Company: GRAN
Filing Date: 2025-03-14
Form Type: F-1/A
Source: 0001213900-25-023979
Chunk: 164

Company: Grande Group Ltd/HK
Filing Date: 2025-03-14
Form: F-1/A
Chunk 164
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 and industry players in the corporate finance and financial services industry.

97 Our new clients and projects primarily originate from the professional networks of our management and our project execution team, and the referrals from existing clients, professional parties and relevant market players in the corporate finance and financial service industries; rest of our clients and projects are originated from the direct approaches by the management of the clients connected through the previous business or professional relationships, or due to our market reputation in the Hong Kong corporate finance and capital market industry. The business and operation of our Operating Subsidiary, Grande Capital, and its licensing conditions under the SFO are centered on the Type 6 (advising on corporate finance) regulated activities, as a specialized corporate financial advisory services provider which focuses on listing sponsorships, corporate financial advisory and compliance advisory services, serving exclusively the companies seeking to go public, listed companies, institutional investors, or other private or public companies, in return for professional or advisory fees. Different from the full services financial institutions or securities brokerage and dealing service providers, our Operating Subsidiary does not, and cannot, provide securities brokerage and trading or investment management services to the individual clients, general public or the retail investors, under the current regulatory regime in Hong Kong and Operating Subsidiary’s licensing conditions imposed by the HKSFC. As disclosed in “Licenses and Regulation” section below, the business and operation of our Operating Subsidiary is strictly confined to advisory services in relation to corporate finance, that our Operating Subsidiary is not permitted to hold client assets, i.e., establishing or maintaining any client accounts that would involve holding or controlling client funds or securities, and accepting, managing, or safeguarding any money or securities on behalf of clients, and the Operating Subsidiary is not permitted to engage in the brokerage, trading or dealing in securities on behalf of its clients, unless such activity relates to listing sponsor engagements of our Operating Subsidiary under the “Sponsor Coupling” requirement. Therefore, due to the business model and the nature of services of our Operating Subsidiaries, while we maintain a company website which introduces our services and showcases our completed projects, we and our Operating Subsidiary do not advertise our services to the general public, market our services 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