Company: GRAN
Filing Date: 2025-03-14
Form Type: CORRESP
Source: 0001213900-25-023986
Chunk: 2

Company: Grande Group Ltd/HK
Filing Date: 2025-03-14
Form: CORRESP
Chunk 2
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 to the CSRC regarding the overseas listing projects of the PRC domestic companies engaged, including: (1) filing and registering
with CSRC as sponsors or underwriter who are being engaged by PRC domestic companies for their overseas listing, and submitting report
to the CSRC annually on the relevant business activities of such overseas securities companies regarding overseas listings of PRC domestic
companies; and (2) for each project taken by the overseas securities companies, submitting the undertakings to the CSRC that such offshore
securities companies have verified and examined the documents submitted to CSRC by their clients in relation to their overseas listing,
and that such documents are true, accurate and complete. Currently, Grande Capital, our Operating Subsidiary, is registered with the CSRC
under Article 21 of Trial Administrative Measures as an overseas securities company and has provided the undertakings to the CSRC in relation
to the PRC domestic companies clients that engaged Grande Capital as the listing sponsor for their overseas listings in Hong Kong. If
the CSRC were to believe, in the process of execution of the projects sponsored by our Operating Subsidiary, that the Operating Subsidiary
is in violation of its undertakings to the CSRC, or failed to exercise proper diligence, or made misrepresentations to the CSRC or relevant
PRC authority, the CSRC and PRC authorities may issue correction order and warnings, impose of pecuniary penalties against us, the responsible
staff, directors, or other officers of the Operating Subsidiary, prohibit us and our Operating Subsidiary from providing our services
to PRC domestic companies in Mainland China, thereby causing our Operating Subsidiary to lose access to the Mainland China market. The
CSRC may also refer the relevant information concerning the alleged misconduct or violation to CSRC’s regulatory counterparts in
overseas jurisdiction, i.e., the HKSFC in Hong Kong, which governs and regulates the business operation of our Operation Subsidiary, and
as a result we and our Operating Subsidiary could be subject to inquiries, reviews or investigations, disciplinary actions, revocation
or suspension of licenses, public or private reprimand or imposition of pecuniary penalties, by the HKSFC, even though our Operating Subsidiary
and we are not subject to the jurisdiction of the CSRC.

● We note the statement on page 12 that the Operating Subsidiary has collected and stored