Item 5.02 Departure of Directors or Principal
Officers; Election of Directors; Appointment of Principal Officers.
In connection with the closing
of the Reverse Takeover described above in Item 2.01 Mr. Wenhai Xia, our sole officer and director resigned from his positions as Chief
Executive Officer, Chief Financial Officer, Chief Operating Officer, and sole director, and appointed the following persons as Directors
and Executive Officers of the Company effective with his resignation.
The following table sets
forth certain information concerning our newly appointed directors and executive officers:
Name
|
|
Age
|
|
Position
|
|
|
|
|
|
Ms. Xiangyi Mao
|
|
55
|
|
Chief Executive Officer
|
|
|
|
|
|
Ms. Yuanyuan Zhang
|
|
40
|
|
Chief Financial Officer
|
|
|
|
|
|
Mr. Yanlu Li
|
|
59
|
|
Vice President
|
|
|
|
|
|
Mr. Richun Zhuang
|
|
57
|
|
Director
|
|
|
|
|
|
Ms. Chengyuan Li
|
|
34
|
|
Director
|
Ms. Xiangyi Mao, Chief
Executive Officer
Ms. Mao graduated from Dongbei
University with a major in Finance and Economics and earned a bachelor degree of Business Administration. In October 1984, Ms. Mao started
her career at Foreign Trade Division II of Heilongjiang Department of Foreign Trade and Economic Cooperation (Provincial Department of
Foreign Trade and Economic Cooperation) where she was responsible for the import and export trade with Russia. From May 1991-December
2000, she served as Deputy General Manager and Chief Executive Officer at Shenzhen Haitian Publishing House where she was responsible
for analyzing and summarizing the company’s administrative businesses. Ms. Mao was a Senior Manager at Amway (China) Co., Ltd from
December 2000 through July 2005 and Marketing Operation Director at Shenzhen Neptunus Pharmaceutical Group from April 2006 through January
2009.
In March 2009, Ms. Mao was
appointed as Board Chairman of Shenzhen Wugufeng Ecological Agriculture Technology Development Co., Ltd. It was the first company to introduce
Australian capital into agricultural projects, and the first company to establish a farmers’ cooperative, with 24 agricultural demonstration
and cooperation bases in the whole country, and advocating the characteristic philosophy from farm to table directly; setting up 507 Wugufeng
organic food stores; the productive value in three years reached RMB 70 million yuan.
From May 2012 through September
2015, Ms. Mao served as a Chief Executive Officer of Xinkeqi E-Commerce Co., Ltd. where she managed the operation of the entire company
and formulated the annual work plans of the subsidiaries and affiliated departments in six major districts in the PRC.
Ms. Mao was a Vice President
at Shanghai Chicmax Group Kans Cosmetics Co., Ltd. from September 2015-July 2019 where she was responsible for managing the group’s
development direction, reviewing the development strategy and providing opinions.
Ms. Mao established Nanao
(Shanghai) Health Management Co., Ltd. and acted as Board Chairman in October 2019. Since November 2020, Ms. Mao joined King Eagle (Tianjin)
as Chief Executive Officer and was appointed as the Chief Executive Officer of KP International in April 2021.
Ms. Yuanyuan Zhang, Chief
Financial Officer
Ms. Zhang attended at Beijing
College of Science and Technology and earned a bachelor’s degree in international finance in 2005. Ms. Zhang developed her career
as a sales specialist at Fenghua Haojing Real Estate where she achieved sales of approximately RMB 120 million during her tenure from
September 2005 through December 2006. She then became a Sales Manager at Tianan Tiandi Real Estate Development Co., Ltd from January 2007
through March 2012. Ms. Zhang was appointed as a Marketing Director at Tongbang Real Estate Brokerage Co., Ltd for two years from April
2012 and General Manager at One Central Apartment project of Sunac Real Estate Company from May 2014 through August 2015. Thereafter,
she was a General Manager at Beijing Jinfeng Venture Real Estate Brokerage and an Assistant to Secretary General at China Association
of Real Estate Investment & Financing.
In October 2017, Ms. Zhang established her
own business, “Fre Flo Bread & 16”. Since July 2020, she became our Executive Deputy General Manager of King Eagle (China)
and was appointed as our Chief Financial Officer of KP International in April 2021.
Mr. Yanlu Li, Vice President
Mr. Li attended at Heilongjiang
Machinery Manufacturing School and studied mechanical processing in 1981. He started his career as a mechanics in Heilongjiang Kiamusze
Light Industry Machinery Plant. He then furthered his studies in mechanical engineering at Kiamusze Institute of Technology from September
1983 through July 1987 and earned a Bachelor degree in July 1987.
After his graduation from
Kiamusze Institute of Technology, Mr. Li became an Assistant Engineer at Kiamusze Light Industry Machinery Plant from August 1987 through
December 1990. In January 1991, he enhanced his career as a General Manager at Kiamusze Ceramics Store and became a Legal Representative/General
Manager of Kiamusze Ceramic Refractory Material Distribution Office in June 1992 until December 1999.
In January 2000, Mr. Li joined
Amway (China) Co., Ltd as a distributor. From June 2010 through July 2013, Mr. Li served as a Legal Representative and General Manager
at Beijing Dongze Education Technology Co., Ltd. From August 2013 through April 2018, Mr. Li served as a distributor of Shaklee (China)
Co., Ltd. In May 2018, Mr. Li joined Lehua Tongrentang (Tianjin) Sales Company as a General Manager. In June 2020, Mr. Li joined King
Eagle (China) as Vice President and then appointed as Vice President of KP International in April 2021.
Mr. Richun Zhuang, Director
Mr. Richun Zhuang obtained a bachelor degree in
Political Studies from Heilongjiang Province National College in 1983. He started his career as a secretary at Heilongjiang Province Wangkui
County Public Transport Bureau until 1989. Then he was promoted to the Deputy General of Heilongjiang Province Wangkui County Transport
Management Station in 1989. He then transferred to Heilongjiang Daqing Long-distance Bus Station as Chief Dispatcher in 1991. In 2008,
Mr. Zhuang was appointed as Vice President, Marketing of Wuxi Kangjiafu Technology Co., Ltd. He joined Beijing Luji Culture Media Co.,
Ltd as Chief Executive Officer in 2017. In June 2020, he joined King Eagle (China) as General Consultant focusing on enterprise operation
and strategic planning. On May 14, 2021, Mr. Zhuang was appointed as our Director of KP International.
Ms. Chengyuan Li, Director
Ms. Li earned an Associate
Degree in Computer Information System at Beihua University in 2006 and Bachelor Degree in Finance at Harbin Institute of Finance in 2020.
Ms. Li established her trading business in health care supplies through Wangkuihua Trading Company from September 2006 through September
2015. In September 2015, she joined Wangkui Daren Pharmaceuticals Co. Ltd as Quality Control Coordinator. In June 2020, she joined King
Eagle (China) as Business Consultant and was appointed as our Director of KP International in April 2021.
Our directors hold
their positions until the next annual meeting of shareholders and until her successor is elected and qualified by our shareholders, or
until earlier death, retirement, resignation or removal.
Employment Agreements
We have entered into employment
agreements with our Chief Executive Officer, Chief Financial Officer and Vice President.