Company: GRAN
Filing Date: 2025-07-31
Form Type: 20-F
Source: 0001213900-25-069627
Chunk: 99

Company: Grande Group Ltd/HK
Filing Date: 2025-07-31
Form: 20-F
Item: Item 4
Chunk 99
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upon its ceasing to be an associated entity of the intermediary under section 156(2) of the SFO.

Submission
of financial resources returns

Licensed
corporations are required to submit monthly financial resources returns to the HKSFC. However, pursuant to section 56 of the FRR,
corporations that are licensed only for Type 4 (advising on securities), Type 5 (advising on futures contracts), Type 6 (advising on
corporate finance), Type 9 (asset management) and/or Type 10 (providing credit rating services) regulated activities and whose licenses
are subject to the condition that they shall not hold client assets, are only required to submit semi-annual financial resources returns.

As
of the date of this annual report, Grande Capital is subject to the condition that it shall not hold client assets.

Payment
of annual fees

Sections
138(1) and (2) of the SFO provide that each licensed person or registered institution shall pay an annual fee to the HKSFC
within one month after each anniversary date of his/her/its license or registration. Failure to make full payment of the annual fee before
the due date will attract a surcharge on the outstanding amount and possible suspension and revocation of a license or registration under
sections 138(3), 195(4)(a) and195(6) of the SFO.

Submission
of annual returns

Section 138(4) of
the SFO stipulates that each licensed corporation or licensed individual is required to submit an annual return to the HKSFC within one
month after each anniversary date of his/her/its licenses. Failure to submit annual return before the due date could result in suspension
and revocation of the license under sections 195(4)(b) and 195(6) of the SFO.

Continuous
professional training (“ CPT”)

Licensed
corporations and registered institutions are primarily responsible for designing and implementing a continuous education programme best
suited to the training needs of the Licensed Representatives or relevant individuals they engage.

With
effect from January 2022, licensed individuals and relevant individuals of registered institutions are required to complete 10
CPT hours per calendar year, regardless of the number and types of regulated activities he or she engages in. Five of these 10
CPT hours must be on topics directly relevant to the regulated activities for which he or she is licensed at the time the
CPT