UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 20-F

o

REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934

 

 

OR

 

 

x

ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

 

For the fiscal year ended  December 31, 2005

 

OR

 

o

TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

 

 

o

SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

 

For the transition period from                                     to                                    

Commission file number  000-22113

EURO TECH HOLDINGS COMPANY LIMITED
(Exact name of Registrant as specified in its charter)

EURO TECH HOLDINGS COMPANY LIMITED
(Translation of Registrant¡¯s name into English)

British Virgin Islands
(Jurisdiction of incorporation or organization)

18/F Gee Chang Hong Centre, 65 Wong Chuk Hong Road, Hong Kong
(Address of principal executive offices)

Securities registered or to be registered pursuant to Section 12(b) of the Act.

 

Name of each exchange

Title of each class

 

on which registered

 

 

 

Not Applicable

 

 

 

Securities registered or to be registered pursuant to Section 12(g) of the Act.

Ordinary Shares, $0.01 par value
(Title of Class)

Securities for which there is a reporting obligation pursuant to Section 15(d) of the Act.

(Title of Class)

Indicate the number of issued and outstanding shares of each of the issuer¡¯s classes of capital or common stock as of the close of the period covered by the annual report.

8,198,641 Ordinary Shares

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    x

 

No    o

Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.

Yes    o

 

No    x

If this report is an annual or transition report, indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.

Yes    o

 

No    x

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, or a non-accelerated filer. See definition of ¡°accelerated filer and large accelerated filer¡± in Rule 12b-2 of the Exchange Act. (Check one).

Large Accelerated Filer  o         Accelerated Filer   o         Non-Accelerated Filer   x

If this is an annual report, indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).

Yes    o

 

No    x

Indicate by check mark which financial statement item the registrant has elected to follow.

Item 17   o

 

Item 18   x

 

 




TABLE OF CONTENTS

INTRODUCTION

 

 

 

 

 

FORWARD LOOKIING STATEMENTS

 

 

 

 

 

GLOSSARY

 

 

 

 

 

PART I

 

 

 

 

 

ITEM 1.

 

IDENTITY OF DIRECTORS, SENIOR MANAGEMENT AND ADVISERS

 

 

 

 

 

 

 

ITEM 2.

 

OFFER STATISTICS AND EXPECTED TIMETABLE

 

 

 

 

 

 

 

ITEM 3.

 

KEY INFORMATION

 

 

 

 

 

 

 

Item 3A.

 

Selected Financial Data

 

 

Item 3B.

 

Capitalization and Indebtedness

 

 

Item 3C.

 

Reasons for the Offer and Use of Proceeds

 

 

Item 3D.

 

Risk Factors

 

 

 

 

 

 

 

ITEM 4.

 

INFORMATION ON THE COMPANY

 

 

 

 

 

 

 

Item 4A.

 

History and Development of the Company

 

 

Item 4B.

 

Business Overview

 

 

Item 4C.

 

Organizational Structure

 

 

Item 4D.

 

Property, Plant and Equipment

 

 

 

 

 

 

 

ITEM 5.

 

OPERATING AND FINANCIAL REVIEW AND PROSPECTS

 

 

 

 

 

 

 

Item 5A.

 

Operating Results

 

 

Item 5B.

 

Liquidity and Capital Resources

 

 

Item 5C.

 

Research and Development, Patents and Licenses

 

 

Item 5D.

 

Trend Information

 

 

Item 5E.

 

Off Balance Sheet Arrangements

 

 

Item 5F.

 

Tabular Disclosure of Contractual Obligations

 

 

 

 

 

 

 

ITEM 6.

 

DIRECTORS, SENIOR MANAGEMENT AND EMPLOYEES

 

 

 

 

 

 

 

Item 6A.

 

Directors and Senior Management

 

 

Item 6B.

 

Compensation

 

 

Item 6C.

 

Board Practices

 

 

Item 6D.

 

Employees

 

 

Item 6E.

 

Share Ownership

 

 

 

 

 

 

 

ITEM 7.

 

MAJOR SHAREHOLDERS AND RELATED PARTY TRANSACTIONS

 

 

 

 

 

 

 

Item 7A.

 

Major Shareholders

 

 

Item 7B.

 

Related Party Transactions

 

 

Item 7C.

 

Interest of Experts and Counsel

 

 

 

 

 

 

 

ITEM 8.

 

FINANCIAL INFORMATION

 

 

 

 

 

 

 

Item 8A.

 

Consolidated Statements and Other Financial Information

 

 

Item 8B.

 

Significant Changes

 

 

 

 

 

 

 

ITEM 9.

 

THE OFFERING AND LISTING

 

 

 

 

 

 

 

Item 9A.

 

Listing Details

 

 

Item 9B.

 

Plan of Distribution

 

 

Item 9C

 

Markets

 

 

Item 9D.

 

Selling Shareholders

 

 

Item 9E.

 

Dilution

 

 

 

i




 

Item 9F.

 

Expenses Of The Issue