Company: GVH
Filing Date: 2025-06-10
Form Type: F-1/A
Source: 0001213900-25-052766
Chunk: 34

Company: Globavend Holdings Ltd
Filing Date: 2025-06-10
Form: F-1/A
Chunk 34
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’s official website, a NDRC official indicated that after a PRC company
submits its application for overseas listing to the CSRC and where matters relating to prohibited businesses under the Negative List are
implicated, the CSRC will consult the regulatory authorities having jurisdiction over the relevant industries and fields.

<div align='center'>6</div>

On January 4,
2022, the CAC, the NDRC, and several other administrations jointly adopted and published the revised Cybersecurity Review Measures
(“CRM”), which took effect on February 15, 2022, and replaced the Revised Draft issued on July 10, 2021.
Pursuant to the revised CRM, if a network platform operator holding personal information of over one million users seeks for
“foreign” listing, it must apply for the cybersecurity review. In addition, operators of critical information
infrastructure purchasing network products and services are also obligated to apply for the cybersecurity review for such purchasing
activities. Although the CRM provides no further explanation on the extent of “network platform operator” and
“foreign” listing, we do not believe we are obligated to apply for a cybersecurity review pursuant to the revised CRM,
considering that (i) we are not in possession of or otherwise holding personal information of over one million users, and it is
also very unlikely that we will reach such threshold in the near future; and (ii) as of the date of this prospectus, we have
not received any notice or determination from applicable PRC governmental authorities identifying it as a critical information
infrastructure operator.

On February 17, 2023,
the China Securities Regulatory Commission, or the CSRC, as approved by the State Council, released the Trial Measures for Administration
of Overseas Securities Offerings and Listings by Domestic Companies and five interpretive guidelines (collectively, the “CSRC Filing
Rules”), which came into effect on March 31, 2023. Under the CSRC Filing Rules, a filing-based regulatory system shall be applied
to “indirect overseas offerings and listings” of PRC domestic companies, which refers to securities offerings and listings
in an overseas market made under the name of an offshore entity but based on the underlying equity, assets, earnings or other similar
rights of a domestic company that operates its main business domestically. The CSRC Filing Rules state that, any post-listing follow-on
offering by an issuer in the same overseas market, including issuance of shares, convertible notes and other similar securities