Kun Peng International Limited Announces 1-for-10 Reverse Stock Split

(SeaPRwire) –   BEIJING, CHINA, May 29, 2026 — Kun Peng International Ltd. (OTCQB: KPEA) (the “Company”) declared today that a 1-for-10 (1:10) reverse split of its $0.0001 par value common stock (the “Reverse Stock Split”), which received approval from its Board of Directors and shareholders on January 20, 2026, will go into effect across trading markets starting June 2, 2026. The Reverse Stock Split will reduce the Company’s issued and outstanding common stock shares from 400,000,000 to roughly 40,000,000. The Board of Directors and shareholders also gave authorization for an amendment to the Company’s Articles of Incorporation, which will lower the total authorized common stock shares of the Company from 1,000,000,000 to 100,000,000, and raise the par value of each common share from $0.0001 to $0.001.

The Reverse Stock Split was approved via written consent from the Board of Directors, as well as holders of around 85.4% of the Company’s issued and outstanding common stock shares. These written consents also approved the amendment to the Company’s Articles of Incorporation to implement the Reverse Stock Split. No additional approval from the Company’s stockholders is required for either the Reverse Stock Split or the amendment to the Company’s Articles of Incorporation.

No fractional shares will be distributed as a result of the Reverse Stock Split. Any fractional share interests generated by the Reverse Stock Split will be rounded up to the closest whole share number.

The Company’s common stock will start trading on a Reverse Stock Split-adjusted basis on the OTC Market when trading opens on June 2, 2026. The Company’s trading ticker will remain unchanged as “KPEA.” After the Reverse Stock Split takes effect, the new CUSIP number for the Company’s common stock will be 12672T 207.

Transhare Corporation, the Company’s transfer agent, will act as the exchange agent for the Reverse Stock Split. Registered stockholders who hold pre-Reverse Stock Split common shares of the Company in electronic book-entry format do not need to take any action to obtain their post-Reverse Stock Split shares. Stockholders that hold their shares in brokerage accounts or in “street name” will have their holdings automatically adjusted to reflect the Reverse Stock Split, in accordance with each broker’s specific procedures, and also do not need to take any action related to the Reverse Stock Split.

About Kun Peng International Ltd.

The Company distributes preventive healthcare and wellness products across China through its mobile and online e-commerce platforms. To raise preventive health awareness among the large population of the PRC, we serve our customers via our mobile platform King Eagle Mall, as well as our online platforms Kun Zhi Jian and the Kun Zhi Jian Mini Program. Our mobile social e-commerce platform, King Eagle Mall, centers its core business on offering preventive healthcare products and services. It adopts the S2B2C (supplier, platform, customer) business model where suppliers and the platform collaborate to serve end customers, and integrates a wide range of leading healthcare products and services. Products on King Eagle Mall are divided into two categories: self-operated items and strictly curated products that support preventive healthcare. Our main product lineup includes healthcare goods such as dietary supplements, nutritional health foods, beauty cosmeceuticals, and other categories of health foods (for example, milk powder, dried fruits) that support cardiovascular system health and bone joint health. We also provide collagen peptides, probiotics, health foods that improve blood circulation and vein health, as well as household products that help our members adopt and maintain a healthier lifestyle.

Our online platform Kun Zhi Jian, which was launched in October 2022, focuses on marketing and selling physiotherapy equipment and our own branded preventive healthcare and health-related household products to wholesalers and retailers. In the platform’s initial launch phase, we sold thermal therapy cabins to wholesalers. At present, we market and sell a wider range of physiotherapy equipment, our own branded products, and other popular branded healthcare-related products on this platform.

We rolled out the Kun Zhi Jian Mini Program in November 2023, which consists of three sections: physiotherapy equipment, a customer service center, and the Kun Zhi Jian online shopping mall. The customer service center provides personalized healthy diet and nutritional suggestions to customers, based on their individual health profiles and tongue diagnostic assessments conducted at our customer service center using healthcare expertise and technology from local healthcare service providers. The shopping mall offers a diverse range of products from health foods to small kitchen appliances.

For more details about the Company, please visit its official website at www.kp-china.com. No content hosted on or sourced from the Company’s website or any other third-party website is part of this press release.

Forward-Looking Statements

Certain statements included in this press release, including but not limited to statements containing words such as “believes,” “anticipates,” “expects” and other terms of similar meaning, are “forward-looking statements” as defined under the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to both known and unknown risks and uncertainties. The Company’s actual results may differ substantially from those projected in its forward-looking statements due to a number of factors, including those known and unknown risks, uncertainties and other variables that may cause our actual results, performance or achievements to differ materially from any historical results and projected results, performance or achievements expressed or implied by the forward-looking statements. These risks and uncertainties include, but are not limited to, the following factors: (i) the scale and diversity of our member and paying subscriber bases; (ii) the launch timeline and market reception of our apps, including future updates and enhancements to these apps and their features; (iii) the effectiveness of our customer service and support efforts; (iv) the outcomes of our sales and marketing initiatives; and (v) our brand strength in the market compared to the strength of our competitors’ brands. These risks also include the risks outlined in the “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections of the Company’s Form 10-K for the fiscal year ended September 30, 2025, its Forms 10-Q, and other filings it has submitted to the Securities and Exchange Commission. Unless required by applicable law, we do not undertake any obligation to revise or update any forward-looking statements to reflect any event or circumstance that occurs after the date of this release.

For media enquiries, please contact:

Media contact: Lili Zhang
Email: shangshi@kp-china.com
Telephone: +86-10-87227012.