Hong Kong Winalite Group, Inc. - Current report filing (8-K)
May 02 2008 - 5:43PM
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): May 2, 2008 (May 1, 2008)
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HONG KONG
WINALITE GROUP, INC.
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(Exact name of
registrant as specified in its charter)
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Nevada
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333-83375
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87-0575571
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(State or other jurisdiction of
incorporation or organization)
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(Commission File Number)
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(IRS Employer Identification No.)
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606, 6/F
Ginza Plaza, 2A Sai Yeung Choi Street South
Mongkok, Kowloon, Hong Kong
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(Address of principal executive
offices)
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(852) 2388-3928
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(Registrant's telephone number,
including area code)
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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 (
see
General
Instruction A.2. below):
£
Written communications pursuant to Rule
425 under the Securities Act (17 CFR 230.425)
£
Soliciting material pursuant to Rule
14a-12 under the Exchange Act (17 CFR 240.14a-12)
£
Pre-commencement communications pursuant
to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
£
Pre-commencement communications pursuant
to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
ITEM 5.02. DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS;
ELECTION OF DIRECTORS; APPOINTMENT OF PRINCIPAL OFFICERS; COMPENSATORY
ARRANGEMENTS OF CERTAIN OFFICERS
(1) Resignation of Xijian Zhou as director and appointment of
Shusheng Guo
On and effective May 1, 2008, Mr. Xijian Zhou resigned from
the Board of Directors of Hong Kong Winalite Group, Inc. (the "Company") and as
the Chief Marketing Officer of the Company. At the same time, the Company
appointed Mr. Shusheng Guo as a director, effectively immediately. Mr. Zhou's
resignation was due to personal reasons and not because of any disagreement with
the Company on any matter relating to the Company's operations, policies or
practices.
Mr. Guo, age 40, has more than nine years of executive
experience. From June 2004 to April 2008, Mr. Guo served as a general manager of
Spain Jinxin Trading Company, a company engaged in the business of importing
apparel and shoes. Before joining Spain Jinxin Trading Company, Mr. Guo was the
Vice General Manager of Guangdong Jinjiufang Liquor Co., Ltd. from December 1999
to June 2006. Mr. Guo holds a Bachelor's degree from Guangzhou Leader Training
College.
There is no arrangement or understanding pursuant to which
Mr. Guo was elected as a director, and there are no related party transactions
between Mr. Guo and the Company reportable under Item 404(a) of Regulation S-K.
No family relationships exist between Mr. Guo and any other
directors or executive officers of the Company.
(2) Appointment of Guowen Ren as Chief Marketing Officer
On and effective May 1, 2008, the Company appointed Mr.
Guowen Ren as Chief Marketing Officer.
Mr. Guowen Ren, age 41, has worked as a senior sales and
marketing manager for more than 12 years. From January 2005 to September 2007,
Mr. Ren first served as a vice president of sales for Herbalife (China and Hong
Kong) Health Products, Ltd. ("Herbalife"), a premier nutrition and
weight-management company and then was promoted as the General Manager of
Herbalife. Before joining Herbalife, Mr. Ren was the director of Wall Street
English (China) Training Center from June 2001 to December 2004, the regional
sales and operation manager of Avon (China) Cosmetics, Ltd. from July 1998 to
June 2001, the sales and operation senior manager of Amway (China) Co., Ltd.
from October 1995 to July 1998, the national sales training manager of Gillette
Shanghai Co., Ltd. from February 1995 to October 1995, the Shanghai branch sales
manager of Avon (China) Cosmetics, Ltd. from December 1993 to February 1995,
and the district sales manager of Handsome Garment Co., Ltd. from June 1991 to
November 1993. Mr. Ren has a Bachelor's degree in English Literature from
Shanghai Normal University. Since October 2007, Mr. Ren has been studying at
University of Phoenix for an MBA degree.
On May 1, 2008, the Company and Mr. Ren entered into an
employment agreement (the "Employment Agreement"), under which Mr. Ren's
employment is "at will" and either the Company or Mr. Ren may terminate the
employment anytime with or without advance notice.
The Employment Agreement provides, among other things, that
Mr. Ren's monthly base salary will be $2,500. In addition, Mr. Ren is eligible
to participate in the Company's staff benefit plans according to his years of
service and performance. The Employment Agreement also contains covenants
prohibiting Mr. Ren from engaging in any business other than the Company's
business during his employment with the Company or disclosing any confidential
information of the Company, both during his employment and after the termination
of employment with the Company.
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The foregoing summary of the material terms and conditions of
the Employment Agreement does not purport to be complete and is qualified in its
entirety by reference to the Employment Agreement, a copy of which is attached
hereto as Exhibit 10.1 and incorporated by reference herein.
There is no arrangement or understanding pursuant to which
Mr. Ren was appointed as Chief Marketing Officer, and there are no related party
transactions between Mr. Ren and the Company reportable under Item 404(a) of
Regulation S-K.
No family relationships exist between Mr. Ren and any other
directors or executive officers of the Company.
A copy of this report has been provided to Mr. Zhou. Mr. Zhou
has been provided with the opportunity to furnish the Company as promptly as
possible with a letter addressed to the Company stating whether he agrees with
the statements made by the Company in this report, and if not, stating the
respects in which he does not agree. No such letter has been received by the
Company.
ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS
(d) Exhibits.
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SIGNATURE
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 hereunto duly authorized.
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HONG KONG WINALITE GROUP, INC.
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By:
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/s/ Jingjun Hu
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Jingjun Hu
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Chief Executive Officer
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Dated: May 2, 2008
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