----

----

| Nevada                                                         | 83-0506099                           |
|----------------------------------------------------------------|--------------------------------------|
| (State or Other Jurisdiction of incorporation or organization) | (I.R.S. Employer Identification No.) |

| 24/F., Unit 3 Great China International Square, No. 1 Fuhua Rd., Futian District, Shenzhen |    |    |
|--------------------------------------------------------------------------------------------|--------------|--------------|
| Guandong Province, China                                                                   |    | n/a          |
| (Address of principal executive offices)                                                   |    | (Zip Code)   |

|                                                                                  |                                   |
|---------------------------------------------------------------------------------------|----------------------------------------|
| Large accelerated filer   £                                            | Accelerated filer  £    |
| Non-accelerated filer  £ (Do not check if a smaller reporting company) | Smaller reporting company  T |

|                           |               |
|--------------------------------|--------------------|
| Class of Securities            | Shares Outstanding |
| Common Stock, $0.001 par value | 300,000,000 shares |

----

|         |                                                                                                                                         |   |
|--------------|----------------------------------------------------------------------------------------------------------------------------------------------|--------|
|    | Part I – Financial Information                                                                                                         |   |
| Item 1       | Financial Statements                                                                                                                         | 3      |
|    | Unaudited Condensed Balance Sheets, June 30, 2011 and December 31, 2010                                                                      | 3      |
|    | Unaudited Condensed Consolidated Statements of Operations and Comprehensive Income for the three and six months ended June 30, 2011 and 2010 | 4      |
|    | Unaudited Condensed Consolidated Statements of Cash Flows for the six months ended June 30, 2011 and 2010                                    | 5      |
|    | Notes to the Unaudited Condensed Consolidated Financial Statements                                                                           | 6      |
| Item 2       | Management’s Discussion and Analysis of Financial Condition and Results of Operations                                                  | 14     |
| Item 3       | Quantitative and Qualitative Disclosures about Market Risk                                                                                   | 19     |
| Item 4       | Controls and Procedures                                                                                                                      | 20     |
|         |                                                                                                                                         |   |
|         | Part II – Other Information                                                                                                            |   |
| Item 1       | Legal Proceedings                                                                                                                            | 21     |
| Item 2       | Unregistered Sales Of Equity Securities And Use Of Proceeds                                                                                  | 21     |
| Item 3       | Defaults Upon Senior Securities                                                                                                              | 21     |
| Item 4       | Removed and Reserved                                                                                                                         | 21     |
| Item 5       | Other Information                                                                                                                            | 21     |
| Item 6       | Exhibits                                                                                                                                     | 21     |
|         |                                                                                                                                         |   |
|         |                                                                                                                                         |   |

----

|                                   |   | June 30,2011 |      |   | December 31,2010 |   |
|----------------------------------------|--------|--------------|-----------|--------|------------------|--------|
|                                   |   | (Unaudited)  |      |   | (Audited)        |   |
| Assets                                 |   |         |      |   |             |   |
| Current assets                         |   |         |      |   |             |   |
| Cash and cash equivalents              |   | $            | 3,947     |   |             | $      | 43,895 |   |
| Accounts receivable                    |   |         | 763,787   |   |             |   | 35,068 |   |
| Inventories                            |   |         | 349,626   |   |             |   | 533,955 |   |
| Amount due from a director             |   |         | 150,088   |   |             |   | 117,845 |   |
| Prepaid expenses and other receivables |   |         | 785,625   |   |             |   | 1,073,992 |   |
| Total current assets                   |   |         | 2,053,073 |   |             |   | 1,804,755 |   |
|                                   |   |         |      |   |             |   |   |   |
| Property, plant and equipment, net     |   |         | 3,158,480 |   |             |   | 3,144,434 |   |
| Land use rights, net                   |   |         | 98,555    |   |             |   | 97,109 |   |
| Other intangible assets, net           |   |         | 26,956    |   |             |   | 31,910 |   |
|                                   |   |         |      |   |             |   |   |   |
| Total assets                           |   | $            | 5,337,064 |   |             | $      | 5,078,208 |   |
|                                   |   |         |      |   |             |   |   |   |

| Liabilities and stockholders’ equity                                                                         |   |   |       |   |   |   |
|--------------------------------------------------------------------------------------------------------------------|--------|--------|------------|--------|--------|--------|
| Liabilities                                                                                                        |   |   |       |   |   |   |
| Current liabilities                                                                                                |   |   |       |   |   |   |
| Accounts payable                                                                                                   |   | $      | 696,608    |   |   | $      | 623,930 |   |
| Accrued expenses and other payables                                                                                |   |   | 2,372,729  |   |   |   | 2,250,771 |   |
| Receipt in advance                                                                                                 |   |   | 994,301    |   |   |   | 1,104,597 |   |
| Short term debts                                                                                                   |   |   | 831,813    |   |   |   | 660,932 |   |
| Taxes payable                                                                                                      |   |   | 1,667,701  |   |   |   | 1,695,292 |   |
| Amount due to a director                                                                                           |   |   | 863,400    |   |   |   | 849,445 |   |
|                                                                                                               |   |   |       |   |   |   |   |   |
| Total liabilities                                                                                                  |   | $      | 7,426,552  |   |   | $      | 7,184,967 |   |
|                                                                                                               |   |   |       |   |   |   |   |   |
| Stockholders’ equity                                                                                         |   |   |       |   |   |   |   |   |
| Common stock: Par value $0.001 per share; 400,000,000 shares authorized, 300,000,000 shares issued and outstanding |   |   | 300,000    |   |   |   | 300,000 |   |
| Additional paid in capital                                                                                         |   |   | 1,632,689  |   |   |   | 1,632,689 |   |
| Accumulated deficits                                                                                               |   |   | (4,201,150 | )      |   |   | (4,270,412 | ) |
| Accumulated other comprehensive income                                                                             |   |   | 178,973    |   |   |   | 230,964 |   |
| Total stockholders’ equity                                                                                   |   | $      | (2,089,488 | )      |   | $      | (2,106,759 | ) |
|                                                                                                               |   |   |       |   |   |   |   |   |
| Total liabilities and stockholders’ equity                                                                   |   | $      | 5,337,064  |   |   | $      | 5,078,208 |   |
|                                                                                                               |   |   |       |   |   |   |   |   |

----

|                                                                |   | For the three months ended June 30, |        |   | For the six monthsended June 30, |   |
|---------------------------------------------------------------------|--------|------------------------------------------|-------------|--------|----------------------------------|--------|
|                                                                |   | 2011                                     |        |   | 2010                             |   |   | 2011 |   |   | 2010 |   |
|                                                                |   |                                     |        |   |                             |   |   |   |   |   |   |   |
| Revenues                                                            |   | $                                        | 406,918     |   |                             |   | 270,670 |   |   |   | 1,126,101 |   |   |   | 572,068 |   |
|                                                                |   |                                     |        |   |                             |   |   |   |   |   |   |   |   |   |   |   |
| Cost of sales                                                       |   |                                     | 69,490      |   |                             |   | 108,295 |   |   |   | 313,388 |   |   |   | 203,540 |   |
|                                                                |   |                                     |        |   |                             |   |   |   |   |   |   |   |   |   |   |   |
| Expenses                                                            |   |                                     |        |   |                             |   |   |   |   |   |   |   |   |   |   |   |
| Selling and distribution                                            |   |                                     | 35,991      |   |                             |   | 103,576 |   |   |   | 218,238 |   |   |   | 176,532 |   |
| General and administrative (inclusive of depreciation)              |   |                                     | 332,382     |   |                             |   | 162,903 |   |   |   | 511,206 |   |   |   | 719,017 |   |
| Impairment loss on property, plant and equipment                    |   |                                     | -           |   |                             |   | - |   |   |   | - |   |   |   | 231,754 |   |
| Total operating expenses                                            |   |                                     | 368,373     |   |                             |   | 266,479 |   |   |   | 729,444 |   |   |   | 1,127,303 |   |
|                                                                |   |                                     |        |   |                             |   |   |   |   |   |   |   |   |   |   |   |
| Operating profit/(loss)                                             |   |                                     | (30,945     | )      |                             |   | (104,104 | ) |   |   | 83,269 |   |   |   | (758,775 | ) |
|                                                                |   |                                     |        |   |                             |   |   |   |   |   |   |   |   |   |   |   |
| Other expenses                                                      |   |                                     |        |   |                             |   |   |   |   |   |   |   |   |   |   |   |
| Other expenses                                                      |   |                                     | 3,732       |   |                             |   | 842 |   |   |   | 3,769 |   |   |   | 3,103 |   |
| Interest expense                                                    |   |                                     | 8,458       |   |                             |   | 13,317 |   |   |   | 10,238 |   |   |   | 24,327 |   |
| Total other expenses                                                |   |                                     | 12,190      |   |                             |   | 14,159 |   |   |   | 14,007 |   |   |   | 27,430 |   |
|                                                                |   |                                     |        |   |                             |   |   |   |   |   |   |   |   |   |   |   |
| Profit/(loss) from operations before provision for income taxes     |   |                                     | (43,135     | )      |                             |   | (118,263 | ) |   |   | 69,262 |   |   |   | (786,205 | ) |
|                                                                |   |                                     |        |   |                             |   |   |   |   |   |   |   |   |   |   |   |
| Provision for income taxes                                          |   |                                     | -           |   |                             |   | - |   |   |   | - |   |   |   | - |   |
|                                                                |   |                                     |        |   |                             |   |   |   |   |   |   |   |   |   |   |   |
| Net income/(loss) for the period                                    |   | $                                        | (43,135     | )      |                             |   | (118,263 | ) |   |   | 69,262 |   |   |   | (786,205 | ) |
|                                                                |   |                                     |        |   |                             |   |   |   |   |   |   |   |   |   |   |   |
| Other comprehensive income                                          |   |                                     |        |   |                             |   |   |   |   |   |   |   |   |   |   |   |
| Loss/(gain) on foreign currency translation                         |   |                                     | (31,944     | )      |                             |   | 3,406 |   |   |   | (51,991 | ) |   |   | 6,067 |   |
|                                                                |   |                                     |        |   |                             |   |   |   |   |   |   |   |   |   |   |   |
| Total comprehensive income for the period                           |   | $                                        | (75,079     | )      |                             |   | (114,857 | ) |   |   | 17,271 |   |   |   | (780,138 | ) |
|                                                                |   |                                     |        |   |                             |   |   |   |   |   |   |   |   |   |   |   |
|                                                                |   |                                     |        |   |                             |   |   |   |   |   |   |   |   |   |   |   |
| Earnings per share, basic and diluted – continuing operations |   | $                                        | (0.00       | )      |                             |   | (0.00 | ) |   |   | 0.00 |   |   |   | (0.00 | ) |
|                                                                |   |                                     |        |   |                             |   |   |   |   |   |   |   |   |   |   |   |
| Weighted average number of shares outstanding, basic and diluted    |   |                                     | 300,000,000 |   |                             |   | 300,000,000 |   |   |   | 300,000,000 |   |   |   | 300,000,000 |   |

----

|                                                                              |   | Six months ended June 30, |     |
|-----------------------------------------------------------------------------------|--------|---------------------------|----------|
|                                                                              |   | 2011                      |     |   | 2010 |   |
|                                                                              |   |                      |     |   |   |   |
| Cash flows from operating activities                                              |   |                      |     |   |   |   |
| Net income/(loss)                                                                 |   | $                         | 69,262   |   |   | $ | (786,205 | ) |
| Adjustments to reconcile net income to net cash provided by operating activities: |   |                      |     |   |   |   |   |   |
| Depreciation expense                                                              |   |                      | 67,521   |   |   |   | 193,518 |   |
| Impairment charges for property, plant and equipment                              |   |                      | -        |   |   |   | 231,754 |   |
| Amortization expense of land use rights                                           |   |                      | 792      |   |   |   | 758 |   |
| Amortization expense of other intangible assets                                   |   |                      | 5,643    |   |   |   | 8,271 |   |
| Changes in operating assets and liabilities:                                      |   |                      |     |   |   |   |   |   |
| (Increase)/decrease in accounts receivable                                        |   |                      | (728,719 | ) |   |   | 219,122 |   |
| Decrease/(increase) in inventories                                                |   |                      | 184,329  |   |   |   | (65,552 | ) |
| Decrease/(increase) in prepaid expenses and other receivables                     |   |                      | 288,367  |   |   |   | (628,347 | ) |
| (Increase)/decrease in amount due from a director                                 |   |                      | (32,243  | ) |   |   | 15,750 |   |
| Increase/(decrease) in accounts payable                                           |   |                      | 72,678   |   |   |   | (13,493 | ) |
| Increase in accrued expenses and other payables                                   |   |                      | 121,958  |   |   |   | 1,100,807 |   |
| Decrease in receipt in advance                                                    |   |                      | (110,296 | ) |   |   | - |   |
| (Decrease)/increase in taxes payable                                              |   |                      | (27,591  | ) |   |   | 9,860 |   |
|                                                                              |   |                      |     |   |   |   |   |   |
| Net cash (used in)/provided by operating activities                               |   | $                         | (88,299  | ) |   | $ | 286,243 |   |
|                                                                              |   |                      |     |   |   |   |   |   |
| Cash flows from investing activities                                              |   |                      |     |   |   |   |   |   |
| Additions to property, plant and equipment                                        |   | $                         | (26,685  | ) |   |   | (38,052 | ) |
| Additions to other intangible assets                                              |   |                      | -        |   |   |   | (43,264 | ) |
|                                                                              |   |                      |     |   |   |   |   |   |
| Net cash used in investing activities                                             |   | $                         | (26,685  | ) |   | $ | (81,316 | ) |
|                                                                              |   |                      |     |   |   |   |   |   |
| Cash flows from financing activities                                              |   |                      |     |   |   |   |   |   |
| Decrease in other liabilities                                                     |   | $                         | -        |   |   |   | (1,199,300 | ) |
| Increase in amount due to a director                                              |   |                      | 13,955   |   |   |   | 736,833 |   |
| Increase in other borrowings                                                      |   |                      | 170,881  |   |   |   | 244,945 |   |
|                                                                              |   |                      |     |   |   |   |   |   |
| Net cash provided by/(used in) financing activities                               |   | $                         | 184,836  |   |   | $ | (217,522 | ) |
|                                                                              |   |                      |     |   |   |   |   |   |
| Net increase/(decrease) in cash and cash equivalents                              |   | $                         | 69,852   |   |   | $ | (12,595 | ) |
|                                                                              |   |                      |     |   |   |   |   |   |
| Effect of foreign exchange rate changes                                           |   | $                         | (109,800 | ) |   | $ | (19,207 | ) |
|                                                                              |   |                      |     |   |   |   |   |   |
| Cash and cash equivalents at January 1                                            |   | $                         | 43,895   |   |   | $ | 116,989 |   |
|                                                                              |   |                      |     |   |   |   |   |   |
| Cash and cash equivalents at June 30                                              |   | $                         | 3,947    |   |   | $ | 85,187 |   |
|                                                                              |   |                      |     |   |   |   |   |   |
| Supplement disclosure of cash flows information:                                  |   |                      |     |   |   |   |   |   |
| Cash paid for interest                                                            |   | $                         | -        |   |   | $ | - |   |
| Cash paid for income taxes                                                        |   | $                         | -        |   |   | $ | - |   |

----

|  Name                                                                      |   | Domicile and date of incorporation                                            |   |  Paid-in capital |   | Effective ownership |   |  Principal activities                                                    |
|---------------------------------------------------------------------------------|--------|-------------------------------------------------------------------------------|--------|-----------------------|--------|---------------------|--------|-------------------------------------------------------------------------------|
|                                                                            |   |                                                                          |   |                  |   |                |   |                                                                          |
| Plenty Fame Holding, Limited (“Plenty Fame”)                        |   | British Virgin Islands (the “BVI”)January 18, 2008                |   | $50,000               |   | 100%                |   | Investment holding                                                            |
|                                                                            |   |                                                                          |   |                  |   |                |   |                                                                          |
| Prospect Hong Kong Development Limited (“Prospect”)                 |   | Hong Kong Special Administrative Region (“HKSAR”)October 17, 2008 |   | HK$10,000             |   | 100%                |   | Investment holding                                                            |
|                                                                            |   |                                                                          |   |                  |   |                |   |                                                                          |
| Jiangxi Jien Industries Limited (“Jiangxi Jien”)               |   | The PRCApril 8, 1997                                                          |   | RMB16,000,000         |   | 100%                |   | Sale of consumer products in the PRC.                                         |
|                                                                            |   |                                                                          |   |                  |   |                |   |                                                                          |
| Shenzhen Jien Electronic Commerce Company Limited (“Shenzhen Jien”) |   | The PRCApril 13, 2009                                                         |   | RMB3,000,000          |   | 100%                |   | Management of regional distribution rights and provision of related services. |
|                                                                            |   |                                                                          |   |                  |   |                |   |                                                                          |

| (a)   | Cash and Cash Equivalents |
|-----------------|---------------------------|

| (b)   | Inventories |
|-----------------|-------------|

----

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

| (d)   | Revenue Recognition |
|-----------------|---------------------|

| (i) | Initial fee income is generally recorded upon completion of admission procedures, when the rights to use the trademarks are granted to the users, and when collectability is reasonably assured.   |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (ii) | Continuing management fee income represent regular contractual payments received for the use of the “GEN+Me” trademarks plus our supporting services, which are recognized as revenue when earned, generally on a straight line basis. |
|------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (e)   | Earnings Per Share |
|-----------------|--------------------|

| (f) | Foreign Currency Translation |
|-----|------------------------------|

|                                    |   | June 30,2011 |   | December 31,2010 |   | June 30,2010 |
|-----------------------------------------|--------|--------------|--------|------------------|--------|--------------|
|                                    |   |         |   |             |   |         |
| Period/year end RMB : US$ exchange rate |   | 0.1549       |   | 0.1514           |   | 0.1475  |
| Average yearly RMB : US$ exchange rate  |   | 0.1536       |   | 0.1477           |   | 0.1469       |
|                                    |   |         |   |             |   |         |

----

|                                                                            |   | June 30,2011 |    |   | December 31, 2010 |   |
|---------------------------------------------------------------------------------|--------|--------------|---------|--------|------------------------|--------|
|                                                                            |   |         |    |   |                   |   |
| Beijing Shanghan International Trading Limited (“Beijing Shanghan”) |   | $            | -       |   |                   | $      | 5,664,885 |   |
| Zhang De Jun                                                                    |   |         | 532,045 |   |                   |   | - |   |
| Others                                                                          |   |         | 231,742 |   |                   |   | 35,068 |   |
|                                                                            |   |         | 763,787 |   |                   |   | 5,699,953 |   |
| Less: Allowance for doubtful accounts                                           |   |         | -       |   |                   |   | (5,664,885 | ) |
|                                                                            |   |         |    |   |                   |   |   |   |
| Total                                                                           |   | $            | 763,787 |   |                   | $      | 35,068 |   |
|                                                                            |   |         |    |   |                   |   |   |   |

|                        |   | June 30,2011 |    |   | December 31, 2010 |   |
|-----------------------------|--------|--------------|---------|--------|------------------------|--------|
|                        |   |         |    |   |                   |   |
| Trading inventories         |   | $            | 120,849 |   |                   | $      | 314,871 |   |
| Packing and other materials |   |         | 228,777 |   |                   |   | 219,084 |   |
|                        |   |         |    |   |                   |   |   |   |
| Total                       |   | $            | 349,626 |   |                   | $      | 533,955 |   |
|                        |   |         |    |   |                   |   |   |   |

----

|              |   | June 30,2011 |    |   | December 31, 2010 |   |
|-------------------|--------|--------------|---------|--------|------------------------|--------|
|              |   |         |    |   |                   |   |
| Prepaid expenses  |   | $            | 652,438 |   |                   | $      | 895,646 |   |
| Other receivables |   |         | 133,187 |   |                   |   | 178,346 |   |
|              |   |         |    |   |                   |   |   |   |
| Total             |   | $            | 785,625 |   |                   | $      | 1,073,992 |   |
|              |   |         |    |   |                   |   |   |   |

|                               |   | Depreciablelives |   |   | June 30,2011 |      |      | December 31, 2010 |   |
|------------------------------------|--------|------------------|--------|--------|--------------|-----------|-----------|------------------------|--------|
|                               |   |             |   |   |         |      |      |                   |   |
| At cost:                           |   |             |   |   |         |      |      |                   |   |
| Plant                              |   | 40 years         |   |   | $            | 1,450,908 |      |                   | $      | 1,418,125 |   |
| Machinery                          |   | 15 years         |   |   |         | 188,082   |      |                   |   | 183,832 |   |
| Motor vehicle                      |   | 10 years         |   |   |         | 42,952    |      |                   |   | 41,981 |   |
| Office equipment                   |   | 5 years          |   |   |         | 219,119   |      |                   |   | 207,983 |   |
| Leasehold Improvement              |   | 2 years          |   |   |         | 354,927   |      |                   |   | 346,907 |   |
| Construction in progress           |   |             | N/A    |   |         |      | 1,730,200 |                   |   |   | 1,688,058 |   |
|                               |   |             |   |   |         |      | 3,986,188 |                   |   |   | 3,886,886 |   |
|                               |   |             |   |   |         |      |      |                   |   |   |   |   |
| Less: Accumulated depreciation     |   |             |   |   |         |      | (827,708  | )                      |   |   | (742,452 | ) |
|                               |   |             |   |   |         |      |      |                   |   |   |   |   |
| Property, plant and equipment, net |   |             |   |   |         | $         | 3,158,480 |                   |   | $ | 3,144,434 |   |
|                               |   |             |   |   |         |      |      |                   |   |   |   |   |

----

|                           | Useful lives        |   | June 30,2011 |    |   | December 31, 2010 |   |
|--------------------------------|---------------------|--------|--------------|---------|--------|------------------------|--------|
| At cost:                       |                |   |         |    |   |                   |   |
| Land use rights                | 59 – 60 years |   | $            | 117,770 |   |                   | $      | 115,109 |   |
|                           |                |   |         |    |   |                   |   |   |   |
| Less: Accumulated amortization |                |   |         | (19,215 | )      |                   |   | (18,000 | ) |
|                           |                |   |         |    |   |                   |   |   |   |
| Land use rights, net           |                |   | $            | 98,555  |   |                   | $      | 97,109 |   |
|                           |                |   |         |    |   |                   |   |   |   |

|                           |  Useful lives |   | June 30,2011 |    |   | December 31, 2010 |   |
|--------------------------------|--------------------|--------|--------------|---------|--------|------------------------|--------|
| At cost:                       |               |   |         |    |   |                   |   |
| Information systems            | 5 years            |   | $            | 42,943  |   |                   | $      | 42,996 |   |
|                           |               |   |         |    |   |                   |   |   |   |
| Less: Accumulated amortization |               |   |         | (15,987 | )      |                   |   | (11,086 | ) |
|                           |               |   |         |    |   |                   |   |   |   |
| Other intangible assets, net   |               |   | $            | 26,956  |   |                   | $      | 31,910 |   |
|                           |               |   |         |    |   |                   |   |   |   |

|          |   | June 30,2011 |     |   | December 31, 2010 |   |
|---------------|--------|--------------|----------|--------|------------------------|--------|
|          |   |         |     |   |                   |   |
| Ye Xin Zhang  |   | $            | 150,088  |   |                   | $      | 117,845 |   |
|          |   |         |     |   |                   |   |   |   |
| Chen Xing Hua |   | $            | (863,400 | )      |                   | $      | (849,445 | ) |
|          |   |         |     |   |                   |   |   |   |

----

|                                      |   |          |   |      |   | Effectiveinterest rate |   |  Outstanding balance |
|-------------------------------------------|--------|---------------|--------|-----------|--------|------------------------|--------|---------------------------|
| Name of parties                           |   | Due date      |   | Nature    |   | June 30,2011           |   | December 31, 2010    |   |   | June 30,2011 |   | December 31, 2010 |
|                                      |   |          |   |      |   |                   |   |                      |   |   |   |   |   |
| Qin Jianguo                               |   | December,2011 |   | Unsecured |   | Nil                    |   | 19.1%                     |   | $ | 235,448 | $ | 230,128 |
| Shu Jian                                  |   | On demand     |   | Unsecured |   | 5.85%                  |   | 5.85%                     |   |   | 224,605 |   | 355,104 |
| Shenzhen Datang Hexie Investments Limited |   | On demand     |   | Unsecured |   | Nil                    |   | Nil                       |   |   | 61,960 |   | 75,700 |
| China Construction Bank                   |   | April, 2012   |   | Secured   |   | 6.56%                  |   | -                         |   |   | 309,800 |   | - |
|                                      |   |          |   |      |   |                   |   |                      |   |   |   |   |   |
| Short term debt                           |   |          |   |      |   |                   |   |                      |   | $ | 831,813 | $ | 660,932 |
|                                      |   |          |   |      |   |                   |   |                      |   |   |   |   |   |

|                                       |   | June 30,2011 |      |   | December 31, 2010 |   |
|--------------------------------------------|--------|--------------|-----------|--------|------------------------|--------|
|                                       |   |         |      |   |                   |   |
| Accrued operating expenses                 |   | $            | 78,553    |   |                   | $      | 93,901 |   |
| Accrued interest expense                   |   |         | 246,124   |   |                   |   | 235,750 |   |
| Amount due to Shenzhen Hanhong – (i) |   |         | 838,403   |   |                   |   | 825,933 |   |
| Other payables – (ii)                |   |         | 1,209,649 |   |                   |   | 1,095,187 |   |
|                                       |   |         |      |   |                   |   |   |   |
|                                       |   | $            | 2,372,729 |   |                   | $      | 2,250,771 |   |
|                                       |   |         |      |   |                   |   |   |   |

| (i)   | The amount mainly represents consultancy fee payable to Shenzhen Hanhong. Shenzhen Hanhong is a related party as Mr. Chen Xing Hua is a common director of the Company and Shenzhen Hanhong. The amount is interest free, unsecured and has no fixed terms of repayment. |
|-----------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (ii)   | Included in other payables as of June 30, 2011 is an amount payable for office decoration and expenses in the amount of $247,840, an amount payable for marketing and promotional expenses of $590,897 and fixed assets payable amounting to $122,371. The remaining balance consists of amounts owed by the Company to various entities that are incurred by the Company in daily business operations other than trading nature.  These liabilities and accrued operating expenses are non interest bearing and are payable within one year. |
|------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|               |   | June 30,2011 |    |   | December 31, 2010 |   |
|--------------------|--------|--------------|---------|--------|------------------------|--------|
|               |   |         |    |   |                   |   |
| Receipt in advance |   | $            | 994,301 |   |                   | $      | 1,104,597 |   |
|               |   |         |    |   |                   |   |   |   |

----

| (i)   | Initial fee income is generally recorded upon completion of admission procedures, when the rights to use the trademarks are granted to the users, and when collectability is reasonably assured.   |
|-----------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (ii)   | Continuing management fee income represents regular contractual payments received for the use of the “GEN+Me” trademarks plus our supporting services, which are recognized as revenue when earned. |
|------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|                     |   | June 30,2011 |      |   | December 31, 2010 |   |
|--------------------------|--------|--------------|-----------|--------|------------------------|--------|
|                     |   |         |      |   |                   |   |
| Income tax payables      |   | $            | 282,137   |   |                   | $      | 275,762 |   |
| Value added tax payables |   |         | 1,383,672 |   |                   |   | 1,276,919 |   |
| Business sales tax       |   |         | -         |   |                   |   | 46,111 |   |
| Other tax payables       |   |         | 1,892     |   |                   |   | 96,500 |   |
|                     |   |         |      |   |                   |   |   |   |
| Total                    |   | $            | 1,667,701 |   |                   | $      | 1,695,292 |   |
|                     |   |         |      |   |                   |   |   |   |

|                                                                |   | Six months ended June 30, |    |
|---------------------------------------------------------------------|--------|---------------------------|---------|
|                                                                |   | 2011                      |    |   | 2010 |   |
|                                                                |   | Amount                    |    |   | % |   |   | Amount |   |   | % |   |
|                                                                |   |                      |    |   |   |   |   |   |   |   |   |   |
| Income from continuing operations before provision for income taxes |   | $                         | 69,262  |   |   |   |   |   |   | (786,205 | ) |   |   |   |
|                                                                |   |                      |    |   |   |   |   |   |   |   |   |   |   |   |
| Expected PRC income tax expense at statutory tax rate of 25%        |   |                      | 17,316  |   |   |   | 25.0 |   |   |   | (196,551 | ) |   |   | 25.0 |   |
| Tax effect of tax losses not provided for deferred tax              |   |                      |    |   |   |   | - |   |   |   | 196,551 |   |   |   | (25.0 | ) |
|                                                                |   |                      |    |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Utilization of tax loss brought forward                             |   |                      | (17,316 | ) |   |   | (25.0 | ) |   |   | - |   |   |   | - |   |
|                                                                |   |                      |    |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Provision for Income Taxes                                          |   | $                         | -       |   |   |   | - |   |   | $ | - |   |   |   | - |   |

| (i)   | Both Jiangxi Jien and Shenzhen Jien are subject to PRC tax. The provision for PRC income tax is based on a statutory rate of 25% of the assessable income of the PRC subsidiaries as determined in accordance with the relevant income tax rules and regulations of the PRC. |
|-----------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (ii)   | Plenty Fame is not subject to tax in accordance with the relevant tax laws and regulations of the BVI. |
|------------------|--------------------------------------------------------------------------------------------------------|

| (iii)   | Prospect did not generate any assessable profits since its incorporation and therefore is not subject to HKSAR tax. |
|-------------------|---------------------------------------------------------------------------------------------------------------------|

----

|                                                                                 |   | Six months ended June 30, |   |
|--------------------------------------------------------------------------------------|--------|---------------------------|--------|
|                                                                                 |   | 2011                      |   |   | 2010 |   |
|                                                                                 |   |                      |   |   |   |   |
| Chen Xing Hua                                                                        |   |                      |   |   |   |   |
| Rental expenses payable for the Company’s office premises in Shenzhen, the PRC |   | $                         | 9,682  |   |   | $ | 23,158 |   |
|                                                                                 |   |                      |   |   |   |   |   |   |

|                            |   | June 30,2011 |      |   | December 31, 2010 |   |
|---------------------------------|--------|--------------|-----------|--------|------------------------|--------|
|                            |   |         |      |   |                   |   |
| Construction-in-progress:       |   |         |      |   |                   |   |
| Contracted but not provided for |   | $            | 1,880,443 |   |                   | $      | 1,856,164 |   |
|                            |   |         |      |   |                   |   |   |   |

----

|                                |   |               |    |   |      |   |     |       |   |   |    |   |
|-------------------------------------|--------|--------------------|---------|--------|-----------|--------|----------|------------|--------|--------|---------|--------|
|                                |   | Three months ended |    |   |      |   |     |       |   |
|                                |   | June 30            |    |   | Increase/ |   |     | %          |   |
|                                |   | 2011               |    |   | 2010      |   |     | (decrease) |   |   | change  |   |
|                                |   |               |    |   |      |   |     |       |   |   |    |   |
| Revenue                             |   | $                  | 406,918 |   |      | $      | 270,670  |       |   | $      | 136,248 |   |   |   | 50.3 |   |
| Cost of sales                       |   |               | 69,490  |   |      |   | 108,295  |       |   |   | (38,805 | )      |   |   | (35.8 | ) |
| Selling and distribution expenses   |   |               | 35,991  |   |      |   | 103,576  |       |   |   | (67,585 | )      |   |   | (65.3 | ) |
| General and administrative expenses |   |               | 332,382 |   |      |   | 162,903  |       |   |   | 169,479 |   |   |   | 104.0 |   |
| Loss before income taxes            |   |               | (43,135 | )      |      |   | (118,263 | )          |   |   | (75,128 | )      |   |   | (63.5 | ) |
| Provision for income taxes          |   |               | -       |   |      |   | -        |       |   |   | -       |   |   |   | N/A |   |
| Net loss                            |   | $                  | (43,135 | )      |      | $      | (118,263 | )          |   | $      | (75,128 | )      |   |   | (63.5 | ) |

|                         |   |                       |    |   |      |   |    |       |   |   |    |   |
|------------------------------|--------|----------------------------|---------|--------|-----------|--------|---------|------------|--------|--------|---------|--------|
|                         |   | Three months endedJune 30, |    |   | Increase/ |   |    | %          |   |
|                         |   | 2011                       |    |   | 2010      |   |    | (decrease) |   |   | change  |   |
|                         |   |                       |    |   |      |   |    |       |   |   |    |   |
| Sale of consumer products    |   | $                          | 189,134 |   |      | $      | 270,670 |       |   |   | (81,536 | )      |   |   | (30.1 | ) |
| Regional distribution rights |   |                       | 217,784 |   |      |   | -       |       |   |   | 217,784 |   |   |   | N/A |   |
|                         |   |                       | 406,918 |   |      | $      | 270,670 |       |   | $      | 136,248 |   |   |   | 50.3 |   |

| (a)   | Sale of consumer products |
|-----------------|---------------------------|

----

| (b)   | Regional distribution rights |
|-----------------|------------------------------|

| (i) | Initial fee income is generally recorded upon completion of admission procedures, when the rights to use the trademarks are granted to the users, and when collectability is reasonably assured.   |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (ii) | Continuing management fee income represent regular contractual payments received for the use of the “GEN+Me” trademarks plus our supporting services, which are recognized as revenue when earned, generally on a straight line basis. |
|------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|                                |   | Six months ended |      |   |      |   |     |       |   |
|-------------------------------------|--------|------------------|-----------|--------|-----------|--------|----------|------------|--------|
|                                |   | June 30,         |      |   | Increase/ |   |     | %          |   |
|                                |   | 2011             |      |   | 2010      |   |     | (decrease) |   |   | change |   |
|                                |   |             |      |   |      |   |     |       |   |   |   |   |
| Revenue                             |   | $                | 1,126,101 |   |      |   | 572,068  |       |   |   | 554,033 |   |   |   | 96.8 |   |
| Cost of sales                       |   |             | 313,388   |   |      |   | 203,540  |       |   |   | 109,848 |   |   |   | 54.0 |   |
| Selling and distribution expenses   |   |             | 218,238   |   |      |   | 176,532  |       |   |   | 41,706 |   |   |   | 23.6 |   |
| General and administrative expenses |   |             | 511,206   |   |      |   | 950,771  |       |   |   | (439,565 | ) |   |   | (46.2 | ) |
| Income/(loss) before income taxes   |   |             | 69,262    |   |      |   | (786,205 | )          |   |   | 855,467 |   |   |   | N/A |   |
| Provision for income taxes          |   |             | -         |   |      |   | -        |       |   |   | - |   |   |   | N/A |   |
| Net income/(loss)                   |   | $                | 69,262    |   |      |   | (786,205 | )          |   |   | 855,467 |   |   |   | N/A |   |

----

|                         |   |                      |      |   |      |   |    |       |   |   |    |   |
|------------------------------|--------|---------------------------|-----------|--------|-----------|--------|---------|------------|--------|--------|---------|--------|
|                         |   | Six months ended June 30, |      |   | Increase/ |   |    | %          |   |
|                         |   | 2011                      |      |   | 2010      |   |    | (decrease) |   |   | change  |   |
|                         |   |                      |      |   |      |   |    |       |   |   |    |   |
| Sale of consumer products    |   |                      | 908,317   |   |      |   | 572,068 |       |   |   | 336,249 |   |   |   | 58.8 |   |
| Regional distribution rights |   |                      | 217,784   |   |      |   | -       |       |   |   | 217,784 |   |   |   | N/A |   |
|                         |   |                      | 1,126,101 |   |      |   | 572,068 |       |   |   | 554,033 |   |   |   | 96.8 |   |
|                         |   |                      |      |   |      |   |    |       |   |   |    |   |   |   |   |   |

| (a)   | Sale of consumer products |
|-----------------|---------------------------|

| (b)   | Regional distribution rights |
|-----------------|------------------------------|

----

|                                                 |   | Six months ended |    |
|------------------------------------------------------|--------|------------------|---------|
|                                                 |   | June 30,         |    |
|                                                 |   | 2011             |    |   | 2010 |   |
|                                                 |   |             |    |   |   |   |
| Net cash (used in)/provided by operating activities  |   | $                | (88,299 | ) |   | $ | 286,243 |   |
| Net cash used in investing activities                |   |             | (26,685 | ) |   |   | (81,316 | ) |
| Net cash provided by/(used in) financing activities  |   |             | 184,836 |   |   |   | (217,522 | ) |
| Net increase/(decrease) in cash and cash equivalents |   | $                | 69,852  |   |   | $ | (12,595 | ) |

----

| (i) | Initial fee income is generally recorded upon completion of admission procedures, when the rights to use the trademarks are granted to the users, and when collectability is reasonably assured.   |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (ii) | Continuing management fee income represent regular contractual payments received for the use of the “GEN+Me” trademarks plus our supporting services, which are recognized as revenue when earned, generally on a straight line basis. |
|------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

----

| 1.     | Approximately 40% of the Company’s revenue and 70% of net accounts receivable are contributed by a major agent in the People’s Republic of China (the “PRC”).                                                                                                                                                                                                                              |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |                                                                                                                                                                                                                                                                                                                                                                                                               |
| 2.     | Approximately 100% of the Company's revenue is derived from the PRC. Changes in laws and regulations, or their interpretation, or the imposition of confiscatory taxation, restrictions on currency conversion, devaluations of currency or the nationalization or other expropriation of private enterprises could have a material adverse effect on our business, results of operations and financial condition. |
|   |                                                                                                                                                                                                                                                                                                                                                                                                               |
| 3.     | If the Company is unable to derive any revenues from China, it would have a significant, financially disruptive effect on normal operations of the Company.                                                                                                                                                                                                                                                        |

----

| PART II. | OTHER INFORMATION |
|----------|-------------------|

|    |              |
|---------|-------------------|
| ITEM 1. | LEGAL PROCEEDINGS |

|    |                                                        |
|---------|-------------------------------------------------------------|
| ITEM 2. | UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS |

|    |                           |
|---------|--------------------------------|
| ITEM 3. | DEFAULT UPON SENIOR SECURITIES |

|    |                   |
|---------|------------------------|
| ITEM 4. | [REMOVED AND RESERVED] |

|    |              |
|---------|-------------------|
| ITEM 5. | OTHER INFORMATION |

|          |        |                                                                                                                                                             |
|---------------|-------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| ExhibitNumber | Description |
| 31.1          |        | Certification of Chief Executive Officer filed pursuant to Section 302 of the Sarbanes-Oxley Act of 2002                                                         |
| 31.2          |        | Certification of Chief Financial Officer filed pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.                                                        |
| 32.1          |        | Certification of Chief Executive Officer furnished pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.     |
| 32.2          |        | Certification of Chief Financial Officer furnished pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 |

----

|                   |                       |
|------------------------|----------------------------|
|                   |                       |
|                   |                       |
|                   |                       |
|                   | CHINA GREEN CREATIVE, INC. |
|                   |                       |
|                   |                       |
| Dated: August 19, 2011 | /s/ Ye Xing Zhang          |
|                   | Ye Xing Zhang              |
|                   | Chief Executive Officer    |
|                   |                       |
|                   |                       |
|                   |                       |
| Dated: August 19, 2011 | /s/ Deng Lin               |
|                   | Deng Lin                   |
|                   | Chief Financial Officer    |

----