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): December 28, 2010
Universal
Solar Technology, Inc.
(Exact
name of registrant as specified in its charter)
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Nevada
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000-1434389
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26-0768064
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(State
or Other Jurisdiction of Incorporation)
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(Commission
File Number)
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(I.R.S.
Employer Identification No.)
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No.
1 Pingbei Road 2,
Nanping Science
& Technology Industrial Park,
Zhuhai
City, Guangdong Province,
The
People’s Republic of China
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519060
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(Address
of Principal Executive Offices)
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(Zip
Code)
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86-756-8682610
Registrant's
Telephone Number, Including Area Code
(Former
name or former address, if changed since last report)
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:
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o
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Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
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o
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Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
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o
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Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
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o
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Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
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Item
5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain
Officers.
On
December 28, 2010, Lijie Zhu was terminated from her position as Chief Financial
Officer of Universal Solar Technology, Inc. (the “Company”) effective
immediately.
On
December 28, 2010, our Board of Directors appointed Mr. Wensheng Chen as the
Interim Acting Chief Financial Officer of the Company effective
immediately.
Mr.
Wensheng Chen is the founder of the Company and currently serves as
the Company’s Chief Executive Officer and Chairman. He has over 40 years
executive experience in technology manufacturing, sales, and product innovation.
He is also the Founder and a current Board Member of Yuemao Laser which supplies
laser scribing, cutting, welding, grooving to solar cell and modules
manufacturers such as SunTech Power Holdings. Mr. Chen worked as manager and
executive at Shenyang Liming Machine Making Company from 1958 to 1984. In 1984
he founded a trading company in Beijing. In 1999, Mr. Chen established Yuemao
Laser in Zhuhai City. He studied at Liaoning University and majored in TV
Broadcasting from 1964 to 1967. In 1967 he continued his education by majoring
in politics and philosophy.
Mr. Chen
will not receive compensation for his role as the Company’s Interim Acting
Financial Officer.
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 THEREUNTO
DULY AUTHORIZED.
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Universal
Solar Technology, Inc.
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Date: December
28, 2010
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By:
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/s/ Wensheng
Chen
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Wensheng
Chen
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Chief
Executive Officer
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