Company: GRAN
Filing Date: 2025-07-31
Form Type: 20-F
Source: 0001213900-25-069627
Chunk: 104

Company: Grande Group Ltd/HK
Filing Date: 2025-07-31
Form: 20-F
Item: Item 4
Chunk 104
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 to regulatory oversight by the CSRC, as a portion of our existing clients and potential clients are companies located
in Mainland China, who are listing applicants for initial public offerings on the HKSE or public companies listed on the HKSE. For the
fiscal years ended March 31, 2025, 2024 and 2023, and until the date of this annual report, the Mainland China companies who engaged
our Operating Subsidiary for our Operating Subsidiary’s listing sponsorship services for overseas listing in Hong Kong are “ PRC
domestic companies” under the Trial Administrative Measures and their overseas listings in Hong Kong are subject to CSRC’s
review procedures and approval.

As stipulated and required by the Trial Administrative Measures, as a condition for the “overseas
securities companies” outside of Mainland China, such as our Operating Subsidiary, to engage PRC domestic companies as client to
act as their listing sponsors (i. e. in our case, to conduct Type 6 (advising on corporate finance activities) and Type 1 (dealing in
securities) activities in Hong Kong) for their overseas listings outside of Mainland China, overseas securities companies, such
as our Operating Subsidiary, shall be subject to the filing/reporting, verification and supervisory obligations to the CSRC regarding
the overseas listing projects of the PRC domestic companies engaged, including: (1) filing and registering with CSRC as sponsors
or underwriters who are being engaged by PRC domestic companies for their overseas listing, and submitting report to the CSRC annually
on the relevant business activities of such overseas securities companies regarding overseas listings of PRC domestic companies; and
(2) for each projects engaged by the overseas securities companies, submitting the undertakings to the CSRC that such offshore securities
companies have verified and examined the documents submitted to CSRC by its clients in relation to their overseas listing, and that such
documents are true, accurate and complete.

Currently,
Grande Capital, our Operating Subsidiary, is registered with the CSRC under Article 21 of Trial Administrative Measures as an overseas
securities company and has provided the undertakings to the CSRC in relation to the PRC domestic companies clients that engaged Grande
Capital as the listing sponsor for their overseas listings in Hong Kong. As long as our Operating Subsidiary conducts the regulated
activities in Hong Kong that involves PRC domestic companies, our