Company: IDVV
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001683168-25-006029
Chunk: 24

Company: ModuLink Inc.
Filing Date: 2025-08-13
Form: 10-Q
Item: Part I, Item 1
Chunk 24
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 range of housing developments, with a shared focus on quality, speed, and sustainability. We will lead
project planning and modular design. HUME will supply off-site prefabricated MiC using building materials according to the design requirement
of IDVV and in compliance with the local building codes. The collaboration brings together Modulink’s expertise in modular construction
and Hume Plasterboard’s industry leadership, aiming to deliver faster, greener, and smarter solutions for future building projects.

In addition to these core
manufactured components, we also source various auxiliary materials and technologies from local suppliers in the regions where projects
are developed. This hybrid sourcing strategy allows us to optimize cost efficiencies, reduce logistical complexity, and support regional
economies.

To mitigate geopolitical,
regulatory, and operational risks, we are actively exploring opportunities to identify and engage qualified manufacturing partners outside
of mainland China. Our intention is to diversify our supply chain by establishing relationships with suppliers in jurisdictions that offer
competitive cost structures, manufacturing capabilities, and regulatory stability. This strategic initiative is designed to enhance our
supply chain resilience while maintaining the quality and performance standards required for our proprietary technologies.

 2 

To mitigate geopolitical,
regulatory, and operational risks, we are actively exploring opportunities to identify and engage qualified manufacturing partners outside
of mainland China. Our intention is to diversify our supply chain by establishing relationships with suppliers in jurisdictions that offer
competitive cost structures, manufacturing capabilities, and regulatory stability. This strategic initiative is designed to enhance our
supply chain resilience while maintaining the quality and performance standards required for our proprietary technologies.

Because we are dependent on
third party manufacturers to support certain aspects of our business activities, any interruption in the provision of products by these
third parties whether due to supply chain disruptions, regulatory restrictions, or geopolitical developments may impair our ability to
deliver properties to our clients in a timely or cost-effective manner. Please see “Risk Factors - We rely on third-party manufacturers
and partners for certain aspects of our operations, and any interruptions in the provision of products provided by these third parties
may impair our ability to deliver properties to our clients.” Set forth in the Registration Statement.

Our sources of capital in
the past have included the sale of equity securities, which include common stock sold in private transactions to our executive officers
or existing shareholders, and short-term and long-term debts. We expect to finance future acquisitions through a combination of the foregoing.
While we believe that existing shareholders and our officers and directors will continue to provide additional cash to make