Company: AOAO
Filing Date: 2025-07-30
Form Type: S-1/A
Source: 0001641172-25-021532
Chunk: 76

Company: Alpha One Inc.
Filing Date: 2025-07-30
Form: S-1/A
Chunk 76
---
 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.

For the year ended March 31, 2023 and 2024, the Company purchased engineering services from the related party “Shenzhen Zhongyun Information Technology Co., Ltd” in the amounts of $607,148 and nil respectively. For the six months ended September 30, 2023 and 2024, the Company purchased engineering services from the related party “Shenzhen Zhongyun Information Technology Co., Ltd” in the amounts of nil and $227,864 respectively.

For the year ended March 31, 2023 and 2024, the Company purchased engineering services from the related parties “Shenzhen Zhongyun Electronic Intelligent Technology Co., Ltd” and “Shenzhen Nanshan District Zhongyun Computer Development Center” in the amounts of $1,984 and $575 respectively. For the six months ended September 30, 2023 and 2024, the Company purchased the engineering services from the related parties “Shenzhen Zhongyun Electronic Intelligent Technology Co., Ltd” and “Shenzhen Nanshan District Zhongyun Computer Development Center” in the amounts of $575 and nil respectively.

Review, Approval and Ratification of Related Party Transactions

Given our small size and limited financial resources, we have not adopted formal policies and procedures for the review, approval or ratification of transactions, such as those described above, with our executive officer(s), Director(s) and significant stockholders. We intend to establish formal policies and procedures in the future, once we have sufficient