NASDAQ, VIMC - Vimicro International Corp
Our legal and commercial name is Vimicro International Corporation. We commenced
operations in 1999 through Vimicro China, a company established in China. In
February 2004, we incorporated Vimicro International Corporation in the Cayman
Islands as an exempted company with limited liability under the Cayman Islands
Company Law (2004 Revision). In May 2004, we effected a corporate reorganization
whereby all former owners of Vimicro China transferred their ownership interests
in Vimicro China to Vimicro International Corporation, and Vimicro China became
a wholly-owned subsidiary of Vimicro International Corporation. Following the
share transfer, each former owner of Vimicro China and/or its designated nominee
subscribed for the shares of Vimicro International Corporation based on such
former owner?s pro rata ownership interest in Vimicro China prior to the
reorganization. ...
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