| Nevada                                                                                              |   | N/A                                                        |
|-----------------------------------------------------------------------------------------------------|--------|------------------------------------------------------------|
| (State or other jurisdiction of incorporation or organization)                                      |   | (I.R.S. Employer Identification No.)                       |
|                                                                                                |   |                                                       |
|                                                                                                |   |                                                       |
| No.2 Haibin Road, Binxi Developing AreaHeilongjiang ProvincePeople’s Republic of China 150000 |   | +86 451 87009618                                           |
| (Address of principal executive offices) (Zip Code)                                                 |   | (Registrant’s telephone number, including area code) |

| Large accelerated filer. o                                                    | Accelerated filer.    o                               |
|-------------------------------------------------------------------------------|----------------------------------------------------------------------|
| Non-accelerated filer. o(Do not check if a smaller reporting company) | Smaller reporting company.   þ    |

----

| PART I FINANCIAL INFORMATION                                                                              |   F-1 |
|----------------------------------------------------------------------------------------------------------------|------------|
| ITEM 1.FINANCIAL STATEMENTS                                                                                    |   F-1 |
|    Consolidated Balance Sheets (unaudited)                                                      |   F-1 |
|    Consolidated Statements of Operations (unaudited)                                            |   F-2 |
|    Consolidated Statements of Cash Flows (unaudited)                                            |   F-3 |
|    Notes to the Consolidated Financial Statements (unaudited)                                   |   F-4 |
| ITEM 2.  MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS |   2   |
| ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK                                             |   5   |
| ITEM 4. CONTROLS AND PROCEDURES                                                                                |   5   |
| ITEM 4(T). CONTROLS AND PROCEDURES                                                                             |   5   |
| PART II – OTHER INFORMATION                                                                              |   6   |
| ITEM 1.  LEGAL PROCEEDINGS                                                                           |   6   |
| ITEM 2.  UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCCEDS                                 |   6   |
| ITEM 3.  DEFAULTS UPON SENIOR SECURITIES                                                             |   6   |
| ITEM 4.  (REMOVED AND RESERVED)                                                                      |   6   |
| ITEM 5.  OTHER INFORMATION                                                                           |   6   |
| ITEM 6.  EXHIBITS                                                                                    |   6   |

----

PART I –FINANCIAL INFORMATION

ITEM 1. FINANCIAL STATEMENS

China Wind Energy Inc. and Subsidiaries

|                                                                                                                                            |   | January 31, 2010 |       | July 31, 2009 |   |
|-------------------------------------------------------------------------------------------------------------------------------------------------|--------|------------------|------------|---------------|--------|
| Assets                                                                                                                                          |   |             |       |          |   |
|       Current Assets                                                                                                   |   |             |       |          |   |
|          Cash and cash equivalents                                                                      |   | $                | 76,109     |          | $      | 65,233 |   |
|          Accounts receivable, net of allowance for doubtful account of $- and $-, respectively     |   |             | 9,910      |          |   | 891,776 |   |
|          Inventories, net of allowance for obsolescence of $1,021,934 and $1,021,028, respectively |   |             | 932,150    |          |   | 648,043 |   |
|          Prepaid expenses                                                                               |   |             | 169,849    |          |   | 125,899 |   |
|       Total current assets                                                                                             |   |             | 1,188,018  |          |   | 1,730,951 |   |
|                                                                                                                                            |   |             |       |          |   |   |   |
|       Prepayment and deposit                                                                                           |   |             | 13,054     |          |   | 10,945 |   |
|       Due from related parties                                                                                    |   |             | 299,149    |          |   | 298,884 |   |
|       Property and equipment, net of accumulated depreciation of $810,237 and $549,659, respectively              |   |             | 9,150,173  |          |   | 9,214,594 |   |
|       Construction in progress                                                                                         |   |             | 840,545    |          |   | 797,016 |   |
|       Goodwill                                                                                                         |   |             | 8,110,960  |          |   | 8,110,960 |   |
|       Intangible assets, net of accumulated amortization of $83,347 and $66,902, respectively                     |   |             | 1,815,135  |          |   | 1,839,116 |   |
| Total Assets                                                                                                                                    |   | $                | 21,417,034 |          | $      | 22,002,466 |   |
|                                                                                                                                            |   |             |       |          |   |   |   |
| Liabilities & Stockholders' Equity                                                                                                          |   |             |       |          |   |   |   |
|       Current Liabilities                                                                                         |   |             |       |          |   |   |   |
|          Accounts payable and accrued liabilities                                                       |   | $                | 2,028,581  |          | $      | 1,962,075 |   |
|          Customer deposit                                                                               |   |             | 14,557     |          |   | 131,333 |   |
|          Other payables                                                                                 |   |             | 9,336      |          |   | 18,056 |   |
|          Short term loans                                                                               |   |             | 2,362,279  |          |   | 2,111,505 |   |
|          Due to related parties                                                                         |   |             | 76,161     |          |   | 76,108 |   |
|          Wages payable                                                                                  |   |             | 72,572     |          |   | 66,081 |   |
|       Total current liabilities                                                                                        |   |             | 4,563,486  |          |   | 4,365,158 |   |
|                                                                                                                                            |   |             |       |          |   |   |   |
| Stockholders' Equity                                                                                                                            |   |             |       |          |   |   |   |
| Common stock; 400,000,000 shares authorized; 0.0001 par value; 51,902,250 shares issued and outstanding, respectively                           |   |             | 5,191      |          |   | 5,191 |   |
| Additional paid-in capital                                                                                                                      |   |             | 20,335,701 |          |   | 20,335,701 |   |
| Accumulated other comprehensive income                                                                                                          |   |             | 55,897     |          |   | 50,301 |   |
| Accumulated deficit during development stage                                                                                                    |   |             | (5,128,224 | )             |   | (4,478,842 | ) |
| Total China Wind Energy Stockholders' Equity                                                                                                    |   |             | 15,268,565 |          |   | 15,912,351 |   |
| Non-controlling interest                                                                                                                        |   |             | 1,584,983  |          |   | 1,724,957 |   |
| Total Stockholders' Equity                                                                                                                      |   |             | 16,853,548 |          |   | 17,637,308 |   |
| Total Liabilities & Stockholders' Equity                                                                                                    |   | $                | 21,417,034 |          | $      | 22,002,466 |   |

----

China Wind Energy Inc. and Subsidiaries

|                                                                                  |   | Three Months EndedJanuary 31, 2010 |       |    | Three Months EndedJanuary 31, 2009 |   |       |    Six Months EndedJanuary 31, 2010 |   |            |    Six Months EndedJanuary 31, 2009 |   |   | November 27, 2006 (Inception) toJanuary 31, 2010 |       |
|---------------------------------------------------------------------------------------|--------|------------------------------------|------------|---------|------------------------------------|--------|------------|----------------------------------------------------|--------|-----------------|----------------------------------------------------|--------|--------|--------------------------------------------------|------------|
| Revenue                                                                               |   | $                                  |  32   |    |                               | $      |  -    |                                               |   | $               | 184,470                                            |   |   |                                             | -          |   |   | $ |  415,161 |   |
| Cost of goods sold                                                                    |   |                               | -          |    |                               |   | -          |                                               |   | (173,713 | )                                                  |   |   | -                                                |       |   |   | (932,658 | ) |
| Gross profit (Loss)                                                                   |   |                               | 32         |    |                               |   | -          |                                               |   |            | 10,757                                             |   |   |                                             | -          |   |   |   | (517,497 | ) |
|                                                                                  |   |                               |       |    |                               |   |       |                                               |   |            |                                               |   |   |                                             |       |   |   |   |   |   |
| Operating expenses                                                                    |   |                               |       |    |                               |   |       |                                               |   |            |                                               |   |   |                                             |       |   |   |   |   |   |
|     Selling expenses                                                   |   |                               | 6,923      |    |                               |   | 23,217     |                                               |   |            | 15,268                                             |   |   |                                             | 46,052     |   |   |   | 120,404 |   |
|     Research and development                                           |   |                               | -          |    |                               |   | 132,419    |                                               |   |            | -                                                  |   |   |                                             | 392,232    |   |   |   | - |   |
|     Provision (Reversal) on   allowance of obsolescence |   |                               | -          |    |                               |   | 121,785    |                                               |   |            | -                                                  |   |   |                                             | 232,979    |   |   |   | - |   |
|     General and administrative                                         |   |                               | 354,958    |    |                               |   | 347,807    |                                               |   |            | 649,863                                            |   |   |                                             | 668,191    |   |   |   | 3,674,244 |   |
| Total operating expenses                                                         |   |                               | 361,881    |    |                               |   | 625,228    |                                               |   |            | 665,131                                            |   |   |                                             | 1,339,454  |   |   |   | 3,794,648 |   |
|                                                                                  |   |                               |       |    |                               |   |       |                                               |   |            |                                               |   |   |                                             |       |   |   |   |   |   |
| Loss from operations                                                                  |   |                               | (361,849   | )       |                               |   | (625,228   | )                                                  |   |            | (654,374                                           | )      |   |                                             | (1,339,454 | ) |   |   | (4,312,145 | ) |
|                                                                                  |   |                               |       |    |                               |   |       |                                               |   |            |                                               |   |   |                                             |       |   |   |   |   |   |
| Other income (expenses)                                                               |   |                               |       |    |                               |   |       |                                               |   |            |                                               |   |   |                                             |       |   |   |   |   |   |
|     Interest income                                                    |   |                               | 128        |    |                               |   | 36         |                                               |   |            | 199                                                |   |   |                                             | 301        |   |   |   | 1,199 |   |
|     Interest expense                                                   |   |                               | (70,801    | )       |                               |   | (39,544    | )                                                  |   |            | (136,404                                           | )      |   |                                             | (53,873    | ) |   |   | (384,283 | ) |
|     Loss on disposal of assets                                         |   |                               | -          |    |                               |   | 2          |                                               |   |            | -                                                  |   |   |                                             | (9,261     | ) |   |   | (1,651,934 | ) |
|     Government subsidy income                                     |   |                               | -          |    |                               |   | 87,738     |                                               |   |            | -                                                  |   |   |                                             | 87,738     |   |   |   | 161,205 |   |
| Total other income (expenses)                                                         |   |                               | (70,673    | )       |                               |   | 48,232     |                                               |   |            | (136,205                                           | )      |   |                                             | 24,905     |   |   |   | (1,873,813 | ) |
|                                                                                  |   |                               |       |    |                               |   |       |                                               |   |            |                                               |   |   |                                             |       |   |   |   |   |   |
| Net loss                                                                              |   |                               | (432,522   | )       |                               |   | (576,996   | )                                                  |   |            | (790,579                                           | )      |   |                                             | (1,314,549 | ) |   |   | (6,185,958 | ) |
|     Less: Net loss attributable to non-controlling interest  |   |                               | (77,248    | )       |                               |   | (90,161    | )                                                  |   |            | (141,197                                           | )      |   |                                             | (209,009   | ) |   |   | (1,057,734 | ) |
| Net loss attributable to China Wind Energy Inc.                                       |   |                               | (355,274   | )       |                               |   | (486,835   | )                                                  |   |            | (649,382                                           | )      |   |                                             | (1,105,540 | ) |   |   | (5,128,224 | ) |
|                                                                                  |   |                               |       |    |                               |   |       |                                               |   |            |                                               |   |   |                                             |       |   |   |   |   |   |
| Other comprehensive income (loss)                                                     |   |                               |       |    |                               |   |       |                                               |   |            |                                               |   |   |                                             |       |   |   |   |   |   |
|     Foreign currency translation                                       |   |                               | (121       | )  |                               |   | 689        |                                               |   |            | 5,596                                              |   |   |                                             | (687       | ) |   |   | 55,897 |   |
|                                                                                  |   |                               |       |    |                               |   |       |                                               |   |            |                                               |   |   |                                             |       |   |   |   |   |   |
| Comprehensive loss                                                                    |   |                               | (355,395   | )       |                               |   | (486,146   | )                                                  |   |            | (643,786                                           | )      |   |                                             | (1,106,227 | ) |   |   | (5,072,327 | ) |
| Comprehensive loss attibutabe to Non – controlling interest                     |   |                               | (77,248    | )       |                               |   | (90,161    | )                                                  |   |            | (141,197                                           | )      |   |                                             | (209,009   | ) |   |   | (1,057,734 | ) |
| Comprehensive loss attributable to China Wind Energy Inc.                             |   |                               | (278,147   | )       |                               |   | (395,985   | )                                                  |   |            | (502,589                                           | )      |   |                                             | (897,218   | ) |   |   | (4,014,593 | ) |
|                                                                                  |   |                               |       |    |                               |   |       |                                               |   |            |                                               |   |   |                                             |       |   |   |   |   |   |
| Net Loss Per Share, Basic and Diluted                                                 |   |                               | (0.01      | )       |                               |   | (0.01      | )                                                  |   |            | (0.01                                              | )      |   |                                             | (0.02      | ) |   |   |   |   |
|                                                                                  |   |                               |       |    |                               |   |       |                                               |   |            |                                               |   |   |                                             |       |   |   |   |   |   |
| Weighted Average Shares Outstanding, Basic and Diluted                                |   |                               | 51,902,250 |    |                               |   | 51,902,250 |                                               |   |            | 51,902,250                                         |   |   |                                             | 51,902,250 |   |   |   |   |   |

----

China Wind Energy Inc. and Subsidiaries

|                                                                                                       |   | Six Months EndedJanuary 31, 2010 |     |    | Six Months EndedJanuary 31, 2009 |   |       | November 27, 2006 (Inception) toJanuary 31, 2010 |   |
|------------------------------------------------------------------------------------------------------------|--------|----------------------------------|----------|---------|----------------------------------|--------|------------|--------------------------------------------------|--------|
| Cash Flows From Operating Activities                                                                       |   |                             |     |    |                             |   |       |                                             |   |
|       Net Loss                                                                    |   | $                                | (790,579 | )       |                             | $      | (1,314,549 | )                                                |   | $ | (6,185,958 | ) |
| Adjustments to reconcile net loss to net cash used in operating activities                                 |   |                             |     |    |                             |   |       |                                             |   |   |   |   |
|       Depreciation                                                                |   |                             | 260,540  |    |                             |   | 41,703     |                                             |   |   | 750,365 |   |
|       Amortization                                                           |   |                             | 24,191   |    |                             |   | 155,020    |                                             |   |   | 123,844 |   |
|       Loss on disposal of assets                                                  |   |                             | -        |    |                             |   | 9,261      |                                             |   |   | 1,651,934 |   |
|       Loss (Gain) on physical count of inventories                                |   |                             | -        |    |                             |   | -          |                                             |   |   | 26,831 |   |
|       Provision (Reversal) on allowance of obsolescence                           |   |                             | -        |    |                             |   | 232,979    |                                             |   |   | - |   |
|       Common stock issued for services                                            |   |                             | -        |    |                             |   | -     |                                             |   |   | 17,850 |   |
|       Changes in operating assets and liabilities:                                |   |                             |     |    |                             |   |       |                                             |   |   |   |   |
|            Accounts receivable, net                      |   |                             | -        |    |                             |   | 8,191      |                                             |   |   | 19,188 |   |
|            Prepaid expenses                              |   |                             | (43,841  | )       |                             |   | 17,169     |                                             |   |   | 222,463 |   |
|            Advances to suppliers                         |   |                             | -        |    |                             |   | 9,593      |                                             |   |   | - |   |
|            Inventories                                   |   |                             | (283,533 | )       |                             |   | (102,266   | )                                                |   |   | (419,977 | ) |
|            Prepayment and deposit                        |   |                             | (2,100   | )       |                             |   | 166,830    |                                             |   |   | 555,650 |   |
|            Accounts payable and accrued liabilities      |   |                             | 64,812   |    |                             |   | 243,384    |                                             |   |   | 269,070 |   |
|            Customer deposit                              |   |                             | (116,892 | )       |                             |   | 79,347     |                                             |   |   | (33,965 | ) |
|            Other payables                                |   |                             | (8,736   | )       |                             |   | 67,169     |                                             |   |   | (26,213 | ) |
|            Wages payable                                 |   |                             | 6,433    |    |                             |   | 22,083     |                                             |   |   | 72,451 |   |
|            Deferred charges                              |   |                             | -        |    |                             |   | (898       | )                                                |   |   | - |   |
|            Net cash used in operating activities         |   |                             | (889,705 | )       |                             |   | (364,984   | )                                                |   |   | (2,956,467 | ) |
|                                                                                                       |   |                             |     |    |                             |   |       |                                             |   |   |   |   |
| Cash Flows from Investing Activities                                                                       |   |                             |     |    |                             |   |       |                                             |   |   |   |   |
|       Purchases of property and equipment                                         |   |                             | (188,038 | )       |                             |   | (684,449   | )                                                |   |   | (1,461,812 | ) |
|       Cash paid for construction in progress                                 |   |                             | (42,822  | )       |                             |   | -          |                                             |   |   | (441,380 | ) |
|       Proceeds from sale of land use right                                        |   |                             | 882,657  |    |                             |   | -          |                                             |   |   | 955,942 |   |
|       Proceeds from sale of fixed assets                                          |   |                             | -        |    |                             |   | 7,311      |                                             |   |   | 99,278 |   |
|       Cash paid to acquire intangibles                                            |   |                             | -        |    |                             |   | -          |                                             |   |   | (1,407 | ) |
|       Cash acquired on acquisition                                                |   |                             | -        |    |                             |   | -          |                                             |   |   | 314,713 |   |
|       Collection of loans made to related parties                                 |   |                             | -        |    |                             |   | 185,689    |                                             |   |   | 993,502 |   |
|           Net cash provided by (used in) investing activities |   |                             | 651,797  |    |                             |   | (491,449   | )                                                |   |   | 458,836 |   |
|                                                                                                       |   |                             |     |    |                             |   |       |                                             |   |   |   |   |
| Cash Flows From Financing Activities                                                                       |   |                             |     |    |                             |   |       |                                             |   |   |   |   |
|       Proceeds from related party loans                                           |   |                             | -        |    |                             |   | 17,284     |                                             |   |   | 69,319 |   |
|       Proceeds from short term loans                                              |   |                             | 326,506  |    |                             |   | 1,004,748  |                                             |   |   | 2,834,441 |   |
|       Repyament of short term loans                                               |   |                             | (77,604  | )  |                             |   | -          |                                             |   |   | (626,045 | ) |
|       Proceeds from issuance of common stock                                      |   |                             | -        |    |                             |   | -          |                                             |   |   | 100,001 |   |
|            Net cash provided by financing activities     |   |                             | 248,902  |    |                             |   | 1,022,032  |                                             |   |   | 2,377,716 |   |
|                                                                                                       |   |                             |     |    |                             |   |       |                                             |   |   |   |   |
|            Effect of exchange rate changes on cash       |   |                             | (118     | )       |                             |   | 73,066     |                                             |   |   | 196,024 |   |
|            Net increase in cash and cash equivalents     |   |                             | 10,876   |    |                             |   | 238,665    |                                             |   |   | 76,109 |   |
|                                                                                                       |   |                             |     |    |                             |   |       |                                             |   |   |   |   |
| Cash and cash equivalents, beginning of period                                                             |   |                             | 65,233   |    |                             |   | 80,348     |                                             |   |   | - |   |
| Cash and cash equivalents, end of period                                                                   |   | $                                | 76,109   |    |                             | $      | 319,013    |                                             |   | $ | 76,109 |   |
| Supplemental disclosure information:                                                                       |   |                             |     |    |                             |   |       |                                             |   |   |   |   |
|       Interest expense paid                                                       |   | $                                | 43,781   |    |                             | $      | -          |                                             |   | $ | 81,584 |   |
|       Income taxes paid                                                           |   | $                                | -        |    |                             | $      | -          |                                             |   | $ | - |   |

----

China Wind Energy Inc. And Subsidiaries

----

|                                                                                  |   | January 31, 2010 |      |   | July 31, 2009 |   |
|---------------------------------------------------------------------------------------|--------|------------------|-----------|--------|---------------|--------|
| 12-month Bank Loan bearing interest at 5.841% per annum and maturing in February 2010 |   | $                | 1,467,000 |   |          | $      | 1,465,700 |   |
| Loans from individuals                                                                |   |             | 895,279   |   |          |   | 645,805 |   |
| Short term loan                                                                       |   | $                | 2,362,279 |   |          | $      | 2,111,505 |   |

----

ITEM 2.  MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

----

----

----

ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

ITEM 4. CONTROLS AND PROCEDURES

ITEM 4(T). CONTROLS AND PROCEDURES

----

 PART II – OTHER INFORMATION

ITEM 1.  LEGAL PROCEEDINGS

ITEM 2.  UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCCEDS

ITEM 3.  DEFAULTS UPON SENIOR SECURITIES

ITEM 4.  (REMOVED AND RESERVED)

ITEM 5.  OTHER INFORMATION

ITEM 6.  EXHIBITS

|   Exhibit Number |   Exhibit Description                                                                                                                                                               |
|-----------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 31.1                  | Certification of the Chief Executive Officer and Chief Financial Officer Pursuant to Rule 13a-14 or 15d-14 of the Exchange Act pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 |
| 32.1                  | Certification of the Chief Executive Officer and Chief Financial Officer Pursuant to 18 U.S.C. Section 1350 as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002         |

----

|                 | China Wind Energy Inc.                                                                                                    |
|----------------------|---------------------------------------------------------------------------------------------------------------------------|
|                 | (Registrant)                                                                                                              |
|                 |                                                                                                                      |
|                 | /s/ Shouquan Sun                                                                                                          |
| Date: March 17, 2010 | Shouquan Sun                                                                                                              |
|                 | President, Chief Executive Officer, Chief Financial Officer, Principal Accounting Officer, Secretary, Treasurer, Director |