Wave Sync Corp.
Business Description
EGOOS BVI, a British Virgin Islands business company, acts as a holding company
and indirectly controls Guangzhou Yuzhi (a variable interest entity in China)
and its Subsidiaries. EGOOS BVI’s sole source of income and operations is
through its indirect, contractual control of Guangzhou Yuzhi and its Subsidiaries.
Based in the city of Guangzhou, Guangdong Province, China, Guangzhou Yuzhi and
Guangzhou Rongsheng are principally engaged in software and information technology
services and share full-time employees with Shenzhen Exce-card.
Shenzhen Exce-card is based in the city of Guangzhou, Guangdong Province, China,
with a business development department in New York, NY. Additionally, Shenzhen
Exce-card has entered into a partnership agreement with UINT France located in
Saint Aubin, France (“UINT”), amended and supplemented by an amendment
dated March 27, 2015 (as amended and supplemented, the “Partnership Agreement”),
pursuant to which UINT is engaged by Shenzhen Exce-card to conduct product research
and development (“R&D”) and other related services in connection
with new audio signals, testing and producing new inlays for audio bank card and
assisting the card manufacturers with lamination test, new generation of audio
card, and assisting the card manufacturers with certification of the new audio
card products.
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