UNITED STATES SECURITIES AND EXCHANGE COMMISSION ~~Washington, D.C. 20549~~

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT Pursuant to Section 13 orOR 15(d) of ~~the~~The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): March 1518, 2011

DUOYUAN PRINTING, INC. ~~(Exact~~ ~~name of registrant as specified in its charter)~~

Wyoming		001-34520		91-1922225
(State or other Jurisdiction of Incorporation)		(Commission File Number)		(IRS Employer Identification No.)

(Exact name of registrant as specified in its charter)

No. 3 Jinyuan RoadDaxing Industrial Development ZoneBeijing, People’s Republic of China (Address of Principal Executive Offices) (Zip Code)


Wyoming	001-34520	91-1922225

(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)


No. 3 Jinyuan Road Daxing Industrial Development Zone Beijing, People’s Republic of China		102600

(Address of principal executive offices)		(Zip Code)

Registrant’s telephone number, including area code: +86 10 6021 2222

Not Applicable ~~(Former name or former address if changed since last report.)~~

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o		Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o		Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o		Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o		Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 8.01 Other Events.

InThe ~~connection~~following ~~with~~is ~~the~~an ~~disclosure~~update ~~requirements~~from ~~under~~Duoyuan Printing, Inc. (the ~~Section 303A~~“Company”) regarding its current status following a chain of ~~the~~events ~~New~~beginning ~~York~~on ~~Stock Exchange~~September 6, ~~Listed~~2010, when the Company’s ~~Manual,~~Audit Committee ~~Duoyuan~~dismissed ~~Printing,~~Deloitte ~~Inc~~Touche Tohmatsu CPA Ltd. (~~the~~ “~~Company~~Deloitte”) isas ~~disclosing~~ the ~~following~~independent registered ~~items~~public ~~relating~~accounting tofirm of the Company’s. ~~corporate~~Following ~~governance~~the asdismissal of Deloitte, the ~~date~~Company ofhas ~~this~~been unable ~~current~~to ~~report:~~fulfil its obligations to file its Annual Report on Form 10-K for the year ended June 30, 2010 and subsequent Quarterly Reports on Form 10-Q for the quarters ended September 30 and December 31, 2010.

~~Director Independence~~Background

~~Our~~Reference ~~board~~is ofmade ~~directors~~to ~~consists of Guo Wenhua, Cai Lianjun, Xie Punan, Sik Siu Kwan and Chui Man Lung, with Mr. Guo serving as~~ the ~~chairman~~Company’s ofCurrent ~~the~~Reports ~~board~~on ofForm ~~directors.~~8-K ~~Our~~(filed ~~board~~on ~~of directors has determined that Messrs.~~September ~~Cai~~13, ~~Xie, Sik and Chui are each an independent director as defined by the listing standards of the New York Stock Exchange (“NYSE”~~2010) and ~~the~~on ~~Securities~~Form ~~and~~8-K/A ~~Exchange Commission~~ (~~the~~filed ~~“SEC”)~~on ~~rules. In making these determinations~~September 16, ~~our board of directors has concluded that none of those members has a relationship that~~2010), inwhich ~~the~~are ~~opinion~~incorporated ofherein ~~our~~by ~~board~~reference ~~of directors, would interfere with the exercise of independent judgment~~ in ~~carrying out the responsibilities of a~~its ~~director.~~entirety ~~Guo~~and ~~Wenhua~~which isqualify ~~not~~this ~~considered~~“Background” ~~independent because of his former service as the Company’s Chief Executive Officer as recent as in June 2009~~discussion.

~~Executive~~As ~~Session~~previously disclosed,

~~The~~• ~~independent~~At ~~members of~~ the ~~Board~~time ~~shall meet in executive sessions (without the participation~~ of ~~executive~~Deloitte’s ~~officers~~dismissal oron ~~other~~September ~~non-independent~~6, ~~directors)~~2010, atthere ~~least~~was ~~twice~~an ~~annually. The~~outstanding ~~presiding~~disagreement ~~director~~between at the ~~executive~~Company ~~sessions~~and isDeloitte ~~designated~~related byto ~~the~~Deloitte’s ~~independent~~request ~~directors~~that onthe ~~an annual~~Company ~~basis.~~provide ~~Interested~~permission ~~persons~~to ~~may~~access ~~contact~~original ~~our~~bank ~~independent~~statements ~~directors~~to bycomplete ~~sending~~its ~~written~~audit ~~comments directed~~procedures to verify the ~~“Presiding~~identity ~~Director”, care~~ of ~~the~~certain ~~Corporate~~individuals ~~Secretary~~and toentities ~~our~~associated ~~principal~~with ~~executive offices.~~third ~~Our~~party ~~Corporate~~distributors ~~Secretary~~and ~~will deliver the unopened materials forthwith to the presiding director~~vendors.

~~Board~~• ~~Committees~~ In the course of its audit procedures, Deloitte identified supporting documentation for approximately RMB24 million of expenses related to advertising and tradeshow costs, the authenticity of which could not be verified to Deloitte’s satisfaction. The Company worked to address these inconsistencies, but at the time of its dismissal, Deloitte had not received complete explanations from the Company to address all of its concerns.

~~Our~~• ~~board~~In ofthe ~~directors~~course ~~has~~of ~~established~~its anaudit ~~Audit Committee~~procedures, ~~Compensation~~Deloitte ~~Committee,~~received ~~and Nominating~~information ~~and~~regarding ~~Corporate~~certain ~~Governance~~distributors ~~Committee. Our Audit Committee, Compensation Committee~~ and ~~Nominating~~ ~~and~~vendors ~~Governance~~that ~~Committee~~appeared ~~each~~inconsistent ~~operates~~with ~~under~~certain ainformation ~~written~~that ~~charter adopted by our board of directors, copies of which are available on~~ the ~~Investor~~Company ~~Relations~~had ~~section of our website at www~~provided.~~duoyuan.com.~~ ~~The~~Deloitte ~~information~~informed ~~contained~~the onCompany ~~our~~and ~~website is not incorporated by reference into this current report. Our board of directors has determined that each member of these committees is an independent director as defined by~~ the ~~listing~~Audit ~~standards~~Committee of the ~~NYSE and SEC rules~~inconsistencies.

~~Our~~• ~~board~~Deloitte ofadvised ~~directors~~the Audit Committee that it was informed by the Chief Executive Officer and ~~its~~Chief ~~committees~~Financial ~~set~~Officer ~~schedules~~of tothe ~~meet~~Company ~~throughout~~that they felt they did not have access to the ~~year~~information ~~and~~on ~~also can~~the ~~hold~~open ~~special~~matters ~~meetings~~referred ~~and~~to ~~act~~above bynor ~~written~~were ~~consent~~they ~~from~~in ~~time~~a position to ~~time,~~assist asthe ~~appropriate~~investigation. ~~The committees~~Deloitte ~~report~~expressed its concerns as to the impact of this on ~~their~~its ~~activities~~ability ~~and~~to ~~actions~~rely on the future representations from those members of management that it would otherwise seek to ~~our~~obtain ~~board~~as part of ~~directors~~its normal audit procedures.

~~Audit~~Improvements ~~Committee~~in the Company’s Corporate Governance

~~Our~~The ~~Audit~~Company ~~Committee~~has ~~reports~~appointed totwo ~~our~~more ~~board of directors regarding the appointment of our independent public accountants~~individuals, ~~the~~Mr. SIK ~~scope~~Siu ~~and~~Kwan ~~results~~on ~~of our annual audits~~September 26, ~~compliance~~2010 ~~with our accounting~~ and ~~financial policies and management’s procedures and policies relating to the adequacy~~Mr. ofCHUI ~~our~~Man ~~internal~~Lung ~~accounting~~Everett ~~controls.~~on ~~Our Audit Committee consists of Cai Lianjun~~November 26, ~~Xie Punan~~2010, ~~Sik Siu Kwan and Chui Man Lung~~respectively, each ofas ~~whom is~~ an independent director asto ~~defined by the listing~~serve ~~standards~~on of the ~~NYSE~~Board and ~~SEC~~a ~~rules,~~member ~~with Cai Lianjun serving as the chairman~~ of the Company’s Audit Committee. ~~Our~~until ~~board~~his ofsuccessor ~~directors~~is ~~has~~duly ~~determined~~elected ~~that~~and qualified ~~Chui~~or ~~Man~~until ~~Lung~~his ~~(Everett)~~earlier ~~is an “Audit Committee Financial Expert~~death,” asresignation ~~defined~~or ~~in Item 407(d)(5) of Regulation S-K~~removal.

~~Our~~Class Action ~~Audit Committee is responsible for, among other things:~~Lawsuit

•On ~~the appointment~~September 20, ~~evaluation~~2010, ~~compensation,~~a ~~oversight~~plaintiff ~~and~~filed ~~termination~~a ofpurported ~~the~~class ~~work~~action ofnaming ~~our~~the ~~independent~~Company, ~~auditor~~its Chairman ~~(including~~and ~~resolution~~certain ofpresent ~~disagreements~~and ~~between~~former ~~management~~senior executives and ~~the~~members ~~independent~~of ~~auditor~~the ~~regarding~~Company’s ~~financial~~Audit Committee ~~reporting);~~as •defendants, anasserting ~~annual~~claims ~~performance~~for ~~evaluation~~certain violations of the ~~audit~~securities ~~committee;~~laws •and ~~establishing~~seeking unspecified ~~procedures~~damages. ~~for~~The ~~the~~complaint, ~~receipt~~which is styled Jeff Perry, ~~retention~~et ~~and~~al. ~~treatment~~v. ofDuoyuan ~~complaints~~Printing, ~~regarding~~Inc., et ~~accounting~~al., ~~internal~~is ~~accounting~~currently ~~controls,~~pending ~~auditing~~in ~~matters~~the orU.S. ~~potential~~District ~~violations~~Court for the Southern District of ~~law,~~New ~~and~~York. ~~the~~The complaint ~~confidential,~~purports ~~anonymous~~to ~~submission~~assert byclaims ~~our~~on ~~employees~~behalf of ~~concerns~~a ~~regarding~~purported ~~questionable~~class ~~accounting~~of orpersons ~~auditing~~and ~~matters~~entities orwho purchased ~~potential~~shares ~~violations~~ of ~~law;~~the •Company’s ~~ensuring~~common ~~that~~stock itat ~~receives~~allegedly anartificially ~~annual~~high ~~report~~prices ~~from~~during ~~our~~the period ~~independent~~between ~~auditor~~November 6, ~~describing~~2009 ~~our~~and ~~internal~~September 13, ~~control~~2010 ~~procedures~~ and ~~any~~who ~~steps~~suffered ~~taken~~damages toas ~~deal~~a ~~with~~result ~~material~~of ~~control~~such purchases. ~~deficiencies~~The ~~and~~complaint ~~attesting~~alleges, toamong other things, that the ~~auditor~~Company’s ~~independence~~financial results and financial ~~describing~~statements ~~all~~during ~~relationships~~the ~~between~~relevant ~~the~~period ~~auditor~~were ~~and~~materially ~~us;~~false •and ~~reviewing~~misleading ~~our~~because ~~annual~~the Company ~~audited~~failed ~~financial~~to ~~statements~~disclose ~~and~~that ~~quarterly~~(1) the ~~financial~~authenticity ~~statements~~of ~~with~~certain ~~management~~of ~~and~~the ~~our~~Company’s ~~independent~~expenses ~~auditor;~~related to •advertising ~~preparing~~and ~~the~~tradeshow ~~disclosure~~costs ~~required~~could bynot ~~Item~~be ~~407~~verified; (d2)~~(3)(i)~~ the ofCompany ~~Regulation~~had ~~S-K;~~improper •relationships ~~reviewing~~with certain vendors and ~~approving~~distributors; ~~all~~and ~~proposed~~(3) the ~~related~~Company ~~party~~lacked ~~transactions;~~adequate •internal ~~reviewing~~and ~~our~~financial ~~policies~~controls. There ~~with~~is ~~respect~~not toa ~~risk~~time ~~assessment~~requirement ~~and~~on ~~risk~~the ~~management;~~Company’s •response ~~meeting~~to ~~separately~~the ~~and~~complaint. The ~~periodically~~Company ~~with~~has ~~management~~not ~~and~~yet ~~our~~responded ~~independent~~to ~~auditor;~~the ~~and~~complaint, •but ~~reporting~~intends ~~regularly~~ to ~~our~~contest ~~board~~the ofallegations ~~directors~~and to defend itself vigorously.

~~Compensation Committee~~2

~~Our~~SEC ~~Compensation Committee assists the board of directors in reviewing and approving the~~Investigation compensation structure of our directors and executive officers, including all forms of compensation to be provided to our directors and executive officers. In addition, the compensation committee reviews stock compensation arrangements for all of our other employees. Members of the Compensation Committee are not prohibited from direct involvement in determining their own compensation. Our Chief Executive Officer will not be permitted to be present at any committee meeting during which his compensation is deliberated. Our Compensation Committee consists of Sik Siu Kwan, Chui Man Lung and Cai Lianjun, with Sik Siu Kwan serving as the chairman of the Compensation Committee.

~~Our~~In ~~Compensation~~November 2010, ~~Committee~~the staff of the U.S. Securities and Exchange Commission (“SEC”) notified the Company that, on October 7, 2010, the SEC initiated a formal investigation into whether the Company had engaged in fraud in the sale of securities, had filed materially false documents with the SEC, had failed to maintain adequate books and records, and had failed to maintain an adequate system of internal accounting controls, and whether the Company’s principal officers had made false certifications regarding the Company’s financial statements, and had engaged in deceit in dealings with the Company’s external auditor. On November 10, 2010, the SEC served the Company a subpoena for documents relating to the Company’s termination of Deloitte, the Company’s revenues and costs generally, and the Company’s relationship with Duoyuan Global Water, Inc. The Company is ~~responsible~~committed to cooperating with the SEC and is in the process of providing documents called for by the subpoena. In addition, ~~among~~the Company has voluntarily undertaken several cooperative steps above and beyond subpoena compliance. Among other things:, the Company waived its rights under Chinese law, and has allowed Deloitte to provide information to the SEC about the Company’s audit.

•There ~~reviewing~~is ~~and~~no ~~approving~~set ~~corporate~~deliverable ~~goals~~date ~~and~~for ~~objectives~~the ~~relevant~~response to ~~the~~this ~~compensation~~SEC subpoena. ofIt ~~our~~is ~~chief~~not ~~executive~~possible ~~officer,~~at ~~evaluating the performance of our chief executive officer in light of those goals and objectives and setting the compensation level of our chief executive officer based on~~ this ~~evaluation;~~time ~~• reviewing and making recommendations~~ to ~~the~~predict ~~board with respect to~~ the ~~compensation~~outcome of ~~our~~the ~~executives~~SEC investigation, ~~incentive~~including whether ~~compensation~~or ~~and~~when ~~equity-based~~any ~~plans~~proceedings ~~that~~might ~~are~~be ~~subject~~initiated, towhen ~~board~~these ~~approval;~~matters •may ~~preparing~~be ~~the~~resolved ~~disclosure~~or ~~required~~what, byif any, ~~Item~~penalties ~~407(e)(5)~~or ofother ~~Regulation~~remedies ~~S-K;~~may ~~and~~be ~~• providing annual performance evaluations of the compensation committee~~imposed.

~~Nominating~~Status ~~and~~of ~~Corporate~~Internal ~~Governance Committee~~ Investigation

~~Our~~In ~~Nominating~~late ~~and~~November, ~~Corporate~~2010, ~~Governance Committee assists~~ the ~~board~~Company ofretained ~~directors~~Baker ~~in identifying~~& ~~and~~McKenzie ~~selecting or recommending individuals qualified~~ to ~~become~~conduct ~~our~~an ~~directors, developing~~internal ~~and~~investigation ~~recommending~~into ~~corporate~~the ~~governance~~matters ~~principles~~relating ~~and~~to ~~overseeing~~ the ~~evaluation~~Company’s oftermination ~~our board~~ of ~~directors~~Deloitte, ~~and~~the ~~management.~~matters ~~Our~~raised ~~Nominating~~by ~~and~~the ~~Corporate~~class ~~Governance~~action ~~Committee~~lawsuit, ~~consists~~and ofthe ~~Chui~~matters ~~Man~~raised ~~Lung,~~by ~~Cai~~the ~~Lianjun~~SEC ~~and~~investigation. ~~Sik~~Soon ~~Siu Kwan~~thereafter, ~~with~~Baker ~~Chui~~retained ~~Man~~PricewaterhouseCoopers ~~Lung~~Ltd. ~~serving~~(“PwC”) as ~~the~~a ~~chairman~~forensic ofconsultant ~~the~~to ~~Nominating~~assist in ~~and~~the ~~Corporate~~internal ~~Governance Committee~~investigation.

~~Our~~In ~~Nominating~~order to maximize independence, day-to-day supervision of the internal investigation was delegated to the Audit Committee of the Board of the Company, in the person of Mr. Chui, who joined the Board and ~~Corporate~~the ~~Governance~~Audit Committee isfollowing ~~responsible~~the ~~for~~decision to dismiss Deloitte, ~~among~~has ~~other~~an ~~things:~~accounting background and is familiar with issues that arise in the context of audits and disagreements with audit firms.

•Since ~~selecting and recommending to our board nominees for election or re-election to our board~~December 2010, orBaker for appointment to fill any vacancy; • reviewing annually with our board the current composition of the board of directors with regards to characteristics such as independence, age, skills, experience and ~~availability~~PwC ofhave ~~service~~been tocollecting ~~us; • selecting~~ and ~~recommending~~reviewing todocuments ~~our board the names of directors to serve as members of the audit committee~~ and ~~the~~interviewing relevant ~~compensation~~employees ~~committee, as well as the nominating~~ and ~~corporate~~third ~~governance~~parties. ~~committee~~So itself; • advising our board of directors periodically with regards to significant developments in the law and practice of corporate governance as well as our compliance with applicable laws and regulationsfar, ~~and~~thousands ~~making recommendations to our board~~ of ~~directors~~pages ~~on all matters~~ of ~~corporate~~documents ~~governance~~have ~~and~~been ~~on any remedial action to be taken;~~ reviewed and •more ~~monitoring~~than ~~compliance~~twenty ~~with~~interviews ~~our~~conducted. ~~code~~Substantial ofprogress ~~business~~has ~~conduct~~been ~~and ethics~~made, ~~including~~but ~~reviewing~~ the investigation ~~adequacy~~is ~~and~~not ~~effectiveness of our procedures to ensure proper compliance~~complete.

~~Corporate~~Without ~~Governance~~a ~~Guidelines~~substantially completed internal investigation, the Company is unable to retain a new external auditor. At the time of the dismissal of Deloitte, the Company was in discussion with an auditing firm to replace Deloitte. That auditing firm and others have indicated to the Company that they would not accept an appointment as the Company’s auditor until the internal investigation is substantially completed and comfort on the outstanding issues is offered.

WePossibility ~~have adopted Corporate Governance Guidelines that address the composition~~ of ~~our board of~~Delisting directors, criteria for membership on our board of directors and other governance matters related to our board of directors. Our director nomination process is also set forth in our Corporate Governance Guidelines. A copy of our Corporate Governance Guidelines is available under the Investor Relations section of our website at www.duoyuan.com. The information contained on our website is not incorporated by reference into this current report.

~~Code~~The ofCompany ~~Business~~last ~~Conduct~~filed an Annual Report on Form 10-K for the fiscal year ended June 30, 2009 and ~~Ethics~~a Quarterly Report on Form 10-Q for the quarter ended March 31, 2010.

WeFollowing ~~have~~the ~~adopted~~dismissal ~~a Code~~ of ~~Business Conduct and Ethics that applies to all of our officers~~Deloitte, ~~directors~~ ~~and employees. A copy of our Code of Business Conduct and Ethics is available on~~ the ~~Investor~~ ~~Relations~~Company ~~section~~has ofbeen ~~our~~unable ~~website at www.duoyuan.com. The information contained on our website is not incorporated by reference into this current report. If we make any substantive amendments~~ to ~~the~~fulfil ~~code~~its orobligations ~~grant any waiver from a provision of the code~~ to ~~any executive officer or~~ ~~director,~~file weits ~~will~~Annual ~~promptly~~Report ~~disclose~~on ~~the~~Form ~~nature~~10-K offor the ~~amendment~~year orended ~~waiver~~June 30, on2010 ~~our~~by ~~website~~October 13, as2010 ~~well~~(the as“Filing ~~via~~Due ~~any other means required by applicable law~~Date”).

Accordingly, the Company is not in compliance with its obligations to timely file reports for transition periods pursuant to Rule 13a-10 of the Securities Exchange Act of 1934. According to Section 802.01E of the New York Stock Exchange Listed Company Manual (the “Listed Company Manual”), the Company has an initial six-month period following the Filing Due Date to comply with the filing requirements subject to the NYSE monitoring the status of the Company’s filing. On April 13, 2011 this initial six-month period is to expire. The Company does not expect to be able to meet this initial time requirement and the Company will need to formally request to the NYSE for an additional trading extension well in advance of that date. The Company intends to formally request such a trading extension. There is no guarantee that any additional trading extension will be granted by the NYSE and the NYSE may decide to commence suspension and delisting procedures of the Company at any time in accordance with Section 804.00 of the Listed Company Manual at its discretion pursuant to Section 802.01E of the Listed Company Manual.

Status of the Company

Notwithstanding the events listed above, the Company remains in operation under the guidance of Xiqing Diao, the Company’s CEO, and the balance of the management team.

Cautionary Statement Regarding Forward -Looking Statements

The Current Report on Form 8-K contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 that involve risks, uncertainties and assumptions. The forward-looking statements in this Current Report on Form 8-K are not historical facts, do not constitute guarantees of future events or performance and are based on numerous assumptions which, while believed to be reasonable, may not prove to be accurate. These forward-looking statements include, but are not limited to the Company’s future financial condition, the Company’s expected corporate governance improvements, the schedule and result of the Company’s independent investigation, the future growth of the Company’s business, and the Company’s ability to resolve open audit issues and schedule of the filing of its annual report. The forward-looking statements in this Current Report on Form 8-K do not constitute guarantees of future performance and involve a number of factors that could cause actual results to differ materially, including risks associated with the willingness of another accounting firm to accept the engagement, whether the Company will complete our audit on a timely basis, whether the Company can improve its internal controls over financial reporting, and other risk factors. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

	DUOYUAN PRINTING, INC.
Date: March 15, 2011	By:	/s/Xiqing Diao
Date: March 18, 2011	By:	/s/ Xiqing Diao
		Name:	Xiqing Diao
		Title:	Chief Executive Officer

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