UNITED STATES
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): October 31, 2004
CHINA WORLD TRADE CORPORATION
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(Exact Name of Registrant as Specified in Charter)
Nevada
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(State or Other Jurisdiction of Incorporation)
000-26119
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(Commission File Number)
87-0629754
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(I.R.S. Employer Identification No.)
3rd Floor, Goldlion Digital Network Center
138 Tiyu Road East, Tianhe
Guangzhou, The PRC 510620
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(Address of Principal Executive Offices) (Zip Code)
011-8620-3878-0286
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(Registrant's Telephone Number, Including Area Code)
This Current Report on Form 8-K is hereby filed by China World Trade
Corporation, a Nevada corporation (the "Registrant"). The Registrant files this
Form 8-K in order to report the new appointment of a president and vice-chairman
and the election of new directors, which were approved by the Registrant's Board
of Directors on October 31, 2004.
Item 5.02 Departure of Directors or Principal Officers; Election of Directors;
Appointment of Principal Officers.
Effective as of November 1, 2004, Mr. Chi Hung Tsang was appointed by the
Registrant's Board of Director as the President of the Registrant. He is
currently Chairman of the Board of Directors of the Registrant.
Mr. Tsang is a Member of the Beijing Municipal Political Consultative Conference
and Honorary Citizen of Guangzhou City. He is also the President of the
Commercial & Industrial General Association of New Territories of Hong Kong
Ltd., Committee Member of The Chinese General Chamber of Commerce, Vice
Chairman of Hong Kong Chamber of Commerce in China-Guangdong, and Vice Chairman
of Guangzhou Federation of Industry & Commerce.
Mr. Tsang was an executive director of Goldlion Holdings Ltd., a public company
listed on the Hong Kong Stock Exchange.
Mr. Tsang has no other family relationships among directors or executive
officers of the Registrant.
Effective as of November 1, 2004, Mr. Zeliang Chen was appointed by the
Registrant's Board of Director as the Vice-Chairman and elected as a director of
the Registrant.
Mr. Chen graduated with honors from Renmin University of China with a Bachelors
of Law. He is the founder of Guangdong Hua Hao Group of Companies and is a
committee member of the Private Enterprise Council of Guangdong Province.
Currently, Mr. Chen is a Chief Executive Officer and Chairman of Guangdong New
Generation Travel Service Co., Ltd., and Director of Guangdong Huahao Industries
Group of Companies.
Mr. Chen holds no other directorships in reporting companies and has no family
relationships among directors or executive officers of the Registrant.
Effective as of November 1, 2004, Mr. Xin Long Ye was elected as a director of
the Registrant.
Mr. Ye has over 35 years of experience in doing businesses in China and
investing in Chinese enterprises. He has excellent relationships with the
Beijing Municipal Government and the Guangzhou Municipal Government.
Mr. Ye holds no other directorships in reporting companies and has no family
relationships among directors or executive officers of the Registrant.
The decision to appoint Mr. Tsang, Mr. Chen and Mr. Ye to the above positions
was recommended and approved by the Registrant's Board of Directors, which
believes the new appointments will be beneficial to the Registrant. Mr. Chen and
Mr. Ye were appointed to fill vacancies which existed on the Board of Directors.
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.
CHINA WORLD TRADE CORPORATION
By: /s/ Chi Hung Tsang
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Chi Hung Tsang
President
Date: November 4, 2004