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): July 1, 2004 (June 16, 2004)
MINGHUA GROUP INTERNATIONAL HOLDINGS LIMITED
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(Exact name of registrant as specified in its charter)
New York 0-30183 13-4025362
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(State or Other Jurisdiction of (Commission File Number) (IRS Employer
Incorporation or Organization) Identification No.)
8/F East Area
Century Golden Resources Business Center
69 Banjing Road
Haidian District
Beijing, People's Republic of China
100089
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Address of Principal Executive Offices
Zip Code
+86-10-884-52568
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Registrant's Telephone Number, Including Area Code
Guangdong Bian Fang Building
10th Floor
Fujing Road
Futian District, Shenzhen, 518033
People's Republic of China
+852-6011-6767
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(Former Address and Telephone Number)
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ITEM 5. OTHER EVENTS AND REGULATION FD DISCLOSURE
On June 30, 2004 the board of directors of Minghua Group
International Holdings Limited (the "Company") held a special meeting at which,
among other things, the board removed Albert Wong from his position as interim
Chief Executive Officer of the Company. Also at that meeting, the board of
directors of Minghua appointed Chang-de Li, the Chairman of the board, as new
interim Chief Executive Officer of the Company. Mr. Li will hold this position
only temporarily while the Company conducts a search for a new Chief Executive
Officer.
On June 16, 2004, the Company formed a new indirect wholly-owned
subsidiary, Beijing China Cardino Real Estate Consulting Co. Ltd. ("Beijing
China Cardino"). Beijing China Cardino is a corporation organized under the laws
of the People's Republic of China. The Company intends to leverage the real
estate development experience of its new board of directors and utilize Beijing
China Cardino as a vehicle to make real estate investments in the People's
Republic of China in the future. This marks a new business line for the Company.
The Company, however, fully intends to continue to develop its intellectual
property and other assets relating to environmentally-friendly gas-electric
vehicles through its indirect wholly-owned subsidiary Shenzhen Minghua
Environmental Protection Vehicle Co. Ltd.
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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.
Date: July 1, 2004
MINGHUA GROUP INTERNATIONAL HOLDINGS LIMITED
By: /s/ Chang-de Li
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Chang-de Li, Chief Executive Officer
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