Meiwu Technology Company Ltd. (China)

The Company operates an electronic online platform designed to provide primarily Clean Food to customers in China.
The Company offers green food, organic food, intangible cultural heritage food, agricultural products, and pollution-free products. It operates Clean Food Platform, an electronic online platform designs to provide primarily clean food to customers in China. The Company also engages the provision of restaurant services; sells drinks, fruits, and frozen products; and wholesale of agricultural products, as well as provides short messages services and technical and consulting services.
HISTORY
2018 The Company, Meiwu Technology Company Limited, formerly known as Wunong Net Technology Co., Ltd.,is a holding company incorporated under the laws of British Virgin Islands on December 4, 2018.
2019 The Company acquired all shares of Shenzhen Vande Technology Co., Limited (“Vande”) pursuant to the Instrument of Transfer, Sold Note and Bought Note recorded with Registrar of Companies in Hong Kong Special Administration Region (SAR).
2020 The Company s ordinary Shares began trading on the NASDAQ Capital Market on December 15, 2020 under the symbol “WNW.”
2021 The Company changed its name to Meiwu Technology Company Limited in August 2021.
On December 28, 2021, Meiwu Shenzhen sold the 51 equity interests of Baode Supply Chain (Shenzhen) Co., Ltd to Mr. Shiliang Ma, who held 30 ownership of Baode with the amount of RMB 200,000 (approximately 31,405). Upon the consummation of the sale of 51 equity shares in Baode, Meiwu Shenzhen ceased to hold shares in Baode and Baode was no longer a majority controlled subsidiary of Meiwu Shenzhen.
2022 On March 31, 2022, the Company entered into a Share Purchase Agreement (“SPA”) with Magnum International Holdings Limited, a British Virgin Islands business company (the “Yundian BVI”), and all the shareholders of Yundian BVI, who collectively hold 100 issued and outstanding shares of Yundian BVI (the “Sellers”). Yundian BVI indirectly owns 100 of Dalian Yundian Zhiteng Technology Company Limited (“Yundian”), a company organized under the laws of the PRC, via Yundian BVI's wholly-owned subsidiary in Hong Kong, Yun Tent Technology Company Limited. Yundian is a company engaging in the information technology and communication engineering based in Dalian, China. Pursuant to the SPA, we agreed to acquire 100 of the issued and outstanding shares of Yundian BVI. Upon the closing, we shall deliver to the Sellers total consideration of US 8.1 million to be paid in ordinary shares, no par value (“Ordinary Shares”), of the Company, at a price of US 0.9 per share, for a total of 9,000,000 Ordinary Shares (“Share Consideration”) provided, however, if the audit of the Yundian's financial statements for the years ended December 31, 2021 and 2020 is not completed by the sixty-fifth (65th) day following the closing date of the transaction contemplated in the SPA, all the Share Consideration paid to each Seller shall be forfeited and returned to the Company for cancellation.
On March 31, 2022, the Company entered into a Share Purchase Agreement (“SPA”) with Magnum International Holdings Limited, a British Virgin Islands business company (the “Yundian BVI”), and all the shareholders of Yundian BVI, who collectively hold 100 issued and outstanding shares of Yundian BVI (the “Sellers”). Yundian BVI indirectly owns 100 of Dalian Yundian Zhiteng Technology Company Limited (“Yundian”), a company organized under the laws of the PRC, via Yundian BVI's wholly-owned subsidiary in Hong Kong, Yun Tent Technology Company Limited. Yundian is a company engaging in the information technology and communication engineering based in Dalian, China. Pursuant to the SPA, we agreed to acquire 100 of the issued and outstanding shares of Yundian BVI. Upon the closing, we shall deliver to the Sellers total consideration of US 8.1 million to be paid in ordinary shares, no par value (“Ordinary Shares”), of the Company, at a price of US 0.9 per share, for a total of 9,000,000 Ordinary Shares (“Share Consideration”) provided, however, if the audit of the Yundian's financial statements for the years ended December 31, 2021 and 2020 is not completed by the sixty-fifth (65th) day following the closing date of the transaction contemplated in the SPA, all the Share Consideration paid to each Seller shall be forfeited and returned to the Company for cancellation.
On December 12, 2022, the Company entered into a Share Purchase Agreement (“SPA”) with Xinfuxin International Holdings Limited, a British Virgin Islands business company (the “Yuanxing BVI”), and all the shareholders of Yuanxing BVI. Yuanxing BVI indirectly owns 100 of Hunan Yuanxing Chanrong Technology Co., Ltd., a company organized under the laws of the PRC, via a wholly-owned subsidiary of Yuanxing BVI in Hong Kong, Antai Medical Limited. Pursuant to
2023 On May 4, 2023, the VIE, Meiwu Shenzhen, together with an individual, Kun Xu (“Kun”) and an entity, Xi ‘an Senli Huinong Agricultural Technology Co. LTD (“Senli Huinong”), established a new subsidiary in Shenzhen, China, Shenzhen Jiayuan Liquor Sales Co., Ltd (“Jiayuan Liquor”). Jiayuan Liquor's registered capital is RMB 1.8 million (approximately, 252,180) and its equity interests are divided among Meiwu Shenzhen (70 ), Kun (21 ) and Senli Huinon (9 ). Jiayuan Liquor's domiciled address is 1603, Building C, Shenye Century Industrial Center, No. 743, Zhoushi Road, Hezhou Community, Hangcheng Street, Baoan District, Shenzhen.