China Teletech Holding (CNCT) 8-K Entry into a Material Definitive Agreement

Exhibit 99.2

Liaoning Kuncheng Education Investment Co. Ltd.

Unaudited Financial Statements

As of June 30, 2017

(Stated in US Dollars)

Liaoning Kuncheng Education Investment Co. Ltd.

Contents	Pages
Balance Sheet	F-1
Statement of Operation and Comprehensive Loss	F-2

ASSETS		6/30/2017		12/31/2016
	(unaudited)
Current Assets
Cash and cash equivalents	$	60,045		27,947
Accounts receivable		50,443		93,988
Prepaid expenses		-		2,628
Other Receivables		1,333		-
Total Current Assets		111,821		124,563
TOTAL ASSETS		111,821		124,563
LIABILITIES & STOCKHOLDERS' DEFICIT
Current Liabilities
Accounts payable	$	13,236		12,911
Taxes payable		7,164		1,379
Accrued liabilities and other payables		45,070		41,412
Deferred revenue		294,801		220,408
Total Current Liabilities		360,271		276,110
TOTAL LIABILITIES	$	360,271		276,110
STOCKHOLDERS' DEFICIT
Registered capital	$	534,531		534,531
Other comprehensive (loss) / gain		(8,151	)	(3,048	)
Accumulated deficit		(774,830	)	(683,030	)
TOTAL STOCKHOLDERS' DEFICIT	$	(248,450	)	(151,547	)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	$	111,821		124,563

F-1

	For the period from January 31, 2017 to June 30, 2017			For the period from March 30, 2016 (Incorporated Date) to June 30, 2016
	(Unaudited)			(Unaudited)
Revenue	$	100,634			51,411
Cost of revenue		(49,502	)		(12,521	)
Operating expenses
Administrative and general expenses		(142,680	)		(716,517	)
Bank charges		(252	)		(15	)
Total operating expense		(142,932	)		(716,532	)
Loss Before Taxation		(91,800	)		(677,642	)
Income tax		-			-
Net Loss	$	(91,800	)		(677,642	)
Other comprehensive loss:
Foreign currency translation change		(8,152	)		1,427
Comprehensive loss		99,951			(676,215	)

F-2