Company: KMRK
Filing Date: 2025-08-15
Form Type: 20-F
Source: 0001213900-25-077494
Chunk: 68

Company: K-TECH SOLUTIONS CO LTD
Filing Date: 2025-08-15
Form: 20-F
Item: Item 4
Chunk 68
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, 2025:

  Management                                      2  
  Design and engineering                          6  
  Production management and quality control       1  
  Sales and marketing                             4  
  Administration                                  6  
  Total                                          19  

In general, we maintain a
good working relationship with our employees and we have not experienced any material labor disputes. We value our employees and insurance
agents the most and are constantly encouraging innovation, efficiency, and teamwork at the Company.

OFFICE

Our principal executive office
is located in Hong Kong, whereas leased an office space from an independent third party with an aggregate area of approximately 550
square feet, with a lease term from April 1, 2023 to March 31, 2025, at a monthly rent of HK$10,000 (approximately US$1,278).

INSURANCE

Under section 40 of the Employees’
Compensation Ordinance, all employers, are required to take out insurance policies to cover their liabilities in respect of injuries of
all employees, including full-time and part-time, from accidents arising out of an in the course of employment. Where principal contractor
has undertaken to perform any construction works, it may take out an insurance policy for an amount per event to cover is liability and
that of its subcontractors under the Employees’ Compensation Ordinance and at common law. An employer who fails to secure and insurance
cover shall be liable on conviction to a fine of HK$100,000 (approximately US$12,781) and to imprisonment for 2 years.

Pursuant to our contracts,
our customers shall affect insurance as a specified in the contracts such as all risks insurance and employees’ compensation insurance
covering the works undertaken by us. On the other hand, we shall indemnify our customers against all liabilities for bodily injury, damage
to property or other loss which may arise us of or in consequence of the execution, completion or maintenance of our works unless the
aforementioned liabilities or claims are caused solely by the wrongful acts or omissions of our customers. As confirmed by our Directors,
during the Track Record Period, we were not involved in any material claim by our customers for indemnity.

LEGAL PROCEEDINGS

From time to time, we may become
a party to various legal or administrative proceedings arising in the ordinary course of our business, including actions with respect
to intellectual property infringement, violation of third-party licenses or other rights, breach of contract, and labor and employment
claims. We are currently not