Company is under the negotiation for the counterparty to return the capital investment. In this connection, the counterparty agreed to enter into the agreement to return the security deposit which has the
for the counterparty to return the capital investment. In this connection, the counterparty agreed to enter into the agreement to return the capital investment which has the payment period for the total
of such documents, as well as other relevant documentary evidence, and take any other arrangements with the relevant authorities, and any arrangements necessary for or in connection with the disposal
the necessity and urgency of the Transaction and directors’ fiduciary duty in connection with the Transaction 1.15. Opinion of the Audited Committee and/or the Directors of the Company which is
classification may somewhat help ease the impact of deteriorating quality of normal loan to NPLs. Meanwhile, most banks are expected to emphasize efficient cost management and adjust their operating strategies in
Company will adjust the exercise price to purchase ordinary shares and the exercise ratio to purchase ordinary shares of CCET-WC during the term of CCET-WC in case there is an occurrence of events under the
filed a complaint against the former executives to SEC, including exercising legal rights to sue against them as well). Besides, receiving compensation will help reduce burden of License fee, adjust
: The company will adjust the exercise price and exercise ratio. When one of the following events occurs The objective is to protect the benefits of the Warrant Holders not to be inferior 1. When there is
, conditions and other details as necessary for and in connection with the issuance and allocation of newly issued shares as it deems appropriate under the applicable law, including but not limited to the
in the full refund of the capital investment. Currently, the Company is under the negotiation for the counterparty to return the capital investment. In this connection, the counterparty agreed to enter