Company: LDDD
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001213900-25-108744
Chunk: 9

Company: Longduoduo Co Ltd
Filing Date: 2025-11-12
Form: 10-Q
Item: Part I, Item 1
Chunk 9
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 Kong  100  HK$  10,000   Beijing Julong Health Consulting Co., Limited  China  100     0   Beijing Yihua Health Consulting Co., Limited  China  100     0   Longduoduo Health Technology Company Limited  China  100     0   Inner Mongolia Qingguo Health Consulting Company Limited  China  90     0   Inner Mongolia Rongbin Health Consulting Company Limited  China  80     0   Inner Mongolia Chengheng Health Consulting Company Limited  China  80     0   Inner Mongolia Tianju Health Consulting Company Limited  China  51     0  

C. Use
of estimates

The preparation
of consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the
reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the financial statements, and
the reported amounts of revenue and expenses during the reporting periods. Management makes these estimates using the best information
available at the time the estimates are made; however, actual results could differ from those estimates. Significant items subject to
such estimates and assumptions include the inventory valuation allowance and the treatment of the shares issued. These estimates are often
based on complex judgments and assumptions that management believes to be reasonable but are inherently uncertain and unpredictable. Actual
results could differ from these estimates.

F-6

LONGDUODUO COMPANY LIMITED AND SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

FOR THE THREE MONTHS ENDED SEPTEMBER 30, 2025
AND 2024

(UNAUDITED)

D. Functional
currency and foreign currency translation

An entity’s functional currency is the currency
of the primary economic environment in which it operates, normally that is the currency of the environment in which the entity primarily
generates and expends cash. Management’s judgment is essential to determine the functional currency by assessing various indicators,
such as cash flows, sales price and market, expenses, financing and inter-company transactions and arrangements. The functional currency
of the Company is the Chinese Renminbi (“RMB’), except the functional currency of Longduoduo HK and LDDJK is the Hong Kong
Dollar and the functional currency of Longduoduo and LDD is the United States Dollar (“US Dollars” or