集群集团控股宣布WFOE公司注册完成，赴美上市之路迈出关键一步

Core Viewpoint - The completion of the registration of the Wholly Foreign-Owned Enterprise (WFOE) marks a significant step for the company in establishing a Variable Interest Entity (VIE) structure and preparing for its entry into the U.S. capital market [1] Group 1: Overseas Structure Implementation - The completion of the WFOE registration is part of a systematic architecture that includes the establishment of a Special Purpose Vehicle (SPV) in the Cayman Islands as the future listing entity [3] - The company has successfully obtained the "Document No. 37" registration from the State Administration of Foreign Exchange, ensuring the legal transfer of domestic rights to the overseas listing entity [3] - The newly established WFOE, fully controlled by the Cayman listing entity, serves as the core operational entity within China, forming a standardized VIE structure [4] Group 2: Strategic Significance of the Structure - The completion of the WFOE registration and the approval of "Document No. 37" serve as a "passport" and "bridge" to the international capital market, representing a leap in corporate governance modernization [5] - The structure opens up international financing channels, paving the way for attracting top global investment institutions for private financing, thus enabling more efficient capital acquisition for rapid business expansion [5] - It ensures that future fundraising from overseas listings can be legally and smoothly transferred to the domestic operational entity, while also safeguarding the legal remittance of dividends to overseas shareholders [6] Group 3: Enhancement of Corporate Governance - The adoption of internationally accepted corporate governance and financial reporting standards will significantly enhance international investors' confidence and recognition of the company [7]