How can Haidilao Hotpot Restaurant International Holdings control domestic operating entities?

Haidilao Hot Pot Restaurant International Holdings Company controls domestic operating entities through Haidilao International Holdings Company in the Cayman Islands. There is no need to pay taxes when registering a company in the Cayman Islands, and only a small management fee is required. In addition, the Cayman Islands will keep investor information confidential, and there are no foreign exchange controls. Most of China's famous Internet companies are registered here.

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