UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 OF
THE SECURITIES EXCHANGE ACT OF 1934
For the month of December 2011
Commission File Number: 001-34913
SinoTech Energy Limited
3/F, No. 19 Ronghua South Road
Beijing Economic-Technological Development Area
Beijing 100176
Peoples Republic of China
Telephone: +86-10-8712-5555
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F x Form 40-F o
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): o
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): o
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.
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SINOTECH ENERGY LIMITED | |
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By: |
/s/ Guoqiang Xin |
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Name: |
Guoqiang Xin |
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Title: |
Chief Executive Officer |
Date: December 23, 2011
Exhibit 99.1
SinoTech Announces Unaudited Annual Sales for Fiscal Year 2011
and Provides Update on LHD Fleet
Beijing, December 23, 2011 SinoTech Energy Limited (Other OTC: CTESY.PK, SinoTech or the Company), a provider of enhanced oil recovery (EOR) services in China, announced today that based on unaudited management accounts for the fiscal year ended September 30, 2011, the total sales for the full fiscal year 2011 were approximately US$110 million, which falls within the range of the previous sales guidance between US$108 million and US$112 million as announced on August 4, 2011.
The Company also announced that it experienced a recent accident in December that disabled one of its LHD units. No personnel were injured in the incident. The Company is working with the insurance company to investigate the accident and will provide update in due course. Currently the Company has 10 LHD units in operation across China. To ensure production safety and operational continuity, the Company is currently conducting a company-wide maintenance inspection for all the operational LHD units.
Safe Harbor Statement
This press release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact in this press release are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties, including those disclosed in SinoTechs filings with the United States Securities and Exchange Commission, and are based on information available to SinoTechs management as of the date hereof and on its current expectations. Actual results may differ materially from the anticipated results because of such and other risks and uncertainties. SinoTech undertakes no obligation to update forward-looking statements to reflect subsequent events or circumstances, or changes in its expectations, assumptions, estimates and projections except as may be required by law.
Investor and media inquiries:
Ms. Rebecca Guo
SinoTech Energy Limited, Beijing
+ 86-10-8712-5567
rebecca.guo@sinotechenergy.com