Company: JWEL
Filing Date: 2025-05-09
Form Type: 20-F
Source: 0001213900-25-041556
Chunk: 43

Company: Jowell Global Ltd.
Filing Date: 2025-05-09
Form: 20-F
Item: Item 4
Chunk 43
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 unqualified or defective, it shall not only compensate the consumer for the loss, but
also pay the additional damages equals to three times the price of the goods or services.

In January 2017, the State Administration for
Industry and Commerce issued the “ Interim Measures for the Reimbursement of Online Purchase Products within 7 Days”, which
was implemented since March 2017 and revised in October 2020, further clarifying the scope of rights for consumers to return without reason,
including exceptions and return procedures. And online trading; platform operators are responsible for formulating seven-day unreasonable
return rules and related consumer protection systems, and supervising merchants to comply with these rules.

Because we sell food products on our online shopping
mall platform, these food safety laws and regulations are applicable to us.

Regulations Relating to Online Advertising

Internet advertising management

In April 2015, the National People’s Congress
enacted the “ Advertising Law of the People’s Republic of China” or the “ Advertising Law”, which was implemented
in September 2015 and revised in October 2018 and April 2021. The Advertising Law regulates the commercial advertising activities of the
People’s Republic of China and stipulates the obligations of advertisers, advertising operators, advertising publishers and advertising
spokespersons. It prohibits any advertisements from obscenity, pornography, gambling, superstition, obscenity, obscenity, etc. Content
or violence related content.

If the advertiser violates the provisions of the
advertising content, he shall order it to stop publishing and impose a fine of not less than RMB 200,000; if the circumstances are serious,
the business license may be revoked and may be banned by the relevant departments. The advertisement review approval document can be revoked
and the advertiser’s application will not be accepted within one year. In addition, the advertising operators and advertising publishers
who violate the regulations shall be fined between RMB 200,000 and RMB 2 million to collect advertising fees; if the circumstances are
serious, the “ Advertising Operator Business License” or “ Advertising Business Permit” shall be revoked. Authorized
publishers may be revoked.

In July 2016, the State Administration for Industry
and Commerce passed the Interim Measures for the Administration of Internet Advertising or the Measures for the Administration of Internet
Advertising, which came into effect in September 2016. According to the “ Internet Advertising Management Measures”, Internet
advertisers are responsible for the authenticity of advertising content, and all online