Company: MEGL
Filing Date: 2025-06-09
Form Type: F-1/A
Source: 0001641172-25-014301
Chunk: 41

Company: Magic Empire Global Ltd
Filing Date: 2025-06-09
Form: F-1/A
Chunk 41
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 sanctions impacting the region could have a material adverse effect on the global economy, and such effect could in turn have a material adverse effect on our business, financial condition, results of operations.

In light of the war in Ukraine, our board of directors will continue to monitor any potential risk that might arise due to the war in Ukraine which are specific to the Company, including but not limited to risks related to cybersecurity, sanctions, and supply chain, suppliers, or service providers in affected regions as well as risks connected with ongoing or halted operations or investments in affected regions.

<div align='center'>Risks Related to Doing Business in Jurisdictions We Operate</div>

All our operations are in Hong Kong. However, due to the long arm provisions under the current PRC laws and regulations, the Chinese government may exercise significant oversight and discretion over the conduct of our business and may intervene in or influence our operations at any time, which could result in a material change in our operations and/or the value of our shares. Changes in the policies, regulations, rules, and the enforcement of laws of the Chinese government may also be quick with little advance notice and our assertions and beliefs of the risk imposed by the PRC legal and regulatory system cannot be certain.

MEGL is a holding company and we conduct our operations through our operating subsidiaries in Hong Kong. Our operations are located in Hong Kong and we have no operation outside of Hong Kong. Some of our clients are PRC corporates who had principal
operations in the Mainland China. During the year ended December 31, 2024, we provided financial advisory and independent financial advisory
services and compliance advisory services to eight clients whose principal operations were located in the Mainland China, accounting for
approximately 18.8% of our total revenue. We provided financial advisory services to two clients who are PRC corporates pursuing listing
on the Nasdaq. They were required to register under the Trial Administrative Measures of Overseas Securities Offering and Listing by
Domestic Enterprises issued by the CSRC (“Trial Measures”) in relation to their offerings. Both of them have completed the
filing to the CSRC and obtained the approval from the CSRC. As of the date of this prospectus, our Group has no operation in Mainland
China and is not required to complete filing procedures with the CSRC pursuant to the requirements of the Trial Measures.

As at the date of this prospectus, we are not materially affected by recent statements by the Chinese Government indicating an extent to exert more oversight and control over