Company: IDVV
Filing Date: 2025-08-12
Form Type: 10-12G/A
Source: 0001683168-25-005941
Chunk: 177

Company: ModuLink Inc.
Filing Date: 2025-08-12
Form: 10-12G/A
Chunk 177
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 on disaggregation of those categories based on a quantitative threshold equal to 5% or more of the amount determined by multiplying
pretax income (loss) from continuing operations by the applicable statutory rate. For entities reconciling to the US statutory rate of
21%, this would generally require disclosing any reconciling items that impact the rate by 1.05% or more. ASU 2023-09 is effective for
public business entities for annual periods beginning after Dec. 15, 2024 (generally, calendar year 2025) and effective for all other
business entities one year later. Entities should adopt this guidance on a prospective basis, though retrospective application is permitted.
The adoption of ASU 2023-09 is expected to have a financial statement disclosure impact only and is not expected to have a material impact
on the Company’s consolidated financial statements.

Other pronouncements issued by the FASB or other
authoritative accounting standards groups with future effective dates are either not applicable or are not expected to be significant
to the Company’s financial position, results of operations or cash flows.

| NOTE 3 | SUBSIDIARIES |

Details of the Company’s principal
consolidated subsidiaries as of December 31, 2024 and 2023 were as follows:

| Name                                                        | Place of               
 Incorporation          | Ownership/Control 
 interest          
 attributable to   
 the Company       
 2024 2023         |     | Principal                                                       
 activities                                                      |
| ModuLink Investment Limited (“MIL”) (i)                     | British Virgin Islands | Nil        Nil    |     | Holding company                                                 |
| ModuLink Corporation Limited (“MCL”) (ii)                   | Hong Kong              | 100%   Nil        |     | Holding company and provision of intergroup management services |
| Zenith Integrated Modular Limited (“ZIML”) (iii)            | Hong Kong              | 100%   100%       |     | Provision of construction and engineering services              |
| Zenith AY Modular Buildings Company Limited (“ZAMBCL”) (iv) | Hong Kong              | 100%   Nil        |     | Provision of project management services in overseas (vi)       |
| ModuLink InnoTech Company Limited (“MICL”) (v)              | Hong Kong              | 100%   100%       |     | Provision of technology management services  (vii)              |

| F-33 |

<div align='center'>INTERNATIONAL ENDE