Company: AOAO
Filing Date: 2025-01-10
Form Type: S-1/A
Source: 0001493152-25-001624
Chunk: 11

Company: Alpha One Inc.
Filing Date: 2025-01-10
Form: S-1/A
Chunk 11
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 her spouse directly and indirectly obtained the total 49.65% controlled of AOAO, and 50% indirectly controlled of Zhongyun BVI
by Zhongyun Global International Group Limited. Shuhua Liu is the sole director of AOAO and Zhongyun BVI. As AOAO and Zhongyun BV were
under common control at the time of the share exchange, the transaction is accounted for as a combination of entities under common control
in a manner similar to the pooling-of-interests method of accounting. Following the Merger, Shuhua Liu and her spouse directly and indirectly
obtained the 49.77% controlled of AOAO. Immediately after completion of such share exchange, the Company has a total of 76,809,533 issued
and outstanding shares of common stock, with authorized common shares of 450,000,000.

Consequently, the Company has ceased to fall
under the definition of shell company as define in Rule 12b-2 under the Exchange Act of 1934, as amended (the “Exchange Act”)
and Zhongyun BVI is now a wholly owned subsidiary.

On November 16, 2023, the former director and
CEO Zhuo Wang transferred 19,890,000 shares to Sun Horn Limited, 4,239,742 shares to Shuhua Liu and 1,370,258 shares Xinli Chen for free.

On May 28, 2024, 25,450,086 shares of common stock of AOAO transferred from Zhongyun Global International Group
Limited to seventy-one individuals (including Shuhua Liu 1,561,033 shares) and two corporates, after the transferred, Shuhua Liu and her spouse directly and indirectly held total 56,800,775 shares, or 66.646% of outstanding shares.

Our Company structure is shown in the below chart. The percentages denote ownership.

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Zhongyun
(BVI) Limited (“Zhongyun BVI”) was incorporated in the British Virgin Islands on December 6, 2022 with limited liability.

Zhongyun Investment Hong Kong Limited (“Zhongyun HK”) which is 100% owned by Zhongyun BVI, was incorported in the HongKong on December 23, 2022, Zhongyun HK is an investment holding company with no operations. On March 2, 2023, Zhongyun HK acquired Shenzhen Zhongyun Communication Technology Co.,