Company: LDDD
Filing Date: 2025-09-26
Form Type: 10-K
Source: 0001213900-25-091988
Chunk: 32

Company: Longduoduo Co Ltd
Filing Date: 2025-09-26
Form: 10-K
Item: Item 1
Chunk 32
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 conduct investigations or evidence collection activities within the PRC and no entity or individual in China may
provide documents and information relating to securities business activities to overseas regulators without Chinese government approval.
The SEC, U.S. Department of Justice, and other U.S. authorities face substantial challenges in bringing and enforcing actions against
China-based issuers and their officers and directors. As a result, investors in our Company may not benefit from a regulatory environment
that fosters effective enforcement of U.S. federal securities laws.

According
to Article 177, there are uncertainties as to the procedures and requisite timing for the U.S. securities regulatory agencies
to conduct investigations and collect evidence within the territory of the PRC. If the U.S. securities regulatory
agencies are unable to conduct such investigations, there exists a risk that they may determine to suspend or de-register our registration
with the SEC and may also delist our securities from OTC Markets or other applicable trading market within the US.

Governmental
control of currency conversion may affect the value of your investment.

The
People’s Republic of China (PRC) government imposes controls on the convertibility of Renminbi (RMB) into foreign currencies and,
in certain cases, the remittance of currency out of the PRC. We receive substantially all of our revenues in RMB, which is currently
not a freely convertible currency. Shortages in the availability of foreign currency may restrict our ability to remit sufficient foreign
currency to pay dividends, or otherwise satisfy foreign currency dominated obligations. Under existing PRC foreign exchange regulations,
payments of current account items, including profit distributions, interest payments and expenditures in connection with a commercial
transaction, can be made in foreign currencies without prior approval from the PRC State Administration of Foreign Exchange by complying
with certain procedural requirements. However, approval from appropriate governmental authorities is required where RMB is to be converted
into foreign currency and remitted out of PRC to pay capital expenses such as the repayment of bank loans denominated in foreign currencies.

The
PRC government also may at its discretion restrict access in the future to foreign currencies for current account transactions. If the
foreign exchange control system prevents us from obtaining sufficient foreign currency to satisfy our currency demands, we may not be
able to pay certain of our expenses as they come due, finance our cash requirements, service debt or make dividend or other distributions
to our shareholders, all of which may adversely affect your investment.

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