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funnyG986

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funnyG986

Re: Dmonti post# 205

Friday, 04/06/2018 9:23:40 AM

Friday, April 06, 2018 9:23:40 AM

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Here are answers to your questions.

1. The loan is between a lender and ETAH's subsidiary. it makes sense that ETAH is the Guarantor of the loan.

2 and 3, those two company entities is necessary for any mainland Chinese company to list overseas. It has to be something like

US-LISTING COMPANY A owns 100% of Cayman Islands company B
Cayman Islands company B owns 100% of Hongkong company C
Hongkong company C owns the target Chinese mainland company D, which is the one that eventually merge in

If you are still unclear, you can check Alibaba's company structure

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