Company: LDDD
Filing Date: 2025-09-26
Form Type: 10-K
Source: 0001213900-25-091988
Chunk: 122

Company: Longduoduo Co Ltd
Filing Date: 2025-09-26
Form: 10-K
Item: Item 1A
Chunk 122
---
 in our securities worthless.

As
such, the Company’s business segments and entities may be subject to various government and regulatory interference in the provinces
in which they operate. The Company could be subject to new regulation by various political and regulatory entities, including various
local and municipal agencies and government sub-divisions. The Company may incur increased costs necessary to comply with existing and
newly adopted laws and regulations or penalties for any failure to comply. As a result, the fast-changing rules and regulation could
potentially impact our operation and profitability in China and as a result, cause the value of Longduoduo’s securities to significantly
decline or even become worthless.

We
will require the approval of the CSRS before our common stock may become listed on the OTCQB, Nasdaq or any U.S. securities exchange.
If we are unable to obtain CSRC’s approval, our ability to raise capital will be limited, which would likely limit the growth of
our company.

We
intend to fund the growth of our business in large part by raising capital in Longduoduo through its sale of securities outside of the
PRC. The capital markets in the U.S. that we might access for financing will depend in large part on our ability to secure a listing
on Nasdaq, OTCQX or one of the registered securities exchanges. The Trial Administrative Measures adopted on March 31, 2023 require that
at the time we apply to an exchange (which for this purpose will include Nasdaq, OTCQB or OTCQX), we must file an extensive application
with the CSRC and await approval by CSRC of the listing. The CSRC has indicated an intent to use these applications in order to protect
the PRC from foreign control of (or significant influence over) important Chinese businesses. We cannot determine what criteria the CSRC
will apply for this purpose. The regulations, therefore, create for our investors a risk that our efforts to finance our Chinese subsidiaries
by selling Longduoduo securities abroad will be restricted, delayed or eliminated by CSRC’s implementation of the listing requirements
in the Trial Administrative Measures. That risk, if realized, could prevent us from expanding our Chinese subsidiaries’s business,
which could reduce or eliminate the value of Longduoduo common stock.

25

If
Longduoduo common stock becomes listed on the OTCQB or an exchange, we will be required to obtain the approval of the PRC government
for a business combination, the