Company: AOAO
Filing Date: 2025-01-10
Form Type: S-1/A
Source: 0001493152-25-001624
Chunk: 25

Company: Alpha One Inc.
Filing Date: 2025-01-10
Form: S-1/A
Chunk 25
---
 twenty-one cities) during the year ended March 31,2023 and a new project located at Guangxi Province during the year ended March 31,2024 The revenue derived from projects located in Guangdong Province during the year ended March 31,2023. and the majority of the revenue derived from projects located in Guangdong Province and minority from Guangxi Province for the year ended March 31, 2024. Given the Company’s concentration in revenue from Guangdong Province, the Company’s business is highly subject to the economic conditions and government policies which affect the Company’s business, results of operations and profitability.

TheCompany’s business operates on a non-recurring and project by project basis, failure to obtain new projects, and uncertainties in achieving objective of annual output, could materially affect the Company’s business and results of operations

The Company’s business operates on a project-by-project basis, as such they are non-recurring in nature. The Company has planned the annual output (represents the value of completed telecommunication engineering services, including accepted and pending acceptance work, for the fiscal year. It does not represent expected revenues.) and profits according to the projects under construction and coming projects (refer to the projects that the Company anticipates opportunities to participate in bidding or tending in the future), in order for the Company to undertake new projects, the Company must either participate in open tendering to compete for project made available by potential customers or await customers to approach the Company to solicit its services. As such, given the non-recurring nature of the Company’s projects, the Director believe that the Company’s future growth and success will depend on the Company’s ability to continue to secure projects. The Company cannot assure you that it will be able to secure projects from the Company’s existing or potential customers. In the event that there is a significant decrease in the number of projects or scale in terms of contract value of the projects awarded by the Company’s customers, the Company’s business and results of operations may be materially and adversely affected. The Company’s current revenue, which is on a non-recurring project basis and sales of third party product, is substantially less than our objective, and that substantial doubt exists regarding our ability to continue as a going concern.

We are heavily dependent on one supplier on the supply of our intelligent products, the loss of which could adversely affect our business, financial condition and results of operations

We are heavily dependent on one supplier “Shenzhen JingMeiJing Technology Co., Ltd” for the supply of our intelligent products.