TEXT-EXTRACT 2 filename2.txt United States securities and exchange commission logo December 1, 2023 Dave Chan Ming Chief Executive Officer SU Group Holdings Ltd Unit 01 03, 3/F, Billion Trade Centre 31 Hung To Road, Kwun Tong Kowloon, Hong Kong Re: SU Group Holdings Ltd Registration Statement on Form F-1 Filed November 22, 2023 File No. 333-275705 Dear Dave Chan Ming: We have reviewed your registration statement and have the following comments. Please respond to this letter by amending your registration statement and providing the requested information. If you do not believe a comment applies to your facts and circumstances or do not believe an amendment is appropriate, please tell us why in your response. After reviewing any amendment to your registration statement and the information you provide in response to this letter, we may have additional comments. Registration Statement on Form F-1 Dilution, page 53 1. Please tell us how you calculated the net tangible book value per ordinary share and as adjusted net tangible book value per ordinary share after the offering. Business Our Suppliers, page 110 2. We reissue comment 21 from our letter dated July 26, 2023. We note your disclosure that during the fiscal years ended September 30, 2021 and 2022, your single largest supplier accounted for 36.6% and 20.2% of your total purchases, respectively. Please tell us whether you have entered into an agreement with this supplier, and if so, please revise to describe the material terms of the agreement and file the agreement as an exhibit to the registration statement, or tell us why you are not required to do so. Dave Chan Ming SU Group Holdings Ltd December 1, 2023 Page 2 We remind you that the company and its management are responsible for the accuracy and adequacy of their disclosures, notwithstanding any review, comments, action or absence of action by the staff. Refer to Rules 460 and 461 regarding requests for acceleration. Please allow adequate time for us to review any amendment prior to the requested effective date of the registration statement. Please contact Keira Nakada at 202-551-3659 or Rufus Decker at 202-551-3769 if you have questions regarding comments on the financial statements and related matters. Please contact Taylor Beech at 202-551-4515 or Donald Field at 202-551-3680 with any other questions. Sincerely, FirstName LastNameDave Chan Ming Division of Corporation Finance Comapany NameSU Group Holdings Ltd Office of Trade & Services December 1, 2023 Page 2 cc: Richard Anslow, Esq. FirstName LastName