DESCRIPTION OF BUSINESS AND ORGANIZATION |
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Jun. 30, 2026 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Organization, Consolidation and Presentation of Financial Statements [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| DESCRIPTION OF BUSINESS AND ORGANIZATION | NOTE – 2 DESCRIPTION OF BUSINESS AND ORGANIZATION
King Resources, Inc. (the “Company”) was incorporated in the State of Delaware on September 8, 1995 under the name of ARXA International Energy, Inc. On June 4, 2001, the Company changed its name to King Resources, Inc. Effective December 27, 2023, the Company changed its name to OneSolution Technology Inc. Effective September 9, 2025, the Company changed its name to King Resources, Inc., its current name. Currently, the Company through its subsidiaries, is engaged primarily in the internet-related technical consultancy services and sales of arts and collectibles in Hong Kong.
On May 1, 2026, the Company completed an internal corporate restructuring exercise and closed down its wholly-owned subsidiary, OneSolution Management Limited, which was an investment holding entity. The Company recorded a loss of $34,322 from its closure, accordingly.
Description of subsidiaries
The Company and its subsidiaries are hereinafter referred to as the “Company”.
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