Summary of Vanjia Corporation's Business

Company Overview:

• Vanjia Corporation was incorporated in Texas on August 19, 2011.
• The company's primary focus is on building affordable homes in Houston, Texas, specifically in designated HOPE and Workforce neighborhoods created by the Houston Housing and Community Development Department (HHCD).

Business Activities & Products:

• The company's main product is constructing affordable single-family homes and duplexes within Houston's redevelopment neighborhoods.
• These neighborhoods have price ceilings, typically selling homes starting around $98,000 to $165,000.
• Focused on serving low- to moderate-income families, with eligibility for government-assisted programs like the Houston HOPE Program, which provides financial aid up to $30,000 for down payments, closing costs, and principal.
• The company aims to educate potential buyers through seminars and homebuyer education classes, targeting first-time and repeat homebuyers.
• Marketing strategies include grassroots outreach ("farming" neighborhoods), distributing flyers in community hubs, engaging community leaders and pastors, reaching veterans receiving VA loans, and collaborating with real estate agents and Section 8 offices to promote homeownership opportunities.

Market & Competition:

• The company competes with local and national home builders, resale homes, condominiums, and rental housing.
• It plans to build approximately 2-3 homes in its first year, 3-5 homes in the second year, and 5-8 homes in the third year, all located in Houston, Texas.

Operational Details:

• Owned one developmental lot in Palestine, Texas, with the capacity to accommodate up to two duplexes.
• Does not currently have any employees; operations are likely managed by the CEO, Tian Su Hua, and independent contractors.
• Revenue for the year ended December 31, 2024, was $0, with a net loss of $13,943.
• As of December 31, 2024, the company had assets totaling approximately $864,889, primarily cash ($72,889) and accounts receivable ($4,720).
• The company reported no liabilities as of December 31, 2024.

Financial & Revenue Details:

• No current revenue from home sales; revenue for 2024 was $0, while 2023 revenue was $82,720 (likely from other services or past operations).
• Net loss for 2024 was $13,943, after administrative expenses.
• The company's equity as of December 31, 2024, was $77,609, down from $833,553 in 2023, primarily due to deductions in paid-in capital and net loss.

Additional notes:

• The company has a line of credit of up to $5,000,000 from its CEO, Tian Su Hua, at 0% interest, intended to finance operations over the next year.
• It has no current plans for dividends or employee compensation.
• The company is registered with OTCMARKET under the ticker "VNJA".