China Power Equipment, Inc (CPQQ)

[ALERTS100%to10000%GAIN]

The following table summarizes our liquidity and capital resources for the periods presented:


March 31, 2011 December 31, 2010
Cash $ 19,504,219 $ 17,932,447
Working capital $ 19,938,688 $ 18,544,621
Stockholders' equity $ 29,165,687 $ 27,865,352



CPQQ~~~The following table shows the movements of our cash for the periods presented.


Three Months Ended March 31,
2011 2010
Net cash provided by (used in) operating activities $ 1,157,492 $ (393,065 )
Net cash provided by (used in) investing activities 328,334 (494,326 )
Net cash provided by financing activities - 108,700
Effect of exchange rate changes on cash 85,946 779
Net increase (decrease) in cash $ 1,571,772 $ (777,912 )

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