What changed 10-K

Item 2. Properties

2023-03-14 compared with 2022-03-31 · 8 added, 10 removed, 0 unchanged (100% of the section changed)

We do not own any real estate

or other physical properties materially important to our operations.

The Company entered into short-term agreements for temporary

office space expiring through June 30, 2021.

We entered an agreement to pay our Sponsor a monthly

fee of $10,000 for general and administrative services, including office space, utilities and administrative services to the Company.

We began incurring these fees on June 24, 2021 and will continue to incur these fees monthly until the earlier of the completion of the

business combination and the Company’s liquidation.

For the years ended December 31, 2021 and 2020, the Company incurred

rent expense of $11,936 and $14,405, respectively.

Headquartered

in Shanghai, China, we have offices in Shenzhen, Horgos, and Kashgar.

As of December 31, 2022, we leased altogether approximately

2,218.82 square meters of office space in Shanghai, Shenzhen, Horgos, and Kashgar.

We may add additional offices as we expand our business

to other provinces and countries.

We believe that our facilities are sufficient for our current needs and that, should it be needed,

additional facilities will be available to accommodate the expansion of our business.

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.