0000876661-12-000262.txt : 20120605 0000876661-12-000262.hdr.sgml : 20120605 20120605155814 ACCESSION NUMBER: 0000876661-12-000262 CONFORMED SUBMISSION TYPE: 25-NSE PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20120605 DATE AS OF CHANGE: 20120605 EFFECTIVENESS DATE: 20120605 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: DUOYUAN GLOBAL WATER INC. CENTRAL INDEX KEY: 0001465317 STANDARD INDUSTRIAL CLASSIFICATION: SPECIAL INDUSTRY MACHINERY (NO METALWORKING MACHINERY) [3550] IRS NUMBER: 000000000 STATE OF INCORPORATION: D8 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 25-NSE SEC ACT: 1934 Act SEC FILE NUMBER: 001-34380 FILM NUMBER: 12889092 BUSINESS ADDRESS: STREET 1: NO. 3 JINYUAN ROAD STREET 2: DAXING INDUSTRIAL DEVELOPMENT ZONE CITY: BEIJING STATE: F4 ZIP: 102600 BUSINESS PHONE: 8610-6021-2222 MAIL ADDRESS: STREET 1: NO. 3 JINYUAN ROAD STREET 2: DAXING INDUSTRIAL DEVELOPMENT ZONE CITY: BEIJING STATE: F4 ZIP: 102600 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: NEW YORK STOCK EXCHANGE LLC CENTRAL INDEX KEY: 0000876661 IRS NUMBER: 000000000 STATE OF INCORPORATION: NY FILING VALUES: FORM TYPE: 25-NSE BUSINESS ADDRESS: STREET 1: 11 WALL STREET CITY: NEW YORK STATE: NY ZIP: 10005 BUSINESS PHONE: 212-656-2060 MAIL ADDRESS: STREET 1: 11 WALL STREET CITY: NEW YORK STATE: NY ZIP: 10005 FORMER COMPANY: FORMER CONFORMED NAME: NEW YORK STOCK EXCHANGE INC DATE OF NAME CHANGE: 19910628 25-NSE 1 primary_doc.xml X0203 0000876661 NEW YORK STOCK EXCHANGE LLC 1465317 DUOYUAN GLOBAL WATER INC. 001-34380
No. 3 Jinyuan Road Daxing Industrial Development Zone 102600
86-10-6021-2222
American Depositary Shares, each Representing two Ordinary Shares 17 CFR 240.12d2-2(b) Edwin Mecabe Director 2012-06-05
EX-99.25 2 dgw99.txt NOTIFICATION OF THE REMOVAL FROM LISTING AND REGISTRATION OF THE STATED SECURITIES New York Stock Exchange LLC (the 'Exchange' or the 'NYSE') hereby notifies the Securities and Exchange Commission (the 'Commission') of its intention to remove the entire class of American Depositary Shares ('ADSs'), each representing two Ordinary Shares of Duoyuan Global Water Inc. (the 'Company') from listing and registration on the Exchange at the opening of business on June 18, 2012, pursuant to the provisions of Rule 12d2-2 (b), because, in the opinion of the Exchange, the ADSs are no longer suitable for continued listing and trading on the Exchange. The Exchange is taking this action because the Company failed to file with the Commission by the applicable due date its annual report on Form 20-F for the year ended December 31, 2010. The Company's stated reason for its failure to timely file its Form 20-F was its ongoing conduct of an internal investigation into its accounting, corporate governance and business practices. The Company still has not completed that internal investigation, and it still has not filed its annual report. Section 802.01E of the Exchange's Listed Company Manual provides an initial six-month compliance period for an issuer unable to file its annual report when due. The Company failed to file its annual report within this initial six-month compliance period provided by the rule. The Rule also authorizes the Exchange, within its discretion, to grant a second compliance period not to exceed six months if the company provides information sufficient to support a conclusion that the annual report is likely to be filed within this additional compliance period. The Company requested an additional discretionary six-month compliance period until June 30, 2012. However, NYSE staff concluded that the Company did not provide sufficient information to support a conclusion that the Company would be in a position to file its report by June 30, 2012, other than its projection in its request for review that it would complete its investigation by March 31, 2012 and have its auditors complete their work in time for a June 30, 2012 filing. Consequently, the NYSE commenced delisting proceedings against the Company. A press release was issued on January 25, 2012, and an announcement was made on the 'ticker' of the Exchange at the close of the trading session on January 25, 2012 of the suspension and delisting of the ADSs. Similar information was included on the Exchange's website. Trading in the ADSs on the Exchange was suspended at the close of the trading session on January 25, 2011. On February 8, 2012, the Exchange received a letter from the Company to request a hearing before the Committee for Review (the 'Committee') of the Board of Directors of NYSE Regulation concerning the Staff's determination, in accordance with Section 804.00 of the Exchange's Listed Company Manual. Subsequently, the Company waived its right to submit a brief in support of its appeal and also waived its right to appear and make an oral presentation at the May 17, 2012 hearing the Committee had scheduled for the appeal. On May 31, 2012, the Committee issued a decision that affirmed the determination of the Staff of NYSE Regulation to delist the ADSs of the Company. Accordingly, the Exchange, having complied with all of its procedures, is authorized to file this application in accordance with Section 12 of the Securities Exchange Act of 1934 and the rules promulgated thereunder.