8-K

UNITED STATES

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): June 19, 2008

SmartHeat Inc.

(Exact Name of Registrant as Specified in Charter)

Nevada	000-53052	98-0514768
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(IRS Employer Identification No.)

A-1, 10, Street 7

Shenyang Economic and Technological Development Zone

Shenyang, China 110027

(Address of principal executive offices; zip code)

Registrant’s telephone number, including area code:+86 (24) 2519-7699

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e 4(c))

Item 7.01 Regulation FD Disclosure.

On June 19, 2008, SmartHeat Inc. (the "Company") issued a press release announcing that it has won a $3 million heat energy saving equipment supply contract with the city government of Huhhot, Inner Mongolia to install SmartHeat products. A copy of the press release is attached hereto as Exhibit 99.1. That exhibit shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities under that Section and shall not be deemed to be incorporated by reference into any filing of the Company under the Securities Act of 1933, as amended, or the Exchange Act.

Item 9.01		Financial Statements and Exhibits.
(d)	Exhibits

Exhibit 99.1 - Press Release, dated June 19, 2008, of SmartHeat Inc.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this current report on Form 8-K to be signed on its behalf by the undersigned hereunto duly authorized.

	SMARTHEAT INC. (Registrant)
June 19, 2008	By:	/s/ Jun Wang Jun Wang President and Chief Executive Officer

EX-99

Exhibit 99.1

SmartHeat Inc. Signs Multi-Million Dollar Energy Saving Equipment Supply Contract with Chinese Municipality.

NEW YORK, NY--(MARKET WIRE)--Jun 19, 2008 – SmartHeat Inc, (OTCBB: SMHT - News), a market leader in China's “green” technology heat energy saving industry , today announced that it has won a $3 million heat energy saving equipment supply contract with the city government of Huhhot, Inner Mongolia to install SmartHeat products. The Company anticipates the potential to receive additional orders from the region.

James Wang, SmartHeat’s Chief Executive Officer, commented: "China is faced with severe coal emission related pollution problems across the country. The Chinese government is in the process of establishing stringent national coal emission reduction policies that require heat energy users to upgrade their systems to use energy saving equipment. SmartHeat is a primary beneficiary of this market trend as our products directly improve heat energy use efficiency and reduce monthly heating bills by up to 50%. SmartHeat stands to benefit from a growing and favorable market environment in China."

About SmartHeat, Inc.

SmartHeat, Inc. is a US company with its primary operations in China. SmartHeat is a market leader in China’s “green” technology heat energy saving industry. SmartHeat manufactures plate heat exchangers and compact plate heat exchanger units – the technology that helps to capture and recycle waste heat thus reduces fossil fuel related costs and pollution. SmartHeat’s products and technology have broad residential and industrial applications. China’s heat transfer market is currently estimated at approximately $2.4billion with double digit annual growth according to China Heating Association.

Safe Harbor Statement

All statements in this press release that are not historical are forward-looking statements made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. There can be no assurance that actual results will not differ from the company's expectations. SmartHeat's actual results may differ from its projections. Further, preliminary results are subject to normal year-end adjustments. You are cautioned not to place undue reliance on any forward-looking statements in this press release as they reflect SmartHeat's current expectations with respect to future events and are subject to risks and uncertainties that may cause actual results to differ materially from those contemplated. Potential risks and uncertainties include, but are not limited to, the risks described in SmartHeat’s filings with the Securities and Exchange Commission.

Contact Information:

James Wang, CEO

SmartHeat, Inc.

Tel: 011-86-13701368262

Email: info@smartheatinc.com