| 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) |

----

| PART I FINANCIAL INFORMATION                                                                              |      |
|----------------------------------------------------------------------------------------------------------------|-----------|
| ITEM 1.FINANCIAL STATEMENTS                                                                                    |      |
|    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         |
| 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.  SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS                                         | 6         |
| ITEM 5.  OTHER INFORMATION                                                                           | 6         |
| ITEM 6.  EXHIBITS                                                                                    | 6         |

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China Wind Energy Inc. and Subsidiaries

|                                                                                                                                            |   | October 31, 2009 |       |   | July 31, 2009 |   |
|-------------------------------------------------------------------------------------------------------------------------------------------------|--------|------------------|------------|--------|---------------|--------|
| Assets                                                                                                                                          |   |             |       |   |          |   |
|       Current Assets                                                                                                   |   |             |       |   |          |   |
|          Cash and cash equivalents                                                                      |   | $                | 19,938     |   |          | $      | 65,233 |   |
|          Accounts receivable, net of allowance for doubtful account of $- and $-, respectively     |   |             | 599,167    |   |          |   | 891,776 |   |
|          Inventories, net of allowance for obsolescence of $1,021,934 and $1,021,028, respectively |   |             | 684,665    |   |          |   | 648,043 |   |
|          Prepaid expenses                                                                               |   |             | 188,054    |   |          |   | 125,899 |   |
|       Total current assets                                                                                             |   |             | 1,491,824  |   |          |   | 1,730,951 |   |
|                                                                                                                                            |   |             |       |   |          |   |   |   |
|       Prepayment and deposit                                                                                           |   |             | 39,070     |   |          |   | 10,945 |   |
|       Due from related parties                                                                                    |   |             | 299,149    |   |          |   | 298,884 |   |
|       Property and equipment, net of accumulated depreciation of $679,642 and $549,659, respectively              |   |             | 9,139,413  |   |          |   | 9,214,594 |   |
|       Construction in progress                                                                                         |   |             | 819,623    |   |          |   | 797,016 |   |
|       Goodwill                                                                                                         |   |             | 8,110,960  |   |          |   | 8,110,960 |   |
|       Intangible assets, net of accumulated amortization of $71,247 and $66,902, respectively                     |   |             | 1,827,235  |   |          |   | 1,839,116 |   |
| Total Assets                                                                                                                                    |   | $                | 21,727,274 |   |          | $      | 22,002,466 |   |
|                                                                                                                                            |   |             |       |   |          |   |   |   |
| Liabilities & Stockholders' Equity                                                                                                          |   |             |       |   |          |   |   |   |
|       Current Liabilities                                                                                         |   |             |       |   |          |   |   |   |
|          Accounts payable and accrued liabilities                                                       |   | $                | 2,091,139  |   |          | $      | 1,962,075 |   |
|          Customer deposit                                                                               |   |             | 14,513     |   |          |   | 131,333 |   |
|          Other payables                                                                                 |   |             | 17,178     |   |          |   | 18,056 |   |
|          Short term loans                                                                               |   |             | 2,190,265  |   |          |   | 2,111,505 |   |
|          Due to related parties                                                                         |   |             | 76,161     |   |          |   | 76,108 |   |
|          Wages payable                                                                                  |   |             | 51,801     |   |          |   | 66,081 |   |
|       Total current liabilities                                                                                        |   |             | 4,441,057  |   |          |   | 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                                                                                                          |   |             | 56,018     |   |          |   | 50,301 |   |
| Accumulated deficit during development stage                                                                                                    |   |             | (4,772,950 | )      |          |   | (4,478,842 | ) |
| Total China Wind Energy Stockholders' Equity                                                                                                    |   |             | 15,623,960 |   |          |   | 15,912,351 |   |
| Non-controlling interest                                                                                                                        |   |             | 1,662,257  |   |          |   | 1,724,957 |   |
| Total Stockholders' Equity                                                                                                                      |   |             | 17,286,217 |   |          |   | 17,637,308 |   |
| Total Liabilities & Stockholders' Equity                                                                                                    |   | $                | 21,727,274 |   |          | $      | 22,002,466 |   |

----

China Wind Energy Inc. and Subsidiaries

|                                                                                  |   | Three Months EndedOctober 31, 2009 |       |   | Three Months EndedOctober 31, 2008 |   |       | November 27, 2006 (Inception) toOctober 31, 2009 |   |
|---------------------------------------------------------------------------------------|--------|------------------------------------|------------|--------|------------------------------------|--------|------------|--------------------------------------------------|--------|
| Revenue                                                                               |   | $                                  | 184,438    |   |                               | $      | -          |                                             |   | $ | 415,129 |   |
| Cost of goods sold                                                                    |   |                               | (173,713   | )      |                               |   | (111,194   | )                                                |   |   | (932,658 | ) |
| Gross profit (Loss)                                                                   |   |                               | 10,725     |   |                               |   | (111,194   | )                                                |   |   | (517,529 | ) |
|                                                                                  |   |                               |       |   |                               |   |       |                                             |   |   |   |   |
| Operating expenses                                                                    |   |                               |       |   |                               |   |       |                                             |   |   |   |   |
|     Selling expenses                                                   |   |                               | 8,345      |   |                               |   | 22,835     |                                             |   |   | 113,481 |   |
|     General and administrative                                         |   |                               | 294,905    |   |                               |   | 580,197    |                                             |   |   | 3,319,286 |   |
| Total operating expenses                                                         |   |                               | 303,250    |   |                               |   | 603,032    |                                             |   |   | 3,432,767 |   |
|                                                                                  |   |                               |       |   |                               |   |       |                                             |   |   |   |   |
| Loss from operations                                                                  |   |                               | (292,525   | )      |                               |   | (714,226   | )                                                |   |   | (3,950,296 | ) |
|                                                                                  |   |                               |       |   |                               |   |       |                                             |   |   |   |   |
| Other income (expenses)                                                               |   |                               |       |   |                               |   |       |                                             |   |   |   |   |
|     Interest income                                                    |   |                               | 71         |   |                               |   | 265        |                                             |   |   | 1,071 |   |
|     Interest expense                                                   |   |                               | (65,603    | )      |                               |   | (14,329    | )                                                |   |   | (313,482 | ) |
|     Loss on disposal of assets                                         |   |                               | -          |   |                               |   | (9,263     | )                                                |   |   | (1,651,934 | ) |
|     Government subsidy income                                     |   |                               | -          |   |                               |   | -          |                                             |   |   | 161,205 |   |
| Total other expenses                                                                  |   |                               | (65,532    | )      |                               |   | (23,327    | )                                                |   |   | (1,803,140 | ) |
|                                                                                  |   |                               |       |   |                               |   |       |                                             |   |   |   |   |
| Net loss                                                                              |   |                               | (358,057   | )      |                               |   | (737,553   | )                                                |   |   | (5,753,436 | ) |
|     Less: Net loss attributable to non-controlling interest  |   |                               | (63,949    | )      |                               |   | (118,848   | )                                                |   |   | (980,486 | ) |
| Net loss attributable to China Wind Energy Inc.                                       |   |                               | (294,108   | )      |                               |   | (618,705   | )                                                |   |   | (4,772,950 | ) |
|                                                                                  |   |                               |       |   |                               |   |       |                                             |   |   |   |   |
| Other comprehensive income (loss)                                                     |   |                               |       |   |                               |   |       |                                             |   |   |   |   |
|     Foreign currency translation                                       |   |                               | 5,717      |   |                               |   | (1,376     | )                                                |   |   | 56,018 |   |
|                                                                                  |   |                               |       |   |                               |   |       |                                             |   |   |   |   |
| Comprehensive loss                                                                    |   |                               | (352,340   | )      |                               |   | (738,929   | )                                                |   |   | (5,697,418 | ) |
| Comprehensive loss attibutabe to Non – controlling interest                     |   |                               | (63,949    | )      |                               |   | (118,848   | )                                                |   |   | (980,486 | ) |
| Comprehensive loss attributable to China Wind Energy Inc.                             |   |                               | (288,391   | )      |                               |   | (620,081   | )                                                |   |   | (4,716,932 | ) |
|                                                                                  |   |                               |       |   |                               |   |       |                                             |   |   |   |   |
| Net Loss Per Share, Basic and Diluted                                                 |   |                               | (0.01      | )      |                               |   | (0.01      | )                                                |   |   |   |   |
|                                                                                  |   |                               |       |   |                               |   |       |                                             |   |   |   |   |
| Weighted Average Shares Outstanding, Basic and Diluted                                |   |                               | 51,902,250 |   |                               |   | 51,902,250 |                                             |   |   |   |   |

----

China Wind Energy Inc. and Subsidiaries

|                                                                                                              |   | Three Months EndedOctober 31, 2009 |     |   | Three Months EndedOctober 31, 2008 |   |     | November 27, 2006 (Inception) toOctober 31, 2009 |   |
|-------------------------------------------------------------------------------------------------------------------|--------|------------------------------------|----------|--------|------------------------------------|--------|----------|--------------------------------------------------|--------|
| Cash Flows From Operating Activities                                                                              |   |                               |     |   |                               |   |     |                                             |   |
|       Net Loss                                                                           |   | $                                  | (358,057 | )      |                               | $      | (737,553 | )                                                |   | $ | (5,753,436 | ) |
| Adjustments to reconcile net loss to net cash used in operating activities                                        |   |                               |     |   |                               |   |     |                                             |   |   |   |   |
|       Depreciation                                                                       |   |                               | 129,989  |   |                               |   | 21,539   |                                             |   |   | 619,814 |   |
|       Amortization                                                                  |   |                               | 12,091   |   |                               |   | 77,000   |                                             |   |   | 111,744 |   |
|       Loss on disposal of assets                                                         |   |                               | -        |   |                               |   | 9,263    |                                             |   |   | 1,651,934 |   |
|       Loss (Gain) on physical count of inventories                                       |   |                               | -        |   |                               |   | -        |                                             |   |   | 26,831 |   |
|       Provision (Reversal) on allowance of obsolescence                                  |   |                               | -        |   |                               |   | 111,194  |                                             |   |   | - |   |
|       Common stock issued for services                                                   |   |                               | -        |   |                               |   |     |                                             |   |   | 17,850 |   |
|       Changes in operating assets and liabilities:                                       |   |                               |     |   |                               |   |     |                                             |   |   |   |   |
|            Accounts receivable, net                             |   |                               | 293,400  |   |                               |   | (3,427   | )                                                |   |   | 312,588 |   |
|            Prepaid expenses                                     |   |                               | (62,046  | )      |                               |   | 1,409    |                                             |   |   | 204,258 |   |
|            Advances to suppliers                                |   |                               | -        |   |                               |   | (76,856  | )                                                |   |   | - |   |
|            Inventories                                          |   |                               | (36,047  | )      |                               |   | (222,171 | )                                                |   |   | (172,491 | ) |
|            Prepayment and deposit                               |   |                               | (28,116  | )      |                               |   | 245,587  |                                             |   |   | 529,634 |   |
|            Accounts payable and accrued liabilities             |   |                               | 127,371  |   |                               |   | 183,756  |                                             |   |   | 331,629 |   |
|            Customer deposit                                     |   |                               | (116,936 | )      |                               |   | 79,772   |                                             |   |   | (34,009 | ) |
|            Other payables                                       |   |                               | (893     | )      |                               |   | 81,998   |                                             |   |   | (18,370 | ) |
|            Wages payable                                        |   |                               | (14,339  | )      |                               |   | 16,218   |                                             |   |   | 51,679 |   |
|            Deferred charges                                     |   |                               | -        |   |                               |   | (656     | )                                                |   |   | - |   |
|            Net cash used in operating activities                |   |                               | (53,583  | )      |                               |   | (212,927 | )                                                |   |   | (2,120,345 | ) |
|                                                                                                              |   |                               |     |   |                               |   |     |                                             |   |   |   |   |
| Cash Flows from Investing Activities                                                                              |   |                               |     |   |                               |   |     |                                             |   |   |   |   |
|       Purchases of property and equipment                                                |   |                               | (46,683  | )      |                               |   | (216,395 | )                                                |   |   | (1,320,457 | ) |
|       Cash paid for construction in progress                                        |   |                               | (21,900  | )      |                               |   | -        |                                             |   |   | (420,458 | ) |
|       Proceeds from sale of land use right                                               |   |                               | -        |   |                               |   | -        |                                             |   |   | 73,285 |   |
|       Proceeds from sale of fixed assets                                                 |   |                               | -        |   |                               |   | 7,313    |                                             |   |   | 99,278 |   |
|       Cash paid to acquire intangibles                                                   |   |                               | -        |   |                               |   | -        |                                             |   |   | (1,407 | ) |
|       Cash acquired on acquisition                                                       |   |                               | -        |   |                               |   | -        |                                             |   |   | 314,713 |   |
|       Collection of loans made to related parties                                        |   |                               | -        |   |                               |   | 35,345   |                                             |   |   | 993,502 |   |
|           Net cash used in investing activities                      |   |                               | (68,583  | )      |                               |   | (173,737 | )                                                |   |   | (261,544 | ) |
|                                                                                                              |   |                               |     |   |                               |   |     |                                             |   |   |   |   |
| Cash Flows From Financing Activities                                                                              |   |                               |     |   |                               |   |     |                                             |   |   |   |   |
|       Proceeds from related party loans                                                  |   |                               | -        |   |                               |   | -        |                                             |   |   | 69,319 |   |
|       Proceeds from short term loans                                                     |   |                               | 76,888   |   |                               |   | 675,325  |                                             |   |   | 2,584,823 |   |
|       Repyament of short term loans                                                      |   |                               | -        |   |                               |   | -        |                                             |   |   | (548,441 | ) |
|       Proceeds from issuance of common stock                                             |   |                               | -        |   |                               |   | -        |                                             |   |   | 100,001 |   |
|            Net cash provided by financing activities            |   |                               | 76,888   |   |                               |   | 675,325  |                                             |   |   | 2,205,702 |   |
|                                                                                                              |   |                               |     |   |                               |   |     |                                             |   |   |   |   |
|            Effect of exchange rate changes on cash              |   |                               | (17      | )      |                               |   | (517     | )                                                |   |   | 196,125 |   |
|            Net increase (decrease) in cash and cash equivalents |   |                               | (45,295  | )      |                               |   | 288,144  |                                             |   |   | 19,938 |   |
|                                                                                                              |   |                               |     |   |                               |   |     |                                             |   |   |   |   |
| Cash and cash equivalents, beginning of period                                                                    |   |                               | 65,233   |   |                               |   | 80,348   |                                             |   |   | - |   |
| Cash and cash equivalents, end of period                                                                          |   | $                                  | 19,938   |   |                               | $      | 368,492  |                                             |   | $ | 19,938 |   |
| Supplemental disclosure information:                                                                              |   |                               |     |   |                               |   |     |                                             |   |   |   |   |
|       Interest expense paid                                                              |   | $                                  | 21,890   |   |                               | $      | -        |                                             |   | $ | 59,693 |   |
|       Income taxes paid                                                                  |   | $                                  | -        |   |                               | $      | -        |                                             |   | $ | - |   |

----

China Wind Energy Inc. And Subsidiaries

----

|                                                                                  |   | October 31, 2009 |      |   | 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                                                                |   |             | 723,265   |   |          |   | 645,805 |   |
| Short term loan                                                                       |   | $                | 2,190,265 |   |          | $      | 2,111,505 |   |

----

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

----

|                                                                                  |   | October 31, 2009 |      |   | 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                                                                |   |             | 723,265   |   |          |   | 645,805 |   |
| Total short term loans                                                                |   | $                | 2,190,265 |   |          | $      | 2,111,505 |   |

| Description                               | Estimated expenses $ |
|-------------------------------------------|---------------------------|
| Research and development of wind turbines | 732,064                   |
| Marketing                                 | 117,130                   |
| Salaries                                  | 585,652                   |
| Equipment maintenance                     | 29,283                    |
| Development of distribution chain         | 146,413                   |
| Utilities                                 | 219,619                   |
| Professional Fees                         | 220,000                   |
| General and administrative expenses       | 585,000                   |
| Total                                     | 2,635,161                 |

----

----

ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

ITEM 4. 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.  SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

ITEM 5.  OTHER INFORMATION

ITEM 6.  EXHIBITS

| ExhibitNumber | 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         |

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|                    | China Wind Energy Inc.                                                                                                    |
|-------------------------|---------------------------------------------------------------------------------------------------------------------------|
|                    | (Registrant)                                                                                                              |
|                    |                                                                                                                      |
|                    | /s/ Shouquan Sun                                                                                                          |
| Date: December 10, 2009 | Shouquan Sun                                                                                                              |
|                    | President, Chief Executive Officer, Chief Financial Officer, Principal Accounting Officer, Secretary, Treasurer, Director |