As Filed with the Securities and Exchange Commission on December 30, 2005.
                                                     Registration No. 333-
- --------------------------------------------------------------------------------

                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   ----------

                                    FORM F-6

                             REGISTRATION STATEMENT
                                      under
                           THE SECURITIES ACT OF 1933

         For Depositary Shares Evidenced by American Depositary Receipts

                                   ----------

                      TINGYI (CAYMAN ISLANDS) HOLDING CORP.
   (Exact name of issuer of deposited securities as specified in its charter)

                                      N.A.
                   (Translation of issuer's name into English)

                                 CAYMAN ISLANDS
            (Jurisdiction of incorporation or organization of issuer)

                              THE BANK OF NEW YORK
             (Exact name of depositary as specified in its charter)

                      One Wall Street, New York, N.Y. 10286
                            Telephone (212) 495-1784

    (Address, including zip code, and telephone number, including area code,
                  of depositary's principal executive offices)

                                   ----------

                              The Bank of New York
                                  ADR Division
                           One Wall Street, 29th Floor
                               New York, NY 10286
                            Telephone (212)-495-1784
    (Address, including zip code, and telephone number, including area code,
                             of agent for service)

        It is proposed that this filing become effective under Rule 466
                          |_| immediately upon filing
                             |_| on (Date) at (Time)

      If a separate statement has been filed to register the deposited shares,
check the following box. |_|

                         CALCULATION OF REGISTRATION FEE



==================================================================================================================================
                                                                         Proposed maximum       Proposed maximum       Amount of
           Title of each class of                        Amount             Aggregate              aggregate         registration
        Securities to be registered                 to be registered     price per unit(1)      offering price(1)         fee
- ----------------------------------------------------------------------------------------------------------------------------------
                                                                                                            
American Depositary Shares evidenced by American       50,000,000               $.05              $2,500,000            $267.50
Depositary Receipts, each American Depositary           American
Share evidencing twenty ordinary shares of Tingyi      Depositary
(Cayman Islands) Holding Corp.                           Shares
==================================================================================================================================


(1)   Estimated  solely for the purpose of  calculating  the  registration  fee.
      Pursuant  to Rule  457(k),  such  estimate is computed on the basis of the
      maximum  aggregate  fees or charges to be imposed in  connection  with the
      issuance of American  Depositary  Receipts  evidencing American Depositary
      Shares.

The Registrant hereby amends this  Registration  Statement on such date or dates
as may be necessary to delay its effective date until the Registrant  shall file
a further amendment which specifically  states that this Registration  Statement
shall become  effective in accordance with Section 8(a) of the Securities Act of
1933 or until the registration statement shall become effective, on such date as
the Commission, acting pursuant to said Section 8(a), may determine.

- --------------------------------------------------------------------------------




      The  Prospectus  consists  of the  proposed  form of  American  Depositary
Receipt included as Exhibit A to the form of Deposit  Agreement filed as Exhibit
(1) to this Registration Statement, which is incorporated herein by reference.



                                      -2-


                                     PART I

                       INFORMATION REQUIRED IN PROSPECTUS

Item 1. Description of the Securities to be Registered

                              CROSS REFERENCE SHEET



         Item Number and Caption                            Location in Form of
         -----------------------                            American Depositary Receipt
                                                            Filed Herewith as Prospectus
                                                            ----------------------------
                                                      
(1)      Name and address of Depositary                     Introductory Paragraph

(2)      Title of American Depositary Receipts and          Face of American Depositary Receipt, top center
         identity of deposited securities

         Terms of Deposit:

         (i)      The amount of deposited securities        Face of American Depositary Receipt - upper right
                  represented by one unit of American       corner
                  Depositary Shares

         (ii)     The procedure for voting, if any, the     Paragraphs (15) and (16)
                  deposited securities

         (iii)    The collection and distribution of        Paragraphs (12), (14) and (15)
                  dividends

         (iv)     The transmission of notices, reports      Paragraphs (11), (15) and (16)
                  and proxy soliciting material

         (v)      The sale or exercise of rights            Paragraph (13)

         (vi)     The deposit or sale of securities         Paragraphs (12) and (17)
                  resulting from dividends, splits or
                  plans of reorganization

         (vii)    Amendment, extension or termination of    Paragraphs (20) and (21)
                  the Deposit Agreement

         (viii)   Rights of holders of receipts to          Paragraph  (11)
                  inspect the transfer  books of the
                  Depositary  and the list of holders
                  of receipts

         (ix)     Restrictions upon the right to deposit    Paragraphs (2), (3), (4), (5), (6) and (8)
                  or withdraw the underlying securities



                                      -3-




         Item Number and Caption                            Location in Form of
         -----------------------                            American Depositary Receipt
                                                            Filed Herewith as Prospectus
                                                            ----------------------------
                                                      
         (x)      Limitation upon the liability of the      Paragraphs (13) and (18)
                  Depositary

(3)      Fees and Charges                                   Paragraph (7)


Item 2. Available Information



         Item Number and Caption                            Location in Form of
         -----------------------                            American Depositary Receipt
                                                            Filed Herewith as Prospectus
                                                            ----------------------------
                                                      
2(a)     Statement that Tingyi (Cayman Islands) Holding     Paragraph (11)
         Corp., furnishes the Commission with certain
         public reports and documents required by foreign
         law or otherwise under Rule 12g3-2(b) under the
         Securities Exchange Act of 1934 and that such
         reports and documents can be inspected by
         holders of American Depositary Receipts and
         copied at public reference facilities maintained
         by the Commission in Washington, D.C.



                                      -4-


                                     PART II

                     INFORMATION NOT REQUIRED IN PROSPECTUS

Item 3. Exhibits

      (1) Form of Deposit Agreement  (including the form of American  Depositary
Receipt),  dated as of [Date], among Tingyi (Cayman Islands) Holding Corp., (the
"Issuer"),  The Bank of New York, as  Depositary  (the  "Depositary"),  and each
Owner and holder  from time to time of  American  Depositary  Receipts  ("ADRs")
issued thereunder.

      (4) Opinion of Emmet, Marvin & Martin, LLP, counsel for the Depositary, as
to the legality of the securities being registered.

Item 4. Undertakings

      (a) The  Depositary  hereby  undertakes to make available at the principal
office of the Depositary in the United States,  for inspection by holders of the
ADRs, any reports and communications received from the Issuer which are both (1)
received by the  Depositary  as the holder of the deposited  securities  and (2)
made  generally  available to the holders of the  underlying  securities  by the
Issuer.

      (b) The Depositary  hereby  undertakes to notify each registered holder of
an ADR at least thirty days before any change in the fee schedule.


                                      -5-


                                   SIGNATURES

      Pursuant to the  requirements  of the  Securities Act of 1933, The Bank of
New York, on behalf of the legal entity created by the Deposit Agreement,  dated
as of January  _________,  2006 among Tingyi (Cayman Islands) Holding Corp., The
Bank of New  York,  as  Depositary,  and each  Owner and  holder of an  American
Depositary Receipt issued thereunder certifies that it has reasonable grounds to
believe  that all the  requirements  for filing on Form F-6 are met and has duly
caused  this  Registration   Statement  to  be  signed  on  its  behalf  by  the
undersigned,  thereunto duly  authorized,  in The City of New York, State of New
York, on December 30, 2005.

                                                   By: THE BANK OF NEW YORK,
                                                         as Depositary

                                                   By: \s\ Allen Murray
                                                       ---------------------
                                                   Name:  Allen Murray
                                                   Title: Managing Director


                                      -6-


      Pursuant to the requirements of the Securities Act of 1933, Tingyi (Cayman
Islands) Holding Corp., has caused this  Registration  Statement to be signed on
its  behalf  by the  undersigned,  thereunto  duly  authorized  in The  People's
Republic of China on December 30, 2005.

                                           TINGYI (CAYMAN ISLANDS) HOLDING CORP.

                                           By: \s\ WEI, Ing-Chou
                                               ---------------------
                                               Name:  WEI, Ing-Chou
                                               Title: Chairman & CEO

      Pursuant  to  the  requirements  of  the  Securities  Act  of  1933,  this
Registration  Statement has been signed by or on behalf of the following persons
in the capacities indicated on December 30, 2005.

Name                                                 Title

\s\ WEI, Ing-Chou                 Chairman & CEO
- -------------------               (Principal Executive Officer)
WEI, Ing-Chou

\s\ LIN, Chin-Tang                Chief Financial Officer
- -------------------               (Principal Financial Officer)
LIN, Chin-Tang

\s\ Huang, Yu-Hua                 Accounting Director
- -------------------               (Principal Accounting Officer)
Huang, Yu-Hua

\s\ WEI, Ying-Chiao               Director
- -------------------
WEI, Ying-Chiao

\s\ IDA, Junichiro                Director
- -------------------
IDA, Junichiro

\s\ YOSHIZAWA, Ryo                Director
- -------------------
YOSHIZAWA, Ryo

\s\ Allen Murray                  Authorized Representative in the United States
- -------------------
The Bank of New York
By: Allen Murray
Title: Managing Director


                                      -7-


                                INDEX TO EXHIBITS

Exhibit
 Number
- -------

(1)         Form of Deposit Agreement, dated as of [Date], among the Issuer, the
            Depositary  and each  Owner  and  holder  from  time to time of ADRs
            issued thereunder.

(4)         Opinion of Emmet,  Marvin & Martin, LLP, counsel for the Depositary,
            as to the legality of the securities being registered.


                                      -8-