祁连国际2022年度报告

TableofContents UNITEDSTATES SECURITIESANDEXCHANGECOMMISSIONWASHINGTON,D.C.20549 FORM20-F ☐REGISTRATIONSTATEMENTPURSUANTTOSECTION12(b)OR(g)OFTHESECURITIESEXCHANGEACTOF1934 OR ☒ANNUALREPORTPURSUANTTOSECTION13OR15(d)OFTHESECURITIESEXCHANGEACTOF1934 ForthefiscalyearendedSeptember30,2022OR ☐TRANSITIONREPORTPURSUANTTOSECTION13OR15(d)OFTHESECURITIESEXCHANGEACTOF1934 OR ☐SHELLCOMPANYREPORTPURSUANTTOSECTION13OR15(d)OFTHESECURITIESEXCHANGEACTOF1934 Dateofeventrequiringthisshellcompanyreport: Forthetransitionperiodfromto. Commissionfilenumber:001-39805 QilianInternationalHoldingGroupLimited (ExactnameofRegistrantasSpecifiedinitsCharter) N/A (TranslationofRegistrant’snameintoEnglish) CaymanIslands (JurisdictionofIncorporationorOrganization) JiuquanEconomicandTechnologicalDevelopmentZoneJiuquanCity,GansuProvince,735000 People’sRepublicofChina +86-028-64775180 (AddressofPrincipalExecutiveOffices) ZhanchangXin,ChiefExecutiveOfficerJiuquanEconomicandTechnologicalDevelopmentZone JiuquanCity,GansuProvince,735000People’sRepublicofChinaTelephone:+86-028-64775180 Email:xinzc@163.com (Name,Telephone,E-mailand/orFacsimileNumberandAddressofCompanyContactPerson) SecuritiesregisteredortoberegisteredpursuanttoSection12(b)oftheAct: Titleofeachclass TradingSymbol(s) Nameofeachexchangeonwhich registered OrdinarySharesQLITheNasdaqStockMarketLLC SecuritiesregisteredortoberegisteredpursuanttoSection12(g)oftheAct: None TableofContents (TitleofClass) SecuritiesforwhichthereisareportingobligationpursuanttoSection15(d)oftheAct: None (TitleofClass) Indicatethenumberofoutstandingsharesofeachoftheissuer’sclassesofcapitalorcommonstockasofthecloseoftheperiodcoveredbytheannualreport. Anaggregateof35,750,000ordinaryshares,parvalue$0.00166667pershare,asofSeptember30,2022. 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,oranon-acceleratedfiler.Seedefinitionof“acceleratedfilerandlargeacceleratedfiler”inRule12b-2oftheExchangeAct.(Checkone): Largeacceleratedfiler ☐ Acceleratedfiler ☐ Non-acceleratedfiler ☒ Emerginggrowthcompany ☒ IfanemerginggrowthcompanythatpreparesitsfinancialstatementsinaccordancewithU.S.GAAP,indicatebycheckmarkiftheregistranthaselectednottousetheextendedtransitionperiodforcomplyingwithanyneworrevisedfinancialaccountingstandards†providedpursuanttoSection13(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: U.S.GAAPInternationalFinancialReportingStandardsasissuedbytheInternationalAccountingStandardsBoard Other If“Other”hasbeencheckedinresponsetothepreviousquestion,indicatebycheckmarkwhichfinancialstatementitemtheregistranthaselectedtofollow:Item17☐Item18☐ Ifthisisanannualreport,indicatebycheckmarkwhethertheregistrantisashellcompany(asdefinedinRule12b-2oftheExchangeAct).Yes☐No☒ IndicatebycheckmarkwhethertheregistranthasfiledalldocumentsandreportsrequiredtobefiledbySections12,13or15(d)oftheSecuritiesExchangeActof1934subsequenttothedistributionofsecurities underaplanconfirmedbyacourt.Yes☐No☐ TableofContents TABLEOFCONTENTS INTRODUCTION FORWARD-LOOKINGINFORMATIONPARTI ITEM1.ITEM2.ITEM3.ITEM4.ITEM4A.ITEM5.ITEM6.ITEM7.ITEM8.ITEM9.ITEM10.ITEM11.ITEM12.PARTIIITEM13.ITEM14. IDENTITYOFDIRECTORS,SENIORMANAGEMENTANDADVISERSOFFERSTATISTICSANDEXPECTEDTIMETABLE KEYINFORMATIONINFORMATIONONTHECOMPANYUNRESOLVEDSTAFFCOMMENTS OPERATINGANDFINANCIALREVIEWANDPROSPECTSDIRECTORS,SENIORMAN