The company continued its share purchase/cancellation program through February. I understand the intentions of share cancellations, but would personally like to see them conserve cash, particularly given the current economic conditions.

Have a great evening!

Zongshen PEM Power Systems Inc. (ZPP)	As of March 6th, 2009
Filing Date	Transaction Date	Insider Name	Ownership Type	Securities	Nature of transaction	# or value acquired or disposed of	Unit Price
Mar 04/09	Feb 27/09	Zongshen PEM Power Systems Inc.	Direct Ownership	Common Shares	38 - Redemption, retraction, cancellation, repurchase	42,500	$0.400
Mar 04/09	Feb 26/09	Zongshen PEM Power Systems Inc.	Direct Ownership	Common Shares	38 - Redemption, retraction, cancellation, repurchase	42,500	$0.400
Mar 04/09	Feb 27/09	Zongshen PEM Power Systems Inc.	Direct Ownership	Common Shares	38 - Redemption, retraction, cancellation, repurchase	-42,500
Mar 04/09	Feb 26/09	Zongshen PEM Power Systems Inc.	Direct Ownership	Common Shares	38 - Redemption, retraction, cancellation, repurchase	-42,500
Mar 04/09	Feb 25/09	Zongshen PEM Power Systems Inc.	Direct Ownership	Common Shares	38 - Redemption, retraction, cancellation, repurchase	-42,500
Mar 04/09	Feb 25/09	Zongshen PEM Power Systems Inc.	Direct Ownership	Common Shares	38 - Redemption, retraction, cancellation, repurchase	42,500	$0.400
Mar 04/09	Feb 24/09	Zongshen PEM Power Systems Inc.	Direct Ownership	Common Shares	38 - Redemption, retraction, cancellation, repurchase	1,000	$0.380
Mar 04/09	Feb 24/09	Zongshen PEM Power Systems Inc.	Direct Ownership	Common Shares	38 - Redemption, retraction, cancellation, repurchase	4,000	$0.390
Mar 04/09	Feb 24/09	Zongshen PEM Power Systems Inc.	Direct Ownership	Common Shares	38 - Redemption, retraction, cancellation, repurchase	37,500	$0.400
Mar 04/09	Feb 24/09	Zongshen PEM Power Systems Inc.	Direct Ownership	Common Shares	38 - Redemption, retraction, cancellation, repurchase	-42,500
- Amended Filing