Xinxuan Investment Co., Ltd. has only two shareholders, namely Ji Mengyao and Xin Youzhi. Guangzhou Xinxuan Investment Co., Ltd. was established on April 23, 2020. The industry is the business service industry. The legal representative and actual controller of the company are both Xin Youzhi. The registered capital is 100 million yuan. On August 26, the company applied Registered Zhenggong Kunji and Kunji trademarks.

On September 15, 2020, Start-up Holdings received a notice from the company’s controlling shareholder, Hong Kong Start-up International Group Co., Ltd. (i.e., “Hong Kong Start-up”), that Hong Kong Start-up and Guangzhou Xinxuan Investment Co., Ltd. (i.e., “Xinxuan Start-up”) "Xinxuan Investment") signed a "Share Transfer Agreement" on the same day, and planned to transfer the 23.598 million shares of the company initially held in Hong Kong (accounting for 50,000 of the company's total share capital) to Xinxuan Investment through an agreement transfer.

Xin Youzhi’s early life

Mr.

Xin Youzhi has shown extraordinary entrepreneurial talent since he was a child. In order to help his family support themselves, he successively started small businesses such as purchasing forest frogs for restaurants and setting up fruit stalls.

In September 2017, he founded Guangzhou Hexiang Trading Co., Ltd. and created his own cotton code as the main brand. Xin Youzhi carefully selected it and is currently the chairman of Guangzhou Hexiang Trading Co., Ltd.

In 2018, Xinxuan was founded. Xin Youzhi is the chairman of Guangzhou Hexiang Trading Co., Ltd., the founder of Cotton Password brand, the founder of Xin Youzhi Strictly Selected brand, and a post-90s internet celebrity.