Company: FEBO
Filing Date: 2025-05-14
Form Type: 20-F
Source: 0001641172-25-010075
Chunk: 29

Company: Fenbo Holdings Ltd
Filing Date: 2025-05-14
Form: 20-F
Item: Item 3
Chunk 29
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 and other countries, result in fines or penalties or cause our costs of compliance
to increase. We cannot guarantee that our products will receive regulatory approval in all countries. Some of our personal care electronic
appliances require various safety certifications, including UL certifications. Significant new certification requirements or changes to
existing certification requirements could further delay or interrupt distribution of our products or make them more costly to produce.

We are not able to predict the
nature of potential changes to, or enforcement of laws, regulations, product certification requirements, repeals, or interpretations.
Nor are we able to predict the impact that any of these changes would have on our business in the future. Further, if we were found to
be noncompliant with applicable laws and regulations in these or other areas, we could be subject to governmental or regulatory actions,
including fines, import detentions, injunctions, product withdrawals or recalls or asset seizures, any of which could have a material
adverse effect on our business, results of operations and financial condition.

Our business may be adversely impacted by product
defects or other quality issues.

Product defects or other quality
issues can occur throughout the product development, design and manufacturing processes. Any product defects or any other failure of
our products or substandard product quality could harm our reputation and result in adverse publicity, lost revenues, delivery delays,
product recalls, relationships with our network partners and other business partners, product liability claims, administrative penalties,
harm to our brand and reputation and significant warranty and other expenses, and could have a material adverse impact on our business,
financial condition, operating results and prospects.

  19  

Our Operating Subsidiaries’ business and
operations may be materially and adversely affected in the event of a re-occurrence or a prolonged global pandemic outbreak of COVID-19.

The global pandemic outbreak of
COVID-19 announced by the World Health Organization in early 2020 has disrupted our Operating Subsidiaries’ operations and the operations
of their customers, suppliers and/or sub-contractors. If the development of the COVID-19 outbreak becomes more severe or new and more
deadly variants occur resulting in more stringent regulatory measures being taken, such as complete lockdowns, our Operating Subsidiaries
may be forced to close down their businesses after any prolonged disruptions to their operations, and our Operating Subsidiaries may experience
a termination of certain of their contracts by their customer. In such event, our Operating Subsidiaries’ operations may be severely
disrupted,