Company: DTSQ
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001417
Chunk: 1034

Company: DT Cloud Star Acquisition Corp
Filing Date: 2025-03-31
Form: 10-K
Item: Item 9A
Chunk 1034
---
 company or its subsidiaries or any other individual having
a relationship, which, in the opinion of the company’s board of directors would interfere with the director’s exercise of
independent judgment in carrying out the responsibilities of a director. Our Independent Directors will have regularly scheduled meetings
at which only independent directors are present.

We
will only enter into a business combination if it is approved by a majority of our independent directors. Additionally, we will only
enter into transactions with our officers and directors and their respective affiliates that are on terms no less favorable to us than
could be obtained from independent parties. Any related-party transactions must also be approved by our audit committee and a majority
of disinterested independent directors.

Committees
of the Board of Directors 

Our
board of directors has three standing committees: an audit committee, a corporate governance and nominating committee and a compensation
committee. Subject to phase-in rules and a limited exception, the rules of the Nasdaq and Rule 10A-3 of the Exchange Act require that
the audit committee of a listed company be comprised solely of independent directors.

Subject
to phase-in rules and a limited exception, the rules of the Nasdaq require that the compensation committee and the nominating committee
of a listed company be comprised solely of independent directors.

Audit
Committee 

We
have established an audit committee of the board of directors. Mr. Shaoke Li, Mr. Chi Zhang and Ms. Longjiao Li serve as members of our
audit committee. Our board of directors has determined that each of Mr. Shaoke Li, Mr. Chi Zhang and Ms. Longjiao Li are independent
under the Nasdaq listing standards and applicable SEC rules. Mr. Shaoke Li serves as the Chairperson of the audit committee. Under the
Nasdaq listing standards and applicable SEC rules, all the directors on the audit committee must be independent. Each member of the audit
committee is financially literate and our board of directors has determined that Mr. Shaoke Li qualifies as an “audit committee
financial expert” as defined in applicable SEC rules.

The
audit committee’s duties, which are specified in our Audit Committee Charter, include, but are not limited to:

    ●
    reviewing
    and discussing with management and the independent auditor the annual audited financial statements, and recommending to the board
    whether the audited financial statements should be included in our Form 10-K;

    ●
    discussing
    with management and the independent auditor significant financial reporting issues and