When conducting cross-border tax planning, enterprises must strictly abide by the laws and regulations of various countries and follow the principles of international tax compliance. Chinese law clearly prohibits any form of tax evasion and evasion, and enterprises shall fulfill their tax obligations in accordance with the law. We recommend that companies consult professional tax consultants when conducting tax planning to ensure that all operations comply with relevant national and international tax laws and regulations, including but not limited to the "Enterprise Income Tax Law of the People's Republic of China" and its implementing regulations, as well as the OECD's BEPS Action Plan and other international tax rules. Any attempt to evade the tax burden through a complex equity structure may face serious legal consequences, including high fines and criminal liability. We encourage companies to optimize their tax structure through legal means, such as using bilateral tax treaties and other legitimate means to reduce their tax burden.