Company: FEBO
Filing Date: 2025-05-14
Form Type: 20-F
Source: 0001641172-25-010075
Chunk: 18

Company: Fenbo Holdings Ltd
Filing Date: 2025-05-14
Form: 20-F
Item: Item 3
Chunk 18
---
; (iii)
ensure our Company’s organizational structure supports cybersecurity goals; and (iv) incorporate cybersecurity expertise into Board
governance. See “ Item 16J. Cybersecurity.”

In addition, because we may utilize
a third-party contractor to provide these services to us, including cloud, software, data center and other critical technology, to collect
and maintain personal data on our shareholders, we rely heavily on the data security practices and policies adopted by these third-party
service providers. Our ability to monitor our third-party service providers’ data security is limited. A vulnerability in our or
our third-party service providers’ software or systems, a failure of our third-party service providers’ safeguards, policies
or procedures or a breach of a software or system could result in the compromise of the confidentiality, integrity or availability of
the data housed. We cannot guarantee that any cybersecurity incidents will not occur and adversely affect our shareholders. We and our
third-party service providers and partners may be unable to anticipate or prevent techniques used in the future to obtain unauthorized
access or to sabotage systems and we cannot guarantee that applicable recovery systems, security protocols, network protection mechanisms
and other procedures are or will be adequate to prevent network and service interruption, system failure or data loss. In addition, we
may also become liable in the event our or our third-party service providers are subject to security breaches, privacy breaches or other
cybersecurity threats. This could expose us to a risk of litigation, indemnity obligations and damages, cause us to incur significant
liability and financial loss and be subject to regulatory scrutiny, investigations, proceedings and fines and penalties, and require us
to expend significant capital and other resources to alleviate problems caused by any such cybersecurity attack or other security breach
or incident and to implement additional security measures.

We currently do not maintain cybersecurity
insurance, and in the event that we were to seek to obtain such insurance coverage, it may not be available on acceptable terms or may
not be available in sufficient amounts to cover one or more large claims in connection with cybersecurity liabilities. Insurers could
also deny coverage as to any future claim.

We may become subject to a variety of PRC laws
and other regulations regarding data security or securities offerings that are conducted overseas and/or other foreign investment in China-based
issuers, and any failure to comply with applicable laws and regulations could have a material and adverse effect on our business, financial
condition and results of operations and may hinder our ability to offer or continue to offer our Ordinary Shares