Company: KPEA
Filing Date: 2025-01-14
Form Type: 10-K
Source: 0001493152-25-002124
Chunk: 423

Company: Kun Peng International Ltd.
Filing Date: 2025-01-14
Form: 10-K
Item: Item 1
Chunk 423
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,000,000 shares, par value
$0.0001, and on October 18, 2022, we effected a 10:1 forward stock split after which we have 400,000,000 shares of common stock issued
and outstanding.

On
November 8, 2022, the Company changed its name from CX Network Group, Inc. to Kun Peng International Ltd. and its trading symbol was
changed to “KPEA.”

On
November 11, 2022, the Company received an electronic notice that OTC Markets had approved its application for uplisting from OTC Pink
to the OTCQB Venture Market (OTCQB). The Company’s securities commenced trading on the OTCQB at the market open on November 14,
2022. The Company’s shares trade on the OTCQB under the current ticker symbol, “KPEA.”

Kun
Peng International Holding Limited

KP
International Holding was incorporated in the British Virgin Islands on April 20, 2021. On May 3, 2021, KP International Holding purchased
all of the issued and outstanding equity securities of Kun Peng (China) Industrial Development Company Limited, incorporated in Hong
Kong on August 11, 2017, for an aggregate cash consideration of $0.129 (HK$1). After the ownership transfer, KP International Holding
became the sole shareholder of KP (China). KP International Holding is a holding company.

Kun
Peng (China) Industrial Development Company Limited

KP (China)
was incorporated as a limited liability company in Hong Kong under the name of Jing Jin Ji Investment Group Co., Limited (“Jing
Jin Ji”) on August 11, 2017. The share capital of the company is 10,000 ordinary shares at $1,292 (HK$10,000) and, prior to its
acquisition by KP International Holding, it was wholly owned by an individual. On November 9, 2018, Jing Jin Ji changed its name to Kun
Peng (China) Industrial Development Company Limited and it filed a Certificate of Change of Name with the Hong Kong Company Registry
on the same day. Although it was incorporated in 2017, it did not commence operations until July 2020 as it focused on exploring business
opportunities in its initial phase and on developing our online mobile application, King Eagle Mall, through its subsidiary, King Eagle
(China) Co., Ltd. It