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The “directly responsible person in charge” and “other liable persons” still need to be determined in accordance with the particular situations.
The Explanation is divided into five groups including the determination of employment relationships.
KWM won the “Most Innovative Firm of the Year” and eight other individual and firm awards at China Law & Practice (CLP) Awards 2017.
This transaction marks Weichai’s debut perpetual bond offering in the international bond market, as well as the largest perpetual bond offering ever by a PRC company.