<SUBMISSION>
<ACCESSION-NUMBER>0001144204-12-068449
<TYPE>8-K
<PUBLIC-DOCUMENT-COUNT>1
<PERIOD>20121217
<ITEMS>1.01
<ITEMS>9.01
<FILING-DATE>20121218
<DATE-OF-FILING-DATE-CHANGE>20121218
<FILER>
<COMPANY-DATA>
<CONFORMED-NAME>Chisen Electric Corp
<CIK>0001335950
<ASSIGNED-SIC>3690
<IRS-NUMBER>202190950
<STATE-OF-INCORPORATION>NV
<FISCAL-YEAR-END>0331
</COMPANY-DATA>
<FILING-VALUES>
<FORM-TYPE>8-K
<ACT>34
<FILE-NUMBER>001-33696
<FILM-NUMBER>121271602
</FILING-VALUES>
<BUSINESS-ADDRESS>
<STREET1>NO. 1188, TAIHU AVENUE
<STREET2>ECONOMIC DEVELOPMENT ZONE
<CITY>CHANGXING, ZHEJIANG PROVINCE
<STATE>F4
<ZIP>00000
<PHONE>(011) 0572-6267666
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>NO. 1188, TAIHU AVENUE
<STREET2>ECONOMIC DEVELOPMENT ZONE
<CITY>CHANGXING, ZHEJIANG PROVINCE
<STATE>F4
<ZIP>00000
</MAIL-ADDRESS>
<FORMER-COMPANY>
<FORMER-CONFORMED-NAME>WORLD TROPHY OUTFITTERS INC
<DATE-CHANGED>20060622
</FORMER-COMPANY>
<FORMER-COMPANY>
<FORMER-CONFORMED-NAME>World Trophy Outfitters, Inc.
<DATE-CHANGED>20050811
</FORMER-COMPANY>
</FILER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>v330510_8k.htm
<DESCRIPTION>FORM 8-K
<TEXT>
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<P STYLE="margin: 0"></P>

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

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

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

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

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

<HR SIZE="1" NOSHADE ALIGN="CENTER" STYLE="width: 15%; color: black">

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

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

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>PURSUANT TO SECTION 13 OR 15(d) OF THE</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SECURITIES EXCHANGE ACT OF 1934</B></P>

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

<HR SIZE="1" NOSHADE ALIGN="CENTER" STYLE="width: 15%; color: black">

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Date of Report (Date of the earliest event
reported):&nbsp;&nbsp;<B>December 17, 2012</B></P>

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

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

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

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 33%; font-weight: bold; text-decoration: underline; text-align: center">Nevada</TD>
    <TD STYLE="width: 34%; font-weight: bold; text-decoration: underline; text-align: center">333-128532</TD>
    <TD STYLE="width: 33%; font-weight: bold; text-decoration: underline; text-align: center">20-2190950</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: center">(State or other jurisdiction of incorporation)</TD>
    <TD STYLE="text-align: center">(Commission File Number)</TD>
    <TD STYLE="text-align: center">(IRS Employer Identification No.)</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR>
    <TD STYLE="vertical-align: top; width: 64%">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>No. 1188, Taihu Avenue, Changxing Economic
        Development Zone, Changxing, Zhejiang Province,</B></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>The People&rsquo;s Republic of China</B></P></TD>
    <TD STYLE="vertical-align: bottom; width: 36%; font-weight: bold; text-decoration: underline; text-align: center">N/A</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: center">(Address of principal executive offices)</TD>
    <TD STYLE="text-align: center">(Zip code)</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Registrant's telephone number, including
area code:&nbsp;&nbsp;&nbsp; <B><U>(86) 572-6267666</U></B></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B><U>Not Applicable</U></B></P>

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

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

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

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    <TD STYLE="width: 48px"><FONT STYLE="font-family: Wingdings">&#168;</FONT></TD>
    <TD>Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<TR STYLE="vertical-align: top">
    <TD STYLE="width: 48px"><FONT STYLE="font-family: Wingdings">&#168;</FONT></TD>
    <TD>Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 48px"><FONT STYLE="font-family: Wingdings">&#168;</FONT></TD>
    <TD>Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act&nbsp;(17&nbsp;CFR&nbsp;240.14d-2(b))</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 48px"><FONT STYLE="font-family: Wingdings">&#168;</FONT></TD>
    <TD>Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act&nbsp;(17&nbsp;CFR&nbsp;240.13e-4(c))</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;&nbsp;</P>

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

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    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 50%">&nbsp;</TD><TD STYLE="text-align: right; width: 50%"></TD></TR></TABLE></DIV>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-variant: small-caps">Item 1.01 Entry
Into A Material Definitive Agreement.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">On December 17, 2012 (the &ldquo;<U>Effective
Date</U>&rdquo;), Chisen Electric Jiangsu Co., Ltd. (&ldquo;<U>Borrower</U>&rdquo;), a company organized under the laws of The
People&rsquo;s Republic of China and a 98%-owned subsidiary of Zhejiang Chisen Electric Co., Ltd. (&ldquo;<U>ZCEC</U>&rdquo;),
a company organized under the laws of The People&rsquo;s Republic of China and a wholly-owned subsidiary of Fast More Limited (&ldquo;<U>Fast
More</U>&rdquo;), a Hong Kong company and the wholly-owned subsidiary of Chisen Electric Corporation, a Nevada corporation (the
&ldquo;<U>Registrant</U>&rdquo;) executed an entrusted loan agreement (the &ldquo;<U>Loan Agreement</U>&rdquo;) with Chaowei Power
Holdings Limited, a company incorporated in the Cayman Islands with limited liability (the &ldquo;<U>Lender</U>&rdquo;) and CITIC
Trust Co., Ltd. (the &ldquo;<U>Lending Agent</U>&rdquo;) pursuant to which the Lender shall loan to Chisen Jiangsu RMB200 million
at an interest rate of 8% per annum for a term of three years (until December 16, 2015) for general working capital purposes.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Interest is payable by the Borrower quarterly
or upon early repayment of the loan. Borrower shall repay not less than 25%, 50% and 75% of the outstanding principal under the
loan on or before the expiration of the 27th, 30th and 33rd months from the Effective Date, with balance repayable in full upon
expiration of the loan. After release of the first installment of the loan to the Borrower, the Borrower can, by advance written
notice, repay all or part of the loan. Borrower and ZCEC shall assume joint and several obligations regarding the repayment of
the principal and interest of the loan. Upon receipt of interest or principal, the Lending Agent shall pay the same amount to the
Lender within two business days after deduction of an agreed fee to be charged by the Lending Agent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">In addition to the joint and several repayment
obligations assumed by the Borrower and ZCEC, the full repayment of the loan, the interest and the relevant expenses shall be secured
by: (a) a pledge of 98% equity interest in the Borrower by ZCEC for a term commencing from the date of approval of such pledge
by the competent governmental authority up to the expiration of the limitation period for action by the Lending Agent under the
Loan Agreement and a joint payment agreement (together with the Loan Agreement, the &ldquo;<U>Transaction Documents</U>&rdquo;),
(b) a pledge of 100% equity interest in ZCEC by Fast</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">More for a term commencing from the date of approval of such
pledge by the competent governmental authority up to the expiration of the limitation period for action by the Lending Agent under
the Transaction Documents, (c) floating charges over the current and future inventory of each of the Borrower and ZCEC for a term
commencing from the approval of such floating charges by the competent governmental authority up to the expiration of the limitation
period for action by the Lending Agent under the Transaction Documents, (d) chattel charges over all the machinery and equipment
of each</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">of the Borrower and ZCEC for a term commencing from the approval
of such chattel charges by the competent governmental authority up to the expiration of the limitation period for</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">action by the Lending Agent under the Transaction Documents
and (e) personal guarantee by Mr. Xu Kecheng, the Chairman of the Board, President, Chief Executive Officer and a stockholder of
the Registrant, for a term of two years from the expiration of the Transaction Documents. The Lending Agent shall charge a handling
fee of RMB2 million per annum which shall be paid by the Lender upon the expiration of each year.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The Borrower has also agreed that, during
the term of the Loan Agreement: (a) it shall not increase its registered capital or total investment in any form unless agreed
by the Lender in writing, except for investment into the Borrower made by the Lender; (b) it shall accept investment proposals
from the Lender; (c) the Lender shall have the right to appoint one director to the board of directors of the Borrower; and (d)
it shall amend its articles of association to confirm the director appointment by the Lender. English translated versions of the
Transaction Documents will be filed by the Registrant by amendment to this report.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-variant: small-caps">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-variant: small-caps"></FONT></P>

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<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-variant: small-caps">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-variant: small-caps">Item 9.01 Financial
Statements and Exhibits</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">(d) Exhibits:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&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="width: 14%; border-bottom: black 1pt solid; padding-bottom: 12pt; font-weight: bold; text-align: justify">Exhibit No.</TD>
    <TD STYLE="width: 59%; border-bottom: black 1pt solid; padding-bottom: 12pt; font-weight: bold; text-align: justify">Item</TD>
    <TD STYLE="width: 27%; border-bottom: black 1pt solid; padding-bottom: 12pt; font-weight: bold; text-align: justify; text-indent: 0.12in">Location</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>Exhibit 10.1</TD>
    <TD>Entrusted Loan Agreement, dated December 17, 2012, by and among Chaowei Power Holdings Limited, CITIC Trust Co., Ltd. and Chisen Electric Jiangsu Co., Ltd. and all material related documents thereto</TD>
    <TD STYLE="text-indent: 0.12in">To be filed by amendment</TD></TR>
</TABLE>

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

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

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

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Pursuant to the requirements of the Securities
Exchange Act of 1934, as amended, the Company 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: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD>Date: December 18, 2012</TD>
    <TD COLSPAN="2" STYLE="font-variant: small-caps; font-weight: bold">CHISEN ELECTRIC CORPORATION</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 5%">&nbsp;</TD>
    <TD STYLE="width: 35%">&nbsp;</TD>
    <TD STYLE="width: 10%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>By:</TD>
    <TD STYLE="border-bottom: black 1.5pt solid; font-style: italic">/s/&nbsp;Xu Kecheng</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>Name:</TD>
    <TD>Xu Kecheng</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>Its:</TD>
    <TD>Chief Executive Officer</TD>
    <TD>&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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</SUBMISSION>
