Welcome to our dedicated page for Maitong Sunshine Cultural Dev SEC filings (Ticker: MGSD), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Wondering where MGSD breaks out revenue from its Beijing cultural tours versus creative-product sales? Start with the MGSD annual report 10-K simplified section—our platform pinpoints the segment note in seconds. Many investors first ask, “How do I find MGSD SEC filings explained simply?” or “Which 8-K material events could affect the next art exhibition?” Stock Titan’s AI delivers concise answers, translating technical disclosures into plain language.
Need real-time alerts on MGSD insider trading Form 4 transactions? Toggle instant notifications and see MGSD Form 4 insider transactions real-time the moment executives buy or sell shares ahead of a new heritage tour launch. Quarterly numbers arrive quickly, too—our AI highlights margin changes inside each MGSD quarterly earnings report 10-Q filing so you can compare ticket sales season over season without combing through footnotes.
Every filing type is covered: the proxy statement reveals exhibit-related MGSD executive compensation, 8-Ks flag fresh cultural-site partnerships, and the 10-Q tracks deferred revenue from prepaid tours. Use cases include: monitoring MGSD executive stock transactions Form 4, performing a rapid MGSD earnings report filing analysis, or simply understanding MGSD SEC documents with AI before a trading decision. With AI-powered summaries, expert context and EDGAR-speed updates, you can stop hunting for data and start seeing the full picture of this cultural-tourism leader.
Maitong Sunshine Cultural Development Co., Limited (MGSD) files its annual report describing a young Nevada holding company whose entire operating business is in China. Through its Beijing subsidiary Tongzhilian, MGSD focuses on cultural tourism services, including education and family tours, and the distribution of Chinese cultural and creative products, with plans to add arts expositions.
MGSD completed a share exchange in 2023 and now has a layered structure spanning Samoa, Hong Kong and Beijing. As of September 30, 2025, it reports 12 employees and, as of the filing date, 60,500,000 common shares outstanding. Tongzhilian is subject to a 25% PRC enterprise income tax, while the Hong Kong and Samoa entities currently bear little or no income tax burden.
The report highlights intense competition in China’s cultural tourism and creative products markets, the need for additional capital to fund expansion, heavy dependence on CEO Huang Fang’s industry relationships, and significant governance weaknesses, including a one-person board, no independent audit or compensation committees, and evolving internal controls. Extensive risk disclosures emphasize PRC regulatory and political oversight, potential government intervention, cybersecurity and data-security regulation, HFCAA-related audit inspection risks, foreign-exchange controls and the likelihood MGSD’s thinly traded shares will be treated as penny stock.
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