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
October 28, 2011
Date of Report
(Date of Earliest Event Reported)
GREENPOWER INTERNATIONAL GROUP LIMITED
(Exact Name of Registrant as Specified in its Charter)
BOXWOOD ACQUISITION CORPORATION
(Former Name of Registrant)
Delaware 000-54424 45-1877342
(State or other) (Commission File Number) (IRS Employer
jurisdiction dentification No.)
of incorporation)
8728 Valley Boulevard, Suite 209
Rosemead, California 91770
(Address of Principal Executive Offices)
215 Apolena Avenue
Newport Beach, California 92662
(Former Address of Principal Executive Offices)
626 - 280-8787
_________________
(Registrant's Telephone Number)
ITEM 3.02 Unregistered Sales of Equity Securities
On October 31, 2011, the Registrant issued 10,500,000 shares of
its common stock pursuant to Section 4(2) of the Securities Act of 1933
at par for an aggregate of $1,050 representing 95% of the total
outstanding 11,000,000 shares of common stock:
ITEM 5.01 Changes in Control of Registrant
On October 28, 2011 the following events occurred which resulted
in a change of control of the Registrant:
1. The Registrant redeemed an aggregate of 19,500,000 of the then
20,000,000 shares of outstanding stock at a redemption price of $.0001
per share for an aggregate redemption price of $1,950.
2. New officers and directors were appointed and elected and the
prior officers and directors resigned.
The disclosure required by Item 5.01(a)(8) of Form 8-K was
previously filed with the Securities and Exchange Commission on Form
10-12G on June 2, 2011 as updated by the Quarterly Report on Form 10-Q
filed August 22, 2011 and as supplemented by the information contained
in this report.
The Registrant anticipates that it may enter into a business
combination with an operating Chinese company that serves as an
electrical-use manager in China. An energy management contract
("EMC") is an agreement whereby an industrial business or large user
of electricity hires a company to manager their electrical use. The
Chinese government is sponsoring tax and other government incentives
for companies to enter into EMC contracts. The Chinese electrical-use
manager company presently focuses on entering into contracts with
outdoor advertising (billboard) companies and essentially replaces the
traditional lights on the outdoor advertising with LED lights and by
which it receives a share of the reduction in the electrical bill received
by the customer. The Chinese electrical-use manager company also sells
LED lights to consumers and business via direct sales or wholesale to
other retailers. No contracts or agreements have been entered into as of
the date hereof and no physical property has been purchased, designed or
opened in regard to such business.
ITEM 5.02 Departure of Directors or Principal Officers; Election of
Directors
On October 28, 2011, James Cassidy resigned as the
Registrant's president, secretary and director.
On October 28, 2011, James McKillop resigned as the Registrant's
vice president and director.
On October 28, 2011, the following persons were elected to the
board of directors of the Registrant:
Zhang Jiong (Chairman)
Liu Xiaoping
Luo Yong
and the following persons were appointed to the offices appearing
next to their name:
Liu Xiaoping Chief Executive Officer
Luo Yong Chief Financial Officer
Zhang, Jiong. Mr. Zhang serves as a Chairman of the Board of
directors of the Registrant. Mr. Zhang graduated from Hunan (China)
Institute of Finance and Economics. He was the founder of Shenzhen
Muren Science and Technology Co., Ltd. and served as its chairman of the
board. He has been involved in the development and production of LED
smart energy saving lighting and is familiar with the industry and its
market. He is the chairman o fthe board of Shenzhen Guoning New
Energy Investment Co.. LTD. Mr. Zhang is a citizen and resident of
China.
Liu, Xiaoping. Mr. Liu serves as the Chief Executive Officer and
a director of the Registrant. Mr. Liu graduated from Hunan (China)
Communication Polytechnic. After retiring from serving as a general
manager of a government owned company, Mr. Liu founded a culture
communication company. As a corporate planner, Mr. Liu has consulted
with many companies and successfully planned and marketed several
famous brand names such as "Haier Products Marketing plans""Chain of
Cooperative Planning and Program of Qingdao Beef Company" and
"China Rural Credit Cooperative Association". He assisted these
companies in expanding their reputation and identification and market
response. He currently serves as the chief executive officer of
Shenzhen Guoning New Energy Investment Co., LTD.
Luo, Yong. Mr. Luo serves as Chief Financial Officer and a
director of the Registrant. Mr. Luo graduated from Hunan (China)
Hengyang Normal University. He has more than 15 years experience in
marketing management and business operations. He was instrumental in
the development and use of a caller ID telephone for Shenzhen Kang
Meisi Communication Co., Ltd. which the company attributes to
significantly impacting a large increase in its production value.
He is the chairman of the board of Global Lock Safety (International)
Group Co., Ltd., and the executive director of Shenzhen Guoning New
Energy Investment Co., Ltd. Under his direction and control, Global
Lock Safety (International) Group Co., Ltd. was successfully listed
on the London Stock Exchange in 2011. He was honored as the Man of
the Hour by Shenzhen TV and "Good at Making Use of Things" in 2011.
ITEM 5.03 Amendments to Articles of Incorporation
On October 28, 2011, the shareholders of the Corporation and
the Board of Directors unanimously approved the change of the
Registrant's name to Greenpower International Group Limited,
increased the authorized number of shares of common stock to
500,000,000, and filed such changes with the State of Delaware.
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 hereunder duly authorized.
GREENPOWER INTERNATIONAL GROUP LIMITED
formerly Boxwood Acquisition Corporation
Date: October 31, 2011 /s/ Liu Xiaoping
Chief Executive Officer