Item 1.01 Entry into Material Definitive Agreement

On December 15, 2022, Savmobi Technology, Inc. ("SVMB," or the "Company") entered into a share exchange agreement (the "Share Exchange Agreement") with Intellegence Parking Group Limited ("Intellegence"), a Cayman Island company formed on June 29, 2022, Chen Xinxin ("Xinxin"), the officer and director, and control shareholder of Intelligence and the shareholders of Intelligence (the "Shareholders"). Under the Share Exchange Agreement, One Hundred Percent (100%) of the ownership interest of Intellegence was exchanged for 1,000,000,000 shares of common stock of SVMB issued to the Shareholders, in accordance with the Share Exchange Agreement. The former stockholders of Intellegence will acquire a majority of the issued and outstanding common stock as a result of the share exchange transaction. The transaction has been accounted for as a recapitalization of the Company, whereby Intellegence is the accounting acquirer.

Also on December 15, 2022, SVMB, Intelligence, and McMurdo Law Group, LLC entered into an escrow agreement whereby the shares of SVMB to be issued to the Shareholders shall be issued upon execution of the Share Exchange Agreement and held in escrow by McMurdo Law Group, LLC, subject to completion of the applicable audited financial statements of Intelligence.

Immediately after completion of such audit and the share exchange, the Company will hold a total of 200,000,000 issued and outstanding shares of Intellegence. Zhang Guowei is the sole director of Intellegence Parking Group Limited.

Item 9.01 Financial Statements and Exhibits.





(d) Exhibits.

10.1 Share Exchange Agreement, by and among Savmobi Technology, Inc.,

Intellegence Parking Group Limited, Chen Xinxin, and the shareholders of

Intelligence Parking Group Limited, dated December 15, 2022.

10.2 Escrow Agreement, by and among Savmobi Technology, Inc., Intellegence

Parking Group Limited, and McMurdo Law Group, LLC.

104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

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