Frontage Holdings Corporation (Hong Kong) (Hong Kong SAR, China)

Frontage Holdings Corporation is a limited liability company that was established on October 19, 2006, in Exton. The company was formerly known as Beijing Yuxin Yicheng Technology Co., Ltd. It was initially set up as a joint venture between Forward Wealth and Mingfeng Development. The company received approval from the Zhongguancun Science Park Haidian Park Management Committee and the Beijing Municipal People's Government to operate as a foreign-funded enterprise. Its registration was completed on September 5, 2006, and it obtained its business license from the Beijing Municipal Administration for Industry and Commerce on October 19, 2006. The company had an initial investment of $8 million and a registered capital of $4 million. In June 2015, the company's board of directors approved its transformation from a Sino-foreign joint venture to a foreign-invested limited liability company. On July 15, 2015, the shareholders signed an agreement to restructure the company as a foreign-invested limited liability company, with a registered capital of CNY 360 million. The company's total share capital after the restructuring was 360 million shares, with a face value of CNY 1.00 per share. The company held its inaugural shareholders' meeting on July 15, 2015, where the articles of association were approved, and the board of directors and supervisory board members were elected. On August 14, 2015, the Beijing Municipal Commission of Commerce approved the company's change to a foreign-invested limited liability company and its renaming to Beijing Yuxin Technology Group Co., Ltd. On August 18, 2015, the company obtained the approval certificate for Taiwan, Hong Kong, and Macau investment enterprises from the Beijing Municipal People's Government. On August 19, 2015, the company received a new business license from the Beijing Municipal Administration for Industry and Commerce, officially changing its name to Beijing Yuxin Technology Group Co., Ltd. The company is classified as a joint-stock company (Sino-foreign joint venture, unlisted).