U.S. SECURITIES AND EXCHANGE COMMISSION



Washington, D.C. 20549



Form 10-Q/A



( Amendment 3)



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



For the quarterly period ended March 31,
2011



[ ] 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 March 31, 2011.



Explanation Note:



The reason for filing this Amendment No. 2 on Form 10-Q/A is
to provide supplementary disclosures to the registrant Form 10-QA filled with the US Securities and Exchange Commission on May
25, 2011.  These supplemental disclosures include the followings:



(a) Revised Exhibit 31 and Exhibit 32 with currently
dated officer certifications as exhibits in accordance with Item 601(b)(31) and Item 601(b) (32) of Regulation S-K.



(b)  Revised Exhibit 31 that provided management's
conclusion based on the full definition of disclosure controls and procedures as provided in Exchange Act Rules 13a-15(e) and 15d-15(e).



This amendment No:3 does it reflect any changes that may have
occurred subsequent to the original filing, the other Items in the Initial Filing remain unchanged and are not restated herein.







1







GREAT WALL BUILDERS Ltd.



Form 10-Q Report Index







|                                                                    | Page No.
|------------------------------------------------------------------- | --------
|PART 1. FINANCIAL INFORMATION                                       |         
|                                                                    |         
|Item 1. Financial Statements                                        |         
|                                                                    |         
|Condensed Balance Sheets                                            | 3       
|                                                                    |         
|Condensed Statements of Operations                                  | 4       
|                                                                    |         
|Condensed Statements of Cash Flows                                  | 5       
|                                                                    |         
|Notes to Condensed Financial Statements                             | 6-7     
|                                                                    |         
|Item 2. Management Discussion and Analysis of Financial Condition   | 8-9     
|                                                                    |         
|Item 3. Quantitative and Qualitative Disclosures about Market Risk  | 10      
|                                                                    |         
|Item 4. Control and Procedures                                      | 10      
|                                                                    |         
|PART 11. OTHER INFORMATION                                          |         
|                                                                    |         
|Item 1. Legal Proceedings                                           | 10      
|                                                                    |         
|Item 2. Unregistered Sales of Equity Securities and Use of Proceeds | 10      
|                                                                    |         
|Item 3. Defaults Upon Senior Securities                             | 10      
|                                                                    |         
|Item 4. Submission of Matters to a Vote of Securities Holders       | 10      
|                                                                    |         
|Item 5. Other Information                                           |         
|                                                                    |         
|Item 6. Exhibit                                                     | 10      
|                                                                    |         
|Item 7. Signature                                                   | 11      





2







PART 1: FINANCIAL STATEMENTS



GREAT WALL BUILDERS LTD.,



(A Development Stage Company)



CONDENSED BALANCE SHEETS







|                                                                                                  |  | March 31    |           |   | June 30 |  
|------------------------------------------------------------------------------------------------- |  | ----------- | --------- | - | ------- | -
|                                                                                                  |  | 2011        |           |   | 2010    |  
|                                                                                                  |  | (unaudited) |           |   |         |  
|                                                                                                  |  |             |           |   |         |  
|ASSETS                                                                                            |  |             |           |   |         |  
|CURRENT ASSETS                                                                                    |  |             |           |   |         |  
|Cash and cash equivalent                                                                          |  | $           | 512       |   |         | $
|                                                                                                  |  |             |           |   |         |  
|Total Current Assets                                                                              |  |             | 512       |   |         |  
|                                                                                                  |  |             |           |   |         |  
|                                                                                                  |  |             |           |   |         |  
|Land                                                                                              |  |             | 37,500    |   |         |  
|                                                                                                  |  |             |           |   |         |  
|TOTAL ASSETS                                                                                      |  | $           | 38,012    |   |         | $
|                                                                                                  |  |             |           |   |         |  
|                                                                                                  |  |             |           |   |         |  
|LIABILITIES AND STOCKHOLDER’S DEFICIT                                                             |  |             |           |   |         |  
|CURRENT LIABILITIES                                                                               |  |             |           |   |         |  
|Account payable and accrued liabilities                                                           |  | $           | 228,348   |   |         | $
|                                                                                                  |  |             |           |   |         |  
|TOTAL CURRENT LIABILITIES                                                                         |  | $           | 228,348   |   |         | $
|                                                                                                  |  |             |           |   |         |  
|                                                                                                  |  |             |           |   |         |  
|SHAREHOLDERS'  DEFICIT                                                                            |  |             |           |   |         |  
|Preferred stock, $0.0001 par value, 98,989,886 authorized, no shares issued and outstanding       |  |             | --        |   |         |  
|Common stock, $0.0001 par value, 918,816,988 authorized, 4,800,000 shares issued and outstanding. |  |             | 482       |   |         |  
|Additional paid-in Capital                                                                        |  |             | 63,018    |   |         |  
|Deficit accumulated during development stage                                                      |  |             | (253,836) |   |         |  
|Stockholder’s Deficit                                                                             |  |             | (190,336  | ) |         |  
|                                                                                                  |  |             |           |   |         |  
|TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT                                                       |  | $           | 38,012    |   |         | $





The accompanying notes are an integral part
of these financial statements



3



GREAT WALL BUILDERS LTD.,



(A Development Stage Company)



CONDENSED STATEMENTS OF OPERATIONS



(unaudited)







|                                                                                                  |  |                      |           |   |                     |   |           | For the Period from | 
|------------------------------------------------------------------------------------------------- |  | -------------------- | --------- | - | ------------------- | - | --------- | ------------------- | 
|                                                                                                  |  | For the three months |           |   | For the nine months |   |           | November 3, 2007    | 
|                                                                                                  |  | ended                |           |   | ended               |   |           | (Inception) through | 
|                                                                                                  |  | March 31             |           |   | March 31            |   |           | March 31            | 
|                                                                                                  |  | 2011                 |           |   | 2010                |   |           | 2011                | 
|                                                                                                  |  |                      |           |   |                     |   |           |                     | 
|Revenues                                                                                          |  | $                    | -         |   |                     | $ | -         |                     | 
|Total revenue                                                                                     |  |                      |           |   |                     |   |           |                     | 
|                                                                                                  |  |                      |           |   |                     |   |           |                     | 
|Operating Expenses                                                                                |  |                      |           |   |                     |   |           |                     | 
|General and administrative                                                                        |  |                      | 740       |   |                     |   | 1,993     |                     | 
|Executive Compensation                                                                            |  |                      | 19,545    |   |                     |   | 19,545    |                     | 
|                                                                                                  |  |                      |           |   |                     |   |           |                     | 
|Total Operating Expenses                                                                          |  |                      | 20,285    |   |                     |   | 21,538    |                     | 
|                                                                                                  |  |                      |           |   |                     |   |           |                     | 
|LOSS FROM OPERATION                                                                               |  |                      | (20,285)  |   |                     |   | (21,538)  |                     | 
|PROVISION FOR INCOME TAX                                                                          |  |                      | -         |   |                     |   | -         |                     | 
|                                                                                                  |  |                      |           |   |                     |   |           |                     | 
|NET INCOME (LOSS)                                                                                 |  | $                    | (20,285)  |   |                     | $ | (21,538)  |                     | 
|Income (loss) per share-basic and                                                                 |  |                      |           |   |                     |   |           |                     | 
|diluted                                                                                           |  |                      | (0.00     | ) |                     |   | (0.00)    |                     | 
|                                                                                                  |  |                      |           |   |                     |   |           |                     | 
|Weighted average number of
        
        share outstanding –basic and
        
        diluted |  |                      | 4,800,000 |   |                     |   | 4,800,000 |                     | 





The accompanying notes are an integral part
of the condensed financial statements



4



GREAT WALL BUILDERS LTD.



(A Development Stage Company)



Condensed
Statement of Cash flows



(un-audited)







|                                                 |  |                           |          |  | For the Period                            |  
|------------------------------------------------ |  | ------------------------- | -------- |  | ----------------------------------------- | -
|                                                 |  |                           |          |  | from                                      |  
|                                                 |  | For the nine months ended |          |  | November 3, 2007
        
        through |  
|                                                 |  | March 31                  |          |  | March 31                                  |  
|                                                 |  | 2011                      |          |  | 2010                                      |  
|                                                 |  |                           |          |  |                                           |  
|CASH FLOWS FROM OPERATING ACTIVITIES:            |  |                           |          |  |                                           |  
|                                                 |  | $                         | (63,340) |  |                                           | $
|Net loss                                         |  |                           |          |  |                                           |  
|Changes in operating assets and Liabilities:     |  |                           |          |  |                                           |  
|Accounts payable and accrued liabilities         |  |                           | 63,272   |  |                                           |  
|Net cash (used) provided by operating activities |  |                           | (68)     |  |                                           |  
|                                                 |  |                           |          |  |                                           |  
|                                                 |  |                           |          |  |                                           |  
|                                                 |  |                           |          |  |                                           |  
|CASH FLOWS FROM FINANCING ACTIVITIES:            |  |                           |          |  |                                           |  
|Stock subscriptions                              |  |                           | -        |  |                                           |  
|Net Increase ( decrease) in cash                 |  |                           | (68)     |  |                                           |  
|CASH- BEGINNING OF PERIOD                        |  |                           | 580      |  |                                           |  
|CASH -END OF PERIOD                              |  | $                         | 512      |  |                                           | $
|                                                 |  |                           |          |  |                                           |  
|SUPPLEMENTAL CASH FLOW INFORMATION:              |  |                           |          |  |                                           |  
|Stock issued for properties                      |  |                           |          |  |                                           |  
|                                                 |  |                           | -        |  |                                           |  

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







5



GREAT WALL BUILDERS LTD.



(A Development Stage Company)



Notes to Condensed Financial Statements



NOTE 1- NATURE OF OPERATION



Great Wall Builders Ltd., 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.



NOTE 2-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 $253,836 on March 31, 2011, which
among other matters, raises substantial 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 for the fiscal year ending June 30, 2011. Thereafter, the Company will be required to seek additional funds to finance
its current and long-term operations.



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 officer and director will be sufficient to meet its liquidity needs
for fiscal year ending 2011. However, no assurance can be given that the Company will receive any funds in addition to the funds
it has received to date.



NOTE 3- SIGNIFICANT ACCOUNTING POLICIES



BASIS OF PRESENTATION



The
financial statements of the Company have been prepared in accordance with generally accepted accounting principles in the United
States of America and are presented in US dollars.



USE OF ESTIMATE



The preparation of financial statements in conformity with Generally
Accepted Accounting Principles ("GAAP") 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 financial statements and the reported
amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.



6



CASH AND CASH EQUIVALENTS



The Company considers all highly liquid instruments with a maturity
of three months or less at the time of issuance to be cash equivalents. The Company had no cash equivalent as of March 31, 2011.



INCOME TAXES



Income taxes are accounted for under the
assets and liability method. Deferred tax assets and liabilities are recognized for the estimated future tax consequences attributable
to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases
and operating loss and tax credit carry forwards. Deferred tax assets and liabilities are measured using enacted tax rates in effect
for the year in which those temporary differences are expected to be recovered or settled.



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.



STOCK-BASED COMPENSATION



Stock-based compensation is accounted for at fair value in accordance
with Financial Accounting Standards Board Accounting Standards Codification 718 (FASB ASC 718) "Stock Compensation". As of March
31, 2011, the Company has not adopted a stock option plan and has not granted any stock options.



FINANCIAL INSTRUMENTS



The carrying value of the Company financial instruments approximates
their fair value because of the short maturity of these instruments.



NOTE 4 -RELATED PARTY TRANSACTIONS



As of March 31, 2010, there is an accrued salary payable to our
Officer, Tian Jia, in the amount of $228,348.



NOTE 5- RECENT ACCOUNTING PRONOUNCEMENTS



In January 2010, the FASB issued ASU No.2010-6,
Improving Disclosures about Fair Value Measurements, that amends existing disclosure requirements under FASB Accounting Standards
Codification ( ASC) 820 by adding required disclosures about items transferring into and out of Levels 1 and 2 in the fair value
hierarchy; adding separate disclosures about sales, issuances, and settlements relative to level 3 measurements; and clarifying,
among other things, the existing fair value disclosures about the level of disaggregation. Form3 M this ASU is effective for the
first quarter of 2010, except for the requirement to provide level 3 activity of purchases, sales, issuances, and settlements on
a gross basis, which is effective beginning the first quarter of 2011. The adoption of this guidance did not have a material impact,
and the deferred provisions of this guidance are not expected to have a material impact, on the Company's condensed financial statements.



7







NOTE 6-SUBSEQUENT EVENTS



In preparing these financial statements, the Company has evaluated
events and transactions for potential recognition or disclosure through April 22, 2011, the date the financial statements were
issued.



Item 2: MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL
CONDITION AND RESULTS OF OPERATIONS



COMPANY OVERVIEW AND BUSINESS OPERATIONS OVERVIEW



Great Wall Builders Ltd. 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. As of the date of this Quarterly Report, we have incurred a net loss of
$20,285.



8



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-months period ended March 31, 2011
compared to the period from inception (November 3, 2007) to March 31, 2011 Our net loss for the three-months period ended March
31, 2011 was $20,285 compared to a net loss of $253,836 during the period from inception (November 3, 2007) to March 31, 2011.
During the three-months period ended March 31, 2011, we generated -0- in revenue. During the three-month period ended March 31,
2011, we incurred the general & administrative expense of $740 compared to $49,808 incurred during the period from inception
(November 3, 2007) to March 31, 2011. General and administrative expenses incurred during the three-month period ended March 31,
2011 were generally related to corporate overhead, legal and accounting, stock transfer agents, Edgar filings.



Our net loss during the three-months period ended March 31, 2011
was $20,285 or ($0.00) per share compared to a net loss of $253,836 or ($0.05) per share during the period from inception (November
3, 2007) to March 31, 2011.



LIQUIDITY AND CAPITAL RESOURCES



As of the three-months period ended March 31, 2011, our current
assets were $512 and our total liabilities were $228,348 which resulted in a working capital negative of $227,836. As of the three-month
period ended December 31, 2010, current assets were comprised of $253 in cash compared to $580 in current assets at fiscal year
ended June 30, 2010. Stockholders' Deficit increased from $190,496 for fiscal year ended June 30, 2010 to $253,836 for the nine-months
period ended March 31, 2011.



PLAN OF OPERATION AND FUNDING



We expect that working capital requirements will continue to
be funded through a combination of our existing funds, advance from our officer and director, and further issuances of securities.
Our working capital requirements are expected to increase in line with the growth of our business.



Existing working capital, further advances from our officer and
director, 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 advance from officer and director. 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 market. We intend to finance these expenses with further issuances of securities, advance from our officer
and director. 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.







9







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.



Item 4: CONTROLS AND PROCEDURES EVALUATION OF DISCLOSURE CONTROLS
AND PROCEDURES



In connection with the preparation of this quarterly report,
an evaluation was carried out by the Company management, with the participation of the chief executive officer and the chief financial
officer, of the effectiveness of the Company disclosure controls and procedures (as defined in Rules 13a-15(e) and 15d-15(e) under
the Securities Exchange Act of 1934 ("Exchange Act") as of March 31, 2011. Disclosure controls and procedures are designed to ensure
that information required to be disclosed in reports filed or submitted under the Exchange Act is recorded, processed, summarized,
and reported within the time periods specified in the Commission rules and forms, and that such information is accumulated and
communicated to management, including the chief executive officer and the chief financial officer, to allow timely decisions regarding
required disclosures.



Based on that evaluation, the Company management
concluded, as of the end of the period covered by this report, that the Company disclosure controls and procedures were effective
in recording, processing, summarizing, and reporting information required to be disclosed, within the time periods specified in
the Commission rules and forms, and such information was accumulated and communicated to management, including the chief executive
officer and the chief financial officer, to allow timely decisions regarding required disclosures.



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 March 31, 2011.



Item 3: DEFAULTS UPON SENIOR SECURITIES



None



Item 5:OTHER INFORMATION



None.



Item 6: EXHIBITS



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



Exhibit
32Certification 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 Builders Ltd.



/s/ Tian Jia,



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



July 11, 2011



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, Chief Executive Officer & Chief Financial Officer. |  | 
|---------------------------------------------------------------------------------------------- |  | 

Date: July 11, 2011







11