Current Report Filing (8-k)
February 21 2017 - 4:38PM
Edgar (US Regulatory)
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of The
Securities Exchange Act of 1934
Date
of report (Date of earliest event reported):
February 21, 2017 (February 11, 2017)
YULONG
ECO-MATERIALS LIMITED
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(Exact
name of registrant as specified in its charter)
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Cayman
Islands
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001-37459
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N/A
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(State
or other jurisdiction
of
incorporation)
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(Commission
File
Number)
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(IRS
Employer
Identification
No.)
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Eastern
End of Xiwuzhuang Village
Jiaodian
Town, Xinhua Area
Pingdingshan,
Henan Province
People’s
Republic of China
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467091
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(Address
of principal executive offices)
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(Zip
Code)
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Registrant’s
telephone number, including area code
+86-375-8888988
N/A
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(Former
name or former address, if changed since last report)
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Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant
under any of the following provisions:
☐
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Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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☐
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Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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☐
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Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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☐
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Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Item 5.02
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Departure
of Directors or Principal Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain
Officers
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Resignation
of Directors
Effective
February 11, 2017, Ms. Alice Io Wai Wu, Mr. Michael W. Harlan and Mr. Guosheng Liu (together the “Former Directors”)
resigned as directors of Yulong Eco-Materials Limited (the “Company”). The decision by the Former Directors
to resign was not the result of any material disagreement with the registrant on any matter relating to the registrant’s
operations, policies or practices.
Appointment
of New Director
Effective
February 11, 2017, the Company’s board of directors appointed Ms. Junfeng Ma, Mr. Yang Li and Mr. Qingsheng Liu (the “New
Directors”) as a new members of the Company’s board of directors to replace the Former Directors. There
is no family relationship among any of the New Directors and any of the Company’s other directors or executive officers.
In addition, the Board has approved the appointment of Ms. Junfeng Ma as Company’s interim chairperson of the audit committee.
While Company believe Ms. Ma’s accounting experience qualifies her to be the chairperson of the audit committee, the Company
is actively searching for a candidate who is an expert with U.S. GAAP rules to chair the audit committee. Ms. Ma will serve as
the chairperson of the audit committee during Company’s search.
Junfeng
Ma
, 41, accepted her appointment as a director for the Company effective on February 11, 2017. Ms. Ma has been
the Vice President of Henan Zhonglian Accounting Firm since January of 2017. Ms. Ma is currently leading large audit projects
such as those for the Zhengzhou Pediatric Hospital Center and Luoyang Joint Disease Hospital. From November 2012 to December 2016,
Ms. Ma worked for the Zhengzhou Municipal Branch of Ping An Bank for which Ms. Ma served as client manager, small business department
chair and also branch president. From January 2000 to October 2012, Ms. Ma served as an auditor for Da Hua CPAs’s Henan
provincial branch. Ms. Ma participated in the audit of more than 100 companies, including Henan Sinian Group, Datang Power Group
and Aluminum Corporation of China. Ms. Ma obtained her bachelor degree from Henan University in 1996. She is a certified public
accountant and valuation appraiser in China. We believe that Ms. Ma’s accounting experience qualifies her to be a member
of our board of directors.
Yang
Li
, 29, accepted her appointment as a director for the Company effective on February 11, 2017. Since February 2012,
Ms. Li has been the General Manager of Henan Yuliang Hotel, managing the general operation of the hotel. From October 2010 to
January 2012, Ms. Li worked for Star Cruises Limited, a Singaporean cruise line, as client manager, primarily responsible for
the relationship management of VIP clients for the Japan-Taiwan cruise lines. Ms. Li is currently an EMBA candidate at the Zhengzhou
University and obtained her bachelor degree from Henan University in 2012. We believe that Ms. Li’s business experience
and communication skills qualifies her to be a member of our board of directors.
Qingsheng
Liu
, 60, accepted his appointment as a director for the Company effective on February 11, 2017. Mr. Liu has served
as the Deputy Commissioner of Henan Provincial Human Resource and Environment Bureau since November 2009. In this capacity, Mr.
Liu is responsible for research relating to policy issues involving population growth, environmental protection and resource allocation.
Mr. Liu obtained his bachelor degree in foreign language from Zhengzhou University in 1984.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf
by the undersigned thereunto duly authorized.
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YULONG
ECO-MATERIALS LIMITED
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Date: February
21, 2017
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By:
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/s/ Yulong
Zhu
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Yulong
Zhu
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Chief
Executive Officer
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