Image International Group, Inc.

Tang Dynasty Investment Group Limited (“Tang Dynasty”) was incorporated under the laws of Hong Kong on March 22, 2017 and its principal office is located at 121 Tung Tsz Shan Road, Ting Kok Tai Po, Ting Kok, New Territories, Hong Kong. It assumed a full ownership and control of Shenzhen GuYue Environmental Protection Technology Co. Ltd (“GuYue”) on November 29, 2017.

Shenzhen GuYue Environmental Protection Technology Co. Ltd (“GuYue”) was incorporated on November 8, 2010 as a domestic company in the People’s Republic of China. It was converted to a Wholly Foreign-Owned Enterprise (“WFOE”) on November 29, 2017. GuYue is mainly an equity holding company.

A group of former shareholders of Tang Dynasty and Yangshuo have filed a claim against the Company for outstanding obligations over an equity transfer. The Company refutes this claim and feels it has fully complied with the obligations under the equity transfer. The case is pending a hearing date, at the legal advice of Company’s counsel no provision was made.

For the three-months periods ended September 30, 2018 and 2017, the Company had a net loss of $227,236 and $309,898, respectively.

For the nine-month period ended September 30, 2018 and 2017, the Company had a net loss of $730,867 and $344,622 respectively. The significant increase in loss before income taxes from operation for the nine-month period ended September 30, 2018 as compare to the nine-month period ended September 30, 2017 is due to expenses such as audit fee, rental expense, salaries related and other general expenses, relating to the acquisition of Yangshuo.