Company: WCT
Filing Date: 2025-12-02
Form Type: F-1
Source: 0001213900-25-116978
Chunk: 41

Company: Wellchange Holdings Co Ltd
Filing Date: 2025-12-02
Form: F-1
Chunk 41
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 and discretion over the operation of our Operating Subsidiary
in the future, and it will not have a material adverse impact on our business, financial condition and results of operations, due to changes
in laws, political arrangement, or other unforeseeable reasons.

In the event that our Hong Kong Operating
Subsidiary is to become subject to the laws and regulations of Mainland China, the legal and operational risks associated with Mainland
China may also apply to our operations in Hong Kong, and we face the risks and uncertainties associated with the legal system in
the Mainland China, complex and evolving PRC laws and regulation, and as to whether and how the recent PRC government statements and regulatory
developments, such as those relating to data and cyberspace security and anti-monopoly concerns, would be applicable to companies like
our Operating Subsidiary and us, given the substantial operations of our Operating Subsidiary in Hong Kong and the Chinese government
may exercise significant oversight over the conduct of business in Hong Kong.

The laws and regulations in Mainland China are
evolving, and their enactment timetable, interpretation, enforcement, and implementation involve significant uncertainties and may change
quickly with little advance notice, along with the risk that the PRC government may intervene or influence our Operating Subsidiary’s
operations at any time could result in a material change in our operations and/or the value of our securities. Moreover, there may be
substantial uncertainties regarding the interpretation and application of PRC laws and regulations, including but not limited to the laws
and regulations related to our business and the enforcement and performance of our arrangements with customers in certain circumstances.
The laws and regulations are sometimes vague and may be subject to future changes, and their official interpretation and enforcement may
involve substantial uncertainty. The effectiveness and interpretation of newly enacted laws or regulations, including amendments to existing
laws and regulations, may be delayed, and our business may be affected if we rely on laws and regulations which are subsequently adopted
or interpreted in a manner different from our understanding of these laws and regulations. New laws and regulations that affect existing
and proposed future businesses may also be applied retroactively. We cannot predict what effect the interpretation of existing or new
PRC laws or regulations may have on our business.

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The laws, regulations, and other government directives
in Mainland China may also be costly to comply with, and such compliance or any associated inquiries or investigations or any other