☒
|
QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
|
For the quarterly period ended
|
March 31, 2017
|
or
|
☐
|
TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
|
For the transition period from
|
to
|
Commission File Number
|
333-188152
|
ZHEN DING RESOURCES INC.
|
||
(Exact name of registrant as specified in its charter)
|
||
Delaware
|
11-335926
|
|
(State or other jurisdiction of incorporation or organization)
|
(IRS Employer Identification No.)
|
Suite 205, 353 St. Nicolas, Montreal, Quebec, Canada
|
H2Y 2P1
|
(Address of principal executive offices)
|
(Zip Code)
|
438-882-4148
|
|
(Registrant’s telephone number, including area code)
|
|
N/A
|
|
(Former name, former address and former fiscal year, if changed since last report)
|
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.
|
|||||||||||||||||||
☒
|
YES
|
☐
|
NO
|
||||||||||||||||
Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).
|
|||||||||||||||||||
☒
|
YES
|
☐
|
NO
|
||||||||||||||||
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a small reporting company or an emerging growth company. See the definitions of “large accelerated filer”, “accelerated filer”, “smaller reporting company” and “emerging growth company” in Rule 12b-2 of the Exchange Act.
|
|||||||||||||||||||
Large accelerated filer
|
☐
|
Accelerated filer
|
☐
|
||||||||||||||||
Non-accelerated filer
|
☐
|
(Do not check if a smaller reporting company)
|
Smaller reporting company
|
☒
|
|||||||||||||||
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. ☐
|
|||||||||||||||||||
Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act)
|
|||||||||||||||||||
☐
|
YES
|
☒
|
NO
|
APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPT
CYPROCEEDINGS DURING THE PRECEDING FIVE YEARS
Check whether the registrant has filed all documents and reports required to be filed by Sections 12, 13 or 15(d) of the Exchange Act after the distribution of securities under a plan confirmed by a court.
|
|||||||||||||||||||
☐
|
YES
|
☐
|
NO
|
APPLICABLE ONLY TO CORPORATE ISSUERS
|
Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date.
|
63,968,798 common shares issued and outstanding as of May 9, 2017
|
PART I - FINANCIAL INFORMATION
|
2
|
|
2
|
||
12
|
||
18
|
||
18
|
||
PART II - OTHER INFORMATION
|
19
|
|
19
|
||
19
|
||
19
|
||
19
|
||
19
|
||
19
|
||
20
|
||
21
|
|
March 31,
|
December 31,
|
||||||
|
2017
|
2016
|
||||||
Assets
|
||||||||
|
||||||||
Current Assets:
|
||||||||
Cash and cash equivalents
|
$
|
33,771
|
$
|
6,918
|
||||
Total current assets
|
33,771
|
6,918
|
||||||
|
||||||||
Total assets
|
$
|
33,771
|
$
|
6,918
|
||||
|
||||||||
Liabilities and Stockholders’ Deficit
|
||||||||
|
||||||||
Current Liabilities:
|
||||||||
Accounts payable and accrued liabilities
|
$
|
326,556
|
$
|
305,804
|
||||
Accrued interest – related parties
|
2,891,401
|
2,737,056
|
||||||
Deferred revenues
|
146,062
|
144,926
|
||||||
Due to related parties
|
763,801
|
749,219
|
||||||
Short-term debt-related parties
|
3,720,514
|
3,642,110
|
||||||
Total current liabilities
|
7,848,334
|
7,579,115
|
||||||
|
||||||||
Stockholders’ Deficit:
|
||||||||
Common stock, 150,000,000 shares authorized,
$0.0001 par value, 63,968,798 shares issued and outstanding |
6,397
|
6,397
|
||||||
Additional paid-in capital
|
12,762,875
|
12,762,875
|
||||||
Subscriptions receivable
|
(5,431
|
)
|
(5,431
|
)
|
||||
Accumulated other comprehensive gain
|
486,599
|
524,801
|
||||||
Accumulated deficit
|
(18,678,965
|
)
|
(18,530,405
|
)
|
||||
Total deficit attributable to Zhen Ding Resources Inc.
|
(5,428,525
|
)
|
(5,241,763
|
)
|
||||
Non-controlling interests
|
(2,386,038
|
)
|
(2,330,434
|
)
|
||||
|
||||||||
Total stockholders’ deficit
|
(7,814,563
|
)
|
(7,572,197
|
)
|
||||
|
||||||||
Total liabilities and stockholders’ deficit
|
$
|
33,771
|
$
|
6,918
|
Three Months
Ended |
Three Months
Ended |
|||||||
March 31, 2017
|
March 31, 2016
|
|||||||
|
||||||||
Operating expenses:
|
||||||||
General and administrative
|
53,624
|
26,183
|
||||||
|
||||||||
Total operating expenses
|
53,624
|
26,183
|
||||||
|
||||||||
Operating loss
|
(53,624
|
)
|
(26,183
|
)
|
||||
|
||||||||
Other expenses:
|
||||||||
Interest expense
|
(134,167
|
)
|
(138,115
|
)
|
||||
|
||||||||
Total other expenses
|
(134,167
|
)
|
(138,115
|
)
|
||||
|
||||||||
Net loss
|
(187,791
|
)
|
(164,298
|
)
|
||||
|
||||||||
Loss attributable to non-controlling interests
|
39,231
|
41,559
|
||||||
|
||||||||
Net loss attributable to Zhen Ding Resources Inc.
|
$
|
(148,560
|
)
|
$
|
(122,739
|
)
|
||
|
||||||||
Basic and diluted loss per common share
|
$
|
(0.00
|
)
|
$
|
(0.00
|
)
|
||
|
||||||||
Basic and diluted weighted average number
|
||||||||
of common shares outstanding
|
63,968,798
|
63,968,798
|
||||||
|
||||||||
Comprehensive loss:
|
||||||||
Net loss
|
$
|
(187,791
|
)
|
$
|
(164,298
|
)
|
||
Other comprehensive income:
|
||||||||
Foreign currency translation adjustments
|
(54,575
|
)
|
(47,555
|
)
|
||||
Total comprehensive loss
|
(242,366
|
)
|
(211,853
|
)
|
||||
Comprehensive loss attributable to non-controlling interest
|
55,604
|
55,826
|
||||||
Comprehensive loss attributable to Zhen Ding Resources Inc.
|
$
|
(186,762
|
)
|
$
|
(156,027
|
)
|
Zhen Ding Resources Inc.
|
(Unaudited)
|
|
Three Months
Ended |
Three Months
Ended |
||||||
|
March 31, 2017
|
March 31, 2016
|
||||||
Cash flows from operating activities
|
||||||||
Net loss
|
$
|
(187,791
|
)
|
$
|
(164,298
|
)
|
||
Adjustment to reconcile net loss to net cash used in operating
activities: |
||||||||
Change in operating assets and liabilities
|
||||||||
Accounts payable and accrued liabilities
|
18,577
|
2,337
|
||||||
Accrued interest-related parties
|
134,168
|
139,820
|
||||||
Net cash used in operating activities
|
(35,046
|
)
|
(22,141
|
)
|
||||
|
||||||||
Cash flows from financing activities
|
||||||||
Advance from related party
|
8,706
|
-
|
||||||
Proceeds from borrowings on short-term debt – related parties
|
53,189
|
35,571
|
||||||
Net cash provided by financing activities
|
61,895
|
35,571
|
||||||
|
||||||||
Foreign currency translation
|
4
|
(2
|
)
|
|||||
|
||||||||
Net change in cash and cash equivalents
|
26,853
|
13,428
|
||||||
Cash and cash equivalents - beginning of the period
|
6,918
|
4,320
|
||||||
|
||||||||
Cash and cash equivalents - end of the period
|
$
|
33,771
|
$
|
17,748
|
||||
|
||||||||
Supplemental cash flows information:
|
||||||||
Cash paid for interest
|
$
|
-
|
$
|
-
|
||||
Cash paid for income tax
|
$
|
-
|
$
|
-
|
Buildings
|
20 years
|
Motor vehicles
|
5 years
|
Production and office Equipment
|
5 years
|
|
March 31,
|
December 31,
|
||||||
|
2017
|
2016
|
||||||
|
||||||||
Buildings
|
$
|
1,235,058
|
$
|
1,225,448
|
||||
Motor vehicles
|
58,368
|
57,914
|
||||||
Production and office equipment
|
1,209,833
|
1,200,419
|
||||||
155,652
|
154,441
|
|||||||
Subtotal
|
2,658,911
|
2,638,222
|
||||||
Less: Accumulated depreciation
|
(1,078,350
|
)
|
(1,069,960
|
)
|
||||
Less: Impairment of long-lived assets
|
(1,580,561
|
)
|
(1,568,262
|
)
|
||||
Property and equipment, net
|
$
|
-
|
$
|
-
|
Annual
|
|||||||||||
Name
|
Relationship to the Company
|
Amount
|
Interest Rate
|
Start Date
|
Maturity
|
||||||
Shor-term debt
|
|||||||||||
Wei De Gang
|
CEO & Legal person of JXZD
|
$
|
2,608,912
|
15%
|
May 31, 2011
|
May 31, 2014
|
|||||
Zhao Yan Ling
|
Former office manager of JXZD,
wife of Zhou Zhi Bin |
15,236
|
15%
|
January 1, 2011
|
December 31,
2013 |
||||||
Zhou Zhi Bin
|
Former CEO & Legal person of
JXZD |
7,255
|
15%
|
January 1, 2011
|
December 31,
2013 |
||||||
Tang Yong Hong
|
Manager of JXZD
|
312,332
|
15%
|
February 28, 2015
|
February 28,
2016 |
||||||
Yan Chun Yan
|
Accountant of JXZD
|
6,927
|
15%
|
August 31, 2014
|
August 31, 2015
|
||||||
Wen Mei Tu
|
President & shareholder of ZDRI
|
354,800
|
12%
|
Various
|
Various
|
||||||
Importation Tresor Plus
Inc |
Shareholder of ZDRI
|
30,000
|
12%
|
July 9, 2012
|
July 12, 2013
|
||||||
Tony Ng Man Kin
|
Shareholder of ZDRI
|
25,000
|
12%
|
February 27, 2013
|
February 27,
2014 |
||||||
Wei Tai Trading Inc.
|
Shareholder of ZDRI
|
12,000
|
12%
|
June 3, 2015
|
September 3,
2015 |
||||||
JYS Technologies Inc.
|
Owned by Wen Mei Tu’s brother-
in-law |
6,000
|
12%
|
May 22, 2015
|
July 19, 2016
|
||||||
Philip Pak
|
Shareholder of ZDRI
|
30,000
|
12%
|
March 17, 2017
|
March 17, 2018
|
||||||
Victor Sun
|
Consultant & shareholder of
ZDRI |
3,887
|
0%
|
January 1, 2013
|
On Demand
|
||||||
Helen Wang
|
President of Z&W CA
|
17,965
|
0%
|
January 1, 2011
|
On Demand
|
||||||
Current portion of long-term debt
|
|||||||||||
Zhou Qiang
|
Office manager of JXZD
|
290,200
|
15%
|
December 18,
2012 |
December 18,
2015 |
||||||
Total
|
|
$
|
3,720,514
|
|
Annual
|
|||||||||||
Name
|
Relationship to the Company
|
Amount
|
Interest Rate
|
Start Date
|
Maturity
|
||||||
Shor-term debt
|
|||||||||||
Wei De Gang
|
CEO & Legal Person of JXZD
|
$
|
2,588,518
|
15%
|
May 31, 2011
|
May 31, 2014
|
|||||
Zhao Yan Ling
|
Former Office Manager in JXZD,
wife of Zhou Zhi Bin |
15,117
|
15%
|
January 1, 2011
|
December 31,
2013 |
||||||
Zhou Zhi Bin
|
Former CEO & Legal Person of
JXZD |
7,200
|
15%
|
January 1, 2011
|
December 31,
2013 |
||||||
Tang Yong Hong
|
Manager of JXZD
|
309,901
|
15%
|
February 28, 2015
|
February 28, 2016
|
||||||
Yan Chun Yan
|
Accountant of JXZD
|
6,686
|
15%
|
August 31, 2014
|
August 31, 2015
|
||||||
Wen Mei Tu
|
President & shareholder of ZDRI
|
331,800
|
12%
|
Various
|
Various
|
||||||
Importation Tresor
Plus Inc |
Shareholder of ZDRI
|
30,000
|
12%
|
July 9, 2012
|
July 12, 2013
|
||||||
Tony Ng Man Kin
|
Shareholder of ZDRI
|
25,000
|
12%
|
February 27, 2013
|
February 27, 2014
|
||||||
Wei Tai Trading Inc
|
Shareholder of ZDRI
|
12,000
|
12%
|
June 3, 2015
|
September 3,
2015 |
||||||
JYS Technologies Inc.
|
Owned by Wen Mei Tu’s brother-
in-law |
6,000
|
12%
|
May 22, 2015
|
July 19, 2016
|
||||||
Victor Sun
|
Consultant & shareholder of
ZDRI |
3,923
|
0%
|
January 1, 2013
|
On Demand
|
||||||
Helen Wang
|
President of Z&W CA
|
17,965
|
0%
|
January 1, 2011
|
On Demand
|
||||||
Current portion of long-term debt
|
|||||||||||
Zhou Qiang
|
Office manager of JXZD
|
288,000
|
15%
|
December 18,
2012 |
December 18,
2015 |
||||||
Total
|
|
$
|
3,642,110
|
|
Three Months
Ended March 31, 2017 |
Three Months
Ended March 31, 2016 |
Percentage Increase
(Decrease) Between Three Month Periods Ended March 31, 2017 and March 31, 2016
|
|||||||||
General and administrative
|
$
|
53,624
|
$
|
26,183
|
104.80%
|
|
|||||
Interest expense
|
134,167
|
138,115
|
(2.86%)
|
||||||||
Net loss
|
$
|
187,791
|
$
|
164,298
|
14.30%
|
|
At
March 31, 2017 |
At
December 31, 2016 |
|||||||
Current assets
|
$
|
33,771
|
$
|
6,918
|
||||
Current liabilities
|
7,848,334
|
7,579,115
|
||||||
Working capital deficit
|
$
|
(7,814,563
|
)
|
$
|
(7,572,197
|
)
|
|
Three Months Ended
|
|||||||
|
March 31,
|
|||||||
|
2017
|
2016
|
||||||
Net cash used in operating activities
|
$
|
(35,046
|
)
|
$
|
(22,141
|
)
|
||
Net cash provided by financing activities
|
$
|
61,895
|
$
|
35,571
|
||||
Net increase in cash during period
|
$
|
26,853
|
$
|
13,428
|
Estimated Net Expenditures During The Next Twelve Months
|
||||
|
||||
General and administrative expenses
|
$
|
1,000,000
|
||
Exploration expenses: identify additional veins; re-start mill; re-test mill;
develop expansion plan for plant capacity
|
$
|
2,000,000
|
||
Total
|
$
|
3,000,000
|
Exhibit
Number |
|
Description
|
(3)
|
|
Articles of Incorporation and Bylaws
|
3.1
|
|
Articles of Incorporation filed with the Secretary of State of the State of Delaware on September 6, 1996 (Incorporated by reference to our Registration Statement on Form S-1 filed January 6, 2014)
|
3.2
|
|
Bylaws (Incorporated by reference to our Registration Statement on Form S-1 filed January 6, 2014)
|
3.3
|
|
Certificate of Amendment of Certificate of Incorporation filed with the Secretary of State of the State of Delaware on November 4, 1996 (Incorporated by reference to our Registration Statement on Form S-1 filed January 6, 2014)
|
3.4
|
|
Certificate of Amendment of Certificate of Incorporation filed with the Secretary of State of the State of Delaware on February 28, 2012 (Incorporated by reference to our Registration Statement on Form S-1 filed January 6, 2014)
|
3.5
|
|
Certificate of Amendment of Certificate of Incorporation filed with the Secretary of State of the State of Delaware on March 20, 2012 (Incorporated by reference to our Registration Statement on Form S-1 filed January 6, 2014)
|
3.6
|
|
Certificate of Ownership and Merger filed with the Secretary of State of the State of Delaware on October 28, 2013 (Incorporated by reference to our Registration Statement on Form S-1 filed January 6, 2014)
|
(10)
|
|
Material Contracts
|
10.1
|
|
The Contract for Sino-Foreign Equity Joint Venture dated as of November 12, 2004 by and between Zhen Ding Corporation and Jing Xiang Xin Zhou Gold Co. Ltd. (Incorporated by reference to our Registration Statement on Form S-1 filed January 6, 2014)
|
10.2
|
|
Articles of Association for Zhen Ding JV dated as of October 12, 2006 by and between Z&W Zhen Ding Corporation and Jing Xiang Xin Zhou Gold Co. Ltd. (Incorporated by reference to our Registration Statement on Form S-1/A filed on February 13, 2015)
|
10.3
|
|
Supply Contract of Gold Concentrate Fines dated July 20, 2012 between Zhen Ding Mining Co., Ltd. and Yantai Jin Ao Metallurgical Co. Ltd.(Incorporated by reference to our Registration Statement on Form S-1/A filed on February 13, 2015)
|
10.4
|
|
Mining License No. C3400002009114110049341 dated November 5, 2014 in favor of Jing Xiang Xin Zhou Gold Co. Ltd. (Incorporated by reference to our Registration Statement on Form S-1/A filed on February 13, 2015)
|
10.5
|
|
Gold Mining License No. (2005) 042 in favor of Jing Xiang Xin Zhou Gold Co. Ltd. (Incorporated by reference to our Registration Statement on Form S-1/A filed on February 13, 2015)
|
10.6
|
|
Form of Loan Agreements between Wen Mei Tu and Zhen Ding Resources Inc. (Incorporated by reference to our Registration Statement on Form S-1/A filed on February 13, 2015)
|
10.7
|
|
Business License Registration No. 3425004000003061(1-1) dated November 17, 2014 in favor of Zhen Ding Mining Co. Ltd. (Incorporated by reference to our Registration Statement on Form S-1/A filed June 9, 2015)
|
(31)
|
|
Rule 13a-14 (d)/15d-14d) Certifications
|
31.1*
|
|
Section 302 Certification by the Principal Executive Officer
|
31.2*
|
|
Section 302 Certification by the Principal Financial Officer and Principal Accounting Officer
|
(32)
|
|
Section 1350 Certifications
|
32.1*
|
|
Section 906 Certification by the Principal Executive Officer
|
32.2*
|
|
Section 906 Certification by the Principal Financial Officer and Principal Accounting Officer
|
101*
|
|
Interactive Data File
|
101.INS
|
|
XBRL Instance Document
|
101.SCH
|
|
XBRL Taxonomy Extension Schema Document
|
101.CAL
|
|
XBRL Taxonomy Extension Calculation Linkbase Document
|
101.DEF
|
|
XBRL Taxonomy Extension Definition Linkbase Document
|
101.LAB
|
|
XBRL Taxonomy Extension Label Linkbase Document
|
101.PRE
|
|
XBRL Taxonomy Extension Presentation Linkbase Document
|
|
|
|
ZHEN DING RESOURCES INC.
|
|
|
|
(Registrant)
|
|
|
|
|
|
|
|
|
Dated: May 15, 2017
|
|
|
/s/Wen Mei Tu
|
|
|
|
Wen Mei Tu
|
|
|
|
President, Treasurer, Secretary and Director
|
|
|
|
(Principal Executive Officer, Principal Financial Officer
and Principal Accounting Officer) |
|
|
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Dated: May 15, 2017
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/s/De Gang Wei
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De Gang Wei
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Chairman, Chief Financial Officer and Director
(Principal Financial Officer and Principal Accounting
Officer) |
2. |
Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
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3. |
Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;
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4. |
The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:
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(a) |
Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
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(b) |
Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
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(c) |
Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
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(d) |
Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and
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5. |
The registrant's other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):
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(a) |
All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and
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(b) |
Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.
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/s/Wen Mei Tu
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Wen Mei Tu
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President, Chief Executive Officer and Director
(Principal Executive Officer) |
2. |
Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
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3. |
Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;
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4. |
The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:
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(a) |
Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
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(b) |
Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
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(c) |
Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
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(d) |
Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and
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5. |
The registrant's other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):
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(a) |
All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and
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(b) |
Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.
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/s/De Gang Wei
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De Gang Wei
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Chairman, Chief Financial Officer and Director
(Principal Financial Officer and Principal Accounting Officer) |
(1) |
the Quarterly Report on Form 10-Q of Zhen Ding Resources Inc. for the period ended September 30, 2016 (the "Report") fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and
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(2) |
the information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of Zhen Ding Resources Inc.
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Dated: May 15, 2017
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/s/Wen Mei Tu
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Wen Mei Tu
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President, Chief Executive Officer and Director
(Principal Executive Officer) |
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Zhen Ding Resources Inc.
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(1) |
the Quarterly Report on Form 10-Q of Zhen Ding Resources Inc. for the period ended September 30, 2016 (the "Report") fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and
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(2) |
the information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of Zhen Ding Resources Inc.
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Dated: May 15, 2017
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/s/De Gang Wei
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De Gang Wei
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Chairman, Chief Financial Officer and Director
(Principal Financial Officer and Principal Accounting Officer) |
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Zhen Ding Resources Inc.
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