SC 13G 1 p10-1635sc13g.htm WONDER AUTO TECHNOLOGY, INC. p10-1635sc13g.htm


SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
 
SCHEDULE 13G*
(Rule 13d-102)
 
 
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULES 13d-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED
PURSUANT TO 13d-2(b)
 
(Amendment No.   )*
 
Wonder Auto Technology, Inc.
(Name of Issuer)
 
Common Stock, par value $0.001 per share
(Title of Class of Securities)
 
978166106
(CUSIP Number)
 
August 9, 2010
(Date of event which requires filing of this statement)
 
 
Check the appropriate box to designate the rule pursuant to which this Schedule 13G is filed:
 
¨
Rule 13d-1(b)
x
Rule 13d-1(c)
¨
Rule 13d-1(d)
 
(Page 1 of 16 Pages)

______________________________
*The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.
 
The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
 

 
 

 
CUSIP No.  978166106
 
13G
Page 2 of 16 Pages



     
1
NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Ardsley Partners Fund II, L.P.
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP**
(a) x
(b) ¨
3
SEC USE ONLY
4
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
5
SOLE VOTING POWER
-0-
6
SHARED VOTING POWER
713,900
7
SOLE DISPOSITIVE POWER
-0-
8
SHARED DISPOSITIVE POWER
713,900
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
713,900
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES**
¨
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
2.11%
12
TYPE OF REPORTING PERSON**
PN

** SEE INSTRUCTIONS BEFORE FILLING OUT!
 

 
 

 
CUSIP No.  978166106
 
13G
Page 3 of 16 Pages



     
1
NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Ardsley Partners Institutional Fund, L.P.
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP**
(a) x
(b) ¨
3
SEC USE ONLY
4
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
5
SOLE VOTING POWER
-0-
6
SHARED VOTING POWER
571,900
7
SOLE DISPOSITIVE POWER
-0-
8
SHARED DISPOSITIVE POWER
571,900
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
571,900
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES**
¨
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
1.69%
12
TYPE OF REPORTING PERSON**
PN

** SEE INSTRUCTIONS BEFORE FILLING OUT!
 

 


 
 

 
CUSIP No.  978166106
 
13G
Page 4 of 16 Pages



     
1
NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Ardsley Offshore Fund Ltd.
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP**
(a) x
(b) ¨
3
SEC USE ONLY
4
CITIZENSHIP OR PLACE OF ORGANIZATION
British Virgin Islands
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
5
SOLE VOTING POWER
-0-
6
SHARED VOTING POWER
91,400
7
SOLE DISPOSITIVE POWER
-0-
8
SHARED DISPOSITIVE POWER
91,400
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
91,400
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES**
¨
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0.27%
12
TYPE OF REPORTING PERSON**
CO

** SEE INSTRUCTIONS BEFORE FILLING OUT!

 
 

 
CUSIP No.  978166106
 
13G
Page 5 of 16 Pages



     
1
NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Ardsley Partners Renewable Energy Fund, L.P.
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP**
(a) x
(b) ¨
3
SEC USE ONLY
4
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
5
SOLE VOTING POWER
-0-
6
SHARED VOTING POWER
123,200
7
SOLE DISPOSITIVE POWER
-0-
8
SHARED DISPOSITIVE POWER
123,200
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
123,200
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES**
¨
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0.36%
12
TYPE OF REPORTING PERSON**
PN

** SEE INSTRUCTIONS BEFORE FILLING OUT!


 
 

 
CUSIP No.  978166106
 
13G
Page 6 of 16 Pages



     
1
NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Ardsley Partners Renewable Offshore Fund, Ltd.
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP**
(a) x
(b) ¨
3
SEC USE ONLY
4
CITIZENSHIP OR PLACE OF ORGANIZATION
British Virgin Islands
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
5
SOLE VOTING POWER
-0-
6
SHARED VOTING POWER
49,000
7
SOLE DISPOSITIVE POWER
-0-
8
SHARED DISPOSITIVE POWER
49,000
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
49,000
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES**
¨
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0.14%
12
TYPE OF REPORTING PERSON**
CO

** SEE INSTRUCTIONS BEFORE FILLING OUT!


 
 

 
CUSIP No.  978166106
 
13G
Page 7 of 16 Pages



     
1
NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Ardsley Advisory Partners
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP**
(a) x
(b) ¨
3
SEC USE ONLY
4
CITIZENSHIP OR PLACE OF ORGANIZATION
Connecticut
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
5
SOLE VOTING POWER
-0-
6
SHARED VOTING POWER
1,600,000
7
SOLE DISPOSITIVE POWER
-0-
8
SHARED DISPOSITIVE POWER
1,600,000
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,600,000
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES**
¨
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
4.73%
12
TYPE OF REPORTING PERSON**
PN; IA

** SEE INSTRUCTIONS BEFORE FILLING OUT!


 
 

 
CUSIP No.  978166106
 
13G
Page 8 of 16 Pages




     
1
NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Ardsley Partners I
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP**
(a) x
(b) ¨
3
SEC USE ONLY
4
CITIZENSHIP OR PLACE OF ORGANIZATION
Connecticut
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
5
SOLE VOTING POWER
-0-
6
SHARED VOTING POWER
1,409,000
7
SOLE DISPOSITIVE POWER
-0-
8
SHARED DISPOSITIVE POWER
1,409,000
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,409,000
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES**
¨
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
4.16%
12
TYPE OF REPORTING PERSON**
PN

** SEE INSTRUCTIONS BEFORE FILLING OUT!


 
 

 
CUSIP No.  978166106
 
13G
Page 9 of 16 Pages




     
1
NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Philip J. Hempleman
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP**
(a) x
(b) ¨
3
SEC USE ONLY
4
CITIZENSHIP OR PLACE OF ORGANIZATION
United States
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
5
SOLE VOTING POWER
-0-
6
SHARED VOTING POWER
1,750,000
7
SOLE DISPOSITIVE POWER
-0-
8
SHARED DISPOSITIVE POWER
1,750,000
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,750,000
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES**
¨
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.17%
12
TYPE OF REPORTING PERSON**
IN

** SEE INSTRUCTIONS BEFORE FILLING OUT!



 
 

 
CUSIP No.  978166106
 
13G
Page 10 of 16 Pages



Item 1 (a).
NAME OF ISSUER.
   
 
The The name of the issuer is Wonder Auto Technology, Inc. (the "Company").

Item 1(b).
ADDRESS OF ISSUER’S PRINCIPAL EXECUTIVE OFFICES:
   
 
No. 16 Yulu Street, Taihe District, Jinzhou City, Liaoning, People’s Republic of China, 121013

Item 2 (a).
NAME OF PERSON FILING:

This statement is filed by:
 
 
(i)
Ardsley Partners Fund II, L.P., a Delaware limited partnership ("AP II"), with respect to the shares of Common Stock, par value $0.001 per share ("Common Stock") directly owned by it;
 
 
(ii)
Ardsley Partners Institutional Fund, L.P., a Delaware limited partnership ("Ardsley Institutional"), with respect to the shares of Common Stock directly owned by it;
 
 
(iii)
Ardsley Offshore Fund Ltd., a British Virgin Islands corporation ("Ardsley Offshore"), with respect to the shares of Common Stock directly owned by it;
 
 
(iv)
Ardsley Partners Renewable Energy Fund, L.P., a Delaware limited partnership ("Ardsley Energy"), with respect to the shares of Common Stock directly owned by it;
 
 
(v)
Ardsley Renewable Energy Offshore Fund, Ltd., a British Virgin Islands Corporation ("Ardsley Energy Offshore"), with respect to the shares of Common Stock directly owned by it;
 
 
(vi)
Ardsley Advisory Partners, a New York general partnership ("Ardsley") which serves as Investment Manager of Ardsley Offshore and Ardsley Energy Offshore and as Investment Adviser of AP II, Ardsley Institutional, Ardsley Energy and certain managed accounts, with respect to the shares of Common Stock directly owned by Ardsley Offshore, Ardsley Energy Offshore, AP II, Ardsley Institutional, Ardsley Energy and the certain managed accounts;
 
 
(vii)
Ardsley Partners I, a New York general partnership ("Ardsley Partners") which serves as General Partner of AP II, Ardsley Institutional and Ardsley Energy; and
 
 
(viii)
Philip J. Hempleman ("Mr. Hempleman"), the Managing Partner of Ardsley and Ardsley Partners, with respect to the shares of Common Stock owned by AP II, Ardsley Institutional, Ardsley Energy, Ardsley Offshore, Ardsley Energy Offshore and the managed accounts and with respect to the shares of Common Stock owned by certain accounts managed by him directly.
 
The foregoing persons are hereinafter sometimes collectively referred to as the "Reporting Persons."  Any disclosures herein with respect to persons other than the Reporting Persons are made on information and belief after making inquiry to the appropriate party.

 
 

 
CUSIP No.  978166106
 
13G
Page 11 of 16 Pages



Item 2(b).
ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:

The address of the business office of each of the Reporting Persons, with the exception of Ardsley Offshore and Ardsley Energy Offshore is 262 Harbor Drive, Stamford, Connecticut 06902.
 
The address of the registered office of Ardsley Offshore and Ardsley Energy Offshore is Romasco Place, Wickhams Cay 1, Roadtown Tortola, British Virgin Islands.
 

Item 2(c).
CITIZENSHIP:

AP II, Ardsley Institutional and Ardsley Energy are Delaware limited partnerships.  Ardsley Offshore and Ardsley Energy Offshore are British Virgin Islands corporations.  Ardsley and Ardsley Partners are New York general partnerships.  Mr. Hempleman is a United States Citizen.

Item 2(d).
TITLE OF CLASS OF SECURITIES:
   
 
Common Stock, par value $0.001 per share

Item 2(e).
CUSIP NUMBER:
   
 
978166106

Item 3.
IF THIS STATEMENT IS FILED PURSUANT TO RULES 13d-1(b) OR 13d-2(b) OR (c), CHECK WHETHER THE PERSON FILING IS A:

(a)
¨
Broker or dealer registered under Section 15 of the Act
(b)
¨
Bank as defined in Section 3(a)(6) of the Act
(c)
¨
Insurance Company as defined in Section 3(a)(19) of the Act
(d)
¨
Investment Company registered under Section 8 of the Investment Company Act of 1940
(e)
¨
Investment Adviser registered under Section 203 of the Investment Advisers Act of 1940
(f)
¨
Employee Benefit Plan, Pension Fund which is subject to the provisions of the Employee Retirement Income Security Act of 1974 or Endowment Fund; see Rule 13d-(b)(1)(ii)(F)
(g)
¨
Parent Holding Company, in accordance with Rule 13d-1(b)(ii)(G); see item 7
(h)
¨
Group, in accordance with Rule 13d-1(b)(1)(ii)(H)

If this statement is filed pursuant to Rule 13d-1(c), check this box:  x

 
 

 
CUSIP No.  978166106
 
13G
Page 12 of 16 Pages

 
Item 4.
OWNERSHIP.

A.
Ardsley Partners Fund II, L.P.
   
(a)
Amount beneficially owned:  713,900
   
(b)
Percent of class: 2.11%.  (The percentages used herein and in the rest of Item 4 are calculated based upon the 33,859,994 shares of Common Stock issued and outstanding as per the Company's Form 10-Q as of August 6, 2010, as filed with the Securities and Exchange Commission on August 9, 2010.)
   
(c)
(i)
Sole Power to vote or direct the vote: -0-
     
(ii)
Shared power to vote or direct the vote: 713,900
     
(iii)
Sole power to dispose or direct the disposition: -0-
     
(iv)
Shared power to dispose or direct the disposition: 713,900

B.
Ardsley Partners Institutional Fund, L.P.
   
(a)
Amount beneficially owned:  571,900
   
(b)
Percent of class: 1.69%
   
(c)
(i)
Sole Power to vote or direct the vote: -0-
     
(ii)
Shared power to vote or direct the vote: 571,900
     
(iii)
Sole power to dispose or direct the disposition: -0-
     
(iv)
Shared power to dispose or direct the disposition: 571,900

C.
Ardsley Offshore Fund Ltd.
   
(a)
Amount beneficially owned:  91,400
   
(b)
Percent of class: 0.27%
   
(c)
(i)
Sole Power to vote or direct the vote: -0-
     
(ii)
Shared power to vote or direct the vote: 91,400
     
(iii)
Sole power to dispose or direct the disposition: -0-
     
(iv)
Shared power to dispose or direct the disposition: 91,400

D.
Ardsley Partners Renewable Energy Fund, L.P.
   
(a)
Amount beneficially owned:  123,200
   
(b)
Percent of class: 0.36%
   
(c)
(i)
Sole Power to vote or direct the vote: -0-
     
(ii)
Shared power to vote or direct the vote: 123,200
     
(iii)
Sole power to dispose or direct the disposition: -0-
     
(iv)
Shared power to dispose or direct the disposition: 123,200

E.
Ardsley Renewable Energy Offshore Fund, Ltd.
   
(a)
Amount beneficially owned:  49,000
   
(b)
Percent of class: 0.14%
   
(c)
(i)
Sole Power to vote or direct the vote: -0-
     
(ii)
Shared power to vote or direct the vote: 49,000
     
(iii)
Sole power to dispose or direct the disposition: -0-
     
(iv)
Shared power to dispose or direct the disposition: 49,000


 
 

 
CUSIP No.  978166106
 
13G
Page 13 of 16 Pages


F.
Ardsley Advisory Partners
   
(a)
Amount beneficially owned:  1,600,000
   
(b)
Percent of class: 4.73%
   
(c)
(i)
Sole Power to vote or direct the vote: -0-
     
(ii)
Shared power to vote or direct the vote: 1,600,000
     
(iii)
Sole power to dispose or direct the disposition: -0-
     
(iv)
Shared power to dispose or direct the disposition: 1,600,000

G.
Ardsley Partners I
   
(a)
Amount beneficially owned:  1,409,000
   
(b)
Percent of class: 4.16%
   
(c)
(i)
Sole Power to vote or direct the vote: -0-
     
(ii)
Shared power to vote or direct the vote: 1,409,000
     
(iii)
Sole power to dispose or direct the disposition: -0-
     
(iv)
Shared power to dispose or direct the disposition: 1,409,000

H.
Philip J. Hempleman
   
(a)
Amount beneficially owned:  1,750,000
   
(b)
Percent of class: 5.17%
   
(c)
(i)
Sole Power to vote or direct the vote: -0-
     
(ii)
Shared power to vote or direct the vote: 1,750,000
     
(iii)
Sole power to dispose or direct the disposition: -0-
     
(iv)
Shared power to dispose or direct the disposition: 1,750,000

Item 5.
OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.
   
 
Not  applicable.

Item 6.
OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON.
   
 
Ardsley, the Investment Manager of Ardsley Offshore, Ardsley Energy Offshore and the Investment Adviser of certain managed accounts, has the power to vote and direct the disposition of the proceeds from the sale of the shares of Common Stock owned by Ardsley Offshore, Ardsley Energy Offshore and the managed accounts, and accordingly may be deemed the direct "beneficial owner" of such shares of Common Stock.
 
Ardsley, the Investment Adviser of AP II, Ardsley Institutional and Ardsley Energy shares the power to vote and direct the disposition of the proceeds from the sale of the shares of Common Stock owned by AP II, Ardsley Institutional, and Ardsley Energy and, accordingly, may be deemed the direct "beneficial owner" of such shares of Common Stock.
 
Ardsley Partners, the General Partner of AP II, Ardsley Institutional and Ardsley Energy, shares the power to vote and direct the disposition of the shares of Common Stock owned by AP II, Ardsley Institutional and Ardsley Energy and, accordingly, may be deemed the direct "beneficial owner" of such shares of Common Stock.
 
       Mr. Hempleman is the Managing Partner of Ardsley and Ardsley Partners and in that capacity directs their operations and therefore may be deemed to be the indirect "beneficial owner" of the shares of Common Stock owned by Ardsley Offshore, Ardsley Energy Offshore, AP II, Ardsley Institutional, Ardsley Energuy and the managed accounts.  Mr. Hempleman disclaims beneficial ownership of all of the shares of Common Stock reported in this 13G.
 
Item 7.
IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY.
   
 
Not applicable.

Item 8.
IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP.
   
 
Not applicable.


 
 

 
CUSIP No.  978166106
 
13G
Page 14 of 17 Pages


 
Item 9.
NOTICE OF DISSOLUTION OF GROUP.
   
 
Not applicable.
 
Item 10.
CERTIFICATION.

Each of the Reporting Persons hereby makes the following certification:
 
By signing below each Reporting Person certifies that, to the best of its knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

 
 

 
CUSIP No.  47759T100
 
13G
Page 15 of 16 Pages



SIGNATURES
 
After reasonable inquiry and to the best of our knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct.
 
DATED:  August 18, 2010

 
ARDSLEY PARTNERS FUND II, L.P.
   
 
By:
ARDSLEY PARTNERS I,
   
GENERAL PARTNER
   
 
By:
/s/ Steve Napoli
   
Steve Napoli
   
General Partner
   
 
ARDSLEY PARTNERS INSTITUTIONAL FUND, L.P.
 
By:
ARDSLEY PARTNERS I,
   
GENERAL PARTNER
   
 
By:
/s/ Steve Napoli
   
Steve Napoli
   
General Partner
   
 
ARDSLEY OFFSHORE FUND LTD.
   
 
By:
/s/ Steve Napoli
   
Steve Napoli
   
Director
     
  ARDSELY PARTNERS RENEWABLE ENERGY FUND, L.P.
  By:  ARDSLEY PARTNERS I,
     GENERAL PARTNER
   
  By:  /s/ Steve Napoli
     Steve Napoli
     General Partner
   
  ARDSLEY RENEWABLE ENERGY OFFSHORE FUND, LTD.
   
   By:  /s/ Steve Napoli
     Steve Napoli
     Director
   
 
ARDSLEY ADVISORY PARTNERS
 
By:
ARDSLEY PARTNERS I,
   
GENERAL PARTNER
   
 
By:
/s/ Steve Napoli
   
Steve Napoli
   
General Partner
   
 
ARDSLEY PARTNERS I
   
 
/s/ Robert Atchinson
 
PHILLIP GROSS, individually
   
 
PHILIP J. HEMPLEMAN, INDIVIDUALLY
   
 
By:
/s/ Steve Napoli
   
Steve Napoli
 
As attorney in fact for Philip J. Hempleman
   
*
Evidence of Power of Attorney was filed with the Schedule 13G/A filed on February 15, 2006 (Acc-no: 0000902664-06-000895) and is incorporated by reference into this filing.

 
 

 
CUSIP No.  978166106
 
13G
Page 16 of 16 Pages



EXHIBIT 1
 
JOINT ACQUISITION STATEMENT
 
PURSUANT TO RULE 13d-1(k)
 
The undersigned acknowledge and agree that the foregoing statement on Schedule 13G is filed on behalf of each of the undersigned and that all subsequent amendments to this statement shall be filed on behalf of each of the undersigned without the necessity of filing additional joint filing statements.  The undersigned acknowledge that each shall be responsible for the timely filing of such amendments, and for the completeness and accuracy of the information concerning him, her or it contained herein, but shall not be responsible for the completeness and accuracy of the information concerning the other entities or persons, except to the extent that he, she or it knows or has reason to believe that such information is inaccurate.
 
DATED:  August 18, 2010

 
ARDSLEY PARTNERS FUND II, L.P.
   
 
By:
ARDSLEY PARTNERS I,
   
GENERAL PARTNER
   
 
By:
/s/ Steve Napoli
   
Steve Napoli
   
General Partner
   
 
ARDSLEY PARTNERS INSTITUTIONAL FUND, L.P.
 
By:
ARDSLEY PARTNERS I,
   
GENERAL PARTNER
   
 
By:
/s/ Steve Napoli
   
Steve Napoli
   
General Partner
   
 
ARDSLEY OFFSHORE FUND LTD.
   
 
By:
/s/ Steve Napoli
   
Steve Napoli
   
Director
   
   ARDSLEY PARTNERS RENEWABLE ENERGY FUND, L.P
   By:  ARDSLEY PARTNERS I,
     GENERAL PARTNER
     
   By:  /s/ Steve Napoli
     General Partner
     
  ARDSLEY RENEWABLE ENERGY OFFSHORE FUND, LTD.
   By: /s/ Steve Napoli
     Director
   
 
ARDSLEY ADVISORY PARTNERS
 
By:
ARDSLEY PARTNERS I,
   
GENERAL PARTNER
   
 
By:
/s/ Steve Napoli
   
Steve Napoli
   
General Partner
   
 
ARDSLEY PARTNERS I
   
 
/s/ Robert Atchinson
 
PHILLIP GROSS, individually
   
 
PHILIP J. HEMPLEMAN, INDIVIDUALLY
   
 
By:
/s/ Steve Napoli
   
Steve Napoli
 
As attorney in fact for Philip J. Hempleman
   
*           Evidence of Power of Attorney was filed with the Schedule 13G/A filed on February 15, 2006 (Acc-no: 0000902664-06-000895) and is incorporated by reference into this filing.