During the Track Record Period and up to the Latest Practicable Date, we had obtained all requisite permits, licenses, and regulatory approvals the relevant government authorities that are material for our business operations in the PRC.
As of the Latest Practicable Date, we had obtained all licenses, permits and approvals that are material to our business operations in the jurisdictions where we operate.
Business · 第 142 页
Such licenses, permits and approvals were valid and remained in effect, except for certain licenses for which renewal applications have been submitted and under review as disclosed below.
As of the Latest Practicable Date, our PRC Legal Adviser and U.S. Legal Adviser confirmed that we had obtained all requisite licenses, approvals and permits from relevant authorities that are material to our operations in the PRC and the United States, and such licenses, permits and certifications all remained in full effect.
As of the Latest Practicable Date, we had obtained all requisite licenses, approvals and permits from relevant authorities that are material to our operations.
During the Track Record Period and up to the Latest Practicable Date, we obtained all requisite licenses, approvals and permits from relevant authorities that are material to our operations in China and overseas.
As confirmed by our PRC legal Advisor, we have obtained all necessary licenses, permits, approvals and certificates from, or made all necessary filings with, relevant competent regulatory authorities for our business operations in China during the Track Record Period and up to the Latest Practicable Date.
During the Track Record Period and as of the Latest Practicable Date, as advised by our PRC Legal Advisor, we had obtained the requisite licenses, approvals and permits from competent government authorities that are material to our business operations in China.
During the Track Record Period and up to the Latest Practicable Date, we had obtained all requisite licenses, approvals and permits from relevant authorities that are material to our operations and such licenses, permits and certifications all remain in full effect.
征祥医药(南京)集团股份有限公司Zenshine Pharmaceuticals (Nanjing) Group Co., Ltd.
已取得全部必要业务证照
As advised by our PRC Legal Advisors, as of the Latest Practicable Date, we had obtained all requisite licenses, approvals and permits from relevant authorities that are material to our operations and such licenses, permits and certifications all remain in full effect.
During the Track Record Period, the 3C certificates for certain of our power bank models were revoked or suspended due to: (i) a discrepancy in the implementation of testing standards between the original certification and a subsequent regulatory spot check (PB504); and (ii) the suspension of the certificate following the revocation of the 3C certificate for an upstream supplier’s battery cells (PB505).
Business · 第 178 页
We ceased sales of the relevant products immediately after the change in certificate status.
Business · 第 178 页
In 2023, 2024, 2025, and for the six months ended June 30, 2026, the revenue contribution of the affected SKUs accounted for 0.0%, 0.3%, 0.2% and 0.1% of our total revenue for the respective year/period.
As advised by our PRC Legal Advisers, during the Track Record Period and up to the Latest Practicable Date, we have obtained all material requisite licences, permits and approvals that are material to our principal business and operations and all of them were in force as at the Latest Practicable Date.
During the Track Record Period and up to the Latest Practicable Date, we had obtained all the requisite licenses, permits and approvals from relevant authorities that are material to conduct our actual business operations from the relevant government authorities in all jurisdictions where we operate, and such licenses, permits, approvals and certificates remained in full effect.
Business · 第 194 页
We believe there is no material legal impediment to renewing such permits, licenses or approvals.
As confirmed by our PRC Legal Advisor, during the Track Record Period and up to the Latest Practicable Date, we had obtained all necessary licenses, permits and approvals from the competent government departments and regulatory authorities that are material for our business operations in the jurisdictions where we operate.
浙江荣泰电工器材股份有限公司Zhejiang Rongtai Electric Material Co., Ltd.
已取得经营所需主要资质许可
As advised by our PRC Legal Advisor, we had obtained the requisite licenses, permits, approvals and certificates from applicable authorities which are material to our operations, and such licenses, permits, approvals and certificates are valid and subsisting as of the Latest Practicable Date.
Business · 第 178 页
We have obtained all material permits and licenses required for our self-owned production sites in compliance with applicable laws and regulations.
During the Track Record Period and up to the Latest Practicable Date, we had obtained all necessary permits, licenses and approvals from the competent government departments and regulatory authorities that are material for our business operations in the jurisdictions where we operate.
Business · 第 208 页
As of the Latest Practicable Date, the following licenses, permits and approvals are all valid, and we are not aware of any legal impediments in renewing them.