Company: JWEL
Filing Date: 2025-05-09
Form Type: 20-F
Source: 0001213900-25-041556
Chunk: 18

Company: Jowell Global Ltd.
Filing Date: 2025-05-09
Form: 20-F
Item: Item 4
Chunk 18
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. The
material terms of the Love Home Health Franchise Store Contract with such store owners/franchisees include: (i) Shanghai Juhao will provide
training to franchisee, which should pass the examination of Shanghai Juhao to be qualified as an authorized store; (ii) the franchisee
shall obtain the business license, tax registration certificate and other relevant certificates required for operation according to law
at its own costs; (iii) the franchisee shall abide by the rules and policies issued by Shanghai Juhao; (iv) during the term of the agreement,
the franchisee may use Shanghai Juhao’s trademark and service mark and Shanghai Juhao authorizes the franchisee to sell the products
or services of Shanghai Juhao; (v) Shanghai Juhao may inspect the operation of the franchisee from time to time; (vi) during the term
of the agreement, the franchisee’s store structure, internal and external decoration shall comply with the standards set by Shanghai
Juhao; (vii) the franchisee shall purchase the products from Shanghai Juhao for at least RMB 4,000 every two months; (viii) the franchisee
shall sell the products (or provide services) at the price specified by Shanghai Juhao; (ix) the franchisee shall not transfer the operation
right without authorization of Shanghai Juhao, and shall not conduct business beyond its authorized territory (the area within 1.5 km
radius of the address of the franchisee); (x) the franchisee will receive a 20% discount of the retail price of the products sold directly
on the LHH mall members; and (xi) the term of the agreement is usually one year subject to renewal.

Third-party Merchants. We hold an
EDI certificate approved by Shanghai Bureau of Communication Management pursuant to the requirement of the Ministry of Industry and Information
Technology of the People’s Republic of China (“ MIIT”), which allows our online shopping mall to accept third-party platforms
and companies to open their stores on our platform and to enrich the product categories of our shopping mall and give consumers more choices.
The material terms of the Juhao Mall Marketplace and Service Agreement for third-party stores in Juhao Mall with such store owners include:
(i) the third-party store/merchant is responsible for stores set-up, sales, inventory management, logistics and after-sales services and
Shanghai Juhao will provide assistance and charge relevant service fees; (ii