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

FORM 8-K

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

Date of Report (Date of Earliest event Reported): ~~October~~August 1830, ~~2010~~2011 (~~August~~July 1614, ~~2010~~2009)

CHINA TMK BATTERY SYSTEMS INC.
(Exact name of registrant as specified in its charter)

Nevada	333-139660	98-0506246
(State or other jurisdiction of	(Commission File Number)	(IRS Employer Identification No.)
incorporation or organization)

Sanjun Industrial ~~ParkNo~~Park No. 2 Huawang Rd., Dalang ~~StreetBao~~Street Bao'an District, Shenzhen ~~518109People~~518109 People's Republic of of China (Address of principal executive offices)

(86) 755 28109908
(Registrant's telephone number, including area code)

____________________________________________(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 (see General Instruction A.2. below):

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d- 2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e- 4(c))

Item 41.0201. ~~Non-Reliance~~Entry onInto ~~Previously Issued Financial Statements or~~ a ~~Related~~Material ~~Audit~~Definitive ~~Report or Completed Interim Review~~Agreement.

On ~~August~~July 1614, ~~2010~~2009, the ~~board~~local State Administration for Industry and Commerce (the “AIC”) of ~~directors~~the People's Republic of China (the “PRC”) approved the acquisition of a 100% ownership interest of Shenzhen Borou Industrial Co., Ltd. (“Borou”) by TMK ~~Battery~~Power Industries (SZ) Co., Ltd. (“TMK”), the operating subsidiary of China TMK Battery Systems Inc. (the “Company”),. ~~after~~The ~~consultation~~transaction was ~~with~~consummated ~~and~~pursuant ~~upon~~to ~~recommendation from~~a ~~management~~property ofpurchase ~~the~~agreement, ~~Company~~dated October 10, 2008, ~~determined~~between ~~that~~Shenzhen ~~the~~Deli ~~Company’s~~Investment ~~previously~~Development ~~issued unaudited~~Ltd. ~~financial~~, ~~statements~~Borou ~~for~~and Ming Yang, the ~~quarter~~controlling ~~ended~~shareholder ~~March~~of 31Borou at the time, ~~2010~~as ~~included~~amended inby a supplemental ~~its~~agreement ~~Quarterly~~of ~~Report~~ownership ontransfer, ~~Form~~dated January 10-Q, ~~filed~~2009, ~~with~~by ~~the~~and ~~Securities~~among, TMK, Borou.and ~~Exchange Commission~~Ming onYang, ~~May~~and ~~24,~~a ~~2010~~second ~~(the~~supplemental ~~“Original~~agreement ~~Filing”)~~of ~~should~~ownership notransfer, dated ~~longer~~July be25, ~~relied upon~~2009, by and ~~that~~between ~~disclosure~~TMK ~~should~~and beBorou, ~~made~~pursuant ~~and~~to ~~action~~which ~~should~~TMK acquired beBorou ~~taken~~for toRMB ~~prevent future~~23,869,000 ~~reliance~~(or approximately $3,490,826).

~~The~~Borou ~~Company~~was ~~has~~incorporated ~~restated~~in ~~its financial statements for~~ the ~~quarter~~ ~~ended~~city ~~March 31, 2010 due to issues raised by its independent accountants, MaloneBailey, LLP ("MaloneBailey"), regarding the accounting treatment~~ of ~~certain reset provisions in warrants to purchase 3~~Shenzhen,~~401,320~~ ~~shares~~Guangdong ~~of the Company’s common stock (the “Warrants”)~~Province, ~~previously issued to investors in a February 10~~China, ~~2010 private placement (the “Private Placement”). The Warrants issued~~ in ~~the~~November ~~Private~~2003 ~~Placement include an anti-dilution provision~~ for ~~adjustment if~~ the ~~Company~~purpose ~~issues or sells any shares~~ of ~~common~~engaging ~~stock~~in ordomestic ~~securities convertible into common stock for a consideration per share of common stock less than the then current exercise price, which is currently $1.60 per share for private placement investors~~ and ~~$1.25~~international ~~per share for Hudson Securities, Inc~~trade. ~~and~~Borou ~~SHP~~owns ~~Securities~~one ~~LLC.~~office ~~Because~~unit ofin ~~the~~a ~~reset~~commercial ~~provision,~~building ~~the Warrants are not considered to be indexed to the Company’s stock~~ and ~~therefore the Warrants were determined to be~~ ~~derivative~~seven ~~liability~~retail ~~under ASC 815-15 and ASC 815-20. The question was raised in light of EITF 07-5~~shops, ~~“Determining~~which ~~Whether~~on anthe ~~Instrument~~acquisition ~~(or~~date ~~Embedded~~had ~~Feature) Is Indexed to~~ an ~~Entity’s~~aggregate ~~Own~~fair ~~Stock”~~value ~~(FASB ASC 815-15) (“ASC 815”) effective as~~ of ~~January~~approximately 1$4, ~~2009~~661,154, ~~which~~representing ~~outlines~~13% ~~new~~of ~~guidance~~the ~~for being indexed to an entity~~Company’s ~~own~~ ~~stock~~total ~~and~~assets ~~the resulting liability or equity classification based~~ on ~~that~~a ~~conclusion.~~consolidated ~~Reset~~basis ~~provisions~~as ~~reduce the exercise price~~ of aDecember ~~warrant~~31, ~~or convertible instrument if a company either issues new warrants or convertible instruments that have a lower exercise price~~2009.

The ~~board~~foregoing ofsummary ~~directors~~ of the ~~Company~~material ~~has~~terms ~~performed a complete assessment~~ of the ~~Warrants~~property purchase ~~and~~agreement ~~has~~as ~~concluded~~supplemented ~~that~~is ~~they~~qualified ~~are~~in ~~within~~its ~~the~~entirety ~~scope~~by ~~of EITF~~reference ~~07-5 due~~ to the ~~reset~~property ~~provisions~~purchase ~~included~~agreements inand ~~the~~supplements, ~~terms~~copies of ~~the~~which ~~agreements.~~are attached ~~Accordingly,~~hereto ~~EITF 07-5 should have been adopted~~ as ofExhibits ~~January~~ 10.1, ~~2009~~10.2 ~~by classifying~~and ~~the~~10.3, ~~Warrants as liability measured at fair value with changes in fair value recognized in earnings each reporting~~ and ~~recording~~incorporated ~~a cumulative-effect~~by ~~adjustment~~reference ~~to the opening balance of retained earnings~~herein. ~~The~~ ~~Company~~For ~~has~~more ~~calculated~~details ~~the~~regarding ~~fair value of~~ the ~~Warrants at the date~~ acquisition of ~~adoption, as~~Borou ~~well~~see as"Note at3 ~~the~~Acquisitions" ~~March~~to ~~31, 2010 reporting period, utilizing~~ the ~~Multinomial Lattice models. Based on its calculations and assessment of the materiality, the~~ Company’s ~~concluded~~audited ~~that its~~ financial statements for ~~the~~fiscal ~~quarter~~year ~~ended March 31,~~ 2010, included in the ~~Original~~Company’s ~~Filing~~10K ~~required~~filed ~~restatement~~on ~~and~~March ~~that~~31, ~~the Original Filing should be amended~~2011.

InItem ~~addition,~~2.01 ~~the~~Completion ~~weighted average number~~ of ~~common~~Acquisition ~~shares outstanding~~or isDisposition ~~being~~of ~~restated to correct a clerical error~~Assets.

~~The~~On ~~Company~~July ~~has~~14, ~~discussed the foregoing matters with MaloneBailey~~2009, ~~has restated~~ the Company’s ~~Quarterly~~subsidiary, ~~Report~~Shenzhen onTMK ~~Form 10-Q for the~~Power ~~quarter~~Industries ~~ended March 31~~Ltd., ~~2010,~~completed ~~and is filing an amendment to~~ the ~~Original~~acquisition ~~Filing on~~of or100% ~~about~~of the ~~date~~ownership interest of Shenzhen ~~this~~Borou ~~Current~~Industrial ~~Report~~Co., ~~on Form 8-K~~Ltd. ~~The~~As ~~restated~~a ~~financial information~~result ~~for~~of the ~~quarter ended March 31~~transaction, ~~2010,~~Borou ~~has also been incorporated in~~became the Company’s ~~Quarterly~~indirect ~~Report on Form 10~~wholly-Qowned ~~for~~subsidiary. ~~the~~Further ~~quarter~~information ~~ended June 30, 2010,~~regarding ~~and~~ the ~~Company’s~~acquisition ~~amended~~is ~~Registration~~provided ~~Statement~~above onunder ~~Form~~Item S-1,.01 ~~filed~~of ~~with~~this ~~the Commission~~Current ~~on August 23, 2010 (File No~~Report. ~~333-166749).~~

~~Except~~Item as9.01 ~~described~~Financial ~~above,~~Statement noand ~~additions or modifications will be made to reflect facts or events occurring subsequent to the date of the Original Filing~~Exhibits.

~~The~~(a) ~~impact~~Financial Statements of ~~the~~Businesses ~~error~~Acquired. ~~on the March 31, 2010 financial statements is reflected in the following tables:~~

		Originally
		Filed	Adjustment			Restated
March 31, 2010
Derivative liability	$	-	2,943,977		$	2,943,977
Total Liabilities		21,906,078	2,943,977			24,850,055
Stockholders' Equity
Additional paid-in capital		11,737,406	(1,218,744	)		10,518,662
Retained earnings (unrestricted)		11,817,894	(1,725,233	)		10,092,661
Total stockholders' equity		23,622,079	(2,943,977	)		20,678,102
Total Liabilities & Stockholders' Equity	$	45,528,157			$	45,528,157

The financial statements of Borou are attached hereto as Exhibit 99.1.

		Originally
		Filed		Adjustment			Restated
Three Months Ended March 31, 2010
Other income (expenses):
Change in fair value of embedded derivative		-		(1,725,233	)		(1,725,233	)
Total other expenses		(302,288	)	(1,725,233	)		(2,027,521	)
Income before income taxes		616,041		(1,725,233	)		(1,109,192	)
Net income	$	257,866		(1,725,233	)	$	(1,467,367	)
Comprehensive income	$	290,084		(1,725,233	)	$	(1,435,149	)
Weighted average shares outstanding
Basic		26,472,055		3,734,056			30,206,111
Diluted		26,849,979		4,460,335			31,310,314
Earnings per share - Basic	$	0.01		(0.06	)		(0.05	)
Earnings per share - Diluted	$	0.01		(0.06	)		(0.05	)

(b) Pro-forma Financial Information.

		Originally
		Filed			Adjustment			Restated
Three Months Ended March 31, 2010
Cash Flows From Operating Activities
Net income	$	257,866		$	(1,725,233	)	$	(1,467,367	)
Adjustments to reconcile net income to net cash
provided by operating activities:
Change in fair value of embedded derivative		-			1,725,233			1,725,233
Net cash used in (provided by) operating activities		(1,147,250	)					(1,147,250	)
Net cash used in investing activities		(5,874,237	)					(5,874,237	)
Net cash provided by financing activities		6,970,904						6,970,904
Effect of exchange rate changes on cash		154,354						154,354
Net increase (decrease) in cash and cash equivalents		103,771						103,771
Cash and cash equivalents, beginning of period		185,590						185,590
Cash and cash equivalents, end of period	$	289,361					$	289,361

The unaudited pro forma consolidated financial statements of the Company are also attached hereto as Exhibit 99.2.

Item 9.01.	Financial Statements and Exhibits.
(c)	Exhibits

(d) Exhibits

Exhibit No.	Description
Number	Description
7.1	Letter of MaloneBailey, LLP, dated October 18, 2010.
10.1	English Translation of Property Purchase Agreement, dated October 10, 2008, by and among, TMK Power Industries (SZ) Co., Ltd., Shenzhen Borou Industrial Co., Ltd. and Shenzhen Deli Investment Development Ltd.
10.2	English Translation of Supplemental Agreement of the Property Purchase Agreement, dated January 10, 2009, by and between, TMK Power Industries (SZ) Co., Ltd. and Shenzhen Borou Industrial Co., Ltd.
10.3	English Translation of Supplemental Agreement of Ownership Transfer on Acquisition of Borou, dated July 25, 2009, by and between, TMK Power Industries (SZ) Co., Ltd. and Wang, Hui (Shenzhen Borou Industrial Co., Ltd.)
23.1	Consent of MaloneBailey, LLP
99.1	Financial Statements of Shenzhen Borou Industrial Co., Ltd.
99.2	Unaudited Pro forma Consolidated Financial Statements of the Company

~~SIGNATURES~~SIGNATURE

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

Dated: October 18, 2010	CHINA TMK BATTERY SYSTEMS INC.
	CHINA TMK BATTERY SYSTEMS INC.
By:	/s/ Henian Wu
Dated: August 30, 2011	By: /s/ Jin Hu
	Henian Wu
	Jin Hu
	Chairman
	Chief Financial Officer

EXHIBIT INDEX

Exhibit No.	Description
Number	Description
7.1	Letter of MaloneBailey, LLP, dated October 18, 2010.
10.1	English Translation of Property Purchase Agreement, dated October 10, 2008, by and among, TMK Power Industries (SZ) Co., Ltd., Shenzhen Borou Industrial Co., Ltd. and Shenzhen Deli Investment Development Ltd.
10.2	English Translation of Supplemental Agreement of the Property Purchase Agreement, dated January 10, 2009, by and between, TMK Power Industries (SZ) Co., Ltd. and Shenzhen Borou Industrial Co., Ltd.
10.3	English Translation of Supplemental Agreement of Ownership Transfer on Acquisition of Borou, dated July 25, 2009, by and between, TMK Power Industries (SZ) Co., Ltd. and Wang, Hui (Shenzhen Borou Industrial Co., Ltd.)
23.1	Consent of MaloneBailey, LLP
99.1	Financial Statements of Shenzhen Borou Industrial Co., Ltd.
99.2	Unaudited Pro forma Consolidated Financial Statements of the Company

Filing Compare · China TMK Battery Systems Inc.