Company: PAVS
Filing Date: 2025-08-04
Form Type: 20-F
Source: 0001929980-25-000590
Chunk: 71

Company: Paranovus Entertainment Technology Ltd.
Filing Date: 2025-08-04
Form: 20-F
Item: Item 4
Chunk 71
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 advantages are as follows:

Platform-Focused Operational Experience: BW focuses its operations on TikTok shops, allowing it to develop experience in content creation, campaign execution, and store management tailored to the platform’s features and user dynamics. This focus supports the performance of both its self-operated stores and the services it provides to third-party merchants.

Robust Influencer and Content Network: WooKoo maintains a wide network of influencers and creators. It partners with third-party professionals to pair brands with the right content partners to run live‑stream sales and short‑form video campaigns, boosting exposure and engagement.

End‑to‑ End Solutions: BW provides a range of support services to merchants looking to establish and operate TikTok Shops. Leveraging its platform expertise, BW helps brands and merchants navigate and grow within the rapidly evolving landscape of social and livestream commerce.

Regulations

BW is subject to a variety of domestic and foreign laws and regulations in the United States and abroad involving matters that are important to, or may otherwise impact our live-stream sales and e-commerce solution service business. These include laws related to advertising and marketing practices, consumer protection, intellectual property protection and infringement prevention, privacy and data security, intermediary liability, and taxation. Many of these legal frameworks can be enforced not only by government authorities but also by private parties. These laws and regulations continue to evolve and may change significantly over time. Consequently, the application, interpretation, and enforcement of these regulatory frameworks - whether existing, newly proposed, or amended - remain uncertain and may vary by jurisdiction and over time, particularly as they pertain to the rapidly evolving digital commerce and live-streaming landscape.

Federal Trade Commission Act (15 U. S. C. § 45), particularly Section 5, prohibits “unfair or deceptive acts or practices in or affecting commerce.” This includes false advertising, misleading pricing claims, and failure to honor stated return or refund policies. The FTC enforces this provision against companies that engage in conduct likely to mislead consumers acting reasonably under the circumstances. In addition, Federal Trade Commission’s (FTC) Endorsement Guides (16 CFR Part 255) are designed to ensure that endorsements and testimonials used in marketing communications are truthful, not misleading, and include clear disclosure of any material connection between the endorser and the sponsoring brand. These obligations apply to all formats of promotional content, including short-form videos and live-streams on social media platforms such as TikTok and Instagram. Disclosures must be made in a manner that is both clear and conspicuous to consumers, regardless of