Kun Peng increases authorized shares to 1B, approves 10:1 forward stock split; appoints two independent directors

Kun Peng International Ltd.

Authorized common shares increased from 200M to 1B; preferred shares unchanged at 10M.
10:1 forward stock split effective Sept 17, 2022; record date Sept 16, 2022; trading on split-adjusted basis Sept 19.
Majority stockholder holding 55.5% approved increase via written consent.
Appointed Lili Zhang and Lingya Jia as non-executive independent directors.

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