Company: WCT
Filing Date: 2025-12-05
Form Type: 424B3
Source: 0001213900-25-118563
Chunk: 69

Company: Wellchange Holdings Co Ltd
Filing Date: 2025-12-05
Form: 424B3
Chunk 69
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 in the future, be the target of similar
litigation. Securities litigation could result in substantial costs and liabilities and could divert management’s attention and
resources.

We rely on dividends and other distributions on equity paid by our subsidiaries to fund any cash and financing requirements we may have. In the future, funds may not be available to fund operations or for other uses outside of Hong Kong, due to interventions in, or the imposition of restrictions and limitations on, our ability or our HK subsidiary by the PRC government to transfer cash. Any limitation on the ability of our subsidiaries to make payments to us could have a material adverse effect on our ability to conduct our business and might materially decrease the value of Class A Ordinary Shares or cause them to be worthless.

Wellchange Cayman is a holding company, and we
rely on dividends and other distributions on equity paid by our subsidiaries for our cash and financing requirements, including the funds
necessary to pay dividends and other cash distributions to our shareholders and to service any debt we may incur. We do not expect to
pay cash dividends in the foreseeable future. We anticipate that we will retain any earnings to support operations and finance the growth
and development of our business. If any of our subsidiaries incur debt on its own behalf in the future, the instruments governing the
debt may restrict its ability to pay dividends or make other distributions to us.

According to the BVI Business Companies Act 2004
(As Revised), a BVI company may make dividends distribution to the extent that immediately after the distribution, the value of the company’s
assets exceeds its liabilities and that such a company is able to pay its debts as they fall due. According to the Companies Ordinance
of Hong Kong, a Hong Kong company may only make a distribution out of profits available for distribution. Under the current practice of
the Inland Revenue Department of Hong Kong, no tax is payable in Hong Kong in respect to dividends paid by us. The PRC laws and regulations
do not currently have any material impact on transfers of cash from Wellchange Cayman to Wching HK or from Wching HK to Wellchange Cayman,
our shareholders and U.S. investors. However, the Chinese government may, in the future, impose restrictions or limitations on our ability
to transfer money out of Hong Kong, to distribute earnings and pay dividends to and from the other entities within our organization, or
to reinvest in our business outside of Hong Kong. Such restrictions and limitations, if imposed in the future, may delay or hinder