Company: JWEL
Filing Date: 2025-08-26
Form Type: F-3
Source: 0001213900-25-080759
Chunk: 21

Company: Jowell Global Ltd.
Filing Date: 2025-08-26
Form: F-3
Chunk 21
---
 are subject to the relevant filing procedures of the CSRC in connection
with our overseas offerings under the New Overseas Listing Rules, including the public offering pursuant to this registration statement.
The CSRC completed its review and concluded its filing procedure with a formal notice to the Company on September 29, 2024. On February
24, 2023, the CSRC, the Ministry of Finance, the National Administration of State Secretes Protection and the National Archives Administration
released the Provisions on Strengthening the Confidentiality and Archives Administration Related to the Overseas Securities Offering and
Listing by Domestic Companies, or the Confidentiality and Archives Administration Provisions, which took effect on March 31, 2023. PRC
domestic enterprises seeking to offer securities and list in overseas markets, either directly or indirectly, shall establish and improve
the system of confidentiality and archives work, and shall complete approval and filing procedures with competent authorities, if such
PRC domestic enterprises or their overseas listing entities provide or publicly disclose documents or materials involving state secrets
and work secrets of state organs to relevant securities companies, securities service institutions, overseas regulatory agencies and other
entities and individuals. It further stipulates that (i) providing or publicly disclosing documents and materials which may adversely
affect national security or public interests, and accounting records or photocopies thereof to relevant securities companies, securities
service institutions, overseas regulatory agencies and other entities and individuals shall be subject to corresponding procedures in
accordance with relevant laws and regulations; and (ii) any working papers formed in the territory of the PRC by securities companies
and securities service agencies that provide domestic enterprises with securities services relating to overseas securities issuance and
listing shall be stored in the territory of the PRC, the outbound transfer of which shall be subject to corresponding procedures in accordance
with relevant laws and regulations. Our operating subsidiaries provide logistic services, and they are not cyberspace operators with personal
information of more than 1 million users or activities that affect or may affect national security and they don’t have documents
and materials which may adversely affect national security or public interests. However, given the current PRC regulatory environment,
it is uncertain whether we, VIE or our PRC subsidiaries will be able to obtain such permission or be required to obtain other permission
from the PRC government to list on U.S. exchanges or offer its securities overseas, and even when such permission is obtained, whether
it will be denied or rescinded. If we, our subsidiaries, or the