Company: GRAN
Filing Date: 2025-01-30
Form Type: F-1/A
Source: 0001213900-25-008225
Chunk: 252

Company: Grande Group Ltd/HK
Filing Date: 2025-01-30
Form: F-1/A
Chunk 252
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 1,800,618 |     |      | 1,800,618 |
| SHAREHOLDERS’ EQUITY                                                                                                                                                  |     |      |           |     |      |           |
| Ordinary shares, par value $0.00001 per share, 5,000,000,000 shares authorized; 10,000,000 shares issued and outstanding as of March 31, 2024 and 2023, respectively* |     |      |       100 |     |      |       100 |
| Total Shareholders’ Equity                                                                                                                                            |     |      |       100 |     |      |       100 |
| TOTAL LIABILITY AND SHAREHOLDERS’ EQUITY                                                                                                                              |     | $    | 1,800,718 |     | $    | 1,800,718 |

____________ *Shares presented on a retroactive basis to reflect the share subdivision. (i)Basis of presentation The Company was incorporated in the BVI on August 6, 2020 as an investment holding company. The condensed parent company financial information of the Company has been prepared using the same accounting policies as set out in the accompanying consolidated financial statements. (ii)Restricted Net Assets Schedule I of Rule 5 -04of Regulation S -Xrequires the condensed financial information of registrant shall be filed when the restricted net assets of consolidated subsidiaries exceed 25 percent of consolidated net assets as of the end of the most recently completed fiscal year. For purposes of the above test, restricted net assets of consolidated subsidiaries shall mean that amount of the registrant’s proportionate share of net assets of consolidated subsidiaries (after intercompany eliminations) which as of the end of the most recent fiscal year may not be transferred to the parent company by subsidiaries in the form of loans, advances or cash dividends without the consent of a third party (i.e., lender, regulatory agency, foreign government, etc.). The condensed parent company financial statements have to be prepared in accordance with Rule 12 -04, Schedule I of Regulation S -Xif the restricted net assets of the subsidiary of Grande Group exceed 25% of the consolidated net assets of Grande Group. A significant portion of the Company’s operations and revenue are conducted and generated by the Company’s wholly -ownedsubsidiary, Grande Capital, which is licensed by the Securities and Futures Commission of Hong Kong. The ability of this operating subsidiary to pay dividends to the Company may be restricted because this Securities and Futures Commission of Hong Kong licensed operating subsidiary is