On October 2, 2015, the Company repaid $50,000 of loan back to Perfecular Inc. As of the date these financial statements were issued, the total amount of loan to related party outstanding balance totaled $140,000.

On October 21, 2015 Xu Tang entered into a stock purchase agreement whereby he collectively sold 3,260,000 shares of the Company’s Common Stock to eight persons using private funds to purchase the shares. This represents 49.5% of the Company’s outstanding common stock and represents a material change in control of the Company’s ownership. Buyers included Shuqin Xu (who now owns 19.7% of the Company), Tianzeng Xu and Youjuan Xion (who now each own 7.5% of the Company) and five other unrelated persons.

On October 22, 2015, the Company repaid $100,000 of loan with any accrued interest back to Xu Tang, the shareholder of the Company.

The Company has evaluated all events that occurred after the balance sheet date through the date when the financial statements were issued to determine if they must be reported. The Management of the Company determined that other than as disclosed above, there were no reportable subsequent events to be disclosed.