secwatch.observer — SEC 8-K summary
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Issuer:     Taihe Group, Inc. (—)
CIK:        0001066719
Form:       8-K
Filed at:   2023-08-18T23:59:59+00:00
Accession:  0001683168-23-005869
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 1.03, 2.01, 3.02, 5.01, 5.02, 5.06, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1066719/000168316823005869/0001683168-23-005869-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1066719/000168316823005869/taihe_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-23-005869

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