Company: KPEA
Filing Date: 2025-01-14
Form Type: 10-K
Source: 0001493152-25-002124
Chunk: 428

Company: Kun Peng International Ltd.
Filing Date: 2025-01-14
Form: 10-K
Item: Item 1
Chunk 428
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 a registered capital of approximately
$0.14 million (RMB 1 million). The entity is located in Sichuan province, PRC. It is a wholly-owned subsidiary of King Eagle VIE. This
entity has not commenced its operations as of the date of this Annual Report and is applying for online health care and medical services
permits from the relevant authorities. There can be no assurance that such permits will be obtained.

Kun
Pin Hui (Shandong) Trading Co. Ltd.

Kun
Pin Hui (Shandong) was established on November 23, 2023 under the laws of the People’s Republic of China with a registered capital
of approximately $0.4 million (RMB 3 million). The entity is located in Shandong province, PRC. It has been a wholly-owned subsidiary
of King Eagle VIE since April 7, 2024, on which date King Eagle VIE acquired 95% of Kun Pin Hui (Shandong)’s outstanding
shares from Zhandong Fan (5% shareholder of King Eagle (Tianjin) and 5% of its outstanding shares from Yuanyuan Zhang (10% shareholder
of King Eagle (Tianjin)) at a purchase price of $0.14 (RMB 1 Yuan) per share.
Kun Pin Hui (Shandong) provides online trading services and sells products online.

King
Eagle (Hangzhou) Health Technology Co., Ltd

King Eagle (Hangzhou)
was established on July 18, 2024 under the laws of the People’s Republic of China with a registered capital of approximately $0.1
million (RMB 1 million). The entity is located in Zhejiang province, PRC. It is owned 95% by King Eagle VIE and 5% by Hongxiaodou (Hangzhou)
Health Technology Co., Ltd. This entity became fully operational in August 2024.

On
August 8, 2024, King Eagle (Hangzhou) entered into certain agreements with Yunnan Linpingkang Pharmaceutical Co., Ltd, pursuant to which
we subscribe for 40% of Shanxi Limei Aosikang Hospital Management Co., Ltd.

The
following diagram illustrates our corporate structure as of the date of this Annual Report:

    (1)
    The
    contractual agreements between King Eagle (China) and King Eagle VIE consist of:

    (1