Company: GRAN
Filing Date: 2025-07-31
Form Type: 20-F
Source: 0001213900-25-069627
Chunk: 40

Company: Grande Group Ltd/HK
Filing Date: 2025-07-31
Form: 20-F
Item: Item 3
Chunk 40
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 activities, and ensure
compliance with licensing and regulatory requirements, in light of the complexity of money-laundering activities and other illegal
or improper activities, such policies and procedures may not completely eliminate the possibility of third parties using our business
platform to engage in money laundering and/or other illegal or improper activities. There is no assurance that the internal control system
in place will prove at all times adequate and effective to deal with all the possible risks given the fast changing financial and regulatory
environment in which our subsidiaries operate. Such deficiencies or inherent limitations may result in fines or disciplinary actions against
us imposed by regulators, and may adversely affect our financial condition and results of operations.

Furthermore, our Operating Subsidiary primarily
complies with applicable anti-money laundering laws and regulations in Hong Kong (for example, the Anti-Money Laundering
and Counter-Terrorist Financing Ordinance (Chapter 615 of the Laws of Hong Kong) and the Guideline on Anti-Money Laundering
and Counter-Financing of Terrorism (For Licensed Corporations) issued by the HKSFC), and we may not fully detect violations of anti-money laundering
regulations in other jurisdictions or be fully compliant with the anti-money laundering laws and regulations in other jurisdictions
to which we are required. After we become a publicly listed company in the United States, we will also be subject to the U. S. Foreign
Corrupt Practices Act of 1977 and other laws and regulations in the United States, including regulations administered by
the U. S. Department of Treasury’s Office of Foreign Asset Control. To the extent that our policies and procedures currently
in place fail to detect and prevent money-laundering activities, terrorist financing and other illegal or improper activities by
our Directors, employees, agents, clients or other third parties and/or if we and Operating Subsidiary fail to fully comply with the applicable
laws and regulations, the relevant government authorities may initiate investigation against us, and may impose fines and/or other penalties
on us, any of which may significantly and adversely affect our reputation, business operations and financial results.

We may incur losses or experience disruption
of our operations as a result of unforeseen or catastrophic events, including pandemics, terrorist attacks, or natural disasters.

An outbreak and prevalence of pandemic such as
COVID-19 would adversely impact economic activities and conditions worldwide and led to significant volatility and disruption to financial
markets. On March 11, 2020, the World Health Organization declared COVID-