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Paranovus Entertainment Technology Ltd
No. 11
Dongjiao East Road, Shuangxi, Shunchang
Phone: +86 5997828808p:+86 5997828808 NANPING, FUJ  353001  China Ticker: PAVSPAVS
Business Summary
Paranovus Entertainment Technology Ltd, formerly Happiness Development Group Ltd, is a company mainly engaged in the production of nutritional products. The Company's main businesses are the research and development, manufacturing and sales of nutritional products made from traditional Chinese medicine and animal extracts. The Company's main products include spore powder, cordyceps mycelium products, donkey-hide gelatin solution products, vitamins and dietary supplement products, American ginseng products and other nutrition products. The Company also engages in e-commerce and auto sales through the platforms Happy Buy and Taochejun.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
-Yes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
9/30/20233/31/2023YesYes---

Industries
SIC Code Description
2833 Medicinal chemicals and botanical products
2834 Pharmaceutical preparations
2099 Food preparations, not elsewhere classified
5999 Miscellaneous retail stores, not elsewhere classified
5099 Durable goods, not elsewhere classified
5012 Automobiles and other motor vehicles
7319 Advertising, not elsewhere classified

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Chairman of the Board, Chief Executive Officer XuezhuWang 38 1/1/2021 2/9/2018
Chief Financial Officer JiongBian 54 8/26/2018 8/26/2018
Vice General Manager, Director WenhuiLin 59 11/13/2020 1/1/2007
3 additional Officers and Directors records available in full report.

Business Names
Business Name
2lab3 LLC
Fujian Happiness
Fujian Happiness Biotech Co., Limited
14 additional Business Names available in full report.

General Information
Number of Employees: 80 (As of 3/31/2023)
Outstanding Shares: 7,336,930 (As of 11/29/2023)
Stock Exchange: NASD
Federal Tax Id: 333230170


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Wednesday, April 24, 2024