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): September 28, 2011 (September 22, 2011)
CHINA SHENGDA PACKAGING GROUP INC.
(Exact name of registrant as specified in its
charter)
Nevada | 001-34997 | 26-1559574 |
(State or other jurisdiction of | (Commission File Number) | (IRS Employer Identification No.) |
incorporation or organization) |
No. 2 Beitang Road
Xiaoshan Economic and
Technological Development Zone
Hangzhou, Zhejiang Province
311215
People's Republic of China
(Address of principal
executive offices)
(86) 571-82838805
(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 (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 September 22, 2011, China Shengda Packaging Group Inc., a Nevada Corporation (the Company) incorporated under the laws of the People's Republic of China a wholly-owned subsidiary named Jiangsu Shuangsheng Paper Technology Development Co., Ltd. (Shuangsheng). On September 27, 2011, the Company received Shuangshengs business license from the local administration of industry and commerce approving Shuangsheng to be engaged in the business of new paper making technology, related research and the development, application, transfer and consultation of such relevant technology. Pursuant to the business license, Shuangsheng has registered capital of RMB 88 million (approximately $13.7 million) with actually invested capital of RMB 22 million (approximately $3.4 million).
Shuangsheng was incorporated pursuant to the Companys plan to build a new paper manufacturing plant with an annual production capacity of 100,000 to 300,000 tons. Such plan was disclosed in our Annual Report on Form 10-K filed on March 28, 2011.
SIGNATURE
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.
Dated: September 28, 2011 | |
CHINA SHENGDA PACKAGING GROUP INC. | |
/s/ Daliang Teng | |
Daliang Teng | |
Chief Executive Officer | |
(Principal Executive Officer) |