King Resources, Inc. (OTC: KRFG) Subsidiary Heavenly Grace Limited Continues with Revenue Milestone with US$205,000 Sale of Rare Collectibles
Rhea-AI Summary
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.
Positive
- Completed collectibles sale totaling US$205,000
- Realized a reported gross profit of ~US$30,000
- Transaction executed with buyer Sunny Hill Technology
Negative
- Some collectible items were returned in December and proved hard to resell
- Sales concentrated to a single known buyer, indicating buyer concentration risk
News Market Reaction – KRFG
In the Apr 14 session, KRFG gained 42.91%, reflecting a significant positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Transaction Highlights
Despite the return of certain collectible items in December which appears to be difficult to seek market buyers, Heavenly Grace Limited continues to execute a series of purchases of high-value asset items at a discounted value, and seek market buyers.
Management Commentary
"We are happy to see more sales coming through the collectibles items that we have selected and acquired," said Polin Wong, CEO of Heavenly Grace Limited. "This sale covers two Modern Imitation Wucai Fu-Shou-Kang-Ning Flowers and Bords Square Vases. We are able to sell them to interested buyer with
Strategic Outlook
Heavenly Grace Limited operates as a wholly-owned subsidiary of OneSolution Holdings Limited, which is wholly owned by King Resources, Inc. (OTC: KRFG). This corporate structure allows HGL to leverage broader capital markets while focusing on its niche expertise in the collectibles sector.
About King Resources, Inc.
King Resources, Inc. (OTC: KRFG) is a diversified holding company focused on acquiring and growing high-potential businesses. Through its subsidiaries, including Heavenly Grace Limited, the Company aims to generate sustainable revenue streams and maximize returns for its investors through business consultation services, as well as investing and selling of high value collectible items.
Forward Looking Statements
This press release contains forward-looking statements. All statements other than statements of historical fact are forward-looking statements, which are often indicated by terms such as "anticipate," "believe," "could," "estimate," "expect," "goal," "intend," "look forward to," "may," "plan," "potential," "predict," "project," "should," "will," "would" and similar expressions. These forward-looking statements may include, but are not limited to, statements regarding future business activities including the expansion into the decentralized financing space. These forward-looking statements are not promises or guarantees and involve substantial risks and uncertainties. Among the factors that could cause actual results to differ materially from those described or projected herein include uncertainties associated with operating a business in
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SOURCE King Resources, Inc.