0001144204-11-067879.txt : 20111201 0001144204-11-067879.hdr.sgml : 20111201 20111201133408 ACCESSION NUMBER: 0001144204-11-067879 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20111201 FILED AS OF DATE: 20111201 DATE AS OF CHANGE: 20111201 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Ossen Innovation Co. Ltd. CENTRAL INDEX KEY: 0001485538 STANDARD INDUSTRIAL CLASSIFICATION: STEEL WORKS, BLAST FURNACES ROLLING MILLS (COKE OVENS) [3312] IRS NUMBER: 000000000 STATE OF INCORPORATION: D8 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-34999 FILM NUMBER: 111236572 BUSINESS ADDRESS: STREET 1: 518 SHANGCHENG ROAD STREET 2: FLOOR 17 CITY: SHANGHAI STATE: F4 ZIP: 200120 BUSINESS PHONE: 86 (21) 6888-8886 MAIL ADDRESS: STREET 1: 518 SHANGCHENG ROAD STREET 2: FLOOR 17 CITY: SHANGHAI STATE: F4 ZIP: 200120 FORMER COMPANY: FORMER CONFORMED NAME: Ultra Glory International Ltd. DATE OF NAME CHANGE: 20100225 6-K 1 v242150_6k.htm Unassociated Document
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
                                                        
 
Form 6-K

REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 UNDER
THE SECURITIES EXCHANGE ACT OF 1934
 
For the month of November 2011
 
Commission File Number 333-168496
 
               
 
OSSEN INNOVATION CO., LTD.
(Translation of registrant’s name into English)


518 SHANGCHENG ROAD, FLOOR 17, SHANGHAI, 200120,
PEOPLE’S REPUBLIC OF CHINA
(Address of principal executive office)
 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F x Form 40-F o

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ____

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ____

Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes o No x

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b):  82-__________.
 
 
 
 
 
SIGNATURES
 
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, thereunto duly authorized.
 
  OSSEN INNOVATION CO., LTD.  
  (Registrant)  
       
Date:  December 1, 2011
By:
/s/ Wei Hua  
    Name:  Wei Hua  
    Title:    Chief Executive Officer  
 
 
 
 
 
EXHIBIT INDEX
 
Exhibit Number
Description
 
99.1
Press Release of Ossen Innovation Co., Ltd., dated November 30, 2011
 
 EX-99.1 2 v242150_ex99-1.htm
Ossen Innovation Announces Share Repurchase Program
 
Press Release: Ossen Innovation Co., Ltd. – Wed, Nov 30, 2011 7:30 AM EST
 
SHANGHAI , Nov. 30, 2011 /PRNewswire-Asia-FirstCall/ -- Ossen Innovation Co., Ltd. ("Ossen" or the "Company") (NASDAQ: OSN - News), a China -based manufacturer of an array of plain surface, rare earth and zinc coated pre-stressed steel materials, today announced that its Board of Directors has approved a share repurchase program effective immediately for up to a total of 500,000 shares of the Company's American Depositary Receipts ("ADSs") through May 2012 . Shares may be repurchased in the open market at prevailing market prices and/or in negotiated transactions off the market from time to time as market conditions warrant in accordance with applicable requirements of Rule 10b5-1 and/or Rule 10b-18 under the U.S. Securities Exchange Act of 1934, as amended.
 
"The company is initiating this repurchase program in the best interests of its stockholders, as we believe our stock is currently undervalued," stated Dr. Liang Tang , Chairman of Ossen Innovation. "We are confident in our business strategy and growth initiatives and will remain committed to increasing value to our shareholders."
 
As of November 29, 2011 , the Company had 20 million shares outstanding, of which 5 million is publicly held and traded in the form of ADSs.
 
About Ossen Innovation Co., Ltd.
 
Ossen Innovation Co., Ltd. manufactures and sells a wide variety of plain surface pre-stressed steel materials and rare earth coated and zinc coated pre-stressed steel materials. The Company's products are mainly used in the construction of bridges, as well as in highways and other infrastructure projects. Ossen has two manufacturing facilities located in Maanshan, Anhui Province , and Jiujiang, Jiangxi Province . For more information please visit our website at www.osseninnovation.com.
 
Safe Harbor Statements
 
This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements involve inherent risks and uncertainties that could cause actual results to differ materially from those projected or anticipated, including risks outlined in the Company's public filings with the Securities and Exchange Commission, including the Company's annual report on Form 20-F. All information provided in this press release is as of the date hereof. Except as required by law, the Company undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events.
 
For more information, please contact:
  
 
  
Ossen Innovation Co., Ltd.
  
Alan Jin, Chief Financial Officer
  
Email: alanjin@osseninnovation.com
  
Phone: +86 (21) 6888-8886
  
Web: www.osseninnovation.com
  
 
  
Investor Relations:
  
 
  
Ted Haberfield, President
MZ North America, IR
MZ Group
  
Phone: +1-760-755-2716
  
Email: thaberfield@hcinternational.net
  
Web: www.mz-ir.com