Minerva Gold Inc (MINR) is a shell company that, as of the 10-K filed 2026-05-11, had no revenue-generating operations. The company reported zero revenue for the fiscal years ended February 28, 2026 and February 28, 2025, with only general and administrative expenses producing net losses in both periods. As of May 8, 2026, 6,570,000 shares of common stock were outstanding, held by 52 shareholders of record. On April 10, 2025, Zhang Chengcheng acquired approximately 76.10% of outstanding shares for $264,600 in cash, constituting a change of control. On April 10, 2026, the company entered into a Letter of Intent to acquire Taizhou Sentian Sanitary Ware Co., Ltd., a China-based manufacturer of bathroom fixtures owned by Zhang Chengcheng. The pending acquisition, expected to close around May 31, 2026, would transform the company into a manufacturer of shower panels, shower enclosures, faucets, and shower columns operating from approximately 12,000 square meters of leased space in Taizhou, Zhejiang Province, China.
- Revenue model
- No revenue was recorded for fiscal years ended February 28, 2026 or February 28, 2025. The company had no operating business as of the filing date. The pending acquisition of Taizhou Sentian Sanitary Ware Co., Ltd. would introduce a product-sales revenue model from manufactured sanitary ware, but no transaction had closed as of the filing date.
- Products and services
- No products or services as of the filing date. The pending acquisition target, Taizhou Sentian Sanitary Ware Co., Ltd. (founded 2008, Taizhou, Zhejiang Province, China), manufactures shower panels, simple shower enclosures, garden and outdoor showers, faucets, and shower columns.
- Customers and end markets
- Not disclosed in the filing. No customers as of the filing date given no active operations.
- Value-chain role
- Shell company with no active value-chain role as of the filing date. The pending acquisition target, Taizhou Sentian, operates as a manufacturer of sanitary ware and bathroom fixtures with approximately 100 staff in approximately 12,000 square meters of leased production space.
- Geographic exposure
- Principal executive offices listed in Jiangsu Province. The pending acquisition target operates in Taizhou, Zhejiang Province, China, near Taizhou Luqiao Airport, high-speed rail, and port access.
Source: SEC 10-K, filed 2026-05-11
Industry:
Metal Mining