Attached files
| file | filename |
|---|---|
| EX-99.3 - UNAUDITED PRO FORMA CONDENSED COMBINED FINANCIAL STATEMENTS - China Teletech Holding Inc | f8k111317a1ex99-3_chinatele.htm |
| EX-99.1 - AUDITED FINANCIAL STATEMENTS - China Teletech Holding Inc | f8k111317a1ex99-1_chinatele.htm |
| EX-21.1 - LIST OF SUBSIDIARIES - China Teletech Holding Inc | f8k111317a1ex21-1_chinatele.htm |
| EX-2.1 - SHARE EXCHANGE AGREEMENT DATED AS OF NOVEMBER 15, 2016 BY AND AMONG THE COMPANY, - China Teletech Holding Inc | f8k111317a1ex2-1_chinatele.htm |
| 8-K/A - AMENDMENT NO.1 TO FORM 8-K - China Teletech Holding Inc | f8k111317a1_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 |