Company: KPEA
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001641172-25-023821
Chunk: 8

Company: Kun Peng International Ltd.
Filing Date: 2025-08-14
Form: 10-Q
Item: Item 1
Chunk 8
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 tax 
    $-  
    $- 

The
accompanying notes are an integral part of these unaudited condensed consolidated financial statements

5

KUN
PENG INTERNATIONAL LTD

NOTES
TO THE CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

JUNE
30, 2025

(UNAUDITED)

NOTE
1 - ORGANIZATION AND DESCRIPTION OF BUSINESS

Kun
Peng International Limited (“the Company,” “KPIL,” “KPEA,” “we,” “us,” “our”),
a Nevada corporation (formerly known as CX Network Group, Inc.), through its subsidiaries and VIE, is currently engaged in the sale of
health care and health-related household products through its online platforms, King Eagle Mall and Kun Zhi Jian.

SCHEDULE
OF COMPANY INFORMATION AND ORGANIZATIONAL ACTIVITIES 

    Name
     
    Background
     
    Ownership
     
    Registered
                                            capital /
    Authorized
    shares
     
    Principal
    activities
  
    Kun
    Peng International Limited
     
    ●
                                            A U.S. company
    ●
    Incorporated on June 28, 2017

    Authorized
                                            shares:
    ●
    Common stock: 1,000,000,000 with par value $0.0001 per share
    ●
    400,000,000 shares issued and outstanding as of June 30, 2025
    Preferred
    stock:
    ●
    10,000,000 with par value $0.0001 per share
    ●
    no shares issued and outstanding as of June 30, 2025
     
    Investment
    holding

    Kun
    Peng International Holding Limited
     
    ●
                                            A BVI company
    ●
    Incorporated on April 20, 2021
     
    100%
    owned by Kun Peng International Limited
     
    Paid
    capital: 400 ordinary shares at par value of $0.01 per share
     
    Investment
    holding

    Kunpeng
    (China) Industrial Development Company Limited
     
    ●
                                            A Hong Kong company
    ●
    Incorporated on August 11, 2017
    ●
    Deregistration from Hong Kong Inland Revenue Department and Hong Kong Company Registry, approved on February 2, 2024
     
    100