As previously reported in a current report on Form 8-K filed on November 28, 2017, on November 27, 2017, Donggao International Group Shares Limited entered into an exchange agreement with Donggao International and holders of all outstanding capital stock of Donggao International. Pursuant to terms of the Exchange Agreement, the company will acquire 100% of the outstanding capital stock of Donggao International, and in exchange, the company agreed to issue to the then shareholders of Donggao International, including Mr. Yue Zhong, Zhongjian Overseas Investment Limited and Hongshan Holdings Investment Limited, an aggregate of 300,000,000 shares of the company's common stock. On September 24, 2018, the company completed the acquisition of Donggao International pursuant to the Exchange Agreement (the 'Reverse Merger').

Upon the closing of the reverse merger, as of September 24, 2018, Mr. Limei Jiang resigned from all offices of Donggao International Group Shares Limited that he held effective immediately. The resignation of Mr. Jiang is not in connection with any known disagreement with on any matter. Mr. Jiang continues to act as a director of the company.

On the same date, board of directors increased the size of the board from one to two. Ms. Lijuan Jiang was appointed as Chairman, director, Chief Executive Officer, President, Chief Financial Officer, Treasurer and Secretary.