HUDI Huadi International Group Company Ltd

 

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 September 2023.

 

Commission File Number: 001-39904

 

HUADI International group Co., Ltd.

(Translation of registrant’s name into English)

 

No. 1688 Tianzhong Street, Longwan District,
Wenzhou, Zhejiang Province
People’s Republic of China 325025
Tel: +86-057786598888
(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 ☐

 

 

 

Annual Shareholders Meeting

 

On September 1, 2023, at 10:00 a.m. local time (10:00 p.m. EDT on August 31, 2023), Huadi International Group Co. Ltd. (the “Company”) held its 2023 annual meeting of shareholders (the “Annual Meeting”). Holders of 10,020,000 ordinary shares of the Company were present in person and 1,501,641 ordinary shares of the Company were present by proxy at the annual meeting, representing approximately 80.80% of the total 14,259,182 outstanding ordinary shares and therefore constituting a quorum of at least one-third of the ordinary shares outstanding and entitled to vote at the annual meeting as of the record date of August 2, 2023. The final voting results for each matter submitted to a vote of shareholders at the meeting are as follows:

 

1.

To elect Di Wang, Jueqin Wang, He Huang, Jiancong Huang and Songlin Li as directors to serve for a one-year term that expires at the next annual meeting of stockholders, or until their successors are elected and qualified or until their earlier resignation or removal; and

 

2.

To ratify the appointment of HTL CPA’S and Business Advisors LLC as the Company’s independent registered public accountants for the fiscal year ending September 30, 2023.

 

All matters voted on at the Annual Meeting were approved as recommended by the Board of Directors of the Company. The number of votes cast with respect to each proposal, as applicable, is set forth below. The Company’s inspector of election reported the final vote of the stockholders as follows:

 

		For				Withheld
Election of Directors
Di Wang			10,630,906				35,480
Jueqin Wang			10,630,906				35,586
He Huang			10,630,906				35,587
Jiancong Huang			10,630,906				60,939
Songlin Li			10,630,906				35,478

 

		For				Against				Abstain
Ratification of Appointment of Independent registered public accounting firm			11,484,032				20,138				17,471

 

 

EXHIBIT INDEX

 

Exhibit No.		Description
Exhibit 99.1		Press Release, dated September 1, 2023

 

 

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.

 

Date: September 1, 2023	HUADI INTERNATIONAL GROUP CO., LTD.
	By:	/s/ Huisen Wang
	Name:	Huisen Wang
	Title:	Chief Executive Officer

 

 

3

Exhibit 99.1

 

 Huadi International Group Co., Ltd. Announces Results of 2023 Annual Meeting of Shareholders

 

WENZHOU, September 1, 2023 – Huadi International Group Co., Ltd. (“HUDI” or the “Company”) (NASDAQ: HUDI), a leading developer and manufacturer of industrial stainless steel seamless pipes and tubes products in China, today announced the results of the Company’s 2023 Annual General Meeting of Shareholders (the “Annual Meeting”) held at one of its executive offices at No. 1688 Tianzhong Street, Longwan District, Wenzhou, Zhejiang Province, People’s Republic of China.

 

At the Annual Meeting, Huadi International Group Co., Ltd.’s shareholders:

 

1.

Elected five directors, each to serve a term expiring at the Annual Meeting of Shareholders in 2024 or until their successors are duly elected and qualified; and

 

2.

Ratified the appointment of HTL CPA’s and Business Advisors LLC as the independent registered public accounting firm of the Company for the fiscal year ending September 30, 2023;

 

About Huadi International Group Co., Ltd.

 

Huadi International Group Co., Ltd. is a leading manufacturer of industrial stainless steel seamless pipes and tubes products with extensive distribution facilities and network for over twenty provinces in China and across international steel pipes industry. It offers a broad range of products exported to twenty countries and regions such as United States, Mexico, Thailand, Australia, Argentina, Taiwan, India, the Philippines, UAE and Canada. Its products are widely used in the oil & gas transmission, chemistry engineering, food processing, medical devices, aeronautics and astronautics, boiler, irrigation works construction, electricity, automobile, naval architecture, paper mill and mechanical industries. For more information about the Company, please visit: http://www.huadi.cc.

 

Forward-Looking Statement

 

This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as “may, “will, “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company’s expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the following: the Company’s goals and strategies; the Company’s future business development; financial condition and results of operations; product and service demand and acceptance; reputation and brand; the impact of competition and pricing; changes in technology; government regulations; fluctuations in general economic and business conditions in China and assumptions underlying or related to any of the foregoing and other risks contained in reports filed by the Company with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company’s filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof. 

 

For more information, please contact:

 

The Company:

 

IR Department
Email: IR@huadigroup.com

 

Investor Relations:

Wealth Financial Services LLC

Janice Wang

Email: services@wealthfsllc.com

Phone: +86 13811768599

+1 628 283 9214

 

---