Company: KMRK
Filing Date: 2025-09-15
Form Type: F-1
Source: 0001213900-25-087627
Chunk: 48

Company: K-TECH SOLUTIONS CO LTD
Filing Date: 2025-09-15
Form: F-1
Chunk 48
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 condition and may hinder our ability to offer or continue to offer Class A Shares
to investors and cause the value of our Class A Shares to significantly decline or be worthless.

PRC
government recently initiated a series of regulatory actions and made a number of public statements on the regulation of business
operations in China with little advance notice, including cracking down on illegal activities in the securities market, enhancing
supervision over China-based companies listed overseas using a variable interest entity structure, adopting new measures to extend
the scope of cybersecurity reviews, and expanding efforts in anti-monopoly enforcement.

<div align='center'>22</div>

On
February 17, 2023, with the approval of the State Council, the CSRC promulgated the Trial Administrative Measures of Overseas
Securities Offering and Listing by Domestic Companies, or the Trial Measures, and five supporting guidelines, which came into effect
on March 31, 2023. Pursuant to the Trial Measures, (i) domestic companies that seek to offer or list securities overseas,
both directly and indirectly, shall complete filing procedures with the CSRC pursuant to the requirements of the Trial Measures
within three working days following their submission of IPOs or listing applications. If a domestic company fails to complete
the required filing procedures or conceals any material fact or falsifies any major content in its filing documents, such domestic
company may be subject to administrative penalties, such as an order to rectify, warnings and fines, and its controlling
shareholders, actual controllers, the person directly in charge and other directly liable persons may also be subject to
administrative penalties, such as warnings and fines; (ii) if the issuer meets both of the following criteria, the overseas
offering and listing conducted by such issuer shall be deemed an indirect overseas offering and listing by a PRC domestic company:
(A) 50% or more of any of the issuer’s operating revenue, total profit, total assets or net assets as documented in its
audited combined financial statements (“CFS”) for the most recent fiscal year were derived from PRC domestic companies; and (B) the majority of the
issuer’s business activities are carried out in mainland China, or its main place(s) of business are located in mainland
China, or the majority of its senior management team in charge of its business operations and management are PRC citizens or have
their usual place(s) of residence located in mainland China. In such circumstances, where a PRC domestic company is
seeking an