Company: AOAO
Filing Date: 2025-09-16
Form Type: S-1/A
Source: 0001493152-25-013575
Chunk: 98

Company: Alpha One Inc.
Filing Date: 2025-09-16
Form: S-1/A
Chunk 98
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 the Company’s major subsidiaries were as follows:

| Entity                                    
 Name                                      
 Zhongyun                                  
 (BVI) Ltd                                 
 Zhongyun                                  
 Investment Hong Kong Ltd                  |     | Date          
 of            
 Incorporation 
 December      
 6, 2022       
 December      
 23, 2022      |     | Parent   
 Entity   
 AOAO     
 Zhongyun 
 BVI      |     | Nature                                                     
 of Operation                                               
 Investment                                                 
 holding                                                    
 Investment                                                 
 holding                                                    |     | Place          
 of             
 Incorporation  
 British        
 Virgin Islands 
 Hong           
 Kong           |
|:------------------------------------------|:----|:--------------|:----|:---------|:----|:-----------------------------------------------------------|:----|:---------------|
| Shenzhen                                  
 zhongyun communication technology Co. Ltd |     | August        
 25, 2020      |     | Zhongyun 
 HK       |     | Communiciation                                             
 engineer project service and intelligent products’ trading |     | Shenzhen,      
 China          |

| F-8 |

Use of estimates

The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions relating to the reporting of assets and liabilities and the disclosure of contingent liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting period. Significant accounting estimates include certain assumptions related to going concern, allowance of doubtful accounts, allowance of deferred tax asset and uncertain tax position, implicit interest rate of operating leases, useful lives and impairment of long-lived assets, and impairment of goodwill. Actual results may differ from these estimates.

Foreign currency translation and re-measurement

The Company’s reporting currency is the United States Dollars (“US$”) and the accompanying consolidated financial statements have been expressed in US$. In addition, the Company’s operating subsidiary maintains its books and records in their respective local currency, which consists of the Renminbi (“RMB”). The determination of the respective functional currency is based on the criteria set out by ASC 830, Foreign Currency Mattters, (“ASC 830”).

Transactions denominated in currencies other than in the functional currency are translated into the functional currency using the exchange rates prevailing at the transaction dates. Monetary assets and liabilities denominated in foreign currencies are translated into functional currency using the applicable exchange rates at the balance sheet date. Non-monetary items that are measured in term of historical cost in foreign currency are re-measured using the exchange rates at the dates of the initial transactions. Exchange gains or