On January 5, 2021, Ecomat Inc. (the “Company”) entered into a Stock Purchase Agreement (the “SPA”) with Clark Orient (BVI) Limited, (the “Purchaser”) and certain selling stockholders as described in the SPA (the “Sellers”), pursuant to which the Purchaser acquired 20,205,000 shares of common stock of the Company (the “Shares”) from Sellers for an aggregate purchase price of $320,000. Upon the Closing, Mr. Ivo Heiden, the sole director, and Chairman of the Board of Director of the Company (the “Board”), resigned from all his positions with the Company and the resignation became effective on January 6, 2021. Simultaneously with the Closing, Ms. Yang Gui was appointed as Chairwoman of the Board. Ms. Yang Gui has extensive experience in the financial industry. From 2013 to the present, Ms. Gui serves as CEO & Co-Founder of E C Advisors. From 2010 to 2013, she served as Vice President of Algorithm Sales at Bank of America Merrill Lynch, New York. From 2005 to 2010, she served as Assistant Vice President and later Vice President of Algorithm Sales & Trading at Investment Technology Group (ITG) in New York.