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CUSIP
No. 009603200 |
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| (1) |
Names
of reporting persons
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Yao-Te
Wang |
| (2) |
Check
the appropriate box if a member of a group (see instructions)
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(a)
☐ |
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(b)
☐ |
| (3) |
SEC
use only
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| (4) |
Source
of funds (see instructions)
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OO |
| (5) |
Check
if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)
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| (6) |
Citizenship
or place of organization
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Taiwan
(Republic of China) |
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Number
of shares beneficially owned by each reporting person with:
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(7) |
Sole
voting power
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3,768,673 |
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(8) |
Shared
voting power
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-0-
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(9) |
Sole
dispositive power
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3,768,673
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(10) |
Shared
dispositive power
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-0-
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| (11) |
Aggregate
amount beneficially owned by each reporting person
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3,768,673 |
| (12) |
Check
if the aggregate amount in Row (11) excludes certain shares (see instructions)
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| (13) |
Percent
of class represented by amount in Row (11)
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7.54
(A) |
| (14) |
Type
of reporting person (see instructions)
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IN |
(A)
Based upon 49,999,891 shares reported outstanding as of January 17, 2023.
ITEM
1. SECURITY AND ISSUER.
This
statement relates to the common stock, $0.00001 par value per share, of Aixin Life International, Inc. (“Issuer”).
ITEM
2. IDENTITY AND BACKGROUND.
(a)
This statement is being filed by Yao-Te Wang referred to as the “Reporting Person.” This is the initial Schedule 13D filed
by the Reporting Person with respect to his interest in securities of the Issuer.
(b)
The address of the principal office of the Reporting Person is 15F., No. 2-1, Sec. 3, Minquan E. Rd., Zhongshan Dist., Taipei City 104,
Taiwan (R.O.C.)
(c)
The Reporting Person is a shareholder and a director of the Issuer.
(d)
During the past five years, the Reporting Person has not been convicted in a criminal proceeding.
(e)
During the past five years, the Reporting Person has not been party to a civil proceeding of a judicial or administrative body of competent
jurisdiction and as a result of such proceeding was or is subject to a judgement, decree or final order enjoining future violations of,
or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.
(f)
The Reporting Person is a citizen of the Taiwan – The Republic of China.
ITEM
3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
The
3,768,673 shares of common stock of the Issuer attributed to the Reporting Person was issued to the Reporting Person in December 2017
for services rendered to the Issuer and was first disclosed in a Report of the Issuer on Form 8-K dated December 14, 2017, and was reported
on a Form 3 filed July 12, 2018. All share and per share numbers in this Report give effect to a 1 for 4 reverse stock split of the common
stock of the Issuer effected October 27, 2020.
ITEM
4. PURPOSE OF TRANSACTION.
The
Reporting Person acquired the Issuer’s common stock for investment purposes.
Since
December 2017, the Reporting Person has been a member of the Board of Directors of the Issuer. In this capacity, the Reporting Person
takes and will continue to take an active role in the Issuer’s management and strategic direction. Additionally, in his capacity
as a stockholder of the Issuer, the Reporting Person reviews and intends to continue to review, on an ongoing and continued basis, his
investment in the Issuer. Depending on the factors discussed below and other factors, and subject to applicable law, the Reporting Person
may from time to time acquire additional securities of the Issuer or dispose of some or all of his securities of the Issuer or make proposals
to the Issuer. Subject to compliance with applicable laws and the Issuer’s policies, any transactions or activities that the Reporting
Person may pursue may be made at any time and from time to time without prior notice and will depend upon a variety of factors, including,
without limitation, whether various strategic transactions by the Issuer have occurred or may occur; the securities markets in general
and those for the Issuer’s securities in particular; the financial condition, results of operations and prospects of the Issuer;
management and corporate governance of the Issuer; general economic, financial market and industry conditions; other investment and business
opportunities available to the Reporting Person; tax considerations; and other factors.
Other
than as described in this Item 4, the Reporting Person does not have any present plan or proposal which would relate to or result in
any of the matters set forth in subparagraphs (a) - (j) of Item 4 of Schedule 13D. However, as part of the ongoing evaluation of this
investment and investment alternatives, the Reporting Person may consider such matters and, subject to applicable law and the policies
of the Issuer, may formulate a plan with respect to such matters, and, from time to time, may hold discussions with or make formal proposals
to management or the Board of Directors of the Issuer, other stockholders of the Issuer or other third parties regarding such matters.
ITEM
5. INTEREST IN SECURITIES OF THE ISSUER.
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(a) |
See
rows (11) and (13) of the cover page to this Statement for the aggregate number of shares of common stock and percentage of common
stock of the Issuer owned by the Reporting Person. |
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(b) |
See
rows (7) through (10) of the cover page to this Statement for the number of Common Stock as to which the Reporting Person has the
sole or shared power to vote or direct the vote and sole or shared power to dispose or to direct the disposition. |
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(c) |
During
the past sixty days , the Reporting Person has not effected any transactions in the Issuer’s Common Stock. |
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(d) |
To
the best knowledge of the Reporting Person, no other person has the right to receive or the power to direct the receipt of dividends
from, or the proceeds from the sale of, the securities beneficially owned by the Reporting Person. |
ITEM
6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER.
Not
applicable.
ITEM
7. MATERIAL TO BE FILED AS EXHIBITS.
Not
applicable.
SIGNATURE
After
reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete
and correct.
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Date
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February 13, 2023 |
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Signature
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/s/
Yao-Te Wang |
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Name/Title
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Yao-Te
Wang |
