Company: KMRK
Filing Date: 2025-08-15
Form Type: 20-F
Source: 0001213900-25-077494
Chunk: 51

Company: K-TECH SOLUTIONS CO LTD
Filing Date: 2025-08-15
Form: 20-F
Item: Item 3
Chunk 51
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 immediate threat to the stability of the economy in Hong Kong, thereby directly
and adversely affecting our results of operations and financial positions.

Under the Basic Law of the Hong Kong Special Administrative Region
of the PRC, Hong Kong is exclusively in charge of its internal affairs and external relations, while the government of the PRC is
responsible for its foreign affairs and defense. As a separate customs territory, Hong Kong maintains and develops relations with
foreign states and regions. Based on certain recent developments, including the Law of the PRC on Safeguarding National Security in the
Hong Kong Special Administrative Region (the “Hong Kong National Security Law”) issued by the Standing Committee
of the PRC National People’s Congress in June 2020, the U. S. State Department has indicated the U. S. no longer considers
Hong Kong to have significant autonomy from China and at the time President Trump signed an executive order and Hong Kong Autonomy
Act, or HKAA, to remove Hong Kong’s preferential trade status and to authorize the U. S. administration to impose blocking
sanctions against individuals and entities who are determined to have materially contributed to the erosion of Hong Kong’s
autonomy. The U. S. may impose the same tariffs and other trade restrictions on exports from Hong Kong that it places on goods
from mainland China. These and other recent actions may represent an escalation in political and trade tensions involving the U. S, China
and Hong Kong, which could potentially harm our business.

The HKAA further authorizes
secondary sanctions, including the imposition of blocking sanctions, against foreign financial institutions that knowingly conduct a significant
transaction with foreign persons sanctioned under this authority. The imposition of sanctions may directly affect the foreign financial
institutions as well as any third parties or customers dealing with any foreign financial institution that are targeted. It is difficult
to predict the full impact of the Hong Kong National Security Law and HKAA on Hong Kong and companies located in Hong Kong.
If a competent authority determines that we are in violation of the Hong Kong National Security Law or the HKAA, our business operations
could be materially and adversely affected.

We may become subject to a variety of PRC laws
and other regulations regarding data security or securities offerings that are conducted overseas and/or other foreign investment in China-based
issuers, and any failure to comply with applicable laws and regulations could have a material and adverse effect on our business, financial
condition and results of operations and may hinder our ability to continue to offer Class A Shares