Item 2. Properties
Item
2. Properties
Our
principal executive office is located at F22, Xinhua Technology Building, No. 8 Tuofangying Road, Jiangtai, Chaoyang District,
Beijing, People’s Republic of China, which has approximately 1,770 square meters of office space. As of December 31, 2019,
we also rent an additional seven facilities primarily used for office space. Total space under lease, including our principal
executive office is 2,317 (m 2 ). We pay monthly rent of approximately $40,928 per month. Lease expiration dates range
from 2020 to 2025. We believe that our current offices are suitable and adequate to operate our business at this time. We do not
own any real property.
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