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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>UNITED STATES</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>SECURITIES AND EXCHANGE COMMISSION</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Washington, D.C. 20549</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>FORM 8-K</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>CURRENT REPORT</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">Pursuant to Section 13 or 15(d) of the</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">Securities Exchange Act of 1934</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">Date of Report (Date of earliest event reported):&nbsp;&nbsp;February
8, 2012 (February
6, 2012)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>GUANWEI RECYCLING CORP.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">(Exact name of registrant as specified in its
charter)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE ALIGN="CENTER" CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font: 10pt Times New Roman, Times, Serif">
<TR>
    <TD STYLE="width: 34%; border-bottom: black 1pt solid; text-autospace: none; text-align: center">Nevada</TD>
    <TD STYLE="width: 1%; vertical-align: top; padding-bottom: 1.1pt; text-autospace: none">&nbsp;</TD>
    <TD STYLE="width: 32%; border-bottom: black 1pt solid; text-autospace: none; text-align: center">000-53825</TD>
    <TD STYLE="width: 1%; vertical-align: top; padding-bottom: 1.1pt; text-autospace: none">&nbsp;</TD>
    <TD STYLE="width: 32%; border-bottom: black 1pt solid; text-autospace: none; text-align: center">98-0669936</TD></TR>
<TR>
    <TD STYLE="text-autospace: none; text-align: center">(State or Other Jurisdiction of Incorporation)</TD>
    <TD STYLE="vertical-align: top; text-autospace: none">&nbsp;</TD>
    <TD STYLE="text-autospace: none; text-align: center">(Commission File Number)</TD>
    <TD STYLE="vertical-align: top; text-autospace: none">&nbsp;</TD>
    <TD STYLE="text-autospace: none; text-align: center">(IRS Employer Identification No.)</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Rong Qiao Economic Zone</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Fuqing City</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Fujian Province</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>People&rsquo;s Republic of China</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>300500</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">(Address of principal executive offices)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">Registrant&rsquo;s telephone number, including
area code:<B> (86-591) 8536-6197</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">(Former Name or Former Address if Changed Since
Last Report)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">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 (<I> see</I> General Instruction
A.2. below):</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Wingdings">o</FONT> Written communications
pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Wingdings">o</FONT> Soliciting material
pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Wingdings">o</FONT> Pre-commencement communications
pursuant to Rule 14d-2(b) under the Exchange Act &nbsp; (17&nbsp;CFR 240.14d-2(b))</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Wingdings">o</FONT> Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act &nbsp; (17&nbsp;CFR 240.13e-4(c))&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>Item 4.01.&nbsp;&nbsp;&nbsp;Changes in Registrant&rsquo;s Certifying
Accountant.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">On February 6, 2012, BDO Limited (&ldquo;BDO&rdquo;), informed Guanwei
Recycling Corp. (the &ldquo;Company&rdquo;) of its resignation as the Company&rsquo;s independent registered public accounting
firm, effective immediately. BDO has served as the Company&rsquo;s independent registered public accounting firm since December
16, 2009. The Audit Committee of the Company&rsquo;s Board of Directors accepted BDO&rsquo;s resignation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">BDO&rsquo;s reports on the Company&rsquo;s financial statements
for each of the past two years contained no adverse opinions or a disclaimers of opinion, and were not qualified or modified as
to uncertainty, audit scope, or accounting principles.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">During the Company&rsquo;s two most recent fiscal years and any
subsequent interim period preceding the resignation of BDO, there were no disagreements with BDO on any matter of accounting principles
or practices, financial statement disclosure, or auditing scope or procedure, which disagreements, if not resolved to the satisfaction
of BDO, would have caused it to make reference to the subject matter of the disagreements in connection with its report.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">There have been no reportable events as provided in Item 304(a)(v)
of Regulation S-K during the Company&rsquo;s two most recent fiscal years and any subsequent interim period preceding BDO&rsquo;s
resignation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">In accordance with Item 304(a)(3) of Regulation S-K, the Company
provided BDO with a copy of the disclosures it is making in this Current Report on Form 8-K prior to the time this Form 8-K was
filed with the Securities and Exchange Commission (the &ldquo;SEC&rdquo;). The Company requested that BDO furnish a letter addressed
to the SEC stating whether or not it agrees with the statements made herein. A copy of BDO&rsquo;s letter to the SEC is attached
hereto as Exhibit 16.1.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">On February 7, 2012, the Company engaged Friedman LLP (&ldquo;Friedman&rdquo;)
to serve as its independent registered public accounting firm with immediate effect. The decision to engage Friedman was recommended
by the Audit Committee and approved by the Board of Directors on February 6, 2012.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>Item 9.01.&nbsp;&nbsp;&nbsp;Financial Statements and Exhibits.
</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top"><TD STYLE="width: 1in"><I>Exhibit No.</I></TD>
<TD><I>Description</I></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-indent: -1in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top"><TD STYLE="width: 1in">16.1</TD>
<TD>Letter of BDO, dated February 7, 2012</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>SIGNATURE PAGE</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.55in">Pursuant to the requirements
of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Date: February 8, 2012</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="text-autospace: none">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-autospace: none">&nbsp;</TD>
    <TD STYLE="text-autospace: none">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-autospace: none">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-right: 1.1pt; text-autospace: none; font-weight: bold">GUANWEI RECYCLING CORP.</TD>
    <TD STYLE="text-autospace: none">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-autospace: none">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-autospace: none">&nbsp;</TD>
    <TD STYLE="text-autospace: none">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 48%; text-autospace: none">&nbsp;</TD>
    <TD STYLE="width: 6%; text-autospace: none">&nbsp;</TD>
    <TD STYLE="width: 35%; text-autospace: none">&nbsp;</TD>
    <TD STYLE="width: 11%; text-autospace: none">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: white 1pt solid; text-autospace: none">&nbsp;</TD>
    <TD STYLE="border-bottom: white 1pt solid; text-autospace: none">By:</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-autospace: none">/s/&nbsp;Chen Min</TD>
    <TD STYLE="border-bottom: white 1pt solid; text-autospace: none">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; text-autospace: none">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-autospace: none">Name:</TD>
    <TD STYLE="vertical-align: bottom; text-autospace: none">Chen Min</TD>
    <TD STYLE="vertical-align: top; text-autospace: none">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-autospace: none">&nbsp;</TD>
    <TD STYLE="text-autospace: none">Title:</TD>
    <TD COLSPAN="2" STYLE="text-autospace: none">Chief Executive Officer and Chairman of the Board of Directors</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-autospace: none">&nbsp;</TD>
    <TD STYLE="text-autospace: none">&nbsp;</TD>
    <TD STYLE="text-autospace: none">&nbsp;</TD>
    <TD STYLE="text-autospace: none">&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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[{"type": "8-K", "sequence": "1", "filename": "v301549_8k.htm", "description": "FORM 8-K", "secsgml_size_bytes": 15253}]
{"company-data": {"conformed-name": "Guanwei Recycling Corp.", "cik": "0001425715", "assigned-sic": "3080", "irs-number": "000000000", "state-of-incorporation": "NV", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-34692", "film-number": "12581999"}, "business-address": {"street1": "RONG QIAO ECONOMIC ZONE", "street2": "FUQING CITY,", "city": "FUJIAN PROVINCE", "state": "F4", "zip": "300500", "phone": "86-591 8537-2532"}, "mail-address": {"street1": "RONG QIAO ECONOMIC ZONE", "street2": "FUQING CITY,", "city": "FUJIAN PROVINCE", "state": "F4", "zip": "300500"}, "former-company": [{"former-conformed-name": "MD Holdings Corp", "date-changed": "20080204"}, {"former-conformed-name": "MD Holding Corp", "date-changed": "20080131"}]}
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):  February
8, 2012 (February
6, 2012)
GUANWEI RECYCLING CORP.
(Exact name of registrant as specified in its
charter)
Nevada
000-53825
98-0669936
(State or Other Jurisdiction of Incorporation)
(Commission File Number)
(IRS Employer Identification No.)
Rong Qiao Economic Zone
Fuqing City
Fujian Province
People's Republic of China
300500
(Address of principal executive offices)
Registrant's telephone number, including
area code:
(86-591) 8536-6197
(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):
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 4.01.   Changes in Registrant's Certifying
Accountant.
On February 6, 2012, BDO Limited ("BDO"), informed Guanwei
Recycling Corp. (the "Company") of its resignation as the Company's independent registered public accounting
firm, effective immediately. BDO has served as the Company's independent registered public accounting firm since December
16, 2009. The Audit Committee of the Company's Board of Directors accepted BDO's resignation.
BDO's reports on the Company's financial statements
for each of the past two years contained no adverse opinions or a disclaimers of opinion, and were not qualified or modified as
to uncertainty, audit scope, or accounting principles.
During the Company's two most recent fiscal years and any
subsequent interim period preceding the resignation of BDO, there were no disagreements with BDO on any matter of accounting principles
or practices, financial statement disclosure, or auditing scope or procedure, which disagreements, if not resolved to the satisfaction
of BDO, would have caused it to make reference to the subject matter of the disagreements in connection with its report.
There have been no reportable events as provided in Item 304(a)(v)
of Regulation S-K during the Company's two most recent fiscal years and any subsequent interim period preceding BDO's
resignation.
In accordance with Item 304(a)(3) of Regulation S-K, the Company
provided BDO with a copy of the disclosures it is making in this Current Report on Form 8-K prior to the time this Form 8-K was
filed with the Securities and Exchange Commission (the "SEC"). The Company requested that BDO furnish a letter addressed
to the SEC stating whether or not it agrees with the statements made herein. A copy of BDO's letter to the SEC is attached
hereto as Exhibit 16.1.
On February 7, 2012, the Company engaged Friedman LLP ("Friedman")
to serve as its independent registered public accounting firm with immediate effect. The decision to engage Friedman was recommended
by the Audit Committee and approved by the Board of Directors on February 6, 2012.
Item 9.01.   Financial Statements and Exhibits.
Exhibit No.
Description
16.1
Letter of BDO, dated February 7, 2012
SIGNATURE PAGE
Pursuant to the requirements
of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
Date: February 8, 2012
GUANWEI RECYCLING CORP.
By:
/s/ Chen Min
Name:
Chen Min
Title:
Chief Executive Officer and Chairman of the Board of Directors