-----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, VGk6rqMS56XBFI3+sZ3BAcZVpm9zubwokBT0sAPI18eGCzSOgaNBpaDhLt8ghBdt DapwS8yywoEE3AzWGgkizg== 0001144204-05-012327.txt : 20050421 0001144204-05-012327.hdr.sgml : 20050421 20050421083829 ACCESSION NUMBER: 0001144204-05-012327 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20050421 ITEM INFORMATION: Other Events FILED AS OF DATE: 20050421 DATE AS OF CHANGE: 20050421 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CHINA ENERGY SAVINGS TECHNOLOGY, INC. CENTRAL INDEX KEY: 0001119601 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN [7373] IRS NUMBER: 860995730 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-31047 FILM NUMBER: 05763221 BUSINESS ADDRESS: STREET 1: 18 HARBOUR ROAD, SUITE 3203A STREET 2: 32ND FLOOR CITY: HONG KONG STATE: F4 ZIP: 00000 BUSINESS PHONE: 852-2588-1228 MAIL ADDRESS: STREET 1: 18 HARBOUR ROAD, SUITE 3203A STREET 2: 32ND FLOOR CITY: HONG KONG STATE: F4 ZIP: 00000 FORMER COMPANY: FORMER CONFORMED NAME: RIM HOLDINGS INC DATE OF NAME CHANGE: 20020819 FORMER COMPANY: FORMER CONFORMED NAME: RIM COM INC DATE OF NAME CHANGE: 20000714 8-K 1 v016717_8k.txt ======================================================================= 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 (Date of earliest event reported): April 21, 2005 ----------------- CHINA ENERGY SAVINGS TECHNOLOGY, INC. (Exact name of registrant as specified in Charter) NEVADA 000-31047 86-0995730 (State or other jurisdiction of (Commission File No.) (IRS Employee incorporation or organization) Identification No.)
Central Plaza 18 Harbour Road Suite 3203A 32nd Floor Hong Kong China (Address of Principal Executive Offices) 852-2588-1228 (Issuer Telephone number) ======================================================================= ITEM 8.01. OTHER EVENTS On April 20, 2005, China Energy Savings Technology, Inc. ("China Energy Savings") issued a press release announcing that its common stock will begin trading on the Nasdaq National Market System (NMS) on Thursday, April 21, 2005 when market opens. Shares of the Company's common stock will continue trading under the ticker symbol "CESV". Exhibit Number Description - ------- ----------- 99.1 Press Release 2 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 ENERGY SAVINGS TECHNOLOGY, INC. By: /s/ Sun Li ------------------------------- Sun Li CEO Dated: April 21, 2005 3
EX-99.1 2 v016717_ex99-1.txt China Energy Savings Technology, Inc. Announces Move to the Nasdaq National Market System HONG KONG, April 20 /Xinhua-PRNewswire/ -- China Energy Savings Technology, Inc. (OTC:CESV) (BULLETIN BOARD: CESV) , a leading energy savings company, today announced that its common stock will begin trading on the Nasdaq National Market System (NMS) on Thursday, April 21, 2005 when market opens. Shares of the Company's common stock will continue trading under the ticker symbol "CESV". The listing application was approved by Nasdaq on April 13, 2005. Mr Sun Li, Chairman and CEO of China Energy Savings Technology commented, "The move to the NMS marks another significant milestone in the company's growth and development and represents another step in our ongoing commitment to delivering value to our shareholders. The NMS listing will provide greater visibility and access to a wider investor base. We are honored to join the family of NMS-listed companies and look forward to continued growth and development on the NMS." "The shortage of energy supply will be getting worse in the years to come," Sun Li continued. "Because of this we are even more devoted to the contribution of energy conservation, which is in the best interest of our shareholders. When Starway Management Limited, the energy savings subsidiary of China Energy Savings Technology, generated $8.9 million in annual income in 2003 after consolidating its financials with its mother company, the earning per share was only $0.36. In 2004 the annual income reached $30.7 million after consolidating its financials with its mother company (before deducting the value of the shares issued under the company's 2004 equity plan), and the earning per share rose to $1.25. These figures reflected the potentials of energy saving market in China." On March 23, 2005, the Research Works, Inc. an independent equity research company, initiated coverage of China Energy Savings Technology on the factors of our profit potential and NMS listing. The entire report can be viewed online at the following URL: http://www.stocksontheweb.com/cesv.pdf About China Energy Savings Technology: The company is a holding company that owns 100% of Starway Management Limited whose subsidiaries are engaged in the manufacturing and sales of advanced technology energy-saving products in the People's Republic of China (PRC). According to test reports by various PRC authorities including the National Center of Supervision & Inspection on Electric Light Source Quality (Shanghai) issued in September 2002 and Shenzhen Academy of Metrology & Quality Inspection issued in December 2002, the energy saving products of Starway's subsidiaries may provide energy saving rates ranging from approximately 25% to 45%. The energy saving projects conducted by Starway's subsidiaries mostly relate to public or street lighting systems, government administration units, shopping malls, supermarkets, restaurants, factories and oil fields, etc. There are small and large-scaled projects: the small-scaled projects relate to restaurants, shops and small arcades through the sale of equipment, and the large-scaled projects relate to large shopping malls, supermarkets, factories and public bodies through the provision and installation of equipment over a term usually extended for years. Safe Harbor Statement: As a cautionary note to investors, certain matters discussed in this press release may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such matters involve risks and uncertainties that may cause actual results to differ materially, including the following: changes in economic conditions; general competitive factors; the Company's ability to execute its business model and strategic plans; and the risks described from time to time in the Company's SEC filings. Contact Information: John Roskelley President First Global Media 480-902-3110 Website: http://www.cesv-inc.com/ Email: contactus@cesv-inc.com China Energy Savings Technology, Inc. Web site: http://www.cesv-inc.com/
-----END PRIVACY-ENHANCED MESSAGE-----