Company: YIBO
Filing Date: 2025-06-03
Form Type: F-3
Source: 0001213900-25-050771
Chunk: 6

Company: Planet Image International Ltd
Filing Date: 2025-06-03
Form: F-3
Chunk 6
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 ordered to suspend our relevant business and rectify, or prohibited from engaging in relevant
business, and these risks could 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, or cause such securities to significantly decline in value or become worthless.

On February 17, 2023, the China Securities
Regulatory Commission (the “CSRC”) released Trial Administrative Measures of Overseas Securities Offering and Listing by
Domestic Companies (the “Administration Measures”), which came into force on March 31, 2023, five supporting guidelines,
as well as the Notice on Filing Management Arrangements for Overseas Listings of Domestic Enterprises (the “Notice”).
According to the Administration Measures and the Notice, overseas offering and listing refers to overseas offerings by domestic
companies of equity shares, depository receipts, convertible corporate bonds, or other equity-like securities, and overseas listing
of the securities for trading. Overseas offerings and listings, which are specifically divided into direct overseas offerings and
listings and indirect overseas offerings and listings, shall be filed in accordance with the Administration Measures. According to
the Notice, domestic companies that have submitted valid applications for overseas issuance and listing but have not been approved
by overseas regulatory authorities or overseas stock exchanges at the date of effectiveness of the Administration Measures can
reasonably arrange the timing of filing applications and should complete the filing before the overseas issuance and listing. On
September 25, 2023, we received CSRC’s approval of our initial public offering under the Administration Measures. Since
January 25, 2024, our Class A Ordinary Shares have been listed on the Nasdaq Capital Market. Our PRC counsel, JunHe LLP, has
confirmed that the filing of the registration statement on Form F-3 of which this prospectus forms a part with the SEC is not
subject to the CSRC’s registration requirements, but a post-offering filing with the CSRC must be made within three business
days after the completion of the offering. In the event that we conduct any subsequent offerings, we could be subject to filing
requirements with the CSRC. In such event, if our filing procedures are not completed according to the Administration Measures or if
our filing materials contain false records, misleading statements, or material omissions, the CSRC may order rectify such
non-compliance, issue a warning, and impose a fine of not less than RMB1 million and not more than RMB