This from SEC arcives filing of Feb 18.  Can anybody make sense of this?  P.S. sorry about the formatting.
  -----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric:  MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen  TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA,  I+I+LjMoTQk741Oc2JGztT13m5tdmRQBdV9/lqMhgTaJnPJy4+iSNzh0ubKJWZ+S  ql+x3kWHEFw03t/ei2IRXw==
  <SEC-DOCUMENT>0000950144-97-001567.txt : 19970222 <SEC-HEADER>0000950144-97-001567.hdr.sgml : 19970222 ACCESSION NUMBER:		0000950144-97-001567 CONFORMED SUBMISSION TYPE:	5 PUBLIC DOCUMENT COUNT:		1 CONFORMED PERIOD OF REPORT:	19961201 FILED AS OF DATE:		19970218 SROS:			NASD
  SUBJECT COMPANY:	
  	COMPANY DATA:	 		COMPANY CONFORMED NAME:			CHINA RESOURCES DEVELOPMENT INC 		CENTRAL INDEX KEY:			0000793628 		STANDARD INDUSTRIAL CLASSIFICATION:	WHOLESALE-MISCELLANEOUS NONDURABLE GOODS [5190] 		IRS NUMBER:				870263643 		STATE OF INCORPORATION:			NV 		FISCAL YEAR END:			1231
  	FILING VALUES: 		FORM TYPE:		5 		SEC ACT:		1934 Act 		SEC FILE NUMBER:	000-26046 		FILM NUMBER:		97537548
  	BUSINESS ADDRESS:	 		STREET 1:		244O S PROGRESS DR 		CITY:			SALT LAKE CITY 		STATE:			UT 		ZIP:			84119 		BUSINESS PHONE:		8019722887
  	MAIL ADDRESS:	 		STREET 1:		C/O BAKER & HOSTETLER 		STREET 2:		P O BOX 112 		CITY:			ORLANDO 		STATE:			FL 		ZIP:			32802
  	FORMER COMPANY:	 		FORMER CONFORMED NAME:	MAGENTA CORP 		DATE OF NAME CHANGE:	19940217 <REPORTING-OWNER>
  COMPANY DATA:	 	COMPANY CONFORMED NAME:			EVERBRIGHT FINANCE & INVESTMENT CO LTD 	CENTRAL INDEX KEY:			0001018510 	STANDARD INDUSTRIAL CLASSIFICATION:	 [] <RELATIONSHIP>OWNER 	IRS NUMBER:				000000000
  FILING VALUES: 	FORM TYPE:		5
  BUSINESS ADDRESS:	 	STREET 1:		23/F OFFICE TOWER , CONVENTION PLZ 	STREET 2:		1 HARBOR RD 	CITY:			WANCHAI HONG KONG 	STATE:			K3
  MAIL ADDRESS:	 	STREET 1:		C/O BAKER & HOSTETLER 	STREET 2:		PO BOX 112 	CITY:			ORLANDO 	STATE:			FL 	ZIP:			32802-0112 </REPORTING-OWNER> </SEC-HEADER> <DOCUMENT> <TYPE>5 <SEQUENCE>1 <DESCRIPTION>EVERBRIGHT FINANCE INVESTMENT CO. FORM 5 <TEXT>
  <PAGE>   1 - ------                                                                          FORM 5                                                                          - ------                                                                                                                                                         
  /x/ Check box if no               U.S. SECURITIES AND EXCHANGE COMMISSION           longer subject to                       WASHINGTON, DC 20549                    Section 16. Form                                                                4 or Form 5             ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP     obligations may                                                                 continue. See            Filed pursuant to Section 16(a) of the Securities      Instruction 1(b)                         Exchange Act of 1934,             / / Form 3 Holdings                  Section 17(a) of the Public Utility           Reported                 Holding Company Act of 1935 or Section 30(f) of  /x/ Form 4                              the Investment Company Act                 Transactions                                   of 1940                         Reported                                                                   
  <TABLE>  <S>                             <C>            <C>                        <C>                <C>          <C>            <C>    - ------------------------------------------------------------------------------------------------------------------------------------  1. Name and Address of Reporting Person*      2. Issuer Name and Ticker or Trading Symbol   6. Relationship of Reporting Person to     EVERBRIGHT FINANCE & INVESTMENT CO.           China Resources Development, Inc.     LIMITED                                             (CHRB)                                     Issuer (Check all applicable) - -------------------------------------------    ----------------------------------------------       Director       X  10% Owner    (Last)         (First)          (Middle)    3. IRS or Social Security  4. Statement for      ----              ---     23/F, Office Tower, Convention Plaza          Number of Reporting        Month/Year             Officer (give    Other (specify - -------------------------------------------       Person (Voluntary)          12/96             ----        title ---       below)                  (Street)                                                 -------------------               below)     1 Harbour Road                                                        5. If Amendment,      Wanchai, Hong Kong                               N/A                     Date of Original   ------------------------------- - -------------------------------------------                                  (Month/Year)                     (City)          (State)           (Zip)                                        N/A        7. Individual or Joint/Group Filing                                                                           ------------------    (Check applicable line)                                                                                                   X   Form Filed by one                                                                                                  ----  Reporting Person                                                                                                       Form Filed by more than                                                                                                 ----  one Reporting Person - ------------------------------------------------------------------------------------------------------------------------------------                          TABLE 1 -- NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED - ------------------------------------------------------------------------------------------------------------------------------------  1. Title of Security           2. Trans-   3. Transac-  4. Securities Acquired (A)  5.  Amount of Se-    6. Owner-      7. Nature       (Instr. 3)                     action      tion         or Disposed of (D)           curities Benefi-    ship           of In-                                      Date        Code         (Instr. 3, 4 and 5)          cially Owned at     Form:          direct                                                  (Instr. 8)                                End of Issuer's     Direct         Benefi-                                   (Month/                                                Fiscal Year         (D) or         cial                                    Day/                 ----------------------------     (Instr. 3 and 4)    Indirect       Owner-                                     Year)                Amount    (A) or      Price                          (I)            ship                                                                      (D)                                        (Instr. 4)     (Instr.                                                                                                                             4)     
  - ------------------------------------------------------------------------------------------------------------------------------------ Common Stock, $0.001 par value   12/31/96        J4    32,000,000  D           N/A        1,998,000 shs.        D             N/A - ------------------------------------------------------------------------------------------------------------------------------------
  - ------------------------------------------------------------------------------------------------------------------------------------ Common Stock, $0.001 par value                                                            1,350,000 shs.        I             * - ------------------------------------------------------------------------------------------------------------------------------------
  - ------------------------------------------------------------------------------------------------------------------------------------ Series B Preferred Stock,        12/31/96        J4    32,000,000  A           N/A       32,000,000 shs.        D             N/A - ------------------------------------------------------------------------------------------------------------------------------------    $0.001 par value - ------------------------------------------------------------------------------------------------------------------------------------
  - ------------------------------------------------------------------------------------------------------------------------------------
  - ------------------------------------------------------------------------------------------------------------------------------------
  - ------------------------------------------------------------------------------------------------------------------------------------
  - ------------------------------------------------------------------------------------------------------------------------------------ Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.                   (Over) * By 50% interest in Silverich Limited                                                                                (Print or Type Responses)                      </TABLE> <PAGE>   2 <TABLE> <CAPTION>   FORM 5 (CONTINUED)        TABLE II -- DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED                                   (E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
  <S>                       <C>          <C>        <C>         <C>              <C>             <C>                   <C>           - ------------------------------------------------------------------------------------------------------------------------------------ 1. Title of Derivative    2. Conver-   3. Trans-  4. Trans-   5. Number of     6. Date Exer-   7. Title and Amount   8. Price         Security                  sion or      action     action      Derivative       cisable and     of Underlying         of            (Instr. 3)                Exercise     Date       Code        Securities Ac-   Expiration      Securities            Deriv-                                  Price of     (Month/    (Instr. 8)  quired (A) or    Date            (Instr. 3 and 4)      ative                                   Deriv-       Day/                   Disposed of (D)  (Month/Day/                           Secur-                                  ative        Year)                  (Instr. 3, 4,    Year)                                 ity                                     Security                            and 5)                                                 (Instr. 5)                                                                                -----------------------------------                                                                                             Date    Expira-            Amount or                                                                            --------------- Exer-   tion       Title   Number of                                                                             (A)     (D)    cisable Date               Shares                - ------------------------------------------------------------------------------------------------------------------------------------
  - ------------------------------------------------------------------------------------------------------------------------------------
  - ------------------------------------------------------------------------------------------------------------------------------------
  - ------------------------------------------------------------------------------------------------------------------------------------
  - ------------------------------------------------------------------------------------------------------------------------------------
  - ------------------------------------------------------------------------------------------------------------------------------------
  - ------------------------------------------------------------------------------------------------------------------------------------
  - ------------------------------------------------------------------------------------------------------- <C>                          <C>                    <C>                         <C>                               1. Title of Derivative       9. Number of           10. Ownership               11. Nature of                                  Security                     Derivative              of Derivative               Indirect                         (Instr. 3)                   Securities              Security:                   Beneficial                                                    Beneficially            Direct (D)                  Ownership                                                     Owned at End            or Indirect (I)             (Instr. 4)                                                    of Year                 (Instr. 4)                                                                                (Instr. 4)                                                                                                                                                          - -------------------------------------------------------------------------------------------------------
  - -------------------------------------------------------------------------------------------------------
  - -------------------------------------------------------------------------------------------------------
  - -------------------------------------------------------------------------------------------------------
  - -------------------------------------------------------------------------------------------------------
  - -------------------------------------------------------------------------------------------------------
  - ------------------------------------------------------------------------------------------------------- Explanation of Responses:
  Table I, Col. 3 & 4 - Reporting Person exchanged 32 million shares of Common                 EVERBRIGHT FINANCE & Stock (with significant restrictions) for 32 million shares of Issuer's newly                INVESTMENT CO. LIMITED re-designated Series B Preferred Stock with substantially equivalent restrictions.   **Intentional misstatements or omissions of facts constitute Federal Criminal Violations.    By:  /s/ Zhang Yibing          02/14/97   See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).                                                  ------------------------------- -------                                                                                              **Signature of Reporting Person   Date                                                                                              Zhang Yibing, Director and                                                                                              Authorized Signatory Note. File three copies of this form, one of which must be manually signed.                                                      If space provided is insufficient, see Instruction 6 for procedure.                                                 
  </TABLE>                                                                    
  </TEXT> </DOCUMENT> </SEC-DOCUMENT> -----END PRIVACY-ENHANCED MESSAGE----- |