Company: GRAN
Filing Date: 2025-01-30
Form Type: F-1/A
Source: 0001213900-25-008225
Chunk: 280

Company: Grande Group Ltd/HK
Filing Date: 2025-01-30
Form: F-1/A
Chunk 280
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|:----|:--------------|:-----------|:--|:----|:----------|:-----------|:--|
| Amounts due to a related party: |     |               |            |   |     |           |            |   |
| Grande Holding Limited          |     | $             | (1,839,295 | ) |     | $         | (1,852,115 | ) |

As of September 30, 2024 and March 31, 2024, the amounts due to a related party solely represented amounts due to Grande Holding Limited, which is the controlling shareholder of the Company. These amounts are unsecured, interest -free, and have no fixed terms of repayment.

F-51

NOTE 18 — RELATED PARTY TRANSACTIONS (cont.) (c) Summary of related party transactions: A summary of trade transactions with related parties for the six months ended September 30, 2024 and 2023 are listed below:

| Employee benefit expense paid to senior management: 
 2024                                                |     | September 30, |    2023 |     |   |        |
|:----------------------------------------------------|:----|:--------------|--------:|:----|:--|-------:|
| Yujie, Chen                                         |     | $             |  47,308 |     | $ | 47,308 |
| Hao Xiang, Pan                                      |     |               |    N/A

# |     |   | 47,308 |
| Ying Wo Sammy, Ho                                   |     |               |  50,897 |     |   |   N/A# |
| Ka Wing Eric, Law                                   |     |               |  47,308 |     |   |   N/A# |
| Total                                               |     | $             | 145,513 |     | $ | 94,616 |

____________ #These individuals have either left their positions or have not yet been appointed as senior management during the period. NOTE 19 — SUBSEQUENT EVENTS The Company evaluates subsequent events that have occurred after the balance sheet date but before the financial statements are issued. There are two types of subsequent events: (1) recognized, or those that provide additional evidence with respect to conditions that existed at the dates of the balance sheets, including the estimates inherent in the process of preparing financial statements, and (2) non -recognized, or those that provide evidence with respect to conditions that did not exist at the date of the balance sheet but