Company: JSKJ
Filing Date: 2025-11-17
Form Type: F-1
Source: 0001477932-25-008401
Chunk: 117

Company: Jiansu (Shanghai) Information Technology Co., Ltd
Filing Date: 2025-11-17
Form: F-1
Chunk 117
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,083 |   |     |        |  320,498 |   |     |   | 117.8 | %  |
| Unrealized gains from fair value changes    |     |                                     |       - |     |      |  728,663 |   |     |        | (728,663 | ) |     |   |  (100 | )% |
| Other miscellaneous incomes (expenses), net |     |                                     |  86,585 |     |      |  (16,386 | ) |     |        |  102,971 |   |     |   | 628.4 | %  |
| Total Other income (expense), net           |     |                                   $ | 876,594 |     |    $ |  821,098 |   |     | $      |   55,496 |   |     | $ |   6.8 | %  |

Total net other income increased by $55,496, or 6.8%, from net other income of approximately $0.8 million for the fiscal year ended June 30, 2023 to net other income of approximately $0.9 million for the fiscal year ended June 30, 2024. The increase was primarily attributable to an increase of approximately $0.4 million in net interest income from third parties, an increase of approximately $0.3 million in interest income from related parties and increase of approximately $0.1 million of increase of other miscellaneous income and expenses, offset by the decrease of approximately $0.7 million in fair value change of an investee. For the fiscal year ended June 30, 2023, we recognized unrealized gain of approximately $0.7 million from the observable fair value change due to the share transfer of Jiangsu Gongcheng Plastic Co., Ltd. and no fair value changes observed for the fiscal year ended June 30, 2024. The increase in interest income from third parties was primarily due to the increase in structured deposits in PRC banks, which have specific maturity date and offer certain fixed interest returns. The increase in interest income from related parties was due to the increase in the amount of loans to related parties. The increase in other miscellaneous income was primarily due to the increase in government grants.

Provision for Income Taxes

Under the EIT Law, the standard enterprise income tax rate for domestic enterprises and foreign invested enterprises is 25%. As small-scale taxpayers, 25% of the annual taxable