Company: KPEA
Filing Date: 2025-01-14
Form Type: 10-K
Source: 0001493152-25-002124
Chunk: 822

Company: Kun Peng International Ltd.
Filing Date: 2025-01-14
Form: 10-K
Item: Item 1B
Chunk 822
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 or if it would have significantly altered the “total mix” of information made available?), assessing among other factors potential or actual financial impacts, reputational damage, and operational disruptions.

    5.
    Report: Establish and monitor an incident response approach requiring our Chief Financial Officer to report to us, the full Board of Directors, and legal counsel any cybersecurity concerns or events.

    6.
    Disclosure: To ensure compliance with SEC requirements and maintain overall stakeholder confidence in the Company, all material and known facts regarding the cybersecurity breach will be recorded, including their nature, scope, and financial implications; and a Form 6-K will be prepared and filed within four (4) business days after the determination that a “material” cybersecurity incident has occurred.

We
presently do not engage third parties to assist with evaluating the effectiveness of our risk-management and cybersecurity practices.
The Company did not have any material cybersecurity breaches during the year ended September 30, 2024.

As
soon as the Board of Directors authorizes the creation of an audit committee comprised of our three independent non-executive directors,
and adoption of an audit committee charter, the Audit Committee will be the governance body involved in, and ultimately responsible for,
cybersecurity oversight. They will generally coordinate with our Chief Financial Officer in this regard. If needed, the full Board would
be updated on cybersecurity risks and incidents. As of the date of this Annual Report, the members of the Board of Directors currently
None of our directors on the Audit Committee nor our Chief Financial Officer have particular experience in cybersecurity matters. See
“Item 10. Directors, Executive Officers and Corporate Governance – Committees of the Board of Directors.”

75

ITEM
2. PROPERTIES

All
land in China is owned by the State. Individuals and companies are permitted to acquire rights to use land or land use rights for specific
purposes. In the case of land used for industrial purposes, the land use rights are granted for a certain period of no more than 50 years.
This period may be renewed at the expiration of the initial and any subsequent term. Granted land use rights are transferable and may
be used as security for borrowings and other obligations. We do not own or have not been granted land use rights to any property in China
or any other countries.

Owned
Real Property

Neither
our Company, the VIE, nor any of the VIE’s subsidiaries owns any real property.

Leased
Real Property

King
Eagle (China), King Eagle VIE