• Key Excerpts
  • VIE Structure
  • VIE Risks
  • VIE Revenue
  1. Famous Grow is owned by Fok Wing Lam Winnie (whose Mandarin name is Huo Yong Lin). Pursuant to the Amended and Restated Call Option Agreement as amended, our founder, Chairman and Chief Executive Officer Zhihong Jia, has the right to acquire 100% of the ownership of Famous Grow.
  2. Wuhan Kingold is 55.31% owned by Zhihong Jia, our founder, Chairman and Chief Executive Officer, with the balance of 44.69% owned by a total of 46 other shareholders, who are all PRC citizens. All of Wuhan Kingold’s shareholders have entered into the VIE agreements.

Key excerpts from filing(s) - related to VIEs

Through a variable interest entity (“VIE”) relationship with Wuhan Kingold Jewelry Company Limited (“Wuhan Kingold”), a corporation incorporated in the People’s Republic of China (“PRC”), we believe that we are one of the leading professional designers and manufacturers of high quality 24-karat gold jewelry and Chinese ornaments.

Risks identified in filing(s) - related to VIEs

As a smaller reporting company, we are not required to provide the information otherwise required by this Item.

Revenue information for VIEs not provided in SEC filings

Ownership and Voting power details

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Source(s)