8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d)

OF THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of Earliest Event Reported): November 9, 2009

Wonder Auto Technology, Inc.

 (Exact name of registrant as specified in its charter)

Nevada	0-50883	88-0495105
(State of Incorporation)	(Commission File No.)	(IRS Employer ID No.)

No. 16 Yulu Street

Taihe District, Jinzhou City, Liaoning Province

People’s Republic of China, 121013

(Address of Principal Executive Offices)

(86) 416-2661186

Registrant’s Telephone Number, Including Area Code:

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT

On November 4, 2009, Wonder Auto Technology, Inc.’s subsidiary Jinzhou Halla Electrical Equipment Co., Ltd. (“Jinzhou Halla”) entered into a joint venture agreement (the “Agreement”) with Korea Teawon Dianzhuang Corporation, a Korean company (“Teawon Dianzhuang”) pursuant to which the parties have agreed to establish a joint venture company named “Jinzhou Wonder Teawon Co., Ltd.”(“Wonder Teawon”) on or about December 1, 2009. Wonder Teawon will primarily engage in the manufacture of solenoid switches for automotive starter, alternator collector rings, starter commutators and other automobile parts.  

Under the Agreement, Jinzhou Halla will make cash contribution of $2,000,000 in exchange for 75% of the equity interest in Wonder Teawon. Teawon Dianzhuang will contribute technologies in exchange for 25% of the equity interest in Wonder Teawon.

The description of the Agreement in this current report is a summary only and is qualified in its entirety by the terms of the Agreement, an English summary of which is attached hereto as exhibit 10.1 and is hereby incorporated by reference.

ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS

 (d)         Exhibits.

Number	Description
10.1	English Summary of Joint Venture Agreement, dated November 4, 2009, by and betweenJinzhou Halla Electrical Equipment Co., Ltd. and Korea Teawon Dianzhuang Corporation.

SIGNATURES

Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Wonder Auto Technology, Inc.

Date: November 9, 2009

/s/ Qingjie Zhao

Chief Executive Officer and President

EXHIBIT INDEX

Exhibit Number	Description of Exhibit
10.1	English Summary of Joint Venture Agreement, dated November 4, 2009, by and betweenJinzhou Halla Electrical Equipment Co., Ltd. and Korea Teawon Dianzhuang Corporation.

EX-10.1

EXHIBIT 10.1

English Summary

Of

Joint Venture Agreement

Whereas, Jinzhou Halla Electrical Equipment Co., Ltd. is a corporation established under the laws of People’s Republic of China (“Party A” or “Jinzhou Halla”);

Whereas, Korea Teawon Dianzhuang Corporation is a corporation established under the law of the Republic of Korea; (“Party B” or “Teawon Dianzhuang”) and

Whereas, Jinzhou Halla desires to make an investment to establish a joint venture company to manufacture magnet switch for starter and Teawon Dianzhuang desires to provide technology to establish a joint venture company to manufacture magnet switch for starter.

Now, therefore, the parties enter into the following agreements on November 4, 2009 at Jinzhou, Liaoning.

1.      Location of the Joint Venture Company: Automobile Parts Industrial Park, Xihai Development District, Jinzhou, Liaoning, China.

2.      Name of the Joint Venture Company: Jinzhou Wonder Teawon Co. Ltd.

3.      Main Products of the Joint Venture Company: solenoid switches for automotive starter, alternator collector rings, starter commutators and other automobile parts.

4.      Responsibility of Joint Venture Partners:

- Jinzhou Halla: registration of the joint venture company, operation, production, sales and development of parts.

- Teawon Dianzhuang: provide necessary technology and support and, if invited by the joint venture company, provide technology personnel to station at the joint venture company.

5.      Capital Structure of the Joint Venture Company:

- Total investment is U.S.$2,000,000

- Jinzhou Halla will provide cash contribution of U.S.$2,000,000 and hold 75% of the equity interest of the joint venture company; Teawon Dianzhuang will contribute technology and hold 25% o the equity interest in the joint venture company.

6.      Scope of Technology to be provided by Teawon Dianzhuang:

- provide the design for production line, drawing, DFMEA, PFMEA, control plan, etc. for the production of magnet S/W, slip ring and commutator

- installation and inspection support

- production and service support

- quality control support

- responsible for the training and related costs for manufacturing workers (48) for 6 months

7.      Time for Establishing the Joint Venture Company: tentatively to be December 1, 2009.

8.      Compensation for Personnel from Teawon Dianzhuang:

- Roundtrip airline tickets

- Accommodation at Jinzhou

- If stationed at the joint venture company for more than 3 months, responsible for 50% of the monthly salary of such personnel (using the standard of Korean Dollar 50,000,000 per year)

9.      Execution Date of the Agreement: November 4, 2009.

Jinzhou Halla Electrical Equipment Co., Ltd.	Korea Teawon Dianzhuang Corporation
/s/ Yongdong Liu	/s/ Huangzhong Xu