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Kuber Resources Corp

CIK: 10818342 Annual ReportsLatest: 2025-04-16

10-K / April 16, 2025

Revenue:N/A
Income:N/A

10-K / April 16, 2024

Revenue:$2,249,288
Income:$1,217,956

10-K / April 16, 2025

Company Overview

Name and Corporate Structure

  • Current Name: Kuber Resources Corporation
  • Incorporation: Originally incorporated as Weston International Development Corporation in Nevada on January 29, 1998.
  • Subsidiaries:
    • Kuber Resources (Hong Kong) Limited
    • Grayscale Investment (Asia) Limited
    • Grayscale Investment (Shenzhen) Co Limited
    • Kuber Resources (Guangdong) Co Limited
    • Asia Image Investing Limited (previously disposed of)

Business Operations

Kuber Resources Corporation operates primarily as a holding company through its subsidiaries, focusing on two main lines of business:

1. Wood Treatment Industry

  • Main Activity: Treatment of wood panels using a patented process to enhance flame retardant properties.
  • Process:
    • Clients bring untreated wood panels for chemical treatment.
    • The wood panels are placed in a tank submerged in chemicals, followed by a drying process.
  • Target Market: Construction, furniture manufacturing, interior decoration, and eco-friendly building projects in the China market.

Industry Attributes

  • The wood treatment industry in China, particularly in Guangdong, is significant within the broader manufacturing sector.
  • Competitors include various wood treatment companies within the Greater China area.

2. International Trading Platform

  • Focus: Operates as a middle buyer of commodities, focusing primarily on precious metal trading with suppliers in South America and end buyers in Hong Kong, though shifted away from this due to the pandemic.

Business Strategy

  • Expand customer base using multiple e-distribution channels.
  • Offer high-quality traditional products to encourage repeat business.
  • Develop lead generation services for better customer engagement.
  • Build proprietary e_channel distribution for increased market reach.
  • Create cross-selling synergies among various products and services.
  • Employ a scalable business model that eliminates barriers and fosters rapid growth.

Financial Metrics

  • The company has not disclosed specific numbers for customers, employees, revenue, or income in the provided documentation. This information may need to be gathered from financial statements or other detailed reports as the texts focus on strategic directions and operational updates rather than precise financial data.

Future Aspirations

  • The company intends to grow and modernize its approach to distributing products in China, particularly focusing on expanding its wood panel manufacturing capabilities alongside treatment services.

Recent Developments

  • As of October 2023, the company began operations in wood panel treatment services and has ceased operations in the tea and precious metals trading sectors due to shifts in focus and market conditions.

Conclusion

Kuber Resources Corporation is positioning itself to become a significant player in the wood treatment sector in China while simultaneously establishing a broader international trading platform. The company's strategic focus is on leveraging technology in traditional markets while ensuring product quality and expanding its operational capabilities.