Item 1B. Unresolved Staff Comments
Item
1B.
Unresolved
Staff Comments
This item is inapplicable because we are a “smaller reporting company” as defined in Exchange Act Rule 12b-2.
Item
1C.
Cybersecurity
Policy
Our
management team, specifically our President and Chief Financial Officer, are responsible for the day-to-day administration of our business
operations, including our risk management of cybersecurity risks. Our management is responsible for the design and implementation of
policies, processes and internal controls to manage our cybersecurity risks. Our management team regularly meets with their information
technology resources, including our third-party service providers, to ensure that we are appropriately positioned to manage our cybersecurity
risks. Our management team also sponsors periodic cybersecurity awareness training for employees
As
of the date of this Annual Report, we are not aware of any cybersecurity threats that have materially affected or are reasonably likely
to materially affect us, including our business strategy, results of operations or financial condition.
No
matter how well designed or implemented our internal controls are, we will not be able to anticipate all cybersecurity threats, and we
may not be able to implement effective preventive or detective measures against such security breaches in a timely manner.
Item 2
Properties.
We
maintain our administrative offices in leased premises in Chengdu. The lease has an original term of 2 years expiring April 24, 2026.
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