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): January 25, 2016
YANGTZE
RIVER DEVELOPMENT LIMITED
(Exact
name of registrant as specified in its charter)
Nevada |
|
333-166343 |
|
27-2037711 |
(State
or other jurisdiction of
incorporation
or organization) |
|
(Commission
File Number) |
|
(IRS
Employer
Identification
No.) |
183
Broadway, Suite 5, New York, NY |
|
10007 |
(Address
of principal executive offices) |
|
(Zip
Code) |
646-861-3315
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:
☐ 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
7.01 |
REGULATION FD DISCLOSURE |
Yangtze River Development Limited (the “Company”)
is scheduled to give a presentation at the Winter Pitch Cocktail in New York, NY on January 27, 2016, during which the Company
plans to present to the attendees using the video on Company’s website at www.yerr.com.cn.
ITEM
8.01 |
OTHER
INFORMATION |
Symbol
Change
Effective January 22, 2016, upon approval
by FINRA, Yangtze River Development Limited, or formerly Kirin International Holding, Inc., changed its stock symbol from “KIRI”
to “YERR”. A copy of the press release announcing the name and stock symbol changes is attached as Exhibit 99.1 and
is incorporated herein by reference.
ITEM 9.01 |
FINANCIAL STATEMENT AND EXHIBITS |
(d)
Exhibits.
Exhibit
No. |
|
Description |
99.1 |
|
Press
Release |
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report on Form 8-K to be signed
on its behalf by the undersigned hereunto duly authorized.
|
YANGTZE
RIVER DEVELOPMENT LIMITED |
|
|
Date: January
27, 2016 |
By: |
/s/
Xiangyao Liu |
|
|
Xiangyao
Liu
President
& CEO |
3
Exhibit 99.1
Yangtze
River Development Ltd. Announces New Name and Symbol Change
NEW
YORK, NY and WUHAN, CHINA, January 25, 2016 Yangtze River Development Ltd., (OTC: YERR), formerly known as Kirin International
Holdings Inc., (the "Company") changed its name on January 14, 2016 and has received a new trading symbol “YERR”
effective January 22, 2016. The Company now operates under the name of “Yangtze River Development Limited” and has
been engaging its business through its wholly-owned subsidiary Wuhan Yangtze River Newport Logistics Co. Limited (“Wuhan
Newport”), a company formed under the laws of the People’s Republic of China.
Yangtze
River Development Limited primarily engages in the business of real estate development with a port logistic project located in
the middle reaches of the Yangtze River. Wuhan Newport is a large infrastructure development project implemented under China’s
latest “One Belt One Road” initiative and is believed to be strategically positioned in the anticipated “Free
Trade Zone” of the Wuhan Port, a crucial trading window between China, the Middle East and Europe. To be fully developed
upon completion of three phases, within the logistics center, there will be six operating zones, including port operation area,
warehouse and distribution area, cold chain logistics area, rail cargo loading area, exhibition area and residential community.
The logistics center is also expected to provide a number of shipping berths for cargo ships of various sizes. Wuhan Newport is
expected to provide domestic and foreign businesses a direct access to the anticipated Free Trade Zone in Wuhan. The project will
include commercial buildings, professional logistic supply chain centers, direct access to the Yangtze River, Wuhan-Xinjiang-Europe
Railway and ground transportation, storage and processing centers, IT supporting services, among others.
Yangtze
River Development Ltd. will trade on the OTC Markets under the new symbol “YERR” effective January 22, 2016. In addition,
the Company opened an office in New York City, 183 Broadway, 5th Floor, NY, NY, to help implement the Company’s
capital markets strategies.
The
Company is led by Xiangyao Liu, who serves as President, CEO, Secretary and Chairman of the Board. Since 2012, Mr. Liu, (44) served
as the Deputy General Manager of the Wuhan Huazhou Steel Trading Center Co., Ltd., which later became the Wuhan Yangtze Newport
Logistics Co. Ltd. He supervised the transition of the steel trading renter to a residential and commercial complex which supports
the warehouses and docks, led projects to bring the Steel Trading Center into the Yangluo Comprehensive Bonded Zone and Free Trade
Area in Wuhan, supervised the feasibility study of the Wuhan Yangtze Newport Logistics Center and collaborated with the local
government to develop the Yangluo Newport Project Plan, handling corporate structuring, strategic planning and operation management
of the company. In 2010, Mr. Liu participated in the investment of Wuhan Renhe Group Limited, which held the Wuhan Huazhou Steel
Trading Center Co., Ltd. at that time, supervising logistic and trade of steel. He also started to engage in financial and security
investments in Hong Kong. From 1996 to 2003, he invested and established the Pacific Trade and Logistics in China, served as the
General Manager and engaged in the trading and logistics of steel, agricultural products and other commodities Mr. Liu received
his bachelor degree in Business Management from the Hebei Institute of Finance in 1994.
Xiangyao
Liu, Chief Executive Officer, Director and President of Yangtze River Development Ltd., stated, "We are very pleased to have
rebranded our Company to reflect our business activities at Wuhan Newport. The tremendous opportunity this facility presents allows
us to focus our finances and human capital on a massive logistic facility that has the potential to be one of the most active
and, extensive facilities in Asia."
ABOUT
YANGTZE RIVER DEVELOPMENT LTD.:
Primarily
engaging in the business as a port logistic center located in the middle reaches of the Yangtze River, Wuhan Newport is a large
infrastructure project implemented under China’s latest “One Belt One Road” initiative and is believed to be
strategically positioned in the anticipated “Free Trade Zone” of the Wuhan Port, a crucial trading window between
China, the Middle East and Europe. To be fully built upon completion of three phases, within the logistics center, there will
be six operating zones, including port operation area, warehouse and distribution area, cold chain logistics area, rail cargo
loading area, exhibition area and residential community. The logistics center is also expected to provide a number of shipping
berths for cargo ships of various sizes. Wuhan Newport is expected to provide domestic and foreign businesses a direct access
to the anticipated Free Trade Zone in Wuhan. The project will include residential and commercial buildings, professional logistic
supply chain centers, direct access to the Yangtze River, Wuhan-Xinjiang-Europe Railway and ground transportation, storage and
processing centers, IT supporting services, among others.
FORWARD-LOOKING
STATEMENTS:
This
document includes “forward-looking” statements, as that term is defined in the Private Securities Litigation Reform
Act of 1995 or by the Securities and Exchange Commission in its rules, regulations and releases. Forward-looking statements are
any statements other than statements of historical fact, including statements regarding Company’s expectations, beliefs,
hopes, intentions or strategies regarding the future. Among other things, these forward-looking statements may include statements
regarding the change of Company name and symbol, our plan of operation, future opportunities as a result of the changes; and any
other statements regarding Company’s future beliefs, expectations, plans, intentions, financial condition or performance.
In some cases, forward-looking statements can be identified by the use of words such as “may,” “will,”
“expects,” “should,” “believes,” “plans,” “anticipates,” “estimates,”
“predicts,” “potential,” “continue,” or other words of similar meaning. Forward-looking statements
are subject to risks and uncertainties that could cause actual results to differ materially from those discussed in, or implied
by, the forward-looking statements. Factors that might cause such a difference include, but are not limited to, general economic
conditions, our financial and business prospects, our capital requirements, our financing prospects, our relationships with employees,
and our ability to realize the anticipated benefits of such transaction, and those disclosed as risks in other reports filed by
us with the Securities and Exchange Commission, including those described in our most recently filed Annual Report on Form 10-K
and subsequent reports on Forms 10-Q and 8-K.
We
caution readers that any such statements are based on currently available operational, financial and competitive information,
and they should not place undue reliance on these forward-looking statements, which reflect management’s opinion only as
of the date on which they were made. Except as required by law, we disclaim any obligation to review or update these forward-looking
statements to reflect events or circumstances as they occur.
CONTACT:
James
Coleman
Executive
Director
jcoleman@yerr.com.cn
646-861-3315
3
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