Yinfu Gold Corp.

Yinfu Gold Corporation

Overview

Yinfu Gold Corporation is a Wyoming corporation with primary operations conducted in the People’s Republic of China. The company holds digital assets and a customer database acquired through prior transactions and has funded operations through related-party and private financing.

Identity and domicile

• Legal name: Yinfu Gold Corporation (formerly Ace Lock & Security, Inc.; Element92 Resources Corp.)
• Jurisdiction: Wyoming, USA
• Fiscal year end: March 31
• Principal business office: Suite 1608, Foreign Trade Group Mansion, Dongmen Street, Luohu District, Shenzhen, China 518000
• Corporate status: Limited cash on hand and sustained losses; funding to date has come from directors and significant stockholders

Operations and business focus

• The company no longer pursues mineral exploration opportunities.
• Principal operations are conducted in the PRC through a structure that includes a WOFE and PRC subsidiaries, held via Yinfu International Holdings Limited in Hong Kong.

Acquisitions and assets

• 2014: Acquired China Enterprise Overseas Investment & Finance Group Limited (CEI), including CEI’s customer database and the domain http://www.dahuacheng.com.
• CEI’s customer database was described as containing 31 million members as of November 17, 2014.

Financing and capital activity

• February 10, 2023: Board approved a private placement raising US$120,000.
• Issued 120,000,000 new common shares to six targeted subscribers; proceeds used as working capital.
• Lock-up period: 1 year.
• Private placement effective February 22, 2023.

Financial status

• Revenue: No current source of revenue.
• Income: The company reported losses for the year ended March 31, 2026.
• Cash: Limited; capital contributions and private placements have been used to fund operations.

Employees and human resources

• Current headcount: 3 employees.
• Leadership: Mr. Zhang Hong appointed president and chairman of the board on May 19, 2025.
• Executive compensation: Mr. Zhang Hong’s salary reported at $5,000 per month (from May 2025).
• Hiring plan: Projected addition of up to 20 staff members over the next 12 months (forward-looking).

Key records and corporate history

• Domain asset: http://www.dahuacheng.com (acquired with CEI).
• Customer base: CEI database claimed 31 million members as of November 17, 2014.
• The company has undergone multiple name and capital structure changes, including reverse splits and consolidations documented in filings.

Location and regulatory context

• Operations are concentrated in the PRC.
• The company has identified regulatory considerations in China that affect foreign investment, cross-border financing, and potential listing activities, and it engages professional services for related matters.

Timeline of notable events

• 2005: Incorporated as Ace Lock & Security, Inc. (Wyoming).
• 2010: Name changed to Yinfu Gold Corporation.
• 2014: Increased authorized capital and acquired CEI (domain and customer database).
• 2017: Acquired Yinfu Gold International Holdings Limited (Hong Kong) and its PRC WOFE; accounted for as a common-control business combination.
• 2023: Completed private placement raising US$120,000 and issued 120,000,000 shares.

Business proposition

Yinfu Gold positions itself as a PRC-focused company holding CEI’s digital assets and customer database. The company currently has no operating revenue and relies on related-party and private funding. It is pursuing potential listing-related activities and planned staff growth, subject to capital availability and regulatory approvals.