- Current report filing (8-K)
05 1월 2011 - 8:05PM
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): December 31, 2010
YUHE
INTERNATIONAL, INC.
(Exact
Name of Registrant as Specified in its Charter)
Nevada
|
|
333-167246
|
|
87-0569467
|
(State
or other jurisdiction of
incorporation
or organization)
|
|
(Commission
File Number)
|
|
(I.R.S.
Employer
Identification
No.)
|
301
Hailong Street
Hanting
District, Weifang, Shandong Province
The
People’s Republic of China
(Address
of principal executive offices, including zip code)
(86)
536 736 3688
(Registrant’s
telephone number, including area code)
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:
o
|
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
|
o
|
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
|
o
|
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
|
o
|
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
|
Item
1.01 Entry into Material Definitive Agreements
On
December 31, 2010, Weifang Yuhe Poultry Co., Ltd. (“PRC Yuhe”), a wholly-owned
subsidiary of Yuhe International, Inc. (the “Company”), entered into an asset
purchase agreement (collectively, the “Purchase Agreements”) with each of Mr.
Liu Tiezhu, Mr. Liu Kaichun, Mr. Luo Xingshi, Mr. Xu Zhenming, Mr. Shan Jichun
and Mr. Xin Yubin (collectively, the “Sellers”). All Sellers are
unaffiliated with the Company.
Pursuant
to the Purchase Agreements, PRC Yuhe has agreed to purchase from the Sellers,
and each of the Sellers has agreed to sell, certain assets, including, in
aggregate, ten breeder farms with an area of 558.4 mu (approximately 91.0 acres)
and building coverage of 136,740 square meters in Henan and Liaoning provinces
of China, for an aggregate purchase price of approximately RMB 108.7 million, or
approximately $16.4 million. Mr. Xu Yubin will receive approximately 431,848
restricted shares of the Company’s common stock calculated at a price of $10 per
share with total consideration equal to approximately RMB 28.6 million, or
approximately $4.3 million. These restricted shares are subject to a six-month
lock-up period. The other five Sellers will receive an aggregate cash
consideration of approximately RMB 80.1 million, or approximately $12.1 million.
The Purchase Agreements are subject to customary closing conditions and are
expected to be closed in the first half of 2011.
Item
8.01 Other Events
On
January 4, 2011, the Company issued a press release announcing the purchase of
the assets from the Sellers. A copy of the press release is attached hereto as
Exhibit 99.1.
Item
9.01 Financial Statements and Exhibits
EXHIBIT
99.1
Press Release of Yuhe International, Inc. dated January 4, 2011
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, as amended, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
|
Yuhe International,
Inc.
|
|
|
|
|
|
Date: January 5, 2010
|
By:
|
/s/
Gao
Zhentao
|
|
|
Gao
Zhentao
|
|
|
Chief Executive Officer
|
|
|
|
|
|
EXHIBIT
INDEX
|
|
|
|
|
Description
|
|
|
Exhibit 99.1
|
|
Press
release, dated January 4, 2010
|
Yuhe (CE) (USOTC:YUII)
과거 데이터 주식 차트
부터 10월(10) 2024 으로 11월(11) 2024
Yuhe (CE) (USOTC:YUII)
과거 데이터 주식 차트
부터 11월(11) 2023 으로 11월(11) 2024