Company: AOAO
Filing Date: 2025-01-10
Form Type: S-1/A
Source: 0001493152-25-001624
Chunk: 35

Company: Alpha One Inc.
Filing Date: 2025-01-10
Form: S-1/A
Chunk 35
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 or a prolonged outbreak of an epidemic illness, or other adverse public health developments in the PRC could materially disrupt the Company’s business and operations. In particular, the outbreak of COVID-19 which was first reported in late 2019 and spread within the PRC and globally, has caused significant disruption in the economic activities. As the Company’s operations, customers and suppliers are located in the PRC, the outbreak of COVID-19 in the PRC may affect the telecommunications industry, and cause temporary suspension of projects and shortage of labour, materials and equipment and other services, which would severely disrupt the Company’s operations and have a material adverse effect on the Company’s business, financial condition and results of operations. The Company’s operations could also be disrupted if any of its employees or employees of the Company’s labour suppliers were suspected of contacting, or contacted an epidemic disease, since this could require the Company and its labour suppliers to quarantine some, or all of these employees, and disinfect the works sites and facilities used for the Company’s operations. In addition, the Company’s revenue and profitability could also be reduced to the extent if any natural disaster, health epidemic or other virus outbreak harms the overall economy in the PRC. These adverse impacts, if materialize and persist for a substantial period, may significantly and adversely affect the Company’s business operation and financial performance.

Risks Related to Doing Business in China

Certain judgments obtained against us by our officers and directors may not be enforceable

We are a Wyoming corporation but most of our assets are and will be located outside of the United States. Almost all our operations are conducted in the PRC. In addition, all our officers and directors are the nationals and residents of a country other than the United States. Almost all of their assets are located outside the United States. As a result, it may be difficult for you to effect service of process within the United States upon them. It may also be difficult for you to enforce in U.S. courts judgments on the civil liability provisions of the U.S. federal securities laws against us and our officers and directors, since he or she is not a resident in the United States. In addition, there is uncertainty as to whether the courts of the PRC or other jurisdictions would recognize or enforce judgments of U.S. courts.

Introduction of new laws or changes to existing laws by the PRC government may adversely affect our business.

The PRC legal system is a codified legal system made up of written laws, regulations, circulars, administrative directives and internal guidelines.