Item 2.01 Completion of Acquisition or Disposition of Assets

On September 28, 2022, the Company and its wholly-owned subsidiary, Hangzhou Longwen Enterprise Management Co. Ltd, ("Hangzhou Longwen", or the "Buyer") closed an Asset Purchase and Sale Agreement (the "Agreement") with Huiling Ye, an individual (the "Seller") for the purchase of an office from the Seller, pursuant to the Agreement dated on September 26, 2022. The office is 1,274.99 sq. ft and is located at Rm 2018, Huanyuan Tian'ebao, No.539 Xixi Road, Xihu District, Hangzhou City, Zhejiang Province, China. The purchase price is 2,651,780 shares of the common stock of the Company, valued at USD $0.10 per share or total amount of USD $265,178. Payment will be made by delivering a stock certificate in the amount of 2,651,780 shares of the Company's common shares to the Seller.

The foregoing description of the Agreement does not purport to be complete and is qualified in its entirety by reference to the complete text of the document, which is filed as an exhibit to this report and is incorporated herein by reference.





(d) Exhibits



Exhibit No.   Description
  10.1          Asset Purchase and Sale Agreement between the Company, Hangzhou
              Longwen and Huiling Ye dated September 26, 2022.

© Edgar Online, source Glimpses