Lixue Yang entered into a stock purchase agreement to acquire a 77% stake in Azar International Corp. (OTCPK:AZIC) from Hilario Lopez Vargas for $0.35 million on July 8, 2022. Lixue Yang acquired 3,000,000 shares of common stock of Azar International Corp. The source of the cash consideration for the Shares was personal funds of Lixue Yang. In connection with the transaction, Hilario Lopez Vargas released Azar International Corp. from all debts owed to him. Hilario Lopez Vargas, serving as a director and an officer, ceased to be Azar's Chief Executive Officer, Chief Financial Officer, President, Treasurer, Secretary and a Director. At the effective date of the transfer, Yang, Lixue consented to act as the new Chief Executive Officer, Chief Financial Officer, President, Treasurer, Secretary and a Director of the Company.

Lixue Yang completed the acquisition of a 77% stake in Azar International Corp. (OTCPK:AZIC) from Hilario Lopez Vargas on July 8, 2022.