UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
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Item 1.01 Entry into a Material Definitive Agreement
On June 13, 2022, Sharing Economy International Inc. (“SEII”, the “Company”), And Quantron AG (“Quantron”) Entered into a Memorandum of Understanding, whereby the two companies entered into the plan to jointly develop a joint venture company for the commercialization and distribution of the whole range of environmental zero-emission electric and hydrogen vehicles and products. Referring to the European Union proposal of effective ban for new fossil-fuel cars from 2035, the demand for environmental zero emission new energy vehicles will increase. Under the new joint venture, SEII shall be considered as a distributor for the products which will be supplied and branded by Quantron. The foregoing description of the Strategic Framework Agreement does not purport to be complete and is qualified in its entirety by reference to the complete text of the Agreement, which is incorporated herein by reference and attached hereto as exhibit 10.1.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
Exhibit No. | Description | |
10.1 | Memorandum of Understanding dated June 13, 2022 by and between Sharing Economy International Inc. And Quantron AG | |
104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
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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.
Date: June 28, 2022 | Sharing Economy International Inc. | |
By: | /s/ Chan Pak Hei Jefferson | |
Chan Pak Hei Jefferson | ||
Chief Executive Officer |
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