Asia Equity Exchange Group CO., Ltd. agreed to acquire Asia Equity Exchange Group, Inc. (OTCBB:AEEX) in a reverse merger transaction on November 30, 2015. Under the terms of the transaction, 1 billion shares of Asia Equity Exchange Group, Inc. will be issued. The issuance of shares shall occur on or before November, 30, 2016. All shares issued pursuant to the agreement will be held in escrow and deemed to be in the full control of Asia Equity Exchange Group, Inc. until the Closing. The closing of the transaction is subject to consummation of audit of Asia Equity Exchange Group CO., Ltd. and is expected to close on or before January 31, 2016. As reported on February 29, 2016, due to unavoidable delays in collecting all the relevant documents the parties were unable to close the acquisition by January 31, 2016. The parties have agreed to extend the closing date until March 31, 2016. No penalties to either party have been assessed. The closing date was extended until April 12, 2016. All the conditions were satisfied on April 12, 2016.

Asia Equity Exchange Group CO., Ltd. completed the acquisition of Asia Equity Exchange Group, Inc. (OTCBB:AEEX) in a reverse merger transaction on April 12, 2016.