UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): September 19, 2007

SHANGHAI CENTURY ACQUISITION CORPORATION

(Exact Name of Registrant as Specified in Charter)

Registrant’s telephone number, including area code: (852) 2854-8989

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of registrant under any of the following provisions:

IMPORTANT NOTICES

SHANGHAI CENTURY ACQUISITION CORPORATION (“SHANGHAI CENTURY”) AND ITS DIRECTORS AND EXECUTIVE OFFICERS MAY BE DEEMED TO BE PARTICIPANTS IN THE SOLICITATION OF PROXIES FOR THE SPECIAL MEETING OF SHANGHAI CENTURY’S SHAREHOLDERS TO BE HELD TO APPROVE THE ACQUISITION (DEFINED HEREIN). EACH OF THE SHANGHAI CENTURY’S OFFICERS AND DIRECTORS ARE ALSO STOCKHOLDERS OF SHANGHAI CENTURY AND HAVE WAIVED THEIR RIGHTS TO ANY LIQUIDATION DISTRIBUTION THE COMPANY MAKES WITH RESPECT TO SHARES THEY ACQUIRED BEFORE THE IPO. THEREFORE, THEIR SECURITIES WILL BE WORTHLESS IF SHANGHAI CENTURY DOES NOT ACQUIRE A TARGET BUSINESS WITHIN TWO YEARS OF THE IPO DATE AS REQUIRED BY SHANGHAI CENTURY’S AMENDED AND RESTATED ARTICLES OF ASSOCIATION. SHAREHOLDERS OF SHANGHAI CENTURY AND OTHER INTERESTED PERSONS ARE ADVISED TO READ, WHEN AVAILABLE, SHANGHAI CENTURY’S PRELIMINARY PROXY STATEMENT AND DEFINITIVE PROXY STATEMENT IN CONNECTION WITH SHANGHAI CENTURY’S SOLICITATION OF PROXIES FOR THE SPECIAL MEETING BECAUSE THESE PROXY STATEMENTS WILL CONTAIN IMPORTANT INFORMATION.

SUCH PERSONS ARE ALSO ADVISED TO READ SHANGHAI CENTURY’S FINAL PROSPECTUS DATED APRIL 24, 2006 FOR A DESCRIPTION OF THE SECURITY HOLDINGS OF SHANGHAI CENTURY’S OFFICERS AND DIRECTORS AND THEIR RESPECTIVE INTERESTS SHOULD THE ACQUISITION BE CONSUMMATED.

THE DEFINITIVE PROXY STATEMENT WILL BE MAILED TO SHAREHOLDERS AS OF A RECORD DATE TO BE ESTABLISHED FOR VOTING ON THE ACQUISITION. SHAREHOLDERS WILL ALSO BE ABLE TO OBTAIN A COPY OF THE DEFINITIVE PROXY STATEMENT, ONCE AVAILABLE AND WITHOUT CHARGE, BY DIRECTING A REQUEST TO:

SHANGHAI CENTURY ACQUISITION CORPORATION

23RD FLOOR, SHUN HO TOWER

24-30 ICE HOUSE STREET

CENTRAL, HONG KONG SAR

CHINA

THE PRELIMINARY PROXY STATEMENT AND DEFINITIVE PROXY STATEMENT, ONCE AVAILABLE, AND THE FINAL PROSPECTUS CAN ALSO BE OBTAINED, WITHOUT CHARGE, AT THE SECURITIES AND EXCHANGE COMMISSION’S INTERNET SITE AT HTTP://WWW.SEC.GOV.

On September 19, 2007, Shanghai Century Acquisition Corporation (the “Company”) issued a press release announcing the financial results of Sichuan Kelun Pharmaceutical Co., Ltd for the six months ended June 30, 2007. A copy of the Company’s press release is filed as Exhibit 99.1 to this Current Report on Form 8-K.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

EXHIBIT INDEX