Kang Min Global Holdings Limited acquired 85.8% stake in ABV Consulting, Inc. (OTCPK:ABVN) from Ping Zhang for $0.04 million on June 24, 2020. As reported, Ping Zhang transferred 4.75 million ABV Consulting shares. Under the agreement, Kang Min Global Holdings agreed to pay the outstanding debts of ABV Consulting, Inc. of $39,200, in consideration of the exchange of the shares. The payments will be in cash from Kang Min Global Holdings. In the future, a representative of Kang Min Global Holdings may, but is not required to nominate one or more Directors of ABV Consulting. Kang Min Global Holdings Limited completed the acquisition of 85.8% stake in ABV Consulting, Inc. (OTCPK:ABVN) from Ping Zhang on June 24, 2020.