CPQQ China Power Equipment Inc (CE)

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C.  20549

 

 

FORM 10-Q

(Mark One)

 

þ            Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

For the quarterly period ended June 30, 2012

 

o            Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

For the transition period from                                to                                    .

 

Commission File Number 001-51379

 

CHINA POWER EQUIPMENT, INC.

(Exact name of registrant as specified in its charter)

Maryland		20-5101287
(State or Other Jurisdiction of Incorporation or Organization)		(I.R.S. Employer Identification No.)

Room 602, 6/F, Block B, Science & Technology Park of Xi Dian University,

No. 168 Kechuang Road, Hi-tech Industrial Development Zone

Xi’an, Shaanxi, China 710065

(Address of Principal Executive Offices including zip code)

86-29-62619758 8831-0560

  (Registrant’s Telephone Number, Including Area Code)

                                                                                                                                         

(Former name, former address and former fiscal year, if changed since last report)

 

Indicate by check mark whether the Registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes þ   No o

 

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every, Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes þ   No o

 

Indicate by check mark if the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer or a smaller reporting company.  See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act.

 

Large Accelerated Filer o

Accelerated Filer o

Non-Accelerated Filer (Do not check if a smaller reporting company) o

Smaller reporting company þ

 

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Securities Exchange Act).  Yes o   No þ

As of August 13 , 2012, 19,459,680 shares of the issuer’s common stock, par value $0.001, were outstanding.

 

 

Table of Contents

 

		Page
Part I	FINANCIAL INFORMATION	F-1
ITEM 1	FINANCIAL STATEMENTS	F-1
ITEM 2	MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS	1
ITEM 3	QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK	8
ITEM 4	CONTROLS AND PROCEDURES	8
Part II	OTHER INFORMATION	9
ITEM 1	LEGAL PROCEEDINGS	9
ITEM 1A.	RISK FACTORS	9
ITEM 2	UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS	9
ITEM 3	DEFAULTS UPON SENIOR SECURITIES	9
ITEM 4	MINE SAFETY DISCLOSURES	9
ITEM 5	OTHER INFORMATION	9
ITEM 6	EXHIBITS	9

 

 

Part I

 

FINANCIAL INFORMATION

 

ITEM 1  FINANCIAL STATEMENTS

 

ITEM 2  MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS