Company: XTKG
Filing Date: 2025-04-25
Form Type: 20-F
Source: 0001213900-25-035626
Chunk: 83

Company: X3 Holdings Co., Ltd.
Filing Date: 2025-04-25
Form: 20-F
Item: Item 4
Chunk 83
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 file reports, registration statements and
other information with the SEC. The Company’s reports, registration statements and other information can be inspected on the SEC’s
website at www. sec. gov and such information can also be inspected and copies ordered at the public reference facilities maintained by
the SEC at the following location: 100 F Street NE, Washington, D. C. 20549. You may also visit us on the World Wide Web at www. x3holdings. com.
However, information contained on our website does not constitute a part of this Annual Report.

Corporate Information

Our principle executive offices
are located at Suite 412, Tower A, Tai Seng Exchange, One Tai Seng Avenue, Singapore 536464. Our telephone number is +65.8038.6502. Our
principle website address is www. x3holdings. com. The information on our website is not part of this Annual Report.

The following diagram illustrates
our corporate structure of our principal subsidiaries as of the date of this Annual Report.

The Holding Foreign Companies Accountable Act

The Holding Foreign Companies
Accountable Act (the “ HFCAA”) was enacted on December 18, 2020, as amended by the Consolidated Appropriations Act, 2023. The
HFCAA states if the SEC determines that we have filed audit reports issued by a registered public accounting firm that has not been subject
to inspection by the PCAOB for three consecutive years beginning in 2021, the SEC shall prohibit our shares from being traded on a national
securities exchange or in the over- the-counter trading market in the U. S.

On
December 16, 2021, the PCAOB issued a Determination Report which found that the PCAOB was unable to inspect or investigate completely
registered public accounting firms headquartered in: (i) mainland China; and (ii) Hong Kong.

On
August 26, 2022, the PCAOB signed a Statement of Protocol with the CSRC and Ministry of Finance, taking the first step toward opening
access for the PCAOB to inspect and investigate registered public accounting firms headquartered in mainland China and Hong Kong completely,
consistent with the U. S. law.

On
December 15, 2022, the PCAOB announced that it was able to conduct inspections and investigations completely of PCAOB- registered public
accounting firms headquartered in mainland China and Hong Kong in 2022. The PCAOB vacated its previous determinations issued in December
202