

[Federal Register: October 2, 2006 (Volume 71, Number 190)]
[Notices]               
[Page 58019-58020]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr02oc06-130]                         

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SECURITIES AND EXCHANGE COMMISSION

[File No. 500-1]

 
In the Matter of China Energy Savings Technology, Inc.; Corrected 
Order of Suspension of Trading

September 26, 2006.
    It appears to the Securities and Exchange Commission that there is 
a lack of current and accurate information concerning the securities of 
China Energy Savings Technology, Inc. (``China Energy''), a Nevada 
corporation headquartered in Hong Kong, which trades in the over-the-
counter market under the symbol ``CESV.''
    Questions have arisen regarding the accuracy and completeness of 
information contained in China Energy's press releases and public 
filings with the Commission concerning, among other things: (i) The 
company's purported ownership and control of its sole asset, Shenzhen 
Dicken Industrial Development, a manufacturer of energy saving devices 
located and doing business in the People's Republic of China; and (ii) 
the existence and/or identity of the company's purported former 
Chairman and Chief Executive Officer, Mr. Sun Li.
    The Commission is of the opinion that the public interest and the 
protection of investors require a suspension of trading in the 
securities of the above-listed company.
    Therefore, it is ordered, pursuant to section 12(k) of the 
Securities Exchange Act of 1934, that trading in the above-listed 
company is suspended for the period from 9:30 a.m. EDT, September 26, 
2006, through 11:59 p.m. EDT, on October 9, 2006.


[[Page 58020]]


    By the Commission.
Jill M. Peterson,
Assistant Secretary.
[FR Doc. 06-8414 Filed 9-27-06; 4:39 pm]

BILLING CODE 8010-01-P
