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.

# Summary of Lvpai Group Limited

## Overview
Lvpai Group Limited (the “Company”), incorporated in Nevada, has been dormant since November 2011. The Company’s main objective as of now is to locate and acquire an operating business in order to consummate an initial business combination. 

## Management
In March 2020, Custodian Ventures LLC was appointed as the custodian of the Company, and David Lazar was appointed as CEO. However, as of January 25, 2021, Yang Fuzhu became the controlling shareholder and assumed the roles of President, CEO, CFO, and Chairman of the Board. Leadership has continued to change, with Chen Yuanhang currently serving as the CEO and Zhang Wenmin as the CFO (effective December 1, 2023).

## Current Operations

1. **Business Status**: 
   - **Dormancy**: The Company has not actively conducted any business operations since 2011 and is primarily in the phase of searching for a target company for acquisition.
   - **Investor Focus**: The company targets a potential business combination primarily in the PRC (People's Republic of China), especially in light of the regulatory landscape and existing operation considerations.

2. **Corporate Structure**: 
   - As a holding company, Lvpai Group does not hold any direct operating businesses or equity interests in any PRC companies. The Company operates under complex regulations and guidelines associated with mergers and acquisitions of local businesses by foreign investors, which may require special approval.

## Financial Situation
- As of the latest reporting, there are no operational revenues generated since the company remains dormant.
- **Employee Count**: The Company currently has no full-time employees but receives part-time consulting services without compensation from an entity controlled by the CEO.

## Risks and Market Position
- **Competition**: Lvpai Group faces substantial competition, primarily from companies organized for similar purposes, including venture capital firms and SPACs.
- **Market Viability**: The current economic climate and potential regulatory environments in China pose additional challenges for the Company in concluding a business combination successfully.

## Customer Base
- **Number of Customers**: The Company does not maintain any active customer base as it has not yet commenced operations following a business combination.

## Conclusion
Lvpai Group Limited is in a transitional phase as it seeks to enter a new operational phase through potential business combinations. There are no revenues, no employees, and no active customer base, relying instead on future acquisitions to generate business activity and financial performance.

LVPAI GROUP Ltd

10-K / May 6, 2025

10-K / April 24, 2024

10-K / May 6, 2025

Company Summary