US-CN Companies & Securities Law Assignment

NetEase, Inc. (Cayman Islands) NetEase, Inc. CEO CEO William Lei Ding (Chinese: 丁磊; pinyin: Dīng Lěi; born 1 October 1971), also known as William Ding, is a Chinese billionaire businessman, and the founder and CEO of NetEase (163.com). VIE Structure Board of Directors William Lei Ding(CEO) Charles Zhaoxuan Yang(CFO) Alice Cheng Denny Lee Joseph Tong Lun Feng Michael Leung Michael Tong

Baidu, Inc.  (Cayman Islands) Baidu, Inc. CEO Founder Robin Li Yanhong (Chinese: 李彦宏; pinyin: Lǐ Yànhóng; born 17 November 1968) is a Chinese politician, internet entrepreneur, co-founder of the search engine Baidu and one of the richest people in China, with a net worth of US$18.5 billion as of October 2017. Li is a member of the 12th Chinese People's Political Consultative Conference. VIE Structure Baidu, Inc. VIE Structure Corporate Governance As a foreign private issuer (as defined in Rule 3b-4 under the Exchange Act), Baidu is permitted to follow home country practices in lieu of some of the corporate governance practices required to be followed by U.S. companies listed on the New York Stock Exchange. As a listed company in Cayman Islands, Baidu is subject to the requirement under the Companies Law of the Cayman Islands.   Board of Directors Robin Yanhong Li (Chairman CEO) Herman Yu (CFO) Ya-Qin Zhang Hailong Xiang Lee Liu Haifeng Wang ...

Sina Corporation  (Cayman Islands) Sina Corporation CEO CEO Charles Chao or Guowei Chao (Chinese: 曹国伟; pinyin: Cáo Guówěi) is a Chinese businessman who is the CEO and President of Sina Corp. Sina Corp is listed to trade on NASDAQ and now has around 63,918 employees worldwide. He has been with Sina since 1999, where he came in as vice president of finance. VIE Structure Corporate Governance As a foreign private issuer (as defined in Rule 3b-4 under the Exchange Act), Sina is permitted to follow home country practices in lieu of some of the corporate governance practices required to be followed by U.S. companies listed on the New York Stock Exchange. As a listed company in Cayman Islands, Sina is subject to the requirement under the Companies Law of the Cayman Islands. Board of Directors Charles Chao Bonnie Yi Zhang Hong Du Qingxu Deng Bin Zheng Ter Fung Tsao (Independent) Yan Wang (Independent) Song-Yi Zhang (Independent) Yichen Zhang (Indepe...

Sohu.com Limited  (Cayman Islands)(ADR) Sohu.com CEO Founder Charles Zhang , or Zhang Chaoyang (Chinese: 张朝阳; pinyin: Zhāng Cháoyáng) (born October 31, 1964) is a Chinese businessman, investor and the Founder, Chairman and current CEO of Sohu Inc. (Chinese: 搜狐) Sohu Inc is listed to trade on NASDAQ and now has around 14,200 employees worldwide. Dr. Zhang is regarded as one of the China's Internet pioneers and was named by Forbes magazine as one of the richest men in China in 2010. Corporate Governance As a foreign private issuer (as defined in Rule 3b-4 under the Exchange Act), Sohu is permitted to follow home country practices in lieu of some of the corporate governance practices required to be followed by U.S. companies listed on the NASDAQ Exchange. As a listed company in Cayman Islands, Sohu is subject to the requirement under the Companies Law of the Cayman Islands. Board of Directors Charles Zhang Xiaochuan Wang Dewen Chen Joanna Lv Charles Hu...

Tencent Music Entertainment Group  (Cayman Islands)(ADR) Tencent Music Entertainment CEO CEO Cussion Kar Shun Pang has been our chief executive officer since July 2016 and a member of our board of directors since May 2014 and is responsible for our strategic planning, business development, product strategy and management. Mr. Pang joined Tencent in 2008 and was appointed the company's Vice President in 2013. He has extensive experience across multiple businesses within Tencent including online games, e-commerce and social networking since 2008. Prior to joining Tencent, Mr. Pang worked for a number of publicly listed companies in telecommunications, internet and media industries, such as PCCW (HKEX: 6832). Since his first Internet project in 1996, Mr. Pang has experienced the various development stages of the Internet industry. Mr. Pang received a bachelor’s degree in mathematics (honors), business administration and information systems from University of Waterloo. ...

RYB Education, Inc.  (Cayman Islands)(ADR) RYB Education CEO Yanlai Shi CEO Yanlai Shi is our co-founder and has served as director and chief executive officer since our inception. Ms. Shi is a pioneer of the early childhood education industry in China. Ms. Shi also holds various positions, including a member of National Committee of the Chinese People's Political Consultative Conference of Fengtai District, Beijing, and a representative of the 11th National Congress of Chinese Women. Ms. Shi has received many honors in the business world as well. To name a few, she was awarded“Leader of Education Industry”in 2016 and“The Most Influential Business Women in China”in 2014. Ms. Shi received her bachelor's degree in law from Peking University and joint master's degree in management from the Australian National University and Tsinghua University. VIE Structure RYB Education VIE Structure Corporate Governance As a foreign private issuer (as defined in ...

New Oriental Education & Technology Group Inc.  (Cayman Islands)(ADR) New Oriental Education CEO Chairman Yu Minhong , or Michael Yu (Simplified Chinese: 俞敏洪; born 15 October 1962 in Jiangyin City, Jiangsu Province) is the founder and president of New Oriental Education & Technology Group Inc. (Simplified Chinese: 新东方教育科技集团), and a member of the central committee of China Democratic League. VIE Structure New Oriental Education VIE Structure Corporate Governance As a foreign private issuer (as defined in Rule 3b-4 under the Exchange Act), New Oriental is permitted to follow home country practices in lieu of some of the corporate governance practices required to be followed by U.S. companies listed on the New York Stock Exchange. As a listed company in Cayman Islands, New Oriental is subject to the requirement under the Companies Law of the Cayman Islands. Board of Directors Michael Minhong Yu (Chairman) Chenggang Zhou (CEO) Zhihui Yang (C...

CNOOC Limited (Hong Kong)(ADR) CNOOC Limited chairman Chairman Hua Yang Born in 1961, Mr. Yang is a professor-level senior economist and graduated from China University of Petroleum with a B.S. degree in petroleum engineering. He also received an MBA degree from the Sloan School of Management at MIT as a Sloan Fellow. Mr. Yang joined CNOOC in 1982 and has over 30 years of experience in petroleum exploration and production. From 1982 to 1992, Mr. Yang served in a number of positions in CNOOC Research Center including the Director of Field Development Department, the Manager of Reservoir Engineering Department and the Project Manager. Thereafter, Mr. Yang was mainly involved in international business, M&A, corporate finance and capital market operations. From 1993 to 1999, he served as the Deputy Chief Geologist, the Deputy Director and the Acting Director for Overseas Development Department of CNOOC and the Vice President of CNOOC International Limited. From 1999 to 20...

China Life Insurance Company Limited (ADR) China Life Insurance Company chairman Chairman Wang Bin has been an executive director and the chairman of the board of directors of our company since December 2018. Mr. Wang also acts as the chairman of the board of directors and the secretary to the party committee of CLIC, the chairman of the board of directors of AMC, the chairman of the board of directors of China Life Insurance (Overseas) Company Limited and a director and the chairman of the board of directors of China Guangfa Bank Co., Ltd. Mr. Wang has successively been employed by government authorities and financial institutions with nearly 30 years of experience in financial management. He has worked at the People’s Bank of China, participating in the preparation and establishment of Agricultural Development Bank of China as an important member. Mr. Wang served as the general manager of Jiangxi Branch of Agricultural Development Bank of China, and the president of Tia...

China Petroleum and Chemical Corporation China Petroleum and Chemical Corporation chairman Chairman Dai Houliang, aged 55, Chairman of the Board of Directors of Sinopec Corp. Mr. Dai is a professor level senior engineer with a Ph.D. degree and an academician of the Chinese Academy of Engineering. Mr. Dai is the alternate member of the nineteenth Central Committee of the Communist Party of China. In December 1997, he was appointed as Vice President of Yangzi Petrochemical Corporation; in April 1998, he served as Director and Vice President of Yangzi Petrochemical Co., Ltd.; in July 2002, he served as Vice Chairman of Board of Directors, President of Yangzi Petrochemical Co., Ltd. and Director of Yangzi Petrochemical Corporation; in December 2003, he served as Chairman of Board of Directors and President of Yangzi Petrochemical Co., Ltd. and concurrently as Chairman of Board of Directors of Yangzi Petrochemical Corporation; in December 2004, he served concurrently as Chairma...

PetroChina Company Limited PetroChina chairman Chairman Wang Yilin, age 62, is the chairman of our company, the chairman of CNPC and the secretary of the Communist Party of China (“CPC”) Leadership Group of CNPC. Mr. Wang is a professor-level senior engineer and holds a doctorate degree. He has extensive work experience in China’s oil and gas industry. Mr. Wang was appointed as the standing member of the CPC Committee, deputy director and chief exploration geologist of Xinjiang Petroleum Administration Bureau in June 1996, and the general manager and secretary of the CPC Committee of our Xinjiang Oilfield Company in September 1999. He served as the assistant general manager of CNPC since July 2003. Mr. Wang was appointed as a deputy general manager and a member of the CPC Leadership Group of CNPC in December 2003. From July 2004, he worked concurrently as the chief safety officer of CNPC. He was a director of our company from November 2005 to April 2011. From April 2011, Mr. ...

China Southern Airlines Company Limited China Southern Airlines chairman Chairman Wang Changshun,

China Eastern Airlines Corporation Limited China Eastern Airlines chairman Chairman Liu Shaoyong,

China Telecom Corporation Limited China Telecom Corporation Limited chairman Chairman Ke Ruiwen, Corporate Structure China Telecom Corporation Limited Corporate Structure

China Unicom (Hong Kong) Limited China Unicom (Hong Kong) Limited chairman Chairman Wang Xiaochu Corporate Structure

China Mobile Limited (ADR) China Mobile CEO Chairman Chairman Jie Yang, Corporate Structure China Mobile Limited corporate structure Corporate Governance As a listed company in Hong Kong, China Mobile is subject to the requirement under the Hong Kong Listing Rules

Alibaba Group Holding Ltd  (Cayman Islands)(ADR) Founder Jack Ma (born Ma Yun, Chinese: 马云; 10 September 1964 Chinese calendar) is a Chinese business magnate, politcian , investor, and philanthropist. He is the co-founder and executive chair of the Alibaba Group(BABA). VIE Structure Alibaba Group VIE Structure Board of Directors Corporate Governance As a foreign private issuer (as defined in Rule 3b-4 under the Exchange Act), Alibaba is permitted to follow home country practices in lieu of some of the corporate governance practices required to be followed by U.S. companies listed on the New York Stock Exchange. As a listed company in Cayman Islands, Alibaba is subject to the requirement under the Companies Law of the Cayman Islands.

JD.com, Inc (ADR) JD.com CEO Liu Qiangdong Founder Liu Qiangdong (Chinese: 刘强东; born 10 March 1973 or 14 February 1974), also known as Richard Liu, is a Chinese Internet entrepreneur. He is the founder of JD.com or Jingdong Mall. VIE Structure JD.com VIE Structure Board of Directors IPO Price

China Concepts Stock Famous Former Chairman of China Securities Regulatory Commission Guo Shuqing China Concepts Stock is a set of stock of companies whose assets or earnings have significant activities in mainland China. The People's Republic of China is undergoing major financial transformation, and many leading mainland-based companies have chosen to list themselves overseas to gain access to foreign investor capital. Currently, there are China Concepts Stocks listed on several major stock exchanges around the globe, including the Hong Kong Stock Exchange (HKEx), Singapore Exchange (SGX), New York Stock Exchange (NYSE), NASDAQ, NYSE MKT (formerly known as the American Stock Exchange), London Stock Exchange (LSE), Euronext, and the Tokyo Stock Exchange (TSE). Poor condition in China capital market The influx into US markets of the small and newly created Chinese companies was due to their facing serous obstacles to raising funds in China. Many non-state-owned Chi...

1. Describe the meaning of ‘insolvency’ with regards to companies. Section 95A of the Corporations Act 2001 (the Corporations Act) provides a definition of solvent and insolvent with reference to a person, but the definition can be extended to a company, which is considered a legal person: (1) A person is solvent if, and only if, the person is able to pay all the person’s debts, as and when they become due and payable. (2) A person who is not solvent is insolvent. 2. Briefly describe the procedures through which the Corporations Act attempts to avoid liquidation of companies if possible. The main intention of the Corporations Act 2001 is to treat liquidation as a last resort. The Corporations Act 2001 provides extensive guidance on the rights of members and creditors whenever it is decided that the life of the company is in danger of drawing to a close due to financial difficulties. The Corporations Act also attempts to avoid the liquidation or winding up (these terms c...