Tianci International, Inc.

The Share Exchange On March 6, 2023 Tianci International, Inc. ( Tianci ), which had previously been a shell corporation with no business operations, completed a share exchange with RQS Capital Limited ( RQS Capital ), in which RQS Capital transferred all of the issued and outstanding capital stock of RQS United Group Limited ( RQS United ) to Tianci, and Tianci issued to RQS Capital 1,500,000 shares of its common stock and paid a cash price of $350,000 (the Share Exchange ). RQS United is a holding company incorporated in the Republic of Seychelles. RQS United has no operations other than holding 90% of the share capital of its subsidiary, Roshing International Co., Limited, a company organized under the laws of Hong Kong ( Roshing ). Shufang Gao and Ying Deng, who are officers and members of Tianci’s Board of Directors are also officers and directors of Roshing. Ying Deng owns the 10% of Roshing that is not owned by RQS United. The Share Exchange was accounted for as a reverse acquisition effected as a recapitalization, wherein RQS United was considered the acquirer for accounting and financial reporting purposes. The assets and liabilities of the acquired entity have been brought forward at their book value and no goodwill has been recognized on Tianci’s financial statements. Overview The Company, through Roshing, provides global logistics services, encompassing booking and transportation arrangement and related logistics solutions.