Change in Ownership Directly from the 10-Q posted 02/21/2018 - "We currently are a shell company with no operations. Upon execution of the SPA, the Company experienced a change of control in June 2015, when our operating asset, EZ Recycling, Inc. was removed and as a result we reverted to shell company status.
On January 29, 2018, pursuant to a stock purchase agreement (the “Agreement”), the Company majority shareholder, Jose R. Mayorquin sold 57,000,000 shares of common stock of the Company to Xiamen Lutong International Travel Agency Co., Ltd. (“Xiamen Lutong”). Xiamen Lutong subsequently transferred the 98% ownership to Longhai Yougoubao Network Technology Co. Ltd. (“Longhai”). Xiamen and Longhai are companies commonly controlled by the Company’s new director, Qiyi Zheng. After the transaction, Longhai holds 98% of the voting securities of the Company, based on 58,167,600 shares outstanding as of the date hereof. The transaction has resulted in a change in control of the Company and Longhai became a majority shareholder and related party of the Company (2018 Change of Control”). In connection with the 2018 Change of Control, Allied, the company controlled by Jose R. Mayorquin, assigned its promissory note with the principal amount of $256,132.39 issued by the Company to Longhai."
Inside Ownership: Longhai Yougoubao Network Technology Co. Ltd. - New Director
Mr. Qiyi Zheng - 57,000,000 (see filings dated 02/08/2018) Tradeable Float:
829,600 freely tradeable Shares - see this link for updated share structure https://www.otcmarkets.com/stock/HNET/security Management (Directly from the filing dated 02/02/2018): "
Zhenhui Huang was appointed as the President, Chief Executive Officer, Chief Financial Officer, Treasurer and Secretary of the Company, effective immediately upon the consummation of the Transaction. Mr. Huang, 39, has been serving as a director of Xiamen Lutong International Travel Agency Co., Ltd. since January 2014. From January 2009 to January 2014, he was the general manager of Zhangzhou Baihui Business Service Co., Ltd., an online e-commerce company. Mr. Huang obtained his junior college diploma in medicine from Chinese People's Liberation Army Fuzhou Medical College. Mr. Huang will serve as the Company’s officer for a term of three years.
In addition, Qiyi Zheng was appointed as a director and Chairman of the Board of the Company, effective upon consummation of the Transaction and until the next annual meeting of shareholders of the Company or until his resignation or sooner removal and otherwise until his successor is elected and qualified. Mr. Zheng, 36, has been serving as Chairman of Xiamen Lutong International Travel Agency Co., Ltd. since January 2014. Prior to that, he was the Chairman of Shenzhen Junfu Travel Agency Co., Ltd. from January 2010 to January 2014. Mr. Zheng obtained his junior college diploma in electronics from Fujian Nan’an Practical Art Secondary Vocational School.
Neither Mr. Huang nor Mr. Zheng is currently compensated for serving in any of his positions as an officer or director of the Company. There is no family relationship between any of our directors or executive officers. There have been no transactions regarding Mr. Zheng or Mr. Huang that are required to be disclosed pursuant to Item 404(a) of Regulation S-K." About Primechain Technologies: http://www.primechaintech.com/
About Xiamen Lutong International Travel Agency Co., Ltd.: