On February 20, 2013, Lyons Liquors Inc. entered into a Stock Purchase Agreement with Shefali Vibhakar and Saverio Holdings Limited. The closing of the transactions contemplated by the agreement occurred and consummated on February 22, 2013. Prior to the closing, the sellers owned 10,000,000, or approximately 98.10%, of the issued and outstanding shares of common stock and Ms. Shefali Vibhakar served as the Chief Executive Officer, Chief Financial Officer and Director of the company.

In connection with the closing, Ms. Shefali Vibhakar resigned from the executive officer positions she held with the company, effective as of the closing, and the company appointed Yijun Hu as President, Chief Executive Officer and Chairman of the company. Yijun HU (Chairman), Ning LI and Xiaoxiao BAI have been appointed to its Board of Directors. The appointment of Yijun HU, Ning LI and Xiaoxiao BAI and the resignation of Shefali Vibhakar are effective on the date of the closing.

The company appointed Ning LI as its Chief Financial Officer and Xiaoxiao BAI as its Secretary, Qiang LIU and Linzhou WANG as its vice presidents. Mr. Yijun Hu, age 39, serves as its Chief Executive Officer and Chairman of the Board. Mr. Hu founded Heng Yi Holding Group in 2010 and served as chairman and CEO since then.

Ning Li, age 36, has been appointed as its Chief Financial Officer and Director of the Board. Since 2012 Ms. Li served as CFO of Heng Yi Holding Group. Qiang Liu, age 39, has been appointed as its Vice President.

From 1996 to 2008, Mr. Liu served as accountant, manager and vice branch president in Agricultural Bank of Huanghua City in Heibei. Since 2010, Mr. Liu served as vice president in Heng Yi Holding Group, assisting and supervising the establishment of the company's internal business processes. Xiaoxiao Bai, age 24, has been appointed as its Secretary and Director of the Board.

Since 2011, Ms. Bai worked in Heng Yi Holding Group as a financial manager and secretary to the chairman. Linzhou Wang, age 34, has been appointed as its Vice President. From 2010 until present, he works as operational director of Heng Yi Holding Group.