{"entity":{"id":"5fe6309f-37f2-5401-b08a-45bb7ed1fca4","name":"XIAO Baiming","type":"Organization","kind":"company","jurisdiction":"CN","identifier":"icij:icijol-73990","risk":"LOW","flags":[]},"identity":{"linked_records":[],"also_known_in":[]},"ownership":{"direct_owners":[],"holdings":[{"role":"director of","share":null,"asset":{"id":"3d07ebd7-f39a-5939-8866-124bbc2c2cd1","name":"EXCEL MARKER INTERNATIONAL LIMITED","type":"Company","kind":"company"}},{"role":"shareholder of","share":null,"asset":{"id":"3d07ebd7-f39a-5939-8866-124bbc2c2cd1","name":"EXCEL MARKER INTERNATIONAL LIMITED","type":"Company","kind":"company"}}],"ubo_chain":[]},"risk":{"level":"LOW","flags":[],"note":"Risk is a layer-1 signal (offshore-layering / connectivity heuristics) — an investigative lead, not a determination."},"sources":[{"registry":"icij_offshoreleaks","source_url":"https://offshoreleaks.icij.org/nodes/73990"}],"source":"corpus"}