| UNITED STATES                                                                                  |
|------------------------------------------------------------------------------------------------|
| SECURITIES AND EXCHANGE COMMISSION                                                             |
| WASHINGTON, D.C. 20549                                                                         |
|                                                                                           |
| FORM 10-Q                                                                                      |
|                                                                                           |
| x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THESECURITIES EXCHANGE ACT OF 1934  |
|                                                                                           |
| For the quarterly period ended March 31, 2011                                                  |
|                                                                                           |
| OR                                                                                             |
|                                                                                           |
| o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THESECURITIES EXCHANGE ACT OF 1934 |
|                                                                                           |
| For the transition period from ______________ to ______________                                |
|                                                                                           |
| Commission file number 000-53169                                                               |
|                                                                                           |
| TEEN EDUCATION GROUP, INC.                                                                     |
| (Exact Name of Registrant as Specified in Its Charter)                                         |

| Delaware                                                      |   | 26-032648                         |
|---------------------------------------------------------------|--------|-----------------------------------|
| (State or Other Jurisdiction of Incorporationor Organization) |   | (IR.S. EmployerIdentificationNo.) |
|                                                          |   |                              |
| NO. 288 Maodian Road                                          |   |                              |
| Liantang Industrial Park, Qingpu District                     |   |                              |
| Shanghai, PRC                                                 |   | N/A                               |
| (Address of Principal Executive Offices)                      |   | (Zip Code)                        |

| +86 21-39252120                                                                                                                                                                                                                                                                                                                                           |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (Registrant’s Telephone Number, Including Area Code)                                                                                                                                                                                                                                                                                                |
|                                                                                                                                                                                                                                                                                                                                                      |
| Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 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 o                                                                                                                                                                                                                                                                                                                                                |
|                                                                                                                                                                                                                                                                                                                                                      |
| Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act.                   |

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| PART I - FINANCIAL INFORMATION                                                              | 2      |
|---------------------------------------------------------------------------------------------|--------|
|                                                                                        |   |
| UAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS                                        | 2      |
|                                                                                        |   |
| CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED                                            | 2      |
|                                                                                        |   |
| CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)                                 | 3      |
|                                                                                        |   |
| CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED)                                 | 4      |
|                                                                                        |   |
| NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS                              | 5      |
|                                                                                        |   |
| MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS | 14     |
|                                                                                        |   |
| QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK                                  | 23     |
|                                                                                        |   |
| CONTROLS AND PROCEDURES                                                                     | 23     |
|                                                                                        |   |
| PART II — OTHER INFORMATION                                                           | 25     |
|                                                                                        |   |
| LEGAL PROCEEDINGS                                                                           | 25     |
|                                                                                        |   |
| RISK FACTORS                                                                                | 25     |
|                                                                                        |   |
| UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS                                 | 25     |
|                                                                                        |   |
| DEFAULTS UPON SENIOR SECURITIES                                                             | 25     |
|                                                                                        |   |
| SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS                                         | 25     |
|                                                                                        |   |
| OTHER INFORMATION                                                                           | 25     |
|                                                                                        |   |
| EXHIBITS                                                                                    | 25     |
|                                                                                        |   |
| SIGNATURES                                                                                  | 26     |

----

|                                                                                                                                                                           |   | March 31, 2011 |      |   | June 30, 2010 |   |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------------------------|-----------|--------|-------------------------|--------|
| ASSETS                                                                                                                                                                         |   |                     |      |   |                    |   |
|                                                                                                                                                                           |   |                     |      |   |                    |   |
| Current assets:                                                                                                                                                                |   |                     |      |   |                    |   |
| Cash and cash equivalents                                                                                                                                                      |   | $                        | 736,338   |   |                    | $      | 2,786,069 |   |
| Accounts receivable, net                                                                                                                                                       |   |                     | 2,854,512 |   |                    |   | 1,148,177 |   |
| Inventory                                                                                                                                                                      |   |                     | 4,307,975 |   |                    |   | 3,676,681 |   |
| Other receivables, net                                                                                                                                                         |   |                     | 62,191    |   |                    |   | 171,341 |   |
| Value added tax recoverable                                                                                                                                                    |   |                     | 440,458   |   |                    |   | 237,292 |   |
| Advance to vendors                                                                                                                                                             |   |                     | 407,722   |   |                    |   | 1,037,363 |   |
| Prepaid expenses                                                                                                                                                               |   |                     | 142,042   |   |                    |   | 52,037 |   |
| Loan to outside parties                                                                                                                                                        |   |                     | -         |   |                    |   | 1,327,159 |   |
|                                                                                                                                                                           |   |                     |      |   |                    |   |   |   |
| Total current assets                                                                                                                                                           |   |                     | 8,951,238 |   |                    |   | 10,436,119 |   |
|                                                                                                                                                                           |   |                     |      |   |                    |   |   |   |
| Property and equipment, net                                                                                                                                                    |   |                     | 353,924   |   |                    |   | 310,280 |   |
|                                                                                                                                                                           |   |                     |      |   |                    |   |   |   |
| Total assets                                                                                                                                                                   |   | $                        | 9,305,162 |   |                    | $      | 10,746,399 |   |
|                                                                                                                                                                           |   |                     |      |   |                    |   |   |   |
| LIABILITIES AND STOCKHOLDERS' EQUITY                                                                                                                                           |   |                     |      |   |                    |   |   |   |
|                                                                                                                                                                           |   |                     |      |   |                    |   |   |   |
| Current liabilities:                                                                                                                                                           |   |                     |      |   |                    |   |   |   |
| Short-term borrowings                                                                                                                                                          |   |                     | 3,817,610 |   |                    |   | 3,686,554 |   |
| Accounts payable                                                                                                                                                               |   |                     | 624,467   |   |                    |   | 748,310 |   |
| Advances from customers                                                                                                                                                        |   |                     | 160,058   |   |                    |   | 103,978 |   |
| Accrued expenses and other liabilities                                                                                                                                         |   |                     | 56,035    |   |                    |   | 10,462 |   |
| Taxes payable                                                                                                                                                                  |   |                     | 91,555    |   |                    |   | 59,578 |   |
| Due to related parties                                                                                                                                                         |   |                     | 4,532,872 |   |                    |   | 5,936,768 |   |
|                                                                                                                                                                           |   |                     |      |   |                    |   |   |   |
| Total current liabilities                                                                                                                                                      |   |                     | 9,282,597 |   |                    |   | 10,545,650 |   |
|                                                                                                                                                                           |   |                     |      |   |                    |   |   |   |
| Stockholders' equity                                                                                                                                                           |   |                     |      |   |                    |   |   |   |
| Preferred Stock, $.01 par value, 5,000,000 shares authorized, none issued or outstanding.                                                                                      |   |                     |      |   |                    |   |   |   |
| Common Stock, $0.001 par value, 100,000,000 shares authorized, 2,500,000 shares and 2,250,000 shares issued and outstanding at March 31, 2011 and June 30, 2010, respectively. |   |                     | 2,500     |   |                    |   | 2,250 |   |
| Additional paid in capital                                                                                                                                                     |   |                     | 142,197   |   |                    |   | 142,447 |   |
| Retained earnings                                                                                                                                                              |   |                     | (151,940  | )      |                    |   | 56,876 |   |
| Statutory reserves                                                                                                                                                             |   |                     | 27,123    |   |                    |   |   |   |
| Accumulated other comprehensive income (loss)                                                                                                                                  |   |                     | 2,685     |   |                    |   | (824 | ) |
|                                                                                                                                                                           |   |                     |      |   |                    |   |   |   |
| Total stockholders' equity                                                                                                                                                     |   |                     | 22,565    |   |                    |   | 200,749 |   |
|                                                                                                                                                                           |   |                     |      |   |                    |   |   |   |
| Total Liabilities and Stockholders' Equity                                                                                                                                     |   |                     | 9,305,162 |   |                    |   | 10,746,399 |   |

----

|                                         |   | For The Three Months Ended March 31, |      |   | For The Nine Months Ended March 31, |   |
|----------------------------------------------|--------|--------------------------------------------------------------------|-----------|--------|-------------------------------------------------------------------|--------|
|                                         |   | 2011                                                               |      |   | 2010                                                              |   |   | 2011 |   |   | 2010 |   |
|                                         |   |                                                               |      |   |                                                              |   |   |   |   |   |   |   |
| Revenues                                     |   |                                                               |      |   |                                                              |   |   |   |   |   |   |   |
| Automotive supplies revenue                  |   |                                                               | 3,068,255 |   |                                                              |   | 874,669 |   |   |   | 11,875,872 |   |   |   | 2,263,629 |   |
| Automotive maintenance service               |   |                                                               | -         |   |                                                              |   | 205,008 |   |   |   | 185,124 |   |   |   | 641,059 |   |
| Total revenues                               |   |                                                               | 3,068,255 |   |                                                              |   | 1,079,677 |   |   |   | 12,060,996 |   |   |   | 2,904,688 |   |
|                                         |   |                                                               |      |   |                                                              |   |   |   |   |   |   |   |   |   |   |   |
| Cost of revenues                             |   |                                                               |      |   |                                                              |   |   |   |   |   |   |   |   |   |   |   |
| Cost of automotive supplies revenue          |   |                                                               | 2,687,938 |   |                                                              |   | 757,690 |   |   |   | 10,158,887 |   |   |   | 1,870,236 |   |
| Cost of maintenance service                  |   |                                                               | -         |   |                                                              |   | 12,471 |   |   |   | 11,107 |   |   |   | 53,455 |   |
| Total cost of revenues                       |   |                                                               | 2,687,938 |   |                                                              |   | 770,161 |   |   |   | 10,169,994 |   |   |   | 1,923,691 |   |
|                                         |   |                                                               |      |   |                                                              |   |   |   |   |   |   |   |   |   |   |   |
| Gross profit                                 |   |                                                               | 380,317   |   |                                                              |   | 309,516 |   |   |   | 1,891,002 |   |   |   | 980,997 |   |
|                                         |   |                                                               |      |   |                                                              |   |   |   |   |   |   |   |   |   |   |   |
| Selling, general and administrative expenses |   |                                                               | 684,480   |   |                                                              |   | 246,390 |   |   |   | 1,688,763 |   |   |   | 822,386 |   |
|                                         |   |                                                               |      |   |                                                              |   |   |   |   |   |   |   |   |   |   |   |
| Operating income (loss)                      |   |                                                               | (304,163  | )      |                                                              |   | 63,126 |   |   |   | 202,239 |   |   |   | 158,611 |   |
|                                         |   |                                                               |      |   |                                                              |   |   |   |   |   |   |   |   |   |   |   |
| Other expense (income)                       |   |                                                               |      |   |                                                              |   |   |   |   |   |   |   |   |   |   |   |
| Interest income                              |   |                                                               | (275      | )      |                                                              |   | (53 | ) |   |   | (1,259 | ) |   |   | (123 | ) |
| Interest expenses                            |   |                                                               | 55,208    |   |                                                              |   | - |   |   |   | 161,401 |   |   |   | - |   |
| Other expenses                               |   |                                                               | (11,908   | )      |                                                              |   | 943 |   |   |   | 2,475 |   |   |   | 2,541 |   |
| Total other expenses (income)                |   |                                                               | 43,025    |   |                                                              |   | 890 |   |   |   | 162,617 |   |   |   | 2,418 |   |
|                                         |   |                                                               |      |   |                                                              |   |   |   |   |   |   |   |   |   |   |   |
| Income (loss) before income taxes            |   |                                                               | (347,188  | )      |                                                              |   | 62,237 |   |   |   | 39,622 |   |   |   | 156,193 |   |
|                                         |   |                                                               |      |   |                                                              |   |   |   |   |   |   |   |   |   |   |   |
| Provision for income taxes                   |   |                                                               | 105,053   |   |                                                              |   | 15,559 |   |   |   | 221,314 |   |   |   | 87,934 |   |
|                                         |   |                                                               |      |   |                                                              |   |   |   |   |   |   |   |   |   |   |   |
| Net income (loss)                            |   | $                                                                  | (452,241  | )      |                                                              | $      | 46,678 |   |   | $ | (181,692 | ) |   | $ | 68,259 |   |
|                                         |   |                                                               |      |   |                                                              |   |   |   |   |   |   |   |   |   |   |   |
| Other comprehensive income ( loss)           |   |                                                               |      |   |                                                              |   |   |   |   |   |   |   |   |   |   |   |
| Foreign currency translation gain(loss)      |   |                                                               | (6,308    | )      |                                                              |   | 54 |   |   |   | 3,509 |   |   |   | 141 |   |
|                                         |   |                                                               |      |   |                                                              |   |   |   |   |   |   |   |   |   |   |   |
| Comprehensive income (loss)                  |   | $                                                                  | (458,549  | )      |                                                              | $      | 46,732 |   |   | $ | (178,183 | ) |   | $ | 68,400 |   |
|                                         |   |                                                               |      |   |                                                              |   |   |   |   |   |   |   |   |   |   |   |
| Basic and diluted income per common share    |   |                                                               |      |   |                                                              |   |   |   |   |   |   |   |   |   |   |   |
| Basic and diluted                            |   | $                                                                  | (0.18     | )      |                                                              | $      | 0.02 |   |   | $ | (0.08 | ) |   | $ | 0.03 |   |
|                                         |   |                                                               |      |   |                                                              |   |   |   |   |   |   |   |   |   |   |   |
| Weighted average common shares outstanding   |   |                                                               |      |   |                                                              |   |   |   |   |   |   |   |   |   |   |   |
| Basic and diluted                            |   |                                                               | 2,500,000 |   |                                                              |   | 2,250,000 |   |   |   | 2,377,289 |   |   |   | 2,250,000 |   |

----

|                                                                                 |   | For The Nine Month Ended March 31, |       |
|--------------------------------------------------------------------------------------|--------|------------------------------------------------------------------|------------|
|                                                                                 |   | 2011                                                             |       |   | 2010 |   |
|                                                                                 |   |                                                             |       |   |   |   |
| Cash flows from operating activities                                                 |   |                                                             |       |   |   |   |
| Net income (loss)                                                                    |   | $                                                                | (181,692   | ) |   | $ | 68,259 |   |
| Adjustments to reconcile net income (loss) to net cash used in operating activities: |   |                                                             |       |   |   |   |   |   |
| Depreciation                                                                         |   |                                                             | 60,869     |   |   |   | 56,489 |   |
| Allowance for doubtful accounts                                                      |   |                                                             | (29,202    | ) |   |   | 650 |   |
| Inventory allowance                                                                  |   |                                                             | 10,122     |   |   |   | - |   |
|                                                                                 |   |                                                             |       |   |   |   |   |   |
| Changes in assets and liabilities:                                                   |   |                                                             |       |   |   |   |   |   |
| (Increase) decrease in -                                                             |   |                                                             |       |   |   |   |   |   |
| Account receivables                                                                  |   |                                                             | (1,610,813 | ) |   |   | (424,441 | ) |
| Inventory                                                                            |   |                                                             | (501,698   | ) |   |   | (1,066,117 | ) |
| Other receivables                                                                    |   |                                                             | 117,654    |   |   |   | (231,322 | ) |
| Value added tax recoverable                                                          |   |                                                             | (191,224   | ) |   |   | (13,086 | ) |
| Prepaid expenses                                                                     |   |                                                             | (86,568    | ) |   |   | (32,758 | ) |
| Advance to vendors                                                                   |   |                                                             | 654,518    |   |   |   | (46,367 | ) |
|                                                                                 |   |                                                             |       |   |   |   |   |   |
| Increase (decrease) in -                                                             |   |                                                             |       |   |   |   |   |   |
| Accounts payable                                                                     |   |                                                             | (147,736   | ) |   |   | 71,467 |   |
| Accrued expenses and other liabilities                                               |   |                                                             | 44,387     |   |   |   | 46,114 |   |
| Advance from customers                                                               |   |                                                             | 51,441     |   |   |   | 61,985 |   |
| Tax payable                                                                          |   |                                                             | 29,322     |   |   |   | 127,917 |   |
|                                                                                 |   |                                                             |       |   |   |   |   |   |
| Net cash provided by (used in) operating activities                                  |   |                                                             | (1,780,622 | ) |   |   | (1,381,210 | ) |
|                                                                                 |   |                                                             |       |   |   |   |   |   |
| Cash flows from investing activities                                                 |   |                                                             |       |   |   |   |   |   |
| Proceeds from loan to outside party                                                  |   |                                                             | 1,349,593  |   |   |   | - |   |
| Purchase of fixed assets                                                             |   |                                                             | (92,896    | ) |   |   | (288,924 | ) |
|                                                                                 |   |                                                             |       |   |   |   |   |   |
| Net cash provided by (used in) investing activities                                  |   |                                                             | 1,256,697  |   |   |   | (288,924 | ) |
|                                                                                 |   |                                                             |       |   |   |   |   |   |
| Cash flows from financing activities                                                 |   |                                                             |       |   |   |   |   |   |
| Proceeds (payments) from (to) related parties                                        |   |                                                             | (1,585,866 | ) |   |   | 1,812,094 |   |
|                                                                                 |   |                                                             |       |   |   |   |   |   |
| Net cash provided by (used in) financing activities                                  |   |                                                             | (1,585,866 | ) |   |   | 1,812,094 |   |
|                                                                                 |   |                                                             |       |   |   |   |   |   |
| Effect of exchange rate changes on cash and cash equivalents                         |   |                                                             | 60,060     |   |   |   | 125 |   |
|                                                                                 |   |                                                             |       |   |   |   |   |   |
| Net increase (decrease) in cash and cash equivalents                                 |   |                                                             | (2,049,731 | ) |   |   | 142,084 |   |
|                                                                                 |   |                                                             |       |   |   |   |   |   |
| Cash and cash equivalents, beginning of period                                       |   |                                                             | 2,786,069  |   |   |   | 96,883 |   |
|                                                                                 |   |                                                             |       |   |   |   |   |   |
| Cash and cash equivalents, end of period                                             |   | $                                                                | 736,338    |   |   | $ | 238,968 |   |
|                                                                                 |   |                                                             |       |   |   |   |   |   |
| Supplemental disclosures of cash flow information:                                   |   |                                                             |       |   |   |   |   |   |
| Interest paid                                                                        |   | $                                                                | 161,466    |   |   | $ | - |   |
| Income taxes paid                                                                    |   | $                                                                | 285,428    |   |   | $ | 8,080 |   |

----

----

----

| Office equipment      | 3 years |
|-----------------------|---------|
|                  |    |
| Furniture and fixture | 5 years |
|                  |    |
| Automobiles           | 7 years |

----

|                                |   | Nine Months Ended |   |
|------------------------------------------|--------|-----------------------------|--------|
|                                     |   | March 31,              |   |
|                                |   | 2011                        |   |   | 2010 |   |
| US$ / RMB exchange rate at periods ended |   |                        | 6.5486 |   |   |   | 6.8259 |   |
| Average US$/RMB exchange rate            |   |                        | 6.6687 |   |   |   | 6.8286 |   |

|                     |   | Three Months Ended |   |
|-------------------------------|--------|------------------------------|--------|
|                          |   | March 31,               |   |
|                     |   | 2011                         |   |   | 2010 |   |
| Average US$/RMB exchange rate |   |                         | 6.5788 |   |   |   | 6.8275 |   |

----

----

|                          |   | March 31, 2011 |     |   | June 30, 2010 |   |
|-------------------------------|--------|--------------------------|----------|--------|-------------------------|--------|
| Office equipment              |   | $                        | 115,285  |   |                    | $      | 129,981 |   |
| Furniture and fixture         |   |                     | 81,877   |   |                    |   | 44,414 |   |
| Automobiles                   |   |                     | 298,163  |   |                    |   | 217,148 |   |
| Subtotal                      |   |                     | 495,325  |   |                    |   | 391,543 |   |
| Less:accumulated depreciation |   |                     | (141,401 | )      |                    |   | (81,263 | ) |
| Property and equipment, net   |   | $                        | 353,924  |   |                    | $      | 310,280 |   |

----

|                                                                 |   | For The Three Months Ended March 31, |     |   | For The Nine Months Ended March 31, 2011 |   |
|---------------------------------------------------------------------------|--------|--------------------------------------------------------------------|----------|--------|-----------------------------------------------------------------------------|--------|
|                                                                      |   | 2011                                                               |     |   | 2010                                                                        |   |   | 2011 |   |   | 2010 |   |
|                                                                      |   |                                                               |     |   |                                                                        |   |   |   |   |   |   |   |
| Income (loss) before tax by the five subsidiaries                         |   | $                                                                  | (589,656 | )      |                                                                        | $      | 62,236 |   |   | $ | (151,766 | ) |   | $ | 156,191 |   |
|                                                                      |   |                                                               |     |   |                                                                        |   |   |   |   |   |   |   |   |   |   |   |
| Income (loss) before tax by Huai An subsidiary                            |   |                                                               | 225,515  |   |                                                                        |   | - |   |   |   | 814,092 |   |   |   | - |   |
|                                                                      |   |                                                               |     |   |                                                                        |   |   |   |   |   |   |   |   |   |   |   |
| Income tax expense incurred by the five subsidiaries @ 25% statutory rate |   |                                                               | -        |   |                                                                        |   | 15,559 |   |   |   | - |   |   |   | 39,048 |   |
|                                                                      |   |                                                               |     |   |                                                                        |   |   |   |   |   |   |   |   |   |   |   |
| Income tax expense incurred by Huai An @ 25% statutory rate               |   |                                                               | 56,393   |   |                                                                        |   | - |   |   |   | 203,523 |   |   |   | - |   |
|                                                                      |   |                                                               |     |   |                                                                        |   |   |   |   |   |   |   |   |   |   |   |
| Effect of timing difference                                               |   |                                                               | 48,660   |   |                                                                        |   | - |   |   |   | 17,791 |   |   |   | 48,886 |   |
| Income tax provision                                                      |   | $                                                                  | 105,053  |   |                                                                        | $      | 15,559 |   |   | $ | 221,314 |   |   | $ | 87,934 |   |

|                     |   | March 31, 2011 |      |   | June 30, 2010 |   |
|--------------------------|--------|--------------------------|-----------|--------|-------------------------|--------|
| Yi Ben Ma Group (a)      |   | $                        | 4,532,872 |   |                    | $      | 5,812,215 |   |
| Anming  Yu (a) |   |                     | -         |   |                    |   | 72,525 |   |
| Zhoufeng Shen (b)        |   |                     | -         |   |                    |   | 52,028 |   |
|                     |   |                     |      |   |                    |   |   |   |
| Total                    |   | $                        | 4,532,872 |   |                    | $      | 5,936,768 |   |

----

|                                    |   | For the threemonths ended March 31, |      |   | For the ninemonths ended March 31, |   |
|-----------------------------------------|--------|---------------------------------------------------------|-----------|--------|-------------------------------------------------------------|--------|
|                                    |   | 2011                                                    |      |   | 2010                                                        |   |   | 2011 |   |   | 2010 |   |
| Purchases from YBM and its subsidiaries |   | $                                                       | 1,323,145 |   |                                                        | $      | 106,378 |   |   | $ | 6,532,240 |   |   | $ | 724,240 |   |

----

| Year  |   | Amount |    |
|-------|--------|--------|---------|
| 2011  |   | $      | 118,534 |   |
| 2012  |   |   | 97,740  |   |
| Total |   | $      | 216,274 |   |

----

----

|                                         |   | For The Three Months Ended March 31, |      |
|----------------------------------------------|--------|--------------------------------------------------------------------|-----------|
|                                         |   | 2011                                                               |      |   | 2010 |   |
|                                         |   |                                                               |      |   |   |   |
| Revenues                                     |   |                                                               |      |   |   |   |
| Automotive supplies revenue                  |   |                                                               | 3,068,255 |   |   |   | 874,669 |   |
| Automotive maintenance service               |   |                                                               | -         |   |   |   | 205,008 |   |
| Total revenues                               |   |                                                               | 3,068,255 |   |   |   | 1,079,677 |   |
|                                         |   |                                                               |      |   |   |   |   |   |
| Cost of revenues                             |   |                                                               |      |   |   |   |   |   |
| Cost of automotive supplies revenue          |   |                                                               | 2,687,938 |   |   |   | 757,690 |   |
| Cost of maintenance service                  |   |                                                               | -         |   |   |   | 12,471 |   |
| Total cost of revenues                       |   |                                                               | 2,687,938 |   |   |   | 770,161 |   |
|                                         |   |                                                               |      |   |   |   |   |   |
| Gross profit                                 |   |                                                               | 380,317   |   |   |   | 309,516 |   |
|                                         |   |                                                               |      |   |   |   |   |   |
| Selling, general and administrative expenses |   |                                                               | 684,480   |   |   |   | 246,390 |   |
|                                         |   |                                                               |      |   |   |   |   |   |
| Operating income (loss)                      |   |                                                               | (304,163  | ) |   |   | 63,126 |   |
|                                         |   |                                                               |      |   |   |   |   |   |
| Other expense (income)                       |   |                                                               |      |   |   |   |   |   |
| Interest income                              |   |                                                               | (275      | ) |   |   | (53 | ) |
| Interest expenses                            |   |                                                               | 55,208    |   |   |   | - |   |
| Other expenses                               |   |                                                               | (11,908   | ) |   |   | 943 |   |
| Total other expenses (income)                |   |                                                               | 43,025    |   |   |   | 890 |   |
|                                         |   |                                                               |      |   |   |   |   |   |
| Income (loss) before income taxes            |   |                                                               | (347,188  | ) |   |   | 62,237 |   |
|                                         |   |                                                               |      |   |   |   |   |   |
| Provision for income taxes                   |   |                                                               | 105,053   |   |   |   | 15,559 |   |
|                                         |   |                                                               |      |   |   |   |   |   |
| Net income (loss)                            |   | $                                                                  | (452,241  | ) |   | $ | 46,678 |   |
|                                         |   |                                                               |      |   |   |   |   |   |
| Other comprehensive income ( loss)           |   |                                                               |      |   |   |   |   |   |
| Foreign currency translation gain(loss)      |   |                                                               | (6,308    | ) |   |   | 54 |   |
|                                         |   |                                                               |      |   |   |   |   |   |
| Comprehensive income (loss)                  |   | $                                                                  | (458,549  | ) |   | $ | 46,732 |   |
|                                         |   |                                                               |      |   |   |   |   |   |
| Basic and diluted income per common share    |   |                                                               |      |   |   |   |   |   |
| Basic and diluted                            |   | $                                                                  | (0.18     | ) |   | $ | 0.02 |   |
|                                         |   |                                                               |      |   |   |   |   |   |
| Weighted average common shares outstanding   |   |                                                               |      |   |   |   |   |   |
| Basic and diluted                            |   |                                                               | 2,500,000 |   |   |   | 2,250,000 |   |

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|                                         |   | For The Nine Months Ended March 31, |       |
|----------------------------------------------|--------|-------------------------------------------------------------------|------------|
|                                         |   | 2011                                                              |       |   | 2010 |   |
|                                         |   |                                                              |       |   |   |   |
| Revenues                                     |   |                                                              |       |   |   |   |
| Automotive supplies revenue                  |   |                                                              | 11,875,872 |   |   |   | 2,263,629 |   |
| Automotive maintenance service               |   |                                                              | 185,124    |   |   |   | 641,059 |   |
| Total revenues                               |   |                                                              | 12,060,996 |   |   |   | 2,904,688 |   |
|                                         |   |                                                              |       |   |   |   |   |   |
| Cost of revenues                             |   |                                                              |       |   |   |   |   |   |
| Cost of automotive supplies revenue          |   |                                                              | 10,158,887 |   |   |   | 1,870,236 |   |
| Cost of maintenance service                  |   |                                                              | 11,107     |   |   |   | 53,455 |   |
| Total cost of revenues                       |   |                                                              | 10,169,994 |   |   |   | 1,923,691 |   |
|                                         |   |                                                              |       |   |   |   |   |   |
| Gross profit                                 |   |                                                              | 1,891,002  |   |   |   | 980,997 |   |
|                                         |   |                                                              |       |   |   |   |   |   |
| Selling, general and administrative expenses |   |                                                              | 1,688,763  |   |   |   | 822,386 |   |
|                                         |   |                                                              |       |   |   |   |   |   |
| Operating income (loss)                      |   |                                                              | 202,239    |   |   |   | 158,611 |   |
|                                         |   |                                                              |       |   |   |   |   |   |
| Other expense (income)                       |   |                                                              |       |   |   |   |   |   |
| Interest income                              |   |                                                              | (1,259     | ) |   |   | (123 | ) |
| Interest expenses                            |   |                                                              | 161,401    |   |   |   | - |   |
| Other expenses                               |   |                                                              | 2,475      |   |   |   | 2,541 |   |
| Total other expenses (income)                |   |                                                              | 162,617    |   |   |   | 2,418 |   |
|                                         |   |                                                              |       |   |   |   |   |   |
| Income (loss) before income taxes            |   |                                                              | 39,622     |   |   |   | 156,193 |   |
|                                         |   |                                                              |       |   |   |   |   |   |
| Provision for income taxes                   |   |                                                              | 221,314    |   |   |   | 87,934 |   |
|                                         |   |                                                              |       |   |   |   |   |   |
| Net income (loss)                            |   | $                                                                 | (181,692   | ) |   | $ | 68,259 |   |
|                                         |   |                                                              |       |   |   |   |   |   |
| Other comprehensive income ( loss)           |   |                                                              |       |   |   |   |   |   |
| Foreign currency translation gain(loss)      |   |                                                              | 3,509      |   |   |   | 141 |   |
|                                         |   |                                                              |       |   |   |   |   |   |
| Comprehensive income (loss)                  |   | $                                                                 | (178,183   | ) |   | $ | 68,400 |   |
|                                         |   |                                                              |       |   |   |   |   |   |
| Basic and diluted income per common share    |   |                                                              |       |   |   |   |   |   |
| Basic and diluted                            |   | $                                                                 | (0.08      | ) |   | $ | 0.03 |   |
|                                         |   |                                                              |       |   |   |   |   |   |
| Weighted average common shares outstanding   |   |                                                              |       |   |   |   |   |   |
| Basic and diluted                            |   |                                                              | 2,377,289  |   |   |   | 2,250,000 |   |

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|                        | For the nine months endedMarch 31, |       |
|-----------------------------|-------------------------------------------------------------|------------|
|                        | 2011                                                        |       |   | 2010 |   |
| Cash provided by (used in): |                                                        |       |   |   |   |
| Operating Activities        | $                                                           | (1,780,622 | ) |   |   | (1,381,210 | ) |
| Investing Activities        | $                                                           | 1,256,697  |   |   |   | (288,924 | )  |
|                        |                                                        |       |   |   |   |   |   |
| Financing Activities        | $                                                           | (1,585,866 | ) |   |   | 1,812,094 |   |

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|   | · | We will begin implementation an initiative and training in China to ensure the importance of internal controls and compliance with established policies and procedures are fully understood throughout the organization and will provide additional U.S. GAAP training to all employees involved with the performance of or compliance with those procedures and policies. |
|--------|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | Between September 30, 2010 and March 28, 2011, we engaged an outside consulting firm in Shanghai with expertise in US GAAP to assist us with our internal financial report process. |
|--------|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | Since March 29, 2011, we engaged an individual consultant with expertise in US GAAP to assist us with conversion of Chinese financial statements into US GAAP financial reports and other matters in connection with the quarterly and annual audits. |
|--------|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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| Exhibit Number | Description of Exhibit                                                                                                                                |
|---------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------|
|                |                                                                                                                                                  |
| 10.1                | English Translation of Working Capital Loan Agreement between Shanghai Vomart Auto Parts Co., Ltd. and YBM Group China Co., Ltd., dated May 16, 2011. |
|                |                                                                                                                                                  |
| 31.1                | Certification of the Chief Executive Officer pursuant to Exchange Act Rule 13a-14(a) or 15d-14(a).                                                    |
|                |                                                                                                                                                  |
| 31.2                | Certification of the Chief Financial Officer pursuant to Exchange Act Rule 13a-14(a) or 15d-14(a).                                                    |
|                |                                                                                                                                                  |
| 32.1                | Certification pursuant to 18 U.S.C. 1350, as adopted pursuant to Section 906 of the Sarbanes Oxley Act of 2002.*                                      |

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|                                                                                                                                       | TEEN EDUCATION GROUP, INC. |
|--------------------------------------------------------------------------------------------------------------------------------------------|----------------------------|
|                                                                                                                                       | (Registrant)               |
|                                                                                                                                       |                       |   |
| May 16, 2011                      | By:                        | /s/ Zhoufeng Shen |
|                                                                                                                                       |                       | Zhoufeng Shen |
|                                                                                                                                       |                       | Chief Executive Officer |

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