CONSUMER CAPITAL GROUP, INC. (OTCMKTS:CCGN) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Resignation of Director
On September 6, 2017, Mr. Dong Yao tendered his resignation as Director of Consumer Capital Group Inc. (the “Company”), effective immediately. Mr. Yao’s resignation was not a result of any disagreement with the Company on any matter relating to the Company’s operations, policies (including accounting or financial policies) or practices. Mr. Yao remains as Chief Technology Officer of the Company.
Item 99.1 Financial Statements and Exhibits.
Consumer Capital Group, Inc. ExhibitEX-10.1 2 f8k090617ex10-1_consumercap.htm CORRESPONDENCE OF DONG YAO’S RESIGNATION AS CFO,…To view the full exhibit click here
About CONSUMER CAPITAL GROUP, INC. (OTCMKTS:CCGN)
Consumer Capital Group Inc. is a holding company. The Company operates the Internet finance business through its subsidiaries, America Arki (Fuxin) Network Management Co. Ltd. (Arki Fuxin), America Arki Network Service Beijing Co., Ltd. (Arki Network Service) and Arki (Beijing) E-Commerce Technology Corp. (Arki Beijing), through respective contractual arrangements among these parties. Arki Network Service, through America Arki (Tianjin) Capital Management Partnership (Arki Tianjin), engages in wealth management business. Arki Tianjin operates its business on its crowdfunding platform Bangnitou, which translates to Help You Invest in English and attracts capital from investors to invest in fixed income opportunities. Arki Network Service operates its peer-to-peer lending business through Shanghai Zhong Hui Financial Information Service Corp. (Zhong Hui), which is an online consumer finance marketplace in the People’s Republic of China (PRC) connecting investors and corporate borrowers.
