We are a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities, which we refer to as a “target business.” As a blank check company incorporated for the purpose of effecting a business combination, we intend to consummate a business combination solely with US-based target companies. We have significant ties to China. Mr. Shaoren Liu, our Chief Executive Officer, who is also the sole member and sole director of our sponsor, is a Chinese citizen and currently located in China. If we consummate a business combination with a PRC target company, we are subject to legal and operated risks associated with being based in China. Consistent with our business strategy, we have identified the following general criteria and guidelines that we believe are important in evaluating candidates for our initial business combination. While we intend to use these criteria and guidelines in evaluating prospective businesses, we may deviate from these criteria and guidelines should we consider it appropriate to do so: Established businesses with long-term financial visibility; Defensible market position; Growth opportunities through capital investment; Benefit from being a public company; Benefit uniquely from our capabilities; Attractive risk-adjusted returns.