Acquired hotel's 2020 revenue $1.07M, net loss $689K; equity deficit $1.47M

AiXin Life International, Inc.

2020 revenue $1.07M, down 37% YoY from $1.71M; net loss $689K vs $384K in 2019.
Stockholders' deficit of $1.47M at Dec 31, 2020, vs $0.70M deficit at end of 2019.
COVID-19 materially impacted hotel operations; many restrictions relaxed by filing date.
Unaudited Q1 2021 financials and pro forma combined statements also furnished.

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