Having negotiated internally from Sep.3rd,

government launched an update on the WOFE registration regulation on Oct.8th

and made it effective at the same time. The main effect is it speeds up the

time spent on registration processes with following details:-

The above update is only applied to someone

whose business scope does not fall into state industrial limitation list.

Besides, the updated regulation shows warm

welcome to foreign entities including in stock investment. WOFE may just file

its share proportion in related system when it achieved a proportion of 5% of a specific share.

For more specific query, please contact: info@wealthsharings.com or call/

WeChat:86/13423996819.