Guolin Tao, Chief Executive Officer of Entrepreneur Universe Bright Group entered into a Sale and Purchase agreement to acquire a 60.6% stake in Entrepreneur Universe Bright Group (OTCPK:EUBG) from MXD, LLC. on May 15, 2019. Under the transaction, Guolin Tao will acquire 1,030,916,276 shares of EUBG. In related transactions, MXD entered into certain Sale and Purchase Agreements, dated May 15, 2019, with New Finance Consultants Limited, Jia Wang, Jianyong Li, Haijun Jiang, Xuebin Wu and Fanfan Chen to sell 559,688,865 shares representing 32.9% stake in EUBG. Combined value of all the transactions is $0.135 million. The funds for the purchase of the Shares came from the private investment funds managed and owned by Guolin Tao. No borrowed funds were used to purchase the Shares. Guolin Tao, Chief Executive Officer of Entrepreneur Universe Bright Group completed the acquisition of a 60.6% stake in Entrepreneur Universe Bright Group (OTCPK:EUBG) from MXD, LLC. on May 15, 2019.