**SECURITIES      AND EXCHANGE COMMISSION**

**WASHINGTON,      DC 20549**

**______________**

**FORM      10-K/A**

**(Amendment      No. 1)**

**x ANNUAL      REPORT      PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF      1934**

**For      the fiscal year ended December 31, 2007**

**o      TRANSITION REPORT      PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF      1934**

**For      the transition period from ______ to ______.**

**Commission      file number: **
**001-33456**

**ORSUS      XELENT TECHNOLOGIES, INC.**
** **

| **Delaware**(State                of incorporation)  |   | **20-1198142**** **(I.R.S.                Employer Identification No.)  |
|-----------------------------------------------------------|--------|-----------------------------------------------------------------------------------|

**12**
**th**

**      Floor, Tower B, Chaowai MEN Office Building**

**26      Chaowai Street, Chaoyang Disc.**

**Beijing,      People’s Republic Of China 100020**

**86-10-85653777**

**Securities      registered pursuant to Section 12(b) of the Act:**

**Common      Stock, par value $0.001 per share**

**Securities      registered pursuant to Section 12(g) of the Act:**

**None**

**Indicate      by check mark if the registrant is a well-known seasoned issuer, as defined      in      Rule 405 of the Securities Act.**
**Yes      o**
**No      x**

**Indicate      by check mark if the registrant is not required to file reports pursuant to      Section 13 or Section 15(d) of the Securities Exchange Act of 1934.**
**Yes o  Nox**

**Indicate      by check mark whether the registrant: (1) has filed all reports required to      be      filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during      the      preceding 12 months (or for such shorter period that the registrant was required      to file such reports), and (2) has been subject to such filing requirements      for      the past 90 days.  **
**Yes      x   **No      o****

**Indicate      by check mark if disclosure of delinquent filers pursuant to Item 405 of      Regulation S-K is not contained herein, and will not be contained, to the best      of registrant's knowledge, in definitive proxy or information statements      incorporated by reference in Part III of this Form 10-K or any amendment to      this      Form 10-K. o**

**Indicate      by check mark whether the registrant is a large accelerated filer, an      accelerated filer, a non-accelerated filer, or a smaller reporting company.      See      the definitions of “large accelerated filer,” “accelerated filer” and “smaller      reporting company” in Rule 12b-2 of the Exchange Act.**

| **Large accelerated filer o** |  **Accelerated filer o**         |
|-------------------------------|---------------------------------------|
|                          |                                  |
| **Non-accelerated filer o**   |  **Smaller reporting company x** |

**Indicate      by check mark whether the registrant is a shell company (as defined in Rule      12b-2 of the Exchange Act). Yes o   **No      x****

**As      of June 29, 2007, the aggregate market value of the registrant’s common stock      held by non-affiliates of the registrant was $50,170,400 based on the closing      price as reported on the American Stock Exchange**
**.      **

**Indicate      the number of shares outstanding of each of the issuer’s classes of common      stock, as of the latest practicable date.**

| **Class**                                                  |   | **Outstanding                at March 31, 2008** |
|------------------------------------------------------------|--------|--------------------------------------------------|
| **Common                Stock, $.001 par value per share** |   | **29,756,000****shares**                         |

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**EXPLANATORY      NOTE**

**PART      II**

| **Item              9A(T).** | **Controls                and Procedures.** |
|------------------------------|---------------------------------------------|

*Internal      Control Over Financial Reporting*

**PART      IV**
** **

| **Item              15.** | **Exhibits                and Financial Statement                Schedules** |
|---------------------------|------------------------------------------------------------------------------|

|  | **(b)** | ****Exhibits.**** |
|--|---------|-------------------|

| **Exhibit                Number** | **Exhibit                Description**                                                                                                        |
|-----------------------------------|-----------------------------------------------------------------------------------------------------------------------------------------------|
|                              |                                                                                                                                          |
| 31.1                              | Certification                of Principal Executive Officer under Section 302 of the Sarbanes-Oxley                Act                of 2002 |
|                              |                                                                                                                                          |
| 31.2                              | Certification                of Principal Financial Officer under Section 302 of the Sarbanes-Oxley                Act                of 2002 |

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**SIGNATURES**

|         |                                                          |                           |
|--------------|---------------------------------------------------------------|--------------------------------|
|         | **ORSUS              XELENT TECHNOLOGIES, INC.**              |
|    |                                                     |                      |
|         | By:                                                 | /S/ Wang              Xin |
|         | Wang                XinChief                Executive Officer |

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**Index      to Exhibits**

| **Exhibit****Number** | **Exhibit                  Description**                                                                                                            |
|-----------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------|
|                  |                                                                                                                                                |
| 31.1                  | Certification                  of Principal Executive Officer under Section 302 of the Sarbanes-Oxley                  Act                  of 2002 |
|                  |                                                                                                                                                |
| 31.2                  | Certification                  of Principal Financial Officer under Section 302 of the Sarbanes-Oxley                  Act                  of 2002 |

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