Company: GRAN
Filing Date: 2025-07-31
Form Type: 20-F
Source: 0001213900-25-069627
Chunk: 97

Company: Grande Group Ltd/HK
Filing Date: 2025-07-31
Form: 20-F
Item: Item 4
Chunk 97
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to maintain at all times paid-up share capital and liquid capital not less than the specified amounts in the FRR. The following
table summarizes the minimum paid-up capital and liquid capital that a licensed corporation is required to maintain for Type 1 (dealing
in securities) and Type 6 (advising on corporate finance) regulated activities:

  Regulated activity                                                                                                                                                       
  Type 1 (dealing in securities)                                                                                                                                           
  (a) in the case where the corporation is an approved introducing agent or a trader                                                                   N/A        500,000  
  (b) in the case where the corporation provides securities margin financing or acts as a custodian of a private Open-ended Fund Companies      10,000,000      3,000,000  
  (c) in any other case                                                                                                                          5,000,000      3,000,000  
  Type 6 (advising on corporate finance)                                                                                                                                   
  (a) in the case where the corporation acts as a sponsor:                                                                                                                 
  – hold client assets                                                                                                                          10,000,000      3,000,000  
  – not hold client assets                                                                                                                      10,000,000        100,000  
  (b) in the case where the corporation does not act as a sponsor:                                                                                                         
  – hold client assets                                                                                                                           5,000,000      3,000,000  
  – not hold client assets                                                                                                                             N/A        100,000  

Pursuant
to the FRR, if the licensed corporation is licensed for more than one regulated activity, the minimum paid-up share capital and liquid
capital that the corporation should maintain shall be the highest amount required among those regulated activities. As at July 31, 2024,
the paid-up share capital of Grande Capital was HK$12,000,000, exceeding the minimum paid-up share capital required under the FRR of
HK$10,000,000. As at July 31, 2024, the liquid capital of Grande Capital was over HK$11,000,000, exceeding the minimum liquid capital
required under the FRR of HK$3,000,000.

Further,
pursuant to the FRR, liquid capital is the amount by which a licensed corporation’s liquid assets exceeds its ranking liabilities
where (i) liquid assets are the amount of assets held by the licensed corporation, adjusted for such factors to take into account
liquidity