Company: LDDD
Filing Date: 2025-09-26
Form Type: 10-K
Source: 0001213900-25-091988
Chunk: 106

Company: Longduoduo Co Ltd
Filing Date: 2025-09-26
Form: 10-K
Item: Item 1A
Chunk 106
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 fraud or knowing violation of law, or unlawful payments of dividends. These provisions
may discourage shareholders from bringing a lawsuit against a director or officer for breach of fiduciary duty and may reduce the likelihood
of derivative litigation brought by shareholders on the Company’s behalf against a director or officer. 

Our
management has limited experience managing a public company.

At
the present time, our management has limited experience in managing a public company. This may hinder our ability to establish effective
controls and systems and comply with all applicable requirements associated with being a public company. If compliance problems result,
these problems could have a material adverse effect on our business, financial condition or results of operations. As a public company,
we will incur significant legal, accounting and other expenses that we did not incur as a private company. In addition, the Sarbanes-Oxley
Act of 2002, or Sarbanes-Oxley Act, and the Dodd-Frank Act of 2010, as well as rules subsequently implemented by the SEC, have imposed
various requirements on public companies, including requiring changes in corporate governance practices. Our management and other personnel
will need to devote a substantial amount of time to our new compliance requirements. Moreover, these requirements will increase our legal,
accounting and financial compliance costs and will make some activities more time-consuming and costly. For example, we expect it will
be difficult and expensive for us to obtain director and officer liability insurance. These requirements could also make it more difficult
for us to attract and retain qualified persons to serve on our board of directors, our board committees or as executive officers.

We
may have difficulty establishing adequate management, legal and financial controls in the PRC.

We
may have difficulty in hiring and retaining a sufficient number of qualified employees to serve as our management staff. As a result
of these factors, we may experience difficulty in establishing management, legal and financial controls, collecting financial data and
preparing financial statements, books of account and corporate records and instituting business practices that meet western standards.
Therefore, we may, in turn, experience difficulties in implementing and maintaining adequate internal controls as will be required under
Section 404 of the Sarbanes Oxley Act of 2002. 

16

Risks
Related to Doing Business in the PRC

Changes
in United States and China relations, as well as relations with other countries, and/or regulations may adversely impact our business,
our operating results, our ability to raise capital and the market price of our