Company: GRAN
Filing Date: 2025-07-31
Form Type: 20-F
Source: 0001213900-25-069627
Chunk: 98

Company: Grande Group Ltd/HK
Filing Date: 2025-07-31
Form: 20-F
Item: Item 4
Chunk 98
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 of certain assets as well as credit risks; and (ii) ranking liabilities are the sum of liabilities on the balance sheet
of the licensed corporation (including, without limitation, any amounts payable by it in respect of any overdraft or loan, any accrued
interest payable to any other person, accrued expenses, taxes and provisions for contingent liabilities), adjusted for such factors to
take into account market risks and contingency. The method of calculating liquid assets and ranking liabilities is set out in Divisions
3 and 4 of the FRR respectively.

The
FRR stipulates that a licensed corporation shall maintain minimum liquid capital at all times which shall be the higher of the amount
of (a) and (b) below (as applicable to our Group):

  (a)      the                                                                  

  (b)      its                                                                                          

  the                                                                                                                               

  the                                                                                                                                    

  the                                                                                                                                        

If
the licensed corporation applies for more than one type of regulated activity, the minimum paid-up share capital and liquid capital that
the corporation should maintain shall be the higher or the highest amount required amongst those regulated activities applied for.

Notification
to the HKSFC of certain events and changes

Pursuant
to sections 123 and 135 of the SFO and the Securities and Futures (Licensing and Registration)(Information) Rules (Chapter 571S
of the Laws of Hong Kong), licensed corporations, licensed individuals and registered institutions are required to notify the HKSFC
within the specified time limit of certain events and changes in their particulars, which include, inter alia, any intended cessation
to carry on any regulated activity for which he/she/it is licensed, any intended change of address at which it proposes to carry on the
regulated activity for which it is licensed and any cessation to be a director of a licensed corporation.

Submission
of audited accounts

Section 156(1) of
the SFO provides that licensed corporations and associated entities of intermediaries (except those which are authorized financial institutions)
shall submit their audited accounts and other required documents within four months after the end of each financial year.

If
a licensed corporation ceases carrying on all of the regulated activities for which it is licensed, it should submit to the HKSFC its
audited accounts and other required documents, made up to the date of cessation, not later than four months after the date of the
cessation. The same requirement applies to an associated entity (which is not an authorized financial institution) of an intermediary