Fuhuiyuan Announces the Completion of the Acquisition of Fuhuiyuan International Group (Holdings) Limited
01 11월 2013 - 7:41AM
Fuhuiyuan International Holdings Limited of Nevada
("
Fuhuiyuan NV" or the
"
Corporation") (OTCBB:KWIT) is pleased to announce
that, further to its press release of August 22, 2013, it has
completed the acquisition of 100% of the issued and outstanding
securities of Fuhuiyuan International Group (Holdings) Limited
("
Fuhuiyuan BVI"), a British Virgin Islands
Corporation (the "
Acquisition") pursuant to a
Share Exchange Agreement entered into with Fuhuiyuan BVI and its
sole shareholder, YQ International Holdings Limited, on August 22,
2013. Pursuant to the Share Exchange Agreement, the Corporation
purchased 100% of the issued and outstanding securities of
Fuhuiyuan BVI in consideration of the issuance to YQ International
Holdings Limited an aggregate of 7,500,000 shares of common stock
of the Corporation.
Fuhuiyuan International is a newly formed trading company and it
has recently entered into an agency agreement with Qingdao
Fuhuiyuan Investment Co. Ltd. ("Qingdao Fuhuiyuan") in which
Qingdao Fuhuiyuan has appointed Fuhuiyuan International to act as
its international agent to sell Qingdao Fuhuiyuan's products,
including Yingcuicaoben cosmetics, Fuyuan jewelry, and Dancing
dresses, bags and shoes. Fuhuiyuan International will collect
payments made by overseas customers on behalf of Qingdao Fuhuiyuan
and will oversee all related activities and expenditures. In
addition, Fuhuiyuan International will handle all affairs relating
to overseas transportation, customs declaration, customs clearance
and payment of taxes.
Concurrent with and as a condition of closing of the Share
Exchange Agreement with Fuhuiyuan BVI and YQ International Holdings
Limited, Jinglan Dong and Bowen Dong have been appointed to the
Corporation's board of directors.
Jinglan Dong is an entrepreneur. Since 2007, Ms. Dong has served
as general manager of Qingdao Fuhuiyuan Investment Co. Ltd. Ms.
Dong is 27 years of age and holds a Bachelor's Degree in
International Finance from Shandong Normal University.
Bowen Dong is an entrepreneur. Mr. Dong served as a police
officer of the Qingdao Hong Kong Middle Road Police Department
during 2006 and 2007. Since 2007 he has served as the founding
chairman of Qingdao Fuhuiyuan Investment Co. Ltd. Mr. Dong is
29 years of age and holds a Bachelor's Degree in Business
Management from the Hubei University of
Police.
The Corporation's board of directors now consists of four
directors, Stolfin Wong, Eric Lo, Jinglan Dong and Bowen Dong.
Jinglan Dong and Bowen Dong are spouses. There are no other family
relationships among the Corporation's officer or
directors.
READER ADVISORY:
Certain statements contained in this release are forward-looking
statements and are based on future expectations, plans and
prospects for Fuhuiyuan NV's business and operations that involve a
number of risks and uncertainties. Fuhuiyuan NV's
forward-looking statements in this release are made as of the date
hereof, and the Corporation disclaims any duty to supplement,
update or revise such statements on a going-forward basis, whether
as a result of subsequent developments, changed expectations or
otherwise. In connection with the "safe harbor" provisions of
the U.S. Private Securities Litigation Reform Act of 1995 and the
"forward-looking information" provisions of National Instrument
51-102 of the Canadian Securities Administrators, the Corporation
is identifying certain forward-looking information. Actual events
or results may differ materially from those contained in these
forward-looking statements. Important factors that could cause
further events or results to vary from those addressed in the
forward-looking statement include, without limitation, risks and
uncertainties arising from the ability of Fuhuiyuan NV to
successfully exploit the rights acquired thereby; uncertainties
relating to the ability to realize the expected benefits of the
acquisition; unanticipated or unfavorable regulatory matters;
general economic conditions in the region and industry which
Fuhuiyuan NV and Fuhuiyuan BVI operate, and other risk factors as
discussed in the Corporation's other filings made by the
Corporation from time to time with the Securities and Exchange
Commission and the Alberta Securities Commission.
CONTACT: Fuhuiyuan International Holdings Limited
Stolfin Wong, President and CEO
Telephone: (780) 266 - 4188
Facsimile: (780) 756 - 1670
Wellness Matrix (CE) (USOTC:WMGR)
과거 데이터 주식 차트
부터 5월(5) 2024 으로 6월(6) 2024
Wellness Matrix (CE) (USOTC:WMGR)
과거 데이터 주식 차트
부터 6월(6) 2023 으로 6월(6) 2024