Company: ATMCW
Filing Date: 2025-11-17
Form Type: DEFM14A
Source: 0001493152-25-023842
Chunk: 110

Company: ALPHATIME ACQUISITION CORP
Filing Date: 2025-11-17
Form: DEFM14A
Chunk 110
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 failure to transparently and consistently implement our ESG strategy across operational, underwriting and investment activities may adversely impact our financial condition and reputation and may negatively impact our stakeholders, who all have expectations, concerns and aims related to ESG matters, which may differ, both within and across the markets in which we operate. In our investment activities, our stakeholders increasingly have expectations of, and place reliance on, an approach to responsible investment that demonstrates how ESG considerations are effectively integrated into investment decisions and the performance of fiduciary and stewardship duties. These duties include effective implementation of exclusions, voting and active engagement decisions with respect to investee companies, as both an asset owner and an asset manager, in line with internally defined procedures and external commitments.

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We rely on the experience and expertise of our senior management team, key technical and operations employees and other highly skilled personnel and sales force, and a lack of ability to attract, motivate and retain talented professionals may adversely affect our business, financial condition and results of operations.

The success of our business is dependent in part on our ability to attract and retain key personnel, including management personnel and technical personnel, who have in-depth knowledge and understanding of the insurance markets in which we operate. In Hong Kong, we are also required by law to hire a minimum percentage of domestic talent or recruit local personnel for certain key roles. We cannot assure you that we will be able to attract and retain qualified personnel or that our senior management or other key personnel will not retire or otherwise leave us at any time. As of the date of this prospectus, we have 10 employees, which consists of one officer, seven technical representatives, one accountant and one administrative staff. We also engage six corporate referrers, which help us source customers.

Regarding our corporate referrer relationships, we source our customers via corporate referrers and walk-ins. We do not recruit any sales personnel to source customers. We then service our clients with our technical personnel. Overall, we utilize six corporate referrers that provide introductions to potential customers. We engage in referrer agreements with each referrer and pay a referral fee to each such referrer if a customer that is introduced by them purchases a product from one of the agencies we partner with.

We face competition to attract management and technical personnel and build long-term relationships with corporate referrers. We compete with other insurance brokers for the referrals of our corporate referrers on the basis of our reputation, product range, and commission fees offered to the corporate referrers.