1 unchanged sentence
Foreign Exchange Risk
−Removed: While our reporting
−Removed: currency is the US dollar, almost all of our consolidated revenues and consolidated costs and expenses are denominated in RMB.
−Removed: All of our assets are denominated in RMB except for some cash and cash equivalents and accounts receivables.
−Removed: As a result, we are
−Removed: exposed to foreign exchange risks as our revenues and results of operations may be affected by fluctuations in the exchange rate
−Removed: between US dollar and RMB.
−Removed: If the RMB depreciates against the US dollar, the value of our RMB revenues, earnings and assets as
−Removed: expressed in our US dollar financial statements will decline.
−Removed: We have not entered into any hedging transactions in an effort to
−Removed: reduce our exposure to foreign exchange risk.
+Added: While our reporting currency
+Added: is the US dollar, almost all of our consolidated revenues and consolidated costs and expenses are denominated in RMB.
+Added: assets are denominated in RMB except for some cash and cash equivalents and accounts receivables.
+Added: As a result, we are exposed
+Added: to foreign exchange risks as our revenues and results of operations may be affected by fluctuations in the exchange rate between
+Added: US dollar and RMB.
+Added: If the RMB depreciates against the US dollar, the value of our RMB revenues, earnings and assets as expressed
+Added: in our US dollar financial statements will decline.
+Added: We have not entered into any hedging transactions in an effort to reduce our
+Added: exposure to foreign exchange risk.
Although we are generally
6 unchanged sentences
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.