Company: GRAN
Filing Date: 2025-04-09
Form Type: F-1/A
Source: 0001213900-25-030179
Chunk: 40

Company: Grande Group Ltd/HK
Filing Date: 2025-04-09
Form: F-1/A
Chunk 40
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 increased by approximately $0.3million or 300.0% from $0.1million in the six months ended September30, 2023 to $0.4million in the six months ended September30, 2024; and revenues derived from clients in Singapore increased by approximately $0.2million or 200.0% from $0.1million in the six months ended September30, 2023 to $0.3million in the six months ended September30, 2024. For the year ended March31, 2023 and 2024, revenues derived from clients in Hong Kong increased by approximately $1.4million or 104.0% from $1.3million in the year ended March31, 2023 to $2.7million in the year ended March31, 2024; revenues derived from clients in Mainland China decreased by approximately $0.4million or 21.8% from $1.9million in the year ended March31, 2023 to $1.5million in the year ended March31, 2024; and revenues derived from clients in Singapore decreased by approximately $0.3million or 47.6% from $0.6million in the year ended March31, 2023 to $0.3million in the year ended March31, 2024. For the detail analysis of the aggregate amount of total revenue generated by service categories and geographical location of our clients, please see “Management’s Discussion and Analysis of Financial Condition and Results of Operations — Revenue” on page 71 and 74. As stipulated and required by the Trial Administrative Measures, as a condition for the “overseas securities companies” outside of Mainland China, such as our Operating Subsidiary, to engage PRC domestic companies in Mainland China as clients to act as their listing sponsors (i.e. in our case, to conduct Type 6 (advising on corporate finance activities) and Type 1 (dealing in securities) activities) for their overseas listings outside of Mainland China, the overseas securities companies, such as our Operating Subsidiary, are subject to the filing/reporting, verification and supervisory obligations to the CSRC regarding the overseas listing projects of the PRC domestic companies engaged, including: (1) filing and registering with CSRC as sponsors or underwriters who are being engaged by PRC domestic companies for their overseas listing, and submitting report to the CSRC