Company: EZOO
Filing Date: 2025-05-15
Form Type: 10-K
Source: 0001641172-25-010460
Chunk: 595

Company: Ezagoo Ltd
Filing Date: 2025-05-15
Form: 10-K
Item: Item 1A
Chunk 595
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RC laws. The U.S. regulators may consider cross-border
cooperation with securities regulatory authority of the PRC by way of judicial assistance, diplomatic channels or regulatory cooperation
mechanism established with the securities regulatory authority of the PRC. However, there can be no assurance that the U.S. regulators
could succeed in establishing such cross-border cooperation in a specific case or could establish the cooperation in a timely manner.
If U.S. regulators are unable to conduct such investigations, such U.S. regulators may determine to suspend and ultimately delist our
common stock from the Nasdaq Capital Market or choose to suspend or de-register our SEC registration.

18

Failure
to comply with laws and regulations applicable to our business in China could subject us to fines and penalties and could also cause
us to lose customers or otherwise harm our business.

Our
business is subject to regulation by various governmental agencies in China, including agencies responsible for monitoring and enforcing
compliance with various legal obligations, such as privacy and data protection-related laws and regulations, intellectual property laws,
employment and labor laws, workplace safety, environmental laws, consumer protection laws, governmental trade laws, import and export
controls, anti-corruption and anti-bribery laws, and tax laws and regulations. These laws and regulations impose added costs on our business.
Noncompliance with applicable regulations or requirements could subject us to:

    ●
    investigations,
    enforcement actions, and sanctions;

    ●
    mandatory
    changes to our supply chain system and products;

    ●
    disgorgement
    of profits, fines, and damages;

    ●
    civil
    and criminal penalties or injunctions;

    ●
    claims
    for damages by our customers or partners;

    ●
    termination
    of contracts;

    ●
    loss
    of intellectual property rights;

    ●
    failure
    to obtain, maintain or renew certain licenses, approvals, permits, registrations or filings

    ●
    necessary
    to conduct our operations; and

    ●
    temporary
    or permanent debarment from sales to public service organizations.

If
any governmental sanctions are imposed, or if we do not prevail in any possible civil or criminal litigation, our business, results of
operations, and financial condition could be adversely affected. In addition, responding to any action will likely result in a significant
diversion of our management’s attention and resources and an increase in professional fees. Enforcement actions and sanctions could
materially harm our business,