Company: GVH
Filing Date: 2025-04-15
Form Type: DRS
Source: 0001641172-25-004806
Chunk: 25

Company: Globavend Holdings Ltd
Filing Date: 2025-04-15
Form: DRS
Chunk 25
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 business and might materially decrease the value of our Ordinary Shares or cause them to be worthless. Currently, all of our operations
are in Hong Kong through our HK Subsidiaries. We do not have or intend to set up any subsidiary or enter into any contractual arrangements
to establish a VIE structure with any entity in mainland China. Hong Kong is a special administrative region of the PRC and the basic
policies of the PRC regarding Hong Kong are reflected in the Basic Law of the Hong Kong Special Administrative Region of the People’s
Republic of China, or the Basic Law, providing Hong Kong with a high degree of autonomy and executive, legislative and independent judicial
powers, including that of final adjudication under the principle of “one country, two systems.” The PRC laws and regulations
do not currently have any material impact on any transfer of cash from Globavend Holdings to our HK Subsidiaries or from our HK Subsidiaries
to Globavend Holdings and the investors in the U.S. However, the Chinese government may, in the future, impose restrictions or limitations
on our ability to transfer money out of Hong Kong, to distribute earnings and pay dividends to and from the other entities within our
organization, or to reinvest in our business outside of Hong Kong. Such restrictions and limitations, if imposed in the future, may delay
or hinder the expansion of our business outside of Hong Kong and may affect our ability to receive funds from our operating subsidiary
in Hong Kong. The promulgation of new laws or regulations, or the new interpretation of existing laws and regulations, in each case, that
restrict or otherwise unfavorably impact the ability or way we conduct our business, could require us to change certain aspects of our
business to ensure compliance, which could decrease demand for our services, reduce revenues, increase costs, require us to obtain more
licenses, permits, approvals or certificates, or subject us to additional liabilities. To the extent any new or more stringent measures
are required to be implemented, our business, financial condition and results of operations could be adversely affected and such measures
could materially decrease the value of our Ordinary Shares, potentially rendering it worthless.

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See
“Dividend Policy” and “Risk Factors — Risks Related to Our Ordinary Shares — We rely on dividends and other distributions on equity paid by our subsidiary to fund any cash and financing requirements we may have. In the future, funds may not be available to fund operations or for other uses outside of Hong