Company: LDDD
Filing Date: 2025-09-26
Form Type: 10-K
Source: 0001213900-25-091988
Chunk: 108

Company: Longduoduo Co Ltd
Filing Date: 2025-09-26
Form: 10-K
Item: Item 1A
Chunk 108
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 to further promote transparency and certainty of policies and implementing measures,”
it emphasized that it “has always been open to companies’ choices to list their securities on international or domestic markets
in compliance with relevant laws and regulations.”

If
any new legislation, executive orders, tariffs, laws and/or regulations are implemented, if existing trade agreements are renegotiated
or if the U.S. or Chinese governments take retaliatory actions due to the recent U.S.-China tension, such changes could have an adverse
effect on our business, financial condition and results of operations, our ability to raise capital and the market price of our shares.

The
operations of our subsidiaries in China, as well as our financial operations in the U.S. to the extent that they affect our subsidiaries
in China, will be subject to a high level of control by the national and provincial bureaucracies in the PRC. Exercise by government
authorities of that control could significantly interfere with our ability to conduct our operations in the best interests of our company
and its shareholders, which could cause the value of our common stock to decline and limit or prevent our efforts to finance the operations
of our Chinese subsidiaries.

The
government of the PRC is highly bureaucratized, as are the provincial governments in China. Whereas the authority of agencies in the
U.S. government is restricted to a stated mandate by principles and regulations of administrative law, agencies of the PRC government
have broad authority to impose and administer regulations, and to collect information, as they deem in the best interests of the nation.
As a result, our Company’s Board of Directors may find its ability to develop and implement a business plan constrained by the
regulatory activities of government agencies in the PRC, which are able to exert substantial and wide-ranging control over our Company’s
operations, both those of our Chinese subsidiaries, and the financial operations of Longduoduo.

17

The
PRC agencies that will exercise significant control over our Company’s operations include:

●China
Securities Regulatory Commission (“CSRC”), which since March 2023 has imposed extensive reporting requirements and other
regulations on companies structured as ours: offshore holding companies with operations based in China. The CSRC now requires that such
companies obtain pre-approval of offshore securities listings and offshore securities offerings, and the CSRC, in reviewing such filings,
has broad discretion to limit or prevent offshore financing activities that CSRC believes put the interests of China at risk, including
risks attendant to indirect offshore investment in companies