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): January 13, 2009

CHINA SUN GROUP HI-TECH CO.

 (Exact name of registrant as specified in its charter)

Delaware (State or other jurisdiction of incorporation) 333-118259 (Commission File Number) 54-2142880 (IRS Employer Identification No.)

1 Hutan Street, Zhongshan District, Dalian, People’s Republic of China   (Address of principal executive offices)   (Zip Code)

Registrant’s telephone number, including area code: (86) 411- 8289-7752

Copies to:

Benjamin Tan, Esq.

Sichenzia Ross Friedman Ference LLP

61 Broadway, 32 Floor

New York, New York 10006

Phone: (212) 930-9700

Fax: (212) 930-9725

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 230.425)

□  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))

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Item 9.01                      Financials Statements and Exhibits

(d)

Exhibit No.            Exhibit Description

99.1                      Press Release dated January 13, 2009

The information in this report, including Exhibit 99.1, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated subject to the liabilities of that section or Sections 11 and 12(a)(2) of the Securities Act of 1933, as amended (the “Securities Act”), and shall not be incorporated by reference in any registration statement or other document filed under the Securities Act or the Exchange Act, whether made before or after the date hereof, regardless of any general incorporation language in such filings, except as shall be expressly set forth by specific reference in such a filing.

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.

	CHINA SUN GROUP HIGH-TECH CO.
Dated: January 13, 2009	By:	/s/ Bin Wang
		Name:  Bin Wang
		Title:    President, Chief Executive Officer and Chairman

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EX-99.1

Exhibit 99.1

FOR IMMEDIATE RELEASE: for Management Approval

China Sun Group High-Tech Co. Reports Continued Growth in Q2 FY09

Quarterly Revenue Up 42% to $7.6 Million; Net Income Increases 145% to $1.8 Million -

LIAONING PROVINCE, China: January 13, 2009: China Sun Group High-Tech Co. (OTCBB: CSGH, "China Sun Group"), which through its wholly-owned subsidiary Dalian Xinyang High-Tech Development Co. Ltd ("DLX") has the second largest cobalt series production capacity in the People's Republic of China (“PRC”), today announced its financial results for the second fiscal quarter ended November 30, 2008. Full details are available on the Company's Quarterly Report filed on Form 10-Q with the SEC at http://www.sec.gov on January 12, 2009.

Revenue for the three months ended November 30, 2008 totaled $7,606,217, an increase of 42% from  revenue of $5,357,190 for the comparable period in 2007.  Net income for the three months ended November 30, 2008 was $1,809,975, an increase of 145% from $738,482 for the comparable period in 2007. For the second quarter of fiscal 2009, basic and diluted earnings per share were $0.03 compared to $0.01 for the comparable period in fiscal 2008, based on total issued and outstanding 53,422,971 shares of common stock.

Revenue for the six months ended November 30, 2008 was $18,593,108, an increase of 104% from revenue of $9,093,027 for the comparable period in 2007. Net income for the six months ended November 30, 2008 was $4,198,762, an increase of 204% from $1,381,675 for the comparable period in 2007. For the six months ended November 30, 2008, basic and diluted earnings per share were $0.08 compared to $0.03 for the comparable period in fiscal 2008, based on total issued and outstanding 53,422,971 shares of common stock.

Bin Wang, Chief Executive Officer of China Sun Group, said, “We are pleased to report that DLX has continued on an upward growth trend in the second fiscal quarter. While other manufacturers had been scaling down production last quarter, DLX showed continued strength and was able to fill new orders from its inventories on a  'just in time' basis.”

“In the first half of fiscal 2009, our net profits grew 204%. Despite the great challenges faced by companies in a depressed economy, DLX has forged ahead and proven its ability to capitalize on new growth opportunities emerging in China and other developing nations. We believe DLX will continue to outperform its competitors in fiscal 2009,” concluded Wang.

About China Sun Group

China Sun Group High-Tech Co., ("China Sun Group") produces anode materials used in lithium ion batteries. Through its wholly-owned operating subsidiary, Dalian Xinyang High-Tech Development Co. Ltd ("DLX"), the Company primarily produces cobaltosic oxide and lithium cobalt oxide. According to the China Battery Industry Association, DLX has the second largest cobalt series production capacity in the People's Republic of China. Through its research and development division, DLX owns a proprietary series of nanometer technologies that supply state-of-the-art components for advanced lithium ion batteries. Leveraging its state-of-the-art technology, high-quality product line and scalable production capacity, the Company plans to create a fully integrated supply chain from the primary manufacturing of cobalt ore to finished products, including lithium ion batteries. For more information, visit http://www.china-sun.cn.

Safe Harbor Statement

The statements contained herein that are not historical facts are considered "forward-looking statements." Such forward-looking statements may be identified by, among other things, the use of forward-looking terminology such as "believes," "expects," "may," "will," "should," or "anticipates" or the negative thereof or other variations thereon or comparable terminology, or by discussions of strategy that involve risks and uncertainties. In particular, statements regarding the potential growth of the markets are examples of such forward-looking statements. The forward-looking statements include risks and uncertainties, including, but not limited to, the effect of political, economic, and market conditions and geopolitical events; legislative and regulatory changes that affect our business; the availability of funds and working capital; the actions and initiatives of current and potential competitors; investor sentiment; and our reputation. We do not undertake any responsibility to publicly release any revisions to these forward-looking statements to take into account events or circumstances that occur after the date of this report. Additionally, we do not undertake any responsibility to update you on the occurrence of any unanticipated events, which may cause actual results to differ from those expressed or implied by any forward-looking statements. The factors discussed herein are expressed from time to time in our filings with the Securities and Exchange Commission available at http://www.sec.gov.

     Contact:

      China Sun Group

      Thomas Yang

      Assistant to the President

      Tel: 917-432-9350 (U.S.) or

      86 411 8289-7752 (China)

      Fax: 86 411 8289-2739

      e-mail: yang_xianfu@yahoo.com.cn