CEO Baobin He resigns; Daohong Yuan named CEO/CFO; company corrects prior misleading 8-K on business change

Nongfu Shop Digital New Retail Co., Ltd

CEO Baobin He resigned effective Sep 25, 2024; Daohong Yuan appointed CEO and CFO, Ye Yuan as Director.
Daohong Yuan and Ye Yuan are brothers; no compensation arrangements with either.
Company corrects prior 8-K: no current operating business and no name change was authorized.
Daohong Yuan (age 37) has served as Chairman of China Private Economic Investment Group since 2024.
Ye Yuan (age 35) is President of Technical Operation Dept at Nongfu Shop since July 2023.

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