美美证券2022年度报告

UNITEDSTATES SECURITIESANDEXCHANGECOMMISSION Washington,D.C.20549FORM20-F (Markone) ☐REGISTRATIONSTATEMENTPURSUANTTOSECTION12(b)OR(g)OFTHESECURITIESEXCHANGEACTOF1934 OR ☒ANNUALREPORTPURSUANTTOSECTION13OR15(d)OFTHESECURITIESEXCHANGEACTOF1934 ForthefiscalyearendedDecember31,2022 OR ☐TRANSITIONREPORTPURSUANTTOSECTION13OR15(d)OFTHESECURITIESEXCHANGEACTOF1934 OR ☐SHELLCOMPANYREPORTPURSUANTTOSECTION13OR15(d)OFTHESECURITIESEXCHANGEACTOF1934 forthetransitionperiodfromtoCommissionfilenumber001-38766MMTEC,INC. (ExactnameofRegistrantasspecifiedinitscharter) BritishVirginIslands (Jurisdictionofincorporationororganization) c/oMMFutureTechnologyLimitedRoom2302,23rdFloor FWDFinancialCenter308DesVoeuxRoadCentral SheungWan,HongKongTel:+85236908356 (Addressofprincipalexecutiveoffices) XiangdongWen,ChiefExecutiveOfficerc/oMMFutureTechnologyLimitedFWDFinancialCenter 308DesVoeuxRoadCentralSheungWan,HongKongTel:+85236908356 (Name,Telephone,E-mailand/orFacsimileNumberandAddressofCompanyContactPerson)SecuritiesregisteredortoberegisteredpursuanttoSection12(b)oftheAct: TitleofeachclassTradingSymbol(s) Nameofeachexchangeonwhichregistered CommonShares,parvalue$0.01 MTC TheNASDAQStockMarketLLC SecuritiesregisteredortoberegisteredpursuanttoSection12(g)oftheAct:None. SecuritiesforwhichthereisareportingobligationpursuanttoSection15(d)oftheAct:None. OnApril13,2023,theissuerhad85,145,041sharesissuedandoutstanding. Indicatebycheckmarkiftheregistrantisawell-knownseasonedissuer,asdefinedinRule405oftheSecuritiesAct. Yes☐No☒ Ifthisreportisanannualortransitionreport,indicatebycheckmarkiftheregistrantisnotrequiredtofilereportspursuanttoSection13or15(d)oftheSecuritiesExchangeActof1934. Yes☐No☒ Indicatebycheckmarkwhethertheregistrant(1)hasfiledallreportsrequiredtobefiledbySection13or15(d)oftheSecuritiesExchangeActof1934duringthepreceding12months(orforsuchshorterperiodthattheregistrantwasrequiredtofilesuchreports),and(2)hasbeensubjecttosuchfilingrequirementsforthepast90days. Yes☒No☐ IndicatebycheckmarkwhethertheregistranthassubmittedelectronicallyeveryInteractiveDataFilerequiredtobesubmittedpursuanttoRule405ofRegulationS-T(§232.405ofthischapter)duringthepreceding12months(orforsuchshorterperiodthattheregistrantwasrequiredtosubmitsuchfiles). Yes☒No☐ Indicatebycheckmarkwhethertheregistrantisalargeacceleratedfiler,anacceleratedfiler,anon-acceleratedfiler,oranemerginggrowthcompany.Seedefinitionof“largeacceleratedfiler,“acceleratedfiler,”and“emerginggrowthcompany”inRule12b-2oftheExchangeAct.. ☐LargeAcceleratedfiler☐Acceleratedfiler☒Non-acceleratedfilerEmerginggrowthcompany☒ IfanemerginggrowthcompanythatpreparesitsfinancialstatementsinaccordancewithU.S.GAAP,indicatebycheckmarkiftheregistranthaselectednottousetheextendedtransitionperiodforcomplyingwithanyneworrevisedfinancialaccountingstandardsprovidedpursuanttoSection13(a)oftheExchangeAct.☐ Indicatebycheckmarkwhethertheregistranthasfiledareportonandattestationtoitsmanagement’sassessmentoftheeffectivenessofitsinternalcontroloverfinancialreportingunderSection404(b)oftheSarbanes-OxleyAct(15U.S.C.7262(b))bytheregisteredpublicaccountingfirmthatpreparedorissueditsauditreport.☐ IfsecuritiesareregisteredpursuanttoSection12(b)oftheAct,indicatebycheckmarkwhetherthefinancialstatementsoftheregistrantincludedinthefilingreflectthecorrectionofanerrortopreviouslyissuedfinancialstatements.☐ Indicatebycheckmarkwhetheranyofthoseerrorcorrectionsarerestatementsthatrequiredarecoveryanalysisofincentive-basedcompensationreceivedbyanyoftheregistrant’sexecutiveofficersduringtherelevantrecoveryperiodpursuantto§240.10D-1(b).☐ Indicatebycheckmarkwhichbasisofaccountingtheregistranthasusedtopreparethefinancialstatementsincludedinthisfiling: ☒USGAAP☐InternationalFinancialReportingStandardsas issuedbytheInternationalAccountingStandards Board ☐Other If“Other”hasbeencheckedinresponsetothepreviousquestion,indicatebycheckmarkwhichfinancialstatementitemtheregistranthaselectedtofollow. ☐Item17☐Item18 Ifthisisanannualreport,indicatebycheckmarkwhethertheregistrantisashellcompany(asdefinedinRule12b-2oftheExchangeAct). Yes☐No☒ TABLEOFCONTENTS PAGE PARTIITEM1. IDENTITYOFDIRECTORS,SENIORMANAGEMENTANDADVISERS 1 ITEM2. OFFERSTATISTICSANDEXPECTEDTIMETABLE 1 ITEM3. KEYINFORMATION 1 ITEM4. INFORMATIONONTHECOMPANY 29 ITEM4A. UNRESOLVEDSTAFFCOMMENTS 44 ITEM5. OPERATINGANDFINANCIALREVIEWANDPROSPECT 44 ITEM6. DIRECTORS,SENIORMANAGEMENTANDEMPLOYEES 55 ITEM7. MAJORSHAREHOLDERSANDRELATEDPARTYTRANSACTIONS 61 ITEM8. FINANCIALINFORMATION 62 ITEM9. THEOFFERANDLISTING 63 ITEM10. ADDITIONALINFORMATION 64 ITEM11. QUANTITATIVEANDQUALITATIVEDISCLOSUREABOUTMARKETRISK 72 ITEM12. DESCRIPTIONOFSECURITIESOTHERTHANEQUITYSECURITIES 72 PARTIIITEM13. DEFAULTS,DIVIDENDARREARAGESANDDELINQUENCIES 73 ITEM14.MATERIALMODIFICATIONSTOTHERIGHTSOFSECURITYHOLDERS ITEM15.CONTROLSANDPROCEDURES73 ANDUSEOFPROCEEDS73 ITEMAUDITCOMMITTEEFINANCIALEXPERT.16A. 74 ITEM16.RESERVED74 ITEMPRINCIPALACCOUNTANTFEESANDSERVICES.16C. 74 ITEM16B. CODEOFETHICS. 74 ITEMPURCHASESOFEQUITYSECURITIESB