Company: SOS
Filing Date: 2025-07-02
Form Type: S-8
Source: 0001213900-25-061032
Chunk: 16

Company: SOS Ltd
Filing Date: 2025-07-02
Form: S-8
Chunk 16
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-border
transfers of data, requiring among other things, that data processors that provide data to overseas apply to CAC for security assessments
if: (1) data processors provide important data to overseas parties; (2) critical information infrastructure operators and data processors
process personal information of more than one million individuals provide personal information to overseas parties; (3) data processors
that have cumulatively provided personal information of 100,000 people or sensitive personal information of 10,000 people to overseas
parties since January 1 of the previous year, provide personal information to overseas parties; and (4) other scenarios required by the
CAC to apply for security assessments are met. In addition, these measures require data processors to carry out self-assessments of risks
of providing data to overseas parties before applying to the CAC for security assessments.

As of the date of this prospectus, we have not
received any inquiry, notice, warning, or sanctions regarding our corporate structure from the CSRC, CAC or any other PRC governmental
agency. As advised by our PRC counsel, Hebei Changjun Law Firm, we are unlikely to be subject to cybersecurity review, because: (i) we
have not received any notice from governmental agency to treat us as an operator of critical information infrastructure, and (ii) we have
not received any notice from governmental agency to treat us as an online platform operator who possesses personal information of more
than one million users. In addition, we currently do not have over one million users’ personal information and do not anticipate
to collect over one million users’ personal information in the foreseeable future.

CSRC Filing

On February 17, 2023, the CSRC promulgated the
Trial Measures, which took effect on March 31, 2023. The Trial Measures clarified and emphasized several aspects, which include but are
not limited to: (1) comprehensive determination of the “indirect overseas offering and listing by PRC domestic companies”
in compliance with the principle of “substance over form” and particularly, an issuer will be required to go through the filing
procedures under the Trial Measures if the following criteria are met at the same time: a) 50% or more of the issuer’s operating
revenue, total profit, total assets or net assets as documented in its audited consolidated financial statements for the most recent accounting
year is accounted for by PRC domestic companies, and b) the main parts of the issuer’s