Company: KMRK
Filing Date: 2025-09-24
Form Type: 424B3
Source: 0001213900-25-091102
Chunk: 47

Company: K-TECH SOLUTIONS CO LTD
Filing Date: 2025-09-24
Form: 424B3
Chunk 47
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 both of the following criteria, the overseas
offering and listing conducted by such issuer shall be deemed an indirect overseas offering and listing by a PRC domestic company:
(A) 50% or more of any of the issuer’s operating revenue, total profit, total assets or net assets as documented in its
audited combined financial statements (“CFS”) for the most recent fiscal year were derived from PRC domestic companies; and (B) the majority of the
issuer’s business activities are carried out in mainland China, or its main place(s) of business are located in mainland
China, or the majority of its senior management team in charge of its business operations and management are PRC citizens or have
their usual place(s) of residence located in mainland China. In such circumstances, where a PRC domestic company is
seeking an indirect overseas offering and listing in an overseas market, the issuer shall designate a major domestic operating
entity responsible for all filing procedures with the CSRC, and where an issuer makes an application for an IPO or listing in an
overseas market, the issuer shall submit filings with the CSRC within three business days after such application is
submitted. As advised by our PRC counsel, given that (i) we do not have any business operations within the PRC; and
(ii) we are not regarded as a Chinese domestic enterprise and do not meet any of the conditions stipulated by the Trial
Measures, we are not subject to CSRC filing requirement.

If the Chinese government
chooses to exert more oversight and control over securities offerings that are conducted overseas and/or foreign investment in China-
based issuers, such action may significantly limit or completely hinder our ability to offer or continue to offer Class A Shares to investors
and cause the value of our Class A Shares to significantly decline or be worthless.

Recent statements,
laws and regulations by the Chinese government, including the Measures for Cybersecurity Review (2021), the PRC Personal Information Protection
Law and the Draft Overseas Listing Regulations, have indicated an intent to exert more oversight and control over securities offerings
that are conducted overseas and/or foreign investments in China-based issuers. It is uncertain whether the Chinese government will adopt
additional requirements or extend the existing requirements to apply to the Company. We could be subject to approval or review of
Chinese regulatory authorities to pursue this offering. Any future action by the PRC government expanding the categories of industries
and companies whose foreign securities offerings are subject to review by the CSRC could significantly limit