Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934


Date of report (Date of earliest event reported): December 16, 2019



(Exact name of registrant as specified in its charter)



(State or other jurisdiction of incorporation)


001-34577   20-4158835
(Commission File Number)   (IRS Employer Identification No.)


Science Park, Juli Road

Xushui District, Baoding City

Hebei Province, People’s Republic of China

(Address of principal executive offices)   (Zip Code)


(86) 312-8698215

(Registrant’s telephone number, including area code)



(Former name or former address, if changed since last report)


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):


  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)


  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)


  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))


  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))


Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).


Emerging growth company


If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.


Securities registered pursuant to Section 12(b) of the Act:


Title of Each Class   Trading Symbol(s)   Name of Each Exchange on Which Registered
Common Stock   ITP   NYSE MKT







Item 1.01 Entry into a Material Definitive Agreement.


On December 16, 2019, Hebei Baoding Dongfang Paper Milling Company Limited (“Dongfang Paper”), the major operating entity of IT Tech Packaging, Inc. (the “Company”), entered into a supplement agreement (the “Supplemental Agreement”) to an acquisition Agreement it entered into on June 25, 2019 with Hebei Tengsheng Paper Co. Ltd. (“Tengsheng Paper”), pursuant to which the consideration for acquiring Tengsheng Paper shall be in cash and any balance payment for the purchase price shall be paid no later than December 31, 2021. In addition, the acquisition shall be consummated upon the full payment of the purchase price.


The foregoing descriptions of the Supplemental Agreement are qualified in their entirety by reference to the such agreement, an English translation version of which is filed herewith as Exhibit 10.1, to this Current Report on Form 8-K.


Item 9.01  Financial Statements and Exhibits.


(d)           Exhibits.


Exhibit Number   Description
10.1   English Translation of the Supplement Agreement








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 hereunto duly authorized.


Date: December 17, 2019 By: /s/ Zhenyong Liu
    Name:  Zhenyong Liu
    Title: Chief Executive Officer






Exhibit 10.1


Supplement Agreement To The Acquisition Agreement


Contract No: HB-2019-12-16


Transferor: Hebei Tengsheng Paper Co.,Ltd (“Party A”)

Transferee: Hebei Baoding Dongfang Paper Milling Co.,Ltd (“Party B”)


On June 25, 2019, the two parties entered into The Acquisition Agreement, Contract No: HB-2019-06-25 (“The original agreement”). Through friendly negotiation, the two parties hereby enter into the following Supplement Agreement:


1. Basic Information of Acquisition


The basic conditions and relevant rights and obligations of The Original Agreement shall remain unchanged and valid.


2. Payment Terms


1) By consensus and agreement of two parties, the payment shall be in cash.


2) The original payment term is extended. Party B shall pay all the payments off no later than December 31, 2021 unless further agreement reached. The acquisition shall be deemed completed upon full payment.


3. Others


1) The Supplement Agreement is an integral part of The Original Agreement. It is complementary to The Original Agreement with the same legal effect. In case of any conflict between the contents, the supplement Agreement shall prevail.


2) The Supplement Agreement shall come into force on the date of execution.


3) The Original Agreement and The Supplement Agreement may be amended, supplemented, modified or terminated upon mutual agreement. Such amendment, supplement or modification shall be made in writing and shall come into force on the date of execution.


(Signatures follow)





(Below is the signature page for the Supplement Agreement To The Acquisition Agreement)


Hebei Tengsheng Paper Co.,Ltd


Legal Representative


Entrusted Representative


Date: December 16, 2019


Hebei Baoding Dongfang Paper Milling Co.,Ltd


Legal Representative


Entrusted Representative


Date: December 16, 2019