Zhanling International Ltd, a Nevada corporation, reported no revenue for the fiscal year ending May 31, 2025, maintaining a trend of no operational income since its inception in 2009. The company incurred a net loss of $39,857, an increase from the previous year's loss of $30,865, primarily due to rising professional fees associated with audit and consulting services. As of May 31, 2025, Zhanling had a working capital deficiency of $8,956 and an accumulated deficit of $430,067, raising substantial doubt about its ability to continue as a going concern.

The company has undergone significant changes in its management structure, with multiple leadership transitions over the past few years. Most recently, on April 10, 2023, NingNing Xu was appointed as President, Chief Executive Officer, Chief Financial Officer, and Chairman of the Board, following the resignation of Liang Zhao. This change in leadership is part of a broader strategy to position the company for future acquisitions, although no specific target businesses have been identified yet.

Zhanling's operational focus remains on acquiring companies within the Chinese market, particularly in sectors related to large consumption platforms. However, the company has faced challenges in executing its business plan, as it has not yet generated any revenue from operations. The lack of a defined target business and the ongoing need for capital to fund operations and potential acquisitions are critical issues that the company must address moving forward.

The company has also highlighted regulatory risks associated with its operations in China, particularly concerning the Chinese government's increasing oversight of foreign investments and cybersecurity regulations. These factors could significantly impact Zhanling's ability to raise capital and execute its business strategy. The company plans to seek additional funding through private placements or loans from related parties to meet its operational needs.

Looking ahead, Zhanling International Ltd acknowledges the need for substantial capital to fund its business plan and achieve profitable operations. The management is actively exploring financing options but recognizes the inherent risks and uncertainties involved in securing the necessary funds. The company's future performance will largely depend on its ability to identify and successfully acquire a viable target business while navigating the complex regulatory landscape in China.

About Zhanling International Ltd

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