Company: LHI
Filing Date: 2025-09-29
Form Type: F-1/A
Source: 0001213900-25-092499
Chunk: 103

Company: Living Homeopathy International Ltd.
Filing Date: 2025-09-29
Form: F-1/A
Chunk 103
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 total ordinary shares on an as converted basis.

Pursuant to a board resolution
dated August 28, 2024, on September 10, 2024, LTO transferred a total of 4,320,000 Class A Ordinary Shares and 480,000 Class B Ordinary
Shares to several individuals and entities at $1.2 per share, representing 48% of total Ordinary Shares on an as converted basis of the
Company prior to the completion of this offering. See “Principal Shareholder” on page 100 of this prospectus for details.

The Company, together with its
wholly-owned subsidiaries, is effectively controlled by the same shareholder, Mr. To, who, through LTO, owns 100% of total Ordinary Shares
of the Company before the share transfer and 52% of total Ordinary Shares of the Company after the share transfer.

Corporate Structure

The following diagram illustrates our corporate structure as of the date of this prospectus:

<div align='center'>55

MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS</div>

The following management’s discussion and analysis of financial condition and results of operations contains forward-looking statements which involve risks and uncertainties. Our actual results could differ materially from those anticipated in these forward-looking statements as a result of certain factors, including those set forth under “Risk Factors” and elsewhere in this prospectus. We assume no obligation to update forward-looking statements or the risk factors. You should read the following discussion in conjunction with our consolidated financial statements and related notes included elsewhere in this prospectus.

Overview

We are an exempted company with limited liability incorporated under the laws of the Cayman Islands on May 7, 2024 as a holding company. We through our subsidiary in Hong Kong, offers customers an extensive array of healthcare products, personal care products and water filters and related products. We offer personalized healthcare products to address the unique needs of customers. We sell homeopathic co-remedies, homeopathic remedies, water filters and related products to individuals and distributor in Hong Kong and Macau.

In connection with its proposed initial public offering, the Company undertook a reorganization of its legal structure (the “Reorganization”). The Reorganization involved:

| (i) | On                                                                                           
 May 7, 2024, the Company was incorporated in the Cayman Islands with limited liability and   
 authorized share capital of $50,000 divided into 50,000 of a par value of $1 each. On