In addition, Nejmeh has worked as a contract journalist for numerous media retailers, specializing in information journalism and investigative reporting. He has served as Adalah’s general and legal director since its institution in 199 She has earned a number of skilled certifications, together with one from Al Jazeera Center in Qatar. Nejmeh has labored for human rights organizations for the previous six years, including HaMoked – The Center for the Defense of the Individual and Yesh Din, in a wide selection of positions together with Arabic media coordinator and field researcher within the Occupied Palestinian Territory.

Although the statutory reserves can be used, among other methods, to extend the registered capital and eliminate future losses in extra of retained earnings of the respective companies, the reserve funds aren’t distributable as cash dividends besides in the occasion of liquidation. We conduct our operations in China primarily through Shanghai Mufeng, our subsidiary, Shanghai Muliang, the VIE, and Shanghai Muliang’s subsidiarie In addition, every of our subsidiaries in China is required to put aside a minimal of 10% of its after-tax profits annually, if any, to fund a statutory reserve until such reserve reaches 50% of its registered capital. Each of such entity in China can also be required to additional set aside a portion of its after-tax income to fund the employee welfare fund, although the amount to be set aside, if any, is determined on the discretion of its board of administrators. As of the date of this prospectus, we have not made any dividends nor distributions to any U.S. Current PRC rules allow our oblique PRC subsidiaries to pay dividends to Muliang HK only out of their amassed earnings, if any, determined in accordance with Chinese accounting requirements and regulations.

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