Company: LDDD
Filing Date: 2025-09-26
Form Type: 10-K
Source: 0001213900-25-091988
Chunk: 27

Company: Longduoduo Co Ltd
Filing Date: 2025-09-26
Form: 10-K
Item: Item 1
Chunk 27
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, our operations are principally
governed by PRC laws and regulations. However, since the PRC legal system continues to evolve rapidly, the interpretations of many laws,
regulations and rules are not always uniform and enforcement of these laws, regulations and rules involves uncertainties, which may limit
legal protections available to us. Uncertainties due to evolving laws and regulations could also impede the ability of a China-based
company, such as our company, to obtain or maintain permits or licenses required to conduct business in China. In the absence of required
permits or licenses, governmental authorities could impose material sanctions or penalties on us. In addition, some regulatory requirements
issued by certain PRC government authorities may not be consistently applied by other PRC government authorities (including local government
authorities), thus making strict compliance with all regulatory requirements impractical, or in some circumstances impossible. For example,
our PRC subsidiary may have to resort to administrative and court proceedings to enforce the legal protection that we enjoy either by
law or contract. However, since PRC administrative and court authorities have discretion in interpreting and implementing statutory and
contractual terms, it may be more difficult to predict the outcome of administrative and court proceedings and the level of legal protection
we enjoy than in more developed legal systems. Furthermore, the PRC legal system is based in part on government policies and internal
rules, some of which are not published on a timely basis or at all and may have retroactive effect. As a result, we may not be aware
of our violation of these policies and rules until sometime after the violation. Such uncertainties, including uncertainty over the scope
and effect of our contractual, property (including intellectual property) and procedural rights, could materially and adversely affect
our business and impede our ability to continue our operations.

Intellectual
property rights and confidentiality protections in China may also not be as effective as in the United States or other countries. In
addition, we cannot predict the effects of future developments in the PRC legal system on our business operations, including the promulgation
of new laws, or changes to existing laws or the interpretation or enforcement thereof. These uncertainties could limit the legal protections
available to us and our investors, including you. Moreover, any litigation in China may be protracted and result in substantial costs
and diversion of our resources and management attention. 

19

The
PRC government has significant oversight and discretion over the conduct of our business and may intervene or influence our operations
as the government