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QK Q and K International Group Ltd

2.74
0.00 (0.00%)
19 Jul 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Q and K International Group Ltd NASDAQ:QK NASDAQ Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 2.74 1.91 3.60 0 01:00:00

Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16 (6-k)

27/07/2021 12:23pm

Edgar (US Regulatory)


false2021-03-310001769256--09-30As of September 30, 2020 and March 31, 2021, the balance due from a rental service company represented the reimbursement renovation costs due from the rental service company. The Company started to cooperate with a rental service company to source and renovate apartments since August 2018. For certain identified newly sourced apartments, the rental service company reimburses the Company for costs incurred for the renovation. The Company then makes payments to the rental service company in installments equal to the reimbursed renovation costs plus interest and tax over a period of five years.The deductible input VAT represented the excess of input VAT arising from purchases over output VAT arising from sales under the PRC tax laws and regulations. The deductible input VAT is carried forward to future period. As of March 31, 2021, the Company assessed certain PRC subsidiaries would not generate sufficient revenues and output VAT for the balance to be deducted in the next twelve months, the Company reclassified the deductible input VAT to the account of “other assets” as a noncurrent asset.Upon asset acquisition with Beautiful House, the Group engaged a third party service provider to provide apartment operation services to the Group. 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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
 
 
FORM
6-K
 
 
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE
13a-16
OR
15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of July, 2021
Commission File Number:
001-39111
 
 
Q&K International Group Limited
(Registrant’s Name)
 
 
Suite 1607, Building A
No.596 Middle Longhua Road
Xuhui District, Shanghai, 200032
People’s Republic of China
(Address of principal executive offices)
 
 
Indicate by check mark whether the registrant files or will file annual reports under cover of Form
20-F
or Form
40-F.
Form
20-F  
☒            Form
40-F  
Indicate by check mark if the registrant is submitting the Form
6-K
in paper as permitted by Regulation
S-T
Rule 101(b)(1):   ☐
Indicate by check mark if the registrant is submitting the Form
6-K
in paper as permitted by Regulation
S-T
Rule 101(b)(7):   ☐
 
 
 

EXHIBIT INDEX
 
Number
  
Description of Document
   
99.1
  
Management’s Discussion and Analysis of Financial Condition and Results of Operations and Recent Developments
   
99.2
  
Unaudited Condensed Consolidated Financial Statements
   
101.INS
  
Inline XBRL Instance Document — the instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL 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 Presentation Linkbase Document
   
104
  
Cover Page Interactive Data File (embedded within the Inline XBRL document)
 
2

SIGNATURES
Pursuant to the requirements 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.
 
Q&K International Group Limited
   
By:
 
/s/ Chengcai Qu
Name:
 
Chengcai Qu
Title:
 
Chairman of the Board of Directors, Chief
Executive Officer, Chief Operating Officer and Vice President
Date: July 2
7
, 2021
 
3

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