Company: AOAO
Filing Date: 2025-12-12
Form Type: S-1/A
Source: 0001493152-25-027381
Chunk: 133

Company: Alpha One Inc.
Filing Date: 2025-12-12
Form: S-1/A
Chunk 133
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ong on December 23, 2022, Zhongyun HK is an investment holding company with no operations. On March 2, 2023, Zhongyun HK acquired Shenzhen Zhongyun Communication Technology Co., Ltd.

Shenzhen Zhongyun Communication Technology Co., Ltd, a Chinese company, a wholly foreign owned enterprise (WFOE), also referred to herein as “Shenzhen Zhongyun”, which was incorporated on August 25, 2020 by the controlling shareholder, Shuhua Liu. Shenzhen Zhongyun is principally engaged in the electronic products trading and telecommunication engineering servicess in the People’s Republic of China (“PRC”).

Shenzhen Zhongyun is the company through which we operate, and which shares our business plan with the goal of developing and providing modern electronic products trading and telecommunication engineering services to our future clients.

NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Going concern

The accompanying unaudited condensed consolidated financial statements have been prepared assuming that the Company will continue as a going concern, which contemplates the realization of assets and the discharge of liabilities in the normal course of business for the foreseeable future. For the three months ended June 30, 2025 and 2024, the Company incurred a net loss of $327,941 and $269,841, respectively and the net cash used cash in operating activities was $170,673 and $164,375 respectively. These factors raise substantial doubt about the Company’s ability to continue as a going concern within one year after the date the financial statements are issued.

As of June 30, 2025, we have cash on hand and at banks of $1,894, although we assess it is able to conduct our planned operation for the next twelve months after the date that the consolidated financial statements are issued. The continuation of the Company as a going concern is dependent upon (1) the continued financial support from its stockholders and director or its ability to obtain external financing, the company has only obtained verbal funding commitments from stockholders, which are non-binding and may not be fulfilled, no assurance can be given that the accurate financing amount and date. As a result, there can be no assurance that the Company will receive any financing from related parties, or that any funds, if provided, will be in the amounts of at the times needed to support operations. The director “Shuhua Liu” continued to provide the funding as working capital without binding and written funding commitment; (2)