8-K - NXTT - Equibles

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): April 19, 2021

WeTrade Group Inc.

| (Exact name of Company as specified in charter) |

Wyoming	7374	N/A

| (State or other jurisdiction of incorporation or organization) | (Primary Standard Industrial Classification Code Number) | (I.R.S. Employer Identification Number) |

No 1 Gaobei South Coast, Yi An Men 111 Block 37, Chao Yang District,

Beijing City, People Republic of China 100020

+86-135-011-76409

(Address, including zip code, and telephone number, including area code, of principal executive offices)

Wyoming Registered Agent

1621 Central Ave Cheyenne, Wyoming 82001 (Name, address, including zip code, and telephone number, including area code, of agent for service)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the Company 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. ☐

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On April 19, 2021, Mr. Donghui tendered his resignation as an independent non-executive director of the Board of Director of WeTrade Group Inc. (the “Company”), effective immediately. Mr. Wang’s resignation was not a result of any disagreement with the Company’s operations, policies or procedures.

On April 19, 2021, Mr. Biming Guo was appointed as a director of the Company to replace Mr. Wang. Mr. Guo qualifies as an independent director under rules of The Nasdaq Stock Market. He is serving as the Chair of Audit Committee and a member of the Nominating Committee of the Company.

The biographical information of Mr. Biming Guo is set forth below:

Mr. Guo has over 25 years of experience as a CPA in M&A, investment and finance. Mr. Guo now serves as the Accountant-in-Chief and Legal Representative at Jinchengfeng (Xiamen) CPA, an accounting firm in China, where he manages a team of 20 people, focusing on various NEEQ and IPO projects, as well as internal control and tax management counseling. Between April 2016 and April 2018, Mr. Guo was a Senior Auditor at Zhongxincai Guanghua CPA LLP in Beijing, China, where he spearheaded various NEEQ, IPO, internal control and tax management counseling projects. Between July 2014 and March 2016, Mr. Guo was a Project Manager at Founder Securities Co., Ltd, where he served as a financial consultant, responsible for analyzing and performing due diligence on various major assets in underwriting, restructuring, and M&A projects. Mr. Guo started his career in 1996 at Ji’an Developmental Bank, where he served for over a decade in credit risk management. Mr. Guo graduated from Nanchang University in China with a bachelor’s degree. He has been a CPA since 2004, a Certified Tax Agent since 2005, and a licensed attorney since 2010.

Mr. Guo does not have a family relationship with any director or executive officer of the Company. Mr. Guo has not been involved in any transaction with the Company during the past two years that would require disclosure under Item 404(a) of Regulation S-K.

Mr. Guo entered into a Service Contract with the Company and agreed to receive a monthly compensation of $,2000, effective April 19, 2021 for 24 months. The employment agreement is qualified in its entirety by reference to the complete text of the agreement, which is filed hereto as Exhibits 10.1.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No.	Description
10.1	Service Contract between the Company and Biming Guo, dated April 19, 2021
99.1	Correspondence of Wang Dong Hui’s Resignation as an Independent Director of the Board of the Company, dated April 19, 2021

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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 hereunto duly authorized.

	WETRADE GROUP INC.
Date: April 21, 2021	By:	/s/ Pijun Liu

| | | Pijun Liu Chief Executive Officer and Director |

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wtg_ex101.htm EXHIBIT 10.1

WeTrade Group Inc

Service Contract

This employment contract is made between WeTrade Group Inc. (a company incorporated in Wyoming, United States of America, hereafter the “Company”) at the address of 1 Gaobei South Coast, Yi An Men 111 Block 37, Chao Yang District, Beijing City, PRC 100020. and Biming, Guo (Identity Card) (the “Director”) at the address of Fujian Province, China. The Employer and the Employee understand and agree to observe the terms of employment set out in this employment contract. Both parties understand that this employment contract is governed by the laws of Wyoming (collectively, the “Legislation”).

1.	This services contract shall be for 24 months commencing on April 19, 2021 (day/month/year) (the “Contractual Period”).
2.	The Director shall be employed by the Company as Independent Non-Executive Director and Chair of Audit committee to work under this employment contract, and date of this employment contract shall be April 19, 2021 (day/month/year)).
3.	The total monthly director remuneration shall be USD$2,000 will be effective from April 19, 2021. All of these are payable in the equivalent amount of either in Hong Kong Dollars or Chinese Renminbi. Any variances are mainly due to fluctuation of currency exchange.
4.	The Company shall comply with the provisions of the Director’ Compensation Ordinance. The Director shall be entitled to the rights, benefits and protection provided under the Director’ Compensation Ordinance.
5.	The Director shall and takes the full responsibility for proactively declaring and paying personal income tax according to the requirements of the relevant tax authorities in Hong Kong or Mainland China.

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6.	Either party may terminate this employment contract under the following circumstances:

(a)	Resignation of Director..
(b)	Expiration of Director services contract.

7.	The Company shall provide a copy of this Director service contract signed by both parties to the Director for his/her retention.
8.	Any variation, amendment, cancellation or addition to any terms of this service contract (including the Schedule) must not extinguish or reduce any right, benefit or protection conferred upon the Director by this service contract, and must be duly signed by both parties, otherwise it shall be void. The Company shall provide a copy of the amendments duly signed by both parties to the Director for retention.
9.	This contract is governed by and shall be interpreted in accordance with Wyoming law and the Company and the Director hereby submit to the non-exclusive jurisdiction of the Wyoming courts in connection with any matters arising hereunder.

The Company shall provide a copy of this Director service contract signed by both parties to the Director for his/her retention.

Any variation, amendment, cancellation or addition to any terms of this service contract (including the Schedule) must not extinguish or reduce any right, benefit or protection conferred upon the Director by this service contract, and must be duly signed by both parties, otherwise it shall be void. The Company shall provide a copy of the amendments duly signed by both parties to the Director for retention.

This contract is governed by and shall be interpreted in accordance with Wyoming law and the Company and the Director hereby submit to the non-exclusive jurisdiction of the Wyoming courts in connection with any matters arising hereunder.

IN WITNESS THEREOF, the Parties have hereby duly executed this Agreement on April 19, 2021.

Signature of Director	Signature of Company ’ s representative

Date: April 19, 2021

By:	/s/ Biming Guo	By:	/s/ Pijun Liu

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wtg_ex991.htm EXBHIT 99.1

RESIGNATION LETTER

To: The Board of Directors (the “Board”) of WeTrade Group Inc (the “Company”)

Dear Mr. Liu,

I hereby resign as an Independent non-executive director of the Company due to my other business engagement with effect from 19 April 2021.

I confirm that I have no disagreement with the Board and there is no matter in relation to my resignation that needs to be brought to the attention of the shareholders of the Company and SEC.

Yours faithfully,

/s/ Dong Hui, Wang

| Dong Hui, Wang |

| Date: 19 April 2021 |