UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
under the Securities Exchange Act of 1934
For the month of June 2011
Commission File Number: 001-34754
China New Borun Corporation
(Translation of Registrant’s name into English)
Bohai Industrial Park
Yangkou Town
Shouguang, Shandong
People’s Republic of China 262715
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:
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x Form 20-F |
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o Form 40-F |
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): o
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): o
Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934:
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o Yes |
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x No |
If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): n/a
Election of Director; Departure of Director.
On May 31, 2011, Rong Chen resigned as a member of the board of directors of China New Borun Corporation (the “Company”) effective on such date. Mr. Chen’s resignation did not arise from any disagreement with, or any matter relating to, the Company’s management, operations, policies or practices.
Following Mr. Chen’s resignation, the Company reappointed Mr. Hengxiu Song, the Company’s Chief Operations Officer since 2010, as a member of the board of directors, effective June 2, 2011. Mr. Song previously served as a director of the Company from April 2010 to November 2010 and has also served as the director of administration of the Company’s subsidiary Shandong Borun Industrial Co., Ltd. since April 2005. Mr. Song obtained a bachelor’s degree in Economics and Management from the Capital University of Economics and Business.
On June 2, 2011, the Company issued a press release with respect to the resignation of Mr. Chen and reappointment of Mr. Song. A copy of the press release is filed and attached as Exhibit 99.1 of this Report on Form 6-K.
The information in this Report, including the exhibit, shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that Section. It shall not be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such a filing.
Exhibits
99.1 Press Release dated June 2, 2011
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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, thereunto duly authorized.
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China New Borun Corporation | |
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By: |
/s/ Bing Yu |
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Name: |
Bing Yu |
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Title: |
Chief Financial Officer |
Date: June 3, 2011
Exhibit 99.1
China New Borun Reappoints Executive Officer to Board of Directors
Beijing, China, June 2, 2011 — China New Borun Corporation (NYSE: BORN; “Borun” or the “Company”), a leading producer and distributor of corn-based edible alcohol in China, today announced that it has reappointed Mr. Hengxiu Song as a member of the Company’s board of directors.
Effective June 2, 2011, Mr. Hengxiu Song, the Company’s Chief Operations Officer since 2010, is reappointed as a member of the board of directors. Mr. Song previously served as a director of the Company from April 2010 to November 2010 and has also served as the director of administration of the Company’s subsidiary Shandong Borun Industrial Co., Ltd. since April 2005. Mr. Song obtained a bachelor’s degree in Economics and Management from the Capital University of Economics and Business.
Immediately prior to Mr. Song’s reappointment, Mr. Rong Chen resigned as a member of the board of directors. Mr. Chen’s resignation did not arise from any disagreement with or any matter relating to the Company’s management, operations, policies or practices.
About China New Borun Corporation
China New Borun Corporation is a leading producer and distributor of corn-based edible alcohol in China. Borun’s edible alcohol products are primarily sold as an ingredient to producers of baijiu, a popular grain-based alcoholic beverage that is sold throughout China in retail stores, restaurants and bars. The Company also produces DDGS Feed, corn germ, liquid carbon dioxide, and crude corn oil as by-products during the alcohol production process. China New Borun is based in Shouguang, Shandong Province. For more information about the company, please visit www.chinanewborun.com.
Contact Information
Three Part Advisors, LLC
John Palizza
Phone: +1 281 727 6775
Email: jpalizza@threepa.com