Company: XTKG
Filing Date: 2025-04-25
Form Type: 20-F
Source: 0001213900-25-035626
Chunk: 98

Company: X3 Holdings Co., Ltd.
Filing Date: 2025-04-25
Form: 20-F
Item: Item 4
Chunk 98
---
 support in service responsiveness and level of customer satisfaction.  

  Brand awareness and reputation, size of customer base and level of user adoption to new and disruptive technologies and applications.  

  Ability to capture market share in China and expand into international markets to operate as a global player in servicing multiple markets and countries.  

We believe we compete favorably
on the basis of the competitive factors listed above. Some of our competitors have substantially greater financial, technical and other
resources, greater name recognition, larger sales and marketing budgets, broader distribution channels and larger or more intellectual
property portfolios.

Intellectual Property

The PRC has domestic laws
for the protection of rights in copyrights, trademarks and trade secrets. The PRC is also a signatory to all of the world’s major
intellectual property conventions, including:

  Convention establishing the World Intellectual Property Organization (June 3, 1980);  
 ────────────────────────────────────────────────────────────────────────────────────────

  Paris Convention for the Protection of Industrial Property (March 19, 1985);  
 ────────────────────────────────────────────────────────────────────────────────

  Patent Cooperation Treaty (January 1, 1994); and  
 ────────────────────────────────────────────────────

  Agreement on Trade-Related Aspects of Intellectual Property Rights (November 11, 2001).  
 ───────────────────────────────────────────────────────────────────────────────────────────

The PRC Trademark Law, adopted
in 1982 and revised in 2013, with its implementation rules adopted in 2014, protects registered trademarks. The Trademark Office of the
State Administration of Industry and Commerce of the PRC, handles trademark registrations and grants trademark registrations for a term
of ten years.

We consider the protection
of our intellectual property and proprietary information to be important to our business. We protect our proprietary technology and products
through a combination of contractual provisions and intellectual property rights in trademarks, patents, copyrights, and trade secrets.
We generally license our software pursuant to agreements that prohibit reverse engineering and restrict the use of access and use of our
source codes. We seek to avoid disclosure of our trade secrets and other proprietary and confidential information with non-disclosure
agreements executed with our employees, consultants, and contractors.

We enter into customary invention
assignment agreements with our employees, consultants and contractors participated in the development of our intellectual property. We
also enter into non-disclosure agreements with our business partners and other relationships where disclosure of proprietary information