Company: RITR
Filing Date: 2025-11-28
Form Type: F-3
Source: 0001213900-25-115738
Chunk: 14

Company: Reitar Logtech Holdings Ltd
Filing Date: 2025-11-28
Form: F-3
Chunk 14
---
.                                                                                                            |

| ● | If our customers are able to reduce their third-party logistics and                                                              
 supply chain costs or increase utilization of their internal solutions, our business and operating results may be materially and 
 adversely affected.                                                                                                              |

| ● | We have a long selling cycle to secure a new service agreement and               
 a long implementation cycle, which require significant investments of resources. |

| ● | Our business and rent-to-rent model require significant capital expenditure                                                              
 and inability to collect service fee from our customers in a timely manner or at all would materially and adversely affect our business, 
 results of operations, financial condition and growth prospects.                                                                         |

| ● | We face risks and challenges associated with our cold chain logistics                                                         
 services, including environmental, health, safety and quality control issues and increasing costs in developing the business. |

| ● | We may not be able to successfully identify, source and develop in 
 a timely fashion additional warehouse properties.                  |

| ● | If we are unable to continue to innovate, meet evolving market trends,                                                              
 adapt to changing customer demands and maintain our culture of innovation, our ability to sustain and grow our business may suffer. |

| ● | Our designs for temperature-controlled warehouse infrastructure may                                                    
 become obsolete or unmarketable and we may not be able to upgrade our designs or equipment cost-effectively or at all. |

| ● | Our revenue derived from construction projects are typically non-recurring 
 in nature.                                                                 |

| ● | We outsource some of our services to subcontractors and have limited                                                   
 control over these subcontractors and may be liable for violations of applicable Hong Kong labor laws and regulations. |

Risks Relating to Doing Business in the Jurisdictions in which Our Operating Subsidiaries Operate

| ● | All of our operations are in Hong Kong. However, due to the long arm                                                                      
 application of the current PRC laws and regulations, the PRC government may exercise significant direct oversight and discretion          
 over the conduct of our business and may intervene or influence our operations, which could result in a material change in our operations 
 and/or the value of our ordinary shares. Our operating subsidiaries in Hong Kong may be subject to laws and regulations of the PRC,       
 which may impair our ability to operate profitably and result in a material negative impact on our operations and/or the value of         
 our ordinary shares. Furthermore, the changes in the policies, regulations, rules, and the enforcement of laws of the PRC may also        
 occur quickly with little