Gold Shiny International Limited signed an agreement to acquire Fovea Jewelry Holdings, Ltd. (OTCPK:FJHL) in a reverse merger transaction for $0.1 million on March 20, 2020. Under the transaction, Fovea Jewelry Holdings, Ltd. issued 10 million shares its common stock to the shareholders of Gold Shiny International Limited. Upon consummation of the share exchange, the shareholders of Gold Shiny International Limited held approximately 99% of the issued and outstanding shares of common stock of the resulting issuer. Gold Shiny International Limited will comprise the ongoing operations of the combined entity. The transaction is subject to all necessary approvals under federal and state securities laws and other authorizations relating to the issuance of the acquisition shares and the transfer of the shares having been received, Fovea Jewelry having obtained an opinion stating that the terms of the exchange are fair, just and equitable to Fovea Jewelry and its shareholders, Fovea Jewelry having received a written resignation from each of the directors and officers of Gold Shiny International Limited effective as of the closing, shares of Fovea Jewelry being eligible for quotation on any tier of the OTCMarkets Group, Inc. and other conditions. The transaction is expected to be completed on or before March 31, 2020. Gold Shiny International Limited completed the acquisition of Fovea Jewelry Holdings, Ltd. (OTCPK:FJHL) in a reverse merger transaction on March 20, 2020.