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DESCRIPTION OF BUSINESS AND ORGANIZATION
3 Months Ended
Mar. 31, 2021
DESCRIPTION OF BUSINESS AND ORGANIZATION  
NOTE 1 - DESCRIPTION OF BUSINESS AND ORGANIZATION

Fovea Jewelry Holdings, Ltd (the “Company” or “FJHL”) was originally founded on February 1, 2006 as Dycam, Inc. On March 4, 2019, the Company re-domiciled from Nevada to Wyoming. Currently, the Company through its subsidiaries, mainly commenced to operate an online store to sell the quality jewelry at affordable prices on www.fovea-jewellery.com. The goal is to "Deliver A Better Living". All products selling on the online store are with great quality, natural, socially responsible and niche.

 

Description of subsidiaries

 

Name

 

Place of incorporation and

kind of  legal entity

 

Principal activities

and place of operation

 

Particulars of registered/ paid up

share capital

 

Effective interest

held

 

 

 

 

 

 

 

 

 

Fovea International Holdings Limited

 

British Virgin Islands

 

Investment holding

 

100 ordinary shares at par value of US$1

 

100%

 

 

 

 

 

 

 

 

 

Fovea Jewellery Holdings Limited

 

Hong Kong

 

Sales and marketing in Hong Kong

 

1 ordinary share at par value of HK$1

 

100%

 

 

 

 

 

 

 

 

 

Gold Shiny International Limited

 

British Virgin Islands

 

Investment holding

 

115 ordinary shares at par value of US$1

 

100%

 

 

 

 

 

 

 

 

 

Gold Shiny (Asia) Limited

 

Hong Kong

 

Sales and marketing in Hong Kong

 

1 ordinary share at par value of HK$1

 

100%

 

The Company and its subsidiaries are hereinafter referred to as (the “Company”).