Company: AOAO
Filing Date: 2025-01-10
Form Type: S-1/A
Source: 0001493152-25-001624
Chunk: 17

Company: Alpha One Inc.
Filing Date: 2025-01-10
Form: S-1/A
Chunk 17
---
, or we or our PRC Subsidiaries inadvertently
conclude that such approvals or permissions are not required, or applicable laws, regulations, or interpretations change such that we
or our PRC Subsidiaries are required to obtain approvals or permissions in the future, we and our PRC Subsidiaries may be subject to
investigations by competent regulators, fines or penalties, ordered to suspend our PRC Subsidiaries’ relevant operations and rectify
any non-compliance, limit our ability to pay dividends outside of mainland China, delay or restrict the repatriation of the proceeds
from this offering into mainland China or take other actions prohibited from engaging in relevant business or conducting any offering,
and these risks could result in a material adverse change in our operations, significantly limit or completely hinder our ability to
offer or continue to offer securities to investors, or cause such securities to significantly decline in value or become worthless. See
“Risk Factors — Risks Related to Doing Business in China — Chinese government may intervene
or influence our operations in accordance with laws and regulations, or may exert more control over offerings conducted overseas and/or
foreign investment in China-based issuers, which could result in a material change in our operations and/or the value of our shares”
and “Risk Factors — Risks Related to Doing Business in China —Any actions by the Chinese government
to exert more oversight and control over offerings that are conducted overseas and/or foreign investment in China-based issuers could
significantly limit or completely hinder our ability to offer or continue to offer securities to investors and cause the value of such
securities to significantly decline or be worthless” on page 18, of this prospectus.

Cash Transfers and Dividend Distributions

Cash may be transferred within our organization in the following manners: (i) we may transfer funds to our PRC subsidiary by way of capital contributions or loans, through intermediate holding companies, such as our Hong Kong subsidiary; (ii) we or our intermediate holding company may provide loans to our PRC operating subsidiary directly and vice versa; and (iii) our PRC subsidiary may make dividends or other distributions to us through our intermediate holding subsidiaries.

We currently have not maintained any cash management policies that dictate the purpose, amount and procedures for cash transfers between the Company, our subsidiaries, or investors. Rather, the funds can be transferred in accordance with the applicable PRC laws and regulations. To the extent cash or assets in the business is in the PRC or a PRC entity