Company: AOAO
Filing Date: 2025-10-16
Form Type: S-1/A
Source: 0001493152-25-018240
Chunk: 69

Company: Alpha One Inc.
Filing Date: 2025-10-16
Form: S-1/A
Chunk 69
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ii) a decrease of $230,562 in account payable; (iii) an increase of $418,460 in accrued liabilities and other payable.

Cash Flow from Investing Activities

Cash flow used in investing activities was nil for the three months ended June 30, 2025 and 2024, respectively.

Cash Flow from Financing Activities

Cash flow provided by financing activities was $111,431 for the three months ended June 30, 2025 and cash flow used in financing activities was of $$200,170 for the three months ended June 30, 2024. The increase in net cash provided by financing activities was mainly due to the increase in collection of related parties.

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<div align='center'>INDUSTRY OVERVIEW</div>

This section includes market and industry data that we have developed from publicly available information; various industry publications and other published industry sources and our internal data and estimates. Although we believe the publications and reports are reliable, we have not independently verified the data. Our internal data, estimates and forecasts are based upon information obtained from trade and business organizations and other contacts in the market in which we operate and our management’s understanding of industry conditions.

As of the date of the preparation of this section, these and other independent government and trade publications cited herein are publicly available on the Internet without charge. Upon request, the Company will also provide copies of such sources cited herein.

Telecom Infrastructure Engineering in China

China’s telecommunications infrastructure sector is one of the most dynamic and rapidly expanding industries in the world, fueled primarily by the accelerated deployment of 5G networks, broadband expansion, and increasing investments in digital infrastructure. As China pushes towards digital transformation, telecom infrastructure engineering plays a critical role in the construction and maintenance of the systems that support high-speed internet, mobile communications, and data services across the country.

The telecommunications infrastructure market in China was valued at approximately $31.62 billion in 2024 (https://www.linkedin.com/pulse/china-telecom-network-infrastructure-market-evaluation-ioxnf/), reflecting its vast scale and robust growth trajectory. This figure is expected to grow significantly, to a projected strong compound annual growth rate (CAGR) of 14.49% over the period from 2024 to 2031 driven by China’s ambitious plans to expand its 5G network and fiber-optic infrastructure.

The telecommunications infrastructure market in the world has experienced substantial growth in recent years. It is projected to increase from $94.1 billion in 2023 to