AWSH revoked:

http://www.sec.gov/litigation/admin/2013/34-70157.pdf

AWSH: SEC Suspension:

http://www.sec.gov/litigation/suspensions/2013/34-70021.pdf

Order:

http://www.sec.gov/litigation/suspensions/2013/34-70021-o.pdf

Admin Proceeding:

http://www.sec.gov/litigation/admin/2013/34-70020.pdf

Think its gonna try and wake up.

CEO of AWSH: Yang Kuidong

Mr. Yang Kuidong is Chairman of the Board and Chief Executive Officer of American Wenshen Steel Group, Inc. He has over ten years experience in the specialty steel business. Since 2004 he has served as Chairman of the Board of Chaoyang Liaogang. From 1997 to 2004, Mr. Yang was a director of Shenyang Dongyu Special Steel Co., Ltd., and Chairman of the Board for the last two years of his tenure. From 1990 to 1997 Mr. Yang was employed by Beiman Special Steel Company in the departments of iron and steel materials and electric cookers. In 1990 Mr. Yang graduated from Harbin College of Physical Education.

Chaoyang Liaogang currently has sufficient capital resources to carry on its business as it is currently constituted, particularly as we can rely on the capital resources of our Chairman. However, our business plan calls for substantial capital investment over the next twelve months. We intend to expand the capacity of our factory by investing approximately $4.5 million in new capital equipment.

Results of Operations

Chaoyang Liaogang commenced substantial production activity in the fall of 2006. Through March 31, 2007 its revenues consisted
only of sales of small amounts of steel incidental to its development activities. Most of the $1,162,555 in revenue that Chaoyang Liaogang recorded for the year ended September 30, 2007 were realized from one large sale of special steel and one variety of die steel to one distributor, Shenyang Geshite Special Steel Co., Ltd., which is located nearby in the capital of Liaoning Province. In fiscal 2008, we developed several other customers for our products. For the year ended September 30, 2008 we realized $2,253,816 in revenue, compared to $ 1,162,555 that we realized in the year ended September 30, 2007.

Our growth was reversed during the year ended September 30, 2009. As a result of the global recession, construction activities in
China diminished, and so demand for our products waned. In addition we have negative working capital, which prevents us from financing large orders for our products. As a result, during the year ended September 30, 2009 we realized only $264,924 in revenue, an 88% reduction from the prior fiscal year. This situation continued in our 2010 fiscal year. For the nine months ended June 30, 2010, our net sales have totaled only $74,619, compared to $496,957 in the nine months ended June 30, 2009. On those fiscal 2010 sales we realized a gross margin of only 18%, since we were reselling steel acquired from other manufacturers. In the third quarter we recorded no sales due to interrupted production as we were testing on our machinery.

There are five patents that were acquired from third parties in 2005. The Patents are being amortized over a 12 year period. At June 30, 2010, the net amount of the Patents was $396,557 after considering the accumulated amortization of $484,681. At September 30, 2009, the net amount of the Patents was $460,688 after considering the accumulated amortization of $416,813. The amortization expense was $65,836 & $65,726 and for the nine months ended June 30, 2010 and 2009 respectively.

The Company had no production during the quarter ending June 30, 2010 due to maintenance and testing on its machinery. No revenue was generated in this quarter. The Company expects the machinery to operate normally before the end of the year and that production will be resumed.

American Wenshen Steel Group, Inc., through its subsidiary, Chaoyang Liaogang Special Steel Co., Ltd., engages in the manufacture and sale of steel in the People's Republic of China.