SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549



FORM 10-K



|☒ | Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934    
|- | ----------------------------------------------------------------------------------------
|  | For the
fiscal year ended December 31, 2015                                             
|  |                                                                                         
|☐ | Transition Report Pursuant
to Section 13 or 15(d) of the Securities Exchange Act of 1934
|  | For the transition period from ______________to ______________                          



Commission
File Number 000-53749



DOMAIN EXTREMES INC.

(Exact Name of Registrant as Specified in
Its Charter)



|State of Nevada, USA
        (State or Other Jurisdiction of Incorporation
        or Organization)                                                           | 98-0632051
        (I.R.S. Employer Identification No.)
|------------------------------------------------------------------------------------------------------------------------------------------------------------- | -------------------------------------------------------
|                                                                                                                                                              |                                                        
|602 Nan Fung Tower, Suite 6/F
        173 Des Voeux Road Central
        Central District, Hong Kong
        (Address of Principal
        Executive Offices) | N/A
        (Zip Code)                                 





+(852) 2868-0668

(Registrant’s Telephone Number, Including
Area Code)



Securities registered pursuant to Section
12(b) of the Act:



|Title of Each Class | Name of Each Exchange on Which Registered
|------------------- | -----------------------------------------
|None                | N/A                                      



Securities registered pursuant to Section
12(g) of the Act:

Common Stock, par value $0.001 per share



Indicate by check mark if the registrant is a well-known seasoned
issuer, as defined in Rule 405 of the Securities Act.   ☐ Yes     ☒ No



Indicate by check mark if the registrant is not required to
file reports pursuant to Section 13 or Section 15(d) of the Act.   ☐ Yes ☒ No



Indicate by check mark whether the registrant (1) has filed
all reports required to be filed by Section 13 or 15(d) of the Exchange Act during the past 12 months (or for such shorter period
that the registrant was required to file such reports), and (2) has been subject to such filing requirement for the past 90 days.  ☒
Yes     ☐ No



Indicate by check mark whether the registrant has submitted
electronically and posted on its corporate Website, if any, every Interactive Data File required to be submitted and posted pursuant
to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the
registrant was required to submit and post such files).   ☒ Yes     ☐ No



Indicate by check mark if disclosure of delinquent filers pursuant
to Item 405 of Regulation S-K (§229.405 of this chapter) is not contained herein, and will not be contained, to the best of
the registrant’s knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form
10-K or any amendment to this Form 10-K.  ☒



Indicate by check mark whether the registrant is a large accelerated
filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company.



|Large accelerated filer ☐ | Accelerated filer☐         
|------------------------- | ---------------------------
|                          |                            
|Non-accelerated filer ☐   | Smaller Reporting Company ☒



Indicate by check mark whether the registrant is a shell company
(as defined in Rule 12b-2 of the Exchange Act).   □ Yes     ☒ No



The aggregate market value of the voting and non-voting common
equity held by non-affiliates was $1,982as of June 30, 2015 (the
registrant’s most recently completed second quarter), based upon total outstanding shares as of such date of 144,542,831,
of which 19,815,955 shares were held by non-affiliates. As of June 30, 2015, the last transacted price of the registrant was US$0.0001
per share.



As of March 1, 2016, there were 179,522,531 shares of the registrant’s
common stock outstanding.



DOCUMENTS INCORPORATED BY REFERENCE



List hereunder the following documents if incorporated by reference
and the Part of the Form 10-K (e.g., Part I, Part II, etc.) into which the document is incorporated: (1) Any annual report to security
holders; (2) Any proxy or information statement; and (3) Any prospectus filed pursuant to Rule 424(b) or (c) under the Securities
Act of 1933.



None.










TABLE OF CONTENTS



|           |         | PAGE                                                                                                            
|---------- | ------- | ----------------------------------------------------------------------------------------------------------------
|PART I     |         |                                                                                                                 
|           |         |                                                                                                                 
|           | Item 1  | Business                                                                                                        
|           | Item 1A | Risk Factors                                                                                                    
|           | Item 1B | Unresolved Staff Comments                                                                                       
|           | Item 2  | Properties                                                                                                      
|           | Item 3  | Legal Proceedings                                                                                               
|           | Item 4  | Mine Safety Disclosures                                                                                         
|           |         |                                                                                                                 
|PART II    |         |                                                                                                                 
|           |         |                                                                                                                 
|           | Item 5  | Market for
    Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities
|           | Item 6  | Selected Financial Data                                                                                         
|           | Item 7  | Management’s
    Discussion and Analysis of Financial Condition and Results of Operations                       
|           | Item 7A | Quantitative and Qualitative Disclosures About Market Risk                                                      
|           | Item 8  | Financial Statements and Supplementary Data                                                                     
|           | Item 9  | Changes in and Disagreements with Accountants on Accounting and Financial Disclosure                            
|           | Item 9A | Controls and Procedures                                                                                         
|           | Item 9B | Other Information                                                                                               
|           |         |                                                                                                                 
|PART III   |         |                                                                                                                 
|           |         |                                                                                                                 
|           | Item 10 | Directors, Executive Officers and Corporate Governance                                                          
|           | Item 11 | Executive Compensation                                                                                          
|           | Item 12 | Security Ownership of
    Certain Beneficial Owners and Management and Related Stockholder Matters              
|           | Item 13 | Certain Relationships and Related Transactions, and Director Independence                                       
|           | Item 14 | Principal Accountant Fees and Services                                                                          
|           |         |                                                                                                                 
|PART IV    |         |                                                                                                                 
|           |         |                                                                                                                 
|           | Item 15 | Exhibits, Financial Statement Schedules                                                                         
|           |         |                                                                                                                 
|SIGNATURES |         | 22                                                                                                              
|           |         |                                                                                                                 
|EXHIBITS   |         | 23                                                                                                              





2






Forward Looking Statements



The discussion contained in this Annual
Report on Form 10-K under the Securities Exchange Act of 1934, as amended, contains forward-looking statements that involve risks
and uncertainties. The registrant’s actual results could differ significantly from those discussed herein. These include
statements about our expectations, beliefs, intentions or strategies for the future, which we indicate by words or phrases such
as “anticipate,” “expect,” “intend,” “plan,” “will,” “we believe,”
“the Company believes,” “management believes” and similar language, including those set forth in the discussions
under “Risk Factors,” “Notes to Financial Statements” and “Management’s Discussion and Analysis
of Financial Condition and Results of Operations” as well as those discussed elsewhere in this Form 10-K. Statements contained
in this Form 10-K that are not historical facts are forward-looking statements that are subject to the “safe harbor”
created by the Private Securities Litigation Reform Act of 1995. The forward-looking statements in this Annual Report speak only
as of the date of filing with the SEC and might not occur in light of these risks, uncertainties, and assumptions. The registrant
undertakes no obligation and disclaims any obligation to publicly update or revise any forward-looking statements, whether as a
result of new information, future events, or otherwise.

































3








PART I



|ITEM 1. | BUSINESS
|------- | --------



Overview



We were incorporated in the State of Nevada
in January 2006 and are a development stage company. Our business is to develop and operate Internet websites and applications
on mobile platforms. We intend to earn revenues through advertisements sold on these websites and applications. Our goal is to
become the largest network of consumer-based websites and applications targeting viewers in the Hong Kong and Greater China Basin
with contents on travel, food, entertainment, activities and city life. As of the date of this Annual Report, we have launched
the website www.drinkeat.com, which provides reviews of restaurants in Hong Kong.



We plan to develop additional websites
and solicit advertisement for those websites through third-party agents. Presently, we own the following domain names: www.domainextremes.comand www.drinkeat.com.



In November 2012, we terminated Junk Calls.
In the 1st quarter of 2014, we aborted the development of another iPhone application, BabyWorldbecause the developer was
not able to deliver the final version of the application.



We are a controlled corporation with the
substantial majority of our shares held by Mi1 Global Limited (“Mi1”), a company registered in the Republic of Vanuatu.
Mi1 acquired an 51% stake in our company in February 2016. As a result, there can be no assurance that our business and/or our
strategy will not change over time as a result of Mi1’s interest.



Our Business



We are an active developer and operator
of lifestyle-centered websites and mobile platform applications in the Hong Kong and Greater China Basin. We intend to build content
centered on travel, food, city life and entertainment in the region.



Our content is delivered through internet-connected
browser-based devices such as personal computers, laptops and mobile devices. As a result, our content is available globally and
our distribution is potentially unlimited in breadth. Thus, while our primary market focus is Hong Kong and the Greater China Basin,
we are able to reach those consumers and content providers around the world who have an interest in this region.



Our site www.drinkeat.com, also
known as Hong Kong Restaurant Review, provides reviews on Hong Kong restaurants. We invite food critics to contribute review articles
on restaurants in Hong Kong either for a small fee or by obtaining their consent to post a previously printed article without charge.
Reviews are written in Chinese for the general public in Hong Kong and Chinese tourists who plan to visit Hong Kong. Contributors
are paid a nominal fee on a per-article basis either in cash, if available, or through the issuance of shares in the Company. We
rely on five active individual contributors to provide reviews, although we do not have formal agreements with any. There are several
websites providing similar reviews on Hong Kong restaurants.



We believe that www.drinkeat.com
is among the top three of such websites in terms of popularity and depth of the articles. According to Google’s PageRank®,
www.drinkeat.com is one of three restaurant review websites in Hong Kong with a ranking of 5 or higher out of the maximum
10 as of the date of this Annual Report.



According to Google’s corporate website,
its PageRank® system reflects its view of the importance of viewed web pages by considering more than 500 million variables
and 2 billion terms. Pages that it believes are important pages receive a higher PageRank® and are more likely to appear at
the top of the search results. Google assigns a numeric weighting from 0-10 for each webpage on the Internet, with the PageRank®
denoting a site’s importance in the eyes of Google. The PageRank® of a particular page is roughly based upon the quantity
of inbound links as well as the PageRank® of the pages providing the links. Other factors, such as the relevance of search
words on the page and actual visits to the page reported by the Google toolbar, also influence the PageRank®. However, in order
to prevent manipulation, Google provides no specific details about how such other factors influence the resulting PageRank®.





1






We launched our second website, www.sowhat.asia,
in beta version, in the 4th quarterof 2009. This site provides a portal for members to post photos and videos focusing
on areas in Hong Kong which they believe need improvement, including traffic, hygienic conditions, environmental issues and current
affairs and others. The purpose of these postings is to attract the attention of government departments and concerned organizations
with the ultimate objective that these issues will be rectified. Initial content has been provided by individuals known to the
Company's management without compensation. The testing of this website did not bring in satisfactory results. The management decided
to terminate this website in the 3rd quarter of 2013.



We will gradually develop other websites
utilizing domain names we currently own or develop or acquire in the future. We plan to solicit advertisements through third party
agents. Depending on the nature of the content of the websites, prospective advertisers include restaurants, hotels, travel agents,
department stores and retail outlets. We also include pay-per-click advertisements in our websites. Our hope is that when our network
of websites has increased to at least five, we will be able to attract and retain more traffic, redirecting users to other websites
in our network.



We have contracted with programming firms
in Hong Kong and China to develop websites for our network. Once a domain name and theme have been decided by our directors, we
contact potential development firms for initial discussion regarding our proposal. Our directors maintain close contact with the
programming firms during development of the website and conduct testing throughout the development process. Additionally, we intend
to carry out enhancements on our websites from time to time based upon member feedback.



We will continue to develop lifestyle applications
on iPhone and other mobile platforms.



Our Strategy



In order
to develop our platform, we intend to:



| | • | Promote our existing websites to increase readership, popularity and site-loyalty through on-line advertisements, principally through search advertising and banner advertisements;                
| | - | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
| |   |                                                                                                                                                                                                    
| | • | Launch a public relations campaign, through print and other media, to promote our websites;                                                                                                        
| |   |                                                                                                                                                                                                    
| | • | Develop banner exchange programs with other websites;                                                                                                                                              
| |   |                                                                                                                                                                                                    
| | • | Recruit additional writers and contributors to enhance and update site content to maintain the relevance of the information, as well as free-lance writers to publicize sites in related forums;   
| |   |                                                                                                                                                                                                    
| | • | Utilize consultants to optimize search engines in order to enhance and maintain website ranking;                                                                                                   
| |   |                                                                                                                                                                                                    
| | • | Expand the network through the application of new domain
names, as well as the acquisition of websites and forums targeting the same consumer base;                                                
| |   |                                                                                                                                                                                                    
| | • | Develop additional lifestyle-related mobile phone applications
        for iPhone and, where appropriate, other mobile platforms, and promote them using online key word search advertisements; and
| |   |                                                                                                                                                                                                    
| | • | Generate revenue from user fees and online advertising income
        at space provided in mobile phone applications.                                                                              



As noted above, we are a controlled corporation and there can
        be no assurance that our principal shareholder, Mi1 Global Limited, will not change our business or our strategy in the future.





2






Competition



We face intense competition from other
online content providers who also offer lifestyle information services. These providers are not necessarily based in the Hong Kong
or Greater China Basin region, but may be based anywhere in the world given the availability of the internet. We also face competition
from new technologies that could potentially make demand for our website services outdated or inconvenient.



Intellectual Property



We rely on a combination of trademarks,
trade secrets and contract law rights in order to protect our brand, intellectual property assets and confidential or proprietary
information (our “Proprietary Rights”). Our Proprietary Rights are among the most important assets we possess and we
depend significantly on these Proprietary Rights in being able to effectively compete in our industry. We cannot be certain that
the precautions we have taken to safeguard our Proprietary Rights will provide meaningful protection from the unauthorized use
by others. If we must pursue litigation in the future to enforce or otherwise protect our Proprietary Rights, or to determine the
validity and scope of the rights of others, we may not prevail and will likely have to make substantial expenditures and divert
valuable resources in the process. Moreover, we may not have adequate remedies if our Proprietary Rights are appropriated or disclosed.



We hold Proprietary Rights to our domain
names and, as we develop and acquire content for our sites, we intend to make trademark and copyright applications as appropriate
to protect our intellectual property in Hong Kong and elsewhere as we deem appropriate. As we contract with other parties, including
website and content developers and advertisers, we intend to ensure that our content and services do not infringe upon the intellectual
property rights of others. As a general matter, to date we have acquired and not licensed rights to content for our websites.



Regulation



There are currently no restrictions in
Hong Kong on the dissemination of information through the Internet, except as stipulated in the “Control of Obscene and Indecent
Article Ordinance” (COIAO). The contents of our existing websites, and those in development, do not fall into the categories
subject to censorship under the COIAO.



The Hong Kong Government is reviewing the
filtering of information on the Internet to protect the youth from accessing obscene material. We do not believe that, even if
new laws or regulations are enacted in this regard, our business activities would be affected given our target audience and content.
However, if new technical requirements, such as filtering software, are imposed, data transmission speed could adversely be affected.



We are not aware of any regulations in
any of the jurisdictions in which we intend primarily offer our content or services that would require us to be licensed to distribute
content over the public Internet.





3






Employees



As of December 31, 2015, we had one full-time
employee and four part-time employees taking care of website content development, testing and administrative matters. We intend
to add full and part-time employees, as well as consultants, as our network continues to expand.



We are not subject to any collective bargaining
agreements and we believe our relationship with our employees is excellent.



Where You Can Find Us



Our principal executive office is located
at 602 Nan Fung Tower, Suite 6/F, 173 Des Voeux Road Central, Central District, Hong Kong. Our telephone number is 852-2868-0668.
Our website is www.domainextremes.com. The content of our website is not incorporated into, or otherwise considered a part
of, this Annual Report.





|ITEM 1A. | RISK FACTORS
|-------- | ------------



This information is not required of smaller
reporting companies.





|ITEM 1B. | UNRESOLVED STAFF COMMENTS.
|-------- | --------------------------



Not applicable.





|ITEM 2. | PROPERTIES
|------- | ----------



We do not own any property. Our executive
offices are located at 602 Nan Fung Tower, Suite 6/F, 173 Des Voeux Road Central, Central District, Hong Kong, which is office
space that we share with certain other development stage companies. As we continue to grow our business, we may find it necessary
to secure separate office space; however, for our current needs the present space is sufficient and cost-efficient.





|ITEM 3. | LEGAL PROCEEDINGS
|------- | -----------------



None.





|ITEM 4. | MINE SAFETY DISCLOSURES
|------- | -----------------------



Not applicable.





4






PART II



|ITEM 5. | MARKET FOR COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES
|------- | -----------------------------------------------------------------------------------------------



Market Information



Our common stock is traded on the OTCQB.
The last transacted price of our common stock was $0.016 when 200 shares were traded on November 12, 2012. The trading of our common
stock is sporadic and we believe that there is no established trading market for our common stock.



Holders



As of December 31, 2015, we had 179,522,531
shares of our common stock issued and outstanding, and held by 757 persons.



In general, pursuant to Rule 144 adopted
under the Securities Act of 1933, as amended, a shareholder who owns restricted shares of a company which files periodic reports
with the Securities and Exchange Commission and who has a holding period of at least six months, is entitled to sell such shares
in accordance with the provisions of Rule 144. In the event the shareholder is a non-affiliate of the issuer, he or she may make
unlimited public resales of shares under Rule 144 provided that the current public information requirement is satisfied. A non-affiliate
who has a holding period of more than one year, may make unlimited resales of shares without compliance with any other requirement
of Rule 144. Persons who are affiliates of the issuer must comply with all requirements of Rule 144 in conjunction with resales
of their shares including the current public information requirement, the volume limitations, the manner of sale requirements and
the filing of a Form 144. Therefore, the possible sale of our currently outstanding shares pursuant to Rule 144 may, in the future,
have a depressive effect on the price of our common stock in the over-the-counter market.





5






Dividends



We have never declared or paid a dividend
on our common stock and, because we have very limited resources and a substantial accumulated deficit, we do not anticipate declaring
or paying any dividends on our common stock in the foreseeable future. Rather, we intend to retain earnings, if any, for the continued
operation and expansion of our business. It is unlikely, therefore, that the holders of our common stock will have an opportunity
to profit from anything other than potential appreciation in the value of our common shares held by them. If you require dividend
income, you should not rely on an investment in our common stock.



Equity Compensation Plans



We do not
currently have any equity compensation plans.



Performance Graph



This information is not required of smaller reporting companies.



Recent Sales of Unregistered Securities;
Use of Proceeds from Registered Securities



In November 2015, we
issued the following shares of common stock without registration under the Securities Act of 1933, as amended (the “Securities
Act”), in lieu of compensation for services rendered:



|Name         |  | Number of Shares |            |  | Relationship |          
|------------ |  | ---------------- | ---------- |  | ------------ | ---------
|Francis Bok  |  |                  | 9,473,684  |  |              | President
|Stephen Tang |  |                  | 23,684,211 |  |              | Director 
|Angel Lai    |  |                  | 1,821,805  |  |              | Staff    



Such shares were issued
to persons reasonably believed by us to be non-U.S. persons, as defined under Regulation S under the Securities Act. The shares
issued to the individuals above were sold at a purchase price of approximately $0.0038 per share (an aggregate of $132,923).



The Company did not
issue any shares without registration in 2014.



Issuer Purchases of Equity Securities.



None.





|ITEM 6. | SELECTED FINANCIAL DATA
|------- | -----------------------



This information is not required of smaller
reporting companies.





6






|ITEM 7. | MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS
|------- | -------------------------------------------------------------------------------------



The following discussion and analysis
of our financial condition and results of operations should be read in conjunction with our audited consolidated financial statements,
related notes, and other detailed information included elsewhere in this Annual Report on Form 10-K. Our financial statements have
been prepared in accordance with United States generally accepted accounting principles (“GAAP”), contemplate that
we will continue as a going concern, and do not contain any adjustments that might result if we were unable to continue as a going
concern, however, our independent registered public accounting firm has added explanatory paragraphs in Note 1 of each of our audited
consolidated financial statements for the fiscal years ended December 31, 2015 and 2014, respectively, raising substantial doubt
as to our ability to continue as a going concern. Certain information contained below and elsewhere in this Annual Report on Form
10-K, including information regarding our plans and strategy for our business, constitute forward-looking statements. See "Cautionary
Statement Regarding Forward-Looking Statements.”



Overview



We are a development stage company organized
under the laws of the State of Nevada in January 2006. Our business is to develop and operate Internet websites and mobile phone
applications and we intend to earn revenues through advertisements sold on these websites and mobile platforms. Our goal is to
become the largest network of consumer-based websites and iPhone applications and similar mobile platforms targeting viewers in
the Hong Kong and Greater China Basin with contents on travel, food, entertainment, activities and city life. We plan to develop
additional websites and mobile phone applications. We generate advertising revenues through banner and pay-per-click advertisements,
as well as through application user fees.



Results of Operations



Two Years Ended December 31, 2015 and 2014



Net Sales



We generated revenues of $8,292 for the
year ended December 31, 2015, compared to $7,615 for fiscal 2014. The increase in revenue was mainly due to the service periods
provided to our advertisers. Our principal source of revenues is from advertising banners on our websites. We also intend to generate
future revenues from advertising and user fees related to our mobile phone applications.



Net Income (Loss)



We have incurred a net loss of $74,008
in 2015 compared to a net loss of $67,453 in 2014, principally due to a substantial increase in our administrative expenses as
discussed below.



We incurred general, administrative and
operating expenses of $82,300 in 2015 and $75,068 in 2014. Of these amounts, $42,000 and $48,000 related to the value of director
fees to our directors in each of 2015 and 2014, respectively, in lieu of cash compensation for services rendered. In addition,
a substantial portion of our expenses for the year ended December 31, 2015 related to accounting service fees and professional
service fees, and for the year ended December 31, 2014 related to accounting service fees and audit fees.



Taxes



Due to our lack of revenues, we have not
incurred any tax obligations since inception. However, we would anticipate that income tax obligations will arise as we begin to
generate significant revenue in the future.





7






Liquidity and Capital Resources



At December 31, 2015,
we had cash and cash equivalents of $39, compared to $143 at December 31, 2014, a decrease of $104. This decrease is principally
due to the increase in cash used in operation.



Currently, we have limited operating capital.
We expect that our current capital and our other existing resources will be sufficient only to provide a limited amount of working
capital, and the revenues, if any, generated from our business operations alone may not be sufficient to fund our operations or
planned growth. We will likely require additional capital to continue to operate our business, and to further expand our business.



We expect our cash flow needs over the
next 12 months to be approximately $70,000. However, this amount may be materially increased if market conditions are favorable
for a more rapid expansion of our business model or if we adjust our model to exploit strategic acquisition opportunities. In addition,
we may require additional cash flow to support our public company reporting requirements in the United States. Although our average
monthly expenditures to date have averaged less than $6,000, we expect this rate to increase exponentially as our business expands.
To date, we have been financed principally by our directors; however, we expect to secure third party financing or bank loans as
necessary until we secure sufficient revenues, principally from advertisers on our websites, to sustain our ongoing operations.



Sources of additional capital through various
financing transactions or arrangements with third parties may include equity or debt financing, bank loans or revolving credit
facilities. We may not be successful in locating suitable financing transactions in the time period required or at all, and we
may not obtain the capital we require by other means. Our inability to raise additional funds when required may have a negative
impact on our operations, business development and financial results.



Off-Balance Sheet Arrangements



As of December 31, 2015, we did not have
any off-balance sheet arrangements.



Critical Accounting Policies



The preparation of financial statements
in conformity with accounting principles generally accepted in the United States of America requires management to make estimates
and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities
at the date of the financial statements and the reported amounts of revenues and expenses during the reporting periods.



Our management routinely makes judgments
and estimates about the effects of matters that are inherently uncertain. As the number of variables and assumptions affecting
the probable future resolution of the uncertainties increase, these judgments become even more subjective and complex. We have
identified the following accounting policies, described below, as the most critical to an understanding of our current financial
condition and results of operations.



Basis of Presentation



The accompanying financial statements of
the Company have been prepared in accordance with generally accepted accounting principles in the United States of America.



Use of Estimates



The preparation of the financial statements
in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the
reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements,
and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.





8






Cash and Cash Equivalents



The Company considers all short-term highly
liquid investments that are readily convertible to known amounts of cash and have original maturities of three months or less to
be cash equivalents.



Impairment of Long-Lived Assets



The Company accounts for the impairment
of long-lived assets, such as plant and equipment, leasehold land and intangible assets, under the provisions of FASB Accounting
Standard Codification Topic 360 (“ASC 360”) “Property, Plant and Equipment – Overall” (formerly known
as SFAS No. 144, “Accounting for the Impairment of Long-Lived Assets” (“SFAS 144”)). ASC 360 establishes
the accounting for impairment of long-lived tangible and intangible assets other than goodwill and for the disposal of a business. Pursuant
to ASC 360, the Company periodically evaluates, at least annually, whether facts or circumstances indicate that the carrying value
of its depreciable assets to be held and used may not be recoverable. If such circumstances are determined to exist,
an estimate of undiscounted future cash flows produced by the long-lived asset, or the appropriate grouping of assets, is compared
to the carrying value to determine whether impairment exists. In the event that the carrying amount of long-lived assets exceeds
the undiscounted future cash flows, then the carrying amount of such assets is adjusted to their fair value. The Company reports
an impairment cost as a charge to operations at the time it is recognized.



Income Taxes



The Company utilizes
FASB Accounting Standard Codification Topic 740 (“ASC 740”) “Income taxes” (formerly known as SFAS No.
109, "Accounting for Income Taxes"), which requires the recognition of deferred tax assets and liabilities for the expected
future tax consequences of events that have been included in the financial statements or tax returns. Under this method, deferred
income taxes are recognized for the tax consequences in future years of differences between the tax bases of assets and liabilities
and their financial reporting amounts at each period end based on enacted tax laws and statutory tax rates applicable to the periods
in which the differences are expected to affect taxable income. Valuation allowances are established, when necessary, to reduce
deferred tax assets to the amount expected to be realized.



ASC 740 “Income
taxes” (formerly known as Interpretation No. 48, Accounting for Uncertainty in Income Taxes, an interpretation of Statement
of Financial Accounting Standards No. 109 (“FIN 48”)) clarifies the accounting for uncertainty in tax positions.
This interpretation requires that an entity recognizes in the financial statements the impact of a tax position, if that position
is more likely than not of being sustained upon examination, based on the technical merits of the position. Recognized income tax
positions are measured at the largest amount that is greater than 50% likely of being realized. Changes in recognition or measurement
are reflected in the period in which the change in judgement occurs. The Company has elected to classify interest and penalties
related to unrecognized tax benefits, if and when required, as part of income tax expense in the statements of operations. The
adoption of ASC 740 did not have a significant effect on the financial statements.



Comprehensive Income



The Company has adopted
FASB Accounting Standard Codification Topic 220 (“ASC 220”) “Comprehensive income” (formerly known as SFAS
No. 130, “Reporting Comprehensive Income”), which establishes standards for reporting and display of comprehensive
income, its components and accumulated balances. Accumulated other comprehensive income represents the accumulated balance of foreign
currency translation adjustments of the Company.



Stock-based Compensation



The Company has adopted
FASB Accounting Standard Codification Topic 718 (“ASC 718”), ”Stock Compensation” (formerly known as SFAS
123(R), Share-Based Payment), which requires the measurement and recognition of compensation expense for all share-based payment
awards made to employees and directors including stock option grants based on estimated fair values. ASC 718 requires companies
to estimate the fair value of share-based payment awards on the date of grant using an option-pricing model. The value of the award’s
portion that is ultimately expected to vest is recognized as expense over the requisite service periods. Prior to the adoption
of ASC 718, we accounted for share-based awards to employees and directors using the intrinsic value method. Under the intrinsic
value method, share-based compensation expense was only recognized by us if the exercise price of the stock option was less than
the fair market value of the underlying stock at the date of grant.





9






The Company accounts
for stock-based compensation to non-employees and consultants in accordance with the provisions of ASC 505-50 “Equity –Based
Payments to Non-employees”. Measurement of share-based payment transactions with non-employees shall be based on the fair
value of whichever is more reliably measurable: (a) the goods or services received; or (b) the equity instruments issued. The fair
value of the share-based payment transactions should be determined at the earlier of performance commitment date or performance
completion date.



Issuance of Shares for Service



The Company accounts for the issuance of
equity instruments to acquire goods and services based on the fair value of the goods and services or the fair value of the equity
instrument at the time of issuance, whichever is more reliably measurable.



Foreign Currencies Translation



The functional currency
of the Company is Hong Kong dollars (“HK$”). The Company maintains its financial statements in the functional currency.
Monetary assets and liabilities denominated in currencies other than the functional currency are translated into the functional
currency at rates of exchange prevailing at the balance sheet dates. Transactions denominated in currencies other than the functional
currency are translated into the functional currency at the exchanges rates prevailing at the dates of the transaction. Exchange
gains or losses arising from foreign currency transactions are included in the determination of net income for the respective periods.



For financial reporting
purposes, the financial statements of the Group which are prepared using the functional currency have been translated into United
States dollars. Assets and liabilities are translated at the exchange rates at the balance sheet dates and revenue and expenses
are translated at the average exchange rates and stockholders’ equity is translated at historical exchange rates. Any translation
adjustments resulting are not included in determining net income but are included in foreign exchange adjustment to other comprehensive
income, a component of stockholders’ equity.



Fair Value of Financial Instruments



The carrying values
of the Company’s financial instruments, including cash and cash equivalents, trade and other receivables, deposits, trade
and other payables approximate their fair values due to the short-term maturity of such instruments. The carrying amounts of borrowings
approximate their fair values because the applicable interest rates approximate current market rates.



Earnings Per Share



Basic earnings per
share is based on the weighted average number of common shares outstanding during the period while the effects of potential common
shares outstanding during the period are included in diluted earnings per share.  The average market price during the
year is used to compute equivalent shares.



FASB Accounting Standard
Codification Topic 260 (“ASC 260”), “Earnings Per Share,” requires that employee equity share options,
non-vested shares and similar equity instruments granted to employees be treated as potential common shares in computing diluted
earnings per share. Diluted earnings per share should be based on the actual number of options or shares granted and not yet forfeited,
unless doing so would be anti-dilutive. The Company uses the “treasury stock” method for equity instruments granted
in share-based payment transactions provided in ASC 260 to determine diluted earnings per share.



Website Development Costs



The Company recognized
the costs associated with developing a website in accordance with ASC 350-50 “Website Development Cost” that codified
the American Institute of Certified Public Accountants (“AICPA”) Statement of Position (“SOP”) NO. 98-1,
“Accounting for the Costs of Computer Software Developed or Obtained for Internal Use”. Relating to website development
costs the Company follows the guidance pursuant to the Emerging Issues Task Force (EITF) NO. 00-2, “Accounting for Website
Development Costs”. The website development costs are divided into three stages, planning, development and production. The
development stage can further be classified as application and infrastructure development, graphics development and content development.
In short, website development cost for internal use should be capitalized except content input and data conversion costs in content
development stage.





10






Costs associated with
the website consist primarily of website development costs paid to third party and directors. These capitalized costs will be amortized
based on their estimated useful life over three years upon the website becoming operational. Internal costs related to the development
of website content will be charged to operations as incurred. Web-site development costs related to the customers are charged to
cost of sales.



Revenue Recognition



The Company recognized
revenues from advertising insertion revenue in the period in which the advertisement is displayed, provided that evidence of an
arrangement exists, the fees are fixed or determinable and collection of the resulting receivable is reasonably assured. If fixed-fee
advertising is displayed over a term greater than one month, revenues are recognized ratably over the period as described below.
The majority of insertion orders have terms that begin and end in a quarterly reporting period. In the cases where at the end of
a quarterly reporting period the term of an insertion order is not complete, the Company recognizes revenue for the period by pro-rating
the total arrangement fee to revenue and deferred revenue based on a measure of proportionate performance of its obligation under
the insertion order. The Company measures proportionate performance by the number of placements delivered and undelivered as of
the reporting date.



Recent Accounting Pronouncements



The Financial
Accounting Standards Board (“FASB”) has issued Accounting Standards Update (“ASU”) No. 2015-01 “Simplifying
Income Statement Presentation by Eliminating the Concept of Extraordinary Items”. The objective is to reduce the cost and
complexity of income statement presentation by eliminating the concept of extraordinary items while maintaining or improving the
usefulness of the information provided to the users of financial statements. The extraordinary items must meet two criteria: unusual
nature and infrequency of occurrence. If an event or transaction meets the criteria for extraordinary classification, an entity
is required to segregate the extraordinary item from the results of ordinary operations and show the item separately in the income
statement, net of tax, after income from continuing operations. The entity also is required to disclose applicable income taxes
and either. This amendment will be effective for annual periods, and interim periods within those annual periods, beginning after
December 15, 2015. The Board decided to permit early adoption provided that the guidance is applied from the beginning of the fiscal
year of adoption.



The FASB has issued
ASU No. 2015-03 “Simplifying the Presentation of Debt Issuance Costs”. The objective is to require that debt issuance
costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of
that debt liability, consistent with debt discounts. The recognition and measurement guidance for debt issuance costs are not affected
by the amendments in this update. For public business entities, the amendments in this update are effective for financial statements
issued for fiscal years beginning after December 15, 2015, and interim periods within those fiscal years. For all other entities,
the amendments in this update are effective for financial statements issued for fiscal years beginning after December 15, 2015,
and interim periods within fiscal years beginning after December 15, 2016. Early adoption of the amendments in this update is permitted
for financial statements that have not been previously issued.



The FASB has issued
ASU No. 2015-05 “Intangibles-Goodwill and Other-Internal-Use Software”. The objective is to provide a guidance about
whether a cloud computing arrangement includes a software license. If a cloud computing arrangement includes a software license,
then the customer should account for the software license element of the arrangement consistent with the acquisition of other software
licenses. If a cloud computing arrangement does not include a software license, the customer should account for the arrangement
as a service contract. The amendment will not change GAAP for a customer accounting for service contracts. In addition, the guidance
in this update supersedes paragraph 350-40-25-16. Consequently, all software licenses within the scope of Subtopic 350-40 will
be accounted for consistent with other licenses of intangible assets. For public business entities, the FASB decided that the amendments
will be effective for annual periods, including interim periods within those annual periods, beginning after December 15, 2015.
For all other entities, the amendment will be effective for annual periods beginning after December 15, 2015, and interim periods
in annual periods beginning after December 15, 2016. Early adoption is permitted for all entities.





11






The FASB has issued
ASU No. 2015-07 “Topic 820, Fair Value Measurement”, which permits a reporting entity, as a practical expedient, to
measure the fair value of certain investments using the net asset value per share of the investment. The amendments in this update
remove the requirement to categorize within the fair value hierarchy all investments for which fair value is measured using the
net asset value per share practical expedient. The amendments also remove the requirement to make certain disclosures for all investments
that are eligible to be measured at fair value using the net asset value per share practical expedient. Rather, those disclosures
are limited to investments for which the entity has elected to measure the fair value using that practical expedient. The amendments
in this update apply to reporting entities that elect to measure the fair value of an investment within the related scope by using
the net asset value per share (or its equivalent) practical expedient.



The FASB has issued
No. 2015-10 “Technical Corrections and Improvements”, which aims to address feedback received from stakeholders on
the Codification and make improvements to GAAP. The amendments in this update represent changes to clarify the Codification, correct
unintended application of guidance, or make minor improvements to the Codification that are not expected to have a significant
effect on current accounting practice or create a significant administrative cost to most entities. Some of the amendments will
make the Codification easier to understand and apply by eliminating inconsistencies, providing needed clarifications, and improving
the presentation of guidance in the Codification. The amendments in this update will apply to all reporting entities within the
scope of the affected accounting guidance. The amendments in this update are effective for all entities for fiscal years, and interim
periods within those fiscal years, beginning after December 15, 2015. Early adoption is permitted.



The FASB has issued
No. 2015-11“Topic 330, Inventory”, which aims to simplify the measurement of inventory by changing the subsequent measurement
guidance from the lower of cost or market to the lower of cost and net realizable value for inventory within the scope of this
Update. The amendments in this update do not apply to inventory that is measured using last-in, first-out (LIFO) or the retail
inventory method. The amendments apply to all other inventory, which includes inventory that is measured using first-in, first-out
(FIFO) or average cost. An entity should measure inventory within the scope of this Update at the lower of cost and net realizable
value. Subsequent measurement is unchanged for inventory measured using LIFO or the retail inventory method. For public business
entities, the amendments in this update are effective for fiscal years beginning after December 15, 2016, including interim periods
within those fiscal years. For all other entities, the amendments in this update are effective for fiscal years beginning after
December 15, 2016, and interim periods within fiscal years beginning after December 15, 2017.



The FASB has issued
No. 2015-14“Topic 606, Revenue from Contracts with Customers”, which aims to respond to stakeholders’ requests
to defer the effective date of the guidance in Update 2014-09 and to consider feedback received through extensive outreach with
preparers, practitioners, and users of financial statements. The amendments in this update defer the effective date of Update 2014-09
for all entities by one year. Public business entities, certain not-for-profit entities, and certain employee benefit plans should
apply the guidance in Update 2014-09 to annual reporting periods beginning after December 15, 2017, including interim reporting
periods within that reporting period. Earlier application is permitted only as of annual reporting periods beginning after December
15, 2016, including interim reporting periods within that reporting period.



The FASB has issued
No. 2015-15“Subtopic 835-30, Interest - Imputation of Interest”: Presentation and Subsequent Measurement of Debt Issuance
Costs Associated with Line-of-Credit Arrangements - Amendments to SEC Paragraphs Pursuant to Staff Announcement at June 18, 2015
EITF Meeting. This amendment adds SEC paragraphs pursuant to the SEC Staff Announcement at thereon June 18, 2015, Emerging Issues
Task Force meeting about the presentation and subsequent measurement of debt issuance costs associated with line-of-credit arrangements.





12






The FASB has issued
No. 2015-16“Topic 805, Business Combinations”: Simplifying the Accounting for Measurement-Period Adjustments, which
aims to identify, evaluate, and improve areas of generally accepted accounting principles (GAAP) for which cost and complexity
can be reduced while maintaining or improving the usefulness of the information provided to users of financial statements. The
amendments in this Update require that an acquirer recognize adjustments to provisional amounts that are identified during the
measurement period in the reporting period in which the adjustment amounts are determined. The amendments in this Update require
that the acquirer record, in the same period’s financial statements, the effect on earnings of changes in depreciation, amortization,
or other income effects, if any, as a result of the change to the provisional amounts, calculated as if the accounting had been
completed at the acquisition date. The amendments in this Update require an entity to present separately on the face of the income
statement or disclose in the notes the portion of the amount recorded in current-period earnings by line item that would have been
recorded in previous reporting periods if the adjustment to the provisional amounts had been recognized as of the acquisition date.
For public business entities, the amendments in this Update are effective for fiscal years beginning after December 15, 2015, including
interim periods within those fiscal years. For all other entities, the amendments in this Update are effective for fiscal years
beginning after December 15, 2016, and interim periods within fiscal years beginning after December 15, 2017.



The FASB has issued
No. 2015-17“Topic 740, Income Taxes”: Balance Sheet Classification of Deferred Taxes, which aims to identify, evaluate,
and improve areas of generally accepted accounting principles (GAAP) for which cost and complexity can be reduced while maintaining
or improving the usefulness of the information provided to users of financial statements. The amendments in this Update require
that deferred tax liabilities and assets be classified as noncurrent in a classified statement of financial position. The amendments
in this Update apply to all entities that present a classified statement of financial position. The current requirement that deferred
tax liabilities and assets of a tax-paying component of an entity be offset and presented as a single amount is not affected by
the amendments in this Update. The amendments in this Update will align the presentation of deferred income tax assets and liabilities
with International Financial Reporting Standards (IFRS). For public business entities, the amendments in this Update are effective
for financial statements issued for annual periods beginning after December 15, 2016, and interim periods within those annual periods.
For all other entities, the amendments in this Update are effective for financial statements issued for annual periods beginning
after December 15, 2017, and interim periods within annual periods beginning after December 15, 2018. Earlier application is permitted
for all entities as of the beginning of an interim or annual reporting period.



Other accounting standards
that have been issued or proposed by the FASB or other standards-setting bodies that do not require adoption until a future date
are not expected to have a material impact on the Company’s consolidated financial statements upon adoption.



Tabular Disclosure of Contractual Obligations



This information is not required of smaller
reporting companies.





|ITEM 7A. | QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK
|-------- | ----------------------------------------------------------



This information is not required of smaller
reporting companies.





|ITEM 8. | FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA
|------- | -------------------------------------------



The financial statements to be provided
in this Annual Report on Form 10-K are included following Part IV, Item 15, commencing on page F-1.





13






Summarized Quarterly Data (unaudited)



The following table
summarizes our quarterly results of operations for the year ended December 31, 2015:



|                                                      |  | Quarter ended March 31, 2015 |             |   | Quarter ended June 30, 2015 |  |             | Quarter ended September 30, 2015 |  |  | Quarter ended December 31, 2015 |  
|----------------------------------------------------- |  | ---------------------------- | ----------- | - | --------------------------- |  | ----------- | -------------------------------- |  |  | ------------------------------- | -
|Revenue                                               |  |                              | 2,073       |   |                             |  | 2,073       |                                  |  |  | 2,073                           |  
|Loss from operations                                  |  |                              | (16,175     | ) |                             |  | (15,729     | )                                |  |  | (26,113                         | )
|Interest income                                       |  |                              | –           |   |                             |  | –           |                                  |  |  | –                               |  
|Loss before provision for income taxes                |  |                              | (14,102     | ) |                             |  | (13,656     | )                                |  |  | (24,040                         | )
|Provision for income 	taxes                           |  |                              | –           |   |                             |  | –           |                                  |  |  | –                               |  
|Net Loss                                              |  |                              | (14,102     | ) |                             |  | (13,656     | )                                |  |  | (24,040                         | )
|Weighted average shares outstanding basic and diluted |  |                              | 144,542,831 |   |                             |  | 144,542,831 |                                  |  |  | 144,542,831                     |  
|Basic and diluted net 	loss per share                 |  |                              | (0.00       | ) |                             |  | (0.00       | )                                |  |  | (0.00                           | )





|ITEM 9. | CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE.
|------- | -------------------------------------------------------------------------------------



None.





|ITEM 9A. | CONTROLS AND PROCEDURES
|-------- | -----------------------



Disclosure Controls and Procedures



We have established
disclosure controls and procedures to ensure that material information relating to us is made known to the officers who certify
our financial reports and to other members of senior management and the Board of Directors.



A control system, no
matter how well conceived and operated, can provide only reasonable, not absolute, assurance that the objectives of the control
system are met. Because of the inherent limitations in all control systems, no evaluation of controls can provide absolute assurance
that all control issues and instances of fraud, if any, within a company have been detected. Our disclosure controls and procedures
are designed to provide reasonable assurance of achieving its objectives. Based upon their evaluation as of December 31, 2015,
our Principal Executive and Principal Financial and Accounting Officer have concluded that our disclosure controls and procedures
(as defined in Rules 13a-15(e) and 15d-15(e) under the Securities Exchange Act of 1934) are effective at that reasonable assurance
level.



Management's Report on Internal Control Over Financial Reporting



Under the supervision
and with the participation of our management, including our Principal Executive Officer and our Principal Financial and Accounting
Officer, we conducted an evaluation of the effectiveness of our internal control over financial reporting based on the criteria
established in Internal Control – Integrated Framework issued by the Committee of Sponsoring Organizations of the
Treadway Commission (“COSO”). Based on our evaluation under the criteria established in Internal Control –
Integrated Framework, our management concluded that our internal control over financial reporting was effective as of December
31, 2015.





14






This Annual Report
does not include an attestation report of our registered public accounting firm regarding internal control over financial reporting.
Management’s report was not subject to attestation by our registered public accounting firm pursuant to rules of the Securities
and Exchange Commission that permit smaller reporting companies to provide only management’s report in this Annual Report.



Changes in Internal Control Over Financial Reporting



There has been no change in our internal
control over financial reporting that has materially affected, or is reasonably likely to materially affect, our internal control
over financial reporting during the most recently completed fiscal quarter.





|ITEM 9B. | OTHER INFORMATION
|-------- | -----------------



On
February 4, 2016, Mi1 Global Limited (“Mi1”) formerly known as: Abina Holding Incorporation purchased a total of 91,556,491
common shares of Domain Extremes Inc. (the “Company”) at US$0.00074 per share, representing 51% of the Company’s
outstanding common shares. The shares were purchased for cash from the following persons:





|Name                    |  | Number of shares |           
|----------------------- |  | ---------------- | ----------
|                        |  |                  |           
|Promula Trading Limited |  |                  | 42,230,345
|HUANG Runpeng           |  |                  | 3,100,000 
|Wai Yin Phoebe NG       |  |                  | 4,749,828 
|Wai Leong TANG          |  |                  | 5,903,678 
|Francis BOK             |  |                  | 9,710,864 
|Stephen TANG            |  |                  | 23,921,391
|Shuk Har LAI            |  |                  | 1,940,385 





Mi1
is a limited liability company registered in the Republic of Vanuatu. Mi1 is owned by its directors, Mr. LIM Kock Chiang (80%)
and Mr. KOK Seng Yeap (20%). Mr. LIM Kock Chiang and Mr. KOK Seng Yeap provided the financing to Mi1 to purchase the Company’s
shares. The financing is interest free and has no definite repayment schedule.



There
is no agreement between Mi1 and its owners and the former Company stockholders regarding election of directors or any other matters.

















15






PART III

|ITEM 10. | DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE.
|-------- | -------------------------------------------------------



The following table sets forth information
regarding our executive officers and directors as of December 31, 2015.



|Name           |  | Age |  | Position                                         
|-------------- |  | --- |  | -------------------------------------------------
|               |  |     |  |                                                  
|Francis Bok    |  | 49  |  | Director, President (principal executive officer)
|Stephen Tang   |  | 63  |  | Director, Treasurer (principal financial officer)
|Huang Run Peng |  | 53  |  | Director                                         
|Wu Cai Xia     |  | 49  |  | Director                                         



Francis Bokhas served
as our President and Chairman of our board of directors since our inception in January 2006. In addition, since June 2005, Mr.
Bok also serves as chief executive officer of Beyond IVR Limited, an information technology company providing tailor-made telecommunications
solutions and telephone servicing, based in Hong Kong. During 2004, Mr. Bok served as assistant manager for Kactus Limited, a Hong
Kong-based content and applications provider for mobile handsets. From 2002 until 2004, Mr. Bok was the manager, solutions services,
for Continuous Technologies International Limited in Hong Kong, which provides CRM solutions, project management and system integration
services. Mr. Bok received his B.Math in Mathematics in 1993 from the University of Waterloo, Canada, a Master of Science in 1997
from the University of Hong Kong, and an MBA in 2000 from the City University of Hong Kong.



Stephen Tang has served
as a Director and Treasurer of the Company since January 2006. Mr. Tang has served as the chairman of Mega Pacific Capital, Inc.,
a finance and investment consulting firm, serving Asian companies, since 2005. Since 2007, he has also served as the chief operating
officer of Viasa Gem Fund Ltd., Pty, a private investment holding company. From 2003 to 2005, Mr. Tang was a director and chairman
of Sancon Resources Recovery, Inc., an environmental service company specializing in the collection, processing and selling or
reprocessed materials. From April 2008 through March 2009, Mr. Tang served as a director of The Hartcourt Companies. Mr. Tang received
his Bachelor’s degree in Business Administration from Hong Kong Baptist University in 1974 and his MBA from the Asian Institute
of Management in Manila, Philippines, in 1976.



Huang Run Penghas
served as a Director of the Company since February 2012. Mr. Huang has served as the president of the board of the Promula Trading
Limited and the president of Tianjin Rongtian Equity Investment Fund Management Co., Ltd., a Chinese fund manager, since 2011.
From 2005 to 2008, Mr. Huang was a factory director of Pengda Stainless Steel Products Factory.



WuCai Xiahas served
as a Director of the Company since February 2012. Ms. Wu has served as general manager of the Promula Trading Limited and the general
manager of Tianjin Rongtian Equity Investment Fund Management Co., Ltd. since 2010. From 2009 to 2010, Ms. Wu was a training business
manager of China Telecom Company in Xinxiang. From 2005 to 2009, Ms. Wu was a senior director of operations of Ping An Insurance
Company.



Family Relationships



There are no family relationships among
any of our directors or executive officers.



Legal Proceedings



During the past ten years, none of our directors,
executive officers or control persons have been involved in any of the following events:



| | • | any bankruptcy petition filed by or against any business of which such person was an executive officer either at the time of the bankruptcy or within two years prior to that time;
| | - | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------





16






| | • | any conviction in a criminal proceeding or being subject to a pending criminal proceeding (excluding traffic violations and other minor offenses);
| | - | --------------------------------------------------------------------------------------------------------------------------------------------------



| | • | being subject to any order, judgment, or decree, not subsequently reversed, suspended or vacated, of any court of competent jurisdiction, permanently or temporarily enjoining, barring, suspending or otherwise limiting his involvement in any type of business, securities or banking activities;
| | - | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | • | being found by a court of competent jurisdiction (in a civil action), the Securities and Exchange Commission or the Commodity Futures Trading Commission to have violated a federal or state securities or commodities law, and the judgment has not been reversed, suspended, or vacated;
| | - | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | • | any judicial or administrative proceedings resulting from involvement in mail or wire fraud or fraud in connection with any business entity;
| | - | --------------------------------------------------------------------------------------------------------------------------------------------



| | • | any judicial or administrative proceedings based on violations of federal or state securities, commodities, banking or insurance laws and regulations, or any settlement to such actions (other than settlements of civil proceedings among private parties); and
| | - | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | • | any disciplinary sanctions or orders imposed by a stock, commodities or derivatives exchange or other self-regulatory organization.
| | - | -----------------------------------------------------------------------------------------------------------------------------------



Code of Ethics



We have adopted a written Code of Ethics
that applies to all of our officers, directors and employees, including our principal executive officer and principal financial
officer, or persons performing similar functions. Our Code of Ethics is also published on our website www.domainextremes.com.
We will make a copy of our Code of Ethics available to anyone upon written request.



Board Nominations



There have been no material changes to the
Company’s procedures by which stockholders may recommend nominees to the Board of Directors.



Audit Committee Matters



The Company does not have a formal Audit
Committee. All matters are handled by the Board of Directors.



Section 16(a) Beneficial Ownership Reporting
Compliance



Section 16(a) of the Securities Exchange
Act of 1934 requires our officers, directors and persons who own more than ten percent of a registered class of our equity securities
to file reports of ownership and changes in ownership with the Securities and Exchange Commission. Officers, directors and ten
percent stockholders are required by regulation to furnish us with copies of all Section 16(a) forms they file. Based solely on
copies of such forms received or written representations from certain reporting persons that no Form 5s were required for those
persons, we believe that, during the fiscal year ended December 31, 2015, all filing requirements applicable to our officers, directors
and greater than ten percent beneficial owners were complied with.





|ITEM 11. | EXECUTIVE COMPENSATION
|-------- | ----------------------



From November 8, 2011, we pay directors’
fees to Mr. Francis Bok and Mr. Stephen Tang of $1,000 per month and $2,500 per month, respectively. From February 7, 2012 to March
31, 2014, we pay directors’ fees to Mr. Huang Run Peng and Ms. Wu Cai Xia of $1,000 each per month. Our directors’
fees are paid in cash or stock at the option of the Company.





17






Executive Officers



Neither Mr. Bok (the Principal Executive
Officer) nor Mr. Tang (the Principal Financial Officer) have received compensation in the form of cash for their management services
to the Company since our inception; however, each has received cash or share-based compensation in lieu of cash for services as
directors as set forth in the Summary Compensation Table below. Future compensation of officers will be determined by the Board
of Directors based upon our financial condition and performance, our financial requirements, and individual performance of each
officer.



We do not have an employment agreement with
Mr. Bok or Mr. Tang. Further, we have no compensatory plans or arrangements, including payments to be received from the Company,
with respect to either Executive Officer or any other of our employees, which would in any way result in payments to any such person
because of resignation, retirement or other termination of such person's employment with us, or any change in control of the Company,
or a change in the person's responsibilities following such a change in control.



No retirement, pension, profit sharing,
stock option or insurance programs or other similar programs have been adopted by us for the benefit of our executive officers
and employees.



Directors



Pursuant to our bylaws, our directors
are eligible to be reimbursed for their actual out-of-pocket expenses incurred in attending board meetings and other director functions,
as well as fixed fees and other compensation to be determined by our board of directors. The fixed fee is determined by the Board
of Directors from time to time.In 2014 and 2015, we paid cash compensation to our directors for services as directors as
set forth in the Summary Compensation Table below. Mr. Tang’s reimbursed expenses were $7,221 in 2015.



Summary
Compensation Table(1)



|Name and Principal Position                                         |  | Director Fees ($) |           |  | All other compensation ($) |  |   | Total($) | 
|------------------------------------------------------------------- |  | ----------------- | --------- |  | -------------------------- |  | - | -------- | 
|Francis Bok [President (principal executive officer) and Director]  |  |                   |           |  |                            |  |   |          | 
|2014                                                                |  |                   | 12,000.00 |  |                            |  | – |          | 
|2015                                                                |  |                   | 12,000.00 |  |                            |  | – |          | 
|Stephen Tang [Treasurer (principal financial officer) and Director] |  |                   |           |  |                            |  |   |          | 
|2014                                                                |  |                   | 30,000.00 |  |                            |  | – |          | 
|2015                                                                |  |                   | 30,000.00 |  |                            |  | – |          | 
|Huang Run Peng (Director)                                           |  |                   |           |  |                            |  |   |          | 
|2014                                                                |  |                   | 3,000.00  |  |                            |  | – |          | 
|2015                                                                |  |                   | –         |  |                            |  | – |          | 
|Wu Cai Xia (Director)                                               |  |                   |           |  |                            |  |   |          | 
|2014                                                                |  |                   | 3,000.00  |  |                            |  | – |          | 
|2015                                                                |  |                   | –         |  |                            |  | – |          | 



(1) Mr. Bok, Mr. Tang, Mr. Huang and Ms. Wu did
not receive any salary, bonus, stock awards, option awards, non-equity incentive compensation earnings, or nonqualified deferred
compensation earnings in 2014 or 2015. Amounts received as “Directors' Fees” reflect the dollar value of cash received
in 2014 and 2015.



Compensation Committee Interlocks and Insider Participation;
Compensation Committee Report



This information is not required of smaller
reporting companies.





18






|ITEM 12. | SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS
|-------- | ----------------------------------------------------------------------------------------------



The following table sets forth certain
information regarding the beneficial ownership of our common stock as of December 31, 2015. The information in this table provides
the ownership information for:



| | • | each person known by us to be the beneficial owner of more than 5% of our common stock;
| | - | ---------------------------------------------------------------------------------------



| | • | each of our directors and executive officers; and
| | - | -------------------------------------------------



| | • | all of our directors and executive officers as a group.
| | - | -------------------------------------------------------



Beneficial ownership has been determined
in accordance with the rules and regulations of the SEC and includes voting or investment power with respect to our common stock
and those rights to acquire additional shares within sixty days. Unless otherwise indicated, the persons named in the table below
have sole voting and investment power with respect to the number of shares of common stock indicated as beneficially owned by them,
except to the extent such power may be shared with a spouse. Common stock beneficially owned and percentage ownership are based
on 179,522,531shares of common stock currently outstanding and no additional shares potentially acquired within sixty days.



|Name and address of beneficial owner (1)                                                  |  | Amount and nature of beneficial ownership |             |     | Percent of Class | 
|----------------------------------------------------------------------------------------- |  | ----------------------------------------- | ----------- | --- | ---------------- | 
|                                                                                          |  |                                           |             |     |                  | 
|Huang Run Peng 305 Car Po Comm. Building 18-20 Lyndhurst Terrace Central, Hong Kong       |  |                                           | 121,533,936 | (2) |                  | 
|                                                                                          |  |                                           |             |     |                  | 
|Wu Cai Xia 305 Car Po Comm. Building 18-20 Lyndhurst Terrace Central, Hong Kong           |  |                                           | 121,033,936 | (3) |                  | 
|                                                                                          |  |                                           |             |     |                  | 
|Promula Trading Ltd. 305 Car Po Comm. Building 18-20 Lyndhurst Terrace Central, Hong Kong |  |                                           | 118,433,936 |     |                  | 
|                                                                                          |  |                                           |             |     |                  | 
|Stephen Tang                                                                              |  |                                           | 23,921,391  |     |                  | 
|                                                                                          |  |                                           |             |     |                  | 
|Francis Bok                                                                               |  |                                           | 9,710,864   |     |                  | 
|                                                                                          |  |                                           |             |     |                  | 
|Directors and Officers as a group (two persons)                                           |  |                                           | 33,632,255  |     |                  | 



(1) Except where otherwise noted, the address of each person
is 602 Nan Fung Tower, 173 Des Voeux Road Central, Central District, Hong Kong.



(2) Includes 3,100,000 shares of common stock over which Mr.
Huang has sole investment and voting control, and 118,433,936 shares of common stock held by Promula Trading Limited, which Mr.
Huang may be deemed to own beneficially.



(3) Includes 2,600,000 shares of common stock over which Ms.
Wu has sole investment and voting control, and 118,433,936 shares of common stock held by Promula Trading Limited, which Ms. Wu
may be deemed to own beneficially.





19






Change of Control Arrangements



None.



Securities Authorized for Issuance Under
Equity Compensation Plans



None.





|ITEM 13. | CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, AND DIRECTOR INDEPENDENCE
|-------- | -------------------------------------------------------------------------



Our directors have advanced funds on an
interest-free basis, with no maturity date, from inception for working. Amounts advanced totaled $38,761 in 2015 and $279,103 in
2014. In 2014, Mr. Huang and Ms. Wu advanced amounts for director fee; Mr. Bok and Mr. Tang advanced amounts for cash, director
fee, legal fees, professional service fees and transfer agent fees. Promula Trading Limited, which is owned by Mr. Huang and Ms.
Wu advanced amounts for cash. In 2015, Mr. Bok and Mr. Tang advanced amounts for cash, director fee, professional service fees
and transfer agent fees.



As of the date of this Annual Report, we
have no standing committees and our entire board of directors serves as our audit and compensation committees. We have determined
that none of our directors are independent based on an analysis of the standards for independence set forth in Section 121A of
the American Stock Exchange Company Guide. If we undertake to qualify our common stock for quotation in the over-the-counter market,
we may need to ensure we meet any eligibility requirements with respect to independent directors.





|ITEM 14. | PRINCIPAL ACCOUNTANT FEES AND SERVICES.
|-------- | ---------------------------------------



On April 14, 2014,
we appointed AWC (CPA) Limited (formerly known as Albert Wong & Co.) to be our principal accountant. The following is a summary
of fees paid to our principal accountant for services rendered.



Audit Fees



During the year ended
December 31, 2015, we paid our principal accountants $3,718 in connection with our annual audit for the year ended December 31,
2014 and the review of our Quarterly Reports on Form 10-Q. The fee for the audit of the financial statements included in this Annual
Report on Form 10-K for the fiscal year ended December 31, 2015 is $1,923. The aggregate of such fees is $5,641.



Audit-Related Fees



We did not receive
audit-related services that are not reported as Audit Fees for the year ended December 31, 2015.



Tax Fees



During fiscal 2015,
our principal accountant did not render services to us for tax compliance, tax advice and tax planning.



All Other Fees



During fiscal 2015,
there were no fees billed for products and services provided by the principal accountant other than those set forth above.



Audit Committee Approval



We do not have a formal
audit committee. Our Board of Directors pre-approved all of the foregoing services.





20






PART IV



|ITEM 15. | EXHIBITS, FINANCIAL STATEMENT SCHEDULES
|-------- | ---------------------------------------



(a) The following Exhibits are filed as
part of this report.



|Exhibit No. | Description                                             
|----------- | --------------------------------------------------------
|            |                                                         
|3.1         | Articles of Incorporation, as amended as of May 4, 2009*



|3.2 | By-laws, as currently in effect*
|--- | --------------------------------



|10.1 | Financial Consulting Services Agreement, dated as of January 1, 2007, by and among Mega Pacific Capital Inc. and Domain Extremes Inc.*
|---- | --------------------------------------------------------------------------------------------------------------------------------------



|10.2 | Project Agreement, dated January 11, 2008, between Domain Extremes
        Inc. and Guangzhou Sunnasia Digital Technology Co. Ltd.*
|---- | -----------------------------------------------------------------------------------------------------------------------------------



|14.1 | Code of Business Conduct and Ethics*
|---- | ------------------------------------



|31.1 | Certification of President                                                                                        
|---- | ------------------------------------------------------------------------------------------------------------------
|     |                                                                                                                   
|31.2 | Certification of Treasurer                                                                                        
|     |                                                                                                                   
|32.1 | Statement required by 18 U.S.C. Section 1350, as adopted pursuant to section 906 of the Sarbanes-Oxley Act of 2002
|     |                                                                                                                   
|32.2 | Statement required
by 18 U.S.C. Section 1350, as adopted pursuant to section 906 of the Sarbanes-Oxley Act of 2002



|101.INS** | XBRL Instance Document+                                
|--------- | -------------------------------------------------------
|          |                                                        
|101.SCH** | XBRL Taxonomy Extension Schema Document+               
|          |                                                        
|101.CAL** | XBRL Taxonomy Extension Calculation Linkbase Document+ 
|          |                                                        
|101.DEF** | XBRL Taxonomy Extension Definition Linkbase Document+  
|          |                                                        
|101.LAB** | XBRL Taxonomy Extension Label Linkbase Document+       
|          |                                                        
|101.PRE** | XBRL Taxonomy Extension Presentation Linkbase Document+





|*  | Incorporated by reference
to the Registrant’s Registration Statement on Form 10, dated August 3, 2009, SEC File No. 000-5379.                                                                                                                                                                                                                                                                                
|-- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|   |                                                                                                                                                                                                                                                                                                                                                                                                              
|** | Pursuant to Rule 406T of Regulation S-T, the interactive files on Exhibit 101 hereto are deemed not filed or part of a registration statement or prospectus for purposes of Sections 11 or 12 of the Securities Act of 1933, as amended, are deemed not filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, and otherwise are not subject to liability under those sections.
|   |                                                                                                                                                                                                                                                                                                                                                                                                              
|+  | To be filed or furnished by amendment                                                                                                                                                                                                                                                                                                                                                                        













21






DOMAIN EXTREMES INC.

(A CORPORATION IN THE DEVELOPMENT STAGE)



FINANCIAL STATEMENTS

FOR THE YEARS ENDED DECEMBER 31, 2015 AND
2014

AND INDEPENDENT AUDITORS’ REPORT



(Stated in US Dollars)









INDEX TO FINANCIAL
STATEMENTS



|                                                        | PAGES     
|------------------------------------------------------- | ----------
|                                                        |           
|REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM | F-2       
|                                                        |           
|BALANCE SHEETS                                          | F-3       
|                                                        |           
|STATEMENTS OF OPERATIONS                                | F-4       
|                                                        |           
|STATEMENTS OF STOCKHOLDERS’ EQUITY                      | F-5       
|                                                        |           
|STATEMENTS OF CASH FLOWS                                | F-6       
|                                                        |           
|NOTES TO FINANCIAL STATEMENTS                           | F-7 – F-18















F-1








REPORT OF INDEPENDENT REGISTERED PUBLIC
ACCOUNTING FIRM







|To: | The board of directors and stockholders of Domain Extremes Inc.
|--- | ---------------------------------------------------------------



Report of Independent Registered Public
Accounting Firm



We have audited the accompanying balance
sheets of Domain Extremes Inc., a development stage company, ("the Company") as of December 31, 2015 and 2014 and the
related statements of operations, stockholders' equity and cash flows for the year ended December 31, 2015 and 2014 as well as
the period from January 23, 2006 (date of inception) to December 31, 2015. These financial statements are the responsibility of
the Company's management. Our responsibility is to express an opinion on these financial statements based on our audit.



We conducted our audit in accordance with
standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the
audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes
examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes
assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial
statement presentation. We believe that our audits provide a reasonable basis for our opinion.



We were not engaged to examine management’s
assertion about the effectiveness of the Company’s internal control over financial reporting as of December 31, 2015 included
in the Company’s Item 9A “Controls and Procedures” in the Annual Report on Form 10-K and, accordingly, we do
not express an opinion thereon.



In our opinion, the financial statements
referred to above present fairly, in all material respects, the financial position of the Company as of December 31, 2015 and 2014
and the results of its operations and its cash flows for the year ended December 31, 2015 and 2014 as well as the period from January
23, 2006 (date of inception) to December 31, 2015 in conformity with accounting principles generally accepted in the United States
of America.



The Company's financial statements are
prepared using the generally accepted accounting principles applicable to a going concern, which contemplates the realization of
assets and liquidation of liabilities in the normal course of business. The Company has deficits accumulated as at December 31,
2015 of $583,451 including net losses of $74,008 for the year ended December 31, 2015. These factors, as discussed in Note 1 to
the financial statements, raise substantial doubt about the Company's ability to continue as a going concern. Management's plans
in regard to these matters are also described in Note 1. The financial statements do not include any adjustments that might result
from the outcome of this uncertainty.



|                 | /s/ AWC (CPA) Ltd.          
|---------------- | ----------------------------
|Hong Kong, China | AWC (CPA) Ltd.              
|March 30, 2016   | Certified Public Accountants







F-2






DOMAIN EXTREMES INC.

(A DEVELOPMENT STAGE COMPANY)



BALANCE SHEETS

(Stated in US Dollars)





|                                                                                                                                                                                        |  |       |   |  | At December 31, | 
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |  | ----- | - |  | --------------- | 
|                                                                                                                                                                                        |  | Notes |   |  | 2015            | 
|                                                                                                                                                                                        |  |       |   |  | $               | 
|ASSETS                                                                                                                                                                                  |  |       |   |  |                 | 
|Current Asset :                                                                                                                                                                         |  |       |   |  |                 | 
|Cash and cash equivalents                                                                                                                                                               |  |       |   |  |                 | 
|Prepaid expenses and other receivables                                                                                                                                                  |  |       | 6 |  |                 | 
|                                                                                                                                                                                        |  |       |   |  |                 | 
|Total Current Asset                                                                                                                                                                     |  |       |   |  |                 | 
|                                                                                                                                                                                        |  |       |   |  |                 | 
|Non-Current Asset :                                                                                                                                                                     |  |       |   |  |                 | 
|Plant and equipment                                                                                                                                                                     |  |       |   |  |                 | 
|                                                                                                                                                                                        |  |       |   |  |                 | 
|Total Non-Current Assets                                                                                                                                                                |  |       |   |  |                 | 
|                                                                                                                                                                                        |  |       |   |  |                 | 
|TOTAL ASSETS                                                                                                                                                                            |  |       |   |  |                 | 
|                                                                                                                                                                                        |  |       |   |  |                 | 
|LIABILITIES AND STOCKHOLDERS’ DEFICIT                                                                                                                                                   |  |       |   |  |                 | 
|                                                                                                                                                                                        |  |       |   |  |                 | 
|LIABILITIES                                                                                                                                                                             |  |       |   |  |                 | 
|Current Liabilities :                                                                                                                                                                   |  |       |   |  |                 | 
|Accrued expenses and other payables                                                                                                                                                     |  |       | 7 |  |                 | 
|Advance from related parties                                                                                                                                                            |  |       | 8 |  |                 | 
|                                                                                                                                                                                        |  |       |   |  |                 | 
|Total Current Liabilities                                                                                                                                                               |  |       |   |  |                 | 
|                                                                                                                                                                                        |  |       |   |  |                 | 
|TOTAL LIABILITIES                                                                                                                                                                       |  |       |   |  |                 | 
|                                                                                                                                                                                        |  |       |   |  |                 | 
|STOCKHOLDERS’ (DEFICIT)/EQUITY                                                                                                                                                          |  |       |   |  |                 | 
|Common stock par value: US$0.001
    Authorized: 200,000,000 shares (2014 – 200,000,000 shares) 
    Issued and outstanding: 2015 – 179,522,531 shares 
    (2014 – 144,542,831 shares) |  |       | 5 |  |                 | 
|Additional paid-in-capital                                                                                                                                                              |  |       |   |  |                 | 
|Deficit accumulated during the development stage                                                                                                                                        |  |       |   |  |                 | 
|                                                                                                                                                                                        |  |       |   |  |                 | 
|TOTAL STOCKHOLDERS’ (DEFICIT)/EQUITY                                                                                                                                                    |  |       |   |  |                 | 
|                                                                                                                                                                                        |  |       |   |  |                 | 
|TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY                                                                                                                                              |  |       |   |  |                 | 



See accompanying
notes to financial statements



F-3






DOMAIN EXTREMES INC.

(A DEVELOPMENT STAGE COMPANY)



STATEMENTS OF OPERATIONS

(Stated in US Dollars)





|                                                                                |  |       |   |  | For the year ended December 31, 2015 |  |             | For the year ended December 31, 2014 |  |  | For the period January 23, 2006 (inception) through December 31, 2015 |  
|------------------------------------------------------------------------------- |  | ----- | - |  | ------------------------------------ |  | ----------- | ------------------------------------ |  |  | --------------------------------------------------------------------- | -
|                                                                                |  | Notes |   |  | $                                    |  |             | $                                    |  |  | $                                                                     |  
|Net sales                                                                       |  |       |   |  |                                      |  | 8,292       |                                      |  |  | 7,615                                                                 |  
|Cost of sales                                                                   |  |       |   |  |                                      |  | –           |                                      |  |  | –                                                                     |  
|                                                                                |  |       |   |  |                                      |  |             |                                      |  |  |                                                                       |  
|Gross Profit                                                                    |  |       |   |  |                                      |  | 8,292       |                                      |  |  | 7,615                                                                 |  
|Impairment loss of long-term investment                                         |  |       |   |  |                                      |  | –           |                                      |  |  | –                                                                     |  
|Impairment loss of intangible assets                                            |  |       |   |  |                                      |  | –           |                                      |  |  | –                                                                     |  
|Other operating income                                                          |  |       | 3 |  |                                      |  | –           |                                      |  |  | –                                                                     |  
|Administrative and other operating expenses, including share based compensation |  |       |   |  |                                      |  | (82,300     | )                                    |  |  | (75,068                                                               | )
|                                                                                |  |       |   |  |                                      |  |             |                                      |  |  |                                                                       |  
|Operating loss before income taxes                                              |  |       |   |  |                                      |  | (74,008     | )                                    |  |  | (67,453                                                               | )
|Income taxes                                                                    |  |       | 4 |  |                                      |  | –           |                                      |  |  | –                                                                     |  
|                                                                                |  |       |   |  |                                      |  |             |                                      |  |  |                                                                       |  
|Net loss and comprehensive loss                                                 |  |       |   |  |                                      |  | (74,008     | )                                    |  |  | (67,453                                                               | )
|                                                                                |  |       |   |  |                                      |  |             |                                      |  |  |                                                                       |  
|Loss per share of common stock - Basic and
    diluted                          |  |       |   |  |                                      |  | (0.00       | )                                    |  |  | (0.00                                                                 | )
|                                                                                |  |       |   |  |                                      |  |             |                                      |  |  |                                                                       |  
|Weighted average shares of common stock - Basic and
    diluted                 |  |       |   |  |                                      |  | 148,951,232 |                                      |  |  | 144,542,831                                                           |  





See accompanying notes to financial statements



F-4








DOMAIN EXTREMES INC.

(A DEVELOPMENT STAGE COMPANY)



STATEMENTS OF STOCKHOLDERS’ EQUITY

(Stated in US Dollars)



|                                |  | Common stock |             |  | Additional
 Paid-in |  |         | Deficit accumulated during the
    development |  |  |         | 
|------------------------------- |  | ------------ | ----------- |  | ------------------- |  | ------- | ---------------------------------------------- |  |  | ------- | 
|                                |  | Share(s)     |             |  | Amount              |  |         | Capital                                        |  |  | stage   | 
|                                |  |              |             |  | $                   |  |         | $                                              |  |  | $       | 
|                                |  |              |             |  |                     |  |         |                                                |  |  |         | 
|Balance, December 31, 2013      |  |              | 144,542,831 |  |                     |  | 144,543 |                                                |  |  | 67,907  | 
|                                |  |              |             |  |                     |  |         |                                                |  |  |         | 
|Net loss and comprehensive loss |  |              | –           |  |                     |  | –       |                                                |  |  | –       | 
|                                |  |              |             |  |                     |  |         |                                                |  |  |         | 
|Balance, December 31, 2014      |  |              | 144,542,831 |  |                     |  | 144,543 |                                                |  |  | 67,907  | 
|                                |  |              |             |  |                     |  |         |                                                |  |  |         | 
|Issuance of common stock        |  |              | 34,979,700  |  |                     |  | 34,979  |                                                |  |  | 97,943  | 
|                                |  |              |             |  |                     |  |         |                                                |  |  |         | 
|Net loss and comprehensive loss |  |              | –           |  |                     |  | –       |                                                |  |  | –       | 
|                                |  |              |             |  |                     |  |         |                                                |  |  |         | 
|Balance, December 31, 2015      |  |              | 179,522,531 |  |                     |  | 179,522 |                                                |  |  | 165,850 | 





See accompanying notes to financial statements





F-5






DOMAIN EXTREMES INC.

(A DEVELOPMENT STAGE COMPANY)



STATEMENTS OF CASH FLOWS

(Stated in US Dollars)





|                                                     |  | For the year ended December 31, 2015 |          |   | For the year ended December 31, 2014 |  |         | For
the period January 23, 2006 (inception) through December 31, 2015 | 
|---------------------------------------------------- |  | ------------------------------------ | -------- | - | ------------------------------------ |  | ------- | --------------------------------------------------------------------- | 
|                                                     |  | $                                    |          |   | $                                    |  |         | $                                                                     | 
|Cash flows from operating activities:                |  |                                      |          |   |                                      |  |         |                                                                       | 
|Net loss and comprehensive loss                      |  |                                      | (74,008  | ) |                                      |  | (67,453 | )                                                                     | 
|Depreciation                                         |  |                                      | –        |   |                                      |  | –       |                                                                       | 
|Share based compensation                             |  |                                      | –        |   |                                      |  | –       |                                                                       | 
|Changes in current assets and liabilities            |  |                                      |          |   |                                      |  |         |                                                                       | 
|Prepaid expenses and other receivables               |  |                                      | 10,430   |   |                                      |  | –       |                                                                       | 
|Amount due to related parties                        |  |                                      | (69,445  | ) |                                      |  | 57,260  |                                                                       | 
|Accrued expenses and other payables                  |  |                                      | (3       | ) |                                      |  | 10,055  |                                                                       | 
|                                                     |  |                                      |          |   |                                      |  |         |                                                                       | 
|Net cash used in operating activities                |  |                                      | (133,026 | ) |                                      |  | (138    | )                                                                     | 
|                                                     |  |                                      |          |   |                                      |  |         |                                                                       | 
|Cash flows from financing activity:                  |  |                                      |          |   |                                      |  |         |                                                                       | 
|Issuance of share capital                            |  |                                      | 132,922  |   |                                      |  | –       |                                                                       | 
|                                                     |  |                                      |          |   |                                      |  |         |                                                                       | 
|Net cash provided by financing activity              |  |                                      | 132,922  |   |                                      |  | –       |                                                                       | 
|                                                     |  |                                      |          |   |                                      |  |         |                                                                       | 
|Cash flows from investing activity:                  |  |                                      |          |   |                                      |  |         |                                                                       | 
|Purchase of property, plant and equipment            |  |                                      | –        |   |                                      |  | –       |                                                                       | 
|                                                     |  |                                      |          |   |                                      |  |         |                                                                       | 
|Net cash used in investing activity                  |  |                                      | –        |   |                                      |  | –       |                                                                       | 
|                                                     |  |                                      |          |   |                                      |  |         |                                                                       | 
|Net (decrease)/increase in cash and cash equivalents |  |                                      | (104     | ) |                                      |  | (138    | )                                                                     | 
|                                                     |  |                                      |          |   |                                      |  |         |                                                                       | 
|Cash and cash equivalents at beginning of the year   |  |                                      | 143      |   |                                      |  | 281     |                                                                       | 
|                                                     |  |                                      |          |   |                                      |  |         |                                                                       | 
|Cash and cash equivalents at end of the year         |  |                                      | 39       |   |                                      |  | 143     |                                                                       | 
|                                                     |  |                                      |          |   |                                      |  |         |                                                                       | 
|Supplementary disclosures of cash flow information:  |  |                                      |          |   |                                      |  |         |                                                                       | 
|Interest paid                                        |  |                                      | –        |   |                                      |  | –       |                                                                       | 
|                                                     |  |                                      |          |   |                                      |  |         |                                                                       | 
|Income taxes paid                                    |  |                                      | –        |   |                                      |  | –       |                                                                       | 





See accompanying notes to financial statements



F-6






DOMAIN EXTREMES INC.

(A DEVELOPMENT STAGE COMPANY)



NOTES TO FINANCIAL STATEMENTS

(Stated in US Dollars)





| | 1. | Organization and nature of operations
| | -- | -------------------------------------



Domain Extremes Inc. (“the
Company”), a development stage company, was organized under the laws of the State of Nevada on January 23, 2006. The Company
is in the development stage as defined in Financial Accounting Standards Board (“FASB”) Accounting Standards Codification
(“ASC”) 915. Among the disclosures required by FASB ASC 915 are that the Company’s financial statements be identified
as those of a development stage company, and that the statements of earnings, retained earnings and stockholders’ equity
and cash flows disclose activity since the date of the Company’s inception. The fiscal year end is December 31.



| |  | The Company's financial statements have been presented on the basis that
it is a going concern, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of
business. The Company has not generated significant revenue since inception and has never paid any dividends and is unlikely to
pay dividends or generate significant earnings in the immediate or foreseeable future. Since January 23, 2006, the Company has
generated revenue of $90,445 and has incurred an accumulated deficit of $583,451.
| |  | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



The Company is currently devoting
its efforts to develop websites on the Internet and through which to generate advertising income.  The Company’s ability
to continue as a going concern is dependent upon its ability to develop additional sources of capital, develop websites, generate
advertising income, and ultimately, achieve profitable operations. The accompanying financial statements do not include any adjustments
that might result from the outcome of these uncertainties.



| | 2. | Summary of principal accounting policies
| | -- | ----------------------------------------



Basis of presentation



| |  | The accompanying financial statements of the Company have been prepared in accordance with
generally accepted accounting principles in the United States of America.                                                                                                                                                                                                                                                                                   
| |  | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
| |  |                                                                                                                                                                                                                                                                                                                                                                                                                                                        
| |  | Use of estimates                                                                                                                                                                                                                                                                                                                                                                                                                                       
| |  |                                                                                                                                                                                                                                                                                                                                                                                                                                                        
| |  | The preparation of the financial
statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that
affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial
statements, and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those
estimates.









F-7








DOMAIN EXTREMES INC.

(A DEVELOPMENT STAGE COMPANY)



NOTES TO FINANCIAL STATEMENTS

(Stated in US Dollars)





| | 2. | Summary of principal accounting policies (Continued)
| | -- | ----------------------------------------------------



Cash and cash equivalents



The Company considers all short-term
highly liquid investments that are readily convertible to known amounts of cash and have original maturities of three months or
less to be cash equivalents.



Impairment of long-lived assets



The Company accounts for the
impairment of long-lived assets, such as plant and equipment, leasehold land and intangible assets, under the provisions of FASB
Accounting Standard Codification Topic 360 (“ASC 360”) “Property, Plant and Equipment – Overall”
(formerly known as SFAS No. 144, “Accounting for the Impairment of Long-Lived Assets” (“SFAS 144”)). ASC
360 establishes the accounting for impairment of long-lived tangible and intangible assets other than goodwill and for the disposal
of a business. Pursuant to ASC 360, the Company periodically evaluates, at least annually, whether facts or circumstances
indicate that the carrying value of its depreciable assets to be held and used may not be recoverable. If such circumstances
are determined to exist, an estimate of undiscounted future cash flows produced by the long-lived asset, or the appropriate grouping
of assets, is compared to the carrying value to determine whether impairment exists. In the event that the carrying amount
of long-lived assets exceeds the undiscounted future cash flows, then the carrying amount of such assets is adjusted to their fair
value. The Company reports an impairment cost as a charge to operations at the time it is recognized.



Income taxes



The Company utilizes FASB Accounting
Standard Codification Topic 740 (“ASC 740”) “Income taxes” (formerly known as SFAS No. 109, "Accounting
for Income Taxes"), which requires the recognition of deferred tax assets and liabilities for the expected future tax consequences
of events that have been included in the financial statements or tax returns. Under this method, deferred income taxes are recognized
for the tax consequences in future years of differences between the tax bases of assets and liabilities and their financial reporting
amounts at each period end based on enacted tax laws and statutory tax rates applicable to the periods in which the differences
are expected to affect taxable income. Valuation allowances are established, when necessary, to reduce deferred tax assets to the
amount expected to be realized.









F-8






DOMAIN EXTREMES INC.

(A DEVELOPMENT STAGE COMPANY)



NOTES TO FINANCIAL STATEMENTS

(Stated in US Dollars)





| | 2. | Summary of principal accounting policies (Continued)
| | -- | ----------------------------------------------------



Income taxes (Continued)



ASC 740 “Income taxes”
(formerly known as Interpretation No. 48, Accounting for Uncertainty in Income Taxes, an interpretation of Statement of Financial
Accounting Standards No. 109 (“FIN 48”)) clarifies the accounting for uncertainty in tax positions. This interpretation
requires that an entity recognizes in the financial statements the impact of a tax position, if that position is more likely than
not of being sustained upon examination, based on the technical merits of the position. Recognized income tax positions are measured
at the largest amount that is greater than 50% likely of being realized. Changes in recognition or measurement are reflected in
the period in which the change in judgement occurs. The Company has elected to classify interest and penalties related to unrecognized
tax benefits, if and when required, as part of income tax expense in the statements of operations. The adoption of ASC 740 did
not have a significant effect on the financial statements.



Comprehensive income



The Company has adopted FASB Accounting
Standard Codification Topic 220 (“ASC 220”) “Comprehensive income” (formerly known as SFAS No. 130, “Reporting
Comprehensive Income”), which establishes standards for reporting and display of comprehensive income, its components and
accumulated balances. Accumulated other comprehensive income represents the accumulated balance of foreign currency translation
adjustments of the Company.



Stock-based compensation



The Company has adopted FASB Accounting
Standard Codification Topic 718 (“ASC 718”), ”Stock Compensation” (formerly known as SFAS 123(R), Share-Based
Payment), which requires the measurement and recognition of compensation expense for all share-based payment awards made to employees
and directors including stock option grants based on estimated fair values. ASC 718 requires companies to estimate the fair value
of share-based payment awards on the date of grant using an option-pricing model. The value of the award’s portion that is
ultimately expected to vest is recognized as expense over the requisite service periods. Prior to the adoption of ASC 718, we accounted
for share-based awards to employees and directors using the intrinsic value method. Under the intrinsic value method, share-based
compensation expense was only recognized by us if the exercise price of the stock option was less than the fair market value of
the underlying stock at the date of grant.



The Company accounts for stock-based
compensation to non-employees and consultants in accordance with the provisions of ASC 505-50 “Equity –Based Payments
to Non-employees”. Measurement of share-based payment transactions with non-employees shall be based on the fair value of
whichever is more reliably measurable: (a) the goods or services received; or (b) the equity instruments issued. The fair value
of the share-based payment transactions should be determined at the earlier of performance commitment date or performance completion
date.









F-9






DOMAIN EXTREMES INC.

(A DEVELOPMENT STAGE COMPANY)



NOTES TO FINANCIAL STATEMENTS

(Stated in US Dollars)





| | 2. | Summary of principal accounting policies (continued)
| | -- | ----------------------------------------------------



Issuance of shares for service



The Company accounts for the issuance
of equity instruments to acquire goods and services based on the fair value of the goods and services or the fair value of the
equity instrument at the time of issuance, whichever is more reliably measurable.



Foreign currencies translation



The functional currency of the
Company is Hong Kong dollars (“HK$”). The Company maintains its financial statements in the functional currency. Monetary
assets and liabilities denominated in currencies other than the functional currency are translated into the functional currency
at rates of exchange prevailing at the balance sheet dates. Transactions denominated in currencies other than the functional currency
are translated into the functional currency at the exchanges rates prevailing at the dates of the transaction. Exchange gains or
losses arising from foreign currency transactions are included in the determination of net income for the respective periods.



For financial reporting purposes,
the financial statements of the Group which are prepared using the functional currency have been translated into United States
dollars. Assets and liabilities are translated at the exchange rates at the balance sheet dates and revenue and expenses are translated
at the average exchange rates and stockholders’ equity is translated at historical exchange rates. Any translation adjustments
resulting are not included in determining net income but are included in foreign exchange adjustment to other comprehensive income,
a component of stockholders’ equity.



Fair value of financial instruments



The carrying values of the Company’s
financial instruments, including cash and cash equivalents, trade and other receivables, deposits, trade and other payables approximate
their fair values due to the short-term maturity of such instruments. The carrying amounts of borrowings approximate their fair
values because the applicable interest rates approximate current market rates.







F-10






DOMAIN EXTREMES INC.

(A DEVELOPMENT STAGE COMPANY)



NOTES TO FINANCIAL STATEMENTS

(Stated in US Dollars)





| | 2. | Summary of principal accounting policies (continued)
| | -- | ----------------------------------------------------



Earnings per share



Basic earnings per share is
based on the weighted average number of common shares outstanding during the period while the effects of potential common shares
outstanding during the period are included in diluted earnings per share.  The average market price during the year is
used to compute equivalent shares.



FASB Accounting Standard Codification
Topic 260 (“ASC 260”), “Earnings Per Share,” requires that employee equity share options, non-vested shares
and similar equity instruments granted to employees be treated as potential common shares in computing diluted earnings per share.
Diluted earnings per share should be based on the actual number of options or shares granted and not yet forfeited, unless doing
so would be anti-dilutive. The Company uses the “treasury stock” method for equity instruments granted in share-based
payment transactions provided in ASC 260 to determine diluted earnings per share.



Website Development
Costs



The Company recognized the costs
associated with developing a website in accordance with ASC 350-50 “Website Development Cost” that codified the American
Institute of Certified Public Accountants (“AICPA”) Statement of Position (“SOP”) NO. 98-1, “Accounting
for the Costs of Computer Software Developed or Obtained for Internal Use”. Relating to website development costs the Company
follows the guidance pursuant to the Emerging Issues Task Force (EITF) NO. 00-2, “Accounting for Website Development Costs”.
The website development costs are divided into three stages, planning, development and production. The development stage can further
be classified as application and infrastructure development, graphics development and content development. In short, website development
cost for internal use should be capitalized except content input and data conversion costs in content development stage.



Costs associated with the website
consist primarily of website development costs paid to third party and directors. These capitalized costs will be amortized based
on their estimated useful life over three years upon the website becoming operational. Internal costs related to the development
of website content will be charged to operations as incurred. Web-site development costs related to the customers are charged to
cost of sales.



Revenue recognition



The Company recognized revenues
from advertising insertion revenue in the period in which the advertisement is displayed, provided that evidence of an arrangement
exists, the fees are fixed or determinable and collection of the resulting receivable is reasonably assured. If fixed-fee advertising
is displayed over a term greater than one month, revenues are recognized ratably over the period as described below. The majority
of insertion orders have terms that begin and end in a quarterly reporting period. In the cases where at the end of a quarterly
reporting period the term of an insertion order is not complete, the Company recognizes revenue for the period by pro-rating the
total arrangement fee to revenue and deferred revenue based on a measure of proportionate performance of its obligation under the
insertion order. The Company measures proportionate performance by the number of placements delivered and undelivered as of the
reporting date.







F-11






DOMAIN EXTREMES INC.

(A DEVELOPMENT STAGE COMPANY)



NOTES TO FINANCIAL STATEMENTS

(Stated in US Dollars)





| | 2. | Summary of principal accounting policies (continued)
| | -- | ----------------------------------------------------



Recently issued accounting
pronouncements



The Financial Accounting Standards
Board (“FASB”) has issued Accounting Standards Update (“ASU”) No. 2015-01 “Simplifying Income Statement
Presentation by Eliminating the Concept of Extraordinary Items”. The objective is to reduce the cost and complexity of income
statement presentation by eliminating the concept of extraordinary items while maintaining or improving the usefulness of the information
provided to the users of financial statements. The extraordinary items must meet two criteria: unusual nature and infrequency of
occurrence. If an event or transaction meets the criteria for extraordinary classification, an entity is required to segregate
the extraordinary item from the results of ordinary operations and show the item separately in the income statement, net of tax,
after income from continuing operations. The entity also is required to disclose applicable income taxes and either. This amendment
will be effective for annual periods, and interim periods within those annual periods, beginning after December 15, 2015. The Board
decided to permit early adoption provided that the guidance is applied from the beginning of the fiscal year of adoption.



The FASB has issued ASU No.
2015-03 “Simplifying the Presentation of Debt Issuance Costs”. The objective is to require that debt issuance costs
related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of that
debt liability, consistent with debt discounts. The recognition and measurement guidance for debt issuance costs are not affected
by the amendments in this update. For public business entities, the amendments in this update are effective for financial statements
issued for fiscal years beginning after December 15, 2015, and interim periods within those fiscal years. For all other entities,
the amendments in this update are effective for financial statements issued for fiscal years beginning after December 15, 2015,
and interim periods within fiscal years beginning after December 15, 2016. Early adoption of the amendments in this update is permitted
for financial statements that have not been previously issued.



The FASB has issued ASU No.
2015-05 “Intangibles-Goodwill and Other-Internal-Use Software”. The objective is to provide a guidance about whether
a cloud computing arrangement includes a software license. If a cloud computing arrangement includes a software license, then the
customer should account for the software license element of the arrangement consistent with the acquisition of other software licenses.
If a cloud computing arrangement does not include a software license, the customer should account for the arrangement as a service
contract. The amendment will not change GAAP for a customer accounting for service contracts. In addition, the guidance in this
update supersedes paragraph 350-40-25-16. Consequently, all software licenses within the scope of Subtopic 350-40 will be accounted
for consistent with other licenses of intangible assets. For public business entities, the FASB decided that the amendments will
be effective for annual periods, including interim periods within those annual periods, beginning after December 15, 2015. For
all other entities, the amendment will be effective for annual periods beginning after December 15, 2015, and interim periods in
annual periods beginning after December 15, 2016. Early adoption is permitted for all entities.





F-12






DOMAIN EXTREMES INC.

(A DEVELOPMENT STAGE COMPANY)



NOTES TO FINANCIAL STATEMENTS

(Stated in US Dollars)





| | 2. | Summary of principal accounting policies (continued)
| | -- | ----------------------------------------------------



Recently issued accounting
pronouncement (Continued)



The FASB has issued ASU No.
2015-07 “Topic 820, Fair Value Measurement”, which permits a reporting entity, as a practical expedient, to measure
the fair value of certain investments using the net asset value per share of the investment. The amendments in this update remove
the requirement to categorize within the fair value hierarchy all investments for which fair value is measured using the net asset
value per share practical expedient. The amendments also remove the requirement to make certain disclosures for all investments
that are eligible to be measured at fair value using the net asset value per share practical expedient. Rather, those disclosures
are limited to investments for which the entity has elected to measure the fair value using that practical expedient. The amendments
in this update apply to reporting entities that elect to measure the fair value of an investment within the related scope by using
the net asset value per share (or its equivalent) practical expedient.



The FASB has issued No. 2015-10
“Technical Corrections and Improvements”, which aims to address feedback received from stakeholders on the Codification
and make improvements to GAAP. The amendments in this update represent changes to clarify the Codification, correct unintended
application of guidance, or make minor improvements to the Codification that are not expected to have a significant effect on current
accounting practice or create a significant administrative cost to most entities. Some of the amendments will make the Codification
easier to understand and apply by eliminating inconsistencies, providing needed clarifications, and improving the presentation
of guidance in the Codification. The amendments in this update will apply to all reporting entities within the scope of the affected
accounting guidance. The amendments in this update are effective for all entities for fiscal years, and interim periods within
those fiscal years, beginning after December 15, 2015. Early adoption is permitted.



The FASB has issued No. 2015-11“Topic
330, Inventory”, which aims to simplify the measurement of inventory by changing the subsequent measurement guidance from
the lower of cost or market to the lower of cost and net realizable value for inventory within the scope of this Update. The amendments
in this update do not apply to inventory that is measured using last-in, first-out (LIFO) or the retail inventory method. The amendments
apply to all other inventory, which includes inventory that is measured using first-in, first-out (FIFO) or average cost. An entity
should measure inventory within the scope of this Update at the lower of cost and net realizable value. Subsequent measurement
is unchanged for inventory measured using LIFO or the retail inventory method. For public business entities, the amendments in
this update are effective for fiscal years beginning after December 15, 2016, including interim periods within those fiscal years.
For all other entities, the amendments in this update are effective for fiscal years beginning after December 15, 2016, and interim
periods within fiscal years beginning after December 15, 2017.









F-13






DOMAIN EXTREMES INC.

(A DEVELOPMENT STAGE COMPANY)



NOTES TO FINANCIAL STATEMENTS

(Stated in US Dollars)





| | 2. | Summary of principal accounting policies (continued)
| | -- | ----------------------------------------------------



Recently issued accounting
pronouncement (Continued)



The FASB has issued No. 2015-14“Topic
606, Revenue from Contracts with Customers”, which aims to respond to stakeholders’ requests to defer the effective
date of the guidance in Update 2014-09 and to consider feedback received through extensive outreach with preparers, practitioners,
and users of financial statements. The amendments in this update defer the effective date of Update 2014-09 for all entities by
one year. Public business entities, certain not-for-profit entities, and certain employee benefit plans should apply the guidance
in Update 2014-09 to annual reporting periods beginning after December 15, 2017, including interim reporting periods within that
reporting period. Earlier application is permitted only as of annual reporting periods beginning after December 15, 2016, including
interim reporting periods within that reporting period.



The FASB has issued No. 2015-15“Subtopic
835-30, Interest - Imputation of Interest”: Presentation and Subsequent Measurement of Debt Issuance Costs Associated with
Line-of-Credit Arrangements - Amendments to SEC Paragraphs Pursuant to Staff Announcement at June 18, 2015 EITF Meeting. This amendment
adds SEC paragraphs pursuant to the SEC Staff Announcement at thereon June 18, 2015, Emerging Issues Task Force meeting about the
presentation and subsequent measurement of debt issuance costs associated with line-of-credit arrangements.



The FASB has issued No. 2015-16“Topic
805, Business Combinations”: Simplifying the Accounting for Measurement-Period Adjustments, which aims to identify, evaluate,
and improve areas of generally accepted accounting principles (GAAP) for which cost and complexity can be reduced while maintaining
or improving the usefulness of the information provided to users of financial statements. The amendments in this Update require
that an acquirer recognize adjustments to provisional amounts that are identified during the measurement period in the reporting
period in which the adjustment amounts are determined. The amendments in this Update require that the acquirer record, in the same
period’s financial statements, the effect on earnings of changes in depreciation, amortization, or other income effects,
if any, as a result of the change to the provisional amounts, calculated as if the accounting had been completed at the acquisition
date. The amendments in this Update require an entity to present separately on the face of the income statement or disclose in
the notes the portion of the amount recorded in current-period earnings by line item that would have been recorded in previous
reporting periods if the adjustment to the provisional amounts had been recognized as of the acquisition date. For public business
entities, the amendments in this Update are effective for fiscal years beginning after December 15, 2015, including interim periods
within those fiscal years. For all other entities, the amendments in this Update are effective for fiscal years beginning after
December 15, 2016, and interim periods within fiscal years beginning after December 15, 2017.







F-14






DOMAIN EXTREMES INC.

(A DEVELOPMENT STAGE COMPANY)



NOTES TO FINANCIAL STATEMENTS

(Stated in US Dollars)





| | 2. | Summary of principal accounting policies (continued)
| | -- | ----------------------------------------------------



Recently issued accounting
pronouncement (Continued)



The FASB has issued No. 2015-17“Topic
740, Income Taxes”: Balance Sheet Classification of Deferred Taxes, which aims to identify, evaluate, and improve areas of
generally accepted accounting principles (GAAP) for which cost and complexity can be reduced while maintaining or improving the
usefulness of the information provided to users of financial statements. The amendments in this Update require that deferred tax
liabilities and assets be classified as noncurrent in a classified statement of financial position. The amendments in this Update
apply to all entities that present a classified statement of financial position. The current requirement that deferred tax liabilities
and assets of a tax-paying component of an entity be offset and presented as a single amount is not affected by the amendments
in this Update. The amendments in this Update will align the presentation of deferred income tax assets and liabilities with International
Financial Reporting Standards (IFRS). For public business entities, the amendments in this Update are effective for financial statements
issued for annual periods beginning after December 15, 2016, and interim periods within those annual periods. For all other entities,
the amendments in this Update are effective for financial statements issued for annual periods beginning after December 15, 2017,
and interim periods within annual periods beginning after December 15, 2018. Earlier application is permitted for all entities
as of the beginning of an interim or annual reporting period.



Other accounting standards that
have been issued or proposed by the FASB or other standards-setting bodies that do not require adoption until a future date are
not expected to have a material impact on the Company’s consolidated financial statements upon adoption.





| | 3. | Other income
| | -- | ------------





|                     |  | For the year ended December 31, 2015 |   |  | For the year ended December 31, 2014 |  |   | For the period January 23, 2006 (inception) through December 31, 2015 | 
|-------------------- |  | ------------------------------------ | - |  | ------------------------------------ |  | - | --------------------------------------------------------------------- | 
|                     |  | $                                    |   |  | $                                    |  |   | $                                                                     | 
|Bank interest income |  |                                      | – |  |                                      |  | – |                                                                       | 
|Gain on exchange     |  |                                      | – |  |                                      |  | – |                                                                       | 
|Sundry income        |  |                                      | – |  |                                      |  | – |                                                                       | 
|                     |  |                                      |   |  |                                      |  |   |                                                                       | 
|Total                |  |                                      | – |  |                                      |  | – |                                                                       | 







| | 4. | Income taxes
| | -- | ------------





The Company is incorporated in
the Untied States, and is subject to United States federal and state income taxes. The Company did not generate taxable income
in the United States for the years ended December 31, 2015 and 2014.





F-15






DOMAIN EXTREMES INC.

(A DEVELOPMENT STAGE COMPANY)



NOTES TO FINANCIAL STATEMENTS

(Stated in US Dollars)







| | 4. | Income
taxes (continued)
| | -- | ------------------------



The Company’s operations
are carried out in Hong Kong, the PRC, and is subject to Hong Kong profit tax at 16.5% in 2015 (2014: 16.5%). No provision for
Hong Kong income or profit tax has been made as the Company has no assessable profit for the period. The cumulative tax losses
will represent a deferred tax asset. The Company will provide a valuation allowance in full amount of the deferred tax asset since
there is no assurance of future taxable income.



The cumulative net operating
loss carry forward is approximately $583,451 and $509,443 as at December 31, 2015 and 2014 respectively, and will expire beginning
in the year 2026. Annual use of the net operating loss may be limited by Internal Revenue Code section 382 due to an ownership
change.



The cumulative tax effect at the expected rate of
34% of significant items comprising our net deferred tax amount is as follows:



|                                                                |  | Year ended December 31, |         
|--------------------------------------------------------------- |  | ----------------------- | --------
|                                                                |  | 2015                    |         
|                                                                |  | $                       |         
|Deferred tax asset attributable to net operating loss carryover |  |                         | 198,373 
|                                                                |  |                         |         
|Valuation allowance                                             |  |                         | (198,373
|                                                                |  |                         |         
|Net deferred tax assets                                         |  |                         | –       





| | 5. | Shareholders’ equity
| | -- | --------------------



Capitalization



The Company has the authority
to issue 200,000,000 shares of common stock, $0.001 par value. The total number of shares of the Company’s common stock outstanding
as of December 31, 2015 and 2014 are 179,522,531 and 144,542,831 respectively.



Equity transactions



There is no changes
in equity transactions during the year ended December 31, 2014.



Following is the
equity transactions during the year ended December 31, 2015.



On November 16, 2015, we issued
34,979,700 shares of our common stock to Francis Bok, Stephen Tang and Angel Lai valued at US$132,923 in lieu of cash compensation
for director and secretary service from October 1, 2012 to September 30, 2015.





F-16






DOMAIN EXTREMES INC.

(A DEVELOPMENT STAGE COMPANY)



NOTES TO FINANCIAL STATEMENTS

(Stated in US Dollars)





| | 6. | Prepaid expenses and other receivables
| | -- | --------------------------------------



Other receivables and prepaid
expenses as of December 31, 2015 and 2014 are summarized as follows:



|                  |  | Year ended December 31, |  
|----------------- |  | ----------------------- | -
|                  |  | 2015                    |  
|                  |  | $                       |  
|Other receivables |  |                         | –
|Prepaid expenses  |  |                         | –
|                  |  |                         |  
|Total             |  |                         | –





| | 7. | Accrued expenses
and other payables
| | -- | -----------------------------------



Accrued expenses and other payables
as of December 31, 2015 and 2014 are summarized as follows:



|                  |  | Year ended December 31, |       
|----------------- |  | ----------------------- | ------
|                  |  | 2015                    |       
|                  |  | $                       |       
|Accrued audit fee |  |                         | 1,923 
|Other payables    |  |                         | 26,537
|                  |  |                         |       
|Total             |  |                         | 28,460





| | 8. | Advance from related parties
| | -- | ----------------------------



The amounts due to related parties
as of December 31, 2015 and 2014 represent advanced payment due to the Company’s directors and shareholder. The amounts due
to directors and shareholder are interest free without collateral and maturity date, and repayable upon demand.





| | 9. | Commitments and contingencies
| | -- | -----------------------------



There has been no legal proceedings
in which the Company is a party during the years ended December 31, 2015 and 2014.



F-17








DOMAIN EXTREMES INC.

(A DEVELOPMENT STAGE COMPANY)



NOTES TO FINANCIAL STATEMENTS

(Stated in US Dollars)





| | 10. | Current vulnerability due to certain concentrations
| | --- | ---------------------------------------------------



The Company's operations are
carried out in Hong Kong, Special Administration Region of the PRC. Accordingly, the Company's business, financial condition and
results of operations may be influenced by the political, economic and legal environments in Hong Kong, and by the general state
of the PRC's economy. The Company's business may be influenced by changes in governmental policies with respect to laws and regulations,
anti-inflationary measures, currency conversion and remittance abroad, and rates and methods of taxation, among other things.





| | 11. | Subsequent Events
| | --- | -----------------



There were no events or transactions
other than those disclosed in this report, if any, that would require recognition or disclosure in our Financial Statements for
the year ended December 31, 2015.



















F-18






SIGNATURES



Pursuant to the requirements of the Section
13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized on the 30th day of March, 2016.



|                     | DOMAIN EXTREMES INC.
|-------------------- | --------------------
|                     |                     
|                     |                     
|                     |                     
|Date: March 30, 2016 | By:                 
|                     |                     
|                     |                     
|                     |                     
|                     |                     



In accordance with the Securities Exchange
Act of 1934, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on
the dates indicated.



|Name               |  | Title                                        | Date          
|------------------ |  | -------------------------------------------- | --------------
|                   |  |                                              |               
|                   |  |                                              |               
|/s/ Francis Bok    |  | President; Director                          | March 30, 2016
|Francis Bok        |  | (Principal Executive Officer)                |               
|                   |  |                                              |               
|                   |  |                                              |               
|/s/ Stephen Tang   |  | Treasurer; Director                          | March 30, 2016
|Stephen Tang       |  | (Principal Financial and Accounting Officer) |               
|                   |  |                                              |               
|                   |  |                                              |               
|/s/ Huang Run Peng |  | Director                                     | March 30, 2016
|Huang Run Peng     |  |                                              |               
|                   |  |                                              |               
|                   |  |                                              |               
|/s/ Wu Cai Xia     |  | Director                                     | March 30, 2016
|Wu Cai Xia         |  |                                              |               





22






INDEX TO
EXHIBITS





|Exhibit No. | Description                                             
|----------- | --------------------------------------------------------
|            |                                                         
|3.1         | Articles of Incorporation, as amended as of May 4, 2009*



|3.2 | By-laws, as currently in effect*
|--- | --------------------------------



|10.1 | Financial Consulting Services Agreement, dated as of January 1, 2007, by and among Mega Pacific Capital Inc. and Domain Extremes Inc.*
|---- | --------------------------------------------------------------------------------------------------------------------------------------



|10.2 | Project Agreement, dated January 11, 2008, between Domain Extremes
        Inc. and Guangzhou Sunnasia Digital Technology Co. Ltd.*
|---- | -----------------------------------------------------------------------------------------------------------------------------------



|14.1 | Code of Business Conduct and Ethics*
|---- | ------------------------------------



|31.1 | Certification of President                                                                                        
|---- | ------------------------------------------------------------------------------------------------------------------
|     |                                                                                                                   
|31.2 | Certification of Treasurer                                                                                        
|     |                                                                                                                   
|32.1 | Statement required by 18 U.S.C. Section 1350, as adopted pursuant to section 906 of the Sarbanes-Oxley Act of 2002
|     |                                                                                                                   
|32.2 | Statement required
by 18 U.S.C. Section 1350, as adopted pursuant to section 906 of the Sarbanes-Oxley Act of 2002



|101.INS** | XBRL Instance Document+                                
|--------- | -------------------------------------------------------
|          |                                                        
|101.SCH** | XBRL Taxonomy Extension Schema Document+               
|          |                                                        
|101.CAL** | XBRL Taxonomy Extension Calculation Linkbase Document+ 
|          |                                                        
|101.DEF** | XBRL Taxonomy Extension Definition Linkbase Document+  
|          |                                                        
|101.LAB** | XBRL Taxonomy Extension Label Linkbase Document+       
|          |                                                        
|101.PRE** | XBRL Taxonomy Extension Presentation Linkbase Document+





|*  | Incorporated by reference
to the Registrant’s Registration Statement on Form 10, dated August 3, 2009, SEC File No. 000-5379.                                                                                                                                                                                                                                                                                
|-- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|   |                                                                                                                                                                                                                                                                                                                                                                                                              
|** | Pursuant to Rule 406T of Regulation S-T, the interactive files on Exhibit 101 hereto are deemed not filed or part of a registration statement or prospectus for purposes of Sections 11 or 12 of the Securities Act of 1933, as amended, are deemed not filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, and otherwise are not subject to liability under those sections.
|   |                                                                                                                                                                                                                                                                                                                                                                                                              
|+  | To be filed or furnished by amendment                                                                                                                                                                                                                                                                                                                                                                        









23