Unassociated Document
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): October 15, 2007
China
Education Alliance, Inc.
(Exact
name of registrant as specified in its charter)
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North
Carolina
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000-52092
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56-2012361
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(State
or other jurisdiction of incorporation)
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(Commission
File Number)
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(I.R.S.
Employer Identification No.)
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58
Heng Shan Road, Kun Lun Shopping Mall, Harbin, The People’s Republic of
China, 150090
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(Address
of principal executive offices)
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Registrant’s
telephone number, including area code:
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86-451-8233-5794
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80
Heng Shan Road, Kun Lun Shopping Mall, Harbin, The People’s Republic of
China, 150090
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(Former
address of principal executive
offices)
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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):
oWritten
communications
pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o
Soliciting material pursuant to Rule 14a-12 under the
Exchange Act (17 CFR 240.14a-12)
o
Pre-commencement communications pursuant to Rule
14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o
Pre-commencement communications pursuant to Rule
13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item
5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain
Officers
On
October 15, 2007, the board of directors of China Education Alliance, Inc.
(the
“Company”), elected Ansheng Huang, James Hsu and Liansheng Zhang as members of
the board of directors, effective immediately. The additions increase the size
of the Company’s board of directors to six members. There are no
understandings or arrangements between the new board members and any other
person pursuant to which they were selected as directors. There are no family
relationships with any director, executive officer or person nominated or chosen
by us to become a director or executive officer. Furthermore, none of Messrs.
Huang, Hsu or Zhang has entered into a transaction, nor are there any proposed
transactions, with us.
Mr.
Huang, 61, has been the training director of Vocational Education Equipment
Commission at the Chinese Vocational Education Association since 1996. From
1991
through 2006, Mr. Huang was the division director of technology development
at
the China Education Instruction and Equipment Corporation of the Chinese
Ministry of Education. Mr. Huang graduated from the Department of Beijing
Institute of Education with a Bachelor’s Degree in Physics. Mr. Huang was
appointed to serve as member of the Company’s compensation committee.
Mr.
Hsu,
54, has been the president of Global Education Initiatives, Inc., a company
which develops higher education collaboration programs between the U.S., Taiwan
and China, since 1997. He has also been the chief executive officer of Greater
New York Home Care Systems, Inc., a company which provides infusion and other
health care services to patients in their homes, since 1998. He is a founder
of
HeritageEast, a company which promotes cultural exchange between the U.S. and
China, and YYnet Communications, a company which specializes in information
system services. He received B.A. in Economics from Taiwan University, M.A
in
Management Science from Yale University and Ph.D. in Industrial and Operations
Engineering from the University of Michigan. Mr. Hsu was appointed to serve
as a
member of the Company’s audit committee and compensation committee.
Mr.
Zhang, 66, currently serves as Pluralism Director at the Heilongjiang provincial
Base of Research and Experiment in Polymer Science & Technology since July
1990. Mr. Zhang has also been appointed as a People’s Representative during the
9th
(1998)
and 10th
(2003)
National People’s Congress of China for his extraordinary achievement in Polymer
Science and Technology. Mr. Zhang received a Bachelor’s Degree in Organic
Chemistry from the Heilongjiang University and Master’s Degree in Polymer
Chemistry at the Jillin University. Mr. Zhang was also a visiting scholar at
the
University of Bradford. Mr. Zhang was appointed to serve as Chairman of the
compensation committee and a member of the audit committee.
Also
on
October 15, 2007, Yanzhi Liu and Yuhong Yang resigned as Directors of the
Company, effective immediately.
SIGNATURE
Pursuant
to the requirements of the Securities Exchange Act of 1934, the Registrant
has
duly caused this Form 8-K current report to be signed on its behalf by the
undersigned hereunto duly authorized.
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| Dated:
October 22, 2007 |
China
Education
Alliance, Inc. |
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By: |
/s/
Xiqun Yu |
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Xiqun
Yu
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Chief
Executive Officer
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