SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 14C
Information
Statement Pursuant to Section 14(c)
of the Securities Exchange Act of 1934
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☐ Definitive Information Statement
SHARING ECONOMY INTERNATIONAL INC.
(Name of Registrant as Specified In Its Charter)
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SHARING ECONOMY INTERNATIONAL INC.
No. 9 Yanyu Middle Road
Qianzhou Village, Huishan District, Wuxi City
Jiangsu Province, People’s Republic of China
WE ARE NOT ASKING YOU FOR A PROXY AND YOU ARE REQUESTED NOT TO SEND US A PROXY.
This Information Statement is first being furnished on or about February ___, 2020 to the holders of record as of the close of business on February ___, 2020 of the common stock of Sharing Economy International Inc., a Nevada corporation (the “Sharing Economy”).
Effective January 31, 2020, the Board of Directors of Sharing Economy and 1 stockholder holding an aggregate of 182,305,462 shares of common stock issued and outstanding as of January 31, 2020, have approved and consented in writing to the following action:
● | The approval of an amendment to our Articles of Incorporation to increase the number of shares of common stock authorized for issuance from 250,000,000 to 7,450,000,000. |
Such approval and consent constitute the approval and consent of a majority of the total number of shares of outstanding common stock and are sufficient under the Nevada Revised Statutes (“NRS”) and Sharing Economy’s Articles of Incorporation and Bylaws to approve the actions. Accordingly, the actions will not be submitted to the other stockholders of Sharing Economy for a vote, and this Information Statement is being furnished to stockholders to provide them with certain information concerning the action in accordance with the requirements of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and the regulations promulgated thereunder, including Regulation 14C.
ACTIONS BY BOARD OF DIRECTORS
AND
CONSENTING STOCKHOLDER
GENERAL
Sharing Economy will pay all costs associated with the distribution of this Information Statement, including the costs of printing and mailing. Sharing Economy will reimburse brokerage firms and other custodians, nominees and fiduciaries for reasonable expenses incurred by them in sending this Information Statement to the beneficial owners of Sharing Economy’s common stock.
Sharing Economy will only deliver one Information Statement to multiple security holders sharing an address unless Sharing Economy has received contrary instructions from one or more of the security holders. Upon written or oral request, Sharing Economy will promptly deliver a separate copy of this Information Statement and any future annual reports and information statements to any security holder at a shared address to which a single copy of this Information Statement was delivered, or deliver a single copy of this Information Statement and any future annual reports and information statements to any security holder or holders sharing an address to which multiple copies are now delivered. You should direct any such requests to the following address: Sharing Economy International Inc., No. 9 Yanyu Middle Road, Qianzhou Village, Huishan District, Wuxi City, Jiangsu Province, China 214181, Attn: Jianhua Wu, Chief Executive Officer. Mr. Wu may also be reached by telephone at +86 51083397559.
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INFORMATION ON CONSENTING STOCKHOLDER
Pursuant to Sharing Economy’s Bylaws and the Nevada Revised Statutes (“NRS”), a vote by the holders of at least a majority of Sharing Economy’s outstanding capital stock is required to effect the action described herein. Sharing Economy’s Articles of Incorporation, as amended, does not authorize cumulative voting. As of the record date, Sharing Economy had 250,000,000 shares of common stock issued and outstanding. The voting power representing not less than 125,000,001 shares of common stock is required to pass any stockholder resolutions. The consenting stockholder is the record and beneficial owner of 182,305,462 shares of common stock, which represents approximately 90.8% of the issued and outstanding shares of Sharing Economy’s common stock. Pursuant to Chapter 78.320 of the NRS, the consenting stockholder voted, with the Board of Directors, in favor of the actions described herein in a joint written consent, dated January 31, 2020. No consideration was paid for any consent. The consenting stockholder’s name, affiliation with Sharing Economy, and beneficial holdings are as follows:
Name | Affiliation | Shares of Common Stock Beneficially Held | Percentage | |||||||
Chan Tin Chi (1) | President, Chief Executive Officer, Chief Financial Officer, Treasurer, Secretary, Director, and greater than 10% holder of common stock | 181,639,213 | 72.6 | % | ||||||
Chan Tin Chi Family Company Limited (1)(2) | Executive Vice President –Sustainable Systems | 666,249 | 0.26 | % | ||||||
TOTALS | 182,305,462 | 72.9 | % |
(1) | Controlled by Chan Tin Chi. |
(2) | Chan Tin Chi Family Company Limited did not vote its shares. |
INTEREST OF CERTAIN PERSONS IN OR OPPOSITION TO MATTERS TO BE ACTED UPON
None.
PROPOSALS BY SECURITY HOLDERS
None.
DISSENTERS RIGHTS OF APPRAISAL
None.
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT
The following table sets forth, as of January 31, 2020, certain information regarding the ownership of Sharing Economy’s capital stock by each director and executive officer of Sharing Economy, each person who is known to Sharing Economy to be a beneficial owner of more than 5% of any class of Sharing Economy’s voting stock, and by all officers and directors of Sharing Economy as a group. Unless otherwise indicated below, to Sharing Economy’s knowledge, all persons listed below have sole voting and investing power with respect to their shares of capital stock, except to the extent authority is shared by spouses under applicable community property laws.
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Beneficial ownership is determined in accordance with the rules of the Securities and Exchange Commission (“SEC”) and generally includes voting or investment power with respect to securities. Shares of common stock subject to options, warrants or convertible securities exercisable or convertible within 60 days of January 31, 2020 are deemed outstanding for computing the percentage of the person or entity holding such options, warrants or convertible securities but are not deemed outstanding for computing the percentage of any other person, and is based on 250,000,000 shares of common stock issued and outstanding on a fully diluted basis, as of January 31, 2020.
Name of Beneficial Owner (6) | Amount and Nature of Beneficial Ownership | % of Class (7) | ||||||
Jianhua Wu (3) | 115,000 | * | ||||||
Wanfen Xu (3) | 0 | * | ||||||
Ping Kee Lau | 10,000 | * | ||||||
Cho Fu Li | 6,500 | * | ||||||
Xue Leng | 0 | * | ||||||
Ying Ying Wong | 33,000 | * | ||||||
All current officers and directors as a group | 164,500 | * | ||||||
Chan Tin Chi (1)(2) | 4,679,260,000 | 64.8 | % | |||||
ECinteract Company Limited (4) | 2,520,000,000 | 34.9 | % | |||||
Total | 7,199,424,500 | 99.7 | % |
* | less than 1%. |
(1) | 666,249 shares held by Chan Tin Chi Family Company Limited. Mr. Chan Tin Chi owns 99% of the issued and outstanding ordinary shares of Chan Tin Chi Family Company Limited (formerly known as YSK 1860 Co., Limited). |
(2) | Address is Villa Cornwall, 85 Castle Peak Road, Tuen Mun, N.T., Hong Kong. |
(3) | Address is No. 9 Yanyu Middle Road, Qianzhou Village, Huishan District, Wuxi City, Jiangsu Province, P.R.C. |
(4) | Controlled by Wong Hiu Chun. |
(6) | Unless otherwise noted, the address of each person listed is c/o Sharing Economy International Inc., No. 9 Yanyu Middle Road Qianzhou Village, Huishan District, Wuxi City, Jiangsu Province, People’s Republic of China. |
(7) | On December 27, 2019, we issued 181,639,213 shares of common stock to the Peak Equity Shareholder on a pro rata basis, based on their respective interests in Peak Equity. The effect of the issuance is that former Peak Equity ordinary shareholders now hold approximately 90.8% of the issued and outstanding shares of common stock of Sharing Economy, and Peak Equity is now a wholly-owned subsidiary of Sharing Economy. Sharing Economy is still obligated to issue an additional 7,018,360,787 shares of common stock to the Peak Equity shareholders, and plans to amend its Articles of Incorporation, as amended, to increase its number of authorized shares of common stock for such purpose. Assuming the issuance of such additional 7,018,360,787 shares of common stock to the Peak Equity shareholders, the Peak Equity shareholders will hold approximately 99.7% of the issued and outstanding shares of common stock of Sharing Economy. |
EXECUTIVE COMPENSATION
The following table sets forth information regarding each element of compensation that we paid or awarded to our named executive officers for fiscal years ended December 31, 2018 and 2017:
Summary Compensation Table
Name and Principal Position | Fiscal Year | Salary ($) | Bonus ($) | Stock Awards ($) | All Other Compensation ($) | Total ($) | |||||||||||||||||
Jianhua Wu, | 2018 | 36,261 | 0 | 34,500 | 0 | 70,761 | |||||||||||||||||
Chief Executive Officer (1) | 2017 | 36,999 | 0 | 0 | 0 | 36,999 | |||||||||||||||||
Wanfen Xu, | 2018 | 12,957 | 0 | 0 | 0 | 12,957 | |||||||||||||||||
Chief Financial Officer, Treasurer (2) | 2017 | 8,584 | 0 | 0 | 0 | 8,584 | |||||||||||||||||
Parkson Yip, | 2018 | 42,637 | 0 | 0 | 1,154 | 43,791 | |||||||||||||||||
Chief Operating Officer (3) | 2017 | 87,500 | 19,250 | 0 | 2,606 | 109,356 |
(1) | Appointed Chief Executive Officer, President and Secretary in November 2017. Compensation consisted of cash salary of $36,261 and 115,000 shares of common stock valued at $34,500. |
(2) | Appointed Chief Financial Officer and Treasurer on March 1, 2016, and resigned as Chief Financial Officer on December 3, 2019. |
(3) | Appointed Chief Operating Officer since June 3, 2017 and resigned as Chief Operating Officer on April 1, 2018. |
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Employment Agreements
Sharing Economy has no employment agreements or other agreements with any officer.
Other
Compensation
There are no annuity, pension or retirement benefits proposed to be paid to officers, directors, or employees of our company
in the event of retirement at normal retirement date as there was no existing plan as of December 31, 2018 provided for or contributed
to by our company.
Director Compensation
The following table sets forth director compensation for fiscal year ended December 31, 2018:
Name | Fees Earned or Paid in Cash ($) | Stock Awards ($) | Option Awards ($) | Non-Equity Incentive Plan Compensation($) | Nonqualified Deferred Compensation Earnings ($) | All Other Compensation($) | Total ($) | |||||||||||||||||||||
Ping Kee Lau (1) | 23,077 | 3,000 | -0- | -0- | -0- | -0- | 26,077 | |||||||||||||||||||||
Cho Fu Li (2) | 58,462 | 1,950 | -0- | -0- | -0- | -0- | 60,412 | |||||||||||||||||||||
Xue Leng (3) | 24,000 | -0- | -0- | -0- | -0- | -0- | 24,000 | |||||||||||||||||||||
Ying Ying Wong (2) | 27,692 | 9,900 | -0- | -0- | -0- | -0- | 37,592 |
(1) | Appointed director on March 20, 2017. |
(2) | Appointed director on December 14,2017. |
(3) | Served as director from December 14, 2017 through December 3, 2019. |
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Outstanding Equity Awards at Fiscal Year-End
The following table sets forth stock option grants and compensation for the fiscal year ended December 31, 2018:
Option Awards | Stock Awards | |||||||||||||||||||||||||||||||||
Name | Number of Securities Underlying Unexercised Options (#) Exercisable | Number of Securities Underlying Unexercised Options (#) Unexercisable | Equity Incentive Plan Awards: Number of Securities Underlying Unexercised Unearned Options (#) | Option Exercise Price ($) | Option Expiration Date | Number of Shares or Units of Stock That Have Not Vested (#) | Market Value of Shares or Units of Stock That Have Not Vested ($) | Equity Incentive Plan Awards: Number of Unearned Shares, Units or Other Rights That Have Not Vested (#) | Equity Incentive Plan Awards: Market or Payout Value of Unearned Shares, Units or Other Rights That Have Not Vested ($) | |||||||||||||||||||||||||
Jianhua Wu (1) | -0- | -0- | -0- | $ | -0- | N/A | -0- | -0- | -0- | -0- | ||||||||||||||||||||||||
Wanfen Xu (2) | -0- | -0- | -0- | $ | -0- | N/A | -0- | -0- | -0- | -0- | ||||||||||||||||||||||||
Parkson Yip (3) | -0- | -0- | -0- | $ | -0- | N/A | -0- | -0- | -0- | -0- |
(1) | Appointed Chief Executive Officer, President and Secretary in November 2007. Compensation consisted of cash salary of $36,261 and 115,000 shares of common stock valued at $34,500. |
(2) | Appointed Chief Financial Officer and Treasurer on March 1, 2016, and resigned as Chief Financial Officer on December 3, 2019. |
(3) | Appointed Chief Operating Officer since June 3, 2017 and resigned as Chief Operating Officer on April 1, 2018. |
Option Exercises and Fiscal Year-End Option Value Table.
There were no stock options exercised by the named executive officers as of the end of the fiscal period ended December 31, 2018.
Long-Term Incentive Plans and Awards
In September 2016, the board of directors adopted, and in November 2016, the stockholders approved the 2016 long-term incentive plan, covering 125,000 shares of common stock. The 2016 plan provides for the grant of incentive and non-qualified options and stock grants to employees, including officers, directors and consultants. The 2016 plan is to be administered by a committee of not less than three directors, each of whom is to be an independent director. In the absence of a committee, the plan is administered by the board of directors. The board has granted the compensation committee the authority to administer the 2016 plan. Members of the committee are not eligible for stock options or stock grants pursuant to the 2016 plan unless such stock options or stock grant are granted by a majority of our independent directors other than the proposed grantee. As of December 31, 2018, we had issued a total of 120,000 shares of common stock pursuant to this plan.
There were no awards made to a named executive officer, under any long-term incentive plan, as of the end of the fiscal period ended December 31, 2018.
Equity Compensation Plan Information
The following table summarizes information, as of December 31, 2018, with respect to shares that may be issued under Sharing Economy’s existing equity compensation plans.
Plan Category | Number of
Securities to be Issued Upon Exercise of Outstanding Options, Warrants and Rights (a) |
Weighted-Average Exercise Price of Outstanding Options, Warrants and Rights (b) |
Number of
Securities Remaining Available for Future Issuance Under Equity Compensation Plans (Excluding Securities Reflected in Column (a)) (c) |
|||||||||
Equity compensation plans approved by security holders | 0 | (1) | $ | N/A | 5,000 | |||||||
Equity compensation plans not approved by security holders | 0 | N/A | 0 | |||||||||
Total | 0 | $ | N/A | 5,000 |
(1) | Consists of options and restricted stock granted under the plan. |
Other Compensation
There are no annuity, pension or retirement benefits proposed to be paid to officers, directors, or employees of our company in the event of retirement at normal retirement date as there was no existing plan as of the end of the fiscal year ended December 31, 2018.
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CHANGE IN CONTROL
To the knowledge of management, there are no present arrangements or pledges of securities of Sharing Economy which may result in a change in control of Sharing Economy.
NOTICE TO STOCKHOLDERS OF ACTION APPROVED BY CONSENTING STOCKHOLDER
The following action was taken based upon the unanimous recommendation of the Board of Directors and the written consent of the consenting stockholder:
I. AMENDMENT TO THE ARTICLES OF INCORPORATION TO INCREASE THE NUMBER OF SHARES OF AUTHORIZED COMMON STOCK
On January 31, 2020, the Board of Directors the consenting stockholder adopted and approved a resolution to effect an amendment to our Articles of Incorporation to increase the number of shares of authorized common stock from 250,000,000 to 7,450,000,000. Such amendment is referred to herein as the “Authorized Shares Amendment.”
Currently, Sharing Economy has 250,000,000 shares of common stock authorized, of which 250,000,000 shares are issued and outstanding. As a result of the Authorized Shares Amendment, Sharing Economy will have 7,450,000,000 shares of shares of common stock authorized for issuance, of which 7,200,000,000 will be available for issuance.
A table illustrating the Authorized Shares Amendment (discussed below) is as follows:
Number of shares of common stock issued and outstanding | Number of shares of common stock authorized in Certificate of Incorporation (1) | Number of shares of common stock authorized and reserved for issuance | Number of shares of common stock authorized but unreserved for issuance | |||||||||||||
Before Authorized Shares Amendment | 250,000,000 | 250,000,000 | -0- | -0- | ||||||||||||
After Authorized Shares Amendment | 250,000,000 | 7,450,000,000 | 6,950,000,000 | 250,000,000 |
(1) | Does not include 50,000,000 shares of preferred stock, no shares of which are issued or outstanding. |
In its Current Report on Form 8-K, filed with the Securities and Exchange Commission on December 31, 2019, the Sharing Economy disclosed that under the terms and conditions of that certain Share Exchange Agreement (the “Share Exchange Agreement”), by and among Sharing Economy, and Peak Equity International Limited, a British Virgin Islands corporation (“Peak Equity”), and all of the holders of ordinary shares of Peak Equity, which consisted of three shareholders, the Sharing Economy offered and sold 7,200,000,000 shares of common stock of Sharing Economy in consideration for all the issued and outstanding ordinary shares of Peak Equity. On December 27, 2019, Sharing Economy issued 181,639,213 shares of common stock to the Peak Equity shareholders on a pro rata basis, based on their respective interests in Peak Equity. Our Articles of Incorporation authorize us to issue 250,000,000 of common stock. Accordingly, Sharing Economy is still obligated to issue an additional 7,018,360,787 shares of common stock to the Peak Equity shareholders, and has amended its Articles of Incorporation, as amended, to increase its number of authorized shares of common stock for such purpose. Assuming the issuance of such additional 7,018,360,787 shares of common stock to the Peak Equity shareholders, the Peak Equity shareholders will hold approximately 99.7% of the issued and outstanding shares of common stock of Sharing Economy.
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Assuming the issuance of such additional 7,018,360,787 shares of common stock to the Peak Equity shareholders, Sharing Economy will still have 250,000,000 shares of common stock, all of which will be unreserved, but authorized for issuance. Any additional issuance of common stock could, under certain circumstances, have the effect of delaying or preventing a change in control of Sharing Economy by increasing the number of outstanding shares entitled to vote and by increasing the number of votes required to approve a change in control of Sharing Economy. Shares of common stock could be issued, or rights to purchase such shares could be issued, to render more difficult or discourage an attempt to obtain control of Sharing Economy by means of a tender offer, proxy contest, merger or otherwise. The ability of the Board of the Directors to issue such additional shares of common stock could discourage an attempt by a party to acquire control of Sharing Economy by tender offer or other means. Such issuances could therefore deprive stockholders of benefits that could result from such an attempt, such as the realization of a premium over the market price that such an attempt could cause. Moreover, the issuance of such additional shares of common stock to certain persons’ interests aligned with that of the Board of Directors could make it more difficult to remove incumbent managers and directors from office even if such change were to be favorable to stockholders generally.
While the increase in the number of shares of common stock authorized may have anti-takeover ramifications, the Board of Directors believes that the financial flexibility offered by the amendment outweighs any disadvantages. To the extent that the increase in the number of shares of common stock authorized may have anti-takeover effects, the amendment may encourage persons seeking to acquire Sharing Economy to negotiate directly with the Board of Directors, enabling the Board of Directors to consider a proposed transaction in a manner that best serves the stockholders’ interests.
The Board believes that it is advisable and in the best interests of Sharing Economy to have available additional authorized but unissued shares of common stock in an amount adequate to provide for Sharing Economy’s future needs. The unissued shares of common stock will be available for issuance from time to time as may be deemed advisable or required for various purposes, including the issuance of shares in connection with financing or acquisition transactions. Sharing Economy has no present plans or commitments for the issuance or use of the proposed additional shares of common stock in connection with any financing.
The Authorized Shares Amendment is not intended to have any anti-takeover effect and is not part of any series of anti-takeover measures contained in any debt instruments or the Articles of Incorporation or the Bylaws of Sharing Economy in effect on the date of this Information Statement. However, Sharing Economy stockholders should note that the availability of additional authorized and unissued shares of common stock could make any attempt to gain control of Sharing Economy or the Board of Directors more difficult or time consuming and that the availability of additional authorized and unissued shares might make it more difficult to remove management. Sharing Economy is not aware of any proposed attempt to take over Sharing Economy or of any attempt to acquire a large block of Sharing Economy’s stock. Sharing Economy has no present intention to use the increased number of authorized common stock for anti-takeover purposes.
Effective Date
Under Rule 14c-2, promulgated pursuant to the Securities Exchange Act of 1934, as amended (the “Exchange Act”), the Authorized Shares Amendment shall be effective twenty (20) days after this Information Statement is mailed to stockholders of Sharing Economy. We anticipate the effective date to be on or about March 2, 2020.
ADDITIONAL INFORMATION
We are subject to the informational requirements of the Exchange Act, and in accordance therewith file reports, proxy statements and other information including annual and quarterly reports on Form 10-K and 10-Q with the SEC. Copies of these documents can be obtained upon written request addressed to the SEC, Public Reference Section, 100 F Street, N.E., Washington, D.C., 20549, at prescribed rates. The SEC also maintains a web site on the Internet (http://www.sec.gov) where reports, proxy and information statements and other information regarding issuers that file electronically with the SEC through the Electronic Data Gathering, Analysis and Retrieval System may be obtained free of charge.
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STATEMENT OF ADDITIONAL INFORMATION
Sharing Economy’s Current Report on Form 8-K, filed with the SEC on January 3, 2020; Current Report on Form 8-K, filed with the SEC on January 2, 2020; Current Report on Form 8-K, filed with the SEC on December 31, 2019; Current Report on Form 8-K, filed with the SEC on December 26, 2019; Current Report on Form 8-K, filed with the SEC on December 16, 2019; Current Report on Form 8-K, filed with the SEC on December 5, 2019; Amendment No. 1 to Quarterly Report on Form 10-Q for the quarter ended September 30, 2019, and filed with the SEC on November 29, 2019; Current Report on Form 8-K, filed with the SEC on November 20, 2019; Quarterly Report on Form 10-Q for the quarter ended September 30, 2019, and filed with the SEC on November 15, 2019; Current Report on Form 8-K, filed with the SEC on November 4, 2019; Amended Definitive Proxy Statement on Schedule 14A, and filed with the SEC on October 16, 2019; Amended Definitive Proxy Statement on Schedule 14A, and filed with the SEC on October 16, 2019; Quarterly Report on Form 10-Q for the quarter ended June 30, 2019, and filed with the SEC on October 10, 2019; Current Report on Form 8-K, filed with the SEC on October 7, 2019; Definitive Proxy Statement on Schedule 14A, and filed with the SEC on September 13, 2019; Amendment No. 9 to Preliminary Proxy Statement on Schedule 14A, and filed with the SEC on September 3, 2019; Amendment No. 8 to Preliminary Proxy Statement on Schedule 14A, and filed with the SEC on August 26, 2019; Current Report on Form 8-K, filed with the SEC on August 2, 2019; Amended Current Report on Form 8-K, filed with the SEC on August 2, 2019; Amendment No. 7 to Preliminary Proxy Statement on Schedule 14A, and filed with the SEC on August 2, 2019; Quarterly Report on Form 10-Q for the quarter ended March 30, 2019, and filed with the SEC on July 25, 2019; Current Report on Form 8-K, filed with the SEC on June 12, 2019; Current Report on Form 8-K, filed with the SEC on May 15, 2019; Amendment No. 6 to Preliminary Proxy Statement on Schedule 14A, and filed with the SEC on April 25, 2019; Amended Current Report on Form 8-K, filed with the SEC on April 23, 2019; Current Report on Form 8-K, filed with the SEC on April 19, 2019; Annual Report on Form 10-K for the year ended December 31, 2018, and filed with the SEC on April 16, 2019; and Registration Statement on Form 8-A, filed with the SEC on December 24, 2009, have been incorporated herein by this reference.
Sharing Economy will provide without charge to each person, including any beneficial owner of such person, to whom a copy of this Information Statement has been delivered, on written or oral request, a copy of any and all of the documents referred to above that have been or may be incorporated by reference herein other than exhibits to such documents (unless such exhibits are specifically incorporated by reference herein).
All documents filed by Sharing Economy pursuant to Sections 13(a), 13(c), 14 or 15(d) of the Exchange Act subsequent to the date of this Information Statement shall be deemed to be incorporated by reference herein and to be a part hereof from the date of filing of such documents. Any statement contained in a document incorporated or deemed to be incorporated by reference herein shall be deemed to be modified or superseded for purposes of this Information Statement to the extent that a statement contained herein or in any other subsequently filed document which also is or is deemed to be incorporated by reference herein modifies or supersedes such statement. Any such statement so modified or superseded shall not be deemed, except as so modified or superseded, to constitute a part of this Information Statement.
COMPANY CONTACT INFORMATION
All inquiries regarding Sharing Economy should be addressed to Jianhua Wu, Chief Executive Officer, at Sharing Economy’s principal executive offices, at: Sharing Economy International Inc., No. 9 Yanyu Middle Road, Qianzhou Village, Huishan District, Wuxi City, Jiangsu Province, China 214181. Mr. Wu may also be reached by telephone at +86 51083397559.
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