; or (ii) a chief at the bureau level (tingju ji zheng zhi) or higher. (H) Variable interest entity The term variable interest entity means an entity where an investor has a controlling interest that is not based on holding the majority of voting rights. . 3. Disclosures by exchange traded funds investing in Chinese companies Section 13 of the Securities Exchange Act of 1934 ( 15 U.S.C. 78m ), as amended by section 2, is further amended by adding at the end the following: (t) Disclosures by exchange traded funds investing in Chinese companies (1) In general Each exchange traded fund required to file an annual report under section 13(a) or 15(d) shall, if the fund invested in the securities of any PRC company during the reporting period, include in such report the following, with respect to each such PRC company: (A) Who owns the company, including whether the company is owned by the Government of the People’s Republic of China or a PRC state-controlled entity. (B) Whether the company operates a Communist Party of China branch or committee within the company’s corporate structure. (C) Whether the company has any contractual agreements with the Government of the People’s Republic of China or the Communist Party of China or any agency or instrumentality of either. (D) Whether the company has participated in the PRC’s industrial policies or has military or public security contracts. (E) Whether any funding, direction, or other forms of control over the company are exercised by the Government of the People’s Republic of China or the Communist Party of China. (F) Whether executive-level employees and board members of the company have immediate family members who are senior officials of the Communist Party of China or the Government of the People’s Republic of China or are themselves senior officials of the Communist Party of China or the Government of the People’s Republic of China. (G) Whether the company is part of (including by reason of being a branch or subsidiary) or tied to (through a series of contracts or