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<p style="margin-top: 0pt; text-align: justify; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif">Wincash
Apolo Gold & Energy, Inc. (“the Company”) was incorporated in March of 1997 under the laws of the State of Nevada
primarily for the purpose of acquiring and developing mineral properties.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"> </font></p>
<p style="margin-top: 0; text-align: justify; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">On
October 12, 2017, the Company acquired Gain First Group Corporation (“Gain First”), a corporation formed under the
laws of the British Virgin Islands. Gain First has signed a sole agency agreement with De Lassalle Ltd., a wine producer located
in France, to distribute De Lassalle’s wine products in Greater China region. On December 12, 2017, Gain First signed another
sole agency with De Lassalle to distribute De Lassalle’s wine products in South East Asia. With the acquisition of Gain
First, the Company will no longer pursue investment in the mineral exploration and energy related sectors.</font></p>
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">These
condensed interim financial statements have been prepared assuming that the Company will continue as a going concern which contemplates
the realization of assets and the discharge of liabilities in the normal course of business for the foreseeable future.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">As
of March 31, 2018, the Company has incurred accumulated deficits of $16,300,191. The Company’s ability to continue as a
going concern is dependent upon the continuing financial support from its stockholders or external financing. Management believes
the existing stockholders will provide the additional cash to meet with the Company’s obligations as they become due. However,
there can be no assurance that the Company will be able to obtain sufficient funds to meet its obligations.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"> </font></p>
<p style="margin-top: 0; margin-bottom: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">These
factors raise substantial doubt about the Company’s ability to continue as a going concern. These condensed interim financial
statements do not include any adjustments to reflect the possible future effects on the recoverability and classification of assets
or the amounts and classification of liabilities that may result in the Company not being able to continue as a going concern.</font></p>
<p style="margin: 0pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">There have
been no changes in accounting policies those disclosed in the noted to the audited financial statement for the year ended June
30, 2017. The Company has applied the following policies in dealing with significant transactions that occurred in the nine months
ended March 31, 2018:</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 14.2pt; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif"> </font></p>
<table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; font-size-adjust: none; font-stretch: normal">
<tr style="vertical-align: top">
<td style="width: 4%; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"> </font></td>
<td style="width: 4%; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">(a)</font></td>
<td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">In determining whether
the acquisition of a wholly owned subsidiary constitutes a business combination or an asset purchase, the Company used the
guidance under FASB topic <i>805 Business Combinations</i> and FASB <i>Accounting Standards Update (ASU) No 2017-01</i>. The
update requires that an acquisition include inputs and a substantive process in order to be accounted for as a business purchase.</font></td></tr>
<tr>
<td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"> </font></td>
<td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"> </font></td>
<td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"> </font></td></tr>
<tr style="vertical-align: top">
<td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"> </font></td>
<td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">(b)</font></td>
<td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">In recording the
value of intangible assets acquired, the Company uses the guideline under FASB topic <i>350-30 General Intangibles Other than
Goodwill </i>and topic 805-50-30-2 <i>Acquisition of Assets Rather than a Business.</i> That guidance determines that where
consideration given is not in the form of cash, measurement is based on the fair value of the consideration given or the fair
value of the assets acquired, whichever is more clearly evident, and, thus more reliably measurable.</font></td></tr>
</table>
<p style="margin: 0pt; text-align: justify"></p>
<p style="margin-top: 0pt; text-align: justify; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif">The
Company adopts new pronouncements relating to generally accepted accounting principles applicable to the Company as they are issued,
which may be in advance of their effective date. The Company has reviewed all recently issued, but not yet effective, accounting
pronouncements and does not believe the future adoption of any such pronouncements may be expected to cause a material impact
on its financial condition or the results of its operations.</font></p>
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">On
December 1, 2015, the Board of Directors of the Company approved to issue 200,000 shares of restricted common stock at $0.08 per
share for the rendering of consulting services of $16,000 in a service period of twelve months commencing from December 2015.
In August 2016, all 200,000 shares were issued.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">On
July 27, 2017, the Company issued 3,238,431common shares as settlement of $126,800 in advances made by the director of the Company.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">On
July 27, 2017, the Company issued 826,838 common shares as settlement of $32,375 in advances made by the former director of the
Company.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">On
October 12, 2017, the Company completed a private placement of $100,000 and issued 20,000,000 shares of its common stock at a
price of $0.05 per share and used the proceeds to settle all outstanding liabilities with a former director.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">On
October 12, 2007, the Company exchanged 20,000,000 shares of its common stock for 50,000 shares of the common stock of Gain First
Group Corporation (“Gain First”), a corporation formed under the laws of the British Virgin Islands.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">On
December 12, 2017, the Company issued 75,000,000 shares of its common stock to as consideration in lieu of a payment at a deemed
value of $100,000 for Gain First to acquire an agency agreement for exclusive rights to distribute De Lassalle Ltd.’s wine
products in the South East Asia region.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">There
were no stock options, warrants or other potentially dilutive securities outstanding as of March 31, 2018.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">As
of March 31, 2018, there were 141,137,387 shares of common stock issued and outstanding.</font></p>
<p style="margin-top: 0pt; text-align: justify; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif">Certain
related party transactions for the nine months ended March 31, 2018 have been described in Note 8. Common Stock. In addition,
a director advance $64,803 to pay for company expenses during the period. The advances bear no interest or stated terms of repayment
and remain unpaid as at March 31, 2018.</font></p>
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<p style="margin-top: 0pt; text-align: justify; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif">On
October 12, 2007, the Company exchanged 20,000,000 shares of its common stock for 100% of the shares in the common stock of Gain
First a corporation formed under the laws of the British Virgin Islands. As a result of that transaction, Gain First is now a
wholly owned subsidiary of the Company. This acquisition resulted in a change of business direction for the Company, namely the
wine distribution business in the Greater China and South East Asia regions.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"> </font></p>
<p style="margin-top: 0; text-align: justify; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">The
transaction was recorded as an asset purchase as it did not include the purchase of inputs and a substantive process. The asset,
an agency agreement for the China region, was valued using the fair value of the assets acquired ($10,000) as their value was
more clearly evident than the consideration given.</font></p>
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">On
December 12, 2017, the Company issued 75,000,000 shares of its common stock to De Lassalle Ltd. as consideration for Gain First
to acquire an agency agreement for exclusive rights to distribute De Lassalle’s wine products in the South East Asia region.
The exclusive agreement was valued at $10,000, the same value as the exclusive right acquired noted above in Note 6. Asset Acquisition.
No amortization has been recorded on these assets as yet. The Company is in the process of determining their useful life.</font></p>
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<p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
accompanying unaudited condensed financial statements have been prepared by management in accordance with accounting principles
generally accepted in the United States of America (“GAAP”). Certain information and notes disclosures normally included
in audited financial statements prepared in accordance with generally accepted accounting principles have been condensed or omitted
pursuant to those rules and regulations, although the Company believes that the disclosure made is adequate to make the information
not misleading.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 25.9pt; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">While
the information presented in the accompanying interim nine months financial statements is unaudited, it includes all adjustments,
which are, in the opinion of management, necessary to present fairly the financial position, results of operations and cash flows
for the interim periods presented in accordance with accounting principles generally accepted in the United States of America.
These interim financial statements follow the same accounting policies and methods of their application as the Company’s
June 30, 2017 annual financial statements. All adjustments are of a normal recurring nature. It is suggested that these interim
financial statements be read in conjunction with the Company’s June 30, 2017 annual financial statements. Operating results
for the nine months ended March 31, 2018 are not necessarily indicative of the results that can be expected for the year ended
June 30, 2018.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">On
April 3, 2018, the Company entered into a share exchange agreement with Banny International Trading Co., Ltd., a Macau company.
Under the terms of that share exchange agreement, APLL will exchange 36,500,000 shares of APLL common stock and an option to purchase
an additional 36,500,000 shares of APLL common stock in exchange for the brand name “Banny Choice” and the right to
use Banny’s sale and distribution network for the sale of wine under the Banny Choice name in Asia and other parts of the
World.</font></p>
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