Kun Peng International Ltd (OTC: KPEA) is a China-based mobile social e-commerce company that operates King Eagle Mall, a platform selling preventive health care products and services. Revenue comes from product sales on its S2B2C platform, including self-operated products and sales by affiliated third-party merchants, as well as membership and paying subscriber fees tied to its mobile applications. The platform, launched in July 2020, had approximately 15,858 members as of September 30, 2025. KPEA also operates Kun Zhi Jian and Kun Zhi Jian Mini Program, which offer health product sales alongside diet and nutritional advisory services. The company reported consolidated revenue of $1,438,127 and a net loss of $1,268,913 for the fiscal year ended September 30, 2025 (per the 10-K filed December 31, 2025). Total liabilities exceeded total assets, with total shareholders' equity negative at the consolidated level. The company operates primarily through a VIE structure in the People's Republic of China, with web and database servers co-located at a third-party data center in Beijing.

Revenue model

Product sales through the King Eagle Mall S2B2C platform (self-operated and third-party merchant products), membership fees, and paying subscriber fees tied to mobile applications. The VIE and VIE subsidiaries generated all $1,438,127 of consolidated revenue for fiscal year ended September 30, 2025.

Products and services

Preventive health care products including dietary supplements, nutritional health foods, beauty cosmeceuticals, collagen peptides, probiotics, cardiovascular and bone joint health foods, milk powder, dried fruits, and household wellness products. Also offers the Kun Zhi Jian Mini Program featuring physiotherapy equipment, a customer service center with health profiling and tongue examination services, and an online shopping mall.

Customers and end markets

Individual consumers in mainland China, with a focus on middle-aged and senior populations purchasing preventive health and wellness products. Platform had approximately 15,858 members as of September 30, 2025. Target segments include middle and high net worth individuals seeking health, elderly care, and lifestyle products.

Value-chain role

Platform operator and marketplace intermediary. Screens and lists products from affiliated merchants, receives customer orders, and arranges fulfillment through merchants or outsourced delivery networks. Also operates as a direct seller of self-operated health products.

Geographic exposure

Operations concentrated in the People's Republic of China. Web and database infrastructure co-located at a third-party data center in Beijing, PRC. Incorporated with a VIE structure involving entities in the PRC and a holding company in the British Virgin Islands.

Source: SEC 10-K, filed 2025-12-31

Industry: Services-Educational Services Peers: Akso Health Group