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): September 18, 2008
ENERGROUP
HOLDINGS CORPORATION
(Exact
name of registrant as specified in Charter)
Nevada
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0-32873
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87-0420774
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(State
or other jurisdiction of
incorporation
or organization)
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(Commission
File No.)
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(IRS
Employee Identification
No.)
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No.
9,
Xin Yi Street, Ganjingzi District
Dalian
City, Liaoning Province, PRC 116039
(Address
of Principal Executive Offices)
+86
411 867 166 96
(Issuer
Telephone number)
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):
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Written
communications pursuant to Rule 425 under the Securities Act (17
CFR
230.425)
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¨ |
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
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¨ |
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17
CFR
240.14d-2(b))
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¨ |
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act
(17 CFR
240.13e-4(c))
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Item
1.01.
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Entry
into a Material Definitive
Agreement.
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Effective
September 18, 2008, in connection with his appointment as Chief Financial
Officer, Energroup Holdings Corporation (the “Company”) entered into a
three-year employment agreement with Mr. Yizhao Zhang. Mr. Zhang’s compensation
as Chief Financial Officer of the Company is set forth in an employment
agreement with the Company dated September 18, 2008. Under that agreement,
Mr.
Zhang is to be paid an annual salary of $180,000, and will be eligible to
participate equity or non-equity bonus programs to be determined by the Board.
The foregoing description is qualified in its entirety by reference to the
employment agreement, a copy of which is attached as Exhibit 99.1 to this
current report on Form 8-K.
Item
5.02
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Departure
and Appointment of Chief Financial
Officer
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Effective
September 18, 2008, Mr. Yizhao Zhang was appointed as the Chief Financial
Officer of the Energroup Holdings Corporation (the “Company”), to serve until
April 30, 2011, unless and until earlier terminated, or he resigns and when
his
successor is duly appointed and qualified. Mr. Zhang’s appointment as Chief
Financial Officer has been approved by the Board of Directors of the Company.
Mr.
Zhang
replaces Wang Shu, who tendered her resignation as Chief Financial Officer
of
the Company effective on the same date as Mr. Zhang’s appointment. Ms. Wang
shall continue to be employed by the Company in a management capacity.
Mr.
Zhang
graduated with a Bachelor of Economic Science from Fudan University in 1992.
In
2003, he graduated with a Master of Business Administration from the State
University of New York, University at Buffalo.
Mr.
Zhang
has over 13 years of experience in corporate finance, accounting, financial
advisory and portfolio investment. From May 2007 through May 2008, he was Chief
Financial Officer of Shengtai Pharmaceutical Inc., an OTCBB company. From April
2006 through December 2006, Mr. Zhang acted as the Deputy Chief Financial
Officer of China Natural Resources, Inc., a NASDAQ-listed company. From April
2005 through April 2006, he was the vice president and senior manager of Chinawe
Asset Management Consultancy Limited, a US public company which mainly manages
non-performing loan assets in China. Previously, Mr. Zhang worked as a portfolio
manager and foreign exchange and common stock trader with the South Financial
Service Corporation from 1993-1999.
Mr.
Zhang
is a Certified Public Accountant certified by the Delaware State Board of
Accountancy. He is also a member of the American Institute of Certified Public
Accountant (AICPA).
Item
9.01 Financial Statements and Exhibits
Exhibit
No.
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Description
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99.1
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Employment
Agreement
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SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, as amended, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
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By:
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/s/
Shi Huashan
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Shi
Huashan
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Chief
Executive Officer
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Dated:
September 23, 2008