Cluster Group Holdings Limited Co. Reports Continued Net Loss and No Revenue Generation in Q3 2025

Cluster Group Holdings Limited Co., formerly known as China Teletech Holdings Inc., has reported its financial results for the third quarter and the first nine months of 2025, revealing a continued lack of revenue generation. For the three months ending September 30, 2025, the company recorded a net loss of $18,673, compared to a net loss of $9,717 for the same period in 2024. Over the nine-month period, the net loss was $35,075, an improvement from the $41,414 loss reported in the prior year. The company has not generated any revenues during these periods, reflecting its ongoing status as a development-stage entity.

Operating expenses for the third quarter of 2025 totaled $18,673, which is an increase from $9,717 in the same quarter of 2024. However, for the nine months ended September 30, 2025, operating expenses decreased to $35,075 from $41,414 in the previous year. The reduction in expenses for the nine-month period is attributed to lower professional fees and administrative costs associated with the company's registration filings to become a reporting company. The company’s total liabilities decreased significantly from $89,380 at the end of 2024 to $44,455 as of September 30, 2025, primarily due to a reduction in amounts owed to related parties.

In terms of strategic developments, the company underwent a significant change in control on July 23, 2025, when World Capital Holding, Ltd. transferred a controlling interest to unrelated third parties. This change was accompanied by the appointment of new directors, including Mr. ZhiHong Wang as Chairman of the Board. Additionally, the company has been actively seeking a merger or acquisition, particularly in the food and ingredient industry, although no definitive agreements have been established as of yet.

The company’s operational metrics indicate a reliance on related party transactions for funding, with outstanding amounts due to related parties decreasing from $72,623 at the end of 2024 to $36,246 by September 30, 2025. The company has not engaged in any investing activities during the reported periods, and its cash position remains at zero. The management has indicated that it intends to raise additional funds through public or private offerings to support ongoing operations and business development.

Looking ahead, Cluster Group Holdings Limited Co. acknowledges substantial doubts regarding its ability to continue as a going concern, given its accumulated deficit of $7,643,527 and the absence of revenue generation. The management believes that the actions being taken to implement its business plan and generate revenues may provide opportunities for future growth. However, the company cautions that there are no guarantees regarding the success of these efforts or the ability to secure necessary funding.