ITEM 5.02 DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS;
APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS.
On September 11, 2020, China VTV Limited (the "Company") granted 2,000,000
shares of its common stock (the "Stock Award"), par value $0.001 per share, to
Ms. Gehui Xu, one of the members of the Company's board of directors (the
"Board") pursuant to a restricted stock agreement (the "Agreement") dated
September 4, 2020. In accordance with the Agreement, the Company issued the
Stock Award to Ms. Xu for her services provided to the Company as a member of
the Board since November 29, 2019.
The foregoing description of the Agreement is qualified by reference to the full
text of the Agreement, which is filed as Exhibit 10.1 hereto and incorporated
herein by reference.
ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS.
The exhibit listed in the following Exhibit Index is filed as part of this
Current Report on Form 8-K.
Exhibit No. Description
10.1 The Restricted Stock Agreement dated September 4, 2020
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