On August 4, 2017, Artis Jansons resigned as Principal Executive Officer, Principal Financial Officer, Principal Accounting Officer, and sole Director of Paramount Supply Inc. On August 4, 2017, Tongqing Bao, 46, was appointed as Director, Principal Executive Officer, Principal Financial Officer, and Principal Accounting Officer. He stand for reelection at the next annual meeting of the shareholders. From 2012 through August 4, 2017, Mr. Bao has acted as the founder and president of Yikada Electronic Commerce Co.

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