UNITED
STATES


SECURITIES
AND EXCHANGE COMMISSION


WASHINGTON,
D.C. 20549





FORM
10-K





(Mark
One)


( X
      )
            ANNUAL
      REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF
      1934.FOR
      THE FISCAL YEAR ENDED MARCH 31, 2009(   )
            TRANSITION
      REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF
      1934.For
      the transition period from _________ to
  __________








Commission
File Number 0-28683





SENIOR OPTICIAN SERVICE,
INC.


(Exact
Name of Registrant as Specified in Its Charter)





NEVADA
              41-1954595(State
      or other jurisdiction of
              (I.R.S.
      Employerincorporation
      or organization)
              Identification
      No.)





NO. 195
ZHONGSHAN RD, HEPING DISTRICT


SHENYANG,
LIAONING PROVINCE


PEOPLE’S REPUBLIC OF
CHINA


(Address
of principal executive offices)





86-24-2286-6686(Issuer's
      telephone number)





Securities
Registered Pursuant to Section 12(b) of the Exchange Act: NONE





Securities
Registered Pursuant to Section 12(g) of the Exchange Act:





COMMON STOCK, $0.001 PAR
VALUE


(Title of
Class)





Indicate
by check mark if the registrant is a well-known seasoned issuer, as defined in
Rule 406 of the Securities Act.    Yes __ No √




Indicate
by check mark if the registrant is not required to file reports pursuant to
Section 13 or Section 15(d) of the Act.    Yes __ No √











Indicate
by check mark whether the registrant (1) has filed all reports required to be
filed by Sections 13 or 15(d) of the Securities Exchange Act of 1934 during the
preceding 12 months (or for such shorter period that the registrant was required
to file such reports), and (2) has been subject to such filing requirements for
the past 90 days. Yes  √   No
__





Indicate
by check mark disclosure of delinquent filers pursuant to Item 405 of Regulation
S-K (§ 229.405) is not contained herein, and will not be
contained,  to the best of
registrant's  knowledge,  in definitive proxy or
information  statements incorporated  by
reference  in Part III of this Form 10-K or any  amendment
to this Form 10-K. [ ]





Indicate
by check mark whether the registrant is a large accelerated filer, an
accelerated filer, a non-accelerated filer, or a smaller reporting
company.  See the definitions of “large accelerated filer,”
“accelerated filer” and “smaller reporting company” in Rule 12b-2 of the
Exchange Act. (Check One)




Large
accelerated filer 
Accelerated filer
Non-accelerated filer
Small reporting company X





Indicate
by check mark whether the registrant is a shell company (as defined in Rule
12b-2 of the Exchange Act). Yes __ No √





As of
July 10, 2009 the aggregate market value of the common stock held by
non-affiliates was approximately $2,242,963, based upon the closing sale price
on July 10, 2009 of $.12 per share.





As of
July 10, 2009, there were 29,901,100 shares of common stock
outstanding.





Documents
incorporated by reference: NONE











PART
I





FORWARD-LOOKING
STATEMENTS: NO ASSURANCES INTENDED





In
addition to historical information, this Annual Report contains forward-looking
statements, which are generally identifiable by use of the words “believes,”
“expects,” “intends,” “anticipates,” “plans to,” “estimates,” “projects,” or
similar expressions. These forward-looking statements represent Management’s
belief as to the future of Senior Optician Service, Inc.  Whether
those beliefs become reality will depend on many factors that are not under
Management’s control.  Many risks and uncertainties exist that could
cause actual results to differ materially from those reflected in these
forward-looking statements. Factors that might cause such a difference include,
but are not limited to, those discussed in the section entitled “Risk Factors.”
Readers are cautioned not to place undue reliance on these forward-looking
statements. We undertake no obligation to revise or publicly release the results
of any revision to these forward-looking statements.







ITEM
1.               BUSINESS





Senior
Optician Service, Inc. (the “Company”), through its wholly-owned subsidiary,
Vantone International Group, Inc., owns 100% of the registered capital of
Shenyang Vantone Health Care Products Manufacturing Co., Ltd. (“Vantone
Manufacturing”), a corporation organized in January 2007 under the laws of the
People’s Republic of China (the “PRC”).  Vantone Manufacturing is
engaged in the manufacture and distribution of health and beauty products, water
purifying equipment, and kitchen and bath equipment.





Effective
on April 1, 2007, Vantone Manufacturing obtained control over the business
of Shenyang Vantone Yuan Trading Co., Ltd. (“Vantone Yuan”), the relationship
between them being customarily identified as “entrusted
management.”  The relationship is defined by three agreements, each of
which has a term of ten years. The effect of these agreements is that Vantone
Manufacturing acquired the exclusive control over the business of, the right to
all revenues obtained by, and responsibility for all of the expenses incurred by
Vantone Yuan.





Vantone
Yuan is a distribution company that was founded in April 2007 under the laws of
the People’s Republic of China with registered capital of 20 million RMB
(US$2,923,976).  Vantone Yuan’s executive offices and manufacturing
facility are located in the City of Shenyang in Liaoning Province, in
northeastern China. Vantone Yuan engages in the distribution of 70 different
commodity products, mainly through more than 400 dedicated franchise stores
located throughout China.





Vantone
Yuan carries out most of its distribution business through the operations of
wholly-owned subsidiaries organized under the laws of the PRC: Kang Ping Vantone
Trading Co., Ltd., Kang Ping Vantone Yuan Trading Co., Ltd. and Shenyang Vantone
Liyuan Trading Co., Ltd.  Vantone Yuan carries out its insurance
business through a subsidiary in which it holds a 78%
interest:  Liaoning Vantone Insurance Agent Co., Ltd. (“Vantone
Insurance”).  During a portion of 2008 and until the end of March 2009
Vantone Yuan also owned two smaller insurance companies:  Jilin
Qunfeng Insurance Agent Co., Ltd (“Qunfeng”) and Heilongjiang DiAn Insurance
Agent Co., Ltd. (“DiAn”).  Qunfeng and DiAn, which accounted for
approximately 26.5% of Vantone Yuan’s insurance business in the year ended March
31, 2009, were sold to Honggang Yu and his spouse, Hongfen Cao, for
approximately $19,000 at the end of March 2009.





1





Marketing
Network




Within
the past two years, Vantone Yuan has developed a strong sales network across
China.  Initially it established a chain of more than 400 franchise
stores across the China, as well as branch offices in Jilin and Heilongjiang
Provinces. Since April 2008 Vantone Yuan has been gradually converting the
franchises to exclusive sales agencies, with the goal of completing the
conversion by September 2009.  Through the sales network, the Company
has distributed a variety of 70 different products ranging from the daily
commodities such as toiletries, vitamins water filters, and insurance
products.





Currently,
there are stores selling the Vantone products exclusively in 150 cities in 20
provinces of China. The stores carry Vantone trade dress and are permitted to
sell only Vantone products. The stores are free to determine resale prices for
the products, but must honor the suggested minimum retail price.





Since
April 2008, Vantone Yuan has been gradually establishing regional sales agents
to help supervise the management of the stores and enhance the customer bases
for Vantone products. The sales agents are unaffiliated companies, which assume
their own independent financial responsibility. Under the model Sales Agent
Agreement, the sales agent pays an initial one-time fee of RMB 5,000 to be
licensed to do business under Vantone’s logo, the Company’s own trademark. With
the requirement that the initial order be at least 20,000 RMB and succeeding
orders be no less than 10,000 RMB, the sales agent is be licensed to use a
Vantone logo on the storefront that makes the store easy to
recognize.





Under the Sales Agent Agreement, the
Sales Agent is authorized to develop subordinate sales agents under the sales
region and is entitled to bonuses according to related policies set by the
Company.  The term of the Sales Agent Agreement is one year. The
agreement is renewable. Provided that within two months prior to the deadline of
the agreement the Sales Agent sends written renewal notice to the Company, no
renew fee shall be required.





Vantone
Yuan also offers products direct to consumers through the Company’s website. On
the website, customers can search and purchase all the products sold under
Vantone’s trademark. Being a new and fast distribution channel, E-commerce is
expected to attract more customers to purchase and new suppliers to provide new
products and services under Vantone’s logo.  At the same time,
however, Vantone Yuan has a competitive advantage over purely online marketers,
having the support of its current franchisees and logistic system. The Company
provides “brick and mortar” operations to create a tangible business presence in
contrast to a purely virtual presence, and the Company provides immediate human
response from phone support.





2





Product
Lines




Currently
the Company engages in two segments of business activities: distribution of
daily commodity, health and beauty products and insurance agency
service.





Through
its three wholly-owned subsidiaries, Kang Ping, Kang Ping Vantone Yuan, and
Liyuan, the Company is engaged in the distribution of a wide variety of
commodities, some of which it manufactures and some of which are manufactured
for Vantone Yuan and carry its private label.  The products
distributed by Vantone Yuan include the following categories.




Vantone
Water Purifier Series.  Vantone Manufacturing has
developed a production facility for the manufacture of our own water purifier
products. During the fiscal year ended March 31, 2009, the sales of this
category of products represented approximately 80% of our sales
revenues.




InChina, drinking water safety is a growing
concern, as it has been estimated that over 70% of Chinese rivers, lakes and
seashores are polluted and 90% of underground water in the cities is also
polluted. Potable water is a common concern of most households and businesses.
Water filters are an efficient and cost effective method many consumers are
choosing.




Vantone provides Reverse Osmosis Carbon
Filters. Reverse Osmosis (RO), also known as Hyper-filtration by the industry,
represents the state-of-the-art in water treatment technology. Originally RO was
developed in the late 1950's as a method of desalinating sea water. Today, RO
has earned its name as the most convenient and thorough method to filter water.
It is used by most water bottling plants, and by many industries that require
ultra-refined water in manufacturing. Now Vantone makes this advanced technology
available to homes and offices for drinking water filtration at affordable
prices.




Vantone Water
Filter.  This product is developed and manufactured by
Guangdong Dianguan Water Technology Ltd.  The filter features an
activated carbon filter that reduces chlorine, sediment, bad taste and odor. The
double filtration process reduces lead, copper, chlorine, sediment, chemicals
linked to cancer (TTHMs, Benzine), bad taste and odor as the first step, and
removes 99.99% of microbiological contaminants, cryptosporidium and algae,
producing clean, healthy water with better taste. The compact design makes it
easy to use and store by fitting in the sink or refrigerator. The cost is
relatively low and can be afforded by an ordinary household.





GS Nano Cigarette
Filter.  This product is imported from the U.S. Generally a
cigarette filter can reduce the amount of smoke, tar and fine particles. The
Nano cigarette filter can be more helpful in reducing the intake of hazards into
the lungs, alleviating morning cough from smoking, and improving breath and
taste. It can also help reduce smoke dependency and cravings while maintaining
the cigarette flavor.





Mengxishi---Skin care
products.  We sell two categories of Mengxishi skin care
products: high-tech skin care products and conventional skin care
products.





·
            High-Tech
      Skin Care Product Family:




3




Dow
Corning’s high molecular weight silicone elastomers were used to develop
Mengxishi high-tech skin care products, a leading edge anti-aging cosmetic
technology. The innovative formula improves the skin’s appearance to achieve a
smoother, more youthful looking skin, with prolonged use enhancing the effect.
The products also aid in dermal hydration, providing skin with balance to stay
soft and smooth. There are five products in this product family: Soft
Bio-peptide refinisher, Soft Bio-peptide lotion, Soft Bio-peptide emulsion, Soft
Bio-peptide cream, Soft Bio-peptide eye cream.





·
            Conventional
      Skin Care Product Family:




Mengxishi
also has a conventional skin care product family, including face cream, skin
balancing cleanser, skin whitening cleanser, dry skin cleanser, skin balancing
lotion, skin balancing gel, skin whitening cream, moisture cream, sun protection
cream, skin balancing mask, skin whitening mask, skin moisture mask, skin
emulsion, hand cream, nutrition eye cream, revitalizing cream. Compared to the
high-tech skin care products, conventional skin care products are cheaper and
thus affordable to the ordinary family.





Both
series of Mengxishi skin care products were the result of research by PLA
General Hospital, a well-known hospital in China. Vantone Yuan sponsored the
research, as a result of which our CEO, Honggang Yu, owns the trademark for and
formula for Mengxishi.





In June,
2007, we entered into a production-distribution contract with the Beijing
Daily-Commodity Manufacturing Company.  According to the contract,
Beijing Daily-Commodity Manufacturing Company is responsible for the production
of Mengxishi products according to the product list, amount, and package
standards Vantone Yuan requires.  Vantone Yuan is responsible for the
distribution of the products. Vantone Yuan is also responsible for all product
returns as no returns to the factory are permitted according to the contract.
Vantone Yuan also assumes all the expenses related to the packaging,
advertisement and marketing.





Nutritious Food
Products.  Chinese herbalism is a 4,000 year old tradition. It
is integral to Chinese culture and society as a concept of improving health in a
natural way, incorporating dietary therapy as an effective way to prevent and
treat diseases. Based on the theory of Chinese traditional medicine, the intake
of food and natural ingredients are intricately connected to our health and
well-being. Abstracts from natural herbs and foods can enhance human beings’
immune system and improve functions of organs, thus creating medical effects.
Because of this traditional notion, traditional Chinese medicine made of natural
herbs and dietary food is very popular in China for the prevention and treatment
of diseases. The six food products the Company distributes are central to these
types of traditional Chinese practices, including:





(1) Kang Xin Tai Liquid: liquid extracts of herbal
ingredients, Danshen, Dilong. The liquid is intended to clean the thrombus,
provide nutrition to the nervous system, decrease blood viscosity and the level
of cholesterol, improve the function of liver and cardiovascular system, and
prevent apoplexy. The liquid is also believed to help prevent the complications
of diabetes such as hyperglycaemia.





(2)Ganoderma Amboinense
Capsules.The
effective ingredient,the ganoderma, is one of the most precious herbs used in Chinese
traditional medicine. The special technique our provider, Teng Tai Tang, uses in
the plant grown in his own farms ensures a consistent high quality superior to
others in the market, with more nutrients such as Polysaccharide element, amino
acid polypeptide, adenosine, etc. Ganoderma has been proven to be able to help
improve immune system and is often used by persons with cancers.





4





(3)Pan Tea Pellet, tea
extracts.This product contains
tea polyphenols, flavonoids, zinc, potassium, calcium, multiple amino acids, and
polysaccharides. The active ingredient of polyphenols as one type of antioxidant
may help prevent blood clotting and lower cholesterol levels, and thus reduce
risk of gastric, esophageal and skin cancers. It can also help improve vitality,
immunity, natural health and longevity, and protect kidney and spleen. Currently
this series has 7 different products in the markets.





(4)Changbao Huiyuan Liquid. Made
of Chinese medicine—including aweto, organic herbal together with traditional
Chinese white wine, it can be used for both male and female to improve the
function of sexual hormones, prevent fatigue and aging, and improve memory
system and metabolism. The liquid contains complex zinc, amino acids and other
trace elements.





(5)Xibao Tablet (Tablet with
Selenium). Selenium plays an important role in the body's enzyme
function, and may help to stimulate the production of antibodies
(disease-fighting organisms) after vaccination. Selenium also aids in male
fertility. Selenium is also considered an antioxidant, and it may work with
other antioxidants such as vitamins C and E to protect the body's cells against
free radicals, which can help inhibit cancerous cells and prevent heart
disease





(6)Vantone Longevity Salt.As a substitute for sodium
in ordinary salt, thepotassium contained in
our product can not only avoid the harm resulted from sodium, but can also help
improve kidney function. It also plays a key role in cardiac, skeletal, and
smooth muscle contraction, making it an important nutrient for normal heart,
digestive, and muscular function.





Bamboo Fiber and Yarn
Product Family.  The Bamboo Fiber and Yarn Product Family
consists of 13 products produced by a Chinese company located in Shenzhen. All
the products are made of bamboo fiber and yarn. Bamboo grows widely throughout
China and is easily to get. Bamboo is a renewable resource. It can be harvested
without killing the plant, and it only takes a few months before the plant is
ready to be harvested again. That makes it an environmentally friendly choice.
Bamboo yarn is strong, flexible, and can be softer than silk when spun into
yarn. The Bamboo Fiber and Yarn product family include quilts, towels,
underwear, pajamas, mats,  etc. This category of products accounted
for a major part of our revenue during the year ended March 31,
2008.  However, because products made of bamboo materials are suitable
for use in hot weather, we realized that in the long term the sales of products
in the cold northern region would not have good potential. Thus we decided to
suspend the sale of this category of products in 2008.




Seaside Naturals Baby
Product Family.  Recently we entered into a sales agent
agreement with Seaside Natural Inc, a U.S. company, and obtained the right to
distribute its baby products “Little Star” series in China.  The
“Little Star” series of baby productsincludes: Baby Powder
(Sprinkle, Sprinkle Little Star Dust); Babies Cleaner; Baby Calming Spray; Baby
Oil; Baby Lotion (Little Star Illuminating Lotion); Baby Diaper Rash Cream; Baby
Wash and Shampoo; Baby Room Freshener; Baby Bottom Wash; Baby Cream; Baby Diaper
Jelly; and Baby Cradle Cap Remedy.





5




Insurance Agency
Services





The insurance industry inChinaisnascent, but growing
rapidly.  From 2006 to 2007 the market for insurance inChinamore than doubled in size. Currently
there are about 1000 professional insurance agencies inChina.  Although the current global
recession is a limiting factor, we believethat the market will continue to grow at
a significant pace.China’s government encourages the development
of the insurance industry to satisfy the need for insurance products inChina. With a better understand of the
benefits of life and property insurance, Chinese citizens are more willing to
spend money on insurance products.





In China,
a license is required to become an insurance agent. The China Insurance
Regulatory Commission (“CIRC”) is the regulatory authority that is responsible
for the issuance of this license. On December 9, 2003, the CIRC granted Vantone
Insurance a license to act as agent in the distribution of all types of
insurance product and perform other insurance related services. The license
expires on December 9, 2010, but we expect to be able to renew.





Vantone
Insurance primarily represents the insurance products of New China Life
Insurance Co., Ltd. and Ping An Insurance Corporation in
Shenyang.  The Company expects to expand its involvement in the
insurance market, and has recently developed relationships with  two
additional insurance companies in China: Zhong Yi Insurance Company and Xin Hua
Insurance Company.  Meanwhile, the Company is also working with its
underwriters to develop new insurance products based on feedback from the
market. We anticipate a growing business income in this area in the coming
years.




Our
Suppliers





Most of
the products sold by Vantone Yuan are manufactured of Vantone Yuan on a “private
label” basis by independent factories.  Among our principal suppliers
are:




·
                                    Mengxishi
      Products:
                                    Beijing
      Daily-Commodity Manufacturing Company·
                                    Vantone
      Water Purifier:
                                    Guangzhou
      Yi Teng Distribution CompanySi
      Fang High Tech Stock Limited CompanyShenyang
      Lang Xun Technology·
                                    Seaside
      Natural Furnace:
                                    Guangzhou
      Zhongshan Wanyi KitchenSanitary
      Product Limited Co..·
                                    Alkaline
      Water Cups:
                                    Shenyang
      Mei Yi Bio-Technology Company·
                                    Bamboo
      Fiber andYarn Products:
                                    Shenzhen
      Shanyue Technology Development Company
Ltd.




6





Some of these products are also
manufactured by Vantone Manufacturing or Vantone Yuan.  Generally, we
will be able to second source any of our products if any of our suppliers
becomes unavailable to us




Intellectual
Property




Vantone
Yuan is currently applying for trademark protection in China for its
name:  Vantone and Vantone Yuan, and for the Chinese character
logo:  “万通” and “万通源”.





Our
subsidiary, Vantone Manufacturing, owns the trade mark of Seaside Naturals. The
trademark registration number in China is ZC7158721SL.





Competition




Currently
Vantone’s primary Chinese competitor is a large chain store named “Watsons
Group,” which is engaged in the distribution of health care and cosmetics
products in China. In addition, we face indirect competition from Amway, which
has received permission from the Government of China to carry on direct
multilevel sales of health and beauty supplies throughout  China. As a
global leader in direct selling, Amway has over three million Independent
Business Owners (IBOs) in over 80 countries and territories around the world.
Amway first entered Chinese market in 1992 and was granted the direct sales
license. By the end of 2006, it had 3 area sales branches in Guangzhou, Beijing
and Shanghai, China. Also it has a manufacturing base in Guangzhou to produce
nutrition products, cosmetics, personal and home care products. In 2006, the
total revenue for Amway in China was 19 billion RMB (approx. $2.8 billion). Avon
and Mary Kay are two other American companies licensed to conduct direct
marketing of health care products and daily commodities in China.





Although
our competitors have strong financial advantages and entered into the health and
beauty market earlier than we did, we have competitive strength in three
aspects. First, some of the key products that we distribute, such as Ganoderma
Amboinense Capsules and Pan Tea Pallet, are unique to the market and exclusively
distributed by us. Second, we have an efficient management team, a group of
experts and professionals who are able to identify the most advanced new
products in the industry, and experienced analysts who decide where to open new
stores and create more production capacity. Third, we have developed a close
business relationship with our customers through our 400 branded
stores.





The
markets for the health care industry and the insurance industry in China are
still in their infant stage and have great potential. Domestic demands are
growing very fast because of the improvement of standard of living. As our brand
names have gradually been recognized in the industries, suppliers are willing to
offer our Company low wholesale prices to distribute their products through our
network. We believe that with our effective strategies in marketing and sales,
brand recognition, product quality, customer service, niche marketing and
segmentation, we will be able to have a competitive advantage in the
distribution of health care products and insurance products.





7




Employees




Vantone’s
business is organized into six operational
departments:  administration, marketing, human resources, business
data management, financial data management, and production operations. There are
currently 45 full-time employees, including 16 in administration, 10 in
marketing, 7 in the human resource department, 5 in the business data management
center, 5 in the financial data management center, and 2 in production
operations.





ITEM
1A             RISK
FACTORS





Investing
in our common stock involves risk. You should carefully consider the risks
described below together with all of the other information contained in this
Report, including the financial statements and the related notes, before
deciding whether to purchase any shares of our common stock. If any of the
following risks occurs, our business, financial condition or operating results
could materially suffer. In that event, the trading price of our common stock
could decline and you may lose all or part of your investment.





Our
ability to generate revenues could suffer if the PRC market for health care and
insurance products does not develop as anticipated.




As the
economy of the PRC has expanded in recent years, the market for both our
consumer products and our insurance products has swelled.  This
momentum has been abetted by the introduction of new products, the development
of consumer preferences by new competitors and adaptation of strategies by
existing competitors. We expect both markets will continue to grow, and we must
continue to adapt our strategy to be competitive in the market. The current
worldwide recession, however, has reduced the rate of growth, and the long term
prognosis for the Chinese economy cannot be predicted.  Likewise
consumer tastes are difficult to accurately predict. If we cannot successfully
identify the suitable products to be distributed in the market, our ability to
increase revenues could suffer.





Competition
from other chain stores which carry similar products and services could
materially adversely affect our revenues and financial condition.




The
health care and insurance agent industry are highly competitive and driven by
consumer preferences. Our competitors include chain stores with brands known
domestically and overseas. Our competition also includes worldwide direct
marketing organizations, such as Amway and Avon.  Our competitors may
introduce products similar to ours with more competitive prices that will cause
us to lose customers. Failure to maintain our competitive position could
materially decrease our revenues and affect our financial
condition.





We
are implementing significant changes in our business plan.  If we fail
to effectively manage the transition, our business and operating results could
be harmed.




During
the past fiscal year we began to implement significant changes in our business
plan.  Initially we began to transition from a franchise marketing
model to an agency model.  Then in February 2009 we added to our
product offerings higher priced electronic products.  Both of these
changes have resulted in disruptions in our financial results.  In
addition, the changes have placed, and will continue to place, significant
demands on our management, and on our operational and financial infrastructure.
If we do not effectively manage these transitions, the quality of our products
and services will suffer, which would negatively affect our operating results.
In addition, if the necessary funding can be obtained, we will be able to
improve our operational, financial and management controls and our reporting
systems and procedures. The complexity of this undertaking means that we are
likely to face many challenges, some of which are not foreseeable. Problems may
occur with our business relationship with the suppliers, and with our ability to
sell our products to our customers. If we are not able to obtain the necessary
funding and operate efficiently, our business plan may fall short of its goals,
and our ability to manage our growth could be hurt.





8





The
capital investments that we plan may require that we issue additional shares of
capital stock.




We intend
to raise a large portion of the funds necessary to implement our business plan
by selling equity in our company.  At present we have no commitment
from any source for those funds.  We cannot determine, therefore, the
terms on which we will be able to raise the necessary funds.  It is
possible that we will be required to issue capital stock in order to obtain
the funds.  This would reduce the portion of our equity held by our
current shareholders.  If, however, we are unable to raise the necessary
funds, our growth will be limited, as will our ability to compete
effectively.





An
inability to protect our intellectual property rights could reduce the value of
our products, services and brand.




Our
unique technologies and brand are important assets for us.  We have
applied to the Chinese government for intellectual property right protection for
some of the technologies and brands that we own. However, this legal effort may
sometimes not be sufficient or effective, due to the lack of effective legal
enforcement in China.  Any significant impairment of our intellectual
property rights could harm our business or our ability to compete. In addition,
since protection of our intellectual property rights is costly and time
consuming, any unauthorized use of our patented technologies could increase our
cost of business and eventually harm our operating results.





An
increase in wholesale prices for our distributed products could increase
Vantone’s costs and decrease its profits.




Changes
in wholesale prices for our distributed products could significantly affect
Vantone’s business. Since cost for the distributed materials constitute a
substantial part of our product price, increase in the cost will decrease our
profit margin.  We also rely on several major suppliers to provide
such products to distribute. Failure to maintain business relationship with this
these major suppliers may make the distributed products inaccessible, and thus
hurt our operating results.





We
may have difficulty establishing adequate management and financial controls in
China.




The People’s Republic of China has only
recently begun to adopt the management and financial reporting concepts and
practices that investors in the United States are familiar with.  We
may have difficulty in hiring and retaining employees in China who have the
experience necessary to implement the kind of management and financial controls
that are expected of a United States public company.  If we cannot
establish such controls, we may experience difficulty in collecting financial
data and preparing financial statements, books of account and corporate records
and instituting business practices that meet U.S. standards.





9





We
may incur significant costs to ensure compliance with U.S. corporate governance
and accounting requirements.




We may
incur significant costs associated with our public company reporting
requirements, costs associated with newly applicable corporate governance
requirements, including requirements under the Sarbanes-Oxley Act of 2002, or
Sarbanes-Oxley, and other rules implemented by the Securities and Exchange
Commission. We expect all of these applicable rules and regulations to increase
our legal and financial compliance costs and to make some activities more
time-consuming and costly. We also expect that these applicable rules and
regulations may make it more difficult and more expensive for us to obtain
director and officer liability insurance and we may be required to accept
reduced policy limits and coverage or incur substantially higher costs to obtain
the same or similar coverage. As a result, it may be more difficult for us to
attract and retain qualified individuals to serve on our board of directors, on
committees of our board of directors or as executive officers.




As a
public company, we are required to comply with rules and regulations of the SEC,
including expanded disclosure, accelerated reporting requirements and more
complex accounting rules.  This will continue to require additional
cost management resources. We will need to continue to implement additional
finance and accounting systems, procedures and controls as we grow to satisfy
these reporting requirements. In addition, we may need to hire additional legal
and accounting staff with appropriate experience and technical knowledge, and we
cannot assure you that if additional staffing is necessary that we will be able
to do so in a timely fashion. If we are unable to complete the required annual
assessment as to the adequacy of our internal reporting or if our independent
registered public accounting firm is unable to provide us with an unqualified
report as to the effectiveness of our internal controls over financial reporting
in the future, we could incur significant costs to become
compliant.





Our
financial results may be affected by mandated changes in accounting and
financial reporting.




We
prepare our financial statements in conformity with accounting principles
generally accepted in the United States of America. These principles are subject
to interpretation by the Securities and Exchange Commission and other regulatory
institutions responsible for the promulgation and interpretation of securities
rules and accounting policies. A change in these policies may have a significant
effect on our reported results and may even retroactively affect previously
reported transactions.





We
rely on highly skilled personnel and, if we are unable to retain or motivate key
personnel or hire qualified personnel, we may not be able to grow
effectively.




Our
performance largely depends on the talents and efforts of highly skilled
individuals. Our future success depends on our continuing ability to identify,
hire, develop, motivate and retain highly skilled personnel for all areas of our
organization.





10





Capital outflow policies in China
may hamper our ability to pay dividends to shareholders in the United
States.




The
People’s Republic of China has adopted currency and capital transfer
regulations. These regulations require that we comply with complex regulations
for the movement of capital. Although Chinese governmental policies were
introduced in 1996 to allow the convertibility of RMB into foreign currency for
current account items, conversion of RMB into foreign exchange for capital
items, such as the payment of dividends, requires the approval of the State
Administration of Foreign Exchange. Because most of our future revenues
will be in RMB, any inability to obtain the requisite approvals or any future
restrictions on currency exchanges will limit our ability to pay dividends to
our shareholders.





Currency
fluctuations may adversely affect our operating results.




Vantone
generates revenues and incurs expenses and liabilities in Renminbi, the currency
of the People’s Republic of China.  However, as a subsidiary of the
Company, it will report its financial results in the United States in U.S.
Dollars.  As a result, our financial results will be subject to the
effects of exchange rate fluctuations between these currencies.  From
time to time, the government of China may take action to stimulate the Chinese
economy that will have the effect of reducing the value of
Renminbi.  In addition, international currency markets may cause
significant adjustments to occur in the value of the Renminbi.  Any
such events that result in a devaluation of the Renminbi versus the U.S. Dollar
will have an adverse effect on our reported results.  We have not
entered into agreements or purchased instruments to hedge our exchange rate
risks.




The
Company is not likely to hold annual shareholder meetings in the next few
years.




Management
does not expect to hold annual meetings of shareholders in the next few years,
due to the expense involved.  The current members of the Board of
Directors were appointed to that position by the previous
directors.  If other directors are added to the Board in the future,
it is likely that the current directors will appoint them.  As a
result, the shareholders of the Company will have no effective means of
exercising control over the operations of the Company.





11




ITEM
1B             UNRESOLVED
STAFF COMMENTS





Not
Applicable.





ITEM
2.               DESCRIPTION
OF PROPERTY




Our
executive offices and production facilities are located No.195 Zhongshan Road,
Heping District, Shenyang, China. We own 16th,
17th
and 18th floors
of the building.  As is the rule in China, however, the land on which our
facility is located is leased from the government for a term of 50
years.  Our land lease expiration date is August 23, 2046, and we will
be able to extend the land lease term after paying certain amounts of property
taxes upon expiration. The land use right was issued to Vantone by the City of
Shenyang.


We also
lease certain office space in Harbin, Jilin, and Kangping Districts, and one
warehouse in Kangping District under an operating lease. The rent fees for our
leased properties under operating lease were $30,723 and $3,240 for the years
ended March 31, 2009 and 2008, respectively. In the next few years, the rental
costs will continue to increase. We will be able to renew those leases when they
expire.




ITEM
3.              LEGAL
PROCEEDINGS





None.





ITEM
4.               SUBMISSION
OF MATTERS TO A VOTE OF SECURITY HOLDERS





None.





PART
II





ITEM
5. MARKET
FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES
OF EQUITY SECURITIES.





(a)
Market Information




Our
common stock is listed for quotation on the OTC Bulletin Board system under the
symbol “SOSV.”  The following table sets forth for the respective
periods indicated the prices of the common stock, as reported by the OTC
Bulletin Board.  Such prices are based on inter-dealer bid and asked
prices, without markup, markdown, commissions, or adjustments and may not
represent actual transactions.




12




BidQuarter
      Ending
                        High
                        LowJune
      30, 2007
                        $   .13
                        $   .10September
      30, 2007
                        $   .14
                        $   .10December
      30, 2007
                        $   .10
                        $   .08March
      31, 2008
                        $   .10
                        $   .08June
      30, 2008
                        $   .65
                        $   .15September
      30, 2008
                        $   .30
                        $   .15December
      31, 2008
                        $   .15
                        $   .11March
      31, 2009
                        $   .14
                        $   .09




(b)
Shareholders




On July 13, 2009 there were
approximately 475 holders of record of our common stock.





(c)  Dividends




Since the Company’s incorporation, no
dividends have been paid on our Common Stock. We intend to retain any earnings
for use in our business activities, so it is not expected
that  any  dividends on our common stock will be declared
and paid in the foreseeable future.





(d)  Securities Authorized
for Issuance Under Equity Compensation Plans





The
information set forth in the table below regarding equity compensation plans
(which include individual compensation arrangements) was determined as of March
31, 2009.





Number
      of securities to be issued upon exercise of outstanding options, warrants
      and rights
                                          Weighted
      average exercise price of outstanding options, warrants and
      rights
                                          Number
      of securities remaining available for future issuance under equity
      compensation plansEquity
      compensation plans approved by security holders
                                          0
                                          N.A.
                                          0Equity
      compensation plans not approved by security holders
                                          0
                                          N.A.
                                          0Total
                                          0
                                          N.A.
                                          0





(e)  Sale
of Unregistered Securities




Senior Optician did not effect any
unregistered sales of equity securities during the 4th quarter
ended March 31, 2009.





(f)
Repurchase of Equity Securities




Senior
Optician did not repurchase any of its equity securities that were registered
under Section 12 of the Securities Act during the 4th quarter
ended March 31, 2009.





13




ITEM
6.               SELECTED
FINANCIAL DATA





Not
applicable.





ITEM
7.              
MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITIONS AND RESULTS OF
OPERATIONS





Result of
Operations





Vantone
Yuan commenced its operations in 2007, and has grown to achieve a significant
position in the Chinese market for health and beauty aids.  During the
year ended March 31, 2008, the combined revenues of Vantone Manufacturing and
Vantone Yuan totalled $8,820,089.





During
the fiscal year ended March 31, 2009, however, we implemented a major adjustment
of our sales model and business development strategy. Our goal is to take
advantage of our distribution network that we have developed for health and
beauty products to enter the rapidly growing Chinese market for insurance
policies.  In order to achieve that goal, it is necessary that we
convert our marketing network from a franchise model to an agency
model.  So for the past year we have been gradually transforming our
franchisees into sales agents, capable of marketing both household supplies and
insurance policies.





This
transformation of our marketing network caused disruption in our sales effort
during the fiscal year ended March 31, 2009.  During the same period,
we suspended distribution of the bamboo products that had accounted for nearly
40% of our sales revenue during the year ended March 31, 2008.  We
determined that the seasonality of the products and the limited geographic area
in which they can be successfully marketed made them a disadvantageous
foundation for our marketing effort.  Primarily as a result of these
two adjustments, our revenues during the fiscal year ended March 31, 2009
dropped to $2,958,731 from $8,820,089 for the fiscal year ended March 31,
2008.





Our
revenues during the year ended March 31, 2009 arose from our two business
segments: distribution of household commodities and marketing of insurance
policies. Our revenues from the sale of our household products during the fiscal
year ended March 31, 2009 totaled $2,562,010, or 86.6% of our revenues for the
period. The revenue from our insurance agency services was $396,721, or 13.4% of
our revenues for the year ended December 31, 2009.





Going
forward, our revenue will be significantly affected by a third line of
products.  In February 2009, we commenced our efforts to enter into
the market for the distribution of consumer electronics and home appliances in
China:  televisions, air conditioners, refrigerators, cellular phones,
cooking appliances, etc.  In April 2009 we began to sell those
products. We are entering this market at this time, in part because the Chinese
government recently established a 2 billion RMB stimulus package, consisting of
subsidies to assist low income families in purchasing new electronics and home
appliances. This stimulus package creates a significant business opportunity for
the distribution of the targeted products through our existing distribution
network.





14





Recognizing
this business opportunity, we plan to develop a combination of our current sales
agent, service system and an E-commerce platform to distribute consumer
electronics and home appliances. Since February 2009, we have started to
negotiate with several famous brand name manufacturers of televisions,
refrigerators, air conditioners, cellular phones, and other consumer electronics
manufacturers in China. We plan to offer these products through our sales
agents.  We also plan to use the most updated software to establish an
efficient and safe platform for internet purchases. For the products sold
through our name, we will provide a set of after-sale customer services. We have
also started to train our sales agents and service team to get them ready for
our expansion in the consumer electronics and home appliance distribution
industry. With all these efforts, we intend to establish our own brand name in
the sales of consumer electronics and home appliances.





We expect
that, with our marketing efforts in the final quarter of the recently completed
fiscal year, sales for the first and second quarter of the current year will
grow.





Since the
beginning of the 2008 fiscal year, we have been organizing our insurance agency
business, particularly focused on the distribution of life insurance and
property insurance products for major insurance companies in
China.  As part of this effort, we have established relationships with
a number of the major insurance companies in China, and will in the future be
authorized to market life
insurance and property insurance products for New China lifeInsurance
Co., Ltd, Ping AnInsurance,
ZhongYi
LifeInsurance,
ShouChuang An
Tai, and XinFu Insurance Co.For this
reason,we expect significant growth in this segment of business in the
future.





Just as
our revenue declined from the fiscal year ended March 31, 2008 to the fiscal
year ended March 31, 2009, our cost of sales also dropped from $2,062,647 to
$1,157,218. Because of the disruption in our distribution networks, our gross
margin decreased from 76.6% during the fiscal year ended March 31, 2008 to 60.9%
during the fiscal year ended March 31, 2009.





Since our overhead has not changed
significantly since 2007, our selling, general and administrative expenses
remained relatively stable from period to period – with one
exception.  General and administrative expense for the year ended
March 31, 2009 grew to $1,080,159 from $701,938.  This was entirely
attributable to the expenses that we incurred in connection with our efforts to
effect a reverse merger of Vantone International into aU.S.shell company, which was accomplished
in May 2009.We
expect, however,
thatour selling, general
and administrative expenseswillincrease in proportion to therevitalizationin our business activity in the coming
periods.In
addition, we will now bear the ongoing expenses attributable to being aU.S.public, reporting
company.




Although,
under U.S. accounting principles, we realized only $224,715 in net pre-tax
income for the year ended March 31, 2009, our taxable income as calculated under
Chinese principles was considerably higher.  For that reason, we
recorded an income tax expense of $97,656 for the period.  In
contrast, during the fiscal year ended March 31, 2008, Vantone Yuan had an
income tax of $21,810, and we recorded no liability, despite pre-tax income of
$5,300,638, as it received a government tax exemption for that
year.





15




For the
reasons described above, we realized only $149,823 in net income during the
fiscal year ended March 31, 2009, compared to $5,264,229 for the fiscal year
ended March 31, 2008. As we complete our strategic adjustment in our sales of
daily commodities and insurance products, we expect our sales to revive entering
the current fiscal year.




Our business operates primarily in
Chinese Renminbi (“RMB”), but we report our results in our SEC filings in U.S.
Dollars.  The conversion of our accounts from RMB to Dollars will result in
translation adjustments.  While our net income will be added to the
retained earnings on our balance sheet; the translation adjustments will be
added to a line item on our balance sheet labelled “accumulated other
comprehensive income,” since they will be more reflective of changes in the
relative values of U.S. and Chinese currencies than of the success of our
business.During the year ended on March 31, 2009, the effect of
converting our financial results to Dollars was to add $338,438 to our
accumulated other comprehensive income.





Liquidity and Capital
Resources




After our shareholders made the initial
contribution of our registered capital, the growth of our business has been
funded, primarily, by the revenues resulted from our business operations. As a
result, at March 31, 2009, we had no long term debts.




Our working capital at March 31, 2009
totaled $4,967,565, a decrease of $20,295 from our $4,947,270 in working capital
as of March 31, 2008. Although our revenues dropped during the fiscal year ended
March 31, 2009, we still ended the year with $1,441,411
cash.




Included in our March 31, 2009 working
capital was $1,785,393 recorded as prepayments and other current
assets.  Most of this sum represents advances that we make to our
suppliers for the purchase of the goods we distribute through our sales
network.  It is common practice inChinato secure a favorable relationship with
suppliers by advancing payment for goods to be delivered at a later
time.  While this aids us in obtaining favorable pricing on our
purchases, the practice does limit the liquidity of our asset
base.




Our business plancontemplates that we will expandour current sales agent and service system, and establish an E-commerce
platform to distribute the daily commodities and insurance products. The goal is
to expand to 1,000 the number of stores carrying the Vantone brand within the
next two years, and that we will develop 20 regional sales agents across
China.Implementation of this plan will require significant
funds.  The funds are
needed in order to:




●
            Implement our direct marketing
      program, including development ofinternet commerce, calling center
      andan online
      presense;




●
            Acquire10 insurance agencies to expand
      our insurance agency business;




●
            Establish storesthroughoutChina;and




●
            Implement an advertising and
      marketing program adequate to assure us of substantial market
      presence.




Our plan is to sell a portion of our
equity in order to obtain the necessary funds, which will reduce the equity
share of our existing shareholders.  To date, however, we have received no
commitment from any source for funds.





16




Critical
Accounting Policies and Estimates





In
preparing our financial statements we are required to formulate working policies
regarding valuation of our assets and liabilities and to develop estimates of
those values.  In our preparation of the financial statements for
2009, there were two estimates made which were (a) subject to a high degree of
uncertainty and (b) material to our results.  These were:





·
            Our
      determination, recited in Note 3(d) to our Financial Statements, that no
      allowance for doubtful accounts was appropriate.  We made this
      determination based on our knowledge of our creditors and their past
      credit history.




·
            Our
      determination, recited in Note 8(a) to our Financial Statements, that we
      could record a deferred tax asset of $182,564.  We made the
      determination based on our historical profitability, and our expectation
      of future profitability





We made
no material changes to our critical accounting policies in connection with the
preparation of financial statements for 2009.





Impact of Accounting
Pronouncements





There were no recent accounting
pronouncements that have had a material effect on the Company’s financial
position or results of operations.





Off-Balance
Sheet Arrangements





We do not
have any off-balance sheet arrangements that have or are reasonably likely to
have a current or future effect on our financial condition or results of
operations.





ITEM
7A. QUANTITATIVE
AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK.





Not
Applicable.





ITEM
8.               FINANCIAL
STATEMENTS AND SUPPLEMENTARY DATA.





17





Senior
Optician Service, Inc. and Subsidiary


Consolidated
Financial Statements


March
31, 2009 and 2008








Index
to the Consolidated Financial Statements








Page


F-2
            Report
      of Independent Registered Public Accounting Firm.F-3
            Consolidated
      Balance Sheets as of March 31, 2009 and 2008.F-4
            Consolidated
      Statements of Operations for the Fiscal Years Ended March 31, 2009 and
      2008.F-5
            Consolidated
      Statements of Stockholders’ Equity and Comprehensive Income (Loss) for the
      Fiscal Years Ended March 31, 2009 and 2008.F-6
            Consolidated
      Statements of Cash Flows for the Fiscal Years Ended March 31, 2009 and
      2008.F-7
      to F-24
            Notes
      to Consolidated Financial
Statements.







F-1
  Report
of Independent Registered Public Accounting Firm
  To the
Board of Directors and Stockholders of
  Senior
Optician Service Inc. and Subsidiary
   We have
audited the accompanying consolidated balance sheets of Senior Optician Service
Inc. and Subsidiary as of years ended March 31, 2009 and 2008, and the related
consolidated statements of operations, stockholders’ equity and comprehensive
income, and cash flows for each of the years in the two-year period ended March
31, 2009. The management of Senior Optician Service Inc. and Subsidiary is
responsible for these financial statements. Our responsibility is to express an
opinion on these financial statements based on our audits.
  We
conducted our audits in accordance with the standards of the Public Company
Accounting Oversight Board (United States). Those standards require that we plan
and perform the audit to obtain reasonable assurance about whether the financial
statements are free of material misstatement. The company is not required to
have, nor were we engaged to perform, an audit of its internal control over
financial reporting. Our audit included consideration of internal control over
financial reporting as a basis for designing audit procedures that are
appropriate in the circumstances, but not for the purpose of expressing an
opinion on the effectiveness of the company’s internal control over financial
reporting. Accordingly, we express no such opinion. An audit also includes
examining, on a test basis, evidence supporting the amounts and disclosures in
the financial statements, assessing the accounting principles used and
significant estimates made by management, as well as evaluating the overall
financial statements presentation. We believe that our audits provide a
reasonable basis for our opinion.
  In our
opinion, the consolidated financial statements referred to above present fairly,
in all material respects, the financial position of Senior Optician Service Inc.
and Subsidiary as of March 31, 2009 and 2008, and the results of its operations
and its cash flows for each of the years in the two-years period ended March 31,
2009 in conformity with accounting principles generally accepted in the United
States of America.
 
  MS
      Group CPA LLCMS
      Group CPA LLCEdison,
      New JerseyJuly
      8, 2009
  F-2
  Senior Optician Service Inc. and
      SubsidiaryConsolidated Balance
      SheetsAs of March
    31,Assets
                                                  
                                                  2009
                                                  
                                                  
                                                  2008Current
    AssetsCash and
      equivalents
                                                  
                                                  $
                                                  1,441,411
                                                  
                                                  
                                                  $
                                                  2,332,659Accounts
      receivable
                                                  
                                                  
                                                  886,539
                                                  
                                                  
                                                  
                                                  294Advanced to
      suppliers
                                                  
                                                  
                                                  10,037
                                                  
                                                  
                                                  
                                                  -Inventories
                                                  
                                                  
                                                  405,030
                                                  
                                                  
                                                  
                                                  100,563Loan to shareholders/officers,
      net
                                                  
                                                  
                                                  371,354
                                                  
                                                  
                                                  
                                                  1,587,285Loan to related parties,
      net
                                                  
                                                  
                                                  148,092
                                                  
                                                  
                                                  
                                                  913,933Prepayments and other current
      assets
                                                  
                                                  
                                                  1,785,393
                                                  
                                                  
                                                  
                                                  817,185Deferred income tax
      assets-current
                                                  
                                                  
                                                  181,873
                                                  
                                                  
                                                  
                                                  45,325Total Current
      Assets
                                                  
                                                  
                                                  5,229,729
                                                  
                                                  
                                                  
                                                  5,797,244Property and Equipment -
      Net
                                                  
                                                  
                                                  3,190,850
                                                  
                                                  
                                                  
                                                  3,238,298Investment - At
      Equity
                                                  
                                                  
                                                  -
                                                  
                                                  
                                                  
                                                  67,691Deferred Income Tax
      Assets-Noncurrent
                                                  
                                                  
                                                  691
                                                  
                                                  
                                                  
                                                  -Total
Assets
                                                  
                                                  
                                                  8,421,270
                                                  
                                                  
                                                  
                                                  9,103,233Liabilities and Stockholders'
      EquityCurrent
      LiabilitiesAccounts payable and accrued
      expenses
                                                  
                                                  
                                                  155,138
                                                  
                                                  
                                                  
                                                  175,492Accounts payable, related
      parties
                                                  
                                                  
                                                  -
                                                  
                                                  
                                                  
                                                  133,995Customer
      deposits
                                                  
                                                  
                                                  8,540
                                                  
                                                  
                                                  
                                                  447,536Taxes
    payable
                                                  
                                                  
                                                  85,038
                                                  
                                                  
                                                  
                                                  85,820Other current
      liabilities
                                                  
                                                  
                                                  13,448
                                                  
                                                  
                                                  
                                                  7,131Total Current
      Liabilities
                                                  
                                                  
                                                  262,164
                                                  
                                                  
                                                  
                                                  849,974Total
      Liabilities
                                                  
                                                  
                                                  262,164
                                                  
                                                  
                                                  
                                                  849,974Minority
      Interest
                                                  
                                                  
                                                  165,023
                                                  
                                                  
                                                  
                                                  183,122Stockholders'
      EquityCommon stock - $0.001 par value,
      100,000,000 shares authorized, 29,901,000 shares
      issued and outstanding *
                                                  
                                                  
                                                  29,901
                                                  
                                                  
                                                  
                                                  29,901Additional paid-in
      capital
                                                  
                                                  
                                                  1,914,891
                                                  
                                                  
                                                  
                                                  2,332,387Reserve
    funds
                                                  
                                                  
                                                  630,710
                                                  
                                                  
                                                  
                                                  569,325Retained
      earnings
                                                  
                                                  
                                                  4,767,563
                                                  
                                                  
                                                  
                                                  4,676,121Accumulated other comprehensive
      income
                                                  
                                                  
                                                  651,018
                                                  
                                                  
                                                  
                                                  462,403Total Stockholders'
      Equity
                                                  
                                                  
                                                  7,994,083
                                                  
                                                  
                                                  
                                                  8,070,137Total Liabilities and
      Stockholders' Equity
                                                  
                                                  $
                                                  8,421,270
                                                  
                                                  
                                                  $
                                                  9,103,233
  *: As restated to show
recapitalization.
  See notes to consolidated financial
statements.
  F-3
 
 Senior Optician Service Inc. and
      SubsidiaryConsolidated Statements of
      OperationsFor the Fiscal Years Ended March
      31,2009
                                                      
                                                      
                                                      2008RevenuesProducts
    sold
                                                      
                                                      $
                                                      2,562,010
                                                      
                                                      
                                                      $
                                                      8,349,393Service
      rendered
                                                      
                                                      
                                                      396,721
                                                      
                                                      
                                                      
                                                      470,696Total
      Revenues
                                                      
                                                      
                                                      2,958,731
                                                      
                                                      
                                                      
                                                      8,820,089Cost of Goods
      SoldProducts
    sold
                                                      
                                                      
                                                      863,264
                                                      
                                                      
                                                      
                                                      1,723,672Service
      rendered
                                                      
                                                      
                                                      293,954
                                                      
                                                      
                                                      
                                                      338,975Total Cost of
      Good Sold
                                                      
                                                      
                                                      1,157,218
                                                      
                                                      
                                                      
                                                      2,062,647Gross
      Profit
                                                      
                                                      
                                                      1,801,513
                                                      
                                                      
                                                      
                                                      6,757,442Operating
      ExpensesSelling
      expenses
                                                      
                                                      
                                                      461,535
                                                      
                                                      
                                                      
                                                      755,650General and administrative
      expenses
                                                      
                                                      
                                                      1,080,159
                                                      
                                                      
                                                      
                                                      701,938Total Operating
      Expenses
                                                      
                                                      
                                                      1,541,694
                                                      
                                                      
                                                      
                                                      1,457,588Income From
      Operations
                                                      
                                                      
                                                      259,819
                                                      
                                                      
                                                      
                                                      5,299,854Other
      ExpenseInterest income,
      net
                                                      
                                                      
                                                      30,617
                                                      
                                                      
                                                      
                                                      4,752Other expense,
      net
                                                      
                                                      
                                                      (17,277
                                                      )
                                                      
                                                      
                                                      (3,968
                                                      )Loss on disposition of fix
      assets
                                                      
                                                      
                                                      (48,444
                                                      )
                                                      
                                                      
                                                      -Total Other (Expense)
      Income
                                                      
                                                      
                                                      (35,104
                                                      )
                                                      
                                                      
                                                      784Income Before Taxes and
      Minority Interest
                                                      
                                                      
                                                      224,715
                                                      
                                                      
                                                      
                                                      5,300,638Provision for Income
      Taxes
                                                      
                                                      
                                                      97,656
                                                      
                                                      
                                                      
                                                      21,810Income Before Minority
      Interest
                                                      
                                                      
                                                      127,059
                                                      
                                                      
                                                      
                                                      5,278,828Minority
      Interest
                                                      
                                                      
                                                      (22,764
                                                      )
                                                      
                                                      
                                                      14,599Net
      Income
                                                      
                                                      $
                                                      149,823
                                                      
                                                      
                                                      $
                                                      5,264,229Foreign Currency Translation
      Gain
                                                      
                                                      
                                                      188,615
                                                      
                                                      
                                                      
                                                      512,990Comprehensive
      Income
                                                      
                                                      $
                                                      338,438
                                                      
                                                      
                                                      $
                                                      5,777,219Net Income Per Common
      Share- Basic
      and Diluted
                                                      
                                                      $
                                                      0.01
                                                      
                                                      
                                                      $
                                                      0.18Weighted Common Shares
      Outstanding *- Basic
      and Diluted
                                                      
                                                      
                                                      29,901,000
                                                      
                                                      
                                                      
                                                      29,901,000
  *: As restated to show
recapitalization.
  See notes to consolidated financial
statements.
  F-4
  Senior Optician Service Inc. and
      SubsidiaryConsolidated Statements of
      Shareholders' Equity and Comprehensive Income
(Loss)For the Fiscal Years Ended March
      31, 2009 and 2008Return
      Earnings
                                                                                                      
                                                                                                      
                                                                                                      Other
                                                                                                      
                                                                                                      
                                                                                                      TotalCommon
Stock
                                                                                                      
                                                                                                      
                                                                                                      Additional
    Paid
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      (Accumulated
                                                                                                      
                                                                                                      
                                                                                                      Comprehensive
                                                                                                      
                                                                                                      
                                                                                                      Shareholders'Shares
                                                                                                      
                                                                                                      
                                                                                                      Amount
                                                                                                      
                                                                                                      
                                                                                                      -in
    Capital
                                                                                                      
                                                                                                      
                                                                                                      Reserve
Fund
                                                                                                      
                                                                                                      
                                                                                                      Deficit)
                                                                                                      
                                                                                                      
                                                                                                      Income
      (Loss)
                                                                                                      
                                                                                                      
                                                                                                      EquityBalance as of March 31,
      2007
                                                                                                      
                                                                                                      
                                                                                                      100,000
                                                                                                      
                                                                                                      
                                                                                                      $
                                                                                                      100,000
                                                                                                      
                                                                                                      
                                                                                                      $
                                                                                                      -
                                                                                                      
                                                                                                      
                                                                                                      $
                                                                                                      -
                                                                                                      
                                                                                                      
                                                                                                      $
                                                                                                      (18,783
                                                                                                      )
                                                                                                      
                                                                                                      $
                                                                                                      (75
                                                                                                      )
                                                                                                      
                                                                                                      $
                                                                                                      81,142Accepted Variable Interest
      Entities on April 1, 2007
                                                                                                      
                                                                                                      
                                                                                                      -
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      -
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      1,862,188
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      -
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      -
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      -
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      1,862,188Capital Contribution on May 21,
      2007
                                                                                                      
                                                                                                      
                                                                                                      100,000
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      100,000
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      -
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      -
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      -
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      -
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      100,000Capital Contribution on May 31,
      2007
                                                                                                      
                                                                                                      
                                                                                                      300,000
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      300,000
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      -
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      -
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      -
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      -
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      300,000Reserve
      Fund
                                                                                                      
                                                                                                      
                                                                                                      -
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      -
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      -
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      569,325
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      (569,325
                                                                                                      )
                                                                                                      
                                                                                                      
                                                                                                      -
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      -Net
      Income
                                                                                                      
                                                                                                      
                                                                                                      -
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      -
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      -
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      -
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      5,264,229
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      -
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      5,264,229Foreign Currency Translation
      Gain
                                                                                                      
                                                                                                      
                                                                                                      -
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      -
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      -
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      -
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      -
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      462,478
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      462,478Merge with Vantone
      Manufacturing
                                                                                                      
                                                                                                      
                                                                                                      (400,000
                                                                                                      )
                                                                                                      
                                                                                                      
                                                                                                      (499,900
                                                                                                      )
                                                                                                      
                                                                                                      
                                                                                                      500,000
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      -
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      100Recapitalization after Merge with
      Vantone International
                                                                                                      
                                                                                                      
                                                                                                      29,801,000
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      29,801
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      (29,801
                                                                                                      )
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      -Balance as of March 31,
      2008
                                                                                                      
                                                                                                      
                                                                                                      29,901,000
                                                                                                      
                                                                                                      
                                                                                                      $
                                                                                                      29,901
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      2,332,387
                                                                                                      
                                                                                                      
                                                                                                      $
                                                                                                      569,325
                                                                                                      
                                                                                                      
                                                                                                      $
                                                                                                      4,676,121
                                                                                                      
                                                                                                      
                                                                                                      $
                                                                                                      462,403
                                                                                                      
                                                                                                      
                                                                                                      $
                                                                                                      8,070,137Sold Two Subsidiaries to Related
      Interest Parties
                                                                                                      
                                                                                                      
                                                                                                      -
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      -
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      (417,496
                                                                                                      )
                                                                                                      
                                                                                                      
                                                                                                      -
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      -
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      -
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      (417,496
                                                                                                      )Liyuan Reserve Fund Prior to April
      24, 2008
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      3,004
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      3,004Reserve
Fund
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      58,381
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      (58,381
                                                                                                      )
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      -Net Income
                                                                                                      
                                                                                                      
                                                                                                      -
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      -
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      -
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      -
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      149,823
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      -
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      149,823Foreign Currency Translation
      Gain
                                                                                                      
                                                                                                      
                                                                                                      -
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      -
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      -
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      -
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      -
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      188,615
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      188,615Balance as of March 31,
      2009
                                                                                                      
                                                                                                      
                                                                                                      29,901,000
                                                                                                      
                                                                                                      
                                                                                                      $
                                                                                                      29,901
                                                                                                      
                                                                                                      
                                                                                                      $
                                                                                                      1,914,891
                                                                                                      
                                                                                                      
                                                                                                      $
                                                                                                      630,710
                                                                                                      
                                                                                                      
                                                                                                      $
                                                                                                      4,767,563
                                                                                                      
                                                                                                      
                                                                                                      $
                                                                                                      651,018
                                                                                                      
                                                                                                      
                                                                                                      $
                                                                                                      7,994,083
  F-5
  Senior Optician Service Inc. and
      SubsidiaryConsolidated Statements of Cash
      FlowsFor the Fiscal Years Ended March
      31,2009
                                                    
                                                    
                                                    2008Cash Flows From Operating
      ActivitiesNet
      Income
                                                    
                                                    $
                                                    149,823
                                                    
                                                    
                                                    $
                                                    5,264,229Adjustments to Reconcile Net
      Income to Net Cash(Used in) Provided by Operating
      ActivitiesDepreciation
                                                    
                                                    
                                                    163,066
                                                    
                                                    
                                                    
                                                    62,318Minority
      interest
                                                    
                                                    
                                                    (22,764
                                                    )
                                                    
                                                    
                                                    183,122Deferred income tax
      benefits
                                                    
                                                    
                                                    (206,439
                                                    )
                                                    
                                                    
                                                    (35,506
                                                    )Loss on disposal of fixed
      assets
                                                    
                                                    
                                                    48,444
                                                    
                                                    
                                                    
                                                    (10,646
                                                    )Changes in operating assets and
      liabilities:Accounts
      receivable
                                                    
                                                    
                                                    (863,693
                                                    )
                                                    
                                                    
                                                    (294
                                                    )Advanced to
      suppliers
                                                    
                                                    
                                                    (10,037
                                                    )
                                                    
                                                    
                                                    -Inventories
                                                    
                                                    
                                                    (294,164
                                                    )
                                                    
                                                    
                                                    (100,563
                                                    )Prepayments and other current
      assets
                                                    
                                                    
                                                    (922,792
                                                    )
                                                    
                                                    
                                                    (817,185
                                                    )Accounts payable and accrued
      expenses
                                                    
                                                    
                                                    (24,300
                                                    )
                                                    
                                                    
                                                    156,751Accounts payable - related
      parties
                                                    
                                                    
                                                    (133,995
                                                    )
                                                    
                                                    
                                                    133,995Customer
      deposit
                                                    
                                                    
                                                    (439,213
                                                    )
                                                    
                                                    
                                                    447,536Taxes
    payable
                                                    
                                                    
                                                    (2,945
                                                    )
                                                    
                                                    
                                                    79,891Other current
      liabilities
                                                    
                                                    
                                                    5,975
                                                    
                                                    
                                                    
                                                    5,211Net Cash (Used in) Provided
      by Operating Activities
                                                    
                                                    
                                                    (2,553,034
                                                    )
                                                    
                                                    
                                                    5,368,859Cash Flows From Investing
      ActivitiesPayment for
      investment
                                                    
                                                    
                                                    -
                                                    
                                                    
                                                    
                                                    (57,045
                                                    )Payment for purchase of property
      and equipment
                                                    
                                                    
                                                    (117,477
                                                    )
                                                    
                                                    
                                                    (2,147,823
                                                    )Net Cash Used in Investing
      Activities
                                                    
                                                    
                                                    (117,477
                                                    )
                                                    
                                                    
                                                    (2,204,868
                                                    )Cash Flows From Financing
      ActivitiesProceeds from shareholders
      contribution of variable interest entities
                                                    
                                                    
                                                    -
                                                    
                                                    
                                                    
                                                    400,000Payment to acquired subsidiaries
      of variable interest entities
                                                    
                                                    
                                                    (346,801
                                                    )
                                                    
                                                    
                                                    -Proceeds from shareholders
      contribution of variable interest entities
                                                    
                                                    
                                                    -
                                                    
                                                    
                                                    
                                                    705,588Proceeds from
      shareholders/officers
                                                    
                                                    
                                                    1,320,590
                                                    
                                                    
                                                    
                                                    711,692Proceeds from related
      parties
                                                    
                                                    
                                                    652,400
                                                    
                                                    
                                                    
                                                    5,483Payment to
      shareholders/officers
                                                    
                                                    
                                                    (63,233
                                                    )
                                                    
                                                    
                                                    (2,298,977
                                                    )Payment to related
      parties
                                                    
                                                    
                                                    (239,635
                                                    )
                                                    
                                                    
                                                    (919,414
                                                    )Net Cash Provided
      by  (Used in) Financing Activities
                                                    
                                                    
                                                    1,323,321
                                                    
                                                    
                                                    
                                                    (1,395,628
                                                    )Net (Decrease) Increase in
      Cash and Equivalents
                                                    
                                                    
                                                    (1,347,190
                                                    )
                                                    
                                                    
                                                    1,768,363Effect of Exchange Rate
      Changes on Cash
                                                    
                                                    
                                                    455,942
                                                    
                                                    
                                                    
                                                    464,115Cash and Equivalents at
      Beginning of Period
                                                    
                                                    
                                                    2,332,659
                                                    
                                                    
                                                    
                                                    100,181Cash and Equivalents at End
      of Period
                                                    
                                                    $
                                                    1,441,411
                                                    
                                                    
                                                    $
                                                    2,332,659Supplemental Disclosures of
      Cash Flow Information:Interest
    paid
                                                    
                                                    $
                                                    -
                                                    
                                                    
                                                    $
                                                    -Income taxes
      paid
                                                    
                                                    $
                                                    254,007
                                                    
                                                    
                                                    $
                                                    -Supplemental Schedule of
      Non-Cash Investing and Financing Activities:Shareholder of variable interest
      entities contribute fix assets for equity ownership
                                                    
                                                    $
                                                    -
                                                    
                                                    
                                                    $
                                                    3,343,661
    F-6
  Senior
Optician Service Inc. and Subsidiary
 Notes
to Consolidated Financial Statements
  1.
              Organization
      and Nature of Operations
 
 On May 14, 2009, Senior Optician Service
Inc. (“Senior
Optician”) acquired all of
the outstanding capital stock of VantoneInternational Group Inc.,
(“Vantone International”)
 
 Vantone
International was incorporated under the laws of Nevada on December 5, 2007. It
is a holding company that has owned 100% of the equity in Shenyang Vantone
Healthcare Products Manufacturing Co., Ltd. (“Vantone Manufacturing”) since July
14, 2008. Most of Vantone International’s activities are conducted through its
wholly own subsidiary, Vantone Manufacturing, and Vantone Manufacturing’s
variable interest entities in The People’s Republic of China
(“PRC”).
  Upon
completion of the Share Exchange, there were 29,901,000 shares of Senior
Optician common stock issued and outstanding. The recapitalizations are
described in further detail in Note 10 to the accompanying consolidated
financial statements.
  Senior
Optician, Vantone International, Vantone Manufacturing, and all of Vantone
Manufacturing’s variable interest entities listed below will be called “the
Company” in the accompanying consolidated financial statements.
 
 Vantone
Manufacturing
  Vantone
Manufacturing is a foreign owned enterprise that was incorporated under the laws
of LiaoNing Province in the PRC on January 9, 2007. Vantone Manufacturing was
incorporated under the name “Shenyang Vantone Healthcare Food Co., Ltd.,” but
adopted its current name on June 20, 2007. Its registered term of operations is
fifteen years, from January 9, 2007 to January 8, 2022. Vantone Manufacturing
engages in manufacturing, processing, and marketing of daily commodities, water
purifying equipment, and kitchen and bath equipment. Up to March 2008, Vantone
Manufacturing had outsourced all of its manufacturing activities to enterprises
in the PRC that are dedicated to manufacture exclusive products for Vantone
Manufacturing.
 
 Entrusted
Management of Vantone Yuan
  On April
1, 2007, Vantone Manufacturing signed three agreements (Entrusted Management
Agreement, Proxy Agreement, and Purchase Option and Cooperation Agreement) with
the shareholders of Shenyang Vantone Yuan Trading Co., Ltd. (“Vantone
Yuan”).  Vantone Yuan is a private enterprise that was incorporated
under the laws of LiaoNing Province.  It was incorporated under the
name “Shenyang Tongbida Trading Co., Ltd.,” but adopted its current name on June
21, 2007.  The Entrusted Management Agreement stipulates that Vantone
Manufacturing will enjoy all of the profits and bear all of the losses arising
from the business of Vantone Yuan during Vantone Manufacturing’s management
period. The effective terms of these agreements are ten years starting from
April 1, 2007.  The terms may be extended by the written agreement
among the parties upon the expiration of the agreement. By reason of the
Entrusted Management Agreement and its ancillary agreements, Vantone
Manufacturing is considered to be the primary beneficiary of the business of
Vantone Yuan.  Therefore the financial statements of Vantone Yuan and
its subsidiaries are required to be consolidated with the financial statements
of Vantone Manufacturing, in accordance with accounting principles generally
accepted in the United States (“US GAAP”).  See Note 11 for detailed
information regarding the Entrusted Management Agreements.
  F-7
 
 Vantone
Yuan engages in the distribution and sale of daily commodities, health and beauty products and
equipment.  It also engages in the import/export of various
merchandise and technologies through a self-conducted trade model or agency
arrangement.  In March and October 2008, Vantone Yuan established a
branch office in Jilin Province and in Heilongjiang Province, respectively. Both
offices engage in the distribution and sales of daily commodities, and are
licensed by the Industry and Commercial Bureau of the PRC to operate until March
29, 2012.
 
 During
the periods covered by these financial statements, Vantone Yuan also operate
through the following subsidiaries:
 
 Kang Ping Vantone Trading Co., Ltd
(“Kang Ping”)andKang
Ping Vantone Yuan Trading Co., Ltd., which were incorporated under the
laws of LiaoNing Province in the PRC on March 20, 2008 and December 23, 2008,
respectively. Vantone Yuan owns 100% of the registered capital of both
subsidiaries.  They each engage in the distribution and sales of daily
commodities and also engage in the import/export of various merchandise and
technologies through a self-conducted trade model or agency arrangement in
Kangping County of Shenyang District.
 
 Shenyang Vantone Liyuan Trading Co.,
Ltd. (“Liyuan”), in which Vantone Yuan had a 36.36% ownership interest
from December 3, 2007 to April 24, 2008, and has had a 100% ownership interest
since April 24, 2008.  Because Vantone Yuan did not have majority
control over Liyuan during the year ended March 31, 2008, Vantone Yuan recorded
its investment in Liyuan by the equity method for the year ended March 31, 2008.
However, since acquiring 100% ownership of Liyuan on April 24, 2008 (which was
approved by the Industrial and Commercial Bureau in Shenyang PRC on April 30,
2008), Vantone Yuan has consolidated Liyuan’s financial results with its
own.  Liyuan engages in the distribution and sales of daily
commodities, and also engages in the import/export of various merchandise and
technologies through a self-conducted trade model or agency
arrangement.
 
 Liaoning Vantone Insurance Agent
Co., Ltd. (“Vantone Insurance”),in which Vantone Yuan has held a 78%
ownership interest since November 16, 2007.  Vantone Insurance engages
in the insurance agency business, mainly representing the insurance products of
New China Life Insurance Co., Ltd. and Ping An Insurance Corporation in the
Shenyang District of the PRC.
  F-8
 
 Jilin Qunfeng Insurance Agent Co.,
Ltd. (“Qunfeng”), in which Vantone Yuan held a 100% ownership interest
after its acquisition was approved on September 26, 2008 by the Jilin Industrial
and Commercial Bureau of the PRC.  Qunfeng is an insurance agency
company in Jilin Province that mainly represents the property insurance products
of Sunshine Property and Casualty Insurance Co., Ltd. and An Hua Agricultural
Insurance Co., Ltd. However, on March 30, 2009 the Jilin Industrial and
Commercial Bureau of the PRC approved the transfer of Vantone Yuan‘s ownership
of Qunfeng to Mr. Honggang Yu, Chairman of Vantone Yuan, and Mrs. Hongfen
Cao.
 
 Heilongjiang DiAn Insurance Agent
Co., Ltd (“DiAn”),which Vantone Yuan purchased for 500,000 RMB
(approximately $73,099) on September 26, 2008. This acquisition had been
approved by the Heilongjiang Industrial and Commercial Bureau of the PRC on
October 23, 2008. However, DiAn did not receive the correct amended business
operation certificate until January 8, 2009. DiAn engages in the insurance
agency business, mainly representing the insurance products of TaiPing Insurance
Co. and Sunlight Agricultural Mutual Insurance Co. in Helongjiang Province.
However, on March 26, 2009 the Heilongjiang Industrial and Commercial Bureau of
the PRC approved the transfer of Vantone Yuan’s ownership of DiAn to Mr.
Honggang Yu, Chairman of Vantone Yuan, and Mrs. Hongfen Cao.
  2.
              Basis
      of Presentation
 
 a.
              Fiscal
      Year
 The
Company’s fiscal year ended on March 31. The accompanying consolidated financial
statements of operations and cash flows included activities for the fiscal years
ended March 31, 2009 and 2008, respectively.
 
 b.
              Principle
      of Consolidation
 The
accompanying consolidated financial statements present the financial position,
results of operations and cash flows of the Company and all entities in which
the Company has a controlling voting interest. The consolidated financial
statements also include the accounts of any variable interest entities in which
the Company is considered to be the primary beneficiary and such entities are
required to be consolidated in accordance with accounting principles generally
accepted in the United States (“US GAAP”). These consolidated financial
statements include the financial statements of Senior Optician, Vantone
International, Vantone Manufacturing, and Vantone Manufacturing’s variable
interest entities. All significant intercompany transactions and balances are
eliminated in consolidation.
 
 The
accompanying consolidated financial statements are prepared in accordance with
US GAAP. This basis of accounting differs from that used in the statutory
accounts of some of the Company’s subsidiaries, which were prepared in
accordance with the accounting principles and relevant financial regulations
applicable to enterprises with foreign investment in the PRC (“PRC GAAP”).
Necessary adjustments made to the subsidiary statutory accounts to conform to US
GAAP were included in these consolidated financial statements.
  F-9
 
 3.
              Summary
      of Significant Accounting Policies
 
 a.
              Use
      of Estimates
 The
preparation of consolidated financial statements in conformity with accounting
principal generally accepted in United States requires management to make
estimates and assumptions that affect the amount reported in the consolidated
financial statements and the accompany notes. Actual results could differ from
those estimates.
 
 b.
              Foreign
      Currency Translation
 The
accompanying consolidated financial statements are presented in United States
dollars. The company’s functional currency is the Renminbi (“RMB”). The
consolidated financial statements are translated to U.S. dollars using year-end
rates of exchange for assets and liabilities, average rates of exchange for the
period for revenues, costs, and expenses, and historical capital contribution
rate of exchange for capital contribution. Net gains and losses resulting from
foreign exchange transactions are included in the statements of
operations.
 
 The
following rates are used in translating the RMB to the U.S. Dollar presentation
disclosed in these consolidated financial statements for the fiscal years ended
of March 31, 2009 and 2008.
 For Fiscal Years Ended of March
      31,2009
                                
                                2008Assets and
      liabilities
                                
                                period ended rate of
      RMB
                                
                                ¥   6.8336/per
      USD
                                
                                ¥   7.0120/per
      USDRevenue and
      expenses
                                
                                average rate of
      RMB
                                
                                ¥   6.8678/per
      USD
                                
                                ¥   7.4516/per
      USD
 
 c.
              Cash
      and Equivalents
 The
Company considers all highly liquid investments with an original maturity of
three months or less to be cash equivalents. The carrying value of cash
equivalents approximates market value.
  d.
              Accounts
      Receivable
 Accounts
receivable are recognized and carried at original invoice amount less allowance
for any uncollectible amounts. The Company provides an allowance for doubtful
accounts equal to the estimated losses that will be incurred in the collection
of receivables. The estimated losses are based on a review of the current status
of the existing receivables. As of the fiscal year ended March 31, 2009 and
2008, the Company had not recorded an allowance for uncollectible accounts,
since it believes all receivable can be collected in the near
future.
   F-10
 
 e.
              Inventories
 The
Company recorded the inventories at the lower of cost or market. Cost of raw
materials and purchased finished goods are determined on a first-in, first-out
basis (“FIFO”). Manufactured finished goods are determined on the weighted
average basis and are comprised of direct materials, direct labor, and an
appropriate proportion of overhead.
 
 f.
              Fair
      Value of Financial Instruments
 The
carrying amounts reported in the balance sheet for cash and equivalents,
accounts receivable, inventories, prepaid and other current assets, deferred
income tax assets, accounts payable and accrued expenses, customer deposits,
taxes payable and other current liabilities approximate their fair value because
of the immediate or short-term maturity of these financial
instruments.
 
 g.
              Property
      and Equipment - Net
 Property
and equipment are recorded at cost. Expenditures for major additions and
betterments are capitalized. Maintenance and repairs are charged to operations
as incurred. Upon sale or retirement of plant and equipment, the related cost
and accumulated depreciation are removed from the accounts and any gain or loss
is reflected in the Company’s Consolidated Statements of
Operations.
 
 Depreciation
of property and equipment is computed by using the straight-line method over the
estimated useful lives of assets as follows:
 YearsBuildings
                          20 yearsVehicles
                          3  years to
      5  yearsEquipments and office
      furniture
                          5  yearsSoftware
                          3  years
 
 h.
              Impairment
      of Long-Lived Assets
 The
Company evaluates the recoverability of its other long-lived assets, if
circumstances indicate impairment may have occurred pursuant to SFAS No. 144.
This analysis is performed by comparing the respective carrying values of the
assets to the current and expected future cash flows, on an undiscounted basis,
to be generated from such assets. If such analysis indicates that the carrying
value of these assets is not recoverable, the carrying value of such assets is
reduced to fair value through a charge to the Company’s Consolidated Statements
of Operations.
 
 i.
              Revenue
      Recognition
 Revenue
includes sales of products and services rendered. Products revenue represents
the invoiced value of goods sold recognized upon the delivery of goods to
customers, net of allowance for estimated returns, when both title and risk of
loss transfer to the customer, provided that no significant obligations remain.
Deferred revenue represents the undelivered portion of invoiced value of goods
sold to customers. Service income is recognized when services are provided.
Revenue from service contracts, for which the Company is obligated to perform,
is recorded as deferred revenue and subsequently recognized over the term of the
contract or when the service is completed. Sales transactions not meeting all
the conditions of the full accrual method are accounted for using the deposit
method of accounting.  Under the deposit method, all costs are capitalized
as incurred, and payments received from the buyer are recorded as customer
deposits. Revenue is represented net of value added taxes (“VAT”) for the sales
revenue from PRC subsidiaries.
  F-11
 
 j.
              Employee
      Welfare Benefit
 The
Company has established an employee welfare plan in accordance with Chinese law
and regulations. The Company makes annual pre-tax contributions of 14% of all
employees’ salaries. Commencing from January, 2008, pursuant to China
Regulation, the Company should recognize the welfare expenses when occurred
instead of accrued. The total expenses for the above plan amounted to $4,383 and
$8,792 for the fiscal years ended March 31, 2009 and 2008,
respectively.
 
 k.
              Income
      Taxes
 Senior
Optician and Vantone International file federal consolidated income taxes and
annual franchise tax with the State of Nevada. The Company’s PRC subsidiary,
Vantone Manufacturing, files income tax returns under the Income Tax Law of the
People's Republic of China concerning Foreign Investment Enterprises and Foreign
Enterprises and local income tax laws. Vantone Yuan and its subsidiaries file
income tax returns under the Income Tax Law of the People's Republic of
China.
 
 The
Company follows Statement of Financial Accounting Standards No. 109 - Accounting
for Income Taxes, which requires recognition of deferred tax assets and
liabilities for the expected future tax consequences of events that have been
included in the financial statements or tax returns. Under this method, deferred
tax assets and liabilities are based on the differences between the financial
statement and tax bases of assets and liabilities using enacted tax rates in
effect for the year in which the differences are expected to reverse. Deferred
taxes also are recognized for operating losses that are available to offset
future income taxes.
  l.
              Comprehensive
      Income
 SFAS 130,
“Reporting Comprehensive Income”, defines comprehensive income to include all
changes in equity except those resulting from investments by owners and
distributions to owners and requires that the period’s comprehensive income, its
components and accumulated balances be disclosed. Among other disclosures, SFAS
130 requires that all items that are required to be recognized under current
accounting standards as components of comprehensive income be reported in a
financial statement that is presented with the same prominence as other
consolidated financial statements. The Company’s only current component of
comprehensive income is the foreign currency translation
adjustment.
  F-12
 
 m.
              Basic
      and Diluted Net Income Per Share
 The
Company accounts for net income per common share in accordance with SFAS 128,
“Earnings per Share” (“EPS”).  SFAS 128 requires the disclosure of the
potential dilution effect of exercising or converting securities or other
contracts involving the issuance of common stock. Basic net income per share is
determined based on the weighted average number of common shares outstanding for
the period.  Diluted net income per share is determined based on the
assumption that all dilutive convertible shares and stock options were converted
or exercised into common stock.
 
 n.
              Segment
      Reporting
 SFAS 131,
Disclosure about Segments of
an Enterprise and Related Information, requires disclosure of reportable
segments used by management for making operating decisions and assessing
performance. Reportable segments are categorized by products and services,
geography, legal structure, management structure, or any other manner in which
management disaggregates a company. SFAS 131 has effect on the Company’s
financial statements. The
Companygenerated
twocategories of revenues:products soldand commission received for insurance
agency business, see
segment reporting spreadsheet on Note 12.
 
 o.
              Recent
      Pronouncements
 In May
2008, the Financial Accounting Standards Board (“FASB”) issued Statement of
Financial Accounting Standards (“SFAS”) No.162, “The Hierarchy of Generally
Accepted Accounting Principles”. SFAS 162 indicates the entity (not its auditor)
that is responsible for selecting accounting principles for financial statements
that are presented in conformity with GAAP. Accordingly, the GAAP hierarchy
should reside in the accounting literature established by the
FASB.  The FASB issued SFAS 162 to achieve that result. SFAS 162 also
identifies the sources of accounting principles and the framework for selecting
the principles to be used in the preparation of financial statements of
nongovernmental entities that are presented in conformity with generally
accepted accounting principles (GAAP) in the United States (the GAAP
hierarchy).  SFAS 162 is effective 60 days following the SEC’s
approval of the Public Company Accounting Oversight Board amendments to AU
Section 411, The Meaning of Present Fairly in Conformity With Generally Accepted
Accounting Principles. The Company is in the process of evaluating the new
disclosure requirements under SFAS 162.
 
 In March
2008, the Financial Accounting Standards Board ("FASB") issued Statement of
Financial Accounting Standards ("SFAS") No.161,"Disclosures about Derivative
Instruments and Hedging Activities - An Amendment of SFAS No. 133" ("SFAS 161").
SFAS 161 seeks to improve financial reporting for derivative instruments and
hedging activities by requiring enhanced disclosures regarding the impact on
financial position, financial performance, and cash flows. To achieve this
increased transparency, SFAS 161 requires (1) the disclosure of the fair value
of derivative instruments and gains and losses in a tabular format; (2) the
disclosure of derivative features that are credit risk-related; and (3)
cross-referencing within the footnotes. SFAS 161 is effective for financial
statements issued for fiscal years and interim periods beginning after November
15, 2008 (that is, January 1, 2009, for entities with calendar year-ends), with
early application encouraged. The Company is in the process of evaluating the
new disclosure requirements under SFAS 161.
  F-13
 
 In
December 2007, the Financial Accounting Standard Board (“FASB”) issued SFAS No.
160, “Non-controlling Interests in Consolidated Financial Statements-an
amendment of ARB No. 51” which clarifies that a non-controlling interest in a
subsidiary is an ownership interest in the consolidated entity that should be
reported as equity in the consolidated financial statements. This statement also
changes the way the consolidated income statement is presented. It requires
consolidated net income to be reported at amounts that include the amounts
attributable to both the parent and the non-controlling interest. In addition,
it requires disclosure, on the face of the consolidated statement of income, of
the amounts of consolidated net income attributable to the parent and to the
non-controlling interest. SFAS No. 160 is effective for fiscal years and interim
periods within those fiscal years beginning on or after December 15, 2008 (that
is, January 1, 2009, for entities with calendar year-ends). Earlier adoption is
prohibited. The company is currently in the process of evaluating the effect, if
any, the adoption of SFAS No. 160 will have on its consolidated results of
operations, financial position, and financial disclosure.
 
 In
December 2007, Statement of Financial Accounting Standards No. 141(R), Business
Combinations, was issued. SFAS No. 141R replaces SFAS No. 141, Business
Combinations. SFAS 141R retains the fundamental requirements in SFAS 141 that
the acquisition method of accounting (which SFAS 141 called the purchase method)
be used for all business combinations and for an acquirer to be identified for
each business combination. SFAS 141R requires an acquirer to recognize the
assets acquired, the liabilities assumed, and any non-controlling interest in
the acquiree at the acquisition date, measured at their fair values as of that
date, with limited exceptions. This replaces SFAS 141's cost-allocation process,
which required the cost of an acquisition to be allocated to the individual
assets acquired and liabilities assumed based on their estimated fair values.
SFAS 141R also requires the acquirer in a business combination achieved in
stages (sometimes referred to as a step acquisition) to recognize the
identifiable assets and liabilities, as well as the non-controlling interest in
the acquiree, at the full amounts of their fair values (or other amounts
determined in accordance with SFAS 141R). SFAS 141R applies prospectively to
business combinations for which the acquisition date is on or after the
beginning of the first annual reporting period beginning on or after December
15, 2008 (that is, January 1, 2009, for entities with calendar year-ends). An
entity may not apply it before that date. The Company is currently evaluating
the impact that adopting SFAS 141R will have on its financial
statements.
  F-14
 
 4.
              Inventories
 
 Inventories
consisted of the following:
 For the Fiscal Years Ended March
      31,2009
                              
                              
                              2008Raw
    materials
                              
                              $
                              17,071
                              
                              
                              $
                              1,125Working in
      progress
                              
                              
                              -
                              
                              
                              
                              12,223Finished
    goods
                              
                              
                              361,282
                              
                              
                              
                              87,215Other items
                              
                              
                              26,677
                              
                              
                              
                              -Total
                              
                              $
                              405,030
                              
                              
                              $
                              100,563
 
 5.
              Loan
      to Shareholders/ Officers, Net
 
 Amounts
loaned to shareholders/officers are unsecured, non-interest bearing, and have
not set repayment date. As of March 31, 2009 and 2008, the total net amounts of
loans to the shareholders/officers were $371,354 and $1,587,285 respectively,
this represented the net amounts lent by the Company to
shareholders/officers.
  For the Fiscal Years Ended March
      31,2009
                              
                              
                              2008Mr. Honggang
    Yu
                              
                              $
                              367,549
                              
                              
                              $
                              1,579,069Mr. Jichun
    Li
                              
                              
                              -
                              
                              
                              
                              7,131Ms. Shuying
      Wang
                              
                              
                              -
                              
                              
                              
                              1,085Ms. Hongfen
    Cao
                              
                              
                              3,805
                              
                              
                              
                              -Total
                              
                              $
                              371,354
                              
                              
                              $
                              1,587,285
 
 6.
              Loan
      to Related Parties, Net
  Besides
acquiring the 36.36% ownership equity in Liyuan on December 3, 2007, in order to
support Liyuan’s operation, the Company loaned the amount of $367,240
(equivalent to RMB 2,575,085) to Liyuan as of March 31, 2008.These loans were unsecured, non
interest bearing, and had no set repayment date. All of them had been eliminated
as of March 31, 2008, since Vantone Yuan became a 100% equity owner of Liyuan on
April 24, 2008, and Liyuan’s records have been consolidated with Vantone
Yuan’s.
 
 The
majority shareholder of the Company owned 16.67% of Shenyang HaiGui Investment
Co., Ltd. (“HaiGui”). In order to support HaiGui’s operations, the Company
advanced to HaiGui the amount of $183,115 (equivalent to RMB 1,284,000) in
November 2007.  The loan was non interests bearing and unsecured. This
loan had been fully paid off by HaiGui on June 25, 2008. However, the Company
made another loan to HaiGui in amount of $58,630 (equivalent to RMB 400,000) on
July 9, 2008. Pursuant to the loan agreement, this loan was unsecured, non
interest bearing, and payable on March 31, 2009.  The loan was fully
paid off by HaiGui on March 30, 2009.
  F-15
 
 The
majority shareholder of the Company also owned 10% of Shenyang TongLiDa Trading
Co., Ltd. (“TongLiDa”). In order to support TongLiDa’s operations, the Company
advanced funds to TongLiDa in the amount of $364,863 (equivalent to RMB
2,558,400) in April 2007. This advance had been fully paid off by TongLiDa on
May 9, 2008. However, the Company made another loan to TongLiDa in the amount of
$7,328 (equivalent to RMB 50,000) on October 31, 2008, pursuant to a loan
agreement signed on October 20, 2008. This loan was unsecured, non interest
bearing, and payable by March 31, 2009. The loan was fully paid off by TongLida
on March 30, 2009.
 
 The
majority shareholder of the Company also owned 80% of Jilin Qunfeng Insurance
Agent Co., Ltd. (“Qunfeng”). In order to support Qunfeng’s operations, the
Company advanced funds to Qunfeng in the amount of $83,366 (equivalent to RMB
569,693) from October 2008 to January 2009. The Company expects to collect these
advanced funds before ended of July 2009.
 
 The
majority shareholder of the Company also owned 80% of Heilongjiang Dian
Insurance Agent Co., Ltd. (“DiAn”). In order to support DiAn’s operations, the
Company advanced funds to DiAn in the amount of $64,726 (equivalent to RMB
442,315) from October 2008 to February 2009. The Company expects to collect
these advanced funds before ended of July 2009.
 
 Loan to
related parties, net consisted of the following:
 For the Fiscal Years Ended March
      31,2009
                              
                              
                              2008Shenyang Vantone LiYuan
      Trading  Co., Ltd.
                              
                              
                              -
                              
                              
                              
                              367,240Shenyang DiJie Trading Investment
      & Development Co., Ltd
                              
                              
                              -
                              
                              
                              
                              (1,285
                              )Shenyang HaiGui Investment Co.,
      Ltd
                              
                              
                              -
                              
                              
                              
                              183,115Shenyang TongLiDa Trading Co.,
      Ltd
                              
                              
                              -
                              
                              
                              
                              364,863Jilin Qunfeng Insurance Agent Co.,
      Ltd
                              
                              
                              83,366
                              
                              
                              
                              -Heilongjiang Dian Insurance Agent
      Co., Ltd
                              
                              
                              64,726
                              
                              
                              
                              -Total
                              
                              $
                              148,092
                              
                              
                              $
                              913,933
 F-16
 
 7.
              Property
      and Equipment - Net
 
 Property
and equipment, less accumulated depreciation, consisted of the
following:
 Estimated
                                  
                                  
                                  For the Fiscal Years Ended March
      31,Life
                                  
                                  
                                  2009
                                  
                                  
                                  2008Buildings
                                  
                                  
                                  20
                                  
                                  
                                  $
                                  3,163,931
                                  
                                  
                                  $
                                  3,076,330Vehicles
                                  
                                  
                                  3-5
                                  
                                  
                                  
                                  177,995
                                  
                                  
                                  
                                  221,807Equipments and office
      furniture
                                  
                                  
                                  5
                                  
                                  
                                  
                                  62,579
                                  
                                  
                                  
                                  39,035Software
                                  
                                  
                                  3
                                  
                                  
                                  
                                  20,264
                                  
                                  
                                  
                                  6,489Subtotal
                                  
                                  
                                  
                                  
                                  
                                  
                                  3,424,769
                                  
                                  
                                  
                                  3,343,661Less: Accumulated
      depreciation
                                  
                                  
                                  
                                  
                                  
                                  
                                  233,919
                                  
                                  
                                  
                                  105,363Total
                                  
                                  
                                  
                                  
                                  
                                  $
                                  3,190,850
                                  
                                  
                                  $
                                  3,238,298
 
 Depreciation
expenses charged to operations were $163,066 and $62,318 for the fiscal years
ended March 31, 2009 and 2008, respectively.
 
 8.
              Taxation
 
 a.           Corporation Income Tax
(“CIT”)
 Senior Optician and Vantone
International file federal consolidated income tax returns and annual franchise
tax to the State ofNevada. Vantone Manufacturingfiles income tax returns under the
Income Tax Law of the PRC concerning Foreign Investment Enterprises and Foreign
Enterprises and local income tax laws.Vantone Yuan and its subsidiaries file
income tax returns under the Income Tax Law of the PRC concerning China Private
Enterprises and local income tax laws.
 
 In accordance with the relevant PRC tax
laws and regulations,Vantone Manufacturingis subject to CIT at 27% and 25% tax
rate before, on and after January 1, 2008, respectively.Vantone Yuan and its subsidiaries
aresubject to CIT at 33%
and 25% tax rate before, on and after January 1, 2008, respectively.However,Vantone Yuan had been
exempted from CIT for a period from April 12, 2007 to December 31, 2007 by
Shenyang City Heping Region National Tax Authority.
 
 The
deferred tax assets in the accompanying balance sheet were $182,564 and $45,325
as of March 31, 2009 and 2008, respectively. There were no deferred tax
liabilities and valuation allowance as of the fiscal years ended March 31, 2009
and 2008. The deferred tax assets primary results from tax credit carry
forwards.
  F-17
 
 The
components of income tax expenses (benefits) related to continuing operations
were as follows:
 For the Fiscal Years Ended March
      31,2009
                              
                              
                              2008Current
                              
                              $
                              304,095
                              
                              
                              $
                              57,316Deferred
                              
                              
                              (206,439
                              )
                              
                              
                              (35,506
                              )Total
                              
                              $
                              97,656
                              
                              
                              $
                              21,810
 
 b.           Value Added Tax
(“VAT”)
 Vantone ManufacturingandVantone Yuan’s subsidiaries are
subjected to VAT on merchandisesales in PRC.Since Vantone Manufacturing engages in
the manufacture and processing business,a small scale VAT tax rate of 6% and 3%
is applicable before, on and after January 1, 2009. For Vantone Yuan’s
subsidiaries whichever engage in distribution and sales of daily commodities, a
small scale VAT tax rate of 4% and 3% is applicable before, on and after January
1, 2009. According to China VAT regulations,commencing fromJanuary 1, 2009,allsmall scale VAT tax rate has been
changed to3%.
 
 Kang Ping
is subject to VAT on merchandise sales in the PRC. A small scale VAT tax rate of
4% and 3% is applicable before, on and after January 1, 2009, and a general VAT
tax rate of 17% isapplicable for the merchandise
sales on and afterApril 1, 2009, respectively.
 
 Vantone
Yuan is also subject to VAT on merchandise sales in the PRC. A small scale VAT
tax rate of 4% and 3% is applicable before, on and after January 1, 2009, and a
general VAT tax rate of 17% were
applicable for the
merchandise saleson and
afterFebruary 1,
2008,
respectively.
 
 c.           Business Tax (“BT”)
 The Company is also subject to business
tax, which is charged on the service income
at a rate of 5% in accordance with the tax law in LiaoNingProvinceof PRC.
 
 d.           Taxes Payable
 As ofMarch 31,2009and 2008, tax payable consistedof the following:
  For the Fiscal Years Ended March
      31,2009
                              
                              
                              2008Value-added
    tax
                              
                              $
                              18,711
                              
                              
                              $
                              18,382Corporate income tax
      provision
                              
                              
                              52,313
                              
                              
                              
                              60,909Business
tax
                              
                              
                              6,577
                              
                              
                              
                              836Individual income tax
      withholdings
                              
                              
                              2,276
                              
                              
                              
                              688City construction, education, and
      other taxes
                              
                              
                              5,161
                              
                              
                              
                              5,005Total
                              
                              $
                              85,038
                              
                              
                              $
                              85,820
  F-18
 
 9.
              Operating
      Lease Commitments
 
 The Companyleases certain office spaces under
operating lease agreements.The rental expenses under
operating leases were $30,723 and $3,240 for the years ended March 31, 2009 and
2008, respectively. The following
is a schedule of future minimum rental payments required under operating leases
that had initial or remaining non-cancelable lease terms beyondMarch31,2009
  For the Fiscal Year Ending March
      31,
                                  
                                  
                                  Amount2010
                                  
                                  
                                  $
                                  14,9252011
                                  
                                  
                                  
                                  9,4642012
                                  
                                  
                                  
                                  3,640Total minimum rental payments
      required
                                  
                                  
                                  $
                                  28,029
 
 10.
              Stockholder’s
      Equity
 
 a.
                Common
      Stock
 The
Company is authorized to issue 100,000,000 shares of Common Stock, $0.001 par
value per share, of which 29,901,000 shares are outstanding and
issued.
  Holders
of the Common Stock are entitled to one vote for each share in the election of
directors and in all other matters to be voted on by the stockholders.
 There is no cumulative voting in the election of directors.  Holders
of Common Stock are entitled to receive such dividends as may be declared from
time to time by the Board of Directors with respect to the Common Stock out of
funds legally available, nd in the event of liquidation, dissolution or winding
up of the Company, to share proportionally t in all assets remaining after
payment of liabilities.  The holders of Common Stock have no pre-emptive or
conversions rights and are not subject to further calls or assessments.
 There are no redemption or sinking fund provisions applicable to the
Common Stock.  The Common Stock currently outstanding is validly issued,
fully paid and non-assessable.
  On May 14, 2009,Senior Opticianacquired all of the outstanding capital
stock ofVantone
International, aNevadacorporation. Vantone International owns 100% of the
registered capital ofVantone Manufacturing, a
company organized under the laws of The People’s Republic of China (“PRC”).
Vantone Manufacturing has exclusive controlover the business of Vantone
Yuan, a company organized
under the laws of the PRC.   As a result of their relationship, which
is generally identified as “entrusted management,” Vantone Manufacturing has the
right to receive all revenues obtained by Vantone Yuan, but also bears the
responsibility for all of the expenses incurred by Vantone Yuan.Vantone Yuan is
engaged in the distribution of health and beauty products and
equipment, primarily
through franchised stores and sales agents throughoutChina. Vantone Yuan also markets casualty and
health insurance policies through the same distribution
channels.
 
 Before Share Exchange with Vantone
International, Senior Optician had 5,954,000 shares of common stock issued and
outstanding.
  F-19
 
 In exchange for the outstanding shares
of Vantone International, Senior Optician issued 23,947,000 shares of its common
stock to the shareholders of Vantone International (the “Share Exchange”).
 Those shares represent 80.1 % of the outstanding shares of Senior
Optician.  19,157,600 of the shares were issued to Honggang Yu,although he immediately
assigned 14,368,200 of them to other shareholders for whom he served as
nominee. Honggang Yu is the
Chief Executive Officer of Vantone International, as well as the Chief Executive
Officer of Senior Optician.  The remaining 4,789,400 shares were issued to
Jichun Li, the Chief Financial Officer of Vantone International,although he immediately assigned
3,831,520 of them to other shareholders for whom he serves as nominee.  As
a result of these transactions, persons associated with Vantone now own
securities that represent 97.4% of the equity in Senior Optician.
 
 Upon completion of the Share Exchange,
there were 29,901,000 sharesof the Company’s common stock issued and
outstanding.
 
 b.
              Additional
      Paid-In Capital
 The
additional paid-in capital represents the excess of the aggregate fair value of
the capital contributed over the par value of the stock issued. There was
$1,914,891 and $2,332,387 additional paid-in capital as of March 31, 2009 and
2008, respectively
 
 c.           Dividends
and Reserves
 Under the
regulations and laws of the PRC, net income after taxation can only be
distributed as dividends after appropriation has been made for the following:
(i) cumulative prior years' losses, if any; (ii) allocations to the "Statutory
Surplus Reserve" of at least 10% of net income after taxes, as determined under
PRC accounting rules and regulations, until the fund amounts to 50% of the
Company's registered capital; and (iii) allocations to any discretionary surplus
reserve, if approved by shareholders.
 
 The
Company has not accrued "discretionary surplus reserve”, since it had not been
approved by the shareholders of the Company.
 
 The
Company established and segregated in retained earnings an aggregate amount of
$630,710 and $569,325 for the Statutory Surplus Reserve as of March 31, 2009 and
2008, respectively.
  11.
              Proxy
      Agreement, Entrust Management Agreement, and Purchase Option and
      Cooperation Agreement
  Effective
as of April 1, 2007, Vantone Manufacturing entered into three agreements with
Vantone Yuan and/or the shareholders of Vantone Yuan:  the Entrusted
Management Agreement, the Proxy Agreement, and the Purchase Option and
Cooperation Agreement.  Summaries of the agreements
follow:
  Proxy
Agreement:    In this agreement, the shareholders of
Vantone Yuan assigned to Vantone Manufacturing their voting rights and all other
shareholders rights, including the right to attend and vote such shares at any
shareholder’s meeting of the Company (or by written consent in lieu of a
meeting) without any limitations. The effective term of this agreement shall be
ten (10) years and may be extended by the written agreement among the parties
upon the expiration of this agreement.
  F-20
  Entrusted Management
Agreement:In this agreement, the shareholders of Vantone Yuan
entrusted Vantone Manufacturing to manage all assets and debts of Vantone Yuan.
The term of this Entrusted Management Agreement shall be from April 1, 2007 to
the earlier of the following:
  1)
                March
      31, 2017, or
  2)
                the
      winding up of Vantone Yuan,
or
  3)
                the
      termination date of this Entrusted Management Agreement to be determined
      by the parties, or
  4)
                the
      date on which Vantone Manufacturing completes the acquisition of Vantone
      Yuan.
  In
exchange for the services of Vantone Manufacturing pursuant to this Entrusted
Management Agreement, Vantone Yuan and its shareholders shall pay an entrusted
management fee to Vantone Manufacturing. The entrusted management fee shall
equal Vantone Yuan’s net profits, being the monthly revenues after deduction of
operating costs, expenses, and taxes. If the net profit is zero, Vantone Yuan is
not required to pay the entrusted management fee; if Vantone Yuan sustains
losses, all such losses will be carried over to next month and deducted from
next month's entrusted management fee.  Vantone Manufacturing and
Vantone Yuan shall calculate, and Vantone Yuan and its shareholders shall pay,
the monthly entrusted management fee at the conclusion of each
month.
 
 In
addition, Vantone Manufacturing shall assume all operation risks arising out of
the operations of Vantone Yuan and bear all losses of Vantone Yuan. If Vantone
Yuan does not have sufficient funds to repay its debts, Vantone Manufacturing is
responsible for paying these debts on behalf of Vantone Yuan. If Vantone Yuan's
net assets are lower than its registered capital, Vantone Manufacturing is
responsible for funding the deficit.
 
 Purchase Option and Cooperation
Agreement:  In this agreement, the  shareholders of
Vantone Yuan granted to  Vantone Manufacturing the exclusive option to
acquire, at any time upon satisfaction of the requirements under the PRC law,
the entire or a portion of all shareholders’ shares of equity or/assets owned by
Vantone Yuan.
  By reason
of these three agreements, Vantone Manufacturing is considered to be the primary
beneficiary of Vantone Yuan and its subsidiaries. Vantone Yuan and its
subsidiaries are considered to be the variable interest entities of Vantone
Manufacturing. Since Vantone International is the 100% equity owner of Vantone
Manufacturing,   Vantone Manufacturing and Vantone
Manufacturing’s variable interest entities shall be required to be consolidated
into the Company’s financial statements in accordance with accounting principles
generally accepted in the United States (“US GAAP”).
  12.
              Segment
      Reporting
  The
Company engages in two types of business activities: daily commodities sales and
insurance agency service. The chief operating decision makers evaluate
performance, make operating decisions, and allocate resources based on the
separated type of business financial data. Gross profit, operating income,
income from operations, and income taxes are allocated to specific business
activities within the organization. In accordance with SFAS No. 131 “Disclosures
about Segments of an Enterprise and Related Information” the Company is
considered to have two reportable segments. The Company is required to disclose
certain information about profit or loss, total assets and liabilities,
geographic areas, regulatory environments, major customers, and long-lived
assets. Following is a summary of segment information for the fiscal years ended
March 31, 2009 and 2008:
  F-21
 For the Fiscal Year Ended March
      31, 2009Daily
      Commodities
                                            
                                            
                                            InsuranceSales and
      Service
                                            
                                            
                                            Agency
    Service
                                            
                                            
                                            TotalTotal
assets
                                            
                                            $
                                            7,616,169
                                            
                                            
                                            $
                                            805,101
                                            
                                            
                                            $
                                            8,421,270Total long - lived assets,
      net
                                            
                                            $
                                            2,657,167
                                            
                                            
                                            $
                                            534,374
                                            
                                            
                                            $
                                            3,191,541Total
      liabilities
                                            
                                            $
                                            207,168
                                            
                                            
                                            $
                                            54,996
                                            
                                            
                                            $
                                            262,164Total
    revenue
                                            
                                            $
                                            2,562,010
                                            
                                            
                                            $
                                            396,721
                                            
                                            
                                            $
                                            2,958,731Operating income
      (loss)
                                            
                                            $
                                            414,294
                                            
                                            
                                            $
                                            (154,475
                                            )
                                            
                                            $
                                            259,819Depreciation
      expenses
                                            
                                            $
                                            132,536
                                            
                                            
                                            $
                                            30,530
                                            
                                            
                                            $
                                            163,066Interest
      revenue
                                            
                                            $
                                            29,792
                                            
                                            
                                            $
                                            825
                                            
                                            
                                            $
                                            30,617Minority
      interest
                                            
                                            $
                                            -
                                            
                                            
                                            $
                                            (22,764
                                            )
                                            
                                            $
                                            (22,764
                                            )Income tax expenses
      (benefits)
                                            
                                            $
                                            48,869
                                            
                                            
                                            $
                                            48,787
                                            
                                            
                                            $
                                            97,656For the Fiscal Year Ended March
      31, 2008Daily
      Commodities
                                            
                                            
                                            InsuranceSales and
      Service
                                            
                                            
                                            Agency
    Service
                                            
                                            
                                            TotalTotal
assets
                                            
                                            $
                                            8,243,583
                                            
                                            
                                            $
                                            859,650
                                            
                                            
                                            $
                                            9,103,233Total long - lived assets,
      net
                                            
                                            $
                                            2,756,731
                                            
                                            
                                            $
                                            549,258
                                            
                                            
                                            $
                                            3,305,989Total
      liabilities
                                            
                                            $
                                            830,127
                                            
                                            
                                            $
                                            19,847
                                            
                                            
                                            $
                                            849,974Total
    revenue
                                            
                                            $
                                            8,350,521
                                            
                                            
                                            $
                                            469,568
                                            
                                            
                                            $
                                            8,820,089Operating income
      (loss)
                                            
                                            $
                                            5,240,714
                                            
                                            
                                            $
                                            59,140
                                            
                                            
                                            $
                                            5,299,854Depreciation
      expenses
                                            
                                            $
                                            51,756
                                            
                                            
                                            $
                                            10,562
                                            
                                            
                                            $
                                            62,318Interest
      revenue
                                            
                                            $
                                            4,407
                                            
                                            
                                            $
                                            345
                                            
                                            
                                            $
                                            4,752Minority
      interest
                                            
                                            $
                                            -
                                            
                                            
                                            $
                                            14,599
                                            
                                            
                                            $
                                            14,599Equity in the net income of
      investeesaccounted for by
      the equity method
                                            
                                            $
                                            10,646
                                            
                                            
                                            $
                                            -
                                            
                                            
                                            $
                                            10,646Income tax expenses
      (benefits)
                                            
                                            $
                                            31,034
                                            
                                            
                                            $
                                            (9,224
                                            )
                                            
                                            $
                                            21,810
   13.
              Geographical
      Risks
 
 Substantially
all of the Company's operations are carried out in the PRC. Accordingly, the
Company's business is subject to considerations and risks atypical to those in
the United States, including changes in the political, economic, social, legal,
and tax environments in PRC, as well as changes in inflation and interest rates.
Changes in laws and regulations concerning PRC’s purchases and sales of daily
commodities, and insurance agency business could significantly affect the
Company’s future operating results and financial position.
  F-22
 
 14.
              Business
      from Affiliated and Unaffiliated
 
 The
Company purchased certain commodities from its affiliates during the year ended
March 31, 2008. Following is the summary for the fiscal years ended March 31,
2009 and 2008:
  For the Fiscal Year Ended March
      31, 2009Unaffiliated
                            
                            
                            Affiliated
                            
                            
                            TotalTotal
    purchase
                            
                            $
                            1,205,976
                            
                            
                            $
                            -
                            
                            
                            $
                            1,205,976Accounts
      payable
                            
                            $
                            74,361
                            
                            
                            $
                            -
                            
                            
                            $
                            74,361Accrued
      expenses
                            
                            $
                            80,777
                            
                            
                            $
                            -
                            
                            
                            $
                            80,777Total
    revenue
                            
                            $
                            2,958,731
                            
                            
                            $
                            -
                            
                            
                            $
                            2,958,731Account
      receivable
                            
                            $
                            886,539
                            
                            
                            $
                            -
                            
                            
                            $
                            886,539Interest
      revenue
                            
                            $
                            30,617
                            
                            
                            $
                            -
                            
                            
                            $
                            30,617Interest
      expenses
                            
                            $
                            -
                            
                            
                            $
                            -
                            
                            
                            $
                            -For the Fiscal Year Ended March
      31, 2008Unaffiliated
                            
                            
                            Affiliated
                            
                            
                            TotalTotal
    purchase
                            
                            $
                            1,568,592
                            
                            
                            $
                            105,249
                            
                            
                            $
                            1,673,841Accounts
      payable
                            
                            $
                            58,318
                            
                            
                            $
                            133,995
                            
                            
                            $
                            192,313Accrued
      expenses
                            
                            $
                            117,174
                            
                            
                            $
                            -
                            
                            
                            $
                            117,174Total
    revenue
                            
                            $
                            8,820,089
                            
                            
                            $
                            -
                            
                            
                            $
                            8,820,089Account
      receivable
                            
                            $
                            294
                            
                            
                            $
                            -
                            
                            
                            $
                            294Interest
      revenue
                            
                            $
                            4,752
                            
                            
                            $
                            -
                            
                            
                            $
                            4,752Interest
      expenses
                            
                            $
                            -
                            
                            
                            $
                            -
                            
                            
                            $
                            -
   15.
              Concentration
      of Business
  a.           Major
Customers
  The
following summarizes products sales to major customers (each 10% or more of
total products sold):
 Sales to
    Major
                      
                      
                      Number of
                      
                      
                      Percentage
    ofFor Fiscal Years Ended March
      31,
                      
                      Customers
                      
                      
                      Customers
                      
                      
                      Total Products
      Sales2009
                      
                      $
                      282,152
                      
                      
                      
                      1
                      
                      
                      
                      11.01
                      %2008
                      
                      $
                      3,947,233
                      
                      
                      
                      3
                      
                      
                      
                      47.28
                      %
  The
following summarizes insurance agency service fees received from major insurance
company (each 10% or more of total insurance agency service fees
received):
  Revenue
from
                      
                      
                      Number of
                      
                      
                      Percentage
    ofFor Fiscal Years Ended March
      31,
                      
                      Major Insurance
      Co.
                      
                      
                      Insurance
    Co.
                      
                      
                      Total Service
      Rendered2009
                      
                      $
                      276,402
                      
                      
                      
                      3
                      
                      
                      
                      69.67
                      %2008
                      
                      $
                      468,202
                      
                      
                      
                      1
                      
                      
                      
                      99.47
                      %
  F-23
  b.           Major
Suppliers
 
 The
following summarizes raw materials and products purchases from major suppliers
(each 10% or more of total raw material and products purchased):
  Purchase
    from
                      
                      
                      Number of
                      
                      
                      Percentage
    ofFor Fiscal Years Ended March
      31,
                      
                      Major
    Suppliers
                      
                      
                      Suppliers
                      
                      
                      Total
    Purchases2009
                      
                      $
                      698,008
                      
                      
                      
                      3
                      
                      
                      
                      57.88
                      %2008
                      
                      $
                      933,732
                      
                      
                      
                      3
                      
                      
                      
                      55.78
                      %
  16.
              Subsequent
      Events
 
 Commencing from April 1, 2009, Kang Ping
became a general VAT tax payerinPRC, a general VAT tax rate of 17% is
applicable.
   F-24




ITEM
9. CHANGES
IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL
DISCLOSURE





Not applicable.





ITEM
9A. CONTROLS
AND PROCEDURES





(a)           Evaluation of Disclosure Controls and
Procedures.




The term “disclosure controls and
procedures” (defined in SEC Rule 13a-15(e)) refers to the controls and other
procedures of a company that are designed to ensure that information required to
be disclosed by a company in the reports that it files under the Securities
Exchange Act of 1934 (the “Exchange Act”) is recorded, processed, summarized and
reported within required time periods. “Disclosure controls and procedures”
include, without limitation, controls and procedures designed to ensure that
information required to be disclosed by a company in the reports that it files
or submits under the Exchange Act is accumulated and communicated to the
company’s management, including its principal executive and principal financial
officers, or persons performing similar functions, as appropriate to allow
timely decisions regarding required disclosure.




The
Company’s management, with the participation of the Chief Executive Officer and
the Chief Financial Officer, has evaluated the effectiveness of the Company’s
disclosure controls and procedures as of the end of the period covered by this
annual report (the “Evaluation Date”). Based on that evaluation, the Company’s
Chief Executive Officer and Chief Financial Officer have concluded that, as of
the Evaluation Date, such controls and procedures were effective.





(b)           Changes in Internal
Controls.




The term “internal control over
financial reporting” (defined in SEC Rule 13a-15(f)) refers to the process of a
company that is designed to provide reasonable assurance regarding the
reliability of financial reporting and the preparation of financial statements
for external purposes in accordance with generally accepted accounting
principles. The Company’s management, with the participation of the Chief
Executive Officer and Chief Financial Officer, has evaluated any changes in the
Company’s internal control over financial reporting that occurred during the
fourth quarter of the year covered by this annual report, and they have
concluded that there was no change to the Company’s internal control over
financial reporting that has materially affected, or is reasonably likely to
materially affect, the Company’s internal control over financial
reporting.





(c) Management’s Report on Internal
Control over Financial Reporting.




Management
of the Company is responsible for establishing and maintaining adequate internal
control over financial reporting as defined in Rule 13a-15(f) under the
Securities Exchange Act of 1934.  We have assessed the effectiveness
of those internal controls as of March 31, 2009, using the Committee of
Sponsoring Organizations of the Treadway Commission (“COSO”) Internal Control –
Integrated Framework as a basis for our assessment.




Because
of inherent limitations, internal control over financial reporting may not
prevent or detect misstatements.  Projections of any evaluation of
effectiveness to future periods are subject to the risk that controls may become
inadequate because of changes in conditions, or that the degree of compliance
with the policies and procedures may deteriorate.  All internal
control systems, no matter how well designed, have inherent
limitations.  Therefore, even those systems determined to be effective
can provide only reasonable assurance with respect to financial statement
preparation and presentation.





18




A
material weakness in internal controls is a deficiency in internal control, or
combination of control deficiencies, that adversely affects the Company’s
ability to initiate, authorize, record, process, or report external financial
data reliably in accordance with accounting principles generally accepted in the
United States of America such that there is more than a remote likelihood that a
material misstatement of the Company’s annual or interim financial statements
that is more than inconsequential will not be prevented or detected. In the
course of making our assessment of the effectiveness of internal controls over
financial reporting, we identified one material weaknesses in our internal
control over financial reporting.  This material weakness consisted
of:




a.           Lack of expertise in U.S accounting
principles among the personnel in our Chinese
headquarters.  Our books are maintained and our financial
statements are prepared by the personnel employed at our executive offices in
the City of Shenyang.  Few of our employees have experience or
familiarity with U.S accounting principles.  The lack of personnel in
our Shenyang office who are trained in U.S. accounting principles is a weakness
because it could lead to improper classification of items and other failures to
make the entries and adjustments necessary to comply with U.S.
GAAP.




Management
is currently reviewing its staffing and their training in order to remedy the
weaknesses identified in this assessment.  To date, we are not aware
of significant accounting problems resulting from these weaknesses; so we have
to weigh the cost of improvement against the benefit of strengthened
controls.  However, because of the above conditions, management’s
assessment is that the Company’s internal controls over financial reporting were
not effective as of March 31, 2009.




This
annual report does not include an attestation report of the Company’s registered
public accounting firm regarding internal control over financial
reporting.  Management’s report was not subject to attestation by the
Company’s registered public accounting firm pursuant to temporary rules of the
Securities and Exchange Commission that permit the Company to provide only
management’s report in this annual report.





ITEM
9B. OTHER
INFORMATION





None.








PART
III





ITEM
10. DIRECTORS,
EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE





The
officers and directors of the Company are:





19




Position/Title
                Age
                Director
      SinceHonggang
      Yu
                Chairman,
      Chief Executive Officer
                44
                2009Jichun
      Li
                Director/Chief
      Financial Officer
                54
                2009Yi
      Tong
                Director/
      Chief Operations Officer
                53
                2009





The
following sets forth biographical information regarding the Company’s
directors.




Honggang Yu.  Mr. Yu
founded Vantone Manufacturing in 2003, and has been employed by Vantone
Manufacturing since that time as Chairman and Chief Executive
Officer.  He has also served as Chairman and Chief Executive Officer
of Vantone Yuan since it was organized in 2007.  From 2000 to 2003,
Mr. Yu was employed as a clerk by the Guangdong Development
Bank.  From 1992 to 2000, Mr. Yu was employed as Chief Financial
Officer of the Dong Yu Group. In 1985 Mr. Yu was awarded a bachelor’s degree
with a specialty in financial accounting by Dongbei University of Finance &
Economics.





Jichun Li.  Mr. Li
helped to organize Vantone Yuan in 2007, and has served as its Vice President –
Finance since that time.  Since 2008 he has also served as Vice
President – Finance for Vantone Manufacturing.  From 1979 until he
joined Vantone, Jichun Li served as Chief Financial Officer for four companies
engaged in private enterprise in China, the last such appointment being with
Shenyang Di Jie Trading Investment & Development Co., Ltd.  In
1985 Mr. Li was awarded a degree from the Shenyang Television University, with a
specialty in industrial accounting.





Yi Tong.  Mr. Tong
has been employed as Chief Operations Officer of Vantone since
2008.  From 1999 until 2008, he was employed as the Chief Financial
Officer, Vice Chief Executive Officer and Vice Director of Shenyang Dong Yu
Group Co., Ltd.  In 2001, Mr. Tong was awarded a masters degree in
business administration by California America University. He was also awarded a
master degree in business administration by Liaoning Provincial Party School in
1997.





All of
our directors hold offices until the next annual meeting of the shareholders of
the Company, and until their successors have been qualified after being elected
or appointed.  Officers serve at the discretion of the board of
directors.





Audit
Committee; Compensation Committee; Nominating Committee.





Due to the small size of our Board of
Directors, we have not constituted an audit committee, a compensation committee
or a nominating committee.  Decisions regarding nominations to the
Board will be made by all currently-serving members of the Board.  For
the same reason, we do not have an audit committee financial expert among the
members of our Board of Directors.





20





Code of
Ethics





The Board of Directors has not adopted
a code of ethics applicable to the Company’s executive officers.  The
Board believes that the small number of individuals involved in the Company’s
management makes such a code unnecessary.





Section 16(a) Beneficial
Ownership Reporting Compliance





None of
the officers, directors or beneficial owners of more than 10% of the Company’s
common stock failed to file on a timely basis the reports required by Section
16(a) of the Exchange Act during the year ended March 31, 2009,





ITEM
11.             EXECUTIVE
COMPENSATION





The
following table sets forth all compensation awarded to, earned by, or paid by
the companies that are currently subsidiaries of Senior Optician  to
Honggang Yu, the Company’s Chief Executive Officer, for services rendered in all
capacities to the Company during the years ended March 31, 2009, 2008 and
2007.  There were no other executive officers whose total salary and
bonus for the fiscal year ended March 31, 2009 exceeded $100,000.





Year
                    
                    Salary
                    
                    
                    Bonus
                    
                    
                    Stock
                      Awards
                    
                    
                    Option
                      Awards
                    
                    
                    Other
                      CompensationHonggang
      Yu
                    2009
                    
                    $
                    --
                    
                    
                    
                    --
                    
                    
                    
                    --
                    
                    
                    
                    --
                    
                    
                    
                    --2008
                    
                    $
                    --
                    
                    
                    
                    --
                    
                    
                    
                    --
                    
                    
                    
                    --
                    
                    
                    
                    --2007
                    
                    $
                    --
                    
                    
                    
                    --
                    
                    
                    
                    --
                    
                    
                    
                    --
                    
                    
                    
                    --





Employment
Agreements





The Company has three executive
officers:  Messrs Honggang Yu, Jichun Li and Yi
Tong.  Honggang Yu does not have an employment agreement with the
Company, Jichun Li and Yi Tong each has an employment agreement with the Company
that outlines salary and benefit arrangements.  The two agreements
have similar terms, which include base salaries of cash, the provision of
labor-related insurance, termination for cause or on 30 days’ notice, and the
provision of labor-related benefits in conformance with PRC labor
laws.  These agreements have one-year terms.





Compensation of
Directors





Employees who are also members of the
Board of Directors are not additionally compensated for their services as a
director.  We currently have no directors who are not also
employees.





21





Equity
Grants





The
following tables set forth certain information regarding the stock options
acquired by the Company’s Chief Executive Officer during the year ended March
31, 2009 and those options held by him on March 31, 2009.





Option Grants in the Last
Fiscal Year





Number
      of
                  securities
                  underlying
                  option
                Percent
                  of
      total
                  options
                  granted
      to
                  employees
                  in
      fiscal
                Exercise
                  Price
                Expiration
                Potential
      realizable
                  value
      at assumed
                  annual
      rates of
                  appreciation
                  for
      option termgranted
                year
                ($/share)
                Date
                5%
                10%Honggang
      Yu
                --
                --
                --
                --
                --
                --





The
following tables set forth certain information regarding the stock grants
received by the executive officers named in the table above during the year
ended March 31, 2009 and held by them unvested at March 31, 2009.





Unvested Stock Awards in the
Last Fiscal Year




Number
      of
                    Shares
      That
                    Have
      Not
                    Vested
                  Market
      Value
                    of
      Shares That
                    Have
      Not
                    VestedHonggang
      Yu
                  --
                  --











ITEM
12. SECURITY
OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER
MATTERS





The
following table sets forth information known to us with respect to the
beneficial ownership of our common stock as of the date of this prospectus by
the following:





·
            each
      shareholder known by us to own beneficially more than 5% of our common
      stock;




·
            Honggang
      Yu, our Chief Executive Officer




·
            each
      of our directors; and




·
            all
      directors and executive officers as a
group.





There are
29,901,000 shares of our common stock outstanding on the date of this
report.  Except as otherwise indicated, we believe that the beneficial
owners of the common stock listed below have sole voting power and investment
power with respect to their shares,  subject to community property
laws where applicable.  Beneficial ownership is determined in
accordance with the rules of the Securities and Exchange
Commission.





22




In
computing the number of shares beneficially owned by a person and the percent
ownership of that person, we include shares of common stock subject to options
or warrants held by that person that are currently exercisable or will become
exercisable within 60 days. We do not, however, include these “issuable” shares
in the outstanding shares when we compute the percent ownership of any other
person.





Name  and
      Address of
                  Beneficial
      Owner(1)
                Amount
      and Nature of
                  Beneficial
      Ownership
                Percentage of
      ClassHonggang
      Yu
                9,964,400
                33.3%Jichun
      Li
                957,880
                3.2%Yi
      Tong
                287,364
                1.0%All
      officers anddirectors
      (3 persons)
                11,209,644
                37.5%


_____________________________


(1)
            Unless
      otherwise noted, the shareholder’s address is c/o No. 195, Zhongshan Road,
      Heping District, Shenyang, Liaoning Province, P.R.
  China.





ITEM
13 CERTAIN
RELATIONSHIPS AND RELATED TRANSACTIONS, AND DIRECTOR
INDEPENDENCE




Certain Relationships and
Related Transactions




Honggang
Yu, our Chief Executive Officer, owns 16.67% of Shenyang HaiGui Investment Co.,
Ltd. (“HaiGui”).   In order to support HaiGui’s operations,
Vantone Yuan advanced to HaiGui an unsecured loan in the amount of $183,115 in
November 2007 with no interest. This loan was fully paid off by HaiGui on June
25, 2008. However, Vantone Yuan made another unsecured loan to HaiGui in the
amount of $58,630 on July 9, 2008.  The loan did not bear interest and
was payable on March 31, 2009. HaiGui fully satisfied the loan by March 30,
2009.





Honggang
Yu also owned 10% of Shenyang TongLiDa Trading Co., Ltd.
(“TongLiDa”).  In order to support TongLiDa’s operations, Vantone Yuan
advanced funds to TongLiDa in the amount of $364,863 in April 2007. This loan
was fully paid off by TongLiDa on May 9, 2008. However, Vantone Yuan made
another unsecured loan to TongLiDa in the amount of $7,328, which did not bear
interest and was payable on March 31, 2009. TongLida fully paid off the loan on
March 30, 2009.





In March
2009 Vantone Yuan transferred ownership of Jilin Qunfeng Insurance Agent Co.,
Ltd ("Qunfeng") to Mr. Honggang Yu and Hongfen Cao, Mr. Yu’s spouse. Mr. Yu and Ms. Cao paid
80,000 RMB in exchange for Qunfeng. In order to support Qunfeng’s
operations, the Company advanced funds to Qunfeng in the amount of $83,366
(equivalent to RMB 569,693) from October 2008 to January 2009. The Company
expects to collect these advanced funds before the end of July
2009.





23





In March
2009, Vantone Yuan
also transferred its ownership of Heilongjiang DiAn Insurance Agent Co., Ltd.
("DiAn")  to Mr. Yu and Ms. Cao. Mr. Yu and Ms. Cao paid 50,000
RMB in exchange for  DiAn. In order to support DiAn’s operations, the
Company advanced funds to DiAn in the amount of $64,726 (equivalent to RMB
442,315) from October 2008 to February 2009. The Company expects to collect
these advanced funds before the end of July 2009.





From time
to time, since he organized Vantone Manufacturing and Vantone Yuan, Honggang Yu
has loaned money to those entities, or they have loaned money to Mr.
Yu.  The loans do not bear interest and are payable on
demand.  As of March 31, 2009, the total net amount owed by Honggang
Yu to the Company as a result of these loans was $367,549.





Director
Independence




None of the members of the Company’s
Board of Directors is an independent director, pursuant to the definition of
“independent director” under the Rules of The NASDAQ Stock Market.





ITEM
14.             PRINCIPAL
ACCOUNTANT FEES AND SERVICES





MS Group CPA LLC has been the
independent accountant for Vantone International Group, Inc. and its
subsidiaries since 2007.  In May 2009, when Senior Optician acquired
Vantone International Group, MS Group CPA became the independent accountant for
Senior Optician.





Audit Fees





MS Group CPA LLC billed $100,000 to the
Company for professional services rendered for the audit of financial statements
for the fiscal year ended March 31, 2009.  MS Group CPA LLC billed
$100,000 to the Company for professional services rendered for the audit of
fiscal 2008 financial statements.





Audit-Related Fees





MS Group CPA LLC billed $0 to the
Company during 2009 for assurance and related services that are reasonably
related to the performance of the 2009 audit or review of the quarterly
financial statements.  MS Group CPA LLC billed $0 to the Company
during 2008 for assurance and related services that are reasonably related to
the performance of the 2008 audit or review of the quarterly financial
statements.





Tax Fees





MS Group CPA LLC billed $0 to the
Company during fiscal 2009 for professional services rendered for tax
compliance, tax advice and tax planning.  MS Group CPA LLC billed $0
to the Company during fiscal 2008 for professional services rendered for tax
compliance, tax advice and tax planning.





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All Other Fees





MS Group CPA LLC billed $0 to the
Company in fiscal 2009 and $0 in fiscal 2008 for services not described
above.




It is the policy of the Company
that all services other than audit, review or attest services must be
pre-approved by the Board of Directors.  No such services have been
performed by MS Group CPA LLC.




ITEM
15              EXHIBITS
AND FINANCIAL STATEMENT SCHEDULES





(a)
      Exhibit List21
                  Subsidiaries
      –
                  Vantone
      International Group Inc., a Nevada corporationShenyang
      Vantone Health Care Products Manufacturing Co., Ltd.., a  PRC
      corporation31.1
                  Rule
      13a-14(a) Certification – CEO31.2
                  Rule
      13a-14(a) Certification - CFO32
                  Rule
      13a-14(b)
Certifications








SIGNATURES





Pursuant to the requirements of Section
13 or 15(d) of the Securities Exchange Act of 1934, the Registrant has duly
caused this Report to be signed on its behalf by the undersigned, thereunto duly
authorized.








SENIOR
      OPTICIAN SERVICE, INC.Date:
      July 13, 2009
              /s/ Honggang
      YuHonggang
      Yu, Chief Executive Officer





Pursuant to the requirements of Section
13 or 15(d) of the Securities Exchange Act of 1934, this Report has been signed
below by the following persons on behalf of the Registrant and in the capacities
and on the dates indicated.





/s/ Honggang
      Yu
              July
      13, 2009Honggang
      YuDirector,
      Chief Executive Officer/s/ Jichun
      Li
              July
      13, 2009Jichun
      LiDirector,
      Chief Financial OfficerYi
      Tong
              July
      13, 2009Yi
      Tong, Director







25