1. The company's business is dependent on the sale of its products to a few key customers, including those in Europe and the United States, which are regulated markets. The loss of one or more such customers, the deterioration of their financial condition or prospects, or a reduction in their demand for its products could adversely affect its business, results of operations, financial condition and cash flows.
2. If the company is not able to commercialize new products in a timely manner, its business, financial condition and prospects will be adversely affected.
3. The company's inability to successfully expand its production capacity could have an adverse effect on its business, results of operations, financial condition and cash flows.
4. A slowdown or shutdown in its manufacturing operations could have an adverse effect on its business, results of operations, financial condition and cash flows.
5. Certain documents filed by it with the Registrar of Companies and certain corporate records and other documents, are not traceable.
6. The company is not filed its audited consolidated financial statements for Financial Year 2020 in a timely manner.
7. Any manufacturing or quality control problems may subject it to regulatory action or litigation, or breach of its contractual arrangements with customers, resulting in damage of its reputation and have an adverse effect on the company business, operations, financial condition and cash flows.
8. Any delay, interruption or reduction in the supply or transportation of raw materials or an increase in the costs of such raw materials to manufacture its products may adversely affect its business, results of operations, financial condition and cash flows.
9. Its inability to accurately forecast demand for the company products and manage its inventories may have an adverse effect on its business, results of operations, financial condition and cash flows.
10. The company face foreign exchange risks that could adversely affect its results of operations and cash flows.