U.S.
SECURITIES AND EXCHANGE COMMISSION


Washington,
D.C. 20549


Form
10-QA





[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-QA 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
            7-10Item 3. Quantitative and
      Qualitative Disclosures about Market Risk
            10Item 4. Control and
      Procedures
            10PART
      11. OTHER INFORMATIONItem 1. Legal
      Proceedings
            11Item 2. Unregistered
      Sales of Equity Securities and Use of Proceeds
            11Item 3. Defaults Upon
      Senior Securities
            11Item 4. Submission of
      Matters to a Vote of Securities Holders
            11Item 5. Other
      Information
            11Item 6.
      Exhibit
            11Item 7.
      Signature
            12








EXPLANATORY
NOTE





This
Amendment No. 1 on Form 10-Q/A is filed to amend the Quarterly Report on
Form 10-Q of Great Wall Builders Ltd., (the “Company”) for the fiscal
quarter ended September 30, 2008 (the “Initial Filing”) in order to comply
with Regulation S-X (17 CFR Part 210.8.03), related to the review of interim
report by Moore & Associates Chartered, our Independent Registered Public
Accounting Firm prior to filings.





Except
as set forth in this Amendment No. 1 on Form 10-Q/A, the other Items in the
Initial Filing remain unchanged and are not restated herein. This Amendment
No. 1 continues to reflect circumstances as of the date of the Initial
Filing and the Company has not updated the disclosures contained therein to
reflect events that occurred at a later date.














2





Great
Wall Builders Ltd.


(A
Development Stage Company)


Balance
Sheets





Sept.30th,
            
            
            June
      30th2008
            
            
            2008(un-audited)
            
            
            (Audited)CURRENT
      ASSETCash
      & cash equivalent
            
            $
            11,380
            
            
            $
            20,000Account
      Receivable
            
            $
            26,860
            
            
            
            -0-Total
      Current Assets
            
            $
            38,240
            
            
            $
            20,000Long
      Term Asset:Land
            
            $
            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)


Condensed
Statement of Operations





Three
      Months
              Ended
              Sept.
      30th
              2008
            
            
            From
      Inception
              on
      Nov 3, 2007,
              Through
              Sept.
      30th
              2008(unaudited)
            
            
            (audited)REVENUES
            
            $
            26,860
            
            
            $
            26,860OPERATING
      EXPENSESGeneral
      and administrative
            
            $
            8,620
            
            
            $
            65,178Total
      Expenses
            
            $
            8,620
            
            
            $
            65,178PROFIT
      (LOSS) FROM OPERATIONS
            
            $
            18,240
            
            
            $
            (38,318)NET
      PROFIT (LOSS)
            
            $
            18,240
            
            
            $
            (38,318)BASIC
      PROFIT (LOSS) PER COMMON SHARE
            
            $
            0.0038
            
            
            $
            0.00PROVISIONS
      FOR INCOME TAXES
            
            
            -0-
            
            
            
            -0-WEIGHTED
      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 issuedfor 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





Three
      Months
            
            
            FromEnded
            
            
            Inception
      onSept.30th
            
            
            (11/3/2007)
      to2008
            
            
            06/30/2008(unaudited)
            
            
            (audited)OPERATING
      ACTIVITIESNet
      (loss)
            
            $
            (8,620
            )
            
            $
            (6,000
            )Net
      Cash Used byOperating
      Activities
            
            $
            (8,620
            )
            
            $
            (6,000
            )INVESTING
      ACTIVITIES
            
            
            -0-
            
            
            
            -0-FINANCING
      ACTIVITIESProceeds
      from issuance of common stock
            
            
            -0-
            
            
            $
            26,000Net
      Cash Used byFinancing
      Activities
            
            
            -0-
            
            
            $
            26,000NET
      DECREASE IN CASH
            
            $
            (8,620
            )
            
            
            (6,000
            )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-








6





Great
Wall Builders


(A
development Stage Company)


Notes
to Financial Statements


September
30th, 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 September 30, 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
September 30, 2008 and June 30th, 2008 are not necessarily indicative of the
operating results for the full years.





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 $26,850 for the
period ended Sept.30, 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
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 of1933
and Section  21E of the Securities Exchange Act of
1934.   These forward-looking statementsgenerally
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-harborprovisions
for forward-looking statements contained in the Private Securities Litigation
Reform Act of 1995, and are including this statement for purposes of complying
with those safe-harbor provisions.








7











COMPANY
OVERVIEW AND BUSINESS OPERATIONS





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. Some of the reasons considered a solar equipped home
than a tradition home build by homebuilders are as follow:




·
            Substantially
      lower or even eliminate electric
bill.




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




·
            Become
      more energy independent.




·
            Increase
      the value of home or business.




·
            Significantly
      reduce 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 requires limited
      maintenance.




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 $26,860 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.








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
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 Sept.30th, 2008 was approximately
$18,240 compared to a net loss of $56,558 during the period from inception
(November 3, 2007) to June 30th 2008.  During the three-month period
ended Sept 30, 2008, we generated $26,860 in revenues. During the three-month
period ended September 30, 2008, we incurred general and administrative expenses
of $8,620 compared to $65,178 incurred during the period from inception
(November 3rd, 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 ($38,318) or $0.00 per share
during the period from inception (November 3rd, 2007) to September 30th,
2008.





LIQUIDITY
AND CAPITAL RESOURCES





As
at the three-month period ended September 30th, 2008, our current assets were
$38,240 and our total liabilities were $50,558 which resulted in a working
capital surplus of $12,318. 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 our Quarter ended June 30th,
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 fixed assets were $38,240 and our total
liabilities were $50,558, which resulted in a working capital surplus of
$25,182.





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
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 furtherissuances
of securities, and debt instruments. Thereafter, we expect we will
need to raise additional capital and generate additional revenues to meet
long-term operating requirements.








9








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.





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.)







10





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 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 ofTianJiapursuant toU.S.C Section 1350,
as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of
2002.




















11





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




Nov.20th,
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.





























































12