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

Exhibit 99.3

UNAUDITED PRO FORMA CONDENSED COMBINED FINANCIAL DATA

The following unaudited pro forma condensed combined statement of operations of China Teletech Holding, Inc. (“CNCT” or the "Company") gives effect to the merger of CNCT and Liaoning Kunchengyuan Internet Technology Co. Ltd. (formerly known as Kuncheng Education Investment Co. Ltd.) ("LKIT") as if such transaction occurred at the beginning of the periods presented. The unaudited pro forma condensed combined statement of operations for the period ended June 30, 2017 is derived from the unaudited financial statements of CNCT for the period ended June 30, 2017 and unaudited financial statements of LKIT for the period ended June 30, 2017.

The unaudited pro forma condensed combined balance sheet at June 30, 2017 gives effect to the Merger of CNCT and LKIT as if such transaction occurred on June 30, 2017.  The unaudited pro forma condensed combined balance sheet is derived from the unaudited balance sheets of CNCT and LKIT as of June 30, 2017.

The unaudited pro forma condensed combined financial data do not reflect the effects of any anticipated changes to be made by LKIT in its operations from the historical operations and are presented for informational purposes only and should not be construed to be indicating (i) the results of operations or the financial position of LKIT that actually would have occurred had the proposed merger been consummated as of the dates indicated or (ii) the results of operation or the financial position of LKIT in the future.

The proposed Merger is expected to be accounted for as an acquisition and it is the intention of the parties to continue the operations upon closing.

The following pro forma condensed combined financial data and notes are qualified in their entirety by reference to, and should be read in conjunction with, "Management's Discussion and Analysis of Financial Condition and Results of Operation," the consolidated financial statements and notes thereto of LKIT and other historical information included elsewhere in this filing.

China Teletech Holding, Inc.

Proforma Condensed Combined Balance Sheet

As of June 30, 2017

							Elimination
	Kuncheng			CNCT			& Adjustments			Pro Forma
Assets
Cash and cash equivalents	$	60,045		$	-		$	-		$	60,045
Accounts receivable		50,443									50,443
Other receivables		1,333			-			-			1,333
Prepaid expenses and other		-			200,000			-			200,000
Investment in subsidiary		-			1,520,544			(1,520,544	)		-
Goodwill		-			-
Total assets	$	111,821		$	1,720,544		$	(1,520,544	)	$	311,821
Liabilities and stockholders’ deficit
Accounts payable	$	13,236		$	-		$			$	13,236
Other tax payable		7,164									7,164
Wages payable		16,241									16,241
Accrued liabilities and other payable		16,946			54,000						70,946
Amount due to related parties		11,883			515,223						527,106
Deferred revenue		294,801									294,801
Contingency liabilities					43,219						43,219
Total liabilities		360,271			612,442			-			972,713
Stockholders’ deficit:
Common stock		-			1,736,638						1,736,638
Registered capital		534,531			-			(534,531	)		-
Shares to be issued					64,750						64,750
Additional paid in capital		-			5,666,892			(1,868,889	)		3,798,003
Non-controlled interest		-			-			(121,741	)		(121,741	)
Accumulated deficit		(774,830	)		(6,360,178	)		996,465			(6,138,543	)
Accumulated other comprehensive gain		(8,152	)		-			8,152			-
Total stockholders’ deficit		(248,450	)		1,108,102			(1,520,544	)		(660,892	)
Total liabilities and stockholders’ deficit	$	111,821		$	1,720,544		$	(1,520,544	)	$	311,821

China Teletech Holding Inc.

Proforma Condensed Combined Statement of Operations

For the Six Months Ended June 30, 2017

							Elimination
	Kuncheng			CNCT			& Adjustments			Pro Forma
Revenues	$	100,634		$	-		$	(100,634	)	$	-
Cost of revenue		(49,502	)		-			49,502			-
Gross profit (loss)		51,132			-			(51,132	)		-
Selling, general and administrative expenses		(142,201	)		(192,667	)		142,201			(192,667	)
Income (loss) from operations		(91,069	)		(192,667	)		91,069			(192,667	)
Other (expenses)		(731	)		-			731			-
Gain on acquisition								221,636			221,636
Income (loss) from operations before income taxes		(91,800	)		(192,667	)		313,436			28,969
Income tax provision		-			-			-			-
Net income (loss)		(91,800	)		(192,667	)		313,436			28,969
Other comprehensive loss:
Foreign currency translation gain		(8,152	)		-			8,152			-
Comprehensive loss	$	(99,952	)	$	(192,667	)	$	321,588		$	28,969
Per share information – basic and fully diluted:
Weighted average shares outstanding					173,663,776						173,663,776
Net income/(loss) per share, basic				$	(0.001	)				$	0.0002