Company: YIBO
Filing Date: 2025-06-03
Form Type: F-3
Source: 0001213900-25-050771
Chunk: 18

Company: Planet Image International Ltd
Filing Date: 2025-06-03
Form: F-3
Chunk 18
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 the PRC” in the 2024 Annual Report) We face risks and uncertainties related to doing business in the PRC in general, including, but not limited to, the following:

| ● | adverse changes in economic, political and social conditions of the PRC government could have a material adverse effect on the overall economic growth of China, which could adversely affect our business (see the risk factor beginning on page 23 of the 2024 Annual Report);                                                                                                                                                                    |
| ● | changes to the PRC legal system could have an adverse effect on us (see the risk factor beginning on page 23 of the 2024 Annual Report);                                                                                                                                                                                                                                                                                                            |
| ● | the Chinese government exerts substantial influence over the manner in which the PRC subsidiaries must conduct their business activities and may intervene or influence their operations at any time, which could result in a material change in their operations and the value of our Class A Ordinary Shares (see the risk factor beginning on page 23 of the 2024 Annual Report);                                                                |
| ● | we may rely on dividends and other distributions on equity paid by our Mainland PRC subsidiaries to fund any cash and financing requirements we may have, and any limitation on the ability of our Mainland PRC subsidiaries to make payments to us and any tax we are required to pay could have a material and adverse effect on our ability to conduct our business (see the risk factor beginning on page 25 of the 2024 Annual Report);        |
| ● | PRC regulations of loans and direct investment by offshore holding companies to Mainland PRC entities may delay or prevent us from using the proceeds of our offshore financing to make loans or additional capital contributions to our Mainland PRC subsidiaries, which could materially and adversely affect our liquidity and our ability to fund and expand our business (see the risk factor beginning on page 26 of the 2024 Annual Report); |
| ● | if we are classified as a Mainland PRC resident enterprise for Mainland PRC income tax purposes, such classification could result in unfavorable tax consequences to us and our non-Mainland PRC shareholders (see the risk factor beginning on page 30 of the 2024 Annual Report);                                                                                                                                                                 |

| ● | we may be subject to uncertainty about any changes in the economic, political and legal environment in Hong Kong, and it is possible that most of the legal and operational risks associated with operating in Mainland PRC may also apply to operations in Hong Kong in the future (see the risk factor beginning on