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King Resources, Inc. reports developments tied to its OTC-traded KRFG common stock and operating subsidiaries, led in recent releases by Heavenly Grace Limited, an indirect wholly owned subsidiary focused on high-value collectible assets. Company updates have covered purchases and sales of rare ceramic and cultural artifacts, buyer placements, refunds or returns of collectible inventory, and related share cancellations.
Earlier company announcements also described Powertech Corporation Limited activity in smart power conversion, Type-C fast chargers, IoT-enabled appliances, and regional channel partnerships in Asia. The news record centers on subsidiary-level operating changes, collectible asset trading, product-market initiatives, and capital actions connected with inventory transactions.
King Resources (OTC: KRFG) subsidiary Heavenly Grace Limited completed the sale of two rare collectible artifacts to Sunny Hill Technology Limited for approximately US$205,000 on April 14, 2026. The company reported a gross profit of about US$30,000 on the transaction and noted prior returned items in December.
Heavenly Grace operates through OneSolution Holdings and is pursuing high-value asset trading by acquiring items at discounted prices and finding market buyers.
King Resources (OTC: KRFG) announced that its indirect wholly owned subsidiary Heavenly Grace Limited returned 35 collectible items to Herbertini Limited and executed the refund clause, resulting in the return and cancellation of 62,624,906 shares of KRFG common stock.
The return was executed on December 30, 2025 due to prolonged delays selling the batch; management says it will pursue more profitable collectibles and expand auction channels to protect investor value.
King Resources (OTC: KRFG) subsidiary Heavenly Grace Limited completed the sale of five rare ceramic collectibles to Mirum Digital Media Limited for a total of US$574,310 on December 22, 2025. Key items: a Ming Xuande vase sold for US$275,000, a Qing gilt enamel gourd vase for US$231,000, and three vases sold collectively for US$68,310. Management framed the transaction as a validation of a strategic shift into high-value asset trading and said proceeds will be reinvested to expand inventory and scale operations.
King Resources, Inc. (OTC: KRFG) announced a Memorandum of Understanding (MOU) with Smart Product Concepts, the owner of Team Cuisine®, to expand into the IoT market. This partnership will enable Powertech, a subsidiary of KRFG, to distribute Team Cuisine® smart kitchen appliances in Asia, promoting energy efficiency and carbon neutrality. The global smart kitchen appliances market is projected to grow significantly, and according to forecasts, the Asia Pacific Household Cooking Appliance Market will reach $44 billion by 2027, showcasing a solid growth potential for KRFG's IoT initiatives.
King Resources (OTC: KRFG) and its subsidiary, Powertech Corporation, have announced a channel partnership to expand into the Malaysian market. This move allows Powertech to introduce its new 65W Type-C fast charger, equipped with a UK plug converter, catering to a growing demand in Malaysia's tech landscape. The Global USB Charger Market is projected to grow from USD 26.88 billion in 2022 to USD 35.93 billion by 2027, highlighting significant market opportunities. CEO William Fu emphasized the high-speed Type-C gadget's potential in driving business growth and meeting competitive market needs.