MPJS Group ^{Filed Terms, Nasdaq: MPJS}

MPJS is a holding company established under the laws of the BVI in September 2023. The Operating Subsidiaries are jewelry retailers based in Hong Kong with a loyal customer base. In recent years, MPJ also engaged in the trading of recycled gold products, where it purchases used gold jewelry and platinum jewelry from the public for resale. As of the date of this prospectus, we have five retail stores located in densely populated areas or community shopping malls close to residential, industrial or commercial areas across different regions in Hong Kong. Our product portfolio caters to the mid-end market targeting middle-income customers with a wide range of items, including (i) gold jewelry (i.e. earrings, rings, pendants, necklaces, bracelets, bangles and beads), gold bars and gold pellets, all of which are made of high-purity gold of 99.99% gold purity (collectively, “Pure Gold Products”), sold by MPJ; (ii) diamond jewelry sold by both the Operating Subsidiaries; (iii) recycled gold, which are gold jewelry products of different purity we acquired from the general public for resale traded by MPJ; and (iv) other products such as silver jewelry, gem-set jewelry, jade and jade jewelry as well as gold jewelry and ornament and other products that are made of various purity of gold (including karat gold which is a mix of pure gold with other metals) sold by both the Operating Subsidiaries.