0001213900-23-025029.txt : 20230331 0001213900-23-025029.hdr.sgml : 20230331 20230331092701 ACCESSION NUMBER: 0001213900-23-025029 CONFORMED SUBMISSION TYPE: NT 10-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20221231 FILED AS OF DATE: 20230331 DATE AS OF CHANGE: 20230331 EFFECTIVENESS DATE: 20230331 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SHARING ECONOMY INTERNATIONAL INC. CENTRAL INDEX KEY: 0000819926 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN [7373] IRS NUMBER: 900648920 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: NT 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-34591 FILM NUMBER: 23783670 BUSINESS ADDRESS: STREET 1: CORNWALL CENTRE, NO.85 CASTLE PEAK ROAD STREET 2: COFFEE BAY, TUEN MUN CITY: NEW TERRITORIES STATE: K3 ZIP: 00000 BUSINESS PHONE: 852 3583 2186 MAIL ADDRESS: STREET 1: CORNWALL CENTRE, NO.85 CASTLE PEAK ROAD STREET 2: COFFEE BAY, TUEN MUN CITY: NEW TERRITORIES STATE: K3 ZIP: 00000 FORMER COMPANY: FORMER CONFORMED NAME: Cleantech Solutions International, Inc., DATE OF NAME CHANGE: 20110621 FORMER COMPANY: FORMER CONFORMED NAME: China Wind Systems, Inc DATE OF NAME CHANGE: 20071221 FORMER COMPANY: FORMER CONFORMED NAME: MALEX INC DATE OF NAME CHANGE: 19920703 NT 10-K 1 ea176193-nt10k_sharing.htm NOTIFICATION OF LATE FILING

 

 

United States

Securities and Exchange Commission

Washington, D.C. 20549

 

FORM 12b-25

 

Notification of Late Filing

(Amendment No. 0)*

 

OMB Number

3235-0287

SEC File Number

001-34591

CUSIP Number

819534207

 

(Check One): Form 10-K  Form 20-F Form 11-K Form 10-Q
  Form 10-D Form N-SAR Form N-CSR    

 

For Period Ended: December 31, 2022

 

Transition Report on Form 10-K

Transition Report on Form 20-F

Transition Report on Form 11-K

Transition Report on Form 10-Q

Transition Report on Form N-SAR

   

For the Transition Period Ended: ___________________

 

Read Instruction (on back page) Before Preparing Form. Please Print or Type.

 

Nothing in this form shall be construed to imply that the Commission has verified any information contained herein.

 

If the notification relates to a portion of the filing checked above, identify the Item(s) to which the notification relates:

 

Part I - Registrant Information

 

SHARING ECONOMY INTERNAIONAL INC.
Full Name of Registrant

 

_____________________________

Former Name if Applicable

 

 

No.85 Castle Peak Road
Castle Peak Bay
Tuen Mun, N.T., Hong Kong

 

Address of Principal Executive Office (Street and Number)

 

Hong Kong SAR
City, State and Zip Code

 

 

 

 

Part II - Rules 12b-25(b) and (c)

 

If the subject report could not be filed without unreasonable effort or expense and the registrant seeks relief pursuant to Rule 12b-25(b), the following should be completed.(Check box if appropriate.)

 

(a) The reason described in reasonable detail in Part III of this form could not be eliminated without unreasonable effort or expense.
(b) The subject annual report, semi-annual report, transition report on Form 10-K, Form 20-F, Form 11-K, Form N-SAR or Form N-CSR, or portion thereof, will be filed on or before the fifteenth calendar day following the prescribed due date; or the subject quarterly report or transition report on Form 10-Q or subject distribution report on Form 10-D, or portion thereof, will be filed on or before the fifth calendar day following the prescribed due date; and
(c) The accountant’s statement or other exhibit required by Rule 12b-25(c) has been attached if applicable.

 

Part III – Narrative

 

State below in reasonable detail why Forms 10-K, 20-F, 11-K, 10-Q,10-D, N-SAR, N-CSR, or the transition report or portion thereof, could not be filed within the prescribed time period.

 

The Registrant is unable to file its Annual Report on Form 10-K for the year ended December 31, 2022 (the “10-K”) within the prescribed time period without unreasonable effort or expense. The Registrant will file the 10-K on or before the fifteenth calendar day following the prescribed due date.

 

Part IV - Other Information

 

1.Name and telephone number of person to contact in regard to this notification

 

Chan Pak Hei Jefferson       +852 3583 2186
(Name)   (Area Code)   (Telephone Number)

 

2.Have all other periodic reports required under Section 13 or 15(d) of the Securities Exchange Act of 1934 or Section 30 of the Investment Company Act of 1940 during the preceding 12 months or for such shorter period that the registrant was required to file such report(s) been filed?

 

Yes   No ☐

 

3.If answer is no, identify report(s).

 

 

4.Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof?

 

Yes  ☒  No ☐

 

5.If so, attach an explanation of the anticipated change, both narratively and quantitatively, and, if appropriate, state the reasons why a reasonable estimate of the results cannot be made.

 

Certain accounting estimates are subject to change when the audit adjustments are finalized. For the year ended December 31, 2022, the Company generated net revenues of approximately $317,316 as compared to $237,756 for the same year ended December 31, 2021. The cost of revenue was approximately $0, and $54,038 for the years ended December 31, 2022 and 2021, respectively. The Company also incurred operating expenses of approximately $2,956,892 for the year ended December 31, 2022, as compared to $4,258,740 for the same year ended December 31, 2021. For the years ended December 31, 2022 and 2021, other income (expense) was approximately $(1,524,971) and $177,509, respectively. This resulted in a net loss of approximately $4,154,230 and $3,897,513 for the years ended December 31, 2022, and 2021 respectively. 

 

2

 

 

SHARING ECONOMY INTERNATIONAL INC.

(Name of Registrant as Specified in Charter)

 

has caused this notification to be signed on its behalf by the undersigned hereunto duly authorized

 

Date:  March 31, 2023   By /s/ Chan Pak Hei Jefferson   Title: 

Chief Executive Officer

              (Principal Executive)

 

INSTRUCTION: The form may be signed by an executive officer of the registrant or by any other duly authorized representative. The name and title of the person signing the form shall be typed or printed beneath the signature. If the statement is signed on behalf of the registrant by an authorized representative (other than an executive officer), evidence of the representative’s authority to sign on behalf of the registrant shall be filed with the form.

 

Attention

Intentional misstatements or omissions of fact constitute Federal Criminal Violations (See 18 U.S.C. 1001).

 

 

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