Company: KMRK
Filing Date: 2025-09-02
Form Type: DRS
Source: 0001213900-25-082986
Chunk: 20

Company: K-TECH SOLUTIONS CO LTD
Filing Date: 2025-09-02
Form: DRS
Chunk 20
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 applied to emerging market companies upon assessing the qualification of their auditors, 
 especially the non-U.S.  auditors who are not inspected by the PCAOB.  For a more detailed discussion of this risk factor, see            
 page 16 of this prospectus.                                                                                                               |

| ● | We are a holding company and our ability to pay dividends is primarily                                                                  
 dependent upon the earnings of, and distributions by, our Hong Kong subsidiary. For a more detailed discussion of this risk factor, see 
 page 18 of this prospectus.                                                                                                             |

| ● | A downturn in the Hong Kong or global economy, or a change in                                                                    
 economic and political policies of the PRC, could materially and adversely affect our Hong  Kong operating subsidiary’s business 
 and financial condition. For a more detailed discussion of this risk factor, see page 18 of this prospectus.                     |

| ● | Substantially all of our operations are in Hong Kong. However,                                                                                 
 due to the long arm provisions under the current PRC laws and regulations, the Chinese government may exercise significant oversight and       
 discretion over the conduct of our business and may intervene in or influence our operations at any time, which could result in a material     
 change in our operations and/or the value of our Class A Shares. The enforcement of laws and that rules and regulations in China can change    
 quickly with little advance notice. The Chinese government may intervene or influence our operating subsidiary’s operations at any             
 time, or may exert more control over securities offerings conducted overseas and/or foreign investment in Hong  Kong-based issuers.            
 For instance, PRC domestic companies that seek to offer or list securities overseas, both directly and indirectly, are currently required      
 to complete filing procedures with the CSRC pursuant to the requirements of the Trial Measures within three working  days following            
 their submission of IPOs or listing applications. Although we believe that we are not regarded as a PRC domestic company because substantially 
 all of our operations are in Hong  Kong, it is uncertain whether the Chinese government will adopt additional requirements or extend           
 the existing requirements to apply to us. We could be subject to approval or review of Chinese regulatory authorities to pursue this offering. 
 Any future action by the PRC government expanding the categories of industries and companies whose foreign securities offerings are subject    
 to review by the CSRC could significantly limit or completely hinder our ability to offer or continue to offer securities to investors         
 and could cause the value of such securities to significantly decline or be worthless. For a more detailed