King Resources, Inc.

King Resources, Inc. operates in the arts and collectibles business primarily through its subsidiary, Heavenly Grace Limited. Heavenly Grace, which began operations in Hong Kong in April 2025, conducts both online and physical trading of arts and collectibles. The company uses blockchain and NFT technologies to create title documentation and a transparent ledger for each artwork or collectible, aiming to improve the collector experience and streamline sales. Through its physical business, King Resources provides authentication, valuation, and certification (AVC) services, as well as sale and purchase, hire purchase, financing, custody, security, and exhibition (CSE) services to art and collectible buyers. These services are offered through traditional methods and by leveraging blockchain technology to create Digital Ownership Tokens (DOTs). The company is not required to obtain permission from Chinese authorities to operate or issue securities to foreign investors. King Resources acquires collectibles at a discount from market value, based on valuations by recognized experts. It then sells these collectibles at or above market valuation through its online trading platform or third-party auction houses. Collectibles are primarily sourced from China and Hong Kong, with plans to expand global sourcing. The company's trading platform is hosted in Hong Kong, and it collaborates with third-party auction houses in Hong Kong and France. King Resources generally does not maintain custody of DOTs or crypto assets; any DOTs sold as ownership documents are minted and held by third parties, often following a "sell then mint" process where DOTs are only minted after being sold.