As these opinions were recently issued, official guidance and interpretation of the opinions remain unclear in several respects at this tim These opinions proposed to take effective measures, corresponding to selling the development of related regulatory methods, to deal with the dangers and incidents facing China-based overseas-listed corporations and the demand for cybersecurity and data privacy safety. The aforementioned policies and any associated implementation rules to be enacted might subject us to further compliance requirement in the future. These opinions emphasized the necessity to strengthen the administration over unlawful securities activities and the supervision on abroad listings by China-based companies. Moreover, the State Internet Information Office issued the Measures of Cybersecurity Review on July 10, 2021, which requires operators with private info of greater than 1 million users who need to listing overseas to file a cybersecurity review with the Office of Cybersecurity Review.
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