Company: GRAN
Filing Date: 2025-07-31
Form Type: 20-F
Source: 0001213900-25-069627
Chunk: 49

Company: Grande Group Ltd/HK
Filing Date: 2025-07-31
Form: 20-F
Item: Item 3
Chunk 49
---
 the PRC government may, in the future, impose restrictions or limitations on our ability to transfer
money out of Hong Kong, to distribute earnings and pay dividends to and from the other entities within our organization, or to reinvest
in our business outside of Hong Kong. Such restrictions and limitations, if imposed in the future, may delay or hinder the expansion
of our business to outside of Hong Kong and may affect our ability to receive funds from our Operating Subsidiary in Hong Kong.
The promulgation of new laws or regulations, or the new interpretation of existing laws and regulations, in each case, that restrict or
otherwise unfavorably impact the ability or way we conduct our business, could require us to change certain aspects of our business to
ensure compliance, which could decrease demand for our services, reduce revenues, increase costs, require us to obtain more licenses,
permits, approvals or certificates, or subject us to additional liabilities. To the extent any new or more stringent measures are required
to be implemented, our business, financial condition and results of operations could be adversely affected and such measured could materially
decrease the value of our Class A Ordinary Shares, potentially rendering them worthless. Further, any limitation on the ability of our
subsidiaries to pay dividends or make other distributions to us could materially and adversely limit our ability to grow, make investments
or acquisitions that could be beneficial to our business, pay dividends, or otherwise fund and conduct our business.

The dual-class structure of our Ordinary
Shares will have the effect of concentrating voting control with our Controlling Shareholder, Grande Holding, which holds in the aggregate
96.07% of the voting power of our voting shares, preventing you and other shareholders from influencing significant decisions, including
the election of directors, amendments to our organizational documents and any merger, consolidation, sale of all or substantially all
of our assets, or other major corporate transaction requiring shareholder approval.

Our authorized and issued Ordinary Shares are
divided into Class A Ordinary Shares and Class B Ordinary Shares. The Company is authorized by its Amended and Restated Memorandum
and Articles of Association to allot a maximum of (i) 4,950,000,000 Class A Ordinary Shares, par value US$0.00001 per share
and (ii) 50,000,000 Class B Ordinary Shares, par value US$0.00001 per share. Holders of Class A Ordinary Shares and Class B
Ordinary Shares shall at all times vote together as one class