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 UNDER
THE SECURITIES EXCHANGE ACT OF 1934
For the month of May 2012
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
Order Instituting Administrative Proceedings and Notice of Hearing Pursuant to Section 12(j) of the Securities Exchange Act of 1934
On May 2, 2012, the United States Securities and Exchange Commission (the SEC) issued an Order Instituting Administrative Proceedings and Notice of Hearing Pursuant to Section 12(j) of the Securities Exchange Act of 1934 (the Order), instituting public administrative proceedings (the 12(j) Action) against SinoTech Energy Limited (the Company).
In the Order, the SEC alleged that the Company has no compliant Commission filings, is delinquent in its periodic filings with the Commission, and has failed to comply with Section 13(a) of the Securities Exchange Act of 1934 (the Exchange Act) and Rule 13a-1 thereunder.
The Order further states that the 12(j) Action was instituted to determine, among other things, whether it is necessary and appropriate for the protection of investors to suspend for a period not exceeding twelve months, or revoke the registration of, each class of securities registered pursuant to Section 12 of the Exchange Act of the Company and any successor under Exchange Act Rule 12b-2 or 12g-3.
On May 4, 2012, the SEC ordered that a hearing for the 12(j) Action commerce on June 4, 2012.
The Company does not intend to contest the 12(j) Action. As a result, the SEC may suspend for a period not exceeding twelve months, or revoke the registration of, each class of securities registered pursuant to Section 12 of the Exchange Act of the Company.
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 |
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Date: May 14, 2012 |
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