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): July 21, 2008

CHINA WIND SYSTEMS, INC.

(Exact name of registrant as specified in Charter)

Delaware	33-16335	74-2235008
(State or other jurisdiction of incorporation or organization)	(Commission File No.)	(IRS Employee Identification No.)

No. 9 Yanyu Middle Road

Qianzhou Village, Huishan District, Wuxi City

Jiangsu Province, People’s Republic of China

(Address of Principal Executive Offices)

(86) 51083397559

(Registrant’s Telephone number)

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):

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

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

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

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

Item 7.01 Regulation FD Disclosure

On July 21, 2008, China Wind Systems, Inc. (“the Company”) announced earnings guidance for the second quarter ended June 30, 2008 and the fiscal year ended December 31, 2008. A copy of the Company’s press release announcing the guidance is attached hereto as Exhibit 99.1.

On July 21, 2008, the Company began a road show and will conduct oral presentations to institutional investors to provide a general introduction to the company, its business and operations. A copy of the presentation materials displayed in connection with the oral presentations is attached hereto as Exhibit 99.2 and incorporated herein by reference.

The information in this current report, including the presentation attached hereto as Exhibits 99.1 and 99.2, is being furnished pursuant to Item 7.01 and shall not be deemed "filed" for the purposes of Section 18 of the Securities and Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that Section. The information in the Current Report shall not be incorporated by reference into any of the Company's filings pursuant to the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended, whether made before or after the date hereof and regardless of any general incorporation language in such filings, except to the extent expressly set forth by specific reference in such a filing.

Item 9.01Financial Statements and Exhibits

(d)	Exhibits.
99.1	Press release issued by China Wind Systems, Inc.
99.2	Presentation materials of China Wind Systems, Inc.

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 hereunto duly authorized.

Date: July 21, 2008	China Wind Systems, Inc.
	By:	/s/ Jianhua Wu
		Jianhua Wu
		Chief Executive Officer

EX-99.1

Company Contact:	Investor Relations Contact:
Mr. Jay Wang	Mr. Crocker Coulson
Senior Vice President of Finance	President
China Wind Systems, Inc.	CCG Investor Relations
Tel: +1-917-838-5277	Tel: +1-646-213-1915 (NY Office)
E-mail: jay.wang@chinawindsystems.com	E-mail: crocker.coulson@ccgir.com
Website: www.chinawindsystems.com	Website: www.ccgir.com

FOR IMMEDIATE RELEASE

China Wind Systems, Inc. Issues Guidance for Second Quarter and Full Year 2008

Strong growth in Q2 revenues and net income driven by demand for wind power components and legacy business performance

Wuxi, Jiangsu Province, China, - July 21, 2008 - China Wind Systems, Inc. (OTC Bulletin Board: CWSI.OB) (“China Wind Systems” or the “Company”), which through its wholly owned subsidiaries and affiliates manufactures and sells industrial equipment for use in the textile and energy related industries and high precision components for the wind power industry in the People’s Republic of China, today announced preliminary results for the second quarter ended, June 30, 2008 and guidance for the fiscal year ended December 31, 2008.

Second Quarter Preliminary Results

China Wind Systems is expected to report revenue for the second quarter of 2008 in the range of $10.9 million to $11.2 million, an increase of approximately 143.3% to 150.1% from $4.5 million in revenues from the comparable period in the prior year.. Management attributes the strong sales to sales generated from the wind energy business, consisting of the sale of forged rolled rings, as well as to the continued strong sales achieved from its legacy businesses. For the quarter ended June 2008, sales of forged rolled rings to the wind industries are expected to contribute approximately 35% of the Electrical Power Equipment business and 14.4% of total revenues as compared to an insignificant amount in the 2007 period. Net income is expected to range between $1.5 million and $1.7 million, an increase of approximately 115.9% to 140.7%, compared to $0.71 million in net income generated from the year ago period. This translates to an EPS of approximately $0.023 to $0.026, based on fully diluted share count of 65.7 million shares. These results are preliminary and subject or revision based up review by the Company’s auditor.

FY 2008 Results

For the year ended December 31, 2008, the Company expects to report revenues of approximately $40 million and net income of approximately $7 million. The guidance reflects the expectation that the Company’s new large scale facility to manufacture high precision components for the wind energy industry will begin to contribute to results in the fourth quarter of fiscal 2008.

“We remain quite optimistic about achieving our long-term goal in becoming a leading provider of wind energy components in China. The planned rapid growth in wind generation capacity in China is creating strong demand for precision components such as forged rolled rings and shafts for use in the next generation of large scale windmills,” said Mr. Jianhua Wu, CEO of China Wind Systems, “We expect the pace of our involvement in the wind energy industry to increase dramatically over the course of the next few years, as we gain move into manufacturing critical wind components such as gear boxes and yaw bearings.”

Corporate Presentation Available

In conjunction with planned meetings with the U.S. investment community this week, China Wind Systems has made its corporate presentation available to interested investors at http://www.chinawindsystems.cn/corporate-presentation.html

About China Wind Systems, Inc.

China Wind Systems, through its affiliates, Huayang Dye Machine and Huayang Electrical Power Equipment, manufactures and sells industrial equipment for use in the textile and energy related industries in China. Since August 2007, the Company has shifted its strategy to focus on the growing wind energy industry in China, and has begun to supply high precision rolled rings to companies in the wind power energy industry.

Safe Harbor Statement

This release contains certain "forward-looking statements" relating to the business of the Company and its subsidiary companies. These forward looking statements are often identified by the use of forward-looking terminology such as "believes, expects" or similar expressions. Such forward looking statements involve known and unknown risks and uncertainties that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company’s actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company’s periodic reports that are filed with the Securities and Exchange Commission and available on its website (www.sec.gov). All forward-looking statements attributable the Company or to persons acting on its behalf are expressly qualified in their entirety by these factors other than as required under the securities laws. The Company does not assume a duty to update these forward-looking statements.

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EX-99.2