- Report of Foreign Issuer (6-K)
January 24 2011 - 3:31PM
Edgar (US Regulatory)
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
Form
6-K
REPORT
OF FOREIGN PRIVATE ISSUER
PURSUANT
TO RULE 13a-16 OR 15d-16 UNDER
THE
SECURITIES EXCHANGE ACT OF 1934
For the
month of January 2011
Commission
File Number 333-168929
LIZHAN
ENVIRONMENTAL CORPORATION
(Translation
of registrant’s name into English)
No.
716, Qifu Road, Wutong Street, Tongxiang
Zhejiang
Province, 314500, People’s Republic of China
(Address
of principal executive office)
Indicate
by check mark whether the registrant files or will file annual reports under
cover of Form 20-F or Form 40-F.
Form 20-F
x
Form
40-F
o
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted
by Regulation S-T Rule 101(b)(1): ____
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted
by Regulation S-T Rule 101(b)(7): ____
Indicate
by check mark whether by furnishing the information contained in this Form, the
registrant is also thereby furnishing the information to the Commission pursuant
to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes
o
No
x
If “Yes”
is marked, indicate below the file number assigned to the registrant in
connection with Rule 12g3-2(b): 82-______.
EXPLANATORY
NOTE
On
January 24, 2011, Lizhan Environmental Corporation (the “Company”) announced
that it has completed the testing of its first Evergreen Product production
line. The mass production of its new Evergreen Products is expected to begin in
mid-February. The Company initially anticipated that mass production of the
first Evergreen Product production line would begin in late November 2010 and
the second production line in February 2011. However, the Company decided to
delay the production in order to make certain technical modifications to parts
of the manufacturing equipment to ensure that the quality of the new Evergreen
Products meets the standards of the Company and its customers. The Company
expects the second production line to begin operating by May 2011 as a result of
these modifications.
The
Company’s existing advance sales purchase orders for the Evergreen Products,
amounting to approximately $32.5 million in the aggregate, are still in effect,
subject to the customers’ inspection of, and satisfaction with, the quality of
the materials and other customary conditions. The Company initially
anticipated that these revenues would be generated between December 2010 and
November 2011. However, as a result of the delay in the commencement
of the production of our Evergreen Products, the timing of these orders has been
modified. The anticipated revenues from these orders are now expected
to be generated between March 2011 and February 2012.
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, thereunto
duly authorized.
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LIZHAN
ENVIRONMENTAL CORPORATION
(Registrant)
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Date:
January 24, 2011
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By:
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/s/ Name:
Jianfeng Liu
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Name:
Jianfeng Liu
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Title:
Chairman and Chief Executive Officer
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