUA0lDWoN", "uri": "https://www.sec.gov/Archives/edgar/data/1687542/000149315217004982/ex99-2.htm", "label": "China Internet Nationwide Financial Services, Inc.", "score": 15.3538672142, "published": false}, {"hash": "f1tON32a0r6", "uri": "https://www.sec.gov/Archives/edgar/data/1687542/000149315217003932/ex99-2.htm", "label": "China Internet Nationwide Financial Services, Inc.", "score": 15.2908966461, "published": false}, {"hash": "j2IABAiH4wz", "uri": "https://www.sec.gov/Archives/edgar/data/1687542/000149315217000241/filename8.htm", "label": "China Internet Nationwide Financial Services, Inc.", "score": 15.022587269, "published": false}], "size": 4, "snippet_links": [{"key": "management-consulting", "type": "definition", "offset": [31, 52]}], "hash": "e53b9322bbcd84b52b9806ae4a68288e", "id": 2}, {"snippet": "means Heng Cheng Technology Development (Beijing) Co., Ltd.", "samples": [{"hash": "ea6f2z6Qh41", "uri": "https://www.sec.gov/Archives/edgar/data/1631761/000095012315006909/filename4.htm", "label": "Yirendai Ltd.", "score": 10.4565366188, "published": false}, {"hash": "21C4VVK71fX", "uri": "https://www.sec.gov/Archives/edgar/data/1631761/000095012315004391/filename2.htm", "label": "Yirendai Ltd.", "score": 10.2785763176, "published": false}, {"hash": "frtEUgadOf7", "uri": "https://www.sec.gov/Archives/edgar/data/1631761/000095012315003693/filename8.htm", "label": "Yirendai Ltd.", "score": 10.1553730322, "published": false}], "size": 3, "snippet_links": [{"key": "technology-development", "type": "clause", "offset": [17, 39]}], "hash": "1854b164b1d973f27b45d094a8823540", "id": 3}, {"snippet": "means any one of them), the financial results of which have been consolidated and accounted for as the subsidiaries of the Company by virtue of the Contractual Arrangements;", "samples": [{"hash": "eMZNVQLpACK", "uri": "https://www1.hkexnews.hk/listedco/listconews/sehk/2020/0821/2020082100454.pdf", "label": "www1.hkexnews.hk", "score": 11.0511483931, "published": false}, {"hash": "5x66qXRsjvU", "uri": "https://newsfile.futunn.com/notice/2021/03/26/9674646-0.PDF", "label": "newsfile.futunn.com", "score": 6.598220397, "published": false}], "size": 3, "snippet_links": [{"key": "financial-results", "type": "definition", "offset": [28, 45]}, {"key": "the-subsidiaries-of-the-company", "type": "clause", "offset": [99, 130]}, {"key": "contractual-arrangements", "type": "definition", "offset": [148, 172]}], "hash": "9c213429d72d064809e94bebc1f844a0", "id": 4}, {"snippet": "means TuanChe Internet Information Service (Beijing) Co., Ltd. (\u56e2\u8f66\u4e92\u8054\u7f51\u4fe1\u606f\u670d\u52a1\uff08\u5317\u4eac\uff09\u6709\u9650\u516c\u53f8), a variable interest entity incorporated in the PRC;", "samples": [{"hash": "1pCuomaXO2G", "uri": "https://www.sec.gov/Archives/edgar/data/1743340/000114420418058010/tv506448_ex99-2.htm", "label": "TuanChe LTD", "score": 16.848733744, "published": false}, {"hash": "7NMBxuq8ggA", "uri": "https://www.sec.gov/Archives/edgar/data/1743340/000114420418054919/tv503170_ex99-2.htm", "label": "TuanChe LTD", "score": 16.8076659822, "published": false}], "size": 2, "snippet_links": [{"key": "internet-information-service", "type": "definition", "offset": [14, 42]}, {"key": "variable-interest-entity", "type": "clause", "offset": [86, 110]}, {"key": "the-prc", "type": "definition", "offset": [127, 134]}], "hash": "38cce3559aa336b70f770ba6594e788e", "id": 5}, {"snippet": "means Shandong Hongli Special Section Tube Co., Ltd. (\u5c71\u4e1c\u5b8f\u529b\u5f02\u578b\u94a2\u7ba1\u6709\u9650\u516c\u53f8), an enterprise incorporated under PRC Laws.", "samples": [{"hash": "iL9DkNCT7Nd", "uri": "https://www.sec.gov/Archives/edgar/data/1855557/000121390022033570/ff12022a4ex5-2_hongligroup.htm", "label": "Hongli Group Inc.", "score": 20.4572210815, "published": false}, {"hash": "6PPo4ZYBVlv", "uri": "https://www.sec.gov/Archives/edgar/data/1855557/000121390022004308/ff12021a1ex5-2_hongligroup.htm", "label": "Hongli Group Inc.", "score": 17.0821355236, "published": false}], "size": 2, "snippet_links": [{"key": "special-section", "type": "definition", "offset": [22, 37]}, {"key": "prc-laws", "type": "definition", "offset": [102, 110]}], "hash": "c27f10af2575c3afe4c9a3dfbfba78dd", "id": 6}, {"snippet": "means the entity incorporated in the PRC, Goxus (Beijing) Creative and Cultural Ltd.;", "samples": [{"hash": "lX7hvkoQR1S", "uri": "https://www.sec.gov/Archives/edgar/data/1791405/000121390020004469/ff12020a2ex99-2_goxusinc.htm", "label": "Legal Opinion (Goxus, Inc)", "score": 19.1382614648, "published": false}, {"hash": "dyiER5TjwqC", "uri": "https://www.sec.gov/Archives/edgar/data/1791405/000121390020001430/ff12020ex99-2_goxus.htm", "label": "Legal Opinion (Goxus, Inc)", "score": 19.0533880903, "published": false}], "size": 2, "snippet_links": [{"key": "the-entity", "type": "clause", "offset": [6, 16]}, {"key": "the-prc", "type": "definition", "offset": [33, 40]}], "hash": "7b4ba92a4532f8f0e5613608dfd48bc9", "id": 7}, {"snippet": "means Hangzhou Longyun Network Technology Co., Ltd. (\u676d\u5dde\u9f99\u8fd0\u7f51\u7edc\u79d1\u6280\u6709\u9650\u516c\u53f8) (the \u201cHangzhou Longyun\u201d);", "samples": [{"hash": "fDqxvefch4f", "uri": "https://www.sec.gov/Archives/edgar/data/1682241/000114420417038133/v471241_ex99-2.htm", "label": "Dragon Victory International LTD", "score": 15.5619438741, "published": false}, {"hash": "3fMUfFvlXDt", "uri": "https://www.sec.gov/Archives/edgar/data/1682241/000114420416138160/v454314_ex99-2.htm", "label": "Dragon Victory International LTD", "score": 11.9295003422, "published": false}], "size": 2, "snippet_links": [], "hash": "f3111cc185ad1c88b57562abc447ca58", "id": 8}, {"snippet": "means Hexin E-Commerce Co., Ltd. (\u548c\u4fe1\u7535\u5b50\u5546\u52a1\u6709\u9650\u516c\u53f8);", "samples": [{"hash": "7fmC9gTD0tp", "uri": "https://www.sec.gov/Archives/edgar/data/1702318/000104746917006381/a2233438zex-8_3.htm", "label": "Hexindai Inc.", "score": 15.7891854894, "published": false}, {"hash": "4GUzHSfyZEQ", "uri": "https://www.sec.gov/Archives/edgar/data/1702318/000104746917006136/a2233355zex-8_3.htm", "label": "Hexindai Inc.", "score": 15.742642026, "published": false}], "size": 2, "snippet_links": [], "hash": "dcc0fe43d2b7fbf19b8562a1a0e3bb23", "id": 9}, {"snippet": "means QIANHAI ASIA TIMES (SHEN ZHEN) INTERNATIONAL FINANCE SERVICE CO., LTD. (the \u201cASIA TIMES\u201d);", "samples": [{"hash": "4wEey04p4ja", "uri": "https://www.sec.gov/Archives/edgar/data/1755058/000114420418064104/tv508030_ex99-2.htm", "label": "Asia Times Holdings LTD", "score": 13.9418206708, "published": false}], "size": 1, "snippet_links": [{"key": "asia-times", "type": "clause", "offset": [14, 24]}], "hash": "3ec77b0a353e5a0fdb1c452bcd35dae0", "id": 10}], "next_curs": "CmESW2oVc35sYXdpbnNpZGVyY29udHJhY3Rzcj0LEhpEZWZpbml0aW9uU25pcHBldEdyb3VwX3Y1NiIdcHJjLW9wZXJhdGluZy1lbnRpdHkjMDAwMDAwMGEMogECZW4YACAA", "definition": {"snippet": "means Burning Rock (Beijing) Biotechnology Co., Ltd. (\u71c3\u77f3\uff08\u5317\u4eac\uff09\u751f\u7269\u79d1\u6280\u6709\u9650\u516c\u53f8), a variable interest entity incorporated in the PRC.", "size": 30, "title": "PRC Operating Entity", "id": "prc-operating-entity", "examples": ["As to licenses, approvals and government grants and concessions requisite or material for the conduct of any part of the PRC Operating Entities\u2019 business which is subject to periodic renewal, neither the Company, the Subsidiaries, nor any <strong>PRC Operating Entity</strong> has any knowledge of any grounds on which such requisite renewals will not be granted by the relevant PRC governmental authorities.", "There is no action, suit, claim, investigation, arbitration, alternate dispute resolution proceeding or any other proceeding pending or, to the knowledge of the Company, threatened against or involving the Company, any Subsidiary or any <strong>PRC Operating Entity</strong> which questions the validity of this Agreement or any of the other Transaction Documents or the transactions contemplated hereby or any action taken or to be taken pursuant hereto or thereto.", "Therefore, based on past practices and recent interpretation of the Supreme People\u2019s Court, it is unlikely the PBOC will impose any fines or penalties although there cannot be any assurance that no such fines or other punitive actions will be taken against the <strong>PRC Operating Entity</strong>.", "To the best of our knowledge after due inquiry, none of PRC Subsidiary or <strong>PRC Operating Entity</strong> is in material breach or default in the performance or observance of the VIE Agreements to which it is a party.", "The due execution, delivery and performance of each of the VIE Agreements by PRC Subsidiary and <strong>PRC Operating Entity</strong> and the other parties thereto, and the due consummation of the transactions contemplated thereunder, do not (A) result in any violation of the business license, articles of association, approval certificate or other constitutional documents (if any) of any of PRC Subsidiary and <strong>PRC Operating Entity</strong>; or (B) result in any violation of any explicit requirements under the PRC Laws.", "The ownership structure of PRC Subsidiary and <strong>PRC Operating Entity</strong>, currently and immediately after giving effect to the Offering, will not result in any violation of PRC laws or regulations currently in effect.", "Powers of Attorney granted by the shareholders of <strong>PRC Operating Entity</strong> dated August 18, 2017.", "The due execution, delivery and performance of each of the VIE Agreements by PRC Subsidiary and <strong>PRC Operating Entity</strong> and the other parties thereto, and the due consummation of the transactions contemplated thereunder, do not (a) result in any violation of the business license, articles of association, approval certificate or other constitutional documents (if any) of PRC Subsidiary and <strong>PRC Operating Entity</strong>; or (b) result in any violation of any explicit requirements under the PRC Laws.", "Based on the understanding of Cybersecurity Review, cybersecurity review by Office of Cybersecurity Review may not be required for the Offering, given that the <strong>PRC Operating Entity</strong> is a CRF profile manufacturer and is not an online platform operator.", "The ownership structure of PRC Subsidiary and <strong>PRC Operating Entity</strong>, currently and immediately after giving effect to the Offering, will not result in any violation of PRC Laws."], "related": [["operating-entity", "Operating Entity", "Operating Entity"], ["operating-entities", "Operating Entities", "Operating Entities"], ["trs", "TRS", "TRS"], ["pjm-operating-agreement", "PJM Operating Agreement", "PJM Operating Agreement"], ["reporting-entity", "Reporting Entity", "Reporting Entity"]], "related_snippets": [], "updated": "2025-07-06T21:56:50+00:00"}, "json": true, "cursor": ""}}