Company: GRAN
Filing Date: 2025-03-14
Form Type: CORRESP
Source: 0001213900-25-023986
Chunk: 7

Company: Grande Group Ltd/HK
Filing Date: 2025-03-14
Form: CORRESP
Chunk 7
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 relevant PRC law and regulations covering the marketing, solicitation,
or acquisition of clients for the type of services provided by us or our Operating Subsidiary, and no permissions, license, and consents
are required from the PRC authorities to solicit or acquire clients in the PRC. We have provided the relevant disclosure on pages 97 to
98, and pages 13 to 15 on the Form F-1/A.

● With a view to clarifying disclosure in Business and Risk Factors, advise us whether, and if so, how you engage in cross-border transfers of Chinese or other currency with Mainland China clients.

RESPONSE: In response to Staff’s
comment, we respectfully advise the Staff that, due to the nature of the business of our Operating Subsidiary and the licensing restrictions/conditions
imposed by the HKSFC, the operation and business of our Operating Subsidiary do not involve the cross-border transfers of Chinese or other
currency with Mainland China clients between Hong Kong and Mainland China, nor does our Operating Subsidiary facilitate such cross-border
transfers between Hong Kong and Mainland China.

Our revenues are in the form of professional
fees that are paid and settled in Hong Kong for our Operating Subsidiary's corporate finance advisory services, including sponsors fees,
advisory fees, referral fees, and underwriting commissions. The business and operation of our Operating Subsidiary, Grande Capital, and
its licensing conditions under the SFO are centered on the Type 6 (advising on corporate finance) regulated activities as a specialized
corporate financial advisory services provider serving exclusively the companies seeking to go public in Hong Kong, listed companies on
the Hong Kong Stock Exchange, institutional investors, or other private or public companies.

As we further clarified in “Licenses
and Regulation” on pages 98 and 99, “Business – Sales & Marketing” on pages 97 and 98, and “Regulatory
Development in the PRC and Permission Required from the PRC Authorities” and on page 14 of Form F-1/A, different from the full-service
financial institutions or securities brokerage and dealing service providers, our Operating Subsidiary does not, and cannot, provide securities
brokerage and trading or investment management services to individual clients, the general public, or retail investors, in Hong Kong or
the Mainland China, under the current regulatory regime in Hong Kong and Operating Subsidiary’s licensing conditions