Wenjin Li acquired 95.2% stake in Ghar Inc. (OTCPK:GHAR) from Custodian Ventures LLC for $0.23 million on June 30, 2020. Wenjin Li acquired 29.5 million shares of common stock of Ghar from Custodian Ventures and the source of the cash consideration for the shares was personal funds of Wenjin Li. In connection with the transaction, Custodian Ventures LLC released the Company from all debts owed. On June 30, 2020, the Board of Directors and majority shareholder of the Company approved a name change of the Company from GHAR Inc. to FHT Future Technology Ltd. effective July 1, 2020. Upon the change of control of the Ghar and the execution of the resignation by David Lazar, which occurred on June 30, 2020, the existing director and officer tendered his resignation. Accordingly, David Lazar, serving as the sole director and as the only officer, will cease to be the Ghar’s President, Chief Executive Officer, Treasurer, Secretary and Director. Also on June 30, 2020, Wenjin Li consented to act as the new President, Chief Executive Officer, Chief Financial Officer, Treasurer, Secretary and sole director of the Board of Directors of the Ghar. Wenjin Li completed the acquisition of 95.2% stake in Ghar Inc. (OTCPK:GHAR) from Custodian Ventures LLC on June 30, 2020.