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GUOCHUN INTERNATIONAL INC. notifies the SEC it cannot timely file its Annual Report on Form 10-K for the period ended December 31, 2025. The company states additional time is needed to compile supporting documentation and allow its independent auditor to complete review, and it intends to file within the fifteenth calendar day after the prescribed due date.
Guochun International Inc. announced that investors should no longer rely on its previously issued unaudited condensed financial statements for the quarter ended September 30, 2025. Management identified an erroneously recorded amount in other general and administrative expenses in that Form 10-Q.
The company has restated its condensed financial statements for the three and nine months ended September 30, 2025 to reverse this error. The correction decreases other general and administrative expenses by $8,250 and increases prepayments by $8,250. These adjustments are preliminary and may change when an amended Form 10-Q/A for that period is filed with the SEC.
Guochun International Inc. (GCGJ) filed its quarterly report for the period ended September 30, 2025, showing no operating revenue and continued losses as it searches for a business to acquire.
The company reported a net loss of $25,347 for the quarter and $37,863 for the nine months. Operating expenses were driven mainly by professional fees. The balance sheet shows total assets of $0, total liabilities of $92,475, and a stockholders’ deficit of $92,475. Cash and cash equivalents were $0, and net cash used in operating activities was $500 for the nine months. As of November 3, 2025, there were 3,870,600 common shares outstanding.
Management disclosed that these conditions “raise substantial doubt” about the company’s ability to continue as a going concern. Disclosure controls and procedures were deemed not effective due to material weaknesses, including lack of an audit committee, inadequate segregation of duties, and ineffective period-end controls. A subsequent event notes $35,636 obtained as other payable from a non‑related party to fund operations.