Company: YIBO
Filing Date: 2025-06-03
Form Type: F-3
Source: 0001213900-25-050771
Chunk: 20

Company: Planet Image International Ltd
Filing Date: 2025-06-03
Form: F-3
Chunk 20
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| ● | the business of the operating subsidiaries relies significantly on export sales which may be adversely affected by present or future export regulations or enforcement (see the risk factor beginning on page 12 of the 2024 Annual Report); and |

| ● | the operating subsidiaries may fail to maintain an effective quality control system and may be subject to claims by their customers in respect of product quality and compliance with relevant health and safety standards (see the risk factor beginning on page 15 of the 2024 Annual Report). |

Risks Relating to Our Class A Ordinary Shares and the Trading Market (for a more detailed discussion, see “Item 3. Key Information—D. Risk Factors—Risks Relating to Our Class A Ordinary Shares and the Trading Market” in the 2024 Annual Report) In addition to the risks described above, we are subject to general risks and uncertainties related to our Class A Ordinary Shares and the trading market, including, but not limited to, the following:

| ● | the trading price of our Class A Ordinary Shares is likely to be volatile, which could result in substantial losses to investors (see the risk factor beginning on page 32 of the 2024 Annual Report); |

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| ● | substantial future sales or perceived potential sales of our Class A Ordinary Shares in the public market could cause the price of our Class A Ordinary Shares to decline (see the risk factor beginning on page 35 of the 2024 Annual Report);                                                                                                                                                                                            |
| ● | if we fail to establish and maintain proper internal financial reporting controls, our ability to produce accurate financial statements or comply with applicable regulations could be impaired (see the risk factor beginning on page 37 of the 2024 Annual Report); and                                                                                                                                                                  |
| ● | as a company incorporated in the Cayman Islands, we are permitted to adopt certain home country practices in relation to corporate governance matters that differ significantly from the Nasdaq listing standards. These practices may afford less protection to shareholders than they would enjoy if we complied fully with corporate governance listing standards (see the risk factor beginning on page 37 of the 2024 Annual Report). |

Permissions Required from PRC Authorities We and our subsidiaries are required to obtain the following requisite licenses and approvals for our operations in Mainland China:

| Company Name          |                                           | Scope of Business                                                                                                                       
 Operation                                                                                                                               |                                               | Governmental Permission                       
 Required                                      |           | Status    |
| Jiangxi Yibo          |                                           | (i) production, processing and