Merion, Inc. – Increase of Authorized Shares and Amendments to Articles of Incorporation or Bylaws

October 15, 2020 at 9:00 AM

On October 12, 2020, the Board of Directors of Merion, Inc. (the “Company”) approved an amendment (the “Amendment”) to the Company’ Articles of Incorporation to increase the number of authorized shares of common stock of the Company from 200,000,000 to 1,000,000,000 (the “shares Increase”). Also, on October 12, 2020, the stockholder holding a majority of the Company’s outstanding shares of common stock approved the Amendment.

The Amendment was filed with the Secretary of State for the State of Nevada on October 13, 2020 and has become effective on October 13, 2020. On October 15, 2020, the Company has filed the Certificate of Amendment to Articles of Incorporation, FORM-8K, to United States Securities and Exchange Commission (SEC).

- Company Profile -

Merion, Inc is a public US biotechnology company founded in Jan 2007 and registered in the State of Nevada. The head office is in Los
Angeles, California. The Ticker Symbol is EWLU. With the purpose of helping people to improve their quality of their lives with great
nutrition supplement products, we have been making great efforts to provide the best quality products, from the scientific research to
manufacturing and packaging.

Merion, Inc has its own exclusive biological small molecules nutrition formulation. With the worldwide top biotechnology R & D team, we
development and produce 100% plants extracts small molecular nutrition supplements with cell carrier. Merion, Inc. continues to introduce high-tech small molecules +cell carrier nutrient products based on the market demand, and fully expand the market from online and offline through the e-commerce platform, which increases the sales year by year. As our fast development, we will further increase R&D and production of new products, strengthening the independent laboratory building, expand the production scale, increase market supply capacity to meet the needs of market development, especially in fast growing Asia-Pacific market. Our service aims to be honest, caring society and health and making deserved contribution for benefit mankind.

The company focuses on "small molecule + carrier" cell dietary supplements and cell anti-aging research and development. Our biotechnology products are holding a leading position of the industry, which can be called the black technology products in 21st century.

SOURCE MERION, INC- PRESS LEASE DEPARTMENT