----

----

| Nevada                                                              |   | 80-0638212                           |
|---------------------------------------------------------------------|--------|--------------------------------------|
| (State or other jurisdiction of incorporation or organization) |   | (I.R.S. Employer Identification No.) |

| Large accelerated filer |  ̈ | Accelerated filer         |  ̈ |
|-------------------------|--------|---------------------------|--------|
| Non-accelerated filer   |  ̈ | Smaller reporting company | þ |

----

----

----

| PART I - FINANCIAL INFORMATION |                                                                                  |   |   |
|--------------------------------|---------------------------------------------------------------------------------------|--------|--------|
|                           |                                                                                  |   |   |   |
| Item 1.                        | Financial Statements                                                                  |   |   | 4 |   |
| Item 2.                        | Management's Discussion and Analysis of Financial Condition and Results of Operations |   |   | 11 |   |
| Item 3.                        | Quantitative and Qualitative Disclosures About Market Risk                            |   |   | 25 |   |
| Item 4.                        | Controls and Procedures                                                               |   |   | 25 |   |
|                           |                                                                                  |   |   |   |   |
| PART II - OTHER INFORMATION    |                                                                                  |   |   |   |
|                           |                                                                                  |   |   |   |   |
| Item 1.                        | Legal Proceedings                                                                     |   |   | 27 |   |
| Item 1A.                       | Risk Factors                                                                          |   |   | 27 |   |
| Item 2.                        | Unregistered Sales of Equity Securities and Use of Proceeds                           |   |   | 27 |   |
| Item 3.                        | Defaults Upon Senior Securities                                                       |   |   | 27 |   |
| Item 4.                        | Submissions of Matters to a Vote of Security Holders                                  |   |   | 27 |   |
| Item 5.                        | Other Information                                                                     |   |   | 27 |   |
| Item 6.                        | Exhibits                                                                              |   |   | 28 |   |
|                           |                                                                                  |   |   |   |   |
| SIGNATURES                     |                                                                                  |   | 29     |   |

----

----

|                                                                                                   |   | As of              |       |   | As of             |   |
|----------------------------------------------------------------------------------------------------------|--------|--------------------|------------|--------|-------------------|--------|
|                                                                                                   |   | June 30, 2012 |       |   | December 31, 2011 |   |
|                                                                                                     |   | (Unaudited)        |       |   | (Audited)         |   |
| ASSETS                                                                                                   |   |             |       |   |              |   |
|                                                                                                   |   |             |       |   |              |   |
|     Cash and cash equivalents                                                        |   |               | 1,645,533  |   |              |   | 709,812 |   |
|     Inventories                                                                      |   |               | 89,358     |   |              |   | 2,862 |   |
|     Advances to suppliers                                                            |   |               | 122,845    |   |              |   | 83,057 |   |
|     Other receivables, net                                                           |   |               | 52,390     |   |              |   | 20,997 |   |
|                                                                                                   |   |             |       |   |            |   |
|         Total Current Assets                                     |   |               | 1,910,126  |   |              |   | 816,728 |   |
|                                                                                                   |   |             |       |   |            |   |
|     Property and equipment, net                                                      |   |               | 4,858,774  |   |              |   | 4,743,710 |   |
|     Construction in progress                                                         |   |               | 4,893,399  |   |              |   | 4,661,733 |   |
|     Land use right                                                                   |   |               | 4,380,211  |   |              |   | 3,225,474 |   |
|     Software                                                                         |   |               | 91,701     |   |              |   | - |   |
|     Prepaid lease                                                                    |   |               | 969,088    |   |              |   | 999,927 |   |
|                                                                                                   |   |             |       |   |            |   |
|         Total Assets                                             |   | $                  | 17,103,299 |   |              | $      | 14,447,572 |   |
|                                                                                                   |   |             |       |   |            |   |
| LIABILITIES AND STOCKHOLDERS' EQUITY                                                                     |   |               |       |   |              |   |
|                                                                                                   |   |             |       |   |            |   |
| Current Liabilities:                                                                                     |   |             |       |   |            |   |
|     Short-term loan                                                                  |   |               | 474,316    |   |              |   | 476,122 |   |
|     Other payables                                                                   |   |               | 1,204,573  |   |              |   | 1,267,842 |   |
|                                                                                                   |   |             |       |   |            |   |
|         Total Current Liabilities                                |   |               | 1,678,889  |   |              |   | 1,743,964 |   |
|                                                                                                   |   |             |       |   |            |   |
|     Due to related parties                                                           |   |               | 6,007,803  |   |              |   | 4,186,337 |   |
|                                                                                                   |   |             |       |   |            |   |
|         Total Liabilities                                        |   |               | 7,686,692  |   |              |   | 5,930,301 |   |
|                                                                                                   |   |             |       |   |            |   |
| Commitments                                                                                              |   |               | -          |   |              |   | - |   |
|                                                                                                   |   |             |       |   |            |   |
| Stockholders' Equity:                                                                                    |   |             |       |   |            |   |
|     Common stock ($0.001 par value; 75,000,000 shares authorized;                    |   |             |       |   |            |   |
|        66,450,000 shares issued and outstanding at December 31, 2011) |   |               | 66,450     |   |              |   | 66,450 |   |
|     Additional paid-in capital                                                       |   |               | 7,659,544  |   |              |   | 7,659,544 |   |
|     Statutory reserve                                                                |   |               | 152,124    |   |              |   | 57,805 |   |
|     Retained earnings                                                                |   |               | 1,330,728  |   |              |   | 479,420 |   |
|     Accumulated other comprehensive income                                           |   |               | 207,761    |   |              |   | 254,052 |   |
|                                                                                                   |   |             |       |   |            |   |
|         Total Stockholders' Equity                               |   |               | 9,416,607  |   |              |   | 8,517,271 |   |
|                                                                                                   |   |             |       |   |            |   |
|         Total Liabilities and Stockholders' Equity               |   | $                  | 17,103,299 |   |              | $      | 14,447,572 |   |

----

|                                                                                                         |   | For the SixMonths Ended |       |   | For the SixMonths Ended |   |
|----------------------------------------------------------------------------------------------------------------|--------|-------------------------|------------|--------|-------------------------|--------|
|                                                                                                         |   | June 30, 2012           |       |   | June 30, 2011           |   |
|                                                                                                         |   | (Unaudited)             |       |   | (Unaudited)             |   |
|                                                                                                         |   |                  |       |   |                    |   |
| NET REVENUES                                                                                                   |   | $                       | 3,585,550  |   |                    | $      | 1,996,148 |   |
|                                                                                                         |   |                  |       |   |                    |   |   |
| COST OF REVENUES                                                                                               |   |                    | 2,595,974  |   |                    |   | 1,264,820 |   |
|                                                                                                         |   |                  |       |   |                  |   |
| GROSS PROFIT                                                                                                   |   |                    | 989,576    |   |                    |   | 731,328 |   |
|                                                                                                         |   |                  |       |   |                  |   |
| OPERATING EXPENSES:                                                                                            |   |                  |       |   |                  |   |
|      General and administrative                                                       |   |                    | 411,028    |   |                    |   | 243,187 |   |
|      Interest expense                                                                 |   |                    | 13,332     |   |                    |   | - |   |
|                                                                                                         |   |                  |       |   |                  |   |
|         Total Operating Expenses                                       |   |                    | 424,360    |   |                    |   | 243,187 |   |
|                                                                                                         |   |                  |       |   |                  |   |
| INCOME FROM OPERATIONS                                                                                         |   |                    | 565,216    |   |                    |   | 488,141 |   |
|                                                                                                         |   |                  |       |   |                  |   |
| OTHER INCOME:                                                                                                  |   |                    | 374,164    |   |                    |   | - |   |
|                                                                                                         |   |                  |       |   |                  |   |
| INCOME BEFORE PROVISION FOR INCOME TAX                                                                         |   |                    | 939,380    |   |                    |   | 488,141 |   |
|                                                                                                         |   |                  |       |   |                  |   |
| PROVISION FOR INCOME TAXES                                                                                     |   |                    | -          |   |                    |   | - |   |
|                                                                                                         |   |                  |       |   |                  |   |
| NET INCOME                                                                                                     |   | $                       | 939,380    |   |                    | $      | 488,141 |   |
|                                                                                                         |   |                  |       |   |                  |   |
| COMPREHENSIVE INCOME:                                                                                          |   |                  |       |   |                  |   |
|       Net income                                                                 |   | $                       | 939,380    |   |                    | $      | 488,141 |   |
|                                                                                                         |   |                  |       |   |                  |   |
|       OTHER COMPREHENSIVE INCOME:                                                |   |                  |       |   |                  |   |
|            Unrealized foreign currency translation gain |   |                    | (46,291    | )      |                    |   | 24,130 |   |
|                                                                                                         |   |                  |       |   |                  |   |
|       COMPREHENSIVE INCOME                                                       |   | $                       | 893,089    |   |                    | $      | 512,271 |   |
|                                                                                                         |   |                  |       |   |                  |   |
| NET INCOME PER COMMON SHARE:                                                                                   |   |                  |       |   |                  |   |
|     Basic                                                                                  |   | $                       | 0.01       |   |                    | $      | 0.08 |   |
|     Diluted                                                                                |   | $                       | 0.01       |   |                    | $      | 0.08 |   |
|                                                                                                         |   |                  |       |   |                  |   |
| WEIGHTED AVERAGE COMMON SHARES OUTSTANDING:                                                                    |   |                  |       |   |                  |   |
|     Basic                                                                                  |   |                    | 66,450,000 |   |                    |   | 6,450,000 |   |
|     Diluted                                                                                |   |                    | 66,450,000 |   |                    |   | 5,811,119 |   |

----

|                                                                                    |       |     | For the Six Months Ended |   |
|-------------------------------------------------------------------------------------------|--------------|----------|--------------------------|--------|
|                                                                                    |       |     | June 30,                 |   |
|                                                                                    |       |     | 2012                     |   |   | 2011 |   |
| CASH FLOWS FROM OPERATING ACTIVITIES:                                                     |         |   |                     |   |   |   |
|     Net income                                                        |         | $        | 933,858                  |   |   | $ | 488,141 |   |
|     Adjustments to reconcile net income to net cash                   |         |   |                     |   |   |   |
|    used in operating activities:                                           |         |   |                     |   |   |   |
|           Depreciation and amortization |         |     | 211,989                  |   |   |   | 2,583 |   |
|           Interest expense              |         |     | 13,332                   |   |   |   | - |   |
|      Changes in assets and liabilities:                          |         |   |                     |   |   |   |
|           Inventories                   |         |     | -7,455                   |   |   |   | -9,414 |   |
|          Other receivables                   |         |     | -31,473                  |   |   |   | 34,714 |   |
|          Advances to suppliers               |         |     | -40,103                  |   |   |   | -131,971 |   |
|          Other payables                      |         |     | -58,458                  |   |   |   | -605,062 |   |
| NET CASH PROVIDED BY OPERATING ACTIVITIES                                                 |         |     | 1,021,690                |   |   |   | -221,009 |   |
|                                                                                    |       |     |                   |   |   |   |   |
| CASH FLOWS FROM INVESTING ACTIVITIES:                                                     |         |   |                     |   |   |   |
|     Purchase of property, plant and equipment                         |         |     | -282,799                 |   |   |   | -38,991 |   |
|     Construction in progress                                          |         |     | -420,109                 |   |   |   | -6,591,868 |   |
|    Acquisition of land use right                                           |         |     | -1,201,600               |   |   |   | -244,406 |   |
| NET CASH USED IN INVESTING ACTIVITIES                                                     |         |     | -1,904,508               |   |   |   | -6,875,266 |   |
|                                                                                    |       |     |                   |   |   |   |   |
| CASH FLOWS FROM FINANCING ACTIVITIES:                                                     |         |   |                     |   |   |   |
|   Payment of interest expense                                                        |         |     | -13,332                  |   |   |   | - |   |
|       Proceeds from capital injection                       |         |     | -                        |   |   |   | 6,953,458 |   |
|       Proceeds from share issuances                         |         |     | -                        |   |   |   | 25,000 |   |
|   Proceeds from related parties                                                      |         |     | 1,834,673                |   |   |   | 140,633 |   |
| NET CASH  PROVIDED BY FINANCING ACTIVITIES                                      |         |     | 1,821,340                |   |   |   | 7,119,091 |   |
|                                                                                    |       |     |                   |   |   |   |   |
| EFFECT OF EXCHANGE RATE ON CASH                                                           |         |     | -2,802                   |   |   |   | 16,207 |   |
|                                                                                    |       |     |                   |   |   |   |   |
| NET INCREASE IN CASH AND CASH EQUIVALENTS                                                 |         |     | 935,721                  |   |   |   | 39,023 |   |
|                                                                                    |       |     |                   |   |   |   |   |
| CASH AND CASH EQUIVALENTS - beginning of period                                           |         |     | 709,812                  |   |   |   | 79,427 |   |
|                                                                                    |       |     |                   |   |   |   |   |
| CASH AND CASH EQUIVALENTS - end of period                                                 |         | $        | 1,645,532                |   |   | $ | 118,450 |   |
|                                                                                    |       |     |                   |   |   |   |   |
| SUPPLEMENTAL DISCLOSURE OF CASH FLOW  INFORMATION:                              |         |   |                     |   |   |   |
| Cash paid for:                                                                            |         |   |                     |   |   |   |
|                                                                                    | Interest     |     | $                        | 13,332 |   |   | $ | - |   |
|                                                                                    | Income taxes |     |                     | -      |   |   |   | - |   |

----

----

| Building         | 20   | years |
|------------------|------|-------|
| Plant            | 5-10 | years |
| Office equipment | 3-5  | years |
| Vehicles         | 4    | years |

----

----

|                               |   | June, 2012 |      |   | December 31, 2011 |   |
|------------------------------------|--------|------------|-----------|--------|-------------------|--------|
|                               |   | $          |      |   |              | $      |   |   |
| Building                           |   |       | 4,521,123 |   |              |   | 4,538,344 |   |
| Plant                              |   |       | 514,960   |   |              |   | 233,418 |   |
| Vehicles                           |   |       | 42,176    |   |              |   | 42,337 |   |
| Office equipment                   |   |       | 54,175    |   |              |   | 54,008 |   |
|                               |   |       | 5,132,434 |   |              |   | 4,868,107 |   |
|                               |   |       |      |   |              |   |   |   |
| Less: Accumulated depreciation     |   |       | 273,660   |   |              |   | 124,397 |   |
| Property, plant and equipment, net |   |       | 4,858,774 |   |              |   | 4,743,710 |   |
|                               |   |       |      |   |              |   |   |   |
| Construction in progress           |   |       | 4,893,399 |   |              |   | 4,661,733 |   |
|                               |   |       |      |   |              |   |   |   |
|                               |   |       | 9,752,173 |   |              |   | 9,405,443 |   |

----

| (1)   | Fresh mushrooms. We grow fresh mushrooms in our greenhouse and sell them to markets. Our fresh mushrooms include oyster mushroom, king oyster mushroom, king trumpet mushroom, and button mushroom. The revenues from the sales of fresh mushrooms constitute approximately 55% and 70% of our total revenues in the half year of 2012 and 2011, respectively. |
|-----------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (2)   | Related mushroom products including mushroom spawn and mushroom seeds. The revenues from the sales of related mushroom products constitute approximately 45% and 30% of our total revenues in the half year of 2012 and 2011, respectively. |
|-----------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

----

|                                                            |   | June 30, |       |   | December31, |   | Increase   |
|-----------------------------------------------------------------|--------|----------|------------|--------|-------------|--------|------------|
|                                                            |   | 2012     |       |   | 2011        |   | (decrease) |
|                                                            |   |     |       |   |        |   |       |
| Current assets                                                  |   |     |       |   |        |   |       |
| Cash                                                            |   |     | 1,645,533  |   |        |   | 709,812    |   | 935,721 |
|                                                            |   |     |       |   |        |   |       |   |   |
| Other Receivables                                               |   |     | 52,390     |   |        |   | 20,997     |   | 31,393 |
|                                                            |   |     |       |   |        |   |       |   |   |
| Advance to suppliers                                            |   |     | 122,845    |   |        |   | 83,057     |   | 29,788 |
|                                                            |   |     |       |   |        |   |       |   |   |
| Inventory                                                       |   |     | 89,358     |   |        |   | 2,862      |   | 86,496 |
|                                                            |   |     |       |   |        |   |       |   |   |
| Total current assets                                            |   |     | 1,910,126  |   |        |   | 816,728    |   | 1,093,398 |
|                                                            |   |     |       |   |        |   |       |   |   |
|  Non-current assets                                        |   |     |       |   |        |   |       |   |   |
| Property, plant and equipment - net of accumulated depreciation |   |     | 4,858,774  |   |        |   | 4,743,710  |   | 115,064 |
|                                                            |   |     |       |   |        |   |       |   |   |
| Construction in progress                                        |   |     | 4,893,399  |   |        |   | 4,661,733  |   | 231,666 |
|                                                            |   |     |       |   |        |   |       |   |   |
| Land use rights                                                 |   |     | 4,380,211  |   |        |   | 3,225,474  |   | 1,154,737 |
|                                                            |   |     |       |   |        |   |       |   |   |
| Software                                                        |   |     | 91,701     |   |        |   | -          |   | 91,701 |
|                                                            |   |     |       |   |        |   |       |   |   |
| Long term prepaid lease                                         |   |     | 969,088    |   |        |   | 999,927    |   | (30,839) |
|                                                            |   |     |       |   |        |   |       |   |   |
| Total non-current assets                                        |   |     | 15,193,173 |   |        |   | 13,630,844 |   | 1,562,329 |
|                                                            |   |     |       |   |        |   |       |   |   |
| Total assets                                                    |   |     | 17,103,299 |   |        |   | 14,447,572 |   | 2,655,727 |
|                                                            |   |     |       |   |        |   |       |   |   |
| Current liabilities                                             |   |     |       |   |        |   |       |
|                                                            |   |     |       |   |        |   |       |   |   |
| Short-term loan                                                 |   |     | 474,316    |   |        |   | 476,122    |   | (1,806) |
|                                                            |   |     |       |   |        |   |       |   |   |
| Other payables                                                  |   |     | 1,204,573  |   |        |   | 1,267,842  |   | (63,269) |
|                                                            |   |     |       |   |        |   |       |   |   |
| Total current liabilities                                       |   |     | 1,678,889  |   |        |   | 1,743,964  |   | (65,075) |
|                                                            |   |     |       |   |        |   |       |   |   |
| Due to Related Parties                                          |   |     | 6,007,803  |   |        |   | 4,186,337  |   | 1, 821,466 |
|                                                            |   |     |       |   |        |   |       |   |   |
| Total liabilities                                               |   |     | 7,686,692  |   |        |   | 5,930,301  |   | 1,756,391 |
|                                                            |   |     |       |   |        |   |       |   |   |
| Shareholders’ liabilities                                 |   |     |       |   |        |   |       |   |   |
| Common stock                                                    |   |     | 66,450     |   |        |   | 66,450     |   | - |
|                                                            |   |     |       |   |        |   |       |   |   |
| Paid-in capital                                                 |   |     | 7,659,544  |   |        |   | 7,659,544  |   | - |
|                                                            |   |     |       |   |        |   |       |   |   |
| Statutory reserve                                               |   |     | 152,124    |   |        |   | 57,805     |   | 94,319 |
|                                                            |   |     |       |   |        |   |       |   |   |
| Retained earnings                                               |   |     | 1,330,728  |   |        |   | 479,420    |   | 851,308 |
|                                                            |   |     |       |   |        |   |       |   |   |
| Other comprehensive income - foreign currency                   |   |     | 207,761    |   |        |   | 254,052    |   | (46,291) |
|                                                            |   |     |       |   |        |   |       |
| Total shareholders’ equity                                |   |     | 9,416,607  |   |        |   | 8,517,271  |   | 899,336 |
|                                                            |   |     |       |   |        |   |       |   |   |
| Total liabilities and shareholders’ equity                |   |     | 17,103,299 |   |        |   | 14,447,572 |   | 2,655,727 |

----

| Building and constructions | 20     years            |
|----------------------------|--------------------------------------------------|
| Plant                      | 5-10 years                                       |
| Office equipment           | 3-5   years                       |
| Vehicles                   | 4       years |

----

|                                  | June 30,2012 |      | December 31,2011 |   |
|---------------------------------------|--------------|-----------|------------------|--------|
|                                  | USD          |      | USD              |   |
| Building                              |  a      | 4,521,123 |             |   | 4,538,344 |   |
| Plant                                 |  b      | 514,960   |             |   | 229,443 |   |
| Vehicles                              |  c      | 42,176    |             |   | 42,337 |   |
| Office equipment                      |  d      | 54,175    |             |   | 57,983 |   |
| Less: Accumulated depreciation        |  e      | 273,660   |             |   | 124,397 |   |
| Property, plant and equipment, net    |         | 4,858,774 |             |   | 4,743,710 |   |
| Construction in progress              |  f      | 4,893,399 |             |   | 4,661,733 |   |
| Total property, plant & equipment |         | 9,752,173 |             |   | 9,405,443 |   |

----

|                                            |   | June 30,2012USD |      |   | December31,2011USD |   |
|-------------------------------------------------|--------|-----------------|-----------|--------|--------------------|--------|
| Mushroom seeds cultivate workshop and warehouse |   |            | 1,119,785 |   |               |   | 1,114,084 |   |
| Manufacturing workshops                         |   |            | 457,178   |   |               |   | 322,494 |   |
| Greenhouse and Planting structures              |   |            | 3,304,415 |   |               |   | 3,218,533 |   |
| Others                                          |   |            | 12,021    |   |               |   | 6,622 |   |
| Total amount of CIP                             |   |            | 4,893,399 |   |               |   | 4,661,733 |   |

----

|                       |   |   |        |   |   |   |        | Increase   |   |
|----------------------------|--------|--------|-------------|--------|--------|--------|-------------|------------|--------|
|                       |   | 2012   |        |   | 2011   |   |        | (decrease) |   |
|                       |   |   |        |   |   |   |        |       |   |
| Total revenue              |   |   | 3,585,550   |   |   |   | 1,996,148   |       |   |   | 1,589,402 |   |
| Total cost of revenue      |   |   | (2,595,974) |   |   |   | (1,264,820) |       |   |   | (1,331,154) |   |
| Gross profit               |   |   | 989,576     |   |   |   | 731,328     |       |   |   | 258,248 |   |
| Operating expenses         |   |   | (411,028)   |   |   |   | (243,187)   |       |   |   | (167,840) |   |
| Income from operations     |   |   | 578,548     |   |   |   | 488,141     |       |   |   | 77,076 |   |
| Other income               |   |   | 374,164     |   |   |   | -           |       |   |   | 374,164 |   |
| Interest expense           |   |   | 13,332      |   |   |   | -           |       |   |   | 13,332 |   |
| Income before income taxes |   |   | 939,380     |   |   |   | 488,141     |       |   |   | 451,240 |   |
| Income taxes               |   |   |        |   |   |   |        |       |   |   |   |   |
| Net income                 |   |   | 939,380     |   |   |   | 488,141     |       |   |   | 451,240 |   |

----

|                            |   | 2012   |      |   |   |   |   | 2011   |   |   |      |   |
|---------------------------------|--------|--------|-----------|--------|--------|--------|--------|--------|--------|--------|-----------|--------|
|                            |   | USD    |      |   | %      |   |   | USD    |   |   | %         |   |
| Fresh Mushrooms sales           |   |   | 1,961,434 |   |   |   | 54.70% |   |   |   | 1,407,857 |   |   |   | 70.53% |   |
| Mushroom spawns and seeds sales |   |   | 1,624,116 |   |   |   | 45.30% |   |   |   | 588,291   |   |   |   | 29.47% |   |
| Total revenue                   |   |   | 3,585.550 |   |   |   | 100%   |   |   |   | 1,996,148 |   |   |   | 100% |   |

| a.   | We started to open and run the business in the second half of 2009. In the years of 2009 and 2010, the company was still under a development stage with relatively low brand name. The company began the mushroom sales in January of 2011, which led to lower amount of sales revenue in half year of 2011 compared with 2012.  For the half year of 2012, as the company progressed toward maturity, we strengthened our sales and marketing campaign which helped to enhance our brand name and increase our sales. |
|----------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| b.   | The business model of cooperation with local farmers and farming organizations developed since local government encouraged the farmers to develop the local agriculture. As a result, our mushroom spawns and seeds were also supported and welcomed by local farmers and farming organizations, which significantly increased our sales. |
|----------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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|                                    |   | 2012   |      |   | 2011   |   |
|-----------------------------------------|--------|--------|-----------|--------|--------|--------|
|                                    |   | USD    |      |   | USD    |   |
|                                    |   |   |      |   |   |   |
| Cost of fresh mushrooms sales           |   |   | 1,442,846 |   |   |   | 1,005,985 |   |
|                                    |   |   |      |   |   |   |   |   |
| Cost of mushroom spawns and seeds sales |   |   | 1,153,128 |   |   |   | 258,835 |   |
|                                    |   |   |      |   |   |   |   |   |
| Total                                   |   |   | 2,595,974 |   |   |   | 1,264,820 |   |

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|                            |   | 2012   |    |   | 2011   |   |
|---------------------------------|--------|--------|---------|--------|--------|--------|
|                            |   | Gross  |    |   | Gross  |   |   | Gross |   |   | Gross |   |
| Production Category             |   | Profit |    |   | Margin |   |   | Profit |   |   | Margin |   |
|                            |   | USD    |    |   | %      |   |   | USD |   |   | % |   |
|                            |   |   |    |   |   |   |   |   |   |   |   |   |
| Fresh mushrooms sales           |   |   | 518,588 |   |   |   | 26.4 | % |   |   | 401,872 |   |   |   | 28.5% |   |
|                            |   |   |    |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Mushroom spawns and seeds sales |   |   | 470,988 |   |   |   | 29.0 | % |   |   | 329,456 |   |   |   | 56.0% |   |
|                            |   |   |    |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Total gross profit              |   |   | 989,576 |   |   |   | 27.6 | % |   |   | 731,328 |   |   |   | 36.6% |   |

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|                                                         |   | 2012   |        |   | 2011   |   |
|--------------------------------------------------------------|--------|--------|-------------|--------|--------|--------|
|                                                         |   |   |        |   |   |   |
| Net cash provided by (used in) operating activities          |   | $      | 1,021,690   |   |   | $      | (221,009) |   |
|                                                         |   |   |        |   |   |   |   |   |
| Net cash used in investing activities                        |   |   | (1,904,508) |   |   |   | (6,875,266) |   |
|                                                         |   |   |        |   |   |   |   |   |
| Net cash provided by (used in) financing activities          |   |   | 1,821,340   |   |   |   | 7,119,091 |   |
|                                                         |   |   |        |   |   |   |   |   |
| Effect of exchange rate changes on cash and cash equivalents |   |   | (2,802)     |   |   |   | 16,207 |   |
|                                                         |   |   |        |   |   |   |   |   |
| Net increase(decrease) in cash and cash equivalents          |   |   | 935,721     |   |   |   | 39,023 |   |
|                                                         |   |   |        |   |   |   |   |   |
| Cash and cash equivalents, beginning of period               |   |   | 709,812     |   |   |   | 79,427 |   |
|                                                         |   |   |        |   |   |   |   |   |
| Cash and cash equivalents, end of period                     |   | $      | 1,645,532   |   |   | $      | 118,450 |   |

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| Building and constructions | 20     years            |
|----------------------------|--------------------------------------------------|
| Plant                      | 5-10 years                                       |
| Office equipment           | 3-5   years                       |
| Vehicles                   | 4       years |

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| Exhibit No.            |   | Description                                                                                                                                                                                                                                                                                                                                                                          |
|------------------------|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                   |   |                                                                                                                                                                                                                                                                                                                                                                                 |
| 3.1                    |   | Articles of Incorporation*                                                                                                                                                                                                                                                                                                                                                           |
| 3.2                    |   | Bylaws*                                                                                                                                                                                                                                                                                                                                                                              |
| 10.1                   |   | Share Exchange Agreement**                                                                                                                                                                                                                                                                                                                                                           |
| 10.2                   |   | Consulting Service Agreement (Panjin Hengrun and Liaoning Dingxu)**                                                                                                                                                                                                                                                                                                                  |
| 10.3                   |   | Operating Agreement (Panjin Hengrun and Liaoning Dingxu)**                                                                                                                                                                                                                                                                                                                           |
| 10.4                   |   | Equity Pledge Agreement (Panjin Hengrun and Liaoning Dingxu)**                                                                                                                                                                                                                                                                                                                       |
| 10.5                   |   | Option Agreement (Panjin Hengrun and Liaoning Dingxu)**                                                                                                                                                                                                                                                                                                                              |
| 10.6                   |   | Proxy Agreement (Panjin Hengrun and Liaoning Dingxu)**                                                                                                                                                                                                                                                                                                                               |
| 31.1                   |   | Certification of Chief Executive Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 (6)                                                                                                                                                                                                                                |
| 31.2                   |   | Certification of Chief Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 (6)                                                                                                                                                                                                                                |
| 32.1                   |   | Certification of Chief Executive Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 (6)                                                                                                                                                                                                                                |
| 32.2                   |   | Certification of Chief Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 (6)                                                                                                                                                                                                                                |
| 101***                 |   | The following materials from our Quarterly Report on Form 10-Q for the quarter ended June 30, 2012, formatted in XBRL (eXtensible Business Reporting Language): (i) the Consolidated Balance Sheets, (ii) the Consolidated Statements of Operations, (iii) the Consolidated Statements of Cash Flows, and (iv) Notes to Consolidated Financial Statements.  |
| 101.INS****            |   | XBRL Instance                                                                                                                                                                                                                                                                                                                                                                        |
| 101.SCH***        |   | XBRL Taxonomy Extension Schema                                                                                                                                                                                                                                                                                                                                                       |
| 101.CAL***   |   | XBRL Taxonomy Extension Calculation                                                                                                                                                                                                                                                                                                                                                  |
| 101.DEF***             |   | XBRL Taxonomy Extension Definition                                                                                                                                                                                                                                                                                                                                                   |
| 101.LAB***             |   | XBRL Taxonomy Extension Labels                                                                                                                                                                                                                                                                                                                                                       |
| 101.PRE***             |   | XBRL Taxonomy Extension Presentation                                                                                                                                                                                                                                                                                                                                                 |

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|                                                                                                                                                                                             | China Liaoning Dingxu Ecological Agriculture Development, Inc.Formerly known as Hazlo! Technologies, Inc |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|----------------------------------------------------------------------------------------------------------|
| August 10, 2012                                                                                                                                                                                  |                                                                                                     |   |   |
|                                  | By:                                                                                                      | / S / Chin Yung Kong |   |
|                                                                                                                                                                                        |                                                                                                     | Chin Yung Kong |   |
|                                                                                                                                                                                             |                                                                                                     | President and Chief Executive Officer |   |

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