Company: KPEA
Filing Date: 2025-01-14
Form Type: 10-K
Source: 0001493152-25-002124
Chunk: 478

Company: Kun Peng International Ltd.
Filing Date: 2025-01-14
Form: 10-K
Item: Item 1
Chunk 478
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 on Housing Fund, employers like our PRC subsidiaries
in China must provide employees with welfare schemes covering pension insurance, unemployment insurance, maternity insurance, work-related
injury insurance, medical insurance, and housing funds. The various laws and regulations that govern employers’ obligation to contribute
to the social security funds include the Social Insurance Laws of the PRC, the Interim Regulation on the Collection and Payment of Social
Insurance Premiums, the Decision of the State Council on Establishing a Unified System of the Basic Pension Insurance for Enterprise
Employees, the Circular on Relevant Issues concerning the Improvement of the Basic Pension Insurance Policy for Urban Employees, the
Regulation on Work-related Injury Insurance, the Regulation on Unemployment Insurance, the Decision of the State Council on Establishing
the Basic Medical Insurance System for Urban Employees, the Circular on the Issuance of Provisions on the Administration of Basic Medical
Insurance for Urban Employees, and the Trial Measures on Maternity Insurance for Enterprise Employees.

Employees

Currently,
we have a total of 34 full-time employees. The following table sets forth the number of our full-time employees by function.

    Function
     
    Number
    of Employees

    IT
     
    6

    Finance
     
    4

    Sales
    and Marketing
     
    4

    General
    Affairs
     
    7

    General
    Service
     
    3

    Listing
     
    2

    General
    and Administrative
     
    5

    Planning
     
    3

    Total
     
    34

None
of our employees belong to a union or are a party to any collective bargaining or similar agreement. We consider our relationships with
our employees to be good.

ITEM
1A. RISK FACTORS

As
a smaller reporting company, we are not required to include risk factors in this report. However, below is a partial list of material
risks, uncertainties and other factors that could have a material effect on the Company and its operations:

Risks
Related to Our Business

The
ability of the Company to continue as a going concern is dependent upon the Company’s ability to raise additional funds and implement
its business plan.

The
auditor’s report on the audited consolidated financial statements of the Company included in this Annual Report include a paragraph
that indicates that they were prepared assuming that we would continue as a going concern. As of September 30,