Company: KPEA
Filing Date: 2025-01-14
Form Type: 10-K
Source: 0001493152-25-002124
Chunk: 438

Company: Kun Peng International Ltd.
Filing Date: 2025-01-14
Form: 10-K
Item: Item 1
Chunk 438
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, and to King Eagle VIE and its subsidiaries as loans.

See
“Condensed Consolidating Schedule,” below and “Item 8. Financial Statements and Supplementary Data - Consolidated Financial
Statements and Footnotes” on page 95.

Condensed
Consolidating Schedule

Set
forth below is the condensed consolidated balance sheet information as of September 30, 2024 and 2023, and condensed consolidated statements
of operations and cash flows for the fiscal years ended September 30, 2024 and 2023, showing financial information for the parent company,
Kun Peng International Limited, the non-VIE subsidiaries (as defined below) and the VIE (as defined below), eliminating entries and consolidated
information (in dollars). In the tables below, the column headings correspond to the following entities in the organizational diagram
on page 15.

For
the purposes of this section:

“Parent
Entity” refers to Kun Peng International Limited;

“Non-VIE
Subsidiaries” refers to the following entities:

    ●
    Kun
    Peng International Holding Limited (“KP International Holding”)

    ●
    Kun
    Peng (Hong Kong) Industrial Development Limited (“KP (Hong Kong)”)

    ●
    Kun
    Peng Tian Yu Health Technology Co., Ltd. (“KP Tian Yu”).

    ●
    King Eagle (China) Co., Ltd. (“King Eagle (China)”)

“VIE”
refers to King Eagle (Tianjin) Technology Co., Ltd. (“King Eagle (Tianjin)”) and its subsidiaries.

“WFOE”
refers to King Eagle (China) until March 3, 2023 and KP Tian Yu since March 3, 2023.

21

Condensed
Consolidated Balance Sheets

As
of September 30, 2024

    Parent Only  
    Non-VIE and Non-WFOE Subsidiaries Consolidated  
    WFOE  
    VIE and VIE’s Subsidiaries Consolidated  
    Elimination Entries and Reclassification Entries  
    Consolidated 
  
    Cash and cash equivalent 
    $-  
    $981  
    $71  
    $81,132  
    $-  
    $82,184 
  
    Intercompany receivables-current 
     -  
     531,169(2) 
     -  
     2,316,