On April 29, 2020, Shentang International, Inc. entered into and closed the transaction contemplated by a stock purchase agreement between the Company, Plentiful Limited, a Samoan company, and Custodian Ventures, LLC, a Wyoming limited liability company (the "Principal") controlled by David Lazar, an individual, the controlling shareholder of the Company. In connection with the closing of the stock purchase transaction, on April 29, 2020, David Lazar, the sole director of the Company, submitted his resignation letter, pursuant to which he resigned from all offices of the Company that he held effective as of the closing of the stock purchase transaction and from the board of directors effective ten days following the filing of Schedule 14f-1 with the U.S. Securities and Exchange Commission. The resignation of Mr. Lazar was not in connection with any known disagreement with the Company on any matter. Upon the closing of the stock purchase transaction, on April 29, 2020, Lei Xu was appointed as a director of the Company and for the offices previously held by Mr. Lazar, effective as of the closing of the stock purchase transaction. Ms. Xu has been a director of Plentiful Limited since October 2018.