UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549  FORM 10-Q  [ X ] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2009  [] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934  For the transition period from ___________ to ______________  Commission File Number: 000-52489   CHINA VITUP HEALTH CARE HOLDINGS, INC. (Exact name of registrant as specified in its charter)  Nevada45-0552679(State or other jurisdiction of incorporation)(IRS Employer Identification Number)108-1 Nashan Road
Zhongshan District
Dalian, P.R.C.(Address of principal executive offices)86-411-8265-3668(Registrants telephone number, including area code)  Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.  [ X ] Yes   [ ] No  Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).     Not Applicable.  Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company.  See the definitions of large accelerated filer, accelerated filer and smaller reporting company in Rule 12b-2 of the Exchange Act.  Large accelerated filer [ ]Accelerated filer [ ]Non-accelerated filer [ ]  (Do not check if a smaller reporting company)Smaller reporting company [ X ]  Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).     [   ] Yes   [ X ] No  As of March 31, 2009 the Issuer had 15,000,000shares of common stock issued and outstanding.    PART I-FINANCIAL INFORMATION  ITEM 1. FINANCIAL STATEMENTS.   The financial statements of China Vitup Health Care Holdings, Inc. (the "Company" or the Registrant), a Nevada corporation, included herein were prepared, without audit, pursuant to rules and regulations of the Securities and Exchange Commission.  Because certain information and notes normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America were condensed or omitted pursuant to such rules and regulations, these financial statements should be read in conjunction with the financial statements and notes thereto included in the audited financial statements of the Company in the Companys annual report on Form 10-K for the fiscal year ended December 31, 2008, filed with the Securities and Exchange Commission (SEC) on  April 15, 2009.     CHINA VITUP HEALTH CARE HOLDINGS, INC. CONDENDSED CONSOLIDATED FINANCIAL STATEMENTS FOR THE THREE MONTHS ENDED MARCH 31, 2009 (Unaudited)   INDEX TO FINANCIAL STATEMENTS:PageCondensed Consolidated Balance Sheets as of  March 31, 2009 and December 31, 20083Condensed Consolidated Statement of Operations and Comprehensive Loss for the Three Months Ended March 31, 2009 and 20084Condensed Consolidated Statement of Cash Flows for the Three Months Ended March 31, 2009 and 20085Condensed Consolidated Statement of Stockholders Equity for the Three Months Ended March 31, 20096Notes to Condensed Consolidated Financial Statements7 - 20   2     CHINA VITUP HEALTH CARE HOLDINGS, INC. CONDENSED CONSOLIDATED BALANCE SHEETS AS OF MARCH 31, 2009 AND DECEMBER 31, 2008 (Currency expressed in United States Dollars (US$), except for number of shares)


|                                                                                                                                                                                 |                |           |                   |   |          
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | -------------- | --------- | ----------------- | - | ---------
|                                                                                                                                                                                 | March 31, 2009 |           | December 31, 2008
|                                                                                                                                                                                 | (Unaudited)    |           | (Audited)        
|ASSETS                                                                                                                                                                           |                |           |                   |   |          
|Cash and cash equivalents                                                                                                                                                        | $              | 106,827   |                   | $ | 395,156  
|Accounts receivable, trade                                                                                                                                                       |                | 47,245    |                   |   | 99,188   
|Amount due from directors                                                                                                                                                        |                | 484,985   |                   |   | 519,358  
|Inventories                                                                                                                                                                      |                | 430       |                   |   | 536      
|Prepayments, deposits and other receivables                                                                                                                                      |                | 466,625   |                   |   | 364,547  
|Total current assets                                                                                                                                                             |                | 1,106,112 |                   |   | 1,378,785
|                                                                                                                                                                                 |                |           |                   |   |          
|Non-current assets:                                                                                                                                                              |                |           |                   |   |          
|Plant and equipment, net                                                                                                                                                         |                | 1,146,733 |                   |   | 1,255,136
|                                                                                                                                                                                 |                |           |                   |   |          
|TOTAL ASSETS                                                                                                                                                                     | $              | 2,252,845 |                   | $ | 2,633,921
|                                                                                                                                                                                 |                |           |                   |   |          
|LIABILITIES AND STOCKHOLDERS EQUITY                                                                                                                                             |                |           |                   |   |          
|Accounts payable                                                                                                                                                                 | $              | 159,424   |                   | $ | 207,135  
|Deferred revenue                                                                                                                                                                 |                | 9,702     |                   |   | 20,558   
|Income tax payable                                                                                                                                                               |                | 5,278     |                   |   | 19,392   
|Accrued liabilities and other payables                                                                                                                                           |                | 59,187    |                   |   | 171,009  
|Total current liabilities                                                                                                                                                        |                | 233,591   |                   |   | 418,094  
|                                                                                                                                                                                 |                |           |                   |   |          
|Non-current liabilities:                                                                                                                                                         |                |           |                   |   |          
|Note payable, related party                                                                                                                                                      |                | 970,756   |                   |   | 970,756  
|                                                                                                                                                                                 |                |           |                   |   |          
|TOTAL LIABILITIES                                                                                                                                                                |                | 1,204,347 |                   |   | 1,388,850
|                                                                                                                                                                                 |                |           |                   |   |          
|Commitments and contingencies                                                                                                                                                    |                |           |                   |   |          
|                                                                                                                                                                                 |                |           |                   |   |          
|Stockholders equity:                                                                                                                                                            |                |           |                   |   |          
|Preferred stock, $0.001 par value, 10,000,000 shares authorized, no share issued and outstanding                                                                                 |                | -         |                   |   | -        
|Common stock, $0.0001 par value, 500,000,000 shares authorized, 15,000,000 and 15,000,000 shares issued and outstanding as of March 31, 2009 and December 31, 2008, respectively |                | 1,500     |                   |   | 1,500    
|Additional paid-in capital                                                                                                                                                       |                | 167,481   |                   |   | 167,481  
|Accumulated other comprehensive income                                                                                                                                           |                | 302,011   |                   |   | 299,220  
|Statutory reserve                                                                                                                                                                |                | 202,636   |                   |   | 202,636  
|Equity of VIE                                                                                                                                                                    |                | (97,012)  |                   |   | (97,012) 
|Retained earnings                                                                                                                                                                |                | 471,882   |                   |   | 671,246  
|                                                                                                                                                                                 |                |           |                   |   |          
|Total stockholders equity                                                                                                                                                       |                | 1,048,498 |                   |   | 1,245,071
|TOTAL LIABILITIES AND STOCKHOLDERS EQUITY                                                                                                                                       | $              | 2,252,845 |                   | $ | 2,633,921

See accompanying notes to condensed consolidated financial statements  3     CHINA VITUP HEALTH CARE HOLDINGS, INC. CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS AND COMPREHENSIVE LOSS FOR THE THREE MONTHS ENDED MARCH 31, 2009 AND 2008 (Currency expressed in United States Dollars (US$), except for number of shares) (Unaudited)  Three months ended March 31,20092008OPERATING REVENUES, NET$229,485$286,545COST OF REVENUE (inclusive of depreciation)223,000228,315GROSS PROFIT6,48558,230OPERATING EXPENSES:Depreciation55,30945,563Rental expense  related party12,66512,124General and administrative132,763109,529Total operating expenses200,737167,216LOSS FROM OPERATIONS(194,252)(108,986)OTHER INCOME:Interest income166440LOSS BEFORE INCOME TAXES(194,086)(108,546)Income tax expense(5,278)(6,903)NET LOSS$(199,364)$(115,449)Other comprehensive income:- Foreign currency translation gain2,79191,662COMPREHENSIVE LOSS$(196,573)$(23,787)Net loss per share  basic and diluted$(0.01)$(0.01)Weighted average shares outstanding during the period  basic and diluted15,000,00015,000,000      See accompanying notes to condensed consolidated financial statements.  4     CHINA VITUP HEALTH CARE HOLDINGS, INC. CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS FOR THE THREE MONTHS ENDED MARCH 31, 2009 AND 2008 (Currency expressed in United States Dollars (US$)) (Unaudited)  Three months ended March 31,20092008Cash flows from operating activities:Net loss$(199,364)$(115,449)Adjustments to reconcile net loss to net cash used in operating activities:Depreciation132,687109,104Loss on disposal of plant and equipment7,345-Changes in operating assets and liabilities:Accounts receivable, trade52,060126,399Inventories1062,836Prepayments, deposits and other receivables34,067(214,265)Accounts payable(47,964)53,682Deferred revenue(10,880)(35)Income tax payable(14,136)(39,307)Accrued liabilities and other payables(112,021)17,587Net cash used in operating activities(158,100)(59,448)Cash flows from investing activities:Prepayments to vendors for medical equipment(135,672)-Purchase of plant and equipment(30,066)(81,214)Net cash used in investing activities(165,738)(81,214)Cash flows from financing activities:Advances from (to) directors35,057(365,321)Net cash provided by (used in) financing activities35,057(365,321)Effect of exchange rate charge on cash and cash equivalents45227,126NET CHANGE IN CASH AND CASH EQUIVALENTS(288,329)(478,857)CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD395,156651,598CASH AND CASH EQUIVALENTS, END OF PERIOD$106,827$172,741SUPPLEMENTAL DISLCOSURE OF CASH FLOW INFORMATIONCash paid for income taxes$-$-Cash paid for interest$-$- See accompanying notes to condensed consolidated financial statements.  5





CHINA VITUP HEALTH CARE HOLDINGS, INC. CONDENSED CONSOLIDATED STATEMENT OF STOCKHOLDERS EQUITY FOR THE THREE MONTHS ENDED MARCH 31, 2009 (Currency expressed in United States Dollars (US$), except for number of shares) (Unaudited)


|                                        |  |                 |              |              |        |                            |            |                                        |   |                   |  |               |         |                   |   |                            |  |   |         |  |   |          |  |   |           |  |   |          
|--------------------------------------- |  | --------------- | ------------ | ------------ | ------ | -------------------------- | ---------- | -------------------------------------- | - | ----------------- |  | ------------- | ------- | ----------------- | - | -------------------------- |  | - | ------- |  | - | -------- |  | - | --------- |  | - | ---------
|                                        |  | Preferred stock |              | Common stock |        | Additional
paid-in
capital |            | Accumulated
other
comprehensive
income |   | Statutory
reserve |  | Equity
of VIE |         | Retained
earnings |   | Total
stockholders
equity
|No. of share                            |  | Amount          | No. of share |              | Amount
|As of January 1, 2009                   |  | -               |              | $            | -      |                            | 15,000,000 |                                        | $ | 1,500             |  | $             | 167,481 |                   | $ | 299,220                    |  | $ | 202,636 |  | $ | (97,012) |  | $ | 671,246   |  | $ | 1,245,071
|                                        |  |                 |              |              |        |                            |            |                                        |   |                   |  |               |         |                   |   |                            |  |   |         |  |   |          |  |   |           |  |   |          
|Foreign currency translation adjustment |  | -               |              |              | -      |                            | -          |                                        |   | -                 |  |               | -       |                   |   | 2,791                      |  |   | -       |  |   | -        |  |   | -         |  |   | 2,791    
|                                        |  |                 |              |              |        |                            |            |                                        |   |                   |  |               |         |                   |   |                            |  |   |         |  |   |          |  |   |           |  |   |          
|Net loss for the period                 |  | -               |              |              | -      |                            | -          |                                        |   | -                 |  |               | -       |                   |   | -                          |  |   | -       |  |   | -        |  |   | (199,364) |  |   | (199,364)
|As of March 31, 2009                    |  | -               |              | $            | -      |                            | 15,000,000 |                                        | $ | 1,500             |  | $             | 167,481 |                   | $ | 302,011                    |  | $ | 202,636 |  | $ | (97,012) |  | $ | 471,882   |  | $ | 1,048,498

See accompanying notes to condensed consolidated financial statements.


6


CHINA VITUP HEALTH CARE HOLDINGS, INC. NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS FOR THE THREE MONTHS ENDED MARCH 31, 2009 (Currency expressed in United States Dollars (US$)) (Unaudited)   NOTE-1 BASIS OF PRESENTATION  The accompanying unaudited condensed consolidated financial statements have been prepared by management in accordance with both accounting principles generally accepted in the United States (GAAP), and the instructions to Form 10-Q and Rule 10-01 of Regulation S-X. Certain information and note disclosures normally included in audited financial statements prepared in accordance with generally accepted accounting principles have been condensed or omitted pursuant to those rules and regulations, although the Company believes that the disclosures made are adequate to make the information not misleading.  In the opinion of management, the consolidated balance sheet as of December 31, 2008 which has been derived from audited financial statements and these unaudited condensed consolidated financial statements reflect all normal and recurring adjustments considered necessary to state fairly the results for the periods presented. The results for the period ended March 31, 2009 are not necessarily indicative of the results to be expected for the entire fiscal year ending December 31, 2009 or for any future period.  These unaudited condensed consolidated financial statements and notes thereto should be read in conjunction with the Managements Discussion and the audited financial statements and notes thereto included in the Annual Report on Form 10-K for the year ended December 31, 2008.   NOTE-2 ORGANIZATION AND BUSINESS BACKGROUND  China Vitup Health Care Holdings, Inc. (“CVPH” or the “Company”) was incorporated under the laws of Canada on February 24, 2003. The Company was originally organized as Second Bavarian Mining Consulting Services, Inc. On August 10, 2004, the Company changed its domicile to the State of Wyoming, United States of America and changed its name to Tubac Holdings, Inc. On October 2, 2006, the Company further changed its domicile to the State of Nevada and changed its current name to China Vitup Health Care Holdings, Inc.  CVPH, through its subsidiaries and variable interest entities (VIEs), is engaged in the provision of health management service and Chinese medical service in the Peoples Republic of China (the PRC).  CVPH and its subsidiaries and VIEs are hereinafter collectively referred to as (the “Company”).   NOTE-3 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES  l Basis of presentation  These accompanying condensed consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America.  l Use of estimates   7   CHINA VITUP HEALTH CARE HOLDINGS, INC. NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS FOR THE THREE MONTHS ENDED MARCH 31, 2009 (Currency expressed in United States Dollars (US$)) (Unaudited)   In preparing these consolidated financial statements, management makes estimates and assumptions that affect the reported amounts of assets and liabilities in the balance sheets and revenues and expenses during the period reported. Actual results may differ from these estimates.  l Principles of consolidation  The accompanying consolidated financial statements include the accounts of the Company, China Vitup BVI, including its wholly-owned subsidiary, Dalian Vitup Management and its variable interest entities, Dalian Vitup Healthcare and Dalian Vitup Clinic. All significant inter-company balances and transactions have been eliminated in consolidation.  The Company has adopted FASB Interpretation No. 46R Consolidation of Variable Interest Entities (FIN 46R), an Interpretation of Accounting Research Bulletin No. 51. FIN 46R requires a Variable Interest Entity (VIE) to be consolidated by a company if that company is subject to a majority of the risk of loss for the VIE or is entitled to receive a majority of the VIEs residual returns. VIEs are those entities in which the Company, through contractual arrangements, bears the risks of, and enjoys the rewards normally associated with ownership of the entities, and therefore the company is the primary beneficiary of these entities. Acquisitions of subsidiaries or variable interest entities are accounted for using the purchase method of accounting. The results of subsidiaries or variable interest entities acquired during the year are included in the consolidated income statements from the effective date of acquisition.  l Cash and cash equivalents  Cash and cash equivalents are carried at cost and represent cash on hand, demand deposits placed with banks or other financial institutions and all highly liquid investments with an original maturity of three months or less as of the purchase date of such investments.  l Accounts receivable   Accounts receivable are recorded at the invoiced amount and do not bear interest. The Company extends unsecured credit to its customers in the ordinary course of business but mitigates the associated risks by performing credit checks and actively pursuing past due accounts. An allowance for doubtful accounts is established and determined based on managements assessment of known requirements, aging of receivables, payment history, the customers current credit worthiness and the economic environment. For the three months ended March 31, 2009 and 2008, the Company did not record an allowance for doubtful accounts, nor have there been any write-offs since inception.  l Inventories  Inventories are stated at the lower of cost or market value. Cost is determined using the first-in, first-out (FIFO) method for all inventories. Inventories mainly consist of the Chinese herb medicine purchased from third parties.  l Plant and equipment, net   8   CHINA VITUP HEALTH CARE HOLDINGS, INC. NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS FOR THE THREE MONTHS ENDED MARCH 31, 2009 (Currency expressed in United States Dollars (US$)) (Unaudited)   Plant and equipment are stated at cost less accumulated depreciation and accumulated impairment losses, if any. Depreciation is calculated on the straight-line basis over the following expected useful lives from the date on which they become fully operational and after taking into account their estimated residual values:  Depreciable lifeResidual valueLeasehold improvements5 years0%Medical equipments5 years5%Motor vehicles10 years5%Furniture, fixtures and equipments5 years5%  Expenditure for repairs and maintenance is expensed as incurred. When assets have retired or sold, the cost and related accumulated depreciation are removed from the accounts and any resulting gain or loss is recognized in the results of operations.  l Impairment of long-lived assets  In accordance with the Statement of Financial Accounting Standard ("SFAS") No. 144Accounting for the Impairment or Disposal of Long-Lived Assets,the Company reviews its long-lived assets, including property, plant and equipment, for impairment whenever events or changes in circumstances indicate that the carrying amounts of the assets may not be fully recoverable. If the total of the expected undiscounted future net cash flows is less than the carrying amount of the asset, a loss is recognized for the difference between the fair value and carrying amount of the asset. There has been no impairment as of March 31, 2009.  l Revenue recognition  The Company recognizes its revenues, as the related services are rendered to the customer and are net of allowances and discounts, its related business taxes and value added taxes. In accordance with the SECs Staff Accounting Bulletin No. 104, Revenue Recognition, the Company recognizes revenue when persuasive evidence of an arrangement exists, transfer of title has occurred or services have been rendered, the selling price is fixed or determinable and collectibility is reasonably assured.  Healthcare consultation and medical consultation services are generally offered to the various groups of customers, including individual, corporations, government agencies and members. Members are enlisted in the healthcare and medical consultation service for a certain period of time by paying a non-refundable fee to the Company in advance under several membership packages. The Company immediately records these advanced payments received from the members as deferred revenue and recognizes such revenue during the contractual service period when services are performed and rendered to the members.  Revenues from healthcare consultation and medical consultation services are recognized in the period that services are rendered, net of business tax. Revenue received in advance for future service is recorded as deferred revenue. Revenues from the sales of Chinese herbal medicine are recognized upon delivery of the related products. The Company records revenue, net of business tax, which is levied at 5% on the invoiced value of services. The business tax charged for the three months ended March 31, 2009 and 2008 was $14,779 and $17,067 respectively.   9   CHINA VITUP HEALTH CARE HOLDINGS, INC. NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS FOR THE THREE MONTHS ENDED MARCH 31, 2009 (Currency expressed in United States Dollars (US$)) (Unaudited)   For membership package sales that are considered multiple element transactions, the entire fee from the arrangement is bundled with an annual health check-up and free access to the Companys health club for a prescribed time of period. The Company recognizes revenue in accordance with the provisions of the Emerging Issues Task Force (EITF) 00-21, Revenue Agreements with Multiple Deliverables (EITF 00-21). As a multiple element arrangement, total fees are allocated to each element based on vendor-specific objective evidence of fair value for each element or using the residual method, when applicable. Vendor specific fair value (VSOE) is established based on the sales price charged when the same element is sold separately. Vendor specific fair value of the undelivered elements exists but VSOE of fair value does not exist for one or more delivered elements, revenue is recognized using the residual method. Under the residual method, the fair value of the undelivered elements is deferred and the remaining portion of the arrangement fee is recognized as revenue, assuming collection is probable. Revenue from an annual health check-up is recognized when services are rendered. Revenue allocated to free access to the Companys health club is recognized ratably over the contractual term, typically one year.  Under all circumstances, the Company records revenues net of any estimated contractual allowances for potential adjustments resulting from a failure to meet performance or staffing related criteria. If necessary, the Company revises its estimates for such adjustments in future periods when the actual amount of the adjustment is determined. For the three months ended March 31, 2009 and 2008, the Company has determined no reserve for these potential adjustments.  l Cost of revenues  Cost of revenue primarily includes purchase of raw materials, sub-contracting charges, depreciation on medical equipments, and direct overhead.  l Deferred revenue  Deferred revenue consists primarily of payments received in advance from customers.  l Income tax  The Company accounts for income tax using SFAS No. 109Accounting for Income Taxes, which requires the asset and liability approach for financial accounting and reporting for income taxes. Under this approach, deferred income taxes are provided for the estimated future tax effects attributable to temporary differences between financial statement carrying amounts of assets and liabilities and their respective tax bases, and for the expected future tax benefits from loss carry-forwards and provisions, if any. Deferred tax assets and liabilities are measured using the enacted tax rates expected in the years of recovery or reversal and the effect from a change in tax rates is recognized in the statement of operations and comprehensive income in the period of enactment. A valuation allowance is provided to reduce the amount of deferred tax assets if it is considered more likely than not that some portion of, or all of the deferred tax assets will not be realized.  The Company also adopted Financial Accounting Standards Board Interpretation No. 48, Accounting for Uncertainty in Income Taxes (FIN 48). FIN 48 prescribes a more likely than not threshold for financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. This Interpretation also provides guidance on derecognition of income tax assets and liabilities, classification of current and deferred income tax assets and liabilities, accounting for interest and penalties associated with  10   CHINA VITUP HEALTH CARE HOLDINGS, INC. NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS FOR THE THREE MONTHS ENDED MARCH 31, 2009 (Currency expressed in United States Dollars (US$)) (Unaudited)   tax positions, accounting for income taxes in interim periods, and income tax disclosures. In accordance with FIN 48, the Company adopted the policy of recognizing interest and penalties, if any, related to unrecognized tax positions as income tax expense. For the three months ended March 31, 2009 and 2008, the Company did not have any interest and penalties associated with tax positions. As of March 31, 2009, the Company did not have any significant unrecognized uncertain tax positions.  The Company conducts its major businesses in the PRC and is subject to tax in this jurisdiction. As a result of its business activities, the Company files tax returns that are subject to examination by the local and foreign tax authorities.  l Comprehensive income SFAS No. 130, Reporting Comprehensive Income, establishes standards for reporting and display of comprehensive income, its components and accumulated balances. Comprehensive income as defined includes all changes in equity during a period from non-owner sources. Accumulated comprehensive income, as presented in the accompanying condensed consolidated statement of changes in stockholders equity consists of changes in unrealized gains and losses on foreign currency translation. This comprehensive income is not included in the computation of income tax expense or benefit.  l Net loss per share  The Company calculates net loss per share in accordance with SFAS No.128, Earnings per Share. Basic net loss per share is computed by dividing the net loss by the weighted-average number of common shares outstanding. Diluted net loss per share is computed similar to basic net loss per share except that the denominator is increased to include the number of additional common shares that would have been outstanding if the potential common stock equivalents had been issued and if the additional common shares were dilutive. The Company did not have any potentially dilutive common share equivalents as of March 31, 2009.  l Foreign currencies translation  Transactions denominated in currencies other than the functional currency are translated into the functional currency at the exchange rates prevailing at the dates of the transaction. Monetary assets and liabilities denominated in currencies other than the functional currency are translated into the functional currency using the applicable exchange rates at the balance sheet dates. The resulting exchange differences are recorded in the consolidated statement of operations.  The reporting currency of the Company is the United States dollar ("US$") and the accompanying condensed consolidated financial statements have been expressed in US$. The Company's major subsidiaries in the PRC maintained their books and records in its local currency, Renminbi Yuan ("RMB"), which is functional currency as being the primary currency of the economic environment in which these entities operate.  In general, for consolidation purposes, assets and liabilities of its subsidiaries whose functional currency is not the US$ are translated into US$, in accordance with SFAS No. 52, Foreign Currency Translation, using the exchange rate on the balance sheet date. Revenues and expenses are translated at average rates prevailing during the period. The gains and losses resulting from translation of financial statements of  11   CHINA VITUP HEALTH CARE HOLDINGS, INC. NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS FOR THE THREE MONTHS ENDED MARCH 31, 2009 (Currency expressed in United States Dollars (US$)) (Unaudited)   foreign subsidiaries are recorded as a separate component of accumulated other comprehensive income within the statements of stockholders equity.  Translation of amounts from RMB into US$ has been made at the following exchange rates for the respective period: Three months ended March 31,20092008Periodend rates RMB:US$1 exchange rate6.84567.0222Average rates RMB:US$1 exchange rate6.84667.1757  l Related parties  Parties, which can be a corporation or individual, are considered to be related if the Company has the ability, directly or indirectly, to control the other party or exercise significant influence over the other party in making financial and operating decisions. Companies are also considered to be related if they are subject to common control or common significant influence.  l Segment reporting  SFAS No. 131 Disclosures about Segments of an Enterprise and Related Informationestablishes standards for reporting information about operating segments on a basis consistent with the Companys internal organization structure as well as information about geographical areas, business segments and major customers in financial statements. The Company operates in two reportable operating segments: Health Management Service and Chinese Medical Service.  l Fair value of financial instruments  The Company values its financial instruments as required by SFAS No. 107, Disclosures about Fair Value of Financial Instruments. The estimated fair value amounts have been determined by the Company, using available market information and appropriate valuation methodologies. The estimates presented herein are not necessarily indicative of amounts that the Company could realize in a current market exchange.  The Companys financial instruments primarily include cash and cash equivalents, accounts receivable, prepayments, deposits and other receivables, amount due from directors, accounts payable, deferred revenue, income tax payable, accrued liabilities and other payables and note payable.  As of the balance sheet date, the estimated fair values of financial instruments were not materially different from their carrying values as presented due to short maturities of these instruments.  l Recent accounting pronouncements  The Company has reviewed all recently issued, but not yet effective, accounting pronouncements and do not believe the future adoption of any such pronouncements may be expected to cause a material impact on its financial condition or the results of its operations.   12   CHINA VITUP HEALTH CARE HOLDINGS, INC. NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS FOR THE THREE MONTHS ENDED MARCH 31, 2009 (Currency expressed in United States Dollars (US$)) (Unaudited)   In December 2007, the FASB issued a revision to SFAS No. 141, Business Combinations (SFAS No. 141(R)). SFAS No. 141(R) revises the accounting for business combinations. Under SFAS No. 141(R), an acquiring entity will be required to recognize the assets acquired and liabilities assumed in a transaction at the acquisition-date fair value with limited exceptions. Specifically, SFAS No. 141(R) will change the accounting for acquisition costs, noncontrolling interests, acquired contingent liabilities, restructuring costs associated with a combination and certain tax-related items, as well as require additional disclosures. SFAS No. 141(R) applies prospectively to business combinations for which the acquisition date is on or after the beginning of the first annual reporting period beginning on or after December 15, 2008. The Company is required to apply SFAS No. 141(R) to any acquisitions in 2009 or thereafter.  In December 2007, the FASB issued SFAS No. 160, Noncontrolling Interests in Consolidated Financial Statementsan amendment of ARB No. 51 (SFAS No. 160). SFAS No. 160 establishes accounting and reporting standards for noncontrolling interests in subsidiaries. This statement requires the reporting of all noncontrolling interests as a separate component of stockholders equity, the reporting of consolidated net income (loss) as the amount attributable to both the parent and the noncontrolling interests and the separate disclosure of net income (loss) attributable to the parent and to the noncontrolling interests. In addition, this statement provides accounting and reporting guidance related to changes in noncontrolling ownership interests. Other than the reporting requirements described above which require retrospective application, the provisions of SFAS No. 160 are to be applied prospectively in the first annual reporting period beginning on or after December 15, 2008. The Companys adoption of SFAS No. 160 on January 1, 2009 did not have an impact on its consolidated results of operations or financial position.  In December 2008, the FASB issued Staff Position (FSP) No. 140-4 and FIN 46(R)-8, Disclosures by Public Entities about Transfers of Financial Assets and Interests in Variable Interest Entities. The purpose of this FSP is to promptly increase disclosures by public entities and enterprises until the pending amendments to SFAS No. 140, Accounting for Transfers and Servicing of Financial Assets and Extinguishments of Liabilities, (SFAS No. 140) and FASB Interpretation No. 46 (revised December 2003), Consolidation of Variable Interest Entities, (FIN 46(R)) are finalized and approved by the FASB. The FSP is effective for reporting periods (interim and annual) ending after December 15, 2008. This adoption did not have any impact on the consolidated financial statements.  On January 12, 2009, the FASB issued FSP EITF 99-20-01, Amendment to the Impairment Guidance of EITF Issue No. 99-20. This FSP amends the impairment guidance in EITF Issue No. 99-20, Recognition of Interest Income and Impairment on Purchased Beneficial Interests and Beneficial Interests That Continue to be Held by a Transferor in Securitized Financial Assets, to achieve more consistent determination of whether an other-than-temporary impairment has occurred. The FSP also retains and emphasizes the objective of an other-than-temporary impairment assessment and the related disclosure requirements in SFAS No. 115, Accounting for Certain Investments in Debt and Equity Securities, and other related guidance. The FSP is shall be effective for interim and annual reporting periods ending after December 15, 2008, and shall be applied prospectively. Retrospective application to a prior interim or annual reporting period is not permitted. The Company does not believe this pronouncement will impact its financial statements.     NOTE-4 AMOUNT DUE FROM DIRECTORS   13   CHINA VITUP HEALTH CARE HOLDINGS, INC. NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS FOR THE THREE MONTHS ENDED MARCH 31, 2009 (Currency expressed in United States Dollars (US$)) (Unaudited)   As of March 31, 2009 and December 31, 2008, the amounts of $484,985 and $519,358 represented temporary advances to directors, Mr. Shubin Wang and Ms. Fu Feng, which were unsecured, interest free and repayable on demand. Subsequently, the outstanding amount was fully recovered in May 2009.   NOTE-5 PREPAYMENTS, DEPOSITS AND OTHER RECEIVABLES  Prepayments, deposits and other receivables consisted of the followings:  March 31, 2009December 31, 2008(Unaudited)(Audited)Prepayments to equipment vendors$378,518$275,638Deposits50,25250,188Advances to employees33,11433,073Other receivables4,7415,648$466,625$364,547  Prepayments to equipment vendors are expected to take the delivery of medical equipment within the next 12 months.   NOTE-6 PLANT AND EQUIPMENT, NET  Plant and equipment, net, consist of the following: March 31, 2009December 31, 2008(Unaudited)(Audited)Leasehold improvements$419,895$419,895Medical equipments1,396,4671,380,544Motor vehicles273,686273,686Furniture, fixtures and equipment424,740422,425Foreign translation difference251,258247,8102,766,0462,744,360Less: accumulated depreciation(1,495,920)(1,367,718)Less: foreign translation difference(123,393)(121,506)Net book value$1,146,733$1,255,136  Depreciation expense for the three months ended March 31, 2009 and 2008 was $132,687 and $109,104, which included $77,378 and $63,541 in cost of revenue, respectively. All the plant and equipment were attributed from the VIEs and Dalian Vitup Management and measured at historical basis.  NOTE-7 ACCRUED LIABILITIES AND OTHER PAYABLES  14   CHINA VITUP HEALTH CARE HOLDINGS, INC. NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS FOR THE THREE MONTHS ENDED MARCH 31, 2009 (Currency expressed in United States Dollars (US$)) (Unaudited)    Accrued liabilities and other payables consisted of the followings:  March 31, 2009December 31, 2008(Unaudited)(Audited)Accrued expenses$49,882$76,741Salaries payable-69,997Other tax payables9,30524,271$59,187$171,009   NOTE-8 INCOME TAXES  For the period ended March 31, 2009 and 2008, the local (“the United States) and foreign components of loss before income taxes were comprised of the following:  Three months ended March 31,20092008Tax jurisdictions:- Local$-$-- Foreign(194,086)(108,546)Loss before income taxes$(194,086)$(108,546)  The provision for income taxes consisted of the following:  Three months ended March 31,20092008Current:- Local$-$-- Foreign5,2786,903Deferred:- Local--- Foreign--Provision for income taxes$5,278$6,903  The effective tax rate in the periods presented is the result of the mix of income earned in various tax jurisdictions that apply a broad range of income tax rates. The Company has subsidiaries and VIEs that operate in various countries: U.S., British Virgin Island and the PRC that are subject to tax in the jurisdictions in which they operate, as follows:   15   CHINA VITUP HEALTH CARE HOLDINGS, INC. NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS FOR THE THREE MONTHS ENDED MARCH 31, 2009 (Currency expressed in United States Dollars (US$)) (Unaudited)   United States of America  CVPH is subject to taxes in the United States of America and has generated an operating loss for the three months ended March 31, 2009 and 2008.  British Virgin Island  Under the current BVI law, China Vitup BVI is not subject to tax on income.  The PRC  All the Companys PRC subsidiaries are subject to the Corporate Income Tax governed by the Income Tax Law of the PRC. On March 16, 2007, the National Peoples Congress approved the Corporate Income Tax Law of the Peoples Republic of China (the New CIT Law). The new CIT Law, among other things, imposes a unified income tax rate of 25% for both domestic and foreign invested enterprises with effect from January 1, 2008.  Under the New CIT Law, Dalian Vitup Management is entitled to the tax rate reduction from 33% to 25% that may impact the carrying value of deferred tax assets as a result of new tax rate. However, Dalian Vitup Management is considered a foreign investment enterprise and is subject to tax holidays from a full exemption of income tax for the first two profit making years with a 50% exemption of income tax (that is 30%) for the next three years. Its ultimate applicable effective tax rate in 2008 and beyond will depend on many factors, including but not limited to whether certain of its legal entity will be subject to a transitional policy under the Corporate Income Tax Law, whether Dalian Vitup Management can continue to enjoy the unexpired tax holidays.  Dalian Vitup Healthcare is domestic company and is subject to the tax rate reduction from 33% to 25%.  Dalian Vitup Clinic is subject to applicable tax rate ranged from 5% to 35% as a sole-proprietorship.  Dalian Vitup Management and Dalian Vitup Clinic are exempted from the PRC Corporate Income Tax due to cumulative operating loss for the nine months ended September 30, 2008 and 2007.  Dalian Vitup Healthcare was granted a tax exemption under the tax law of the Law of the Administration of Tax Collection, Income Tax Law for Enterprises with Foreign Investment and Foreign Enterprises and Implementation of the Provisional Regulation of the PRC on Corporate Income Tax whereas CIT is calculated at a statutory rate of 25% based on 10% of net revenue generated from the provision of health management services. Dalian Vitup Healthcare generated its net revenue from its operation and has recorded income tax expense of $5,278 and $6,903 for the three months ended March 31, 2009 and 2008.  The reconciliation of income tax rate to the effective income tax rate for the three months ended March 31, 2009 and 2008is as follows: Three months ended March 31,20092008  16   CHINA VITUP HEALTH CARE HOLDINGS, INC. NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS FOR THE THREE MONTHS ENDED MARCH 31, 2009 (Currency expressed in United States Dollars (US$)) (Unaudited)    Loss before income taxes from PRC operation$(194,086)$(108,546)Statutory income tax rate25%25%Income tax impact at the statutory rate(48,521)(27,136)Net operating loss carryforwards12,0989,491Effect from tax holiday45,81627,673Non-taxable items(4,115)(3,125)Income tax expense$5,278$6,903  The following table sets forth the significant components of the aggregate net deferred tax assets of the Company as of March 31, 2009 and December 31, 2008:  March 31, 2009December 31, 2008(Unaudited)(Audited)Deferred tax assets:Net operating losses carryforward$142,810$130,568Less: valuation allowance(142,810)(130,568)Deferred tax assets$-$-  As of December 31, 2009 and 2008, a valuation allowance of $142,810 and $130,568 was provided to the deferred tax assets due to the uncertainty surrounding their realization. For the three months ended March 31, 2009, the valuation allowance increased by $12,242, primarily relating to net operating loss carryforwards from the foreign tax regime.   NOTE-9 SEGMENT INFORMATION  The Company’s business units have been aggregated into two reportable segments: Health Management Service and Chinese Medical Service. The Company, through subsidiaries and VIEs, operates these segments in the PRC. Other than cash and cash equivalents of approximately $1,517 maintained in Hong Kong as of March 31, 2009, all the identifiable assets of the Company are located in the PRC during the period presented.  The accounting policies of the segments are the same as those described in the summary of significant accounting policies (see Note 3). The Company had no inter-segment sales for the three months ended March 31, 2009 and 2008. The Companys reportable segments are strategic business units that offer different products and services. They are managed separately because each business requires different technology and marketing strategies.  Summarized financial information concerning the Companys reportable segments is shown in the following table for the three months ended March 31, 2009 and 2008:  Three months ended March 31, 2009  17   CHINA VITUP HEALTH CARE HOLDINGS, INC. NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS FOR THE THREE MONTHS ENDED MARCH 31, 2009 (Currency expressed in United States Dollars (US$)) (Unaudited)    Health
management
serviceChinese
medical
serviceCorporateTotalRevenue, net- Product sale$-$12,983$-$12,983- Service revenue208,4428,060-216,502Total operating revenue, net208,44221,043-229,485Cost of revenue(181,676)(6,906)(34,418)(223,000)Gross profit (loss)26,76614,137(34,418)6,485Depreciation51,539553,71555,309Net loss(116,338)(3,299)(79,727)(199,364)Expenditure for long-lived assets$28,335$1,731$-$30,066  Three months ended March 31, 2008Health
management
serviceChinese
medical
serviceCorporateTotalRevenue, net- Product sale$57,915$24,176$-$82,091- Service revenue202,9151,539-204,454Total operating revenue, net260,83025,715-286,545Cost of revenue(176,066)(19,059)(33,190)(228,315)Gross profit (loss)84,7646,656(33,190)58,230Depreciation43,646-1,91745,563Net loss(77,484)(531)(37,434)(115,449)Expenditure for long-lived assets$78,964$-$2,250$81,214   NOTE-10 CONCENTRATIONS OF RISK  The Company is exposed to the following concentrations of risk:  (a) Major customers and vendors  For the three months ended March 31, 2009 and 2008, 100% of the Company’s assets were located in the PRC and 100% of the Company’s revenues were derived from customers located in the PRC and there are no customers and vendors who account for 10% or more of revenues and purchases.  (b) Credit risk  Financial instruments that potentially subject the Company to significant concentrations of credit risk consist  18   CHINA VITUP HEALTH CARE HOLDINGS, INC. NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS FOR THE THREE MONTHS ENDED MARCH 31, 2009 (Currency expressed in United States Dollars (US$)) (Unaudited)   principally of trade accounts receivable. The Company performs ongoing credit evaluations of its customers' financial condition, but does not require collateral to support such receivables.  (c) Exchange rate risk  The reporting currency of the Company is US$, to date the majority of the revenues and costs are denominated in RMB and a significant portion of the assets and liabilities are denominated in RMB. As a result, the Company is exposed to foreign exchange risk as its revenues and results of operations may be affected by fluctuations in the exchange rate between US$ and RMB. If RMB depreciates against US$, the value of RMB revenues and assets as expressed in US$ financial statements will decline. The Company does not hold any derivative or other financial instruments that expose to substantial market risk.  (d) Economic and political risks  Substantially all of the Companys products are processed in the PRC. The Companys operations are subject to various political, economic, and other risks and uncertainties inherent in the PRC and not typically associated with companies in North America and Western Europe. Among other risks, the Companys operations are subject to the risks of restrictions on transfer of funds; export duties, quotas, and embargoes; domestic and international customs and tariffs; changing taxation policies; foreign exchange restrictions; and political conditions and governmental regulations in the PRC.   NOTE-11 COMMITMENTS AND CONTINGENCIES  (a) Operating leases  The Company leases healthcare centers in Dalian City, the PRC under non-cancelable operating leases from a related party. Costs incurred for the healthcare center and office premise in Dalian City, the PRC under operating leases are recorded as rent expense of $12,665 and $12,124 for the three months ended March 31, 2009 and 2008.  As of March 31, 2009, future minimum rent payments due under a non-cancelable operating lease are as follows:  Period ending March 31:2010$38,714201151,618201251,618201351,618Thereafter316,195Total:$509,763  (b) Long-term purchase commitment   19   CHINA VITUP HEALTH CARE HOLDINGS, INC. NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS FOR THE THREE MONTHS ENDED MARCH 31, 2009 (Currency expressed in United States Dollars (US$)) (Unaudited)   In December 2006, the Company entered into a contract with a medical equipment supplier whereby the Company was obliged to purchase a minimum of approximately $64,250 of biochemical reagent in a term of 4 years from 2008 through 2011. For the period ended March 31, 2009 and 2008, the Company incurred $1,089 and $0, respectively.   NOTE-12 COMPARATIVE FIGURES  Certain amounts in the prior periods presented have been reclassified to conform to the current period financial statement presentation.  20     ITEM 2. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS.  SPECIAL NOTE OF CAUTION REGARDING FORWARD-LOOKING STATEMENTS  CERTAIN STATEMENTS IN THIS REPORT, INCLUDING STATEMENTS IN THE FOLLOWING DISCUSSION, WHICH ARE NOT STATEMENTS OF HISTORICAL FACT, ARE WHAT ARE KNOWN AS FORWARD-LOOKING STATEMENTS, WHICH ARE BASICALLY STATEMENTS ABOUT THE FUTURE.  FOR THAT REASON, THESE STATEMENTS INVOLVE RISK AND UNCERTAINTY SINCE NO ONE CAN ACCURATELY PREDICT THE FUTURE.  WORDS SUCH AS PLANS, INTENDS,  HOPES, SEEKS, ANTICIPATES, EXPECTS, AND THE LIKE, OFTEN IDENTIFY SUCH FORWARD-LOOKING STATEMENTS, BUT ARE NOT THE ONLY INDICATION THAT A STATEMENT IS A FORWARD-LOOKING STATEMENT.  SUCH FORWARD-LOOKING STATEMENTS INCLUDE STATEMENTS CONCERNING OUR PLANS AND OBJECTIVES WITH RESPECT TO THE PRESENT AND FUTURE OPERATIONS OF THE COMPANY, AND STATEMENTS WHICH EXPRESS OR IMPLY THAT SUCH PRESENT AND FUTURE OPERATIONS WILL OR MAY PRODUCE REVENUES, INCOME OR PROFITS.  NUMEROUS FACTORS AND FUTURE EVENTS COULD CAUSE THE COMPANY TO CHANGE SUCH PLANS AND OBJECTIVES, OR FAIL TO SUCCESSFULLY IMPLEMENT SUCH PLANS OR ACHIEVE SUCH OBJECTIVES, OR CAUSE SUCH PRESENT AND FUTURE OPERATIONS TO FAIL TO PRODUCE REVENUES, INCOME OR PROFITS. WE CAUTION YOU NOT TO PLACE UNDUE RELIANCE ON THESE FORWARD-LOOKING STATEMENTS.  ALTHOUGH WE BASE THESE FORWARD-LOOKING STATEMENTS ON OUR EXPECTATIONS, ASSUMPTIONS, AND PROJECTIONS ABOUT FUTURE EVENTS, ACTUAL EVENTS AND RESULTS MAY DIFFER MATERIALLY, AND OUR EXPECTATIONS, ASSUMPTIONS, AND PROJECTIONS MAY PROVE TO BE INACCURATE. THE FORWARD-LOOKING STATEMENTS SPEAK ONLY AS OF THE DATE HEREOF, AND WE EXPRESSLY DISCLAIM ANY OBLIGATION TO PUBLICLY RELEASE THE RESULTS OF ANY REVISIONS TO THESE FORWARD-LOOKING STATEMENTS TO REFLECT EVENTS OR CIRCUMSTANCES AFTER THE DATE OF THIS FILING.  Overview  China Vitup Health Care Holdings, Inc., a Nevada corporation (the Company or the Registrant), is a holding company which, through its wholly-owned subsidiaries and operating affiliates, is engaged in the business of providing healthcare services to customers in China.  Presently, the Registrant has an affiliate relationship with a single medical clinic which is a 24,200 square foot facility located in Dalian, China, through which it offers integrated healthcare services designed specifically to fit the needs of the Chinese population.  At the clinic in Dalian, the Registrants operating affiliate both monitors the health of its patients through regularly scheduled check-ups, and works to diagnose its patients different ailments and establish appropriate treatment procedures for such ailments.  Since the facility in Dalian is primarily a preventative care facility patients who require medical treatment which is more than preventative in nature are referred to hospitals and other health facilities.  Our operating affiliate offers integrated health management services designed specifically for the PRC population through its preventative care medical facility located in the city of Dalian, China.  The health services offered at our operating affiliates medical facility includes physical examinations, health management plans, and guidance for medical treatment. Our operating affiliate assists its patients in maintaining a healthy status by comprehensively monitoring, analyzing and evaluating the patients and by predicting various risk factors that affect the health and well being of its patients.  In many instances our operating affiliate, as a primary checkup facility, will refer its patients to specialized hospitals and health facilities throughout the world which are equipped to treat our operating affiliates patients specific health problems and needs that our operating affiliate has identified through its comprehensive checkup and monitoring procedures.   21     PRC laws restrict foreign ownership of medical clinics and hospitals located in China.  As a result, the Registrant does not directly carry on any business operations.  To comply with PRC laws, the Registrant operates through a corporate structure consisting of subsidiaries, variable interest entities (VIE), and contractual arrangements.  A VIE is a term used by the U.S. Financial Accounting Standards Board to describe a legal business structure whose financial support comes from another corporation which exerts control over the VIE.  As noted above, all of the Registrants business operations are structured around subsidiaries, VIEs and contractual agreements.  Through these contractual agreements the Registrant is able to exert effective control over its PRC operating affiliates and receive all of the economic benefits derived from the business operations of its PRC operating affiliates.  In accordance with the specific contractual agreements, the consolidated financial statements of the Registrant include all assets and liabilities and all revenues and expenses of our operating affiliate, the Dalian Zhongshan Vitup Clinic, a medical clinic located in Dalian, China.  Within the next three years, our objective is to establish an additional two affiliated medical clinics in China through which we are able to provide high quality medical care to Chinese citizens.  We will model our clinics after the clinic that we currently operate in Dalian.  We anticipate establishing medical clinics in the following cities, in the following order: 1) Beijing; and 2) Shenyang.  Results of Operations  The following discussion and analysis provides information that we believe is relevant to an assessment and understanding of our results of operation and financial condition for the three months ended March 31, 2009.  The following discussion should be read in conjunction with the Financial Statements and related Notes appearing elsewhere in this Form 10-Q.  Results of Operations for the Three Month Period Ended March 31, 2009 Compared to the Three Month Period Ended March 31, 2008.  Revenues  During the three month period ended March 31, 2009, the Company had total operating revenue in the amount of $229,485.  Of this $208,442 and $21,043 were generated from healthcare management service and Chinese medical service, respectively.  During the three month period ended March 31, 2008, the Company had total operating revenue in the amount of $286,545.  Of this $260,830 and $25,715 were generated from our healthcare management service and Chinese medical service, respectively.  The Companys operating revenue for the three month period ended March 31, 2009 decreased by $57,060 or approximately 20% as compared to the three month period ended March 31, 2008. The decrease in revenue was primarily attributable to a decrease in the number of customers experienced by the Company in the first quarter of 2009, as compared to the same period in 2008.  Specifically, the Company experienced the following decreases in its different types of customers: individual customers decreased 58%, corporation customers decreased 24%, and membership decreased 7%.  The following chart illustrates the changes in our revenue generated by our health management service and Chinese medical service for the three month period ended March 31, 2009, as compared to the three month period ended March 31, 2008:


|                                   |  |                                    |  |      |  |         
|---------------------------------- |  | ---------------------------------- |  | ---- |  | --------
|                                   |  | Three Month Period ended March 31,
|                                   |  | 2009                               |  | 2008 |  | % Change
|Health management service revenue: |  |                                    |  |      |  |         

22


|                                         |  |          |  |          |  |      
|---------------------------------------- |  | -------- |  | -------- |  | -----
|- Product sale                           |  | -        |  | $57,915  |  | -100%
|- Service revenue                        |  | $208,442 |  | $202,915 |  | 2.7% 
|                                         |  |          |  |          |  |      
|Total Health management service revenue: |  | $208,442 |  | $260,830 |  | -20% 




|                                      |  |                                    |  |         |  |         
|------------------------------------- |  | ---------------------------------- |  | ------- |  | --------
|                                      |  | Three Month Period ended March 31,
|                                      |  | 2009                               |  | 2008    |  | % Change
|Chinese medical service revenue:      |  |                                    |  |         |  |         
|- Product sale                        |  | $12,983                            |  | $24,176 |  | -46%    
|- Service revenue                     |  | $8,060                             |  | $1,539  |  | 423%    
|                                      |  |                                    |  |         |  |         
|Total Chinese medical service revenue |  | $21,043                            |  | $25,715 |  | -18%    

Costs of Revenue  The cost of revenue for the three month period ended March 31, 2009 was $223,000, as compared to $228,315 for the three month period ended March 31, 2008, a decrease of $5,315 or approximately 2.3%.  The small decrease in cost of revenue was primarily attributable to the following factors, the Companys revenues decreased, the direct costs experienced by the Company decreased by $3,492, and salary expenses decreased by $5,570.  Additionally, the price of electricity and other energy costs increased by $3,747 during the period ended March 31, 2009.  Operating Expenses  Our operating expenses for the three month period ended March 31, 2009 were $200,737.  Of this, $55,309 was allocated to depreciation, $132,763 was used in general and administrative expenses, and $12,665 was used for rental expenses.  Our operating expenses for the three month period ended March 31, 2008 were $167,216.  Of this, $45,563 was allocated to depreciation, $109,529 was used in general and administrative expenses, and $12,124 was used for rental expenses. The increase in the Companys aggregate operating expenses was $67,974, or approximately 34%.  The following chart illustrates the changes in our operating expenses for the three month period ended March 31, 2009, as compared to the three month period ended March 31, 2008:


|                               |  |                                    |  |          |  |         
|------------------------------ |  | ---------------------------------- |  | -------- |  | --------
|                               |  | Three Month Period ended March 31,
|                               |  | 2009                               |  | 2008     |  | % Change
|Operating expenses:            |  |                                    |  |          |  |         
|Depreciation                   |  | $55,309                            |  | $45,563  |  | 21.4%   
|General and administrative     |  | $132,763                           |  | $109,529 |  | 21.2%   
|Rental expense  related party |  | $12,665                            |  | $12,124  |  | 4.5%    
|                               |  |                                    |  |          |  |         
|Total operating expenses       |  | $200,737                           |  | $167,216 |  | 20.0%   

Net Loss  For the three month period ended March 31, 2009 the Company experienced a net loss of $199,364 as compared to a net loss of $115,449 for the three month period ended March 31, 2008, an increase of $83,915, or approximately 72%.  The increase in net loss that the Company experienced was attributable to the fact that the revenues of the first quarter 2009 decreased $57,060, as compared to the same period in 2008.   23     Liquidity and Capital Resources  As noted above, within the next three years, it is our objective to establish an additional two medical clinics in China through which we are able to provide high quality medical care to Chinese citizens.  We will model our clinics after the clinic that we currently operate in Dalian.  We anticipate establishing affiliate medical clinics in the following cities, in the following order: 1) Beijing; and 2) Shenyang.  We estimate that it will cost approximately $5,000,000 to open each new facility.  The costs associated with the opening of each clinic will ultimately depend upon the location the clinic.  We anticipate that the funding for the clinics will come from equity sales and private funding from Mr. ShuBin Wang, one of our directors, and Feng Gu our Chief Executive Officer. The cost of each clinic will depend on the location of each facility.  Currently, we have limited operating capital.  We expect that our current capital and our other existing resources will be sufficient only to provide a limited amount of working capital, and the revenues generated from our business operations alone may not be sufficient to fund our operations or planned growth.  We will likely require additional capital to continue to operate our business, and to further expand our business.  We may be unable to obtain additional capital required.   Our inability to raise additional funds when required may have a negative impact on our operations, business development and financial results.  We plan to pursue sources of additional capital through various financing transactions or arrangements, including equity financing, or in the form of loans from our majority shareholders, ShuBin Wang and Feng Gu.  We may not be successful in locating suitable financing transactions in the time period required or at all, and we may not obtain the capital we require by other means.  Total Current Assets & Total Assets  As of March 31, 2009, our unaudited balance sheet reflects that we have: i) total current assets of $1,106,112, as compared to total current assets of $1,378,785 as of December 31, 2008; and ii) total assets of $2,252,845 as of March 31, 2009, compared to total assets of $2,633,921 as of December 31, 2008, a decrease of $381,076, or approximately 14.5%.  The decrease in the Companys total assets was primarily attributable to changes that occurred in the Companys cash and cash equivalents which decreased by $288,329, as a result of the fact that the Company used cash to pay for business expenses.  Total Current Liabilities  As of March 31, 2009, our unaudited balance sheet reflects that we have total current liabilities of $233,591, compared to total current liabilities of $418,094 as of December 31, 2008, a decrease of $184,503, or approximately 44%.  The decrease in the Companys total current liabilities was primarily attributable to the repayment of accounts and other payables.  Cash Flow  A summary of our cash flows for the three month period ended March 31, 2009 and 2008 is as follows:  Three Month Period Ended March 31, 2009 and 2008  Three Month Period Ended
March 31,20092008Net cash used in operating activities$(158,100)$(59,448)  24      Net cash used in investing activities$(165,738)$(81,214)Net cash provided by (used in) financing activities$35,057$(365,321)Effect of exchange rate change on cash and cash equivalents$452$27,126Net Change in Cash and Cash equivalents$(288,329)$(478,857)Cash and Cash Equivalents, Beginning of Period$395,156$651,598Cash and Cash Equivalents End of Period$106,827$172,741  Net cash used in our operating activities was $158,100 for the three month period ended March 31, 2009, as compared to net cash used in our operating activities of $59,448 for the three month period ended March 31, 2008.  For the three month period ended March 31, 2009, our net cash used in investing activities was $165,738, as compared to $81,214 during the period ended March 31, 2008.  The increase in net cash used by investing activities was the result of the acquisition of medical equipment during the quarter ended March 31, 2009.  Changes in Operating Assets and Liabilities  Below are the major changes in operating assets and liabilities under cash flows from operating activities for the three month periods ended March 31, 2009 and 2008:  Three Month Period Ended March 31, 2009 and 2008  Three Month Period ended
March 31,20092008Changes in operating assets and liabilities:Accounts receivable$52,060$126,399Accounts payable$(47,964)$53,682Prepayments, deposits and other receivables$34,067$(214,265)  Accounts Receivable  Our changes in accounts receivable changed from $126,399 in March 31, 2008 to $52,060  in March 31, 2009.  The change in accounts receivable was primarily attributable to the fact that most of the Companys accounts receivable were collected in the first quarter 2009.  Accounts Payable  Our changes in accounts payable changed from $53,682 in March 31, 2008 to $(47,964) in March 31, 2009.  The change in accounts payable was primarily attributable to repayment to vendors for medical consumables that the Company purchased.  Prepayments, Deposits and Other Receivables  Our changes in prepayments, deposits and other receivables changed from  $(214,265) in March 31, 2008 to $34,067 in March 31, 2009.  The change in prepayments, deposits and other receivables was primarily attributable to the acquisition of additional medical equipment.  Off Balance Sheet Arrangement  The Company does not have any off-balance sheet arrangements.   25     ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK.  Not Applicable.  ITEM 4T. CONTROLS AND PROCEDURES.  Disclosure Controls and Procedures  The Securities and Exchange Commission defines the term disclosure controls and procedures to mean a company's controls and other procedures of an issuer that are designed to ensure that information required to be disclosed in the reports that it files or submits under the Securities Exchange Act of 1934 is recorded, processed, summarized and reported, within the time periods specified in the Securities and Exchange Commissions rules and forms. Disclosure controls and procedures include, without limitation, controls and procedures designed to ensure that information required to be disclosed by an issuer in the reports that it files or submits under the Securities Exchange Act of 1934 is accumulated and communicated to the issuers management, including its principal executive and principal financial officers, or persons performing similar functions, as appropriate to allow timely decisions regarding required disclosure.  The Company maintains such a system of controls and procedures in an effort to ensure that all information which it is required to disclose in the reports it files under the Securities Exchange Act of 1934 is recorded, processed, summarized and reported within the time periods specified under the SEC's rules and forms and that information required to be disclosed is accumulated and communicated to principal executive and principal financial officers to allow timely decisions regarding disclosure.  As of the end of the period covered by this report, we carried out an evaluation, under the supervision and with the participation of our chief executive officer and chief financial officer, of the effectiveness of the design and operation of our disclosure controls and procedures.  Based on this evaluation, our chief executive officer and chief financial officer concluded that our disclosure controls and procedures are designed to provide reasonable assurance of achieving the objectives of timely alerting them to material information required to be included in our periodic SEC reports and of ensuring that such information is recorded, processed, summarized and reported within the time periods specified.  Our chief executive officer and chief financial officer also concluded that our disclosure controls and procedures were effective as of the end of the period covered by this report to provide reasonable assurance of the achievement of these objectives.  Changes in Internal Control over Financial Reporting  There was no change in the Company's internal control over financial reporting during the period ended March 31, 2009, that has materially affected, or is reasonably likely to materially affect, the Company's internal control over financial reporting.  PART II-OTHER INFORMATION  ITEM 1. LEGAL PROCEEDINGS.  The Company is not a party to any pending legal proceedings, and no such proceedings are known to be contemplated. No director, officer or affiliate of the Company, and no owner of record or beneficial owner of more than 5.0% of the securities of the Company, or any associate of any such director, officer or security holder is a party adverse to the Company or has a material interest adverse to the Company in reference to pending litigation.  26      ITEM 1A. RISK FACTORS.  Not Applicable.  ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS.  None.     ITEM 3. DEFAULTS UPON SENIOR SECURITIES.  None.  ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS.  None.  ITEM 5. OTHER INFORMATION.  None.  ITEM 6. EXHIBITS.  (a) The following exhibits are filed herewith:  31.1 Certifications pursuant to Rule 13a-14(a) or 15d-14(a) under the Securities Exchange Act of 1934, as amended, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.  31.2 Certifications pursuant to Rule 13a-14(a) or 15d-14(a) under the Securities Exchange Act of 1934, as amended, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.  32.1 Certifications pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.  32.2 Certifications pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.                 27     SIGNATURES  Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.  CHINA VITUP HEALTH CARE HOLDINGS, INC.  By:  /S/ Feng Gu Feng Gu, Chief Executive Officer  Date:  May 19, 2009  By:  /S/ Yan Zheng Yan Zheng, Chief Financial Officer  Date:  May 19, 2009   28