Company: GRAN
Filing Date: 2025-03-14
Form Type: F-1/A
Source: 0001213900-25-023979
Chunk: 32

Company: Grande Group Ltd/HK
Filing Date: 2025-03-14
Form: F-1/A
Chunk 32
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 101. The following table summarizes the licenses and permissions held by Grande Capital under the SFO, and the restrictions to such licenses and permission.

| License/Permit                                 |     | Issuing   
 Authority |     | Issuance Date    |     | Term               |     | Restrictions and Licensing Conditions                                                                  |
| Type 1 license (dealing in securities)         |     | HKSFC     |     | August 1, 2022   |     | No expiration date |     | The licensee shall not engage in dealing activities other than those relating to corporate finance.(1) 
 The licensee shall not hold client assets.(2)                                                          |
| Type 6 license (advising on corporate finance) |     | HKSFC     |     | January 23, 2018 |     | No expiration date |     | The licensee shall not hold client assets.(2)                                                          |

____________ (1)Under this restriction, Grande Capital is not permitted to engage in the brokerage, trading or dealing in securities on behalf of its clients, unless such activity relates to its corporate finance engagements. An example of a permissible activity under Type 1 (dealing in securities) license Grande Capital has, is where Grande Capital acts as an underwriter/overall coordinator in an initial public offering on the HKSE for which it also serves as the sponsor under the “Sponsor Coupling” requirement by the HKSE. In such cases, the underwriting activities are directly related to Grande Capital’s corporate finance engagements and are conducted in compliance with its licensing conditions. (2)Under this restriction, Grande Capital is prohibited from (i) establishing or maintaining accounts that would involve holding or controlling client funds or securities; and (ii) accepting, managing, or safeguarding any money or securities on behalf of clients. As advised by our Hong Kong counsels, Loong & Yeung and David Fong & Co., as of the date of this prospectus, neither we nor Grande Capital are required to obtain permission or approval from Hong Kong authorities to offer the securities being registered to foreign investors. Should there be any change in applicable laws, regulations, or interpretations, and we or any of our subsidiaries are required to obtain such permissions or approvals in the future, we will strive to comply with the then applicable laws, regulations, or interpretations.

11 Regulatory Development in the PRC and Permission Required from the PRC Authorities Hong Kong is a special administrative region of the PRC and the basic policies of the PRC regarding Hong Kong are reflected