Attached files
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EX-99.3 - UNAUDITED PRO FORMA CONDENSED COMBINED FINANCIAL STATEMENTS - China Teletech Holding Inc | f8k111317a2_ex99-3chinatel.htm |
EX-99.1 - AUDITED FINANCIAL STATEMENTS - China Teletech Holding Inc | f8k111317a2_ex99-1chinatel.htm |
EX-21.1 - LIST OF SUBSIDIARIES. - China Teletech Holding Inc | f8k111317a2_ex21-1chinatel.htm |
EX-2.1 - SHARE EXCHANGE AGREEMENT DATED AS OF NOVEMBER 15, 2016 BY AND AMONG THE COMPANY, - China Teletech Holding Inc | f8k111317a2_ex2-1chinatel.htm |
8-K/A - AMENDMENT NO. 2 TO FORM 8-K - China Teletech Holding Inc | f8k111317a2_chinateletech.htm |
Exhibit 99.2
Liaoning Kuncheng Education Investment Co. Ltd.
Unaudited Financial Statements
As of June 30, 2017
(Stated in US Dollars)
Liaoning Kuncheng Education Investment Co. Ltd.
Contents | Pages |
Balance Sheet | F-1 |
Statement of Operation and Comprehensive Loss | F-2 |
ASSETS | 6/30/2017 | 12/31/2016 | |||||||
(unaudited) | |||||||||
Current Assets | |||||||||
Cash and cash equivalents | $ | 60,045 | 27,947 | ||||||
Accounts receivable | 50,443 | 93,988 | |||||||
Prepaid expenses | - | 2,628 | |||||||
Other Receivables | 1,333 | - | |||||||
Total Current Assets | 111,821 | 124,563 | |||||||
TOTAL ASSETS | 111,821 | 124,563 | |||||||
LIABILITIES & STOCKHOLDERS' DEFICIT | |||||||||
Current Liabilities | |||||||||
Accounts payable | $ | 13,236 | 12,911 | ||||||
Taxes payable | 7,164 | 1,379 | |||||||
Accrued liabilities and other payables | 45,070 | 41,412 | |||||||
Deferred revenue | 294,801 | 220,408 | |||||||
Total Current Liabilities | 360,271 | 276,110 | |||||||
TOTAL LIABILITIES | $ | 360,271 | 276,110 | ||||||
STOCKHOLDERS' DEFICIT | |||||||||
Registered capital | $ | 534,531 | 534,531 | ||||||
Other comprehensive (loss) / gain | (8,151 | ) | (3,048 | ) | |||||
Accumulated deficit | (774,830 | ) | (683,030 | ) | |||||
TOTAL STOCKHOLDERS' DEFICIT | $ | (248,450 | ) | (151,547 | ) | ||||
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT | $ | 111,821 | 124,563 |
F-1 |
For the period from January 31, 2017 to June 30, 2017 | For the period from March 30, 2016 (Incorporated Date) to June 30, 2016 | |||||||
(Unaudited) | (Unaudited) | |||||||
Revenue | $ | 100,634 | 51,411 | |||||
Cost of revenue | (49,502 | ) | (12,521 | ) | ||||
Operating expenses | ||||||||
Administrative and general expenses | (142,680 | ) | (716,517 | ) | ||||
Bank charges | (252 | ) | (15 | ) | ||||
Total operating expense | (142,932 | ) | (716,532 | ) | ||||
Loss Before Taxation | (91,800 | ) | (677,642 | ) | ||||
Income tax | - | - | ||||||
Net Loss | $ | (91,800 | ) | (677,642 | ) | |||
Other comprehensive loss: | ||||||||
Foreign currency translation change | (8,152 | ) | 1,427 | |||||
Comprehensive loss | 99,952 | (676,215 | ) |
F-2 |