U.S.
SECURITIES AND EXCHANGE COMMISSION


Washington,
D.C. 20549


Form
10-Q





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


For
the quarterly period ended December 31st,
2009





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





Commission
File No.333-153182





Great
Wall Builders Ltd.


(Exact
name of registrant as specified in its charter)








Texas
            71-1051037(State
      or other jurisdiction
            (I.R.S.
      Employer Identification No.)of
      incorporation or organization)





2620
Fountainview #115B


Houston,
Texas 77057


(Address
of principal executive offices)





1-281-575-0636


(Issuer's
telephone number)





Indicate
by checkmark whether the issuer: (1) has 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[





Indicate
by check mark whether the registrant is a large accelerated filed, an
accelerated filer, a non-accelerated filer, or a smaller reporting
company.


Large
accelerated filer [
]                 Accelerated
filer [ ]


Non-accelerated
filer [
]                   
Small Reporting company [X]





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





Indicate
the number of shares outstanding of each of the issuer's classes of common
stock, as of the most practicable date: 4,800,000 as of December 31st,2009











GREAT
WALL BUILDERS Ltd.


Form
10-Q Report Index





Page
      No.PART
      1. FINANCIAL INFORMATIONItem
      1. Financial StatementsCondensed
      Balance Sheet
            1Condensed
      Statement of Operations
            2Condensed
      Statement of Cash Flows
            3Notes
      to Condensed Financial Statements
            4-6Item
      2. Management Discussion and Analysis of Financial
    Condition
            7-8Item
      3. Quantitative and Qualitative Disclosures about Market
    Risk
            8Item
      4. Control and Procedures
            10PART
      11. OTHER INFORMATIONItem
      1. Legal Proceedings
            10Item
      2. Unregistered Sales of Equity Securities and Use of
    Proceeds
            10Item
      3. Defaults Upon Senior Securities
            10Item
      4. Submission of Matters to a Vote of Securities Holders
            10Item
      5. Other InformationItem
      6. Exhibit
            10Item
      7. Signature
            11























Great
Wall Builders Ltd.


(A
Development Stage Company)


Condensed
Balance Sheet








December
              31st
            
            
            June
              30th2009
            
            
            2008(unaudited)
            
            
            (
      audited)CURRENT
      ASSETCash
            
            $
            3,291
            
            
            $
            24,751Total
      Current Assets
            
            $
            3,291
            
            
            $
            24,751Properties
            
            $
            37,500
            
            
            $
            37,500Total
      Assets
            
            $
            40,791
            
            
            $
            62,251LIABILITIES
      & SHAREHOLDER’S DEFICITLiabilitiesAccrued
      liabilities
            
            $
            126,286
            
            
            
            102,651Total
      Liabilities
            
            $
            126,286
            
            
            
            102,651Stockholders’
      DeficitPreferred
      stock, $.0001 par value, 98,989,886 authorized, no shares issued and
      outstandingCommon
      stock 918,816,988 shares authorized: $0.0001 par value: 4,800,000 shares
      issued & outstanding
            
            
            482
            
            
            $
            482Additional
      paid-in capital
            
            
            63,018
            
            
            $
            63,018Deficit
      accumulated during development stage
            
            
            (148,995)
            
            
            $
            (103,900)Total
      Stockholders’ Deficit
            
            
            (85,495)
            
            
            $
            (40,400)Total
      Liabilities and Stockholder’s Deficit
            
            $
            40,791
            
            
            $
            62,251








The
accompanying notes are an integral part of the financial statements














1





Great
Wall Builders.


(
A Development Stage Company)


Condensed
Statement of Operations








Three
              Months
              Ended
              December
              31st
              2009
            
            
            Three
              Months
              Ended
              December
              31st
              2008
            
            
            Six
              Months
              Ended
              December
              31st
              2009
            
            
            Six
              Months
              Ended
              December
              31st
              2008
            
            
            From
              Inception
      on November
              3,2007
              Through
      June 30
              2009Revenue
            
            $
            -
            
            
            $
            21,000
            
            
            $
            -
            
            
            $
            47,86
            
            
            $
            61,860Operating
      ExpensesExecutive
      Compensation
            
            $
            19,545
            
            
            $
            -0-
            
            
            $
            39,090
            
            
            $
            -0-
            
            
            
            134,738General
      & AdministrativeExpenses
            
            $
            1,700
            
            
            $
            6,431
            
            
            $
            3,376
            
            
            
            5,051
            
            
            
            31,022Net
      Profit ( Loss)
            
            $
            21,245
            
            
            $
            14,569
            
            
            $
            42,466
            
            
            $
            32,809
            
            
            
            (103,900)Net
      Profit ( Loss) Per Share
            
            
            0.00
            
            
            
            0.00
            
            
            
            0.00
            
            
            
            0.00
            
            
            $
            (0.02)Weighted
      Average Number of
              Shares
      Outstanding-
              Basic
      and Diluted
            
            
            4,800,000
            
            
            
            4,640,526
            
            
            
            4,800,000
            
            
            
            4,640,52
            
            
            
            4,800,000











The
accompanying notes are an integral part of the financial statements














2








Great
Wall Builders Ltd.


(
A Development Stage Company)


Condensed
Statement of Cash Flows








From
      Inception onSix
      Months
              Ended
            
            
            Six
      Months
              Ended
            
            
            (November
      3, 2007)December 31st
              2009
            
            
            December 31st
              2008
            
            
            June30th
              2009(
      un-audited)
            
            
            (
      un-audited)OPERATING
      ACTIVITIES:Net
      Profit (loss)
            
            $
            (42,466)
            
            
            
            18,240
            
            
            $
            (103,900
            )Changes
      in operating assets and liabilities:Accounts
      receivable
            
            
            
            
            
            
            26,860Accrued
      liabilities
            
            $
            $126,286
            
            
            
            
            
            
            $
            102,651Net
      Cash provided by in Operating Activities
            
            $
            (168,752)
            
            
            
            (8,620
            )
            
            $
            (1,249)FINANCING
      ACTIVITIES
            
            
            -
            
            
            
            
            
            
            
            -Proceeds
      from issuance of common stock
            
            
            -
            
            
            
            
            
            
            $
            26,000Net
      Cash provided by Financing Activities
            
            
            -
            
            
            
            
            
            
            $
            26,000CASH
      AT BEGINNING OF PERIOD
            
            $
            24,751
            
            
            
            20,000
            
            
            
            20,000CASH
      AT END OF PERIOD
            
            $
            3,291
            
            
            
            11,380
            
            
            $
            24,751Non-cash
      activities:Stock
      issued for properties
            
            
            
            
            
            
            
            
            
            $
            37,500








The
accompanying notes are an integral part of the financial statements





3








Great
Wall Builders


(
A Development Stage Company)


Notes
to Condensed Financial Statements


December
31, 2009








Note
1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES





DISCRIPTION
OF BUSINESS


Great
Wall Builders Ltd. ( the “Company”) incorporated in Texas on November 3, 2007,
we intend to provide affordable homes with solar integrated system in Texas.
Growth and expansion opportunities have also been identified in other regions of
the United States as well as in China. We have designed affordable homes and
offer innovative solar integrated systems such as solar roof tiles, solar hot
water heaters and solar photovoltaic systems. We intend to promote our
affordable homes with solar integrated features in the U.S. and
China.





The
Company is a Development Stage Company, in a development stage company,
management devotes most of its activities to developing a market for its
products and services. As at December 31, 2009, the Company generated $61,680
revenue and has accumulated losses of $148,995 since its inception. The Company
expects to fund itself in the next twelve months by the sale of common shares,
loans from officer and director and private equity funding. The ability of the
Company to emerge from the development stage with respect to any planned
principal business activity is dependent upon its successful efforts to raise
additional equity financing and/or generate significant revenue and profitable
operations. There is no guarantee that the Company will be able to raise any
equity financing or generate significant revenue or profitable
operations.





GOING
CONCERN


The
accompanying condensed financial statements have been prepared assuming the
Company will continue as a going concern, which contemplates, among other
things, the realization of assets and satisfaction of liabilities in the
ordinary course of business. The Company has incurred continuing and recurring
losses from operations and a deficit accumulated during the development stage of
approximately $148,995 on December 31, 2009, which among other matters, raises
doubt about its ability to continue as a going concern. A significant amount of
additional capital will be necessary to advance the development of the Company's
products to the point at which they may become commercially viable. The Company
intends to fund operations through debt and/or equity financing arrangements,
working capital and other cash requirements (consisting accrued liabilities, and
amounts due to related parties) for the fiscal year ending December 31, 2009.
Therefore, the Company will be required to seek additional funds to finance its
current and long-term operations.




4





The
Company is currently addressing its liquidity issue by continually seeking
investment capital through private placements of common stock and debt. The
Company believes that its cash on hand and funds expected to be received from
additional private investment will be sufficient to meet its liquidity needs for
fiscal 2010. However, no assurance can be given that the Company will receive
any funds in addition to the funds it has received to date.





The
financial statements do not include any adjustments related to recoverability
and classification of asset carrying amounts or the amount and classification of
liabilities that might result should the Company be unable to continue as a
going concern.





USE
OF ESTIMATE


The
Company prepares its financial statements in conformity with Generally Accepted
Accounting Principles ("GAAP"), which 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 reported amounts of revenues and expenses during the reporting
periods. Significant estimates made by management include, among others,
estimates of accrued liabilities, realization of long-lived assets; estimating
fair value associated with equity transactions and valuation of deferred tax
assets. Actual results could differ from those estimates.





CASH
AND CASH EQUIVALENT


The Company considers investments with original
maturities of 90 days or less to be cash equivalents.At December
31, 2009 and June 30, 2009, respectively, the Company had no cash
equivalents.





INCOME
TAXES


The
Company accounts for income taxes under FASB Codification Topic 740-10-25 (“ASC
740-10-25”).  Under ASC 740-10-25, 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 bases.  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 ASC 740-10-25, 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.





NET
LOSS PER SHARE


Basic
loss per share is calculated using the weighted-average number of common shares
outstanding during each reporting period. Diluted loss per share includes
potentially dilutive securities such as outstanding options and warrants, using
various methods such as the treasury stock or modified treasury stock method in
the determination of dilutive shares outstanding during each reporting period.
The Company currently has no dilutive securities
and as such, basic and diluted loss per share are the same for all periods
presented.








5





CONCENTRATION
OF CREDIT RISK


Financial
instruments that potentially subject the Company to a concentration of credit
risk consist of cash.  The Company maintains its cash with high credit
quality financial institutions; at times, such balances with any one financial
institution may exceed FDIC insured limits.





FAIR
VALUE FINACIAL INSTRUMENTS


The
Company adopted ASC topic 820, “Fair Value Measurements and Disclosures” (ASC
820), formerly SFAS No. 157 “Fair Value Measurements,” effective January 1,
2009. ASC 820 defines “fair value” as the price that would be received for an
asset or paid to transfer a liability (an exit price) in the principal or most
advantageous market for the asset or liability in an orderly transaction between
market participants on the measurement date. There was no impact relating to the
adoption of ASC 820 to the Company’s financial statements.




ASC
      820 also describes three levels of inputs that may be used to measure fair
      value:•
            Level
      1: Observable inputs that reflect unadjusted quoted prices for identical
      assets or liabilities traded in active markets.•
            Level
      2: Inputs other than quoted prices included within Level 1 that are
      observable for the asset or liability, either directly or
      indirectly.•
            Level
      3: Inputs that are generally unobservable. These inputs may be used with
      internally developed methodologies that result in management’s best
      estimate of fair value.




Financial
instruments consist principally of cash, prepaid expenses, accounts payable, and
accrued liabilities. The carrying amounts of such financial instruments in the
accompanying balance sheets approximate their fair values due to their
relatively short-term nature. It is management’s opinion that the Company is not
exposed to any significant currency or credit risks arising from these financial
instruments.




RECENTLY
ISSUED ACCOUNTING PRONOUNCEMENT


(a)
In June 2009, the FASB issued ASC 105 Accounting Standards
CodificationTMand the Hierarchy of Generally
Accepted Accounting Principles. The FASB Accounting Standards
CodificationTM (the
“Codification”) has become the source of authoritative accounting principles
recognized by the FASB to be applied by nongovernmental entities in the
preparation of financial statements in accordance with Generally Accepted
Accounting Principles (“GAAP”). All existing accounting standard documents are
superseded by the Codification and any accounting literature not included in the
Codification will not be authoritative. Rules and interpretive releases of the
SEC issued under the authority of federal securities laws, however, will
continue to be the source of authoritative generally accepted accounting
principles for SEC registrants. Effective








6





(b)
September 30, 2009, all references made to GAAP in our consolidated
financial statements will include references to the new Codification. The
Codification does not change or alter existing GAAP and, therefore, will not
have an impact on our financial position, results of operations or cash
flows.





(
c) In June 2009, the FASB issued changes to the consolidation guidance
applicable to a variable interest entity (VIE). FASB ASC Topic 810,
"Consolidation," amends the guidance governing the determination of whether an
enterprise is the primary beneficiary of a VIE, and is, therefore, required to
consolidate an entity, by requiring a qualitative analysis rather than a
quantitative analysis. The qualitative analysis will include, among other
things, consideration of who has the power to direct the activities of the
entity that most significantly impact the entity's economic performance and who
has the obligation to absorb losses or the right to receive benefits of the VIE
that could potentially be significant to the VIE. This standard also requires
continuous reassessments of whether an enterprise is the primary beneficiary of
a VIE. FASB ASC 810 also requires enhanced disclosures about an enterprise's
involvement with a VIE. Topic 810 is effective as of the beginning of interim
and annual reporting periods that begin after November 15, 2009. This will not
have an impact on the Company’s financial position, results of operations or
cash flows.





(d)
In June 2009, the FASB issued Financial Accounting Standards Codification No.
860 - Transfers and Servicing. FASB ASC No. 860 improves the relevance,
representational faithfulness, and comparability of the information that a
reporting entity provides in its financial statements about a transfer of
financial assets; the effects of a transfer on its financial position, financial
performance, and cash flows; and a transferor's continuing involvement, if any,
in transferred financial assets. FASB ASC No. 860 is effective as of the
beginning of each reporting entity's first annual reporting period that begins
after November 15, 2009, for interim periods within that first annual reporting
period and for interim and annual reporting periods thereafter. The Company is
evaluating the impact the adoption of FASB ASC No. 860 will have on its
financial statements.





NOTE
2 – Subsequent Events


In
preparing these financial statements, the Company has evaluated events and
transactions for potential recognition or disclosure through February 2nd ,
2010, the date the financial statements were issued.





ITEM
2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF
OPERATION





FORWARD-LOOKING
STATEMENTS


Certain
statements, other than purely historical information, including estimates,
projections, statements relating to our business plans, objectives, and expected
operating results, and the assumptions upon which those statements are based,
are “forward-looking statements” within the meaning of the Private Securities
Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933
and Section 21E of the Securities Exchange Act of
1934.   These forward-looking statements generally are identified
by the words “believes,” “project,” “expects,” “anticipates,” “estimates,”
“intends,” “strategy,” “plan,” “may,” “will,” “would,” “will be,” “will
continue,” “will likely result,” and similar expressions.  We intend
such forward-looking statements to be covered by the safe-harbor provisions for
forward-looking statements contained in the Private Securities Litigation Reform
Act of 1995, and are including this statement for purposes of complying with
those safe-harbor provisions.




7





COMPANY
OVERVIEW AND BUSINESS OPERATIONSOVERVIEW


Great
Wall Builders Ltd., ( the “company”) incorporated in Texas on November 3, 2007.
We plan to provide affordable homes with solar integrated system in Texas.
Growth and expansion opportunities have also been identified in other regions of
the United States as well as in China. The need for affordable homes with solar
integrated system in the United States is in great demand due to change of
consumer preferences for smaller homes and rising energy costs. We plan to
design and sell affordable homes and offer other innovative solar integrated
system such as solar roof tiles, solar hot water heaters and solar photovoltaic
systems. We expect to promote our affordable homes for American families with
solar integrated features in the U.S. and China.





Great
wall Builders Ltd, is a home builder specializes in building solar energy homes
and installation of solar related home products. Advances in solar technology,
the relentless rise of conventional electricity prices, and increasingly
compelling environmental and geopolitical realities are leading homeowners,
businesses and government entities to invest in solar power systems at an
accelerating rate. Our management believes that solar homes will be next
building trend in the United States and abroad. We are looking for affordable
building sites to build solar homes in Texas and other regions of the United
States.





RESULTS
OF OPERATION


We
expect we will require additional capital to meet our long term operating
requirements. We expect to raise additional capital through, among other things,
the sale of equity or debt securities, Private Placement Offerings, Employee
Stock Options Plans and loans from officers and directors.





Three
month period ended December 31st, 2009 compared to the period from inception (
November 3, 2007) to June 30, 2009 Our net loss for the six-month period ended
December 31st,2009
was $42,446 compared to a net loss of $103,900 during the period from inception
(November 3, 2007) to June 30th 2009.  During the three-month period
ended September 30th, 2009, we generated -0- in revenue. During the six-month
period ended December 31st, 2009, we incurred the general & administrative
expense of $1,700 compared to $31,022 incurred during the period from inception
(Novemeber 3, 2007) to June 30th, 2009. General and
administrative expenses incurred during the six-month period ended December
31st,2009 were generally
related to corporate overhead, legal and accounting, stock transfer agents,
Edgar filings.








8





Our
net loss during the six-month period ended December 31st,
2009 was $42,446 or -0- per share compared to a net loss of $103,900 or ($0.02)
per share during the period from inception (November 3, 2007) to June 30th,
2009.





LIQUIDITY
AND CAPITAL RESOURCES


As at the six-month period ended
December 31st, 2009, our current assets were
$3,291and our total liabilities were $126,286 which resulted in a working
capital negative of $122,995 As at the six-month period ended December
31st, 2009, current assets were comprised
of $3,291 in cash compared to $24,751.00 in current assets at fiscal year ended
June 30, 2009. Stockholders' Deficit increased from
$40,440 for fiscal year ended June 30th, 2009 to $85,495 for the six-month
period ended December 31st, 2009. As at the six-month period
ended December 31st,2009, our current assets were $3,291
and our total liabilities were $126,286 which resulted in a negative working
capital of $122,995 Stockholders deficit increased from $40,400 for fiscal year
ended June 30th, 2009 to $85,495 for the six-month
period ended December 31st, 2009.





PLAN
OF OPERATION AND FUNDING


Anticipated
loans from officer and director, existing working capital, further advances and
debt instruments, and anticipated cash flow are  expected to be
adequate to fund our operations over the next 12 months.  We have no
lines of credit or
other  bank  financing  arrangements. Generally,
we have financed operations to date through the  proceeds of the
private placement of  equity  and
debt  instruments. In connection with our business plan, management
anticipates additional increases in operating expenses and capital
expenditures  relating  to:(i) acquisition of building lots;
(ii) architectural and engineering fees  (iii) international and
domestic travel expenses (iv) our expansion plans in China’s market. We intend
to finance these expenses with further issuances of securities,  and
debt  issuances. Thereafter, we expect we will need to raise
additional capital and generate revenues to meet long-term operating
requirements.





OFF-BALANCE
SHEET ARRANGEMENTS


As of the date of this Quarterly
Report, we do not have any off-balance sheet arrangements that have or are
reasonably likely to have a current or future effect on our financial condition,
changes in financial condition, revenues or expenses,
results of operations, liquidity, capital expenditures or capital resources that
are material to investors.





ITEM
3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK.


We
are a small reporting company as defined by Rule 12b-2 of the Securities
Exchange Act of 1934 and are not required to provide the
information.








9








ITEM
4. CONTROLS AND PROCEDURES


EVALUATION
OF DISCLOSURE CONTROLS AND PROCEDURES


Our
management has reviewed and evaluated the effectiveness of our disclosure
controls and procedures (as defined in Exchange Act Rules 240.13a-15(e) or
15d-15(e) as of the end of the period covered by this report. Based on that
evaluation, our management has concluded that the current disclosure controls
and procedures provide them with reasonable assurance that they are effective to
provide them with timely material information relating to us required to be
disclosed in the reports we file or submit under the Exchange Act.





CHANGES
IN INTERNAL CONTROL OVER FINANCIAL REPORTING-


Our
management has evaluated whether any change in our internal control over
financial reporting occurred during the last fiscal quarter. Based on that
evaluation, management concluded that there has been no change in our internal
control over financial reporting during the relevant period that has materially
affected, or is reasonably likely to materially affect, our internal control
over financial reporting.





PART
II. OTHER INFORMATION





Item
1.  LEGAL PROCEEDINGS


We
are not a party to any pending legal proceeding. We are not aware of any pending
legal proceeding to which any of our officers, directors of our voting
securities are adverse to us or have a material interest adverse to
us.





Item
2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS.


There
were no unregistered sales of equity securities during the quarterly period
ended December 31st,
2009.





Item 3.  DEFAULTS UPON SENIOR
SECURITIES


None





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





No
matters have been submitted to our security holders for a vote, through the
solicitation of proxies or otherwise, during the quarterly period ended
September 30tht,
2009.





Item 5.  OTHER
INFORMATION


None.





Item
6. EXHIBITS


Exhibit
31.  Certification of Tian Jia pursuant to rule 13a-14a.


Exhibit
32   Certification of Tian Jia pursuant to U.S.C Section 1350, as
adopted pursuant to Section 906 of the Sarbanes-Oxley Act of
2002.











10





SIGNATURES





In accordance with Section 13 or 15(d)
of the Securities Exchange Act of 1934, the Registrant caused this Report to be
signed on its behalf by the undersigned, thereunto duly
authorized.





Great
Wall Buillders Ltd.,


/s/ Tian Jia,





By:
Tian Jia, Chief Executive Officer/Chief Financial Officer





February
2nd,
2010





Pursuant
to the requirements of the Securities Exchange Act of 1934, as amended, this
Report has been signed below by the following persons on behalf of the
Registrant and in the capacities indicated.





/s/
      Tian Jia,
              By
      Tian Jia
              CEO/CFO