Company: GRAN
Filing Date: 2025-07-31
Form Type: 20-F
Source: 0001213900-25-069627
Chunk: 46

Company: Grande Group Ltd/HK
Filing Date: 2025-07-31
Form: 20-F
Item: Item 3
Chunk 46
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 or misappropriation,
could damage our reputation and cause us to lose clients. In addition, vulnerabilities of our external service providers and other third
parties could also pose security risks to client information and data. Although we have taken steps to reduce the risk of such threats,
our risk and exposure to a cyber-attack or related breach remains heightened due to the evolving nature of these threats, our routine
transmission of sensitive information to third parties, the current global economic and political environment, external extremist parties
and other developing factors. Similarly, unauthorized access to or through our information systems, whether by our employees or third
parties, including a cyber-attack by third parties who may deploy viruses, worms or other malicious software programs, could result
in negative publicity, significant remediation costs, legal liability, regulatory fines, and damage to our reputation and could have adverse
effects on our results of operations. Any actual or perceived breach of the security of our technology, or media reports of perceived
security vulnerabilities of our systems or the systems of our third-party service providers, could damage our reputation, expose
us to the risk of litigation and liability, disrupt our operations, increase our costs with respect to investigations and remediation,
reduce our revenues as a result of the theft of intellectual property, and otherwise adversely affect our business. Further, any actual
or perceived security breach or cyber-attack directed at other financial institutions or financial services companies, whether or
not we are impacted, could lead to a general loss of client confidence in the use of technology to conduct financial transactions, which
could negatively impact us. The occurrence of any of these events could have adverse effects on our business and results of operations.

Any lack of effective
internal controls over financial reporting may affect our ability to accurately report our financial results which may affect the market
for and price of the Class A Ordinary Shares.

Prior to the initial
public offering, we were a private company with limited accounting personnel and other resources for addressing our internal control over
financial reporting. Our management has not completed an assessment of the effectiveness of our internal control over financial reporting
and our independent registered public accounting firm has not conducted an audit of our internal control over financial reporting. However,
in connection with the audits of our consolidated financial statements for the years ended March 31, 2025, 2024, and 2023, we identified
material weaknesses in our internal control over financial reporting as well as other control deficiencies for the above-mentioned periods.

As defined in the standards
establish