Company: SCAG
Filing Date: 2025-11-12
Form Type: 20-F
Source: 0001213900-25-109190
Chunk: 61

Company: Scage Future
Filing Date: 2025-11-12
Form: 20-F
Item: Item 3
Chunk 61
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 shares, or any value for them at all, if it is unlawful or impracticable for us to make them available to
such holders.

The depositary bank of the
Company ADSs has agreed to pay holders of Company ADSs the cash dividends or other distributions it or the custodian for the Company
ADSs receives on Ordinary Shares or other deposited securities after deducting its fees and expenses in accordance with the deposit agreement.
Holders of Company ADSs will receive these distributions in proportion to the number of the underlying Ordinary Shares that their Company
ADSs represent. However, the depositary bank is not responsible if it is unlawful or impracticable to make a distribution available to
any holders of Company ADSs. For example, it would be unlawful to make a distribution to a holder of Company ADSs if it consists of securities
that require registration under the Securities Act but such securities are not properly registered or distributed pursuant to an applicable
exemption from registration. The depositary bank is not responsible for making a distribution available to any holders of Company ADSs
if any government approval or registration is required for such distribution. We has no obligation to take any other action to permit
the distribution of the Company ADSs, equity shares, rights or anything else to holders of the Company ADSs. This means that holders
of Company ADSs might not receive the distributions that we makes on its Ordinary Shares or any value for them at all if it is unlawful
or impracticable for us to make them available to you.

Your rights to pursue claims against the
depositary bank as a holder of ADSs are limited by the terms of the deposit agreement.

Under the deposit agreement,
any action or proceeding against or involving the depositary, arising out of or based upon the deposit agreement or the transactions
contemplated thereby or by virtue of owning the ADSs may only be instituted in the United States District Court for the Southern District
of New York (or, if the United States

District Court for the Southern
District of New York lacks subject matter jurisdiction over a particular dispute, the state courts in New York County, New York), and
you, as a holder of Company ADSs, will have irrevocably waived any objection which you may have to the laying of venue of any such proceeding,
and irrevocably submitted to the exclusive jurisdiction of such courts in any such action or proceeding. Accepting or consenting to this
forum selection provision does not represent you are waiving compliance with the U. S.