Company: TGE
Filing Date: 2025-12-03
Form Type: 424B3
Source: 0001213900-25-117807
Chunk: 115

Company: Generation Essentials Group
Filing Date: 2025-12-03
Form: 424B3
Chunk 115
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 order joint advertisements. We also leverage
our operation in the entertainment industry and offer additional advertising solutions from our media business to advertising customers
who desire to gain access to movie audience.

Seasonality

The hospitality industry
is subject to fluctuations in revenues due to seasonality. The periods during which our properties experience higher revenues vary from
property to property, depending principally upon their location, type of property and competitive mix within the specific location. Generally,
the third quarter, in which the summer holidays fall, accounts for a higher percentage of our annual revenues in the hotel operation,
hospitality and VIP services segment than the other quarters of the year. In addition, certain special events, such as large-scale exhibition,
concerts or sports events, may increase the demand for our hotels significantly as such special events may attract travelers into and
within the regions where we operate hotels. We do not observe any material seasonality with respect to the other business segments.

Intellectual Property

We own or have the right
to use to valuable intellectual property which include:

| ● | trademarks,                                                                
 including our magazines’ key brands and trade names, such as “L’Officiel”, 
 “,”                                                                        
 “,” “L’Officiel Hommes,” “L’Officiel                                       
 Art,” “L’Officiel Voyage,” “L’Officiel Art,” “L’Officiel                   
 Watches,” “,”                                                              
 “La Revue des Montres,” “The Art Newspaper,” “.”                           |

| ● | copyrights                                                                                        
 in certain printed and digital publication materials (current and archived), images, photographs, 
 videos, media clips, written materials, articles and commentary in the L’Officiel                 
 and The Art Newspaper magazines and stored in the digital libraries.                              |

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| ● | domain     
 names; and |

| ● | licenses                                                                                 
 of intellectual property rights, including rights to many of the photos appearing in our 
 print and digital publications, third-party content appearing in the L’Officiel          
 and The Art Newspaper magazines and stored in the digital libraries.                     |

Our intellectual property
assets are, collectively, among our most valuable assets and are critical to our continued success and our competitive position. To protect
our intellectual property assets, we rely on a combination of intellectual property rights, such as trademarks, copyrights and trade
secrets (including know-how), in addition to internal policies, employee and third-party nondisclosure agreements, intellectual property
licenses and other contractual rights. Specifically, we