Company: JSKJ
Filing Date: 2025-11-17
Form Type: F-1
Source: 0001477932-25-008401
Chunk: 116

Company: Jiansu (Shanghai) Information Technology Co., Ltd
Filing Date: 2025-11-17
Form: F-1
Chunk 116
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 year ended June 30, 2024. This decrease in selling expenses can be primarily attributed to the following two factors.

| (i)  | Our shipping and delivery expenses decreased by approximately $0.6 million, or 63.5%, from approximately $1.0 million for the fiscal year ended June 30, 2023 to approximately $0.4 million for the fiscal year ended June 30, 2024 primarily due to a strategic shift in our delivery method. By optimizing our delivery logistics to increase the number of orders fulfilled directly by our suppliers or through client pick-up options, we were able to decrease our reliance on external shipping services, thereby lowering our overall shipping and delivery expenses. |
| (ii) | Our salary and welfare benefit expenses decreased by approximately $0.1 million mainly driven by our continuous development and improvement of our supply chain management platform. These technological advancements have improved our overall cost efficiency, allowing us to streamline operations and reduce labor costs associated with selling activities.                                                                                                                                                                                                              |

| 81 |

Other Income (Expenses)

Other income (expenses) primarily included interest income, interest expenses, investment income, government subsidiary income, gain from fair value change of investee, gain or loss from disposal of subsidiary and fixed assets, and other non- operating income or expenses.

|                                             |     | For the Fiscal Years Ended June 30, |         |     |      |          |   |     | Change |          |   |     |   |       |    |
|:--------------------------------------------|:----|------------------------------------:|--------:|:----|-----:|---------:|:--|:----|:-------|---------:|:--|:----|:--|------:|:---|
|                                             |     |                                2024 |         |     | 2023 |          |   |     | $      |          |   |     | % |       |    |
| Other income (expense)                      |     |                                     |         |     |      |          |   |     |        |          |   |     |   |       |    |
| Interest income (expenses), net             |     |                                   $ | 197,428 |     |      | (163,262 | ) |     |        |  360,690 |   |     |   | 220.9 | %  |
| Interest income - related parties           |     |                                     | 592,581 |     |      |  272