Company: LDDD
Filing Date: 2025-09-26
Form Type: 10-K
Source: 0001213900-25-091988
Chunk: 107

Company: Longduoduo Co Ltd
Filing Date: 2025-09-26
Form: 10-K
Item: Item 1A
Chunk 107
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 shares.

The
U.S. government, including the SEC, has made statements and taken certain actions that led to changes to United States and international
relations, and will impact companies with connections to the United States or China, including imposing several rounds of tariffs affecting
certain products manufactured in China, imposing certain sanctions and restrictions in relation to China and issuing statements indicating
enhanced review of companies with significant China-based operations. It is unknown whether and to what extent new legislation, executive
orders, tariffs, laws or regulations will be adopted, or the effect that any such actions would have on companies with significant connections
to the U.S. or to China, our industry or on us. Any unfavorable government policies on cross-border relations and/or international trade,
including increased scrutiny on companies with significant China-based operations, capital controls or tariffs, may affect our ability
to raise capital and the market price of our shares.

Furthermore,
the SEC has issued statements primarily focused on companies with significant China-based operations, such as us. For example, on July
30, 2021, Gary Gensler, Chairman of the SEC, issued a Statement on Investor Protection Related to Recent Developments in China, pursuant
to which Chairman Gensler stated that he has asked the SEC staff to engage in targeted additional reviews of filings for companies with
significant China-based operations. The statement also addressed risks inherent in companies with a Variable Interest Entity, or a VIE
structure. We do not have a VIE structure and are not in an industry that is subject to foreign ownership limitations by China. Further,
we believe that we have robust disclosures relating to our operations in China, including the relevant risks noted in Chairman Gensler’s
statement. However, it is possible that the Company’s periodic reports and other filings with the SEC may be subject to enhanced
review by the SEC and this additional scrutiny could affect our ability to effectively raise capital in the United States.

In
response to the SEC’s July 30 statement, the China Securities Regulatory Commission (CSRC) announced on August 1, 2021, that “it
is our belief that Chinese and U.S. regulators shall continue to enhance communication with the principle of mutual respect and cooperation,
and properly address the issues related to the supervision of China-based companies listed in the U.S. so as to form stable policy expectations
and create benign rules framework for the market.” While the CSRC will continue to collaborate “closely with different stakeholders
including investors, companies, and relevant authorities