**SECURITIES      AND EXCHANGE COMMISSION**

**Washington,      D.C. 20549**

**FORM      10-Q**

|  x | **QUARTERLY                REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF                1934** |
|---------|---------------------------------------------------------------------------------------------------------------------|

**For      the quarterly period ended September 30, 2008**

**OR**

|  o | **TRANSITION                REPORT UNDER SECTION 13 OR 15(d) OF THE EXCHANGE                ACT** |
|---------|---------------------------------------------------------------------------------------------------|

**For      the transition period from ______ to __________**

**COMMISSION      FILE NUMBER: 000-51081**

**CHINA      INFRASTRUCTURE INVESTMENT CORPORATION**

| **Nevada**                                                                    |   | **88-0484183**                                   |
|-------------------------------------------------------------------------------|--------|--------------------------------------------------|
| (State                or other jurisdiction of incorporation or organization) |   | (IRS                Employer Identification No.) |

**Room      D, 2F, Building 12, Xinxin Huayuan, Jinshui Road, Zhengzhou, Henan      Province**

**The      People’s Republic of China**

**(011)      86-375-2754377**

| Large                Accelerated Filer o | Accelerated                Filer o | Non-Accelerated                Filer o | Smaller                Reporting Company x  |
|------------------------------------------|------------------------------------|----------------------------------------|--------------------------------------------------|

----

**TABLE      OF CONTENTS**

| PART                  I FINANCIAL INFORMATION                                                             |   | i                           |
|-----------------------------------------------------------------------------------------------------------|--------|-----------------------------|
|                                                                                                      |   |                        |
| ITEM                  1. FINANCIAL STATEMENTS                                                             |   | F-1                  - F-20 |
|                                                                                                      |   |                        |
| ITEM                  2. MANAGEMENT’S DISCUSSION AND ANALYSIS OR PLAN OF                  OPERATION |   | 2                           |
|                                                                                                      |   |                        |
| ITEM                  3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET                  RISK      |   | 9                           |
|                                                                                                      |   |                        |
| ITEM                  4. CONTROLS AND PROCEDURES                                                          |   | 9                           |
|                                                                                                      |   |                        |
| PART                  II OTHER INFORMATION                                                                |   | 10                          |
|                                                                                                      |   |                        |
| ITEM                  1. LEGAL PROCEEDINGS                                                                |   | 10                          |
|                                                                                                      |   |                        |
| ITEM                  1A. RISK FACTORS                                                                    |   | 10                          |
|                                                                                                      |   |                        |
| ITEM                  2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF                  PROCEEDS     |   | 16                          |
|                                                                                                      |   |                        |
| ITEM                  3. DEFAULTS UPON SENIOR SECURITIES                                                  |   | 16                          |
|                                                                                                      |   |                        |
| ITEM                  4. SUBMISSION OF MATTERS TO A VOTE OF SECURITYHOLDERS                               |   | 16                          |
|                                                                                                      |   |                        |
| ITEM                  5. OTHER INFORMATION                                                                |   | 17                          |
|                                                                                                      |   |                        |
| ITEM                  6. EXHIBITS                                                                         |   | 17                          |
|                                                                                                      |   |                        |
| SIGNATURES                                                                                                |   | 20                          |
|                                                                                                      |   |                        |
| EXHIBIT                  31.1                                                                             |   | 31.1-1                      |
|                                                                                                      |   |                        |
| EXHIBIT                  31.2                                                                             |   | 31.2-1                      |
|                                                                                                      |   |                        |
| EXHIBIT                  32.1                                                                             |   | 32.1-1                      |
|                                                                                                      |   |                        |
| EXHIBIT                  32.2                                                                             |   | 32.2-1                      |

----

**PART      I**

**FINANCIAL      INFORMATION**

**ITEM      1. FINANCIAL STATEMENTS**

**TABLE        OF CONTENTS**

|                                                                                                                                                                                 |   | **Page**                  |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|---------------------------|
|                                                                                                                                                                                 |
| CONDENSED                CONSOLIDATED BALANCE SHEETS AS OF SEPTEMBR 30, 2008 (UNAUDITED) AND                JUNE                30, 2008                                             |   | F-1                - F-2  |
|                                                                                                                                                                                 |
| CONDENSED                CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME FOR THE                THREE                MONTHS ENDED SEPTEMBER 30, 2008 AND 2007 (UNAUDITED) |   | F-3                       |
|                                                                                                                                                                                 |
| CONDENSED                CONSOLIDATED STATEMENTS OF CASH FLOWS FOR THE THREE MONTHS ENDED                SEPTEMBER                30, 2008 AND 2007 (UNAUDITED)                      |   | F-4                - F-5  |
|                                                                                                                                                                                 |
| NOTES                TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS AS OF SEPTEMBER 30,                2008                (UNAUDITED)                                               |   | F-6                - F-20 |

----

**CHINA      INFRASTRUCTURE INVESTMENT CORPORATION **

**(FORMERLY      LEARNING QUEST TECHNOLOGIES, INC.) AND SUBSIDIARIES**

**CONDENSED      CONSOLIDATED BALANCE SHEETS**

|                                                            |   | **September                30,****2008** |        | **June                30,****2008** |   |
|-----------------------------------------------------------------|--------|------------------------------------------|-------------|-------------------------------------|--------|
|                                                            |   | **(Unaudited)**                          |        |                                |   |
|                                                            |   |                                     |        |                                |   |
| **ASSETS**                                                      |   |                                     |        |                                |   |
| **CURRENT                ASSETS**                               |   |                                     |        |                                |   |
| Cash                and cash equivalents                        |   | $                                        | 7,735,398   |                                | $      | 5,769,344 |   |
| Restricted                cash                                  |   |                                     | 29,175      |                                |   | 29,104 |   |
| Notes                receivable                                 |   |                                     | 11,149,854  |                                |   | 776,936 |   |
| Accounts                receivable                              |   |                                     | 3,121,837   |                                |   | 2,006,848 |   |
| Other                receivables                                |   |                                     | 104,023     |                                |   | 419,642 |   |
| Notes                receivable from related parties, current   |   |                                     | 2,744,668   |                                |   | 10,197,016 |   |
| Advance                to a related party                       |   |                                     | 21,786,417  |                                |   | 21,733,471 |   |
| Other                current assets                             |   |                                     | 752,898     |                                |   | 991,768 |   |
| Total                current assets                             |   |                                     | 47,424,270  |                                |   | 41,924,129 |   |
|                                                            |   |                                     |        |                                |   |   |   |
| Toll                road infrastructures, net                   |   |                                     | 444,047,222 |                                |   | 443,672,007 |   |
| Plant                and equipment, net                         |   |                                     | 15,890,986  |                                |   | 15,943,451 |   |
| Land                use rights, net                             |   |                                     | 48,687,803  |                                |   | 49,066,392 |   |
| Long-term                investment                             |   |                                     | 1,458,768   |                                |   | 1,455,223 |   |
| Notes                receivable from related parties, long-term |   |                                     | 140,212,907 |                                |   | 139,872,158 |   |
| Deferred                taxes                                   |   |                                     | 6,179,421   |                                |   | 6,059,721 |   |
| Total                long-term assets                           |   |                                     | 656,477,107 |                                |   | 656,068,952 |   |
|                                                            |   |                                     |        |                                |   |   |   |
| **TOTAL                ASSETS**                                 |   | $                                        | 703,901,377 |                                | $      | 697,993,081 |   |

----

| **CHINA                INFRASTRUCTURE INVESTMENT CORPORATION****(FORMERLY                LEARNING QUEST TECHNOLOGIES, INC.) AND SUBSIDIARIES****CONDENSED                CONSOLIDATED BALANCE SHEETS**  |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| **LIABILITIES                AND SHAREHOLDERS’EQUITY**                                                                                                                                                 |

|                                                                                                                                                                   |   | **September                30,****2008** |        | **June                30,****2008** |   |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|------------------------------------------|-------------|-------------------------------------|--------|
|                                                                                                                                                                   |   | **(Unaudited)**                          |        |                                |   |
|                                                                                                                                                                   |   |                                     |        |                                |   |
| **CURRENT                LIABILITIES**                                                                                                                                 |   |                                     |        |                                |   |
| Other                payables and accrued liabilities                                                                                                                  |   | $                                        | 4,863,734   |                                | $      | 4,840,299 |   |
| Current                portion of long-term loans                                                                                                                      |   |                                     | 10,704,439  |                                |   | 10,678,425 |   |
| Payable                to contractors                                                                                                                                  |   |                                     | 23,996,519  |                                |   | 24,224,039 |   |
| Deferred                taxes                                                                                                                                          |   |                                     | 9,832,730   |                                |   | 8,556,534 |   |
| Other                current liabilities                                                                                                                               |   |                                     | 156,627     |                                |   | 225,915 |   |
| Total                current liabilities                                                                                                                               |   |                                     | 49,554,049  |                                |   | 48,525,212 |   |
|                                                                                                                                                                   |   |                                     |        |                                |   |   |   |
| **LONG-TERM                LIABILITIES**                                                                                                                               |   |                                     |        |                                |   |   |   |
| Long-term                portion of bank loans                                                                                                                         |   |                                     | 467,648,904 |                                |   | 466,512,413 |   |
| Deferred                revenue                                                                                                                                        |   |                                     | 6,625,760   |                                |   | 6,627,828 |   |
| Total                long-term liabilities                                                                                                                             |   |                                     | 474,274,664 |                                |   | 473,140,241 |   |
|                                                                                                                                                                   |   |                                     |        |                                |   |   |   |
| **TOTAL                LIABILITIES**                                                                                                                                   |   |                                     | 523,828,713 |                                |   | 521,665,453 |   |
|                                                                                                                                                                   |   |                                     |        |                                |   |   |   |
| **CONTINGENCIES**                                                                                                                                                      |   |                                     |        |                                |   |   |   |
|                                                                                                                                                                   |   |                                     |        |                                |   |   |   |
| **SHAREHOLDERS’                EQUITY**                                                                                                                          |   |                                     |        |                                |   |   |   |
| Common                stock, $.001 par value, 150,000,000 shares authorized, 80,000,000                shares issued and outstanding as of September 30, 2008 and 2007 |   |                                     | 80,000      |                                |   | 80,000 |   |
| Additional                paid-in capital                                                                                                                              |   |                                     | 140,573,673 |                                |   | 140,573,673 |   |
| Accumulated                other comprehensive income                                                                                                                  |   |                                     | 27,247,382  |                                |   | 26,818,531 |   |
| Retained                earnings                                                                                                                                       |   |                                     | 12,171,609  |                                |   | 8,855,424 |   |
| Total                Shareholders’ Equity                                                                                                                        |   |                                     | 180,072,664 |                                |   | 176,327,628 |   |
|                                                                                                                                                                   |   |                                     |        |                                |   |   |   |
| **TOTAL                LIABILITIES AND SHAREHOLDERS’ EQUITY**                                                                                                    |   | $                                        | 703,901,377 |                                | $      | 697,993,081 |   |

----

| **CHINA                INFRASTRUCTURE INVESTMENT CORPORATION****(FORMERLY                LEARNING QUEST TECHNOLOGIES, INC.) AND SUBSIDIARIES****CONDENSED                CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE                INCOME** |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

**(UNAUDITED)**

|                                                                      |   | **THREE                MONTHS ENDED****SEPTEMBER                30,** |       |
|---------------------------------------------------------------------------|--------|-----------------------------------------------------------------------|------------|
|                                                                      |   | **2008**                                                              |       | **2007** |   |
|                                                                      |   |                                                                  |       |   |   |
| **REVENUES**                                                              |   | $                                                                     | 15,438,407 |   | $ | 14,520,907 |   |
|                                                                      |   |                                                                  |       |   |   |   |   |
| **OPERATING                COSTS**                                        |   |                                                                  | 1,209,211  |   |   | 486,882 |   |
|                                                                      |   |                                                                  |       |   |   |   |   |
| **DEPRECIATION                AND AMORTIZATION**                          |   |                                                                  | 2,104,615  |   |   | 1,801,574 |   |
|                                                                      |   |                                                                  |       |   |   |   |   |
| **GROSS                PROFIT**                                           |   |                                                                  | 12,124,581 |   |   | 12,232,451 |   |
|                                                                      |   |                                                                  |       |   |   |   |   |
| General                and administrative expenses                        |   |                                                                  | 1,345,248  |   |   | 929,997 |   |
|                                                                      |   |                                                                  |       |   |   |   |   |
| **INCOME                FROM OPERATIONS**                                 |   |                                                                  | 10,779,333 |   |   | 11,302,454 |   |
|                                                                      |   |                                                                  |       |   |   |   |   |
| **OTHER                INCOME (EXPENSES)**                                |   |                                                                  |       |   |   |   |   |
|                                                                      |   |                                                                  |       |   |   |   |   |
| Interest                expense, net                                      |   |                                                                  | (6,510,594 | ) |   | (5,877,275 | ) |
|                                                                      |   |                                                                  |       |   |   |   |   |
| Other                income, net                                          |   |                                                                  | 256,212    |   |   | 195,035 |   |
|                                                                      |   |                                                                  |       |   |   |   |   |
| **INCOME                FROM OPERATIONS BEFORE INCOME TAXES**             |   |                                                                  | 4,524,951  |   |   | 5,620,214 |   |
|                                                                      |   |                                                                  |       |   |   |   |   |
| **INCOME                TAX EXPENSE**                                     |   |                                                                  | (1,208,766 | ) |   | (1,405,053 | ) |
|                                                                      |   |                                                                  |       |   |   |   |   |
| **NET                INCOME**                                             |   |                                                                  | 3,316,185  |   |   | 4,215,161 |   |
|                                                                      |   |                                                                  |       |   |   |   |   |
| **OTHER                COMPREHENSIVE INCOME**                             |   |                                                                  |       |   |   |   |   |
|                                                                      |   |                                                                  |       |   |   |   |   |
| Foreign                currency translation gain                          |   |                                                                  | 428,851    |   |   | 2,081,780 |   |
|                                                                      |   |                                                                  |       |   |   |   |   |
| **OTHER                COMPREHENSIVE INCOME**                             |   |                                                                  | 428,851    |   |   | 2,081,780 |   |
|                                                                      |   |                                                                  |       |   |   |   |   |
| **COMPREHENSIVE                INCOME**                                   |   | $                                                                     | 3,745,036  |   | $ | 6,296,941 |   |
|                                                                      |   |                                                                  |       |   |   |   |   |
| **WEIGHTED                AVERAGE SHARES OUTSTANDING, BASIC AND DILUTED** |   |                                                                  | 80,000,000 |   |   | 54,400,000 |   |
|                                                                      |   |                                                                  |       |   |   |   |   |
| **NET                INCOME PER COMMON SHARE, BASIC AND DILUTED**         |   | $                                                                     | 0.04       |   | $ | 0.08 |   |

----

| **CHINA                INFRASTRUCTURE INVESTMENT CORPORATION****(FORMERLY                LEARNING QUEST TECHNOLOGIES, INC.) AND SUBSIDIARIES****CONDENSED                CONSOLIDATED STATEMENTS OF CASH FLOWS****(UNAUDITED)** |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|                                                                                                                |   |  **THREE                  MONTHS ENDED SEPTEMBER 30,** |       |
|---------------------------------------------------------------------------------------------------------------------|--------|-------------------------------------------------------------|------------|
|                                                                                                                |   |  **2008**                                              |       | **2007** |   |
| **CASH                  FLOWS FROM OPERATING ACTIVITIES:**                                                          |   |                                                   |       |   |   |
| Net                  income                                                                                         |   | $                                                           | 3,316,185  |   | $ | 4,215,161 |   |
| Adjustments                  to reconcile net income to net cash provided by operating                  activities: |   |                                                        |       |   |   |   |   |
| Depreciation                  and amortization                                                                      |   |                                                        | 2,253,451  |   |   | 1,888,011 |   |
| Deferred                  taxes                                                                                     |   |                                                        | 1,156,496  |   |   | 1,393,031 |   |
| Deferred                  revenue                                                                                   |   |                                                        | (151,142   | ) |   | (136,948 | ) |
| Imputed                  interest                                                                                   |   |                                                        | 132,922    |   |   | 121,662 |   |
| Loss                  from disposal of plant and equipment                                                          |   |                                                        | —    |   |   | 89,490 |   |
| **Changes                  in operating assets and liabilities:**                                                   |   |                                                        |       |   |   |   |   |
| **(Increase)                  Decrease In:**                                                                        |   |                                                        |       |   |   |   |   |
| Accounts                  receivable                                                                                |   |                                                        | (1,114,989 | ) |   | (307,716 | ) |
| Other                  receivables                                                                                  |   |                                                        | 315,619    |   |   | (42,538 | ) |
| Other                  current assets                                                                               |   |                                                        | 238,869    |   |   | (805,686 | ) |
| **Increase                  (Decrease) In:**                                                                        |   |                                                        |       |   |   |   |   |
| Payable                  to contractors                                                                             |   |                                                        | (227,520   | ) |   | — |   |
| Other                  payables and accrued liabilities                                                             |   |                                                        | 23,435     |   |   | (180,924 | ) |
| Other                  current liabilities                                                                          |   |                                                        | (69,288    | ) |   | 14,744 |   |
| Net                  cash provided by operating activities                                                          |   |                                                        | 5,874,038  |   |   | 6,248,287 |   |
|                                                                                                                |   |                                                        |       |   |   |   |   |
| **CASH                  FLOWS FROM INVESTING ACTIVITIES:**                                                          |   |                                                        |       |   |   |   |   |
| Purchases                  of construction in progress                                                              |   |                                                        | (849,834   | ) |   | (1,846,214 | ) |
| Purchases                  of plant and equipment                                                                   |   |                                                        | (108,144   | ) |   | (244,732 | ) |
| Proceeds                  from disposition of plant and equipment                                                   |   |                                                        | —    |   |   | 43,284 |   |
| Increase                  in notes receivable from related parties for interest                                     |   |                                                        | (2,759,318 | ) |   | (2,062,644 | ) |
| Decrease                  in advance to a related party                                                             |   |                                                        | —    |   |   | 5,702,275 |   |
| Net                  cash (used in) provided by investing activities                                                |   |                                                        | (3,717,296 | ) |   | 1,591,969 |   |
|                                                                                                                |   |                                                        |       |   |   |   |   |
| **CASH                  FLOWS FROM FINANCING ACTIVITIES:**                                                          |   |                                                        |       |   |   |   |   |
| Proceeds                  from long-term bank loans                                                                 |   |                                                        | 9,153,477  |   |   | 141,310,420 |   |
| Repayments                  of long-term bank loans                                                                 |   |                                                        | (9,153,477 | ) |   | (141,310,420 | ) |
| Repayments                  of short- term bank loans                                                               |   |                                                        | —    |   |   | (5,325,664 | ) |
| Repayments                  of notes payable                                                                        |   |                                                        | —    |   |   | (5,016,776 | ) |
| Restricted                  cash                                                                                    |   |                                                        | —    |   |   | 2,471,705 |   |
| Net                  cash used in financing activities                                                              |   |                                                        | —    |   |   | (7,870,735 | ) |
|                                                                                                                |   |                                                        |       |   |   |   |   |
| **NET                  INCREASE(DECREASE) IN CASH AND CASH EQUIVALENTS**                                            |   |                                                        | 2,156,742  |   |   | (30,479 | ) |
| Effect                  of exchange rate changes on cash                                                            |   |                                                        | (190,688   | ) |   | (175,547 | ) |
| Cash                  and cash equivalents at beginning of period                                                   |   |                                                        | 5,769,344  |   |   | 5,830,962 |   |
|                                                                                                                |   |                                                        |       |   |   |   |   |
| **CASH                  AND CASH EQUIVALENTS AT END OF PERIOD**                                                     |   | $                                                           | 7,735,398  |   | $ | 5,624,936 |   |
|                                                                                                                |   |                                                        |       |   |   |   |   |
| **SUPPLEMENTAL                  CASH FLOW INFORMATION:**                                                            |   |                                                        |       |   |   |   |   |
| Interest                  received                                                                                  |   | $                                                           | —    |   | $ | 16,036,493 |   |
| Interest                  paid                                                                                      |   | $                                                           | 9,153,477  |   | $ | 8,112,214 |   |

----

**CHINA      INFRASTRUCTURE INVESTMENT CORPORATION AND SUBSIDIARIES**

**CONDENSED      CONSOLIDATED STATEMENTS OF CASH FLOWS**

**(UNAUDITED)**

**SUPPLEMENTAL      NON-CASH DISCLOSURES:**

|  | 1. | During                  the three months ended September 30, 2008 and 2007, $849,834 and                  $0 were                  transferred from construction in progress to toll road infrastructures,                  respectively. |
|--|----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | 2. | During                  the three months ended September 30, 2008 and 2007, the Company                  was                  assigned notes receivable in satisfaction of accrued interest receivable                  of $10,357,252. Also see Notes 3 and                  4. |
|--|----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

**CHINA      INFRASTRUCTURE INVESTMENT CORPORATION**

**(FORMERLY      LEARNING QUEST TECHNOLOGIES, INC.) AND SUBSIDIARIES**

**NOTES      TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS**

**AS      OF SEPTEMBER 30, 2008 (UNAUDITED)**

| **1.** | **ORGANIZATION                AND PRINCIPAL ACTIVITIES** |
|--------|----------------------------------------------------------|

----

**CHINA      INFRASTRUCTURE INVESTMENT CORPORATION**

**(FORMERLY      LEARNING QUEST TECHNOLOGIES, INC.) AND SUBSIDIARIES**

**NOTES      TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS**

**AS      OF SEPTEMBER 30, 2008 (UNAUDITED)**

| **1.** | **ORGANIZATION                AND PRINCIPAL ACTIVITIES                (CONTINUED)** |
|--------|-------------------------------------------------------------------------------------|

| **2.** | **SUMMARY                OF SIGNIFICANT ACCOUNTING                POLICIES** |
|--------|------------------------------------------------------------------------------|

|  | (a) | Basis                of Presentation |
|--|-----|--------------------------------------|

----

**CHINA      INFRASTRUCTURE INVESTMENT CORPORATION**

**(FORMERLY      LEARNING QUEST TECHNOLOGIES, INC.) AND SUBSIDIARIES**

**NOTES      TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS**

**AS      OF SEPTEMBER 30, 2008 (UNAUDITED)**

| **2.** | **SUMMARY                OF SIGNIFICANT ACCOUNTING POLICIES                (CONTINUED)** |
|--------|------------------------------------------------------------------------------------------|

|  | (b) | Principles                of Consolidation |
|--|-----|--------------------------------------------|

|  | (i) | Color                  Man Holdings Limited (“CMH”) (An inactive holding company, 100% subsidiary                  of CIIC). |
|--|-----|------------------------------------------------------------------------------------------------------------------------------------------|

|  | (ii) | Wise                  On China Limited (“WOCL”) ( An inactive holding company,100% subsidiary of                  CMH) |
|--|------|------------------------------------------------------------------------------------------------------------------------------------|

|  | (iii) | Pingdingshan                  Pinglin Expressway Co., Ltd (“Ping”) ( 100% subsidiary of                  WOCL) |
|--|-------|----------------------------------------------------------------------------------------------------------------------------|

|  | (c) | Concentrations |
|--|-----|----------------|

|  | (d) | Economic                and Political Risks |
|--|-----|---------------------------------------------|

|  | (e) | Use                of Estimates |
|--|-----|---------------------------------|

|  | (f) | Fair                Value of Financial Instruments |
|--|-----|----------------------------------------------------|

----

**CHINA      INFRASTRUCTURE INVESTMENT CORPORATION**

**(FORMERLY      LEARNING QUEST TECHNOLOGIES, INC.) AND SUBSIDIARIES**

**NOTES      TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS**

**AS      OF SEPTEMBER 30, 2008 (UNAUDITED)**

| **2.** | **SUMMARY                OF SIGNIFICANT ACCOUNTING POLICIES                (CONTINUED)** |
|--------|------------------------------------------------------------------------------------------|

|  | (g) | Cash                and Cash Equivalents |
|--|-----|------------------------------------------|

|  | (h) | Construction                in Progress |
|--|-----|-----------------------------------------|

|  | (i) | Capitalized                Interest |
|--|-----|-------------------------------------|

|  | (j) | Land                Use Rights |
|--|-----|--------------------------------|

|  | (k) | Impairment                of Long-Term Assets |
|--|-----|-----------------------------------------------|

----

**CHINA      INFRASTRUCTURE INVESTMENT CORPORATION**

**(FORMERLY      LEARNING QUEST TECHNOLOGIES, INC.) AND SUBSIDIARIES**

**NOTES      TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS**

**AS      OF SEPTEMBER 30, 2008 (UNAUDITED)**

| **2.** | **SUMMARY                OF SIGNIFICANT ACCOUNTING POLICIES                (CONTINUED)** |
|--------|------------------------------------------------------------------------------------------|

|  | (l) | Revenue                Recognition |
|--|-----|------------------------------------|

|  | - | The                amount of revenue can be measured                reliably, |
|--|---|-------------------------------------------------------------------------------|

|  | - | It                is probable that the economic benefits associated with the transaction                will flow to the enterprise, |
|--|---|--------------------------------------------------------------------------------------------------------------------------------------|

|  | - | The                costs incurred or to be incurred in respect of the transaction can                be                measured reliably, and |
|--|---|-----------------------------------------------------------------------------------------------------------------------------------------------|

|  | - | Collectibility                is reasonably assured. |
|--|---|------------------------------------------------------|

|  | (m) | Deferred                Revenue |
|--|-----|---------------------------------|

|  | (n) | Earnings                Per Share |
|--|-----|-----------------------------------|

----

**CHINA      INFRASTRUCTURE INVESTMENT CORPORATION**

**(FORMERLY      LEARNING QUEST TECHNOLOGIES, INC.) AND SUBSIDIARIES**

**NOTES      TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS**

**AS      OF SEPTEMBER 30, 2008 (UNAUDITED)**

| **2.** | **SUMMARY                OF SIGNIFICANT ACCOUNTING POLICIES                (CONTINUED)** |
|--------|------------------------------------------------------------------------------------------|

|  | (o) | Foreign                Currency Translation |
|--|-----|---------------------------------------------|

|                                                                     |   | **September                30, 2008** |   | **September                30, 2007** |   |
|--------------------------------------------------------------------------|--------|---------------------------------------|--------|---------------------------------------|--------|
| Periods                ended RMB: US$ exchange rate                      |   |                                  | 6.8551 |                                  |   | 7.5108 |   |
| Average                RMB: US$ exchange rate for the three months ended |   |                                  | 6.8529 |                                  |   | 7.5632 |   |

|  | (p) | Recent                Accounting Pronouncements |
|--|-----|-------------------------------------------------|

----

**CHINA      INFRASTRUCTURE INVESTMENT CORPORATION**

**(FORMERLY      LEARNING QUEST TECHNOLOGIES, INC.) AND SUBSIDIARIES**

**NOTES      TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS**

**AS      OF SEPTEMBER 30, 2008 (UNAUDITED)**

| **2.** | **SUMMARY                OF SIGNIFICANT ACCOUNTING POLICIES                (CONTINUED)** |
|--------|------------------------------------------------------------------------------------------|

|  | (p) | Recent                Accounting Pronouncements                (continued) |
|--|-----|----------------------------------------------------------------------------|

----

**CHINA      INFRASTRUCTURE INVESTMENT CORPORATION**

**(FORMERLY      LEARNING QUEST TECHNOLOGIES, INC.) AND SUBSIDIARIES**

**NOTES      TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS**

**AS      OF SEPTEMBER 30, 2008 (UNAUDITED)**

| **3.** | **NOTES                RECEIVABLE** |
|--------|-------------------------------------|

|                                                     |   | **September                30,****2008** |       | **June                30,****2008** |   |
|----------------------------------------------------------|--------|------------------------------------------|------------|-------------------------------------|--------|
|                                                     |   | **(Unaudited)**                          |       |                                |   |
| Notes                receivable from unrelated companies |   | $                                        | 11,149,854 |                                | $      | 776,936 |   |

| **4.** | **NOTES                  RECEIVABLE FROM RELATED                  PARTIES** |
|--------|-----------------------------------------------------------------------------|

|                                                       |   | **September                30,****2008** |        | **June                30,****2008** |   |
|------------------------------------------------------------|--------|------------------------------------------|-------------|-------------------------------------|--------|
|                                                       |   | **(Unaudited)**                          |        |                                |   |
| Tai                Ao Expressway Co., Ltd                  |   |                                     |        |                                |   |
| Principal                                                  |   | $                                        | 70,024,678  |                                | $      | 69,854,502 |   |
| Interest                receivable                         |   |                                     | 1,370,733   |                                |   | 4,935,189 |   |
|                                                       |   |                                     | 71,395,411  |                                |   | 74,789,691 |   |
| Xinyang                Expressway Co., Ltd                 |   |                                     |        |                                |   |   |   |
| Principal                                                  |   |                                     | 70,188,229  |                                |   | 70,017,656 |   |
| Interest                receivable                         |   |                                     | 1,373,935   |                                |   | 5,261,827 |   |
|                                                       |   |                                     | 71,562,164  |                                |   | 75,279,483 |   |
| Total                notes receivable from related parties |   |                                     | 142,957,575 |                                |   | 150,069,174 |   |
|                                                       |   |                                     |        |                                |   |   |   |
| Less:                current portion                       |   |                                     | 2,744,668   |                                |   | 10,197,016 |   |
|                                                       |   |                                     |        |                                |   |   |   |
| Long-term                portion                           |   |                                     | 140,212,907 |                                |   | 139,872,158 |   |

----

**CHINA      INFRASTRUCTURE INVESTMENT CORPORATION**

**(FORMERLY      LEARNING QUEST TECHNOLOGIES, INC.) AND SUBSIDIARIES**

**NOTES      TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS**

**AS      OF SEPTEMBER 30, 2008 (UNAUDITED)**

| **4.** | **NOTES                RECEIVABLE FROM RELATED PARTIES                (CONTINUED)** |
|--------|-------------------------------------------------------------------------------------|

| September                30, 2009 |   | $      | 2,744,668   |   |
|-----------------------------------|--------|--------|-------------|--------|
| September                30, 2010 |   |   | 140,212,907 |   |
| Total                             |   | $      | 142,957,575 |   |

| **5.** | **ADVANCE                TO A RELATED PARTY** |
|--------|-----------------------------------------------|

|                                      |   | **September                30,****2008** |       | **June                30,****2008** |   |
|-------------------------------------------|--------|------------------------------------------|------------|-------------------------------------|--------|
|                                      |   | **(Unaudited)**                          |       |                                |   |
|                                      |   |                                     |       |                                |   |
| Tai                Ao Expressway Co., Ltd |   | $                                        | 21,786,417 |                                | $      | 21,733,471 |   |

----

**CHINA      INFRASTRUCTURE INVESTMENT CORPORATION**

**(FORMERLY      LEARNING QUEST TECHNOLOGIES, INC.) AND SUBSIDIARIES**

**NOTES      TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS**

**AS      OF SEPTEMBER 30, 2008 (UNAUDITED)**

| **6.** | **TOLL                ROAD INFRASTRUCTURES, NET** |
|--------|---------------------------------------------------|

|                                          |   | **September                30,****2008** |        | **June                30,****2008** |   |
|-----------------------------------------------|--------|------------------------------------------|-------------|-------------------------------------|--------|
|                                          |   | **(Unaudited)**                          |        |                                |   |
|                                          |   |                                     |        |                                |   |
| At                cost:                       |   | $                                        | 454,983,377 |                                | $      | 453,825,417 |   |
|                                          |   |                                     |        |                                |   |   |   |
| Less:                Accumulated depreciation |   |                                     | 10,936,155  |                                |   | 10,153,410 |   |
| Toll                road infrastructures, net |   | $                                        | 444,047,222 |                                | $      | 443,672,007 |   |

| **7.** | **PLANT                AND EQUIPMENT, NET** |
|--------|---------------------------------------------|

|                                                  |   | **September                30,****2008** |       | **June                30,****2008** |   |
|-------------------------------------------------------|--------|------------------------------------------|------------|-------------------------------------|--------|
|                                                  |   | **(Unaudited)**                          |       |                                |   |
|                                                  |   |                                     |       |                                |   |
| At                cost:                               |   |                                     |       |                                |   |
| Toll                station and ancillary facilities  |   | $                                        | 10,193,894 |                                | $      | 10,114,007 |   |
| Communication                and monitoring equipment |   |                                     | 5,724,088  |                                |   | 5,675,065 |   |
| Motor                vehicles                         |   |                                     | 1,464,281  |                                |   | 1,460,723 |   |
| Machinery                                             |   |                                     | 297,239    |                                |   | 296,516 |   |
| Office                equipment                       |   |                                     | 448,537    |                                |   | 429,824 |   |
|                                                  |   |                                     | 18,128,039 |                                |   | 17,976,135 |   |
| Less:                Accumulated depreciation         |   |                                     |       |                                |   |   |   |
| Toll                station and ancillary facilities  |   |                                     | 885,718    |                                |   | 801,811 |   |
| Communication                and monitoring equipment |   |                                     | 435,594    |                                |   | 388,473 |   |
| Motor                vehicles                         |   |                                     | 669,639    |                                |   | 623,733 |   |
| Machinery                                             |   |                                     | 83,180     |                                |   | 73,989 |   |
| Office                equipment                       |   |                                     | 162,922    |                                |   | 144,678 |   |
|                                                  |   |                                     | 2,237,053  |                                |   | 2,032,684 |   |
| Plant                and equipment, net               |   | $                                        | 15,890,986 |                                | $      | 15,943,451 |   |

----

**CHINA      INFRASTRUCTURE INVESTMENT CORPORATION**

**(FORMERLY      LEARNING QUEST TECHNOLOGIES, INC.) AND SUBSIDIARIES**

**NOTES      TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS**

**AS      OF SEPTEMBER 30, 2008 (UNAUDITED)**

| **8.** | **LAND                USE RIGHTS** |
|--------|------------------------------------|

|                                          |   | **September                30,****2008** |       | **June                30,****2008** |   |
|-----------------------------------------------|--------|------------------------------------------|------------|-------------------------------------|--------|
|                                          |   | **(Unaudited)**                          |       |                                |   |
|                                          |   |                                     |       |                                |   |
| Cost                                          |   | $                                        | 53,637,297 |                                | $      | 53,506,947 |   |
| Less:                Accumulated amortization |   |                                     | 4,949,494  |                                |   | 4,440,555 |   |
| Land                use rights, net           |   | $                                        | 48,687,803 |                                | $      | 49,066,392 |   |

| September                30, 2009 |   | $      | 1,992,489  |   |
|-----------------------------------|--------|--------|------------|--------|
| September                30, 2010 |   |   | 1,992,489  |   |
| September                30, 2011 |   |   | 1,992,489  |   |
| September                30, 2012 |   |   | 1,992,489  |   |
| September                30, 2013 |   |   | 1,992,489  |   |
| Thereafter                        |   |   | 38,725,358 |   |
| Total                             |   | $      | 48,687,803 |   |

| **9.** | **LONG-TERM                INVESTMENT** |
|--------|-----------------------------------------|

|                                              |   | **September                30, 2008****(Unaudited)** |   | **June                30, 2008** |   |
|---------------------------------------------------|--------|------------------------------------------------------|--------|----------------------------------|--------|
|                                              |   | Ownership                Interest                    |   | Net                Book Value    |   | Ownership                Interest |   | Net                Book Value |   |
|                                              |   |                                                 |   |                             |   |   |   |   |   |
| At                cost:                           |   |                                                 |   |                             |   |   |   |   |   |
| Pingdingshan                City Credit Co., Ltd. |   |                                                 | 3      | %                                | $      | 1,458,768 |   |   | 3 | % | $ | 1,455,223 |   |

----

**CHINA      INFRASTRUCTURE INVESTMENT CORPORATION**

**(FORMERLY      LEARNING QUEST TECHNOLOGIES, INC.) AND SUBSIDIARIES**

**NOTES      TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS**

**AS      OF SEPTEMBER 30, 2008 (UNAUDITED)**

| **10.** | **BANK                LOANS** |
|---------|-------------------------------|

|                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   | **September                30,****2008** |        | **June                30,****2008** |   |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|------------------------------------------|-------------|-------------------------------------|--------|
|                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   | **(Unaudited)**                          |        |                                |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   |                                     |        |                                |   |
| Loan                from National Development Bank of China Henan Branch, due May 20,                2017,                bearing a 7.83% interest rate per annum, secured by the toll road                operating right owned by the Company. Principal is repaid every 6                months                in 20 unequal installments from November 2007, and interest is paid                quarterly.                                          |   | $                                        | 99,196,221  |                                | $      | 98,955,150 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   |                                     |        |                                |   |   |   |
| Loan                from Agricultural Bank of China, due November 20, 2011, bearing a                7.83%                interest rate per annum, secured by the toll road operating right                owned by                the Company. Principal is to be repaid every year in 2 equal installments                from February 2010, and interest is paid monthly.                                                                            |   |                                     | 29,175,358  |                                |   | 29,104,456 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   |                                     |        |                                |   |   |   |
| Loan                from Agricultural Bank of China, due March 20, 2012, bearing a 7.83%                interest rate per annum, secured by the toll road operating right                owned by                the Company. Principal is to be repaid on maturity, and interest                is paid                monthly.                                                                                                                         |   |                                     | 29,175,358  |                                |   | 29,104,456 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   |                                     |        |                                |   |   |   |
| Loan                from Industrial and Commercial Bank of China Pingdingshan Branch,                due                November 19, 2019, bearing a 7.05% interest rate per annum, secured                by the                toll road operating right owned by the Company. Principal is repaid                every                year in 13 unequal installments from November 2007, and interest                is paid                monthly. |   | $                                        | 174,929,614 |                                | $      | 174,504,497 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   |                                     |        |                                |   |   |   |
| Loan                from National Development Bank of China Henan Branch, due November                22,                2022, bearing a 7.83% interest rate per annum, secured by the toll                road                operating right owned by the Company. Principal is to be repaid every                6                months in 12 unequal installments from May 2017, and interest is                paid                quarterly.      |   |                                     | 145,876,792 |                                |   | 145,522,279 |   |
| Total                long-term bank loans                                                                                                                                                                                                                                                                                                                                                                                                                |   |                                     | 478,353,343 |                                |   | 477,190,838 |   |
| Less:                current portion                                                                                                                                                                                                                                                                                                                                                                                                                     |   |                                     | 10,704,439  |                                |   | 10,678,425 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   |                                     |        |                                |   |   |   |
| Long-term                portion                                                                                                                                                                                                                                                                                                                                                                                                                         |   | $                                        | 467,648,904 |                                | $      | 466,512,413 |   |

----

**CHINA      INFRASTRUCTURE INVESTMENT CORPORATION**

**(FORMERLY      LEARNING QUEST TECHNOLOGIES, INC.) AND SUBSIDIARIES**

**NOTES      TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS**

**AS      OF SEPTEMBER 30, 2008 (UNAUDITED)**

| **10.** | **BANK                LOANS (CONTINUED)** |
|---------|-------------------------------------------|

| September                30, 2009 |   | $      | 10,704,439  |   |
|-----------------------------------|--------|--------|-------------|--------|
| September                30, 2010 |   |   | 27,725,343  |   |
| September                30, 2011 |   |   | 15,573,806  |   |
| September                30, 2012 |   |   | 69,075,579  |   |
| September                30, 2013 |   |   | 31,147,613  |   |
| Thereafter                        |   |   | 324,126,563 |   |
| Total                             |   | $      | 478,353,343 |   |

| **11.** | **INCOME                TAX** |
|---------|-------------------------------|

----

**CHINA      INFRASTRUCTURE INVESTMENT CORPORATION**

**(FORMERLY      LEARNING QUEST TECHNOLOGIES, INC.) AND SUBSIDIARIES**

**NOTES      TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS**

**AS      OF SEPTEMBER 30, 2008 (UNAUDITED)**

| **11.** | **INCOME                TAX (CONTINUED)** |
|---------|-------------------------------------------|

|                                |   |  **Three                  Months Ended****September                  30,** |      |
|-------------------------------------|--------|---------------------------------------------------------------------------------|-----------|
|                                |   |  **2008**                                                                  |      | **2007** |   |
|                                |   |  **(Unaudited)**                                                           |      | **(Unaudited)** |   |
| Current                             |   | $                                                                               | 57,988    |   | $ | — |   |
| Deferred                            |   |                                                                            | 1,150,778 |   |   | 1,405,053 |   |
| Income                  tax expense |   | $                                                                               | 1,208,766 |   | $ | 1,405,053 |   |

|                                                   |   |  **Three                Months Ended****September                30,** |      |
|--------------------------------------------------------|--------|-----------------------------------------------------------------------------|-----------|
|                                                   |   |  **2008**                                                              |      | **2007** |   |
|                                                   |   |  **(Unaudited)**                                                       |      | **(Unaudited)** |   |
| Computed                “expected” expense |   | $                                                                           | 1,208,766 |   | $ | 1,405,053 |   |
| Permanent                differences                   |   |                                                                        | —   |   |   | — |   |
| Income                tax expense                      |   | $                                                                           | 1,208,766 |   | $ | 1,405,053 |   |

|                                               |   | **September                30,****2008** |        | **June                30,****2008** |   |
|-----------------------------------------------|--------|------------------------------------------|-------------|-------------------------------------|--------|
|                                          |   | **(Unaudited)**                          |        |                                |   |
| **Current                portion:**           |   |                                     |        |                                |   |   |   |
| G&A                expenses               |   | $                                        | 331,917     |                                | $      | 286,664 |   |
| Amortization                                  |   |                                     | 45,339      |                                |   | 30,226 |   |
| Depreciation                                  |   |                                     | —     |                                |   | 304,361 |   |
| Other                expenses                 |   |                                     | 38,803      |                                |   | 38,710 |   |
| Total                deferred tax assets      |   |                                     | 416,059     |                                |   | 659,961 |   |
|                                          |   |                                     |        |                                |   |   |   |
| Sales                cut-off                  |   |                                     | (1,241,886  | )                                   |   | (1,319,370 | ) |
| Depreciation                                  |   |                                     | (255,195    | )                                   |   | — |   |
| Interest                income                |   |                                     | (8,382,795  | )                                   |   | (7,694,689 | ) |
| Accrued                expenses               |   |                                     | (321,313    | )                                   |   | (112,208 | ) |
| Consulting                fees                |   |                                     | —     |                                |   | (72,761 | ) |
| Other                expenses                 |   |                                     | (47,600     | )                                   |   | (17,467 | ) |
| Total                deferred tax liabilities |   |                                     | (10,248,789 | )                                   |   | (9,216,495 | ) |
|                                          |   |                                     |        |                                |   |   |   |
| Net                deferred tax liabilities   |   | $                                        | (9,832,730  | )                                   | $      | (8,556,534 | ) |

----

**CHINA      INFRASTRUCTURE INVESTMENT CORPORATION**

**(FORMERLY      LEARNING QUEST TECHNOLOGIES, INC.) AND SUBSIDIARIES**

**NOTES      TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS**

**AS      OF SEPTEMBER 30, 2008 (UNAUDITED)**

| **11.** | **INCOME                TAX (CONTINUED)** |
|---------|-------------------------------------------|

|                                     |   | **September                30,****2008** |      | **June                30,****2008** |   |
|------------------------------------------|--------|------------------------------------------|-----------|-------------------------------------|--------|
|                                          |   | **(Unaudited)**                          |      |                                |   |
| **Non-current                portion:**  |   |                                     |      |                                |   |   |   |
| Rental                income             |   | $                                        | 68,857    |                                | $      | 73,232 |   |
| Capitalized                interest      |   |                                     | 2,230,749 |                                |   | 2,225,328 |   |
| Amortization                             |   |                                     | 1,192,035 |                                |   | 1,079,913 |   |
| Bad                debts                 |   |                                     | 2,687,780 |                                |   | 2,681,248 |   |
| Total                deferred tax assets |   | $                                        | 6,179,421 |                                | $      | 6,059,721 |   |

| **12.** | **CONTINGENCIES** |
|---------|-------------------|

**L**
**itigation:**

----

**ITEM      2. MANAGEMENT’S DISCUSSION AND ANALYSIS OR PLAN OF      OPERATION**

**Forward      Looking Statements**

**Business      Overview**

----

**Enterprise      Strategy**

**Significant      Accounting Policies**

----

**Revenue      Recognition**

|  | · | The                amount of revenue can be measured                reliably; |
|--|--------|-------------------------------------------------------------------------------|

|  | · | It                is probable that the economic benefits associated with the transaction                will flow to the enterprise; |
|--|--------|--------------------------------------------------------------------------------------------------------------------------------------|

|  | · | The                costs incurred or to be incurred in respect of the transaction can                be                measured reliably; and |
|--|--------|-----------------------------------------------------------------------------------------------------------------------------------------------|

|  | · | Collectibility                is reasonably assured. |
|--|--------|------------------------------------------------------|

**Fair      Value of Financial Instruments**

**Impairment      of Long-Lived Assets**

**Contingencies**

----

**Recent      Accounting Pronouncements**

**Results      of Operations**

***Results      of Operations for the Three (3) Months Ended September 30, 2008 Compared to      the Three (3) Months Ended September 30, 2007***

|                                                      |   | **Three                Months Ended****September 30****(Unaudited)** |       | **Three                Months Ended****September 30****(Unaudited)** |   |
|-----------------------------------------------------------|--------|---------------------------------------------------------------------------|------------|---------------------------------------------------------------------------|--------|
|                                                      |   | **2008**                                                                  |       | **2007**                                                                  |   | **2008** |   | **2007** |   |
|                                                      |   |                                                                      |       |                                                                      |   |   |   |   |   |
| Revenues                                                  |   | $                                                                         | 15,438,407 |                                                                      | $      | 14,520,907 |   |   | 100 | % |   | 100 | % |
| Operating                costs                            |   |                                                                      | 1,209,211  |                                                                      |   | 486,882 |   |   | 7.8 | % |   | 3.4 | % |
| Depreciation                and amortization              |   |                                                                      | 2,104,615  |                                                                      |   | 1,801,574 |   |   | 13.6 | % |   | 12.4 | % |
| Gross                profit                               |   |                                                                      | 12,124,581 |                                                                      |   | 12,232,451 |   |   | 78.5 | % |   | 84.2 | % |
| General                and administrative expenses        |   |                                                                      | 1,345,248  |                                                                      |   | 929,997 |   |   | 8.7 | % |   | 6.4 | % |
| Income                from operations                     |   |                                                                      | 10,779,333 |                                                                      |   | 11,302,454 |   |   | 69.8 | % |   | 77.8 | % |
| Interest                expense, net                      |   |                                                                      | 6,510,594  |                                                                      |   | 5,877,275 |   |   | 42.2 | % |   | 40.4 | % |
| Other                income, net                          |   |                                                                      | 256,212    |                                                                      |   | 195,035 |   |   | 1.7 | % |   | 1.3 | % |
| Income                from operations before income taxes |   |                                                                      | 4,524,951  |                                                                      |   | 5,620,214 |   |   | 29.3 | % |   | 38.7 | % |
| Income                tax expense                         |   |                                                                      | 1,208,766  |                                                                      |   | 1,405,053 |   |   | 7.8 | % |   | 9.7 | % |
| Net                income                                 |   | $                                                                         | 3,316,185  |                                                                      | $      | 4,215,161 |   |   | 21.5 | % |   | 29.0 | % |

----

**Revenues**

**Operating      Costs**

**Depreciation      and Amortization**

**Gross      Profit**

----

**General      and Administrative Expenses**

**Interest      Expense, Net**

**Income      Tax Expense**

**Net      Income**

**Liquidity      and Capital Resources**

|                                                                |   | **Three                Months Ended September 30****(Unaudited)** |       |
|---------------------------------------------------------------------|--------|------------------------------------------------------------------------|------------|
|                                                                |   | **2008**                                                               |       | **2007** |   |
| Net                cash provided by operating activities            |   | $                                                                      | 5,874,038  |   | $ | 6,248,287 |   |
| Net                cash (used in) provided by investing activities  |   |                                                                   | (3,717,296 | ) |   | 1,591,969 |   |
| Net                cash used in financing activities                |   |                                                                   | —    |   |   | (7,870,735 | ) |
| Net                increase (decrease) in cash and cash equivalents |   |                                                                   | 2,156,742  |   |   | (30,479 | ) |
| Effect                of exchange rate changes on cash              |   |                                                                   | (190,688   | ) |   | (175,547 | ) |
| Cash                and cash equivalents at beginning of period     |   |                                                                   | 5,769,344  |   |   | 5,830,962 |   |
| Cash                and cash equivalents at end of period           |   | $                                                                      | 7,735,398  |   | $ | 5,624,936 |   |

----

**Operating      Activities**

**Investing      Activities**

**Financing      Activities**

**Working      Capital**

**Capital      Expenditures**

**Off-Balance      Sheet Arrangements**

----

**ITEM      3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET      RISK**

***Interest      Rate Risk***

***Foreign      Exchange Risk***

**ITEM      4. CONTROLS AND PROCEDURES**

**Disclosure      Controls and Procedures**

**Changes      In Internal Controls**

----

**PART      II**

**OTHER      INFORMATION**

**ITEM      1. LEGAL PROCEEDINGS**

**ITEM      1A. RISK FACTORS**

**ITEM      2. UREGISTERED SALES OF EQUITY      SECURITIES AND USE OF PROCEEDS**

**ITEM      3. DEFAULTS UPON SENIOR      SECURITIES**

**ITEM      4. SUBMISSION OF MATTERS TO A VOTE OF      SECURITYHOLDERS**

**ITEM      5. OTHER INFORMATION**

**ITEM      6. EXHIBITS**

| **EXHIBIT NO.** |   | **DESCRIPTION**                                                                                                                                                                                                                                           |   | **LOCATION**                                                                                                                                                    |
|----------------------|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                 |   |                                                                                                                                                                                                                                                      |   |                                                                                                                                                            |
| 3.1                  |   | Articles                of Incorporation of Learning Quest Technologies, Inc.                                                                                                                                                                             |   | Incorporated                by reference to Exhibit 3.01 to the Company’s Form 10-SB as filed with the                SEC on December 17, 2004.           |
|                 |   |                                                                                                                                                                                                                                                      |   |                                                                                                                                                            |
| 3.2                  |   | Amended                and Restated Bylaws of China Infrastructure Investment Corporation,                dated                as of May 21, 2008.                                                                                                        |   | Incorporated                by reference to Exhibit 3.3 to the Company’s Current Report on Form 8-K as                filed with the SEC on May 22, 2008. |
|                 |   |                                                                                                                                                                                                                                                      |   |                                                                                                                                                            |
| 3.3                  |   | Certificate                of Incorporation of Color Man Holdings Limited                                                                                                                                                                                 |   | Incorporated                by reference to that Company’s Current Report on Form 8-K as filed with                the SEC on February 11, 2008.          |
|                 |   |                                                                                                                                                                                                                                                      |   |                                                                                                                                                            |
| 3.4                  |   | Certificate                of Incorporation of Wise On China Limited                                                                                                                                                                                      |   | Incorporated                by reference to that Company’s Current Report on Form 8-K as filed with                the SEC on February 11, 2008.          |
|                 |   |                                                                                                                                                                                                                                                      |   |                                                                                                                                                            |
| 3.5                  |   | Certificate                of Incorporation of Pingdingshan Pinglin Expressway Co.,                Ltd.                                                                                                                                                   |   | Incorporated                by reference to that Company’s Current Report on Form 8-K as filed with                the SEC on February 11, 2008.          |
|                 |   |                                                                                                                                                                                                                                                      |   |                                                                                                                                                            |
| 3.6                  |   | Company                Charter of Color Man Holdings Limited (Memorandum of Association                and                Articles of Association                                                                                                         |   | Incorporated                by reference to that Company’s Current Report on Form 8-K as filed with                the SEC on February 11, 2008.          |
|                 |   |                                                                                                                                                                                                                                                      |   |                                                                                                                                                            |
| 3.7                  |   | Company                Charter of Wise On China Limited                                                                                                                                                                                                   |   | Incorporated                by reference to that Company’s Current Report on Form 8-K as filed with                the SEC on February 11, 2008.          |
|                 |   |                                                                                                                                                                                                                                                      |   |                                                                                                                                                            |
| 3.8                  |   | Articles                of Association of Pingdingshan Pinglin Expressway Co.,                Ltd.                                                                                                                                                        |   | Incorporated                by reference to that Company’s Current Report on Form 8-K as filed with                the SEC on February 11, 2008.          |
|                 |   |                                                                                                                                                                                                                                                      |   |                                                                                                                                                            |
| 10.1                 |   | Share                Exchange Agreement, dated February 8, 2008, by and among Learning                Quest                Technologies, Inc., Color Man Holdings Ltd. and Joylink Holdings                Ltd.                                           |   | Incorporated                by reference to that Company’s Current Report on Form 8-K as filed with                the SEC on February 11, 2008.          |
|                 |   |                                                                                                                                                                                                                                                      |   |                                                                                                                                                            |
| 10.2                 |   | Chartered                Rights Agreement on Pingdingshan-Linru Expressway Project, dated                April 10,                2003, by and between Pingdingshan Pinglin Expressway Co., Ltd. and                Pingdingshan Bureau of Communications |   | Incorporated                by reference to that Company’s Current Report on Form 8-K as filed with                the SEC on February 11, 2008.          |

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| **EXHIBIT NO.** |   | **DESCRIPTION**                                                                                                                                                                                                                                                                             |   | **LOCATION**                                                                                                                                                                                                                                 |
|----------------------|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                 |   |                                                                                                                                                                                                                                                                                        |   |                                                                                                                                                                                                                                         |
| 10.3                 |   | Loan                Contract of the Year 2004, dated December 28, 2004, by and between                the                China Development Bank and Pingdingshan Pinglin Expressway Co.,                Ltd.                                                                                |   | Incorporated                by reference to that Company’s Current Report on Form 8-K as filed with                the SEC on February 11, 2008.                                                                                       |
|                 |   |                                                                                                                                                                                                                                                                                        |   |                                                                                                                                                                                                                                         |
| 10.4                 |   | Loan                Contract of the Fixed Assets (No. YBZ No. 0054, 2005), dated July                29,                2005, by and between The Pingdingshan Branch of Industrial and Commercial                Bank of China and Pingdingshan Pinglin Expressway Co.,                Ltd. |   | Incorporated                by reference to that Company’s Current Report on Form 8-K as filed with                the SEC on February 11, 2008.                                                                                       |
|                 |   |                                                                                                                                                                                                                                                                                        |   |                                                                                                                                                                                                                                         |
| 10.5                 |   | Loan                Contract, dated February 25, 2005, by and between the Agricultural                Bank of                China, Xinhua Branch of Pingdingshan City and Pingdingshan Pinglin                Expressway Co., Ltd.                                                         |   | Incorporated                by reference to that Company’s Current Report on Form 8-K as filed with                the SEC on February 11, 2008.                                                                                       |
|                 |   |                                                                                                                                                                                                                                                                                        |   |                                                                                                                                                                                                                                         |
| 10.6                 |   | Loan                Contract of the Year 2007, dated September 28, 2007, by and between                the                China Development Bank and Pingdingshan Pinglin Expressway Co.,                Ltd.                                                                               |   | Incorporated                by reference to that Company’s Current Report on Form 8-K as filed with                the SEC on February 11, 2008.                                                                                       |
|                 |   |                                                                                                                                                                                                                                                                                        |   |                                                                                                                                                                                                                                         |
| 10.7                 |   | Loan                Contract, dated June 7, 2005, by and between the Agricultural Bank                of                China, Xinhua Branch of Pingdingshan City and Pingdingshan Pinglin                Expressway Co., Ltd.                                                              |   | Incorporated                by reference to that Company’s Current Report on Form 8-K as filed with                the SEC on February 11, 2008.                                                                                       |
|                 |   |                                                                                                                                                                                                                                                                                        |   |                                                                                                                                                                                                                                         |
| 10.8                 |   | General                Loan Contract, dated November 29, 2004, by and between the China                Development Bank and Pingdingshan Pinglin Expressway Co.,                Ltd.                                                                                                        |   | Incorporated                by reference to that Company’s Current Report on Form 8-K as filed with                the SEC on February 11, 2008.                                                                                       |
|                 |   |                                                                                                                                                                                                                                                                                        |   |                                                                                                                                                                                                                                         |
| 10.9                 |   | Loan                Contract of the Fixed Assets (No. YBZ No. 0051, 2005), dated July                29,                2005, by and between The Pingdingshan Branch of Industrial and Commercial                Bank of China and Pingdingshan Pinglin Expressway Co.,                Ltd. |   | Incorporated                by reference to that Company’s Current Report on Form 8-K as filed with                the SEC on February 11, 2008.                                                                                       |
|                 |   |                                                                                                                                                                                                                                                                                        |   |                                                                                                                                                                                                                                         |
| 14.1                 |   | Code                of Ethics                                                                                                                                                                                                                                                               |   | Incorporated                by reference to Exhibit 14.1 the Company’s Annual Report on Form 10-K for                the fiscal year ended June 30, 2008 as filed with the SEC on September                29,                2008.    |
|                 |   |                                                                                                                                                                                                                                                                                        |   |                                                                                                                                                                                                                                         |
| 16.1                 |   | Auditor                Letter                                                                                                                                                                                                                                                               |   | Incorporated                by reference to Exhibit 16.1 to the Company’s Annual Report on Form 10-K                for the fiscal year ended June 30, 2008 as filed with the SEC on                September                29, 2008. |
|                 |   |                                                                                                                                                                                                                                                                                        |   |                                                                                                                                                                                                                                         |
| 31.1                 |   | Certification                of Chief Executive Officer pursuant to Section 302 of the Sarbanes-Oxley                Act of 2002                                                                                                                                                            |   | Provided                herewith.                                                                                                                                                                                                            |
|                 |   |                                                                                                                                                                                                                                                                                        |   |                                                                                                                                                                                                                                         |
| 31.2                 |   | Certification                of Chief Financial Officer pursuant to Section 906 of the Sarbanes-Oxley                Act of 2002                                                                                                                                                            |   | Provided                herewith.                                                                                                                                                                                                            |

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| **EXHIBIT NO.** |   | **DESCRIPTION**                                                                                                                  |   | **LOCATION**                                                                                                                                                                    |
|----------------------|--------|----------------------------------------------------------------------------------------------------------------------------------|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                 |   |                                                                                                                             |   |                                                                                                                                                                            |
| 32.1                 |   | Certification                of Chief Executive Officer pursuant to Section 906 of the Sarbanes-Oxley                Act of 2002 |   | Provided                herewith.                                                                                                                                               |
|                 |   |                                                                                                                             |   |                                                                                                                                                                            |
| 32.2                 |   | Certification                of Chief Financial Officer pursuant to Section 906 of the Sarbanes-Oxley                Act of 2002 |   | Provided                herewith.                                                                                                                                               |
|                 |   |                                                                                                                             |   |                                                                                                                                                                            |
| 99.1                 |   | Audit                Committee Charter of the Company                                                                            |   | Incorporated                by reference to Exhibit 99.1 to the Company’s Current Report on Form 8-K                as filed with the SEC on May 22, 2008.                |
|                 |   |                                                                                                                             |   |                                                                                                                                                                            |
| 99.2                 |   | Compensation                Committee Charter of the Company                                                                     |   | Incorporated                by reference to Exhibit 99.2 to the Company’s Current Report on Form 8-K                as filed with the SEC on May 22, 2008.                |
|                 |   |                                                                                                                             |   |                                                                                                                                                                            |
| 99.3                 |   | Corporate                Governance and Nominating Committee Charter of the Company                                              |   | Incorporated                by reference to Exhibit 99.3 to the Company’s Current Report on Form 8-K                as filed with the SEC on May 22,                2008. |

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**SIGNATURES**

|                                        |                                                                                                                  |                         |
|---------------------------------------------|-----------------------------------------------------------------------------------------------------------------------|------------------------------|
| Date: November                14, 2008 | By:                                                                                                         | */s/              Li Xipeng* |
|                                        | Name: Li                Xipeng                                                                                   |
|                                        | Its: Chief                Executive Officer, Principal ExecutiveOfficer                and Chairman of the Board |

|                                        |                                                                                                                    |                              |
|---------------------------------------------|-------------------------------------------------------------------------------------------------------------------------|-----------------------------------|
| Date: November                14, 2008 | By:                                                                                                           | */s/              Zhang Chunxian* |
|                                        | Name: Zhang                Chunxian                                                                                |
|                                        | Its: Chief                Financial Officer, Principal Financial andAccounting                Officer and Director |

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