Top KingWin Ltd provides a range of business services and hardware solutions in China to support the development of small and medium enterprises. The company specializes in corporate business training, corporate consulting, advisory and transaction services, sales of devices for data collection and analysis, and sales of AI robots. Its operations are conducted through its wholly-owned PRC subsidiary, Tiancheng Jinhui, which serves as the primary operating entity for all business activities in China.

Top KingWin Ltd generates revenue through five primary business lines: corporate business training services, corporate consulting services, advisory and transaction services, sales of devices to support data collection and analysis, and sales of AI robots. For the fiscal year ended December 31, 2025, sales of devices for data collection and analysis accounted for approximately 83% of total revenue, amounting to $6,676,427. Sales of AI robots contributed approximately 6% of total revenue, or $480,000, while corporate business training, corporate consulting, and advisory and transaction services each generated approximately 5%, 2%, and 2% of total revenue, respectively. The company serves entrepreneurs and executives of small and medium enterprises in China, with a focus on those seeking fundraising, going public, or technological advancement through AI-enabled hardware.

Top KingWin Ltd operates through the following segments: corporate business training services, corporate consulting services, advisory and transaction services, sales of devices to support data collection and analysis, and sales of robots.

• The corporate business training services segment offers private offline seminars at three levels: first-level seminars (Opportunities of Capital Markets) are free and attract potential clients; second-level seminars (System of Capital Markets and Model of Capital Markets) provide detailed knowledge and real-world business skills; third-level seminars (Project Incubation Camp) are small-group sessions focused on business and fundraising plan design. These services are delivered on-site and primarily target entrepreneurs and executives of SMEs at the start-up stage.

• The corporate consulting services segment provides bundled and customized services to SMEs intending to raise funds or go public, including due diligence, business planning, resource planning, reorganization assistance, pre-IPO support, and regulation education. Services are delivered under fixed-price agreements with revenue recognized upon completion of deliverables, and the company had 11 clients as of the end of 2025.

• The advisory and transaction services segment connects entrepreneurs and businesses with sources of capital through tailored advisory services, including financial planning, corporate image building, and fundraising transaction support. Revenue is recognized at the point in time when services are completed, and the company served 8 clients as of the end of 2025, charging fees based on a percentage of funds raised or agreed-upon amounts payable by installments.

• The sales of devices to support data collection and analysis segment provides hardware infrastructure and analytics equipment to SMEs to enable efficient data processing and optimization. This segment focuses on computing power, data collection tools, and data analytics equipment, and generated approximately 83% of total revenue in 2025 from sales to small and medium-sized enterprises in China.

• The sales of robots segment focuses on multi-scenario perceptual interaction AI robots, specifically the TK-D2C model, with sales conducted through the U. S. subsidiary Top KingWin Hi Tech Inc. The segment generated approximately 6% of total revenue in 2025 from the sale of 1,000 units to Walker Times International (Hong Kong) Co., Ltd. under a contract for 10,000 units at $480 per unit, with deliveries scheduled through September 2026.

Top KingWin Ltd positions itself as a service provider that leverages its network of entrepreneurs, investors, and professionals to deliver value-added services to SMEs in China. The company differentiates itself through its highly qualified service team with expertise in legal, regulatory, and financial matters, its extensive personal and business network of its management team, and its client-centric corporate culture. It further benefits from a powerful network effect where growing engagement with its training and consulting services enhances its ability to provide hardware solutions, and vice versa, creating a self-reinforcing cycle of client acquisition and retention.

Top KingWin Ltd serves entrepreneurs and executives of small and medium enterprises in China, with a focus on those in the growth stage seeking fundraising, going public, or technological advancement. The company also serves clients in Hong Kong through its U. S. subsidiary's robot sales, as evidenced by its contract with Walker Times International (Hong Kong) Co., Ltd. for the sale of AI robots.