The following management's discussion and analysis ("MD&A") should be read in conjunction with financial statements of JJY Holding Group for the three months ended March 31, 2022 and 2021, and the notes thereto.

Safe Harbor for Forward-Looking Statements

Certain statements included in this MD&A constitute forward-looking statements, including those identified by the expressions anticipate, believe, plan, estimate, expect, intend, and similar expressions to the extent they relate to JJY Holding Group or its management. These forward-looking statements are not facts, promises, or guarantees; rather, they reflect current expectations regarding future results or events. These forward-looking statements are subject to risks and uncertainties that could cause actual results, activities, performance, or events to differ materially from current expectations. These include risks related to revenue growth, operating results, industry, products, and litigation, as well as the matters discussed in JJY Holding Group's MD&A. Readers should not place undue reliance on any such forward-looking statements. JJY Holding Group disclaims any obligation to publicly update or to revise any such statements to reflect any change in the Company's expectations or in events, conditions, or circumstances on which any such statements may be based, or that may affect the likelihood that actual results will differ from those set forth in the forward-looking statements.





Overview

JJY Holding Group is a developmental stage company, incorporated under the laws of the State of Nevada on September 4, 2007. Our plan of business has not been implemented but will incorporate trading agricultural products, food processing, and be a supply chain for supermarkets. We have not started any operations as of the date of this filing.





Results of Operations

The following discussion of our financial condition and results of operations should be read in conjunction with our financial statements and the related notes included in this report.

Three Months Ended March 31, 2022 and 2021





Revenue

For the three ended March 31, 2022 and 2021, the Company had not generated any revenues.





Operating Expenses

Operating expenses for the three months ended March 31, 2022 were $34,517 compared to $0 for the three months ended March 31, 2021. Operating expenses increased in 2022 due to other professional fee and other general and administrative fees incurred for this period. As such for the three months ended March 31, 2022, professional fees were $32,200, an increase of $32,200, as compared to $0 for the three months ended of March 31, 2021. The increase is related to accounting and audit fees, consulting fees, corporate service fees, and SEC filing fees incurred being a public reporting company between the two periods.





Other Income and Expenses

For the three months ended March 31, 2022 and 2021, the Company did not have any other income or expenses.







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Net Income (Loss)

For the three months ended March 31, 2022, the Company had a net loss of $34,517 compared to the three months ended March 31, 2021 of a net loss of $0.

The net loss resulted from increase of operating expenses

Liquidity and Capital Resources

As of March 31, 2022, we had no cash and a working capital deficit of $78,585.





Operating Activities

Net cash used in operating activities increased $26,869, from $125 for the three months period ended March 31, 2021 to $26,994 for the three months period ended March 31, 2022. This increase was due to the increase of a $7,648 in accounts payable and accrued expenses and a $34,517 decrease in cash from earnings.





Investing Activities

No investing activities occurred during the nine months ended March 31, 2022 and 2021.





Financing Activities

During the three months ended March 31, 2022 and 2021, the Company received advances of $26,994 and $125 from a related party for working capital purposes.

Off-Balance Sheet Arrangements

There are no off-balance sheet arrangements with any party.





Critical Accounting Policies

Our discussion and analysis of results of operations and financial condition are based upon our condensed consolidated financial statements, which have been prepared in accordance with accounting principles generally accepted in the United States of America. The preparation of these condensed consolidated financial statements requires us to make estimates and judgments that affect the reported amounts of assets, liabilities, revenues and expenses, and related disclosure of contingent assets and liabilities. We evaluate our estimates on an ongoing basis, including those related to provisions for uncollectible accounts receivable, inventories, valuation of intangible assets and contingencies and litigation. We base our estimates on historical experience and on various other assumptions that are believed to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. Actual results may differ from these estimates under different assumptions or conditions.

The accounting policies that we follow are set forth in Note 2 to our financial statements as included in the SEC report filed. These accounting policies conform to accounting principles generally accepted in the United States and have been consistently applied in the preparation of the financial statements.

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