Company: WCT
Filing Date: 2025-12-05
Form Type: 424B3
Source: 0001213900-25-118563
Chunk: 41

Company: Wellchange Holdings Co Ltd
Filing Date: 2025-12-05
Form: 424B3
Chunk 41
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 in Annex III
of the Basic Law (which shall be confined to laws relating to defense and foreign affairs as well as other matters outside the autonomy
of Hong Kong). Whilst the National People’s Congress of the PRC, or the NPC, has the power to amend the Basic Law, the Basic
Law also expressly provides that no amendment to the Basic Law shall contravene the established basic policies of the PRC regarding Hong Kong.
As a result, national laws of the PRC not listed in Annex III of the Basic Law, including rules and regulations established by the
China Securities Regulatory Commission (the “CSRC”) do not apply to our businesses in Hong Kong. Therefore, we are not
currently required to obtain permission from the PRC government to continue to list on a U.S. securities exchange and consummate
this Offering. However, there is no guarantee that this will continue to be the case in the future in relation to the continued listing
of our securities on a securities exchange outside of the PRC, or even when such permission is obtained, it will not be subsequently denied
or rescinded.

The PRC government may intervene or influence
our operations or may exert control over offerings conducted overseas and foreign investment in Hong Kong-based issuers, which may
result in a material change in our operations and/or the value of our Class A Ordinary Shares. For example, there is currently no restriction
or limitation under the laws of Hong Kong on the conversion of HK dollar into foreign currencies and the transfer of currencies out
of Hong Kong and the laws and regulations of the PRC on currency conversion control do not currently have any material impact on
the transfer of cash between the ultimate holding company and the Operating Subsidiary in Hong Kong. However, the Chinese government
may, in the future, impose restrictions or limitations on our ability to move money out of Hong Kong to distribute earnings and pay
dividends to and from the other entities within our organization or to reinvest in our business outside of Hong Kong. Such restrictions
and limitations, if imposed in the future, may delay or hinder the expansion of our business to outside of Hong Kong and may affect
our ability to receive funds from our Operating Subsidiary in Hong Kong. The promulgation of new laws or regulations, or the new
interpretation of existing laws and regulations, in each case, that restrict or otherwise unfavorably impact the ability or way we conduct
our business, could require us to change certain aspects of our business to ensure