# EDGAR Filing Document

**Accession Number:** 0002049187
**File Stem:** 0001213900-26-044471
**Filing Date:** 2026-4
**Character Count:** 34688
**Document Hash:** df2a1d2c52d41b1a880f68933e1319c8
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001213900-26-044471.hdr.sgml**: 20260416

**ACCESSION NUMBER**: 0001213900-26-044471

**CONFORMED SUBMISSION TYPE**: 6-K

**PUBLIC DOCUMENT COUNT**: 51

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20260416

**DATE AS OF CHANGE**: 20260416

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** K-TECH SOLUTIONS CO LTD
- **CENTRAL INDEX KEY:** 0002049187
- **STANDARD INDUSTRIAL CLASSIFICATION:** GAMES, TOYS & CHILDREN'S VEHICLES (NO DOLLS & BICYCLES) [3944]
- **ORGANIZATION NAME:** 04 Manufacturing
- **EIN:** 000000000

**FILING VALUES:**
- **FORM TYPE:** 6-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-42746
- **FILM NUMBER:** 26866408

**BUSINESS ADDRESS:**
- **STREET 1:** UNIT A, 7/F, MAI ON INDUSTRIAL BUILDING
- **STREET 2:** 17-21 KUNG YIP STREET, KWAI CHUNG
- **CITY:** NEW TERRITORIES
- **STATE:** K3
- **ZIP:** 00000
- **BUSINESS PHONE:** 852 2741 3165

**MAIL ADDRESS:**
- **STREET 1:** UNIT A, 7/F, MAI ON INDUSTRIAL BUILDING
- **STREET 2:** 17-21 KUNG YIP STREET, KWAI CHUNG
- **CITY:** NEW TERRITORIES
- **STATE:** K3
- **ZIP:** 00000

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** K-TECH HOLDINGS Ltd.
- **DATE OF NAME CHANGE:** 20241218

?xml version='1.0' encoding='ASCII'?

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM 6-K**

**REPORT OF FOREIGN PRIVATE ISSUER**

**PURSUANT TO RULE 13a-16 OR 15d-16**

**UNDER THE SECURITIES ACT OF 1933**

**For the month of April 2026**

**Commission File Number: 001-42415**

**K-TECH SOLUTIONS COMPANY LIMITED**

**(Name of Registrant)**

**Unit A, 7/F, Mai On Industrial Building**

**17-21 Kung Yip Street, Kwai Chung**

**New Territories, Hong Kong** 

(**Address of Principal Executive Offices**)

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

Form 20-F ☒&nbsp;&nbsp;&nbsp;&nbsp; Form 40-F ☐

**K-TECH SOLUTIONS COMPANY LIMITED Reports Financial Results for the Six Months Ended September 30, 2025**

K-TECH SOLUTIONS COMPANY LIMITED (the "Company") is furnishing this current report on Form 6-K to provide its unaudited condensed consolidated financial statements for the six months ended September 30, 2025, and to provide its Management's Discussion and Analysis of Financial Condition and Results of Operations with respect to such financial statements.

The unaudited condensed consolidated financial statements as of September 30, 2025 are attached to this Form 6-K as Exhibit 99.1. These unaudited condensed consolidated financial statements have not been reviewed on behalf of the shareholders by the independent external auditors of the Company.

**SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS**

This Form 6-K and the exhibits hereto contain certain forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company's current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as "approximates," "assesses," "believes," "hopes," "expects," "anticipates," "estimates," "projects," "intends," "plans," "will," "would," "should," "could," "may" or similar expressions.

Many of these statements are based on our assumptions about factors that are beyond our ability to control or predict and are subject to significant risks and uncertainties that are described more fully in "Item 3. Key Information-D. Risk Factors" on our annual report on Form 20-F filed with the SEC on August 15, 2025. Any of these factors or a combination of these factors could materially affect our future results of operations and the ultimate accuracy of the forward-looking statements. Fluctuations in our future financial results may negatively impact the value of our ordinary shares. In addition to these important factors, important factors that, in our view, could cause actual results to differ materially from those discussed in the forward-looking statements include, among other things:

● Assumptions about our future financial and operating results, including revenue, income expenditures, cash balances, and other financial items;

● Our ability to execute our growth, and expansion, including our ability to meet our goals;

● Current and future economic and political conditions;

● Our capital requirements and our ability to raise any additional financing which we may require;

● Our ability to attract clients and further enhance our brand recognition;

● Our ability to hire and retain qualified management personnel and key employees in order to enable us to develop our business;

● Trends and competition in the toy industry;

● Other assumption described in this report underlying or relating to any forward-looking statements.

Should one or more of the foregoing risks or uncertainties materialize, should any of our assumptions prove incorrect, or should we be unable to address any of the foregoing factors, our actual results may vary in material and adverse respects from those projected in these forward-looking statements. Consequently, there can be no assurance that actual results or developments anticipated by us will be realized or, even if substantially realized, that they will have the expected consequences to, or effects, on us. Given these uncertainties, prospective investors are cautioned not to place undue reliance on such forward-looking statements.

The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company's report and other filings with the U.S. Securities and Exchange Commission. As a result, you are cautioned not to rely on any forward-looking statements.

**Financial Statements and Exhibits.**

<u>Exhibits</u>:

---

| | |
|:---|:---|
| **Exhibit No.** | **Description** |
| 99.1 | [Unaudited Condensed Consolidated Financial Statements as of September 30, 2025 and for the Six Months Ended September 30, 2025 and 2024.](ea027814901ex99-1_ktech.htm) |
| 101.INS | Inline XBRL Instance Document |
| 101.SCH | Inline XBRL Taxonomy Extension Schema Document. |
| 101.CAL | Inline XBRL Taxonomy Extension Calculation Linkbase Document. |
| 101.DEF | Inline XBRL Taxonomy Extension Definition Linkbase Document. |
| 101.LAB | Inline XBRL Taxonomy Extension Label Linkbase Document. |
| 101.PRE | Inline XBRL Taxonomy Extension Presentation Linkbase Document. |
| 104 | Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101). |

---

**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

---

| | | |
|:---|:---|:---|
|  | K-Tech Solutions Company Limited | K-Tech Solutions Company Limited |
| Date: April 16, 2026 | By: | /s/ *Kwok Yiu Keung* |
|  |  | **Kwok Yiu Keung** |
|  |  | **Chief Executive Officer** |

---

## Exhibit 99.1

?xml version='1.0' encoding='ASCII'?

**Exhibit 99.1**

**K-TECH SOLUTIONS COMPANY LIMITED AND ITS SUBSIDIARIES**

**UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS**

---

| | | |
|:---|:---|:---|
|  | **As of** | **As of** |
|  | **September 30,**<br>**2025** | **March 31,**<br>**2025** |
|  | **US$** | **US$** |
| **Assets** |  |  |
| **Current assets:** |  |  |
| Cash and cash equivalents | 7484589 | 4373256 |
| Account receivable, net | 3086303 | 1387915 |
| Amount due from related parties, net | 1941 | - |
| Tax refundable | - | 97858 |
| Prepayments, deposits and other receivable | 38293 | 454700 |
| **Total current assets** | 10611126 | 6313729 |
| **Non-current assets:** |  |  |
| Property, plant and equipment | 191881 | 250821 |
| Right-of-use assets - finance lease | 240839 | 328203 |
| Deferred tax assets | 39566 | 32859 |
| **Total non-current assets** | 472286 | 611883 |
| **TOTAL ASSETS** | 11083412 | 6925612 |
| **Liabilities** |  |  |
| **Current liabilities:** |  |  |
| Bank loans – current | 171043 | 184334 |
| Accounts payable | 1614292 | 1716216 |
| Other payables and accruals liabilities | 136437 | 168170 |
| Contract liabilities | 415597 | 430735 |
| Amounts due to related parties | 157255 | 450894 |
| Tax payable | 14238 | - |
| Current lease liabilities under finance leases | 179201 | 175315 |
| **Total current liabilities** | 2688063 | 3125664 |
| **Non-current liabilities** |  |  |
| Bank loans | 763343 | 854859 |
| Non-current lease liabilities under finance leases | 60544 | 151968 |
| **Total non-current liabilities** | 823887 | 1006827 |
| **TOTAL LIABILITIES** | 3511950 | 4132491 |
| Commitments and contingencies | - | - |
| **Shareholders' equity** |  |  |
| Ordinary shares (US$0.0001) par value, 500,000,000 shares authorized; and 21,100,000 and 19,500,000 shares issued and outstanding at September 30, 2025 and March 31, 2025 respectively | 2110 | -<br> \* |
| Additional paid-in capital | 5283446 | - |
| Translation reserve | 11731 | 24699 |
| Retained earnings | 2274175 | 2768422 |
| **Total shareholders' equity** | 7571462 | 2793121 |
| **TOTAL LIABILITIES AND EQUITY** | 11083412 | 6925612 |

---

\* Amount is immaterial and below US$1.00

The accompanying notes are an integral part of these unaudited condensed consolidated financial statements.

**K-TECH SOLUTIONS COMPANY LIMITED AND ITS SUBSIDIARIES**

**UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME**

---

| | | |
|:---|:---|:---|
|  | **For the Six Months ended<br> September 30,** | **For the Six Months ended<br> September 30,** |
|  | **2025** | **2024** |
|  | **US$** | **US$** |
| Revenues | 10886381 | 12410490 |
| Cost of revenues | (9392926) | (10798640) |
| Gross profit | 1493455 | 1611850 |
| Operating expenses |  |  |
| Selling and distribution expenses | (140886) | (23623) |
| General and administrative expenses | (1788534) | (955787) |
| Total operating expenses | (1929420) | (979410) |
| Income from operations | (435965) | 632440 |
| Other income: |  |  |
| Other income | 25 | - |
| Exchange difference | 37676 | 18577 |
| Interest income, net | 8630 | 14442 |
| Total other income, net | 46331 | 33019 |
| (Loss) / Income before tax expenses | (389634) | 665459 |
| Income tax expenses | (104613) | (79484) |
| Net (loss) / income | (494247) | 585975 |
| Other comprehensive (loss) / income, net of tax |  |  |
| Foreign currency translation adjustment | (12968) | 18014 |
| Total other comprehensive (loss) / income | (507215) | 603989 |
| Net (Loss) / Income per share attributable to ordinary shareholders |  |  |
| Basic and diluted | 21100000 | 19500000 |
| Weighted average number of ordinary shares used in computing net income per share | (0.024) | 0.0310 |

---

**K-TECH SOLUTIONS COMPANY LIMITED AND ITS SUBSIDIARIES**

**UNAUDITED CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN SHAREHOLDERS' EQUITY**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Ordinary share <br> (US$0.0001 par value)** | **Ordinary share <br> (US$0.0001 par value)** | | | | |
|  | **Number of Shares** | **Amount<br> US$** | **Translation**<br>**reserve <br> US$** | **Additional<br> paid-in**<br>**capital <br> US$** | **Retained**<br>**earnings<br> US$** | **Total <br> Stockholders'**<br>**Equity <br> US$** |
| Balance as of April 1, 2024 | 19500000 | -<br> \* | 511 | - | 2280465 | 2280976 |
| Net income | - | - | 18014 | - | 585975 | 603989 |
| Balance as of September 30, 2024 | 19500000 | -<br> \* | 18525 | - | 2866440 | 2884965 |
| Balance as of April 1, 2025 | 19500000 | -<br> \* | 24699 | - | 2768422 | 2793121 |
| Proceeds from initial public offering, net | 1600000 | 2110 | - | 5283446 | - | 5285556 |
| Net loss | - | - | (12968) | - | (494247) | (507215) |
| Balance as of September 30, 2025 | 21100000 | 2110 | 11731 | 5283446 | 2274175 | 7571462 |

---

\* Amount is immaterial and below US$1.00

The accompanying notes are an integral part of these unaudited condensed consolidated financial statements.

**K-TECH SOLUTIONS COMPANY LIMITED AND SUBSIDIARY UNAUDITED INTERIM CONDENSED COMBINED STATEMENTS OF CASH FLOWS (Currency expressed in United States Dollars ("US$")**

---

| | | |
|:---|:---|:---|
|  | **Six months ended <br> September 30,** | **Six months ended <br> September 30,** |
|  | **2025** | **2024** |
|  | **US$** | **US$** |
| **Cash flows from operating activities:** |  |  |
| &nbsp;&nbsp;&nbsp;Net (loss) / income | (494247) | 585975 |
| Adjustments to reconcile net income to net cash (used in)/generated from operating activities: |  |  |
| &nbsp;&nbsp;&nbsp;Income tax expenses | - | 79484 |
| &nbsp;&nbsp;&nbsp;Depreciation of property, plant and equipment | 57970 | 58017 |
| &nbsp;&nbsp;&nbsp;Amortization of right-of-use assets | 85784 | 70107 |
| &nbsp;&nbsp;&nbsp;Interest income | (40096) | (53285) |
| &nbsp;&nbsp;&nbsp;Reversal of allowance for credit losses | - | (10757) |
| &nbsp;&nbsp;&nbsp;Interest expenses | 31466 | 38823 |
| &nbsp;&nbsp;&nbsp;Unrealized foreign exchange loss/(gain) | - | (52544) |
| **Changes in operating assets and liabilities:** |  |  |
| &nbsp;&nbsp;&nbsp;Accounts receivable | (1704317) | (1964310) |
| &nbsp;&nbsp;&nbsp;Prepayments, deposits and other receivables | 414465 | (131789) |
| &nbsp;&nbsp;&nbsp;Amount due from related parties | (1941) | - |
| &nbsp;&nbsp;&nbsp;Accounts payable | (94593) | 668348 |
| &nbsp;&nbsp;&nbsp;Other payables and accrued liabilities | (31014) | 206564 |
| &nbsp;&nbsp;&nbsp;Contract liabilities | (13298) | (82103) |
| &nbsp;&nbsp;&nbsp;Amounts due to related parties | (291729) | 719695 |
| &nbsp;&nbsp;&nbsp;Income tax received / (paid) | 104845 | (94470) |
| Net cash (used in) / generated from operating activities | **(1976705)** | **37755** |
| **Cash flows from investing activities:** |  |  |
| &nbsp;&nbsp;&nbsp;Purchase of property, plant and equipment | (221) | - |
| &nbsp;&nbsp;&nbsp;Interest received | 40096 | 53285 |
| Net cash generated from investing activities | **39875** | **53285** |
| **Cash flows from financing activities:** |  |  |
| &nbsp;&nbsp;&nbsp;Advances from related parties |  | 247796 |
| &nbsp;&nbsp;&nbsp;Repayments to related parties |  | (514701) |
| &nbsp;&nbsp;&nbsp;Issue of shares – APIC | 5283446 | - |
| &nbsp;&nbsp;&nbsp;Issue of shares | 2110 | - |
| &nbsp;&nbsp;&nbsp;Proceeds from bank borrowings | - | 598969 |
| &nbsp;&nbsp;&nbsp;Repayments of bank borrowings | (100368) | (87993) |
| &nbsp;&nbsp;&nbsp;Interest paid on bank borrowings | (23934) | (32063) |
| &nbsp;&nbsp;&nbsp;Payments of principal portion of lease liabilities | (93672) | (60668) |
| &nbsp;&nbsp;&nbsp;Payments of interest portion of lease liabilities | - | (6760) |
| Net cash generated from financing activities | **5067582** | **144580** |
| **Net change in cash and cash equivalent** | 3130752 | 235620 |
| &nbsp;&nbsp;&nbsp;Effect of exchange rate changes on cash and cash equivalents | (19419) | 14072 |
| **BEGINNING OF YEAR** | 4373256 | 5385536 |
| **END OF YEAR** | **7484589** | **5635228** |
| **SUPPLEMENTAL CASH FLOW INFORMATION:** |  |  |
| Cash refund for income taxes | 104845 | 94470 |
| Cash paid for interest | 23934 | 32063 |

---

The accompanying notes are an integral part of these unaudited interim condensed combined financial statements.

**K-TECH SOLUTIONS COMPANY LIMITED AND ITS SUBSIDIARIES**

**Notes to the Unaudited Condensed Consolidated Financial Statements**

**For the six months ended September 30, 2025 and 2024 (Unaudited)**

**1. ORGANIZATION AND PRINCIPAL ACTIVITIES**

K-Tech Solutions Company Limited (the "Company"), was incorporated in the British Virgin Islands ("BVI") with limited liability under Companies Act on December 2, 2024. The registered office of the Company is Craigmuir Chambers, Road Town, Tortola, VG 1110, British Virgin Islands.

The Company is controlled by Kwok Yiu Keung, Kwok Yiu Fai and Kwok Yiu Wah. Kwok Yiu Keung, Kwok Yiu Fai and Kwok Yiu Wah are referred to as the controlling shareholders.

The Company is principally engaged in design, development, testing and sales of a diverse portfolio of toy products ranging from simple plastic toy products to more complex electromechanical toy products in Hong Kong through its direct wholly owned subsidiary that is incorporated and domiciled in Hong Kong, namely K-Mark Technology Limited ("K-Mark Technology").

Details of the Company are set out in the table as follows:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | | **Percentage of <br> effective <br> ownership** | **Percentage of <br> effective <br> ownership** | | |
| <br>**Name** | **Date of**<br>**incorporation** | **2025** | **2024** | **Place of**<br>**incorporation** | **Principal**<br>**activities** |
| K-Tech Solutions Company Limited | December 2, 2024 | Parent | Parent | British Virgin Islands | Investment holdings |
| K-Mark Technology Limited | November 4, 2016 | 100% (Direct) | 100% (Direct) | Hong Kong | Design, development, testing and sales of diverse portfolio of toy products |

---

***Reorganization***

 ****

The Company was incorporated in the BVI on December 2, 2024, and is a holding company with no material operations. K-Mark Technology Limited was incorporated in Hong Kong as a limited liability company.

On December 30, 2024, as part of the reorganization, the Company acquired K-Mark Technology Limited. As a result, K-Mark Technology Limited became a direct wholly owned subsidiary of the Company.

During the years presented in these consolidated and combined financial statements, the control of these entities has been demonstrated by Kwok Yiu Keung, Kwok Yiu Fai and Kwok Yiu Wah, as joint owners, as if the Reorganization had taken place at the beginning of the earlier date presented. Accordingly, the combination has been treated as a corporate restructuring of entities under common control and thus the current capital structure has been retrospectively presented in prior periods as if such structure existed at that time and in accordance with ASC 805-50-45-5, the entities under common control are presented on a consolidated basis for all periods to which such entities were under common control. The combination of the Company and its subsidiaries has been accounted for at historical cost and prepared on the basis as if the aforementioned transactions had become effective as of the beginning of the first period presented in the accompanying consolidated and combined financial statements.

**2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES**

These accompanying combined financial statements reflect the application of certain significant accounting policies as described in this note and elsewhere in the accompanying combined financial statements and notes.

**Our status as an "emerging growth company" under the JOBS Act may make it more difficult to raise capital as and when we need it.**

We are an "emerging growth company", as defined in the Jumpstart Our Business Startup Act ("JOBS Act") and will remains an emerging growth company until the earlier of (i) the last day of the fiscal year (a) following the fifth anniversary of the completion of the IPO; (b) in which we have total annual gross revenue of at least US$1.235 billion; or (c) in which we are deemed to be a large accelerated filer, which means the market value of our Class A Shares that is held by non-affiliates exceeds US$700 million as of the last business day of our most recently completed second fiscal quarter, and (ii) the date on which we have issued more than US$1.0 billion in non-convertible debt during the prior 3-year period. An emerging growth company may take advantage of specified reduced reporting and other requirements that are otherwise applicable generally to public companies. These provisions include exemption from the auditor attestation requirement under Section 404 of the Sarbanes-Oxley Act in the assessment of the emerging growth company's ICFR. If we elect not to comply with such auditor attestation requirements, our investors may not have access to certain information they may deem important. The JOBS Act also provides an emerging growth company with the permission to delay adopting new or revised accounting standards until such time as those standards apply to provide companies. We do not plan to opt-out of such exemptions afforded to an emerging growth company. As a result of this election, our financial statements may not be comparable to companies that comply with public company effective date.

Because of the exemptions from various reporting requirements provided to us as an "emerging growth company", we may be less attractive to investors and it may be difficult for us to raise additional capital as and when we need it. Investors may be unable to compare our business with other companies in our industry if they believe that our reporting is not as transparent as the reporting of other companies in our industry. Such differences may prevent us from raising additional capital in the public market as and when we need it.

Compliance with these rules and regulations increase our legal and financial compliance costs and makes some corporate activities more time consuming and costly. After we are no longer an "emerging growth company", or until five years following the completion of our IPO, whichever is earlier, we expect to incur significant expenses and devote substantial management effort toward ensuring compliance with the requirements of Section 404 of Sarbanes-Osley and the other rules and regulations of the SEC. For example, as a public company, we will be required to increase the number of independent directors and adopt policies regarding internal controls and disclosure controls and procedures. We will incur additional costs in obtaining director and officer liability insurance. In addition, we will incur additional costs associated with our public company reporting requirements. It may also be more difficult for us to find qualified persons to serve on our Board or as executive officers. We are currently evaluating and monitoring developments with respect to these rules and regulations, and we cannot predict or estimate with any degree of certainly the amount of additional cost we may incur or the timing of such costs.

***Basis of Presentation and Principles of Consolidation***

 ****

The accompanying combined financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America ("U.S. GAAP") and pursuant to the rules and regulations of the Securities Exchange Commission ("SEC").

The combined financial statements include the financial statements of the Company and its wholly owned subsidiary. All intercompany transactions and balances among the Company and its subsidiary have been eliminated upon consolidation.

***Use of Estimates***

 ****

The preparation of financial statements and related disclosures in accordance with accounting principles generally accepted in the United States ("GAAP") requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. On an ongoing basis, the Company evaluates its estimates, including, but not limited to, those related to the determination of the useful lives of property, plant and equipment, incremental borrowing rate applied in lease accounting, current expected credit loss of receivables. These estimates and assumptions are based on the Company's historical results and management's future expectations. Actual results could differ from those estimates. Changes in facts and circumstances may cause the Company to revise its estimates.

*Measurement of credit losses on financial instruments*

 

Effective October 1, 2020, the Company adopted ASU 2016-13, "Financial Instruments — Credit Losses (Topic 326) — Measurement of Credit Losses on Financial Instruments," using the modified retrospective approach for accounts receivable. This guidance replaced the "incurred loss" impairment methodology with an approach based on "expected losses" to estimate credit losses on certain types of financial instruments and requires consideration of a broader range of reasonable and supportable information to inform credit loss estimates. The guidance requires financial assets to be presented at the net amount expected to be collected. The allowance for credit losses is a valuation account that is deducted from the cost of the financial asset to present the net carrying value at the amount expected to be collected on the financial asset.

***Foreign Currencies***

 ****

The accompanying combined financial statements are presented in United States dollars ("US$" or "$"). The functional currency of the Company is the local currency of the country in which the subsidiaries operate, which is Hong Kong Dollar ("HKD"). Transactions in foreign currencies are initially recorded at the functional currency rate ruling at the date of transaction. Any differences between the initially recorded amount and the settlement amount are recorded as a gain or loss on foreign currency transaction in the combined statements of operations and comprehensive income.

The exchanges rates used for translation from Hong Kong dollar to USD are ranging from 7.77 and 7.85, a pegged rate determined by the linked exchange rate system in Hong Kong. This pegged rate was used to translate Company's balance sheets, income statement items and cash flow items for both 2024 and 2025.

---

| | | |
|:---|:---|:---|
|  | **For the six months ended <br> September 30,** | **For the six months ended <br> September 30,** |
|  | **2025** | **2024** |
| Period-end HKD: US$ exchange rate | 7.79742 | 7.77150 |
| Period average HKD: US$ exchange rate | 7.78124 | 7.80502 |

---

**3. GOING CONCERN**

During the period ended September 30, 2025, the Group incurred a net loss of $494,247 and negative cash flows from operating activities of $1,976,705, which are indicators that raise substantial doubt about the Group's ability to continue as a going concern. Management has considered these conditions together with the following mitigating factors: the Group maintains positive net assets of $7,571,462 as of September 30, 2025, and Mr. Kwok Yiu Keung, a significant shareholder of the Group, has confirmed his unconditional commitment to provide full financial support to the Group, as and when required, for a period of not less than twelve months from the date of issuance of these financial statements. Having regard to the above, management is satisfied that the substantial doubt about the Group's ability to continue as a going concern has been alleviated, and these financial statements have been prepared on a going concern basis. Accordingly, in line with PCAOB AS 2415, no additional going concern procedures were necessary and no related disclosures or auditor reporting modifications are required.

**4. REVENUE**

A summary of the Company's revenue disaggregated by major service lines and timing of revenue recognition of the years ended September 30, 2024 and 2025, respectively, are as follow:

---

| | | |
|:---|:---|:---|
|  | **Six months ended<br> September 30,** | **Six months ended<br> September 30,** |
|  | **2025** | **2024** |
|  | **US$** | **US$** |
| Sales of finished goods | 10677578 | 12048933 |
| Sales for tooling | 208803 | 361557 |
| Total | 10886381 | 12410490 |

---

In accordance with ASC 280, Segment Reporting ("ASC 280"), the Company has one reportable business segments. Sales are based on the countries in which the customers are from overseas including United States of America, United Kingdom and Europe. Summarized financial information concerning our geographic segments is shown in the following tables:

---

| | | |
|:---|:---|:---|
|  | **Six months ended<br> September 30,** | **Six months ended<br> September 30,** |
|  | **2025** | **2024** |
|  | **US**$** | **US$** |
| United States of America | 6057749 | 10525541 |
| United Kingdom | 977436 | 1021999 |
| Europe | 3851196 | 695628 |
| Others | - | 167321 |
| Total | 10886381 | 12410490 |

---

**5. INCOME TAXES**

Pursuant to the current rules and regulations, BVI currently levy no taxes on individuals or corporations based upon profits, income, gains or appreciations and there is no taxation in the nature of inheritance tax or estate duty. Therefore, the Company is not subject to any income tax in the BVI.

The Company is subject to Hong Kong profits tax at a rate of 16.5% on their taxable income generated from operations in Hong Kong before April 1, 2018. Starting from the financial year commencing on April 1, 2018, the two-tiered profits tax regime took effect, under which the tax rate is 8.25% for assessable profits on the first HKD2 million and 16.5% for any assessable profits in excess of HKD2 million.

The provision for income taxes consisted of the following:

---

| | | | |
|:---|:---|:---|:---|
|  | **Six months ended September 30,,** | **Six months ended September 30,,** | **Six months ended September 30,,** |
|  | **2025** | **2024** | **2023** |
|  | **US$** | **US$** | **US$** |
| Current tax | 111446 | 86900 | 96803 |
| Deferred income tax expenses | (6833) | (7416) | (6823) |
| Income tax expenses | 104613 | 79484 | 89980 |

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**6. OTHER INCOME, NET**

---

| | | |
|:---|:---|:---|
|  | **Six months ended<br> September 30,** | **Six months ended<br> September 30,** |
|  | **2025** | **2024** |
|  | **US**$** | **US$** |
| Bank interest income, net | 8630 | 14442 |
| Exchange difference | 37676 | 18577 |
| Miscellaneous income | 25 | - |
|  | 46331 | 33019 |

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**7. GENERAL AND ADMINISTRATIVE EXPENSES**

The following table sets forth the breakdown of our general and administrative expenses for the six months ended September 30, 2025 and 2024:

---

| | | |
|:---|:---|:---|
|  | **For the six months ended<br> September 30,** | **For the six months ended<br> September 30,** |
|  | **2025** | **2024** |
|  | **US$** | **US$** |
| Professional expense (note) | 1110688 | 126 |
| Depreciation and 10mortization expense | 143754 | 128124 |
| Payroll expense | 211388 | 271505 |
| Staff welfare | 1929 | 1158 |
| Insurance expense | 8162 | 7575 |
| Auditor's remuneration | 117695 | 321716 |
| Electricity & water | 4330 | 4165 |
| Motor expense | 1047 | 1081 |
| Sundry expenses | 27225 | 21005 |
| Travel expenses and entertainment | 137548 | 141576 |
| Bank charges | 11533 | 10715 |
| Reversal of expected credit loss | - | 10757 |
| Rental expenses | 13235 | 36284 |
|  | 1788534 | 955787 |

---

Note: the professional expenses increased by $1,110,562 from $126 for the six months ended September 30, 2024 to $1,110,688 for the year ended September 30, 205, mainly due to the listing expenses incurred in the six months ended September 30, 2025.

**8. DIVIDENDS**

No dividend was approved and declared during the six months ended September 30, 2025 and 2024.

**9. AMOUNTS DUE FROM/(TO) RELATED PARTIES**

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| | | | |
|:---|:---|:---|:---|
| **Name of related parties** | **Relationship** | **As of <br> September 30, 2025** | **As of <br> March 2025** |
|  |  | **US$** | **US$** |
| K-Mark Industrial Limited | Related company with common directors and shareholders | (501) | (503) |
| Bright Forward Technology Limited | Related company with common directors and shareholders | (152900) | (446519) |
| Kwok Yiu Keung | Shareholder of the Company | 1941 | - |
| Kwok Yiu Keung | Director and shareholder of the Company | (3854) | (3872) |
|  |  | (155314) | (450894) |

---

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| | | |
|:---|:---|:---|
|  | **As of <br> September 2025** | **As of <br> March 2025** |
|  | **US$** | **US$** |
|  | **(Unaudited)** | **(Audited)** |
| **Representing:** | | |
| Amounts due from related parties | 1941 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- |
| Amounts due to related parties | (157255) | (450894) |
|  | (155314) | (450894) |

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The amounts due from/(to) related parties are unsecured, interest-free and repayable on demand.

**10. SUBSEQUENT EVENTS**

In accordance with ASC topic 855, Subsequent Events, which established general standards of accounting for and disclosure of events that occur after the balance sheet date but before consolidated and combined financial statements are issued, the Company has evaluated all events or transactions that occurred after September 30, 2025, up through the date the Company issued the unaudited consolidated and combined financial statements.

On February 26, 2026, K-Tech Solutions Company Limited (the "Company") entered into a memorandum of understanding (the "Memorandum of Understanding") with Boardware Intelligence Technology Limited, the shares of which are listed on the Hong Kong Stock Exchange Limited (stock code: 1204) ("Boardware"), to establish cooperation framework in the development of Boardware's Brain Computing Interface projects, the Barco Ecosystem and Barco hardware wearables.

On February 26, 2026 , K-Mark Technology Ltd, a subsidiary of K-Tech Solutions Company Limited (the "Company") incorporated in Hong Kong, entered into a strategic joint venture agreement and a supplemental joint venture agreement (together the "Joint Venture Agreements"), respectively, with Aurora AZ Energy Ltd. ("Aurora"), a company incorporated in Calgary, Canada, to form a joint venture to develop, own, finance, construct, operate and maintain crypto mining, artificial intelligence, and high-performance computing data centers. The joint venture will launch at Aurora's flagship site in Alberta, where the partnership is structured across several phases that together establish a roadmap to deploy over 100MW and up to 500MW of IT capacity.