Company: KMRK
Filing Date: 2025-08-15
Form Type: 20-F
Source: 0001213900-25-077494
Chunk: 141

Company: K-TECH SOLUTIONS CO LTD
Filing Date: 2025-08-15
Form: 20-F
Item: Item 19
Chunk 141
---
 are an integral part of these consolidated and
combined financial statements.

F-6

K-TECH SOLUTIONS COMPANY LIMITED AND ITS SUBSIDIARIES

NOTES TO CONSOLIDATED AND COMBINED FINANCIAL
STATEMENTS

NOTE 1. ORGANIZATION AND PRINCIPAL ACTIVITIES

K-Tech Solutions Company Limited
(the “ Company”), was incorporated in the British Virgin Islands (“ BVI”) with limited liability under Companies
Act on December 2, 2024. The registered office of the Company is Craigmuir Chambers, Road Town, Tortola, VG 1110, British Virgin Islands.

The Company is controlled by
Kwok Yiu Keung, Kwok Yiu Fai and Kwok Yiu Wah. Kwok Yiu Keung, Kwok Yiu Fai and Kwok Yiu Wah are referred to as the controlling shareholders.

The Company is principally
engaged in design, development, testing and sales of a diverse portfolio of toy products ranging from simple plastic toy products to more
complex electromechanical toy products in Hong Kong through its direct wholly owned subsidiary that is incorporated and domiciled
in Hong Kong, namely K-Mark Technology Limited (“ K-Mark Technology”).

Details of the Company are
set out in the table as follows:

                                                              Percentage of effective                                                                                                                                  
                                                              ownership                                                                                                                                                
  Name                                  Date of               2025                         2024               Place of                    Principal                                                                    
                                        incorporation                                                         incorporation               activities                                                                   
  K-Tech Solutions Company Limited      December 2, 2024      Parent                       Parent             British Virgin Islands      Investment holdings                                                          
  K-Mark Technology Limited             November 4, 2016      100% (Direct)                100% (Direct)      Hong Kong                   Design, development, testing and sales of diverse portfolio of toy products  
 ───────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────

Reorganisation

The Company was incorporated
in the BVI on December 2, 2024, and is a holding company with no material operations. K-Mark Technology Limited was incorporated
in Hong Kong as a limited liability company.

On December 30, 2024, as part
of the reorganization, the Company acquired K-Mark Technology Limited. As a result, K-Mark Technology Limited became a direct wholly owned
subsidiary of the Company.

During the years presented