China Power Equipment, Inc. (China Power) is a holding company. Through its wholly owned subsidiary, An Sen (Xi�an) Power Science & Technology Co., Ltd. (An Sen) and its affiliated operating company, Xi�an Amorphous Zhongxi Transformer Co., Ltd. (Zhongxi), the Company designs, manufactures and distributes amorphous alloy transformer cores and amorphous alloy core electricity transformers in the People�s Republic of China. China Power creates a range of amorphous alloy transformer cores for the transformers that perform this final voltage reduction. Zhongxi also sells amorphous alloy transformers. During the year December 31, 2009, Zhongxi exited from the silicon steel cores or silicon steel transformers product lines. In 2009, China Power discontinued distributing steel core transformers made by other companies. China Power has discontinued its legacy silicon steel transformer business, and no longer is a manufacturer or distributor of silicon steel transformers.