UNITED STATES SECURITIES AND EXCHANGE COMMISSION ~~Washington, D.C. 20549~~

Washington, D.C. 20549

______________

FORM 8-K

______________

CURRENT REPORT

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

Date of Report (Date of earliest event reported): ~~July~~ 8,July ~~2020 (June 28~~5, ~~2020)~~2021

~~XT ENERGY GROUP, INC. (Exact name of registrant as specified in its charter)~~______________

Nevada		000-54520		98-0632932
(State or other jurisdiction of incorporation)		(Commission File Number)		(I.R.S. Employer Identification No.)

XT ENERGY GROUP, INC.

~~No.1~~(Exact ~~Fuqiao~~name ~~Village,~~of ~~Henggouqiao~~registrant ~~Town,~~ as specified in its charter)

~~Xianning, Hubei, China 437012 (Address of principal executive offices)~~______________

Registrant’s telephone number, including area code: +1 (929) 228-9298

Nevada	0-54520	98-0632932
(State or Other Jurisdiction	(Commission	(I.R.S. Employer
of Incorporation)	File Number)	Identification No.)

~~N/A~~No. 1, Fuqiao Village, Hengguoqiao Town, Xianning, Hubei, P.R. China 437012

(~~Former~~Address ~~name~~of orPrincipal ~~former~~Executive ~~address,~~Office) ~~if changed~~(Zip ~~since last report.~~Code)

626-991-9603

(Registrant’s telephone number, including area code)

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

Title of each class		Trading Symbol(s)		Name of each exchange on which registered

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

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

Securities registered pursuant to Section 12(b) of the Act: None.

Title of each class Trading Symbol(s) Name of each exchange on which registered Not Applicable Not Applicable Not Applicable

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~~ITEM 15.0102 ~~Entry~~DEPARTURES ~~into~~OF aDIRECTORS ~~Material~~OR ~~Definitive~~CERTAIN ~~Agreement.~~OFFICERS, APPOINTMENT OF CERTAIN OFFICERS

On ~~June~~July 285, ~~2020~~2021, XT ~~Energy~~at ~~Group,~~a ~~Inc.~~meeting through its variable interest entity, Xianning Xiangtian Energy Holding Group Co., Ltd. (“Xianning Xiangtian”), entered into two equity transfer agreements with two individuals to sell one hundred percent of the ~~equity held~~Registrant's byBoard ~~Xianning~~of ~~Xiangtian in its subsidiary Hubei Jinli Hydraulic Co.~~Directors, ~~Ltd. (“Hubei Jinli”) to two separate individuals~~ ~~for an aggregate purchase price of One Hundred Fifty Million Yuan (RMB)~~Mr. ~~Pursuant~~Denghua toZhou ~~the~~submitted ~~terms~~his ofresignation ~~the~~from ~~first~~his ~~equity~~position ~~transfer agreement, Xianning Xiangtian agreed to sell Sixty Percent (60%) of its equity interests in Hubei Jinli to Zhang Xubin for a purchase price of Ninety Million Yuan (RMB), payable~~ as ~~follows: Twenty Seven Million Yuan (RMB) payable within Thirty (30) days after~~ the ~~execution of~~Registrant's ~~the~~Chief ~~equity~~Executive ~~transfer~~Officer ~~agreement,~~and ~~Twenty~~Mr. ~~Seven~~Qiang ~~Million~~Ou ~~Yuan~~submitted ~~(RMB) payable upon equity interests being transferred to the buyer,~~his ~~and~~resignation ~~Thirty~~from ~~Six~~his ~~Million~~position ~~Yuan~~as ~~(RMB) within three months after~~ the ~~execution~~Registrant's ofChief ~~the~~Operating ~~equity transfer agreement~~Officer. ~~Pursuant~~Upon toreceipt ~~the terms~~ of the ~~second~~aforesaid ~~equity transfer agreement~~resignations, Xianning Xiangtian agreed to sell Forty Percent (40%) of its equity interests in Hubei Jinli to Zheng Jian for an aggregate purchase price of Sixty Million Yuan (RMB), payable as follows: Eighteen Million Yuan (RMB) payable within Thirty (30) days after the ~~execution~~Board of ~~the equity transfer agreement, Eighteen Million Yuan (RMB) payable within~~Directors ~~Sixty~~appointed ~~(60)~~Mr. ~~days~~Thomas ofQuon ~~the equity interests being transferred~~ to ~~the~~serve ~~buyer,~~as ~~and Twenty Four Million Yuan (RMB)within three months after~~ the ~~execution~~Registrant's ofChief ~~the~~Executive ~~equity transfer agreement~~Officer.

OnInformation ~~June~~regarding ~~29, 2020, XT Energy Group, Inc~~Mr. ~~through~~Quon its variable interest entity, Xianning Xiangtian, entered into two equity transfer agreements with two individuals to sell one hundred percent of the equity held by Xianning Xiangtian in its subsidiary Jingshan Sanhe Xiangtian New Energy Technology Co., Ltd. (“Jingshan Sanhe”) to two separate individuals for an aggregate purchase price of Thirty Million Yuan (RMB). Pursuant to the terms of the first equity transfer agreement, Xianning Xiangtian agreed to sell Sixty Percent (60%) of its equity interests in Jingshan Sanhe to Wang Xue for a purchase price of Eighteen Million Yuan (RMB), payable as follows: Nine Million Yuan (RMB) payable within Sixty (60) days after the execution of the equity transfer agreement, and Nine Million Yuan (RMB) payable within three months of the equity interests being transferred to the buyer. Pursuant to the terms of the second equity transfer agreement, Xianning Xiangtian agreed to sell Forty Percent (40%) of its equity interests in Jingshan Sanhe to Feng Chao for an aggregate purchase price of Twelve Million Yuan (RMB), payable as follows: Six Million Yuan (RMB) payable within Sixty (60) days after the execution of the equity transfer agreement, and Six Million Yuan (RMB) payable within three months of equity interests being transferred to the buyer.

~~The~~Thomas ~~foregoing~~Quon. ~~descriptions~~Mr. ofQuon ~~equity~~has ~~transfer~~been engaged in the restaurant ~~agreements~~business ~~are~~for ~~only~~over eleven years. Since 2017 Mr. Quon has been employed as a ~~summary~~personal ~~description~~assistant for Zhou Jian, who is a member of the ~~material~~Registrant's Board ~~terms~~ of ~~such~~Directors. ~~agreements~~In that position, Mr. Quon was responsible for acquiring and ~~are~~renovating ~~subject~~new torestaurant locations, and for training the ~~terms~~initial staff of ~~such~~the ~~agreement(s)~~restaurants. From 2010 to 2017, Mr. Quon owned and operated Bonito Hibachi, a restaurant in Freeport, Long Island, where he managed a staff of 40 employees. Mr. Quon attended Aviation High School in Queens, New York. Mr. Quon is 49 years old.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the ~~registrant~~Registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.

	XT Energy Group, Inc.
Date: July 8, 2020	By:	/s/ Qiang Ou
Date: July 9, 2021	By:	/s/ Thomas Quon Thomas Quon, Chief Executive Officer
		Name: Qiang Ou
		Title: COO

Filing Compare · XT Energy Group, Inc.