The following discussion should be read in conjunction with our financial statements, including the notes thereto, appearing elsewhere in this annual report. The following discussion contains forward-looking statements that reflect our plans, estimates and beliefs. Our actual results could differ materially from those discussed in the forward-looking statements. Our audited financial statements are stated in United States Dollars and are prepared in accordance with United States Generally Accepted Accounting Principles.

RESULTS OF OPERATIONS

We have incurred recurring losses to date. Our financial statements have been prepared assuming that we will continue as a going concern and, accordingly, do not include adjustments relating to the recoverability and realization of assets and classification of liabilities that might be necessary should we be unable to continue in operation.

We expect we will require additional capital to meet our long term operating requirements. We expect to raise additional capital through, among other things, the sale of equity or debt securities.





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Results of operations

Results of Operations for the years ended January 31, 2019 and 2018:

Revenue and cost of goods sold

For the year ended January 31, 2019, the Company generated total revenue of $27,080 from selling products to its customer. The cost of goods sold for the year ended January 31, 2019 was $2,714, which represents the cost of raw materials.

For the year ended January 31, 2018, the Company generated total revenue of $22,900 from selling products to its customer. The cost of goods sold for the year ended January 31, 2018 was $2,987, which represents the cost of raw materials.




Operating expenses

Total operating expenses for the year ended January 31, 2019 were $40,754. The operating expenses for the year ended January 31, 2019 included advertising expense of $4,051; bank charges of $1,122; website of $51; depreciation expense of $4,166; legal fees of $2,775; audit fees of $17,335; professional fees of $7,654; rent expense of $3,600.

Total operating expenses for the year ended January 31, 2018 were $25,651. The operating expenses for the year ended January 31, 2018 included advertising expense of $2,255; bank charges of $1,800; depreciation expense of $1,116; legal fees of $1,200; audit fees of $10,523; professional fees of $5,000; rent expense of $3,600; utilities of $157.




Net Loss

The net loss for the years ended January 31, 2019 and 2018 was $16,388 and $5,738 respectively.

LIQUIDITY AND CAPITAL RESOURCES

As at January 31, 2019, our total assets were $20,676. Total assets were comprised of $5,129 in current assets and $15,547 in fixed assets.

As at January 31, 2019, our current liabilities were $16,050 and Stockholders' equity was $4,626.

CASH FLOWS FROM OPERATING ACTIVITIES

For the year ended January 31, 2019 net cash flows used in operating activities was negative $4,781.

CASH FLOWS FROM INVESTING ACTIVITIES

For the year ended January 31, 2019 we have used no cash in investing activities.

CASH FLOWS FROM FINANCING ACTIVITIES

For the year ended January 31, 2019 we have generated $8,450 of cash flows by financing activities.

We cannot guarantee that we will manage to sell all the shares required. We will attempt to raise the necessary funds to proceed with all phases of our plan of operation.

As of the date of this report, the current funds available to the Company will not be sufficient to continue maintaining a reporting status. The Company's sole officer and director, Zhang Shufang, has concluded a verbal agreement with the Chee Corp. in order to fund completion of the registration process and to maintain the reporting status with SEC.

Our auditors have issued a "going concern" opinion, meaning that there is substantial doubt we can continue as an on-going business for the next twelve months unless we obtain additional capital. Our only sources for cash at this time are investments by others in this offering, selling our paper dung products and loans from our director. We must raise cash to implement our plan and stay in business.







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Management believes that current trends toward lower capital investment in start-up companies pose the most significant challenge to the Company's success over the next year and in future years. Additionally, the Company will have to meet all the financial disclosure and reporting requirements associated with being a publicly reporting company. The Company's management will have to spend additional time on policies and procedures to make sure it is compliant with various regulatory requirements, especially that of Section 404 of the Sarbanes-Oxley Act of 2002. This additional corporate governance time required of management could limit the amount of time management has to implement is business plan and impede the speed of its operations.

Limited operating history; need for additional capital

There is no historical financial information about us upon which to base an evaluation of our performance. We are in a start-up stage of operations and have generated limited revenues since inception. We cannot guarantee that we will be successful in our business operations. Our business is subject to risks inherent in the establishment of a new business enterprise, including limited capital resources and possible cost overruns due to price and cost increases in services and products.

Off-Balance Sheet Arrangements

The Company does not have any off balance sheet arrangements that have or are reasonably likely to have a current or future effect on the Company's financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources.

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