Item 5.01 Changes in Control of Registrant.
On June 6, 2023, Barry Sytner ("Mr Sytner"), the sole Director and Chief
Executive Officer of Yijia Group Corp. (the "Company"), entered into a
securities purchase agreement (the "Securities Purchase Agreement") with
Xianchang Ma ("Mr. Ma"), pursuant to which Mr. Sytner sold 5,066,250 shares of
common stock of the Company to Mr. Ma, constituting approximately 86.3% of the
issued and outstanding shares of the Company as of May 2, 2023, for a total
consideration of $470,562, derived from the purchaser's personal funds. The
Securities Purchase Agreement was closed on June 14, 2023. Following the
closing, Mr. Ma acquired a beneficial interest in 5,066,250 shares of common
stock of the Company constituting approximately 86.3% of the issued and
outstanding shares of the Company as of May 2, 2023 and constituting control of
the Company. Pursuant to the Securities Purchase Agreement, Mr. Sytner has
resigned from all his positions with the Company, and Mr. Ma has been appointed
as the Chief Executive Officer, President, Chief Financial Officer and Director
of the Company with effect from June 14, 2023. There are no other arrangements
required to be disclosed under Item 403(c) of Regulation S-K pursuant to the
Securities Purchase Agreement.
Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On June 14, 2023, the sole Director of the Company, Mr Sytner, resolved to step
down from his positions as Chief Executive Officer, President, Chief Financial
Officer and Director of the Company, and for Mr. Xianchang Ma to be appointed as
the Chief Executive Officer, President, Chief Financial Officer and Director of
the Company. There are no current or proposed transactions in which Mr.
Xianchang Ma has an interest that is required to be disclosed under Item 404(a)
of Regulation S-K promulgated by the Securities and Exchange Commission ("SEC").
Xianchang Ma, age 48, established a company named Jinan Tengiun Biological
Technology Co., Ltd in 2014. Mr. Ma is the Chief Executive Officer, Chief
Financial Officer and Director of Tengjun Biotechnology Corp. Over the years,
Mr. Ma has devoted himself to enterprise management and has abundant corporate
management experience. In 2015, he returned to the county of Jinxiang and
founded Kanglong. On November 22, 2011, he established the company named Jinan
Kanglong Environmental Protection Technology Co., Ltd. From 2009 to 2011, Mr. Ma
served as Marketing and Sales Director of Shijiazhuang Shikang Fuchang
Technology Co., Ltd. From 2007 to 2009, he was the sales clerk of Shenzhen
Rongge Company. From 1994 to 2007, Mr. Ma was self-employed.
The Board has not appointed Mr. Ma to any committees as of the date hereof. Save
as disclosed in Item 5.01, there are no arrangements or understandings between
Mr. Ma and any other person or persons pursuant to which he was selected as a
director of the Company.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
Exhibit
Number Description of Document
99.1 Securities Purchase Agreement dated June 6, 2023
104 Cover Page Interactive Data File formatted in inline XBRL
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YIJIA GROUP CORP. 
