UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DCD.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the ~~Securities Exchange Act of 1934~~

~~Date of~~Securities ~~Report~~Exchange ~~(Date~~Act of ~~earliest event reported): September 7, 2021~~1934

~~CHINA~~Date XDof ~~PLASTICS~~Report ~~COMPANY~~(Date ~~LIMITED~~of earliest event reported): September 17, 2021

CHINA XD PLASTICS COMPANY LIMITED (Exact name of registrant as specified in its charter)

Nevada		001-34546		04-3836208
(State or other jurisdiction of incorporation)		(Commission File Number)		(~~IRS~~I.R.S. Employer Identification No.)

No. 9 Dalian North Road, Haping Road Centralized Industrial Park, Harbin Development Zone, Heilongjiang Province, the PRC		150060
(Address of principal executive offices)		(Zip Code)
Registrant’s telephone number, including area code: (86) 451-8434-6600

(86) 451-8434-6600

(Registrant’s Telephone Number, Including Area Code)

Not applicable

(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:

☐ 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~~13a-4(c))

~~Securities~~Indicate ~~registered~~by ~~pursuant~~check tomark ~~Section~~whether 12the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (b§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act: of 1934 (§240.12b-2 of this chapter).

Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock CXDC Nasdaq Global Market

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

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. ☐

~~ITEM~~Securities ~~3.01~~registered ~~Notice~~pursuant ~~of Delisting or Failure~~ to ~~Satisfy~~Section a12(b) ~~Continued Listing Rule or Standard; Transfer~~ of ~~Listing.~~the Act:

~~On September~~Title 7,of ~~2021,~~each ~~China~~class XDTrading ~~Plastic Company Limited~~ Symbol(~~the “Company”~~s) ~~received~~Name aof ~~letter~~each ~~(the~~exchange ~~“Letter”)~~on ~~from~~which ~~the Listing~~registered ~~Qualifications~~Common ~~Department of the Nasdaq~~ Stock ~~Market~~CXDC ~~(“Nasdaq”)~~The ~~indicating that~~ Nasdaq’s ~~staff~~Global ~~(the “Staff”) has determined to deny the Company’s request for continued listing on Nasdaq.~~Market

~~The~~Item Letter states that the Staff has notified the Company on April 16, 2021 that it did not comply with Nasdaq’s filing requirements for continued inclusion set forth in Listing Rule 5250(c)(1) (the “Rule”) because it had not filed its Form 10-K for the fiscal year ended December 31, 2020 and notified the Company through subsequent additional delinquency notifications for failing to file its Forms 10-Q for the periods ended March 31, 2021 and June 30, 20214. ~~The Company submitted materials to Nasdaq relating to its plan to regain compliance (the “Submission”)~~01. ~~Based~~Changes onin ~~the Staff~~Registrant’s ~~review~~Certifying and the Submission, in addition to a telephone discussion on July 26, 2021, the Staff has determined that the Company did not provide a definitive plan evidencing its ability to achieve compliance with the Rule.Accountant

~~Unless~~(a) ~~the~~Dismissal ~~Company requests an appeal~~ of ~~this~~Previous ~~determination~~Independent ~~pursuant~~Registered toPublic ~~the~~Accounting procedures set forth in the Nasdaq Listing Rule 5800 Series, trading of the Company’s common stock will be suspended at the opening of business on September 16, 2021, and a Form 25-NSE will be filed with the Securities and Exchange Commission, which will remove the Company’s securities from listing and registration on The Nasdaq Stock Market. The Company plans to request such an appeal and a hearing before a Nasdaq Hearings Panel no later than September 14, 2021 to seek an exception period in which to complete its filings and thereby regain compliance with listing standards.Firm

On September 1017, 2021, the ~~Company~~Audit ~~issued~~Committee a(“Audit ~~press~~Committee”) ~~release~~of ~~announcing~~the ~~its~~Board ~~receipt~~ of Directors (the ~~Letter.~~“Board”) Aof China ~~copy~~XD ofPlastics Company Limited (the ~~press~~“Company”) ~~release~~and isthe ~~attached as~~Board ~~Exhibit~~both ~~99.1~~approved tothe ~~this~~dismissal ~~Current~~of ~~Report~~Friedman onLLP ~~Form~~(“Friedman”) as ~~8-K~~the ~~and~~Company’s isindependent ~~incorporated~~registered ~~herein~~public byaccounting ~~reference~~firm, effective September 17, 2021.

~~ITEM~~Friedman ~~9.01~~was ~~Financial~~appointed ~~Statements~~as the Company’s independent registered public accounting firm for the fiscal year ended December 31, 2020 on February 18, 2021 and ~~Exhibits~~did not issue audit report on the Company’s financial statements for the fiscal year ended December 31, 2020. During the interim periods from February 18, 2021 through September 17, 2021, there were no disagreements with Friedman on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedures.

~~(d)~~The ~~Exhibits~~Company provided Friedman with a copy of the above disclosure and requested that Friedman furnish the Company with a letter addressed to the Securities and Exchange Commission stating whether or not it agrees with the above statement. A copy of Friedman’s letter is filed as Exhibit 16.1 to this Form 8-K.

Exhibit No.		Description
99.1		Press release dated September 10, 2021.

(b) Engagement of New Independent Registered Public Accounting Firm

On September 17, 2021, the Audit Committee and the Board both approved the appointment of BF Borgers CPA PC (“Borgers”), effective September 17, 2021, as the Company’s independent registered public accounting firm.

During the fiscal years ended December 31, 2020 and December 31, 2019 and the subsequent interim periods prior to the engagement of Borgers, neither the Company nor anyone acting on its behalf consulted with Borgers regarding any of the matters or events set forth in Item 304(a)(2)(i) and (ii) of Regulation S-K.

Item 9.01. Financial Statements and Exhibits.

(d)		Exhibits.

16.1		Letter of Friedman LLP to the Securities and Exchange Commission dated September 17, 2021

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 hereunto duly authorized.

~~Date~~CHINA XD PLASTICS COMPANY LIMITED By: ~~September~~ ~~10,~~/s/ ~~2021~~Jie Han Name: Title: Jie Han Chief Executive Officer

~~CHINA XD PLASTICS COMPANY LIMITED By~~Dated: September ~~/s/~~17, ~~Jie HAN Name: Jie HAN Title: Chief Executive Officer~~2021

Filing Compare · China XD Plastics Co Ltd