How is the term "associated entities" determined?
In that context ownership is defined as no less than 25% shareholding; provision of loans accounting for no less than 50% of the owner's capital; provision of guarantee of loans that accounts for no less than 10% of the company's total loans. An enterprise is deemed to be under the control of another enterprise if the legal representative or not less than half of the directors are appointed by another enterprise; when the business operations are dependent on the provision of proprietary technology of another enterprise; when the purchase of raw materials or components or the sales of products are controlled by another enterprise.
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