Company: KPEA
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001641172-25-010699
Chunk: 11

Company: Kun Peng International Ltd.
Filing Date: 2025-05-15
Form: 10-Q
Item: Item 1
Chunk 11
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 permits to provide online health care services are obtained

    Kun Pin Hui (Shandong) Trading Co., Ltd

    ●a limited liability company incorporated in
    the People’s Republic of China
    ● Incorporated on November 23, 2023
    ● Acquired on April 17, 2024
     
    100% owned by King Eagle (Tianjin) Technology Co., Ltd.
     
    Registered capital of $0.4 million (RMB 3 million)
     
    Operates online platform

    King Eagle (Hangzhou) Health Technology Co., Ltd
     
    ●a limited liability company incorporated in the People’s Republic of China
                                                         ● Incorporated on July 18, 2024
     
    40% owned by King Eagle (Tianjin) Technology Co., Ltd.
     
    Registered capital of $0.1 million (RMB 1 million)
     
    Commenced operations in August 2024

Authorized Shares and Name Change

Effective as of September 9, 2021,
the Company’s Articles of Incorporation were amended to change the name of the Company from CX Network Group, Inc. to Kun Peng International
Limited. (“KPIL”) and 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 October 12, 2022, we
increased our authorized common stock from 200,000,000 shares, par value $0.0001, to 1,000,000,000 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.

     8 

On November 8,
2022, the Company’s 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