The information contained in this Form 10-Q is intended to update the information contained in our Annual Report on Form 10-K for the year ended November 30, 2019 and presumes that readers have access to, and will have read, the "Management's Discussion and Analysis of Financial Condition and Results of Operations" and other information contained in such Form 10-K. The following discussion and analysis also should be read together with our financial statements and the notes to the financial statements included elsewhere in this Form 10-Q.

The following discussion contains certain statements that may be deemed "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements appear in a number of places in this Report, including, without limitation, "Management's Discussion and Analysis of Financial Condition and Results of Operations. "These statements are not guarantees of future performance and involve risks, uncertainties and requirements that are difficult to predict or are beyond our control. Forward-looking statements speak only as of the date of this quarterly report. You should not put undue reliance on any forward-looking statements. We strongly encourage investors to carefully read the factors described in our Form S-1 Amendment No.2, dated June 15, 2018, in the section entitled "Risk Factors" for a description of certain risks that could, among other things, cause actual results to differ from these forward-looking statements. We assume no responsibility to update the forward-looking statements contained in this transition report on Form10-Q. The following should also be read in conjunction with the unaudited Condensed Consolidated Financial Statements and notes thereto that appear elsewhere in this report.





Company Overview


We, Leader Hill Corporation, a Nevada corporation ("the Company") was incorporated under the laws of the State of Nevada on August 21, 2017.

The Company's executive office is located at Flat 1204 Block B, Mei Li Yuan, Hong Ling Middle Road, Luohu, Shenzhen 518000 China.

We, Leader Hill Corporation ("the Company"), are an early stage business consulting company that intends to assist start-up to midsize companies in the East Asia region, with a focus on mainland China and Hong Kong, to operate their businesses more cost effectively through our multifaceted consulting services. Additionally, it should be noted that the Company has not yet generated any revenue, and we currently operate at a net loss.





Going Concern Uncertainties


The accompanying financial statements have been prepared using the going concern basis of accounting, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business.

For the nine months ended and as of August 31, 2020, the Company suffered operating losses of $29,118 and had an accumulated deficit of $98,123. The continuation of the Company as a going concern through August 31, 2020 is dependent upon improving the profitability and the continuing financial support from its stockholders. Management believes the existing shareholders or external financing will provide the additional cash needed to meet the Company's obligations as they become due.

These and other factors raise substantial doubt about the Company's ability to continue as a going concern. The financial statements included herein do not include any adjustments to reflect the possible future effects on the recoverability and classification of assets or the amounts and classification of liabilities that may result in the Company not being able to continue as a going concern.





Results of Operation



For the three and nine months period ended August 31, 2020 and 2019

Our cash and cash equivalents balance were $508 and $525 as of August 31, 2020 and November 30, 2019 respectively.

Revenues and cost of revenue

For the three and nine months ended August 31, 2020, the Company has no revenue , no cost of revenue was incurred for both of mentioned period.

For the three and nine months ended August 31, 2019, the Company has realized a revenue of $43,800 and $46,600 respectively, from two and three customers respectively, no cost of revenue was incurred for both of mentioned period.

General and administrative expenses

For the three and nine months ended August 31, 2020, the company has incurred general and administrative expenses of $5,013 and $29,118 respectively, which consist of mainly financial statement review, transfer agent fee, filing fee and application fee for DTC.

For the three and nine months ended August 31, 2019, the company has incurred general and administrative expenses of $45,029 and $53,662 respectively, which consist of mainly company incorporation fee, audit fee and professional fees.





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Net loss


The Company has incurred a net loss of $5,013 and $29,118 for the three and nine months period ended August 31, 2020 respectively.

For the three and nine months ended August 31, 2019, the Company has incurred a net loss of $1,229 and $7,062 respectively.

Liquidity and Capital Resources

Cash Used in Operating Activities

For the nine months period ended August 31, 2020, the company has consumed $18 in operating activity, of which mainly consist of incurring an operating net loss and increase in accrued expenses contra by increase in loan form director.

For the nine months period ended August 31, 2019, the company has consumed $22,835 in operating activity, of which mainly consist of incurring an operating net loss, increase in account receivable and decrease in other payable and accrued liabilities.

Cash Used in / Provided by Financing Activities

For the nine months period ended August 31, 2019 and 2020, the company didn't incur or generate any cash from financing activity.

Cash Used in / Provided by Investing Activities

For the nine months period ended August 31, 2019 and 2020, the company didn't incur or generate any cash from investing activity.

Off-balance Sheet Arrangements

We have no significant off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on our financial condition, changes in our financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources that are material to our stockholders as of August 31, 2020.





Contractual Obligations


As of August 31, 2020, the Company has no contractual obligations involved.

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