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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): April 19, 2005
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CHINA ENERGY SAVINGS TECHNOLOGY, INC.
(Exact name of registrant as specified in Charter)
NEVADA 000-31047 86-0995730
(State or other jurisdiction of (Commission File No.) (IRS Employee
incorporation or organization) Identification No.)
Central Plaza
18 Harbour Road
Suite 3203A
32nd Floor
Hong Kong
China
(Address of Principal Executive Offices)
852-2588-1228
Issuer Telephone number)
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ITEM 8.01. OTHER EVENTS
On April 18, 2005, China Energy Savings, Inc. ("China Energy Savings") issued a
press release announcing that its application to list its common stock on The
NASDAQ National Market System ("NMS")had been approved and that China Energy
Savings had requested that its shares begin trading 3 days from the Company's
notice upon payment of the initial entry fee. The fee was remitted on April 18,
2005. Previously, Pioneer's common stock had been listed on the over-the-counter
market under the symbol CESV. The trading symbol for common stock on NMS will
continue to be CESV.
Back on March 23, 2005, China Energy Savings issued yet another press release
announcing that The Research Works, Inc. ("RW"), an independent equity research
company, has initiated coverage of China Energy Savings Technology with a price
range target for CESV stock of $17-$30 in line with its application for listing
its common stock on the NMS.
A copy of the above two press releases issued by China Energy Savings relating
to the foregoing are attached hereto as Exhibit 99.1 and are incorporated herein
by reference.
Exhibit
Number Description
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99.1 Press Release
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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 ENERGY SAVINGS TECHNOLOGY, INC.
By: /s/ Sun Li
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Sun Li
CEO
Dated: April 19, 2005
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