UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                   FORM 10-KSB

(Mark One)

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

                 For the Fiscal Year Ended December 31, 2005

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

                           Commission File No. 000-49682

                             NEWFIELD ACQUISITION CORP.
-------------------------------------------------------------------------------
                  (Name of Small Business Issuer in its Charter)

                Delaware                                    01-0558022
---------------------------------------     -----------------------------------
 (State or other jurisdiction              (I.R.S. Employer Identification No.)
       of incorporation or organization)

               420 W. Wrightwood Avenue, #329, Chicago, IL     60614
-------------------------------------------------------------------------------
   Address of principal executive offices                 Zip Code

        Issuer's telephone number:                    (773) 477-7359
-------------------------------------------------------------------------------

       SECURITIES REGISTERED UNDER SECTION 12(g) OF THE EXCHANGE ACT

                          Common Stock, $.0001 Par Value
-------------------------------------------------------------------------------
                               (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 past 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  [  ]

      Check if there is no disclosure of delinquent filers in response to Item
405 of Regulation S-B is not contained in the 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 the Form 10-K.
[  ]

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

      State issuer's revenues for its most recent fiscal year:   $ 0.

      State the aggregate market value of the voting and non-voting common
equity held by non-affiliates computed by reference to the price at which the
common equity was sold, or the average bid and asked price of such common
equity, as of a specified date within the past 60 days: Since there is no
trading market for Registrant's securities, no estimate as to the market value
can be given.

      State the number of shares outstanding of each of the issuer's classes
of common equity, as of the latest practicable date: As of April 28, 2006,
there were 5,000,000 shares of our common stock outstanding.

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





                                  TABLE OF CONTENTS




PART I

Item 1.   Description of Business......................................        3
Item 2.   Description of Properties....................................        4
Item 3.   Legal Proceedings............................................        5
Item 4.   Submission of Matters to a Vote of Security Holders..........        5

PART II

Item 5.   Market for Common Equity and Related Stockholder Matters.....        5
Item 6.   Management's Discussion and Analysis or Plan of Operations...        6
Item 7.   Financial Statements.........................................       12
Item 8.   Changes in and Disagreements with Accountants on Accounting
           and Financial Disclosure....................................       19
Item 8A.  Controls and Procedures......................................       20
Item 8B.  Other Information............................................       20

PART III

Item 9.   Directors, Executive Officers, Promoters and Control Persons;
           Compliance with Section 16(a) of the Exchange Act...........       20
Item 10.  Executive Compensation.......................................       21
Item 11.  Security Ownership of Certain Beneficial Owners and
            Management and Related Stockholder Matters.................       22
Item 12.  Certain Relationships and Related Transactions...............       22
Item 13.  Exhibits and Reports on Form 8-K.............................       22
Item 14.  Principal Accountant Fees and Services.......................       23






                                     PART I


Item 1.   DESCRIPTION OF BUSINESS

Newfield Acquisition Corp. (the "Company" or "we") was incorporated under the
laws of the State of Delaware on January 2, 2002. We were formed as a blank
check company for the purpose of seeking to complete a merger or business
acquisition transaction. We have not been involved in any bankruptcy,
receivership or similar proceeding. We have not been involved in any material
reclassification, merger consolidation, or purchase or sale of a significant
amount of assets not in the ordinary course of business.

Since inception we have conducted virtually no business operations other than
organizational activities and filing of periodic reports as required by the
Securities Exchange Act of 1934.  We have no full-time employees and own no
real estate or personal property.

We have voluntarily filed a registration statement on Form 10-SB in order to
become a 12(g) registered company under the Securities Exchange Act of 1934. As
a "reporting company," we may be more attractive to a private acquisition
target because our common stock shares may thereby be quoted on the OTC Bulletin
Board. As a result of filing the registration statement, we are obligated to
file with the Securities and Exchange Commission (the "SEC") certain interim
and periodic reports including an annual report.

We are a blank check company whose business plan is to seek, investigate, and,
if warranted, acquire one or more properties or businesses, and to pursue other
related activities intended to enhance shareholder value.  The acquisition of
a business opportunity may be made by purchase, merger, exchange of stock, or
otherwise, and may encompass assets or a business entity, such as a corporation,
joint venture, or partnership.  We have no capital, and it is unlikely that we
will be able to take advantage of more than one such business opportunity. We
intend to seek opportunities demonstrating the potential of long-term growth as
opposed to short-term earnings.

On August 16, 2005, Newfield Capital Inc., the sole shareholder of the Company
at that time, entered into a Capital Stock Purchase Agreement with Jinchuan
Zhao, an individual ("Zhao"), pursuant to which Zhao acquired 5,000,000 shares
of the Company's common stock, which represented 100% of capital stock of the
Company. The total consideration paid by Zhao for the shares was $1,000. As a
result, Zhao now owns 100% of the Company's issued and outstanding capital
shares.

To date we have not identified any business opportunity, and nor has our
officer, director and promoter had any preliminary contact or discussion with
any specific candidate for acquisition. There are no proposals, arrangements,
or understandings with any representatives of the owners of any business or
company regarding the possibility of an acquisition transaction.

The proposed business activities described herein classify us as a blank check
company. Many states have enacted statutes, rules and regulations limiting the
sale of securities of blank check companies in their respective jurisdictions.
We do not intend to undertake any offering of our securities, either debt or
equity, until such time as we have successfully implemented our business plan
described herein. We have no current plans, proposals, arrangements or
understandings with respect to issuance of additional securities prior to the
location of a merger or acquisition candidate. There have been no arrangements,
agreements (including derivative agreements), contracts that give or will give
anyone else an interest in the Company. Our shareholder has not used our shares
to secure a loan.


Item 2.  DESCRIPTION OF PROPERTY

We own no properties, and we have no current plan to acquire any properties. We
currently maintain a mailing address at the office of Jinchuan Zhao, our
President, at no cost to us. Mr. Zhao has agreed to continue this arrangement
until we complete a business combination.


Item 3.  LEGAL PROCEEDINGS

We are not a party to any material pending legal proceedings.


Item 4.  SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

No matter was submitted to a vote of stockholders in the fourth quarter of
2005.



                                  PART II



Item 5.  MARKET FOR COMMON EQUITY AND RELATED STOCKHOLDER MATTERS

Market Information

There is no trading market for our common stock. There are no current plans,
proposals, arrangements or understandings with any person with regard to the
development of a trading market in any of our securities.

Holders

As of the date of this report, there was one (1) holder of record for our common
shares.  We have only one class of stock outstanding.

Dividends

We have not paid any dividends since our incorporation and there are no current
plans to do so in the foreseeable future.

There are no restrictions in our Articles of Incorporation or Bylaws that
prevent us from declaring dividends. The Delaware Revised Statutes, however, do
prohibit us from declaring dividends, after giving effect to the distribution
of the dividend: (i) we would not be able to pay our debts as they become due
in the usual course of business; or (ii) our total assets would be less than
the sum of our total liabilities plus the amount that would be needed to
satisfy the rights of shareholders who have preferential rights superior to
those receiving the distribution.

Securities Authorized for Issuance under Equity Compensation Plans

We do not have any compensation plan under which equity securities are
authorized for issuance.

Recent Sales of Unregistered Securities

During the period covered by this report, we have not sold any equity
securities that were not registered under the Securities Act of 1933; and we
have not registered any of our securities to be sold under the Securities Act
of 1933.

Rule 144

As of April 28, 2006, there were 5,000,000 shares of common stock issued and
outstanding, all of which are "restricted securities", as that term is defined
under Rule 144 of the Securities Act of 1933. Under Rule 144, such shares can
be publicly sold, subject to volume restrictions and certain restrictions on
the manner of sale, commencing one year after their acquisition. However, the
SEC is of the opinion that Rule 144 is not available for resale transactions
for securities issued by a blank check company like us, and, consequently, the
resale of such securities cannot occur without registration under the Securities
Act. Furthermore, promoters and affiliates of a blank check company and their
transferees would be considered "underwriters" under the Securities Act when
reselling the securities of a blank check company. The SEC also states that
these securities can only be resold through a registered offering. Rule 144
would not be available for those resale transactions despite technical
compliance with the requirements of Rule 144.


Item 6.  MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION

This report contains forward-looking statements. These statements involve known
and unknown risks, uncertainties and other factors that may cause our actual
results, levels of activity, performance or achievements to differ materially
from any future results, levels of activity, performance or achievements
expressed or implied by these forward-looking statements. You can identify
forward-looking statements by terminology such as "may," "will," "should,"
"expects," "intends," "plans," "anticipates," "believes," "estimates,"
"predicts," "potential," "continues" or the negative of these terms or other
comparable terminology. These risks and other factors include those listed
under "Risk Factors Relating to Our Business" and elsewhere in this report.
Although we believe that the expectations reflected in the forward-looking
statements are reasonable, we cannot guarantee future results, levels of
activity, performance or achievements. You should not place undue reliance on
any forward-looking statements as they reflect our management's view only as
of the date of this report. We will not update any forward-looking statements
to reflect events or circumstances that occur after the date on which such
statement is made.

Overview

Our purpose is to seek, investigate and, if such investigation warrants, merge
or acquire an interest in business opportunities presented to us by persons or
companies who or which desire to seek the perceived advantages of a Securities
Exchange Act of 1934 registered corporation. To date we have no particular
acquisition in mind and have not entered into any negotiations regarding such
an acquisition, and neither our officer and director nor any promoter and
affiliate has engaged in any negotiations with any representatives of the owners
of any business or company regarding the possibility of a merger or acquisition
between us and such other company.

Our search will be directed toward small and medium-sized enterprises, which
have a desire to become reporting corporations and which are able to provide
audited financial statements. We do not propose to restrict our search for
business opportunities to any particular geographical area or industry, and
may, therefore, engage in essentially any business, to the extent of our
limited resources. There is no assurance that we will be successful in finding
or acquiring a desirable business opportunity.

Since inception the Company has not conducted any business operations other
than filing a registration statement on Form 10-SB and other reports with the
Securities and Exchange Commission. For the year ended December 31, 2005, the
Company had no revenues, and incurred expenses of $1,200.

Plan of Operation

Our purpose is to seek, investigate and, if such investigation warrants, merge
or acquire an interest in business opportunities presented to us by persons or
companies who or which desire to seek the perceived advantages of a Securities
Exchange Act of 1934 registered corporation. To date we have no particular
acquisitions in mind and have not entered into any negotiations regarding such
an acquisition, and neither our officer and director nor any promoter and
affiliate has engaged in any negotiations with any representatives of the owners
of any business or company regarding the possibility of a merger or acquisition
between us and such other company.

Search for Business Opportunities

Our search will be directed toward small and medium-sized enterprises, which
have a desire to become reporting corporations and which are able to provide
audited financial statements. We do not propose to restrict our search for
business opportunities to any particular geographical area or industry, and
may, therefore, engage in essentially any business, to the extent of its limited
resources. This includes industries such as service, manufacturing, high
technology, product development, medical, communications and others. Our
discretion in the selection of business opportunities is unrestricted, subject
to the availability of such opportunities, economic conditions, and other
factors. No assurance can be given that we will be successful in finding or
acquiring a desirable business opportunity, and no assurance can be given that
any acquisition, which does occur, will be on terms that are favorable to us.

Business opportunities may come to our attention from various sources,
including professional advisers such as attorneys and accountants, venture
capitalists, members of the financial community, and others who may present
unsolicited proposals. In case required by federal securities laws, we intend
to retain a registered broker-dealer to effect the transactions in our
securities.

In the event of a successful merger or acquisition, we may pay a finder's fee,
in the form of cash or common stock in the merged entity retained by us, to
persons instrumental in facilitating the transaction. The amount of any
finder's fee will be subject to negotiation, and cannot be estimated at this
time, but is expected to be comparable to consideration normally paid in like
transactions. Any cash finder's fee earned will need to be paid by the
prospective merger or acquisition candidate, as we have no cash assets with
which to pay such obligation. No fees of any kind will be paid to our promoter
and management or his associates or affiliates.

Evaluation of Business Opportunities

The analysis of business opportunities will be under the supervision of our sole
officer and director, who is not a professional business analyst. In analyzing
prospective business opportunities, we will consider such matters as available
technical, financial and managerial resources; working capital and other
financial requirements; history of operations; prospects for the future; nature
of present and expected competition; the quality and experience of management
services which may be available; the potential for growth or expansion; the
perceived public recognition or acceptance of products, services, or trades;
name identification; and other relevant factors. In many instances, it is
anticipated that the historical operations of a specific business opportunity
may not necessarily be indicative of the potential for the future because of
a variety of factors, including, but not limited to, the possible need to
expand substantially, shift marketing approaches, change product emphasis,
change or substantially augment management, raise capital and the like.

The Exchange Act requires that any merger or acquisition candidates comply with
all applicable reporting requirements, which include providing audited financial
statements to be included in the reporting filings made under the Exchange Act.
Thus, in the event we successfully completes the acquisition of or merger with
an operating business entity, that business entity must provide audited
financial statements for at least two most recent fiscal years or, in the
event the business entity has been in business for less than two years, audited
financial statements will be required from the period of inception. The time
and additional costs that may be incurred by some target entities to prepare
such statements may significantly delay or essentially preclude consummation
of an otherwise desirable acquisition by us. We will not acquire or merge
with any entity that cannot provide audited financial statements at or within
a required period of time after closing of the proposed transaction.

When a non-reporting company becomes the successor of a reporting company by
merger, consolidation, exchange of securities, acquisition of assets or
otherwise, the successor company is required to provide in a Form 8-K current
report the same kind of information that would appear in a registration
statement, including audited and pro forma financial statements. SEC treats
these Form 8-K filings in the same way it treats the registration statements
on Form 10-SB filings. SEC may issue substantive comments on the sufficiency
of the disclosures represented.

Acquisition of a Business Opportunity

In implementing a structure for a particular business combination, we may become
a party to a merger, consolidation, reorganization, joint venture, or licensing
agreement with another entity.  It may also acquire stock or assets of an
existing business. In connection with a merger or acquisition, it is highly
likely that an amount of stock constituting control of us would either be
issued by us or be purchased from our current principal stockholder by the
acquiring entity, and accordingly, the shareholders of the target company,
typically, become the majority of the shareholders of the combined company, the
board of directors and officers of the target company become the new board
and officers of the combined company and often the name of the target company
becomes the name of the combined company.

It is anticipated that any securities issued as a result of consummation of a
business combination will be issued in reliance upon one or more exemptions
from registration under applicable federal and state securities laws to the
extent that such exemptions are available. In some circumstances, however, as
a negotiated element of the transaction, we may agree to register all or a
part of such securities immediately after the transaction is consummated or
at specified times thereafter. If such registration occurs, of which there can
be no assurance, it will be undertaken by the surviving entity after we have
consummated a business combination and we are no longer considered a blank
check company. There are no plans, proposals, arrangements or understandings
with respect to the issuance of additional securities.

While the actual terms of a transaction to which we may be a party cannot be
predicted, it may be expected that the parties to the business transaction will
find it desirable to avoid the creation of a taxable event and thereby
structure the acquisition in a "tax-free" reorganization under Sections 351 or
368 of the Internal Revenue Code of 1986, as amended. In order to obtain tax-
free treatment, it may be necessary for the owners of the surviving entity to
own 80% or more of the voting stock of the surviving entity. In this event,
our existing shareholder would retain less than 20% of the issued and
outstanding shares of the surviving entity, which could result in significant
dilution in the equity of such shareholders. However, treatment as a tax-free
reorganization will not be a condition of any future business combination and
if it is not the case, we will not obtain an opinion of counsel that the
reorganization will be tax-free.

Investment Company Act of 1940

Although we are subject to regulation under the Securities Exchange Act of
1934, we believe we will not be subject to regulation under the Investment
Company Act of 1940, insofar as we will not be primarily engaged in the
business of investing or trading in securities.  In the event we engage in a
business combination that results in us holding passive investment interests in
a number of entities, we could be subject to regulation under the Investment
Company Act of 1940.  In such event, we would be required to register as an
investment company and could be expected to incur significant registration and
compliance costs. We have obtained no formal determination from the SEC as to
our status under the Investment Company Act of 1940 and, consequently, any
violation of such Act would subject us to material adverse consequences.

Liquidity and Capital Resources

At December 31, 2005, we had no assets and no liabilities. We incur expenses
due to the legal and accounting services required to prepare and file periodic
reports with the SEC.  It is anticipated that such expenses will be paid by the
Company's sole shareholder.

As of the date of this report, we have no any other financial sources available.
If the sole shareholder of the Company fails to pay such expenses, there would
be substantial doubt about our ability to continue as a going concern.  It is
not anticipated that we will raise fund, either debt or equity, while we are
still a blank check company. We will not borrow any funds to make any payments
to our promoter or management.


                             RISK FACTORS

Our business is subject to numerous risk factors, including, but not limited to,
the following:

WE HAVE NO OPERATING HISTORY, NO ASSETS, AND NO SOURCE OF REVENUE. We have no
operating history nor any revenues or earnings from operations. We have no
assets or financial resources. We will, in all likelihood, continue to sustain
operating expenses without corresponding revenues, at least until the
consummation of a business combination. This may result in us incurring a net
operating loss until we can consummate a business combination with a target
company. There is no assurance that we can identify such a target company and
consummate such a business combination.

WE HAVE ONLY ONE DIRECTOR AND OFFICER. Because management consists of only one
person, while seeking a business combination, he will be the only person
responsible in implementing our business plan. We do not benefit from multiple
judgments that a greater number of directors or officers would provide, and we
will rely completely on the judgment of our one officer and director when
selecting a target company. We have not entered employment agreement with our
sole executive office. We have not obtained key man life insurance on him.

THE PROPOSED OPERATIONS OF THE COMPANY ARE SPECULATIVE.  The success of our
proposed plan of operation will depend to a great extent on the operations,
financial condition and management of the identified target company.  While
business combinations with entities having established operating histories are
preferred, there can be no assurance that we will be successful in locating
candidates meeting such criteria. The decision to enter into a business
combination will likely be made without detailed feasibility studies,
independent analysis, market surveys or similar information which, if we had
more funds available to it, would be desirable. There is no assurance that we
can identify a target company and consummate a business combination.

CONFLICTS OF INTEREST.  Certain conflicts of interest exist between us and our
sole officer and director, who has other business interests to which he
currently devotes attention, and is expected to continue to do so. As a result,
conflicts of interest may arise that can be resolved only through his exercise
of judgment in a manner which is consistent with fiduciary duties to us. We
will not seek a merger with, or acquisition of, any entity in which management
serves as officer, director or partner, or in which he or his family members
own or hold any ownership interest.

REGULATIONS OF PENNY STOCKS.  The SEC has adopted a number of rules to regulate
"penny stocks."  Such rules include Rule 3a51-1 and Rules 15g-1 through 15g-9
under the Securities Exchange Act of 1934, as amended.  Because our securities
may constitute "penny stocks" within the meaning of the rules (as any equity
security that has a market price of less than $5.00 per share or with an
exercise price of less than $5.00 per share, largely traded in the NASD's OTC
Bulletin Board or the "Pink Sheets"), the rules would apply to the Company and
to its securities.

The SEC has adopted Rule 15g-9 which established sales practice requirements
for certain low price securities.  Unless the transaction is exempt, it shall
be unlawful for a broker or dealer to sell a penny stock to, or to effect the
purchase of a penny stock by, any person unless prior to the transaction: (i)
the broker or dealer has approved the person's account for transactions in
penny stock pursuant to this rule and (ii) the broker or dealer has received
from the person a written agreement to the transaction setting forth the
identity and quantity of the penny stock to be purchased. In order to approve
a person's account for transactions in penny stock, the broker or dealer must:
(a) obtain from the person information concerning the person's financial
situation, investment experience, and investment objectives; (b) reasonably
determine that transactions in penny stock are suitable for that person, and
that the person has sufficient knowledge and experience in financial matters
that the person reasonably may be expected to be capable of evaluating the
risks of transactions in penny stock; (c) deliver to the person a written
statement setting forth the basis on which the broker or dealer made the
determination (i) stating in a highlighted format that it is unlawful for the
broker or dealer to affect a transaction in penny stock unless the broker or
dealer has received, prior to the transaction, a written agreement to the
transaction from the person; and (ii) stating in a highlighted format
immediately preceding the customer signature line that (iii) the broker or
dealer is required to provide the person with the written statement; and (iv)
the person should not sign and return the written statement to the broker or
dealer if it does not accurately reflect the person's financial situation,
investment experience, and investment objectives; and (d) receive from the
person a manually signed and dated copy of the written statement. It is also
required that disclosure be made as to the risks of investing in penny stock
and the commissions payable to the broker-dealer, as well as current price
quotations and the remedies and rights available in cases of fraud in penny
stock transactions. Statements, on a monthly basis, must be sent to the
investor listing recent prices for the Penny Stock and information on the
limited market.

LACK OF MARKET RESEARCH.  We have neither conducted, nor have others made
available to us, results of market research indicating that market demand exists
for the transactions contemplated by us. Even in the event a business
opportunity is identified for a merger or acquisition, there is no assurance we
will be successful in completing any such business combination.

COMPETITION.  We are and will continue to be an insignificant participant in the
business of seeking mergers with, joint ventures with and acquisitions of small
private and public entities. A large number of established and well-financed
entities, including venture capital firms, are active in mergers and
acquisitions of companies that may be desirable target candidates for us.
Nearly all such entities have significantly greater financial resources,
technical expertise and managerial capabilities than us and, consequently, we
will be at a competitive disadvantage in identifying possible business
opportunities and successfully completing a business combination. Moreover, we
will also compete in seeking merger or acquisition candidates with other public
blank check companies, some of which may also have funds available for use by
an acquisition candidate.

PROBABLE CHANGE IN CONTROL AND MANAGEMENT. In conjunction with completion of
a business acquisition, it is anticipated that we will issue an amount of our
authorized but unissued common stock that represents the greater majority of
the voting power and our equity, which will, in all likelihood, result in
shareholders of a target company obtaining a controlling interest in us. As a
condition of the business combination agreement, our current shareholder may
agree to sell or transfer all or a portion of our common stock he owns so to
provide the target company with all or majority control. The resulting changes
in control of us will likely result in removal of our present officer and
director and a corresponding reduction in or elimination of his participation
in our future business affairs.

NO PUBLIC MARKET EXISTS. There is currently no public market for our securities,
and no assurance can be given that a market will develop or that a shareholder
ever will be able to liquidate his investment without considerable delay, if at
all. If a market should develop, the price may be highly volatile. Owing to the
low price of the securities, many brokerage firms may not be willing to effect
transactions in the securities.  Moreover, many lending institutions will not
permit the use of such securities as collateral for any loans.

DOING BUSINESS IN A FOREIGN COUNTRY. We may effectuate a business combination
with a merger target whose business operations or even headquarters, place of
formation or primary place of business are located outside the United States.
In such event we may face significant additional risks associated with doing
business in that country.  In addition to the language barriers, different
presentations of financial information, different business practices, and other
cultural differences and barriers that may make it difficult to evaluate such
a merger target, ongoing business risks result from the international political
situation, uncertain legal systems and applications of law, prejudice against
foreigners, corrupt practices, uncertain economic policies and potential
political and economic instability that may be exacerbated in various foreign
countries.

TAXATION. Federal and state tax consequences will, in all likelihood, be major
considerations in any business combination that we may undertake. Currently,
such transaction may be structured so as to result in tax-free treatment to
both companies, pursuant to various federal and state tax provisions. We intend
to structure any business combination so as to minimize the federal and state
tax consequences to both us and the target entity; however, there can be no
assurance that such business combination will meet the statutory requirements
of a tax- free reorganization or that the parties will obtain the intended tax-
free treatment upon a transfer of stock or assets. A non-qualifying
reorganization could result in the imposition of both federal and state taxes,
which may have an adverse effect on both parties to the transaction.


Item 7.  FINANCIAL STATEMENTS

Pursuant to Section 3-11 of Regulation S-X, we are an inactive entity.
Accordingly, the financial statements required for purposes of reports pursuant
to the Securities Exchange Act of 1934 may be unaudited.





                           NEWFIELD ACQUISITION CORP.
                         (A Development Stage Company)



                                 BALANCE SHEET
                               December 31, 2005
                                  (Unaudited)


                                    ASSETS

CURRENT ASSETS..........................................         $           0
                                                                 -------------

OTHER ASSETS............................................                     0
                                                                 -------------

TOTAL ASSETS............................................         $           0
                                                                 =============

                       LIABILITIES AND STOCKHOLDER'S EQUITY

CURRENT LIABILITIES.....................................         $           0
                                                                 -------------

TOTAL LIABILITIES.......................................                     0
                                                                 -------------
STOCKHOLDER'S EQUITY:
 Preferred Stock, $.0001 par value, 20,000,000 shares
   authorized, none issued and outstanding..............                     -

 Common Stock, $.0001 par value, 80,000,000 shares
   authorized, 5,000,000 issued and outstanding.........                   500

Additional paid-in capital..............................                 4,054
Deficit accumulated during development stage............               (4,554)
                                                                 -------------
Total Stockholder's Equity..............................                     0
                                                                 -------------
TOTAL LIABILITIES AND STOCKHOLDER'S EQUITY..............         $           0
                                                                 =============




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





                            NEWFIELD ACQUISITION CORP.
                          (A Development Stage Company)

                            STATEMENT OF OPERATIONS
                For the Year Ended December 31, 2005 and 2004
                                (Unaudited)


<TABLE>
<CAPTION>

                                                        2005            2004
                                                   --------------   ------------

                                                      <c>            <c>

Sales....................................          $           -     $         -
                                                   --------------   ------------
Operating Expenses:
 General and administrative expenses.....                  1,200           1,000
                                                   --------------   ------------
Total expenses...........................                  1,200           1,000
                                                   --------------   ------------

Income (loss) before income taxes........                (1,200)         (1,000)
                                                   --------------   ------------

Provision for income taxes...............                      -               -

Net loss.................................          $     (1,200)     $   (1,000)
                                                  ==============    ============

Basic and dilluted loss per common share.          $       (.00)     $     (.00)
                                                  ==============    ============
weighted average number
 of common shares outstanding............              5,000,000       5,000,000
                                                  ==============    ============



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

</TABLE>




                              NEWFIELD ACQUISITION CORP.
                            (A Development Stage Company)


                    STATEMENT OF CHANGES IN STOCKHOLDER'S EQUITY
                   For the Years Ended December 31, 2005 and 2004
                                     (Unaudited)

<TABLE>
<CAPTION>


                                        Common Stock         Additional       Deficit Accumulated
                                 Shares         Amount     Paid-in Capital  During Development Stage   Total
                           ----------------  -----------  ---------------   ------------------------  --------

                              <c>             <c>            <c>                 <c>                 <c>
Balance at
 Dec. 31, 2003               5,000,000        $     500    $      1,854      $         (2,354)        $     -

Fair value of
 Expenses contributed               -                -            1,000                     -           1,000

Net loss for the year               -                -          (1,000)                 (1,000)             -

Balance at
  Dec. 31, 2004              5,000,000              500           2,854                 (3,354)             -
                           -----------       -----------    ------------     ------------------     ----------
Fair value of
 Expenses contributed               -                -            1,200                      -          1,200

Net loss for the year
  Ended Dec. 31, 2005               -                -                -                 (1,200)       (1,200)

Balance at
  Dec. 31, 2005             5,000,000        $     500       $    4,054         $       (4,554)      $      0
                           ==========        ==========      ===========      =================    ===========

</TABLE>



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





                           NEWFIELD ACQUISITION CORP.
                        (A Development Stage Company)

                           STATEMENT OF CASH FLOWS
              For the Years Ended December 31, 2005 and 2004
                               (Unaudited)


<TABLE>
<CAPTION>

                                                      2005               2004
                                                -----------------   ----------------

                                                     <c>                <c>
CASH FLOWS FROM OPERATING ACTIVITIES:
 Net loss.................................       $        (1,200)    $       (1,000)
 Adjustment to reconcile net loss
  to net cash used by operating activities                      -                  -
                                                  ---------------    ---------------
Net cash used in operating activities.....                (1,200)            (1,000)
                                                  ---------------    ---------------

CASH FLOWS FROM INVESTING ACTIVITIES......                     -                  -
                                                  ---------------    ---------------
                                                               -                  -
CASH FLOWS FROM FINANCING ACTIVITIES:
 Contributed additional paid-in capital...                 1,200              1,000
                                                  ---------------    ---------------
Net cash provided by financing activities.                 1,200              1,000
                                                  ---------------    ---------------

NET INCREASE (DECREASE)...................                     -                  -
                                                  ---------------    ---------------

CASH AND CASH EQUIVALENTS
  - at Beginning of Period................                     0                  0
                                                  ---------------    ---------------
CASH AND CASH EQUIVALENTS
  - at End of Period......................        $            0      $           0
                                                  ===============    ===============



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

</TABLE>





                            NEWFIELD ACQUISITION CORP.
                         NOTES TO FINANCIAL STATEMENTS
                                 (Unaudited)


Note 1 - BUSINESS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

A.  Organization and Business Operations

Newfield Acquisition Corp. (a development stage company)("the Company") was
incorporated in Delaware on January 2, 2002 to serve as a vehicle to effect a
merger, exchange of capital stock, asset acquisition or other business
combination with a domestic or foreign private business. At December 31, 2005,
the Company had not entered into any negotiations or agreements regarding such
transaction.

The year-end of the Company is December 31st for both book and tax purposes.

B.   Cash and Cash Equivalents

The Company considers all highly liquid investments purchased with an original
maturity of three months or less from the date of purchase that are readily
convertible into cash to be cash equivalents.

C.   Use of Estimates

The preparation of the financial statements in conformity with accounting
principles generally accepted in the United States requires management to make
estimates and assumptions that affect the reported amounts of assets and
liabilities and disclosure of contingent assets and liabilities at the date of
the financial statements and the reported amounts of revenues and expenses
during the reporting period. Actual results could differ from those estimates.

D.  Income Taxes

The Company accounts for income taxes under the Financial Accounting Standards
Board of Financial Accounting Standards No. 109, "Accounting for Income Taxes"
("Statement 109"). Under Statement 109, deferred tax assets and liabilities are
recognized for the future tax consequences attributable to differences between
the financial statement carrying amounts of existing assets and liabilities and
their respective tax basis. Deferred tax assets and liabilities are measured
using enacted tax rates expected to apply to taxable income in the years in
which those temporary differences are expected to be recovered or settled.

Under Statement 109, the effect on deferred tax assets and liabilities of a
change in tax rates is recognized in income in the period that includes the
enactment date. There were no current or deferred income tax expense or benefits
due to the Company not having any material operations for the period ended
December 31, 2005.

E.  Net loss per share

Basic EPS is computed as net income divided by the weighted average number of
both classes of common shares outstanding for the period. Diluted EPS reflects
the potential dilution that could occur from common stock equivalents such as
common shares issuable through stock options, warrants and other convertible
securities. At December 31, 2005 and 2004, the Company had no outstanding
options or warrants, and only basic EPS is reported for the years then ended.

F.  New Accounting Pronouncements

In November 2004, the FASB issued SFAS No. 151, "Inventory Costs, an amendment
of ARB No. 43, Chapter 4." SFAS No. 151 requires certain abnormal expenditures
to be recognized as expenses in the current period. It also requires that the
amount of fixed production overhead allocated to inventory be based on the
normal capacity of the production facilities. The standard is effective for the
fiscal year beginning January 1, 2006. It is not expected that SFAS No. 151
will have a material effect on the company's Consolidated Financial Statements.

In December 2004, the FASB issued SFAS No.152, "Accounting for Real Estate
Time-Sharing Transactions - an amendment of FASB Statements No. 66 and 67
("SFAS 152"). This Statement amends FASB Statement No. 66, Accounting for Sales
of Real Estate, to reference the financial accounting and reporting guidance
for real estate time-sharing transactions that is provided in AICPA Statement
of Position (SOP) 04-2, Accounting for Real Estate Time-Sharing Transactions.
This Statement also amends FASB Statement No. 67, Accounting for Costs and
Initial Rental Operations of Real Estate Projects, to state that the guidance
for (a) incidental operations and (b) costs incurred to sell real estate
projects does not apply to real estate time-sharing transactions. The accounting
for those operations and costs is subject to the guidance in SOP 04-2. This
Statement is effective for financial statements for fiscal years beginning after
June 15, 2005 with earlier application encouraged. The Company does not
anticipate that the implementation of this standard will have a material impact
on its financial position, results of operations or cash flows.

In December 2004, the FASB issued SFAS No. 153, "Exchanges of Nonmonetary
Assets, an amendment of APB Opinion No. 29" effective for nonmonetary asset
exchanges occurring in the fiscal year beginning January 1, 2006. SFAS No. 153
requires that exchanges of productive assets be accounted for at fair value
unless fair value cannot be reasonably determined or the transaction lacks
commercial substance. SFAS No. 153 is not expected to have a material effect
on the company's Consolidated Financial Statements.

In May 2005, the FASB issued SFAS No. 154, "Account Changes and Error
Corrections." This new standard replaces APB Opinion 20, Accounting Changes,
and FASB No. 3, Reporting Accounting Changes in Interim Financial Statements.
Among other changes, SFAS No. 154 requires that a voluntary change in
accounting principle to be applied retrospectively with all prior period
financial statements presented on a new accounting principle, unless it is
impracticable to do so. SFAS No. 154 also provides that (1) a change in method
of depreciating or amortizing a long-lived non-financial asset be accounted
for as a change in estimate (prospectively) that was effected by a change in
accounting principle, and (2) correction of errors in previously issued
financial statements should be termed a "restatement." The new standard is
effective for accounting changes and correction of errors made in fiscal years
beginning after December 15, 2005. The Company believes the adoption of the
provisions of SFAS No. 154 will not have a material impact on the consolidated
financial statements.

Note 2 - STOCKHOLDER'S EQUITY

A.  Preferred Stock

The Company is authorized to issue 20,000,000 shares of preferred stock at
$.0001 par value. At December 31, 2005, there were no shares of the Company's
preferred stock issued and outstanding.

B.  Common Stock

The Company is authorized to issue 80,000,000 shares of common stock at $.0001
par value.  At December 31, 2005, there were 5,000,000 shares of the Company's
common stock issued and outstanding.

C.  Additional Paid-In Capital

Contributed paid-in capital at December 31, 2005 represents the fair value of
the amount of organization, professional costs and other expenses incurred by
the Company and contributed by the Company's controlling shareholder on behalf
of the Company.

Note 3.  RELATED PARTY TRANSACTIONS

The Company currently uses the offices of its president as its mailing address
at no cost to the Company.

Note 4.  GOING CONCERN

The financial statements have been prepared assuming that the Company will
continue as a going concern.  The Company has no current source of revenue and
has incurred accumulated net losses of $4,554 since its inception, all of which
raise substantial doubt about the Company's ability to continue as a going
concern. The financial statements do not include any adjustments relating to
the recoverability and classification of recorded asset amounts or to the
amounts and classification of liabilities that might be necessary should the
Company be unable to continue as a going concern.

The continued support of the Company's controlling stockholder is required in
order for the Company to continue as a going concern. Management's plan is
attempting to complete a business combination with an operating business
entity. The inability of the Company to complete a business combination could
have a material adverse effect on its financial position, results of operations
and its ability to continue operations.


Item 8.  CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND
         FINANCIAL DISCLOSURE

None.


Item 8A.    CONTROLS AND PROCEDURES

Evaluation of disclosure and controls and procedure

With the participation of management our chief executive officer and chief
financial officer have evaluated the effectiveness of the design and operation
of our disclosure controls and procedures (as defined in Rules 13a-15(e) and
15d-15(e) under the Securities Exchange Act of 1934, as amended) as of the end
of the period covered by this report. Based on that evaluation the chief
executive officer and chief financial officer have concluded that our
disclosure controls and procedures are designed to ensure that information
required to be disclosed by us in the reports that we file or submit under the
Exchange Act is recorded, processed, summarized and reported within the time
periods specified in the SEC's rules and forms, and are operating in an
effective manner.

Changes in Internal Controls

There were no changes in our internal control over financial reporting that have
materially affected, or are reasonably likely to materially affect, our internal
control over financial reporting.

It should be noted that any system of controls, however well designed and
operated, can provide only reasonable and not absolute assurance that the
objectives of the system will be met. In addition, the design of any control
system is based in part upon certain assumptions about the likelihood of future
events. Because of these and other inherent limitations of control systems,
there is only reasonable assurance that our controls will succeed in achieving
their stated goals under all potential future conditions.


Item 8B.    OTHER INFORMATION

None.



                                     PART III



Item 9.  DIRECTORS, EXECUTIVE OFFICERS, PROMOTERS AND CONTROL PERSONS;
         COMPLIANCE WITH SECTION 16(A) OF THE EXCHANGE ACT


Currently we have only one director and executive officer as follows:

     Name          Age         Positions and Offices Held
----------------  -----   -------------------------------------------
 Jinchuan Zhao     57      President, Chief Financial Officer, Secretary,
                           and Director

Our director is elected by the shareholders to a term of one year and serves
until his successor is elected and qualified, or until he or she resigns or is
removed from office. Our officers is elected by the board of directors to a term
of one year and serves until his successor is duly elected and qualified, or
until he resigns or is removed from office.

Set forth below is certain biographical information regarding the Company's
current sole executive officer and director:

Jinchun Zhao has been our sole officer and director since August 16, 2005. Since
1996, Mr. Zhao has been the president of ICTI Group, Inc., a small business firm
located in S. Pasadena, California, specializing in export of auto chemicals to
China.

Involvement in Certain Legal Proceedings

Our sole officer and director has not involved in any legal proceedings as
described in Item 401 of Regulation S-B.

Transactions by Blank Check Companies

None.

Section 16(a) Beneficial Ownership Reporting Compliance

Section 16(a) of the Securities Exchange Act of 1934, as amended (the "Exchange
Act"), requires the Company's officers and directors, and persons who
beneficially own more than ten percent of our common stock, to file initial
reports of ownership and reports of changes in ownership with the SEC. Executive
officers, directors and greater than ten percent beneficial owners are required
by SEC regulations to furnish the Company with copies of all Section 16(a) forms
they file. We believe that during the year of 2004, our sole officer and
director was in compliance with Section 16(a) of the Securities Exchange Act of
1934.

Code of Ethics

The Company has not adopted a code of ethics that applies to the Company's
principal executive officer, principal financial officer, principal accounting
officer or controller, or persons performing similar functions, because it has
not commenced development of its business.



Item 10.   EXECUTIVE COMPENSATION


There has been no compensation awarded to, earned by, or paid to the sole
executive officer of the Company during the fiscal years ended December 31,
2005, 2004, or 2003.

The Company has no employment or compensation agreements or arrangements with
sole officer.

The Board of Directors has not adopted any policy in regard to the payment of
fees or other compensation to directors, and no fees or compensation have been
paid to, or accrued by, the present director.


Item 11.  SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT

The following table sets forth certain information regarding the beneficial
ownership as of April 28, 2006, by each person owning more than 5% of our common
stock and the directors and executive officers, and by all officers and
directors, as a group.  Except as noted, the holder thereof has sole voting and
investment power with respect to the shares shown.


                      Name and Address         Amount of          Percentage
   Title of Class   of Beneficial Owner   Beneficial Ownership     of Class
------------------ --------------------   --------------------   ------------
Common Stock           Jinchuan Zhao           5,000,000              100%
                   420 W. Wrightwood Ave.
                   Chicago, IL 60614

Common Stock     All Executive Officers        5,000,000              100%
                 and Directors as a Group (1 person)
----------------------------------------------------------------------------

Changes In Control

There are no arrangements that management is aware of that may result in changes
in control as that term is defined by the provisions of Item 403(c) of
Regulation S-B.  There are no provisions within our Articles or Bylaws that
would delay or prevent a change of control.


Item 12.   CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS

We currently use the office of Jinchuan Zhao, our president, as our mailing
address, for which we pay no rent, and for which Mr. Zhao has agreed to continue
this arrangement until we complete a business combination.


Item 13.  EXHIBITS AND REPORTS ON FORM 8-K

(a) Exhibits

Exhibit No.                 Description
----------   --------------------------------------------------------------
  31.1        Certification pursuant to Section 302 of the Sarbanes-
              Oxley Act of 2002

  32.1        Certification pursuant to Section 906 of the Sarbanes-
              Oxley Act of 2002

(b) Reports on Form 8-K

    None.


Item 14.  PRINCIPAL ACCOUNTANT FEES AND SERVICES

(1) Audit Fees

For the years ended December 31, 2005 and 2004, we are an inactive entity.
Pursuant to Section 3-11 of Regulation S-X, the financial statements required
for purposes of reports pursuant to the Securities Exchange Act of 1934 may be
unaudited.  Therefore, no independent registered public accountants were
engaged for the period covered by this annual report.

(2) Audit-Related Fees: None.

(3) Tax Fees:  None.

(4) All Other Fees:  None.



                                   SIGNATURES


Pursuant to the requirements of Section 13 or 15 (d) 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.



Newfield Acquisition Corp.


By:/s/ Jinchuan Zhao
-------------------------------------------------------------
Jinchuan Zhao, President and Director
(principal executive officer and principal financial officer)

Date: April 28, 2006