Company: KPEA
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001641172-25-023821
Chunk: 31

Company: Kun Peng International Ltd.
Filing Date: 2025-08-14
Form: 10-Q
Item: Item 1
Chunk 31
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 in the People’s Republic of China on September 2, 2020, with a registered capital of approximately
$1.5 million
(RMB 10 million).
As of June 30, 2025, it is owned by the following individuals: Yuanyuan Zhang (approximately 32.74%),
Zhandong Fan (approximately 27.74%),
Xiujin Wang (approximately 10.52%),
Jinjing Zhang, Wanfeng Hu, Cuilian Liu, and Zhizhong Wang (each of whom owns approximately 6.00%),
and Hui Teng (approximately 5.00%).
Those shareholders also indirectly owned KP International Holding prior to its acquisition by the Company through two British Virgin
Islands entities: Kunpeng Tech Limited and Kunpeng TJ Limited. Additionally, Yuanyuan Zhang is Chief
Financial Officer of the Company.

    20

The
VIE Agreements are as follows:

    (1)
    Consulting
    Service Agreement

    (2)
    Business
    Operation Agreement

    (3)
    Proxy
    Agreement

    (4)
    Equity
    Disposal Agreement

    (5)
    Equity
    Pledge Agreement

Consulting
Service Agreement

Pursuant
to the terms of a certain Exclusive Consulting Service Agreement dated May 15, 2021, between King Eagle (China) and King Eagle (Tianjin)
(the “Consulting Service Agreement”), King Eagle (China) is the exclusive consulting service provider to King Eagle (Tianjin)
to provide business-related software research and development services; design, installation, and testing services; network equipment
support, upgrade, maintenance, monitor, and problem-solving services; employees technical training services; technology development and
sublicensing services; public relations services; market investigation, research, and consultation services; short to medium term marketing
plan-making services; compliance consultation services; marketing events and membership related activities organizing services; intellectual
property permits; equipment and rental services; and business-related management consulting services. Pursuant to the Consulting Service
Agreement, the service fee is the remaining amount after King Eagle (Tianjin)’s profit before tax in the corresponding year deducts
King Eagle (Tianjin)’s losses, if any, in the previous year, the necessary costs, expenses, taxes, and fees incurred in the corresponding
year, and the withdraws of the statutory provident fund. King Eagle (Tian