ITEM 2.01. COMPLETION OF ACQUISITION OR DISPOSITION OF ASSETS.

As previously disclosed in two current reports on Form 8-K of Wonder Auto Technology, Inc. (the "Company") filed on October 6, 2008 and January 8, 2009 (collectively, the "Current Reports"), the Company's indirect wholly owned subsidiary Jinzhou Halla Electrical Equipment Co., Ltd. ("Jingzhou Halla") entered into separate Equity Transfer Agreements (the "Equity Transfer Agreements") with Hony Capital II, L.P. and Magic Era Group Limited, respectively, to acquire in aggregate 100% equity ownership of Yearcity Limited, a British Virgin Islands company ("Yearcity").

On July 3, 2009, pursuant to the terms set forth in the Equity Transfer Agreements, Jingzhou Halla closed the acquisition of the 100% ownership of Yearcity upon the approval of the acquisition by the Department of Foreign Trade and Economic Cooperation, Liaoning Province of China.

The description of the terms of the Equity Transfer Agreements in the Current Reports and the Equity Transfer Agreements filed as exhibits to the Current Reports are hereby incorporated by reference.

---