{"url_path":"/sec/aaql/10-k/2026/item-1","section_key":"item-1","section_title":"Item 1 Business**","topic":"sec","document":{"doc_type":"10-K","doc_date":"2026-07-14","source_url":"https://www.sec.gov/Archives/edgar/data/1672571/0001493152-26-033212-index.html","accession_number":"0001493152-26-033212","cik":"0001672571","ticker":"AAQL","issuer_name":"Antiaging Quantum Living Inc.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1672571/0001493152-26-033212-index.html","primary_entity_key":"0001672571","primary_entity_name":"Antiaging Quantum Living Inc."},"word_count":1294,"has_tables":true,"body_markdown":"**Item\n1. Business**\n\n \n\n**History\nand Overview**\n\n \n\nAntiaging\nQuantum Living Inc., previously known as Achison Inc., (the “Company”) is a New York corporation formed on December 29, 2014.\nOur current principal executive office is 135-27 38th Ave #388, Flushing, NY 11354, New York. Tel: 929-990-3255.\n\n \n\nOn\nJuly 1, 2019 Lansdale Inc, the principal stockholder of the Company (“Seller”) and controlled by the Company’s prior\nPresident, Mr. Wanjun Xie, entered into a Stock Purchase Agreement (the “Agreement”) with Dazhong 368 Inc, (the “Buyer”),\npursuant to which, among other things, Seller agreed to sell to the Buyer, and the Buyer agreed to purchase from Seller, a total of 9,000,000\nshares of Class A Common Stock of the Company of record and beneficially by Seller. The Purchased Shares represented approximately 90%\nof the Company’s issued and outstanding shares of Class A Common Stock, resulting in a change of the control of the Company. Mr.\nDingshan Zhang was appointed as the President and CEO of the Company at the same date.\n\n \n\n3\n\n \n\n \n\nPrior\nto the change of the management team, the Company was engaging in holding or trading securities in the US market, trading spot silver\nin Singapore’s market as well as to trade whisky in the UK market. The Company has changed its focus to operate online advertising\nbusiness through www.dazhong368.com (the “Website”) in the New York area.\n\n \n\nThe\nWebsite was established by Mr. Zhang in 2014 which is mainly focused on customers in the Greater New York area. The Website advertises\ndifferent markets for professional individuals or companies including real estate, services, accounting, legal and so forth. We charge\ncertain fees from these advertisements posted on our Website. The Company expects to generate revenue from the online advertising business\nand we also seek other profitable business at the same time.\n\n \n\nOn\nMarch 21, 2023, Barry Wan entered into a stock purchase agreement acquiring control of 29,215,000 restricted shares of common stock of\nthe Company, representing approximately 97.4% of the Company’s total issued and outstanding common stock from Dazhong 368 Inc and\nSophia 33 Inc, two New York corporations controlled by the Company’s then President, Chief Executive Officer and sole director,\nDingshan Zhang (the “transaction”).\n\n \n\nOn\nApril 10, 2023, during the closing of the transaction, Barry Wan assigned all his shares to New Lite Ventures LLC (A.K.A. “New\nLiving Ventures LLC”, “LLC”), a Delaware Limited Liability Company, with which Barry Wan is the sole member. The foregoing\ntransaction resulted in a change of control of the Company, with LLC 97.4% of the Company’s outstanding Common Stock. Both before\nand after the transactions, the Company had 29,995,000 shares of its common stock outstanding.\n\n \n\nIn\nconnection with the transaction, on April 10, 2023, Mr. Dingshan Zhang resigned from all positions he held with the Company. On April\n10, 2023, Ms. Jing Wan was appointed by our majority shareholder as our Chief Executive Officer, Chief Financial Officer, President and\nDirector. On June 16, 2023, Mr. Barry Wan was approved by Directors Resolution to act as the new Chief Executive Officer, Chief Financial\nOfficer, Treasurer, Secretary, and Chairman of the Board of Directors after Ms. Jing Wan resigned. The Company was renamed as Antiaging\nQuantum Living Inc. on June 14, 2023 by the new management. Along with the name change, the ticker symbol of the Company was modified\nto “AAQL”. The Company plans to continue its existing operations through its website at www.dazhong368.com, which,\nsince 2014, has provided online advertising to different individuals or companies operating in real estate, accounting, legal and other\nprofessional services in the New York City area. Its revenues are generated from advertising fees.\n\n \n\nOn\nOctober 4, 2023, the Board of Directors of the Company approved the appointment of PWN LLP to be the new independent registered public\naccounting firm, as a result of the competitive selection process to determine the independent registered public accounting firm for\nthe financial period ending September 30, 2023. The action effectively dismissed Simon & Edward, LLP as the Company’s independent\nregistered public accounting firm as of October 4, 2023\n\n \n\nOn\nDecember 29, 2023, the Board of Directors of the Company adopted a resolution to expand its operations into the global market, specifically\ntargeting the Asia-Pacific and Chinese markets. In line with this expansion, the Company established multiple business entities as follows:\nAAQL Inc. (“BVI Holding”), a British Virgin Islands Company wholly owned by the Company, AAQL HK Limited (“Hong Kong\nHolding”), a wholly-owned subsidiary of BVI Holding, Antiaging Doctor Hangzhou Holding LTD (“Dao Ling Doctor Hangzhou”),\na wholly-owned subsidiary of Hong Kong Holding, Dao Ling Doctor (Zhejiang) Health Management Limited (“Dao Ling Doctor Zhejiang”),\na wholly-owned subsidiary of Dao Ling Doctor Hangzhou, and Dao Ling Doctor (Huzhou) Health Management Limited ( “Dao Ling Doctor\nHuzhou”), a wholly-owned subsidiary of Dao Ling Doctor Hangzhou. Consequently, this transition eventually shifted the Company from\nbeing categorized as a shell company under 17 CFR § 240.12b-2 to an entity actively conducting business operations through its subsidiaries.\n\n \n\nDao\nLing Doctor Zhejiang’s primary business involves providing professional technical development and maintenance services to distributors\nof the “Dao Ling Doctor” brand, and collecting technical service fees.\n\n \n\nDao\nLing Doctor Huzhou’s primary business involves providing health consulting services (excluding diagnosis and treatment services),\nnetwork and information security software development and big data services, and other services.\n\n \n\nOn\nJune 6, 2024, the holders of a majority of the issued and outstanding voting securities of the Company approved, by written consent,\nan amendment to its Certificate of Incorporation of the Company to increase in the number of authorized shares of common stock of the\nCompany from thirty million (30,000,000) shares of common stock, par value $0.001 per share, to six billion (6,000,000,000) shares of\ncommon stock, par value $0.00001 per share (the “Authorized Capital Increase”). Upon the effectiveness of the Authorized\nCapital Increase, the shares of common stock will be categorized as follows: 1,200,000,000 Class A shares, 1,200,000,000 Class B shares,\n1,200,000,000 Class C shares, 1,200,000,000 Class D shares, and 1,200,000,000 Class E shares.\n\n \n\nOn\nJune 6, 2024, the Certificate of Amendment to the Certificate of Incorporation was filed with New York State Department effectuating\nthe Authorized Capital Increase.\n\n \n\n**Products\nand Services**\n\n \n\nOur\ncurrent services will focus on website development, maintenance and online business advertisement. Meanwhile, we will also search for\ndifferent business opportunities to be acquired by the Company.\n\n \n\nWe\nwill continue to improve our online platform in order to expand our customer base. The potential customer resource of our online advertising\nplatform will be mainly from professional individuals and small companies that will use our platform to promote their services or products\nto their end-users.\n\n \n\n4\n\n \n\n** **\n\n**Strategy**\n\n \n\nOur\nstrategy is to target the small to medium-sized companies as well as the professional individuals that will use our Website to promote\ntheir products or services. Except to build up a customized ID card introduction for each of our customers, we will also help our customers\nto maintain their content information posted under their ID card introduction. We hope this one-stop service will better serve our potential\ncustomers.\n\n \n\n**Competitive\nConditions**\n\n \n\nThe\nonline advertising industry is highly competitive, rapidly evolving and subject to constant technological change and intense marketing\nby providers with similar products and services.\n\n \n\nA\nfew of our competitors have substantially greater financial, technical and marketing resources, larger customer bases, longer operating\nhistories, greater name recognition and more established relationships in the industry than we have. As a result, certain of these competitors\nmay be able to adopt more aggressive pricing policies that could hinder our ability to market our services. We believe that our key competitive\nadvantages are our ability to deliver reliable, high quality service in a cost-effective manner. We cannot provide assurances, however,\nthat these advantages will enable us to succeed against comparable service offerings from our competitors"}