{"url_path":"/sec/raasy/10-k/2026/item-16g","section_key":"item-16g","section_title":"Item 16G CORPORATE GOVERNANCE**","topic":"sec","document":{"doc_type":"20-F","doc_date":"2026-05-08","source_url":"https://www.sec.gov/Archives/edgar/data/1804583/0001493152-26-021875-index.html","accession_number":"0001493152-26-021875","cik":"0001804583","ticker":"RAASY","issuer_name":"Cloopen Group Holding Ltd","edgar_url":"https://www.sec.gov/Archives/edgar/data/1804583/0001493152-26-021875-index.html","primary_entity_key":"0001804583","primary_entity_name":"Cloopen Group Holding Ltd"},"word_count":217,"has_tables":true,"body_markdown":"**ITEM\n16G. CORPORATE GOVERNANCE**\n\n \n\nWe\nare a foreign private issuer within the meaning of the rules under the Exchange Act, and as such we are exempt from certain provisions\nof the securities rules and regulations that are applicable to U.S. domestic issuers. Moreover, the information we are required to file\nwith or furnish to the SEC will be less extensive and less timely compared to that required to be filed with the SEC by U.S. domestic\nissuers. As a Cayman Islands company previously listed on the NYSE, we were subject to the NYSE corporate governance listing standards.\nHowever, we were permitted to adopt certain home country practices in relation to corporate governance matters that differ significantly\nthe NYSE corporate governance listing standards. To the extent that we choose to follow home country practice in the future, our shareholders\nmay be afforded less protection than they otherwise would enjoy under the NYSE corporate governance listing standards applicable to U.S.\ndomestic issuers.\n\n \n\nOn\nMay 17, 2023, the NYSE suspended the trading in the ADSs and commenced delisting proceedings. Following the trading suspension, the ADSs\nhave been quoted on the OTC market in the United States under the symbol “RAASY.” On October 25, 2023, we were delisted from\nNYSE when the NYSE staff filed a Form 25 Notification of Delisting."}