UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-K

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

For the fiscal year ended AUGUST 31, ~~2020~~2021

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

For the transition period from ___________ to ___________

COMMISSION FILE NO. 333-213996

TEMIR CORP.

(Exact name of registrant as specified in its charter)

Nevada

(State or Other Jurisdiction of Incorporation or Organization)

98-1321204		7999
IRS Employer Identification Number		Primary Standard Industrial Classification Code Number

Temir Corp.

Suite 1802-03, 18^th Floor, Strand 50, 50 Bonham Strand, Sheung Wan, Hong Kong

Tel. 852-28527388

Email: rchan@jtifs.com.hk

(Address and telephone number of registrant’s executive office)

Securities registered pursuant to Section 12(b) of the Act: None

Securities registered pursuant to Section 12(g) of the Act: None

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Common Stock		TMRR		OTC Markets

Indicate by check mark whether the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes ☐ No ☒

Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes ☐ No ☒

Indicate 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 shorter period that the registrant as required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☒ No ☐

Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K 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. Yes ☐ No ☒

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

Large accelerated filer	☐	Accelerated filer	☐
Non-accelerated filer	☐	Smaller reporting company	☒
		Emerging growth company	☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 7(a)(2)(B) of the Securities Act. ☐

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

As of ~~December~~February 1226, ~~2020~~2021, the registrant had 6,692,182 shares of common stock issued and outstanding, while as of August 31, 2021, the registrant had 7,622,415 shares of common stock issued and outstanding. NoAs of February 26, 2021, the last business day of the registrant’s second quarter of most recently completed fiscal year, the aggregate market value ~~has~~of ~~been~~the ~~computed~~common ~~based~~stock ~~upon~~held by non-affiliates of the ~~fact~~registrant ~~that~~was noapproximately ~~active~~$33.13 million based on ~~trading~~the ~~market~~closing ~~has~~price ~~been~~of ~~established~~$19.5 for the registrant’s common stock as ofreported ~~December~~on ~~12,~~the ~~2020~~OTC Market.

Table Of Contents

	Part I
Item 1	Description Of Business	1
Item 1a	Risk Factors	45
Item 1b	Unresolved Staff Comments	1018
Item 2	Properties	1018
Item 3	Legal Proceedings	1018
Item 4	Submission Of Matters To A Vote Of Security Holders	1018
	Part II
Item 5	Market For Common Equity And Related Stockholder Matters	1119
Item 6	Selected Financial Data	1119
Item 7	Management’s Discussion And Analysis Of Financial Condition And Results Of Operations	1119
Item 7a	Quantitative And Qualitative Disclosures About Market Risk	1624
Item 8	Financial Statements And Supplementary Data	17F-1
Item 9	Changes In And Disagreements With Accountants On Accounting And Financial Disclosure	1825
Item 9a	Controls And Procedures	1825
Item 9b	Other Information	1926
Item 9c	Disclosure Regarding Foreign Jurisdictions that Prevent Inspections	26
	Part III
Item 10	Directors, Executive Officers, Promoters And Control Persons Of the Company	2027
Item 11	Executive Compensation	2129
Item 12	Security Ownership Of Certain Beneficial Owners And Management And Related Stockholder Matters	2230
Item 13	Certain Relationships, Related Transactions And Director Independence	2230
Item 14	Principal Accountant Fees And Services	2331
	Part IV
Item 15	Exhibits And Financial Statement Schedules	2432

PART I

ITEM 1. DESCRIPTION OF BUSINESS

FORWARD-LOOKING STATEMENTS

This annual report contains forward-looking statements. These statements relate to future events or our future financial performance. These statements often can be identified by the use of terms such as “may,” “will,” “expect,” “believe,” “anticipate,” “estimate,” “approximate” or “continue,” or the negative thereof. We intend that such forward-looking statements be subject to the safe ~~harbors~~harbours for such statements. We wish to caution readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made. Any forward-looking statements represent management’s best judgment as to what may occur in the future. However, forward-looking statements are subject to risks, uncertainties and important factors beyond our control that could cause actual results and events to differ materially from historical results of operations and events and those presently anticipated or projected. We disclaim any obligation subsequently to revise any forward-looking statements to reflect events or circumstances after the date of such statement or to reflect the occurrence of anticipated or unanticipated events.

As used in this annual report, the terms “we”, “us”, “our”, “Temir”, “the Company”, mean TEMIR CORP., unless otherwise indicated.

All dollar amounts refer to US dollars unless otherwise indicated.

DESCRIPTION OF BUSINESS

Our Corporate History, Background and ~~Background~~Business

~~Temir~~TEMIR ~~Corp~~CORP. (~~OTCQB:~~“Temir” ~~TMRR)~~or ~~were~~the ~~incorporated~~“Company”) is a corporation established under the corporation laws in the State of Nevada on May 19, 2016. WeThe ~~commence~~Company commenced operations in tourism. Temir ~~Our~~Corp. ~~principal~~was ~~office~~a ~~address~~travel isagency ~~located~~that atorganized ~~Suite~~individual ~~1802-03~~and group tours in Kyrgyzstan, ~~18th Floor,~~ ~~Strand~~such 50as cultural, 50recreational, ~~Bonham~~sport, ~~Strand~~business, ecotours ~~Sheung~~and ~~Wan~~other travel tours. The company’s principal executive offices are located at 54 Frukovaya Street, ~~Hong~~Bishkek, ~~Kong~~Kyrgyzstan 720027.

~~Our~~On July 15, 2019, the Company’s principal office relocated to Room 1204-06, 12/F, 69 Jervois Street, Sheung Wan, Hong Kong. On January 15, 2020, the Company’s principal office has been relocated to Suite 1802-03, 18/F, Strand 50, 50 Bonham Strand, Sheung Wan, Hong Kong. The management of Temir ~~Business~~Corp is planning to restructure the Company’s business from travel agency to a Fintech Company with major business focusing on financials services and using the internet, mobile devices, software technology or cloud services to perform or connect with financial services.

~~The~~JTI Company was a travel agency that organized individual and group tours in Kyrgyzstan, such as cultural, recreational, sport, business ecotours and other travel tours. Services and products provided by our Company included custom packages according to the client’s specifications. We developed and offered our own tours in Kyrgyzstan as well as third-party suppliers.Group

~~While~~On weApril ~~are~~2, ~~retaining~~2020, ~~our~~the ~~Temir~~Company, ~~business~~as purchaser, and ~~our~~Ace ~~primary~~Vantage ~~business~~Investments ~~has~~Limited ~~changed~~(equally held by Mr. Roy Kong Hoi Chan (an executive director and president of the Company, “Mr. Roy Chan”) and his father) as vendor (the “Vendor”) entered into a sale and purchase agreement (the “Agreement”) with respect to the acquisition (the “Transaction”) of the entire issued share capital of JTI Financial Services Group Limited (“JTI”) onfor ~~April~~a 2consideration of $4, ~~2020~~686,272, which would be satisfied by the allotment and issuance of the shares of the Company.

~~Reverse~~Under ~~Acquisition~~the terms and conditions of the Agreement, the Company offered, sold and issued 1,874,508 shares of common stock of the Company as consideration shares (the “Consideration Shares”) at the issue price of $2.5 per Consideration Share for the acquisition of all the issued share capital of JTI.

On ~~April~~ 2June 30, 2020, ~~the~~pursuant ~~Company~~to ~~as purchaser and~~ the ~~Vendor~~amendment ~~entered into~~ to the Agreement, ~~with~~the ~~respect~~parties agreed to ~~the~~adjust ~~acquisition~~(i) of the ~~entire issued~~consideration ~~share capital~~ of ~~JTI~~the ~~for~~Transaction afrom ~~consideration of~~ $4,686,272, ~~which~~to ~~will~~$10,295,455; ~~be satisfied by the allotment~~ and ~~issue~~(ii) of the ~~shares~~number of ~~the~~Consideration ~~Company.~~Shares ~~Mr.~~from ~~Roy Chan~~1,874,508 anshares ~~executive~~to ~~director~~4,118,182 ~~and~~Consideration ~~president~~Shares. The effect of the ~~Company,~~issuance ~~was~~is ~~holding~~that ~~50% shareholding in~~ the Vendor ~~prior~~will hold toapproximately ~~the Transaction~~61. ~~The remaining 50~~54% ~~equity~~of ~~interest in~~ the ~~Vendor~~issued isand ~~held~~outstanding byshares ~~the father~~ of ~~Mr.~~the ~~Roy Chan~~Company.

~~Under the terms and conditions of the Agreement, the Company offered, sold and issued~~ 1,874,508 shares of common stock of the Company as Consideration Shares at the issue price of $2.5 per Consideration Share for the acquisition of all the issued share capital of JTI (the “Transaction”).

~~On April~~Mr. ~~29,~~Roy ~~2020~~Chan, the ~~Company~~founder asof ~~purchaser~~JTI, ~~and~~an ~~the~~executive director ~~Vendor~~and ~~entered~~president ~~into~~of the ~~Amendment~~Company, tois the ~~Agreement.~~holder ~~Pursuant~~of ~~to the Amendment~~629, ~~the~~350 ~~parties~~shares ~~have~~of ~~agreed~~common tostock ~~extend~~of the ~~Long~~Company ~~Stop~~prior ~~Date (as defined in the Agreement)~~ to ~~June 30, 2020 or such later date as may be agreed between~~ the ~~Vendor and the Company~~Transaction.

~~On June~~After 30the issuance of 4,118,182 ~~2020~~Consideration Shares, ~~the~~Vender ~~Company~~holds as61.54% ~~purchaser~~issued and ~~the~~outstanding ~~Vendor~~shares ~~entered~~of ~~into~~Temir ~~the~~and ~~Second~~collectively ~~Amendment~~with toMr. ~~the~~Roy ~~Agreement~~Chan and ~~the Amendment~~Mr. ~~Pursuant to~~Chan ~~the~~Hip ~~Second~~Fong ~~Amendment, the parties have agreed to further extend the Long Stop Date~~ (asfather ~~defined~~of Mr inRoy ~~the Agreement~~Chan) totogether ~~July~~hold ~~31, 2020~~70.94% orissued ~~such~~and ~~later~~outstanding ~~date~~shares asof ~~may be agreed between the Vendor and the Company~~Temir.

~~On June~~Upon ~~30,~~completion ~~2020,~~of the ~~Company~~Transactions ason ~~purchaser~~July ~~and the Vendor entered into the Third Amendment to the Agreement~~6, ~~the Amendment and the~~ ~~Second Amendment. Pursuant to the Third Amendment~~2020, ~~the~~JTI ~~parties~~became ~~have~~a ~~agreed~~wholly-owned tosubsidiary ~~adjust (i) the consideration~~ of ~~the~~Temir. ~~Transaction from~~For ~~US$4,686,272~~financial toaccounting ~~US$10~~purposes,~~295,455;~~ ~~and (ii)~~ the ~~number~~share ofexchange ~~Consideration~~was ~~Shares~~accounted ~~from~~for ~~1,874,508~~as ~~shares~~a ~~to 4,118,182 Consideration~~reverse ~~Shares.~~acquisition ~~Save~~by ~~as disclosed above~~JTI, ~~all~~and ~~the~~resulted ~~other terms~~ in ~~the~~a ~~Agreement~~recapitalization, ~~remain~~with ~~unchanged~~JTI ~~and~~being inthe ~~full~~accounting ~~force~~acquirer and ~~effect.~~Temir ~~The~~as ~~effect of~~ the ~~issuance~~acquired ~~is that the Vendor will hold approximately 61~~entity.~~54% of the issued and outstanding shares of common stock of the Company.~~

~~The~~JTI ~~revised~~was ~~consideration~~incorporated ~~has~~in ~~been~~Hong ~~determined and~~Kong, ~~agreed~~China ~~between the parties~~ on ~~an arm’s length basis based on the potential growth of JTI and after taking into account~~February ~~the market conditions~~8, ~~and the Board considers that the entering into of the Third Amendment is fair and reasonable and is in the interest of the Company and its shareholders as a whole~~2019.

1The Company through its subsidiaries provide diversified financial services. JTI has four operating subsidiaries and one investment subsidiary, namely, JTI Finance Limited (“JF”), Concept We Mortgage Broker Limited (“CW”), JTI Property Agency Limited (“JP”) and JTI Asset Management Limited (“JA”) and Temir Logistics Industrial Park Limited (“Temir Logistics’) is an investment holding company.

~~Mr. Roy Chan, the founder of JTI, an executive director and president of the Company, is the holder of 629,350 shares of common stock of the Company prior to the~~ Transaction~~. The~~ ~~Company’s~~re ~~officers~~Bac ~~and~~Giang ~~directors,~~International ~~Mr.~~Logistics ~~Roy Chan, Mr~~Co. ~~Mark Yip and Mr. Brian Wong~~, ~~control an aggregate of 4,993,412 or 74~~Ltd.~~62%, of the outstanding common stock of the Company, on a fully diluted basis, after the Transaction.~~

Name and Address of Beneficial Owner	Amount and Nature of Beneficial Ownership		Percentage of Common Stock
Roy Kong Hoi Chan		629,350		9.40	%
Brian Hung Ngok Wong		244,630		3.66	%
Mark Ko Chiu Yip		1,250		0.02	%
Ace Vantage Investments Limited		4,118,182		61.54	%
Total		4,993,412		74.62	%

On May 20, 2021, the Company, Hainan Qicheng Asset Management Joint Stock Company (“Hainan”) and Temir Logistics entered into a sale and purchase agreement (“SPA”), pursuant to which the Company shall issue 930,233 shares of the Company at a price of $21.5 per share, valued at $20,000,000 in exchange of 10% shareholding in Bac Giang International Logistics Co., Ltd. Bac Giang is a company incorporated in the Socialist Republic of Vietnam, the principal business of which is to build and run a modern international logistics park in Bac Giang Province, Vietnam. 930,233 shares of the Company were issued to the nominee of Hainan on June 8, 2021. Based on the SPA, 930,233 shares were issued within one month from the signing date of SPA. The transfer of shares of Bac Giang will be completed within 3 years from the date of SPA.

~~Upon completion,~~ Temir Logistics is ~~interested~~a inwholly owned subsidiary of the ~~entire~~Company, ~~equity~~which ~~interest~~is incorporated in ~~JTI,~~Hong ~~and~~Kong ason ~~such~~May 17, ~~JTI~~2021, ~~became~~principally aengaged ~~wholly-owned~~in ~~subsidiary~~investment ~~of Temir~~holding. ~~JTI~~It was ~~incorporated~~intended to invest in ~~Hong~~Bac ~~Kong, China~~Giang onInternational ~~February~~Logistics 8Co., ~~2019~~Ltd., which is in turn building and running an international logistics park in Bac Giang Province, Vietnam.

~~The~~On ~~principal~~August ~~activities~~25, 2021, the Company, Hainan and Temir Logistics entered into a SPA Termination agreement (the “Termination Agreement”) to terminate all of ~~JTI~~the ~~are~~rights ~~provision~~and obligation of ~~diversified~~the ~~financial~~SPA ~~services~~entered ~~through~~on ~~its~~May ~~wholly~~20, ~~owned~~2021 ~~subsidiaries~~and ~~incorporated~~to incancel ~~Hong~~the ~~Kong~~930,233 shares issued to the nominee. 930,233 shares were cancelled on September 16, 2021.

~~JTI~~Transaction ~~Finance~~re ~~Limited~~eDDA (“JF”) is a licensed money lender in Hong Kong, holding a money lender license no. 0991/2019 granted by the licensing court of Hong Kong. JF offers various types of loans including but not limited to personal loan, business loan, credit card consolidation loan and equity pledge loan to its customers. Its target customers are small and medium size corporation and retail customers with a principal place of business in Hong Kong. Hong Kong’s lending market is dominant by the banks and money lenders which are wholly owned by the banks. The borrowers are normally required to provide highly secured collaterals such as property for obtaining credit facility from the banks and money lenders which are wholly owned by the banks. JF targets to provide credit facility to the borrowers who needs operating cash flows funding but are not able to provide highly secured collaterals. Higher interest rates will be applied to these loans and could generate higher profit margin for JF.platform

~~Concept~~On WeMay ~~Mortgage~~5, ~~Broker~~2021, ~~Limited~~ (~~“CW”~~i) Direct Assistance Limited, isa ~~one~~wholly owned subsidiary of ~~the~~EFT ~~active~~Solutions ~~mortgage~~Holdings ~~brokers~~Limited in(a ~~Hong~~company ~~Kong.~~listed CWon ~~provides~~GEM ~~up-to-date~~of ~~mortgage~~The ~~plans~~Stock Exchange of ~~numerous~~Hong ~~banks~~Kong ~~and~~Limited), ~~financial institutions.~~(ii) CW2Go ~~provides~~Investments ~~analysis~~Group Limited and ~~comparison~~(iii) onJTI ~~different~~formed ~~mortgage~~eDDA ~~plans~~Solutions ~~offered~~Limited by(“eDDA”), ~~banks~~a ~~and~~company ~~financial~~incorporated ~~institutions,~~in ~~assisting~~Hong ~~its~~Kong ~~customers~~with tolimited ~~choose~~liability, ~~the~~which ~~most~~will ~~suitable~~be ~~mortgage~~principally ~~plan~~engaged in the business of sales and ~~borrowing~~maintenance ~~terms~~services ~~based~~for onthe ~~each~~electronic ~~customer’s~~direct ~~financial~~debit authorization ~~background~~(“eDDA platform”). ~~Its~~JTI ~~revenue is~~has ~~mainly~~contributed ~~derived~~share ~~from~~capital ~~the~~of ~~referral~~$1 ~~fee~~(HK$10), ~~from~~representing ~~the~~a ~~banks~~10% ~~and~~shareholding ~~financial~~of ~~institutions~~eDDA. eDDA ~~for~~has not commenced operations as of the ~~mortgage~~date ~~referral~~of approval of this report.

JTI Property Agency Limited (“JP”) is a licensed property agent in Hong Kong, holding an estate agent’s license granted by Estate Agents Authority of Hong Kong. JP maintains good business connections and reputation with the landlords of commercial properties. JP mainly provides commercial property agency services in Hong Kong. Its revenue is mainly derived from the commission provided by the landlord for facilitating the sales or lease of commercial properties.Subsidiaries

JTI Asset Management Limited (“JA”) is a consultancy services company. After the completion of the Agreement, JA is planning to apply for fund management licenses in Hong Kong or in other jurisdiction, aiming to provide fund management services globally.

Company name	Place/date of incorporation	Principal activities

1. JTI Finance Limited (“JF”)	Hong Kong, China/ December 29, 2011	Money lending
2. Concept We Mortgage Broker Limited (“CW”)	Hong Kong, China / December 18, 2013	Mortgage broker providing mortgage related consultancy services
3. JTI Property Agency Limited (“JP”)	Hong Kong, China/ December 21, 2011	Property agency
4. JTI Asset Management Limited (“JA”)	Hong Kong, China/ May 2, 2017	General consulting services
5. Temir Logistics Industrial Park Limited	Hong Kong, China/ May 17, 2021	Investment holding

~~Listing Status~~2

~~Temir~~The ~~Corp~~formation of JTI Financial Services Group Limited was completed in March 2019. ~~has~~Upon ~~been~~incorporation, ~~approved~~JTI issued 1 ordinary share at HK$1 to ~~upgrade~~Mr. Roy Kong Hoi Chan. On March 20, 2019, ~~its~~JTI ~~common~~issued 9,999,999 shares ~~from~~of the ~~Pink®~~Company ~~Open~~to ~~Market~~Ace toVantage Investments Limited (“Ace Vantage”) at a total cash consideration of HK$3,509,999.65 ($450,000), resulting a total share capital of 10,000,000 shares at HK$3,510,000.65 ($450,000). Ace Vantage was 50% owned by Mr. Roy Kong Hoi Chan and 50% owned by Mr. Chan Hip Fong, father of Mr. Roy Kong Hoi Chan. The Company is owned and controlled by the ~~OTCQB®~~same ~~Venture~~control ~~Market~~group ~~under~~as JF, CW, JP and JA. On March 29, 2019, the ~~trading~~beneficial ~~system~~shareholders of JF, CW, JP and JA exchanged 100% of their shareholding of JF, CW, JP and JA for the shares of the Company (the “~~TMRR~~Share Exchange”). The Share Exchange has been accounted for as a common control transaction. Other than its 100% ownership of JF, ~~effective~~CW, ~~September~~JP 8and JA, ~~2020~~JTI has no significant assets and no other business operations.

2JF was incorporated in Hong Kong, China on December 29, 2011 as a company with limited liability. Upon incorporation, JF issued 1 ordinary share to Ace Vantage at HK$1. On March 29, 2019, Ace Vantage transferred 100% of their shareholding of JF to JTI.

~~Revenue~~CW was incorporated in Hong Kong, China on December 18, 2013 as a company with limited liability. Upon incorporation, CW issued 10,000 ordinary shares to Century Crown Investment Limited at HK$1 each. Century Crown Investment Limited was incorporated in Hong Kong, China and ~~Business~~100% ~~Model~~held by Ace Vantage. On March 29, 2019, Century Crown Investment Limited transferred 100% of their shareholding of CW to JTI.

~~JTI’s~~JP ~~revenue~~was isincorporated ~~mainly~~in ~~derived~~Hong ~~from interest income~~Kong, ~~commission~~China on December 21, ~~referral~~2011 ~~fee~~as ~~and~~a ~~advisory~~company ~~services~~with ~~fee~~limited liability. ~~JTI~~Upon ~~only~~incorporation, ~~charges~~JP ~~fees~~issued 1 ordinary share to ~~clients~~Ace onVantage aat ~~successfully~~HK$1. ~~basis~~On March 29, 2019, Ace Vantage transferred 100% of their shareholding of JP to JTI.

1.JA ~~Property~~was ~~agency~~incorporated ~~fee~~in isHong ~~from~~Kong, China on May 2, 2017 as a company with limited liability.5% Upon incorporation, JA issued 1 ordinary share to 3%Ace onVantage ~~the~~at ~~gross~~HK$1. ~~value~~On March 29, 2019, Ace Vantage transferred 100% of ~~the~~their ~~transactions;~~shareholding of JA to JTI

2The acquisitions of JF, CW, JP and JA by JTI have been accounted for as common control transactions in a manner similar to a pooling of interests and there was no recognition of any goodwill or excess of the acquirers’ interest in the net fair value of the acquirees’ identifiable assets, liabilities and contingent liabilities over cost at the time of the common control combinations. ~~Mortgage~~Therefore, ~~referral~~these ~~fee~~transactions iswere recorded at historical cost with a reclassification of equity from ~~0.1%~~retained profits to 4%additional onpaid in capital to reflect the ~~gross~~deemed value of consideration given in the local jurisdiction and the capital structure of JF, CW, JP and JA. The consolidated financial statements of the Company include all of the accounts of the Company and its subsidiaries, JF, CW, JP and JA for all periods presented. All material intercompany transactions; and balances have been eliminated in the consolidation.

3.Listing ~~Consultancy advisory services fee is determined on case by case basis with a minimum fee of US$10,000 per contract: and~~Status

4Temir Corp. ~~The~~has ~~interest~~been ~~rate~~approved ofto ~~the~~upgrade ~~money~~its ~~lending~~common shares ~~business~~ from ~~0.001%~~the toPink® ~~2.2%~~Open ~~monthly~~Market ~~flat~~to ~~rate,~~the ~~depending~~OTCQB® onVenture Market under the ~~loan~~trading ~~type~~system ~~and~~“TMRR”, effective ~~borrowers’~~September ~~credibility~~8, 2020.

~~Government Regulation and Approvals~~3

~~JTI~~Revenue ~~is subject to a number of local laws~~ and ~~regulations~~Business that involve matters such as money lending, estate agency, privacy, rights of publicity, data protection, content regulation, intellectual property, competition, protection of minors, consumer protection, taxation or other subjects. Many of these laws and regulations are still evolving and being tested in courts and could be interpreted in ways that could harm our business. In addition, the application and interpretation of these laws and regulations often are uncertain, particularly in the new and rapidly evolving industry in which we operate.Model

~~Intellectual~~JTI’s ~~Property~~revenue is mainly derived from interest income, commission, referral fee and advisory services fee. JTI only charges fees to clients on a successfully basis.

JF1. ~~owns~~Property aagency ~~trademark~~fee ~~which~~ is ~~registered under~~from ~~the intellectual property department of the government of Hong Kong SAR~~2.5% ~~The~~to ~~trademark~~3% ~~number~~on ~~is 302036853 and~~ the ~~expiry date~~gross isvalue ~~September 20, 2021. The details~~ of ~~trademark~~the ~~shown as below:~~transactions;

It2. isMortgage ~~believed~~referral tofee beis offrom ~~material importance in the operation of JF’s operation~~0.1% ~~JTI~~to ~~believes~~4% ~~that~~on nothe ~~single~~gross ~~patent,~~value ~~license,~~of orthe ~~trademark is material in relation to JTI’s business as a whole.~~transactions;

~~Employees~~3. Consultancy advisory services fee is determined on case by case basis with a minimum fee of US$10,000 per contract: and

We4. ~~have~~The 5interest ~~full-time~~rate ~~employees~~of asthe ofmoney ~~August~~lending 31business from 0.001% to 2.2% monthly flat rate, ~~2020~~depending on the loan type and borrowers’ credibility.

~~DESCRIPTION~~Government OFRegulation ~~PROPERTIES~~and Approvals

~~Our~~JTI ~~principal~~is ~~office~~subject isto ~~located~~a atnumber ~~Suite~~of local laws and regulations ~~1802-03~~that involve matters such as money lending, ~~18/F~~estate agency, ~~Strand~~privacy, 50rights of publicity, 50data ~~Bonham~~protection, ~~Strand~~content regulation, ~~Sheung~~intellectual property, ~~Wan~~competition, ~~Hong~~protection ~~Kong~~of minors, consumer protection, taxation or other subjects. Many of these laws and regulations are still evolving and being tested in courts and could be interpreted in ways that could harm our business. In addition, the application and interpretation of these laws and regulations often are uncertain, particularly in the new and rapidly evolving industry in which we operate.

WeIntellectual ~~do not own any real estate or other physical properties.~~Property

3JF owned a trademark which was registered under the intellectual property department of the government of Hong Kong SAR. The trademark number was 302036853 and the expiry date was September 20, 2021. The details of trademark shown as below:

~~Item~~It 1Ais believed to be of material importance in the operation of JF’s operation. ~~Risk~~JTI ~~Factors~~believes that no single patent, license, or trademark is material in relation to JTI’s business as a whole.

The Company operates in an environment that involves a number of risks and uncertainties. The risks and uncertainties described in this Annual Report on Form 10-K are not the only risks and uncertainties that we face. Additional risks and uncertainties that presently are not considered material or are not known to us, and therefore are not mentioned herein, may impair our business operations. If any of the risks described in this Annual Report on Form 10-K actually occur, our business, operating results and financial position could be adversely affected. Employees

~~RISKS~~We ~~RELATING~~have TO5 ~~OUR~~full-time ~~COMPANY~~employees as of August 31, 2021.

~~Financial~~DESCRIPTION ~~service~~OF ~~industry is highly competitive in Hong Kong.~~PROPERTIES

WeOur ~~operate~~principal inoffice ~~the~~is ~~financial~~located ~~services~~at ~~industry~~Suite 1802-03, in18/F, ~~Hong~~Strand ~~Kong~~50, ~~which~~50 ~~has~~Bonham aStrand, ~~large~~Sheung ~~number of existing participants~~Wan, ~~making~~Hong ~~the industry highly competitive~~Kong. Our results of operations and business development are dependent on our ability to complete equity or debt financings or generate profitable return. Such financings may not be available or may not be available on reasonable terms. Our financial statements do not include any adjustment that is able to reflect the outcome of this uncertainty.

IfWe ~~our~~do ~~estimates~~not ~~related~~own toany ~~future~~real ~~expenditures are~~estate ~~erroneous~~ or ~~inaccurate,~~other ~~our~~physical ~~business will fail and you could lose your entire investment~~properties.

Our success is dependent in part upon the accuracy of our management’s estimates of our future cost expenditures for legal and accounting services (including those we expect to incur as a publicly reporting company) and for administrative expenses. If such estimates are erroneous or inaccurate, or if we encounter unforeseen costs, we may not be able to carry out our business plan, which could result in the failure of our business and the loss of your entire investment.4

~~If we are not able to develop our business~~Item 1A. asRisk ~~anticipated, we may not be able to generate revenue or achieve profitability and you may lose your investment.~~Factors

~~Our~~The ~~business~~Company ~~prospects~~operates ~~are~~in ~~difficult~~an toenvironment that ~~predict~~involves ~~because~~a number of ~~the~~risks ~~financial~~and ~~service~~uncertainties. ~~industry~~The isrisks ~~highly~~and ~~competitive.~~uncertainties ~~Our~~described ~~primary~~in ~~business~~this ~~activities~~Annual ~~will~~Report beon ~~focused~~Form on10-K are not the only ~~relative~~risks ~~high~~and ~~risk~~uncertainties ~~operating~~that ~~cash~~we ~~flows funding~~face. ~~Although~~Additional werisks ~~believe~~and uncertainties that ~~our~~presently ~~business~~are ~~plan~~not ~~has~~considered ~~significant~~material ~~profit~~or ~~potential,~~are ~~we may~~ not ~~attain~~known ~~profitable~~to us, ~~operations~~ and ~~our~~therefore ~~management~~are ~~may~~ not ~~succeed~~mentioned inherein, ~~realizing~~may impair our business ~~objectives~~operations. If weany ~~are~~of ~~not~~the ~~able to~~risks ~~develop~~described ~~our~~in ~~business~~this asAnnual ~~anticipated,~~Report weon Form ~~may~~10-K ~~not~~actually beoccur, ~~able~~our tobusiness, ~~generate~~operating ~~revenue~~results ~~or achieve profitability~~ and ~~you~~financial ~~may~~position ~~lose~~could ~~your~~be ~~entire investment~~adversely affected.

WeRISKS ~~may~~RELATING ~~not~~TO beOUR ~~able~~BUSINESS toIN ~~execute~~HONG ~~our business plan or stay in business without additional funding.~~KONG

Our ~~ability~~company tocurrently ~~generate~~does ~~future~~not ~~operating revenue~~have ~~depends~~any operations in ~~part~~mainland onChina. ~~whether~~Accordingly, wethe ~~can~~laws ~~obtain~~and ~~necessary~~regulations ~~financing~~of tothe ~~implement~~PRC do not currently have any material impact on our business, ~~plan~~financial condition and results of operations. WeHowever, ~~may~~if ~~require~~certain ~~additional~~PRC laws and regulations were to become applicable to a company such as us in ~~financing~~the ~~through~~future, the ~~issuance~~application of ~~debt~~such laws and~~/or~~ ~~equity~~regulations tomay ~~fund~~have ~~our~~a ~~future~~material ~~operation~~adverse ~~plans~~impact on our business, financial condition and ~~such~~results of ~~financing~~operations ~~may~~and ~~not~~our beability ~~forthcoming. As~~to ~~widely~~offer ~~reported~~or continue to offer securities to investors, ~~the~~any ~~global~~of ~~and~~which ~~domestic~~may ~~financial~~cause ~~markets~~the ~~have~~value ~~been~~of ~~extremely~~our ~~volatile~~common instock, to ~~recent~~significantly ~~months~~decline or become worthless. IfSee ~~such~~the ~~conditions~~ following risk factors of “Our business, financial condition and ~~constraints~~results ~~continue~~of operations, and/or ifthe ~~there~~value isof noour ~~investor~~common ~~appetite~~stock or our ability to ~~finance~~offer ~~our~~or ~~specific~~continue ~~business,~~to weoffer ~~may~~securities ~~not~~to investors may be ~~able~~materially and adversely affected to ~~acquire~~the ~~additional~~extent the laws and regulations of the PRC become applicable to a company such as us” and “The ~~financing~~PRC ~~through~~government ~~credit~~exerts ~~markets~~substantial orinfluence ~~equity~~and ~~markets.~~discretion ~~Even~~over ifthe ~~additional~~manner ~~financing~~in iswhich ~~available,~~companies itincorporated ~~may~~under ~~not~~the belaws ~~available~~of onPRC ~~terms~~must ~~favorable~~conduct totheir usbusiness activities. AtWe ~~this~~are ~~time,~~a weHong ~~have~~Kong-based ~~not~~company ~~identified~~with orno ~~secured~~operations ~~sources~~in ofmainland ~~additional financing~~China. ~~Our~~However, ~~failure~~if towe ~~secure~~were ~~additional~~to become ~~financing~~subject ~~when~~to itsuch ~~becomes~~direct ~~required~~influence ~~will~~or ~~have~~discretion, anit ~~adverse~~may ~~effect~~result onin a material change in our ~~ability~~operations toand/or ~~remain~~the invalue ~~business~~of your common stock, which would materially affect the interests of investors.”

~~Our~~Political ~~operating~~risks ~~subsidiaries~~associated ~~may~~with ~~fail~~conducting tobusiness ~~renew~~in ~~their~~Hong ~~licenses~~Kong.

Our ~~money~~operations ~~lending~~are ~~business~~based isin ~~subject~~Hong toKong. Accordingly, ~~licensing~~our ~~requirements~~business ~~under~~operation ~~the~~and ~~provisions~~financial ofconditions will be affected by the ~~Money~~political ~~Lenders~~and ~~Ordinance~~legal ~~(Chapter~~developments ~~163~~in ofHong Kong. During the ~~Laws~~period covered by the financial information incorporated by reference into and included in this prospectus, we maintain substantially all of our operations in Hong Kong). JFAny adverse economic, ~~our~~social ~~operating~~and/or political conditions, material social unrest, strike, riot, civil disturbance ~~subsidiary~~or disobedience, isas awell ~~licensed~~as ~~money~~significant ~~lender~~natural indisasters, may affect the market may adversely affect our business operations. Hong Kong, is ~~holding~~ a ~~money~~special ~~lender~~administrative ~~license.~~region ~~Money~~of ~~lenders~~the ~~licenses~~PRC and the basic policies of the PRC regarding Hong Kong are ~~granted~~reflected byin the Basic Law, namely, ~~licensing~~Hong ~~court~~Kong’s ofconstitutional document, which provides Hong Kong with a high degree of autonomy and ~~are~~executive, ~~renewable~~legislative ~~annually~~and ~~subject~~independent judicial topowers, ~~satisfaction~~including that of ~~all~~final ~~licensing~~adjudication ~~conditions~~under the principle of “one country, two systems”. ~~The~~However, ~~licensing~~there ~~court~~is ~~has~~no ~~the~~assurance ~~discretion~~that tothere ~~suspend~~will ornot ~~revoke~~be aany ~~license~~changes ifin athe ~~licensee~~economic, ispolitical and legal environment in ~~breach~~Hong ofKong ~~any~~in ~~licensing~~the ~~condition~~future. WeSince ~~cannot~~our operation ~~guarantee~~is ~~that the~~based ~~conditions~~in orHong ~~requirements~~Kong, ~~which~~any JFchange of such political arrangements may bepose ~~required~~immediate threat to ~~satisfy~~the orstability ~~meet~~of ~~will~~the ~~not~~economy ~~change~~in Hong ~~from~~Kong, ~~time~~thereby todirectly ~~time~~and adversely affecting our results of operations and financial positions.

~~Our~~Under ~~property~~the ~~agency~~Basic ~~business~~Law isof ~~subject to~~the ~~licensing~~Hong ~~requirements~~Kong ~~under~~Special Administrative Region of the ~~provisions~~People’s Republic of ~~the~~China, ~~Estate~~Hong ~~Agents~~Kong ~~Ordinance~~is ~~(Chapter~~exclusively ~~511~~in charge of its internal affairs and external relations, while the ~~Laws~~government of the PRC is responsible for its foreign affairs and defense. As a separate customs territory, Hong Kong) maintains and develops relations with foreign states and regions. JPBased ison acertain ~~licensed~~recent development including the Law of the People’s Republic ~~property~~of ~~agent~~China on Safeguarding National Security in the Hong Kong, ~~holding~~Special anAdministrative ~~estate~~Region ~~agent~~issued by the Standing Committee of the PRC National People’s ~~license~~Congress ~~granted~~in byJune ~~Estate~~2020, ~~Agents~~the ~~Authority~~U.S. ofState Department has indicated that the United States no longer considers Hong Kong to have significant autonomy from China and President Trump signed an executive order and Hong Kong. ~~The~~Autonomy ~~Estate Agents~~Act, ~~Authority~~or ofHKAA, to remove Hong Kong’s ~~has~~preferential trade status and to authorize the ~~discretion~~U.S. administration to ~~suspend~~impose orblocking ~~revoke~~sanctions aagainst ~~license~~individuals and ifentities awho ~~licensee~~are isdetermined into ~~breach~~have materially contributed to the erosion of ~~any~~Hong ~~licensing~~Kong’s ~~condition~~autonomy. The United States may impose Wethe ~~cannot~~same ~~guarantee~~tariffs and other trade restrictions on exports from Hong Kong that ~~the~~it ~~conditions~~places oron ~~requirements~~goods ~~which~~from JPmainland China. These and other recent actions may berepresent ~~required~~an toescalation ~~satisfy~~in orpolitical ~~meet~~and ~~will~~trade ~~not~~tensions ~~change~~involving ~~from~~the ~~time~~U.S, toChina and Hong Kong, which could potentially harm ~~time~~our business.

InGiven the ~~event~~relatively ~~that~~small ~~our~~geographical ~~operating~~size ~~subsidiaries~~of ~~are~~Hong ~~unable~~Kong, toany ~~renew~~of ~~their~~such ~~licenses~~incidents inmay have a ~~timely~~widespread ~~manner~~effect oron ifour ~~the~~business ~~relevant~~operations, ~~authorities~~which docould ~~not~~in ~~approve~~turn ~~the~~adversely ~~application~~and ~~for a renewal~~materially ofaffect ~~their~~our ~~licenses~~business, ~~our~~results ~~subsidiaries~~of ~~may~~operations ~~not~~and befinancial ~~able~~condition. It is difficult to ~~operate~~predict ~~their~~the ~~business~~full ~~until~~impact ~~such~~of ~~time~~the asHKAA ~~they~~on ~~receive~~Hong ~~new~~Kong and ~~licenses~~companies with operations in Hong Kong like us. Furthermore, ~~which may~~legislative ~~have~~or aadministrative ~~material~~actions ~~adverse~~in ~~effect~~respect onof ~~our~~China-U.S. ~~financial~~relations could ~~condition~~cause investor uncertainty for affected issuers, including us, and ~~results~~the market price of ~~operation~~our Ordinary Shares could be adversely affected.

~~Our property agency business and mortgage referral business are sensitive to downturns in the economy, economic uncertainty and particularly the performance of the real estate market in Hong Kong.~~5

CWIf ~~and~~we JPbecome ~~are~~directly ~~our~~subject ~~operating~~to ~~subsidiaries~~the recent ~~that~~scrutiny, ~~mainly~~criticism ~~provide mortgage referral services~~ and ~~commercial~~negative ~~property~~publicity ~~agency~~involving ~~services in Hong Kong~~U.S.-listed ~~Their~~Chinese ~~business~~companies, ~~and~~we ~~financial performance~~may ~~are~~have ~~sensitive~~ to ~~the~~expend ~~real~~significant ~~estate~~resources ~~market in Hong Kong. Demand for property is sensitive~~ to ~~downturns and uncertainty~~investigate ~~in the global~~ and ~~regional~~resolve ~~economy and corresponding changes in~~ the ~~appetite~~matter ~~for~~which ~~real~~could ~~estate~~harm ~~investments~~our ~~and~~business ~~purchases. Changes in the appetite for real estate investments and purchases are driven by various factors including~~operations, ~~amongst~~stock ~~others,~~price ~~perceived or actual general economic conditions, employment~~ and ~~job~~reputation ~~market conditions, actual or perceived levels of disposable consumer income~~ and ~~wealth~~could ~~and~~result ~~consumer confidence~~ in ~~the~~a ~~economy.~~loss ~~These~~of ~~and~~your ~~other factors have, in the past, affected consumer demand for real~~investment ~~estate and any negative sentiment or downturn~~ in ~~the economy could materially and adversely affect~~ our ~~business~~stock, ~~financial~~especially ~~condition and~~if ~~results~~such ofmatter ~~operations~~cannot ~~and~~be ~~also~~addressed ~~our~~and ~~liquidity~~resolved ~~position~~favourably.

4Recently, U.S. public companies that have substantially all of their operations in China, including Hong Kong, have been the subject of intense scrutiny, criticism and negative publicity by investors, financial commentators and regulatory agencies, such as the SEC. Much of the scrutiny, criticism and negative publicity has centered around financial and accounting irregularities and mistakes, a lack of effective internal controls over financial accounting, inadequate corporate governance policies or a lack of adherence thereto and, in many cases, allegations of fraud. As a result of the scrutiny, criticism and negative publicity, the publicly traded stock of many U.S. listed Chinese companies has sharply decreased in value and, in some cases, has become virtually worthless. Many of these companies are now subject to shareholder lawsuits and SEC enforcement actions and are conducting internal and external investigations into the allegations. It is not clear what effect this sector-wide scrutiny, criticism and negative publicity will have on our company, our business and our stock price. If we become the subject of any unfavourable allegations, whether such allegations are proven to be true or untrue, we will have to expend significant resources to investigate such allegations and/or defend our company. This situation will be costly and time consuming and distract our management from growing our company.

Our ~~money~~international ~~lending~~operations ~~business~~involve ~~is exposed~~special ~~to the credit~~ risks ~~of our customers~~.

~~The~~Our ~~financial~~international ~~position~~operations ~~and~~involve ~~profitability~~financial ofand ~~our money lending~~ business ~~depends in part on our customers’ creditworthiness. Thus, we are exposed to our customers’ credit~~ risks. ~~There is no assurance~~ that wediffer ~~will~~from ~~not encounter doubtful~~ or ~~bad~~are ~~debts~~ in ~~the~~addition ~~future.~~to Ifthose wefaced ~~experience~~by ~~slower payments from~~ our ~~customers,~~Hong itKong ~~may increase our accounts receivable aging and/or our bad debts. Further~~operations, ~~our cash flows and financial results will be adversely affected if we experience any unexpected delay or difficulty in collections from our customers.~~including:

~~Our~~● ~~money~~cultural ~~lending business is affected by fluctuations in interest rates~~ and ~~our~~language ~~credit position.~~differences;

~~The~~● ~~interest~~different ~~rate~~employment ~~risks~~laws ~~faced by JF arise from both the interest-bearing lending~~ and ~~borrowings~~rules, ofemployment ~~our~~or ~~money~~service ~~lending business. In particular~~contracts, ~~our~~compensation ~~profitability is highly correlated with the net interest margin~~methods, ~~being~~and ~~the~~social ~~difference between the interest rate charged to our customers~~ and ~~the~~cultural ~~costs of~~factors ~~our~~that ~~funding.~~could ~~The~~result ~~interest~~in ~~rate~~employee ~~chargeable by JF to its customers is determined by~~turnover, ~~amongst~~lower ~~other~~utilization ~~factors~~rates, ~~the~~higher ~~market~~costs ~~demand for loans~~ and ~~the~~cyclical ~~prevailing~~fluctuations ~~competition~~ in ~~the~~utilization ~~industry,~~that ~~and~~could isadversely ~~ultimately~~affect ~~capped~~financial by the relevant provisions of the Money Lenders Ordinance (Chapter 163 of the Laws of Hong Kong). The borrowing cost of JF is determined with reference to the overall local money lending market conditions and ~~our~~operating ~~credit positions. An increase in general interest rates or a deterioration of our credit positions will lead to increases in our funding costs.~~results;

~~Our~~● ~~money~~foreign ~~lending~~currency ~~business~~disruptions ~~may~~and becurrency ~~affected by~~fluctuations ~~changes~~between in the ~~Money~~Hong ~~Lenders~~Kong ~~Ordinance~~dollar ~~(Chapter~~and ~~163~~foreign ofcurrencies ~~the~~that ~~Laws~~could ofadversely ~~Hong~~affect ~~Kong).~~financial and operating results;

~~The~~● ~~business~~different ~~operation~~legal ~~of JF is regulated under the Money Lenders Ordinance (Chapter 163 of the Laws of Hong Kong)~~ and ~~full compliance with such regulation is essential for us to carry on our business. Notwithstanding this, the relevant~~ regulatory authorities may from time to time amend the Money Lenders Ordinance (Chapter 163 of the Laws of Hong Kong) or adopt new laws and regulations applicable to licensed money lenders in Hong Kong. Our operation, financial performance and business prospects may be materially and adversely affected if we are not able to comply with any changes and/or new requirements ~~in applicable laws~~ and ~~regulations~~other ~~related~~barriers to ~~the~~conducting money lending industry in Hong Kong. Notably, for the mortgage loans granted by us to our customers, the interest rate for such loans shall not exceed the maximum effective interest rate of 60% per annum as stipulated under the Money Lenders Ordinance (Chapter 163 of the Laws of Hong Kong). In the event that such maximum limit for interest rate is lowered as a result of any change to the Money Lenders Ordinance (Chapter 163 of the Laws of Hong Kong) and/or any relevant laws and regulations, thus limiting and lowering the interest rate we can offer to our customers, our financial performance, operational results and profitability may be materially and adversely affected.business;

~~Unfavorable~~● ~~financial~~greater ~~market~~difficulties ~~and economic conditions~~ in ~~Hong~~resolving ~~Kong, China, and elsewhere in~~ the ~~world~~collection ~~could~~of ~~materially~~receivables ~~and~~when ~~adversely~~legal ~~affect~~proceedings ~~our~~are ~~asset management business.~~necessary;

JA● isgreater ~~planning~~difficulties ~~to apply for fund management licenses~~ in ~~Hong~~managing ~~Kong or in other jurisdiction, aiming to provide fund management services globally. During a market or general economic downturn, we may derive lower revenue from~~ our ~~asset management business due to lower mark~~non-~~to-market~~Hong orKong ~~fair value of the assets that we manage. In addition~~operations, ~~due~~including toclient ~~uncertainty or volatility in the market or in response to difficult market conditions~~relationships, ~~our~~ ~~customers or prospective customers may withdraw funds from, or hesitate to allocate assets to, our asset management business~~ in ~~favor~~certain of investments they perceive as offering greater opportunity or lower risk. Difficult market conditions can also materially and adversely affect our ability to launch new products or offer new services in our asset management business, which could negatively affect our financial performance, operational results and profitability.locations;

~~The~~● ~~loss~~disparate ~~of the services of any key member of management team~~systems, ~~our Chief Executive Officer and Chairman of the Board of Directors~~policies, orprocedures ~~our failure to timely identify~~ and ~~retain competent personnel could negatively impact our ability to develop our business and sell our services.~~processes;

~~The~~● ~~decision~~failure making is based on a team of management, which consists of at least 5 directors and/or managers. The board of directors consists of 6 members. We are not highly dependent on any manager or director for any business decisions. Our future success depends upon the continued services of our executive officers who are developing our business, and on our ability to ~~identify~~comply ~~and retain competent consultants and employees~~ with the ~~skills~~FCPA ~~required~~and toanti-bribery ~~execute~~laws ~~our business objectives. The loss~~ of ~~the~~other services of any executive officer or director or our failure to timely identify and retain competent personnel would have small impact our ability to develop our business and license our brand, and have minimal effect on our financial results and impair our growth.jurisdictions;

~~Our~~● ~~success~~higher ~~depends~~operating ~~on good business relationship with clients and banks and other financial institutions.~~costs;

~~Our~~● ~~success~~longer ~~depends on~~sales ~~good business relationship with clients~~ and/or ~~banks~~collections ~~and other financial institutions. Our business would be adversely affected if:~~cycles;

● ~~the~~potential ~~major~~restrictions ~~banks~~or inadverse ~~Hong~~tax ~~Kong~~consequences ~~such~~for asthe ~~HSBC,~~repatriation ~~Bank~~ of ~~China,~~foreign ~~Hang Seng Bank~~earnings, ~~suspend~~such oras ~~terminate~~trapped ~~their~~foreign ~~mortgage~~losses ~~business,~~and ~~our~~importation ~~revenue~~or ~~generated~~withholding ~~from mortgage referral business will be substantially impacted~~taxes;

● ~~our~~different ~~major~~or ~~business~~less ~~partner,~~stable ~~Savills~~political ~~(Hong Kong), has any negative impact on their business~~ and/or ~~their~~economic ~~reputation, our revenue generated from property agency business will be affected~~environments;

5● conflicts between and among the Hong Kong and countries in which we conduct business, including those arising from trade disputes or disruptions, the termination or suspension of treaties, or boycotts; and

● wecivil ~~fail~~disturbances toor ~~raise~~other ~~capital~~catastrophic ~~for~~events ~~the~~that ~~development~~reduce ofbusiness ~~initial customer base and reputation;~~activity.

●If we ~~fail~~are not able to ~~implement~~quickly adapt to or effectively manage our operations in geographic markets outside the Hong Kong, our business ~~model~~prospects and ~~strategy;~~results ~~and~~of operations could be negatively impacted.

~~● we are not able to retain our management team who have extensive working experience in the banking and finance sectors.~~6

WeYou may incur additional costs ~~associated~~and ~~with~~procedural obstacles ~~SEC~~in ~~reporting compliance~~effecting service of legal process, ~~which~~enforcing ~~may~~foreign ~~significantly~~judgments ~~affect~~or bringing actions in Hong Kong against us or our ~~financial~~management named ~~condition~~in the prospectus based on Hong Kong laws.

~~The~~Currently, ~~Company~~all ~~made~~of ~~the~~our ~~decision~~operations toare ~~become~~conducted anoutside ~~SEC~~the ~~“reporting~~United ~~company”~~States, inand ~~order~~all toof ~~comply~~our ~~with~~assets ~~applicable~~are ~~laws~~located ~~and~~outside ~~regulations~~the United States. WeAll ~~incur~~of ~~certain~~our ~~costs~~directors ofand ~~compliance~~officers are Hong Kong ~~with~~nationals ~~applicable~~or ~~SEC~~residents ~~reporting~~and ~~rules~~a substantial portion of their assets are located in Hong Kong outside the United States. You may incur additional costs and ~~regulations~~procedural ~~including,~~obstacles ~~but~~in ~~not~~effecting ~~limited~~service toof ~~attorneys’~~legal ~~fees~~process, ~~accounting~~enforcing ~~and~~foreign ~~auditing~~judgments or bringing actions in Hong Kong against ~~fees,~~us ~~other~~or ~~professional~~our ~~fees~~management named in the prospectus, ~~financial~~as ~~printing~~judgments ~~costs~~entered ~~and~~in ~~Sarbanes-Oxley~~the ~~compliance~~United ~~costs~~States can be enforced in anHong ~~amount~~Kong ~~estimated~~only at ~~approximately~~common law. ~~US$100,000~~If ~~per~~you ~~year.~~want Onto ~~balance,~~enforce a judgment of the ~~Company~~United ~~determined~~States ~~that~~in Hong Kong, it must be a final judgment conclusive upon the ~~incurrence~~merits of ~~such~~the ~~costs~~claim, for a liquidated amount in a civil matter and ~~expenses~~not in respect of taxes, fines, penalties, or similar charges, the proceedings in which the judgment was ~~preferable~~obtained were not contrary to natural justice, and the ~~Company~~enforcement of the judgment is not contrary to public policy of ~~being~~Hong inKong. Such a ~~position~~judgment ~~where~~must itbe ~~had~~for ~~very~~a ~~limited~~fixed ~~access~~sum toand ~~additional~~must ~~capital~~also ~~funding~~come from a “competent” court as determined by the private international law rules applied by the Hong Kong courts.

WeThe ~~have~~enactment ~~identified~~of ~~material~~Law ~~weaknesses in~~of ~~our internal control over financial reporting. If we fail to remediate~~ the ~~material~~PRC ~~weaknesses~~on ~~or maintain an effective system~~Safeguarding ofNational ~~internal~~Security ~~control~~in ~~over~~the ~~financial~~Hong ~~reporting,~~Kong weSpecial ~~may~~Administrative beRegion ~~unable~~(the to“Hong ~~accurately~~Kong ~~report~~National ~~our~~Security ~~financial~~Law”) ~~results~~could orimpact ~~prevent fraud, and~~our ~~investor~~Hong ~~confidence~~Kong ~~and~~operating ~~the market price of our shares may be adversely affected~~entities.

ToOn ~~implement~~June ~~Section~~30, ~~404~~2020, the Standing Committee of the PRC ~~Sarbanes-Oxley~~National People’s Congress adopted the Hong Kong National Security Law. This law defines the duties and government bodies of ~~Act~~the Hong Kong National Security Law for safeguarding national security and four categories of ~~2002~~offences — secession, subversion, terrorist activities, and collusion with a foreign country or ~~SOX~~external ~~404~~elements to endanger national security — and their corresponding penalties. On July 14, 2020, the ~~SEC~~former ~~adopted~~U.S. ~~rules~~President ~~requiring~~Donald ~~public~~Trump ~~companies~~signed the Hong Kong Autonomy Act, or HKAA, into law, authorizing the U.S. administration to ~~include~~impose ablocking ~~report~~sanctions ofagainst ~~management~~individuals onand entities who are determined to have materially contributed to the ~~company~~erosion of Hong Kong’s ~~internal~~ ~~control~~autonomy. ~~over~~On ~~financial~~August ~~reporting~~7, in2020 ~~their~~the ~~annual~~U.S. ~~reports~~government imposed HKAA-authorized sanctions on ~~Form~~eleven individuals, ~~10-K~~including HKSAR chief executive Carrie Lam. ~~Under~~On ~~current~~October ~~law~~14, we2020, ~~are~~the ~~subject~~U.S. State Department submitted to ~~the~~relevant ~~requirement~~committees ~~that~~of weCongress ~~maintain~~the ~~internal~~report ~~controls~~required ~~and~~under ~~that~~HKAA, ~~management~~identifying ~~perform~~persons ~~periodic~~materially ~~evaluation~~contributing to “the failure of the ~~effectiveness~~Government of China to meet its obligations under the ~~internal~~Joint ~~controls~~Declaration or the Basic Law.” The HKAA further authorizes secondary sanctions, including ~~assuming~~the ~~our~~imposition ~~filing~~of ~~status~~blocking ~~remains~~sanctions, asagainst foreign financial institutions that knowingly conduct a ~~smaller~~significant ~~reporting~~transaction ~~company~~with foreign persons sanctioned under this authority. AThe ~~report~~imposition of ~~our~~sanctions ~~management~~may isdirectly ~~included~~affect ~~under~~the ~~Item~~foreign 9Afinancial ofinstitutions ~~this~~as well as ~~Annual~~any ~~Report~~third onparties ~~Form~~or ~~10-K~~customers dealing with any foreign financial institution that is targeted. ~~Our~~It ~~management~~is ~~has~~difficult ~~identified~~to predict the ~~following~~full ~~material~~impact of ~~weaknesses~~the Hong Kong National Security Law and HKAA on Hong Kong and companies located in Hong Kong. If our ~~internal~~Hong ~~control~~Kong ~~over~~subsidiary is determined to be in violation of the Hong Kong National Security Law or the HKAA by competent authorities, our business operations, financial position ~~reporting:~~and results of operations could be materially and adversely affected.

	(1)	We do not have an audit committee – While we are not obligated to have an audit committee, it is management’s view that such a committee, including a financial expert member, is an utmost important entity level control over the Company’s financial reporting. Currently, our Chief Executive Officer and directors act in the capacity of the audit committee, and do not include a member that is considered to be independent of management to provide the necessary oversight over management’s activities.
	(2)	We do not have adequate written policies and procedures – Due to lack of adequate written policies and procedures for accounting and financial reporting, we did not establish a formal process to close our books monthly and account for all transactions in a timely manner.
	(3)	We did not implement appropriate information technology controls – As at August 31, 2019, we retained copies of all financial data and material agreements; however, there is no formal procedure or evidence of normal backup of our data or off-site storage of the data in the event of theft, misplacement, or loss due to unmitigated factors.
	(4)	We do not have sufficient and skilled accounting personnel with an appropriate level of technical accounting knowledge and experience in the application of accounting principles generally accepted in the United States commensurate with our financial reporting requirements.

Chinese government may intervene or influence our operations at any time or may exert more control over offerings conducted overseas and foreign investment in China-based issuers, which may result in a material change in our operations and/or the value of our ordinary shares. Additionally, the governmental and regulatory interference could significantly limit or completely hinder our ability to offer or continue to offer securities to investors and cause the value of such securities to significantly decline or be worthless.

AWe ~~“material~~are ~~weakness”~~aware isthat ~~a deficiency~~recently, orthe aPRC ~~combination of deficiencies, in internal control over financial reporting, such that there is a reasonable possibility~~government ~~that~~initiated a ~~material~~series ~~misstatement~~ of ~~the~~regulatory ~~company’s~~actions ~~annual~~and ~~or interim financial~~ statements ~~will not be prevented or detected on a timely basis. We have taken measures and plan~~ to ~~continue~~regulate tobusiness ~~take~~operations ~~measures~~in tocertain ~~remedy~~areas ~~this material weakness. However, the implementation of these measures may not fully address the material weakness~~ in ~~our~~China ~~internal~~with ~~control~~little ~~over financial reporting. Our failure to~~advance ~~address~~notice, ~~any~~including ~~control~~cracking ~~deficiency~~down ~~could~~on ~~result~~illegal inactivities ~~inaccuracies~~ in ~~our~~the ~~financial~~securities ~~statements~~market, ~~and~~enhancing ~~could~~supervision ~~also~~over ~~impair~~China-based ~~our~~companies ~~ability to comply~~listed ~~with~~overseas ~~applicable~~using ~~financial~~variable ~~reporting~~interest ~~requirements~~entity ~~and related regulatory filings on a timely basis. Moreover~~structure, ~~effective~~adopting ~~internal control~~new ~~over~~measures ~~financial reporting is important~~ to ~~prevent~~extend ~~fraud.~~the Asscope aof ~~result,~~cybersecurity ~~our business~~reviews, ~~financial condition, results of operations~~ and ~~prospects,~~expanding ~~as well as~~ the efforts ~~trading~~in ~~price~~anti-monopoly ~~of our shares, may be materially and adversely affected~~enforcement.

~~Our independent registered auditors have expressed substantial doubt about our ability to continue as a going concern.~~7

~~Our~~The ~~audited~~Hong ~~financial~~Kong ~~statements~~legal ~~included in~~system ~~this~~embodies ~~report include an explanatory paragraph that indicates that they were prepared assuming that we would continue as a going~~uncertainties ~~concern. As~~which ofcould ~~August~~limit 31, 2020, we have suffered recurring losses from operations, and records an accumulated deficit and a working capital deficit of $695,468 and $244,186, respectively. These factors raise substantial doubts about our ability to continue as a going concern. Our continuation as a going concern is dependent upon improving our profitability and the ~~continuing~~availability financial support from our shareholders or other debt or capital sources. Management believes the existing shareholders or external financing will provide the additional cash to meet our obligations as they become due. There can be no assurance that we will be successful in our plans described above or in attracting equity or alternative financing on acceptable terms, or if at all. These financial statements do not include any adjustments to reflect the possible future effects on the recoverability and classification of ~~assets and~~legal ~~liabilities that may result in our inability to continue as a going concern~~protections.

6As one of the conditions for the handover of the sovereignty of Hong Kong to China, China accepted conditions such as Hong Kong’s Basic Law. The Basic Law ensured Hong Kong will retain its own currency (the Hong Kong Dollar), legal system, parliamentary system and people’s rights and freedom for fifty years from 1997. This agreement has given Hong Kong the freedom to function with a high degree of autonomy. The Special Administrative Region of Hong Kong is responsible for its own domestic affairs including, but not limited to, the judiciary and courts of last resort, immigration and customs, public finance, currencies and extradition. Hong Kong continues using the English common law system.

~~The~~However, ~~audit~~if ~~report~~the ~~included~~PRC inattempts ~~this~~to ~~report~~alter its agreement ~~have~~to ~~been~~allow ~~prepared~~Hong byKong ~~auditors~~to ~~whose~~function ~~work~~autonomously, this could potentially impact Hong Kong’s common law legal system and may ~~not~~in beturn ~~inspected~~bring about ~~fully~~uncertainty byin, for example, the ~~Public~~enforcement ~~Company~~of ~~Accounting~~our ~~Oversight~~contractual ~~Board~~rights. ~~and~~This could, asin ~~such~~turn, materially and adversely affect our ~~you~~business and operations. Additionally, intellectual property rights and confidentiality protections in Hong Kong may not be ~~deprived~~as effective as in the United States or other countries. Accordingly, we cannot predict the effect of future developments in the ~~benefits~~Hong Kong legal system, including the promulgation of ~~such~~new ~~inspection~~laws, changes to existing laws or the interpretation or enforcement thereof, or the pre-emption of local regulations by national laws. These uncertainties could limit the legal protections available to us, including our ability to enforce our agreements with our customers.

Our ~~independent~~business, ~~registered~~financial ~~public~~condition ~~accounting~~and results ~~firm~~of ~~that~~operations, ~~issue~~and/or the ~~audit~~value ~~report~~of ~~included in~~ our ~~reports~~common ~~filed~~stock ~~with~~or ~~the~~our ~~SEC~~ability asto ~~auditors~~offer ofor ~~companies~~continue ~~that~~to ~~are~~offer ~~traded~~securities ~~publicly~~to ~~in the~~investors ~~United~~may ~~States~~be materially and ~~firms~~adversely ~~registered~~affected ~~with~~to the ~~Public~~extent ~~Company Accounting Oversight Board (United States), or~~ the ~~PCAOB,~~laws ~~are~~and ~~required by~~regulations ~~the laws~~ of the ~~United~~PRC ~~States~~become toapplicable ~~undergo regular inspections by the PCAOB~~ to ~~assess~~a ~~their~~company ~~respective~~such ~~compliance~~as ~~with the laws of the United States and professional standards~~us.

~~Many~~We ~~other~~currently ~~clients~~do ofnot ~~our~~have ~~auditors~~or intend to have any ~~substantial~~subsidiary ~~operations~~or ~~within~~any ~~mainland~~contractual ~~China,~~arrangement ~~and~~to ~~the~~establish ~~PCAOB~~a ~~has~~variable ~~been~~interest ~~unable~~entity tostructure ~~complete~~with ~~inspections~~any ofentity ~~the~~in ~~work~~mainland ofChina, ~~our~~and ~~auditors~~we ~~without~~have ~~the~~direct ~~approval~~ownership of ~~the~~our ~~Chinese~~operating ~~authorities~~entities in Hong Kong. ~~Thus~~However, as our ~~auditors~~principal ~~and~~executive ~~their~~offices ~~audit~~are ~~work~~located, ~~are~~and ~~not~~we ~~currently~~operate, in ~~inspected~~Hong ~~fully~~Kong, bya ~~the PCAOB.~~special Onadministrative ~~December~~region 7,of ~~2018~~China, ~~the~~there ~~SEC~~is ~~and~~no guarantee that if certain existing or future laws of the ~~PCAOB~~PRC ~~issued~~become applicable to a ~~joint~~company ~~statement~~such ~~highlighting~~as ~~continued~~us, ~~challenges~~it ~~faced~~will bynot ~~the~~have ~~U.S. regulation~~a inmaterial ~~their~~adverse ~~oversight~~impact ofon our business, financial ~~statement~~condition ~~audits~~and results of ~~U.S.-listed~~operations and/or ~~companies~~our ~~with~~ability ~~significant~~to ~~operation~~offer inor ~~China.~~continue ~~However~~to offer securities to investors, it ~~remains~~any ~~unclear~~of ~~what~~which ~~further~~may ~~actions~~cause the ~~SEC~~value ~~and~~of ~~PCAOB~~such ~~will~~securities ~~take~~ to ~~address~~significantly decline ~~the~~or ~~problem~~be worthless.

~~Inspections~~Except offor ~~other~~the ~~firms~~Basic ~~that~~Law, the ~~PCAOB~~national laws of ~~has~~the ~~conducted~~PRC ~~outside~~do ~~mainland~~not ~~China~~apply ~~have~~in ~~identified~~Hong ~~deficiencies~~Kong unless they are listed in ~~those~~Annex ~~firms’~~III ~~audit~~of ~~procedures~~the Basic Law and ~~quality~~applied ~~control~~locally ~~procedures,~~by promulgation or local legislation. ~~which~~National ~~can~~laws that may be ~~addressed~~listed asin ~~part~~Annex ofIII are currently limited under the ~~inspection~~Basic ~~process~~Law to ~~improve~~those ~~future~~which ~~audit~~fall ~~quality.~~within ~~The~~the ~~lack~~scope of ~~PCAOB~~defense and ~~inspections~~foreign inaffairs ~~mainland China~~as ~~prevents~~well ~~the~~as ~~PCAOB~~other ~~from~~matters ~~regularly~~outside ~~evaluating~~the ~~our~~limits ~~auditors’~~of ~~audit~~the ~~procedures~~autonomy ~~and~~of ~~quality~~Hong ~~control~~Kong. ~~procedures~~National aslaws ~~they relate~~and regulations relating to data ~~their~~protection, ~~work~~cybersecurity inand ~~mainland~~the ~~China.~~anti-monopoly Ashave anot ~~result,~~been ~~investors~~listed ~~may~~in beAnnex ~~deprived~~III ofand ~~the~~so ~~benefits~~do ofnot ~~such~~apply ~~regular~~directly ~~inspections~~to Hong Kong.

The ~~inability~~laws ofand regulations in the ~~PCAOB~~PRC toare ~~conduct~~evolving, and ~~full~~their enactment timetable, interpretation and implementation involve significant uncertainties. To the extent any PRC laws and regulations ~~inspections~~become ofapplicable ~~auditors~~to inus, ~~mainland~~we ~~China~~may ~~makes~~be itsubject ~~more~~to ~~difficult~~the risks and uncertainties associated with the legal system in the PRC, including with respect to ~~evaluate~~the enforcement of laws and the ~~effectiveness~~possibility of ~~our~~changes ~~auditors’~~of ~~audit~~rules ~~procedures~~ and ~~quality~~regulations ~~control~~with ~~procedures~~little asor ~~compared~~no advance notice. We currently do not have plan to ~~auditors~~expand ~~who~~our ~~primarily~~operation ~~work~~or inacquire ~~jurisdictions~~any ~~where~~operation in the ~~PCAOB~~mainland ~~has~~China. ~~full~~However, ~~inspection~~we may also become subject to the laws ~~access.~~and ~~Investors~~regulations ~~may~~of ~~lose~~the ~~confidence~~PRC into ~~our~~the ~~reported~~extent ~~financial~~we ~~information~~commence business and ~~the~~customer ~~quality~~facing operations in mainland China as a result of ~~our~~any ~~financial~~future acquisition, ~~statements~~expansion or organic growth.

~~Proceedings~~RISKS ~~instituted~~RELATING byTO ~~the~~OUR ~~SEC against five PRC-based accounting firms could result in financial statements being determined to be not in compliance with the requirements of the Securities Exchange Act of 1934.~~COMPANY

~~The~~Financial ~~SEC~~service ~~previously~~industry ~~instituted~~is ~~proceedings against~~highly ~~mainland~~competitive Chinese affiliates of the “big four” accounting firms, including the affiliate of our auditor, for failing to produce audit work papers under Section 106 of the Sarbanes-Oxley Act because of restrictions under PRC law. Each of the “big four” accounting firms in ~~mainland~~Hong ~~China agreed to a censure and to pay a fine to the SEC to settle the dispute and stay the proceedings for four years, until the proceedings were deemed dismissed with prejudice on February 6, 2019~~Kong. It remains unclear whether the SEC will commence a new administrative proceeding against the four mainland China-based accounting firms. Any such new proceedings or similar action against our audit firm for failure to provide access to audit work papers could result in the imposition of penalties, such as suspension of our auditor’s ability to practice before the SEC. If our independent registered public accounting firm, or its affiliate, was denied, even temporarily, the ability to practice before the SEC, and it was determined that our financial statements or audit reports were not in compliance with the requirements of the U.S. Exchange Act, we could be at risk of delisting or become subject to other penalties that would adversely affect our ability to remain listed on the Nasdaq.

InWe ~~recent~~operate ~~years, U.S. regulators have continued to express their concerns about challenges~~ in ~~their~~the ~~oversight of~~ financial ~~statement~~services ~~audits of U.S.-listed companies with significant~~industry ~~operations~~ in ~~China.~~Hong ~~More recently~~Kong, aswhich ~~part~~has ofa ~~increased~~large ~~regulatory~~number ~~focus~~of inexisting ~~the U.S. on access to audit information~~participants, onmaking ~~May~~the ~~20, 2020,~~industry ~~the~~highly Ucompetitive.S. ~~Senate~~Our ~~passed~~results ~~the~~of ~~Holding~~operations ~~Foreign Companies Accountable Act, or the HFCA Act, which includes requirements for the~~and ~~SEC~~business todevelopment ~~identify issuers whose audit reports~~ are ~~prepared~~dependent byon ~~auditors~~our ~~that~~ability ~~the~~to ~~PCAOB~~complete isequity ~~unable~~or todebt ~~inspect~~financings or ~~investigate~~generate ~~completely because~~profitable ~~of a restriction imposed by a non-U~~return.S. ~~authority~~Such infinancings may ~~the~~not ~~auditor’s~~be ~~local~~available ~~jurisdiction. If the HFCA Act~~ or ~~any similar legislation were enacted into law, our securities~~ may not be ~~prohibited~~available ~~from trading~~ on ~~the~~reasonable ~~Nasdaq or other U~~terms.S. ~~stock~~Our ~~exchanges~~financial ~~if our~~statements ~~auditor~~do is not ~~inspected~~include byany ~~the~~adjustment ~~PCAOB~~that ~~for~~is ~~three consecutive years, and this ultimately could result in our ordinary shares~~able ~~being delisted. Delisting of our ordinary shares would force our U.S.-based shareholders~~ to ~~sell~~reflect ~~their shares. The market prices of our ordinary shares could be adversely affected as a result of anticipated negative impacts of~~ the ~~HFCA~~outcome ~~Act upon, as well as negative investor sentiment towards, China-based companies listed in the United States, regardless~~ of ~~whether~~this ~~the HFCA Act is enacted and regardless of our actual operating performance~~uncertainty.

Furthermore, on June 4, 2020, the U.S. President issued a memorandum ordering the President’s Working Group on Financial Markets (“PWG”) to submit a report to the President within 60 days of the memorandum that includes recommendations for actions that can be taken by the executive branch, the SEC, the PCAOB or other federal agencies and departments with respect to Chinese companies listed on U.S. stock exchanges and their audit firms, in an effort to protect investors in the United States. On August 6, 2020, PWG released its Report on Protecting United States Investors from Significant Risks from Chinese Companies (“PWG Report”). The PWG Report includes five recommendations for the Securities and Exchange Commission. In particular, to address companies from jurisdictions, such as China, that do not provide the PCAOB with sufficient access to fulfill its statutory mandate, the PWG recommends enhanced listing standards on U.S. exchanges. This would require, as a condition to initial and continued exchange listing, PCAOB access to work papers of the principal audit firm for the audit of the listed company. Companies unable to satisfy this standard as a result of governmental restrictions on access to audit work papers and practices in these countries may satisfy this requirement by providing a co-audit from an audit firm with comparable resources and experience where the PCAOB determines it has sufficient access to audit work papers and practices to conduct an appropriate inspection of the co-audit firm. The PWG Report permits the new listing standards to provide for a transition period until January 1, 2022 for listed companies. The recommendations are to include actions that could be taken under current laws and rules as well as possible new rulemaking recommendations. Any resulting actions, proceedings or new rules could adversely affect the listing and compliance status of China-based issuers listed in the United States, such as our company, and may have a material and adverse impact on the trading prices of the securities of such issuers, including our ordinary shares, and substantially reduce or effectively terminate the trading of our ordinary shares in the United States.8

7If our estimates related to future expenditures are erroneous or inaccurate, our business will fail and you could lose your entire investment.

~~We,~~Our success is dependent in part upon the accuracy of our ~~customers,~~management’s estimates of our ~~suppliers~~future cost expenditures for legal and accounting services (including those we expect to incur ~~other~~as ~~partners~~a publicly reporting company) and for administrative expenses. If such estimates are erroneous or inaccurate, or if we encounter unforeseen costs, we may not be ~~adversely~~able ~~affected~~to bycarry ~~disaster~~out orour ~~health~~business ~~epidemics~~plan, ~~including~~which could result in the ~~recent~~failure ~~COVID-19~~of ~~outbreak~~our business and the loss of your entire investment.

InIf ~~general,~~we ~~our business~~are ~~could be adversely affected by the effects of epidemics, including, but~~ not ~~limited~~able to, ~~the~~develop ~~COVID-19,~~our ~~avian influenza,~~business ~~severe~~as ~~acute respiratory syndrome (SARS)~~anticipated, ~~the~~we ~~influenza~~may Anot ~~virus,~~be ~~Ebola~~able ~~virus,~~to ~~severe~~generate ~~weather~~revenue ~~conditions such as storm, flood~~ or ~~hazardous~~ ~~air~~achieve ~~pollution,~~profitability orand ~~other~~you ~~outbreaks.~~may Inlose ~~recent~~your ~~years, there have been outbreaks of epidemics in various countries~~investment. Recently, there was an outbreak of a novel strain of coronavirus (COVID-19) in the PRC, which has spread rapidly across the world. In March 2020, the World Health Organization declared the COVID-19 a pandemic.

AsOur ~~all~~business ofprospects ~~our revenues~~ are ~~generated~~difficult into predict ~~Hong~~because ~~Kong, our results~~ of ~~operations~~the ~~will~~financial ~~likely~~service beindustry ~~adversely,~~is ~~and~~highly ~~may~~competitive. beOur ~~materially,~~primary ~~affected,~~business toactivities ~~the~~will ~~extent~~be ~~that~~focused ~~the~~on ~~COVID-19 or any other epidemic harms~~ the ~~Hong~~relative ~~Kong’s~~high risk ~~and~~operating ~~global~~cash ~~economy~~flows funding. ~~Any~~Although ~~potential~~we ~~impact~~believe tothat our ~~results~~business ofplan ~~operations~~has ~~will~~significant ~~depend on~~profit potential, towe amay ~~large~~not ~~extent,~~attain ~~future~~profitable operations ~~developments~~ and ~~new~~our ~~information~~management ~~that~~ may ~~emerge~~not ~~regarding~~succeed ~~the~~in ~~duration~~realizing ~~and~~our ~~severity~~business ~~of the COVID-19~~objectives. ~~The~~ ~~actions~~If ~~taken~~we byare ~~government~~not ~~authorities~~able ~~and~~to ~~other~~develop ~~organizations~~our tobusiness ~~contain~~as ~~the~~anticipated, we ~~spread~~may ofnot ~~COVID-19~~be ~~are~~able ~~beyond~~to ~~our~~generate ~~control.~~revenue ~~Potential impacts~~or ~~include,~~achieve ~~but~~profitability ~~are~~and ~~not~~you ~~limited~~may ~~to,~~lose ~~the~~your ~~following:~~entire investment.

●We ~~temporary~~may ~~closure~~not ofbe ~~offices~~able ~~and~~to ~~the~~execute ~~implement~~our ofbusiness ~~temporary~~plan ~~travel~~or ~~restrictions;~~stay in business without additional funding.

●Our ~~our~~ability ~~customers~~to ~~that~~generate ~~are~~future ~~negatively~~operating ~~impacted~~revenue depends byin ~~the~~part ~~outbreak~~on ofwhether ~~COVID-19~~we ~~may~~can ~~reduce~~obtain ~~their~~necessary ~~budgets~~financing to ~~purchase~~implement our ~~services,~~business ~~which may materially adversely impact our revenue~~plan. We may ~~have~~require toadditional ~~provide~~financing ~~significant~~through the ~~sales~~issuance ~~incentives~~of todebt ~~our~~and/or ~~customers~~equity ~~in response~~ to ~~boost~~fund our ~~sales,~~future ~~which~~operation ~~may~~plans, ~~in turn materially adversely affect our financial condition~~ and ~~operating~~such ~~results;~~financing ~~● our customers~~ may ~~delay~~not ~~the~~be ~~payment~~forthcoming. orAs ~~fail~~widely ~~to pay us at all~~reported, ~~which could significantly increase~~ the ~~amount~~global ~~of accounts receivable~~ and ~~require~~domestic usfinancial tomarkets ~~record~~have ~~additional~~been ~~allowances~~extremely ~~for~~volatile ~~doubtful~~in ~~accounts;~~recent ●months. ~~the~~If ~~business~~such ~~operations~~conditions ~~of our customers have been~~ and ~~could~~constraints continue toor if bethere ~~negatively~~is ~~impacted~~no byinvestor ~~the~~appetite ~~outbreak~~to offinance ~~COVID-19, which may result in loss of customers or disruption of~~ our ~~business~~specific ~~or services~~business, ~~which~~we may innot ~~turn~~be ~~materially~~able ~~adversely~~to ~~affect~~acquire ~~our~~additional ~~financial~~financing ~~condition~~through ~~and~~credit ~~operating~~markets or ~~results;~~equity ~~and~~markets. ●Even ~~some~~if ofadditional ~~our~~financing ~~customers,~~is ~~suppliers and other partners are small and medium-sized enterprises (SMEs)~~available, ~~which~~it may not ~~have~~be ~~strong~~available ~~cash~~on ~~flows~~terms orfavourable beto ~~well~~us. ~~capitalized,~~At ~~and~~this ~~may~~time, bewe ~~vulnerable~~have not toidentified anor ~~epidemic~~secured ~~outbreak~~sources ~~and~~of ~~slowing~~additional ~~macroeconomic conditions~~financing. Our ~~results~~failure ofto ~~operations~~secure ~~and~~additional ~~financial~~financing ~~results~~when ~~may~~it bebecomes ~~materially~~required ~~and~~will ~~adversely~~have an ~~affected~~adverse ifeffect ~~the~~on ~~SMEs~~our ~~that~~ability ~~we work with fail~~ to ~~resume~~remain ~~normal~~in business ~~operations as a result of economic impact or the outbreak of COVID-19~~.

InOur ~~response~~operating tosubsidiaries ~~the outbreak of COVID-19, government and other organizations~~ may ~~adopt~~fail ~~regulations and policies that could lead~~ to ~~severe disruption to our daily operations,~~renew ~~including~~their ~~but not limited to:~~licenses.

	●	the reduction of economic activity and close our office for all our employees to work from home has resulted in a significant reduction in productivity. As a result of these effects, our cumulative revenues for the year ended August 31, 2020 was lower than our revenues for the same period in 2019 with the major negative impact identified in May 2020. Due to the decline of the Group’s operating results in 2020, our liquidity is likely to be negatively impacted and additional funding may be needed in the future;
	●	for the period since December 31, 2019, the Group has furthermore incurred losses. Depending on the duration of the COVID-19 crisis and continued negative impact on economic activity, the Group may experience further negative results, liquidity restraints and incur additional impairments on its assets in 2020, which may result in material adverse impact to our financial condition and results of operations.

Our money lending business is subject to licensing requirements under the provisions of the Money Lenders Ordinance (Chapter 163 of the Laws of Hong Kong). JF, our operating subsidiary, is a licensed money lender in Hong Kong, holding a money lender license. Money lenders licenses are granted by the licensing court of Hong Kong and are renewable annually subject to satisfaction of all licensing conditions. The licensing court has the discretion to suspend or revoke a license if a licensee is in breach of any licensing condition. We cannot guarantee that the conditions or requirements which JF may be required to satisfy or meet will not change from time to time.

~~RISKS~~Our ~~ASSOCIATED~~property ~~WITH~~agency ~~OUR~~business ~~SECURITIES~~is subject to licensing requirements under the provisions of the Estate Agents Ordinance (Chapter 511 of the Laws of Hong Kong). JP is a licensed property agent in Hong Kong, holding an estate agent’s license granted by Estate Agents Authority of Hong Kong. The Estate Agents Authority of Hong Kong has the discretion to suspend or revoke a license if a licensee is in breach of any licensing condition. We cannot guarantee that the conditions or requirements which JP may be required to satisfy or meet will not change from time to time.

~~Our~~In ~~shares~~the ofevent ~~common~~that ~~stock~~our operating subsidiaries are unable to renew their licenses in a timely manner or if the relevant authorities do not ~~presently~~approve the application for a renewal of their ~~trade~~licenses, ~~and~~our ~~the~~subsidiaries ~~price~~ may not ~~reflect~~be ~~our~~able ~~value~~to ~~and~~operate ~~there~~their ~~can~~business beuntil nosuch ~~assurance~~time ~~that~~as ~~there~~they ~~will~~receive benew anlicenses, ~~active~~which ~~market~~may ~~for~~have ~~our~~a ~~shares~~material ofadverse ~~common~~effect ~~stock~~on ~~either~~our ~~now~~financial orcondition inand ~~the~~results ~~future~~of operation.

~~Although~~Our ~~our~~property ~~common~~agency ~~stock~~business ~~is quoted on the OTC Markets, our shares of common stock do not trade~~ and ~~the~~mortgage ~~price of our common stock, if traded, may not reflect our value.~~referral ~~There can be no assurance that there will be an active market for our shares of common stock either now or in the future. Market liquidity will depend on the perception of our operating~~ business ~~and~~are ~~any~~sensitive ~~steps that our management might take~~ to ~~bring~~downturns usin to the ~~awareness~~ ~~of investors. There can be no assurance given that there will be any awareness generated. Consequently~~economy, ~~investors~~economic ~~may not~~uncertainty beand ~~able~~particularly ~~to liquidate their investment or liquidate it at a price that reflects~~ the ~~value~~performance of the ~~business.~~real Asestate amarket result holders of our securities may not find purchasers our securities should they to sell securities held by them. Consequently, our securities should be purchased only by investors having no need for liquidity in ~~their investment and who can hold our securities for an indefinite~~ ~~period~~Hong ~~of time~~Kong.

IfCW aand ~~more~~JP ~~active~~are ~~market~~our ~~should~~operating ~~develop,~~subsidiaries that ~~the~~mainly ~~price~~provide ofmortgage ~~our~~referral ~~shares~~services ofand ~~common~~commercial ~~stock~~property ~~may~~agency beservices ~~highly~~in ~~volatile~~Hong Kong. ~~Because~~Their ~~there~~business ~~may~~and befinancial aperformance are ~~low~~sensitive ~~price~~to ~~for~~the ~~our~~real ~~shares~~estate ofmarket ~~common~~in ~~stock, many~~Hong ~~brokerage~~Kong. ~~firms~~Demand ~~may~~for ~~not~~property beis ~~willing~~sensitive to ~~effect~~downturns ~~transactions~~and uncertainty in ~~our~~the ~~securities.~~global ~~Even~~and regional ifeconomy anand ~~investor~~corresponding ~~finds~~changes ain ~~broker~~the ~~willing~~appetite ~~to effect~~for areal ~~transaction~~estate investments and purchases. Changes in the ~~shares~~appetite offor ~~our~~real estate ~~common~~investments ~~stock,~~and ~~the~~purchases ~~combination~~are ofdriven ~~brokerage~~by ~~commissions,~~various ~~transfer~~factors ~~fees~~including, ~~taxes~~amongst others, ifperceived ~~any~~or actual general economic conditions, employment and ~~any~~job ~~other~~market ~~selling~~conditions, ~~costs~~actual ~~may~~or ~~exceed~~perceived ~~the~~levels ~~selling~~of ~~price.~~disposable ~~Further,~~consumer ~~many~~income ~~lending~~and ~~institutions~~wealth ~~will~~and ~~not~~consumer ~~permit~~confidence in the economy. ~~use~~These ofand ~~such~~other ~~shares of~~factors ~~common~~have, ~~stock~~in asthe ~~collateral~~past, affected consumer demand for real estate and any ~~loans~~negative sentiment or downturn in the economy could materially and adversely affect our business, financial condition and results of operations and also our liquidity position.

WeOur ~~may,~~money inlending ~~the~~business ~~future,~~is ~~issue~~exposed ~~additional~~to the ~~common~~credit ~~shares,~~risks ~~which would reduce investors’ percent~~ of ~~ownership and may dilute~~ our ~~share value~~customers.

~~Our~~The ~~Articles~~financial ofposition ~~Incorporation~~and ~~authorize the~~profitability ~~issuance~~ of ~~75,000,000~~our money ~~shares~~lending ofbusiness ~~common~~depends ~~stock.~~in Aspart ~~of August~~on ~~31,~~our ~~2020,~~customers’ ~~the Company had 6,692,182 shares of common stock issued and outstanding~~creditworthiness. ~~Accordingly~~Thus, we ~~may~~are ~~issue~~exposed up to anour ~~additional~~customers’ ~~68,307,818~~credit ~~shares of common stock~~risks. There ~~The~~is ~~future~~no ~~issuance~~assurance ~~of common~~that ~~stock~~we ~~and/or~~will ~~preferred~~not ~~stock~~encounter ~~will~~doubtful ~~result~~or inbad ~~substantial~~debts ~~dilution~~ in the ~~percentage~~future. ofIf ~~our~~we ~~common~~experience ~~stock~~slower ~~held~~payments byfrom our ~~then~~customers, ~~existing~~it ~~shareholders. We~~ may ~~value~~increase ~~any~~our ~~common~~accounts ~~stock~~receivable ~~issued~~aging inand/or ~~the~~our ~~future~~bad ~~on an arbitrary basis~~debts. ~~The~~Further, ~~issuance~~our ofcash ~~common~~flows ~~stock~~and ~~for future~~financial ~~services~~results orwill ~~acquisitions~~be oradversely ~~other corporate actions may have the effect of diluting the value of the shares held by our~~affected ~~investors,~~if ~~and~~we ~~might~~experience ~~have~~any anunexpected ~~adverse~~delay ~~effect~~or ondifficulty ~~any~~in ~~trading~~collections ~~market~~from ~~for~~ our ~~common stock~~customers.

Our ~~officers~~money ~~and~~lending ~~directors~~business ~~collectively beneficially~~is ~~own~~affected aby ~~majority~~fluctuations in ofinterest ~~our~~rates ~~stock,~~ and ~~accordingly, collectively have control over stockholder matters,~~ our ~~business~~credit ~~and management~~position.

~~Mr.~~The ~~Roy~~interest ~~Chan,~~rate ~~the~~risks ~~Company’s~~faced ~~President~~by JF arise from isboth ~~holder~~the interest-bearing lending and borrowings of ~~4,747,532~~ ~~shares,~~our Mrmoney lending business. ~~Mark~~In ~~Yip~~particular, ~~the~~our ~~director,~~profitability is ~~holder~~highly ofcorrelated with 1the net interest margin,~~250~~ ~~shares~~being the difference between the interest rate charged to our customers and Mrthe costs of our funding. ~~Brian~~The interest ~~Wong~~rate chargeable by JF to its customers is determined by, ~~Chief~~amongst ~~Executive~~other ~~officer~~factors, the market demand for loans and the prevailing iscompetition ~~holder~~in ofthe ~~244~~industry,~~630~~ ~~shares~~and ofis ~~common~~ultimately ~~stock~~capped ofby the ~~Company.~~relevant ~~Therefore,~~provisions ~~our~~of ~~officers~~the ~~and~~Money ~~directors~~Lenders ~~collectively~~Ordinance ~~hold~~(Chapter ~~approximately~~163 of the Laws 74of Hong Kong).~~62%~~ The borrowing cost of ~~our~~JF ~~issued~~is ~~and~~determined ~~outstanding~~with ~~shares~~reference ofto ~~common~~the ~~stock~~overall local money lending market conditions and our credit positions. AsAn increase in general interest rates or a ~~result,~~deterioration of our ~~officers~~credit ~~and~~positions ~~directors~~ will ~~collectively~~lead ~~have~~to ~~the discretion~~increases ~~to:~~in our funding costs.

●Our ~~Elect~~money orlending ~~defeat~~business may be affected by changes in the ~~election~~Money Lenders Ordinance (Chapter 163 of ~~our~~the ~~directors;~~Laws of Hong Kong).

●The ~~Amend~~business oroperation ~~prevent~~of ~~amendment~~JF is regulated under the Money Lenders Ordinance (Chapter 163 of the Laws of Hong Kong) and full compliance with such regulation is essential for us to carry on our ~~Articles~~business. Notwithstanding this, the relevant regulatory authorities may from time to time amend the Money Lenders Ordinance (Chapter 163 of ~~Incorporation~~the Laws of Hong Kong) or ~~Bylaws;~~adopt new laws and regulations applicable to licensed money lenders in Hong Kong. Our operation, financial performance and business prospects may be materially and adversely affected if we are not able to comply with any changes and/or new requirements in applicable laws and regulations related to the money lending industry in Hong Kong. Notably, for the mortgage loans granted by us to our customers, the interest rate for such loans shall not exceed the maximum effective interest rate of 60% per annum as stipulated under the Money Lenders Ordinance (Chapter 163 of the Laws of Hong Kong). In the event that such maximum limit for interest rate is lowered as a result of any change to the Money Lenders Ordinance (Chapter 163 of the Laws of Hong Kong) and/or any relevant laws and regulations, thus limiting and lowering the interest rate we can offer to our customers, our financial performance, operational results and profitability may be materially and adversely affected.

●Unfavourable ~~Effect~~financial ormarket ~~prevent~~and aeconomic conditions ~~merger~~in Hong Kong, ~~sale~~China, ofand ~~assets~~elsewhere orin ~~other~~the ~~corporate~~world ~~transaction;~~could materially and adversely affect our asset management business.

●JA ~~Affect~~is ~~the~~planning ~~outcome~~to ofapply ~~any~~for fund management licenses in Hong Kong or in other ~~matter~~jurisdiction, ~~submitted~~aiming to provide fund management services globally. During a market or general economic downturn, we may derive lower revenue from our asset management business due to lower mark-to-market or fair value of the ~~stockholders~~assets ~~for~~that ~~vote~~we manage. In addition, due to uncertainty or volatility in the market or in response to difficult market conditions, our customers or prospective customers may withdraw funds from, or hesitate to allocate assets to, our asset management business in favor of investments they perceive as offering greater opportunity or lower risk. Difficult market conditions can also materially and adversely affect our ability to launch new products or offer new services in our asset management business, which could negatively affect our financial performance, operational results and profitability.

~~Moreover,~~The ~~because~~loss of the ~~significant~~services ~~ownership position~~of ~~held~~any bykey ~~our~~member of ~~insiders~~management team, ~~new~~our ~~investors~~Chief ~~may~~Executive ~~not~~Officer beand ~~able~~Chairman toof ~~effect~~the aBoard ~~change~~of inDirectors, or our ~~business~~failure orto ~~management,~~timely identify and ~~therefore,~~retain ~~shareholders~~competent ~~would~~personnel ~~have~~could nonegatively ~~recourse~~impact asour aability ~~result~~to ofdevelop ~~decisions~~our ~~made~~business byand ~~management~~sell our services.

InThe ~~addition,~~decision ~~sales~~making ofis ~~significant~~based ~~amounts~~ on a team of ~~shares~~management, which ~~held~~consists byof ~~our~~at ~~officers~~least ~~and~~5 directors, and/or ~~the~~managers. ~~prospect~~The board of ~~these~~directors ~~sales,~~consists ~~could~~of ~~adversely~~6 ~~affect~~members. We are not highly dependent on any manager or director for any business decisions. Our future success depends upon the ~~market~~continued ~~price~~services of our ~~common~~executive officers who are ~~stock.~~developing ~~Management’s~~our ~~stock~~business, ~~ownership~~and ~~may~~on ~~discourage~~our aability ~~potential~~to ~~acquirer~~identify ~~from~~and ~~making~~retain acompetent ~~tender~~consultants ~~offer~~and oremployees ~~otherwise~~with ~~attempting~~ the skills required to ~~obtain~~execute our ~~control~~business objectives. The loss of ~~us,~~the ~~which~~services inof ~~turn~~any ~~could~~executive ~~reduce~~officer or director or our ~~stock~~failure ~~price~~to ortimely ~~prevent~~identify and retain competent personnel would have small impact our ~~stockholders~~ability ~~from~~to ~~realizing~~develop aour ~~premium~~business ~~over~~and license our brand, and have minimal effect on our financial ~~stock~~results ~~price~~and impair our growth.

~~State securities laws may limit secondary trading, which may restrict the states in which and conditions under which you can sell the shares offered by this prospectus.~~10

~~Secondary~~Our ~~trading~~success independs ~~common~~on ~~stock~~good ~~sold in~~business ~~this offering will not be possible in any state until the common stock is qualified for sale under the applicable securities~~relationship ~~laws~~with ofclients ~~the~~and ~~state~~banks orand ~~there~~other isfinancial ~~confirmation that an exemption, such as listing in certain recognized securities manuals, is available for secondary trading in the state~~institutions. If we fail to register or qualify, or to obtain or verify an exemption for the secondary trading of, the common stock in any particular state, the common stock could not be offered or sold to, or purchased by, a resident of that state. In the event that a significant number of states refuse to permit secondary trading in our common stock, the liquidity for the common stock could be significantly impacted thus causing you to realize a loss on your investment.

~~The~~Our ~~Company~~success ~~does~~depends ~~not intend to seek registration~~on orgood ~~qualification~~business ofrelationship ~~its~~with ~~shares~~clients ofand ~~common~~banks ~~stock~~and ~~the~~other ~~subject~~financial ~~of this offering in any State or territory of the United States~~institutions. ~~Aside from~~Our abusiness ~~“secondary~~would ~~trading” exemption, other exemptions under state law and the laws of US territories may~~ be ~~available to~~adversely ~~purchasers~~affected ~~of the shares of common stock sold in this offering,~~if:

~~Anti-takeover~~● ~~effects~~the ofmajor ~~certain~~banks ~~provisions~~ in Hong Kong such as HSBC, Bank of ~~Nevada~~China, ~~state~~Hang ~~law~~Seng ~~hinder~~Bank, asuspend ~~potential~~or ~~takeover~~terminate oftheir ~~us.~~mortgage business, our revenue generated from mortgage referral business will be substantially impacted;

~~Though~~● ~~not~~our ~~now,~~major webusiness ~~may~~partner, beSavills or(Hong inKong), ~~the future we may become subject to Nevada’s control share law. A corporation is subject to Nevada’s control share law if it~~ has ~~more~~ ~~than~~any ~~200~~negative ~~stockholders,~~impact aton ~~least~~their ~~100 of whom are stockholders of record and residents of Nevada, and it does~~ business ~~in Nevada~~ or ~~through~~their ~~an affiliated corporation. The law focuses on the acquisition of a “controlling interest” which means the ownership of outstanding voting shares sufficient~~reputation, ~~but~~our ~~for~~revenue ~~the~~generated ~~control~~from ~~share~~property ~~law,~~agency tobusiness ~~enable~~will ~~the~~be ~~acquiring person to exercise the following proportions of the voting power of the corporation in the election of directors:~~affected;

~~(i)~~● ~~one-fifth~~we orfail ~~more but less than one-third, (ii) one-third or more but less than a majority, or (iii) a majority or more. The ability~~ to ~~exercise~~raise ~~such~~capital ~~voting~~for ~~power~~the ~~may~~development ~~be direct~~of orinitial ~~indirect,~~customer asbase ~~well~~and ~~as individual or in association with others.~~reputation;

~~The~~● ~~effect~~we offail ~~the~~to ~~control~~implement ~~share~~our ~~law~~business ~~is that~~model ~~the acquiring person,~~ and ~~those~~strategy; acting in association with it, obtains only such voting rights in the control shares as are conferred by a resolution of the stockholders of the corporation, approved at a special or annual meeting of stockholders. The control share law contemplates that voting rights will be considered only once by the other stockholders. Thus, there is no authority to strip voting rights from the control shares of an acquiring person once those rights have been approved. If the stockholders do not grant voting rights to the control shares acquired by an acquiring person, those shares do not become permanent non-voting shares. The acquiring person is free to sell its shares to others. If the buyers of those shares themselves do not acquire a controlling interest, their shares do not become governed by the control share law.and

9● we are not able to retain our management team who have extensive working experience in the banking and finance sectors.

IfWe ~~control~~incur ~~shares~~costs ~~are~~associated ~~accorded full voting rights and the acquiring person has acquired control shares~~ with aSEC ~~majority or more of the voting power, any stockholder of record,~~reporting ~~other than an acquiring person~~compliance, ~~who~~which ~~has~~may ~~not~~significantly ~~voted~~affect inour ~~favor~~financial ~~of approval of voting rights is entitled to demand fair value for such stockholder’s shares~~condition.

~~Nevada~~The Company made the decision to become an SEC “reporting company” in order to comply with applicable laws and regulations. We incur certain costs of compliance with applicable SEC reporting rules and regulations including, but not limited to attorneys’s ~~control~~fees, ~~share~~accounting ~~law~~and ~~may~~auditing ~~have~~fees, other professional fees, financial printing costs and Sarbanes-Oxley compliance costs in an amount estimated at approximately US$100,000 per year. On balance, the ~~effect~~Company ofdetermined ~~discouraging~~that ~~takeovers~~the incurrence of such costs and expenses was preferable to the ~~corporation~~Company being in a position where it had very limited access to additional capital funding.

InWe ~~addition~~have toidentified ~~the~~material ~~control~~weaknesses ~~share~~in ~~law, Nevada~~our ~~has~~internal acontrol ~~business~~over ~~combination~~financial ~~law~~reporting. ~~which~~If ~~prohibits~~we ~~certain~~fail ~~business~~to ~~combinations~~remediate ~~between Nevada corporations and “interested stockholders” for three years after~~ the ~~“interested~~material ~~stockholder”~~weaknesses ~~first~~or ~~becomes~~maintain an ~~“interested~~effective ~~stockholder,” unless~~system ~~the corporation’s board~~ of ~~directors~~internal control ~~approves~~over ~~the~~financial ~~combination in advance. For purposes of Nevada law~~reporting, anwe ~~“interested stockholder”~~may isbe ~~any~~unable ~~person~~to ~~who~~accurately isreport ~~(i)~~our ~~the~~financial ~~beneficial~~results ~~owner, directly~~ or ~~indirectly,~~prevent ~~of ten percent or more of the voting power of the outstanding voting shares of the corporation~~fraud, ~~or (ii) an affiliate or associate of the corporation~~ and atinvestor ~~any time~~confidence ~~within~~and the ~~three~~market ~~previous~~price ~~years was the beneficial owner, directly or indirectly,~~ of ~~ten~~our ~~percent or more of the voting power of the then outstanding~~ shares ofmay ~~the~~be ~~corporation.~~adversely The definition of the term “business combination” is sufficiently broad to cover virtually any kind of transaction that would allow a potential acquiror to use the corporation’s assets to finance the acquisition or otherwise to benefit its own interests rather than the interests of the corporation and its other stockholdersaffected.

~~The~~To ~~effect~~implement Section 404 of ~~Nevada~~the Sarbanes-Oxley Act of 2002, or SOX 404, the SEC adopted rules requiring public companies to include a report of management on the company’s ~~business combination~~internal control over financial reporting in their annual reports on Form 10-K. Under current law, iswe are subject to ~~potentially~~the ~~discourage~~requirement ~~parties~~that ~~interested~~we inmaintain internal ~~taking~~controls ~~control~~and ofthat usmanagement ~~from~~perform ~~doing~~periodic soevaluation ifof itthe ~~cannot~~effectiveness ~~obtain~~of the ~~approval~~internal ofcontrols, assuming our filing status ~~board~~remains as a smaller reporting company. A report of ~~directors~~our management is included under Item 9A of this Annual Report on Form 10-K. Our management has identified the following material weaknesses in our internal control over financial reporting:

Because we do not intend to pay any cash dividends on our common stock, our stockholders will not be able to receive a return on their shares unless they sell them.

	(1)	We do not have an audit committee – While we are not obligated to have an audit committee, it is management’s view that such a committee, including a financial expert member, is an utmost important entity level control over the Company’s financial reporting. Currently, our Chief Executive Officer and directors act in the capacity of the audit committee, and do not include a member that is considered to be independent of management to provide the necessary oversight over management’s activities.

	(2)	We do not have adequate written policies and procedures – Due to lack of adequate written policies and procedures for accounting and financial reporting, we did not establish a formal process to close our books monthly and account for all transactions in a timely manner.

	(3)	We did not implement appropriate information technology controls – As at August 31, 2021, we retained copies of all financial data and material agreements; however, there is no formal procedure or evidence of normal backup of our data or off-site storage of the data in the event of theft, misplacement, or loss due to unmitigated factors.

	(4)	We do not have sufficient and skilled accounting personnel with an appropriate level of technical accounting knowledge and experience in the application of accounting principles generally accepted in the United States commensurate with our financial reporting requirements.

We intend to retain any future earnings to finance the development and expansion of our business. We do not anticipate paying any cash dividends on our common stock in the foreseeable future. Unless we pay dividends, our stockholders will not be able to receive a return on their shares unless they sell them. Stockholders may never be able to sell shares when desired. Before you invest in our securities, you should be aware that there are various risks. You should consider carefully these risk factors, together with all of the other information included in this annual report before you decide to purchase our securities. If any of the following risks and uncertainties develop into actual events, our business, financial condition or results of operations could be materially adversely affected.11

~~ITEM~~A 1B“material weakness” is a deficiency, or a combination of deficiencies, in internal control over financial reporting, such that there is a reasonable possibility that a material misstatement of the company’s annual or interim financial statements will not be prevented or detected on a timely basis. ~~UNRESOLVED~~We ~~STAFF~~have taken ~~COMMENTS~~measures and plan to continue to take measures to remedy this material weakness. However, the implementation of these measures may not fully address the material weakness in our internal control over financial reporting. Our failure to address any control deficiency could result in inaccuracies in our financial statements and could also impair our ability to comply with applicable financial reporting requirements and related regulatory filings on a timely basis. Moreover, effective internal control over financial reporting is important to prevent fraud. As a result, our business, financial condition, results of operations and prospects, as well as the trading price of our shares, may be materially and adversely affected.

~~None~~Our independent registered auditors have expressed substantial doubt about our ability to continue as a going concern.

~~ITEM~~Our 2audited financial statements included in this report include an explanatory paragraph that indicates that they were prepared assuming that we would continue as a going concern. As ~~PROPERTIES~~of August 31, 2021, we have suffered recurring losses from operations, and records an accumulated deficit and a working capital deficit of $962,330 and $511,049, respectively. These factors raise substantial doubts about our ability to continue as a going concern. Our continuation as a going concern is dependent upon improving our profitability and the continuing financial support from our shareholders or other debt or capital sources. Management believes the existing shareholders or external financing will provide the additional cash to meet our obligations as they become due. There can be no assurance that we will be successful in our plans described above or in attracting equity or alternative financing on acceptable terms, or if at all. These financial statements do not include any adjustments to reflect the possible future effects on the recoverability and classification of assets and liabilities that may result in our inability to continue as a going concern.

WeThe doaudit report included in this report have been prepared by auditors whose work may not ~~own~~be ~~any~~inspected ~~property~~fully by the Public Company Accounting Oversight Board and, as such, you may be deprived of the benefits of such inspection.

~~ITEM~~As 3a public company with securities quoted on the OTCQB, we will be required to have our financial statements audited by an independent registered public accounting firm registered with the PCAOB. ~~LEGAL~~A ~~PROCEEDINGS~~requirement of being registered with the PCAOB is that if requested by the SEC or PCAOB, such accounting firm is required to make its audits and related audit work papers be subject to regular inspections to assess its compliance with the applicable professional standards.

WeSince ~~are~~our ~~not~~auditor is located in Hong Kong and China, jurisdictions where the PCAOB has been unable to conduct inspections without the approval of the Chinese authorities due to various state secrecy laws and the revised PRC Securities Law, the PCAOB currently ~~involved~~does not have free access to inspect the work of our auditor. This lack of the PCAOB inspections in ~~any~~Hong ~~legal~~Kong ~~proceedings~~and China prevents the PCAOB from fully evaluating audits and wequality control procedures of our auditor. As a result, we and our stockholders are ~~not~~deprived ~~aware~~of the benefits of ~~any~~such ~~pending~~PCAOB orinspections, ~~potential~~which ~~legal~~could ~~actions~~cause investors in our stock to lose confidence in our audit procedures and the quality of our financial statements.

~~ITEM~~On 4December 18, 2020, the Holding Foreign Companies Accountable Act, or HFCAA, was enacted. ~~SUBMISSION~~In OFessence, ~~MATTERS~~the TOact Arequires ~~VOTE~~the SEC to prohibit securities of any foreign companies from being OFlisted ~~SECURITY~~on ~~HOLDERS~~U.S. securities exchanges or traded “over-the-counter” if a company retains a foreign accounting firm that cannot be inspected by the PCAOB for three consecutive years, beginning in 2021. Our independent registered public accounting firm is located in and organized under the laws of Hong Kong and China, jurisdictions where the PCAOB is currently unable to conduct inspections without the approval of the Chinese authorities, and therefore our auditors are not currently inspected by the PCAOB.

~~No report required.~~12

10On March 24, 2021, the SEC adopted interim final amendments, relating to the implementation of certain disclosure and documentation requirements of the HFCAA, and on December 2, 2021, adopted amendments to finalize rules implementing the submission and disclosures in the HFCAA. The final amendments applied to registrants that the SEC identifies as having filed an annual report with an audit report issued by a registered public accounting firm that is located in a foreign jurisdiction and that the PCAOB has determined it is unable to inspect or investigate completely because of a position taken by an authority in that jurisdiction. Before any registrant will be required to comply with the final amendments, the SEC must implement a process for identifying such registrants. Consistent with the HFCAA, the amendments require any identified registrant to submit documentation to the SEC establishing that the registrant is not owned or controlled by a government entity in that jurisdiction, and also require, among other things, disclosure in the registrant’s annual report regarding the audit arrangements of, and government influence on, such registrant. If a registrant is identified as a commission-identified issuer based on its annual report for the fiscal year ended December 31, 2021, the registrant will be required to comply with the submission or disclosure requirements in its annual report filing covering the fiscal year ended December 31, 2022.

~~PART~~Furthermore, IIon June 22, 2021, the U.S. Senate passed a bill which, if passed by the U.S. House of Representatives and signed into law, would reduce the number of consecutive non-inspection years required for triggering the prohibitions under the HFCAA from three years to two.

~~ITEM~~The 5SEC may propose additional rules or guidance that could impact us if our auditor is not subject to PCAOB inspection. ~~MARKET~~For ~~FOR~~example, ~~COMMON~~on ~~EQUITY~~August ~~AND~~6, ~~RELATED~~2020, the President’s Working ~~STOCKHOLDER~~Group ~~MATTERS~~on Financial Markets, or the PWG, issued the Report on Protecting United States Investors from Significant Risks from Chinese Companies to the then President of the United States. This report recommended that the SEC implement five recommendations to address companies from jurisdictions that do not provide the PCAOB with sufficient access to fulfil its statutory mandate. Some of the concepts of these recommendations were implemented with the enactment of the HFCAA. However, some of the recommendations were more stringent than the HFCAA. For example, if a company was not subject to PCAOB inspection, the report recommended that the transition period before a company would be delisted would end on January 1, 2022.

~~MARKET~~The ~~INFORMATION~~enactment of the HFCAA and the implications of any additional rulemaking efforts to increase U.S. regulatory access to audit information in Hong Kong and China could cause investor uncertainty for affected SEC registrants, including us, and the market price of our stock could be materially adversely affected. Additionally, whether the PCAOB will be able to conduct inspections of our auditors in the next three years, or at all, is subject to substantial uncertainty and depends on a number of factors out of our control. If we are unable to meet the PCAOB inspection requirement in time, our stock will not be permitted for trading “over-the counter” either. Such prohibition would substantially impair your ability to sell or purchase our stock when you wish to do so, and the risk and uncertainty associated with delisting would have a negative impact on the price of our stock. Also, such a delisting would significantly affect our ability to raise capital on terms acceptable to us, or at all, which would have a material adverse impact on our business, financial condition and prospects.

AsOn ofNovember ~~August~~5, 312021, ~~2020~~the SEC approved PCAOB Rule 6100, Board Determination Under the 6Holding Foreign Companies Accountability Act,~~692,182~~ ~~issued~~effective immediately. The rule establishes “a ~~and~~framework ~~outstanding~~for ~~shares~~the ofPCAOB’s ~~common~~determinations ~~stock~~under ~~were~~the ~~held~~HFCAA bythat the PCAOB is unable to inspect or investigate completely registered public accounting firms located in a ~~total~~foreign jurisdiction because of 61a ~~shareholders~~position oftaken ~~record~~by an authority in that jurisdiction.”

~~DIVIDENDS~~13

WeProceedings ~~have~~instituted ~~never~~by ~~paid~~the orSEC ~~declared~~against ~~any~~five PRC-based ~~dividends~~accounting onfirms ~~our~~could ~~common~~result ~~stock and~~in dofinancial ~~not~~statements ~~anticipate~~being ~~paying~~determined ~~cash~~to ~~dividends~~be not in compliance with the ~~foreseeable~~requirements ~~future~~of the Securities Exchange Act of 1934.

~~SECURITIES~~Starting ~~AUTHORIZED~~in ~~FOR~~2011, ~~ISSUANCE~~the ~~UNDER~~China-based ~~EQUITY~~“big ~~COMPENSATION~~four” ~~PLANS~~accounting firms were affected by a conflict between U.S. and Chinese law. Specifically, for certain U.S.-listed companies operating and audited in mainland China, the SEC and the PCAOB sought to obtain from the Chinese firms access to their audit work papers and related documents. The firms were, however, advised and directed that under Chinese law, they could not respond directly to the U.S. regulators on those requests, and that requests by foreign regulators for access to such papers in China had to be channeled through the Chinese Securities Regulatory Commission, or CSRC.

WeIn ~~currently~~late do2012, this impasse led the SEC to commence administrative proceedings under Rule 102(e) of its Rules of Practice and also under the Sarbanes-Oxley Act of 2002 against the Chinese accounting firms, including our independent registered public accounting firm. A first instance trial of the proceedings in July 2013 in the SEC’s internal administrative court resulted in an adverse judgment against the firms. The administrative law judge proposed penalties on the firms including a temporary suspension of their right to practice before the SEC, although that proposed penalty did not ~~have~~take effect pending review by the Commissioners of the SEC. On February 6, 2015, before a review by the Commissioner had taken place, the firms reached a settlement with the SEC. Under the settlement, the SEC accepts that future requests by the SEC for the production of documents will normally be made to the CSRC. The firms will receive matching Section 106 requests, and are required to abide by a detailed set of procedures with respect to such requests, which in substance require them to facilitate production via the CSRC. If they fail to meet specified criteria, the SEC retains authority to impose a variety of additional remedial measures on the firms depending on the nature of the failure. Remedies for any ~~equity~~future ~~compensation~~noncompliance ~~plans~~could include, as appropriate, an automatic six-month bar on a single firm’s performance of certain audit work, commencement of a new proceeding against a firm, or, in extreme cases, the resumption of the current proceeding against all four firms.

~~ITEM~~In 6the event that the SEC restarts the administrative proceedings, depending upon the final outcome, listed companies in the U.S. ~~SELECTED~~with ~~FINANCIAL~~major ~~DATA~~PRC operations may find it difficult or impossible to retain auditors in respect of their operations in the PRC, which could result in financial statements being determined to not be in compliance with the requirements of the Exchange Act, including possible delisting. Moreover, any negative news about the proceedings against these audit firms may cause investor uncertainty regarding PRC-based, U.S.-listed companies and the market price of our common stock may be adversely affected.

AsIf aour ~~smaller~~independent ~~reporting~~registered ~~company~~public accounting firm was denied, weeven ~~are~~temporarily, ~~not~~the ~~required~~ability to ~~provide~~ practice before the ~~information~~SEC ~~called~~and ~~for~~we bywere ~~Item~~unable 6to timely find another registered public accounting firm to audit and issue an opinion on our financial statements, our financial statements could be determined not to be in compliance with the requirements of ~~Form~~the ~~10-K~~Exchange Act.

~~ITEM~~We, 7.our ~~MANAGEMENT’S~~customers, ~~DISCUSSION~~our ~~AND~~suppliers ~~ANALYSIS~~and ~~OF FINANCIAL~~other ~~CONDITION~~partners ~~AND~~may ~~RESULT~~be OFadversely ~~OPERATIONS~~affected by disaster or health epidemics, including the recent COVID-19 outbreak.

~~The~~In ~~following~~general, ~~discussion~~our ~~should~~business could be ~~read in~~adversely ~~conjunction~~affected ~~with~~by ~~our~~the ~~financial~~effects ~~statements~~of epidemics, including, ~~the~~but ~~notes~~not ~~thereto~~limited to, ~~appearing~~the ~~elsewhere~~COVID-19, inavian ~~this~~influenza, ~~annual~~severe ~~report.~~acute ~~The following~~respiratory ~~discussion~~syndrome ~~contains~~(SARS), ~~forward-looking~~the ~~statements~~influenza ~~that~~A ~~reflect~~virus, ~~our~~Ebola ~~plans~~virus, ~~estimates and~~severe ~~beliefs.~~weather ~~Our~~conditions ~~actual results could differ~~such ~~materially~~as ~~from~~storm, ~~those~~flood ~~discussed~~or inhazardous ~~the~~air ~~forward~~pollution, ~~looking~~or ~~statements~~other outbreaks. ~~Factors~~ ~~that~~In ~~could~~recent ~~cause~~years, orthere ~~contribute~~have tobeen ~~such differences include~~outbreaks of epidemics in various countries. Recently, ~~but~~there ~~are~~was ~~not~~an ~~limited~~outbreak toof ~~those~~a ~~discussed~~novel ~~below~~strain of ~~and~~coronavirus ~~elsewhere~~(COVID-19) in ~~this~~the ~~Annual~~PRC, ~~Report. Our~~which ~~audited~~has ~~financial statements~~spread ~~are~~rapidly ~~stated~~across inthe ~~United~~world. ~~States~~In ~~Dollars~~March ~~and~~2020, ~~are~~the ~~prepared~~World ~~in accordance with United States~~Health ~~Generally~~Organization declared ~~Accepted~~the ~~Accounting~~COVID-19 ~~Principles~~a pandemic. In 2021, COVID-19 still affects the world.

1114

~~Overview~~As all of our revenues are generated in Hong Kong, our results of operations will likely be adversely, and may be materially, affected, to the extent that the COVID-19 or any other epidemic harms the Hong Kong’s and global economy. Any potential impact to our results of operations will depend on, to a large extent, future developments and new information that may emerge regarding the duration and severity of the COVID-19. The actions taken by government authorities and other organizations to contain the spread of COVID-19 are beyond our control. Potential impacts include, but are not limited to, the following:

We● ~~were~~temporary ~~incorporated~~closure ~~in the State~~ of ~~Nevada on~~offices ~~May 19, 2016. We commenced operations in tourism. We were a travel agency that organized individual~~ and ~~group~~the ~~tours~~implement inof ~~Kyrgyzstan, such~~temporary ~~as cultural, recreational, sport, business, ecotours and other~~ travel tours. Services and products provided by our company included custom packages according to the client’s specifications. We developed and offered our own tours in Kyrgyzstan as well as third-party suppliers.restrictions;

On● ~~July~~our ~~15,~~customers ~~2019,~~that are negatively impacted by the ~~Company’s~~outbreak ~~principal office~~of ~~relocated~~COVID-19 may reduce their budgets to ~~Room~~purchase ~~1204-06,~~our ~~12/F~~services, 69which ~~Jervois~~may ~~Street,~~materially ~~Sheung~~adversely ~~Wan,~~impact ~~Hong~~our ~~Kong~~revenue. OnWe ~~January~~may ~~15,~~have ~~2020,~~to provide significant sales incentives to our ~~principal~~customers ~~office~~in ~~relocated~~ response to ~~Suite~~boost ~~1802-03,~~our ~~18/F~~sales, ~~Strand~~which ~~50,~~may 50in ~~Bonham~~turn ~~Strand,~~materially ~~Sheung~~adversely ~~Wan~~affect our financial condition and operating results; ● our customers may delay the payment or fail to pay us at all, ~~Hong~~which ~~Kong.~~could ~~Our~~significantly ~~management~~increase isthe ~~planning~~amount of accounts receivable and require us to ~~restructure~~record ~~our~~additional allowances for doubtful accounts; ● the business ~~from~~ aoperations ~~travel~~of ~~agency~~our customers have been and could continue to abe ~~Fintech~~negatively ~~Company~~impacted ~~with~~by ~~major~~the ~~business~~outbreak ~~focusing~~of onCOVID-19, ~~financials~~which may result in loss of customers or disruption of our business or services, which may in turn materially adversely affect our financial condition and ~~using~~operating ~~the~~results; ~~internet~~and ● some of our customers, ~~mobile~~suppliers ~~devices~~and other partners are small and medium-sized enterprises (SMEs), ~~software~~ ~~technology~~which may not have strong cash flows or ~~cloud~~be ~~services~~well capitalized, and may be vulnerable to ~~perform~~an orepidemic ~~connect~~outbreak ~~with~~and slowing macroeconomic conditions. Our results of operations and financial ~~services~~results may be materially and adversely affected if the SMEs that we work with fail to resume normal business operations as a result of economic impact or the outbreak of COVID-19.

~~Reverse~~In ~~Acquisition~~response to the outbreak of ~~JTI~~COVID-19, government and other organizations may adopt regulations and policies that could lead to severe disruption to our daily operations, including but not limited to:

On April 2, 2020, the Company entered into a Sale and Purchase Agreement, by and among the Company, JTI, a Hong Kong corporation, and the Vendor.

	●	the reduction of economic activity and close our office for all our employees to work from home has resulted in a significant reduction in productivity. As a result of these effects, our cumulative revenues for the years ended August 31, 2020 were lower than our revenues for the same period in 2019 with the major negative impact identified in May 2020. Although our revenues increased in fiscal 2021, we continued to incur losses. Our liquidity is likely to be negatively impacted and additional funding may be needed in the future;

	●	Since the year ended August 31, 2019, the Group has furthermore incurred losses. Depending on the duration of the COVID-19 crisis and continued negative impact on economic activity, the Group may experience further negative results, liquidity restraints and incur additional impairments on its assets going forward, which may result in material adverse impact to our financial condition and results of operations.

~~Under~~RISKS ~~the~~ASSOCIATED ~~terms~~WITH ~~and~~OUR conditions of the Agreement (and supplemented by the Amendment, the Second Amendment and the Third Amendment), the Company offered, sold and will issue 4,118,182 shares of common stock in consideration for all the issued and outstanding shares in JTI. The effect of the issuance is that the Vendor now hold approximately 61.54% of the issued and outstanding shares of common stock of the Company.SECURITIES

~~Mr.~~Our ~~Roy Chan, the founder of JTI, and Chairman of the board of directors is the holder of 629,350~~ shares of common stock ofdo ~~the~~not ~~Company~~presently trade, ~~prior~~and to the ~~Transaction.~~price ~~The~~may ~~Company’s officers~~not ~~and~~reflect ~~directors,~~our ~~Mr.~~value ~~Roy~~and ~~Chan,~~there ~~Mr.~~can ~~Mark~~be ~~Yip~~no ~~and~~assurance ~~Mr.~~that ~~Brian~~there ~~Wong~~will ~~therefore,~~be ~~control~~ an ~~aggregate~~active ofmarket ~~4,993,412~~for orour ~~74.62%~~shares of ~~the~~ ~~outstanding~~ common stock ofeither ~~the~~now ~~Company,~~or onin ~~a fully diluted basis, after~~ the ~~Transaction~~future.

AsAlthough aour ~~result~~common stock is quoted on the OTC Markets, our shares of common stock do not trade and the ~~agreement~~price of our common stock, ~~JTI~~if istraded, may not reflect our value. There can be no assurance that there will be an active market for our shares of common stock either now or in the future. Market liquidity will depend on the perception of our operating business and any steps that our management might take to bring us to the awareness of investors. There can be no assurance given that there will be any awareness generated. Consequently, investors may not be able to liquidate their investment or liquidate it at a ~~wholly-owned~~price ~~subsidiary~~that reflects the value of the ~~Company~~business. As a result holders of our securities may not find purchasers our securities should they to sell securities held by them. Consequently, our securities should be purchased only by investors having no need for liquidity in their investment and who can hold our securities for an indefinite period of time.

The transaction with JTI was treated as a reverse acquisition, with JTI as the acquirer and the Company as the acquired party. As a result of the controlling financial interest of the former stockholders of JTI, for financial statement reporting purposes, the merger between the Company and JTI was treated as a reverse acquisition, with JTI deemed the accounting acquirer and the Company deemed the accounting acquiree under the acquisition method of accounting in accordance with the Section 805-10-55 of the FASB Accounting Standards Codification. The reverse acquisition is deemed a capital transaction in substance whereas the assets and liabilities of JTI. (the accounting acquirer) are carried forward to the Company (the legal acquirer and the reporting entity) at their carrying value before the combination and the equity structure (the number and type of equity interests issued) of JTI is being retroactively restated using the exchange ratio established in the Share Purchase Agreement to reflect the number of shares of the Company issued to effect the acquisition. The number of common shares issued and outstanding and the amount recognized as issued equity interests in the consolidated financial statements is determined by adding the number of common shares deemed issued and the issued equity interests of JTI immediately prior to the business combination to the unredeemed shares and the fair value of the Company determined in accordance with the guidance in ASC Section 805-40-55 applicable to business combinations, i.e. the equity structure (the number and type of equity interests issued) in the consolidated financial statements immediately post combination reflects the equity structure of the Company, including the equity interests the legal acquirer issued to effect the combination.15

~~JTI~~If ~~has~~a ~~four~~more ~~wholly~~active ~~owned~~market ~~operating~~should ~~subsidiaries~~develop, the price ~~namely,~~of ~~JTI~~our ~~Finance~~shares ~~Limited,~~of ~~Concept~~common Westock ~~Mortgage~~may ~~Broker~~be ~~Limited~~highly volatile. Because there may be a low price for our shares of common stock, ~~JTI~~many ~~Property~~brokerage firms ~~Agency~~may ~~Limited~~not ~~and~~be ~~JTI~~willing ~~Asset~~to ~~Management~~effect ~~Limited~~transactions in our securities. Even if an investor finds a broker willing to effect a transaction ~~The~~in ~~principal~~the ~~activities~~shares of ~~JTI~~our ~~are~~common ~~provision~~stock, the combination of ~~diversified~~brokerage ~~financial~~commissions, ~~services~~transfer ~~through~~fees, ~~its~~taxes, ~~wholly~~if ~~owned~~any, ~~subsidiaries~~and ~~incorporated~~any other selling costs inmay ~~Hong~~exceed ~~Kong~~the selling price. Further, many lending institutions will not permit the use of such shares of common stock as collateral for any loans.

JFWe ismay, ~~a licensed money lender~~ in ~~Hong~~the ~~Kong~~future, ~~holding~~ aissue ~~money~~additional ~~lender license no. 0991/2019 granted by the licensing court of Hong Kong. JF offers various types of loans including~~common ~~but not limited to personal loan~~shares, ~~business~~which ~~loan,~~would ~~credit~~reduce ~~card~~investors’ ~~consolidation~~percent ~~loan~~of ownership and ~~equity~~may ~~pledge~~dilute ~~loan~~our toshare ~~its customers in Hong Kong~~value.

CWOur isArticles ~~one~~of Incorporation authorize the issuance of 75,000,000 shares of common stock. As of August 31, 2021, and taking into consideration the ~~active~~cancellation ~~mortgage~~of ~~brokers~~930,233 shares of common stock in ~~Hong~~relation ~~Kong~~to the SPA Termination agreement of acquiring shareholding in Bac Giang International Logistics Co., ~~Its~~Ltd, ~~revenue~~the Company ishad ~~mainly~~6,692,187 ~~derived~~shares ~~from~~of common stock issued and outstanding. Accordingly, we may issue up to an additional 68,307,818 shares of common stock. The future issuance of common stock and/or preferred stock will result in substantial dilution in the ~~referral~~percentage ~~fee~~of ~~from~~our common stock held by our then existing shareholders. We may value any common stock issued in the ~~banks~~future ~~and~~on ~~financial~~an ~~institutions~~arbitrary basis. The issuance of common stock for future services or acquisitions or other corporate actions may have the ~~mortgage~~effect ~~referral~~of diluting the value of the shares held by our investors, and might have an adverse effect on any trading market for our common stock.

JPOur isofficers aand ~~licensed~~directors ~~property~~collectively ~~agent in Hong~~beneficially ~~Kong,~~own ~~holding~~a anmajority ~~estate agent’s license granted by Estate Agents Authority~~ of ~~Hong~~our ~~Kong.~~stock, ~~Its~~and ~~revenue~~accordingly, iscollectively ~~mainly~~have ~~derived~~control ~~from the~~over ~~commission~~stockholder ~~provided~~matters, byour ~~the~~business ~~landlord~~and ~~for facilitating the sales or lease of commercial properties~~management.

JAAs isof aDecember ~~consultancy~~9, ~~services~~2021, ~~company~~Mr. ~~After~~ Roy Chan, the ~~completion~~Company’s President is holder of 4,747,532 ~~the~~shares, ~~Agreement~~Mr. Mark Yip, JAthe director, is ~~planning~~holder toof ~~apply~~1,250 ~~for~~shares ~~fund~~and ~~management~~Mr. ~~licenses~~Brian inWong, ~~Hong~~Chief ~~Kong~~Executive officer, oris inholder ~~other~~of ~~jurisdiction~~244,630 ~~aiming~~shares of common stock of the Company. Therefore, our officers and directors collectively hold approximately to74.62% ~~provide~~of ~~fund~~our ~~management~~issued ~~services~~and ~~globally~~outstanding shares of common stock. As a result, our officers and directors will collectively have the discretion to:

~~Impact~~● Elect or defeat the election of ~~COVID-19~~our directors;

~~The~~● ~~spread~~Amend ofor ~~the~~prevent ~~coronavirus~~amendment ~~(“COVID-19”) around the world has caused significant business disruption in year 2020. In March 2020, the World Health Organization declared the outbreak~~ of ~~COVID-19~~our asArticles ~~a global pandemic, which continues to spread around the world. There is significant uncertainty around the breadth and duration~~ of ~~business~~Incorporation ~~disruptions~~or related to COVID-19, as well as its impact on the Hong Kong’s and global economy. While it is difficult to estimate the financial impact of COVID-19 on the Company’s operations, management believes that COVID-19 could have a material impact on its financial results in year 2021.Bylaws;

12● Effect or prevent a merger, sale of assets or other corporate transaction; and

~~Results~~● Affect the outcome of ~~operations~~any other matter submitted to the stockholders for vote.

~~The~~Moreover, ~~following~~because ~~table~~of ~~sets~~the ~~forth~~significant ~~key~~ownership position ~~components~~held ofby our ~~results of~~insiders, ~~operations~~new ~~for~~investors ~~the~~may ~~years~~not ~~ended~~be ~~August~~able ~~31,~~to ~~2020~~effect a change in our business or management, and ~~2019:~~therefore, shareholders would have no recourse as a result of decisions made by management.

	Year ended
	August 31, 2020			August 31, 2019
REVENUE	$	26,631		$	44,392
Cost of revenue		(2,371	)		(15,966	)
GROSS PROFIT		24,260			28,426
General and administrative expenses		(299,474	)		(193,981	)
LOSS FROM OPERATIONS		(275,214	)		(165,555	)
Other Income		9,487			29,127
Loss before income tax		(265,727	)		(136,428	)
Income tax credit (expense)		634			(643	)
NET LOSS		(265,093	)		(137,071	)

In addition, sales of significant amounts of shares held by our officers and directors, or the prospect of these sales, could adversely affect the market price of our common stock. Management’s stock ownership may discourage a potential acquirer from making a tender offer or otherwise attempting to obtain control of us, which in turn could reduce our stock price or prevent our stockholders from realizing a premium over our stock price.

~~As of August 31, 2020, our accumulated deficit was $695,468.~~16

~~Year~~State ~~ended~~securities ~~August~~laws ~~31,~~may ~~2020~~limit ~~compared~~secondary trading, towhich may restrict the ~~year~~states ~~ended~~in ~~August~~which ~~31,~~and ~~2019~~conditions under which you can sell the shares offered by this prospectus.

~~Revenue~~Secondary ~~and~~trading ~~cost~~in common stock sold in this offering will not be possible in any state until the common stock is qualified for sale under the applicable securities laws of ~~revenue~~the state or there is confirmation that an exemption, such as listing in certain recognized securities manuals, is available for secondary trading in the state. If we fail to register or qualify, or to obtain or verify an exemption for the secondary trading of, the common stock in any particular state, the common stock could not be offered or sold to, or purchased by, a resident of that state. In the event that a significant number of states refuse to permit secondary trading in our common stock, the liquidity for the common stock could be significantly impacted thus causing you to realize a loss on your investment.

~~During~~The ~~the year ended August 31, 2020, the~~ Company ~~generated~~does ~~revenue~~not ofintend ~~$26,631 compared~~ to ~~$44,392~~seek ~~for~~registration or ~~the~~qualification ~~year~~of ~~ended~~its ~~August~~shares ~~31, 2019. Cost~~ of ~~revenue~~common ~~was~~stock ~~$2,371 for~~ the ~~year~~subject ~~ended~~of ~~August~~this ~~31,~~offering ~~2020~~in ~~compared~~any toState ~~$15,966~~or ~~for~~territory of the ~~year~~United ~~ended August 31, 2019~~States. ~~Our~~Aside ~~agency revenues were $1,218 the year~~from ~~ended~~a ~~August~~“secondary ~~31,~~trading” ~~2020 while such revenue was $33~~exemption,~~097~~ ~~in 2019. On the~~ other ~~hand,~~exemptions ~~mortgage~~under ~~referral~~state ~~fee~~law ~~income~~and ~~was $25,413 in~~ the ~~year~~ ~~ended~~laws ~~August~~of ~~31,~~US ~~2020.~~territories Wemay ~~earned~~be ~~$10,993~~available ~~mortgage~~to ~~referral fee in last year. Included in cost~~ purchasers of ~~revenue~~the ~~were~~shares ~~referral fees~~ of ~~nil~~common ~~and~~stock ~~$15,966~~sold ~~incurred~~ in ~~relation~~this ~~to our property agency business in 2020 and 2019~~offering, ~~respectively.~~

~~General~~Anti-takeover ~~and~~effects ~~administrative~~of ~~expenses~~certain provisions of Nevada state law hinder a potential takeover of us.

~~During~~Though ~~the~~not ~~year~~now, ~~ended~~we ~~August~~may ~~31,~~be ~~2020,~~ or in the future we may ~~incurred~~become ~~$299,474~~subject ~~general~~to ~~and~~Nevada’s ~~administrative~~control ~~expenses~~share ~~compared~~law. A corporation is subject to ~~$193,981~~Nevada’s ~~for~~control ~~the~~share ~~year~~law ~~ended~~if ~~August~~it 31has more than 200 stockholders, ~~2019.~~at ~~General~~least 100 of whom are stockholders of record and ~~administrative~~residents of Nevada, and it does business in Nevada or through an ~~expenses~~affiliated ~~incurred~~corporation. ~~generally~~The ~~related~~law tofocuses ~~corporate~~on ~~overhead,~~the ~~director~~acquisition ~~fee~~of a “controlling interest” which means the ownership of outstanding voting shares sufficient, ~~financial~~but ~~and~~for ~~administrative~~the ~~contracted~~control ~~services~~share law, ~~such~~to enable the acquiring person to exercise the following proportions of the voting aspower ~~legal~~of ~~and~~the ~~accounting~~corporation ~~and~~in ~~developmental~~the ~~costs.~~election of directors:

~~Net~~(i) ~~loss~~one-fifth or more but less than one-third, (ii) one-third or more but less than a majority, or (iii) a majority or more. The ability to exercise such voting power may be direct or indirect, as well as individual or in association with others.

AsThe effect of the control share law is that the acquiring person, and those acting in association with it, obtains only such voting rights in the control shares as are conferred by a resolution ~~result~~of the stockholders of the ~~cumulative~~corporation, ~~effect~~approved at a special or annual meeting of stockholders. The control share law contemplates that voting rights will be considered only once by the ~~factors~~other ~~described~~stockholders. ~~above~~Thus, ~~our~~there ~~net~~is ~~loss~~no ~~for~~authority to strip voting rights from the control ~~year~~shares ~~ended~~of ~~August~~an ~~31,~~acquiring ~~2020~~person ~~was~~once ~~$265,093~~those ~~compared~~rights have been approved. If the stockholders do not grant voting rights to ~~net~~the ~~loss~~control shares ofacquired ~~$137~~by an acquiring person,~~071~~ ~~for~~those shares do not become permanent non-voting shares. The acquiring person is free to sell its shares to others. If the ~~year~~buyers ~~ended~~of ~~August~~those 31shares themselves do not acquire a controlling interest, ~~2019~~their shares do not become governed by the control share law.

~~Going~~If ~~concern~~control shares are accorded full voting rights and the acquiring person has acquired control shares with a majority or more of the voting power, any stockholder of record, other than an acquiring person, who has not voted in favor of approval of voting rights is entitled to demand fair value for such stockholder’s shares.

~~Our~~Nevada’s ~~consolidated~~control ~~financial~~share ~~statements~~law may have ~~been~~ ~~prepared using~~ the effect ~~going concern basis~~ of ~~accounting,~~discouraging ~~which~~takeovers ~~contemplates the realization~~ of ~~assets and~~ the ~~satisfaction of liabilities in the normal course of business~~corporation.

As of August 31, 2020, we have suffered recurring losses from operations, and record an accumulated deficit and a working capital deficit of $695,468 and $244,186, respectively. These conditions raise substantial doubt about our ability to continue as a going concern. The continuation of our company as a going concern is dependent upon improving our profitability and the continuing financial support from our shareholders or other debt or capital sources. Management believes the existing shareholders or external financing will provide the additional cash to meet our obligations as they become due.17

~~The~~In ~~continuation~~addition ofto ~~our~~the ~~company~~control asshare alaw, ~~going~~Nevada has ~~concern~~a isbusiness ~~dependent~~combination ~~upon~~law ~~improving~~which ~~its~~prohibits ~~profitability~~certain business combinations between Nevada corporations and “interested stockholders” for three years after the ~~continuing~~“interested ~~financial~~stockholder” ~~support~~first ~~from~~becomes ~~our~~an ~~shareholders~~“interested orstockholder,” ~~other~~unless ~~debt~~the corporation’s orboard ~~capital~~of ~~sources~~directors approves the combination in advance. ~~Management~~For ~~believes~~purposes of Nevada law, an “interested stockholder” is any person who is (i) the ~~existing~~beneficial ~~shareholders~~owner, directly or ~~external~~indirectly, ~~financing~~of ~~will~~ten ~~provide~~percent or more of the ~~additional~~voting ~~cash~~power toof ~~meet~~the outstanding voting shares of ~~our~~the ~~obligations~~corporation, asor ~~they~~(ii) ~~become~~an ~~due.~~affiliate Noor ~~assurance~~associate ~~can~~of bethe ~~given~~corporation ~~that~~and at any ~~future~~time ~~financing~~within the three previous years was the beneficial owner, ifdirectly ~~needed~~or indirectly, ~~will~~of beten ~~available~~percent or, ifmore ~~available, that~~of itthe ~~will~~voting bepower onof ~~terms~~the ~~that~~then ~~are~~outstanding ~~satisfactory~~shares toof usthe corporation. ~~Even~~The ifdefinition of wethe ~~are~~term ~~able~~“business combination” is sufficiently broad to ~~obtain~~cover ~~additional~~virtually ~~financing,~~any ifkind ~~needed,~~of ittransaction ~~may~~that ~~contain undue~~would ~~restrictions~~allow ona ~~our~~potential acquiror ~~operations,~~to inuse the ~~case~~corporation’s ofassets ~~debt~~to ~~financing,~~finance the acquisition or ~~cause~~otherwise ~~substantial~~to ~~dilution~~benefit ~~for~~its ~~our~~own ~~stock~~interests ~~holders,~~rather inthan the ~~case~~ interests of ~~equity~~the ~~financing~~corporation and its other stockholders.

13The effect of Nevada’s business combination law is to potentially discourage parties interested in taking control of us from doing so if it cannot obtain the approval of our board of directors.

InBecause ~~March~~we ~~2020,~~do ~~the~~not ~~World~~intend ~~Health Organization declared the outbreak of COVID-19 as a global pandemic, which continues~~ to ~~spread~~pay ~~around~~any ~~the~~cash ~~world. There is significant uncertainty~~dividends ~~around~~on ~~the~~our ~~breadth~~common ~~and duration of business disruptions related to COVID-19~~stock, asour ~~well~~stockholders aswill ~~its~~not ~~impact~~be onable ~~the Hong Kong’s and global economy. While it is difficult~~ to ~~estimate~~receive ~~the financial impact of COVID-19 on our operations, management believes that COVID-19 could have~~ a ~~material~~return ~~impact~~ on ~~our~~their ~~financial~~shares ~~results~~unless atthey ~~this~~sell ~~time~~them.

~~Our~~We ~~consolidated~~intend ~~financial~~to ~~statements~~retain doany future earnings to finance the development and expansion of our business. We do not ~~include~~anticipate paying any ~~adjustments~~cash todividends ~~reflect~~on our common stock in the ~~possible~~foreseeable future. Unless ~~effects~~we pay dividends, our stockholders will not be able to receive a return on ~~the~~their ~~recoverability~~shares ~~and~~unless ~~classification~~they ofsell ~~assets~~them. ~~and~~Stockholders ~~liabilities~~may ~~that~~never ~~may~~be ~~result~~able to sell shares when desired. Before you invest in our ~~company~~securities, ~~not~~you ~~being~~should ~~able~~be aware that there are various risks. You should consider carefully these risk factors, together with all of the other information included in this annual report before you decide to ~~continue~~purchase asour asecurities. ~~going~~If ~~concern~~any of the following risks and uncertainties develop into actual events, our business, financial condition or results of operations could be materially adversely affected.

~~Segment~~ITEM ~~Information~~1B. UNRESOLVED STAFF COMMENTS

~~The following table set forth our results of operations by segments:~~None.

For the year ended August 31, 2020	Money lending			Property agency services			Mortgage referral services			Corporate unallocated			Consolidated
Revenue	$	-		$	1,218		$	25,413		$	-		$	26,631
Cost of revenue		-			-			(2,371	)		-			(2,371	)
Gross profit		-			1,218			23,042			-			24,260
General and administrative expenses		(133,368	)		(283	)		(4,230	)		(161,593	)		(299,474	)
Profit (loss) from operations		(133,368	)		935			18,812			(161,593	)		(275,214	)
Other income		1,282			-			-			8,205			9,487
Profit (loss) before income tax		(132,086	)		935			18,812			(153,388	)		(265,727	)
Income tax		-			634			-			-			634
Net profit (loss)		(132,086	)		1,569			18,812			(153,388	)		(265,093	)

ITEM 2. PROPERTIES

For the year ended August 31, 2019	Money lending			Property agency services			Mortgage referral services			Corporate unallocated			Consolidated
Revenue	$	302		$	33,097		$	10,993		$	-		$	44,392
Cost of revenue		-			(15,966	)		-			-			(15,966	)
Gross profit		302			17,131			10,993			-			28,426
General and administrative expenses		(130,431	)		(1,531	)		(5,702	)		(56,317	)		(193,981	)
Profit (loss) from operations		(130,129	)		15,600			5,291			(56,317	)		(165,555	)
Other income		4,512			-			-			24,615			29,127
Profit (loss) before income tax		(125,617	)		15,600			5,291			(31,702	)		(136,428	)
Income tax		-			(643	)		-			-			(643	)
Net profit (loss)		(125,617	)		14,957			5,291			(31,702	)		(137,071	)

We do not own any property.

WeITEM do3. ~~not~~LEGAL ~~allocate our assets located and expenses incurred outside Hong Kong to our reportable segments because these assets and activities are managed at a corporate level.~~PROCEEDINGS

We ~~primarily~~are ~~operate~~not currently involved in ~~Hong~~any ~~Kong.~~legal ~~Substantially~~proceedings ~~all~~and ~~our~~we ~~long-lived~~are ~~assets~~not ~~are~~aware ~~located~~of inany ~~Hong~~pending ~~Kong~~or potential legal actions.

~~Liquidity~~ITEM ~~and~~4. ~~capital~~SUBMISSION ~~resources~~OF MATTERS TO A VOTE OF SECURITY HOLDERS

~~Working~~No ~~Capital~~report required.

	August 31,
	2020			2019
Cash and cash equivalents	$	2,580		$	10,252
Total current assets		2,882			85,612
Total assets		2,882			85,804
Total liabilities		247,068			64,897
Accumulated deficit		695,468			430,375
Total equity (deficit)		(244,186	)		20,907

14PART II

	Year ended
	August 31, 2020			August 31, 2019
Net cash used in operating activities	$	(234,137	)	$	(141,221	)
Net cash from investing activities		-			-
Net cash provided by financing activities		226,465			149,928
Net increase (decrease) in cash and cash equivalents		(7,672	)		8,707
Cash and cash equivalents, beginning of year		10,252			1,545
CASH AND CASH EQUIVALENTS, END OF YEAR	$	2,580		$	10,252

MARKET INFORMATION

~~Cash~~As ~~Flows~~of ~~from~~August ~~Operating~~31, ~~Activities~~2021 the 7,622,415 issued and outstanding shares of common stock were held by a total of 62 shareholders of record.

For the year ended August 31, 2020, net cash flows used in operating activities was $234,137consisting primarily of net loss of $265,093 offset by the decrease of accounts receivable of $3,298, decrease of prepaid expenses, deposits and other current assets of $16,410 and increase of accrued liabilities of $9,008. For the year ended August 31, 2019, net cash flows used inoperating activities was $141,221, consisting primarily of net loss of $137,071 and an increase of prepaid expenses, deposits and other current assets of $16,410.DIVIDENDS

We have never paid or declared any dividends on ~~Cash~~our ~~Flows~~common ~~from~~stock ~~Investing~~and ~~Activities~~do not anticipate paying cash dividends in the foreseeable future.

~~Cash~~SECURITIES ~~flows~~AUTHORIZED ~~used~~FOR inISSUANCE ~~investing~~UNDER ~~activities~~EQUITY ~~was~~COMPENSATION ~~nil during years ended August 31, 2020 and August 31, 2019.~~PLANS

~~Cash~~We ~~Flows~~currently ~~from~~do ~~Financing~~not ~~Activities~~have any equity compensation plans.

~~Cash~~ITEM ~~flows provided by financing activities during the year ended August 31, 2020 were $226,465, consisting of $661,643 advances from a shareholder and offset by $435,178 repayment to a shareholder~~6. ~~Cash~~SELECTED ~~flows~~FINANCIAL ~~provided by financing activities during the year ended August 31, 2019 were $149,928, consisting of $185,269 advances from a shareholder and $35,341 repayment to a shareholder.~~ DATA

~~Contractual~~As ~~Obligations~~a ~~and~~smaller ~~Commercial~~reporting company, we are not required ~~Commitments~~to provide the information called for by Item 6 of Form 10-K.

WeITEM ~~had~~7. ~~the~~MANAGEMENT’S ~~following~~DISCUSSION ~~contractual~~AND ~~obligations and~~ANALYSIS ~~commercial~~OF ~~commitments~~FINANCIAL asCONDITION ofAND ~~August~~RESULT ~~31,~~OF ~~2020: .~~OPERATIONS

	Payment Due by Period
	Total		Less than 1 Year		1-3 Years		3-5 Years		More than 5 Years
Amount due to a shareholder	$	173,796	$	173,796	$	-	$	-	$	-
Amount due to a related company		56,317		56,317		-		-		-
Total	$	230,113	$	230,113	$	-	$	-	$	-

The following discussion should be read in conjunction with our financial statements, including the notes thereto, appearing elsewhere in this annual report. The following discussion contains forward-looking statements that reflect our plans, estimates and beliefs. Our actual results could differ materially from those discussed in the forward looking statements. Factors that could cause or contribute to such differences include, but are not limited to those discussed below and elsewhere in this Annual Report. Our audited financial statements are stated in United States Dollars and are prepared in accordance with United States Generally Accepted Accounting Principles.

We believe that our current cash and financing from our existing stockholders are adequate to support operations for at least the next 12 months. We may, however, in the future, require additional cash resources due to changed business conditions, implementation of our strategy to expand our business or other investments or acquisitions we may decide to pursue. If our own financial resources are insufficient to satisfy our capital requirements, we may seek to sell additional equity or debt securities or obtain additional credit facilities. The sale of additional equity securities could result in dilution to our stockholders. The incurrence of indebtedness would result in increased debt service obligations and could require us to agree to operating and financial covenants that would restrict our operations. Financing may not be available in amounts or on terms acceptable to us, if at all. Any failure by us to raise additional funds on terms favorable to us, or at all, could limit our ability to expand our business operations and could harm our overall business prospects.Overview

~~Capital~~We ~~Expenditures~~are a corporation established under the corporation laws in the State of Nevada on May 19, 2016. The Company commenced operations in tourism. Temir Corp. was a travel agency that organized individual and group tours in Kyrgyzstan, such as cultural, recreational, sport, business, ecotours and other travel tours. The company’s principal executive offices are located at 54 Frukovaya Street, Bishkek, Kyrgyzstan 720027.

WeOn ~~did~~July ~~not~~15, ~~incur~~2019, ~~any~~the ~~capital~~Company’s ~~expenditures~~principal office inrelocated to Room 1204-06, 12/F, 69 Jervois Street, Sheung Wan, Hong Kong. On January 15, 2020, the ~~periods~~Company’s ~~presented~~principal office has been relocated to Suite 1802-03, 18/F, Strand 50, 50 Bonham Strand, Sheung Wan, Hong Kong. The management of Temir Corp is planning to restructure the Company’s business from travel agency to a Fintech Company with major business focusing on financials services and using the internet, mobile devices, software technology or cloud services to perform or connect with financial services.

~~Inflation~~19

~~Inflation~~JTI and changing prices have not had a material effect on our business and we do not expect that inflation or changing prices will materially affect our business in the foreseeable future. However, our management will closely monitor price changes in our industry and continually maintain effective cost control in operations.Group

15On April 2, 2020, the Company entered into a Sale and Purchase Agreement, by and among the Company, JTI, a Hong Kong corporation, and the Vendor.

~~Off~~Under ~~Balance~~the ~~Sheet~~terms ~~Arrangements~~and conditions of the Agreement (and supplemented by the Amendment, the Second Amendment and the Third Amendment), the Company offered, sold and will issue 4,118,182 shares of common stock in consideration for all the issued and outstanding shares in JTI. The effect of the issuance is that the Vendor now hold approximately 61.54% of the issued and outstanding shares of common stock of the Company.

WeMr. doRoy ~~not~~Chan, ~~have~~the ~~any~~founder ~~off~~of ~~balance~~JTI, ~~sheet~~and ~~arrangements~~Chairman ~~that~~of ~~have~~the orboard ~~are~~of ~~reasonably~~directors ~~likely~~is tothe ~~have~~holder aof ~~current~~629,350 orshares ~~future~~of ~~effect~~common onstock ~~our~~of ~~financial~~the ~~condition,~~Company ~~changes~~prior into ~~financial~~the ~~condition,~~Transaction. The Company’s ~~revenues~~officers orand ~~expenses~~directors, ~~results~~Mr. ofRoy ~~operations~~Chan, ~~liquidity~~Mr. orMark ~~capital~~Yip ~~expenditures~~and orMr. ~~capital~~Brian ~~resources~~Wong ~~that~~therefore, iscontrol ~~material~~an toaggregate anof ~~investor~~4,993,412 or 74.62% of the outstanding incommon ~~our~~stock ~~securities~~of the Company, on a fully diluted basis, after the Transaction.

~~Seasonality~~As a result of the agreement, JTI is now a wholly-owned subsidiary of the Company.

~~Our~~The ~~operating~~transaction ~~results~~with ~~and~~JTI ~~operating~~was ~~cash~~treated as a reverse ~~flows~~acquisition, ~~historically~~with ~~have~~JTI ~~not~~as ~~been~~the ~~subject~~acquirer toand ~~significant~~the ~~seasonal~~Company ~~variations~~as the acquired party. As ~~This~~a ~~pattern~~result ~~may~~of ~~change~~the controlling financial interest of the former stockholders of JTI, ~~however~~for financial statement reporting purposes, the merger between the Company and JTI was treated as a ~~result~~reverse acquisition, with JTI deemed the accounting acquirer and the Company deemed the accounting acquiree under the acquisition method of ~~new~~accounting ~~market~~in ~~opportunities~~accordance orwith ~~new~~the ~~product~~Section ~~introductions~~805-10-55 of the FASB Accounting Standards Codification. The reverse acquisition is deemed a capital transaction in substance whereas the assets and liabilities of JTI. (the accounting acquirer) are carried forward to the Company (the legal acquirer and the reporting entity) at their carrying value before the combination and the equity structure (the number and type of equity interests issued) of JTI is being retroactively restated using the exchange ratio established in the Share Purchase Agreement to reflect the number of shares of the Company issued to effect the acquisition. The number of common shares issued and outstanding and the amount recognized as issued equity interests in the consolidated financial statements is determined by adding the number of common shares deemed issued and the issued equity interests of JTI immediately prior to the business combination to the unredeemed shares and the fair value of the Company determined in accordance with the guidance in ASC Section 805-40-55 applicable to business combinations, i.e. the equity structure (the number and type of equity interests issued) in the consolidated financial statements immediately post combination reflects the equity structure of the Company, including the equity interests the legal acquirer issued to effect the combination.

~~Critical~~JTI ~~Accounting~~has ~~Policies~~four wholly owned operating subsidiaries, namely, JTI Finance Limited, Concept We Mortgage Broker Limited, JTI Property Agency Limited and ~~Estimates~~JTI Asset Management Limited. On May 17 2021, TEMIR CORP. incorporated Temir Logistics Industrial Park Limited, which is incorporated in Hong Kong and principally engaged in investment holding. The principal activities of JTI are provision of diversified financial services through its wholly owned subsidiaries incorporated in Hong Kong.

WeJF ~~regularly~~is ~~evaluate~~a ~~the~~licensed ~~accounting~~money ~~policies and~~lender ~~estimates~~in ~~that~~Hong weKong, ~~use~~holding a tomoney ~~make~~lender ~~budgetary~~license ~~and financial statement assumptions~~no. A1662/2021 ~~complete~~granted ~~summary~~by ~~of these policies is included in~~ the ~~notes~~licensing tocourt ~~our~~of ~~financial~~Hong ~~statements~~Kong. InJF ~~general,~~offers ~~management’s~~various ~~estimates~~types ~~are~~of ~~based~~loans onincluding ~~historical~~but ~~experience,~~not ~~on information~~limited ~~from~~to ~~third~~personal ~~party professionals~~loan, ~~and~~business onloan, ~~various~~credit ~~other~~card ~~assumptions~~consolidation ~~that~~loan ~~are believed to be reasonable under the facts~~ and ~~circumstances. Actual~~equity ~~results~~pledge ~~could~~loan ~~differ~~to ~~from~~its ~~those~~customers ~~estimates made by management. The discussion of our critical accounting policies contained~~ in ~~Note~~Hong ~~2 to our consolidated financial statements, “Summary of Significant Accounting Policies,” is incorporated herein by reference~~Kong.

~~Recent~~CW ~~Accounting~~is ~~Pronouncements~~one of the active mortgage brokers in Hong Kong. Its revenue is mainly derived from the referral fee from the banks and financial institutions for the mortgage referral.

~~For~~JP ~~further~~is ~~information~~a onlicensed ~~recently~~property ~~issued accounting~~agent ~~pronouncements~~in Hong Kong, holding ~~see~~an ~~Note~~estate ~~2—Summary~~agent’s oflicense ~~Significant~~granted ~~Accounting~~by ~~Policies~~Estate inAgents ~~the~~Authority ~~accompanying~~of ~~notes~~Hong toKong. ~~consolidated financial~~Its ~~statements~~revenue ~~included~~is inmainly ~~Part~~derived ~~II,~~from ~~Item~~the 8,commission provided ~~“Financial~~by ~~Statements~~the ~~and~~landlord ~~Supplementary~~for ~~Data”~~facilitating ofthe ~~this~~sales ~~Annual~~or ~~Report on~~lease ~~Form~~of ~~10-K~~commercial properties.

~~ITEM~~JA 7Ais a consultancy services company. ~~QUANTITATIVE~~After ~~AND~~the completion ~~QUALITATIVE~~of ~~DISCLOSURES~~the ~~ABOUT~~Agreement, ~~MARKET~~JA is planning to apply for fund management licenses in Hong Kong or in other jurisdiction, aiming to provide ~~RISK~~fund management services globally.

~~Not applicable.~~20

16Impact of COVID-19

~~ITEM~~The 8spread of the coronavirus (“COVID-19”) around the world has caused significant business disruption in year 2020. ~~FINANCIAL~~In ~~STATEMENTS~~March 2020, the World Health Organization declared the outbreak ~~AND~~of ~~SUPPLEMENTARY~~COVID-19 ~~DATA~~as a global pandemic, which continues to spread around the world. There is significant uncertainty around the breadth and duration of business disruptions related to COVID-19, as well as its impact on the Hong Kong’s and global economy. While it is difficult to estimate the financial impact of COVID-19 on the Company’s operations, management believes that COVID-19 could have a material impact on its financial results in years 2021 and 2022.

Financial Statements:
Report of Independent Registered Public Accounting Firm	F-1
Consolidated Balance Sheets as of August 31, 2020 and 2019	F-2
Consolidated Statements of Comprehensive Loss for the years ended August 31, 2020 and 2019	F-3
Consolidated Statements of Stockholders’ Equity (Deficit) for the years ended August 31, 2020 and 2019	F-4
Consolidated Statements of Cash Flows for the years ended August 31, 2020 and 2019	F-5
Notes to Consolidated Financial Statements	F-6

Results of operations

17The following table sets forth key components of our results of operations for the years ended August 31, 2021 and 2020:

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

	Year ended
	August 31, 2021			August 31, 2020

REVENUE	$	219,702		$	26,631

Cost of revenue		(205,923	)		(2,371	)

GROSS PROFIT		13,779			24,260

General and administrative expenses		(283,315	)		(299,474	)

LOSS FROM OPERATIONS		(269,536	)		(275,214	)

Other income		2,674			9,487

Loss before income tax		(266,862	)		(265,727	)
Income tax credit (expense)		-			634

NET LOSS		(266,862	)		(265,093	)

ToAs ~~the~~of ~~Board~~August of31, ~~Directors~~2021, ~~and~~our ~~Stockholders~~accumulated ofdeficit was $962,330.

~~Temir~~Year ~~Corp.~~ended August 31, 2021 compared to the year ended August 31, 2020

~~Opinion~~Revenue onand ~~the~~cost ~~Financial~~of ~~Statements~~revenue

WeDuring ~~have audited~~ the ~~accompanying~~year ~~consolidated balance~~ended ~~sheets~~August of31, ~~Temir~~2021, ~~Corp. and its subsidiaries (~~the “Company”) generated asrevenue of ~~August 31~~$219,702 ~~2020~~compared ~~and~~to ~~2019~~$26,631 ~~and~~for the ~~related consolidated~~year ~~statements~~ended ofAugust ~~operations and comprehensive loss~~31, ~~changes~~2020. inCost ~~stockholders’~~of ~~equity~~revenue ~~(deficit)~~was ~~and~~$205,923 ~~cash~~for ~~flows~~the ~~for~~year ended ~~each~~August of31, ~~the~~2021 ~~two~~compared ~~years~~to in$2,371 for the ~~period~~year ended August 31, 2020,. ~~and~~Our ~~the~~agency ~~related~~revenues ~~notes~~were ~~(collectively~~$3,385 ~~referred~~the toyear asended ~~the~~August ~~“consolidated~~31, 2021 ~~financial~~while ~~statements”).~~such Inrevenue ~~our~~was ~~opinion~~$1,218 ~~the~~in ~~consolidated~~2020. ~~financial~~On ~~statements~~the ~~present~~other ~~fairly~~hand, inmortgage ~~all~~referral ~~material~~fee ~~respects,~~income ~~the consolidated~~was ~~financial~~$216,317 ~~position~~in of the ~~Company~~year asended of August 31, ~~2020~~2021. We ~~and~~earned ~~2019~~$25,413 ~~and~~mortgage ~~the~~referral ~~consolidated~~fee ~~results~~in oflast ~~its~~year. ~~operations~~Included ~~and its~~in ~~cash~~cost ~~flows~~of ~~for~~revenue ~~each~~were referral fees of ~~the~~$1,523 ~~two~~and ~~years~~nil incurred in ~~the~~relation to ~~period~~our ~~ended~~property ~~August~~agency 31business, ~~2020~~while $204,400 and $2,371 incurred in ~~conformity~~relation ~~with~~to ~~accounting~~our ~~principles~~mortgage ~~generally accepted~~referral services in ~~the~~2021 ~~United~~and ~~States~~2020 respectively.

~~Consideration~~General ofand ~~the~~administrative ~~Company’s Ability to Continue as a Going Concern~~expenses

~~The accompanying~~During ~~consolidated financial statements have been prepared assuming that~~ the ~~Company~~year ~~will~~ended ~~continue~~August as31, a2021, ~~going~~we ~~concern.~~incurred ~~As discussed in Note 2 to the consolidated financial statements~~$283,315 ~~the~~general ~~Company~~and ~~has suffered~~administrative ~~recurring~~expenses ~~losses~~compared ~~from~~to ~~operations~~$299,474 ~~and~~for ~~records~~the anyear ~~accumulated~~ended ~~deficit as of~~ August 31, 2020~~, and the Company currently has net working capital deficit~~. ~~These~~General ~~conditions~~and ~~raise~~administrative ~~substantial doubt about the Company’s ability to~~expenses ~~continue~~incurred asgenerally arelated ~~going concern. Management’s plans in regard~~ to ~~these~~corporate ~~matters~~overhead, ~~are~~director ~~also~~fee, ~~described in Note 2. These consolidated~~ financial ~~statements~~and doadministrative ~~not~~contracted ~~include~~services, ~~any~~such ~~adjustments~~as ~~that~~legal ~~might~~and ~~result~~accounting and ~~from~~developmental ~~the outcome of this uncertainty~~costs.

~~Basis~~Net ~~for Opinion~~loss

~~These~~As ~~consolidated~~a ~~financial~~result ~~statements are the responsibility~~ of the ~~Company’s~~cumulative ~~management.~~effect ~~Our~~of ~~responsibility is to express an opinion on~~ the ~~Company’s consolidated~~factors ~~financial~~described ~~statements~~above, ~~based on~~ our ~~audits.~~net Weloss ~~are~~for ~~a public accounting firm registered with~~ the ~~Public~~year ~~Company~~ended ~~Accounting~~August ~~Oversight Board~~31, ~~(United~~2021 ~~States)~~was ~~(“PCAOB”)~~$266,862 ~~and~~compared ~~are required~~ to benet ~~independent~~loss ~~with~~of ~~respect~~$265,093 tofor the ~~Company~~year inended ~~accordance with the~~August ~~U.S.~~31, ~~federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB~~2020.

We conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audits to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud. The Company is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. As part of our audits we are required to obtain an understanding of internal control over financial reporting but not for the purpose of expressing an opinion on the effectiveness of the Company’s internal control over financial reporting. Accordingly, we express no such opinion.21

~~Our~~Going ~~audits~~concern included performing procedures to assess the risks of material misstatement of the consolidated financial statements, whether due to error fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the consolidated financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that our audits provide a reasonable basis for our opinion.

~~/s/~~Our ~~Centurion~~consolidated ZDfinancial ~~CPA&~~statements Cohave been prepared using the going concern basis of accounting, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business.

~~Centurion~~As ZDof ~~CPA~~August &31, Co2021, we have suffered recurring losses from operations, and record an accumulated deficit and a working capital deficit of $962,330 and $511,049, respectively. These conditions raise substantial doubt about our ability to continue as a going concern. The continuation of our company as a going concern is dependent upon improving our profitability and the continuing financial support from our shareholders or other debt or capital sources. Management believes the existing shareholders or external financing will provide the additional cash to meet our obligations as they become due.

WeThe ~~have~~continuation ~~served~~of our company as a going concern is dependent upon improving its profitability and the ~~Company’s~~continuing ~~auditor~~financial support from our shareholders or other debt or capital sources. ~~since~~Management ~~2020~~believes the existing shareholders or external financing will provide the additional cash to meet our obligations as they become due. No assurance can be given that any future financing, if needed, will be available or, if available, that it will be on terms that are satisfactory to us. Even if we are able to obtain additional financing, if needed, it may contain undue restrictions on our operations, in the case of debt financing, or cause substantial dilution for our stock holders, in the case of equity financing.

In March 2020, the World Health Organization declared the outbreak of COVID-19 as a global pandemic, which continues to spread around the world. There is significant uncertainty around the breadth and duration of business disruptions related to COVID-19, as well as its impact on the Hong Kong’s and global economy. While it is difficult to estimate the financial impact of COVID-19 on our operations, ~~China~~management believes that COVID-19 could have a material impact on our financial results at this time.

~~December~~Our ~~15,~~consolidated ~~2020~~financial statements do not include any adjustments to reflect the possible future effects on the recoverability and classification of assets and liabilities that may result in our company not being able to continue as a going concern.

~~F-1~~Segment Information

~~TEMIR~~The ~~CORP. CONSOLIDATED~~following ~~BALANCE~~table ~~SHEETS As~~set offorth ~~August~~our ~~31,~~results ~~2020~~of ~~and 2019~~operations ~~(In~~by ~~U.S. dollars)~~segments:

	August 31,
For the year ended August 31, 2021	Money lending			Property agency services			Mortgage referral services			Corporate unallocated			Consolidated
	2020			2019
Revenue	$	-		$	3,385		$	216,317		$	-		$	219,702
CURRENT ASSETS
Cost of revenue		-			(1,523	)		(204,400	)		-			(205,923	)
Cash	$	2,580		$	10,252
Gross profit		-			1,862			11, 917			-			13,779
Loans receivable, current, net of nil provision for loan losses		-			2,681
General and administrative expenses		(82,704	)		-			(85,705	)		(114,906	)		(283,315	)
Accounts receivable, net of nil provision for doubtful accounts		-			3,298
Profit (loss) from operations		(82,704	)		1,862			(73,788	)		(114,906	)		(269,536	)
Prepaid expenses, deposits and other current assets		302			16,712
Other income		-			-			-			2,674			2,674
Amount due from a shareholder		-			52,669
Profit (loss) before income tax		(82,704	)		1,862			(73,788	)		(112,232	)		(266,862	)
Total current assets		2,882			85,612
Income tax		-			-			-			-			-
Long-term loans receivable, net of nil provision for loan losses		-			192
Net profit (loss)		(82,704	)		1,862			(73,788	)		(112,232	)		(266,862	)
TOTAL ASSETS	$	2,882		$	85,804
CURRENT LIABILITIES
Other payables and accrued liabilities	$	16,573		$	7,564
Tax payable		382			1,016
Amount due to a related company		56,317			56,317
Amount due to a shareholder		173,796			-
Total liabilities		247,068			64,897
STOCKHOLDERS’ EQUITY
Common stock, $0.001 par value 75,000,000 shares authorized; 6,692,182 shares issued and outstanding as of August 31, 2020 and 2019		6,692			6,692
Additional paid-in capital		444,590			444,590
Accumulated deficit		(695,468	)		(430,375	)
TOTAL STOCKHOLDERS’ (DEFICIT) EQUITY		(244,186	)		20,907
TOTAL LIABILITIES AND STOCKHOLDERS’ (DEFICIT) EQUITY	$	2,882		$	85,804

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

For the year ended August 31, 2020	Money lending			Property agency services			Mortgage referral services			Corporate unallocated			Consolidated

Revenue	$	-		$	1,218		$	25,413		$	-		$	26,631
Cost of revenue		-			-			(2,371	)		-			(2,371	)
Gross profit		-			1,218			23,042			-			24,260
General and administrative expenses		(133,368	)		(283	)		(4,230	)		(161,593	)		(299,474	)
Profit (loss) from operations		(133,368	)		935			18,812			(161,593	)		(275,214	)
Other income		1,282			-			-			8,205			9,487
Profit (loss) before income tax		(132,086	)		935			18,812			(153,388	)		(265,727	)
Income tax		-			634			-			-			634
Net profit (loss)		(132,086	)		1,569			18,812			(153,388	)		(265,093	)

~~F-2~~22

~~TEMIR~~We ~~CORP. CONSOLIDATED~~do ~~STATEMENTS~~not OFallocate ~~COMPREHENSIVE~~our ~~LOSS~~assets located and expenses ~~For~~incurred ~~the~~outside ~~Years~~Hong ~~Ended~~Kong ~~August~~to ~~31,~~our ~~2020~~reportable segments because these assets and ~~2019 (In~~activities ~~U.S.~~are ~~dollars)~~managed at a corporate level.

	Year ended
	August 31, 2020			August 31, 2019
REVENUE	$	26,631		$	44,392
Cost of revenue		(2,371	)		(15,966	)
GROSS PROFIT		24,260			28,426
General and administrative expenses		(299,474	)		(193,981	)
LOSS FROM OPERATIONS		(275,214	)		(165,555	)
Other income		9,487			29,127
LOSS BEFORE INCOME TAX		(265,727	)		(136,428	)
Income tax credit (expense)		634			(643	)
NET LOSS AND TOTAL COMPREHENSIVE LOSS FOR THE YEAR	$	(265,093	)	$	(137,071	)
Loss per common share:
Basic and diluted	$	(0.04	)	$	(0.02	)
Weighted Average Number of Common Shares Outstanding:
Basic and diluted		6,692,182			6,692,182

We primarily operate in Hong Kong. Substantially all our long-lived assets are located in Hong Kong.

~~The~~Liquidity ~~accompanying~~and ~~notes~~capital ~~are an integral part of these financial statements.~~resources

~~F-3~~Working Capital

TEMIR CORP. CONSOLDIATED STATEMENTS OF STOCKHOLDERS’ EQUITY (DEFICIT) For the Years Ended August 31, 2020 and 2019 (In U.S. dollars)

	August 31,
	2021		2020
Cash and cash equivalents	$	9,727	$	2,580
Total current assets		51,908		2,882
Total assets		51,909		2,882
Total liabilities		562,957		247,068
Accumulated deficit		962,330		695,468
Total deficit		511,048		244,186

	Number of Common shares		Amount		Additional Paid-in Capital		Accumulated Deficit			Total Stockholders’ Equity (Deficit)
Balance as of September 1, 2018		6,692,182	$	6,692	$	444,590	$	(293,304	)	$	157,978
Net loss		-		-		-		(137,071	)		(137,071	)
Balance as of August 31, 2019		6,692,182	$	6,692	$	444,590	$	(430,375	)	$	20,907
Net loss		-		-		-		(265,093	)		(265,093	)
Balance as of August 31, 2020		6,692,182	$	6,692	$	444,590	$	(695,468	)	$	(244,186	)

The following table provides detailed information about our net cash flow for all financial statement periods presented in this report:

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

	Year ended
	August 31, 2021			August 31, 2020

Net cash used in operating activities	$	(124,791	)	$	(234,138	)
Net cash from investing activities		-			-
Net cash provided by financing activities		131,938			226,466

Net increase (decrease) in cash and cash equivalents		7,147			(7,672	)
Cash and cash equivalents, beginning of year		2,580			10,252
CASH AND CASH EQUIVALENTS, END OF YEAR	$	9,727		$	2,580

~~F-4~~Cash Flows from Operating Activities

~~TEMIR~~For ~~CORP.~~the year ended August 31, 2021, net cash flows ~~CONSOLDIATED~~used ~~STATEMENTS~~in OFoperating ~~CASH~~activities ~~FLOWS~~was $124,791 consisting primarily of net loss of $266,862 with increase of accounts receivable of $40,898, partially offset by increase of accounts payable, other payables and accrued liabilities of $66,276 and amount due to a related company of $118,056. For the ~~Years~~year ~~Ended~~ended August 31, 2020, net cash flows used in operating activities was $234,137 consisting primarily of net loss of $265,093 partially offset by the decrease of accounts receivable of $3,298, decrease of prepaid expenses, deposits and ~~2019~~other current ~~(In~~assets ~~U.S.~~of ~~dollars)~~$16,410 and increase of accrued liabilities of $9,008.

	Year ended			Year ended
	August 31, 2020			August 31, 2019
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss	$	(265,093	)	$	(137,071	)
Change in operating assets and liabilities
Loans receivable		2,873			8,120
Account receivable		3,298			(3,298	)
Prepaid expenses, deposits and other current assets		16,410			(16,410	)
Other payables and accrued liabilities		9,009			6,795
Tax payable		(634	)		643
Net cash used in operating activities		(234,137	)		(141,221	)
CASH FLOWS FROM FINANCING ACITIVITIES
Advances from a shareholder		661,643			185,269
Repayment to a shareholder		(435,178	)		(35,341	)
Net cash provided by financing activities		226,465			149,928
Net (decrease) increase in cash and cash equivalents		(7,672	)		8,707
Cash and cash equivalents, beginning of year		10,252			1,545
CASH AND CASH EQUIVALENTS, END OF YEAR	$	2,580		$	10,252
SUPPLEMENTAL CASH FLOWS INFORMATION
Interest paid	$	-		$	-
Income tax paid	$	-		$	-

Cash Flows from Investing Activities

~~The~~Cash ~~accompanying~~flows ~~notes~~used ~~are~~in aninvesting ~~integral~~activities ~~part~~was nil ofduring ~~these~~years ~~financial~~ended ~~statements~~August 31, 2021 and 2020.

~~F-5~~Cash Flows from Financing Activities

~~TEMIR~~Cash ~~CORP~~flows provided by financing activities during the year ended August 31, 2021 were $131,938, consisting of $393,334 advances from a shareholder and partially offset by $251,011 repayment to a shareholder and $10,385 repayment to a related company Cash flows provided by financing activities during the year ended August 31, 2020 were $226,465, consisting of $661,643 advances from a shareholder and partially offset by $435,178 repayment to a shareholder.

~~NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS~~23

~~FOR~~Contractual ~~THE~~Obligations ~~YEARS~~and ~~ENDED AUGUST~~Commercial ~~31, 2020 AND 2019~~Commitments

~~(In~~We ~~U.S.~~had ~~dollars)~~the following contractual obligations and commercial commitments as of August 31, 2021:

1. TITLE, ORGANIZATION AND REORGANIZATION

	Payment Due by Period
	Total		Less than 1 Year		1-3 Years		3-5 Years		More than 5 Years
Amount due to a shareholder	$	316,120	$	-	$	316,120	$	-	$	-
Amount due to a related company		163,988		-		163,988		-		-
Total	$	480,108	$	-	$	480,108	$	-	$	-

~~TEMIR~~We ~~CORP.~~believe ~~(“Temir”~~that our current cash and financing orfrom ~~the~~our ~~“Company”)~~existing isstockholders aare ~~corporation~~adequate ~~established~~to ~~under~~support ~~the~~operations ~~corporation~~for ~~laws~~at inleast the ~~State~~next of12 ~~Nevada~~months. onWe ~~May~~may, 19however, ~~2016.~~in ~~The~~the future, require ~~Company~~additional ~~commenced~~cash ~~operations~~resources indue ~~tourism.~~to ~~Temir~~changed ~~Corp.~~business ~~was~~conditions, aimplementation ~~travel~~of ~~agency~~our ~~that~~strategy ~~organized~~to ~~individual~~expand ~~and~~our ~~group~~business ~~tours~~or inother ~~Kyrgyzstan,~~investments ~~such~~or asacquisitions ~~cultural,~~we ~~recreational,~~may ~~sport,~~decide ~~business,~~to ~~ecotours~~pursue. ~~and~~If ~~other~~our ~~travel~~own ~~tours.~~financial ~~The~~resources ~~company’s~~are ~~principal~~insufficient ~~executive~~to ~~offices~~satisfy our capital requirements, we may seek ~~are~~to ~~located~~sell atadditional 54equity ~~Frukovaya~~or ~~Street,~~debt ~~Bishkek,~~securities ~~Kyrgyzstan~~or ~~720027.~~obtain Onadditional ~~July~~credit ~~15,~~facilities. ~~2019,~~The ~~the~~sale ~~Company’s~~of ~~principal~~additional ~~office~~equity ~~relocated~~securities could result toin ~~Room~~dilution ~~1204-06,~~to ~~12/F,~~our 69stockholders. ~~Jervois~~The ~~Street,~~incurrence ~~Sheung~~of ~~Wan,~~indebtedness ~~Hong~~would ~~Kong.~~result Onin ~~January~~increased ~~15,~~debt ~~2020,~~service ~~the~~obligations ~~Company’s~~and ~~principal~~could ~~office~~require ~~has~~us ~~been~~to ~~relocated~~agree to ~~Suite~~operating ~~1802-03,~~and ~~18/F,~~financial ~~Strand~~covenants ~~50,~~that 50would ~~Bonham~~restrict ~~Strand,~~our ~~Sheung~~operations. ~~Wan,~~Financing ~~Hong~~may ~~Kong.~~not ~~The~~be ~~management~~available ofin ~~Temir~~amounts ~~Corp~~or ison ~~planning~~terms acceptable to ~~restructure~~us, ~~the~~if ~~Company’s~~at ~~business~~all. ~~from~~Any ~~travel~~failure ~~agency~~by us to araise ~~Fintech~~additional ~~Company~~funds ~~with~~on ~~major~~terms ~~business~~favorable ~~focusing~~to onus, ~~financials services~~or ~~and~~at ~~using the internet~~all, ~~mobile~~could ~~devices,~~limit ~~software~~our ~~technology~~ability to orexpand ~~cloud~~our ~~services~~business tooperations ~~perform~~and orcould ~~connect~~harm ~~with~~our ~~financial~~overall ~~services~~business prospects.

OnCapital April 2, 2020, the Company as purchaser and Ace Vantage Investments Limited (equally held by Mr. Roy Kong Hoi Chan (an executive director and president of the Company, “Mr. Roy Chan”) and his father) as vendor (the “vendor”) entered into a sale and purchase agreement (the “Agreement”) with respect to the acquisition (the “Transaction”) of the entire issued share capital of JTI Financial Services Group Limited (“JTI”) for a consideration of $4,686,272, which would be satisfied by the allotment and issue of the shares of the Company..Expenditures

~~Under~~We ~~the~~did ~~terms~~not ~~and~~incur ~~conditions of~~any ~~the~~capital ~~Agreement,~~expenditures ~~the~~in ~~Company offered, sold and issued 1,874,508 shares of common stock of~~ the ~~Company~~periods ~~as consideration shares (the “Consideration Shares”) at the issue price of $2~~presented.~~5 per Consideration Share for the acquisition of all the issued share capital of JTI.~~

On June 30, 2020, pursuant to the amendment to the Agreement, the parties agreed to adjust (i) the consideration of the Transaction from $4,686,272 to $10,295,455; and (ii) the number of Consideration Shares from 1,874,508 shares to 4,118,182 Consideration Shares. The effect of the issuance is that the Vendor will hold approximately 61.54% of the issued and outstanding shares of common stock of the Company.Inflation

~~Mr.~~Inflation ~~Roy~~and ~~Chan,~~changing ~~the~~prices ~~founder~~have ofnot had a material ~~JTI,~~effect anon ~~executive~~our ~~director~~business and ~~president~~we ofdo not expect that inflation or changing prices will materially affect our business in the ~~Company~~foreseeable future. However, isour ~~the~~management ~~holder~~will ofclosely ~~629,350~~monitor ~~shares~~price ofchanges ~~common~~in ~~stock~~our ofindustry ~~the~~and ~~Company~~continually ~~prior~~maintain ~~to the~~effective ~~Transaction~~cost control in operations.

~~After~~Off ~~the~~Balance ~~issue~~Sheet ~~of 4,118,182 shares of Temir, Ace Vantage holds 61.54% shareholding of Temir and Mr. Roy Chan and Mr. Chan Hip Fong (father of Mr Roy Chan) together hold 70.94%.~~Arrangements

~~Upon~~We ~~completion~~do ofnot ~~the~~have ~~Transactions on~~any ~~July~~off 6,balance ~~2020,~~sheet ~~Temir~~arrangements that ~~became~~have ~~interested~~or inare ~~the~~reasonably ~~entire~~likely ~~equity~~to ~~interest~~have ina ~~JTI,~~current ~~and~~or asfuture ~~such,~~effect ~~JTI~~on ~~became~~our afinancial ~~wholly-owned~~condition, ~~subsidiary of~~changes ~~Temir.~~in ~~For~~ financial ~~accounting purposes~~condition, ~~the~~revenues or ~~share~~expenses, ~~exchange~~results ~~was~~of ~~accounted for as a reverse acquisition by JTI~~operations, ~~and~~liquidity ~~resulted in~~or acapital ~~recapitalization,~~expenditures ~~with~~or ~~JTI~~capital ~~being~~resources ~~the~~that ~~accounting~~is ~~acquirer~~material ~~and~~to ~~Temir~~an asinvestor ~~the~~in ~~acquired~~our ~~entity~~securities.

~~JTI Financial Services Group Limited (“JTI” or the “Company”) was incorporated in Hong Kong, China on February 8, 2019.~~Seasonality

~~The~~Our ~~Company~~operating ~~through~~results ~~its~~and ~~subsidiaries provide~~operating ~~diversified~~cash ~~financial~~flows historically ~~services.~~have ~~JTI~~not ~~has~~been ~~four~~subject ~~operating~~to ~~subsidiaries,~~significant ~~namely,~~seasonal ~~JTI~~variations. ~~Finance~~This ~~Limited~~pattern ~~(“JF”)~~may change, ~~Concept We Mortgage Broker Limited (“CW”)~~however, ~~JTI~~as ~~Property~~a ~~Agency~~result ~~Limited~~of ~~(“JP”)~~new ~~and~~market ~~JTI~~opportunities or ~~Asset~~new ~~Management~~product ~~Limited (“JA”)~~introductions.

~~F-6~~Critical Accounting Policies and Estimates

~~TEMIR~~We ~~CORP~~regularly evaluate the accounting policies and estimates that we use to make budgetary and financial statement assumptions. A complete summary of these policies is included in the notes to our financial statements. In general, management’s estimates are based on historical experience, on information from third party professionals, and on various other assumptions that are believed to be reasonable under the facts and circumstances. Actual results could differ from those estimates made by management. The discussion of our critical accounting policies contained in Note 2 to our consolidated financial statements, “Summary of Significant Accounting Policies,” is incorporated herein by reference.

~~NOTES~~Recent TOAccounting ~~THE CONSOLIDATED FINANCIAL STATEMENTS~~Pronouncements

~~FOR~~For ~~THE~~further ~~YEARS~~information ~~ENDED AUGUST~~on 31recently issued accounting pronouncements, ~~2020~~see Note 2—Summary of Significant Accounting Policies in the accompanying notes to consolidated financial statements ~~AND~~included ~~2019~~in Part II, Item 8, “Financial Statements and Supplementary Data” of this Annual Report on Form 10-K.

~~(In~~ITEM U7A.S. ~~dollars)~~QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

Company name		Place/date of incorporation	Principal activities
1.	JTI Finance Limited (“JF”)	Hong Kong, China/ December 29, 2011	Money lending
2.	Concept We Mortgage Broker Limited (“CW”)	Hong Kong, China / December 18, 2013	Mortgage broker providing mortgage related consultancy services
3.	JTI Property Agency Limited (“JP”)	Hong Kong, China/ December 21, 2011	Property agency
4.	JTI Asset Management Limited (“JA”)	Hong Kong, China/ May 2, 2017	General consulting services

Not applicable.

The formation of JTI Financial Services Group Limited was completed in March 2019. Upon incorporation, JTI issued 1 ordinary share at HK$1 to Mr. Roy Kong Hoi Chan. On March 20, 2019, JTI issued 9,999,999 shares of the Company to Ace Vantage Investments Limited (“Ace Vantage”) at a total cash consideration of HK$3,509,999.65 ($450,000), resulting a total share capital of 10,000,000 shares at HK$3,510,000.65 ($450,000). Ace Vantage was 50% owned by Mr. Roy Kong Hoi Chan and 50% owned by Mr. Chan Hip Fong, father of Mr. Roy Kong Hoi Chan. The Company is owned and controlled by the same control group as JF, CW, JP and JA. On March 29, 2019, the beneficial shareholders of JF, CW, JP and JA exchanged 100% of their shareholding of JF, CW, JP and JA for the shares of the Company (the “Share Exchange”). The Share Exchange has been accounted for as a common control transaction. Other than its 100% ownership of JF, CW, JP and JA, JTI has no significant assets and no other business operations.24

~~JF was incorporated in Hong~~ITEM ~~Kong, China on December 29, 2011 as a company with limited liability~~8. ~~Upon~~FINANCIAL ~~incorporation,~~STATEMENTS JFAND ~~issued~~SUPPLEMENTARY ~~1 ordinary share to Ace Vantage at HK$1. On March 29, 2019, Ace Vantage transferred 100% of their shareholding of JF to JTI.~~DATA

CW was incorporated in Hong Kong, China on December 18, 2013 as a company with limited liability. Upon incorporation, CW issued 10,000 ordinary shares to Century Crown Investment Limited at HK$1 each. Century Crown Investment Limited was incorporated in Hong Kong, China and 100% held by Ace Vantage. On March 29, 2019, Century Crown Investment Limited transferred 100% of their shareholding of CW to JTI.

Financial Statements:
Report of Independent Registered Public Accounting Firm		F-2
Consolidated Balance Sheets as of August 31, 2021 and 2020		F-4
Consolidated Statements of Comprehensive Loss for the years ended August 31, 2021 and 2020		F-5
Consolidated Statements of Stockholders’ Equity (Deficit) for the years ended August 31, 2021 and 2020		F-6
Consolidated Statements of Cash Flows for the years ended August 31, 2021and 2020		F-7
Notes to Consolidated Financial Statements		F-8

~~JP was incorporated in Hong Kong, China on December 21, 2011 as a company with limited liability. Upon incorporation, JP issued~~ F-1 ~~ordinary share to Ace Vantage at HK$1. On March 29, 2019, Ace Vantage transferred 100% of their shareholding of JP to JTI.~~

~~JA was incorporated in Hong~~REPORT ~~Kong,~~OF ~~China~~INDEPENDENT onREGISTERED ~~May~~PUBLIC 2,ACCOUNTING ~~2017 as a company with limited liability. Upon incorporation, JA issued 1 ordinary share to Ace Vantage at HK$1. On March 29, 2019, Ace Vantage transferred 100% of their shareholding of JA to JTI~~FIRM

~~The acquisition of JF, CW,~~To ~~JP and JA by JTI has been accounted for as common control transactions in a manner similar to a pooling of interests and there was no recognition of any goodwill or excess of~~ the ~~acquirers’~~Board ~~interest in the net fair value~~ of ~~the~~Directors ~~acquirees’ identifiable assets, liabilities~~ and ~~contingent~~Stockholders ~~liabilities over cost at the time~~ of the common control combinations. Therefore, these transactions were recorded at historical cost with a reclassification of equity from retained profits to additional paid in capital to reflect the deemed value of consideration given in the local jurisdiction and the capital structure of JF, CW, JP and JA. The consolidated financial statements of the Company include all of the accounts of the Company and its subsidiaries, JF, CW, JP and JA for all periods presented. All material intercompany transactions and balances have been eliminated in the consolidation.

~~F-7~~Temir Corp.

~~TEMIR~~Opinion on ~~CORP.~~the Financial Statements

~~NOTES~~We have TOaudited ~~THE~~the ~~CONSOLIDATED~~accompanying ~~FINANCIAL~~consolidated ~~STATEMENTS~~balance sheets of Temir Corp. and its subsidiaries (the “Company”) as of August 31, 2021 and 2020, and the related consolidated statements of operations and comprehensive loss, changes in stockholders’ equity (deficit) and cash flows for each of the two years in the period ended August 31, 2021, and the related notes (collectively referred to as the “consolidated financial statements”). In our opinion, the consolidated financial statements present fairly, in all material respects, the consolidated financial position of the Company as of August 31, 2021 and 2020, and the consolidated results of its operations and its cash flows for each of the two years in the period ended August 31, 2021, in conformity with accounting principles generally accepted in the United States.

~~FOR~~Consideration of ~~THE~~the ~~YEARS~~Company’s ~~ENDED AUGUST~~Ability ~~31,~~to ~~2020 AND~~Continue ~~2019~~as a Going Concern

~~(In~~The accompanying Uconsolidated financial statements have been prepared assuming that the Company will continue as a going concern.S As discussed in Note 2 to the consolidated financial statements, the Company has suffered recurring losses from operations, and recorded an accumulated deficit as of August 31, 2021, and the Company currently has net working capital deficit. ~~dollars)~~These conditions raise substantial doubt about the Company’s ability to continue as a going concern. Management’s plans in regard to these matters are also described in Note 2. These consolidated financial statements do not include any adjustments that might result from the outcome of this uncertainty.

2.Basis for ~~SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES~~Opinion

~~Basis~~These consolidated financial statements are the responsibility of ~~presentation~~the Company’s management. Our responsibility is to express an opinion on the Company’s consolidated financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (“PCAOB”) and are required to be independent with respect to the Company in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.

~~The accompanying financial~~We ~~statements~~conducted ~~have~~our ~~been~~audits ~~prepared~~ in accordance with ~~accounting~~the ~~principles~~standards ~~generally~~of ~~accepted~~the inPCAOB. Those standards require that we plan and perform the ~~United~~audits ~~States~~to obtain reasonable assurance about whether the financial statements are free of ~~America~~material ~~(“U~~misstatement, whether due to error or fraud.S The Company is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. As part of our audits ~~GAAP”)~~we are required to obtain an understanding of internal control over financial reporting but not for the purpose of expressing an opinion on the effectiveness of the Company’s internal control over financial reporting. Accordingly, we express no such opinion.

~~The~~Our ~~Company’s~~audits ~~consolidated~~included ~~financial~~performing ~~statements~~procedures ~~include~~to assess the ~~accounts~~risks of ~~the~~material ~~Company~~misstatement ~~and~~of ~~its~~the ~~subsidiaries.~~consolidated ~~All~~financial ~~significant~~statements, ~~intercompany~~whether ~~accounts~~due to error fraud, and ~~transactions~~performing ~~have~~procedures ~~been~~that ~~eliminated~~respond into ~~consolidation~~those risks. ~~The~~Such ~~consolidated~~procedures ~~financial~~included ~~statements~~examining, ofon ~~the~~a ~~Company~~test ~~have~~basis, ~~been~~evidence ~~prepared~~regarding asthe ifamounts and disclosures in the ~~existing~~consolidated ~~corporate~~financial ~~structure~~statements. ~~had~~Our ~~been~~audits inalso ~~existence~~included ~~throughout~~evaluating the ~~periods~~accounting ~~presented~~principles used and assignificant ifestimates ~~the~~made ~~reorganization had~~by ~~occurred~~management, as ofwell as evaluating the ~~beginning~~overall presentation of the ~~earliest~~financial ~~period presented~~statements. ~~The~~We ~~Company~~believe that ~~has~~our ~~adopted~~audits ~~August~~provide 31a asreasonable ~~its~~basis ~~fiscal~~for ~~year end~~our opinion.

~~Going concern~~ F-2

~~The accompanying~~Critical ~~consolidated~~Audit ~~financial statements have been prepared using the going concern basis of accounting, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business.~~Matters

AsThe ofcritical ~~August~~audit ~~31,~~matters ~~2020,~~communicated ~~the~~below ~~Company~~are ~~has~~matters ~~suffered~~arising ~~recurring~~from ~~losses~~the ~~from~~current ~~operations,~~period ~~and~~audit ~~records~~of anthe ~~accumulated~~consolidated ~~deficit~~financial ~~and~~statements athat ~~working~~were ~~capital~~communicated ~~deficit~~or of required to be communicated ~~$695,468~~to ~~and~~the ~~$244,186,~~audit ~~respectively.~~committee ~~These~~and ~~conditions~~that: ~~raise~~(i) ~~substantial~~relate ~~doubt~~to ~~about~~accounts ~~the~~or ~~Company’s~~disclosures ~~ability~~that are material to ~~continue~~the asconsolidated financial statements and a(ii) ~~going~~involved ~~concern.~~our ~~The~~especially ~~continuation~~challenging, ofsubjective, ~~the~~or ~~Company~~complex asjudgments. The acommunication ~~going~~of ~~concern~~critical isaudit ~~dependent~~matters ~~upon~~does ~~improving~~not ~~its~~alter ~~profitability~~in ~~and~~any way our opinion on the ~~continuing~~consolidated financial ~~support~~statements, ~~from~~taken ~~its~~as ~~shareholders~~a orwhole, ~~other~~and ~~debt~~we orare ~~capital~~not, ~~sources.~~by ~~Management~~communicating ~~believes~~ the ~~existing~~critical audit ~~shareholders~~matters orbelow, ~~external~~providing ~~financing~~separate ~~will~~opinions ~~provide~~on the ~~additional~~critical ~~cash~~audit tomatters ~~meet~~or on the ~~Company’s~~accounts ~~obligations~~or asdisclosures to which they ~~become~~ ~~due~~relate.

~~The~~Basis ~~continuation~~ of ~~the~~Presentation ~~Company as a going concern is dependent upon improving its profitability~~ and ~~the~~Going ~~continuing~~Concern ~~financial support from its shareholders or~~– other debt or capital sources. Management believes the existing shareholders or external financing will provide the additional cash to meet the Company’s obligations as they become due. No assurance can be given that any future financing, if needed, will be available or, if available, that it will be on terms that are satisfactory to the Company. Even if the Company is able to obtain additional financing, if needed, it may contain undue restrictions on its operations, in the case of debt financing, or cause substantial dilution for its stock holders, in the case of equity financing.Disclosure

InThe ~~March~~accompanying ~~2020,~~consolidated ~~the~~financial ~~World Health~~statements ~~Organization~~have ~~declared~~been prepared assuming that the ~~outbreak~~Company ofwill ~~COVID-19~~continue as a ~~global~~going ~~pandemic,~~concern. ~~which~~As ~~continues~~discussed in Note 2 to ~~spread~~the ~~around~~consolidated financial statements, the ~~world.~~Company ~~There~~has issuffered ~~significant uncertainty~~recurring ~~around~~losses ~~the~~from ~~breadth~~operations, and ~~duration~~recorded an accumulated deficit as of ~~business~~August ~~disruptions~~31, 2021, and the Company currently has net working capital deficit. Currently management’s forecasts and related assumptions illustrate their ability to meet ~~COVID-19~~the obligations through management of expenditures and, asif ~~well~~necessary, asobtaining ~~its~~additional ~~impact~~debt onfinancing, ~~the~~loans ~~Hong~~from ~~Kong’s~~existing directors and ~~global~~shareholders ~~economy.~~and ~~While~~private itplacements isof ~~difficult~~capital stock for additional funding to ~~estimate~~meet ~~the~~its ~~financial~~operating ~~impact~~needs. ofShould ~~COVID-19~~there be constraints on the ~~Company’s~~ability ~~operations~~to access such financing, ~~management believes~~the ~~that~~Company ~~COVID-19~~can ~~could~~manage ~~have~~cash aoutflows ~~material~~to ~~impact~~meet onthe ~~its~~obligations ~~financial~~through ~~results~~reductions atin ~~this~~capital ~~time~~expenditures and other operating expenditures.

~~These~~We identified management’s assessment of ~~consolidated~~the ~~financial~~Company’s ~~statements~~ability doto ~~not~~continue ~~include~~as ~~any~~a ~~adjustments~~going concern as a critical audit matter. Management made judgments to ~~reflect~~conclude that it is probable that the ~~possible~~Company’s plans will be effectively implemented and will provide the necessary cash flows to fund the Company’s ~~future~~obligations ~~effects~~as onthey become due. Specifically, the ~~recoverability~~judgments ~~and~~with ~~classification~~the highest degree of ~~assets~~impact and ~~liabilities~~subjectivity ~~that~~in ~~may~~determining ~~result~~it inis probable that the Company’s ~~not~~plans ~~being~~will ~~able~~be effectively implemented included its ability to reduce capital expenditures and other operating expenditures, its ability to ~~continue~~access asfunding from the capital market and its ability to obtaining loans from existing directors and shareholders. Auditing the judgments made by management required a ~~going~~high ~~concern~~degree of auditor judgment, subjectivity and effort in performing procedures and evaluating the relevant audit evidence.

~~Use~~Addressing the matter involved performing procedures and evaluating audit evidence in connection with forming our overall opinion on the consolidated financial statements. These procedures included the following, among others: (i) evaluating the probability that the Company will be able to access funding from the capital market; (ii) evaluating the probability that the Company will be able to reduce capital expenditures and other operating expenditures if required (iii) evaluating the probability that the Company will be able to obtain the loan from existing directors and shareholders and (iv) assessing the adequacy of ~~estimates~~the Company’s going concern disclosures included in Note 2 to the consolidated financial statements.

~~Preparing~~/s/ ~~financial~~Centurion ~~statements in~~ZD ~~conformity~~CPA ~~with~~& UCo.S. ~~GAAP~~Centurion ~~requires~~ZD ~~management~~CPA to& make estimates and assumptions affecting 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 periodCo. ~~The~~We ~~more~~have ~~significant~~served ~~areas~~as ~~requiring~~ the ~~use of management~~Company’s ~~estimates and~~auditor ~~assumptions~~since ~~relate to allowance for doubtful accounts, impairment of long-lived assets and valuation allowance for deferred tax assets~~2020. ~~Management~~Hong ~~bases its estimates on historical experience and on various other assumptions that are believed to be reasonable under the circumstances. Accordingly~~Kong, ~~actual~~China ~~results~~December ~~may differ significantly from these estimates. In addition~~14, ~~different assumptions or circumstances could reasonably be expected to yield different results.~~2021

~~Cash and cash equivalents~~F-3

~~For~~TEMIR CORP. CONSOLIDATED ~~purposes~~BALANCE ~~of the cash flow~~SHEETS ~~statements,~~As ~~the Company considers all highly liquid investments with original maturities~~ of ~~three~~August ~~months~~31, or2021 ~~less at the time of purchase to be cash equivalents. Cash includes cash on hand~~ and ~~demand deposits in accounts maintained with financial institutions~~2020 ~~within~~(In ~~the Hong Kong~~U.S. dollars)

Loans receivable

	August 31,
	2021			2020

CURRENT ASSETS
Cash	$	9,727		$	2,580
Accounts receivable, net of nil provision for doubtful accounts		40,898			-
Tax recoverable		981			-
Prepaid expenses, deposits and other current assets		302			302

Total current assets		51,908			2,882

NON-CURRENT ASSETS
Non-marketable equity securities		1			-

TOTAL ASSETS	$	51,909		$	2,882

CURRENT LIABILITIES
Accounts payable, other payables and accrued liabilities	$	82,849		$	16,573
Tax payable		-			382
Amount due to a related company		163,988			56,317
Amount due to a shareholder		316,120			173,796

Total liabilities		562,957			247,068

STOCKHOLDERS’ DEFICIT
Common stock, $0.001 par value 75,000,000 shares authorized; 6,692,182 shares issued and outstanding as of August 31, 2021 and 2020		6,692			6,692
Additional paid-in capital		444,590			444,590
Accumulated deficit		(962,330	)		(695,468	)
TOAL STOCKHOLDERS’ DEFICIT		(511,048	)		(244,186	)

TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT	$	51,909		$	2,882

~~Loans receivable primarily~~The ~~represent~~accompanying ~~loan~~notes ~~amounts due from customers. Loans receivable~~ are ~~recorded~~an atintegral ~~unpaid~~part ~~principal balances net~~ of ~~provision~~these ~~that~~financial ~~reflects the Company’s best estimate of the amounts that will not be collected~~statements. ~~The loans receivable portfolio consists of business and personal loans (See Note 3).~~

F-84

TEMIR CORP. CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS For the Years Ended August 31, 2021 and 2020 (In U.S. dollars)

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

	Year ended
	August 31, 2021			August 31, 2020

REVENUE	$	219,702		$	26,631

Cost of revenue		(205,923	)		(2,371	)

GROSS PROFIT		13,779			24,260

General and administrative expenses		(283,315	)		(299,474	)

LOSS FROM OPERATIONS		(269,536	)		(275,214	)

Other income		2,674			9,487

LOSS BEFORE INCOME TAX		(266,862	)		(265,727	)

Income tax credit		-			634

NET LOSS AND TOTAL COMPREHENSIVE LOSS FOR THE YEAR	$	(266,862	)	$	(265,093	)

Loss per common share:
Basic and diluted	$	(0.04	)	$	(0.04	)

Weighted Average Number of Common Shares Outstanding:
Basic and diluted		6,890,972			6,692,182

~~FOR~~The accompanying ~~THE~~notes ~~YEARS~~are ~~ENDED AUGUST~~an ~~31,~~integral ~~2020 AND~~part ~~2019~~of these financial statements.

~~(In U.S. dollars)~~F-5

~~Provision~~TEMIR CORP. ~~for~~ CONSOLDIATED ~~loan~~STATEMENTS ~~losses~~OF STOCKHOLDERS’ DEFICIT For the Years Ended August 31, 2021 and 2020 (In U.S. dollars)

The provision for loan losses is increased by charges to income and decreased by charge offs (net of recoveries). Recoveries represent subsequent collection of amounts previously charged-off. The increase in provision for loan losses is the netting effect of “reversal” and “provision” for both business and personal loans. If the ending balance of the provision for loan losses after any charge offs (net of recoveries) is less than the beginning balance, it will be recorded as a “reversal”; if it is larger, it will be recorded as a “provision” in the provision for loan loss. The netting amount of the “reversal” and the “provision” is presented in the statements of operations and comprehensive income.

	Number of Common shares			Amount			Additional Paid-in Capital			Accumulated Deficit			Total Stockholders’ Deficit

Balance as of September 1, 2019		6,692,182		$	6,692		$	444,590		$	(430,375	)	$	20,907
Net loss		-			-			-			(265,093	)		(265,093	)
Balance as of August 31, 2020		6,692,182			6,692			444,590			(695,468	)		(244,186	)
Net loss		-			-			-			(266,862	)		(266,862	)
Shares issued for acquisition of non-marketable equity securities (notes 1 and 9)		930,233			930			19,999,070			-			20,000,000
Shares to be canceled (notes 1 and 9)		(930,233	)		(930	)		(19,999,070	)		-			(20,000,000	)
Balance as of August 31, 2021		6,692,182		$	6,692		$	444,590		$	(962,330	)	$	(511,048	)

The ~~provision~~accompanying ~~consists~~notes ofare ~~specific and general components. The specific component consists of the amount of impairment related to loans that have been evaluated on~~ an ~~individual~~integral ~~basis,~~part ~~and the general component consists~~ of ~~the~~these amount of impairment related to loans that have been evaluated on a collective basis. Loans are considered impaired when, based on current information and events, it is probable that the Company will be unable to collect all amounts when due according to the contractual terms of the loan agreement. Loans for which the terms have been modified resulting in a concession, and for which the borrower is experiencing financial ~~difficulties, are considered troubled debt restructurings (“TDRs”)~~statements.

~~The Company recognizes a charge~~F-off when management determines that full repayment of a loan is not probable. The primary factor in making that determination is the potential outcome of a lawsuit against the delinquent debtor. The Company will recognize a charge-off when the Company loses contact with the delinquent borrower for more than nine months or when the court rules against the Company to seize the collateral asset of the delinquent debt from either the guarantor or borrower. In addition, when the recoverability of the delinquent debt is highly unlikely, the senior management team will go through a stringent procedure to approve a charge-off. Management estimates the provision balance required using past loan loss experience, the nature and volume of the portfolio, information about specific borrower situations and estimated collateral values, economic conditions, and other factors. Allocations of the provision may be made for specific loans, but the entire provision is available for any loan that, in management’s judgment, should be charged-off.6

~~The provision for loan losses~~TEMIR isCORP. CONSOLDIATED ~~maintained~~STATEMENTS atOF aCASH ~~level~~FLOWS ~~believed to be reasonable by management to absorb probable losses inherent in the portfolio as of each~~ ~~balance~~For ~~sheet date. The provision is based on factors such as~~ the ~~size~~Years ~~and~~Ended ~~current~~August ~~risk characteristics of the portfolio~~31, an2021 ~~assessment of individual loans~~ and ~~actual loss, delinquency, and/or risk rating record within the portfolio~~ 2020 (~~Note~~In 4)U. ~~The Company evaluates its provision for loan losses on a quarterly basis or more often as necessary~~S. dollars)

F-9

	Year ended			Year ended
	August 31, 2021			August 31, 2020

CASH FLOWS FROM OPERATING ACTIVITIES
Net loss	$	(266,862	)	$	(265,093	)
Change in operating assets and liabilities
Loans receivable		-			2,873
Account receivable		(40,898	)		3,298
Prepaid expenses, deposits and other current assets		-			16,410
Accounts payable, other payables and accrued liabilities		66,276			9,008
Amount due to a related company		118,056			-
Tax payable		(1,363	)		(634	)
Net cash used in operating activities		(124,791	)		(234,138	)

CASH FLOWS FROM FINANCING ACITIVITIES
Advances from a shareholder		393,334			661,643
Repayment to a shareholder		(251,011	)		(435,177	)
Repayment to a related company		(10,385	)		-
Net cash provided by financing activities		131,938			226,466

Net increase (decrease) in cash and cash equivalents		7,147			(7,672	)
Cash and cash equivalents, beginning of year		2,580			10,252
CASH AND CASH EQUIVALENTS, END OF YEAR	$	9,727		$	2,580

SUPPLEMENTAL CASH FLOWS INFORMATION
Investment in non-marketable equity securities	$	1		$	-
Income tax paid	$	-		$	-
Issuance and cancellation of common stock

NON-CASH INVESTING ACTIVITIES
- Deposit paid for acquisition of non-marketable equity securities (notes 1 and 9)	$	20,000,000		$	-

~~TEMIR~~The accompanying ~~CORP.~~notes are an integral part of these financial statements

~~NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS~~F-7

~~FOR THE YEARS ENDED AUGUST 31, 2020~~TEMIR ~~AND 2019~~CORP.

~~(In~~NOTES TO ~~U.S.~~THE ~~dollars)~~CONSOLIDATED FINANCIAL STATEMENTS

~~Interest~~FOR THE ~~and~~YEARS ~~fee~~ENDED AUGUST ~~receivables~~31, 2021 AND 2020

Interest and fee receivables are accrued and credited to income as earned but not received. The Company determines a loan past due status by the number of days that have elapsed since a borrower has failed to make a contractual interest or principal payment. Accrual of interest is generally discontinued when either (~~i) reasonable doubt exists as to the full, timely collection of interest or principal or (ii) when a~~In ~~loan interest or principal becomes past due by more than 90 days (The further extension of loan past due status is subject to management final approval and on case by case basis)~~U. ~~Additionally, any previously accrued but uncollected interest is reversed~~S. Subsequent recognition of income occurs only to the extent payment is received, subject to management’s assessment of the collectability of the remaining interest and principal. Loans are generally restored to an accrual status when it is no longer delinquent and collectability of interest and principal is no longer in doubt and past due interest is recognized at that time.dollars)

~~Accounts~~1. ~~receivable~~TITLE, ORGANIZATION AND REORGANIZATION

~~Accounts~~TEMIR ~~receivable~~CORP. ~~are~~(“Temir” ~~presented~~or ~~net~~the of“Company”) anis ~~allowance~~a ~~for~~corporation ~~doubtful~~established ~~accounts.~~under ~~The~~the ~~Company~~corporation ~~maintains~~laws anin ~~allowance~~the ~~for~~State ~~doubtful~~of ~~accounts~~Nevada ~~for~~on ~~estimated~~May ~~losses~~19, 2016. The Company ~~reviews~~commenced ~~the~~operations ~~accounts~~in ~~receivable~~tourism. onTemir Corp. was a ~~periodic~~travel ~~basis~~agency ~~and~~that ~~makes~~organized ~~general~~individual and ~~specific~~group ~~allowance~~tours ~~when~~in ~~there~~Kyrgyzstan, issuch ~~doubt~~ as tocultural, recreational, ~~the~~sport, ~~collectability of~~business, ~~individual~~ecotours ~~balances.~~and Inother ~~evaluating~~travel ~~the~~tours. ~~collectability~~The ofcompany’s ~~individual~~principal ~~receivable~~executive ~~balance,~~offices ~~the~~are ~~Company~~located ~~considers~~at ~~many~~54 ~~factors,~~Frukovaya ~~including~~Street, ~~the~~Bishkek, ~~age~~Kyrgyzstan of720027. ~~the~~On ~~balance~~July 15, a2019, ~~customer~~the Company’s ~~historical~~principal ~~payment~~office ~~history,~~relocated ~~its~~to ~~current~~Room ~~credit~~1204-~~worthiness~~06, ~~and~~12/F, ~~current~~69 ~~economic~~Jervois ~~trends.~~Street, ~~Accounts~~Sheung ~~are~~Wan, ~~written~~Hong ~~off~~Kong. ~~after~~On ~~exhaustive~~January ~~efforts~~15, at2020, ~~collection.~~the ~~The~~ Company’s ~~only~~principal ~~grants~~office ~~credit~~has ~~terms~~been relocated to ~~established~~Suite ~~customers~~1802-03, 18/F, Strand ~~who~~50, ~~are~~50 ~~deemed~~Bonham toStrand, beSheung ~~financially~~Wan, ~~responsible~~Hong Kong. ~~Credit~~The ~~periods~~management toof ~~customers~~Temir ~~are~~Corp ~~within~~is 90planning ~~days~~to ~~after~~restructure ~~customers~~the ~~received~~Company’s ~~the~~business ~~purchased~~from ~~services.~~travel Asagency ofto ~~August~~a ~~31,~~Fintech ~~2019, the~~ Company ~~has~~with ~~reviewed~~major ofbusiness ~~its~~focusing ~~outstanding~~on ~~balances,~~financials services and nousing ~~allowance~~the ~~for~~internet, ~~doubtful~~mobile ~~accounts~~devices, ~~has~~software ~~been~~technology ~~made.~~or Ascloud ofservices ~~August~~to ~~31,~~perform ~~2020,~~or ~~the~~connect ~~Company~~with ~~has~~financial ~~nil accounts receivable~~services.

~~Impairment~~On April 2, 2020, the Company as purchaser and Ace Vantage Investments Limited (equally held by Mr. Roy Kong Hoi Chan (an executive director and president of ~~long-lived~~the Company, “Mr. ~~assets~~Roy Chan”) and his father) as vendor (the “Vendor”) entered into a sale and purchase agreement (the “Agreement”) with respect to the acquisition (the “Transaction”) of the entire issued share capital of JTI Financial Services Group Limited (“JTI”) for a consideration of $4,686,272, which would be satisfied by the allotment and issuance of the shares of the Company..

~~The~~Under ~~Company~~the ~~evaluates~~terms ~~long lived assets for impairment at least annually~~ and ~~whenever~~conditions ~~events~~of ~~or changes in circumstances indicate that~~ the ~~carrying value~~ ~~may~~Agreement, ~~not be recoverable from its estimated future cash flows. Based on~~ the ~~existence~~Company offered, ofsold ~~one~~and orissued 1,874,508 ~~more~~shares ~~indicators~~ of ~~impairment,~~common ~~the Company~~stock ~~measures any impairment~~ of ~~long-lived assets by comparing~~ the ~~asset’s~~Company ~~estimated~~as ~~fair~~consideration ~~value~~shares ~~with its carrying value,~~(the ~~based~~“Consideration onShares”) ~~cash~~at ~~flow methodology. If~~ the ~~net~~issue ~~book~~price ~~value~~ of ~~the~~$2.5 ~~asset~~per ~~exceeds~~Consideration ~~the~~Share ~~related~~for ~~undiscounted cash flows,~~ the ~~asset~~acquisition isof ~~considered impaired~~all ~~and an impairment loss equal to an amount by which~~ the ~~carrying~~issued ~~value~~share ~~exceeds the fair value of the asset is recognized.~~capital As of ~~August 31, 2020 and 2019, management believes there was no impairment of long-lived assets~~JTI.

~~Revenue~~On ~~recognition~~June 30, 2020, pursuant to the amendment to the Agreement, the parties agreed to adjust (i) the consideration of the Transaction from $4,686,272 to $10,295,455; and (ii) the number of Consideration Shares from 1,874,508 shares to 4,118,182 Consideration Shares. The effect of the issuance is that the Vendor will hold approximately 61.54% of the issued and outstanding shares of the Company.

~~Pursuant~~Mr. toRoy ~~the guidance of ASC Topic 606~~Chan, ~~revenue~~the isfounder ~~recognized when control~~ of ~~promised goods or services is transferred to the Company’s customers~~JTI, in an ~~amount~~executive ofdirector ~~consideration~~and topresident ~~which~~of the Company ~~expects to be entitled to in exchange for those goods or services. The Company follows the five steps approach for revenue recognition under Topic 606: (i) identify the contract(s) with a customer~~, ~~(ii)~~is ~~identify~~ the ~~performance~~holder ~~obligations~~of ~~in the contract~~629,350 ~~(iii)~~shares ~~determine~~of ~~the~~common ~~transaction~~stock ~~price,~~of ~~(iv) allocate~~ the ~~transaction~~Company ~~price~~prior to the ~~performance~~ ~~obligations in the contract, and (v) recognize revenue when (or as) the Company satisfies a performance obligation~~Transaction.

~~The~~After ~~following~~the ~~table~~issuance ~~presents~~of 4,118,182 Consideration ~~the~~Shares, ~~Company’s~~Vendor ~~revenues~~holds ~~disaggregated~~61.54% byissued ~~revenue~~and ~~sources~~outstanding shares of Temir and collectively with Mr. Roy Chan and Mr. Chan Hip Fong (father of Mr Roy Chan) together hold 70.94% issued and outstanding shares of Temir.

	Year ended
	August 31, 2020		August 31, 2019
Money lending	$	-	$	302
Property agency services		1,218		33,097
Mortgage referral services		25,413		10,993
	$	26,631	$	44,392

Upon completion of the Transactions on July 6, 2020, JTI became a wholly-owned subsidiary of Temir. For financial accounting purposes, the share exchange was accounted for as a reverse acquisition by JTI, and resulted in a recapitalization, with JTI being the accounting acquirer and Temir as the acquired entity.

	Year ended
	August 31, 2020		August 31, 2019
Revenue recognized over time	$	-	$	302
Revenue recognized at a point in time		26,631		44,090
	$	26,631	$	44,392

JTI was incorporated in Hong Kong, China on February 8, 2019.

~~F-10~~The Company through its subsidiaries provide diversified financial services. JTI has four operating subsidiaries and one investment subsidiary, namely, JTI Finance Limited (“JF”), Concept We Mortgage Broker Limited (“CW”), JTI Property Agency Limited (“JP”) and JTI Asset Management Limited (“JA”) and Temir Logistics Industrial Park Limited (“Temir Logistics’) is an investment holding company.

~~TEMIR~~On ~~CORP~~May 20, 2021, the Company, Hainan Qicheng Asset Management Joint Stock Company (“Hainan”) and Temir Logistics entered into a sale and purchase agreement (“SPA”), pursuant to which the Company shall issue 930,233 shares of the Company at a price of $21.5 per share, valued at $20,000,000 or in exchange of 10% shareholding in Bac Giang International Logistics Co., Ltd. Bac Giang is a company incorporated in the Socialist Republic of Vietnam, the principal business of which is to build and run a modern international logistics park in Bac Giang Province, Vietnam. 930,233 shares of the Company were issued to the nominee of Hainan on June 8, 2021. Based on the SPA, 930,233 shares were issued within one month from the signing date of SPA. The transfer of shares of Bac Giang will be completed within 3 years from the date of SPA.

~~NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS~~F-8

~~FOR THE YEARS ENDED AUGUST 31, 2020~~TEMIR ~~AND 2019~~CORP.

~~(In~~NOTES TO ~~U.S.~~THE ~~dollars)~~CONSOLIDATED FINANCIAL STATEMENTS

~~Primary~~FOR THE ~~sources~~YEARS ofENDED AUGUST ~~the~~31, ~~Company’s revenues~~2021 ~~are~~AND ~~as follows:~~2020

(a)In U.S. ~~Money lending~~dollars)

~~Interest~~Temir onLogistics ~~loan receivables~~ is ~~accrued~~a ~~monthly~~wholly inowned ~~accordance~~subsidiary of ~~with~~the ~~their~~Company, ~~contractual~~which ~~terms~~is ~~and~~incorporated ~~recorded~~ in ~~accrued~~Hong ~~interest~~Kong ~~receivable.~~on ~~The~~May ~~Company~~17, ~~does not charge prepayment penalties. Additionally~~20201, ~~any~~principally ~~previously~~engaged ~~accrued~~in ~~but~~investment ~~uncollected~~holding. ~~interest~~It iswas ~~reversed~~intended ~~and~~to ~~accrual is discontinued,~~invest ~~when~~in ~~either~~Bac ~~(i)~~Giang ~~reasonable~~International ~~doubt~~Logistics ~~exists~~Co., ~~as to the full~~Ltd., ~~timely~~which ~~collection~~is ofin ~~interest~~turn orbuilding ~~principal~~and orrunning ~~(ii)~~an ~~when~~international alogistics ~~loan~~park ~~becomes past~~in ~~due~~Bac byGiang ~~more than 90 days~~Province, Vietnam.

On August 25, 2021, the Company, Hainan and Temir Logistics entered into a SPA Termination agreement (bthe “Termination Agreement”) ~~Property~~to ~~agency~~terminate ~~services~~all of the rights and obligation of the SPA entered on May 20, 2021 and to cancel the 930,233 shares issued to the nominee. 930,233 shares were cancelled on September 16, 2021.

~~The~~On ~~Company’s~~May ~~entitlement to~~5, ~~agency~~2021, ~~fee~~(i) ~~income~~Direct ~~includes~~Assistance Limited, ana ~~element~~wholly owned subsidiary of ~~consideration~~EFT ~~that~~Solutions isHoldings ~~variable~~Limited or(a ~~contingent~~company listed on ~~the~~GEM ~~outcome~~of The Stock Exchange of ~~future~~Hong ~~events.~~Kong ~~Actual~~Limited), ~~agency~~(ii) ~~fee~~2Go ~~income~~Investments toGroup beLimited ~~received~~and is(iii) ~~dependent~~JTI ~~upon~~formed eDDA Solutions Limited (“eDDA”), ~~among~~a ~~others~~company incorporated in Hong Kong with limited liability, which will be principally engaged in the ~~completion~~business of ~~transaction~~sales ~~between~~and ~~buyers~~maintenance ~~and~~services ~~sellers,~~for ~~price~~the electronic direct ~~concession~~debit ~~based~~authorization on(“eDDA ~~customary~~platform”). ~~industry~~JTI ~~practice~~has ~~and~~contributed ~~payment~~share ~~plans~~capital ~~chosen~~of by$1 (HK$10), representing a 10% shareholding of eDDA. eDDA has not commenced operations as of the ~~buyers~~date of approval of these financial statements. .

The Company is required to estimate the amount of consideration to which it will be entitled from the provision of property agency services. The estimated amount of variable consideration will be included in the transaction price only to the extent that it is highly probable taking into consideration of the risk of fallen through and price concession based on customary industry practice, that a significant reversal in the amount of cumulative revenue recognized will not occur when the uncertainty associated with the variable consideration is subsequently resolved.

Company name		Place/date of incorporation	Principal activities

6.	JTI Finance Limited (“JF”)	Hong Kong, China/ December 29, 2011	Money lending
7.	Concept We Mortgage Broker Limited (“CW”)	Hong Kong, China / December 18, 2013	Mortgage broker providing mortgage related consultancy services
8.	JTI Property Agency Limited (“JP”)	Hong Kong, China/ December 21, 2011	Property agency
9.	JTI Asset Management Limited (“JA”)	Hong Kong, China/ May 2, 2017	General consulting services
10.	Temir Logistics Industrial Park Limited	Hong Kong, China/ May 17, 2021	Investment holding

The formation of JTI Financial Services Group Limited was completed in March 2019. Upon incorporation, JTI issued 1 ordinary share at HK$1 to Mr. Roy Kong Hoi Chan. On March 20, 2019, JTI issued 9,999,999 shares of the Company to Ace Vantage Investments Limited (c“Ace Vantage”) ~~Mortgage~~at ~~referral~~a ~~services~~total cash consideration of HK$3,509,999.65 ($450,000), resulting a total share capital of 10,000,000 shares at HK$3,510,000.65 ($450,000). Ace Vantage was 50% owned by Mr. Roy Kong Hoi Chan and 50% owned by Mr. Chan Hip Fong, father of Mr. Roy Kong Hoi Chan. The Company is owned and controlled by the same control group as JF, CW, JP and JA. On March 29, 2019, the beneficial shareholders of JF, CW, JP and JA exchanged 100% of their shareholding of JF, CW, JP and JA for the shares of the Company (the “Share Exchange”). The Share Exchange has been accounted for as a common control transaction. Other than its 100% ownership of JF, CW, JP and JA, JTI has no significant assets and no other business operations.

~~Referral~~JF ~~fee~~was isincorporated ~~recognized~~in Hong Kong, China on December 29, 2011 as ~~referral~~a ~~services~~company ~~are~~with ~~provided~~limited liability. Upon incorporation, JF issued 1 ordinary share to ~~the~~Ace ~~customer~~Vantage at HK$1. On March 29, 2019, Ace Vantage transferred 100% of their shareholding of JF to JTI.

~~The~~CW ~~Company~~was ~~records~~incorporated ain ~~contract~~Hong Kong, ~~asset~~China ~~when it has a right to payment from a customer that is conditioned~~ on ~~events~~December ~~other~~18, ~~than~~2013 ~~the~~as ~~passage of time. The Company also records~~ a ~~contract~~company ~~liability~~with ~~when~~limited ~~customers prepay but the Company has not yet satisfied its performance obligation~~liability. ~~For~~Upon ~~all the periods presented~~incorporation, ~~the~~CW ~~Company~~issued ~~did~~10,000 ~~not~~ordinary ~~have~~shares ~~any~~to ~~significant~~Century ~~incremental costs of obtaining contracts with customers incurred~~Crown ~~and/or~~Investment ~~costs~~Limited ~~incurred~~at inHK$1 ~~fulfilling~~each. ~~contracts~~Century ~~with~~Crown ~~customers~~Investment ~~within~~Limited ~~the~~was ~~scope~~incorporated ofin ~~ASC~~Hong ~~Topic 606~~Kong, ~~that~~China ~~shall be recognized as an asset~~ and ~~amortized~~100% toheld ~~expenses~~by inAce ~~a pattern that matches the timing of the revenue recognition of the related contract~~Vantage. ~~The Company~~On ~~did~~March ~~not have any material unsatisfied performance obligations~~29, ~~contract assets or liabilities as of August 31~~2019, ~~2020~~Century ~~and~~Crown ~~2019.~~Investment ~~Revenue is~~Limited ~~recognized~~transferred ~~when~~100% ~~the~~of ~~performance~~their ~~obligation~~shareholding isof ~~fulfilled~~CW ~~and~~to ~~the payment from customers is not contingent on a future event~~JTI.

~~During~~JP ~~all~~was ~~the~~incorporated ~~periods~~in ~~presented~~Hong Kong, ~~all~~China ofon ~~the~~December ~~Company’s~~21, ~~revenues~~2011 ~~are~~as ~~derived~~a incompany ~~Hong~~with ~~Kong~~limited liability. Upon incorporation, JP issued 1 ordinary share to Ace Vantage at HK$1. On March 29, 2019, Ace Vantage transferred 100% of their shareholding of JP to JTI.

~~Income~~JA ~~taxes~~was incorporated in Hong Kong, China on May 2, 2017 as a company with limited liability. Upon incorporation, JA issued 1 ordinary share to Ace Vantage at HK$1. On March 29, 2019, Ace Vantage transferred 100% of their shareholding of JA to JTI

The ~~Company~~acquisitions ~~accounts~~of ~~for~~JF, ~~income~~CW, JP and ~~taxes~~JA inby ~~accordance~~JTI ~~with~~have ~~the~~been ~~accounting~~accounted ~~standard~~for ~~issued~~as bycommon ~~the~~control ~~Financial~~transactions ~~Accounting~~in ~~Standard~~a ~~Board~~manner ~~(“FASB”)~~similar ~~for~~to ~~income taxes.~~a ~~Under~~pooling ~~the~~of ~~asset~~interests and ~~liability~~there ~~method~~was asno ~~required~~recognition of byany ~~this~~goodwill ~~accounting~~or ~~standard,~~excess ~~deferred~~of ~~income~~the ~~taxes~~acquirers’ ~~are~~interest ~~recognized~~in ~~for~~ the ~~tax~~ ~~consequences~~net offair ~~temporary~~value ~~differences~~of bythe ~~applying~~acquirees’ ~~enacted~~identifiable ~~statutory~~assets, ~~tax~~liabilities ~~rates~~and ~~applicable~~contingent liabilities toover ~~future~~cost ~~years~~at ~~to differences between~~ the ~~financial~~time ~~statement~~of ~~carrying amounts and~~ the ~~tax~~common ~~bases~~control ofcombinations. ~~existing~~Therefore, ~~assets~~these ~~and~~transactions ~~liabilities.~~were ~~The~~recorded ~~charge~~at ~~for~~historical ~~taxation~~cost ~~is based~~with ona ~~the~~reclassification ~~results~~of ~~for~~equity ~~the~~from ~~reporting~~retained ~~period~~profits asto ~~adjusted~~additional ~~for~~paid ~~items~~in ~~which~~capital ~~are~~to ~~non-assessable~~reflect orthe ~~disallowed.~~deemed Itvalue isof ~~calculated~~consideration ~~using~~given ~~tax~~in ~~rates~~the ~~that~~local ~~have~~jurisdiction ~~been~~and ~~enacted~~the orcapital ~~substantively~~structure ~~enacted~~of byJF, ~~the~~CW, ~~balance~~JP ~~sheet~~and ~~date~~JA. The ~~effect~~consolidated onfinancial ~~deferred~~statements ~~income~~of ~~taxes~~the ofCompany ainclude ~~change~~all inof ~~tax rates is recognized in income in~~ the ~~period~~accounts ~~that~~of ~~includes~~ the ~~enactment~~Company ~~date.~~and Aits ~~valuation~~subsidiaries, ~~allowance~~JF, isCW, ~~recognized~~JP ifand ~~it is~~JA ~~more~~for ~~likely~~all ~~than~~periods ~~not~~presented. ~~that~~All ~~some~~material ~~portion,~~intercompany ortransactions and ~~all~~balances ~~of,~~have abeen ~~deferred~~eliminated ~~tax~~in ~~asset~~the ~~will not be realized~~consolidation.

~~Foreign currency translation~~ F-9

~~The Company’s reporting~~TEMIR ~~currency is the United States dollars (“U~~CORP.~~S. dollars”). The financial records of the Company and its subsidiaries in Hong Kong are maintained in Hong Kong dollars (“HKD”), which is the functional currency of these entities.~~

~~Monetary assets and liabilities~~NOTES ~~denominated~~TO inTHE ~~currencies~~CONSOLIDATED ~~other~~FINANCIAL than the applicable functional currencies are translated into the functional currencies at the prevailing rates of exchange at the balance sheet date. Nonmonetary assets and liabilities are remeasured into the applicable functional currencies at historical exchange rates. Transactions in currencies other than the applicable functional currencies during the year are converted into the functional currencies at the applicable rates of exchange prevailing at the transaction dates. Transaction gains and losses are recognized in the consolidated statements of operations.STATEMENTS

~~Assets and liabilities are~~FOR ~~translated~~THE ~~into~~YEARS ~~the~~ENDED AUGUST ~~reporting currency at the rates of exchange ruling at the balance sheet date. Equity accounts are translated at historical exchange rates. Revenues~~31, ~~expenses,~~2021 ~~gain~~AND and loss are translated using the average rate of exchange in effect during the reporting period. Translation adjustments are reported and shown as a separate component of other comprehensive income in the consolidated statements of changes in equity and the consolidated statements of comprehensive income.2020

~~F-11~~(In U.S. dollars)

~~TEMIR CORP~~2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

~~NOTES~~Basis TOof ~~THE CONSOLIDATED FINANCIAL STATEMENTS~~presentation

~~FOR~~The ~~THE~~accompanying ~~YEARS~~financial ~~ENDED AUGUST~~statements have ~~31,~~been ~~2020 AND~~prepared ~~2019~~in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”).

~~(In~~The Company’s Uconsolidated financial statements include the accounts of the Company and its subsidiaries.S All significant intercompany accounts and transactions have been eliminated in consolidation. ~~dollars)~~The consolidated financial statements of the Company have been prepared as if the existing corporate structure had been in existence throughout the periods presented and as if the reorganization had occurred as of the beginning of the earliest period presented. The Company has adopted August 31 as its fiscal year end.

~~During~~Going ~~the~~concern ~~periods presented, HKD is pegged to the U.S. dollar within a narrow range.~~

~~Fair~~The accompanying ~~value~~consolidated of financial ~~instruments~~statements have been prepared using the going concern basis of accounting, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business.

~~The~~As ~~carrying~~of ~~value~~August of31, 2021, the Company’s ~~financial~~has ~~instruments~~suffered ~~(excluding~~recurring ~~non-current~~losses ~~bank~~from ~~borrowings~~operations, and ~~obligation~~records ~~under~~an ~~finance~~accumulated ~~lease):~~deficit ~~cash,~~and ~~short-term~~a ~~bank~~working ~~borrowings~~capital deficit of $962, ~~other~~330 ~~loan~~and $511,049, respectively. ~~balances~~These ~~with~~conditions raise substantial doubt about the Company’s ability to continue as a ~~director~~going ~~and~~concern. The ~~holding~~continuation ~~company~~of the Company as a going concern is dependent upon improving its profitability and ~~other~~the ~~payables~~continuing ~~approximate~~financial ~~their~~support from ~~fair~~its ~~values~~shareholders ~~because~~or ofother debt or capital sources. Management believes the ~~short-term~~existing shareholders or external financing will provide ~~nature~~the ofadditional ~~these~~cash ~~financial~~to ~~instruments~~meet the Company’s obligations as they become due.

~~Management~~The ~~believes,~~continuation ~~based~~of the Company as ona going concern is dependent upon improving its profitability and the ~~current~~continuing ~~market~~financial ~~prices~~support orfrom ~~interest~~its ~~rates~~shareholders ~~for~~or ~~similar~~other debt or ~~instruments,~~capital sources. Management believes the ~~fair~~existing ~~value~~shareholders ofor external financing will provide the additional cash to meet the Company’s obligations ~~non-current~~as they become due. No assurance can be given that any future financing, if needed, will be available or, if available, that ~~bank~~it ~~borrowings~~will ~~and~~be ~~obligation~~on ~~under~~terms ~~finance~~that ~~lease~~are ~~approximates~~satisfactory to the ~~carrying~~Company. ~~amount~~Even if the Company is able to obtain additional financing, if needed, it may contain undue restrictions on its operations, in the case of debt financing, or cause substantial dilution for its stock holders, in the case of equity financing.

~~The~~In ~~Company~~March ~~also~~2020, ~~follows~~ the ~~guidance~~ ofWorld Health Organization declared the ~~ASC~~outbreak ~~Topic~~of ~~820~~COVID-1019 as a global pandemic, ~~“Fair~~which ~~Value~~continues ~~Measurements~~to spread around the world. There is significant uncertainty around the breadth and ~~Disclosures”~~duration ~~(“ASC~~of ~~820~~business disruptions related to COVID-~~10”)~~19, ~~with~~as ~~respect~~well as its impact on the Hong Kong’s and global economy. While it is difficult to estimate the financial ~~assets~~impact ~~and~~of ~~liabilities~~COVID-19 ~~that~~on ~~are~~the ~~measured~~Company’s atoperations, ~~fair~~management ~~value.~~believes ~~ASC~~that ~~820~~COVID-1019 could ~~establishes~~have a ~~three-tier~~material ~~fair~~impact ~~value~~on ~~hierarchy~~its ~~that prioritizes~~financial ~~the~~results ~~inputs~~at ~~used~~this intime, ~~measuring~~both ~~fair~~current ~~value~~financial asyear ~~follows:~~and next financial year.

Level 1 :	Observable inputs such as quoted prices in active markets;
Level 2 :	Inputs, other than the quoted prices in active markets, that are observable either directly or indirectly; and
Level 3 :	Unobservable inputs in which there is little or no market data, which require the reporting entity to develop its own assumptions

These consolidated financial statements do not include any adjustments to reflect the possible future effects on the recoverability and classification of assets and liabilities that may result in the Company not being able to continue as a going concern.

~~Net~~Use ~~loss~~of ~~per share~~estimates

~~The~~Preparing ~~Company~~financial ~~calculates~~statements ~~net~~in ~~income/(loss)~~conformity ~~per~~with ~~share~~U.S. inGAAP ~~accordance~~requires ~~with~~management ~~ASC~~to ~~Topic~~make ~~260,~~estimates ~~“Earnings~~and ~~per~~assumptions ~~Share.”~~affecting ~~Basic~~the ~~income/(loss)~~reported ~~per~~amounts ~~share~~of isassets ~~computed~~and liabilities byand ~~dividing~~disclosure of contingent assets and liabilities at the ~~net~~date ~~income/(loss)~~of bythe financial statements and the ~~weighted-average~~reported ~~number~~amounts of ~~common~~revenues ~~shares~~and ~~outstanding~~ expenses during the reporting period. ~~Diluted~~The ~~income per~~more ~~share~~significant isareas ~~computed~~requiring ~~similar~~the touse ~~basic~~of ~~income/(loss)~~management’s ~~per~~estimates ~~share~~and ~~except~~assumptions ~~that~~relate ~~the~~to ~~denominator~~allowance for isdoubtful ~~increased~~accounts, toimpairment ~~include~~of ~~the~~long-lived ~~number~~assets ~~of additional~~and ~~common~~valuation ~~shares~~allowance ~~that~~for ~~would~~deferred ~~have~~tax ~~been~~assets. ~~outstanding~~Management ifbases ~~the~~its ~~potential~~estimates on ~~common~~historical ~~stock~~experience ~~equivalents~~and ~~had~~on ~~been~~various ~~issued~~other ~~and~~assumptions ifthat ~~the additional~~are ~~common~~believed ~~shares~~to ~~were~~be ~~dilutive~~reasonable under the circumstances. ~~The~~Accordingly, ~~following~~actual results ~~table~~may ~~presents~~differ asignificantly ~~reconciliation~~from ofthese ~~basic~~estimates. ~~and~~In ~~diluted~~addition, ~~net~~different ~~income~~assumptions ~~(loss)~~or ~~per~~circumstances could reasonably be expected ~~share:~~to yield different results.

	Year ended August 31,
	2020			2019
Net loss	$	(265,093	)	$	(137,071	)
Weighted average number of common shares outstanding - Basic and diluted		6,692,182			6,692,182
Net loss per share - Basic and diluted	$	(0.04	)	$	(0.02	)

F-10

~~Related parties~~TEMIR CORP.

~~Parties, which can be a corporation~~NOTES orTO ~~individual,~~THE ~~are~~CONSOLIDATED ~~considered~~FINANCIAL to be related if the Company has the ability, directly or indirectly, to control the other party or exercise significant influence over the other party in making financial and operating decisions. Companies are also considered to be related if they are subject to common control or common significant influence.STATEMENTS

~~Recent accounting~~FOR ~~pronouncements~~THE YEARS ENDED AUGUST 31, 2021 AND 2020

~~Recently Adopted~~(In ~~Accounting~~U.S. ~~Standards~~dollars)

OnCash ~~September 1, 2019, the Company adopted Accounting Standards Update No. 2016-02, Leases (Topic 842) (ASU 2016-02), as amended, which supersedes the lease accounting guidance under Topic 840,~~ and generally requires lessees to recognize operating and financing lease liabilities and corresponding right-of-use (ROU) assets on the balance sheet and to provide enhanced disclosures surrounding the amount, timing and uncertainty of cash flows arising from leasing arrangements. The Company did not have operating leases at September 1, 2019 and August 31, 2020 that require recognition of ROU assets and leases liabilities. The adoption did not impact the Company’s beginning accumulated deficit, and did not have a material impact on the Company’s consolidated statements of income and statements of cash flows.equivalents

~~Accounting~~For ~~Pronouncements~~purposes of the cash flow statements, ~~Issued~~the ~~But~~Company ~~Not~~considers ~~Yet~~all ~~Adopted~~highly liquid investments with original maturities of three months or less at the time of purchase to be cash equivalents. Cash includes cash on hand and demand deposits in accounts maintained with financial institutions within the Hong Kong.

InLoans ~~August~~receivable 2018, the FASB issued ASU 2018-13 Fair Value Measurement (Topic 820): Disclosure Framework — Changes to the Disclosure Requirements for Fair Value Measurement, which eliminates, adds, and modifies certain disclosure requirements for fair value measurements under ASC 820. This ASU is to be applied on a prospective basis for certain modified or new disclosure requirements, and all other amendments in the standard are to be applied on a retrospective basis. The new standard is effective for interim and annual periods beginning after December 15, 2019, with early adoption permitted. The new standard is effective for the Company on September 1, 2020 and the new standard did not have a material impact on the consolidated financial statements.

~~F-12~~Loans receivable primarily represent loan amounts due from customers. Loans receivable are recorded at unpaid principal balances net of provision that reflects the Company’s best estimate of the amounts that will not be collected. The loans receivable portfolio consists of business and personal loans. As of August 31, 2021 and 2020, the Company has nil loans receivable.

~~TEMIR~~Provision ~~CORP.~~for loan losses

~~NOTES~~The TOprovision ~~THE~~for ~~CONSOLIDATED~~loan ~~FINANCIAL~~losses ~~STATEMENTS~~is increased by charges to income and decreased by charge offs (net of recoveries). Recoveries represent subsequent collection of amounts previously charged-off. The increase in provision for loan losses is the netting effect of “reversal” and “provision” for both business and personal loans. If the ending balance of the provision for loan losses after any charge offs (net of recoveries) is less than the beginning balance, it will be recorded as a “reversal”; if it is larger, it will be recorded as a “provision” in the provision for loan loss. The netting amount of the “reversal” and the “provision” is presented in the statements of operations and comprehensive income.

~~FOR~~The ~~THE~~provision ~~YEARS~~consists ~~ENDED AUGUST~~of 31specific and general components. The specific component consists of the amount of impairment related to loans that have been evaluated on an individual basis, ~~2020~~and the general component consists of the amount of impairment related to loans that have been evaluated on a collective basis. ~~AND~~Loans ~~2019~~are considered impaired when, based on current information and events, it is probable that the Company will be unable to collect all amounts when due according to the contractual terms of the loan agreement. Loans for which the terms have been modified resulting in a concession, and for which the borrower is experiencing financial difficulties, are considered troubled debt restructurings (“TDRs”).

(The Company recognizes a charge-off when management determines that full repayment of a loan is not probable. The primary factor in making that determination is the potential outcome of a lawsuit against the delinquent debtor. The Company will recognize a charge-off when the Company loses contact with the delinquent borrower for more than nine months or when the court rules against the Company to seize the collateral asset of the delinquent debt from either the guarantor or borrower. In Uaddition, when the recoverability of the delinquent debt is highly unlikely, the senior management team will go through a stringent procedure to approve a charge-off.S Management estimates the provision balance required using past loan loss experience, the nature and volume of the portfolio, information about specific borrower situations and estimated collateral values, economic conditions, and other factors. ~~dollars)~~Allocations of the provision may be made for specific loans, but the entire provision is available for any loan that, in management’s judgment, should be charged-off.

InThe ~~May~~provision 2019, the Financial Accounting Standards Board (“FASB”) issued ASU 2019-05, which is an update to ASU Update No. 2016-13, Financial Instruments—Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments, which introduced the expected credit losses methodology for ~~the~~loan ~~measurement of credit~~ losses onis ~~financial assets measured~~ maintained at ~~amortized~~a ~~cost~~level ~~basis,~~believed ~~replacing~~to ~~the~~be ~~previous~~reasonable ~~incurred~~by ~~loss methodology.~~management ~~The amendments in Update 2016-13 added Topic 326, Financial Instruments—Credit Losses, and made several consequential amendments~~ to ~~the~~absorb ~~Codification.~~probable ~~Update 2016-13 also modified the accounting for available-for-sale debt securities, which must be individually assessed for credit~~ losses ~~when~~inherent ~~fair~~in ~~value is less than~~ the ~~amortized~~portfolio ~~cost~~as ~~basis,~~of ineach ~~accordance~~balance ~~with~~sheet ~~Subtopic 326-30, Financial Instruments— Credit Losses—Available-for-Sale Debt Securities~~date. The ~~amendments~~provision inis ~~this~~based ~~ASU~~on ~~address~~factors ~~those~~such ~~stakeholders’ concerns~~as bythe ~~providing~~size anand ~~option~~current torisk ~~irrevocably~~characteristics ~~elect~~of the ~~fair value option for certain financial assets previously measured at amortized cost basis. For those entities~~portfolio, ~~the~~an ~~targeted~~assessment ~~transition relief will increase comparability~~ of ~~financial~~individual ~~statement information~~loans byand ~~providing~~actual anloss, ~~option to align measurement methodologies for similar financial assets. Furthermore~~delinquency, ~~the~~and/or ~~targeted~~risk ~~transition~~rating ~~relief also~~record ~~may~~within ~~reduce~~ the ~~costs~~portfolio ~~for~~(Note ~~some entities to comply with the amendments in Update 2016-13 while still providing financial statement users with decision-useful information~~4). ~~ASU~~The ~~2019-05~~Company isevaluates ~~effective~~its ~~for~~provision ~~“smaller reporting companies”~~ for ~~fiscal~~loan ~~year~~losses ~~beginning~~on ~~after~~a ~~December~~quarterly ~~15,~~basis ~~2022.~~or ~~The~~more ~~Company~~often isas ~~currently evaluating the impact of this new standard on its consolidated financial statements and related disclosures~~necessary.

~~In December 2019, the FASB issued ASU 2019~~F-12: Simplifying the Accounting for Income Taxes (Topic 740), which removes certain exceptions to the general principles in Topic 740 and improves consistent application of and simplifies GAAP for other areas of Topic 740 by clarifying and amending existing guidance. This ASU is effective for fiscal years beginning after December 15, 2020, and interim periods within those fiscal years, with early adoption permitted. The Company is evaluating the effect of adopting this new accounting guidance but does not expect adoption will have a material impact on the Company’s consolidated financial statements and related disclosures.11

~~In March 2020, the FASB issued~~TEMIR ~~ASU 2020-04, Reference Rate Reform (Topic 848) (“ASU 2020-04”)~~CORP. ASU 2020-04 contains practical expedients for reference rate reform related activities that impact debt, leases, derivatives and other contracts. The guidance in ASU 2020-04 is optional and may be elected over time as reference rate reform activities occur. The Company continues to evaluate the impact of the guidance and may apply the elections as applicable as changes in the market occur.

~~In August 2020, the FASB issued~~NOTES ~~ASU~~TO ~~2020-06, Debt~~THE -CONSOLIDATED ~~Debt~~FINANCIAL with Conversion and Other Options (Subtopic 470- 20) and Derivatives and Hedging - Contracts in Entity’s Own Equity (Subtopic 815-40): Accounting for Convertible Instruments and Contracts in an Entity’s Own Equity (“ASU 2020-06”), which simplifies the accounting for certain financial instruments with characteristics of liabilities and equity. This ASU (1) simplifies the accounting for convertible debt instruments and convertible preferred stock by removing the existing guidance in ASC 470-20, Debt: Debt with Conversion and Other Options, that requires entities to account for beneficial conversion features and cash conversion features in equity, separately from the host convertible debt or preferred stock; (2) revises the scope exception from derivative accounting in ASC 815-40 for freestanding financial instruments and embedded features that are both indexed to the issuer’s own stock and classified in stockholders’ equity, by removing certain criteria required for equity classification; and (3) revises the guidance in ASC 260, Earnings Per Share, to require entities to calculate diluted earnings per share (EPS) for convertible instruments by using the if-converted method. In addition, entities must presume share settlement for purposes of calculating diluted EPS when an instrument may be settled in cash or shares. STATEMENTS

~~For SEC filers, excluding smaller~~FOR ~~reporting~~THE ~~companies,~~YEARS ~~ASU~~ENDED AUGUST ~~2020-06 is effective for fiscal years beginning after December 15~~31, 2021 ~~including~~AND ~~interim periods within those fiscal years. Early adoption is permitted, but no earlier than fiscal years beginning after December 15,~~ 2020. For all other entities, ASU 2020-06 is effective for fiscal years beginning after December 15, 2023, including interim periods within those fiscal years. Entities should adopt the guidance as of the beginning of the fiscal year of adoption and cannot adopt the guidance in an interim reporting period. The Company is currently evaluating the impact that ASU 2020-06 may have on its consolidated financial statements and related disclosures.

~~Except for the above-mentioned~~(In ~~pronouncements, there are no new recent issued accounting standards that will have material impact on the consolidated financial position, statements of operations and cash flows~~U.S. dollars)

3.Interest ~~LOANS~~and ~~RECEIVABLE,~~fee ~~NET~~receivables

Interest and fee receivables are accrued and credited to income as earned but not received. The Company determines a loan past due status by the number of days that have elapsed since a borrower has failed to make a contractual interest ~~rates~~or principal payment. Accrual of interest is generally discontinued when either (i) reasonable doubt exists as to the full, timely collection of interest or principal or (ii) when a loan interest or principal becomes past due by more than 90 days (The further extension of loan past due status is subject to management final approval and on ~~loans~~case by case ~~issued~~basis). ~~was~~Additionally, 0any previously accrued but uncollected interest is reversed.~~0012%~~ Subsequent recognition of income occurs only to ~~2.2%~~the extent ~~per~~payment ~~annum~~is ~~for~~received, subject to management’s assessment of the ~~years~~collectability ~~ended~~of ~~August~~the ~~31,~~remaining ~~2020~~interest and ~~2019~~principal. Loans are generally restored to an accrual status when it is no longer delinquent and collectability of interest and principal is no longer in doubt and past due interest is recognized at that time.

~~All~~Accounts ~~loans are made to either business or individual customers in Hong Kong for a period of 16 to 77 months.~~receivable

Accounts receivable are presented net of an allowance for doubtful accounts. The Company maintains an allowance for doubtful accounts for estimated losses. The Company reviews the accounts receivable on a periodic basis and makes general and specific allowance when there is doubt as to the collectability of individual balances. In evaluating the collectability of individual receivable balance, the Company considers many factors, including the age of the balance, a customer’s historical payment history, its current credit-worthiness and current economic trends. Accounts are written off after exhaustive efforts at collection. The Company only grants credit terms to established customers who are deemed to be financially responsible. Credit periods to customers are within 90 days after customers received the purchased services. As of August 31, ~~2020~~2021 and ~~2019~~2020, the Company ~~had~~has ~~nil~~reviewed of its outstanding balances, and 1no ~~personal~~allowance ~~loan~~for ~~customer,~~doubtful ~~respectively~~accounts has been made.

~~Provision~~Impairment ~~for loan losses is estimated on a quarterly basis based on an assessment~~ of ~~specific~~long-lived ~~evidence indicating doubtful collection, historical experience, loan balance aging and prevailing economic conditions.~~assets

~~For~~The ~~all~~Company evaluates long lived assets for impairment at least annually and whenever events or changes in circumstances indicate that the ~~periods~~carrying ~~presented~~value may not be recoverable from its estimated future cash flows. Based on the existence of one or more indicators of impairment, the Company measures any impairment noof ~~provision~~long-lived ~~was~~assets ~~charged~~by comparing the asset’s estimated fair value with its carrying value, based on cash flow methodology. If the net book value of the asset exceeds the related undiscounted cash flows, the asset is considered impaired and an impairment loss equal to an amount by which the ~~consolidated~~carrying ~~statements~~value exceeds the fair value of ~~operations~~the asset is recognized. As of August 31, 2021 and 2020, management believes there was no impairment of long-lived assets.

~~F-13~~Revenue recognition

~~TEMIR~~Pursuant ~~CORP~~to the guidance of ASC Topic 606, revenue is recognized when control of promised goods or services is transferred to the Company’s customers in an amount of consideration to which the Company expects to be entitled to in exchange for those goods or services. The Company follows the five steps approach for revenue recognition under Topic 606: (i) identify the contract(s) with a customer, (ii) identify the performance obligations in the contract, (iii) determine the transaction price, (iv) allocate the transaction price to the performance obligations in the contract, and (v) recognize revenue when (or as) the Company satisfies a performance obligation.

~~NOTES~~The TOfollowing ~~THE~~table ~~CONSOLIDATED~~presents ~~FINANCIAL~~the ~~STATEMENTS~~Company’s revenues disaggregated by revenue sources.

FOR THE YEARS ENDED AUGUST 31, 2020 AND 2019

	Year ended August 31, 2021		Year ended August 31, 2020

Property agency services	$	3,385	$	1,218
Mortgage referral services		216,317		25,413

	$	219,702	$	26,631

~~(In U.S. dollars)~~F-12

~~Interest on loans receivable~~TEMIR ~~is accrued and credited to income as earned~~CORP. The Company determines a loan’s past due status by the number of days that have elapsed since a borrower has failed to make a contractual loan payment. Accrual of interest is generally discontinued when either (i) reasonable doubt exists as to the full, timely collection of interest or principal or (ii) when a loan becomes past due by more than 90 days (The further extension of loan past due status is subject to management final approval and on case by case basis).

~~The following table represents~~NOTES ~~the~~TO ~~aging~~THE ofCONSOLIDATED ~~loans~~FINANCIAL ~~by type of loan:~~STATEMENTS

	August 31, 2020		August 31, 2019
Business loans, unsecured
Current	$	-	$	-
Over 1 year past due		-		-
Total business loans	$	-	$	-
Personal loans, unsecured
Current	$	-	$	2,490
1-89 days past due		-		383
Over 1 year past due		-		-
Total personal loans	$	-	$	2,873
Total loans receivable	$	-	$	2,873
Current	$	-	$	2,681
Non-current		-		192
Total loans receivable	$	-	$	2,873

FOR THE YEARS ENDED AUGUST 31, 2021 AND 2020

~~The Company originates loans~~(In ~~to customers located primarily in Hong Kong~~U.S. dollars)

4. PROVISION FOR LOAN LOSSES

	Year ended August 31, 2021		Year ended August 31, 2020

Revenue recognized over time	$	-	$	-
Revenue recognized at a point in time		219,702		26,631

	$	219,702	$	26,631

~~The~~Primary ~~provision for~~sources ~~loan losses is maintained at a level considered adequate to provide for losses that can be reasonably anticipated. Management performs a quarterly evaluation~~ of the ~~adequacy of the provision. The provision is based on the~~ Company’s ~~past loan loss~~ ~~history,~~revenues ~~known~~are and inherent risks in the portfolio, adverse situations that may affect the borrower’s ability to repay, the estimated value of any underlying collateral, composition of the loan portfolio, current economic conditions and other relevant factors. This evaluation is inherently subjective as ~~it requires material estimates that may be susceptible to significant revision as more information becomes available.~~follows:

~~The~~(a) ~~provision is~~Money ~~calculated at portfolio-level since the Company’s loan portfolio is generally comprised of smaller balance homogenous loans and is collectively evaluated for impairment.~~lending

~~For~~Interest ~~the purpose~~on ofloan ~~calculating~~receivables ~~portfolio-level~~is ~~reserves,~~accrued monthly ~~the~~in ~~Company~~accordance ~~has~~with ~~grouped~~their ~~its~~contractual ~~loans~~terms ~~into~~and ~~two~~recorded ~~portfolio~~in ~~types:~~accrued ~~Business~~interest ~~and Personal~~receivable. The ~~provision~~Company ~~consists~~does ofnot ~~the~~charge ~~combination~~prepayment penalties. ofAdditionally, aany ~~quantitative~~previously ~~assessment~~accrued ~~component~~but ~~based~~uncollected oninterest ~~statistical~~is ~~models~~reversed and accrual is discontinued, awhen ~~retrospective~~either ~~evaluation~~(i) reasonable ofdoubt ~~actual~~exists ~~loss~~as ~~information~~ to ~~loss~~the ~~forecasts~~full, ~~value~~timely collection of ~~collateral~~interest ~~and~~or ~~could~~principal ~~include~~or (ii) when a ~~qualitative~~loan ~~component~~becomes ~~based~~past ondue ~~management judgment~~by more than 90 days.

In(b) ~~estimating the~~Property ~~probable~~agency loss of the loan portfolio, the Company also considers qualitative factors such as current economic conditions and/or events in specific industries and geographical areas, including unemployment levels, trends in real estate values, peer comparisons, and other pertinent factors such as regulatory guidance. Finally, as appropriate, the Company also considers individual borrower circumstances and the condition and fair value of the loan collateral, if any.services

~~F-14~~The Company’s entitlement to agency fee income includes an element of consideration that is variable or contingent on the outcome of future events. Actual agency fee income to be received is dependent upon, among others, the completion of transaction between buyers and sellers, price concession based on customary industry practice and payment plans chosen by the buyers.

~~TEMIR~~The ~~CORP~~Company is required to estimate the amount of consideration to which it will be entitled from the provision of property agency services. The estimated amount of variable consideration will be included in the transaction price only to the extent that it is highly probable taking into consideration of the risk of fallen through and price concession based on customary industry practice, that a significant reversal in the amount of cumulative revenue recognized will not occur when the uncertainty associated with the variable consideration is subsequently resolved.

~~NOTES~~(c) TOMortgage ~~THE~~referral ~~CONSOLIDATED FINANCIAL STATEMENTS~~services

~~FOR~~Referral ~~THE~~fee ~~YEARS~~is ~~ENDED AUGUST~~recognized ~~31,~~as ~~2020~~referral ~~AND~~services ~~2019~~are provided to the customer.

~~(In~~The UCompany records a contract asset when it has a right to payment from a customer that is conditioned on events other than the passage of time.S The Company also records a contract liability when customers prepay but the Company has not yet satisfied its performance obligation. ~~dollars)~~For all the periods presented, the Company did not have any significant incremental costs of obtaining contracts with customers incurred and/or costs incurred in fulfilling contracts with customers within the scope of ASC Topic 606, that shall be recognized as an asset and amortized to expenses in a pattern that matches the timing of the revenue recognition of the related contract. The Company did not have any material unsatisfied performance obligations, contract assets or liabilities as of August 31, 2021 and 2020. Revenue is recognized when the performance obligation is fulfilled and the payment from customers is not contingent on a future event.

InDuring ~~addition~~all the periods presented, all of the Company’s ~~calculates~~revenues ~~the~~are ~~provision~~derived ~~amount~~in asHong ~~below:~~Kong.

	1.	General Reserve - this reserve covers potential losses due to risks related to industry, company or types of loan. The reserve rate is determined by total loan receivable balance and to be used to cover unidentified probable loan loss.
	2.	Special Reserve - is fund set aside covering losses due to risks related to industry, company or type of loans. The reserve rate could be decided based on management estimate of loan collectability. The loan portfolio did not include any loans outside of the PRC.

F-13

~~Generally,~~TEMIR ~~the primary factors for the evaluation of provision for loan losses consist of business performance, financial position, cash flow and other operational performance of the debtors~~CORP. Among these, cash flow of the debtors is the primary funding source for repayment for determining the provision for loan losses and any collateral, pledged asset or guarantee is considered as a secondary funding source for repayment.

~~As of~~NOTES ~~August~~TO ~~31,~~THE ~~2020~~CONSOLIDATED ~~and~~FINANCIAL ~~2019, there was no loan receivable provision charged.~~STATEMENTS

~~While~~FOR ~~management~~THE ~~uses~~YEARS ~~the~~ENDED AUGUST ~~best information available to make loan loss provision evaluations~~31, ~~adjustments~~2021 toAND ~~the provision may be necessary based on changes in economic and other conditions or changes in accounting guidance.~~2020

5(In U.S. ~~PREPAID EXPENSES, DEPOSITS AND OTHER CURRENT ASSETS~~dollars)

	August 31, 2020		August 31, 2019
Utility deposits	$	302	$	302
Other receivables		-		16,410
	$	302	$	16,712

Leases

6The Company determines if an arrangement is a lease or contains a lease at inception. ~~OTHER~~Operating ~~PAYABLES~~lease ~~AND~~liabilities ~~ACCRUED~~are ~~LIABILITIES~~recognized based on the present value of the remaining lease payments, discounted using the discount rate for the lease at the commencement date. As the rate implicit in the lease is not readily determinable for the operating lease, the Company generally uses an incremental borrowing rate based on information available at the commencement date to determine the present value of future lease payments. Operating lease right-of-use (“ROU assets”) assets represent the Company’s right to control the use of an identified asset for the lease term and lease liabilities represent the Company’s obligation to make lease payments arising from the lease. ROU assets are generally recognized based on the amount of the initial measurement of the lease liability. Lease expense is recognized on a straight-line basis over the lease term. The Company elected the package of practical expedients permitted under the transition guidance to combine the lease and non-lease components as a single lease component for operating leases associated with the Company’s office space lease, and to keep leases with an initial term of 12 months or less off the balance sheet and recognize the associated lease payments in the consolidated statements of income on a straight-line basis over the lease term.

~~Other~~Income ~~payables and accrued liabilities were $16,573 and $7,564 as of August 31, 2020 and 2019, respectively. The balance represented payables for professional and consulting fees.~~taxes

7The Company accounts for income taxes in accordance with the accounting standard issued by the Financial Accounting Standard Board (“FASB”) for income taxes. ~~INCOME~~Under the ~~TAXES~~asset and liability method as required by this accounting standard, ~~DEFERRED~~deferred ~~TAX~~income ~~ASSETS~~taxes are recognized for the tax consequences of temporary differences by applying enacted statutory tax rates applicable to future years to differences between the financial statement carrying amounts and the tax bases of existing assets and liabilities. The charge for taxation is based on the results for the reporting period as adjusted for items which are non-assessable or disallowed. It is calculated using tax rates that have been enacted or substantively enacted by the balance sheet date. The effect on deferred income taxes of a change in tax rates is recognized in income in the period that includes the enactment date. A valuation allowance is recognized if it is more likely than not that some portion, or all of, a deferred tax asset will not be realized.

~~(a)~~Foreign ~~Income~~currency ~~taxes~~translation ~~in the consolidated statements of comprehensive income (loss)~~

The Company’s ~~provision~~reporting ~~for~~currency is ~~income~~the ~~tax~~United ~~expenses~~States dollars (“U.S. dollars”). The financial records of the Company and its subsidiaries in Hong Kong are maintained in Hong Kong dollars (~~credit~~“HKD”), ~~consisted~~which is the functional currency of: these entities.

	August 31, 2020			August 31, 2019
Income tax (credit) expenses – Hong Kong		(634	)		643
Deferred income tax benefit		-			-
Income tax (credit) expenses		(634	)		643

Monetary assets and liabilities denominated in currencies other than the applicable functional currencies are translated into the functional currencies at the prevailing rates of exchange at the balance sheet date. Nonmonetary assets and liabilities are remeasured into the applicable functional currencies at historical exchange rates. Transactions in currencies other than the applicable functional currencies during the year are converted into the functional currencies at the applicable rates of exchange prevailing at the transaction dates. Transaction gains and losses are recognized in the consolidated statements of operations.

~~United~~Assets ~~States~~and liabilities are translated into the reporting currency at the rates of ~~Tax~~exchange ruling at the balance sheet date. Equity accounts are translated at historical exchange rates. Revenues, expenses, gain and loss are translated using the average rate of exchange in effect during the reporting period. Translation adjustments are reported and shown as a separate component of other comprehensive income in the consolidated statements of changes in equity and the consolidated statements of comprehensive income.

~~The~~During ~~Company is incorporated in~~ the ~~State~~periods ofpresented, ~~Nevada~~HKD ~~and~~ is ~~subject~~pegged to the U.S. ~~federal~~dollar ~~tax~~within ~~and state tax. The Tax Cuts and Jobs Act of (“TCJ Act”) was signed into law in December 2017, and among its many provisions, it imposed~~ a ~~mandatory~~narrow ~~one-time transition tax on undistributed international earnings and reduced the U~~range.S. corporate income tax rate to 21%, effective January 1, 2018. No provision for income taxes in the United States has been made as the Company had no taxable income for the years ended August 31, 2020 and 2019.

~~Hong~~Fair ~~Kong~~value ~~Tax~~of financial instruments

The ~~Company’s~~carrying ~~subsidiaries~~value inof ~~Hong~~the ~~Kong and~~Company’s ~~are~~financial ~~subject~~instruments to(excluding ~~Hong~~non-current ~~Kong~~bank ~~taxation~~borrowings atand ~~16.5%~~obligation onunder ~~estimated~~finance ~~assessable~~lease): ~~profit~~cash, ~~derived~~short-term ~~from~~bank ~~their~~borrowings, ~~activities~~other loan, ~~conducted~~balances inwith ~~Hong~~a ~~Kong subject~~director toand aholding ~~waiver~~company ofand ~~100%~~other ofpayables ~~the~~approximate ~~profits~~their ~~tax~~fair ~~under~~values abecause ~~cap~~ of ~~$2,564 (HK$20,000) for~~ the ~~years~~short-term ~~ended~~nature ~~August~~of these ~~31,~~financial ~~2020 and 2019~~instruments.

FManagement believes, based on the current market prices or interest rates for similar debt instruments, the fair value of the Company’s non-15current bank borrowings and obligation under finance lease approximates the carrying amount.

~~TEMIR CORP.~~F-14

~~NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS~~TEMIR CORP.

~~FOR~~NOTES TO THE ~~YEARS~~CONSOLIDATED ~~ENDED AUGUST~~FINANCIAL ~~31, 2020 AND 2019~~STATEMENTS

~~(In~~FOR THE ~~U.S.~~YEARS ~~dollars)~~ENDED AUGUST 31, 2021 AND 2020

~~A reconciliation of the provision for income taxes~~(In ~~determined~~U.S. ~~at the statutory income tax rate to the Company’s income taxes is as follows:~~dollars)

	August 31, 2020			August 31, 2019
Loss before provision for income taxes	$	(265,727	)	$	(136,428	)
Statutory income tax rate		21	%		21	%
Income tax credit computed at statutory income tax rate		(55,803	)		(28,650	)
Reconciling items:
Rate differential in different tax jurisdictions		10,329			6,139
Non-deductible expenses		28,292			9,292
Tax effect of tax relief		(1,444	)		(1,930	)
Tax effect of utilization of tax losses		(1,814	)		-
Over-provision of income tax in prior year		(634	)		-
Valuation allowance on deferred tax assets		20,440			15,792
Income tax (credit) expenses	$	(634	)	$	643

The Company also follows the guidance of the ASC Topic 820-10, “Fair Value Measurements and Disclosures” (“ASC 820-10”), with respect to financial assets and liabilities that are measured at fair value. ASC 820-10 establishes a three-tier fair value hierarchy that prioritizes the inputs used in measuring fair value as follows:

~~The~~Level ~~calmative~~1 ~~net~~: ~~tax~~Observable ~~loss of~~inputs ~~the~~such ~~subsidiaries~~as inquoted ~~Hong~~prices ~~Kong~~in ofactive ~~$596,370~~markets; ~~and~~Level ~~$483,484~~2 as: ~~of August 31~~Inputs, ~~2020~~other ~~and~~than ~~2019,~~the ~~respectively,~~quoted ~~available~~prices ~~for~~in ~~offset~~active ~~against future profits~~markets, ~~may be carried forward indefinitely. Management believes it is more likely than not~~ that ~~the~~are ~~Company~~observable ~~will~~either ~~not~~directly ~~realize these~~or ~~potential~~indirectly; ~~tax~~and ~~benefits~~Level as3 ~~these~~: ~~operations~~Unobservable ~~will~~inputs ~~not~~in ~~generate~~which ~~operating~~there ~~profits~~is inlittle ~~the~~or ~~foreseeable~~no ~~future.~~market ~~As a result~~data, ~~a valuation~~which ~~allowance~~require ~~was provided against~~ the ~~full~~reporting ~~amount~~entity ofto ~~the~~develop ~~potential~~its ~~tax~~own ~~benefits.~~assumptions

~~(b)~~Net loss ~~Deferred~~per ~~tax assets~~share

	August 31, 2020			August 31, 2019
Deferred tax assets
Tax loss		98,401			79,775
Valuation allowance		(98,401	)		(79,775	)
		-			-

The Company calculates net income/ (loss) per share in accordance with ASC Topic 260, “Earnings per Share.” Basic income/ (loss) per share is computed by dividing the net income/(loss) by the weighted-average number of common shares outstanding during the period. Diluted income per share is computed similar to basic income/ (loss) per share except that the denominator is increased to include the number of additional common shares that would have been outstanding if the potential common stock equivalents had been issued and if the additional common shares were dilutive. The following table presents a reconciliation of basic and diluted net income (loss) per share:

8. BALANCES WITH RELATED PARTIES

	Year ended August 31,
	2021			2020
Net loss	$	(266,862	)	$	(265,093	)
Weighted average number of common shares outstanding - Basic and diluted		6,890,972			6,692,182
Net loss per share - Basic and diluted	$	(0.04	)	$	(0.04	)

	Note	August 31, 2020			August 31, 2019
Amount due (to) from a shareholder
Ace Vantage Investments Limited		$	(173,796	)	$	52,669
Amount due to a related company
Century Crown Investments Limited	(a)	$	(56,317	)	$	(56,317	)

The Company has no potentially dilutive securities, such as options or warrants, currently issued and outstanding as of August 31, 2021 and 2020.

(a) Mr. Roy Kong Hoi Chan, the Company’s President is a director of and a 50% shareholder of Century Crown Investments Limited. Century Crown Investments Limited is a wholly-owned subsidiary of Ace Vantage Investments Limited.Related parties

~~The~~Parties, which ~~balances~~can ~~with~~be ~~the~~a ~~shareholder~~corporation ~~and~~or individual, are considered to be related ~~company detailed~~if ~~above~~the asCompany ofhas ~~August~~the 31ability, ~~2020~~directly or indirectly, to control the other party or exercise significant influence over the other party in making financial and ~~2019~~operating decisions. Companies are ~~unsecured,~~also considered ~~non-interest~~to ~~bearing~~be ~~and~~related ~~repayable~~if onthey ~~demand~~are subject to common control or common significant influence.

~~For the years ended August~~Recent ~~31,~~accounting 2020 and 2019, the Company has paid $123,077 (HK$960,000) and $123,077 (HK$960,000) to Mr. Roy Kong Hoi Chan as director fee of JTI Finance Limited and $27,692 (HK$216,000) and $55,385 (HK$432,000) to Mr. Chan Hip Fong as director fee of JTI Asset Management Limited.pronouncements

~~For the year ended August 31,~~Recently ~~2020,~~Adopted ~~the~~Accounting Company paid $2,371 (HK$18,494) services fees to High Flyers Info Limited, which the Company executive director Mark Ko Chiu Yip was a director of High Flyers Info Limited for the period from May 7, 2020 to September 15, 2020.Standards

FIn August 2018, the FASB issued ASU 2018-1613 Fair Value Measurement (Topic 820): Disclosure Framework — Changes to the Disclosure Requirements for Fair Value Measurement, which eliminates, adds, and modifies certain disclosure requirements for fair value measurements under ASC 820. This ASU is to be applied on a prospective basis for certain modified or new disclosure requirements, and all other amendments in the standard are to be applied on a retrospective basis. The new standard is effective for interim and annual periods beginning after December 15, 2019, with early adoption permitted. The new standard is effective for the Company on September 1, 2020 and the new standard did not have a material impact on the condensed consolidated financial statements.

~~TEMIR CORP.~~F-15

~~NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS~~TEMIR CORP.

~~FOR~~NOTES TO THE ~~YEARS~~CONSOLIDATED ~~ENDED AUGUST~~FINANCIAL ~~31, 2020 AND 2019~~STATEMENTS

~~(In~~FOR THE ~~U.S.~~YEARS ~~dollars)~~ENDED AUGUST 31, 2021 AND 2020

9(In U.S. ~~SEGMENT INFORMATION~~dollars)

~~The~~Accounting ~~Company’s~~Pronouncements ~~segments~~Issued ~~are~~But ~~business~~Not ~~units~~Yet that offer different products and services and are reviewed separately by the chief operating decision maker (the “CODM”), or the decision-making group, in deciding how to allocate resources and in assessing performance. The Company’s CODM is the Company’s Chief Executive Officer.Adopted

For the year ended August 31, 2020	Money lending			Property agency services			Mortgage referral services			Corporate unallocated (note)			Consolidated
Revenue	$	-		$	1,218		$	25,413		$	-		$	26,631
Cost of revenue		-			-			(2,371	)		-			(2,371	)
Gross profit		-			1,218			23,042			-			24,260
General and administrative expense		(133,368	)		(283	)		(4,230	)		(161,593	)		(299,474	)
Profit (Loss) from operations		(133,368	)		935			18,812			(161,593	)		(275,214	)
Other income		1,282			-			-			8,205			9,487
Profit (Loss) before income tax		(132,086	)		935			18,812			(153,388	)		(265,727	)
Income tax		-			634			-			-			634
Net profit (loss)		(132,086	)		1,569			18,812			(153,388	)		(265,093	)
As of August 31, 2020
Total assets		55			2,496			29			302			2,882

In May 2019, the Financial Accounting Standards Board (“FASB”) issued ASU 2019-05, which is an update to ASU Update No. 2016-13, Financial Instruments—Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments, which introduced the expected credit losses methodology for the measurement of credit losses on financial assets measured at amortized cost basis, replacing the previous incurred loss methodology. The amendments in Update 2016-13 added Topic 326, Financial Instruments—Credit Losses, and made several consequential amendments to the Codification. Update 2016-13 also modified the accounting for available-for-sale debt securities, which must be individually assessed for credit losses when fair value is less than the amortized cost basis, in accordance with Subtopic 326-30, Financial Instruments— Credit Losses—Available-for-Sale Debt Securities. The amendments in this ASU address those stakeholders’ concerns by providing an option to irrevocably elect the fair value option for certain financial assets previously measured at amortized cost basis. For those entities, the targeted transition relief will increase comparability of financial statement information by providing an option to align measurement methodologies for similar financial assets. Furthermore, the targeted transition relief also may reduce the costs for some entities to comply with the amendments in Update 2016-13 while still providing financial statement users with decision-useful information. ASU 2019-05 is effective for “smaller reporting companies” for fiscal year beginning after December 15, 2022. The Company is currently evaluating the impact of this new standard on its consolidated financial statements and related disclosures.

For the year ended August 31, 2019	Money lending			Property agency services			Mortgage referral services			Corporate unallocated (note)			Consolidated
Revenue	$	302		$	33,097		$	10,993		$	-		$	44,392
Cost of revenue		-			(15,966	)		-			-			(15,966	)
Gross profit		302			17,131			10,993			-			28,426
General and administrative expense		(130,431	)		(1,531	)		(5,702	)		(56,317	)		(193,981	)
Profit (Loss) from operations		(130,129	)		15,600			5,291			(56,317	)		(165,555	)
Other income		4,512			-			-			24,615			29,127
Profit (Loss) before income tax		(125,617	)		15,600			5,291			(31,702	)		(136,428	)
Income tax		-			(643	)		-			-			(643	)
Net profit (loss)		(125,617	)		14,957			5,291			(31,702	)		(137,071	)
As of August 31, 2019
Total assets		6,532			1,953			7,938			69,381			85,804

In December 2019, the FASB issued ASU 2019-12: Simplifying the Accounting for Income Taxes (Topic 740), which removes certain exceptions to the general principles in Topic 740 and improves consistent application of and simplifies GAAP for other areas of Topic 740 by clarifying and amending existing guidance. This ASU is effective for fiscal years beginning after December 15, 2020, and interim periods within those fiscal years, with early adoption permitted. The Company is evaluating the effect of adopting this new accounting guidance but does not expect adoption will have a material impact on the Company’s unaudited consolidated financial statements and related disclosures.

~~Note:~~In ~~The~~March ~~Company~~2020, ~~does~~the ~~not~~FASB ~~allocate~~issued ~~its~~ASU ~~assets~~2020-04, Reference ~~located~~Rate ~~and~~Reform ~~expenses~~(Topic ~~incurred~~848) (“ASU ~~outside~~2020-04”). ~~Hong~~ASU ~~Kong~~2020-04 tocontains practical ~~its~~expedients ~~reportable~~for ~~segments~~reference ~~because~~rate ~~these~~reform related activities that impact debt, leases, derivatives and other contracts. The guidance ~~assets~~in ASU 2020-04 is optional and may be elected over time as reference rate reform activities ~~are~~occur. ~~managed~~The atCompany acontinues ~~corporate~~to ~~level~~evaluate the impact of the guidance and may apply the elections as applicable as changes in the market occur.

FIn August 2020, the FASB issued ASU 2020-1706, Debt - Debt with Conversion and Other Options (Subtopic 470- 20) and Derivatives and Hedging - Contracts in Entity’s Own Equity (Subtopic 815-40): Accounting for Convertible Instruments and Contracts in an Entity’s Own Equity (“ASU 2020-06”), which simplifies the accounting for certain financial instruments with characteristics of liabilities and equity. This ASU (1) simplifies the accounting for convertible debt instruments and convertible preferred stock by removing the existing guidance in ASC 470-20, Debt: Debt with Conversion and Other Options, that requires entities to account for beneficial conversion features and cash conversion features in equity, separately from the host convertible debt or preferred stock; (2) revises the scope exception from derivative accounting in ASC 815-40 for freestanding financial instruments and embedded features that are both indexed to the issuer’s own stock and classified in stockholders’ equity, by removing certain criteria required for equity classification; and (3) revises the guidance in ASC 260, Earnings Per Share, to require entities to calculate diluted earnings per share (EPS) for convertible instruments by using the if-converted method. In addition, entities must presume share settlement for purposes of calculating diluted EPS when an instrument may be settled in cash or shares.

~~TEMIR~~For SEC ~~CORP~~filers, excluding smaller reporting companies, ASU 2020-06 is effective for fiscal years beginning after December 15, 2021 including interim periods within those fiscal years. Early adoption is permitted, but no earlier than fiscal years beginning after December 15, 2020. For all other entities, ASU 2020-06 is effective for fiscal years beginning after December 15, 2023, including interim periods within those fiscal years. Entities should adopt the guidance as of the beginning of the fiscal year of adoption and cannot adopt the guidance in an interim reporting period. The Company is currently evaluating the impact that ASU 2020-06 may have on its consolidated financial statements and related disclosures.

~~NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS~~F-16

~~FOR THE YEARS ENDED AUGUST 31, 2020~~TEMIR ~~AND 2019~~CORP.

~~(In~~NOTES TO ~~U.S.~~THE ~~dollars)~~CONSOLIDATED FINANCIAL STATEMENTS

~~10.~~FOR THE ~~SIGNIFICANT~~YEARS ~~RISKS~~ENDED AUGUST 31, 2021 AND 2020

~~Credit~~(In ~~risk~~U.S. dollars)

~~Credit~~In ~~risk~~May is2021, ~~one~~the FASB issued ASU 2021-04, Earnings Per Share (Topic 260), Debt — Modifications and Extinguishments (Subtopic 470-50), Compensation — Stock Compensation (Topic 718), and Derivatives and Hedging — Contracts in Entity’s Own Equity (Subtopic 815-40): Issuer’s Accounting for Certain Modifications or Exchanges of Freestanding Equity-Classified Written Call Options (“ASU 2021-04”). ASU 2021-04 provides guidance as to how an issuer should account for a modification of the ~~most~~terms ~~significant~~or ~~risks~~conditions or an exchange of a freestanding equity-classified written call option (i.e., a warrant) that remains classified after modification or exchange as an exchange of the original instrument for a new instrument. An issuer should measure the ~~Company’s~~effect ~~business~~of a modification or exchange as the difference between the fair value of the modified or exchanged warrant and ~~arise~~the ~~principally~~fair value of that warrant immediately before modification or exchange and then apply a recognition model that comprises four categories of transactions and the corresponding accounting treatment for each category (equity issuance, debt origination, debt modification, and modifications unrelated to equity issuance and debt origination or modification). ASU 2021-04 is effective for all entities for fiscal years beginning after December 15, 2021, including interim periods within those fiscal years. An entity should apply the guidance provided in ~~lending~~ASU ~~activities~~2021-04 prospectively to modifications or exchanges occurring on or after the effective date. Early adoption is permitted for all entities, including adoption in an interim period. If an entity elects to early adopt ASU 2021-04 in an interim period, the guidance should be applied as of the beginning of the fiscal year that includes that interim period. The adoption of ASU 2021-04 is not expected to have any impact on the Company’s consolidated financial statement presentation or disclosures.

~~Credit~~Except ~~risk~~for ~~is controlled by~~ the ~~application~~above-mentioned ~~of credit approvals~~pronouncements, ~~limits~~there ~~and~~are ~~monitoring~~no ~~procedures.~~new ~~The~~recent ~~Company~~issued ~~manages~~accounting ~~credit~~standards ~~risk~~that ~~through in-house~~will ~~research~~have ~~and~~material ~~analysis~~impact ofon the ~~economy primarily in Hong Kong and the underlying obligors and transaction structures. To~~consolidated ~~minimize~~financial ~~credit risk~~position, ~~the~~statements ~~Company requires collateral in the form~~ of ~~rights~~operations toand cash, ~~securities or property and equipment~~flows.

~~The Company conducts credit evaluations of customers and generally does not require collateral or other security from its customers.~~F-17

~~Liquidity~~TEMIR ~~risk~~CORP.

~~The~~NOTES ~~Company~~TO isTHE ~~also~~CONSOLIDATED ~~exposed~~FINANCIAL to liquidity risk which is risk that it is unable to provide sufficient capital resources and liquidity to meet its commitments and business needs. Liquidity risk is controlled by the application of financial position analysis and monitoring procedures. When necessary, the Company will turn to other financial institutions and the owners to obtain short-term funding to meet the liquidity shortage.STATEMENTS

~~Concentration~~FOR ~~risk~~THE YEARS ENDED AUGUST 31, 2021 AND 2020

~~For~~(In ~~all the periods presented, all of the Company’s assets were located in Hong Kong~~U.S. dollars)

~~One customer~~3. ~~accounted~~PREPAID ~~for all of the Company’s income from property agency services for the year ended August 31~~EXPENSES, ~~2020.~~DEPOSITS ~~Two customers~~AND ~~accounted~~OTHER ~~for~~CURRENT ~~all (81% and 19%) of the Company’s income from property agency services for the year ended August 31, 2019.~~ASSETS

~~Four~~Prepaid ~~customers accounted for all (40%~~expenses, ~~30%,~~deposits ~~20%~~ and ~~10%)~~other ofcurrent ~~the~~assets ~~Company’s~~were ~~income~~$302 ~~from~~as ~~mortgage~~of ~~referral services for the year ended~~ August 31, 2021 and 2020. ~~One~~The ~~customer~~balance ~~accounted~~represented ~~for~~utility ~~all~~deposits ~~of the Company’s income from mortgage referral services for the year ended August 31, 2019~~paid.

~~There was no loans receivable and accounts receivable as of August 31, 2020~~4. ~~One~~NON-MARKETABLE ~~customer~~EQUITY ~~accounted for all the loans receivable as of August 31, 2019 and another one customer accounted for all the accounts receivable as of August 31, 2019.~~SECURITIES

~~F-18~~On May 5, 2021, (i) Direct Assistance Limited, a wholly owned subsidiary of EFT Solutions Holdings Limited (a company listed on GEM of The Stock Exchange of Hong Kong Limited), (ii) 2Go Investments Group Limited and (iii) JTI formed eDDA Solutions Limited (“eDDA”), a company incorporated in Hong Kong with limited liability, which will principally engaged in the business of sales and maintenance services for the electronic direct debit authorization (“eDDA platform”). JTI has contributed share capital of $1 (HK$10), representing a 10% shareholding of eDDA. eDDA has not commenced operations as of the date of approval of these financial statements

~~ITEM 9~~5. ~~CHANGES~~ACCOUNTS INPAYABLE, ~~AND~~OTHER ~~DISAGREEMENTS~~PAYABLES ~~WITH ACCOUNTANTS ON ACCOUNTING~~ AND ~~FINANCIAL~~ACCRUED ~~DISCLOSURE~~LIABILITIES

On January 14, 2020, the Board of directors of the Company decided to terminate the appointment of Michael Gillespie & Associates, PLLC as the auditor of the Company and appointed Centurion ZD CPA & Co as our independent registered public accounting firm, effective immediately.

	August 31, 2021		August 31, 2020
Accounts payable		45,239		2,371
Accrued expenses		37,610		14,202
		82,849		16,573

~~The disclosure required under this section~~Accrued ~~was~~expenses ~~previously~~represented ~~reported~~payables asfor ~~such~~professional ~~term is defined in Rule 12b-2 under the Securities Exchange Act of 1934, as amended, on a current report on Form 8-K filed with the Securities~~ and ~~Exchange~~consulting ~~Commission on January 15, 2020~~fees.

~~ITEM 9A~~6. ~~CONTROLS~~INCOME ~~AND~~TAXES, ~~PROCEDURES~~DEFERRED TAX ASSETS

~~Evaluation~~(a) Income oftaxes ~~Disclosure~~in ~~Controls and~~the ~~Procedures~~consolidated statements of comprehensive loss

~~We maintain disclosure controls and procedures,~~The as defined in Rule 13a-15(e) promulgated under the Securities Exchange Act of 1934 (the “Exchange Act”), that are designed to ensure that information required to be disclosed by us in the reports that we file or submit under the Exchange Act is recorded, processed, summarized and reported within the time periods specified in the Securities and Exchange CommissionCompany’s ~~rules~~provision ~~and~~for ~~forms and~~income ~~that~~tax ~~such~~credit ~~information~~consisted is accumulated and communicated to our management, including our Chief Executive Officer and Chief Financial Officer, as appropriate to allow timely decisions regarding required disclosure. In designing and evaluating our disclosure controls and procedures, management recognizes that any controls and procedures, no matter how well designed and operated, can provide only reasonable assurance of ~~achieving the desired control objectives, and management is required to apply its judgment in evaluating and implementing possible controls and procedures.~~:

Management conducted its evaluation of disclosure controls and procedures under the supervision of our Chief Executive Officer and our Interim Chief Financial Officer. Based upon, and as of the date of this evaluation, our Chief Executive Officer and Interim Chief Financial Officer concluded that our disclosure controls and procedures were not effective as of August 31, 2020 due to the material weaknesses in our internal control over financial reporting, which are described below.

	August 31, 2021		August 31, 2020
Income tax credit – Hong Kong		-		(634	)
Deferred income tax benefit		-		-
Income tax credit		-		(634	)

~~Management’s Report on Internal~~United ~~Control~~States ~~Over~~of ~~Financial Reporting~~Tax

~~Management~~The Company is ~~responsible~~incorporated ~~for~~in ~~establishing~~ the State of Nevada and ~~maintaining~~is ~~adequate~~subject ~~internal~~to ~~control~~the ~~over~~U.S. ~~financial~~federal ~~reporting,~~tax asand ~~defined~~state intax. ~~Exchange~~The Tax Cuts and Jobs Act ~~Rule~~of ~~13a-15~~(f“TCJ Act”). ~~The~~was ~~Company’s internal~~signed ~~control~~into ~~over~~law ~~financial~~in ~~reporting~~December is2017, aand ~~process~~among ~~designed~~its tomany ~~provide~~provisions, ~~reasonable~~it ~~assurance~~imposed ~~regarding~~a ~~the~~mandatory ~~reliability~~one-time oftransition ~~financial~~tax on undistributed ~~reporting~~international earnings and reduced the ~~preparation~~U.S. ofcorporate ~~financial~~income ~~statements~~tax ~~for~~rate ~~external~~to ~~purposes~~21%, ineffective ~~accordance~~January ~~with~~1, ~~accounting~~2018. ~~principles~~No ~~generally accepted~~provision for income taxes in the United States ofhas ~~America~~been made as the Company had no taxable income for the years ended August 31, 2021 and 2020.

~~Because of its inherent limitations, internal~~Hong ~~control~~Kong over financial reporting may not prevent or detect misstatements. Also, 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.Tax

~~Under~~The Company’s ~~the~~subsidiaries ~~supervision~~in ~~and~~Hong ~~with~~Kong ~~the~~and ~~participation of~~are ~~management,~~subject ~~including~~to ~~the~~Hong ~~Chief~~Kong ~~Executive~~taxation ~~Officer~~at ~~and~~16.5% ~~Interim~~on ~~Chief~~estimated ~~Financial~~assessable ~~Officer,~~profit ~~the~~derived ~~Company conducted an evaluation of~~from ~~the~~their ~~effectiveness~~activities ofconducted ~~the~~in ~~Company’s~~Hong ~~internal~~Kong ~~control~~subject ~~over~~to ~~financial~~a ~~reporting~~waiver as of ~~August~~100% ~~31,~~of ~~2020, using~~ the ~~criteria~~profits ~~established in~~tax ~~“Internal~~under ~~Control~~a -cap ~~Integrated Framework” issued by the Committee~~ of ~~Sponsoring~~$2,564 ~~Organizations of the Treadway Commission~~ (~~“COSO”~~HK$20,000) ~~(2013 framework)~~.

A material weakness is a deficiency, or combination of deficiencies, in internal control over financial reporting, such that there is a reasonable possibility that a material misstatement of the Company’s annual or interim financial statements will not be prevented or detected on a timely basis.F-18

~~Based on our assessment, as a result of~~TEMIR the material weaknesses described below, our Chief Executive Officer and Chief Financial Officer determined that, as of August 31, 2020, our internal control over financial reporting was not effective because of the following material weaknesses in our internal control over financial reporting has been identifiedCORP.

1.NOTES TO WeTHE doCONSOLIDATED ~~not~~FINANCIAL have an Audit Committee – While not being legally obligated to have an audit committee, it is the management’s view that such a committee, including a financial expert member, is of the utmost importance for entity-level control over the Company’s financial statement. Currently, the Board of Directors acts in the capacity of the Audit Committee.STATEMENTS

18FOR THE YEARS ENDED AUGUST 31, 2021 AND 2020

~~2. We currently lack sufficient accounting personnel with the appropriate level of knowledge, experience and training in~~ (In U.S. ~~GAAP and SEC reporting requirements.~~dollars)

	3.	We did not maintain appropriate cash controls – As of August 31, 2020, the Company had not maintained sufficient internal controls over financial reporting for the cash process, including failure to segregate cash handling and accounting functions. However, the Companymaintained controls on dual signature on the Company’s bank accounts. However, the effects of poor cash controls were mitigated in part by the fact that the Company had limited transactions in their bank accounts.
	4.	We did not implement appropriate information technology controls – As of August 31, 2020, the Company was retaining copies of all financial data and material agreements; however there is no formal procedure or evidence of normal backup of the Company’s data or off-site storage of the data in the event of theft, misplacement, or loss due to unmitigated factors.

A reconciliation of the provision for income taxes determined at the statutory income tax rate to the Company’s income taxes is as follows:

Notwithstanding these material weaknesses, however, management has concluded that the consolidated financial statements included in this Annual Report present fairly, in all material respects, our financial position, results of operations and cash flows for the periods presented in conformity with U.S. GAAP.

	August 31, 2021			August 31, 2020
Loss before provision for income taxes	$	(266,862	)	$	(265,727	)
Statutory income tax rate		21	%		21	%
Income tax credit computed at statutory income tax rate		(56,041	)		(55,803	)
Reconciling items:
Rate differential in different tax jurisdictions		6,838			10,329
Non-deductible expenses		37,707			7,602
Tax effect of tax relief		(169	)		(1,444	)
Tax effect of utilization of tax losses		-			(1,814	)
Over-provision of income tax in prior year		-			(634	)
Valuation allowance on deferred tax assets		11,665			41,130
Income tax (credit) expenses	$	-		$	(634	)

~~Continuing~~The net ~~Remediation~~tax ~~Efforts~~loss ~~to address~~of ~~deficiencies~~the subsidiaries in Hong Kong of $667,067 and $596,370 as of August 31, 2021 and 2020, respectively, available for offset against future profits, may be carried forward indefinitely. Management believes it is more likely than not that the Company’s ~~Internal~~will ~~Control~~not realize ~~over~~these ~~Financial~~potential ~~Reporting~~tax benefits as these operations will not generate operating profits in the foreseeable future. As a result, a valuation allowance was provided against the full amount of the potential tax benefits.

~~We plan to take steps to remediate these~~(b) ~~material~~Deferred ~~weaknesses~~tax ~~as soon as practicable by implementing a plan to improve our internal control over financial reporting including, but not limited to:~~ assets

- Create a position to segregate duties consistent with control objectives and increase our personnel resources and technical accounting expertise within the accounting function when funds are available to us.

	August 31, 2021			August 31, 2020
Deferred tax assets
Tax loss		110,066			98,401
Valuation allowance		(110,066	)		(98,401	)
		-			-

-7. ~~Prepare~~BALANCES ~~written~~WITH ~~policies~~RELATED and procedures for accounting and financial reporting to establish a formal process to close our books monthly on an accrual basis and account for all transactions, including equity and debt transactions, in a timely manner.PARTIES

- Add staff members to our management team to make sure that information required to be disclosed in our reports filed and submitted under the Exchange Act is recorded, processed, summarized and reported as and when required and the staff members will have segregated responsibilities with regard to these responsibilities.

	Note	August 31, 2021		August 31, 2020

Amount due to a shareholder
Ace Vantage Investments Limited	(c)	$	316,120	$	173,796

Amount due to a related company
Century Crown Investments Limited	(a)	$		$
- Other payable			91,988		56,317
- Rental payable	(b)		72,000		-
	(a) (c)		163,988		56,317

~~Changes in Internal Control over Financial Reporting~~F-19

~~Except~~TEMIR for the matters described above, there were no changes in our internal controls over financial reporting during the fourth quarter of our fiscal year ended August 31, 2020 that have materially affected, or are reasonably likely to materially affect, our internal control over financial reportingCORP.

~~This Annual Report does not include an~~NOTES ~~attestation~~TO ~~report~~THE ofCONSOLIDATED ~~the~~FINANCIAL Company’s registered public accounting firm regarding internal control over financial reporting. Management’s report was not subject to attestation by the Company’s registered public accounting firm pursuant to the rules of the SEC that permit the Company to provide only management’s report in this annual report.STATEMENTS

~~ITEM~~FOR THE ~~9B.~~YEARS ~~OTHER~~ENDED AUGUST ~~INFORMATION~~31, 2021 AND 2020

~~None~~(In U.S. dollars)

19(a) Mr. Roy Kong Hoi Chan, the Company’s President, is a director of and a 50% shareholder of Century Crown Investments Limited. Century Crown Investments Limited is a wholly-owned subsidiary of Ace Vantage Investments Limited.

~~PART~~(b) ~~III~~On August 20, 2020, the Company has entered into a sub-lease agreement with Century Crown Investments Limited for office space in Hong Kong for the period of one year from September 1, 2020 at $6,000 per month. For the years ended August 31, 2021 and 2020, the Company recorded $72,000 and nil rental expenses to Century Crown Investments Limited, respectively.

~~ITEM~~On August ~~10.~~20, ~~DIRECTORS~~2021, ~~EXECUTIVE~~the ~~OFFICERS,~~Company renewed the sub-lease agreement with Century Crown Investments Limited for office space in Hong Kong for ~~PROMOTERS~~another ~~AND~~year ~~CONTROL~~from ~~PERSONS~~September OF1, ~~THE~~2021 ~~COMPANY~~at $6,000 per month.

Name of Executive Officer and/or Director	Age	Position
Roy Kong Hoi Chan	42	Executive director and President
Alex Kwok Fai Yuen	41	Executive director and Secretary
Mark Ko Chiu Yip	38	Executive director
Bon Pok Yin Cheung	42	Independent non-executive director
Alan Yuk Lun Wong	46	Independent non-executive director
Siu Nam Hau	49	Independent non-executive director
Brian Hung Ngok Wong	54	Chief Executive Officer
Brian Kong Wai Chan	40	Chief Financial Officer

(c)

The balances with the shareholder and related company detailed above as of August 31, 2021 and 2020 were unsecured, non-interest bearing and repayable on demand.

~~Roy~~For the ~~Chan~~years ~~appointed~~ended asAugust ~~our President~~31, on2021 ~~July~~and 152020, ~~2019. Roy is~~ the ~~founder~~Company ofrecorded ~~JTI~~$61,538 ~~Securities~~(HK$480,000) ~~Limited~~ and ~~JTI~~$nil ~~Financial~~to ~~Services Group Limited~~Mr. HeRoy ~~has~~Kong ~~held senior~~Hoi ~~management~~Chan ~~roles~~as director fee of JTI ~~since~~Property ~~2011.~~Agency ~~Prior to joining JTI group~~Limited, ~~He has over 10 years’ working experience in banking and finance sectors~~respectively.

~~Alex Yuen appointed as our~~For ~~executive~~the ~~director~~years onended ~~July~~August 1531, ~~2019.~~2021 ~~Alex~~and is2020, athe ~~sole~~Company ~~owner~~recorded of$nil ~~professional~~and ~~consultancy~~$123,077 ~~firm~~(HK$960,000) ~~which~~to ~~provide corporate advisory services~~Mr. He ~~started~~Roy ~~his~~Kong ~~career~~Hoi atChan ~~Deloitte~~as ~~Touche~~director ~~Tohmatsu and has been focusing on risk management and regulatory compliance for more than~~fee 10of ~~years.~~JTI ~~Alex~~Finance isLimited, ~~an expert in corporate governance~~respectively, ~~anti-money~~and ~~laundering~~nil and ~~regulatory~~$27,692 ~~compliance. Others than Deloitte~~(HK$216,000) ~~he worked~~to atMr. ~~different~~Chan ~~financial~~Hip ~~institutions~~Fong as ~~compliance~~director ~~and~~fee ~~risk~~of ~~experts,~~JTI ~~including~~Asset ~~asset~~Management ~~management firms, securities brokerage firms, private banks and investment banks~~Limited.

~~Mark Yip appointed as our~~For ~~independent~~the ~~non-executive~~years ~~director~~ended onAugust ~~July 15~~31, ~~2019~~2021 and ~~re-designated~~2020, asthe ~~executive~~Company ~~director~~recorded on$137,465(HK$1,072,224) ~~September~~and 26$2,371 ~~2019.~~(HK$18,494) Heservices ~~was~~fees ~~the~~to ~~general~~High Flyers ~~manager~~Info ~~of Cybernetics Property Mortgage~~ Limited, ~~since 2013~~respectively. ~~Mark~~The isexecutive adirector ~~specialist~~of onthe ~~mortgage~~Company, ~~and personal loan consulting services with over 11 years’ experience.~~ Mark ~~has~~Ko ~~good~~Chiu ~~business~~Yip ~~relationship~~was ~~with~~a ~~banks~~director ~~and~~of ~~property~~High ~~agencies~~Flyers inInfo ~~Hong~~Limited ~~Kong.~~for ~~Before~~the heperiod ~~took~~from ~~the~~May ~~senior~~7, ~~management~~2020 ~~role~~to inSeptember ~~Cybernetics~~15, ~~he held executive position in mReferral Corporation (HK) Limited~~2020.

~~Bon Cheung appointed as our~~Included ~~non-executive~~in ~~director~~the onaccounts ~~July~~payable 15$24,747 ~~2019. He is the founder~~ and ~~principal~~$2,371 ~~solicitor~~as of ~~Messrs.~~August ~~P. Y. Cheung & Co.~~31, a2021 ~~law firm in Hong Kong focusing on commercial & company law~~ and ~~civil~~2020, &respectively, ~~criminal~~were ~~litigations.~~payable ~~Bon admitted~~ to ~~practice~~High asFlyers aInfo ~~solicitor in Hong Kong in 2014~~Limited. ~~Other than being a legal practitioner, He was a software engineer with experience on computer software programming, computer system design and project management.~~

~~Alan Wong appointed as our non-executive director on July 15, 2019~~8. HeSEGMENT is an independent non-executive director of each of TUS International Limited, Huisheng International Holding Limited and Tech Pro Technology Development Limited, all of which are companies listed on The Stock Exchange of Hong Kong Limited. Alan had been working with various accounting firms and commercial companies for about 20 years of working experience and was responsible for works related to financial management, taxation, audit and non-audit services.INFORMATION

~~Siu Nam Hau appointed as~~The ~~our~~Company’s ~~non-executive~~segments ~~director~~are onbusiness ~~September~~units ~~26,~~that ~~2019.~~offer ~~Hau~~different ~~was~~products ~~educated in Hong Kong with over 20 years of experience in finance, direct investment~~ and ~~provision of consultancy~~ services for large multinational companies. At present, he is developing the Vietnamese market. Over the past years, Hau has completed the following projects associated with Vietnam: (i) joined with Sumitomo Corporation and ~~introduce~~are ~~Honda~~reviewed ~~motorcycles~~separately toby ~~Vietnam; (ii) discussed with~~ the chief ~~of the Central Bank of Vietnam~~operating todecision ~~explore~~maker (the ~~establishment~~“CODM”), ofor the ~~Vietnam~~decision-making ~~Stock~~group, ~~Exchange;~~in ~~(iii)~~deciding ~~assisted~~how ~~JP Morgan~~ to ~~establish~~allocate aresources ~~Vietnamese~~and ~~bond~~in ~~market;~~assessing ~~(iv)~~performance. ~~established~~The anCompany’s ~~office~~CODM ~~with~~is the ~~state-owned~~Company’s ~~Beijing~~Chief ~~Foreign~~Executive ~~Trade in Ho Chi Minh City; (v) acquisition of Vietnam Pacific Airlines with AVIC Group~~Officer.

Brian Wong appointed as our chief executive officer on July 15, 2019. He is the director and chief financial officer of Murchison Holdings Limited and Quest Investments Limited. Brian has held senior management roles of Quest and Murchison since 2004. Brian has over 30 years’ working experience in banking, equities market and corporate finance including at Hang Seng Bank Limited and Citibank Investment Banking Group.

For the year ended August 31, 2021	Money lending			Property agency services			Mortgage referral services			Corporate unallocated (note)			Consolidated
Revenue	$	-		$	3,385		$	216,317		$	-		$	219,702
Cost of revenue		-			(1,523	)		(204,400	)		-			(205,923	)
Gross profit		-			1,862			11,917			-			13,779
General and administrative expense		(82,704	)		-			(85,705	)		(114,906	)		(283,315	)
Profit (loss) from operations		(82,704	)		1,862			(73,788	)		(114,906	)		(269,536	)
Other income		-			-			-			2,674			2,674
Profit (loss) before income tax		(82,704	)		1,862			(73,788	)		(112,232	)		(266,862	)
Income tax		-			-			-			-			-
Net profit (loss)		(82,704	)		1,862			(73,788	)		(112,232	)		(266,862	)
As of August 31, 2021
Total assets		155			2,111			49,340			303			51,509

~~Brian Chan appointed as our chief financial officer on July 15, 2019. He is the brother of Roy Chan, the Co~~F-founder of JTI Financial Services Group Limited. Brian has held senior role of the Group since 2011. Before joining JTI Group, Brian has over 10 years’ working experience in renowned certified public accounting firm as companies’ auditors.20

~~During the past ten years, all directors~~TEMIR ~~and executive officers have not been the subject to any of the following events:~~CORP.

~~1. Any bankruptcy~~NOTES ~~petition~~TO ~~filed~~THE byCONSOLIDATED orFINANCIAL ~~against any business of which all directors or executive officer either at the time of the bankruptcy or within two years prior to that time.~~STATEMENTS

~~2. Any conviction~~FOR inTHE aYEARS ~~criminal~~ENDED AUGUST ~~proceeding~~31, or2021 ~~being~~AND ~~subject to a pending criminal proceeding.~~2020

~~3. An order, judgment,~~(In or decree, not subsequently reversed, suspended or vacated, or any court of competent jurisdiction, permanently or temporarily enjoining, barring, suspending or otherwise limiting all directors involvement in any type of business, securities or banking activitiesU.S. dollars)

For the year ended August 31, 2020	Money lending			Property agency services			Mortgage referral services			Corporate unallocated (note)			Consolidated
Revenue	$	-		$	1,218		$	25,413		$	-		$	26,631
Cost of revenue		-			-			(2,371	)		-			(2,371	)
Gross profit		-			1,218			23,042			-			24,260
General and administrative expense		(133,368	)		(283	)		(4,230	)		(161,593	)		(299,474	)
Profit (Loss) from operations		(133,368	)		935			18,812			(161,593	)		(275,214	)
Other income		1,282			-			-			8,205			9,487
Profit (Loss) before income tax		(132,086	)		935			18,812			(153,388	)		(265,727	)
Income tax		-			634			-			-			634
Net profit (loss)		(132,086	)		1,569			18,812			(153,388	)		(265,093	)
As of August 31, 2020
Total assets		55			2,496			29			302			2,882

49. ~~Found~~COMMON by a court of competent jurisdiction (in a civil action), the Securities and Exchange Commission or the Commodity Future Trading Commission to have violated a federal or state securities or commodities law, and the judgment has not been reversed, suspended or vacated.STOCK

~~5. Was the subject~~The ofCompany ~~any~~was ~~order,~~incorporated ~~judgment~~in orthe ~~decree,~~State ~~not subsequently reversed, suspended or vacated,~~ of ~~any~~Nevada ~~Federal~~on orMay ~~State authority barring~~19, ~~suspending or~~2016 ~~otherwise~~with ~~limiting~~an ~~for~~authorized ~~more~~share ~~than~~capital ~~60 days the right to engage in any activity described in paragraph (f)(3)(i)~~ of ~~this section~~75, or000,000 toshares beof ~~associated~~common stock with ~~persons~~a ~~engaged~~par invalue ~~any~~of ~~such~~$0.001 ~~activity;~~per share.

6.On May ~~Was~~20, ~~found~~2021, bythe Company, Hainan Qicheng Asset Management Joint Stock Company (“Hainan”) and Temir Logistics entered into a sale and purchase agreement (“SPA”), whereby the Company shall issue 930,233 shares of the Company at a price of $21.5 ~~court~~per share, valued at $20,000,000 or in exchange of ~~competent~~10% ~~jurisdiction~~shareholding in Bac Giang International Logistics Co., Ltd. Bac Giang is a ~~civil~~company incorporated ~~action~~in orthe bySocialist Republic of Vietnam, the ~~Commission~~principal business of which is to ~~have~~build ~~violated~~and ~~any~~run ~~Federal~~a ormodern ~~State~~international ~~securities~~logistics park ~~law~~in Bac Giang Province, ~~and the~~Vietnam. ~~judgment~~930,233 inshares ~~such~~of ~~civil~~the ~~action~~Company orwere ~~finding~~issued byto the ~~Commission~~nominee ~~has~~of ~~not~~Hainan ~~been~~on ~~subsequently~~June ~~reversed~~8, ~~suspended~~2021. Based on the SPA, or930,233 ~~vacated;~~shares were issued within one month from the signing date of SPA. The transfer of shares of Bac Giang will be completed within 3 years from the date of SPA.

7.On August ~~Was~~25, 2021, the ~~subject of~~Company, orHainan and Temir Logistics entered into a ~~party~~SPA Termination agreement (“termination agreement”) to, ~~any~~terminate ~~Federal~~all orof ~~State~~the ~~judicial~~rights orand ~~administrative~~obligation ~~order,~~of ~~judgment,~~the ~~decree,~~SPA orentered ~~finding~~on May 20, ~~not~~2021 ~~subsequently~~and ~~reversed, suspended~~to orcancel ~~vacated~~the 930,233 ~~relating~~shares issued to anthe ~~alleged~~nominee. 930,233 ~~violation~~shares ~~of:~~were cancelled on September 16, 2021

i10. ~~Any~~COMMITMENTS ~~Federal~~AND ~~or State securities or commodities law or regulation; or~~CONTINGENCIES

ii. Any law or regulation respecting financial institutions or insurance companies including, but not limited to, a temporary or permanent injunction, order of disgorgement or restitution, civil money penalty or temporary or permanent cease-and-desist order, or removal or prohibition order; orLease Commitments

~~iii.~~The Company ~~Any~~as ~~law or regulation prohibiting mail or wire fraud or fraud in connection with any business entity; or~~lessee

~~8. Was the subject~~The ~~of,~~Company’s orrental aexpense ~~party~~was to$72,000 ~~any~~and ~~sanction~~nil orfor ~~order, not subsequently reversed, suspended or vacated, of any self-regulatory organization (as defined in Section 3(a)(26) of~~ the ~~Exchange~~years ~~Act~~ended ~~(15~~August ~~U.S.C. 78c(a)(26)))~~31, ~~any~~2021 ~~registered~~and ~~entity (as defined in Section 1(a)(29) of the Commodity Exchange Act (7 U.S.C. 1(a)(29)))~~2020, ~~or any equivalent exchange, association, entity or organization that has disciplinary authority over its members or persons associated with a member~~respectively.

~~Code~~On August 20, 2020, the Company has entered into a sub-lease agreement with Century Crown Investments Limited for office space in Hong Kong for the period of ~~Ethics~~one year from September 1, 2020 at $6,000 per month. For the year ended August 31, 2021, the Company recorded $72,000 rental payable to Century Crown Investments Limited.

~~Because the Company has a small number~~On ofAugust ~~persons~~20, ~~serving~~2021, asthe ~~directors~~Company ~~and~~renewed ~~executive~~the ~~officers,~~sub-lease weagreement ~~have~~with ~~not~~Century ~~adopted~~Crown aInvestments ~~code~~Limited ~~of ethics~~ for ~~our~~office ~~principal~~space ~~executive and financial officers. Our Board will revisit this issue~~ in ~~the~~Hong ~~future~~Kong ~~to determine if, and when, adoption of a code of ethics is appropriate.~~for Inanother ~~the~~year ~~meantime,~~from ~~our~~September ~~management intends to promote honest and ethical conduct~~1, ~~full~~2021 ~~and~~at ~~fair disclosure in our reports to the SEC~~$6, ~~and~~000 ~~comply~~per ~~with applicable governmental laws and regulations~~month.

~~Section 16(a)~~As of ~~Beneficial~~August ~~Ownership~~31, ~~Reporting~~2021, ~~Compliance~~the outstanding lease is short-term lease. The total minimum future lease payments are $72,000 payable in the twelve months ending August 31, 2022.

Section 16(a) of the Securities Exchange Act of 1934, requires our directors, executive officers and persons who own more than 10% of our common stock to file with the SEC initial reports of ownership and reports of changes in ownership of common stock and other of our equity securities. No officer or director was delinquent in filing reports pursuant to Section 16(a).F-21

~~COMMITTEE~~TEMIR CORP.

~~We do not have an audit committee financial~~NOTES ~~expert.~~TO WeTHE doCONSOLIDATED ~~not~~FINANCIAL ~~have an audit committee financial expert because we believe the cost related to retaining a financial expert at this time is prohibitive.~~STATEMENTS

~~SIGNIFICANT~~FOR THE ~~EMPLOYEES~~YEARS ENDED AUGUST 31, 2021 AND 2020

~~Other than our directors and executive~~(In ~~officers, we do not expect any other individuals to make a significant contribution to our business~~U.S. dollars)

~~ITEM~~ 11. ~~EXECUTIVE~~SIGNIFICANT ~~COMPENSATION~~RISKS

~~The following tables set forth certain~~Credit ~~information about compensation paid, earned or accrued for services by our Executive Officer for the years ended August 31, 2020 and August 31, 2019:~~risk

~~Summary~~Credit risk ~~Compensation~~is ~~Table~~one of the most significant risks for the Company’s business and arise principally in lending activities.

Name and Principal Position	Year	Salary ($)		Fee ($)		Stock Awards ($)*		Option Awards ($)*		Non-Equity Incentive Plan Compensation ($)		Nonqualified Deferred Compensation ($)		All Other Compensation ($)		Total ($)
Roy Kong Hoi Chan,	2020		-		123,077		-0-		-0-		-0-		-0-		-0-		123,077
President (1)	2019		-		123,077		-0-		-0-		-0-		-0-		-0-		123,077

Credit risk is controlled by the application of credit approvals, limits and monitoring procedures. The Company manages credit risk through in-house research and analysis of the economy primarily in Hong Kong and the underlying obligors and transaction structures. To minimize credit risk, the Company requires collateral in the form of rights to cash, securities or property and equipment.

~~(1)~~The Company Onconducts ~~July~~credit 6,evaluations ~~2020,~~of wecustomers ~~acquired~~and ~~JTI~~generally indoes anot ~~reverse~~require ~~acquisition~~collateral ~~transaction~~or ~~that was structured as a share exchange. The annual, long term and~~ other ~~compensation~~security ~~shown in this table include the amounts that received~~ from ~~JTI and / or~~ its ~~subsidiaries prior to the consummation of the reverse acquisition~~customers.

21Liquidity risk

~~There~~The Company ~~has~~is ~~been~~also noexposed ~~compensation awarded~~ to, ~~earned~~liquidity ~~by,~~risk orwhich ~~paid~~is risk that it is unable to ~~the~~provide ~~executive~~sufficient ~~officers~~capital byresources ~~any~~and ~~person~~liquidity ~~for~~to ~~services~~meet its ~~rendered~~commitments inand ~~all~~business ~~capacities~~needs. toLiquidity usrisk ~~for~~is controlled by the ~~fiscal~~application ~~period ended~~of ~~August~~financial ~~31,~~position ~~2020~~analysis and ~~2019~~monitoring ~~except~~procedures. When ~~for~~necessary, the ~~above,~~Company ~~and~~will ~~through~~turn to other financial institutions and the ~~date~~owners ofto ~~filing~~obtain ofshort-term ~~this~~funding ~~Annual~~to ~~Report~~meet the liquidity shortage.

~~Option Grants~~Concentration risk

~~There~~For all ~~has~~the ~~been~~periods nopresented, ~~stock~~all ~~option~~of ~~grants and compensation for~~ the ~~fiscal~~Company’s ~~year~~assets ~~ended~~were ~~August~~located ~~31,~~in ~~2020~~Hong ~~and 2019~~Kong.

~~Option~~One customer ~~Exercises~~accounted ~~and~~for ~~Fiscal~~all ~~Year-End Option~~of ~~Value~~the ~~Table~~Company’s income from property agency services for the year ended August 31, 2021 and 2020.

~~There~~Four customers ~~were~~accounted nofor ~~stock~~100% ~~options~~(47%, ~~exercised~~22%, by 20% and 11%) of the ~~named~~Company’s ~~executive~~income ~~officers~~from asmortgage ofreferral services for the ~~end~~year ended August 31, 2021. Four customers accounted for all (40%, 30%, 20% and 10%) of the ~~fiscal~~Company’s ~~period~~income from mortgage referral services for the year ended August 31, 2020 ~~and 2019~~.

~~Long-Term~~Two customers ~~Incentive~~accounted ~~Plans~~for 100% (57% and ~~Awards~~43%) of the Company’s accounts receivable as of August 31, 2021. There was no accounts receivable as of August 31, 2020.

~~There~~Two suppliers ~~were~~accounted nofor ~~awards~~95% ~~made~~(70% toand a25%) ~~named~~of ~~executive officer,~~the ~~under~~Company’s ~~any~~cost ~~long-term~~of ~~incentive~~revenue ~~plan~~for the year ended August 31, as2021. One supplier accounted for 100% of the ~~end~~Company’s cost of ~~the~~revenue ~~fiscal~~for ~~period~~the year ended August 31, 2020 ~~and 2019~~.

~~Other~~Two suppliers ~~Compensation~~accounted for 98% (55% and 43%) of the Company’s accounts payable as of August 31, 2021 and one supplier accounted for all of the Company’s accounts payable as of August 31, 2020.

~~There~~12. ~~are~~SUBSEQUENT no annuity, pension or retirement benefits proposed to be paid to officers, directors, or employees of our company in the event of retirement at normal retirement date as there was no existing plan as of the end of the fiscal year ended August 31, 2020 and 2019, and through the date of filing of this Form 8-K, provided for or contributed to by our company.EVENTS

~~ITEM~~The Company ~~12.~~performed ~~SECURITY~~an ~~OWNERSHIP~~evaluation OFof ~~CERTAIN~~subsequent events through the date of filing of these consolidated financial statements with the SEC. ~~BENEFICIAL~~Other ~~OWNERS~~than ~~AND~~those ~~MANAGEMENT~~matters ~~AND~~described ~~RELATED~~in ~~STOCKHOLDER~~note ~~MATTERS~~9, there were no material subsequent events which affected, or could affect, the amounts or disclosures in the consolidated financial statements

The following table sets forth information as of December 12, 2020 regarding the ownership of our common stock by each shareholder known by us to be the beneficial owner of more than five percent of our outstanding shares of common stock, each director and all executive officers and directors as a group. Except as otherwise indicated, each of the shareholders has sole voting and investment power with respect to the shares of common stock beneficially owned.F-22

Name and Address of Beneficial Owner (5)	Amount and Nature of Beneficial Ownership		Percentage of Common Stock (1)
Roy Kong Hoi Chan (2&6)		629,350		9.40	%
Brian Hung Ngok Wong (3)		244,630		3.66	%
Mark Ko Chiu Yip (4)		1,250			*
All officers and directors as a group (3 persons named above)		875,230		13.08	%
Ace Vantage Investments Limited (6)		4,118,182		61.54	%
Total		4,993,412		74.62	%

ITEM 9. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE

*On ~~Denotes~~January ~~less~~14, ~~than~~2020, 1%the Board of directors of the ~~outstanding~~Company ~~shares~~decided to terminate the appointment of ~~Common~~Michael ~~Stock~~Gillespie & Associates, PLLC as the auditor of the Company and appointed Centurion ZD CPA & Co as our independent registered public accounting firm, effective immediately.

~~Notes:~~The disclosure required under this section was previously reported as such term is defined in Rule 12b-2 under the Securities Exchange Act of 1934, as amended, on a current report on Form 8-K filed with the Securities and Exchange Commission on January 15, 2020.

~~(1)~~ITEM ~~After~~9A. ~~completion~~CONTROLS ofAND ~~the acquisition of JTI, we had 6,692,182 shares of common stock outstanding.~~PROCEDURES

~~(2)~~Evaluation ~~Appointed~~of ~~President,~~Disclosure ~~director~~Controls and ~~Chairman of the Board of Directors, on July 15, 2019.~~Procedures

We maintain disclosure controls and procedures, as defined in Rule 13a-15(3e) ~~Appointed~~promulgated under the Securities Exchange Act of 1934 (the “Exchange Act”), that are designed to ensure that information required to be disclosed by us in the reports that we file or submit 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 and that such information is accumulated and communicated to our management, including our Chief Executive Officer onand ~~July~~Chief 15Financial Officer, ~~2019~~as appropriate to allow timely decisions regarding required disclosure. In designing and evaluating our disclosure controls and procedures, management recognizes that any controls and procedures, no matter how well designed and operated, can provide only reasonable assurance of achieving the desired control objectives, and management is required to apply its judgment in evaluating and implementing possible controls and procedures.

~~(4)~~Management ~~Appointed~~conducted ~~director~~its onevaluation ~~July~~of 15disclosure controls and procedures under the supervision of our Chief Executive Officer and our Interim Chief Financial Officer. Based upon, ~~2019~~and as of the date of this evaluation, our Chief Executive Officer and Interim Chief Financial Officer concluded that our disclosure controls and procedures were not effective as of August 31, 2021 due to the material weaknesses in our internal control over financial reporting, which are described below.

~~(5)~~Management’s ~~Unless~~Report ~~otherwise~~on ~~noted,~~Internal ~~the~~Control Over ~~address~~Financial ~~of each person listed is c/o JTI, Suite 1802-03, 18/F, Strand 50, 50 Bonham Strand, Sheung Wan, Hong Kong.~~Reporting

~~(6)~~Management ~~Roy~~is ~~Kong~~responsible ~~Hoi~~for ~~Chan~~establishing &and maintaining ~~Hip~~adequate ~~Fong~~internal ~~Chan~~control ~~each~~over ~~owns~~financial ~~50%~~reporting, ~~equity~~as ~~interest~~defined ofin ~~Ace~~Exchange ~~Vantage~~Act ~~Investments~~Rule ~~Limited~~13a-15(f). ~~Roy~~The ~~Kong~~Company’s ~~Hoi~~internal control ~~Chan~~over financial reporting is a process designed to provide reasonable assurance regarding the ~~son~~reliability of ~~Hip~~financial ~~Fong~~reporting and ~~Chan~~the preparation of financial statements for external purposes in accordance with accounting principles generally accepted in the United States of America.

~~ITEM~~Because 13of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. ~~CERTAIN~~Also, ~~RELATIONSHIPS~~projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, ~~RELATED~~or ~~TRANSACTIONS~~that ~~AND~~the ~~DIRECTOR~~degree of compliance ~~INDEPENDENCE~~with the policies or procedures may deteriorate.

~~For~~Under the ~~year~~supervision ~~ended~~and ~~August~~with ~~31,~~the ~~2020~~participation of management, weincluding ~~paid~~the ~~$2,371~~Chief ~~(HK$18~~Executive Officer and Interim Chief Financial Officer,~~494)~~ ~~services~~the ~~fees~~Company toconducted ~~High~~an ~~Flyers~~evaluation ~~Info~~of ~~Limited,~~the ~~which~~effectiveness of ~~our~~the ~~executive~~Company’s ~~director~~internal ~~Mark~~control Koover ~~Chiu~~financial ~~Yip~~reporting ~~was~~as aof ~~director~~August 31, 2021, using the criteria established in “Internal ofControl ~~High~~- ~~Flyers~~Integrated ~~Info~~Framework” ~~Limited~~issued ~~for~~by the ~~period~~Committee ~~from~~of ~~May~~Sponsoring 7,Organizations ~~2020~~of tothe ~~September~~Treadway ~~15,~~Commission ~~2020~~(“COSO”) (2013 framework).

~~Board~~A ~~Independence~~material weakness is a deficiency, or combination of deficiencies, in internal control over financial reporting, such that there is a reasonable possibility that a material misstatement of the Company’s annual or interim financial statements will not be prevented or detected on a timely basis.

As of the date of this Annual Report, Bon Pok Yin Cheung, Alan Yuk Lun Wong and Siu Nam Hau are the only directors of the Company who are independent under the independence requirements of Rule 10A-3 promulgated under the Securities Exchange Act of 1934. This rule defines persons as “independent” who are neither officers nor employees of the company and have no relationships that, in the opinion of the Board, would interfere with the exercise of independent judgment in carrying out their responsibilities as directors.25

22Based on our assessment, as a result of the material weaknesses described below, our Chief Executive Officer and Chief Financial Officer determined that, as of August 31, 2021, our internal control over financial reporting was not effective because of the following material weaknesses in our internal control over financial reporting has been identified.

~~ITEM~~1. 14We do not have an Audit Committee – While not being legally obligated to have an audit committee, it is the management’s view that such a committee, including a financial expert member, is of the utmost importance for entity-level control over the Company’s financial statement. ~~PRINCIPAL~~Currently, ~~ACCOUNTANT~~the ~~FEES~~Board ~~AND~~of ~~SERVICES~~Directors acts in the capacity of the Audit Committee.

~~The~~2. ~~following~~We ~~table~~currently ~~represents~~lack ~~fees~~sufficient ~~billed for~~accounting ~~each~~personnel ofwith the ~~last~~appropriate ~~two~~level ~~fiscal~~of ~~years~~knowledge, ~~for~~experience ~~professional~~and ~~audit~~training ~~services~~in ~~rendered~~U.S. byGAAP ~~our~~and ~~independent~~SEC ~~registered~~reporting ~~public accounting firm:~~requirements.

		2020		2019
	3.	We did not maintain appropriate cash controls – As of August 31, 2021, the Company had not maintained sufficient internal controls over financial reporting for the cash process, including failure to segregate cash handling and accounting functions. However, the Company maintained controls on dual signature on the Company’s bank accounts. However, the effects of poor cash controls were mitigated in part by the fact that the Company had limited transactions in their bank accounts.
Audit fees(1)		$	99,000	$	8,300
	4.	We did not implement appropriate information technology controls – As of August 31, 2021, the Company was retaining copies of all financial data and material agreements; however there is no formal procedure or evidence of normal backup of the Company’s data or off-site storage of the data in the event of theft, misplacement, or loss due to unmitigated factors.
Audit-related fees			-		-
Tax fees			-		-
All other fees			-		-
Total		$	99,000	$	8,300

~~(1)~~Notwithstanding ~~“Audit~~these ~~Fees”~~material ~~consisted~~weaknesses, ofhowever, management ~~the~~has ~~aggregate~~concluded ~~fees~~that ~~billed for professional services rendered for~~ the ~~audit~~consolidated ~~of our annual~~ financial statements ~~and the reviews of the financial statements~~ included in ~~our~~this ~~Forms~~Annual ~~10-Q~~Report ~~and~~present ~~for~~fairly, ~~any other services that were normally provided~~ in ~~connection~~all ~~with~~material ~~our statutory and regulatory filings or engagements. The audit fees of $99~~respects,~~000 for the year ended August 31, 2020 was billed by Centurion ZD CPA & Co.,~~ our ~~current~~financial ~~independent registered public accounting firm~~position, ~~for~~results ~~professional~~of ~~services~~operations ~~rendered for the integrated audits~~ and ~~review~~cash offlows ~~our financial statements. The audit fees of $8,300~~ for the ~~year~~periods ~~ended~~presented ~~August~~in ~~31,~~conformity ~~2019~~with ~~was~~U.S. ~~billed by Michael Gillespie & Associates, PLLC, our predecessor auditor, for professional services rendered for the integrated audits and review of our financial statements~~GAAP.

~~Audit-related~~Continuing ~~fees~~ Remediation Efforts to address deficiencies in Company’s Internal Control over Financial Reporting

~~There~~We ~~were~~plan noto ~~fees~~take ~~were~~steps ~~billed~~to orremediate ~~incurred~~these material ~~for~~weaknesses ~~assurance~~as orsoon ~~related~~as ~~services~~practicable by ~~our~~implementing ~~auditors~~a ~~that~~plan ~~were~~to ~~reasonably~~improve ~~related~~our tointernal ~~the~~control ~~audit~~over orfinancial ~~review~~reporting ofincluding, ~~financial~~but ~~statements~~not ~~reported~~limited ~~above.~~to:

~~Tax~~- ~~fees~~Create a position to segregate duties consistent with control objectives and increase our personnel resources and technical accounting expertise within the accounting function when funds are available to us.

~~There~~- ~~were~~Prepare nowritten ~~tax~~policies ~~preparation~~and ~~fees billed~~procedures for ~~the~~accounting ~~Annual~~and ~~Period~~financial reporting to establish a formal process to close our books monthly on an accrual basis and account for all transactions, including equity and debt transactions, in a timely manner.

~~All~~- ~~other~~Add ~~fees~~staff members to our management team to make sure that information required to be disclosed in our reports filed and submitted under the Exchange Act is recorded, processed, summarized and reported as and when required and the staff members will have segregated responsibilities with regard to these responsibilities.

~~There~~Changes ~~were~~in noInternal ~~other~~Control ~~fees~~over ~~were billed or~~Financial incurred for services by our auditors other than the fees noted above. Our board, acting as an audit committee, deemed the fees charged to be compatible with maintenance of the independence of our auditors.Reporting

~~Audit~~Except ~~Committee’s~~for the ~~Pre-Approval~~matters described above, there were no changes in our internal controls over financial reporting during the fourth quarter of our ~~Process~~fiscal year ended August 31, 2021 that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.

~~The~~This ~~Company~~Annual Report does not ~~have~~include aan ~~standing~~attestation report ~~audit~~of the Company’s registered public accounting firm regarding internal control over financial reporting. Management’s ~~committee~~report orwas anot ~~committee~~subject ~~performing~~to ~~similar~~attestation ~~functions~~by the Company’s registered public accounting firm pursuant to the rules of the SEC that permit the Company to provide only management’s report in this annual report.

23ITEM 9B. OTHER INFORMATION

~~PART IV~~None.

ITEM 159C. ~~EXHIBITS~~DISCLOSURE ~~AND~~REGARDING ~~FINANCIAL~~FOREIGN ~~STATEMENT~~JURISDICTIONS ~~SCHEDULES~~THAT PREVENT INSPECTIONS

~~The following exhibits are filed as part of this Form 10-K:~~None.

~~(a) Financial Statements~~26

1.	Index to Consolidated Financial Statements:
	Report of Centurion ZD CPA & Co., Independent Registered Public Accounting Firm
	Consolidated Balance Sheets as of August 31, 2020 and 2019
	Consolidated Statements of Operations and Comprehensive Income (Loss) for the years ended August 31, 2020 and 2019
	Consolidated Statements of Changes in Stockholders’ Equity for the years ended August 31, 2020 and 2019
	Consolidated Statements of Cash Flows for the years ended August 31, 2020 and 2019
	Notes to Consolidated Financial Statements

PART III

2ITEM 10. ~~Financial~~DIRECTORS, ~~Statement~~EXECUTIVE ~~Schedules~~OFFICERS, PROMOTERS AND CONTROL PERSONS OF THE COMPANY

All schedules have been omitted because they are not required, not applicable, not present in amounts sufficient to require submission of the schedule, or the required information is otherwise included

Name of Executive Officer and/or Director	Age	Position
Roy Kong Hoi Chan	43	Executive director and President
Alex Kwok Fai Yuen	42	Executive director and Secretary
Mark Ko Chiu Yip	39	Executive director
Bon Pok Yin Cheung	43	Independent non-executive director
Alan Yuk Lun Wong	47	Independent non-executive director
Siu Nam Hau	50	Independent non-executive director
Brian Hung Ngok Wong	55	Chief Executive Officer
Brian Kong Wai Chan	41	Chief Financial Officer

~~(b)~~Roy ~~Exhibits:~~Chan appointed as our President on July 15, 2019. Roy is the founder of JTI Securities Limited and JTI Financial Services Group Limited. He has held senior management roles of JTI since 2011. Prior to joining JTI group, He has over 10 years’ working experience in banking and finance sectors.

7.1	Sale and purchase agreement, dated April 2, 2020, by and among JTI Financial Services Group Limited, a Hong Kong corporation, and the list of subsidiaries of JTI Financial Services Group Limited
7.2	Supplemented by the Amendment, dated April 29, 2020
7.3	Supplemented by the Second Amendment, dated June 30, 2020
7.4	Supplemented by the ThirdAmendment, dated June 30, 2020
31.1	Certification of Chief Executive Officer and Chief Financial Officer pursuant to Securities Exchange Act of 1934 Rule 13a-14(a) or 15d-14(a)
32.1	Certifications pursuant to Securities Exchange Act of 1934 Rule 13a-14(b) or 15d-14(b) and 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes- Oxley Act of 2002
101.INS	XBRL Instance Document
101.SCH	XBRL Taxonomy Extension Schema Document
101.CAL	XBRL Taxonomy Extension Calculation Linkbase Document
101.DEF	XBRL Taxonomy Extension Definition Document
101.LAB	XBRL Taxonomy Extension Label Linkbase Document
101.PRE	XBRL Taxonomy Extension Presentation Linkbase Document

Alex Yuen appointed as our executive director on July 15, 2019. Alex is a sole owner of professional consultancy firm which provide corporate advisory services. He started his career at Deloitte Touche Tohmatsu and has been focusing on risk management and regulatory compliance for more than 10 years. Alex is an expert in corporate governance, anti-money laundering and regulatory compliance. Others than Deloitte, he worked at different financial institutions as compliance and risk experts, including asset management firms, securities brokerage firms, private banks and investment banks.

24Mark Yip appointed as our independent non-executive director on July 15, 2019 and re-designated as executive director on September 26, 2019. He was the general manager of Cybernetics Property Mortgage Limited since 2013. Mark is a specialist on mortgage and personal loan consulting services with over 11 years’ experience. Mark has good business relationship with banks and property agencies in Hong Kong. Before he took the senior management role in Cybernetics, he held executive position in mReferral Corporation (HK) Limited.

~~SIGNATURES~~Bon Cheung appointed as our non-executive director on July 15, 2019. He is the founder and principal solicitor of Messrs. P. Y. Cheung & Co., a law firm in Hong Kong focusing on commercial & company law and civil & criminal litigations. Bon admitted to practice as a solicitor in Hong Kong in 2014. Other than being a legal practitioner, He was a software engineer with experience on computer software programming, computer system design and project management.

InAlan ~~accordance~~Wong ~~with~~appointed ~~the~~as ~~requirements~~our ofnon-executive ~~the~~director ~~Exchange~~on ~~Act~~July 15, ~~the~~2019. ~~registrant~~He ~~caused~~is ~~this~~an ~~report~~independent tonon-executive bedirector ~~signed~~of each of TUS International Limited, Huisheng International Holding Limited and Tech Pro Technology Development Limited, all of which are companies listed on ~~its~~The ~~behalf~~Stock byExchange ~~the~~of ~~undersigned~~Hong Kong Limited. Alan had been working with various accounting firms and commercial companies for about 20 years of working experience and was responsible for works related to financial management, ~~thereunto~~taxation, ~~duly~~audit ~~authorized~~and non-audit services.

	TEMIR CORP.
Dated: December 15, 2020	By:	/s/ Roy Chan
		Roy Chan, President

Siu Nam Hau appointed as our non-executive director on September 26, 2019. Hau was educated in Hong Kong with over 20 years of experience in finance, direct investment and provision of consultancy services for large multinational companies. At present, he is developing the Vietnamese market. Over the past years, Hau has completed the following projects associated with Vietnam: (i) joined with Sumitomo Corporation and introduce Honda motorcycles to Vietnam; (ii) discussed with the chief of the Central Bank of Vietnam to explore the establishment of the Vietnam Stock Exchange; (iii) assisted JP Morgan to establish a Vietnamese bond market; (iv) established an office with the state-owned Beijing Foreign Trade in Ho Chi Minh City; (v) acquisition of Vietnam Pacific Airlines with AVIC Group.

25Brian Wong appointed as our chief executive officer on July 15, 2019. He is the director and chief financial officer of Murchison Holdings Limited and Quest Investments Limited. Brian has held senior management roles of Quest and Murchison since 2004. Brian has over 30 years’ working experience in banking, equities market and corporate finance including at Hang Seng Bank Limited and Citibank Investment Banking Group.

Brian Chan appointed as our chief financial officer on July 15, 2019. He is the brother of Roy Chan, the Co-founder of JTI Financial Services Group Limited. Brian has held senior role of the Group since 2011. Before joining JTI Group, Brian has over 10 years’ working experience in renowned certified public accounting firm as companies’ auditors.

During the past ten years, all directors and executive officers have not been the subject to any of the following events:

1. Any bankruptcy petition filed by or against any business of which all directors or executive officer either at the time of the bankruptcy or within two years prior to that time.

2. Any conviction in a criminal proceeding or being subject to a pending criminal proceeding.

3. An order, judgment, or decree, not subsequently reversed, suspended or vacated, or any court of competent jurisdiction, permanently or temporarily enjoining, barring, suspending or otherwise limiting all directors involvement in any type of business, securities or banking activities.

4. Found by a court of competent jurisdiction (in a civil action), the Securities and Exchange Commission or the Commodity Future Trading Commission to have violated a federal or state securities or commodities law, and the judgment has not been reversed, suspended or vacated.

5. Was the subject of any order, judgment or decree, not subsequently reversed, suspended or vacated, of any Federal or State authority barring, suspending or otherwise limiting for more than 60 days the right to engage in any activity described in paragraph (f)(3)(i) of this section, or to be associated with persons engaged in any such activity;

6. Was found by a court of competent jurisdiction in a civil action or by the Commission to have violated any Federal or State securities law, and the judgment in such civil action or finding by the Commission has not been subsequently reversed, suspended, or vacated;

7. Was the subject of, or a party to, any Federal or State judicial or administrative order, judgment, decree, or finding, not subsequently reversed, suspended or vacated, relating to an alleged violation of:

Any Federal or State securities or commodities law or regulation; or

ii.

Any law or regulation respecting financial institutions or insurance companies including, but not limited to, a temporary or permanent injunction, order of disgorgement or restitution, civil money penalty or temporary or permanent cease-and-desist order, or removal or prohibition order; or

iii.

Any law or regulation prohibiting mail or wire fraud or fraud in connection with any business entity; or

8. Was the subject of, or a party to, any sanction or order, not subsequently reversed, suspended or vacated, of any self-regulatory organization (as defined in Section 3(a)(26) of the Exchange Act (15 U.S.C. 78c(a)(26))), any registered entity (as defined in Section 1(a)(29) of the Commodity Exchange Act (7 U.S.C. 1(a)(29))), or any equivalent exchange, association, entity or organization that has disciplinary authority over its members or persons associated with a member.

Code of Ethics

Because the Company has a small number of persons serving as directors and executive officers, we have not adopted a code of ethics for our principal executive and financial officers. Our Board will revisit this issue in the future to determine if, and when, adoption of a code of ethics is appropriate. In the meantime, our management intends to promote honest and ethical conduct, full and fair disclosure in our reports to the SEC, and comply with applicable governmental laws and regulations.

Section 16(a) Beneficial Ownership Reporting Compliance

COMMITTEE

We do not have an audit committee financial expert. We do not have an audit committee financial expert because we believe the cost related to retaining a financial expert at this time is prohibitive.

SIGNIFICANT EMPLOYEES

Other than our directors and executive officers, we do not expect any other individuals to make a significant contribution to our business.

ITEM 11. EXECUTIVE COMPENSATION

The following tables set forth certain information about compensation paid, earned or accrued for services by our Executive Officer for the years ended August 31, 2021 and August 31, 2020:

Summary Compensation Table

Name and Principal Position	Year	Salary ($)		Fee ($)		Stock Awards ($)*		Option Awards ($)*		Non-Equity Incentive Plan Compensation ($)		Nonqualified Deferred Compensation ($)		All Other Compensation ($)		Total ($)

Roy Kong Hoi Chan,	2021		-		61,538		-0-		-0-		-0-		-0-		-0-		61,538
President (1)	2020		-		123,077		-0-		-0-		-0-		-0-		-0-		123,077

(1)	On July 6, 2020, we acquired JTI in a reverse acquisition transaction that was structured as a share exchange. The annual, long term and other compensation shown in this table include the amounts that received from JTI and / or its subsidiaries prior to the consummation of the reverse acquisition.

There has been no compensation awarded to, earned by, or paid to the executive officers by any person for services rendered in all capacities to us for the fiscal period ended August 31, 2021 and 2020 except for the above, and through the date of filing of this Annual Report.

Option Grants

There has been no stock option grants and compensation for the fiscal year ended August 31, 2021 and 2020.

Option Exercises and Fiscal Year-End Option Value Table

There were no stock options exercised by the named executive officers as of the end of the fiscal period ended August 31, 2021 and 2020.

Long-Term Incentive Plans and Awards

There were no awards made to a named executive officer, under any long-term incentive plan, as of the end of the fiscal period ended August 31, 2021 and 2020.

Other Compensation

There are no annuity, pension or retirement benefits proposed to be paid to officers, directors, or employees of our company in the event of retirement at normal retirement date as there was no existing plan as of the end of the fiscal year ended August 31, 2021 and 2020, and through the date of filing of this Form 8-K, provided for or contributed to by our company.

ITEM 12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS

The following table sets forth information as of December 9, 2021 regarding the ownership of our common stock by each shareholder known by us to be the beneficial owner of more than five percent of our outstanding shares of common stock, each director and all executive officers and directors as a group. Except as otherwise indicated, each of the shareholders has sole voting and investment power with respect to the shares of common stock beneficially owned.

Name and Address of Beneficial Owner (5)	Amount and Nature of Beneficial Ownership		Percentage of Common Stock (1)
Roy Kong Hoi Chan (2&6)		629,350		9.40	%
Brian Hung Ngok Wong (3)		244,630		3.66	%
Mark Ko Chiu Yip (4)		1,250		*
All officers and directors as a group (3 persons named above)		875,230		13.08	%

Ace Vantage Investments Limited (6)		4,118,182		61.54	%
Total		4,993,412		74.62	%

Denotes less than 1% of the outstanding shares of Common Stock.

Notes:

(1)

After completion of the acquisition of JTI, acquisition of Bac Giang and termination of Bac Giang, we had 6,692,182 shares of common stock outstanding.

(2)

Appointed President, director and Chairman of the Board of Directors, on July 15, 2019.

(3)

Appointed Chief Executive Officer on July 15, 2019.

(4)

Appointed director on July 15, 2019.

(5)

Unless otherwise noted, the address of each person listed is c/o JTI, Suite 1802-03, 18/F, Strand 50, 50 Bonham Strand, Sheung Wan, Hong Kong.

(6)

Roy Kong Hoi Chan & Hip Fong Chan each owns 50% equity interest of Ace Vantage Investments Limited. Roy Kong Hoi Chan is the son of Hip Fong Chan.

For the year ended August 31, 2021, we recorded $137,465 (HK$1,072,224) services fees to High Flyers Info Limited, which our executive director Mark Ko Chiu Yip was a director of High Flyers Info Limited for the period from May 7, 2020 to September 15, 2020. For the year ended August 31, 2020, we paid $2,371 (HK$18,494) services fees to High Flyers Info Limited.

Board Independence

ITEM 14. PRINCIPAL ACCOUNTANT FEES AND SERVICES

The following table represents fees billed for each of the last two fiscal years for professional audit services rendered by our independent registered public accounting firm:

	2021		2020

Audit fees⁽¹⁾	$	64,000	$	99,000
Audit-related fees		-		-
Tax fees		-		-
All other fees		-		-
Total	$	64,000	$	99,000

(1)

“Audit Fees” consisted of the aggregate fees billed for professional services rendered for the audit of our annual financial statements and the reviews of the financial statements included in our Forms 10-Q and for any other services that were normally provided in connection with our statutory and regulatory filings or engagements.

The audit fees of $64,000 and $99,000 for the years ended August 31, 2021 and August 31, 2020 respectively was billed by Centurion ZD CPA & Co., our current independent registered public accounting firm, for professional services rendered for the integrated audits and review of our financial statements.

Audit-related fees

There were no fees were billed or incurred for assurance or related services by our auditors that were reasonably related to the audit or review of financial statements reported above.

Tax fees

There were no tax preparation fees billed for the Annual Period.

All other fees

There were no other fees were billed or incurred for services by our auditors other than the fees noted above. Our board, acting as an audit committee, deemed the fees charged to be compatible with maintenance of the independence of our auditors.

Audit Committee’s Pre-Approval Process

The Company does not have a standing audit committee or a committee performing similar functions.

PART IV

ITEM 15. EXHIBITS AND FINANCIAL STATEMENT SCHEDULES

The following exhibits are filed as part of this Form 10-K:

(a)	Financial Statements

1.	Index to Consolidated Financial Statements:
	Report of Centurion ZD CPA & Co., Independent Registered Public Accounting Firm
	Consolidated Balance Sheets as of August 31, 2021 and 2020
	Consolidated Statements of Operations and Comprehensive Income (Loss) for the years ended August 31, 2021 and 2020
	Consolidated Statements of Changes in Stockholders’ Equity for the years ended August 31, 2021 and 2020
	Consolidated Statements of Cash Flows for the years ended August 31, 2021 and 2020
	Notes to Consolidated Financial Statements

2.	Financial Statement Schedules

(b)

Exhibits:

7.1		Sale and Purchase Agreement dated May 20, 2021 by and among Temir Corp., Hainan Qicheng Asset Management Joint Stock Company and Temir Logistics Industrial Park Limited (incorporated by reference to Exhibit 10.1 of the Form 8-K filed on May 25, 2021)
7.2		SPA Termination Agreement dated August 25, 2021 by and among Temir Corp., Hainan Qicheng Asset Management Joint Stock Company and Temir Logistics Industrial Park Limited (incorporated by reference to Exhibit 10.1 of the Form 8-K filed on August 31, 2021)
31.1		Certification of Chief Executive Officer and Chief Financial Officer pursuant to Securities Exchange Act of 1934 Rule 13a-14(a) or 15d-14(a)
32.1		Certifications pursuant to Securities Exchange Act of 1934 Rule 13a-14(b) or 15d-14(b) and 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes- Oxley Act of 2002
101.INS		XBRL Instance Document
101.SCH		XBRL Taxonomy Extension Schema Document
101.CAL		XBRL Taxonomy Extension Calculation Linkbase Document
101.DEF		XBRL Taxonomy Extension Definition Document
101.LAB		XBRL Taxonomy Extension Label Linkbase Document
101.PRE		XBRL Taxonomy Extension Presentation Linkbase Document

SIGNATURES

In accordance with the requirements of the Exchange Act, the registrant caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	TEMIR CORP.

Dated: December 14, 2021	By:	/s/ Roy Kong Hoi Chan
		Roy Kong Hoi Chan President

This report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated:

Signature	Title	Date

/s/ Roy Kong Hoi Chan	Executive director and President	December 14, 2021
Roy Kong Hoi Chan

/s/ Alex Kwok Fai Yuen	Executive director and Secretary	December 14, 2021
Alex Kwok Fai Yuen

/s/ Mark Ko Chiu Yip	Executive director	December 14, 2021
Mark Ko Chiu Yip

/s/ Bon Pok Yin Cheung	Independent non-executive director	December 14, 2021
Bon Pok Yin Cheung

/s/ Alan Yuk Lun Wong	Independent non-executive director	December 14, 2021
Alan Yuk Lun Wong

/s/ Siu Nam Hau	Independent non-executive director	December 14, 2021
Siu Nam Hau

/s/ Brian Hung Ngok Wong	Chief Executive Officer	December 14, 2021
Brian Hung Ngok Wong

/s/ Brian Kong Wai Chan	Chief Financial Officer	December 14, 2021
Brian Kong Wai Chan	(Principal Financial and Accounting Officer)

NONE On August 20, 2020, the Company has entered into a sub-lease agreement with Century Crown Investments Limited for office space in Hong Kong for the period of one year from September 1, 2020 at $6,000 per month. For the years ended August 31, 2021 and 2020, the Company recorded $72,000 and nil rental expenses to Century Crown Investments Limited, respectively. 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