Company: JWEL
Filing Date: 2025-05-09
Form Type: 20-F
Source: 0001213900-25-041556
Chunk: 1

Company: Jowell Global Ltd.
Filing Date: 2025-05-09
Form: 20-F
Item: Item 3
Chunk 1
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 On February 15, 2022, Cybersecurity Review Measures published by Cyberspace Administration of China or the CAC, National
Development and Reform Commission, Ministry of Industry and Information Technology, Ministry of Public Security, Ministry of State Security,
Ministry of Finance, Ministry of Commerce, People’s Bank of China, State Administration of Radio and Television, China Securities
Regulatory Commission, State Secrecy Administration and State Cryptography Administration became effective, which provides that, Critical
Information Infrastructure Operators (“ CIIOs”) that intend to purchase internet products and services and Online Platform
Operators engaging in data processing activities that affect or may affect national security shall be subject to the cybersecurity review
by the Cybersecurity Review Office. On September 24, 2024, the State Council published the Administration Measures for Cyber Date Security, or the “ Cyber Data Security
Measure”, which requires cyber data processors to file a national security review if their cyber data processing activities affect
or may affect national security. On February
24, 2023, the CSRC released the Provisions on Strengthening Confidentiality and Archives Administration of Overseas Securities Offering
and Listing by Domestic Companies, which became effective on March 31, 2023 and provide that a domestic company that seeks to offer and
list its securities in a overseas market shall strictly abide by applicable PRC laws and regulations, enhance legal awareness of keeping
state secrets and strengthening archives administration, institute a sound confidentiality and archives administration system, and take
necessary measures to fulfill confidentiality and archives administration obligations. On July 7, 2022, CAC promulgated the Measures for
the Security Assessment of Data Cross-border Transfer, effective on September 1, 2022, which requires the data processors to apply for
data cross-border security assessment coordinated by the CAC under the following circumstances: (i) any data processor transfers important
data to overseas; (ii) any critical information infrastructure operator or data processor who processes personal information of over 1
million people provides personal information to overseas; (iii) any data processor who provides personal information to overseas and has
already provided personal information of more than 100,000 people or sensitive personal information of more than 10,000 people to overseas
since January 1st of the previous year; and (iv) other circumstances under which the data cross-border transfer security assessment
is required as prescribed by the CAC. On February 17, 2023, the CSRC released the Trial Administrative Measures of Overse