Company: LICN
Filing Date: 2025-01-29
Form Type: 424B5
Source: 0001213900-25-007741
Chunk: 87

Company: Lichen International Ltd
Filing Date: 2025-01-29
Form: 424B5
Chunk 87
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 Financial Intelligence Analysis System V1.0, in 2017 and have commercialized
it for sale to our corporate customers since 2019.

With respect to our Lichen Education Accounting
Practice System V1.0, a financial and taxation training system that was developed in 2014, it is focused on students’ or users’
practice experience by resembling, illustrating and providing practices on various accounting tasks, such as bookkeeping, tax computation,
filing tax returns and issuing valued-added tax invoices in actual business practices. Thereafter, we updated and developed some new training
systems based on Lichen Education Accounting Practice System V1.0. Lichen Education has eight copyrights for financial and taxation training
software to date.

As of the date of this prospectus, we have not experienced any product recalls, liability claims or material complaints on our software products.

After Sales Services

Our customers who engage us for our financial
and taxation related consultation services may attend courses provided by our Partnered Institutions. Continuous training can enhance
the financial and taxation concepts of our customers and ensure the continuous implementation of the financial and taxation solutions
we provided to them. We also provide general customer care by responding to customer queries as they arise, in order to resolve their
problems on a timely basis.

From time to time, the Partnered Institutions
will also host talks and seminars, conducted by our experienced senior management personnel, internal consultants or external experts,
to which our customers are invited. As for our Partnered Institutions, we provide continuous support to them, including operational and
technical support in school management and operation and trainings to Partnered Institutions’ staff and employees to enhance their
teaching quality. With respect to our software products, we offer software installation, training and after sales technical and maintenance
services, such as telephone, instant communication and remote support services, within one year of purchase for our financial and taxation
training software and financial and taxation analysis software.

Sales and Marketing

We believe brand recognition of “Lichen”
is critical to our ability to attract new customers and retain business collaboration and relationship with our existing clientele, and
our promotion and marketing efforts are designed to enhance our brand awareness and reputations among them. Generally, we attract new
customers with referrals from our Partnered Institutions and personal and business networks of our executives and directors.

In addition, we organize
marketing activities, such as seminars, talks and consultation events with our Partnered Institutions, business federations and business
associations, leveraging our accumulated resources and connections.