Entrepreneur Universe Bright Group is a Nevada holding company that conducts substantially all of its operations and business in China through its PRC subsidiary. Such structure involves unique risks to investors in the Company’s common stock. For a detailed description of the risk, see “Risk Factors”, including the risks described under the subsections headed “Risks Related to Our Business and Industry”, “Risks associated with doing business in China” and “Risks Related to the Market for the Company’s Common Stock”. In particular, as we are a China-based company incorporated in Nevada, we face various legal and operational risks and uncertainties related to being based in and having substantially all of our operations in China. The PRC government has significant authority to exert influence on the ability of a China-based company, such as us, to conduct its business, accept foreign investments or list on an U.S. or other foreign exchanges. For example, we face risks associated with regulatory approvals of offshore offerings, anti-monopoly regulatory actions, oversight on cybersecurity and data privacy, as well as the lack of PCAOB inspection on our auditors. Such risks could result in a material change in our operations and/or the value of the Company’s common stock or could significantly limit or completely hinder our ability to offer or continue to offer the Company’s common stock and/or other securities to investors and cause the value of such securities to significantly decline or be worthless. The PRC government also has significant oversight and discretion over the conduct of our business and our operations may be affected by evolving regulatory policies as a result. The PRC government has recently published new policies that significantly affected certain industries, and we cannot rule out the possibility that it will in the future release regulations or policies regarding our industry that could adversely affect our business, financial condition and results of operations. Furthermore, the PRC government has recently indicated an intent to exert more oversight and control over overseas securities offerings and other capital markets activities and foreign investment in China-based companies like us. These risks could result in a material change in our operations and the value of the Company’s common stock, or could significantly limit or completely hinder our ability to offer or continue to offer securities to investors and cause the value of such securities to significantly decline or become worthless. You should pay special attention to the subsection headed “Risks associated with doing business in China” below.
Company profile
Ticker
EUBG
Website
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
ESTELLE REYNA INC, KARMA MEDIA INC, LE GOURMET CO INC, LONESTAR Group Holdings CO, PITBOSS ENTERTAINMENT INC., U.S. ENERGY HOLDINGS INC.
SEC CIK
Corporate docs
Subsidiaries
Entrepreneurship World Technology Holding Group Company Limited • Xi’an Yunchuang Space Information Technology Co., Ltd. ...
IRS number
753025152
EUBG stock data
Latest filings (excl ownership)
8-K
Departure of Directors or Certain Officers
12 Apr 24
10-K
2023 FY
Annual report
28 Mar 24
8-K
ENTREPRENEUR UNIVERSE BRIGHT GROUP Announces 2023 Q3 Financial Results
14 Nov 23
10-Q
2023 Q3
Quarterly report
13 Nov 23
UPLOAD
Letter from SEC
19 Sep 23
CORRESP
Correspondence with SEC
8 Sep 23
UPLOAD
Letter from SEC
6 Sep 23
8-K
ENTREPRENEUR UNIVERSE BRIGHT GROUP Announces 2023 Q2 Financial Results
11 Aug 23
10-Q
2023 Q2
Quarterly report
11 Aug 23
CORRESP
Correspondence with SEC
10 Aug 23
Latest ownership filings
SC 13D/A
TETHYS FOUNTAIN LTD.
16 Jun 23
3
Initial statement of insider ownership
15 Jun 23
SC 13D/A
TETHYS FOUNTAIN LTD.
7 Sep 21
SC 13D/A
NEW FINANCE CONSULTANTS Ltd
7 Sep 21
SC 13D
NEW FINANCE CONSULTANTS Ltd
2 Sep 21
SC 13D
TETHYS FOUNTAIN LTD.
2 Sep 21
3
GUOLIN TAO
1 Sep 21
3
LIJUN YUAN
1 Sep 21
3
JIANYONG LI
1 Sep 21
Financial summary
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