Company: JWEL
Filing Date: 2025-05-09
Form Type: 20-F
Source: 0001213900-25-041556
Chunk: 15

Company: Jowell Global Ltd.
Filing Date: 2025-05-09
Form: 20-F
Item: Item 4
Chunk 15
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1205,
Cayman Islands. Our agent for service of process in the United States is Cogency Global Inc. located at 122 East 42nd Street, 18th Floor,
New York, NY 10168. Investors should contact us for any inquiries through the address and telephone number of our principal executive
offices.

The SEC maintains a web site at www. sec. gov that
contains reports and other information regarding issuers that file electronically with the SEC using its EDGAR system.

See “ Item 5. Operating and Financial Review
and Prospects - B. Liquidity and Capital Resources - Capital Expenditures” for a discussion of our capital expenditures.

B. Business Overview

We are one of the leading cosmetics, health and
nutritional supplements and household products e-commerce platforms in China. We offer our own brand products to customers and also sell
and distribute health and nutritional supplements, cosmetic products and certain household products from other companies on our platform.
In addition, we allow third-parties to open their own stores on our platform for a service fee based upon their sale revenues generated
from their online stores and we provide them with our unique and valuable information about market needs, enabling them to better manage
their sales effort, as well as an effective platform to promote their brands. We currently operate under four sales channels: Online Direct
Sales, Authorized Retail Store Distribution, Third-party Merchants and Live streaming marketing.

Shanghai Juhao started its operation in 2012 and
is among the first group of membership-based online-to-offline cosmetics, health and nutritional supplements and household products e-commerce
platforms in China. Today, we offer an online platform LHH Mall through Shanghai Juhao which holds an EDI (Electronic Data Interchange)
certification approved by the Shanghai Communication Administration pursuant to the requirement of MIIT dated December 18, 2023 valid
for 5 years, selling our own brand products manufactured by third-parties as well as international and domestic branded products from
200+ manufacturers. As of December 31, 2024, our platform had 2,485,533 VIP members who have registered on our platform, 274 merchants
who have opened their own stores on our platform, and 52.6% of products sold on our platform were cosmetics and health and nutritional
supplements. We also sell household products, such as pots and pans, smartphones, functional shoes, paper towels, cups, vacuum cleaners,
massagers and towels on our platform