Company: EZOO
Filing Date: 2025-05-15
Form Type: 10-K
Source: 0001641172-25-010460
Chunk: 461

Company: Ezagoo Ltd
Filing Date: 2025-05-15
Form: 10-K
Item: Item 1
Chunk 461
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 efforts through our President’s personal networks and industry association channels which have
not, at this point in time, been fully identified. Additionally, we intend to bolster our professional reputation and image by showcasing
our knowledge and industry expertise via marketing campaigns through various forms of media. We have undefined plans to initially market
our services through webinars, the creation of a wide variety of white papers, newsletters, books, and other information offerings. Furthermore,
we plan to begin a social media campaign utilizing blogs, twitter, Facebook, LinkedIn, Weibo, WeChat etc. A targeted campaign is intended
to be made to focus on start-ups and small to mid-size companies in various industries.

Competition

We
compete primarily with several different groups of competitors: Online trading companies that operate E-commerce, such as Tik Tok, RED,
TaoBao, JD, Pinduoduo, etc.

The
E-commerce trading industry our company operates in is extremely competitive and there are limited barriers to entry, thus new competitors
frequently enter the market. We believe that existing and new competitors will continue to improve their services and introduce new services
with competitive pricing and performance characteristics. In periods of reduced demand for our services, we can either choose to maintain
market share by reducing our prices to attract new customers, or maintain prices, which would likely reduce market share. Sales and overall
profitability could be reduced in either case.

4

Future
Plans

In
accordance with the marketing strategy of the Company, we have been further upgraded in the development direction of the project, with
the two Wechat applications, ZCZX and LSM, and three directions, Xin Beauty, Xin Food, Xin Farm, to build a health industry chain. It
is our goal to optimize the efficiency of city services and connect to residents by creating the online healthy e-commerce network in
China. We aim to be a promoter and participator of a ‘health beauty’ concept. At present, we solely focus on Changsha city,
but in the future, we plan to allocate funds to integrate online platform and new communication technology regionally. And we expect
to reach more than 500 million users on our platform and expand to 300 cities throughout Mainland China in the next three to five years.

However,
without an appropriate budget and intensive research, plans referring to development, expansion, potential unidentified acquisitions
and concrete timescales cannot be determined at present.

Government
regulation

We
are subject to the laws and regulations of the