Yinfu Gold Corporation has transitioned from exploration to emerging internet, AI, and IoT industries, with no current revenue and a minimal asset base.

# Summary of Yinfu Gold Corporation

## Business Overview
- Originally incorporated as an exploration stage mineral search company, now focused on emerging industries in internet technology, artificial intelligence (AI), and the Internet of Things (IoT).
- The company's primary operations are conducted in China, specifically in Shenzhen.
- No current revenue-generating activities; no products or services are yet developed or offered.

## Current Business Activities
- Transitioned from mineral exploration to new-emerging application industries related to internet tech, AI, and IoT.
- Acquired 100% of Yinfu Group International Holdings Limited (Hong Kong) and its subsidiary Yinfu International Holdings Limited (PRC), which are owned by management.
- No revenue has been generated from these activities as of the report.

## Financial Highlights (as of March 31, 2025)
- **Employees**: 3 employees, including Mr. Zhang Hong, who serves as President and Director, with a monthly salary of $5,000 from May 2025.
- **Customers and Clients**: No specific number of customers, clients, or user base provided.
- **Revenue**: $0 for the fiscal year ended March 31, 2025.
- **Net Income**: $29,444 for the fiscal year ended March 31, 2025.
- **Assets**: Total assets of $22,443 (down from $25,860 the previous year).
- **Liabilities**: Total liabilities of $517,459 (down from $2,656,537 the previous year).
- **Stockholders’ Deficit**: -$495,016 as of March 31, 2025.

## Capital and Stock
- **Shares Outstanding**: 121,983,993 common shares issued and outstanding as of March 31, 2025.
- **Stockholders**: 1,704 shareholders as of March 31, 2025.
- The company raised $120,000 in a private placement of 120 million shares in February 2023.
- No dividends paid or declared; current policy is to retain earnings for operations.

## Operations and Revenue Model
- The company has not yet commenced planned operations or generated revenues.
- Relying on funding from directors and significant stockholders.
- No sales, product offerings, or service revenues currently reported.

## Overall Status
- The company is in a transition phase, shifting from exploration to technology-related industries.
- It has minimal cash reserves ($440) and limited assets.
- Still in developmental/stage mode with no current operational revenue.

Yinfu Gold Corporation, originally a mineral exploration firm, has pivoted to providing financial services leveraging a customer database of approximately 31 million members, while currently facing financial challenges with no revenue generation and a significant accumulated deficit.

# Yinfu Gold Corporation Overview

**Corporate Structure:**
- Incorporated in Wyoming on September 1, 2005.
- Originally named Ace Lock & Security, Inc., later changed to Element92 Resources Corp., and finally to Yinfu Gold Corporation in 2010.
- Address: Suite 2313, Dongfang Science and Technology Mansion, Nanshan District, Shenzhen, China 518000.

**Business Focus:**
- Originally engaged in the exploration of commercially viable minerals, the company has since shifted its focus away from mineral exploration.
- As of now, Yinfu Gold Corporation does not actively pursue mineral exploration opportunities.

**Current Operations:**
- The company’s business primarily involves providing financial services and leveraging its customer database which includes about **31 million members** from its acquired domain, [dahuacheng.com](http://www.dahuacheng.com).
- The company operates through its subsidiary, Yinfu International Holdings Limited, a wholly owned foreign enterprise in China.

**Employees:**
- Currently has **8 employees**, including the president and directors, who serve without remuneration. They plan to hire up to **20 additional staff** in the next 12 months.

**Financial Status:**
- The company reported limited cash on hand, with no current revenue generated.
- The organization sustained a loss for the fiscal year ended March 31, 2024.
- Funding relied solely on contributions from directors and significant stockholders, with recent private placements generating **$120,000** from the issuance of **120 million shares**.

**Business Strategy:**
- Yinfu Gold Corporation aims to stabilize and expand its operations by potentially increasing its capital through acquiring new ventures, despite not having a specific plan for acquisitions or mergers at present.

**Regulatory Environment:**
- The company is subject to various PRC laws and regulations affecting its operations, including those relating to foreign investment, cybersecurity, and privacy that could impact its ability to operate effectively in China.

**Risks:**
- The company acknowledges several risks, including the complexities of the Chinese regulatory environment, potential limitations in obtaining necessary approvals, and the economic conditions within China that could affect future growth.
- Due to the ongoing scrutiny of U.S.-listed Chinese companies, there are challenges related to compliance with SEC regulations and potential impact on share trading.

**Revenue and Income:**
- Currently, Yinfu Gold Corporation has **no source of revenue** and relies on external funding for operational costs. 

This summary highlights the key operational aspects, current status, and challenges faced by Yinfu Gold Corporation as it navigates its transition from mineral exploration to providing financial services in China.

Yinfu Gold Corp.

10-K / June 30, 2025

10-K / July 15, 2024

10-K / June 30, 2025

Summary of Yinfu Gold Corporation

Business Overview

Current Business Activities

Financial Highlights (as of March 31, 2025)

Capital and Stock

Operations and Revenue Model

Overall Status