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 09/30/2008





[
] 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 Sept.30th,
2008.





1


GREAT
WALL BUILDERS Ltd.


Form 10-Q Report
Index




Page No:PART
      1. FINANCIAL INFORMATIONItem 1. Financial
      StatementsBalance
      Sheet
            3Statement
      of Operations
              Statement
      of Shareholder’s Equity
            4
              5Statement
      of Cash Flows
            6Notes
      to financial Statements
            7-11Item 2. Management
      Discussion and Analysis of Financial Condition
            12-13Item 3. Quantitative and
      Qualitative Disclosures about Market Risk
            14Item 4. Control and
      Procedures
            14PART
      11. OTHER INFORMATIONItem 1. Legal
      Proceedings
            15Item 2. Unregistered
      Sales of Equity Securities and Use of Proceeds
            15Item 3. Defaults Upon
      Senior Securities
            15Item 4. Submission of
      Matters to a Vote of Securities Holders
            15Item 5. Other
      Information
            15Item 6.
      Exhibit
            15Item 7.
      Signature
            16










2


Great
Wall Builders Ltd.


(A
Development Stage Company)


Balance
Sheet











Sept.30th,
            
            
            June
      30th2008
            
            
            2008(unaudited)
            
            
            (Audited)CURRENT
      ASSETCash
      & cash equivalent
            
            $
            11,380
            
            
            $
            20,000Account
      Receivable
            
            $
            26,860
            
            
            
            -0-Total
      Current Assets
            
            $
            38,240
            
            
            $
            20,000Land
            
            $
            37,500
            
            
            $
            37,500Total
      Assets
            
            $
            75,740
            
            
            $
            57,500Liabilities
      and Stockholder’s EquityLiabilitiesAccrued
      liabilities
            
            $
            50,558
            
            
            
            50,558Total
      Liabilities
            
            $
            50,558
            
            
            
            50,558Shareholder’s
      EquityPreferred
      stock 98,989,886 shares -0- authorizedCommon
      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
            
            
            (38,318
            )
            
            $
            (56,558
            )Total
      Stockholders’ Equity
            
            
            25,182
            
            
            $
            6,942Total
      Liabilities and Stockholder’s Equity
            
            $
            75,740
            
            
            $
            57,500








The
accompanying notes are an integral part of these financial
statements








3


Great
Wall Builders Ltd.,


(A
Development Stage Company)


Statement
of Operation


Sept.
30th, 2008





Three
      Months
              Ended
              Sept.30th
              2008
            
            
            From
      Inception
              on
      Nov 3, 2007,
              Through
              June
      30th
              2008(unaudited)
            
            
            (audited)REVENUES
            
            $
            26,860
            
            
            $
            -0-OPERATING
      EXPENSESGeneral
      and administrative
            
            $
            8,620
            
            
            $
            56,558Total
      Expenses
            
            $
            8,620
            
            
            $
            56,558PROFIT
      (LOSS) FROM OPERATIONS
            
            $
            18,240
            
            
            $
            (56,558
            )NET
      PROFIT (LOSS)
            
            $
            18,240
            
            
            $
            (56,558
            )BASIC
      PROFIT (LOSS) PER COMMON SHARE
            
            $
            0.0038
            
            
            $
            (0.012
            )PROVISION
      FOR INCOME TAXESWEIGHTED
      AVERAGE NUMBER OF COMMON SHARES OUTSTANDING
            
            $
            4,640,526
            
            
            $
            4,640,526








The
accompanying notes are an integral part of these financial
statements







4


Great
Wall Builders Ltd.,


(A
Development Stage Company)


Statement
of Stockholder’s Equity


From
Inception ( Nov. 3, 2007) to September 30th, 2008


(
unaudited)




DeficitAdditional
            
            
            accumulated
            
            
            TotalCommon
    Stock
            
            
            Paid-in
            
            
            development
            
            
            Stockholders'Shares
            
            
            Amount
            
            
            Capital
            
            
            during
    stage
            
            
            EquityFrom
      Inception through Sept 30th, 2008.Common
      stock issued for  non-cash assets at $0.013 per share on
      12/18/2007
            
            
            1,964,5000
            
            
            $
            196.00
            
            
            $
            18,804
            
            
            
            
            
            $
            19,000Common
      stock issued for cash at $0. 013 per share on 12/28/2007
            
            
            2,832,000
            
            
            $
            283.00
            
            
            $
            37,217
            
            
            
            
            
            $
            37,500Common
      stock issued for cash at $2.00 per share on 1/16//2008
            
            
            3,500
            
            
            $
            3
            
            
            $
            6,997
            
            
            
            
            
            $
            7,000Net
      loss from inception through June 30th,2008
            
            
            
            
            
            
            
            
            
            
            
            
            
            $
            (56,558
            )
            
            $
            (56,558
            )Balance
      on June 30th, 2008
            
            
            4,800,000
            
            
            $
            482
            
            
            $
            63,018
            
            
            $
            (56,558
            )
            
            $
            6,942Net
      Profit 9/30/2008
            
            
            
            
            
            
            
            
            
            
            
            
            
            $
            18,240
            
            
            $
            18,240Balance
      on Sept.30th, 2008
            
            
            4,800,000
            
            
            $
            482
            
            
            $
            63,018
            
            
            $
            (38,318)
            
            
            $
            25,182








The
accompanying notes are an integral part of these financial
statements








5


Great
Wall Builders Ltd.,


(A
Development Stage Company)


Statement
of Cash flows


(
unaudited)





Three
      Months
            
            
            FromEnded
            
            
            Inception
      onSept.30th
            
            
            (11/3/2007)
      to2008
            
            
            06/30/2008(
      un-audited)
            
            
            (audited)OPERATING
      ACTIVITIESNet
      (loss)
            
            $
            (8,620
            )
            
            $
            (6,000
            )Net
      Cash Used byOperating
      Activities
            
            $
            (
      8,620
            )
            
            $
            6,000INVESTING
      ACTIVITIES
            
            
            -0-
            
            
            
            -0-FINANCING
      ACTIVITIES
            
            
            -0-
            
            
            
            -0-Proceeds
      from issuance of common stock
            
            
            -0-
            
            
            $
            26,000Net
      Cash Used byFinancing
      Activities
            
            
            -0-
            
            
            $
            26,000NET
      DECREASE IN CASH
            
            $
            (8,620
            )CASH
      AT BEGINNING OF PERIOD
            
            $
            20,000
            
            
            $
            26,000CASH
      AT END OF PERIOD
            
            $
            11,380
            
            
            $
            20,000Non-cash
      activities:Stock
      issued for properties
            
            
            
            
            
            $
            37,500SUPPLEMENTAL
      DISCLOSURES OFCASH
      FLOW INFORMATIONCash
      paid for interest:
            
            
            
            
            
            $
            -0Income
      Taxes
            
            
            
            
            
            $
            -0-


The
accompanying notes are an integral part of these financial
statements








6


Great
Wall Builders


(
A development Stage Company)


Notes
to Financial Statements


September
30th,
2008


(
unaudited)








NOTE
1 – Nature of Organization




Nature
of Operations and Continuance of Business


The
Company is a Development Stage Company, as defined by Statement of Financial
Accounting Standard (“SFAS”) No.7 “Accounting and Reporting by
Development Stage Enterprises”. In a development stage company,
management devotes most of its activities to developing a market for its
products and services. 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. As of September 30th, the
company has generated $26,860. in revenues




NOTE:
2 Summary of Significant Accounting Policies




(1)
Basis of Presentation and Year
End


These
financial statements are presented in accordance with accounting principles
generally accepted in the United States, and are expressed in U.S. dollars. The
Company’s fiscal year-end is June 30th
2008.




(2) Use of
Estimates


The
preparation of financial statements in accordance with United States generally
accepted accounting principles requires management to make estimates and
assumptions that affect the reported amounts of assets and liabilities at the
date of the financial statements and the reported amounts of revenue and
expenses in the reporting period. The Company regularly evaluates estimates and
assumptions related to deferred income tax asset valuations. The Company bases
its estimates and assumptions on current facts, historical experience and
various other factors that it believes to be reasonable under the circumstances,
the results of which form the basis for making judgments about the carrying
values of assets and liabilities and the accrual of costs and expenses that are
not readily apparent from other sources. The actual results experienced by the
Company may differ materially and adversely from the company’s estimates. To the
extent there are material differences between the estimates and the actual
results, future results of operations will be affected.





7


(3) Cash and cash equivalent.
The Company considers all highly liquid instruments with a maturity of three
months or less at the time of issuance to be cash equivalents.




(4)
Financial Instruments


The
fair values of financial instruments, which include cash, accounts payable,
accrued liabilities, and amounts due to related parties, were estimated to
approximate their carrying values due to the immediate or short-term maturity of
these financial instruments. Unless otherwise noted, it is management’s opinion
that the Company is not exposed to significant interest, currency or credit
risks arising from these financial instruments.




(5)
Foreign Currency Translation


The
Company’s functional and reporting currency is the United States dollar.
Monetary assets and liabilities denominated in foreign currencies are translated
to United States dollars in accordance with SFAS No. 52 “Foreign Currency Translation”using the exchange rate prevailing at the balance sheet date. Gains and
losses arising on translation or settlement of foreign currency denominated
transactions or balances are included in the determination of
income.




(6)
Comprehensive Loss


SFAS
No. 130, “Reporting
Comprehensive Income” establishes standards for the reporting and display
of comprehensive loss and its components in the financial statements. As at
Sept.30th , 2008 and 2007, the Company has no items that represent comprehensive
loss and, therefore, has not included a schedule of comprehensive loss in the
financial statements.




(7)
Basic and Diluted Net Income (Loss) per Share


The
Company computes net income (loss) per share in accordance with SFAS No. 128,
"Earnings per Share"
(SFAS 128). SFAS 128 requires presentation of both basic and diluted earnings
per share (EPS) on the face of the income statement. Basic EPS is computed by
dividing net income (loss) available to common shareholders (numerator) by the
weighted average number of common shares outstanding (denominator) during the
period. Diluted EPS gives effect to all dilutive potential common shares
outstanding during the period including stock options, using the treasury stock
method, and convertible preferred stock, using the if-converted method. In
computing diluted EPS, the average stock price for the period is used in
determining the number of shares assumed to be purchased from the exercise of
stock options or warrants. Diluted EPS excludes all dilutive potential common
shares if their effect is anti dilutive





(8) Income Taxes


Potential
benefits of income tax losses are not recognized in the accounts until
realization is more likely than not. The Company has adopted SFAS No. 109, “Accounting for Income
Taxes”, as of its inception. Pursuant to SFAS No. 109 the Company is
required to compute tax asset benefits for net operating losses carried forward.
The potential benefits of net operating losses have not been recognized in these
financial statements because the Company cannot be assured it is more likely
than not it will utilize the net operating losses carried forward in future
years.




8


(9)
Revenue Recognition


The
Company recognizes revenue from the sale of products and services in accordance
with Securities and Exchange Commission Staff Accounting Bulletin No. 104 (“SAB
104”), “Revenue Recognition in
Financial Statements.” Revenue will consist of selling of new and
existing homes, home remodeling,


solar
installation services and will be recognized only when the price is fixed or
determinable, the service is performed or products delivered, and collectivity
is reasonably assured. Payments received before all of the relevant criteria for
revenue recognition are satisfied will be recorded as unearned
revenue.




(10)
Comprehensive Loss


SFAS
No. 130, “Reporting
Comprehensive Income” establishes standards for the reporting and display
of comprehensive loss and its components in the financial statements. As at June
30th, 2008 and 2007, the Company has no items that represent comprehensive loss
and, therefore, has not included a schedule of comprehensive loss in the
financial statements.




(11)
Concentration of Risk


As
of September 30th, 2008, the Company maintained its cash and cash equivalent
accounts at commercial banks.





(12)
Depreciation


The
cost of the property and equipment will be depreciated over the estimated useful
life of 5 to 7 years. Depreciation is computed using the straight-line method
when asset are placed in service.




(13)
Accounting Method


The
Company’s financial statements are prepared using the accrual method of
accounting.




Note
2 -Recently Issued Accounting Pronouncements





(a)
In May 2008, the Financial Accounting Standards Board (“FASB”) issued SFAS No.
163, “Accounting for Financial Guarantee Insurance Contracts – An interpretation
of FASB Statement No. 60”. SFAS 163 requires that an insurance enterprise
recognize a claim liability prior to an event of default when there is evidence
that credit deterioration has occurred in an insured financial obligation. It
also clarifies how Statement 60 applies to financial guarantee insurance
contracts, including the recognition and measurement to be used to account for
premium revenue and claim liabilities, and requires expanded disclosures about
financial guarantee insurance contracts. It is effective for financial
statements issued for fiscal years beginning after December 15, 2008, except for
some disclosures about the insurance enterprise’s risk-management activities.
SFAS 163 requires that disclosures about the risk-management activities of the
insurance enterprise be effective for the first period beginning after issuance.
Except for those disclosures, earlier application is not permitted. The adoption
of this statement is not expected to have a material effect on the Company’s
financial statements.







9


(b)
In May 2008, the FASB issued SFAS No. 162, “The Hierarchy of Generally Accepted
Accounting Principles”. SFAS 162 identifies the sources of accounting principles
and the framework for selecting the principles to be used in the preparation of
financial statements of nongovernmental entities that are presented in
conformity with generally accepted accounting principles in the United States.
It is effective 60 days following the SEC approval of the Public Company
Accounting Oversight Board amendments to AU Section 411, “The Meaning of Present
Fairly in Conformity With Generally Accepted Accounting Principles”. The
adoption of this statement is not expected to have a material effect on the
Company’s financial statements.




(c)
In March 2008, the Financial Accounting Standards Board (“FASB”) issued SFAS No.
161, “Disclosures about Derivative Instruments and Hedging Activities – an
amendment to FASB Statement No. 133”. SFAS No. 161 is intended to improve
financial standards for derivative instruments and hedging activities by
requiring enhanced disclosures to enable investors to better understand their
effects on an entity's financial position, financial performance, and cash
flows. Entities are required to provide enhanced disclosures about: (a) how and
why an entity uses derivative instruments; (b) how derivative instruments and
related hedged items are accounted for under Statement 133 and its related
interpretations; and (c) how derivative instruments and related hedged items
affect an entity’s financial position, financial performance, and cash flows. It
is effective for financial statements issued for fiscal years beginning after
November 15, 2008, with early adoption encouraged. The adoption of this
statement is not expected to have a material effect on the Company’s financial
statements.(d ) In February 2007, the Financial Accounting Standards Board
(FASB) issued SFAS No. 159, “The Fair Value Option for Financial Assets and
Financial Liabilities – Including an Amendment of FASB Statement No. 115”. This
statement permits entities to choose to measure many financial instruments and
certain other items at fair value. Most of the provisions of SFAS No. 159 apply
only to entities that elect the fair value option. However, the amendment to
SFAS No. 115 “Accounting for Certain Investments in Debt and Equity Securities”
applies to all entities with available-for-sale and trading securities. SFAS No.
159 is effective as of the beginning of an entity’s first fiscal year that
begins after November 15, 2007. Early adoption is permitted as of the beginning
of a fiscal year that begins on or before
November 15, 2007, provided the entity also elects to apply the provision of
SFAS No. 157, “Fair Value Measurements”. The adoption of this statement did not
have a material effect on the Company's financial statements.




(e)
In December 2007, the FASB issued SFAS No. 160, “Non-controlling Interests in
Consolidated Financial Statements Liabilities –an Amendment of ARB No. 51”. This
statement amends ARB 51 to establish accounting and reporting standards for the
Non-controlling interest in a subsidiary and for the deconsolidation of a
subsidiary. This statement is effective for fiscal years, and interim periods
within those fiscal years, beginning on or after December 15, 2008, and earlier
adoption is prohibited. The adoption of this statement did not have a material
effect on the Company's financial statements.




10


(f)
In February 2007, the Financial Accounting Standards Board (FASB) issued SFAS
No. 159, “The Fair Value Option for Financial Assets and Financial Liabilities –
Including an Amendment of FASB Statement No. 115”. This statement permits
entities to choose to measure many financial instruments and certain other items
at fair value. Most of the provisions of SFAS No. 159 apply only to entities
that elect the fair value option. However, the amendment to SFAS No. 115
“Accounting for Certain Investments in Debt and Equity Securities” applies to
all entities with available-for-sale and trading securities. SFAS No. 159 is
effective as of the beginning of an entity’s first fiscal year that begins after
November 15, 2007. Early adoption is permitted as of the beginning of a fiscal
year that begins on or before November 15, 2007, provided the entity also elects
to apply the provision of SFAS No. 157, “Fair Value Measurements”. The adoption
of this statement did not have a material effect on the Company's financial
statements.




(g)
In September 2006, the FASB issued SFAS No. 157, “Fair Value Measurements”. The
objective of SFAS No. 157 is to increase consistency and comparability in fair
value measurements and to expand disclosures about fair value measurements. SFAS
No. 157 defines fair value, establishes a framework for measuring fair value in
generally accepted accounting principles, and expands disclosures about fair
value measurements. SFAS No. 157 applies under other accounting pronouncements
that require or permit fair value measurements and does not require any new fair
value measurements. The provisions of SFAS No. 157 are effective for fair value
measurements made in fiscal years beginning after November 15, 2007. The
adoption of this statement did not have a material effect on the Company
reported financial position or results of operations.




Note 3: Common Stock
Registration Expenses




The
Company considers incremental costs and expenses related to the registration of
equity securities with the SEC, whether by contractual arrangement as of a
certain date or by demand, to be unrelated to original issuance transactions. As
such, subsequent registration costs and expenses are reflected in the
accompanying financial statements as general and administrative expenses, and
are expensed as incurred.




Note
4 : Registration Statement




On
08/26/2008, the Company filed a registration statement on Form S-1 with the
Securities and Exchange Commission (SEC) on behalf of shareholders. On
09/10/2008, the SEC declared the registration effective. The management is
working with broker-dealers to file Form 211 with the Financial Industry
Regulatory Authority (FINRA).





11


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.





COMPANY
OVERVIEW AND BUSINESS OPERATIONS


Great
wall Builders Ltd, is a home builder specializes
in building solar energyhomes and installation of solar related home products. Advances in solar
technology, the relentless rise of conventional electricity prices, and
increasingly compelling environmental and geopoliticalrealitiesare leading homeowners, businesses and government entities to invest in solar
power systems at an accelerating rate. Some of the reasons you should
considered a solar equippedhome
than a tradition home build by homebuilders:


·
              Substantially
      lower or even
      eliminate your electric bill
now!


·
              Protect yourself against
      inevitable rate hikes for 25-40 years or
  more.


·
              Become more energy
      independent.


·
              Increase the value of your
      home or business.


·
              Significantly
      reduce your up-front investment with government incentives and
      rebates.


·
              Own your own power-generator
      that has no moving parts, is completely silent, requires no transmission
      from distant sources, and is virtually maintenance
      free!


Our
management believe 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 generated $26,860 in revenues. The revenues have been derived from
remodeling of home with solar systems. For the coming quarters, we expect to be
able to start building solar homes at a rate of 6 solar homes for the first year
as our financial condition improved.





12


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 September 30th, 2008 compared to the period from
inception


(
November 3, 2007) to September 30,2008.


Our
net profit for the three-month period ended July 31, 2008 was approximately
$18,240 compared to a net loss of $56,558 during the period from inception
(November 3, 2007) to September 30th 2008.  During the three-month
period ended Sept 30, 2008, we generated $26,860 in revenue. During the
three-month period ended September 30, 2008, we incurred general and
administrative expenses of $8,620 compared to $56,558 incurred during the period
from inception (November 3, 2007) to September 30th, 2008. General and
administrative expenses incurred during the three-month period ended September
30th,2008
were generally related to corporate overhead, legal and accounting, stock
transfer agents, Edgar filings and developmental costs.





Our
net profit during the three-month period ended September 30th, 2008 was $18,240
or $0.0038 per share compared to a net loss of ($56,558) or ($0.012) per share
during the period from inception (November 3, 2007) to September 30th,
2008.





LIQUIDITY
AND CAPITAL RESOURCES


As
at the three-month period ended September 30th, 2008, our current assets were
$75,740 and our total liabilities were $50,558 which resulted in a working
capital surplus of $25,182. As at the three-month period ended September 30th,
2008, current assets were comprised of $11,380 in cash and $26,860 in account
receivable compared to $20,000 in current assets at fiscal year ended June 30,
2008.





Stockholders'
equity increased from $6,942 for fiscal year ended June 30th, 2008 to $25,182
for the three-month period ended September 30th, 2008. As at the three-month
period ended September 30th, 2008,
our current assets were $75,740 and our total liabilities were $50,558, which
resulted in a working capital surplus of $25,182. Stockholders equity increased
from $6,942 for fiscal year ended June 30th, 2008
to $25,182 for the three-month period ended September 30th,
2008.





PLAN
OF OPERATION AND FUNDING


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) developmental expenses associated with a start-up business; and (iii)
marketing expenses. 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.





13


On
August 26th 2008, we filed a registration statement on
Form  S-1  with The Securities  and Exchange
Commission pursuant to the Securities Act of 1933, As
amended  (the  "1933  Securities Act"), relating
to the public offering of 1,968,000 shares of our common stock by certain
selling shareholders ("Selling  Shareholders") named in the
Registration Statement. The Selling Shareholders will sell our shares of common
stock at $2.00 per share until our shares are quoted on the OTC Bulletin Board
and thereafter at prevailing market prices or privately negotiated prices. We
will not receive any proceeds from the sale of these shares of common
stock.





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.





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.




Annual report on internal control
over financial reporting. Based upon the most recent
pronouncements of the Securities and Exchange Commission, our first annual
report on internal control over financial reporting is due for inclusion in our
annual report on Form 10-K for the twelve month period ending June 30th, 2009.
We expect to begin the process during this fiscal year of identifying a
framework to use to evaluate the effectiveness of our internal control over
financial reporting as (as defined in Rule 13a-15(f) or 15d-15(f) under the
Securities Exchange Act of 1934.)




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.




14


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 September 20,2008..




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 30th,
2008..





Item 5.   Other
Information.


None.





Item 6.Exhibits




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




Exhibit
32Certification
ofTian
Jiapursuant toU.S.C Section 1350,as adopted pursuant to Section 906 of the
Sarbanes-Oxley Act of 2002.




15




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




Sept.30th,
2008








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.










16