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     <TD noWrap align=center><B><FONT face=serif size=2>UNITED STATES</FONT></B><BR>
<B><FONT face=serif size=2>SECURITIES AND EXCHANGE COMMISSON</FONT></B><BR>
<B><FONT face=serif size=2>WASHINGTON, D.C. 20549</FONT></B></TD></TR></TABLE></P>
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     <TD noWrap align=center><B><FONT face=serif size=2>FORM S-8</FONT></B></TD></TR></TABLE></P>
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     <TD noWrap align=center><B><FONT face=serif size=2>REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933</FONT></B></TD></TR></TABLE></P>
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     <TD noWrap align=center><B><U><FONT face=serif size=5>CHINA ENERGY CORPORATION</FONT></U></B></TD></TR></TABLE></P>
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     <TD noWrap align=center><FONT face=serif size=2>(Exact name of registrant as specified in its charter)</FONT></TD></TR></TABLE></P>
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     <TD noWrap align=center><B><FONT face=serif size=2>&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <U>Nevada</U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <U>98-0522950</U></FONT></B><BR>
<FONT face=serif size=2>(State or other jurisdiction of incorporation or organization)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (I.R.S. Employer Identification Number)</FONT></TD></TR></TABLE></P>
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     <TD noWrap align=center><B><U><FONT face=serif size=2>6130 Elton Avenue, Las Vegas, NV, 89107</FONT></U></B><BR>
<FONT face=serif size=2>(Address of Principal Executive Office, including zip code)</FONT></TD></TR></TABLE></P>
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     <TD noWrap align=center><B><U><FONT face=serif size=2>2008 STOCK OPTION PLAN</FONT></U></B><BR>
<FONT face=serif size=2>(Full Title of the Plan)</FONT></TD></TR></TABLE></P>
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     <TD noWrap align=center><U><FONT face=serif size=2>Magnum Group International Inc.</FONT></U><BR>
<U><FONT face=serif size=2>67 Wall Street, 22</FONT></U><U><SUP><FONT face=serif size=2>nd</FONT></SUP></U> <U><FONT face=serif size=2>Floor, NY, New York, 10005-3198</FONT></U><BR>
<FONT face=serif size=2>(Name and Address of Agent for Service)</FONT><BR>
<B><U><FONT face=serif size=2>1-888-597-8899</FONT></U></B><BR>
<FONT face=serif size=2>(Telephone number, including area code, of agent for service)</FONT></TD></TR></TABLE></P>
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     <TD noWrap align=center><FONT face=serif size=2>Copies of all communications should be sent to:</FONT></TD></TR></TABLE></P>
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     <TD noWrap align=center><FONT face=serif size=2>WenXiang Ding</FONT><BR>
<FONT face=serif size=2>C/O Magnum Group International Inc.</FONT><BR>
<FONT face=serif size=2>67 Wall Street, 22</FONT><SUP><FONT face=serif size=2>nd</FONT></SUP> <FONT face=serif size=2>Floor, NY, New York, 10005-3198</FONT></TD></TR></TABLE></P>
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     <TD align=center width="99%" colSpan=5><B><FONT face=serif size=2>Calculation of Registration Fee</FONT></B></TD></TR>
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     <TD align=center width="14%" bgColor=#e6e6e6>&nbsp;</TD>
     <TD align=center width="16%" bgColor=#e6e6e6>&nbsp;</TD>
     <TD align=center width="37%" bgColor=#e6e6e6><FONT face=serif size=2>Proposed Maximum</FONT></TD>
     <TD align=center width="19%" bgColor=#e6e6e6><FONT face=serif size=2>Proposed Maximum</FONT></TD>
     <TD align=center width="13%" bgColor=#e6e6e6>&nbsp;</TD></TR>
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     <TD align=center width="14%" bgColor=#e6e6e6><FONT face=serif size=2>Title of Securities </FONT></TD>
     <TD align=center width="16%" background="" bgColor=#e6e6e6><FONT size=2>Amount to be</FONT>&nbsp;</TD>
     <TD align=center width="37%" bgColor=#e6e6e6><FONT face=serif size=2>Offering Price</FONT></TD>
     <TD align=center width="19%" bgColor=#e6e6e6><FONT face=serif size=2>Aggregate Offering</FONT></TD>
     <TD align=center width="13%" bgColor=#e6e6e6><FONT face=serif size=2>Amount of</FONT></TD></TR>
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     <TD align=center width="14%" bgColor=#e6e6e6><FONT face=serif size=2>to be Registered</FONT></TD>
     <TD align=center width="16%" bgColor=#e6e6e6><FONT face=serif size=2>Registered</FONT></TD>
     <TD align=center width="37%" bgColor=#e6e6e6><FONT face=serif size=2>Per Share</FONT></TD>
     <TD align=center width="19%" bgColor=#e6e6e6><FONT face=serif size=2>Price</FONT></TD>
     <TD align=center width="13%" bgColor=#e6e6e6><FONT face=serif size=2>Registration Fee</FONT></TD></TR>
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     <TD align=left width="14%" bgColor=#dffffe><FONT face=serif size=2>Common Stock</FONT></TD>
     <TD align=center width="16%" bgColor=#dffffe><FONT face=serif size=2>4,500,000</FONT></TD>
     <TD align=center width="37%" bgColor=#dffffe><FONT face=serif size=2>$0.30</FONT></TD>
     <TD align=center width="19%" bgColor=#dffffe><FONT face=serif size=2>$1,350,000</FONT></TD>
     <TD align=center width="13%" bgColor=#dffffe><FONT face=serif size=2>$53.05</FONT></TD></TR></TABLE><BR>
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     <TD vAlign=top noWrap><FONT face=serif size=2>(1)</FONT>&nbsp; &nbsp; &nbsp;</TD>
     <TD width="100%"><FONT face=serif size=2>The 2008 Stock Option Plan authorizes the issuance of a maximum of 4,500,000 shares of our common stock pursuant to stock options granted to eligible employees, directors, officers and consultants of our company or any of our subsidiaries.</FONT></TD></TR>
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     <TD width="100%"><FONT face=serif size=2>All of the shares issuable under the 2008 Stock Option Plan are being registered under this registration statement on Form S-8.</FONT></TD></TR>
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     <TD vAlign=top noWrap><FONT face=serif size=2>(2)</FONT>&nbsp; &nbsp; &nbsp;</TD>
     <TD width="100%"><FONT face=serif size=2>The price is estimated in accordance with Rule 457(h)(1) under the</FONT> <I><FONT face=serif size=2>Securities Act of 1933</FONT></I><FONT face=serif size=2>, solely for the purpose of calculating the registration fee, based on the average of the high and low price of our common stock as reported on the National Association of Securities Dealers Inc.'s OTC Bulletin Board on February 12, 2008.</FONT></TD></TR>
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     <TD noWrap><FONT face=serif size=1>- 1 -</FONT></TD></TR></TABLE></P>
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     <TD noWrap align=center><B><FONT face=serif size=2>EXPLANATORY NOTE</FONT></B></TD></TR></TABLE></P>
<P align=left><FONT face=serif size=2>We prepared this registration statement in accordance with the requirements of Form S-8 under the </FONT><I><FONT face=serif size=2>Securities Act of 1933</FONT></I><FONT face=serif size=2>, to register an aggregate of 4,500,000 shares of our common stock which may be issued pursuant to our 2008 Stock Option Plan. The purpose of the 2008 Stock Option Plan is to secure for our company and our shareholders the benefits arising from capital stock ownership by employees, directors or officers of, and consultants or advisors to, our company and subsidiary corporations who have contributed to our company in the past and who are expected to contribute to our company's future growth and success.</FONT></P>
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     <TD noWrap align=center><B><FONT face=serif size=2>Part I</FONT></B></TD></TR></TABLE></P>
<P align=center><B><FONT face=serif size=2>INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS</FONT></B></P>
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     <TD noWrap><B><FONT face=serif size=2>Item 1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Plan Information</FONT></B></TD></TR></TABLE></P>
<P align=left><FONT face=serif size=2>We will send or give the documents containing the information specified in Part I of Form S-8 to individuals who participate in our 2008 Stock Option Plan, and who, in the case of an award of stock options, consent to and execute the required form of Stock Option Agreement. A copy of the 2008 Stock Option Plan is attached as Exhibit 4.1 to this Form S-8.</FONT></P>
<P align=left><FONT face=serif size=2>This registration statement relates to a maximum of 4,500,000 common shares in our capital stock issuable pursuant to the exercise of options granted under the 2008 Stock Option Plan.</FONT></P>
<P align=left><B><FONT face=serif size=2>Item 2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Registrant Information and Employee Plan Annual Information</FONT></B></P>
<P align=left><FONT face=serif size=2>We will provide, without charge, to each person to whom a copy of this 10(a) prospectus is delivered, upon oral or written request, a copy of any or all documents incorporated by reference in Item 3 of Part II of this registration statement (which documents are incorporated by reference in the 10(a) prospectus). Requests should be directed to the WenXiang Ding, President of China Energy Corporation, care of Magnum Group International Inc., 67 Wall Street, 22</FONT><SUP><FONT face=serif size=2>nd</FONT></SUP><FONT face=serif size=2> Floor, NY, New York, 10005-3198.</FONT></P>
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     <TD noWrap align=center><B><FONT face=serif size=2>Part II</FONT></B></TD></TR></TABLE></P>
<P align=center><B><FONT face=serif size=2>INFORMATION REQUIRED IN THE REGISTRATION STATEMENT</FONT></B></P>
<P align=left><B><FONT face=serif size=2>Item 3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><U><FONT face=serif size=2>Incorporation of Documents by Reference</FONT></U></B></P>
<P align=left><FONT face=serif size=2>The SEC allows us to "</FONT><I><FONT face=serif size=2>incorporate by reference</FONT></I><FONT face=serif size=2>" information into this registration statement, which means that we can disclose important information to you by referring you to another document filed separately with the SEC. The information incorporated by reference is deemed to be part of this registration statement, except for any information superseded by information in this registration statement.</FONT></P>
<P align=left><FONT face=serif size=2>The following documents filed by our company with the United States Securities and Exchange Commission (the "</FONT><I><FONT face=serif size=2>SEC</FONT></I><FONT face=serif size=2>") are incorporated herein by reference:</FONT></P>
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     <TD vAlign=top noWrap><FONT face=serif size=2>(a)</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%"><FONT face=serif size=2>Our latest Annual Report on Form 10-KSB for the year ended November 30, 2006, filed on March 15, 2007;</FONT> </TD></TR>
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     <TD vAlign=top noWrap><FONT face=serif size=2>(b)</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%"><FONT face=serif size=2>All other reports and proxy statements filed pursuant to Section 13(a) or 15(d) of the Securities Exchange Act of 1934 since the end of the fiscal year covered by the Form 10-KSB referred to in (a) above, including reports on Form 8-K; and</FONT> </TD></TR>
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     <TD vAlign=top noWrap><FONT face=serif size=2>(c)</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%"><FONT face=serif size=2>The description of our company's common stock contained in our registration statement on Form SB- 2 (SEC file number 333-128608), filed with the SEC on September 27, 2005, including all amendments and reports for the purpose of updating such description.</FONT> </TD></TR>
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<P align=left><FONT face=serif size=2>In addition to the foregoing, all documents that we subsequently file pursuant to Sections 13(a), 13(c), 14 and 15(d) of the </FONT><I><FONT face=serif size=2>Securities Exchange Act of 1934</FONT></I><FONT face=serif size=2>, prior to the filing of a post-effective amendment indicating that all of the securities offered pursuant to this registration statement have been sold or deregistering all securities then remaining unsold, shall be deemed to be incorporated by reference in this registration statement and to be part hereof from the date of filing of such documents.</FONT></P>
<P align=left><FONT face=serif size=2>Any statement contained in a document incorporated by reference in this registration statement shall be deemed to be modified or superseded for purposes of this registration statement to the extent that a statement contained in this registration statement or in any subsequently filed document that is also incorporated by reference in this registration statement modifies or supersedes such statement. Any statement so modified or superseded shall not be deemed, except as so modified or superseded, to constitute a part of this registration statement.</FONT></P>
<P align=left><FONT face=serif size=2>You may read and copy any reports, statements or other information we have filed at the SEC's Public Reference Room at 100 F Street N.E., Washington, D.C. 20549-2521. Please call the SEC at 1-800-SEC-0330 for further information on the Public Reference Rooms. Our filings are also available on the Internet at the SEC's website at </FONT><U><FONT face=serif color=#808000 size=2>http://www.sec.gov</FONT></U><FONT face=serif size=2>. </FONT></P>
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     <TD noWrap><B><FONT face=serif size=2>Item 4.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><U><FONT face=serif size=2>Description of Securities</FONT></U></B></TD></TR></TABLE></P>
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     <TD noWrap><FONT face=serif size=2>Not applicable.</FONT></TD></TR></TABLE></P>
<P align=left><B><FONT face=serif size=2>Item 5.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp; </FONT></B><B><U><FONT face=serif size=2>Interests of Named Experts and Counsel</FONT></U></B></P>
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     <TD noWrap><FONT face=serif size=2>Not applicable.</FONT></TD></TR></TABLE></P>
<P align=left><B><FONT face=serif size=2>Item 6.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><U><FONT face=serif size=2>Indemnification of Directors and Officers</FONT></U></B></P>
<P align=left><FONT face=serif size=2>Pursuant to our articles of incorporation and the laws of the state of Nevada, we may indemnify an officer or director who is made a party to any proceeding, including a lawsuit, because of his position, if he acted in good faith and in a manner he reasonably believed to be in our best interest. In certain cases, we may advance expenses incurred in defending any such proceeding. To the extent that the officer or director is successful on the merits in any such proceeding as to which such person is to be indemnified, we must indemnify him against all expenses incurred, including attorney's fees. With respect to a derivative action, indemnity may be made only for expenses actually and reasonably incurred in defending the proceeding, and if the officer or director is judged liable, only by a court order. The indemnification is intended to be to the fullest extent permitted by the laws of the state of Nevada. </FONT></P>
<P align=left><FONT face=serif size=2>Regarding indemnification for liabilities arising under the Act which may be permitted to directors or officers pursuant to the foregoing provisions, we are informed that, in the opinion of the SEC, such indemnification is against public policy, as expressed in the Act and is, therefore, unenforceable.</FONT></P>
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<P align=left><B><FONT face=serif size=2>Item 7.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><U><FONT face=serif size=2>Exemption from Registration Claimed</FONT></U></B></P>
<P align=left><FONT face=serif size=2>Not applicable.</FONT></P>
<P align=left><B><FONT face=serif size=2>Item 8.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><U><FONT face=serif size=2>Exhibits</FONT></U></B></P>
<P align=left><FONT face=serif size=2>See Exhibit Index immediately following the signature page.</FONT></P>
<P align=left><B><FONT face=serif size=2>Item 9.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><U><FONT face=serif size=2>Undertakings.</FONT></U></B></P>
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     <TD vAlign=top noWrap><FONT face=serif size=2>(a)</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%" colSpan=3><FONT face=serif size=2>We hereby undertake:</FONT> </TD></TR>
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     <TD vAlign=top noWrap><FONT face=serif size=2>1.</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%" colSpan=2><FONT face=serif size=2>To file, during any period in which offers or sales are being made, a post-effective amendment to this registration statement:</FONT> </TD></TR>
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     <TD vAlign=top noWrap><FONT face=serif size=2>(i)</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%"><FONT face=serif size=2>To include any prospectus required by Section 10(a)(3) of the </FONT><I><FONT face=serif size=2>Securities Act of 1933</FONT></I><FONT face=serif size=2>;</FONT> </TD></TR>
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     <TD vAlign=top noWrap><FONT face=serif size=2>(ii)</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%"><FONT face=serif size=2>To reflect in the prospectus any facts or events arising after the effective date of the registration statement (or the most recent post-effective amendment thereof) which, individually or in the aggregate, represent a fundamental change in the information set forth in the registration statement. Notwithstanding the foregoing, any increase or decrease in volume of securities offered (if the total dollar value of securities offered would not exceed that which was registered) and any deviation from the low or high end of the estimated maximum offering range may be reflected in the form of prospectus filed with the Commission pursuant to Rule 424(b) if, in the aggregate, the changes in volume and price represent no more than 20% change in the maximum aggregate offering price set forth in the "</FONT><I><FONT face=serif size=2>Calculation of Registration Fee</FONT></I><FONT face=serif size=2>" table in the effective registration statement.</FONT> </TD></TR>
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     <TD vAlign=top noWrap><FONT face=serif size=2>(iii)</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%"><FONT face=serif size=2>To include any material information with respect to the plan of distribution not previously disclosed in the registration statement or any material change to such information in the registration statement; </FONT><I><FONT face=serif size=2>provided, however, </FONT></I><FONT face=serif size=2>that paragraphs (a)1(i) and (a)(1)(ii) of this section do not apply if the registration statement is on Form S-3, Form S- 8 or Form F-3, and the information required to be included in a post-effective amendment by those paragraphs is contained in periodic reports filed with or furnished to the SEC by the registrant pursuant to section 13 or section 15(d) of the </FONT><I><FONT face=serif size=2>Securities Exchange Act of 1934 </FONT></I><FONT face=serif size=2>that are incorporated by reference in the registration statement.</FONT> </TD></TR>
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     <TD vAlign=top noWrap>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp; </TD>
     <TD vAlign=top noWrap background=""><FONT size=2>2.</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </TD>
     <TD width="100%"><FONT face=serif size=2>That, for the purpose of determining any liability under the </FONT><I><FONT face=serif size=2>Securities Act of 1933</FONT></I><FONT face=serif size=2>, each such post-effective amendment shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at the time shall be deemed to be the initial bona fide offering thereof.</FONT> </TD></TR>
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     <TD width="100%" colSpan=3>&nbsp;</TD></TR>
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     <TD vAlign=top noWrap>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </TD>
     <TD vAlign=top noWrap background=""><FONT size=2>3.</FONT></TD>
     <TD width="100%"><FONT face=serif size=2>To remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the termination of the offering.</FONT> </TD></TR>
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     <TD vAlign=top noWrap><FONT face=serif size=2>(b)</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%"><FONT face=serif size=2>We hereby undertake that, for purposes of determining any liability under the </FONT><I><FONT face=serif size=2>Securities Act of 1933</FONT></I><FONT face=serif size=2>, each filing of our annual report pursuant to Section 13(a) or 15(d) of the </FONT><I><FONT face=serif size=2>Securities Exchange Act of 1934 </FONT></I><FONT face=serif size=2>that is incorporated by reference in this registration statement shall be deemed to be a new registration statement relating to the securities offered herein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.</FONT> </TD></TR>
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     <TD vAlign=top noWrap><FONT face=serif size=2>(c)</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%"><FONT face=serif size=2>Insofar as indemnification for liabilities arising under the </FONT><I><FONT face=serif size=2>Securities Act of 1933 </FONT></I><FONT face=serif size=2>may be permitted to directors, officers and persons controlling our company pursuant to the foregoing provisions, or otherwise, we have been advised that in the opinion of the SEC such indemnification is against</FONT> </TD></TR>
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<P align=left><FONT face=serif size=2>public policy as expressed in the </FONT><I><FONT face=serif size=2>Securities Act of 1933 </FONT></I><FONT face=serif size=2>and is, therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by our company of expenses incurred or paid by a director, officer or controlling person of our company in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, our company will, unless in the opinion of our counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by us is against public policy as expressed in the </FONT><I><FONT face=serif size=2>Securities Act of 1933 </FONT></I><FONT face=serif size=2>and will be governed by the final adjudication of such issue.</FONT></P>
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     <TD noWrap align=center><B><FONT face=serif size=2>SIGNATURES</FONT></B></TD></TR></TABLE></P>
<P align=left><FONT face=serif size=2>Pursuant to the requirements of the </FONT><I><FONT face=serif size=2>Securities Act of 1933</FONT></I><FONT face=serif size=2>, the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, on February 12, 2008.</FONT></P>
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     <TD noWrap><B><FONT face=serif size=2>CHINA ENERGY CORPORATION</FONT></B><BR>
<BR>
<U><FONT face=serif size=2>/s/ </FONT></U><I><U><FONT face=serif size=2>WenXiang Ding</FONT></U></I><BR>
<FONT face=serif size=2>WenXiang Ding</FONT><BR>
<FONT face=serif size=2>President and Chief Executive Officer</FONT><BR>
<BR>
<U><FONT face=serif size=2>/s/ </FONT></U><I><U><FONT face=serif size=2>WuSheng Liu</FONT></U></I><BR>
<FONT face=serif size=2>WuSheng Liu</FONT><BR>
<FONT face=serif size=2>Chief Accounting Officer and Secretary</FONT></TD></TR></TABLE></P>
<P align=left><FONT face=serif size=2>Pursuant to the requirements of the </FONT><I><FONT face=serif size=2>Securities Act of 1933</FONT></I><FONT face=serif size=2>, this Registration Statement has been signed below by the following persons in the capacities and on the dates indicated.</FONT></P>
<TABLE cellSpacing=1 cellPadding=0 width="100%" border=0>
<TR vAlign=bottom>
     <TD align=left width="23%"><U><FONT face=serif size=2>Signature</FONT></U> </TD>
     <TD align=left width="54%"><U><FONT face=serif size=2>Title</FONT></U> </TD>
     <TD align=left width="22%"><U><FONT face=serif size=2>Date</FONT></U> </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="23%"><FONT face=serif size=2>/s/ </FONT><I><FONT face=serif size=2>WenXiang Ding</FONT></I> </TD>
     <TD align=left width="54%"><FONT face=serif size=2>President, Chief Executive Officer and Director</FONT> </TD>
     <TD align=left width="22%"><FONT face=serif size=2>February 12, 2008</FONT> </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="23%"><FONT face=serif size=2>/s/ </FONT><I><FONT face=serif size=2>WuSheng Liu</FONT></I> </TD>
     <TD align=left width="54%"><FONT face=serif size=2>Chief Accounting Officer, Secretary and Director</FONT> </TD>
     <TD align=left width="22%"><FONT face=serif size=2>February 12, 2008</FONT> </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="23%"><FONT face=serif size=2>/s/ </FONT><I><FONT face=serif size=2>Dudley Delapenha</FONT></I> </TD>
     <TD align=left width="54%"><FONT face=serif size=2>Director</FONT> </TD>
     <TD align=left width="22%"><FONT face=serif size=2>February 12, 2008</FONT> </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="23%"><FONT face=serif size=2>/s/ </FONT><I><FONT face=serif size=2>Robert Delapenha</FONT></I> </TD>
     <TD align=left width="54%"><FONT face=serif size=2>Director</FONT></I> </TD>
     <TD align=left width="22%"><FONT face=serif size=2>February 12, 2008</FONT> </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="23%"><FONT face=serif size=2>/s/ </FONT><I><FONT face=serif size=2>Locksley Samuels</FONT></I> </TD>
     <TD align=left width="54%"><FONT face=serif size=2>Director</FONT> </TD>
     <TD align=left width="22%"><FONT face=serif size=2>February 12, 2008</FONT> </TD></TR></TABLE><BR>
<P align=center>
<TABLE>
<TR>
     <TD noWrap align=center><B><FONT face=serif size=2>EXHIBIT INDEX</FONT></B></TD></TR></TABLE></P>
<P align=left><FONT face=serif size=2>The following is a complete list of exhibits filed as a part of this Registration Statement, which Exhibits are incorporated herein:</FONT></P>
<P align=center><FONT face=serif size=1>- 5 -</FONT></P>
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<B><FONT size=2 face="serif">Exhibit Number</FONT></B>
	</TD>
	<TD align=left width=70%>
<B><U><FONT size=2 face="serif">Exhibit</FONT></U></B>
	</TD>
</TR>
<TR valign="bottom">
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 &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<FONT size=2 face="serif">4.1</FONT>
	</TD>
	<TD align=left width=70%>
<FONT size=2 face="serif">2008 Stock Option Plan</FONT>
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=29%>
 &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<FONT size=2 face="serif">5.1</FONT>
	</TD>
	<TD align=left width=70%>
<FONT size=2 face="serif">Opinion of Lonsdale Avenue Law Center &#150; Douglas Livesey,</FONT>
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=29%>
&nbsp;
	</TD>
	<TD align=left width=70%>
<FONT size=2 face="serif">LLB</FONT>
	</TD>
</TR>
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	<TD align=left width=29%>
 &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<FONT size=2 face="serif">23.1</FONT>
	</TD>
	<TD align=left width=70%>
<FONT size=2 face="serif">Consent of Robert G. Jeffrey, Certified Public Accountant</FONT>
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=29%>
 &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<FONT size=2 face="serif">23.2</FONT>
	</TD>
	<TD align=left width=70%>
<FONT size=2 face="serif">Consent of Lonsdale Avenue Law Center (included in the</FONT>
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=29%>
&nbsp;
	</TD>
	<TD align=left width=70%>
<FONT size=2 face="serif">opinion filed as Exhibit 5.1)</FONT>
	</TD>
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<FONT size=1 face="serif">- 6 -</FONT></P>

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{"company-data": {"conformed-name": "China Energy CORP", "cik": "0001335137", "assigned-sic": "1220", "irs-number": "980522950", "fiscal-year-end": "1130"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-149214", "film-number": "08603900"}, "business-address": {"street1": "6130 ELTON AVENUE", "city": "LAS VEGAS", "state": "NV", "zip": "89107", "phone": "702-216-0472"}, "mail-address": {"street1": "6130 ELTON AVENUE", "city": "LAS VEGAS", "state": "NV", "zip": "89107"}}
cecs8.htm -- Converted by SEC Publisher, created by BCL Technologies Inc., for SEC Filing
UNITED STATES
SECURITIES AND EXCHANGE COMMISSON
WASHINGTON, D.C. 20549
FORM S-8
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933
CHINA ENERGY CORPORATION
(Exact name of registrant as specified in its charter)
Nevada
98-0522950
(State or other jurisdiction of incorporation or organization)                       (I.R.S. Employer Identification Number)
6130 Elton Avenue, Las Vegas, NV, 89107
(Address of Principal Executive Office, including zip code)
2008 STOCK OPTION PLAN
(Full Title of the Plan)
Magnum Group International Inc.
67 Wall Street, 22
nd
Floor, NY, New York, 10005-3198
(Name and Address of Agent for Service)
1-888-597-8899
(Telephone number, including area code, of agent for service)
Copies of all communications should be sent to:
WenXiang Ding
C/O Magnum Group International Inc.
67 Wall Street, 22
nd
Floor, NY, New York, 10005-3198
Calculation of Registration Fee
Proposed Maximum
Proposed Maximum
Title of Securities
Amount to be
Offering Price
Aggregate Offering
Amount of
to be Registered
Registered
Per Share
Price
Registration Fee
Common Stock
4,500,000
$0.30
$1,350,000
$53.05
(1)
The 2008 Stock Option Plan authorizes the issuance of a maximum of 4,500,000 shares of our common stock pursuant to stock options granted to eligible employees, directors, officers and consultants of our company or any of our subsidiaries.
All of the shares issuable under the 2008 Stock Option Plan are being registered under this registration statement on Form S-8.
(2)
The price is estimated in accordance with Rule 457(h)(1) under the
Securities Act of 1933
, solely for the purpose of calculating the registration fee, based on the average of the high and low price of our common stock as reported on the National Association of Securities Dealers Inc.'s OTC Bulletin Board on February 12, 2008.
- 1 -
EXPLANATORY NOTE
We prepared this registration statement in accordance with the requirements of Form S-8 under the
Securities Act of 1933
, to register an aggregate of 4,500,000 shares of our common stock which may be issued pursuant to our 2008 Stock Option Plan. The purpose of the 2008 Stock Option Plan is to secure for our company and our shareholders the benefits arising from capital stock ownership by employees, directors or officers of, and consultants or advisors to, our company and subsidiary corporations who have contributed to our company in the past and who are expected to contribute to our company's future growth and success.
Part I
INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS
Item 1.             Plan Information
We will send or give the documents containing the information specified in Part I of Form S-8 to individuals who participate in our 2008 Stock Option Plan, and who, in the case of an award of stock options, consent to and execute the required form of Stock Option Agreement. A copy of the 2008 Stock Option Plan is attached as Exhibit 4.1 to this Form S-8.
This registration statement relates to a maximum of 4,500,000 common shares in our capital stock issuable pursuant to the exercise of options granted under the 2008 Stock Option Plan.
Item 2.               Registrant Information and Employee Plan Annual Information
We will provide, without charge, to each person to whom a copy of this 10(a) prospectus is delivered, upon oral or written request, a copy of any or all documents incorporated by reference in Item 3 of Part II of this registration statement (which documents are incorporated by reference in the 10(a) prospectus). Requests should be directed to the WenXiang Ding, President of China Energy Corporation, care of Magnum Group International Inc., 67 Wall Street, 22
nd
Floor, NY, New York, 10005-3198.
Part II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
Item 3.
Incorporation of Documents by Reference
The SEC allows us to "
incorporate by reference
" information into this registration statement, which means that we can disclose important information to you by referring you to another document filed separately with the SEC. The information incorporated by reference is deemed to be part of this registration statement, except for any information superseded by information in this registration statement.
The following documents filed by our company with the United States Securities and Exchange Commission (the "
SEC
") are incorporated herein by reference:
- 2 -
(a)
Our latest Annual Report on Form 10-KSB for the year ended November 30, 2006, filed on March 15, 2007;
(b)
All other reports and proxy statements filed pursuant to Section 13(a) or 15(d) of the Securities Exchange Act of 1934 since the end of the fiscal year covered by the Form 10-KSB referred to in (a) above, including reports on Form 8-K; and
(c)
The description of our company's common stock contained in our registration statement on Form SB- 2 (SEC file number 333-128608), filed with the SEC on September 27, 2005, including all amendments and reports for the purpose of updating such description.
In addition to the foregoing, all documents that we subsequently file pursuant to Sections 13(a), 13(c), 14 and 15(d) of the
Securities Exchange Act of 1934
, prior to the filing of a post-effective amendment indicating that all of the securities offered pursuant to this registration statement have been sold or deregistering all securities then remaining unsold, shall be deemed to be incorporated by reference in this registration statement and to be part hereof from the date of filing of such documents.
Any statement contained in a document incorporated by reference in this registration statement shall be deemed to be modified or superseded for purposes of this registration statement to the extent that a statement contained in this registration statement or in any subsequently filed document that is also incorporated by reference in this registration statement modifies or supersedes such statement. Any statement so modified or superseded shall not be deemed, except as so modified or superseded, to constitute a part of this registration statement.
You may read and copy any reports, statements or other information we have filed at the SEC's Public Reference Room at 100 F Street N.E., Washington, D.C. 20549-2521. Please call the SEC at 1-800-SEC-0330 for further information on the Public Reference Rooms. Our filings are also available on the Internet at the SEC's website at
http://www.sec.gov
.
Item 4.
Description of Securities
Not applicable.
Item 5.
Interests of Named Experts and Counsel
Not applicable.
Item 6.
Indemnification of Directors and Officers
Pursuant to our articles of incorporation and the laws of the state of Nevada, we may indemnify an officer or director who is made a party to any proceeding, including a lawsuit, because of his position, if he acted in good faith and in a manner he reasonably believed to be in our best interest. In certain cases, we may advance expenses incurred in defending any such proceeding. To the extent that the officer or director is successful on the merits in any such proceeding as to which such person is to be indemnified, we must indemnify him against all expenses incurred, including attorney's fees. With respect to a derivative action, indemnity may be made only for expenses actually and reasonably incurred in defending the proceeding, and if the officer or director is judged liable, only by a court order. The indemnification is intended to be to the fullest extent permitted by the laws of the state of Nevada.
Regarding indemnification for liabilities arising under the Act which may be permitted to directors or officers pursuant to the foregoing provisions, we are informed that, in the opinion of the SEC, such indemnification is against public policy, as expressed in the Act and is, therefore, unenforceable.
- 3 -
Item 7.
Exemption from Registration Claimed
Not applicable.
Item 8.
Exhibits
See Exhibit Index immediately following the signature page.
Item 9.
Undertakings.
(a)
We hereby undertake:
1.
To file, during any period in which offers or sales are being made, a post-effective amendment to this registration statement:
(i)
To include any prospectus required by Section 10(a)(3) of the
Securities Act of 1933
;
(ii)
To reflect in the prospectus any facts or events arising after the effective date of the registration statement (or the most recent post-effective amendment thereof) which, individually or in the aggregate, represent a fundamental change in the information set forth in the registration statement. Notwithstanding the foregoing, any increase or decrease in volume of securities offered (if the total dollar value of securities offered would not exceed that which was registered) and any deviation from the low or high end of the estimated maximum offering range may be reflected in the form of prospectus filed with the Commission pursuant to Rule 424(b) if, in the aggregate, the changes in volume and price represent no more than 20% change in the maximum aggregate offering price set forth in the "
Calculation of Registration Fee
" table in the effective registration statement.
(iii)
To include any material information with respect to the plan of distribution not previously disclosed in the registration statement or any material change to such information in the registration statement;
provided, however,
that paragraphs (a)1(i) and (a)(1)(ii) of this section do not apply if the registration statement is on Form S-3, Form S- 8 or Form F-3, and the information required to be included in a post-effective amendment by those paragraphs is contained in periodic reports filed with or furnished to the SEC by the registrant pursuant to section 13 or section 15(d) of the
Securities Exchange Act of 1934
that are incorporated by reference in the registration statement.
2.
That, for the purpose of determining any liability under the
Securities Act of 1933
, each such post-effective amendment shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at the time shall be deemed to be the initial bona fide offering thereof.
3.
To remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the termination of the offering.
(b)
We hereby undertake that, for purposes of determining any liability under the
Securities Act of 1933
, each filing of our annual report pursuant to Section 13(a) or 15(d) of the
Securities Exchange Act of 1934
that is incorporated by reference in this registration statement shall be deemed to be a new registration statement relating to the securities offered herein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.
(c)
Insofar as indemnification for liabilities arising under the
Securities Act of 1933
may be permitted to directors, officers and persons controlling our company pursuant to the foregoing provisions, or otherwise, we have been advised that in the opinion of the SEC such indemnification is against
- 4 -
public policy as expressed in the
Securities Act of 1933
and is, therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by our company of expenses incurred or paid by a director, officer or controlling person of our company in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, our company will, unless in the opinion of our counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by us is against public policy as expressed in the
Securities Act of 1933
and will be governed by the final adjudication of such issue.
SIGNATURES
Pursuant to the requirements of the
Securities Act of 1933
, the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, on February 12, 2008.
CHINA ENERGY CORPORATION
/s/
WenXiang Ding
WenXiang Ding
President and Chief Executive Officer
/s/
WuSheng Liu
WuSheng Liu
Chief Accounting Officer and Secretary
Pursuant to the requirements of the
Securities Act of 1933
, this Registration Statement has been signed below by the following persons in the capacities and on the dates indicated.
Signature
Title
Date
/s/
WenXiang Ding
President, Chief Executive Officer and Director
February 12, 2008
/s/
WuSheng Liu
Chief Accounting Officer, Secretary and Director
February 12, 2008
/s/
Dudley Delapenha
Director
February 12, 2008
/s/
Robert Delapenha
Director
February 12, 2008
/s/
Locksley Samuels
Director
February 12, 2008
EXHIBIT INDEX
The following is a complete list of exhibits filed as a part of this Registration Statement, which Exhibits are incorporated herein:
- 5 -
Exhibit Number
Exhibit
4.1
2008 Stock Option Plan
5.1
Opinion of Lonsdale Avenue Law Center – Douglas Livesey,
LLB
23.1
Consent of Robert G. Jeffrey, Certified Public Accountant
23.2
Consent of Lonsdale Avenue Law Center (included in the
opinion filed as Exhibit 5.1)
- 6 -