UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
SEC File Number: 000-53017
CUSIP Number: 16890A205
(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: March 31, 2011
|_| 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:
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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:
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PART I -- REGISTRANT INFORMATION
China Electric Motor, Inc.
Full Name of Registrant
SRKP 21, Inc.
Former Name if Applicable
Sunna Motor Industry Park, Jian'an, Fuyong Hi-Tech Park
Address of Principal Executive Office (Street and Number)
Baoan District, Shenzhen, Guangdong 518103, People's Republic of China
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 reason 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. (Attach extra Sheets if Needed)
The registrant is unable to file its Quarterly Report on Form 10-Q for the
quarter ended March 31, 2011, within the prescribed time period due to an
ongoing investigation by the Special Committee of the registration's Board
of Directors into possible discrepancies concerning the registrant's
banking statements identified by the registrant's auditors in the course
of their audit of the registrant's consolidated financial statements for
the fiscal year ended December 31, 2010 (please refer to the registrant's
Current Report on Form 8-K filed on March 31, 2011). The registrant and
its advisors are working expeditiously to resolve the issues discovered
during the audit, but the registrant, at this time, is unable to determine
when it will file its Quarterly Report on Form 10-Q for the quarter ended
March 31, 2011.
PART IV -- OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification
Heung Sang Fong, Chief Financial Officer + 86-755-8149 9969
(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). Yes |_| No |X|
Annual Report on Form 10-K for the fiscal year ended December 31, 2010
(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.
Given that the investigation of possible discrepancies concerning the
registrant's banking statements is ongoing, the registrant cannot at
this time predict whether that investigation will require any
adjustments to the registrant's financial statements, and if so,
whether such adjustments will be material. As a result, the registrant
is unable at this time to reasonably estimate whether any significant
change in its results of operations for the quarter ended March 31,
2011 will be reflected by the earnings statements to be included in its
Quarterly Report of Form 10-Q for the quarter ended March 31, 2011.
China Electric Motor, 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 May 17, 2011 By: /s/ Yue Wang
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Yue Wang
Chief Executive Officer