Company: YIBO
Filing Date: 2025-06-03
Form Type: F-3
Source: 0001213900-25-050771
Chunk: 53

Company: Planet Image International Ltd
Filing Date: 2025-06-03
Form: F-3
Chunk 53
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 of the securities laws of the United States or any State will be determined by the courts of the Cayman Islands
penal or punitive in nature. If such a determination is made, the courts of the Cayman Islands will not recognize or enforce the judgment
against a Cayman Islands company, such as our Company. Because such a determination in relation to judgments obtained from U.S. courts
under civil liability provisions of U.S. securities laws has not yet been made by a court of the Cayman Islands, it is uncertain whether
such judgments would be enforceable in the Cayman Islands. A Cayman Islands court may stay enforcement proceedings if concurrent proceedings
are being brought elsewhere.

JunHe LLP, our counsel as to Mainland PRC law,
has advised us that there is uncertainty as to whether Mainland PRC courts would (i) recognize or enforce judgments of United States courts
obtained against us or our directors or officers predicated upon the civil liability provisions of the securities laws of the United States
or any state in the United States, or (ii) entertain original actions brought in each respective jurisdiction against us or our directors
or officers predicated upon the securities laws of the United States or any state in the United States.

JunHe LLP has further advised us that the PRC
Civil Procedures Law governs the recognition and enforcement of foreign judgments. Mainland PRC courts may recognize and enforce foreign
judgments in accordance with the PRC Civil Procedures Law based either on treaties between Mainland China and the country where the judgment
is made or on principles of reciprocity between jurisdictions.

The PRC does not have any treaties or other agreements
with the United States or the Cayman Islands that provide for the reciprocal recognition and enforcement of foreign judgments. In addition,
according to the PRC Civil Procedures Law, courts in Mainland PRC will not enforce a foreign judgment against us or our directors and
officers if they determine that the judgment violates the basic principles of Mainland PRC law or national sovereignty, security, or public
interest. As a result, it is uncertain whether a Mainland PRC court would enforce a judgment rendered by a court in the United States
or the Cayman Islands. Under the PRC Civil Procedures Law, foreign shareholders may originate actions based on Mainland PRC law against
us in Mainland PRC, if they can establish sufficient nexus to Mainland PRC for a Mainland PRC court to have jurisdiction, and meet other
procedural requirements, including