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KB Global Holdings Ltd

CIK: 18975252 Annual ReportsLatest: 2025-05-09

10-K / May 9, 2025

Revenue:$179,613
Income:-$74,221

10-K / May 20, 2024

Revenue:N/A
Income:-$96,372

10-K / May 9, 2025

Company Summary: KB Global Holdings Limited

Business Overview

  • Type: Holding company based in the Cayman Islands with operations in China.
  • Main Subsidiary: Suzhou Keju Enterprise Management Consulting Limited (WFOE) in China.
  • Control Mechanism: The WFOE controls a variable interest entity in China, Beijing Kezhao Technology Co., Ltd. (BJKZ).

Core Activities

  • Primary Focus: Development of high-tech enterprise software systems and high-end material manufacturing.
  • Specialization: Creating innovative digital management systems tailored for industrial clients.
  • Product Development:
    • Digital management systems that integrate key business operations:
      • Enterprise Collaboration System (internal communication tools such as messaging, file sharing, team calendars)
      • Project Management System (planning, tracking, resource allocation)
      • Customer Relationship Management (CRM) (lead management, sales pipeline, customer support)
      • Enterprise Resource Planning (ERP) (finance, HR, procurement, supply chain)
      • Financial Data Analysis System (visualization, trend analysis, forecasting, reporting)
  • Current Revenue: Generated from a contract with Beijing Kabeilongteng Investment Center for a made-to-order Enterprise Digital Management System Integration, totaling approximately U.S. $179,613 in the first quarter of 2024.

Software and Product Development

  • The company entered into its first development contract in September 2023, to deliver a customized digital management system, with the software ownership transferred to the client.
  • Focus on expanding the market for its digital solutions and developing manufacturing capabilities for advanced materials to complement its software offerings.

Business Strategies

  • Increase brand recognition in China.
  • Achieve synergies with industry leaders.
  • Continue product innovation.
  • Expand client base and market penetration nationwide.
  • Enhance IT infrastructure and proprietary databases.
  • Form strategic partnerships.

Employees and Customers

  • Employees: Currently, BJKZ employs four officers and one technician. No specific total employee count for the entire company is provided.
  • Customers: As of May 8, 2025, there are approximately 51 stockholders of record, but no detailed customer count or number of client accounts is provided.
  • Revenue: Derived mainly from a single enterprise software contract in early 2024.
  • Income: Reported U.S. $179,613 in revenue for the first quarter of 2024 from the related party contract.
  • Financials:
    • Total assets decreased from $416,325 in 2023 to $50,317 in 2024.
    • Net loss was reduced from $96,372 in 2023 to $74,221 in 2024.
    • Cash and cash equivalents dropped significantly from $28,880 in 2023 to $3,253 in 2024.
    • Total liabilities decreased from $611,408 in 2023 to $320,971 in 2024.

Additional Notes

  • The company is still developing its software products and has not yet achieved substantial recurring revenue.
  • Operations include high-tech software development and plans for high-end material manufacturing.
  • It owns no securities that are publicly traded, as its ordinary shares are not listed on any stock exchange.