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): April 8, 2016
KEYUAN PETROCHEMICALS, INC.
(EXACT NAME OF REGISTRANT AS SPECIFIED IN CHARTER)
| Nevada | 333-124837 | 45-0538522 | ||
(STATE OR OTHER JURISDICTION OF INCORPORATION OR ORGANIZATION) | (COMMISSION FILE NO.) | (IRS EMPLOYEE IDENTIFICATION NO.) |
Qingshi Industrial Park
Ningbo Economic & Technological Development Zone
Ningbo, Zhejiang Province
P.R. China 315803
(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES)
(86) 574-8623-2955
(ISSUER TELEPHONE NUMBER)
(FORMER NAME OR FORMER ADDRESS, IF CHANGED SINCE LAST REPORT)
Copies to:
Hunter Taubman Fischer LLC
1450 Broadway, 26th Floor
New York, NY 10018
Tel: 917-512-0827
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):
☐ 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 CFR 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))
SECTION 5 – Corporate Governance and Management
| Item 5.02 | Departure of Director or Principal Officers; Election of Directors; Appointment of Principal Officers |
On April 8, 2016, Mr. Chunfeng Tao tendered his resignation to Keyuan Petrochemicals, Inc. (the “Company”) as the Company’s Chief Executive Officer and President due to personal reasons. Mr. Tao’s resignation did not result from any disagreement regarding any matter related to the Company’s operations, policies or practices.
On the same day, Mr. Dingan Zhang resigned from his position as the Chief Financial Officer and Vice President of Accounting of the Company. Mr. Zhang’s resignation did not result from any disagreement regarding any matter related to the Company’s operations, policies or practices.
On the same day, the Board of Directors of the Company approved the appointment of Ms. Feng Chen, the Acting Chief Financial Officer of the Company, as the Chief Executive Officer, President, Chief Financial Officer and Vice President of Accounting of the Company, effective immediately.
Ms. Feng Chen, 50 years old, has profound experience in financial management. Ms. Feng Chen has been a finance director and Chief Financial Officer of Ninbo Keyuan Plastic Corp., Ltd since 2007. From 2004 to 2007, Ms. Chen served as a finance manager at Zhejiang Dragon Fine Line Corp., Ltd. From 2000-2003, Ms. Feng Chen was an accountant at Ninbo Qilong Steel Industry Corp., Ltd. Ms. Chen holds a bachelor degree of accounting from Central Radio and Television University.
| 2 |
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.
| Keyuan Petrochemicals, Inc. | ||
| Date: June 5, 2016 | By: | /s/ Feng Chen |
| Name: Feng Chen | ||
| Title: Chief Executive Officer | ||
3