UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Event: March 30, 2006
CHINA EXPERT TECHNOLOGY, INC.
(Exact name of registrant as specified in its charter)
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Nevada | 000-30644 | 98-0348086 |
(State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer Identification No.) |
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Room 2703-04, Great Eagle Centre 23 Harbour Road Wanchai, Hong Kong |
(Address of Principal Executive Office) |
Registrant’s telephone number, including area code: 852-2802-1555
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):
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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ITEM 1.01
ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT
On March 30, 2006, through its wholly-owned subsidiary, Expert Network (Shenzhen) Company Limited, the Company entered into a contract with Shishi City Information Management Co, Ltd. The contract is for planning, feasibility analysis, system design and construction of an e-government system for Shishi City in Fujian Province, PRC.
Under the terms of the contract, the project is scheduled to commence in October, 2006, and to be completed over a three-year period. The total contract price for all phases of the contract is 330,000,000 RMB, or approximately US$41,000,000 based upon current exchange rates.
ITEM 9.01
FINANCIAL STATEMENTS AND EXHIBITS
(c)
The following exhibits are filed herewith:
10.5
Main Contract, dated as of March 30, 2006, by and between Expert Network (Shenzhen) Company Limited and Shishi City Information Management Co Ltd.
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SIGNATURE
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 EXPERT TECHNOLOGY, INC.
By: /s/ Zhu Xiao Xin
President
Date: April 4, 2006
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