Company: IDVV
Filing Date: 2025-08-12
Form Type: 10-12G/A
Source: 0001683168-25-005941
Chunk: 33

Company: ModuLink Inc.
Filing Date: 2025-08-12
Form: 10-12G/A
Chunk 33
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 evolving very quickly with rapid developments. We face competition in the home building industry, which is characterized
by relatively low barriers to entry. Homebuilders compete for, among other things, home buying customers, desirable land parcels, financing,
raw materials, and skilled labor. Increased competition may prevent us from acquiring attractive land parcels on which to build homes,
apartments, townhomes, condominiums, or deliver finished lots, or make such acquisitions more expensive, hinder our market share expansion,
or lead to pressures that may adversely impact on our margins and revenues. Competitors may independently develop land and construct housing
units that are superior or substantially similar to our products and because they are or may be significantly larger, have a longer operating
history, and have greater resources or lower cost of capital than us, may be able to compete more effectively in one or more of the markets
in which we operate or plan to operate. We also compete with other homebuilders that have longer-standing relationships with subcontractors
and suppliers in the markets in which we operate or plan to operate.

The building construction
industry is highly fragmented while the direct competitors in the MiC technology market in which we focus in are in the early phase of
development across America, Europe, Australia and Asia except Greater China. However, we believe in modular construction technology by
leveraging Modular Integrated Construction (MiC), Atmospheric Water Generators (AWG), and Internet of Things (IoT) technology enhanced
by AI would redefine property development. The principal competitive factors in our market include the following:

| · | Rising Demand for Sustainable and Eco-Friendly Buildings          |
| · | Urbanization and the Need for Affordable Housing                  |
| · | Advancements in Smart Technology and IoT Adoption                 |
| · | Water Scarcity and the Need for Sustainable Water Solutions       |
| · | Efficiency and Cost-Effectiveness of Modular Construction (MiC)   |
| · | Increasing Focus on Health and Wellness in Building Design        |
| · | Technological Advancements and Reduced Costs of IoT and AWG       |
| · | Increased Investment in Smart City Initiatives                    |
| · | Growing Popularity of Resilient and Disaster-Proof Infrastructure |

| 15 |

Although we believe we compete
favorably on the factors described above, we anticipate that larger, more established companies may directly compete with us as we continue
to demonstrate the viability of a local one-stop solution provider. Many of our current and potential competitors have longer operating
histories, significantly greater financial, technical