UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 10-K

(Mark One)

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

for the fiscal year ended August 31, ~~2021~~2022

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

For the transaction period from ____ to ____

Commission File No. 333-21436

CHINA WUYI MOUNTAIN, LTD.
(Exact name of registrant as specified in its charter)

Nevada		81-3433108
(State or other jurisdictionof incorporation or organization)		(I.R.S. EmployerIdentification No.)
(State or other jurisdiction of incorporation or organization)		(I.R.S. Employer Identification No.)

~~1900~~B20 ~~Avenue~~1202, ofInternational ~~the~~Software ~~Stars~~Park, ~~Los~~Hunnan ~~Angeles~~New District, CAShenyang, ~~90067~~Liaoning, China

(Address of principal executive offices, Zip Code)

~~(310) 843~~+86-~~9300~~13252185999

(Registrant’s telephone number, including area code)

1900 Avenue of the Stars, Los Angeles, CA 90067

(Former address, if changed since last report)

State Agent and Transfer Syndicate Inc.

112 North Curry Street, Carson City, NV 89703-4934

1-800-253-1013

Name and address, including zip code and telephone number including area code, of agent for service)

Securities registered pursuant to Section 12(b) of the Exchange Act:

Common stock,

(Title of each class)

Indicate by check mark if 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 such shorter period that the registrant was 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 whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). ☐ Yes ☒ No

Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K (§ 229.405 of this chapter) is not contained herein, and will not be contained, to the best of registrant’s knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K. ☐ Yes ☐ No

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

Large accelerated filer ☐ Accelerated filer ☐ Non-accelerated ~~filer~~Filer ☐ Smaller reporting company ☒ (Do not check if a 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 13(a) of the Exchange Act. ☐

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

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

As of ~~September~~February 286, ~~2022~~2023, the Company has 85,600,000 shares of common stock issued and outstanding

CHINA WUYI MOUNTAIN, LTD.

TABLE OF CONTENTS

		Page
PART I		4
ITEM 1.	BUSINESS	4
ITEM 1A.	RISK FACTORS	56
ITEM 1B.	UNRESOLVED STAFF COMMENTS	56
ITEM 2.	PROPERTIES	56
ITEM 3.	LEGAL PROCEEDINGS	56
ITEM 4.	MINE SAFETY DISCLOSURES	56
PART II		67
ITEM 5.	MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES	67
ITEM 6.	SELECTED FINANCIAL DATA	67
ITEM 7.	MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS	68
ITEM 7A.	QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK	810
ITEM 8.	FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA	~~F-1~~10
ITEM 9.	CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE	911
ITEM 9A.	CONTROLS AND PROCEDURES	911
ITEM 9B.	OTHER INFORMATION	1012
PART III		1113
ITEM 10.	DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE	1113
ITEM 11.	EXECUTIVE COMPENSATION	1213
ITEM 12.	SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS	1415
ITEM 13.	CERTAIN RELATIONSHIP AND RELATED TRANSACTIONS, AND DIRECTOR INDEPENDENCE.	1517
ITEM 14.	PRINCIPAL ACCOUNTANT FEES AND SERVICES.	1517
PART IV		1618
ITEM 15.	EXHIBITS AND FINANCIAL STATEMENT SCHEDULES	1618
	SIGNATURES	1719

Table of Contents

Use of Certain Defined Terms

Except as otherwise indicated by the context, references in this report to “China WuYi Mountain, Ltd.”, “we,” “us,” “our,” “our Company,”

Forward-Looking Statements

This Annual Report on Form 10-K contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, or the Securities Act, and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). Forward-looking statements discuss matters that are not historical facts. Because they discuss future events or conditions, forward-looking statements may include words such as “anticipate,” “believe,” “estimate,” “intend,” “could,” “should,” “would,” “may,” “seek,” “plan,” “might,” “will,” “expect,” “anticipate,” “predict,” “project,” “forecast,” “potential,” “continue” negatives thereof or similar expressions. Forward-looking statements speak only as of the date they are made, are based on various underlying assumptions and current expectations about the future and are not guarantees. Such statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, level of activity, performance or achievement to be materially different from the results of operations or plans expressed or implied by such forward-looking statements.

We cannot predict all of the risks and uncertainties. Accordingly, such information should not be regarded as representations that the results or conditions described in such statements or that our objectives and plans will be achieved, and we do not assume any responsibility for the accuracy or completeness of any of these forward-looking statements. These forward-looking statements are found at various places throughout this Annual Report on Form 10-K and include information concerning possible or assumed future results of our operations, including statements about potential acquisition or merger targets; business strategies; future cash flows; financing plans; plans and objectives of management; any other statements regarding future acquisitions, future cash needs, future operations, business plans and future financial results, and any other statements that are not historical facts.

These forward-looking statements represent our intentions, plans, expectations, assumptions and beliefs about future events and are subject to risks, uncertainties and other factors. Many of those factors are outside of our control and could cause actual results to differ materially from the results expressed or implied by those forward-looking statements. In light of these risks, uncertainties and assumptions, the events described in the forward-looking statements might not occur or might occur to a different extent or at a different time than we have described. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of the Annual Report on Form 10-K. All subsequent written and oral forward-looking statements concerning other matters addressed in this Annual Report on Form 10-K and attributable to us or any person acting on our behalf are expressly qualified in their entirety by the cautionary statements contained or referred to in this Annual Report on Form 10-K.

Except to the extent required by law, we undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, a change in events, conditions, circumstances or assumptions underlying such statements, or otherwise.

Table of Contents

PART I

ITEM 1.

BUSINESS

Business Overview

We are an early-stage company with the intention to engage in the business of the production, distribution and marketing of bottled organic coconut water from bulk coconut water sourced from the Philippines and bottled in the United States. We currently have no product,.The ~~but~~Company ~~plan~~has onnot ~~developing~~yet implemented its business model. We must raise cash to implement our ~~first~~strategy ~~bottled~~and ~~coconut~~stay ~~water~~in ~~product~~business. ~~under~~In the ~~brand~~event ~~name~~we ~~“Koos~~do ~~Coconut~~not ~~Water”~~raise any proceeds, the Company’s existing cash will not be sufficient to fund the expenses related to maintaining a reporting status and to implement its planned business. Accordingly, the Company intends to implement a different business plan.

~~The~~We ~~Company~~have ~~has~~ not ~~yet~~earned ~~implemented~~any ~~its~~revenues ~~business model. We must raise cash~~ to ~~implement our strategy and stay in business~~date. InOur ~~the~~independent ~~event~~registered wepublic doaccountant ~~not~~has ~~raise~~issued ~~any~~an ~~proceeds,~~audit ~~the~~opinion ~~Company’s~~which ~~existing~~includes ~~cash~~a ~~will~~statement ~~not~~expressing besubstantial ~~sufficient~~doubt toas ~~fund the expenses related~~ to ~~maintaining~~our aability ~~reporting status and~~ to ~~implement~~continue ~~its~~as ~~planned business. Accordingly, the Company intends to implement~~ a ~~different~~going ~~business plan~~concern.

We4 ~~have~~Table ~~not~~of earned any revenues to date. Our independent registered public accountant has issued an audit opinion which includes a statement expressing substantial doubt as to our ability to continue as a going concern.Contents

Corporate History

Kokos Group Inc. was incorporated on July 26, 2016 under the laws of the State of Nevada. Jeoffrey Baterina has served as President and Chief Executive Officer, and Secretary of our company from July 26, 2016 to the October 19, 2017. On October 19, 2017 Mr. Lei Wang became its Chief Executive Officer, Chief Financial Officer and sole Director and Mr. Richard Rappaport was appointed Secretary. In addition, Mr. Baterina and Messrs. Flemming H.H. Hansen and Arthur T. Claravall submitted his resignations from all executive officer positions with the Company, including Chief Executive Officer and President effective October 19, 2017, and each submitted their resignation as a member of the Board. On January 18, 2018, Richard Rappaport submitted his resignation as Secretary of Kokos Group Inc. (the "Company"), effective immediately. On the same day, Ying Zhang was appointed Secretary.

On ~~February~~November 2510, 2017 the ~~Company~~Board ~~entered~~of ~~into~~directors aand ~~Purchase~~the ~~Agreement~~majority toof ~~supply~~its ~~69,300~~shareholders ~~private label Tetra Prisma 330ml packs~~ of ~~organic~~Kokos ~~coconut~~Group ~~water~~Inc. ~~The total purchase price is $55~~,~~410.~~ ~~The~~amended ~~purchaser has made~~ the ~~initial~~Company’s ~~non-refundable~~current ~~payment~~Certificate of ~~$2,500.~~Incorporation ~~Other~~in ~~items~~conformity onwith ~~payment~~the ~~schedule~~applicable ~~include;~~laws anof ~~additional~~the ~~$2,500~~State ~~non-refundable payment upon approval~~ of ~~private~~Nevada ~~label~~to ~~artwork;~~change ~~$35,000~~the ~~upon~~name ~~final~~of ~~order~~the byCompany ~~purchaser;~~from ~~and~~Kokos ~~$15,410~~Group ~~due on delivery and acceptance of product by purchaser~~Inc. ~~Product will be delivered~~ to ~~purchaser~~China ~~within~~Wu 90Yi ~~days~~Mountain ~~of the Company receiving payments as per above schedule~~Ltd. On ~~November~~May 3024, ~~2017~~2018 ~~the~~FINRA ~~client~~approved ~~who entered into~~ the ~~Purchase~~Company’s ~~Agreement~~corporate ~~has~~action ~~decided~~changing ~~not to proceed with~~ the ~~purchase~~Company’s ~~order.~~name ~~The~~and ~~new~~trading ~~management~~symbol ~~agreed~~effective toMay ~~the~~25, ~~cancellation of the Agreement~~2018.

OnThe ~~November~~Company ~~10,~~has ~~2017~~not ~~the~~yet ~~Board~~implemented ofits ~~directors~~business ~~and~~model. ~~the~~We ~~majority~~must ofraise ~~its~~cash ~~shareholders~~to ofimplement ~~Kokos~~our ~~Group~~strategy ~~Inc~~and stay in business., ~~amended~~In the ~~Company’s~~event ~~current~~we ~~Certificate~~do ofnot ~~Incorporation~~raise inany ~~conformity~~proceeds, ~~with~~ the ~~applicable~~Company’s ~~laws~~existing ofcash ~~the~~will ~~State~~not ofbe ~~Nevada~~sufficient to ~~change~~fund the ~~name~~expenses ofrelated ~~the~~to ~~Company~~maintaining ~~from~~a ~~Kokos~~reporting ~~Group~~status ~~Inc.~~and to ~~China~~implement Wuits Yiplanned ~~Mountain Ltd~~business. ~~On May 24~~Accordingly, ~~2018 FINRA approved~~ the Company’s ~~corporate~~intends ~~action~~to ~~changing~~implement ~~the~~a ~~Company’s~~different ~~name~~business ~~and trading symbol effective May 25, 2018~~plan.

The Company ~~has~~is ~~not~~investigating ~~yet implemented its business model. We must raise cash to implement our strategy and stay in business. In~~ the ~~event~~possibility weof dochanging ~~not raise any proceeds, the Company’s existing cash will not be sufficient to fund the expenses related to maintaining a reporting status and to implement~~ its ~~planned~~ business. ~~Accordingly, the Company intends to implement a different business plan~~model.

~~The~~Recent ~~Company is investigating the possibility of changing its business model.~~Developments

4Capital ~~Table of Contents~~Stock

~~Recent~~The ~~Developments~~Company’s capitalization is 200,000,000 common shares with a par value of $0.001 per share and 2,000,000 preferred shares with a par value of $0.001 per share. Total shares issued as of August 31, 2022 are 85,600,000 common shares and no preferred shares have been issued.

~~Capital~~On ~~Stock~~May 2, 2018, the Company entered into a subscription agreement with a China-based company, Grand Biotechnology Group Liaoning, (the authorized signor for Grand Biotechnology is a 4.9% shareholder of the Company), for the issuance of an aggregate of 20,000,000 shares of restricted common stock at $0.0075 per share for an aggregate purchase price of U.S.$150,000. On May 2, 2018, the Company issued 20,000,000 shares of restricted common stock. On May 15, 2018 the Company had received $100,000. As of August 31, 2022, the $50,000 unpaid stock purchased amount is recorded as “Subscription receivable” under stockholders’ deficit on the balance sheet.

~~The~~As ~~Company’s~~of ~~capitalization~~August ~~is 200~~31,~~000,000~~ ~~common shares with a par value of $0.001 per share and 2~~2022,~~000,000~~ ~~preferred~~the ~~shares~~Company ~~with~~has anot ~~par~~granted ~~value~~any ofstock ~~$0.001~~options ~~per share. Total shares issued as of August 31, 2021 are 85,600,000 common shares~~ and nohas ~~preferred~~not ~~shares~~recorded ~~have~~any ~~been~~stock-based ~~issued~~compensation.

OnAs ~~May 2, 2018, the Company entered into a subscription agreement with a China-based company, Grand Biotechnology Group Liaoning, (the authorized signor for Grand Biotechnology is a 4.9% shareholder~~ of ~~the~~August ~~Company)~~31, ~~for the issuance of an aggregate of 20~~2022,~~000,000~~ ~~shares of restricted common stock at $0.0075 per share for an aggregate purchase price of U.S.$150,000. On May 2, 2018,~~ the Company issued ~~20,000,000~~0 shares of ~~restricted~~preferred ~~common~~ stock. Onand ~~May 15~~85, ~~2018 the Company had received $100~~600,000. Ascommon ofshares ~~August~~are ~~31,~~issued ~~2021,~~and ~~the $50,000 unpaid stock purchased amount is recorded as “Subscription receivable“ under stockholders’ equity on the balance sheet~~outstanding.

~~As of August 31, 2021, the Company has not granted any stock options and has not recorded any stock-based compensation.~~Employees

AsOn ofOctober ~~August~~19, 312017 Mr. Lei Wang became its Chief Executive Officer, ~~2021~~Chief Financial Officer and sole Director and Mr. Richard Rappaport was appointed Secretary. On January 18, ~~the~~2018, ~~Company~~Richard ~~issued~~Rappaport 0submitted ~~shares~~his resignation as Secretary of ~~preferred~~China ~~stock~~WuYi ~~and~~(the 85"Company"),~~600~~ effective immediately. On the same day,~~000~~ Ying ~~common~~Zhang ~~shares~~was ~~are~~appointed ~~issued~~Secretary, ~~and~~effective ~~outstanding~~immediately.

~~Employees~~5 Table of Contents

OnITEM ~~October 19, 2017 Mr~~1A. ~~Lei~~RISK Wang became its Chief Executive Officer, Chief Financial Officer and sole Director and Mr. Richard Rappaport was appointed Secretary. On January 18, 2018, Richard Rappaport submitted his resignation as Secretary of China WuYi (the "Company"), effective immediately. On the same day, Ying Zhang was appointed Secretary, effective immediately.FACTORS

~~ITEM~~As ~~1A.~~a ~~RISK~~“smaller ~~FACTORS~~reporting company,” as defined in Rule 12b-2 of the Exchange Act, we are not required to provide the information called for by this Item.

AsITEM a1B. ~~“smaller~~UNRESOLVED ~~reporting~~STAFF ~~company,” as defined in Rule 12b-2 of the Exchange Act, we are not required to provide the information called for by this Item.~~COMMENTS

~~ITEM~~Not ~~1B.~~applicable ~~UNRESOLVED~~to ~~STAFF~~a ~~COMMENTS~~“smaller reporting company” as defined in Item 10(f)(1) of Regulation S-K.

~~Not~~ITEM ~~applicable to a “smaller reporting company” as defined in Item 10(f)(1) of Regulation S-K~~2. PROPERTIES

~~ITEM~~The 2.Company ~~PROPERTIES~~does not own any real estate or other properties and has not entered into any long-term lease or rental agreements for property.

~~The~~ITEM ~~Company~~3. ~~does~~LEGAL ~~not own any real estate or other properties and has not entered into any long-term lease or rental agreements for property.~~PROCEEDINGS

~~ITEM~~There 3.are ~~LEGAL~~no ~~PROCEEDINGS~~pending legal proceedings to which the Company is a party or in which any director, officer or affiliate of the Company, any owner of record or beneficially of more than 5% of any class of voting securities of the Company, or stockholder is a party adverse to the Company or has a material interest adverse to the Company.

~~There~~ITEM ~~are~~4. noMINE ~~pending~~SAFETY legal proceedings to which the Company is a party or in which any director, officer or affiliate of the Company, any owner of record or beneficially of more than 5% of any class of voting securities of the Company, or stockholder is a party adverse to the Company or has a material interest adverse to the Company.DISCLOSURES

~~ITEM~~Not 4applicable. ~~MINE SAFETY DISCLOSURES~~

~~Not~~6 ~~applicable.~~Table of Contents

5PART ~~Table of Contents~~II

~~PART~~ITEM II5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES

~~ITEM~~Market ~~5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES~~Information

~~Market~~As ~~Information~~of August 31, 2022, the Company had 12 shareholders of record. There is no established public trading market for the Company’s common stock whose common stock is quoted under the symbol is WUYI. The Company has not paid cash dividends and has no outstanding options.

AsOn November 16, 2017 the Board of ~~August~~directors ~~31,~~and ~~2021~~the majority of its shareholders of Kokos Group Inc.., approved an amendment of the Company's ~~had~~current 12Certificate ~~shareholders~~of Incorporation in conformity with the applicable laws of ~~record.~~the ~~There~~State isof noNevada ~~established~~to ~~public~~change ~~trading~~the ~~market~~name ~~for~~of the Company’s ~~common~~from ~~stock~~Kokos ~~whose~~Group ~~common~~Inc. ~~stock~~to isChina ~~quoted~~WuYi ~~under~~Mountain, Ltd. and change the symbol isfrom KOKG to WUYI. ~~The~~On ~~Company~~May ~~has~~24, ~~not~~2018 ~~paid~~the ~~cash~~Financial ~~dividends~~Industry ~~and~~Regulatory ~~has~~Authority no(FINRA) ~~outstanding~~approved ~~options~~the Corporate action.

OnITEM ~~November 16, 2017 the Board of directors and the majority of its shareholders of Kokos Group Inc~~6.., ~~approved~~SELECTED anFINANCIAL amendment of the Company's current Certificate of Incorporation in conformity with the applicable laws of the State of Nevada to change the name of the Company from Kokos Group Inc. to China WuYi Mountain, Ltd. and change the symbol from KOKG to WUYI. On May 24, 2018 the Financial Industry Regulatory Authority (FINRA) approved the Corporate action.DATA

~~ITEM~~Not 6.applicable ~~SELECTED~~to ~~FINANCIAL~~a ~~DATA~~“smaller reporting company” as defined in Rule 12b-2 of the Exchange Act.

~~Not~~7 ~~applicable~~Table ~~to a “smaller reporting company” as defined in Rule 12b-2~~ of ~~the Exchange Act.~~Contents

ITEM 7.

MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

This Management’s Discussion and Analysis of Financial Condition and Results of Operations is intended to provide a reader of our financial statements with a narrative from the perspective of our management on our financial condition, results of operations, liquidity, and certain other factors that may affect our future results. The following discussion and analysis should be read in conjunction with our audited consolidated financial statements and the accompanying notes thereto included in “Item 8. Financial Statements and Supplementary Data.” In addition to historical financial information, the following discussion and analysis contains forward-looking statements that involve risks, uncertainties and assumptions. See “Forward-Looking Statements.” Our results and the timing of selected events may differ materially from those anticipated in these forward-looking statements as a result of many factors.

Business Overview

Coconut water contains a unique combination of B vitamins, vitamin C., micronutrients, and phyto-hormones that are exceptionally beneficial to your health. A scientific review of pure organic coconut water with no additives shows that it can help to prevent heart attacks; lower high blood pressure, has anti-aging effects, and fights free radicals to help prevent cancer. Our primary business objective is to produce, distribute and market and sell our core planned product organic coconut water under the brand name Koos Coconut Water, which is pure organic coconut water, with no additives.

6There ~~Table~~is ofno ~~Contents~~need for the Company to purchase or otherwise obtain special equipment to manufacture, bottle, and label or pack its China WuYi Mountain, Ltd. proposed coconut water product. The Company plans to manufacture, bottle, label and pack its proposed Koos Coconut Water product under its as yet to be negotiate with a co-packing company, which has all such equipment. The Kokos Group Inc. plans to sell its proposed coconut water product in the following bottle sizes: 8oz and 16oz.

~~There~~The isCompany nohas ~~need~~not ~~for~~yet ~~the~~implemented ~~Company~~its tobusiness ~~purchase~~model. orWe ~~otherwise~~must ~~obtain~~raise ~~special~~cash ~~equipment~~ to ~~manufacture,~~implement ~~bottle,~~our strategy and ~~label~~stay orin ~~pack its China WuYi Mountain, Ltd~~business. ~~proposed~~In ~~coconut~~the ~~water~~event ~~product.~~we ~~The~~do ~~Company~~not ~~plans~~raise toany ~~manufacture~~proceeds, ~~bottle,~~the ~~label~~Company’s ~~and~~existing ~~pack~~cash ~~its~~will ~~proposed~~not ~~Koos~~be ~~Coconut~~sufficient ~~Water~~to ~~product~~fund ~~under~~the ~~its~~expenses asrelated ~~yet~~ to bemaintaining ~~negotiate with~~ a ~~co-packing~~reporting ~~company,~~status ~~which~~and ~~has all such equipment. The Kokos Group Inc. plans~~ to ~~sell~~implement its ~~proposed~~planned ~~coconut~~business. ~~water~~Accordingly, ~~product~~the inCompany ~~the~~intends ~~following~~to ~~bottle~~implement ~~sizes:~~a ~~8oz~~different ~~and~~business ~~16oz~~plan.

WePlan ~~have~~of not earned any revenues to date. Our independent registered public accountant has issued an audit opinion which includes a statement expressing substantial doubt as to our ability to continue as a going concern.Operations

~~Plan~~Our cash balance was $593 as of ~~Operations~~August 31, 2022. We believe our cash balance is not sufficient to fund our limited levels of operations for any period of time. We have been utilizing and may utilize funds from private placement and from unsecured loan from a shareholder controlling 19.25% of the Company’s issued and outstanding common stock, who has informally agreed to advance funds to allow us to pay for offering costs, filing fees, and professional fees. However, has no formal commitment, arrangement or legal obligation to advance or loan funds to the company. In order to develop and begin to implement our business plan, we will need the funding from this offering.

~~Our~~The ~~cash~~Company ~~balance~~has ~~was~~not ~~$785~~yet asimplemented ofits ~~August~~business ~~31, 2021~~model. We ~~believe~~must ~~our~~raise cash ~~balance is not sufficient~~ to ~~fund~~implement our ~~limited~~strategy ~~levels~~and ofstay ~~operations~~in ~~for any period of time~~business. WeIn ~~have~~the ~~been~~event ~~utilizing~~we ~~and~~do ~~may~~not ~~utilize~~raise ~~funds~~any ~~from~~proceeds, ~~private placement and from unsecured loan from a shareholder controlling 19.25% of~~ the Company’s ~~issued~~existing ~~and~~cash ~~outstanding~~will ~~common~~not ~~stock,~~be ~~who~~sufficient ~~has informally agreed~~ to ~~advance~~fund ~~funds~~the toexpenses ~~allow~~related us to ~~pay~~maintaining ~~for~~a ~~offering~~reporting ~~costs,~~status ~~filing fees,~~ and ~~professional~~to ~~fees.~~implement ~~However,~~its ~~has~~planned nobusiness. ~~formal commitment~~Accordingly, ~~arrangement or legal obligation to advance or loan funds to~~ the ~~company.~~Company Inintends ~~order~~ to ~~develop and begin to~~ implement ~~our~~a different business plan~~, we will need the funding from this offering~~.

~~Our~~8 ~~independent~~Table ~~registered~~of public accountant has issued a going concern opinion. This means that there is substantial doubt that we can continue as an on-going business for the next twelve months unless we obtain additional capital to pay our bills. This is because we have not generated revenues and no revenues are anticipated until we begin selling bottled water. There is no assurance we will ever reach that stage.Contents

~~The~~Going Company has not yet implemented its business model. We must raise cash to implement our strategy and stay in business. In the event we do not raise any proceeds, the Company’s existing cash will not be sufficient to fund the expenses related to maintaining a reporting status and to implement its planned business. Accordingly, the Company intends to implement a different business plan.Concern

~~Going~~Our ~~Concern~~auditor has indicated in their reports on our financial statements for the fiscal years ended August 31, 2022 and August 31, 2021, that conditions exist that raise substantial doubt about our ability to continue as a going concern due to our recurring losses from operations, stockholders’ deficit, and the need to raise additional capital to fund operations. A “going concern” opinion could impair our ability to finance our operations through the sale of debt or equity securities.

~~Our~~Results auditor has indicated in their reports on our financial statements for the fiscal years ended August 31, 2021 and August 31, 2020, that conditions exist that raise substantial doubt about our ability to continue as a going concern due to our recurring losses from operations, deficit in equity, and the need to raise additional capital to fund operations. A “going concern” opinion could impair our ability to finance our operations through the sale of ~~debt or equity securities.~~Operations

7Fiscal ~~Table~~Year ofEnded ~~Contents~~August 31, 2022 compared to the Fiscal Year Ended August 31, 2021

~~Results~~We ofhad ~~Operations~~no revenues for the fiscal years ended August 31, 2022 and 2021.

~~Fiscal~~Expenses ~~Year~~for ~~Ended~~the year ended August 31, ~~2021~~2022 ~~compared~~totaled to$32,655 ~~the~~and ~~Fiscal~~net ~~Year~~loss ~~Ended~~of $32,655 consisting primarily of $29,000 in professional fees; $1,140 in transfer agent expenses; $2,323 in filing fees; and bank services charges of $192. Expenses for the year ended August 31, ~~2020~~2021 totaled $30,634 and net loss of $30,634 consisting primarily of $26,891 in professional fees; $891 in transfer agent expenses; $2,660 in filing fees; and bank services charges of $192. The slight increase in expenses from fiscal 2022 to fiscal 2021 was due to the increase in professional fees, primarily accounting expenses.

~~Expenses~~Capital ~~for~~Resources ~~the year ended August 31, 2021 totaled $30,634~~ and net loss of $30,634 consisting primarily of $26,891 in professional fees; $891 in transfer agent expenses; $2,660 in filing fees; and bank services charges of $192. Expenses for the year ended August 31, 2020 totaled $1,380 and net loss of $1,380 consisting primarily of office and general expenses of $1,380 consisting primarily of $1,188 in transfer agent expenses; and bank services charges of $192. The increase in expenses from fiscal 2021 to fiscal 2020 was due to the increase in professional fees, primarily accounting expenses.Liquidity

~~Capital~~Our ~~Resources~~auditor’s ~~and~~report ~~Liquidity~~on our August 31, 2022 financial statements expresses an opinion that substantial doubt exists as to whether we can continue as an ongoing business. Since our sole director maybe unwilling or unable to loan or advance us additional capital, we believe that if we do not raise additional capital over the next 12 months, we may be required to suspend or cease the implementation of our business plans. See “August 31, 2022 Audited Financial Statements – Auditors Report.”

~~Our~~As ~~auditor’s~~of ~~report on our~~ August 31, ~~2021~~2022, ~~financial~~we ~~statements~~had ~~expresses~~$593 anof ~~opinion~~cash ~~that~~compared ~~substantial doubt exists as~~ to ~~whether~~$785 weof ~~can~~cash ~~continue~~ as anof ~~ongoing~~August ~~business~~31, 2021. ~~Since~~We ~~our~~anticipate ~~sole~~that ~~director~~our ~~maybe~~current ~~unwilling~~cash orand ~~unable~~cash toequivalents ~~loan~~and orcash ~~advance~~generated usfrom ~~additional~~financing ~~capital,~~activities wewill ~~believe~~be ~~that~~insufficient ifto wesatisfy doour ~~not~~liquidity ~~raise~~requirements ~~additional~~for ~~capital over~~ the next 12 months,. weTo ~~may~~date bethe ~~required~~Company tohas ~~suspend~~incurred oroperating ~~cease~~losses ~~the~~since ~~implementation~~inception of ~~our business plans~~$243,338. ~~See~~As “at August 31, ~~2021~~2022, ~~Audited~~the ~~Financial~~Company ~~Statements~~has –a ~~Auditors~~working ~~Report~~capital deficit of $118,247.”

AsThe ofCompany ~~August~~requires ~~31,~~additional ~~2021,~~funding weto ~~had~~meet ~~$785~~its ofongoing ~~cash~~obligations ~~compared~~and to ~~$977~~fund ofanticipated ~~cash~~operating aslosses. The ability of ~~August~~the ~~31,~~Company ~~2020.~~to Wecontinue ~~anticipate~~as ~~that~~a ~~our~~going ~~current~~concern ~~cash~~is ~~and~~dependent ~~cash~~on ~~equivalents~~raising ~~and~~capital ~~cash~~to ~~generated~~fund ~~from~~its ~~financing~~initial ~~activities~~business ~~will~~plan beand ~~insufficient~~ultimately to ~~satisfy~~attain ~~our~~profitable ~~liquidity~~operations. ~~requirements~~These ~~for~~financial ~~the~~statements ~~next~~do 12not ~~months.~~include Toany ~~date~~adjustments ~~the~~relating ~~Company~~to ~~has~~the ~~incurred~~recoverability ~~operating~~and ~~losses~~classification ~~since inception~~ of ~~$210,683.~~recorded Asasset atamounts ~~August~~or ~~31,~~amounts ~~2021,~~and ~~the~~classification ~~Company~~of ~~has~~liabilities athat ~~working~~might ~~capital~~result ~~deficit~~from ofthis ~~$85,592~~uncertainty.

~~The~~We ~~Company~~expect ~~requires~~to ~~additional~~incur ~~funding~~marketing toand ~~meet~~professional ~~its~~and ~~ongoing~~administrative ~~obligations~~expenses ~~and~~as towell ~~fund~~expenses ~~anticipated~~associated ~~operating~~with ~~losses.~~maintaining ~~Our~~our ~~auditor~~filings ~~has~~with ~~expressed~~the ~~substantial~~Commission. ~~doubt~~We ~~about~~will ~~our~~require ~~ability~~additional tofunds ~~continue~~during asthis atime ~~going~~and ~~concern.~~will ~~The~~seek ~~ability~~to ofraise the ~~Company~~necessary toadditional ~~continue~~capital. asIf awe ~~going~~are ~~concern~~unable isto ~~dependent~~obtain onadditional ~~raising~~financing, ~~capital~~we may be required to ~~fund~~reduce ~~its~~the ~~initial~~scope of our business ~~plan~~development ~~and~~activities, ~~ultimately~~which tocould ~~attain~~harm ~~profitable~~our ~~operations.~~business ~~These~~plans, financial ~~statements~~condition doand operating results. Additional funding may not ~~include~~be ~~any~~available ~~adjustments~~on ~~relating~~favorable terms, if at all. The Company intends to ~~the~~continue ~~recoverability~~to ~~and~~fund ~~classification~~its ofbusiness ~~recorded~~by ~~asset~~way ~~amounts~~of equity or ~~amounts~~debt financing and ~~classification~~advances offrom ~~liabilities~~related ~~that~~parties. ~~might~~Any ~~result~~inability ~~from~~to ~~this~~raise ~~uncertainty~~capital as needed would have a material adverse effect on our business, financial condition and results of operations.

We9 ~~expect~~Table to incur marketing and professional and administrative expenses as well expenses associated with maintaining our filings with the Commission. We will require additional funds during this time and will seek to raise the necessary additional capital. If we are unable to obtain additional financing, we may be required to reduce the scope of our business development activities, which could harm our business plans, financial condition and operating results. Additional funding may not be available on favorable terms, if at all. The Company intends to continue to fund its business by way of equity or debt financing and advances from related parties. Any inability to raise capital as needed would have a material adverse effect on our business, financial condition and results of operations.Contents

If we cannot raise additional funds, we will have to cease business operations. As a result, investors in the Company’s common stock would lose all of their investment.

Off Balance Sheet Arrangements

There are no off-balance sheet arrangements currently contemplated by management or in place that are reasonably likely to have a current or future effect on the business, financial condition, changes in financial condition, revenue or expenses, result of operations, liquidity, capital expenditures and/or capital resources.

Recent Accounting Pronouncements

The Company has implemented all new accounting pronouncements that are in effect and that may impact its financial statements and does not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on its financial position or results of operations.

ITEM 7A.

QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

Not applicable to a “smaller reporting company” as defined in Rule 12b-2 of the Exchange Act.

ITEM 8. ~~Table~~FINANCIAL ofSTATEMENTS ~~Contents~~AND SUPPLEMENTARY DATA

~~ITEM~~The 8.full ~~FINANCIAL~~text ~~STATEMENTS~~of ~~AND~~the ~~SUPPLEMENTARY~~Company's ~~DATA~~audited consolidated financial statements for the fiscal years ended August 31, 2022 and 2021, begins on page F-1 of this Annual Report on Form 10-K.

~~The~~10 ~~full~~Table ~~text~~ of ~~the Company's audited consolidated financial statements for the fiscal years ended August 31, 2021 and 2020, begins on page F-1 of this Annual Report on Form 10-K.~~ Contents

CHINA WUYI MOUNTAIN, LTD.

FINANCIAL STATEMENTS

August 31, ~~2021~~2022 and ~~2020~~2021

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM		F-2
REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM (PCAOB Firm ID 3627)		F-2
BALANCE SHEETS		F-3
STATEMENTS OF OPERATIONS		F-4
STATEMENT OF STOCKHOLDERS’ DEFICIT		F-5
STATEMENTS OF CASH FLOWS		F-6
NOTES TO FINANCIAL STATEMENTS		F-7

F-1

Table of Contents

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Board of Directors and Shareholders of China Wuyi Mountain Ltd.:

Opinion on the Financial Statements

We have audited the accompanying balance sheets of China Wuyi Mountain Ltd. (“the Company”) as of August 31, ~~2021~~2022 and ~~2020~~2021, the related statements of operations, stockholders’ deficit, and cash flows for each of the years in the two-year period ended August 31, ~~2021~~2022 and the related notes (collectively referred to as the “financial statements”). In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of the Company as of August 31, ~~2021~~2022 and ~~2020~~2021, and the results of its operations and its cash flows for each of the years in the two-year period ended August 31, ~~2021~~2022, in conformity with accounting principles generally accepted in the United States of America.

Explanatory Paragraph Regarding Going Concern

The accompanying financial statements have been prepared assuming that the Company will continue as a going concern. As discussed in Note 1 to the financial statements, the Company has an accumulated and working capital deficit, which raises substantial doubt about its ability to continue as a going concern. Management's plans in regard to these matters are also described in Note 1. The financial statements do not include any adjustments that might result from the outcome of this uncertainty.

Basis for Opinion

These financial statements are the responsibility of the Company’s management. Our responsibility is to express an opinion on the Company’s 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.

We conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit 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.

Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or 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 financial statements. Our audit 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.

Critical Audit Matters

Critical audit matters are matters arising from the current period audit of the financial statements that were communicated or required to be communicated to the audit committee and that (1) relate to accounts or disclosures that are material to the financial statements and (2) involved our especially challenging, subjective, or complex judgments. We determined that there were no critical audit matters.

/s/ Sadler, Gibb & Associates, LLC

We have served as the Company’s auditor since 2021.

Draper, UT

~~September~~February 286, ~~2022~~2023

F-2

Table of Contents

CHINA WUYI MOUNTAIN, LTD.

BALANCE SHEETS

	August 31, 2021			August 31,2020
	August 31, 2022			August 31,2021
ASSETS
CURRENT ASSETS
Cash	$	~~785~~593		$	~~977~~785
TOTAL CURRENT ASSETS	$	~~785~~593		$	~~977~~785
LIABILITIES AND STOCKHOLDERS’ DEFICIT
CURRENT LIABILITIES
Accounts payable	$	1,~~616~~319		$	91,~~686~~616
Due to related party (Note 5)		84117,~~761~~521			4684,~~249~~761
TOTAL CURRENT LIABILITIES		86118,~~377~~840			5586,~~935~~377
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS’ DEFICIT
Preferred stock, par value $0.001, 2,000,000 authorized, -nil- issued and outstanding as of August 31, 2021 and 2020
Preferred stock, par value $0.001, 2,000,000 authorized, -nil- issued and outstanding
Common stock, par value $0.001 par value, 200,000,000 authorized – 85,600,000 shares and 85,600,000 shares issued and outstanding as of August 31, 2021 and 2020, respectively.		85,600			85,600
Common stock, par value $0.001 par value, 200,000,000 authorized – 85,600,000 shares issued and outstanding		85,600			85,600
Subscription receivable		(50,000	)		(50,000	)
Additional paid in capital		89,491			89,491
Accumulated deficit		(~~210~~243,~~683~~338	)		(~~180~~210,~~049~~683	)
TOTAL STOCKHOLDERS’ DEFICIT		(85118,~~592~~247	)		(5485,~~958~~592	)
TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT	$	~~785~~593		$	~~977~~785

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

F-3

Table of Contents

CHINA WUYI MOUNTAIN, LTD.

STATEMENTS OF OPERATIONS

	Year ended August 31,2021			Year ended August 31,2020
	Year ended August 31,2022			Year ended August 31,2021
REVENUE	$	-		$	-
EXPENSES
Office and general	$	3,~~743~~655		$	13,~~380~~743
Consulting fees		-			-
Professional fees		29,000			26,891
Professional fees		26,891			-
TOTAL EXPENSES		(32,655	)		(30,634	)
TOTAL EXPENSES		(30,634	)		(1,380	)
Other Income		-			-
NET LOSS	$	(3032,~~634~~655	)	$	(130,~~380~~634	)
LOSS PER COMMON SHARE – BASIC AND DILUTED	$	(0.00	)	$	(0.00	)
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING – BASIC AND DILUTED		85,600,000			85,600,000

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

F-4

Table of Contents

CHINA WUYI MOUNTAIN, LTD.

STATEMENT OF STOCKHOLDERS’ DEFICIT

FOR THE YEARS ENDED AUGUST 31, ~~2021~~2022 AND ~~2020~~2021

	Common Stock				Additional
	Number of shares		Amount		Paid-~~in Capital~~inCapital		SubscriptionReceivable			Accumulated Deficit			Total	~~Total~~
Balance, August 31, 2019		85,600,000	$	85,600	$	89,491	$	(50,000	)	$	(178,669	)		$	(53,578	)
Balance, August 31, 2020		8,560,000	$	85,600	$	89,491	$	(50,000	)	$	(180,049	)		$	(54,958	)
Net loss for the year ended August 31, 2020		-		-		-		-			(1,380	)			(1,380	)
Net loss for the year ended August 31, 2021		-		-		-		-			(30,634	)			(30,634	)
Balance, August 31, 2020		85,600,000	$	85,600	$	89,491	$	(50,000	)	$	(180,049	)		$	(54,958	)
Balance, August 31, 2021		8,560,000	$	85,600	$	89,491	$	(50,000	)	$	(210,683	)		$	(85,592	)
Net loss for the year ended August 31, 2021		-		-		-					(30,634	)			(30,634	)
Net loss for the year ended August 31, 2022		-		-		-					(32,655	)			(32,655	)
Balance, August 31, 2021		85,600,000	$	85,600	$	89,491	$	(50,000	)	$	(210,683	)		$	(85,592	)
Balance, August 31, 2022		85,600,000	$	85,600	$	89,491	$	(50,000	)	$	(243,338	)		$	(118,247	)

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

F-5

Table of Contents

CHINA WUYI MOUNTAIN, LTD.

STATEMENTS OF CASH FLOWS

	Year ended August 31, 2021			Year ended August 31, 2020
	Year endedAugust 31,2022			Year endedAugust 31,2021
OPERATING ACTIVITIES
Net loss for the period	$	(3032,~~634~~655	)	$	(130,~~380~~634	)
Adjustments to reconcile net loss to net cash used in operating activities:
Expenses paid by related party		3832,~~512~~760			-38,512
Changes in operating assets and liabilities:
Prepaid expenses		-			-
Accounts payables		(~~8,070~~297	)		1(8,~~188~~070	)
NET CASH USED IN OPERATING ACTIVITIES		(192	)		(192	)
CASH FLOW FROM INVESTING ACTIVITIES		-			-
CASH FLOW FROM FINANCING ACTIVITIES		-			-
NET INCREASE (DECREASE) IN CASH		(192	)		(192	)
CASH, BEGINNING		~~977~~785			~~1,169~~977
CASH, ENDING	$	~~785~~593		$	~~977~~785

SUPPLEMENTAL CASH FLOW INFORMATION AND NONCASH FINANCING ACTIVITIES;

Cash paid during the period for:
Interest	$	-	$	-

Income taxes	$	-	$	-

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

F-6

Table of Contents

CHINA WUYI MOUNTAIN, LTD

NOTES TO FINANCIAL STATEMENTS

August 31, ~~2021~~2022

NOTE 1 – NATURE OF OPERATIONS AND BASIS OF PRESENTATION

KOKOS GROUP INC. was incorporated in the State of Nevada as a for-profit Company on July 26, 2016 and established a fiscal year end of August 31. The Company is organized to bottle, market, distribute and sell our own brand of coconut water, presently called “Koos Coconut Water”. On November 10, 2017 the Board of directors and the majority of its shareholders of Kokos Group Inc., amended the Company’s current Certificate of Incorporation in conformity with the applicable laws of the State of Nevada to change the name of the Company from Kokos Group Inc. to China WuYi Mountain Ltd. On May 24, 2018 FINRA approved the Company’s corporate action changing the Company’s name and trading symbol effective May 25, 2018.

Going concern

The financial statements have been prepared assuming that the Company will continue as a going concern, which contemplates continuity of operations, realization of assets, and liquidation of liabilities in the normal course of business.

To date the Company has generated no revenues from its business operations and has incurred operating losses since inception of $~~210~~243,~~683~~338. As at August 31, ~~2021~~2022, the Company has working capital deficit of $85118,~~592~~247. The Company requires additional funding to meet its ongoing obligations and to fund anticipated operating losses. The ability of the Company to continue as a going concern is dependent on raising capital to fund its initial business plan and ultimately to attain profitable operations. Accordingly, these factors raise substantial doubt as to the Company’s ability to continue as a going concern. The Company intends to continue to fund its business by way of private placements and advances from related parties as may be required. These financial statements do not include any adjustments relating to the recoverability and classification of recorded asset amounts or amounts and classification of liabilities that might result from this uncertainty.

NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Basis of Presentation

The financial statements present the balance sheet, statements of operations, stockholders’ equity (deficit) and cash flows of the Company. These financial statements are presented in the United States dollars and have been prepared in accordance with accounting principles generally accepted in the United States.

Use of Estimates and Assumptions

Preparation of the financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect certain 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 period. Accordingly, actual results could differ from those estimates.

Cash and Cash Equivalents

For purposes of the statement of cash flows, the Company considers highly liquid financial instruments purchased with a maturity of three months or less to be cash equivalents. The Company did not have any liquid instruments that were over the federally insured limits.

Financial Instruments

All significant financial assets, financial liabilities and equity instruments of the Company are either recognized or disclosed in the financial statements together with other information relevant for making a reasonable assessment of future cash flows, interest rate risk and credit risk. Where practical the fair values of financial assets and financial liabilities have been determined and disclosed; otherwise only available information pertinent to fair value has been disclosed.

F-7

Table of Contents

CHINA WUYI MOUNTAIN, LTD

NOTES TO FINANCIAL STATEMENTS

August 31, ~~2021~~2022

NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued)

Loss per Common Share

The basic earnings (loss) per share is calculated by dividing the Company’s net income available to common shareholders by the weighted average number of common shares during the year. The diluted earnings (loss) per share is calculated by dividing the Company’s net income (loss) available to common shareholders by the diluted weighted average number of shares outstanding during the year. The diluted weighted average number of shares outstanding is the basic weighted number of shares adjusted for any potentially dilutive debt or equity. Diluted earnings (loss) per share are the same as basic earnings (loss) per share due to the lack of dilutive items in the Company. The Company did not have any dilutive shares.

Income Taxes

The Company follows the liability method of accounting for income taxes. Under this method, deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax balances and tax loss carry-forwards. Deferred tax assets and liabilities are measured using enacted or substantially enacted tax rates expected to apply to the taxable income in the years in which those differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the date of enactment or substantive enactment.

Stock-based Compensation

The Company follows ASC 718-10, "Stock Compensation", which addresses the accounting for transactions in which an entity exchanges its equity instruments for goods or services, with a primary focus on transactions in which an entity obtains employee services in share-based payment transactions. ASC 718-10 is a revision to SFAS No. 123, "Accounting for Stock-Based Compensation," and supersedes Accounting Principles Board ("APB") Opinion No. 25, "Accounting for Stock Issued to Employees," and its related implementation guidance. ASC 718-10 requires measurement of the cost of employee services received in exchange for an award of equity instruments based on the grant-date fair value of the award (with limited exceptions). Incremental compensation costs arising from subsequent modifications of awards after the grant date must be recognized. The Company has not adopted a stock option plan and has not granted any stock options. As at August 31, 2022 the Company had not adopted a stock option plan nor had it granted any stock options. Accordingly, no stock-based compensation has been recorded to date.

~~Employees,"~~Recent ~~and~~Accounting its related implementation guidance. ASC 718-10 requires measurement of the cost of employee services received in exchange for an award of equity instruments based on the grant-date fair value of the award (with limited exceptions). Incremental compensation costs arising from subsequent modifications of awards after the grant date must be recognized. The Company has not adopted a stock option plan and has not granted any stock options. As at August 31, 2021 the Company had not adopted a stock option plan nor had it granted any stock options. Accordingly, no stock-based compensation has been recorded to date.Pronouncements

~~Recent~~The ~~Accounting~~Company’s ~~Pronouncements~~management has evaluated all the recently issued, but not yet effective, accounting standards that have been issued or proposed by the FASB or other standards-setting bodies through the filing date of these financial statements and does not believe the future adoption of any such pronouncements will have a material effect on the Company’s financial position and results of operations.

~~The~~NOTE ~~Company’s~~3 ~~management~~– ~~has~~CAPITAL evaluated all the recently issued, but not yet effective, accounting standards that have been issued or proposed by the FASB or other standards-setting bodies through the filing date of these financial statements and does not believe the future adoption of any such pronouncements will have a material effect on the Company’s financial position and results of operations.STOCK

~~NOTE~~The 3Company’s –capitalization ~~CAPITAL~~is ~~STOCK~~200,000,000 common shares with a par value of $0.001 per share and 2,000,000 preferred shares with a par value of $0.001 per share. Total shares issued as of August 31, 2022 are 85,600,000 common shares and no preferred shares have been issued.

~~The~~On May 2, 2018, the Company’s ~~capitalization~~entered isinto ~~200~~a subscription agreement with a China-based company,~~000~~ Grand Biotechnology Group Liaoning,~~000~~ ~~common~~(the ~~shares~~authorized ~~with~~signor for Grand Biotechnology is a ~~par~~4.9% ~~value~~shareholder of ~~$0.001~~the ~~per~~Company), ~~share~~for ~~and~~the 2issuance of an aggregate of 20,000,000 ~~preferred~~ shares ~~with~~of arestricted ~~par~~common ~~value~~stock ofat $0.~~001~~0075 per share for an aggregate purchase price of $150,000. ~~Total~~On ~~shares~~May 2, 2018, the Company issued as20,000,000 shares of restricted common stock. On May 15, 2018 the Company had received $100,000. As of August 31, 2022 and 2021, ~~are~~the 85$50,~~600,~~000 ~~common~~unpaid ~~shares~~stock ~~and~~purchased noamount ~~preferred~~is ~~shares~~recorded ~~have~~as ~~been~~“Subscription ~~issued~~receivable“ under stockholders’ equity on the balance sheet.

OnAs ~~May 2, 2018, the Company entered into a subscription agreement with a China-based company, Grand Biotechnology Group Liaoning, (the authorized signor for Grand Biotechnology is a 4.9% shareholder~~ of ~~the~~August ~~Company)~~31, ~~for the issuance of an aggregate of 20~~2022,~~000,000~~ ~~shares of restricted common stock at $0.0075 per share for an aggregate purchase price of U.S.$150,000. On May 2, 2018,~~ the Company ~~issued~~has ~~20,000,000~~not ~~shares~~granted ofany ~~restricted common~~ stock. Onoptions ~~May 15, 2018 the Company had received $100,000. As of August 31, 2021~~ and ~~2020,~~has ~~the~~not ~~$50,000~~recorded ~~unpaid~~any stock-based ~~purchased amount is recorded as “Subscription receivable“ under stockholders’ equity on the balance sheet~~compensation.

AsF-8 Table of ~~August 31, 2021, the Company has not granted any stock options and has not recorded any stock-based compensation.~~Contents

~~F-8~~CHINA ~~Table~~WUYI ofMOUNTAIN, ~~Contents~~LTD

~~CHINA~~NOTES ~~WUYI~~TO ~~MOUNTAIN,~~FINANCIAL ~~LTD~~STATEMENTS

~~NOTES~~August TO31, ~~FINANCIAL STATEMENTS~~2022

~~August~~NOTE ~~31,~~4 ~~2021~~– RELATED PARTY TRANSACTIONS

~~NOTE~~During 4the –period ~~RELATED~~ended ~~PARTY~~August ~~TRANSACTIONS~~31, 2022, Century Acquisitions (major shareholder of the Company) paid expenses on behalf of the Company of $32,760 ($38,512 for 2021). As of August 31, 2022 and 2021, the balance of due to Century Acquisitions was $117,521 and $84,761. The amounts due to the related party are unsecured and non- interest-bearing with no set terms of repayment.

~~During~~NOTE ~~the~~5 ~~period~~– ~~ended~~INCOME August 31, 2021, Century Acquisitions (major shareholder of the Company) paid expenses on behalf of the Company of $38,512 ($0 for 2020). As of August 31, 2021 and 2020, the balance of due to Century Acquisitions was $84,761 and $46,249. The amounts due to the related party are unsecured and non- interest-bearing with no set terms of repayment.TAXES

~~NOTE~~A 5reconciliation –of ~~INCOME~~the ~~TAXES~~provision for income taxes at the United States federal statutory rate compared to the Company’s income tax expense as reported is as follows:

A reconciliation of the provision for income taxes at the United States federal statutory rate compared to the Company’s income tax expense as reported is as follows:

	August 31, 2022			August 31, 2021

Net loss before income taxes per financial statements	$	(32,655	)	$	(30,634	)
Income tax rate		21	%		21	%
Income tax recovery		(6,858	)		(6,433	)
Non-deductible		-			-
Valuation allowance change		6,858			6,433

Provision for income taxes	$	-		$	-

	August 31,2021			August 31,2020
Net loss before income taxes per financial statements	$	(30,634	)	$	(1,380	)
Income tax rate		21	%		21	%
Income tax recovery		(6,433	)		(290	)
Non-deductible		-			-
Valuation allowance change		6,433			290
Provision for income taxes	$	-		$	-

The significant component of deferred income tax assets at August 31, 2022 and August 31, 2021, is as follows:

The significant component of deferred income tax assets at August 31, 2021 and August 31, 2020, is as follows:

	August 31, 2022			August 31, 2021
Net operating loss carry-forward	$	51,101		$	44,243
Valuation allowance		(51,101	)		(44,243	)

Net deferred income tax asset	$	-		$	-

	August 31,2021			August 31,2020
Net operating loss carry-forward	$	44,243		$	37,810
Valuation allowance		(44,243	)		(37,810	)
Net deferred income tax asset	$	-		$	-

The amount taken into income as deferred income tax assets must reflect that portion of the income tax loss carry forwards that is more likely-than-not to be realized from future operations. The Company has chosen to provide a full valuation allowance against all available income tax loss carry forwards. The Company has recognized a valuation allowance for the deferred income tax asset since the Company cannot be assured that it is more likely than not that such benefit will be utilized in future years. The valuation allowance is reviewed annually. When circumstances change, and which cause a change in management's judgment about the realizability of deferred income tax assets, the impact of the change on the valuation allowance is generally reflected in current income.

~~The~~As ~~amount~~of ~~taken~~August ~~into~~31, ~~income~~2022, asand ~~deferred~~August ~~income~~31, ~~tax~~2021 ~~assets~~the ~~must~~Company ~~reflect~~has ~~that~~no ~~portion~~unrecognized ~~of the~~ income tax ~~loss~~benefits. ~~carry~~The ~~forwards~~Company’s ~~that~~policy isfor ~~more~~classifying ~~likely-than-not~~interest toand bepenalties ~~realized~~associated ~~from~~with ~~future~~unrecognized ~~operations. The~~income ~~Company~~tax ~~has~~benefits ~~chosen~~is to ~~provide~~include asuch ~~full~~items ~~valuation~~as ~~allowance against all available income~~ tax ~~loss carry forwards~~expense. ~~The~~No ~~Company~~interest ~~has~~or ~~recognized~~penalties ahave ~~valuation~~been ~~allowance~~recorded ~~for~~during the ~~deferred~~year ~~income~~ended ~~tax~~August ~~asset~~31, ~~since~~2022 ~~the~~and ~~Company~~August ~~cannot~~31, be2021 ~~assured~~and ~~that~~no itinterest isor ~~more~~penalties ~~likely~~have ~~than~~been ~~not~~accrued ~~that~~as ~~such~~of ~~benefit~~August ~~will~~31, be2022 ~~utilized~~and inAugust ~~future~~31, ~~years~~2021. ~~The~~As ~~valuation~~of ~~allowance~~August is31, ~~reviewed annually. When circumstances change~~2022, and ~~which~~August ~~cause~~31, ~~a change in management's judgment about the realizability of deferred income tax assets~~2021, the ~~impact~~Company ofdid ~~the~~not ~~change~~have onany ~~the~~amounts ~~valuation~~recorded ~~allowance~~pertaining isto ~~generally~~uncertain ~~reflected~~tax ~~in current income~~positions.

AsThe ~~of August 31, 2021, and August 31, 2020 the Company has no unrecognized income~~ tax ~~benefits.~~years ~~The~~from ~~Company’s~~2016 ~~policy for classifying interest~~ and ~~penalties~~forward ~~associated~~remain ~~with~~open ~~unrecognized income tax benefits is~~ to ~~include~~examination ~~such~~by ~~items~~federal ~~as tax expense. No interest or penalties have been recorded during the year ended August 31, 2021~~ and ~~August~~state ~~31,~~authorities ~~2020~~due ~~and~~to nonet ~~interest~~operating orloss ~~penalties have been accrued as of August 31, 2021~~ and ~~August~~credit ~~31, 2020~~carryforwards. AsThe ofCompany ~~August~~is ~~31,~~currently ~~2021,~~not ~~and~~under ~~August~~examination ~~31,~~by ~~2020,~~ the ~~Company~~Internal ~~did~~Revenue ~~not~~Service ~~have~~or any ~~amounts~~other ~~recorded~~taxing ~~pertaining to uncertain tax positions~~authorities.

~~The~~NOTE ~~tax~~6 ~~years~~– ~~from~~SUBSEQUENT 2016 and forward remain open to examination by federal and state authorities due to net operating loss and credit carry forwards. The Company is currently not under examination by the Internal Revenue Service or any other taxing authorities.EVENTS

~~NOTE~~During 6September –2022 ~~SUBSEQUENT~~through ~~EVENTS~~November 4, 2022, Century Acquisition (Formerly WP Acquisition Company, LLC), is a major shareholder paid outstanding invoices on behalf of the Company for $19,297. The amounts due to the related party are unsecured and non- interest-bearing with no set terms of repayment. These transactions increased the shareholder loan balance to $136,818, in the subsequent period.

During September 2021 through August 2022, Century Acquisition (Formerly WP Acquisition Company, LLC), is a major shareholder and controls 19.25%, paid outstanding invoices on behalf of the Company for $29,893. The amounts due to the related party are unsecured and nonF-9 ~~interest-bearing~~Table ~~with no set terms~~ of ~~repayment. These transactions increased the shareholder loan balance to $114,654,in the subsequent period.~~Contents

F-ITEM 9. ~~Table~~CHANGES ofIN ~~Contents~~AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISLCOSURES

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

No Changes

Item 9A. Controls and Procedures.

Evaluation of Disclosure Controls and Procedures

Disclosure controls and procedures are controls and other procedures that are designed to ensure that information required to be disclosed in our reports filed or submitted under the Securities Exchange Act of 1934 is recorded, processed, summarized and reported, within the time period specified in the SEC’s rules and forms. Disclosure controls and procedures include, without limitation, controls and procedures designed to ensure that information required to be disclosed in our reports filed or submitted under the Securities Exchange Act of 1934 is accumulated and communicated to management including our principal executive officer and principal financial officer as appropriate, to allow timely decisions regarding required disclosure.

In connection with this annual report, as required by Rule 13a -15d and 15d-15e under the Securities Exchange Act of 1934, we have carried out an evaluation of the effectiveness of the design and operation of our company’s disclosure controls and procedures. This evaluation was carried out under the supervision and with the participation of our company’s management, including our company’s principal executive officer and principal financial officer. Based upon that evaluation, our company’s principal executive officer and principal financial officer concluded that as of August 31, ~~2021~~2022 our disclosure controls and procedures were not effective due to the existence of material weaknesses in our internal controls over financial reporting.

Management’s Annual Report on Internal Control Over Financial Reporting

Our management is responsible for establishing and maintaining adequate internal control over financial reporting. Internal control over financial reporting is defined in Rule 13a-15(f) or 15d-15(f) promulgated under the Securities Exchange Act of 1934 as a process designed by, or under the supervision of, the Company’s Principal Executive and Principal Financial officer and effected by the Company’s board of directors, management and other personnel to provide reasonable assurance regarding the reliability of our financial reporting and the preparation of financial statements for external purposes in accordance with accounting principles generally accepted in the United States of America and includes those policies and procedures that:

1. Pertains to the maintenance of records that in reasonable detail accurately and fairly reflect our transactions and disposition of assets; 2. Provide reasonable assurance that transactions are recorded as necessary to permit preparation of our financial statements in accordance with accounting principles generally accepted in the United States of America and receipts and expenditures are being made in accordance with authorizations of management and directors; and 3. Provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of company assets that could have a material effect on our financial statements.

~~Management~~2. ~~assessed~~Provide ~~the~~reasonable ~~effectiveness~~assurance ofthat ~~the~~transactions ~~Company’s~~are ~~internal~~recorded ~~control~~as ~~over~~necessary ~~financial~~to ~~reporting~~permit ~~based~~preparation onof ~~the~~our ~~criteria for effective internal control over~~ financial ~~reporting~~statements ~~established~~ in ~~SEC~~accordance ~~guidance~~with onaccounting ~~conducting~~principles ~~such~~generally ~~assessments~~accepted asin of the ~~end~~United States of ~~the~~America ~~period~~and ~~covered~~receipts byand ~~this~~expenditures ~~report.~~are ~~Management~~being ~~conducted~~made ~~the assessment based on certain criteria established~~ in ~~Internal~~accordance ~~Control~~with -authorizations ~~Integrated Framework issued by the Committee~~ of ~~Sponsoring Organizations of the Treadway Commission in 2013. As of August 31, 2021,~~ management ~~determined~~and ~~material~~directors; ~~weaknesses occurred over our internal control over financial reporting as discussed below.~~and

93. ~~Table~~Provide reasonable assurance regarding prevention or timely detection of ~~Contents~~unauthorized acquisition, use or disposition of company assets that could have a material effect on our financial statements.

~~The~~Management ~~matters~~assessed ~~involving~~the ~~internal~~effectiveness ~~controls~~of ~~and procedures that~~ the Company’s ~~management~~internal ~~considered~~control toover befinancial ~~material~~reporting ~~weaknesses~~based ~~under~~on the ~~standards~~criteria offor ~~the~~effective ~~Public~~internal ~~Company~~control ~~Accounting~~over ~~Oversight~~financial ~~Board~~reporting ~~were:~~established ~~(1)~~in ~~lack~~SEC ofguidance aon ~~functioning~~conducting ~~audit~~such ~~committee~~assessments ~~and~~as ~~lack~~ of athe ~~majority~~end of ~~outside directors on~~ the ~~Company's~~period ~~board~~covered ofby ~~directors,~~this ~~resulting~~report. inManagement ~~ineffective~~conducted ~~oversight in~~ the ~~establishment~~assessment ~~and~~based ~~monitoring~~on ofcertain ~~required~~criteria ~~internal~~established ~~controls~~in ~~and~~Internal ~~procedures;~~Control ~~(2)~~- ~~inadequate~~Integrated ~~segregation~~Framework ofissued ~~duties~~by ~~consistent with control objectives; (3) insufficient written policies and procedures for accounting and financial reporting with respect to~~ the ~~requirements~~Committee ~~and application~~ of USSponsoring ~~GAAP~~Organizations ~~and~~of ~~SEC~~the ~~disclosure~~Treadway ~~requirements;~~Commission ~~and~~in ~~(4)~~2013. ~~ineffective~~As ~~controls~~of ~~over~~August ~~period~~31, ~~end~~2022, ~~financial~~management ~~disclosure~~determined ~~and reporting processes. Due to these~~ material weaknesses ~~management~~occurred ~~concluded~~over ~~that~~ our internal control over financial reporting ~~was not effective~~ as ofdiscussed ~~August 31, 2021~~below.

Table of Contents

The matters involving internal controls and procedures that the Company’s management considered to be material weaknesses under the standards of the Public Company Accounting Oversight Board were: (1) lack of a functioning audit committee and lack of a majority of outside directors on the Company's board of directors, resulting in ineffective oversight in the establishment and monitoring of required internal controls and procedures; (2) inadequate segregation of duties consistent with control objectives; (3) insufficient written policies and procedures for accounting and financial reporting with respect to the requirements and application of US GAAP and SEC disclosure requirements; and (4) ineffective controls over period end financial disclosure and reporting processes. Due to these material weaknesses management concluded that our internal control over financial reporting was not effective as of August 31, 2022.

Material Weakness Discussion and Remediation

Management believes that the material weaknesses set forth in items (2), (3) and (4) above did not have an effect on the Company's previous reported financial results. However, management believes that the lack of a functioning audit committee and lack of a majority of outside directors on the Company's board of directors, resulting in ineffective oversight in the establishment and monitoring of required internal controls and procedures can result in the Company's determination to its financial statements for the future periods.

We are committed to improving our financial organization. As part of this commitment, we will create a position to segregate duties consistent with control objectives and will increase our personnel resources and technical accounting expertise within the accounting function when funds are available to the Company: i) Appointing one or more outside directors to our board of directors who shall be appointed to the audit committee of the Company resulting in a fully functioning audit committee who will undertake the oversight in the establishment and monitoring of required internal controls and procedures; and ii) Preparing and implementing sufficient written policies and checklists which will set forth procedures for accounting and financial reporting with respect to the requirements and application of US GAAP and SEC disclosure requirements.

Management believes that the appointment of one or more outside directors, who shall be appointed to a fully functioning audit committee, will remedy the lack of a functioning audit committee and a lack of a majority of outside directors on the Company's Board. In addition, management believes that preparing and implementing sufficient written policies and checklists will remedy the following material weaknesses (i) insufficient written policies and procedures for accounting and financial reporting with respect to the requirements and application of US GAAP and SEC disclosure requirements; and (ii) ineffective controls over period end financial close and reporting processes. Further, management believes that the hiring of additional personnel who have the technical expertise and knowledge will result proper segregation of duties and provide more checks and balances within the department. Additional personnel will also provide the cross training needed to support the Company if personnel turn over issues within the department occur. This coupled with the appointment of additional outside directors will greatly decrease any control and procedure issues the company may encounter in the future.

We will continue to monitor and evaluate the effectiveness of our internal controls and procedures and our internal controls over financial reporting on an ongoing basis and are committed to taking further action and implementing additional enhancements or improvements, as necessary and as funds allow.

This annual report does not include an attestation report of the 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 temporary rules of the Securities and Exchange Commission that permit the Company to provide only management’s report in this annual report.

Changes in Internal Control Over Financial Reporting

There have been no changes in our internal control over financial reporting identified in connection with the evaluation required by paragraph (d) of Rules 13a-15 or 15d-15 under the Exchange Act that occurred during the small business issuer's last fiscal year that has materially affected, or is reasonably likely to materially affect, our internal control over financial reporting.

ITEM 9B.

OTHER INFORMATION

None.

1012 Table of Contents

PART III

ITEM 10.

DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE

Our executive officers and director are as follows:

Name	Age		~~Position~~	Position
Lei Wang	59	59	~~President, Chief Executive Officer, Treasurer, Chief Financial Officer and Chairman of the Board of Directors~~	President, Chief Executive Officer, Treasurer, Chief Financial Officer and Chairman of the Board of Directors
Ying Zhang	51	51	~~Secretary~~	Secretary

On October 19, 2017, Lei Wang was appointed as Chief Executive Officer, Chief Financial Officer, sole Director, and Richard Rappaport was appointed Secretary, each effective October 19, 2017.On January 18, 2018, Richard Rappaport submitted his resignation as Secretary of China WuYi Mountain, Ltd. (formerly Kokos Group Inc.) (the "Company"), effective immediately. On the same day, Ying Zhang was appointed Secretary, effective immediately.

Business Experience - Current Officer and Directors

Lei Wang

Chief Executive Officer and Director

Mr. Wang has served as the general manager of Wuyishan Tongtai Tea Industry Co., Ltd. since February 2010.

Mr. Wang served as a member of the armed forces in China from February 1979 to February 1983 following his primary and secondary school education. After serving four years in the army, he worked in the tourism industry in Wuyi Mountain, Fujian Province, China. Mr. Wang was one of the pioneers in the tourism industry of Wuyi Mountain. He has unique insight into the tourism development and prospect of Wuyi Mountain, including the planting, production and marketing of Wuyi Mountain tea.

Ying Zhang

Secretary

Ying Zhang has served as a Director of Wuyi Mountain Co., since 2017. Previously, she was the COO of Shenzhen E.C Fashion Company between 2011 and 2015, and the Manager of China Minsheng Bank, between 2015-2017 Manager.

11Director ~~Table of Contents~~Independence

~~Director~~Our ~~Independence~~board of directors is currently composed of one member, Mr. Lei Wang who does not qualify as an independent director in accordance with the published listing requirements of the NASDAQ Global Market. The NASDAQ independence definition includes a series of objective tests, such as that the director is not, and has not been for at least three years, one of our employees and that neither the director, nor any of his family members has engaged in various types of business dealings with us. In addition, our board of directors has not made a subjective determination as to each director that no relationships exist which, in the opinion of our board of directors, would interfere with the exercise of independent judgment in carrying out the responsibilities of a director, though such subjective determination is required by the NASDAQ rules. Our board of directors has not made these determinations, our board of directors have reviewed and discussed information provided by the directors and us with regard to each director’s business and personal activities and relationships as they may relate to us and our management.

~~Our~~Involvement ~~board of directors is currently composed of one member, Mr. Lei Wang who does not qualify as an independent director~~ in ~~accordance~~Legal with the published listing requirements of the NASDAQ Global Market. The NASDAQ independence definition includes a series of objective tests, such as that the director is not, and has not been for at least three years, one of our employees and that neither the director, nor any of his family members has engaged in various types of business dealings with us. In addition, our board of directors has not made a subjective determination as to each director that no relationships exist which, in the opinion of our board of directors, would interfere with the exercise of independent judgment in carrying out the responsibilities of a director, though such subjective determination is required by the NASDAQ rules. Our board of directors has not made these determinations, our board of directors have reviewed and discussed information provided by the directors and us with regard to each director’s business and personal activities and relationships as they may relate to us and our management.Proceedings

~~Involvement~~To inour ~~Legal~~knowledge, ~~Proceedings~~there have been no material legal proceedings during the last ten years that would require disclosure under the federal securities laws that are material to an evaluation of the ability or integrity of any of our directors or executive officers.

ToPotential ~~our~~Conflicts ~~knowledge, there have been no material legal proceedings during the last ten years that would require disclosure under the federal securities laws that are material to an evaluation~~ of ~~the ability or integrity of any of our directors or executive officers.~~Interest

~~Potential~~We ~~Conflicts~~are not aware of ~~Interest~~any current or potential conflicts of interest with our former officers and directors Lei Wang and our secretary Ying Zhang other business interests and his involvement with China WuYi Mountain, Ltd. or our current Officer and Directors of Mr. Lei Wang.

WeITEM are not aware of any current or potential conflicts of interest with our former officers and directors Lei Wang and our secretary Ying Zhang other business interests and his involvement with China WuYi Mountain, Ltd11. orEXECUTIVE ~~our current Officer and Directors of Mr. Lei Wang.~~COMPENSATION

~~ITEM~~Summary ~~11.~~Compensation ~~EXECUTIVE COMPENSATION~~Table

~~Summary~~China ~~Compensation~~WuYi ~~Table~~Mountain, Ltd.., has made no provisions for paying cash or non-cash compensation to its sole officer and director. No salaries are being paid at the present time, and none will be paid unless and until our operations generate sufficient cash flows.

~~China~~The ~~WuYi~~table ~~Mountain,~~below ~~Ltd..,~~summarizes ~~has~~all ~~made~~compensation noawarded ~~provisions~~to, ~~for~~earned ~~paying~~by, ~~cash~~ or ~~non-cash~~paid ~~compensation~~ to ~~its~~our ~~sole~~named executive officer ~~and~~for ~~director.~~all Noservices ~~salaries~~rendered ~~are~~in ~~being~~all ~~paid~~capacities atto ~~the~~us ~~present~~for ~~time,~~the ~~and~~period ~~none~~from ~~will~~August be31, ~~paid~~2020 ~~unless~~through ~~and~~August ~~until~~31, ~~our operations generate sufficient cash flows~~2022.

~~The~~13 ~~table~~Table ~~below~~of ~~summarizes all compensation awarded to, earned by, or paid to our named executive officer for all services rendered in all capacities to us for the period from August 31, 2020 through August 31, 2021.~~Contents

12Summary ~~Table~~Compensation of ~~Contents~~Named Executive Officers

Summary Compensation of Named Executive Officers

Name and Principal Position	Fiscal Year	Salary ($)	Bonus ($)	Stock Awards ($)	Option Awards ($)	All Other Compensation ($)	Total ($)
Lei Wang	2022	-	-	-	-	-	0
President, Chief Executive Officer, Treasurer	2022	-	-	-	-	-	0
Lei Wang	2021	-	-	-	-	-	0

Ying Zhang – Secretary	2022	-	-	-	-	-	0
Ying Zhang - Secretary	2021	-	-	-	-	-	0

Name and Principal Position	Fiscal Year	Salary ($)		Bonus ($)		Stock Awards ($)		Option Awards ($)		All Other Compensation ($)		Total ($)
Lei Wang – President, Chief Executive Officer, Treasurer	2021		-		-		-		-		-		0
Lei Wang – President, Chief Executive Officer, Treasurer	2020		-		-		-		-		-		0
Ying Zhang – Secretary	2021		-		-		-		-		-		0
Ying Zhang – Secretary	2020		-		-		-		-		-		0

Outstanding Equity Awards at Fiscal Year End

~~Outstanding~~We ~~Equity~~did ~~Awards~~not atpay ~~Fiscal~~any ~~Year~~salaries ~~End~~in 2022 or 2021. None of our executive officers received any equity awards, including, options, restricted stock, performance awards or other equity incentives during the fiscal year ended August 31, 2022 and August 31, 2021 for China WuYi Mountain, Ltd.

WeEmployment did not pay any salaries in 2021 or 2020. None of our executive officers received any equity awards, including, options, restricted stock, performance awards or other equity incentives during the fiscal year ended August 31, 2021 and August 31, 2020 for China WuYi Mountain, Ltd.Contracts

~~Employment~~At ~~Contracts~~this time, China WuYi Mountain, Ltd. has not entered into any employment agreements with its sole officer and director. If there is sufficient cash flow available from our future operations, the company may enter into employment agreements with our sole officer and director or future key staff members.

AtStock ~~this~~Awards time, China WuYi Mountain, Ltd. has not entered into any employment agreements with its sole officer and director. If there is sufficient cash flow available from our future operations, the company may enter into employment agreements with our sole officer and director or future key staff members.Plan

The company has not adopted a Stock Awards Plan but may do so in the future. The terms of any such plan have not been determined.

~~The~~14 ~~company~~Table ~~has not adopted a Stock Awards Plan but may do so in the future. The terms~~ of ~~any such plan have not been determined.~~Contents

Director Compensation

The Board of Directors of the Company has not adopted a stock option plan. The company has no plans to adopt it but may choose to do so in the future. If such a plan is adopted, this may be administered by the board or a committee appointed by the board (the “Committee”). The committee would have the power to modify, extend or renew outstanding options and to authorize the grant of new options in substitution therefore, provided that any such action may not impair any rights under any option previously granted. China WuYi Mountain, Ltd., may develop an incentive-based stock option plan for its officers and directors and may reserve up to 10% of its outstanding shares of common stock for that purpose.

The table below summarizes all compensation awarded to, earned by, or paid to our directors for all services rendered in all capacities to us for the period from August 31, ~~2020~~2021 through August 31, ~~2021~~2022.

DIRECTOR COMPENSATION
Name	Fees Earned orPaid inCash($)		~~Stock Awards~~StockAwards($)		Option Awards($)		Non-EquityIncentivePlanCompensation($)		Non-QualifiedDeferredCompensationEarnings($)		AllOtherCompensation($)		Total($)
Lei Wang		0		0		0		0		0		0		0

13Board ~~Table of Contents~~Committees

We have not a Compensation Committee or Nominating and Corporate Governance Committee as of the filing of this Annual Report. Our Board ~~Committees~~of Directors performs the principal functions of an Audit Committee. We currently do not have an audit committee financial expert on our Board of Directors. We believe that an audit committee financial expert is not required because the cost of hiring an audit committee financial expert to act as one of our directors and to be a member of an Audit Committee outweighs the benefits of having an audit committee financial expert at this time.

WeITEM ~~have not a Compensation Committee or Nominating and Corporate Governance Committee as of the filing of this Annual Report~~12. ~~Our~~SECURITY ~~Board~~OWNERSHIP ofOF ~~Directors~~CERTAIN ~~performs~~BENEFICIAL ~~the~~OWNERS ~~principal~~AND ~~functions~~MANAGEMENT ofAND anRELATED ~~Audit~~STOCKHOLDER Committee. We currently do not have an audit committee financial expert on our Board of Directors. We believe that an audit committee financial expert is not required because the cost of hiring an audit committee financial expert to act as one of our directors and to be a member of an Audit Committee outweighs the benefits of having an audit committee financial expert at this time.MATTERS

~~ITEM~~The ~~12.~~following ~~SECURITY~~table ~~OWNERSHIP~~sets OFforth ~~CERTAIN~~certain ~~BENEFICIAL~~information ~~OWNERS~~with ~~AND~~respect ~~MANAGEMENT~~to ~~AND~~the ~~RELATED~~beneficial ~~STOCKHOLDER~~ownership ~~MATTERS~~of our voting securities by (i) each director and named executive officer, (ii) all executive officers and directors as a group; and (iii) each shareholder known to be the beneficial owner of 5% or more of the outstanding common stock of the Company as of August 31, 2022.

~~The~~15 ~~following~~Table ~~table sets forth certain information with respect to the beneficial ownership~~ of our voting securities by (i) each director and named executive officer, (ii) all executive officers and directors as a group; and (iii) each shareholder known to be the beneficial owner of 5% or more of the outstanding common stock of the Company as of August 31, 2021.Contents

Beneficial ownership is determined in accordance with the rules of the SEC. Generally, a person is considered to beneficially own securities: (i) over which such person, directly or indirectly, exercises sole or shared voting or investment power, and (ii) of which such person has the right to acquire beneficial ownership at any time within 60 days (such as through exercise of stock options or warrants). For purposes of computing the percentage of outstanding shares held by each person or group of persons, any shares that such person or persons has the right to acquire within 60 days of August 31, ~~2021~~2022 are deemed to be outstanding but are not deemed to be outstanding for the purpose of computing the percentage ownership of any other person. The inclusion herein of any shares listed as beneficially owned does not constitute an admission of beneficial ownership.

Name and Address of Beneficial Owner	Amount and Nature of ~~BeneficialOwnership~~Beneficial Ownership Common Stock (1)
Directors , Officers and Shareholders	No. of Shares		% of Class
Directors, Officers and Shareholders	No. of Shares		% of Class
Lei Wang President, Chief Executive Officer, Treasurer, Chief Financial Officer, and Chairman of the Board of Directors; 60 Chong’An Island Road, Wuyishan City, Fujian Province, China (2)		20,038,000		23.41	%
Lei Wang President, Chief Executive Officer, Treasurer, Chief Financial Officer, and Chairman of the Board of Directors; 60 Chong’An Island Road, Wuyishan City, Fujian Province, China-		20,038,000		23.41	%
Century Acquisitions – shareholder-(formerly WP Acquisition Company, LLC.,)1900 Ave. of the Stars, Suite 310, Los Angeles, CA 90067 (2)(3)		16,480,000		19.25	%
Century Acquisitions – shareholder-( formerly WP Acquisition Company, LLC., )1900 Ave. of the Stars, Suite 310, Los Angeles, CA 90067		16,480,000		19.25	%
Grand Biotechnology Group,- shareholder- Liaoning, No. 14 Honglin Road, Linsheng Town, Sujiatun District, Liaoning Province, Shenyang, China		20,000,000		23.36	%
All officers. directors and shareholders as a group		56,518,000		66.02	%

(1) Based on 85,600,000 shares of common stock issued and outstanding as of August 31, ~~2021~~2022.

(2)

On October 19, 2017, Jeoffrey C. Baterina, our previous President, Chief Executive Officer, director and majority shareholder, entered into stock purchase agreements (the "Purchase Agreements") for the sale of an aggregate of 40,000,000 shares of Common Stock of the Company, representing approximately 61% of the issued and outstanding shares of Common Stock of the Company as of such date, to nine (9) non-U.S. accredited investors, including Mr. Lei Wang who acquired 20,038,00 shares, or approximately 30.54% of the issued and outstanding shares of common stock, and two U.S. accredited investors, including WP Acquisition Company, LLC who acquired 16,480,000 shares, or approximately 25.12% of the issued and outstanding shares of common stock. The Purchase Agreements were fully executed and delivered on October 19, 2017. The new shareholders other than Lei Wang and WP Acquisition Company, LLC each acquired less than 5% of the outstanding shares. Consequently, Lei Wang and WP Acquisition Company, LLC are now collectively able to unilaterally control the election of our board of directors, all matters upon which shareholder approval is required and, ultimately, the direction of our Company.

(3)

WP Acquisitions Company, LLC., changed its name to Century Acquisitions.

1416 Table of Contents

ITEM 13.

CERTAIN RELATIONSHIP AND RELATED TRANSACTIONS, AND DIRECTOR INDEPENDENCE.

Transactions with Related Persons

During the period ended August 31, ~~2021~~2022, Century Acquisitions (major shareholder of the Company) paid expenses on behalf of the Company of $3832,~~512~~760 ($038,512 for 2020). As of August 31, ~~2021~~2022 and ~~2020~~2021, the balance of due to Century Acquisitions was $84117,~~761~~521 and $4684,~~249~~761. The amounts due to the related party are unsecured and non- interest-bearing with no set terms of repayment.

ITEM 14.

PRINCIPAL ACCOUNTANT FEES AND SERVICES.

Fees paid to Auditors

Audit Fees

The aggregate fees billed for the two most recently completed fiscal years for professional services rendered by our independent auditor, for the audit of our annual financial statements and review of the financial statements that are normally provided by the accountant in connection with statutory and regulatory filings or engagements for those fiscal periods were as follows:

	Year Ended August 31, 2021		Year Ended August 31, 2020
	Year Ended August 31, 2022		Year Ended August 31, 2021
Audit Fees	$	1615,000	$	716,~~500~~000
Audit-Related Fees	$	Nil	$	Nil
Tax Fees	$	Nil	$	Nil
All Other Fees	$	Nil	$	Nil
Total	$	1615,000	$	716,~~500~~000

~~The~~17 ~~SEC~~Table requires that before our independent registered public accounting firm is engaged by us to render any auditing or permitted non-audit related service, the engagement be either: (i) approved by our Audit Committee or (ii) entered into pursuant to pre-approval policies and procedures established by the Audit Committee, provided that the policies and procedures are detailed as to the particular service, the Audit Committee is informed of ~~each service, and such policies and procedures do not include delegation of the Audit Committee’s responsibilities to management.~~Contents

AsThe ofSEC ~~date~~requires ofthat ~~this~~before ~~filing~~our independent registered public accounting firm is engaged by us to render any auditing or permitted non-audit related service, the ~~Company~~engagement ~~does~~be ~~not~~either: ~~have~~(i) anapproved by our Audit Committee. ~~Our~~or ~~Board~~(ii) entered into pursuant to pre-~~approves~~approval ~~all~~policies ~~services~~and ~~provided~~procedures established by ~~our~~the ~~independent~~Audit ~~registered~~Committee, ~~public~~provided ~~accounting~~that ~~firm.~~the ~~All~~policies ofand procedures are detailed as to the ~~above~~particular ~~services~~service, the Audit Committee is informed of each service, and ~~fees~~such ~~paid~~policies ~~during~~and ~~2019~~procedures ~~were~~do ~~pre-approved~~not byinclude ~~our~~delegation ~~Board~~of the Audit Committee’s responsibilities to management.

15As ~~Table~~of date of ~~Contents~~this filing the Company does not have an Audit Committee. Our Board pre-approves all services provided by our independent registered public accounting firm. All of the above services and fees paid during 2022 were pre-approved by our Board.

PART IV

ITEM 15. EXHIBITS, FINANCIAL STATEMENT SCHEDULES

Please see the “Exhibit Index,” which is incorporated herein by reference, following the signature page for a list of our exhibits.

1618 Table of Contents

SIGNATURES

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

	China WuYi Mountain, Ltd.	~~China WuYi Mountain, Ltd.~~
Dated: September 28, 2022		By: /s/ Lei Wang
Dated: February 6, 2023	By:	/s/ Lei Wang
		Lei WangPresident and DirectorPrincipal Executive OfficerPrincipal Financial OfficerPrincipal Accounting Officer

Pursuant to the requirements of the Securities Exchange Act of 1934, 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		Date
/s/ Lei Wang		~~Septembver~~February 286, ~~2022~~2023
Lei WangPresident and DirectorPrincipal Executive OfficerPrincipal Financial OfficerPrincipal Accounting Officer

1719 Table of Contents

EXHIBIT INDEX

3.1		Articles of Incorporation [1]
3.2		By-Laws Inc. [2]
31.1		Certification of Chief Executive Officer pursuant to Rule 13(a)-14(a)/15(d)-14(a) of the Securities Act of 1934
31.2		Certification of Chief Financial Officer pursuant to Rule 13(a)-14(a)/15(d)-14(a) of the Securities Act of 1934 *
32.1		Certification of Chief Executive Officer Executive Officer under Section 1350 as Adopted pursuant Section 906 of the Sarbanes-Oxley Act of 2002
32.2		Certification of Chief Financial Officer under Section 1350 as Adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002. **
101.INS		Inline XBRL Instance Document (the instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document)
101.SCH		Inline XBRL Taxonomy Extension Schema Document
101.CAL		Inline XBRL Taxonomy Extension Calculation Linkbase Document
101.DEF		Inline XBRL Taxonomy Extension Definition Linkbase Document
101.LAB		Inline XBRL Taxonomy Extension Labels Linkbase Document
101.PRE		Inline XBRL Taxonomy Extension Presentation Linkbase Document
104		Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101)

~~_______________~~ [1] Incorporated by reference from the Company’s S-1 filed with the Commission on October 27, 2016.

[12] Incorporated by reference from the Company’s S-1 filed with the Commission on October 2717, 2016.

~~[2]~~* ~~Incorporated~~Included byin ~~reference~~Exhibit ~~from the Company’s S-~~31.1 ~~filed with the Commission on October 17, 2016~~

** Included in Exhibit 3132.1

** Included in Exhibit 32.120

Filing Compare · China WuYi Mountain, Ltd.