Company: EZOO
Filing Date: 2025-05-15
Form Type: 10-K
Source: 0001641172-25-010460
Chunk: 561

Company: Ezagoo Ltd
Filing Date: 2025-05-15
Form: 10-K
Item: Item 1A
Chunk 561
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 to our operations.

Risks
Related to our Business

We
rely entirely on the operations of Beijing Ezagoo Zhicheng Internet Technology Limited (“BEZL”). Any successes or failures
of BEZL will directly impact our financial condition and may cause your investment to be either positively or negatively impacted.

At
present, we share the same business plan as, and rely entirely upon, Beijing Ezagoo Zhicheng Internet Technology Limited (“BEZL”).
Any successes or failures of BEZL will directly impact our financial condition and may cause your investment to be either positively
or negatively impacted. BEZL is considered a variable interest entity through which we operate exclusively at this time and we have been
deemed to currently be a direct beneficiary of BEZL. As such, in the event that the business of operations of BEZL were to fail, then
our own business would, in turn, fail as well. We would be forced to either drastically alter our business strategy, or we would likely
cease operations entirely, which could result in the whole or partial loss of any investments made in the Company.

Competition
from both large, established industry participants and new market entrants may negatively affect our current and future results of operations.

We
face vigorous competition from companies throughout the world and in China specifically, including large multinational advertising companies.
Some established competitors have greater resources and better accessibility than us, therefore they are able to adapt quicker to changes
in customer requirements and reach customers easier from all over the globe. If we are unable to continue to compete effectively, it
could have an adverse impact on our business, results of operations and financial condition.

If
we do not manage our growth effectively, the quality of our solution or our relationships with our customers may suffer, and our operating
results may be negatively affected.

We
rely heavily on information technology, or IT, systems to manage critical functions such as advertising & e-commerce campaign management
and operations, data storage and retrieval, revenue recognition, budgeting, forecasting, financial reporting and other administrative
functions. To manage our growth effectively, we must continue to improve and expand our infrastructure, including our IT, financial and
administrative systems and controls. We must also continue to manage our employees, operations, finances, research and development and
capital investments efficiently. Our productivity and the quality of our solution may be adversely affected if we do not integrate and
train our new employees, particularly our sales and account management personnel, quickly and effectively