Filing Details

Accession Number:
0001062993-12-000643
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-02-23 09:22:22
Reporting Period:
2010-09-24
Filing Date:
2012-02-23
Accepted Time:
2012-02-23 09:22:22
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1103120 Tsingyuan Brewery Ltd. BEER Malt Beverages (2082) 650714523
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1501586 Dingyou Zhang Linpan Industrial Park
Linyi County
Shandong Province F4 251500
Chief Executive Officer Yes Yes Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock, Par Value $0.0001 Per Share Acquisiton 2010-09-24 46,820,000 $0.00 106,820,000 No 4 J Direct
Common Stock, Par Value $0.0001 Per Share Disposition 2010-09-24 40,208,814 $0.00 66,611,186 No 4 G Direct
Common Stock, Par Value $0.0001 Per Share Disposition 2010-09-24 8,556,500 $0.30 58,054,686 No 4 S Direct
Common Stock, Par Value $0.0001 Per Share Acquisiton 2011-01-21 10,041,947 $0.00 68,096,633 No 4 J Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 J Direct
No 4 G Direct
No 4 S Direct
No 4 J Direct
Footnotes
  1. On September 24, 2010, the reporting person entered into and consummated a share exchange agreement (the "Exchange Agreement") with the issuer and C. Mark Tang ("Mr. Tang"). Pursuant to the Exchange Agreement, the reporting person and Mr. Tang were issued 46,820,000 shares and 18,287,671 shares of the Issuer, respectively, in exchange for all of the shares of common stock that each held of Tsingyuan Holding, Inc., a Delaware corporation.
  2. On September 24, 2010, the reporting person sold 8,556,500 shares at a price per share of 2 Renminbi, the official currency in China ("RMB"). The price per share has been converted to $0.2978, based on the exchange rate of $0.1489 for 1 RMB prevailing on this date.
  3. On January 21, 2011, World Technology Ventures, LLC, USA and Qingyuan (Green Source) Group Co., Ltd., an affiliate of the reporting person, entered into a settlement agreement and release in consideration of the release of certain claims, pursuant to which the reporting person received 10,041,947 shares of the issuer as a third-party beneficiary.