UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-K

~~(Mark~~☒ ANNUAL REPORT ~~One~~PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

xFor ~~ANNUAL~~the ~~REPORT~~fiscal ~~PURSUANT~~year TOended: ~~SECTION~~December 1331, ~~OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934~~2016

~~For the fiscal year ended December 31, 2015~~or

¨☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from _____________ to ___________________

Commission ~~file~~File ~~number~~No. 000-55068

HEYU LEISURE HOLIDAYS CORPORATION

(Exact name of registrant as specified in its charter)

CLOUD RUN ACQUISITION CORPORATION

Delaware

46-3601223

(State or other jurisdiction of

incorporation or organization)

(I.R.S. Employer

Identification No.)

~~(Former~~611 ~~Name~~South ofMain ~~Registrant~~Street, ~~as Specified~~Grapevine, inTexas ~~its Charter)~~76051

Delaware	46-3601223
(State or other jurisdiction of	(I.R.S. Employer
incorporation or organization)	Identification No.)

(Address of principal executive offices)

~~Westwood~~Issuer’s ~~Business~~telephone ~~Center~~number: (+86) 592 504 9622

~~611~~Securities ~~South~~Registered ~~Main~~pursuant ~~Street~~to Section 12(b) of the Act: None

~~Grapevine~~Securities Registered pursuant to Section 12(g) of the Exchange Act: Common Stock, ~~Texas~~$.0001 ~~76051~~par value per share

~~(Address~~Indicate ofby ~~principal~~check ~~executive~~mark ~~offices)~~if the registrant ~~(zip~~is ~~code)~~a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.

~~Registrant's~~Yes ~~telephone~~☐ No ~~number, including area code: (+86) 592 504 9622~~☐

~~Securities~~Indicate ~~registered~~by check mark if the registrant is not required to file reports pursuant to Section 1213 or 15(bd) of the Act~~: None~~.

~~Securities~~Yes ~~registered~~☐ No ~~pursuant to Section 12(g) of the Exchange Act:~~☐

~~Common~~Indicate ~~Stock~~by check mark whether the registrant (1) has filed all reports required to be filed by section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), ~~$.0001~~and ~~par~~(2) ~~value~~has ~~per~~been ~~share~~subject to such filing requirements for the past 90 days.

~~(Title~~Yes of☒ No ~~class)~~☐

Indicate by check mark ifwhether the registrant has issubmitted aelectronically ~~well-known~~and ~~seasoned issuer~~posted on its corporate Website, asif ~~defined~~any, inevery Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the ~~Securities~~preceding ~~Act~~12 months (or for such shorter period that the registrant was required to submit and post such files).

¨ Yes x ☐ No ☐

Indicate by check mark if ~~the~~disclosure ~~registrant~~of delinquent filers pursuant to Item 405 of Regulation S-K (§229.405 of this chapter) is not ~~required~~contained ~~to file~~herein, ~~reports~~and ~~pursuant~~will not be contained, to ~~Section~~the 13best of registrant’s knowledge, in definitive proxy or ~~Section~~information ~~15(d)~~statements incorporated by reference in Part III of ~~the~~this ~~Act~~Form 10-K or any amendment to this Form 10-K. ☐

~~¨ Yes x No~~Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See definitions of “large accelerated filer,” “accelerated filer,” and “smaller reporting company” in Rule 12b-2 of the Exchange Act.

~~Indicate~~Large byaccelerated ~~check~~filer ~~mark~~☐ ~~whether~~Accelerated ~~the~~filer ~~registrant (1)~~☐ ~~has~~Non-accelerated ~~filed~~filer ~~all~~☐ ~~reports required to be filed by Section 13 or 15~~(d)Do ofnot ~~the~~check ~~Securities~~if ~~Exchange~~a ~~Act~~smaller ofreporting ~~1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports~~company), ~~and~~Smaller ~~(2)~~reporting ~~has~~company ~~been subject to such filing requirements for the past 90 days.~~☒

x Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act). Yes ¨ ☐ No ☒

~~Indicate~~The byaggregate ~~check~~market ~~mark~~value ~~whether~~of the ~~registrant~~voting ~~has submitted electronically~~ and ~~posted~~non-voting oncommon ~~its~~equity ~~corporate~~held ~~Website,~~by ifnon-affiliates ~~any,~~of ~~every~~the ~~Interactive~~registrant ~~Data~~was ~~File~~$6,000 ~~required~~as ~~to be submitted and posted pursuant to Rule 405~~ of ~~Regulation~~June ~~S-T~~30, ~~(Section~~2016, ~~232.405 of this chapter) during~~ the ~~preceding~~last 12business ~~months~~day ~~(or for such~~of ~~shorter period that~~ the registrant’s ~~was~~most ~~required~~recently tocompleted ~~submit~~second ~~and~~fiscal ~~post such files)~~quarter.

~~x Yes ¨ No~~At May 26, 2017, there were 60,001,000 shares of the registrant’s common stock outstanding.

~~Indicate~~DOCUMENTS byINCORPORATED ~~check~~BY mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K (Section 229.405 of this chapter) is not contained herein, and will not be contained, to the best of registrant's knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K.REFERENCE

~~x Yes ¨ No~~None

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of "large accelerated filer", "accelerated filer", "non-accelerated filer", and "smaller reporting company" in Rule 12b-2 of the Exchange Act.

Large Accelerated filer ¨ Accelerated filer ¨ Non-accelerated filer ¨ Smaller reporting company x (do not check if smaller reporting company)

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).

¨Yes x No

State the aggregate market value of the voting and non-voting common equity held by non-affiliates computed by reference to the price at which the common equity was last sold, or the average bid and asked price of such common equity, as of the last business day of the registrant's most recently completed second fiscal quarter.

$ 0

Indicate the number of shares outstanding of each of the registrant's classes of common stock as of the latest practicable date.

Class	Outstanding at
	July 15, 2016
Common Stock, par value $0.0001	60,001,000
Documents incorporated by reference:	None

HEYU LEISURE HOLIDYS CORPORATION

FORM 10-K ANNUAL REPORT

FOR THE YEAR ENDED DECEMBER 31, 2015

TABLE OF CONTENTS

		Page
PART I
Item 1.	Business	3
Item 1A.	Risk Factors	4
Item 1B.	Unresolved Staff Comments	8
Item 2.	Properties	8
Item 3.	Legal Proceedings	8
Item 4.	Mine Safety Disclosures	8
PART II
Item 5.	Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities	8
Item 6.	Selected Financial Data	10
Item 7.	Management's Discussion and Analysis of Financial Condition and Results of Operations	10
Item 7A.	Quantitative and Qualitative Disclosures about Market Risk	13
Item 8.	Financial Statements and Supplementary Data	13
Item 9.	Changes in and Disagreements with Accountants on Accounting and Financial Disclosure	13
Item 9A.	Controls and Procedures	13
PART III
Item 10.	Directors, Executive Officers and Corporate Governance	14
Item 11.	Executive Compensation	19
Item 12.	Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters	20
Item 13.	Certain Relationships and Related Transactions, and Director Independence	20
Item 14.	Principal Accounting Fees and Services	20
PART IV
Item 15.	Exhibits, Financial Statement Schedules	20
	Signatures	42

PART I	1
ITEM 1. BUSINESS.	1
ITEM 1A. RISK FACTORS.	7
ITEM 1B. UNRESOLVED STAFF COMMENTS.	7
ITEM 2. PROPERTIES.	7
ITEM 3. LEGAL PROCEEDINGS.	7
ITEM 4. MINE SAFETY DISCLOSURES.	7
PART II	8
ITEM 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES.	8
ITEM 6. SELECTED FINANCIAL DATA.	10
ITEM 7. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS.	10
ITEM 7A. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK.	14
ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA.	14
ITEM 9. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE.	14
ITEM 9A. CONTROLS AND PROCEDURES.	14
ITEM 9B. OTHER INFORMATION	15
PART III	16
ITEM 10. DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE.	16
ITEM 13. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, DIRECTOR INDEPENDENCE.	24
ITEM 14. PRINCIPAL ACCOUNTING FEES AND SERVICES.	25
PART IV	26
ITEM 15. EXHIBITS, FINANCIAL STATEMENT SCHEDULES.	26

2 Throughout this report, unless otherwise designated, the terms “we,” “us,” “our,” “the Company” and “our company” refer to Heyu Leisure Holidays Corporation, a Delaware corporation, and its subsidiaries. All amounts in this report are in U.S. Dollars, unless otherwise indicated.

FORWARD-LOOKING STATEMENTS

This Annual Report on Form 10-K contains “forward-looking statements,” as that term is defined under the Private Securities Litigation Reform Act of 1995. The use of words such as “anticipates,” “estimates,” “expects,” “intends,” “plans” and “believes,” among others, generally identify forward-looking statements. These forward-looking statements are based on our management's expectations and assumptions about future events as of the date of this Annual Report on Form 10-K, which are inherently subject to uncertainties, risks and changes in circumstances that are difficult to predict. Forward-looking statements include statements about our expectations, beliefs or intentions regarding our product offerings, business, financial condition, results of operations, strategies or prospects. You can identify forward-looking statements by the fact that these statements do not relate strictly to historical or current matters. Rather, forward-looking statements relate to anticipated or expected events, activities, trends or results as of the date they are made. Because forward-looking statements relate to matters that have not yet occurred, these statements are inherently subject to risks and uncertainties that could cause our actual results to differ materially from any future results expressed or implied by the forward-looking statements. Many factors could cause our actual activities or results to differ materially from the activities and results anticipated in forward-looking statements. These forward-looking statements are only predictions and reflect our views as of the date they are made with respect to future events and financial performance. We undertake no obligation to update, and we do not have a policy of updating or revising, these forward-looking statements.

PART I

~~Item~~ITEM 1. ~~Business~~BUSINESS.

~~Heyu~~THE Leisure Holidays Corporation (formerly Cloud Run Acquisition Corporation) ("Heyu" or the "Company") was incorporated on July 2, 2013 under the laws of the State of Delaware to engage in any lawful corporate undertaking, including, but not limited to, selected mergers and acquisitions. The Company will attempt to locate and negotiate with a business entity for the combination of that target company with Heyu Leisure Holidays Corporation. The combination will normally take the form of a merger, stock-for-stock exchange or stock-for-assets exchange. In most instances the target company will wish to structure the business combination to be within the definition of a tax-free reorganization under Section 351 or Section 368 of the Internal Revenue Code of 1986, as amended. The Company has been formed to provide a method for a foreign or domestic private company to become a reporting company with a class of securities registered under the Securities Exchange Act of 1934.BUSINESS

OnCorporate ~~February~~History 9,and ~~2015, Heyu~~General Leisure Holiday Corp. (“Heyu Leisure” or the “Group” or the “Registrant” ) merged with Heyu Capital Ltd (“Heyu Capital”), a corporation existing under the laws of Hong Kong (Special Administrative Region of the PRC). Pursuant to the merger, the Registrant acquired all of the outstanding common shares of Heyu Capital through the issuance of common shares of the Registrant to the shareholders of Heyu Capital.Information

AsThe aCompany ~~result of the~~manages ~~Merger~~unique ~~and~~budget ~~pursuant~~hotels toin ~~the~~China ~~Resolution,~~and ~~Heyu~~internationally ~~Capital~~and ~~has~~luxury ~~become~~hotels athat ~~wholly-owned~~provide ~~subsidiary~~executive offacilities, ~~the~~leisure ~~Registrant~~clubs and the ~~Registrant issued~~highest ~~shares~~level of ~~its~~operational ~~common~~excellence ~~stock~~via toselected ~~shareholders of Heyu Capital at a rate of 1~~mergers,~~000~~ ~~shares~~acquisitions ofand ~~the~~joint ~~Registrant’s common stock for all Heyu Capital common share~~ventures. ~~Immediately prior to the Merger, the Registrant had 60,000,000 shares of common stock outstanding.~~

~~Following~~In ~~the~~January ~~Merger~~2014, the Company ~~Registrant~~implemented ~~has~~a 60change of control by issuing shares to new shareholders,~~001,000~~ redeeming shares of ~~common~~existing ~~stock~~shareholders, ~~outstanding~~electing new ~~after~~officers ~~the~~and ~~share~~directors ~~exchange~~ and accepting the ~~issuance~~resignations of ~~1,000~~its ~~common~~then ~~shares~~existing officers and directors. In connection with the change toof control, the ~~shareholder~~Company ofchanged its name from Cloud Run Acquisition Corporation to Heyu ~~Capital~~Leisure Holidays Corporation.

~~The~~On ~~following~~February ~~diagram~~9, 2015, ~~illustrates~~the ~~our~~Company ~~corporate~~completed ~~and~~the ~~ownership~~acquisition ~~structure~~of Heyu Capital Ltd. (“Heyu Capital”), a limited liability company formed under the ~~place~~laws of ~~formation~~Hong ~~and~~Kong, in a stock-for stock transaction (the ~~ownership~~“Acquisition” ~~interests~~under a method similar to the pooling-of-interest method ~~our subsidiaries~~ ("Pooling-of-Interest") as the Company and Heyu Capital are both under common control with by the same majority shareholder). Heyu Capital was the sole shareholder of ~~December~~ 31Xiamen Heyu Hotel Management Ltd. (“Xiamen Heyu”), ~~2015~~a limited liability company formed under the laws of the People’s Republic of China. Xiamen Heyu in turn, is the parent company of Xiamen Wu JiaEr Hotel Ltd. (“Xiamen Wu JiaEr ”), a limited liability company formed under the laws of the People’s Republic of China. The purpose of the Acquisition was to facilitate and prepare the Company for a registration statement and/or public offering of securities. As a result of the Acquisition, each of Heyu Capital Ltd, Xiamen Heyu Hotel Management Ltd. and Xiamen Wu JiaEr Hotel Ltd. became wholly owned subsidiaries of the Company.

~~CURRENT~~The ~~ACTIVITIES~~Company is located at 611 South Main Street, Grapevine, Texas 76051. The Company’s main phone number is (+86) 592 504 9622. The Company’s fiscal year end is December 31. Neither the Company nor its predecessors have filed for bankruptcy, receivership or any similar proceedings nor are in the process of filing for bankruptcy, receivership or any similar proceedings.

The Registrant specializes in managing and operating hotel chains in China via selected mergers, acquisitions and joint ventures, with a focus on providing a full range of services to its hotels and amenities to their guests.Background

The ~~Registrant~~Company ~~plans~~has only torecently ~~establish~~emerged ~~hotel~~from ~~chains~~its ~~synonymous~~status ~~with~~as ina development-~~house~~stage ~~leisure~~company, and toit ~~meet~~has ~~the~~limited ~~needs~~operating ofhistory ~~business~~ and ~~recreational~~is ~~travelers~~expected ~~alike. To achieve this goal, the Registrant intends~~ to beexperience losses ~~among~~in the ~~first~~near ~~budget~~term. ~~hotels~~The inCompany’s ~~the~~independent ~~world~~auditors tohave ~~offer~~issued a ~~wide~~report ~~variety~~raising ofsubstantial ~~mobile office~~doubt ~~options~~about inthe ~~each of its hotels, including conference facilities, audio/video equipment, Internet access and staff that can~~Company’s ~~help~~ability ~~plan~~to ~~and~~continue ~~conduct~~as ~~guests’~~a ~~meetings~~going concern.

3 Summary of Operations

The ~~Registrant~~Company ~~also~~ plans to manage ~~offer~~budget ~~select~~hotels ~~complimentary beverages~~ and ~~other~~luxury ~~services~~hotels tovia ~~hotel~~selected ~~guests. The Registrant will also offer memberships for Heyu Hotel leisure clubs. Club members will be entitled to complimentary drinks~~mergers, ~~food~~acquisitions and ~~other~~joint ~~services~~ventures ~~when~~in ~~they~~China ~~visit~~as ~~club facilities.~~follows:

AsBudget ~~of December 31, 2015, the Company had sustained a net loss of $1,027,932 and had an accumulated deficit of $6,039,956.~~hotels:

The Company's ~~independent~~intends ~~auditors~~to ~~have~~establish ~~issued~~hotel achains ~~report~~synonymous ~~raising~~with ~~substantial~~in-house ~~doubt~~leisure ~~about~~clubs ~~the~~to ~~Company's~~meet ~~ability~~the toneeds ~~continue~~of asbusiness aand ~~going~~recreational ~~concern.~~travelers ~~At present,~~alike. ~~the~~The Company ~~has~~intends noto ~~operations~~create ~~and~~ the ~~continuation~~first ofbudget hotels in the ~~Company~~world asto offer a ~~going~~wide ~~concern~~variety isof ~~dependent~~mobile ~~upon~~office ~~financial~~options ~~support~~in ~~from~~each ~~its~~of ~~stockholders~~its hotels, ~~its~~including ~~ability~~conference tofacilities, ~~obtain~~audio/video ~~necessary~~equipment, ~~equity~~Internet ~~financing~~access toand ~~continue~~staff ~~operations~~that can help plan and~~/or~~ conduct guests’ meetings. The Company also plans to ~~successfully~~offer ~~locate~~selected complimentary beverages and ~~negotiate with~~other aservices ~~business~~to ~~entity~~hotel guests. Memberships will also be offered for aHeyu ~~business~~Hotel ~~combination~~leisure ~~that~~club, ~~would~~which ~~provide~~will aentitle ~~basis~~members ofto ~~possible~~complimentary ~~operations~~drinks and services when they visit and use club facilities.

~~There~~Luxury ~~is no assurance that the Company will ever be profitable.~~hotels:

~~Item~~The ~~1A.~~Company ~~Risk~~intends to ~~Factors~~manage and operate luxury hotels (4-5 stars) with the luxury facilities, including indoor swimming pools, Karaoke bars, business centers, ballrooms and high-end restaurants.

~~The Registrant has generated revenues, but limited profits, to date.~~1

The ~~Registrant~~Company ~~has~~expects ~~generated limited profits~~ to ~~date.~~establish ~~The~~and ~~business~~maintain ~~model~~customer ofrelationships ~~the Registrant involves significant costs, resulting in a low margin on revenues. Coupling this fact with operating expenses incurred~~ by ~~the~~developing ~~Registrant,~~and ~~the~~providing ~~Registrant~~products ~~has~~and ~~only~~services ~~generated~~that aoffer ~~small~~value ~~amount of total profits~~ in ~~the~~terms ~~past.~~of price, ~~The Registrant hopes that as its business expands via selected mergers~~quality, ~~acquisitions~~safety and ~~joint~~environmental ~~ventures that~~impact. ~~the~~These ~~scale~~services ofwill ~~the~~be ~~enterprise~~supported ~~would~~by ~~result~~the inrequisite atechnological, ~~higher gross margin~~ environmental and ~~net~~commercial ~~margin~~expertise.

NoThe ~~assurance~~Company will expand its budget hotel chain and services to satisfy the needs of ~~success~~its customers. The Company will constantly strive to achieve operational excellence, as well as conduct its business in a safe, environmentally sustainable and economically optimum manner, employing a diverse, innovative and results-oriented team motivated to deliver excellence. The Company seeks the highest standard of performance, maintaining a strong long-term and growing position in the hotel and leisure industry. The Company aims to work closely with its customers, business partners and policy-makers to excel in its business operations year after year.

~~There~~The isCompany ~~no assurance~~anticipates ~~that~~gradually ~~the~~expanding ~~Registrant’s~~its ~~exploration~~presence ~~or development activities will be successful~~globally. ~~Moreover, there is no assurance that any of the Registrant’s operations will have any ability to realize profits.~~

The ~~Registrant~~Business: isHotel ~~an early-stage company with a limited operating history, and as such, any prospective investor may have difficulty in assessing the Registrant’s profitability or performance.~~Operations

~~Because~~The ~~the~~hotel ~~Registrant~~ industry is highly ansegmented ~~early-stage company~~ with amany ~~limited~~different ~~operating~~brands ~~history,~~targeting ita ~~could~~vast berange ~~difficult~~of ~~for~~customer ~~any~~needs ~~investor~~at tovarious ~~assess~~price ~~the~~points. Businesses ~~performance of~~in the ~~Registrant~~hotel orindustry togenerally ~~determine~~operate ~~whether~~under ~~the~~one ~~Registrant~~or ~~will~~more ~~meet~~business ~~its~~models, ~~projected~~including ~~business~~hotel ~~plan.~~management, ~~The~~brand ~~Registrant~~franchising ~~has~~and ~~limited financial~~hotel ~~results~~ownership. Hotels ~~upon~~are ~~which~~categorized aninto ~~investor~~three ~~may~~groups: ~~judge~~full-service, ~~its~~select-service ~~potential~~and limited-service. Full-service Ashotels typically offer a ~~company~~full ~~still~~range ~~in the early stages~~ of ~~its~~amenities ~~life~~and facilities, ~~the~~including ~~Registrant~~food ~~may in~~and ~~the~~beverage ~~future~~facilities ~~experience~~and ~~under~~meeting facilities. Select-~~capitalization,~~service hotels ~~shortages,~~furnish ~~setbacks~~some ~~and many~~ of the ~~problems,~~amenities ~~delays~~offered ~~and~~at ~~expenses encountered by any early~~full-~~stage~~service ~~business.~~hotels Anbut ~~investor~~on ~~will~~a besmaller ~~required~~scale toand ~~make~~generally ando ~~investment~~not ~~decision~~to ~~based~~have ~~solely on the Registrant management’s~~meeting ~~history,~~facilities. Limited-service ~~its~~hotels ~~projected~~usually ~~operations~~offer inonly ~~light~~lodging, ofhowever ~~the~~some ~~risks,~~provide ~~the~~modest ~~limited~~food ~~operations~~ and ~~financial~~beverage ~~results~~facilities ~~of the Registrant to date,~~such ~~and~~as ~~any~~breakfast ~~expenses~~buffets ~~and~~or ~~uncertainties~~small ~~that~~meeting ~~may be encountered by one engaging in the Registrant’s industry~~rooms.

~~The~~Lodging ~~Registrant~~demand ~~expects~~growth is generally related to ~~incur~~the ~~additional~~strength of the overall economy. Additionally, local demand factors may stimulate business and leisure ~~expenses~~travel to specific locations. In particular, macroeconomic trends relating to GDP growth, corporate profits, capital investments and ~~may~~employment ~~ultimately~~growth ~~never~~are besome ~~profitable~~of the primary drivers of lodging demand. As the economy continues to improve, the ongoing trend of strong transient demand and growing group business will continue to drive demand for hotels and lodging and allow the industry to achieve increased growth.

The ~~Registrant~~hotel isindustry anin ~~early-stage~~China ~~company and~~ has apeak ~~limited~~and ~~history~~low ofseasons ~~its~~during ~~operations~~the year. The ~~Registrant~~peak ~~will~~season ~~need~~occurs toduring ~~continue~~the ~~generating~~holiday ~~revenue~~period. Beginning in ~~order to~~February ~~maintain~~with ~~sustained~~the Chinese ~~profitability.~~New ~~Ultimately,~~Year inand ~~spite~~continuing ofthrough the ~~Registrant’s~~week-long ~~best~~holiday orof ~~reasonable~~National ~~efforts~~Day in October, the ~~Registrant~~hotel industry experiences its peak ~~may~~business ~~have~~volume. ~~difficulty~~The inCompany ~~generating~~also ~~revenues~~anticipates orhigh ~~remaining~~volume ~~profitable~~business for certain conventions and expos during the year.

The ~~Registrant’s officers and directors beneficially own a majority of the Registrant’s common stock and, as a result, can exercise control over stockholder and corporate actions.~~Market

The ~~officers~~global ~~and~~hotel ~~directors~~industry, ofand the ~~Registrant~~Chinese ~~currently~~hotel ~~beneficially~~industry ~~own~~in ~~approximately 79% of the Registrant’s outstanding common stock. As such~~particular, ~~they will~~have beimproved ~~able~~as tothe ~~control~~economy ~~most~~has ~~matters~~recovered ~~requiring~~from ~~approval by stockholders, including~~ the ~~election~~recent ofglobal ~~directors~~economic ~~and approval of significant~~downturn. ~~corporate~~Currently, ~~transactions.~~the ~~This~~Company ~~concentration~~focuses ofits ~~ownership~~operations ~~may~~exclusively ~~also~~in ~~have~~ the ~~effect~~Fujian province of ~~delaying~~China orand ~~preventing~~expects ato ~~change~~primarily infocus ~~control,~~its future ~~which~~operations in ~~turn~~that ~~could~~region. ~~have~~The atable ~~material~~below ~~adverse~~indicates ~~effect on~~ the ~~market~~number ~~price~~ of ~~the~~hotels ~~Registrant’s~~available ~~common~~in ~~stock~~Fujian ~~or prevent stockholders from realizing a premium over the market price for their Shares.~~Province:

The Registrant depends on its management team to manage its business effectively.

Number of Hotels
Fujian Province			8176
Xiamen			3215
Fuzhou			1242
Nanping			667
Quanzhou			794
Zhangzhou			657
Longyan			445
Ningde			517
Sanming			385
Putian			254

~~The~~** ~~Registrant's~~Sources: ~~future success~~from ~~is dependent in large part upon its ability to understand and develop the business plan and to attract and retain highly~~official ~~skilled~~website ~~management, operational and executive personnel. In particular, due to the relatively early stage~~ of ~~the Registrant's business, its future success is highly dependent on its officers, to provide the necessary experience and background to execute the Registrant's business plan~~Ctrip. The loss of any officer’s services could impede, particularly initially as the Registrant builds a record and reputation, its ability to develop its objectives, and as such would negatively impact the Registrant's possible overall development.

4 Tourism: Visitors

~~The~~According ~~Registrant’s~~to ~~Management~~state ~~possesses~~tourism bureau, there noare ~~prior~~approximately ~~experience~~3,327,100 ~~managing~~and a3,189,000 ~~public~~visitors ~~company~~visiting ~~and~~Fujian ~~the~~Province, ~~Registrant~~China ~~does~~for ~~not~~the ~~currently~~year ~~possess~~ended ~~effective~~December ~~disclosure~~31, ~~controls~~2016 and ~~procedures~~2015, ~~adequate~~respectively. The number slightly increased from 2015 to 2016. The Company believes there is ample room to enter this market and that barriers for aentry ~~public~~remain ~~company~~relatively low.

Based upon their respective evaluation, the Registrant’s Managing Director and Officers have concluded that, as of December 31, 2014, the existing disclosure controls and procedures of the Registrant were not effective. Disclosure controls and procedures means controls and other procedures that are designed to ensure that information required to be disclosed by the Registrant in the reports it files or submits under the Exchange Act is recorded, processed, summarized and reported within the time periods specified in the Securities and Exchange Commission's rules and forms. Disclosure controls and procedures include, without limitation, controls and procedures designed to ensure that information required to be disclosed by the Registrant in the reports that it files or submits under the Exchange Act is accumulated and communicated to management, including the Managing Director, principal executive and principal financial officer, as appropriate to allow timely decisions regarding required disclosure.2

The ~~Registrant~~Company’s ~~has~~Presence ~~engaged outside accounting and finance advisors to assist the Registrant~~ in ~~better implementing effective disclosure controls and procedures.~~the Market

The ~~Registrant’s~~Company ~~business~~plans ~~may~~to begrow ~~sensitive~~organically toas ~~Chinese~~a ~~economic~~participant ~~conditions~~in the hotel industry via selected mergers, acquisitions and joint ventures. AThe ~~severe~~Company orplans to ~~prolonged~~build ~~downturn~~its inbusiness ~~the~~and ~~Chinese~~industry ~~could~~reputation ~~materially~~through growth by expanding its brand and ~~adversely~~creating ~~affect~~a reputable brand name. Growth ~~our~~will ~~revenues~~be primarily achieved through internal growth and ~~results~~expanding ofits hotel ~~operations~~chain to include more managed hotels.

The ~~Registrant~~Company ~~operates~~had operated ~~primarily~~a inbudget ~~China~~hotel ~~within~~in ~~the Chinese domestic business travel and leisure industry. Accordingly~~Xiamen, ~~the~~Fujian ~~Registrant’s financial results have been~~province, ~~and~~China. ~~are~~The ~~expected~~hotel toterminated ~~continue~~its tooperation ~~be, affected by developments~~ in ~~the~~April ~~Chinese economy and travel industry~~2017. The ~~travel~~ ~~industry~~Company is ~~directly~~currently ~~related to general economic trends and is highly sensitive to business and personal discretionary spending~~in ~~levels.~~the ~~Travel~~process ~~industry~~of ~~growth~~effectuating ~~may~~plans ~~decline during general economic downturns. In 2008, China was affected by the disruptions~~ to ~~financial~~ ~~markets.~~own ~~Although the Chinese economy recovered in 2010~~ and ~~remained~~operate ~~relatively~~a ~~stable~~new inhotel ~~2011~~development ~~and~~that ~~2012,~~ the ~~growth~~Company ~~rate of~~expects ~~China’s GDP decreased in 2013 and 2014, and it is uncertain whether this economic downturn~~ will ~~continue~~conform ~~into~~to ~~2015~~the ~~and~~specifications ~~beyond.~~set Aforth ~~prolonged downturn~~ in ~~the~~its ~~Chinese~~business ~~economy could erode consumer confidence, which could result in changes to consumer spending patterns for travel and lodging-related products and services~~model.

~~China’s~~Governmental economic growth rate may materially decline in the future, which may adversely effects the Registrant’s financial condition and results of operations. Risk of a material downturn in China’s economic growth rate is based on several current or emerging factors including: (i) overinvestment by the government and businesses and excessive credit offered by banks; (ii) a rudimentary monetary policy; (iii) excessive privileges to state-owned enterprises at the expense of private enterprises; (iv) the dwindling supply of surplus labor; (v) a decrease in exports due to weaker overseas demand; and (vi) failure to boost domestic consumption.Regulations

IfThe ~~the~~Company ~~Registrant~~does isnot need ~~unable~~or require approval from government authorities or agencies in order to ~~generate sufficient~~operate ~~cash,~~its itregular ~~may~~business ~~find~~and operations. However, it ~~necessary~~is possible that any proposed expansion to ~~curtail~~the ~~acquisition~~Company’s business and ~~operational~~operations ~~activities~~in the future would require government approvals.

~~The~~Services Registrant’s business plan hinges on its ability to acquire, develop, market and commercialize hotels, in China. If the Registrant is unable secure external sources of funding from investors or fund raising in the capital market to acquire, develop, market and/or commercialize hotels, it would not be able to proceed with its business plan or successfully develop its planned operations at all.

The ~~Registrant~~Company ~~may~~expects to ~~face~~provide ~~significant~~a full range of services to managed hotels so as to meet the quality control and internal control standards of leased-and-operated ~~competition~~hotels, ~~from~~including ~~companies~~decision-making ~~that~~assistance, ~~serve~~customer ~~its~~base ~~industries~~and efficiency analysis, investment and consulting services, cost control analysis and guidance.

~~The~~For hotel ~~and~~guests, ~~hospitality~~the ~~industry~~Company ~~is subject to intense competition. The Registrant’s principal competitors in this industry~~ will ~~include~~bring ~~major~~more ~~hospitality chains,~~value ~~smaller~~to ~~hotel~~guests ~~chains, independent~~ and ~~local~~members ~~hotel~~by ~~owners~~providing ~~and~~competitive ~~other well-established~~ and ~~recognized~~consistent ~~brands~~pricing. The ~~Registrant would~~Company bewill ~~competing~~also ~~for individual guests, group reservations and conference business. Much of the competition for these customers~~provide ismore ~~based~~comfortable ~~on brand name recognition and reputation~~bedding, aspleasanter ~~well as location~~bathrooms, ~~room~~a ~~rates,~~higher ~~property~~standard ~~size and availability~~ of ~~rooms~~cleanliness, ~~quality of the accommodations~~ and ~~amenities,~~an ~~and~~overall ~~customer~~more ~~satisfaction.~~enjoyable The Registrant’s competitors may have greater financial and marketing resources which would allow them to improve their properties and expand and improve their marketing efforts in ways that could affect the Registrant’s ability to effectively compete for guestsexperience. ~~If the Registrant is unable to compete successfully, its financial performance may be adversely affected.~~

~~The~~Management ~~Registrant is subject to the potential factors of market and customer changes.~~Agreement

~~The~~One ~~business~~ of the Company’s ~~Registrant~~main issources ~~susceptible to rapidly changing preferences~~ of ~~the~~revenue ~~marketplace~~will ~~and~~be ~~its~~management ~~customers~~fees. ~~The~~Pursuant ~~needs of customers are subject~~ to ~~constant change. Although~~ the ~~Registrant~~management ~~intends to carry out its plan of acquiring and operating hotels to satisfy changing customer demands in the marketplace~~agreements, ~~there can be no assurance that funds for such expenditures will be available or that~~ the ~~Registrant's competition~~Company ~~will~~expects ~~not~~to ~~develop~~receive ~~similar~~an ~~or superior capabilities or that the Registrant will be successful in its internal efforts.~~initial ~~The~~payment ~~future~~and ~~success~~ongoing offive ~~the~~percent ~~Registrant~~(5%) ~~will depend in part on its ability~~ to ~~respond~~seven ~~effectively~~percent to(7%) ~~rapidly changing trends, industry standards and customer requirements by adapting its visions~~ of ~~potential~~hotel ~~hotels and leisure properties for purchase and improving the features and experience offered by these properties~~revenues.

5 Pricing

~~Insurance~~The ~~that~~main source of revenue for the ~~Registrant~~Company ~~possesses~~will isbe ~~not~~the ~~necessarily sufficient~~sale toof ~~satisfy~~brand ~~all~~licenses ~~potential~~and ~~claims~~management ~~that~~fees. ~~may~~The ~~arise~~Company ~~against~~expects ~~the~~to ~~Registrant~~receive, oras part of its ~~officers~~management agreements, an initial payment followed by ongoing payments of five percent (5%) to seven percent (7%) of hotel revenues. Competitive price and ~~directors~~excellent Customer service is always our priority. We have setting our selling price base on the seasonal factor.

~~There~~As isan noexample ~~assurance that~~of ~~insurance coverage that~~ the Company’s ~~Registrant~~pricing ~~possesses~~model, ~~would~~during ~~be adequate to satisfy any potential claims made against~~ the ~~Registrant, its~~course ~~officers~~of ~~and directors, or~~ its ~~business~~ operations., ~~Any~~the ~~such~~Wu ~~liability~~JiaEr ~~which~~Hotel ~~might~~provided ~~arise~~several ~~could~~different beroom ~~substantial and may exceed~~options, ~~the~~including ~~assets~~standard ofrooms ~~the Registrant. The certificate of incorporation~~ and ~~by-laws~~deluxe ofroom, ~~the~~executive ~~Registrant~~rooms, ~~provide for indemnification of officers~~ and ~~directors~~rooms towith ~~the~~different ~~fullest~~sized ~~extent permitted under Delaware law~~beds. ~~Insofar~~The asrooms ~~indemnification~~varied ~~for~~in ~~liabilities~~price ~~arising under the~~from ~~Securities~~$36 ~~Act~~to ~~may~~$70 be(RMB ~~permitted~~239 to ~~directors,~~RMB ~~officers~~459) ~~and~~per ~~controlling persons, it is the opinion of the Securities and Exchange Commission that such indemnification is against public policy, as expressed in the Act, and is therefore, unenforceable~~night.

~~Intellectual property and/or trade secret protection may be inadequate.~~Competition

The ~~Registrant~~hotel ~~holds~~industry ~~limited~~is ~~intellectual~~highly ~~property~~competitive. ~~rights~~Many inhotel ~~China.~~enterprises ~~The~~expand ~~Registrant~~rapidly ~~has~~around ~~not~~China ~~applied~~and ~~for~~consistently ~~intellectual~~seize ~~property~~market orshare ~~trade~~of ~~secret~~hotel ~~protection~~consumption inwith ~~any~~unified ~~aspect~~service, ofunified ~~its~~management ~~business~~and inunified ~~the~~brand, ~~United~~which ~~States.~~continuously ~~There~~decreases ~~can~~the bemarket noshare ~~assurance~~of ~~that~~ the ~~Registrant~~small ~~can~~and ~~obtain effective protection~~medium ~~against~~sized ~~unauthorized~~hotel. ~~duplication~~However, or the ~~introduction~~Company ofsees ~~substantially~~hotel ~~similar~~branding ~~solutions~~as ~~and~~a ~~services.~~new ~~The~~and ~~Registrant~~untapped ~~may~~opportunity ~~choose to apply for additional intellectual property protection~~ in ~~the~~China. ~~future;~~The ~~however,~~Company ~~there~~projects ~~can be no guarantee~~ that ~~intellectual property~~only ~~rights~~15% ~~will~~of ~~adequately~~hotels ~~protect~~and ~~the~~lodging ~~Registrant~~accommodations orin ~~its~~China ~~business~~are ~~and~~affiliated ~~operations~~with a brand.

~~There~~Strategic ~~has~~Partners ~~been no prior public market for the Registrant’s securities~~ and ~~the lack of such a market may make resale of the stock difficult.~~Suppliers

NoThe ~~prior~~Company ~~public market~~believes ~~has existed for the Registrant’s securities and the Registrant cannot assure any investor~~ that astrategic ~~market~~partnerships will ~~develop subsequent to this offering. An investor must~~ be ~~fully~~a ~~aware~~major component of the ~~long-term~~Company’s ~~nature~~operating ofstrategy anand ~~investment~~path into ~~the Registrant~~success. The ~~Registrant intends~~Company plans to ~~apply~~work ~~for~~with ~~quotation~~several ofstrategic ~~its~~partners ~~common stock on the OTC Bulletin Board as soon as possible which may be while this offering is still~~ in ~~process.~~important ~~However,~~areas ~~the~~of ~~Registrant~~its ~~does~~business ~~not~~and ~~know~~operations ifto itpromote ~~will~~its bedevelopment ~~successful in such application, how long such application will~~activities take, or, that if successful, that a market for the common stock will ever develop or continue on the OTC Bulletin Board. If for any reason the common stock is not listed on the OTC Bulletin Board or a public trading market does not otherwise develop, investors in ~~the~~efforts ~~offering may have difficulty selling their common stock should they desire~~ to domaintain ~~so. If~~ the ~~Registrant~~competitive isedge ~~not successful~~ in ~~its application for quotation on~~ the ~~OTC~~hotel ~~Bulletin~~and ~~Board,~~leisure ~~it will apply to have its securities quoted by the Pink OTC Markets, Inc~~industry.~~, real-time quotation service for over-the-counter equities.~~

The ~~offering~~Company ~~price~~is reliant upon three travel agencies for a substantial portion of ~~the~~its ~~Shares~~business. ~~has been~~XiaMenLanSheng ~~arbitrarily~~International ~~determined~~Travel byAgency ~~the~~Co. ~~Registrant~~Ltd ~~and~~accounts for ~~such~~9.77% ~~offering~~of ~~should~~the ~~not~~Company’s bebusiness, ~~used~~while byXiaMen anForeign ~~investor~~Trade asInternational anTravel ~~indicator~~Agency ofCo. ~~the~~Ltd ~~fair~~and ~~market~~XiaMenJieLv Travel ~~value~~Agency ofCo. ~~the~~Ltd ~~Shares~~account for 7.67% and 3.45% respectively.

Currently there is no public market for the Registrant’s common stock. The offering price for the Shares has been arbitrarily determined by the Registrant and does not necessarily bear any direct relationship to the assets, operations, book or other established criteria of value of the Registrant. Thus an investor should be aware that the offering price does not reflect the fair market price of the Shares.3

~~The~~Marketing ~~Registrant may complete a primary public offering (or private placement) for Shares in parallel with or immediately following this offering.~~Strategy

The ~~Registrant~~Company ~~may~~has conducted ~~conduct~~limited aadvertising ~~primary~~and ~~public~~marketing ~~offering~~to ~~(or~~date. ~~private~~However, ~~placement)~~the ~~for~~Company ~~Shares~~is planning to ~~raise~~create ~~proceeds~~a ~~for~~marketing ~~the~~plan ~~Registrant.~~that ~~Such~~aims anto ~~offering~~maintain ~~may~~a becompetitive ~~conducted~~edge in ~~parallel~~the ~~with~~hotel orindustry ~~immediately~~and ~~following~~to ~~this~~promote ~~offering.~~the ~~Sales~~company ofas ~~additional~~a ~~Shares~~pioneer ~~will~~player ~~dilute the percentage ownership of shareholders~~ in ~~the~~this ~~Registrant~~industry.

~~The~~Revenues ~~Registrant~~and ~~has authorized the issuance of preferred stock with certain preferences.~~Losses

The ~~board~~Company ofand ~~directors~~its ofsubsidiaries’ ~~the~~continuation ~~Registrant~~as isa ~~authorized~~going toconcern ~~issue~~is updependent toon ~~20,000,000~~its ~~shares~~ability ~~of $0.0001 par value preferred stock. The board of directors has the power~~ to ~~establish~~generate ~~the~~sufficient ~~dividend~~cash ~~rates,~~flows ~~liquidation~~from ~~preferences, and voting rights of any series of preferred stock, and these~~operations ~~rights may be superior~~ to ~~the~~meet ~~rights~~its ofobligations ~~holders of the Shares. The board of directors may also establish redemption~~ and/or ~~conversion terms~~obtaining ~~and~~additional ~~privileges~~financing ~~with~~from ~~respect~~its tomembers ~~any~~or ~~shares~~other ~~of preferred stock. Any such preferences may operate to the detriment of the rights of the holders of the Shares~~sources, ~~and further, could be used by the board of directors~~ as ~~a device to prevent a change in control of the Registrant. No such preferred shares or preferences have been issued to date, but such shares or preferences~~ may be ~~issued at a later time, subject to the sole discretion of the board of directors~~required.

The ~~Registrant~~Company ~~does~~has ~~not~~sustained operating ~~intend~~losses tosince ~~pay dividends~~inception. toThe ~~its~~Company’s ~~stockholders,~~continuation soas ~~investors~~a ~~will~~going ~~not~~concern ~~receive~~is ~~any~~dependent ~~return~~ on ~~investment~~management’s inability to ~~the~~develop ~~Registrant~~profitable ~~prior~~operations, toand/or ~~selling~~obtain ~~their interest~~additional infinancing itfrom its stockholders and/or other third parties.

~~The~~If ~~Registrant~~management ~~does~~projections are not ~~project paying dividends but anticipates that it will retain future earnings for funding the Registrant’s growth and development. Therefore~~met, ~~investors should not expect~~ the ~~Registrant~~Company tomay ~~pay~~have ~~dividends in the foreseeable future. As a result, investors will not receive any return on their investment prior~~ to ~~selling~~reduce ~~their~~its ~~Shares~~operating inexpense ~~the Registrant, if~~ and ~~when a market for such Shares develops. Furthermore, even if a market for the Registrant’s securities does develop, there is no guarantee that the market price for the shares would be equal~~ to orseek ~~more~~additional ~~than~~funding ~~the~~through ~~initial~~debt ~~per share investment price paid by any investor. There is a possibility that the Shares could lose all~~ and/or aequity ~~significant portion of their value from the initial price paid in this offering~~offerings.

6 Equipment Financing

The ~~Registrant’s~~Company ~~stock~~has ~~may be~~no ~~considered~~existing aequipment ~~penny~~financing ~~stock and any investment in the Registrant’s stock will be considered a high-risk investment and subject to restrictions on marketability~~arrangements.

IfTHE the Shares commence trading, the trading price of the Registrant's common stock may be below $5.00 per share. If the price of the common stock is below such level, trading in its common stock would be subject to the requirements of certain rules promulgated under the Securities Exchange Act of 1934, as amended. These rules require additional disclosure by broker-dealers in connection with any trades generally involving any non-NASDAQ equity security that has a market price of less than $5.00 per share, subject to certain exceptions. Such rules require the delivery, before any penny stock transaction, of a disclosure schedule explaining the penny stock market and the risks associated therewith, and impose various sales practice requirements on broker-dealers who sell penny stocks to persons other than established customers and accredited investors (generally institutions). For these types of transactions, the broker-dealer must determine the suitability of the penny stock for the purchaser and receive the purchaser’s written consent to the transactions before sale. The additional burdens imposed upon broker-dealers by such requirements may discourage broker-dealers from effecting transactions in the Registrant’s common stock which could impact the liquidity of the Registrant’s common stock.COMPANY

~~The~~Change ~~Registrant's election not to opt out~~ of ~~JOBS Act extended accounting transition period may not make its financial statements easily comparable to other companies.~~Control

~~Pursuant~~The toCompany ~~the~~was ~~JOBS~~incorporated ~~Act~~in ~~of 2012, as an emerging growth company~~ the ~~Registrant~~State ~~can elect to opt out~~ of ~~the~~Delaware ~~extended~~in ~~transition~~July ~~period~~2013, ~~for~~and ~~any~~was ~~new~~formerly ~~or revised~~known ~~accounting~~as ~~standards~~Cloud ~~that~~Run ~~may~~Acquisition beCorporation. ~~issued~~In byJanuary ~~the~~2014, ~~PCAOB or~~ the ~~SEC. The Registrant has elected not to opt out of such extended~~Company ~~transition~~implemented ~~period which means that when~~ a ~~standard~~change isof ~~issued~~control orby ~~revised~~issuing ~~and~~shares itto ~~has~~new ~~different~~shareholders, ~~application~~redeeming ~~dates~~shares ~~for~~of ~~public~~existing ~~or private companies~~shareholders, ~~the~~electing ~~Registrant,~~new officers asand andirectors ~~emerging~~and ~~growth~~accepting ~~company,~~the ~~can~~resignations ~~adopt~~of ~~the~~its ~~standard~~then ~~for~~existing ~~the~~officers ~~private~~and ~~company~~directors. ~~This~~In ~~may~~connection ~~make~~with ~~comparison of~~ the ~~Registrant's financial statements with any other public company which is not either an emerging growth company nor an emerging~~change ~~growth company which has opted out~~ of ~~using~~control, the ~~extended~~Company ~~transition~~changed ~~period~~its ~~difficult~~name orfrom ~~impossible~~Cloud asRun ~~possible~~Acquisition ~~different~~Corporation orto ~~revised standards~~Heyu ~~may~~Leisure beHolidays ~~used~~Corporation.

~~The~~Intellectual recently enacted JOBS Act will also allow the Registrant to postpone the date by which it must comply with certain laws and regulations intended to protect investors and to reduce the amount of information provided in reports filed with the SEC.Property

The ~~recently~~Company ~~enacted~~holds limited ~~JOBS~~intellectual ~~Act~~property, isand ~~intended~~has tonot ~~reduce~~applied ~~the~~for ~~regulatory~~any ~~burden~~patents. onThe ~~“emerging~~Company ~~growth~~does ~~companies.~~hold ~~The~~one ~~Registrant~~trademark ~~meets~~issued ~~the~~in ~~definition~~China offor “Heyu.” anThe ~~emerging~~Company ~~growth~~may ~~company~~decide ~~and~~in sothe ~~long~~future asto itpursue ~~qualifies~~further asefforts anto ~~“emerging~~protect ~~growth~~its ~~company~~intellectual property,” ittrade ~~will,~~secrets ~~among~~and ~~other~~proprietary methods ~~things:~~and processes.

~~-be~~Research ~~exempt~~and from the provisions of Section 404(b) of the Sarbanes-Oxley Act requiring that its independent registered public accounting firm provide an attestation report on the effectiveness of its internal control over financial reporting;Development

~~-be~~The ~~exempt~~Company ~~from~~has ~~the~~not ~~“say on pay” provisions (requiring a non-binding shareholder vote~~ to ~~approve~~date ~~compensation~~undertaken, ~~of certain executive officers)~~ and ~~the~~does ~~“say~~not oncurrently ~~golden~~plan ~~parachute” provisions (requiring a non-binding shareholder vote~~ to ~~approve~~undertake, ~~golden~~any ~~parachute arrangements~~material ~~for~~research ~~certain executive officers in connection with mergers~~ and ~~certain~~development ~~other business combinations) of the Dodd-Frank Act and certain disclosure requirements of the Dodd- Frank Act relating to compensation of its chief executive officer;~~activities.

-be permitted to omit the detailed compensation discussion and analysis from proxy statements and reports filed under the Securities Exchange Act of 1934 and instead provide a reduced level of disclosure concerning executive compensation; andEmployees

~~-be~~As ~~exempt~~of ~~from~~the ~~any~~December 31, ~~rules~~2016, ~~that may be adopted by~~ the ~~Public~~Company ~~Registrant~~had ~~Accounting~~a ~~Oversight~~total ~~Board~~of ~~requiring~~23 ~~mandatory~~employee. ~~audit~~The ~~firm~~number ~~rotation~~of oremployees aper ~~supplement to~~department ~~the~~are ~~auditor’s~~as ~~report on the financial statements.~~follows:

Although the Registrant is still evaluating the JOBS Act, it currently intends to take advantage of some or all of the reduced regulatory and reporting requirements that will be available to it so long as it qualifies as an “emerging growth company”. The Registrant has elected not to opt out of the extension of time to comply with new or revised financial accounting standards available under Section 102(b) of the JOBS Act. Among other things, this means that the Registrant's independent registered public accounting firm will not be required to provide an attestation report on the effectiveness of the Registrant's internal control over financial reporting so long as it qualifies as an emerging growth company, which may increase the risk that weaknesses or deficiencies in the internal control over financial reporting go undetected. Likewise, so long as it qualifies as an emerging growth company, the Registrant may elect not to provide certain information, including certain financial information and certain information regarding compensation of executive officers that would otherwise have been required to provide in filings with the SEC, which may make it more difficult for investors and securities analysts to evaluate the Registrant. As a result, investor confidence in the Registrant and the market price of its common stock may be adversely affected.

Department		Employees

Human Resource Department		2
Administration Department		2
Finance Department		3
Sales and Marketing Department		2
Front Desk and Customer Services Department		3
Hotel Operational Department		11

~~Shares of common stock in the Registrant may be subject to resale restrictions imposed by Rule 144 of the Securities and Exchange Commission~~4

The ~~shares~~employees ~~of common~~receive ~~stock~~health ~~held~~insurance ~~by current shareholders are considered “restricted securities” subject to the limitations of Rule 144 under the Securities Act~~benefits. InThe ~~general,~~Company ~~securities~~ may beoffer ~~sold~~additional ~~pursuant~~fringe toand ~~Rule~~welfare ~~144~~benefits ~~after~~in ~~being~~the ~~fully-paid~~future ~~and~~as ~~held~~the ~~for~~Company’s ~~more than 12 months.~~profits ~~Shares~~grow ~~purchased~~and/or inthe ~~this~~Company ~~Offering~~secures ~~may~~additional beoutside ~~subject~~financing toor ~~Rule~~its ~~144~~profits ~~resale~~from ~~restrictions,~~operations ~~and~~allow ~~accordingly,~~expenditure ~~investors~~on ~~may be subject to~~ such ~~resale limitations~~items.

7 Property

~~Reliance~~The ~~upon~~Company ~~Rule~~has ~~144 to sell securities~~entered ~~may~~into belease ~~unavailable~~agreements tofor ~~the~~a ~~Registrant,~~leased ~~due~~hotel towhich ~~its~~it ~~previous~~operates ~~status as a shell company,~~ and ~~if Rule 144 is not available (pursuant to Rule 144(i)), certain shares of common stock may have no ability~~ for ~~sale~~an oroffice. ~~transfer~~Such ~~until~~lease ~~the Registrant~~ is ~~allowed~~classified toas ~~rely upon~~an ~~Rule~~operating ~~144 of the Securities and Exchange Commission~~lease.

~~Rule~~As ~~144 establishes specific criteria for determining whether a person is not engaged in a distribution~~ of ~~securities.~~December ~~Among other things~~31, ~~Rule 144~~2016, ~~creates~~the aCompany ~~safe~~had ~~harbor~~only ~~whereby~~one aleased ~~person~~hotel ~~satisfying~~with the ~~applicable~~area ~~conditions~~ of ~~the~~3,000 ~~Rule~~square ~~144~~meters ~~safe~~in ~~harbor~~operation, isnamely ~~deemed~~Wu ~~not~~JiaEr toHotel, bewhich ~~engaged~~was located inat a4F, ~~distribution~~Lotus ofBuilding, ~~the~~No ~~securities~~194 ~~and~~Jiahe ~~therefore~~Road, ~~not~~Siming anDistrict, ~~underwriter~~Xiamen, ~~of the securities~~China. IfUnder alease ~~purchaser~~arrangement, ofthe ~~securities~~Company ispays ~~unable~~a quarterly torental ~~rely~~rate ~~upon~~of ~~Rule~~RMB ~~144~~420,000 ~~to sell securities~~ (~~due~~approximately ~~to Rule 144(i))~~$67,740). ~~then~~The ~~the~~lease ~~securities~~was ~~must~~signed beOctober ~~registered~~1, or2013 ~~another exemption from registration must be found in order~~ for ~~the~~a ~~distribution~~term of ~~securities~~ten toyears beand ~~made.~~is Inset ~~the event that the securities are not registered~~to orexpire ~~another~~September ~~exemption is not found~~30, a2025. ~~purchaser~~As of ~~securities~~the ~~may~~reporting ~~not~~date, bethe ~~able~~Company tois ~~sell~~negotiating ~~or transfer~~ the ~~shares~~termination of ~~common~~the ~~stock~~lease in connection with the ~~Registrant~~suspension ~~until~~of ~~such~~operations ~~time~~of as the ~~Registrant~~Wu isJiaEr ~~able rely upon Rule 144~~Hotel.

~~Pursuant~~The toCompany ~~Rule~~leases ~~144(i),~~an ~~reliance~~office ~~upon~~in ~~Rule~~Danyuan ~~144~~10, isDistrict ~~typically~~C, ~~available~~Floor ~~for~~6, ~~the~~Building ~~resale~~32, ofShiding ~~restricted~~Road, orSiming ~~unrestricted~~District, ~~securities~~Xiamen ~~that~~City, ~~were~~Fujian ~~initially~~Province. ~~issued~~The lease bywas acommenced ~~reporting~~and orused ~~non-reporting~~from ~~shell~~July ~~company~~13, ~~(or~~2016 anand ~~issuer~~will ~~that~~expire ~~has~~on ~~been~~July at12, ~~any~~2017. ~~time~~The ~~previously~~monthly arent ~~reporting~~is orRMB ~~non-reporting~~21,000.0 ~~shell company)~~0 ~~only~~(approximately ~~if the following conditions are met:~~$3,160).

· The ~~issuer~~Company ofleased the following ~~securities~~properties ~~that~~in ~~was~~prior ~~formerly a reporting or non-reporting shell company has ceased to be a shell company;~~years.

·1. Xiamen Office 13D Alishan Plaza, Block No 2, Lvling Road, Siming District, Xiamen City, Fujian Province, 361000, China. The ~~issuer~~Company ofand ~~the~~its ~~securities~~subsidiaries isare ~~subject~~currently toleasing ~~the~~this ~~reporting~~property. ~~requirements~~The lease was commenced and used from August, 2014 and expired on September 30, 2015. The office is an area of ~~Section~~264.42 13square ormeters. 15The Company and its subsidiaries pay a monthly rental rate of RMB 13221.00 (dapproximately $2,156). ofUpon executing the ~~Securities~~lease, ~~Exchange~~the ~~Act~~Company paid the landlord a performance guarantee in the amount of ~~1934;~~RMB 13,221.00 (approximately $2,156) or one month’s rent.

·2. ~~The~~Hong ~~issuer~~Kong ofVirtual ~~the~~Office17/F, ~~securities~~Wheelock ~~has~~House, ~~filed~~20 ~~all~~Pedder ~~reports~~Street, ~~and~~Central, ~~material~~Hong ~~required~~Kong. toThe beleased ~~filed~~this ~~under~~office ~~Section~~on 13November ~~or 15(d) of the Exchange Act~~1, as2014 ~~applicable,~~for ~~during~~a ~~the~~team ~~preceding~~of 12six ~~months~~ (or6) ~~for~~months ~~such~~and ~~shorter~~expired ~~period~~in ~~that~~2015. ~~the~~The ~~issuer~~Company ~~was~~has ~~required~~paid tothe ~~file~~full ~~such~~lease ~~reports~~amount ~~and~~of ~~materials)~~HKD4,798 ~~other~~(approximately ~~than~~$620) ~~Form~~for ~~8-K~~six ~~reports; and~~months.

~~· At least one year has elapsed from the time that the issuer filed current Form 10 type information with the Commission reflecting its status as an entity that is not a shell company.~~Subsidiaries

~~Item~~On 1BFebruary ~~Unresolved~~9, ~~Staff~~2015, the ~~Comments~~Company completed the acquisition of Heyu Capital Ltd. (“Heyu Capital”), a limited liability company formed under the laws of Hong Kong, in a stock-for stock transaction (the “Acquisition”) under a method similar to the pooling-of-interest method(Pooling-of-Interest) as the Company and Heyu Capital are both under common control with the same majority shareholder. Heyu Capital was the sole shareholder of Xiamen Heyu Hotel Management Ltd. (“Xiamen Heyu”), a limited liability company formed under the laws of the People’s Republic of China. Xiamen Heyu in turn, is the parent company of Xiamen Wu JiaEr Hotel Ltd. (“Xiamen Wu JiaEr ”), a limited liability company formed under the laws of the People’s Republic of China. The purpose of the Acquisition was to facilitate and prepare the Company for a registration statement and/or public offering of securities. As a result of the Acquisition, each of Heyu Capital Ltd became a wholly owned subsidiary of the Company.

~~None~~Heyu Capital Limited, a Hong Kong limited liability company, is located at 17/F, Wheelock House, 20 Peddar Street, Central, Hong Kong. Heyu Capital Limited was incorporated June 27, 2013 under the laws of Hong Kong.

~~Item~~Xiamen 2Heyu Hotel Management Limited is a limited liability company located at Unit 10, C Area, 6 Floor, No.32, ~~Properties~~Shiding Street, Siming District, Xiamen. Xiamen Heyu Hotel Management Limited was established December 18, 2013 under the laws and authority of the Industry and Commercial Administration for the Bureau of Xiamen City and start operation in 2014.

~~The~~Xiamen ~~Registrant~~Wu ~~currently~~JiaEr Hotel ~~leases~~Limited ~~two~~is ~~offices:~~a limited liability company located at Fourth floor, No.194, Jiahe Road, Siming District, Xiamen city. Xiamen Wu JiaEr Hotel Limited was established January 26, 2011 under the laws and authority of the Industry and Commercial Administration for the Bureau of Siming District of Xiamen City and was acquired by Xiamen Heyu in January 2014.

1)Reports Xiamen Office 13D Alishan Plaza, Block No 2, Lvling Road, Siming District, Xiamen City, Fujian Province, 361000, China. The Registrant and its subsidiaries are currently leasing this property. The lease was commenced and used from August, 2014 and is set to ~~expire~~Security September 30, 2015. The office is an area of 264.42 square meters. The Registrant and its subsidiaries pay a monthly rental rate of RMB 13221 (approximately $2,156). Upon executing the lease, the Registrant paid the landlord a performance guarantee in the amount of RMB 13,221 (approximately $2,156) or one month’s rent. Holders

2)In ~~Hong~~September ~~Kong Virtual Office17/F~~2013, ~~Wheelock~~ ~~House,~~the 20Company ~~Pedder~~(as ~~Street,~~Cloud ~~Central,~~Run ~~Hong~~Acquisition ~~Kong.~~Corporation) ~~The~~filed ~~leased~~a ~~this~~Form ~~office~~10-12G ongeneral ~~November~~registration 1,of ~~2014~~securities ~~for~~pursuant ato ~~team~~the ofSecurities Exchange ~~six~~Act ~~(6)~~of ~~months~~1934 and is ~~set to~~a ~~expire~~reporting 31company ~~December,~~pursuant ~~2015.~~to ~~The~~such ~~Registrant~~Act ~~has~~and ~~paid~~files with the ~~full~~Securities ~~lease~~and ~~amount~~Exchange ofCommission ~~HKD~~quarterly and ~~4,798~~annual ~~(approximately~~reports ~~$620)~~and ~~for~~management ~~six~~shareholding ~~months~~information. The ~~Registrant~~ isCompany ~~currently~~intends into ~~the~~deliver ~~midst~~a copy of ~~reviewing~~its ~~the~~annual ~~new~~report ~~office~~to ~~tenancy~~its security holders, ~~which~~and iswill ~~estimated~~voluntarily ~~the~~send ~~monthly~~a ~~rental~~copy of ~~HKD~~the ~~80,000~~annual ~~(approximately $10~~report,~~322)~~ ~~located~~including ataudited ~~Kowloon~~financial statements, ~~Hong~~to ~~Kong~~any ~~with~~registered ~~the~~shareholder who ~~area~~requests ofthe ~~2,500 square feet~~same.

As of December 31, 2015, the Registrant had only one leased hotel with the area of 3,000 square meters in operation, namely Wujiaer Hotel, which is located at 4F, Lotus Building, No 194 Jiahe Road, Siming District, Xiamen, China. Under lease arrangement, the company pays a quarterly rental rate of RMB 420,000 (approximately $67,740). The lease was signed October 1, 2013 for a term of ten years and is set to expire September 30, 2025.5

~~Item~~The 3Company's documents filed with the Securities and Exchange Commission may be inspected at the Commission's principal office in Washington, D.C. ~~Legal~~Copies of ~~Proceedings~~all or any part of the registration statement may be obtained from the Public Reference Section of the Securities and Exchange Commission, 100F Street N.E., Washington, D.C. 20549. Call the Commission at 1-800-SEC-0330 for further information on the operation of the public reference rooms. The Securities and Exchange Commission also maintains a web site at http://www.sec.gov that contains reports, proxy statements and information regarding registrants that file electronically with the Commission. All of the Company’s filings may be located under the CIK number 0001586573.

~~There~~PLAN isOF ~~no litigation pending or threatened by or against the Company.~~OPERATION

~~Item~~Business 4.Plan ~~Mine~~and ~~Safety~~Potential ~~Disclosures.~~Acquisitions

~~Not~~The ~~applicable~~basic business plan of the Company consists of developing and managing hotels. The Company intends to expand its business through the evaluation of hotel properties in China and internationally. The Company is currently actively engaged in the evaluation of potential third party hotel ownership groups with whom the Company could license its brand and manage their hotels under stringent control of Heyu’s quality standards.

~~PART~~Plan IIof Operation to Fund Existing Business over Next 12 Months

~~Item~~Over 5the next twelve months, the Company expects existing major shareholders and directors to continue to fund working capital for the daily operation expenses as well as the acquisition fund of hotel. ~~Market~~The Company will also seek for ~~Registrant's~~new ~~Common~~investors ~~Equity~~by way of issuing new common stock for the said hotel acquisition. Although the Company plans to fund its cash needs in this manner, ~~Related~~the ~~Stockholder~~Company ~~Matters~~has ~~and~~no ~~Issuer~~arrangements or ~~Purchases~~agreements ofin ~~Equity~~place ~~Securities~~with any shareholders, directors or prospective new investors to provide such needed funding to the Company.

~~There~~At isthe ~~currently~~present time, the Company has not entered into any other Memorandums of Understanding (“MOU”) and Letters of Intent (“LOI”) with any hotel owners. Accordingly, there is no ~~public~~major ~~market~~funding required for the next 12 months as the Company's ~~securities~~has not locked in place any hotel project in the near future.

The Company ~~may wish~~expects to ~~cause~~have ~~the~~working ~~Company's~~capital ~~common~~and ~~stock~~expects to ~~trade~~have ina ~~one~~source orof ~~more~~funds ~~United~~of ~~States~~its ~~securities~~potential acquisition for the next twelve months from its existing shareholders and directors, potential new investors and through access to capital markets. ~~The~~Although the Company ~~anticipates~~plans to ~~that~~fund itits ~~will take~~cash needs in this manner, the ~~steps~~Company ~~required~~has ~~for~~no arrangements or agreements in place with any shareholders or directors prospective new investors or capital markets sources to provide such ~~admission~~needed funding to ~~quotation~~the ~~following~~Company. There can be no assurance that the ~~business~~Company ~~combination~~will orsuccessfully atcomplete ~~some~~the ~~later~~desired ~~time~~acquisition(s) of any hotel(s).

8 Potential Revenue

AtThe ~~such~~Company ~~time~~expects to asearn ~~it qualifies~~potential revenue from licensing its brand name, ~~the~~initial ~~Company~~and ~~may~~ongoing ~~choose~~management tofees ~~apply~~and ~~for~~hotel ~~quotation~~leisure ofclub membership sales. The Company also receives revenue from its ~~securities~~hotels based on the ~~OTC~~number ~~Bulletin~~of ~~Board~~room rented each day. The rate of occupancy is directly correlated to profitability.

The ~~OTC~~Company’s ~~Bulletin~~revenue ~~Board~~contribution is amainly ~~dealer-driven~~from ~~quotation service. Unlike~~ the ~~Nasdaq~~source ~~Stock~~of ~~Market, companies cannot directly apply to be quoted on~~ the ~~OTC~~customers ~~Bulletin Board,~~as ~~only market makers can initiate quotes, and quoted companies do not have to meet any quantitative financial requirements. Any equity security of a reporting company not~~ listed onin ~~the~~below ~~Nasdaq Stock Market or on a national securities exchange is eligible.~~categories:

~~Currently,~~1) ~~there~~Online ~~is no~~Booking trading market for the securities of the Registrant. The Registrant intends to work with market-makers for its securities that will apply for quotation of its common stock on the OTC Bulletin Board. However, the Registrant does not know if any such application will be made and whether it will be successful if made, how long such application will take, or, that if successful, that a market for the common stock will ever develop or continue on the OTC Bulletin Board. There can be no assurance that the Registrant will qualify for quotation of its securities on the OTC Bulletin Board. See “RISK FACTORS” Business

~~Since~~2) ~~inception,~~Travelling ~~the Company has sold securities which were not registered as follows:~~Agent

	Shares Owned
Name	Number		Percentage
Ban Siong Ang		46,389,604		77	%
Tiang Lee Ng		4,272,419		7	%
Hooi Pheng Ang		254,569		*
Teik Kui Ang		651,854		*
Xin Chen		109,354		*
Tek Mun Chin		340,000		*
ShuHui Dai		257,416		*
XieMing Fan		66,000		*
HaiBin Gao		80,000		*
Boon Hong Haw		2,000,000		3.3	%
JianShu Huang		60,000		*
QingQiang Li		42,854		*
EnYu Lin		70,000		*
FenJin Lin		40,000		*
Wee Lee Sim		60,000		*
Swiss Teo Swee Kiong		103,064		*
Guan Chuan Tan		300,000		*
Hang Kiang Tan		60,000		*
Hung Seng Tan		1,484,423		2.5	%
Hup Teong Tan		90,000		*
Kwee Huwa Tan		349,550		*
Lan Tan		78,209		*
Lee Hiang Tan		97,355		*
XiaoDi Rao		153,709		*
ShuYing Wang		105,354		*
MeiMei Weng		147,355		*
Kean Heong Wong		76,203		*
XiuHua Xian		200,000		*
MeiJiao Xu		166,354		*
ZhuEn Xu		50,000		*
TaoYing Yang		241,098		*
ZhenYu Zeng		180,354		*
DeZhao Zhang		100,000		*
XiuMei Zheng		525,355		*
BingRen Zhong		408,387		*
MeiYun Zhong		119,064		*
WenJin Zhong		121,354		*
XingEn Zhong		84,710		*
XingHua Zhong		65,032		*

3) General walk in customer

*Recent ~~Less than 1%~~Developments

9 Registration Statement

~~Item~~On 6February 9, 2015, the Company filed a registration statement on Form S-1 (as amended, the “Registration Statement”) to register the resale of up to 10,999,097 shares of the Company’s common stock by selling shareholders named in the Registration Statement. ~~Selected~~On December ~~Financial~~21, ~~Data~~2016, the Company received a Notice of Effectiveness in connection with the Registration Statement. The Registration Statement registers only the resales of shares of our common stock already outstanding, which were issued in a private placement transaction. No new shares will be issued in connection with the Registration Statement.

~~There is no selected financial data required to be filed for a smaller reporting company.~~6

~~Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations~~Resignations

~~Heyu~~On ~~Leisure~~February ~~Holidays~~24, ~~Corporation (the "Company")~~2017, ~~was~~Mr ~~incorporated~~Guan onChuan ~~July~~Tan 2,resigned ~~2013~~as ~~under~~a ~~the~~Director ~~laws~~ of the ~~State~~Company. ofThe ~~Delaware~~resignation towas ~~engage~~not inthe result of any ~~lawful~~disagreement ~~corporate~~with ~~undertaking,~~the ~~including,~~Company ~~but~~on ~~not~~any ~~limited~~matter relating to, ~~selected~~the ~~mergers~~Company’s ~~and~~operations, ~~acquisitions~~policies or practices.

In addition to a change in control of its management and shareholders, the Company's operations to date have been limited to issuing shares and filing a registration statement on Form 10 pursuant to the Securities Exchange Act of 1934. The Company was formed to provide a method for a foreign or domestic private company to become a reporting company with a class of securities registered under the Securities Exchange Act of 1934.Appointments

On ~~September~~April 3025, ~~2013~~2017, the Board of Directors of the Company, ~~registered~~upon ~~its~~the ~~common~~recommendation ~~stock on~~of aits ~~Form~~Nominating 10Committee, ~~registration~~appointed ~~statement~~Ms. ~~filed~~Kwee ~~pursuant~~Huwa Tan to serve on the ~~Securities~~Board ~~Exchange~~as ~~Act~~a ofdirector. Ms. ~~1934~~Tan (will also serve on the ~~"Exchange~~Nominating ~~Act")~~Committee and ~~Rule 12(g)~~Compensation ~~thereof~~Committee ~~which~~of ~~became~~the ~~automatically~~Board. ~~effective~~Ms. 60Tan ~~days~~has ~~thereafter~~been a non-executive director for the company from 2013 to 2016.

~~The~~Wu ~~Company~~JiaEr ~~files with the Securities and Exchange Commission periodic and current reports under Rule 13(a) of the Exchange Act, including quarterly reports on Form 10-Q and annual reports Form 10-K.~~Hotel

~~The~~On February 27, 2017, the Company ~~entered~~temporarily ~~into~~suspended anoperation ~~agreement~~of ~~with~~the ~~Tiber~~Wu ~~Creek~~JiaEr ~~Corporation of~~Hotel ~~which~~due ~~the~~to ~~former~~decreased ~~president~~operations. ofIn April 2017, the Company ispermanently closed the ~~president~~operations ~~and~~of ~~controlling~~Wu ~~shareholder~~JiaEr Hotel. ~~Tiber~~The ~~Creek~~lease ~~Corporation~~of ~~assists~~the ~~companies to~~hotel ~~become~~has ~~public~~not ~~reporting~~terminated ~~companies~~ and ~~for~~the Company is currently negotiating with the ~~preparation~~landlord ~~and~~regarding ~~filing~~terminating ofthe alease; ~~registration~~provided, ~~statement~~however, ~~pursuant~~that tothe Company is currently in the ~~Securities Act~~process of ~~1933,~~effectuating plans to own and operate a new hotel development that the ~~introduction~~Company expects will conform to ~~brokers~~the ~~and~~specifications ~~market~~set ~~makers~~forth in its business model.

OnITEM ~~January~~1A. ~~13,~~RISK ~~2014, the following events occurred which resulted in a change of control of the Company:~~FACTORS.

10 As a “smaller reporting company,” we have elected not to provide the disclosure required by this item.

~~The~~ITEM ~~Company redeemed an aggregate of 20,000,000 of the then 20,000,000 shares of outstanding stock at a redemption price of $~~1B.~~0001~~ ~~per~~UNRESOLVED ~~share~~STAFF ~~for an aggregate redemption price of $2,000~~COMMENTS.

~~James~~Not ~~Cassidy and James McKillop, both directors of the Company and the then president and vice president, respectively, resigned such directorships and all offices of the Company~~applicable. ~~Neither Messrs. Cassidy nor McKillop retain any shares of the Company's common stock.~~

~~Ban~~ITEM ~~Siong~~2. ~~Ang was named as the director of the Company and serves as its Chief Executive Officer~~PROPERTIES.

OnThe ~~January~~Company ~~14,~~has ~~the~~entered into ~~Company~~lease ~~issued~~agreements ~~1,000,000~~for ~~shares~~a ofleased ~~its~~hotel ~~common stock~~which atit ~~par~~operates ~~representing~~and ~~100%~~for ofan ~~the~~office. ~~then~~Such ~~total~~lease ~~outstanding~~is ~~1,000,000~~classified ~~shares~~as ofoperating ~~common stock~~lease.

OnAs ~~August~~of 8,December ~~2014~~31, 2016, the Company ~~issued~~had ~~additional 59~~only one leased hotel with the area of 3,000 square meters in operation,~~000~~ ~~shares~~namely ofWu ~~its~~JiaEr ~~common~~Hotel, ~~stock~~which was located at ~~par~~4F, Lotus Building, No 194 Jiahe Road, Siming District, Xiamen, China. ~~Accordingly~~Under lease arrangement, the ~~total~~Company ~~outstanding~~pays ofa ~~common~~quarterly rental ~~stock~~rate isof 60RMB 420,000 (approximately $67,~~000~~740). ~~shares~~The aslease atwas 30signed October 1, 2013 for a term of ten years and is set to expire September ~~2014~~30, 2025. As of reporting date, the Company is negotiating the termination of the lease in connection with the suspension of operations of the Wu JiaEr Hotel.

~~Hung~~The ~~Seng~~Company ~~Tan~~leases isan office ~~appointed~~in asDanyuan ~~the~~10, ~~Executive Director~~District ~~and~~C, ~~Guan~~Floor ~~Chuan~~6, ~~Tan~~Building is32, ~~appointed~~Shiding asRoad, ~~the~~Siming ~~Director~~District, ofXiamen ~~the~~City, ~~Company~~Fujian ~~during~~Province. ~~the~~The ~~period.~~lease was ~~Ban~~commenced ~~Siong~~and ~~Ang~~used isfrom ~~appointed~~July as13, ~~Managing Director~~2016 and ~~serves~~will asexpire ~~Chief~~on ~~Executive~~July ~~Officer~~12, ~~subsequent~~2017. toThe ~~the~~monthly ~~appointment~~rent ofis ~~new~~RMB ~~Directors~~21,000.0 0 (approximately $3,160).

OnThe ~~February 9, 2015, Heyu Leisure Holiday Corp. (“Heyu Leisure” or the “~~Company” orleased the ~~“Registrant”) merged with Heyu Capital Ltd (“Heyu~~ ~~Capital”),~~following aproperties ~~corporation~~in ~~existing~~prior ~~under the laws of Hong Kong (Special Administrative Region of the PRC)~~years. ~~Pursuant to the merger, the Company acquired all of the outstanding common shares of Heyu Capital through the issuance of common shares of the Company to the shareholders of Heyu Capital.~~

As1) aXiamen ~~result~~Office of13D Alishan ~~the~~Plaza, ~~Merger~~Block ~~and~~No ~~pursuant to~~2, ~~the~~Lvling ~~Resolution~~Road, ~~Heyu~~Siming ~~Capital~~District, ~~has~~Xiamen ~~become~~City, aFujian ~~wholly-owned~~Province, ~~subsidiary~~361000, ofChina. ~~the~~The Company and ~~the~~its ~~Company~~subsidiaries are ~~issued~~currently ~~shares~~leasing ofthis ~~its~~property. ~~common stock~~The tolease ~~shareholders~~was ofcommenced ~~Heyu~~and ~~Capital~~used atfrom aAugust, ~~rate~~2014 ofand 1expired September 30,~~000~~ ~~shares~~2015. The office is an area of ~~the~~264.42 ~~Registrant’s~~square ~~common~~meters. ~~stock~~The ~~for~~Company ~~all~~and ~~Heyu~~its ~~Capital~~subsidiaries ~~common share~~pay a monthly rental rate of RMB 13221.00 ~~Immediately~~(approximately ~~prior~~$2,156). Upon toexecuting the ~~Merger~~lease, the ~~Registrant~~Company ~~had~~paid ~~60,000,000~~the ~~shares~~landlord a performance guarantee in the amount of ~~common~~RMB ~~stock~~13,221.00 ~~outstanding~~(approximately $2,156) or one month’s rent.

~~Following~~2) ~~the~~Hong ~~Merger~~Kong Virtual Office17/F, ~~the~~Wheelock ~~Company~~House, ~~has~~20 60Pedder Street,~~001~~ Central,~~000 shares~~ ofHong ~~common~~Kong. ~~stock~~The ~~outstanding~~leased ~~after~~this ~~the~~office ~~share~~on ~~exchange~~November ~~and~~1, ~~the~~2014 ~~issuance~~for a team of 1six (6) months and expired on December 31,~~000~~ ~~common~~2015. ~~shares~~The toCompany has paid the ~~shareholder~~full lease amount of ~~Heyu~~HKD 4,798 (approximately $620) for six ~~Capital~~months.

~~Results~~ITEM of3. ~~Operations~~LEGAL ~~for the years ended December 31, 2015 and December 31, 2014~~PROCEEDINGS.

	For the years ended,
	2015			2014
Revenue	$	329,514		$	306,882
Cost of revenue		(486,296	)		(424,501	)
Operating expenses		(873,429	)		(2,966,080	)

None.

~~The~~ITEM ~~revenue increased from $306,882 to $329,514 from the years ended December 31, 2014 to December 31 2015~~4. ~~These~~MINE ~~increases~~SAFETY ~~resulted primarily from the increase of hotel room occupancy rate during the period~~DISCLOSURES.

~~The~~Not ~~operating expenses decreased from $2,966,080 to $873,429 from years ended December 31, 2014 to December 31 2015~~applicable. ~~There was consultant fee payments to consultant related to the share listing and project fee in previous year. However, no such payments incurred in 2015 and resulted in decrease in operating costs.~~

~~Liquidity and Capital Resources~~7

~~Working~~PART ~~Capital~~II

	As at December 31, 2015			As at December 31, 2014
Total current assets	$	208,702		$	236,708
Total current liabilities		1,430,946			592,714
Working capital (deficit)		(1,222,244	)		(356,006	)

AsThere ~~of December 31, 2015 and December 31, 2014, total current assets were $208,702 and $236,708 respectively. The decrease~~ is ~~mainly~~currently ~~due to decrease in cash and cash equivalent~~no aspublic amarket ~~result~~for ofthe ~~payment~~Company's ~~of hotel daily operating expenses~~securities.

AsAt ofsuch ~~December~~time 31as it qualifies, the ~~2015~~Company ~~and~~may ~~December~~choose ~~31, 2014,~~to ~~total~~apply ~~current~~for ~~liabilities~~quotation ~~were~~of ~~$1,430,946~~its ~~and~~securities ~~$592,714~~on ~~respectively~~the OTC Bulletin Board. The ~~increase~~OTC Bulletin Board is ~~mainly~~a ~~from~~dealer-driven quotation service. Unlike the ~~advances~~Nasdaq ~~from~~Stock ~~shareholder~~Market, ~~which~~ ~~paid~~companies ~~for~~cannot ~~daily~~directly ~~hotel~~apply ~~operation~~to ~~expenses~~be quoted on the OTC Bulletin Board, only market makers can initiate quotes, and ~~staff~~quoted ~~salaries~~companies ~~during~~do not have to meet any quantitative financial requirements. Any equity security of a reporting company not listed on the ~~period~~Nasdaq Stock Market or on a national securities exchange is eligible.

11 As such time as it qualifies, the Company may choose to apply for quotation of its securities on the Nasdaq Capital Market. In general there is greatest liquidity for traded securities on the Nasdaq Capital Market and less on the OTC Bulletin Board. It is not possible to predict where, if at all, the securities of the Company will be traded following a business combination.

~~The~~In ~~Company~~the ~~had~~past ~~negative~~three ~~working capital~~years, ofthe ~~$1,222,244~~Company ~~and~~has ansold ~~accumulated~~securities ~~deficit~~which ofwere $not ~~6,042,235~~registered as ~~of December 31, 2015.~~follows:

~~Cash~~On ~~Flows~~July 9, 2013, 10,000,000 shares of common stock were issued to Tiber Creek Corporation for total consideration paid of $1,000.00. Subsequently, in January 2014, the Company redeemed an aggregate of 10,000,000 of these shares for the redemption price of $1,000.00.

	For the year ended December 31, 2015			For the year ended December 31, 2014
Net cash (used in) operating activities	$	(780,493	)	$	(2,678,265	)
Net cash (used in) investing activities		(102,365	)		(725,817	)
Net cash provided by financing activities
		820,680			3,003,037
Effect of exchange rate changes on cash and cash equivalent		3,286			7,977
Net change in cash		(56,892	)		(393,069	)

On July 9, 2013, 10,000,000 shares of common stock were issued to MB Americus, LLC for total consideration paid of $1,000.00. Subsequently, in January 2014, the Company redeemed an aggregate of 10,000,000 of these shares for the redemption price of $1,000.00

~~For~~On ~~years~~January ~~ended December 31~~13, 2014 ~~to December 31 2015~~, ~~we spent~~ $21,~~678~~000,~~265~~000 ~~and~~shares ~~$780,~~of ~~493~~common instock ~~operating~~were ~~activities.~~issued ~~The~~by ~~decrease in our expenditures on operating activities was primarily due to~~ the ~~payment~~Company to ~~consultant~~Ban inSiong ~~relation~~Ang pursuant to ~~the~~a ~~potential~~change ~~project~~of ~~acquisition~~control ~~and share listing expenses~~ in ~~prior~~the ~~period~~Company. ~~However,~~The ~~there~~aggregate isconsideration nopaid ~~such~~for ~~expense~~these ~~incurred~~shares ~~and~~was ~~therefore decrease in operating expenses during 2015~~$100.

~~For~~From ~~years~~July ~~ended~~1, ~~December~~2014 31through September 1, 2014, to59,000,000 ~~December~~shares 31of ~~2015,~~common stock were issued by the ~~cash~~Company pursuant to executed subscription agreements under ~~used~~a inRegulation ~~investing~~D ~~activities~~offering ~~was~~or $other ~~725,817~~private ~~and~~placement ~~$102,365~~of ~~respectively~~securities. ~~The~~Each ~~decrease~~of these transactions was ~~due~~issued toas wepart ~~spent~~of ~~$598,545~~the private placement of securities by the Company in ~~purchasing~~which ~~Wujiaer~~no underwriting discounts or commissions applied to any of the transactions. The ~~hotel~~Company conducted such private placement offering in ~~2014~~order to build a base of shareholders and establish relationships with a variety of shareholders. ~~There~~Tiber isCreek noCorporation ~~such~~did ~~activity~~not ~~incurred~~assist the Company in ~~2015~~conducting the offering.

For years ended December 31, 2014 to December 31 2015, $3,003,037 and $820,680 were provided by financing activities, the decrease is mainly from the lesser capital contribution from shareholder during the year.Holders

~~Business~~As of the date of this report, there were approximately 42 stockholders.

The Company was incorporated on July 2, 2013 under the laws of the State of Delaware to engage in any lawful corporate undertaking, including, but not limited to, selected mergers and acquisitions. The Company has been in the developmental stage since inception.Dividends

~~The~~We ~~Company~~have ~~intends~~not topaid, ~~operate and manage budget hotels chains~~nor indeclared, ~~China.~~any ~~The~~cash ~~Company~~dividends ~~intends~~since ~~that~~our itinception ~~will~~and ~~develop~~do ~~its~~not ~~business~~intend ~~plan~~to ~~through~~declare ~~the~~or ~~acquisition~~pay orany ~~business~~such ~~combination~~dividends ~~with~~in anthe ~~existing~~foreseeable future. ~~private~~Our ~~company~~ability into ~~China~~pay orcash ~~otherwise~~dividends ~~through~~is ~~growth~~subject ~~and~~to ~~development~~limitations ofimposed ~~its~~by ~~projects~~state law.

~~The~~Securities ~~Company~~Authorized ~~may~~for ~~develop~~Issuance ~~its operations by marketing and internal~~Under ~~growth~~Equity ~~and/or~~Compensation by effecting a business combination with an operating company in the field. The Company anticipates that if it enters such a business combination it would likely take the form of a merger. It is anticipated that such private company will bring with it to such merger key operating business activities and a business plan. As of the date of this Report, no agreements have been executed to effect any business combination.Plans

AAs ~~combination~~of ~~will normally take~~ the ~~form~~year ofended December a31, ~~merger~~2016, ~~stock-for-stock exchange~~the ~~or stock-for-assets exchange. The~~ Company ~~may~~had ~~wish~~no tocompensation ~~structure~~plans ~~the~~(including ~~business~~individual ~~combination~~compensation toarrangements) beunder ~~within~~which ~~the~~our ~~definition of~~Common aStock ~~tax-free~~was ~~reorganization~~authorized ~~under~~for ~~Section 351 or Section 368 of the Internal Revenue Code of 1986, as amended~~issuance.

OnThe ~~February 9, 2015, Heyu Leisure Holiday Corp. (“Heyu Leisure” or the “~~Company~~”) merged~~’s ~~with~~management ~~Heyu~~will ~~Capital~~review ~~Ltd (“Heyu Capital”), a corporation existing under~~ the ~~laws~~adoption of ~~Hong~~an ~~Kong~~equity ~~(Special~~compensation ~~Administrative~~plan ~~Region~~in of the ~~PRC)~~future. ~~Pursuant to the merger, the Registrant acquired all of the outstanding common shares of Heyu Capital through the issuance of common shares of the Registrant to the shareholders of Heyu Capital.~~

~~The~~Recent ~~Company's~~sales ~~independent auditors have issued a report raising substantial doubt about the Company's ability to continue as a going concern. At present, the Company has no operations and the continuation~~ of ~~the~~unregistered Company as a going concern is dependent upon financial support from its stockholders, its ability to obtain necessary equity financing to continue operations and/or to successfully locate and negotiate with a business entity for a business combination that would provide a basis of possible operations. securities

12 The Company has issued the following securities in the last three (3) years. All such securities were issued pursuant to an exemption from registration of the Securities Act of 1933, as amended, as a transaction by an issuer not involving any public offering, as noted below. Each of these transactions was issued as part of a private placement of securities by the Company in which (i) no general advertising or solicitation was used, and (ii) the investors purchasing securities were acquiring the same for investment purposes only, without a view to resale. Furthermore, no underwriters participated or effectuated any of the transactions specified below. Also, no underwriting discounts or commissions applied to any of the transactions set forth below. All potential investors were contacted personally and possessed at the time of their investment bona fide substantive, pre-existing business relationships with the Company and/or its officers, directors and affiliates. No potential investors were contacted through other means, and no general advertising or general solicitation was used to solicit any investors.

~~ITEM 7A. Quantitative and Qualitative Disclosures about Market Risk~~8

~~Not~~During the past three ~~applicable~~years, ~~for~~the ~~smaller~~Company ~~reporting~~has ~~companies~~issued shares of common stock pursuant to Section 4(2) of the Securities Act of 1933 as follows:

~~Item~~(1) 8On July 9, 2013, 10,000,000 shares of common stock were issued to Tiber Creek Corporation for total consideration paid of $1,000.00. ~~Financial~~Subsequently, in ~~Statements~~January ~~and~~2014, ~~Supplementary~~the ~~Data~~Company redeemed an aggregate of 10,000,000 of these shares for the redemption price of $1,000.00.

~~The~~On ~~financial~~July ~~statements~~9, 2013, 10,000,000 shares of common stock were issued to MB Americus, LLC for ~~the~~total ~~year~~consideration ~~ended December~~paid 31of $1,000.00. Subsequently, in January 2014, the ~~and~~Company ~~2015~~redeemed ~~are~~an ~~attached~~aggregate ~~hereto~~of 10,000,000 of these shares for the redemption price of $1,000.00

~~Item~~(2) 9.On ~~Changes~~January 13, 2014, 1,000,000 shares of common stock were issued by the Company to Ban Siong Ang pursuant to a change of control in ~~and~~the ~~Disagreements~~Company. ~~with~~The aggregate ~~Accountants~~consideration onpaid ~~Accounting~~for ~~and~~these ~~Financial~~shares ~~Disclosure~~was $100.

~~There~~(3) ~~were~~From noJuly ~~disagreements~~1, ~~with~~2014 through September 1, 2014, 59,000,000 shares of common stock were issued by the Company's to the shareholders named below pursuant ~~accountants~~to onexecuted ~~accounting~~subscription agreements under a Regulation D offering or ~~financial~~other ~~disclosure~~private ~~for~~placement of securities. Each of these transactions was issued as part of the ~~period~~private ~~covered~~placement of securities by ~~this~~the ~~report~~Company in which no underwriting discounts or commissions applied to any of the transactions set forth below. The Company conducted such private placement offering in order to build a base of shareholders and establish relationships with a variety of shareholders. Tiber Creek Corporation did not assist the Company in conducting the offering.

Item 9A. Controls and Procedures

Shareholder Name	Number of Shares		Consideration

Ban SiongAng		45,388,604	$	4,538
HooiPhengAng		254,569	$	26
TeikKuiAng		651,854	$	65
Xin Chen		109,354	$	11
TekMun Chin		340,000	$	34
ShuHui Dai		257,416	$	26
XieMing Fan		66,000	$	7
HaiBinGao		80,000	$	8
Boon Hong Haw		2,000,000	$	200
JianShu Huang		60,000	$	6
QingQiang Li		42,854	$	4
EnYu Lin		70,000	$	7
FenJin Lin		40,000	$	4
Tiang Lee Ng		4,272,419	$	427
Wee Lee Sim		60,000	$	6
Swiss TeoSweeKiong		103,064	$	10
Guan Chuan Tan		300,000	$	30
Hang Kiang Tan		60,000	$	6
Hung Seng Tan		1,484,423	$	149
HupTeong Tan		90,000	$	9
KweeHuwa Tan		349,550	$	35
Lan Tan		78,209	$	8
Lee Hiang Tan		97,355	$	10
XiaoDiRao		153,709	$	15
ShuYing Wang		105,354	$	11
MeiMeiWeng		147,355	$	15
Kean Heong Wong		76,203	$	8
XiuHua Xian		200,000	$	20
MeiJiaoXu		166,354	$	17
ZhuEnXu		50,000	$	5
TaoYing Yang		241,098	$	24
ZhenYuZeng		180,354	$	20
DeZhao Zhang		100,000	$	10
XiuMeiZheng		525,355	$	53
BingRenZhong		408,387	$	41
MeiYunZhong		119,064	$	12
WenJinZhong		121,354	$	12
XingEnZhong		84,710	$	9
XingHuaZhong		65,032	$	7

~~Disclosure~~(4) ~~Controls~~On February 9, 2015, ~~and~~pursuant ~~Procedures~~to the stock-for-stock acquisition of Heyu Capital Ltd, the Company issued 1,000 shares of common stock to Ban Siong Ang.

~~We maintain~~ITEM ~~disclosure~~6. ~~controls~~SELECTED ~~and~~FINANCIAL procedures as defined in Rules 13a-15(e) and 15d-15(e) under the Securities Exchange Act of 1934, as amended, or the Exchange Act, that are designed to ensure that information required to be disclosed in our reports under the Exchange Act, is recorded, processed, summarized and reported within the time periods specified in the Commission's rules and forms, and that such information is accumulated and communicated to our management, including our principal executive officer and our principal financial and accounting officer, as appropriate, to allow timely decisions regarding required disclosureDATA.

~~We carried~~As ~~out~~a an“smaller ~~evaluation~~reporting ~~under the supervision and with the participation of our management~~company, ~~including our principal executive~~” ~~officer~~we ~~and~~have ~~principal~~elected ~~financial~~not ~~and~~to ~~accounting~~provide ~~officer, of~~ the ~~effectiveness of our~~ disclosure ~~controls~~required ~~and procedures (as defined in Rule 13a-15(e) and 15d-15(e) under the Exchange Act) as of the end of the period covered~~ by this ~~Annual Report~~item. ~~Based on this evaluation, we concluded that our disclosure controls and procedures were effective as of December 31, 2015.~~

~~Internal Control Over Financial Reporting~~9

~~Our internal~~ITEM control over financial reporting is designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles7. ~~Our~~ ~~internal~~MANAGEMENT’S ~~control~~DISCUSSION ~~over~~AND ~~financial~~ANALYSIS ~~reporting~~OF ~~includes~~FINANCIAL ~~those~~CONDITION ~~policies~~AND ~~and~~RESULTS ~~procedures~~OF ~~that:~~OPERATIONS.

·The ~~pertain~~following discussion should be read in conjunction with our audited consolidated financial statements and notes to ~~the~~our ~~maintenance~~financial ofstatements ~~records~~included ~~that,~~elsewhere in ~~reasonable~~this report. ~~detail,~~This ~~accurately~~discussion ~~and~~contains ~~fairly~~forward-looking ~~reflect~~statements ~~the~~that ~~transactions~~involve risks and ~~dispositions~~uncertainties. Actual results could differ materially from those anticipated in these forward-looking statements as a result of ~~our~~various ~~assets~~factors discussed elsewhere in this report.

·Certain ~~provide~~information ~~reasonable~~included ~~assurance~~herein contains statements that ~~transactions~~may ~~are~~be ~~recorded~~considered forward-looking statements, such as ~~necessary~~statements relating to ~~permit~~our ~~preparation~~anticipated ofrevenues, gross ~~financial~~margin ~~statements~~and inoperating ~~accordance~~results, ~~with~~future ~~generally~~performance ~~accepted~~and ~~accounting~~operations, ~~principles~~plans for future expansion, capital spending, sources of liquidity, and financing sources. This forward-looking information involves important risks and uncertainties that ~~our~~could ~~receipts~~significantly affect anticipated results in the future, and ~~expenditures~~accordingly, ~~are~~such ~~being~~results ~~made~~may ~~only~~differ from those expressed in ~~accordance~~any ~~with~~forward-looking statements ~~authorizations~~made herein. These risks and uncertainties include those relating to our liquidity requirements, the continued growth of the software industry, the success of our product development, marketing and sales activities, vigorous competition in the software industry, dependence on existing management, leverage and ~~directors;~~debt service (including sensitivity to fluctuations in interest rates), domestic or global economic conditions, the inherent uncertainty and costs of prolonged arbitration or litigation, and changes in federal or state tax laws or the administration of such laws.

~~· provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of our assets that could have a material effect on our financial statements.~~Overview

~~Because of~~Heyu ~~its~~Leisure ~~inherent~~Holidays ~~limitations,~~Corporation ~~internal~~(the "Company") ~~control~~was ~~over~~incorporated ~~financial~~on ~~reporting~~July ~~may~~2, ~~not~~2013 ~~prevent~~under orthe ~~detect~~laws ~~misstatements. Also, projections~~ of ~~any~~the ~~evaluation~~State of ~~effectiveness~~Delaware to ~~future~~engage ~~periods~~in ~~are~~any ~~subject~~lawful ~~to the risk that controls may become inadequate because of changes~~corporate inundertaking, ~~conditions~~including, orbut ~~that~~not ~~the~~limited ~~degree~~to, ofselected ~~compliance~~mergers ~~with~~and ~~the policies or procedures may deteriorate~~acquisitions.

~~Changes~~The Company specializes in ~~Internal~~managing ~~Control~~and operating ~~Over~~hotel ~~Financial~~chains ~~Reporting~~in China via selected mergers, acquisitions and joint ventures, with a focus on providing a full range of services to its hotels and amenities to their guests.

~~There~~The ~~have~~Company ~~been~~plans noto establish hotel chains ~~changes~~synonymous with in-house ~~the~~leisure, ~~Company's~~and ~~internal~~to ~~controls~~meet ~~over~~the ~~financial~~needs ~~reporting~~of ~~during~~business ~~its~~and ~~fourth~~recreational ~~fiscal~~travelers ~~quarter~~alike. ~~that~~To ~~have~~achieve ~~materially~~this ~~affected~~goal, the orCompany ~~are~~intends ~~reasonably~~to ~~likely~~be among the first budget hotels in the world to ~~materially~~offer ~~affect,~~a wide variety of mobile office options in each of its hotels, ~~internal~~including ~~control~~conference ~~over~~facilities, ~~financial~~audio/video ~~reporting~~equipment, Internet access and staff that can help plan and conduct guests’ meetings.

13 The Company also plans to offer select complimentary beverages and other services to hotel guests. The Company will also offer memberships for Heyu Hotel leisure clubs. Club members will be entitled to complimentary drinks, food and other services when they visit club facilities.

~~Changes~~Potential ~~in Internal Control Over Financial Reporting~~Revenue

~~There were~~The noCompany ~~changes~~expects to inearn ~~our~~potential ~~internal~~revenue ~~control~~from ~~over~~licensing ~~financial~~its ~~reporting~~brand ~~during~~name, ~~the~~initial ~~year~~and ~~ended~~ongoing ~~December~~management ~~31,~~fees ~~2015~~and ~~that~~hotel ~~have~~leisure ~~materially~~club ~~affected,~~membership orsales. ~~are~~The ~~reasonably~~Company ~~likely~~also toreceives ~~materially~~revenue ~~affect,~~from ~~our~~its ~~internal~~hotels ~~control~~based ~~over~~on ~~financial~~the ~~reporting~~number of room rented each day. The rate of occupancy is directly correlated to profitability.

~~Management's Report on Internal Control Over Financial Reporting~~10

The Company’s ~~management~~revenue contribution is ~~responsible~~mainly ~~for~~from ~~establishing and maintaining adequate internal control over financial reporting in accordance with~~ the ~~Rule~~source ~~13a-15~~ of the ~~Securities~~customers ~~Exchange Act of 1934. The Company's president and its principal financial and accounting officer conducted an evaluation of the effectiveness of the Company's internal control over financial reporting~~ as ~~of December~~listed ~~31, 2015, based on the criteria establish~~ in ~~Internal~~below Control Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission. Based on this evaluation, management concluded that the Company's internal control over financial reporting was effective as of December 31, 2015, based on the those criteria. A control system can provide only reasonably, not absolute, assurance that the objectives of the control system are met and no evaluation of controls can provide absolute assurance that all control issues have been detected.categories:

~~Anton &~~1) ~~Chia~~Online ~~LLP,~~Booking ~~the independent registered public accounting firm, has not issued an attestation report on the effectiveness of the internal control over financial reporting.~~Business

~~PART~~2) ~~III~~Traveling Agent

~~Item~~3) ~~10.~~General ~~Directors,~~walk ~~Executive~~in ~~Officers, and Corporate Governance~~customer

~~The~~Alternative ~~Directors~~Financial ~~and Officers of the Company are as follows:~~Planning

Name	Age	Position	Year Commenced
Boon Hong Haw	46	Chairman of the Board cum Independent
		Non-executive Director	2014
Ban Siong Ang	40	CEO,Group Managing Director and interim CFO	2014
Hung Seng Tan	53	Executive Director	2014
Guan Chuan Tan	48	Director	2014
Kean Tat Che	32	Chief Financial Officer	2014
			(Resigned on November 13, 2015)
Timi Ecimovic	73	Non-executive Director	2014
Mei Yun Zhong	39	Non-executive Director	2014
Stephan Truly Busch	65	Non-executive Director	2014
Kwee Huwa Tan	50	Non-executive Director	2014
Shanmuga Ratnam	58	Independent Non-executive Director	2014
M. Shahid Siddiqi	72	Independent Non-executive Director	2014
Hakikur Rahman	57	Independent Non-executive Director	2014
Lay Hoon Ong	42	Independent Non-executive Director	2014

The Company has no alternative financial plans at the moment. If the Company is not able to generate increased revenues and profits and/or successfully raise monies as needed through a private placement or other securities offering (including, but not limited to, a primary public offering of securities), the Company’s ability to expand its business plan or strategy over the next two years will be jeopardized.

~~Boon~~Results ~~Hong~~of ~~Haw~~Operations

~~Boon~~Comparison ~~Hong Haw was appointed as a Chairman cum Independent Non-Executive Director~~ of ~~the~~Years ~~Registrant~~Ended ~~in 2014. Also serves as one of the Finance~~December 31, ~~Audit,~~2016 ~~Remuneration~~ and ~~Risk Management Board Committee member of HEYU Group of Companies in 2014.~~2015

14 Revenues and Costs of Revenue

MrOur ~~Haw~~revenue isof a$145,743 ~~Business Consultant~~ and ~~Professor~~$329,514 ~~in Corporate Social Responsibility~~ for ~~Ansted University since September 1999.He has developed many successful~~ ~~portfolios~~2016 ~~for~~and ~~public listed companies~~2015, ~~private~~respectively. ~~limited~~The ~~companies,~~decrease ~~business~~is ~~enterprise,~~due ~~NGOs~~ to ~~World~~less ~~Organization,~~successful ~~Institutions~~ marketing and ~~government~~operations ~~agencies~~for inthe ~~various~~respective ~~countries~~periods ~~through encouraging these entities~~ leading to ~~cultivating~~decreased ~~Corporate and Individuals Social Responsibility practices~~sales.

~~Mr.~~Our ~~Haw~~cost isof ~~one~~revenue of ~~the Internationally well-known Environmentalists~~$375,424 ~~Educationalists,~~and ~~Social Scientists~~$486,296 ~~Strategic~~for ~~planners,~~2016 ~~authors, Peace Sustainable Makers~~ and ~~Consultant/Specialist on International Business & Entrepreneurial Development~~2015, ~~leadership, Corporate Social &~~ ~~Sustainable Responsibilities, Financial & Economic, Management, Marketing, Cross-Cultural Resource, Human Rights and the creative management of change~~respectively. ~~Also~~The hecost ~~is an intellectual luminary~~ of ~~great~~revenue ~~repute~~consists ~~and a human dynamo~~ of hard work and unstinted service. Mr Haw individual qualifications and skills that led to the conclusion that he should serve as a Chairman and Audit and Finance Committee include his extensive and broad experience in the Hotel industry gained through his years of consultancy positions of increasing responsibility in operationswater, ~~corporate planning~~electricity, ~~mergers~~rental and ~~acquisition.~~related Hetaxes ~~has no conflict~~ of ~~interest in any business arrangement involving the Registrant~~hotel. HeThe ~~has~~decrease ~~had~~is nodue ~~convictions~~to ~~for any offences within the past ten years~~decreased sales.

~~Ban~~Operating ~~Siong~~Expenses ~~Ang~~and Other Expenses

~~Mr.~~General ~~Ban~~and ~~Siong~~administrative ~~Ang~~expenses ~~was~~for ~~appointed~~our asoperations awere ~~Group~~$466,613 ~~CEO~~and $860,648 for 2016 and ~~Managing~~2015, ~~Director~~respectively, representing a decrease of ~~the~~$394,035, ~~Registrant~~or approximately 46%, in ~~2014~~2016. HeThe ~~also~~decrease ~~served~~in asour ~~interim~~general ~~CFO~~and ~~prior~~administrative expenses in 2016, as compared to ~~the~~2015, ~~joining~~reflects ofdecreased operation ~~new~~cost ~~CFO.~~due to decreased sales

HeFinance ~~graduated~~expense ~~from~~was ~~University of~~$794 ~~Southern~~and ~~Queensland~~$1,128 ~~Australia~~ in ~~1998 and completed his Doctor of Business Administration from Ansted University in 2011. Upon~~ ~~his~~2016 ~~graduation from Australia, he started his career~~ and ~~worked as Senior Officer in Bursa Malaysia Depository Sdn Bhd (formerly known as Kuala Lumpur Stock Exchange) between 1998 to2004. From 2004 to 2009~~2015, ~~he served as Director and principal consultant for Golden Design Renovation and Construction Sdn Bhd. Between 2010 and 2011~~respectively, hea ~~served~~decrease asof ~~General Manager and Directors for E-World Films Production Limited~~$334, ~~Big~~or ~~Mine~~approximately ~~(Hong Kong) Private Limited and Asia Morgan Foundation Financial Ltd. In 2012~~30%, ~~he founded Heyu Group of Companies~~ in ~~China, Hong Kong and Malaysia~~2016. ~~Heyu~~The ~~Group~~change ~~of Companies are engaged~~ in ~~Leisure~~finance ~~and~~expense ~~Hotels~~for ~~management,~~the ~~Club~~year-end ~~membership,~~periods ~~Biotechnology,~~was ~~Finance~~due ~~and~~to ~~Investment,~~decreased ~~Food~~bank ~~& Beverage, Brand Franchising, Advance Entertainment Technology, Event Management, Property Development and Management, land & real estate property development, etc~~charges.

HeLiquidity ~~is responsible in the formulation~~ and ~~implementation~~Capital of the HEYU Group’s corporate strategies as well as in charge of the corporate finance and investment management aspects of the Group due to his acute knowledge with rich experience, strong commitment, innovative and dynamic personality. He obtained few Professional Institution Fellowship recognitions from the United Kingdom and also as a member of “The Academic Council on the United Nations System (ACUNS)” in Canada.Resources

InWorking view of Mr. Ang humanitarian contributions, he was certified as ASRIA CSR-CAP in recognizing his outstanding contributions to establish, promote and protect humanity, Peace, Culture Human resource development and Education for the well-being of human society through volunteerism. He was also bestowed the Royal Orders from the State of Pahang in Malaysia.Capital

Hung Seng Tan

	As at December 31, 2016			As at December 31, 2015
Total current assets	$	33,058		$	208,702
Total current liabilities		1,792,529			1,430,946
Working capital (deficit)		(1,759,471	)		(1,222,244	)

~~Mr.~~As ~~Hung~~of ~~Seng~~December ~~Tan~~31, ~~was appointed~~2016 asand anDecember ~~Executive~~31, 2015, ~~Director~~total ofcurrent ~~the~~assets ~~Registrant~~were in$33,058 ~~2014.~~and ~~In July 2007~~$208,702 herespectively. ~~graduated~~The ~~from~~decrease ~~Ansted~~is ~~University~~mainly ~~and~~due ~~possessed~~to ~~Bachelor degree~~decrease in ~~Civil~~amount ~~Engineering~~due from related parties.

~~Between~~As ~~March~~of ~~1980~~ December 31, 2016 and ~~February~~December ~~1984~~31, 2015, hetotal ~~worked~~current atliabilities ~~Hotels~~were $1,792,529 and ~~Restaurants~~$1,430,946 respectively. The increase is mainly amount due to increases in rent ~~the~~payable, ~~United~~payroll ~~States~~liability, ofand ~~America~~advances from related parties.

InAt ~~June~~December ~~1984~~31, he2016, ~~started his~~our ~~own~~principal ~~business~~source of ~~venture~~liquidity infor ~~Malaysia~~our ~~and~~operations ~~served~~consisted asof ~~Managing~~$9,084 ~~Director~~of incash, ~~Mesin~~as ~~Engineering~~compared ~~Sdn~~to ~~Bhd~~$2,762 ~~in the field~~ of ~~quarry~~cash ~~construction and~~at ~~trading~~December ~~business~~31, 2015. MrIn ~~Tan~~addition, ~~is a prominent hand on specialist in town with 30 year experience in the quarry business (River and~~our ~~Marine~~stockholders’ ~~sand~~deficit ~~exploratory)~~was ~~and~~$1,593,061 ~~also~~at inDecember ~~earthworks~~31, ~~construction~~2016, ~~project~~as compared to ~~which~~$917,451 heat ~~has~~December ~~completed~~31, ~~few~~2015, ~~important~~an ~~infrastructure~~increase ~~projects~~ in ~~Malaysia since 1984. Presently, he sits on~~ the deficit ~~Directors~~ of ~~Mesin Engineering Sdn Bhd and Hung Seng Constructions Sdn Bhd in Malaysia since 1984~~$675,610.

~~Mr.~~Our ~~Tan’s~~operations ~~individual qualifications~~used ~~and~~net ~~skills~~cash ~~that~~of ~~led~~$314,891 during 2016, as compared to ~~the~~using ~~conclusion~~$780,493 ~~that~~during he2015. ~~should~~The ~~serve~~$465,602 asdecrease ain ~~director~~the ~~and~~net ~~co-founder~~cash ofused ~~Heyu~~in ~~Group~~our ofoperating ~~companies~~activities toduring ~~oversee~~2016 onprimarily ~~hotel~~resulted ~~business,~~from ~~property~~increase ~~development~~of ~~and~~net ~~risk~~loss ~~management~~in the year as compared to 2015.

~~Guan~~Investing ~~Chuan~~activities ~~Tan~~provided $251,535 in 2016, as compared to used $102,365 net cash in 2015.

Guan Chuan Tan was appointed as a Director of the Registrant in 2014. He possesses a Bachelor and Master in Business Administration from Ansted University. He has engaged in restaurant and property industry for over 30 years.11

InFinancing ~~1998,~~activities heprovided ~~formed~~net cash ~~Lava~~of ~~Group~~$74,165 and ~~started his first Japanese Food Restaurant- Sushi Sam in Texas City~~$820,680 ~~Texas.~~during In2016 ~~2002, he set up a Japanese~~ and ~~Thailand Style Restaurant- Lava Grill in Texas. In 2008~~2015, ~~he served as Executive Director of Aniseed Group to take charge of culinary and food development~~respectively. ~~Besides~~The ~~that,~~decrease ~~he also expanded his business~~ in ~~China~~cash ~~and~~from ~~started~~financing upactivities ~~a Vietnamese Restaurant~~ in ~~Shanghai,~~2016 ~~China.~~results from Inproceeds ~~2010,~~received ~~he expanded another Asian style restaurant, named Lava 10,~~ in ~~another~~connection ~~city~~with ofrelated ~~Texas.~~party ~~He also serve as CEO of Buddhist Temple at Dallas, Texas since 2008~~debt.

HeSince ~~does~~its ~~not~~inception, ~~have~~the ~~any family~~Company ~~relationship~~has ~~with~~devoted substantially ~~any~~all ~~directors~~of ~~and/or~~its ~~major~~efforts ~~shareholder~~to ofbusiness ~~HEYU~~planning, ~~Group~~research ofand ~~Companies~~development, ~~nor~~recruiting ~~any~~management ~~conflict~~and ofstaff ~~interest~~and inraising ~~any~~capital. ~~business~~Accordingly, ~~arrangement~~the ~~involving~~Company is considered to be in the ~~Registrant~~development stage. HeThe Company has ~~had~~not nogenerated ~~convictions~~revenues ~~for~~from ~~any~~its ~~offenses~~operations, and ~~within~~its ~~the~~continuation ~~past~~as ~~ten~~a ~~years~~going concern is dependent on management’s ability to develop profitable operations, and/or obtain additional financing from its stockholders and/or other third parties.

15 The Company’s proposed activities will necessitate significant uses of capital beyond 2017.

~~Timi~~There ~~Ecimovic~~is no assurance that the Company’s activities will generate sufficient revenues to sustain its operations without additional capital, or if additional capital is needed, that such funds, if available, will be obtainable on terms satisfactory to the Company. Accordingly, given the Company’s limited cash and cash equivalents on hand, the Company will be unable to implement its business plans and proposed operations unless it obtains additional financing or otherwise is able to generate revenues and profits. The Company may raise additional capital through sales of debt or equity, obtain loan financing or develop and consummate other alternative financial plans.

~~Timi~~As ~~Ecimovic~~we ~~was~~continue ~~appointed as~~development aand ~~Non-Executive Director of the Registrant in 2014. He was the Ex-Chairman of the World Thinkers’ Forum cum one of the~~identify ~~chapter’s~~specific ~~founding~~commercialization ~~members~~opportunities, ofwe ~~the~~will ~~World~~focus ~~Thinkers’ Panel~~ on ~~the~~those ~~Sustainable~~markets ~~Future of Humankind (WTP-SFH) in China. He started his career as veterinary surgeon with Agriculture Institute, Nova Gorica~~ and ~~Ihan~~opportunities ~~between 1966 and 1969. In 1969, he worked as Adviser~~ for ~~development~~which ofwe ~~Veterinary~~might ~~drugs~~be inable ~~Krka Pharmaceutical Company. Between 1970 and 1972, he held the position of Regional Veterinary Officer in Ministry of Agriculture, Dar-es-Salaam, Tanzania. From 1972~~ to ~~1975,~~get ~~he worked as Regional Sales~~external ~~and~~funding ~~Marketing~~through ~~Manager in Krka Pharmaceutical Company, Slovenia. Between 1975 and 1979, he served as Financial adviser in Ljubljanska Bank for industrial co-operation and~~ joint venture ~~affairs. In 1981~~agreements, hestrategic ~~served as General Manager in Danjub Chemical company at Enugu in Nigeria. From 1982 to 1986~~partnerships, heor ~~served~~other asdirect ~~Sales Manager in Emona Ipko~~investments. He started his own company namely TJE Business Advisory Centre and served for Manager between 1987 and 1993. In 1993, he worked as independent researcher registered with Ministry of Science and Technology at Ljubljana in Slovenia. From 1995 until present, he is the Director of SEM Institute for Climate change and free-lance lecturer for the climate change system, nature, space and environment protection.

HeWe ~~has~~have ~~more~~no ~~than~~significant ~~300 professional~~contractual ~~publications including 20 books, several book chapters in the field of Environmental Sciences, Physics of the Nature,~~obligations ~~System~~or ~~thinking,~~commercial ~~Climate~~commitments ~~Change~~not ~~System,~~reflected ~~Corporate~~on ~~and~~our ~~Individual~~balance ~~Social~~sheet ~~Responsibility,~~as ~~etc. Also he is the Chair~~ of ~~ASRIA’s CSR-CAP,~~this Professor cum Program Director of Ansted University’s School of Environmental Sciences, Ex-Head of SEM Institute for Climate Change, active member of the European Academy of Sciences and Arts, was an International Consultant Socio-Economic and Sport Fishing for The Food and Agriculture Organization of the United Nations (UN FAO) in Rome, Italydate. ~~He received the public certificate The Citizen of the Earth XXI, 2012.~~

~~Mr.~~Critical ~~Timi~~Accounting Ecimovic has been nominated by many institutions in the world for the Nobel Prize in Physics. He has been serving as Chairman for the World Thinkers’ Forum, The Chancellor of the World Philosophical Forum University, and many of his activities have been broadcasted via various media channels through press, magazines, journals TV shows and radio presentations including Kaleidoscope of the United Nations Children’s Fund (UNICEF). He is author of environmental sciences and sustainable development cum sustainable future of humankind resources books as well as listed in Who’s who publications as Global Studies Encyclopedic Directory, and Encyclopedic Directory of Known Slovenians. He does not have any family relationship with any directors and/or major shareholder of HEYU Group of Companies, nor any conflict of interest in any business arrangement involving the Registrant. He has had no convictions for any offences in his whole life until now.Policies

~~Mei~~We ~~Yun~~have ~~Zhong~~identified the policies outlined below as critical to our business operations and an understanding of our results of operations. The list is not intended to be a comprehensive list of all of our accounting policies. In many cases, the accounting treatment of a particular transaction is specifically dictated by accounting principles generally accepted in the United States, with no need for management’s judgment in their application. The impact and any associated risks related to these policies on our business operations is discussed throughout Management’s Discussion and Analysis of Financial Condition and Results of Operations when such policies affect our reported and expected financial results. For a detailed discussion on the application of these and other accounting policies, see the notes to our December 31, 2016 consolidated financial statements. Note that our preparation of the consolidated financial statements requires us to make estimates and assumptions that affect the reported amount of assets and liabilities, disclosure of contingent assets and liabilities at the date of our consolidated financial statements, and the reported amounts of revenue and expenses during the reporting period. We cannot assure that actual results will not differ from those estimates.

~~Ms.~~Revenue Zhong was appointed as a Non-Executive Director cum Nomination Committee member of the Registrant in 2014. From 1996 to 2000, she started her career as surgical nurse in Fuzhou General Hospital of Nanjing Military Region in China. Subsequently, she worked as Regional Agent for China Life Insurance between 2000 and 2002. From 2003 to present, she working as healthcare Regional Sales agent and Manager in New Era Guo Zeng Inc in China.Recognition

InRevenue ~~2013,~~from ~~she~~our ~~received her~~hotel ~~Bachelor~~operations ~~Degree~~and ofrelated services ~~Business~~is ~~Administration~~recognized ~~from~~when ~~Ansted~~earned ~~University~~and realizable. InRevenue ~~view~~is ofearned ~~her~~and ~~strong~~realizable ~~interest~~when inpersuasive ~~doing~~evidence ~~business~~of ~~with~~an ~~good~~arrangement ~~leadership~~exists; ~~skill~~services, ~~she~~if ~~was~~requested ~~appointed~~by ~~Non-Executive~~the ~~Director~~customers, ~~in 2014. She does not~~ have ~~any~~been ~~family~~rendered ~~relationship~~and ~~with~~are ~~any~~determinable; ~~directors~~ and~~/or~~ ~~major~~ability ~~shareholder~~to ofcollect ~~HEYU~~is ~~Group of Companies, nor any conflict of interest in any business arrangement involving the Registrant.~~reasonably ~~She~~assured. ~~has~~Amounts ~~had~~billed noto ~~convictions~~customers ~~for~~before ~~any~~these ~~offences~~criteria ~~within~~being ~~the~~met ~~past~~are ~~ten years~~deferred.

~~Stephan~~Income ~~Truly Busch~~Taxes

~~Stephan~~We ~~Truly~~use ~~Busch was~~the ~~appointed~~liability asmethod ~~a Non-Executive Director cum Nomination Committee member~~ of ~~the~~accounting for ~~Registrant~~income ~~in 2014~~taxes. HeUnder ~~has been in~~ the ~~teaching profession~~liability ~~for~~method, ~~over~~deferred 40tax ~~years~~assets atand ~~different~~liabilities ~~German~~are ~~schools~~determined inbased ~~Germany.~~on Hetemporary isdifferences between afinancial ~~well-known~~reporting ~~English~~and ~~teacher~~tax inbases ~~Germany,~~of ~~also~~assets ~~fluent in~~and ~~German,~~liabilities ~~Bosnian, Croatian~~ and ~~Serbian~~on ~~languages.~~the Heamount ~~started~~of ~~his~~operating ~~career~~loss ascarry-forwards ~~translator/~~and ~~interpreter~~are measured ~~with~~using ~~Energeoinvest~~the ~~Sarajevo between~~enacted ~~1970~~tax rates and ~~1973.~~laws ~~From~~that ~~1973~~will tobe ~~present,~~in heeffect iswhen ~~working~~the astemporary ~~the~~differences ~~teacher~~and ofcarry-forwards ~~English~~are ~~and~~expected to ~~German~~reverse. atAn ~~Wolfen~~allowance ~~buettel~~against ~~School~~deferred intax ~~Germany. He~~assets ~~also~~is ~~served~~recorded aswhen ~~Evaluation~~it ~~consultant~~is ~~for~~more ~~Europe~~likely inthan ~~California~~not ~~University~~that ~~FCE~~such ~~from~~tax ~~2011~~benefits ~~until~~will ~~now~~not be realized.

HeRecent ~~completed~~Accounting his Doctor of Education at Ansted University and serves as an Evaluation expert for European credentials. He has also managed several soccer teams throughout Germany. He does not have any family relationship with any directors and/or major shareholder of HEYU Group of Companies, nor any conflict of interest in any business arrangement involving the Registrant. He has had no convictions for any offences within the past ten years.Pronouncements

~~Kwee~~In ~~Huwa~~February ~~Tan~~2016, the FASB issued ASU No. 2016-02, “Leases (Topic 842)”, to increase the transparency and comparability about leases among entities. The new guidance requires lessees to recognize a lease liability and a corresponding lease asset for virtually all lease contracts. It also requires additional disclosures about leasing arrangements. ASU 2016-02 is effective for interim and annual periods beginning after December 15, 2018, and requires a modified retrospective approach to adoption. Early adoption is permitted. The Company does not expect that the adoption of this guidance will have a material impact on its consolidated financial statements.

Kwee Huwa Tan was appointed as a Non-Executive Director cum Nomination Committee member of the Registrant in 2014. In 2014, she received her Bachelor of Business Administration from Ansted University. She does have 25 years of experience in beauty care business. Presently she is the Principal Consultant for HEYU Healthcare division in the aspect of beauty and cosmetology.12

In ~~2000~~August 2016, ~~she~~the ~~established~~FASB issued ASU No. ~~Slynn~~2016-15, ~~International~~“Statement ~~Beauty~~of ~~Group~~Cash ~~and~~Flows ~~working~~(Topic as230): ~~Director~~Classification ~~until~~of ~~now,~~Certain ~~which~~Cash isReceipts ~~integrating~~and ~~scientific~~Cash ~~research~~Payments, ~~marketing,~~to ~~training~~address diversity in how certain cash receipts and ~~professional~~cash ~~beauty~~payments are presented and classified in ~~business~~the ~~territories~~statement ~~covering~~of ~~mainland~~cash ~~China~~flows”. The amendments provide guidance on the following eight specific cash flow issues: (1) Debt Prepayment or Debt Extinguishment Costs; (2) Settlement of Zero-Coupon Debt Instruments or Other Debt Instruments with Coupon Interest Rates That Are Insignificant in Relation to the Effective Interest Rate of the Borrowing; (3) Contingent Consideration Payments Made after a Business Combination; (4)Proceeds from the Settlement of Insurance Claims; (5) Proceeds from the Settlement of Corporate-Owned Life Insurance Policies, ~~Southeast~~including Bank-Owned; ~~Asia~~(6) Life Insurance Policies; (7) Distributions Received from Equity Method Investees; (8) Beneficial Interests in Securitization Transactions; and Separately Identifiable Cash Flows and Application of the Predominance Principle. The amendments are effective for public business entities for fiscal years beginning after December 15, ~~Europe~~2017, ~~America~~ and ~~China~~interim ~~Taiwan~~periods ~~region~~within those fiscal years. ~~She~~Early ~~has~~adoption ~~been~~is ~~enthusiastic~~permitted, ~~about~~including ~~public~~adoption ~~welfare~~in an interim period. The amendments should be applied using a retrospective transition method to each period presented. If it is impracticable to apply the amendments retrospectively for some of the issues, ~~involving~~the ~~social~~amendments for ~~welfare~~those ~~activities~~issues ~~and~~would ~~contribution~~be ~~diligently~~applied prospectively as of the earliest date practicable. The Company does not expect that the adoption of this guidance will have a material impact on its consolidated financial statements.

~~She~~In ~~does~~October ~~not~~2016, ~~have~~the ~~any~~FASB issued ASU 2016-16, ~~family~~“Income ~~relationship~~Taxes ~~with~~(Topic ~~any~~740): ~~directors~~Intra-Entity ~~and/or~~Transfer ~~major~~of ~~shareholder~~Assets Other than Inventory”, which requires the recognition of the ~~HEYU~~income ~~Group~~tax consequences of ~~Companies~~an intra-entity transfer of an asset, ~~nor~~other ~~any~~than ~~conflict~~inventory, ofwhen ~~interest~~the intransfer ~~any~~occurs. ASU 2016-06 ~~business~~will ~~arrangement~~be ~~involving~~effective for the ~~Registrant.~~Company ~~She~~in ~~has~~its ~~had~~first noquarter ~~convictions~~of ~~for~~2019. ~~any~~The ~~offences~~Company ~~within~~does not expect that the ~~past~~adoption ~~ten~~of ~~years~~this guidance will have a material impact on its consolidated financial statements.

~~Shanmuga~~In ~~Ratnam~~October 2016, the FASB issued ASU 2016-17, “Consolidation (Topic 810): Interests Held through Related Parties That Are under Common Control”. The amendments affect reporting entities that are required to evaluate whether they should consolidate a variable interest entity in certain situations involving entities under common control. Specifically, the amendments change the evaluation of whether a reporting entity is the primary beneficiary of a variable interest entity by changing how a reporting entity that is a single decision maker of a variable interest entity treats indirect interests in the entity held through related parties that are under common control with the reporting entity. The amendments are effective for public business entities for fiscal years beginning after December 15, 2016, including interim periods within those fiscal years. Early adoption is permitted. The Company does not expect that the adoption of this guidance will have a material impact on its consolidated financial statements.

~~Shanmuga~~In ~~Ratnam~~May ~~was~~2014, the FASB issued ASU No. 2014-09, ~~appointed~~“Revenue asfrom Contracts with Customers (Topic 606)”. ASU 2014-09 requires an ~~Independent~~entity ~~Non~~to recognize the amount of revenue to which it expects to be entitled for the transfer of promised goods or services to customers. ASU 2014-~~Executive~~09 ~~Director~~will ~~cum~~replace most existing revenue recognition guidance in U.S. Generally Accepted Accounting Principles when it becomes effective and permits the ~~Finance,~~use ~~Audit~~of either the retrospective or cumulative effect transition method. The guidance also requires additional disclosure about the nature, amount, ~~Remuneration~~timing and ~~Risk~~uncertainty ~~Management~~of ~~Board~~revenue ~~Committee~~and ~~member~~cash flows arising from customer contracts. In August 2015, the FASB issued ASU No. 2015-14, “Deferral of ~~HEYU~~the ~~LEISURE~~Effective ~~HOLIDAYS~~Date”, ~~CORPORATION~~which defers the effective date for ASU 2014-09 by one year. For public entities, the guidance in ASU 2014-09 will be effective for annual reporting periods beginning after December 15, 2017 (including interim reporting periods within those periods), which means it will be effective for the Company’s fiscal year beginning January 1, 2018. HeIn isMarch ~~retired~~2016, ~~since~~the ~~2009~~FASB issued ASU No. 2016-08, “Principal versus Agent Considerations (Reporting Revenue versus Net)”, which clarifies the implementation guidance on principal versus agent considerations in the new revenue recognition standard. In April 2016, the FASB issued ASU No. 2016-10, “Identifying Performance Obligations and ~~was~~Licensing”, ~~formerly~~which reduces the complexity when applying the guidance for identifying performance obligations and improves the operability and understandability of the license implementation guidance. In May 2016, the FASB issued ASU No. 2016-12 “Narrow-Scope Improvements and Practical Expedients”, which amends the guidance on transition, collectability, noncash consideration and the presentation of sales and other similar taxes. In December 2016, the FASB further issued ASU 2016-20, “Technical Corrections and Improvements to Topic 606, Revenue from Contracts with Customers”, which makes minor corrections or minor improvements to the Codification that are not expected to have a ~~banker~~significant ~~who~~effect ~~served~~on ascurrent ~~head~~accounting practice or create a significant administrative cost to most entities. The amendments are intended to address implementation issues that were raised by stakeholders and provide additional practical expedients to reduce the cost and complexity of ~~department~~applying the new revenue standard. These amendments have the same effective indate as the ~~FOREX~~new ~~exchange~~revenue ~~for~~standard. 25Preliminarily, ~~years~~we plan to adopt Topic 606 in athe first quarter of our fiscal 2018 using the retrospective transition method, and are continuing to evaluate the impact our pending adoption of Topic 606 will have on our consolidated financial statements. ~~institution~~The Company’s current revenue recognition policies are generally consistent with the new revenue recognition standards set forth in ~~Malaysia~~ASU 2014-09. Potential adjustments to input measures are not expected to be pervasive to the majority of the Company’s contracts. While no significant impact is expected upon adoption of the new guidance, the Company will not be able to make that determination until the time of adoption based upon outstanding contracts at that time.

16 In January 2017, the FASB issued ASU No. 2017-01, “Business Combinations (Topic 805): Clarifying the Definition of a Business”. The amendments in this ASU clarify the definition of a business with the objective of adding guidance to assist entities with evaluating whether transactions should be accounted for as acquisitions (or disposals) of assets or businesses. Basically these amendments provide a screen to determine when a set is not a business. If the screen is not met, the amendments in this ASU first, require that to be considered a business, a set must include, at a minimum, an input and a substantive process that together significantly contribute to the ability to create output and second, remove the evaluation of whether a market participant could replace missing elements. These amendments take effect for public businesses for fiscal years beginning after December 15, 2017 and interim periods within those periods, and all other entities should apply these amendments for fiscal years beginning after December 15, 2018, and interim periods within annual periods beginning after December 15, 2019. The Company does not expect that the adoption of this guidance will have a material impact on its consolidated financial statements.

A well-known personality in his chosen profession, Mr. Ratnam is Ansted University Doctorate Alumni cum Honorary Advisory Council member in Malaysia. Also he obtained few Professional Institution Fellowship recognitions from the United Kingdom and travels extensively to various countries to serve as an invited speaker.13

HeAll ~~does~~other ~~not~~newly ~~have~~issued ~~any family~~accounting ~~relationship with any directors and/or major shareholder of HEYU Group of Companies~~pronouncements, ~~nor any conflict of interest in any~~ ~~business~~but ~~arrangement~~not ~~involving~~yet ~~the~~effective, ~~Registrant.~~have Hebeen ~~has~~deemed ~~had~~either noimmaterial ~~convictions~~or ~~for~~not ~~any offences within the past ten years~~applicable.

M.Off-Balance ~~Shahid~~Sheet ~~Siddiqi~~Arrangements

M.We ~~Shahid~~do ~~Siddiqi~~not ~~was appointed~~have asany ~~an Independent Non~~off-~~Executive~~balance ~~Director~~sheet ~~of the Registrant in 2014. He is one of the founding members of the World Thinkers’~~arrangements, ~~Panel on the Sustainable Future of Humankind (WTP-SFH). He is a Notary Public in the State of California~~financings, ~~United~~or ~~States,~~other ~~since 2009.~~relationships Hewith ~~has~~unconsolidated ~~been~~entities aor ~~Board~~other ~~of Advisor cum Professor in Business & Accounting for Ansted University University since March 1999. He is a retired Tax Consultant in the United States and Canada since November 2007. Besides that~~persons, he also ~~served~~known as ~~president/CEO, Avon~~“special ~~Income~~purpose ~~Tax Services since October 1990~~entities. ~~In 1980, he was Deputy Governor for American Biographical Institute Research Association.~~”

HeITEM ~~does not have any family relationship with any directors and/or major shareholder of HEYU Group of Companies, nor any conflict of interest in any business arrangement involving the Registrant~~7A. HeQUANTITATIVE ~~has~~AND ~~had~~QUALITATIVE noDISCLOSURES ~~convictions~~ABOUT ~~for~~MARKET ~~any offences within the past ten years~~RISK.

~~Hakikur~~As ~~Rahman~~a “smaller reporting company”, we have elected not to provide the disclosure required by this item.

~~Md.~~ITEM ~~Hakikur Rahman was appointed as an Independent Non-Executive Director of the Registrant in 2014~~8. HeFINANCIAL isSTATEMENTS ~~specialized~~AND inSUPPLEMENTARY ~~the field of Computer Engineering~~DATA. He is Ansted University Doctorate alumni cum Honorary Advisory Council member. Also he is a trained and qualified Electrical & Electronics Engineer and has been serving as faculty members for various Universities in Portugal and Bangladesh. He is the Chief Editor of the Advances in Knowledge Communities and Social Networks (AKCSN) Book series and International Journal of Information and Communication technology for Human Development (IJICTHD);

HeThe ~~started~~required ~~his~~financial ~~career as~~statements ~~National~~are ~~Project Coordinator with Sustainable Development Networking Foundation (UNDP) in Bangladesh in December 1999, subsequently~~included ~~being~~following ~~promoted to executive Director in January 2007. Between November 2008 and November 2013, he served as Post-Doctoral Researcher in~~ the ~~University~~signature ofpage ~~Minho, Portugal to conduct research in the field~~ of ~~knowledge~~this ~~management~~Annual ~~and~~Report organizational learning. From April 2014 to the present, he is working as Director (Academic Services) in the Institute of Computer Management Science, responsible for the preparation of course materials and manuals for personnel from Government and Non-Government organization. He has contributed over 45 book chapters, authored/edited about 20 books and published more than 100 articles/papers on ~~ICT~~Form ~~for Development (e.g. knowledge management, e~~10-~~governance, e-learning, data mining applications and Internet governance)~~K.

HeITEM ~~does not have any family relationship with any directors and/or major shareholder of HEYU Group of Companies, nor any conflict of interest in any business arrangement involving the Registrant~~9. HeCHANGES ~~has~~IN ~~had~~AND noDISAGREEMENTS ~~convictions~~WITH ~~for~~ACCOUNTANTS ~~any~~ON ~~offences~~ACCOUNTING ~~within~~AND ~~the~~FINANCIAL ~~past ten years~~DISCLOSURE.

~~Lay Hoon Ong~~None.

~~Ms.~~ITEM ~~Lay Hoon Ong, was appointed as an Independent Non-Executive Director of the Registrant in 2014~~9A. ~~She~~CONTROLS ~~has~~AND 20 years of experience in directing business administrative and accounting aspects in the field of Education Institution, Publication, Insurance, Business Consultancy, Manufacturing and Industrial ServicesPROCEDURES. Although this kind of task is considered extremely challenging but she never stopped learning the new approaches and improve herself along the journey as a dedicated Administrative Management Director. In view of her international voluntary contributions for many successful conference event projects, she was awarded an Honorary Doctorate degree BALKAN Academy of Science, Technology and Management in Sofia, Bulgaria in 2005. In addition, she also sits on the Directors of several private limited companies in Malaysia.

~~She~~Evaluation ~~started~~of ~~her~~Disclosure ~~career~~Controls ~~as an Insurance Financial Planner with SimeAxa Assurance Berhad between December 1993~~ and ~~July 1999. Between September 1999 and August 2003, she was the~~ Deputy Director for Ansted Asia Regional Service Center to overseeing and managing international projects in Asia and the United Kingdom. Between September 2003 and August 2010, she served as Director cum Shareholder for Best Team Industrial Services. From September 2010 to the present, she serves as Director cum Shareholder for Best Team Manufacturing and Trading Sdn. Bhd to overseeing and directing Administrative and Account Department of Best Team Group of Companies.Procedures

17 Our management, with the participation of our prior principal executive and financial officer, evaluated the effectiveness of our disclosure controls and procedures (as defined in Rule 15d-15(e) of the Securities Exchange Act of 1934, as amended, the Exchange Act) as of the end of the period covered by this report. Based on that evaluation, our Chief Executive Officer and principal financial officer concluded that our disclosure controls and procedures as of the end of the period covered by this report (based on the evaluation of these controls and procedures required by Rule 15d-15(b) of the Exchange Act) were not effective in ensuring that information required to be disclosed by us in reports that we file or submit under the Exchange Act (i) is recorded, processed, summarized and reported within the time periods specified in the Commission’s rules and forms, and (ii) is accumulated and communicated to the Company’s management, including its principal executive and principal financial officers, or persons performing similar functions, as appropriate to allow timely decisions regarding required disclosure. As of the end of the period covered by the Report, we did not have a formal audit committee and there was a lack of segregation of duties.

~~She~~We ~~has~~believe that a control system, no ~~conflict~~matter ofhow ~~interest~~well indesigned ~~any~~and ~~business~~operated, ~~arrangement~~cannot ~~involving~~provide absolute assurance that the ~~Registrant.~~objectives ~~She~~of ~~has~~the ~~had~~control system are met, and no ~~convictions~~evaluation of ~~for~~controls ~~any~~can ~~offences~~provide absolute assurance that all control issues and instances of fraud, if any, within ~~the~~a ~~past~~company ~~ten years~~have been detected.

~~Director~~Management’s ~~Independence~~Annual Report on Internal Control over Financial Reporting

~~Pursuant~~Our tomanagement ~~Rule~~is ~~4200~~responsible for establishing ofand ~~The~~maintaining ~~NASDAQ~~adequate ~~Stock~~internal ~~Market~~control ~~one~~over financial reporting to provide reasonable assurance regarding the reliability of our financial reporting and the ~~definitions~~preparation of anfinancial ~~independent~~statements ~~director~~for isexternal apurposes ~~person~~in ~~other~~accordance ~~than~~with angenerally ~~executive~~accepted accounting ~~officer~~principles. orInternal ~~employee~~control over financial reporting includes those policies and procedures that (i) pertain to the maintenance of arecords ~~company.~~that ~~The~~in ~~Registrant's~~reasonable ~~board~~detail ofaccurately ~~directors~~and ~~has~~fairly ~~reviewed~~reflect the ~~materiality~~transactions and dispositions of ~~any~~the ~~relationship~~assets of our company; (ii) provide reasonable assurance that ~~each~~transactions are recorded as necessary to permit preparation of financial statements in accordance with generally accepted accounting principles, and that receipts and expenditures of the ~~directors~~company ~~has~~are being made only in accordance with ~~the~~authorizations ~~Registrant,~~of ~~either~~our ~~directly~~management and directors; and (iii) provide reasonable assurance regarding prevention or ~~indirectly.~~timely ~~Based~~detection onof ~~this~~unauthorized ~~review~~acquisition, use or disposition of the ~~board~~Company’s ~~currently~~assets ~~has~~that ~~five~~could ~~independent~~have ~~directors~~a material effect on the financial statements.

~~Committees~~Management assessed our internal control over financial reporting as of December 31, 2016, the end of our fiscal year. Management based its assessment on criteria established in Internal Control—Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission (the COSO 2013 Criteria). Management’s assessment included evaluation of such elements as the design and ~~Terms~~operating effectiveness of key financial reporting controls, process documentation, accounting policies, and our overall control environment.

The Board of Directors (the “Board”) has established two committees, which are the Finance, Audit and Risk Management committee and nominations committee. The Registrant has adopted a charter for each of the board committees. Each committee’s members and functions are described below.14

~~Finance~~Based on our assessment, ~~Audit~~management has concluded that our internal control over financial reporting was not effective, as of the end of the fiscal year, to provide reasonable assurance regarding the reliability of financial reporting and ~~Risk~~the ~~Management~~preparation of financial statements for external reporting purposes ~~Committee~~in accordance with generally accepted accounting principles.

~~Our~~This ~~audit~~annual ~~committee consists~~report ofdoes ~~four~~not ~~directors,~~include ~~namely~~an attestation ~~Mr.~~report ~~Shanmuga~~of ~~Ratnam,~~the MrCompany’s ~~Boon~~registered ~~Hong~~public ~~Haw,~~accounting Mrfirm ~~Ban~~regarding ~~Siong~~internal ~~Ang~~control ~~and~~over Mrfinancial ~~Hung Seng Tan~~reporting. ~~Our board of directors~~ ~~has~~Management’s ~~determined~~report ~~that~~was ~~Mr.~~not ~~Shanmuga~~subject ~~Ratnam~~to isattestation ~~qualified~~by asthe anCompany’s ~~audit~~registered ~~committee~~public ~~financial~~accounting ~~expert~~firm ~~within~~pursuant ~~the~~to ~~meaning~~ rules of the ~~SEC~~Securities ~~regulations. The audit committee oversees our accounting~~ and ~~financial~~Exchange ~~reporting~~Commission ~~processes~~that ~~and~~permit the ~~audits~~Company ofto ~~the~~provide ~~financial~~only ~~statements~~management’s ofreport ~~our company.~~in ~~The~~this ~~audit~~annual ~~committee is responsible for, among other things:~~report.

~~· selecting the~~Inherent ~~independent~~limitations ~~auditors~~on ~~and pre-approving all auditing and non-auditing services permitted to be performed by the independent~~effectiveness ~~auditors;~~of controls

~~· setting~~Internal control over financial reporting ~~clear~~has ~~hiring~~inherent ~~policies~~limitations which include but is not limited to the use of independent professionals for ~~employees~~advice and guidance, interpretation of existing and/or ~~former~~changing ~~employees~~rules and principles, segregation of management duties, scale of organization, and personnel factors. Internal control over financial reporting is a process which involves human diligence and compliance and is subject to lapses in judgment and breakdowns resulting from human failures. Internal control over financial reporting also can be circumvented by collusion or improper management override. Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements on a timely basis, however these inherent limitations are known features of the ~~independent~~financial ~~auditors;~~reporting process and it is possible to design into the process safeguards to reduce, though not eliminate, this risk. Therefore, even those systems determined to be effective can provide only reasonable assurance with respect to financial statement preparation and presentation. Projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate.

~~· reviewing with~~Changes ~~the~~in ~~independent~~Internal ~~auditors~~Control ~~any~~Over ~~audit problems or difficulties and management’s response;~~Financial Reporting

~~· reviewing~~There was no change in our internal control ~~and~~over ~~approving~~financial ~~all~~reporting ~~proposed~~(as ~~related~~defined in Rule 15d-~~party~~15(f) ~~transactions;~~of the Exchange Act) that occurred during the year ended December 31, 2016, that materially affected, or is reasonably likely to materially affect, our internal control over financial reporting.

~~· discussing the~~ITEM ~~annual~~9B. ~~audited~~OTHER ~~financial statements with management and the independent auditors;~~INFORMATION

~~· discussing with management and the independent auditors major issues regarding accounting principles and financial statement presentations;~~None.

~~· reviewing reports prepared by management or the independent auditors relating to significant financial reporting issues and judgments;~~15

~~· reviewing with~~PART ~~management and the independent auditors related-party transactions and off-balance sheet transactions and structures;~~III

~~· reviewing with~~ITEM ~~management~~10. ~~and~~DIRECTORS, ~~the~~EXECUTIVE ~~independent~~OFFICERS ~~auditors~~AND ~~the~~CORPORATE ~~effect of regulatory and accounting initiatives and actions;~~GOVERNANCE.

~~· reviewing policies~~The ~~with~~following ~~respect~~table tosets ~~risk~~forth ~~assessment~~information concerning our executive officers and ~~risk~~directors ~~management;~~as of December 31, 2016.

· reviewing our disclosure controls and procedures and internal control over financial reporting;

Name	Age	Position	Year Commenced

Boon Hong Haw	46	Chairman of the Board cum Independent
		Non-executive Director	2014

Ban SiongAng	40	CEO, Group Managing Director and interim CFO	2014

Hung Seng Tan	53	Executive Director	2014

Guan Chuan Tan*	48	Director	2014

Kean Tat Che	32	Chief Financial Officer	2014 (Resigned on November 13, 2015)

Timi Ecimovic	73	Non-executive Director	2014

Mei Yun Zhong	39	Non-executive Director	2014

Stephan Truly Busch	65	Non-executive Director	2014

Kwee Huwa Tan**	50	Non-executive Director	2014

ShanmugaRatnam	58	Independent Non-executive Director	2014

M. ShahidSiddiqi	72	Independent Non-executive Director	2014

HakikurRahman	57	Independent Non-executive Director	2014

Lay HoonOng	42	Independent Non-executive Director	2014

~~· timely reviewing~~*Effective ~~reports~~February ~~from~~24, ~~the independent auditors regarding all critical accounting policies and practices to be used by our company~~2017, ~~all~~Mr ~~alternative~~Guan ~~treatments~~Chuan ofTan ~~financial~~resigned ~~information~~as ~~within~~a ~~GAAP that have been discussed with management and all other material written communications between the independent auditors and management;~~director

~~· establishing procedures~~** ~~for~~On March 1, 2017, the ~~receipt~~Board of Directors, ~~retention~~upon ~~and~~the ~~treatment~~recommendation of ~~complaints~~its ~~received~~Nominating ~~from~~Committee, ~~our~~appointed ~~employees~~Ms. ~~regarding~~Kwee ~~accounting,~~Huwa ~~internal~~Tan ~~accounting~~to serve on the Board ~~controls~~as oran ~~auditing~~executive ~~matters~~director. ~~and~~Ms. ~~the~~Tan ~~confidential,~~will ~~anonymous~~also ~~submission~~serve byon ~~our~~the ~~employees~~Nominating Committee and Compensation Committee of ~~concerns~~the ~~regarding~~Board. ~~questionable~~Ms. ~~accounting~~Tan orhas ~~auditing~~been ~~matters;~~a non-executive director for the company from 2013 to 2016.

~~· annually reviewing and reassessing the adequacy of our audit committee charter;~~16

~~· such other~~Boon ~~matters~~Hong ~~that are specifically delegated to our audit committee by our board of directors from time to time; and~~Haw

~~· meeting~~Boon Hong Haw was appointed ~~separately,~~as ~~periodically,~~a ~~with~~Chairman ~~management,~~cum Independent Non-Executive Director of the ~~internal~~Company ~~auditors~~in ~~and~~2014. Also serves as one of the ~~independent~~Finance, ~~auditors~~Audit, Remuneration and Risk Management Board Committee member of HEYU Group of Companies in 2014.

~~Nomination~~Mr ~~Committee~~Haw is a Business Consultant and Professor in Corporate Social Responsibility for Ansted University since September 1999.He has developed many successful portfolios for public listed companies, private limited companies, business enterprise, NGOs to World Organization, Institutions and government agencies in various countries through encouraging these entities to cultivating Corporate and Individuals Social Responsibility practices.

~~Our~~Mr. ~~Nomination~~Haw ~~committee~~is one of the ~~consists~~Internationally well-known Environmentalists, Educationalists, Social Scientists, Strategic planners, authors, Peace Sustainable Makers and Consultant/Specialist on International Business & Entrepreneurial Development, leadership, Corporate Social & Sustainable Responsibilities, Financial & Economic, Management, Marketing, Cross-Cultural Resource, Human Rights and the creative management of Mschange. ~~Kwee~~Also ~~Huwa~~he ~~Tan,~~is Mran intellectual luminary of great repute and a human dynamo of hard work and unstinted service. Mr ~~Truly~~Haw ~~Bush~~individual qualifications and Msskills that led to the conclusion that he should serve as a Chairman and Audit and Finance Committee include his extensive and broad experience in the Hotel industry gained through his years of consultancy positions of increasing responsibility in operations, corporate planning, mergers and acquisition. ~~Mei~~He ~~Yun~~has ~~Zhong~~no conflict of interest in any business arrangement involving the Company. ~~The~~He ~~nomination~~has ~~committee~~had isno ~~responsible~~convictions for, ~~among~~any ~~other~~offences ~~things:~~within the past ten years.

~~· Making recommendations~~Ban asSiong ~~to the size, composition, structure, operations, performance and effectiveness of the Board;~~Ang

~~· Overseeing~~Mr. Ban Siong Ang was appointed as a Group CEO and Managing Director of the Company’s ~~chief~~in ~~executive~~2014. ~~officer~~He ~~(“CEO”)~~also ~~succession~~served ~~planning~~as ~~process~~interim CFO prior to the joining of new CFO.

~~· Conducting~~He graduated from University anof ~~annual~~Southern ~~review~~Queensland, Australia in 1998 and completed his Doctor of ~~the~~Business ~~Company’s~~Administration ~~CEO~~from Ansted University in 2011. Upon his graduation from Australia, he started his career and ~~non~~worked as Senior Officer in Bursa Malaysia Depository SdnBhd (formerly known as Kuala Lumpur Stock Exchange) between 1998 to2004. From 2004 to 2009, he served as Director and principal consultant for Golden Design Renovation and Construction Sdn Bhd. Between 2010 and 2011, he served as General Manager and Directors for E-~~independent~~World Films ~~chairman~~Production Limited, ifBig ~~any;~~Mine (Hong Kong) Private Limited and Asia Morgan Foundation Financial Ltd. In 2012, he founded Heyu Group of Companies in China, Hong Kong and Malaysia. Heyu Group of Companies are engaged in Leisure and Hotels management, Club membership, Biotechnology, Finance and Investment, Food & Beverage, Brand Franchising, Advance Entertainment Technology, Event Management, Property Development and Management, land & real estate property development, etc.

~~· Developing~~He is responsible in the formulation and ~~recommending~~implementation toof the ~~Board~~HEYU aGroup’s ~~set~~corporate strategies as well as in charge of the corporate ~~governance~~finance and ~~principles~~investment management aspects of the Group due to his acute knowledge with rich experience, ~~including~~strong ~~independence~~commitment, ~~standards;~~innovative and dynamic personality. He obtained few Professional Institution Fellowship recognitions from the United Kingdom and also as a member of “The Academic Council on the United Nations System (ACUNS)” in Canada.

~~· taking a leadership role in shaping the corporate governance of the Company.~~17

18 In view of Mr. Ang’s humanitarian contributions, he was certified as ASRIA CSR-CAP in recognizing his outstanding contributions to establish, promote and protect humanity, Peace, Culture Human resource development and Education for the well-being of human society through volunteerism. He was also bestowed the Royal Orders from the State of Pahang in Malaysia.

~~Item~~Hung ~~11.~~Seng ~~Executive Compensation~~Tan

					Aggregate
			Annual		Annual		Accrued								All		Annual
			Earned		Payments		Salary Since				Stock and		Compensation		Other		Compensation
Name/Position	Year		Salary		Made		Inception		Bonus		Options		Plans		Compensation		Total
Boon Hong Haw Chairman		2015	$	120,000	$	0	$	120,000	$	0		-		-		-	$	120,000
		2014	$	120,000	$	0	$	120,000	$	0		-		-		-	$	120,000
Ban Siong Ang		2015	$	180,000	$	0	$	180,000	$	0		-		-		-	$	180,000
CEO and		2014	$	180,000	$	0	$	180,000	$	0		-		-		-	$	180,000
Group Managing Director
Hung Seng Tan		2015	$	72,000	$	0	$	72,000	$	0		-		-		-	$	72,000
Executive Director		2014	$	72,000	$	0	$	72,000	$	0		-		-		-	$	72,000
Guan Chuan Tan		2015	$	24,000	$	0	$	24,000	$	0		-		-		-	$	24,000
Director		2014	$	24,000	$	0	$	24,000	$	0		-		-		-	$	24,000
Kean Tat Che		2015	$	72,000	$	0	$	72,000	$	0		-		-		-	$	72,000
Former Chief Financial Officer Resigned on November 13, 2015		2014	$	72,000	$	0	$	72,000	$	0		-		-		-	$	72,000

Mr. Hung Seng Tan was appointed as an Executive Director of the Company in 2014. In July 2007, he graduated from Ansted University and possessed Bachelor degree in Civil Engineering.

~~The~~Between ~~Board~~March of1980 ~~Directors may allocate salaries~~ and ~~benefits to the officers in its sole discretion. No officer is subject to a compensation plan or arrangement~~ ~~that~~February ~~results from his or her resignation~~1984, ~~retirement,~~he orworked ~~any~~at ~~other~~Hotels ~~termination~~and ofRestaurants ~~employment with the Registrant or from a change~~ in ~~control of~~ the ~~company~~United orStates ~~a change in his or her responsibilities following a change in control. The members~~ of the Board of Directors may receive, if the Board so decides, a fixed fee and reimbursement of expenses, for attendance at each regular or special meeting of the Board, although no such program has been adopted to dateAmerica. The Registrant currently has no retirement, pension, or profit-sharing plan covering its officers and directors; however, the Registrant plans to implement certain such benefits after sufficient funds are realized or raised by the Registrant (see “Anticipated Officer and Director Remuneration” below.)

~~Employment~~In ~~Agreements~~June 1984, he started his own business venture in Malaysia and served as Managing Director in Mesin Engineering SdnBhd in the field of quarry construction and trading business. Mr Tan is a prominent hand on specialist in town with 30 year experience in the quarry business (River and Marine sand exploratory) and also in earthworks construction project to which he has completed few important infrastructure projects in Malaysia since 1984. Presently, he sits on the Directors of Mesin Engineering SdnBhd and Hung Seng Constructions SdnBhd in Malaysia since 1984.

~~The~~Mr. ~~Registrant~~Tan’s ~~enters~~individual ~~into~~qualifications and ~~maintains~~skills ~~customary~~that ~~employment~~led ~~agreements~~to ~~with~~the ~~each~~conclusion that he should serve as a director and co-founder of ~~its~~Heyu ~~officers~~Group of companies to oversee on hotel business, property development and ~~employees~~risk management.

~~The~~Guan ~~employees~~Chuan ~~receive health insurance benefits. The Registrant provides the health insurance coverage to all Registrant staff after a probation period.~~Tan

~~The~~Guan ~~Registrant~~Chuan ~~also offers~~Tan anwas ~~Employee Provident Fund~~ appointed as a ~~provision~~Director of ~~retirement~~the ~~funds.~~Company ~~All Registrant staff are entitled to participate~~ in ~~this fund after a probation period~~2014. ~~The~~He ~~contribution~~possesses ofa ~~the~~Bachelor ~~Employee~~and ~~Provident~~Master ~~Fund~~in isBusiness Administration from ~~Employer~~Ansted ~~and Employee~~University. ~~The Registrant will~~He ~~match~~has upengaged toin ~~five~~restaurant ~~percent~~and ofproperty ~~the~~industry ~~Employee’s~~for ~~salary~~over ~~towards~~30 ~~a contribution~~years.

~~The~~In ~~Registrant~~1998, ~~also~~he formed Lava ~~provides~~Group and started his first Japanese Food Restaurant- Sushi Sam in Texas City, Texas. In 2002, he set up a ~~food~~Japanese ~~allowance~~and Thailand Style Restaurant- Lava Grill in Texas. ~~The~~In ~~food~~2008, ~~allowance~~he isserved ~~provided~~as Executive Director of Aniseed Group to ~~the~~take ~~hotel~~charge ~~staff~~of ~~only~~culinary and food development. Besides that, ofhe also expanded his business in China and started up toa ~~RMB~~Vietnamese Restaurant in Shanghai, China. In 2010, he expanded another Asian style restaurant, named Lava 10, in another city of Texas.00 ~~per~~He ~~working~~also ~~shift~~serve as CEO of Buddhist Temple at Dallas, Texas since 2008.

~~The~~He ~~Registrant~~does ~~may~~not have any ~~offer~~family ~~additional~~relationship ~~fringe~~with any directors and/or ~~welfare~~major ~~benefits~~shareholder inof ~~the~~HEYU ~~future~~Group asof ~~the~~Companies, ~~Registrant’s~~nor ~~profits~~any ~~grow~~conflict ~~and/or~~of ~~the~~interest ~~Registrant~~in ~~secures~~any ~~additional~~business ~~outside~~arrangement ~~financing~~involving orthe ~~its~~Company. ~~profits~~He ~~from~~has ~~operations~~had ~~allow~~no ~~expenditure~~convictions onfor ~~such~~any ~~items~~offenses within the past ten years.

~~Anticipated~~Effective ~~Officer~~February ~~and~~24, 2017, ~~Director~~Mr ~~Remuneration~~Guan Chuan Tan resigned as a director

~~The~~Timi Registrant pays reduced levels of compensation to its officers and director at present. The Registrant intends to pay regular, competitive annual salaries to all its officers and will pay an annual stipend to its directors when, and if, it completes a primary public offering for the sale of securities and/or the Registrant reaches greater profitability, experiences larger and more sustained positive cash flow and/or obtains additional funding. At such time, the Registrant anticipates offering additional cash and non-cash compensation to officers and directors. In addition, although not presently offered, the Registrant anticipates that its officers and directors will be provided with additional fringe benefits and perquisites at subsidizes rates, or at the sole expense of the Registrant, as may be determined on a case-by-case basis by the Registrant in its sole discretion. In addition, the Registrant may plan to offer 401(k) matching funds as a retirement benefit at a later time.Ecimovic

19 Timi Ecimovic was appointed as a Non-Executive Director of the Company in 2014. He was the Ex-Chairman of the World Thinkers’ Forum cum one of the chapter’s founding members of the World Thinkers’ Panel on the Sustainable Future of Humankind (WTP-SFH) in China. He started his career as veterinary surgeon with Agriculture Institute, Nova Gorica and Ihan between 1966 and 1969. In 1969, he worked as Adviser for development of Veterinary drugs in Krka Pharmaceutical Company. Between 1970 and 1972, he held the position of Regional Veterinary Officer in Ministry of Agriculture, Dar-es-Salaam, Tanzania. From 1972 to 1975, he worked as Regional Sales and Marketing Manager in Krka Pharmaceutical Company, Slovenia. Between 1975 and 1979, he served as Financial adviser in Ljubljanska Bank for industrial co-operation and joint venture affairs. In 1981, he served as General Manager in Danjub Chemical company at Enugu in Nigeria. From 1982 to 1986, he served as Sales Manager in EmonaIpko. He started his own company namely TJE Business Advisory Centre and served for Manager between 1987 and 1993. In 1993, he worked as independent researcher registered with Ministry of Science and Technology at Ljubljana in Slovenia. From 1995 until present, he is the Director of SEM Institute for Climate change and free-lance lecturer for the climate change system, nature, space and environment protection.

~~Item~~He 12has more than 300 professional publications including 20 books, several book chapters in the field of Environmental Sciences, Physics of the Nature, System thinking, Climate Change System, Corporate and Individual Social Responsibility, etc. ~~Security~~Also ~~Ownership~~he is the Chair of ~~Certain~~ASRIA’s CSR-CAP, ~~Beneficial~~Professor ~~Owners~~cum Program Director of Ansted University’s School of Environmental Sciences, Ex-Head of SEM Institute for Climate Change, active member of the European Academy of Sciences and ~~Management~~Arts, was an International Consultant Socio-Economic and ~~Related~~Sport ~~Stockholder~~Fishing ~~Matters~~for The Food and Agriculture Organization of the United Nations (UN FAO) in Rome, Italy. He received the public certificate The Citizen of the Earth XXI, 2012.

The following table sets forth, as of December 31, 2015, each person known by the Company to be the officer or director of the Company or a beneficial owner of five percent or more of the Company's common stock.18

				Percent of
		Number of Shares of		Class
Name	Position	Common Stock
Ban Siong Ang	CEO, and Group Managing Director		46,388,604		77	%
Tiang Lee Ng	5% Shareholder		4,272,419		7	%
Total owned by officers and directors			46,388,604		77	%

Mr. Timi Ecimovic has been nominated by many institutions in the world for the Nobel Prize in Physics. He has been serving as Chairman for the World Thinkers’ Forum, The Chancellor of the World Philosophical Forum University, and many of his activities have been broadcasted via various media channels through press, magazines, journals TV shows and radio presentations including Kaleidoscope of the United Nations Children’s Fund (UNICEF). He is author of environmental sciences and sustainable development cum sustainable future of humankind resources books as well as listed in Who’s who publications as Global Studies Encyclopedic Directory, and Encyclopedic Directory of Known Slovenians. He does not have any family relationship with any directors and/or major shareholder of HEYU Group of Companies, nor any conflict of interest in any business arrangement involving the Company. He has had no convictions for any offences in his whole life until now.

~~Item~~Mei ~~13.~~Yun ~~Certain Relationships and Related Transactions and Director Independence~~Zhong

~~Ban~~Ms. ~~Siong~~Zhong ~~Ang~~was ~~is the~~appointed ~~majority~~as ~~shareholder~~a Non-Executive Director cum Nomination Committee member of the Company ~~and~~in ~~also~~2014. ~~serves~~From 1996 to 2000, she started her career as surgical ~~its~~nurse ~~Chief~~in ~~Executive~~Fuzhou ~~Director~~General ~~and~~Hospital ~~interim~~of ~~Chief~~Nanjing ~~Financial~~Military ~~Offier~~Region in China. ~~Hung~~Subsequently, ~~Seng~~she worked as Regional Agent for China ~~Tan~~Life isInsurance ~~the~~between ~~brother-~~2000 and 2002. From 2003 to present, she working as healthcare Regional Sales agent and Manager in~~-law~~ ofNew ~~Ban~~Era GuoZengInc ~~Siong~~in ~~Ang~~China.

AsIn ~~the~~2013, ~~organizers~~she ~~and~~received ~~developers~~her ofBachelor ~~Cloud~~Degree ~~Run~~of ~~Acquisition~~Business ~~Corporation~~Administration ~~the~~from ~~predecessor~~Ansted ~~name~~University. toIn ~~the~~view ~~Company,~~of ~~James~~her ~~Cassidy~~strong ~~and~~interest ~~James~~in ~~McKillop~~doing ~~may~~business bewith ~~considered~~good ~~promoters.~~leadership ~~Mr.~~skill, ~~Cassidy~~she ~~provided~~was ~~services~~appointed toNon-Executive ~~the~~Director ~~Company~~in ~~without~~2014. ~~charge~~She ~~consisting~~does ofnot ~~preparing~~have ~~and~~any ~~filing~~family ~~the~~relationship ~~charter~~with ~~corporate documents~~any directors and/or ~~preparing~~major ~~its~~shareholder ~~registration statement~~ of ~~Form~~HEYU ~~10.~~Group ~~Tiber~~of ~~Creek Corporation~~Companies, anor ~~company~~any conflict of ~~which~~interest ~~Mr.~~in ~~Cassidy~~any isbusiness ~~the~~arrangement ~~sole director,~~involving ~~officer and shareholder, paid all expenses incurred by~~ the Company. She ~~until~~has ~~January~~had ~~24,~~no ~~2014~~convictions ~~the~~for ~~date~~any ofoffences within the ~~change~~past inten ~~control, without repayment~~years.

~~Item~~Stephan ~~14.~~Truly ~~Principal Accounting Fees and Services.~~Busch

~~The~~Stephan Truly Busch was appointed as a Non-Executive Director cum Nomination Committee member of the Company ~~has~~in ~~no activities,~~2014. noHe ~~income~~has ~~and~~been noin ~~expenses~~the ~~except~~teaching profession for ~~independent~~over ~~audit~~40 ~~and~~years ~~incorporation~~at ~~and~~different ~~Delaware~~German ~~state~~schools ~~fees~~in Germany. ~~The~~He ~~Company's~~is ~~current and~~a ~~former~~well-known ~~president~~English ~~donated~~teacher ~~their~~in ~~time~~Germany, also fluent in ~~preparation~~German, Bosnian, Croatian and ~~filing~~Serbian oflanguages. ~~all~~He ~~state~~started his career as translator/ interpreter with Energeoinvest Sarajevo between 1970 and ~~federal~~1973. ~~required~~From ~~taxes~~1973 to present, he is working as the teacher of English and ~~reports~~German at Wolfenbuettel School in Germany. He also served as Evaluation consultant for Europe in California University FCE from 2011 until now.

~~Audit~~He ~~Fees~~completed his Doctor of Education at Ansted University and serves as an Evaluation expert for European credentials. He has also managed several soccer teams throughout Germany. He does not have any family relationship with any directors and/or major shareholder of HEYU Group of Companies, nor any conflict of interest in any business arrangement involving the Company. He has had no convictions for any offences within the past ten years.

~~The~~Kwee ~~aggregate~~Huwa fees incurred for each of the last two years for professional services rendered by the independent registered public accounting firm for the audits of the Company's annual financial statements and review of financial statements included in the Company's Form 10-K and Form 10-Q reports and services normally provided in connection with statutory and regulatory filings or engagements were as follows:Tan

		December 31, 2014				December 31, 2015
Audit-Related Fees		$	25,000			$	65,000

Kwee Huwa Tan was appointed as a Non-Executive Director cum Nomination Committee member of the Company in 2014. In 2014, she received her Bachelor of Business Administration from Ansted University. She does have 25 years of experience in beauty care business. Presently she is the Principal Consultant for HEYU Healthcare division in the aspect of beauty and cosmetology.

~~Tax~~In 2000, she established ~~Fees~~Slynn International Beauty Group and working as Director until now, which is integrating scientific research, marketing, training and professional beauty in business territories covering mainland China, Southeast Asia, Europe, America and China Taiwan region. She has been enthusiastic about public welfare, involving social welfare activities and contribution diligently.

~~The~~She does not have any family relationship with any directors and/or major shareholder of HEYU Group of Companies, nor any conflict of interest in any business arrangement involving the Company. ~~incurred~~She $0has had no convictions for ~~tax~~any ~~related~~offences ~~services~~within the past ten years.

~~All~~On March 1, 2017, the ~~Other~~Board ~~Fees~~of Directors, upon the recommendation of its Nominating Committee, appointed Ms. Kwee Huwa Tan to serve on the Board as an executive director. Ms. Tan will also serve on the Nominating Committee and Compensation Committee of the Board. Ms. Tan has been a non-executive director for the company from 2013 to 2016.

~~The Company incurred $0 for other fees by the principal accountant for the years ended December 31, 2015 and 2014.~~19

~~The Company~~Shanmuga ~~does not currently have an audit committee serving and as a result its board of directors performs the duties of an audit committee. The board of directors will evaluate and approve in advance~~Ratnam, ~~the scope and cost of the engagement of an auditor before the auditor renders audit and non-audit services. The Company does not rely on pre-approval policies and procedures.~~

~~PART~~Shanmuga IVRatnam was appointed as an Independent Non-Executive Director cum the Finance, Audit, Remuneration and Risk Management Board Committee member of HEYU LEISURE HOLIDAYS CORPORATION in 2014. He is retired since 2009 and was formerly a banker who served as head of department in the FOREX exchange for 25 years in a financial institution in Malaysia.

~~Item~~A ~~15.~~well-known ~~Exhibits~~personality in his chosen profession, ~~Financial~~Mr. ~~Statement~~Ratnam ~~Schedules~~is Ansted University Doctorate Alumni cum Honorary Advisory Council member in Malaysia. Also he obtained few Professional Institution Fellowship recognitions from the United Kingdom and travels extensively to various countries to serve as an invited speaker.

20 He does not have any family relationship with any directors and/or major shareholder of HEYU Group of Companies, nor any conflict of interest in any business arrangement involving the Company. He has had no convictions for any offences within the past ten years.

~~HEYU~~M. ~~LEISURE~~Shahid ~~HOLIDAYS CORPORATION~~Siddiqi

~~CONSOLIDATED~~M. ~~FINANCIAL~~Shahid ~~STATEMENTS~~Siddiqi was appointed as an Independent Non-Executive Director of the Company in 2014. He is one of the founding members of the World Thinkers’ Panel on the Sustainable Future of Humankind (WTP-SFH). He is a Notary Public in the State of California, United States, since 2009. He has been a Board of Advisor cum Professor in Business & Accounting for Ansted University University since March 1999. He is a retired Tax Consultant in the United States and Canada since November 2007. Besides that, he also served as president/CEO, Avon Income Tax Services since October 1990. In 1980, he was Deputy Governor for American Biographical Institute Research Association.

~~December~~He ~~31,~~does ~~2015~~not have any family relationship with any directors and/or ~~2014~~major shareholder of HEYU Group of Companies, nor any conflict of interest in any business arrangement involving the Company. He has had no convictions for any offences within the past ten years.

~~INDEX~~Hakikur ~~TO FINANCIAL STATEMENTS~~Rahman

Report of Independent Registered Public Accounting Firm	22
Consolidated Balance sheets as of December 31, 2015 and 2014	23
Consolidated Statements of Operations for the Years Ended December 31, 2015and 2014	24
Consolidated Statement of Changes in Stockholders’ Equity (Deficit) for the Years Ended December 31, 2015 and 2014	25
Consolidated Statements of Cash Flows for the Years Ended December 31, 2015 and 2014	26
Notes to Consolidated Financial Statements	27-41

Md. HakikurRahman was appointed as an Independent Non-Executive Director of the Company in 2014. He is specialized in the field of Computer Engineering. He is Ansted University Doctorate alumni cum Honorary Advisory Council member. Also he is a trained and qualified Electrical & Electronics Engineer and has been serving as faculty members for various Universities in Portugal and Bangladesh. He is the Chief Editor of the Advances in Knowledge Communities and Social Networks (AKCSN) Book series and International Journal of Information and Communication technology for Human Development (IJICTHD);

21 He started his career as National Project Coordinator with Sustainable Development Networking Foundation (UNDP) in Bangladesh in December 1999, subsequently being promoted to executive Director in January 2007. Between November 2008 and November 2013, he served as Post-Doctoral Researcher in the University of Minho, Portugal to conduct research in the field of knowledge management and organizational learning. From April 2014 to the present, he is working as Director (Academic Services) in the Institute of Computer Management Science, responsible for the preparation of course materials and manuals for personnel from Government and Non-Government organization. He has contributed over 45 book chapters, authored/edited about 20 books and published more than 100 articles/papers on ICT for Development (e.g. knowledge management, e-governance, e-learning, data mining applications and Internet governance).

~~REPORT~~He OFdoes ~~INDEPENDENT~~not ~~REGISTERED~~have ~~PUBLIC~~any ~~ACCOUNTING~~family ~~FIRM~~relationship with any directors and/or major shareholder of HEYU Group of Companies, nor any conflict of interest in any business arrangement involving the Company. He has had no convictions for any offences within the past ten years.

ToLay ~~the~~Hoon ~~Board of Directors and Stockholders~~Ong

~~Heyu~~Ms. ~~Leisure~~Lay ~~Holidays~~Hoon ~~Corporation~~Ong, was appointed as an Independent Non-Executive Director of the Company in 2014. She has 20 years of experience in directing business administrative and accounting aspects in the field of Education Institution, Publication, Insurance, Business Consultancy, Manufacturing ~~its~~and ~~subsidiaries~~Industrial Services. Although this kind of task is considered extremely challenging but she never stopped learning the new approaches and improve herself along the journey as a dedicated Administrative Management Director. In view of her international voluntary contributions for many successful conference event projects, she was awarded an Honorary Doctorate degree BALKAN Academy of Science, Technology and Management in Sofia, Bulgaria in 2005. In addition, she also sits on the Directors of several private limited companies in Malaysia.

WeShe ~~have~~started ~~audited~~her ~~the~~career ~~balance~~as ~~sheets~~an ofInsurance ~~Heyu~~Financial ~~Leisure~~Planner ~~Holidays~~with ~~Corporation~~SimeAxa Assurance Berhad between December 1993 and ~~its~~July ~~subsidiaries~~1999. ~~(the~~Between ~~“Group”)~~September as1999 ofand ~~December~~August 312003, ~~2015~~she was the Deputy Director for Ansted Asia Regional Service Center to overseeing and ~~2014,~~managing international projects in Asia and the ~~related~~United ~~consolidated~~Kingdom. ~~statements~~Between ofSeptember ~~operations,~~2003 ~~changes~~and inAugust ~~stockholders'~~2010, ~~equity~~she ~~and~~served ~~consolidated~~as ~~cash~~Director ~~flows~~cum Shareholder for ~~the~~Best ~~years~~Team ~~then~~Industrial ~~ended~~Services. ~~These~~From ~~consolidated~~September ~~financial~~2010 ~~statements~~to ~~are~~ the ~~responsibility~~present, ofshe ~~the~~serves ~~Group's~~as ~~management.~~Director ~~Our~~cum ~~responsibility~~Shareholder isfor toBest ~~express~~Team anManufacturing ~~opinion~~and Trading Sdn. Bhd to overseeing onand ~~these~~directing ~~consolidated~~Administrative ~~financial~~and ~~statements~~Account ~~based~~Department onof ~~our~~Best ~~audits~~Team Group of Companies.

We conducted our audits in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audits to obtain reasonable assurance about whether the consolidated financial statements are free of material misstatement. The Group is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. Our audits includes examining, on a test basis, evidence supporting the amounts and disclosures in the consolidated financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall consolidated financial statement presentation. We believe that our audits provide a reasonable basis for our opinion.20

InShe ~~our~~has ~~opinion,~~no ~~the consolidated financial~~conflict ~~statements~~of ~~referred~~interest ~~to above present fairly,~~ in ~~all~~any ~~material~~business ~~respects,~~arrangement ~~the~~involving ~~financial position of~~ the ~~Group~~Company. asShe ofhas ~~December~~had ~~31,~~no ~~2015 and~~convictions ~~2014 and the groups’ result of its operations and its consolidated cash flows~~ for ~~the~~any ~~years~~offences ~~then~~within ~~ended, in conformity with accounting principles generally accepted in~~ the ~~United~~past ~~States~~ten years.

~~The~~Director consolidated financial statements have been prepared assuming that the Group will continue as a going concern. As shown in the consolidated financial statements, the Group has incurred an accumulated deficit of $6,039,956 and $5,012,024 for the years ended December 31, 2015 and 2014, respectively. This raises substantial doubt about the Group’s ability to continue as a going concern. Management’s plans in regard to this matter are described in Note 8. The consolidated financial statements do not include any adjustments that might result from the outcome of this uncertainty.Independence

/Pursuant to Rule 4200 of The NASDAQ Stock Market one of the definitions of an independent director is a person other than an executive officer or employee of a company. The Company's~~/Anton~~ &board ~~Chia~~of directors has reviewed the materiality of any relationship that each of the directors has with the Company, ~~LLP~~either directly or indirectly. Based on this review, the board currently has five independent directors.

~~August~~Committees ~~03,~~and ~~2016~~Terms

~~Newport~~The ~~Beach~~Board of Directors (the “Board”) has established two committees, CAwhich are the Finance, Audit and Risk Management committee and nominations committee. The Company has adopted a charter for each of the board committees. Each committee’s members and functions are described below.

22 Finance, Audit and Risk Management Committee

~~HEYU~~Our ~~LEISURE~~audit ~~HOLIDAYS~~committee ~~CORPORATION~~ consists of four directors, namely Mr. Shanmuga Ratnam, Mr Boon Hong Haw, Mr Ban Siong Ang and Mr Hung Seng Tan. Our board of directors has determined that Mr. Shanmuga Ratnam is qualified as an audit committee financial expert within the meaning of the SEC regulations. The audit committee oversees our accounting and financial reporting processes and the audits of the financial statements of our company. The audit committee is responsible for, among other things:

~~Consolidated~~● ~~Balance~~selecting ~~Sheets~~the independent auditors and pre-approving all auditing and non-auditing services permitted to be performed by the independent auditors;

	December 31,			December 31,
	2015			2014
ASSETS
Current assets
Cash	$	2,762		$	61,654
Account receivable, net		9,388			2,790
Prepayment		801			46,611
Inventory		1,429			1,841
Amount due from related parties		194,322			123,812
Total current assets		208,702			236,708
Other assets
Deposit, non-current		21,138			23,951
Prepayment		669			1,967
Property and leasehold improvements, net		277,776			427,119
Intangible asset		5,210			6,353
Total non-current assets		304,793			459,390
Total assets		513,495			696,098
LIABILITIES AND STOCKHOLDERS' (DEFICIT)/ EQUITY
Current liabilities
Account payable		13,297			47,107
Amount due to related parties		1,192,387			515,980
Other payables and accruals		186,757			-
Tax payable		38,505			29,627
Total liabilities		1,430,946			592,714
Stockholders' equity (deficit)
Preferred stock, $0.0001 par value, 20,000,000 shares authorized; none issued and outstanding
Common stock, $0.0001 par value, 100,000,000 shares authorized; 60,001,000 and 60,000,000 shares issued and outstanding as of December 31,2015 and December 31, 2014, respectively.		6,000			6,000
Additional paid-in capital		5,098,747			5,098,747
Accumulated deficit		(6,039,956	)		(5,012,024	)
Accumulated other comprehensive income		17,758			10,661
Total stockholders' (deficit)/ equity		(917,451	)		103,384
Total liabilities and stockholders' (deficit)/ equity	$	513,495		$	696,098

●

setting clear hiring policies for employees or former employees of the independent auditors;

~~The~~● ~~accompanying~~reviewing ~~notes~~with ~~are~~the anindependent ~~integral part~~auditors ofany ~~these~~audit ~~consolidated~~problems ~~financial~~or ~~statements~~difficulties and management’s response;

23 ● reviewing and approving all proposed related-party transactions;

~~HEYU~~● ~~LEISURE~~discussing ~~HOLIDAYS~~the ~~CORPORATION~~annual audited financial statements with management and the independent auditors;

~~Consolidated~~● ~~Statements~~discussing ofwith ~~Operations~~management and the independent auditors major issues regarding accounting principles and financial statement presentations;

	For the year ended
	December 31, 2015			December 31, 2014
Revenue	$	329,514		$	306,882
Cost of revenue		486,296			424,501
Gross Loss		(156,782	)		(117,619	)
Operating costs and expenses:
Selling expenses		9,374			22,864
General & Administrative expenses		860,648			2,940,557
Finance expenses		1,128			2,659
Loss before income taxes		(1,027,932	)		(3,083,699	)
Income tax
Net loss		(1,027,932	)		(3,083,699	)
Other comprehensive income
Foreign currency translation adjustments		7,097			9,367
Comprehensive income	$	(1,020,835	)	$	(3,074,332	)
Loss per share-basic and diluted	$	(0.2	)	$	(0.12	)
Weighted average shares-basic and diluted		60,000,890			25,167,123

●

reviewing reports prepared by management or the independent auditors relating to significant financial reporting issues and judgments;

~~The~~● ~~accompanying~~reviewing ~~notes~~with ~~are~~management anand ~~integral part~~the ofindependent ~~these~~auditors ~~consolidated~~related-party ~~financial~~transactions ~~statements~~and off-balance sheet transactions and structures;

24 ● reviewing with management and the independent auditors the effect of regulatory and accounting initiatives and actions;

~~HEYU~~● ~~LEISURE~~reviewing ~~HOLIDAYS~~policies with respect to risk assessment and risk management;

~~CORPORATION~~● reviewing our disclosure controls and procedures and internal control over financial reporting;

~~CONSOLIDATED~~● ~~STATEMENTS~~timely OFreviewing ~~CHANGES~~reports INfrom ~~STOCKHOLDERS’ EQUITY/~~the ~~(DEFICIT)~~ independent auditors regarding all critical accounting policies and practices to be used by our company, all alternative treatments of financial information within GAAP that have been discussed with management and all other material written communications between the independent auditors and management;

													Accumulated
							Additional						Other		Total
	Common Stock						Paid-In			Accumulated			Comprehensive		Stockholders'
	Shares			Amount			Capital			Deficit			Income		Equity/(Deficit)
Balance December 31, 2013		20,000,000		$	2,000		$	2,338,299		$	(1,928,326	)	$	1,295	$	413,268
Net Loss		-			-			-			(3,083,698	)		-		(3,083,698	)
Redemption of common stock		(20,000,000	)		(2,000	)		-			-			-		(2,000	)
Issuance of common stock		60,000,000			6,000			-			-			-		6,000
Shareholder contribution		-			-			2,760,448			-			-		2,760,448
Foreign exchange gain/loss		-			-			-			-			9,366		9,366
Balance, December 31, 2014		60,000,000		$	6,000		$	5,098,747		$	(5,012,024	)	$	10,661	$	103,384
Net Loss		-			-			-		$	(1,027,932	)	$	-	$	(1,027,932	)
Shareholder contribution		-			-			-			-			-	$	-
Capital transaction-under common control		1,000			0.1			(0.1	)		-			-		-
Foreign exchange gain/loss		-			-			-			7,097			7,097
Balance, December 31, 2015		60,001,000		$	6,000		$	5,098,747		$	(6,039,956	)		17,758	$	(917,451	)

●

establishing procedures for the receipt, retention and treatment of complaints received from our employees regarding accounting, internal accounting controls or auditing matters and the confidential, anonymous submission by our employees of concerns regarding questionable accounting or auditing matters;

~~The~~● ~~accompanying~~annually ~~notes~~reviewing ~~are~~and anreassessing ~~integral~~the ~~part~~adequacy of ~~these~~our ~~consolidated financial~~audit ~~statements~~committee charter;

25 ● such other matters that are specifically delegated to our audit committee by our board of directors from time to time; and

~~HEYU~~● ~~LEISURE~~meeting ~~HOLIDAYS~~separately, ~~CORPORATION~~periodically, with management, the internal auditors and the independent auditors.

~~Consolidated Statements of Cash Flows~~21

	For the twelve months ended December 31, 2015			For the twelve months ended December 31, 2014
Operating activities
Net loss	$	(1,027,932)		$	(3,083,698)
Adjustment to reconcile net loss to net cash (used in) operating activities:
Depreciation and amortization		138,568			71,550
Impairment of goodwill					264,477
Changes in operating assets and liabilities:
Account receivable		(7,043)			3,323
Inventory		328			1,962
Prepaid expense and prepaid rent		46,484			17,173
Deposit		1,608			(172)
Account payable		(27,933)			40,191
Other payables		95,427			6,929
Net cash (used in) operating activities		(780,493	)		(2,678,265	)
Investing activities:
Purchase of leasehold improvement		1,673			(1,692)
Purchase of property and equipment		(7,175)			(49,265)
Amount due from a related party		(96,863)			(76,315)
Purchase of Wujiaer hotel, net of cash acquired					(598,545)
Net cash (used in) investing activities		(102,365)			(725,817)
Financing activities
Amount due to a related party		820,680			237,273
Proceeds from issuance of common stock					100
Redemption of common stock					(2,000)
Shareholder contribution					2,767,664
Net cash flows provided by financing activities		820,680			3,003,037
Effect of exchange rate changes on cash and cash equivalent		3,286			7,976
Net decrease in cash		(58,892)			(393,069)
Cash at the beginning of the year		61,654			454,723
Cash at the end of the year	$	2,762		$	61,654

Nomination Committee

~~The~~Our Nomination ~~accompanying~~committee ~~notes~~consists ~~are~~of anMs. ~~integral part~~Kwee ofHuwa ~~these~~Tan, ~~consolidated~~Mr. ~~financial~~Truly ~~statements~~ Bush and Ms. Mei Yun Zhong. The nomination committee is responsible for, among other things:

26 ● Making recommendations as to the size, composition, structure, operations, performance and effectiveness of the Board;

~~HEYU~~● ~~LEISURE~~Overseeing ~~HOLIDAYS~~the ~~CORPORATION~~Company’s chief executive officer (“CEO”) succession planning process

~~Notes~~● toConducting ~~Consolidated~~an ~~Financial~~annual ~~Statements~~review of the Company’s CEO and non-independent chairman, if any;

● ~~NOTE~~Developing 1and ~~NATURE~~recommending OFto ~~OPERATIONS~~the ~~AND~~Board ~~SUMMARY~~a OFset ~~SIGNIFICANT~~of ~~ACCOUNTING~~corporate ~~POLICIES~~governance principles, including independence standards; and taking a leadership role in shaping the corporate governance of the Company.

~~NATURE~~Legal ~~OF OPERATIONS~~Proceedings

~~Heyu~~There ~~Leisure~~are ~~Holidays~~no ~~Corporation ("Heyu~~legal ~~Leisure"~~proceedings orregarding "the ~~Group") was incorporated on July 9, 2013 under the laws of the state of Delaware to engage in any lawful corporate undertaking, including, but not limited to, selected mergers and acquisitions. The~~ Company ~~will attempt to locate and negotiate with a business entity for the combination of that target company with Heyu Leisure Holidays Corporation~~. The combination will normally take the form of a merger, stock-for-stock exchange or stock-for-assets exchange. In most instances the target company will wish to structure the business combination to be within the definition of a tax-free reorganization under Section 351 or Section 368 of the Internal Revenue Code of 1986, as amended. The Company has been formed to provide a method for a foreign or domestic private company to become a reporting company with a class of securities registered under the Securities Exchange Act of 1934.

OnCode ~~February 9, 2015, Heyu Leisure Holiday Corp. (“Heyu Leisure” or the “Group” or the “Registrant” ) merged with Heyu Capital Ltd (“Heyu Capital”), a corporation existing under the laws~~ of Hong Kong (Special Administrative Region of the PRC). Pursuant to the merger, the Registrant acquired all of the outstanding common shares of Heyu Capital through the issuance of common shares of the Registrant to the shareholders of Heyu Capital.Ethics

AsOur aBoard ~~result~~ of ~~the Merger and pursuant~~Directors ~~to the Resolution, Heyu Capital~~ has ~~become~~not adopted a ~~wholly-owned~~code ~~subsidiary~~ of ~~the~~ethics. ~~Registrant~~We ~~and~~anticipate ~~the~~that ~~Registrant~~we ~~issued~~will ~~shares~~adopt ofa ~~its common~~code ~~stock to shareholders~~ of ~~Heyu~~ethics ~~Capital~~when atwe aincrease ~~rate~~either ofthe ~~1,000~~number ~~shares~~ of ~~the~~our ~~Registrant’s common stock for all Heyu Capital~~Directors ~~common~~or ~~share. Immediately prior to~~ the ~~Merger,~~number ~~the Registrant had 60,000,000 shares~~ of ~~common~~our ~~stock outstanding~~employees.

~~Following~~Family ~~the Merger, the Registrant has 60,001,000 shares of common stock outstanding after the share exchange and the issuance of 1,000 common shares to the shareholder of Heyu Capital.~~Relationships

27 There are no family relationships between any director, executive officer, or person nominated or chosen by the Company to become a director or executive officer.

~~HEYU~~ITEM ~~LEISURE~~11. ~~HOLIDAYS~~EXECUTIVE ~~CORPORATION~~COMPENSATION

~~Notes~~Executive ~~to Consolidated Financial Statements~~Compensation

The ~~transaction has~~following ~~been~~table ~~accounted~~sets ~~for~~forth asall ~~a business combination under a method similar to the pooling-of-interest method ("Pooling-of-Interest")~~compensation aspaid ~~the Registrant and Heyu Capital are both under common control with~~ by ~~our majority shareholder. In accordance with Accounting Standards Codification (“ASC”) 805-50-25, it indicated that~~ the ~~financial~~Company ~~statements of the receiving entity shall report results of operations~~ for the ~~period~~fiscal inyears ~~which the transfer occurs as though the transfer~~ of ~~net assets~~2015 or exchange of equity interests had occurred at the beginning of the period. Results of operations for that period will thus comprise those of the previously separate entities combined from the beginning of the period to the date the transfer is completed and ~~those of the combined operations from that date to the end of the period~~2016. Further in 805-50-45-5, indicated that the financial statements and financial information presented for prior years also shall be retrospectively adjusted to furnish comparative information. All adjusted financial statements and financial summaries shall indicate clearly that financial data of previously separate entities are combined.

~~The~~Summary ~~operating~~Executive ~~entity-~~Compensation Wujiaer Hotel Co., Ltd (“Wujiaer”) has been acquired via Xiamen Heyu Hotel Management Co (“Xiamen Heyu”) on January 25, 2014. As a result of the acquisition, Xiamen Heyu has become its immediate holding company, Heyu Capital becomes its intermediate holding company and the Registrant has become an ultimate holding company of Wujiaer.Table:

In accordance with Accounting Standards Codification (“ASC”) 805, Business Combinations, We evaluate each investment in a business to determine if we should account for the investment as a cost-basis investment, an equity investment, a business combination or a common control transaction. An investment in which we do not have a controlling interest and which we are not the primary beneficiary but where we have the ability to exert significant influence is accounted for under the equity method of accounting. For those investments that we account for in accordance ASC 805, Business Combinations, we record the assets acquired and liabilities assumed at our estimate of their fair values on the date of the business combination. Our assessment of the estimated fair value of each of these can have a material effect on our reported results as intangible assets are amortized over various lives. Furthermore, a change in the estimated fair value of an asset or liability often has a direct impact on the amount to recognize as goodwill, which is not amortized. Often determining the fair value of these assets and liabilities assumed requires an assessment of the expected use of the asset, the expected cost to extinguish a liability or our expectations related to the timing and the successful completion of the integration of the business. Such estimates are inherently difficult and subjective and can have a material impact on our financial statements.

							Aggregate
			Annual		Annual		Accrued								All		Annual
			Earned		Payments		Salary Since				Stock and		Compensation		Other		Compensation
Name/Position	Year		Salary		Made		Inception		Bonus		Options		Plans		Compensation		Total

Boon Hong Haw,		2015	$	0	$	0	$	0	$	0		-		-		-	$	0
Chairman		2016	$	0	$	0	$	0	$	0		-		-		-	$	0

Ban SiongAng,CEO and		2015	$	180,000	$	0	$	180,000	$	0		-		-		-	$	180,000
Group Managing Director		2016	$	36,000	$	0	$	36,000	$	0		-		-		-	$	36,000

Hung Seng Tan,		2015	$	72,000	$	0	$	72,000	$	0		-		-		-	$	72,000
Executive Director		2016	$	36,000	$	0	$	36,000	$	0		-		-		-	$	36,000

Guan Chuan Tan,		2015	$	0	$	0	$	0	$	0		-		-		-	$	0
Director		2016	$	0	$	0	$	0	$	0		-		-		-	$	0

Kean Tat Che,		2015	$	72,000	$	0	$	72,000	$	0		-		-		-	$	72,000
Former Chief Financial Officer Resigned on November 13, 2015

~~ORGANIZATIONAL STRUCTURE~~22

The ~~following~~table ~~diagram~~above ~~illustrates~~does not ~~our~~include ~~corporate~~ prerequisites and ~~ownership~~other ~~structure,~~personal ~~the~~benefits ~~place~~in amounts less than 10% of ~~formation~~the total annual salary and other compensation. There have been no changes in the ~~ownership~~Company’s ~~interests~~compensation ofpolicy ~~our subsidiaries as~~since ~~of December~~the ~~31, 2015~~end ~~after~~of the ~~acquisition~~Company’s last fiscal year, December 31, 2016.

28 The Board of Directors may allocate salaries and benefits to the officers in its sole discretion. No officer is subject to a compensation plan or arrangement that results from his or her resignation, retirement, or any other termination of employment with the Company or from a change in control of the Company or a change in his or her responsibilities following a change in control. The members of the Board of Directors may receive, if the Board so decides, a fixed fee and reimbursement of expenses, for attendance at each regular or special meeting of the Board, although no such program has been adopted to date. The Company currently has no retirement, pension, or profit-sharing plan covering its officers and directors; however, the Company plans to implement certain such benefits after sufficient funds are realized or raised by the Company (see “Anticipated Officer and Director Remuneration” below.)

~~HEYU~~Narrative ~~LEISURE~~Disclosure to ~~HOLIDAYS~~Summary ~~CORPORATION~~Compensation Table

~~Notes~~There are no current employment agreements between the Company and its executive officers. The compensation discussed herein addresses all compensation awarded to, ~~Consolidated~~earned ~~Financial~~by, ~~Statements~~or paid to our named executive officers. There are no other stock option plans, retirement, pension, or profit sharing plans for the benefit of our officers and directors other than as described herein.

~~BASIS~~Outstanding Equity OFAwards ~~CONSOLIDATION~~at Fiscal Year-End

~~The consolidated financial statements include~~There ~~the~~are ~~financial~~no ~~statements~~current ofoutstanding ~~our~~equity ~~company~~awards ~~and~~to ~~its subsidiaries. All significant transactions and balances between~~ our ~~company~~executive ~~and its~~officers ~~subsidiaries~~as ~~have~~of ~~been~~December ~~eliminated~~31, ~~upon consolidation~~2016.

AEmployment subsidiary is an entity in which our company, directly or indirectly, controls more than one half of the voting power, has the power to appoint or remove the majority of the members of the board of directors, and has the power to cast a majority of votes at meetings of the board of directors or to govern the financial and operating policies of the investee under a statute or agreement among the shareholders or equity holders.Agreements

~~ASC~~The ~~810~~Company ~~“Consolidation”,~~enters ~~which~~into ~~provides guidance on the identification of~~ and ~~financial~~maintains ~~reporting~~customary ~~for~~employment ~~entities~~agreements ~~over~~with ~~which~~each ~~control~~of isits ~~achieved~~officers ~~through~~and ~~means other than voting interests, requires certain variable interest entities to be consolidated by the primary beneficiary of the entity~~employees.

The ~~Group~~employees ~~evaluate our business relationships~~receive ~~such~~health asinsurance ~~those with franchisees to identify potential variable interest entities~~benefits. ~~Generally,~~The ~~these~~Company ~~businesses~~provides ~~qualify for~~ the ~~business scope~~health ~~exception~~insurance ~~under~~coverage ~~the~~to ~~consolidation~~all ~~guidance.~~Company ~~Therefore,~~staff weafter ~~have~~a ~~concluded~~probation ~~that consolidation of any such entities is not appropriate for the periods~~period.

~~BUSINESS~~The ~~COMBINATIONS~~Company also offers an Employee Provident Fund as a provision of retirement funds. All Company staff are entitled to participate in this fund after a probation period. The contribution of the Employee Provident Fund is from Employer and Employee. The Company will match up to five percent of the Employee’s salary towards a contribution.

~~U.S.~~The ~~GAAP~~Company ~~requires~~also ~~that business combinations~~provides bea ~~accounted~~food ~~for under the acquisition purchase method~~allowance. ~~From~~The ~~January 1, 2009,~~food ~~the~~allowance ~~Group adopted ASC 805 “Business Combinations”. Following this adoption, the cost of an acquisition~~ is ~~measured~~provided ~~as the aggregate of the fair values at the date of exchange of the assets given, liabilities incurred, and equity instruments issued. The costs directly attributable~~ to the ~~acquisition~~ ~~are~~hotel ~~expensed~~staff ~~as incurred. Identifiable assets~~only, ~~liabilities and contingent liabilities acquired or assumed are measured separately at their fair value as~~ of ~~the~~up ~~acquisition~~to ~~date,~~RMB ~~irrespective of the extent of any non-controlling interests~~10.00 ~~The~~per ~~excess of~~working (i) the total of cost of acquisition, the fair value of the non-controlling interests and the acquisition date fair value of any previously held equity interest in the acquired over (ii) the fair value of the identifiable net assets of the acquired is recorded as goodwillshift. ~~If the cost of acquisition is less than the fair value of the net assets of the entity acquired, the difference is recognized directly in the statements of operations.~~

29 The Company may offer additional fringe and welfare benefits in the future as the Company’s profits grow and/or the Company secures additional outside financing or its profits from operations allow expenditure on such items.

~~HEYU~~Anticipated ~~LEISURE~~Officer ~~HOLIDAYS~~and ~~CORPORATION~~Director Remuneration

~~Notes~~The Company pays reduced levels of compensation to ~~Consolidated~~its ~~Financial~~officers ~~Statements~~and director at present. The Company intends to pay regular, competitive annual salaries to all its officers and will pay an annual stipend to its directors when, and if, it completes a primary public offering for the sale of securities and/or the Company reaches greater profitability, experiences larger and more sustained positive cash flow and/or obtains additional funding. At such time, the Company anticipates offering additional cash and non-cash compensation to officers and directors. In addition, although not presently offered, the Company anticipates that its officers and directors will be provided with additional fringe benefits and perquisites at subsidizes rates, or at the sole expense of the Company, as may be determined on a case-by-case basis by the Company in its sole discretion. In addition, the Company may plan to offer 401(k) matching funds as a retirement benefit at a later time.

~~The~~Code ~~determination and allocation~~ of fair values to the identifiable assets acquired and liabilities assumed are based on various assumptions and valuation methodologies requiring considerable management judgment. The most significant variables in these valuations are discount rates, terminal values, the number of years on which to base the cash flow projections and the assumptions and estimates used to determine the cash inflows and outflows. Management determines discount rates to be used based on the risk inherent in the related activity’s current business model and industry comparisons. Terminal values are based on the expected life of assets and forecasted life cycle and forecasted cash flows over that period. Although the Group believe that the assumptions applied in the determinations that the Group have made are reasonable based on information available at the date of acquisition, actual results may differ from the forecasted amounts and the difference could be material.Ethics

~~USE~~Our OFBoard ~~ESTIMATES~~of Directors has not adopted a code of ethics. We anticipate that we will adopt a code of ethics when we increase either the number of our Directors or the number of our employees.

The preparation of unaudited consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from those estimates.23

~~REVENUE~~Section ~~RECOGNITION~~16(a) Beneficial Ownership Reporting Compliance

~~Revenue~~Section ~~from~~16(a) ~~leased~~of ~~hotel~~the Exchange isAct ~~derived~~may ~~from hotel~~require ~~operations~~our executive officers and Directors, ~~mainly~~and ~~including~~persons ~~the~~who ~~rental~~own more than ten percent of ~~rooms,~~our ~~food~~common stock to file reports of ownership and ~~beverages~~change ~~sales~~in ~~from~~ownership ~~leased~~with ~~hotels.~~the ~~Revenue~~Securities isand ~~recognized~~Exchange ~~when~~Commission and the exchange on which the common ~~rooms~~stock ~~are~~is ~~occupied~~listed ~~and~~for ~~food~~trading. Executive officers, Directors and ~~beverage~~more than ten percent (10%) stockholders are ~~sold~~required by regulations promulgated under the Exchange Act to furnish us with copies of all Section 16(a) reports filed. ~~Persuasive~~Based ~~evidence~~solely on our review of copies anof ~~arrangement~~the Section 16(a) reports filed for the fiscal years ended December 31, ~~fixed~~2016, ~~price~~we believe that our executive officers, Directors and ~~service~~ten ~~delivered~~percent ~~and collection~~(10%) ~~reasonably~~stockholders ~~assured~~complied with all reporting requirements applicable to them.

~~ACCOUNT~~ITEM ~~RECEIVABLE,~~12. ~~NET~~SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS.

~~Accounts~~The ~~receivables~~following ~~mainly~~table ~~consist~~sets offorth information ~~amounts~~as ~~due~~of ~~from~~the ~~corporate~~date ~~customers,~~of ~~travel~~this ~~agents,~~prospectus ~~hotel~~regarding ~~guests~~the ~~and~~beneficial ~~credit~~ownership ~~card~~of ~~receivables,~~the ~~which~~Company’s ~~are~~common ~~recognized~~stock ~~and~~by ~~carried at~~each ~~the~~of ~~original~~its ~~invoice~~executive officers ~~amount~~and ~~less~~directors, anindividually ~~allowance~~and ~~for~~as ~~doubtful~~a ~~accounts.~~group ~~The~~and ~~Group~~by ~~establishes~~each anperson ~~allowance~~who ~~for~~beneficially ~~doubtful~~owns ~~accounts primarily~~in ~~based~~excess onof ~~the~~five ~~age~~percent of the ~~receivables~~common stock ~~and~~after ~~factors~~giving ~~surrounding~~effect ~~the~~to ~~credit~~any ~~risk~~exercise of ~~specific~~warrants ~~customers~~or options held by that person.

~~INVENTORIES~~Security Ownership of Officers, Directors and Certain Beneficial Holders

Inventories mainly consist of food and beverages, small appliances, bedding and daily consumables. Small appliances, bedding and daily consumables replacement are expensed when used.

		Number of Shares of		Percent of Class Percent of Class Before
Name	Position	Common Stock		(1)

Ban SiongAng (2)	CEO, and Group Managing Director		46,388,604		70	%

Tiang Lee Ng (2)	5% Shareholder		4,272,419		6	%

Total owned by officers and directors			46,388,604		70	%

30 * Less than 1%

~~HEYU~~(1) ~~LEISURE~~Based ~~HOLIDAYS~~upon ~~CORPORATION~~60,001,000 shares outstanding as of the date of this offering.

~~Notes~~(2) toAddress ~~Consolidated~~is ~~Financial~~611 ~~Statements~~South Main Street, Grapevine, Texas 76051.

~~Property~~Certain ~~and~~Relationships ~~leasehold improvements, net are stated at cost less accumulated depreciation~~ and ~~amortization.~~Related The renovations, betterments and related expenses incurred during the construction are capitalized. Depreciation and amortization of property and equipment is provided using the straight line method over their expected useful lives. The expected useful lives are as follows:Transactions

Leasehold improvements	5-10 years
Furniture, fixtures and equipment	3-5 years

James Cassidy, a partner in the law firm which acts as counsel to the Company, is the sole owner and director of Tiber Creek Corporation. Tiber Creek is entitled to receive cash fees from the Company.

~~Construction~~James inCassidy ~~progress~~and ~~represents leasehold~~James ~~improvements~~McKillop, ~~under~~who ~~construction~~is orthe ~~being~~sole ~~installed~~officer and isowner ~~stated~~of atMB ~~cost.~~Americus, ~~Cost~~LLC, ~~comprises~~were ~~original~~both ~~cost~~formerly officers and directors of ~~property~~the Company. As the organizers and ~~equipment~~developers of Cloud Run, ~~installation,~~ ~~construction~~Mr. Cassidy and ~~other~~Mr. ~~direct~~McKillop ~~costs~~were involved with the Company prior to the Acquisitions. In ~~Construction~~particular, inMr. ~~progress~~Cassidy isprovided ~~transferred~~services to ~~leasehold~~the ~~improvements~~Company without charge, including preparation and ~~depreciation commences~~filing ~~when~~of the ~~asset~~charter iscorporate documents ~~ready~~and ~~for~~preparation ~~its~~of ~~intended~~the ~~use~~instant registration statement. ~~The~~Each ~~useful~~of ~~live~~Mr. ~~for~~Cassidy ~~leasehold~~and ~~improvement~~Mr. isMcKillop ~~shorter~~are considered promoters of the ~~term~~Company. ofTiber Creek received cash fees from the Company of $45,000 and will receive an additional $20,000 at such time ~~lease~~when orthe securities of the ~~estimated~~Company ~~useful~~begin ~~lives~~trading ofon the ~~assets~~market.

~~IMPAIRMENT~~As OFa ~~LONG-LIVED~~result ~~ASSETS~~of acquisition, the Company issued shares of its common stock to Ban SiongAng at a rate of 1,000 shares of the Company’s common stock for 40,000,000 of Heyu Capital common shares.

~~The~~Ban ~~Group~~Siong ~~evaluates~~Ang, ~~its long-lived assets for impairment whenever events or changes in circumstances indicate that~~ the ~~carrying amount of an asset may not be recoverable.~~Company’s ~~When~~Chief ~~these~~Executive ~~events occur~~Officer, ~~the Group measures impairment by comparing the carrying amount of the assets to future undiscounted net cash flows expected to result from the use of the assets~~ and ~~their~~Managing ~~eventual~~Director ~~disposition. If the sum of the expected undiscounted cash flows~~ is ~~less than~~ the ~~carrying~~brother-in-law ~~amount~~ of ~~the~~Hung ~~assets~~Seng Tan, ~~the Group recognizes~~ an ~~impairment~~executive ~~loss~~director ~~equal~~of to the ~~difference between the carrying amount and fair value of these assets~~Company. ~~There is no impairment as of December 31 2015.~~

~~BUSINESS TAX AND RELATED TAXES~~24

~~The~~Director Group is subject to business tax, education surtax and urban maintenance and construction tax on the services provided in the PRC. Such taxes are primarily levied based on revenue at applicable rates and are recorded as a reduction of revenue.Independence

~~INCOME~~Our ~~TAX~~securities are not listed on a national securities exchange or in an inter-dealer quotation system which has requirements that directors be independent. Therefore, we have adopted the independence standards of the American Stock Exchange, now known as the NYSE MKT LLC, to determine the independence of our directors and those directors serving on our committees. These standards provide that a person will be considered an independent director if he or she is not an officer of the company and is, in the view of the company’s board of directors, free of any relationship that would interfere with the exercise of independent judgment. Our board of directors has determined that as of the date of this Report, we had 5 independent directors.

~~The~~ITEM ~~Group has implemented certain provisions of ASC 740, Income Taxes (“ASC 740”), which clarifies the accounting and disclosure for uncertain tax positions, as defined~~14. ~~ASC~~PRINCIPAL ~~740~~ACCOUNTING ~~seeks~~FEES toAND ~~reduce the diversity in practice associated with certain aspects of the recognition and measurement related to accounting for income taxes~~SERVICES. Deferred tax assets and liabilities are recognized for the future tax consequences attributable to temporary differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Valuation allowances are established when it is more likely than not that some or all of the deferred tax assets will not be realized. The Group adopted the provisions of ASC 740 and have analyzed filing positions in each PRC jurisdictions where we are required to file income tax returns, as well as all open tax years in these jurisdictions. The Group has identified the PRC as our “major” tax jurisdiction. Generally, the Group remains subject to PRC examination of our income tax returns annually.

~~The~~Audit Group believes that our income tax positions and deductions will be sustained by an audit and do not anticipate any adjustments that will result in a material change to our financial position. Therefore, no reserves for uncertain income tax positions have been recorded pursuant to ASC 740. In addition, the Group did not record a cumulative effect adjustment, related to the adoption of ASC 740. Our policy for recording interest and penalties associated with income-based tax audits is to record such items as a component of income taxes.Fees

The aggregate fees billed for each of the last two fiscal years for professional services rendered by the principal accountant for the audit of our annual financial statement and review of financial statements included in our 10-Q reports and services normally provided by the accountant in connection with statutory and regulatory filings or engagements were $45,000 for fiscal year ended December 31 , 2016, and $45,000 for fiscal year ended December 31, 2015.

~~HEYU~~Audit-Related ~~LEISURE HOLIDAYS CORPORATION~~Fees

~~Notes~~The aggregate fees billed in each of the last two fiscal years for assurance and related services by the principal accountant that are reasonably related to ~~Consolidated~~the ~~Financial~~performance of ~~Statements~~the audit or review of our financial statements that are not reported above were $0 for fiscal year ended December 31, 2016, and $0 for fiscal year ended December 31, 2015.

~~INTANGIBLE~~Tax ~~ASSETS~~Fees

~~Intangible~~The ~~assets~~aggregate ~~with~~fees ~~definite~~billed ~~useful~~in each of the ~~lives,~~last ~~representing~~two ~~software,~~fiscal ~~are~~years ~~amortized~~for ~~over~~professional ~~their~~services ~~estimated~~rendered ~~useful~~by ~~lives~~the ofprincipal 5accountant ~~years~~for ~~using~~tax ~~the~~compliance, ~~straight-line~~tax ~~method~~advice, ~~which~~and tax planning ~~represents~~were ~~the~~$0 ~~economic~~for ~~benefit~~fiscal ~~pattern~~year ofended ~~the~~December ~~intangible~~31, ~~assets~~2016, and $0 for fiscal year ended December 31, 2015.

~~LEASE~~All Other Fees

AThe ~~lease~~aggregate offees ~~which~~billed ~~substantially~~in ~~all~~each of the ~~benefits~~last two fiscal years for products and ~~risks~~services ~~incidental~~provided toby ~~ownership~~the ~~remain~~principal ~~with~~accountant, other than the ~~lessor~~services isreported ~~classified~~above aswere $0 anfor ~~operating~~fiscal ~~lease.~~year ~~The~~ended ~~Group~~December is31, ~~currently~~2016, ~~classified it~~and as$0for ~~operating~~fiscal ~~lease~~year ended December 31, 2015.

~~CONCENTRATION~~Audit ~~OF RISK~~Committee

~~Financial~~As ~~instruments~~of ~~that potentially expose~~ the ~~Group~~date ~~to concentrations~~ of ~~credit~~this ~~risk~~Annual ~~consist~~Report, ~~principally~~the Company ofdid ~~cash~~not ~~and~~have ~~accounts~~a ~~receivable.~~standing ~~The~~audit ~~Group~~committee ~~places~~serving, ~~its~~and ~~cash with~~as ~~high~~a ~~quality~~result ~~banking~~our ~~institutions.~~board ~~The~~of ~~Group~~directors ~~didn’t~~performs ~~have~~the ~~cash~~duties ~~balances in excess~~ of ~~the~~an ~~Federal Deposit Insurance Corporation~~audit ~~limit~~committee. asOur board of ~~December~~directors ~~31,~~will ~~2015~~evaluate and ~~December~~approve 31in advance, ~~2014 respectively. And~~ the ~~Group~~scope ~~periodically~~and ~~evaluates~~cost of the ~~creditworthiness~~engagement of ~~the~~ ~~existing~~an ~~customers~~auditor inbefore the ~~determining~~auditor anrenders ~~allowance~~audit ~~for~~and ~~doubtful~~non-audit ~~accounts~~services. ~~primarily~~We ~~based~~do ~~upon~~not ~~the~~rely ~~age~~on ofpre-approval ~~the~~policies ~~receivables~~ and ~~factors surrounding the credit risk of specific customers~~procedures.

~~FAIR VALUE~~25

~~The~~PART Group follows guidance for accounting for fair value measurements of financial assets and financial liabilities and for fair value measurements of nonfinancial items that are recognized or disclosed at fair value in the financial statements on a recurring basis. The guidance establishes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to measurements involving significant unobservable inputs (Level 3 measurements). The three levels of the fair value hierarchy are as follows:IV

~~Level~~ITEM 115. ~~inputs~~EXHIBITS, ~~are~~FINANCIAL ~~quoted~~STATEMENT ~~prices (unadjusted) in active markets for identical assets or liabilities that the Group has the ability to access at the measurement date~~SCHEDULES.

~~Level~~(a) 2Financial ~~inputs~~Statements ~~are inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly.~~Index

~~Level~~The 3following ~~inputs~~financial ~~are~~statements ~~unobservable inputs~~are ~~for~~filed ~~the~~with ~~asset~~this ~~or liability.~~report:

32 Report of Independent Registered Public Accounting Firm

~~HEYU~~Consolidated ~~LEISURE~~Balance Sheets ~~HOLIDAYS~~at ~~CORPORATION~~December 31, 2016 and 2015

~~Notes~~Consolidated toStatements ~~Consolidated~~of ~~Financial~~Operations for ~~Statements~~the years ended December 31, 2016 and December 31, 2015

~~The~~Consolidated ~~Group~~Statements ~~monitors~~of ~~the market conditions~~Cash ~~and~~Flows ~~evaluates~~for the ~~fair~~years ~~value~~ended ~~hierarchy~~December ~~levels~~31, at2016 ~~least quarterly. For any transfers in~~ and ~~out~~December ~~of the levels of the fair value hierarchy~~31, ~~the Group elects to disclose the fair value measurement at the beginning of the reporting period during which the transfer occurred.~~2015

~~FOREGIN~~Consolidated ~~CURRENCY~~Statements ~~TRANSLATION~~of Changes in Stockholders’ Equity (Deficit) for the years ended December 31, 2016 and 2015

~~The~~Notes ~~functional~~to ~~and~~Consolidated ~~reporting currency of~~Financial the Company is the United States dollar ("U.S. dollar"). The financial records of the Company located in the Hong Kong and PRC are maintained in their local currency, the Renminbi ("RMB") and Hong Kong Dollar (“HKD”), which are the functional currency of these entities.Statements

Monetary assets and liabilities denominated in currencies other than the functional currency are translated into the functional currency at the rates of exchange ruling at the balance sheet date. Revenues, expenses, gains and losses are translated using the average rate for the year. Retained earnings and equity are translated using the historical rate. Translation adjustments are reported as cumulative translation adjustments and are shown as a separate component of other comprehensive income.26

~~COMPREHENSIVE~~(b) ~~LOSS~~Exhibits

Comprehensive loss is defined to include all changes in equity except those resulting from investments by owners and distributions to owners. Among other disclosures, ASC 220, Comprehensive Income requires that all items are required to be recognized under current accounting standards as components of comprehensive loss are reported in a financial statement that is displayed with the same prominence as other financial statements. For the periods presented, the Group’s comprehensive loss includes net loss and foreign currency translation adjustments and is presented in the statements of operations and comprehensive loss.

2.1++		Agreement and Plan of Reorganization
3.1+		Certificate of Incorporation
3.2+		By-laws
10.1++		Memorandum of Understanding with Golden Eagle Hotel
10.2++		Memorandum of Understanding with Xiamen Yuan Bo Bay Hot Springs Hotel
10.3++		Letter of Intent to Shanghang Hotel Project
10.4+++		Letter of Intent to Shanghang Hotel Project (English translation)
10.5+++		Employment appointment of Ang Ban Siong
10.6+++		Employment appointment letter of Kean Tat, Che
10.7+++		Appointment letter for Haw Boon Hong
10.8+++		Appointment letter for HakikurRahman
10.9+++		Appointment letter for M ShahidSiddiqi
10.10+++		Appointment letter for Ong Lay Hoon
10.11+++		Appointment letter for ShanmugaRatnam
10.12+++		Appointment letter for Stephan Truly Busch
10.13+++		Appointment letter for Guan Chuan Tan
10.14+++		Appointment letter for Tan Hung Seng
10.15+++		Appointment letter for Tan KweeHuwa
10.16+++		Appointment letter for TimiEcimovic
10.17+++		Appointment letter for Zhong Mei Yun
10.18 ++++		Land Use Right Agreement with Xiamen Yuan Bo Bay Hot Springs Hotel
10.19+++++		Resignation letter of Kean Tat, Che
31.1		Rule 15d-14(a) Certification by Principal Executive Officer and Principal Financial Officer
32.1		Section 1350 Certification of Principal Executive Officer and Principal Financial Officer

CONCENTRATION OF RISK

+	Previously filed on Form 10-12G on September 30, 2013 (File No.: 000-55068) as the same exhibit number as the exhibit number listed here, and incorporated herein by this reference.
++	Previously filed on Form 8-K on February 9, 2015 (File No. 000-55068) as the same exhibit number as the exhibit numbed listed here, and incorporated herein by this reference.
+++	Previously filed on Form S-1/A on July 20, 2015 (File No. 333-201986) as the same exhibit number as the exhibit numbed listed here, and incorporated herein by this reference.
++++	Previously filed on Form S-1/A on October 6, 2015 (File No. 333-201986) as the same exhibit number as the exhibit numbed listed here, and incorporated herein by this reference.
+++++	Previously filed on Form S-1/A on December 28, 2015 (File No. 333-201986) as the same exhibit number as the exhibit numbed listed here, and incorporated herein by this reference.

Financial instruments that potentially subject the Company to concentrations of credit risk consist principally of cash. The Company places its cash with high quality banking institutions. The Company did not have cash balances in excess of the Federal Deposit Insurance Corporation limit as of December 31, 2015 and December 31, 2014 respectively.27

~~ACQUISITION OF BUSINESS~~SIGNATURES

~~Acquisition~~Pursuant to the requirements of ~~interest~~Section 13 inor ~~Heyu~~15(d) ~~Capital~~of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the ~~Limited~~undersigned, thereunto duly authorized.

Pursuant to a Sale and Purchase Agreement dated February 9, 2015 between the Company and Ang Ban Siong, the Company issued shares of its common stock to shareholder of Heyu Capital at a rate of 1,000 shares of the Company’s common stock for 100% of the equity of Heyu Capital Limited.

	HEYU LEISURE HOLIDAYS CORPORATION

Date: May 31, 2017	By:	/s/ Ban Siong Ang
		Ban Siong Ang, Chief Executive Officer, Chief Financial Officer (Principal Executive Officer, Principal Financial Officer)

33 28

~~HEYU~~Pursuant ~~LEISURE~~to ~~HOLIDAYS~~the ~~CORPORATION~~requirements of the Securities Act of 1933, this registration statement has been signed below by the following persons, constituting all of the members of the board of directors, in the capacities and on the dates indicated.

Notes to Consolidated Financial Statements

Signature	Capacity	Date

/s/ Boon Hong Haw	Chairman of Board cum Independent Non-executive Director	May 31, 2017

/s/ Ban SiongAng	CEO and Group Managing Director	May 31, 2017

/s/ Hung Seng Tan	Executive Director	May 31, 2017

/s/ KweeHuwa Tan	Executive Director	May 31, 2017

/s/ TimiEcimovic	Non-executive Director	May 31, 2017

/s/ Mei Yun Zhong	Non-executive Director	May 31, 2017

/s/ Stephan Truly Busch	Non-executive Director	May 31, 2017

/s/ ShanmugaRatnam	Independent Non-executive Director	May 31, 2017

/s/ M. ShahidSiddiqi	Independent Non-executive Director	May 31, 2017

/s/ Md. HakikurRahman	Independent Non-executive Director	May 31, 2017

/s/ Lay HoonOng	Independent Non-executive Director	May 31, 2017

~~The~~SUPPLEMENTAL ~~transaction~~INFORMATION ~~has~~TO ~~been~~BE ~~accounted for~~FURNISHED asWITH aREPORTS ~~business~~FILED combination under a method similar to the pooling-of-interest method ("Pooling-of-Interest") as the Registrant and Heyu Capital are both under common control with by our majority shareholder In accordance with Accounting Standards Codification (“ASC”) 805, Business Combinations, We evaluate each investment in a business to determine if we should account for the investment as a cost-basis investment, an equity investment, a business combination or a common control transaction. An investment in which we do not have a controlling interest and which we are not the primary beneficiary but where we have the ability to exert significant influence is accounted for under the equity method of accounting. For those investments that we account for in accordance ASC 805, Business Combinations, we record the assets acquired and liabilities assumed at our estimate of their fair values on the date of the business combination. Our assessment of the estimated fair value of each of these can have a material effect on our reported results as intangible assets are amortized over various lives. Furthermore, a change in the estimated fair value of an asset or liability often has a direct impact on the amount to recognize as goodwill, which is not amortized. Often determining the fair value of these assets and liabilities assumed requires an assessment of the expected use of the asset, the expected cost to extinguish a liability or our expectations related to the timing and the successful completion of the integration of the business. Such estimates are inherently difficult and subjective and can have a material impact on our financial statements.PURSUANT

~~The~~TO ~~operating~~SECTION ~~entity- Wujiaer Hotel Co., Ltd~~ 15(~~“Wujiaer”~~d) ~~has~~OF ~~been~~THE ~~acquired~~ACT ~~via~~BY ~~Xiamen Heyu Hotel Management Co (“Xiamen Heyu”) on January 25, 2014.~~REGISTRANTS AsWHICH aHAVE ~~result~~NOT ~~of the acquisition, Xiamen Heyu has become its immediate holding company, Heyu Capital becomes its intermediate holding company and the Registrant has become an ultimate holding company of Wujiaer.~~REGISTERED

~~Acquisition~~SECURITIES ofPURSUANT ~~interest~~TO inSECTION ~~Wujiaer~~12 ~~Hotel~~OF CoTHE ~~Ltd through Xiamen Heyu Hotel Management Co Ltd~~ACT

~~Pursuant~~We will furnish to athe ~~Sale~~Securities and ~~Purchase Agreement~~Exchange ~~dated January 25~~Commission, ~~2014~~at ~~between~~ the ~~Xiamen~~same ~~Heyu~~time ~~Hotel~~that ~~Management~~it Cois ~~Ltd~~sent ~~and~~to ~~Lv Dun Zhi~~stockholders, ~~the~~any ~~Company~~proxy ~~acquired~~or ~~100%~~information ofstatement ~~the~~that ~~equity interests~~we insend ~~Wujiaer~~to ~~Hotel~~our Costockholders in ~~Ltd~~connection with ~~the~~any ~~total~~annual ~~purchase~~stockholders’ ~~price $622,379 in cash~~meeting. ~~The fair value of the acquired entity was $ 622,379.~~

The transaction was considered as a business acquisition and accordingly the acquisition method of accounting has been applied. The acquired net assets were recorded at their estimated fair values on the acquisition date. The acquired goodwill is not deductible for tax purposes.29

34 FINANCIAL STATEMENTS

HEYU LEISURE HOLIDAYS CORPORATION

Report of Independent Registered Public Accounting Firm		F-2

Consolidated Balance Sheets as of December 31, 2016 and 2015		F-3

Consolidated Statements of Operations for the years ended December 31, 2016 and 2015		F-4

Consolidated Statements of Changes in Stockholders' Equity (Deficit) for the years ended December 31, 2016 and 2015		F-5

Consolidated Statements of Cash Flows for the years ended December 31, 2016 and 2015		F-6

Notes to Consolidated Financial Statements		F-7

~~Notes to Consolidated Financial Statements~~F-1

~~The~~REPORT OF ~~purchase~~INDEPENDENT ~~price~~REGISTERED ~~was~~PUBLIC ~~allocated~~ACCOUNTING ~~as follows:~~FIRM

Cash acquired	$	21,346
Other current assets		65,922
Property and equipment		449,817
Other Non-current assets		41,815
Intangible assets		7,251
Current liabilities		(206,560	)
Tax liabilities		(21,303	)
Goodwill		264,091
Total		622,379
Represented by:
Cash Consideration	$	622,379

To the Board of Directors and Stockholders

~~The following unaudited pro forma information~~Heyu ~~summarizes~~Leisure ~~the~~Holidays ~~results~~Corporation ofand ~~operations~~its for the twelve months ended December 31, 2014 of the Group as if the acquisition had occurred on January 1, 2014. The following pro forma financial information is not necessarily indicative of the results that would have occurred had the acquisition been completed at the beginning of the period indicated, nor is it indicative of future operating results:subsidiaries

	For the twelve Months
	ended December, 31
	2014
	(unaudited)
Pro forma revenues	$	(326,942	)
Pro forma net loss	$	(3,069,912	)

We have audited the balance sheets of Heyu Leisure Holidays Corporation and its subsidiaries (the “Group”) as of December 31, 2016 and 2015, and the related consolidated statements of operations, changes in stockholders' equity and consolidated cash flows for the years then ended. These consolidated financial statements are the responsibility of the Group's management. Our responsibility is to express an opinion on these consolidated financial statements based on our audits.

35 We conducted our audits in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audits to obtain reasonable assurance about whether the consolidated financial statements are free of material misstatement. The Group is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. Our audits includes examining, on a test basis, evidence supporting the amounts and disclosures in the consolidated financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall consolidated financial statement presentation. We believe that our audits provide a reasonable basis for our opinion.

~~HEYU~~In our ~~LEISURE~~opinion, ~~HOLIDAYS~~the ~~CORPORATION~~consolidated financial statements referred to above present fairly, in all material respects, the financial position of the Group as of December 31, 2016 and 2015 and the groups’ result of its operations and its consolidated cash flows for the years then ended, in conformity with accounting principles generally accepted in the United States.

~~Notes~~The consolidated financial statements have been prepared assuming that the Group will continue as a going concern. As shown in the consolidated financial statements, the Group has incurred an accumulated deficit of $6,738,047 and $6,039,956 for the years ended December 31, 2016 and 2015, respectively. This raises substantial doubt about the Group’s ability to ~~Consolidated~~continue ~~Financial~~as ~~Statements~~a going concern. Management’s plans in regard to this matter are described in Note 8. The consolidated financial statements do not include any adjustments that might result from the outcome of this uncertainty.

~~NOTE~~/s/ Anton 2-& ~~PROPERTY AND EQUIPMENT~~Chia, ~~NET~~LLP

~~Property and equipment~~May 26, ~~net consist of the following:~~2017

	As of December 31, 2015			As of December 31, 2014
Cost:
Leasehold improvement	$	142,967		$	499,225
Furniture, fixtures and equipment		471,110			143,727
Total Cost:		614,077			642,952
Less: Accumulated depreciation		(336,301	)		(215,833	)
Total:	$	277,776		$	427,119

Newport Beach, CA

~~Depreciation expense was $120,468 and $70,699 for the period ended December 31, 2015 and December 31, 2014, respectively.~~F-2

NOTE 3 -DEPOSIT, NON-CURRENT

HEYU LEISURE HOLIDAYS CORPORATION
Consolidated Balance Sheets
As of December 31, 2016 and 2015

	December 31,			December 31,
	2016			2015

ASSETS
Current assets
Cash	$	9,084		$	2,762
Account receivable, net		0			9,388
Prepayment		0			801
Inventory		88			1,429
Amount due from related parties		23,886			194,322

Total current assets		33,058			208,702

Other assets
Deposit, non-current		22,538			21,138
Prepayment		230			669
Property and leasehold improvements, net		139,526			277,776
Intangible asset		4,116			5,210

Total non-current assets		166,410			304,793

Total assets		199,468			513,495

LIABILITIES AND STOCKHOLDERS' (DEFICIT)/ EQUITY

Current liabilities
Account payable		23,947			13,297
Amount due to related parties		1,257,961			1,192,387
Other payables and accruals		470,058			186,757
Tax payable		40,563			38,505

Total liabilities		1,792,529			1,430,946

Stockholders' equity (deficit)
Preferred stock, $0.0001 par value, 20,000,000 shares authorized; none issued and outstanding
Common stock, $0.0001 par value, 100,000,000 shares authorized; 60,001,000 and 60,001,000 shares issued and outstanding as of December 31,2016 and December 31, 2015, respectively.		6,000			6,000
Additional paid-in capital		5,098,747			5,098,747
Accumulated deficit		(6,738,047	)		(6,039,956
Accumulated other comprehensive income		40,239			17,758
Total stockholders' (deficit)/ equity		(1,593,061	)		(917,451	)

Total liabilities and stockholders' (deficit)/ equity	$	199,468		$	513,495

		As of December 31, 2015				As of December 31, 2014
Deposit for lease of the hotel building		$	21,138			$	23,951

The accompanying notes are an integral part of these consolidated financial statements

~~The deposit is made to shareholder for the lease of the hotel building. The deposit is refundable upon the lease expiring on September 30, 2025.~~F-3

~~The~~HEYU ~~long~~LEISURE ~~term~~HOLIDAYS ~~deposits~~CORPORATION ~~are~~Consolidated ~~not within~~Statements ~~the scope~~ of ~~the~~Operations ~~accounting~~For ~~guidance regarding interests on receivables and payables, because they are intended to provide security for~~ the ~~counterparty~~Years toEnded ~~the~~December ~~office rental agreements. Therefore~~31, ~~the~~2016 ~~deposits~~and ~~are recorded at costs.~~2015

NOTE 4 –OTHER PAYABLE

	For the year ended
	December 31,			December 31,
	2016			2015
Revenue	$	145,743		$	329,514
Cost of revenue		375,424			486,296
Gross Loss		(229,681	)		(156,782	)

Operating costs and expenses:
Selling expenses		1,003			9,374
General & Administrative expenses		466,613			860,648
Finance expenses		794			1,128

Loss before income taxes		(698,091	)		(1,027,932	)
Income tax		0			0
Net loss		(698,091	)		(1,027,932	)

Other comprehensive income
Foreign currency translation adjustments		22,481			7,097
Comprehensive income (loss)	$	(675,610	)	$	(1,020,835	)

Loss per share-basic and diluted	$	(0.01	)	$	(0.17	)

Weighted average shares-basic and diluted		60,001,000			60,000,890

	As of December 31, 2015		As of December 31, 2014
Payroll Payable	$	117,590	$	-
Rent Payable		69,167		-
Total:	$	186,757	$	-

The accompanying notes are an integral part of these consolidated financial statements

36 F-4

HEYU LEISURE HOLIDAYS CORPORATION

HEYU LEISURE HOLIDAYS CORPORATION
Consolidated Statements of Changes in Stockholders’ Equity/(Deficit)
For the Years Ended December 31, 2016 and 2015

	Common shares		Common stock		APIC		Accumulated Deficit			Accumulated Other Comprehensive Income		Total Stockholders' Equity
Balance, December 31, 2014		60,000,000	$	6,000	$	5,098,747	$	(5,012,024	)	$	10,661	$	103,384

Net loss		0		0		0		(1,027,932	)		0		(1,027,932	)
Capital transaction-under common control		1000		0.1		-0.1		0			0		-
Foreign exchange gain/loss		-		-		-		-			7,097		7,097
Balance, December 31, 2015		60,001,000		6,000		5,098,747		(6,039,956	)		17,758		(917,451	)

Net loss		0		0		0		(698,091	)		0		(698,091	)
Foreign exchange gain/loss		-		-		-		-			22,481		22,481
Balance, December 31, 2016		60,001,000	$	6,000	$	5,098,747	$	(6,738,047	)	$	40,239	$	(1,593,061	)

~~Notes~~The accompanying tonotes ~~Consolidated~~are ~~Financial~~an ~~Statements~~integral part of these consolidated financial statements

~~NOTE 5~~F-~~INCOME TAX PAYABLE~~5

~~United~~HEYU ~~States~~LEISURE HOLIDAYS CORPORATION Consolidated Statements of Cash Flows For the Years Ended December 31, 2016 and 2015

Heyu Leisure Holidays Corporation is incorporated in United States, and is subject to corporate income tax rate of 34%. As of December 31, 2015, the company has net operating losses of approximately $122,219 that begin expiring in 2031. The potential benefit of the company’s net operating losses has not been recognised in these financial statements because the company cannot be assured it is more likely-than-not it will utilize the net operating losses carried forward.

	For the twelve			For the twelve
	months ended			months ended
	December 31, 2016			December 31, 2015
Operating activities
Net loss	$	(698,091	)	$	(1,027,932
Adjustment to reconcile net loss to net cash (used in) operating activities:
Depreciation and amortization		126,355			138,568

Changes in operating assets and liabilities:
Account receivable		9,174			(7,043	)
Inventory		1305			328
Prepaid expense and prepaid rent		1,196			46,484
Deposit		(2,905	)		1,608
Account payable		12,039			(27,933	)
Other payables		236,036			95,427

Net cash (used in) operating activities		(314,891	)		(780,493

Investing activities:
Purchase of leasehold improvement		0			1,673
Purchase of property and equipment		0			(7,175	)
Amount due from a related party		251,535			(96,863	)
Net cash provided by (used in) investing activities		251,535			(102,365	)

Financing activities
Amount due to a related party		74,165			820,680
Net cash flows provided by financing activities		74,165			820,680

Effect of exchange rate changes on cash and cash equivalent		(4,487	)		3,286
Net increase (decrease) in cash		6,322			(58,892	)
Cash at the beginning of the year		2,762			61,654
Cash at the end of the year	$	9,084		$	2,762

~~Hong~~The ~~Kong~~accompanying notes are an integral part of these consolidated financial statements

Heyu Capital Limited is subject to Hong Kong profit tax at a rate of 16.5% in 2014 and 2015. No Hong Kong profit tax has been provided as the Group has not had assessable profit that was earned in or derived from Hong Kong during the period presented. As of December 31, 2015, HK entity has net operating losses of approximately $4,558,230. Valuation allowance has been fully provided since it is more likelyF-~~than-not it will not utilize the net operating losses carried forward as it does not expect to generate sufficient taxable income in future or the amount involved is not significant.~~6

~~China~~HEYU LEISURE HOLIDAYS CORPORATION

~~Under the Law of People’s Republic~~Notes ~~of China on Enterprise Income Tax (“EIT Law”), which was effective from January 1, 2008, domestically-owned enterprises and foreign-invested enterprises are subject~~ to aConsolidated ~~uniform~~Financial tax rate of 25%. As of December 31, 2015, the PRC entities have net operating losses of approximately $1,166,503 that begin expiring in 2018. The potential benefit of the company’s net operating losses has not been recognized in these financial statements because it is more likely-than-not it will not utilize the net operating losses carried forward as it does not expect to generate sufficient taxable income in future or the amount involved is not significantStatements

	December 31, 2015			December 31, 2014
Deferred Tax Assets and Liabilities:
Net operating loss carry forwards	$	1,085,288		$	829,153
Valuation allowance		(1,085,288	)		(829,153	)
Net deferred tax assets	$	-		$	-

For the Years Ended December 31, 2016 and 2015

~~The Taxes payable was $29,627~~NOTE ~~and~~1 ~~$38,505~~NATURE asOF ofOPERATIONS ~~December~~AND ~~31,~~SUMMARY ~~2014~~OF ~~and~~SIGNIFICANT ~~December~~ACCOUNTING ~~31, 2015:~~POLICIES

	As at December 31, 2015		As at December 31, 2014
Business tax payable	$	25,619		19,126
Urban Construction tax payable		1,793		1,338
Others		11,093		9,163
Total	$	38,505	$	29,627

NATURE OF OPERATIONS

~~NOTE~~Heyu Leisure 6Holidays Corporation ("Heyu Leisure" or "the Group" or “the Registrant”) was incorporated on July 2, 2013 under the laws of the state of Delaware to engage in any lawful corporate undertaking, including, but not limited to, selected mergers and acquisitions. The Company manages unique budget hotels in China and internationally and luxury hotels that provide executive facilities, leisure clubs and the highest level of operational excellence via selected mergers, acquisitions and joint ventures. The Company will attempt to locate and negotiate with a business entity for the combination of that target company with Heyu Leisure Holidays Corporation. The combination will normally take the form of a merger, stock-for-stock ~~COMMITTMENT~~exchange or stock-for-assets exchange. In most instances the target company will wish to structure the business combination to be within the definition of a tax-free reorganization under Section 351 or Section 368 of the Internal Revenue Code of 1986, as amended. The Company has been formed to provide a method for a foreign or domestic private company to become a reporting company with a class of securities registered under the Securities Exchange Act of 1934.

~~Operating~~On February ~~lease~~9, ~~commitment~~2015, Heyu Leisure merged with Heyu Capital Ltd (“Heyu Capital”), a corporation existing under the laws of Hong Kong (Special Administrative Region of the PRC). Pursuant to the merger, the Registrant acquired all of the outstanding common shares of Heyu Capital through the issuance of common shares of the Registrant to the shareholders of Heyu Capital.

~~The~~As a ~~Group~~result of the Merger and pursuant to the Resolution, Heyu Capital has ~~entered~~become ~~into~~a ~~lease~~wholly-owned subsidiary of the Registrant and ~~agreement~~the ~~for~~Registrant issued shares of its common stock to shareholders of Heyu Capital at a ~~leased~~rate ~~hotel~~of ~~which~~1,000 itshares ~~operates~~of the Registrant’s common stock for all Heyu Capital common share. ~~Such~~Immediately ~~lease~~prior isto ~~classified~~the asMerger, ~~operating~~the ~~lease~~Registrant had 60,000,000 shares of common stock outstanding.

37 Following the Merger, the Registrant has 60,001,000 shares of common stock outstanding after the share exchange and the issuance of 1,000 common shares to the shareholder of Heyu Capital.

~~HEYU~~The transaction ~~LEISURE~~has ~~HOLIDAYS~~been ~~CORPORATION~~accounted for as a business combination under a method similar to the pooling-of-interest method ("Pooling-of-Interest") as the Registrant and Heyu Capital are both under common control with by our majority shareholder. In accordance with Accounting Standards Codification (“ASC”) 805-50-25, it indicated that the financial statements of the receiving entity shall report results of operations for the period in which the transfer occurs as though the transfer of net assets or exchange of equity interests had occurred at the beginning of the period. Results of operations for that period will thus comprise those of the previously separate entities combined from the beginning of the period to the date the transfer is completed and those of the combined operations from that date to the end of the period. Further in 805-50-45-5, indicated that the financial statements and financial information presented for prior years also shall be retrospectively adjusted to furnish comparative information. All adjusted financial statements and financial summaries shall indicate clearly that financial data of previously separate entities are combined.

~~Notes~~The operating toentity- ~~Consolidated~~Wu ~~Financial~~JiaEr ~~Statements~~Hotel Co., Ltd (“Wu JiaEr ”) has been acquired via Xiamen Heyu Hotel Management Co (“Xiamen Heyu”) on January 25, 2014. As a result of the acquisition, Xiamen Heyu has become its immediate holding company, Heyu Capital becomes its intermediate holding company and the Registrant has become an ultimate holding company of Wu JiaEr.

~~Future~~In accordance ~~minimum~~with ~~lease~~Accounting ~~payments~~Standards Codification (“ASC”) 805, Business Combinations, We evaluate each investment ~~under~~in ~~non~~a business to determine if we should account for the investment as a cost-~~cancellable~~basis ~~lease~~investment, ~~agreement~~an equity investment, a business combination or a common control transaction. An investment in which we do not have a controlling interest and which we are not the primary beneficiary but where we have the ability to exert significant influence is accounted for under the equity method of accounting. For those investments that we account for in accordance ASC 805, Business Combinations, we record the assets acquired and liabilities assumed at our estimate of their fair values on the date of the business combination. Our assessment of the estimated fair value of each of these can have a material effect on our reported results as ~~follow:~~intangible assets are amortized over various lives. Furthermore, a change in the estimated fair value of an asset or liability often has a direct impact on the amount to recognize as goodwill, which is not amortized. Often determining the fair value of these assets and liabilities assumed requires an assessment of the expected use of the asset, the expected cost to extinguish a liability or our expectations related to the timing and the successful completion of the integration of the business. Such estimates are inherently difficult and subjective and can have a material impact on our financial statements.

Year:
2016	$	271,812
2017		291,701
2018		291,701
2019		299,003
2020 and after		1,941,332
	$	3,095,549

F-7

~~Under the lease arrangements, the Group~~ORGANIZATIONAL ~~pay rent on a quarterly basis.~~STRUCTURE

~~NOTE~~The following ~~7-LOSS~~diagram ~~PER~~illustrates ~~COMMON~~our ~~SHARE~~corporate and ownership structure, the place of formation and the ownership interests of our subsidiaries as of December 31, 2016 after the acquisition.

~~Basic loss per common share excludes dilution~~ BASIS ~~and~~OF is computed by dividing net loss by the weighted average number of common shares outstanding during the period. Diluted loss per common share reflects the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock or resulted in the issuance of common stock that then shared in the loss of the entity. As of December 31, 2015 and December 31, 2014, there are no outstanding dilutive securities.CONSOLIDATION

~~NOTE~~The consolidated 8financial -statements ~~GOING~~include ~~CONCERN~~the financial statements of our company and its subsidiaries. All significant transactions and balances between our company and its subsidiaries have been eliminated upon consolidation.

~~The~~A subsidiary ~~Group~~is ~~has~~an ~~sustained~~entity ~~operating~~in ~~losses of~~which $6our company,~~039,956~~ ~~since~~directly ~~inception.~~or ~~The~~indirectly, ~~Group’s~~controls ~~continuation~~more asthan aone ~~going~~half ~~concern~~of isthe ~~dependent~~voting onpower, ~~management’s~~has ~~ability~~the power to ~~develop~~ ~~profitable~~appoint ~~operations~~or remove the majority of the members of the board of directors, and /has orthe ~~obtain~~power ~~additional~~to ~~financing~~cast ~~from~~a ~~its~~majority ~~stockholders~~of votes at meetings of the board of directors or to govern the financial and /operating policies of the investee under a statute or ~~other~~agreement among ~~third~~the ~~parties~~shareholders or equity holders.

~~The~~ASC 810 ~~accompanying~~“Consolidation”, ~~financial~~which ~~statements~~provides ~~have been~~guidance ~~prepared~~on ~~assuming that~~ the ~~Group~~identification ~~will~~of ~~continue~~and asfinancial areporting ~~going~~for ~~concern;~~entities ~~however,~~over ~~the above conditions raise substantial doubt about~~which ~~the~~control ~~Group’s~~is ~~ability~~achieved tothrough domeans ~~so.~~other ~~The~~than ~~financial~~voting ~~statements~~interests, dorequires ~~not~~certain ~~include~~variable ~~any~~interest ~~adjustments~~entities to ~~reflect~~be ~~the possible future effects~~consolidated onby the ~~recoverability~~primary ~~and~~beneficiary ~~classification~~ of ~~assets or~~ the ~~amounts and classifications of liabilities that may result should the Group be unable to continue as a going concern~~entity.

IfThe Group ~~management~~evaluate ~~projections~~our ~~are~~business ~~not~~relationships ~~met~~such as those with franchisees to identify potential variable interest entities. Generally, these businesses qualify for the ~~Group~~business ~~may~~scope ~~have~~exception tounder ~~reduce~~the ~~its~~consolidation ~~operating~~guidance. ~~expenses~~Therefore, ~~and~~we tohave ~~seek~~concluded ~~additional~~that consolidation ~~funding~~of ~~through~~any ~~debt~~such ~~and/or~~entities ~~equity~~is ~~offerings~~not appropriate for the periods.

38BUSINESS COMBINATIONS

~~HEYU~~U.S. GAAP ~~LEISURE~~requires ~~HOLIDAYS~~that ~~CORPORATION~~business combinations be accounted for under the acquisition purchase method. From January 1, 2009, the Group adopted ASC 805 “Business Combinations”. Following this adoption, the cost of an acquisition is measured as the aggregate of the fair values at the date of exchange of the assets given, liabilities incurred, and equity instruments issued. The costs directly attributable to the acquisition are expensed as incurred. Identifiable assets, liabilities and contingent liabilities acquired or assumed are measured separately at their fair value as of the acquisition date, irrespective of the extent of any non-controlling interests. The excess of (i) the total of cost of acquisition, the fair value of the non-controlling interests and the acquisition date fair value of any previously held equity interest in the acquired over (ii) the fair value of the identifiable net assets of the acquired is recorded as goodwill. If the cost of acquisition is less than the fair value of the net assets of the entity acquired, the difference is recognized directly in the statements of operations.

~~Notes to Consolidated Financial Statements~~F-8

~~NOTE~~The determination 9and -allocation ~~RECENT~~of ~~ACCOUNTING~~fair ~~PRONOUNCEMENTS~~values to the identifiable assets acquired and liabilities assumed are based on various assumptions and valuation methodologies requiring considerable management judgment. The most significant variables in these valuations are discount rates, terminal values, the number of years on which to base the cash flow projections and the assumptions and estimates used to determine the cash inflows and outflows. Management determines discount rates to be used based on the risk inherent in the related activity’s current business model and industry comparisons. Terminal values are based on the expected life of assets and forecasted life cycle and forecasted cash flows over that period. Although the Group believe that the assumptions applied in the determinations that the Group have made are reasonable based on information available at the date of acquisition, actual results may differ from the forecasted amounts and the difference could be material.

~~In May 2014, the FASB issued Accounting~~USE ~~Standards~~OF ~~Update (“ASU”) 2014-09,~~ESTIMATES Revenue from Contracts with Customers (Topic 606). ASU 2014-09 creates a new topic in the ASC Topic 606 and establishes a new control-based revenue recognition model, changes the basis for deciding when revenue is recognized over time or at a point in time, provides new and more detailed guidance on specific topics, and expands and improves disclosures about revenue. In addition, ASU 2014-09 adds a new Subtopic to the Codification, ASC 340-40, Other Assets and Deferred Costs: Contracts with Customers, to provide guidance on costs related to obtaining a contract with a customer and costs incurred in fulfilling a contract with a customer that are not in the scope of another ASC Topic. The guidance in ASU 2014-09 is effective for public entities for annual reporting periods beginning after December 15, 2016, including interim periods therein. Early application is not permitted. The Company is in the process of assessing the impact of ASU 2014-09 on the Company’s financial statements.

~~In August 2014, the FASB issued Accounting~~The ~~Standards~~preparation ~~Update No. 2014-15, “Disclosure~~ of ~~Uncertainties~~audited ~~About~~consolidated anfinancial ~~Entity’s~~statements ~~Ability~~in toconformity ~~Continue~~with asGAAP ~~a Going Concern” (“ASU 2014-15”), which~~ requires management to ~~perform~~make ~~interim~~estimates and ~~annual assessments on whether there are conditions~~assumptions ~~or events~~ that ~~raise~~affect ~~substantial~~the ~~doubt~~reported ~~about~~amounts ~~the~~of ~~entity’s~~assets ~~ability~~and toliabilities ~~continue~~and asdisclosure aof ~~going~~contingent ~~concern~~assets ~~within~~and ~~one~~liabilities ~~year~~at of the date of the financial statements, ~~are~~and ~~issued~~the ~~and~~reported toamounts ~~provide~~of ~~related~~revenues ~~disclosures,~~and ifexpenses ~~required.~~during ~~ASU~~the ~~2014-15~~reporting isperiods. ~~effective~~Some ~~for~~of the ~~Company for~~significant ~~our~~estimates ~~fiscal~~include ~~year~~values ~~ending~~and ~~October~~lives ~~31,~~assigned ~~2017.~~to ~~Early~~acquired ~~adoption~~property, isreserves ~~permitted.~~for ~~The~~customer ~~company~~returns ~~adopted~~and ~~this~~allowances, ~~pronouncement~~uncollectible accounts ~~which~~receivable, ~~did~~slow ~~not~~moving, ~~have a~~obsolete ~~significant~~and/or ~~impact~~damaged oninventory. Actual ~~its~~results ~~consolidated~~could ~~financial~~differ ~~statements~~from those estimates.

~~In February 2015, the FASB issued Accounting~~REVENUE Standards Update No. 2015-02 (ASU 2015-02) "Consolidation (Topic 810): Amendments to the Consolidation Analysis." ASU 2015-02 changes the analysis that a reporting entity must perform to determine whether it should consolidate certain types of legal entities. It is effective for annual reporting periods, and interim periods within those years, beginning after December 15, 2015. Early adoption is permitted, including adoption in an interim period. The Company is currently in the process of evaluating the impact of the adoption of ASU 2015-02 on our consolidated financial statements.RECOGNITION

~~Other~~Revenue from ~~recent~~leased ~~accounting~~hotel ~~pronouncements issued~~is byderived ~~the~~from ~~FASB~~hotel (operations, mainly including ~~its~~the ~~Emerging~~rental ~~Issues~~of ~~Task~~rooms, ~~Force)~~food and ~~the~~beverages ~~United~~sales ~~States~~from ~~Securities~~leased hotels. ~~and~~Revenue ~~Exchange~~is ~~Commission~~recognized ~~did~~when ~~not or~~rooms are ~~not~~occupied ~~believed~~and byfood ~~management~~and tobeverage ~~have~~are asold. ~~material~~Persuasive ~~impact~~evidence onof ~~the~~an ~~Company's~~arrangement, ~~present~~fixed price, orand ~~future~~service ~~financial~~delivered ~~statements~~and collection reasonably assured.

39 ACCOUNT RECEIVABLE, NET

~~HEYU~~Accounts receivables ~~LEISURE~~mainly ~~HOLIDAYS~~consist ~~CORPORATION~~of amounts due from corporate customers, travel agents, hotel guests and credit card receivables, which are recognized and carried at the original invoice amount less an allowance for doubtful accounts. The Group establishes an allowance for doubtful accounts primarily based on the age of the receivables and factors surrounding the credit risk of specific customers. Allowance for account receivable amounted to $0 and $0 as of December 31, 2016 and 2015, respectively.

~~Notes to Consolidated Financial Statements~~INVENTORIES

~~NOTE~~Inventories mainly 10consist ~~STOCKHOLDER'S~~of ~~EQUITY/~~food ~~(Deficit)~~and beverages, small appliances, bedding and daily consumables. Small appliances, bedding and daily consumables replacement are expensed when used.

~~The Company is authorized to issue 100,000,000~~PROPERTY ~~shares~~AND ofLEASEHOLD ~~common stock and 20~~IMPROVEMENTS,~~000,000~~ ~~shares of preferred stock.~~NET

~~The~~Property and ~~Company~~leasehold ~~redeemed~~improvements, annet ~~aggregate~~are ofstated 20at cost less accumulated depreciation and amortization. The renovations,~~000,000~~ betterments ofand ~~the~~related ~~then~~expenses ~~20,000,000~~incurred ~~shares~~during ofthe ~~outstanding~~construction ~~stock~~are atcapitalized. aDepreciation ~~redemption~~and ~~price~~amortization of ~~$.0001~~property ~~per~~and ~~share~~equipment is ~~for~~provided anusing ~~aggregate~~the ~~redemption~~straight ~~price of~~line ~~$2,000~~method over their expected useful lives. The expected useful lives are as follows:

James Cassidy and James McKillop, both directors of the Company and the then president and vice president, respectively, resigned such directorships and all offices of the Company. Neither Messrs. Cassidy nor McKillop retain any shares of the Company's common stock.

Leasehold improvements	5-10 years
Furniture, fixtures and equipment	3-5 years

~~Ban~~Construction in ~~Siong~~progress ~~Ang~~represents ~~was~~leasehold ~~named~~improvements asunder ~~Sole~~construction ~~Director of~~or ~~the~~being ~~Company~~installed and ~~serves~~is asstated ~~its~~at ~~Chief~~cost. ~~Executive~~Cost ~~Officer.~~comprises Onoriginal cost ~~January~~of 14property and equipment, ~~2014~~installation, ~~the~~construction ~~Company~~and ~~issued~~other ~~1,000,000~~direct ~~shares~~costs. ofConstruction in progress is transferred to leasehold improvements and depreciation commences when the asset is ready for its ~~common~~intended use. The useful live for leasehold ~~stock~~improvement atis ~~par~~shorter ~~representing~~of ~~100%~~the term of the ~~then~~lease ~~total~~or ~~outstanding~~the ~~1,000,000~~estimated ~~shares~~useful lives of ~~common~~the ~~stock~~assets.

On August 8, 2014, the Company issued additional 59,000,000 shares of its common stock at par value for an aggregated amount of $5,900 in cash. Accordingly, the total outstanding of common stock is 60,000,000 shares as at September 30, 2014. These securities cannot be sold, transferred or otherwise disposed of by any investor to any other person or entity unless subsequently registered under the Securities Act of 1933, as amended, and under applicable law of the state or jurisdiction where sold, transferred or disposed of, unless such sale, transfer or disposition shall qualify under an allowed exemption to such registration.F-9

~~Hung Seng Tan is appointed as the Executive~~IMPAIRMENT ~~Director~~OF ~~and~~LONG-LIVED Guan Chuan Tan is appointed as the Director of the Company during the period. Ban Siong Ang is appointed as Managing Director and serves as Chief Executive Officer subsequent to the appointment of new Directors.ASSETS

40 The Group evaluates its long-lived assets for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. When these events occur, the Group measures impairment by comparing the carrying amount of the assets to future undiscounted net cash flows expected to result from the use of the assets and their eventual disposition. If the sum of the expected undiscounted cash flows is less than the carrying amount of the assets, the Group recognizes an impairment loss equal to the difference between the carrying amount and fair value of these assets. There is no impairment as of December 31 2016.

~~HEYU~~BUSINESS TAX ~~LEISURE~~AND ~~HOLIDAYS~~RELATED ~~CORPORATION~~TAXES

~~Notes~~The Group is subject to ~~Consolidated~~business ~~Financial~~tax, ~~Statements~~education surtax and urban maintenance and construction tax on the services provided in the PRC. Such taxes are primarily levied based on revenue at applicable rates and are recorded as a reduction of revenue.

~~On February 9, 2015, Heyu Leisure Holiday~~INCOME Corp. (“Heyu Leisure” or the “Company” or the “Registrant” ) merged with Heyu Capital Ltd (“Heyu Capital”), a corporation existing under the laws of Hong Kong (Special Administrative Region of the PRC). Pursuant to the merger, the Company acquired all of the outstanding common shares of Heyu Capital through the issuance of common shares of the Company to the shareholders of Heyu Capital.TAX

AsThe Group ahas ~~result~~implemented certain provisions of ASC 740, Income Taxes (“ASC 740”), which clarifies the ~~Merger~~accounting and ~~pursuant~~ todisclosure ~~the~~for ~~Resolution~~uncertain tax positions, ~~Heyu~~as ~~Capital~~defined. ~~has~~ASC ~~become~~740 aseeks ~~wholly-owned~~to ~~subsidiary~~reduce the diversity in practice associated with certain aspects of the ~~Company~~recognition and ~~the~~measurement ~~Company~~related ~~issued~~to ~~shares~~accounting offor ~~its~~income ~~common~~taxes. Deferred tax assets and liabilities are recognized ~~stock~~for the future tax consequences attributable to ~~shareholders~~temporary ofdifferences ~~Heyu~~between ~~Capital~~the atfinancial astatement ~~rate~~carrying amounts of ~~1,000~~existing assets ~~shares~~and liabilities and their respective tax bases. Valuation allowances are established when it is more likely than not that some or all of the ~~Registrant’s~~deferred ~~common~~tax ~~stock~~assets ~~for~~will ~~all~~not ~~Heyu~~be ~~Capital~~realized. ~~common~~The Group adopted the provisions of ASC 740 and have analyzed filing ~~share.~~positions ~~Immediately~~in ~~prior~~each PRC jurisdictions where we are required to ~~the~~file ~~Merger~~income tax returns, as well as all open tax years in these jurisdictions. The Group has identified the ~~Registrant~~PRC ~~had~~as 60our “major” tax jurisdiction. Generally,~~000,000~~ ~~shares~~the Group remains subject to PRC examination of ~~common~~our ~~stock~~income ~~outstanding~~tax returns annually.

~~Following~~The Group ~~the~~believes ~~Merger~~that our income tax positions and deductions will be sustained by an audit and do not anticipate any adjustments that will result in a material change to our financial position. Therefore, no reserves for uncertain income tax positions have been recorded pursuant to ASC 740. In addition, the ~~Company~~Group ~~has~~did 60not record a cumulative effect adjustment,~~001,000 shares~~ related to the adoption of ~~common~~ASC ~~stock~~740. ~~outstanding~~Our ~~after~~policy ~~the~~for ~~share~~recording ~~exchange~~interest and ~~the~~penalties ~~issuance~~associated ofwith ~~1,000~~income-based ~~common~~tax ~~shares~~audits is to ~~the~~record ~~shareholder~~such ofitems ~~Heyu~~as ~~Capital~~a component of income taxes.

~~NOTE 11 RELATED PARTY TRANSACTIONS~~INTANGIBLE ASSETS

~~Parties~~Intangible assets ~~are~~with ~~considered~~definite touseful ~~be related if one party has the ability~~lives, ~~directly~~ orrepresenting ~~indirectly~~software, toare ~~control~~amortized ~~the other party or exercise significant influence~~ over ~~the~~their ~~other~~estimated ~~party~~useful inlives ~~making~~of ~~financial~~5 ~~and operational~~years ~~decisions.~~using ~~Parties are also considered to be related if they are subject to common control or common significant influence.~~the ~~Related~~straight-line ~~parties~~method, ~~may~~which berepresents ~~individuals~~the oreconomic ~~corporate~~benefit ~~entities.~~pattern ~~Those related parties are controlled by Ang Ban Siong and who is served as the Director~~ of the ~~companies~~intangible assets.

~~Amount due from related parties are related to the advances to stockholder/ related companies as $194,322 and $123,812 respectively for December 31 2015 and 2014.~~LEASE

~~Amount~~A lease ~~due~~of towhich asubstantially ~~related~~all ~~party~~the isbenefits ~~comprised~~and ofrisks ~~the~~incidental ~~advances~~to ~~from the~~ownership ~~stockholder/~~remain ~~related~~with ~~companies~~the ~~for~~lessor ~~working~~is ~~capital~~classified ~~of group~~ as ofan $operating lease. ~~1,192,387~~The ~~and~~Group ~~$515,980~~is ~~respectively~~currently ~~for~~classified ~~December~~it 31as ~~2015 and~~operating ~~2014~~lease.

41CONCENTRATION OF RISK

~~SIGNATURES~~Financial instruments that potentially expose the Group to concentrations of credit risk consist principally of cash, accounts receivable, and amount due from related parties. The Group places its cash with high quality banking institutions. The Group didn’t have cash balances in excess of the Federal Deposit Insurance Corporation limit as of December 31, 2016 and December 31, 2015 respectively. And the Group periodically evaluates the creditworthiness of the existing customers in determining an allowance for doubtful accounts primarily based upon the age of the receivables and factors surrounding the credit risk of specific customers.

~~Pursuant to the requirements of Section~~FAIR ~~13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.~~VALUE

	HEYU LEISURE HOLIDAYS CORPORATION
	Formerly Cloud Run Acquisition Corporation
	By:	/s/ Ban Siong Ang
		Chief Executive Officer (Principal Executive Officer)
Dated: August 03, 2016
	By:	/s/ Ban Siong Ang
		Interim Chief Financial Officer (Principal Financial Officer)

The Group follows guidance for accounting for fair value measurements of financial assets and financial liabilities and for fair value measurements of nonfinancial items that are recognized or disclosed at fair value in the financial statements on a recurring basis. The guidance establishes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to measurements involving significant unobservable inputs (Level 3 measurements). The three levels of the fair value hierarchy are as follows:

~~Dated:~~Level ~~August~~1 ~~03,~~inputs ~~2016~~are quoted prices (unadjusted) in active markets for identical assets or liabilities that the Group has the ability to access at the measurement date.

~~Pursuant to the Securities Exchange Act~~Level of2 ~~1934,~~inputs ~~this~~are ~~report~~inputs ~~has~~other ~~been~~than ~~signed~~quoted ~~below~~prices byincluded ~~the~~within ~~following~~Level ~~persons~~1 onthat ~~behalf~~are ofobservable ~~the~~for ~~registrant and in~~ the ~~capacities~~asset ~~and~~or onliability, ~~the~~either directly ~~dates~~or ~~indicated~~indirectly.

NAME		OFFICE		DATE
/s/ Ban Siong Ang		Director		August 03, 2016

Level 3 inputs are unobservable inputs for the asset or liability.

42 F-10

The Group monitors the market conditions and evaluates the fair value hierarchy levels at least quarterly. For any transfers in and out of the levels of the fair value hierarchy, the Group elects to disclose the fair value measurement at the beginning of the reporting period during which the transfer occurred.

FOREIGN CURRENCY TRANSLATION

The functional and reporting currency of the Company is the United States dollar ("U.S. dollar"). The financial records of the Company located in the Hong Kong and PRC are maintained in their local currency, the Renminbi ("RMB") and Hong Kong Dollar (“HKD”), which are the functional currency of these entities.

COMPREHENSIVE INCOME (LOSS)

Comprehensive income (loss) is defined to include all changes in equity except those resulting from investments by owners and distributions to owners. Among other disclosures, ASC 220, Comprehensive Income requires that all items are required to be recognized under current accounting standards as components of comprehensive loss are reported in a financial statement that is displayed with the same prominence as other financial statements. For the periods presented, the Group’s comprehensive loss includes net loss and foreign currency translation adjustments and is presented in the statements of operations and comprehensive loss.

CONCENTRATION OF RISK

RECENT ACCOUNTING PRONOUNCEMENTS

In February 2016, the FASB issued ASU No. 2016-02, “Leases (Topic 842)”, to increase the transparency and comparability about leases among entities. The new guidance requires lessees to recognize a lease liability and a corresponding lease asset for virtually all lease contracts. It also requires additional disclosures about leasing arrangements. ASU 2016-02 is effective for interim and annual periods beginning after December 15, 2018, and requires a modified retrospective approach to adoption. Early adoption is permitted. The Company does not expect that the adoption of this guidance will have a material impact on its consolidated financial statements.

In August 2016, the FASB issued ASU No. 2016-15, “Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments, to address diversity in how certain cash receipts and cash payments are presented and classified in the statement of cash flows”. The amendments provide guidance on the following eight specific cash flow issues: (1) Debt Prepayment or Debt Extinguishment Costs; (2) Settlement of Zero-Coupon Debt Instruments or Other Debt Instruments with Coupon Interest Rates That Are Insignificant in Relation to the Effective Interest Rate of the Borrowing; (3) Contingent Consideration Payments Made after a Business Combination; (4)Proceeds from the Settlement of Insurance Claims; (5) Proceeds from the Settlement of Corporate-Owned Life Insurance Policies, including Bank-Owned; (6) Life Insurance Policies; (7) Distributions Received from Equity Method Investees; (8) Beneficial Interests in Securitization Transactions; and Separately Identifiable Cash Flows and Application of the Predominance Principle. The amendments are effective for public business entities for fiscal years beginning after December 15, 2017, and interim periods within those fiscal years. Early adoption is permitted, including adoption in an interim period. The amendments should be applied using a retrospective transition method to each period presented. If it is impracticable to apply the amendments retrospectively for some of the issues, the amendments for those issues would be applied prospectively as of the earliest date practicable. The Company does not expect that the adoption of this guidance will have a material impact on its consolidated financial statements.

In October 2016, the FASB issued ASU 2016-16, “Income Taxes (Topic 740): Intra-Entity Transfer of Assets Other than Inventory”, which requires the recognition of the income tax consequences of an intra-entity transfer of an asset, other than inventory, when the transfer occurs. ASU 2016-06 will be effective for the Company in its first quarter of 2019. The Company does not expect that the adoption of this guidance will have a material impact on its consolidated financial statements.

F-11

In October 2016, the FASB issued ASU 2016-17, “Consolidation (Topic 810): Interests Held through Related Parties That Are under Common Control”. The amendments affect reporting entities that are required to evaluate whether they should consolidate a variable interest entity in certain situations involving entities under common control. Specifically, the amendments change the evaluation of whether a reporting entity is the primary beneficiary of a variable interest entity by changing how a reporting entity that is a single decision maker of a variable interest entity treats indirect interests in the entity held through related parties that are under common control with the reporting entity. The amendments are effective for public business entities for fiscal years beginning after December 15, 2016, including interim periods within those fiscal years. Early adoption is permitted. The Company does not expect that the adoption of this guidance will have a material impact on its consolidated financial statements.

In May 2014, the FASB issued ASU No. 2014-09, “Revenue from Contracts with Customers (Topic 606)”. ASU 2014-09 requires an entity to recognize the amount of revenue to which it expects to be entitled for the transfer of promised goods or services to customers. ASU 2014-09 will replace most existing revenue recognition guidance in U.S. Generally Accepted Accounting Principles when it becomes effective and permits the use of either the retrospective or cumulative effect transition method. The guidance also requires additional disclosure about the nature, amount, timing and uncertainty of revenue and cash flows arising from customer contracts. In August 2015, the FASB issued ASU No. 2015-14, “Deferral of the Effective Date”, which defers the effective date for ASU 2014-09 by one year. For public entities, the guidance in ASU 2014-09 will be effective for annual reporting periods beginning after December 15, 2017 (including interim reporting periods within those periods), which means it will be effective for the Company’s fiscal year beginning January 1, 2018. In March 2016, the FASB issued ASU No. 2016-08, “Principal versus Agent Considerations (Reporting Revenue versus Net)”, which clarifies the implementation guidance on principal versus agent considerations in the new revenue recognition standard. In April 2016, the FASB issued ASU No. 2016-10, “Identifying Performance Obligations and Licensing”, which reduces the complexity when applying the guidance for identifying performance obligations and improves the operability and understandability of the license implementation guidance. In May 2016, the FASB issued ASU No. 2016-12 “Narrow-Scope Improvements and Practical Expedients”, which amends the guidance on transition, collectability, noncash consideration and the presentation of sales and other similar taxes. In December 2016, the FASB further issued ASU 2016-20, “Technical Corrections and Improvements to Topic 606, Revenue from Contracts with Customers”, which makes minor corrections or minor improvements to the Codification that are not expected to have a significant effect on current accounting practice or create a significant administrative cost to most entities. The amendments are intended to address implementation issues that were raised by stakeholders and provide additional practical expedients to reduce the cost and complexity of applying the new revenue standard. These amendments have the same effective date as the new revenue standard. Preliminarily, we plan to adopt Topic 606 in the first quarter of our fiscal 2018 using the retrospective transition method, and are continuing to evaluate the impact our pending adoption of Topic 606 will have on our consolidated financial statements. The Company’s current revenue recognition policies are generally consistent with the new revenue recognition standards set forth in ASU 2014-09. Potential adjustments to input measures are not expected to be pervasive to the majority of the Company’s contracts. While no significant impact is expected upon adoption of the new guidance, the Company will not be able to make that determination until the time of adoption based upon outstanding contracts at that time.

In January 2017, the FASB issued ASU No. 2017-01, “Business Combinations (Topic 805): Clarifying the Definition of a Business”. The amendments in this ASU clarify the definition of a business with the objective of adding guidance to assist entities with evaluating whether transactions should be accounted for as acquisitions (or disposals) of assets or businesses. Basically these amendments provide a screen to determine when a set is not a business. If the screen is not met, the amendments in this ASU first, require that to be considered a business, a set must include, at a minimum, an input and a substantive process that together significantly contribute to the ability to create output and second, remove the evaluation of whether a market participant could replace missing elements. These amendments take effect for public businesses for fiscal years beginning after December 15, 2017 and interim periods within those periods, and all other entities should apply these amendments for fiscal years beginning after December 15, 2018, and interim periods within annual periods beginning after December 15, 2019. The Company does not expect that the adoption of this guidance will have a material impact on its consolidated financial statements.

Other recent accounting pronouncements issued by the FASB (including its Emerging Issues Task Force) and the United States Securities and Exchange Commission did not or are not believed by management to have a material impact on the Company's present or future financial statements.

F-12

NOTE 2 - PROPERTY AND EQUIPMENT, NET

Property and equipment, net consist of the following:

	As of December 31, 2016			As of December 31, 2015
Cost:
Leasehold improvement	$	133,640		$	142,967
Furniture, fixtures and equipment		440,376			471,110

Total Cost:		574,016			614,077
Less: Accumulated depreciation		(434,490	)		(336,301	)

Total:	$	139,526		$	277,776

Depreciation expense was $125,5671 and $120,468 for the period ended December 31, 2016 and December 31, 2015, respectively.

NOTE 3 - DEPOSIT, NON-CURRENT

	As of December 31, 2016		As of December 31, 2015

Deposit for lease of the hotel building	$	22,538	$	21,138

The deposit is made to shareholder for the lease of the hotel building. The deposit is refundable upon the lease expiring on September 30, 2025.

The long term deposits are not within the scope of the accounting guidance regarding interests on receivables and payables, because they are intended to provide security for the counterparty to the office rental agreements. Therefore, the deposits are recorded at costs.

NOTE 4 - OTHER PAYABLE

	As of December 31, 2016		As of December 31, 2015
Payroll Payable	$	171,515	$	117,590
Rent Payable		241,976		69,167
Audit Payable		37,125		-
Deposit Payable		19,442		-
Total:	$	470,058	$	186,757

F-13

NOTE 5 - INCOME TAX PAYABLE

United States

Heyu Leisure Holidays Corporation is incorporated in United States, and is subject to corporate income tax rate of 34%. As of December 31, 2016, the company has net operating losses of approximately $288,860 that begin expiring in 2032. The potential benefit of the company’s net operating losses has not been recognised in these financial statements because the company cannot be assured it is more likely-than-not it will utilize the net operating losses carried forward.

Hong Kong

Heyu Capital Limited is subject to Hong Kong profit tax at a rate of 16.5% in 2015 and 2016. No Hong Kong profit tax has been provided as the Group has not had assessable profit that was earned in or derived from Hong Kong during the period presented. As of December 31, 2016, HK entity has net operating losses of approximately $4,685,200. Valuation allowance has been fully provided since it is more likely-than-not it will not utilize the net operating losses carried forward as it does not expect to generate sufficient taxable income in future or the amount involved is not significant.

China

Under the Law of People’s Republic of China on Enterprise Income Tax (“EIT Law”), which was effective from January 1, 2008, domestically-owned enterprises and foreign-invested enterprises are subject to a uniform tax rate of 25%. As of December 31, 2016, the PRC entities have net operating losses of approximately $1,763,988 that begin expiring in 2019. The potential benefit of the company’s net operating losses has not been recognized in these financial statements because it is more likely-than-not it will not utilize the net operating losses carried forward as it does not expect to generate sufficient taxable income in future or the amount involved is not significant

	December 31, 2016			December 31, 2015
Deferred Tax Assets and Liabilities:
Net operating loss carry forwards	$	1,312,267		$	1,085,288
Valuation allowance		(1,312,267	)		(1,085,288	)
Net deferred tax assets	$	-		$	-

The Taxes payable was $40,563 and $38,505 as of December 31, 2016 and December 31, 2015:

	As at December 31, 2016		As at December 31, 2015
Business tax payable	$	27,224		25,619
Urban Construction tax payable		1,891		1,793
Others		11,448		11,093

Total	$	40,563	$	38,505

F-14

NOTE 6 - COMMITMENT

Operating lease commitment

The Group has entered into lease agreements for a leased hotel which it operates and for an office. Such lease is classified as operating lease.

As of December 31, 2016, the Company had only one leased hotel with the area of 3,000 square meters in operation, namely Wu JiaEr Hotel, which is located at 4F, Lotus Building, No 194 Jiahe Road, Siming District, Xiamen, China. Under lease arrangement, the company pays a quarterly rental rate of RMB 420,000 (approximately $67,740). The lease was signed October 1, 2013 for a term of ten years and is set to expire September 30, 2025. As of reporting date, the Company is negotiating the termination of the lease in connection with the cease of operation of Wu JiaEr Hotel.

The Company leases an office in Danyuan 10, District C, Floor 6, Building 32, Shiding Road, Siming District, Xiamen City, Fujian Province. The lease was commenced and used from July 13, 2016 and will expire on July 12, 2017. The monthly rent is RMB 21,000.0 0 (approximately $3,160).

Future minimum lease payments under non-cancellable lease agreement as follow:

Year:

2017	$	275,952
2018		256,636
2019		263,051
2020		282,299
2021 and after		1,425,610
	$	2,503,548

Under the lease arrangements, the Group pay rent on a quarterly basis.

NOTE 7 - LOSS PER COMMON SHARE

Basic loss per common share excludes dilution and is computed by dividing net loss by the weighted average number of common shares outstanding during the period. Diluted loss per common share reflects the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock or resulted in the issuance of common stock that then shared in the loss of the entity. As of December 31, 2016 and December 31, 2015, there are no outstanding dilutive securities.

NOTE 8 - GOING CONCERN

The Group has sustained operating losses of $6,738,047 since inception. The Group’s continuation as a going concern is dependent on management’s ability to develop profitable operations, and / or obtain additional financing from its stockholders and / or other third parties.

The accompanying financial statements have been prepared assuming that the Group will continue as a going concern; however, the above conditions raise substantial doubt about the Group’s ability to do so. The financial statements do not include any adjustments to reflect the possible future effects on the recoverability and classification of assets or the amounts and classifications of liabilities that may result should the Group be unable to continue as a going concern.

In order to maintain its current level of operations, the Company will require additional working capital from either cash flow from operations or from the sale of its equity. However, the Company currently has no commitments from any third parties for the purchase of its equity. If the Company is unable to acquire additional working capital, it will be required to significantly reduce its current level of operations.

F-15

NOTE 9 - STOCKHOLDER'S EQUITY/(Deficit)

The Company is authorized to issue 100,000,000 shares of common stock and 20,000,000 shares of preferred stock.

The Company redeemed an aggregate of 20,000,000 of the then 20,000,000 shares of outstanding stock at a redemption price of $.0001 per share for an aggregate redemption price of $2,000.

Ban SiongAng was named as Sole Director of the Company and serves as its Chief Executive Officer. On January 14, 2014, the Company issued 1,000,000 shares of its common stock at par representing 100% of the then total outstanding 1,000,000 shares of common stock.

Hung Seng Tan is appointed as the Executive Director and Guan Chuan Tan is appointed as the Director of the Company during the period. Ban SiongAng is appointed as Managing Director and serves as Chief Executive Officer subsequent to the appointment of new Directors

On February 9, 2015, Heyu Leisure Holiday Corp. (“Heyu Leisure” or the “Company” or the “Registrant”) merged with Heyu Capital Ltd (“Heyu Capital”), a corporation existing under the laws of Hong Kong (Special Administrative Region of the PRC). Pursuant to the merger, the Company acquired all of the outstanding common shares of Heyu Capital through the issuance of common shares of the Company to the shareholders of Heyu Capital.

As a result of the Merger and pursuant to the Resolution, Heyu Capital has become a wholly-owned subsidiary of the Company and the Company issued shares of its common stock to shareholders of Heyu Capital at a rate of 1,000 shares of the Registrant’s common stock for all Heyu Capital common share. Immediately prior to the Merger, the Registrant had 60,000,000 shares of common stock outstanding.

Following the Merger, the Company has 60,001,000 shares of common stock outstanding after the share exchange and the issuance of 1,000 common shares to the shareholder of Heyu Capital.

NOTE 10 - RELATED PARTY TRANSACTIONS

Parties are considered to be related if one party has the ability, directly or indirectly, to control the other party or exercise significant influence over the other party in making financial and operational decisions. Parties are also considered to be related if they are subject to common control or common significant influence. Related parties may be individuals or corporate entities. Those related parties are controlled by Ang Ban Siong and who is served as the Director of the companies.

Amount due from related parties are related to the advances to stockholder/ related companies as $23,886 and $194,322 respectively for December 31 2016 and 2015. These receivables are interest free, due on demand and without collateral.

Amount due to a related party is comprised of the advances from the stockholder/ related companies for working capital of group as of $1,257,961 and $1,192,387 respectively for December 31 2016 and 2015. These receivables are interest free, due on demand and without collateral.

NOTE 11 - SUBSEQUENT EVENTS

Management has evaluated subsequent events through May 26, 2017, the date which the financial statements were available to be issued. All subsequent events requiring recognition as of December 31, 2016 have been incorporated into these financial statements and there are no subsequent events that require disclosure in accordance with FASB ASC Topic 855, Subsequent Events.

F-16

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