−Removed: is no private land ownership in the PRC.
−Removed: Individuals and companies are permitted to acquire land use rights for specific purposes.
−Removed: main offices and manufacturing facilities are located in Baodi District, Tianjin City, PRC.
−Removed: have been issued a Land Use Rights and Property Ownership Certificate for approximately 27,500 square meters of land and nine
−Removed: buildings thereon in Baodi District, Tianjin City, PRC by the People’s Government of Tianjin City, which expires October 10,
−Removed: believe that our existing facilities are well maintained are in good operating condition and are sufficient for our present needs.
−Removed: the nine buildings, four buildings are used for production, two for employee and franchisee training, one for employee accommodation,
−Removed: one for storage, and one for parking.
+Added: Prior to the consummation
+Added: of the Merger on December 31, 2020, our main offices and manufacturing facilities were located in Baodi District, Tianjin City, PRC.
+Added: were issued a Land Use Right Certificate by the People’s Government of Tianjin City with an expiration date of October 10,
+Added: 2057, and received a Property Ownership Certificate for approximately 27,500 square meters of land and constructed nine buildings thereon
+Added: in Baodi District, Tianjin City, PRC.
+Added: Among the nine buildings, four buildings were used for production, two for employee and franchisee
+Added: training, one for employee accommodation, one for storage, and one for parking.
+Added: After the consummation of
+Added: the Merger, we own no properties.
LEGAL PROCEEDINGS.
−Removed: have no knowledge of any material, active, pending or threatened proceeding against us or our subsidiaries, nor are we, or any
−Removed: subsidiary, involved as a plaintiff or defendant in any material proceeding or pending litigation.
+Added: We have no knowledge of any
+Added: material, active, pending or threatened proceeding against us or our subsidiaries, nor are we, or any subsidiary, involved as a plaintiff
+Added: or defendant in any material proceeding or pending litigation.
MINE SAFETY DISCLOSURES.
+Added: Not applicable.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.