# EDGAR Filing Document

**Accession Number:** 0001439237
**File Stem:** 0001829126-23-001069
**Filing Date:** 2023-1
**Character Count:** 9098
**Document Hash:** 685ee9bb31f0605da64bfde7ef2dff4e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001829126-23-001069.hdr.sgml**: 20230127

**ACCESSION NUMBER**: 0001829126-23-001069

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 23

**CONFORMED PERIOD OF REPORT**: 20230125

**ITEM INFORMATION**: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20230127

**DATE AS OF CHANGE**: 20230127

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Quality Online Education Group Inc.
- **CENTRAL INDEX KEY:** 0001439237
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-ENGINEERING, ACCOUNTING, RESEARCH, MANAGEMENT [8700]
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0831

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-34274
- **FILM NUMBER:** 23562941

**BUSINESS ADDRESS:**
- **STREET 1:** #306- 650 HIGHWAY 7 EAST
- **CITY:** RICHMOND HILL
- **STATE:** A6
- **ZIP:** L4B2N7
- **BUSINESS PHONE:** 16479476057

**MAIL ADDRESS:**
- **STREET 1:** #306- 650 HIGHWAY 7 EAST
- **CITY:** RICHMOND HILL
- **STATE:** A6
- **ZIP:** L4B2N7

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ADGS Advisory, Inc.
- **DATE OF NAME CHANGE:** 20130719

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Life Nutrition Products, Inc
- **DATE OF NAME CHANGE:** 20080703

?xml version="1.0" encoding="utf-8"?

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM 8-K**

**CURRENT REPORT**

**Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934**

Date of Report (Date of earliest event reported) January 25, 2023

**QUALITY ONLINE EDUCATION GROUP INC.**

(Exact name of registrant as speciﬁed in its charter)

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| | | |
|:---|:---|:---|
| **Delaware** | **000-54013** | **42-1743717** |
| (State or other jurisdiction <br> of incorporation) | (Commission File Number) | (IRS Employer Identiﬁcation No.) |

---

---

| | |
|:---|:---|
| **Unit 1, 60 Riviera Dr. Markham, Ontario, Canada** | **L3R 5M1** |
| (Address of principal executive oﬃces) | (Zip Code) |

---

Registrant's telephone number, including area code **(647)776-8618**

(Former name or former address, if changed since last report.)

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 (<u>see</u> General Instruction A.2. below):

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

☐ Pre-commencement 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:

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| | | |
|:---|:---|:---|
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
| Common Share | QOEG | OTC PINK |

---

**Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.**

(c) On January 25, 2023 Quality Online Education Group Inc. (the "Company") announced that it had appointed Zhenzheng Mao as the Company's Chief Financial Officer and accepted the resignation of William Tam effective January 25, 2023.

Mr. Mao (age 44) previously served as Chief Financial Officer and other senior management roles in various companies in Southeast Asia and Canada including different Equity Investment Management Company and Asset Management and Investment Company. Mr. Mao has 20 years professional experience in financial management, financial planning and analysis, audit and internal control.

Mr. Mao's annual salary will be CAD $150,000 in which CAD $120,000 will be paid out in restricted common shares at the price of USD $0.02 and the exchange rate will be based on the day of issuance. Mr. Tam will be eligible to a receive a discretionary annual equity award based on performance.

This brief description of the terms of the Agreement is qualified by reference to the provisions of the Agreement attached to this Current Report on Form 8-K as Exhibit 10.1.

There are no family relationships between Mr. Mao and any director, executive officer or person nominated or chosen by the Company to become a director or executive officer. Additionally, there have been no transactions involving Mr. Mao that would require disclosure under Item 404(a) of Regulation S-K.

The Company issued a press release on January 25, 2023, announcing the appointment of Mr. Mao as the Company's Chief Financial Officer, a copy of which is attached to this Form 8-K as Exhibit 99.1.

**Item 9.01 Financial Statements and Exhibits.**

**(d) Exhibits**

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| | |
|:---|:---|
| Exhibit Number | Description |
| 10.1 | [Employment Agreement, dated January 25, 2023 between Zhenzheng Mao and Quality Online Education group Inc.](qualityonline_ex10-1.htm) |
| 99.1 | [Press Release dated January 25, 2023 announcing the appointment of Zhenzheng Mao as the Company's Chief Financial Officer](qualityonline_ex99-1.htm) |

---

**SIGNATURES**

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.

---

| | | |
|:---|:---|:---|
| Date: January 27, 2023 | By: | */s/ XuYe Wu* |
|  | Name: | XuYe Wu |
|  | Title: | Chief Executive Officer |

---

## Exhibit 10.1

**Exhibit 10.1**

![](ex10-1_001.jpg)

![](ex10-1_002.jpg)

![](ex10-1_003.jpg)

![](ex10-1_004.jpg)

![](ex10-1_005.jpg)

![](ex10-1_006.jpg)

![](ex10-1_007.jpg)

![](ex10-1_008.jpg)

## Exhibit 99.1

**Exhibit 99.1**

![](ex99-1_001.jpg)

FOR IMMEDIATE RELEASE

**Quality Online Education Group Inc. Announces Change**

**To Executive Management**

**TORONTO, ON, January 25, 2022 /** Quality Online Education Group Inc. (OTC PINK:QOEG), (the "Company"), a global provider of leading-edge online education, today announces the new appointment of Zen Zhenzheng Mao as its Chief Financial Officer and the resignation of Mr. William Wai-Hung Tam as its Chief Financial Officer, effective, January 25, 2023.

Mr. Mao previously served as Chief Financial Officer and other senior management roles in various companies in Southeast Asia and Canada including different Equity Investment Management Company and Asset Management and Investment Company. Mr. Mao has 20 years professional experience in financial management, financial planning and analysis, audit and internal control.

"I am excited to have Zhenzheng join our talented team as the CFO, working cohesively together in the new era of our growth" said Edward Wu, Chief Executive Officer of QOEG.

**About Quality Online Education Group, Inc.**

Quality Online Education Group, Inc. ("QOEG"), based in Canada, is a leading e-Learning company that provides comprehensive online English lessons to students around the globe. The Company is a pioneer and industry leader in providing real-time online small group classes. Our students achieve noticeable and quantifiable results by our delivery of quality education from our passionate team of teachers and teaching assistants, based in North America, South Africa and the Philippines. With our AI system, we have combined Education and Entertainment ("Edu-tainment") as part of our teaching strategy. It is our mission to develop confidence in our students so they can reach their goals through an enjoyable yet efficient learning experience! For more information, please visit: www.qualityonline.education

![](ex99-1_001.jpg)

**Safe Harbor Statement**

Safe Harbor Statement Information in this press release may contain 'forward-looking statements. Statements describing objectives or goals or the Company's future plans are also forward-looking statements and are subject to risks and uncertainties, including the financial performance of the Company and market valuations of its stock, which could cause actual results to differ materially from those anticipated. Forward-looking statements in this news release are made pursuant to the 'Safe Harbor' provisions of the United States Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, risks relating to the ability to close transactions being contemplated, risks related to sales, acceptance of Quality Online Education Group Inc.'s products, increased levels of competition, changes, dependence on intellectual property rights and other risks detailed from time to time in Quality Online Education Group Inc., periodic reports filed with the regulatory authorities.

**CONTACTS:**

Quality Online Education Group Inc.<br> XuYe Wu, CEO<br> Contactus@qoeg.ca