Company: KMRK
Filing Date: 2025-08-15
Form Type: 20-F
Source: 0001213900-25-077494
Chunk: 1

Company: K-TECH SOLUTIONS CO LTD
Filing Date: 2025-08-15
Form: 20-F
Item: Item 3
Chunk 1
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 a par value US$0.0001 each (the “Class B Share(s)”).

On May 16, 2025, the Company
had 15,000,000 Class A Shares and 4,500,000 Class B Shares, issued and outstanding, respectively. Holders of Class A Shares and Class
B Shares vote together as one class on all matters submitted to a vote by the shareholders at any general meeting of the Company and have
the same rights except each Class A Share is entitled to one (1) vote and each Class B Share is entitled to ten (10) votes. All such Class
B Shares are held by our Controlling Shareholders.

On July 15, 2025, we entered into an underwriting agreement with American
Trust Investment Services, Inc. as representative of the underwriters named therein, in connection with our IPO of 1,600,000 Class A Shares
at a price of $4.00 per share. The IPO closed on July 17, 2025.

The following diagram illustrates
our current corporate structure and existing shareholders of each corporate entity listed herein as of the date of this Annual Report:

We are principally engaged
in the design, development, testing and sale of a diverse portfolio of toy products ranging from simple plastic toy products to more complex
electromechanical toy products. Our solution services span across the entire development stage of toy products from design, prototype
testing, production management, quality control to after-sales services. We specialize in the development of infant and pre-school educational
toys and learning kits.

We are a holding company,
and we conduct our operations in Hong Kong through our wholly-owned subsidiaries incorporated in Hong Kong. As of the date of this Annual
Report, we do not expect to be materially affected by recent statements by the PRC government indicating an intent to exert more oversight
and control over offerings that are conducted overseas and/or foreign investment in Mainland- China-based issuers. However, due to long
arm provisions under the current PRC laws and regulations, there remains regulatory uncertainty with respect to the implementation and
interpretation of laws in China. The PRC government may choose to exercise significant oversight and discretion, and the policies, regulations,
rules, and the enforcement of laws of the PRC government to which we are subject may change rapidly and with little advance notice to
us or our shareholders. As a result, the application, interpretation, and enforcement of new and existing laws and regulations in the
PRC