UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
6-K
REPORT
OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE
SECURITIES EXCHANGE ACT OF 1934
For
the
month of April, 2006.
Commission
File Number: 333-110071
CHINA
SECURITY AND SURVEILLANCE TECHNOLOGY, INC.
4/F,
East 3/B, Saige Science & Technology
Park
Huaqiang,
Shenzhen, China 518028
(Address
of Principal Executive Offices)
Indicate
by check mark whether the registrant files or will file annual reports
under
cover Form 20-F or Form 40-F. Form 20-F x Form 40-F
o
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted
by Regulation S-T Rule 101(b)(1): Yes o Nox
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted
by Regulation S-T Rule 101(b)(7): Yes o Nox
Indicate
by check mark whether the registrant by furnishing the information contained
in
this Form is also thereby furnishing the information to the Commission pursuant
to Rule 12g3-2(b) under the Securities Exchange Act of 1934. Yes o Nox
If
“Yes”
marked, indicate below the file number assigned to the registrant in connection
with Rule 12g3-2(b): 82 - ______.
China
Security and Surveillance Technology, Inc. (the “Company”) expects to host a
conference call in May 2006 to announce its audited U.S. GAAP 2005 fiscal year
results. A press release providing the exact date and time of the call and
information regarding how to participate in the call will be issued at a later
date.
During
the conference call, the Company will provide an overview of the Company’s
growth prospects within the Chinese security and surveillance market and will
update attendees regarding the Company’s progress in different areas of its
business. In anticipation of meetings that the Company expects to have prior
to
the conference call where it desires to discuss certain aspects of its business
and prospects that have not previously disclosed, the Company is releasing
the
following information to the market so as to avoid selective
disclosure.
The
company is actively pursuing near-term acquisition prospects and other strategic
opportunities, including a proposed acquisition of a China based security
software company and a China based surveillance company. However, the Company
has not signed any binding agreement relating to these acquisitions nor has
it
entered into any memorandum of understanding or letter of intent relating to
the
same.
Based
on
the Company’s unaudited results for the first quarter, management believes that
(a) the Company is on track to achieve the targeted “make good” provision level
of $17.5 million and $34.1 million in net income for 2006 and 2007, respectively
and (b) the Company is on track to achieve the related revenue “make good”
provision of $64 million and $115 million in 2006 and 2007 revenues,
respectively. See the Company’s 6-K filing on April 5, 2006 for details
regarding these “make good” provisions.
The
Company's 2005 audit has not been completed nor has the review of the first
quarter’s financial statements been completed and Management’s expectation
regarding future levels of net income and revenues, may need to be adjusted
based upon the Company’s audited numbers when they become available.
Management's current revenue expectations could change materially and the
Company is under no obligation to adjust this expectation until the final 2005
audit is completed.
This
report contains forward-looking statements. Risk factors that could cause actual
results to differ materially from those projected in forward-looking statements
include, but are not limited to, general business conditions, managing growth,
and political and other business risk and the other risk factors discussed
in
the Company’s prior reports filed with the Securities and Exchange Commission
under the Securities Exchange Act of 1934. All forward-looking statements are
expressly qualified in their entirety by this Cautionary Statement and the
risks
and other factors detailed in the Company's reports filed with the Securities
and Exchange Commission. China Security and Surveillance Technology Inc.
undertakes no duty to update those forward-looking statements.
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.
CHINA
SECURITY AND SURVEILLANCE TECHNOLOGY, INC.
By:
/s/
Terence Yap
Vice
Chairman
April
20,
2006