Company: LHI
Filing Date: 2025-01-27
Form Type: DRS/A
Source: 0001213900-25-006939
Chunk: 127

Company: Living Homeopathy International Ltd.
Filing Date: 2025-01-27
Form: DRS/A
Chunk 127
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 a significant barrier                
 for new entrants in the homeopathy industry. Compliance with local health authorities’            
 standards, obtaining necessary licenses, and adhering to quality control measures are essential   
 to ensure the safety and efficacy of homeopathic treatments. New entrants must be well-versed     
 in the regulatory requirements and prepared to invest time and resources to meet these standards, 
 which can be a daunting task for those unfamiliar with the local regulations.                     |

Competitive Landscape

The homeopathy market in Hong Kong is highly
concentrated. This concentration is primarily due to high entry barriers to the market. We are one of the few key players in the Hong
Kong homeopathy market. We consider our competitors are HomeoCare HK, Vitality Centre, Integrated Medicine Institute and Maya Health
Institute. Among all the Homeopathy service providers in Hong Kong, we ranked first in the homeopathy market by market share of approximately
41.3% in terms of homeopathy product sales revenue generated in Hong Kong in 2023.

Source of Information

In connection with the Offering, we have engaged
Frost & Sullivan to conduct a detailed analysis and prepare an industry report on the markets in which we operate. Services provided
by Frost & Sullivan include market assessments, competitive benchmarking, and strategic and market planning for the relevant industries.Except for the FS Report, we did not commission any other industry report in connection with the Offering.

We have extracted certain information from the FS Report in this section,
as well as in the sections headed “Summary,” “Risk Factors,” “Business,” and elsewhere in this prospectus
to provide our potential investors with a more comprehensive presentation of the industries in which we operate and our market position
in China. Unless otherwise noted, all the information, data and forecasts contained in this section are derived from the FS Report. The estimated
total market size was obtained from historical data analysis plotted against macroeconomic data as well as considering the aforementioned
industry key drivers.

According to Frost & Sullivan, the FS Report was compiled by conducting detailed primary research which involved in-depth telephone and face-to-face interviews with industry participants, and secondary research which involved reviewing annual reports, industry publications and data based on its own research database. Its forecasting methodology integrates several forecasting techniques with its internal analytics of critical market elements investigated in connection with its market research work. These elements primarily include identification of market drivers and restraints and integration of expert opinions.

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According to Frost & Sullivan, Frost &
Sullivan