X0303 4 2009-04-17 0 0001088787 China Direct, Inc. CDII 0001373469 Wang Yuejian C/O CHINA DIRECT, INC. 431 FAIRWAY DRIVE, SUITE 200 DEERFIELD BEACH FL 33441 1 1 1 0 Chief Executive Officer Common Stock, $.0001 par value 2009-04-17 4 J 0 220900 D 20000 D Common Stock, $0.0001 par value 2009-04-17 4 S 0 2724 1.50 D 12276 D On April 17, 2009, the reporting person rescinded his subscription for 220,900 shares of the Issuer?s common stock that were issued upon the reporting person's January 5, 2009 exercise of stock options. Amount does not include 4,000,000 shares of the Issuer's common stock held by Dragon Fund Management LLC ("Dragon Fund"), an entity in which the reporting person owns 1% of the membership interests and holds 50% of the voting control. The reporting person disclaims beneficial ownership of the Issuer's securities owned by Dragon Fund except to the extent of his pecuniary interest in Dragon Fund and this filing should not be construed as an admission that the reporting person is the beneficial owner of these securities. Yuejian Wang 2009-04-21