The following discussion and analysis of our results of operations and financial condition should be read together with our unaudited condensed financial statements and the notes thereto, which are included elsewhere in this report and our Annual Report on Form 10-K for the year ended December 31, 2019 (the "Annual Report") filed with SEC. Our financial statements have been prepared in accordance with U.S. GAAP. In addition, our financial statements and the financial information included in this report reflect our organizational transactions and have been prepared as if our current corporate structure had been in place throughout the relevant periods

Exent Crop. (the "Company," "we" or similar terminology) was incorporated in the state of Nevada on February 15, 2017. Our original business was manufacturing and selling steel drywall studs in the Kyrgyz market to wholesale customers. During the fiscal year of 2019, we sold machine for studs manufacturing as it was outdated. Production thereafter was temporarily on hold until new equipment was to be purchased.

On February 3, 2020, pursuant to a stock purchase agreement dated on January 21, 2020, an individual investor (Mr. Weining Zheng) purchased 1,500,000 shares of our common stock from our then majority shareholder, Marat Asylbekov, representing 74% of the voting securities of the Company (the "Change of Control").

Following the Change of Control, we changed our business plan to engage in smart-home business in the People's Republic of China.

We plan to conduct smart-home business in the People's Republic of China, with a focus on developing, promoting and executing high quality integrated smart-home systems and solutions. We are presently evaluating the optimal corporate and legal structures in China necessary to establish our business or to acquire and/or invest in existing smart home businesses. We aim to start the smart-home business in 2020 and the funds to financing the start-up of the new business or acquisition of and/or investment in existing smart home businesses will primarily come from our major shareholder.

However, our plan to operate in the smart home industry may be adversely impacted by the novel coronavirus epidemic, which was first reported to have surfaced in Wuhan, China, in December 2019, and is now continuing to spread throughout China and other parts of the world. Although China has made great efforts to contain the spread of the virus and has appeared to bring the outbreak under control, the economy, financial market and businesses in China have suffered from the pandemic. As a result of the epidemic and its socioeconomic impact in China, we may change our plan to do business in other industries in China should we determine that it is no longer in the best interest of our stockholders and the Company to proceed with our original plan.





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Results of Operations

There was no revenue generated for the three months ended March 31, 2020 and 2019.

During the three months ended March 31, 2020, we incurred operating expenses of $13,757 compared to $6,649 incurred during the same period of 2019. The increase in 2020 was due to the increase in professional fees after the Change of Control.

During the three months ended March 31, 2020, we had other expense of $4,623 relating to the write-off of the Company's property & equipment.

As a result of the foregoing, our net loss for the three months ended March 31, 2020 was $18,380 as compared to a net loss of $6,649 for the same period of 2019.

Liquidity and Capital Resources

As of March 31, 2020, our total assets were $7,200 compared to $7,380 in total assets at December 31, 2019. As of March 31, 2020, our total liabilities were $3,000 compared to $26,524 at December 31, 2019. Stockholders' equity was $4,200 as of March 31, 2020 compared to the shareholders' deficit of $19,144 as of December 31, 2019.

Cash Flows from Operating Activities

We have not generated positive cash flows from operating activities. For the three months ended March 31, 2020, net cash flows used in operating activities was $15,210. Net cash flows used in operating activities was $8,195 for the same period of 2019.

Cash Flows from Investing Activities

There were no investing activities for the three months ended March 31, 2020 and 2019, respectively.

Cash Flows from Financing Activities

We have financed our operations primarily from either advances from stockholders or financing through the sales of securities. For the three months ended March 31, 2020, we received capital contributions of $15,200 from our major shareholder for working capital uses. For the same period of 2019, we received loan proceeds of $5,394 from our then sole officer and director.





Plan of Operation and Funding

Our future capital requirements will depend on numerous factors including, but not limited to, the establishment and development of our new smart-home business opportunities in China. We expect to depend on financing from our majority shareholder to meet our current minimal operating expenses. As we are a start-up company, our operating expenses are limited and discretional based on the availability of its funds. Management believes that the financing from our majority shareholder will support our planned operations over the next 12 months.

We do not have lines of credit or other bank financing arrangements. In connection with our new business plan after the Change of Control, management anticipates operating expenses and capital expenditures relating to: (i) developmental expenses associated with a start-up business and (ii) marketing expenses will be funded primarily by debt or equity financings from our majority shareholder. However, there is no assurance that such funds will be available or available on acceptable terms. If adequate funds are not available or are not available on acceptable terms, we may not be able to take advantage of prospective new business endeavors or opportunities, which could significantly and materially restrict our business operations.





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Material Commitments

Since February 15, 2017 (inception) through December 31, 2019, our former sole officer and director loaned us $26,524 to pay for incorporation costs and operating expenses. As of December 31, 2019, the amount outstanding was $26,524. The loan was non-interest bearing, due upon demand and unsecured. In connection with the Change of Control in January 2020, the loan in the aggregate principal of $26,524 was forgiven by the former officer and director in full.

Off-Balance Sheet Arrangements

As of the date of this report, we do not have any off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on our financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources that are material to investors.

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