Company: XHG
Filing Date: 2025-10-29
Form Type: F-3/A
Source: 0001213900-25-103499
Chunk: 101

Company: XChange TEC.INC
Filing Date: 2025-10-29
Form: F-3/A
Chunk 101
---
 evidence relevant to the action is submitted prior to the rendering of the judgment
by the courts of the Cayman Islands, and (f) there is due compliance with the correct procedures under the laws of the Cayman Islands.
A Cayman Islands Court may stay enforcement proceedings if concurrent proceedings are being brought elsewhere.

Beijing Kingdom Law Firm has further advised us
that the recognition and enforcement of foreign judgments are provided for under the PRC Civil Procedures Law. PRC courts may recognize
and enforce foreign judgments in accordance with the requirements, public policy considerations and conditions set forth in applicable
provisions of PRC laws relating to the enforcement of civil liability, including the PRC Civil Procedures Law, based either on treaties
between China and the country where the judgment is made or on principles of reciprocity between jurisdictions. In addition, according
to the PRC Civil Procedures Law, courts in the PRC will not enforce a foreign judgment against us or our directors and officers if they
decide that the judgment violates the basic principles of PRC law or national sovereignty, security or public interest. As a result, it
is uncertain whether and on what basis a PRC court would enforce a judgment rendered by a court in the U.S. or the Cayman Islands.

<div align='center'>53

LEGAL MATTERS</div>

Except as otherwise set forth in the applicable
prospectus supplement, certain legal matters in connection with the securities offered pursuant to this prospectus will be passed upon
for us by ArentFox Schiff LLP our special United States counsel, to the extent governed by the laws of the State of New York, and by Conyers
Dill & Pearman, our special legal counsel as to Cayman Islands law, to the extent governed by the laws of the Cayman Islands. Legal
matters as to PRC law will be passed upon for us by Beijing Kingdom Law Firm, our counsel as to PRC law. If legal matters in connection
with offerings made pursuant to this prospectus are passed upon by counsel to underwriters, dealers or agents, such counsel will be named
in the applicable prospectus supplement relating to any such offering.

<div align='center'>EXPERTS</div>

The consolidated financial statements as of September
30, 2024 and 2023 and for the years ended September 30, 2024 and 2023 incorporated in this prospectus by reference to our annual report
on Form 20-F for the year ended September 30, 2024 have been