Ownership Submission
FORM 3
 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Shiu Jimmie
 2. Date of Event Requiring Statement (Month/Day/Year)
03/15/2005		 3. Issuer Name and Ticker or Trading Symbol
RETRACTABLE TECHNOLOGIES INC [RVP]
(Last)
(First)
(Middle)
511 LOBO LANE, P.O. BOX 9		 4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

LITTLE ELM, TX 75068		 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)		 2. Amount of Securities Beneficially Owned
(Instr. 4)		 3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)		 4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock 10,000
D
 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)		 2. Date Exercisable and Expiration Date
(Month/Day/Year)		 3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)		 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)		 6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Series V Class B Convertible Preferred Stock 05/25/2004   (1) Common Stock 40,000 $ 0 D  
Option for the right to buy Common Stock 11/01/2001 11/01/2010 Commmon Stock 10,000 $ 10 D  
Option for the right to buy Common Stock 07/01/2001 06/30/2009 Common Stock 15,000 $ 10 D  
Option for the right to buy Commmon Stock 07/09/2001 07/09/2008 Common Stock 15,000 $ 10 D  
Option for the right to buy Common Stock 05/09/2000 05/09/2007 Common Stock 15,000 $ 5 D  
Option for the right to buy Common Stock 04/24/1999 04/23/2006 Commmon Stock 15,000 $ 1 D  
Option for the right to buy Common Stock 09/30/2002 09/30/2012 Common Stock 200,000 $ 6.9 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Shiu Jimmie
511 LOBO LANE
P.O. BOX 9
LITTLE ELM, TX 75068		   X      

Signatures

Jimmie Shiu 03/25/2005
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) N/A

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