UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549



Form 10-K/A





|[X]  ANNUAL REPORT PURSUANT
        TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
        
        For the fiscal year ended June
        30, 2010
        
        [  ] TRANSITION REPORT
        UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
        
        For the transition period from
        ______ to _________
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|                                                                                                                                                                                                                                                                                                                                                               





Commission File Number: 333-153182



Great Wall Builders Ltd.

(Exact name of registrant as specified
in its charters)



|Texas                                                                                                          |  | 71-1051037                           
|-------------------------------------------------------------------------------------------------------------- |  | -------------------------------------
|(State
    or other jurisdiction of incorporation or organization)                                             |  | (IRS
    Employer Identification No.)
|                                                                                                               |  |                                      
|2620 Fountainview, #115B
        Houston, Texas 77057
        (Address of principal executive
        offices)
|                                                                                                              
|                                                                                                               |  |                                      



(281)- 575-0636   Fax:
(281)-575-6983

(Registrant telephone number, including
area code)



Securities registered pursuant to Section
12(b) of the Act:



|Title
    of Each Class | Name
    of Each Exchange On Which Registered
|----------------------- | ---------------------------------------------
|N/A                     | N/A                                          



Securities registered pursuant to Section
12(g) of the Act:



N/A

(Title of class)



Indicate by check mark if the registrant is a well-known
seasoned issuer, as defined in Rule 405 of the Securities Act.  Yes [   ]   No [X]



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 [ X ]









1











Indicate by check mark whether the registrant (1) has filed
all reports required to be filed by Section 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 [X] No [ ]



Indicate by check mark if disclosure of delinquent filers
pursuant to Item 405 of Regulation S-K is not contained herein, and will not be contained, to the best of registrant 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       | [ ] | Smaller 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 [X]



As of June 30, the aggregate market value of the common
stock held by non-affiliates of the Registrant was approximately $2,366,400



The number of shares of Registrant common stock outstanding
as of June 30, 2010 was 4,800,000





Explanation Note:



This Amendment No. 1 on Form 10-K/A
includes supplementary disclosures to the registrant Form 10-K filed with the US Securities and Exchange Commission on September
24, 2010. The reasons for filing this Amendment No: 1 on Form 10-K/A are providing supplementary disclosures of the original filing.
These supplemental disclosures include Item 1: Business; Item 2: Properties; Item 7: Management Discussion and Analysis of Financial
Condition and Results of Operations; Item 9A: Controls and Procedures; Item 12: Owners and Management and Related Stockholder
Matter; and revised section 302 certification. This amendment No: 1 does it reflect any changes that may have occurred subsequent
to the original filing, the other Items in the Initial Filing remain unchanged and are not restated herein.





2











PART 1

|          |                                                                                                                   | PAGE 
|--------- | ----------------------------------------------------------------------------------------------------------------- | -----
|Item 1:   | Business                                                                                                          | 4-6  
|Item 1A:  | Risk Factors                                                                                                      | 6    
|Item 1B:  | Unresolved Staff Comments                                                                                         | 6    
|Item 2:   | Properties                                                                                                        | 7    
|Item 3:   | Legal Proceedings                                                                                                 | 7    
|Item 4:   | Submission of Matters to
    Vote of Security Holders                                                             | 7    
|          |                                                                                                                   |      
|PART 11: 
|          |                                                                                                                   |      
|Item 5:   | Market for Registrant Common
    Equity and Related Stockholder Matters and Issuer Purchases of Equity Securities | 7-8  
|Item 6:   | Selected Financial Data                                                                                           | 9    
|Item 7:   | Management Discussion and
    Analysis of Financial Condition and Results of Operations                           | 9-11 
|Item 7A:  | Quantitative and Qualitative
    Disclosures About Market Risk                                                    |      
|Item 8:   | Financial statements and
    supplemental data                                                                    | F1-F5
|Item 9:   | Changes In and Disagreements
    With Accountants and Accounting and Financial Disclosure                         | 16   
|Item 9A:  | Controls and Procedures                                                                                           | 15   
|Item 9B:  | Other Information                                                                                                 | 16   
|          |                                                                                                                   |      
|PART 111:
|          |                                                                                                                   |      
|Item 10:  | Director, Executive Officers
    and Corporate Governance                                                         | 17   
|Item 11:  | Executive Compensation                                                                                            | 18-19
|Item 12:  | Owners and Management and
    Related Stockholder Matters                                                         | 20   
|Item 13:  | Certain Relationships and
    Related Transactions and Director Independence                                      | 20   
|Item 14:  | Principal Accountant Fees
    and Services                                                                        | 20   
|          |                                                                                                                   |      
|PART IV: 
|          |                                                                                                                   |      
|Item 15:  | Exhibits, Financial Statement
    Schedules                                                                       | 21   



FORWARD LOOKING STATEMENTS.



This annual report contains forward-looking
statements. These statements relate to future events or our future financial performance. In some cases, you can identify forward-looking
statements by terminology such as "may", "should", "expects", "plans", "anticipates", "believes", "estimates", "predicts", "potential"
or "continue" or the negative of these terms or other comparable terminology. These statements are only predictions and involve
known and unknown risks, any of which may cause our or our industry's actual results, levels of activity, performance or achievements
to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these
forward-looking statements.



Forward looking statements are made
based on management's beliefs, estimates and opinions on the date the statements are made and we undertake no obligation to update
forward-looking statements if these beliefs, estimates and opinions or other circumstances should change. Although we believe
that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of
activity, performance or achievements. Except as required by applicable law, including the securities laws of the United States,
we do not intend to update any of the forward-looking statements to conform these statements to actual results.



The safe harbors of forward-looking
statements provided by Section 21E of the exchange Act are unavailable to issuers of penny stock. As we issued securities at a
price below $5.00 per share, our shares are considered penny stock and such safe harbors set forth under the Private Securities
Litigation Reform Act of 1995 are unavailable to us.



Our financial statements are stated
in United States dollars and are prepared in accordance with United States generally accepted accounting principles. In this annual
report, unless otherwise specified, all dollar amounts are expressed in United States dollars and all references to "common stock"
refer to the common shares in our capital stock. As used in this annual report, the terms "we", "us", "our" and "GWBU" mean "
Great Wall Builders Ltd.," unless otherwise indicated.





3









PART 1

Item: 1 BUSINESS



OVERVIEW



Great Wall Builders Ltd. incorporated
in Texas on November 3, 2007. We plan to provide affordable homes with solar integrated system in Texas. Growth and expansion
opportunities have also been identified in other regions of the United States as well as in China. The need for affordable homes
with solar integrated system in the United States is in great demand due to change of consumer preferences for smaller homes and
rising energy costs. We plan to design and sell affordable homes and offer other innovative solar integrated system such as solar
roof tiles, solar hot water heaters and solar photovoltaic systems. We expect to promote our affordable homes for American families
with solar integrated features in the U.S. and China.



PRIMARY PRODUCTS



(A) Affordable Homes In USA



We anticipate building affordable
homes in Houston HOPE neighborhoods. Houston HOPE is the City Mayor initiative to reinvest in some of Houston historic neighborhoods
through a combination of stabilization activities and by supporting locally-led community building activities. The goal of Houston
HOPE is to build stronger neighborhoods that meet the needs of their current residents and are attractive to new families. As
of June 30, 2010, the Houston HOPE is offering homebuyers up to $37,500 as down payment assistance for buying new or existing
homes in HOPE neighborhoods. Both Homebuyers and we are benefiting from $37,500, the Houston HOPE down payment assistance program.
In addition, the American Recovery and Reinvestment Act of 2009, a federal program, provides as much as $8,000 tax credit to qualified
first-time homebuyers. We believe the federal and Houston economic stimulus incentives will motivated the first time home buyers
to buy our affordable homes in HOPE neighborhoods. HOPE neighborhoods include these Houston neighborhoods and boundaries: Acres
Homes, Denver Harbor, Fifth Ward, Independence Heights, Northside, Settlegast, Sunnyside, and Trinity Gardens.



We believe American families need
homes and shelters in every major cities and States. With the support of federal, state and cities economic grants and incentives,
we believe we can fulfilled the American dreams of homeownership by building affordable homes. We need the support of federal,
state and cities economic stimulus grants to fulfill the dream of homeownership for every American families.





Housing markets across the United
States have experienced a prolonged downturn due to a persistent oversupply of homes available for sale and weak consumer demand
for housing. Since 2008, a generally poor economic and employment environment as well as turbulence in credit markets have worsened
these conditions. Although housing affordability has been at historically high levels in the past few years due to lower selling
prices and relatively low residential consumer mortgage interest rates, the negative supply and demand dynamics for the homebuilding
industry during the present housing downturn have influenced our business operations.



|
|

For the fiscal year ended June 30,
2010, we have submitted our proposal to acquired residential lots from the Houston HOPE program but we have not yet received any
positive responses from LARA. Houston HOPE houses are built by local builders who have contracted with the Land Assemblage Redevelopment
Authority ( LARA) ; it is a part of City redevelopment agency that oversee the sale of city owned residential lots to qualified
builders. Builders who qualified to purchase residential lots from the Land Assemblage Redevelopment Authority can get a substantial
discounts for residential lots. As part of the consideration for discounted prices, City of Houston imposed conditions required
builders to construct new homes in the HOPE neighborhoods within a certain time periods. We believe residential lots acquired
from the other sources may be more suitable for us. The recent downturn of the real estate market and the flood of foreclosure
homes have affected many home builders in the building industry. Financial institutions have tightened their lending policies;
potential buyers for new homes are increasingly more difficult to obtain financing. These worst factors had caused us to adjust
our business plans. We have evaluated other alternative building opportunities in other neighborhoods in the City of Houston and
surrounding counties. Residential neighborhoods in Fort Bend County may have a better prospect for appreciation, retention in
value, and easier for resale for new home constructions. Financial institutions are more receptive for mortgage applicants in
Fort Bend County.



4










(B) Affordable Homes in China



We anticipate forming partnerships
and joint ventures with real estate developers, architects, building contractors, building materials suppliers, real estate brokers
and banking institutions in China. We expect to build affordable homes in major cities in China. With our plans for expansion
in China, we expect our operating expenses will increased substantially in 2011. In China, real estate developers generally have
unsold inventory homes during economic downturns, we expect to acquire their unsold inventory homes using our equity and debt
financing and resell these inventory homes to qualified buyers in China. For the fiscal year ended June 30, 2011, we have held
a series of discussions with selected builders, real estate developers and real estate agents in China.Building affordable homes
in China is still one of our business plans to enter the real estate market in China.



SECONDARY PRODUCTS



We expect to offer the following solar related products
as part of our solar integrated system home. We intend to offer these solar integrated systems as upgrades only.



(C) Solar Water Heaters



Solar water heating (SWH) systems are reliable and economical
appliances for heating domestic water. They typically consist of collectors, a controller and storage tanks. SWH systems are economical
to install and energy efficient. When they are installed on new houses and the cost is included in the mortgage, the increase
in the monthly payment is small.



(D) Solar Electric Photovoltaic (PV) System



Solar electric systems contain modules made up of photovoltaic
(PV) cells that generate electricity when exposed to sunlight. They have no moving parts, require almost no maintenance, and last
for decades. The PV cells generate direct current (DC) electricity, which is converted to alternating current (AC) electricity
by an inverter. Our PV systems come in a range of efficiencies and configurations. PV systems with modules that are mounted over
existing roofing are still the most common.



(E) Solar integrated roof tiles



Our solar integrated roof tiles consist of many shapes
and sizes which offer a clean, unobtrusive look that is especially pleasing to homeowners. These solar modules are quick and easy
to integrate into the roof in the same manner as common, flat concrete tiles. They are designed for weather blocking, with a water
channel design similar to concrete tiles. Offering superior durability, they are resistant to moisture, impact and high winds.
Our solar roof modules consist of an ideal combination of aesthetics, performance and ease of installation for a wide range of
residential new construction.



MARKETING AND SALES



We market and sell our homes through independent real estate
brokers. Independent real estate broker normally assisted prospective homebuyers for negotiations. Prospective homebuyers are
typically first-time homebuyers who need assistances for sources of financing and other related matters.



5











COMPETITION



The homebuilding business is competitive.
We compete with numerous home builders of varying sizes, ranging from local to national in scope, some of which have better financial
resources than we have. We anticipate building homes in several community redevelopment neighborhoods with federal, state and
cities incentives to lessen the competition from other builders. Most custom builders do not want to build in targeted neighborhoods
that have ceilings on selling prices such as the Houston HOPE neighborhoods. We anticipate to building new single family homes
that sell for less than $150,000 and duplexes that sell for less than $200,000 in these community redevelopment neighborhoods.



We also face competition from existing resale homes
and, to a lesser extent, condominiums and rental housing. Competition among local homebuilders are based on a number of interrelated
factors, including location, reputation, amenities, design, quality and price. Local builders of new homes compete not only for
homebuyers, but also for quality of construction and workmanship, locations, financing, raw materials and skilled subcontractors.



REGULATION AND ENVIRONMENT MATTERS



We are subject to various local, state and federal
statutes, ordinances, rules and regulations concerning zoning, building design, construction and similar matters, including local
regulations which impose restrictive zoning and density requirements. City of Houston does not have zoning laws but it enforces
deed restrictions in certain neighborhoods. We anticipate to complying with applicable building codes and zoning laws in our remodeling
and building activities. As of June 30, 2010, compliance with such ordinances and related matters has not materially affected
our operations, although it may do so in the future.



INTELLECTUAL PROPERTIES



We intend to assert our rights under trade secret, unfair
competition, trademark, patent, and copyright laws to protect all our future intellectual properties including our trademarks.
We believe our trademark has substantial proprietary values in the future. It is based on red color with ornaments and centered
with a dragon. The dragon was a distinctive symbol of Manchurian noble families and artisans, a heritage in which we are a part.



RESEARCH AND DEVELOPMENT



We plan to spend not less than $30,000 in research and
development activities for the fiscal year ended June 30, 2011. Research and development activities related to solar roof tiles
are one of the building trends in the United States and abroad.



EMPLOYEES



Most business activities to date have been undertaken by
our Chief Executive Officer and other individuals retained on an independent contractor basis.



AVAILABLE INFORMATION



We file annual, quarterly and current
8-K reports, and other information with the Securities and Exchange Commission (the "SEC"). These filings are available to the
public over the Internet at the SEC web site at http://www.sec.gov. You may also read and copy any document we file at
the SEC public reference room located at 100 F Street, N.E., Washington, DC 20549. Please call the SEC at 1-800-SEC-0330 for further
information on the public reference room.



Item 1A: RISK FACTORS



We are a smaller reporting company as defined by Rule 12b-2
of the Exchange Act and are not required to provide the information under this item.



Item 1B: UNRESOLVED STAFF COMMENTS



We are a smaller reporting company as defined by Rule 12b-2
of the Exchange Act and are not required to provide the information required under this item.



6





Item 2: PROPERTIES



Our executive office is located at 2620 Fountainview, #115B,
Houston, Texas 77057. As of June 30, 2010, we owned three residential lots in Houston, Texas.



Item 3: LEGAL PROCEEDINGS



We know of no material, active, or pending legal proceeding
against our company, nor are we involved as a plaintiff in any material proceeding or pending litigation or action involves damages
for more than 10% of our current assets. There are no proceedings in which any of our company directors, officers, or affiliates,
or any registered or beneficial shareholders, is an adverse party or has a material interest adverse to our company interest.



Item 4: SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS



No matters were submitted to a vote of our security holders
during the fourth quarter of fiscal year ended June 30,2010.



PART II



Item 5: MARKET FOR REGISTRATNT COMMON EQUITY AND RELATED
STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES



MARKET INFORMATION



Our common stock is currently quoted on the OTC Bulletin
Board ("OTCBB"). The OTCBB is a network of security dealers who buy and sell stock. The dealers are connected by a computer network
that provides information on current "bids" and "asks", as well as volume information. Our shares are quoted on the OTCBB under
the symbol "GWBU.OB."





For the periods indicated, the following table presents
the range of high and low bid quotations for the common stock as reported by the OTC Bulletin Board during the quarter being reported.
Prices below reflect inter dealer prices, without retail write up, write down or commission and may not represent actual transactions.



Fiscal Year ending June 30, 2010







|               | High  | Low  
|-------------- | ----- | -----
|First Quarter  | $2.28 | $1.00
|Second Quarter | $2.28 | $1.00
|Third Quarter  | $2.28 | $1.00
|Fourth Quarter | $2.28 | $1.20
|









Fiscal Year ending June 30, 2009





|               | High  | Low  
|-------------- | ----- | -----
|First Quarter  | $N/A  | $N/A 
|Second Quarter | $N/A  | $N/A 
|Third Quarter  | $3.62 | $2.00
|Fourth Quarter | $2.00 | $2.00
|







7













PENNY STOCK



The SEC has adopted rules that regulate
broker-dealer practices in connection with transactions in penny stocks. Penny stocks are generally equity securities with a market
price of less than $5.00, other than securities registered on certain national securities exchanges or quoted on the NASDAQ system,
provided that current price and volume information with respect to transactions in such securities is provided by the exchange
or system. The penny stock rules require a broker-dealer, prior to a transaction in a penny stock, to deliver a standardized risk
disclosure document prepared by the SEC, that: (a) contains a description of the nature and level of risk in the market for penny
stocks in both public offerings and secondary trading; (b) contains a description of the broker or dealer duties to the customer
and of the rights and remedies available to the customer with respect to a violation of such duties or other requirements of the
securities laws; (c) contains a brief, clear, narrative description of a dealer market, including bid and ask prices for penny
stocks and the significance of the spread between the bid and ask price; (d) contains a toll-free telephone number for inquiries
on disciplinary actions; (e) defines significant terms in the disclosure document or in the conduct of trading in penny stocks;
and (f) contains such other information and is in such form, including language, type size and format, as the SEC shall require
by rule or regulation.





The broker-dealer also must provide,
prior to effecting any transaction in a penny stock, the customer with (a) bid and offer quotations for the penny stock; (b) the
compensation of the broker dealer and its salesperson in the transaction; (c) the number of shares to which such bid and ask prices
apply, or other comparable information relating to the depth and liquidity of the market for such stock; and (d) a monthly account
statement showing the market value of each penny stock held in the customer's account. In addition, the penny stock rules require
that prior to a transaction in a penny stock not otherwise exempt from those rules, the broker-dealer must make a special written
determination that the penny stock is a suitable investment for the purchaser and receive the purchaser's written acknowledgment
of the receipt of a risk disclosure statement, a written agreement as to transactions involving penny stocks, and a signed and
dated copy of a written suitability statement. These disclosure requirements may have the effect of reducing the trading activity
for our common stock. Therefore, stockholders may have difficulty selling our securities.



HOLDERS OF OUR COMMON STOCK



As of June 30, 2010, we had 4,800,000 shares of our common
stock issued and outstanding, held by approximately 12 shareholders of record.



DIVIDEND



We have not paid any cash dividends on our common stock
and have no present intention of paying any dividends on the shares of our common stock. Our future dividend policy will be determined
from time to time by our board of director.



SECURITIES AUTHORIZED FOR ISSUANCE UNDER EQUITY COMPENSATION
PLANS



We do not have any compensation plan under which equity
securities are authorized for issuance.

8













RECENT SALES OF UNREGISTERED SECURITIES



We did not sell any equity securities which were not registered
under the Securities Act during the year ended June 30, 2010.



SELECTED FINANCIAL STATEMENTS



Item 6: We are a smaller reporting company as defined by
Rule 12b-2 of the Exchange Act and are not required to provide the information under this item.





Item 7: MANAGEMENT DISCUSSION AND ANALYSIS OF FINANCIAL
CONDITION AND RESULTS OF OPERATIONS





The following discussion should be
read in conjunction with our audited financial statements and the related notes for the year ended June 30, 2010 that appear elsewhere
in this annual report. Our actual results could differ materially from those discussed in the forward looking statements. Factors
that could cause or contribute to such differences include, but are not limited to those discussed below and elsewhere in this
10-K. Our audited financial statements are stated in United States Dollars and are prepared in accordance with United States Generally
Accepted Accounting Principles.



PLAN OF OPERATION



We have financed operations to date
through advanced funds from officer and director. In connection with our business plan, management anticipates increase in operating
expenses and capital expenditures related to: (i) acquisition of building lots; (ii) domestic and international travel expenses
(iii) civil engineering and architectural fees. (iv) other expenses related to our expansion plans. We intend to finance those
expenses with issuances of securities or debt instruments. Thereafter, we expect we will need to raise additional capital and
generate revenues to meet our long-term operating requirements.



EXPENDITURES



We expect to spend approximately $750,000 in acquisition
of residential lots during the twelve-month period ending June 30, 2011.



GENERAL AND ADMINISTRATIVE EXPENSES



We expect to spend approximately $250,000 during the next
twelve-months for general and administrative expenses, include but are not limited to civil engineer fees, architect fees, legal
and professional fees, real estate sales commissions, advertising, public relations, domestic and international travel, salaries,
and other general and administrative expenses.



GOING CONCERN



Our independent registered public
accounting firm included an explanatory paragraph in their report on the accompanying financial statements regarding concerns
about our ability to continue as a going concern. Our financial statements contain additional note disclosures describing the
circumstances that lead to this disclosure by our registered independent auditors. The audited financial statements included with
this annual report have been prepared on the going concern basis which assumes that adequate sources of financing will be obtained
as required and that our assets will be realized and liabilities settled in the ordinary course of business. Accordingly, the
audited financial statements do not include any adjustments related to the recoverability of assets and classification of assets
and liabilities that might be necessary should we be unable to continue as a going concern.

9













COMPANY OVERVIEW AND BUSINESS OPERATIONS



Great Wall Builders Ltd., (OTCBB:
GWBU.OB) is a home builder specializes in building affordable homes, solar energy homes, and installation of solar related home
products. Changing in consumer preferences for smaller and affordable homes with solar feature create markets for our new homes.
Advances in solar technologies, the relentless rise of conventional electricity prices, create additional markets for our "green"
homes that save monthly electricity bills and preserve a better environment for our future generations. Our management believes
that affordable homes and solar homes will be the next building trend in the United States and abroad. We already identified affordable
building sites in Houston HOPE neighborhoods. In addition, we intend to offer affordable homes and solar homes in China.



RESULTS OF OPERATION



We expect we will require additional
capital to meet our long term operating requirements. We expect to raise additional capital through, among other things, the sale
of equity or debt securities, Private Placement Offerings, Employee Stock Options Plans, and advanced funds from officer and director.





For the year ended June 30, 2010 compared
to the period from November 3, 2007 (Inception) to June 30, 2010. Our net loss for the year ended June 30 2010 was approximately
$86,596 compared to a net loss of $103,900 during the period from November 3, 2007 (Inception) to June 30, 2009. During the year
ended June 30, 2010, we generated $-0- in revenues. During the year ended June 30, 2010, we incurred general and administrative
expenses of $8,416 compared to $31,022 incurred during the period from November 3rd, 2007 (Inception) to June 30, 20010.



General and administrative expenses
incurred during the year ended June 30, 2010 were generally related to corporate overhead, legal and accounting, stock transfer
agents, Edgar filings, start-up expenses, housing and automobile allowances for officer. Our net loss during the year ended June
30, 2010 was $86,596 compared to a net loss of $103,900 during the period from November 3, 2007 (Inception) to June 30, 2009.



LIQUIDITY AND CAPITAL RESOURCES



For the year ended June 30, 2010, our current assets were
$580 and our total liabilities were $165,076 which resulted in a negative working capital of $164,496. For the year ended June
30, 2010, current assets were comprised of $580 in cash compared to $24,751 in cash at our fiscal year ended June 30, 2009. Due
to the Company discontinue of home improvement services and focus on locating available building lots for residential developments,
available cash has been reduced to less than $1,000 as of the year ended June, 30 2010. The officer and director have pledged
to inject independent funding sources for the remaining 12 months on a as needed basis.





We expect to spend approximately $750,000
in acquisition of residential lots during the twelve-month period ending June 30, 2011. The average price per lot in the targeted
area is approximately $15,000. Based on this projected estimation, we could acquired 50 lots for our proposed building plan. We
expect to raise additional capital through, among other things, the sale of equity or debt securities, Private Placement Offerings,
Employee Stock Options Plans, and advanced funds from our officer and director.





Stockholders deficit increased from $40,400 for fiscal
year ended June 30, 2009 to $126,996 for the year ended June 30, 2010. As at the twelve month period ended June 30, 2010, our
total assets were $38,080 and our total liabilities were $165,076 which resulted in negative working capital of $164,496. The
increase of stockholder's deficit primarily from accrued salaries payable to our officer. The terms of the accrued salary
payable to our officer is due on demand and it will paid once the Company generate revenues.





We have not identified any suitable
residential lots for purchase in the targeted HOPE neighborhoods. We were looking for alternative building opportunities in surrounding
counties in the City of Houston. As of June 30, 2010, due to the changing real estate market conditions and tightening of lending
policies by financial institutions, we may reassessed our plans for capital expenditures and our projected general and administrative
expenses. Any deficiencies in general and administrative expenses will be covered from advanced funds by our director and officer.
The Company has been continuing its effort to seek additional funding from equity /debt financing, merger/acquisition and short
or long-term financing alternatives.



10













OFF-BALANCE SHEET ARRANGEMENTS



We have no off-balance sheet arrangements
that have or are reasonably likely to have a current or future effect on our financial condition, changes in financial condition,
revenues or expenses, results of operations, liquidity, capital expenditures or capital resources that is material to stockholders.



APPLICATION OF CRITICAL ACCOUNTING ESTIMATES



The Company prepares its financial
statements in conformity with Generally Accepted Accounting Principles ("GAAP"), which requires management to make estimates and
assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities
at the date of the financial statements and reported amounts of revenues and expenses during the reporting periods. Significant
estimates made by management include, among others, realization of long-lived assets, estimating fair value associated with equity
transactions and valuation of deferred tax assets. Actual results could differ from those estimates.



REVENUE RECOGNITION



The Company is in the development
stage and has yet to realize revenues from operations. The Company will recognize revenue in accordance with Financial Accounting
Standards Board Accounting Standards Codification ("ASC") 605, "Revenue Recognition". In all cases, revenue is recognized when
the price is fixed and determinable, persuasive evidence of an arrangement exists, the service is performed and collectability
of the resulting receivable is reasonably assured. For the periods from November 3, 2007 (Inception) to June 30, 2009, the Company
generated $61,680 in revenues. We have generated -0- revenue for the fiscal year ended on June 30, 2010.



RECENT ACCOUNTING PRONOUNCEMENTS



In January 2010, FASB issued ASU No.
2010-01 Accounting for Distributions to Shareholders with Components of Stock and Cash. The amendments in this update clarify
that the stock portion of a distribution to shareholders that allows them to elect to receive cash or stock with a potential limitation
on the total amount of cash that all shareholders can elect to receive in the aggregate is considered a share issuance that is
reflected in EPS prospectively and is not a stock dividend for purposes of applying Topics 505 and 260 (Equity and Earnings Per
Share).The amendments in this update are effective for interim and annual periods ending on or after December 15, 2009, and should
be applied on a retrospective basis. The Company does not expect the adoption of this ASU to have a material impact on its financial
statements.



In January 2010, FASB issued ASU No.
2010-06 Improving Disclosures about Fair Value Measurements. This update provides amendments to Subtopic 820-10 that requires
new disclosure as follows: 1)Transfers in and out of Levels 1 and 2.A reporting entity should disclose separately the amounts
of significant transfers in and out of Level 1 and Level 2 fair value measurements and describe the reasons for the transfers.2)Activity
in Level 3 fair value measurements. In the reconciliation for fair value measurements using significant unobservable inputs (Level
3), a reporting entity should present separately information about purchases, sales, issuances, and settlements (that is, on a
gross basis rather than as one net number).



This update provides amendments to
Subtopic 820-10 that clarifies existing disclosures as follows: 1)Level of disaggregation. A reporting entity should provide fair
value measurement disclosures for each class of assets and liabilities. A class is often a subset of assets or liabilities within
a line item in the statement of financial position. A reporting entity needs to use judgment in determining the appropriate classes
of assets and liabilities. 2)Disclosures about inputs and valuation techniques. A reporting entity should provide disclosures
about the valuation techniques and inputs used to measure fair value for both recurring and nonrecurring fair value measurements.
Those disclosures are required for fair value measurements that fall in either Level 2 or Level 3. The new disclosures and clarifications
of existing disclosures are effective for interim and annual reporting periods beginning after December 15, 2009, except for the
disclosures about purchases, sales, issuances, and settlements in the roll forward of activity in Level 3 fair value measurements.
Those disclosures are effective for fiscal years beginning after December 15, 2010, and for interim periods within those fiscal
years. The Company does not expect the adoption of this ASU to have a material impact on its financial statements.

11











Item
                                                         7A:QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK



As a small reporting company as defined by Rule 12b-2 of
the Exchange Act and are not required to provide the information under this item.



Item 8:FINANCIAL
STATEMENTS AND SUPPLEMENTAL DATA



INDEX TO FINANCIAL STATEMENTS

|                                                                                   | Page
|---------------------------------------------------------------------------------- | ----
|Report of Independent Registered Public Accounting
    Firm                        | F1  
|Balance Sheet at June 30, 2010 and 2009.                                           | F2  
|Statements of Operations for the Years Ended
    June 30, 2010 and 2009            | F3  
|Statements of Shareholders' Deficit for the Years
    Ended June 30, 2010 and 2009 | F4  
|Statements of Cash Flows for the Years Ended
    June 30, 2010 and 2009            | F5  
|Notes to Financial Statements.                                                     | F6  



12













Report of Independent Registered
Public Accounting Firm



The Board of Directors



Great Wall Builders Ltd :



We have audited the accompanying balance
sheets of Great Wall Builders Ltd., ( the "Company") as of June 30, 2010 and 2009, stockholder deficit and for the related
statements of operations, cash flows for the year then ended. These financial statements are the responsibility of the Company's
management. Our responsibility is to express an opinion on these financial statements based on our audits.





We conducted our audits in accordance
with standards of the Public Company's Accounting Oversight Board (United States). Those standards require that we plan and perform
the audits to obtain reasonable assurance about whether the financial statements are free of material misstatement. The Company
was 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 Company's internal control over
financial reporting. Accordingly, we express no such opinion. An audit includes examining, on a test basis, evidence supporting
the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant
estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audits provide
a reasonable basis for our opinion.



In our opinion, the financial statements referred to above
present fairly, in all material respects, the financial position of the Company as of June 30, 2010, and 2009 and the results
of its operations and its cash flows for each of the years in the period ended June 30, 2010 and 2009 and for the period November
3, 2007 (Inception) through June 30, 2010, in conformity with accounting principles generally accepted in the United States of
America.



The accompanying financial statements
have been prepared assuming that the Company will continue as a going concern. The Company has recurring losses from operations
and had stockholder deficit of approximately $126,996 at June 30, 2010. As discussed in Note 1 to the financial statements, a
significant amount of additional capital will be necessary to advance operations to the point at which the Company is profitable.
These conditions, among others, raise substantial doubt about the Company ability to continue as a going concern. Management plans
regarding these matters are also described in Note 1. The accompanying financial statements do not include any adjustments that
might result from the outcome of this uncertainty.





In our opinion, the financial statements
referred to above present fairly, in all material respects, the financial position of the Company as of June 30, 2010 and 2009
and the results of its operations and its cash flows for the years then ended and for the period November 3, 2007 (Inception)
through June 30, 2010 then ended, in conformity with accounting principles generally accepted in the United States of America.





/s/ Anton & Chia, LLP



Newport Beach, California



September 24, 2010



F1

















GREAT WALL BUILDERS LTD.,

(Development Stage Company)

BALANCE SHEET



|                                                 |                                                                                                       |  | June 30        |           |  | June 30        |          |         
|------------------------------------------------ | ----------------------------------------------------------------------------------------------------- |  | -------------- | --------- |  | -------------- | -------- | --------
|                                                 |                                                                                                       |  | 2010           |           |  | 2009           |          |         
|                                                 |                                                                                                       |  | (
    audited) |           |  | (
    audited) |          |         
|                                                 |                                                                                                       |  |                |           |  |                |          |         
|                                                 | ASSETS                                                                                                |  |                |           |  |                |          |         
|                                                 | CURRENT ASSETS                                                                                        |  |                |           |  |                |          |         
|                                                 | Cash                                                                                                  |  | $              | 580       |  |                | $        | 24,751  
|                                                 |                                                                                                       |  |                |           |  |                |          |         
|                                                 | Total Current Assets                                                                                  |  |                | 580       |  |                |          | 24,751  
|                                                 |                                                                                                       |  |                |           |  |                |          |         
|                                                 |                                                                                                       |  |                |           |  |                |          |         
|                                                 | Property                                                                                              |  |                | 37,500    |  |                |          | 37,500  
|                                                 |                                                                                                       |  |                |           |  |                |          |         
|                                                 | TOTAL ASSETS                                                                                          |  | $              | 38,080    |  |                | $        | 62,251  
|                                                 |                                                                                                       |  |                |           |  |                |          |         
|                                                 |                                                                                                       |  |                |           |  |                |          |         
|                                                 | LIABILITIES AND STOCKHOLDER
    DEFICIT                                                               |  |                |           |  |                |          |         
|                                                 |                                                                                                       |  |                |           |  |                |          |         
|                                                 | Account payable and accrued liabilities                                                               |  | $              | 165,076   |  |                | $        | 102,651 
|                                                 |                                                                                                       |  |                |           |  |                |          |         
|                                                 | TOTAL LIABILITIES                                                                                     |  | $              | 165,076   |  |                | $        | 102,651 
|                                                 |                                                                                                       |  |                |           |  |                |          |         
|                                                 |                                                                                                       |  |                |           |  |                |          |         
|                                                 |                                                                                                       |  |                |           |  |                |          |         
|                                                 | STOCKHOLDER  DEFICIT                                                                                  |  |                |           |  |                |          |         
|                                                 | Preferred Stock, $0.0001 par value, 98,989,886
    authorized, no shares issued and outstanding       |  |                |           |  |                |          |         
|                                                 | Common Stock, $0.0001 par
    value, 918,816,988 authorized, 4,800,000 shares issued and outstanding. |  |                | 482       |  |                |          | 482     
|                                                 | Additional Paid-in Capital                                                                            |  |                | 63,018    |  |                |          | 63,018  
|Deficit accumulated
    during development stage |                                                                                                       |  | (190,496)      |           |  |                | (103,900 | )       
|                                                 | Total Stockholder Deficit                                                                             |  |                | (126,996) |  |                |          | (40,400)
|                                                 |                                                                                                       |  |                |           |  |                |          |         
|                                                 | TOTAL LIABILITIES AND STOCKHOLDER’S  DEFICIT                                                          |  | $              | 38,080    |  |                | $        | 62,251  





The accompanying notes are an integral part of the financial
statements











F2













GREAT WALL BUILDERS LTD.,

(Development Stage Company)

STATEMENTS OF OPERATIONS





|                                                                             |   |      |           |  |      |   |           | From            | 
|---------------------------------------------------------------------------- | - | ---- | --------- |  | ---- | - | --------- | --------------- | 
|                                                                             |   |      |           |  |      |   |           | November , 2007 | 
|                                                                             |   |      |           |  |      |   |           | (Inception) to  | 
|                                                                             |   |      |           |  |      |   |           | June 30,        | 
|                                                                             |   | 2010 |           |  | 2009 |   |           | 2010            | 
|                                                                             |   |      |           |  |      |   |           |                 | 
|Revenues                                                                     | $ |      | -         |  |      | $ | 61,860    |                 | 
|                                                                             |   |      |           |  |      |   |           |                 | 
|                                                                             |   |      |           |  |      |   |           |                 | 
|Operating Expenses                                                           |   |      |           |  |      |   |           |                 | 
|General and administrative                                                   |   |      | 8,416     |  |      |   | 31,022    |                 | 
|Executive compensation                                                       |   |      | 78,180    |  |      |   | 78,180    |                 | 
|Total operating expenses                                                     |   |      | 86,596    |  |      |   | 109,202   |                 | 
|Loss from operations                                                         |   |      | (86,596)  |  |      |   | (47,342)  |                 | 
|Provision for Income Tax                                                     |   |      | -         |  |      |   | -         |                 | 
|Net Loss                                                                     |   |      | (86,596)  |  |      |   | $(47,342) |                 | 
|                                                                             |   |      |           |  |      |   |           |                 | 
|Basic and diluted net loss per share                                         |   | $    | 0.02      |  |      | $ | 0.01      |                 | 
|                                                                             |   |      |           |  |      |   |           |                 | 
|Weighted average number of common shares outstanding - basic and
    diluted |   |      | 4,800,000 |  |      |   | 4,800,000 |                 | 







The accompanying notes are an integral
part of the financial statements







F3















GREAT WALL BUILDERS LTD.,

(Development stage company)

Statements of Stockholders Deficit





|                                             |  | Common
        Shares |           |  | Par
        Value |  |      | Additional
        paid in
        Capital |  |  | Deficit
        accumulated
        during
        development
        Stage |  |  | Total
        Stockholder
        Deficit |           
|-------------------------------------------- |  | --------------------- | --------- |  | ----------------- |  | ---- | ------------------------------------------ |  |  | ---------------------------------------------------------------------------- |  |  | ----------------------------------------- | ----------
|                                             |  |                       |           |  |                   |  |      |                                            |  |  |                                                                              |  |  |                                           |           
|Common stock issued for cash                 |  |                       |           |  |                   |  |      |                                            |  |  |                                                                              |  |  |                                           |           
|                                             |  |                       | 1,964,500 |  |                   |  | 196  |                                            |  |  | 18,804                                                                       |  |  |                                           |           
|                                             |  |                       |           |  |                   |  |      |                                            |  |  |                                                                              |  |  |                                           |           
|Common stock issued in exchange for property |  |                       |           |  |                   |  |      |                                            |  |  |                                                                              |  |  |                                           |           
|                                             |  |                       | 2,832,000 |  |                   |  | 283  |                                            |  |  | 37,217                                                                       |  |  |                                           |           
|                                             |  |                       |           |  |                   |  |      |                                            |  |  |                                                                              |  |  |                                           |           
|Common stock issued for cash                 |  |                       |           |  |                   |  |      |                                            |  |  |                                                                              |  |  |                                           |           
|                                             |  |                       | 3,500     |  |                   |  | 3    |                                            |  |  | 6,997                                                                        |  |  |                                           |           
|                                             |  |                       |           |  |                   |  |      |                                            |  |  |                                                                              |  |  |                                           |           
|Net loss                                     |  |                       |           |  |                   |  |      |                                            |  |  |                                                                              |  |  |                                           | (103,900  
|                                             |  |                       |           |  |                   |  |      |                                            |  |  |                                                                              |  |  |                                           |           
|Balances at June 30, 2009                    |  |                       | 4,800,000 |  |                   |  | 482  |                                            |  |  | 63,018                                                                       |  |  |                                           | (103,900  
|                                             |  |                       |           |  |                   |  |      |                                            |  |  |                                                                              |  |  |                                           |           
|Net Loss                                     |  |                       |           |  |                   |  |      |                                            |  |  |                                                                              |  |  |                                           | (86,596)  
|Balances at June 30,2010                     |  |                       | 4,800,000 |  |                   |  | $482 |                                            |  |  | $63,018                                                                      |  |  |                                           | $(190,496)
|                                             |  |                       |           |  |                   |  |      |                                            |  |  |                                                                              |  |  |                                           |           
|                                             |  |                       |           |  |                   |  |      |                                            |  |  |                                                                              |  |  |                                           |           
|                                             |  |                       |           |  |                   |  |      |                                            |  |  |                                                                              |  |  |                                           |           
|                                             |  |                       |           |  |                   |  |      |                                            |  |  |                                                                              |  |  |                                           |           
|                                             |  |                       |           |  |                   |  |      |                                            |  |  |                                                                              |  |  |                                           |           

The accompanying notes are an integral
part of the financial statements











F4





GREAT WALL BUILDERS LTD.,

(Development Stage Company)

STATEMENTS OF CASH FLOWS





|                                                            |  |      |          |  | For the Period        |  
|----------------------------------------------------------- |  | ---- | -------- |  | --------------------- | -
|                                                            |  |      |          |  | from November 3, 2007 |  
|                                                            |  |      |          |  | (Inception) to        |  
|                                                            |  |      |          |  | June 30               |  
|                                                            |  | 2010 |          |  | 2009                  |  
|                                                            |  |      |          |  |                       |  
|OPERATING ACTIVITIES:                                       |  |      |          |  |                       |  
|Net loss                                                    |  | $    | (86,596) |  |                       | $
|                                                            |  |      | -        |  |                       |  
|Changes in operating assets and Liabilities:                |  |      |          |  |                       |  
|Account payable and accrued liabilities                     |  |      | 62,425   |  |                       |  
|Net cash used by operating activities                       |  | $    | (24,171) |  |                       | $
|                                                            |  |      |          |  |                       |  
|                                                            |  |      | -        |  |                       |  
|                                                            |  |      |          |  |                       |  
|FINANCING ACTIVITIES:                                       |  |      |          |  |                       |  
|Stock subscriptions
        Net (Decrease) Increase in Cash |  |      | (24,171) |  |                       |  
|                                                            |  |      |          |  |                       |  
|CASH, BEGINNING OF PERIOD                                   |  | $    | 24,751   |  |                       | $
|CASH, END OF PERIOD                                         |  | $    | 580      |  |                       | $
|                                                            |  |      |          |  |                       |  
|SUPPLEMENTAL CASH FLOW INFORMATION:                         |  |      |          |  |                       |  
|Stock issued for properties                                 |  |      |          |  |                       |  
|                                                            |  |      |          |  |                       |  





The accompanying notes are an integral
part of the financial statements



GREAT WALL BUILDERS LTD.



(A development Stage Company)



Notes to Financial Statements



Note 1 - Summary of Significant Accounting Policies



Description of Business



Great Wall Builders Ltd., incorporated in Texas on November
3, 2007, we intend to provide affordable homes with solar integrated system in Texas. Growth and expansion opportunities have
also been identified in other regions of the United States as well as in China. We have designed affordable homes and offer innovative
solar integrated systems such as solar roof tiles, solar hot water heaters and solar photovoltaic systems. We intend to promote
our affordable homes with solar integrated features in the U.S. and China.



The Company is a Development Stage
Company, as defined by Statement of Financial Accounting Standard ("SFAS") No.7 "Accounting and Reporting by Development Stage
Enterprises". In a development stage company, management devotes most of its activities to developing a market for its products
and services. The Company expects to fund itself in the next twelve months by the sale of common shares, loans from officer and
director and private equity funding. The ability of the Company to emerge from the development stage with respect to any planned
principal business activity is dependent upon its successful efforts to raise additional equity financing and/or generate significant
revenue and profitable operations. There is no guarantee that the Company will be able to raise any equity financing or generate
significant revenue or profitable operations.



GOING CONCERN



The accompanying financial statements
have been prepared assuming the Company will continue as a going concern, which contemplates, among other things, the realization
of assets and satisfaction of liabilities in the ordinary course of business. The Company has incurred continuing and recurring
losses from operations and a deficit accumulated during the development stage of approximately $190,496 as of June 30, 2010, which
among other matters, raises substantial doubt about its ability to continue as a going concern. A significant amount of additional
capital will be necessary to advance the development of the Company products to the point at which they may become commercially
viable. The Company intends to fund operations through debt and/or equity financing arrangements, short-term loans from officer
and director.



The Company is currently addressing
its liquidity issue by continually seeking investment capital through private placements of common stock and debt. The Company
believes that its cash on hand and funds expected to be received from short term loans from officer and director, private investments
will be sufficient to meet its liquidity needs for the next twelve months. However, no assurance can be given that the Company
will receive any funds in addition to the funds it has received to date.



USE OF ESTIMATES



The Company prepares its financial statements in conformity
with Generally Accepted Accounting Principles ("GAAP"), which requires management to make estimates and assumptions that affect
the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial
statements and reported amounts of revenues and expenses during the reporting periods. Actual results could differ from those
estimates.

13













FAIR VALUE OF FINANCIAL INSTRUMENTS



The carrying amount of the Company
cash, accounts payable and accrued liabilities approximates their estimated fair values due to the short-term maturities of those
financial instruments. Management has concluded that it is not practical to determine the estimated fair value of amounts due
to related parties because the transactions cannot be assumed to have been consummated at arm length, the terms are not deemed
to be market terms, there are no quoted values available for these instruments, and an independent valuation would not be practicable
due to the lack of data regarding similar instruments, if any, and the associated potential costs.



CASH AND CASH EQUIVALENTS



The Company considers all highly liquid debt instruments
with original maturities of three months or less to be cash equivalents. The Company maintains cash and cash equivalent accounts
with financial institution insured by FDIC. As of June 30, 2010 and 2009, the Company did not have any cash equivalents outstanding.



REVENUE RECOGNITION



The Company is in the development
stage and has yet to realize revenues from operations. The Company will recognize revenue in accordance with Financial Accounting
Standards Board Accounting Standards Codification ("ASC") 605, "Revenue Recognition". In all cases, revenue is recognized when
the price is fixed and determinable, persuasive evidence of an arrangement exists, the service is performed and collectability
of the resulting receivable is reasonably assured.



LOSS PER SHARE



Basic net loss per common share is
computed by dividing net loss available to common stockholders by the weighted average number of common shares outstanding during
each year. Diluted net loss per common share reflects the maximum dilution, based on the average price of our common stock each
period and is computed similar to basic loss per share except that the denominator is increased to include the number of additional
shares that would have been outstanding if potentially dilutive stock options and warrants had been exercised. There were no potentially
dilutive common shares outstanding as of June 30, 2010 and 2009.



INCOME TAXES



Under ASC 740, "Income Taxes", deferred
tax assets and liabilities are recognized for the future tax consequences attributable to temporary differences between the financial
statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities
are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are
expected to be recovered or settled. Valuation allowances are established when it is more likely than not that some or all of
the deferred tax assets will not be realized.



Note 2: RECENT ACCOUNTING PRONOUNCEMENTS



In January 2010, FASB issued ASU No.
2010-01 Accounting for Distributions to Shareholders with Components of Stock and Cash. The amendments in this update clarify
that the stock portion of a distribution to shareholders that allows them to elect to receive cash or stock with a potential limitation
on the total amount of cash that all shareholders can elect to receive in the aggregate is considered a share issuance that is
reflected in EPS prospectively and is not a stock dividend for purposes of applying Topics 505 and 260 (Equity and Earnings Per
Share).The amendments in this update are effective for interim and annual periods ending on or after December 15, 2009, and should
be applied on a retrospective basis. The Company does not expect the adoption of this ASU to have a material impact on its financial
statements.



14













In January 2010, FASB issued ASU No.
2010-06 Improving Disclosures about Fair Value Measurements. This update provides amendments to Subtopic 820-10 that requires
new disclosure as follows: 1)Transfers in and out of Levels 1 and 2.A reporting entity should disclose separately the amounts
of significant transfers in and out of Level 1 and Level 2 fair value measurements and describe the reasons for the transfers.2)Activity
in Level 3 fair value measurements. In the reconciliation for fair value measurements using significant unobservable inputs (Level
3), a reporting entity should present separately information about purchases, sales, issuances, and settlements (that is, on a
gross basis rather than as one net number). This update provides amendments to Subtopic 820-10 that clarifies existing disclosures
as follows: 1)Level of disaggregation. A reporting entity should provide fair
value measurement disclosures for each class of assets and liabilities. A class is often a subset of assets or liabilities within
a line item in the statement of financial position. A reporting entity needs to use judgment in determining the appropriate classes
of assets and liabilities. 2)Disclosures about inputs and valuation techniques.
A reporting entity should provide disclosures about the valuation techniques and inputs used to measure fair value for both recurring
and nonrecurring fair value measurements. Those disclosures are required for fair value measurements that fall in either Level
2 or Level 3. The new disclosures and clarifications of existing disclosures are effective for interim and annual reporting periods
beginning after December 15, 2009, except for the disclosures about purchases, sales, issuances, and settlements in the roll forward
of activity in Level 3 fair value measurements. Those disclosures are effective for fiscal years beginning after December 15,
2010, and for interim periods within those fiscal years. The Company does not expect the adoption of this ASU to have a material
impact on its financial statements.



Note 3: PROPERTY



The properties consist of residential lots that were transferred
at cost ( $37,500) and were exchanged for common shares in Great Wall Builders, Ltd.



Note 4: RELATED PARTY TRANSACTIONS



As of June 30, 2010, there is an accrued salary payable
to our Officer, Tian Jia, in the amount of $165,076.



Note 5: SUBSEQUENT EVENTS



As of September 20, 2010, our officer and director have
advanced $2,000 to pay for the Company's annual audit fees.



Item 9: CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS AND
ACCOUNTING AND ON FINANCIAL DISCLOSURE



None.



Item 9A: CONTROLS AND PROCEDURES



In connection with the preparation
of this annual report, an evaluation was carried out by the Company management, with the participation of the chief executive
officer and the chief financial officer, of the effectiveness of the Company disclosure controls and procedures (as defined in
Rules 13a-15(e) and 15d-15(e) under the Securities Exchange Act of 1934 ("Exchange Act") as of June 30, 2010. Disclosure controls
and procedures are designed to ensure that information required to be disclosed in reports filed or submitted under the Exchange
Act is recorded, processed, summarized, and reported within the time periods specified in the Commission rules and forms, and
that such information is accumulated and communicated to management, including the chief executive officer and the chief financial
officer, to allow timely decisions regarding required disclosures.



Based on that evaluation, the Company
management concluded, as of the end of the period covered by this report, that the Company disclosure controls and procedures
were effective in recording, processing, summarizing, and reporting information required to be disclosed, within the time periods
specified in the Commission rules and forms, and such information was accumulated and communicated to management, including the
chief executive officer and the chief financial officer, to allow timely decisions regarding required disclosures.



MANAGEMENT'S REPORT ON INTERNAL CONTROL
OVER FINANCIAL REPORTING



The Company management is responsible
for establishing and maintaining adequate internal control over financial reporting. The Company internal control over financial
reporting is a process, under the supervision of the chief executive officer and the chief financial officer, designed to provide
reasonable assurance regarding the reliability of financial reporting and the preparation of the Company's financial statements
for external purposes in accordance with United States generally accepted accounting principles (GAAP).Internal control
over financial reporting includes those policies and procedures that: Pertaining to the maintenance of records that in reasonable
detail accurately and fairly reflect the transactions and dispositions of the Company's assets; Provide reasonable assurance that
transactions are recorded as necessary to permit preparation of the financial statements in accordance with generally accepted
accounting principles, and that receipts and expenditures are being made only in accordance with authorizations of management
and the board of directors; and Provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition,
use, or disposition of the Company assets that could have a material effect on the financial statements. Due to its inherent limitations,
internal control over financial reporting may not prevent or detect misstatements. Also, 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 or procedures may deteriorate.



The Company management conducted an
assessment of the effectiveness of our internal control over financial reporting as of June 30, 2010, based on criteria established
in Internal Control Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission, which
assessment identified material weaknesses in internal control over financial reporting.?A material weakness is a control deficiency,
or a combination of deficiencies in internal control over financial reporting that creates a reasonable possibility that a material
misstatement in annual or interim financial statements will not be prevented or detected on a timely basis. Since the assessment
of the effectiveness of our internal control over financial reporting did not identify a material weakness, management considers
its internal control over financial reporting to be effective.



This annual report does not include
an attestation report of the Company registered public accounting firm regarding internal control over financial reporting. Management
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 report in this annual report.



CHANGES IN INTERNAL CONTROLS OVER FINANCIAL REPORTING



During the period ended June 30, 2010, there has been no
change in internal control over financial reporting that has materially affected, or is reasonably likely to materially affect
our internal control over financial reporting.



Item 9B: OTHER INFORMATION



None.

15













Part III



|Item 10: | DIRECTORS, EXECUTIVE OFFICERS AND
    CORPORATE GOVERNANCE
|-------- | ----------------------------------------------------------



All of the directors of our company hold office until the
next annual meeting of the stockholders or until their successors have been elected and qualified. Our officers are appointed
by our board of directors and hold office until their death, resignation or removal from office. Our directors, executive officers,
their ages, positions held, are as follows:



Our officers and directors and their ages and positions
are as follows:



Name            Age             
    Position

Tian Jia            
39                
CEO, CFO

Tian Su Hua           68              
   Secretary and Director



BUSINESS EXPERIENCE



The following is a brief account of the education and business
experience of our director and executive officer during at least the past five years, indicating each person's business experience,
principal occupation during the period, and the name and principal business of the organization by which he/she was employed.



Tian Jia, aged 39, Manchurian ethnic
majority, born in Shanxi Province, China. From 1982 to 1988, her family ran a cement factory that employed more than 2,000 workers
in Shanxi Province, China. During this period, she began to observe the operation in her family's cement factory and developed
an interest in the construction industry. From 1990 to 1994, she studied fluid Mechanics and business administration at Harbin
University. From 1995 to 2000, she worked as a project manager at Harbin Construction Company specializing in solar system home
construction. From 2004 to 2007, she worked as a real estate investment consultant and property manager at Sing Xia Yuan Group.
From 2007 to Present, she is Chief Executive Officer and Chief Financial Officer of Great Wall Builders Ltd., a publicly
traded company in the United States. She devotes considerable time and resources for global charitable work and donations.



Tian Su Hua, aged 68, was born in
Northeast China. She graduated with a Three Year Diploma of Accountancy in China. From 1964 to 1985, she hold several accounting
jobs in China private sectors. From 1985 to 1995 she engaged in the building construction business as a project supervisor in
Shanxi Province, China. From 1996 to 2007, she holds a position as a Construction Project Manager at Ming Jia Xin Company. From
2007 to Present, she is the Secretary and director of Great Wall Builders Ltd., a publicly traded company in the United States.



INVOLVEMENT IN CERTAIN LEGAL PROCEEDINGS



None of our directors, executive officers or control persons
has been involved in any of the events prescribed by Item 401(f) of Regulation S-K during the past five years, including:





1. any bankruptcy petition filed by or against any
business of which such person was a general partner executive officer either at the time of the bankruptcy or within two
years prior to that time;



2. any conviction in a criminal proceeding or being
subject to a pending criminal proceeding ( excluding traffic violations and other minor offenses);



3. being subject to any order, judgment, or decree,
not subsequently reversed, suspended or vacated, of any court of competent jurisdiction, permanently, barring, suspending or otherwise
limiting his involvement in any type of business, securities or banking activities or



4. being found by a court of competent jurisdiction
( in a civil action), the Securities and Exchange Commission or the Commodity futures Trading commission to have violated a federal
or state securities or commodities law, and the judgment has not been reversed, suspended, or vacated.



16













CORPORATE GOVERNANCE



Our board of director intends to establish an audit committee,
a compensation committee, a nominating and corporate governance committee. Our board may establish other committees from time
to time to facilitate the management of our company; however, we have not yet established any such committees.



CODE OF ETHICS



We have adopted a Code of Ethics within the meaning of
Item 406(b) of Regulation S-K of the Securities Exchange Act of 1934. The Code of Ethics applies to directors and senior
officers, such as the principal executive officer, principal financial officer, controller, and persons performing similar functions.
The Code of Ethics is attached to this report as an exhibit.



COMPLIANCE WITH SECTION 16(A) OF THE ACT



Section 16(a) of the Securities Exchange
Act requires our directors, executive officers and persons who own more than 10% of our common stock to file reports of ownership
and changes in ownership of our common stock with the Securities and Exchange Commission. Directors, executive officers and persons
who own more than 10% of our common stock are required by Securities and Exchange Commission regulations to furnish to us copies
of all Section 16(a) forms they file. Based solely on our review of such forms furnished to us and written representations from
certain reporting persons, we believe that all filing requirements applicable to our executive officers, directors and greater
than 10% beneficial owners are currently compliant.



Item 11: EXECUTIVE COMPENSATION



There were no option grants or exercises by any of the
executive officers named in the Summary Compensation Table below.



EQUITY INCENTIVE PLAN



We did not have an Equity Incentive Plan in place as of
June 30, 2010.



17













SUMMARY COMPENSATION TABLE



The table below summarizes all compensation awarded to,
earned by, or paid to each named executive officer for our last 24 months for all services rendered to us.







|Name &
        Position  | Year | Salary
        ($) | Bonus
        ($) | Stock Awards
        ($) | Option Awards
        ($) | Non-Equity Incentive Plan Compensation
        ($) | Non-qualified Deferred
        Compensation Earnings
        ($) | Other Compensation
        ($) | Total
        ($)
|------------------------ | ---- | ------------------ | ----------------- | ------------------------ | ------------------------- | -------------------------------------------------- | ---------------------------------------------------------------- | ------------------------------ | -----------------
|Tian Jia
        CEO/CFO | 2009 | 56,062             | -0-               | -0-                      | -0-                       | -0-                                                | -0-                                                              | $22,118                        | $78,180          
|                         | 2010 | 78,180             | -0-               | -0-                      | -0-                       | -0-                                                | -0-                                                              | -0-                            | $78,180          























COMPENSATION OF DIRECTORS TABLE



The table below summarizes all compensation paid to our
directors as of June 30, 2010.





|Name                         | Fees Earned or Paid in Cash
        ($) | Stock Awards
        ($) | Option Awards
        ($) | Non-Equity Incentive Plan
        Compensation ($) | Non-qualified Deferred
        Compensation Earnings ($) | All other Compensation
        ($) | Total
        ($)
|---------------------------- | --------------------------------------- | ------------------------ | ------------------------- | -------------------------------------------------- | -------------------------------------------------------- | ---------------------------------- | -----------------
|Tian Su Hua
        Director | -0-                                     | -0-                      | -0-                       | -0-                                                | -0-                                                      | -0-                                | -0-              









| | 
| | 
| | 
| | 







Item 12. OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER
MATTERS



The following is a table detailing the current shareholders
of Great Wall Builders Ltd., owning 5% or more of the common stock, and shares owned by our directors and officers as if June
30, 2010.



|Title
    of Class   | Beneficial
    Owner (1)                                                       | Beneficial
    Ownership | Percentage
    of Ownership
|-------------------- | ------------------------------------------------------------------------------ | ------------------------ | ---------------------------
|Common
    Stock     | Tian Jia
        13007 Greenway Chase Ct,
        Houston, Texas 77072         | 476,000                  | 9.9%                       
|Common
        Stock | Tian Su Hua
        12520 A1 Westheimer #138
        Houston, Texas 77077      | 912,000                  | 19%                        
|Common
        Stock | Apple solar (3)
        13007 Greenway Chase Ct.,
        Houston, Texas 77072 | 720,000                  | 15%                        
|Common
        Stock | Valor Solar (3)
        13007 Greenway Chase Ct.,
        Houston, Texas 77072 | 720,000                  | 15%                        





| | 
| | 
| | 
| | 

























(1)All
director and executive officer as a group (two persons)



(2) Based on the total of 4,800,000 outstanding
common shares as of June 30, 2010.



(3) Tian Jia has sole voting and dispositive power
of Apple Solar Co., & Valor Solar Co.,



ITEM 13. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS,
AND DIRECTOR INDEPENDENCE



Other than the transactions discussed
below, we have not entered into any transaction nor are there any proposed transactions in which any of our directors, executive
officers, stockholders or any member of the immediate family of any of the foregoing had or is to have a direct or indirect material
interest.



(a) As of June 30, 2010, there is
an accrued salary payable to our Officer, Tian Jia, in the amount of $165,076.



DIRECTOR INDEPENDENCE



We are not subject to listing requirements of any national
securities exchange(s) and, as a result, we are not at this time required to have our board comprised of a majority of independent
directors.



ITEM 14. PRINCIPAL ACCOUNTANT FEES AND SERVICES



Below is the table of Audit Fees (amounts in US$) billed
by our auditor(s) in connection with the audit of the Company annual financial statements for the years ended:

|June 30, 2010 | Audit Services | Audit
        Related Fees | Tax Fees | Other Fees
|------------- | -------------- | -------------------------- | -------- | ----------
|              | $2,000         | $1,950                     | $0       | $0        
|              |                |                            |          |           



PRE-APPROVAL POLICIES AND PROCEDURES



We have implemented pre-approval policies
and procedures related to the provision of audit and non-audit services. Under these procedures, our board of directors pre-approves
all services to be provided by independent auditors and tax consultants, and the estimated fees related to these services.





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PART IV



|Item 15: | EXHIBITS, FINANCIAL STATEMENT SCHEDULES
|-------- | ---------------------------------------



Exhibits required by Item 601 of Regulation S-K



|Exhibit |                                                                                                                            
|------- | ---------------------------------------------------------------------------------------------------------------------------
|Number  | Description                                                                                                                
|        |                                                                                                                            
|3.1     | Articles of Incorporation ( Incorporated by reference
    from our Registration Statement on Form S-1 filed on 08/26/2008).
|3.2     | Bylaws ( Incorporated by reference from our Registration
        Statement on Form S-1 filed on August 26,2008             
|14.1    | Code of Ethics ( Incorporated by reference from
        our Form 10K filed on September 24, 2010)                          
|31.1    | Section 302 Certification, Tian Jia ( filed herewith)                                                                      
|32.1    | Section 906 Certification, Tian Jia                                                                                        

SIGNATURE:

In accordance with Section 13 or 15(d) of the Exchange
Act, the registrant caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.



Date: March 28, 2011



/s/ Tian Jia



Tian Jia



Title: Chief Executive Officer/ Chief Financial Officer
/ Principal Financial Officer



/s/ Tian Su Hua



TIAN Su Hua



Title: Director



Pursuant to the requirements 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.



Date: March 28, 2011



/s/ Tian Jia



Tian Jia



Title: Chief Executive Officer/ Chief Financial officer
/ principal financial Officer



/s/ Tian Su Hua



TIAN Su Hua/ Director



Title: Director

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