# EDGAR Filing Document

**Accession Number:** 0001807616
**File Stem:** 0001213900-25-084241
**Filing Date:** 2025-9
**Character Count:** 49156
**Document Hash:** 8d259ba786080fa8de0fb258853391a0
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001213900-25-084241.hdr.sgml**: 20250904

**ACCESSION NUMBER**: 0001213900-25-084241

**CONFORMED SUBMISSION TYPE**: 10-Q

**PUBLIC DOCUMENT COUNT**: 33

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250904

**DATE AS OF CHANGE**: 20250903

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Hi-Great Group Holding Co
- **CENTRAL INDEX KEY:** 0001807616
- **STANDARD INDUSTRIAL CLASSIFICATION:** HOTELS & MOTELS [7011]
- **ORGANIZATION NAME:** 05 Real Estate & Construction
- **EIN:** 462218131
- **STATE OF INCORPORATION:** NV

**FILING VALUES:**
- **FORM TYPE:** 10-Q
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 000-56200
- **FILM NUMBER:** 251291742

**BUSINESS ADDRESS:**
- **STREET 1:** 621 S. VIRGIL AVE #470
- **CITY:** LOS ANGELES
- **STATE:** CA
- **ZIP:** 90005
- **BUSINESS PHONE:** 213-219-7746

**MAIL ADDRESS:**
- **STREET 1:** 621 S. VIRGIL AVE #470
- **CITY:** LOS ANGELES
- **STATE:** CA
- **ZIP:** 90005

?xml version='1.0' encoding='ASCII'?

**U.S. SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM 10-Q**

☒ QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended June 30, 2025

☐ TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

**Commission file number: 000-56200**

**HI-GREAT GROUP HOLDING COMPANY**

(Exact name of registrant as specified in its charter)

---

| | |
|:---|:---|
| &nbsp;&nbsp;**Nevada** | &nbsp;&nbsp;**46-2218131** |
| &nbsp;&nbsp;(State or Other Jurisdiction of<br> Incorporation or Organization) | &nbsp;&nbsp;(I.R.S. Employer <br> Identification No.) |

---

---

| | |
|:---|:---|
| &nbsp;&nbsp;**621 South Virgil Avenue, #470, Los Angeles,<br> California** | &nbsp;&nbsp;**90005** |
| &nbsp;&nbsp;(Address of Principal Executive Offices) | &nbsp;&nbsp;(Zip Code) |

---

Registrant's telephone number, including area code**: (213)-219-7746**

Securities registered pursuant to Section 12(b) of the Act: None

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Title of each class** | &nbsp;&nbsp;**Trading Symbol(s)** | &nbsp;&nbsp;**Name of each exchange on which<br> registered** |

---

Indicate by check mark whether the registrant (1) 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 requirements for the past 90 days. Yes ☒ No ☐

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted 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 such files). Yes ☐ No ☒

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reporting company, or an emerging growth company. See the definitions of "large accelerated filer," "accelerated filer," "smaller reporting company," and "emerging growth company" in Rule 12b-2 of the Exchange Act.

Large accelerated filer ☐ Accelerated filer ☐ <br> Non-accelerated filer ☐ Smaller reporting company ☒ <br> Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

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

State the number of shares outstanding of each of the issuer's classes of common equity, as of the latest practicable date: As of Sep 3, 2025, the issuer had 102,500,000 shares of its common stock issued and outstanding.

**EXPLANATORY NOTE**

This form 10-Q for the quarter ended June 30, 2025, is being filed as reviewed by our Independent Auditor

**TABLE OF CONTENTS**

---

| | | |
|:---|:---|:---|
| [PART I](#a_001) |  | 1 |
| Item 1. | [Unaudited Condensed Financial Statements1](#a_002) | 1 |
| Item 2. | [Management's Discussion and Analysis of Financial Condition and Results of Operations](#a_003) | 2 |
| Item 3. | [Quantitative and Qualitative Disclosures About Market Risk](#a_004) | 6 |
| Item 4. | [Controls and Procedures](#a_005) | 6 |
| [PART II](#a_006) |  | 7 |
| Item 1. | [Legal Proceedings](#a_007) | 7 |
| Item 1A. | [Risk Factors](#a_008) | 7 |
| Item 2. | [Unregistered Sales of Equity Securities and Use of Proceeds](#a_009) | 7 |
| Item 3. | [Defaults Upon Senior Securities](#a_010) | 7 |
| Item 4. | [Mining Safety Disclosures](#a_011) | 7 |
| Item 5. | [Other Information](#a_012) | 7 |
| Item 6. | [Exhibits](#a_013) | 7 |
|  | [Signatures](#a_014) | 8 |

---

i

**PART I – FINANCIAL INFORMATION**

**ITEM 1. FINANCIAL STATEMENTS**

**INDEX TO FINANCIAL STATEMENTS**

---

| | |
|:---|:---|
| [Balance Sheets as of June 30, 2025 (unaudited) and December 31, 2024](#f_001) | F-1 |
| [Statements of Operations for the Six Months Ended June 30, 2025 and 2024 (unaudited)](#f_002) | F-2 |
| [Statements of Stockholders' Equity for the Six Months Ended June 30, 2025, and 2024 (unaudited)](#f_003) | F-3 |
| [Statements of Cash Flows for the Six Months Ended June 30, 2025 and 2024 (unaudited)](#f_004) | F-4 |
| [Notes to the Financial Statements (unaudited)](#f_005) | F-5 |

---

**HI-GREAT GROUP HOLDING COMPANY BALANCE SHEETS**

---

| | | |
|:---|:---|:---|
|  | **Jun 30,**<br>**2025** | **Dec 31,**<br>**2024** |
|  | (Unaudited) | (Audited) |
| **ASSETS** |  |  |
| **Current assets:** |  |  |
| &nbsp;&nbsp;&nbsp;Cash | $222 | $2140 |
| &nbsp;&nbsp;&nbsp;Inventory | 68800 | 76150 |
| &nbsp;&nbsp;&nbsp;Advances to Suppliers | - | 1750 |
| &nbsp;&nbsp;&nbsp;Receivable from Citi Bank | - | - |
| Total current assets | 69022 | 80040 |
| Non-current assets: |  |  |
| &nbsp;&nbsp;&nbsp;Right of use asset – operating lease – related party | - | 6892 |
| **Total assets** | $69022 | $86932 |
| &nbsp;&nbsp;&nbsp;**LIABILITIES AND STOCKHOLDERS' DEFICIT** |  |  |
| **Current liabilities:** |  |  |
| &nbsp;&nbsp;&nbsp;Accounts payable | $88005 | $87500 |
| &nbsp;&nbsp;&nbsp;Accrued expenses | 10750 | - |
| &nbsp;&nbsp;&nbsp;Notes payable – related party | - | - |
| &nbsp;&nbsp;&nbsp;Loan payable – related party | - | - |
| &nbsp;&nbsp;&nbsp;Accrued royalty– related party | 166977 | 162222 |
| &nbsp;&nbsp;&nbsp;Deferred revenue | - | - |
| &nbsp;&nbsp;&nbsp;Operating lease obligation, current portion – related party | - | - |
| &nbsp;&nbsp;&nbsp;State Income Tax Payable | - | - |
| Total current liabilities | 265732 | 249722 |
| Non-Current Liabilities: |  |  |
| Operating lease obligation – related party | - | 438 |
| **Total Liabilities** | 265732 | 250160 |
| **Commitments and Contingencies** |  |  |
| **Stockholders' Deficit:** |  |  |
| &nbsp;&nbsp;&nbsp;Preferred stock, par value $0.001 per share; 10,000,000 shares authorized; no shares issued and outstanding |  |  |
| &nbsp;&nbsp;&nbsp;Common stock, par value $0.001 per share; 1,100,000,000 shares authorized; 102,500,000 shares issued and outstanding as of June 30, 2025 and December 31, 2024, respectively | 102500 | 100000 |
| &nbsp;&nbsp;&nbsp;Additional paid in capital | 629566 | 629566 |
| &nbsp;&nbsp;&nbsp;Accumulated Deficit | (928776) | (892794) |
| Total stockholders' equity | (196710) | (163229) |
| **Total liabilities and stockholders' equity** | $69022 | $86932 |

---

*The accompanying notes are an integral part of these unaudited financial statements.*

**HI-GREAT GROUP HOLDING COMPANY**

**PROFIT AND LOSS**

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **For three months ended <br> June 30** | **For three months ended <br> June 30** | **For six months ended <br> June 30** | **For six months ended <br> June 30** |
|  | **2025**<br>**(Unaudited)** | **2024**<br>**(Unaudited)** | **2025**<br>**(Unaudited)** | **2024**<br>**(Unaudited)** |
| Sales | $10135 | $15280 | $19018 | $24330 |
| Cost of sales-royalty– related party | (2534) | (3820) | (4754) | (6082) |
| Cost of goods sales | (2070) | (4080) | (7350) | (6690) |
| Gross profit | 5531 | 7380 | 6914 | 11558 |
| Operating expenses: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Professional fees | 13215 | 16000 | 23165 | 22500 |
| &nbsp;&nbsp;&nbsp;Depreciation Expense |  | 6891 | 6892 | 13782 |
| &nbsp;&nbsp;&nbsp;Rent expense | - | - | - | - |
| &nbsp;&nbsp;&nbsp;General and administrative expenses | 9360 | 3852 | 13277 | 5448 |
| Total operating expense | 22575 | 26743 | 43334 | 41730 |
| Income (Loss) from operations | (17044) | (19363) | (36420) | (30172) |
| Other income (expense): |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Interest income | - | -0 | 438 | 2600 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Interest expense | - | (569) | - | (1138) |
| Total other (expense) income | - | (569) | 438 | 1462 |
| Net income (loss) | $(17044) | $(19932) | $(35982) | $(28710) |
| Net income (loss) per common share – basic and diluted | $- | $- | $- | $- |
| Weighted average common shares | 102500000 | 100000000 | 102500000 | 102500000 |

---

*The accompanying notes are an integral part of these unaudited financial statements.*

**HI-GREAT GROUP HOLDING COMPANY**

**STATEMENTS OF STOCKHOLDERS' DEFICIT**

**FOR THE SIX MONTHS ENDED June 30, 2025 AND 2024**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Common**<br>**Stock:**<br>**Shares** | **Common**<br>**Stock:**<br>**Amount** | **Additional**<br>**Paid-in**<br>**Capital** |<br>**Accumulated**<br>**Deficit** |<br>**Totals** |
| Balance – December 31, 2023 | 100000000 | $100000 | $629566 | $(832878) | $(103313) |
| Adjustment |  |  |  | (2600) | (2600) |
| Net Income |  |  |  | (8778) | (8778) |
| Balance – March 31, 2024 | 100000000 | $100000 | $629566 | $(844256) | $(114691) |
| Adjustment |  |  |  | (12000) | (12000) |
| Net Income |  |  |  | (19932) | (19932) |
| Balance – June 30, 2024 | 100000000 | $100000 | $629566 | $(876188) | $(146623) |
| Net Income |  |  |  | (14296) | (14296) |
| Balance – September 30, 2024 | 100000000 | $100000 | $629566 | $(890485) | $(160919) |
| Adjustment |  |  |  | 3300 | 3300 |
| Net Income |  |  |  | (5610) | (5610) |
| Balance – December 31, 2024 | 100000000 | $100000 | $629566 | $(892794) | $(163229) |
| Net Income |  |  |  | (18938) | (18938) |
| Balance – March 31, 2025 | 100000000 | $100000 | $629566 | $(911732) | $(182166) |
| Issuance of Common Stock | 25000001 | 2500 |  |  | 2500 |
| Net Income |  |  |  | (17044) | (17044) |
| Balance – June 30, 2025 | 102500000 | $102500 | $629566 | $(928776) | $(196710) |

---

*The accompanying notes are an integral part of these unaudited financial statements.*

**HI-GREAT GROUP HOLDING COMPANY STATEMENTS OF CASH FLOWS (Unaudited)**

---

| | | |
|:---|:---|:---|
|  | **For the six months ended<br> Jun 30,** | **For the six months ended<br> Jun 30,** |
|  | **2025** | **2024** |
| Cash Flows from operating activities: |  |  |
| Net Income | $(35982) | $(28710) |
| Adjustments to reconcile net loss to net cash provided by (used in) operating activities: |  |  |
| &nbsp;&nbsp;&nbsp;Amortization of right of use asset – operating lease | - | - |
| Changes in operating assets and liabilities: |  |  |
| &nbsp;&nbsp;&nbsp;Inventory | 7350 | (33310) |
| &nbsp;&nbsp;&nbsp;Advances to Suppliers | 1750 | - |
| &nbsp;&nbsp;&nbsp;Overdraft | - | 3284 |
| &nbsp;&nbsp;&nbsp;Accrued Expenses | 10750 | - |
| &nbsp;&nbsp;&nbsp;Accrued royalty | 4755 | 6083 |
| &nbsp;&nbsp;&nbsp;Accrued interest | - | - |
| &nbsp;&nbsp;&nbsp;Accounts Payable | 506 | 58000 |
| &nbsp;&nbsp;&nbsp;Deferred COGS | - | - |
| &nbsp;&nbsp;&nbsp;Operating Lease Obligation (Current Portion) | - | - |
| &nbsp;&nbsp;&nbsp;Net cash provided (used) by operating activities | (10871) | 5347 |
| Cash Flows from Investing Activities: |  |  |
| Notes receivable – Related Party | - | - |
| Right of Use Asset – Related Party | 6892 | 13782 |
| &nbsp;&nbsp;&nbsp;Net cash provided (used) by investing activities | 6892 | 13782 |
| Cash Flows from Financing Activities: |  |  |
| &nbsp;&nbsp;&nbsp;Issuance of Common Stock | 2500 | - |
| &nbsp;&nbsp;&nbsp;Right of Use Liabilities | (438) | 7369 |
| &nbsp;&nbsp;&nbsp;Operating Lease Obligation | - | (21331) |
| &nbsp;&nbsp;&nbsp;Retained Earnings | - | (2600) |
| &nbsp;&nbsp;&nbsp;Net cash provided (used) by financing activities | 2062 | (16562) |
| Effect of exchange rate changes | - | - |
| Net change in cash | (1917) | 2567 |
| Cash at beginning of period | 2140 | (2567) |
| Cash at end of period | $222 | $- |
| Supplemental schedule of cash flow information: |  |  |
| Non-cash investing and financing activities: |  |  |
| &nbsp;&nbsp;&nbsp;Note receivable-related party | $- | $- |
| &nbsp;&nbsp;&nbsp;Common stock-related party | $- | $- |
| &nbsp;&nbsp;&nbsp;Right of use asset – operating lease | $- | $0 |

---

*The accompanying notes are an integral part of these unaudited financial statements.*

**HI-GREAT GROUP HOLDING COMPANY**

**NOTES TO FINANCIAL STATEMENTS June 30, 2025**

**(Unaudited)**

**NOTE 1 – ORGANIZATION AND DESCRIPTION OF BUSINESS**

*<u>Basis of Presentation and Organization</u>*

Hi-Great Group Holding Company (the "Company") is a development stage enterprise that was originally incorporated, on September 30, 2010, under the laws of the State of Nevada.

On March 8, 2019, the eight judicial District Court of Nevada appointed Custodian Ventures, LLC as custodian for Hi-Great Group Holding Company, proper notice having been given to the officers and directors of Hi-Great Group Holding Company. There was no opposition.

On March 15, 2019, the Company filed a certificate of revival with the state of Nevada, appointing David Lazar as President, Secretary, Treasurer and Director.

On October 11, 2019, Custodian Ventures entered into a stock purchase agreement whereby they transferred 70,000,000 shares of common stock to Esther Yang in exchange for $225,000 in cash. As a result of the sale, there was a change of control of the Company. There is no family relationship or other relationship between the Seller and the Purchaser.

On March 19, 2020, the Company entered in a licensing agreement with SellaCare, Inc. for the licensing of Patents and all future products developed by the SellaCare, Inc. The licensing agreement calls for the Company to pay 25% of all Gross revenues or $1,000, whichever is greater and not less than $1,000, beginning April 30, 2020 and payable the 15<sup>th</sup> of every month thereafter.

On March 16, 2020, the Company entered into a land lease for property located in the unincorporated area of Pearblossom, County of Los Angeles, California, in agreement with Sella Property, LLC. Sella Property, LLC is an entity controlled by Esther Yang. The lease calls for rent payments of $30,000 in annual installments due on the 16<sup>th</sup> day of March each year.

In March 2020, the World Health Organization categorized the novel coronavirus (COVID-19) as a pandemic, and it continues to spread throughout the United States and the rest of the world with different geographical locations impacted more than others. The outbreak of COVID-19 and public and private sector measures to reduce its transmission, such as the imposition of social distancing and orders to work-from-home, stay-at-home and shelter-in-place, have had a minimal impact on our day to day operations. However, this could impact our efforts to enter into a business combination as other businesses have had to adjust, reduce or suspend their operating activities. The extent of the impact will vary depending on the duration and severity of the economic and operational impacts of COVID-19. The Company is unable to predict the ultimate impact at this time.

**NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES**

 

*<u>Basis of presentation</u>*

 

The accompanying unaudited financial statements are prepared on the basis of accounting principles generally accepted in the United States of America ("GAAP"). The accompanying unaudited financial statements reflect all adjustments, consisting of only normal recurring items, which, in the opinion of management, are necessary for a fair statement of the results of operations for the periods shown and are not necessarily indicative of the results to be expected for the nine months ending June 30, 2025. The Company is a development stage enterprise devoting substantial efforts to establishing a new business, financial planning, raising capital, and research into products which may become part of the Company's product portfolio. The Company has not realized significant sales through since inception. A development stage company is defined as one in which all efforts are devoted substantially to establishing a new business and, even if planned principal operations have commenced, revenues are insignificant.

 

*<u>Use of estimates</u>*

 

The preparation of 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 disclosure 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 may differ from those estimates

*<u>Cash and Cash Equivalents</u>*

 

For purposes of reporting within the statements of cash flows, the Company considers all cash on hand, cash accounts not subject to withdrawal restrictions or penalties, and all highly liquid debt instruments purchased with a maturity of six months or less to be cash and cash equivalents.

*<u>Reclassifications</u>*

No reclassifications have been made to the current period financial information to conform to the presentation used in the financial statements for the six months ending June 30, 2025.

 

*<u>Revenue Recognition</u>*

The Company records revenue in accordance with FASB Accounting Standards Codification ("ASC") as topic 606 ("ASC 606"). The revenue recognition standard in ASC 606 outlines a single comprehensive model for recognizing revenue as performance obligations, defined in a contract with a customer as goods or services transferred to the customer in exchange for consideration, are satisfied. The standard also requires expanded disclosures regarding the Company's revenue recognition policies and significant judgments employed in the determination of revenue. The Company is involved in Agritourism and sells herbal supplements. The Company sells herbal supplements it buys directly from SellaCare, Inc. and sells those supplements using the SellaCare brand. SellaCare, Inc is a company that is controlled by the Company's majority shareholder.

 

*<u>Cost of Goods Sold</u>*

Cost of sales includes all direct expenses incurred to produce the revenue for the period. This includes, but is not limited to, product cost and shipping. Cost of goods sold are recorded in the same period as the resulting revenue. The company pays a sales based royalty payment of 25% of gross revenue to SellaCare, Inc., its related party. This royalty expense is included in the cost of goods sold.

 

*<u>Leases</u>*

The Company adopted the new lease accounting standard, "Accounting Standards Codification Topic 842 Leases (ASC 842)" using the modified retrospective basis for all agreements existing as of January 1, 2019 as described further below under *Accounting Standards Adopted*.

The Company recognizes a right-of-use asset and lease liability for all financing and operating leases with terms greater than twelve months. The lease liability is measured based on the present value of the lease payments not yet paid. The right-of-use asset is measured based on the initial measurement of the lease liability adjusted for any direct costs incurred upon commencement of the lease. The right-of-use assets are amortized on a straight-line basis over the lease term, and are tested for impairment in a manner consistent with the other long-lived assets held by the Company.

*<u>Adoption of Recent Accounting Pronouncements</u>*

The Company has implemented all new accounting pronouncements that are in effect and that may impact its financial statements and does not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on its financial position or results of operations.

**NOTE 3 – GOING CONCERN**

The accompanying financial statements have been prepared assuming the continuation of the Company as a going concern. The Company has not yet established an ongoing source of revenues sufficient to cover its operating costs and is dependent on debt and equity financing to fund its operations. Management of the Company is making efforts to raise additional funding until a registration statement relating to an equity funding facility is in effect. While management of the Company believes that it will be successful in its capital formation and planned operating activities, there can be no assurance that the Company will be able to raise additional equity capital or be successful in the development and commercialization of the products it develops or initiates collaboration agreements thereon. The accompanying financial statements do not include any adjustments to reflect the possible future effects on the recoverability and classification of assets or the amounts and classification of liabilities that may result from the possible inability of the Company to continue as a going concern.

**NOTE 4 – RELATED PARTY TRANSACTIONS**

On December 27, 2019, the company obtained a loan in the amount of $5,000 from Jung Ho Yang. The note bears an interest rate of 5% and matures on November 30, 2020. As of December 31, 2020, there is $253 of interest accrued on this note. This note is paid.

On January 28, 2020, the company obtained a loan in the amount of $10,000 from Sellacare America, Inc. The note bears an interest rate of 5% and matures on November 30, 2020 As of December 31, 2020, there is $463 of interest accrued on this note. This note is paid.

On March 19, 2020, the Company entered in a licensing agreement with SellaCare, Inc. for the licensing of Patents and all future products developed by the SellaCare, Inc. The licensing agreement calls for the Company to pay 25% of all Gross revenues or $1,000, whichever is greater and not less than $1,000, beginning April 30, 2020 and payable the 15<sup>th</sup> of every month thereafter. As of June 30, 2025, $166,977 of licensing expense has been accrued.

On March 16, 2020, the Company entered into a land lease for property located in the unincorporated area in Pearblossom, County of Los Angeles, California, in agreement with Sella Property, LLC. Sella Property, LLC is an entity controlled by Company's majority shareholder. The lease calls for rent payments of $30,000 in annual installments due on the 16th day of March each year. The lease begins March 16, 2020, and matures March 16, 2025.

As of June 30, 2024, a total of $0 in loan payable to related party.

**NOTE 5 – SUBSEQUENT EVENTS**

Management has evaluated subsequent events pursuant to the requirements of ASC Topic 855, from the balance sheet date through the date the financial statements were issued and has determined that no material subsequent events exist.

**ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS**

The following information should be read in conjunction with our financial statements and related notes thereto included in Part I, Item 1, above.

**Forward Looking Statements**

Certain matters discussed herein are forward-looking statements. Such forward-looking statements contained in this Form 10-Q involve risks and uncertainties, including statements as to:

● our future strategic plans;

● our future operating results;

● our business prospects;

● our contractual arrangements and relationships with third parties;

● the dependence of our future success on the general economy;

● our possibility of not successfully raising future financings; and

● the adequacy of our cash resources and working capital.

These forward-looking statements can generally be identified as such because the context of the statement will include words such as we "believe," "anticipate," "expect," "estimate" or words of similar meaning. Similarly, statements that describe our future plans, objectives or goals are also forward-looking statements. Such forward-looking statements are subject to certain risks and uncertainties which are described in close proximity to such statements, and which could cause actual results to differ materially from those anticipated. Shareholders, potential investors and other readers are urged to consider these factors in evaluating the forward-looking statements and are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements included herein are only made as of the date of this Form 10-Q, and we undertake no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.

**Executive Overview**

Hi-Great Group Holding Company (the "Company") is a development stage enterprise that was originally incorporated, on September 30, 2010, under the laws of the State of Nevada.

On March 8, 2019, the eight judicial District Court of Nevada appointed Custodian Ventures, LLC as custodian for Hi-Great Group Holding Company, proper notice having been given to the officers and directors of Hi-Great Group Holding Company. There was no opposition.

On March 15, 2019, the Company filed a certificate of revival with the state of Nevada, appointing David Lazar as, President, Secretary, Treasurer and Director.

On March 20, 2019, the Company issued 70,000,000 shares of common stock to Custodian Ventures, LLC (controlled by David Lazar) at par for shares valued at $70,000 in exchange for settlement of a portion of a related party loan for amounts advanced to the Company in the amount of $16,100, and the promissory note issued to the Company in the amount $53,900.

On October 14, 2019, as a result of a private transaction, 70,000,000 shares of common stock (the "Shares") of Hi-Great Group Holding Co. (the "Company"), were transferred from Custodian Ventures LLC to Esther Yang (the "Purchaser"). As a result, the Purchaser became a 70% holder of the voting rights of the issued and outstanding share capital of the Company, on a fully diluted basis, and became the controlling shareholder.

On October 14, 2019, and effective October 15, 2019, the existing director and officer resigned. Accordingly, David Lazar, serving as a director and an officer, ceased to be the Company's Chief Executive Officer, Chief Financial Officer, President, Treasurer, Secretary and a Director. At the effective date of the transfer, Ho Soon Yang consented to act as the new President, CEO, CFO, Treasurer, Secretary and Chairman of the Board of Directors of the Company.

Ho Soon Yang was appointed as a Chief Executive Officer, President, Secretary, Treasurer and Chairman of Board of Directors of the Company.

On February 25, 2020 the Board of Directors via Written Consent Approved the Addition of Alex Jun Ho Yang to the Board of Directors on the same day, and effective immediately, the following Officers were appointed, Alex Jun Ho Yang. Chief Executive Officer, Ho Soon Yang, Chief Financial Officer and Esther Yang as Secretary to the Company. Previously, Ho Soon Yang was the acting President, Chief Executive Officer, Chief Financial Officer, Treasurer and Secretary of the Company and the sole Director of the Company.

On April 16, 2020, Esther Yang through a Share Purchase Agreement sold 65,001,000 of the 70,000,000 shares she had purchased from Custodian Ventures, LLC in the Company to Jun Ho Yang and Ho Soon Yan. On April 22, 2020, she resigned as Corporate Secretary and Director of the Company. As of June 30, 2025, Esther Yang remaining shares is 4,999,000.

On April 24, 2020, Madeline Choi was appointed as Secretary to the Company by the Current Board of Directors.

On September 22, 2020, Madeline Choi resigned as Secretary of the Company and Ho Soon Yang resumed the role of Secretary.

On May 20, 2025, Madeline Choi was awarded 1,500,000 shares of its common stock.

On June 26, 2025, Globex Transfer, LLC, Company's vendor, was awarded 1,000,000 shares of its common stock in exchange for services provided.

Hi-Great Group Company has withdrawn CBD Oils from our business plan. Hi-Great Group Holding Company holds the exclusive worldwide license agreement New Business plan with the KRAS gene among the most frequently mutated genes across all cancers, including pancreatic, lung, and colorectal. KRAS is thought to be an initial "driver" mutation that leads to cancer formation. And continue to market, sell and distribute SellaCare, Inc's organic longevity health supplement. the current worldwide exclusive license agreement with SellaCare, Inc. in the areas of Longevity and additional health benefits and also expand into the lucrative cosmetic sector as an overall sustainable revenue platform as they become a significant supplier in each of the six industry sectors remaining as same.

Website: Under construction

**Our Business Objectives**

Our principal business objective is to maximize shareholders returns through a combination of (1) dividends to our shareholders, (2) sustainable long-term growth in cash flows from distribution of the products described herein, (3) potential long-term appreciation in the value of our properties from capital gains upon future sales, (4) other sustainable agricultural business opportunity which the Board of Directors determines to be beneficial to Company, or (5) distribution of plant-based finished consumer product and integrate the use of specialty herbs into its worldwide health supplement business to include expansion into the cosmetics sector using multiple herbal oils and compounds.

**Business Overview**

Hi-Great Group Company has been refocusing our efforts on an exclusive global licensing agreement pertaining to the KRAS gene. This gene is frequently mutated in a variety of cancers, including those affecting the pancreas, lungs, and colon, and is considered a pivotal "driver" mutation in cancer initiation. We will also uphold our commitment to marketing, selling, and distributing SellaCare, Inc.'s organic longevity health supplement under our existing worldwide exclusive license agreement. Furthermore, we plan to diversify into the thriving cosmetic sector as a strategic component of our sustainable revenue approach, all while retaining our presence in the other six industry sectors.

**<u>Results of Operation for the Six Months Ended June 30, 2025 and 2024</u>**

*<u>Sales and Cost of Sales</u>*

For the six months ended June 30, 2025, we had $19,018 of sales compared to $24,330 for the six months ended June 30, 2024. Our cost of sales for the six months ended June 30, 2025, was $12,105 compared to $12,773 for the six months ended June 30, 2024. The Company started to generate revenue in the beginning of 2020.

*<u>Professional fees</u>*

For the six months ended June 30, 2025, we incurred $23,165 of professional fee expenses compared to $22,500 for the six months ended June 30, 2024. The increase in professional fees in the current period is attributed to an increase from audit fee expenses.

*<u>General and administrative</u>*

For the six months ended June 30, 2025, we incurred $20,168 of general and administrative expenses ("G&A") compared to $19,230 for the six months ended June 30, 2024. The increase in the current year is attributed to an increase in bad debt expenses.

*<u>Net loss</u>*

For the six months ended June 30, 2025, the Company had a net loss of $35,982 as compared to a net loss of $28,710 for the six months ended June 30, 2024.

**Liquidity and Capital Resources**

We have an accumulated deficit of $928,776 and had a net loss of $35,982 for the six months ended June 30, 2025.

Operating Activities

We had used $10,871 from our operations for the six months ended June 30, 2025, compared to cash received of $538 for the six months ended June 30, 2024.

We generated $6,892 from investing activities for the six months ended June 30, 2025, compared to generating $13,782 from investing activities for a right of use of assets in the prior period.

We had used $2,062 for financing activities for the six months ended June 30, 2025, compared to $13,862 used for the six months ended June 30, 2024.

**Critical Accounting Estimates and 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 and the disclosure of contingent assets and liabilities of the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Note 2 to the Financial Statements describes the significant accounting policies and methods used in the preparation of the Financial Statements. Estimates are used for, but not limited to, contingencies and taxes. Actual results could differ materially from those estimates. The following critical accounting policies are impacted significantly by judgments, assumptions, and estimates used in the preparation of the Financial Statements.

We are subject to various loss contingencies arising in the ordinary course of business. We consider the likelihood of loss or impairment of an asset or the incurrence of a liability, as well as our ability to reasonably estimate the amount of loss in determining loss contingencies. An estimated loss contingency is accrued when management concludes that it is probable that an asset has been impaired, or a liability has been incurred and the amount of the loss can be reasonably estimated. We regularly evaluate current information available to us to determine whether such accruals should be adjusted.

We recognize deferred tax assets (future tax benefits) and liabilities for the expected future tax consequences of temporary differences between the book carrying amounts and the tax basis of assets and liabilities. The deferred tax assets and liabilities represent the expected future tax return consequences of those differences, which are expected to be either deductible or taxable when the assets and liabilities are recovered or settled. Future tax benefits have been fully offset by a 100% valuation allowance as management is unable to determine that it is more likely than not that this deferred tax asset will be realized.

**Off-Balance Sheet Arrangements**

We have not entered into any off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on our financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources and would be considered material to investors.

**Recent Accounting Pronouncements**

The Company has implemented all the new accounting pronouncements that are in effect. These pronouncements did not have any material impact on the financial statements unless otherwise disclosed, and the Company does not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on its financial position or results of operations.

**ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK**

Not applicable to smaller reporting companies.

**ITEM 4. CONTROLS AND PROCEDURES**

**Evaluation of Disclosure Controls and Procedures**

We maintain disclosure controls and procedures (as defined in Rules 13a-15(e) and 15d-15(e) of the Securities Exchange Act of 1934, as amended (the "Exchange Act") that are designed to be effective in providing reasonable assurance that information required to be disclosed in our reports under the Exchange Act is recorded, processed, summarized and reported within the time periods specified in the rules and forms of the Securities and Exchange Commission (the "SEC"), and that such information is accumulated and communicated to our management to allow timely decisions regarding required disclosure. Our Chief Executive Officer and Chief Financial Officer evaluated the effectiveness of our disclosure controls and procedures as of the end of the period covered by this report. Based on that evaluation, they concluded that our disclosure controls and procedures were not effective for the quarterly period ended June 30, 2025.

The following aspects of the Company were noted as potential material weaknesses:

● lack of an audit committee

● lack of segregation of duties

In designing and evaluating disclosure controls and procedures, management recognizes that any controls and procedures, no matter how well designed and operated, can provide only reasonable, not absolute assurance of achieving the desired objectives. Also, the design of a control system must reflect the fact that there are resource constraints and the benefits of controls must be considered relative to their costs.

**Changes in Internal Controls**

Based on that evaluation, our Chief Executive Officer and our Chief Financial Officer concluded that no change occurred in the Company's internal controls over financial reporting during the quarter ended June 30, 2025, that has materially affected, or is reasonably likely to materially affect, the Company's internal controls over financial reporting.

**PART II - OTHER INFORMATION**

**ITEM 1. LEGAL PROCEEDINGS**

None.

**ITEM 1A. RISK FACTORS**

We are a smaller reporting company as defined by Rule 12b-2 of the Securities Exchange Act of 1934 and, as such, are not required to provide the information under this Item; however, due to the current circumstance we have chosen to include the following risk factor.

On January 30, 2020, the World Health Organization declared the coronavirus outbreak a "Public Health Emergency of International Concern" and on March 10, 2020, declared it to be a pandemic. The coronavirus and actions taken to mitigate it have had and are expected to continue to have an adverse impact on the economies and financial markets of many countries, including the geographical area in which the Company operates. While it is unknown how long these conditions will last and what the complete financial effect will be on the company, to date, the Company has not experienced a material impact.

**ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS**

None.

**ITEM 3. DEFAULTS UPON SENIOR SECURITIES**

None.

**ITEM 4. MINING SAFETY DISCLOSURES**

Not applicable.

**ITEM 5. OTHER INFORMATION.**

None

**ITEM 6. EXHIBITS**

 ****

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| | |
|:---|:---|
| **Exhibit<br> Number** | **Exhibit Description** |
| 31.1 | [Certification of Chief Executive Officer, pursuant to Rule 13a-14(a) of the Exchange Act, as enacted by Section 302 of the Sarbanes-Oxley Act of 2002. (filed herewith)](ea025543701ex31-1_higreat.htm) |
| 31.2 | [Certification of Chief Financial Officer, pursuant to Rule 13a-14(a) of the Exchange Act, as enacted by Section 302 of the Sarbanes-Oxley Act of 2002. (filed herewith)](ea025543701ex31-2_higreat.htm) |
| 32 | [Certification of Chief Executive Officer and Chief Financial Officer, pursuant to 18 United States Code Section 1350, as enacted by Section 906 of the Sarbanes-Oxley Act of 2002. (filed herewith)](ea025543701ex32_higreat.htm) |
| 101.INS | Inline XBRL Instance Document. |
| 101.SCH | Inline XBRL Taxonomy Extension Schema Document. |
| 101.CAL | Inline XBRL Taxonomy Extension Calculation Linkbase Document. |
| 101.DEF | Inline XBRL Taxonomy Extension Definition Linkbase Document. |
| 101.LAB | Inline XBRL Taxonomy Extension Label Linkbase Document. |
| 101.PRE | Inline XBRL Taxonomy Extension Presentation Linkbase Document. |
| 104 | Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101). |

---

**SIGNATURES**

In accordance with the requirements of the Exchange Act, the Registrant caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

---

| | | |
|:---|:---|:---|
|  | **HI-GREAT GROUP HOLDING COMPANY** | **HI-GREAT GROUP HOLDING COMPANY** |
| Date: September 3, 2025 | By: | */s/ Jun Ho Yang* |
|  | Name: | Jun Ho Yang |
|  | Title: | Chief Executive Officer<br> (Principal Executive Officer) |
| Date: September 3, 2025 | By: | */s/ Ho Soon Yang* |
|  | Name: | Ho Soon Yang |
|  | Title: | Chief Financial Officer<br> (Principal Financial and Accounting Officer) |

---

## Exhibit 31.1

**Exhibit 31.1**

**CHIEF EXECUTIVE OFFICER**

I, Jun Ho Yang, hereby certify that:

(1) I have reviewed this quarterly report on Form 10-Q of Hi-Great Holding Company:

(2) Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

(3) Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

(4) The registrant's other certifying officers and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

&nbsp;&nbsp;&nbsp;&nbsp;(a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

&nbsp;&nbsp;&nbsp;&nbsp;(b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

&nbsp;&nbsp;&nbsp;&nbsp;(c) Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

&nbsp;&nbsp;&nbsp;&nbsp;(d) Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

(5) The registrant's other certifying officers and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of registrant's board of directors (or persons performing the equivalent functions):

&nbsp;&nbsp;&nbsp;&nbsp;(a) All significant deficiencies in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and

&nbsp;&nbsp;&nbsp;&nbsp;(b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

---

| | | |
|:---|:---|:---|
| Date: September 3, 2025 | By: | */s/ Jun Ho Yang* |
|  | Name: | Jun Ho Yang |
|  | Title: | Chief Executive Officer |

---

## Exhibit 31.2

**Exhibit 31.2**

**CHIEF FINANCIAL OFFICER**

I, Ho Soon Yang , hereby certify that:

(1) I have reviewed this quarterly report on Form 10-Q of Hi-Great Holding Company:

(2) Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

(3) Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

(4) The registrant's other certifying officers and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

&nbsp;&nbsp;&nbsp;&nbsp;(a) Designed
such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure
that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those
entities, particularly during the period in which this report is being prepared;

&nbsp;&nbsp;&nbsp;&nbsp;(b) Designed
such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision,
to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external
purposes in accordance with generally accepted accounting principles;

&nbsp;&nbsp;&nbsp;&nbsp;(c) Evaluated
the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the
effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation;
and

&nbsp;&nbsp;&nbsp;&nbsp;(d) Disclosed
in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's
most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected,
or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

(5) The registrant's other certifying officers and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of registrant's board of directors (or persons performing the equivalent functions):

&nbsp;&nbsp;&nbsp;&nbsp;(a) All
significant deficiencies in the design or operation of internal control over financial reporting which are reasonably likely to adversely
affect the registrant's ability to record, process, summarize and report financial information; and

&nbsp;&nbsp;&nbsp;&nbsp;(b) Any
fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal
control over financial reporting.

---

| | | |
|:---|:---|:---|
| Date: September 3, 2025 | By: | */s/ Ho Soon Yang* |
|  | Name: | Ho Soon Yang |
|  | Title: | Chief Financial Officer |

---

## Ex-32

**Exhibit 32**

**CERTIFICATION PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002**

Pursuant to section 906 of the Sarbanes-Oxley Act of 2002 (subsections (a) and (b) of Section 1350, Chapter 63 of Title 18, United States Code), the undersigned officer of Hi-Great Holding Company, a Nevada corporation (the "Company"), do hereby certify, to the best of their knowledge, that:

1. The Quarterly Report on Form 10-Q for the period ending June 30, 2025 (the "Report") of
 the Company complies in all material respects with the requirements of section 13(a) or 15(d) of the Securities Exchange Act of
 1934, as amended; and

2. The information contained in the Report fairly presents,
in all material respects, the financial condition and results of operations of the Company.

---

| | | |
|:---|:---|:---|
| Date: September 3, 2025 | By: | */s/ Jun Ho Yang* |
|  | Name: | Jun Ho Yang |
|  | Title: | Chief Executive Officer |
| Date: September 3, 2025 | By: | */s/ Ho Soon Yang* |
|  | Name: | Ho Soon Yang |
|  | Title: | Chief Financial Officer |

---