Company: KMRK
Filing Date: 2025-01-02
Form Type: DRS
Source: 0001213900-25-000267
Chunk: 117

Company: K-TECH SOLUTIONS CO LTD
Filing Date: 2025-01-02
Form: DRS
Chunk 117
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 standard and comply with the specific requirements of our customer. Supply chain management and after -sale support.Our supply chain management team is responsible for the warehousing and shipping of the products to ensure timely and certain delivery of the order to the designated recipients. After the delivery of products, there is generally 12 months of product warranty period. During this period, we are required to make good on any defect in the products we supply and recall the defective products at our own costs. If our clients encounter any problems with our solutions offered, they can contact us at our hotline and our engineers/technicians will answer their questions. SUPPLIERS Our suppliers mainly consisted of toys distributors. For the years ended March 31, 2024 and 2023, we had the following suppliers that accounted for more than 10% of our cost of service:

|                                                                             |     | For the year ended March 31, 
                         2024 |     |       |     |       2023 |     |       |
|:----------------------------------------------------------------------------|:----|-----------------------------:|:----|------:|:----|-----------:|:----|------:|
|                                                                             |     |                       Amount |     |     % |     |     Amount |     |     % |
| Major suppliers representing more than 10% of the Company’s cost of service |     |                              |     |       |     |            |     |       |
| Supplier A                                                                  |     |                   12,691,607 |     | 84.90 |     | 14,347,404 |     | 95.20 |
| Total                                                                       |     |                   12,691,607 |     | 84.90 |     | 14,347,404 |     | 95.20 |

CREDIT MANAGEMENT Credit terms to customers We assess the credit risk of new customers by conducting online searches, credit checks with industry peers, and site visit. For existing customers, we conduct an annual credit evaluation to review their credit limits and terms, taking into account (i) their repayment history; (ii) historical transaction amount; and (iii) future economic conditions. Our credit terms to customers range from 0 days to 60 days. We also accept bill receivables which generally have maturity period ranging from 1 to 2 months. The average trade receivable turnover days are 26.11 and 38.57 days for the years ended March 31, 2024 and 2023, respectively. It is calculated