Item 1B. Unresolved Staff Comments
Item 1B. Unresolved Staff Comments.
The Company does not have
any unresolved or outstanding staff comments.
Item 1C. Cybersecurity
Risk Management and
Strategy
We
have established cybersecurity risk assessment procedures to ensure effectiveness in cybersecurity management, strategy and governance
and reporting cybersecurity risks. The process is in alignment with our strategic objectives and risk appetite.
We
strive to manage cybersecurity risks and protect sensitive information through various means, such as technical safeguards, procedural
requirements, close monitoring on our corporate network. We may engage assessors, consultants, auditors, or other third parties to enhance
our cyber security risk management processes. Any cybersecurity incidents are closely monitored for their potential impact on our business
strategy, operations, and financial condition.
As
of the date of this annual report, we have not experienced any material cybersecurity incidents or identified any material cybersecurity
threats that have affected or are reasonably likely to materially affect us, our business strategy, results of operations or financial
condition.
Governance
The
Board oversees the Company’s cybersecurity risks management and reviews management reports on material cybersecurity risks and issues
on an as-needed basis. The chief executive officer (the “CEO”) and the chief financial officer (the “CFO”) are
responsible for discussing material cybersecurity incidents or threats with specific constituencies before sign-off, ensuring thorough
review of information and disclosures. The CEO and CFO are also responsible for assessing, identifying and managing material risks from
cybersecurity threats to our company and monitoring the prevention, detection, mitigation and remediation of material cybersecurity incident,
maintaining oversight of the disclosure in the periodic reports (including our annual reports on Form 10-K) of the Company.
Item 2. Properties.
We currently rent one office
in Shanghai.
Office
Address
Rental Term
Space
Shanghai, PRC
Rm 12D & 12E, No.359
Dongdaming Road,
Hongkou District,
Shanghai, PRC 200080
Expires 12/31/2026
3,078 ft 2
Item 3. Legal Proceedings.
See “Item 1. Business
- Recent Developments” for a description of legal proceedings the Company is currently involved in, which is incorporated herein
by reference.
Item 4. Mine Safety Disclosures.
This item is not applicable
to the Company.
19
PART II
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.