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Form 10-Q/A SavMobi Technology Inc. For: Aug 31

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UNITED
STATES

SECURITIES
AND EXCHANGE COMMISSION

Washington,
D.C. 20549

 

FORM
10-Q/A

Amendment
No. 2
 

 

[X]
QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

 

For
the quarterly period ended August 31, 2020

 

Or

 

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

 

For
the transition period from __________ to __________

 

Commission
File Number 333-206804

 

  SavMobi
Technology Inc.
 
  (Exact
name of registrant as specified in its charter)
 

 

Nevada   47-3240707
(State
or other jurisdiction of
incorporation or organization)
  (I.R.S.
Employer
Identification No.)

 

Room
502, Unit 1, Building 108, Red Star Sea Phase 3, Dalian Development Zone, Dalian, Liaoning, China

(Address
of principal executive offices) (Zip Code)

 

+86
18904082566

(Registrant’s
telephone number, including area code)

 

Travessa
do Cais, No. 3A, Edg. Kai Lei, Macau, 999078

(Former
name, former address and former fiscal year, if changed since last report)

 

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

 

Title
of each class
  Trading
Symbol(s)
  Name
of each exchange on which registered
None   N/A   N/A

 

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. [X] Yes [  ] No

 

Indicate
by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted 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 such files).

[X]
Yes [  ] No

 

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

 

Large
accelerated filer [  ]
Accelerated
filer [  ]
Non-accelerated
filer [  ]
Smaller
reporting company [X]
  Emerging
Growth Company [X]

 

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 Exchange Act). [X] Yes [  ]
No

 

As
of August 31, 2020, there were 61,900,000 shares of common stock issued and outstanding.

 

 

 

FORM
10-Q

TABLE
OF CONTENTS

 

 

 

PART
I—FINANCIAL INFORMATION

 

Item
1. Financial Statements

 

SAVMOBI
TECHNOLOGY INC.

BALANCE
SHEETS

 

    August 31,     May 31,  
    2020     2020  
    (Unaudited)        
ASSETS                
Current assets                
Cash and cash equivalents   $     $  
Total current assets            
                 
TOTAL ASSETS   $     $  
                 
LIABILITIES AND STOCKHOLDERS’ DEFICIT                
Current liabilities                
Accounts payable and accrued liabilities   $     $  
Due to related party            
Total current liabilities            
                 
Stockholders’ deficit                
Common stock ($.001 par value, 75,000,000 shares authorized, 61,900,000 shares issued and outstanding as of August 31, 2020 and May 31, 2020, respectively)     61,900       61,900  
Additional paid in capital     114,197       114,197  
Accumulated deficit     (176,097 )     (176,097 )
Total stockholders’ deficit            
                 
TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT   $     $  

 

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

 

 

SAVMOBI
TECHNOLOGY INC.

STATEMENTS
OF OPERATIONS

(Unaudited)

 

   

Three months

ended

August 31, 2020

   

Three months

ended

August 31, 2019

 
Operating expenses                
General and administrative expenses   $     $  
Professional expenses            
Total operating expenses            
                 
Other income                
Exchange gain (loss)            
Total other income (expense)   $     $  
                 
Net loss   $     $  
Net loss per common share – Basic and Diluted   $ (0.00 )   $ (0.00 )
Weighted average number of shares outstanding     61,900,000       61,900,000  

 

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

 

 

SAVMOBI
TECHNOLOGY INC.

STATEMENTS
OF STOCKHOLDERS EQUITY

 

    Common Stock     Additional Paid-in     Stock Subscription     Accumulated        
    Shares     Amount     Capital     Receivable     Deficit     Total  
Balance, May 31, 2018     61,900,000     $ 61,900     $ 114,197     $     $ (176,097 )   $  
                                                 
Net income for the year ended May 31, 2019                                    
                                                 
Balance, May 31, 2019     61,900,000       61,900       114,197             (176,097 )      
                                                 
Net income for the year ended May 31, 2020                                      
                                                 
Balance, May 31, 2020     61,900,000     $ 61,900     $ 114,197     $     $ (176,097 )   $  
                                                 
Net income for the quarter ended August 31, 2020                                    
                                                 
Balance, August 31, 2020     61,900,000     $ 61,900     $ 114,197     $     $ (176,097 )   $  

 

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

 

 

SAVMOBI
TECHNOLOGY INC.

STATEMENTS
OF CASH FLOWS

(Unaudited)

 

      Three months
ended
August 31, 2020
      Three months
ended
August 31, 2019
 
Cash flows from operating activities:                
Net loss   $     $  
Adjustments to reconcile net loss to net cash used in operating activities:                
Stock-based compensation            
Changes in operating assets and liabilities:                
Accounts payables and accrued liabilities            
Net cash used in operating activities            
                 
Cash flows from financing activity:                
Proceeds from related parties            
Net cash provided by financing activity            
                 
Net decrease in cash and cash equivalents            
Cash and cash equivalents, beginning of period            
Cash and cash equivalents, end of period   $     $  
                 
SUPPLEMENTAL CASH FLOW DISCLOSURES:                
Interest paid   $     $  
Income taxes paid   $     $  
                 
NON-CASH TRANSACTIONS:                
Operating expense paid by related party   $     $  
Accounts payable paid off by related party   $     $  

 

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

 

 

SAVMOBI
TECHNOLOGY INC.

NOTES
TO FINANCIAL STATEMENTS

(Unaudited)

 

NOTE
1 – NATURE OF OPERATIONS AND BASIS OF PRESENTATION

 

On
March 6, 2015, SavMobi Technology Inc. (“the Company”, “we”, “us” or “our”) was
incorporated in the State of Nevada and established a fiscal year end of May 31. Initially the business platform was in providing
application software to a global vendor platform to connect people to businesses and provide a new shopping experience. The Company’s
previous principal offices are located in 73B Bank Avenue, Amritsar, Punjab, 143001, India.

 

On
May 18, 2017, Lakwinder Singh Sidhu, the Company’s former Director and CEO, completed a transaction with New Reap Global
Ltd., by which New Reap Global Ltd. acquired 32,500,000 shares of common stock, representing 68.4{14cc2b5881a050199a960a1a3483042b446231310e72f0dc471a7a1eddd6b0c3} ownership of the Company. After
the change of ownership, the Company’s current principal offices are located in Travessa do Cais, No 3A, Edg. Kai Lei, Macau.

 

On
March 19, 2018 New Reap Global transferred 250,000 restricted shares to Eng Wah Kung

 

On
May 10th and 30th 2018, 16,959,684 were transferred to Arden Wealth and Trust. 2,000,000 shares are free trading from HongLing
Shang, 559,684 restricted shares from New Reap Global, LTD and 2,400,000 each from Xuedong Zhang, Jingmei Jiang, Qianxian, Yulan
Qi, Baoxin Song, Jianlong Wu.

 

On
June 15, 2018 New Reap Global transferred 690,316 restricted shares to EMRD Global Holdings.

 

On
June 26, 2018 New Reap Global transferred 3,000,000 restricted shares to FORTRESS ADVISORS, LLC and 3,000,000 to Baywall Inc.

 

The
Company has not yet implemented its initial and new business model and to date has generated no revenues.

 

NOTE
2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

 

Basis
of Presentation

 

The
accompanying unaudited financial statements have been prepared in accordance with generally accepted accounting principles for
financial information and with the instructions to Form 10-Q. They do not include all information and footnotes required by United
States generally accepted accounting principles for complete financial statements. In the opinion of Management, all adjustments
considered necessary for a fair presentation, consisting solely of normal recurring adjustments, have been made. Operating results
for the three months ended August 31, 2020 are not necessarily indicative of the results that may be expected for the year ending
May 31, 2021.

 

Use
of Estimates

 

The
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. The management
makes its best estimate of the outcome for these items based on information available when the financial statements are prepared,
however, actual results could differ from those estimates.

 

Fair
Value of Financial Instruments

 

Fair
value is the price that would be received from selling an asset or paid to transfer a liability in an orderly transaction between
market participants at the measurement date. When determining the fair value measurements for assets and liabilities required
or permitted to be recorded at fair value, the Company considers the principal or most advantageous market in which it would transact
and it considers assumptions that market participants would use when pricing the asset or liability.

 

 

Authoritative
literature provides a fair value hierarchy that requires an entity to maximize the use of observable inputs and minimize the use
or unobservable inputs when measuring fair value. A financial instrument’s categorization within the fair value hierarchy
is based upon the lowest level of input that is significant to the fair value measurement as follows:

 

Level
– 1: defined as observable inputs such as quoted prices in active markets;

 

Level
– 2: defined as inputs other than quoted prices in active markets that are either directly or indirectly observable; and

 

Level
– 3: defined as unobservable inputs in which little or no market data exists, therefore requiring an entity to develop its own
assumptions.

 

The
carrying amounts of accounts payables and accrued liabilities approximate its fair value due to its relatively short-term maturity.

 

It
is not, however, practical to determine the fair value of amounts due to related party because the transactions cannot be assumed
to have been consummated at arm’s length, the terms are not deemed to be market terms, there are no quoted values available
for these instruments, and an independent valuation would not be practical due to the lack of data regarding similar instruments,
if any, and the associated potential costs.

 

Related
Party Transactions

 

A
related party is generally defined as (i) any person that holds 10{14cc2b5881a050199a960a1a3483042b446231310e72f0dc471a7a1eddd6b0c3} or more of the Company’s securities and their immediate
families, (ii) the Company’s management, (iii) someone that directly or indirectly controls, is controlled by or is under
common control with the Company, or (iv) anyone who can significantly influence the financial and operating decisions of the Company.
A transaction is considered to be a related party transaction when there is a transfer of resources or obligations between related
parties. The Company conducts business with its related parties in the ordinary course of business.

 

Transactions
involving related parties cannot be presumed to be carried out on an arm’s-length basis, as the requisite conditions of
competitive, free market dealings may not exist. Representations about transactions with related parties, if made, shall not imply
that the related party transactions were consummated on terms equivalent to those that prevail in arm’s-length transactions
unless such representations can be substantiated.

 

Stock-based
Compensation

 

The
Company accounts for stock-based compensation issued to non-employees in accordance with the provisions of ASC 505-50, “
Equity – Based Payments to Non-Employees”. Measurement of share-based payment transactions with non-employees
is based on the fair value of whichever is more reliably measurable: (a) the goods or services received; or (b) the equity instruments
issued. The fair value of the share-based payment transaction is determined at the earlier of performance commitment date or performance
completion date.

 

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.

 

 

NOTE
3 – GOING CONCERN

 

The
accompanying unaudited financial statements have been prepared assuming that the Company continues as a going concern. As shown
in the accompanying unaudited financial statements, the Company has working capital deficit of $0 as of August 31, 2020, and has
generated no cash flows from operating activities for the three months ended August 31, 2020. 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.

 

The
financial statements do not include any adjustments relating to the recoverability and classification of asset carrying amounts
or the amount and classification of liabilities that may result should the Company be unable to continue as a going concern.

 

NOTE
4 – RELATED PARTY TRANSACTIONS

 

None.

 

The
Company’s executive office is located at Travessado Cais, No.3A, Edg. Kai Lei, Macau. This office is furnished to the Company
by a friend of the CEO at no charge.

 

NOTE
5 – COMMON STOCK

 

As
of August 31, 2020, there were 61,900,000 shares outstanding.

 

NOTE
6 – SUBSEQUENT EVENTS

 

On
November 10, 2020, ten (10) shareholders of the Company, including affiliates Arden Wealth & Trust (Switzerland) AG and New
Reap Global Limited, entered into stock purchase agreements with an aggregate of nineteen (19) non-U.S. accredited investors (the
“Purchase Agreements”) to sell an aggregate of 42,440,316 shares of common stock of SavMobi Technology, Inc. (the
“Company”), which represents approximately 68.6{14cc2b5881a050199a960a1a3483042b446231310e72f0dc471a7a1eddd6b0c3} of the issued and outstanding shares of common stock of the Company.

 

The
Purchase Agreements were fully executed and delivered on November 10, 2020. The following persons acquired approximately 10{14cc2b5881a050199a960a1a3483042b446231310e72f0dc471a7a1eddd6b0c3} or
more of the issued and outstanding shares of the Company, and the remaining acquiring shareholders each acquired less than 10{14cc2b5881a050199a960a1a3483042b446231310e72f0dc471a7a1eddd6b0c3}
of the outstanding shares:

 

    Shares to be held     {14cc2b5881a050199a960a1a3483042b446231310e72f0dc471a7a1eddd6b0c3}  
Ma Hongyu     12,999,500       21.00 {14cc2b5881a050199a960a1a3483042b446231310e72f0dc471a7a1eddd6b0c3}
Ye Caiyun     6,190,000       10.00 {14cc2b5881a050199a960a1a3483042b446231310e72f0dc471a7a1eddd6b0c3}
Wang Zhong     6,250,000       10.10 {14cc2b5881a050199a960a1a3483042b446231310e72f0dc471a7a1eddd6b0c3}
He Xiaoyong     6,250,000       10.10 {14cc2b5881a050199a960a1a3483042b446231310e72f0dc471a7a1eddd6b0c3}

 

In
addition, on November 10, 2020, Mr. Poh Kee Liew and Mr. Gim Hooi Ooi, submitted their resignations from all executive officer
positions with the Company, including Chief Executive Officer and Chief Financial Officer, respectively, effective immediately.
In addition, Mr. Poh Kee Liew and Mr. Gim Hooi Ooi, the sole member of the Company’s board of directors, appointed Ma Hongyu
as Director and Chairman of the Board,and following such appointment, Messrs. Liew and Ooi submitted their resignations as members
of the Board, which resignations were effective immediately. On November 10, 2020, Ma Hongyu was also appointed as Chief Executive
Officer, Chief Financial Officer, President, Secretary and Treasurer, effective immediately.

 

 

Item
2. Management’s Discussion and Analysis of Financial Condition and Results of Operations.

 

Forward
looking statement notice

 

This
section of this Form 10-Q includes a number of forward-looking statements that reflect our current views with respect to future
events and financial performance. Forward-looking statements are often identified by words like believe, expect, estimate, anticipate,
intend, project and similar expressions, or words which, by their nature, refer to future events. You should not place undue certainty
on these forward-looking statements. These forward-looking statements are subject to certain risks and uncertainties that could
cause actual results to differ materially from our predictions.

 

Results
of Operations

 

We
had no revenue for the three month periods ended August 31, 2020 and 2019. We incurred no operating expenses in the three month
periods ended August 31, 2020 and 2019. Our operating expenses include general and administrative expenses and professional services
expenses.

 

We
incurred no general and administrative expenses for the three month period ended August 31, 2020 and 2019.

 

As
a result, we generated no income or loss for the three month periods ended August 31, 2020 and 2019.

 

Capital
Resources and Liquidity

 

Our
auditors have issued a “going concern” opinion, meaning that there is substantial doubt if we can continue as an on-going
business for the next twelve months unless we obtain additional capital. No substantial revenues are anticipated until we have
implemented our plan of operations.

 

New
management has taken over the Company since May 18, 2017. The Company has not yet opened any corporate bank account.

 

Off-balance
sheet arrangements

 

We
do not have any off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on our financial
condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital
resources that is material to investors.

 

Item
3. Quantitative and Qualitative Disclosures about Market Risk.

 

We
are a smaller reporting company as defined by Rule 12b-2 of the Exchange Act and are not required to provide the information required
under this item.

 

Item
4. Controls and Procedures.

 

Evaluation
of Disclosure Controls and Procedures

 

We
are required to maintain “disclosure controls and procedures” as such term is defined in Rule 13a-15(e) under the
Securities Exchange Act of 1934. In designing and evaluating our disclosure controls and procedures, our management recognized
that disclosure controls and procedures, no matter how well conceived and operated, can provide only reasonable, not absolute,
assurance that the objectives of disclosure controls and procedures are met. Additionally, in designing disclosure controls and
procedures, our management necessarily was required to apply its judgment in evaluating the cost-benefit relationship of possible
disclosure controls and procedures. The design of any disclosure controls and procedures also is based in part upon certain assumptions
about the likelihood of future events, and there can be no assurance that any design will succeed in achieving its stated goals
under all potential future conditions. Based on their evaluation as of the end of the period covered by this report, our Chief
Executive Officer and Chief Financial Officer have concluded that our disclosure controls and procedures were not effective such
that the information relating to our company, required to be disclosed in our Securities and Exchange Commission reports (i) is
recorded, processed, summarized and reported within the time periods specified in SEC rules and forms and (ii) is accumulated
and communicated to our management, to allow timely decisions regarding required disclosure as a result of continuing weaknesses
in our internal control over financial reporting.

 

As
disclosed in our Annual Report on Form 10-K for the year ended May 31, 2020, based on management’s assessment of the effectiveness
of our internal controls over financial reporting, management concluded that our internal controls over financial reporting were
not effective as of May 31, 2020, due to: (1) lack of a functioning audit committee and lack of a majority of outside directors
on the Company’s board of director; (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; (4) ineffective controls over period end financial disclosure and reporting processes; and
(5) lack of control procedures to ensure all the related parties transactions are approved following the Company’s approval
policy. Management believes the above weakness constitute material weaknesses in our internal control over financial reporting.
Until such time, if ever, that we remediate the material weakness in our internal control over financial reporting we expect that
the material weaknesses in our disclosure controls and procedures will continue.

 

Changes
in Internal Control Over Financial Reporting

 

There
were no changes in our internal control over financial reporting (as defined in Rule 13a-15(f) or 15d-15(f)) during the period
covered by this report, that have materially affected, or are reasonably likely to materially affect, our internal controls over
financial reporting.

 

 

PART
II—OTHER INFORMATION

 

Item
1. Legal Proceedings.

 

Currently
we are not involved in any pending litigation or legal proceeding.

 

Item
1A. Risk Factors.

 

We
are a smaller reporting company as defined by Rule 12b-2 of the Exchange Act and are not required to provide the information required
under this item.

 

Item
2. Unregistered Sales of Securities and Use of Proceeds.

 

None

 

Item
3. Defaults Upon Senior Securities.

 

None

 

Item
4. Mine Safety Disclosures.

 

None

 

Item
5. Other Information.

 

None

 

Item
6. Exhibits.

 

 

 

SIGNATURES

 

Pursuant
to the requirements 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.

 

  SavMobi
Technology Inc.
  (Registrant)
     
Date:
January 14, 2021
By: /s/
Ma Hongyu
    Ma
Hongyu
    Chief
Executive Officer
    Chief
Financial Officer

 

 

 

EXHIBIT
31.1

 

CERTIFICATIONS

 

I,
Ma Hongyu, certify that:

 

1. I
have reviewed this amendment to quarterly report of SavMobi Technology Inc.;
   
2. Based
on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary
to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect
to the period covered by this report;
   
3. Based
on my knowledge, the financial statements, and other financial information included in this report, fairly present in all
material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods
presented in this report;
   
4. The
registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and
procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined
in the Exchange Act Rules 13a-15(f) and 15d – 15(f)) for the registrant and have:

 

  a) Designed
such disclosure controls and procedures, or caused such controls and procedures to be designed under our supervision, to ensure
that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others
within those entities, particularly during the period in which this report is being prepared;
     
  b) Designed
such internal controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision,
to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements
for external purposes in accordance with generally accepted accounting principles;
     
  c) Evaluated
the effectiveness of the registrants disclosure controls and procedures and presented in this report our conclusions about
the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such
evaluation; and
     
  d) Disclosed
in this report any change in the registrants internal control over financial reporting that occurred during the registrants
most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant’s
internal control over financial reporting; and

 

5. The
registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control
over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors
(or persons performing equivalent functions):

 

  a) All
significant deficiencies and material weaknesses in the design or operation of internal controls over financial reporting
which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial
information; and,
     
  b) Any
fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s
internal control over financial reporting.

 

Date:
January 14, 2021
By: /s/
Ma Hongyu
    Ma
Hongyu
    Chief
Executive Officer

 

 

 

EXHIBIT
31.2

 

CERTIFICATIONS

 

I,
Ma Hongyu, certify that:

 

1. I
have reviewed this amendment to quarterly report of SavMobi Technology Inc.;
   
2. Based
on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary
to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect
to the period covered by this report;
   
3. Based
on my knowledge, the financial statements, and other financial information included in this report, fairly present in all
material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods
presented in this report;
   
4. The
registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and
procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined
in the Exchange Act Rules 13a-15(f) and 15d – 15(f)) for the registrant and have:

 

  a) Designed
such disclosure controls and procedures, or caused such controls and procedures to be designed under our supervision, to ensure
that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others
within those entities, particularly during the period in which this report is being prepared;
     
  b) Designed
such internal controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision,
to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements
for external purposes in accordance with generally accepted accounting principles;
     
  c) Evaluated
the effectiveness of the registrants disclosure controls and procedures and presented in this report our conclusions about
the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such
evaluation; and
     
  d) Disclosed
in this report any change in the registrants internal control over financial reporting that occurred during the registrants
most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant’s
internal control over financial reporting; and

 

5. The
registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control
over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors
(or persons performing equivalent functions):

 

  a) All
significant deficiencies and material weaknesses in the design or operation of internal controls over financial reporting
which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial
information; and,
     
  b) Any
fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s
internal control over financial reporting.

 

Date:
January 14, 2021
By: /s/
Ma Hongyu
    Ma
Hongyu
    Chief
Financial Officer

 

 

 

EXHIBIT
32.1

 

CERTIFICATION
PURSUANT TO
18 U.S.C. SECTION 1350,
AS ADOPTED PURSUANT TO
SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

 

In
connection with the Quarterly Report on Form 10-Q/A for the period ended August 31, 2020 of SavMobi Technology Inc., a Nevada
corporation (the “Company”), as filed with the Securities and Exchange Commission on the date hereof (the “Transition
Report”), I, Ma Hongyu, Chief Executive Officer of the Company certify, pursuant to 18 U.S.C. Section 1350 as adopted pursuant
to Section 906 of the Sarbanes-Oxley Act of 2002, that:

 

1.
The Quarterly Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities and Exchange Act of 1934,
as amended; and

 

2.
The information contained in this Quarterly Report fairly presents, in all material respects, the financial condition and results
of operation of the Company.

 

Date:
January 14, 2021
By: /s/
Ma Hongyu
    Ma
Hongyu
    Chief
Executive Officer

 

 

 

EXHIBIT
32.2

 

CERTIFICATION
PURSUANT TO
18 U.S.C. SECTION 1350,
AS ADOPTED PURSUANT TO
SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

 

In
connection with the Quarterly Report on Form 10-Q/A for the period ended August 31, 2020 of SavMobi Technology Inc., a Nevada
corporation (the “Company”), as filed with the Securities and Exchange Commission on the date hereof (the “Transition
Report”), I, Ma Hongyu, Chief Financial Officer of the Company certify, pursuant to 18 U.S.C. Section 1350 as adopted pursuant
to Section 906 of the Sarbanes-Oxley Act of 2002, that:

 

1.
The Quarterly Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities and Exchange Act of 1934,
as amended; and

 

2.
The information contained in this Quarterly Report fairly presents, in all material respects, the financial condition and results
of operation of the Company.

 

Date:
January 14, 2021
By: /s/
Ma Hongyu
    Ma
Hongyu
    Chief
Financial Officer

 

 

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