SCHEDULE 13D AMENDMENT NO.1

-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, ICSaC4PhEmL+NqHarBLs3ZhTtBcLPTea7zbeGQmujq5qDr5l67/uzP8n73jgKMEo rqcvEeXFVryHoIizlUYyAg== 0001044764-04-000119.txt : 20040714 0001044764-04-000119.hdr.sgml : 20040714 20040714164047 ACCESSION NUMBER: 0001044764-04-000119 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20040714 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: YANG WEI CENTRAL INDEX KEY: 0001173988 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 1980-440-2 AVENUE SW CITY: CALGARY STATE: A1 ZIP: 00000 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: CHINA ENERGY VENTURES CORP CENTRAL INDEX KEY: 0001075247 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 721381282 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-62055 FILM NUMBER: 04914155 BUSINESS ADDRESS: STREET 1: 750 440 2 AVE SW STREET 2: SAME CITY: CALGARY STATE: A0 ZIP: T2P 5E9 BUSINESS PHONE: 4032348885 MAIL ADDRESS: STREET 1: 750 440 2 AVE SW STREET 2: SAME CITY: CALGARY STATE: A0 ZIP: T2P 5E9 FORMER COMPANY: FORMER CONFORMED NAME: CHINA BROADBAND CORP DATE OF NAME CHANGE: 20000428 FORMER COMPANY: FORMER CONFORMED NAME: INSTITUTE FOR COUNSELING INC DATE OF NAME CHANGE: 19991123 SC 13D/A 1 wyangschedule13d2004amend12f.htm SCHEDULE 13D AMENDMENT NO. 1 SCHEDULE 13D AMENDMENT NO.1

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

SCHEDULE 13D

AMENDMENT NO. 1

INFORMATION STATEMENT PURSUANT TO RULES 13d-1 AND 13d-2

UNDER THE SECURITIES EXCHANGE ACT OF 1934

China Energy Ventures Corp.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

16938B 10 8

(CUSIP Number)

July 8, 2004

(Date of Event Which Requires Filing of This Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. [ ]

Note. Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 for other parties to whom copies are to be sent.

* The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which could alter disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

1	NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (entities only)
	Yang, Wei N/A
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ]
	N/A
3	SEC USE ONLY

4	SOURCE OF FUNDS
	OO
5	CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) &n bsp; [ ]

6	CITIZENSHIP OR PLACE OF ORGANIZATION
	Chinese
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH		7	SOLE VOTING POWER
			6,507,083*
		8	SHARED VOTING POWER
			-0-
		9	SOLE DISPOSITIVE POWER
			6,507,083*
		10	SHARED DISPOSITIVE POWER
			-0-
			*Includes 333,333 shares issuable upon exercise of options
11	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
	6,507,083* *Includes 333,333 shares issuable upon exercise of options
12	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* &nb sp; [ ]

13	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
	11.5%
14	TYPE OF REPORTING PERSON*
	IN

Item 1.

Security and Issuer.

This statement relates to the Common Stock, $0.001 par value per share (“Common Stock”) issued by China Energy Ventures Corp., a Nevada corporation (“Company”), whose principal executive offices are located at 1003, W2, Oriental Plaza, 1 East Chang An Avenue, Dong Chen District, Beijing, China.

Item 2.

Identity and Background.

This statement is filed by Wei Yang, an individual (“Reporting Person”), whose principal offices are located at 1003, W2, Oriental Plaza, 1 East Chang An Avenue, Dong Chen District, Beijing, China.

The Reporting Person has not, during the last five (5) years (i) been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors), or (ii) been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violations with respect to such laws.

Item 3.

Source and Amount of Funds or Other Considerations.

The Reporting Person acquired 1,923,750 shares of the Company’s Common Stock on June 8, 2000 as part of a share exchange in connection with the Company acquiring the outstanding shares of China Broadband (BVI) Corp. The Reporting Person acquired 333,333 options to purchase shares of the Company’s Common Stock as partial compensation for consulting services to the Company’s subsidiaries. The Reporting Person is a director of Big Sky Energy Canada Ltd. which owns 4,250,000 shares of the Company’s Common Stock. On March 10, 2004, the board of directors of Big Sky Energy Canada Ltd., by unanimous written consent, authorized the Reporting Person to have sole voting and dispositive powers of all equity investments of Big Sky Energy Canada Ltd., including the 4,250,000 shares of the Company’s Common Stock.

Item 4.

Purpose of Transaction.

The purpose of the transaction in the stock is investment. The Reporting Person has no personal proposals which relate to or would result in the acquisition or disposition of any additional securities of the Company, an extraordinary corporate transaction, a sale or transfer of any material assets of the Company or any of its subsidiaries, any change in the present board of directors or management of the Company, or any other change to the Company’s present capitalization, dividend policy, business, corporate structure, charter, by-laws, related instruments, or change causing the Company’s common stock to cease to be authorized to be quoted on the Over-the-Counter-Bulletin-Board.

Item 5.

Interest in Securities of the Issuer.

As of the date hereof, the Reporting Person beneficially owns 333,333 options to purchase shares of the Company’s Common Stock which are exercisable within the next 60 days.

As of the date hereof, the Reporting Person beneficially owns 1,923,750 shares of the Company's Common Stock, comprising 3.4% of the issued and outstanding Common Stock of the Company. The percentage used herein is calculated based upon the 56,344,460 issued and outstanding shares of Common Stock of the Company. The Reporting Person has sole voting and dispositive powers with respect to 1,923,750 shares of Common Stock which he owns.

As of the date hereof, the Reporting Person has sole voting and dispositive powers over the 4,250,000 shares of the Company’s Common Stock owned by Big Sky Energy Canada Ltd., comprising 7.5% of the issued and outstanding Common Stock of the Company. The percentage used herein is calculated based upon the 56,344,460 issued and outstanding shares of Common Stock of the Company.

On July 8, 2004, Big Sky Energy Canada Ltd. transferred 750,000 shares of the Company’s Common Stock to Kai Yang, the brother of Wei Yang and Daming Yang who is the Company’s President. Subsequent to this transaction, Big Sky Energy Canada Ltd. has 4,250,000 shares of the Company’s Common Stock.

Item 6.

Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer.

On October 21, 2002, the Reporting Person received a grant of a stock option in the amount of 500,000 shares with an exercise price of $0.05 per share. One third of the option vested upon granting with each successive third vesting on the first and second anniversary of the grant. The option expires on October 21, 2007.

On January 1, 2004, the Reporting Person and the Issuer entered into a consulting agreement under which the Reporting Person is paid a consulting fee of $5,000.00 per month for his services. The Reporting Person is the brother of Daming Yang, the Company’s President and a director. The Reporting Person sits on the board of directors of three of the Company’s subsidiaries: Big Sky Canada Ltd., Chengdu Big Sky Network Technology Services Ltd. and Sichuan Huayu Big Sky Network Ltd.

On March 10, 2004, in a written resolution of the board of Big Sky Energy Canada Ltd., the Reporting Person was given sole voting and dispositive powers of the Common Stock of the Company held by Big Sky Energy Canada Ltd.

Item 7.

Material to be Filed as Exhibits.

Exhibit	Description
1 ¹	Stock Option Agreement Number 70 between the Company and Wei Yang
2 ¹	Written consent of the board of directors of Big Sky Energy Canada Ltd. dated March 10, 2004

(1)	Previously filed on Schedule 13D on March 22, 2004

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

	July 14, 2004
	(Date)
	/s/ Thomas Milne
	(Signature)
	Thomas Milne – Attorney-in-Fact
	(Name/Title)

EX-24 2 pawyang.htm POWER OF ATTORNEY POWER OF ATTORNEY

POWER OF ATTORNEY

I, Wei Yang, hereby appoint Thomas G. Milne my attorney-in-fact to:

execute on my behalf and in my capacity as an officer and/or director of China Broadband Corp. (the "Company"), Schedule 13G and any amendments thereto (the "Form" or "Forms") in accordance with Rule 13d-1 and Rule 13d-2 of the Securities Exchange Act of 1934 and the rules thereunder, which execution may include the insertion of my typed name on the signature line of any Form;

perform any and all acts on my behalf which may be necessary or desirable to complete and execute any Form and timely file such Form with the United States Securities and Exchange Commission and any stock exchange or similar authority; and

take any other action in connection with the foregoing which, in the opinion of such attorney-in-fact, may be of benefit to, in the best interest of, or legally required by me, it being understood that the documents executed by such attorney-in-fact on my behalf pursuant to this Power of Attorney shall be in such form and shall contain such terms and conditions as such attorney-in-fact may approve in their discretion.

I grant to the attorney-in-fact full power and authority to do and perform any act necessary or proper to be done in the exercise of any of the rights and powers herein granted, as fully to all intents and purposes as I might or could do if personally present. I ratify and confirm all that such attorney-in-fact shall lawfully do by the rights and powers granted by this Power of Attorney. The attorney-in-fact shall have full power of substitution or revocation.

I acknowledge that the attorney-in-fact, in serving in such capacity at my request, is not assuming, nor is the Company assuming, any of my responsibilities to comply with Rule 13d-1 or Rule 13d-2 of the Securities Exchange Act of 1934.

This Power of Attorney shall remain in full force and effect until I am no longer required to file the Forms with respect to my holding of and transactions in securities issued by the Company, unless I earlier revoke it in writing delivered to the Office of the Corporate Secretary of the Company.

/s/ Wei Yang
Wei Yang
February 12, 2002

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