The board of Rouge Mountain Mining Group Corp., a wholly owned subsidiary of YaSheng Group (OTCPK:HERB) resolved to spin-off Equity Art Corp Ltd. (EAC) on April 30, 2021. Pursuant to the terms of the transaction, Rouge Mountain Mining Group Corp., will spin-off 100% of EAC pro rata, which equates to 157.2 million shares of Equity Art Corp Ltd., common stock to its parent's (YaSheng's) shareholders as a dividend, based upon their holdings of HERB common stock on the record date. Shareholders will receive one share of EAC common stock for every one share of YaSheng Group common stock that they hold on the record date, which is May 15, 2021.

The dividend will be payable on or around May 21, 2021. On August 26, 2021, the Board of Directors of Rouge Mountain Mining Group Corp (Rouge) resolved to spin-off of its wholly owned subsidiary, Equity Art Corp Ltd. As on August 27, 2021, The record date is September 15, 2021 and the dividend will be payable on or around September 28, 2021, subject to publication by FINRA of this event. On April 1, 2022 , the Board of Directors of YaSheng Group resolved to pay and will pay a dividend of its preferred shares to its shareholders pro rata so that each shareholder will receive 1 preferred shares for every 10 common shares held on the record date of May 15 2022 .

Payment will made on May 31, 2022 . The declaration date is April 15 2022 . The spinoff of Equity Art Corp Ltd has been postponed until further notice.