-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, WJz66HLpKegO9FNYq4xbnUL1SKQPC29qXYZYOWPlYkELBiRt13SwAkcANRFOlq4N tfmxkOjZ20NYsZowu9jDBA== 0001144204-08-016624.txt : 20080320 0001144204-08-016624.hdr.sgml : 20080320 20080320163418 ACCESSION NUMBER: 0001144204-08-016624 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20080314 ITEM INFORMATION: Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20080320 DATE AS OF CHANGE: 20080320 FILER: COMPANY DATA: COMPANY CONFORMED NAME: China Solar & Clean Energy Solutions, Inc. CENTRAL INDEX KEY: 0000717588 STANDARD INDUSTRIAL CLASSIFICATION: HOUSEHOLD APPLIANCES [3630] IRS NUMBER: 953819300 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-12561 FILM NUMBER: 08702851 BUSINESS ADDRESS: STREET 1: BUILDING 3 NO. 28, STREET 2: FENG TAI NORTH ROAD, CITY: BEIJING STATE: F4 ZIP: 100071 BUSINESS PHONE: 86-10-63850516 MAIL ADDRESS: STREET 1: BUILDING 3 NO. 28, STREET 2: FENG TAI NORTH ROAD, CITY: BEIJING STATE: F4 ZIP: 100071 FORMER COMPANY: FORMER CONFORMED NAME: Deli Solar (USA), Inc. DATE OF NAME CHANGE: 20050908 FORMER COMPANY: FORMER CONFORMED NAME: MEDITECH PHARMACEUTICALS INC DATE OF NAME CHANGE: 19920703 8-K 1 v107663_8k.htm Unassociated Document
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): March 14, 2008
 
China Solar & Clean Energy Solutions, Inc.
 

Exact name of registrant as specified in its charter)
 
Nevada
 
000-12561
 
95-3819300
(State of Incorporation)
 
(Commission File No.)
 
(IRS Employer
 
 
 
 
Identification No.)
 
Building 3 No. 28, Feng Tai North Road, Beijing China, 100071

(Address of principal executive offices, including zip code)
 
+86-10-63850516
(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 (see General Instruction A.2. below):

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 5.02
Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers
 
Effective March 14, 2008, Mr. Gary Lam resigned from his position as Chief Financial Officer to pursue other interests. Mr. Lam’s resignation was not the result of any disagreement with us on any matter relating to our operations, policies or practices.

Effective March 14, 2007 the Board appointed Mr. Yihai Yang, age 43, as the Acting Chief Financial Officer. Mr. Yang’s employment is “at will” and not for any specific term and he will be paid a monthly salary of RMB 22,000. Mr. Yang does not have any relationship or related transaction with us that would require disclosure pursuant to Item 401(d) or Item 404(a) of Regulation S-K.
 
From September 2006 until the present Mr. Yang, served as Financial Controller of China Diagnostics Medical Corporation, a company engaged in the business of pharmaceutical research and development. From April 2005 to August 2006, Mr. Yang served as the Chief Financial Officer of Beijing Tanglewood Tour Development, Ltd., a company engaged in the business of real estate investment and development. From March 2000 to July 2003 Mr. Yang worked for CE Accountancy Ltd. as a project manager. In 1990 Mr. Yang graduated from Shenyang Industrial University with a BA in Financial Accounting and in March 2005, he obtained his Master Degree in Finance and Accounting from London South Bank University.
 

Item 9.01
Financial Statements and Exhibits

(d)
  
Exhibit No.
  
Description
     
 
  
        99.1
  
Press release dated March 20, 2008 announcing the resignation of Gary Lam as Chief Financial Officer effective March 14, 2008, and the appointment of Yihai Yang as the acting Chief Financial Officer.
 

 
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.

     
  China Solar & Clean Energy Solutions, Inc.
 
 
 
 

(Registrant)
     
Date: March 20, 2008 By:   /s/ Deli Du
 
Deli Du
 
President and Chief Executive
Officer
 

 
EX-99.1 2 v107663_ex99-1.htm Unassociated Document
China Solar & Clean Energy Solutions, Inc. Appoints Mr. Yihai Yang as Chief Financial Officer
 
NEW YORK and BEIJING, China, March 20th, 2008/Xinhua-PRNewswire/ - China Solar & Clean Energy Solutions, Inc. (OTC BB: CSOL - News), a premier seller and distributor of solar water heaters, renewable energy solutions, and space heating devices in the People's Republic of China (the "PRC"), today announced the appointment of Mr. Yihai Yang to the position of the Acting Chief Financial Officer.

Mr. Yang replaces Gary Lam, who resigned the position of Chief Financial Officer to pursue other interests.

Mr. Yang, age 43, has accountant, controller and CFO experience gained over the past seven years working for several PRC-based companies. From September 2006 until the present, Mr. Yang served as Financial Controller of China Diagnostics Medical Corporation, a company engaged in the business of pharmaceutical research and development. From April 2005 to August 2006, Mr. Yang served as the Chief Financial Officer of Beijing Tanglewood Tour Development, Ltd., a company engaged in the business of real estate investment and development. From March 2000 to July 2003 Mr. Yang worked for CE Accountancy Ltd. as a project manager. In 1990 Mr. Yang graduated from Shenyang Industrial University with a BA in Financial Accounting and in March 2005, he obtained his Master Degree in Finance and Accounting from London South Bank University.

Mr. Deli Du, Chief Executive Officer, said, “We are very pleased to have Mr. Yang join as our Acting CFO. We are confident that his experience in several industries will provide our management team a valuable perspective on how to grow our business. The renewable energy sector in China requires dynamic individuals to help companies like ours strive. We look forward to Mr. Yang’s immediate contribution to meet our company goals.”
 
About China Solar & Clean Energy Solutions, Inc.
 
China Solar & Clean Energy Solutions, Inc. operates through its wholly owned subsidiaries Bazhou Deli Solar Heating Energy Co. Ltd., Beijing Deli Solar Technology Development Co., Ltd. and its 51% ownership in Tianjin Huaneng Energy Equipment Company, all of which are located in the PRC. The Company manufactures and distributes hot water and space heating devices to customers in the PRC, in addition to waste heat recovery systems. For more information, please visit http://www.cn-cse.com .
 
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Safe Harbor Statement:
 
Certain statements in this news release may contain forward-looking information about China Solar & Clean Energy Solutions, Inc. and its subsidiaries' business and products within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. The actual results may differ materially depending on a number of risk factors including, but not limited to, the general economic and business conditions in the PRC, market and customer acceptance and demand for products, ability to market products, fluctuations in foreign currency markets, the use of estimates in the preparation of financial statements, the impact of competitive products and pricing, the ability to develop and launch new products on a timely basis, the regulatory environment, fluctuations in operating results, and various other factors beyond its control. All forward-looking statements are expressly qualified in their entirety by this Cautionary Statement and the risks factors detailed in the Company's reports filed with the Securities and Exchange Commission. China Solar & Clean Energy Solutions, Inc. undertakes no duty to revise or update any forward-looking statements to reflect events or circumstances after the date of this release.
 
For more information, please contact:

Investor Relations
Matthew Hayden
HC International, Inc.
Tel: +1-858-704-5065
Email: matt@haydenir.com
 
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