Company: LDDD
Filing Date: 2025-09-26
Form Type: 10-K
Source: 0001213900-25-091988
Chunk: 51

Company: Longduoduo Co Ltd
Filing Date: 2025-09-26
Form: 10-K
Item: Item 1
Chunk 51
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 used in financing activities for the years ended June 30, 2025 and 2024 was $0.

Critical
Accounting Policies

The
discussion and analysis of the Company’s financial condition and results of operations is based upon its consolidated financial
statements, which have been prepared in accordance with United States generally accepted accounting principles. The preparation of these
financial statements requires us to make significant estimates and judgments that affect the reported amounts of assets, liabilities,
revenues and expenses, and related disclosure of contingent assets and liabilities. These items are monitored and analyzed by management
for changes in facts and circumstances, and material changes in these estimates could occur in the future. Changes in estimates are recorded
in the period in which they become known. The Company bases its estimates on historical experience and various other assumptions that
we believe to be reasonable under the circumstances. Actual results may differ from our estimates if past experience or other assumptions
do not turn out to be substantially accurate.

In
our preparation of the financial statements for the year ended June 30, 2025, there was no estimate made which was (a) subject to a high
degree of uncertainty and (b) material to our results. 

33

Trends,
Events and Uncertainties

The
U.S. government, including the SEC, has made statements and taken actions that have led to changes in relations between the U.S. and
China, and will impact companies with connections to the United States or China. Those actions by the U.S. government included imposing
several rounds of tariffs affecting certain products manufactured in China and imposing sanctions and restrictions in relation to China.
Actions by the SEC included issuing statements indicating that it would make enhanced review of companies with significant China-based
operations. It is unknown whether and to what extent new legislation, executive orders, tariffs, laws or regulations will be adopted,
or the effect that any such actions would have on U.S.-domiciled companies with significant connections to China, our industry or on
us. Any unfavorable government policies on cross-border relations, including increased scrutiny on companies with significant China-based
operations, capital controls or tariffs, may affect our ability to raise capital and the market price of our shares. If any new legislation,
executive orders, tariffs, laws and/or regulations are implemented, if existing trade agreements are renegotiated or if the U.S. or Chinese
governments take retaliatory actions due to the recent U.S.-China tensions, such changes could have an adverse effect on our business,