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The financial statements of our subsidiary and affiliate are translated into U.S. The practical forex of our subsidiary and affiliated working firm within the PRC is the RMB. dollars using year-end rates of trade for belongings and liabilities, and common charges of trade for revenues, prices, and expenses. Beijing CMJM could terminate the agreement at any time upon thirty days’ written discover to Jinzheng. The settlement could be renewed for additional ten-year durations at Beijing CMJM’s written request.

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