Company: IDVV
Filing Date: 2025-07-03
Form Type: 10-12G/A
Source: 0001683168-25-004925
Chunk: 54

Company: ModuLink Inc.
Filing Date: 2025-07-03
Form: 10-12G/A
Chunk 54
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, there can be no assurance as to whether the government of
Hong Kong will enact laws and regulations similar to mainland China, or whether any laws or regulations of mainland China will become
applicable to our operations in Hong Kong in the future, which could be at any time and with no advance notice. Therefore, the legal
and operational risks associated with operating in China also apply to operations in Hong Kong. If we were to become subject to such
oversight, discretion and control, including over overseas offerings of securities and/or foreign investments, it may 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
and cause the value of our securities to significantly decline, which would materially affect the interests of the investors.

| 26 |

We conduct our operations and generate our revenue
in Hong Kong. Our major suppliers and customers are currently all located in Hong Kong and China. Accordingly, economic, political and
legal developments in the PRC will significantly affect our business, financial condition, results of operations and prospects. The PRC
economy is in transition from a planned economy to a market-oriented economy subject to plans adopted by the government that set national
economic development goals. Policies of the PRC government can have significant effects on economic conditions in the PRC. While we believe
that the PRC will continue to strengthen its economic and trading relationships with foreign countries and that business development in
the PRC will continue to follow market forces, we cannot assure you that this will be the case. Our interests may be adversely
affected by changes in policies by the PRC government, including:

| · | changes in laws, regulations or their interpretation;                                                                   |
| · | confiscatory taxation;                                                                                                  |
| · | restrictions on currency conversion, imports or sources of supplies, or ability to continue as a for-profit enterprise; |
| · | expropriation or nationalization of private enterprises; and                                                            |
| · | the allocation of resources.                                                                                            |

Substantial uncertainties and restrictions with respect to the political and economic policies of the PRC government and PRC laws and regulations could have a significant impact upon the business that we may be able to conduct in the PRC and accordingly on the results of our operations and financial condition.

While Hong Kong currently operates under a separate
legal framework from mainland China, there remains the possibility that Hong Kong’s legal framework will become more closely aligned
with the legal framework of mainland China, including their interpretation, implementation