−Removed: currently maintain our principal executive offices at 13th Floor, Building B1, Wisdom Plaza, Qiaoxiang Road, Nanshan District,
−Removed: Shenzhen, Guangdong, China 518000, comprising an aggregate of 120 square meters, which expires on October 28, 2021, with a
−Removed: related party.
−Removed: Subsequently, the Company terminated the agreement on February 28, 2021 due to business strategy.
−Removed: The current monthly
−Removed: rent is RMB30,000 (approximately $4,349).
−Removed: maintain a retail store and warehouse for wine, comprising an aggregate of 1,200 square meters, in Dongguan City, Guangdong province,
−Removed: China under a lease, which expires on April 30, 2027, with a related party.
−Removed: The current monthly rent is RMB10,000 (approximately
−Removed: we maintain one office, seven wholesale stores and a warehouse for water and edible oil products of more
−Removed: than 1,300 square meters, in Dongguan City, Guangdong province, China under nine leases, which with third parties.
−Removed: The current total monthly rent is RMB39,000 (approximately $5,961).
−Removed: also maintain one registered office for the subsidiary with lease term of three years.
−Removed: of December 31, 2020, the Company has total twelve separate operating lease agreements for three office spaces, one warehouse
−Removed: and eight stores in PRC with remaining lease terms of from 21 months to 76 months.
−Removed: Legal Proceedings
−Removed: are not currently involved in any legal proceedings and we are not aware of any pending or potential legal actions.
−Removed: Mine Safety Disclosures
+Added: principal executive offices are located at B1601-1609
+Added: Oriental Impression Building 2, No.
+Added: 139 Liansheng Road, Humen Town, Dongguan, Guangdong, China 523900, with an aggregate leased
+Added: space of 599 square meters.
+Added: The current lease expires on May 6, 2026.
+Added: The current monthly rental is RMB28,932
+Added: (approximately $4,484).
+Added: wine and liquor product operations are based in Humen Town, Dongguan City.
+Added: We have three retail stores for wine and liquor products.
+Added: France Vin Tout leases a six-floor building with a total floor area of 1,200 square meters.
+Added: The wine retail store is located on the first
+Added: floor which we use exclusively as a retail store and for sample products display.
+Added: We use the remaining five floors as the Company’s
+Added: offices, conference room, and inventory storage spaces.
+Added: Fu La Tu and Fu Xin Gu each has a lease space for a retail store.
+Added: management offices for water and other products are also located in Humen Town, Dongguan City.
+Added: We lease a building which has over 1,300
+Added: square meters for use as Xixingdao’s office.
+Added: In addition to offices for Xixingdao’s sales, customer service, warehouse, delivery
+Added: and finance departments, the building also houses seven wholesales stores and a warehouse.
+Added: of December 31, 2021, the Company had a total of seventeen operating lease agreements for three office spaces, one warehouse and
+Added: thirteen retail stores in the PRC with remaining lease terms ranging from 12 months to 67 months.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.