Company: NIVFW
Filing Date: 2025-04-22
Form Type: 20-F
Source: 0001213900-25-033966
Chunk: 13

Company: NewGenIvf Group Ltd
Filing Date: 2025-04-22
Form: 20-F
Item: Item 3
Chunk 13
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to capitalize upon market opportunities. NewGenIvf may not have sufficient advance notice and resources to develop and effectively implement
an alternative strategy. There may be scientific or clinical changes that require it to change its solutions or that make its solutions
less competitive in the marketplace. If there are sensitivities to its model or its existing competitors and new entrants create new disruptive
business models and/or develop new solutions that clients prefer to its solutions, NewGenIvf may lose clients, and its results of operations,
cash flows and/or prospects may be adversely affected. The future performance of NewGenIvf’s business will depend in large part
on its ability to design and implement market appropriate strategic initiatives, some of which will occur over several years in a
dynamic industry. If these initiatives of NewGenIvf do not result in met objectives, NewGenIvf’s results of operations could be
adversely affected.

If NewGenIvf fails to maintain and enhance
its brand, its ability to expand its client base will be impaired and its business, financial condition and results of operations may
suffer.

The growth of NewGenIvf’s
business partially depends on the recognition of NewGenIvf’s brand and reputation. NewGenIvf believes that maintaining and enhancing
its brand is important to support the marketing and sale of its existing and future solutions to new clients and expand sales of its solutions
to existing clients. NewGenIvf also believes that the importance of brand recognition will increase as competition in its market increases.
Successfully maintaining and enhancing its brand will depend largely on the effectiveness of its marketing efforts, its ability to provide
reliable services that continue to meet the needs of its clients at competitive prices, its ability to maintain its clients’ trust,
its ability to continue to develop new solutions, and its ability to successfully differentiate its platform from competitive solutions
and services. NewGenIvf’s brand promotion activities may not generate client awareness or yield increased revenue, and even if they
do, any increased revenue may not offset the expenses NewGenIvf incurs in building its brand. If NewGenIvf fails to successfully promote
and maintain its brand, its business, financial condition and results of operations may suffer.

If NewGenIvf fails to retain and motivate
members of its management team or other key employees, or fails to attract additional qualified personnel to support its operations, its
business and future growth prospects could be harmed.

NewGenIvf’s success
and future growth depend largely upon the continued