Company: WCT
Filing Date: 2025-12-05
Form Type: 424B3
Source: 0001213900-25-118563
Chunk: 49

Company: Wellchange Holdings Co Ltd
Filing Date: 2025-12-05
Form: 424B3
Chunk 49
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 for this offering, we may be unable to obtain a waiver of such approval
requirements, if and when procedures are established to obtain such a waiver. Any uncertainties and/or negative publicity regarding such
an approval requirement could have a material adverse effect on the trading price of our securities.

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Although we and our subsidiaries are not based in Mainland China and we have no operations in Mainland China, the PRC government may intervene or influence our current and future operations in Hong Kong at any time, or may exert more control over offerings conducted overseas and/or foreign investment in issuers like ourselves. It may result in a material adverse change in our operations, significantly limit or completely hinder our ability to offer or continue to offer securities to investors and cause the value of our securities to significantly decline or become worthless, which would materially affect the interests of the investors.

As one of the conditions for the handover of the
sovereignty of Hong Kong to China, China accepted conditions such as Hong Kong’s Basic Law, which is a national law of
the PRC and the constitutional document for Hong Kong. The Basic Law ensured Hong Kong would retain its own currency (the Hong Kong
Dollar), legal system, parliamentary system and people’s rights and freedom for fifty years from 1997. This agreement has given
Hong Kong the freedom to function with a high degree of autonomy. The Special Administrative Region of Hong Kong is responsible
for its own domestic affairs, including but not limited to the judiciary and courts of last resort, immigration and customs, public finance,
currencies and extradition. Hong Kong continues using the English common law system. Furthermore, pursuant to the Basic Law, national
laws of the PRC shall not be applied in Hong Kong except for those listed in Annex III of the Basic Law and applied locally
by promulgation or local legislation. The Basic Law expressly provides that the national laws of the PRC, which may be listed in Annex III
of the Basic Law shall be confined to those relating to defense and foreign affairs as well as other matters outside the autonomy of Hong Kong.
The basic policies of the PRC regarding Hong Kong as a special administrative region of the PRC are reflected in the Basic Law, providing
Hong Kong with a high degree of autonomy and executive, legislative and independent judicial powers, including that of final adjudication
under the principle of “one country, two systems.”

We and our subsidiaries are not based in Mainland
China and do not have operations in Mainland