SEC FILE NUMBER

000-53283

 

CUSIP NUMBER

16943V 206

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 12b-25

  NOTIFICATION OF LATE FILING

 

(Check One): ¨ Form 10-K ¨ Form 20-F ¨ Form 11-K x Form 10-Q ¨ Form 10-D ¨ Form N-SAR ¨ Form N-CSR

 

For Period Ended: June 30, 2012

 

¨ Transition Report on Form 10-K
¨ Transition Report on Form 20-F
¨ Transition Report on Form 11-K
¨ Transition Report on Form 10-Q
¨ Transition Report on Form N-SAR

 

For the Transition Period Ended: ____________________________________________

 

 
Read Instruction (on back page) Before Preparing Form.  Please Print or Type.
Nothing in this form shall be construed to imply that the Commission has verified any information contained herein.

 

If the notification relates to a portion of the filing checked above, identify the Item(s) to which the notification relates:

 

 

PART I – REGISTRANT INFORMATION

 

China Energy Recovery, Inc.
Full Name of Registrant

 

 
Former Name if Applicable

 

Bldg. #26, No. 1388, Zhangdong Road, Zhangjiang Hi-tech Park
Address of Principal Executive Office (Street and Number)

 

Shanghai, People’s Republic of China 201203
City, State and Zip Code

   

 
 

 

PART II – RULES 12b-25(b) AND (c)

 

If the subject report could not be filed without unreasonable effort or expense and the registrant seeks relief pursuant to Rule 12b-25(b), the following should be completed. (Check box if appropriate)

 

  (a) The reasons described in reasonable detail in Part III of this form could not be eliminated without unreasonable effort or expense
     
  (b) The subject annual report, semi-annual report, transition report on Form 10-K, Form 20-F, Form 11-K, Form N-SAR, or Form N-CSR, or portion thereof, will be filed on or before the fifteenth calendar day following the prescribed due date; or the subject quarterly report or transition report on Form 10-Q or subject distribution report on Form 10-D, or portion thereof, will be filed on or before the fifth calendar day following the prescribed due date; and
     
  (c)  The accountant’s statement or other exhibit required by Rule 12b-25(c) has been attached if applicable.

  

PART III – NARRATIVE

 

State below in reasonable detail why Forms 10-K, 20-F, 11-K, 10-Q, 10-D, N-SAR, N-CSR, or the transition report or portion thereof, could not be filed within the prescribed time period.

 

Recent developments as of and subsequent to the most recent quarter-end date of June 30, 2012 have placed pressure on the Company’s liquidity and overall financial flexibility including expected delays in the collection of certain receivables from which operating cash flows were expected to be used to satisfy maturing borrowings. The Company has identified certain alleviating measures which have already been taken or have sufficiently progressed in order to relieve this pressure. In light of the additional informative disclosure required for these matters, the compilation, verification and review by management of the information required to be presented in the Form 10-Q for the quarterly period ended June 30, 2012 has required additional time rendering timely filing of the Form 10-Q impracticable without undue hardship and expense to the Company.

 

(Attach Extra Sheets if Needed)

 

PART IV – OTHER INFORMATION

 

(1) Name and telephone number of person to contact in regard to this notification

 

Qinghuan Wu, CEO 011 86 021 5556-0020
(Name) (Area Code) (Telephone Number)

 

(2) Have all other periodic reports required under Section 13 or 15(d) of the Securities Exchange Act of 1934 or Section 30 of the Investment Company Act of 1940 during the preceding 12 months or for such shorter period that the registrant was required to file such report(s) been filed? If answer is no, identify report(s).     x Yes     ¨ No

 

(3) Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof?     Yes     ¨ No

 

If so, attach an explanation of the anticipated change, both narratively and quantitatively, and, if appropriate, state the reasons why a reasonable estimate of the results cannot be made.

 

The Company reported unaudited results including revenues of $18.3 million and $25.6 million for the three and six months ended June 30, 2011, respectively, and net income of $0.9 million and $0.4 million for the three and six months ended June 30, 2011, respectively, and expects to report unaudited results including revenues of approximately $25-$27 million and $54-$56 million for the three and six months ended June 30, 2012, respectively, and net income of approximately $1.2-$2.2 million and $1-$2 million for the three and six months ended June 30, 2012, respectively.

 

 
 

 

The unaudited amounts cited for the three and six months ended June 30, 2012 above are preliminary as they are subject to any accounting adjustments necessary as a result of the reasons described in Part III.

 

China Energy Recovery, Inc.
(Name of Registrant as Specified in Charter)

 

has caused this notification to be signed on its behalf by the undersigned hereunto duly authorized.

 

       
Date:   August 15, 2012 By: / s/ Qinghuan Wu  
   

Qinghuan Wu,

Chief Executive Officer

 

 

 

INSTRUCTION: The form may be signed by an executive officer of the registrant or by any other duly authorized representative. The name and title of the person signing the form shall be typed or printed beneath the signature. If the statement is signed on behalf of the registrant by an authorized representative (other than an executive officer), evidence of the representative’s authority to sign on behalf of the registrant shall be filed with the form.

 

ATTENTION

 

 
Intentional misstatements or omissions of fact constitute Federal Criminal Violations (See 18 U.S.C. 1001).

 

General Instructions

1.  This form is required by Rule 12b-25 (17 CFR 240.12b-25) of the General Rules and Regulations under the Securities Exchange Act of 1934.

 

2.  One signed original and four conformed copies of this form and amendments thereto must be completed and filed with the Securities and Exchange Commission, Washington, D.C. 20549, in accordance with Rule 0-3 of the General Rules and Regulations under the Act. The information contained in or filed with the form will be made a matter of public record in the Commission files.

 

3.  A manually signed copy of the form and amendments thereto shall be filed with each national securities exchange on which any class of securities of the registrant is registered.

 

4.  Amendments to the notifications must also be filed on Form 12b-25 but need not restate information that has been correctly furnished. The form shall be clearly identified as an amended notification.

 

5.  Electronic filers. This form shall not be used by electronic filers unable to timely file a report solely due to electronic difficulties. Filers unable to submit a report within the time period prescribed due to difficulties in electronic filing should comply with either Rule 201 or Rule 202 of Regulations S-T (§232.201 or §232.202 of this chapter) or apply for an adjustment in filing date pursuant to Rule 13(b) of Regulation S-T (§232.13(b) of this Chapter).

 

 

China Energy Recovery (CE) (USOTC:CGYV)
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China Energy Recovery (CE) (USOTC:CGYV)
過去 株価チャート
から 6 2023 まで 6 2024 China Energy Recovery (CE)のチャートをもっと見るにはこちらをクリック