ATPC · Agape ATP Corp · Fails to Deliver

Substantial doubt about the company's ability to continue as a going concern.

“These conditions raised substantial doubt about the Company's ability to continue as a going concern for the next twelve months. The Company's liquidity remains subject to substantial doubt regarding its ability to continue as a going concern. Although the Company had current assets of $24,834,565 as of June 30, 2026, substantially all of these assets consisted of $24,531,431 deposit paid to Bi Cheng Investment Management Limited to identify and manage investment opportunities, for which no investment had been identified as of the reporting date. Management intends to improve liquidity by increasing revenue, controlling operating costs and expenses, obtaining additional financing, and pursuing new investment opportunities. However, there can be no assurance that these plans will be successfully implemented or that they will generate sufficient cash flows to support the Company's operations.”