Company: GRAN
Filing Date: 2025-03-14
Form Type: F-1/A
Source: 0001213900-25-023979
Chunk: 36

Company: Grande Group Ltd/HK
Filing Date: 2025-03-14
Form: F-1/A
Chunk 36
---
 of Mainland China. Further, Grande is headquartered in Hong Kong with all of our officers and members of the board of directors based in Hong Kong, and all of our revenues and profits are entirely generated by our Operating Subsidiary in Hong Kong. Therefore, as advised by our PRC legal counsel, China Commercial Law Firm, based on their understanding of current PRC laws, rules and regulations, as of the date of this prospectus, we and our Operating Subsidiary are not a “PRC domestic companies” as defined under the Trial Administrative Measures that are required to go through the filing procedures under the Trial Administrative Measures, and our Operating Subsidiary’s operations in Hong Kong and the offering and listing of our securities in the United States are not subject to the review nor prior approval or permissions of the PRC authorities, including the CSRC and CAC. The business and operation of our Operating Subsidiary, Grande Capital, as a specialized corporate financial advisory services provider, serves companies seeking to go public, listed companies, institutional investors, or other private or public companies in return for professional fee or advisory fees. A portion of our existing clients and potential clients are companies located in Mainland China, who are listing applicants for IPO on the HKSE or public companies listed on the HKSE (For the fiscal year ended March 31, 2024, we had 16, 6 and 4 clients from Hong Kong, Mainland China, and Singapore, respectively, and the nine months ended December 31, 2024, we had 16, 6 and 4 clients from Hong Kong, Mainland China, and Singapore, respectively). Therefore, we and our Operating Subsidiary are subject to certain legal and operational risks associated with our Operating Subsidiary being based in Hong Kong, and having existing or potential clients who are companies based in Mainland China or have shareholders or directors that are Mainland China individuals, since these Mainland China companies who engaged our Operating Subsidiary for their overseas listing could be subject to Trial Administrative Measures of the PRC, given they may be the “PRC domestic enterprise” within the definition of the Trial Administrative Measures. As stipulated and required by the Trial Administrative Measures, as the condition for the “overseas securities companies” outside of Mainland China, such as our Operating Subsidiary, to engage the PRC domestic companies as client to act as their listing sponsors (i.e. in our case, to conduct Type