----

| Nevada                                                         |   | 45-0713638                           |
|----------------------------------------------------------------|--------|--------------------------------------|
| (State or other jurisdiction of incorporation or organization) |   | (I.R.S. Employer Identification No.) |

| Large accelerated filer ☐ | Accelerated filer ☐ | Non-accelerated filer ☐ | Smaller reporting company ☒ |
|---------------------------------|--------------------------------|-------------------------------|-----------------------------------|

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|     |   |                                                                                                               | Page No. |
|----------|--------|--------------------------------------------------------------------------------------------------------------------|----------|
|     |   | PART I                                                                                                        |     |
| Item 1.  |   | Business                                                                                                           | 4        |
| Item 1A. |   | Risk Factors                                                                                                       | 12       |
| Item 1B. |   | Unresolved Staff Comments                                                                                          | 12       |
| Item 2.  |   | Properties                                                                                                         | 12       |
| Item 3.  |   | Legal Proceedings                                                                                                  | 12       |
| Item 4.  |   | Mine Safety Disclosures                                                                                            | 12       |
|     |   | PART II                                                                                                            |     |
| Item 5.  |   | Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities | 13       |
| Item 6.  |   | Selected Financial Data                                                                                            | 15       |
| Item 7.  |   | Management’s Discussion and Analysis of Financial Condition and Results of Operations                        | 15       |
| Item 7A. |   | Quantitative and Qualitative Disclosures About Market Risk                                                         | 19       |
| Item 8.  |   | Financial Statements and Supplementary Data                                                                        | 20       |
| Item 9.  |   | Changes in and Disagreements with Accountants on Accounting and Financial Disclosure                               | 21       |
| Item 9A. |   | Controls and Procedures                                                                                            | 21       |
| Item 9B. |   | Other Information                                                                                                  | 22       |
|     |   | PART III                                                                                                           |     |
| Item 10. |   | Directors, Executive Officers and Corporate Governance                                                             | 23       |
| Item 11. |   | Executive Compensation                                                                                             | 26       |
| Item 12. |   | Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters                     | 28       |
| Item 13. |   | Certain Relationships and Related Transactions, and Director Independence                                          | 29       |
| Item 14. |   | Principal Accounting Fees and Services                                                                             | 31       |
|     |   | PART IV                                                                                                            |     |
| Item 15. |   | Exhibits and Financial Statement Schedules                                                                         | 32       |
|     |   | Signatures                                                                                                         | 33       |

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|  | · | The availability and adequacy of our cash flow to meet our requirements; |
|--|--------|--------------------------------------------------------------------------|

|  | · | Economic, competitive, demographic, business and other conditions in our local and regional markets; |
|--|--------|------------------------------------------------------------------------------------------------------|

|  | · | Changes or developments in laws, regulations or taxes in our industry; |
|--|--------|------------------------------------------------------------------------|

|  | · | Actions taken or omitted to be taken by third parties including our suppliers and competitors, as well as legislative, regulatory, judicial and other governmental authorities; |
|--|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | · | Competition in our industry; |
|--|--------|------------------------------|

|  | · | The loss of or failure to obtain any license or permit necessary or desirable in the operation of our business; |
|--|--------|-----------------------------------------------------------------------------------------------------------------|

|  | · | Changes in our business strategy, capital improvements or development plans; |
|--|--------|------------------------------------------------------------------------------|

|  | · | The availability of additional capital to support capital improvements and development; and |
|--|--------|---------------------------------------------------------------------------------------------|

|  | · | Other risks identified in this report and in our other filings with the Securities and Exchange Commission or the SEC. |
|--|--------|------------------------------------------------------------------------------------------------------------------------|

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| Item 1. | Business |
|---------|----------|

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----

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| Products  The Company’s current products include 18650-2000mAh lithium ion batteries for use in lithium cell electronic bicycles, balance cars, scooters, electric vehicles, special vehicles at low speed, energy storage, and other products. The 18650 -200mAh battery cell is a commodity format cell based on standardized specifications for product dimensions, however, the Company is able to and provides custom solutions based on the needs of customers regarding capacity and performance.   The product specifications for our 18650-2000mAH battery, pictured to the right, are set forth in the table below: |   |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|

| Items                     | Rated Performance | Remarks                                         |
|---------------------------|-------------------|-------------------------------------------------|
| Rated Capacity            | 2000mAh           | 1 C5Astandard charging1 C5Astandard discharging |
| Minimum Capacity          | 2000mAh           |
| Nominal Voltage           | 3.7V              | working voltage                                 |
| Discharge cut-off voltage | 2.75V             |                                            |
| Charge voltage            | 4.2V              |                                            |
| AC Impedance              | ≤26mΩ  |                                            |

----

| Standard Charging method               | 0.5 C5A CC(constant current) charge to 4.2V, then CV (constant voltage 4.2V) charge till charge current decline to 0.01 C5A | Charging time:Approximately 3.5h          |
|----------------------------------------|-----------------------------------------------------------------------------------------------------------------------------|--------------------------------------------------|
| Standard Discharge method              | 0.5 C5A. electric constant exile to 2.25V                                                                                   |                                             |
| Fast charging                          | Continuous ChargeCurrent:1 C5AContinuous Chargevoltage:4.2VDecline Charge voltage:0.01 C5A             | Charging time:Approximately 90min         |
| Maximum Continuous DischargeCurrent    | 3C5A                                                                                                                        |                                             |
| Max. Discharge Current                 | 5C5A                                                                                                                        |                                             |
| Operation Temperature Range            | Charge:0~45°C                                                                                                   | 60±25%R.HSingle cell storage humidity range |
| Discharge: -20~55°C               |
| Storage T/H Range                      | Less than one year:-20~25°C                                                                                     | 60±25%R.HShipment status humidity range for |
| Less than 3 month:-20~35°C |
| Weigh                                  | Approximately:44g                                                                                                    |                                             |
| Product Dimension                      | Height(Max):65.5mm                                                                                                   | Initial dimension                                |

----

----

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|  | · | customer service, |
|--|--------|-------------------|

|  | · | product pricing, and |
|--|--------|----------------------|

|  | · | product performance, reliability and safety. |
|--|--------|----------------------------------------------|

| lithium manganate(Li-Mn)*                               |   | lithium nickel manganese cobalt(Li-NiCoMn)* |
|----------------------------------------------------------------|--------|--------------------------------------------------------------------------|
| Anhui Aland New Energy Materials Co.,Ltd.                      |   | Xinxiang Zhongtian Luminous Materials Co.,Ltd.                           |
| Guangzhou Guanggang New Energy Technology Co.,Ltd.             |   | Xinxiang Jinrun Science and Technology Co.,Ltd.                          |
| Zhejiang New Era Haichuang Lithium Battery Technology Co.,Ltd. |   | Jiaozuo Banlv Na-No Material Engineering Company Limited                 |
| Long Power Systems (Suzhou) Co.,Ltd.                           |   |                                                                     |

----

| Item 1A. | Risk Factors |
|----------|--------------|

| Item 1B. | Unresolved Staff Comments |
|----------|---------------------------|

| Item 2. | Properties |
|---------|------------|

| Item 3. | Legal Proceedings |
|---------|-------------------|

| Item 4. | Mine Safety Disclosure |
|---------|------------------------|

----

| Item 5. | Market for Registrant’s Common Equity, Related Stockholder Matters and Small Business Issuer Purchases of Equity Securities |
|---------|-----------------------------------------------------------------------------------------------------------------------------------|

| Fiscal Quarter                                      |   | High   |   |   | Low    |   |
|-----------------------------------------------------|--------|--------|--------|--------|--------|--------|
| First Quarter (Jul. 1, 2014 – Sept. 30, 2014) |   | $      | -      |   |   | $      | - |   |
| Second Quarter (Oct. 1, 2014 – Dec. 31, 2014) |   |   | -      |   |   |   | - |   |
| Third Quarter (Jan. 1, 2015 – Mar. 31, 2015)  |   |   | -      |   |   |   | - |   |
| Fourth Quarter (Apr. 1, 2015 – Jun. 30, 2015) |   |   | 0.50   |   |   |   | 0.25 |   |
|                                                |   |   |   |   |   |   |   |   |
| First Quarter (Jul. 1, 2015 – Sept. 30, 2015) |   | $      | 0.55   |   |   | $      | 0.25 |   |
| Second Quarter (Oct. 1, 2015 – Dec. 31, 2015) |   |   | 0.55   |   |   |   | 0.55 |   |
| Third Quarter (Jan. 1, 2016 – Mar. 31, 2016)  |   |   | 6.00   |   |   |   | 0.10 |   |
| Fourth Quarter (Apr. 1, 2016 – Jun. 30, 2016) |   |   | 5.00   |   |   |   | 5.00 |   |

----

----

| Item 6. | Selected Financial Data |
|---------|-------------------------|

| Item 7. | Management’s Discussion and Analysis of Financial Condition and Results of Operation |
|---------|--------------------------------------------------------------------------------------------|

----

----

| Audit and accounting                                |   |   | 30,000  |   |
|-----------------------------------------------------|--------|--------|---------|--------|
| Legal Consulting fees                               |   |   | 50,000  |   |
| Salary and wages                                    |   |   | 30,000  |   |
| Edgar/XBRL filing, transfer agent and miscellaneous |   |   | 40,000  |   |
| Total                                               |   | $      | 150,000 |   |

----

|                                            |   | 2016   |   |
|-------------------------------------------------|--------|--------|--------|
| Balance sheet items, except for equity accounts |   |   | 6.6312 |   |
| Items in statements of income and cash flows    |   |   | 6.3120 |   |

----

| Item 7A. | Quantitative and Qualitative Disclosure About Market Risk |
|----------|-----------------------------------------------------------|

----

| Item 8. | Financial Statements and Supplementary Data |
|---------|---------------------------------------------|

| Financial Statements                                                                                                  |   | Page |
|-----------------------------------------------------------------------------------------------------------------------|--------|------|
| Reports of Independent Registered Public Accounting Firm                                                              |   | F-1  |
| Consolidated Balance Sheets as of June 30, 2016 and 2015 (Restated)                                                   |   | F-2  |
| Consolidated Statements of Comprehensive Loss for the years ended June 30, 2016 and 2015 (Restated)                   |   | F-3  |
| Consolidated Statements of Stockholders’ Equity (Deficit) for the years ended June 30, 2016 and 2015 (Restated) |   | F-4  |
| Consolidated Statements of Cash Flows for the years ended June 30, 2016 and 2015 (Restated)                           |   | F-5  |
| Notes to Consolidated Financial Statements                                                                            |   | F-6  |

----

----

|                                                                                                                                                  |   | June 30, 2016 |      |   | June 30, 2015 |   |
|-------------------------------------------------------------------------------------------------------------------------------------------------------|--------|---------------|-----------|--------|---------------|--------|
| ASSETS                                                                                                                                                |   |          |      |   | (Restated)    |   |
|                                                                                                                                                  |   |          |      |   |          |   |
| Current Assets:                                                                                                                                       |   |          |      |   |          |   |
| Cash                                                                                                                                                  |   | $             | 74,388    |   |          | $      | 691 |   |
| Restricted cash                                                                                                                                       |   |          | 194,836   |   |          |   | - |   |
| Accounts receivable, net of allowance for doubtful accounts of $71,318 and $0                                                                         |   |          | 1,481,495 |   |          |   | - |   |
| Inventory                                                                                                                                             |   |          | 248,454   |   |          |   | - |   |
| Deferred tax assets                                                                                                                                   |   |          | 22,850    |   |          |   | - |   |
| Advances to suppliers                                                                                                                                 |   |          | 167,198   |   |          |   | - |   |
| Total Current Assets                                                                                                                                  |   |          | 2,189,221 |   |          |   | 691 |   |
| Total Assets                                                                                                                                          |   | $             | 2,189,221 |   |          | $      | 691 |   |
|                                                                                                                                                  |   |          |      |   |          |   |   |   |
| LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT)                                                                                                  |   |          |      |   |          |   |   |   |
|                                                                                                                                                  |   |          |      |   |          |   |   |   |
| Current Liabilities:                                                                                                                                  |   |          |      |   |          |   |   |   |
| Accounts payable                                                                                                                                      |   | $             | 774,029   |   |          | $      | - |   |
| Bank acceptance bill                                                                                                                                  |   |          | 194,836   |   |          |   | - |   |
| Due to related parties                                                                                                                                |   |          | 1,131,158 |   |          |   | - |   |
| Other current liabilities                                                                                                                             |   |          | 44,308    |   |          |   | - |   |
| Tax payable                                                                                                                                           |   |          | 31,792    |   |          |   | - |   |
| Current liability of discontinued operation                                                                                                           |   |          | -         |   |          |   | 177,602 |   |
| Total Current Liabilities                                                                                                                             |   |          | 2,176,123 |   |          |   | 177,602 |   |
|                                                                                                                                                  |   |          |      |   |          |   |   |   |
| COMMITMENT AND CONTINGENCIES                                                                                                                          |   |          |      |   |          |   |   |   |
|                                                                                                                                                  |   |          |      |   |          |   |   |   |
| Stockholders’ Equity (Deficit):                                                                                                                 |   |          |      |   |          |   |   |   |
|                                                                                                                                                  |   |          |      |   |          |   |   |   |
| Common stock, 195,000,000 shares authorized,$.0001 par value; 99,003,000 shares issued and outstanding at June 30, 2016 and 2015                      |   |          | 9,900     |   |          |   | 9,900 |   |
| Preferred stock,5,000,000 shares authorized,$.0001 par value; 5,000,000 and zero shares issuedand outstanding at June 30, 2016 and 2015, respectively |   |          | 500       |   |          |   | - |   |
| Additional paid in capital                                                                                                                            |   |          | 237,246   |   |          |   | 3,661 |   |
| Accumulated deficit                                                                                                                                   |   |          | (234,903  | )      |          |   | (190,472 | ) |
| Accumulated other comprehensive income                                                                                                                |   |          | 355       |   |          |   | - |   |
| Total stockholders’ equity (deficit)                                                                                                            |   |          | 13,098    |   |          |   | (176,911 | ) |
| Total Liabilities and Stockholders’ Equity (Deficit)                                                                                            |   | $             | 2,189,221 |   |          | $      | 691 |   |

----

|                                                                        |   | For the years ended June 30, |       |
|------------------------------------------------------------------------|--------|------------------------------|------------|
|                                                                   |   | 2016                         |       |   | 2015 |   |
|                                                                   |   |                         |       |   | (Restated) |   |
| Revenues                                                               |   | $                            | 1,970,345  |   |   | $ | - |   |
| Cost of revenues                                                       |   |                         | 1,844,471  |   |   |   | - |   |
| Gross profit                                                           |   |                         | 125,874    |   |   |   | - |   |
|                                                                   |   |                         |       |   |   |   |   |   |
| Expenses:                                                              |   |                         |       |   |   |   |   |   |
| General and administrative                                             |   |                         | 147,470    |   |   |   | - |   |
| Selling expenses                                                       |   |                         | 11,138     |   |   |   | - |   |
| Total operating expenses                                               |   |                         | 158,608    |   |   |   | - |   |
| Net loss from continuing operation before provision for income taxes   |   |                         | (32,734    | ) |   |   | - |   |
| Provision for income taxes                                             |   |                         | 5,158      |   |   |   | - |   |
| Net loss from continuing operation                                     |   |                         | (37,892    | ) |   |   | - |   |
|                                                                   |   |                         |       |   |   |   |   |   |
|                                                                   |   |                         |       |   |   |   |   |   |
| Loss from discontinued operation                                       |   |                         | (6,539     | ) |   |   | (116,282 | ) |
| Net Loss                                                               |   |                         | (44,431    | ) |   |   | (116,282 | ) |
|                                                                   |   |                         |       |   |   |   |   |   |
|                                                                   |   |                         |       |   |   |   |   |   |
| Other comprehensive income                                             |   |                         |       |   |   |   |   |   |
| Foreign currency translation adjustment                                |   |                         | 355        |   |   |   | - |   |
|                                                                   |   |                         |       |   |   |   |   |   |
| Comprehensive loss                                                     |   | $                            | (44,076    | ) |   | $ | (116,282 | ) |
|                                                                   |   |                         |       |   |   |   |   |   |
| Loss Per Share -                                                       |   |                              |            |   |   |  |  |   |
| Basic and Diluted-continuing operation                                 |   | $                            | 0.00       |   |   | $ | 0.00 |   |
| -discontinued operation                                                |   | $                            | 0.00       |   |   | $ | 0.00 |   |
| Total Loss per share                                                   |   | $                            | 0.00       |   |   | $ | 0.00 |   |
|                                                                   |   |                         |       |   |   |   |   |   |
| Weighted average number of common shares outstanding-Basic and Diluted |   |                         | 99,003,000 |   |   |   | 99,003,000 |   |

----

|                                    |   | Preferred Stock |      |   | Common Stock |   |   | AdditionalPaid in capital |   |   |  Accumulatedothercomprehensive income |   |   |  Accumulated Deficit |   |   | Total  |   |
|-----------------------------------------|--------|-----------------|-----------|--------|--------------|--------|--------|---------------------------|--------|--------|--------------------------------------------|--------|--------|---------------------------|--------|--------|--------|--------|
|                                    |   | Shares          |      |   | Amount       |   |   | Shares                    |   |   | Amount                                     |   |   |                      |   |   |   |   |   |   |
|                                    |   |            |      |   |         |   |   |                      |   |   |                                       |   |   |                      |   |   |   |   |   |   |   |   |   |   |
| Balance June 30, 2014                   |   |            | -         |   |         | $      | -      |                      |   |   | 99,003,000                                 |   |   | $                         | 9,900  |   |   | $      | 3,661 |   |   |   | - |   |   | $ | (74,190 | ) |   | $ | (60,629 | ) |
|                                    |   |            |      |   |         |   |   |                      |   |   |                                       |   |   |                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                    |   |            |      |   |         |   |   |                      |   |   |                                       |   |   |                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net loss (Restated)                     |   |            | -         |   |         |   | -      |                      |   |   | -                                          |   |   |                      | -      |   |   |   | - |   |   |   | - |   |   |   | (116,282 | ) |   |   | (116,282 | ) |
|                                    |   |            |      |   |         |   |   |                      |   |   |                                       |   |   |                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Balance June 30, 2015 (Restated)        |   |            | -         |   |         |   | -      |                      |   |   | 99,003,000                                 |   |   |                      | 9,900  |   |   |   | 3,661 |   |   |   | - |   |   |   | (190,472 | ) |   |   | (176,911 | ) |
|                                    |   |            |      |   |         |   |   |                      |   |   |                                       |   |   |                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Shares issued for cash                  |   |            | 5,000,000 |   |         |   | 500    |                      |   |   | -                                          |   |   |                      | -      |   |   |   | 49,500 |   |   |   | - |   |   |   | - |   |   |   | 50,000 |   |
|                                    |   |            |      |   |         |   |   |                      |   |   |                                       |   |   |                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Forgiveness of stockholder loan         |   |            | -         |   |         |   | -      |                      |   |   | -                                          |   |   |                      | -      |   |   |   | 184,085 |   |   |   | - |   |   |   | - |   |   |   | 184,085 |   |
|                                    |   |            |      |   |         |   |   |                      |   |   |                                       |   |   |                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net loss                                |   |            | -         |   |         |   | -      |                      |   |   | -                                          |   |   |                      | -      |   |   |   | - |   |   |   | - |   |   |   | (44,431 | ) |   |   | (44,431 | ) |
|                                    |   |            |      |   |         |   |   |                      |   |   |                                       |   |   |                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Foreign currency translation adjustment |   |            | -         |   |         |   | -      |                      |   |   | -                                          |   |   |                      | -      |   |   |   | - |   |   |   | 355 |   |   |   | - |   |   |   | 355 |   |
|                                    |   |            |      |   |         |   |   |                      |   |   |                                       |   |   |                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Balance June 30, 2016                   |   |            | 5,000,000 |   |         | $      | 500    |                      |   |   | 99,003,000                                 |   |   | $                         | 9,900  |   |   | $      | 237,246 |   |   | $ | 355 |   |   | $ | (234,903 | ) |   | $ | 13,098 |   |

----

|                                                                                           |   | For the yearsended June 30, |       |
|------------------------------------------------------------------------------------------------|--------|-----------------------------|------------|
|                                                                                           |   | 2016                        |       |   | 2015 |   |
|  CASH FLOWS FROM OPERATING ACTIVITIES:                                                    |   |                        |       |   | (Restated) |   |
| Net loss                                                                                       |   | $                           | (44,431    | ) |   | $ | (116,282 | ) |
| Net loss from discontinued operation                                                           |   |                        | (6,539     | ) |   |   | (116,282 | ) |
| Net loss from continuing operation                                                             |   |                        | (37,892    | ) |   |   | - |   |
| Adjustments required to reconcile net loss to net cash used in operating activities: |   |                        |       |   |   |   |   |   |
| Deferred tax asset                                                                             |   |                        | (22,850    | ) |   |   | - |   |
| Allowance for doubtful accounts                                                                |   |                        | 74,924     |   |   |   | - |   |
| Changes in assets and liabilities:                                                             |   |                        |       |   |   |   | - |   |
| Increases in accounts receivable                                                               |   |                        | (1,631,340 | ) |   |   | - |   |
| Increases in inventory                                                                         |   |                        | (261,019   | ) |   |   | - |   |
| Increases in advance to suppliers                                                              |   |                        | (175,648   | ) |   |   | - |   |
| Increases in accounts payable                                                                  |   |                        | 813,172    |   |   |   | - |   |
| Increases in bank acceptance bill                                                              |   |                        | 204,689    |   |   |   | - |   |
| Increases in other current liabilities                                                         |   |                        | 46,091     |   |   |   | - |   |
| Increases in tax payable                                                                       |   |                        | 33,400     |   |   |   | - |   |
| Net cash used in continuing operation                                                          |   |                        | (956,473   | ) |   |   | - |   |
| Net cash used in discontinued operation                                                        |   |                        | (14,039    | ) |   |   | (23,726 | ) |
| Net cash used in operating activities                                                          |   |                        | (970,512   | ) |   |   | (23,726 | ) |
|                                                                                           |   |                        |       |   |   |   |   |   |
| CASH FLOWS FROM FINANCING ACTIVITIES                                                           |   |                        |       |   |   |   |   |   |
| Increase in restricted cash                                                                    |   |                        | (204,689   | ) |   |   | - |   |
| Issuance of preferred shares                                                                   |   |                        | 50,000     |   |   |   | - |   |
| Proceeds from related parties loans                                                            |   |                        | 1,185,655  |   |   |   | - |   |
| Net cash provided by continuing operation                                                      |   |                        | 1,030,966  |   |   |   | - |   |
| Net cash provided by discontinued operation                                                    |   |                        | 13,983     |   |   |   | 24,336 |   |
| Net cash provided by financing activities                                                      |   |                        | 1,044,949  |   |   |   | 24,336 |   |
|                                                                                           |   |                        |       |   |   |   |   |   |
|  Effect of exchange rate changes on cash and cash equivalents                             |   |                        | (740       | ) |   |   | - |   |
|                                                                                           |   |                        |       |   |   |   |   |   |
| Net increase in cash                                                                           |   |                        | 73,697     |   |   |   | 610 |   |
|                                                                                           |   |                        |       |   |   |   |   |   |
| Cash balance, beginning of year                                                                |   |                        | 691        |   |   |   | 81 |   |
|                                                                                           |   |                        |       |   |   |   |   |   |
| Cash balance, end of year                                                                      |   | $                           | 74,388     |   |   | $ | 691 |   |
|                                                                                           |   |                        |       |   |   |   |   |   |
| Supplemental disclosure of cash flow information:                                              |   |                        |       |   |   |   |   |   |
| Cash paid for income tax                                                                       |   | $                           | 2,390      |   |   | $ | - |   |
| Cash paid for interest                                                                         |   | $                           | -          |   |   | $ | - |   |

----

----

----

----

|                                            |   | June 30, 2016 |   |
|-------------------------------------------------|--------|---------------|--------|
| Balance sheet items, except for equity accounts |   |          | 6.6312 |   |
| Items in statements of income and cash flows    |   |          | 6.3120 |   |

----

|                                         |   | Years Ended June 30, |   |
|----------------------------------------------|--------|----------------------|--------|
|                                         |   | 2016                 |   |   | 2015 |   |
| Revenue                                      |   | $                    | -      |   |   | $ | - |   |
| Cost of revenue                              |   |                 | -      |   |   |   | - |   |
| Gross profit                                 |   |                 | -      |   |   |   | - |   |
| Selling, general and administrative expenses |   |                 | 6,539  |   |   |   | 116,282 |   |
| Loss before income taxes                     |   |                 | (6,539 | ) |   |   | (116,282 | ) |
| Provision for income taxes                   |   |                 | -      |   |   |   | - |   |
| Loss from discontinued operations            |   | $                    | (6,539 | ) |   | $ | (116,282 | ) |

----

|                |   | As of June 30, |    |
|---------------------|--------|----------------|---------|
|                |   | 2016           |    |   | 2015 |   |
| Work-in-process     |   | $              | 248,154 |   |   | $ | - |   |
| Packaging materials |   |           | 300     |   |   |   | - |   |
|                |   | $              | 248,454 |   |   | $ | - |   |
|       |   | Revenue |      |   | Percentage of revenue |   |   | Accountsreceivable |   |   | Percentage of accounts receivable |   |
|------------|--------|---------|-----------|--------|-----------------------|--------|--------|--------------------|--------|--------|-----------------------------------|--------|
|       |   |    |      |   |                  |   |   |               |
| Customer A |   | $       | 1,480,073 |   |                  |   | 75     | %                  |   | $      | 1,267,274                         |   |   |   | 86 | % |
| Customer B |   |    | 368,162   |   |                  |   | 19     | %                  |   |   | 214,221                           |   |   |   | 14 | % |
| Total      |   | $       | 1,848,235 |   |                  | $      | 94     | %                  |   | $      | 1,481,495                         |   |   |   | 100 | % |

----

|                     | Total Purchase |   | Percentage of total purchase |   | Accountspayable/Due to related parties |   | Percentage ofaccounts payable |   |
|--------------------------|----------------|--------|------------------------------|--------|----------------------------------------|--------|-------------------------------|--------|
|                     |           |   |                         |   |                                   |   |                          |   |
| Supplier A-related party |           | $      | 720,078                      |   |                                   |   | 34                            | %      |   | $ | 528,720 |   |   |   | N/A |   |
| Supplier B               |           |   | 452,807                      |   |                                   |   | 22                            | %      |   |   | 416,810 |   |   |   | 54 | % |
| Total                    |           | $      | 1,172,885                    |   |                                   |   | 56                            | %      |   | $ | 945,530 |   |   |   | 54 | % |

----

|                                       |   | For the year ended June 30, |    |
|--------------------------------------------|--------|-----------------------------|---------|
|                                       |   | 2016                        |    |   | 2015 |   |
|                                       |   |                        |    |   |   |   |
| U.S. Statutory rate                        |   | $                           | (13,746 | ) |   | $ | (40,699 | ) |
| Tax rate difference between China and U.S. |   |                        | 4,046   |   |   |   | - |   |
| Change in Valuation Allowance              |   |                        | 12,569  |   |   |   | 40,699 |   |
| Expiration of net loss carryforward        |   |                        | 2,289   |   |   |   | - |   |
| Effective tax provision                    |   | $                           | 5,158   |   |   | $ | - |   |
|     |   | For the year ended June 30, |    |
|----------|--------|-----------------------------|---------|
|     |   | 2016                        |    |   | 2015 |   |
| Current  |   | $                           | 28,008  |   |   | $ | - |   |
| Deferred |   |                        | (22,850 | ) |   |   | - |   |
| Total    |   | $                           | 5,158   |   |   | $ | - |   |
|                            |   | As of June 30, |    |
|---------------------------------|--------|----------------|---------|
|                            |   | 2016           |    |   | 2015 |   |
| Net operating loss carryforward |   | $              | 12,569  |   |   | $ | 66,665 |   |
| Bad debt provision              |   |           | 18,731  |   |   |   | - |   |
| Others                          |   |           | 4,119   |   |   |   | - |   |
|                            |   |           | 35,419  |   |   |   | 66,665 |   |
| Less valuation allowance        |   |           | (12,569 | ) |   |   | (66,665 | ) |
| Deferred tax assets             |   | $              | 22,850  |   |   | $ | - |   |

----

----

|                              | Consolidated Balance Sheet as of June 30, 2015 |   |
|-----------------------------------|------------------------------------------------|--------|
|                              | Previously                                     |   |   |   |   |   |
|                              | Reported                                       |   | Adjustments |   | As Adjusted |   |
|                              |                                           |   |   |   |   |   |
| License fee receivable            |                                           | $      | 60,000 |   |   | $ | (60,000 | ) |   | $ | - |   |
| Total current assets              |                                           | $      | 60,691 |   |   | $ | (60,000 | ) |   | $ | 691 |   |
| Intangible asset                  |                                           | $      | 54,475 |   |   | $ | (54,475 | ) |   | $ | - |   |
| Total other assets                |                                           | $      | 54,475 |   |   | $ | (54,475 | ) |   | $ | - |   |
| Deferred revenue                  |                                           | $      | 60,000 |   |   | $ | (60,000 | ) |   | $ | - |   |
| Total current liabilities         |                                           | $      | 237,602 |   |   | $ | (60,000 | ) |   | $ | 177,602 |   |
| Accumulated deficit               |                                           | $      | (135,997 | ) |   | $ | (54,475 | ) |   | $ | (190,472 | ) |
| Total stockholders’ deficit |                                           | $      | (122,436 | ) |   | $ | (54,475 | ) |   | $ | (176,911 | ) |
|                   | Consolidated Statement of Comprehensive Loss |   |
|------------------------|----------------------------------------------|--------|
|                   | for the Year Ended June 30, 2015             |   |
|                   | Previously                                   |   |   |   |   |   |
|                   | Reported                                     |   | Adjustments |   | As Adjusted |   |
|                   |                                         |   |   |   |   |   |
| Operating expenses     |                                         | $      | 61,807 |   |   | $ | 54,475 |   |   | $ | 116,282 |   |
| Loss before income tax |                                         | $      | (61,807 | ) |   | $ | (54,475 | ) |   | $ | (116,282 | ) |
| Net loss               |                                         | $      | (61,807 | ) |   | $ | (54,475 | ) |   | $ | (116,282 | ) |
|                        | Consolidated Statement of Stockholders' Equity (Deficit) |   |
|-----------------------------|----------------------------------------------------------|--------|
|                        | for the Year Ended June 30, 2015                         |   |
|                        | Previously                                               |   |   |   |   |   |
|                        | Reported                                                 |   | Adjustments |   | As Adjusted |   |
|                        |                                                     |   |   |   |   |   |
| Net loss                    |                                                     | $      | (61,807 | ) |   | $ | (54,475 | ) |   | $ | (116,282 | ) |
| Total stockholders' deficit |                                                     | $      | (122,436 | ) |   | $ | (54,475 | ) |   | $ | (176,911 | ) |

----

| Item 9A. | Controls and Procedures |
|----------|-------------------------|

----

| Item 9B. | Other Information |
|----------|-------------------|

----

| Item 10. | Directors, Executive Officers and Corporate Governance |
|----------|--------------------------------------------------------|

| Name       | Age |   | Position                                                     | Date of Appointment |
|------------|-----|--------|--------------------------------------------------------------|---------------------|
| Doris Zhou | 34  |   | Chief Executive Officer, Secretary, Treasurer, and Director. | November 20, 2015   |
| Yue Kou    | 42  |   | Chief Financial Officer                                      | May 27, 2016        |
| Name          | Age |   | Position               | Date of Appointment |
|---------------|-----|--------|------------------------|---------------------|
| Qingchun Yang | 53  |   | President and Director | February 17, 2016   |
| Name        | Age |   | Position                     | Date of Appointment |
|-------------|-----|--------|------------------------------|---------------------|
| Zhengfu Nan | 23  |   |  President and Director | August 19, 2016     |
| Name            | Age |   | Position               | Date of Appointment |
|-----------------|-----|--------|------------------------|---------------------|
| Guo’En Li | 51  |   | President and Director | May 27, 2016        |

----

----

|  | (1) | A petition under the Federal bankruptcy laws or any state insolvency law which was filed by or against, or a receiver, fiscal agent or similar officer was appointed by a court for the business or property of such person, or any partnership in which he was a general partner at or within two years before the time of such filing, or any corporation or business association of which he was an executive officer at or within two years before the time of such filing; |
|--|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | (2) | Such person was convicted in a criminal proceeding or is a named subject of a pending criminal proceeding (excluding traffic violations and other minor offenses); |
|--|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | (3) | Such person was the subject of any order, judgment, or decree, not subsequently reversed, suspended or vacated, of any court of competent jurisdiction, permanently or temporarily enjoining him from, or otherwise limiting, the following activities: |
|--|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | (4) | Such person was the subject of any order, judgment or decree, not subsequently reversed, suspended or vacated, of any Federal or State authority barring, suspending or otherwise limiting for more than 60 days the right of such person to engage in any activity described in paragraph (f)(3)(i) of this section, or to be associated with persons engaged in any such activity; |
|--|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | (5) | Such person was found by a court of competent jurisdiction in a civil action or by the Commission to have violated any Federal or State securities law, and the judgment in such civil action or finding by the Commission has not been subsequently reversed, suspended, or vacated; |
|--|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | (6) | Such person was found by a court of competent jurisdiction in a civil action or by the Commodity Futures Trading Commission to have violated any Federal commodities law, and the judgment in such civil action or finding by the Commodity Futures Trading Commission has not been subsequently reversed, suspended or vacated; |
|--|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | (7) | Such person was the subject of, or a party to, any Federal or State judicial or administrative order, judgment, decree, or finding, not subsequently reversed, suspended or vacated, relating to an alleged violation of: |
|--|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|  | (8) | Such person was the subject of, or a party to, any sanction or order, not subsequently reversed, suspended or vacated, of any self-regulatory organization (as defined in Section 3(a)(26) of the Exchange Act (15 U.S.C. 78c(a)(26))), any registered entity (as defined in Section 1(a)(29) of the Commodity Exchange Act (7 U.S.C. 1(a)(29))), or any equivalent exchange, association, entity or organization that has disciplinary authority over its members or persons associated with a member. |
|--|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| Name and Principal Position                                            | YearEndedJune 30, | Salary ($) | Bonus ($) | StockAwards ($) | OptionAwards ($) | Non-EquityIncentive Plan Compensation($) | NonqualifiedDeferredCompensation Earnings($) | All OtherCompensati on ($) | Total ($) |
|------------------------------------------------------------------------|-------------------|------------|-----------|-----------------|------------------|------------------------------------------|----------------------------------------------|----------------------------|-----------|
| Doris Zhou(1)Chief ExecutiveOfficer, Secretary,Treasurer, and Director | 2015              | Nil        | Nil       | Nil             | Nil              | Nil                                      | Nil                                          | Nil                        | Nil       |
| 2016                                                                   | Nil               | Nil        | Nil       | Nil             | Nil              | Nil                                      | Nil                                          | Nil                        |
| Yue Kou(2)Chief Financial Officer                                      | 2015              | Nil        | Nil       | Nil             | Nil              | Nil                                      | Nil                                          | Nil                        | Nil       |
| 2016                                                                   | 14,400            | Nil        | Nil       | Nil             | Nil              | Nil                                      | Nil                                          | 14,400                     |
| Locksley Samuels(3)Former President, CEO, CFO, Director                | 2015              | Nil        | Nil       | Nil             | Nil              | Nil                                      | Nil                                          | Nil                        | Nil       |
| 2016                                                                   | Nil               | Nil        | Nil       | Nil             | Nil              | Nil                                      | Nil                                          | Nil                        |
| Qingchun Yang(4)Director of Well Best                                  | 2015              | Nil        | Nil       | Nil             | Nil              | Nil                                      | Nil                                          | Nil                        | Nil       |
| 2016                                                                   | Nil               | Nil        | Nil       | Nil             | Nil              | Nil                                      | Nil                                          | Nil                        |
| Zhengfu Nan(5)Director of XinyuIonix                                   | 2015              | Nil        | Nil       | Nil             | Nil              | Nil                                      | Nil                                          | Nil                        | Nil       |
| 2016                                                                   | 5,400             | Nil        | Nil       | Nil             | Nil              | Nil                                      | Nil                                          | 5,400                      |
| Guo-En Li(6)Director of Taizhou Ionix                                  | 2015              | Nil        | Nil       | Nil             | Nil              | Nil                                      | Nil                                          | Nil                        | Nil       |
| 2016                                                                   | 9,000             | Nil        | Nil       | Nil             | Nil              | Nil                                      | Nil                                          | 9,000                      |

----

----

| Name and Address of Beneficial Owner,Directors and Officers:                              |  Amount and Nature of Beneficial Ownership | Percentage of Beneficial Ownership (1) |
|-------------------------------------------------------------------------------------------|-------------------------------------------------|----------------------------------------|
| Doris Zhou (2)3773 Howard Hughes Pkwy, Ste. 500SLas Vegas, NV 89169                       | 0                                               | 0%                                     |
| Yue Kou(3)3773 Howard Hughes Pkwy, Ste. 500SLas Vegas, NV 89169                           | 0                                               | 0.0%                                   |
| Qingchun Yang(4)3773 Howard Hughes Pkwy, Ste. 500SLas Vegas, NV 89169                     | 0                                               | 0.0%                                   |
| Zhengfu Nan(5)3773 Howard Hughes Pkwy, Ste. 500SLas Vegas, NV 89169                       | 0                                               | 0.0%                                   |
| Guo-En Li(6)3773 Howard Hughes Pkwy, Ste. 500SLas Vegas, NV 89169                         | 0                                               | 0.0%                                   |
| All executive officers and directors as a group (5 people)                                | 0                                               | 0.0%                                   |
|                                                                                      |                                            |                                   |
| Beneficial Shareholders greater than 5%                                                   |                                            |                                   |
| Shining Glory Investments Limited(7)3773 Howard Hughes Pkwy, Ste. 500SLas Vegas, NV 89169 | 64,800,000                                      | 65.45%                                 |

| Beneficial Owners of Preferred Stock(1):                                                      | Amount and Nature of Beneficial  Ownership | Percentage of Beneficial  Ownership (1) |
|-----------------------------------------------------------------------------------------------|--------------------------------------------|-----------------------------------------|
| Shining Glory Investments Limited(7)  3773 Howard Hughes Pkwy, Ste. 500S  Las Vegas, NV 89169 | 5,000,000                                  | 100%                                    |

----

|  | · | Disclosing such transactions in reports where required; |
|--|--------|---------------------------------------------------------|

|  | · | Disclosing in any and all filings with the SEC, where required; |
|--|--------|-----------------------------------------------------------------|

|  | · | Obtaining disinterested directors consent; and |
|--|--------|------------------------------------------------|

|  | · | Obtaining shareholder consent where required. |
|--|--------|-----------------------------------------------|

----

|               |   | For Fiscal Year EndedJune 30, 2016 |   |   | For Fiscal Year EndedJune 30, 2015 |   |
|--------------------|--------|------------------------------------|--------|--------|------------------------------------|--------|
| Audit Fees         |   | $                                  | 17,500 |   |                               | $      | 16,500 |   |
| Audit-related fees |   | $                                  | -      |   |                               | $      | 2,700 |   |
| Tax Fees           |   | $                                  | -      |   |                               | $      | - |   |
| All other Fees     |   | $                                  | -      |   |                               | $      | - |   |
| Total              |   | $                                  | 17,500 |   |                               | $      | 19,200 |   |

----

| Exhibit        |                                                                                                                                                         |   |                                                                                               |
|----------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|----------------------------------------------------------------------------------------------------|
| Number         | Description of Exhibit                                                                                                                                       |   |                                                                                               |
| 3.01a          | Articles of Incorporation, dated March 11, 2011                                                                                                              |   | Filed with the SEC on August 23, 2011 as an exhibit to our Registration Statement on Form 10. |
| 3.01b          | Certificate of Amendment to Articles of Incorporation, dated August 7, 2014                                                                                  |   | Filed with the SEC on September 3, 2014 as part of our Current Report on Form 8-K                  |
| 3.01c          | Certificate of Amendment to Articles of Incorporation, dated December 3, 2015                                                                                |   | Filed with the SEC on December 10, 2015 as part of our Current Report on Form 8-K                  |
| 3.02a          | Bylaws                                                                                                                                                       |   | Filed with the SEC on August 23, 2011 as an exhibit to our Registration Statement on Form 10. |
| 3.02b          | Amended Bylaws, dated August 7, 2014                                                                                                                         |   | Filed with the SEC on September 3, 2014 as part of our Current Report on Form 8-K                  |
| 10.01          | Stock Purchase Agreement between Locksley Samuels and Shining Glory Investments Limited, dated November 20, 2015                                             |   | Filed with the SEC on November 23, 2015 as part of our Current Report on Form 8-K                  |
| 10.02          | Manufacturing Agreement, dated as of August 19, 2016, by and between Jiangxi Huanming Technology Limited Company and Xinyu Ionix Technology Company Limited. |   | Filed with the SEC on August 24, 2016 as part of our Current Report on Form 8-K                    |
| 10.03          | Share Transfer Agreement, dated as of August 19, 2016, by and between GuoEn Li and Well Best International Investment Limited                                |   | Filed with the SEC on August 24, 2016 as part of our Current Report on Form 8-K                    |
| 21.1           | List of Subsidiaries                                                                                                                                         |   | Filed with the SEC on October 11, 2016 as Exhibit 21.1 to Form 10-K.                               |
| 31.01          | Certification of Principal Executive Officer Pursuant to Rule 13a-14                                                                                         |   | Filed herewith.                                                                                    |
| 31.02          | Certification of Principal Financial Officer Pursuant to Rule 13a-14                                                                                         |   | Filed herewith.                                                                                    |
| 32.01          | CEO Certification Pursuant to Section 906 of the Sarbanes-Oxley Act                                                                                          |   | Filed herewith.                                                                                    |
| 32.02          | CFO Certification Pursuant to Section 906 of the Sarbanes-Oxley Act                                                                                          |   | Filed herewith.                                                                                    |
|  101.INS* | XBRL Instance Document                                                                                                                                       |   | Filed with the SEC on October 11, 2016 as Exhibit 101.INS to Form 10-K.                            |
| 101.SCH*       | XBRL Taxonomy Extension Schema Document                                                                                                                      |   | Filed with the SEC on October 11, 2016 as Exhibit 101.SCH  to Form 10-K.                      |
| 101.CAL*       | XBRL Taxonomy Extension Calculation Linkbase Document                                                                                                        |   | Filed with the SEC on October 11, 2016 as Exhibit 101.CAL to Form 10-K.                            |
| 101.LAB*       | XBRL Taxonomy Extension Labels Linkbase Document                                                                                                             |   | Filed with the SEC on October 11, 2016 as Exhibit 101.LAB to Form 10-K.                            |
| 101.PRE*       | XBRL Taxonomy Extension Presentation Linkbase Document                                                                                                       |   | Filed with the SEC on October 11, 2016 as Exhibit 101.PRE to Form 10-K.                            |
| 101.DEF*       | XBRL Taxonomy Extension Definition Linkbase Document                                                                                                         |   | Filed with the SEC on October 11, 2016 as Exhibit 101.DEF to Form 10-K.                            |

----

|                    | Ionix Technology, Inc.                                                                              |
|-------------------------|-----------------------------------------------------------------------------------------------------|
|                    |                                                                                                |
| Date: February 15, 2017 | By:                                                                                                 | /s/ Doris Zhou |   |
|                    | Name:  Doris Zhou Title:    Chief (Principal) Executive Officer  |
| Date: February 15, 2017 | By:                                                                                                            | /s/ Yue Kou |   |
|-------------------------|----------------------------------------------------------------------------------------------------------------|-------------|--------|
|                    | Name:  Yue Kou Title:    Chief Financial Officer (Principal  Accounting Officer) |
|                    | Ionix Technology, Inc.                                                                                                                |
|-------------------------|---------------------------------------------------------------------------------------------------------------------------------------|
|                    |                                                                                                                                  |
| Date: February 15, 2017 | By:                                                                                                                                   | /s/ Doris Zhou |   |
|                    | Name:  Doris Zhou Title:    Chief Executive Officer, Secretary,  Treasurer and  sole Director |
| Date: February 15, 2017 | By:                                                                           | /s/ Yue Kou |   |
|-------------------------|-------------------------------------------------------------------------------|-------------|--------|
|                    | Name:  Yue KouTitle:    Chief Financial Officer |

----