Company: LDDD
Filing Date: 2025-09-26
Form Type: 10-K
Source: 0001213900-25-091988
Chunk: 22

Company: Longduoduo Co Ltd
Filing Date: 2025-09-26
Form: 10-K
Item: Item 1
Chunk 22
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 and retain qualified persons to serve on our board of directors, our board committees or as executive officers.

We
may have difficulty establishing adequate management, legal and financial controls in the PRC.

We
may have difficulty in hiring and retaining a sufficient number of qualified employees to serve as our management staff. As a result
of these factors, we may experience difficulty in establishing management, legal and financial controls, collecting financial data and
preparing financial statements, books of account and corporate records and instituting business practices that meet western standards.
Therefore, we may, in turn, experience difficulties in implementing and maintaining adequate internal controls as will be required under
Section 404 of the Sarbanes Oxley Act of 2002. 

16

Risks
Related to Doing Business in the PRC

Changes
in United States and China relations, as well as relations with other countries, and/or regulations may adversely impact our business,
our operating results, our ability to raise capital and the market price of our shares.

The
U.S. government, including the SEC, has made statements and taken certain actions that led to changes to United States and international
relations, and will impact companies with connections to the United States or China, including imposing several rounds of tariffs affecting
certain products manufactured in China, imposing certain sanctions and restrictions in relation to China and issuing statements indicating
enhanced review of companies with significant China-based operations. It is unknown whether and to what extent new legislation, executive
orders, tariffs, laws or regulations will be adopted, or the effect that any such actions would have on companies with significant connections
to the U.S. or to China, our industry or on us. Any unfavorable government policies on cross-border relations and/or international trade,
including increased scrutiny on companies with significant China-based operations, capital controls or tariffs, may affect our ability
to raise capital and the market price of our shares.

Furthermore,
the SEC has issued statements primarily focused on companies with significant China-based operations, such as us. For example, on July
30, 2021, Gary Gensler, Chairman of the SEC, issued a Statement on Investor Protection Related to Recent Developments in China, pursuant
to which Chairman Gensler stated that he has asked the SEC staff to engage in targeted additional reviews of filings for companies with
significant China-based operations. The statement also addressed risks inherent in companies with a Variable Interest Entity, or a VIE
structure. We do not have a VIE structure and are not in an industry