Company: GVH
Filing Date: 2025-02-12
Form Type: 20-F
Source: 0001493152-25-006117
Chunk: 19

Company: Globavend Holdings Ltd
Filing Date: 2025-02-12
Form: 20-F
Item: Item 3
Chunk 19
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 our Ordinary Shares. Any actions by the Chinese
government to exert more oversight and control over offerings that are conducted overseas and/or foreign investment in Hong Kong or China-based
issuers could significantly limit or completely hinder our ability to offer or continue to offer securities to investors and cause the
value of such securities to significantly decline or be worthless. The Chinese government may intervene or impose restrictions on our
ability to move money out of Hong Kong to distribute earnings and pay dividends or to reinvest in our business outside of Hong Kong.
Changes in the policies, regulations, rules, and the enforcement of laws of the Chinese government may also be quick with little advance
notice, and our assertions and beliefs of the risk imposed by the PRC legal and regulatory system cannot be certain.

Globavend Holdings
is a holding company, and we conduct all our operations in Hong Kong through our operating subsidiary, Globavend HK. Other than Globavend,
our other subsidiaries in Hong Kong also include Globavend Warehouse. Hong Kong is a special administrative region of the PRC. Due to
certain long-arm provisions in the current PRC laws and regulations, there remains regulatory uncertainty with respect to the implementation
and interpretation of laws in China as they may affect Hong Kong. The PRC government may choose to exercise additional oversight and
discretion over Hong Kong, and the policies, regulations, rules, and the enforcement of laws of the PRC government to which we are subject
may change rapidly and with little advance notice to us or our shareholders. As a result, the application, interpretation, and enforcement
of new and existing laws and regulations in the PRC and our assertions and beliefs of the risk imposed by the PRC legal and regulatory
system are by their very nature uncertain.

In addition, these
PRC laws and regulations may be interpreted and applied inconsistently by different agencies or authorities, which may result in inconsistency
with our current policies and practices. New laws, regulations, and other government directives in the PRC may also be costly to comply
with, and such compliance, any associated inquiries or investigations, or any other government actions may:

  Delay or impede our development;                                                                                                      
  Result in negative publicity or increase our operating costs;                                                                         
  Require significant management time and attention; and                                                                                
  Subject us to remedies, administrative penalties, and even criminal                                                                   

We are aware that
the PRC government recently initiated a series of regulatory actions and statements to regulate business operations in certain areas
in China with