U.S. SECURITIES AND
EXCHANGE COMMISSION

 Washington, D.C. 20549

 FORM 10-K

 (Mark One)

 x ANNUAL
REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

 For the year ended December 31, 2024

 TRANSITION
REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

 For the transition period
from ____ to____

 Commission File Number:
000-26119

 KUBER RESOURCES CORPORATION

 (Exact name of registrant as specified in its
charter)

 Nevada

 87-0629754

 (State of Incorporation)

 (IRS Employer Identification No.)

 1113, Lippo Centre Tower 2, 89 Queensway, Admiralty,
Hong Kong

 (Address of registrant's principal
executive offices)

 Registrant's telephone number, including
area code: +852 3703-6155

 Securities registered under Section 12(b) of the
Act: None

 Securities registered under Section 12(g) of the
Act:

 Common Stock, $0.001 par value

 KUBR

 N/A

 Title of each class

 Ticker Symbol

 Name of each exchange on which registered

 Indicate by check mark if the registrant is a
well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes
No x

 Indicate by check mark if the registrant is not
required to file reports pursuant to Section 13 or Section 15(d) of the Act Yes
No x

(1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding
12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such
filing requirements for the past 90 days. Yes x No

has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405
of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).
Yes x No

 Indicate by check mark if disclosure of delinquent
filers pursuant to Item 405 of Regulation S-K is not contained herein, and will not be contained, to the best of registrant's
knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment
to this Form 10-K.

is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of "large
accelerated filer," "accelerated filer" and "smaller reporting company" in Rule 12b-2 of the Exchange
Act. (Check one):

 Large accelerated filer

 Non-accelerated filer

 x

 Accelerated filer

 Smaller reporting company

 x

 Emerging growth company

 x

 If an emerging growth company, indicate by check
mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting
standards provided pursuant to Section 13(a) of the Exchange Act.

has filed a report on and attestation to its management's assessment of the effectiveness of its internal control over financial
reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared or
issued its audit report.

 If securities are registered pursuant to Section 12(b) of the Act,
indicate by check mark whether the financial statements of the registrant included in the filing reflect the correction of an error to
previously issued financial statements.

is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes
No x

 As of June 30, 2024 (last business day of the
registrant's most recently completed second fiscal quarter), based upon the last reported trade on that date ($4.80), the aggregate
market value of the voting and non-voting common equity held by non-affiliates (for this purpose, all outstanding and issued common stock
minus stock held by the officers, directors and known holders of 10% or more of the Company's common stock) was $270,976,291.

 As of April 14, 2025
the registrant had 157,556,763 shares of the issuer's common stock, $0.001 par value outstanding.

 EXPLANATORY NOTE

 As used in this Annual
Report, the terms "we," "us," "our," and words of like import, and the "Company" refer
to Kuber Resources Corporation and all of our subsidiaries unless the context otherwise indicates or the context otherwise requires.

 FORWARD-LOOKING STATEMENTS

 This Annual Report on
Form 10-K contains certain forward-looking statements (as such term is defined in Section 27A of the Securities Act of 1933, as amended
(the "Securities Act") and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act")).
The statements herein, which are not historical facts, reflect our current expectations and projections about the Company's future
results, performance, liquidity, financial condition, prospects and opportunities and are based upon information currently available to
us and our management and our interpretation of what we believe to be significant factors affecting our business, including many assumptions
about future events. Such forward-looking statements include statements regarding, among other things:

 our ability to deliver, market and generate sales of our import services;

 our ability to develop and/or introduce new import services;

 our projected revenues, profitability and other financial metrics;

 our future financing plans;

 our anticipated needs for working capital;

 the anticipated trends in our industry;

 our ability to expand our sales and marketing capability;

 acquisitions of other companies or assets that we might undertake in the future;

 competition existing today or that will likely arise in the future; and

 other factors discussed elsewhere herein.

 Forward-looking statements,
which involve assumptions and describe our plans, strategies, and expectations, are generally identifiable by use of the words "may,"
"should," "will," "plan," "could," "target," "contemplate," "predict,"
"potential," "continue," "expect," "anticipate," "estimate," "believe,"
"intend," "seek," or "project" or the negative of these words or other variations on these or similar
words. Actual results, performance, liquidity, financial condition and results of operations, prospects and opportunities could differ
materially from those expressed in, or implied by, these forward-looking statements because of various risks, uncertainties and other
factors, including the ability to raise sufficient capital to continue the Company's operations. These statements may be found under
Part II, Item 7 "Management's Discussion and Analysis of Financial Condition and Results of Operations," as well as
elsewhere in this Annual Report on Form 10-K generally. Actual events or results may differ materially from those discussed in forward-looking
statements as a result of various factors, including, without limitation, matters described in this Annual Report on Form 10-K.

 In light of these risks
and uncertainties, there can be no assurance that the forward-looking statements contained in this Annual Report on Form 10-K will in
fact occur.

 Potential investors should
not place undue reliance on any forward-looking statements. Except as expressly required by the federal securities laws, there is no undertaking
to publicly update or revise any forward-looking statements, whether as a result of new information, future events, changed circumstances
or any other reason. Potential investors should not make an investment decision based solely on our projections, estimates or expectations.

 The forward-looking statements
in this Annual Report on Form 10-K represent our views as of the date of this Annual Report on Form 10-K. Such statements are presented
only as some guide about future possibilities and do not represent assured events, and we anticipate that subsequent events and developments
will cause our views to change. You should, therefore, not rely on these forward-looking statements as representing our views as of any
date after the date of this Annual Report on Form 10-K.

 This Annual Report on
Form 10-K also contains estimates and other statistical data prepared by independent parties and by us relating to market size and growth
and other data about our industry. These estimates and data involve a number of assumptions and limitations, and potential investors are
cautioned not to give undue weight to these estimates and data. We have not independently verified the statistical and other industry
data generated by independent parties and contained in this Annual Report on Form 10-K. In addition, projections, assumptions and estimates
of our future performance and the future performance of the industries in which we operate are necessarily subject to a high degree of
uncertainty and risk.

 Except as required by
law, we assume no obligation to update any forward-looking statements publicly, or to update the reasons actual results differing materially
from those anticipated based on any forward-looking statements, even if new information becomes available in the future. Depending on
the market for our stock and other conditional tests, a specific safe harbor under the Private Securities Litigation Reform Act of 1995
may be available to us. Notwithstanding the above, because Section 27A of the Securities Act and Section 21E of the Exchange Act expressly
state that the safe harbor for forward-looking statements does not apply to companies that issue penny stock, the safe harbor for forward-looking
statements may not be available to us at certain times as we may be considered to be an issuer of penny stock.

 Item 1.

 Business

 Item 1A.

 Risk Factors

 Item 1B.

 Unresolved Staff Comments

 Item 1C.

 Cybersecurity

 Item 2.

 Properties

 Item 3.

 Legal Proceedings

 Item 4.

 Mine Safety Disclosures

 Item 5.

 Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities

 Item 6.

 Selected Financial Data

 Item 7.

 Management's Discussion and Analysis of Financial Condition and Results of Operations

 Item 7A.

 Quantitative and Qualitative Disclosures About Market Risk

 Item 8.

 Financial Statements and Supplementary Data

 Item 9.

 Changes in and Disagreements With Accountants on Accounting and Financial Disclosure

 Item 9A.

 Controls and Procedures

 Item 9B.

 Other Information

 Item 9C.

 Disclosure Regarding Foreign Jurisdictions that Prevent Inspections

 Item 10.

 Directors, Executive Officers and Corporate Governance

 Item 11.

 Executive Compensation

 Item 12.

 Security Ownership of Certain Beneficial Owners and Management and Related Stockholders Matters

 Item 13.

 Certain Relationships and Related transactions, and Director Independence

 Item 14.

 Principal Accounting Fees and Services

 Item 15.

 Exhibits, Financial Statement Schedules

 Signatures

 ITEM 1. BUSINESS

 History of Our Company

 We were incorporated in the State of Nevada on
January 29, 1998 under the name Weston International Development Corporation to conduct any lawful business, to exercise any lawful purpose
and power, and to engage in any lawful act or activity for which corporations may be organized under the General Corporation Laws of Nevada.
On July 28, 1998, its name was changed to Txon International Development Corporation.

 On August 14, 2000, pursuant to a share exchange
agreement dated August 10, 2000, by and among Main Edge International Limited ("Main Edge"), Virtual Edge Limited ("Virtual
Edge"), Richard Ford, Jeanie Hildebrand and Gary Lewis, we acquired from Main Edge all of the shares of Virtual Edge (the "Acquisition")
in exchange for an aggregate of 1,961,175 shares of our common stock, which shares equaled 75.16% of Txon International's issued
and outstanding shares after giving effect to the Acquisition. On September 15, 2000, Txon International Development Corporation changed
its name to China World Trade Corporation ("CWTD").

 On March 28, 2008, CWTD entered into a Share Exchange
Agreement (the "Exchange Agreement") by and among CWTD, William Tsang ("Tsang"), Uonlive Limited, a corporation
organized and existing under the laws of the Hong Kong SAR of the People's Republic of China ("Uonlive"), Tsun Sin Man
Samuel, Chairman of Uonlive ("Tsun"), Hui Chi Kit, Chief Financial Officer of Uonlive ("Hui"), Parure Capital
Limited, a corporation organized and existing under the laws of the British Virgin Islands and parent of Uonlive ("Parure Capital"). Upon
closing of the share exchange transaction contemplated under the Exchange Agreement, Tsun and Hui transferred all of their share capital
in Parure Capital to CWTD in exchange for an aggregate of 150,000,000 shares of common stock of the Registrant and 500,000 shares of Series
A Convertible Preferred Stock of the Registrant, which is convertible after six months from the date of issuance into 100 shares of common
stock of the Registrant, thus causing Parure Capital to become a direct wholly-owned subsidiary of the Registrant.

 On July 2, 2008, the proposal to amend the articles
of incorporation to change the name of the corporation to Uonlive Corporation was approved by the action of a majority of all shareholders
entitled to vote on the record date and by CWTD's Board of Directors. CWTD desired to change its name to truly reflect its new business
as a holding company for Uonlive Limited, and possibly other companies that may be acquired in the future by the company (the "Company"
or "Uonlive").

 On May 15, 2009, the Company approved the 1 for
100 reverse split of its common stock.

 The Company initially ceased operations in early
2015. The Company has fully impaired all assets since the shutdown of its operations in 2015 and recorded the effects of this impairment
as part of its discontinued operations.

 On May 2, 2017, Parure Capital was struck off
the BVI Register of Companies for non-payment of annual fees. Therefore, Parure Capital was no longer a subsidiary of the Company.

 On June 15, 2018, the Eighth Judicial District
Court of Nevada appointed Small Cap Compliance, LLC ("Custodian") as custodian for Uonlive Corporations., proper notice having
been given to the officers and directors of Uonlive Corporation. There was no opposition.

 On June 20, 2018, the Custodian appointed Rhonda
Keaveney as CEO, Secretary, Treasurer and Director of the Company.

 On August 7, 2018, the Company filed a certificate
of reinstatement with the state of Nevada.

 On September 7, 2018, the Company authorized the
issuance of 1,000,000 shares of Convertible Series B Preferred Stock. Each one Convertible Series B Preferred Stock was entitled to be
converted into 1,000 shares of common stock. Also, each one Convertible Series B Preferred Stock was entitled to 1,000 votes of common
stock. 150,000 shares of Convertible Series B Preferred Stock were issued to Chuang Fu Qu Kuai Lian Technology (Shenzhen) Limited giving
Chuang Fu Qu Kuai Lian Technology (Shenzhen) Limited the voting control of the Company.

 Also on September 7, 2018, Raymond Fu was appointed
as President, Chief Executive Officer, Secretary, Treasurer and member of our Board of Directors of the Company and Rhonda Keaveney resigned
as Chief Executive Officer, Treasurer, Secretary, and member from the Board of Directors.

 On December 6, 2018, the Eighth Judicial District
Court of Nevada discharged Small Cap Compliance, LLC as custodian for Uonlive Corporations.

 On April 10, 2019, pursuant to an Acquisition
Agreement, the Company contracted to acquire 80% of the issued and outstanding capital stock of Truly Organic Limited, a Hong Kong based
company ("Truly Organic"), specializing in organic agriculture certification consulting in South East Asia. However,
Truly Organic was unable to provide financial statements capable of being audited by a PCAOB independent public accountant, as required
in the Acquisition Agreement. Therefore, such acquisition did not close.

 On January 13, 2020, Edwin Lun, the existing secretary
of the Board of Directors resigned. On January 13, 2020, the Board of Directors accepted his resignation. Also on January 13, 2020, (i)
Timothy Chee Yau Lam was appointed and consented to act as the new secretary of the Board of Directors and a member of the Board of Directors
of the Company, (ii) Kwok Fai Thomas Yip was appointed and consented to act as a member of the Board of Directors of the Company, and
(iii) Chi Wai Michael Woo was appointed and consented to act as a member of the Board of Directors of the Company.

 On March 2, 2020, pursuant to a Definitive Share
Exchange Agreement, Uonlive Corporation (the "Company") acquired 100% of the issued and outstanding capital stock of Asia
Image Investing Limited ("Asia Image"), a Hong Kong based company, specializing in trade, distribution, and consulting in
Hong Kong in the tea industry. The Company issued 100,000 shares of common stock, representing 4.8% of the Company's outstanding
shares of common stock, calculated post-issuance in exchange for the 100% issued and outstanding capital stock of Asia Image Investing
Limited.

 Corporate Structure

 On March 2, 2020, the Company entered into a Definitive
Share Agreement whereby Mr. Raymond Fu, the sole shareholder of Asia Image Investment Limited, relinquished all his shares in Asia Image
and acquired 100,000 shares of the Company. Consequently, Asia Image became a wholly-owned subsidiary of the Company.

 On October 27, 2020,
the Company appointed AJSH & Co LLP, (now known as Mercurius & Associates LLP) a PCOAB registered firm as its independent
registered accounting firm who performed the Company's audit for the period ended December 31, 2019 and December 31, 2018.

 AJSH & Co LLP, (now known as Mercurius &
Associates LLP) also performed the audit for Asia Image Investment Limited for the periods ended December 31 2019, and December 31, 2018.

 On November 7, 2022,
the Company purchased from GRL21 Nominee Limited all the shares of Kuber Resources (Hong Kong) Limited for one Hong Kong dollar (HKD1.00).
Accordingly, Kuber Resources (Hong Kong) Limited became a fully-owned subsidiary of the Company as at November 7, 2022. Kuber Resources
(Hong Kong) Limited (previously known as Star Wise Limited) is a company incorporated in Hong Kong on October 21, 2022. It changed its
name to Kuber (Resources (Hong Kong) Limited on 1 November 2022 and concurrently filed its notification of commencement of Business by
Corporation on the same day. It had not traded and/or otherwise operated until after it had been purchased by the Company on November
7, 2022. The purpose of obtaining Kuber Resources (Hong Kong) Limited is to start an additional line of business outside of the international
commodities trade currently undertaken by Asia Image Limited.

 On December 8, 2022, Uonlive Corporation (the
" Company ") filed Articles of Amendment (the " Articles of Amendment ") to its Articles of Incorporation,
as amended, with the Secretary of Nevada to change the Company's corporate name to Kuber Resources Corporation (the " Name
Change "). In connection with the Name Change, the Company's has changed its
ticker symbol from "UOLI" to the new ticker symbol "KUBR" (the "Symbol Change"). There is no change
in the CUSIP number of the Company's common stock in connection with the Name Change and Symbol Change. As previously
reported, the majority of issued and outstanding shares approved the Name Change and Symbol Change on September 15, 2022 by written consent.

 The
Financial Industry Regulatory Authority ("FINRA ") announced the
effectiveness of the Name Change and Symbol Change on December 9, 2022, which became effective in the market and for trading
under the new name and ticker symbol on Monday, December 12, 2022.

 The
Name Change and Symbol Change do not affect the rights of the Company's security holders. The Company's common stock will
continue to be quoted on OTC Markets. Following the Name Change, the stock certificates, which reflect the former name of the Company,
will continue to be valid and need not be exchanged. Any certificates reflecting the Name Change will be issued in due course as old stock
certificates are tendered for exchange or transfer to the Company's transfer agent.

 On December 19, 2022,
Kuber Resources (Hong Kong) Limited entered into an consulting agreement with Wing Yeung Tong Medicine Manufactory Biotech Development
Co., Limited to provide consulting services in Hong Kong.

 On September 18, 2023,
the Company purchased from Zhong Jia Ping and Deng Xiaobo all the shares of Grayscale Investment (Asia) Limited, a Hong Kong company,
for two Hong Kong dollars (HKD2.00). Accordingly, Grayscale Investment (Asia) Limited became a fully-owned subsidiary of the Company as
at September 18, 2023. Grayscale Investment (Asia) Limited had not traded and/or otherwise operated as at the time it had been purchased
by the Company on September 18, 2023. However, Grayscale Investment (Asia) Limited in turn holds all the shares of Grayscale Investment
(Shenzhen) Co Limited, a Shenzhen, China company, which also had not traded and/or otherwise operated. Accordingly, Grayscale Investment
(Shenzhen) Co Limited as at September 18, 2023 also became a fully-owned subsidiary of the Company.

 The purpose of obtaining
Grayscale Investment (Asia) Limited was to start an additional line of business outside of the international commodities trade currently
undertaken by Asia Image Limited and consulting services provided by Kuber Resources (Hong Kong) Limited.

 On October 16, 2023,
Grayscale Investment (Shenzhen) Co Limited entered into an agreement with Shenzhen Junfeng Woodlink Network Technology Co Ltd whereby
Grayscale Investment (Shenzhen) Co Limited would arrange to incorporate a new company in Guangdong, China to operate a wood panel treatment
business.

 On October 17, 2023,
Kuber Resources (Guangdong) Co Limited was incorporated in Guangdong, China and Grayscale Investment (Shenzhen) Co Limited became its
founder and 100% beneficial shareholder. Accordingly, Kuber Resources (Guangdong) Co Limited is a fully-owned subsidiary of the Company
as at October 17, 2023. Kuber Resources (Guangdong) Co Limited's operations are focused on the service and treatment of wood panels.

 On September 25, 2024,
the Company disposed its wholly-owned subsidiary, Asia Image, to a related party for total consideration of cash HKD3,900,000 (approximately
$500,760).

 Acquisition Agreement
with Gongfa Materials (Guangdong) New Materials Technology Co., Limited.

 On September 30, 2024,
the Company and its wholly owned subsidiary, Kuber Resources (Guangdong) Co., Limited ("Kuber Guangdong"), entered into an
Acquisition Agreement with Gongfa Materials Co., Limited ("Gongfa"), a Chinese corporation and manufacturer of engineered
wood products, and its shareholders. Under this agreement, Kuber Guangdong will acquire 100% of Gongfa's issued and outstanding
shares in exchange for shares of the Company's common stock.

 Pursuant to the Acquisition Agreement, the Shareholders
agreed to sell 100% of the issued and outstanding shares of Gongfa to Kuber Guangdong in exchange for the issuance of such number of shares
of Company common stock, par value $0.001 per share (the "Common Share Consideration") which, collectively, shall be equal
to approximately $130 million USD at an agreed upon price per share of $4.80 USD (the "Share Price").

 On October 17, 2024, the Company received an evaluation
and appraisal report from a qualified independent appraisal company of the Gongfa assets as at of September 30, 2024 ("Valuation
Report"). Subsequent to receipt of the Valuation Report, the Company's Board of Directors ("Board") and Gongfa
Shareholders considered and agreed to accept the results of the Valuation Report and further agreed the number of Common Share Consideration
issuable at closing shall be 24,944,381 restricted Common Stock shares which represents approximately 18.81% of the Company's issued
and outstanding common stock immediately after the Closing.

 On January 14, 2025, following the satisfaction
of the closing conditions, the transactions contemplated by the Acquisition Agreement and Exchange Agreement (defined below) closed ("Closing").
As a result of the Closing of both the Acquisition Agreement and Exchange Agreement (Defined Below), Storming Dragon, the Company's
current majority shareholder, controlled by Raymond Fu, owns an aggregate 106,098,329 shares (or 67%) of the Company's outstanding
common stock. As a result of the Closing, Gongfa is now a wholly owned subsidiary of Kuber Guangdong.

 As previously
disclosed, there are no other material relationships between the Company or its affiliates and Gongfa or its affiliates: (i) Li Jiyong,
one of the Company's current directors, is a shareholder of Gongfa, and (ii) the anticipated Exchange Agreement transaction whereby
the Gongfa Shareholders shall become shareholders of Storming Dragon Limited, the Company's majority shareholder, controlled by
its CEO, Raymond Fu.

 Storming Dragon Exchange Agreement

 As previously report, concurrent with the Company's
entry into the Acquisition Agreement, the Shareholders entered into an Equity Exchange Agreement ("Exchange Agreement") with
Storming Dragon Limited, a British Virgin Islands company ("Storming Dragon") pursuant to which the Shareholders agreed that
each of the Shareholders shall become shareholders in Storming Dragon pro-rata to their ownership interest in Gongfa and all Company shares
issuable pursuant to the Acquisition Agreement shall be issued to Storming Dragon. Prior to the Exchange Agreement, the Company's
current President and Chief Executive Officer, Mr. Fu, was 60% owner of Storming Dragon. Upon closing of the Exchange Agreement, Storming
Dragon shall be owned as follows: 7.36% by Shenzhen Fengyong Building Materials Supply Chain Partnership Enterprise (Limited Partnership),
13.49% by Shenzhen Guangfeng High Performance Wood Products Co Limited, 28.14% by Li Jiyong, and 51% by Mr. Raymond Fu. Mr. Fu is currently
and shall continue serving and as the sole director and controlling shareholder of Storming Dragon.

 Business Overview

 We operate as a holding company through our subsidiaries.
Our main business as of late 2023 involves the treatment of flame retardant wood panels through a patented process which we license from
Shenzhen Junfeng Woodlink Network Technology Co Ltd. Our secondary business is operating as an international trading platform with its
main source of operations as a middle buyer of commodities and selling them to end buyers.

 We have experience in the China market and can
leverage off that experience to bring together the various traditional products with customers using e-distribution channels. Our revenue
streams are generated from the sale of such products and services throughout China.

 We are expanding our business model by connecting
traditional products through e-channels and using technological innovation as a driving force to connect end users to increase sales.
The company intends to continuously expand the market share in the various products that it is involved in. It is committed to growing
into one of the larger market players in the sphere.

 We seek to grow our business by pursing the following
strategies:

 •
 Increasing our customer base by using various e-distribution channels

 •
 offering high quality traditional products for repeat business

 •
 Expanding our lead generation services enabling the business to better engage their customers

 •
 Building our own custom e-channel distribution channel

 •
 Creating cross-selling synergies between the various suit of products and services being sold to the customers

 •
 Using a scalable business model to eliminate certain barriers and rapid growth

 In 2022, as Covid-19 had affected the tea industry,
our business focused more on the international trading of precious metal commodities and we began seeking additional lines of business.
From 2022 to present, we developed a line of trading precious metals with suppliers in South America with the end buyers in Hong Kong,
China. In late 2023 we began expanding our business line into the treatment and service of wood panels in China. After commencing in the
wood panel business we have ceased operating in tea and precious metals. Through our subsidiary, we obtained a patent license to treat
wood panels so that they would become flame retardant.

 Industry Overview

 Wood Treatment Industry

 The wood treatment and wood panel industry in China, particularly in
regions like Guangdong, represents a significant segment of the nation's broader manufacturing and industrial base. Companies in this
sector often source raw timber from nearby timber farms, transporting raw logs to processing facilities where they undergo a series of
treatments. These processes may include patented techniques aimed at enhancing the wood's durability and functionality, such as making
it flame retardant, moisture-resistant, or resistant to pests.

 In terms of wood panel production, the treatment and servicing involve
several stages, including seasoning, chemical treatment, and mechanical processing. These panels are then utilized across various sectors,
notably in construction, furniture manufacturing, and interior decoration. Shanghai, as a hub, demonstrates the scale and technological
advancement of China's capabilities in processing and finishing technologies related to wood, including panel board and solid wood treatments.

 The Chinese market is also adapting to global trends and demands, particularly
with the ongoing shifts in supply chains and environmental regulations. Companies in Guangdong are investing in sustainable practices
and advanced technologies to meet both domestic and international standards, which is crucial as China addresses its supply gap
in hardwoods and boosts its production capacity.

 Globally, wood panels are increasingly utilized due to their cost-effectiveness,
versatility, and environmental benefits. They are a staple in modern construction, especially in eco-friendly building projects, and in
furniture and cabinetry, where engineered wood products offer consistency, strength, and ease of use. The international demand for treated
wood products continues to grow as industries seek sustainable and durable materials for a wide range of applications.

 Our Strategy

 We intend to modernize and enhance the experience
of purchasing Chinese products by distributing our products through e-distribution channels. In connection with our wood treatment business,
the company plans on using its patented service to expand into wider areas of China and also expand its business to include the manufacturing
of wood panel products rather than just servicing and treatment.

 Our business objective is to generate revenues
based on the sale of the products and to maintain and grow a customer base based upon our internal database.

 Our target market is the China consumer market.

 Potential competitors

 There will be an abundance of competitors in the
market, given the highly competitive environment we operate in, from both existing competitors and new market entrants.

 As to the wood treatment industry, the Company's
competitors includes other wood treatment companies within the greater China area. There is also a risk that the patent owner could license
the patents to other companies. However, given that there is a demand for such services, even if there were to be additional competitors
in the same industry, the effect on the Company's current clients will be minimal.

 Products

 Wood Treatment

 Currently, our wood treatment business is a specialized
product wherein clients of that business bring in unfurnished wood panels to be treated. Through the patented service which includes placing
the untreated wood panels into a metal tank that is then submerged with a chemical process, the wood panels are then taken to dry afterwards
and obtains the desired flame retardant properties.

 Seasonality

 The timber industry is subject to seasonality, especially during transitions
between seasons, such as the shift from spring to summer, temperatures and humidity can fluctuate rapidly and unexpectedly. Seasonal changes
can have a significant impact on wood treatment and drying times. Lumber mills face the challenge of maintaining the integrity of their
products by carefully tracking wood moisture content and following dry kiln schedules. While our process includes receiving treated wood,
dipping and drying through our – patented process, we do not believe our specific business will be subject to seasonality as the
process is completed in controlled environments. However, we cannot predict the impact of seasonality on our customers production of timber
for delivery to us for treatment and whether or not that will impact our business.

 Management, Culture and Training

 We are guided by a philosophy that recognizes
customer service and the importance of delivering optimal performance across all lines of our business.

 We seek to recruit, hire, train, retain and promote
qualified, knowledgeable and enthusiastic business partners who share our passion and strive to deliver an extraordinary experience to
our customers. Our staff
are trained in the patented technologies so that the product becomes a stable and reliable process. This process helps ensure that all
team members educate our customers and execute our standards accurately and consistently. As team members progress to the assistant manager
and manager levels, they undergo additional weeks of training in sales, operations and management.

 This philosophy extends to all types of trading and is applicable to
precious metals trade.

 Business and Strategic Partners

 Currently, as our wood panel business is developing,
the Company desires to expand beyond the Guangdong area and internationally.

 Licenses, Permits and Government Regulations

 PRC Legal System

 The PRC legal system is a civil law system based
on the PRC Constitution and is made up of written laws, regulations and directives. Unlike in the US where the law built partly upon decisions
of common law cases, court cases in the PRC do not constitute binding precedents. The governmental directives are organized in the following
hierarchy.

 The National People's Congress of the PRC
("NPC") and the Standing Committee of the NPC are empowered by the PRC Constitution to exercise the legislative power of the
state. The NPC has the power to amend the PRC Constitution and to enact and amend primary laws governing the state organs and civil and
criminal matters. The Standing Committee of the NPC is empowered to interpret, enact and amend laws other than those required to be enacted
by the NPC.

 The State Council of the PRC is the highest organ
of state administration and has the power to enact administrative rules and regulations. Ministries and commissions under the State Council
of the PRC are also vested with the power to issue orders, directives and regulations within the jurisdiction of their respective departments.
Administrative rules, regulations, directives and orders promulgated by the State Council and its ministries and commissions must not
be in conflict with the PRC Constitution or the national laws and, in the event that any conflict arises, the Standing Committee of the
NPC has the power to annul such administrative rules, regulations, directives and orders.

 At the regional level, the people's congresses
of provinces and municipalities and their standing committees may enact local rules and regulations and the people's government
may promulgate administrative rules and directives applicable to their own administrative area. These local laws and regulations may not
be in conflict with the PRC Constitution, any national laws or any administrative rules and regulations promulgated by the State Council.

 Rules, regulations or directives may be enacted
or issued at the provincial or municipal level or by the State Council of the PRC or its ministries and commissions in the first instance
for experimental purposes. After sufficient experience has been gained, the State Council may submit legislative proposals to be considered
by the NPC or the Standing Committee of the NPC for enactment at the national level.

 Governmental Regulations in Relation to the
Company's Businesses

 Regulations Related to Retail

 There are no separate mandatory legal provisions
on the retail business model in the PRC. Companies and individual businesses may engage is the retail business as long as they have registered
with the commerce departments in accordance with the laws such as the Regulation on Individual Industrial and Commercial Households and
Administration of the Registration of Enterprises As Legal Persons, and include "retail" in the business scope on their business
license.

 Off Balance Sheet Arrangements

 We do not maintain off balance sheet arrangements.

 Contractual Obligations and Commitments

 As of December 31, 2024 and 2023, we did not have
any contractual obligations.

 Critical Accounting Policies

 Our significant accounting policies are described in the notes to our
financial statements for the years ended December 31, 2024 and 2023, and are included elsewhere in this registration statement.

 Item 1A. RISK FACTORS

 We are a smaller reporting company as defined by Rule 12b-2 of the
Securities Exchange Act of 1934 and are not required to provide the information under this item.

 ITEM 1B. UNRESOLVED STAFF COMMENTS

 As a smaller reporting company, we are not required
to provide the information pursuant to this Item.

 ITEM 1C. CYBERSECURITY

 We aim to deploy a cyber-risk management
program which is intended to assist in assessing, identifying, and managing material risks from cybersecurity threats to our data
and information systems. The Company currently manages its cybersecurity risk through a variety of practices that are
applicable to all users of our information technology and information assets, including our officers and directors, contractors, and
vendors. The Company uses a combination of technology and monitoring to promote security awareness and prevent security incidents,
including network and passwords protocols, third party firewalls, and antivirus protections. Our Board of Directors performs an
annual review of our cybersecurity program, including management's actions to identify and detect threats.

 We have not experienced any material
cybersecurity incidents or identified any material cybersecurity threats that have affected or are reasonably likely to materially
affect us, our business strategy, results of operations or financial condition.

 ITEM 2. PROPERTIES

 Our mailing address is 1113, Tower 2, Lippo Centre,
89 Queensway, Admiralty, Hong Kong.

 ITEM 3. LEGAL PROCEEDINGS

 From time to time, we may become involved in various
lawsuits and legal proceedings, which arise in the ordinary course of business. However, litigation is subject to inherent uncertainties,
and an adverse result in these or other matters may arise from time to time that may harm business. We are currently not aware of any
such legal proceedings or claims that will have, individually or in the aggregate, a material adverse effect on our business, financial
condition or operating results.

 ITEM 4. MINE SAFETY DISCLOSURES

 Not applicable.

 ITEM 5. MARKET FOR REGISTRANTS COMMON EQUITY,
RELATED STOCKHOLDERS MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES

 Market Information

 Our common stock is currently quoted on the OTC
market OTCQB under the symbol KUBR. For the periods indicated, the following table sets forth the high and low bid prices
per share of common stock. The below prices represent inter-dealer quotations without retail markup, markdown, or commission and may not
necessarily represent actual transactions.

 As of April 11, 2025 the closing price of
our common stock was $6.15 per share as reported by Yahoo Finance.

 Price Range

 Period

 High

 Low

 Year ended December 31, 2024

 First Quarter

 $
 5.50

 $
 5.50

 Second Quarter

 $
 5.50

 $
 4.80

 Third Quarter

 $
 4.80

 $
 4.80

 Fourth Quarter

 $
 4.80

 $
 4.50

 Year Ended December 31, 2023:

 First Quarter

 $
 6.00

 $
 2.10

 Second Quarter

 $
 4.80

 $
 4.05

 Third Quarter

 $
 6.50

 $
 3.03

 Fourth Quarter

 $
 6.20

 $
 5.00

 Stockholders of Record

 As of April 11, 2025, the Company has 611 recorded
holders of our Common Stock. This number excludes any estimate by us of the number of beneficial owners of shares held in street name,
the accuracy of which cannot be guaranteed.

 Issuer Direct Corporation, One Glenwood Avenue, Suite 1001, Raleigh,
NC 27603, is the transfer agent for our Common Stock.

 Effective on August 11, 1993, the SEC adopted
Rule 15g-9, which established the definition of a "penny stock," for purposes relevant to the Company, as any equity security
that has a market price of less than $5.00 per share or with an exercise price of less than $5.00 per share, subject to certain exceptions.
For any transaction involving a penny stock, unless exempt, the rules require: (i) that a broker or dealer approve a person's account
for transactions in penny stocks; and (ii) that the broker or dealer receive from the investor a written agreement to the transaction,
setting forth the identity and quantity of the penny stock to be purchased. In order to approve a person's account for transactions
in penny stocks, the broker or dealer must (i) obtain financial information and investment experience and objectives of the person; and
(ii) make a reasonable determination that the transactions in penny stocks are suitable for that person and that person has sufficient
knowledge and experience in financial matters to be capable of evaluating the risks of transactions in penny stocks. The broker or dealer
must also deliver, prior to any transaction in a penny stock, a disclosure schedule prepared by the Commission relating to the penny stock
market, which, in highlight form, (i) sets forth the basis on which the broker or dealer made the suitability determination; and (ii)
states that the broker or dealer received a signed, written agreement from the investor prior to the transaction. Disclosure also has
to be made about the risks of investing in penny stock in both public offerings and in secondary trading, and about commissions payable
to both the broker-dealer and the registered representative, current quotations for the securities and the rights and remedies available
to an investor in cases of fraud in penny stock transactions. Finally, monthly statements have to be sent disclosing recent price information
for the penny stock held in the account and information on the limited market in penny stocks.

 Common Stock

 We are authorized to issue 500,000,000 common shares at a par value
of $0.001. As of December 31, 2024 and December 31, 2023 there are 132,612,342 and 132,612,342 common shares outstanding, respectively.
Each holder of Common Stock shall be entitled to one vote per share.

 Preferred Stock

 We are authorized to issue 10,000,000 shares of
preferred stock at a par value of $0.001. Out of the 10,000,000 shares of preferred stock, we are authorized to issue 2,000,000 shares
of Series A Preferred Stock and 1,000,000 shares of Series B Preferred Stock.

 Series A Preferred Shares

 The following is a description of the material
rights of our Series A Convertible Preferred Stock: Each share of Series A convertible Preferred Stock shall have a par value of $0.001
per share. The Series A Preferred Stock shall vote on any matter that may from time to time be submitted to the Company's shareholders
for a vote, on a one for one basis. If the Company effects a stock split which either increases or decreases the number of shares of Common
Stock outstanding and entitled to vote, the voting rights of the Series A shall not be subject to adjustment unless specifically authorized.

 Each share of Series A Convertible Preferred Stock
shall be convertible into one share of Common Stock ("Conversion Ratio"), at the option of a Holder, at any time and from
time to time, from and after the issuance of the Series A Preferred Stock.

 In the event of any liquidation, dissolution or winding up of the Corporation,
either voluntary or involuntary, subject to the rights of any existing series of Preferred Stock or to the rights of any series of Preferred
Stock which may from time to time hereafter come into existence, the holders of the Series A Preferred Stock shall be entitled to receive,
prior and in preference to any distribution of any of the assets of the Corporation to the holders of Common Stock by reason of their
ownership thereof, an amount per share equal to the price per share actually paid to the Corporation upon the initial issuance of the
Series A Preferred Stock (each, the "the Original Issue Price") for each share of Series A Preferred Stock then held by them,
plus declared but unpaid dividends. Unless the Corporation can establish a different Original Issue Price in connection with a particular
sale of Series A Preferred Stock, the Original issue price shall be $0.001 per share for the Series A Preferred Stock.

 Dividends

 Dividends, if any, will be contingent upon our
revenues and earnings, if any, capital requirements and financial conditions. The payment of dividends, if any, will be within the discretion
of our board of directors. We intend to retain earnings, if any, for use in our business operations and accordingly, the board of directors
does not anticipate declaring any dividends prior to an acquisition transaction, nor can there be any assurance that any dividends will
be paid following any acquisition.

 Series B Preferred Shares

 As of March 1, 2021, we have issued 800,000 shares
of Series B Preferred Shares, with $0.001 par value per share. 650,000 of those Series B Preferred Shares have been converted to common
stock leaving 150,000 Series B Preferred Shares.

 The following is a description of the material
rights of our Series B Convertible Preferred Stock: Each share of Series B convertible Preferred Stock shall have a par value of $0.001
per share. The Series B Preferred Stock shall vote on any matter that may from time to time be submitted to the Company's shareholders
for a vote, on a 1,000 for one basis. If the Company effects a stock split which either increases or decreases the number of shares of
Common Stock outstanding and entitled to vote, the voting rights of the Series A shall not be subject to adjustment unless specifically
authorized.

 Each share of Series B Convertible Preferred Stock
shall be convertible into one thousand shares of Common Stock ("Conversion Ratio"), at the option of a Holder, at any time
and from time to time, from and after the issuance of the Series B Preferred Stock.

 In the event of any liquidation, dissolution or
winding up of the Corporation, either voluntary or involuntary, subject to the rights of any existing series of Preferred Stock or to
the rights of any series of Preferred Stock which may from time to time hereafter come into existence, the holders of the Series B Preferred
Stock shall be entitled to receive, prior and in preference to any distribution of any of the assets of the Corporation to the holders
of Common Stock by reason of their ownership thereof, an amount per share equal to the price per share actually paid to the Corporation
upon the initial issuance of the Series B Preferred Stock (each, the "the Original Issue Price") for each share of Series
B Preferred Stock then held by them, plus declared but unpaid dividends. Unless the Corporation can establish a different Original Issue
Price in connection with a particular sale of Series B Preferred Stock, the Original issue price shall be $0.001 per share for the Series
B Preferred Stock. If, upon the occurrence of any liquidation, dissolution or winding up of the Corporation, the assets and funds thus
distributed among the holders of the Series B Preferred Stock shall be insufficient to permit the payment to such holders of the full
aforesaid preferential amounts, then, subject to the rights of any existing series of Preferred Stock or to the rights of any series of
Preferred Stock which may from time to time hereafter come into existence, the entire assets and funds of the corporation legally available
for distribution shall be distributed ratably among the holders of the each series of Preferred Stock in proportion to the preferential
amount each such holder is otherwise entitled to receive.

 The Series B Preferred Stock shares are nonredeemable
other than upon the mutual agreement of the Company and the holder of shares to be redeemed, and even in such case only to the extent
permitted by this Certificate of Designation, the Corporation's Articles of Incorporation and applicable law.

 Series B Preferred Stock shall be convertible,
at the option of the holder thereof, at any time after the date of issuance of such share, at the office of the Corporation or any transfer
agent for such stock, into such number of fully paid and nonassessable shares of Common Stock as is determined by dividing the Original
Issue Price of the Series B Preferred Stock by the Series B Conversion Price applicable to such share, determined as hereafter provided,
in effect on the date the certificate is surrendered for conversion.

 On November 4, 2024, the Company entered into
a Stock Cancellation Agreement with Chuang Fu Qu Kuai Lian Technology (Shenzhen) Limited ("Chuang Fu"), for the cancellation
of 150,000 shares of Series B Preferred Stock, $0.001 par value per share (the "Series B Preferred Stock") which were issued
to Chuang Fu in 2018, in exchange for $100. Upon the cancellation of the Series B Preferred Stock the Company will have zero shares of
Series B Preferred Stock issued and outstanding.

 As of December 31, 2024 and 2023, the Company
has zero and 150,000 shares of Series B Convertible preferred shares issued and outstanding, respectively.

 Dividends

 Dividends, if any, will be contingent upon our
revenues and earnings, if any, capital requirements and financial conditions. The payment of dividends, if any, will be within the discretion
of our board of directors. We intend to retain earnings, if any, for use in our business operations and accordingly, the board of directors
does not anticipate declaring any dividends prior to an acquisition transaction, nor can there be any assurance that any dividends will
be paid following any acquisition.

 Securities Authorized for Issuance under
Equity Compensation Agreements

 None.

 Recent Sales of Unregistered Securities

 During the years ended December 31, 2024 and 2023,
we did not have sales of unregistered securities other than those already disclosed in the quarterly reports on Form 10-Q in the year
of 2024 and current reports on Form 8-K.

 Recent Purchases of Equity Securities by
us and our Affiliated Purchasers

 None.

 Where You Can Find Additional Information

 We are a reporting company and file annual, quarterly
and current reports, proxy statements and other information with the SEC. For further information with respect to the Company, you may
read and copy its reports, proxy statements and other information, at the SEC public reference rooms at 100 F. Street, N.E., Washington,
D.C. 20549. You can request copies of these documents by writing to the SEC and paying a fee for the copying cost. Please call the SEC
at 1-800-SEC-0330 for more information about the operation of the public reference rooms. The Company's SEC filings are also available
at the SEC's web site at

 ITEM 6. SELECTED FINANCIAL DATA

 Not applicable to smaller reporting companies.

 ITEM 7. MANAGEMENT'S DISCUSSION AND ANALYSIS
OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

 Management's Plan of Operation

 The following discussion contains forward-looking
statements. Forward-looking statements give our current expectations or forecasts of future events. You can identify these statements
by the fact that they do not relate strictly to historical or current facts. They use of words such as "anticipate", "estimate",
"expect", "project", "intend", "plan", "believe", and other words and terms
of similar meaning in connection with any discussion of future operating or financial performance. From time to time, we also may provide
forward-looking statements in other materials we release to the public.

 Overview

 The Company's current
business objective is to operate as a holding company with its subsidiaries operating in the wood treatment. We intend to use the Company's
limited personnel and financial resources in connection with such activities.

 On November 7, 2022,
the Company purchased from GRL21 Nominee Limited all the shares of Kuber Resources (Hong Kong) Limited for one Hong Kong dollar (HKD1.00).
Accordingly, Kuber Resources (Hong Kong) Limited became a fully-owned subsidiary of the Company as at November 7, 2022. Kuber Resources
(Hong Kong) Limited (previously known as Star Wise Limited) is a company incorporated in Hong Kong on October 21, 2022. It changed its
name to Kuber (Resources (Hong Kong) Limited on 1 November 2022 and concurrently filed its notification of commencement of Business by
Corporation on the same day. It had not traded and/or otherwise operated until after it had been purchased by the Company on November
7, 2022. The purpose of obtaining Kuber Resources (Hong Kong) Limited is to start an additional line of business outside of the international
commodities trade currently undertaken by Asia Image Limited.

 On September 18, 2023, the Company acquired all shares of Grayscale
Investment (Asia) Limited ( Grayscale HK) from unrelated parties for two Hong Kong dollars (HKD 2.00) per share, along with
its subsidiary. Consequently, Grayscale HK became a fully-owned subsidiary of the Company. Grayscale HK was established in Hong Kong on
September 31, 2021, which has not commenced any operations since its inception. Grayscale Investment (ShenZhen) Limited ( Grayscale
WOFE) was established on November 1, 2021, as a wholly foreign-owned entity in the People's Republic of China ( PRC).
Grayscale WOFE is wholly owned by Grayscale HK.

 On October 17, 2023, the Company through its wholly owned subsidiary,
incorporated Kuber Resources (Guangdong) Co., Ltd. ("Kuber Guangdong) as a wholly owned subsidiary of Graysacle WOFE in Guangdong,
PRC. Kuber Guangdong 's scope of business includes manufacturing, sales and distribution of
wood panels, as well as providing formaldehyde treatment services.

 On January
14, 2025, the Company, through Kuber Guangdong, closed on the Acquisition Agreement to acquire Gongfa Materials (Guangdong) New Materials
Technology Co., Limited, a Chinese corporation, ("Gongfa"). As a
result of the Closing, Gongfa is now a wholly owned subsidiary of Kuber Guangdong. Gongfa is a manufacturer of engineered wood products.

 Results Of Operations

 During The Year Ended December 31, 2024 As Compared To The Year
Ended December 31, 2023

 Revenue

 For the year ended December 31, 2024 and 2023,
the Company generated $3,920,223 and $2,249,288 of revenue, respectively.

 Cost of Revenue

 The Company generated $426,587 and $199,356 cost of revenue for the
years ended December 31, 2024 and, 2023, respectively.

 The breakdown
of revenues and cost of revenues as follows:

 2024

 2023

 Formaldehyde treatment services

 $
 3,758,039

 $
 2,147,172

 Sales of flame retardant wood panels

 70,272

 -

 Other services

 91,912

 102,116

 Total revenues, net

 3,920,223

 2,249,288

 Formaldehyde treatment services

 359,451

 Sales of flame retardant wood panels

 67,136

 -

 Other services

 -

 -

 Total Cost of revenues

 426,587

 Expenses

 For the year ended December 31, 2024 and 2023, the Company incurred
$2,522,664 and $359,176 as total operating expenses, respectively. For the year ended December 31, 2024, operating expenses consisted
of selling expenses of $6,203, and general administrative expenses of $2,516,461. For the year ended December 31, 2023, operating expenses
consisted of selling expenses of $9,638, and general administrative expenses of $349,538.

 Selling, general and administrative expenses comprise
mainly of professional fees incurred being a reporting company, wages and salaries, and rent expenses. The significant increase in
operating expenses in 2024 was mainly attributable to research and development expenses.

 Other income (expenses)

recorded a loss from disposal of subsidiary of $416,896 and $nil for the years ended December 31, 2024 and 2023, respectively.

 Net Income (Loss)

 For the years ended December 31, 2024 we incurred a net income totaled
$386,267 compared to net income of $1,217,956 for the year ended December 31, 2023.

 The Company recorded a net loss
from disposal of subsidiary of $432,442 and $0 for the years ended December 31, 2024 and 2023, respectively, attributable to the disposed
subsidiary.

 Liquidity and Capital Resources

 Currently, we rely on the sale of our products and services as our
primary source of liquidity and capital. We use the funds generated to cover the day-to-day operational costs of running the business.

 As of December 31, 2024, we had current assets of $5,889,457 as compared
to $3,473,299 as of December 31, 2023. We have cash of $104,322 and $143,860, as of December 31, 2024 and 2023, respectively.

 To the extent that our capital resources are insufficient
to meet current or planned operating requirements, we will seek additional funds through equity or debt financing, collaborative or other
arrangements with corporate partners, licensees or others, and from other sources, which may have the effect of diluting the holdings
of existing shareholders. The Company has no current arrangements with respect to, or sources of, such additional financing and we do
not anticipate that existing shareholders will provide any portion of our future financing requirements.

 No assurance can be given that additional financing
will be available when needed or that such financing will be available on terms acceptable to the Company. If adequate funds are not available,
we may be required to delay or terminate expenditures for certain of its programs that it would otherwise seek to develop and commercialize.
This would have a material adverse effect on the Company.

 Operating Activities

 Net cash used in operating activities
for the year ended December 31, 2024 was $82,656, and net cash provided by operating activities was $201,182 for the year ended December
31, 2023, respectively.

 The net cash provided by operating
activities for the year ended December 31, 2024 was primarily related to increase in accounts receivables, increase in inventories, increase
in due from related parties with an offset by increase in accounts payable and other payable.

 The net cash provided by operating
activities for the year ended December 31, 2023 was primarily related to increase in accounts receivables, increase in due from related
parties with an offset by increase in accounts payable and other payable.

 Investing Activities

 Net cash used in investing activities for the
year ended December 31, 2024 and 2023 was $311,564 and $168,692, respectively. There amounts
were primarily related to the purchases of fixed assets and increase in ROU asset.

 Financing Activities

 We had cash provided by financing activities of
$396,280, consisting of proceeds from related parties in the amount of $396,280 for the year ended December 31, 2024. There was no financing
activities during the year ended December 31, 2023.

 Going Concern and Management's Liquidity
Plans

 As reflected in the accompanying consolidated financial statements,
the Company has a net income of $386,267 for the year ended December 31, 2024. The Company has an accumulated deficit of $1,998,366 and
a working capital of $2,522,062 as of December 31, 2024.

 The accompanying consolidated financial statements
have been prepared assuming the continuation of the Company as a going concern. The Company has started to generate revenues but has yet
to established an ongoing source of revenues sufficient to cover its operating costs and is dependent on debt and equity financing to
fund its operations. Management of the Company is making efforts to raise additional funding. While management of the Company believes
that it will be successful in its capital formation and planned operating activities, there can be no assurance that the Company will
be able to raise additional equity capital or be successful in the development and commercialization of the products it develops or initiates
collaboration agreements thereon. Therefore, there is substantial doubt about the Company's ability to continue as a going concern.
The accompanying consolidated financial statements do not include any adjustments to reflect the possible future effects on the recoverability
and classification of assets or the amounts and classification of liabilities that may result from the possible inability of the Company
to continue as a going concern.

 Off-Balance Sheet Arrangements

 As of December 31, 2024 and 2023, we did not have
any off-balance sheet arrangements as defined in Item 303(a)(4)(ii) of Regulation S-K promulgated under the Securities Act of 1934.

 Contractual Obligations and Commitments

 As of December 31, 2024 and 2023, we did not have
any contractual obligations.

 Critical Accounting Policies

 Our significant accounting policies are described in the notes to our
financial statements for the years ended December 31, 2024 and 2023. The preparation of consolidated financial statements in conformity
with generally accepted accounting principles of the United States (GAAP) requires management to make estimates and assumptions that affect
the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements
and the reported amounts of revenues and expenses during the year. The more significant areas requiring the use of estimates include asset
impairment, stock-based compensation, and future income tax amounts. Management bases its estimates on historical experience and on other
assumptions considered to be reasonable under the circumstances. However, actual results may differ from the estimates.

 We believe the following is among the most critical
accounting policies that impact or consolidated financial statement. We suggest that our significant accounting policies, as described
in our consolidated financial statements in the Summary of Significant Accounting Policies, be read in conjunction with this Management's
Discussion and Analysis of Financial Condition and Results of Operations.

 ITEM 7A: QUANTITATIVE AND QUALITATIVE DISCLOSURES
ABOUT MARKET RISK

 Not applicable to smaller reporting companies.

 ITEM 8: FINANCIAL STATEMENTS AND SUPPLEMENTARY
DATA

 The audited financial statements of the Company
for the fiscal year ended December 31, 2024 and 2023 and the notes thereto are set forth on page F-1 through F-17 of this Annual Report.
The Company's financial statements have been prepared in accordance with accounting principles generally accepted in the U.S., or
US GAAP, and pursuant to Regulation S-K as promulgated by the SEC. The financial statements have been prepared assuming the Company will
continue as a going concern.

 ITEM 9: CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS
ON ACCOUNTING AND FINANCIAL DISCLOSURE

 None.

 ITEM 9A: CONTROLS AND PROCEDURES

 Evaluation of disclosure controls and procedures

 Under the supervision and with the participation
of our management, including our principal executive officer/principal financial officer, we conducted an evaluation of our disclosure
controls and procedures, as such term is defined under Rule 13a-15(e) and Rule 15d-15(e) promulgated under the Exchange Act, as of December
31, 2024. Based on this evaluation, our principal executive officer and principal financial officer have concluded that our disclosure
controls and procedures were effective to ensure that information required to be disclosed by us in the reports we file or submit under
the Exchange Act is recorded, processed, summarized, and reported within the time periods specified in the SEC's rules and forms
and that our disclosure and controls are designed to ensure that information required to be disclosed by us in the reports that we file
or submit under the Exchange Act is accumulated and communicated to our management, including our principal executive and principal financial
officers, or persons performing similar functions, as appropriate to allow timely decisions regarding required disclosure.

 Management's Report on Internal Control
over Financial Reporting

 Our management is responsible for establishing
and maintaining adequate internal control over financial reporting as defined in Rules 13a-15(f) and 15d-15(f) under the Securities Exchange
Act of 1934. The Company's internal control over financial reporting is designed to provide reasonable assurance to the Company's
management and Board of Directors regarding the preparation and fair presentation of published financial statements in accordance with
US GAAP, including those policies and procedures that: (i) pertain to the maintenance of records that, in reasonable detail, accurately
and fairly reflect the transactions and dispositions of the assets of the company, (ii) provide reasonable assurance that transactions
are recorded as necessary to permit preparation of financial statements in accordance with US GAAP and that receipts and expenditures
are being made only in accordance with authorizations of management and directors of the company, and (iii) provide reasonable assurance
regarding prevention or timely detection of unauthorized acquisition, use, or disposition of the company's assets that could have
a material effect on the financial statements.

 Management conducted an evaluation of the effectiveness
of internal control over financial reporting based on the framework in Internal Control-Integrated Framework issued by the Committee of
Sponsoring Organizations of the Treadway Commission. Management's assessment included an evaluation of the design of our internal
control over financial reporting and testing of the operational effectiveness of our internal control over financial reporting. Based
on this evaluation, Management concluded the Company maintained effective internal control over financial reporting as of December 31,
2024.

 Because of its inherent limitations, internal
control over financial reporting may not prevent or detect misstatements. Therefore, even those systems determined to be effective can
provide only reasonable assurance with respect to financial statement preparation and presentation.

 Attestation Report of Registered Public Accounting
Firm

 Pursuant to Regulation S-K Item 308(b), this Annual
Report on Form 10-K does not include an attestation report of our independent registered public accounting firm, regarding internal controls
over financial reporting. Our internal control over financial reporting was not subject to such attestation as we are a smaller reporting
company.

 Changes in internal controls

 During the year ended December 31, 2024, there
were no other changes in our internal controls over financial reporting, which were identified in connection with our management's
evaluation required by paragraph (d) of rules 13a-15 and 15d-15 under the Exchange Act, that materially affected, or is reasonably likely
to have a material effect on our internal control over financial reporting.

 ITEM 9B. OTHER INFORMATION.

 None.

 ITEM 9C. Disclosure
Regarding Foreign Jurisdictions that Prevent Inspections

 None.

 ITEM 10. DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE
GOVERNANCE

 Set forth below is information regarding our directors
and executive officers as of the date of this Annual Report. The Board is comprised of only one class. All of the directors will serve
until the next annual meeting of shareholders and until their successors are elected and qualified, or until their earlier death, retirement,
resignation or removal. Officers are elected by and serve at the discretion of the Board. To date we have not had an annual meeting. There
are no family relationships between any of our directors or executive officers.

 Name

 Age

 Position(s)

 President, Treasurer, CEO, Secretary, Director

 Timothy Lam Chee Yau

 Secretary, Director

 Shiu Chung "Johnny" Chan

 Hok Hin "Ringo" Mui

 Li Jiyong

 Chun Leung Tso

 The following is a brief biography of each of
our executive officers and directors:

 FU, RAYMOND

 Mr. Raymond Fu has more than 20 years of professional
experience in operations, management and M&A in the finance industry. From 1993 until 2005, Mr. Fu worked various roles at Triplenic
Holdings Limited (now known as Fujian Group Limited (HKEX:181)), including as an executive director where he helped the group grow from
a market value of 1 billion HKD to 300 billion HKD. From 2005 to present, Mr.Fu has held his role as an executive director of Asia Image
Investment Limited.

 Mr. Fu is also currently serving as the sole director
and controlling shareholder of Uonlive (Hong Kong) Limited, a company incorporated in Hong Kong, since its incorporation on 22 May 2020.
Mr. Fu is also President and Chief Executive Office of Storming Dragon Limited, a BVI company. Since 2022, Mr. Fu has been CEO and Director
of Vestiage Inc. (OTC: VEST). He is also the sole director and a shareholder of Chuang Fu Capital Equity CCI Capital Limited, a Hong Kong
company, since its incorporation on 4 December 2018. Chuang Fu Capital Equity CCI Capital Limited is the sole shareholder of Chuang Fu
Qu Kuai Technology (Shenzhen) Limited, a company incorporated in Shenzhen, China.

 Mr. Fu has served in various public positions
including President of the Lions Club and Honorary President of the New Territories Manufacturer's Association.

 LAM, CHEE YAU TIMOTHY

 Timothy was admitted as a lawyer in New South
Wales, Australia in 2007. He is also admitted and a qualified lawyer in New Zealand and Hong Kong. Since 2019, he has been a Partner in
a Hong Kong law firm and has experience across multiple jurisdictions including USA, Hong Kong, Australia, and China. Timothy has worked
in both domestic and international firms in Australia and Hong Kong.

 Timothy has a Bachelors
in Arts (Philosophy), Bachelors in Law, Masters in Law (Corporate and Finance), Masters in Industrial Property, Masters in Applied Law
(Commercial Litigation), Masters in Strategic Public Relations, Masters in Buddhist Studies and a Masters in Buddhist Counselling.

 Timothy has advised and acted for multiple listed
companies in Hong Kong and Australia. He has also advised listed company board members on their obligations and has also advised high
level corporate and governmental staff as to their duties in their roles.

 Timothy is a Member of the Hong Kong Law Society,
a Member of the NSW Law Society, a Governor to the Board of the Children's Cancer Foundation and a Fellow of the Hong Kong Institute
of Directors. He has acted on multiple boards in private companies in Australia and Hong Kong.

 CHAN, SHIU CHUNG

 Shiu Chung obtained a Bachelor of Arts in Japanese
Studies from the University of Hong Kong in 2011, and obtained a Masters of Business Administration in International Business from the
University of Greenwich in 2019.

 Shiu Chung is currently also currently the General
Manager for Emperio Securities and Assets Management Ltd in Hong Kong.

 MUI, HOK HIN

 Hok Hin obtained a Bachelor of Economic and Finance
from the University of Hong Kong in 2013. He has experience in asset management and is currently a trader in the Sunrich Asset Management
Limited Group in Hong Kong.

 LI, JIYONG

 Mr Li graduated from the China University of Electronic
Science and Technology. He is the also currently the chairman of the Wood Chain Network and an inventor of flame retardant and antibacterial
technology. He is the Vice President of the Mergers and Acquisitions Branch of the Shenzhen Listed Companies Association.

 TSO,
CHUN LEUNG

 Mr.
Chun Leung Tso obtained a Bachelor of Economics from the Kwantlen Polytechnic University of Canada in 2012. Mr. Tso has served as CEO
of the Molecular Group Co., Limited since 2014. Mr. Tso is also a seed investor in Virgocx Global Holdings Inc., a cryptocurrency exchange
in Canada, and Molecular Group Co Limited, a blockchain enterprise.

 Committees of the Board of Directors

 Our board of directors has not established any
committees, including an audit committee, a compensation committee, a nominating committee or any committee performing a similar function.
The functions of those committees are being undertaken by our Board as a whole. Because we only recently (March 2023) appointed two independent
directors, the establishment of committees of the Board of Directors has not yet been undertaken. In November 2023 we appointed two additional
independent directors. We anticipate that the board will establish committees in 2024.

 Code of Ethics

 We have not adopted a code of business conduct
and ethics that applies to our directors, officers and all employees.

 Family Relationships

 There are no family relationships among the directors
and executive officers of the Company.

 Directors' Compensation

 We have not paid any cash compensation to members
of our Board of Directors.

 The Company will reimburse its directors for reasonable
expenses in connection with attendance at board and committee meetings. Directors will also be eligible to receive stock options offered
by our company from time to time. No options have been granted to any director.

 Insider Trading Policy

 We do not maintain insider trading policies and
procedures governing the purchase, sale, and/or other dispositions of our securities by our directors, officers, and employees that we
believe are reasonably designed to promote compliance with insider trading laws, rules, and regulations applicable to us. We have failed
to do so due to limited number of members of management, limited resources, and the lack of equity awards granted to management. We intend
to adopt an insider trading policy by the end of 2025.

 Involvement in Certain Legal Proceedings

 To the best of our knowledge, our sole director
or any executive officers have not, during the past ten years:

 been convicted in a criminal proceeding or been subject to a pending criminal proceeding (excluding traffic
violations and other minor offenses);

 had any bankruptcy petition filed by or against the business or property of the person, or of any partnership,
corporation or business association of which he was a general partner or executive officer, either at the time of the bankruptcy filing
or within two years prior to that time;

 been subject to any order, judgment, or decree, not subsequently reversed, suspended or vacated, of any
court of competent jurisdiction or federal or state authority, permanently or temporarily enjoining, barring, suspending or otherwise
limiting, his involvement in any type of business, securities, futures, commodities, investment, banking, savings and loan, or insurance
activities, or to be associated with persons engaged in any such activity;

 been found by a court of competent jurisdiction in a civil action or by the SEC or the Commodity Futures
Trading Commission to have violated a federal or state securities or commodities law, and the judgment has not been reversed, suspended,
or vacated;

 been the subject of, or a party to, any federal or state judicial or administrative order, judgment, decree,
or finding, not subsequently reversed, suspended or vacated (not including any settlement of a civil proceeding among private litigants),
relating to an alleged violation of any federal or state securities or commodities law or regulation, any law or regulation respecting
financial institutions or insurance companies including, but not limited to, a temporary or permanent injunction, order of disgorgement
or restitution, civil money penalty or temporary or permanent cease-and-desist order, or removal or prohibition order, or any law or regulation
prohibiting mail or wire fraud or fraud in connection with any business entity; or

 been the subject of, or a party to, any sanction or order, not subsequently reversed, suspended or vacated,
of any self-regulatory organization (as defined in Section 3(a)(26) of the Exchange Act), any registered entity (as defined in Section
1(a)(29) of the Commodity Exchange Act), or any equivalent exchange, association, entity or organization that has disciplinary authority
over its members or persons associated with a member.

 Corporate Governance

 The business and affairs of the Company are managed
by the Board of Directors. In addition to the contact information in this Annual Report, each stockholder will be given specific information
on how he/she can direct communications to the officers and directors of the Company at our annual stockholders meetings. All communications
from stockholders are relayed to the board of member.

 Role in Risk Oversight

 Our sole director is primarily responsible for
overseeing our risk management processes. The Board receives and reviews periodic reports from management, auditors, legal counsel, and
others, as considered appropriate regarding our company's assessment of risks. The sole director focuses on the most significant
risks facing our company and our company's general risk management strategy, and also ensures that risks undertaken by our company
are consistent with the board's appetite for risk. While the sole director oversees our company's risk management, management
is responsible for day-to-day risk management processes.

 Compliance with Section 16(a) of the Exchange
Act

 Section 16(a) of the Exchange Act, requires our
directors, officers and persons who own more than 10% of our common stock to file with the SEC initial reports of ownership and reports
of changes in ownership of common stock and other of our equity securities. To our knowledge, based solely on review of the copies of
such reports furnished to us, no Section 16(a) filings applicable to officers, directors and greater than 10% shareholders were have been
made.

 ITEM 11. EXECUTIVE COMPENSATION

 No executive compensation was paid during the years ended December
31, 2024 and 2023. The Company has no employment agreement with any of its officers and directors.

 Agreements with Named Executive Officers

 On March 2, 2020, the Company entered into a Definitive
Share Agreement whereby Mr. Raymond Fu, the sole shareholder of Asia Image Investment Limited, and an officer and director of the Company,
relinquished all his shares in Asia Image and acquired 100,000 shares of the Company. Consequently, Asia Image became a wholly-owned subsidiary
of the Company.

 Pension, Retirement or Similar Benefit Plans

 There are no arrangements or plans in which we
provide pension, retirement or similar benefits for directors or executive officers. We have no material bonus or profit-sharing plans
pursuant to which cash or non-cash compensation is or may be paid to our directors or executive officers, except that stock options may
be granted at the discretion of the board of directors or a committee thereof.

 Compensation of Directors

 For the years ended December 31, 2024 and 2023,
we have not paid compensation to any of our directors.

 Outstanding Equity Awards

 There were no equity awards outstanding as of
the end of the year ending December 31, 2024 and 2023.

 Compensation Policies and Practices as They
Relate to the Company's Risk Management

 We believe that our current compensation policies
and practices for all employees, including executive officers, do not create risks that are reasonably likely to have a material adverse
effect on us.

 Equity Compensation Plan

 The Company currently does not have any equity
compensation plans; however, the Company is currently deliberating on implementing an equity compensation plan.

 Directors' and Officers' Liability
Insurance

 The Company currently does not have insurance
for directors and officers against liability; however, the Company is in the process of investigating the availability of such insurance.

 Change of Control Compensatory Plans

 As of December 31, 2024, we had no pension plans
or compensatory plans or other arrangements which provide compensation in the event of termination of employment or change in control
of us.

 ITEM 12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL
OWNERS AND MANAGEMENT RELATED STOCKHOLDERS MATTERS

 The following table sets forth as of April 14, 2025 the number of shares
of the Company's common stock and preferred stock owned on record or beneficially by each person known to be the beneficial owner
of 5% or more of the issued and outstanding shares of the Company's voting stock, and by each of the Company's directors and
executive officers and by all its directors and executive officers as a group. As of April 14, 2025, there were 157,556,723 common
shares issued and outstanding.

 The amounts and percentages
of our Common Stock beneficially owned are reported on the basis of SEC rules governing the determination of beneficial ownership of securities.
Under the SEC rules, a person is deemed to be a "beneficial owner" of a security if that person has or shares "voting
power," which includes the power to vote or to direct the voting of such security, or "investment power," which includes
the power to dispose of or to direct the disposition of such security. A person is also deemed to be a beneficial owner of any securities
of which that person has the right to acquire beneficial ownership within 60 days through the exercise of any stock option, warrant or
other right. Under these rules, more than one person may be deemed a beneficial owner of the same securities and a person may be deemed
to be a beneficial owner of securities as to which such person has no economic interest. Unless otherwise indicated, each of the shareholders
named in the table below, or his or her family members, has sole voting and investment power with respect to such shares of our Common
Stock. Except as otherwise indicated, the address of each of the shareholders listed below is: 1113, Tower 2, Lippo Center, 89 Queensway,
Hong Kong, Hong Kong 000000.

 In computing the number of
shares of Common Stock beneficially owned by a person and the percentage ownership of that person, we deemed to be outstanding all shares
of Common Stock as held by that person or entity that are currently exercisable or that will become exercisable within 60 days of April
11, 2025.

 List of Common Shareholders

 Name of Shareholder

 Affiliation

with

Company

 Number of Common

 Percent of Class

 Note

 President / CEO/ Secretary / Treasurer / Director

 5,000

 101,098,329

 *%

 64.17%

 1,5

 Timothy Lam Chee Yau

 Secretary, Director

 0%

 Shiu Chung Chan

 0%

 Hok Hin Mui

 0%

 Li Jiyong

 101,098,329

 64.17%

 4,5

 Chun Leung Tso

 0%

 Storming Dragon Limited

 N/A

 101,098,329

 64.17%

 1,4,5

 List of Preference Shareholders

 Name of Shareholder

 Affiliation

with

Company

 Holding %

 Nature of

Preference

shares

 Notes

 Dragon Ace Global Limited

 N/A

 250,000

 21.37%

 Series A

 Standford Global Capital Limited

 N/A

 250,000

 21.37%

 Series A

 Uonlive (Hong Kong) Limited

 44.44%

 Series A

 1,3

 *less than 1%

 1 Raymond Fu is the direct beneficial owner of 5,000 common shares
and indirect beneficial owner of 101,098,329 shares of common stock of the Company held by Storming
Dragon Limited and 520,000 Series A preferred shares through Uonlive (Hong Kong) Limited, of which Raymond Fu is the indirect beneficial
owner of 99% of its share capital.

 2. Chi Hung Tsang, is the control
person of Dragon Ace Global Limited and has dispositive voting control thereof; its business address is 5/F Guangdong Finance Building
88, Connaught Road West Hong Kong, Hong Kong.

 3. Chi Hung Tsang, is
the control person of Standford and has dispositive voting control thereof; its business address is 5/F Guangdong Finance Building 88,
Connaught Road West Hong Kong, Hong Kong.

 4. Li Jiyong is a shareholder in Storming Dragon Limited and has an
indirect beneficial interest in the shares owned by Storming Dragon Limited.

 5.Storming Dragon Limited is controlled by Raymond Fu, CEO of the Company.
Raymond Fu and Li Jiyong are the majority controlling shareholders of Storming Dragon Limited.

 There are no other persons known
by us who owns beneficially 5% or more of our common stock as of April 11, 2025.

 ITEM 13. CERTAIN RELATIONSHIPS AND RELATED
TRANSACTIONS, AND DIRECTOR INDEPENDENCE

 Other than compensation agreements and other arrangements
described in "Management," and our transactions described below, since our inception there has not been, nor is there currently
proposed, any transaction or series of similar transactions to which we were or will be a party:

 in which the amount involved exceeded or will exceed $120,000; and

 in which any current director, executive officer, holder of 5% or more of our shares of Common Stock on
an as-converted basis or any member of their immediate family had or will have a direct or indirect material interest.

 Related parties receivables and payables

 Related
parties' receivables comprised of the following:

 2024

 2023

 Shenzhen Guangfeng High Performance Wood Products Technology Co., Ltd (1)

 $
 71,332

 $
 1,110,135

 Gongfa (Guangdong) New Material Technology Co., Ltd. (2)

 4,095,806

 -

 Mr. Raymond Fu (3)

 46,131

 -

 Total

 $
 4,213,269

 $
 1,110,135

 (1)
 Amounts receivable from Shenzhen Guangfeng High Performance Wood Products Technology Co., Ltd formerly Shenzhen Junfeng Wood Chain
Network Technology Co., Ltd., where Mr. Li JiYong serves as the legal representative, comprised of receivables for funds collected on
behalf of the Company. Refer to Note 11.

 (2)
 Amounts receivable from Gongfa (Guangdong) New Material Technology Co., Ltd., where Mr. Li JiYong is a significant shareholder of
the entity and serves as the director of the entity, comprised of amounts advanced for the purpose of acquiring 61% equity interest in
the said entity for which the transaction has not been finalized.

 (3)
 Amounts receivable from Mr. Raymond Fu, CEO, d irector and controlling shareholder of
the Company, comprised of proceeds receivable from the sale of a disposed subsidiary, which are netted against the advances Mr. Fu made
to the Company to support its working capital.

 The balances above are unsecured, non-interest bearing and it is repayable
on demand.

 Related
parties' payables comprised of the following:

 2024

 2023

 Mr. Li JiYong (1)

 $
 -

 $

 Uonlive (HK) Ltd (2)

 10,828

 Mr. Raymond Fu (3)

 -

 178,784

 Jinyang (HK) Assets Mgt. Ltd (4)

 54,143

 Mr. Wang QingJian (5)

 -

 17,588

 Total

 $
 -

 $
 261,385

 (1)
 Amounts payable to Mr. Li JiYong, the legal Representative of the Company, comprised of advances made to the Company for working capital
purposes.

 (2)
 Amounts payable to Uonlive (HK) Ltd., with Mr. Raymond
Fu as an indirect beneficial owner, comprise of advances made to the Company for working capital purposes.

 (3)
 Amounts payable to Mr. Raymond Fu, CEO, d irector and controlling shareholder of the Company,
comprised of advances made to the Company for working capital purposes.

 (4)
 Amounts payable to Jinyang (HK) Assets Management Ltd.,
with Mr. Raymond Fu as the beneficial owner, comprise of advances made to the Company for working capital purposes.

 (5)
 Amounts payable to Mr. Wang QingJian, COO of the Company, comprised of amounts payable for formaldehyde removal services.

 The balances above are unsecured, non-interest bearing and it is repayable
on demand.

 Director Independence

 Our Board of Directors will
periodically review relationships that directors have with the Company to determine whether the directors are independent. Directors are
considered "independent" as long as they do not accept any consulting, advisory or other compensatory fee (other than director
fees) from the Company, are not an affiliated person of the Company or its subsidiaries (e.g., an officer or a greater-than-ten-percent
stockholder) and are independent within the meaning of applicable laws, regulations. In this latter regard, the Board of Directors will
use the Nasdaq listing rules (specifically, Section 5605(a)(2) of such rules) as a benchmark for determining which, if any, of its directors
are independent, solely in order to comply with applicable SEC disclosure rules. However, this is for disclosure purposes only.

 Our Board of Directors has
determined, after considering all the relevant facts and circumstances, that Shiu Chung Chan, Hok Hin Mui, and Chun
Leung Tso are independent directors, as "independence" is defined by the listing standards of Nasdaq, and by the Securities
and Exchange Commission, or SEC, because they have no relationship with us that would interfere with their exercise of independent judgment
in carrying out their responsibilities as a director. Mr. Fu, Mr. Lam, and Mr. Li are not "independent" as defined by the
listing standards.

 Insider Trading Policy

 As of the date of this Annual Report on Form 10-K, we have not
yet adopted a specific insider trading policy, although we are committed to compliance with all applicable securities laws and
regulations. We have not adopted such a policy as a result of the Company's size, structure, and risk profile, however, we
intend to adopt an insider trading policy by the third quarter of 2025.

 ITEM 14. PRICINPAL ACCOUNTING FEES AND SERVICES

 Audit Fees

 For the Company's fiscal years ended December
31, 2024 and 2023, we were billed approximately $134,720 and $37,000 for professional services rendered for the audit and review of our
financial statements.

 Audit Related Fees

 There were no fees for audit related services
for the years ended December 31, 2024 and 2023.

 Tax Fees

 For the Company's fiscal years ended December
31, 2024 and 2023, there were no fees for professional services rendered for tax compliance, tax advice, and tax planning.

 All Other Fees

 The Company did not incur any other fees related
to services rendered by our principal accountant for the fiscal years ended December 31, 2024 and 2023.

 Effective May 6, 2003, the SEC adopted rules that
require that before our independent registered public accounting firm is engaged by us to render any auditing or permitted non-audit related
service, the engagement be:

 approved by our audit committee; or

 entered into pursuant to preapproval policies and procedures established by the audit committee, provided
the policies and procedures are detailed as to the particular service, the audit committee is informed of each service, and such policies
and procedures do not include delegation of the audit committee's responsibilities to management.

 We do not have an audit committee. Our board of
directors preapproves all services provided by our independent registered public accounting firm. However, all of the above services and
fees were reviewed and approved by the board for the respective services were rendered.

 ITEM 15. EXHIBITS AND FINANCIAL STATEMENT SCHEDULES

 (a)

 Financial Statements and Financial Statement Schedules are set forth under Part II, Item 8 of this report.

 (b)

 Exhibits

 Other Schedules are omitted
because they are not applicable, not required, or because the required information is included in the Consolidated Financial Statements
or notes thereto.

 Exhibit No.

 Description

 2.1

 Notice of Entry of Order, Eight Judicial District Court, Clark County, Nevada, Case No.: A-18-774165-P dated 19 June 2018 (filed as an Exhibit to the Form 10-12G, filed on February 4, 2021, and incorporated herein by reference).

 2.2

 Notice of Entry of Order, Eight Judicial District Court, Clark County, Nevada, Case No.: A-18-774165-P dated 6 December 2018 (filed as an Exhibit to the Form 10-12G, filed on February 4, 2021, and incorporated herein by reference).

 2.3

 Share Exchange Agreement, dated March 2, 2020, by and between Uonlive Corporation and Asia Image Investing Limited (filed as an Exhibit to the Form 10-12G, filed on February 4, 2021, and incorporated herein by reference)

 3.1

 Articles of Incorporation of Weston International Development Corporation dated January 21, 1998 (filed as an Exhibit to the Form 10-12G, filed on February 4, 2021, and incorporated herein by reference)

 3.2

 Revised and Amended Articles of Incorporation of Txon International Development Corporation dated March 31, 1999 (filed as an Exhibit to the Form 10-12G, filed on February 4, 2021, and incorporated herein by reference)

 3.3

 Written Consent of the Shareholders of Txon International Development Corporation dated August 18, 2000 (filed as an Exhibit to the Form 10-12G, filed on February 4, 2021, and incorporated herein by reference)

 3.4

 Certificate of Amendment of Articles of Incorporation of Txon International Development Corporation dated September 15, 2000 (filed as an Exhibit to the Form 10-12G, filed on February 4, 2021, and incorporated herein by reference)

 3.5

 Certificate of Reinstatement dated September 6, 2002 (filed as an Exhibit to the Form 10-12G, filed on February 4, 2021, and incorporated herein by reference)

 3.6

 Certificate of Designation dated March 26, 2008 (filed as an Exhibit to the Form 10-12G, filed on February 4, 2021, and incorporated herein by reference)

 3.7

 Certificate of Amendment filed August 1, 2008 (filed as an Exhibit to the Form 10-12G, filed on February 4, 2021, and incorporated herein by reference)

 3.8

 Certificate of Amendment filed October 15, 2008 (filed as an Exhibit to the Form 10-12G, filed on February 4, 2021, and incorporated herein by reference)

 3.9

 Certificate of Amendment filed August 17, 2009 (filed as an Exhibit to the Form 10-12G, filed on February 4, 2021, and incorporated herein by reference)

 3.10

 Certificate of Reinstatement dated August 25, 2014 (filed as an Exhibit to the Form 10-12G, filed on February 4, 2021, and incorporated herein by reference)

 3.11

 Certificate of Reinstatement dated August 7, 2018 (filed as an Exhibit to the Form 10-12G, filed on February 4, 2021, and incorporated herein by reference)

 3.12

 Certificate of Amendment by Custodian filed September 10, 2018 (filed as an Exhibit to the Form 10-12G, filed on February 4, 2021, and incorporated herein by reference)

 3.13

 Certificate of Designation filed September 10, 2018 (filed as an Exhibit to the Form 10-12G, filed on February 4, 2021, and incorporated herein by reference)

 3.14

 Certificate of Change Pursuant to NRS 78.209 filed September 10, 2018 (filed as an Exhibit to the Form 10-12G, filed on February 4, 2021, and incorporated herein by reference)

 3.15

 Certificate of Amendment dated June 4, 2020 (filed as an Exhibit to the Form 10-12G, filed on February 4, 2021, and incorporated herein by reference)

 3.16

 Certificate of Amendment dated June 4, 2020 (filed as an Exhibit to the Form 10-12G, filed on February 4, 2021, and incorporated herein by reference)

 3.17

 Certificate of Amendment to Designation - After Issuance of Class or Series dated November 9, 2020 (filed as an Exhibit to the Form 10-12G, filed on February 4, 2021, and incorporated herein by reference)

 3.18

 Articles of Amendment to Articles of Incorporation, dated December 8, 2022

 3.19

 Amended and Restated Bylaws of the Company.

 General Contract for the Supply and Delivery of Goods, by and between the Company and Dongguan Gongxiang Tea Food Company Ltd., dated June 22, 2020 (filed as an Exhibit to the Form 10-12G, filed on February 4, 2021, and incorporated herein by reference)

 10.1

 Acquisition Agreement, dated September 30, 2024, filed as exhibit 2.1 to Form 8-K filed October 15, 2024 and
incorporated herein by reference.

 10.2

 Equity Exchange Agreement, dated September 30, 2024, filed as exhibit 2.2 to Form 8-K filed October 15, 2024
and incorporated herein by reference.

 21.1

 Subsidiaries (filed herewith)

 23.1

 Consent of Independent Auditor

 31.1

 Certification of the Chief Executive Officer pursuant to Rule 13a-14(a) or Rule 15d-14(a) under the Securities Exchange Act of 1934, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002

 31.2

 Certification of the Chief Financial Officer pursuant to Rule 13a-14(a) or Rule 15d-14(a) under the Securities Exchange Act of 1934, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002

 32.1

 Certification of the Chief Executive Officer pursuant to 18 U.S.C. 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002

 32.2

 Certification of the Chief Financial Officer pursuant to 18 U.S.C. 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002

 101.INS

 101.SCH

 101.CAL

 101.DEF

 101.LAB

 101.PRE

 SIGNATURES

 Pursuant to the requirements
of Section 13 or 15(d) of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this Report to be signed on
its behalf by the undersigned, thereunto duly authorized.

 Date: April 15, 2025

 By:

 /s/ Raymond Fu

 Chief Executive Officer (Principal Executive Officer)

 Date: April 15, 2025

 By:

 /s/ Raymond Fu

 Chief Financial Officer (Principal Financial and Principal Accounting Officer)

 Pursuant to the requirements
of the Securities Exchange Act of 1934, the following persons on behalf of the Registrant and in the capacities and on the dates indicated
have signed this report below.

 Name

 Title

 Date

 /s/ Raymond Fu

 /s/ Timothy Lam

 Timothy Lam

 /s/ Shiu Chung Chan

 Shiu Chung Chan

 /s/ Hok Hin Mui

 Hok Hin Mui

 /s/ Li Jiyong

 Li Jiyong

 /s/ Chun Leung Tso

 Chun Leung Tso

 Index to Consolidated Financial Statements

 Report of Independent Registered Public Accounting Firm (PCAOB ID: 3223)

 Consolidated Balance Sheets as of December 31, 2024 and December 31, 2023

 Consolidated Statements of Operations for the Years Ended December 31, 2024 and December 31, 2023

 Consolidated Statements of Changes in Stockholders' Equity for the Years Ended December 31, 2024 and December 31, 2023

 Consolidated Statements of Cash Flows for the Years Ended December 31, 2024 and December 31, 2023

 Notes to the Consolidated Financial Statements

 F- 1

 MERCURIUS & ASSOCIATES LLP

 +91 11 4559
 6689

 info@masllp.com

 www.masllp.com

 Report of Independent Registered Public Accounting
Firm

 To the Shareholders and Board of Directors
of Kuber Resources Corporation

 Opinion on the Financial Statements

 We have audited the accompanying consolidated
balance sheets of Kuber Resources Corporation and its subsidiaries (collectively, the "Company") as of December 31, 2024 and
2023, the related consolidated statements of income and comprehensive income, changes in shareholder's equity and cash flows, for
each of the two years in the period ended December 31, 2024, and the related notes (collectively referred to as the consolidated
financial statements). In our opinion, the consolidated financial statements present fairly, in all material respects, the financial
position of the Company as of December 31, 2024 and 2023, and the results of its operations and its cash flows for each of the two years
in the period ended December 31, 2024, in conformity with accounting principles generally accepted in the United States of America.

 We draw attention to the following matters as
disclosed in the notes to the consolidated financial statements:-

 A.

 Unissued VAT invoices

 Note 14(c) regarding Unissued VAT invoices, wherein,
during the FY 2024, due to the rules imposed by the Chinese local authorities on newly established companies, which limited the issuance
of VAT invoices per month. Consequently, the Kuber Resources (Guangdong) Co., (the subsidiary) was not able to issue VAT invoices for
all its sales. As of December 31, 2024, the Company had issued a total of $375,582 in VAT invoices for its sales, leaving $3,452,729 in
sales unissued. The Company has submitted a request to increase the allowable VAT invoice amounts and is currently awaiting approval.
Upon receiving approval, the unissued VAT invoices of $ 3,452,729 will be issued.

 B.

 Restriction on cash disbursement on bank account

 Note 14(d) regarding restrictions imposed by the
bank on new bank accounts of Kuber Resources (Guangdong) Co., (the subsidiary), by limiting its cash receipts/disbursement. In order to
avoid disruption to the business operations, the Company has engaged a related party, Shenzhen Guangfeng High Performance Wood Products
Technology Co., Ltd. (formerly Shenzhen Junfeng Wood Chain Network Technology Co., Ltd), to collect sales revenues on behalf of the Company.

 As of December 31, 2024, the Company had an outstanding
receivable of $71,332 from the related party as a result of this arrangement. These receivables represent funds collected on behalf of
the Guangdong, but not yet remitted to its bank account as at year ended December 31, 2024. Subsequently, the Company receive the funds
of $ 71,332 in its bank account from Shenzhen Junfeng Wood Chain Network Technology Co., Ltd.

 Our opinion is not modified in respect of above
matters.

 LLPIN-AAG-1471

 A-94/8, Wazirpur Industrial Area

 New Delhi-110052, India

 Basis for Opinion

 These consolidated financial statements are the
responsibility of the Company's management. Our responsibility is to express an opinion on the Company's consolidated financial
statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United
States) ( PCAOB) and are required to be independent with respect to the Company in accordance with the U.S. federal securities
laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.

 We conducted our audits in accordance with the
standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the consolidated
financial statements are free of material misstatement, whether due to error or fraud. The Company is not required to have, nor were we
engaged to perform, an audit of its internal control over financial reporting. As part of our audits, we are required to obtain an understanding
of internal control over financial reporting but not for the purpose of expressing an opinion on the effectiveness of the Company's
internal control over financial reporting. Accordingly, we express no such opinion.

 Our audits included performing procedures to assess
the risks of material misstatement of the consolidated financial statements, whether due to error or fraud, and performing procedures
that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the
consolidated financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by
management, as well as evaluating the overall presentation of the consolidated financial statements. We believe that our audits provide
a reasonable basis for our opinion.

 Critical Audit Matters

 Critical Audit matters are matters arising from
the current period audit of the consolidated financial statements that were communicated or required to be communicated to the audit committee
and that: (1) relate to accounts or disclosures that are material to the consolidated financial statements and (2) involved our especially
challenging, subjective or complex judgments. We determined that there are no critical audit matters.

 Mercurius & Associates LLP

 We have served as the Company's auditor
since 2019.

 New Delhi, India

 F- 2

 Consolidated Balance Sheets

 As of December 31, 2024 and 2023

 2024

 2023

 ASSETS

 Current Assets

 Cash and cash equivalents

 $

 104,322

 $

 143,860

 Accounts receivable, net

 1,310,083

 1,102,097

 Advances to suppliers

 -

 1,087,590

 Inventory, net

 226,227

 -

 Due from related parties

 4,213,269

 1,110,135

 Other receivables and current assets

 35,556

 29,617

 Total Current Assets

 5,889,457

 3,473,299

 Non-Current Assets

 Property, plant and equipment, net

 295,567

 13,907

 Intangible assets, net

 1,594,993

 2,069,849

 Other non-current assets

 3,620

 -

 Operating lease right of use asset, net

 69,191

 154,316

 Total Non-Current Assets

 1,963,371

 2,238,072

 Total Assets

 7,852,828

 5,711,371

 LIABILITIES AND SHAREHOLDERS' EQUITY

 Current Liabilities

 Accounts payable and accrued expenses

 2,551,672

 358,441

 Other payables

 -

 3,518

 Due to related parties

 -

 261,385

 Taxes payable

 675,450

 570,494

 Advances from customers

 91,899

 183,811

 Operating lease liabilities - current

 48,374

 131,536

 Total Current Liabilities

 3,367,395

 1,509,185

 Non-Current Liabilities

 Operating lease liabilities - non-current

 32,095

 28,208

 Total Non-Current Liabilities

 32,095

 28,208

 Total Liabilities

 3,399,490

 1,537,393

 Commitments and Contingencies

 -

 -

 Shareholders' Equity

 Series A Convertible Preferred stock, par value $0.001 per share; 2,000,000 shares authorized; 520,000 shares issued and outstanding at December 31, 2024 and 2023

 Series B Convertible Preferred stock, par value $0.001 per share; 1,000,000 shares authorized; Nil and 150,000 shares issued and outstanding at December 31, 2024 and 2023

 -

 Preferred stock, par value $0.001 per share; 10,000,000 shares authorized; 500,000 shares issued and outstanding at December 31, 2024 and 2023

 Common stock, par value $0.0001; 500,000,000 shares authorized; 132,612,342 shares issued and outstanding at December 31, 2024 and 2023

 Additional paid-in capital

 6,125,624

 6,125,474

 Statutory reserves

 316,753

 -

 Accumulated loss

 (1,998,366

)

 (2,067,880

)

 Accumulated other comprehensive loss

 (124,306

)

)

 Total Shareholders' Equity

 4,453,338

 4,173,978

 Total Liabilities and Shareholders' Equity

 $

 7,852,828

 $

 5,711,371

 The accompanying notes are an integral part of these audited consolidated financial statements.

 F- 3

 Consolidated Statements of Income and Comprehensive
Income

 For the Years ended December 31, 2024 and 2023

 2024

 2023

 Revenues, net

 $

 3,920,223

 $

 2,249,288

 Cost of revenues

 426,587

 Gross profit

 3,493,636

 2,049,932

 Operating expenses:

 Selling and marketing expense

 6,203

 9,638

 General and administrative expenses

 2,516,461

 349,538

 Total operating expenses

 2,522,664

 359,176

 Income from operations

 970,972

 1,690,756

 Other income (loss):

 Interest income

 1,029

 Other income (expense), net

 3,501

 -

 Loss from disposal of subsidiary

 (416,896

)

 -

 Total income (loss)

 (412,366

)

 Income before income tax

 558,606

 1,691,003

 Income tax expense

 172,339

 473,047

 $

 $

 Weighted average shares outstanding

 Basic

 Diluted

 205,972,998

 283,132,342

 Earnings per share

 Basic

 $

 0.0029

 $

 0.0092

 Diluted

 $

 0.0019

 $

 0.0043

 Comprehensive income (loss):

 $

 $

 Other comprehensive income (loss):

 Foreign currency translation adjustment

 (106,907

)

)

 Total comprehensive income

 $

 279,360

 $

 1,200,557

 The accompanying notes are an integral part of these audited consolidated financial statements.

 F- 4

Consolidated Statements of Changes in Shareholders' Equity

For the Years ended December 31, 2024 and 2023

 Series A Convertible

 Series B Convertible

 Accumulated

 Preferred
 Stock

 Preferred
 Stock

 Preferred
 Stock

 Common
 Stock

 Additional

 other

 Paid-in

 Statutory

 Accumulated

 Comprehensive

 Amount

 Amount

 Amount

 Amount

 Capital

 Reserves

 Loss

 Loss

 Total

 Balance at December 31, 2022

 $

 150,000

 $

 500,000

 $

 132,606,582

 $
 132,607

 $
 3,924,665

 $
 -

 $
 (3,285,836
)

 $
 -

 $
 772,606

 Shares issued for services

 5,760

 30,171

 30,177

 Capital contribution with intangible asset

 2,170,638

 2,170,638

 -

 -

 -

 -

 -

 -

 Foreign currency translation adjustment

)

)

 Balance at December 31, 2023

 150,000

 500,000

 6,125,474

 -

 (2,067,880
)

)

 4,173,978

 Balance at December 31, 2023

 150,000

 500,000

 6,125,474

 -

 (2,067,880
)

)

 4,173,978

 Cancellation of Series B Convertible Preferred Stock

 (150,000
)

 (150
)

 -

 -

 -

 -

 -

 -

 Appropriations to statutory reserves

 316,753

 (316,753
)

 -

 Foreign currency translation adjustment

 (106,907
)

 (106,907
)

 Balance at December 31, 2024

 -

 -

 500,000

 6,125,624

 316,753

 (1,998,366
)

 (124,306
)

 4,453,338

 The accompanying notes are an integral part
of these audited consolidated financial statements.

 F- 5

 Consolidated Statements of Cash Flows

 For the Years ended December 31, 2024 and 2023

 2024

 2023

 Cash flows from operating activities

 $

 $

 Adjustments to reconcile net income to net cash provided by (used in) operating activities

 Depreciation and amortization expense

 435,037

 91,548

 Amortization of operating lease ROU assets

 100,112

 60,286

 Loss from disposal of subsidiary

 416,896

 -

 Gain from termination of lease

 (3,501
)

 -

 Stock-based compensation

 -

 30,177

 Impairments of assets

 13,804

 -

 Changes in assets and liabilities

 Increase in accounts receivable

 (240,549
)

 (1,102,097
)

 Increase in inventories

 (229,765
)

 -

 Increase in due from relates parties

 (3,134,336
)

 (1,054,963
)

 Increase in prepaid expense and other current assets

 (5,966
)

 (25,617
)

 Decrease in advances from customer

 (91,912
)

 -

 Increase in accounts payable and accrued expenses

 2,280,486

 227,969

 Increase in other payable and taxes payable

 81,398

 574,012

 Decrease in contract liability

 -

 (91,911
)

 Increase in due to related parties

 -

 114,078

 (Decrease) increase in operating lease liabilities

 (90,625
)

 159,744

 Net cash provided by (used in) operating activities

 (82,656
)

 201,182

 Cash flows from investing activities

 Purchase of fixed assets

 (311,564
)

 (14,376
)

 Increase in ROU

 -

 (154,316
)

 Net cash used in investing activities

 (311,564
)

 (168,692
)

 Cash flows from financing activities

 Proceeds from related party payables

 396,280

 -

 Net cash provided by (used in) financing activities

 396,280

 -

 Net increase of cash and cash equivalents

 2,060

 32,490

 Effect of foreign currency translation on cash and cash equivalents

 (173
)

 2,183

 Cash and cash equivalents – beginning

 143,860

 109,187

 Less: cash and cash equivalents of disposed subsidiary

 (41,425
)

 -

 Cash and cash equivalents – ending

 $
 104,322

 $
 143,860

 Supplementary cash flow information:

 Interest paid

 $
 -

 $
 -

 Income taxes paid

 $
 -

 $
 -

 Non-cash financing and investing activities:

 Income taxes payables

 $
 -

 $
 473,047

 Recognized ROU assets through lease liabilities

 $
 36,843

 $
 154,613

 The accompanying notes are an integral part of these audited consolidated
financial statements.

 F- 6

 KUBER RESOURCES CORPORATION

 NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

 FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023

 Note 1 – Organization and Nature of Business

 Kuber Resources Corporation formerly known
as Uonlive Corporation ("KUBR" or the "Company") was incorporated under the laws of the State of Nevada on January
29, 1998 as Weston International Development Corporation. On July 28, 1998, its name was changed to Txon International Development Corporation.
On September 15, 2000, the Company changed its name to China World Trade Corporation. On July 2, 2008, the Company further changed its
name to Uonlive Corporation.

 The Company ceased its former operations in
early 2015. The Company has fully impaired all assets since the shutdown of its operations in 2015 and has recorded the effects of this
impairment as part of its discontinued operations.

 On June 15, 2018, the eight judicial District
Court of Nevada appointed Small Cap Compliance, LLC as custodian for Uonlive Corporations, proper notice having been given to the officers
and directors of Uonlive Corporation and there was no opposition.

 On September 10, 2019, the Company filed a certificate
of revival with the state of Nevada, appointing Raymond Fu as, President, Secretary, Treasurer and Director.

 On March 2, 2020, the Company entered into a Definitive
Share Agreement whereby Raymond Fu, the sole shareholder of Asia Image Investment Limited ("Asia Image"), relinquished all
his shares in Asia Image and acquired 100,000 shares of the Company. Consequently, Asia Image became a wholly-owned subsidiary of the
Company.

 Since the major shareholder of the Company retained
control of both the Company and Asia Image, the share exchange was accounted for as a reverse merger. As such, the Company recognized
the assets and liabilities of Asia Image, acquired in the Reorganization, at their historical carrying amounts.

 On November 7, 2022, the Company acquired
all shares of Kuber Resources (Hong Kong) Limited ( Kuber HK) from GRL21 Nominee Limited for one Hong Kong dollar (HKD1.00).
Consequently, Kuber HK became a wholly-owned subsidiary of the Company. Kuber HK, formerly known as Star Wise Limited, was established
in Hong Kong on October 21, 2022. It officially changed its name to Kuber Resources (Hong Kong) Limited on November 1, 2022, which has
not commenced any operations since its inception. The acquisition of Kuber HK aims to diversify the Company's business portfolio beyond
its current focus on international commodities trading conducted by Asia Image Limited.

 On December 8, 2022, the Company filed
Articles of Amendment (the "Articles of Amendment") to its Articles of Incorporation, as amended, with the Secretary of Nevada
to change the Company's corporate name to Kuber Resources Corporation (the "Name Change"). In
connection with the Name Change, the Company's has changed its ticker symbol from "UOLI" to the new ticker symbol "KUBR"
(the "Symbol Change"). There is no change in the CUSIP number of the Company's common stock in connection with the Name
Change and Symbol Change. As previously reported, the majority of issued and outstanding shares approved the Name Change and
Symbol Change on September 15, 2022 by written consent.

 The
Financial Industry Regulatory Authority ("FINRA ") announced the
effectiveness of the Name Change and Symbol Change on December 9, 2022, which became effective in the market and for trading
under the new name and ticker symbol on December 12, 2022.

 The
Name Change and Symbol Change do not affect the rights of the Company's security holders. The Company's common stock will
continue to be quoted on OTC Markets. Following the Name Change, the stock certificates, which reflect the former name of the Company,
will continue to be valid and need not be exchanged. Any certificates reflecting the Name Change will be issued in due course as old stock
certificates are tendered for exchange or transfer to the Company's transfer agent.

 On September 18, 2023, the Company acquired all shares of Grayscale
Investment (Asia) Limited ( Grayscale HK) from unrelated parties for two Hong Kong dollars (HKD 2.00) per share, along with
its subsidiary. Consequently, Grayscale HK became a fully-owned subsidiary of the Company. Grayscale HK was established in Hong Kong on
September 31, 2021, which has not commenced any operations since its inception. Grayscale Investment (ShenZhen) Limited ( Grayscale
WOFE) was established on November 1, 2021, as a wholly foreign-owned entity in the People's Republic of China ( PRC).
Grayscale WOFE is wholly owned by Grayscale HK.

 F- 7

 The aforementioned transaction
has been accounted for in accordance with the provisions of ASC 805, Business Combinations, and the related fair value adjustments have
been recorded as of the acquisition date. The Company did not record any goodwill or intangible assets related to the transaction, as
the acquisition consideration equaled the fair value of the identifiable net assets acquired.

 On October 17, 2023, the Company through its wholly owned subsidiary,
incorporated Kuber Resources (Guangdong) Co., Ltd. ("Kuber Guangdong) as a wholly owned subsidiary of Graysacle WOFE in Guangdong,
PRC. Kuber Guangdong 's scope of business includes manufacturing, sales and distribution of
wood panels, as well as providing formaldehyde treatment services.

 On September 25, 2024, the Company disposed its wholly-owned subsidiary,
Asia Image, to a related party for total consideration of cash HKD3,900,000 (approximately $500,760).

 KUBR and its subsidiaries Kuber HK, Grayscale HK, Grayscale WOFE, Kuber
Guangdong shall be collectively referred throughout as the "Company".

 Note 2 – Summary of significant accounting policies

 Basis of Presentation

 The financial
statements of the Company have been prepared in accordance with generally accepted accounting principles in the United States of America
("US GAAP").

 The Company has a fiscal year end of December
31.

 Principles of Consolidation

 The Company prepares its consolidated financial statements
on the accrual basis of accounting. The accompanying consolidated financial statements include the accounts of the Company and its wholly
owned subsidiaries. All intercompany accounts, balances and transactions have been eliminated in the consolidation.

 Use of Estimates

 The preparation of the financial statements in
conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported
amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the
reported amount of revenues and expenses during the reporting period. Management makes its best estimate of the outcome for these items
based on information available when the financial statements are prepared. Actual results could differ from those estimates.

 Functional and presentation currency

 The functional currency of the Company is the
currency of the primary economic environment in which the Company operates.

 The currency in which companies in China operate
is the Chinese Yuan ("RMB"). The RMB is not freely convertible into the US dollar and may be subject to PRC currency restrictions
for payments, including the distributions of dividends or retained earnings to the Company by its subsidiaries or its variable interest
entities.

 Transactions in currencies other than the entity's
functional currency are recorded at the rates of exchange prevailing on the date of the transaction. At the end of each reporting period,
monetary items denominated in foreign currencies are translated at the rates prevailing at the end of the reporting periods. Exchange
differences arising on the settlement of monetary items and on translation of monetary items at period-end are included in income statement
of the period.

 For the purpose of presenting these financial
statements, the Company's assets and liabilities are expressed in US$ at the exchange rate on the balance sheet date, stockholder's
equity accounts are translated at historical rates, and income and expense items are translated at the weighted average exchange rate
during the period. The resulting translation adjustments are reported under accumulated other comprehensive income (loss) in the stockholder's
equity (deficits) section of the balance sheets.

 Exchange rates used for the translation are as
follows:

 Exchange rate used for the translation

 US$ to RMB

 Period End

 Average

 December 31, 2024

 7.29810

 7.18572

 December 31, 2023

 7.01700

 N/A

 F- 8

 US$ to HKD

 Period End

 Average

 December 31, 2024

 7.76350

 7.80274

 December 31, 2023

 7.81005

 N/A

 Cash and Cash Equivalents

 For purposes of reporting within the statements
of cash flows, the Company considers all cash on hand, cash accounts not subject to withdrawal restrictions or penalties, and all highly
liquid debt instruments purchased with a maturity of three months or less to be cash and cash equivalents.

 Accounts Receivables

 Accounts receivables are recorded at the net value
less estimates for expected credit losses. Management regularly reviews outstanding accounts and provides an allowance for doubtful accounts.
When collection of the original invoice amounts is no longer probable, the Company will either partially or fully write-off the balance
against the allowance for doubtful accounts.

 Property and Equipment
& Depreciation

 Property
and equipment are stated at historical cost net of accumulated depreciation. Expenditures that improve the functionality of the related
asset or extend the useful life are capitalized. When property and equipment is retired or otherwise disposed of, the related gain or
loss is included in operating income. Leasehold improvements are depreciated on the straight-line method over the shorter of the remaining
lease term or estimated useful life of the asset. Property and equipment are depreciated on a straight-line basis over the following
periods:

 Schedule of intangible assets

 Leasehold improvements

 2 years

 Office furniture and equipment

 3 years

 Intangible Assets &
Amortization

 Intangible
assets are stated at historical cost net of accumulated amortization. Intangible assets are depreciated on a straight-line basis over
the following periods:

 Schedule of intangible assets

 Intellectual Property License

 5 years

 Impairment
of Long-Lived Assets

has adopted Accounting Standards Codification subtopic 360-10, Property, Plant and Equipment ("ASC 360-10"). ASC 360-10 requires
that long-lived assets and certain identifiable intangibles held and used by the Company be reviewed for impairment whenever events or
changes in circumstances indicate that the carrying amount of an asset may not be recoverable. The Company evaluates its long-lived assets
for impairment annually or more often if events and circumstances warrant. Events relating to recoverability may include significant unfavorable
changes in business conditions, recurring losses, or a forecasted inability to achieve breakeven operating results over an extended period.
The Company evaluates the recoverability of long-lived assets based upon forecasted undiscounted cash flows. Should impairment in value
be indicated, the carrying value of intangible assets will be adjusted, based on estimates of future discounted cash flows resulting from
the use and ultimate disposition of the asset. ASC 360-10 also requires assets to be disposed of be reported at the lower of the carrying
amount or the fair value less costs to sell.

 Contract
Liability

records customer advances as liabilities when consideration is received in advance of the transfer of goods. These advances are recognized
as revenue when the performance obligations associated with the advance are satisfied. These advances relate to the advance payment for
orders of goods placed by the customers.

 Employee Stock-Based Compensation

 The Company accounts for stock-based compensation
in accordance with ASC 718 Compensation - Stock Compensation ("ASC 718"). ASC 718 addresses all forms of share-based payment
("SBP") awards including shares issued under employee stock purchase plans and stock incentive shares. Under ASC 718 awards
result in a cost that is measured at fair value on the awards' grant date, based on the estimated number of awards that are expected
to vest and will result in a charge to operations.

 F- 9

 Revenue Recognition

 The Company recognizes revenue to depict the transfer
of promised goods or services to customers in an amount that reflects the consideration to which the Company expects to receive in exchange
for those goods or services as per the contract with the customer. As a result, the Company accounts for revenue contracts with customers
by applying the requirements of Accounting Standards Codification Topic 606, Revenue from Contracts with Customers, which includes the
following steps:

 Identify the contract(s), and subsequent amendments with the customer.

 Identify all the performance obligations in the contract and subsequent amendments.

 Determine the transaction price for completing performance obligations.

 Allocate the transaction price to the performance obligations in the contract.

 Recognize the revenue when, or as, the Company satisfies a performance obligation.

 The Company considers contract modification as
a change in the scope or price (or both) of a contract that is approved by the parties. The parties describe contract modification as
a change order, a variation, or an amendment. A contract modification exists when the parties to the contract approve a modification that
either creates new or changes existing enforceable rights and obligations of the parties to the contract. The Company assumes a contract
modification when approved in writing, by oral agreement, or implied by the customary business practice of the customer. If the parties
to the contract have not approved a contract modification, the Company continues to apply the guidance to the existing contract until
the contract modification is approved. The Company recognizes contract modification in various forms – including but not limited
to partial termination, an extension of the contract term with a corresponding increase in price, adding new goods and/or services to
the contract, with or without a corresponding change in price, and reducing the contract price without a change in goods or services promised.

 Sales of goods

 The Company manufactures wood panels which it
sells to customers.

 Revenue recognition occurs upon the following
events: when a customer places an order, payment is received, and the goods are delivered to or drop-shipped to and accepted by the customer.
Provisions are made for estimated sales returns based on historical return rates and experience which are immaterial. The Company may
record contract liabilities, such as customer advances, when payments are received from customers prior to delivery or acceptance of goods
by customers.

 Formaldehyde
treatment services

provides formaldehyde removal services.

 Revenue
recognition occurs when (or as) the Company satisfies its performance obligations by providing the formaldehyde removal services to the
customer and collectability can be reasonably assured. This typically occurs when the services are completed and the customer is able
to use and benefit from them. The Company may record contract liabilities, such as customer advances, when payments are received
from customers prior to delivery or acceptance of goods by customers. If the contract includes multiple
performance obligations, the transaction price should be allocated to each obligation based on its relative standalone selling price.

 Advertising Costs

 All costs related to advertising are expensed
in the period incurred. Advertising costs charged to operations were $nil and $nil, for the years
ended December 31, 2024 and 2023, respectively.

 Provision for Income Taxes

 The provision for income taxes is determined using
the asset and liability method. Under this method, deferred tax assets and liabilities are calculated based upon the temporary differences
between the consolidated financial statement and income tax bases of assets and liabilities using the enacted tax rates that are applicable
in each year.

 The Company utilizes a two-step approach to recognizing
and measuring uncertain tax positions ("tax contingencies"). The first step is to evaluate the tax position for recognition
by determining if the weight of available evidence indicates it is more likely than not that the position will be sustained on audit,
including resolution of related appeals or litigation processes. The second step is to measure the tax benefit as the largest amount,
which is more than 50% likely to be realized upon ultimate settlement.

 The Company considers many factors when evaluating
and estimating its tax positions and tax benefits, which may require periodic adjustments, and which may not accurately forecast actual
outcomes. The Company includes interest and penalties related to tax contingencies in the provision of income taxes in the consolidated
statements of operations. Management of the Company does not expect the total amount of unrecognized tax benefits to change in the next
twelve months significantly.

 F- 10

 Earnings
Per Share

computes basic and diluted earnings per share amounts in accordance with ASC Topic 260, Earnings per Share. Basic earnings per share is
computed by dividing net income (loss) available to common shareholders by the weighted average number of common shares outstanding during
the reporting period. Diluted earnings per share reflects the potential dilution that could occur if stock options and other commitments
to issue common stock were exercised or equity awards vest resulting in the issuance of common stock that could share in the earnings
of the Company.

 There are 50,000,000 potential dilutive shares
of common stock from the Series A preferred stock. The potentially dilutive instruments were excluded as such shares would be anti-dilutive
in a period in which a net loss is recorded.

 Contingencies

 Certain
conditions may exist as of the date the financial statements are issued, which could result in a loss to the Company which will be resolved
when one or more future events occur or fail to occur. The Company's management assesses such contingent liabilities, and such assessment
inherently involves judgment. In assessing loss contingencies arising from legal proceedings pending against the Company or unasserted
claims that may rise from such proceedings, the Company's management evaluates the perceived merits of any legal proceedings or
unasserted claims as well as the perceived merits of the amount of relief sought or expected to be sought.

 If the assessment
of a contingency indicates it is probable a material loss will be incurred and the amount of the loss can be reasonably estimated, then
the estimated loss is accrued in the Company's financial statements. If the assessment indicates a material loss contingency is
not probable but is reasonably possible, or is probable but cannot be estimated, then the nature of the contingent liability, together
with an estimate of the range of possible loss if determinable and material would be disclosed.

 Fair Value Measurements

 Fair value accounting establishes a framework for measuring fair value
and expands disclosure about fair value measurements. Fair value, which is defined as the price that would be received to sell an asset
or paid to transfer a liability in an orderly transaction between market participants at the measurement date. This framework provides
a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value into three levels as follows:

 -
 Level 1 inputs to the valuation methodology are quoted prices (unadjusted) for identical assets or liabilities in active markets.

 -
 Level 2 inputs to the valuation methodology include quoted prices for similar assets and liabilities in active markets, and inputs
that are observable for the assets or liabilities, either directly or indirectly, for substantially the full term of the financial instruments.

 -
 Level 3 inputs to the valuation methodology are unobservable and significant to the fair value.

 The Company's financial instruments consisted of cash, accounts
payable, contract liabilities and loan from a shareholder. The estimated fair value of those balances approximates the carrying amount
due to the short maturity of these instruments.

 Segment Reporting

 ASC 280, Segment Reporting, establishes standards
for companies to report in the financial statements information about operating segments, products, services, geographic areas, and major
customers. Operating segments are defined as components of an enterprise engaging in businesses activities for which separate financial
information is available that is regularly evaluated by the Company's chief operating decision makers in deciding how to allocate
resources and assess performance. The Company's chief operating decision maker ("CODM") has been identified as the Chief
Executive Officer, who reviews consolidated results including revenue, gross profit and operating profit at a consolidated level only.
The Company does not distinguish between markets for the purpose of making decisions about resources allocation and performance assessment.
Therefore, the Company has only one operating segment and one reportable segment.

 Recent Accounting Pronouncements

 In March 2024, the FASB issued ASU 2024-01, Compensation
– Stock Compensation. This ASU clarifies how to determine whether profits interest and similar awards should be accounted for as
share-based payment arrangements. The ASU is effective in reporting periods beginning after December 15, 2024, including interim periods
within the fiscal year, on a prospective or retrospective basis. Early adoption is permitted. The Company is currently evaluating the
impact that adoption of this accounting standard will have on its consolidated financial statements and disclosures.

 F- 11

 In November 2023, the FASB issued
ASU 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures, which requires disclosure of incremental segment
information on an annual and interim basis, primarily through enhanced disclosures of significant segment expenses. The guidance will
be effective for fiscal years beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15,
2024 and requires retrospective application to all periods presented upon adoption, with early adoption permitted. T he adoption
of this standard resulted in enhanced segment disclosures, including the presentation of significant segment expenses, but did not have
an impact on the Company's consolidated financial position, results of operations, or cash flows.

 In December 2023, the FASB issued
ASU 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures, which requires disclosure of incremental income tax information
within the rate reconciliation and expanded disclosures of income taxes paid, among other disclosure requirements. The guidance will be
effective for fiscal years beginning after December 15, 2024, with early adoption permitted. The Company is currently evaluating the impact
that the adoption of this guidance will have on its consolidated financial statements and related disclosures.

 Note 3- Going Concern

 The Company has an accumulated deficit of $1,998,366
and working capital of $2,522,062 as of December 31, 2024. The accompanying consolidated financial statements have been prepared assuming
the continuation of the Company as a going concern. The Company has started to generate revenues but has yet to established an ongoing
source of revenues sufficient to cover its operating costs and is dependent on debt and equity financing to fund its operations. Management
of the Company is making efforts to raise additional funding until a registration statement relating to an equity funding facility is
in effect. While management of the Company believes that it will be successful in its capital formation and planned operating activities,
there can be no assurance that the Company will be able to raise additional equity capital or be successful in the development and commercialization
of the products it develops or initiates collaboration agreements thereon. The accompanying financial statements do not include any adjustments
to reflect the possible future effects on the recoverability and classification of assets or the amounts and classification of liabilities
that may result from the possible inability of the Company to continue as a going concern.

 Note
4 – Accounts receivables, net

 Accounts
receivables, net is comprised of the following:

 Schedule of accounts receivables, net

 2024

 2023

 Accounts receivables

 1,310,083

 1,102,097

 Allowance for doubtful accounts

 -

 -

 Total, net

 1,310,083

 1,102,097

 Bad debt
expense (recoveries) was $nil and $nil for the years ended December 31, 2024 and 2023, respectively.

 Note
5 - Inventory, net

 Inventory,
net comprised of the following:

 Schedule of inventory

 2024

 2023

 Raw materials

 213,236

 -

 Finished goods

 12,991

 -

 226,227

 -

 Less: Obsolete/write-down inventory

 -

 -

 Total, net

 226,227

 -

 No inventory obsolescence or
write-downs were recognized for the years ended December 31, 2024 and 2023, respectively.

 F- 12

 Note
6 - Property and equipment, net

 Property
and equipment, net comprised of the following:

 Schedule of property and equipment, net

 2024

 2023

 At Cost:

 Equipment

 304,434

 1,288

 Leasehold improvement

 13,803

 Furniture and fixtures

 305,006

 16,192

 Less: Accumulated depreciation

 (9,439
)

 (2,285
)

 Total, net

 295,567

 13,907

 Depreciation
expense was $7,800 and $1,105 for the years ended December 31, 2024 and 2023, respectively.

 Note
7 – Intangible assets, net

 Intangible
asset, net comprised of the following:

 Intangible assets, net

 2024

 2023

 At Cost:

 Intellectual Property License

 2,159,842

 2,159,842

 2,159,842

 2,159,842

 Less: Accumulated amortization/ Forex Adjustment

 (564,849
)

 (89,993
)

 Total, net

 1,594,993

 2,069,849

 Amortization
expense was $427,237 and $89,993 for the years ended December 31, 2024 and 2023, respectively. No impairment loss was recognized for the
years ended December 31, 2024 and 2023, respectively.

 The intellectual property license comprises of
a five-year non-exclusive license to utilize certain intellectual property pertaining to wood panel manufacturing within China.

 Note 8 – Related party transactions

 Related
parties receivables comprised of the following:

 Related parties receivables

 2024

 2023

 Shenzhen Guangfeng High Performance Wood Products Technology Co., Ltd (1)

 $
 71,332

 $
 1,110,136

 Gongfa (Guangdong) New Material Technology Co., Ltd. (2)

 4,095,806

 -

 Mr. Raymond Fu (3)

 46,131

 -

 Total

 $
 4,213,269

 $
 1,110,136

 (1)
 Amounts receivable from Shenzhen Guangfeng High Performance Wood Products Technology Co., Ltd formerly Shenzhen Junfeng Wood Chain
Network Technology Co., Ltd., where Mr. Li JiYong serves as the legal representative, comprised of receivables for funds collected on
behalf of the Company.

 (2)
 Amounts receivable from Gongfa (Guangdong) New Material Technology Co., Ltd., where Mr. Li JiYong is a significant shareholder of
the entity and serves as the director of the entity, comprised of amounts advanced for the purpose of acquiring 61% equity interest in
the said entity for which the transaction has not been finalized.

 (3)
 Amounts receivable from Mr. Raymond Fu, CEO, d irector and controlling shareholder of
the Company, comprised of proceeds receivable from the sale of a disposed subsidiary, which are netted against the advances Mr. Fu made
to the Company to support its working capital.

 The balances above are unsecured, non-interest bearing and it is repayable
on demand.

 F- 13

 Related
parties payables comprised of the following:

 Related parties payables

 2024

 2023

 Mr. Li JiYong (1)

 $
 -

 $

 Uonlive (HK) Ltd (2)

 -

 10,828

 Mr. Raymond Fu (3)

 -

 178,784

 Jinyang (HK) Assets Mgt. Ltd (4)

 -

 54,143

 Mr. Wang QingJian (5)

 -

 17,588

 Total

 $
 -

 $
 261,385

 (1)
 Amounts payable to Mr. Li JiYong, the legal Representative of the Company, comprised of advances made to the Company for working capital
purposes.

 (2)
 Amounts payable to Uonlive (HK) Ltd., with Mr. Raymond Fu as an indirect beneficial owner, comprise of advances
made to the Company for working capital purposes.

 (3)
 Amounts payable to Mr. Raymond Fu, CEO, d irector and controlling shareholder of the Company,
comprised of advances made to the Company for working capital purposes.

 (4)
 Amounts payable to Jinyang (HK) Assets Management Ltd., with Mr. Raymond Fu as the beneficial owner, comprise
of advances made to the Company for working capital purposes.

 (5)
 Amounts payable to Mr. Wang QingJian, COO of the Company, comprised of amounts payable for formaldehyde removal services.

 The balances above are unsecured, non-interest bearing and it is repayable
on demand.

 Note 9 – Equity

 Preferred Stock

 The Company has authorized 10,000,000 shares of
Preferred Stock, $0.001 par value, of which 2,000,000 shares are designated as Series A Convertible Preferred Stock, and 1,000,000 shares
of Series B Convertible Preferred Stock, the rights and preferences of which are discussed below

 Series A Convertible Preferred Stock

 The Company has designated and is authorized to
issue 2,000,000 shares are Series A Convertible Preferred Stock, $0.001 par value. The Series A Preferred Stock shall vote on any matter
that may from time to time be submitted to the Company's shareholders for a vote, on a one for one basis. If the Company effects
a stock split which either increases or decreases the number of shares of Common Stock outstanding and entitled to vote, the voting rights
of the Series A shall not be subject to adjustment unless specifically authorized.

 Each share of Series A Convertible Preferred Stock shall be convertible
into one share of Common Stock ("Conversion Ratio"), at the option of a Holder, at any time and from time to time, from and
after the issuance of the Series A Preferred Stock.

 In the event of any liquidation, dissolution or winding up of the Corporation,
either voluntary or involuntary, subject to the rights of any existing series of Preferred Stock or to the rights of any series of Preferred
Stock which may from time to time hereafter come into existence, the holders of the Series A Preferred Stock shall be entitled to receive,
prior and in preference to any distribution of any of the assets of the Corporation to the holders of Common Stock by reason of their
ownership thereof, an amount per share equal to the price per share actually paid to the Corporation upon the initial issuance of the
Series A Preferred Stock (each, the "the Original Issue Price") for each share of Series A Preferred Stock then held by them,
plus declared but unpaid dividends. Unless the Corporation can establish a different Original Issue Price in connection with a particular
sale of Series A Preferred Stock, the Original issue price shall be $0.001 per share for the Series A Preferred Stock.

 As of December 31, 2024 and 2023, the Company
has 520,000 Series A Convertible preferred shares issued and outstanding.

 Series B Convertible Preferred Stock

 The Company has designated and is authorized to
issued 1,000,000 shares of Series B Convertible Preferred Stock, $0.001 par value.

 Each share of Series B convertible Preferred Stock
shall have a par value of $0.001 per share. The Series B Preferred Stock shall vote on any matter that may from time to time be submitted
to the Company's shareholders for a vote, on a 1,000 for one basis. If the Company effects a stock split which either increases
or decreases the number of shares of Common Stock outstanding and entitled to vote, the voting rights of the Series A shall not be subject
to adjustment unless specifically authorized.

 Each share of Series B Convertible Preferred Stock
shall be convertible into 1,000 shares of Common Stock ("Conversion Ratio"), at the option of a Holder, at any time and from
time to time, from and after the issuance of the Series C Preferred Stock.

 In the event of any liquidation, dissolution or
winding up of the Corporation, either voluntary or involuntary, subject to the rights of any existing series of Preferred Stock or to
the rights of any series of Preferred Stock which may from time to time hereafter come into existence, the holders of the Series B Preferred
Stock shall be entitled to receive, prior and in preference to any distribution of any of the assets of the Corporation to the holders
of Common Stock by reason of their ownership thereof, an amount per share equal to the price per share actually paid to the Corporation
upon the initial issuance of the Series B Preferred Stock (each, the "the Original Issue Price") for each share of Series
B Preferred Stock then held by them, plus declared but unpaid dividends. Unless the Corporation can establish a different Original Issue
Price in connection with a particular sale of Series B Preferred Stock, the Original issue price shall be $0.001 per share for the Series
B Preferred Stock. If, upon the occurrence of any liquidation, dissolution or winding up of the Corporation, the assets and funds thus
distributed among the holders of the Series B Preferred Stock shall be insufficient to permit the payment to such holders of the full
aforesaid preferential amounts, then, subject to the rights of any existing series of Preferred Stock or to the rights of any series of
Preferred Stock which may from time to time hereafter come into existence, the entire assets and funds of the corporation legally available
for distribution shall be distributed ratably among the holders of the each series of Preferred Stock in proportion to the preferential
amount each such holder is otherwise entitled to receive.

 F- 14

 The Series B Preferred Stock shares are nonredeemable
other than upon the mutual agreement of the Company and the holder of shares to be redeemed, and even in such case only to the extent
permitted by this Certificate of Designation, the Corporation's Articles of Incorporation and applicable law.

 Series B Preferred Stock shall be convertible,
at the option of the holder thereof, at any time after the date of issuance of such share, at the office of the Corporation or any transfer
agent for such stock, into such number of fully paid and nonassessable shares of Common Stock as is determined by dividing the Original
Issue Price of the Series B Preferred Stock by the Series B Conversion Price applicable to such share, determined as hereafter provided,
in effect on the date the certificate is surrendered for conversion.

 On November 4, 2024, the Company entered into
a Stock Cancellation Agreement with Chuang Fu Qu Kuai Lian Technology (Shenzhen) Limited ("Chuang Fu"), for the cancellation
of 150,000 shares of Series B Preferred Stock, $0.001 par value per share (the "Series B Preferred Stock") which were issued
to Chuang Fu in 2018, in exchange for $100. Upon the cancellation of the Series B Preferred Stock the Company will have zero shares of
Series B Preferred Stock issued and outstanding.

 As of December 31, 2024 and 2023, the Company
has zero 0 and 150,000 shares of Series B Convertible preferred shares issued and outstanding, respectively.

 Common stock

 The Company is authorized to issue 500,000,000
shares are Common Stock, $0.001 par value.

 On February 22, 2023, the Company issued 3,510 shares of common stock
valued at $5.20 per share to certain individuals for consulting services valued at $18,252.

 On March 30, 2023, the Company issued 2,250 shares of common stock
valued at $5.30 per share to certain individuals for consulting services valued at $11,925.

 As of December 31, 2024 and 2023, the Company
has 132,612,342 and 132,612,342 shares of common stock issued and outstanding, respectively.

 Additional paid-in capital

 On October 16, 2023, the Company entered into
a five-year non-exclusive license agreement with Shenzhen Junfeng Wood Chain Net Technology ( the Licensor) granting the Company
the right to utilize specific intellectual property ( IP) related to wood panel manufacturing within China. The IP is owned
by Mr. Li JiYong, who is also a director of the Company; and the Licensor, Shenzhen Junfeng Wood Chain Net Technology is owned by Mr.
Li.

 The fair value of the intellectual property has
been determined to be RMB 15.35 million. This valuation was derived from revenues associated with wood panel manufacturing activities,
utilizing key assumptions such as the non-renewal of the current licensing agreement and the application of the average net margin of
the Building Products sector in a discounted cash flow (DCF) valuation model, as well as the revenue figures provided by management for
Kuber Resources (Guangdong) Co. Ltd. The Company recognized a total of $2,170,638 as a capital contribution for the intellectual property.

 Note 10 - Disposal of Subsidiary

 On September 25, 2024, the Company completed the disposal of its wholly-owned
subsidiary, Asia Image Investment Limited ("Asia Image"), to a related party in exchange for cash consideration of HKD 3,900,000
($500,760). The transaction resulted in a net loss on disposal of approximately $416,896, which has been recognized in the Consolidated
Statements of Operations under "Loss on Disposal of Subsidiary." The total consideration of HKD 3,900,000 ($500,760) was offset
against amounts due to related party Raymond Fu.

 F- 15

 The net assets of Asia Image at the disposal date were as follows:

 Schedule of net assets of Asia Image at the disposal date

 Assets and Liabilities

 Amounts

 Cash and Cash Equivalents

 $
 41,425

 Advances to suppliers

 1,087,589

 Total assets

 1,129,014

 Accounts payable and accrued liabilities

 8,508

 Due to related parties

 202,850

 Total liabilities

 211,358

 Net assets disposed

 917,656

 Note 11 – Disaggregated revenue, segment
and geographical information

 Operating segments are reported in a manner consistent
with the internal reporting provided to the Chief Operating Decision Maker ("CODM"), who is the Company's Chief Executive
Officer. Based on this reporting structure, the Company has determined that it operates in a single reportable segment and conducts all
of its operations within a single geographic region: China.

 The breakdown
of revenues and cost of revenues as follows:

 Schedule of disaggregated revenue

 2024

 2023

 Formaldehyde treatment services

 $
 3,758,039

 $
 2,147,172

 Sales of flame retardant wood panels

 70,272

 -

 Other services

 91,912

 102,116

 Total revenues, net

 3,920,223

 2,249,288

 Formaldehyde treatment services

 359,451

 Sales of flame retardant wood panels

 67,136

 -

 Other services

 -

 -

 Total Cost of revenues

 426,587

 Note 12- Research & Development

 The Company has incurred USD 1.6 million (approx.)
in respect of R&D expense which primarily relates to Preparation and Performance Study of Insect proof, Termite proof, and Antibacterial
Home Panel Based on Natural Insecticides

 Note 13– Income taxes

 The Company provides for income taxes under FASB
ASC 740, Accounting for Income Taxes. FASB ASC 740 requires the use of an asset and liability approach in accounting for income taxes.
Deferred tax assets and liabilities are recorded based on the differences between the financial statement and tax bases of assets and
liabilities and the tax rates in effect currently.

 FASB ASC 740 requires the reduction of deferred
tax assets by a valuation allowance, if, based on the weight of available evidence, it is more likely than not that some or all of the
deferred tax assets will not be realized. In the Company's opinion, it is uncertain whether they will generate sufficient taxable
income in the future to fully utilize the net deferred tax asset. Accordingly, a valuation allowance equal to 100% of the deferred tax
asset has also been recorded resulting in no net deferred tax asset.

 United States

 Net operation losses
("NOLs") can carry forward indefinitely up to offset 80% of taxable income after CARES Act effect on December 31, 2017. The
cumulative tax is calculated by multiplying a 21% estimated tax rate by the net operating income. As of December 31, 2024 and 2023, deferred
tax assets resulted from NOLs of approximately $197,385 and $171,603, respectively. The deferred tax asset has been fully reserved for
valuation allowance as the Company believes they will most-likely-than-not realize the benefits.

 Hong
Kong

 Companies
incorporated in Hong Kong are subject to Hong Kong Profits Tax on the taxable income as reported in its statutory financial statements
adjusted in accordance with relevant Hong Kong tax laws. The applicable tax rate for the first Hong Kong Dollar ("HKD$")
2 million of assessable profits is 8.25% and assessable profits above HKD$ 2 million will continue to be subject to the rate
of 16.5% for corporations in Hong Kong, effective from the year of assessment 2018/2019. Before that, the applicable tax rate was
16.5% for corporations in Hong Kong. The Company did not make any provisions for Hong Kong
profit tax as there were no assessable profits derived from or earned in Hong Kong since inception. Additionally, payments of dividends
by the subsidiary incorporated in Hong Kong to the Company are not subject to any Hong Kong withholding tax.

 F- 16

 PRC

 Effective
on January 1, 2008, the PRC Enterprise Income Tax Law, EIT Law, and Implementing Rules impose a unified enterprise income tax rate of 25%
on all domestic-invested enterprises and foreign investment enterprises in PRC, unless they qualify under certain limited exceptions.
As such, starting from January 1, 2008, the Company's subsidiaries in PRC are subject to an enterprise income tax rate of 25%.
Under the EIT Law, net operating losses ("NOLs") can typically be carried forward for up to five years to offset against future
taxable income.

 For the years ended December
31, 2024 and 2023, certain subsidiaries of the Company qualified as small low-profit enterprises under the applicable PRC tax regulations.
As such, these entities were eligible for preferential income tax rates as follows:

 The portion of annual taxable income not exceeding RMB 1 million was subject to an effective income tax
rate of 2.5%, calculated as 12.5% of the taxable income taxed at the standard rate of 20%.

 The portion of annual taxable income between RMB 1 million and RMB 3 million was subject to an effective
income tax rate of 5%, calculated as 25% of the taxable income taxed at the standard rate of 20%.

 These preferential rates
are in accordance with PRC tax incentives for small low-profit enterprises, as set forth in Ministry of Finance and State Taxation Administration
[2021] No. 12 and its subsequent updates.

 Management believes that
the relevant subsidiaries met all qualification criteria for such preferential tax treatment during the respective reporting periods.

 The
following table summarizes the taxable income (loss) before income taxes by jurisdiction:

 Schedule of income (loss) before income taxes

 2024

 2023

 United States

 $
 (539,667
)

 $
 (50,029
)

 Hong Kong

 (99,823
)

 (59,027
)

 China

 1,198,096

 1,800,059

 Total taxable income (loss)

 $
 558,606

 $
 (1,691,003
)

 The Company maintained
a valuation allowance against certain deferred tax assets to reduce the total to an amount management believed was appropriate. Realization
of deferred tax assets is dependent upon sufficient future taxable income during the periods when deductible temporary differences and
carryforwards are expected to be available to reduce taxable income.

 The
following table summarizes a reconciliation of income tax rates for operations, calculated at the statutory tax rate to total income
tax expense (benefit):

 Schedule of reconciliation of income tax expense

 2024

 2023

 Income (Loss) before income tax expenses

 $
 558,606

 $
 1,691,003

 Income tax expenses (benefits) computed at statutory tax rates

 169,723

 430,129

 Effect of deductible research and development expenses

 (83,194
)

 8,267

 Effect of preferential tax rate for small low-profit enterprises

 (256,643
)

 -

 Effect of temporary differences

 151,063

 14,405

 Effect of permanent difference

 19,037

 Effect of change in valuation allowance

 129,801

 20,246

 Income tax expenses (benefits)

 $
 172,339

 $
 473,047

 Note 14 – Concentrations, Risks, and
Uncertainties

 a)
 Credit risk

 Cash deposits with banks
are held in financial institutions in China, which deposits are not federally insured. Cash deposits with banks of which at times may
exceed federally insured limits. Accordingly, the Company has a concentration of credit risk related to the uninsured part of bank deposits.
The Company has not experienced any losses in such accounts and believes it is not exposed to significant credit risk.

 F- 17

 b)
 Concentration

 The Company has a concentration
risk related to suppliers and customers. The inability of the company to maintain existing relationships with suppliers or to establish
new relationships with customers in the future may have a negative impact on the company's ability to obtain goods sold to customers
in a price advantageous and timely manner. If the Company is unable to obtain ample supply of goods from existing suppliers or alternative
sources of supply, the Company may be unable to satisfy the orders from its customers, which may have a material adverse impact on revenue.

 For the years ended December
31, 2024 and 2023, three customers and zero customers, respectively, accounted for 10% or more of the Company's total net sales
revenues.

 As of December 31, 2024 and 2023,
three customers and zero customers, respectively, accounted for 10% or more of the Company's total accounts receivable, respectively.

 For the years ended December
31, 2024, four suppliers and one supplier, respectively accounted for 10% or more of the Company's total net purchases.

 As of December 31, 2024, four
suppliers and one supplier, respectively accounted for 10% or more of the Company's total accounts payable.

 c)
 Unissued VAT invoices

 The products that are sold by the Company in PRC
are subject to value-added tax ("VAT") at a rate of 6% of the gross sales price or at a rate approved by the Chinese local
government. This VAT may be offset by VAT paid on purchase of raw materials included in the cost of producing the finished goods sold.

 Due to the rules imposed by local authorities
on newly established companies, which limited the issuance of VAT invoices per month. Consequently, the Company was not able to issue
VAT invoices for all its sales. During the years ended December 31, 2024, the Company had issued VAT invoices for total sales of $375,582
for its sales, leaving $3,452,729 of sales VAT invoices unissued as of December 31, 2024. The
Company has submitted a request to increase the allowable VAT invoice amounts and is currently awaiting approval. Upon receiving approval,
the unissued VAT invoices will be issued.

 The local authority may require the Company to
rectify the issue above by demanding payments and submitting the relevant filings within a specified time period. If the Company fails
to do so within the specified time period, the local authority may impose a monetary fine on it and may also apply to the local people's
court for enforcement.

 If the Company receives any notice from the local
authority, the Company will be required respond to the notice and pay all amounts due to the government, including any administrative
penalties that may be imposed, which would require the Company to divert its financial resources which may impact its resources, if any,
to make such payments. Additionally, any administrative costs in excess of the payments, if material, may impact the Company's operating
results.

 As of today, the Company has not received any
notice from the local housing authority or any claim from our current and former employees.

 d)
 Restriction on cash disbursement on bank account

 As a newly established business, the Company experienced restrictions
imposed by the bank on new bank accounts by limiting its deposits and disbursements. In order to avoid disruption to the business operations,
the Company has engaged a related party, Shenzhen Guangfeng High Performance Wood Products Technology Co., Ltd. formerly Shenzhen Junfeng
Wood Chain Network Technology Co., Ltd., to collect sales revenues on behalf of the Company. These funds are then deposited or transferred
to the Company's bank account on a regular basis, ensuring the continued liquidity necessary for operational activities.

 The Company had an outstanding receivable of $71,332 from the related
party as a result of this arrangement as of December 31, 2024. These receivables represent funds collected on behalf of the Company but
not yet remitted to its bank account.

 Management continuously evaluates the impact of these restrictions
on the Company's cash management and operational efficiency. Despite the challenges posed by the restriction on cash disbursement, the
Company remains committed to ensuring the uninterrupted conduct of its business activities.

 It is important to note that the amounts receivable
from the related party are subject to periodic reconciliation and may fluctuate over time based on sales activities and remittance schedules.

 F- 18

 Note 15 - Leases

 Operating Lease

has three operating leases for its office space and manufacturing equipment and facility.

 Operating lease right-of-use
assets and liabilities are recognized at commencement date based on the present value of lease payments over the lease term. The discount
rate used to calculate present value is incremental borrowing rate or, if available, the rate implicit in the lease. The Company determines
the incremental borrowing rate for each lease based primarily on its lease term which is approximately 4.35% to 5.63%.

 Operating lease
expenses were $100,112 and
$60,286 0 for the years ended December 31, 2024 and 2023, respectively.

 During the year ended
December 31, 2024, the Company terminated an operating lease prior to its scheduled expiration. In connection with the termination, the
Company derecognized the related right-of-use asset and lease liability, resulting in a gain of $3,501. This gain is included in other
income on the consolidated statements of operations for the year ended December 31, 2024.

 The components
of lease expense and supplemental cash flow information related to leases for the period are as follows:

 Schedule of lease cost

 2024

 2023

 Lease cost

 Operating lease cost

 $
 100,112

 $
 60,286

 Other Information

 Cash paid for amounts included in the measurement of lease liabilities

 $
 90,625

 $
 48,079

 Weighted average remaining lease term – operating leases (in years)

 0.96

 2.36

 Average discount rate – operating lease

 4.99
 %

 4.78
 %

 The supplemental
balance sheet information related to leases is as follows:

 Schedule of supplemental
balance sheet information related to leases

 2024

 2023

 Operating leases

 Right-of-use assets, net

 $
 69,191

 $
 154,316

 Operating lease liabilities

 $
 80,469

 $
 159,744

 The undiscounted
future minimum lease payment schedule as follows:

 Schedule of future minimum lease payment

 For the year ending December 31,

 2025

 50,703

 2026

 32,719

 Thereafter

 Total undiscounted lease payments

 83,422

 Less: interest

 (2,953
)

 Total lease liabilities

 80,469

 Note 16 – Subsequent Event

 In accordance with ASC 855 the Company's
management reviewed all material events through the date these financial statements were available to be issued, there were no material
subsequent events.

 F- 19

 Acquisition of Gongfa Materials Co., Limited

 On January 14, 2025, the Company, through Kuber Guangdong, completed
the acquisition of Gongfa Materials (Guangdong) New Materials Technology Co., Limited ("Gongfa"), a PRC-based manufacturer
of engineered wood products. As a result of the transaction, Gongfa became a wholly owned subsidiary of Kuber Guangdong.

 Under the terms of the Acquisition Agreement, Kuber
Guangdong acquired 100% of the issued and outstanding equity interest of Gongfa in exchange for the issuance of 24,994,381 shares of the
Company's common stock, valued at approximately $130 million USD, based on an agreed-upon price of $4.80 per share, representing
approximately 20% of the Company's total outstanding shares as of December 31, 2024.

 There were no material pre-existing relationships
between the Company and Gongfa or their affiliates, except that Li Jiyong, a director of the Company, was a shareholder of Gongfa prior
to the acquisition, and the former shareholders of Gongfa became shareholders of Storming Dragon Limited, the Company's majority
shareholder, which is controlled by the Company's CEO, Raymond Fu, pursuant to the exchange agreement.