Shu Feng Lu, Hong Xia Li and Chen Yang acquired Karnet Capital Corp. from existing shareholders for $0.28 million on January 14, 2016. Shu Feng Lu acquired 6.7 million restricted shares for $0.24 million, Hong Xia Li acquired 0.7 million shares for $0.02 million and Chen Yang acquired 0.7 million shares for $0.02 million. Shu Feng Lu, Hong Xia Li and Chen Yang used personal funds to pay the consideration. After the transaction, Shu Feng Lu, Hong Xia Li and Chen Yang own 82.72%, 8.64% and 8.64% stake respectively.

Shu Feng Lu, Hong Xia Li and Chen Yang completed the acquisition of Karnet Capital Corp. from existing shareholders on January 14, 2016.