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

|   |  ̈ | TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
|--------|--------|----------------------------------------------------------------------------------------------------|

----

|                                                          |   |                                 |
|---------------------------------------------------------------|--------|--------------------------------------|
| Delaware                                                      |   | 30-0411233                           |
| (State or other jurisdiction ofincorporation or organization) |   | (I.R.S. Employer Identification No.) |
|                                                          |   |                                 |
| Wenyang Town, Feicheng City, ShanDong, China                  |   | 271603                               |
| (Address of principal executive offices)                      |   | (Zip Code)                           |

| Large accelerated filer  ̈ | Accelerated filer  ̈                | Non-accelerated filer  ̈ | Smaller reporting company x |
|-------------------------------------|----------------------------------------------|-----------------------------------|----------------------------------|
|                                | (Do not check if a smallerreporting company) |

----

| PART I—FINANCIAL INFORMATION |                                                                                  |
|------------------------------------|---------------------------------------------------------------------------------------|
|                               |                                                                                  |   |
| Item 1.                            | Financial Statements                                                                  | 1 |
|                               |                                                                                  |   |
|                               | Consolidated Balance Sheets                                                           | 2 |
|                               |                                                                                  |   |
|                               | Consolidated Statements of Income and Comprehensive Income                            | 3 |
|                               |                                                                                  |   |
|                               | Consolidated Statements of Cash Flows                                                 | 4 |
|                               |                                                                                  |   |
|                               | Notes to Unaudited Consolidated Financial Statements                                  | 5 |
|                               |                                                                                  |   |
| Item 2.                            | Management's Discussion and Analysis of Financial Condition and Results of Operations | 19 |
|                               |                                                                                  |   |
| Item 3.                            | Quantitative and Qualitative Disclosures About Market Risk                            | 24 |
|                               |                                                                                  |   |
| Item 4.                            | Controls and Procedures                                                               | 24 |
|                               |                                                                                  |   |
| PART II—OTHER INFORMATION    |                                                                                  |
|                               |                                                                                  |   |
| Item 1.                            | Legal Proceedings                                                                     | 25 |
|                               |                                                                                  |   |
| Item 1A.                           | Risk Factors                                                                          | 25 |
|                               |                                                                                  |   |
| Item 2.                            | Unregistered Sales of Equity Securities and Use of Proceeds                           | 25 |
|                               |                                                                                  |   |
| Item 3.                            | Defaults Upon Senior Securities                                                       | 25 |
|                               |                                                                                  |   |
| Item 4.                            | (Removed and Reserved)                                                                | 25 |
|                               |                                                                                  |   |
| Item 5.                            | Other Information                                                                     | 25 |
|                               |                                                                                  |   |
| Item 6.                            | Exhibits                                                                              | 25 |
|                               |                                                                                  |   |
|                               | Signatures                                                                            | 26 |

----

| ITEM 1. | Financial Statements |
|--------------|----------------------|

----

|                                                                   |   | June 30, 2011 |        |   | December 31, 2010 |   |
|------------------------------------------------------------------------|--------|-------------------------|-------------|--------|-----------------------------|--------|
|                                                                   |   | (Unaudited)             |        |   |                        |   |
| ASSETS                                                                 |   |                    |        |   |                        |   |
| Current Assets:                                                        |   |                    |        |   |                        |   |
| Cash and cash equivalents                                              |   | $                       | 17,994,188  |   |                        | $      | 25,286,619 |   |
| Restricted cash                                                        |   |                    | 24,075,507  |   |                        |   | 10,254,394 |   |
| Accounts receivable, net                                               |   |                    | 10,267,874  |   |                        |   | 4,896,665 |   |
| Notes receivable                                                       |   |                    | 5,953,862   |   |                        |   | 2,736,496 |   |
| Advances to suppliers, net                                             |   |                    | 2,104,015   |   |                        |   | 1,171,477 |   |
| Inventories                                                            |   |                    | 11,454,083  |   |                        |   | 9,468,211 |   |
| Other receivables, net                                                 |   |                    | 913,352     |   |                        |   | 1,023,337 |   |
| Total current assets                                                   |   |                    | 72,762,881  |   |                        |   | 54,837,199 |   |
| Property and equipment, net                                            |   |                    | 13,849,174  |   |                        |   | 14,014,923 |   |
| Commercial leasing assets, net                                         |   |                    | 37,481,694  |   |                        |   | 37,079,584 |   |
| Advance payment for equipment purchase, net                            |   |                    | 418,842     |   |                        |   | - |   |
| Land use rights, net                                                   |   |                    | 5,104,824   |   |                        |   | 5,045,883 |   |
|                                                                   |   |                    |        |   |                        |   |   |   |
|                                                                   |   | $                       | 129,617,415 |   |                        | $      | 110,977,589 |   |
|                                                                   |   |                    |        |   |                        |   |   |   |
| LIABILITIES AND EQUITY                                                 |   |                    |        |   |                        |   |   |   |
| Current liabilities:                                                   |   |                    |        |   |                        |   |   |   |
| Short-term bank loans                                                  |   | $                       | 40,219,712  |   |                        | $      | 42,339,454 |   |
| Accounts payable                                                       |   |                    | 7,237,536   |   |                        |   | 7,691,017 |   |
| Notes payable                                                          |   |                    | 11,759,245  |   |                        |   | 15,124,474 |   |
| Notes payable- related party                                           |   |                    | 24,292,124  |   |                        |   | 3,024,895 |   |
| Advances from customers                                                |   |                    | 1,120,457   |   |                        |   | 687,408 |   |
| Due to related party                                                   |   |                    | 567,327     |   |                        |   | 2,526,474 |   |
| Income tax payable                                                     |   |                    | 5,274,379   |   |                        |   | 4,336,457 |   |
| Other payables                                                         |   |                    | 4,707,541   |   |                        |   | 3,872,549 |   |
| Loan from employees                                                    |   |                    | 1,698,447   |   |                        |   | 1,470,138 |   |
| Total current liabilities                                              |   |                    | 96,876,768  |   |                        |   | 81,072,866 |   |
|                                                                   |   |                    |        |   |                        |   |   |   |
| Total Liabilities                                                      |   |                    | 96,876,768  |   |                        |   | 81,072,866 |   |
|                                                                   |   |                    |        |   |                        |   |   |   |
| Commitments and contingencies                                          |   |                    |        |   |                        |   |   |   |
|                                                                   |   |                    |        |   |                        |   |   |   |
| Equity                                                                 |   |                    |        |   |                        |   |   |   |
| Shareholders’ equity:                                            |   |                    |        |   |                        |   |   |   |
| Common stock ($.001 par value; 50,000,000 shares authorized authorized |   |                    |        |   |                        |   |   |   |
| shares issued and outstanding 26,000,000 as of June 30,                |   |                    |        |   |                        |   |   |   |
| 2011 and December 31, 2010)                                            |   |                    | 26,000      |   |                        |   | 26,000 |   |
| Additional paid-in capital                                             |   |                    | 2,908,171   |   |                        |   | 2,908,171 |   |
| Statutory reserve                                                      |   |                    | 1,369,652   |   |                        |   | 1,369,652 |   |
| Retained earnings                                                      |   |                    | 25,149,149  |   |                        |   | 23,043,387 |   |
| Accumulated other comprehensive income                                 |   |                    | 2,965,604   |   |                        |   | 2,264,049 |   |
| Total China Ruitai Shareholders’ Equity                          |   |                    | 32,418,576  |   |                        |   | 29,611,259 |   |
| Non-controlling interest                                               |   |                    | 322,071     |   |                        |   | 293,464 |   |
| Total Equity                                                           |   |                    | 32,740,647  |   |                        |   | 29,904,723 |   |
|                                                                   |   |                    |        |   |                        |   |   |   |
| TOTAL LIABILIIES AND EQUITY                                            |   | $                       | 129,617,415 |   |                        | $      | 110,977,589 |   |

----

|                                                              |   | Three months ended June 30, |       |   | Six months ended June 30, |   |
|------------------------------------------------------------------------|--------|-------------------------------------------------|------------|--------|-----------------------------------------------|--------|
|                                                                   |   | 2011                                            |       |   | 2010                                          |   |   | 2011 |   |   | 2010 |   |
|                                                                   |   |                                            |       |   |                                          |   |   |   |   |   |   |   |
| Sales                                                                  |   | $                                               | 11,722,184 |   |                                          | $      | 11,171,175 |   |   | $ | 21,309,001 |   |   | $ | 21,409,431 |   |
| Cost of sales (See note below)                                         |   |                                            | 8,001,818  |   |                                          |   | 8,222,567 |   |   |   | 14,785,951 |   |   |   | 15,152,439 |   |
| Gross margin                                                           |   |                                            | 3,720,366  |   |                                          |   | 2,948,608 |   |   |   | 6,523,050 |   |   |   | 6,256,992 |   |
|                                                                   |   |                                            |       |   |                                          |   |   |   |   |   |   |   |   |   |   |   |
| Operating expenses:                                                    |   |                                            |       |   |                                          |   |   |   |   |   |   |   |   |   |   |   |
| General and administrative expenses                                    |   |                                            | 660,283    |   |                                          |   | 215,858 |   |   |   | 1,381,778 |   |   |   | 500,110 |   |
| Selling expenses                                                       |   |                                            | 604,849    |   |                                          |   | 530,310 |   |   |   | 1,133,378 |   |   |   | 889,385 |   |
| Total operating expense                                                |   |                                            | 1,265,132  |   |                                          |   | 746,168 |   |   |   | 2,515,156 |   |   |   | 1,389,495 |   |
|                                                                   |   |                                            |       |   |                                          |   |   |   |   |   |   |   |   |   |   |   |
| Income from operations                                                 |   |                                            | 2,455,234  |   |                                          |   | 2,202,440 |   |   |   | 4,007,894 |   |   |   | 4,867,497 |   |
|                                                                   |   |                                            |       |   |                                          |   |   |   |   |   |   |   |   |   |   |   |
| Other income/(expense)                                                 |   |                                            |       |   |                                          |   |   |   |   |   |   |   |   |   |   |   |
| Interest income                                                        |   |                                            | 90,940     |   |                                          |   | 175,432 |   |   |   | 178,381 |   |   |   | 566,612 |   |
| Interest expense                                                       |   |                                            | (796,829   | )      |                                          |   | (550,610 | ) |   |   | (1,536,782 | ) |   |   | (1,129,097 | ) |
| Commercial leasing income                                              |   |                                            | 373,832    |   |                                          |   | 311,774 |   |   |   | 742,615 |   |   |   | 614,957 |   |
| Cost of commercial leasing                                             |   |                                            | (224,771   | )      |                                          |   | (214,123 | ) |   |   | (446,233 | ) |   |   | (428,130 | ) |
| Other income/(expense)                                                 |   |                                            | 17,159     |   |                                          |   | (16,608 | ) |   |   | 10,993 |   |   |   | 21,687 |   |
| Total other income/(expense), net                                      |   |                                            | (539,669   | )      |                                          |   | (294,135 | ) |   |   | (1,051,026 | ) |   |   | (353,971 | ) |
|                                                                   |   |                                            |       |   |                                          |   |   |   |   |   |   |   |   |   |   |   |
| Income before income tax expense                                       |   |                                            | 1,915,565  |   |                                          |   | 1,908,305 |   |   |   | 2,956,868 |   |   |   | 4,513,526 |   |
|                                                                   |   |                                            |       |   |                                          |   |   |   |   |   |   |   |   |   |   |   |
| Income tax expense                                                     |   |                                            | 531,859    |   |                                          |   | 477,076 |   |   |   | 829,835 |   |   |   | 1,123,378 |   |
|                                                                   |   |                                            |       |   |                                          |   |   |   |   |   |   |   |   |   |   |   |
| Net income before allocation to noncontrolling interests               |   |                                            | 1,383,706  |   |                                          |   | 1,431,229 |   |   |   | 2,127,033 |   |   |   | 3,390,148 |   |
|                                                                   |   |                                            |       |   |                                          |   |   |   |   |   |   |   |   |   |   |   |
| Less: Net income attributable to noncontrolling interests              |   |                                            | 13,837     |   |                                          |   | 14,312 |   |   |   | 21,271 |   |   |   | 33,701 |   |
| Net income attributable to China Ruitai                                |   |                                            | 1,369,869  |   |                                          |   | 1,416,917 |   |   |   | 2,105,762 |   |   |   | 3,356,447 |   |
|                                                                   |   |                                            |       |   |                                          |   |   |   |   |   |   |   |   |   |   |   |
| Comprehensive income                                                   |   |                                            |       |   |                                          |   |   |   |   |   |   |   |   |   |   |   |
| Net Income before allocation to non-controlling interest               |   |                                            | 1,383,706  |   |                                          |   | 1,431,229 |   |   |   | 2,127,033 |   |   |   | 3,390,148 |   |
| Foreign Currency Translation Adjustment                                |   |                                            | 517,029    |   |                                          |   | 103,929 |   |   |   | 708,891 |   |   |   | 170,956 |   |
|                                                                   |   |                                            |       |   |                                          |   |   |   |   |   |   |   |   |   |   |   |
| Comprehensive Income                                                   |   | $                                               | 1,900,735  |   |                                          | $      | 1,535,158 |   |   | $ | 2,835,924 |   |   | $ | 3,561,104 |   |
|                                                                   |   |                                            |       |   |                                          |   |   |   |   |   |   |   |   |   |   |   |
| Less: Comprehensive income attributable to noncontrolling interests    |   |                                            | 19,141     |   |                                          |   | 16,042 |   |   |   | 28,607 |   |   |   | 35,431 |   |
|                                                                   |   |                                            |       |   |                                          |   |   |   |   |   |   |   |   |   |   |   |
| Comprehensive Income Attributable to China Ruitai                      |   | $                                               | 1,881,594  |   |                                          | $      | 1,519,116 |   |   | $ | 2,807,317 |   |   | $ | 3,525,673 |   |
|                                                                   |   |                                            |       |   |                                          |   |   |   |   |   |   |   |   |   |   |   |
| Earnings per share - Basic and diluted                                 |   | $                                               | 0.05       |   |                                          | $      | 0.05 |   |   | $ | 0.08 |   |   | $ | 0.13 |   |
| Weighted average number of common shares outstanding-Basic and diluted |   |                                            | 26,000,000 |   |                                          |   | 26,000,000 |   |   |   | 26,000,000 |   |   |   | 26,000,000 |   |

----

|                                                                                                          |   | Six months ended June 30, |        |
|---------------------------------------------------------------------------------------------------------------|--------|-----------------------------------------------|-------------|
|                                                                                                          |   | 2011                                          |        |   | 2010 |   |
|                                                                                                          |   |                                          |        |   |   |   |
| Cash flows from operating activities:                                                                         |   |                                          |        |   |   |   |
| Net income before allocation to non-controlling interests                                                     |   | $                                             | 2,127,033   |   |   | $ | 3,390,148 |   |
| Adjustments to reconcile net income before non-controlling interests to net cash used in operation activities |   |                                          |        |   |   |   |   |   |
| Depreciation                                                                                                  |   |                                          | 1,238,777   |   |   |   | 1,170,810 |   |
| Amortization of land use rights                                                                               |   |                                          | 56,631      |   |   |   | 54,244 |   |
| Bad debt provision                                                                                            |   |                                          | 226,802     |   |   |   | (382,323 | ) |
| Loss on disposal of equipment                                                                                 |   |                                          | 3,505       |   |   |   | - |   |
| Changes in operating assets and liabilities:                                                                  |   |                                          |        |   |   |   |   |   |
| Restricted cash                                                                                               |   |                                          | (13,442,342 | ) |   |   | (2,346,400 | ) |
| Accounts receivable                                                                                           |   |                                          | (5,284,903  | ) |   |   | (3,632,516 | ) |
| Notes receivable                                                                                              |   |                                          | (3,121,232  | ) |   |   | 2,615,532 |   |
| Advances to suppliers                                                                                         |   |                                          | (1,164,805  | ) |   |   | (29,570 | ) |
| Inventories                                                                                                   |   |                                          | (1,749,315  | ) |   |   | 732,041 |   |
| Other receivables                                                                                             |   |                                          | 104,117     |   |   |   | (3,208,529 | ) |
| Accounts payable                                                                                              |   |                                          | (623,931    | ) |   |   | 1,492,701 |   |
| Notes payable                                                                                                 |   |                                          | (3,674,444  | ) |   |   | (1,613,150 | ) |
| Other payables                                                                                                |   |                                          | 737,999     |   |   |   | 269,815 |   |
| Advances from customers                                                                                       |   |                                          | 412,840     |   |   |   | 727,868 |   |
| Income taxes payable                                                                                          |   |                                          | 829,280     |   |   |   | 227,259 |   |
|                                                                                                          |   |                                          |        |   |   |   |   |   |
| Net cash used in operating activities                                                                         |   |                                          | (23,323,988 | ) |   |   | (532,070 | ) |
|                                                                                                          |   |                                          |        |   |   |   |   |   |
| Cash flows from investing activities:                                                                         |   |                                          |        |   |   |   |   |   |
| Advanced payment to purchase equipment                                                                        |   |                                          | (262,808    | ) |   |   | - |   |
| Purchase of property and equipment                                                                            |   |                                          | (312,147    | ) |   |   | (1,369,347 | ) |
|                                                                                                          |   |                                          |        |   |   |   |   |   |
| Net cash used in investing activities                                                                         |   |                                          | (574,955    | ) |   |   | (1,369,347 | ) |
|                                                                                                          |   |                                          |        |   |   |   |   |   |
| Cash flows from financing activities:                                                                         |   |                                          |        |   |   |   |   |   |
| Proceeds from bank loans                                                                                      |   |                                          | 15,760,304  |   |   |   | 22,428,651 |   |
| Repayment of bank loans                                                                                       |   |                                          | (18,822,341 | ) |   |   | (17,002,601 | ) |
| Proceeds from loan from a related party                                                                       |   |                                          | 20,974,953  |   |   |   | - |   |
| Repayment of loan from a related party                                                                        |   |                                          | (1,996,128  | ) |   |   | (1,630,614 | ) |
| Repayment of loan from employee                                                                               |   |                                          | 192,418     |   |   |   | 20,517 |   |
|                                                                                                          |   |                                          |        |   |   |   |   |   |
| Net cash provided by financing activities                                                                     |   |                                          | 16,109,206  |   |   |   | 3,815,953 |   |
|                                                                                                          |   |                                          |        |   |   |   |   |   |
| Effect of foreign exchange rate fluctuation on cash and cash equivalents                                      |   |                                          | 497,306     |   |   |   | 80,053 |   |
| Net (decrease) increase in cash and cash equivalents                                                          |   |                                          | (7,292,431  | ) |   |   | 1,994,589 |   |
|                                                                                                          |   |                                          |        |   |   |   |   |   |
| Cash and cash equivalents- beginning of period                                                                |   |                                          | 25,286,619  |   |   |   | 10,174,528 |   |
|                                                                                                          |   |                                          |        |   |   |   |   |   |
| Cash and cash equivalents-end of period                                                                       |   | $                                             | 17,994,188  |   |   | $ | 12,169,117 |   |
|                                                                                                          |   |                                          |        |   |   |   |   |   |
| Supplementary disclosure of cash flow information:                                                            |   |                                          |        |   |   |   |   |   |
| Cash paid for interest expense                                                                                |   | $                                             | 1,536,782   |   |   | $ | 1,129,181 |   |
| Cash paid for income tax                                                                                      |   | $                                             | -           |   |   | $ | 896,164 |   |

----

| 1. | ORGANIZATION AND DISCRIPTION OF BUSINESS |
|----|------------------------------------------|

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

----

----

----

| 3. | ACCOUNTS RECEIVABLE, NET |
|----|--------------------------|

|                                  |   | June 30, 2011 |       |   | December 31, 2010 |   |
|---------------------------------------|--------|-------------------------|------------|--------|-----------------------------|--------|
|                                  |   | (Unaudited)             |       |   |                        |   |
|                                  |   |                    |       |   |                        |   |
| Accounts receivable                   |   | $                       | 11,843,544 |   |                        | $      | 6,356,204 |   |
|                                  |   |                    |       |   |                        |   |   |   |
| Less: Allowance for doubtful accounts |   |                    | (1,575,670 | )      |                        |   | (1,459,539 | ) |
|                                  |   |                    |       |   |                        |   |   |   |
|                                  |   | $                       | 10,267,874 |   |                        | $      | 4,896,665 |   |

|                       |   | December 31,2010 |       |   | Provision |   |     | Reverse |   |   | Write-off |   |   | June 30,2011 |   |
|---------------------------------|--------|-----------------------|------------|--------|-----------|--------|----------|---------|--------|--------|-----------|--------|--------|-------------------|--------|
| Allowance for doubtful accounts |   | $                     | (1,459,539 | )      |      | $      | (280,192 | )  |   | $      | 164,061   |   |   | $                 | -      |   |   | $ | (1,575,670 | )  |

|                       |   | December 31,2009 |       |   | Provision |   |     | Reverse |   |   | Write-off |   |   | June 30,2010 |   |
|---------------------------------|--------|-----------------------|------------|--------|-----------|--------|----------|---------|--------|--------|-----------|--------|--------|-------------------|--------|
| Allowance for doubtful accounts |   | $                     | (1,606,569 | )      |      | $      | (231,601 | )  |   | $      | 136,547   |   |   | $                 | -      |   |   | $ | (1,701,623 | )  |

| 4. | NOTES RECEIVABLE |
|----|------------------|

| 5. | OTHER RECEIVABLES, NET |
|----|------------------------|

|                                  |   | June 30, 2011 |       |   | December 31, 2010 |   |
|---------------------------------------|--------|-------------------------|------------|--------|-----------------------------|--------|
|                                  |   | (Unaudited)             |       |   |                        |   |
|                                  |   |                    |       |   |                        |   |
| Other receivables                     |   | $                       | 2,050,209  |   |                        | $      | 2,106,923 |   |
|                                  |   |                    |       |   |                        |   |   |   |
| Less: Allowance for doubtful accounts |   |                    | (1,136,857 | )      |                        |   | (1,083,586 | ) |
|                                  |   |                    |       |   |                        |   |   |   |
|                                  |   | $                       | 913,352    |   |                        | $      | 1,023,337 |   |

|                       |   | December 31, 2010 |       |   | Provision |   |     | Reverse |   |   | Write-off |   |   | June 30, 2011 |   |
|---------------------------------|--------|-----------------------------|------------|--------|-----------|--------|----------|---------|--------|--------|-----------|--------|--------|-------------------------|--------|
| Allowance for doubtful accounts |   | $                           | (1,083,586 | )      |      | $      | (122,284 | )  |   | $      | 69,013    |   |   | $                       | -      |   |   | $ | (1,136,857 | )  |

|                            |   | December 31,2009 |       |   | Provision |   |    | Reverse |   |   | Write-off |   |   | June 30,2010 |   |
|---------------------------------|--------|------------------|------------|--------|-----------|--------|---------|---------|--------|--------|-----------|--------|--------|--------------|--------|
| Allowance for doubtful accounts |   | $                | (1,164,413 | )      |      | $      | (82,878 | )  |   | $      | 192,829   |   |   | $            | -      |   |   | $ | (1,054,462 | )  |

----

| 6. | ADVANCES PAYMENT, NET |
|----|-----------------------|

| (1) | Short term |
|-----|------------|

|                                  |   | June 30, 2011 |       |   | December 31, 2010 |   |
|---------------------------------------|--------|-------------------------|------------|--------|-----------------------------|--------|
|                                  |   | (Unaudited)             |       |   |                        |   |
|                                  |   |                    |       |   |                        |   |
| Advances payment to suppliers         |   | $                       | 6,057,165  |   |                        | $      | 4,770,170 |   |
|                                  |   |                    |       |   |                        |   |   |   |
| Less: Allowance for doubtful accounts |   |                    | (3,953,150 | )      |                        |   | (3,598,693 | ) |
|                                  |   |                    |       |   |                        |   |   |   |
|                                  |   | $                       | 2,104,015  |   |                        | $      | 1,171,477 |   |

|                       |   | December 31,2010 |       |   | Provision |   |     | Reverse |   |   | Write-off |   |   | June 30, 2011 |   |
|---------------------------------|--------|-----------------------|------------|--------|-----------|--------|----------|---------|--------|--------|-----------|--------|--------|-------------------------|--------|
| Allowance for doubtful accounts |   | $                     | (3,598,693 | )      |      | $      | (496,093 | )  |   | $      | 141,636   |   |   | $                       | -      |   |   | $ | (3,953,150 | )  |

|                       |   | December 31,2009 |       |   | Provision |   |     | Reverse |   |   | Write-off |   |   | June 30, 2010 |   |
|---------------------------------|--------|-----------------------|------------|--------|-----------|--------|----------|---------|--------|--------|-----------|--------|--------|-------------------------|--------|
| Allowance for doubtful accounts |   | $                     | (3,579,949 | )      |      | $      | (107,865 | )  |   | $      | 257,406   |   |   | $                       | -      |   |   | $ | (3,430,408 | )  |

| (2) | Long term |
|-----|-----------|

|                                    |   | June 30, 2011 |      |   | December 31, 2010 |   |
|-----------------------------------------|--------|-------------------------|-----------|--------|-----------------------------|--------|
|                                    |   | (Unaudited)             |      |   |                        |   |
|                                    |   |                    |      |   |                        |   |
| Advances payment for equipment purchase |   | $                       | 1,369,493 |   |                        | $      | 1,079,052 |   |
|                                    |   |                    |      |   |                        |   |   |   |
| Less: Allowance for doubtful accounts   |   |                    | (950,651  | )      |                        |   | (1,079,052 | ) |
|                                    |   |                    |      |   |                        |   |   |   |
|                                    |   | $                       | 418,842   |   |                        | $      | - |   |

|                       |   | December 31,2010 |       |   | Provision |   |   | Reverse |   |   | Write-off |   |   | June 30, 2011 |   |
|---------------------------------|--------|-----------------------|------------|--------|-----------|--------|--------|---------|--------|--------|-----------|--------|--------|-------------------------|--------|
| Allowance for doubtful accounts |   | $                     | (1,079,052 | )      |      | $      | -      |    |   | $      | 128,401   |   |   | $                       | -      |   |   | $ | (950,651 | )  |

|                            |    | December 31,2009 |    |    | Provision |    |    | Reverse |    |    | Write-off |    |    | June 30, 2010 |   |
|---------------------------------|--------------|-----------------------|--------------|--------------|-----------|--------------|--------------|---------|--------------|--------------|-----------|--------------|--------------|-------------------------|--------|
| Allowance for doubtful accounts |         | $                     | (1,165,915   | )            |      | $            | -            |    |         | $            | 149,989   |         |         | $                       | -      |   |   | $ | (1,015,926 | )  |

----

| 7. | INVENTORIES |
|----|-------------|

|             |   | June 30, 2011 |       |   | December 31, 2010 |   |
|------------------|--------|--------------------|------------|--------|------------------------|--------|
|             |   | (Unaudited)        |       |   |                   |   |
|             |   |               |       |   |                   |   |   |   |
| Raw materials    |   | $                  | 3,408,225  |   |                   | $      | 3,791,070 |   |
| Work in progress |   |               | 2,126,437  |   |                   |   | 977,302 |   |
| Finished goods   |   |               | 5,919,421  |   |                   |   | 4,699,839 |   |
|             |   |               |       |   |                   |   |   |   |
|             |   | $                  | 11,454,083 |   |                   | $      | 9,468,211 |   |

| 8. | PROPERTY AND EQUIPMENT, NET |
|----|-----------------------------|

|                           |   | June 30, 2011 |       |   | December 31, 2010 |   |
|--------------------------------|--------|--------------------|------------|--------|------------------------|--------|
|                           |   | (Unaudited)        |       |   |                   |   |
| Buildings                      |   | $                  | 9,373,473  |   |                   | $      | 9,109,630 |   |
| Machinery and equipment        |   |               | 11,959,252 |   |                   |   | 11,565,294 |   |
| Office equipment and furniture |   |               | 97,301     |   |                   |   | 85,364 |   |
| Motor vehicles                 |   |               | 602,239    |   |                   |   | 557,167 |   |
|                           |   |               | 22,032,265 |   |                   |   | 21,317,455 |   |
| Less: Accumulated depreciation |   |               | (8,259,037 | )      |                   |   | (7,305,224 | ) |
|                           |   |               | 13,773,228 |   |                   |   | 14,012,231 |   |
| Construction in progress       |   |               | 75,946     |   |                   |   | 2,692 |   |
|                           |   | $                  | 13,849,174 |   |                   | $      | 14,014,923 |   |

| 9. | LAND USE RIGHTS, NET |
|----|----------------------|

|                           |   | June 30, 2011 |      |   | December 31, 2010 |   |
|--------------------------------|--------|-------------------------|-----------|--------|-----------------------------|--------|
|                           |   | (Unaudited)             |      |   |                        |   |
| Land use right                 |   | $                       | 5,723,182 |   |                        | $      | 5,594,381 |   |
| Less: Accumulated amortization |   |                    | (618,358  | )      |                        |   | (548,498 | ) |
|                           |   |                    |      |   |                        |   |   |   |
|                           |   | $                       | 5,104,824 |   |                        | $      | 5,045,883 |   |

----

| 10. | COMMERCIAL LEASING ASSETS, NET |
|-----|--------------------------------|

|                           |   | June 30, 2011 |       |   | December 31, 2010 |   |
|--------------------------------|--------|-------------------------|------------|--------|-----------------------------|--------|
|                           |   | (Unaudited)             |       |   |                        |   |
| Buildings                      |   | $                       | 38,836,454 |   |                        | $      | 37,940,688 |   |
| Less: Accumulated depreciation |   |                    | (1,354,760 | )      |                        |   | (861,104 | ) |
|                           |   |                    |       |   |                        |   |   |   |
|                           |   | $                       | 37,481,694 |   |                        | $      | 37,079,584 |   |

| 11. | SHORT-TERM BANK LOANS |
|-----|-----------------------|

|                                                                                                                                                                     |   | June 30, 2011 |   |   | December 31, 2010 |   |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-------------------------|--------|--------|-----------------------------|--------|
|                                                                                                                                                                     |   | (unaudited)             |   |   |                        |   |
|                                                                                                                                                                     |   |                    |   |   |                        |   |
| Loan from Feicheng Rural Credit Union with interest rate of 5.31%, guaranteed by Shandong Juyuan Mining Group Co. Ltd. & Mr. Lu Xingfu. Matured on January 19, 2011  |   | $                       | -      |   |                        | $      | 1,155,510 |   |
|                                                                                                                                                                     |   |                    |   |   |                        |   |   |   |
| Loan from Feicheng Rural Credit Union with interest rate of 5.31%, guaranteed by Shandong Juyuan Mining Group Co. Ltd. & Mr. Lu Xingfu. Matured on January 19, 2011. |   |                    | -      |   |                        |   | 1,255,331 |   |
|                                                                                                                                                                     |   |                    |   |   |                        |   |   |   |
| Loan from Feicheng Rural Credit Union with interest rate of 5.31%, guaranteed by Shandong Juyuan Mining Group Co. Ltd. & Mr. Lu Xingfu. Matured on January 18, 2011. |   |                    | -      |   |                        |   | 1,512,447 |   |
|                                                                                                                                                                     |   |                    |   |   |                        |   |   |   |
| Loan from Bank of China Taian Branch with interest rate of 5.31%, guaranteed by Feicheng Acid Chemicals Co. Ltd. Matured on May 28, 2011.                                |   |                    | -      |   |                        |   | 1,058,713 |   |
|                                                                                                                                                                     |   |                    |   |   |                        |   |   |   |
| Loan from Bank of China Taian Branch with interest rate of 5.31%, guaranteed by Feicheng Acid Chemicals Co. Ltd. Matured on May 1, 2011.                                 |   |                    | -      |   |                        |   | 1,361,203 |   |
|                                                                                                                                                                     |   |                    |   |   |                        |   |   |   |
| Loan from Bank of China Taian Branch with interest rate of 5.31%, guaranteed by Feicheng Acid Chemicals Co. Ltd. Matured on April 14, 2011.                              |   |                    | -      |   |                        |   | 1,512,447 |   |

----

| Loan from Bank of China Taian Branch with interest rate of 5.31%, guaranteed by Feicheng Acid Chemicals Co. Ltd. Matured on March 9, 2011.                            |   |   | -         |   |   |   | 2,268,671 |   |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------|-----------|--------|--------|--------|-----------|--------|
|                                                                                                                                                                  |   |   |      |   |   |   |      |   |
| Loan from Feicheng Rural Credit Union with interest rate of 6.67%, guaranteed by Shandong Juyuan Mining Group Co. Ltd. & Mr. Lu Xingfu. Matured on June 18, 2011. |   |   | -         |   |   |   | 1,512,447 |   |
|                                                                                                                                                                  |   |   |      |   |   |   |      |   |
| Loan from Weihai Commercial Bank with interest rate of 6.06%, guaranteed by Shandong RunYin Biological Co., Ltd., Matured on June 8, 2011.                            |   |   | -         |   |   |   | 3,024,896 |   |
|                                                                                                                                                                  |   |   |      |   |   |   |      |   |
| Loan from Agricultural Bank of China Wenyang Branch with interest rate of 6.06%, guaranteed by Feicheng Golden Dragon Co., Ltd., Matured on May 16, 2011.        |   |   | -         |   |   |   | 3,024,895 |   |
|                                                                                                                                                                  |   |   |      |   |   |   |      |   |
| Loan from Feicheng Rural Credit Union with interest rate of 5.31%, guaranteed by Shandong Acid Chemicals Co., Ltd. & Mr. Lu Xingfu. Maturied on May 17, 2011.     |   |   | -         |   |   |   | 907,468   |   |
|                                                                                                                                                                  |   |   |      |   |   |   |      |   |
| Loan from Bank of China Taian Branch with interest rate of 5.31%, guaranteed by Feicheng Acid Chemicals Co. Ltd. maturing on October 14, 2011.                        |   |   | 1,547,269 |   |   |   | 1,512,447 |   |
|                                                                                                                                                                  |   |   |      |   |   |   |      |   |
| Loan from Bank of China Taian Branch with interest rate of 5.31%, guaranteed by Feicheng Acid Chemicals Co. Ltd. maturing on September 18, 2011.                      |   |   | 2,011,450 |   |   |   | 1,966,182 |   |
|                                                                                                                                                                  |   |   |      |   |   |   |      |   |
| Loan from Agricultural Bank of China Wenyang Branch with interest rate of 6.67%, guaranteed by Feicheng Golden Dragon Co., Ltd., Maturing on October 19, 2011.   |   |   | 1,547,269 |   |   |   | 1,512,448 |   |
|                                                                                                                                                                  |   |   |      |   |   |   |      |   |
| Loan from Agricultural Bank of China Wenyang Branch with interest rate of 0%, guaranteed by Feicheng Golden Dragon Co., Ltd., Maturing on December 28, 2011.     |   |   | 618,908   |   |   |   | 604,979   |   |
|                                                                                                                                                                  |   |   |      |   |   |   |      |   |
| Loan from Shanghai Pudong Development Bank Jinan Branch with interest rate of 6.06%, guaranteed by Feicheng Acid Chemicals Co. Ltd., Maturing on September 2, 2011.   |   |   | 6,189,076 |   |   |   | 6,049,790 |   |
|                                                                                                                                                                  |   |   |      |   |   |   |      |   |
| Loan from Citic Bank Qingdao Branch with interest rate of 6.67%, guaranteed by Mr. Lu Xingfu., Maturing on September 28, 2011.                                        |   |   | 3,094,538 |   |   |   | 3,024,896 |   |

----

| Loan from Shenzhen Development Bank Jinan Branch with interest rate of 6.06%, guaranteed by  Shangdong Ruitai Cellulose Co., Ltd., Maturing on November 26,2011.     |   |   | 4,641,807  |   |   |   | 4,537,342  |   |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------|------------|--------|--------|--------|------------|--------|
|                                                                                                                                                                      |   |   |       |   |   |   |       |   |
| Loan from Qingdao Bank Jinan Branch with interest rate of 6.67%, guaranteed by Feicheng Acid Chemicals Co. Ltd., Maturing on August 27, 2011.                             |   |   | 4,641,807  |   |   |   | 4,537,342  |   |
|                                                                                                                                                                      |   |   |       |   |   |   |       |   |
| Loan from China Communication Bank Tai'an Branch with interest rate of 6.44%, guaranteed by Shandong Acid Chemicals Co., Ltd. Maturing on November 18, 2011.              |   |   | 1,547,269  |   |   |   | -          |   |
|                                                                                                                                                                      |   |   |       |   |   |   |       |   |
| Loan from Feicheng Rural Credit Union with interest rate of 6.06%, guaranteed by Shandong Juyuan Mining Group Co. Ltd. & Mr. Lu Xingfu. Maturing on January 21, 2012. |   |   | 1,182,114  |   |   |   | -          |   |
|                                                                                                                                                                      |   |   |       |   |   |   |       |   |
| Loan from Feicheng Rural Credit Union with interest rate of 6.06%, guaranteed by Shandong Juyuan Mining Group Co. Ltd. & Mr. Lu Xingfu. Maturing on January 21, 2012. |   |   | 1,284,233  |   |   |   | -          |   |
|                                                                                                                                                                      |   |   |       |   |   |   |       |   |
| Loan from Feicheng Rural Credit Union with interest rate of 7.27%, guaranteed by Shandong Juyuan Mining Group Co. Ltd. & Mr. Lu Xingfu. Maturing on January 29, 2012. |   |   | 1,547,269  |   |   |   |       |   |
|                                                                                                                                                                      |   |   |       |   |   |   |       |   |
| Loan from Bank of China Taian Branch with interest rate of 6.06%, guaranteed by Feicheng Acid Chemicals Co. Ltd. Maturing on February 15, 2012.                           |   |   | 4,951,261  |   |   |   | -          |   |
|                                                                                                                                                                      |   |   |       |   |   |   |       |   |
| Loan from Bank of China Taian Branch with interest rate of 6.06%, guaranteed by Shangdong Acid Chemicals Co. Ltd. Maturing on February 16, 2012.                          |   |   | 1,392,543  |   |   |   | -          |   |
|                                                                                                                                                                      |   |   |       |   |   |   |       |   |
| Loan from Feicheng Rural Credit Union with interest rate of 6.31%, guaranteed by Shandong Acid Chemicals Co., Ltd. & Mr. Lu Xingfu. Maturing on May 16, 2012.         |   |   | 928,361    |   |   |   | -          |   |
|                                                                                                                                                                      |   |   |       |   |   |   |       |   |
| Loan from Agricultural Bank of China Wenyang Branch with interest rate of 7.57%, guaranteed by Shandong Acid Chemicals Co., Ltd., Maturing on May 19, 2012.          |   |   | 3,094,538  |   |   |   | -          |   |
|                                                                                                                                                                      |   |   |       |   |   |   |       |   |
|                                                                                                                                                                      |   | $      | 40,219,712 |   |   | $      | 42,339,454 |   |

----

| 12. | RELATED PARTY BALANCE TRANSACTIONS AND BALANCES |
|-----|-------------------------------------------------|

| 13. | NOTES PAYABLE |
|-----|---------------|

| 14. | OTHER PAYABLES |
|-----|----------------|

|                      |   | June 30, 2011 |      |   | December 31, 2010 |   |
|---------------------------|--------|-------------------------|-----------|--------|-----------------------------|--------|
|                      |   | (Unaudited)             |      |   |                        |   |
| Other taxes payable       |   | $                       | 2,465,145 |   |                        | $      | 1,458,147 |   |
| Payroll                   |   |                    | 157,062   |   |                        |   | 149,210 |   |
| Employee security deposit |   |                    | 25,584    |   |                        |   | 28,638 |   |
| Loan from third party     |   |                    | 554,430   |   |                        |   | 540,473 |   |
| Sales commission payable  |   |                    | 1,269,776 |   |                        |   | 1,260,692 |   |
| Accrued expenses          |   |                    | 109,356   |   |                        |   | 317,037 |   |
| Others                    |   |                    | 126,188   |   |                        |   | 118,352 |   |
|                      |   |                    |      |   |                        |   |   |   |
|                      |   | $                       | 4,707,541 |   |                        | $      | 3,872,549 |   |

----

| 15. | LOAN FROM EMPLOYEES |
|-----|---------------------|

| 16. | INCOME TAXES |
|-----|--------------|

| 17. | STATUTORY RESERVES |
|-----|--------------------|

----

| 18. | CONCENTRATIONS AND CREDIT RISKS |
|-----|---------------------------------|

| 19. | WARRANT |
|-----|---------|

| Grant DateStock Price |   |   | Exercise Price |   | Warrant Life |   | Risk FreeInterest Rate |   |   | Expected Volatility |   |
|---------------------------------|--------|--------|---------------------|--------|-------------------|--------|----------------------------------|--------|--------|--------------------------|--------|
| $                               | 2.90   |   |                | $      | 3.05              |   | 4 years                          |   |   | 2.00                     | %      |   |   | 51 | % |

----

| Grant DateStock Price |   |   | Exercise Price |   | Warrant Life |   | Risk FreeInterest Rate |   |   | Expected Volatility |   |
|---------------------------------|--------|--------|---------------------|--------|-------------------|--------|----------------------------------|--------|--------|--------------------------|--------|
| $                               | 4.00   |   |                | $      | 4.00              |   | 5 years                          |   |   | 2.00                     | %      |   |   | 51 | % |

| 20. | EARNINGS PER SHARE |
|-----|--------------------|

|                                                                                                  |   | Three Months Ended June 30, |       |
|-------------------------------------------------------------------------------------------------------|--------|-------------------------------------------------|------------|
|                                                                                                  |   | 2011                                            |       |   | 2010 |   |
|                                                                                                  |   | (unaudited)                                     |       |   | (unaudited) |   |
| Numerator used in basic net income per share:                                                         |   |                                            |       |   |   |   |   |   |
| Net income attributable to China Ruitai Shares                                                        |   | $                                               | 1,369,869  |   |   | $ | 1,416,917 |   |
| Weighted average common shares outstanding                                                            |   |                                            | 26,000,000 |   |   |   | 26,000,000 |   |
| Weighted average common shares outstanding used in computing diluted earnings per ordinary share |   |                                            | 26,000,000 |   |   |   | 26,000,000 |   |
|                                                                                                  |   |                                            |       |   |   |   |   |   |
| Earnings per common share-basic and diluted                                                           |   | $                                               | 0.05       |   |   | $ | 0.05 |   |

|                                                                                                  |   | Six Months Ended June 30, |       |
|-------------------------------------------------------------------------------------------------------|--------|-----------------------------------------------|------------|
|                                                                                                  |   | 2011                                          |       |   | 2010 |   |
|                                                                                                  |   | (unaudited)                                   |       |   | (unaudited) |   |
| Numerator used in basic net income per share:                                                         |   |                                          |       |   |   |   |   |   |
| Net income attributable to China Ruitai Shares                                                        |   | $                                             | 2,105,762  |   |   | $ | 3,356,447 |   |
| Weighted average common shares outstanding                                                            |   |                                          | 26,000,000 |   |   |   | 26,000,000 |   |
| Weighted average common shares outstanding used in computing diluted earnings per ordinary share |   |                                          | 26,000,000 |   |   |   | 26,000,000 |   |
|                                                                                                  |   |                                          |       |   |   |   |   |   |
| Earnings per common share-basic and diluted                                                           |   | $                                             | 0.08       |   |   | $ | 0.13 |   |

| 21. |  COMMITMENTS AND CONTINGENCIES |
|-----|-------------------------------------|

----

| Financial institutions                           |   | Amount |      | Duration |                                  | Borrower |
|-------------------------------------------------------|--------|--------|-----------|----------|---------------------------------------|----------|
| Agriculture development bank of China Feicheng branch |   | $      | 4,022,900 |     | May 11, 2010 to May 10, 2012     |     | Taipeng Group |
|                                                  |   |   |      |     |                                  |     |   |
| Bank of China Feicheng branch                         |   |   | 1,454,433 |     | October 21, 2010 to October 8,2011    |     | Shandong Acid Chemicals Ltd., Co. |
|                                                  |   |   |      |     |                                  |     |   |
| Bank of China Feicheng branch                         |   |   | 890,000   |     | October 23, 2010 to October 23, 2011  |     | Feicheng Acid Chemicals Ltd., Co. |
|                                                  |   |   |      |     |                                  |     |   |
| Bank of China Feicheng branch                         |   |   | 2,630,357 |     | October 13, 2010 to September 13,2011 |     | Taipeng Household Items Ltd., Co. |
|                                                  |   |   |      |     |                                  |     |   |
| Bank of China Feicheng branch                         |   |   | 1,036,670 |     | October 13, 2010 to September 13,2011 |     | Taipeng Nonwoven  Ltd., Co. |
|                                                  |   |   |      |     |                                  |     |   |
| Bank of China Feicheng branch                         |   |   | 464,181   |     | October 13, 2010 to September 13,2011 |     | Taipeng new material Ltd., Co. |
|                                                  |   |   |      |     |                                  |     |   |
| Bank of China Feicheng branch                         |   |   | 2,794,368 |     | October 13, 2010 to September 13,2011 |     | Feicheng Jinlong Textile  Ltd., Co. |
|                                                  |   |   |      |     |                                  |     |   |
| Bank of China Feicheng branch                         |   |   | 2,630,357 |     | November 12, 2010 to November 12,2011 |     | Shandong Yinbao Food  Ltd., Co. |
|                                                  |   |   |      |     |                                  |     |   |
| Bank of China Feicheng branch                         |   |   | 2,320,904 |     | January 20, 2011 to January 20,2012   |     | Shandong Yinbao Food  Ltd., Co. |
|                                                  |   |   |      |     |                                  |     |   |
| Shenzhen development bank Jinan branch                |   |   | 1,547,269 |     | June 2, 2011 to June 2,2012           |     | Shandong RunYin Biological Chemicals Co., Ltd. |

----

| Financial institutions               |   | Amount |       | Duration |                                 | Borrower |
|-------------------------------------------|--------|--------|------------|----------|--------------------------------------|----------|
| Shenzhen development bank Jinan branch    |   |   | 3,868,173  |     | May 10, 2010 to May 10, 2011    |     | Shandong Yinbao Food  Ltd., Co. |
|                                      |   |   |       |     |                                 |     |   |
| Bank of Communication Taian Branch        |   |   | 3,868,173  |     | May 21, 2011 to May 21, 2012    |     | Shandong Yinbao Food  Ltd., Co. |
|                                      |   |   |       |     |                                 |     |   |
| Agriculture bank of China Feicheng branch |   |   | 3,558,719  |     | October 27, 2010 to October 26, 2011 |     | Shandong Yinbao Food  Ltd., Co. |
|                                      |   | $      | 31,086,504 |     |                                 |     |   |

| Financial institutions |   | Amount |       | Duration |                                 | Borrower |
|-----------------------------|--------|--------|------------|----------|--------------------------------------|----------|
| Shenzhen development bank   |   | $      | 4,641,807  |     | August 24, 2010 to August 24, 2011   |     | Taipeng Nonwoven Ltd., Co. |
|                        |   |   |       |     |                                 |     |   |
| Industrial bank             |   |   | 6,189,076  |     | March 20,2011 to September 20, 2011  |     | Feicheng Acid Chemicals Ltd., Co. |
|                        |   |   |       |     |                                 |     |   |
| Shenzhen development bank   |   |   | 3,094,538  |     | October 26, 2010 to October 26, 2011 |     | Shandong Lulong Group Ltd., Co. |
|                        |   | $      | 13,925,421 |     |                                 |     |   |

| 22. | SUBSEQUENT EVENT |
|-----|------------------|

| ITEM 2. | MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS |
|--------------|---------------------------------------------------------------------------------------------|

----

----

----

----

----

| ITEM 3. | QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK |
|---------|------------------------------------------------------------|

| ITEM 4. | CONTROLS AND PROCEDURES |
|--------------|-------------------------|

----

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

| ITEM 1A. | RISK FACTORS |
|---------------|--------------|

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

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

| ITEM 4. | (REMOVED AND RESERVED) |
|--------------|------------------------|

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

| ITEM 6. | EXHIBITS |
|--------------|----------|

|   | (a) | The following exhibits are filed herewith: |
|--------|-----|--------------------------------------------|

| ExhibitNumber |   | Description                                                                                             |
|---------------|--------|---------------------------------------------------------------------------------------------------------|
| 31.1          |   | Certification of Principal Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002. |
| 31.2          |   | Certification of Principal Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002. |
| 32.1          |   | Certification of Principal Executive Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002. |
| 32.2          |   | Certification of Principal Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002. |

----

|                  | CHINA RUITAI INTERNATIONAL HOLDINGS CO., LTD. |
|-----------------------|-----------------------------------------------|
|                  |                                          |
| Date: August 15, 2011 | By:                                           | /s/ Dian Min Ma |
|                  |                                          | Dian Min Ma, Chief Executive Officer(Principal Executive Officer) |
|                  |                                          |   |
| Date: August 15, 2011 | By:                                           | /s/ Gang Ma |
|                  |                                          | Gang Ma, Chief Financial Officer(Principal Financial Officer and Chief Accounting Officer) |

----