UNITED STATES
OMB APPROVAL
 
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
FORM 144
OMB Number:3235-0101
Expires:December 31, 2010
Estimated average burden
hours per response2.0
     
 
NOTICE OF PROPOSED SALE OF SECURITIES
SEC USE ONLY
 
PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
DOCUMENT SEQUENCE NO.
     
    CUSIP NUMBER
     
    WORK LOCATION
     
 
ATTENTION:
Transmit for filing 3 copies of this form concurrently with either placing an order with a broker to execute sale or executing a sale directly with a market maker
 
1 (a) NAME OF ISSUER (Please type or print)
Guanwei Recycling Corp.
(b) IRS IDENT. NO.
98-0669936
(c) S.E.C. FILE NO.
001-34692
   
1 ( d ) ADDRESS OF ISSUER                                                                        STREET                                   CITY                     STATE              ZIP CODE
(e) TELEPHONE NO.
Rong Qiao Economic Zone, Fuqing City, Fujian Province, People’s Republic of China 350301
AREA CODE
 
86-591
NUMBER
 
8536 6197
2 (a) NAME OF PERSON FOR WHOSE ACCOUNT THE SECURITIES ARE TO BE SOLD
Rui Wang
(b) RELATIONSHIP TO ISSUER
Director
(c) ADDRESS STREET                        CITY                   STATE            ZIP CODE
 
Unit 2209, Wuchung House, 213 Queen’s Rd. East , Wanchai, Hong Kong

INSTRUCTION:  The person filing this notice should contact the issuer to obtain the I.R.S. Identification Number and the S.E.C. File Number.
 
3 (a)
(b)
SEC USE ONLY
(c)
(d)
(e)
(f)
(g)
Title of the
Class of
Securities
To Be Sold
 
Name and Address of Each Broker Through Whom the
Securities are to be Offered or Each Market Maker
who is Acquiring the Securities
 
Broker-Dealer
File Number
Number of Shares
or Other Units
To Be Sold
(See instr. 3(c))
Aggregate
Market
Value
(See instr. 3(d))
Number of Shares
or Other Units
Outstanding
(See instr. 3(e))
Approximate
Date of Sale
(See instr. 3(f))
(MO.  DAY  YR.)
Name of Each
Securities
Exchange
(See instr. 3(g))
Common Stock
Aegis Capital Corp
810 Seventh Avenue, 18 th Floor
New York, NY 10019
 
102,000
149,940
10,407,839 as of May 15, 2013
5/17/2013
NASDAQ Capital Market
               
               
 
Potential persons who are to respond to the collection of information contained in this form are not
required to respond unless the form displays a currently valid OMB control number.
 
 

 
INSTRUCTIONS:

1. (a)  Name of issuer
3. (a) Title of the class of securities to be sold
(b)  Issuer’s I.R.S. Identification Number
(b)  Name and address of each broker through whom the securities are intended to be sold
(c)  Issuer’s S.E.C. file number, if any
(c)  Number of shares or other units to be sold (if debt securities, give the aggregate face amount)
(d)  Issuer’s address, including zip code
(d)  Aggregate market value of the securities to be sold as of a specified date within 10 days prior to the filing of this notice
(e)  Issuer’s telephone number, including area code
(e)  Number of shares or other units of the class outstanding, or if debt securities the face amount thereof outstanding, as shown by the most recent report or statement published by the issuer
2. (a)  Name of person for whose account the securities are to be sold
(f)  Approximate date on which the securities are to be sold
(b)  Such person’s I.R.S. identification number, if such person is an entity
(g)  Name of each securities exchange, if any, on which the securities are intended to be sold
(c)  Such person’s relationship to the issuer (e.g., officer, director, 10% stockholder, or member of immediate family of any of the foregoing)
 
(d)  Such person’s address, including zip code
 
 
TABLE I - SECURITIES TO BE SOLD
Furnish the following information with respect to the acquisition of the securities to be sold
and with respect to the payment of all or any part of the purchase price or other consideration therefor:
 
Title of
the Class
Date you Acquired
Nature of Acquisition Transaction
Name of Person from Whom Acquired
(If gift, also give date donor acquired)
Amount of Securities Acquired
Date of Payment
Nature of Payment
Common Stock
April 20, 2012
(1)
Guanwei Recycling Corp.
407,824 (post split)
(1)
(1)
 
 
 
 
 
INSTRUCTIONS:
1.
If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.  
2.
If within two years after the acquisition of the securities the person for whose account they are to be sold had any short positions, put or other option to dispose of securities referred to in paragraph (d)(3) of Rule 144, furnish full information with respect thereto.  
 
TABLE II - SECURITIES SOLD DURING THE PAST 3 MONTHS
Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.
 
 
Name and Address of Seller
 
Title of Securities Sold
 
Date of Sale
Amount of
Securities Sold
 
Gross Proceeds
       
 
 
 
 
 
 
 
 
 

 
 
EXPLANATION OF RESPONSES:
(1) The Issuer entered into an Indebtedness Conversion Agreement with Chenxin International Limited (“Chenxin”), which is controlled by Mr. Rui Wang, pursuant to which the Issuer issued 407,824 shares of its common stock to Chenxin at $3.60 per share in consideration for the cancellation by Chenxin of certain advances equal to $1,468,167 made to the Issuer from 2009 to 2011 (the number of shares and the price per share is based on a post stock split basis at a ratio of 1-for-2).

REMARKS:
 
 
ATTENTION:  Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)
 

INSTRUCTIONS:
See the definition of “person” in paragraph (a) of Rule 144. Information is to be given not only as to  the person for whose account the securities are to be sold but also as to all other persons included  in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
 
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed.
 
  5/17/2013   /s/ Rui Wang  
  DATE OF NOTICE  
(SIGNATURE)
 
         
The notice shall be signed by the person for whose account the securities are to be sold. At least one copy of the notice shall be manually signed.
Any copies not manually signed shall bear typed or printed signatures.
 
 
 

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