Sino Green Land Corp. 10-K

ITEM 1. BUSINESS Corporate History The Company was incorporated under the laws of the State of Nevada on March 6, 2008, under the name of Henry County Plywood Corporation, as successor by merger to a Virginia corporation incorporated in May 1948 under the same name. On March 17, 2009, the Company changed its name from “Henry County Plywood Corporation” to “Sino Green Land Corporation”. During 2009 to 2011, the Company was principally engaged in the wholesale distribution of premium fruits in China . In 2011, the Company was delinquent in statutory filings, and the last annual report, Form 10-K for the year ended December 31, 2010, was filed to the SEC on March 31, 2011, and the last Form 10-Q for the period ended September 30, 2011, was filed to the SEC on November 14, 2011. On December 30, 2019, the Eighth District Court of Clark County, Nevada g ranted the Application for Appointment of Custodian, to Custodian Ventures LLC . Mr. David Lazar (“Mr. Lazar”), on behalf of the Custodian Ventures LLC , was awarded with custodianship and appointed as sole officer and director of the due to the Company’s ineffective board of directors, revocation of corporate charter, and abandonment of business. On January 7, 2020, Mr. Lazar announced the Court Order and the Change in Principle Officer through Form 8-K filing. The filing also mentioned the change of Company’s name from “Sino Green Land Corporation” to “Go Silver Toprich, Inc.”. On June 10, 2020, a settlement agreement was entered between the Company, Custodian Ventures, LLC, and Mr. Lazar. Pursuant to the agreement, Custodian Ventures LLC shall dismiss its custodianship, and the Company shall resume its business operations, and each party shall provide each other mutual release. In consideration of the release, the Company was required to pay Custodian Ventures LLC $15,000 towards its costs and expenses as the settlement to dismiss its custodianship with the Court. On July 2, 2020, the custodianship was discharged by the Court and Mr. Lazar resigned as sole officer and director of the Company. The former officer, Mr. Luo Xiong (“Mr. Luo”) was re-appointed as Chief Executive Officer and director of the Company. Since July 2, 2020, along with the resumption of the Company’s business operations, Ms. Wo Kuk Ching (“Ms. Wo”), spouse of Mr. Luo has served as President and director of the Company, Ms. Wong Ching Wing (“Elise”), daughter of Ms. Wo has served as Chief Financial Officer, Treasurer and director of the Company, and Ms. Wong Erin (“Erin”), another daughter of Ms. Wo has served as Secretary of the Company, respectively. On August 31, 2020, the Company changed its name from “Go Silver Toprich, Inc.” back to “Sino Green Land Corporation”. On December 2, 2021, Mr. Luo submitted his resignation as Chief Executive Officer and director of the Company to the board of directors effective December 31, 2021. Effective from December 31, 2021, Ms. Wo serves as Chief Executive Officer. Ms. Wo currently holds the positions of Chief Executive Officer, President, and director of the Company, respectively. 2 Business Overview Currently, the Company intends to look for various opportunities like asset acquisitions, business combination or mergers and acquisitions (M&A) for strategic growth. We plan to acquire or merge with private corporations doing businesses in recycling and, sales and distribution of reusable plastics. The goal of recycling plastics is to reduce high rates of plastic pollution while putting less pressure on virgin materials to produce brand new plastic products. This approach helps to conserve resources and diverts plastics from landfills or unintended destinations such as oceans. Our vision incorporates the spirit of social responsibility, not only on a local community basis but also on a global scale. The impact of social distancing requirements due to Coronavirus (“COVID-19”) has affected all industries not only plastic recycling industry. There has been a strong demand for plastic for several years and converting waste plastic materials into commercially viable products, utilizing environmentally friendly recycling and manufacturing methods has been a focused by the global awareness in clean environment, a trend many expect to continue even after the COVID-19 restrictions are lifted. The Company intends to execute its business plan upon capital raising. Subject to available capital, the Company intends to invest in building a recycling and extrusion facility, on-site contractor services, local engineering and acquisition of lab equipment and supplies, and marketing & sales development. As of the date of this filing, we have not entered into any definitive agreements. As of the time of this filing, the Company’s business plan has not been executed. Employees We currently have no regular employees, and our officers and directors take an active role serving the Company in corporate governance and compliance, strategic planning, and overall management. We anticipate that we will start to recruit regular employees and build up our management team as and when our business starts. 3 ITEM 1A. RISK FACTORS Not required by smaller reporting companies. We are a smaller reporting company as defined by Rule 12b-2 of the Securities Exchange Act of 1934 and are not required to provide the information under this item. ITEM 1B. UNRESOLVED STAFF COMMENTS None. ITEM 2. PROPERTIES Our current business office is located at No. 3 & 5, Jalan Hi Tech 7/7, Kawasan Perindustrian Hi Tech 7, 43500 Semenyih, Selangor, Malaysia. The office space is provided by our Chief Executive Officer at no charge. ITEM 3. LEGAL PROCEEDINGS We are not currently involved in any legal proceedings, and we are not aware of any pending or potential legal actions. ITEM 4. MINE SAFETY DISCLOSURES Not applicable. 4 PART II