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UNI
ÉTATS

TITRES
ET COMMISSION D’ÉCHANGE

WASHINGTON,
DC 20549

FORME
10-K


RAPPORT ANNUEL CONFORMÉMENT À L’ARTICLE 13 OU 15 (D) DE LA LOI DE 1934 SUR L’ÉCHANGE DES VALEURS MOBILIÈRES

Pour
l’exercice terminé 30 septembre 2020

ou


RAPPORT DE TRANSITION CONFORMÉMENT À L’ARTICLE 13 OU 15 (D) DE LA LOI DE 1934 SUR L’ÉCHANGE DES VALEURS MOBILIÈRES

Pour
la période de transition du ______________ au ______________

Commission
Numéro de dossier: _________________

CX
NETWORK GROUP, INC.
(Exact
nom de l’émetteur tel que spécifié dans sa charte)

Nevada 32-0538640
(Etat
ou autre juridiction de
(I.R.S.
employeur

incorporation ou organisation)

numéro d’identification)

Pièce
1801, bâtiment Vanke

Nord Ouest
Route Hong 7

Hongtupian
District, district résidentiel de Nancheng

Dongguan,
Province du Guangdong, Chine

523000
(Adresse
des principaux bureaux exécutifs)
(Zip *: français
Code)

Titulaire
numéro de téléphone, y compris l’indicatif régional + 86-755-26412816

Titres
enregistré conformément à l’article 12 (b) de la loi:

Titre
de chaque classe
Nom
de chaque bourse sur laquelle inscrit
Aucun

Titres
enregistré conformément à l’article 12 (b) de la loi:

Titre
de chaque classe
Commerce
Symbole (s)
Nom
de chaque bourse sur laquelle inscrit
N / A

Titres
enregistré conformément à l’article 12 (g) de la loi: Aucun.

Indiquer
par une coche si la personne inscrite est un émetteur chevronné bien connu, tel que défini dans la règle 405 de la Loi sur les valeurs mobilières. Oui ☐ Non

Indiquer
par une coche si le déclarant n’est pas tenu de déposer des rapports conformément à l’article 13 ou à l’article 15 (d) de la Loi. Oui ☐
Non ☒

Indiquer
en cochant si la personne inscrite (1) a déposé tous les rapports qui doivent être déposés en vertu de l’article 13 ou 15 (d) de la Bourse des valeurs
Loi de 1934 au cours des 12 mois précédents (ou pour une période si courte que le déclarant était tenu de déposer de tels rapports),
et (2) a été soumis à ces exigences de dépôt au cours des 90 derniers jours. Oui ☒ Non ☐

Indiquer
en cochant si le titulaire a soumis par voie électronique et affiché sur son site Web d’entreprise, le cas échéant, tous les
Le fichier de données doit être soumis et affiché conformément à la règle 405 du règlement S-T (article 232.405 du présent chapitre) pendant la
12 mois précédents (ou pour une période plus courte que le déclarant était tenu de soumettre et de publier de tels fichiers). Oui ☒ Non

Indiquer
en cochant si le déclarant est un grand déclarant accéléré, un déclarant accéléré, un déclarant non accéléré, un déclarant plus petit
entreprise ou une entreprise de croissance émergente. Consultez les définitions de «grand déposant accéléré», «accéléré
déposant »,« petite société déclarante »et« société de croissance émergente »dans la règle 12b-2 de la Bourse
Acte.

Grand
déposant accéléré
Accéléré
déposant
Non accéléré
déposant
Plus petite
société déclarante
Émergent
Entreprise de croissance

Si
une entreprise de croissance émergente, indiquez par une coche si le déclarant a choisi de ne pas utiliser la période de transition prolongée pour
se conformer à toute norme comptable financière nouvelle ou révisée prévue à l’article 13 (a) de la Loi sur les changes. ☐

Indiquer
en cochant si le déclarant est une société écran (au sens de la règle 12b-2 de la loi). Oui ☐ Non ☒

le
valeur marchande totale de 4693584 actions ordinaires détenues par des sociétés non affiliées de l’inscrit au 31 mars 2020 (le
dernier jour ouvrable du deuxième trimestre fiscal le plus récent de la personne inscrite) était de 117 340 $ sur la base de la dernière vente
prix de l’action ordinaire de l’inscrit à cette date de 0,025 $ par action le 31 mars 2020 sur le marché de gré à gré. Actions de
les actions ordinaires de l’inscrit détenues par chaque membre de la haute direction et administrateur et par chaque personne qui détient 10% ou plus des
les actions ordinaires en circulation ont été exclues du fait que ces personnes peuvent être considérées comme des sociétés affiliées. Cette détermination d’affiliation
le statut n’est pas nécessairement une détermination définitive à d’autres fins.

Comme
au 13 janvier 2021, la personne inscrite avait 21 376 918 actions ordinaires d’une valeur nominale de 0,0001 $ par action émise et en circulation.

TABLE
DES CONTENUS

À
RAPPORT ANNUEL SUR LE FORMULAIRE 10-K

POUR
EXERCICE CLOS LE 30 SEPTEMBRE 2020

SPÉCIAL
NOTE CONCERNANT LES DÉCLARATIONS PROSPECTIVES

Ce
rapport annuel sur formulaire 10-K (le «rapport») et autres rapports (collectivement les «dépôts») déposés par le
inscrit de temps à autre auprès de la Securities and Exchange Commission (la «SEC») contiennent ou peuvent contenir des
les déclarations prospectives et les informations qui sont basées sur les croyances et les informations actuellement disponibles pour le
la direction ainsi que les estimations et les hypothèses faites par la direction du déclarant. Lorsqu’ils sont utilisés dans les dépôts, les mots
«Anticiper», «croire», «estimer», «s’attendre», «futur», «avoir l’intention»,
«Plan» ou le négatif de ces termes et expressions similaires en ce qui concerne le déclarant ou le déclarant
la direction identifie les déclarations prospectives. Ces déclarations reflètent l’opinion actuelle du déclarant en ce qui concerne
événements et sont soumis à des risques, incertitudes, hypothèses et autres facteurs (y compris les risques contenus dans la section
ce rapport intitulé «Facteurs de risque») concernant l’industrie du déclarant, les activités du déclarant
et les résultats d’exploitation et les entreprises qui peuvent être acquises par la personne inscrite. Si un ou plusieurs de ces risques ou incertitudes
se concrétiser, ou si les hypothèses sous-jacentes se révèlent incorrectes, les résultats réels peuvent différer considérablement de ceux attendus,
cru, estimé, attendu, prévu ou prévu.

Bien que
la personne inscrite estime que les attentes reflétées dans les énoncés prospectifs sont raisonnables, la personne inscrite ne peut
garantir les résultats futurs, les niveaux d’activité, les performances ou les réalisations. Sauf si requis par la loi applicable, y compris le
les lois sur les valeurs mobilières des États-Unis, la personne inscrite n’a pas l’intention de mettre à jour les déclarations prospectives pour se conformer
ces déclarations aux résultats réels. La discussion suivante doit être lue en parallèle avec les informations financières du déclarant
déclarations et les notes y afférentes incluses dans le présent rapport.

Comme
utilisé ici et sauf indication contraire, le terme «Société», «il (s)», «nos», «nous», «nous»,
«CX» et «CXKJ» désignent CX Network Group, Inc., une société du Nevada (précédemment connue sous le nom de mLight Tech,
Inc., une société de Floride), sa filiale Chuangxiang Holdings Inc. («CX Cayman»), Chuangxiang (Hong Kong)
Holdings Limited («CX HK»), Chuangxiang Network Technology (Shenzhen) Limited («CX Network») et Shenzhen
Chuangxiang Network Technology Limited («Shenzhen CX»), qui est contrôlée par nous via divers contrats.

Partie
je

ARTICLE
1. ENTREPRISE

Général

Notre
l’activité se concentre sur le développement et l’exploitation de produits de rencontres en ligne et de jeux mobiles développés et exploités par nous,
ou développé par nous mais coopéré par des tiers; ou développé par des tiers mais coopéré par nous.

Notre auto-développé et auto-exploité en ligne
produits de rencontres Little Love (« 小 恋爱”)
et Hotchat (« 热 聊”), Qui ne sont plus
en opération depuis novembre 2019, sont des applications mobiles destinées aux célibataires chinois et conçues pour augmenter la probabilité d’un utilisateur
de trouver une connexion romantique. Notre mission est d’aider les individus à forger des relations durables avec d’autres qui partagent leur
intérêts et valeurs. Grâce à ces applications mobiles, nos utilisateurs peuvent rechercher et communiquer avec d’autres personnes partageant les mêmes idées.
Notre produit crée une communauté virtuelle où les utilisateurs peuvent se rencontrer, discuter et envoyer des messages. Nous exploitons des réseaux sociaux géolocalisés pour les réunions
de nouvelles personnes sur les plates-formes mobiles, y compris sur iPhone, Android, iPad et autres tablettes qui facilitent les interactions entre les utilisateurs et
encouragez les utilisateurs à se connecter et à discuter les uns avec les autres.

Nos plateformes mobiles de rencontres en ligne monétisent
via la publicité, les achats intégrés et les abonnements payants. La Société offre des capacités de marketing en ligne, qui permettent
les spécialistes du marketing pour afficher leurs publicités dans différents formats et à différents endroits. Dans un proche avenir, nous prévoyons d’offrir
une science des données sophistiquée pour un hyper-ciblage très efficace. La Société recherche activement les opportunités de travailler avec
ses annonceurs pour maximiser l’efficacité de leurs campagnes en optimisant les formats et les emplacements publicitaires. Nous temporairement
suspendre nos publicités payantes pour Little Love afin d’ajuster notre stratégie marketing de Little Love à partir d’avril 2018. Basé sur le
réponses du marché, la société a commencé à suspendre l’exploitation de Little Love et Hotchat en novembre 2019. Après juillet 2020,
la société a complètement cessé les opérations de Little Love et Hotchat.

Comme
Le marché chinois des jeux mobiles continue de croître à un rythme rapide, notre équipe de direction pense que c’est le bon moment pour tirer parti de notre expertise
dans le développement d’applications de jeu pour exploiter ce marché en vogue. Nous développons activement des relations de coopération avec d’autres développeurs
et opérateurs depuis mars 2018. Nous collaborons actuellement avec deux jeux avec leurs développeurs: Magician Hero («魔 纹 游戏»)
et Shu Mountain Fantasy («蜀山 奇缘») dont nous sommes responsables du marketing, de la coopération
et la maintenance sur les plates-formes et les canaux introduits par nous. Magician Hero propose une action réelle en 3D non-stop et des batailles basées
sur la mythologie grecque. Shu Mountain Fantasy est un jeu de rôle sur le thème de Xian Xia basé sur la période de la guerre magique des fées,
afin que les utilisateurs puissent assister à la chute des contes de fées. Cependant, sur la base des réactions du marché, nous avons suspendu les opérations
des coopérations avec d’autres développeurs ou opérateurs en juillet 2020.

le
Partager l’échange

Sur
16 mars 2018, CX Network Group, Inc., une société du Nevada, (anciennement connue sous le nom de «mLight Tech Inc.» ou «MLGT»,
une société de Floride) («CXKJ» ou la «Société»), Chuangxiang Holdings Inc., une société organisée sous
les lois des îles Caïmans («CX Cayman») et de Continent Investment Management Limited, une des îles Vierges britanniques
société («Continent») et Golden Fish Capital Investment Limited, une société des îles Vierges britanniques («Golden
Fish », avec« Continent », les« actionnaires de CX Cayman ») ont conclu un accord d’échange d’actions
(la «convention d’échange d’actions»), en vertu de laquelle CXKJ a acquis 100% des titres de participation émis et en circulation
de CX Cayman en échange de 5 350 000 actions ordinaires, d’une valeur nominale de 0,0001 USD par action (l ‘«action ordinaire») de
CXKJ (l ‘«échange d’actions»). L’échange d’actions a été fermé le 20 mars 2018. À la suite de l’échange d’actions, CX
Cayman est devenue la filiale en propriété exclusive de la société.

Immédiatement
avant de conclure l’accord d’échange d’actions avec CX Cayman et les actionnaires de CX Cayman, nous étions une société écran avec
aucun actif ou opération significatif. À la suite de l’échange d’actions, nous opérons par l’intermédiaire de notre entité affiliée à la RPC, à savoir Shenzhen
CX, situé à Shenzhen, en Chine. CX Cayman n’a pas d’opérations de fond autres que la détention de CX HK, qui en retour
CX Network, qui contrôle Shenzhen CX via certains accords contractuels.

Conformément
à l’accord d’échange d’actions signé le 20 mars 2018, CXKJ a acquis 100% des titres émis et en circulation de CX Cayman
en échange de 5 350 000 actions ordinaires d’une valeur nominale de 0,0001 $ par action de CXKJ. À la suite de l’échange d’actions, le
l’entreprise de CX Cayman devient notre entreprise. À ce titre, les résultats d’exploitation suivants sont axés sur les opérations de CX Cayman
et exclure les activités de la société avant l’échange d’actions.

Sur
la réalisation de l’échange d’actions, nous nous engageons dans le développement et l’exploitation d’un réseau social basé sur l’adhésion,
rencontres et jeux mobiles, et plateformes de diffusion en direct interactives. Nous consacrons actuellement nos efforts au développement d’applications mobiles
et des plates-formes en ligne desservant le marché asiatique.

Aller
Préoccupation

le
les états financiers consolidés ci-joints ont été préparés sur une base de continuité d’exploitation, ce qui envisage la réalisation
des actifs et la satisfaction des passifs dans le cours normal des affaires. La réalisation des actifs et la satisfaction
des passifs dans le cours normal des affaires dépendent, entre autres, de la capacité de la société à fonctionner de manière rentable,
pour générer des flux de trésorerie liés à l’exploitation et pour conclure des accords de financement pour répondre à ses besoins en fonds de roulement.

Dans
évaluant la liquidité de la société, la société surveille et analyse sa trésorerie et ses équivalents de trésorerie ainsi que ses opérations et
engagements de dépenses en capital. Les besoins de liquidité de la société sont de répondre à ses besoins en fonds de roulement, dépenses d’exploitation
et les obligations de dépenses en capital. Au 30 septembre 2020, les passifs courants de la Société excédaient les actifs courants,
son déficit accumulé était d’environ 2 565 306 $ et la société a subi des pertes depuis sa création. Aucune des sociétés
les actionnaires, dirigeants ou administrateurs, ou des tiers, n’ont aucune obligation de nous avancer des fonds ou d’investir en nous. En conséquence,
nous ne pourrons peut-être pas obtenir de financement supplémentaire. Si nous ne sommes pas en mesure de lever des capitaux supplémentaires, nous pourrions être tenus de prendre des
des mesures de conservation de la liquidité, qui pourraient inclure, mais sans s’y limiter, la réduction des opérations, la suspension
poursuite de notre plan d’affaires et réduction des frais généraux. Nous ne pouvons garantir que de nouveaux financements seront disponibles
à nous à des conditions commercialement acceptables, voire pas du tout.

Celles-ci
les conditions soulèvent un doute important quant à notre capacité à continuer de fonctionner. Les états financiers ne comprennent aucun
ajustements pour refléter les effets futurs possibles sur la recouvrabilité et le classement des actifs ou les montants et classifications
des passifs qui pourraient en résulter si la société était incapable de poursuivre ses activités.

Entreprise
Structure

CX
Network Group, Inc. ou CXKJ, une société du Nevada (anciennement connue sous le nom de «mLight Tech Inc.» ou «MLGT»,
une société de Floride), est une société de portefeuille qui détient 100% du capital-actions émis et en circulation de Chuangxiang Holdings
Inc., ou CX Cayman, qui a été constituée le 4 février 2016 en vertu des lois des îles Caïmans. CX Cayman détient 100% de Chuangxiang
(Hong Kong) Holdings Limited, ou CX HK, depuis le 1er décembre 2016. CX HK opère par l’intermédiaire de sa filiale, Chuangxiang Network Technology
(Shenzhen) Limited, ou CX Network. CX Network a été constituée le 12 avril 2016 en vertu des lois de la République populaire de
Chine («RPC») en tant qu’entreprise à capitaux entièrement étrangers et se consacre au développement d’applications mobiles,
conseil en information commerciale, planification d’activités culturelles, marketing et publicité.

Sur
20 avril 2017, CX Network a conclu une série d’accords VIE avec Shenzhen Chuangxiang Network Technology Limited, ou Shenzhen
CX et ses actionnaires, dans lesquels CX Network a effectivement pris en charge la gestion des activités commerciales de Shenzhen CX et a
le droit de nommer tous les cadres et cadres supérieurs et les membres du conseil d’administration de Shenzhen CX. Shenzhen CX
est une société chinoise à responsabilité limitée et a été créée en vertu des lois de la République populaire de Chine le 14 août 2015. Shenzhen
CX s’engage dans le développement et l’exploitation de réseaux sociaux basés sur l’adhésion, de rencontres et de jeux mobiles et interactifs
plateformes de diffusion en direct. La Société consacre actuellement ses efforts au développement d’applications mobiles et de services de plateformes en ligne
le marché asiatique.

le
Le diagramme suivant illustre notre structure d’entreprise à la date du présent rapport annuel:

Contractuel
Arrangements entre CX Network et Shenzhen CX

Dans
Avril 2017, CX Network, Shenzhen CX et les actionnaires de Shenzhen CX ont conclu une série d’accords contractuels pour Shenzhen
CX pour se qualifier comme entité à détenteurs de droits variables ou EDDV (les «accords EDDV»). Ni nous ni nos filiales ne détenons de capitaux propres
intérêt pour Shenzhen CX. Au lieu de cela, nous contrôlons et recevons les avantages économiques des opérations commerciales de Shenzhen CX
par une série d’arrangements contractuels. CX Network, Shenzhen CX et ses actionnaires ont conclu des accords VIE en avril
20, 2017. Les accords VIE sont conçus pour fournir à CX Network le pouvoir, les droits et les obligations équivalents en
tous les égards importants à ceux qu’il posséderait en tant que seul détenteur d’actions de Shenzhen CX, y compris les droits de contrôle absolus et
les droits sur les actifs, la propriété et les revenus de Shenzhen CX. Sur la base d’un avis juridique émis par le cabinet d’avocats Guangdong Jifang à
CX Network, les accords VIE constituent des obligations valides et contraignantes des parties à ces accords et sont exécutoires
et valide conformément aux lois de la RPC.

Chaque
des accords VIE est décrit en détail ci-dessous:

Consultant
Contrat de service

Conformément
aux termes de certains contrats de service exclusif de conseil en technologie daté du 20 avril 2017 entre CX Network et Shenzhen
CX (le «Contrat de service de conseil»), CX Network est le fournisseur exclusif de services de conseil en technologie à Shenzhen
CX pour fournir un soutien à la recherche et au développement pour les logiciels et technologies connexes, responsable de l’équipement de réseau informatique,
conception, surveillance, test et sécurité de sites Web, en charge de la maintenance, de la réparation et de la sécurité du réseau; développement d’applications et
étude de marché, etc. Conformément à l’accord de service de conseil, Shenzhen CX a accepté de payer des frais de service à CX Network à une fourchette
de 90% à 100% de la marge brute mensuelle de Shenzhen CX sur la base de certains facteurs énoncés dans l’accord, et Shenzhen CX
a accepté de n’engager aucun tiers pour l’un de ses services de conseil en technologie fournis dans le cadre de l’accord sans le
consentement de CX Network. En outre, Shenzhen CX a accepté de ne pas établir de coopération commerciale avec un tiers sans
un consentement écrit de CX Network et CX Network et / ou de ses affiliés ont droit à un droit de premier refus de coopérer avec
Shenzhen CX dans les mêmes conditions. Cet accord est valable pour une durée de 10 ans sous réserve de toute prolongation demandée par CX
Réseau à moins qu’il ne soit résilié unilatéralement par CX Network avant l’expiration.

le
Le résumé qui précède du Contrat de service de conseil ne prétend pas être complet et est soumis à, et qualifié dans son
dans son intégralité par le Contrat de service de consultation, qui est déposé en tant que pièce 10.1 du rapport actuel sur formulaire 8-K daté du 23 mars,
2018.

La gestion
Accords
t

Conformément
aux termes de certains accords de gestion en date du 20 avril 2017 entre CX Network, Shenzhen CX et les actionnaires de Shenzhen
CX (l ‘«accord de gestion»), Shenzhen CX a accepté de soumettre les opérations et la gestion de ses activités à
le contrôle de CX Network. Selon l’accord de gestion, Shenzhen CX n’est pas autorisé à effectuer des transactions qui
a un impact substantiel sur ses opérations, ses actifs, ses droits, ses obligations et son personnel sans l’approbation écrite du CX Network.
CX Network a accepté de fournir les soutiens financiers nécessaires chaque fois que Shenzhen CX a des difficultés opérationnelles. Les actionnaires
de Shenzhen CX ont accepté de transférer tous les dividendes, distributions ou autres bénéfices qu’ils reçoivent en tant qu’actionnaires
de Shenzhen CX au réseau CX sans considération. Cet accord est valable pour une durée de 10 ans, sauf s’il est résilié plus tôt par
CX Network avec un préavis écrit de 30 jours, à condition que CX Network puisse prolonger le contrat avant son expiration.

le
le résumé ci-dessus de la convention de gestion ne prétend pas être complet et est soumis à, et qualifié dans son intégralité
par, la convention de gestion, qui est déposée en tant que pièce 10.2 du rapport actuel sur formulaire 8-K daté du 23 mars 2018.

Irrévocable
Les procurations

le
les actionnaires de Shenzhen CX ont chacun signé une procuration irrévocable, datée du 20 avril 2017, pour désigner CX Network comme
leurs avocats exclusifs pour voter en leur nom sur toutes les questions de Shenzhen CX nécessitant l’approbation des actionnaires.
La durée de chaque procuration est valable 10 ans mais peut être prolongée à la demande de CX Network.

le
Le résumé ci-dessus de la convention d’option exclusive ne prétend pas être complet et est soumis à, et qualifié dans son intégralité
par, le formulaire de convention d’option exclusive, qui est déposé comme pièce 10.3 du rapport actuel sur formulaire 8-K daté du 23 mars 2018.

Exclusif
Accord d’option

Conformément
aux termes de certains accords d’option exclusive en date du 20 avril 2017 entre CX Network, Shenzhen CX et les actionnaires de
Shenzhen CX (l ‘«accord d’option exclusive»), les actionnaires de Shenzhen CX ont accordé CX Network ou ses représentants
une option d’achat irrévocable et exclusive (l ‘«Option») pour acheter toutes les participations de Shenzhen CX et / ou
actifs à un prix d’achat de 10000 RMB sous réserve d’un ajustement du montant égal à 1% de l’évaluation du total des capitaux propres
intérêt ou actif de Shenzhen CX si une telle évaluation est requise en vertu des lois et règlements applicables de la RPC. L’option est exerçable
à tout moment, à la discrétion de CX Network, en tout ou en partie, dans la mesure permise par la loi de la RPC. Dans le cas où CX Network
choisit de n’exercer qu’une partie de l’Option, le prix d’achat sera déterminé au prorata de la partie du
participations et actifs que CX Network souhaite acquérir. L’option est transférable en tout ou en partie par CX Network.
Shenzhen CX a accepté sans le consentement écrit de CX Network de ne pas, entre autres, (i) modifier ses statuts constitutifs;
(ii) augmenter ou diminuer son capital social ou modifier sa structure de capital; (iii) transférer, aliéner ou mettre en gage son matériel
actifs, affaires, bénéfices ou intérêts; (iv) fournir un prêt ou un crédit à un tiers; ou (v) conclure un contrat important
ou avoir une dette hors du cours normal des affaires. Il s’engage en outre à maintenir un bon standing pendant la durée du contrat exclusif
Accord d’option. Les accords d’option exclusive sont valables jusqu’à ce qu’ils soient résiliés par CX Network avec un préavis écrit de 30 jours
ou toutes les participations et actifs de Shenzhen CX sont transférés à CX Network ou à son tiers désigné.

le
Le résumé ci-dessus de la convention d’option exclusive ne prétend pas être complet et est soumis à, et qualifié dans son intégralité
par, la convention d’option exclusive, qui est déposée en tant que pièce 10.4 du rapport actuel sur formulaire 8-K daté du 23 mars 2018.

Équité
Accord de gage

Conformément
aux termes de certains accords de gage d’actions datés du 20 avril 2017, entre CX Network et les actionnaires de Shenzhen CX (le
«Accord de gage»), les actionnaires de Shenzhen CX ont promis toutes leurs participations dans Shenzhen CX à CX Network,
y compris le produit de celui-ci, pour garantir l’exécution par Shenzhen CX de ses obligations en vertu du contrat de gestion,
le Contrat de service de conseil et le Contrat d’option exclusive (chacun, un «Contrat», collectivement, les «Contrats»).
Si Shenzhen CX ou ses actionnaires enfreignent leurs obligations contractuelles respectives en vertu d’un accord, ou font en sorte que l’un des
les événements considérés comme un événement de défaut en vertu de tout accord, CX Network, en tant que créancier gagiste, aura droit à certains droits, y compris
le droit de disposer de la participation en gage dans Shenzhen CX. Pendant la durée de l’accord de gage, les capitaux propres
les intérêts ne peuvent être transférés sans le consentement écrit préalable de CX Network. Les accords de gage sont valables jusqu’à ce que tous les
les obligations dues en vertu des accords ont été remplies à moins qu’elles ne soient résiliées moyennant un préavis écrit de 30 jours par CX Network.

le
le résumé qui précède de la convention de nantissement de capitaux propres ne prétend pas être complet et est soumis à, et qualifié dans son intégralité
par, la convention de nantissement de capitaux propres, qui est déposée comme pièce 10.5 du rapport actuel sur formulaire 8-K daté du 23 mars 2018.

Intellectuel
Contrat de licence de propriété

Conformément
aux termes de certains contrats de licence de propriété intellectuelle en date du 20 avril 2017 entre le CX Network et Shenzhen CX (le
«Contrat de licence IP»), le réseau CX est en droit de recevoir (i) un contrat non cessible, exclusif et révocable
licence à certaines marques déposées appartenant à Shenzhen CX pour une utilisation en relation avec les produits ou services approuvés par Shenzhen
Les marques déposées de CX, et (ii) une licence pour tous les droits d’auteur, l’utilisation et l’exploitation de Shenzhen CX de
Les produits logiciels informatiques de Shenzhen CX, y compris les droits de revente et les droits sur et sur tous les supports associés.

le
La durée du contrat de licence IP est de 10 ans du 20 avril 2017 au 20 avril 2027. Le contrat de licence IP peut être renouvelé sous réserve
à un avis de renouvellement de CX Network 2 mois avant son expiration. De plus, les deux parties peuvent résilier cette licence IP
Accord si l’une des parties commet une violation substantielle et ne parvient pas à remédier à cette violation après 10 jours après réception de l’avis de réparation
de l’autre partie. La licence contient certaines exigences de contrôle de la qualité, des directives de marque et de publicité et une approbation
processus que CX Network est tenu de maintenir.

le
Le résumé qui précède du contrat de licence IP ne prétend pas être complet et est soumis à, et qualifié dans son intégralité
par, le contrat de licence IP, qui est déposé en tant que pièce 10.6 du rapport actuel sur formulaire 8-K daté du 23 mars 2018.

Notre
Affaires

Général

Notre
l’activité principale actuelle est dans l’industrie des rencontres en ligne, qui, selon nous, répond aux besoins importants des adultes célibataires à la recherche
pour rencontrer un compagnon. Méthodes traditionnelles telles que les publicités imprimées, les services de rencontres hors ligne et les rassemblements publics
les lieux ne répondent souvent pas aux besoins des célibataires. Les publicités imprimées offrent aux individus des informations personnelles limitées
et l’interaction avant la réunion. Les services de rencontres hors ligne prennent du temps, sont chers et offrent un plus petit nombre de potentiel
les partenaires. Les lieux de rassemblement publics tels que les restaurants, les bars et autres lieux sociaux offrent une occasion limitée d’en apprendre davantage sur
d’autres avant une réunion en personne. En revanche, les services de rencontres en ligne facilitent les interactions entre célibataires en permettant
les filtrer et communiquer avec un grand nombre de compagnons potentiels avant de se rencontrer en personne. Avec des fonctionnalités telles que détaillées
profils personnels, e-mail, chat mobile et messagerie instantanée, ce support permet aux utilisateurs de communiquer avec d’autres célibataires à leur
commodité et leur donne la possibilité de rencontrer plusieurs personnes dans un cadre anonyme, pratique et sécurisé.

Les données
extrait du « Rapport de recherche sur l’état du marché et les perspectives d’investissement de l’industrie du mariage et de la rencontre sur Internet en Chine 2020-2026 »
publié par Zhiyan Consulting montre qu’en 2018, il y avait 246 millions de célibataires, soit 17,65% de la population totale
de Chine. Il y a 33,94 millions d’hommes non mariés de plus que de femmes non mariées. En 2019, le marché de la consommation annuelle des célibataires
représente environ 13 000 milliards de RMB, soit près d’un tiers des ventes au détail de biens de consommation. Nous pensons que l’économie unique
est en hausse.

Un autre
notre activité se concentre sur le jeu mobile. Selon le rapport de recherche sur l’industrie des jeux chinois 2020 publié par iResearch Inc.,
en 2019, le chiffre d’affaires du marché chinois des jeux était d’environ 288,48 milliards de RMB, soit une augmentation de 17,1% d’une année sur l’autre. Après avoir expérimenté
la période hivernale où le numéro de version a été suspendu en 2018, les fabricants de jeux chinois appréciaient chaque produit de jeu qui
a reçu un numéro de version. Tout en améliorant la qualité des produits et des opérations, les jeux nouvellement lancés seront orientés vers
joueurs disposant de ressources de promotion plus suffisantes et de contenu de jeu plus complet. Pour les jeux qui ont été publiés, les développeurs
investira également plus de temps et d’argent pour développer de meilleures versions. Cela a finalement conduit à l’augmentation du montant global du paiement
d’utilisateurs de jeux, ce qui a permis à la taille du marché chinois des jeux de croître au-delà des attentes du marché en 2019.

Notre
Des produits

En ligne
Produits de rencontre

Nos services de rencontres en ligne par abonnement de base
offrent aux adultes célibataires un cadre pratique et sécurisé pour rencontrer d’autres célibataires. Les utilisateurs de nos applications mobiles sont encouragés
devenir membres enregistrés et publier des profils. La publication d’un profil est un processus dans lequel les visiteurs doivent répondre à diverses questions
eux-mêmes, y compris des informations telles que leurs goûts alimentaires, leurs passe-temps et les attributs souhaités des partenaires potentiels. Les membres peuvent
publier également des photos d’eux-mêmes. Les membres peuvent effectuer des recherches détaillées sur d’autres profils et enregistrer leurs préférences et leurs profils
peut être consulté par les autres membres. Dans la plupart des cas, pour qu’un membre initie une communication par e-mail et par messagerie instantanée avec d’autres
le membre doit acheter un abonnement et devenir abonné. Un abonnement donne accès aux abonnés payants sur place
les systèmes de messagerie électronique, de chat mobile et de messagerie instantanée, permettant à ces abonnés de communiquer avec d’autres membres et des abonnés payants. Notre
Les utilisateurs effectuent des achats intégrés à la demande. Nos utilisateurs peuvent payer des frais d’abonnement sur une base mensuelle ou annuelle pour bénéficier d’une réduction
les prix des achats intégrés et des fonctionnalités supplémentaires ou étendues disponibles uniquement pour les abonnés. Au 30 septembre 2019, nous avions
3 475 423 membres enregistrés pour Little Love et 143 453 utilisateurs de HotChat, respectivement. Depuis le 30 septembre 2020, la Société n’exploitait plus Little Love et Hotchat.

Peu
Amour («小 恋爱»)

Plate-forme
Traits. Little Love propose à nos utilisateurs différentes manières de communiquer, notamment:

Privé
Bavarder. Les utilisateurs peuvent utiliser cette fonctionnalité pour partager des messages, des messages vocaux, des photos et des émoticônes entre eux dans un cadre totalement privé.

Sur site
Email. Nous fournissons à tous les abonnés des centres de messagerie privés. Ces boîtes e-mail personnelles sur site offrent des fonctionnalités telles que la personnalisation
dossiers pour stocker la correspondance, la possibilité de savoir quand les messages envoyés ont été lus, ainsi que les fonctions de blocage et d’ignorance, qui
permettre aux abonnés payants de contrôler les futurs messages d’abonnés payants spécifiques.

Chaud
Listes et favoris. Les «Hot Lists» permettent aux utilisateurs de voir qui les intéresse et d’enregistrer ces membres favoris
dans lequel ils ont un intérêt. Les listes incluent (1) qui a consulté leur profil, (2) leurs favoris et (3) qui leur a envoyé un courriel.
Les utilisateurs peuvent conserver leurs favoris sur une liste et ajouter leurs propres notes personnalisées.

Instant
Message. Les abonnés payants peuvent utiliser notre système de messagerie instantanée pour communiquer avec d’autres abonnés en temps réel. Ceci permet
abonnés à communiquer directement avec un autre abonné en ligne en même temps instantanément.

Personnes
Proche. «Personnes à proximité» connecte les utilisateurs avec des locaux aléatoires à proximité pour discuter et se rencontrer. Cette fonctionnalité permet
utilisateurs pour établir rapidement des connexions et augmenter les chances de trouver quelqu’un qui a des intérêts similaires.

Dans l’application
Achat en magasin. Notre fonction d’achat dans l’application permet aux utilisateurs d’acheter et d’offrir des cadeaux virtuels à d’autres utilisateurs qui pensent qu’ils le feraient
être compatibles les uns avec les autres. Un utilisateur peut également acheter des objets virtuels pour personnaliser et personnaliser son profil.

Hotchat
(«热 聊»)

Plate-forme
Traits. Hotchat offre à nos utilisateurs différentes façons d’établir des connexions avec des hôtes de chat en direct professionnels au lieu d’inconnus
étrangers. The live chat between users and hosts are protected by high level of privacy so that our users could feel comfortable
and engaged. Although Hotchat offers similar features as Little Love, it primarily focuses on assisting our male users connecting
with female live chat hosts.

Autre
Products


were two games that we co-operated with their developers: Magician Hero (魔纹游戏) and Shu Mountain Fantasy
(蜀山奇缘). Magician Hero featured non-stop-3D real action and battles based on Greek mythology. Shu Mountain
Fantasy was a role-playing game of Xian Xia theme based on the period of the fairy magic war, so that users could witness the
fall of the fairy tales. We planned to introduce the games to third parties’ platform or channels, marketing and promotions,
operation and maintenance on those platforms or channels introduced by us. However, based on the market responses, we suspended
the operations of the co-operations with other developers or operators in July 2020.

Ventes
and Marketing

nous
engage in a variety of marketing activities intended to drive user traffic to our mobile applications and give us the opportunity
to introduce our products and services to prospective users. For our online dating apps, we (i) pay various mobile app channels
to broadcast our apps to raise awareness of our products and increase their ranking to attract new users, (ii) engage in self-promoting
on social media, (iii) advertise our products via our cooperative public platforms, (iv) organize off-line experience events and
activities; and (v) we work with Hong Kong Xinglong Entertainment to engage its celebrity Girls Group 1n1 sisters as our product
representative and singing the song “Little Love” for our application. With respect to our mobile gaming application
which we launched in January 2018, our marketing strategy focus on seeking well known network and platform providers to broadcast
the games, improving the products to raise its ranking in appstores, and display advertising to increase the exposure to attract
new users.

From March 2018 to July 2020, we were actively
engaging co-developers or co-operators either to publish, market, or operate games that we are developing; or to allow other developers
to use our Little Love platform, which was no longer in operations since November 2019, to market and operate their games, or to
introduce and operate their games on third parties’ platforms.

nous
temporarily suspend our paid advertisements for Little Love to adjust our marketing strategy of Little Love from April 2018. Based
on the market responses, the Company started to suspend the operation of the Little Love in November 2019. After July
2020, the Company completely ceased the operations of the Little Love.

Recherche
and Development

We have an in-house R&D team consisting of skilled engineers
to develop our apps. For the years ended September 30, 2020 and 2019, research and development expenses amounted to $14,631 and
$16,604, respectively. The decrease of research and development expenses in the amount of $1,973 or 12% during the year ended September
30, 2020 was primarily attributable to suspended operations from April 2020.

Customer
Un service

Notre
call center and email support teams monitor our mobile applications as well as mobile application developed by other companies
for fraudulent activity, assist members with billing questions, help members complete personal profiles and answer technical questions.
Customer service representatives receive ongoing training in an effort to better personalize the experience for members and paying
subscribers who call or email us and to capitalize on upselling opportunities.

Technology

Notre
internal product teams are focused on the development and maintenance of products in addition to building and managing our software
and hardware infrastructure. We intend to continue investing in the development of new products, such as mobile applications,
and enhancing the efficiency and functionality of our existing products and infrastructure.

Notre
network infrastructure and operations are designed to deliver high levels of availability, performance, security and scalability
in a cost-effective manner.

Competition

nous
operate in a highly competitive environment with minimal barriers to entry. We believe the primary competitive factors in creating
a community on the Internet are functionality, brand recognition, reputation, critical mass of members, member affinity and loyalty,
ease-of-use, quality of service and reliability. We compete with a number of large and small companies, including vertically integrated
Internet portals and specialty-focused media companies that provide online and offline products and services to the online dating
market we serve. Our principal online dating services competitors include other mobile applications such as Momo, Tantan, Baobao
and others. Our principal mobile gaming competitors include other online gaming applications such as Happy Doudizhu, Clash of
Clans, Clash Royale, JJ Doudizhu and others. In addition, we face competition from new entrants that have recently offered free
and freemium mobile applications such as Feeling.

nous
believe our ability to compete depends upon many factors both within and beyond our control, including the following:

la
size and diversity of our member and paying subscriber bases;

la
timing and market acceptance of our apps, including the developments and enhancements to those apps and features relative
to those offered by our competitors;

customer
service and support efforts;

selling
and marketing efforts; et

notre
brand strength in the marketplace relative to our competitors.

Affaires
License

Tout
company that conducts business in the PRC must have a business license that covers the scope of the business in which such company
is engaged. Following the Share Exchange, we conduct our business through our control of Shenzhen CX. Each of CX Network
and Shenzhen CX holds a business license that covers its present business. The business license of CX Network was issued
in April 2016. The scope of registered business of CX Network includes computer information
systems, cloud storage, cloud computing, technology development, technical advice, technology transfer and technical services
(excluding restricted and prohibited items, involving license management and other special regulations management, obtaining permission
to operate); computer hardware and software, integrated circuit technology development, technical consulting, technology transfer
and technical services, computer programming, scientific and technological information consultation (excluding restricted items).
(
The business license of Shenzhen CX was issued in August 2015. The scope of registered business of Shenzhen CX includes mobile
phone software development (excluding limited items), computer software and hardware technology development and sales, economic
information consulting, business management consulting (none of the above include restricted items); domestic trade (excluding
franchise, Monopoly, Shangkong); import and export business (excluding items prohibited by laws and administrative regulations)
and others.

Employment
Laws

nous
are subject to laws and regulations governing our relationship with our employees including: wage and hour requirements, working
and safety conditions, and social insurance, housing funds and other welfare. These include local labor laws and regulations,
which may require substantial resources for compliance.

China’s
National Labor Law, which became effective on January 1, 1995, and China’s National Labor Contract Law, which became effective
on January 1, 2008, permit workers in both state and private enterprises in China to bargain collectively. The National Labor
Law and the National Labor Contract Law provide for collective contracts to be developed through collaboration between the labor
union (or worker representatives in the absence of a union) and management that specify such matters as working conditions, wage
scales, and hours of work. The laws also permit workers and employers in all types of enterprises to sign individual contracts,
which are to be drawn up in accordance with the collective contract. The National Labor Contract Law has enhanced rights
for the nation’s workers, including permitting open-ended labor contracts and severance payments. The legislation requires
employers to provide written contracts to their workers, restricts the use of temporary labor and makes it harder for employers
to lay off employees. It also requires that employees with fixed-term contracts be entitled to an indefinite-term contract
after a fixed-term contract is renewed once or the employee has worked for the employer for a consecutive ten-year period.

Tax

Pursuant
to the Provisional Regulation of China on Value Added Tax (“VAT”),their implementing rules and note on the
policy regarding simplify VAT rate, all entities and individuals that are engaged in the sale of goods and the provision of value
added services in China. Our VAT rates are 16%, 10%, and 6% in manufacturing, traditional services and modern services respectively,
less any deductible VAT already paid or borne by the taxpayer. We are subject to 6% VAT rate as a company in modern services.

Foreign
Currency Exchange

The
principal regulations governing foreign currency exchange in China are the Foreign Exchange Administration Regulations promulgated
by the State Council, as amended on August 5, 2008, or the Foreign Exchange Regulations. Under the Foreign Exchange Regulations,
the Renminbi is freely convertible for current account items, including the distribution of dividends, interest payments, trade
and service-related foreign exchange transactions. Conversion of Renminbi for capital account items, such as direct investments,
loans, repatriation of investments and investments in securities outside of China, however, is still subject to the approval of
the PRC State Administration of Foreign Exchange, or SAFE. Foreign-invested enterprises may only buy, sell and/or remit foreign
currencies at those banks authorized to conduct foreign exchange business after providing valid commercial documents and, in the
case of capital account item transactions, obtaining approval from the SAFE. Capital investments by foreign-invested enterprises
outside of China are also subject to limitations, which include approvals by the Ministry of Commerce, the SAFE and the State
Reform and Development Commission.

Dividend
Distributions

Under
applicable PRC regulations, enterprises in China may pay dividends only out of their accumulated profits, if any, determined in
accordance with PRC accounting standards and regulations. In addition, enterprises in China is required to set aside at least
10.0% of its after-tax profit based on PRC accounting standards each year as its statutory general reserves until the accumulative
amount of such reserves reach 50.0% of its registered capital. These reserves are not distributable as cash dividends. The board
of directors of enterprise has the discretion to allocate a portion of its after-tax profits to staff welfare and bonus funds,
which may not be distributed to equity owners except in the event of liquidation.

Government
Regulation

Notre
business is regulated by diverse and evolving laws and governmental authorities in China. We are subject to laws and regulations
related to Internet communications, privacy, consumer protection, security and data protection, intellectual property rights,
commerce, taxation, entertainment, recruiting and advertising. These laws and regulations are becoming more prevalent, and new
laws and regulations are under consideration by the Chinese governments. Any failure by us to comply with existing laws and regulations
may subject us to liabilities. New laws and regulations governing such matters could be enacted or amendments may be made to existing
regulations at any time that could adversely impact our services. Plus, legal uncertainties surrounding Chinese government regulations
could increase our costs of doing business, require us to revise our services, prevent us from delivering our services over the
Internet or slow the growth of the Internet, any of which could materially adversely affect our business, financial condition
and results of operations.

Regulations
Regarding Foreign Investment

Investment
activities in the PRC by foreign investors are principally governed by the Guidance Catalogue of Industries for Foreign Investment,
or the Catalogue, which was promulgated and is amended from time to time by the Ministry of Commerce and the National Development
and Reform Commission. Industries listed in the Catalogue are divided into three categories: encouraged, restricted and prohibited.
The restricted and prohibited categories combined are also called the negative list for foreign investment entry and will be subject
to special administrative measures. Industries not listed in the Catalogue are generally deemed as constituting a fourth “permitted”
category. Establishment of wholly foreign-owned enterprises is generally allowed in encouraged and permitted industries. Certains
restricted industries are limited to equity or contractual joint ventures, while in some cases Chinese partners are required to
hold the majority interests in such joint ventures. Foreign investors are not allowed to invest in industries in the prohibited
category. Industries not listed in the Catalogue are generally open to foreign investment unless specifically restricted by other
PRC regulations.

Taxation

PRC
Enterprise Income Tax

The
PRC Enterprise Income Tax Law, or EIT Law, and its implementation rules provide that from January 1, 2008, a uniform income tax
rate of 25% is applied equally to domestic enterprises as well as foreign investment enterprises.

The
EIT Law and its implementation rules provide that a withholding tax at the rate of 10% is applicable to dividends and other distributions
payable by a PRC resident enterprise to investors who are “non-resident enterprises” (that do not have an establishment
or place of business in the PRC, or that have such establishment or place of business but the relevant dividend or other distribution
is not effectively connected with the establishment or place of business). However, pursuant to the Arrangement between the Mainland
and Hong Kong Special Administrative Region for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect
to Taxes on Income effective on December 8, 2006, the withholding tax rate for dividends paid by a PRC resident enterprise is
5% if the Hong Kong enterprise owns at least 25% of the capital of the PRC enterprise; otherwise, the dividend withholding tax
rate is 10%. According to the Notice of the PRC State Administration of Taxation on Issues relating to the Administration of the
Dividend Provision in Tax Treaties promulgated on February 20, 2009 and effective on the same day, the corporate recipient of
dividends distributed by PRC enterprises must satisfy the direct ownership thresholds at all times during the 12 consecutive months
preceding the receipt of the dividends. However, if a company is deemed to be a pass-through entity rather than a qualified owner
of benefits, it cannot enjoy the favorable tax treatments provided in the tax arrangement. In addition, if transactions or arrangements
are deemed by the relevant tax authorities to be entered into mainly for the purpose of enjoying favorable tax treatments under
the tax arrangement, such favorable tax treatments may be subject to adjustment by the relevant tax authorities in the future.

Affaires
Tax and Value-added Tax

Pursuant
to the Temporary Regulations on Business Tax, which were promulgated by the State Council on December 13, 1993 and effective on
January 1, 1994, as amended on November 10, 2008 and effective January 1, 2009, any entity or individual conducting business in
a service industry is generally required to pay business tax at the rate of 5% on the revenues generated from providing such services.

Dans
March 2016, the Ministry of Finance and SAT jointly issued the Pilot Program of Replacing Business Tax with Value-Added Tax (“VAT”)
in an All-round Manner, or Circular 36, effective from May 2016, according to which PRC tax authorities have started imposing
VAT on revenues from various service sectors, including real estate, construction, financial services and insurance, as well as
other lifestyle service sectors, replacing the business tax replacing the business tax that co-existed with VAT for over 20 years.
The VAT rates applicable to us may be generally higher than the business tax rate we were subject to prior to the implementation
of Circular 36. For example, the VAT rate for sale and leasing of self-developed real estate will be increased from 5% (business
rate) to 11%. However, VAT rate for leasing of real estate which was owned by general taxpayer before April 30, 2016, will be
reduced to 5%. The PRC Enterprise Income Tax Law, or EIT Law, and its implementation rules provide that from January 1, 2008,
a uniform income tax rate of 25% is applied equally to domestic enterprises as well as foreign investment enterprises.

Regulations
Regarding Foreign Exchange

Pursuant
to the Foreign Currency Administration Rules, as amended, and various regulations issued by SAFE and other relevant PRC government
authorities, RMB is freely convertible to the extent of current account items, such as trade related receipts and payments, interest
and dividends. Capital account items, such as direct equity investments, loans and repatriation of investment, unless expressly
exempted by laws and regulations, still require prior approval from SAFE or its provincial branch for conversion of RMB into a
foreign currency, such as U.S. dollars, and remittance of the foreign currency outside of the PRC. Payments for transactions that
take place within the PRC must be made in RMB. Foreign currency revenues received by PRC companies may be repatriated into China
or retained outside of China in accordance with requirements and terms specified by SAFE.

Regulation
Regarding Foreign Exchange Registration of Offshore Investment by PRC

Residents

Circular
on Relevant Issues Concerning Foreign Exchange Control on Domestic Residents’ Offshore Investment and Financing and Roundtrip
Investment Through Special Purpose Vehicles, or Circular 37, issued by SAFE and effective in July 4, 2014, regulates foreign exchange
matters in relation to the use of special purpose vehicles, or SPVs, by PRC residents or entities to seek offshore investment
and financing and conduct round trip investment in China.

Circular
37 and other SAFE rules require PRC residents, including both legal and natural persons, to register with the local banks before
making capital contribution to any company outside of China (an “offshore SPV”) with onshore or offshore assets and
equity interests legally owned by PRC residents. In addition, any PRC individual resident who is the stockholder of an offshore
SPV is required to update its registration with the local banks with respect to that offshore SPV in connection with change of
basic information of the offshore SPV such as its company name, business term, the shareholding by individual PRC resident, merger,
division and with respect to the individual PRC resident in case of any increase or decrease of capital in the offshore SPV, transfer
of shares or swap of shares by the individual PRC resident. Failure to comply with the required SAFE registration and updating
requirements described above may result in restrictions being imposed on the foreign exchange activities of the PRC subsidiaries
of such offshore SPV, including increasing the registered capital of, payment of dividends and other distributions to, and receiving
capital injections from the offshore SPV. Failure to comply with Circular 37 may also subject the relevant PRC residents or the
PRC subsidiaries of such offshore SPV to penalties under PRC foreign exchange administration regulations for evasion of applicable
foreign exchange restrictions.

Regulation
Regarding Labor and Social Insurance

Pursuant
to the PRC Labor Law and the PRC Labor Contract Law, employers must execute written labor contracts with full-time employees.
All employers must comply with local minimum wage standards. Violations of the PRC Labor Contract Law and the PRC Labor Law may
result in the imposition of fines and other administrative and criminal liability in the case of serious violations.

Dans
addition, according to the PRC Social Insurance Law and Administration Measures on Housing Fund, employers like our PRC subsidiaries
in China must provide employees with welfare schemes covering pension insurance, unemployment insurance, maternity insurance,
work-related injury insurance, medical insurance, and housing funds.

Employees

Comme
of September 30, 2020, we have 3 full time employees covered by a collective bargaining agreement.  We have not experienced
any work stoppages and we consider our relations with our employees to be good.

nous
actively seek acquisition targets to complement our existing business and the Company plans to hire additional employees as required
once we identify and merge with a target company.

Intellectual
Propriété

nous
do not have any intellectual property. The following intellectual property is registered under and owned by Shenzhen CX and granted
to us through the IP License Agreement:

Patents: Dans
China, the term for utility model patents is 10 years from the filing date.

Patent Registered Area Registration
Number
Patent
Type
Registering
Authority

Registration Date

UNE
method of quick friend recommendation and making friends based on Bliss theorem
Chine 201810004413.5 Utility
Patent
Etat
Intellectual Property Office
01/2018
UNE
method of establishing friendly social relations based on accelerometer sensor
Chine 201810004321.8 Utility
Patent
Etat
Intellectual Property Office
01/2018

Copyrights:
In China, the term of copyrights related to published software is from the date of the publishing to December 31 of the 50e year
of the publishing.

Computer
Logiciel
Registered Area Registration
Number
Description Registering
Authority

Registration Date

Mobile
game “Qingyunzongshi” software V1.0
Chine 2018SR238455 Online
fantasy mobile game based on Chinese mythical realm
nationale
Copyright Administration of the People’s Republic of China (“NCAC”)
4/2018
Mobile
game “Juetianji” software V1.0
Chine 2018SR238453 Real-time
combat mobile game based on martial arts stories in Song dynasty
NCAC 4/2018
Mobile
game “Gujianqiyuan” software V1.0
Chine 2018SR238142 Online
fantasy mobile game based on Chinese mythical realm
NCAC 4/2018
Mobile
game “Haituyizhi” software V1.0
Chine 2018SR238436 Online
fantasy mobile game based on Chinese mythical realm
NCAC 4/2018
Mobile
game “Shushanqiyuan” software V1.0
Chine 2018SR179490 Role-playing
mobile game based on Chinese fantasy
NCAC 3/2018
Online
game “Eternal Tribe” software V1.0
Chine 2017SR259394 Online
fantasy mobile game based on Greek mythology
NCAC 6/2017
Bole
Guangdong Mahjong software, V1.0
Chine 2017SR260719 Mobile
board and card game
NCAC 6/2017
Peu
Love Lover Pairing android platform V. 1.0.7
Chine 2017SR133444 Mobile
dating and social application
NCAC 4/2017
Peu
flame social software android platform
Chine 2016SR342537 Social
network platform
NCAC 11/2016
Toi
have a date android platform
Chine 2016SR342565 Social
network platform
NCAC 11/2016
Peu
Love ios platform V1.0.0
Chine 2016SR250624 Mobile
dating and social application
NCAC 7/2016
Hot-Chat
Chatting Sytem (ios) V1.0.0
Chine 2016SR052205 Social
network platform
NCAC 3/2016
Hot-Chat
Social Application V1.0
Chine 2015SR209323 Social
network platform
NCAC 10/2015
Mobile
game “Wild World” software V1.0
Chine 2018SR910617 Wild
style mobile game
NCAC 9/2018
Mobile
game “Fairy Tale” software V1.0
Chine 2018SR910350 Pet
development class mobile game
NCAC 5/2018
Mobile
game “Imperial Spirit Fairy Way” software V1.0
Chine 2018SR911074 Fantasy
class mobile game
NCAC 5/2018
Mobile
game “Imperial City Conquest” software V1.0
Chine 2018SR913269 Des sports
class mobile game
NCAC 8/2018
Mobile
game “Fantasy adventure” software V1.0
Chine 2018SR913275 Adventure
style mobile game
NCAC 8/2018
Hot-Chat
Live Broadcast Application V1.0
Chine 2018SR913032 Live
broadcast application
NCAC 8/2018
Mobile
game “Fengtianjue” software V1.0
Chine 2018SR910450 Fantasy
style mobile game
NCAC 6/2018
Mobile
game “Miracle Throne” software V1.0
Chine 2018SR913036 Role
playing real-time strategy game series
NCAC 7/2018
Mobile
game “Carefree Leisure” software V1.0
Chine 2018SR910466 Realistic
style mobile game
NCAC 6/2018
Mobile
game “Legend of God Origin” software V1.0
Chine 2018SR910461 Big
world adventure mobile game
NCAC 6/2018
Moblie
game “Eternal Legend”
software
V1.0
Chine 2018SR291178 Role
playing real-time strategy game series
NCAC 4/2018
Moblie
game “Calamity Era”
Chine 2018SR871486 Fantasy
class mobile game
NCAC 10/2018
software
V1.0
Moblie
game “Martail Art King”
software
V1.0
Chine 2018SR842073 Acting
role playing mobile game
NCAC 10/2018
Hot-Chat
android platform
Chine 2018SR912032 Social NCAC 11/2018

Trademarks:
In China, the term of a registered trademark is 10 years. The owner can apply extension with the trademark office within six months
before or after the expiration. The review process of a trademark application usually takes about one year in China.

Trademarks Registered
Area

Trademark Number

Catégorie
Description
Registering
Authority
Term
Chine TMZC18469330D01T170306 Catégorie
38(1)
Category 45(2)
Trademark
Office of The State Administration For Industry & Commerce of the People’s Republic of China (the “Trademark
Office”)
1/2017-1/2027
Live
L’amour
Chine Not
available
Catégorie
9 (3)
Category 38(1)
Category 41(4)
Category 42(5)
Category 45(2)
The
Trademark Office
Processing,
pending approval
Chine TMZC26628755D01T181117

Catégorie
38(1)

Catégorie
45(2)

Catégorie
36(6)

The
Trademark Office
10/2018-10/2028

(1) Catégorie
38 includes information transmission; telephone communication; computer terminal communication; computer-aided information and
image transmission; providing global computer network telecommunications connection service; providing global computer network
user service; providing Internet chat room; providing database access service; Transmission; digital file transfer.

(2) Catégorie
45 includes dating services; open insurance lock; marriage introduction; fire control; organization of religious rallies; adoption
agency; lost property; fire extinguisher rental; fire extinguisher rental; plan and arrange wedding services.

(3) Catégorie
9 includes data processing equipment; computer storage device; computer; recorded computer operating program; disk; floppy disk;
recorded computer operating program; encoded magnetic card; microprocessor; computer software (recorded).

(4) Catégorie
41 includes organizational culture or educational exhibitions; organizing sports competitions; organizing performances (performances);
arranging and organizing concerts; organizing for recreational purposes; arranging and organizing concerts; arranging and organizing
concerts; fashion show; fashion show for entertainment.

(5) Catégorie
42 includes computer software design; computer software update; computer hardware design and development consulting; computer
software rental; recovery of computer data; computer software design; computer software design; computer software maintenance;
computer software system analysis; computer system design; computer program copy; tangible data or files into electronic media;
computer software installation; computer program and data conversion (non-tangible conversion); computer software consulting;
network server rental; provide internet search engine.

(6) Catégorie
36 includes organization collection; credit card payment processing; debit card payment processing; electronic transfer; online
banking; insurance consulting; brokerage; trustee management; electronic credit card transaction processing; online real-time
currency transaction (cut-off).

Domains:
In China, the registration of domains can be extended by annual renewal or periodic renewal by paying the annual or periodic registration
fee. If renewal registration fee is not paid timely, the domain will become available to the public. Shenzhen CX has timely paid
annual registration fee for all its domains.

Names

Registration Date

Registering
Authority
chuangxiangkj.hk 6/2016 Guangdong
Communication Administration
chuangxiang.hk 6/2016 Guangdong
Communication Administration
chuangxiangkj.cn 6/2016 Guangdong
Communication Administration
chuangxiangkj.com.cn 6/2016 Guangdong
Communication Administration
chuangxiangkj.com 6/2016 Guangdong
Communication Administration
ixiaolianai.com 7/2016 Guangdong
Communication Administration
ichuaungxiang.com 9/2015 Guangdong
Communication Administration
reliaoapp.com 8/2015 Guangdong
Communication Administration

ITEM
1A. RISK FACTORS

Not
applicable.

ITEM
1B. UNRESOLVED STAFF COMMENTS

The
Company is not required to provide the information required by this Item because the Company is a smaller reporting company.

ITEM
2. PROPERTIES

Tout
land in China is owned by the State. Individuals and companies are permitted to acquire rights to use land or land use rights
for specific purposes. In the case of land used for industrial purposes, the land use rights are granted for a certain period
no more than 50 years. This period may be renewed at the expiration of the initial and any subsequent terms. Granted land use
rights are transferable and may be used as security for borrowings and other obligations. We do not own or have not been granted
land use rights to any property in China or any other countries. We rent our office space through a lease which we believe is
adequate and suitable for our current operations.

nous
have the property set forth in the table below.

Emplacement Size Leased/Owned/Granted Function
Room
1801, Vanke building, Northwest Hong 7 Road, Hongtupian District, Nancheng Residential District, Dongguan, Guangdong Province,
China 523070
234
square meters
(approximately 2519 square feet)
Leased Bureau

ITEM
3. LEGAL PROCEEDINGS

Autre
than ordinary routine litigation (of which we are not currently involved), we know of no material, existing or pending legal proceedings
against us, nor are we involved as a plaintiff in any material proceeding or pending litigation, and there are no proceedings
in which any of our directors, officers or affiliates, or any registered or beneficial stockholder, is an adverse party or has
a material interest adverse to our company.

ITEM
4. MINE SAFETY DISCLOSURES

The
information required by Item 4 is not applicable to us, as we have no mining operations in the United States.

Part
II

ITEM
5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASE OF EQUITY SECURITIES

Market
Information

Notre
common stock trades in the OTC Grey marketplace under the symbol “CXKJ”. The OTC marketplace is a quotation service
that displays real-time quotes, last-sale prices, and volume information in over-the-counter (“OTC”) equity securities.
OTC Grey Market has limited quotations and marketability of securities. We plan to take the appropriate steps to up-list to the
OTCQB Exchange and resume priced quotations with market makers as soon as it is able, however, we cannot assure whether and when
we will be successful with respect to this plan.

Prix
Range of Common Stock

The
following table shows, for the periods indicated, the high and low bid prices per share of our post-split Common Stock as reported
by the OTC Markets, Inc. These bid prices represent prices quoted by broker-dealers on the OTCBB quotation service. The quotations
reflect inter-dealer prices, without retail mark-up, mark-down or commissions, and may not represent actual transactions.

High Low
Fiscal Year 2019
First quarter ended December 31, 2018 $ 0.01 $ 0.01
Second quarter ended March 31, 2019 $ 0 $ 0
Third quarter ended June 30, 2019 $ 0.01 $ 0.01
Fourth quarter ended September 30, 2019 $ 0.18 $ 0.15
Fiscal Year 2020
First quarter ended December 31, 2019 $ 0.65 $ 0.024
Second quarter ended March 31, 2020 $ 0.43 $ 0.025
Third quarter ended June 30, 2020 $ 0.1 $ 0.0075
Fourth quarter ended September 30, 2020 $ 0.094 $ 0.004

Holders

Comme
of January 13, 2021, there were 23 registered holders of record of our common stock.

Dividends


were no dividends paid during the years ended September 30, 2020 or 2019.

Securities
Authorized for Issuance under Equity Compensation Plans

Pendant
the fiscal year ended September 30, 2020, the Company has not adopted any incentive plan.

Rule
144

Dans
general, under Rule 144 a person, or persons whose shares are aggregated, who is not deemed to have been one of our affiliates
at any time during the 90 days preceding a sale and who has beneficially owned shares of our Common Stock for at least six months,
including the holding period of any prior owner, except if the prior owner was one of our affiliates, would be entitled to sell
all of their shares, provided the availability of current public information about our company.

Ventes
under Rule 144 may also subject to manner of sale provisions and notice requirements and to the availability of current public
information about our company. Any substantial sale of Common Stock pursuant to any resale registration statement or Rule 144
may have an adverse effect on the market price of our Common Stock by creating an excessive supply.

Because
we were a shell company with no operations prior to the close of the Share Exchange, sales of our shares must be compliant with
Rule 144(i). Pursuant to Rule 144(i), none of our shares of Common Stock may be sold under Rule 144 until March 2019, which is
12 months after we filed the current report on Form 8-K reporting the closing of the Share Exchange. Additionally, stockholders
may not sell our shares pursuant to Rule 144 unless at the time of the sale, we have filed all reports, other than reports on
Form 8-K, required under the Exchange Act with the SEC for the preceding 12 months.

Recent
Sales of Unregistered Securities

Information
regarding any equity securities we have sold during the period covered by this Annual Report that were not registered under the
Securities Act of 1933, as amended, is set forth below. Each such transaction was exempt from the registration requirements of
the Securities Act by virtue of Section 4(a)(2) of the Securities Act or Rule 506 of Regulation D promulgated by the SEC, unless
otherwise noted. Unless stated otherwise: (i) the securities were offered and sold only to accredited investors; (ii) there was
no general solicitation or general advertising related to the offerings; (iii) each of the persons who received these unregistered
securities had knowledge and experience in financial and business matters which allowed them to evaluate the merits and risk of
the receipt of these securities, and that they were knowledgeable about our operations and financial condition; (iv) no underwriter
participated in, nor did we pay any commissions or fees to any underwriter in connection with the transactions; and, (v) each
certificate issued for these unregistered securities contained a legend stating that the securities have not been registered under
the Securities Act and setting forth the restrictions on the transferability and the sale of the securities.

Sur
April 19, 2017, the Company issued series A Convertible Debenture to a purchaser in an aggregate principal amount of $150,000
(the “Debenture”) with an 8% interest convertible into shares of Common Stock, par value $.0001 per share at price
of $.01 per share.

Sur
March 20, 2018, the Company issued 5,350,000 shares of Common Stock to the former stockholders of CX Cayman in exchange of 100%
equity interest in CX Cayman pursuant to the Share Exchange Agreement.

Sur
April 25, 2018, the holder of Debenture converted the Debenture with 8% annual interest into 1,080,000 Conversion Shares. The
Notes, the shares of Common Stock issued to the Noteholders upon conversion of the Notes, the Debenture issued to the purchaser
and the shares issued to the former shareholders of CX Cayman by the Company are issued pursuant to the exemption from registration
available under Section 4(a)(2) of the Securities Act of 1933, as amended and Rule 506 and/or Regulation S promulgated thereunder.

ITEM
6. SELECTED FINANCIAL DATA

The
Company is not required to provide the information required by this Item because the Company is a smaller reporting company.

ITEM
7. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITIONS AND RESULTS OF OPERATIONS

Aperçu
of the Business

Notre
business focuses on development and operation of online dating and mobile gaming products either developed and operated by us,
or developed by us but co-operated by third parties; or developed by third parties but co-operated by us.

Our self-developed and self-operated online
dating products Little Love (“小恋爱”)
and Hotchat (“热聊”), which are no longer
in operations since November 2019, are mobile applications geared towards Chinese singles designed to increase a user’s likelihood
of finding a romantic connection. Our mission is to help individuals forge life-long relationships with others that share their
interests and values. Through these mobile applications, our users can search for and communicate with other like-minded individuals.
Our product creates a virtual community where users can meet, chat and message. We operate location-based social networks for meeting
new people on mobile platforms, including on iPhone, Android, iPad and other tablets that facilitate interactions among users and
encourage users to connect and chat with each other.

Our online dating mobile platforms monetize
through advertising, in-app purchases, and paid subscriptions. The Company offers online marketing capabilities, which enable
marketers to display their advertisements in different formats and in different locations. In the near future, we plan to offer
sophisticated data science for highly effective hyper-targeting. The Company is actively seeking the opportunities to works with
its advertisers to maximize the effectiveness of their campaigns by optimizing advertisement formats and placements. We temporarily
suspend our paid advertisements for Little Love to adjust our marketing strategy of Little Love from April 2018. Based on the
market responses, the Company started to suspend the operation of the Little Love and Hotchat in November 2019.
After July 2020, the Company completely ceased the operations of the Little Love and Hotchat.

Comme
China mobile game market continues to grow at rapid pace, our management team believe it is the right time to leverage our expertise
in gaming app development to tap into this hot market. We have been actively developing co-operation relationship with other developers
and operators since March 2018. There are two games that we are currently co-operating with their developers: Magician Hero (“魔纹游戏”)
and Shu Mountain Fantasy (“蜀山奇缘”) of which we are responsible for marketing, co-operating
and maintenance on the platforms and channels introduced by us. Magician Hero features non-stop-3D real action and battles based
on Greek mythology. Shu Mountain Fantasy is a role-playing game of Xian Xia theme based on the period of the fairy magic war,
so that users can witness the fall of the fairy tales. However, based on the market responses, we suspended the operations
of the co-operations with other developers or operators in July 2020.

Sur
April 20, 2017, CX Network entered into a series of VIE Agreements with Shenzhen Chuangxiang Network Technology Limited, or Shenzhen
CX, and its stockholders, in which CX Network effectively assumed management of the business activities of Shenzhen CX and has
the right to appoint all executives and senior management and the members of the board of directors of Shenzhen CX. Shenzhen CX
is a Chinese limited liability company and was formed under laws of the People’s Republic of China on August 14, 2015. Shenzhen
CX engages in the business of developing and operating membership-based social network, dating and mobile gaming, and interactive
live broadcast platforms. The Company is currently devoting its efforts to develop mobile applications and online platforms servicing
the Asia market.

Pour
more information of the VIE Agreements, please refer to the “Corporate Structure” section above.

Pursuant
to the Share Exchange Agreement signed on March 20, 2018, CXKJ acquired 100% of the issued and outstanding securities of CX Cayman
in exchange for 5,350,000 shares of Common Stock, par value $0.0001 per share of CXKJ. As a result of the Share Exchange, the
business of CX Cayman becomes our business. As such, the following results of operations are focused on the operations of CX Cayman
and exclude the operations of the Company prior to the Share Exchange.

Sur
the consummation of the Share Exchange, we engage in the business of developing and operating membership-based social network,
dating and mobile gaming, and interactive live broadcast platforms. We are currently devoting our efforts to develop mobile applications
and online platforms servicing the Asia market.

Conversion
of Debenture and Issuance

Sur
April 25, 2018, pursuant to a Securities Purchase agreement (the “Debenture Purchase Agreement”) entered into on April
19, 2017, in which the Company agrees to issue and sell in a private placement to a non-U.S. person (the “Purchaser”)
a series A convertible debenture in an aggregate principal amount of $150,000 (the “Debenture”) with an 8% annual
interest convertible into shares of common stock, par value $.0001 per share (the “Conversion Share(s)”) at price
of $0.15 per share to the Purchaser, the Purchaser converted the Debenture with 8% annual interest into 1,080,000 Conversion Shares.

Cure
of Over-issuance

Dans
connection with the closing of the Share Exchange closed on March 20, 2018 (“SEA”), the Company over-issued 3,585
shares of Common Stock to Golden Fish, one of the two shareholders of CX Cayman immediately prior to the closing of the SEA. Sur
June 25, 2018, the Company filed amendment to its Articles of Incorporation with the Secretary of State of Nevada to increase
its authorized common shares from 20,000,000 to 40,000,000 and issued shares to debt holder subsequently cured the over-issuance
of 3,585 shares of Common Stock to Golden Fish. On July 19, 2018, Golden Fish entered into an agreement with the Company to waive
any legal claim or indemnification rights it may have under the SEA or as permitted under applicable law in connection with the
over-issuance of 3,585 shares of Common from March 20, 2018 until June 25, 2018. On the same day, the Company entered into a waiver
agreement with the holder of Debenture pursuant to which the holder agrees to waive any legal claim or indemnification rights
it may have under the Debenture Agreement and Debenture or as permitted under applicable law in connection with the insufficiency
in reservation of underlying common shares in its then authorized capital from March 20, 2018 until June 25, 2018.

Foreign
Operations

Substantially
all of our business operations are conducted in Mainland China. Accordingly, our results of operations, financial condition and
prospects are subject to a significant degree to economic, political and legal developments in the PRC. We also have operations
in Hong Kong. Operating in foreign countries involves substantial risk. For example, our business activities subject us to a number
of Chinese laws and regulations, such as anti-corruption laws, tax laws, foreign exchange controls and cash repatriation restrictions,
data privacy and security requirements, labor laws, intellectual property laws, privacy laws, and anti-competition regulations,
which have uncertainties. Any failure to comply with the PRC laws and regulations could subject us to fines and penalties, make
it more difficult or impossible to do business in China and harm our reputation.

Operating
in foreign countries also subjects us to risk from currency fluctuations. Our primary exposure to movements in foreign currency
exchange rates relates to non-U.S. dollar denominated sales and operating expenses. The weakening of foreign currencies relative
to the U.S. dollar adversely affects the U.S. dollar value of our foreign currency-denominated sales and earnings. This could
either reduce the U.S. dollar value of our prices or, if we raise prices in the local currency, it could reduce the overall demand
for our offerings. Either could adversely affect our revenue. Conversely, a rise in the price of local currencies relative to
the U.S. dollar could adversely impact our profitability because it would increase our costs denominated in those currencies,
thus adversely affecting gross margins.

Historical
Activities

Acquisition
of Ding King Training Institute, Inc.

Sur
October 31, 2013, MLGT acquired all of the issued and outstanding capital stock of The Ding King Training Institute, Inc. (“Ding
King”), an entity controlled by Todd Sudeck (“Sudeck”), our then sole officer and director pursuant to an agreement
of exchange and sale of stock dated October 31, 2013. Upon closing of the transactions underlying the exchange agreement, the
Company acquired Ding King and Ding King became a wholly-owned subsidiary of the Company.

Securities
Purchase Agreement Mr. Huibin Su, Mr. Jiyin Li and Chaoran Zhang

Sur
March 31, 2017, Todd Sudeck entered into a securities purchase agreement (the “SPA”) with Mr. Huibin Su, Mr. Jiyin
Li, Mr. Chaoran Zhang (each a “Purchaser” and together, the “Purchasers”) and MLGT pursuant to which the
Purchasers acquired an aggregate of 12,000,000 shares of Common Stock (the “SPA Shares”) from Todd Sudeck for an aggregate
purchase price of $325,000. The transaction contemplated in the SPA closed on the same day (the “SPA Closing”). The
SPA Shares represented approximately 87.17% of then issued and outstanding Common Stock of MLGT. In connection with the SPA Closing,
Todd Sudeck, resigned from all his positions with the Company as the President, Chief Executive Officer, Chief Financial Officer,
Secretary and the sole member of the Board of Directors.

Simultaneously
with the SPA Closing, Mr. Huibin Su was appointed as the Company’s Chief Executive Officer, Chief Financial Officer and
a director of the Board, Mr. Jiyin Li was appointed as the Chairman of the Board, and Mr. Zizhong Huang was appointed as the Company’s
Chief Operating Officer, all effective immediately upon SPA Closing.

Disposition
of our Wholly-owned Subsidiary, Ding King

Sur
March 31, 2017, MLGT entered into a spin-off with Ding King, an entity controlled by Sudeck, our then sole officer and director,
and Sudeck (the “Spin-Off Agreement”). Pursuant to the Spin-Off Agreement, Sudeck received all of the issued and outstanding
capital stock of Ding King in exchange for approximately 166,667 shares of Common Stock of the Company owned by Sudeck. Immédiatement
upon and after the closing of the Spin-Off Agreement, Sudeck became the sole equity owner of Ding King and MLGT no long held any
equity interest in Ding King.

Nom
Change, Domicile Change and Reverse Split

Sur
July 11, 2017, MLGT merged with and into CXKJ (the “Merger”), with CXKJ as the surviving corporation that operates
under the name “CX Network Group, Inc.” (the “Name Change”), pursuant to an agreement and plan of merger
(the “Merger Agreement”) dated July 3, 2017.

Pursuant
to the Merger Agreement, immediately after the effective time of the Merger, the Company’s corporate existence is governed
by the laws of the State of Nevada and the Articles of Incorporation and bylaws of CXKJ (the “Domicile Change”), and
each outstanding share of MLGT’s common stock, par value $0.0001 per share was converted into 0.0667 outstanding share of
common stock of CXKJ, par value $0.0001 per share at a one-for-fifteen reverse split ratio.

The
Name Change, Merger and Reverse Split was approved by the Financial Industry Regulatory Authority (“FINRA”) on July
11, 2017 and such corporation actions took effect at the open of business on July 12, 2017. Immediately prior to the effectiveness
of the Reverse Split, we had 217,300,000 shares of common stock of MLGT issued and outstanding. Immediately upon the effectiveness
of the reverse stock split, we have 14,486,670 shares of Common Stock of CXKJ issued and outstanding.

Sur
August 11, 2017, the Company was notified by FINRA Department of Market Operations (the “Department”) that they did
not process the Reverse Split because they believed that the documentation provided by the Company did not support the Company’s
request to process a reverse split. In the same letter, the Department notified the Company that they processed the Company’s
request of the Merger, the mechanism the Company used to consummate the corporate actions mentioned above. Also in that letter,
the Department mentioned that it announced the Reverse Split on July 11, 2017 but subsequently revised the announcement on July
28, 2017. On August 14, 2017, the Company received a notice from the Department that they did not process the symbol change because
“there is currently no symbol assigned to the Company.”

Sur
August 16, 2017, the Company appealed the decisions made by the Department as mentioned herein above in connection with Reverse
Stock Split, Name Change and Domicile Change (for more information about the corporate actions, refer to the current report on
Form 8-K the Company filed on July 12, 2017). On October 3, 2017, a Subcommittee of FINRA’s Uniform Practice Code Committee
decided to remand the case to the Department for further review. Subsequently, the Department granted the Company’s application
for a symbol change. On November 3, 2017, the trading symbol for the Company was changed to “CXKJ”, effective immediately.
The new CUSIP number is 12672T 108.

Financial
Operations Overview

Results
of Operations for the years ended September 30, 2020 and 2019

2020 2019
% of Sale % of Sale
Revenues $ $ 83,851
Cost of Revenues % 12,877 15 %
Gross Profit % 70,974 85 %
Operating Expenses:
General and administrative expenses 255,152 % 333,373 398 %
Research and development expenses 14,631 % 16,604 20 %
Total Operating Expenses 269,783 % 349,977 417 %
Loss from Operations (269,783 ) % (279,003 ) (333 )%
Other Income 3,805 % 72,258 86 %
Loss Before Income Taxes (265,978 ) % (206,745 ) (247 )%
Income Taxes
Net Loss $ (265,978 ) % $ (206,745 ) (247 )%

Revenues

For the year ended September 30, 2020,
we had total revenues of $nil as compared to $83,851 for the year ended September 30, 2019. Based on the market responses, the
Company started to suspend the operation of the Little Love and Hotchat in November 2019. After July 2020, the Company completely
ceased the operations of the Little Love and Hotchat. Hence, no revenue was recorded during the current year.

Cost of Revenues

For the years ended September 30,
2020 and 2019, cost of revenues amounted to $nil and $12,877, respectively. The Company started to suspend the operation of
the Little Love and Hotchat in November 2019. After July 2020, the Company completely ceased the operations of the Little
Love and Hotchat. Hence, no cost of revenue was recorded during the current year.

Gross Profit

For the years ended September 30,
2020 and 2019, gross profit amounted to $nil and $70,974, respectively. The decrease of gross profit during the year ended
September 30, 2020 compared to the year of 2019 was primarily attributable to the reason mentioned above,

General and Administrative
Expenses

For the years ended September 30,
2020 and 2019, general and administrative expenses amounted to $255,152 and $333,373, respectively. The decrease of general
and administrative expenses in the amount of $78,221 or 23% was primarily attributable to the COVID-19 pandemic surfaced in
China has significantly affected the Company’s operation from January 2020 and the Company temporarily suspended all of
its operation from April 2020.

Research and Development
Expenses

For the years ended September 30, 2020
and 2019, research and development expenses amounted to $14,631 and $16,604, respectively. The decrease of research and development
expenses in the amount of $1,973 or 12% during the year ended September 30, 2020 was primarily attributable to suspended operations
from April 2020.

Other Income

For the year ended September 30, 2020,
total other income was $3,805 as compared to other income of $72,258 for the year ended September 30, 2019. The decrease in other
income is primarily because there was no more subsidy from government during the current year.

Net loss

For the years ended September 30, 2020
and 2019, net loss amounted to $265,978 and $206,745, respectively. The increase of net loss in the amounts of $59,233 or 29% for
the year ended September 30, 2020 was a result of the factors described above.

Foreign Currency Translation Adjustment

The functional currency of our Shenzhen
CX, Guangzhou CX and Dongguan CX operating in the PRC is the Chinese Yuan or Renminbi (“RMB”). The financial statements
of entities in China are translated to U.S. dollars using period end rates of exchange for assets and liabilities, and average
rates of exchange (for the period) for revenues, costs, and expenses. Net gains and losses resulting from foreign exchange transactions
are included in the consolidated statements of operations.

As a result of these translations,
which are a non-cash adjustment, we reported a foreign currency translation loss of $10,125 pour
the year ended September 30, 2020 as compared to a foreign currency translation gain of $4,359 for the year ended September
30, 2019. This non-cash gain (loss) had the effect of decreasing (increasing) our reported comprehensive loss.

Comprehensive Loss

For the year ended September 30, 2020,
comprehensive loss of $276,103 is derived from our net loss of $265,978. For the year ended September 30, 2019, comprehensive loss
of $202,386 is derived from net loss of $206,745.

Liquidity and Capital Resources

In assessing the Company’s liquidity, the Company monitors
and analyzes its cash and cash equivalents and its operating and capital expenditure commitments. The Company’s liquidity
needs are to meet its working capital requirements, operating expenses and capital expenditure obligations. As of September 30,
2020, the Company’s working capital deficit was approximately $857,591 as compared to working capital deficit of approximately
$596,000 as of September 30, 2019. As of September 30, 2020 and September 30, 2019, the Company’s accumulated deficit was
approximately $2,567,413 and $2,301,435, respectively, and the Company has incurred losses since inception. None of the Company’s
stockholders, officers or directors, or third parties, are under any obligation to advance the Company funds, or to invest in it.
Accordingly, the Company may not be able to obtain additional financing. If the Company is unable to raise additional capital,
the Company may be required to take additional measures to conserve liquidity, which could include, but not necessarily be limited
to, curtailing operations, suspending the pursuit of its business plan, and reducing overhead expenses. The Company cannot provide
any assurance that new financing will be available to us on commercially acceptable terms, if at all.

Cash
flows from the Company’s operations are calculated based upon the local currencies using the average translation rate. Comme
a result, amounts related to assets and liabilities reported on the statement of cash flows will not necessarily agree with changes
in the corresponding balances on the balance sheets.

The
following summarizes the key components of the Company’s cash flows for years ended September 30, 2020 and 2019:

Years Ended
September 30,
2020 2019
Net cash used in operating activities $ (144,300 ) $ (151,463 )
Cash flows used in investing activities $ $
Cash flows provided by financing activities $ 154,643 $ 135,511
Effect of exchange rate on cash and cash equivalent $ (15,520 ) $ (131 )
Net decrease in cash and cash equivalents $ (10,343 ) $ (16,083 )

Net cash used in operating activities for
the year ended September 30, 2020 was $144,300 as compared to net cash used in operating activities of $151,463 for the year ended
September 30, 2019. The decrease in cash used in operating activities for the year ended September 30, 2020 was mainly due to the
increase in accrued liability and other payable and partially offset by the decrease of net loss.

Net cash provided by financing activities
for the year ended September 30, 2020 was $154,643 as compared to $135,511 for the year ended September 30, 2019. The increase
in cash provided by financing activities for the year ended September 30, 2020 was mainly due to the decrease of the repayment
to related parties and partially offset by decrease of proceeds from related parties and.

Critical
Accounting Policies and Estimates

Going
Concern

In assessing the Company’s liquidity,
the Company monitors and analyzes its cash and cash equivalents and its operating and capital expenditure commitments. The Company’s
liquidity needs are to meet its working capital requirements, operating expenses and capital expenditure obligations. As of September
30, 2020, the Company’s current liabilities exceeded the current assets with $857,591, its accumulated deficit was $2,567,413
and the Company has incurred losses since inception. Besides based on the market responses, the Company started to suspend the
operation of the Little Love and Hotchat in November 2019. After July 2020, the Company completely ceased the operations of the
Little Love and Hotchat. None of the Company’s stockholders, officers or directors, or third parties, are under any obligation
to advance us funds, or to invest in the Company. Accordingly, the Company may not be able to obtain additional financing. Si la
Company is unable to raise additional capital, the Company may be required to take additional measures to conserve liquidity, which
could include, but not necessarily be limited to, curtailing operations, suspending the pursuit of our business plan, and reducing
overhead expenses. In the coming years, the Company plans to develop E-commerce business in the app of Little Love to increase
revenues to meet its future cash flow requirements. However, the Company cannot provide any assurance on the successful development
of the Company’s contemplated plan of operations or the financing that will be available to us on commercially acceptable
terms, if at all.

Celles-ci
conditions raise substantial doubt about our ability to continue as a going concern. The financial statements do not include any
adjustments to reflect the possible future effects on the recoverability and classification of assets or the amounts and classifications
of liabilities that may result should the Company be unable to continue as a going concern.

Utilisation
of estimates

The
preparation of financial statements in conformity with U.S. 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 reporting period. Actual results could differ from those
estimates.

Net
loss per common share

The
Company complies with accounting and disclosure requirements of FASB ASC Topic 260, “Earnings Per Share.” Net loss
per common share is computed by dividing net loss applicable to common stockholders by the weighted average number of common shares
outstanding for the period. At September 30, 2020 and 2019, the Company did not have any dilutive securities and other contracts
that could, potentially, be exercised or converted into common stock and then share in the earnings of the Company. As a result,
diluted loss per common share is the same as basic loss per common share for the periods presented.

Fair
value of financial instruments

The
Company follows the provisions of ASC 820, “Fair Value Measurements and Disclosures.” ASC 820 clarifies the definition
of fair value, prescribes methods for measuring fair value, and establishes a fair value hierarchy to classify the inputs used
in measuring fair value as follows:

Level
1-Inputs are unadjusted quoted prices in active markets for identical assets or liabilities available at the measurement date.

Level
2-Inputs are unadjusted quoted prices for similar assets and liabilities in active markets, quoted prices for identical or similar
assets and liabilities in markets that are not active, inputs other than quoted prices that are observable, and inputs derived
from or corroborated by observable market data.

Level
3-Inputs are unobservable inputs which reflect the reporting entity’s own assumptions on what assumptions the market participants
would use in pricing the asset or liability based on the best available information.

The
carrying amounts reported in the balance sheets for cash, accounts receivable, other receivable, prepaid expenses, current security
deposit, accrued liabilities and other payable, and short-term loans approximate their fair market value based on the short-term
maturity of these instruments.

Management
believes it is not practical to estimate the fair value of due to related party because the transactions cannot be assumed to
have been consummated at arm’s length, the terms are not deemed to be market terms, there are no quoted values available
for these instruments, and an independent valuation would not be practical due to the lack of data regarding similar instruments,
if any, and the associated potential costs.

Risks
and Uncertainties

The
Company’s operations are substantially carried out in the PRC. Accordingly, the Company’s business, financial condition
and results of operations maybe substantially influenced by the political, economic and legal environments in the PRC, and by
the general state of the PRC’s economy. The Company’s operations in the PRC are subject to specific considerations
and significant risks not typically associated with companies in North America and Western Europe. These include risks associated
with, among others, the political, economic and legal environments and foreign currency exchange. The Company’s results
may be adversely affected by changes in governmental policies with respect to laws and regulations, anti-inflationary measures,
currency conversion and remittance abroad, and rates and methods of taxation, among other things.

Financial
instruments which potentially subject the Company to concentrations of credit risk consist principally of cash and trade accounts
receivable. Substantially all of the Company’s cash is maintained with state-owned banks within the PRC, and no deposits
are covered by insurance. The Company has not experienced any losses in such accounts and believes it is not exposed to any risks
on its cash in bank accounts.

Cash
and cash equivalents

Cash
and cash equivalents consist of cash on hand and all highly liquid investments with original maturities of three months or less
when purchased.

Accounts
receivable

Accounts
receivable primarily represents the cash due from third-party application stores and other payment channels, net of allowance
for doubtful accounts. The Company makes estimates for the allowance for doubtful accounts based upon its assessment of various
factors, including the age of accounts receivable balances, credit quality of third-party application stores and other payment
channels, current economic conditions and other factors that may affect their ability to pay. An allowance for doubtful accounts
is recorded in the period in which a loss is determined to be probable. Provision for doubtful accounts was $2,894 and $nil for
the year ended September 30, 2020 and 2019, respectively.

Propriété
and equipment, net

Propriété
and equipment are recorded at cost less accumulated depreciation and amortization. Significant additions or improvements extending
useful lives of assets are capitalized. Maintenance and repairs are charged to expense as incurred. Depreciation and amortization
are computed based on cost, less their estimated residual value, if any, using the straight-line method over the estimated useful
lives as follows:

Electronic
équipement
3
years
Furniture
and fixtures
3
years

Impairment
of long-lived assets

Long-lived
assets held and used by the Company are reviewed for impairment whenever events or changes in circumstances indicate that the
carrying value of such assets may not be fully recoverable. It is possible that these assets could become impaired as a result
of technology, economy or other industry changes. If circumstances require a long-lived asset or asset group to be tested for
possible impairment, the Company first compares undiscounted cash flows expected to be generated by that asset or asset group
to its carrying value. If the carrying value of the long-lived asset or asset group is not recoverable on an undiscounted cash
flow basis, an impairment is recognized to the extent that the carrying value exceeds its fair value. Fair value is determined
through various valuation techniques, including discounted cash flow models, relief from royalty income approach, quoted market
values and third-party independent appraisals, as considered necessary.

The
Company makes various assumptions and estimates regarding estimated future cash flows and other factors in determining the fair
values of the respective assets. The assumptions and estimates used to determine future values and remaining useful lives of long-lived
assets are complex and subjective. They can be affected by various factors, including external factors such as industry and economic
trends, and internal factors such as the Company’s business strategy and its forecasts for specific market expansion. The
Company did not record any impairment charges for the years ended September 30, 2020 and 2019.

Income
impôts

The
Company utilizes ASC Topic 740 (“ASC 740”) “Income taxes”, which requires the recognition of deferred
tax assets and liabilities for the expected future tax consequences of events that have been included in the consolidated financial
statements or tax returns. Under this method, deferred income taxes are recognized for the tax consequences in future years of
differences between the tax bases of assets and liabilities and their financial reporting amounts at each period end based on
enacted tax laws and statutory tax rates applicable to the periods in which the differences are expected to affect taxable income.
Valuation allowances are established, when necessary, to reduce deferred tax assets to the amount expected to be realized.

ASC
740 “Income taxes” clarifies the accounting for uncertainty in tax positions. This interpretation requires that an
entity recognizes in the financial statements the impact of a tax position, if that position is more likely than not of being
sustained upon examination, based on the technical merits of the position. Recognized income tax positions are measured at the
largest amount that is greater than 50% likely of being realized. Changes in recognition or measurement are reflected in the period
in which the change in judgment occurs. The Company has elected to classify interest and penalties related to unrecognized tax
benefits, if and when required, as part of income tax expense in the consolidated statements of operations. The Company evaluate
the level of authority for each uncertain tax position (including the potential application of interest and penalties) based on
the technical merits, and measure the unrecognized benefits associated with the tax positions. As of September 30, 2020 and September
30, 2019, the Company did not have any unrecognized tax benefits.

Revenue
recognition

Effective
October 1, 2018, the Company adopted Accounting Standards Codification Topic 606, “Revenue from Contracts with Customers”
(“ASC 606”) using the modified retrospective method. Results for the reporting period beginning after October 1, 2018
are presented under ASC 606, while prior period amounts have not been adjusted and continue to be reported in accordance with
the Company’s historic accounting under Topic 605. Management has determined that the adoption of ASC 606 did not impact
the Company’s previously reported financial statements in any prior period nor did it result in a cumulative effect adjustment
to opening retained earnings.

Under
ASC 606, the Company recognizes revenue when a customer obtains control of promised goods, in an amount that reflects the consideration
which the Company expects to receive in exchange for the goods. To determine revenue recognition for arrangements within the scope
of ASC 606, the Company performs the following five steps: (1) identify the contracts with a customer; (2) identify the performance
obligations in the contract; (3) determine the transaction price; (4) allocate the transaction price to the performance obligations
in the contract; and (5) recognize revenue when or as the entity satisfies a performance obligation. The Company only applies
the five-step model to contracts when it is probable that the entity will collect the consideration it is entitled to in exchange
for the goods it transfers to the customer.

The
Company currently recognizes revenue from application users in the form of membership subscription and à la carte online
credit purchases. Membership subscription is a service package which enables members to enjoy additional functions and privileges.
Members pay in advance, primarily by using a debit card or through mobile app stores, and, subject to certain conditions identified
in the Company’s terms and conditions, all purchases are final and nonrefundable. Fees collected, in advance for membership
subscription, are deferred and recognized as revenue using the straight-line method over the terms of the applicable membership
period, which primarily range from one to three months. Membership subscription revenue is insignificant for the years ended September
30, 2019 and 2018. À la carte online credit purchases are non-refundable and the risk passes to users when users pay for
à la carte features. Revenue from the purchase of à la carte features is recognized upon users paying for the purchase.
In the year ended September 30, 2019, the Company also generated revenue from development and sale of software. Revenue from development
and sale of software is recognized when the software is delivered to and accepted by the customer.

Revenue
was recorded on a gross basis, net of surcharges and value added tax (“VAT”) of gross sales. The Company recorded
revenue on a gross basis because the Company has the following indicators for gross reporting: is the primary obligor of the sales
arrangements has latitude in establishing prices, has discretion in suppliers’ selection and assumes credit risks on receivables
from customers.

Cost
of revenues

Cost
of revenues primarily includes bandwidth costs, professional expenses associated with maintenance of mobile platform, and labor
costs.

Foreign
currency translation

The
reporting currency of the Company is the U.S. dollar. The functional currency of CX Network and Shenzhen CX is the local currency,
the Chinese Renminbi (“RMB”) as PRC is the primary economic environment in which they operate. The functional currency
of CX HK is Hong Kong Dollar (the “HKD”). The Company’s subsidiaries or VIE with functional currency of RMB
translate their operating results and financial positions into the U.S. dollar, the Company’s reporting currency. Results
of operations and cash flows are translated at average exchange rates during the period, assets and liabilities are translated
at the unified exchange rate at the end of the period, and equity is translated at historical exchange rates. Translation adjustments
resulting from the process of translating the local currency financial statements into U.S. dollars are included in other comprehensive
income in the statement of stockholders’ equity. The Company does not enter any material transaction in foreign currencies
and accordingly, transaction gains or losses have not had, and are not expected to have, a material effect on the results of operations
of the Company.

Accumulated
other comprehensive loss

Comprehensive
loss is comprised of net loss and all changes to the statements of stockholders’ equity, except those due to investments
by stockholders, changes in paid-in capital and distributions to stockholders. For the Company, comprehensive loss for the year
ended September 30, 2020 and the year ended September 30, 2019 included net loss and unrealized loss (gain) from foreign currency
translation adjustments.

Recherche
and development expenses

Recherche
and development expenses include salaries and benefits for research and development personnel, depreciation expenses associated
with the research and development activities, and other related expenses associated with product development. The Company’s
research and development activities primarily consist of the research and development of new features for its mobile platform
and its self-developed mobile games. The Company has expensed all research and development expenses when incurred.

en relation
parties

Parties
are considered to be related to the Company if the parties that, directly or indirectly, through one or more intermediaries, control,
are controlled by, or are under common control with the Company. Related parties also include principal owners of the Company,
its management, members of the immediate families of principal owners of the Company and its management and other parties with
which the Company may deal if one party controls or can significantly influence the management or operating policies of the other
to an extent that one of the transacting parties might be prevented from fully pursuing its own separate interests.

Operating
leases

Sur
October 1, 2019, the Company adopted Accounting Standards Update (ASU) 2016-02, Leases (as amended by ASU 2017-13, 2018-01, 2018-10
& 11, 2018-20, and 2019-01, collectively ASC Topic 842), using the modified retrospective method. The Company elected the
transition method which allows entities to initially apply the requirements by recognizing a cumulative-effect adjustment to the
opening balance of retained earnings in the period of adoption. As a result of electing this transition method, previously reported
financial information has not been restated to reflect the application of the new standard to the comparative periods presented.
The Company elected the package of practical expedients permitted under the transition guidance within ASC 842, which among other
things, allows the Company to carry forward certain historical conclusions reached under ASC Topic 840 regarding lease identification,
classification, and the accounting treatment of initial direct costs. The Company elected not to record assets and liabilities
on its consolidated balance sheet for new or existing lease arrangements with terms of 12 months or less. The Company recognizes
lease expenses for such lease on a straight-line basis over the lease term.

The
primary impact of applying ASC Topic 842 is the initial recognition of approximately $15,000 of lease liability and right-of-use
asset on the Company’s consolidated balance sheet as of October 1, 2019, for lease classified as operating lease under ASC
Topic 840, as well as enhanced disclosure of the Company’s leasing arrangement. There is no cumulative effect to accumulated
deficit or other components of equity recognized as of October 1, 2019 and the adoption of this standard did not impact the consolidated
statement of operations and comprehensive loss. The Company does not have finance lease arrangements as of June 30, 2020. See
Note 8 for further discussion.

OFF-BALANCE
SHEET ARRANGEMENTS

Comme
of September 30, 2020 and September 30, 2019, there are no off-balance sheet arrangements between us and any other entity that
have, or are reasonably likely to have, a current or future effect on our financial condition, changes in financial condition,
revenues or expenses, results of operations, liquidity, capital expenditures or capital resources that are material to our investors.

Recent
Accounting Pronouncements

See
Note 2 of our Financial Statements included in this report for discussion of recent accounting pronouncements.

ITEM
7A. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

The
Company is not required to provide the information required by this Item because the Company is a smaller reporting company.

ITEM
8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

The
consolidated financial statements are included in Part III, Item 15 (a) (1) and (2) of this Report.

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

On January 6, 2021, CX Network Group, Inc.
(the “Company”) provided MaloneBailey, LLP (“MaloneBailey”) with its disclosures in the Current Report
on Form 8-K disclosing the termination of the engagement of MaloneBailey and requested in writing that MaloneBailey furnish the
Company with a letter addressed to the Securities and Exchange Commission stating whether or not they agree with such disclosures.
MaloneBailey’s response is filed as an exhibit to the Current Report on Form 8-K filed on January 8, 2021.

The auditor reports by MaloneBailey contained
in the financial statements of the Company for the years ended September 30, 2019 and 2018, filed as part of the annual reports
on Form 10-K for the years ended September 30, 2019 and 2018, did not contain an adverse opinion or disclaimer of opinion or were
qualified or modified as to uncertainty, audit scope or accounting principles, other than to state that there is substantial doubt
as to the Company’s ability to continue as a going concern. There had been no disagreements with MaloneBailey on any matter
of accounting principles or practices, financial statement disclosure, or auditing scope or procedure during the years ended September
30, 2019 and 2018, nor in the subsequent period through January 6, 2021.

On January 4, 2021, the Board of Directors of the Company engaged
JLKZ CPA LLP (“JLKZ”) as its independent accountant to provide auditing services for going forward for the Company.
The Company has terminated the engagement of MaloneBailey. The decision to hire JLKZ was approved by the Company’s Board
of Directors.

Pendant
our two most recent fiscal years and through the subsequent interim period through the date MaloneBailey was dismissed, MaloneBailey
did not advise us as to any reportable events as set forth in Item 304(a)(1)(v)(A) through (D) of Regulation S-K (“Item
304”). Furthermore, during our two most recent fiscal years, and the subsequent interim period prior to engaging JLKZ, we
(nor anyone on our behalf) did not consult JLKZ regarding either the application of accounting principles to a specified transaction,
either completed or proposed; or the type of audit opinion that might be rendered on our financial statements, and neither a written
report was provided to us nor oral advice was provided that JLKZ concluded was an important factor considered by us in reaching
a decision as to the accounting, auditing or financial reporting issue; or any matter that was either the subject of a disagreement
(as defined in paragraph (a)(1)(iv) of Item 304 and the related instructions to this item) or a reportable event (as described
in paragraph (a)(1)(v) of Item 304).

nous
provided MaloneBailey with a copy of the disclosures/statements we made in response to Item 304(a). We requested and received
from MaloneBailey a letter, dated January 7, 2021, addressed to the SEC stating that it agreed with such statements. A copy
of the letter is attached as Exhibit 16.1 to the current report on Form 8-K dated January 8, 2021.

ITEM
9A. CONTROLS AND PROCEDURES

(une) Evaluation
of Disclosure Controls and Procedures.

nous
maintain “disclosure controls and procedures” as such term is defined in Rule 13a-15(e) under the Securities Exchange
Act of 1934. In designing and evaluating our disclosure controls and procedures, our management recognized that disclosure controls
and procedures, no matter how well conceived and operated, can provide only reasonable, not absolute, assurance that the objectives
of disclosure controls and procedures are met. Additionally, in designing disclosure controls and procedures, our management necessarily
was required to apply its judgment in evaluating the cost-benefit relationship of possible disclosure controls and procedures.
The design of any disclosure controls and procedures also is based in part upon certain assumptions about the likelihood of future
events, and there can be no assurance that any design will succeed in achieving its stated goals under all potential future conditions.
Based on his evaluation as of the end of the fiscal year ended September 30, 2020, our chief executive officer, who served as
both our chief financial officer and principal accounting manager, concluded that our disclosure controls and procedures were
not effective such that the information relating to our company, required to be disclosed in our Securities and Exchange Commission
reports (i) is recorded, processed, summarized and reported within the time periods specified in SEC rules and forms, and (ii)
is accumulated and communicated to our management, including our chief executive officer, to allow timely decisions regarding
required disclosure as a result of the material weaknesses in our internal control over financial reporting due to the existence
of the following material weaknesses:

UNE
lack of sufficient and adequately trained internal accounting and finance personnel with appropriated understanding of U.S.
GAAP and SEC reporting requirement;
UNE
lack of segregation of duties within significant accounts;
UNE
lack of a functioning audit committee and a majority of outside directors on the Company’s board of director.

Management’s
Report on Internal Control over Financial Reporting

Comme
of September 30, 2020, management assessed the effectiveness of our internal control over financial reporting based on the criteria
for effective internal control over financial reporting established in the 2013 updated Internal Control-Integrated Framework
issued by the Committee of Sponsoring Organizations of the Treadway Commission (“COSO”) and SEC guidance on conducting
such assessments. Based on that evaluation, management concluded that, during the period covered by this report, such internal
controls and procedures were not effective to detect the inappropriate application of US GAAP rules as more fully described below.
This was due to deficiencies that existed in the design or operation of our internal controls over financial reporting that adversely
affected our internal controls and that are considered to be material weaknesses as described herein above. A material weakness
is a deficiency, or a combination of deficiencies, in internal control over financial reporting, such that there is a reasonable
possibility that a material misstatement of the company’s annual or interim financial statements will not be prevented or
detected on a timely basis.

Notwithstanding
the existence of these material weaknesses in our internal control over financial reporting, our management believes that the
financial statements included in its reports fairly present in all material respects the Company’s financial condition,
results of operations and cash flows for the periods presented. We continue to evaluate the effectiveness of internal controls
and procedures on an on-going basis. Certain material weakness listed above was partially due to our recent relocation from Shenzhen
city to Dongguan city. Most of our employees prior to relocation were local residents in Shenzhen city and they elected to resign
as a result of our relocation, including several accounting personnel. We are currently hiring additional personnel in financial
reporting and accounting, and we are providing trainings to newly hired personnel. In addition, once our cash position improves,
we plan to hire an experienced controller and work to build an internal accounting team with sufficient in-house expertise in
US GAAP reporting. However, due to the limited cash flow we are currently having, we cannot assure you when we will be able to
implement those remediation methods.

Because
we are a smaller reporting company, this prospectus does not include an attestation report of our independent registered public
accounting firm regarding internal control over financial reporting.

(b) Changes
in internal controls over financial reporting


were no changes in our internal control over financial reporting (as such term is defined in Rules 13a-15(f) and 15d-15(f) under
the Exchange Act) during the fourth fiscal quarter of the fiscal year ended September 30, 2020 covered by this report that has
materially affected, or are reasonably likely to materially affect, our internal control over financial reporting other than the
facts disclosed above.

ITEM
9B. OTHER INFORMATION

Aucun.

Part
III

ITEM
10. DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE

Executive
Officers and Directors

The
following table and text set forth the names and ages of all directors and executive officers as of the date of this Annual Report.


are no family relationships among our directors and executive officers. Each director is elected at our annual meeting of shareholders
and holds office until the next annual meeting of shareholders, or until his successor is elected and qualified. Also provided
herein are brief descriptions of the business experience of each director, executive officer and advisor during the past five
years and an indication of directorships held by each director in other companies subject to the reporting requirements under
the Federal securities laws. None of our officers or directors is a party adverse to us or has a material interest adverse to
nous.

Nom Âge Role Since
Huibin
Su
39 Chief
Executive Officer, Chief Financial Officer and Director
2017
Jiyin
Li
32 Chairman
of the Board
2017
Zizhong
Huang
30 Chief
Operating Officer
2017

Huibin
Su, Chief Executive Officer, Chief Financial Officer, Director
. Mr. Su has served as the CEO and CFO of Shenzhen Chuangxiang
Network Technology Co., Ltd since June 2016. From January 2015 to May 2016, he served as the CFO of Guangzhou Honghuayuan Investments
Limited, an investment company that specializes in real estate related investments and fund management. From January 2012 to February
2014, he served as the CFO of Guangzhou Wancai Group Limited, a real estate and tourism development company. From August 2002
to December 2011, he served as the Finance Supervisor of Guangzhou Pharmaceutical Holdings Limited, a pharmaceutical wholesaler
and distribution company. Mr. Su obtained his Master Degree in Business Administration from Sun Yat-Sen University.

Jiyin
Li, Chairman of the Board
. Mr. Li, age 30, has served as the Chairman of Shenzhen Chuangxiang Network Technology Co.,
Ltd, a company that engages in the development of mobile and internet software products since August 2015. From August 2015 to
June 2016, he was also the CEO of Shenzhen Chuangxiang Network Technology Co. Ltd. From October 2012 to June 2015, he served as
the Deputy General Manager of Shenzhen E-Life Technology Co., Ltd., a technology company that develops mobile applications and
online games. Mr. Li obtained his Bachelor of Art in business management from Huanghe Science & Technology College.

Zizhong
Huang, Chief Operating Officer
. Mr. Huang has served as the COO of Shenzhen Chuangxiang Network Technology Co., Ltd since
July 2016. From January 2015 to June 2016, Mr. Li was the co-founder and COO of Dongguan Houhai Asset Management Co., Ltd., an
investment company that specializes in equity investments and private fund management. From July 2012 to December 2014, he served
as the business manager of Dongguan Rural Commercial Bank. Mr. Huang obtained his Bachelor in business administration from South
China Agricultural University.

Involvement
in Certain Legal Proceedings

À
the best of our knowledge, none of our directors or executive officers has, 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);
avait
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 Securities and Exchange Commission 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; ou
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.

Sauf
as set forth in our discussion below in “Certain Relationships and Related Transactions,” none of our directors or
executive officers has been involved in any transactions with us or any of our directors, executive officers, affiliates or associates
which are required to be disclosed pursuant to the rules and regulations of the Commission.

Corporate
Governance

Code
of Ethics

nous
do not have a code of ethics that applies to our officers, employees and directors.

Corporate
Governance

The
business and affairs of the company are managed under the direction of our board. Each stockholder will be given specific information
on how he/she can direct communications to the officers and directors of the corporation at our annual stockholders meetings.
All communications from stockholders are relayed to the members of the board of directors.

Role
in Risk Oversight

Notre
board of directors is primarily responsible for overseeing our risk management processes. The board of directors receives and
reviews periodic reports from management, auditors, legal counsel, and others, as considered appropriate regarding our company’s
assessment of risks. The board of directors 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 board oversees our company’s risk management, management is responsible for day-to-day risk management
processus. We believe this division of responsibilities is the most effective approach for addressing the risks facing our company
and that our board leadership structure supports this approach.

Board
Leadership Structure and Role in Risk Oversight

Notre
Board 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 Board 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 Board oversees
our company’s risk management, management is responsible for day-to-day risk management processes. We believe this division
of responsibilities is the most effective approach for addressing the risks facing our company and that our Board leadership structure
supports this approach.

Notre
Board oversees, among other things, the company’s policies, guidelines and related practices regarding risk assessment and
risk management, including the risk of fraud. As part of this endeavor, the Board reviews and assesses the Company’s major
financial, legal, regulatory, environmental and similar risk exposures and the steps that management has taken to monitor and
control such exposures. The Board also reviews and assesses the quality and integrity of the Company’s public reporting,
the company’s compliance with legal and regulatory requirements, the performance and independence of the Company’s
independent auditors, the performance of the Company’s internal audit department, the effectiveness of the Company’s
disclosure controls and procedures, and the adequacy and effectiveness of the company’s risk management policies and related
practices.

Committees
of the Board of Directors

Tout
proceedings of our board of directors were conducted by resolutions consented to in writing by all the directors and filed with
the minutes of the proceedings of the directors. Such resolutions consented to in writing by the directors entitled to vote on
that resolution at a meeting of the directors are, according to the corporate laws of the state of Nevada and the bylaws of our
Company, as valid and effective as if they had been passed at a meeting of the directors duly called and held.

Notre
Company currently does not have nominating, compensation committees or committees performing similar functions nor does our company
have a written nominating, compensation or audit committee charter. Our board of directors does not believe that it is necessary
to have such committees because it believes that the functions of such committees can be adequately performed by our directors.

Notre
Company does not have any defined policy or procedure requirements for stockholders to submit recommendations or nominations for
directors. The directors believe that, given the early stage of our development, a specific nominating policy would be premature
and of little assistance until our business operations develop to a more advanced level. Our company does not currently have any
specific or minimum criteria for the election of nominees to the board of directors and we do not have any specific process or
procedure for evaluating such nominees. Our directors assess all candidates, whether submitted by management or stockholders,
and make recommendations for election or appointment.

UNE
stockholder who wishes to communicate with our board of directors may do so by directing a written request addressed to our president,
at the address appearing on the first page of this Registration Statement.

nous
do not have a standing audit committee of the Board of Directors. We do not have a financial expert serving on the Board of Directors
or employed as an officer based on management’s belief that the cost of obtaining the services of a person who meets the
criteria for a financial expert under Item 407(d) of Regulation S-K is beyond its limited financial resources and due to the limited
scope and simplicity of accounting issues raised in our financial statements at this stage of our development. Since the Share
Exchange, we have been reassessing the necessity to hire a financial expert to address the ineffective internal controls and procedures
for financial reporting.

Réalisateur
Independence

Presently,
we are not currently listed on a national securities exchange or in an inter-dealer quotation system and therefore are not required
to comply with the director independence requirements of any securities exchange.

ITEM
11. EXECUTIVE COMPENSATION

The
following table sets forth information concerning the compensation earned for services rendered to the Company for the two fiscal
years ended September 30, 2020 and 2019 to each of the following named principal executive officer.

Sommaire
Compensation Table

Name and  Principal Position Fiscal
An
Salary
($)
Bonus
($)
Stock
Awards
($)
Option
Awards
($)
Autre
Compensation
($)
Total
($)
Huibin Su (CEO) 2020(1)
2019(1) 17,455 17,455
Zizhong Huang (Chief Operating Officer) 20120(2)
2019(2)

(1) Monsieur.
Su became our CEO in March 2017. Prior to the closing of the Share Exchange, Mr. Su served as the CEO and CFO of Shenzhen CX and
was compensated by Shenzhen CX.

(2) Monsieur.
Zizhong Huang became our Chief Operating Officer in March 2017. Prior to the closing of the Share Exchange, Mr. Huang served as
the COO of Shenzhen CX.

Stock
Option Plan

Currently,
we do not have a stock option plan in favor of any director, officer, consultant or employee of our company.

Stock
Options/SAR Grants

Pendant
our fiscal years ended September 30, 2020 and 2019 there were no options granted to our named officers or directors.

Outstanding
Equity Awards at 2020Fiscal Year End


were no outstanding equity awards for the fiscal year ended September 30, 2020.

Compensation
of Directors

The
Company has not compensated any of its directors for service on the Board of Directors. Management directors are not compensated
for their service as directors; however they may receive compensation for their services as employees of the Company. The compensation
received by our management directors is shown in the “Summary Compensation Table” above.

Pension,
Retirement or Similar Benefit Plans


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.

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

The
following table sets forth certain information regarding the ownership of our capital stock, as of the date of this prospectus,
for: by (i) each person known by us to be the beneficial owner of 5% or more of the outstanding common stock, (ii) each executive
officer and director of the Company, and (iii) all of our executive officers and directors as a group.

Beneficial
ownership is determined in accordance with SEC rules and generally includes voting or investment power with respect to securities.
For purposes of this table, a person or group of persons is deemed to have “beneficial ownership” of any shares of
Common Stock that such person has the right to acquire within 60 days of January 13, 2021. For purposes of computing the percentage
of outstanding shares of our Common Stock held by each person or group of persons named below, any shares that such person or
persons has the right to acquire within 60 days of January 13, 2021 is deemed to be outstanding for such person, but is not deemed
to be outstanding for the purpose of computing the percentage ownership of any other person. The inclusion herein of any shares
listed as beneficially owned does not constitute an admission of beneficial ownership.

Unless
otherwise indicated, the Company believes that all persons named in the table have sole voting and investment power with respect
to all shares of common stock beneficially owned by them.

Unless
otherwise specified, the address of each of the persons set forth below is in care of the Company, Room 1801, Vanke building,
Northwest Hong 7 Road, Hongtupian District, Nancheng Residential District, Dongguan, Guangdong Province, China.

Title of Class Name and Address Number of
Common
Shares
Beneficially
Owned
Percent of
Class
Directors and Officers
Common Stock Huibin Su, Chief Executive Officer, Chief Financial Officer and Director 11,288,167 (1) 52.81 %
Common Stock Jiyin Li, Chairman 5,395,167 (2) 25.24 %
Common Stock Zizhong Huang, Chief Operating Officer
Common Stock All directors and executive officers as a group (3 persons) 16,683,334 78.04 %
5% Holders
Common Stock Continent Investment Management Limited(3) 2,728,500 12.76 %
Common Stock Golden Fish Capital Investment Limited(4) 2,621,500 12.26 %

(1) Comprenant
8,666,667 shares of Common Stock directly held by Mr. Su and 2,621,500 shares of Common Stock beneficially owned by Mr. Su through
his holding of Golden Fish Capital Investment Limited.

(2) Comprenant
2,666,667 shares of Common Stock directly held by Mr. Li and 2,728,500 shares of Common Stock beneficially owned by Mr. Li through
his ownership of Continent Investment Management Limited.

(3) Monsieur.
Li holds 100% membership interest of Continent Investment Management Limited, a British Virgin Islands company with its principal
business address at Unit 8, 3/F., Qwomar Trading Complex, Blackbune Road, Port Purcell, Road Town, Torotla, British Virgin Islands.

(4) Monsieur.
Su holds 100% equity interest of Golden Fish Capital Investment Limited, a British Virgin Islands company with its principal business
address at Unit 8, 3/F., Qwomar Trading Complex, Blackbune Road, Port Purcell, Road Town, Torotla, British Virgin Islands

Changes
in Control

Sur
March 31, 2017, Mr. Sudeck entered into the SPA with certain purchasers listed in the Exhibit A of the SPA pursuant to which the
Purchasers acquired 12,000,000 shares of Common Stock (pre-split 180,000,000 shares of common stock of MLGT) from Mr. Sudeck for
an aggregate purchase price of $325,000 which represented approximately 87.17% of issued and outstanding Common Stock of the Company
at the time of the closing. The transaction resulted in a change in control of the Company.

Dans
connection with the change in control, Mr. Sudeck, our former President, former Chief Executive Officer, former Chief Financial
Officer, former Secretary and former director, resigned from all his positions with the Company. Simultaneously with the closing,
Mr. Huibin Su was appointed as our Chief Executive Officer, Chief Financial Officer and a director of our Board of Directors,
Mr. Jiyin Li was appointed as the Chairman of the Board, and Zizhong Huang was appointed as our Chief Operating Officer, all effective
immediately.

Sur
March 20, 2018, the Company, CX Cayman and the stockholders of CX Cayman entered into the Share Exchange Agreement pursuant to
which the Company agreed to issue an aggregate of 5,350,000 shares of its Common Stock, representing 26.97% of the issued and
outstanding shares of the Company immediately after closing, to CX Cayman’s stockholders in exchange for 100% of the issued
and outstanding securities of CX Cayman. As a result, Mr. Su and Mr. Li collectively hold and control 16,683,334 shares of Common
Stock, representing 84.11% of the then issued and outstanding shares of CXKJ, immediately upon the closing of the Share Exchange.

ITEM 13. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS

Autre
than compensation agreements and other arrangements described in “Executive Officers and Directors Compensation,”
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:

dans
which the amount involved exceeds the lesser of $120,000 or one percent of our total assets at year-end for the last two completed
fiscal years; et

dans
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.

The
related parties consist of the following:

Nom
of Related Party
La nature
of Relationship
Jiyin
Li
Chairman
Huibin
Su
Chief
Executive Officer and Chief Financial Officer
Chaoran
Zhang
Significant
Stockholder of Shenzhen CX
Zizhong
Huang
Chief
Operating Officer

Due
to related parties

Due
to related parties consist of the following:

September 30,
2020
September 30,
2019
Jiyin Li $ 1,290 $ 1,279
Huibin Su 599,950 445,607
Chaoran Zhang 14,726 14,013
Total $ 615,966 $ 460,899

The
balance of due to related parties represents expense paid by related parties on behalf of the Company and the loans the Company
obtained from related parties for working capital purpose. The loans owed to the related parties are interest free, unsecured
and repayable on demand.

Pendant
the years ended September 30, 2020 and 2019, the Company obtained loans from the above related parties in the amount of $158,160
and $164,466, respectively, and made repayment to them in the amount of $3,092 and $76,955, respectively.

Pendant
the year ended September 30, 2020 and 2019, Huibin Su paid expenses on behalf of the Company in the amount of $3,165 and $4,060,
respectively.

Dans
addition, during the year ended September 30, 2019, two friends of Huibin Su provided office space to Shenzhen CX and CX HK free
of charge, and Dongguan FirstWisdom Listing Services Co., Ltd, a company controlled by Chaoran Zhang and Huibin Su, was allowed
to share the office space leased by Shenzhen CX at no cost. Yi Zhang, a friend of Huibin Su, also provided non-compensated accounting
services to the Company during the year ended September 30, 2019.

Policy
for Approval of Related Party Transactions

Notre
board of directors is charged with reviewing and approving all potential related party transactions.  All such related
party transactions must then be reported under applicable SEC rules. We have not adopted other procedures for review, or standards
for approval, of such transactions, but instead review them on a case-by-case basis.

ITEM 14. PRINCIPAL ACCOUNTING FEES AND SERVICES

The following table shows the fees that
were billed for audit and other services provided by JLKZ CPA LLP, our independent auditor for the fiscal year ended September
30, 2020 was $25,000 and MaloneBailey LLP, our independent accountants for the fiscal year ended September 30, 2020 was $57,500
and September 30, 2019 was $61,000:

Fiscal Year Ended
September 30,
2020 2019
Audit Fees(1) $ 82,500 $ 61,000
Audit-related Fees(2)
Tax Fees(3)
All Other Fees(4)
Total $ 82,500 $ 61,000

(1) Audit
Honoraires
– This category includes the audit of our annual financial statements, review of financial statements included in our
Quarterly Reports on Form 10-Q, and services that are normally provided by independent auditors in connection with statutory and
regulatory filings or the engagement for fiscal years. This category also includes advice on audit and accounting matters that
arose during, or as a result of, the audit or the review of interim financial statements.

(2) Audit-Related
Honoraires
– This category consists of assurance and related services by our independent auditor that are reasonably related to
the performance of the audit or review of our financial statements and are not reported above under “Audit Fees.” The
services for the fees disclosed under this category include consultation regarding our correspondence with the SEC.

(3) Tax
Honoraires
– This category consists of professional services rendered by our independent auditors for tax compliance and tax advice.
The services for the fees disclosed under this category include tax return preparation and technical tax advice.

(4) Tout
Other Fees
– This category consists of fees for other miscellaneous items such as travel and out-of-pocket expenses.

Pre-Approval
Policies and Procedures

Comme
stated elsewhere in this Report, we do not have an independent audit committee and our entire board serves as the audit committee
for all purposes relating to communication with our auditors and responsibility for our audit. All engagements for audit services,
audit- related services and tax services are approved in advance by our Board of Directors. Our Board of Directors has considered
whether the provision of the services described above for the fiscal year ended September 30, 2020, is compatible with maintaining
the auditor’s independence.

Tout
audit and non-audit services that may be provided by our principal accountant to us shall require pre-approval by the Board of
Directors. Further, our auditor shall not provide those services to us specifically prohibited by the SEC, including bookkeeping
or other services related to the accounting records or financial statements of the audit client; financial information systems
design and implementation; appraisal or valuation services, fairness opinion, or contribution-in-kind reports; actuarial services;
internal audit outsourcing services; management functions; human resources; broker-dealer, investment adviser, or investment banking
services; legal services and expert services unrelated to the audit; and any other service that the Public Company Oversight Board
determines, by regulation, is impermissible.

Prior
to engaging its accountants to perform particular services, our Board of Directors obtains an estimate for the service to be performed.
All of the services described above were approved by the Board of Directors in accordance with its procedure.

Part
IV

ITEM 15. EXHIBITS AND FINANCIAL STATEMENT SCHEDULES

(1) Financial Statements

Financial
Statements and Report of Independent Registered Public Accounting Firms are set forth on pages F-1 through F-20 of
this report.

(2) Financial Statement Schedules

Schedules
are omitted because the required information is not present or is not present in amounts sufficient to require submission of the
schedule or because the information required is given in the consolidated financial statements or the notes thereto.

(3)
Exhibits

Exhibit No. Description
2.1 Share Exchange Agreement dated March 20, 2018, by and among CXKJ, CX Cayman and stockholders of CX Cayman (incorporated by reference to Exhibit 2.1 of our Form 8-K filed with the SEC on March 23, 2018).
2.2 Agreement and Plan of Merger (incorporated by reference to Exhibit 2.1 of the Company’s Current Report on Form 8-K, filed on July 6, 2017).
3.1 Articles of Incorporation (incorporated by reference to Exhibit 3.1 of the Company’s Current Report on Form 8-K, filed on July 6, 2017).
3.2 Bylaws (incorporated by reference to Exhibit 3.2 of the Company’s Current Report on Form 8-K, filed on July 6, 2017).
10.1 Subscription Agreement (incorporated by reference to Exhibit 10.1 of our Registration Statement on Form S-1 filed with the SEC on July 24, 2018).
10.2 Exclusive Technology Consulting Service Agreement dated April 20, 2017, by and among CX Network, Shenzhen CX and Stockholders of Shenzhen CX (incorporated by reference to Exhibit 10.1 of our Form 8-K filed with the SEC on March 23, 2018).
10.3 Management Agreement dated April 20, 2017, by and among CX Network, Shenzhen CX and Stockholders of Shenzhen CX (incorporated by reference to Exhibit 10.2 of our Form 8-K filed with the SEC on March 23, 2018).
10.4 Form of Stockholders’ Voting Proxy Agreements dated April 20, 2017, by and among CX Network, Shenzhen CX, and Stockholders of Shenzhen CX (incorporated by reference to Exhibit 10.3 of our Form 8-K filed with the SEC on March 23, 2018).
10.5 Exclusive Purchase Option Agreement dated April 20, 2017, by and among CX Network, Shenzhen CX and Stockholders of Shenzhen CX (incorporated by reference to Exhibit 10.4 of our Form 8-K filed with the SEC on March 23, 2018).
10.6 Shares Pledge Agreement dated April 20, 2017, by and among CX Network, Shenzhen CX and Stockholders of Shenzhen CX (incorporated by reference to Exhibit 10.5 of our Form 8-K filed with the SEC on March 23, 2018).
10.7 Intellectual Property Rights License Contract dated April 20, 2017, between Shenzhen CX and CX Network (incorporated by reference to Exhibit 10.6 of our Form 8-K filed with the SEC on March 23, 2018).
10.8 Spin-off Agreement dated March 31, 2017 by and among mLight Tech, Inc., The Ding King Training Institute, Inc. and Todd Sudeck (incorporated by reference to Exhibit 10.1 of the Company’s Current Report on Form 8-K, filed on April 5, 2017).
10.9 Securities Purchase Agreement by and among mLight Tech, Inc., Todd Sudeck and certain purchasers as set forth on Exhibit A thereof (incorporated by reference to Exhibit 10.2 of the Company’s Current Report on Form 8-K, filed on April 5, 2017).
21.1 List of Subsidiaries (incorporated by reference to Exhibit 21.1 of our Registration Statement on Form S-1 filed with the SEC on July 24, 2018).
31.1* Certification Pursuant to Rule 13a-14(a) and 15d-14(a) (4) of Chief Executive Officer
31.2* Certification Pursuant to Rule 13a-14(a) and 15d-14(a) (4) of Chief Financial Officer
32.1* Certification Pursuant to Section 1350 of Title 18 of the United States Code of Chief Executive Officer
32.2* Certification Pursuant to Section 1350 of Title 18 of the United States Code of Chief Financial Officer
101.INS* XBRL Instance Document
101.SCH* XBRL Taxonomy Extension Schema Document
101.CAL* XBRL Taxonomy Extension Calculation Linkbase Document
101.DEF* XBRL Taxonomy Extension Definition Linkbase Document
101.LAB* XBRL Taxonomy Extension Label Linkbase Document
101.PRE* XBRL Taxonomy Extension Presentation Linkbase Document

SIGNATURES

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

CX
Network Group, Inc.

(Registrant)

Date:
13 janvier 2021
Par: /s/
Huibin Su
Huibin
Su
Chief
Executive Officer, Chief Financial Officer, Principal Accounting Manager and Director

Pursuant
to the requirements of the Securities Exchange Act of 1934, this Repot has been signed below by the following persons on behalf
of the registrant and in the capacities and on the dates indicated:

Signature Titre Date
/s/
Huibin Su
Chief
Executive Officer, Chief Financial Officer, Principal Accounting Manager and Director
janvier
13, 2021
Huibin
Su
(Principal
Executive Officer, Principal Accounting and Financial Officer)
/s/
Jiyin Li
Chairman
and Director
janvier
13, 2021
Jiyin
Li

CX
NETWORK GROUP, INC.

CONSOLIDATED
FINANCIAL STATEMENTS

YEARS
ENDED SEPTEMBER 30, 2020 AND 2019

ET

REPORT
OF INDEPENDENT REGISTERED

PUBLIC
ACCOUNTING FIRM

Consolidated
Financial Statements for the years ended September 30, 2020 and 2019.

REPORT OF INDEPENDENT REGISTERED PUBLIC
ACCOUNTING FIRM

To: The Board of Directors and Stockholders of

CX Network Group, Inc

Opinion on the Financial Statements

We have audited the accompanying balance
sheets of CX Network Group, Inc and its subsidiaries (collectively, the “Company”) as of September 30, 2020, and
the related consolidated statements of operations and comprehensive loss, stockholders’ deficit, and cash flows for the year
then ended September 30, 2020, and the related notes (collectively referred to as the “financial statements”). In our
opinion, the financial statements present fairly, in all material respects, the financial position of the Company as of September
30, 2020, and the results of its operations and its cash flows for each of the years then ended September 30, 2020, in conformity
with accounting principles generally accepted in the United States of America.

Explanatory Paragraph Regarding Going
Concern

The accompanying financial statements have
been prepared assuming that the Company will continue as a going concern. As discussed in Note 1 to the financial statements, the
Company had incurred substantial losses during the year, and has a net capital deficit, which raises substantial doubt about its
ability to continue as a going concern. Management’s plan in regards to these matters are described in Note 1. These financial
statements do not include any adjustments that might result from the outcome of this uncertainty.

Basis for Opinion

These financial statements are the responsibility
of the Company’s management. Our responsibility is to express an opinion on the Company’s 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 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 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 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 financial statements. We believe that our audits provide a
reasonable basis for our opinion.

/s/ JLKZ CPA LLP

We have served as the Company’s auditor
since 2021.

JLKZ CPA LLP

Flushing, New York

13 janvier 2021

REPORT OF INDEPENDENT REGISTERED PUBLIC
ACCOUNTING FIRM

To the Shareholders and Board of Directors of

CX Network Group, Inc.

Opinion on the Financial Statements

We have audited the accompanying
consolidated balance sheet of CX Network Group, Inc. and its subsidiaries (collectively, the “Company”) as of September
30, 2019, and the related consolidated statements of operations and comprehensive loss, changes in stockholders’ deficit,
and cash flows for the year then ended, and the related notes (collectively referred to as the “financial statements”).
In our opinion, the financial statements present fairly, in all material respects, the financial position of the Company as of
September 30, 2019, and the results of their operations and their cash flows for the year then ended, in conformity with accounting
principles generally accepted in the United States of America.

Going Concern Matter

The accompanying financial statements
have been prepared assuming that the Company will continue as a going concern. As discussed in Note 1 to the financial statements,
the Company has suffered recurring losses from operations and has a net capital deficiency that raises substantial doubt about
its ability to continue as a going concern. Management’s plans in regard to these matters are also described in Note 1. The financial
statements do not include any adjustments that might result from the outcome of this uncertainty.

Basis for Opinion

These financial statements are
the responsibility of the Company’s management. Our responsibility is to express an opinion on the Company’s financial
statements based on our audit. 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 audit 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 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 audit 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 audit included performing
procedures to assess the risks of material misstatement of the 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 financial statements. Our audit also included evaluating the accounting principles used and significant estimates
made by management, as well as evaluating the overall presentation of the financial statements. We believe that our audit provides
a reasonable basis for our opinion.

/s/ MaloneBailey, LLP

www.malonebailey.com

We have served as the Company’s
auditor since 2016.

Houston, Texas

December 30, 2019

CX
NETWORK GROUP, INC.

CONSOLIDATED
BALANCE SHEETS

As of September 30,
2020 2019
ASSETS
CURRENT ASSETS:
Cash and cash equivalents $ 682 $ 5,858
Accounts receivable 453
Prepaid expenses 1,051
Security deposit 4,204
Other receivables 3,575 2,490
Total Current Assets 4,257 14,056
Property and equipment, net 14,380
Total Non-current Assets 14,380
Total Assets $ 4,257 $ 28,436
LIABILITIES AND STOCKHOLDERS’ DEFICIT
CURRENT LIABILITIES:
Due to related parties $ 615,966 $ 460,899
Accrued liabilities and other payables 187,818 91,528
Short-term loans 58,064 57,497
Total Current Liabilities 861,848 609,924
Total Liabilities 861,848 609,924
Commitments and contingencies
STOCKHOLDERS’ DEFICIT:
Common stock, $.0001 par value, 40,000,000 shares authorized; 21,376,918 shares issued and outstanding at September 30, 2020 and 2019 2,138 2,138
Additional paid-in capital 1,743,629 1,743,629
Accumulated deficit (2,567,413 ) (2,301,435 )
Accumulated other comprehensive loss (35,945 ) (25,820 )
Total Stockholders’ Deficit (857,591 ) (581,488 )
Total Liabilities and Stockholders’ Deficit $ 4,257 $ 28,436

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

CX
NETWORK GROUP, INC.

CONSOLIDATED
STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS

For the Year ended
September 30,
2020 2019
REVENUES $ $ 83,851
COST OF REVENUES 12,877
GROSS PROFIT 70,974
OPERATING EXPENSES:
General and administrative expenses 255,152 333,373
Research and development expenses 14,631 16,604
Total Operating Expenses 269,783 349,977
LOSS FROM OPERATIONS (269,783 ) (279,003 )
OTHER INCOME 3,805 72,258
LOSS BEFORE INCOME TAXES (265,978 ) (206,745 )
INCOME TAXES
NET LOSS $ (265,978 ) $ (206,745 )
OTHER COMPREHENSIVE GAIN (LOSS):
Foreign currency translation adjustment (10,125 ) 4,359
COMPREHENSIVE LOSS $ (276,103 ) $ (202,386 )
NET LOSS PER COMMON SHARE:
Basic & Diluted $ (0.01 ) $ (0.01 )
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING:
Basic & Diluted 21,376,918 21,360,479

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

CX
NETWORK GROUP, INC.

CONSOLIDATED
STATEMENTS OF CHANGES IN STOCKHOLDERS’ DEFICIT

Pour
the Years Ended September 30, 2020 and 2019

Common Stock Additional
Paid-in
Retained Accumulated
Autre
Comprehensive
Total
Stockholders’
Shares Montant Capital Deficit Loss Deficit
Balance, September 30, 2018 21,216,918 $ 2,122 $ 1,695,645 $ (2,094,690 ) $ (30,179 ) $ (427,102 )
Common stock issued for cash 160,000 16 47,984 48,000
Net loss (206,745 ) (206,745 )
Foreign currency translation adjustment 4,359 4,359
Balance, September 30, 2019 21,376,918 $ 2,138 $ 1,743,629 $ (2,301,435 ) $ (25,820 ) $ (581,488 )
Net loss (265,978 ) (265,978 )
Foreign currency translation adjustment (10,125 ) (10,125 )
Balance, September 30, 2020 21,376,918 $ 2,138 $ 1,743,629 $ (2,567,413 ) $ (35,945 ) $ (857,591 )

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

CX
NETWORK GROUP, INC.

CONSOLIDATED
STATEMENTS OF CASH FLOWS

For the Year ended
September 30,
2020 2019
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss $ (265,978 ) $ (206,745 )
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation expense 14,643 20,069
Loss on disposal of property and equipment 10,874
Provision of allowance for doubtful accounts 4,029
Changes in operating assets and liabilities:
Accounts receivable 461 1,952
Prepaid expenses 3,725 747
Other receivables 3,220 (216 )
Accrued liabilities and other payables 95,600 21,856
NET CASH FLOWS USED IN OPERATING ACTIVITIES (144,300 ) (151,463 )
NET CASH FLOWS USED IN INVESTING ACTIVITIES
CASH FLOWS FROM FINANCING ACTIVITIES:
Repayments to related parties (2,997 ) (76,955 )
Proceeds from related parties 157,640 164,466
Proceeds from stock issuance 48,000
NET CASH PROVIDED BY FINANCING ACTIVITIES 154,643 135,511
EFFECT OF FOREIGN EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS (15,519 ) (131 )
NET DECREASE IN CASH AND CASH EQUIVALENTS (10,343 ) (16,083 )
CASH AND CASH EQUIVALENTS  – beginning of year 5,858 21,941
CASH AND CASH EQUIVALENTS – end of year $ 682 $ 5,858
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Cash paid for:
Interest $ $
Income taxes $ $
Non-cash financing and investing activities:
Expenses paid by related party on behalf of the Company $ 3,066 $ 4,060
Derecognition of operating lease right-of-use asset and liability $ 10,566 $

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

CX
Network Group, Inc

Notes
to the Consolidated Financial Statements

septembre
30, 2020 and 2019

NOTE
1 – ORGANIZATION AND GOING CONCERN

ORGANIZATION

The
Company was incorporated in the State of Florida on September 3, 2010 under the name of “mLight Tech, Inc.” (“MLGT”).
On July 11, 2017, MLGT merged with and into CX Network Group, Inc. (“CXKJ”), a Nevada corporation, with CXKJ as the
surviving corporation that operates under the name “CX Network Group, Inc.” (the “Name Change”), pursuant
to an agreement and plan of merger (the “Merger Agreement”) dated July 3, 2017.

Pursuant
to the Merger Agreement, immediately after the effective time of the Merger, the Company’s corporate existence is governed
by the laws of the State of Nevada and the Articles of Incorporation and bylaws of CXKJ (the “Domicile Change”), and
each outstanding share of MLGT’s common stock, par value $0.0001 per share was converted into 0.0667 outstanding share of
common stock of CXKJ, par value $0.0001 per share at a one-for-fifteen reverse split ratio (the “Reverse Stock Split”)
which resulted in reclassification of capital from par value to capital in excess of par value. Immediately prior to the effectiveness
of the reverse stock split, we had 217,300,000 shares of common stock of MLGT issued and outstanding. Immediately upon the effectiveness
of the reverse stock split, we had 14,486,670 shares of common stock of CXKJ issued and outstanding.

The
Name Change, Domicile Change, and Reverse Stock Split went effective on June 12, 2017. Subsequently, the Company’s trading
symbol for its common stock was changed to “CXKJ”.

Sur
March 20, 2018, CXKJ entered into a share exchange agreement (the “Share Exchange”) with Chuangxiang Holdings Inc.
(“CX Cayman”). Under the Share Exchange, CX Network Group, Inc. issued an aggregate of 5,350,000 shares of common
stock, par value $0.0001 per share to the shareholders of CX Cayman in exchange for 100% of the issued and outstanding equity
securities of CX Cayman. The Share Exchange was closed on March 20, 2018. As a result of the Share Exchange, CX Cayman became
the Company’s wholly-owned subsidiary.

CX
Cayman was incorporated on February 4, 2016 under the laws of Cayman Islands.

Chuangxiang
(Hong Kong) Holdings Limited (“CX HK”) was incorporated on February 23, 2016 and became CX Cayman’s wholly owned
subsidiary on December 1, 2016. CX HK operates through its subsidiary, Shenzhen Chuangxiang Network Technology (Shenzhen) Limited
(“CX Network”). CX Network was incorporated by CX HK on April 12, 2016 under the laws of People’s Republic of
China (“PRC”) as a wholly foreign owned enterprise.

Shenzhen
Chuangxiang Network Technology Limited (“Shenzhen CX”) is a limited liability company formed under the laws of PRC
on August 14, 2015. Shenzhen CX became a variable interest entity (“VIE”) of CX Network through a series of contractual
arrangements entered into on April 20, 2017. CX Network controls Shenzhen CX through agreements and arrangements that absorbs
operating risk, as if Shenzhen CX is a wholly owned subsidiary of CX Network. Shenzhen CX is engaged in the business of developing
and operating membership-based social network, dating and mobile gaming, and interactive live broadcast platforms.

The
transaction has been treated as a recapitalization of CX Cayman and its subsidiaries, with CXKJ (the legal acquirer of CX Cayman
and its subsidiaries) considered the accounting acquiree, and CX Cayman (the legal acquiree) considered the accounting acquirer.
Accordingly, CX Cayman’s assets, liabilities and results of operations will become the historical financial statements of
the registrant, and CXKJ’s assets, liabilities and results of operations will be consolidated with CX Cayman effective as
of the date of the closing of the Share Exchange (March 20, 2018). The Company did not recognize goodwill or any intangible assets
in connection with the transaction. All costs related to the transaction are being charged to operations as incurred. CX Cayman
received cash of $145 and assumed $249,966 liabilities upon execution of the Share Exchange. The 5,350,000 shares of common stock
issued in conjunction with the Share Exchange have been presented as outstanding for all periods.

VIE
Arrangements

Dans
April 2017, CX Network, the wholly owned subsidiary of CX HK, which is the wholly owned subsidiary of CX Cayman, Shenzhen CX and
the shareholders of Shenzhen CX entered into a series of contractual agreements for Shenzhen CX to qualify as variable interest
entity or VIE (the “VIE Agreements”). The VIE Agreements are as follows:

Consulting
Service Agreement

Pursuant
to the terms of certain Exclusive Technology Consulting Service Agreement dated April 20, 2017, between CX Network and Shenzhen
CX (the “Consulting Service Agreement”), CX Network is the exclusive technology consulting service provider
to Shenzhen CX to provide research and development support to related software and technology, responsible for computer network
equipment, web design, monitor, test and security, in charge of the network maintenance, repair and security; applications development
and market study, etc. Pursuant to the Consulting Service Agreement, Shenzhen CX agreed to pay a service fee to CX Network at
a range of 90% to 100% of the monthly gross profit of Shenzhen CX based on certain factors set forth in the agreement, and Shenzhen
CX agreed not to engage any third party for any of its technology consulting services provided under the agreement without the
written consent of CX Network. In addition, Shenzhen CX has agreed not to establish any business cooperation with any third party
without a written consent of CX Network and CX Network and/or its affiliates are entitled to a right of first refusal to cooperate
with Shenzhen CX under the same conditions. This Agreement is valid for a term of 10 years subject to any extension requested
by CX Network unless terminated by CX Network unilaterally prior to the expiration.

Management
Accord

Pursuant
to the terms of certain Management Agreement dated April 20, 2017, among CX Network, Shenzhen CX and the shareholders of Shenzhen
CX (the “Management Agreement”), Shenzhen CX has agreed to subject the operations and management of its business
to the control of CX Network. According to the Management Agreement, Shenzhen CX is not allowed to conduct any transactions that
has substantial impact upon its operations, assets, rights, obligations and personnel without the CX Network’s written approval.
CX Network has agreed to provide necessary financial supports whenever Shenzhen CX has operational difficulties. The shareholders
of Shenzhen CX have agreed to transfer any dividends, distributions or any other profits that they receive as the shareholders
of Shenzhen CX to CX Network without consideration. This Agreement is valid for a term of 10 years unless terminated earlier by
CX Network with a 30-day written notice, provided that CX Network can extend the agreement before its expiration.

Irrevocable
Powers of Attorney

The
shareholders of Shenzhen CX have each executed an irrevocable power of attorney, dated April 20, 2017, to appoint CX Network as
their exclusive attorneys-in-fact to vote on their behalf on all Shenzhen CX’s matters requiring shareholder approval. The
term of each power of attorney is valid for 10 years but may be extended upon CX Network’s request.

Exclusif
Option Agreement

Pursuant
to the terms of certain Exclusive Option Agreement dated April 20, 2017, among CX Network, Shenzhen CX, and the shareholders of
Shenzhen CX (the “Exclusive Option Agreement”), the shareholders of Shenzhen CX granted CX Network or its designees
an irrevocable and exclusive purchase option at RMB 10 (the “Option”) to purchase Shenzhen CX’s all equity
interests and/or assets at a purchase price of RMB 10, 000 subject to an adjustment to the amount equal to 1% of the evaluation
of the total equity interest or asset of Shenzhen CX if such evaluation is required under the applicable PRC laws and regulations.
The Option is exercisable at any time at CX Network’s discretion in full or in part, to the extent permitted by PRC law.
In the event that CX Network chooses to exercise only a portion of the Option, the purchase price shall be determined pro rata
based on the portion of the equity interest and assets that CX Network desires to purchase. The Option is transferrable in full
or in part by CX Network. Shenzhen CX has agreed without the written consent of CX Network, not to, among others, (i) amend its
articles of incorporation; (ii) increase or decrease its registered capital or change its capital structure; (iii) transfer, dispose
or pledge its material assets, business, profit or interest; (iv) provide loan or credit to any third party; or (v) enter into
material contract or carry any debt out of the ordinary course of business. It further agrees to maintain good standing during
the term of the Exclusive Option Agreement. The Exclusive Option Agreements is valid until that it is terminated by CX Network
with 30 days written notice or all Shenzhen CX’s equity interest and assets are transferred to CX Network or its third party
designee.

Equity
Pledge Agreement

Pursuant
to the terms of certain Equity Pledge Agreement dated April 20, 2017, among CX Network and the shareholders of Shenzhen CX (the
« Pledge Agreement”), the shareholders of Shenzhen CX pledged all of their equity interests in Shenzhen CX to
CX Network, including the proceeds thereof, to guarantee Shenzhen CX’s performance of its obligations under the Management
Agreement, the Consulting Service Agreement and the Exclusive Option Agreement (collectively, the “Agreements”).
If Shenzhen CX or its shareholders breach its respective contractual obligations under any Agreement, or cause to occur one of
the events regards as an event of default under any Agreement, CX Network, as pledgee, will be entitled to certain rights, including
the right to dispose of the pledged equity interest in Shenzhen CX. During the term of the Pledge Agreement, the pledged equity
interests cannot be transferred without CX Network’s prior written consent. The Pledge Agreements is valid until all the
obligations due under the Agreements have been fulfilled unless terminated upon 30 days written notice by CX Network.

Intellectual
Property License Agreement

Pursuant
to the terms of certain intellectual property license agreement dated April 20, 2017 between the  CX Network and Shenzhen
CX (the “IP License Agreement”), the CX Network is entitled to receive (i) a non-assignable, exclusive,
and revocable license to certain registered trademarks owned by Shenzhen CX for use in connection with the goods or services approved
by Shenzhen CX’s registered trademarks, and (ii) a license to all of Shenzhen CX’s copyrights, use and exploitation
rights of Shenzhen CX’s computer software products, including resale rights and rights in and to any and all associated
media.

The
term of the IP License Agreement is 10 year from April 20, 2017 to April 20, 2027. The IP License Agreement can be renewed subject
to a renewal notice from CX Network 2 months prior to its expiration. Additionally, both parties can terminate this IP License
Agreement if either party commits a material breach and fails to cure such breach after 10 days of receiving the notice to cure
from the other party. The License contains certain quality control requirements, branding and advertising guidelines and approval
processes that CX Network is required to maintain.

Sur
executing the above agreements, Shenzhen CX is considered a Variable Interest Entity (“VIE”) and CX Network is the
primary beneficiary. Accordingly, Shenzhen CX is consolidated into CX Network under the guidance of FASB Accounting Standards
Codification (“ASC”) 810, Consolidation.

Risks
in relation to the VIE structure

Si
CX Cayman’s ownership structure and contractual arrangements are found to be in violation of any PRC laws or regulations,
or if CX Cayman is found to be required but failed to obtain any of the permits or approvals for its mobile apps development business,
the relevant PRC regulatory authorities, including the Cyberspace Administration of China or the CAC, which regulates the mobile
app service industry in China, Ministry of Commerce of PRC, or the MOFCOM, which regulates the foreign investment in China would
have broad discretion in imposing fines or punishments upon us for such violations, including:

revoking
the business and operating licenses of Shenzhen CX;

discontinuing
or restricting any related-party transactions between Shenzhen CX and our affiliated entities;

imposing
fines and penalties, or imposing additional requirements for our operations which we, Shenzhen CX or our affiliated entities may
not be able to comply with;

revoking
the preferential tax treatment available to us;

requiring
us to restructure the ownership and control structure; ou

restricting
or prohibiting our use of the proceeds of this offering to finance our business and operations in China, particularly the expansion
of our business through strategic acquisitions.

Comme
of the date of this report, similar ownership structure and contractual arrangements have been used by many China-based companies
listed overseas, including a number of internet companies listed in the United States. To our knowledge, none of the fines or
punishments listed above has been imposed on any of these public companies. However, we cannot assure you that such fines or punishments
will not be imposed on us or any other companies in the future. If any of the above fines or punishments is imposed on us, our
business, financial condition and results of operations could be materially and adversely affected.

As of September 30, 2020 and 2019, the
carrying amount and classification of the assets and liabilities in CX Cayman’s balance sheets that relate to CX Cayman’s
Variable Interest Entities is as follows:

September 30,
2020
September 30,
2019
ASSETS
Cash $ 456 $ 3,381
Accounts receivable 453
Prepaid expenses 1,051
Security deposits, current 4,204
Other receivable 3,575 2,284
Total current assets of VIE 4,031 11,373
Property and equipment, net 14,380
Total non-current assets of VIE 14,380
Total assets of VIE $ 4031 $ 25,753
LIABILITIES
Accrued liabilities and other payables $ 15,889 $ 8,732
Due to related parties 143,442 127,445
Total current liabilities of VIE 159,341 136,177
Total liabilities of VIE $ 159,341 $ 136,177

Comme
used in this report, unless otherwise indicated, the terms “we” and “us” refer to CX Network Group, Inc.,
a Nevada corporation (previously known as “mLight Tech, Inc.”, a Florida corporation,), its wholly owned subsidiaries
CX Cayman, Chuangxiang (Hong Kong) Holdings Limited (“CX HK”), Chuangxiang Network Technology (Shenzhen) Limited (“CX
Network”) and Shenzhen Chuangxiang Network Technology Limited (“Shenzhen CX”), which is controlled by us via
various contracts.

GOING
CONCERN

In assessing the Company’s liquidity,
the Company monitors and analyzes its cash and cash equivalents and its operating and capital expenditure commitments. The Company’s
liquidity needs are to meet its working capital requirements, operating expenses and capital expenditure obligations. As of September
30, 2020, the Company’s current liabilities exceeded the current assets with $857,591, its accumulated deficit was $2,567,413
and the Company has incurred losses since inception. Besides based on the market responses, the Company started to suspend the
operation of the Little Love and Hotchat in November 2019. After July 2020, the Company completely ceased the operations of the
Little Love and Hotchat. None of the Company’s stockholders, officers or directors, or third parties, are under any obligation
to advance us funds, or to invest in the Company. Accordingly, the Company may not be able to obtain additional financing. Si
the Company is unable to raise additional capital, the Company may be required to take additional measures to conserve liquidity,
which could include, but not necessarily be limited to, curtailing operations, suspending the pursuit of our business plan, and
reducing overhead expenses. In the coming years, the Company plans to develop app and related E-commerce business to increase
revenues to meet its future cash flow requirements. However, the Company cannot provide any assurance on the successful development
of the Company’s contemplated plan of operations or the financing that will be available to us on commercially acceptable
terms, if at all.

Celles-ci
conditions raise substantial doubt about our ability to continue as a going concern. The financial statements do not include any
adjustments to reflect the possible future effects on the recoverability and classification of assets or the amounts and classifications
of liabilities that may result should the Company be unable to continue as a going concern.

NOTE
2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Basis
of presentation and principles of consolidation

The
accompanying consolidated financial statements are prepared in accordance with accounting principles generally accepted in the
United States of America (“U.S. GAAP”) and pursuant to the accounting and disclosure rules and regulations of the
Securities and Exchange Commission (“SEC”). The consolidated financial statements include the accounts of CXKJ, its
wholly owned subsidiaries, CX Cayman, CX HK, CX Network, and its VIE, Shenzhen CX. All intercompany transactions and balances
have been eliminated in the consolidation and all necessary adjustments have been made to present the financial statements in
accordance with U.S. GAAP.

Utilisation
of estimates

The
preparation of financial statements in conformity with U.S. 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 reporting period including valuation of allowance for
deferred tax assets and useful life of properties and equipment. Actual results could differ from those estimates.

Net
loss per common share

The
Company complies with accounting and disclosure requirements of FASB ASC Topic 260, “Earnings Per Share.” Net loss
per common share is computed by dividing net loss applicable to common stockholders by the weighted average number of common shares
outstanding for the period. At September 30, 2020 and 2019, the Company did not have any dilutive securities and other contracts
that could, potentially, be exercised or converted into common stock and then share in the earnings of the Company. As a result,
diluted loss per common share is the same as basic loss per common share for the periods presented.

Fair
value of financial instruments

The
Company follows the provisions of ASC 820, “Fair Value Measurements and Disclosures.” ASC 820 clarifies the definition
of fair value, prescribes methods for measuring fair value, and establishes a fair value hierarchy to classify the inputs used
in measuring fair value as follows:

Level
1-Inputs are unadjusted quoted prices in active markets for identical assets or liabilities available at the measurement date.

Level
2-Inputs are unadjusted quoted prices for similar assets and liabilities in active markets, quoted prices for identical or similar
assets and liabilities in markets that are not active, inputs other the quoted prices that are observable, and inputs derived
from or corroborated by observable market data.

Level
3-Inputs are unobservable inputs which reflect the reporting entity’s own assumptions on what assumptions the market participants
would use in pricing the asset or liability based on the best available information.

The
carrying amounts reported in the balance sheets for cash and cash equivalents, accounts receivable, other receivable, prepaid
expenses, current security deposit, accrued liabilities and other payables, and short-term loans approximate their fair market
value based on the short-term maturity of these instruments.

Management
believes it is not practical to estimate the fair value of due to related party because the transactions cannot be assumed to
have been consummated at arm’s length, the terms are not deemed to be market terms, there are no quoted values available
for these instruments, and an independent valuation would not be practical due to the lack of data regarding similar instruments,
if any, and the associated potential costs.

Risks
and uncertainties

The
Company’s operations are substantially carried out in the PRC. Accordingly, the Company’s business, financial condition
and results of operations maybe substantially influenced by the political, economic and legal environments in the PRC, and by
the general state of the PRC’s economy. The Company’s operations in the PRC are subject to specific considerations
and significant risks not typically associated with companies in North America and Western Europe. These include risks associated
with, among others, the political, economic and legal environments and foreign currency exchange. The Company’s results
may be adversely affected by changes in governmental policies with respect to laws and regulations, anti-inflationary measures,
currency conversion and remittance abroad, and rates and methods of taxation, among other things.

Financial
instruments which potentially subject the Company to concentrations of credit risk consist principally of cash and trade accounts
receivable. Substantially all of the Company’s cash is maintained with state-owned banks within the PRC, and no deposits
are covered by insurance. The Company has not experienced any losses in such accounts and believes it is not exposed to any risks
on its cash in bank accounts.

Cash
and cash equivalents

Cash
and cash equivalents consist of cash on hand and all highly liquid instruments with original maturities of three months or less
when purchased.

Accounts
receivable

Accounts
receivable primarily represents the cash due from customers, third-party application stores and other payment channels, net of
allowance for doubtful accounts. The Company makes estimates for the allowance for doubtful accounts based upon its assessment
of various factors, including the age of accounts receivable balances, credit quality of third-party application stores and other
payment channels, current economic conditions and other factors that may affect their ability to pay. An allowance for doubtful
accounts is recorded in the period in which a loss is determined to be probable. Provision for doubtful accounts was $2,894 and
$nil for the year ended September 30, 2020 and 2019, respectively.

Propriété
and equipment, net

Propriété
and equipment are recorded at cost less accumulated depreciation and amortization. Significant additions or improvements extending
useful lives of assets are capitalized. Maintenance and repairs are charged to expense as incurred. Depreciation and amortization
are computed based on cost, less their estimated residual value, if any, using the straight-line method over the estimated useful
lives as follows:

Bureau
équipement
3
years
Furniture
and fixtures
3
years

Impairment
of long-lived assets

Long-lived
assets held and used by the Company are reviewed for impairment whenever events or changes in circumstances indicate that the
carrying value of such assets may not be fully recoverable. It is possible that these assets could become impaired as a result
of technology, economy or other industry changes. If circumstances require a long-lived asset or asset group to be tested for
possible impairment, the Company first compares undiscounted cash flows expected to be generated by that asset or asset group
to its carrying value. If the carrying value of the long-lived asset or asset group is not recoverable on an undiscounted cash
flow basis, an impairment is recognized to the extent that the carrying value exceeds its fair value. Fair value is determined
through various valuation techniques, including discounted cash flow models, relief from royalty income approach, quoted market
values and third-party independent appraisals, as considered necessary.

The
Company makes various assumptions and estimates regarding estimated future cash flows and other factors in determining the fair
values of the respective assets. The assumptions and estimates used to determine future values and remaining useful lives of long-lived
assets are complex and subjective. They can be affected by various factors, including external factors such as industry and economic
trends, and internal factors such as the Company’s business strategy and its forecasts for specific market expansion. The
Company did not record any impairment charges for the years ended September 30, 2020 and 2019.

Advertising
costs

Advertising
costs are classified as selling expenses and are expensed in the period incurred and represent online marketing, including fees
paid to search engines, and online and offline marketing. Advertising expense was $nil for both of the years ended September 30,
2020 and 2019.

Income
impôts

The
Company utilizes ASC Topic 740, “Income taxes”, which requires the recognition of deferred tax assets and liabilities
for the expected future tax consequences of events that have been included in the consolidated financial statements or tax returns.
Under this method, deferred income taxes are recognized for the tax consequences in future years of differences between the tax
bases of assets and liabilities and their financial reporting amounts at each period end based on enacted tax laws and statutory
tax rates applicable to the periods in which the differences are expected to affect taxable income. Valuation allowances are established,
when necessary, to reduce deferred tax assets to the amount expected to be realized.

ASC
740 “Income taxes” clarifies the accounting for uncertainty in tax positions. This interpretation requires that an
entity recognizes in the financial statements the impact of a tax position, if that position is more likely than not of being
sustained upon examination, based on the technical merits of the position. Recognized income tax positions are measured at the
largest amount that is greater than 50% likely of being realized. Changes in recognition or measurement are reflected in the period
in which the change in judgment occurs. The Company has elected to classify interest and penalties related to unrecognized tax
benefits, if and when required, as part of income tax expense in the consolidated statements of operations. The Company evaluates
the level of authority for each uncertain tax position (including the potential application of interest and penalties) based on
the technical merits, and measure the unrecognized benefits associated with the tax positions. As of September 30, 2020 and 2019,
the Company did not have any unrecognized tax benefits.

Revenue
recognition

Effective
October 1, 2018, the Company adopted Accounting Standards Codification Topic 606, “Revenue from Contracts with Customers”
(“ASC 606”) using the modified retrospective method. Results for the reporting period beginning after October 1, 2018
are presented under ASC 606, while prior period amounts have not been adjusted and continue to be reported in accordance with
the Company’s historic accounting under Topic 605. Management has determined that the adoption of ASC 606 did not impact
the Company’s previously reported financial statements in any prior period nor did it result in a cumulative effect adjustment
to opening retained earnings.

Under
ASC 606, the Company recognizes revenue when a customer obtains control of promised goods, in an amount that reflects the consideration
which the Company expects to receive in exchange for the goods. To determine revenue recognition for arrangements within the scope
of ASC 606, the Company performs the following five steps: (1) identify the contracts with a customer; (2) identify the performance
obligations in the contract; (3) determine the transaction price; (4) allocate the transaction price to the performance obligations
in the contract; and (5) recognize revenue when or as the entity satisfies a performance obligation. The Company only applies
the five-step model to contracts when it is probable that the entity will collect the consideration it is entitled to in exchange
for the goods it transfers to the customer.

The
Company currently recognizes revenue from application users in the form of membership subscription and à la carte online
credit purchases. Membership subscription is a service package which enables members to enjoy additional functions and privileges.
Members pay in advance, primarily by using a debit card or through mobile app stores, and, subject to certain conditions identified
in the Company’s terms and conditions, all purchases are final and nonrefundable. Fees collected, in advance for membership
subscription, are deferred and recognized as revenue using the straight-line method over the terms of the applicable membership
period, which primarily range from one to three months. Membership subscription revenue is insignificant for the years ended September
30, 2019 and 2018. À la carte online credit purchases are non-refundable and the risk passes to users when users pay for
à la carte features. Revenue from the purchase of à la carte features is recognized upon users paying for the purchase.
In the year ended September 30, 2019, the Company also generated revenue from development and sale of software. Revenue from development
and sale of software is recognized when the software is delivered to and accepted by the customer.

Revenue
was recorded on a gross basis, net of surcharges and value added tax (“VAT”) of gross sales. The Company recorded
revenue on a gross basis because the Company has the following indicators for gross reporting: is the primary obligor of the sales
arrangements has latitude in establishing prices, has discretion in suppliers’ selection and assumes credit risks on receivables
from customers.

Cost
of revenues

Cost
of revenues primarily includes bandwidth costs, professional expenses associated with maintenance of mobile platform, and labor
costs.

Foreign
currency translation

The
reporting currency of the Company is the U.S. dollar. The functional currency of Shenzhen CX and CX Network is the local currency,
the Chinese Renminbi (“RMB”) as PRC is the primary economic environment in which they operate. The functional currency
of CX HK is Hong Kong Dollar (the “HKD”). The Company’s subsidiaries or VIE with functional currency of RMB
translate their operating results and financial positions into the U.S. dollar, the Company’s reporting currency. Results
of operations and cash flows are translated at average exchange rates during the period, assets and liabilities are translated
at the unified exchange rate at the end of the period, and equity is translated at historical exchange rates. Translation adjustments
resulting from the process of translating the local currency financial statements into U.S. dollars are included in other comprehensive
income in the statement of stockholders’ equity. The Company does not enter any material transaction in foreign currencies
and accordingly, transaction gains or losses have not had, and are not expected to have, a material effect on the results of operations
of the Company.

Accumulated
other comprehensive loss

Comprehensive
loss is comprised of net loss and all changes to the statements of stockholders’ deficit, except those due to investments
by stockholders, changes in paid-in capital and distributions to stockholders. For the Company, comprehensive loss for the years
ended September 30, 2020 and 2019 included net loss and unrealized loss (gain) from foreign currency translation adjustments.

Recherche
and development expenses

Recherche
and development expenses include salaries and benefits for research and development personnel, depreciation expenses associated
with the research and development activities, and other related expenses associated with product development. The Company’s
research and development activities primarily consist of the research and development of new features for its mobile platform
and its self-developed mobile applications. The Company has expensed all research and development expenses when incurred.

en relation
parties

Parties
are considered to be related to the Company if the parties that, directly or indirectly, through one or more intermediaries, control,
are controlled by, or are under common control with the Company. Related parties also include principal owners of the Company,
its management, members of the immediate families of principal owners of the Company and its management and other parties with
which the Company may deal if one party controls or can significantly influence the management or operating policies of the other
to an extent that one of the transacting parties might be prevented from fully pursuing its own separate interests.

Operating
leases

Sur
October 1, 2019, the Company adopted Accounting Standards Update (ASU) 2016-02, Leases (as amended by ASU 2017-13, 2018-01, 2018-10
& 11, 2018-20, and 2019-01, collectively ASC Topic 842), using the modified retrospective method. The Company elected the
transition method which allows entities to initially apply the requirements by recognizing a cumulative-effect adjustment to the
opening balance of retained earnings in the period of adoption. As a result of electing this transition method, previously reported
financial information has not been restated to reflect the application of the new standard to the comparative periods presented.
The Company elected the package of practical expedients permitted under the transition guidance within ASC 842, which among other
things, allows the Company to carry forward certain historical conclusions reached under ASC Topic 840 regarding lease identification,
classification, and the accounting treatment of initial direct costs. The Company elected not to record assets and liabilities
on its consolidated balance sheet for new or existing lease arrangements with terms of 12 months or less. The Company recognizes
lease expenses for such lease on a straight-line basis over the lease term.

The
primary impact of applying ASC Topic 842 is the initial recognition of approximately $15,000 of lease liability and right-of-use
asset on the Company’s consolidated balance sheet as of October 1, 2019, for lease classified as operating lease under ASC
Topic 840, as well as enhanced disclosure of the Company’s leasing arrangement. There is no cumulative effect to accumulated
deficit or other components of equity recognized as of October 1, 2019 and the adoption of this standard did not impact the consolidated
statement of operations and comprehensive loss. The Company does not have finance lease arrangements as of June 30, 2020. See
Note 8 for further discussion.

Nouveau
accounting pronouncements

Dans
February 2018, the FASB released ASU 2018-2, “Reclassification of Certain Tax Effects from Accumulated Other Comprehensive
Income.” This standard update addresses a specific consequence of the Tax Cuts and Jobs Act (the “Tax Act”)
and allows a reclassification from accumulated other comprehensive income to retained earnings for the stranded tax effects resulting
from the Tax Act. Consequently, the update eliminates the stranded tax effects that were created as a result of the historical
U.S. federal corporate income tax rate to the newly enacted U.S. federal corporate income tax rate. The Company is required to
adopt this standard in the first quarter of fiscal year 2020, with early adoption permitted. The amendments in this update should
be applied either in the period of adoption or retrospectively to each period in which the effect of the change in the U.S. federal
corporate income tax rate in the Tax Cuts and Jobs Act is recognized. The Company adopted this ASU in the first quarter of 2020
and the new standard did not have a material impact on the consolidated financial statements.

Dans
August 2018, the FASB issued ASU 2018-13 Disclosure Framework — Changes to the Disclosure Requirements for Fair Value
Measurement, which eliminates, adds, and modifies certain disclosure requirements for fair value measurements under ASC 820.
This ASU is to be applied on a prospective basis for certain modified or new disclosure requirements, and all other amendments
in the standard are to be applied on a retrospective basis. The new standard is effective for interim and annual periods beginning
after December 15, 2019, with early adoption permitted. The Company adopted this ASU in the first quarter of 2020 and the new
standard did not have a material impact on the consolidated financial statements.

Dans
December 18, 2019, the FASB issued ASU 2019-12, income Taxes — Simplifying the Accounting for Income Taxes serves to simplify
the accounting for income taxes by removing certain following Codification exceptions, including exception to the requirement
to recognize a deferred tax liability for equity method investments when a foreign subsidiary becomes an equity method investment.
This guidance will be effective after December 15, 2020, with early adoption permitted. The Company is currently evaluating the
impact of the new guidance and do not expect the adoption of this guidance will have a material impact on the consolidated financial
statements.

Dans
January 2020, the FASB issued ASU 2020-01, Investments—Equity Securities, Investments—Equity Method and Joint Ventures,
and Derivatives and Hedging, which clarifies the interaction of the accounting for equity securities under Topic 321, the accounting
for equity method investments in Topic 323, and the accounting for certain forward contracts and purchased options in Topic 815.
This guidance will be effective in the first quarter of 2021 on a prospective basis, with early adoption permitted. The Company
is currently evaluating the impact of the new guidance and do not expect the adoption of this guidance will have a material impact
on the consolidated financial statements.

NOTE
3 – ACCOUNTS RECEIVABLE

À
September 30, 2020 and 2019, accounts receivable consisted of the following:

September 30,
2020
September 30,
2019
Accounts receivable $ 2,986 $ 453
Allowance for doubtful accounts (2,986 )
$ $ 453

Provision for doubtful accounts was $2,894
and $nil for the year ended September 30, 2020 and 2019, respectively.

NOTE
4 – PROPERTY AND EQUIPMENT, NET

À
September 30, 2020 and 2019, property and equipment consisted of the following:

September 30,
2020
September 30,
2019
Office equipment $ 31,132 $ 29,625
Furniture and fixtures 18,387 17,497
Sub-total 49,519 47,122
Less: accumulated depreciation (49,519 ) (32,742 )
Foreign currency translation
Property and equipment, net $ $ 14,380

Pour
the years ended September 30, 2020 and 2019, depreciation expense amounted to $14,643 and $20,069, respectively, which is
included in general and administrative expenses, research and development expenses and cost of revenues.

NOTE
5 – SHORT-TERM LOANS

Comme
of September 30, 2020 and 2019, the balance of the short-term loans was $58,064 and 57,497, respectively. The amount represents
loans borrowed from an individual and a company that are unsecured, no interest bearing and due on demand.

NOTE
6 – INCOME TAXES

The
Company accounts for income taxes pursuant to the accounting standards that requires the recognition of deferred tax assets and
liabilities for both the expected impact of differences between the financial statements and the tax basis of assets and liabilities,
and for the expected future tax benefit to be derived from tax losses and tax credit carryforwards. Additionally, the accounting
standards require the establishment of a valuation allowance to reflect the likelihood of realization of deferred tax assets.
The Company and its subsidiaries file separate income tax returns.

Uni
États

CXKJ
is incorporated in the State of Nevada and is subject to the United States federal income tax. No provision for income taxes in
the U.S. has been made as the Company has no U.S. taxable income for the years ended September 30, 2020 and 2019.

Sur
December 22, 2017, the Tax Cut and Jobs Act (“Tax Act”) was signed into law. The Tax Act introduced a broad range
of tax reform measures that significantly changed the federal income tax laws. The provisions of the Tax Act may have a
significant impact on the Company, which includes the permanent reduction of the corporate income tax rate from 35% to 21%
effective for tax years including or commencing on January 1, 2018, one-time transition tax on post-1986 foreign unremitted
earnings, provision for Global Intangible Low Tax Income (“GILTI”), deduction for Foreign Derived Intangible
Income (“FDII”), repeal of the corporate alternative minimum tax, limitation of various business deductions, and
modification of the maximum deduction of net operating loss with no carryback but indefinite carryforward provision. Beaucoup
provisions in the Tax Act are generally effective in tax years beginning after December 31, 2017. The Company has suffered
recurring losses from operations and retained an accumulated deficit of $2,567,413 and $2,301,435 as of September 30, 2020
and 2019, respectively, therefore there was no provision of the tax on GILTI for the year ended September 30, 2020 and
2019.

Cayman
Islands

CX
Cayman is incorporated in the Cayman Islands. Under the current laws of the Cayman Islands, CX Cayman is not subject to tax on
income or capital gains. In addition, upon payments of dividends by CX Cayman, no Cayman Islands withholding tax is imposed.

Hong
Kong

CX
HK is incorporated in Hong Kong and Hong Kong’s profits tax rate is 8.25% for the first $0.26 million (HK$2 million), the
excess part will be taxed at 16.5%. CX HK did not earn any income that was derived in Hong Kong for the years ended September
30, 2020 and 2019 and therefore, CX HK was not subject to Hong Kong profits tax for the years reported.

PRC

The
PRC’s statutory income tax rate is 25%. The Company’s subsidiary and VIE registered in PRC are subject to income tax
rate of 25%, unless otherwise specified.

CX
Network did not generate taxable income in the PRC for the years ended September 30, 2020 and 2019. Management estimated that
CX Network will not generate any taxable income in the future.

Shenzhen
CX was incorporated in the PRC. For year ended September 30, 2020, Shenzhen CX incurred net operating losses and, accordingly,
no provision for income taxes has been recorded. For the year ended September 30, 2019, Shenzhen CX generated taxable income,
but no provision for income taxes has been recorded since the amount is fully deducted due to net operating loss carry forwards.
In addition, a full valuation allowance has been provided against Shenzhen CX’s deferred income tax assets due to the uncertainty
of the realization of any tax assets. At September 30, 2020 and 2019, Shenzhen CX had $1,820,097 and $1,774,343 of net operating
losses, respectively. The net operating loss carry forwards, if not utilized, will begin to expire in 2020.

The
components of Shenzhen CX’s deferred tax assets are as follows:

September 30,
2020
September 30,
2019
Deferred tax assets $ 455,024 $ 443,586
Less: Valuation allowance (455,024 ) (443,586 )
Deferred tax assets, net $ $

NOTE
7 – STOCKHOLDERS’ DEFICIT

Dans
October and December 2018, the Company entered into subscription agreements with certain purchasers pursuant to which the Company
offered to the purchasers, in a registered direct offering, an aggregate of 160,000 shares of common stock, par value $0.0001
per share, with a purchase price of $0.30 per share. The Company received gross proceeds of $48,000.

As of September 30, 2020 and 2019, there were 21,376,918 shares
issued and outstanding, respectively.

NOTE
8 – OPERATING LEASE

Sur
May 10, 2018, the Company entered into a lease agreement for its office with a monthly rent of RMB15,000 (approximately $2,130)
and a term of two years. Effective October 1, 2019, the Company initially recognized operating lease liability of $14,714 and
corresponding right-of-use asset of $15,332 based on the present value of the remaining minimum rental payments under current
lease standards for existing operating lease. The discount rate utilized in such present value calculation was 4.80% based on
an estimate of the Company’s incremental borrowing rate. In December 2019, the Company has terminated the lease.

During the year ended September 30,
2020, the Company had operating lease expense of $4,260. The remaining lease liability in the amount of $10,566 has been extinguished due to the lease termination in December 2019. The loss related to termination was $2,130 which is included
in other income (expenses). As of September
30, 2020, there is no operating lease right-of-use asset and operating lease liability in the consolidated balance sheet.

NOTE
9 – RELATED PARTY TRANSACTIONS

The
related parties consist of the following:

Nom
of Related Party
La nature
of Relationship
Jiyin
Li
Chairman
Huibin
Su
Chief
Executive Officer and Chief Financial Officer
Chaoran
Zhang
Significant
Shareholder of Shenzhen CX

Due
to related parties

Due
to related parties consist of the following:

September 30,
2020
September 30,
2019
Jiyin Li $ 1,290 $ 1,279
Huibin Su 599,950 445,607
Chaoran Zhang 14,726 14,013
Total $ 615,966 $ 460,899

The
balance of due to related parties represents expense paid by related parties on behalf of the Company and the loans the Company
obtained from related parties for working capital purpose. The loans owed to the related parties are interest free, unsecured
and repayable on demand.

Pendant
the years ended September 30, 2020 and 2019, the Company obtained loans from the above related parties in the amount of $158,160
and $164,466, respectively, and made repayment to them in the amount of $3,092 and $76,955, respectively.

During the year ended September 30, 2020
and 2019, Huibin Su paid expenses on behalf of the Company in the amount of $3,165 and $4,060, respectively.

Dans
addition, during the year ended September 30, 2019, two friends of Huibin Su provided office space to Shenzhen CX and CX HK free
of charge, and Dongguan FirstWisdom Listing Services Co., Ltd, a company controlled by Chaoran Zhang and Huibin Su, was allowed
to share the office space leased by Shenzhen CX at no cost. Yi Zhang, a friend of Huibin Su, also provided non-compensated accounting
services to the Company during the year ended September 30, 2019.

NOTE 10 – SUBSEQUENT EVENTS

The Company has evaluated subsequent events through the date of issuance of the audited consolidated financial statements, there
were no other subsequent events occurred that would require recognition or disclosure in the audited consolidated financial statements.

F-20

EXHIBIT 31.1

CERTIFICATION OF CHIEF EXECUTIVE OFFICER
PURSUANT TO EXCHANGE ACT RULE 13A-14(A),

AS ADOPTED PURSUANT TO SECTION 302 OF
THE SARBANES-OXLEY ACT OF 2002

I, Huibin Su, certify that:

1. je
have reviewed this Annual Report on Form 10-K for the fiscal year ended September 30, 2020 of CX Network Group, Inc..;

2 Based
on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary
to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect
to the period covered by this report;

3 Based
on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material
respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented
in this report;

4 The
registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures
(as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange
Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

une. Designed
such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision,
to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by
others within those entities, particularly during the period in which this report is being prepared;

b. Designed
such internal control over financial reporting, or caused such internal control over financial reporting to be designed under
our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial
statements for external purposes in accordance with generally accepted accounting principles;

c. Evaluated
the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about
the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such
evaluation; et

ré. Disclosed
in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s
most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant’s
internal control over financial reporting; et

5 The
registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over
financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors:

une. Tout
significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which
are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information;
et

b. Tout
fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s
internal control over financial reporting.

Date: January 13, 2021 Par: /s/ Huibin Su

Huibin Su

Chief Executive Officer

(Principal Executive Officer)

EXHIBIT 31.2

CERTIFICATION OF CHIEF FINANCIAL OFFICER
PURSUANT TO EXCHANGE ACT RULE 13A-14(A),

AS ADOPTED PURSUANT TO SECTION 302 OF
THE SARBANES-OXLEY ACT OF 2002

I, Huibin Su, certify that:

1. I have reviewed this Annual Report on Form 10-K for the
fiscal year ended September 30, 2020 of CX Network Group, Inc.

2 Based on my knowledge, this report does not contain any
untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances
under which such statements were made, not misleading with respect to the period covered by this report;

3 Based on my knowledge, the financial statements, and
other financial information included in this report, fairly present in all material respects the financial condition, results
of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4 The registrant’s other certifying officer and I
are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e)
and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the
registrant and have:

une. Designed such disclosure controls and procedures, or
caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating
to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly
during the period in which this report is being prepared;

b. Designed such internal control over financial reporting,
or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance
regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance
with generally accepted accounting principles;

c. Evaluated the effectiveness of the registrant’s
disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls
and procedures, as of the end of the period covered by this report based on such evaluation; et

ré. Disclosed in this report any change in the registrant’s
internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter that has materially
affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; et

5 The registrant’s other certifying officer and I
have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors
and the audit committee of the registrant’s board of directors:

une. All significant deficiencies and material weaknesses
in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s
ability to record, process, summarize and report financial information; et

b. Any fraud, whether or not material, that involves management
or other employees who have a significant role in the registrant’s internal control over financial reporting.

Date: January 13, 2021 Par: /s/ Huibin Su

Huibin Su

Chief Financial Officer

(Principal Financial and Accounting Officer)

EXHIBIT 32.1

CERTIFICATION PURSUANT TO

18 U.S.C. SECTION 1350,

AS ADOPTED PURSUANT TO

SECTION 906 OF THE SARBANES-OXLEY ACT
OF 2002

I, Huibin Su, certify, pursuant to Section 906 of the Sarbanes-Oxley
Act of 2002, 18 U.S.C. Section 1350, that:

1. The
Annual Report on Form 10-K of CX Network Group, Inc. (the “Company”) for the fiscal year ended September 30, 2020
(the “Report”) fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934
(U.S.C. 78m or 78o(d)); et

2. The
information contained in the Report fairly presents, in all material respects, the financial condition and results of operations
of the Company.

Date: January 13, 2021 Par: /s/ Huibin Su
Huibin Su

Chief Executive Officer

(Principal Executive Officer)

The foregoing certification is being furnished
solely pursuant to section 906 of the Sarbanes-Oxley Act of 2002 (subsections (a) and (b) of section 1350, chapter 63 of title
18, United States Code) and is not being filed as part of a separate disclosure document.


EXHIBIT 32.2

CERTIFICATION PURSUANT TO

18 U.S.C. SECTION 1350,

AS ADOPTED PURSUANT TO

SECTION 906 OF THE SARBANES-OXLEY ACT
OF 2002

I, Huibin Su, certify, pursuant to Section 906 of the Sarbanes-Oxley
Act of 2002, 18 U.S.C. Section 1350, that:

1. The
Annual Report on Form 10-K of CX Network Group, Inc. (the “Company”) for the fiscal year ended September 30,
2020 (the “Report”) fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act
of 1934 (U.S.C. 78m or 78o(d)); et

2. The
information contained in the Report fairly presents, in all material respects, the financial condition and results of operations
of the Company.

Date: January 13, 2021 Par: /s/ Huibin Su
Huibin Su

Chief Financial Officer

(Principal Financial and Accounting Officer)

The foregoing certification is being furnished
solely pursuant to section 906 of the Sarbanes-Oxley Act of 2002 (subsections (a) and (b) of section 1350, chapter 63 of title
18, United States Code) and is not being filed as part of a separate disclosure document.

ifeddal

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