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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>UNITED STATES</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SECURITIES AND EXCHANGE COMMISSION</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>WASHINGTON, D.C. 20549</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>FORM 8-K</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>CURRENT REPORT</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Pursuant to Section 13 or 15(d) of the
Securities Exchange Act 1934</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Date of Report (date of earliest event reported):
May 28, 2012</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>China HGS Real Estate, Inc.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Exact name of registrant as specified in
charter)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<TABLE ALIGN="CENTER" CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 34%; text-align: center">Florida</TD>
    <TD STYLE="width: 33%; text-align: center">&nbsp;001-34864</TD>
    <TD STYLE="width: 33%; text-align: center; text-indent: -9pt">33-0961490</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: center">(State of Incorporation)</TD>
    <TD STYLE="text-align: center">&nbsp;(Commission File No.)</TD>
    <TD STYLE="text-align: center">(IRS Employer<BR>
Identification No.)</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">6 Xinghan Road, 19th Floor, Hanzhong City</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><U>Shaanxi Province, PRC 723000</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Address Of Principal Executive Offices)
(Zip Code)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><U>(86) 091-62622612</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Registrant&rsquo;s Telephone Number, Including
Area Code)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">N/A</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Former Name or Former Address, is Changed
Since Last Report)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Check the appropriate box below if the Form 8-K filing is intended
to simultaneously satisfy the filing obligation of registrant under any of the following provisions:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Wingdings">&uml;</FONT> Written communications
pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Wingdings">&uml;</FONT> Soliciting
material pursuant to Rule 14a-12(b) under the Exchange Act (17 CFR 240.14a-12(b))</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Wingdings">&uml;</FONT> Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))<FONT STYLE="color: black"> </FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Wingdings">&uml;</FONT> Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))<B> </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Item 5.02&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Departure
of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain
Officers.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">On May 28, 2012, China HGS Real Estate, Inc. (the &ldquo;Company&rdquo;),
through Shaanxi Guangsha Investment and Development Group Co., Ltd. (&ldquo;Guangsha&rdquo;), a company that the Company controls
through a series of contractual arrangements, entered into an employment contract (the &ldquo;Employment Contract&rdquo;) with
Mr. Wei (Samuel) Shen&nbsp;&nbsp;to serve as Chief Financial Officer of the Company.&nbsp;&nbsp;The appointment of Mr. Shen was
unanimously approved by the Company&rsquo;s Board of Directors on May 28, 2012.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The term of the Employment Contract is for one year and will
expire on May 27, 2013. Upon expiration of the Employment Contract, the parties may agree on the renewal and enter into a new employment
contract. Pursuant to the Employment Contract, Mr. Shen will receive a monthly salary of RMB60,000 (approximately US$9,500) and
an annual discretional bonus up to RMB180,000 (approximately US$28,000). Mr. Shen is also entitled to 100,000 shares of restricted
common stock of the Company at the end of the term, subject to his continuing employment with the Company.&nbsp;&nbsp;According
to the Employment Contract, the Company may terminate the employment with Mr. Shen for causes defined in the Employment Contract
with thirty days&rsquo; advance written notice. Under certain circumstances provided in the Employment Contract, the Company may
elect to pay an additional month&rsquo;s salary to replace its written notice advancement obligation. Mr. Shen may terminate the
employment with the Company by giving a ninety-day advance written notice to the Company.&nbsp; The Employment Contract also contains
covenants regarding non-competition and confidentiality.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Mr. Shen, age 34, has been a Vice President for Finance, of
the Company since November 2011. Prior to joining the Company, Mr. Shen was a Director at Bluehill Investment Advisory Group, a
Canada-PRC based consulting firm, where he helped several U.S. and Canadian listed Chinese companies with their financial reporting,
internal control implementation, and SOX compliance training. From 2006 to 2011, Mr. Shen served as an Audit Assurance Manager
at MSCM LLP, Toronto, where he managed audit engagements for U.S. and Canadian public companies in real estate, health care, manufacturing,
and IT industries. Mr. Shen holds both Chartered Accountant and Certified Public Accountant designations and is experienced with
financial reporting under IFRS, U.S. and Canadian GAAP. Mr. Shen holds a Master of Management and Accounting from the Rotman School
of Management, University of Toronto. Mr. Shen earned a Bachelor of Science in Computer Science and Mathematics from McMaster University
and a Bachelor of Commerce in International Trade from Shanghai University.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Mr. Shen has no family relationships with any of the executive
officers or directors of the Company. There have been no transactions in the past two years to which the Company or any of its
subsidiaries was or is to be a party, in which Mr. Shen had, or will have, a direct or indirect material interest.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">On May 28, 2012, Mr. Xiaojun Zhu resigned from his position
as Chief Financial Officer of the Company. Upon resignation, Mr. Zhu continues to serve as President, Chief Executive Officer and
Chairman of the Board of Directors of the Company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">A copy of the Employment Contract is attached as Exhibit 10.1
and is incorporated herein by reference.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">On May 29, 2012, the Company issued a press release announcing
the appointment of Mr. Shen as set forth in Item 5.02 of this Current Report on Form 8-K. A copy of the press release is filed
with this Form 8-K as Exhibit 99.1.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: -0.5in"><B>Item 9.01 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#9;Financial Statements
and Exhibits</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">(d) Exhibits</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD NOWRAP STYLE="width: 10%; font-weight: bold; text-decoration: none; border-bottom: Black 1pt solid"><B>Exhibit No.</B></TD>
    <TD STYLE="width: 2%; text-decoration: none">&nbsp;</TD>
    <TD STYLE="width: 88%; font-weight: bold; text-decoration: none; border-bottom: Black 1pt solid"><B>Description</B></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>10.1</TD>
    <TD>&nbsp;</TD>
    <TD>Employment Contract, dated May 28, 2012.</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>99.1</TD>
    <TD>&nbsp;</TD>
    <TD>Press Release, dated May 29, 2012</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;&nbsp;</P>

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<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SIGNATURES</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Pursuant to the requirements of the Securities
Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 211.5pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="tab-stops: 229.5pt right 6.0in">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="tab-stops: 229.5pt right 6.0in">China HGS Real Estate, Inc.</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%; tab-stops: 229.5pt right 6.0in">&nbsp;</TD>
    <TD STYLE="width: 6%; tab-stops: 229.5pt right 6.0in">&nbsp;</TD>
    <TD STYLE="width: 44%; tab-stops: 229.5pt right 6.0in">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="tab-stops: 229.5pt right 6.0in">&nbsp;</TD>
    <TD STYLE="tab-stops: 229.5pt right 6.0in">By: </TD>
    <TD STYLE="border-bottom: windowtext 1pt solid; tab-stops: 229.5pt right 6.0in">/s/Xiaojun Zhu</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="tab-stops: 229.5pt right 6.0in">&nbsp;</TD>
    <TD STYLE="tab-stops: 229.5pt right 6.0in">&nbsp;</TD>
    <TD STYLE="tab-stops: 229.5pt right 6.0in">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="tab-stops: 229.5pt right 6.0in">&nbsp;</TD>
    <TD STYLE="tab-stops: 229.5pt right 6.0in">Name: </TD>
    <TD STYLE="tab-stops: 229.5pt right 6.0in">Xiaojun Zhu</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="tab-stops: 229.5pt right 6.0in">&nbsp;</TD>
    <TD STYLE="tab-stops: 229.5pt right 6.0in">&nbsp;</TD>
    <TD STYLE="tab-stops: 229.5pt right 6.0in">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="tab-stops: 229.5pt right 6.0in">&nbsp;</TD>
    <TD STYLE="tab-stops: 229.5pt right 6.0in">Title: </TD>
    <TD STYLE="tab-stops: 229.5pt right 6.0in">President and Chief Executive Officer</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Dated: May 29, 2012</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Exhibit Index</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 10%; border-bottom: windowtext 1pt solid; font-weight: bold"><B>Exhibit No.</B></TD>
    <TD STYLE="width: 2%; font-weight: bold">&nbsp;</TD>
    <TD STYLE="width: 88%; border-bottom: windowtext 1pt solid; font-weight: bold"><B>Description</B></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>10.1</TD>
    <TD>&nbsp;</TD>
    <TD>Employment Contract, dated May 28, 2012.</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>99.1</TD>
    <TD>&nbsp;</TD>
    <TD>Press Release, dated May 29, 2012</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>



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[{"type": "8-K", "sequence": "1", "filename": "v314709_8k.htm", "description": "FORM 8-K", "secsgml_size_bytes": 19360}]
{"company-data": {"conformed-name": "CHINA HGS REAL ESTATE INC.", "cik": "0001158420", "assigned-sic": "6500", "irs-number": "330961490", "state-of-incorporation": "F4", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-34864", "film-number": "12872861"}, "business-address": {"street1": "6 XINGHAN ROAD, 19TH FLOOR, HANZHONG", "city": "SHAANXI", "state": "F4", "zip": "723000", "phone": "8609162622612"}, "mail-address": {"street1": "6 XINGHAN ROAD, 19TH FLOOR, HANZHONG", "city": "SHAANXI", "state": "F4", "zip": "723000"}, "former-company": [{"former-conformed-name": "CHINA AGRO SCIENCES CORP.", "date-changed": "20060504"}, {"former-conformed-name": "M GAB DEVELOPMENT CORP", "date-changed": "20010830"}]}
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act 1934
Date of Report (date of earliest event reported):
May 28, 2012
China HGS Real Estate, Inc.
(Exact name of registrant as specified in
charter)
Florida
001-34864
33-0961490
(State of Incorporation)
(Commission File No.)
(IRS Employer
Identification No.)
6 Xinghan Road, 19th Floor, Hanzhong City
Shaanxi Province, PRC 723000
(Address Of Principal Executive Offices)
(Zip Code)
(86) 091-62622612
(Registrant's Telephone Number, Including
Area Code)
N/A
(Former Name or Former Address, is Changed
Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended
to simultaneously satisfy the filing obligation of registrant under any of the following provisions:
¨
Written communications
pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨
Soliciting
material pursuant to Rule 14a-12(b) under the Exchange Act (17 CFR 240.14a-12(b))
¨
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 5.02         Departure
of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain
Officers.
On May 28, 2012, China HGS Real Estate, Inc. (the "Company"),
through Shaanxi Guangsha Investment and Development Group Co., Ltd. ("Guangsha"), a company that the Company controls
through a series of contractual arrangements, entered into an employment contract (the "Employment Contract") with
Mr. Wei (Samuel) Shen  to serve as Chief Financial Officer of the Company.  The appointment of Mr. Shen was
unanimously approved by the Company's Board of Directors on May 28, 2012.
The term of the Employment Contract is for one year and will
expire on May 27, 2013. Upon expiration of the Employment Contract, the parties may agree on the renewal and enter into a new employment
contract. Pursuant to the Employment Contract, Mr. Shen will receive a monthly salary of RMB60,000 (approximately US$9,500) and
an annual discretional bonus up to RMB180,000 (approximately US$28,000). Mr. Shen is also entitled to 100,000 shares of restricted
common stock of the Company at the end of the term, subject to his continuing employment with the Company.  According
to the Employment Contract, the Company may terminate the employment with Mr. Shen for causes defined in the Employment Contract
with thirty days' advance written notice. Under certain circumstances provided in the Employment Contract, the Company may
elect to pay an additional month's salary to replace its written notice advancement obligation. Mr. Shen may terminate the
employment with the Company by giving a ninety-day advance written notice to the Company.  The Employment Contract also contains
covenants regarding non-competition and confidentiality.
Mr. Shen, age 34, has been a Vice President for Finance, of
the Company since November 2011. Prior to joining the Company, Mr. Shen was a Director at Bluehill Investment Advisory Group, a
Canada-PRC based consulting firm, where he helped several U.S. and Canadian listed Chinese companies with their financial reporting,
internal control implementation, and SOX compliance training. From 2006 to 2011, Mr. Shen served as an Audit Assurance Manager
at MSCM LLP, Toronto, where he managed audit engagements for U.S. and Canadian public companies in real estate, health care, manufacturing,
and IT industries. Mr. Shen holds both Chartered Accountant and Certified Public Accountant designations and is experienced with
financial reporting under IFRS, U.S. and Canadian GAAP. Mr. Shen holds a Master of Management and Accounting from the Rotman School
of Management, University of Toronto. Mr. Shen earned a Bachelor of Science in Computer Science and Mathematics from McMaster University
and a Bachelor of Commerce in International Trade from Shanghai University.
Mr. Shen has no family relationships with any of the executive
officers or directors of the Company. There have been no transactions in the past two years to which the Company or any of its
subsidiaries was or is to be a party, in which Mr. Shen had, or will have, a direct or indirect material interest.
On May 28, 2012, Mr. Xiaojun Zhu resigned from his position
as Chief Financial Officer of the Company. Upon resignation, Mr. Zhu continues to serve as President, Chief Executive Officer and
Chairman of the Board of Directors of the Company.
A copy of the Employment Contract is attached as Exhibit 10.1
and is incorporated herein by reference.
2
On May 29, 2012, the Company issued a press release announcing
the appointment of Mr. Shen as set forth in Item 5.02 of this Current Report on Form 8-K. A copy of the press release is filed
with this Form 8-K as Exhibit 99.1.
Item 9.01         	Financial Statements
and Exhibits
(d) Exhibits
Exhibit No.
Description
10.1
Employment Contract, dated May 28, 2012.
99.1
Press Release, dated May 29, 2012
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SIGNATURES
Pursuant to the requirements of the Securities
Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
China HGS Real Estate, Inc.
By:
/s/Xiaojun Zhu
Name:
Xiaojun Zhu
Title:
President and Chief Executive Officer
Dated: May 29, 2012
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Exhibit Index
Exhibit No.
Description
10.1
Employment Contract, dated May 28, 2012.
99.1
Press Release, dated May 29, 2012
5