Gold Stone Technical Inc.

What the company does

Gold Stone Technical Inc. is a Cayman Islands holding company that conducts all of its operations in Hong Kong through its wholly-owned operating subsidiary, Merry International Technical Services (Hong Kong) Limited. The company was organized in preparation for an initial public offering through a series of corporate reorganizations beginning in late 2024. Its business is operated through the Hong Kong subsidiary, which was originally incorporated in 2018 and acquired by Mr. Chi Chung Tang in 2022.

Use of proceeds

The prospectus did not state a specific use of proceeds in the excerpt provided. The offering is a self-underwritten, best efforts offering at a fixed price of $4.00 per share with no minimum amount required to be raised, and any funds received will be immediately available to the company in cash.

Underwriters

The completed effective-prospectus read stated no underwriters.

Extracted from F-1/A 0001213900-26-104541, filed Sep 29, 2026 and verified against that filing text.

Key risk factors

• PRC government oversight risk

  “Should the PRC government choose to exercise significant oversight and discretion over the conduct of our business, they may intervene in or influence our operations at any time.”

• VIE/offshore structure risks

  “This structure involves unique risks to the investors.”

• No minimum offering / best efforts

  “The Offering is being made on a self-underwritten, “best efforts” basis with no requirement that any minimum amount be sold.”

• Listing application may not be approved

  “We cannot assure you that our application will be approved; if it is not approved, we will not complete the Offering.”

• No public market for shares

  “Prior to this offering, there has been no public market for Gold Stone’s Class A Ordinary Shares.”

• Concentrated control by insider

  “Mr. Tang will hold considerable influence over corporate matters requiring shareholder approval and will independently control the operations of the Company, including without limitation, electing directors and approving material mergers, acquisitions or other business combination transactions.”

• HFCAA / PCAOB inspection risk

  “Gold Stone’s Class A Ordinary Shares may be prohibited from being traded under the Holding Foreign Companies Accountable Act if the PCAOB is unable to inspect our auditors for two consecutive years.”

• Cash transfer restrictions between entities

  “Currently, there are no foreign exchange controls in Hong Kong or the British Virgin Islands that materially affect our ability to transfer cash among these entities or to U.S. investors, although it is uncertain whether the PRC government may in the future impose restrictions on the ability of a Hong Kong entity to transfer cash out of Hong Kong.”