Company: DTSQ
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001417
Chunk: 250

Company: DT Cloud Star Acquisition Corp
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1A
Chunk 250
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 audit committee of a listed company be comprised solely of independent directors.

Subject
to phase-in rules and a limited exception, the rules of the Nasdaq require that the compensation committee and the nominating committee
of a listed company be comprised solely of independent directors.

Audit
Committee 

We
have established an audit committee of the board of directors. Mr. Shaoke Li, Mr. Chi Zhang and Ms. Longjiao Li serve as members of our
audit committee. Our board of directors has determined that each of Mr. Shaoke Li, Mr. Chi Zhang and Ms. Longjiao Li are independent
under the Nasdaq listing standards and applicable SEC rules. Mr. Shaoke Li serves as the Chairperson of the audit committee. Under the
Nasdaq listing standards and applicable SEC rules, all the directors on the audit committee must be independent. Each member of the audit
committee is financially literate and our board of directors has determined that Mr. Shaoke Li qualifies as an “audit committee
financial expert” as defined in applicable SEC rules.

The
audit committee’s duties, which are specified in our Audit Committee Charter, include, but are not limited to:

    ●
    reviewing
    and discussing with management and the independent auditor the annual audited financial statements, and recommending to the board
    whether the audited financial statements should be included in our Form 10-K;

    ●
    discussing
    with management and the independent auditor significant financial reporting issues and judgments made in connection with the preparation
    of our financial statements;

    ●
    discussing
    with management major risk assessment and risk management policies;

    ●
    monitoring
    the independence of the independent auditor;

    ●
    verifying
    the rotation of the lead (or coordinating) audit partner having primary responsibility for the audit and the audit partner responsible
    for reviewing the audit as required by law;

    ●
    inquiring
    and discussing with management our compliance with applicable laws and regulations;

67

    ●
    pre-approving
    all audit services and permitted non-audit services to be performed by our independent auditor, including the fees and terms of the
    services to be performed;

    ●
    appointing
    or replacing the independent auditor;

    ●
    determining
    the compensation and oversight of the work of the independent auditor (including resolution of disagreements between management and
    the independent auditor regarding financial reporting) for the purpose of preparing or issuing an audit report or related