Company: FEBO
Filing Date: 2025-05-14
Form Type: 20-F
Source: 0001641172-25-010075
Chunk: 85

Company: Fenbo Holdings Ltd
Filing Date: 2025-05-14
Form: 20-F
Item: Item 4
Chunk 85
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 a Unified System
of the Basic Pension Insurance for Enterprise Employees, the Circular on Relevant Issues concerning the Improvement of the Basic Pension
Insurance Policy for Urban Employees, the Regulation on Work-related Injury Insurance, the Regulation on Unemployment Insurance, the Decision
of the State Council on Establishing the Basic Medical Insurance System for Urban Employees, the Circular on the Issuance of Provisions
on the Administration of Basic Medical Insurance for Urban Employees, and the Trial Measures on Maternity Insurance for Enterprise Employees.

Laws and Regulations Relating
to Intellectual Property Rights

Pursuant to the Trademark Law
of the PRC (the “ Trademark Law”), the right to exclusive use of a registered trademark shall be limited to trademarks which
have been registered and to goods for which the use of trademark has been permitted. The period of validity of a registered trademark
shall be ten years, counted from the day the registration is made. According to the Trademark Law, (i) using a trademark that is identical
to a registered trademark on the same goods without the authorization of the owner of the registered trademark; (ii) using a trademark
that is similar to a registered trademark on the same goods or (iii) using a trademark that is identical with or similar to a registered
trademark on similar goods without the authorization of the owner of the registered trademark, which is likely to cause confusion, shall
be deemed to constitute an infringement of the exclusive right to use a registered trademark. The infringer shall, in accordance with
the regulations, undertake to cease the infringement, take remedial action, and pay damages.

Laws and Regulations Relating
to Foreign Exchange

Foreign Currency Exchange. The principal regulation governing foreign currency exchange in the PRC is the Regulation of the PRC for the Control of Foreign Exchange
(the “ Foreign Exchange Regulation”). Under the regulation, RMB are freely convertible for payments of current account items,
such as trade and service-related foreign exchange transactions and dividend payments, but are not freely convertible for capital expenditure,
such as direct investment, loans, or investments in securities, outside the PRC unless the approval of the State Administration of Foreign
Exchange (the “ SAFE”) or its local counterpart is obtained in advance.

According to the Notice on Further
Improving and Adjusting Management Policies on Foreign Exchange of Direct Investment, in relation to direct foreign investments in the
PRC, foreign investors are no longer required to obtain approval from the SAFE to re-invest in the PRC by using income legally generated
from the