Company: KMRK
Filing Date: 2025-08-15
Form Type: 20-F
Source: 0001213900-25-077494
Chunk: 53

Company: K-TECH SOLUTIONS CO LTD
Filing Date: 2025-08-15
Form: 20-F
Item: Item 3
Chunk 53
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 than one million users’
personal information must go through a cybersecurity review by the cybersecurity review office if it seeks to be listed in a foreign country.

As at the date of this Annual
Report, our clientele is based in Hong Kong. Nonetheless, we may in the future have clients that are Hong Kong-based public
or private entities that may have shareholders or directors who are PRC individuals, or PRC individuals or entities. Accordingly, we may
collect and store certain data (including certain personal information) concerning such clients in connection with our business and operations
and for “ Know Your Customers,” or KYC, purposes. However, as advised by our PRC counsel, given that (i) our operations
are solely located in Hong Kong; (ii) we currently have no clients that are PRC entities, or individuals and therefore do not
possess personal information of PRC users; (iii) we have not been identified as an operator of critical information infrastructure in
mainland China, nor has engaged in data processing activities as online platform operator that affect or may affect the national security
of PRC; (iv) we have not been engaged in data (including personal information) processing activities (including the collection, storage,
use, processing, transmission, provision and disclosure of data from mainland China), we currently are not subject to the cybersecurity
review nor prior approval of the CAC.

Having said that, these statements
and regulatory actions are new, it is highly uncertain how soon the legislative or administrative regulation making bodies will respond
and what existing or new laws or regulations or detailed implementations and interpretations will be modified or promulgated, if any.
It is also highly uncertain what the potential impact such modified or new laws and regulations will have on the daily business operations
of KMT, its abilities to accept foreign investments and the listing of our Class A Shares on a U. S. or other foreign exchanges. There
remains significant uncertainty in the interpretation and enforcement of relevant PRC cybersecurity laws and regulations. If the Draft
Overseas Listing Regulations are adopted into law in the future and becomes applicable to KMT, if KMT is deemed to be an “ Operator”
that are required to file for cybersecurity review before listing in the U. S., or if the Measures for Cybersecurity Review (2021) or
the PRC Personal Information Protection Law becomes applicable to KMT, the business operations of KMT and the listing of our Class A Shares
in the U. S. could be subject to the