PAVS

Paranovus Entertainment Technology Ltd. (NASDAQ:PAVS) is a Chinese company founded in 2004 that operates in the nutraceutical and dietary supplement industry. Originally known as Happiness Development Group Limited, the company changed its name to Paranovus Entertainment Technology Ltd. in March 2023. Based in Nanping, China, the company has evolved from a traditional supplement manufacturer into a diversified business that combines nutraceutical products with e-commerce platform services and automotive sales operations. The company went public in October 2019 and currently trades as a small-cap stock with significant operational challenges.