China Foods Holdings Ltd.

China Foods Holdings Ltd. (CFOO) is a Delaware holding company that conducts its business through its wholly-owned subsidiary, Guangzhou Xiao Xiang Health Industry Company Limited (GXXHIC). GXXHIC is a limited liability company organized under the laws of China on March 8, 2017. GXXHIC is wholly owned by Alpha Wellness (HK) Limited, a Hong Kong limited liability company formed on April 24, 2019, which is in turn wholly owned by Elite Creation Group, a British Virgin Islands limited liability company formed on September 5, 2018. Alpha Wellness (HK) Limited and Elite Creation Group are holding companies without operations and are wholly owned by CFOO. Substantially all of CFOO's operations are conducted in China and are governed by Chinese laws, rules, and regulations. CFOO was incorporated in Delaware on January 10, 2019, and on January 23, 2019, merged with Trafalgar Resources, Inc., with CFOO as the surviving entity. Prior to the merger, Trafalgar had not commenced operations for several years, resulting in insignificant revenue, and focused primarily on raising capital and attempting to acquire an operating entity.