Kun Peng International (KPEA) 10-Q 18 Feb 22 2022 Q1 Quarterly report Financial data

Cover

Cover - shares	3 Months Ended
	Dec. 31, 2021	Feb. 19, 2022
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Dec. 31, 2021
Document Fiscal Period Focus	Q1
Document Fiscal Year Focus	2022
Current Fiscal Year End Date	--09-30
Entity File Number	333-169805
Entity Registrant Name	KUN PENG INTERNATIONAL LTD.
Entity Central Index Key	0001502557
Entity Tax Identification Number	32-0538640
Entity Incorporation, State or Country Code	NV
Entity Address, Address Line One	Unit 2702, Building T1, the Han’s Plaza
Entity Address, Address Line Two	No. 2 Ronghua South Road
Entity Address, Address Line Three	Beijing Economic
Entity Address, City or Town	Beijing
Entity Address, Country	CN
Entity Address, Postal Zip Code	100176
City Area Code	+86
Local Phone Number	1087227012
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	true
Elected Not To Use the Extended Transition Period	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		40,000,000

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($)	Dec. 31, 2021	Sep. 30, 2021
Current assets
Cash and cash equivalents	$ 2,687,348	$ 2,059,685
Advance and prepayments	577,375	687,648
Other receivables	152,060	123,824
Total current assets	3,416,783	2,871,157
Noncurrent assets
Property, plant and equipment, net	65,898	68,725
Intangible assets, net	2,469	2,568
Right-of-use assets	196,366	282,466
Total noncurrent assets	264,733	353,759
Total assets	3,681,516	3,224,916
Current liabilities
Trade and other payables	1,054,460	1,430,576
Deferred revenue	3,006,489	3,122,705
Payroll payable	90,941	105,923
Tax payable	234,694	261,771
Amounts due to related parties	765,858	39,629
Operating lease obligations-current portion	159,426	229,337
Total current liabilities	5,311,868	5,189,941
Noncurrent liabilities
Operating lease obligations-net of current portion	36,940	53,129
Total noncurrent liabilities	36,940	53,129
Total liabilities	5,348,808	5,243,070
Commitment and contingencies
Equity
Preferred stock, $0.0001 par value, 10,000,000 shares authorized; no shares issued and outstanding as of December 31, 2021 and September 30, 2021
Common stock, $0.0001 par value, 200,000,000 shares authorized; 40,000,000 shares issued and outstanding as of December 31, 2021and September 30, 2021	4,000	4,000
Additional paid-in capital	(4,000)	(4,000)
Accumulated deficits	(1,514,289)	(1,821,105)
Accumulated other comprehensive loss	(20,094)	(32,016)
Total stockholders’ equity	(1,534,383)	(1,853,121)
Non-controlling interests	(132,909)	(165,033)
Total equity	(1,667,292)	(2,018,154)
Total liabilities and equity	$ 3,681,516	$ 3,224,916

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - $ / shares	Dec. 31, 2021	Sep. 30, 2021	Sep. 09, 2021
Statement of Financial Position [Abstract]
Preferred stock par value	$ 0.0001	$ 0.0001	$ 0.0001
Preferred stock, shares authorized	10,000,000	10,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock par value	$ 0.0001	$ 0.0001	$ 0.0001
Common stock, shares authorized	200,000,000	200,000,000	210,000,000
Common stock, shares issued	40,000,000	40,000,000
Common stock, shares outstanding	40,000,000	40,000,000

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)	3 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Income Statement [Abstract]
Revenue, net	$ 4,669,408	$ 545,961
Cost of revenue	(709,209)	(93,850)
Gross profit	3,960,199	452,111
Operating expenses
General and administrative expenses	381,901	434,418
Selling expense	3,265,453	388,464
Total operating expenses	3,647,354	822,882
Income (loss) from operations	312,845	(370,771)
Other (expenses) income:
Interest income	1,560	53
Other income	23,453
Total other income, net	25,013	53
Income (loss) before income taxes	337,858	(370,718)
Income tax expense
Net income (loss)	337,858	(370,718)
Less: Net income (loss) attributable to non-controlling interest	31,042	(55,608)
Net income (loss) attributable to Kun Peng International Ltd	306,816	(315,110)
Foreign currency translation adjustment	13,004	(14,139)
Comprehensive income (loss)	350,862	(384,857)
Less: Comprehensive income (loss) attributable to non-controlling interest	32,124	(57,729)
Comprehensive income (loss) attributable to Kun Peng International Ltd	$ 318,738	$ (327,128)
Net loss per share attributable to common stockholders
Basic and diluted	$ 0.008	$ (0.015)
Weighted average shares used to compute net loss per share attributable to common stockholders	40,000,000	21,376,918

Condensed Consolidated Statem_2

Condensed Consolidated Statement of Changes in Stockholders' Deficit (Unaudited) - USD ($)	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	AOCI Attributable to Parent [Member]	Parent [Member]	Noncontrolling Interest [Member]	Total
Beginning balance, value at Sep. 30, 2020	$ 2,138	$ (2,134)	$ (208,771)	$ (6,888)	$ (215,655)		$ (215,655)
Beginning balance, shares at Sep. 30, 2020	21,376,918
Net income (loss) attributable to common stockholders			(315,110)		(315,110)		(315,110)
Net income (loss) attributable to noncontrolling interest						(55,608)	(55,608)
Foreign currency translation adjustment				(12,018)	(12,018)	(2,121)	(14,139)
Ending balance, value at Dec. 31, 2020	$ 2,138	(2,134)	(523,881)	(18,906)	(542,783)	(57,729)	(600,512)
Ending balance, shares at Dec. 31, 2020	21,376,918
Beginning balance, value at Sep. 30, 2021	$ 4,000	(4,000)	(1,821,105)	(32,016)	(1,853,121)	(165,033)	(2,018,154)
Beginning balance, shares at Sep. 30, 2021	40,000,000
Net income (loss) attributable to common stockholders			306,816		306,816		306,816
Net income (loss) attributable to noncontrolling interest						31,042	31,042
Foreign currency translation adjustment				11,922	11,922	1,082	13,004
Ending balance, value at Dec. 31, 2021	$ 4,000	$ (4,000)	$ (1,514,289)	$ (20,094)	$ (1,534,383)	$ (132,909)	$ (1,667,292)
Ending balance, shares at Dec. 31, 2021	40,000,000

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)	3 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Cash flows from operating activities
Net income (loss)	$ 337,858	$ (370,718)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities
Depreciation and amortization	9,532	5,473
Amortization of right-of-use assets	84,273	64,148
Changes in operating assets and liabilities
Advance and prepayments	103,754	(127,180)
Other receivables	(30,413)	(249,790)
Trade and other payables	(366,122)	242,576
Deferred revenue	(78,588)	550,383
Payroll payable	(13,936)	(8,963)
Amounts due to related parties	741,889	(69,407)
Tax payable	(24,284)	24,198
Lease liabilities	(84,273)	(64,148)
Net cash provided by (used in) operating activities	679,690	(3,428)
Cash flows from investing activities
Purchase of property and equipment	(7,459)	(13,626)
Net cash used in investing activities	(7,459)	(13,626)
Effect of exchange rate changes on cash	(44,568)	5,408
Net increase in cash and cash equivalents	627,663	(11,646)
Cash and cash equivalents, beginning balance	2,059,685	141,166
Cash and cash equivalents, ending balance	2,687,348	129,520
Supplementary cash flows information:
Cash paid for interest
Cash paid for income tax

DESCRIPTION OF THE BUSINESS AND

DESCRIPTION OF THE BUSINESS AND ORGANIZATION	3 Months Ended
	Dec. 31, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
DESCRIPTION OF THE BUSINESS AND ORGANIZATION	NOTE 1. DESCRIPTION OF THE BUSINESS AND ORGANIZATION Kun Peng International Limited (“the Company”, “KPIL”, “CXKJ”, “we”, “us”, “our”), a Nevada corporation (formerly known as CX Network Group, Inc.), through its subsidiaries and VIE, currently engages in the sale of health care and health related household products through its online platform, King Eagle Mall. Reverse Merger On May 17, 2021, the Company entered into a share exchange agreement (“Share Exchange Agreement”) with (i) Kun Peng International Holding Limited (“KP International”), a limited liability company incorporated in British Virgin Islands on April 20, 2021, and (ii) the five members of KP International to acquire all the issued and outstanding capital stock of KP International in exchange for the issuance to those members of an aggregate of 34,158,391 15,535,309 For accounting purpose, the transaction with KP International was treated as a reverse acquisition and KP International is deemed to be the acquirer and the Company as the acquired party. Consequently, the assets and liabilities and the historical operations that will be reflected in the accompanying consolidated financial statements prior to the Reverse Acquisition will be those of KP International and its consolidated subsidiaries and will be recorded at the historical cost basis of KP International, and the accompanying consolidated financial statements after consummation of the reverse acquisition will include the assets and liabilities of KP International and its subsidiaries and VIE, historical operations of KP International and its subsidiaries and VIE, and operations of the Company from the Closing Date of the Reverse Acquisition. The accompanying consolidated financial statements share and per share information has been retroactively adjusted to reflect the exchanged shares in the Acquisition. The equity structure of the Company was retrospectively adjusted under ASC Topic 805-40. As of December 31, 2021, there were 40,000,000 Authorized Shares and Name Change Effective as of September 9, 2021, the Company’s Articles of Incorporation were amended to change the name of the Company from CX Network Group, Inc. to Kun Peng International Ltd. (“KPIL”) and to increase the Company’s authorized capital to 210,000,000 200,000,000 0.0001 10,000,000 0.0001 Kun Peng International Holding Limited Kun Peng International Holding Limited (“KP International”) was incorporated in the British Virgin Islands on April 20, 2021. KP International is a holding company and entered into a Bought and Sold Note with Kunpeng (China) Industrial Development Company Limited (“KP Industrial”), incorporated in Hong Kong on August 11, 2017, at a cash consideration of $0.129 (HK$1) on May 3, 2021. Kunpeng (China) Industrial Development Company Limited Kunpeng (China) Industrial Development Company Limited (“KP Industrial”) was incorporated as a limited liability company in Hong Kong under the name of Jing Jin Ji Investment Group Co., Limited (“Jing Jin Ji”) on August 11, 2017. The share capital of KP Industrial is 10,000 ordinary shares at $1,292 (HKD10,000) and was wholly owned by an individual. Kun Peng (Hong Kong) Industrial Development Limited Kun Peng (Hong Kong) Industrial Development Limited (“KP (Hong Kong)”) was incorporated as a limited liability company in Hong Kong on June 21, 2021. It is a holding company and is wholly owned by Kun Peng International Holding Limited. The share capital of this entity upon formation is $0.13 (HK$1). King Eagle (China) Co., Ltd. King Eagle (China) Co., Ltd. (“King Eagle (China)”) was incorporated as a limited liability company in Beijing Economic Technological Development Zone in the People’s Republic of China (“the PRC”) on March 20, 2019 with a registered capital of approximately $ 15 100 2.2 15 15 On March 26, 2021, Guoxin Ruilian Group Co., Ltd entered into equity transfer agreements with KP Industrial and Guoxin Zhengye. Both Guoxin Ruilian Group Co., Ltd and Guoxin Zhengye are wholly owned by a common shareholder, Guoxin United Holdings Group Co., Ltd. Under the agreements, Guoxin Ruilian Group Co., Ltd agreed to transfer its 8 7 92 8 Some of the business engaged in by King Eagle (Tianjin) is restricted or prohibited for foreign investment under PRC regulations. As such, King Eagle (China) has entered into the VIE Agreements with King Eagle (Tianjin) and their shareholders. We do not own any equity interests in King Eagle (Tianjin), but control and receive the economic benefits of their respective business operations through the VIE Agreements. The VIE Agreements enable us to provide King Eagle (Tianjin) with consulting services on an exclusive basis, in exchange for all of its annual profits, if any. In addition, we are able to appoint its senior executives and approve all matters requiring approval of its shareholders. The VIE Agreements are comprised of a Consulting Service Agreement, Business Operation Agreement, Proxy Agreement, Equity Disposal Agreement, and Equity Pledge Agreement. Under current Chinese laws and regulations, the Company believes that the VIE Agreements are not subject to any government approval. The shareholders of King Eagle (Tianjin) were required to register with SAFE when they established offshore vehicles to hold KP International, and such SAFE registration was effected on May 14, 2021. These shareholders of King Eagle (Tianjin) will have to register their equity pledge arrangement as required under the Equity Pledge Agreement with King Eagle (China). The Company faces uncertainty with respect to future actions by the PRC government that could significantly affect King Eagle (Tianjin)’s financial performance and the enforceability of the VIE Agreements. King Eagle (Tianjin) Technology Co., Ltd. King Eagle (Tianjin) Technology Co., Ltd. (“King Eagle (Tianjin)”) was incorporated as a limited liability company in Tianjin Pilot Free Trade Zone in the People’s Republic of China on September 2, 2020, with a registered capital of approximately $ 1.5 10 It is owned by multiple individuals: (i) Chengyuan Li, 40.5%, (ii) Xiujin Wang, 10.5%, (iii) Jinjing Zhang, 6%,(iv) Wanfeng Hu, 6%, (v) Cuilian Liu, 6%. (vi) Zhizhong Wang. 6%. (vii) Zhandong Fan, 5%, (viii) Yanlu Li, 5%, (ix) Yuanyuan Zhang, 5%, (x_) Xiangyi Mao, 5%, and (xi) Hui Teng, 5%). Kun Peng Tian Yu Health Technology (Tianjin) Co., Ltd. Kun Peng Tian Yu Health Technology Co., Ltd. (“KP Tian Yu”) was incorporated as a limited liability company in Tianjin Pilot Free Trade Zone in the People’s Republic of China on August 10, 2021 with a registered capital of $ 5

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	3 Months Ended
	Dec. 31, 2021
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation The condensed consolidated financial statements have been prepared in accordance with generally accepted accounting principles (GAAP) applicable to quarterly financial information and the requirements of Form 10-Q and Rule 8-03 of Regulation S-X of the Securities and Exchange Commission. Accordingly, they do not include all of the information and disclosure required by accounting principles generally accepted in the United States of America for complete financial statements. Quarterly results are not necessarily indicative of results for a full year. In the opinion of management, all adjustments considered necessary for a fair presentation of the financial position and the results of operations and cash flows for the quarterly periods have been included. These condensed consolidated financial statements should be read in conjunction with the Company’s audited consolidated financial statements and notes thereto for the year ended September 30, 2021 included in the Form 10-K/A filed with the SEC on February 8, 2022. The condensed consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America. This basis of accounting involves the application of accrual accounting and consequently, revenues and gains are recognized when earned, and expenses and losses are recognized when incurred. The condensed consolidated financial statements are expressed in U.S. dollars. Basis of Consolidation The condensed consolidated financial statements include the financial statements of the Company, its subsidiaries and variable interest entity (“VIE”). All significant intercompany transactions and balances within the Company have been eliminated upon consolidation. Use of Estimates and Assumptions The preparation of the condensed consolidated financial statements in conformity with generally accepted accounting principles requires management to make estimate and assumptions that impact the presented amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the presented amounts of revenues and expenses during the period. Actual results may differ from those estimates. Significant estimates during the three months ended December 31, 2021 and 2020 include the collectability of receivables, the useful lives of long-lived assets and intangibles, assumptions used in assessing impairment of long-lived assets, valuation of accruals for expenses and tax due. Going Concern The accompanying condensed consolidated financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America which contemplate continuation of the Company as a going concern basis. The going-concern basis assures that assets are realized and liabilities are extinguished in the ordinary course of business at amounts disclosed on the financial statements. The Company’s ability to continue as a going concern depends on the liquidation of its current assets and business developments. In assessing the Company’s liquidity, the Company monitors and analyzes its cash and cash equivalents and its operating and capital expenditure commitments. The Company’s liquidity needs are to meet its working capital requirements, operating expenses and capital expenditure obligations. For the three months ended December 31, 2021, although the Company generated cash inflows from operating activities of $ 679,690 337,858 1,895,085 The Company continues to monitor its operations to help refine the Company’s financial liquidity. Options under consideration in the review process include, but not limited to, increase of sales on its online business, reduction of overhead costs, fund advance from the Company’s stockholders and directors, or financing through issuance of shares. During the first quarter of 2022, the Company focused on increasing its revenue through its online platform and slimming its overhead costs. For example, we reduced the compensation and benefits of our executives, decreased office supplies expense, trimmed staff meeting expense and terminated the lease arrangements of employee accommodations. Additionally, the Company obtained a fund advance of approximately $ 0.8 In order to continue as a going concern for the next 12 months, the Company continues to focus on increasing its revenue through the sale of health care products on its online platform, King Eagle Mall, streamlining its overhead costs or obtaining a financing from its stockholders or directors. However, the Company cannot provide any assurance that it will be able to increase revenue, that it will be able to successfully implement its business plan, or that financing that will be available to it on commercially acceptable terms, if at all. The financial statements do not include any adjustments to reflect the possible future effects on the recoverability and classification of assets or the amounts and classifications of liabilities that may result should the Company be unable to continue as a going concern. The directors will continue to support the group by providing adequate financial assistance to enable the group to continue its business operations for the foreseeable future. COVID-19 Outbreak The ongoing and evolving COVID-19 pandemic continues to spread throughout the world and outbreak prompted governments and business to take a widespread of quarantines, lockdowns, site closures. It has negatively impacted the global economy, workforces, customers, and created significant volatility and disruption of economic activities. During the first quarter of 2022, the restrictions, quarantines and closures remained in certain affected areas and government agencies in the PRC. The approval process of our applications for the construction permits of smart kiosks was delayed by the local governmental agencies and the construction project of smart kiosks was also postponed. The Company continues to focus its business through its online platform, King Eagle Mall, to mitigate the adverse impacts by COVID-19 and follows up closely with the local governmental agencies for the application for the construction permits of smart kiosks. In fact, the pandemic increased the overall public health consciousness in the PRC and the Company experienced a significant growth in its average monthly online sale revenue by $ 1.4 755.2 0.2 1.6 The Company does not expect that the coronavirus COVID-19 will have a material adverse effect on its online business or financial results at this time. Still, it is not possible to predict the unanticipated consequence of the pandemic on our future business performance and liquidity due to the severity of global situation of COVID-19. The Company continues to monitor and assess the evolving situation closely and evaluate its potential exposure. Earnings (loss) Per Share Basic income (loss) per share is computed by dividing net income (loss) attributable to the holders of ordinary shares by the weighted average number of ordinary shares outstanding during the year. Diluted income (loss) per share is calculated by dividing net income (loss) attributable to the holders of ordinary shares as adjusted for the effect of dilutive ordinary share equivalents, if any, by the weighted average number of ordinary shares and dilutive ordinary share equivalents outstanding during the period. However, ordinary share equivalents are not included in the denominator of the diluted earnings per share calculation when inclusion of such shares would be anti-dilutive, such as in a period in which a net loss is recorded. Cash and Cash Equivalents We consider all highly liquid investments with an original maturity of three months or less when purchased to be cash equivalents. We maintain with various financial institutions in PRC. As of December 31, 2021 and September 30, 2021, cash balances held in PRC banks are uninsured. We have not experienced any losses in bank accounts and believes we are not exposed to any risks on our cash in bank accounts. Revenue Recognition Revenue is comprised of sales of goods and represents the amount of consideration the Company is entitled to upon the transfer of goods. Revenue was recorded on a gross basis, net of surcharges and value added tax (“VAT”) of gross sales. The Company recorded revenue on a gross basis because the Company is the primary obligor of the sales arrangements has latitude in establishing prices, has discretion in suppliers’ selection and assumes credit risks on receivables on gross sales from customers. Deferred Revenue Deferred revenue results from transactions where the Company has received the payments from the customers but revenue recognition criteria under the five-step model of ASC Topic 606 have yet to be met. Once all revenue recognition criteria have been satisfied, the revenues will be recognized upon the transfer of risk and rewards to the customers in the consolidated statement of operations. Lease The Company adopted ASC Topic 842 using the modified retrospective transition method on July 1, 2020. There was no cumulative effect of initially applying ASC Topic 842 that required an adjustment to the opening retained earnings on the adoption date nor revision of the balances in comparative periods. As a result of the adoption, the Company recognized a lease liability and right-of-use asset for each of the existing lease arrangement. Recently Adopted Accounting Standards Income Taxes Accounting Pronouncements Issued But Not Yet Adopted Financial Instruments In the period from January 2022 through February 2022, the FASB has not issued additional accounting standards updates.

VARIABLE INTEREST ENTITIES _VIE

VARIABLE INTEREST ENTITIES “VIE” ARRANGEMENTS	3 Months Ended
	Dec. 31, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
VARIABLE INTEREST ENTITIES “VIE” ARRANGEMENTS	NOTE 3 - VARIABLE INTEREST ENTITIES “VIE” ARRANGEMENTS On May 15, 2021, King Eagle (China) entered into a series of contractual arrangements with King Eagle (Tianjin) and its shareholders. As a result of the contractual arrangements, the Company classified King Eagle (Tianjin) as a Variable Interest Entity “VIE”. King Eagle (Tianjin) Technology Co., Ltd. (“King Eagle (Tianjin)”) was incorporated as a limited liability company in Tianjin Pilot Free Trade Zone in the People’s Republic of China on September 2, 2020, with a registered capital of approximately $ 1.5 10 It is owned by multiple individuals: (i) Chengyuan Li, 40.5%, (ii) Xiujin Wang, 10.5%, (iii) Jinjing Zhang, 6%,(iv) Wanfeng Hu, 6%, (v) Cuilian Liu, 6%. (vi) Zhizhong Wang. 6%. (vii) Zhandong Fan, 5%, (viii) Yanlu Li, 5%, (ix) Yuanyuan Zhang, 5%, (x) Xiangyi Mao, 5%, and (xi) Hui Teng, 5%). The VIE Agreements are as follows: (1) Consulting Service Agreement (2) Business Operation Agreement (3) Proxy Agreement (4) Equity Disposal Agreement (5) Equity Pledge Agreement Consulting Service Agreement Pursuant to the terms of certain Exclusive Consulting Service Agreement dated May 15, 2021, between King Eagle (China) and King Eagle (Tianjin) (the “ Consulting Service Agreement 10 Business Operation Agreement Pursuant to the terms of certain Business Operation Agreement dated on May 15, 2021, among King Eagle (China), King Eagle (Tianjin)and the shareholders of King Eagle (Tianjin) (the “ Business Operation Agreement Proxy Agreement Pursuant to the terms of the Proxy Agreement dated on May 15, 2021, among King Eagle (China), and the shareholders of King Eagle (Tianjin) (the “ Proxy Agreement Equity Disposal Agreement Pursuant to the terms of the Equity Disposal Agreement dated on May 15, 2021, among King Eagle (China), King Eagle (Tianjin), and the shareholders of King Eagle (Tianjin) (the “ Equity Disposal Agreement Equity Pledge Agreement Pursuant to the terms of certain Equity Pledge Agreement dated on May 15, 2021, among King Eagle (China) and the shareholders of King Eagle (Tianjin) (the “ Pledge Agreement Agreement Agreements A VIE is an entity that has either a total equity investment that is insufficient to permit the entity to finance its activities without additional subordinated financial support, or whose equity investors lack the characteristics of a controlling financial interest, such as through voting rights, right to receive the expected residual returns of the entity or obligation to absorb the expected losses of the entity. The variable interest holder, if any, that has a controlling financial interest in a VIE is deemed to be the primary beneficiary and must consolidate the VIE. King Eagle (China) is deemed to have a controlling financial interest and be the primary beneficiary of King Eagle (Tianjin) because it has both of the following characteristics: (1) The power to direct activities at King Eagle (Tianjin) that most significantly impact such entity’s economic performance, and (2) The obligation to absorb losses of, and the right to receive benefits from, King Eagle (Tianjin) that could potentially be significant to such entity. Pursuant to the Contractual Arrangements, King Eagle (Tianjin) pays service fees equal to all of its net profit after tax payments to King Eagle (China). At the same time, to King Eagle (China) is obligated to absorb all of their losses. The Contractual Arrangements are designed so that King Eagle (Tianjin) operates to the benefit of King Eagle (China) and ultimately the Company. Based on the foregoing VIE Agreements, King Eagle (China) has effective 100 Accordingly, the accounts of the King Eagle (Tianjin) are consolidated in the accompanying financial statements pursuant to ASC 810-10, Consolidation. In addition, their financial positions and results of operations are included in the Company’s financial statements. The Company consolidated its VIE as of December 31, 2021 and September 30, 2021. The carrying amounts and classification of the VIE’s assets and liabilities included in the consolidated balance sheets are as follows: SCHEDULE OF VIE’S ASSETS AND LIABILITIES INCLUDED IN THE CONSOLIDATED BALANCE SHEETS December 31, September 30, 2021 2021 Current assets $ 4,521,676 $ 3,712,560 Noncurrent assets 118,873 145,935 Total assets 4,640,549 3,858,495 Total liabilities 4,851,924 4,525,808 Net liabilities $ (211,375 ) $ (667,313 ) The VIE’s liabilities consisted of the following as of December 31, 2021 and September 30, 2021: December 31, September 30, 2021 2021 Current liabilities Trade and other payable $ 728,027 $ 1,024,064 Amount due to a related party 765,858 - Deferred revenue 3,006,489 3,122,705 Payroll payable 6,880 14,802 Tax payable 225,797 218,301 Operating lease obligations-current portion 81,933 92,807 Total current liabilities 4,814,984 4,472,679 Total noncurrent liabilities - - Operating lease obligations-net of current portion 36,940 53,129 Total noncurrent liabilities 36,940 53,129 Total liabilities $ 4,851,924 $ 4,525,808 The operating results of the VIE were as follows: For the three months ended December 31, 2021 2020 Revenue $ 4,669,408 $ 545,961 Gross profit 3,962,730 452,112 Income (loss) from operations 437,856 (180,564 ) Other income 19,034 21 Net income (loss) $ 456,890 $ (180,543 )

ADVANCE AND PREPAYMENTS

ADVANCE AND PREPAYMENTS	3 Months Ended
	Dec. 31, 2021
Advance And Prepayments
ADVANCE AND PREPAYMENTS	NOTE 4 - ADVANCE AND PREPAYMENTS Prepayments consisted of the following: SCHEDULE OF PREPAYMENTS 2021 2021 December 31, September 30, 2021 2021 Prepaid service fee (1) $ 344,636 $ 349,019 Prepaid rent and building management and utilities 80,092 85,474 Prepaid supplies (2) 109,996 78,248 Prepaid system maintenance services 3,434 5,209 Prepaid income tax 5,617 5,689 Prepaid professional services (3) 30,306 148,708 Prepaid others 3,294 15,301 Total prepayments $ 577,375 $ 687,648 (1) Prepaid service fee was paid to Guoxin Star Network Co., Ltd (“Guoxin”) by our VIE, King Eagle (Tianjin). It represents prepayments for operation fee and the usage of the Smart Kiosk which are still under construction and development. Both parties are entitled to exercise the Force Majeure Clause of the contract signed between both parties. As such, this prepaid service fee may or may not be recoverable. Nevertheless, an impairment of this prepayment is not necessary because both parties have expressed the intention to progress with the construction of the Smart Kiosks, and thereafter, with the operation of the same as soon as the circumstances allow. (2) As of December 31, 2021, and September 30, 2021, the Company had prepared the supplies of $ 109,996 78,248 (3) As of December 31, 2021, the ending balance of prepaid professional services included a prepayment $ 20,095 10,211 138,367 10,341 These amounts are expected to be recoverable within twelve (12) months.

OTHER RECEIVABLES

OTHER RECEIVABLES	3 Months Ended
	Dec. 31, 2021
Other Receivables
OTHER RECEIVABLES	NOTE 5 - OTHER RECEIVABLES Other receivables included the following: SCHEDULE OF OTHER RECEIVABLES December 31, September 30, 2021 2021 Rental deposits $ 90,722 $ 93,583 Advance to employees 61,269 30,241 Others 69 - Total other receivables, net $ 152,060 $ 123,824 Advance to employees represents funds provided to our officers and employees for the business expenses, such as travel, parking, gasoline, membership, meals, that are anticipated to be incurred by our officers and employees on behalf of the Company. Advances to employees are required to be repaid by cash within a year or employees are required to submit expense receipts for business expenses within three months.

PROPERTY AND EQUIPMENT, NET

PROPERTY AND EQUIPMENT, NET	3 Months Ended
	Dec. 31, 2021
Property, Plant and Equipment [Abstract]
PROPERTY AND EQUIPMENT, NET	NOTE 6 - PROPERTY AND EQUIPMENT, NET Property and equipment consisted of the following: SCHEDULE OF PROPERTY AND EQUIPMENT December 31, September 30, 2021 2021 Leasehold improvements $ 29,510 $ 29,886 Furniture and fixtures 9,414 9,534 Computer equipment 43,707 43,452 Office equipment 1,613 1,633 Computer software 18,327 11,971 Subtotal 102,571 96,476 Less: accumulated depreciation (36,673 ) (27,751 ) Total property and equipment, net $ 65,898 $ 68,725 The depreciation expense was $ 9,464 5,473

INTANGIBLE ASSETS

INTANGIBLE ASSETS	3 Months Ended
	Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
INTANGIBLE ASSETS	NOTE 7 – INTANGIBLE ASSETS SCHEDULE OF INTANGIBLE ASSET December 31, September 30, 2021 2021 Trademarks $ 2,669 $ 2,703 Subtotal 2,669 2,703 Less: accumulated amortization (200 ) (135 ) Total intangible assets, net $ 2,469 $ 2,568 Intangible assets consist of the Company’s trademarks of King Eagle Mall with the useful life of ten years Amortization expense was $ 68 nil

DEFERRED REVENUE

DEFERRED REVENUE	3 Months Ended
	Dec. 31, 2021
Revenue Recognition and Deferred Revenue [Abstract]
DEFERRED REVENUE	NOTE 8 – DEFERRED REVENUE SCHEDULE OF DEFERRED REVENUE December 31, September 30, 2021 2021 Advance payments from customers $ 3,006,489 $ 3,122,705 Total deferred revenue $ 3,006,489 $ 3,122,705 Deferred revenue resulted from transactions where the Company received the advanced payments from the customers but revenue recognition criteria under the five-step model have yet to be met. As of December 31, 2021 and September 30, 2021, the Company had a total deferred revenue of $ 3,006,489 3,122,705

RELATED PARTY BALANCES AND TRAN

RELATED PARTY BALANCES AND TRANSACTIONS	3 Months Ended
	Dec. 31, 2021
Related Party Transactions [Abstract]
RELATED PARTY BALANCES AND TRANSACTIONS	NOTE 9 - RELATED PARTY BALANCES AND TRANSACTIONS Amounts due to related parties are payables arising from transactions between the Company and a related parties, such as payments of operating expenses by such related party on behalf of our entities in PRC and funding to meet working capital requirements. The payables owed to the related party are interest free, unsecured, and repayable on demand. Amounts due to related parties consisted of the following: SCHEDULE OF AMOUNTS DUE TO RELATED PARTIES December 31, September 30, Name of related party Relationship Nature of transactions 2021 2021 Mr. Yihe Pang Director Payments made to the lessors on behalf of King Eagle (China). The balance was paid off in December 2021. $ - $ 39,629 Ms. Xiujin Wang One of the shareholders of King Eagle (Tianjin) Operational support to King Eagle (Tianjin) to meet its working capital requirement. 765,858 - Total $ 765,858 $ 39,629

EQUITY

EQUITY	3 Months Ended
	Dec. 31, 2021
Equity
EQUITY	NOTE 10 - EQUITY Effective as of September 9, 2021, the Company’s Articles of Incorporation were amended to increase the Company’s authorized capital to 210,000,000 200,000,000 0.0001 10,000,000 0.0001 Preferred stock The Company’s authorized shares of preferred stock were 10,000,000 0.0001 No Common stock The Company’s authorized shares of common stock were 200,000,000 0.0001 40,000,000 Reverse acquisition On May 17, 2021, the Company entered into a share exchange agreement (“Share Exchange Agreement”) with (i) Kun Peng International Holding Limited (“KP International”), a limited liability company incorporated in British Virgin Islands on April 20, 2021, and (ii) the five members of KP International to acquire all the issued and outstanding capital stock of KP International in exchange for the issuance to those members of an aggregate of 34,158,391 15,535,309 For accounting purpose, the transaction with KP International was treated as a reverse acquisition and KP International is deemed to be the acquirer and the Company as the acquired party. Consequently, the assets and liabilities and the historical operations that will be reflected in the accompanying consolidated financial statements prior to the Reverse Acquisition will be those of KP International and its consolidated subsidiaries and will be recorded at the historical cost basis of KP International, and the accompanying unaudited condensed consolidated financial statements after consummation of the reverse acquisition will include the assets and liabilities of KP International and its subsidiaries and VIE, historical operations of KP International and its subsidiaries and VIE, and operations of the Company from the Closing Date of the Reverse Acquisition. The accompanying unaudited condensed consolidated financial statements share and per share information has been retroactively adjusted to reflect the exchanged shares in the Acquisition. The equity structure of the Company was retrospectively adjusted under ASC Topic 805-40. As of December 31, 2021, there were 40,000,000 Restricted net assets : Our ability to pay dividends is primarily dependent on us receiving distributions of funds from its subsidiary or VIE. Relevant PRC statutory laws and regulations permit payments of dividends by only out of its retained earnings, if any, as determined in accordance with PRC accounting standards and regulations and after it has met the PRC requirements for appropriation to statutory reserves. Share capital of the PRC subsidiary and VIE included in the Company’s consolidated net assets are also non-distributable for dividend purposes. The results of operations reflected in the accompanying consolidated financial statements prepared in accordance with U.S. GAAP differ from those reflected in the statutory financial statements of King Eagle (China), the foreign-invested enterprise, King Eagle (Tianjin), the VIE and KP Tian Yu. The Company is required to set aside at least 10 50 As a result of the foregoing restrictions, King Eagle (China), King Eagle (Tianjin) and KP Tian Yu are restricted in their ability to transfer their net assets to the Company. Foreign exchange and other regulation in the PRC may further restrict these two entities from transferring funds to the Company in the form of dividends, loans and advances. As of December 31, 2021 and September 30, 2021, the Company had negative net assets which included common stock, additional paid-in capital, accumulated deficit and foreign exchange translation adjustment of its subsidiaries in BVI, Hong Kong and the PRC and the VIE that are included in the Company’s consolidated financial statements. As of December 31, 2021, King Eagle (China), King Eagle (Tianjin) and KP Tian Yu incurred negative net assets which amounted to $ 1,094,230 211,374 nil 1,039,840 667,313 nil

INCOME TAXES

INCOME TAXES	3 Months Ended
	Dec. 31, 2021
Income Tax Disclosure [Abstract]
INCOME TAXES	NOTE 11- INCOME TAXES The Company accounts for income taxes pursuant to the accounting standards that requires the recognition of deferred tax assets and liabilities for both the expected impact of differences between the financial statements and the tax basis of assets and liabilities, and for the expected future tax benefit to be derived from tax losses and tax credit carryforwards. Additionally, the accounting standards require the establishment of a valuation allowance to reflect the likelihood of realization of deferred tax assets. The Company and its subsidiaries file separate income tax returns. United States Kun Peng International Ltd is incorporated in the State of Nevada and is subject to the United States federal income tax. No provision for income taxes in the U.S. has been made as the Company has no U.S. taxable income for the three months ended December 31, 2021 and 2020. British Virgin Islands KP International is a holding corporation organized as an International Business Company under the laws of the British Virgin Islands (“BVI”), and its principal operating subsidiaries are organized under the laws of Hong Kong and the laws of the PRC. KP International and its subsidiaries are not subject to income taxes in the BVI. Hong Kong The two-tier profits tax rates system was introduced under the Inland Revenue (Amendment)(No.3) Ordinance 2018 (“the Ordinance”) of Hong Kong became effective for the assessment year 2018/2019. Under the two-tier profit tax rates regime, the profits tax rate for the first $ 0.26 2 8.25 16.5 Since KP Industrial and KP (Hong Kong) are wholly owned and under the control of KP International, these entities are connected entities. Under the Ordinance, it is an entity’s election to nominate the entity that will be subject to the two-tier profits tax rates on its profits tax return. The election is irrevocable. The Company elected KP (Hong Kong) to be subject to the two-tier profits tax rates. KP Industrial and KP (Hong Kong) did not earn any income that was derived in Hong Kong for three months ended December 31, 2021 and 2020 and, therefore, KP Industrial and KP (Hong Kong) were not subject to Hong Kong profits tax for the periods reported. Since the two-tier profit tax rates regime is tentative, we applied the original profits tax rate, 16.5%, for the calculation of deferred taxes for our subsidiaries in Hong Kong. PRC The PRC’s statutory income tax rate is 25 25 Income tax expense was comprised of the following: SCHEDULE OF COMPONENTS OF INCOME TAX EXPENSE BENEFIT 2021 2020 For the three months ended December 31 2021 2020 Current $ $ Federal - - State - - Foreign - - Total current - - Deferred Federal - - State - - Foreign - - Total deferred - - Total income tax expense $ - $ - A reconciliation between the Company’s actual provision for income taxes and the provision at the statutory rate is as follow: SCHEDULE OF RECONCILIATION OF PROVISION OF INCOME TAX 2021 2020 For the three months ended December 31, 2021 2020 Income (loss) before income tax expense $ 337,858 $ (370,718 ) Computed tax expense (benefit) with statutory tax rate 21.0 % 25.0 % Impact of different tax rates in other jurisdictions 4.6 % 0.0 % Tax effect of non-deductible expenses 0.5 % (0.8 )% Change in valuation allowance (26.1 )% (24.2 )% Effective tax rate 0.0 % 0.0 % Uncertain tax positions The Company files tax returns as prescribed by the tax laws of the jurisdictions in which it operates. In the normal course of business, the Company is subject to examination by the respective jurisdictions, where applicable. The statute of limitations for the tax returns varies by jurisdictions. The statute of limitations for the Internal Revenue Services to assess the income tax returns on a taxpayer expires three years from the due date of the income tax return or the date on which it was filed, whichever is later. In accordance with the Hong Kong profits tax regulations, a tax assessment by the IRD may be initiated within six years after the relevant year of assessment, but extendable to 10 years in the case of potential willful underpayment or evasion. In accordance with PRC Tax Administration Law on the Levying and Collection of Taxes, the PRC tax authorities generally have up to five years to assess underpaid tax plus penalties and interest for PRC entities’ tax filings. In the case of tax evasion, which is not clearly defined in the law, there is no limitation on the tax years open for investigation. Accordingly, the PRC entities remain subject to examination by the tax authorities based on the above. As of December 31, 2021 and September 30, 2021, the Company did not accrue any liability, interest or penalties related to uncertain tax positions in the provision for income taxes in its consolidated financial statements. The Company does not expect that its assessment regarding unrecognized tax positions will materially change over the next 12 months.

RIGHT-OF-USE ASSETS AND LEASE

RIGHT-OF-USE ASSETS AND LEASE	3 Months Ended
	Dec. 31, 2021
Right-of-use Assets And Lease
RIGHT-OF-USE ASSETS AND LEASE	NOTE 12 - RIGHT-OF-USE ASSETS AND LEASE The Company has operating leases for its office facilities and employee accommodation. Leases with an initial term of 12 months or less are not recorded on the balance sheet; the Company recognizes lease expense for these leases on a straight-line basis over the lease term. The following table provides a summary of leases as of December 31, 2021, and September 30, 3021: SUMMARY OF OPERATING LEASE ASSETS AND LIABILITIES Assets/liabilities Classification December 31, September 30, Assets Operating lease right-of-use assets Operating lease assets $ 196,366 $ 282,466 Liabilities Current Operating lease liabilities - current Current operating lease liabilities $ 159,426 $ 229,337 Long-term Operating lease liabilities – net of current portion Long-term operating lease liabilities $ 36,940 $ 53,129 Total lease liabilities $ 196,366 $ 282,466 The operating lease expense for the three months ended December 31, 2021 and 2020 was as follows: SUMMARY OF OPERATING LEASE EXPENSE For the three months ended December 31, Lease Cost Classification 2021 2020 Operating lease cost General and administrative $ 80,915 $ 86,483 Total lease cost $ 80,915 $ 86,483 Maturities of operating lease liabilities as of December 31, 2021 were as follow: SCHEDULE OF MATURITY OF OPERATING LEASE LIABILITIES Maturity of Lease Liabilities Operating Leases 2022 (remaining) $ 147,931 2023 53,610 Thereafter - Total lease payments $ 201,541 Less: interest (5,175 ) Present value of lease payments $ 196,366 Supplemental information related to operating leases was as follows: SCHEDULE OF OPERATING LEASES 2021 2020 For the three months ended December 31, 2021 2020 Cash paid for amounts included in the measurement of lease liabilities $ 85,604 $ 69,520 New operating lease assets obtained in exchange for operating lease liabilities $ - $ - Weighted average remaining lease term 0.95 1.4 Weighted average discount rate 4.75 % 4.75 % The amortization expense was $84,273 and $64,148 for the three months ended December 31, 2021 and 2020, respectively.

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	3 Months Ended
	Dec. 31, 2021
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	NOTE 13 - COMMITMENTS AND CONTINGENCIES On March 31, 2021, King Eagle (Tianjin) entered into a Cooperation Agreement with Guoxin Star Network Co., Ltd who assigned and franchised the operation of 50 Smart Kiosks to King Eagle (Tianjin) for five years 1.14 7,500,000 0.34 2,250,000 0.8 250,000

SUBSEQUENT EVENT

SUBSEQUENT EVENT	3 Months Ended
	Dec. 31, 2021
Subsequent Events [Abstract]
SUBSEQUENT EVENT	NOTE 14 - SUBSEQUENT EVENT As of December 31, 2021, the Company evaluated and concluded that there are no subsequent events that have occurred that would require recognition or disclosure in the financial statements other than as disclosed above.

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	3 Months Ended
	Dec. 31, 2021
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The condensed consolidated financial statements have been prepared in accordance with generally accepted accounting principles (GAAP) applicable to quarterly financial information and the requirements of Form 10-Q and Rule 8-03 of Regulation S-X of the Securities and Exchange Commission. Accordingly, they do not include all of the information and disclosure required by accounting principles generally accepted in the United States of America for complete financial statements. Quarterly results are not necessarily indicative of results for a full year. In the opinion of management, all adjustments considered necessary for a fair presentation of the financial position and the results of operations and cash flows for the quarterly periods have been included. These condensed consolidated financial statements should be read in conjunction with the Company’s audited consolidated financial statements and notes thereto for the year ended September 30, 2021 included in the Form 10-K/A filed with the SEC on February 8, 2022. The condensed consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America. This basis of accounting involves the application of accrual accounting and consequently, revenues and gains are recognized when earned, and expenses and losses are recognized when incurred. The condensed consolidated financial statements are expressed in U.S. dollars.
Basis of Consolidation	Basis of Consolidation The condensed consolidated financial statements include the financial statements of the Company, its subsidiaries and variable interest entity (“VIE”). All significant intercompany transactions and balances within the Company have been eliminated upon consolidation.
Use of Estimates and Assumptions	Use of Estimates and Assumptions The preparation of the condensed consolidated financial statements in conformity with generally accepted accounting principles requires management to make estimate and assumptions that impact the presented amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the presented amounts of revenues and expenses during the period. Actual results may differ from those estimates. Significant estimates during the three months ended December 31, 2021 and 2020 include the collectability of receivables, the useful lives of long-lived assets and intangibles, assumptions used in assessing impairment of long-lived assets, valuation of accruals for expenses and tax due.
Going Concern	Going Concern The accompanying condensed consolidated financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America which contemplate continuation of the Company as a going concern basis. The going-concern basis assures that assets are realized and liabilities are extinguished in the ordinary course of business at amounts disclosed on the financial statements. The Company’s ability to continue as a going concern depends on the liquidation of its current assets and business developments. In assessing the Company’s liquidity, the Company monitors and analyzes its cash and cash equivalents and its operating and capital expenditure commitments. The Company’s liquidity needs are to meet its working capital requirements, operating expenses and capital expenditure obligations. For the three months ended December 31, 2021, although the Company generated cash inflows from operating activities of $ 679,690 337,858 1,895,085 The Company continues to monitor its operations to help refine the Company’s financial liquidity. Options under consideration in the review process include, but not limited to, increase of sales on its online business, reduction of overhead costs, fund advance from the Company’s stockholders and directors, or financing through issuance of shares. During the first quarter of 2022, the Company focused on increasing its revenue through its online platform and slimming its overhead costs. For example, we reduced the compensation and benefits of our executives, decreased office supplies expense, trimmed staff meeting expense and terminated the lease arrangements of employee accommodations. Additionally, the Company obtained a fund advance of approximately $ 0.8 In order to continue as a going concern for the next 12 months, the Company continues to focus on increasing its revenue through the sale of health care products on its online platform, King Eagle Mall, streamlining its overhead costs or obtaining a financing from its stockholders or directors. However, the Company cannot provide any assurance that it will be able to increase revenue, that it will be able to successfully implement its business plan, or that financing that will be available to it on commercially acceptable terms, if at all. The financial statements do not include any adjustments to reflect the possible future effects on the recoverability and classification of assets or the amounts and classifications of liabilities that may result should the Company be unable to continue as a going concern. The directors will continue to support the group by providing adequate financial assistance to enable the group to continue its business operations for the foreseeable future.
COVID-19 Outbreak	COVID-19 Outbreak The ongoing and evolving COVID-19 pandemic continues to spread throughout the world and outbreak prompted governments and business to take a widespread of quarantines, lockdowns, site closures. It has negatively impacted the global economy, workforces, customers, and created significant volatility and disruption of economic activities. During the first quarter of 2022, the restrictions, quarantines and closures remained in certain affected areas and government agencies in the PRC. The approval process of our applications for the construction permits of smart kiosks was delayed by the local governmental agencies and the construction project of smart kiosks was also postponed. The Company continues to focus its business through its online platform, King Eagle Mall, to mitigate the adverse impacts by COVID-19 and follows up closely with the local governmental agencies for the application for the construction permits of smart kiosks. In fact, the pandemic increased the overall public health consciousness in the PRC and the Company experienced a significant growth in its average monthly online sale revenue by $ 1.4 755.2 0.2 1.6 The Company does not expect that the coronavirus COVID-19 will have a material adverse effect on its online business or financial results at this time. Still, it is not possible to predict the unanticipated consequence of the pandemic on our future business performance and liquidity due to the severity of global situation of COVID-19. The Company continues to monitor and assess the evolving situation closely and evaluate its potential exposure.
Earnings (loss) Per Share	Earnings (loss) Per Share Basic income (loss) per share is computed by dividing net income (loss) attributable to the holders of ordinary shares by the weighted average number of ordinary shares outstanding during the year. Diluted income (loss) per share is calculated by dividing net income (loss) attributable to the holders of ordinary shares as adjusted for the effect of dilutive ordinary share equivalents, if any, by the weighted average number of ordinary shares and dilutive ordinary share equivalents outstanding during the period. However, ordinary share equivalents are not included in the denominator of the diluted earnings per share calculation when inclusion of such shares would be anti-dilutive, such as in a period in which a net loss is recorded.
Cash and Cash Equivalents	Cash and Cash Equivalents We consider all highly liquid investments with an original maturity of three months or less when purchased to be cash equivalents. We maintain with various financial institutions in PRC. As of December 31, 2021 and September 30, 2021, cash balances held in PRC banks are uninsured. We have not experienced any losses in bank accounts and believes we are not exposed to any risks on our cash in bank accounts.
Revenue Recognition	Revenue Recognition Revenue is comprised of sales of goods and represents the amount of consideration the Company is entitled to upon the transfer of goods. Revenue was recorded on a gross basis, net of surcharges and value added tax (“VAT”) of gross sales. The Company recorded revenue on a gross basis because the Company is the primary obligor of the sales arrangements has latitude in establishing prices, has discretion in suppliers’ selection and assumes credit risks on receivables on gross sales from customers.
Deferred Revenue	Deferred Revenue Deferred revenue results from transactions where the Company has received the payments from the customers but revenue recognition criteria under the five-step model of ASC Topic 606 have yet to be met. Once all revenue recognition criteria have been satisfied, the revenues will be recognized upon the transfer of risk and rewards to the customers in the consolidated statement of operations.
Lease	Lease The Company adopted ASC Topic 842 using the modified retrospective transition method on July 1, 2020. There was no cumulative effect of initially applying ASC Topic 842 that required an adjustment to the opening retained earnings on the adoption date nor revision of the balances in comparative periods. As a result of the adoption, the Company recognized a lease liability and right-of-use asset for each of the existing lease arrangement.
Recently Adopted Accounting Standards	Recently Adopted Accounting Standards Income Taxes
Accounting Pronouncements Issued But Not Yet Adopted	Accounting Pronouncements Issued But Not Yet Adopted Financial Instruments In the period from January 2022 through February 2022, the FASB has not issued additional accounting standards updates.

VARIABLE INTEREST ENTITIES _V_2

VARIABLE INTEREST ENTITIES “VIE” ARRANGEMENTS (Tables)	3 Months Ended
	Dec. 31, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
SCHEDULE OF VIE’S ASSETS AND LIABILITIES INCLUDED IN THE CONSOLIDATED BALANCE SHEETS	The Company consolidated its VIE as of December 31, 2021 and September 30, 2021. The carrying amounts and classification of the VIE’s assets and liabilities included in the consolidated balance sheets are as follows: SCHEDULE OF VIE’S ASSETS AND LIABILITIES INCLUDED IN THE CONSOLIDATED BALANCE SHEETS December 31, September 30, 2021 2021 Current assets $ 4,521,676 $ 3,712,560 Noncurrent assets 118,873 145,935 Total assets 4,640,549 3,858,495 Total liabilities 4,851,924 4,525,808 Net liabilities $ (211,375 ) $ (667,313 ) The VIE’s liabilities consisted of the following as of December 31, 2021 and September 30, 2021: December 31, September 30, 2021 2021 Current liabilities Trade and other payable $ 728,027 $ 1,024,064 Amount due to a related party 765,858 - Deferred revenue 3,006,489 3,122,705 Payroll payable 6,880 14,802 Tax payable 225,797 218,301 Operating lease obligations-current portion 81,933 92,807 Total current liabilities 4,814,984 4,472,679 Total noncurrent liabilities - - Operating lease obligations-net of current portion 36,940 53,129 Total noncurrent liabilities 36,940 53,129 Total liabilities $ 4,851,924 $ 4,525,808 The operating results of the VIE were as follows: For the three months ended December 31, 2021 2020 Revenue $ 4,669,408 $ 545,961 Gross profit 3,962,730 452,112 Income (loss) from operations 437,856 (180,564 ) Other income 19,034 21 Net income (loss) $ 456,890 $ (180,543 )

ADVANCE AND PREPAYMENTS (Tables

ADVANCE AND PREPAYMENTS (Tables)	3 Months Ended
	Dec. 31, 2021
Advance And Prepayments
SCHEDULE OF PREPAYMENTS	Prepayments consisted of the following: SCHEDULE OF PREPAYMENTS 2021 2021 December 31, September 30, 2021 2021 Prepaid service fee (1) $ 344,636 $ 349,019 Prepaid rent and building management and utilities 80,092 85,474 Prepaid supplies (2) 109,996 78,248 Prepaid system maintenance services 3,434 5,209 Prepaid income tax 5,617 5,689 Prepaid professional services (3) 30,306 148,708 Prepaid others 3,294 15,301 Total prepayments $ 577,375 $ 687,648 (1) Prepaid service fee was paid to Guoxin Star Network Co., Ltd (“Guoxin”) by our VIE, King Eagle (Tianjin). It represents prepayments for operation fee and the usage of the Smart Kiosk which are still under construction and development. Both parties are entitled to exercise the Force Majeure Clause of the contract signed between both parties. As such, this prepaid service fee may or may not be recoverable. Nevertheless, an impairment of this prepayment is not necessary because both parties have expressed the intention to progress with the construction of the Smart Kiosks, and thereafter, with the operation of the same as soon as the circumstances allow. (2) As of December 31, 2021, and September 30, 2021, the Company had prepared the supplies of $ 109,996 78,248 (3) As of December 31, 2021, the ending balance of prepaid professional services included a prepayment $ 20,095 10,211 138,367 10,341

OTHER RECEIVABLES (Tables)

OTHER RECEIVABLES (Tables)	3 Months Ended
	Dec. 31, 2021
Other Receivables
SCHEDULE OF OTHER RECEIVABLES	Other receivables included the following: SCHEDULE OF OTHER RECEIVABLES December 31, September 30, 2021 2021 Rental deposits $ 90,722 $ 93,583 Advance to employees 61,269 30,241 Others 69 - Total other receivables, net $ 152,060 $ 123,824

PROPERTY AND EQUIPMENT, NET (Ta

PROPERTY AND EQUIPMENT, NET (Tables)	3 Months Ended
	Dec. 31, 2021
Property, Plant and Equipment [Abstract]
SCHEDULE OF PROPERTY AND EQUIPMENT	Property and equipment consisted of the following: SCHEDULE OF PROPERTY AND EQUIPMENT December 31, September 30, 2021 2021 Leasehold improvements $ 29,510 $ 29,886 Furniture and fixtures 9,414 9,534 Computer equipment 43,707 43,452 Office equipment 1,613 1,633 Computer software 18,327 11,971 Subtotal 102,571 96,476 Less: accumulated depreciation (36,673 ) (27,751 ) Total property and equipment, net $ 65,898 $ 68,725

INTANGIBLE ASSETS (Tables)

INTANGIBLE ASSETS (Tables)	3 Months Ended
	Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
SCHEDULE OF INTANGIBLE ASSET	SCHEDULE OF INTANGIBLE ASSET December 31, September 30, 2021 2021 Trademarks $ 2,669 $ 2,703 Subtotal 2,669 2,703 Less: accumulated amortization (200 ) (135 ) Total intangible assets, net $ 2,469 $ 2,568

DEFERRED REVENUE (Tables)

DEFERRED REVENUE (Tables)	3 Months Ended
	Dec. 31, 2021
Revenue Recognition and Deferred Revenue [Abstract]
SCHEDULE OF DEFERRED REVENUE	SCHEDULE OF DEFERRED REVENUE December 31, September 30, 2021 2021 Advance payments from customers $ 3,006,489 $ 3,122,705 Total deferred revenue $ 3,006,489 $ 3,122,705

RELATED PARTY BALANCES AND TR_2

RELATED PARTY BALANCES AND TRANSACTIONS (Tables)	3 Months Ended
	Dec. 31, 2021
Related Party Transactions [Abstract]
SCHEDULE OF AMOUNTS DUE TO RELATED PARTIES	Amounts due to related parties consisted of the following: SCHEDULE OF AMOUNTS DUE TO RELATED PARTIES December 31, September 30, Name of related party Relationship Nature of transactions 2021 2021 Mr. Yihe Pang Director Payments made to the lessors on behalf of King Eagle (China). The balance was paid off in December 2021. $ - $ 39,629 Ms. Xiujin Wang One of the shareholders of King Eagle (Tianjin) Operational support to King Eagle (Tianjin) to meet its working capital requirement. 765,858 - Total $ 765,858 $ 39,629

INCOME TAXES (Tables)

INCOME TAXES (Tables)	3 Months Ended
	Dec. 31, 2021
Income Tax Disclosure [Abstract]
SCHEDULE OF COMPONENTS OF INCOME TAX EXPENSE BENEFIT	Income tax expense was comprised of the following: SCHEDULE OF COMPONENTS OF INCOME TAX EXPENSE BENEFIT 2021 2020 For the three months ended December 31 2021 2020 Current $ $ Federal - - State - - Foreign - - Total current - - Deferred Federal - - State - - Foreign - - Total deferred - - Total income tax expense $ - $ -
SCHEDULE OF RECONCILIATION OF PROVISION OF INCOME TAX	A reconciliation between the Company’s actual provision for income taxes and the provision at the statutory rate is as follow: SCHEDULE OF RECONCILIATION OF PROVISION OF INCOME TAX 2021 2020 For the three months ended December 31, 2021 2020 Income (loss) before income tax expense $ 337,858 $ (370,718 ) Computed tax expense (benefit) with statutory tax rate 21.0 % 25.0 % Impact of different tax rates in other jurisdictions 4.6 % 0.0 % Tax effect of non-deductible expenses 0.5 % (0.8 )% Change in valuation allowance (26.1 )% (24.2 )% Effective tax rate 0.0 % 0.0 %

RIGHT-OF-USE ASSETS AND LEASE (

RIGHT-OF-USE ASSETS AND LEASE (Tables)	3 Months Ended
	Dec. 31, 2021
Right-of-use Assets And Lease
SUMMARY OF OPERATING LEASE ASSETS AND LIABILITIES	The following table provides a summary of leases as of December 31, 2021, and September 30, 3021: SUMMARY OF OPERATING LEASE ASSETS AND LIABILITIES Assets/liabilities Classification December 31, September 30, Assets Operating lease right-of-use assets Operating lease assets $ 196,366 $ 282,466 Liabilities Current Operating lease liabilities - current Current operating lease liabilities $ 159,426 $ 229,337 Long-term Operating lease liabilities – net of current portion Long-term operating lease liabilities $ 36,940 $ 53,129 Total lease liabilities $ 196,366 $ 282,466
SUMMARY OF OPERATING LEASE EXPENSE	The operating lease expense for the three months ended December 31, 2021 and 2020 was as follows: SUMMARY OF OPERATING LEASE EXPENSE For the three months ended December 31, Lease Cost Classification 2021 2020 Operating lease cost General and administrative $ 80,915 $ 86,483 Total lease cost $ 80,915 $ 86,483
SCHEDULE OF MATURITY OF OPERATING LEASE LIABILITIES	Maturities of operating lease liabilities as of December 31, 2021 were as follow: SCHEDULE OF MATURITY OF OPERATING LEASE LIABILITIES Maturity of Lease Liabilities Operating Leases 2022 (remaining) $ 147,931 2023 53,610 Thereafter - Total lease payments $ 201,541 Less: interest (5,175 ) Present value of lease payments $ 196,366
SCHEDULE OF OPERATING LEASES	Supplemental information related to operating leases was as follows: SCHEDULE OF OPERATING LEASES 2021 2020 For the three months ended December 31, 2021 2020 Cash paid for amounts included in the measurement of lease liabilities $ 85,604 $ 69,520 New operating lease assets obtained in exchange for operating lease liabilities $ - $ - Weighted average remaining lease term 0.95 1.4 Weighted average discount rate 4.75 % 4.75 %

DESCRIPTION OF THE BUSINESS A_2

DESCRIPTION OF THE BUSINESS AND ORGANIZATION (Details Narrative) $ / shares in Units, ¥ in Millions, $ in Millions

Aug. 10, 2021USD ($)

Jun. 21, 2021

May 17, 2021shares

May 03, 2021

Apr. 20, 2021

Nov. 02, 2020USD ($)

Nov. 02, 2020CNY (¥)

Sep. 02, 2020USD ($)

Sep. 02, 2020CNY (¥)

Mar. 20, 2019USD ($)

Mar. 20, 2019CNY (¥)

Dec. 31, 2021$ / sharesshares

Sep. 30, 2021$ / sharesshares

Sep. 09, 2021$ / sharesshares

Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]

Common stock, shares issued

40,000,000

40,000,000

Common stock, shares outstanding

40,000,000

40,000,000

Common stock, shares authorized

200,000,000

200,000,000

210,000,000

Common stock par value | $ / shares

$ 0.0001

$ 0.0001

$ 0.0001

Preferred stock, shares authorized

10,000,000

10,000,000

Preferred stock par value | $ / shares

$ 0.0001

$ 0.0001

$ 0.0001

Kun Peng International Holding Limited [Member]

Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]

Ownership percentage

92.00%

Guoxin Zhengye [Member]

Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]

Ownership percentage

8.00%

Wenhai Xia [Member]

Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]

Number of shares cancelled

15,535,309

KP International [Member]

Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]

Stock issuance in reverse merger

34,158,391

Kun Peng International Holding Limited [Member]

Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]

Foreign currency translation, cash consideration, description

cash consideration of $0.129 (HK$1) on May 3, 2021.

Kunpeng China Industrial Development Company Limited [Member]

Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]

Share capital, description

The share capital of KP Industrial is 10,000 ordinary shares at $1,292 (HKD10,000) and was wholly owned by an individual.

Kun Peng Hong Kong Industrial Development Limited [Member]

Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]

Share capital, description

The share capital of this entity upon formation is $0.13 (HK$1).

King Eagle China [Member]

Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]

Registered capital

$ 15

¥ 100

King Eagle China [Member] | Kun Peng International Holding Limited [Member]

Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]

Transferred percentage

7.00%

King Eagle China [Member] | Guoxin Zhengye [Member]

Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]

Transferred percentage

8.00%

Guoxin Ruilian Group Co Ltd [Member]

Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]

Transferred amount

$ 2.2

¥ 15

Transferred percentage

15.00%

15.00%

King Eagle Tianjin [Member].

Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]

Registered capital

$ 1.5

¥ 10

Ownership percentage, description

It is owned by multiple individuals: (i) Chengyuan Li, 40.5%, (ii) Xiujin Wang, 10.5%, (iii) Jinjing Zhang, 6%,(iv) Wanfeng Hu, 6%, (v) Cuilian Liu, 6%. (vi) Zhizhong Wang. 6%. (vii) Zhandong Fan, 5%, (viii) Yanlu Li, 5%, (ix) Yuanyuan Zhang, 5%, (x_) Xiangyi Mao, 5%, and (xi) Hui Teng, 5%).

It is owned by multiple individuals: (i) Chengyuan Li, 40.5%, (ii) Xiujin Wang, 10.5%, (iii) Jinjing Zhang, 6%,(iv) Wanfeng Hu, 6%, (v) Cuilian Liu, 6%. (vi) Zhizhong Wang. 6%. (vii) Zhandong Fan, 5%, (viii) Yanlu Li, 5%, (ix) Yuanyuan Zhang, 5%, (x_) Xiangyi Mao, 5%, and (xi) Hui Teng, 5%).

It is owned by multiple individuals: (i) Chengyuan Li, 40.5%, (ii) Xiujin Wang, 10.5%, (iii) Jinjing Zhang, 6%,(iv) Wanfeng Hu, 6%, (v) Cuilian Liu, 6%. (vi) Zhizhong Wang. 6%. (vii) Zhandong Fan, 5%, (viii) Yanlu Li, 5%, (ix) Yuanyuan Zhang, 5%, (x) Xiangyi Mao, 5%, and (xi) Hui Teng, 5%).

Kun Peng Tian Yu Health Technology [Member]

Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]

Registered capital | $

$ 5

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) - USD ($)	3 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Property, Plant and Equipment [Line Items]
Net cash provided by used in operating activities	$ 679,690	$ (3,428)
Net income loss	337,858	(370,718)
Working capital	1,895,085
Advance from shareholders	800,000
Revenues		$ 1,400,000
Revenue percentage		755.20%
Minimum [Member]
Property, Plant and Equipment [Line Items]
Revenues		$ 200,000
Maximum [Member]
Property, Plant and Equipment [Line Items]
Revenues	$ 1,600,000

SCHEDULE OF VIE_S ASSETS AND LI

SCHEDULE OF VIE’S ASSETS AND LIABILITIES INCLUDED IN THE CONSOLIDATED BALANCE SHEETS (Details) - USD ($)	3 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Sep. 30, 2021
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Current assets	$ 3,416,783		$ 2,871,157
Noncurrent assets	264,733		353,759
Total assets	3,681,516		3,224,916
Total liabilities	5,348,808		5,243,070
Trade and other payable	1,054,460		1,430,576
Amount due to a related party	765,858		39,629
Deferred revenue	3,006,489		3,122,705
Payroll payable	90,941		105,923
Tax payable	234,694		261,771
Operating lease obligations-current portion	159,426		229,337
Total current liabilities	5,311,868		5,189,941
Operating lease obligations, net of current portion	36,940		53,129
Total noncurrent liabilities	36,940		53,129
Revenue		$ 1,400,000
Gross profit	3,960,199	452,111
Other income	25,013	53
Net income (loss)	306,816	(315,110)
Variable Interest Entity, Primary Beneficiary [Member]
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Current assets	4,521,676		3,712,560
Noncurrent assets	118,873		145,935
Total assets	4,640,549		3,858,495
Total liabilities	4,851,924		4,525,808
Net liabilities	(211,375)		(667,313)
Trade and other payable	728,027		1,024,064
Amount due to a related party	765,858
Deferred revenue	3,006,489		3,122,705
Payroll payable	6,880		14,802
Tax payable	225,797		218,301
Operating lease obligations-current portion	81,933		92,807
Total current liabilities	4,814,984		4,472,679
Total noncurrent liabilities
Operating lease obligations, net of current portion	36,940		53,129
Total noncurrent liabilities	36,940		$ 53,129
Revenue	4,669,408	545,961
Gross profit	3,962,730	452,112
Loss from operations	437,856	(180,564)
Other income	19,034	21
Net income (loss)	$ 456,890	$ (180,543)

VARIABLE INTEREST ENTITIES _V_3

VARIABLE INTEREST ENTITIES “VIE” ARRANGEMENTS (Details Narrative) ¥ in Millions, $ in Millions	Sep. 02, 2020USD ($)	Sep. 02, 2020CNY (¥)	Dec. 31, 2021	May 15, 2021
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Effective, percentage			100.00%
Consulting Service Agreement [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Agreement valid term				10 years
King Eagle Tianjin [Member].
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Registered capital	$ 1.5	¥ 10
Ownership percentage description	It is owned by multiple individuals: (i) Chengyuan Li, 40.5%, (ii) Xiujin Wang, 10.5%, (iii) Jinjing Zhang, 6%,(iv) Wanfeng Hu, 6%, (v) Cuilian Liu, 6%. (vi) Zhizhong Wang. 6%. (vii) Zhandong Fan, 5%, (viii) Yanlu Li, 5%, (ix) Yuanyuan Zhang, 5%, (x_) Xiangyi Mao, 5%, and (xi) Hui Teng, 5%).	It is owned by multiple individuals: (i) Chengyuan Li, 40.5%, (ii) Xiujin Wang, 10.5%, (iii) Jinjing Zhang, 6%,(iv) Wanfeng Hu, 6%, (v) Cuilian Liu, 6%. (vi) Zhizhong Wang. 6%. (vii) Zhandong Fan, 5%, (viii) Yanlu Li, 5%, (ix) Yuanyuan Zhang, 5%, (x_) Xiangyi Mao, 5%, and (xi) Hui Teng, 5%).	It is owned by multiple individuals: (i) Chengyuan Li, 40.5%, (ii) Xiujin Wang, 10.5%, (iii) Jinjing Zhang, 6%,(iv) Wanfeng Hu, 6%, (v) Cuilian Liu, 6%. (vi) Zhizhong Wang. 6%. (vii) Zhandong Fan, 5%, (viii) Yanlu Li, 5%, (ix) Yuanyuan Zhang, 5%, (x) Xiangyi Mao, 5%, and (xi) Hui Teng, 5%).

SCHEDULE OF PREPAYMENTS (Detail

SCHEDULE OF PREPAYMENTS (Details) - USD ($)		Dec. 31, 2021	Sep. 30, 2021
Advance And Prepayments
Prepaid Service Fee	[1]	$ 344,636	$ 349,019
Prepaid rent and building management and utilities		80,092	85,474
Prepaid Supplies	[2]	109,996	78,248
Prepaid system maintenance services		3,434	5,209
Prepaid income tax		5,617	5,689
[custom:PrepaidProfessionalServices-0]	[3]	30,306	148,708
Prepaid others		3,294	15,301
Total prepayments		$ 577,375	$ 687,648
[1]	Prepaid service fee was paid to Guoxin Star Network Co., Ltd (“Guoxin”) by our VIE, King Eagle (Tianjin). It represents prepayments for operation fee and the usage of the Smart Kiosk which are still under construction and development. Both parties are entitled to exercise the Force Majeure Clause of the contract signed between both parties. As such, this prepaid service fee may or may not be recoverable. Nevertheless, an impairment of this prepayment is not necessary because both parties have expressed the intention to progress with the construction of the Smart Kiosks, and thereafter, with the operation of the same as soon as the circumstances allow.
[2]	As of December 31, 2021, and September 30, 2021, the Company had prepared the supplies of $ 109,996 78,248
[3]	As of December 31, 2021, the ending balance of prepaid professional services included a prepayment $ 20,095 10,211 138,367 10,341

SCHEDULE OF PREPAYMENTS (Deta_2

SCHEDULE OF PREPAYMENTS (Details) (Parenthetical) - USD ($)	Dec. 31, 2021	Dec. 31, 2021	Sep. 30, 2021
Advance And Prepayments
Prepaid supplies	$ 109,996	$ 109,996	$ 78,248
Payments in advance	$ 20,095	138,367
Legal fee		10,211
Legal fees monthly		$ 10,341

SCHEDULE OF OTHER RECEIVABLES (

SCHEDULE OF OTHER RECEIVABLES (Details) - USD ($)	Dec. 31, 2021	Sep. 30, 2021
Other Receivables
Rental deposits	$ 90,722	$ 93,583
Advance to employees	61,269	30,241
Others	69
Total other receivables, net	$ 152,060	$ 123,824

SCHEDULE OF PROPERTY AND EQUIPM

SCHEDULE OF PROPERTY AND EQUIPMENT (Details) - USD ($)	Dec. 31, 2021	Sep. 30, 2021
Property, Plant and Equipment [Line Items]
Subtotal	$ 102,571	$ 96,476
Less: accumulated depreciation	(36,673)	(27,751)
Total property and equipment, net	65,898	68,725
Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Computer software	29,510	29,886
Furniture and Fixtures [Member]
Property, Plant and Equipment [Line Items]
Computer software	9,414	9,534
Computer Equipment [Member]
Property, Plant and Equipment [Line Items]
Computer software	43,707	43,452
Office Equipment [Member]
Property, Plant and Equipment [Line Items]
Computer software	1,613	1,633
Computer Software, Intangible Asset [Member]
Property, Plant and Equipment [Line Items]
Computer software	$ 18,327	$ 11,971

PROPERTY AND EQUIPMENT, NET (De

PROPERTY AND EQUIPMENT, NET (Details Narrative) - USD ($)	3 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Property, Plant and Equipment [Abstract]
Depreciation expense	$ 9,464	$ 5,473

SCHEDULE OF INTANGIBLE ASSET (D

SCHEDULE OF INTANGIBLE ASSET (Details) - USD ($)	Dec. 31, 2021	Sep. 30, 2021
Indefinite-lived Intangible Assets [Line Items]
Subtotal	$ 2,669	$ 2,703
Less: accumulated amortization	(200)	(135)
Total intangible assets, net	2,469	2,568
Trademarks [Member]
Indefinite-lived Intangible Assets [Line Items]
Subtotal	$ 2,669	$ 2,703

INTANGIBLE ASSETS (Details Narr

INTANGIBLE ASSETS (Details Narrative) - USD ($)	3 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible assets useful life	10 years
Amortization of intangible assets	$ 68

SCHEDULE OF DEFERRED REVENUE (D

SCHEDULE OF DEFERRED REVENUE (Details) - USD ($)	Dec. 31, 2021	Sep. 30, 2021
Revenue Recognition and Deferred Revenue [Abstract]
Advance payments from customers	$ 3,006,489	$ 3,122,705
Total deferred revenue	$ 3,006,489	$ 3,122,705

DEFERRED REVENUE (Details Narra

DEFERRED REVENUE (Details Narrative) - USD ($)	Dec. 31, 2021	Sep. 30, 2021
Revenue Recognition and Deferred Revenue [Abstract]
Deferred revenue	$ 3,006,489	$ 3,122,705

SCHEDULE OF AMOUNTS DUE TO RELA

SCHEDULE OF AMOUNTS DUE TO RELATED PARTIES (Details) - USD ($)	3 Months Ended
	Dec. 31, 2021	Sep. 30, 2021
Related Party Transaction [Line Items]
Total	$ 765,858	$ 39,629
Mr Yihe Pang [Member]
Related Party Transaction [Line Items]
Relationship	Director
Nature of transactions	Payments made to the lessors on behalf of King Eagle (China). The balance was paid off in December 2021.
Total		39,629
Ms Xiujin Wang [Member]
Related Party Transaction [Line Items]
Relationship	One of the shareholders of King Eagle (Tianjin)
Nature of transactions	Operational support to King Eagle (Tianjin) to meet its working capital requirement.
Total	$ 765,858

EQUITY (Details Narrative)

EQUITY (Details Narrative) - USD ($)	May 17, 2021	Dec. 31, 2021	Sep. 30, 2021	Sep. 09, 2021
Defined Benefit Plan Disclosure [Line Items]
Common stock, shares authorized		200,000,000	200,000,000	210,000,000
Common stock, par value		$ 0.0001	$ 0.0001	$ 0.0001
Preferred stock, shares authorized		10,000,000	10,000,000
Preferred stock par value		$ 0.0001	$ 0.0001	$ 0.0001
Preferred stock, shares issued		0	0
Preferred stock, shares outstanding		0	0
Common stock, shares issued		40,000,000	40,000,000
Common stock, shares outstanding		40,000,000	40,000,000
Newly issued shares	34,158,391
Cancel of shares	15,535,309
Restricted net assets tax profits		10.00%
Registered capital percentage		50.00%
King Eagle China [Member]
Defined Benefit Plan Disclosure [Line Items]
Negative net asset		$ 1,094,230	$ 1,039,840
King Eagle Tianjin [Member].
Defined Benefit Plan Disclosure [Line Items]
Negative net asset		211,374	667,313
KP Tian Yu [Member]
Defined Benefit Plan Disclosure [Line Items]
Negative net asset

SCHEDULE OF COMPONENTS OF INCOM

SCHEDULE OF COMPONENTS OF INCOME TAX EXPENSE BENEFIT (Details) - USD ($)	3 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Income Tax Disclosure [Abstract]
Federal
State
Foreign
Total current
Federal
State
Foreign
Total deferred
Total income tax expense

SCHEDULE OF RECONCILIATION OF P

SCHEDULE OF RECONCILIATION OF PROVISION OF INCOME TAX (Details) - USD ($)	3 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Income Tax Disclosure [Abstract]
Income (loss) before income tax expense	$ 337,858	$ (370,718)
Computed tax expense (benefit) with statutory tax rate	21.00%	25.00%
Impact of different tax rates in other jurisdictions	4.60%	0.00%
Tax effect of non-deductible expenses	0.50%	(0.80%)
Change in valuation allowance	(26.10%)	(24.20%)
Effective tax rate	0.00%	0.00%

INCOME TAXES (Details Narrative

INCOME TAXES (Details Narrative) $ in Thousands, $ in Millions	3 Months Ended
	Dec. 31, 2021USD ($)	Dec. 31, 2021HKD ($)	Dec. 31, 2020
Operating Loss Carryforwards [Line Items]
Percentage of statutory income tax rate	21.00%	21.00%	25.00%
Effective tax rate	0.00%	0.00%	0.00%
PRC [Member]
Operating Loss Carryforwards [Line Items]
Percentage of statutory income tax rate	25.00%	25.00%
PRC [Member] | VIE [Member]
Operating Loss Carryforwards [Line Items]
Percentage of statutory income tax rate	25.00%	25.00%
HK [Member]
Operating Loss Carryforwards [Line Items]
Amount of profits tax rate	$ 260
Effective tax rate	16.50%	16.50%
HKD [Member]
Operating Loss Carryforwards [Line Items]
Amount of profits tax rate		$ 2
Percentage of statutory income tax rate	8.25%	8.25%

SUMMARY OF OPERATING LEASE ASSE

SUMMARY OF OPERATING LEASE ASSETS AND LIABILITIES (Details) - USD ($)	Dec. 31, 2021	Sep. 30, 2021
Right-of-use Assets And Lease
Operating lease right-of-use-assets	$ 196,366	$ 282,466
Operating lease, liability, current	159,426	229,337
Operating lease liability -net of current portion	36,940	53,129
Total lease liabilities	$ 196,366	$ 282,466

SUMMARY OF OPERATING LEASE EXPE

SUMMARY OF OPERATING LEASE EXPENSE (Details) - USD ($)	3 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Right-of-use Assets And Lease
Operating lease cost	$ 80,915	$ 86,483
Total lease cost	$ 80,915	$ 86,483

SCHEDULE OF MATURITY OF OPERATI

SCHEDULE OF MATURITY OF OPERATING LEASE LIABILITIES (Details) - USD ($)	Dec. 31, 2021	Sep. 30, 2021
Right-of-use Assets And Lease
2022 (remaining)	$ 147,931
2023	53,610
Thereafter
Total lease payments	201,541
Less: interest	(5,175)
Present value of lease payments	$ 196,366	$ 282,466

SCHEDULE OF OPERATING LEASES (D

SCHEDULE OF OPERATING LEASES (Details) - USD ($)	3 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Right-of-use Assets And Lease
Cash paid for amounts included in the measurement of lease liabilities	$ 85,604	$ 69,520
New operating lease assets obtained in exchange for operating lease liabilities
Weighted average remaining lease term	11 months 12 days	1 year 4 months 24 days
Weighted average discount rate	4.75%	4.75%

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Details Narrative) - Tianjin [Member] $ in Thousands	3 Months Ended
	Dec. 31, 2021USD ($)	Dec. 31, 2021CNY (¥)	Apr. 30, 2021USD ($)	Apr. 30, 2021CNY (¥)
Defined Benefit Plan Disclosure [Line Items]
Franchised operation	5 years
Franchise fee payable	$ 1,140	¥ 7,500,000	$ 340	¥ 2,250,000
Remaining balance of franchise fee payable	$ 800	¥ 250,000