cyip10ksb0331.htm
SECURITIES
& EXCHANGE COMMISSION
WASHINGTON,
D.C. 20549
FORM
12b-25
Notification
of Late Filing
CHINA
YILI PETROLEUM COMPANY
Commission
File Number 001-51554
(Check
one)
[X]
Form 10-K and Form 10-KSB [
] Form 11-K [
] Form 20-F
[
] Form 10-Q and Form 10-QSB [
] Form N-SAR [
] Form N-CSR
For
the period ended: December 31, 2007
[
] Transition Report on Form 10-K and Form 10-KSB
[
] Transition Report on Form 20-F
[
] Transition Report on Form 11-K
[
] Transition Report on Form 10-Q and Form 10-QSB
[
] Transition Report on Form N-SAR
For
the transition period ended: _ _ _ _ _ _ _ _
_
Nothing
in this form shall be construed to imply that the Commission has verified any
information contained herein.
If the
notification relates to a portion of the filing checked above, identify the
item(s) to which the notification relates:
PART
I
REGISTRANT
INFORMATION
Full name
of Registrant CHINA YILI PETROLEUM
COMPANY
Former
name, if applicable _ _ _ _ _ _ _ _ _ _ _
_ _ _ _ _ _ _ _ _ _
c/o
American Union Securities, Inc.
100 Wall
Street, 15th Floor,
New York, NY 10005
------------------------------------------------
Address
of principal executive office
PART
II
If the
subject report could not be filed without unreasonable effort or expense and the
registrant seeks relief pursuant to Rule 12b-25(b), the following should be
completed. (Check box id appropriate) [X]
(a) The
reasons described in reasonable detail in Part III of this form could not be
eliminated without unreasonable effort or expense;
(b) The
subject annual report, semi-annual report, transition report on Form
10-K
10-KSB, 20-F, 11-K, Form N-SAR or Form N-CSR, or portion thereof will be filed
on or before the 15th calendar day following the prescribed due date; or the
subject quarterly report or transition report on Form 10-Q, 10-QSB, or portion
thereof will be filed on or before the fifth calendar day following the
prescribed due date; and
(c) The
accountant's statement or other exhibit required by Rule 12b-25(c)
has been attached if applicable.
PART
III
NARRATIVE
China
Yili Petroleum Company is unable to file its Annual Report on Form 10-KSB within
the required time because there was a delay in completing the adjustments
necessary to close its books for the year.
PART
IV
OTHER
INFORMATION
(1) Name
and telephone number of person to contact in regard to this
notification:
Peter
Zhou 212-232-0120
(2) Have
all other periodic reports required under Section 13 or 15(d) or the Securities
Exchange Act of 1934 or Section 30 of the Investment Company Act of 1940 during
the preceding 12 months or for such shorter period that the registrant was
required to file such report(s) been filed. Yes
[X] No [ ]
(3) Is it
anticipated that any significant change in results of operations from the
correspond period for the last fiscal year will be reflected by the earnings
statements to be included in the subject report or portion thereof.
Yes [ ] No [ X ]
If so,
attach an explanation of the anticipated change, both narratively and
quantitatively, and, if appropriate, state the reasons why a reasonable estimate
of the results cannot be made.
CHINA YILI PETROLEUM
COMPANY
Name of
Registrant as Specified in its Charter
Has
caused this notification to be signed on its behalf by the
undersigned
thereunto
duly authorized.
Date: March
31,
2008 By:
/s/ Chunshi Li
Chunshi Li, President