China Energy Savings Technology (CESV)

[beigledog]

Here's the follow-up...

News for 'CESV' - (DJ China Energy Savings Tech Faces Informal SEC Inquiry)

WASHINGTON (Dow Jones)--China Energy Savings Technology Inc. (CESV) disclosed Tuesday that the Securities and Exchange Commission is conducting an informal and nonpublic inquiry into the company.

In its quarterly report filed with the SEC, China Energy didn't disclose the subject of the inquiry. The company said it was told of the inquiry Feb. 9. The SEC asked China Energy and its auditors to furnish certain documents, according to the filing.

China Energy said it intends to fully cooperate with the inquiries and supply all available materials requested.

The Hong Kong-based company makes and sells energy-saving products in China through its 100% ownership of Starway Management Ltd.

-By Antonie Boessenkool, Dow Jones Newswires; 202-862-7139; [e-mail]


(END) Dow Jones Newswires