Company: KPEA
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001641172-25-010699
Chunk: 54

Company: Kun Peng International Ltd.
Filing Date: 2025-05-15
Form: 10-Q
Item: Item 1
Chunk 54
---
 capital requirements 
     248,047  
     260,773 
  
    Mr. Richun Zhuang 
    Chief Executive Officer and Director 
    Operational support to King Eagle (Tianjin) to meet its working capital requirements 
     300,765  
     234,981 
  
    Ms. Yuanyuan Zhang 
    One of the shareholders of King Eagle (Tianjin) 
    Operational support to King Eagle (Tianjin) to meet its working capital requirements 
     90,635  
     121,094 
  
    Ms. Jinjing Zhang 
    One of the shareholders of King Eagle (Tianjin) 
    Operational support to King Eagle (Tianjin) to meet its working capital requirements 
     2,343  
     3,847 

    Mr. Zhandong Fan 
    One of the shareholders of King Eagle (Tianjin) 
    Operational support to King Eagle (Tianjin) to meet its working capital requirements 
     3,721  
     3,847 
  
    Mr. Cairong Ji 
    Legal representative of King Eagle (Hangzhou) 
    Operational support to King Eagle (Tianjin) to meet its working capital requirements 
     -  
     2,391 
  
    Tianjin Qianying Technology Co., Ltd. 
    100% held by Ms. Jinjing Zhang, one of the shareholders of King Eagle (Tianjin) 
    Payments of agency service charges 
     869,271  
     753,455 
  
    Beijing Paiyue Technology Co., LTD 
    100% held by Mr. Zhizhong Wang, one of the shareholders of King Eagle (Tianjin) 
    Payments of agency service charges 
     4,644  
     2,779 
  
    Total 

    $4,117,163  
    $4,069,413 

     31 

NOTE 11 - EQUITY

Effective as of September 9, 2021,
the Company’s Articles of Incorporation were amended to increase the Company’s authorized capital to 210,000,000 authorized
shares of capital stock with 200,000,000 designated as $0.0001 par value common stock and 10,000,000 designated as $0.0001 par value preferred
stock.

Effective on October 12, 2022,