6-K

Zeta Network Group (ZNB)

6-K 2021-06-07 For: 2021-06-07
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Added on April 09, 2026

UNITEDSTATES

SECURITIESAND EXCHANGE COMMISSION

Washington,D.C. 20549

Form6-K

REPORTOF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDERTHE SECURITIES EXCHANGE ACT OF 1934

For the month of June 2021

Commission File Number: 333-226308

COLORSTAR TECHNOLOGY CO., LTD.

(Translation of registrant’s name into English)

800 3^rd^ Ave, Suite 2800

New York, NY 10022

Tel: +1 (212) 220-3967

(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F ☒    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): ☐

Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.

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): ☐

Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant’s “home country”), or under the rules of the home country exchange on which the registrant’s securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant’s security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.

Submissionof Matters to a Vote of Security Holders.

The Registrant held its annual meeting of shareholders at 8:00 pm China time (8:00 am Eastern Time) on June 3, 2021, at Sofitel Haikou located at 105 Binhai Ave, Longhua District, Haikou, Hainan. Holders of 34,327,220 ordinary shares of the Registrant were present in person or by proxy at the annual meeting, representing approximately 37.99% of the total 90,356,629 outstanding ordinary shares and therefore constituting a quorum of more than one-third of the shares outstanding and entitled to vote at the annual meeting of shareholders as of the record date of April 27, 2021. The final voting results for each matter submitted to a vote of shareholders at the meeting are as follows:


1. Election ofDirectors;

The following individuals were elected as directors to serve on the Board of Directors (the “Board”) until the annual meeting of shareholders for the year ending June 30, 2021 or until his or her successor is duly elected and qualified. No broker non-votes are counted.

Director’s Name For Against Abstein
Biao Lu 34,107,799 121,967 97,454
Lili Jiang* 5,746,335 28,493,661 87,224
Long Yi 34,110,285 118,964 97,971
Yingxian Xiang 34,115,102 115,254 96,864
Hung-Jen Kuo 34,101,829 124,915 100,476
* Lili Jiang tendered<br>her resignation as director on May 11, 2021. Jehan Zeb Khan was appointed as the succeeding director effective May 11, 2021 until the<br>Registrant’s next annual meeting. As noted below, subsequent to the June 3, 2021 annual meeting, Mr. Khan was re-appointed to serve<br>as a member of the Board until the annual meeting of the shareholders for the year ending June 30, 2021 or until his successor is duly<br>elected and qualified.
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2. Ratificationof Auditor;
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The shareholders approved the proposal to ratify the appointment of Audit Alliance LLP as the Registrant’s independent registered accountant for the fiscal year ending June 30, 2021. No broker non-votes are counted.

For Against Abstain
34,165,248 88,456 73,516
3. Approval of2021 Equity Incentive Plan
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The shareholders approved the proposal to establish the 2021 Equity Incentive Plan, with an aggregate of Eight Million Five Hundred Thousand (8,500,000) ordinary shares to be available for awards. No broker non-votes are counted.

For Against Abstain
33,915,755 334,230 77,235

Appointmentof Director

On June 3, 2021, at the recommendation of the Nominating Committee and the Compensation Committee, the Board approved and confirmed the appointment of Jehan Zeb Khan as the succeeding director of the Company, with a monthly compensation of $3,000, effective June 3, 2021 until the Company’s next annual meeting of shareholders for the year ending June 30, 2021 and until his earlier death, resignation or removal.

Mr. Khan joined Color China Entertainment Co., Ltd., a wholly-owned subsidiary of the Registrant, as the CEO in 2021, in charge of the development of Internet intelligent applications, the development and update of AI and AR technologies, and celebrity artist docking. Mr. Khan has many years of experience in the Internet industry and has strong working capabilities for company management and business development. Mr. Khan graduated from the University of the Punjab BS Computer Science in Pakistan in 2000. After graduation, he started his own business and established a “New Network” personal studio, aiming to solve Internet problems for small and medium-sized enterprises, including the development of applications, the production of company webpages, etc. and to companies develop artificial intelligence software, including automatic trajectory search.

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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, thereunto duly authorized.

Dated: June 7, 2021

COLORSTAR TECHNOLOGY CO., LTD.
By: /s/<br> Biao LU
Name: Biao<br> LU
Title: Chief<br> Executive Officer

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