Company: GRAN
Filing Date: 2025-07-31
Form Type: 20-F
Source: 0001213900-25-069627
Chunk: 74

Company: Grande Group Ltd/HK
Filing Date: 2025-07-31
Form: 20-F
Item: Item 4
Chunk 74
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 Shares are held by Grande Holding Limited, Beyond Worth Limited,
Charming Apex Limited and Merleos Technology Limited, respectively; and (ii) 5,000,000 Class B Ordinary Shares are held by Grande
Holding Limited.

Completion of the Initial
Public Offering

On July 2, 2025, the Company closed its
initial public offering of 1,875,000 Class A Ordinary Shares at a public offering price of US$5.00 per Ordinary Share on the
Nasdaq. On July 10, 2025, the underwriters to the Company’s initial public offering had exercised the over-allotment option in
full to purchase an additional 281,250 Class A Ordinary Shares. The gross proceeds received from the initial public offering
totaled approximately US$10.78 million. Company’s Class A Ordinary Shares began trading on July 1, 2025 on the Nasdaq Capital
Market under the ticker symbol “ GRAN.”

As of the date of annual report, 19,906,250 Class
A Ordinary Shares and 5,000,000 Class B Ordinary Shares were issued and outstanding.

Corporate Structure

The following chart illustrates our corporate
structure, including our subsidiaries, as of the date of this Annual Report. The percentages shown on the following chart represent percentages
of equity ownership:

Subsidiaries and Business Functions

Grande Capital Limited was incorporated under
the laws of Hong Kong on April 6, 2017. Grande Capital Limited is a limited liability corporation licensed with the HKSFC to
undertake Type 1 (dealing in securities) and Type 6 (advising on corporate finance) regulated activities. Grande Capital Limited is the
main operating entity and is wholly owned by Grande Group Limited.

Grande Securities Limited (formerly known as “ Joyful
Dragon Corporation Limited”) was incorporated under the laws of Hong Kong on March 5, 2021. Grande Securities Limited is a
partially owned subsidiary by Grande Group Limited. Grande Securities Limited is not engaging in any business and is currently dormant.

Corporate Information

Our principal executive offices are located at
Suite 2701, 27/F, Tower 1, Admiralty Center, 18 Harcourt Road, Admiralty, Hong Kong. Our registered office in the BVI is at
Vistra Corporate Services Centre, Wickhams Cay II, Road Town, Tortola, VG1110, British Virgin Islands. Grande Capital maintains a
website at https://gr