--------------------------------------------------------------------------------
                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                            ------------------------

                                  FORM 10-KSB/A
                                (Amendment No. 3)

                                   (Mark One)

|X|  ANNUAL REPORT  PURSUANT TO SECTION 13 OR 15(d) OF THE  SECURITIES  EXCHANGE
     ACT OF 1934

                     For the fiscal year ended July 31, 2004

|_|  TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES  EXCHANGE ACT
     OF 1934

 For the transition period from                       to
                                ---------------------    ---------------------


                        Commission File Number 001-31937

                            ------------------------

                           ZEOLITE EXPLORATION COMPANY
           (Name of Small Business Issuer as Specified in its Charter)

         Nevada                                                N/A
(State of Incorporation)                       (IRS Employer Identification No.)

                               Youth Pioneer Park
               Tai-an Economic and Technological Development Zone
                      Tai'an City, Shandong Province 271000
                           People's Republic of China
                    (Address of Principal Executive Offices)

                                (86-538) 856-0618
                (Issuer's Telephone Number, Including Area Code)

                            ------------------------

        Securities registered pursuant to section 12 (b) of the Act: None

           Securities registered pursuant to section 12(g) of the Act:
                    Common Stock, par value $.00001 per share
                                (Title of Class)

Check  whether the issuer (1) filed all reports  required to be filed by Section
13 or 15(d) of the Exchange Act during the preceding  twelve 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
|_| Check if there is no disclosure of delinquent filers in response to Item 405
of regulation S-B contained in this form,  and no disclosure  will be contained,
to the best of  registrant's  knowledge,  in  definitive  proxy  or  information
statements  incorporated  by  reference  in Part III of this form  10-KSB or any
amendment to this Form 10-KSB. |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|

The  registrant's  revenues  for fiscal  year  ended July 31,  2004 were $0. The
aggregate market value of the registrant's  voting and non-voting  common equity
held by non-affiliates as of November 12, 2004 was $0.

The number of shares outstanding of the registrant's common stock as of November
12, 2004, was 6,275,000 shares

Transitional Small Business Disclosure Format. Yes |_| No |X|

--------------------------------------------------------------------------------

<PAGE>

EXPLANATORY NOTE:

     Zeolite  Exploration  Company is filing this  Amendment No. 3 to its Annual
Report on Form  10-KSB for the year ended July 31, 2004 to amend Part II, Item 7
(Financial  Statements).  Our  original  Form 10-KSB for the year ended July 31,
2004 was filed with the Securities and Exchange Commission on November 12, 2004,
and was amended by Amendment  No. 1 filed on April 27, 2005 and by Amendment No.
2 filed on November 8, 2005.

     We are  amending  Item 7 to include a revised  report of Schwartz  Levitsky
Feldman LLP with  respect to such firm's  audit of our balance  sheet as of July
31, 2004,  and the related  statements of operations,  changes in  stockholders'
equity,  and cash flows for the year then ended and for the period  from date of
inception (May 11, 2001) through July 31, 2004.  The report of this  independent
registered  public  accounting  firm has been  revised  to cover the  cumulative
period from inception (May 11, 2001) through July 31, 2004.

     In  accordance  with Rule 12b-15 under the  Securities  and Exchange Act of
1934, this Form 10-KSB/A sets forth the complete text of Item 7, as amended,  of
our Form 10-KSB for the year ended July 31, 2004.  Except for the revised report
of Schwartz  Levitsky  Feldman LLP included in this  Amendment No. 3, no changes
have been made to the  financial  statements  previously  included  in Item 7 of
Amendment  No. 2 to our Annual Report on Form 10-KSB for the year ended July 31,
2004.

     In connection  with the filing of this  Amendment No. 3 and pursuant to SEC
rules promulgated  pursuant to the Securities  Exchange Act of 1934, as amended,
we  are  including   with  this   Amendment  No.  3  certain   currently   dated
certifications pursuant to Section 302 of the Sarbanes-Oxley Act of 2002. Except
as  described  above,  and except for the change in our  address  and  telephone
number  appearing on the cover page of this Amendment No. 3, no other amendments
are being made to the  Annual  Report.  This  Amendment  No. 3 does not  reflect
events  occurring  after the  November  12, 2004 filing of the Annual  Report or
modify or update the disclosure  contained in the Annual Report in any way other
than as required to reflect the amendments discussed above and reflected below.



















<PAGE>

                                     PART II

Item 7.  Financial Statements.


Revised Report of Independent Registered Public Accounting Firm..............F-1

Independent Auditor's Report.................................................F-2

Balance Sheets as of July 31, 2004 and 2003..................................F-3

Statements of Operations for the years ended July 31, 2004 and 2003 and
   for the period from inception (May 11, 2001) to July 31, 2004.............F-4

Statements of Shareholders' Equity for the years ended July 31, 2004
   and 2003 and for the period from inception (May 11, 2001) to
   July 31, 2004.............................................................F-5

Statements of Cash Flows for the years ended July 31, 2004 and 2003 and
   for the period from inception (May 11, 2001) to July 31, 2004.............F-6

Notes to Financial Statements................................................F-7



















<PAGE>

         REVISED REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM


Schwartz Levitsky Feldman LLP
CHARTERED ACCOUNTANTS
TORONTO, MONTREAL, OTTAWA


To the Board of Directors and Stockholders of
Zeolite Exploration Company
         (An Exploration Stage Company)
         (A Nevada Corporation)
         Surrey, British Columbia Canada

We have audited the accompanying balance sheet of Zeolite Exploration Company as
at  July  31,  2004  and  the  related  statements  of  operations,  changes  in
stockholders'  equity  and cash flows for the year then ended and for the period
from date of inception  (May 11, 2001)  through July 31, 2004.  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 audit. The balance sheet of Zeolite Exploration Company as of July 31, 2003,
and the related statements of operations,  changes in stockholders'  equity, and
cash  flows for the year then ended and for the  period  from date of  inception
(May 11, 2001) through July 31, 2003 were audited by other auditor whose reports
have been  furnished  to us,  and our  opinion,  insofar  as it  relates  to the
cumulative  financial  information  for the  Company for the period from date of
inception (May 11, 2001) through July 31, 2003 is based solely on the reports of
the other auditors.

We conducted  our audit in accordance  with the Standards of the Public  Company
Accounting Oversight Board (United States). Those standards require that we plan
and perform the audit to obtain reasonable assurance about whether the financial
statements  are free of material  misstatement.  The Company is not  required to
have,  nor were we engaged to perform,  an audit of its  internal  control  over
financial  reporting.  An audit included  consideration of internal control over
financial  reporting  as  a  basis  for  designing  audit  procedures  that  are
appropriate  in the  circumstances,  but not for the  purpose of  expressing  an
opinion on the  effectiveness  of the Company's  internal control over financial
reporting.  Accordingly,  we express  no such  opinion.  An audit also  includes
examining,  on a test basis,  evidence supporting the amounts and disclosures in
the  financial   statements,   assessing  the  accounting  principles  used  and
significant  estimates  made by  management,  as well as evaluating  the overall
financial  statement  presentation.   We  believe  that  our  audit  provides  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 Zeolite Exploration Company as
at July 31,  2004 and the results of its  operations  and its cash flows for the
year then ended and for the period  from the date of  inception  (May 11,  2001)
through  July  31,  2004 in  conformity  with  accounting  principles  generally
accepted in the United States of America.


                                            /s/  Schwartz Levitsky Feldman LLP
Toronto, Ontario, Canada
September 23, 2004                                        Chartered Accountants

1167 Caledonia Road
Toronto, Ontario M6A 2X1
Tel: 416 785 5353
Fax: 416 785 5663





                                      F-1
<PAGE>

                           INDEPENDENT AUDITORS REPORT



     JOHN J. GEIB     CHARTERED ACCOUNTANT               Phone:    259-4519

                      Southcentre Executive Tower        Fax:      255-0745

                      405, 11012 Macleod Trail South

                      Calgary, Alberta T2J 6A5

--------------------------------------------------------------------------------

To Board of Directors and Stockholders of:
Zeolite Exploration Company


I have audited the accompanying  balance sheets of Zeolite  Exploration  Company
(an  exploration  stage  company)  as of July 31,  2003 and 2002 and the related
statements of operations, changes in stockholders' equity and cash flows for the
years then ended and for the  period  from  inception  to July 31,  2003.  These
financial  statements are the  responsibility  of the Company's  management.  My
responsibility  is to express an opinion on these financial  statements based on
my audits.


I conducted my audits in accordance with auditing  standards  generally accepted
in the United States of America. Those standards require that I plan and perform
the audit to obtain reasonable  assurance about whether the financial statements
are free of material misstatement. 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.  I believe that my audits provide a reasonable basis for
my opinion.


In my opinion, the financial statements referred to above present fairly, in all
material respects,  the financial position of Zeolite  Exploration Company as of
July 31, 2003 and 2002 and the results of its  operations and its cash flows for
the years then  ended and for the  period  from  inception  to July 31,  2003 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.  As discussed in Note 2, the Company
has  been  in the  exploration  stage  since  its  inception  on May  11,  2001.
Realization  of a major  portion of the assets is dependent  upon the  Company's
ability to meet its future  financing  requirements,  and the  success of future
operations.  These factors raise  substantial  doubt about Company's  ability to
continue as a going concern. Management's plans regarding those matters also are
described in Note 2. The  financial  statements  do not include any  adjustments
that might result from the outcome of this uncertainty.

                                                           /s/ John J. Geib
Calgary, Alberta
                                                           Chartered Accountant
October 7, 2003





                                      F-2
<PAGE>
<TABLE>
<CAPTION>

ZEOLITE EXPLORATION COMPANY
(An Exploration Stage Company)
BALANCE SHEETS

                                                              US $             US $
                                                         July 31, 2004    July 31, 2003
<S>                                                      <C>              <C>
                         ASSETS


CURRENT
    Cash                                                 $     106,671    $     111,748
                                                         -------------    -------------


                      LIABILITIES


CURRENT
    Accounts payable                                     $       3,015    $       2,279
                                                         -------------    -------------


                  SHAREHOLDERS' EQUITY


SHARE CAPITAL

    Common stock, 100,000,000 shares authorized,
    $0.00001 par value, 6,275,000 shares issued and
    outstanding                                                     63               63
    Additional paid in capital                                 402,437          402,437
    Accumulated deficit                                       (298,844)        (293,031)
                                                         -------------    -------------
                                                               103,656          109,469

                                                         $     106,671    $     111,748
                                                         -------------    -------------
</TABLE>











   (The accompanying notes are an integral part of these financial statements)


                                      F-3
<PAGE>
<TABLE>
<CAPTION>

ZEOLITE EXPLORATION COMPANY
(An Exploration Stage Company)
STATEMENTS OF OPERATIONS


                                                   US$            US$            US$
                                                                             Cumulative
                                                                                Since
                                                                              Inception
For the Years Ended July 31,                       2004           2003
                                               -----------    -----------    -----------
<S>                                            <C>            <C>            <C>

REVENUE                                        $      --      $      --      $      --
                                               -----------    -----------    -----------




EXPENSES


    Consulting services provided by officers          --             --          254,793
    Legal fees                                        --             --           20,000
    Exploration fees                                  --           10,108         10,108
    General and administrative expenses              5,813          5,897         13,943
                                               -----------    -----------    -----------

NET LOSS FOR THE YEAR                          $    (5,813)   $   (16,005)   $  (298,844)
                                               -----------    -----------    -----------



NET LOSS PER COMMON SHARE BASIC
AND DILUTED                                    $      --      $      --
                                               -----------    -----------



WEIGHTED AVERAGE NUMBER OF COMMON
SHARES OUTSTANDING BASIC AND DILUTED             6,275,000      5,369,299
                                               -----------    -----------
</TABLE>











   (The accompanying notes are an integral part of these financial statements)


                                      F-4
<PAGE>
<TABLE>
<CAPTION>

ZEOLITE EXPLORATION COMPANY
(An Exploration Stage Company)
STATEMENTS OF SHAREHOLDERS' EQUITY
For the Years Ended July 31, 2004 and 2003




                                              US$           US$           US$            US$
                                                                        Deficit
                              Common                                  Accumulated
                              Stock                      Additional     During
                              Number                      Paid-in     Exploration
                             of Shares       Amount       Capital        Stage          Total
                            -----------   -----------   -----------   -----------    -----------
<S>                         <C>           <C>           <C>           <C>            <C>
Balance, July 31, 2002        5,000,000   $        50   $   274,950   $  (277,026)   $    (2,026)


Issuance of common stock
for cash consideration at
$0.10 per share               1,275,000            13       127,487          --          127,500



Net loss, Year Ended July
31, 2003                           --            --            --         (16,005)       (16,005)
                            -----------   -----------   -----------   -----------    -----------


Balance, July 31, 2003        6,275,000            63       402,437      (293,031)       109,469


Net loss, Year Ended July
31, 2004                           --            --            --          (5,813)        (5,813)
                            -----------   -----------   -----------   -----------    -----------


Balance, July 31, 2004        6,275,000   $        63   $   402,437   $  (298,844)   $   103,656
                            -----------   -----------   -----------   -----------    -----------
</TABLE>











   (The accompanying notes are an integral part of these financial statements)


                                      F-5
<PAGE>
<TABLE>
<CAPTION>

ZEOLITE EXPLORATION COMPANY
(An Exploration Stage Company)
STATEMENTS OF CASH FLOWS

                                                               US $         US $         US $
                                                                                      Cumulative
                                                                                        Since
                                                                                      Inception
For the Years Ended July 31,                                   2004         2003
<S>                                                         <C>          <C>          <C>

CASH FLOWS FROM OPERATING ACTIVITIES

    Net loss                                                $  (5,813)   $ (16,005)   $(298,844)
    Changes in non-cash working capital
         Increase (decrease) in trade payables                    736       (8,721)       3,015
    Adjustments to reconcile net loss to net cash used by
         operating activities                                    --           --        275,000
         Stock issued for services                             (5,077)     (24,726)     (20,829)


CASH FLOWS FROM FINANCING ACTIVITIES

    Proceeds from issuance of common stock                       --        127,500      127,500
                                                            ---------    ---------    ---------

CASH FLOWS FROM INVESTING ACTIVITIES

NET INCREASE (DECREASE) IN CASH                                (5,077)     102,774      106,671

CASH, BEGINNING OF THE YEAR                                   111,748        8,974         --

CASH, END OF THE YEAR                                       $ 106,671    $ 111,748    $ 106,671
</TABLE>












   (The accompanying notes are an integral part of these financial statements)


                                      F-6
<PAGE>

ZEOLITE EXPLORATION COMPANY
(An Exploration Stage Company)
NOTE S TO THE FINANCIAL STATEMENTS
For the Years Ended July 31, 2004 and 2003


1.   NATURE OF OPERATIONS AND GOING CONCERN

     Zeolite   Exploration   Company   (hereinafter  "the  Company")  filed  for
     incorporation  on May 11,  2001  under  the  laws of the  state  of  Nevada
     primarily for the purpose of acquiring,  exploring and  developing  mineral
     properties. The Company's fiscal year end is July 31st.


     The Company is actively seeking additional capital and management  believes
     that the Company can develop mineral  properties,  which it has acquired in
     British  Columbia.  However,  there are  inherent  uncertainties  in mining
     operations  and  management  cannot  provide  assurances  that  it  will be
     successful  in  this  endeavour.   Furthermore,   the  Company  is  in  the
     exploration stage, as it has not realized any significant revenues from its
     planned operations.


     The Company's  financial  statements have been presented on a going concern
     basis that  contemplates  the realization of assets and the satisfaction of
     liabilities in the normal course of business.  As shown in the accompanying
     financial  statements,  the Company had not incurred any revenue  since its
     inception.  This  condition  raises  substantial  doubt about the Company's
     ability  to  continue  as a going  concern.  Management  has  plans to seek
     additional  capital through a private  placement and public offering of its
     common  stock.  The  financial  statements  do not include any  adjustments
     relating to the  recoverability  and  classification of recorded assets, or
     the amounts and  classification  of liabilities  that might be necessary in
     the event the Company cannot continue in existence.


2.   SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

     This summary of significant  accounting  policies is presented to assist in
     understanding the financial statements.  The financial statements and notes
     are representations of the Company's  management,  which is responsible for
     their  integrity and  objectivity.  These  accounting  policies  conform to
     accounting  principles  generally  accepted in the United States of America
     and have been  consistently  applied in the  preparation  of the  financial
     statements.


     (a)  Use of Estimates


          The process of  preparing  financial  statements  in  conformity  with
          accounting  principles  generally  accepted  in the  United  States of
          America  requires  the  use of  estimates  and  assumptions  regarding
          certain  types of assets,  liabilities,  revenues and  expenses.  Such
          estimates primarily relate to unsettled  transactions and events as of
          the date of the financial  statements.  Accordingly,  upon settlement,
          actual results may differ from estimated accounts.


     (b)  Exploration Stage Activities


          The Company has been in the  exploration  stage since its formation on
          May 11, 2001 and has not yet realized  any  revenues  from its planned
          operations.  It is primarily  engaged in the acquisition,  exploration
          and  development of mining  properties.  Upon location of a commercial
          mineable reserve, the Company expects to actively prepare the site for
          its extraction and enter a development stage.



                                      F-7
<PAGE>

ZEOLITE EXPLORATION COMPANY
(An Exploration Stage Company)
NOTE S TO THE FINANCIAL STATEMENTS
For the Years Ended July 31, 2004 and 2003


2.   SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)

     (c)  Foreign Currency Transactions


          Through the course of business, the Company has received services that
          were billed in a currency  other than the United  States  dollar,  the
          Company's functional currency. Management has elected to value foreign
          currency  transactions  at average  rates of exchange in effect during
          the reporting period.  Realized gains and losses from foreign currency
          transactions are reflected in the results of operations.


     (d)  Cash and Cash Equivalents


          For purposes of the Statement of Cash Flows, the Company considers all
          short term debt  securities  purchased with a maturity of three months
          or less to be cash equivalents.


     (e)  Exploration Costs


          In accordance with  accounting  principles  generally  accepted in the
          United States of America,  the Company expenses  exploration  costs as
          incurred.


     (f)  Provision for Taxes


          At July 31, 2004, the Company had no operating  revenue.  No provision
          for  taxes  or  tax  benefit  have  been  reported  in  the  financial
          statements,  as there is not a measurable  means of  assessing  future
          profits or losses.


     (g)  Basic and Diluted Loss Per Share


          Loss per share was  computed by dividing  the net loss by the weighted
          average number of shares  outstanding  during the period. The weighted
          average number of shares was calculated by taking the number of shares
          outstanding  and  weighting  them by the amount of time that they were
          outstanding.  Basic and diluted loss per shares was the same, as there
          were no common stock equivalents outstanding.


     (h)  Financial Instruments


          The  Company's  financial  instruments  consist  of cash and  accounts
          payable.  Unless otherwise noted, it is management's  opinion that the
          company is not  exposed to  significant  interest,  currency or credit
          risks  arising  from these  financial  instruments.  The fair value of
          these financial instruments  approximates their carrying value, unless
          otherwise noted.


     (i)  Recent Accounting Pronouncements


          SFAS No. 141 - Business  Combinations  and SFAS No. 142 - Goodwill and
          Other Intangible Assets. SFAS No. 141 requires that companies use only
          the purchase  method for  acquisitions  occurring after June 30, 2001.
          SFAS No. 142 required that  goodwill and  intangible  assets  acquired
          after  June 30,  2001  should  no  longer be  amortized  but  reviewed
          annually for impairment.


          SFAS No. 143 -  Accounting  for Asset  Retirement  Obligations  - this
          standard  requires that entities  record the fair value of a liability
          for an  asset  retirement  obligation  in the  period  in  which it is
          incurred.  This standard is effective for fiscal years beginning after
          June 15, 2001.



                                      F-8
<PAGE>

ZEOLITE EXPLORATION COMPANY
(An Exploration Stage Company)
NOTE S TO THE FINANCIAL STATEMENTS
For the Years Ended July 31, 2004 and 2003


2.   SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)

     (i)  Recent Accounting Pronouncements (continued)

          SFAS No. 144 - Accounting for the Impairment or Disposal of Long-Lived
          Assets.  This standard  supercedes  SFAS No. 121 - Accounting  for the
          Impairment  Of  Long-Lived  Assets  and for  Long-Lived  Assets  to be
          Disposed  of.  This  standard   requires  that  businesses   recognize
          impairment when the financial  statement carrying amount of long-lived
          asset or asset group  exceeds  its fair value and is not  recoverable.
          The  provisions  of this  statement  are  effective  for  consolidated
          financial  statements issued for fiscal years beginning after December
          15, 2001.


          SFAS  No.  145 -  Rescission  of  FASB  Statements  No.  4, 44 and 64,
          Amendment of FASB  Statement No. 13, and Technical  Corrections.  SFAS
          145   updates,    clarifies   and   simplifies   existing   accounting
          pronouncements.  SFAS 145 rescinds Statement No. 4, which required all
          gains and losses from  extinguishment of debt to be aggregated and, if
          material, classified as extraordinary items, net of related income tax
          effect.  As a result,  the  criteria in APB Opinion No. 30 will now be
          used to classify  those gains and losses  because  Statement No. 4 has
          been  rescinded.  Statement No. 44 was issued to establish  accounting
          requirements  for the effects of transition to provisions of the Motor
          Carrier  Act of 1980.  Because  the  transition  has  been  completed,
          Statement No. 44 is no longer necessary.


          SFAS No. 146 - Accounting  for Cost  Associated  with Exit or Disposal
          Activities.  SFAS 146 requires companies to recognize costs associated
          with exit or disposal activities when they are incurred rather than at
          the  date  of a  commitment  to an  exit or  disposal  plan.  Previous
          accounting  guidance  was  provided  by  Emerging  Issues  Task  Force
          ("EITF") Issue No. 94-3. SFAS 146 replaces EITF94-3.  The Statement is
          to be applied  prospectively to exit or disposal activities  initiated
          after December 31, 2002.


          SFAS  No.147 -  Acquisition  of  certain  Financial  Institutions,  an
          amendment of SFAS 72 and 144 and SFAS  interpretation  number 9 issued
          October 2002 and relates to acquisitions of financial institutions.


          SFAS No. 148 - Accounting for Stock Based  Compensation-Transition and
          Disclosure,  an amendment of SFAS 123 issued December 2002 and permits
          two  additional  transition  methods for entities  that adopt the fair
          value based method of accounting for stock based employee compensation
          to avoid the ramp-up effect arising from prospective application. This
          statement  also improves the  prominence  and clarity of the pro-forma
          disclosures required by SFAS 123.


          SFAS No. 149 - Amendment  of SFAS 133 on  derivative  instruments  and
          hedging  activities.  This  statement  amends and clarifies  financial
          accounting and reporting for derivative  instruments embedded in other
          contracts  (collectively  referred to as derivatives)  and for hedging
          activities under SFAS 133,  accounting for derivative  instruments and
          hedging activities.


          SFAS No. 150 -  Accounting  for  certain  financial  instruments  with
          characteristics  of  both  liabilities  and  equity.   This  statement
          establishes  standards  for  how an  issuer  classifies  and  measures
          certain financial instruments with characteristics of both liabilities
          and equity.



                                      F-9
<PAGE>

ZEOLITE EXPLORATION COMPANY
(An Exploration Stage Company)
NOTE S TO THE FINANCIAL STATEMENTS
For the Years Ended July 31, 2004 and 2003


2.   SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)

     (i)  Recent Accounting Pronouncements (continued)

          The Company has  adopted  all of the above  standards  and they do not
          have  a  material  impact  on  its  financial  position,   results  of
          operations or cash flows.


3.   COMMON STOCK

     In April  2003,  1,275,000  shares of common  stock were  issued for a cash
     consideration in the amount of $127,500.  These shares were issued pursuant
     to exemption from registration  contained in Section 3(b) of the Securities
     Act of 1933.




















                                      F-10
<PAGE>

                                   SIGNATURES

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

                            ZEOLITE EXPLORATION COMPANY

                            By: /s/ Xiangzhi Chen
                               -------------------------------------------------
                               Xiangzhi Chen,
                               President and Chief Executive Officer

                            Date:  August 3, 2006

     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 on August 3, 2006.

     Signature                                       Title
     ---------                                       -----

                            President and Chief Executive Officer (principal
 /s/  Xiangzhi Chen         executive officer) and Director
--------------------
Xiangzhi Chen
                            Chief Financial Officer (principal financial officer
 /s/ Anhui Guo              and principal accounting officer)
--------------------
Anhui Guo