UNITED STATES
                      SECURITIES AND EXCHANGE COMMISSION
                            Washington, D.C. 20549

                            _____________________

                                  FORM 8-K
                            _____________________


             CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
                        SECURITIES EXCHANGE ACT OF 1934

                         COMMISSION FILE NO.: 0-24185

                         Date of Report: July 6, 2006


                   CHINA AOXING PHARMACEUTICAL COMPANY, INC.
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           (Exact name of registrant as specified in its charter)


              Florida                                   65-0636168
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   (State of other jurisdiction of                 (IRS Employer
    incorporation or organization                   Identification No.)


        100 Wall Street, 15th Floor, New York, NY         10005
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        (Address of principal executive offices)        (Zip Code)


                           (212) 232-0120 ext. 221
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             (Registrant's telephone number including area code)


                      Central American Equities Corp.
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                (Former Name, if Changed Since Last Report)


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:

[ ]  Written communications pursuant to Rule 425 under the Securities Act
     (17 CFR 230.425)
[ ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act
     (17 CFR 240.14a-12)
[ ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the
     Exchange Act (17 CFR 240.14d-2(b))
[ ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the
     Exchange Act (17 CFR 240.13e-4(c))



Item 5.03	Amendment to Articles of Incorporation

Effective on July 6, 2006, Central American Equities filed with the
Florida Department of State a Certificate of Amendment of its Certificate
of Incorporation.  The amendment (1) changed the name of the corporation
to "China Aoxing Pharmaceutical Company, Inc." and (2) effected a reverse
stock split of the corporation's common stock in the ratio of 1:4.

Item 9.01	Financial Statements and Exhibits

Exhibits

3-a	Certificate of Amendment of Certificate of Incorporation filed on
        July 3, 2006, effective on July 6, 2006 at 6:00 p.m. Eastern
        Standard Time.

                                  SIGNATURES

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 Aoxing Pharmaceutical Company, Inc.


Dated:  July 11, 2006              By: /s/ Zhenjiang Yue
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                                   Zhenjiang Yue, Chief Executive Officer