---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-23-005869"
form_type: "8-K"
ticker: null
cik: "0001066719"
company_name: "Taihe Group, Inc."
filed_at: "2023-08-18T23:59:59+00:00"
generated_at: "2026-06-11T06:46:08.933636+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Taihe Group acquires Hua Yin International for $1,000; gains control of Indonesian land development and tourism assets

## Summary
- Purchased 100% of Hua Yin International Group Limited for $1,000; 89.9M common and 10M preferred shares transferred to Taihe Samoa.
- Appointed Mr. Sukardi as Chairman and Director; Yan-Ping Sheng remains CEO, CFO, Treasurer, Secretary and Director.
- Through VIE agreements, controls PT Bintan (land development) and PT Mega (hospitality); both located on Bintan Island, Indonesia.
- Core projects include Indonesian Street City (500 acres, 10-15 year build-out, first phase complete) and Mangrove Industrial Park.
- Company ceased being a shell company; historical financials of Hua Yin and VIEs will be consolidated in future SEC filings.

## SEC filing metadata
- accession: 0001683168-23-005869
- form_type: 8-K
- cik: 0001066719
- company_name: Taihe Group, Inc.
- filed_at: 2023-08-18T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 1.03, 2.01, 3.02, 5.01, 5.02, 5.06, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1066719/000168316823005869/0001683168-23-005869-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1066719/000168316823005869/taihe_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-23-005869
- JSON: https://secwatch.observer/filing/0001683168-23-005869.json
- Plain text: https://secwatch.observer/filing/0001683168-23-005869.txt

## Key facts
- Distress & Bankruptcy
  Taihe Group, Inc. entered receivership.
  - Proceeding: receivership
  source text: The information contained in the Explanatory Note above relating to the custodianship described therein is incorporated by reference.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1066719/000168316823005869/0001683168-23-005869-index.htm
- Governance Changes
  Taihe Group, Inc.: Company ceased to be a shell company as a result of a Stock Purchase Agreement.
  - Change: shell status
  source text: Prior to the Stock Purchase Agreement, we were a “shell company” (as such term is defined in Rule 12b-2 under the Securities Exchange Act of 1934, as amended (the “Exchange Act”)). As a result of the Stock Purchase Agreement, we have ceased to be a shell company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1066719/000168316823005869/0001683168-23-005869-index.htm
- M&A Transactions
  Taihe Group, Inc. completed an acquisition involving Hua Yin International Group Limited for $1,000 (closed 2023-01-31).
  - Action: acquisition
  - Counterparty: Hua Yin International Group Limited
  - Consideration: $1,000
  - Closing: 2023-01-31
  source text: On January 31, 2023, the Company entered into a Stock Purchase Agreement (the “Agreement”) whereby TIHE purchased 100% of the issued and outstanding shares of Hua Yin International Group Limited (“Hua Yin”), a corporation organized under the laws of the British Virgin Islands, for the purchase price of $1,000.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1066719/000168316823005869/0001683168-23-005869-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.