Current Report Filing (8-k)
October 19 2018 - 3:45PM
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)
October 19,
2018 (August 20, 2018)
ORANCO,
INC.
(Exact
name of registrant as specified in its charter)
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Nevada
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000-28181
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87-0574491
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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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One
Liberty Plaza, Suite 2310 PMB# 21, New York, NY 10006
(Address
of principal executive offices, including zip code)
(646)
7593614
(Registrant’s
telephone number, including area code)
(Former
name or former address, if changed since last report)
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):
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☐
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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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Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging
growth company ☐
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for
complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
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Item 1.01.
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Entry into a Material Definitive Agreement.
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We are engaged, through our subsidiaries, in alcohol wholesale
in China and currently focus on the sale of Chinese Fenjiu liquor and imported wines. In order to better guarantee the authenticity
and origin of our premium products, on August 20, 2018 we entered into a contract with Guangzhou Silicon Technology Co., Ltd.
to have Guangzhou Silicon Technology Co., Ltd. develop an anti-counterfeiting laser recognition proprietary system (the “System”)
for us. Using blockchain technology, the System is expected to encrypt our premium products’ brewing information, transaction
information, identification number and certificate information, producing unique labels that can then be attached to our liquor
and wine bottles. Since blockchain ledgers are impermeable, and manipulation of existing ledgers is impractical, the authenticity
and provenance of our premium products will be better protected. The adoption of the System is also expected to build greater
goodwill and trust in our brand in the long term. We believe that by implementing the System, in a not so distant future, our
customers will be able to base their transactions on the information encrypted on the labels, thus ensuring the authenticity and
privacy of their purchases. We are in the early stages of developing the System and cannot be certain how the use of the System
will benefit or materially affect our business operations in the future.
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Item 9.01
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Financial Statements
and Exhibits.
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(d)
Exhibits.
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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ORANCO,
INC.
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Date:
October 19, 2018
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/s/
Peng Yang
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Peng
Yang
President,
Secretary and Director
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