Company: LHI
Filing Date: 2025-02-14
Form Type: DRS/A
Source: 0001213900-25-014190
Chunk: 23

Company: Living Homeopathy International Ltd.
Filing Date: 2025-02-14
Form: DRS/A
Chunk 23
---
 permissions or approvals, should such permissions or approvals be required in the future by the PRC or Hong Kong government, (ii)
inadvertently conclude that such permissions or approvals are not required, or (iii) applicable laws, regulations, or interpretations
change and we are required to obtain such permissions or approvals in the future, we may be unable to obtain such permissions or approvals
in a timely manner, or at all, and may face regulatory actions or other sanctions from the CSRC, the CAC or other PRC or Hong Kong regulatory
authorities if we fail to fully comply with any new regulatory requirements. Consequently, our operations and financial conditions could
be materially adversely affected, and our ability to offer securities to investors could be significantly limited or completely hindered
and the securities currently being offered may substantially decline in value and become worthless.

Furthermore, the PRC government may exert
more control over offerings conducted overseas and/or foreign investment in issuers like us. Such governmental actions, if and when occur:
(i) could significantly limit or completely hinder our ability to continue our operations; (ii) could significantly limit or completely
hinder our ability to offer or continue to offer our securities to investors; and (iii) may cause the value of such securities to significantly
decline or be worthless.

Dividend Distributions or Assets Transfer among the Holding Company and Its Subsidiaries

Living Homeopathy’s board of directors has complete discretion as to whether to distribute dividends, subject to certain requirements of Cayman Islands law. In addition, Living Homeopathy’s shareholders may by ordinary resolution declare a dividend, but no dividend may exceed the amount recommended by Living Homeopathy’s directors. Under Cayman Islands law, a Cayman Islands company may pay a dividend out of either profit or share premium account, provided that in no circumstances may a dividend be paid if this would result in the company being unable to pay its debts as they fall due in the ordinary course of business. Even if Living Homeopathy’s board of directors decides to declare and pay dividends, the timing, amount and form of future dividends, if any, will depend on Living Homeopathy’s future results of operations and cash flow, our capital requirements and surplus, the amount of distributions, if any, received by Living Homeopathy from the subsidiaries, our financial condition, contractual restrictions and other factors deemed relevant by Living Homeopathy’s board of directors. Accordingly, the return on your investment in Living Homeopathy’s Class A Ordinary Shares will likely depend entirely upon any future price appreciation of Living