Houmu Holdings Ltd (HOMU)

[marcis]

Nice find by Stevo42 on ST:

So about that company "Qiao Capital Holding Group Ltd." @lac77 found a couple of days ago. I reached out to chinacheckup.com/ again to find out more about both Houmu's parent company "Qiaoshi Holding Group", and also to confirm whether "Qiao Capital Holding" in HK are the same.

(Original thread: stocktwits.com/lac77/messag... )

This new company's registered address is in HK, and also has a "founding member", something called "Qiao Holding Group Co., Ltd.", with an address in the Cayman Islands. This is typical of Chinese companies wanting to go public in the US. Listing on a foreign exchange is not allowed by the Chinese authorities, but companies get around this using something called a VIE, a Variable Interest Entity.

Now, the boss of Houmu's daddy company, "Shenzhen Qiaoshi Holding Group Co., Ltd.", is this guy Qiao Shouhui. And guess who's the Qiao in charge of the new Cayman company?

This new company’s Cayman Island address was registered just 08/12/21
https://stocktwits.com/steveo42/message/375830308

And along with Dec 2020 post

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=160377417