----

----

| T | Quarterly      report pursuant to Section 13 or 15(d) of the Securities Exchange Act of      1934 For the quarterly period ended August 31,  2009 |
|---|---------------------------------------------------------------------------------------------------------------------------------------------------|

| o | Transition      report pursuant to Section 13 or 15(d) of the Securities Exchange Act of      1934For the transition period from ______to  ______ |
|---|---------------------------------------------------------------------------------------------------------------------------------------------------|

----

|   | BRITISH      VIRGIN ISLANDS                                                         |   | 11-3462369                             |   |
|--------|-------------------------------------------------------------------------------------|--------|----------------------------------------|--------|
|   | (State      or other jurisdiction of  incorporation or      organization) |   | (IRS      Employer Identification No.) |   |

|   | c/o      DeHeng Chen, LLC, 225 Broadway, Suite 1910, NY, NY |   | 10007                 |   |
|--------|-------------------------------------------------------------|--------|-----------------------|--------|
|   | (Address      of Principal Executive Offices)               |   |  (Zip      Code) |   |

|   | (212)      608-6500                                             |   |
|--------|-----------------------------------------------------------------|--------|
|   | (Registrant’s      telephone number, including area code) |   |

----

----

----

CHI

|                                                |          |   |                                                                                             | Page      Number |
|-----------------------------------------------------|---------------|--------|--------------------------------------------------------------------------------------------------|------------------|
|                                                |          |   |                                                                                             |             |
| PART      I.   FINANCIAL INFORMATION | 1             |
|                                                |          |
|                                                | Item      1.  |   | Financial Statements                                                                             | 1                |
|                                                |          |   |                                                                                             |             |
|                                                |          |   | Interim Balance Sheets                                                                           | 1                |
|                                                |          |   |                                                                                             |             |
|                                                |          |   | Interim Statements of Operations                                                                 | 2                |
|                                                |          |   |                                                                                             |             |
|                                                |          |   | Interim Statements of Cash Flows                                                                 | 3                |
|                                                |          |   |                                                                                             |             |
|                                                |          |   | Notes to Interim Financial Statements                                                            | 4                |
|                                                |          |   |                                                                                             |             |
|                                                | Item      2.  |   | Management’s Discussion and Analysis of Financial Condition      and Results of Operations | 5                |
|                                                |          |   |                                                                                             |             |
|                                                | Item      4T. |   | Controls and Procedures                                                                          | 7                |
|                                                |          |   |                                                                                             |             |
| PART      II.   OTHER INFORMATION    | 7             |
|                                                |          |
|                                                | Item      1.  |   | Legal Proceedings                                                                                | 7                |
|                                                |          |   |                                                                                             |             |
|                                                | Item      2.  |   | Unregistered Sales of Equity Securities and Use of      Proceeds                                 | 7                |
|                                                |          |   |                                                                                             |             |
|                                                | Item      3.  |   | Defaults Upon Senior Securities                                                                  | 7                |
|                                                |          |   |                                                                                             |             |
|                                                | Item      4.  |   | Submission of Matters to a Vote of Security      Holders                                         | 8                |
|                                                |          |   |                                                                                             |             |
|                                                | Item      5.  |   | Other Information                                                                                | 8                |
|                                                |          |   |                                                                                             |             |
|                                                | Item      6.  |   | Exhibits                                                                                         | 8                |
|                                                |          |   |                                                                                             |             |
| SIGNATURES                                          | 9             |

----

Index

MATIO

| Item      1. | Financial      Statements |
|--------------|---------------------------|

CHI

| (Expressed      in U.S. Dollars)                                                                          |   | August      31,2009(Unaudited) |     |   | November      30,2008(Audited) |   |
|-----------------------------------------------------------------------------------------------------------|--------|--------------------------------|----------|--------|--------------------------------|--------|
|                                                                                                      |   |                           |     |   |                           |   |
| ASSETS                                                                                                    |   |                           |     |   |                           |   |
| Current      Assets                                                                                       |   |                           |     |   |                           |   |
| Prepayment                                                                                                |   | $                              | 116      |   |                           | $      | 26 |   |
| Total      current assets                                                                                 |   |                           | 116      |   |                           |   | 26 |   |
|                                                                                                      |   |                           |     |   |                           |   |   |   |
| Total      assets                                                                                         |   | $                              | 116      |   |                           | $      | 26 |   |
|                                                                                                      |   |                           |     |   |                           |   |   |   |
| LIABILITIES AND STOCKHOLDERS’      DEFICIENCY                                                       |   |                           |     |   |                           |   |   |   |
| Current      Liabilities                                                                                  |   |                           |     |   |                           |   |   |   |
| Accounts      payable and accrued expenses                                                                |   | $                              | 10,203   |   |                           | $      | 14,138 |   |
| Loans      from shareholder                                                                               |   |                           | 484,716  |   |                           |   | 446,733 |   |
| Total      current liabilities                                                                            |   |                           | 494,919  |   |                           |   | 460,871 |   |
|                                                                                                      |   |                           |     |   |                           |   |   |   |
| Commitments      and Contingencies                                                                        |   |                           |     |   |                           |   |   |   |
|                                                                                                      |   |                           |     |   |                           |   |   |   |
| Stockholders’      Deficiency                                                                       |   |                           |     |   |                           |   |   |   |
| Preferred      stock: $0.01 par value; 10,000,000 shares authorized; issued and      outstanding: none    |   |                           | -        |   |                           |   | - |   |
| Common      stock: $0.01 par value; 50,000,000 shares authorized; issued and      outstanding: 11,200,000 |   |                           | 112,000  |   |                           |   | 112,000 |   |
| Additional      paid in capital                                                                           |   |                           | 154,465  |   |                           |   | 154,465 |   |
| Deficit      accumulated during the development stage                                                     |   |                           | (761,268 | )      |                           |   | (727,310 | ) |
| Total      stockholders’ deficiency                                                                 |   |                           | (494,803 | )      |                           |   | (460,845 | ) |
|                                                                                                      |   |                           |     |   |                           |   |   |   |
| Total      liabilities and stockholders’ deficiency                                                 |   | $                              | 116      |   |                           | $      | 26 |   |

----

Index

CHI

|                                            |   | Cumulativefrom |     |   | Nine      months endedAugust      31, |   |       | Three      months endedAugust      31, |   |
|-------------------------------------------------|--------|----------------|----------|--------|---------------------------------------|--------|------------|----------------------------------------|--------|
| (Expressed      in U.S. Dollars)                |   | inception      |     |   | 2009                                  |   |       | 2008                                   |   |   | 2009 |   |   | 2008 |   |
|                                            |   |           |     |   |                                  |   |       |                                   |   |   |   |   |   |   |   |
| Revenues                                        |   | $              | -        |   |                                  | $      | -          |                                   |   | $ | - |   |   | $ | - |   |   | $ | - |   |
|                                            |   |           |     |   |                                  |   |       |                                   |   |   |   |   |   |   |   |   |   |   |   |   |
| General      and administrative expenses        |   |           |     |   |                                  |   |       |                                   |   |   |   |   |   |   |   |   |   |   |   |   |
| Salaries      and benefits                      |   |           | 181,888  |   |                                  |   | -          |                                   |   |   | - |   |   |   | - |   |   |   | - |   |
| General      and administrative                 |   |           | 508,512  |   |                                  |   | 33,958     |                                   |   |   | 31,087 |   |   |   | 8,160 |   |   |   | 10,166 |   |
| Consulting      fees – related party      |   |           | 150,000  |   |                                  |   | -          |                                   |   |   | - |   |   |   | - |   |   |   | - |   |
| Total      general and administrative expenses  |   |           | 840,400  |   |                                  |   | 33,958     |                                   |   |   | 31,087 |   |   |   | 8,160 |   |   |   | 10,166 |   |
|                                            |   |           |     |   |                                  |   |       |                                   |   |   |   |   |   |   |   |   |   |   |   |   |
| Operating      loss                             |   |           | (840,400 | )      |                                  |   | (33,958    | )                                      |   |   | (31,087 | ) |   |   | (8,160 | ) |   |   | (10,166 | ) |
|                                            |   |           |     |   |                                  |   |       |                                   |   |   |   |   |   |   |   |   |   |   |   |   |
| Other      income (expense)                     |   |           |     |   |                                  |   |       |                                   |   |   |   |   |   |   |   |   |   |   |   |   |
| Loss      on disposal of property and equipment |   |           | (1,473   | )      |                                  |   | -          |                                   |   |   | - |   |   |   | - |   |   |   | - |   |
| Interest      expense                           |   |           | (53,956  | )      |                                  |   | -          |                                   |   |   | - |   |   |   | - |   |   |   | - |   |
| Interest      income                            |   |           | 134,561  |   |                                  |   | -          |                                   |   |   | - |   |   |   | - |   |   |   | - |   |
| Total      other income (expense)               |   |           | 79,132   |   |                                  |   | -          |                                   |   |   | - |   |   |   | - |   |   |   | - |   |
|                                            |   |           |     |   |                                  |   |       |                                   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net      loss                                   |   | $              | (761,268 | )      |                                  | $      | (33,958    | )                                      |   | $ | (31,087 | ) |   | $ | (8,160 | ) |   | $ | (10,166 | ) |
|                                            |   |           |     |   |                                  |   |       |                                   |   |   |   |   |   |   |   |   |   |   |   |   |
| Basic      and diluted net loss per share       |   |           |     |   |                                  | $      | -          |                                   |   | $ | - |   |   | $ | - |   |   | $ | - |   |
|                                            |   |           |     |   |                                  |   |       |                                   |   |   |   |   |   |   |   |   |   |   |   |   |
| Weighted      average shares outstanding        |   |           |     |   |                                  |   | 11,200,000 |                                   |   |   | 11,200,000 |   |   |   | 11,200,000 |   |   |   | 11,200,000 |   |

----

Index

CHIN

|                                                                                       |   | Cumulativefrom |       |   | Nine      months endedAugust      31, |   |
|--------------------------------------------------------------------------------------------|--------|----------------|------------|--------|---------------------------------------|--------|
| (Expressed      in U.S. Dollars)                                                           |   | inception      |       |   | 2009                                  |   |   | 2008 |   |
|                                                                                       |   |           |       |   |                                  |   |   |   |   |
| Cash flows from operating      activities                                                  |   |           |       |   |                                  |   |   |   |   |
| Net      loss                                                                              |   | $              | (761,268   | )      |                                  | $      | (33,958 | ) |   | $ | (31,087 | ) |
| Adjustments      to reconcile net loss to net cash flows used in operating      activities |   |           |       |   |                                  |   |   |   |   |   |   |   |
| Depreciation      and organization costs                                                   |   |           | 11,492     |   |                                  |   | - |   |   |   | - |   |
| Loss      on disposal of property and equipment                                            |   |           | 1,473      |   |                                  |   | - |   |   |   | - |   |
| Common      stock issued for services                                                      |   |           | 48,400     |   |                                  |   | - |   |   |   | - |   |
| (Increase)      decrease in interest receivable                                            |   |           | (1,483     | )      |                                  |   | - |   |   |   | - |   |
| (Increase)      decrease in prepayment                                                     |   |           | (116       | )      |                                  |   | (90 | ) |   |   | (86 | ) |
| Increase      (decrease) in accounts payable and accrued expenses                          |   |           | 10,203     |   |                                  |   | (3,935 | ) |   |   | (6,017 | ) |
| Net      cash flows used in operating activities                                           |   |           | (691,299   | )      |                                  |   | (37,983 | ) |   |   | (37,190 | ) |
|                                                                                       |   |           |       |   |                                  |   |   |   |   |   |   |   |
| Cash flows from investing      activities                                                  |   |           |       |   |                                  |   |   |   |   |   |   |   |
| Cash      paid for note receivable                                                         |   |           | (1,117,602 | )      |                                  |   | - |   |   |   | - |   |
| Cash      received from note receivable                                                    |   |           | 1,117,602  |   |                                  |   | - |   |   |   | - |   |
| Cash      paid for equipment                                                               |   |           | (11,465    | )      |                                  |   | - |   |   |   | - |   |
| Net      cash flows used in investing activities                                           |   |           | (11,465    | )      |                                  |   | - |   |   |   | - |   |
|                                                                                       |   |           |       |   |                                  |   |   |   |   |   |   |   |
| Cash flows from financing      activities                                                  |   |           |       |   |                                  |   |   |   |   |   |   |   |
| Loans      from shareholder                                                                |   |           | 499,113    |   |                                  |   | 37,983 |   |   |   | 37,190 |   |
| Proceeds      from issuance of stock                                                       |   |           | 1,531,250  |   |                                  |   | - |   |   |   | - |   |
| Cash      paid for stock redemption                                                        |   |           | (150,000   | )      |                                  |   | - |   |   |   | - |   |
| Deferred      offering costs against capital                                               |   |           | (25,927    | )      |                                  |   | - |   |   |   | - |   |
| Acquisition      of treasury stock                                                         |   |           | (1,151,672 | )      |                                  |   | - |   |   |   | - |   |
| Net      cash flows provided by financing activities                                       |   |           | 702,764    |   |                                  |   | 37,983 |   |   |   | 37,190 |   |
|                                                                                       |   |           |       |   |                                  |   |   |   |   |   |   |   |
| Increase      (decrease) in cash and cash equivalents                                      |   |           | -          |   |                                  |   | - |   |   |   | - |   |
|                                                                                       |   |           |       |   |                                  |   |   |   |   |   |   |   |
| Cash      and cash equivalents, beginning of period                                        |   |           | -          |   |                                  |   | - |   |   |   | - |   |
|                                                                                       |   |           |       |   |                                  |   |   |   |   |   |   |   |
| Cash      and cash equivalents, end of period                                              |   | $              | -          |   |                                  | $      | - |   |   | $ | - |   |
|                                                                                       |   |           |       |   |                                  |   |   |   |   |   |   |   |
| Cash      paid for interest and income taxes                                               |   | $              | -          |   |                                  | $      | - |   |   | $ | - |   |
|                                                                                       |   |           |       |   |                                  |   |   |   |   |   |   |   |
| Supplemental      noncash investing and financing activities:                              |   |           |       |   |                                  |   |   |   |   |   |   |   |
| Common      stock issued for services                                                      |   | $              | 48,400     |   |                                  | $      | - |   |   | $ | - |   |
| Loans      payable converted to additional paid in capital                                 |   | $              | 14,397     |   |                                  | $      | - |   |   | $ | - |   |

----

Index

CHIN

----

----

Index

| Item      2. | Management’s Discussion and Analysis of Financial Condition and      Results of Operations |
|--------------|--------------------------------------------------------------------------------------------------|

----

Index

----

Index

| Item      4T. | Controls      and Procedures |
|---------------|------------------------------|

| Item      1. | Legal      Proceedings |
|--------------|------------------------|

| Item      2. | Unregistered      Sales of Equity Securities and Use of Proceeds |
|--------------|------------------------------------------------------------------|

| Item      3. | Defaults      Upon Senior Securities |
|--------------|--------------------------------------|

----

Index

| Item      4. | Submission      of Matters to a Vote of Security  Holders |
|--------------|-----------------------------------------------------------|

| Item      5. | Other      Information |
|--------------|------------------------|

| Item      6. | Exhibits |
|--------------|----------|

|   | (a) | Exhibits: |
|--------|-----|-----------|

Exhibit 31

Exhibit 32

----

Index

NATU

|                                   |   | CHINA      ELITE INFORMATION CO., LTD.     |   |
|----------------------------------------|--------|--------------------------------------------|--------|
|                                   |   |                                       |   |
|                                   |   |                                       |   |
|                                   |   |                                       |   |
| Date:  October      15, 2009 | By     | /s/      Li Kin Shing                      |   |
|                                   |   | Li      Kin Shing                          |   |
|                                   |   | President      and Chief Executive Officer |   |

----