UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM 8-K
CURRENT
REPORT
Pursuant
to The Securities Exchange Act
Date
of Report (Date of earliest event reported) February 2, 2024
| |
YASHENG
GROUP |
|
| |
(Exact
name of registrant as specified in its charter) |
|
| Colorado |
|
000-31899 |
|
33-0788293 |
(State
or other jurisdiction
of incorporation) |
|
(Commission
File Number) |
|
(IRS
Employer
Identification No.) |
| Address:
2245 Fortune Dr # C, San Jose, CA 95131 |
|
730000 |
| (Address
of principal executive offices) |
|
(Zip
Code) |
Registrant’s
telephone number, including area code
Tel:
(510) 860-4685
| |
|
|
| |
(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)) |
Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging
growth company ☐
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Securities registered pursuant to Section 12(b) of the Act:
| Title
of each class |
|
Trading
Symbol(s) |
|
Name
of each exchange on which registered |
| Common
Stock |
|
HERB |
|
OTC
Markets |
Item
5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of
Certain Officers.
On
February 2 2024, Yasheng Group., a Colorado corporation (“HERB”) resolved that Manny Pacquiao serve as the corporation’s
Chairman of the Board of Directors concerning all operations in the Philippines. Also it was resolved on that day that Oliver Pauya serve
as a Director of Yasheng Group.
Pacquiao’s
acceptance speech can be viewed here: https://www.yashenggroup.com/news.htm
Manny
Pacquiao
Emmanuel
Dapidran Pacquiao, known by the moniker "PacMan," was born on December 17, 1978, and has made a significant mark both as a
politician and a retired boxer in the Philippines. Celebrated as one of the all-time boxing greats, Pacquiao has also contributed to
his country's legislative processes, serving as a senator from 2016 until 2022.
Renowned
for being the sole boxer to secure world championships in eight different divisions, Pacquiao has amassed twelve major world titles throughout
his illustrious career. He stands out as the inaugural boxer to claim the lineal championship across five distinct weight categories,
to win major titles in four of the prestigious "glamour divisions" (including flyweight, featherweight, lightweight, and welterweight),
and uniquely, to maintain world championships over four decades (the 1990s through the 2020s). In 2019, at forty years old, he set a
record as the oldest welterweight world champion and became the first to be recognized as a four-time welterweight champion following
his victory over Keith Thurman for the WBA (Super) welterweight title. By 2015, Pacquiao's pay-per-view fights had generated $1.2 billion,
and Forbes listed him as one of the highest-earning athletes, securing the second spot in 2012 and 2015 and ranking eighth for the decade
of the 2010s.
Pacquiao
ventured into politics in 2010, initially serving as Sarangani's representative before being elected as a senator. In 2020, he took leadership
of the PDP–Laban party.
Beyond
his political and boxing careers, Pacquiao has engaged in various activities, including coaching and playing for the Kia/Mahindra team
in the Philippine Basketball Association for three seasons and founding the semi-professional Maharlika Pilipinas Basketball League.
His ventures into entertainment and music have also been noteworthy, with appearances in movies, TV shows, and success in the music industry,
evidenced by his PARI-certified platinum albums and singles. A notable highlight includes his performance of "Sometimes When We
Touch," which reached number 19 on Billboard's Adult Contemporary chart in the US after appearing on Jimmy Kimmel Live!. Pacquiao
is also recognized for his work as an Evangelical Christian preacher, philanthropist, and entrepreneur.
As
of 2024, Manny Pacquiao remains an influential figure in boxing, with ambitions to compete in the 2024 Paris Olympics, aiming for a gold
medal for the Philippines at age 45. His team is in talks with the Philippine Olympic Committee to explore qualification possibilities.
Additionally, he plans to return to the ring for two major fights in 2024, including a much-anticipated rematch with Floyd Mayweather,
promising another landmark event in boxing history. These endeavors underscore Pacquiao's ongoing impact and popularity in the sporting
world.
Beyond
his careers in boxing, politics, and entertainment, he has ventured into various business endeavors, showcasing his entrepreneurial spirit.
Pacquiao's business interests span a wide range, including:
Sports:
He founded the Maharlika Pilipinas Basketball League
(MPBL), a semi-professional basketball league in the Philippines, which highlights his investment in sports beyond boxing.
Entertainment
and Media: He has produced films and music, contributing
to the entertainment industry in the Philippines. His involvement in media also extends to his appearances on television shows and in
movies, though these also align with his status as a public figure.
Retail
and Merchandising: Pacquiao has launched merchandise
lines and has been involved in branding efforts that capitalize on his fame and image.
Real
Estate: Like many athletes and public figures, he has invested
in real estate, which is a common avenue for entrepreneurial efforts.
Philanthropy:
Although not a business venture in the traditional
sense, Pacquiao's philanthropic efforts are substantial. He has established and supported various charitable organizations and initiatives,
which, while primarily aimed at giving back to the community, also involve significant organizational and financial management.
Through
these activities and more, Manny Pacquiao demonstrates a keen interest in business and entrepreneurship, leveraging his fame, wealth,
and networks to pursue ventures across different sectors.
Oliver
Sumblingo Pauya
Educational
Background
| ● | Graduate
of Bachelors Degree in Criminology at Holy Trinity College, General Santos City 1989-1999 |
| ● | Criminology
Licensure Exam Passer |
March
25, 2000
| ● | President
of Criminology Department |
1996-1997
1996-1997
| ● | Graduate
of Master in Public Administration at University of the Visayas |
2011-2012
Professional
Background
| ● | Entered
Philippine National Police as Police Non-Commissioned Officer |
September
16, 1997
| ● | Vice-President
of Public Safety Basic Recruit Course |
1997
| ● | Became
Police Commissioned Officer thru Lateral Entry |
2010
| ● | President
of Officers Basic Course |
2010
| ● | Member
of Bomb Disposal and K9 Unit |
2011-2014
| ● | Chief
of Police Station 5 |
January
2014-February 2016
| ● | Deputy
of City Intelligence Branch |
February-July
2016
| ● | Chief
of City Drug Enforcement Unit |
July
2016-May 2017
| ● | Assistant
Force Commander of City Mobile Force Company |
2018-2023
| ● | Acting
Chief of Traffic Enforcement Unit |
July
2023-Present
Trainings/Schoolings/Seminars
| ● | Public
Safety Basic Recruit Course |
1997-1998
| ● | Public
Safety Junior Leadership Course |
2001
2010
| ● | Assistant
instructor of Post Blast Investigation Course |
2014
2017
Other
Backgrounds
| ● | Consultant
of Pacquiao Group and Company |
2018-Present
| ● | Business
Consultant of Gretz and Paul Corporation |
2019-Present
This
report contains forward-looking information, as that term is defined under the Exchange Act, including information regarding purchases
by the Company of its common stock pursuant to any Rule 10b5-1 trading plans. By their nature, forward-looking information and statements
are subject to risks, uncertainties, and contingencies, including changes in price and volume and the volatility of the Company’s
common stock; adverse developments affecting either or both of prices and trading of OTC securities, including securities listed on the
OTC Markets; and unexpected or otherwise unplanned or alternative requirements with respect to the capital investments of the Company.
The Company does not undertake to update any forward looking statements or information, including those contained in this report.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act, the registrant has duly caused this report to be signed on its behalf by the undersigned
hereunto duly authorized.
|
YaSheng Group |
| |
|
|
| February
12, 2024 |
By: |
/s/
Huirong Zhang |
4
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