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Baidu, Inc. – ‘20-F’ for 12/31/16 – ‘EX-4.46’

On:  Friday, 3/31/17, at 6:36am ET   ·   For:  12/31/16   ·   Accession #:  1193125-17-105041   ·   File #:  0-51469

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  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 3/31/17  Baidu, Inc.                       20-F       12/31/16  152:15M                                    Donnelley … Solutions/FA

Annual Report by a Foreign Non-Canadian Issuer   —   Form 20-F   —   Sect. 13 / 15(d) – SEA’34
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 20-F        Annual Report by a Foreign Non-Canadian Issuer      HTML   1.78M 
 2: EX-4.34     Instrument Defining the Rights of Security Holders  HTML     96K 
 3: EX-4.35     Instrument Defining the Rights of Security Holders  HTML    113K 
 4: EX-4.36     Instrument Defining the Rights of Security Holders  HTML     75K 
 5: EX-4.37     Instrument Defining the Rights of Security Holders  HTML     68K 
 6: EX-4.38     Instrument Defining the Rights of Security Holders  HTML     61K 
 7: EX-4.39     Instrument Defining the Rights of Security Holders  HTML    115K 
 8: EX-4.40     Instrument Defining the Rights of Security Holders  HTML    105K 
 9: EX-4.41     Instrument Defining the Rights of Security Holders  HTML     40K 
10: EX-4.42     Instrument Defining the Rights of Security Holders  HTML     40K 
11: EX-4.43     Instrument Defining the Rights of Security Holders  HTML     60K 
12: EX-4.44     Instrument Defining the Rights of Security Holders  HTML     78K 
13: EX-4.45     Instrument Defining the Rights of Security Holders  HTML     79K 
14: EX-4.46     Instrument Defining the Rights of Security Holders  HTML     55K 
15: EX-4.47     Instrument Defining the Rights of Security Holders  HTML     55K 
16: EX-4.48     Instrument Defining the Rights of Security Holders  HTML     60K 
17: EX-4.49     Instrument Defining the Rights of Security Holders  HTML     79K 
18: EX-4.50     Instrument Defining the Rights of Security Holders  HTML     78K 
19: EX-4.51     Instrument Defining the Rights of Security Holders  HTML     74K 
20: EX-4.52     Instrument Defining the Rights of Security Holders  HTML     75K 
21: EX-4.53     Instrument Defining the Rights of Security Holders  HTML     40K 
22: EX-4.54     Instrument Defining the Rights of Security Holders  HTML     40K 
23: EX-4.55     Instrument Defining the Rights of Security Holders  HTML     40K 
24: EX-4.56     Instrument Defining the Rights of Security Holders  HTML     40K 
25: EX-4.57     Instrument Defining the Rights of Security Holders  HTML     41K 
26: EX-4.58     Instrument Defining the Rights of Security Holders  HTML     77K 
27: EX-4.59     Instrument Defining the Rights of Security Holders  HTML     72K 
28: EX-4.60     Instrument Defining the Rights of Security Holders  HTML     75K 
29: EX-4.61     Instrument Defining the Rights of Security Holders  HTML     61K 
30: EX-4.68     Instrument Defining the Rights of Security Holders  HTML    711K 
31: EX-4.69     Instrument Defining the Rights of Security Holders  HTML    228K 
32: EX-8.1      Opinion of Counsel re: Tax Matters                  HTML     37K 
35: EX-13.1     Annual or Quarterly Report to Security Holders      HTML     39K 
36: EX-13.2     Annual or Quarterly Report to Security Holders      HTML     39K 
33: EX-12.1     Statement re: Computation of Ratios                 HTML     43K 
34: EX-12.2     Statement re: Computation of Ratios                 HTML     42K 
37: EX-15.1     Letter re: Unaudited Interim Financial Info         HTML     39K 
38: EX-15.2     Letter re: Unaudited Interim Financial Info         HTML     39K 
39: EX-15.3     Letter re: Unaudited Interim Financial Info         HTML     39K 
46: R1          Document and Entity Information                     HTML     67K 
47: R2          Consolidated Balance Sheets                         HTML    190K 
48: R3          Consolidated Balance Sheets (Parenthetical)         HTML     69K 
49: R4          Consolidated Statements Of Comprehensive Income     HTML    142K 
50: R5          Consolidated Statements Of Comprehensive Income     HTML     41K 
                (Parenthetical)                                                  
51: R6          Consolidated Statements Of Cash Flows               HTML    228K 
52: R7          Consolidated Statements Of Shareholders' Equity     HTML    111K 
53: R8          Organization, Consolidation and Presentation of     HTML    128K 
                Financial Statements                                             
54: R9          Summary of Significant Accounting Policies          HTML    189K 
55: R10         Business Combinations                               HTML     57K 
56: R11         Investments                                         HTML    101K 
57: R12         Accounts Receivable                                 HTML     57K 
58: R13         Other Current Assets                                HTML     49K 
59: R14         Fixed Assets                                        HTML     55K 
60: R15         Goodwill and Intangible Assets                      HTML    112K 
61: R16         Accounts Payable and Accrued Liabilities            HTML     54K 
62: R17         Loans Payable                                       HTML     60K 
63: R18         Notes Payable                                       HTML     59K 
64: R19         Income Taxes                                        HTML    111K 
65: R20         Employee Defined Contribution Plan                  HTML     42K 
66: R21         Commitments and Contingencies                       HTML     61K 
67: R22         Redeemable Noncontrolling Interests                 HTML     51K 
68: R23         Shareholders' Equity                                HTML    102K 
69: R24         Earnings Per Share ("Eps")                          HTML     97K 
70: R25         Share-Based Awards Plan                             HTML     80K 
71: R26         Related Party Transactions                          HTML     61K 
72: R27         Segment Reporting                                   HTML     67K 
73: R28         Fair Value Measurement                              HTML    102K 
74: R29         Subsequent Events                                   HTML     45K 
75: R30         Summary of Significant Accounting Policies          HTML    274K 
                (Policies)                                                       
76: R31         Organization, Consolidation and Presentation of     HTML     79K 
                Financial Statements (Tables)                                    
77: R32         Summary of Significant Accounting Policies          HTML     50K 
                (Tables)                                                         
78: R33         Business Combinations (Tables)                      HTML     45K 
79: R34         Investments (Tables)                                HTML     89K 
80: R35         Accounts Receivable (Tables)                        HTML     56K 
81: R36         Other Current Assets (Tables)                       HTML     49K 
82: R37         Fixed Assets (Tables)                               HTML     52K 
83: R38         Goodwill and Intangible Assets (Tables)             HTML    107K 
84: R39         Accounts Payable and Accrued Liabilities (Tables)   HTML     53K 
85: R40         Notes Payable (Tables)                              HTML     58K 
86: R41         Income Taxes (Tables)                               HTML     99K 
87: R42         Commitments and Contingencies (Tables)              HTML     55K 
88: R43         Redeemable Noncontrolling Interests (Tables)        HTML     49K 
89: R44         Shareholders' Equity (Tables)                       HTML     85K 
90: R45         Earnings Per Share ("Eps") (Tables)                 HTML     97K 
91: R46         Share-Based Awards Plan (Tables)                    HTML     77K 
92: R47         Related Party Transactions (Tables)                 HTML     58K 
93: R48         Segment Reporting (Tables)                          HTML     60K 
94: R49         Fair Value Measurement (Tables)                     HTML     96K 
95: R50         Organization, Consolidation and Presentation of     HTML     57K 
                Financial Statements - Additional Information                    
                (Detail)                                                         
96: R51         Financial Statement Balances and Amounts of VIEs    HTML    140K 
                and Their Subsidiaries were Included in                          
                Consolidated Financial Statements After                          
                Elimination of Intercompany Balances and                         
                Transactions Among VIEs and Their Subsidiaries                   
                Within Group (Detail)                                            
97: R52         Summary of Significant Accounting Policies -        HTML    118K 
                Additional Information (Detail)                                  
98: R53         Estimated Useful Lives of Fixed Assets (Detail)     HTML     59K 
99: R54         Weighted Average Useful Lives from Date of          HTML     56K 
                Purchase of Intangible Assets (Detail)                           
100: R55         Business Combinations - Additional Information      HTML     48K  
                (Detail)                                                         
101: R56         Summary of Estimated Fair Values of Assets          HTML     60K  
                Acquired, Liabilities Assumed and Noncontrolling                 
                Interest (Detail)                                                
102: R57         Investments - Short-term Investments - Additional   HTML     44K  
                information (Detail)                                             
103: R58         Investments - Long-term Investments - Additional    HTML     93K  
                information (Detail)                                             
104: R59         Summarized Financial Information (Detail)           HTML     78K  
105: R60         Schedule of Investments at Amortized Cost and Fair  HTML     96K  
                Value (Detail)                                                   
106: R61         Accounts Receivable (Detail)                        HTML     48K  
107: R62         Movement in Allowance for Doubtful Accounts         HTML     48K  
                (Detail)                                                         
108: R63         Other Current Assets (Detail)                       HTML     58K  
109: R64         Fixed Assets (Detail)                               HTML     64K  
110: R65         Fixed Assets - Additional Information (Detail)      HTML     65K  
111: R66         Goodwill and Intangible Assets - Additional         HTML     48K  
                Information (Detail)                                             
112: R67         Changes in Carrying Amount of Goodwill (Detail)     HTML     70K  
113: R68         Finite-Lived Intangible Assets (Detail)             HTML     68K  
114: R69         Estimated Amortization Expense Relating to          HTML     51K  
                Existing Intangible Assets with Finite Lives                     
                (Detail)                                                         
115: R70         Indefinite-Lived Intangible Assets (Detail)         HTML     43K  
116: R71         Accounts Payable and Accrued Liabilities (Detail)   HTML     73K  
117: R72         Loans Payable - Additional Information (Detail)     HTML    267K  
118: R73         Notes Payable - Additional Information (Detail)     HTML     89K  
119: R74         Principal Amount and Unamortized Discount and Debt  HTML     47K  
                Issuance Costs (Detail)                                          
120: R75         Repayment of Principal Amount of Long Term Debts    HTML     57K  
                (Detail)                                                         
121: R76         Income Taxes - Additional Information (Detail)      HTML    143K  
122: R77         Income Before Income Taxes (Detail)                 HTML     48K  
123: R78         Components of Income Tax (Detail)                   HTML     53K  
124: R79         Reconciliation of Effective Income Tax Provision    HTML     78K  
                of Tax Computed By Applying Statutory Income Tax                 
                Rate to Pre-Tax Income (Detail)                                  
125: R80         Tax Effects of Temporary Differences that Gave      HTML     71K  
                Rise to Deferred Tax Balances (Detail)                           
126: R81         Employee Defined Combination Plan - Additional      HTML     42K  
                Information (Detail)                                             
127: R82         Commitment and Contingencies - Additional           HTML     55K  
                Information (Detail)                                             
128: R83         Future Minimum Payments Under Non-Cancelable        HTML     58K  
                Operating Leases with Initial Terms of One-Year or               
                More (Detail)                                                    
129: R84         Future Minimum Payments Under Non-Cancelable        HTML     53K  
                Licensing Agreements (Detail)                                    
130: R85         Summary of Redeemable Noncontrolling Interest       HTML     50K  
                (Detail)                                                         
131: R86         Redeemable Noncontrolling Interests - Additional    HTML     49K  
                Information (Detail)                                             
132: R87         Shareholder's Equity - Additional Information       HTML     88K  
                (Detail)                                                         
133: R88         Shareholders' Equity (Detail)                       HTML     48K  
134: R89         Components of Accumulated Other Comprehensive       HTML     68K  
                Income (Loss) (Detail)                                           
135: R90         Tax Effect Allocated to Each Component of Other     HTML     51K  
                Comprehensive Income (Detail)                                    
136: R91         Reconciliation of Net Income to Numerator for       HTML     48K  
                Computation of Basic and Diluted Net Income per                  
                Share (Detail)                                                   
137: R92         Computation of Basic and Diluted Net Income         HTML     90K  
                Attributable to Baidu, Inc. Per Share for Class A                
                and Class B Ordinary Shares (Detail)                             
138: R93         Share-Based Awards Plan - Additional Information    HTML     96K  
                of Baidu, Inc. (Detail)                                          
139: R94         Option Activity - Baidu, Inc. (Detail)              HTML     97K  
140: R95         Assumptions Used to Estimate Fair Values of Share   HTML     62K  
                Options Granted - Baidu, Inc. (Detail)                           
141: R96         Restricted Shares Activity (Detail)                 HTML     68K  
142: R97         Total Share-Based Compensation Cost Recognized      HTML     53K  
                (Detail)                                                         
143: R98         Related Party Transactions - Additional             HTML     44K  
                Information (Detail)                                             
144: R99         Related Party Balances (Detail)                     HTML     66K  
145: R100        Related Party Balances (Parenthetical) (Detail)     HTML     47K  
146: R101        Segment Reporting - Additional Information          HTML     41K  
                (Detail)                                                         
147: R102        Summary of Group's Operating Segment Results        HTML     60K  
                (Detail)                                                         
148: R103        Fair Value Disclosure and Measurement (Detail)      HTML    133K  
149: R104        Subsequent Events - Additional Information          HTML     71K  
                (Detail)                                                         
151: XML         IDEA XML File -- Filing Summary                      XML    231K  
150: EXCEL       IDEA Workbook of Financial Reports                  XLSX    169K  
40: EX-101.INS  XBRL Instance -- bidu-20161231                       XML   3.59M 
42: EX-101.CAL  XBRL Calculations -- bidu-20161231_cal               XML    411K 
43: EX-101.DEF  XBRL Definitions -- bidu-20161231_def                XML   1.15M 
44: EX-101.LAB  XBRL Labels -- bidu-20161231_lab                     XML   2.29M 
45: EX-101.PRE  XBRL Presentations -- bidu-20161231_pre              XML   1.61M 
41: EX-101.SCH  XBRL Schema -- bidu-20161231                         XSD    304K 
152: ZIP         XBRL Zipped Folder -- 0001193125-17-105041-xbrl      Zip    352K  


‘EX-4.46’   —   Instrument Defining the Rights of Security Holders


This Exhibit is an HTML Document rendered as filed.  [ Alternative Formats ]



  EX-4.46  

Exhibit 4.46

Equity Transfer Agreement

This Equity Transfer Agreement (this “Agreement”) is entered into as of June 13, 2016 in Beijing, the People’s Republic of China (“PRC”) by and between:

Transferor: Zhan Wang, a PRC citizen, ID No.:

Transferee: Hailong Xiang, a PRC citizen, ID No.:

The Parties above are collectively referred to as the “Parties,” individually as a “Party.”

Definitions

Unless otherwise agreed hereunder, the following terms shall have the following meanings:

“Target” means Beijing Baidu Netcom Science Technology Co.,Ltd., whose registered address is at 2/F Baidu Plaza, No. 10 Shangdi 10th Street, Haidian District, Beijing.

“Transfer Subject” means the aggregate 0.5% equity interests of the Target held by the Transferor (corresponding to the registered capital of RMB4.45 million).

WHEREAS

 

(1)

The Target is a limited liability company duly incorporated and validly existing under the PRC laws, with its registered capital of RMB890 million. As of the date hereof the shareholding structure of the Target is set forth as follows:

 

No.    Shareholder    Amount of Contribution
(RMB10,000)
     Shareholding Percentage  

1

  

Yanhong Li

     88,555        99.5

2

  

Zhan Wang

     445        0.5

Total

     89,000        100

 

(2)

The Transferor intends to transfer to the Transferee, and the Transferee is willing to accept the transfer of, the aggregate 0.5% equity interests of the Target the Transferor holds.

NOW THEREFORE, in accordance with the relevant PRC laws, rules and regulations, based on the principals of voluntariness, fairness and honesty and upon friendly consultation, with respect to the matters regarding the transfer of the 0.5% equity interest in the Target, the Parties agree as follows:

 

1


1.

Transfer Subject

 

1.1

The Transfer Subject of this Agreement is the aggregate 0.5% of the equity interests it holds in the Target, and the Transferor agrees to transfer the Transfer Subject to the Transferee.

 

2.

Target

 

2.1

The Target involved herein is legally existing and has independent legal person status.

 

2.2

The Target owns legal approval or licensing documents involved in its conduct of business.

 

3.

Transfer Price and Payment

 

3.1

Transfer price: the Parties agree that the price of the Transfer Subject hereunder shall be RMB4.45 million.

 

3.2

Means of payment: the Transferee will pay the price in cash to the bank account designated by the Transferor in writing.

 

4.

Registration Changes

 

4.1

The Transferor shall cause the Target to handle the equity change registration procedures of the Target with the registration authority. The date when the registration authority completes the equity change registration procedures and issues new business license of the Target shall be deemed as the date when the transaction is accomplished.

 

5.

Representations and Warranties of the Transferor

 

5.1

The Transferor has fully paid up its contribution to the registered capital of the Target, and its contribution has been verified and a capital verification report has been obtained therefor. There are no fake or escaped contributions.

 

5.2

The Transferor owns legal, valid and full right of disposal on the Transfer Subject hereunder, and the Transfer Subject it holds is free of pledge or any other form of security or third party interest.

 

6.

Representations and Warranties of the Transferee

 

6.1

The acceptance of the Transfer Subject hereunder by the Transferee is in compliance with the provisions of law and regulations and does not violate any industrial policy in the PRC.

 

6.2

All certificates and materials submitted to the Transferor for purposes of executing this Agreement are true and complete.

 

6.3

All approval procedures necessary for execution of this Agreement have been duly and validly obtained.

 

2


7.

Transaction Expenses

The transaction expenses arising in connection with the transaction hereunder shall be borne in accordance with provisions of relevant law.

 

8.

Liabilities for Breach

 

8.1

Any Party in violation of this Agreement shall take full compensation responsibilities for any loss incurred to the other Parties as a result of its breach.

 

8.2

The liabilities to be taken by any Party for its breach of this Agreement shall not be relieved due to termination of this Agreement.

 

9.

Amendment and Termination of Agreement

 

9.1

The Parties may amend or terminate this Agreement through negotiations. Matters not covered herein may be subject to a written supplementary agreement between the Parties.

 

9.2

In any of the following cases, this Agreement may be terminated:

9.2.1 by either Party, if the purposes of this Agreement cannot be realized for an event of force majeure or any reason not contributable to either Party;

9.2.2 by a Party, if the other Party is incapacitated for performance of this Agreement;

9.2.3 by a Party, if the purposes of this Agreement cannot be realized due to the other Party is in serious breach;

9.2.4 by a Party, if the other Party breaches any of its representations and warranties of Articles 5 and 6 hereof.

 

10.

Governing Law and Dispute Resolution

 

10.1

This Agreement shall be governed by the laws of the People’s Republic of China.

 

10.2

Any disputes arising from the interpretation and performance of the terms hereunder shall first be resolved by the Parties through consultation in good faith. In case of a failure to reach an agreement to resolve a dispute between the Parties, either Party may submit the dispute to China International Economic and Trade Arbitration Commission for arbitration in accordance with its then effective arbitration rules. The arbitration shall be held in Beijing. The arbitral award shall be final and binding upon both Parties.

 

11.

Effectiveness

This Agreement shall become effective upon executed by the Parties on the date first written above.

 

3


12.

Miscellaneous

 

12.1

The Parties may amend and supplement this Agreement in writing, which shall be attached to this Agreement as appendices. The appendices shall have equal legal effect as this Agreement.

 

12.2

This Agreement is made in four counterparts, one for each Party and the others shall be filed to relevant registration authority for record.

[Remainder of the page intentionally left blank]

 

4


[This page contains no body text and is the signature page of the Equity Transfer Agreement]

Transferor:

Zhan Wang

 

Signature:  

/s/ Zhan Wang

Transferee:

Hailong Xiang

 

Signature:  

/s/ Hailong Xiang

 

5


Dates Referenced Herein

This ‘20-F’ Filing    Date    Other Filings
Filed on:3/31/17None on these Dates
For Period end:12/31/16
6/13/16
 List all Filings 


4 Subsequent Filings that Reference this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 3/15/24  Baidu, Inc.                       20-F       12/31/23  159:24M                                    Donnelley … Solutions/FA
 3/22/23  Baidu, Inc.                       20-F       12/31/22  164:28M                                    Donnelley … Solutions/FA
 3/28/22  Baidu, Inc.                       20-F       12/31/21  168:26M                                    Donnelley … Solutions/FA
 3/09/21  Baidu, Inc.                       20-F       12/31/20  166:25M                                    Donnelley … Solutions/FA
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Filing Submission 0001193125-17-105041   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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