##### Table of Contents



UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
 Washington, D.C. 20549
 FORM 10-K
 (Mark One)
 þ
    
    ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
 For the fiscal year ended December 31, 2010
 OR
 o
    
    TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
 For the transition period from  to
 Commission file number: 000-29169
 Chinawe.com Inc.
 (Exact name of registrant as specified in its charter)
 California
(State or other jurisdiction of 
incorporation or organization)
    
    95-462728
(I.R.S. Employer Identification No.)
 
 
 Securities registered pursuant to Section 12(b) of the Act:
 Securities registered pursuant to Section 12(g) of the Act:
 o þ
 Yes o No þ
 þ o
 o o
 þ
  Large accelerated filer o
    
    Accelerated filer o
    
    Non-accelerated filer o
    
    Smaller reporting company þ(Do not check if a smaller reporting company)
 þ o
   DOCUMENTS INCORPORATED BY REFERENCE




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TABLE OF CONTENTS  PART IItem 1. BusinessItem 1A. Risk FactorsItem 1B. Unresolved Staff CommentsItem 2. PropertiesItem 3. Legal ProceedingsItem 4. [Removed and Reserved]PART IIItem 5. Market for Registrants Common Equity, Related Stockholder Matters and Issuer Purchases of Equity SecuritiesItem 6. Selected Financial DataItem 7. Managements Discussion and Analysis of Financial Condition and Results of OperationsItem 7A. Quantitative and Qualitative Disclosures About Market RiskItem 8. Financial Statements and Supplementary DataItem 9. Changes in and Disagreements with Accountants on Accounting and Financial DisclosureItem 9A. Controls and Procedures.Item 9B. Other InformationPART IIIItem 10. Directors, Executive Officers and Corporate GovernanceItem 11. Executive CompensationItem 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder MattersItem 13. Certain Relationships and Related Transactions, and Director IndependenceItem 14. Principal Accountant Fees and ServicesItem 15. Exhibits and Financial Statement SchedulesSIGNATURESEXHIBIT INDEXEX-21EX-23.1Exhibit 31.1Exhibit 31.2Exhibit 32.1Exhibit 32.2    Table of Contents  
  
 Item 1.
    
    Business.
      
 Item 1A.
    
    Risk Factors.
  RISK RELATED TO OUR BUSINESS
 THE COMPANY CURRENTLY HAS NO OPERATING BUSINESS




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WE WILL REQUIRE FUNDS TO FINANCE ENTRY INTO A NEW LINE OF BUSINESS
  RISKS RELATING TO OUR STOCK
 POSSIBLE DELISTING OF OUR STOCK FROM TRADING ON THE ELECTRONIC BULLETIN BOARD
  BECAUSE OUR COMMON STOCK PRICE IS BELOW $5.00, WE ARE SUBJECT TO ADDITIONAL RULES AND REGULATIONS.
  
 Item 1B.
    
    Unresolved Staff Comments.
  
 Item 2.
    
    Properties.
  
 Item 3.
    
    Legal Proceedings.
  
 Item 4.
    
    [Removed and Reserved].
  2




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Item 5.
    
    Market for Registrants Common Equity, Related Stockholder Matters and Issuer Purchases of
Equity Securities.
   High
    
    
    Low2010January 1, 2010   March 31, 2010
    
    
    .01
    
    
    
    .00April 1, 2010  June 30, 2010
    
    
    .01
    
    
    
    .00July 1, 2010  September 30, 2010
    
    
    .00
    
    
    
    .00October 1, 2010  December 31, 2010
    
    
    .02
    
    
    
    .012009January 1, 2009  March 31, 2009
    
    
    .01
    
    
    
    .00April 1, 2009  June 30, 2009
    
    
    .01
    
    
    
    .00July 1, 2009  September 30, 2009
    
    
    .00
    
    
    
    .00October 1, 2009  December 31, 2009
    
    
    .02
    
    
    
    .01
     
 Item 6.
    
    Selected Financial Data.
  
 Item 7.
    
    Managements Discussion and Analysis of Financial Condition and Results of
Operations.
   3




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Overview  Results of Operations
  Year ended December 31,2010
    
    
    2009US$
    
    
    US$Turnover
    
    
    
    
    
    
    131,462Operating costs
    
    
    (94,837
    )
    
    
    (359,639
    )Finance costs
    
    
    (1,143
    )
    
    
    (3,923
    )Gain on disposal
    
    
    1,827,289
    
    
    
    Other income
    
    
    138,319
    
    
    
    3,918Non-operating expenses
    
    
    (41,711
    )
    
    
    Surcharge on tax
    
    
    138,319
    
    
    
    (102,632
    )Gain (loss) before taxation
    
    
    1,827,917
    
    
    
    (462,276
    )Taxation
    
    
    
    
    
    
    Gain (loss) before minority interest
    
    
    1,827,917
    
    
    
    (462,276
    )Minority interest
    
    
    
    
    
    
    Net gain (loss) attributable to discontinued operation
    
    
    1,827,917
    
    
    
    (462,276
    )
 Year ended December 31, 2010 compared to the year ended December 31, 2009
 Revenues.
  4




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Expenses.
 Gain on Disposal.
 Taxation.
 Liquidity and Capital Resources
  Critical Accounting Policies and Estimates
   Off-Balance Sheet Arrangements
  
 Item 7A.
    
    Quantitative and Qualitative Disclosures About Market Risk.
   5




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Item 8.
    
    Financial Statements and Supplementary Data.
  
 Item 9.
    
    Changes in and Disagreements with Accountants on Accounting and Financial Disclosure.
  
 Item 9A.
    
    Controls and Procedures.
     6




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Item 9B.
    
    Other Information.
  
  
 Item 10.
    
    Directors, Executive Officers and Corporate Governance.
   Name
    
    Age
    
    TitleMan Keung Alan Wai
    
    
    49
    
    
    Chairman of the Board, Chief Executive Officer, Chief Financial Officer and PresidentMan Ying Ken Wai
    
    
    44
    
    
    Vice President and Secretary, DirectorBarry Yiu
    
    
    49
    
    
    Vice President, Director
     7




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Item 11.
    
    Executive Compensation.
   8




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Item 12.
    
    Security Ownership of Certain Beneficial Owners and Management and Related
Stockholder Matters.
  Percent of OutstandingName of Beneficial Owner(1)
    
    Amount of Beneficial Ownership
    
    
    Shares of Class OwnedGonet Associates Ltd
    
    
    22,054,090
    
    
    
    50.4Man Keung Alan Wai(2)
    
    
    22,054,090
    
    
    
    50.4Man Ying Ken Wai
    
    
    0
    
    
    
    0Barry Yiu
    
    
    3,800,000
    (3)
    
    
    8.7Charter One Investments Limited(4)
    
    
    3,800,000
    
    
    
    8.7All officers and directors as a group (3 persons)
    
    
    25,854,090
    (2)(3)
    
    
    59.1
 (1)
    
    The address for each of the officers and directors of the Company is c/o our corporate
headquarters in Kowloon, Hong Kong.(2)
    
    Man Keung Wai, through his control of Gonet Associates Ltd., beneficially owns the shares of
Common Stock held by Gonet.(3)
    
    By virtue of his ownership interest in Charter One Investments Limited, Mr. Yiu may be deemed
to beneficially own the shares of Common Stock owned by Charter One Investments Limited.(4)
    
    The address for Charter One Investments Limited is P.O. Box 957, Offshore Incorporations
Centre, Road Town, Tortola, British Virgin Islands. Barry Yiu is a director of Charter One
Investments Limited.    Number of securitiesremaining available forNumber of securities to
    
    
    Weighted-average
    
    
    future issuance underbe issued upon exercise
    
    
    exercise price of
    
    
    equity compensation plansof outstanding options,
    
    
    outstanding options,
    
    
    (excluding securitieswarrants and rights
    
    
    warrants and rights
    
    
    reflected in column (a))Plan category
    
    (a)
    
    
    (b)
    
    
    (c)Equity compensation
plans approved by
security holders
    
    
    0
    
    
    
    N/A
    
    
    
    0Equity compensation
plans not approved
by security holders
    
    
    0
    
    
    
    N/A
    
    
    
    5,000,000Total
    
    
    0
    
    
    
    N/A
    
    
    
    5,000,000
  9




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10




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Item 13.
    
    Certain Relationships and Related Transactions, and Director Independence.
  Name
    
    Advances made
    
    
    Repayment made
    
    
    Disposal of CAM(HK)
    
    
    BalanceUS$
    
    
    US$
    
    
    US$
    
    
    US$Gonet Associates Ltd. (1)
    
    
    
    
    
    
    
    
    
    
    89,953
    
    
    
    Man Keung Alan Wai
    
    
    20,012
    
    
    
    
    
    
    
    1,053,006
    
    
    
    329,322Man Ying Ken Wai
    
    
    
    
    
    
    
    
    
    
    14,559
    
    
    
    Vivian Wai Wa Chu
    
    
    
    
    
    
    
    
    
    
    1,829
    
    
    
    
 (1)
    
    Gonet Associates Ltd. is controlled by Man Keung Alan Wai.  
 Item 14.
    
    Principal Accountant Fees and Services.
          11




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Item 15.
    
    Exhibits and Financial Statement Schedules
 PAGE1. Financial Statements of Chinawe.com Inc.:Report of Independent Registered Public Accounting Firm
    
    
    F-1Consolidated Income Statements for the Year ended December 31, 2010 and 2009
    
    
    F-2Consolidated Balance Sheets as of December 31, 2010 and 2009
    
    
    F-3Consolidated Statements of Stockholders Equity
    
    
    F-4Consolidated Statements of Cash Flows for the Year ended December 31, 2010 and 2009
    
    
    F-5Notes to Consolidated Financial Statements
    
    
    F-6
   Exhibit No.
    
    Description3.
    (i)
    
    Articles of Incorporation (1)3.
    (ii)
    
    By-Laws (1)10.1
    
    
    Chinawe.com Inc. 2001 Restricted Stock Plan (2)14
    
    
    Code of Ethics (3)21
    
    
    Subsidiaries23.1
    
    
    Consent of Parker Randall CF (H.K.) CPA Limited31.1
    
    
    Rule 13a-14(a)/15d-14(a) Certification31.2
    
    
    Rule 13a-14(a)/15d-14(a) Certification32.1
    
    
    Section 1350 Certification of Chief Executive Officer32.2
    
    
    Section 1350 Certification of Chief Financial Officer
 1
    
    Filed as an exhibit to our Companys Form 10-SB, as filed with the SEC on May
19, 2000, and hereby incorporated by reference herein.2
    
    Filed as an exhibit to our Companys Form S-8, as filed with the SEC on October
17, 2001, and hereby incorporated by reference herein.3
    
    Filed as an exhibit to our Companys Annual Report on Form 10-KSB, as filed with
the SEC on April 14, 2005, and hereby incorporated by reference herein.  12




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F-1




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CHINAWE.COM INC. AND SUBSIDIARIES
 
  Year ended December 31,NOTE
    
    
    2010
    
    
    2009US$
    
    
    US$OPERATING REVENUESAsset management and related services
    
    
    
    
    
    
    
    
    
    
    131,462
    
    
    
    131,462Depreciation of property, plant and equipment
    
    
    
    
    
    
    (3,150
    )
    
    
    (9,528
    )Administrative and general expenses
    
    
    
    
    
    
    (91,687
    )
    
    
    (481,573
    )LOSS FROM OPERATIONS
    
    
    
    
    
    
    (94,837
    )
    
    
    (359,639
    )NON-OPERATING INCOME (EXPENSE)Interest
    
    
    
    
    
    
    (1,143
    )
    
    
    (3,923
    )Surcharge on taxes
    
    
    
    
    
    
    
    
    
    
    (102,632
    )Other income
    
    
    
    
    
    
    138,319
    
    
    
    3,918Non operating expense
    
    
    
    
    
    
    (41,711
    )
    
    
    Investment income
    
    
    9
    
    
    
    1,827,289
    
    
    
    INCOME/(LOSS) BEFORE INCOME TAXES
    
    
    
    
    
    
    1,827,917
    
    
    
    (462,276
    )Income tax expense
    
    
    5
    
    
    
    
    
    
    
    NET INCOME/(LOSS)
    
    
    
    
    
    
    1,827,917
    
    
    
    (462,276
    )OTHER COMPREHENSIVE INCOMEForeign currency translation
    
    
    
    
    
    
    4,796
    
    
    
    1,424COMPREHENSIVE INCOME/(LOSS)
    
    
    
    
    
    
    1,832,713
    
    
    
    (460,852
    )Basic and diluted net income/(loss) per share of common stock
    
    
    
    
    
    
    0.042
    
    
    
    (0.0105
    )Weighted average number of shares of common stock outstanding
    
    
    
    
    
    
    43,800,000
    
    
    
    43,800,000
 See accompanying notes to the financial statements.
  F-2




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CHINAWE.COM INC. AND SUBSIDIARIES
 
  As of
    
    
    As ofDecember 31,
    
    
    December 31,Note
    
    
    2010
    
    
    2009US$
    
    
    US$ASSETSCurrent assets:Cash and cash equivalents
    
    
    
    
    
    
    
    
    
    
    33,427Prepayments, deposits and other debtors
    
    
    
    
    
    
    
    
    
    
    18,121Amount due from a director  Wai Man Keung
    
    
    
    
    
    
    
    
    
    
    254,918Amount due from the related parties
    
    
    
    
    
    
    
    
    
    
    5,523Total current assets
    
    
    
    
    
    
    
    
    
    
    311,989Property, plant and equipment, net
    
    
    3
    
    
    
    
    
    
    
    3,208TOTAL ASSETS
    
    
    
    
    
    
    
    
    
    
    315,197LIABILITIES AND STOCKHOLDERS DEFICITCurrent liabilities:Accrued expenses and other current liabilities
    
    
    
    
    
    
    5,135
    
    
    
    272,477Current portion of long-term debt
    
    
    4
    
    
    
    
    
    
    
    7,216Due to related parties
    
    
    6
    
    
    
    329,322
    
    
    
    1,392,093Income tax payables
    
    
    5
    
    
    
    
    
    
    
    453,673Surcharge on taxes
    
    
    
    
    
    
    
    
    
    
    355,520Total current liabilities
    
    
    
    
    
    
    334,457
    
    
    
    2,480,979Stockholders deficit:Preferred stock, par value US$0.001 per
share; authorized 20,000,000 shares; none
issuedCommon stock, par value US$0.001 per share;
authorized 100,000,000 shares; issued and
outstanding 43,800,000 shares
    
    
    
    
    
    
    43,800
    
    
    
    43,800Capital in excess of par
    
    
    
    
    
    
    84,560
    
    
    
    85,948Accumulated losses
    
    
    
    
    
    
    (462,817
    )
    
    
    (2,290,734
    )Accumulated other comprehensive loss
    
    
    
    
    
    
    
    
    
    
    (4,796
    )Total stockholders deficit
    
    
    
    
    
    
    (334,457
    )
    
    
    (2,165,782
    )TOTAL LIABILITIES AND STOCKHOLDERS DEFICIT
    
    
    
    
    
    
    
    
    
    
    315,197
 See accompanying notes to the financial statements.
  F-3




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CHINAWE.COM INC. AND SUBSIDIARIES
 
  Capital
    
    
    
    
    
    
    Accumulated
    
    
    TotalNumber
    
    
    
    
    
    
    in excess
    
    
    Accumulated
    
    
    other comprehensive
    
    
    Stockholdersof shares
    
    
    Amount
    
    
    of par
    
    
    losses
    
    
    (loss) income
    
    
    deficitUS$
    
    
    US$
    
    
    US$
    
    
    US$
    
    
    US$Balance as of
January 1, 2009
    
    
    43,800,000
    
    
    
    43,800
    
    
    
    85,948
    
    
    
    (1,828,458
    )
    
    
    (6,220
    )
    
    
    (1,704,930
    )Comprehensive loss:Net loss for the year
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    (462,276
    )
    
    
    
    
    
    
    (462,276
    )Currency translation adjustment
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    1,424
    
    
    
    1,424Total comprehensive loss
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    (462,276
    )
    
    
    1,424
    
    
    
    (460,852
    )Balance as of
December 31, 2009
    
    
    43,800,000
    
    
    
    43,800
    
    
    
    85,948
    
    
    
    (2,290,734
    )
    
    
    (4,796
    )
    
    
    (2,165,782
    )Comprehensive income:Net income for the year
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    1,827,917
    
    
    
    
    
    
    
    1,827,917Currency translation adjustment
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    4,796
    
    
    
    4,796Total comprehensive income
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    1,827,917
    
    
    
    4,796
    
    
    
    1,832,713Disposal on CAM(HK)
    
    
    
    
    
    
    
    
    
    
    (1,388
    )
    
    
    
    
    
    
    
    
    
    
    (1,388
    )Balance as of December 31, 2010
    
    
    43,800,000
    
    
    
    43,800
    
    
    
    84,560
    
    
    
    (462,817
    )
    
    
    
    
    
    
    (334,457
    )
 See accompanying notes to the financial statements.
  F-4




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CHINAWE.COM INC. AND SUBSIDIARIES
 
  Year ended December 31,2010
    
    
    2009US$
    
    
    US$CASH FLOWS FROM OPERATING ACTIVITIESNet income/(loss)
    
    
    1,827,917
    
    
    
    (462,276
    )Adjustments to reconcile net income to net cash provided by operating activities:Depreciation
    
    
    3,150
    
    
    
    9,533Gain on disposal
    
    
    (1,827,289
    )
    
    
    Changes in operating assets and liabilities:Prepayments, deposits and other receivables
    
    
    
    
    
    
    (260,441
    )Customer deposits received
    
    
    
    
    
    
    12,297Accrued expenses and other current liabilities
    
    
    (102,053
    )
    
    
    1,090,063Surcharge on taxes
    
    
    
    
    
    
    102,185Income tax payable
    
    
    
    
    
    
    (3,945
    )NET CASH USED IN OPERATING ACTIVITIES
    
    
    (98,275
    )
    
    
    487,416CASH FLOWS FROM INVESTING ACTIVITIESNet cash outflow from disposal of subsidiary
    
    
    (16,362
    )
    
    
    NET CASH USED IN INVESTING ACTIVITIES
    
    
    (16,362
    )
    
    
    CASH FLOWS FROM FINANCING ACTIVITIESNew loan raised
    
    
    34,147
    
    
    
    Repayment of long-term debt
    
    
    
    
    
    
    (20,106
    )Advance from related parties
    
    
    88,441
    
    
    
    145,347Repayment to related parties
    
    
    (41,361
    )
    
    
    (920,193
    )NET CASH USED IN FINANCING ACTIVITIES
    
    
    81,227
    
    
    
    (794,952
    )NET DECREASE IN CASH AND CASH EQUIVALENTS
    
    
    (33,410
    )
    
    
    (307,536
    )Cash and cash equivalents, beginning of period
    
    
    33,427
    
    
    
    339,538Effect of exchange rate changes
    
    
    (17
    )
    
    
    1,425CASH AND CASH EQUIVALENTS, END OF PERIOD
    
    
    
    
    
    
    33,427SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATIONCash paid for interest
    
    
    1,143
    
    
    
    3,923
 See accompanying notes to the financial statements.
  F-5




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CHINAWE.COM INC. AND SUBSIDIARIES
 
 NOTES TO FINANCIAL STATEMENTS
 1. DESCRIPTION OF BUSINESS AND ORGANIZATION STRUCTURE
    2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
       F-6




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2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
        Office equipment
    
    
    30
    %Computer equipment
    
    
    30
    %Leasehold improvements
    
    
    20
    %Motor vehicles
    
    
    30
    %
          F-7




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2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
             F-8




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2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
         F-9




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2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
      F-10




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3. PROPERTY, PLANT AND EQUIPMENT, NET
  As of
    
    
    As ofDecember 31, 2010
    
    
    December 31, 2009U.S $
    
    
    U.S. $Office equipment
    
    
    
    
    
    
    11,869Computer equipment
    
    
    
    
    
    
    50,760Leasehold improvement
    
    
    
    
    
    
    57,005Motor vehicles
    
    
    
    
    
    
    103,065Total cost
    
    
    
    
    
    
    222,699Accumulated depreciation
    
    
    
    
    
    
    (219,487
    )Currency translation adjustment
    
    
    
    
    
    
    (4
    )Net
    
    
    
    
    
    
    3,208
 4. LONG-TERM DEBT
  As of
    
    
    As ofDecember 31, 2010
    
    
    December 31, 2009U.S. $
    
    
    U.S. $Within 1 year
    
    
    
    
    
    
    8,605Less: Amount representing interest
    
    
    
    
    
    
    (1,389
    )Present value of net minimum lease payments
    
    
    
    
    
    
    7,216Current portion
    
    
    
    
    
    
    7,216Total
    
    
    
    
    
    
    7,216
  F-11




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5. INCOME TAXES
      Year endedDecember 31,2010
    
    
    2009% of Pre- Tax Income
    
    
    % of Pre- Tax IncomeU.S. federal income tax rate
    
    
    34
    
    
    
    34Valuation allowance  U.S. federal income tax
    
    
    (34
    )
    
    
    (34
    )
    
    
    
    
 Year endedDecember 31,2010
    
    
    2009% of Pre- Tax Income
    
    
    % of Pre- Tax IncomeHK income tax rate
    
    
    16.5
    
    
    
    16.5Valuation allowance  HK income tax
    
    
    (16.5
    )
    
    
    (16.5
    )
    
    
    
    
 Year endedDecember 31,2010
    
    
    2009% of Pre- Tax Income
    
    
    % of Pre- Tax IncomePRC income tax rate
    
    
    25
    
    
    
    25Valuation allowance  PRC income tax
    
    
    (25
    )
    
    
    (25
    )
    
    
    
    
  F-12




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6. RELATED PARTY BALANCES AND TRANSACTIONS
  As of
    
    
    As ofDecember 31, 2010
    
    
    December 31, 2009U.S. $
    
    
    U.S. $Advances from stockholders
    
    
    329,322
    
    
    
    1,392,093
  7. OPERATING LEASE COMMITMENTS
  As of December 31,2010
    
    
    2009U.S. $
    
    
    U.S. $Within one year
    
    
    
    
    
    
    3,868In the second to fifth years inclusive
    
    
    
    
    
    
    
    
    
    
    3,868
  8. STOCK PLAN
    F-13




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9. INVESTMENT INCOME
  As of
    
    
    As ofDecember 31, 2010
    
    
    December 31, 2009U.S. $
    
    
    U.S. $Net assets disposed of:Cash and cash equivalents
    
    
    16,362
    
    
    
    Prepayments, deposits and other receivables
    
    
    272,885
    
    
    
    Property, plant and equipment, net
    
    
    56
    
    
    
    Accrued expenses and other current liabilities
    
    
    (172,470
    )
    
    
    Income tax payable
    
    
    (402,083
    )
    
    
    Surcharge on taxes
    
    
    (358,953
    )
    
    
    Due to directors
    
    
    (1,150,215
    )
    
    
    Exchange fluctuation reserve realized
    
    
    (32,871
    )
    
    
    Subtotal
    
    
    (1,827,289
    )
    
    
    Gain on disposal of CAM (HK)
    
    
    1,827,289
    
    
    
    
    
    
    
    
   As of
    
    
    As ofDecember 31, 2010
    
    
    December 31, 2009U.S. $
    
    
    U.S. $Cash consideration
    
    
    1
    
    
    
    Due from a director-Wai Man Keung
    
    
    (1
    )
    
    
    Cash and bank balance disposed of
    
    
    (16,362
    )
    
    
    Net inflow of cash and cash
equivalents in respect of the
disposal of CAM (HK)
    
    
    (16,362
    )
    
    
    
 10. CONTINGENCIES
  11. SUBSEQUENT EVENT
   F-14




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##### Table of Contents



Date: March 30, 2011
    CHINAWE.COM INC.
(Registrant)By:
    /s/ Man Keung WaiMan Keung WaiChief Executive Officer  SIGNATURES
    
    TITLE
    
    DATE/s/ Man Keung Wai

Man Keung Wai
    
    Chairman of the Board, Chief Executive Officer, 
Chief Financial Officer and Director (Principal
Executive Officer and Principal Financial Officer)
    
    March 30, 2011/s/ Man Ying Ken Wai

Man Ying Ken Wai
    
    Vice President of Marketing, Secretary and Director
    
    March 30, 2011/s/ Barry Yiu

Barry Yiu
    
    Vice President and Director
    
    March 30, 2011




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Exhibit No.
   
    Description21
    
    
    Subsidiaries23.1
    
    
    Consent of Parker Randall CF (H.K.) CPA Limited31.1
    
    
    Rule 13a-14(a)/15d-14(a) Certification of Chief Executive Officer31.2
    
    
    Rule 13a-14(a)/15d-14(a) Certification of Chief Financial Officer32.1
    
    
    Section 1350 Certification of Chief Executive Officer32.2
    
    
    Section 1350 Certification of Chief Financial Officer