Company: YIBO
Filing Date: 2025-06-03
Form Type: F-3
Source: 0001213900-25-050771
Chunk: 28

Company: Planet Image International Ltd
Filing Date: 2025-06-03
Form: F-3
Chunk 28
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subject to applicable laws. We do not have any current plan to declare or pay any cash dividends on our Class A Ordinary Shares in the
foreseeable future. See “Item 3. Key Information—D. Risk Factors—Risks Relating to Our Class A Ordinary Shares and the Trading Market—We currently do not expect to pay dividends in the foreseeable future, and you must rely on price appreciation of our Class A ordinary shares for return on your investment” in the 2024 Annual Report.

U.S. investors will not be subject to Cayman Islands,
Mainland PRC, or Hong Kong taxation on dividend distributions, and no withholding will be required on the payment of dividends or distributions
to them, while they may be subject to U.S. federal income tax for receiving dividends, to the extent that the distribution is paid out
of our current or accumulated earnings and profits, as determined under U.S. federal income tax principles. See “Item 10. Additional Information—E. Taxation—Material U.S. Federal Income Tax Consequences” in the 2024 Annual Report.

From the Cayman Islands holding company to our Mainland PRC subsidiaries

Cash transfers from the Cayman Islands holding
company are subject to applicable Mainland PRC laws and regulations on loans and direct investment. We may transfer funds to our Mainland
PRC subsidiaries or finance our Mainland PRC subsidiaries by means of shareholders’ loans or capital contributions. Any loans to
our Mainland PRC subsidiaries, which are foreign-invested enterprises, cannot exceed a statutory limit, and shall be filed with the State
Administration of Foreign Exchange, or SAFE, or its local counterparts. Furthermore, any capital contributions we make to our Mainland
PRC subsidiaries shall be registered with the PRC State Administration for Market Regulation or its local counterparts and filed with
the Ministry of Commerce (“MOFCOM”) or its local counterparts. On March 30, 2015, SAFE promulgated the Circular on Reforming
the Administration Measures on Conversion of Foreign Exchange Registered Capital of Foreign-invested Enterprises, or SAFE Circular 19.
SAFE Circular 19, however, allows foreign invested enterprises in Mainland China to use their registered capital settled in RMB converted
from foreign currencies to make equity investments, but the registered capital of a foreign invested company settled in RMB converted
from foreign currencies remains not allowed to be used, among other things, for investment in the security markets, or offering entrustment
loans,