Company: AOAO
Filing Date: 2025-01-10
Form Type: S-1/A
Source: 0001493152-25-001624
Chunk: 39

Company: Alpha One Inc.
Filing Date: 2025-01-10
Form: S-1/A
Chunk 39
---
 of prohibiting foreign investment in the production of traditional
Chinese medicine decoction pieces processing technology and products with confidential prescriptions of proprietary Chinese medicines.
This marks the complete removal of restrictions on foreign investment access in the manufacturing field. Our current and planned business
is neither on the 2021 Negative List Edition nor on the 2024 Edition. Thus, to the best of our knowledge, we believe the 2024 Negative
List will not create any material adverse effect to the Company’s business.

If
future laws, administrative regulations or provisions mandate further actions to be taken by companies with respect to existing structure
or we expand our business activities, we may face substantial uncertainties as to whether we can complete such actions in a timely
manner, or at all. Failure to take timely and appropriate measures to cope with any of these or similar regulatory compliance challenges could materially and adversely affect our current corporate structure, business, financial condition and results of operations.

| 16 |

China’s political climate and economic conditions, as well as changes in government policies, laws and regulations which may be quick with little advance notice, could have a material adverse effect on our business, financial condition and results of operations.

Our principal executive offices are located in China and our sole executive officer and director is a resident of and is physically located in and has significant ties to China. Our business, financial condition, results of operations and prospects are subject, to a significant extent, to economic, political and legal developments in China. For example, as a result of recent proposed changes in the cybersecurity regulations in China that would require certain Chinese technology firms to undergo a cybersecurity review before being allowed to list on foreign exchanges, this may have the effect of further narrowing the list of potential businesses in China’s consumer, technology and mobility sectors that we intend to focus on for our business combination or the ability of the combined entity to list in the United States.

China’s economy differs from the economies of most developed countries in many respects, including the amount of government involvement, level of development, growth rate, control of foreign exchange and allocation of resources. While the PRC economy has experienced significant growth in the past two to three decades, growth has been uneven, both geographically and among various sectors of the economy. Demand for target services and products depends, in large part, on economic conditions in China. Any slowdown in China’s economic growth may cause our potential customers to delay or cancel their plans to purchase our services and products, which in turn could reduce our net revenues.

Although China’s economy has been transitioning from