SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
Sutton Isaac H

(Last) (First) (Middle)
475 PARK AVENUE SOUTH
30TH FLOOR

(Street)
NEW YORK NY 10016

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
04/27/2015
3. Issuer Name and Ticker or Trading Symbol
Huayue Electronics, Inc. [ HUAY ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Executive Officer
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock 3,000,000 I See Footnote(1)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. On April 27, 2015, Sutton Global Associates Inc., a Nevada corporation ("Sutton"), SavWatt Kaz Ltd., a limited liability partnership organized under the laws of Kazakhstan ("SavWatt"), and Huayue Electronics Inc., a Delaware corporation (the "Company") entered into and consummated a Partnership Interest Purchase Agreement, pursuant to which the Company purchased from Sutton partnership interests representing 51% of the outstanding partnership interests of SavWatt, in consideration for the issuance of 3,000,000 shares of common stock in the Company (the "Common Stock") to Sutton. Mr. Isaac H. Sutton possesses voting and investment control with respect to the Common Stock held by Sutton. Therefore, Mr. Isaac H. Sutton may be deemed to be the beneficial owner of the shares of Common Stock held by Sutton. Except to the extent of his ownership interests in Sutton, Mr. Isaac H. Sutton disclaims beneficial ownership of the Common Stock held by Sutton.
/s/ Isaac H. Sutton 04/29/2015
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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