Company: KMRK
Filing Date: 2025-08-15
Form Type: 20-F
Source: 0001213900-25-077494
Chunk: 52

Company: K-TECH SOLUTIONS CO LTD
Filing Date: 2025-08-15
Form: 20-F
Item: Item 3
Chunk 52
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 to investors and cause the value of
our Class A Shares to significantly decline or be worthless.

On June 10, 2021, the
Standing Committee of the National People’s Congress enacted the PRC Data Security Law, which took effect on September 1, 2021.
The law requires data collection to be conducted in a legitimate and proper manner, and stipulates that, for the purpose of data protection,
data processing activities must be conducted based on data classification and hierarchical protection system for data security.

On July 6, 2021, the General Office of the
Communist Party of China Central Committee and the General Office of the State Council jointly issued a document to crack down on certain
activities in the securities markets and promote the high-quality development of the capital markets, which, among other things, requires
the relevant governmental authorities to strengthen cross-border oversight of law-enforcement and judicial cooperation, to enhance supervision
over China-based companies listed overseas, and to establish and improve the system of extraterritorial application of the PRC securities
laws.

On August 20, 2021, the
30thmeeting of the Standing Committee of the 13thNational People’s Congress voted and passed the
“ Personal Information Protection Law of the People’s Republic of China”, or “ PRC Personal Information Protection
Law”, which became effective on November 1, 2021. The PRC Personal Information Protection Law applies to the processing of
personal information of natural persons within the territory of China that is carried out outside of China where (1) such processing
is for the purpose of providing products or services for natural persons within China, (2) such processing is to analyze or evaluate
the behavior of natural persons within China, or (3) there are any other circumstances stipulated by related laws and administrative
regulations.

On December 28, 2021, the CAC jointly with the relevant authorities
formally published Measures for Cybersecurity Review (2021) which took effect on February 15, 2022 and replace the former Measures
for Cybersecurity Review (2020) issued on July 10, 2021. Measures for Cybersecurity Review (2021) stipulates that operators
of critical information infrastructure purchasing network products and services, and online platform operator (together with the operators
of critical information infrastructure, the “Operators”) carrying out data processing activities that affect or may
affect national security, shall conduct a cybersecurity review; any online platform operator who controls more