Company: IDVV
Filing Date: 2025-09-18
Form Type: 10-12G/A
Source: 0001683168-25-007099
Chunk: 66

Company: ModuLink Inc.
Filing Date: 2025-09-18
Form: 10-12G/A
Chunk 66
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 registered capital.
These reserves are not distributable as cash dividends. If future dividends are paid in RMB, fluctuations in the exchange rate for the
conversion of any of these currencies into U.S. dollars may adversely affect the amount received by U.S. stockholders upon conversion
of the dividend payment into U.S. dollars. For a detailed description of the potential government regulations facing the Company associated
with our operations in Hong Kong and on restrictions on payments from our subsidiaries, please refer to “Government and Industry Regulations–China” and “Transfers of Cash to and from our Subsidiaries.” We do not presently have any
intention to declare or pay dividends in the future. You should not purchase shares of our common stock in anticipation of receiving dividends
in future periods.

Our Hong Kong subsidiary may be subject to restrictions on paying dividends or making other payments to us, which may restrict its ability to satisfy liquidity requirements, conduct business and pay dividends to holders of our common stock.

Most of our cash is maintained
in Hong Kong Dollars. We rely on dividends from our Hong Kong subsidiaries for our cash and financing requirements, such as the funds
necessary to service any debt we may incur. There is a possibility that the PRC could prevent our cash maintained in Hong Kong from leaving
or the PRC could restrict the deployment of the cash into our business or for the payment of dividends. Any such controls or restrictions
may adversely affect our ability to finance our cash requirements, service debt or make dividend or other distributions to our shareholders.
Current PRC regulations permit PRC subsidiaries to pay dividends to foreign parent companies only out of their accumulated after-tax profits
upon satisfaction of relevant statutory condition and procedures, if any, determined in accordance with Chinese accounting standards and
regulations. In addition, PRC subsidiaries are required to set aside at least 10% of their accumulated profits each year, if any, to fund
certain reserve funds until the total amount set aside reaches 50% of its registered capital. Furthermore, if PRC subsidiaries and their
subsidiaries incur debt on their own behalf in the future, the instruments governing the debt may restrict their ability to pay dividends
or make other payments to the foreign parent company, which may restrict the ability of the foreign parent company to satisfy its liquidity
requirements. If such restrictions on dividend and other payments are interpreted to apply to Hong Kong entities, our ability to rely
on payments from our Hong Kong subsidiary will be adversely affected.

In addition, the Enterprise
Income Tax Law of