Yong Bai Chao New Retail is a shell company with no operations, no revenue, and no assets. Originally incorporated in Nevada in 2004 as Boss Minerals, the company has gone through multiple name changes, business pivots, and periods of dormancy over the past two decades, and has never had meaningful operations in its current form. Its sole purpose is to identify and complete a reverse merger or acquisition with an operating business. Management has no specific industry focus or defined criteria for a target, though the company's current name reflects a stated interest in Chinese retail. The company's only practical asset is its public listing on OTC Markets, which a private operating company could use to access U.S. capital markets through a reverse merger, bypassing the traditional IPO process. Any such transaction would likely involve issuing a controlling interest to the target, resulting in significant dilution for existing shareholders. The company has one part-time executive officer who is under no obligation to devote any specific amount of time to company affairs. As of early 2025, the board approved another name change to Nongfu Shop Digital New Retail Co., though this had not yet been filed with Nevada authorities.