Company: WCT
Filing Date: 2025-05-16
Form Type: 20-F
Source: 0001213900-25-044576
Chunk: 12

Company: Wellchange Holdings Co Ltd
Filing Date: 2025-05-16
Form: 20-F
Item: Item 4
Chunk 12
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 company or product.

Continue to innovate, develop new technical
capabilities and software solutions, and expand our proprietary ERP software ecosystem.

We will continue to adapt and deliver innovative
solutions, software, software delivery model, and features to the market and provide enhanced functionality to our existing products and
platform. We have invested and intend to continue to invest in our software technology and platform. Our ability to incorporate innovations
that improve our solutions is critical to ensure that the SMBs we support have the necessary capabilities to incorporate cutting-edge
technologies. To keep our competitive edge, we continuously conduct new research and development of new programs and modules to keep abreast
of the latest developments in technologies and cater to ever-changing customer needs, such as membership mobile module, shopping cart
website module, and POS module. We also plan to invest in developing new solutions and applications for anticipated high-growth, vertical
industry markets.

Attract, develop, train, and retain highly
skilled professionals.

We believe our success greatly depends on our
ability to attract, incentivize, and retain talented professionals. To sustain our growth, we plan to continue to add to our teams, including
technical, sales & marketing, and customer service members. Once employed, we provide our employees with a comprehensive training
program to understand our technologies, market, and product offerings. We plan to implement a series of initiatives to attract additional
and retain mid- to high-level personnel, including formulating a market-oriented employee compensation structure and implementing
a standardized multi-level performance review mechanism.

Expand our business through acquisitions,
strategic partnerships, and joint ventures.

We intend to establish our relationships with
other information technology companies, which will enable us to deepen our technology capabilities, target new customers, and drive meaningful
growth, as a preferred partner for SMBs digital transformation. We are planning to increase our presence in Asia, particularly in Singapore
and Australia, and intend to further promote our SaaS digital business management system and our white label software business. We intend
to use a portion of the proceeds from this offering to acquire or partner with businesses similar or complementary to our current business,
including opportunities that further promote our brand, expand service and product offerings, strengthen our technology infrastructure
and capabilities, or expand our geographic reach. As of the date of this annual report, we have not identified or engaged in any material
discussions regarding any potential target. We will continue to engage and expand our network of partners where we can build mutually
beneficial relationships, collaborating on high-value digital