Company: SOS
Filing Date: 2025-03-14
Form Type: F-3
Source: 0001213900-25-024134
Chunk: 54

Company: SOS Ltd
Filing Date: 2025-03-14
Form: F-3
Chunk 54
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 can be no assurance that we will obtain
the clearance or approval for these applications from the Cybersecurity Review Office and the relevant regulatory authorities in a timely
manner, or at all. If we are found to be in violation of cybersecurity requirements of the PRC, the relevant governmental authorities
may conduct investigations, levy fines, or require us to change our business practices in a manner materially adverse to our business.
Any of these actions may disrupt our operations and adversely affect our business, results of operations and financial condition. Currently,
the cybersecurity laws and regulations in force have not directly affected our business and operations, but in anticipation of the strengthened
implementation of cybersecurity laws and regulations and the expansion of our business, we face potential risks if we are deemed as a
CIIO under the Cybersecurity Law. In such case, we must fulfill certain obligations as required under the Cybersecurity Law and other
applicable laws, including, among others, storing personal information and important data collected and produced within the PRC territory
during our operations in mainland China, which we are already doing in our business, and we may be subject to review when purchasing internet
products and services. As the Measures for Cybersecurity Review took effect in February 2022, we may be subject to review when conducting
data processing activities, and may face challenges in addressing its requirements and make necessary changes to our internal policies
and practices in data processing. As of the date of this prospectus, we have not been involved in any investigations on cybersecurity
review made by the CAC on such basis, and we have not received any inquiry, notice, warning, or sanctions in such respect. Based on the
foregoing, we and our PRC legal counsel do not expect that, as of the date of this prospectus, the applicable PRC laws on cybersecurity
currently in effect would have a material adverse impact on our business.

Complying with these obligations concerning
data protection and cybersecurity could cause us to incur substantial costs. As the interpretation and application of cybersecurity laws,
regulations and standards of the PRC are still uncertain and evolving, we may be required to make further adjustments to our and the VIEs’
business practices to comply with the enacted form of the laws, which may increase our compliance cost and adversely affect our business
performance. We expect that there will continue to be new proposed laws, rules of self-regulatory bodies, regulations and industry standards
concerning privacy, data protection and information security in the PRC, and we cannot yet