Company: KPEA
Filing Date: 2025-01-14
Form Type: 10-K
Source: 0001493152-25-002124
Chunk: 500

Company: Kun Peng International Ltd.
Filing Date: 2025-01-14
Form: 10-K
Item: Item 1
Chunk 500
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RC within three working days following its
submission of an initial public offering or listing application. Companies that have already been listed on overseas stock exchanges
or that have obtained approval from overseas securities regulators or stock exchanges for their offering and listing and that complete
their overseas offering and listing prior to September 30, 2023 are not required to make immediate filings for their listing, yet need
to make filings for subsequent offerings in accordance with the Trial Measures. Companies that have already submitted an application
for an initial public offering to overseas securities regulators prior to the effective date of the Trial Measures but have not yet obtained
approval from overseas securities regulators or stock exchanges for the offering and listing may arrange for the filing within a reasonable
time period and should complete the filing procedure before such companies’ overseas issuance and listing.

59

According
to the Notice on Administration Arrangements for the Filing of Overseas Listings by Domestic Enterprises, domestic companies that have
already been listed overseas before the effective date of the Trial Measures, March 31, 2023, shall be deemed Existing Issuers, and Existing
Issuers are not required to complete the filing procedures immediately, but they will be required to file with the CSRC for any subsequent
offerings. If a domestic company fails to complete required filing procedures or conceals any material fact or falsifies any major content
in its filing documents, such domestic company may be subject to administrative penalties, such as an order to rectify, warnings, and
fines, and its controlling shareholders, actual controllers, the person directly in charge, and other directly liable persons may also
be subject to administrative penalties, such as warnings and fines.

On
February 24, 2023, the CSRC, together with the Ministry of Finance, the National Administration of State Secrets Protection and National
Archives Administration of China, revised the Provisions on Strengthening Confidentiality and Archives Administration for Overseas Securities
Offering and Listing, which were issued by the CSRC and National Administration of State Secrets Protection and National Archives Administration
of China in 2009, or the Provisions. The revised Provisions were issued under the title the “Provisions on Strengthening Confidentiality
and Archives Administration of Overseas Securities Offering and Listing by Domestic Companies,” and came into effect on March 31,
2023, together with the Trial Measures. One of the major revisions to the revised Provisions is expanding their application to cover
indirect overseas offerings and listing, as is consistent with the Trial