Company: IDVV
Filing Date: 2025-07-03
Form Type: 10-12G/A
Source: 0001683168-25-004925
Chunk: 3

Company: ModuLink Inc.
Filing Date: 2025-07-03
Form: 10-12G/A
Chunk 3
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, in light of the recent statements and regulatory actions by the People’s Republic of China (“the PRC”) government,
such as those related to Hong Kong’s national security, the promulgation of regulations prohibiting foreign ownership of Chinese
companies operating in certain industries, which are constantly evolving, and anti-monopoly concerns, we may be subject to the risks of
uncertainty of any future actions of the PRC government in this regard including the risk that we inadvertently conclude that such approvals
are not required, that applicable laws, regulations or interpretations change such that we are required to obtain approvals in the future,
or that the PRC government could disallow our holding company structure, which would likely result in a material change in our operations,
including our ability to continue our existing holding company structure, carry on our current business, accept foreign investments, and
offer or continue to offer securities to our investors. These adverse actions could cause the value of our common stock to significantly
decline or become worthless. We may also be subject to penalties and sanctions imposed by the PRC regulatory agencies, including the Chinese
Securities Regulatory Commission, if we fail to comply with such rules and regulations, which would likely adversely affect the ability
of the Company’s securities to continue to trade on the Over-the-Counter Bulletin Board, which would likely cause the value of our
securities to significantly decline or become worthless.

There are prominent legal
and operational risks associated with our operations being in Hong Kong. For example, as a U.S.-listed Hong Kong public company,
we may face heightened scrutiny, criticism and negative publicity, which could result in a material change in our operations and the value
of our common stock. It could also significantly limit or completely hinder our ability to offer or continue to offer securities to investors
and cause the value of such securities to significantly decline or be worthless. We are subject to risks arising from the legal system
in China where there are risks and uncertainties regarding the enforcement of laws including where the Chinese government can change the
rules and regulations in China and Hong Kong, including the enforcement and interpretation thereof, at any time with little to no advance
notice and can intervene at any time with little to no advance notice. Changes in Chinese internal regulatory mandates, such as the M&A
rules, Anti-Monopoly Law, and Data Security Law, may target the Company's corporate structure and impact our ability to conduct business
in Hong Kong, accept foreign investments, or list on an U.S. or other foreign exchange. By way