Company: KMRK
Filing Date: 2025-08-15
Form Type: 20-F
Source: 0001213900-25-077494
Chunk: 66

Company: K-TECH SOLUTIONS CO LTD
Filing Date: 2025-08-15
Form: 20-F
Item: Item 4
Chunk 66
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 shipment peak season takes place between June and August of each year in which we
achieve significant higher sales than other months to meet the Christmas and New Year holiday seasons. We would increase our inventory
level in order to get prepared for our shipment peak season.

CUSTOMERS

For the years ended March 31,
2025 and 2024, we had the following customers that accounted for more than 10% of our revenue:

                                                                            For the year ended March 31,                                                                    
                                                                            2025                                                         2024                               
                                                                            Amount                                                       Amount                             
                                                                            US$                                                          US$                                
 ────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Major customers representing more than 10% of the Company’s revenues                                                                                                      
  Customer A                                                                                                   4,776,653      27,72                   3,730,157      21.78  
  Customer B                                                                                                   2,441,521      14.17                   3,912,105      22.85  
  Customer C                                                                                                   4,020,851      23.34                   3,737,092      21.82  
  Customer D                                                                                                   2,607,950      15.14                   1,024,158       5.98  
  Total                                                                                                       13,846,975      80.37                  12,403,512      72.43  

Our customers are mainly located
in North America and Europe which are brand owners of toy products. The table below set forth the breakdown of revenue by geographic market
for the years ended March 31, 2025 and 2024:

                                For the year ended                                            
                                March 31,                                                     
                                2025                                    2024                  
 ──────────────────────────────────────────────────────────────────────────────────────────────
                                US$                                     US$                   
  United States of America                              12,810,726                12,389,864  
  United Kingdom                                         1,517,635                   953,375  
  Europe                                                 4,284,173                 3,780,278  
  Others                                                         —                       261  
                                                        18,612,534                17,123,778  

SUPPLIERS

We currently do not have our own production base
and all of the products are manufactured by third parties contract manufacturers. We purchase toy products from our suppliers on project