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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><strong>UNITED
      STATES SECURITIES AND EXCHANGE COMMISSION</strong></font><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">&#160;</font></div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>CURRENT
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Date
      of
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            </td>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
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      satisfy the filing obligation of the registrant under any of the following
      provisions:</font></div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font face="Wingdings">o</font>&#160;Pre-commencement
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Chardan
      North China Acquisition Corporation (&#8220;CNCAC&#8221;) has withdrawn its registration
      statement on Form&#160;S-4 because it was a duplicate of the registration
      statement on Form S-4 filed by CNCAC&#8217;s wholly owned subsidiary, HLS Systems
      International, Ltd (&#8220;HLS&#8221;). That HLS registration statement is in the process of
      being reviewed by the SEC. The HLS registration statement and all amendments
      can
      be reviewed at www.sec.gov.</font></div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Stockholders
      of CNCAC are urged to read the proxy statement/prospectus contained in the
      HLS
      registration statement and the other relevant documents filed or to be filed
      with the SEC because they contain important information about HLS, CNCAC,
      HollySys and the proposed transaction. The final proxy statement/prospectus
      will
      be mailed to CNCAC stockholders after the HLS registration statement is declared
      effective. These documents can also be obtained from CNCAC by directing a
      request to Lori Johnson, Chardan Capital, 625 Broadway, Suite 1111, San Diego,
      California 92101.</font></div>
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      HLS
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      registered may not be sold, nor any offers to buy be accepted, prior to the
      time
      the registration statement becomes effective. This filing is not an offer to
      sell or the solicitation of an offer to buy the HLS shares.</font></div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>SIGNATURES</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Pursuant
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      has
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      duly authorized.</font></div>
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      May
      1, 2006</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
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          <tr valign="top" bgcolor="#ffffff">
            <td width="50%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: ">&#160;</font></td>
            <td width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: ">&#160;</font></td>
            <td width="49%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: ">&#160;</font></td>
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            <td colspan="2"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: "><strong>CHARDAN
              NORTH CHINA ACQUISITION CORPORATION</strong></font></td>
          </tr>
          <tr valign="top" bgcolor="#ffffff">
            <td><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: ">&#160;<br>&#160;</font></td>
            <td><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: ">&#160;<br>&#160;</font></td>
            <td><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: ">&#160;<br>&#160;</font></td>
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            <td><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: ">By:&#160;&#160;</font></td>
            <td><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: ">/s/&#160;Kerry
              S.
              Propper<font id="TAB2" style="COLOR: black; LETTER-SPACING: 189pt" size="3">&#160;</font></font></td>
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                S. Propper</font></div>
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                Financial Officer</font></div>
            </td>
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{"company-data": {"conformed-name": "Chardan North China Acquisition Corp", "cik": "0001324297", "assigned-sic": "6770", "irs-number": "202479743", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-51431", "film-number": "06796136"}, "business-address": {"street1": "625 BROADWAY", "street2": "SUITE 1111", "city": "SAN DIEGO", "state": "CA", "zip": "92101", "phone": "858-847-9000"}, "mail-address": {"street1": "625 BROADWAY", "street2": "SUITE 1111", "city": "SAN DIEGO", "state": "CA", "zip": "92101"}, "former-company": {"former-conformed-name": "Chardan China Acquisition Corp II", "date-changed": "20050419"}}
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):
May
1,
      2006
Chardan
      North China Acquisition Corporation
(Exact
      name of registrant as specified in its charter)
Delaware
000-51431
20-2479743
(State
                or other jurisdiction of incorporation)
(Commission
                File No.)
(I.R.S.
                Employer Identification No.)
625
      Broadway, Suite 1111
San
      Diego, California 92101
(Address
      of principal executive offices)
Registrant's
      telephone number, including area code:
(858)
      847-9000
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:
x
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.
Chardan
      North China Acquisition Corporation ("CNCAC") has withdrawn its registration
      statement on Form S-4 because it was a duplicate of the registration
      statement on Form S-4 filed by CNCAC's wholly owned subsidiary, HLS Systems
      International, Ltd ("HLS"). That HLS registration statement is in the process of
      being reviewed by the SEC. The HLS registration statement and all amendments
      can
      be reviewed at www.sec.gov.
Stockholders
      of CNCAC are urged to read the proxy statement/prospectus contained in the
      HLS
      registration statement and the other relevant documents filed or to be filed
      with the SEC because they contain important information about HLS, CNCAC,
      HollySys and the proposed transaction. The final proxy statement/prospectus
      will
      be mailed to CNCAC stockholders after the HLS registration statement is declared
      effective. These documents can also be obtained from CNCAC by directing a
      request to Lori Johnson, Chardan Capital, 625 Broadway, Suite 1111, San Diego,
      California 92101.
The
      HLS
      registration statement has not yet become effective and the shares of HLS being
      registered may not be sold, nor any offers to buy be accepted, prior to the
      time
      the registration statement becomes effective. This filing is not an offer to
      sell or the solicitation of an offer to buy the HLS shares.
SIGNATURES
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 hereunto
      duly authorized.
Date:
      May
      1, 2006
CHARDAN
              NORTH CHINA ACQUISITION CORPORATION
By:
/s/ Kerry
              S.
              Propper
Kerry
                S. Propper
Chief
                Financial Officer
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