GCGJ Reports Zero Revenue, Mounting Losses; Going Concern Doubt Raised

TL;DR

**GCGJ is a zombie company with zero revenue and a 'going concern' warning; avoid at all costs.**

AI Summary

GUOCHUN INTERNATIONAL INC. (GCGJ) reported zero revenues for both the three and nine months ended September 30, 2025, and 2024, indicating a complete lack of operational business. The company incurred a net loss of $25,347 for the three months ended September 30, 2025, a significant increase from the $6,844 net loss in the same period of 2024. For the nine months ended September 30, 2025, the net loss was $37,863, up from $23,941 in the prior year, primarily driven by higher professional fees and other general and administrative expenses. Total operating expenses rose to $25,347 for the three months and $37,863 for the nine months ended September 30, 2025. The company has zero cash and cash equivalents as of September 30, 2025, and a negative working capital of $92,475, raising substantial doubt about its ability to continue as a going concern. GCGJ is actively searching for new business opportunities since ceasing its messenger application development on June 27, 2022, but no acquisition has occurred as of the filing date. The company remains dependent on additional investment capital to fund its operating expenses.

Why It Matters

This filing paints a dire picture for GUOCHUN INTERNATIONAL INC. (GCGJ) investors, highlighting a company with no revenue, increasing losses, and zero cash, which signals extreme financial instability. The 'going concern' warning is a critical red flag, indicating that GCGJ may not be able to meet its financial obligations in the near future, making it a highly speculative investment. For employees, the lack of a defined business and financial distress suggests significant job insecurity. Customers are non-existent as the company has no current operations. In the broader market, GCGJ's situation underscores the risks associated with micro-cap companies that fail to pivot effectively after business model changes, especially in competitive tech sectors where its former messenger app business was intended to operate.

Risk Assessment

Risk Level: high — The risk level is high due to the company's 'going concern' warning, zero revenues for the three and nine months ended September 30, 2025, and a net loss of $37,863 for the nine-month period. Additionally, GCGJ has $0 cash and cash equivalents and negative working capital of $92,475 as of September 30, 2025, indicating severe liquidity issues.

Analyst Insight

Investors should immediately divest any holdings in GCGJ due to the severe financial distress, lack of revenue, and explicit 'going concern' warning. This company presents an extremely high risk with no clear path to profitability or operational stability.

Financial Highlights

debt To Equity

N/A

revenue

$0

operating Margin

N/A

total Assets

$0

total Debt

N/A

net Income

$(37,863)

eps

$(0.010)

gross Margin

N/A

cash Position

$0

revenue Growth

N/A

Revenue Breakdown

Key Numbers

• $0 — Revenue (for the three and nine months ended September 30, 2025 and 2024, indicating no operational income.)
• $(25,347) — Net Loss (3 months) (increased from $(6,844) in Q3 2024, showing worsening financial performance.)
• $(37,863) — Net Loss (9 months) (increased from $(23,941) in the prior year, reflecting growing operational expenses without revenue.)
• $0 — Total Assets (as of September 30, 2025, highlighting a complete lack of company assets.)
• $(92,475) — Total Stockholders' Deficit (worsened from $(54,612) as of December 31, 2024, indicating increasing financial insolvency.)
• $0 — Cash and Cash Equivalents (as of September 30, 2025, demonstrating severe liquidity issues.)
• $92,475 — Negative Working Capital (as of September 30, 2025, indicating current liabilities exceed current assets.)
• $37,363 — Increase in Accounts Payable and Accrued Liabilities (for the nine months ended September 30, 2025, contributing to cash used in operations.)
• $500 — Net Cash Used in Operating Activities (for the nine months ended September 30, 2025, a decrease from $18,495 in 2024, primarily due to advances from a non-related party.)
• 3,870,600 — Shares Outstanding (as of September 30, 2025, unchanged from December 31, 2024.)

Key Players & Entities

• GUOCHUN INTERNATIONAL INC. (company) — registrant issuer
• GCGJ (company) — trading symbol
• ZHOU XUAN (person) — current sole officer and director, CEO, CFO
• Gediminas Knyzelis (person) — former sole officer and director and majority stockholder
• SEC (regulator) — Securities and Exchange Commission
• $25,347 (dollar_amount) — net loss for three months ended September 30, 2025
• $6,844 (dollar_amount) — net loss for three months ended September 30, 2024
• $37,863 (dollar_amount) — net loss for nine months ended September 30, 2025
• $92,475 (dollar_amount) — negative working capital as of September 30, 2025
• $0 (dollar_amount) — cash and cash equivalents as of September 30, 2025

FAQ

Risk Factors

• Lack of Operations and Revenue [high — operational]: The company has reported zero revenues for both the three and nine months ended September 30, 2025 and 2024. This indicates a complete absence of active business operations and revenue generation.
• Going Concern Doubt [high — financial]: As of September 30, 2025, the company has $0 cash and cash equivalents and a negative working capital of $92,475. This severe liquidity crunch raises substantial doubt about its ability to continue as a going concern.
• Increasing Net Losses [high — financial]: Net losses have increased significantly, from $6,844 in Q3 2024 to $25,347 in Q3 2025, and from $23,941 for the nine months ended Sept 30, 2024 to $37,863 for the same period in 2025. This is driven by rising professional fees and G&A expenses without any corresponding revenue.
• Dependence on Future Capital [high — operational]: The company is actively searching for new business opportunities since ceasing its messenger application development in June 2022. It remains entirely dependent on additional investment capital to fund its operating expenses, with no acquisition yet secured.
• Negative Working Capital [high — financial]: The total current liabilities of $92,475 exceed current assets (which are effectively zero given total assets are reported as $0), resulting in a negative working capital of $92,475 as of September 30, 2025. This is a significant deterioration from a negative working capital of $54,612 as of December 31, 2024.

Industry Context

GUOCHUN INTERNATIONAL INC. operates in a highly competitive landscape, characterized by rapid technological advancements and evolving consumer preferences. The company's previous focus on a messenger application has been abandoned, and it is now in a phase of actively seeking new business opportunities. This search occurs within an industry where established players and agile startups constantly vie for market share, making the identification and successful integration of a new venture critical for survival.

Regulatory Implications

As a smaller reporting company, GUOCHUN INTERNATIONAL INC. is subject to standard SEC reporting requirements. The primary regulatory concern is the company's disclosure of its precarious financial condition, particularly the substantial doubt about its ability to continue as a going concern. Accurate and timely reporting of its financial status and any future business developments is crucial for compliance.

What Investors Should Do

1. Monitor the company's progress in identifying and acquiring new business opportunities.
2. Assess the financial viability of any proposed new business ventures.
3. Evaluate the company's ability to secure additional funding.

Key Dates

• 2022-06-27: Ceased messenger application development and assigned software. — Marked the end of the company's previous business focus and the start of its search for new opportunities.
• 2024-12-31: Company had $0 total assets and a total stockholders' deficit of $(54,612). — Represents the financial position prior to the current reporting period, showing an existing deficit.
• 2025-09-30: Company reported $0 revenue, $0 cash, and a total stockholders' deficit of $(92,475). — Current financial snapshot indicating severe liquidity issues and worsening financial condition.

Glossary

Going Concern

An assumption that a company will continue to operate for the foreseeable future, typically at least 12 months from the reporting date. (The company's financial condition, with zero cash and negative working capital, raises substantial doubt about its ability to continue as a going concern.)

Working Capital

The difference between a company's current assets and current liabilities. Positive working capital indicates a company can meet its short-term obligations. (The company has a negative working capital of $92,475, meaning its current liabilities exceed its current assets, signaling liquidity problems.)

Accumulated Deficit

The cumulative net losses of a company that have not been offset by net income. (The company has an accumulated deficit of $(172,992) as of September 30, 2025, reflecting its history of losses.)

Stockholders' Deficit

Occurs when a company's total liabilities exceed its total assets, resulting in a negative equity position. (The company has a total stockholders' deficit of $(92,475), indicating its liabilities outweigh its assets.)

Year-Over-Year Comparison

Compared to the prior year's filing (likely for the period ending December 31, 2024), GUOCHUN INTERNATIONAL INC. shows a significant deterioration in its financial health. Total assets remain at $0, but the total stockholders' deficit has widened from $(54,612) to $(92,475). Operating expenses have increased substantially for both the three-month and nine-month periods ended September 30, 2025, leading to larger net losses. Crucially, cash and cash equivalents have fallen to $0, exacerbating the going concern issue. No new revenue streams have been identified or implemented since the cessation of its previous business.

Key Financial Figures

• $0 — there were 3,870,600 shares, par value $0.0001, of the registrant's common stock
• $76,535 — Gediminas Knyzelis agreed to waive the $76,535 amount due to him at June 27, 2022 and
• $25,347 — were comprised of operating expenses of $25,347 and $6,844, respectively, resulting in
• $6,844 — ed of operating expenses of $25,347 and $6,844, respectively, resulting in net losses
• $37,863 — were comprised of operating expenses of $37,863 and $23,941, respectively, resulting in
• $23,941 — ed of operating expenses of $37,863 and $23,941, respectively, resulting in net losses
• $500 — t cash used in operating activities was $500, compared to net cash used in operating
• $18,495 — et cash used in operating activities of $18,495 for the nine months ended September 30,

Filing Documents

• gcgjform10q_03092025.htm (10-Q) — 237KB
• ex31.htm (EX-31.1) — 9KB
• ex32.htm (EX-32.1) — 5KB
• 0001765048-25-000030.txt ( ) — 1335KB
• gcgj-20250930.xsd (EX-101.SCH) — 10KB
• gcgj-20250930_cal.xml (EX-101.CAL) — 18KB
• gcgj-20250930_def.xml (EX-101.DEF) — 12KB
• gcgj-20250930_lab.xml (EX-101.LAB) — 91KB
• gcgj-20250930_pre.xml (EX-101.PRE) — 66KB
• gcgjform10q_03092025_htm.xml (XML) — 139KB

FINANCIAL STATEMENTS

FINANCIAL STATEMENTS: F-1 Condensed Balance Sheets as of September 30, 2025 (unaudited) and December 31, 2024 F-1 Condensed Statements of Operations and Comprehensive Loss for the three and nine months ended September 30, 2025 and 2024 (unaudited) F-2 Condensed Statements of Changes in Stockholders' Deficit for the three and nine months ended September 30, 2025 and 2024 (unaudited) F-3 Condensed Statements of Cash Flows for the nine months ended September 30, 2025 and 2024 (unaudited) F-4 Notes to the Condensed Financial Statements F-5 – F-7 ITEM 2.

MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS 1 ITEM 3. QUANTITATIVE AND QUALITATIVED IS CLOSURES ABOUT MARKET RISK 3 ITEM 4.

CONTROLS AND PROCEDURES

CONTROLS AND PROCEDURES 3 PART II OTHER INFORMATION 4 ITEM 1

LEGAL PROCEEDINGS

LEGAL PROCEEDINGS 4 ITEM 2 UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS 4 ITEM 3 DEFAULTS UPON SENIOR SECURITIES 4 ITEM 4 MINE SAFETY DISCLOSURES 4 ITEM 5 OTHER INFORMATION 4 ITEM 6 EXHIBITS 4

– FINANCIAL INFORMATION

PART I – FINANCIAL INFORMATION

Financial statements

Item 1. Financial statements GUOCHUN INTERNATIONAL INC. CONDENSED BALANCE SHEETS AS OF SEPTEMBER 30, 2025 AND DECEMBER 31, 2024 (Currency expressed in United States Dollars ("US

Management's Discussion and Analysis

Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations The following discussion should be read in conjunction with the audited financial statements and related notes in the Company's Annual Report on Form 10-K for the year ended December 31, 2024 that is filed on July 22, 2025. The following discussion contains forward-looking statements that reflect our plans, estimates and beliefs. Our actual results could differ materially from those discussed in the forward- looking in this Report. Our audited financial statements are stated in United States Dollars and are prepared in accordance with United States Generally Accepted Accounting Principles. BUSINESS OVERVIEW To June 27, 2022, the Company was developing a new kind of messenger. Guochun's app was intended to be a unique product with high production value and high revenue potential. It was going to be developed and published on both original and licensed IP. As the result of the change in control transaction on June 27, 2022, the Company assigned the software acquired by the Company on March 17, 2022 to Gediminas Knyzelis, the former sole officer and director. As a result of the ownership and management change described above, the Company ceased its former business plans on June 27, 2022, and is keep searching for business opportunities to acquire since then. As of the issuance date of this filing, no new business acquisition has occurred. Results of Operations For the three and nine months ended September 30, 2025 and 2024, respectively During the three months ended September 30, 2025 and 2024, the Company generated zero revenues, respectively. The operating expenses for the same periods were comprised of operating expenses of $25,347 and $6,844, respectively, resulting in net losses of $25,347 and $6,844 for the three months en

Quantitative and Qualitative Disclosures

Item 3. Quantitative and Qualitative Disclosures About Market Risk. As a "smaller reporting company" as defined by Item 10 of Regulation S-K, the Company is not required to provide information required by this Item.

Controls and Procedures

Item 4. Controls and Procedures. Evaluation of Disclosure Controls and Procedures Disclosure controls and procedures are controls and other procedures designed to ensure that information required to be disclosed in our reports filed or submitted under the Exchange Act is recorded, processed, summarized and reported within the time periods specified in the SEC's rules and forms. Disclosure controls and procedures include, without limitation, controls and procedures designed to ensure that information required to be disclosed in our reports filed or submitted under the Exchange Act is accumulated and communicated to our Certifying Officer or persons performing similar functions, as appropriate, to allow timely decisions regarding required disclosure. We conducted an evaluation of the effectiveness of the design and operation of our disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) as of September 30, 2025. This evaluation was carried out under the supervision and with the participation of our Chief Executive Officer and our Chief Financial Officer. Based upon that evaluation, our Chief Executive Officer and Chief Financial Officer concluded that, as of September 30, 2025, our disclosure controls and procedures were not effective due to the presence of material weaknesses in internal control over financial reporting. Material Weakness in Internal Control Over Financial Reporting 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. Management has identified the following material weaknesses which have caused management to conclude that, as of September 30, 2025, our disclosure controls and procedures were not effective: (i) lack of a functioning audit committee due to a lack of

OTHER INFORMATION

PART II. OTHER INFORMATION

Legal Proceedings

Item 1. Legal Proceedings. We know of no material, active or pending legal proceedings against us, nor are we involved as a plaintiff in any material proceeding or pending litigation. There are no proceedings in which any of our directors, officers or affiliates, or any beneficial shareholder are an adverse party or has a material interest adverse to us.

Risk Factors

Item 1A. Risk Factors. We are a smaller reporting company as defined by Rule 12b-2 of the Securities Exchange Act of 1934 and are not required to provide the information under this item.

Unregistered Sales of Equity Securities

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds. None.

Defaults Upon Senior Securities

Item 3. Defaults Upon Senior Securities. None.

Mine Safety Disclosures

Item 4. Mine Safety Disclosures. Not applicable.

Other Information

Item 5. Other Information. None.

Exhibits

ITEM 6. Exhibits The following exhibits are included as part of this report by reference: Exhibit No. Description 31.1 Certification of Chief Executive Officer Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002* 32.1 Certification of Chief Executive Officer Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002* 101.INS Inline XBRL Instance Document 101.SCH Inline XBRL Taxonomy Extension Schema Document 101.CAL Inline XBRL Taxonomy Extension Calculation Linkbase Document 101.DEF Inline XBRL Taxonomy Extension Definition Linkbase Document 101.LAB Inline XBRL Taxonomy Extension Label Linkbase Document 101.PRE Inline XBRL Taxonomy Extension Pre

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