Item 9.01 Financial Statements and Exhibits.
(a) Financial statements of business acquired.
The unaudited combined balance sheets of Chengdu Aixin Shangyan Hotel Management
Co., Ltd. ("Shangyan Co") as of June 30, 2021 and the related unaudited combined
statements of operations and comprehensive loss, changes in equity (deficit) and
cash flows for the three and six months ended June 30, 2021 and the related
notes to the unaudited combined financial statements, is filed as Exhibit 99.2
to this Current Report on Form 8-K/A and incorporated herein by reference.
The unaudited balance sheets of Chengdu Aixintang Pharmacy Co., Ltd. and its
affiliates (collectively, "Pharmacy Co") as of June 30, 2021, and the related
combined statements of operations and comprehensive loss, changes in equity
(deficit), and cash flows for the three and six months then ended and the
related notes to the financial statements, are filed as Exhibit 99.4 to this
Current Report on Form 8-K/A and incorporated herein by reference.
(b) Pro forma financial information
The unaudited pro forma condensed combined financial statements annexed hereto
as Exhibit 99.5 combines the historical balance sheets of Aixin Life
International, Inc., Hotel Co and Pharmacy Co as if the acquisitions of
ShangyanCo and Pharmacy Co (the "Transactions") had occurred on June 30, 2021.
The unaudited pro forma combined statements of operations and comprehensive loss
for the six months ended June 30, 2021 and for the year ended December 31, 2020
combine the historical consolidated statements of operations and comprehensive
income (loss) of Aixin Life International, Inc., Shangyan Co and Pharmacy Co,
and have been prepared as if the Transactions had closed on January 1, 2020,
respectively. The unaudited pro forma condensed combined financial statements
have also been adjusted to give effect to pro forma events that are directly
attributable to the Transactions, factually supportable and expected to have a
continuing impact on the combined results.
(c) Exhibits:
Exhibit No. Description
23.1 Consent of KCCW Accountancy Corp., independent registered public
accounting firm
23.2 Consent of KCCW Accountancy Corp., independent registered public
accounting firm
99.1 Audited Financial Statements of Aixin Shangyan Hotel Management
Co., Ltd. as of and for the years ended December 31, 2020 and 2019.
(Incorporated by reference to Report on Form 8-K/A filed August 16,
2021).
99.2 Unaudited Combined Financial Statements of Chengdu Aixin Shangyan
Hotel Management Co., Ltd. as of June 30, 2021, and for the three
and six months ended June 30, 2021.
99.3 Audited Financial Statements of Chengdu Aixintang Pharmacy Co.
Ltd. as of and for the years ended December 31, 2020 and 2019.
(Incorporated by reference to Report on Form 8-K/A filed August 17,
2021).
99.4 Unaudited Combined Financial Statements of Chengdu Aixintang
Pharmacy Co., Ltd. as of June 30, 2021, and for the three and six
months ended June 30, 2021.
99.5 Unaudited Pro Forma Combined Financial Statements as of June 30,
2021, and for the six months ended June 30, 2021.
104 Cover Page Interactive Data File (embedded within the Inline XBRL
document)
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