Landbay Inc

Landbay Inc. operates a furniture retail and furniture design business in the New York area. The company was incorporated in New York State on January 28, 2016. Its principal executive office is located at Room 3501, EFC Building, Yuhang District, Hangzhou City, Zhejiang Province, China. On July 24, 2019, a change of control and management occurred when Larison Inc., the principal stockholder, sold 9,222,350 shares of common stock, representing approximately 96% of the company's issued and outstanding shares, to Northern Ifurniture Inc. Prior to this change, Landbay Inc. was involved in holding or trading securities in the US market and trading and holding whisky in the UK market. Following the management change, the company shifted its focus to its current furniture operations. On August 15, 2019, the Board of Directors approved an amendment to reduce the company's authorized common stock from 999,000,000 shares to 30,000,000 shares. On April 29, 2021, the company further amended its article with New York State to increase the authorized Class A common shares with a par value of $0.001 to 100,000,000 shares and to add 20,000,000 shares of preferred stock with a par value of $0.001.