Company: YIBO
Filing Date: 2025-06-03
Form Type: F-3
Source: 0001213900-25-050771
Chunk: 54

Company: Planet Image International Ltd
Filing Date: 2025-06-03
Form: F-3
Chunk 54
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, among others, the plaintiff must have a direct interest in the case, and there must be a concrete
claim, a factual basis and a cause for the suit.

In addition, it will be difficult for U.S. shareholders
to originate actions against us in Mainland China in accordance with Mainland PRC laws because we are incorporated under the laws of the
Cayman Islands and it will be difficult for U.S. shareholders, by virtue only of holding our Class A Ordinary Shares, to establish a connection
to Mainland China for a Mainland PRC court to have jurisdiction as required under the PRC Civil Procedures Law.

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PART II

INFORMATION NOT REQUIRED IN PROSPECTUS</div>

Item 8. Indemnification of Directors and Officers

The Cayman Islands law does not limit the extent
to which a company’s memorandum and articles of association may provide for indemnification of officers and directors, except to
the extent any such provision may be held by the Cayman Islands courts to be contrary to public policy, such as providing indemnification
against civil fraud or the consequences of committing a crime.

Our second amended and restated Articles of Association
permit, to the fullest extent permissible under Cayman Islands law, indemnification of our directors (including any alternate director)
and officers, and their personal representatives, against all actions, proceedings, costs, charges, expenses, losses, damages, or liabilities
incurred or sustained by them, other than by reason of their own dishonesty, willful default, or fraud, in or about the conduct of our
Company’s business or affairs (including as a result of any mistake of judgment) or in the execution or discharge of their duties,
powers, authorities, or discretion as directors or officers of our Company, including, without prejudice to the generality of the foregoing,
any costs, expenses, losses, or liabilities incurred by them in defending (whether successfully or otherwise) any civil proceedings concerning
our Company or its affairs in any court whether in the Cayman Islands or elsewhere.

To the extent permitted by law, we may make a
payment, or agree to make a payment, whether by way of advance, loan, or otherwise, for any legal costs incurred by an existing secretary,
or any of our officers in respect of any matter identified in above on condition that the secretary, or officer must repay the amount
paid by us to the extent that it is ultimately found not liable to indemnify the secretary or that officer