Hong Yuan Holding Group filings document the company's public-reporting status, governance changes, and periodic-report obligations. Recent records include Form 12b-25 notifications for delayed annual and quarterly reports and Form 8-K disclosures covering executive-officer changes, board appointments, and related amendments.
The filings identify the issuer as a Nevada corporation formerly known as Cereplast, Inc., with executive offices in China. Its regulatory documents center on reporting compliance, corporate identity, director and officer matters, and formal updates to previously filed current reports.
HONG YUAN HOLDING GROUP (HGYN) reported sharply weaker results for the quarter and six months ended June 30, 2026, with revenue falling to $32,161 for the quarter and $75,858 year‑to‑date, down from $112,812 and $353,877 in the prior‑year periods, mainly due to lower Chinese VIE revenue.
The company swung from net income of $30,042 to a net loss of $94,404 for the quarter and from $67,542 to a net loss of $187,750 for the six months, driven by lower gross profit and operating expenses that rose more than 70% year‑to‑date. The balance sheet shows negative equity of $146,510, current liabilities of $776,996 exceeding current assets of $602,914, and a working capital deficit of $174,082, while cash was $13,365 and amounts due to the majority shareholder reached $352,258. Management and the auditors highlight substantial doubt about the company’s ability to continue as a going concern, and disclosure controls were deemed not effective due to a weakness in internal control over financial reporting.
Hong Yuan Holding Group (HGYN) filed an amended annual report for the year ended December 31, 2025, primarily to add expanded risk disclosures related to operating in mainland China and Hong Kong, data and cybersecurity regulation, and the Holding Foreign Companies Accountable Act in response to an SEC comment letter.
For 2025, the company reported revenue of $837,753 versus $245,572 in 2024 and swung from a net loss of $98,844 to net income attributable to Hong Yuan of $155,329. Total assets increased to $611,315, while current liabilities were $591,669, leaving a small equity balance of $19,646 after a prior year deficit. Operations are conducted mainly through a Hong Kong entity and a consolidated PRC variable interest entity focused on supply-chain management and branded alcoholic beverage retail. The auditor issued a going-concern emphasis, citing net losses historically, negative operating cash flow and reliance on related-party funding, and management concluded that internal control over financial reporting was not effective due to material weaknesses.
Hong Yuan Holding Group filed a notification that its Form 10-Q for the period ended June 30, 2026 will be filed late. The company states that compiling, disseminating and reviewing the required information imposed time constraints that made 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 and indicates it does not anticipate a significant change in results of operations compared with the corresponding prior-year period.
Hong Yuan Holding Group reported weak results for the quarter ended March 31, 2026, with revenue falling to $43,697 from $184,492 a year earlier as Chinese VIE revenue declined.
The company swung from net income attributable to the group of $37,500 to a net loss of $93,346, and basic and diluted loss per share was $0.0013 on 74,640,766 shares. Total assets were $577,926 and cash was only $6,444, against total liabilities of $647,983, resulting in a stockholders’ deficit of $70,057 and a working capital deficit of $100,288. The company continues to rely on advances from its majority shareholder, with amounts due reaching $352,258, and management and auditors highlight substantial doubt about its ability to continue as a going concern.
Hong Yuan Holding Group notified the SEC that its Form 10-Q for the period ended March 31, 2026 could not be filed on time and submitted a Rule 12b-25 notification dated May 15, 2026. The company states the compilation, dissemination and review of the Form 10-Q information imposed time constraints and undue hardship. The registrant undertakes to file the report no later than five days after its original prescribed due date.
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.