Company: KMRK
Filing Date: 2025-09-15
Form Type: F-1
Source: 0001213900-25-087627
Chunk: 33

Company: K-TECH SOLUTIONS CO LTD
Filing Date: 2025-09-15
Form: F-1
Chunk 33
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 report regarding the audit arrangements of, and government influence on, such registrants. Pursuant to the HFCA act, our securities
may be prohibited from trading on the NASDAQ Capital Market or other U.S. stock exchanges if our auditor cannot be inspected by the
PCAOB for three consecutive years, and this ultimately could result in our Class A Shares being delisted.

On
June 22, 2021, the U.S. Senate passed the AHFCA Act, which was signed into law on December 29, 2022, amended the HFCA Act and
require the SEC to prohibit an issuer’s securities from trading on any U.S. stock exchanges if its audit work cannot be
inspected when its auditor is subject to PCAOB inspections for two consecutive years instead of three and, thus, reduced the
time before our Class A Shares may be prohibited from trading or delisted.

On
September 22, 2021, the PCAOB adopted a final rule implementing the HFCA Act, which provides a framework for the PCAOB to use when
determining, as contemplated under the HFCA Act, whether the PCAOB is unable to inspect or investigate completely registered public
accounting firms located in a foreign jurisdiction in connection with their audit works because of a position taken by one or more
authorities in that jurisdiction.

On
November 5, 2021, the SEC approved the PCAOB’s Rule 6100, Board Determinations Under the HFCA Act. Rule 6100
provides a framework for the PCAOB to use when determining, as contemplated under the HFCA Act, whether it is unable to inspect or
investigate completely registered public accounting firms located in a foreign jurisdiction because of a position taken by one or
more authorities in that jurisdiction.

On December
16, 2021, the PCAOB issued a report on its determinations that it was unable to inspect or investigate completely PCAOB-registered public
accounting firms headquartered in mainland China and in Hong Kong, because of positions taken by PRC authorities in those jurisdictions.
In addition, the PCAOB’s report identified the specific registered public accounting firms which are subject to these determinations.
Our registered public accounting firm, Audit Alliance LLP is not headquartered in mainland China or Hong Kong and was not identified
in this report as a firm subject to the PCAOB’s determination.

The
SEC is assessing how to implement other requirements of the HFCA Act, including the listing and trading prohibition requirements
described above