Hong Kong Winalite Group Inc (OTC:HKWO)

On May 31, 2012, Mr. Jason Xu resigned from his position as Chief Financial Officer of Hong Kong Winalite Group, Inc. (the “Company”) for personal reasons. There were no disagreements between Mr. Xu and the Company on any matter relating to the Company’s operations, policies or practices, which resulted in his resignation.

Effective December 22, 2011, Jason Xu was appointed as the Company’s Chief Financial Officer. Mr. Xu has more than ten years of professional accounting and auditing experience with public accounting firms, including recent experience with auditing and review of filings for public companies. Since June 2010, Mr. Xu has been a consultant providing services to Chinese companies which are public in the United States. From July 2008 to May 2010, Mr. Xu worked as a senior accountant at Kabani & Company Inc. in Los Angeles, California. From January 2003 to June 2008, Mr. Xu worked at A La Mode Furnishings, Inc. as a financial controller. From January 2000 to January 2003, Mr. Xu worked as a cost accountant at Shanghai KRUPP Stainless. From September 1998 to January 2000, Mr. Xu worked as a staff accountant at Dow Corning (Shanghai) Co. Ltd.

On June 30, 2011, Mr. Ge Wen resigned from his positions as Chief Financial Officer, Chief Executive Officer and Secretary of Board of Director and Director of Hong Kong Winalite Group, Inc. (the “Company”) for personal reasons.

"In 2009, we intend to develop relationships with many other distributors in new countries. We expect to continue to develop new products, and to enter into agreements with additional distributors for distribution of our products both within China and other countries. We expect that our revenues will continue to increase as we expand into new markets and increase our market share within existing markets."

Source: SEC Form 10Q (For the quarterly period ended: March 31, 2009, page 17)

The company has yet to file its June second quarter financials. However, on August 13, 2009, it filed a late notification notice that included the following commentary:

The Registrant’s revenues will differ significantly from the revenues results reported in the Form 10-Q for the quarter ended June 30, 2008, as such amounts of revenue have increased from about US$950,000 for the corresponding fiscal quarter in 2008 to what it expects to report will be more than US$2,480,000 for the fiscal quarter ending June 30, 2009.