Hong Yuan Holding Group SEC Filings

Hong Yuan Holding Group reports 2025 revenue of $837,753, up from $245,572 in 2024, driven by its Chinese supply-chain VIE operations. Cost of revenue was $298,108, producing gross profit of $539,645. After $363,167 of operating expenses and small discontinued losses, net income attributable to the company was $155,329.

The balance sheet remains weak, with a working capital deficit of $11,622, cash of $16,747 and an accumulated deficit of $97,652,645 as of December 31, 2025. Auditors and management highlight substantial doubt about the company’s ability to continue as a going concern, noting reliance on related-party funding and the need for additional financing.

Hong Yuan Holding Group submitted a Form 12b-25 notifying the SEC that its Form 10-K for the period ended December 31, 2025 could not be filed on time because compilation and review imposed time constraints. The registrant states it will file the Form 10-K no later than fifteen days after the prescribed due date.

Hong Yuan Holding Group filed an amended current report to correct the report date to October 9, 2025, clarifying an earlier administrative error.

The filing notes that on October 9, 2025, Li Xudong resigned as Chief Financial Officer and the board appointed Yanli Ma as the new CFO. Ms. Ma brings over 25 years of financial management experience across petrochemical, catering management, and technology development companies in China.

The board also appointed Quanlin Dang as an independent director effective December 1, 2025. Mr. Dang has more than 30 years of petroleum geology and project management experience, primarily with Sinopec Henan Oilfield. The amendment does not change the substance of the original report other than the corrected date.

Hong Yuan Holding Group reported leadership changes in its finance function and board. On October 9, 2025, Li Xudong resigned as Chief Financial Officer, and the board appointed Yanli Ma as the new CFO the same day. She brings over 25 years of financial management experience in petrochemical, catering management, and technology development companies. On December 1, 2025, the board also appointed Quanlin Dang as an independent director. He has more than 30 years of petroleum geology and oilfield project management experience, including work at Sinopec Henan Oilfield.

Hong Yuan Holding Group (HGYN) reported its first meaningful period of operations from its Chinese variable interest entities, shifting from losses to profitability while still facing financial strain. For the quarter ended September 30, 2025, revenue rose to $258,329 from $85 a year earlier, generating gross profit of $178,011 and net income of $50,778 versus a prior net loss of $50,282. For the nine months ended September 30, 2025, revenue increased to $612,206 from $15,290, with net income of $117,813 compared with a net loss of $119,747 in 2024.

Despite the improvement, the balance sheet remains weak. Cash was $12,610, total assets were $430,222, and current liabilities of $476,361 produced a working capital deficit of $65,836 and total stockholders’ deficit of $46,139. The company depends heavily on its majority shareholder, who had advanced $317,322 by September 30, 2025, and management highlights substantial doubt about its ability to continue as a going concern.

Hong Yuan Holding Group (HGYN) filed a Form 12b-25 (NT 10-Q) for the quarter ended September 30, 2025, notifying a late quarterly report.

The company states that compiling, disseminating, and reviewing the information required for the Form 10-Q created time constraints that made a timely filing impracticable without undue hardship and expense. It undertakes to file the Form 10-Q no later than five calendar days after the original due date.

Hong Yuan Holding Group amended its Form 10-Q to disclose corporate and balance-sheet details for the period ending June 30, 2025. The company reports 74,640,766 common shares outstanding and 5,000,000 Series A-1 preferred shares outstanding. It completed corporate reorganizations including a 1-for-50 reverse stock split and acquisition activity: issuance of equity in exchange for a Hong Kong subsidiary (Hongyuan HK) for HK$500,000 (approximately $64,103), and the company holds a 95% interest in Hongyuan HK and related PRC subsidiaries including a 55% subsidiary Xuchang formed November 12, 2024. Related-party advances totaled $274,459 at June 30, 2025. A lease modification reduced right-of-use asset and liability by $46,840. The company recorded a $2,788 loss on deconsolidation of discontinued operations.

Hong Yuan Holding Group (HGYN) filed an amended Form 10-Q for the quarter ended March 31, 2025, presenting condensed consolidated financial data and disclosures. The company shows total current assets including inventory of $48,697 and cash-related balances; right-of-use assets were $37,713 after a lease modification that reduced ROU and related liability by $46,710. Current operating lease liabilities are $37,713 with a weighted average remaining lease term of 1.07 years and discount rate of 5.6%. Total Hong Yuan stockholders deficit improved to $(193,703) from $(231,454). The company reported net income from operations of $40,140 versus an operating loss of $(46,554) in a prior comparator period and recorded provision for income taxes of $2,783. The company owed its majority shareholder $254,349 as of March 31, 2025, including $64,103 related to the Hongyuan HK acquisition; advances are non-interest bearing and due on demand. The filing references going concern, related party activity, and a subsequent event increasing a 55% ownership in Chongqing Xuchang Qingrong Trading Co., Ltd.