EXHIBIT 99.1        INNOCOM TECHNOLOGY HOLDINGS, INC

Unaudited Pro forma Financial Information            INNOCOM TECHNOLOGY HOLDINGS, INC NOTES TO UNAUDITED PRO FORMA CONDENSED FINANCIAL INFORMATION (Currency expressed in United States Dollars (US$))  On April 28, 2008, the Company entered into a Share Purchase Agreement with Xie Guo Qiang (Qiang) to sell the Companys interest in Chinarise Capital (International) Ltd. (CCIL) for a consideration of $5,617,101 (equivalent to HK$43,813,385). For the six month ended June 30, 2008, no gain or loss was recognized from the disposal of a subsidiary.  The following unaudited pro forma condensed financial statements give effect to the disposal of CCIL as if such transaction occurred as at such date. The unaudited pro forma financial statements are based on the respective historical financial statements and the notes thereto of INCM and CCIL. The unaudited pro forma condensed balance sheets are derived from the historical balance sheets of INCM and CCIL as of June 30, 2008. The unaudited pro forma condensed statement of operations gives effect to the Disposal as if such transaction occurred at the beginning of the periods presented. The unaudited pro forma condensed statement of operations for the six months ended June 30, 2008 is derived from the unaudited financial statements of INCM and CCIL.  The following unaudited pro forma condensed financial statements have been prepared for illustrative purposes only and do not purport to reflect the results the combined company may achieve in future periods or the historical results that would have been obtained. These unaudited pro forma condensed financial statements, including the notes hereto, should be read in conjunction with the historical consolidated financial statements for the Company.  The pro forma adjustments are based upon available information and certain assumptions we believe are reasonable under the circumstances. These unaudited pro forma condensed financial statements should be read in conjunction with the accompanying notes and assumptions and the historical financial statements of INCM.   2   INNOCOM TECHNOLOGY HOLDINGS, INC UNAUDITED PRO FORMA CONDENSED BALANCE SHEET AS OF JUNE 30, 2008 (Currency expressed in United States Dollars (US$))  INCM
ConsolidatedCCILProforma Adjustment (1)Pro forma
after DisposalASSETSCurrent assets:Cash and cash equivalents$545,431$2,367(2,367)$543,064Inventories106,241--106,241Amounts due from a related party6,811,4157,051,669(6,811,415)-Prepayments and other receivables338,298--338,298Total current assets7,801,3857,054,036987,603Non-current assets:Intangible assets, net5,306,966-5,306,966Land use right, net2,973,184-2,973,184Plant and equipment, net7,090,323-7,090,323TOTAL ASSETS$23,171,858$7,054,036$16,358,076LIABILITIES AND STOCKHOLDERS EQUITYCurrent liabilities:Short term bank loan$1,700,686--$1,700,686Bill payable496,033--496,033Trade payable74,846--74,846Receipt in advance149,139--149,139Amount due to a related party--240,254240,254Income tax payable1,439,5971,439,597(1,439,597)-Other payables and accrued liabilities1,852,569--1,852,569Total current liabilities5,712,8701,439,5974,513,527Stockholders equity:Common stock37,8981-37,898Additional paid in capital6,901,232--6,901,232Accumulated other comprehensive income596,747(38,653)4,440601,187Accumulated deficit9,923,1115,653,091(5,618,879)4,304,232Total stockholders equity17,458,9885,614,439-11,844,549TOTAL LIABILITIES AND STOCKHOLDERS EQUITY$23,171,858$7,054,036$16,358,076  3   INNOCOM TECHNOLOGY HOLDINGS, INC UNAUDITED PRO FORMA CONDENSED STATEMENT OF OPERATIONS FOR THE SIX MONTHS ENDED JUNE 30, 2008 (Currency expressed in United States Dollars (US$))  INCMCCILProforma Adjustment (1)Pro forma
after DisposalRevenue, net$5,870,291$-(5,618,879)$251,412Operating expenses:General and administrative(806,188)--(806,188)Total operating expenses(806,188)--(806,188)Income (loss) from operation5,064,103--(554,776)Interest expenses(102,704)--(102,704)Interest income11,077--11,077Income (loss) before income taxes4,972,476--(646,403)Income tax expense----NET INCOME (LOSS)$4,972,476$--$(646,403)Net income (loss) per share  basic and diluted$0.13-$(0.00)Weighted average number of common stock  basic and diluted37,898,251-37,898,251  4   INNOCOM TECHNOLOGY HOLDINGS, INC UNAUDITED PRO FORMA CONDENSED STATEMENT OF OPERATIONS FROM JANUARY 1, 2007 TO DECEMBER 31, 2007 (Currency expressed in United States Dollars (US$))   INCMCCILProforma Adjustment (1)Pro forma
after DisposalRevenue, net$2,241,726$2,241,726(2,241,726)$-Operating expenses:General and administrative(6,468,971)(146,363)146,363(6,322,608)Total operating expenses(6,468,971)(146,363)(6,322,608)(Loss) income from operation(4,227,245)2,095,363(6,322,608)Other income (expense):Interest income1,2401,148(1,148)92Loss from disposal of plant and equipment(8,088)(8,088)(Loss) income before income taxes(4,234,093)2,096,511(6,330,604)Income tax expense---(Loss) income from continuing operations(4,234,093)2,096,511(6,330,604)Gain from disposal of discontinued operations599,544-599,544NET LOSS$(3,634,549)$2,096,511$(5,731,060)Net loss per share  basic and diluted$(0.10)$(0.15)Weighted average number of common stock  basic and diluted37,898,25137,898,251  5   INNOCOM TECHNOLOGY HOLDINGS, INC NOTES TO UNAUDITED PRO FORMA CONDENSED FINANCIAL INFORMATION (Currency expressed in United States Dollars (US$))  NOTE-1 BASIS OF PRESENTATION  The unaudited pro forma condensed balance sheet assumes that the disposal took place on January 1, 2008 and certain assets and liabilities of CCIL were disposed by the Company. Such financial statement summarises the historical consolidated balance sheet of the Company and CCIL at June 30, 2008.  There were no significant transactions on a combined basis between the disposed entity and the Company during the periods presented.  NOTE-2 PRO FORMA ADJUSTMENTS  These unaudited pro forma combined financial statements reflect the following pro forma adjustments:  Adjustment 1, relating to the Disposal  1. To record the disposal of CCIL, a wholly-owned subsidiary of INCM at its carrying values and transfer to an independent party, Xie Guo Qiang.  On April 28, 2008, the Company disposed of its 100% equity interest in Chinarise Capital (International) Ltd. (CCIL) for a total cash consideration of $5,617,101 (equivalent to HK$43,813,385). The following table summarizes the net assets of CCIL disposed during the six months ended June 30, 2008.  Net assets disposed of:UnauditedCurrent assets7,057,381Current liabilities(1,440,280)Net assets5,617,101Total consideration, satisfied by cash5,617,101Gain or loss from the disposal-    6