Bio Essence Corp

Bio Essence Corp. is an herbal health, diet, and nutrition company that provides herbal health, diet, and vitamin nutritional supplements. The Company was incorporated in California on January 1, 2000. On January 27, 2016, Jian Yang purchased a controlling interest in the Company and entered into a stock purchase agreement with Fusion Diet Systems, Inc. dba Fusion Naturals, a Utah corporation incorporated on April 20, 2010. On January 9, 2017, the Company created Bio Essence Pharmaceutical, Inc. ("BEP") in California to serve as a health supplements manufacturer. On January 12, 2017, the Company created its third subsidiary, Bio Essence Herbal Essentials Inc. ("BEH"). The Company served as a holding corporation for these subsidiaries. On November 13, 2021, the Company dissolved Fusion Naturals and formed McBE Pharma, Inc. ("McBE") as a new wholly owned subsidiary. BEP's primary focus was producing products for BEH and McBE, and providing original equipment manufacturing (OEM) and private label services to other companies. BEH targeted and developed traditional Chinese medicines ("TCM") as single herbs, granules, pills, and tablets, and offered special formulated dietary supplements and medical food. On December 12, 2023, the Company sold 100% equity ownership of BEP to Newway Inc for $300,000. On March 28, 2024, the Company agreed to sell 100% equity ownership of BEH to Health Up Inc. for $400,000. On April 15, 2024, the Company dissolved McBE. The Company now manages its operations directly, selling healthy supplement products and providing OEM services.