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 of 1934 Date of Report: January 9, 2003 XIN NET, INC. --------------- (Exact name of registrant as specified in its charter) Florida 0-26559 330-751560 ------------------- ------------- ---------- (State or other (Commission (IRS Employer jurisdiction of File Number) Identification No.) incorporation) Suite 950, 789 West Pender Street, Vancouver, B.C. Canada V6C 1H2 ----------------------------------------------------------------- (New address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (604) 632-9638 Item 1. Changes in Control of Registrant None. Item 2. Acquisition or Disposition of Assets None. Item 3. Bankruptcy or Receivership None. Item 4. Changes in Registrant's Certifying Accountant None. Item 5. Other Events On January 6, 2003, Xin Net Corp. acquired Windsor Education Academy Inc., a Richmond, British Columbia based school specializing in English as a Second Language (ESL) courses to foreign students. Total consideration was C$200,000 (about US$128,00). Item 6. Resignation of Registrant's Directors None. Item 7. Financial Statements & Exhibits Financial Statements - None. Exhibits: 10.1 Letter of Intent between Xin Net Corp. and Windsor Education Academy Inc. Item 8. Change in Fiscal Year None. Item 9. Regulation FD Disclosure None. 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 thereunto duly authorized. Date: January 22, 2003 XIN NET CORP. By: /s/ Ernest Cheung -------------------------------- Ernest Cheung, Director