Item 5.01 Changes in Control of Registrant.
On March 10, 2021, Chunxia Jiang, the previous sole officer and director and
majority shareholder of MS Young Adventure Enterprise, Inc. (the "Company"),
entered into a stock purchase agreements for the sale of 6,000,000 shares of
Common Stock of the Company, representing approximately 89% of the issued and
outstanding shares of Common Stock of the Company as of such date, to Pearl
Digital International Limited, an accredited investor, and as such it is able to
unilaterally control the election of our board of directors, all matters upon
which shareholder approval is required and, ultimately, the direction of our
Company.
Upon the resignation of Ms. Jiang from all executive officer positions with the
Company, including Chief Executive Officer and President, and as a member of the
Board, on March 10, 2021, Mr. Fu Yong Nan was appointed as Chief Executive
Officer, Chief Financial Officer, Secretary and sole Director.
Item 5.02 Departure of Directors or Principal Officers; Election of Directors;
Appointment of Principal Officers.
The disclosures set forth in Item 5.01 above are incorporated by reference into
this Item 5.02(a).
The business background descriptions of the newly appointed officer and director
is as follows:
Fu Yong Nan - Chief Executive Officer and Director
Fu Yong Nan has been the Senior Vice-President - Finance of Guangxi Sanhuan
Enterprise Group Holding Co., Ltd. since June 2013. Mr. Fu earned a Bachelor of
Science in Financial Management from Guangxi University of Science and
Technology in 1990, and a Master's Degree in Banking and Finance from Guangxi
University in 1993.
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