Company: GVH
Filing Date: 2025-04-15
Form Type: DRS
Source: 0001641172-25-004806
Chunk: 10

Company: Globavend Holdings Ltd
Filing Date: 2025-04-15
Form: DRS
Chunk 10
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 Kong and our ability to offer or continue to offer our Ordinary Shares to investors and could cause the value of such securities
to significantly decline or be worthless and even the delisting of our Ordinary Shares. The delisting of our Ordinary Shares, or the
threat of their being delisted, may materially and adversely affect the value of your investment in the future.

On December 24, 2021, the
CSRC released the Draft Administrative Provisions and the Draft Filing Measures, both of which had a comment period that expired on January
23, 2022. The Draft Administrative Provisions and Draft Filing Measures regulate the administrative system, record-filing management,
and other related rules in respect of the direct or indirect overseas issuance of listed and traded securities by “domestic enterprises.”
The Draft Administrative Provisions specify that the CSRC has regulatory authority over the “overseas securities offering and listing
by domestic enterprises”, and requires “domestic enterprises” to complete filing procedures with the CSRC if they wish
to list overseas. On February 17, 2023, the CSRC released the Trial Measures for Administration of Overseas Securities Offerings and Listings
by Domestic Companies and five interpretive guidelines (collectively, the “CSRC Filing Rules”). According to the CSRC Filing
Rules, domestic companies that seek to offer or list securities overseas, both directly and indirectly, should fulfill the filing procedures
and report relevant information to the CSRC; any failure to comply with such filling procedures may result in administrative penalties,
such as an order to rectify, warnings, and fines. On April 2, 2022, the CSRC published the Draft Archives Rules, for public comment. These
rules state that in the overseas listing activities of domestic companies, domestic companies, as well as securities companies and securities
service institutions providing relevant securities services thereof, should establish a sound system of confidentiality and archival work
and shall not disclose state secrets or harm the state and public interests.

Under the CSRC Filing Rules,
Chinese domestic companies conducting overseas securities offerings and listing activities, either in direct or indirect form, shall complete
filing procedures with the CSRC pursuant to the requirements of the CSRC Filing Rules within three working days following their submission
of initial public offerings or listing application.

Management
understands that as of the date of this prospectus neither of its HK Subsidiaries has any operations in China and thus
is not required to complete filing procedures with the CSRC pursuant to the