9 unchanged sentences
and “I tem 1A.
−Removed: Risk Factors—Recent greater oversight by the CAC over data security, particularly for companies seeking to
−Removed: list on a foreign exchange, could adversely impact our business and our offering.
+Added: Risk Factors—Recent greater oversight by the CAC over data security, particularly for companies seeking
+Added: to list on a foreign exchange, could adversely impact our business and our offering.
the year ended March 31, 2025, the Company was not subject to material fines or penalties in connection with cybersecurity, and there
20 unchanged sentences
new requirements in privacy laws and (b) prevent, detect, respond to, mitigate and recover from identified and significant cybersecurity
−Removed: We have relied on the third-party security assessment procedures and
−Removed: data outflow control procedures to manage risks from cybersecurity threats associated with our use of third-party service providers.
−Removed: example, the servers of the system of XXTX are housed at third-party data centers, and its operations depend on the service providers’
−Removed: ability to protect such systems in their facilities as well as their own systems.
−Removed: The qualified third-party performs security assessment
−Removed: by timely assessing their cybersecurity policies, data encryption and privacy policies and relevant certificates, establishing procedures
−Removed: in granting such third parties access to our database and requiring them to conduct regular inspections.
−Removed: Since in cooperation with third-party
−Removed: service providers may involve data outbound, we desensitize sensitive information before transferring such data.
+Added: have relied on the third-party security assessment procedures and data outflow control procedures to manage risks from cybersecurity
+Added: threats associated with our use of third-party service providers.
+Added: For example, the servers of the system of Hunan Ruixi are housed at
+Added: third-party data centers, and its operations depend on the service providers’ ability to protect such systems in their facilities
+Added: as well as their own systems.
+Added: The qualified third-party performs security assessment by timely assessing their cybersecurity policies,
+Added: data encryption and privacy policies and relevant certificates, establishing procedures in granting such third parties access to our
+Added: database and requiring them to conduct regular inspections.
+Added: Since in cooperation with third-party service providers may involve data
+Added: outbound, we desensitize sensitive information before transferring such data.
Chinese subsidiaries and affiliates have incurred, and will continue to incur, significant expenses in an effort to comply with cybersecurity
2 unchanged sentences
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.