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Tuesday, January 19, 2021 1:45:07 PM
(a) This statement is filed by Clark Orient (BVI) Limited (“Clark Orient”), a corporation incorporated in the British Virgin Islands, and Mr. Kai Shing Fong (collectively, the “Reporting Persons”). Clark Orient is the holder of record of approximately 85% of the Issuer’s outstanding Common Stocks based on the number of Common Stocks outstanding as of November 5, 2020, as reported in the Form 10-Q for the quarterly period ended September 30, 2020 of the Issuer. Mr. Fong is the sole director of Clark Orient. Fong Ding Holdings Limited, a corporation incorporated in the British Virgin Islands, is the sole shareholder of Clark Orient (BVI) Limited. Mr. Fong is the sole director and sole officer of Fong Ding Holdings Limited.
(b) The address of the principal business and principal office of Clark Orient is Room 2906, 29/F, China Online Centre, 333 Lockhart Road, Wanchai, Hong Kong. The address the principal business and principal office of Fong Ding Holdings Limited, is Start Chambers, Wickham’s Cay II, P.O. Box 2221, Road Town, Tortola, BVI. The residential address of Mr. Fong is Flat B, 1/F BLK 7, Aqua Blue, 28 Tsing Fat St, Tuen Mun, NT, HK.
(c) The principal business of Clark Orient is to act as an investment holding company. Mr. Fong is the sole director and ultimate shareholder of Clark Orient. Mr. Fong is also the president of Fong Ding Holdings Limited.
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(f) Mr. Kai Shing Fong is a citizen of Hong Kong Special Administrative Region, P.R.C.
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(b) Clark Orient is the direct beneficial owner of 20,205,000 Common Stocks. Mr. Kai Shing Fong, by virtue of being the sole shareholder of Fong Ding Holdings Limited, which is the sole shareholder of Clark Orient, may be deemed to possess indirect beneficial ownership of 20,205,000 Common Stocks. As such, Mr. Kai Shing Fong has indirect, sole voting power and indirect, sole dispositive power with respect to the 20,205,000 Common Stocks.
https://www.sec.gov/Archives/edgar/data/1008653/000149315221001279/sc13d.htm
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