Company: LDDD
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001213900-25-108744
Chunk: 17

Company: Longduoduo Co Ltd
Filing Date: 2025-11-12
Form: 10-Q
Item: Part I, Item 1
Chunk 17
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374 was recorded as
cost of revenue.

The Company disposed of fully depreciated assets
with a total value of $14,044 for the quarter ended September 30, 2025.

NOTE
5. RELATED PARTY TRANSACTIONS

Due from related parties

Due from related parties consists
of the following:

    Name of related party 
    September 30,  2025  
    June 30, 2025 
  
    Zhou Hongxiao 
    $301  
    $- 
  
    Total 
    $301  
    $- 

Zhou Hongxiao is the CEO of the Company. The amount
receivable from related parties was unsecured, repayable on demand, and bore no interest.

Due to related parties

Due to related parties consists
of the following:

    Name of related party 
    September 30,  2025  
    June 30, 2025 
  
    Zhang Liang 
    $409  
    $408 
  
    Xu Huibo 
     1,054  
     - 
  
    Total 
    $1,463  
    $408 

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.

Xu Huibo is the President
and Chairman of the Company. These advances due to related parties are unsecured, repayable on demand, and bear no interest.

F-11

LONGDUODUO COMPANY LIMITED AND SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

FOR THE THREE MONTHS ENDED SEPTEMBER 30, 2025
AND 2024

(UNAUDITED)

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