Company: KMRK
Filing Date: 2025-03-07
Form Type: DRS/A
Source: 0001213900-25-021451
Chunk: 4

Company: K-TECH SOLUTIONS CO LTD
Filing Date: 2025-03-07
Form: DRS/A
Chunk 4
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 We are not a Chinese operating company, but an offshore holding company incorporated in the BVI. As a holding company with no material operations of our own, we conduct our operations through our operating subsidiary in Hong Kong, namely K -Mark Technology Limited (“KMT”). This is an offering of the Shares of K -Tech Solutions Company Limited, the holding company in the BVI, instead of the shares of KMT. References to the “Company,” “we,” “us,” and “our” in the prospectus are to K -Tech Holdings Limited, the BVI entity that will issue the Shares being offered. References to “KMT” is to the Hong Kong entity operating the design solution and trading of toy products business, which generated the revenue and profit stated in the combined financial statements of the Company. Investors in our Shares should be aware that they will not be purchasing equity interests in operating subsidiary in Hong Kong directly, but rather are purchasing equity solely in K -Tech Solutions Company Limited, the BVI holding company, which directly owns equity interests in the operating subsidiary in Hong Kong. See “ Risk Factors ” beginning on page 17 of this prospectus for a discussion of risks facing the Company and the offering as a result of this structure. Our operations are solely located in Hong Kong, a special administrative region of the People’s Republic of China (“China” or the “PRC”), with its own governmental and legal system that is independent from mainland China, including having its own distinct laws and regulations. As of the date of this prospectus, we are not subject to the PRC government’s direct influence or discretion over the manner in which we conduct our business activities outside of the PRC. However, due to long -armprovisions under the current PRC laws and regulations, there remains regulatory uncertainty with respect to the implementation and interpretation of laws in China. However, because our operations are primarily located in Hong Kong, we are still subject to certain legal and operational risks associated with our operating subsidiary, KMT, based in Hong Kong. Additionally, the legal and operational risks associated with operating in mainland China may also apply to our operations in Hong Kong, and we face the risks and uncertainties associated with interpretation and the application of the complex and evolving PRC laws and regulations and as to whether and how the recent PRC government statements and regulatory developments, such as those relating to data and cyberspace security, and anti -monopolyconcerns would be applicable to

KMT, given the substantial operations of our operating subsidiary in Hong