Company: GRAN
Filing Date: 2025-07-31
Form Type: 20-F
Source: 0001213900-25-069627
Chunk: 42

Company: Grande Group Ltd/HK
Filing Date: 2025-07-31
Form: 20-F
Item: Item 3
Chunk 42
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 problems are unpredictable, and our inability to timely and successfully
recover could materially disrupt our businesses and cause material financial loss, regulatory actions, reputational harm, or legal liability.

We are exposed to risks associated with
retention and recruitment of licensed and/or qualified personnel.

We rely heavily on human resources for the provision
of corporate finance advisory services. Should the pace of business growth lag behind the pace of increase in headcount, there may be
negative impact on our financial results and business performance. In addition, benefits to be generated from the enhancement of human
resources may not be as significant as expected due to factors beyond our control, such as the general market conditions, labor market,
competition for talents against other financial services providers, travel restrictions and border control due to COVID -19, and
the economic and political environment in Hong Kong and overseas. Such factors may cause a delay in realizing our business growth
and our expansion plan and hence, our financial results, in particular our profitability, may be adversely affected. There is also no
assurance that we can employ sufficient number of suitable and competent staff to implement our growth strategies.

Our management team lacks experience in
managing a U. S. public company and complying with laws applicable to such company, the failure of which may adversely affect our
business, financial condition and results of operations.

Our current management team lacks experience in
managing a U. S. publicly traded company, interacting with public company investors and complying with the increasingly complex laws
pertaining to U. S. public companies. As we recently closed our initial public offering on July 2, 2025, our company are now subject
to significant regulatory oversight and reporting obligations under the federal securities laws and the scrutiny of securities analysts
and investors, and our management has limited experience in complying with such laws, regulations and obligations. Our management team
may not successfully or efficiently manage our transition to becoming a U. S. public company. These new obligations and constituents
will require significant attention from our senior management and could divert their attention away from the day-to-day management
of our business, which could adversely affect our business, financial condition and results of operations.

We may face intellectual property infringement
claims, which could be time-consuming and costly to defend and may result in the loss of significant rights by us.

Although we and our subsidiaries have not been
subject to any litigation, pending or threatened, alleging infringement of third parties’ intellectual property rights, we cannot
assure you that such infringement claims will not be