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 12/31/2008





[  ]  
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 Dec.31,
2008




1







GREAT
WALL BUILDERS Ltd.


Form
10-Q Report Index




Page
      No:PART
      1. FINANCIAL INFORMATIONItem 1. Financial
      StatementsBalance
      Sheet
            3Condensed
      Statements of Operations
            4Statement
      of Shareholder’s Equity
            5Statement
      of Cash Flows
            6Notes
      to financial Statements
            7Item .2 Management
      Discussion and Analysis of Financials
            7-9Item 3. Quantitative and
      Qualitative Disclosures about Market Risk
            9Item 4. Control and
      Procedures
            9PART
      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
      Information
            10Item 6.
      Exhibit
            10Item 7.
      Signature
            11











2











Great
      Wall Builders Ltd.,
                                                (
      A Developing Stage Company)
                                                Balance
      SheetDec.31st
                                                2008
                                              
                                              June
      30th
                                                2008
                                                (audited)CURRENT
      ASSET
                                              
                                              
                                              (un-audited)Cash
      & cash equivalent
                                              
                                              
                                              
                                              $16,809
                                              
                                              $
                                              20,000Account
      Receivable
                                              
                                              
                                              
                                              $21,000
                                              
                                              
                                              -0-Total
      Current Assets
                                              
                                              
                                              
                                              $37,809
                                              
                                              $
                                              20,000Long
      Term Asset:Land
                                              
                                              
                                              
                                              $37,500
                                              
                                              $
                                              37,500Total
      Assets
                                              
                                              
                                              
                                              $75,309
                                              
                                              $
                                              57,500Liabilities
      and Stockholder’s EquityLiabilitiesAccrued
      liabilities
                                              
                                              
                                              
                                              $35,558
                                              
                                              
                                              50,558Total
      Liabilities
                                              
                                              
                                              
                                              $35,558
                                              
                                              
                                              50,558Shareholder’s
      EquityCommon
      Stock 918,816,988 shares authorized: $0.0001 par value: 44,800,000 shares
      issued & outstanding
                                              
                                              
                                              
                                              $    482
                                              
                                              $
                                              482Additional
      paid-in capital
                                              
                                              
                                              
                                              $
      63,018
                                              
                                              $
                                              63,018Deficit
      accumulated during development stage
                                              
                                              
                                              
                                              $
      (
      23,749)
                                              
                                              $
                                              (56,558
                                              )Total
      Stockholders’ Equity
                                              
                                              
                                              
                                              $39,751
                                              
                                              $
                                              6,942Total
      Liabilities and Stockholder’s Equity
                                              
                                              
                                              
                                              $75,309
                                              
                                              $
                                              57,500








The
accompanying notes are an integral part of these financial
statements


3








Great
Wall Builders Ltd.,


(A
Development Stage Company)


Condensed
Statement of Operations


(
un-audited)




Three
      months
                              Ended
                              Dec.31st
                              2008
                            Six
      Months
                              Ended
                              Dec.31st
                              2008
                            
                            From
                              Inception
                              on
      Nov 3, 2007,
                              Through
                              Dec.31st,
                              2008REVENUES
                            
                            $21,000
                            $47,860
                            
                            $
                            47,860OPERATING
      EXPENSESGeneral
      and administrative
                            
                            $6,431
                            $15,051
                            
                            $
                            71,609Total
      Expenses
                            
                            $6,431
                            $15,051
                            
                            $
                            71,609Profit
      (loss) from Operation
                            
                            $14,569
                            $32,809
                            
                            $
                            (23,749)Net
      Profit ( Loss)
                            
                            $14,569
                            $32,809
                            
                            $
                            (23,749)$0.0030
                            $0.0068
                            
                            $
                            0.00PROVISION
      FOR INCOME TAXESWEIGHTED
      AVERAGE NUMBER OF COMMON SHARES
                            
                            
                            -0-
                            
                            
                            -0-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 Dec.31st,,
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
                      
                      
                      1,964,500
                      
                      
                      $
                      196.00
                      
                      
                      $
                      18,804Common
      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
                      
                      
                      
                      
                      
                      $
                      7,000NNet
      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 for 9//30/2008
                      
                      
                      
                      
                      
                      
                      
                      
                      
                      
                      
                      
                      
                      $
                      18,240
                      
                      
                      $
                      18,2404,800,000
                      
                      
                      $
                      482
                      
                      
                      $
                      63,018
                      
                      
                      $
                      (38,318)
                      
                      
                      $
                      25,182Net
      Profit for 12/31/2008
                      
                      
                      
                      
                      
                      
                      
                      
                      
                      $
                      
                      
                      
                      $
                      14,569
                      
                      
                      $
                      14,569Balance
      on 12/31/2008
                      
                      
                      4,800,000
                      
                      
                      $
                      482
                      
                      
                      $
                      63,018
                      
                      
                      $
                      (23,749)
                      
                      
                      $
                      39,751


The
accompanying notes are an integral part of these financial
statements





5







Great
Wall Builders Ltd.,


(A
Development Stage Company)


Statement
of Cash flows


(
un-audited)






six
              Months
              Ended
              Dec.31st
              2008
            
            
            From
      inception
              on
              (11/3/2007toDec.31st
              2008OPERATING
      ACTIVITIESNet
      (loss)
            
            $
            15,051
            
            
            $
            (6,000
            )Net
      Cash Used by Operating
              Activities$
            15,051
            
            
            $
            (6,000
            )INVESTING
      ACTIVITIES
            
            
            -0-
            
            
            
            -0-FINANCING
      ACTIVITIES
            
            
            -0-
            
            
            
            -0-Proceeds
      from issuance of common stock
            
            
            -0-
            
            
            $
            26,000Net
      Cash Used byFinancing
      Activities
            
            
            -0-
            
            
            $
            26,000CASH
      AT BEGINNING OF PERIOD
            
            $
            11,380
            
            
            $
            26,000CASH
      AT THE END OF PERIOD
            
            $
            16,809NON-CASH
      ACTIVITIESStock
      issued for properties
            
            
            
            
            
            $
            37,500Cash
      paid for interest:
            
            
            
            
            
            
            -0-Income
      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


Dec.31st,
2008


(unaudited)





NOTE 1.   CONDENSED
FINANCIAL STATEMENTS





The
accompanying financial statements have been prepared by the Company without
audit.  In the opinion of management, all adjustments (which include
only normal recurring adjustments) necessary to present fairly the financial
position, results of operations and cash flows at December 31st,2008,
and for all periods presented have been made.




Certain
information and footnote disclosures normally included in financial statements
prepared in accordance with accounting principles generally accepted in the
United States of America have been condensed or omitted. It is suggested that
these condensed financial statements be read in conjunction with the financial
statements and notes thereto included in the Company's June 30th, 2008 audited
financial statements.  The results of operations for the periods ended
December 31st,2008
and September 30th, 2008
are not necessarily indicative of the operating results for the full
year.





NOTE
2.   GOING CONCERN





The
Company’s financial statements are prepared using generally accepted accounting
principles applicable to a going concern which contemplates the realization of
assets and liquidation of liabilities in the normal course of
business.  The Company has generated revenues of $47,860 for the
period ended Dec.31st,2008.
The ability to continue as a going concern is dependent upon the Company
generating profitable operations in the future and/or to obtain the necessary
financing to meet its obligations and repay its liabilities arising from normal
business operations when they come due. Management intends to finance operating
costs over the next twelve months with existing cash on hand, revenues from
business activities, loans from directors, employee stock options plans and
private placement of common stock.





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,”





7





“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, (OTCBB: GWBU.OB), www.greatwallbuilder.com
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 generated $47,860 in revenues. The revenues have been
derived from remodeling of homes 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.





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.





Six
month period ended Dec.31st, 2008
compared to the period from inception


(November
3, 2007) to Dec.31st,
2008.





Our
net profit for the three-month period ended Dec.31st, 2008
was approximately $32,806 compared to a net loss of $23,749 during the period
from inception (November 3, 2007) to June 30th 2008.  During the
six-month period ended Dec.31st,2008,
we generated $47,860 in revenues. During the six-month period ended December
31st, 2008, we incurred general and administrative expenses of $15,051 compared
to $71,609 incurred during the period from inception (November 3rd, 2007) to
Dec.31st , 2008. General and administrative expenses incurred during the
six-month period ended  Dec.31st,2008
were generally related to corporate overhead, legal and accounting, stock
transfer agents, Edgar filings and developmental costs.











8





Our
net profit during the six-month period ended Dec.31st,2008
was $32,809 or $0.006 per share compared to a net loss of $23,749 or $0.00 per
share during the period from inception (November 3rd, 2007) to Dec.31st,
2008.





LIQUIDITY
AND CAPITAL RESOURCES





As
at the six-month period ended Dec.31st, 2008, our current assets were $37,809
and our total liabilities were $35,558 which resulted in a working capital
surplus of $2,251. As at the three-month period ended Dec.31st, 2008
current assets were comprised of $16,809 in cash and $21,000 in account
receivable compared to $20,000 in current assets at our Quarter ended June 30th,
2008.





Stockholders'
equity increased from $6,942 for fiscal year ended June 30th, 2008 to $39,751
for the six-month period ended Dec.31st,2008.
As at the six-month period ended Dec.31st, 2008,
our fixed assets were $37,809 and our total liabilities were $35,558, which
resulted in a working capital surplus of $2,251.





PLAN
OF OPERATION AND FUNDING





Existing
working capital, further advances from directors or debt instruments, and
anticipated cash flow are expected to be adequate to fund our operations over
the next 12 months.  We have no line 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 related 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 issuances of
securities or debt instruments. Thereafter, we expect we will need to raise
additional capital and generate additional revenues to meet long-term operating
requirements.





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 fixed price 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.





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. 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.





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,
2008.










10





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 December
31st,
2008.





Item 5.   Other
Information.





None.





Item
6. Exhibits




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


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





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




Feb.3,
2009




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

















11