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): September 15, 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) 510-8338-6339

(Registrant’s Telephone number)

Copies to:

Asher S. Levitsky PC

Sichenzia Ross Friedman Ference LLP

61 Broadway, 32^nd Floor

New York, New York 10006

Phone: (212) 981-6767

Fax: (212) 930 - 9725

E-mail: alevitsky@srff.com

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 September 15, 2008, China Wind Systems, Inc., a Delaware corporation (the “Company”), provided updated earnings guidance for the fiscal year ended December 31, 2008. A copy of the press release is being filed as Exhibit 99.1 to this Form 8-K and is incorporated herein by reference in its entirety. The Company has also updated a business presentation it will present to various investors to reflect the updated guidance. A copy of the PowerPoint presentation is attached hereto as Exhibit 99.2.

On September 17, 2008, the Company announced that Barron Partners LP, the Company's lead investor, agreed to eliminate the provisions of the securities purchase agreement that provided for the delivery of shares held in escrow and a reduction in the warrant exercise price if certain levels of pre-tax income were not reached. A copy of the agreement, which is dated September 12, 2008 but was executed by Barron Partners on September 16, 2008, is provided as Exhibit 99.3 to this Form 8-K hereto. A copy of the press release announcing the waiver is being filed as Exhibit 99.4 to this Form 8-K and is incorporated herein by reference in its entirety.

In accordance with General Instruction B.2 of Form 8-K, the information in Item 7.01 of this Current Report on Form 8-K, including Exhibits 99.1, 99.2, 99.3 and 99.4 shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, and shall not be deemed to be incorporated by reference into any of the Company’s filings under 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 dated September 15, 2008.
99.2	PowerPoint presentation dated September 16, 2008.
99.3	Agreement dated September 12, 2008, by and among the Company and certain Investors.
99.4	Press release dated September 17, 2008.

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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.

	China Wind Systems, Inc.
Date: September 23, 2008	By:	/s/ Adam Wasserman
		Adam Wasserman Chief Financial Officer

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EX-99.1

Exhibit 99.1

Press Release Source: China Wind Systems, Inc.

China Wind Systems, Inc. Raises Revenue Guidance for Full Year 2008

Monday September 15, 1:19 pm ET

WUXI, Jiangsu Province, China, Sept. 15 /Xinhua-PRNewswire/ -- China Wind Systems, Inc. (OTC Bulletin Board: CWSI - News; "China Wind Systems" or the "Company"), which supplies forged rolled rings to the wind power and other industries and industrial equipment to the textile and energy industries in China, today raised its revenue guidance to $45 million for the fiscal year ended December 31, 2008, compared with earlier guidance of $40 million. The Company also expects its net income for the year to exceed $7 million.

The Company's guidance reflects the anticipated strong sales from its forged products for the wind energy industry and other industries in the fourth quarter of 2008.

"Given the growth in demand for wind power turbines and the shortage of suppliers able to deliver the high precision components required by the industry, we continue to experience a very high degree of interest in our products. As we roll out our phase I expansion to produce forged products including rolled rings, shafts, gear rims and flanges in October 2008, we expect to ramp up production levels quickly," commented Mr. Jianhua Wu, Chairman and CEO of China Wind Systems, Inc. "We remain confident about our long-term outlook and that China Wind Systems will be able to execute its business plan to become a leading wind power component manufacturer."

About China Wind Systems, Inc.

China Wind Systems supplies forged rolled rings to the wind power and other industries and industrial equipment to the textile and energy industries in China. With its newly finished state-of-the-art production facility, the Company is expected soon to significantly increase its shipment of high- precision rolled rings and other essential components primarily to the wind power and other industries. For more information on the Company, visit http://www.chinawindsystems.com. Information on the Company's Web site or any other Web site does not constitute a portion of this release.

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.

Company Contact:	Investor Relations Contact:
Mr. Leo Wang	Mr. Crocker Coulson
Senior Vice President, Finance	President
China Wind Systems, Inc.	CCG Investor Relations
Tel: +1-917-455-7735	Tel: +1-646-213-1915 (NY Office)
E-mail: leo.wang@chinawindsystems.com	E-mail: crocker.coulson@ccgir.com
Website: www.chinawindsystems.com	Website: www.ccgir.com

EX-99.2

EX-99.4

Exhibit 99.4

Press Release Source: China Wind Systems, Inc.

Barron Partners LP Waives China Wind Systems' Conversion Rate Adjustment of Make Good Agreement

Wednesday September 17, 8:00 am ET

WUXI, Jiangsu, China, Sept. 17 /Xinhua-PRNewswire-FirstCall/ -- China Wind Systems, Inc. (OTC Bulletin Board: CWSI - News; "China Wind Systems" or the "Company"), which supplies forged rolled rings to the wind power and other industries and industrial equipment to the textile and energy industries in China, today announced that on September 12, 2008, Barron Partners LP ("Barron Partners"), the Company's lead investor, agreed to eliminate the provisions of the securities purchase agreement that provided for the delivery of shares held in escrow and a reduction in the warrant exercise price if certain levels of pre-tax income were not reached. Pursuant to this agreement, 14,787,135 shares of Series A preferred stock of the 24,787,135 shares held in an escrow account shall be returned to the Company, with the remaining 10,000,000 reserved to cover potential tax liabilities for 2007 and 2008.

About China Wind Systems, Inc.

China Wind Systems supplies forged rolled rings to the wind power and other industries and industrial equipment to the textile and energy industries in China. With its newly finished state-of-the-art production facility, the Company is expected soon to significantly increase its shipment of high-precision rolled rings and other essential components primarily to the wind power and other industries. For more information on the Company, visit http://www.chinawindsystems.com . Information on the Company's Web site or any other Web site does not constitute a portion of this release.

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 to 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.

For more information, please contact:

Company Contact:

Mr. Leo Wang

Vice President, Finance

China Wind Systems, Inc.

Tel: +1-917-455-7735

Email: leo.wang@chinawindsystems.com

Web: http://www.chinawindsystems.com

Investor Relations Contact:

Mr. Crocker Coulson

President

CCG Investor Relations

Tel: +1-646-213-1915 (NY office)

Email: crocker.coulson@ccgir.com

Web: http://www.ccgir.com

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