Company: XHG
Filing Date: 2025-10-29
Form Type: F-3/A
Source: 0001213900-25-103499
Chunk: 94

Company: XChange TEC.INC
Filing Date: 2025-10-29
Form: F-3/A
Chunk 94
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 which the debt securities are denominated or designated to be payable      
 or by reference to a commodity, commodity index, stock exchange index or financial index;                                                   |

| ● | any provisions relating to                     
 any security provided for the debt securities; |

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| ● | any addition to or change in                                                                                                                 
 the events of default described in the indenture with respect to the debt securities and any change in the acceleration provisions described 
 in the indenture with respect to the debt securities;                                                                                        |

| ● | any addition to or change in                                                  
 the covenants described in the indenture with respect to the debt securities; |

| ● | whether the debt securities                                                 
 will be senior or subordinated and any applicable subordination provisions; |

| ● | a discussion of material income                       
 tax considerations applicable to the debt securities; |

| ● | any other terms of the debt                                                                    
 securities, which may modify any provisions of the indenture as it applies to that series; and |

| ● | any depositaries, interest                                                                                     
 rate calculation agents, exchange rate calculation agents or other agents with respect to the debt securities. |

We may issue debt securities that are exchangeable
for and/or convertible into Class A ordinary shares or preferred shares. The terms, if any, on which the debt securities may be exchanged
and/or converted will be set forth in the applicable prospectus supplement. Such terms may include provisions for exchange or conversion,
which can be mandatory, at the option of the holder or at our option, and the manner in which the number of Class A ordinary shares, preferred
shares or other securities to be received by the holders of debt securities would be calculated.

We may issue debt securities that provide for
an amount less than their stated principal amount to be due and payable upon declaration of acceleration of their maturity pursuant to
the terms of the indenture. We will provide you with information on the U.S. federal income tax considerations, and other special considerations
applicable to any of these debt securities in the applicable prospectus supplement. If we denominate the purchase price of any of the
debt securities in a foreign currency or currencies or a foreign currency unit or units, or if the principal of and any premium and interest
on any series of debt securities is payable in a foreign currency or currencies or a foreign currency unit or units, we will provide you
with information on the restrictions, elections, specific terms and other information with respect to that issue of debt securities and
such