Company: EZOO
Filing Date: 2025-05-15
Form Type: 10-K
Source: 0001641172-25-010460
Chunk: 24

Company: Ezagoo Ltd
Filing Date: 2025-05-15
Form: 10-K
Item: Item 7A
Chunk 24
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NY$100,000
(Chinese Yuan) to BESH and RFLL, all of which
shall be used for the benefit of Beijing Ezagoo Zhicheng Internet Technology Limited herein as “BEZL” (formerly known as
Hunan Ezagoo Zhicheng Internet Technology Limited). The total amount of the loan is due on, or before, December
31, 2018.

Beijing
Ezagoo Zhicheng Internet Technology Limited herein as “BEZL” (formerly known as Hunan Ezagoo Zhicheng Internet
Technology Limited) is the Company through which we operate, and which shares our business plan to provide video advertising on
buses & the Mobile APP.

On
July 31, 2018 Xin Yang was appointed Chief Financial Officer of the Company.

On January 18, 2021, RFLL, one of the Equity
owners of BEZL, had transferred their 20%
equity of BEZL, including the rights and duties of the five agreements mentioned above that CETL entered and consummated with BEID and them,
 were transferred to and inherited by, Hunan Wangcheng Xingyi Industrial Development
Co., Ltd. (herein as “WCXYID”, which the Company is 100%
owned by Mr. Tan, Xiaohao). Therefore, on January 18, 2021, CETL entered and consummated the Call Option Agreement Amendment No.1 (exhibit 10.1A)
with BEID and WCXYID, the Shareholder Voting Rights Proxy Agreement Amendment No.1 (exhibit 10.2A) with BEID and WCXYID, the Management
Services Agreement Amendment No.1 (exhibit 10.3A) with BEZL, the Equity Pledge Agreement Amendment No.1 (exhibit 10.4A) with BEID and
WCXYID, and the Loan Agreement Amendment No.1 (exhibit 10.5A) with BEID and WCXYID.

On
March 3, 2021, the Company incorporated a branch company of Beijing Ezagoo Zhicheng Internet Technology Limited, named Changsha branch
of Beijing Ezagoo Zhicheng Internet Technology Limited, the reason to continue the operating in Changsha is we had adapted to the business
environment and adjusted business strategy.

On
August 28, 2023, the existing officer resigned immediately. Accordingly, Mr. Xin Yang, serving