About Golden Ally Lifetech Group

Golden Ally Lifetech Group, Inc., a developmental stage company, intends to be a start-up focused on a unique product offering. The company focuses on the development and exploration of water filtration technology and consumer products with Aquaporin (AQP) Bottled Water. It has been working with field experts and research institutions to apply and explore the ability to enhance water filtration for improved body cell absorption in commercialized water products. During the year ended December 31, 2022, the company continued taking steps to implement its business plan, including negating various agreements related to the production, marketing, and distribution of its products, including a supplier agreement with Taucoin Asset Management, LLC and a strategic alliance agreement with Taucoin Asset Management, LLC. The company is focused on its Aquaporin (AQP) Bottled Water project. It has been working closely with experienced field experts and top scientific research institutions to apply the theory of aquaporins into its commercialized products, i.e., the AQP Bottled Water. AQP Bottled Water is the product of a unique water filtration technology derived from raw materials with exclusive access by the company. The advanced technology can enhance water filtration for better body cell absorption. All AQP Bottled Water products are expected to be produced through OEM arrangements and their distribution logistics will also be supported by the OEM partners. AQP Bottled Water is an epoch-making product. The company has been running laboratory tests on its products at the David Geffen School of Medicine at University of California, Los Angeles. High-income households are the company's targeted consumers due to a strong correlation between income level and health spending. The global consumer pool for AQP Bottled Water is estimated at 17.61 million households. Distribution Method for Products In June 2022, the company entered into a Bottling Agreement with Azure Water Bottling of Florida, LLC (Azure) pursuant to which Azure will produce, bottle, label, and ship its AQP active water products. The Bottling Agreement is for an initial one-year term, subject to potential renewal at the election of the company. Azure is an integrated OEM bottler that supplies many beverage products on the market. In July 2022, the company entered into a supplier agreement with Taucoin Asset Management, LLC (TCAM), and entity owned and controlled by a significant shareholder, pursuant to which the company will supply TCAM with the company's AQP water products for sale and distribution on a blockchain-based platform being developed to facilitate sales of its products (the Platform). Also in July 2022, the company and TCAM entered into a strategic alliance agreement (the 'strategic agreement') related to the parties' collaboration and efforts in marketing and selling the company's AQP water products through the platform, selling licenses to clients to access the Platform, and related matters. Marketing The company intends to continue to market its product through TCAM and to avail itself to the promotional activities of other companies and competitors regarding the benefits of premium bottled water products. Competition The company competes indirectly with major international beverage companies, including but not limited to: The Coca-Cola Company, PepsiCo, Inc., The Nestle Group, Dr Pepper Snapple Group, Inc, Danone S.A., The Kraft Heinz Company, and Unilever PLC. History Golden Ally Lifetech Group, Inc. was founded in 2003.