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Ownership Summary Table
Name | Sole Voting Power | Shared Voting Power | Sole Dispositive Power | Shared Dispositive Power | Aggregate Amount Owned Power | Percent of Class |
---|---|---|---|---|---|---|
Junwei Zheng | 920,000 | 0 | 920,000 | 0 | 9.58% |
Page 1 of 5 – SEC Filing
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
D.C. 20549
SCHEDULE
13D
Under
the Securities Exchange Act of 1934
KIWA
BIO-TECH PRODUCTS GROUP CORPORATION
(Name
of Issuer)
Common
Stock, par value $0.001 per share
(Title
of Class of Securities)
49834X
205
(CUSIP
Number)
Junwei
Zheng
No.
Room 1503
HuichengCommerce
Tower
No.
839, Xiahe Road
Siming
District, Xiamen
Zip
361000, China
(626)
715-5855
(Name,
Address and Telephone Number of Person Authorized to Receive Notices and Communications)
March
31, 2017
(Date
of Event which Requires Filing of this Statement)
If
the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule
13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box [
]
The
information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section
18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the Notes).
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Page 2 of 5 – SEC Filing
1 | NAME OF Junwei Zheng |
2 | CHECK THE APPROPRIATE (a) [ ] (b) [ ] |
3 | SEC USE ONLY |
4 | SOURCE OF OO |
5 | CHECK IF DISCLOSURE OF [ ] |
6 | CITIZENSHIP OR PLACE OF Peoples Republic of China |
NUMBER OF WITH | 7 | SOLE VOTING 920,000 |
8 | SHARED VOTING POWER 0 | |
9 | SOLE DISPOSITIVE 920,000 | |
10 | SHARED DISPOSITIVE POWER 0 |
11 | AGGREGATE 920,000 |
12 | CHECK BOX IF THE AGGREGATE [ ] |
13 | PERCENT OF 9.58% |
14 | TYPE OF IN |
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Page 3 of 5 – SEC Filing
Item
1. Security and Issuer.
The
statement (“Statement”) relates to shares of common stock, par value $0.001 per share (the “Common Stock”),
of Kiwa Bio-Tech Products Group Corporation, a Delaware corporation (the “Issuer” or the “Company”). The
principal executive office of the Issuer is located at 310 N. Indian Hill Blvd., #702, Claremont, California 91711.
Item
2. Identity and Background
The
Statement is being filed by Junwei Zheng (“Mr. Zheng”) with an address at No. Room 1503, Huicheng Commerce Tower,
No. 839, Xiahe Road, Siming District, Xiamen, Zip 361000, China. Mr.
Zheng is a citizen of the Peoples Republic of China.
During
the last five years Mr. Zheng has not (i) been convicted in a criminal proceeding (excluding traffic
violations or similar misdemeanors); or (ii) been a party to a civil proceeding of a judicial or administrative body of
competent jurisdiction as a result of which proceeding he was or is subject to a judgment, decree or final order enjoining future
violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with
respect to such laws.
Item
3. Source and Amount of Funds or Other Consideration.
Mr.
Zheng acquired
the reported 920,000 shares of the Company’s common stock by purchasing the
shares in a private placement from the Company for an aggregate price of US$1,000,000.00.
Item
4. Purpose of Transaction.
Mr.
Zheng does
not have any current plans or proposals which
relate to or would result in: (a) the acquisition by Mr. Zheng of additional securities
of the Issuer, or the disposition of securities of the Issuer; (b) an extraordinary
corporate transaction, such as a merger, reorganization
or liquidation, involving the Issuer or any of its subsidiaries; (c) a sale or transfer of a material amount of assets
of the Issuer or any of its subsidiaries; (d) any change in the present board of directors or management of the Issuer,
including any plans or proposals to change the number or term of directors or to fill any existing vacancies on the board;
(e) any material change in the present capitalization or dividend policy of the Issuer; (f) any other material change in the Issuer’s
business or corporate structure; (g) any change in the Issuer’s charter,
bylaws or instruments corresponding thereto or other actions which may impede the acquisition of control of the Issuer
by any person; (h) causing a class of securities of the Issuer to be delisted from a national securities exchange or to cease
to be authorized to be quoted in an inter-dealer quotation system of a registered
national securities association; (i) a class of equity securities of the Issuer becoming eligible for termination of registration
pursuant to section 12(g)(4) of the Exchange Act; or (j) any action similar to any of those enumerated above.
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Page 4 of 5 – SEC Filing
Item
5. Interest in Securities of the Issuer.
(a) As
of the date hereof, Mr. Zheng beneficially
owns 920,000 shares of the issued and outstanding common stock of the Company. Such
amount represents 9.58% of the total issued and outstanding shares of the Company’s
common stock as of the date hereof.
(b) Mr. Zheng holds sole voting and dispositive power over the Shares.
(c) Other
than disclosed below,
there were no transactions by Mr. Zheng
in the Issuer’s Common Stock during the last 60 days:
None.
(d) No
other person is known to have the right to receive, or the power to direct the receipt of, dividends from, or the proceeds from
the sale of, the securities of the Issuer owned by Mr. Zheng.
(e) Not applicable.
Item
6. Contracts, Agreements, Understandings or Relationships With
Respect to Securities of the Issuer.
To
the knowledge of Mr.
Zheng, there are no contracts,
arrangements, understandings or relationships (legal or otherwise), including but not limited to transfer or voting of any of
the securities, finder’s fees, joint ventures, loan or option arrangements,
puts or calls, guarantees of profits, division of profits or losses, or the giving or withholding of proxies between Mr.
Zheng and/or any other person, with respect to any securities of the Company.
Item
7. Material to be Filed as Exhibits.
Not
applicable.
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Page 5 of 5 – SEC Filing
SIGNATURES
After
reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true,
complete and correct.
Date: April 4, 2017 | |
/s/ Junwei Zheng | |
Junwei Zheng |