U. S. Securities and Exchange Commission
                           Washington, D. C. 20549

                                FORM 10-QSB

[X]    	QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES
        EXCHANGE ACT OF 1934

        For the quarterly period ended March 31, 2006

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

        For the transition period from _____ to _____

                         Commission File No. 0-51012

                          IRON STAR DEVELOPMENT, INC.
               ----------------------------------------------
               (Name of Small Business Issuer in its Charter)


            Utah                                          87-0427336
        ---------------------------------------------------------------
        (State or Other Jurisdiction of       (I.R.S. Employer I.D. No.)
         incorporation or organization)

              41-40 Union Street, Suite 6J, Flushing, NY 11355
              ------------------------------------------------
                  (Address of Principal Executive Offices)

                                718-359-2682
                         --------------------------
                         Issuer's Telephone Number:

         175 South Main Street, No. 1212, Salt Lake City, UT 84111
         ---------------------------------------------------------
               (Former Address, if Changed Since Last Report)

Indicate by check mark whether the Registrant (1) has filed all
reports required to be filed by Sections 13 or 15(d) of the Securities
Exchange Act of 1934 during the preceding 12 months (or for such
shorter period that the Registrant was required to file such reports),
and (2) has been subject to such filing requirements for the past 90
days.   Yes  [X]   No  [ ]

Indicate by check mark whether the registrant is a shell company (as
defined in Rule 12b-2 of the Exchange Act)  Yes  [X]   No [ ]

APPLICABLE ONLY TO CORPORATE ISSUERS:  Indicate the number of shares
outstanding of each of the Registrant's classes of common stock, as of
the latest practicable date:
                             May 12, 2006
                             Common Voting Stock: 307,899

Transitional Small Business Disclosure Format (check one): Yes  [ ]  No [X]

<PAGE>
                        IRON STAR DEVELOPMENT, INC.
                       (A Development Stage Company)
                             Balance Sheets

                                                     March       December
                                                    31, 2006     31, 2005
                                                   ----------   ----------
                                                  (Unaudited)
ASSETS

Total Assets                                       $      -      $      -
                                                    =======       =======
LIABILITIES AND STOCKHOLDERS' EQUITY
 Current Liabilities
  Accounts Payable                                 $  2,801      $      -
  Accounts Payable - Related Party                   13,248        13,248
                                                    -------       -------
Total Current Liabilities                            16,049        13,248
                                                    -------       -------
Total Liabilities                                    16,049        13,248
                                                    -------       -------
Stockholders' Equity
 Common Stock 40,000,000 Shares Authorized at
  $.001 Par Value; 307,899 Shares Issued and
  Outstanding, Retroactively Restated                   307           307
 Additional Paid in Capital                          (1,027)       (1,027)
 Accumulated Deficit since December 31, 2002
  when a deficit of $260,718 was eliminated
  in connection with a quasi-reorganization         (15,329)      (12,528)
                                                    -------       -------
Total Stockholders' Equity                          (16,049)      (13,248)
                                                    -------       -------
Total Liabilities and Stockholders' Equity         $      -      $      -
                                                    =======       =======


The accompanying notes are an integral part of these financial statements.

                                     -2-
<PAGE>

                         IRON STAR DEVELOPMENT, INC.
                        (A Development Stage Company)
                          Statements of Operations
                                 (Unaudited)

                                                 For the Three Months Ended
                                                         March 31,
                                                     2006         2005
                                                 -----------   ----------
Revenue                                          $        -   $        -
                                                  ---------     --------

Expenses
 General and Administrative                           2,801        5,852
                                                  ---------     --------
Total Expenses                                        2,801        5,852
                                                  ---------     --------
Income (Loss) From Operations                        (2,801)      (5,852)
                                                  ---------     --------
Income (Loss) Before Taxes                           (2,801)      (5,852)

Taxes                                                     -            -
                                                  ---------     --------
Net (Loss)                                       $  (2,801)    $  (5,852)
                                                  ========      ========
Basic Earnings Per Share:
 Loss Per Common Share                           $    (.01)    $    (.02)
                                                  ========      ========
Weighted Average Outstanding Shares
 Retroactively Restated                            307,899       307,899
                                                  ========      ========


The accompanying notes are an integral part of these financial statements.

                                     -3-
<PAGE>

IRON STAR DEVELOPMENT, INC.
(A Development Stage Company)
Statements of Cash Flows
(Unaudited)

                                                 For the Three Months Ended
                                                         March 31,
                                                     2006        2005
                                                  ---------    ---------
Cash Flows from Operating Activities
 Net Loss                                        $  (2,801)   $   (5,852)
 Adjustments to Reconcile Net Income to
  Net Cash Provided by Operating Activities:
   Increase (Decrease) in Taxes Payable                  -             -
   Increase (Decrease) in Accounts
     Payable-Related Party                               -         3,294
   Increase (Decrease) in Accounts Payable           2,801         2,558
                                                  --------      --------
 Net Cash Provided by Operating Activities               -             -
                                                  --------      --------

Cash Flows from Investing Activities                     -             -
                                                  --------      --------
  Net Cash Provided by Investing Activites               -             -
                                                  --------      --------

Cash Flows from Financing Activities                     -             -
                                                  --------      --------
  Net Cash Provided by Financing Activities              -             -
                                                  --------      --------

Net Increase (Decrease) In Cash                          -             -

Cash, Beginning of Period                                -             -
                                                  --------      --------

Cash, End of Period                              $       -     $       -
                                                  ========      ========

Supplemental Cash Flow Information
----------------------------------
 Interest                                         $     -      $       -
 Income Taxes                                           -              -


The accompanying notes are an integral part of these financial statements.

                                     -4-
<PAGE>
                        Iron Star Development, Inc.
                       (A Development Stage Company)
                     Notes to the Financial Statements
                             March 31, 2006

NOTE 1 - CORPORATE HISTORY
--------------------------

Iron Star Development, Inc. (the "Company") was incorporated in Utah on
October 18, 1985, as Brittney Development, Inc., for the purpose of
seeking and consummating a merger or acquisition with a business entity
organized as a private corporation, partnership, or sole proprietorship
as defined by Statement of Financial Accounting Standards (SFAS) No. 7.

The Company has yet to fully develop any material income from its stated
primary objective and it is classified as a development stage company.
However, the Company is currently seeking a business opportunity to merge
with or acquire, but to date has not located any such business
opportunities.  There is no assurance that the Company will be successful
in finding any business opportunity to merge with or acquire.

NOTE 2 - SIGNIFICANT ACCOUNTING POLICIES
----------------------------------------

Cash and Cash Equivalents - The Company considers all highly liquid
investments with maturities of three months or less to be cash equivalents.

Earnings (Loss) Per Share - The computation of earnings per share of
common stock is based on the weighted average number of shares
outstanding at the date of the financial statements.

Use of Estimates - The preparation of financial statements in conformity
with generally accepted accounting principles requires management to make
estimates and assumptions that affect reported amounts of assets and
liabilities, disclosure of contingent assets and liabilities at the date
of the financial statements and revenues and expenses during the
reporting period.  In these financial statements, assets, liabilities and
earnings involve extensive reliance on management's estimates.  Actual
results could differ from those estimates.

Fair Value of Financial Instruments- The fair value of the Company's cash
and cash equivalents, receivables, accounts payable and accrued
liabilities approximate carrying value based on their effective interest
rates compared to current market prices.


NOTE 3 -INCOME TAXES
--------------------

The Company adopted Statement of Financial Accounting Standards No. 109
"ACCOUNTING FOR INCOME TAXES" in the fiscal year ended December 31, 2002
and has applied the provisions of the statement to the current year which
resulted in no significant adjustment.

Statement of Financial Accounting Standards No. 109 "ACCOUNTING FOR
INCOME TAXES" requires an asset and liability approach for financial
accounting and reporting for income tax purposes.  This statement
recognizes (a) the amount of taxes payable or refundable for the current
year and (b) deferred tax liabilities and assets for future tax
consequences of events that have been recognized in the financial
statements or tax returns.
Iron Star Development, Inc.
                                     -5-
<PAGE>
                       (A Development Stage Company)
                     Notes to the Financial Statements
                             March 31, 2006

NOTE 3 -INCOME TAXES (Continued)
--------------------

Deferred income taxes result from temporary differences in the
recognition of accounting transactions for tax and financial reporting
purposes.  There were no temporary differences at March 31, 2006 and
earlier years; accordingly, no deferred tax liabilities have been
recognized for all years.

The Company has cumulative net operating loss carryforwards of $15,329 at
March 31, 2006.  No effect has been shown in the financial statements for
the net operating loss carryforwards as the likelihood of future tax
benefit from such net operating loss carryforwards is not presently
determinable.  Accordingly, the potential tax benefits of the net
operating loss carryforwards, estimated based upon current tax rates at
March 31, 2006 have been offset by valuation reserves in the same amount.
 The net operating losses begin to expire in 2023.


NOTE 4 - QUASI-REORGANIZATION
-----------------------------

The Board of Directors determined that it would be in the best interest
of the Company to implement a quasi-reorganization effective December 31,
2002.  The effect of this transaction is that $260,718 of accumulated
deficit was charged to additional paid-in capital.  The quasi-
reorganization adjustment will have no effect on the Company's cash flow
or tax basis but result in a balance sheet that better reflects the
financial position of the Company.

NOTE 5 - RELATED PARTY TRANSACTIONS
-----------------------------------

Since 2002, the president of the Company has paid $13,248 of operating
expenses in behalf of the Company.  This balance still remained at March
31, 2006, but was forgiven by the president subsequent to that date.

NOTE 6 - GOING CONCERN
----------------------

The Company's financial statements are prepared using generally accepted
accounting principles applicable to a going concern which contemplates
the realization of assets and liquidation of liabilities in the normal
course of business.  Currently, the Company has no cash or other material
assets, nor does it have an established source of revenues sufficient to
cover any anticipated operating costs to allow it to continue as a going
concern.  It is the intent of the Company to find additional capital
funding and/or a profitable business venture to acquire or merge.


NOTE 7 - RECENT ACCOUNTING PRONOUNCEMENTS
-----------------------------------------

In May 2005, the FASB issued SFAS No. 154, "ACCOUNTING CHANGES AND ERROR
CORRECTIONS".   This Statement replaces APB Opinion No. 20 and SFAS No.
3.  APB Opinion No. 20 previously required that most voluntary changes in
accounting principle be recognized by including the cumulative effect of
Iron Star Development, Inc.
                                      -6-

<PAGE>
                         (A Development Stage Company)
                       Notes to the Financial Statements
                                March 31, 2005

NOTE 7 - RECENT ACCOUNTING PRONOUNCEMENTS (Continued)
-----------------------------------------

changing to the new accounting principle in net income of the period of
the change. SFAS No. 154 requires retrospective application to prior
periods' financial statements of changes in accounting principle, unless
it is impracticable to determine either the period-specific effects or
the cumulative effect of the change.  When it is impracticable to
determine the period-specific effects of an accounting change on one or
more individual prior periods presented, this Statement requires that the
new accounting principle be applied to the balances of assets and
liabilities as of the beginning of the earliest period for which
retrospective application is practicable and that a corresponding
adjustment be made to the opening balance of retained earnings for that
period, rather than being reported in an income statement.  The new
standard will be effective for accounting changes and corrections of
errors made in fiscal years beginning after December 15, 2005. The
Company believes the adoption of new standard will not have a material
effect on its financial position, results of operations, cash flows, or
previously issued financial reports.


NOTE 8 - SUBSEQUENT EVENT
-------------------------

On March 7, 2006, a share purchase agreement was entered into between the
president of the company and Mrs. Tian Ling of Harbin, China.  The
agreement provided that Mrs. Tian would purchase 165,441 shares of common
stock for payment of $525,000, which shares represent approximately 53%
of the issued and outstanding shares of the Company.  On March 17, 2006,
the Company filed a Form 14f-1 which gave notice of the change in
control. In addition, the Company was obligated to file its annual report
on Form 10-KSB and the Company's current directors would resign and
increase the number of directors to four and appoint four directors:
Tian Ling, Xie Guihong, Du Song, and Lao Chengxu. The closing of the
share purchase, the resignations and the appointments of the new
directors occurred on April 3, 2006.

                                     -7-
<PAGE>

ITEM 2.  MANAGEMENT DISCUSSION AND ANALYSIS

Plan of Operations

     We intend to negotiate for one or more acquisitions of operating
businesses or properties, preferably in fields with which our Management
is familiar.  Any acquisition that we make is likely to involve the
issuance of a large number of shares of capital stock.  If, in the
alternative, we initiate a new business, it will be likewise likely that
we will finance the new operations by selling a large number of shares of
capital stock.

Liquidity and Capital Resources

     On March 31, 2006, the Company had no operating assets and $13,248
in liabilities, all of which were owed to the then-President of the
Company.  On April 3, 2006 the President sold his interest in the Company
and resigned from his position as officer and director.  In connection
with that transition, the President waived all debts owed to him by the
Company.

     Our new President, Tian Ling, will fund the administrative expenses
of our Company until we initiate or acquire a new business operation.
Accordingly, although we have no operations or assets, we expect that our
Company can sustain its business for the next year and the foreseeable
future.

Off-Balance Sheet Arrangements

     We do not have any off-balance sheet arrangements that have or are
reasonably likely to have a current or future effect on our financial
condition or results of operations.

ITEM 3.  CONTROLS AND PROCEDURES

     Evaluation of Disclosure Controls and Procedures.  Tian Ling, our
Chief Executive Officer, and Du Song, our Chief Financial Officer,
carried out an evaluation of the effectiveness of the Company's
disclosure controls and procedures as of March 31, 2006.  Pursuant to
Rule13a-15(e) promulgated by the Securities and Exchange Commission
pursuant to the Securities Exchange Act of 1934, "disclosure controls and
procedures" means controls and other procedures that are designed to
insure that information required to be disclosed by the Company in the
reports that it files with the Securities and Exchange Commission is
recorded, processed, summarized and reported within the time limits
specified in the Commission's rules.  "Disclosure controls and
procedures" include, without limitation, controls and procedures designed
to insure that information the Company is required to disclose in the
reports it files with the Commission is accumulated and communicated to
our Chief Executive Officer and Chief Financial Officer as appropriate to
allow timely decisions regarding required disclosure.  Based on his
evaluation, Ms. Tian and Ms. Du concluded that the Company's system of
disclosure controls and procedures was effective as of March 31, 2006 for
the purposes described in this paragraph.

     Changes in Internal Controls.  There was no change in internal
controls over financial reporting (as defined in Rule 13a-15(f)
promulgated under the Securities Exchange Act or 1934) identified in
connection with the evaluation described in the preceding paragraph that
occurred during the Company's first fiscal quarter that has materially
affected or is reasonably likely to materially affect the Company's
internal control over financial reporting.

PART II   -   OTHER INFORMATION

Item 6.	Exhibits

     31.1    Rule 13a-14(a) Certification - Chief Executive Officer
     31.2    Rule 13a-14(a) Certification - Chief Financial Officer
     32      Rule 13a-14(b) Certification


                                 SIGNATURES

       Pursuant to the requirements of the Securities Exchange Act of
1934, the Registrant has duly caused this Report to be signed  on
its behalf by the undersigned thereunto duly authorized.

                                     IRON STAR DEVELOPMENT, INC.


Date: May 12, 2006                   By: /s/ Tian Ling
                                         ----------------------------------
                                         Tian Ling, Chief Executive Officer

                                     By: /s/ Du Song
                                         -----------------------------------
                                         Du Song, Chief Financial Officer,
                                          Chief Accounting Officer