The following discussion contains forward-looking statements. Forward-looking statements give our current expectations or forecasts of future events. You can identify these statements by the fact that they do not relate strictly to historical or current facts. They use of words such as "anticipate", "estimate", "expect", "project", "intend", "plan", "believe", and other words and terms of similar meaning in connection with any discussion of future operating or financial performance. From time to time, we also may provide forward-looking statements in other materials we release to the public.

Recent Developments.

On July 21, 2017, the entire board of directors resigned, as directors and officers, after appointing the following directors and officers: Miaohong Hanson, director and chief executive officer; John C. Hanson, director and vice president, finance; Donghai Shi, director and executive vice president; Ronaldo Panida, director; Lili Fan, Secretary; and Ting Wang executive assistant. John Hanson, subsequently, resigned from all positions as of May 1, 2019.

Results of Operations during the year ended July 31, 2020 as compared to the year ended July 31, 2019



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We have not generated any revenues during the years ended July 31, 2020 and 2019. We have operating expenses related to general and administrative expenses being a public company and interest expenses. We recorded $50.00 of administrative costs, paid for by a related party, during the one month ended July 31, 2019 and net losses of $14,097 and $20,092 for the years ended July 31, 2020 and 2019.

Liquidity and Capital Resources

On July 31, 2020 and July 31, 2019 we had $3,000 cash on hand and had a current liability payable to a related party of $54,176 and $40,079 respectively.

During the year ended July 31, 2020 a related party paid $14,097 to third party vendors and $20,092 for the year ended July 31, 2019, plus $50 for the one month ended July 31, 2019, for the cost of administering the public company. We had a negative cash flow from operations of $14,097 and $20,092 during the years ended June 30, 2020 and 2019, respectively. We financed our negative cash flow from operations during the year ended July 31, 2020 and 2019 through advances of $14,097 and $20,092 made by the related party, who paid vendors directly.

The Company currently plans to satisfy its cash requirements for the next 12 months through borrowings from its majority shareholders or a related party and believes it can satisfy its cash requirements so long as it is able to obtain financing from its controlling shareholders. The Company expects that money borrowed will be used during the next 12 months to satisfy the Company's operating costs, professional fees and for general corporate purposes.

The Company has only limited capital. Additional financing is necessary for the Company to continue as a going concern. Our independent auditor has issued a qualified audit opinion for the years ended July 31, 2020 and 2019, with an explanatory paragraph on going concern.

Off-Balance Sheet Arrangements

As of July 31, 2020 and 2019, we did not have any off-balance sheet arrangements as defined in Item 303(a) (4) (ii) of Regulation S-K promulgated under the Securities Act of 1934.

Contractual Obligations and Commitments

As of July 31, 2020 and 2019, we did not have any contractual obligations.

Critical Accounting Policies

Our significant accounting policies are described in the notes to our financial statements for the years ended July 31, 2020 and 2019, and are included elsewhere in this registration statement.

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