Company: KMRK
Filing Date: 2025-08-15
Form Type: 20-F
Source: 0001213900-25-077494
Chunk: 50

Company: K-TECH SOLUTIONS CO LTD
Filing Date: 2025-08-15
Form: 20-F
Item: Item 3
Chunk 50
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RC government.
Nonetheless, the recent regulatory developments in China, in particular with respect to restrictions on China-based companies raising
capital offshore, may lead to additional regulatory review in China over our financing and capital raising activities in the U. S. In
addition, we may be subject to industry-wide regulations that may be adopted by the relevant PRC authorities, which may have the effect
of limiting our service offerings, restricting the scope of our operations in Hong Kong, or causing the suspension or termination
of our business operations in Hong Kong entirely. We may have to adjust, modify, or completely change our business operations in
response to adverse regulatory changes or policy developments, and we cannot assure you that any remedial action adopted by us can be
completed in a timely, cost efficient, or liability-free manner or at all.

On July 30, 2021, in response
to the recent regulatory developments in China and actions adopted by the PRC government, the Chairman of the SEC issued a statement asking
the SEC staff to seek additional disclosures from offshore issuers associated with PRC-based operating companies (including Hong Kong)
before their registration statements will be declared effective. On August 1, 2021, the CSRC issued a statement saying that it had
taken note of the new disclosure requirements announced by the SEC regarding the listings of such companies and the recent regulatory
development in China, and that both countries should strengthen communications on regulating China-related issuers. Since we mainly operate
in Hong Kong, we cannot guarantee that we will not be subject to tightened regulatory review and we could be exposed to government
interference from China.

There are political risks associated with conducting
business in Hong Kong.

Any adverse economic, social
and/or political conditions, material social unrest, strike, riot, civil disturbance or disobedience, as well as significant natural disasters,
may affect the market and adversely affect the business operations of the Company. Hong Kong is a special administrative region of
the PRC and the basic policies of the PRC regarding Hong Kong are reflected in the Basic Law, Hong Kong’s constitutional
document, which provides Hong Kong with a high degree of autonomy and executive, legislative and independent judicial powers, including
that of final adjudication under the principle of “one country, two systems.” However, there is no assurance that there will
not be any changes in the economic, political and legal environment in Hong Kong in the future. Since our operation is based in Hong Kong,
any change of such political arrangements may pose