Item 5.01 Changes in Control of Registrant.
Pursuant to a Stock Purchase Agreement (the "Agreement"), entered into as of
January 21, 2020 by and between Weining Zheng (the "Purchaser") and Marat
Asylbekov (the "Seller"), a controlling stockholder as well as President,
Treasurer, Secretary and the sole director of Exent Corp., a Nevada corporation
(the "Company"), the Seller sold 1,500,000 shares of common stock, par value
$0.001 per share, of the Company, to the Purchaser in consideration for an
aggregate purchase price of $325,000 in cash (the "Transaction"). Following
consummation of the Transaction, the Purchaser holds approximately 74% of the
issued and outstanding shares of common stock of the Company. The Transaction
resulted in a change in control of the Company from the Seller to the Purchaser.
Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
In connection with the Transaction, Marat Asylbekov, the sole officer and
director of the Company, resigned from all of his officer positions with the
Company, including President, Treasurer and Secretary, effective immediately
upon the consummation of the Transaction but will remain a director of the
Company, until ten (10) days following the date on which the Company files a
Schedule 14F-1 with the SEC and mails the same to the holders of record of the
Company, in connection with the Transaction.
Effective immediately upon the consummation of the Transaction, Li Deng was
appointed as a director and Chairwoman of the Board of the Company. She was also
appointed as the President, Treasurer and Secretary of the Company. Ms. Deng,
34, has served as the executive director at Shenzhen Jinguowei Electronic
Communication Co., Ltd., a company engaged in manufacture, branding and sales of
mobile phones, since May 2015. Prior to that, she was assistant to the general
manager and business planning manager at Shenzhen Liandian Art Engineering Co.,
Ltd., a design company, from April 2007 to March 2015. She received her
associate degree in commerce English from Hunan Normal University in China and
is pursuing a bachelor's degree in human resources in South China Normal
University.
Ms. Deng is currently not compensated for serving in any of her positions as an
officer or director of the Company. There is no family relationship between any
of our directors or executive officers. There have been no transactions
regarding Ms. Deng that are required to be disclosed pursuant to Item 404(a) of
Regulation S-K.
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