Taihe Group, Inc. acquired HuaYin International Group Limited for approximately $200 million on January 31, 2023. As per the terms of the transaction, certain shareholders of Taihe Group, Inc (the “Company”) agreed and transferred 89.9 million shares of its common stock, par value $0.001 per share; and 10 million shares of its Series A preferred stock, par value $0.001 per share.

Taihe Group, Inc. completed the acquisition of HuaYin International Group Limited on January 31, 2023.