LVPAI Group Limited is a dormant Nevada holding company and blank-check (SPAC-style) vehicle with no operations, revenue, customers, or employees that is seeking an initial business combination and whose management and sponsors have ties to the PRC.

# LVPAI Group Limited

## Overview
LVPAI Group Limited is a Nevada holding company with no ongoing operations. It operates as a blank-check (SPAC-style) entity seeking to identify and consummate an initial business combination with an operating company.

## Current operations and business plan
- Dormant since 2011.
- No current business activities; focused on identifying and completing a business combination.
- As of the report date, there are no agreements, arrangements, or understandings with respect to a specific target business.

## Financial and operations snapshot
- Employees: 0. An entity controlled by the CEO provides part-time consulting services to the company without compensation.
- Customers: None.
- Revenue and income: The company has no operating business and reports no operating revenue or income.

## Corporate structure and controlling interests
The company is managed by a board and officers with ties to the People’s Republic of China. The filing documents material transfers of Series A Preferred shares and common stock that changed voting control over time:
- January 25, 2021: 10,000,000 Series A Preferred shares transferred to Yang Fuzhu, giving him approximately 86.95% voting rights on a fully diluted basis; consideration paid was $250,000.
- August 12, 2022: Private transfers to Chen Yuanhang (4,000,000 Series A) and Frank Chen (1,000,000 Series A); aggregate voting rights for the purchasers became about 43.48%, while Yang Fuzhu retained about 43.48% and ceased to be the controlling shareholder.
- December 1, 2023: Transfers of 2,000,000 Series A and 20,000,000 common shares to Chen Yuanhang; purchasers then held about 65.36% of voting rights and Yang Fuzhu held about 19.22%.
- July 5, 2024: Xu Ni appointed as a director for a term ending at the next annual meeting.
- October 23, 2024: Xu Ni resigned as a director.

The company notes that management and the sponsor have substantial ties to the PRC.

## Principal office
50 West Liberty Street, Suite 880, Reno, NV 89501.

## Regulatory and geopolitical considerations
The company’s filing highlights forward-looking statements and documents regulatory and geopolitical risks associated with activities tied to China. Specific areas of risk include potential PRC approvals for future business combinations, PRC cybersecurity review rules, foreign investment laws, and U.S. regulatory scrutiny (including HFCAA and CFIUS considerations). These factors could affect the timing, viability, or value of any proposed business combination.

## Summary
LVPAI Group Limited is a dormant Nevada holding company with no customers, employees, revenue, or operating income. Its stated objective is to locate and complete an initial business combination. The company has experienced changes in controlling shareholders, its board and management have PRC ties, and it remains in the pre-acquisition phase subject to regulatory and geopolitical risks.

LVPAI Group Limited is a dormant holding company based in Nevada, focused on identifying and acquiring a business in the United States, with no current operations, revenue, or employees.

# Company Summary

**Name:** LVPAI Group Limited (formerly known as Finotec Group, Inc.)  
  
**Legal Structure:** Nevada corporation, incorporated in the United States, currently holding no operations and no revenue.  
  
**Business Activities:**  
- The company is currently in a dormant state since November 2011.  
- As of the latest filing, it primarily acts as a holding company with no operations or commercial activities.  
- Its main focus is to search for a target business to consummate an initial business combination (such as a reverse merger or acquisition).  
- It has not yet entered into any arrangements or agreements with any specific target business.  
- The company aims to identify and acquire a viable operating business in the United States.  
  
**Management & Key Characters:**  
- The CEO and Chairman is David Lazar, with extensive experience in distressed public companies and investment activities.  
- The company's officers and directors have significant ties to China, residing there, but the Nevada-based entity currently has no operational subsidiaries or assets in China.  
  
**Financials:**  
- As of January 31, 2025, the company has no assets or revenue.  
- Financial statements show a net loss of $32,555 for the fiscal year ended January 31, 2025.  
- Total liabilities amount to $137,655, including accrued liabilities and notes payable related parties.  
- No cash or equivalents at the end of fiscal periods (January 31, 2025, and 2024).  
- Share structure includes 100,103,103 shares of common stock and 8,000,000 shares of Series A preferred stock issued and outstanding.  
- The company has never paid dividends and currently has no equity compensation plans.  
  
**Recent Corporate Actions:**  
- Changed controlling shareholders through series of private transactions involving transfers of preferred shares and common stock.  
- No employees; management provides part-time consulting services without compensation.  
  
**Other Details:**  
- The company is considered a smaller reporting company and emerging growth company.  
- It is publicly filing its periodic reports, including audited financial statements prepared according to U.S. GAAP.  

**Overall:**  
LVPAI Group Limited operates as a dormant holding company with no current business operations, revenue, or employees. Its primary activity is to seek out and acquire a business in the U.S., but it has not yet entered into any specific transactions or agreements related to such acquisitions.

Lvpai Group Limited is a dormant Nevada-incorporated company seeking to locate and acquire an operating business for a potential initial business combination in China.

# Lvpai Group Limited

## Overview
Lvpai Group Limited, incorporated in Nevada, has been dormant since November 2011. Its current objective is to locate and acquire an operating business to complete an initial business combination.

## Management
- March 2020: Custodian Ventures LLC was appointed custodian and David Lazar was named CEO.  
- January 25, 2021: Yang Fuzhu became the controlling shareholder and assumed the roles of President, CEO, CFO, and Chairman of the Board.  
- December 1, 2023: Chen Yuanhang assumed the role of CEO and Zhang Wenmin became CFO.

## Operations

### Business status
- The company has been inactive since 2011 and is primarily focused on identifying a target for acquisition.  
- The primary geographic focus for a potential business combination is the People’s Republic of China (PRC).

### Corporate structure
- Lvpai Group operates as a holding company and does not hold operating businesses or equity interests in PRC companies.  
- The company is subject to PRC regulations governing foreign investment and mergers and acquisitions, which may require special approvals.

## Financial and staffing
- The company has not generated operating revenues while dormant.  
- There are no full-time employees. The company receives part-time consulting services without compensation from an entity controlled by the CEO.

## Market position and risks
- Lvpai Group competes with entities organized for similar purposes, including venture capital firms and SPACs.  
- Economic conditions and PRC regulatory requirements may affect the company’s ability to complete a business combination.

## Customers
- The company does not maintain an active customer base and has not commenced operations post-acquisition.

## Conclusion
Lvpai Group Limited is in a transitional phase, pursuing a business combination to enter active operations and generate business activity.

LVPAI GROUP Ltd

10-K / May 18, 2026

10-K / May 6, 2025

10-K / April 24, 2024

10-K / May 18, 2026

LVPAI Group Limited

Overview

Current operations and business plan

Financial and operations snapshot

Corporate structure and controlling interests

Principal office

Regulatory and geopolitical considerations

Summary