SEC Filing · 6-K
Grande Group Limited
GRANNASDAQEQUITYCurrent
SEC Filing
Company context
Grande is a holding company that does not have any material operations of its own, with its operations conducted in Hong Kong and Mainland China through its Operating Subsidiaries in Hong Kong and Mainland China. The functional currency of Grande and all other subsidiaries is the U.S. dollars, Hong Kong Dollar or RMB. This prospectus contains translations of certain foreign currency amounts into U.S. dollars for the convenience of the reader. The assets and liabilities are translated into U.S. dollars from Hong Kong dollars or RMB at the year-end exchange rate. Revenues and expenses are translated at the average exchange rate during the year. Capital accounts are translated at their historical exchange rates when the capital transactions occurred. The year-end and year-average exchange rates are as follows: