Company: XHG
Filing Date: 2025-01-22
Form Type: 20-F
Source: 0001213900-25-005499
Chunk: 99

Company: XChange TEC.INC
Filing Date: 2025-01-22
Form: 20-F
Item: Item 4
Chunk 99
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, or other organizations shall, whether published
or not, enjoy copyright in their works, which include, among others, works of literature, art, natural science, social science, engineering
technology and computer software. The purpose of the Copyright Law aims to encourage the creation and dissemination of works which is
beneficial for the construction of socialist spiritual civilization and material civilization and promotes the development and prosperity
of Chinese culture.

Pursuant to the Computer Software Protection
Regulations, as promulgated by the State Council on December 20, 2001, and most recently amended on January 30, 2013, Chinese citizens,
legal persons and other organizations shall enjoy copyright on the software they develop, regardless of whether the software has been
released publicly. Software copyright commences from the date on which the development of the software is completed. The protection period
for software copyright of a legal person or other organizations shall be 50 years, concluding on December 31 of the 50th year after the
software’s initial release. In order to further implement the Computer Software Protection Regulations, the State Copyright Bureau
issued the Regulations for Computer Software Copyright Registration Procedures on February 20, 2002, which apply to software copyright
registration, license contract registration and transfer contract registration.

The Trademark Law

Trademarks are protected by the Trademark Law
of the People’ Republic of China (2013 Revision) which was promulgated on August 23, 1982 and subsequently amended on February
22, 1993, October 27, 2001 and August 30, 2013 respectively as well as the Implementation Regulation of the PRC Trademark Law adopted
by the State Council on August 3, 2002 and further amended on April 29, 2014. In China, registered trademarks include commodity trademarks,
service trademarks, collective trademarks and certification trademarks.

The Trademark Office under the SAMR, handles
trademark registrations and grants a term of ten years to registered trademarks. Trademarks are renewable every ten years where a registered
trademark needs to be used after the expiration of its validity term. A registration renewal application shall be filed within 12 months
prior to the expiration of the term. A trademark registrant may license its registered trademark to another party by entering into a
trademark license contract. Trademark license agreements must be filed with the Trademark Office to be recorded. The licensor shall supervise
the quality of the commodities on which the trademark is used, and