Company: GVH
Filing Date: 2025-06-27
Form Type: 424B4
Source: 0001213900-25-058674
Chunk: 32

Company: Globavend Holdings Ltd
Filing Date: 2025-06-27
Form: 424B4
Chunk 32
---
 IPO and listing shall include, but not be limited
to regulatory opinions, record filing, approval, other documents issued by competent regulatory authorities of relevant industries (if
applicable), and security assessment opinions issued by relevant regulatory authorities (if applicable). On December 27, 2021, the
National Development and Reform Commission (“NDRC”) and the Ministry of Commerce jointly issued the Special Administrative
Measures for Entry of Foreign Investment (Negative List) (2021 Version) (“Negative List”), which became effective and replaced
the previous version. Pursuant to the Negative List, if a PRC company, which engages in any business where foreign investment is prohibited
under the Negative List, or prohibited businesses seeks an overseas offering or listing, it must obtain the approval from competent governmental
authorities. Based on a set of Q&A published on the NDRC’s official website, a NDRC official indicated that after a PRC company
submits its application for overseas listing to the CSRC and where matters relating to prohibited businesses under the Negative List are
implicated, the CSRC will consult the regulatory authorities having jurisdiction over the relevant industries and fields.

<div align='center'>6</div>

On January 4,
2022, the CAC, the NDRC, and several other administrations jointly adopted and published the revised Cybersecurity Review Measures
(“CRM”), which took effect on February 15, 2022, and replaced the Revised Draft issued on July 10, 2021.
Pursuant to the revised CRM, if a network platform operator holding personal information of over one million users seeks for
“foreign” listing, it must apply for the cybersecurity review. In addition, operators of critical information
infrastructure purchasing network products and services are also obligated to apply for the cybersecurity review for such purchasing
activities. Although the CRM provides no further explanation on the extent of “network platform operator” and
“foreign” listing, we do not believe we are obligated to apply for a cybersecurity review pursuant to the revised CRM,
considering that (i) we are not in possession of or otherwise holding personal information of over one million users, and it is
also very unlikely that we will reach such threshold in the near future; and (ii) as of the date of this prospectus, we have
not received any notice or determination from applicable PRC governmental authorities identifying it as a critical information
infrastructure operator.

On February 17, 2023,
the China Securities Regulatory Commission, or the CSRC