Company: NIVFW
Filing Date: 2025-03-07
Form Type: F-1
Source: 0001213900-25-021404
Chunk: 56

Company: NewGenIvf Group Ltd
Filing Date: 2025-03-07
Form: F-1
Chunk 56
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8.4% for the year 2021. In the second quarter of 2023, China’s GDP grew only 0.8% on a quarter basis, a significant slowdown from the 2.2% quarter growth registered in the first quarter of 2023. A prolonged downturn in the PRC economy generally could materially and adversely affect NewGenIvf’s results of operations. Factors that may adversely affect the economy and conditions in such countries include:

| ● | political instability (e.g., Thailand’s national election in 
 May 2023);                                                   |

| ● | global economic conditions; |

| ● | exchange rate fluctuations and the exchange control policy of the banks; |

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| ● | a prolonged period of inflation or increase in regional interest rates; |

| ● | changes in taxation; |

| ● | changes in government policies affecting import and export volumes; |

| ● | decline in tourism; |

| ● | natural disasters, including tsunamis, earthquakes, fires, floods, 
 drought and similar events;                                        |

| ● | a potential recurrence or outbreak of avian influenza, severe acute                                                                    
 respiratory syndrome or other infectious or contagious diseases like COVID-19 in Asian countries, and governmental policies to address 
 such outbreak;                                                                                                                         |

| ● | scarcity of credit or other financing, resulting in lower demand for 
 products and services provided by companies in the region;           |

| ● | increases in oil prices and other commodity prices; |

| ● | decreased consumer confidence; |

| ● | other external recessions or potential economic downturns in the United States, 
 Asia or other parts of the world; and                                           |

| ● | other regulatory, political or economic developments in or affecting 
 the countries.                                                       |

The economic conditions in Thailand, Cambodia, Kyrgyzstan and China are also affected by global economic conditions. The global credit markets have experienced, and may continue to experience, volatility and liquidity disruptions, which have resulted in the consolidation, failure or near failure of a number of institutions in the banking and insurance industries. There remains a concern that a return of the debt crisis in Europe, the political unrest in the Middle East and Eastern Europe as well as rumors or threats or actual terrorist attacks or conflicts in the Middle East, Southeast Asia, Eastern Europe or other regions will impinge upon the health of the global financial system. These or other such events could adversely affect NewGenIvf’s business, financial condition, results of operations and prospects. There is no assurance that the economies and social