Company: GVH
Filing Date: 2025-06-10
Form Type: F-1/A
Source: 0001213900-25-052766
Chunk: 38

Company: Globavend Holdings Ltd
Filing Date: 2025-06-10
Form: F-1/A
Chunk 38
---
 to two years.

On December 2, 2021, the
SEC issued amendments to finalize rules implementing the submission and disclosure requirements in the HFCA Act, which took effect on
January 10, 2022. The rules apply to registrants that the SEC identifies as having filed an annual report with an audit report issued
by a registered public accounting firm that is located in a foreign jurisdiction and that the PCAOB is unable to inspect or investigate
completely because of a position taken by an authority in foreign jurisdictions.

On December 16, 2021,
the PCAOB issued a Determination Report, which found that the PCAOB is unable to inspect or investigate completely registered public accounting
firms headquartered in mainland China of the PRC or Hong Kong, a special administrative region and dependency of the PRC, because
of a position taken by one or more authorities in the PRC or Hong Kong. The PCAOB made its determinations pursuant to PCAOB Rule 6100,
which provides a framework for how PCAOB fulfills its responsibilities under the HFCA Act.

Our auditor, ZH CPA, LLC, the
independent registered public accounting firm that issues the audit report included elsewhere in this prospectus, as an auditor of companies
that are traded publicly in the United States and a firm registered with the PCAOB, is subject to laws in the United States
pursuant to which the PCAOB conducts regular inspections to assess our auditor’s compliance with the applicable professional standards.
ZH CPA, LLC is headquartered in Denver, Colorado, and can be inspected by the PCAOB. As of the date of this prospectus, our auditor
is not subject to the determinations announced by the PCAOB on December 16, 2021 in mainland China or Hong Kong because of a
position taken by one or more authorities in the PRC or Hong Kong.

On August 26, 2022, the
SEC issued a statement announcing that the PCAOB signed a Statement of Protocol with the CSRC and the Ministry of Finance of the PRC,
governing inspections and investigations of audit firms based in mainland China and Hong Kong. Pursuant to the Statement of Protocol,
the PCAOB has independent discretion to select any issuer audits for inspection or investigation and has unfettered ability to transfer
information to the SEC. According to the PCAOB, its December 2021 determinations under the HFCA Act remain in effect.

<div align='center'>8</div>

On December 15, 202