On March 31, 2020, a change of control occurred with respect to Clancy Corp. Pursuant to a Stock Purchase Agreement entered into by and among the Clancy Corp., Gaoyang Liu, and Xiangying Meng, Seller assigned, transferred and conveyed to Buyer 60,000,000 shares of common stock of Company, which represents 64.4% of the total issued and outstanding shares of the Company, for the sum of $285,000. In addition, Seller assigned his rights and interest to outstanding loans made by Seller to the Company in the amount of $55,609 for the face value of such loans.

In connection with the transaction, Mr. Liu, the then sole officer and director of the Clancy Corp. resigned in all officer and director capacities from the Company and Mr. Meng was appointed Chief Executive Officer and Chief Financial Officer of the Company. In addition, Mr. Meng was appointed the sole director of the Company.

Xiangying Meng. From December 2015 to April 2018, Mr. Meng has worked as executive director of Beijing Chengdun Chengxun Information Technology Co. Ltd. From March 2018 to December 2019, he was the Chief Executive Officer and a member of the board of directors of Beijing Chengdun Qixin Technology Co.

Ltd. From April 2019 to present, he has been the Chief Executive Officer of Beijing Chengdun Kaibo Network Technology Co. Ltd. Mr. Meng has more than ten years of experience in corporate management and more than fifteen years of experience in the IT industry. He is familiar with the status and development trends of the IT market.