Company: LDDD
Filing Date: 2025-09-26
Form Type: 10-K
Source: 0001213900-25-091988
Chunk: 42

Company: Longduoduo Co Ltd
Filing Date: 2025-09-26
Form: 10-K
Item: Item 1
Chunk 42
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 may be subject to restrictions on their ability
to make distributions to us, including as a result of restrictions on the conversion of local currency into U.S. dollars or other hard
currency and other regulatory restrictions.

Our
insiders own the majority of the outstanding shares of our stock, and accordingly, will have control over stockholder matters, the Company’s
business and management.

One
shareholder, Zhang Liang, owns, in aggregate, common stock representing 51.30% of the outstanding shares of our common stock. While he
continues to hold the majority of the voting power in our Company, he will have effective control over the Company. In particular, he
will have the ability to:

●Elect
or defeat the election of our directors;

●Prevent
amendment of our articles of incorporation or bylaws;

●Prevent
a merger, sale of assets or other corporate transaction; and

●Affect
the outcome of any other matter submitted to the shareholders for vote.

Moreover,
because of the significant ownership position held by our insiders, new investors will not be able to affect a change in the Company’s
business or management, and therefore, shareholders would be subject to decisions made by management and the majority shareholder.

In
addition, sales of significant amounts of shares held by our directors and executive officers, or the prospect of these sales, could
adversely affect the market price of our common stock. Management’s stock ownership may discourage a potential acquirer from making
a tender offer or otherwise attempting to obtain control of us, which in turn could reduce our stock price or prevent our shareholders
from realizing a premium over our stock price.

28

Item
1B. Unresolved Staff Comments

Not
applicable.

Item 1C. Cybersecurity

We have established certain processes for identifying,
evaluating, and managing material risks from cybersecurity threats as a part of our overall technology management strategy. These processes
are designed and reassessed on a periodic basis to help protect our technology assets and operations from internal and external security
threats.

The Company’s employees are required to
sign confidentiality agreements in an effort to, among other things, help to ensure cybersecurity. The Company has taken measures to better
ensure that key employees are aware of data security threats (including cybersecurity threats), and Company security policies and procedures,
as appropriate. Improper or illegitimate use of the Company’s information system resources or violation of the Company’s information
security policies and procedures may result in disciplinary action.

In