Company: LHI
Filing Date: 2025-02-14
Form Type: DRS/A
Source: 0001213900-25-014190
Chunk: 148

Company: Living Homeopathy International Ltd.
Filing Date: 2025-02-14
Form: DRS/A
Chunk 148
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 suppliers benefits us with continuity of product supply, reduces our business negotiation costs with new suppliers, and avoids distraction to our managerial resources.

Experienced nutritional therapy practitioners and senior management

As of September 30, 2024, among members of
our mentor-mentee program, 636 practitioners, including both our employees and non-employee participants of the mentor-mentee program,
are holders of the Homeopathy First Aid Certificate issued by the School of Homeopathy to individuals who have completed the Homeopathy
First Aid courses to be able to ease certain first aid symptoms. Under Hong Kong law, there are no specific regulations or licensing
requirements with respect to the practice of homeopathy. However, we require homeopathic practitioners to complete certain required courses
and/or obtain certain required certificates to practice homeopathy to ensure our service quality. For example, our homeopathic practitioners
either (i) hold the Homeopathy Practitioner Advanced Diploma issued by the School of Homeopathy, established in 1981 and one of the oldest
homeopathy schools in the UK, or (ii) have completed the nutritional therapy course with the School of Health. As of September 30, 2024,
among the 636 holders of the Homeopathy First Aid Certificates, there were 71 nutritional therapy practitioners. The School of Homeopathy
is not a regulatory body of any jurisdiction.

As of September 30, 2024, all 71 nutritional
therapy practitioners within our mentor-mentee program were also holders of full membership certificates issued by the FNTP, a professional
organization for practitioners of Nutritional Therapy in the Europe and 67 of them were also holders of Classic Flower Remedies Therapist
Diploma issued by the School of Health, established in 1987 and one of the longest running alternative medicine schools in the UK. Although
obtaining FNTP full membership certificates and/or Classic Flower Remedies Therapist Diploma are not legally required for homeopathy
practicing, we believe they are complementary to homeopathy practice by demonstrating practitioners’ relevant knowledge and skills.
Other than our employees with whom we have entered into employment agreements, we do not enter into agreements with these practitioners
who are not our employees. Neither the School of Health nor FNTP is a regulatory body of any jurisdiction.

Our Chief Executive Officer and Chairman of
the Board of Directors, Mr. Ka Lun To, has been authorized by the School of Homeopathy to teach the relevant courses and conduct examinations
for certain certificates and diplomas in Hong Kong, such