Company: HFFG
Filing Date: 2025-04-07
Form Type: S-3/A
Source: 0001628280-25-016967
Chunk: 10

Company: HF Foods Group Inc.
Filing Date: 2025-04-07
Form: S-3/A
Chunk 10
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 to differ materially from our expectations, or cautionary statements, include without limitation:

• Low margins in the foodservice distribution industry and periods of significant or prolonged inflation or deflation;

• Qualified labor shortages;

• Unfavorable macroeconomic conditions in the United States;

• Competition in the foodservice distribution industry particularly the entry of new competitors into the Chinese/Asian restaurant supply market niche;

• Increases in fuel costs;

• Disruption of relationships with vendors and increases in product prices;

• Dependency on the timely delivery of products from vendors, particularly the prolonged diminution of global supply chains;

• The effects of the COVID-19 pandemic or other pandemics;

• The steps taken by the governments where our suppliers are located, including the People’s Republic of China, to address the COVID-19 pandemic or other pandemics;

• Disruption of relationships with or loss of customers;

• Changes in consumer eating and dining out habits;

• Related party transactions and possible conflicts of interests;

• Related parties and variable interest entities consolidation;

• Failure to protect our intellectual property rights;

• Our ability to renew or replace our current warehouse leases on favorable terms, or terminations prior to expiration of stated terms;

• Failure to retain our senior management and other key personnel, particularly our CEO, President and COO, CFO and General Counsel and CCO;

• Our ability to attract, train and retain employees;

• Changes in and enforcement of immigration laws;

• Failure to comply with various federal, state and local rules and regulations regarding food safety, sanitation, transportation, minimum wage, overtime and other health and safety laws;

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• Product recalls, voluntary recalls or withdrawals if any of the products we distribute are alleged to have caused illness, been mislabeled, misbranded or adulterated or to otherwise have violated applicable government regulations;

• Costs to comply with environmental laws and regulations;

• Litigation, regulatory investigations and potential enforcement actions;

• Increases in commodity prices;

• U.S. government tariffs on products imported into the United States, particularly from China;

• Severe weather, natural disasters and adverse climate change;

• Unfavorable geopolitical conditions;

• Any cyber security incident, other technology disruption or delay in implementing our information technology systems;

• Current indebtedness affecting our liquidity and ability of future financing;

• Failure to acquire other distributors or wholesalers and enlarge our customer base;

• Scarcity of and competition for acquisition opportunities;

• Our ability to obtain acquisition financing;

• The impact of non-cash charges relating to the amort