Lvpai Group changes control as Yang Fuzhu sells 5M preferred shares; new CEO/CFO appointed

LVPAI GROUP Ltd

Yang Fuzhu transferred 4M Series A preferred shares to Chen Yuanhang and 1M to Frank Chen for $172,500.
Purchasers hold ~43.48% voting rights; Yang Fuzhu retains 43.48% but is no longer controlling shareholder.
Yang Fuzhu resigned as CEO, CFO, President, Treasurer, Secretary effective August 12, 2022.
Chen Yuanhang appointed CEO, President, and Director; Zhang Wenmin appointed CFO.

item 5.01 item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Chen Yuanhang

Chief Executive Officer, President, and a Director

LVPA · LVPAI GROUP Ltd

Effective: 2022-08-12
Filed: August 15, 2022, 7:59 PM ET

Chen Yuanhang consented to act as the new Chief Executive Officer, President, and a Director of the Company

Departed

Yang Fuzhu

Chief Executive Officer, Chief Financial Officer, President, Treasurer and Secretary

LVPA · LVPAI GROUP Ltd

Effective: 2022-08-12
Successor: Chen Yuanhang
Filed: August 15, 2022, 7:59 PM ET

Yang Fuzhu, serving as a director and an officer, ceased to be the Company’s Chief Executive Officer, Chief Financial Officer, President, Treasurer and Secretary.

Appointed

Zhang Wenmin

Chief Financial Officer

LVPA · LVPAI GROUP Ltd

Effective: 2022-08-12
Filed: August 15, 2022, 7:59 PM ET

Zhang Wenmin consented to act as the new Chief Financial Officer of the Company

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 1.0

Chen Yuanhang was appointed as Chief Executive Officer, President, and a Director at LVPAI GROUP Ltd.

Action: appointed
Role: Chief Executive Officer, President, and a Director

Exact text from the filing

Chen Yuanhang consented to act as the new Chief Executive Officer, President, and a Director of the Company

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Yang Fuzhu resigned as Chief Executive Officer, Chief Financial Officer, President, Treasurer and Secretary at LVPAI GROUP Ltd.

Action: resigned
Role: Chief Executive Officer, Chief Financial Officer, President, Treasurer and Secretary

Exact text from the filing

Yang Fuzhu, serving as a director and an officer, ceased to be the Company’s Chief Executive Officer, Chief Financial Officer, President, Treasurer and Secretary.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Zhang Wenmin was appointed as Chief Financial Officer at LVPAI GROUP Ltd.

Action: appointed
Role: Chief Financial Officer

Exact text from the filing

Zhang Wenmin consented to act as the new Chief Financial Officer of the Company

View on SEC.gov

LVPAI GROUP Ltd filing history →

Source: SEC EDGAR

accession 0001493152-22-022684

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