What changed in this filing

/stocks — the workspaceLOADING

Item 1B. Unresolved Staff Comments

2026-03-30 compared with 2025-04-09 · 37 added, 33 removed, 11 unchanged (86% of the section changed)

UNRESOLVED STAFF COMMENTS

Not applicable.

CYBERSECURITY

management and strategy

recognize the critical importance of developing, implementing, and maintaining robust cybersecurity measures to safeguard our information

systems and protect the confidentiality, integrity, and availability of our data.

Material Risks & Integrated Overall Risk Management

have strategically integrated cybersecurity risk management into our broader risk management framework to promote a company-wide culture

of cybersecurity risk management.

Risk management and strategy

the critical importance of developing, implementing, and maintaining robust cybersecurity measures to safeguard our information systems

and protect the confidentiality, integrity, and availability of our data.

Managing Material Risks

& Integrated Overall Risk Management

strategically integrated cybersecurity risk management into our broader risk management framework to promote a company-wide culture of

cybersecurity risk management.

This integration ensures that cybersecurity considerations are an integral part of our decision-making

2 unchanged sentences

objectives and operational needs.

Third-Party Risk

Oversee Third-Party Risk

we are aware of the risks associated with third-party service providers, we have implemented stringent processes to oversee and manage

We conduct thorough security assessments of all third-party providers before engagement and maintain ongoing monitoring

to ensure compliance with our cybersecurity standards.

these risks .

We conduct thorough security assessments of all third-party providers before engagement and maintain ongoing monitoring to

ensure compliance with our cybersecurity standards.

The monitoring includes annual assessments of the system and organization controls

2 unchanged sentences

or other security incidents originating from third parties.

from Cybersecurity Threats

have not encountered cybersecurity challenges that have materially impaired our operations or financial standing during the financial

year ended December 31, 2024.

We will continue to monitor and assess our cybersecurity risk management program as well as invest in and

seek to improve such systems and processes as appropriate.

If we were to experience a material cybersecurity incident in the future,

such an incident may have a material effect, including on our operations, business strategy, operating results, or financial condition.

For more information regarding cybersecurity risks that we face and potential impacts on our business related thereto, see the section

titled “ Risk Factors ” in Part I, Item 1A of this Annual Report on Form 10-K.

board of directors is responsible for monitoring and assessing strategic risk exposure.

Our board of directors administers its cybersecurity

risk oversight function directly as a whole, as well as through the Audit Committee.

Our executive management team informs our Audit

Committee on cybersecurity risks on a regular basis, at least once per year.

Audit Committee is primarily responsible for assisting our board of directors in fulfilling its ultimate oversight responsibilities relating

to risk assessment and management, including relating to cybersecurity and other information technology risks.

The Audit Committee oversees

management’s implementation of our cybersecurity risk management program, including processes and policies for determining risk

tolerance, and reviews management’s strategies for adequately mitigating and managing identified risks, including risks relating

to cybersecurity threats.

cybersecurity coordinator is responsible for assessing and managing our material risks from cybersecurity threats, in close collaboration

with our IT team and reports to our CEO.

This ensures that the senior management are kept abreast of the cybersecurity posture and potential

risks faced by our group.

Risks from Cybersecurity Threats

We have not encountered cybersecurity

challenges that have materially impaired our operations or financial standing during the financial year ended December 31, 2025.

continue to monitor and assess our cybersecurity risk management program as well as invest in and seek to improve such systems and processes

as appropriate.

If we were to experience a material cybersecurity incident in the future, such an incident may have a material effect,

including on our operations, business strategy, operating results, or financial condition.

For more information regarding cybersecurity

risks that we face and potential impacts on our business related thereto, see the section titled “ Risk Factors ” in

Part I, Item 1A of this Annual Report on Form 10-K.

Our board of directors is responsible

for monitoring and assessing strategic risk exposure.

Our board of directors administers its cybersecurity risk oversight function directly

as a whole, as well as through the Audit Committee.

Our executive management team informs our Audit Committee on cybersecurity risks on

a regular basis, at least once per year.

The Audit Committee is primarily

responsible for assisting our board of directors in fulfilling its ultimate oversight responsibilities relating to risk assessment and

management, including relating to cybersecurity and other information technology risks.

The Audit Committee oversees management’s

implementation of our cybersecurity risk management program, including processes and policies for determining risk tolerance, and reviews

management’s strategies for adequately mitigating and managing identified risks, including risks relating to cybersecurity threats.

Our cybersecurity coordinator

is responsible for assessing and managing our material risks from cybersecurity threats, in close collaboration with our IT team and reports

This ensures that the senior management are kept abreast of the cybersecurity posture and potential risks faced by our group.

Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.

What changed 10-K

Item 1B. Unresolved Staff Comments