Nevada
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333-140545
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20-5526104
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||
(State
or other Jurisdiction of Incorporation)
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(Commission
File Number)
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(IRS
Employer Identification No.)
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Area
2, 1/F, Building M-6,
Central
High-Tech Industrial Park, Nanshan,
Shenzhen,
China
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518057
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(Address
of Principal Executive Offices)
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(Zip
Code)
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o
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Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
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o
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Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
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o
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Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
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o
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Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
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Item
1.01.
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Entry
into a Material Definitive
Agreement.
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Item
2.02.
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Results
of Operations and Financial
Condition.
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·
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affirming
its 2009 net income guidance of $11.5 million, an increase of
approximately 238% from 2008 on estimated revenues of approximately $81
million, an 88% increase from 2008;
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·
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announcing
2010 revenue guidance of between $140 million and $145 million from
organic growth, an estimated revenue increase of between 73% and 79% from
2009;
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·
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anticipating
high margin, Chinese domestic market sales to increase more than 300% from
12% of total revenues in 2009 to approximately 40% of total revenues in
2010; and
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·
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announcing
2010 net income guidance of between $22.5 and $23 million, an estimated
increase in net income of between 95% and 100% from
2009.
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Item
9.01.
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Financial Statements and
Exhibits.
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(d)
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Exhibits
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Exhibit
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Description
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Exhibit
10.6
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Distribution
Agreement by and between Guangdong Deer Consumer Products, Inc. and a
leading Chinese national electronics retailer, dated January 15, 2010
(1)
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Exhibit
99.1
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Press
Release “Deer Consumer Products, Inc. Announces 3 Year National Sales
Agreement with a Leading Chinese Electronics Retailer, Provides 2010
Financial Guidance, Anticipates a Year of Record Earnings Growth,” dated
January 20, 2010
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(1)
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Application
has been made with the Securities and Exchange Commission to seek
confidential treatment of certain provisions of the Distribution
Agreement. Omitted material for which confidential treatment has been
requested has been furnished separately to the Securities and Exchange
Commission.
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By:
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/s/ Ying He
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Name:
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Ying
He
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Title:
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Chief
Executive Officer
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