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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 10-C
REPORT BY ISSUER OF SECURITIES QUOTED ON NASDAQ
INTERDEALER QUOTATION SYSTEM
FILED PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934 AND RULE 13A-17
OR 15D-17 THEREUNDER
CHINA RESOURCES DEVELOPMENT, INC.
(Exact name of issuer as specified in charter)
23/F Office Tower, Convention Plaza
1 Harbour Road, Wanchai, Hong Kong
Telephone: 011-852-2537-6689
(Address of principal executive offices and telephone number)
I. CHANGE IN NUMBER OF SHARES OUTSTANDING
Indicate any change (increase or decrease) of 5% or more in the number of shares
outstanding:
1. Title of security: Common Stock, par value $0.001 per share
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2. Number of shares outstanding before the change: 18,116,009
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3. Number of shares outstanding after the change: 25,913,408
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4. Effective date of change: May 17, 1996
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5. Method of change: Specify method (such as merger, acquisition,
exchange, distribution, stock split, reverse split,
acquisition of stock for treasury, etc.):
Issuance of Common Stock upon conversion of Series B Convertible
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Preferred stock.
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Give brief description of transaction: Holders of shares of the Issuer's
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Series B Convertible Preferred Stock converted shares of such stock into
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Common Stock.
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II. CHANGE IN NAME OF ISSUER
1. Name prior to change: __________________________________________________
2. Name after change: _____________________________________________________
3. Effective date of charter amendment changing name: _____________________
4. Date of shareholder approval of change, if required: ___________________
Date: May 24, 1996 /s/ Tam Cheuk Ho
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Tam Cheuk Ho, Chief Financial
Officer