AiXin Life International Reports Officer Changes and Financials
Ticker: AIXN · Form: 8-K · Filed: Jan 10, 2025 · CIK: 835662
Sentiment: neutral
Topics: officer-changes, director-changes, financials
TL;DR
AiXin Life (AXN) filed an 8-K detailing officer/director changes and financials as of Jan 5, 2025.
AI Summary
AiXin Life International, Inc. filed an 8-K on January 10, 2025, reporting events as of January 5, 2025. The filing covers the departure of directors or certain officers, the election of directors, the appointment of certain officers, and compensatory arrangements for certain officers. It also includes financial statements and exhibits.
Why It Matters
This filing indicates potential shifts in the company's leadership and provides updated financial information, which could impact investor confidence and strategic direction.
Risk Assessment
Risk Level: medium — Changes in officers and directors, along with the filing of financial statements, can signal significant internal developments that may affect the company's future performance.
Key Players & Entities
- AiXin Life International, Inc. (company) — Registrant
- January 5, 2025 (date) — Earliest event reported
- January 10, 2025 (date) — Date of report
FAQ
What specific officer positions were affected by the reported departures or appointments?
The filing indicates "Departure of Directors or Certain Officers" and "Appointment of Certain Officers" but does not specify the exact positions in the provided text.
Were there any new directors elected to the board?
Yes, the filing explicitly mentions "Election of Directors" as an item covered.
What type of compensatory arrangements are detailed in the filing?
The filing mentions "Compensatory Arrangements of Certain Officers" but the specific details of these arrangements are not provided in the excerpt.
What is the primary business of AiXin Life International, Inc. according to the filing?
The filing lists the Standard Industrial Classification as "RETAIL-DRUG STORES AND PROPRIETARY STORES [5912]".
When is the company's fiscal year end?
The company's fiscal year ends on December 31.
Filing Stats: 1,138 words · 5 min read · ~4 pages · Grade level 11.6 · Accepted 2025-01-10 16:15:12
Key Financial Figures
- $24,568 — se salary of RMB 180,000 (approximately $24,568) plus bonuses. The foregoing summary
Filing Documents
- form8-k.htm (8-K) — 47KB
- form8k_001.jpg (GRAPHIC) — 6KB
- ex10-1.htm (EX-10.1) — 85KB
- ex10-1_001.jpg (GRAPHIC) — 31KB
- 0001493152-25-001702.txt ( ) — 384KB
- aixn-20250105.xsd (EX-101.SCH) — 3KB
- aixn-20250105_lab.xml (EX-101.LAB) — 33KB
- aixn-20250105_pre.xml (EX-101.PRE) — 24KB
- form8-k_htm.xml (XML) — 4KB
02
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Resignation of Tianfeng Li as Chief Financial Officer and Director On January 5, 2025, Ms. Tianfeng Li, the Chief Financial Officer of Aixin Life International, Inc. (the "Company"), tendered her resignation as Chief Financial Officer of the Company, effective January 5, 2025. Ms. Li's resignation was not a result of any disagreement with the Company on any matter relating to its accounting, operations, policies or practices. Appointment of Xiaowen Zheng as Chief Financial Officer Effective January 6, 2025, Mr. Xiaowen Zheng, 39 years old, was appointed by the Board of Directors (the "Board") of the Company to the position of Chief Financial Officer of the Company. Mr. Zheng will also serve as Chief Financial Officer of the Company's subsidiaries. Mr. Xiaowen Zheng is an accomplished financial executive with extensive experience in accounting, taxation, and financial management across various industries. Mr. Zheng has served as the Financial Manager of Chengdu Aixin Zhonghong Biological Technology Co., Ltd., a subsidiary of the Company, since March 2023. From January 2022 to February 2023, Mr. Zheng served as the Financial Director for Sichuan Minghoutian Information Technology Co., Ltd., an information technology company, where he led the company's financial operations, including internal management, accounting, taxation, and securing external financing. From November 2017 to December 2021, Mr. Zheng held the position of Financial Manager at Sichuan Huianrong Information Technology Co., Ltd., a technology company, overseeing the financial department's operations and advancing the company's enterprise restructuring initiatives to prepare the organization for scalability. From May 2009 to November 2017, Mr. Zheng gained his expertise in accounting and tax compliance through roles as an accountant at Si
SIGNATURES
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. AiXin Life International, Inc. Date: January 10, 2025 By: /s/ Quanzhong Lin Quanzhong Lin Chief Executive Officer