8-K 1 v190332_8k.htm Unassociated Document
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): July 9, 2010
 
CHINA RITAR POWER CORP.
 
 (Exact name of registrant as specified in its charter)
 
Nevada
000-25901
87-0422564
 (State of Incorporation)
(Commission File No.)
(IRS Employer ID No.)
 
Room 405, Tower C, Huahan Building,
16 Langshan Road, North High-Tech Industrial Park,
Nanshan District,
Shenzhen, China, 518057
 (Address of Principal Executive Offices)

(86) 755-83475380
Registrant’s Telephone Number, Including Area Code:
 

 (Former name or former address, if changed since last report)

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.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 4.01: Changes In Registrant's Certifying Accountant

Effective as of July 9, 2010 the Company dismissed AGCA Inc. (“AGCA”), the Company's independent registered public accounting firm. The decision to change accountants was approved by the Company's Board of Directors.

AGCA reported on the Company's consolidated financial statements for the years ending December 31, 2009 and 2008 and reviewed the Company’s consolidated financial statements for the period ending March 31, 2010. For these periods and up to July 9, 2010, there were no disagreements with AGCA on any matter of accounting principle or practices, financial statement disclosure, or auditing scope or procedure, which disagreement(s), if not resolved to the satisfaction of AGCA, would have caused it to make reference thereto in its report on the financial statements for such years.  During such years, there were no reportable events within the meaning set forth in Item 304(a)(1)(v) of Regulation S-K.

The reports of AGCA on the financial statements of the Company for the fiscal years ended December 31, 2009 and 2008 did not contain any adverse opinion or disclaimer of opinion and were not qualified or modified as to uncertainty, audit scope or accounting principles.

The Company has provided AGCA with a copy of the foregoing disclosure and requested that AGCA provide the Company with a letter addressed to the Securities and Exchange Commission stating whether it agrees with the statements made by the Company in response to this item. A copy of such letter, dated July 12, 2010, is filed as Exhibit 16.1 to this Current Report on Form 8-K.

The Company has engaged Crowe Horwath (HK) CPA Limited to assume the role of its new independent registered public accounting firm. The decision to engage Crowe Horwath (HK) CPA Limited was approved by the Board of Directors on July 9, 2010. The Company signed the engagement letter on July 9, 2010.

During the fiscal years ended December 31, 2009 and 2008 and through July 9, 2010, the Company did not consult with Crowe Horwath (HK) CPA Limited on (i) the application of accounting principles to a specified transaction, either completed or proposed, or the type of audit opinion that may be rendered on the Company’s financial statements, and Crowe Horwath (HK) CPA Limited did not provide either in a written report or oral advice to the Company that was an important factor considered by the Company in reaching a decision as to any accounting, auditing, or financial reporting issue; or (ii) the subject of any disagreement, as defined in Item 304 (a)(1)(v) of Regulation S-K and the related instructions, or a reportable event within the meaning set forth in Item 304 (a)(1)(V) of Regulation S-K.

Item 9.01: Financial Statements and Exhibits.

16.1
Letter from AGCA dated July 12, 2010 to the Securities and Exchange Commission


 
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 Ritar Power Corp.
 
       
Date: July 12, 2010
By:
/s/ Jiada Hu
 
   
Jiada Hu
 
   
Chief Executive Officer