Company: LDDD
Filing Date: 2025-05-14
Form Type: 10-Q
Source: 0001213900-25-042963
Chunk: 232

Company: Longduoduo Co Ltd
Filing Date: 2025-05-14
Form: 10-Q
Item: Part II, Item 8
Chunk 232
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 was
recorded as operating expense and $6,932 was recorded as cost of revenue.

The Company recorded depreciation expense of $37,234 for
the three months ended March 31, 2024, of which $32,835 was recorded as operating expense and $4,399 was recorded as cost
of revenue. The Company recorded depreciation expense of $75,937 for the nine months ended March 31, 2024, of which $68,106 was
recorded as operating expense and $7,831 was recorded as cost of revenue.

NOTE
5. RELATED PARTY TRANSACTIONS

Due from related parties

Due from related parties consists
of the following:

    Name of related party 
    March 31,  2025  
    June 30, 2024 
  
    Zhou Hongxiao 
    $13,778  
    $- 
  
    Total 
    $13,778  
    $- 

Zhou Hongxiao is the CEO of the Company. These
advances due from related parties were unsecured, repayable on demand, and bear no interest.

Due to related parties

Due to related parties consists
of the following:

    Name of related party 
    March 31,  2025  
    June 30, 2024 
  
    Zhang Liang 
    $2,329  
    $2,233 
  
    Total 
    $2,329  
    $2,233 

Until November 29, 2023, Zhang Liang was the President
and Chairman of the Board of Longduoduo. Mr. Zhang Liang controls approximately 51% of Longduoduo’s issued and outstanding common
stock. These advances due to related parties are unsecured, repayable on demand, and bear no interest.

F-11

LONGDUODUO COMPANY LIMITED AND SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

FOR THE NINE MONTHS ENDED MARCH 31, 2025 AND
MARCH 31, 2024

(UNAUDITED)

NOTE
6. INCOME TAXES

United
States

Longduoduo
is subject to the U.S. corporation tax rate of 21%.

British
Virgin Islands

The Company’ subsidiary, LDD, is incorporated
in the BVI and is not subject to