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 08, 2020
SINO AGRO FOOD, INC.
(Exact Name of Registrant as Specified in Charter)
|
Nevada |
000-54191 |
33-1219070 | ||
| (State of incorporation) | (Commission File Number) | (IRS Employer Identification No.) | ||
|
Room 3801, Block A, China Shine Plaza No. 9 Lin He Xi Road Tianhe District Guangzhou City, P.R.C. |
510610 | |
| (Address of principal executive offices) | (Zip Code) |
Registrant’s telephone number, including area code: (860) 20 22057860
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 DFR 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)) |
Emerging growth company x
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. ¨
| Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
Appointment of New Independent Director
On December 8, 2020, the Board of Company appointed Mr. Henry Sun as new member of the Board with the initial term of 3 years. The Board also appointed Mr. Sun to the Company’s Audit Committee with his appointment to the Board. Mr. Sun has been determined by the Board to be independent within the meaning of the independent director standards of the Securities and Exchange Commission (the “SEC”) and to otherwise qualify to serve upon the Committees for which he was appointed.
Mr. Sun is an experienced international business executive, with specialty in corporate finance, M&A and investor relations. Mr. Sun has served as CFO for multi-national companies with a track record of enhancing shareholder value. Mr. Sun holds a Master degree from Thunderbird School of Global Management.
The Company issued a press release to announce these governance changes. A copy of the press release is attached to this Form 8-K as Exhibit 99.1.
| Item 9.01 | Financial Statements and 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 to be signed on its behalf by the undersigned hereunto duly authorized.
| SINO AGRO FOOD, INC. | |||||
| Date: | December 8, 2020 | By: | /s/ LEE YIP KUNG SOLOMON | ||
| Lee Yip Kun Solomon | |||||
| Chief Executive Officer | |||||
Exhibit 99.1.
Henry Sun Appointed to SIAF Board of Directors
Guangzhou, China, December 08, 2020 — The Board of Directors of Sino Agro Foods, Inc. (“SIAF”) announced the appointment of Henry Sun as an Independent Director, effective immediately. Mr. Sun will be a member of the Audit Committee.
“It is a pleasure to welcome Mr. Sun to the Board of Directors,” said Solomon Lee, SAIF’s CEO and Chairman. “Henry
comes to us with years of experience in corporate finance and I’m confident that he is going to be a great addition to our
Board.”
Mr. Henry Sun is currently the Founder and President of Reach China LLC, a cross-border consulting firm established in 2016 to help both Chinese and American companies with capital market introductions, and international business development.
Mr. Sun has over 20 years of experience in financial reporting and planning, corporate governance, internal control, corporate finance, investor relations, and capital raising. Mr. Sun has served as a Chief Financial Officer (CFO) of two public companies, where he managed over 60 accounting and finance staff respectively. He also managed various relationships with investment bankers, auditors, lawyers, investors and shareholders for the public companies.
From January 2011 to August 2016, Mr. Sun served as the CFO of Highpower International, Inc., a Nasdaq-listed company based in China. From November 2009 to December 2010, Mr. Sun was the CFO of Zoomlion Concrete Machinery Company, a division of Zoomlion that is listed on both the Shanghai and Hong Kong stock exchanges. Mr. Sun also held financial management and advisory roles with various public and private companies before he joined Zoomlion.
During Mr. Sun’s career he has generated financing of over US$2.5 billion for companies. Mr. Sun holds a Master of Business Administration degree from the Thunderbird School of Global Management at Arizona State University, and a Bachelor of Engineering degree from Beijing University of Posts and Telecommunications.
###
About Sino Agro Food, Inc.
SIAF focuses on high protein food including seafood and cattle. The Company produces, distributes, markets, and sells sustainable seafood and beef to the rapidly growing middle class in China. Activities also include production of organic fertilizer and produce. SIAF is a global leader in developing land based recirculating aquaculture systems (“RAS”).
Press Contacts
Peter Grossman
+1 (775) 901-0344
info@sinoagrofood.com