Company: JSKJ
Filing Date: 2025-11-17
Form Type: F-1
Source: 0001477932-25-008401
Chunk: 99

Company: Jiansu (Shanghai) Information Technology Co., Ltd
Filing Date: 2025-11-17
Form: F-1
Chunk 99
---
 holding companies and governmental control of currency conversion may delay us from using the proceeds of this offering to make loans or additional capital contributions to our PRC subsidiaries, which could materially and adversely affect our liquidity and our ability to fund and expand our business.”

Pending use of the net proceeds, we intend to hold our net proceeds in short-term, interest-bearing, financial instruments or demand deposits.

| 67 |

<div align='center'>DIVIDEND POLICY</div>

Our board of directors has discretion regarding whether to declare or pay dividends, subject to the amended and restated memorandum and articles of association of our company and certain requirements of Cayman Islands law. All dividends are subject to certain restrictions under Cayman Islands law, namely that our company may only pay dividends out of profits or share premium, and provided always that we are able to pay our debts as they fall due in the ordinary course of business immediately following the date on which the distribution or dividend is paid. Even if our board of directors decides to pay dividends, the form, frequency and amount will depend upon our future operations and earnings, capital requirements and surplus, general financial condition, contractual restrictions and other factors that the board of directors may deem relevant.

We have never declared or paid cash dividends on our ordinary shares. We currently do not have any plans to pay cash dividends. Rather, we currently intend to retain all of our available funds and any future earnings to operate and grow our business.

Cash dividends on our ordinary shares, if any, will be paid in U.S. dollars.

| 68 |

<div align='center'>CAPITALIZATION</div>

The following table sets forth our cash and cash equivalents and our capitalization as of June 30, 2024 as follows:

| · | on an actual basis;                                                                                                                                                                                                                                                                                                                      |
| · | on a pro forma as adjusted basis to reflect the sale of [●] ordinary shares in this offering (without exercise of the underwriters’ over-allotment option), at an assumed initial public offering price of $[●] per share, after deducting the underwriting discounts and commissions and estimated offering expenses payable by us; and |
| · | on a pro forma as adjusted basis to reflect the sale of [●] ordinary shares (with full exercise of the underwriters’ over- allotment option) in this offering, at an assumed initial public offering price of $[●] per share, after deducting the underwriting discounts and commissions and estimated offering expenses payable by us.  |

The adjustments reflected below are subject