Dongxin Xin Chemical (0001475204)

WEB NEWS

Tuesday, May 31, 2011

Reverse Merger Activity

Dongxin Xin Chemical eying up U.S. financial markets

On May 12, 2011, Overseas Faith Limited, a Hong Kong company, entered into a Stock Purchase Agreement with David W. Keaveney pursuant to which Overseas Faith Limited acquired 25,000,000 shares of Common Stock from David W. Keaveney, our then President, for aggregate consideration of $50,000, effective on or before May 23, 2011. The stock acquisition was effective on May 13, 2011. We are not aware of any arrangements that may result in another change in control of the Company. As a result of this transaction, Overseas Faith Limited is the beneficial owner of 100% of our issued and outstanding Common Stock.

Tian Lidong was born in Hebei, China on September 26, 1963. Since 2001, Mr.Lidong has served as President of Hebei Dongxin Industry (Group) Co., Ltd., the largest building materials supermarket wholesale company in Handan City, Hebei Province, China with revenues of approximately U.S. $100,000,000 per year. Mr. Lidong is also an investor in financial operations and commercial real estate. Mr. Lidong received a degree in Economic Management from Handan College in 1999. From 2002 until 2007, Mr. Lidong attended Tsinghua University where he took a High Level Management Course.



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