SECURITIES AND EXCHANGE COMMISSION
WASHINGTON DC 20549
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FORM 8-K /A
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported): June 10, 2002
GOSUN COMMUNICATIONS LTD., INC.
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(Exact name of Registrant as Specified in Charter)
Texas 000-18257 91-1939829
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(State of Incorporation) (Commission File No.) (IRS Employer
Identification No.)
80 Zhong Shan Er Road, Guangzhou, People's Republic of China 510080
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(Address of Principal Executive Offices)
Registrant's telephone number, including area code (8620) 8387-9773
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(Former name or Former Address, if Changed Since Last Report)
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Item 1. Change in Control of a Subsidiary of a Subsidiary of the Registrant.
On June 10 and August 29, 2002, a related Chinese entity of the
registrant, Guangdong Gosun Telecommunication Co., Ltd. (renamed on July 23,
2002 from Guangdong Gosun Network Science and Technology Co., Ltd.), invested
RMB10,000,000 each on the respective dates, totally USD2,421,308, in Guangdong
Gosun Communication Chain Operation Co., Ltd. ("GGCCO"), a subsidiary of the
registrant, in consideration for 84% of the total outstanding shares of GGCCO.
GGCCO is owned by the registrant through another subsidiary, Guangdong Gosun
Communication Equipment Information & Technology Co., Ltd. (renamed from
Guangdong Gosun Communication Equipment Sales Co., Ltd. on February 25, 2002).
Thereafter, the interest of Gosun Communications Ltd., Inc. in GGCCO, previously
at 100%, became 16%.
The investment was certified under a "Capital Appraisal Report" issued
by Guangdong Zhihe Certified Public Accountants on June 13 and August 30, 2002,
and under an "Asset Appraisal Report" issued by Guangdong Nanyue Appraisal Co.,
Ltd. on June 13, 2002.
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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.
GOSUN COMMUNICATIONS LTD., INC.
Date September 18, 2002
By /s/ Yi-biao Chen
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Name: Yi-biao Chen
Title: Chairman of the Board