Company: LDDD
Filing Date: 2025-09-26
Form Type: 10-K
Source: 0001213900-25-091988
Chunk: 595

Company: Longduoduo Co Ltd
Filing Date: 2025-09-26
Form: 10-K
Item: Item 7A
Chunk 595
---
46,271 for the year ended June 30, 2025.

NOTE
5. RELATED PARTY TRANSACTIONS

Due
to related parties

Due
to related parties consists of the following:

    Name of related party 
    June 30, 2025  
    June 30, 2024 
  
    Zhang Liang 
    $408  
    $2,233 
  
    Total 
    $408  
    $2,233 

Until
November 29, 2023, Zhang Liang was the President and Chairman of the Board of Longduoduo. Mr. Zhang Liang controls approximately 51.3%
of Longduoduo’s issued and outstanding common stock. These advances due to related parties are unsecured, repayable on demand,
and bear no interest.

Related parties’ transactions

Related parties’ transactions consists of
the following:

    For the year ended June 30, 
  
    Name of related parties 
    2025  
    2024 
  
    Zhang Liang 
    $8,630  
    $(105,918)
  
    Total 
    $8,630  
    $(105,918)

NOTE
6. INCOME TAXES

United
States

Longduoduo
is subject to the U.S. corporation tax rate of 21%.

British Virgin Islands

The Company’ subsidiary, LDD, is incorporated
in the BVI and is not subject to tax on income or capital gain. In addition, payments of dividends by LDD to its shareholders are not
subject to withholding tax in the BVI.

Hong
Kong

Longduoduo HK and LDDJK are incorporated in Hong
Kong and are subject to Hong Kong profits tax. They are subject to Hong Kong taxation on its activities conducted in Hong Kong and income
arising in or derived from Hong Kong. From year of assessment of 2019/2020 onwards, Hong Kong profits tax rates are 8.25% on assessable
profits up to HK$2,000,000, and 16.5% on any part of assessable profits over HK$2,000,000. The Company did not have any income (loss)
subject to the Hong Kong profits tax.

F-13

LONGDUODUO
COMPANY LIMITED AND SUBSIDIARIES

NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS

FOR
THE YEARS ENDED JUNE