On 10/30/2009, CS China Acquisition Corp. announced that they will be unable to file their next 10-K by the deadline required by the SEC.

CS China Acquisition Corp. reported earnings results for the third quarter ended March 31, 2009. For the quarter, the company reported a net loss of $5,076 against a net income of $135,054 for the same quarter in the previous year.

On February 10, 2009, CS China Acquisition Corp. appointed Clarence Li, Wei Lu, Weidong Hong and Jie Liu as directors of the Company. Each of Messre. Li, Lu, Hong and Liu will be paid $30,000 and be issued 6,000 ordinary shares of the Company upon consummation of a business combination. Clarence Li, 51 years old, was appointed as a Class A Director of the Company. Mr. Li has over 25 years of financial and management accounting experiences in Hong Kong and Canada. Since January 2008, Mr. Li has served as the Deputy Director of Industrial Operation Finance, and held various Financial and Management Accounting positions from 1996 to 2007, at Sanofi Pasteur Limited in Toronto, Canada. Wei (Will) Lu, 34 years old, was appointed as a Class A Director of the Company. Mr. Lu founded, and since May 2007, has served as the founder and managing director of Fidelity Capital Partners. From 2001 to April 2007, Mr. Lu served as a managing director with World Capital Market, a Los Angeles-based boutique investment banking firm. Weidong Hong, 41 years old, was appointed as a Class B Director of the Company. Mr. Hong has served as the Chief Executive Officer and a director of Yucheng Technologies since November 2006. Mr. Hong was the Chairman and Chief Executive Officer of Beijing Sihitech Technology Co. Ltd. between June 1999 and November 2006, which was merged with Beijing e-Channels Technology Co. Ltd. and China Unistone Acquisition Corp. to form Yucheng Technologies in November 2006. Jie Liu, 35 years old, was appointed as a Class C Director of the Company. Mr. Liu has served as the Chief Executive Officer of Shenzhen New Industries Venture Capital Co. Ltd., the venture capital affiliate of New Industries Investment Co. Ltd. (NII), an investment banking enterprise in Shenzhen, China sponsored by the State Planning and Development Commission. NII has been a pioneer in venture capital investments in China with principal investments focused in the high-tech, communications, bio-tech, and new materials sectors.