Grande Group Limited

Grande Group Limited is a holding company incorporated in the British Virgin Islands. The company conducts all its operations through its operating entity, Grande Capital Limited, which was incorporated in Hong Kong on April 6, 2017. Grande Capital Limited is a limited liability company licensed by the HKSFC to engage in Type 1 (dealing in securities) and Type 6 (advising on corporate finance) regulated activities. Grande Capital Limited is a wholly owned subsidiary of Grande Group Limited. Grande Securities Limited, formerly known as "Joyful Dragon Corporation Limited," was incorporated in Hong Kong on March 5, 2021. Grande Securities Limited is a partially owned subsidiary of Grande Group Limited but is currently dormant and not engaging in any business. All of Grande Group Limited's operations are conducted by its operating subsidiary in Hong Kong. The company and its subsidiaries do not have any operations, offices, personnel, or physical presence in Mainland China, nor do they have or intend to have any contractual arrangements to establish a variable interest entity (VIE) structure with any entity in Mainland China. As a holding company, Grande Group Limited relies on dividends or payments from its Hong Kong subsidiaries (Grande Capital and Grande Securities) to meet its cash and financing needs, including funding dividends and other cash distributions to shareholders and U.S. investors, servicing any incurred debt, and paying operating expenses. The subsidiaries' ability to pay dividends may be limited by their own debt or applicable laws and regulations.