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: January 5, 2001 Lotus Pacific, Inc. (Exact name of registrant as specified in its charter) Delaware State of Organization 000-24999 Commission File Number 52-1947160 Employer Identification Number 200 Centennial Avenue, Suite 201, Piscataway, New Jersey 08854 Address of Principal Executive Office (732) 885-1750 Registrant's Telephone Number, Including Area Code ITEM 5. Other Events On January 5, 2001, the Board of Directors of Lotus Pacific, Inc. (the "Company") appointed William G. Hu as Chief Executive Officer of the Company to succeed the late president, Jeremy Wang, and as Chairman of the Board of Directors of Acumen Technology, Inc. ("Acumen"), a wholly-owned subsidiary of the Company. Mr. Hu holds a Master of International Affairs from Columbia University and a J.D. from Benjamin N. Cardozo School of Law. Mr. Hu worked for Skadden, Arps, Slate, Meagher & Flom and Paramount Pictures Corporation. Prior to joining the Company, Mr. Hu served as its corporate counsel. Signatures Pursuant to the requirements of Section 12 of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. LOTUS PACIFIC, INC. Date: January 5, 2001 By: /s/ James Yao --------------------------------- James Yao Chairman of the Board of Directors