Company: GRAN
Filing Date: 2025-07-31
Form Type: 20-F
Source: 0001213900-25-069627
Chunk: 78

Company: Grande Group Ltd/HK
Filing Date: 2025-07-31
Form: 20-F
Item: Item 4
Chunk 78
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 listing venues. Since 2022, Grande
Capital has started acting as project coordinator for clients pursuing listing on other stock exchanges, such as on U. S. exchanges.

Our sales and marketing function is primarily
performed by our management and project execution team who are responsible for maintaining relationships with the management of existing
clients, exploring sales lead from new clients, and maintaining relationships with professional parties partners in the financial services
industry. Our projects generally originate from the networks of our management and our project execution team, referrals from existing
clients or other professional parties and direct approaches by clients due to our market reputation. We maintain a company website which
showcases our completed projects.

Attributable mainly to the ongoing IPO where Grande
Capital acted as a sponsor yet to be completed during the year, our revenue decreased from approximately US$4.5 million for the year ended
March 31, 2024 to approximately US$4.3 million for the year ended March 31, 2025; while our profit before tax decreased from approximately
US$2.1 million to US$1.9 million in the corresponding years. Attributable mainly to the increase of successful IPOs where Grande Capital
acted as a sponsor, our revenue increased from approximately US$3.9 million to approximately US$4.5 million for the year ended March 31,
2024; while our profit before tax increased from approximately US$1.5 million to approximately US$2.1 million.

Driven by (i) Hong Kong having well-established
financial and legal systems with a comprehensive regulatory regime; (ii) Hong Kong’s capital market having a high level of openness
to and freedom of capital flow; (iii) financial technology being adopted comprehensively in the financial industry; and (iv) the HKSE
opening up new capital sources such as listing exchange traded fund tracking stocks in the Middle East, it is expected the Hong Kong corporate
finance market will continue to grow.

Competitive Strengths

A wide range of corporate finance advisory
services.

We are positioned as a boutique financial firm
aiming to offer tailored, innovative financial solutions to clients in Asia according to their specific needs. We take pride in the ability
to address clients’ needs at their different development stages in the equity markets, starting from pre-IPO planning to post-IPO
fund-raising. As a licensed corporation under the SFO to carry out Type 1 (dealing in securities) and Type 6 (advising on corporate finance)