Unassociated Document
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 29, 2009
YASHENG
ECO-TRADE CORPORATION
(Exact
name of registrant as specified in its charter)
Delaware
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001-12000
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13-3696015
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(State
of Other Jurisdiction of Incorporation)
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(Commission
File Number)
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(IRS
Employer Identification
Number)
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(Address
of principal executive offices) (zip code)
(310)
461-3559
(Registrant's
telephone number, including area code)
Check the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions (see General Instruction A.2. below):
[ ]
Written communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
[ ]
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
[ ]
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act
(17 CFR 240.14d-2(b))
[ ]
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act
(17 CFR 240.13e-4(c))
Item
8.01
Other Events
On
October 29, 2009, Yasheng Eco-Trade Corporation (the ”Company”) entered into a
Collaboration Agreement (the “Agreement”) with IPF-AGRO Management Company
(“IPF”), Yasheng Group (“Yasheng”) and Cukierman & Co. Consulting (the
Company, IPF and Yasheng herein collectively referred to as the
“Parties”) for the purpose of creating a joint venture on the basis of joining
the agricultural and financial assets of the Parties and developing business
contacts of the Parties.
The
Parties will collaborate on various investment projects associated with
agricultural industry development in Russia, including the production, storage
and marketing of potatoes and barley, cattle breeding and the trading of
agricultural products on an international basis.
The
establishment of the joint venture is subject to the drafting of a definitive
agreement and board approval of each of the Parties. There is no
guarantee that the Company will enter into a definitive agreement in connection
with this joint venture. Further, as discussed with respect to the
proposed closing of the acquisition of an equity interest in Yasheng (the
“Yasheng Acquisition”) in the Form 8-K/A filed with the Securities and Exchange
Commission on October 23, 2009, the Company is continuing its due diligence of
Yasheng as well as the other parties associated with this proposed joint venture
and, as a result, the closing of the Yasheng Acquisition and the development of
the joint venture are subject to successfully completing this due
diligence.
Item
9.01 Financial Statements and Exhibits
Exhibit
No.
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Description
of Exhibit
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99.1
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Collaboration
Agreement between Yasheng
Eco-Trade Corporation,
IPF-AGRO Management
Company, Yaheng Group and Cukierman & Co Consulting dated October 29,
2009.
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SIGNATURES
Pursuant
to the requirements of the Securities and Exchange Act of 1934, the registrant
has duly caused this report to be signed on its behalf by the undersigned
hereunto duly authorized.
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Yasheng Eco-Trade
Corporation |
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Dated:
November 4, 2009
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By:
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/s/ Yossi
Attia |
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Name: Yossi
Attia |
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Title: Chief
Executive Officer
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