Company: GRAN
Filing Date: 2025-07-31
Form Type: 20-F
Source: 0001213900-25-069627
Chunk: 151

Company: Grande Group Ltd/HK
Filing Date: 2025-07-31
Form: 20-F
Item: Item 11
Chunk 151
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 holding of foreign currency assets will affect the Company’s financial position as a result
of a change in foreign currency exchange rates.

The
Company’s monetary assets and liabilities are mainly denominated in Hong Kong Dollar, which is the functional currency of the operating
subsidiary. In the opinion of the directors of the Company, the currency risk of $ is considered insignificant. The Company currently
does not resort to any foreign currency hedging facilities to eliminate the currency exposures. However, the directors closely monitor
the related foreign currency exposure and will consider foreign currency hedging to mitigate foreign currency risk should the need arise.

Economic
and political risks

The
Company’s operations are conducted in Hong Kong. Accordingly, the Company’s business, financial condition, and results
of operations may be influenced by changes in the political, economic, and legal environments in Hong Kong.

The
Company’s operations in Hong Kong are subject to special considerations and significant risks not typically associated with companies
in North America and Western Europe. These include risks associated with, among others, the political, economic and legal environment
and foreign currency exchange. The Company’s results may be adversely affected by changes in the political and social conditions
in Hong Kong, and by changes in governmental policies with respect to laws and regulations, anti-inflationary measures, currency conversion,
remittances abroad, and rates and methods of taxation, among other things.

Inflation
risk

Management
monitors changes in prices levels. Historically inflation has not materially impacted the Company’s consolidated financial statements;
however, significant increases in the price of labor that cannot be passed to the Company’s customers could adversely impact the
Company’s results of operations.

Item
12. Description of Securities Other than Equity Securities