XT ENERGY GROUP, INC. : Entry into a Material Definitive Agreement (form 8-K)

Item 1.01 Entry into a Material Definitive Agreement.

On January 6th, 2020, the company ( 90% owner of Rongentang Wine Company ) and Mr. Chen, Dahuan ( 10% co-owner of Rongentang Wine Company ) jointly entered into an Sales Agreement with Mr. Tong, Kairui and Mr. Huang, Hao ( the Buyers / Tong - 60% and Huang 40% ) to sell co-owned Rongentang Wine Company for 75 million yuan ( RMB ).

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