Living Cycle Holding Ltd. entered into an agreement to acquire WU BA Superior Products Holding Group Inc. (OTCPK:WBWB) in a reverse merger transaction for $23 million on September 30, 2019. Under the transaction, WU BA Superior Products Holding Group Inc. will issue 100 million of its shares to the shareholders of Living Cycle Holding Ltd. Pursuant to the transaction, WU BA Superior Products Holding Group Inc. will implement a 10-for-l reverse split resulting in an aggregate of 1.46 million common shares outstanding after the reverse split, in addition to the preferred shares that will be convertible, after the reverse split, into 1 million common shares. As of December 20, 2019, reverse stock split was effectuated. Upon closing, the Board of resulting issuer will consist of three members including Chen Yanhuan, majority shareholder of Living Cycle Holding Ltd. Chen Yanhuan will also be the President and Chief Executive Officer of the resulting issuer. The transaction is subject to shareholder approvals and all authorizations, approvals and permits required to be obtained from or made with any governmental authority and any third party having been obtained. The Boards of Directors and shareholders of WU BA Superior Products Holding Group Inc. and Living Cycle Holding Ltd. have approved the transaction. Mark Crone of Crone Law Group PC acted as legal advisor for WU BA Superior Products Holding Group Inc. and Living Cycle Holding Ltd. DeHeng Law Offices acted as legal advisor for Living Cycle Holding Ltd. Living Cycle Holding Ltd. completed the acquisition of WU BA Superior Products Holding Group Inc. (OTCPK:WBWB) in a reverse merger transaction on December 27, 2019.