UNITED STATES
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FORM
CURRENT REPORT
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Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On October 28, 2021 BIMI International Medical Inc. (the “Company”) renewed the term of employment of the Company’s CEO Mr. Tiewei Song for one year and entered into a new employment agreement (the “Renewed Executive Employment Agreement”), effective October 1, 2021. Under the Renewed Executive Employment Agreement, Mr. Tiewei Song’s compensation shall consist of an annual base salary of $1,000,000 in cash and an annual stock compensation of 1 million shares of the Company’s common stock. Other terms of the Renewed Executive Employment Agreement are substantially similar to the two-year executive employment agreement entered into by the Company and Mr. Song on October 1, 2019.
The Renewed Executive Employment Agreement is filed herewith as Exhibit 10.1.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No | Document | |
10.1 | Executive Employment Agreement dated October 28, 2021 | |
104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
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SIGNATURE
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.
Dated: November 1, 2021 | BIMI International Medical Inc. | |
By: | /s/ Tiewei Song | |
Name: | Tiewei Song | |
Title: | Chief Executive Officer |
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