Company: GRAN
Filing Date: 2025-04-09
Form Type: F-1/A
Source: 0001213900-25-030179
Chunk: 169

Company: Grande Group Ltd/HK
Filing Date: 2025-04-09
Form: F-1/A
Chunk 169
---
 through mass media, or publicly solicit for clients, in any jurisdiction, including Hong Kong and the Mainland China. For the fiscal year ended March31, 2024, we had16, 6 and 4 clients from Hong Kong, Mainland China, and Singapore, respectively, and the nine months ended December31, 2024, we had16, 6 and 4 clients from Hong Kong, Mainland China, and Singapore, respectively. All of our current and former clients and projects are originated from the professional networks of our management, referrals, and direct approach by the clients. As confirmed by our PRC Counsel, China Commercial Law Firm, we and our Operating Subsidiary are not subject to the relevant PRC law and regulations covering the marketing or acquisition of clients for the type of services provided by us or our Operating Subsidiary, and no permissions, license, and consents are required from the PRC authorities to solicit or acquire clients in the PRC, since: (1) we and our Operating Subsidiary have no physical presence or operation in the Mainland China, and we and our Operating Subsidiary do not directly or indirectly, own or control any entity or subsidiary in Mainland China; (2) we and our Operating Subsidiary do not advertise and market to the general public or the retail investors of Mainland China, and the business and operation of the Operating Subsidiary do not involve holding or controlling of client’s asset and the maintenance or operation of client accounts that would involve holding, transferring or controlling client funds or assets; and (3) the Operating Subsidiary is a licensed corporation under the SFO that provide professional and advisory services for PRC domestic companies seeking to access the Hong Kong and overseas capital market to raise funds, exclusively in relation to the corporate finance regulatory and legal regime of Hong Kong. Furthermore, as further confirmed by our Hong Kong counsels, Loong & Yeung and David Fong & Co., our sales and marketing activities of our Operating Subsidiary in Mainland China are also in compliant with the relevant regulations, laws, guideline and code of conducts applicable to the regulated activities of our Operating Subsidiary under the SFO. Licenses and Regulations The financial services market in Hong Kong is highly regulated. The principal business and the responsible personnel of the Operating Subsidiary are subject to a number of legislations and regulations and the respective rules of the HKSFC and the HKSE. In