UNITED STATES ~~SECURITIES AND EXCHANGE COMMISSION~~

~~WASHINGTON~~SECURITIES ~~D.C.~~AND ~~20549~~EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-K

~~x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15~~(D)Mark ~~OF THE SECURITIES EXCHANGE ACT OF 1934~~One)

~~For~~x ~~the~~ANNUAL ~~fiscal~~REPORT ~~year~~PURSUANT ~~ended:~~TO ~~March~~SECTION ~~31,~~13 ~~2010~~OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

ORFor the Fiscal Year Ended December 31, 2010

o ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(Dd) OF THE SECURITIES EXCHANGE ACT OF 1934

~~Commission~~For ~~File~~the ~~Number:~~transition ~~000~~period –from ~~53905~~__________ to ____________

~~Sabre~~Commission ~~Industrial,~~File ~~Inc.~~Number 000-53905

~~(Name~~Tsingyuan ofBrewery ~~small business issuer in its charter)~~Ltd.

Delaware	65-1714523
(State or other jurisdiction of incorporation or organization)	(I.R.S. Employer Identification No.)

(Exact name of registrant as specified in its charter)

330 Clematis Street, Suite 217, West Palm Beach, Florida, 33401

Delaware		65-1714523
(State or other jurisdiction of incorporation or organization)		(I.R.S. Employer Identification No.)

Linpan Industrial Park,
Linyi County, Shandong Province, P.R. China		251500
(Address of principal executive offices)		(Zip Code)

~~(Address~~+86-534-5054799 ~~of principal executive offices)~~ (~~zip code~~China)

(Registrant'’s telephone number, including area code ~~- (800~~) ~~341-2684~~

Securities registered ~~under~~pursuant to Section 12 (b) of the ~~Exchange~~ Act: ~~NONE~~ None

Securities registered ~~under~~pursuant to Section 12 (g) of the ~~Exchange~~ Act: Common Stock, par value $0.001 per share

~~Common~~Indicate ~~Stock~~by check mark if the registrant is a well-known seasoned issuer, ~~$.001~~as ~~par~~defined ~~value~~in Rule 405 of the Securities Act.

~~(Title of Class)~~Yes ¨ No þ

Indicate by check mark if the registrant is anot ~~well-known~~required ~~seasoned~~to ~~issuer,~~file asreports ~~defined~~pursuant into ~~rule~~Section ~~405~~13 or 15(d) of the ~~Securities~~ Act. ~~YES o NO x~~

~~Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or 15(d) of the Exchange Act. o~~Yes ¨ No þ

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the ~~past~~preceding 12 months (or for such shorter period that the ~~Registrant~~ registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. ~~YES x NO o~~

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate website, if any, every Interactive Date File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (for for such shorter period that the registrant was required to submit and post such files). YES o NO oYes þ No ¨

Indicate by check mark ifwhether ~~disclosure~~the ofregistrant ~~delinquent~~has ~~filers~~submitted ~~pursuant~~electronically toand ~~Item~~posted ~~405~~on ofits ~~Regulation~~corporate ~~S-K~~Web (§site, ~~229.405~~if ofany, ~~this~~every ~~chapter)~~Interactive isData ~~not~~File ~~contained~~required ~~herein,~~to ~~and~~be ~~will~~submitted ~~not~~and beposted ~~contained,~~pursuant to ~~the~~Rule ~~best~~405 of ~~registrant’s~~Regulation ~~knowledge,~~S-T in(§232.405 ~~definitive~~of ~~proxy~~this orchapter) ~~information~~during ~~statements~~the ~~incorporated~~preceding by12 ~~reference~~months in(or ~~Part~~for ~~III~~such ofshorter ~~this~~period ~~Form~~that ~~10-K~~the orregistrant ~~any~~was ~~amendment~~required to ~~this~~submit ~~Form~~and ~~10-K.~~post xsuch files).

~~Indicate by checkmark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. x Smaller Reporting Company~~Yes ¨ No ¨

Indicate by check mark ~~whether~~if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K is not contained herein, and will not be contained, to the best of registrant’s isknowledge, ain ~~shell~~definitive ~~company~~proxy ~~(as~~or ~~defined~~information statements incorporated by reference in ~~Rule~~Part ~~12b-2~~III of ~~the~~this ~~Exchange~~Form ~~Act).~~10-K ~~YES x~~or NOany amendment to this Form 10-K. o

~~State~~Indicate ~~the aggregate market value of the voting and non-voting common equity held~~ by ~~non-affiliates~~check ~~computed~~mark bywhether ~~reference to~~ the ~~price~~registrant atis ~~which~~a ~~the~~large ~~common~~accelerated ~~equity was last sold~~filer, oran ~~the~~accelerated ~~average bid and asked price of such common equity~~filer, asa ofnon-accelerated ~~the last business day of the registrant’s most recently completed second fiscal quarter. $2~~filer,~~887~~ ~~(607,745~~or ~~shares~~a atsmaller ~~$.00475).~~reporting company:

~~Note: If~~Large aaccelerated ~~determination~~filer as¨ toAccelerated ~~whether~~filer a¨ ~~particular person is an affiliate cannot be made without involving unreasonable effort and expense, the aggregate market value of the common stock held by non~~Non-~~affiliates~~accelerated ~~may~~filer be(Do ~~calculated~~not oncheck ~~the~~if ~~basis~~smaller ofreporting ~~assumptions~~company) ~~reasonable~~¨ ~~under~~Smaller ~~the~~reporting ~~circumstances,~~company ~~provided that the assumptions are set forth in this Form.~~þ

~~APPLICABLE~~Indicate ~~ONLY~~by TOcheck ~~REGISTRANTS~~mark ~~INVOLVED~~whether INthe ~~BANKRUPTCY~~registrant ~~PROCEEDINGS~~is ~~DURING~~a ~~THE~~shell ~~PRECEDING~~company ~~FIVE~~(as ~~YEARS:~~defined in Rule 12b-2 of the Exchange Act).

Indicate by check mark whether the registrant has filed all documents and reports required to be filed by Section 12, 13 or 15(d) of the Securities Exchange Act of 1934 subsequent to the distribution of securities under a plan confirmed by a court. YES o NO oYes ¨ No þ

~~APPLICABLE~~State ~~ONLY~~the TOaggregate ~~CORPORATE~~market ~~REGISTRANTS~~value of the voting and non-voting common equity held by non-affiliates computed by reference to the price at which the common equity was sold, or the average bid and asked prices of such common equity, as of the last business day of the registrant’s most recently completed second fiscal quarter: $253,871 as of June 30, 2010, based on the closing price of the Company’s common stock of $0.50 on such date.

Indicate the number of shares outstanding of each of the registrant’s classes of common stock, as of the latest practicable date~~. 758~~: 126,~~386~~857,289 shares of common stock were issued and outstanding as of ~~April~~March 2331, ~~2010~~2011.

DOCUMENTS INCORPORATED BY REFERENCE~~: None~~

List hereunder the following documents if incorporated by reference and the Part of the Form 10-K (e.g., Part I, Part II, etc.) into which the document is incorporated: (1) Any annual report to security holders; (2) Any proxy or information statement; and (3) Any prospectus filed pursuant to Rule 424(b) or (c) under the Securities Act of 1933. The listed documents should be clearly described for identification purposes (e.g., annual report to security holders for fiscal year ended December 24, 1980).

~~SABRE INDUSTRIAL, INC~~None.

~~TABLE~~TSINGYUAN OFBREWERY ~~CONTENTS~~LTD.

		Page
PART I
Item 1.	Business	3
Item 1A.	Risk Factors	10
Item 1B.	Unresolved Staff Comments	17
Item 2.	Properties	17
Item 3.	Legal Proceedings	18
Item 4.	Submission of Matters to a Vote of Security Holders	18

Annual Report on Form 10-K

~~PART II~~For the Year Ended December 31, 2010

Item 5.	Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities	18
		Page No.
Item 6.	Selected Financial Data	21
	Forward Looking Statements and Associated Risk	1
Item 7.	Management's Discussion and Analysis of Financial Condition and Results of Operations	21
	Conventions and General Matters	2
Item 8.	Financial Statements and Supplementary Data	24
Part I
Item 9.	Changes in and Disagreements with Accountants on Accounting and Financial Disclosure	35
Item 1.	Business.	3
Item 9A(T).	Controls and Procedures	35
Item 1A.	Risk Factors.	19
Item 9B.	Other Information	37
Item 1B.	Unresolved Staff Comments.	19
Item 2.	Properties.	19
Item 3.	Legal Proceedings.	19
Item 4.	(Removed and Reserved.)	20
Part II
Item 5.	Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities.	20
Item 6.	Selected Financial Information.	22
Item 7.	Management’s Discussion and Analysis of Financial Condition and Results of Operations.	23
Item 7A.	Quantitative and Qualitative Disclosure About Market Risk.	30
Item 8.	Financial Statements and Supplementary Data	30
Item 9.	Changes In and Disagreements With Accountants on Accounting and Financial Disclosure.	31
Item 9A.	Controls and Procedures.	31
Item 9B.	Other Information.	33
Part III
Item 10.	Directors, Executive Officers and Corporate Governance.	34
Item 11.	Executive Compensation.	35
Item 12.	Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters.	37
Item 13.	Certain Relationships and Related Transactions, and Director Independence.	38
Item 14.	Principal Accountant Fees and Services.	39
Part IV
Item 15.	Exhibits, Financial Statement Schedules.	43

~~PART III~~i

Item 10.	Directors, Executive Officers, and Corporate Governance	37
Item 11.	Executive Compensation	38
Item 12.	Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters	40
Item 13.	Certain Relationships and Related Transactions, and Director Independence	41
Item 14.	Principal Accountant fees and services	41

FORWARD-LOOKING STATEMENTS AND ASSOCIATED RISK

~~PART~~Certain IVstatements in this Report, and the documents incorporated by reference herein, constitute “forward-looking statements”. Such forward-looking statements include statements, which involve risks and uncertainties, regarding, among other things, (a) our projected sales, profitability, and cash flows, (b) our growth strategies, (c) anticipated trends in our industries, (d) our future financing plans, and (e) our anticipated needs for, and use of, working capital. They are generally identifiable by use of the words “may,” “will,” “should,” “anticipate,” “estimate,” “plan,” “potential,” “project,” “continuing,” “ongoing,” “expects,” “management believes,” “we believe,” “we intend,” or the negative of these words or other variations on these words or comparable terminology. These statements may be found under “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and “Business,” as well as in this Report generally. Actual events or results may differ materially from those discussed in forward-looking statements as a result of various factors and matters described in this report generally and other potential risks and uncertainties, including such factors as:

Item 15.	Exhibits, Financial Statement Schedules	42
Signatures		43

The market acceptance of the products we sell;

Problems that we may face in marketing and distributing the products we sell;

Errors in business planning attributable to insufficient market size or segmentation data;

Downturns in the economy of the People’s Republic of China;

Changes in the laws of the People's Republic of China that affect our operations;

Our ability to obtain and maintain all necessary government certifications and/or licenses to conduct our business;

Development of a public trading market for our securities;

Our inability to raise additional capital when needed;

Problems with important suppliers and strategic business partners;

The cost of complying with current and future governmental regulations and the impact of any changes in the regulations on our operations; and

The other factors referenced in this Report, including, without limitation, under the sections entitled “Business,” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations.”

In light of these risks and uncertainties, there can be no assurance that the forward-looking statements contained in this filing will in fact occur. You should not place undue reliance on these forward-looking statements.

The forward-looking statements in this Report speak only as of the date on which they are made, and, except to the extent required by federal securities laws, we undertake no obligation to update any forward-looking statement to reflect events or circumstances after the date on which the statement is made or to reflect the occurrence of unanticipated events except to the extent as required by applicable law.

CONVENTIONS AND GENERAL MATTERS

The official currency of the People’s Republic of China is the Chinese “Yuan” or “Renminbi” (“yuan,” “Renminbi” or “RMB”). For the convenience of the reader, amounts expressed in this report as RMB have been translated into United States dollars (“US$” or “$”) at the rate quoted by http://www.oanda.com as of December 31, 2010, which was RMB 6.591 to $1.00. The RMB is not freely convertible into foreign currencies and the quotation of exchange rates does not imply convertibility of RMB into U.S. Dollars or other currencies. No representation is made that the RMB or U.S. Dollar amounts referred to herein could have been or could be converted into U.S. Dollars or RMB, as the case may be, at any particular rate or at all. On April 11, 2011, the rate quoted by http://www.oanda.com was RMB 6.5361 to $1.00.

The “Company,” “we,” “us,” “our” and similar words refer to Tsingyuan Brewery Ltd., and its direct and indirect, wholly-owned subsidiaries and the variable interest entities, or VIEs, Linyi Hengchang Brewer’s Malt Co., Ltd. and Shandong Qingyuan Beer Co., Ltd.

PART I

ITEM 1. BUSINESS.

This annual report on Form 10-K contains forward-looking statements that are based on current expectations, estimates, forecasts and projections about the Company, us, our future performance, our beliefs and our Management's assumptions. In addition, other written or oral statements that constitute forward-looking statements may be made by us or on our behalf. Words such as "expects," "anticipates," "targets," "goals," "projects," "intends," "plans," "believes," "seeks," "estimates," variations of such words and similar expressions are intended to identify such forward-looking statements. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions that are difficult to predict or assess. Therefore, actual outcomes and results may differ materially from what is expressed or forecast in such forward-looking statements. Except as required under the federal securities laws and the rules and regulations of the SEC, we do not have any intention or obligation to update publicly any forward-looking statements after the filing of this Form 10-K, whether as a result of new information, future events, changes in assumptions or otherwise.BUSINESS

Readers are cautioned not to place undue reliance on the forward-looking statements contained herein, which speak only as of the date hereof. We believe the information contained in this Form 10-K to be accurate as of the date hereof. Changes may occur after that date. We will not update that information except as required by law in the normal course of its public disclosure practices.General

~~Additionally,~~We are principally engaged in the ~~following~~production ~~discussion~~and ~~regarding~~distribution ~~our~~of ~~financial~~brewer’s ~~condition~~malt and ~~results~~beer products in The People’s Republic of ~~operations~~China ~~should~~(the be“PRC”). Our ~~read~~brewers malt product line consists of a wide variety of malts that are typically custom made to our customer’s specifications from blends of domestic or imported barleys. Our malts are either used in ~~conjunction~~the ~~with~~production of our own beer products or are sold on a wholesale basis to other breweries through our direct sales force. At December 31, 2010, our beer line included eight full-flavored, affordably-priced beers that are marketed under the ~~financial~~“Qinglin,” ~~statements~~“Qingyi” or “Qingyuan” trade names to middle-class consumers in second- and ~~related~~third-tier ~~notes~~cities throughout northern and eastern China. Our malt and beer production facilities, which are located in Shandong Province in the PRC, have an aggregate annual malt processing capacity of approximately 120,000 metric tons, based upon two 8-hour shifts each working day, and an aggregate annual beer processing capacity of approximately 200,000 metric tons, based upon a 7-day work week and 20 hours each working day.

~~History~~In the production and marketing of our beers, we target the middle class consumer in the PRC as we believe the middle market for full-flavored, but moderately-priced beers has been under-exploited in China. With the rapid growth of the middle class in the PRC, we believe the demand for well-crafted beer is likewise expanding and will continue to grow. Nevertheless, approximately 90% of the beer produced in the PRC today remains the low-quality, low-priced beer developed to meet the demands of a less-developed economy. Significant improvements in beer technology in the past 20 years have enabled low-cost production of generic beer, which has prompted most established brewers to compete on the basis of price. This phenomenon has resulted in reducing margins across the industry, preventing most brewers from capturing a significant portion of the market outside their own province. All but a few of the beer manufacturers in China sell their products only locally, where they hold market position on the basis of familiarity.

~~Sabre~~The ~~Industrial,~~majority ~~Inc.,~~of (the ~~“Company”~~new orbeers ~~"Sabre~~entering ~~Industrial")~~the market in the PRC are directed to the mid- and upper-priced level, ~~was~~where ~~originally~~it ~~incorporated~~remains possible to garner a significant profit. However, because China’s economic growth has focused on ~~July~~its 25larger cities, ~~1996~~and because prestige is a dominant factor in the ~~state~~development of ~~Florida~~brand asconsciousness ~~Environmental~~in ~~Digital~~the ~~Services~~larger cities, ~~Inc. At~~ the ~~time~~majority of ~~formation~~new brands entering the ~~Company~~market ~~was~~have ~~authorized~~been high-priced, finely-crafted beers. While these are attractive to ~~issue~~urbanites 50seeking to develop a cosmopolitan image,~~000,000~~ nowe ~~par~~believe ~~value~~most ~~capital~~Chinese ~~stock~~residents cannot afford to drink these beers on a daily basis.

~~From~~Our ~~formation~~revenue has increased significantly in recent years, ~~Sabre~~from ~~Industrial~~$8.0 ~~was~~million in 2008 to $52.3 million in 2010, which represented a ~~Florida~~compound ~~based~~annual ~~provider~~revenue growth rate of ~~electronic~~339% ~~monitoring~~during ~~hardware~~2010 and ~~Internet~~cumulative ~~based~~growth ~~processing~~of ~~for~~557% ~~underground~~from ~~petroleum~~2008 ~~storage~~to ~~tanks~~2010. ~~The~~In ~~Company~~2010, ~~also~~sales ~~provided~~of ~~remediation~~our ~~services~~malt products represented 65% and ~~was~~our abeer ~~provider~~products represented 35% of ~~underground~~our ~~tank~~net ~~monitoring~~revenues compared to 75% and 25%, ~~leak~~respectively, ~~detection~~in 2009. In 2010, ~~risk~~we ~~management~~produced 74,843 ~~and~~metric ~~environmental~~tons ~~contamination~~of ~~remediation~~malt products and ~~services. The~~74,736 ~~Company~~metric ~~had~~tons ~~hired~~of ~~auditors~~beer products compared to 18,213 metric tons and at13,122 ~~one~~metric ~~time~~tons, ~~intended~~respectively, toin ~~complete~~2009. Over the ~~process~~next tofew ~~become~~years, ~~subject~~we expect our revenue growth to ~~the~~be ~~reporting~~driven ~~requirements~~primarily by increases in sales of ~~the~~our ~~Securities~~beer ~~Exchange~~products ~~Act~~and that sales of ~~1934,~~our ~~however,~~beer ~~such~~products ~~plans~~will ~~did~~represent ~~not~~an ~~come~~increasing topercentage ~~fruition~~of our net revenues during such periods. OnTo ~~July~~increase ~~17,~~our ~~2007~~beer sales, we intend to expand our ~~founder~~beer bottling and ~~CEO,~~canning ~~James~~facilities ~~Crehan,~~and ~~Sr.,~~to ~~passed~~consider ~~away~~acquisition opportunities in the beer industry to increase our beer production capacity and our annual yield to meet what we believe will be increasing customer demand for our products.

OnOur ~~August~~History ~~21, 2001 the state of Florida administratively dissolved the Company for the failure to file its annual report~~ and ~~pay~~Corporate ~~the associated franchise taxes. Sabre Industrial has not conducted any business operations since 2004.~~Structure

We were originally incorporated in Florida on July 25, 1996 under the name “Environmental Digital Services, Inc.” with a principal business objective of providing environmental contamination remediation products and services. We conducted no substantial business and in 2007 our operations were reorganized in judicial proceedings conducted in Palm Beach County, Florida. In July 2008, we were re-incorporated in Delaware and our corporate name was changed to “Sabre International, Inc.” as part of a plan to continue our operations as a public “shell” company.

On September 13, 2010, our current Chairman of the Board and Chief Executive Officer, Mr. Dingyou Zhang, purchased 60,000,000 shares of our common stock for $408,000 from Corporate Services International, Inc. (“CSI”), an entity controlled by Michael Anthony, our sole officer and director at that time. In connection with such transaction, CSI exchanged its remaining shares of our common stock for a new class of our convertible preferred stock, which shares were convertible into 0.9% of our fully-diluted shares of common stock within 30 days of our ceasing to be a “shell” company. As a result of those transactions, Mr. Zhang became the majority stockholder of our company.

~~Effective~~On ~~March~~September 3124, ~~2007~~2010, ~~the~~we ~~Company~~entered ~~approved~~into ~~and authorized~~ a ~~plan~~Share ofExchange ~~quasi~~Agreement ~~reorganization~~(the ~~and~~“Share ~~restatement~~Exchange”) ofwith ~~accounts~~Tsingyuan toHolding, ~~eliminate~~Inc., ~~the~~a ~~accumulated~~holding ~~deficit~~company ~~and~~organized ~~related~~under ~~capital~~the ~~accounts~~laws onof the ~~Company's~~State ~~balance~~of ~~sheet.~~Delaware ~~The~~(“Tsingyuan ~~Company~~Holding”) ~~concluded~~that ~~its~~controls ~~period~~operating ofentities ~~reorganization~~in ~~after~~the ~~reaching~~PRC athrough ~~settlement~~its ~~agreement~~direct ~~with~~ownership ~~all~~ of ~~its~~Qingyuan ~~significant~~Management ~~creditors. The Company,~~ (as ~~approved~~defined bybelow). In ~~its~~accordance ~~Board~~with ofthe ~~Directors~~Share Exchange, ~~elected~~we toissued ~~state its March 31~~65,107,671 ~~2007~~shares ~~balance~~of ~~sheet~~our ascommon astock ~~"quasi reorganization", pursuant~~ to ~~ARB 43. These rules require~~ the ~~revaluation~~stockholders of ~~all~~Tsingyuan ~~assets~~Holding ~~and~~for ~~liabilities~~100% toof ~~their~~the ~~current~~equity ~~values~~of ~~through~~Tsingyuan aHolding. On ~~current~~September ~~charge~~28, to2010, ~~earnings~~CSI, ~~and~~ the ~~elimination~~holder of ~~any~~our ~~deficit~~then-outstanding inpreferred ~~retained~~stock, ~~earnings~~converted bysuch ~~charging~~shares ~~paid-in~~into ~~capital. From April~~ 1, ~~2007 forward~~141,716 ~~the~~shares ~~Company~~of ~~has~~our ~~recorded~~common ~~net~~stock. As ~~income~~a ~~(and~~result ~~net~~of ~~losses)~~the toShare ~~retained~~Exchange, ~~earnings~~Tsingyuan ~~and~~Holding ~~(and~~became ~~net~~our ~~losses)~~wholly-owned ~~to retained earnings and (accumulated deficit)~~subsidiary.

On ~~August~~January 1419, ~~2007~~2011, inwe ~~its~~changed Court Order, the Circuit Court for the 15th Judicial Circuit in and for Palm Beach County, Florida granted the application of Century Capital Partners, LLC to have a receiver appointed. The Court appointed Brian T. Scher, Esquire as receiver of the Company. The Court Order appointing Receiver empowered Mr. Scher to evaluate our ~~financial status, to determine whether there are any options for~~ corporate ~~viability~~name ~~that could benefit our shareholders,~~ to ~~reinstate~~“Tsingyuan ~~our~~Brewery ~~corporation~~Ltd.” ~~with the Florida Secretary of State,~~ and ~~to obtain copies of~~ our ~~shareholder~~trading ~~records~~symbol ~~from~~to ~~our transfer agent~~“BEER”.

~~Mr.~~Tsingyuan ~~Michael Anthony is the sole member of Century Capital Partners~~Holding, ~~LLC~~Inc.

~~Under~~Tsingyuan ~~Mr.~~Holding ~~Scher’s~~is ~~receivership,~~a ~~and~~corporation ~~with~~organized ~~funds~~under ~~supplied by Century Capital Partners,~~ the ~~Company~~laws ~~reinstated~~of ~~its~~Delaware ~~corporate~~on ~~charter~~March ~~and~~30, ~~paid~~2010. ~~all~~It ~~past~~has ~~due~~initiated ~~franchise~~no ~~taxes;~~business ~~paid~~activity, ~~down~~except ~~the~~that ~~outstanding~~Tsingyuan ~~debt~~Holding ~~with~~is the ~~transfer~~sole ~~agent;~~registered ~~and~~owner ~~made an analysis~~ of the ~~Company’s~~outstanding ~~debts~~capital ~~and~~stock ~~potential~~of ~~for~~registered ~~viability~~capital asof aTsingyuan ~~merger~~Group ~~candidate. In~~(Hong ~~addition,~~Kong) ~~after acting as the sole temporary officer and director~~Co., ~~on October 1~~Limited, ~~2007,~~which ~~Mr.~~is ~~Scher~~the ~~appointed~~only ~~Michael~~asset ~~Anthony~~of asTsingyuan ~~our sole Director, President, Secretary and Treasurer~~Holding.

OnTsingyuan ~~October~~Group 1,(Hong ~~2007,~~Kong) ~~following the submittal of reports by Mr~~Co. ~~Scher~~, ~~the Court discharged the receiver and returned the Company to the control of its Board of Directors.~~Limited

OnTsingyuan ~~September~~Group ~~18,~~(Hong ~~2007,~~Kong) ~~Environmental Digital Services~~Co., ~~Inc.~~Limited (~~now~~“Tsingyuan ~~Sabre Industrial~~HK”) ~~was~~is ~~incorporated in Delaware for the purpose of merging with Environmental Digital Services,~~ a ~~Florida~~limited ~~Corporation~~liability socompany asincorporated tounder effect a re-domicile to Delaware. The Delaware Corporation was authorized to issue 250,000,000 shares of $.001 par value common stock and 2,000,000 shares of $.001 par value preferred stock. On April 11, 2008, the ~~certificate~~laws of ~~incorporation for~~ the ~~Delaware~~Hong ~~Corporation~~Kong ~~was~~Special ~~amended~~Administrative toRegion ~~increase~~on ~~the~~April ~~authorized capital stock to 310~~22,~~000,000~~ ~~of which 300,000,000 shares are common stock, $~~2010.~~001 par value and 10,000,000 shares are preferred stock, $.001 par value.~~ InTsingyuan ~~addition,~~HK ~~the Company designated 10,000 shares of preferred stock as Series A Preferred Stock. Each share of Series A Preferred Stock~~ is ~~convertible~~the ~~into~~sole ~~ten~~stockholder ~~thousand (10,000) shares~~ of ~~common~~Beijing ~~stock~~Qingyuan ~~and~~Henchang ~~carries~~Consulting ~~ten thousand (10,000) votes on all matters brought to a shareholder vote~~Co. ~~In addition~~, ~~the majority holder of Series A Preferred Stock is entitled to elect the majority of the Directors and to amend the articles of incorporation~~Ltd.

Beijing Qingyuan Henchang Consulting Co., Ltd.

Beijing Qingyuan Hengchang Consulting, Co., Ltd. (“Qingyuan Management”) was organized in the PRC on June 17, 2010. Because all of its issued and outstanding capital stock is held by Tsingyuan HK, a Hong Kong company, Qingyuan Management is deemed a wholly-foreign owned enterprise, or WFOE, under PRC laws. The principal purpose of Qingyuan Management is to manage, hold and own rights in and to the businesses and profits of Linyi Hengchang Brewer’s Malt Co., Ltd. and Shandong Qingyuan Beer Co., Inc. (collectively, the “Tsingyuan Group”), through a series of contractual arrangements.

We do not own any equity interests in any constituent company of the Tsingyuan Group, but control and receive the economic benefits of their respective business operations through contractual arrangements. Each Tsingyuan Group company has the licenses and approvals necessary to operate its businesses in China. Through Qingyuan Management, we have contractual arrangements with each Tsingyuan Group company and their respective owners pursuant to which we provide consulting, information technology and other general business operation services. Through these contractual arrangements, we also have the ability to substantially influence their daily operations and financial affairs, since we are able to appoint their senior executives and approve all matters requiring approval of the equity owners. As a result of these contractual arrangements, which enable us to control each Tsingyuan Group company and to receive, through Qingyuan Management, all of their profits, we are considered the primary beneficiary of the Tsingyuan Group. Accordingly, we consolidate its results, assets and liabilities in our financial statements.

Other than activities relating to its contractual arrangements with the Tsingyuan Group, Qingyuan Management has no other separate operations of its own.

InLinyi ~~exchange~~Hengchang ~~for~~Brewer’s aMalt ~~total capital investment of $8,700 by Century Capital Partners (and Corporate Services International, Inc~~Co. ~~as more fully described in the paragraph below) on or near October 1~~, ~~2007 Sabre Industrial issued to Century Capital Partners 10,000,000 shares of its common stock (133,333 shares post split) representing approximately 20~~Ltd.53% of its common stock outstanding on that date. The funds were used to pay ongoing administrative expenses, including but not limited to, outstanding transfer agent fees, state reinstatement and filing fees and all costs associated with conducting the shareholders meeting. On February 24, 2010, Century Capital Partners transferred these shares to Corporate Services International, Inc. Michael Anthony is the sole beneficial owner of both Century Capital Partners and Corporate Services International.

InLinyi ~~exchange~~Henchang ~~for~~Brewer’s anMalt ~~aggregate~~Co., ~~capital~~Ltd. ~~investment~~(“Linyi ofMalt”) ~~$8,700~~is bya ~~Corporate~~PRC ~~Services~~limited ~~International~~liability company established in Shandong Province on March 3, ~~Inc.~~2004, ~~(and~~with ~~Century~~registered ~~Capital~~capital ~~Partners~~of RMB76.75 million, ~~LLC~~which ashas ~~more~~been fully ~~described~~paid inby ~~the~~its ~~paragraph~~owners. The ~~above)~~principal onoffices orof ~~near~~Linyi ~~January~~Malt ~~21,~~are ~~2008~~located ~~Sabre~~at ~~Industrial~~Hengyuan ~~issued~~Economic toDevelopment ~~Corporate~~Zone, ~~Services~~Linyi ~~International~~County, 1Shandong Province,~~298,006~~ ~~shares~~China. The three owners of ~~its~~Linyi ~~common~~Malt ~~stock~~are ~~(17~~Mr. Zhang,~~307~~ ~~shares~~who ~~post~~is ~~split)~~also ~~representing~~the ~~approximately~~Chairman ~~2.6%~~of the Board and Chief Executive Officer of ~~its~~our ~~common~~company ~~stock~~(89.9%), ~~outstanding~~Mr. onDingfu ~~that~~Zhang ~~date~~(6. ~~The~~2%) ~~funds~~and ~~were~~Ms. ~~used~~Mingxia toYuan, ~~pay~~who ~~ongoing~~is ~~administrative~~also ~~expenses~~the Chief Financial Officer of our company (3. Mr9%). The ~~Michael~~business ~~Anthony~~of Linyi Malt is the ~~sole~~manufacture ~~officer, director~~ and ~~shareholder~~sale of ~~Corporate~~brewer’s ~~Services~~malt ~~International~~used in the production of beer.

~~Following~~Shandong ~~notice~~Qingyuan toBeer the shareholders, the Company conducted an annual shareholder’s meeting on March 28, 2008 for the purpose of electing directors and approving an amendment to the articles of incorporation to authorize 10,000 shares of preferred stockCo. ~~At the meeting of shareholders Michael Anthony was elected the sole director by those shareholders that attended either in person or by proxy. Immediately following the shareholder meeting~~, ~~at a meeting of the Board of Directors, Michael Anthony was appointed President, Secretary and Chief Financial Officer~~Ltd. ~~The shareholders also approved the amendment to the articles of incorporation.~~

OnShandong ~~April~~Qingyuan 4,Beer ~~2008~~Co., ~~the~~Ltd. ~~Company~~(“Qingyuan ~~filed~~Beer”) ~~Articles~~is ofa ~~Amendment~~PRC tolimited ~~its~~liability ~~Articles~~company ofestablished ~~Incorporation~~in toShandong ~~add~~Province 10on December 16,~~000~~ ~~shares~~2005, with registered capital of ~~preferred~~RMB30 ~~stock~~million, towhich ~~our~~has ~~authorized~~been ~~capital~~fully paid by its owners. OnQingyuan ~~April~~Beer’s ~~10,~~principal ~~2008,~~offices ~~the~~are ~~Company~~located ~~designated~~at ~~10,000~~Linpan ~~shares~~Industrial ofPark, ~~preferred~~Linyi ~~stock~~County, asShandong ~~Series~~Province, ~~A Preferred~~China. ~~Each~~Prior ~~share~~to ofJanuary ~~Series~~6, A2011, ~~Preferred~~the ~~Stock~~shareholders isof ~~convertible~~Qingyuan ~~into~~Beer ~~ten~~were ~~thousand~~Linyi Malt (~~10,000~~66.8%), ~~shares~~Mr. ofDingyou ~~common~~Zhang ~~stock~~(16.6%) and ~~carries~~Ms. ~~ten~~Yuanmin ~~thousand~~Xia (~~10,000~~16.6%). On ~~votes~~January on6, 2011, Linyi Malt transferred all ~~matters~~of ~~brought~~its toequity ainterest ~~shareholder~~in ~~vote~~Qingyuan Beer to Mr. In ~~addition,~~Dingyou Zhang and therefore after the ~~majority~~equity ~~holder~~transfer the current two shareholders of ~~Series~~Qingyuan ABeer ~~Preferred~~are ~~Stock~~Mr. isDingyou ~~entitled~~Zhang to(83.4%) ~~elect~~and ~~the~~Ms. ~~majority~~Mingxia Yuan (16.6%). The business of Qingyuan Beer is the ~~Directors~~production ~~and~~of tovarious ~~amend~~types of affordably-priced branded beers and the ~~articles~~distribution of ~~incorporation~~such beers throughout northern and eastern China.

InRelationships ~~July, 2008 both Sabre Industrial the Florida corporation and Sabre Industrial the Delaware corporation signed and filed Articles of Merger~~ with ~~their~~Tsingyuan ~~respective~~Group states, pursuant to which the Florida Corporation's shareholders received one share of new (Delaware) common stock for every one share of old (Florida) common stock they owned. All outstanding shares of the Florida Corporation's common stock were effectively purchased by the new Delaware Corporation, effectively merging the Florida Corporation into the Delaware Corporation, and ~~making~~its ~~the Delaware Corporation the surviving entity.~~Owners

Our relationships with the two Tsingyuan Group companies and their owners are governed by a series of contractual arrangements that they have entered into with our WFOE, Qingyuan Management. PRC regulations on foreign investment currently permit foreign companies to establish or invest in WFOEs or joint ventures that engage in the brewery business in China. However, PRC laws and regulations prevent direct foreign investment in certain other industries, and to protect our shareholders from possible future foreign ownership restrictions, following the formation of Qingyuan Management, Qingyuan Management entered into certain contractual arrangements with Linyi Malt and Qingyuan Beer. The contractual arrangements with Linyi Malt and Qingyuan Beer enable us to bypass future ownership restrictions, if any, since neither we nor our WFOE, Qingyuan Management, own equity interests in these companies, while at the same time, we retain control of their respective businesses by virtue of the contractual arrangements.

Under PRC laws, Qingyuan Management (our WFOE), Linyi Malt and Qingyuan Beer are each an independent business entity not exposed to the liabilities incurred by any of the other two entities. The contractual arrangements constitute valid and binding obligations of the parties of such agreements. Each of the contractual arrangements and the rights and obligations of the parties thereto are enforceable and valid in accordance with the laws of the PRC. Other than pursuant to these contractual arrangements as described below, the two Tsingyuan Group companies cannot transfer any funds generated from their respective operations. On June 26, 2010, Qingyuan Management entered into the following contractual arrangements with the two Tsingyuan Group companies and their respective owners (the “Owners”):

Exclusive Technical Service and Business Consulting Agreements. Pursuant to an exclusive technical service and business consulting agreement executed with each of Linyi Malt and Qingyuan Beer, Qingyuan Management has the exclusive right to provide them with general business operation services, including advice and strategic planning, as well as consulting services related to their current and future operations (the “Services”). Additionally, Qingyuan Management owns the intellectual property rights developed or discovered through research and development, in the course of providing the Services, or derived from the provision of the Services. Linyi Malt and Qingyuan Beer shall each pay a monthly service fee in RMB to Qingyuan Management that is equal to RMB10,000 plus one hundred percent (100%) of its gross profits for such month, if any. Each agreement for Services is in effect until the earlier to occur of the following: (a) termination of business of Linyi Malt or Qingyuan Beer, as the case may be; (b) the mutual agreement of the parties to terminate such agreement; or (c) the completion date of the acquisition by Qingyuan Management of one hundred percent (100%) of the equity interests of Linyi Malt or Qingyuan Beer, as the case may be.

OnShare orPledge ~~near~~Agreements. Pursuant ~~May~~to ~~15,~~a ~~2008,~~share ~~Corporate~~pledge ~~Services~~agreement ~~International,~~executed ~~Inc.~~with ~~agreed~~each toTsingyuan ~~contribute~~Group ~~$25~~company,~~000~~ asthe ~~paid~~Owners pledge all of their equity interests in ~~capital~~the Tsingyuan Group companies to ~~Sabre~~Qingyuan ~~Industrial,~~Management ~~the~~in ~~entire~~order ~~amount~~to secure the rights of ~~which~~Qingyuan ~~was~~Management ~~paid~~prior to ~~Sabre~~the ~~Industrial~~acquisition onby ~~February~~Qingyuan ~~19,~~Management ~~2009.~~of ~~This~~all ~~capital~~the ~~contribution~~equity isinterests ~~separate~~in ~~from~~Linyi Malt and inQingyuan ~~addition~~Beer and to guarantee the ~~$8,700~~two ~~capital~~Tsingyuan ~~contribution~~Group ~~previously~~companies’ ~~made~~performance byof ~~Century~~their ~~Capital~~respective ~~Partners~~obligations ~~and~~under bythe ~~Corporate~~technical ~~Services~~service ~~International~~and business consulting agreements. ~~Sabre~~The ~~Industrial~~Owners ~~has~~have ~~used~~agreed ~~and~~not ~~shall~~to ~~continue~~transfer toor ~~use~~dispose ~~these~~of ~~funds~~or tootherwise ~~pay~~encumber the ~~costs~~pledged ~~and~~equity ~~expenses~~interests ~~necessary~~of tothe ~~revive~~Tsingyuan Group company without the ~~Company's~~prior ~~business~~written ~~and~~consent ~~implement~~of Qingyuan Management. The provisions of the ~~Company’s~~pledge ~~business~~agreements ~~plan~~shall asremain ~~described~~binding ~~herein.~~and ~~Such~~in ~~expenses~~effect ~~include,~~unless mutually ~~without~~modified ~~limitation,~~or ~~fees~~terminated toby ~~redomicile~~the parties to the ~~Company~~pledge agreements. On January 6, 2011, due to the ~~state~~equity transfer of ~~Delaware;~~the ~~payment~~66.8% ofinterest ~~state~~in ~~filing~~Qingyuan ~~fees;~~Beer ~~transfer~~from ~~agent~~Linyi ~~fees;~~Malt ~~calling~~to ~~and~~Mr. ~~holding~~Dingyou aZhang, ~~shareholder’s~~the ~~meeting;~~parties ~~accounting~~entered ~~and~~into ~~legal~~an ~~fees;~~Amended and ~~costs~~Restated ~~associated~~Share ~~with~~Pledge ~~preparing~~Agreement ~~and~~to ~~filing~~reflect ~~this~~the ~~Registration~~change ~~Statement~~of the pledgors from the original Qingyuan Beer shareholders to the current ones, ~~etc~~i.e., Mr. Dingyou Zhang and Ms. Mingxia Yuan.

InCall ~~exchange~~Option ~~for~~Agreements. Pursuant to the ~~$25,000~~exclusive ~~capital~~option ~~contribution~~agreements byexecuted ~~Corporate~~with ~~Services~~the ~~International~~Tsingyuan Group companies, ~~Inc.~~the Owners irrevocably grant Qingyuan Management or its designee an exclusive option to purchase, to the ~~Company~~extent ~~issued~~permitted 10under PRC law,~~000~~ ~~shares~~all or part of the equity interests of the Tsingyuan Group companies at a price to be set forth in the relevant transfer documents. The option regarding Qingyuan Beer also includes the corporate trademarks held by Qingyuan Beer. Qingyuan Management or its ~~Series~~designee Ahas ~~Preferred~~sole ~~Stock~~discretion to decide when to exercise any of the purchase options, whether in part or in full, and to determine whether the payment price thereof may be refunded to Qingyuan Management in accordance with applicable PRC law. ~~Corporate~~Upon ~~Services~~the ~~International~~exercise of a purchase option by Qingyuan Management, ~~Inc~~each of the Owners and Linyi Malt will be under noncompetition and nonsolicitation obligations in respect of the relevant Tsingyuan Group company. Each option agreement is in effect until terminated upon any of the following: (a) ~~personal~~unanimous ~~use~~consent ~~business~~of ~~consulting~~all ~~company~~the parties thereto; (b) the completion of ~~which~~the ~~Michael~~acquisition ~~Anthony~~by isQingyuan Management of one hundred percent (100%) of the ~~sole~~equity ~~shareholder~~interests of Linyi Malt or Qingyuan Beer, ~~officer~~as the case may be; or (c) upon thirty (30) days prior notice by Qingyuan Management to the relevant Tsingyuan Group company. On January 6, 2011, due to the equity transfer of the 66.8% interest in Qingyuan Beer from Linyi Malt to Mr. Dingyou Zhang, the parties entered into an Amended and ~~director~~Restated Call Option Agreement to reflect the change of one of the parties, i.e., from Linyi Malt to Mr. Zhang.

~~Moreover~~Proxy Agreements. Pursuant to the proxy agreements executed with the Owners for each Tsingyuan Group company, ~~Michael~~the ~~Anthony~~Owners irrevocably grant a Qingyuan Management designee the right to exercise their voting and other ownership rights in the Tsingyuan Group companies, asincluding ~~officer~~the rights to attend any meeting of the Owners in accordance with applicable PRC laws and ~~director~~the ~~has~~Tsingyuan ~~agreed~~Group companies’ organizational documents, as well as the rights to ~~assist~~sell or transfer all or any of the ~~Company~~Owners’ equity interests in ~~its~~a ~~efforts~~Tsingyuan Group company, and to ~~salvage~~appoint ~~value~~and vote for the ~~benefit~~executive directors. Each proxy agreement shall terminate in the event of ~~its~~any ~~shareholders.~~of the following: ~~Mr.~~(a) ~~Anthony’s~~completion ~~efforts~~of ~~include~~the ~~and~~acquisition ~~will~~by ~~continue~~Qingyuan toManagement ~~include,~~of ~~but~~one ~~are~~hundred ~~not~~percent ~~limited~~(100%) ~~to,~~of ~~assistance~~the equity interests in ~~gathering~~Linyi ~~information,~~Malt ~~retaining~~or ~~counsel~~Qingyuan ~~and~~Beer, ~~working~~as ~~with~~the ~~counsel~~case ~~and~~may be; (b) the ~~auditor~~termination ~~for~~of ~~purposes~~business of ~~preparation~~Linyi Malt or Qingyuan Beer, as the case may be; or (c) the mutual agreement of ~~this~~the ~~Registration~~parties. On ~~Statement~~January ~~and~~6, ~~corresponding~~2011, ~~audited~~due ~~financial~~to ~~statements~~the equity transfer of the 66.8% interest in Qingyuan Beer from Linyi Malt to Mr. ~~Anthony~~Dingyou Zhang, the parties entered into an Amended and ~~Sabre~~Restated ~~Industrial~~Proxy doAgreement ~~not~~to ~~have~~reflect athe ~~written~~change ~~agreement~~of one of the parties, i.e., from Linyi Malt to Mr. Zhang.

Effective March 26, 2010 the Company changed its name to Sabre Industrial, Inc., and enacted a 1:75 reverse split of its outstanding common stock. The Company’s name change is not meant to be reflective of any business plan or particular business industry but rather is thought by management to be neutral and therefore may assist in the Company’s current business plan as described herein.

The Company’s transfer agent is Olde Monmouth Stock Transfer Co., Inc.

Current Business Plan

Sabre Industrial is a shell company in that it has no or nominal operations and either no or nominal assets. At this time, Sabre Industrial's purpose is to seek, investigate and, if such investigation warrants, acquire an interest in business opportunities presented to it by persons or firms who or which desire to seek the perceived advantages of an Exchange Act registered corporation. The Company will not restrict its search to any specific business, industry, or geographical location and the Company may participate in a business venture of virtually any kind or nature. This discussion of the proposed business is purposefully general and is not meant to be restrictive of the Company's virtually unlimited discretion to search for and enter into potential business opportunities. Management anticipates that it may be able to participate in only one potential business venture because the Company has nominal assets and limited financial resources. This lack of diversification should be considered a substantial risk to shareholders of the Company because it will not permit the Company to offset potential losses from one venture against gains from another. Management may sell its shares to a third party who subsequently will complete a transaction to bring the Company from a shell company to an operating entity.

~~Management~~Our ~~has~~corporate ~~substantial~~organization ~~flexibility~~chart inis ~~identifying~~set ~~and~~forth ~~selecting a prospective new business opportunity~~below. ~~Sabre Industrial would not be obligated nor does management intend to seek pre-approval by our shareholders prior to entering into a transaction.~~

~~Sabre~~The ~~Industrial~~Beer ~~may~~Industry ~~seek~~in ~~a business opportunity with entities which have recently commenced operations, or which wish to utilize~~ the public marketplace in order to raise additional capital in order to expand into new products or markets, to develop a new product or service, or for other corporate purposes. Sabre Industrial may acquire assets and establish wholly owned subsidiaries in various businesses or acquire existing businesses as subsidiaries.PRC

~~Sabre~~The ~~Industrial~~Chinese ~~intends~~beer tomarket ~~promote~~has ~~itself~~experienced ~~privately.~~significant ~~The~~growth ~~Company~~in ~~anticipates that~~ the ~~selection~~past of30 ayears ~~business~~and ~~opportunity~~within inthe ~~which~~past tofive ~~participate~~years ~~will~~has bepassed ~~complex~~the ~~and~~United ~~risky.~~States ~~Due~~ to ~~general~~become ~~economic~~the ~~conditions,~~world’s ~~rapid~~largest ~~technological~~beer ~~advances~~market ~~being~~by ~~made~~production involume, ~~some~~with ~~industries~~annual ~~and~~production ~~shortages~~in 2009 of ~~available~~approximately ~~capital,~~43 ~~management~~billion ~~believes~~liters, ~~that~~up ~~there~~5% ~~are~~from ~~numerous~~41 ~~firms~~billion ~~seeking~~liters ~~the~~in ~~perceived benefits of a publicly registered corporation~~2008. In ~~Such~~addition ~~perceived~~to ~~benefits~~the ~~may~~strong ~~include~~economic ~~facilitating~~growth orin ~~improving~~ the ~~terms~~PRC, onthe ~~which~~following ~~additional~~factors ~~equity~~have ~~financing may be sought~~contributed, ~~providing~~and ~~liquidity~~are ~~for~~expected ~~incentive~~to ~~stock~~continue ~~options or similar benefits~~ to ~~key employees~~contribute, ~~providing liquidity (subject~~ to ~~restrictions~~the ofgrowth ~~applicable~~in ~~statutes),~~the ~~for~~beer ~~all~~industry ~~shareholders,~~in ~~and other factors.~~China:

~~Sabre~~· ~~Industrial~~The ~~has,~~Rapid Urbanization and ~~will~~Increasing ~~continue~~Disposable toIncome ~~have,~~of ~~little~~the orPopulation. noThe ~~capital~~increasing ~~with~~urbanization ~~which~~of ~~to provide~~ the ~~owners~~Chinese ofpopulation ~~business~~has ~~opportunities~~accelerated ~~with~~in ~~any~~recent ~~significant~~years ~~cash~~as ~~or other assets. At year end March 31, 2010 Sabre Industrial had~~ a ~~cash~~result ~~balance~~ of ~~$12,372.~~the ~~Management~~migration ~~believes~~of the ~~Company~~rural ~~will~~population ~~be able~~ to ~~offer~~urban ~~owners~~areas ofand ~~acquisition candidates~~ the ~~opportunity~~transformation toof ~~acquire~~small atowns ~~controlling~~into ~~ownership~~larger-scale ~~interest~~cities inas a ~~publicly~~result ~~registered~~of ~~company~~rapid ~~without~~industrialization. ~~incurring~~According ~~the cost and time required~~ to ~~conduct~~the anNational ~~initial~~Bureau ~~public~~of ~~offering.~~Statistics ~~The owners~~ of ~~the~~China, ~~business~~or ~~opportunities will~~NBSC, ~~however,~~the ~~incur~~urban ~~significant~~population ~~legal~~accounted ~~and~~for ~~accounting~~approximately ~~costs~~36.2% ~~in connection with the acquisition~~ of ~~a business opportunity, including~~ the ~~costs~~total ofpopulation ~~preparing~~in ~~Form~~2002 ~~8K's, 10K's, 10Q's~~ and ~~agreements~~46.6% ~~and~~in ~~related reports and documents~~2009. ~~The~~With ~~Securities~~the ~~Exchange~~rapid ~~Act~~growth of ~~1934 (~~the ~~"34~~Chinese ~~Act")~~economy, ~~specifically~~income ~~requires~~levels ~~that~~of ~~any~~urban ~~merger~~households orhave ~~acquisition~~increased ~~candidate~~and ~~comply~~living ~~with~~standards ~~all~~have ~~applicable~~improved. ~~reporting~~According ~~requirements, which include providing audited financial statements~~ to beNBSC, ~~included within~~ the ~~numerous~~annual ~~filings~~per ~~relevant~~capita todisposable ~~complying~~income ~~with~~of ~~the~~urban ~~`34~~households ~~Act.~~in ~~Nevertheless,~~ the ~~officer~~PRC ~~and~~increased ~~director~~from ofRMB6,280 ~~Sabre~~in ~~Industrial~~2000 ~~has~~to ~~not~~RMB17,175 ~~conducted~~in ~~market~~2009, ~~research~~representing ~~and is not aware of statistical data which would support the perceived benefits of~~ a ~~merger~~compound orannual ~~acquisition~~growth ~~transaction~~rate ~~for the owners~~ of ~~a business opportunity~~11.8%.

The analysis of new business opportunities will be undertaken by, or under the supervision of, the officer and director of the Company, or successor management, with such outside assistance as he or they may deem appropriate. The Company intends to concentrate on identifying preliminary prospective business opportunities, which may be brought to its attention through present associations of the Company's officer and director. In analyzing prospective business opportunities, the Company will consider such matters as the available technical, financial and managerial resources; working capital and other financial requirements; history of operations, if any; prospects for the future; nature of present and expected competition; the quality and experience of management services which may be available and the depth of that management; the potential for further research, development, or exploration; specific risk factors not now foreseeable but which then may be anticipated to impact the proposed activities of the Company; the potential for growth or expansion; the potential for profit; the perceived public recognition or acceptance of products, services, or trades; name identification; and other relevant factors. The Company will not acquire or merge with any company for which audited financial statements are not available.

~~The~~· ~~foregoing~~Changing ~~criteria~~Lifestyles ~~are~~and ~~not~~Consumption ~~intended~~Patterns. Due to bethe ~~exhaustive~~farming tradition in the PRC, the Chinese have preferred the white spirits, which is mainly made by broomcorn and ~~there~~wheat. ~~may~~In bethe ~~other~~modern ~~criteria~~Chinese ~~that~~society with changing lifestyles, drinking trends and perceptions have been changing in the ~~Company~~PRC ~~may~~in ~~deem~~recent ~~relevant~~years, with an increasing proportion of the Chinese population preferring beer rather than high-alcohol-content drinks.

~~The~~Despite ~~Officer~~the ofrecent ~~Sabre~~growth ~~Industrial~~in ~~has some~~production, ~~but~~annual ~~not~~beer ~~extensive~~consumption ~~experience~~per capita is low in ~~managing~~the ~~companies~~PRC ~~similar~~compared to the ~~Company~~United States and ~~shall~~European ~~mainly~~countries. According ~~rely~~to ~~upon~~My ~~his~~Decker ~~own efforts~~Capital, inan ~~accomplishing~~industry ~~the~~analyst, ~~business~~based ~~purposes~~upon ofavailable ~~the~~trade ~~Company.~~data, ~~The~~annual ~~Company~~per ~~may~~capita ~~from~~beer ~~time~~consumption toin ~~time~~the ~~utilize~~PRC ~~outside~~was ~~consultants~~estimated orto ~~advisors~~be toapproximately ~~effectuate~~36.5 ~~its~~liters ~~business~~per ~~purposes~~year ~~described~~in ~~herein.~~2010, Nowhich ~~policies~~we ~~have~~believe ~~been~~is ~~adopted~~less ~~regarding~~than ~~use~~half of ~~such~~the ~~consultants~~per orcapita ~~advisors,~~consumption ~~the~~level ~~criteria~~in tothe bemore ~~used~~wealthy inWestern ~~selecting~~countries. The ~~such~~per ~~consultants~~capita orlevels ~~advisors,~~in the ~~services~~PRC tohave bebeen ~~provided,~~rising ~~the~~in ~~term~~recent ofyears, ~~service~~however, oras ~~regarding~~an increasing proportion of the ~~total~~Chinese ~~amount~~population ofis ~~fees~~starting ~~that~~to ~~may~~prefer bebeer ~~paid.~~rather ~~However,~~than ~~because~~other ofhigh ~~the~~alcohol ~~limited~~content ~~resources~~drinks. According ofto the ~~Company~~NBSC, itadult isper ~~likely~~capita ~~that~~consumption ~~any~~was ~~such~~only ~~fee~~30.6 ~~the~~liters ~~Company~~in ~~agrees~~2007, towhich ~~pay~~was ~~would~~up be11.3% ~~paid~~from 27.5 liters in ~~stock~~2006 and ~~not~~up 78.9% from 17.1 liters in ~~cash~~2000. This growth was driven by several factors, including

~~Sabre~~· ~~Industrial~~increased ~~does~~income not intend to obtain funds in one or more private placements to finance the operation of any acquired business opportunity until such time as the Company has successfully consummated such a merger or acquisition. Rather Sabre Industrial intends to borrow money from management related parties to finance ongoing operations.levels;

~~Management~~· ~~intends~~greater toadvertising ~~devote such time as it deems necessary to carry out the Company's affairs. We cannot project the amount~~ of ~~time~~beer ~~that~~by ~~our management will actually devote to our plan of operation.~~manufacturers;

~~The~~· ~~time~~a ~~and~~preferential ~~costs~~shift ~~required~~towards tobeer ~~pursue~~by new business opportunities, which includes due diligence investigations, negotiating and documenting relevant agreements and preparing requisite documents for filing pursuant to applicable securities laws, cannot be ascertained with any degree of certainty.consumers;

~~Sabre~~· ~~Industrial~~increased ~~intends~~competition tothat ~~conduct~~kept ~~its~~prices activities so as to avoid being classified as an "Investment Company" under the Investment Company Act of 1940, and therefore avoid application of the costly and restrictive registration and other provisions of the Investment Company Act of 1940 and the regulations promulgated thereundersteady.

~~GOVERNMENT~~Unlike ~~REGULATIONS~~the market in the United States, which is dominated by several very large producers that sell their products nationwide, the beer market in the PRC historically has been an aggregation of local markets with each region having specific tastes, preferences and spending patterns. As a result of the localized nature of the beer market, small regional breweries have dominated these fragmented markets. However, industry concentration has increased significantly over the past decade as the production has increased and foreign competitors have entered the marketplace. According to Euromonitor International, a market research firm focused on the consumer markets, the combined market share of the top four beer companies has increased from 18.9% in 2000 to 54.1% in 2009. The top three brewers accounted for only 43% of the total market share in 2009, compared to an average of 70% for the top ten largest beer markets. In addition, the number of beer manufacturers in the PRC fell from 474 in 1999 to 249 in 2008. Such consolidation is expected to continue in the future as the largest competitors continue to take market share from the local and some of the regional breweries.

AsIn aterms ~~registered corporation, Sabre Industrial, Inc. is subject to the reporting requirements~~ of ~~the~~regional ~~Securities Exchange Act of 1934~~distribution, ~~as amended (~~the ~~"34~~Chinese ~~Act")~~beer ~~which~~industry ~~includes~~recorded the ~~preparation~~highest ~~and~~sales ~~filing~~revenues ofin ~~periodic,~~East ~~quarterly and annual reports on Forms 8K, 10Q and 10K~~China. ~~The~~According 34to ~~Act~~CEIC ~~specifically~~China ~~requires~~Database, ~~that~~a ~~any~~market ~~merger~~research ~~or acquisition candidate comply with all applicable reporting requirements~~firm, ~~which~~the ~~include~~top ~~providing~~ten ~~audited~~beer ~~financial~~consuming ~~statements~~Chinese toprovinces bein 2009 included ~~within~~ the ~~numerous filings relevant to complying with the `34 Act.~~following:

SABRE INDUSTRIAL IS A BLANK CHECK COMPANY

At present, Sabre Industrial is a development stage company with no revenues and has no specific business plan or purpose. Sabre Industrial's business plan is to seek new business opportunities or to engage in a merger or acquisition with an unidentified company. As a result, Sabre Industrial is a blank check company and any offerings of our securities would need to comply with Rule 419 under the Act. The provisions of Rule 419 apply to every registration statement filed under the Securities Act of 1933, as amended, by a blank check company. Rule 419 requires that the blank check company filing such registration statement deposit the securities being offered and proceeds of the offering into an escrow or trust account pending the execution of an agreement for an acquisition or merger. In addition, the registrant is required to file a post effective amendment to the registration statement containing the same information as found in a Form 10 registration statement, upon the execution of an agreement for such acquisition or merger. The rule provides procedures for the release of the offering funds in conjunction with the post effective acquisition or merger. Sabre Industrial has no current plans to engage in any such offerings.

SABRE INDUSTRIAL'S COMMON STOCK IS A PENNY STOCK

Province	Consumption (10,000 kl)		Percentage of China Total Consumption
Shandong		507.1		11.7	%
Henan		445.6		10.3
Guangdong		330.1		7.6
Hubei		255.2		5.9
Liaoning		244.8		5.7
Zhejiang		236.5		5.5
Jiangsu		239.3		5.5
Sichuan		219.1		5.1
Fujian		189.8		4.4
Heilongjian		175.4		4.0
Total		4,331.1		65.7	%

~~Sabre~~The ~~Industrial's~~Chinese ~~common~~beer ~~stock~~market iscan afurther ~~"penny~~be ~~stock,"~~broadly ascharacterized ~~defined~~into inthree ~~Rule~~pricing ~~3a51-1~~segments: ~~under~~premium, ~~the~~mainstream, ~~Exchange~~or ~~Act. The penny stock rules require a broker~~affordably-~~dealer~~priced, ~~prior~~and tobudget apriced. ~~transaction~~The inpremium-priced asegment, ~~penny~~which ~~stock~~is ~~not~~primarily ~~otherwise~~found ~~exempt~~only ~~from~~in the ~~rules~~largest cities, toaccounts ~~deliver~~for a ~~standardized~~relatively-static ~~risk~~5% ~~disclosure document that provides information about penny stocks and the nature and level~~ of ~~risks in~~ the ~~penny~~total ~~stock~~ market. ~~The~~and ~~broker-dealer~~is ~~also~~generally ~~must~~a ~~provide~~crowded ~~the customer with current bid~~ and ~~offer~~highly-competitive ~~quotations~~market ~~for~~segment. ~~the~~Because ~~penny~~China’s ~~stock,~~economic ~~the~~growth ~~compensation~~has offocused ~~the~~on ~~broker-dealer and~~ its ~~sales~~larger ~~person~~cities, inand ~~the~~because ~~transaction,~~prestige ~~and~~is ~~monthly~~a ~~account~~dominant ~~statements~~factor ~~showing~~in the ~~market~~development ~~value~~ of ~~each~~brand ~~penny~~consciousness ~~stock held~~ in the ~~customer's~~larger ~~account. In addition~~cities, the ~~penny~~majority ~~stock~~of ~~rules~~new ~~require~~brands ~~that~~entering the ~~broker-dealer,~~market ~~not~~have ~~otherwise~~been ~~exempt from such rules~~high-priced, ~~must~~finely-crafted ~~make~~beers. aWhile ~~special~~these ~~written~~are ~~determination~~attractive ~~that~~to ~~the~~urbanites ~~penny~~seeking ~~stock~~to isdevelop ~~suitable~~a ~~for~~cosmopolitan ~~the~~image, ~~purchaser~~we ~~and~~believe ~~receive~~most ~~the~~Chinese ~~purchaser's~~residents ~~written~~cannot ~~agreement~~afford to ~~the~~drink ~~transaction.~~these ~~These~~beers ~~disclosure~~on ~~rules~~a ~~have~~daily ~~the~~basis. ~~effect~~The ofpricing ~~reducing the level~~ of ~~trading~~premium ~~activity~~brands ingenerally ~~the~~is ~~secondary~~two ~~market~~or ~~for~~three atimes ~~stock~~the ~~that~~price ~~becomes~~of ~~subject to~~ the ~~penny~~other ~~stock~~market ~~rules~~segments. SoPremium ~~long~~beer ~~as the common stock of Sabre Industrial~~ is ~~subject~~sold toin ~~the penny stock rules~~non-returnable, itsuperior ~~may~~packages bethat ~~more~~results ~~difficult~~in tohigher ~~sell~~capital, ~~our~~operating ~~common~~and ~~stock~~material costs.

~~ACQUISITION~~Low-quality, OFbudget-priced ~~OPPORTUNITIES~~beer which has been developed to meet the demands of a less developed economy, accounts for approximately 90% of the market. Significant improvements in beer technology in the past 20 years have enabled low-cost production of generic beer, which has prompted most established brewers to compete on the basis of price. This phenomenon has resulted in reducing margins across the industry, preventing most brewers from capturing a significant portion of the market outside their own province. Most of the beer manufacturers in China sell their products only locally, where they hold market position on the basis of familiarity. We believe it is neither easy nor profitable to attempt to gain a nationwide foothold in the low-end market.

~~Management~~Between ~~owns~~the ~~150,641~~premium ~~shares~~priced ofsegment ~~common~~and ~~stock~~the ~~and~~budget-priced ~~10,000~~beer ~~shares~~segment ofis ~~series~~the Asmall ~~Preferred~~but ~~Stock. Each~~growing ~~share~~segment of ~~Series~~mainstream Aand ~~Preferred~~well-crafted ~~Stock~~mid-priced ~~entitles~~beer ~~the~~that ~~holder~~is ~~thereof~~marketed to ~~10,000~~the ~~votes~~growing onmiddle ~~all~~class ~~matters~~of ~~for~~Chinese ~~which~~consumers ~~shareholders~~who are ~~entitled~~located toin ~~vote. Accordingly management controls 99% of~~ the ~~total~~growing ~~issued~~second- and ~~outstanding~~third-tier ~~shares~~cities ofthroughout ~~Sabre~~China ~~Industrial.~~and Asin athe ~~result,~~small ~~management~~towns ~~will~~within ~~have~~the ~~substantial~~Chinese ~~flexibility~~industrial ~~in identifying~~ and ~~selecting~~technology ~~a prospective new business opportunity~~zones. InMedium-priced ~~implementing~~beer agenerally ~~structure~~sells for abetween ~~particular~~3RMB ~~business~~($0.45) ~~acquisition,~~and ~~the~~4RMB ~~Company~~($0.60) ~~may~~for ~~become~~ a ~~party~~600 toml abottle. These ~~merger,~~beers ~~consolidation,~~are ~~reorganization,~~generally ~~joint~~packaged ~~venture,~~in orreturnable ~~licensing~~bottles ~~agreement~~and ~~with~~are ~~another~~distributed ~~corporation~~in orreturnable ~~entity~~crates. The Itbrewers ~~may also acquire stock or assets~~ of anthese ~~existing~~beers ~~business.~~typically Onown the ~~consummation~~bottles ofand acrates ~~transaction, it is probable that the present management~~ and ~~shareholders~~therefore ofexert ~~the~~tight ~~Company~~distribution ~~will~~controls noto ~~longer~~maintain beinventory ~~in control of the Company~~levels. This Ingenerally ~~addition,~~limits the ~~Company's~~distribution ~~directors may, as part~~ of ~~the~~these ~~terms~~brands ofto the ~~acquisition~~immediate ~~transaction,~~market ~~resign~~surrounding ~~and be replaced by new directors without a vote of~~ the ~~Company's shareholders or may sell their stock in the Company~~brewery. ~~Moreover, management may sell or otherwise transfer his interest in the Company to new management who will then continue the Company business plan of seeking new business opportunities.~~

ItMalt demand is ~~anticipated~~primarily ~~that~~driven ~~any~~from ~~securities~~the ~~issued~~brewing inindustry. The ~~any~~increase ~~reorganization~~in ~~would~~demand befor ~~issued~~beer inmalt ~~reliance~~over ~~upon~~the anpast ~~exemption~~decade ~~from~~has ~~registration~~been ~~under~~driven ~~applicable~~by ~~federal~~the ~~and~~increase ~~state~~both ~~securities~~in ~~laws.~~the Indemand ~~some~~for ~~circumstances,~~beer ~~however,~~in asthe aPRC ~~negotiated~~and ~~element~~the number of ~~its~~local ~~transaction,~~brewers. According ~~the~~to ~~Company~~a ~~may~~journal ~~agree~~report tofrom ~~register~~China ~~all~~Food orIndustry, a ~~part~~trade ofjournal ~~such~~published ~~securities~~by ~~immediately~~the ~~after~~China ~~the~~Food ~~transaction~~Industry isAssociation, ~~consummated~~there orwere atover ~~specified~~120 ~~times~~trading ~~thereafter.~~maltsters Ifin ~~such~~China ~~registration~~in ~~occurs~~2008, ofalthough ~~which~~this ~~there~~number ~~can~~could be nomuch ~~assurance,~~larger itdue ~~will~~to bemany ~~undertaken~~small bybreweries having their own malting. We estimate that less than half of the ~~surviving~~maltsters ~~entity~~would ~~after~~be considered to have significant commercial operations. Many of the ~~Company~~larger ~~has~~maltsters ~~successfully~~are ~~consummated~~joint aventures ~~merger~~with orlarge ~~acquisition~~international companies.

~~With~~The ~~respect~~technical tocapabilities ~~any~~of ~~merger~~the orChinese ~~acquisition,~~malting ~~negotiations~~companies ~~with~~vary ~~target~~significantly ~~company~~from ~~management~~simple ~~are~~floor ~~expected~~operations to ~~focus~~advanced ontower ~~the~~maltings. Local ~~percentage~~climate ofconditions ~~the~~play ~~Company~~a ~~which~~significant ~~the~~role ~~target~~on ~~company~~malt ~~shareholders~~quality ~~would~~and ~~acquire~~consistency inwith ~~exchange~~many ~~for~~smaller ~~all~~companies oflacking ~~their~~refrigeration ~~shareholdings~~to incater ~~the~~for ~~target company. Depending upon~~hot, ~~among~~humid ~~other~~summer ~~things,~~conditions. For ~~the target company's assets and liabilities~~example, ~~the~~water ~~Company's~~temperatures ~~shareholders~~can ~~will~~vary infrom ~~all~~5 ~~likelihood~~to ~~hold~~30 adegrees ~~substantially~~centigrade ~~lesser~~depending ~~percentage~~on ~~ownership interest in~~ the ~~Company~~time ~~following~~of ~~any~~year, ~~merger~~which orwould ~~acquisition.~~influence ~~The~~the ~~percentage~~steeping ~~ownership~~times ~~may~~from behours ~~subject~~ to ~~significant~~days ~~reduction~~and inimpact ~~the~~malt ~~event~~conformity ~~the~~and ~~Company~~consistency. As ~~acquires~~ a ~~target~~result ~~company~~of ~~with~~these ~~substantial~~temperature ~~assets.~~fluctuations, ~~Any~~many ~~merger~~malting orcompanies ~~acquisition~~do ~~effected~~not byproduce ~~the~~malt ~~Company~~during ~~can~~the besummer ~~expected~~months tobecause ~~have a significant dilutive effect on~~ the ~~percentage~~electricity ofcosts ~~shares~~are ~~held~~too ~~by the Company's then shareholders~~high.

~~Sabre~~The ~~Industrial~~Chinese ~~will~~maltster ~~participate~~also inmust adeal ~~business~~with ~~opportunity~~a ~~only~~large ~~after~~selection ~~the negotiation and execution~~ of ~~appropriate~~barley ~~written agreements~~varieties. The ~~Although~~PRC ~~the~~has ~~terms~~at ofleast ~~such~~30 ~~agreements~~barley ~~cannot~~varieties beand ~~predicted,~~there ~~generally~~are ~~such~~a ~~agreements~~significant ~~will~~number ~~require~~of ~~some~~barleys ~~specific~~imported ~~representations~~into ~~and warranties by all of~~ the ~~parties~~PRC ~~thereto~~from Australia, ~~will specify certain events of default~~France, ~~will~~Canada ~~detail the terms of closing~~ and ~~the~~other ~~conditions~~countries. Each ~~which~~maltser must beunderstand ~~satisfied by each of~~ the ~~parties~~malting ~~prior~~conditions tofor ~~and~~each ~~after~~variety ~~such closing, will outline the manner~~ of ~~bearing~~barley ~~costs, including costs associated with the Company's attorneys~~ and ~~accountants,~~select ~~will~~a ~~set~~number ~~forth~~of ~~remedies~~barleys onto ~~default~~malt ~~and~~that will ~~include~~satisfy ~~miscellaneous~~its ~~other~~customers’ ~~terms~~requirements.

~~Sabre~~Our Industrial does not intend to provide its security holders with any complete disclosure documents, including audited financial statements, concerning an acquisition or merger candidate and its business prior to the consummation of any acquisition or merger transaction.Strategy

~~Sabre~~Our ~~Industrial~~plan ~~has~~for ~~not~~growth ~~expended~~targets ~~funds~~the most underserved portion of the rapidly-growing Chinese middle class. While the newer high-end entrants to the market and the importers focus on the largest cities in China, we are focused on the second and ~~has~~third-tier nocities, ~~plans~~as well as small towns that are within the Chinese industrial and technology zone and so are sharing in the growing prosperity of China. In many of these areas, our beers are among the few available beers that are crafted from top-quality raw materials using advanced brewing technology, while remaining priced at a level affordable for everyday consumption. We believe our wholesalers and distributors are generally pleased by our “alternative market” focus, as their marketing efforts can be more effective in areas in which they do not face the intense marketing pressure common in Beijing, Guangzhou and other major metropolitan areas. Moreover, the receptivity of the middle-class population of the smaller cities to ~~expend~~a ~~funds~~quality orbrand ~~time~~tends onto ~~product~~be ~~research~~in orinverse ~~development~~proportion to the number of quality brands available.

~~COMPETITION~~We intend to enhance our position as a leading regional producer of finely-crafted, affordably-priced beer products by expanding production, bottling capacity and marketing of our beers, while maintaining the quality of our production of malt and beer by using high-quality ingredients and employing an advanced, technology-driven production process. Key elements of our business strategy include the following:

~~Sabre~~Maintain ~~Industrial~~Our ~~will~~Strength ~~remain~~in anMalt ~~insignificant~~Production. ~~participant~~We ~~among~~intend ~~the~~to ~~firms~~support ~~which~~and ~~engage~~grow in the ~~acquisition~~existing ofmarket ~~business~~for ~~opportunities.~~our ~~There~~beer ~~are~~malt ~~many~~products ~~established~~through ~~venture~~increased ~~capital~~marketing and ~~financial~~sales ~~concerns~~efforts in the provinces in which ~~have~~we ~~significantly~~currently ~~greater~~sell ~~financial~~such products and ~~personnel~~by ~~resources~~commencing our marketing and ~~technical~~sales ~~expertise~~efforts ~~than~~in ~~the~~neighboring ~~Company~~provinces. We Inalso ~~view~~intend ofto ~~Sabre~~add ~~Industrial's~~new ~~combined~~malt ~~extremely~~products ~~limited~~to ~~financial~~our ~~resources~~malt ~~and~~product ~~limited~~catalog ~~management~~to ~~availability,~~help our customers meet the ~~Company~~rapidly-growing ~~will~~demand ~~continue~~for alternative types of beers in the PRC and to begive atus a ~~significant~~competitive advantage in the marketplace by offering alternative malt products that are not available from competitive ~~disadvantage~~malt ~~compared~~suppliers. As we add new malt products, we may adjust our product offerings to ~~the~~reduce ~~Company's~~our ~~competitors~~investment in certain lower-profit malt products. We also intend to focus on improving our malt production processes in an effort to continue to improve our production quality and controls and to reduce production costs.

~~EMPLOYEES~~Produce High-Quality Beer Products. We are committed to producing a variety of full-flavored, affordably-priced beers. We employ a Head Brewmaster and an assistant brewmaster to ensure the high quality and consistency of our products. To monitor the quality of our products, we maintain our own quality control laboratory staffed with 16 full-time quality control technicians. To monitor freshness, we date each bottle, can and case with the date and time of its bottling or canning. We brew our beers according to traditional styles and methods by selecting and using only high-quality ingredients.

~~Sabre~~ Acquiring ~~Industrial~~Complementary ~~currently~~Beer ~~has~~Products noLines ~~employees~~and Companies. ~~The~~We ~~business~~intend ofto ~~the~~selectively ~~Company~~pursue ~~will~~strategic beacquisition ~~managed~~opportunities bythat ~~its~~we ~~sole~~believe ~~officer~~will ~~and~~grow ~~director~~our ~~and~~customer ~~such~~base, ~~officers~~expand orour ~~directors~~beer ~~which~~product ~~may~~lines ~~join~~and ~~the~~distribution ~~Company~~network, inenhance ~~the~~our ~~future,~~production and ~~who~~technical ~~may~~expertise ~~become~~or ~~employees~~otherwise ofcomplement ~~the~~our ~~Company.~~business ~~The~~or ~~Company~~further ~~does~~our ~~not~~strategic ~~anticipate~~goals. aPursuing ~~need~~strategic toacquisitions ~~engage~~is ~~any~~a ~~fulltime~~significant ~~employees~~component atof ~~this~~our ~~time~~growth strategy.

~~ITEM~~Brew ~~1A: RISK~~Products ~~FACTORS~~in Company-Owned and Operated Facilities. We own and operate our own brewing facility, which enables us to optimize the quality and consistency of our products, to achieve the greatest control over our production costs and to formulate new brewed products. We believe our ability to engage in new product development through onsite experimentation in our brewhouse and to continuously monitor and control product quality in our own facilities are competitive advantages.

FORWARD-LOOKING STATEMENTS

This annual report on Form 10-K contains forward-looking statements that are based on current expectations, estimates, forecasts and projections about us, our future performance, the market in which we operate, our beliefs and our management's assumptions. In addition, other written or oral statements that constitute forward-looking statements may be made by us or on our behalf. Words such as "expects", "anticipates", "targets", "goals", "projects", "intends", "plans", "believes", "seeks", "estimates", variations of such words and similar expressions are intended to identify such forward-looking statements. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions that are difficult to predict or assess. Therefore, actual outcomes and results may differ materially from what is expressed or forecast in such forward-looking statements.

WEMaintain ~~ARE~~a ~~DEPENDENT~~Focused ONDistribution ~~THE~~of ~~SERVICES~~Our OFBeers. ~~OUR~~We ~~SOLE~~distribute ~~OFFICER~~our ~~AND~~beers ~~DIRECTOR~~under our own labels through a network of wholesale distributor relationships. We currently distribute our products in seven provinces in both eastern and northern China, although the majority of our sales remain concentrated in Shandong and Hebei Provinces. We intend to further penetrate our existing markets and to enter new markets with a targeted, cost effective approach in our sales and marketing efforts. We choose wholesaler distributors that we believe will best promote and sell our brands. Through on-site tours and presentations, we actively educate our distributors in the total brewing process and the growing middle-market beer industry. Over the longer term, we intend to explore the export market for our products by distributing our beers through international trading companies headquartered in the PRC.

~~Sabre~~Introduce ~~Industrial~~New isProducts. ~~dependent~~We ~~upon~~are committed to developing and introducing new beer products under our own labels to appeal to the ~~continued~~growing ~~services~~middle ofmarket ~~its~~in ~~sole~~China’s ~~officer~~second and ~~director,~~third-tier ~~Michael Anthony~~cities. IfWe ~~Mr.~~believe ~~Anthony~~our ~~were~~diversified toproduct ~~cease~~mix ~~offering~~and ~~his~~brewing ~~services~~expertise ~~while~~enhance heour isability ~~the~~to ~~sole~~create ~~officer~~successful ~~and~~new ~~director,~~products. itWe isalso ~~likely~~believe that ~~the~~new ~~Company~~product ~~would~~introductions ~~cease~~have tohelped ~~maintain~~us ~~its~~gain ~~filings~~consumer awareness in our existing markets. Currently, we market one beer under ~~the~~our ~~Exchange~~Qinglin ~~Act~~label, one beer under our Qingyi label and ~~would~~six ~~cease~~beers under our Qingyuan label. In 2011, we intend to ~~seek~~introduce a new ~~business~~draft ~~opportunities~~beer that has a fresher, non-oxidized taste, better color and a higher nutritional value than our existing beer products.

~~THE~~Increase ~~COMPANY~~Our ~~HAS~~Bottling ~~LIMITED~~and ~~ASSETS~~Canning ~~AND~~Capacity. NOSince ~~PRESENT~~we ~~SOURCE~~started OFproducing ~~REVENUES~~beer in 2007, our beer production capacity has exceeded our bottling capacity, which has had an adverse impact on our ability to maximize our beer sales. ~~THE~~Our ~~COMPANY~~first ISbottling ~~DEPENDENT~~line ~~UPON~~commenced ~~THE~~operation ~~FINANCIAL~~in ~~SUPPORT~~February OF2007 ~~ITS~~with ~~SOLE~~an ~~OFFICER~~annual ~~AND~~bottling ~~DIRECTOR~~capacity ~~AND~~of ~~ENTITIES~~37,000 HEmetric IStons, ~~AFFILIATED~~assuming ~~WITH~~10 working months per year, a 5-day work week and two 8-hour shifts per day. In January 2010, we added a second bottling line, which increased our annual bottling capacity to 83,000 metric tons and in October 2010, we added our first canning line, which increased our bottling and canning capacity to 98,000 metric tons. Based upon the anticipated increase in our beer sales and product mix, we intend to continue to expand our bottling and canning capacity, and in 2011, we intend to add an additional beer bottling line to increase our bottling and canning capacity to 160,000 metric tons.

AtProvide ~~present,~~a ~~our~~High ~~business~~Level ~~activities~~of ~~are~~Customer ~~limited to seeking potential business opportunities~~Service. ~~Due~~Through to our ~~limited~~high-quality ~~financial~~brewing ~~and~~standards ~~personnel resources, there is only a limited basis upon which to evaluate our prospects for achieving our intended business objectives. We have only limited resources~~ and ~~have~~timely noavailability ~~operating~~of ~~income~~product, ~~revenues~~we orbelieve ~~cash~~we provide ~~flow~~a ~~from~~high ~~operations.~~level ~~Our~~of ~~management~~customer isservice ~~providing us with funding, on an as needed basis, necessary for us~~ to ~~continue~~ our ~~corporate~~malt ~~existence~~ and ~~our~~beer ~~business~~customers. ~~objective~~We tobelieve ~~seek new business opportunities, as well as funding the costs, including professional accounting fees, of registering~~ our ~~securities~~emphasis ~~under~~on ~~the~~customer ~~Exchange~~service ~~Act~~has ~~and~~enabled ~~continuing~~us to beincrease asales ~~reporting company under the Exchange Act. We have no written agreement with our management~~ to ~~provide~~these ~~any interim financing for any period~~customers. ~~In addition, we will not generate any revenues unless and until we enter into a new business. As of March 31, 2009 we had cash $24,898 and as of March 31, 2010 we had cash of $12,372.~~

~~MANAGEMENT~~Our ~~HAS~~Malt ~~BROAD DISCRETION OVER THE SELECTION OF OUR PROSPECTIVE BUSINESS~~Business

~~Any~~Linyi ~~person~~Malt ~~who~~was ~~invests~~organized in ~~our~~2004. ~~securities~~Its ~~will~~business dopurpose sois ~~without~~to anengage ~~opportunity~~in tothe ~~evaluate~~manufacture ~~the~~and ~~specific~~sale ~~merits~~of orbrewer’s ~~risks~~malt ofused ~~any~~in ~~potential~~the ~~new~~production ~~prospective~~of ~~business~~beer. With the growth in ~~which~~demand wefor ~~may~~beer ~~engage.~~in Asboth aurban ~~result,~~and ~~investors~~rural ~~will~~China, beindustry ~~entirely~~data ~~dependent~~has onconsistently ~~the~~indicated ~~broad~~a ~~discretion~~shortage ~~and~~of ~~judgment~~suppliers of ~~management~~quality inbrewer’s ~~connection~~malt. ~~with~~Linyi ~~the~~Malt ~~selection~~was ofestablished ato ~~prospective~~help ~~business~~fill that gap. ~~The~~Linyi ~~business~~Malt ~~decisions~~currently ~~made~~has bythe ~~our~~capacity ~~management~~to ~~may~~produce ~~not~~120,000 bemetric ~~successful~~tons of malt per year.

~~SHAREHOLDERS~~Linyi ~~WILL~~Malt ~~NOT~~imports ~~RECEIVE~~barley ~~DISCLOSURE~~from ORAustralia, ~~INFORMATION~~Canada ~~REGARDING~~and AFrance, ~~PROSPECTIVE~~depending ~~BUSINESS~~on customer demand and market conditions. We also malt a variety of domestic barleys, including Jiangsu barley from eastern China and Gansu barley from northwest China, and a particularly high-quality barley from Inner Mongolia. We also import French wheat for malting for use in wheat beers. Raw material generally arrives at the nearby Pingyuan railway station, from which we transport it to our production facility in our own vehicles.

~~As of the date of this registration statement~~ Currently, we ~~have~~manufacture ~~not~~various ~~yet~~types ~~identified~~of ~~any~~malt ~~prospective~~products. Our ~~business~~malts orare ~~industry~~either used in ~~which~~the weproduction ~~may~~of ~~seek~~our toown ~~become~~beer ~~involved~~products ~~and~~or atare ~~present~~sold weon ~~have~~a nowholesale ~~information~~basis ~~concerning any prospective business. Management is not required~~ to ~~and~~other ~~will~~breweries ~~not~~through ~~provide~~our ~~shareholders~~direct ~~with~~sales ~~disclosure or information regarding prospective business opportunities~~force. ~~Moreover,~~Most aof ~~prospective~~our ~~business~~third-party ~~opportunity~~malt ~~may~~sales ~~not~~involve ~~result~~malts inthat amade ~~benefit~~ to ~~shareholders~~meet orour ~~prove~~customers’ tospecifications beon ~~more~~a ~~favorable~~custom ~~to shareholders than any other investment that may be made by shareholders and investors~~basis.

~~THERE~~The ISmalting NOprocess ~~ACTIVE~~is ~~MARKET~~an ~~FOR~~ancient ~~OUR~~process, ~~COMMON~~but ~~STOCK~~modern ~~AND~~technology ~~ACCORDINGLY~~has ~~OUR~~enabled ~~STOCK~~us ISto ~~ILLIQUID~~optimize ~~AND~~the ~~MAY~~quality ~~REMAIN~~and SOconsistency of our end product. Malting, in general, consists of germinating grain in water, then applying heat to rapidly halt the germination process. Our technology allows us to adjust the timing and ventilation process to provide the optimal malting conditions for each variety of grain that we use. Our brewer’s malt is currently shipped to brewers located in Hebei, Guangdong and Shandong provinces in the PRC. Our central location of Shandong Province within China’s industrial corridor makes transportation particularly convenient. In general, our customers pay the freight charges from our warehouse loading dock.

Sabre Industrial's common stock has been subject to quotation on the over the counter bulletin board. There is not currently an active trading market in the Company's shares nor do we believe that any active trading market has existed for the last 2 years. No active trading market for our securities may develop following the effective date of this Registration Statement. The lack of an active trading market makes our stock illiquid to investors.

WEIn ~~HAVE~~2008, ~~NOT~~Linyi ~~SPECIFIED~~Malt ANwas ~~INDUSTRY~~awarded ~~FOR~~the ~~NEW~~Quality ~~PROSPECTIVE~~Management ~~BUSINESS~~System ~~OPPORTUNITIES~~Certification ~~AND~~by ~~ACCORDINGLY~~the ~~RISKS~~Beijing ~~ASSOCIATED~~United ~~WITH~~Intelligence ACertificate ~~SPECIFIC~~Co., ~~BUSINESS~~Ltd. ~~CANNOT~~The BEcertification ~~ASCERTAINED~~verified that the Company’s quality management system for the production of brewer’s malt met the standards of ISO9001:2000.

~~There~~The iscommencement noof ~~basis for shareholders to evaluate~~ the ~~possible~~brewing ~~merits~~operations ~~or risks~~ of ~~potential~~Qingyuan ~~new~~Beer ~~business opportunities or the particular industry~~ in ~~which~~2007 weprovided ~~may~~us ~~ultimately operate. To the extent that we effect~~ a ~~business~~captive ~~combination~~customer ~~with~~for aour ~~financially~~brewer’s unstable entity or an entity that is in its early stage of development or growth, including entities without established records of revenues or income, we will become subject to numerous risks inherent in the business and operations of that financially unstable companymalt. ~~In addition~~Currently, toonly ~~the extent that we effect~~ a ~~business~~small ~~combination~~percentage ~~with an entity in an industry characterized by a high degree~~ of ~~risk,~~our wemalt ~~will~~production ~~become~~is ~~subject~~delivered to ~~the~~Qingyuan ~~currently unascertainable risks of that industry~~Beer. AIf ~~high~~its ~~level of risk frequently characterizes certain industries that experience rapid~~ growth. ~~Although management will endeavor to evaluate the risks inherent in a particular new prospective business or industry~~continues, ~~there~~we ~~can~~believe beQingyuan noBeer ~~assurance that we~~ will ~~properly~~purchase ~~ascertain~~a orlarger ~~assess~~portion ~~all~~of ~~such~~our ~~risks~~annual ormalt ~~that~~production, ~~subsequent~~which ~~events~~should ~~may~~reduce ~~not~~our ~~alter~~costs ~~the~~of ~~risks~~producing ~~that~~beers weand ~~perceive~~increase at the ~~time~~overall ofprofitability ~~the consummation~~ of ~~any~~our ~~new business opportunity~~enterprise.

~~OUR~~Our ~~SOLE~~Beer ~~OFFICER AND DIRECTOR IS THE SOLE OFFICER AND DIRECTOR OF A SUBSTANTIALLY SIMILAR BLANK CHECK COMPANY AND ACCORDINGLY HAS A CONFLICT OF INTEREST IN DETERMINING BUSINESS OPPORTUNITIES~~Business

~~Our~~We ~~management~~currently isproduce ~~not~~eight ~~required~~distinctive, tofull-flavored, ~~nor~~moderately-priced ~~will~~beers heand ~~commit~~continually ~~his~~engage ~~full~~in ~~time~~the toresearch ~~our~~and ~~affairs.~~development Asof anew ~~result,~~specialty ~~pursuing~~beers. To ~~new~~assure ~~business~~quality, ~~opportunities~~we ~~may~~brew ~~require~~our abeers ~~greater~~using ~~period~~high-grade ofraw ~~time~~materials, ~~than~~including ifmalts hefrom ~~would~~our ~~devote~~Linyi ~~his~~Malt ~~full~~subsidiary ~~time~~that toare ~~our~~made ~~affairs.~~from ~~Management~~high-quality isdomestic ~~not~~barleys ~~precluded~~as ~~from~~well ~~serving~~ as anbarleys ~~officer~~imported orfrom ~~director~~Australia, ofCanada ~~any~~and ~~other~~France, ~~entity~~high-quality Dongbei rice that is ~~engaged~~locally ingrown, ~~business~~hops ~~activities~~from ~~similar~~Gansu toProvince ~~those~~and ofother ~~Sabre~~natural ~~Industrial~~ingredients. ~~Management~~We isdistribute ~~not~~our ~~currently~~beers anonly ~~officer~~in orglass ~~director~~bottles ofand ~~any~~aluminum ~~other entity similar to Sabre Industrial~~cans.

~~Management may have a conflict of interest in determining to which entity a particular business opportunity should be presented.~~ In ~~general,~~the ~~officers~~production and ~~directors~~marketing of aour ~~Delaware~~beers, ~~corporation~~we target ~~are~~the ~~required~~middle toclass ~~present~~consumer ~~certain~~in ~~business~~the ~~opportunities~~PRC ~~to a corporation for which they serve~~ as anwe ~~officer~~believe ~~of director. In~~ the ~~event~~middle ~~that~~market ~~our~~for ~~management has multiple business affiliations~~well-crafted, hebut ~~may~~moderately-priced ~~have~~beers ~~similar~~has ~~legal~~been ~~obligations~~under-exploited toin ~~present certain business opportunities to multiple entities~~China. InWith the ~~event~~rapid ~~that~~growth ~~a conflict~~ of ~~interest~~the ~~shall~~middle ~~arise,~~class ~~management~~in ~~will consider factors such as reporting status~~China, ~~availability~~we ofbelieve ~~audited financial statements, current capitalization and~~ the ~~laws~~demand offor ~~jurisdictions. In~~well-crafted ~~particular,~~beer ~~management will likely present a business opportunity to an entity he controls that~~ is ~~current~~likewise inexpanding ~~its reporting obligations~~ and ~~has~~will ~~records~~continue ~~sufficient~~ to ~~perform an audit~~grow. ~~Moreover~~ Nevertheless, ~~management~~90% ~~will~~of ~~likely~~the ~~present~~beer anproduced ~~opportunity to an entity he controls that is domiciled~~ in ~~Delaware~~China ortoday ~~another~~remains ~~state that management believes has well known corporate laws in~~ the ~~business community~~low-quality, ~~prior~~low-priced tobeer andeveloped ~~entity~~to ~~domiciled~~meet ~~in a less well known state. Further, management will consider~~ the ~~current~~demands ~~capitalization~~ of ~~an entity he controls in offering~~ a ~~business~~less-developed ~~opportunity to such entity~~economy. InSignificant ~~particular,~~improvements ~~management will consider whether he believes that the entity would be more attractive to an operating business following a change~~ in ~~capitalization~~beer ~~such~~technology ~~as a reverse split or decrease or increase~~ in ~~authorized~~the ~~capital~~past ~~stock. If~~20 ~~several~~years ~~business~~have ~~opportunities~~enabled orlow-cost ~~operating~~production ~~entities~~of ~~approach~~generic ~~management with respect to a business combination~~beer, ~~management~~which ~~will~~has ~~consider~~prompted ~~the~~most ~~foregoing~~established ~~factors~~brewers asto ~~well~~compete ason the ~~preferences~~basis of ~~the~~price. ~~management~~This ofphenomenon ~~the~~has ~~operating~~resulted ~~company.~~in Inreducing ~~the~~margins ~~event~~across ~~that~~the ~~all factors appear equal~~industry, ~~management~~preventing ~~will~~most ~~likely~~brewers ~~present~~from ancapturing ~~operating company with~~ a ~~choice~~significant ofportion blank check companies and defer to such operating company’s preference. Management believes that operating companies will consider such factors as outstanding shares, outstanding shares held by non-affiliates, number of ~~shareholders, reporting history, if any, outstanding liabilities or potential liabilities, tax losses, outstanding commission comments, regulatory history,~~ the ~~name~~market ofoutside antheir ~~entity~~own ~~and~~province. ~~the~~All ~~state~~but ofa ~~domicile~~few of ~~an entity. This list is not exclusive and~~ the ~~management~~beer ofmanufacturers anin ~~operating~~China ~~company~~only ~~may~~sell ~~have~~their aproducts ~~preference for an entity for reasons that we cannot determine in advance. However~~locally, ~~management~~where ~~will~~they ~~act~~hold inmarket ~~what~~position heon ~~believes will be in~~ the ~~best~~basis ~~interests~~ of ~~the shareholders of Sabre Industrial and other respective public companies~~familiarity. ~~Sabre~~We ~~Industrial~~believe ~~shall~~it ~~not enter into a transaction with a target business that~~ is ~~affiliated~~neither ~~with~~easy ~~management. Moreover,~~nor inprofitable ~~the event a business opportunity is presented~~ to ~~another~~attempt ~~entity controlled by management, management will continue~~ to ~~actively~~gain ~~seek~~a ~~business~~nationwide ~~opportunities~~foothold ~~for~~in ~~Sabre~~the ~~Industrial~~low-end market.

The majority of the new beers entering the market in the PRC, therefore, are directed to the mid- and upper-priced level, where it remains possible to garner a significant profit. However, because China’s economic growth has focused on its larger cities, and because prestige is a dominant factor in the development of brand consciousness in the larger cities, the majority of new brands entering the market have been high-priced, finely-crafted beers. While these are attractive to urbanites seeking to develop a cosmopolitan image, we believe most Chinese residents cannot afford to drink these beers on a daily basis.

The specifications and characteristics of the eight beers we produced as of December 31, 2010 are set forth below.

Trademark	Description	Type

Qinglin Original Draft (青临原生态)	Brewed with malt made from domestic and imported Australian barley and fermented in low temperature. This beer has a fresh taste.	Lager

Qinyi Draft (青邑纯生)	Brewed with malt made from domestic and imported Australian barley. This beer has a clear malt flavor and is light and refreshing.	Lager

Qingyuan Aomaiwang (青源澳麦王)	Brewed with malt made from imported Australian barley. This beer has a thick malt flavor.	Lager

Qingyuan Light Beer (青源低糖八度)	Brewed with malt made from domestic and imported Australian barley. This beer is fine and light in color, has a smooth foam and a clear hops flavor.	Lager

InTrademark ~~addition,~~Description ~~conflicts~~Type ofQingyuan ~~interest~~Golden ~~create~~Wheat ~~the~~Dry ~~risk~~(青源金麦干) ~~that~~Brewed ~~management~~with ~~may~~malt ~~have~~made anfrom ~~incentive~~domestic toand ~~act~~imported ~~adversely~~Australian tobarley. ~~the~~This ~~interests~~beer ofhas ~~other~~a ~~non~~thick flavor. Lager Qingyuan Qingyuanxue (青源青源雪) Brewed with high-~~management~~quality ~~stockholders~~malt made from Australian and domestic burnt barley and high-quality hops. A ~~conflict~~This ofbeer ~~interest~~has ~~may~~a ~~arise~~special ~~between~~taste ~~management’s~~and ~~personal~~a ~~pecuniary~~long ~~interest~~shelf life. Lager Qingyuan Vistar (青源维斯达) Brewed with malt made from Australian barley and ~~its~~fermented ~~fiduciary~~in ~~duty~~medium toand ~~stockholders~~high temperature for a short period of time. This beer has a clear hops flavor. Lager Qingyuan Beer (Canned) (青源啤酒[罐装]) Brewed with malt made from Australian barley. This is a canned beer with a thick malt flavor. Lager

~~THERE~~Brewing ~~ARE MANY BLANK CHECK COMPANIES FOR WHICH SABRE INDUSTRIAL WILL COMPETE TO ATTRACT BUSINESS OPPORTUNITIES~~Operations

~~Sabre~~Beer ~~Industrial~~is ~~expects~~made toprimarily ~~encounter~~from ~~intense~~four ~~competition~~natural ~~from~~ingredients: ~~other~~malted ~~entities~~grain, ~~seeking~~hops, torice ~~pursue~~and ~~new~~water. ~~business~~Malt ~~opportunities.~~suppliers, ~~Many~~such ofas ~~these~~Linyi ~~entities~~Malt, ~~are~~prepare ~~well-established~~malt ~~and~~from ~~have~~barley ~~extensive~~grain ~~experience~~by soaking it in ~~identifying~~water ~~new~~to ~~prospective~~initiate ~~business~~germination ~~opportunities.~~and ~~Many~~then drying (kilning) the germinated grain with varying amounts of ~~these~~heat ~~competitors~~to ~~possess~~vary ~~greater~~the ~~financial,~~final ~~technical,~~characteristics ~~human~~of ~~and~~the ~~other~~malt ~~resources~~(for ~~than~~example, wemore ~~do.~~heat ~~Based~~yields ~~upon~~“roasted” ~~our~~malt). Hops ~~limited~~grow ~~financial~~in many varieties and ~~personnel~~impart ~~resources,~~bitterness weor ~~may~~other ~~lack~~distinctive flavors to the ~~resources~~beer. Yeasts asare ~~compared~~either totop-fermenting, ~~those~~used ofin ~~many~~ale ofproduction, ~~our~~or ~~potential~~bottom ~~competitors~~fermenting, which produce lager style beers.

~~POTENTIAL~~Brewing ~~RISKS~~Process. OFThe ANprocess ~~ACQUISITION~~of ORbrewing ~~MERGER~~beer ~~WITH~~consists Aof ~~FOREIGN~~extracting ~~COMPANY~~fermentable sugar from the malt, brewing the liquid containing these sugars (wort) in combination with hops and other natural flavorings, fermenting the brewed liquid and then finishing (maturing) the beer in tanks for periods ranging from 10 to 40 days depending upon the beer style.

IfExtracting wethe ~~enter~~fermentable ~~into~~sugars abegins ~~business combination, acquisition or merger~~ with amilling ~~foreign concern, we will be subject to risks inherent in business operations outside of~~ the ~~United~~dried ~~States~~malt. ~~These~~ ~~risks~~Milling ~~include,~~consists ~~for~~of ~~example,~~crushing ~~currency~~(not ~~fluctuations,~~grinding) ~~regulatory~~the ~~problems,~~malt ~~punitive~~between ~~tariffs,~~pairs ~~unstable~~of ~~local~~rollers ~~tax~~in ~~policies,~~the ~~trade~~malt ~~embargoes,~~mill. ~~risks~~This ~~related~~causes toa ~~shipment~~separation of ~~raw~~the ~~materials~~husk ~~and~~from ~~finished~~the ~~goods~~body ~~across~~and ~~national~~also ~~borders~~breaks ~~and~~the ~~cultural~~body and ~~language~~exposes ~~differences. Foreign economies may differ favorably or unfavorably from~~ the ~~United~~internal ~~States~~components ~~economy in growth~~ of ~~gross~~the ~~national~~barley ~~product,~~malt ~~rate~~for ofthe ~~inflation,~~mashing ~~market development, rate of savings, capital investment, resource self sufficiency and balance of payments positions and in other respects~~process.

~~SABRE~~The ~~INDUSTRIAL~~crushed ~~MAY~~malt ~~REQUIRE~~is ~~ADDITIONAL~~then ~~FINANCING~~combined TOwith ~~MAINTAIN~~brewing ~~ITS~~water ~~REPORTING~~at ~~REQUIREMENTS~~a ~~AND~~specific ~~ADMINISTRATIVE~~temperature ~~EXPENSES~~in the mash tub to create the mash. Our system uses three precisely controlled temperature and time plateaus to create the resultant sugar liquid called “wort.” The completed mash is then filtered by gravity in the filter tank. The filtration media is the crushed malt husk and undissolved grain kernels. The wort is collected and transferred to the wort kettle.

~~Sabre~~The ~~Industrial~~wort ~~has no revenues and~~ is ~~dependent~~boiled ~~upon~~in the ~~willingness~~wort ofkettle ~~management~~for ~~and~~90 ~~management controlled entities~~ to ~~fund~~120 ~~the~~minutes. During ~~costs~~this ~~associated~~boiling ~~with~~process, the ~~reporting~~precise ~~obligations~~amount ~~under~~of the ~~Exchange~~hop ~~Act,~~varietals ~~and~~are ~~other~~added ~~administrative~~at ~~costs~~specified ~~associated~~time ~~with~~intervals ~~our~~to ~~corporate~~create ~~existence.~~the Asdesired ofbitterness ~~March 31, 2009~~ and ~~March 31, 2010, Sabre Industrial had incurred $38,719 and $36,651 for general and administrative expenses, respectively~~aroma. ~~General~~The ~~and~~boiled ~~administrative~~wort ~~expenses include accounting fees, reinstatement fees, and other professional fees. In addition, as of March 31, 2009 Sabre Industrial had current liabilities of $29,830, $13,258 of which~~ is ~~due~~then totransferred ~~related parties and March 31, 2010 Sabre Industrial had current liabilities of $30,005, $13,258 of which is due~~ to ~~related parties. We may not generate any revenues unless and until~~ the ~~commencement~~hot ofwort ~~new~~tank ~~business~~(whirlpool) ~~operations.~~where ~~We believe that management will continue to provide sufficient funds to pay accounting and professional fees and other expenses to fulfill our reporting obligations under~~ the ~~Exchange~~proteins ~~Act~~from ~~until we commence business operations. Through~~ the ~~date~~malt ~~of this Form 10-K management related parties have made a capital investment of $33,700~~ and ~~additional loans in~~ the ~~amount~~tannins ~~of $13,258 for ongoing expenses. In the event that our available funds~~ from our management and affiliates prove to be insufficient, we will be required to seek additional financing. Our failure to secure additional financing could have a material adverse affect on our ability to pay the ~~accounting~~hops are ~~and~~allowed ~~other fees in order~~ to ~~continue~~settle toout ~~fulfill our reporting obligations~~ and ~~pursue~~are ~~our business plan~~removed. The Wewort dois ~~not~~then ~~have~~rapidly ~~any~~cooled ~~arrangements with any bank or financial institution~~ to ~~secure~~the ~~additional~~desired ~~financing~~temperature and ~~such~~infused ~~financing may not be available on terms acceptable and in our best interests. We do not have any written agreement~~ with ~~our affiliates to provide funds for our operating expenses~~air.

The aerated wort is then transferred to fermentation tanks to which a precisely monitored amount of yeast of a specific type at a specific temperature is added. Air in the wort allows the yeast to remain flexible and enables it to begin a rapid and complete fermentation. After several hours, the air is depleted and the fermentation continues in an anaerobic (without air) process. We use two types of yeast, a lager yeast (bottom fermenting) and an ale yeast (top fermenting). Fermentation takes seven days, and during this time the yeast will multiply dramatically. At the end of the fermentation, the yeast will be recovered for a new fermentation and the tender beer is transferred to a storage (lager/ruh) tank.

~~STATE~~The ~~BLUE~~storing ~~SKY~~of ~~REGISTRATION;~~beer ~~POTENTIAL~~at ~~LIMITATIONS~~cold ONtemperatures ~~RESALE~~is OFcalled ~~THE~~“lagering” ~~SECURITIES~~and/or “ruh.” The amount of time that the beer is allowed to lager varies with the type of beer, with ales having a shorter lager period than lagers. This storage period allows for the reduction of the wort created during the fermentation process. It also allows for the clarification and maturing of the fine beer flavor. After lagering, the beer is filtered to remove any unwanted yeast and other insoluble materials. The beer’s carbonation results from a combination of natural absorption of carbon dioxide byproduct from the fermentation process and carbonation after filtering.

~~The~~Our brewery ~~holders~~has one series of vats and tanks that are used to produce our ~~shares~~brewed ofproducts. Our ~~common~~wort ~~stock~~kettle is a copper kettle manufactured in Germany. Also located in the brewing area is a quality control laboratory and ~~those~~various ~~persons,~~refrigerated ~~who~~rooms ~~desire~~for storing special brewing ingredients. Our beers are transported from these tanks directly to ~~purchase~~the ~~our~~bottling ~~stock~~house inthrough ~~any~~connecting ~~trading~~lines. The ~~market~~brewery’s ~~that~~estimated ~~might~~annual ~~develop~~capacity based upon the current product mix is approximately 200,000 ~~should~~metric betons ~~aware~~of ~~that~~beer ~~there~~per ~~may~~year, bebased ~~state~~upon ~~blue~~20 hours each working day and a 7-~~sky~~day ~~law~~work ~~restrictions~~week. However, ~~upon~~capacity is a function of the ~~ability~~product being produced because of ~~investors~~the varying storage times for the different types of products. Different beers require between 10 and 40 days in tanks to ~~resell~~allow for fermentation and finishing, and we have assumed an average of 30 days for purposes of calculating our ~~securities~~estimated annual production capacity. In ~~Accordingly~~fiscal 2010 and 2009, ~~investors~~we ~~should~~shipped ~~consider~~74,735 metric tons and 13,122 metric tons of beer, of which 25% and 28% were bottled under the ~~secondary~~Qinglin ~~market~~label, ~~for~~21% ~~Sabre~~and ~~Industrial's~~29% ~~securities~~were tobottled beunder athe ~~limited~~Qingyi ~~one~~label and 54% and 43% were bottled under the Qingyuan label, respectively.

ItBottling isand ~~the~~Canning. We package ~~present~~our ~~intention~~products ofin ~~Sabre~~bottles ~~Industrial's~~and ~~management,~~in ~~after~~aluminum ~~the~~cans. ~~commencement~~Our ofbottling ~~new~~facility ~~business~~has ~~operations,~~two toautomated ~~seek~~bottling ~~coverage~~lines and ~~publication~~one ofautomated ~~information~~canning ~~regarding our Company in an accepted publication manual which permits a manual exemption~~line. The ~~manual~~bottling ~~exemption~~lines ~~permits~~contain abottle ~~security~~filling toand besealing ~~distributed~~machines, inpasteurizing alines, ~~particular~~bottle ~~state~~labeling ~~without~~equipment, ~~being~~bottle ~~registered~~casing ifand ~~the~~packing ~~Company~~equipment. Each ~~issuing~~bottling ~~the~~line ~~security~~handles ~~has~~recycled a600 ~~listing~~ml., ~~for~~500 ~~that~~ml. ~~security~~and in330 aml. ~~securities manual recognized by the state~~bottling. Each ~~However,~~line italso iscontains ~~not~~capacity ~~enough~~ for ~~the~~bottle ~~security~~soaking toand ~~be listed in a recognized manual~~washing. The ~~listing~~canning ~~entry~~line, ~~must~~which ~~contain~~became ~~(1)~~operational ~~the~~in ~~names~~September ~~of issuer's officers~~2010, ~~and~~contains ~~directors,~~can ~~(2)~~filling anand ~~issuer's~~sealing ~~balance sheet~~machines, ~~and (3)~~ a ~~profit~~pasteurizing line and ~~loss~~can ~~statement~~casing ~~for~~equipment. This ~~either~~line ~~the~~is ~~fiscal~~currently ~~year~~configured ~~preceding~~for ~~the~~only ~~balance~~320 ~~sheet~~ml. orcans, ~~for~~but ~~the~~can ~~most~~also ~~recent~~be ~~fiscal~~modified ~~year~~to ofhandle ~~operations~~500 ml. ~~Furthermore,~~cans. Areas ~~the~~are ~~manual~~set ~~exemption~~aside isfor apackaging ~~non-issuer~~supplies ~~exemption~~and ~~restricted~~short-term toholding ~~secondary~~of ~~trading~~finished ~~transactions,~~cases ~~making~~pending itshipment ~~unavailable~~to ~~for~~the ~~issuers selling newly issued securities~~distributors.

~~Most~~Quality ofAssurance. ~~the~~Qingyuan ~~accepted~~Beer ~~manuals~~employs ~~are~~a ~~those~~Head ~~published~~Brewmaster inand ~~Standard~~an assistant brewmaster to ensure the high quality and ~~Poor's,~~consistency ~~Moody's~~of ~~Investor~~its ~~Service,~~products. ~~Fitch's~~To ~~Investment~~monitor ~~Service,~~the ~~and~~quality ~~Best's~~of ~~Insurance~~our ~~Reports~~products, we maintain our own quality assurance lab and ~~many~~employ ~~states~~16 ~~expressly~~full-time ~~recognize~~quality ~~these~~control ~~manuals~~technicians. AWe ~~smaller~~brew ~~number~~our ofbeers ~~states~~according ~~declare~~to ~~that~~traditional ~~they~~styles ~~"recognize~~and ~~securities~~methods, ~~manuals"~~and ~~but~~have doimplemented ~~not~~a ~~specify~~quality ~~the~~control ~~recognized~~process ~~manuals.~~to ~~The~~precisely ~~following~~maintain ~~states~~and doassure ~~not~~the ~~have~~highest ~~any~~quality ~~provisions~~ and ~~therefore~~consistency dowithin ~~not~~each ~~expressly~~brewing ~~recognize~~step. In ~~the~~order ~~manual~~to ~~exemption:~~maintain ~~Alabama,~~product ~~Georgia,~~quality ~~Illinois,~~for ~~Kentucky,~~the ~~Louisiana~~consumer, ~~Montana,~~we ~~South~~pasteurize ~~Dakota~~our bottled products. To monitor freshness, ~~Tennessee~~we date each bottle, ~~Vermont~~can and ~~Wisconsin~~case with the date and time of bottling.

~~RULE~~Ingredients ~~144~~and ~~RELATED~~Raw ~~RISK~~Materials. We have several sources for the purchase of ingredients or other raw materials. Linyi Malt imports barley for its malts from Australia, Canada and France, depending on customer demand and market conditions. We also malt a variety of domestic barleys, including Gansu barley from northwestern China and high-quality barleys from Inner Mongolia. Husked rice is grown on irrigated farmland under contractual agreements with a variety of farmers in the Shandong Province region. Given the extensive agricultural activity in the region, we believe there is an abundant and reliable supply of rice to meet ongoing production needs. Hops and yeast are purchased from a number of suppliers whose prices are all relatively competitive.

~~The~~Our ~~SEC~~brewery uses ~~adopted~~naturally-filtered ~~amendments~~water tofrom ~~Rule 144~~deep ~~which~~underground ~~became~~wells ~~effective~~adjacent onto ~~February 15,~~our ~~2008~~brewery ~~that~~facilities. The ~~apply~~pristine towater ~~securities~~quality ~~acquired both before~~ and ~~after~~composition ~~that~~were ~~date.~~primary ~~Under~~factors ~~these~~in ~~amendments,~~choosing athis ~~person~~particular ~~who~~water ~~has~~source. Specifically, ~~beneficially owned restricted shares of~~ our ~~common~~water ~~stock~~source ~~for~~contains ata ~~least~~relatively ~~six~~low ~~months~~mineral ~~would~~content bemaking ~~entitled~~it tovery ~~sell~~suitable ~~their~~for ~~securities~~brewing ~~provided~~our ~~that~~particular ~~(i) such~~beers. We ~~person~~intensively ismonitor ~~not deemed to have been one of our affiliates at~~ the ~~time~~quality of, ~~or at any time during~~ the ~~three~~water ~~months~~used ~~preceding~~in aour ~~sale,~~brewing ~~(ii) we~~process ~~are subject to the Exchange Act periodic reporting requirements~~ for atcompliance ~~least~~with ~~90 days~~our ~~before~~own ~~the~~stringent ~~sale~~quality ~~and (iii) if the sale occurs prior to satisfaction of a one-year holding period, we provide current information at the time of sale~~standards.

~~Persons~~Our ~~who~~brewery ~~have~~operations ~~beneficially~~also ~~owned~~utilize ~~restricted~~glass ~~shares~~bottles, ofcaps, ~~our~~labels, ~~common~~aluminum ~~stock~~cans ~~for~~and atcorrugated ~~least~~and ~~six~~other ~~months~~paper ~~but~~products, ~~who~~all of which are ~~our~~anticipated ~~affiliates~~to atbe ~~the~~available ~~time~~from several sources. We currently use three types of containers for our beer: 600 ml. bottles, or500 atml. ~~any~~bottles ~~time~~and ~~during~~320 ml. aluminum cans. In the ~~three~~second ~~months~~quarter ~~preceding~~of a2011 ~~sale,~~we ~~would~~intend to add another bottling line that can be ~~subject~~adjusted to ~~additional~~produce ~~restrictions~~330 ml, 500 ml or 600 ml bottles. To date, all of the new beer bottles we have acquired have been supplied by regional glass manufacturers located in Hebei Province. However, we currently have a recycling program in place in which ~~such~~substantially ~~person~~all ~~would~~of beour ~~entitled~~beer tocurrently ~~sell~~is ~~within~~bottled ~~any~~in ~~three-month~~recycled ~~period~~bottles ~~only~~that we obtain primarily from our distributors. We believe there are a ~~number~~variety of ~~securities~~other ~~that~~bottle ~~does~~recyclers ~~not~~located ~~exceed~~in ~~the~~Shandong ~~greater~~Province and neighboring provinces that represent an easily-available source of ~~either~~supply of bottles in addition to the ~~following:~~suppliers we are currently using.

	●	1% of the total number of securities of the same class then outstanding; or
	●	the average weekly trading volume of such securities during the four calendar weeks preceding the filing of a notice on Form 144 with respect to the sale;

provided, in each case, that we are subject to the Exchange Act periodic reporting requirements for at least three months before the sale. Such sales by affiliates must also comply with the manner of sale, current public information and notice provisions of Rule 144.

~~Restrictions~~ As onwith most agricultural products, the ~~Reliance~~supply and price of ~~Rule 144~~raw materials used to produce our beers can be affected by ~~Shell~~a ~~Companies~~number of factors beyond our control, such as frosts, droughts, other weather conditions, economic factors affecting growing decisions, various plant diseases and pests. If any of the foregoing were to occur, no assurance can be given that such condition would not have a material adverse effect on our business, financial condition and results of operations. In addition, our results of operations are dependent upon its ability to accurately forecast our demand for raw materials. Our failure to accurately forecast our demand for raw materials could result in us either being unable to meet higher than anticipated demand for our products or ~~Former~~producing ~~Shell~~excess ~~Companies~~inventory, either of which may materially adversely affect our business, results of operations and financial condition.

Historically, the SEC staff has taken the position that Rule 144 is not available for the resale of securities initially issued by companies that are, or previously were, blank check companies, like us. The SEC has codified and expanded this position in the amendments discussed above by prohibiting the use of Rule 144 for resale of securities issued by any shell companies (other than business combination related shell companies) or any issuer that has been at any time previously a shell company. The SEC has provided an important exception to this prohibition, however, if the following conditions are met:Transportation

●Our ~~The~~malt ~~issuer~~production ofand ~~the~~brewery ~~securities~~facilities ~~that~~are ~~was~~located ~~formerly~~in aLinyi ~~shell~~County ~~company~~in ~~has~~Shandong ~~ceased~~Province toin beeastern aChina. This ~~shell~~location ~~company;~~places ●them ~~The~~centrally ~~issuer~~in of the ~~securities~~industrial iscorridor ~~subject to the reporting requirements~~ of ~~Section~~China 14that orruns ~~15(d)~~from ofHarbin ~~the~~through ~~Exchange~~Beijing ~~Act; ● The issuer of the securities has filed all Exchange Act reports~~ and ~~material~~Guangzhou ~~required~~ to ~~be filed~~Shanghai, aswhile ~~applicable,~~also ~~during~~providing ~~the~~ready ~~preceding~~access 12to ~~months~~train ~~(or~~lines ~~such~~and ~~shorter~~roadways ~~period~~connecting ~~that~~western ~~the~~China. During ~~issuer was required to file such reports and materials)~~2010, ~~other~~substantially ~~than~~all ~~Current~~of ~~Reports~~our onproducts ~~Form~~sold ~~8-K;~~were loaded and ●shipped Atby ~~least~~truck ~~one~~directly ~~year~~to ~~has elapsed from~~ the ~~time~~customer ~~that~~or ~~the~~distributor ~~issuer~~in ~~filed~~trucks ~~current~~owned ~~comprehensive~~or ~~disclosure~~supplied ~~with~~by the ~~SEC~~customer ~~reflecting~~or ~~its status as an entity that is not a shell company~~distributor.

~~As a result~~Sales, itMarketing isand likely that pursuant to Rule 144, stockholders who receive our restricted securities in a business combination will not be able to sell our shares without registration until one year after we have completed our initial business combination.Distribution

~~RULE~~We ~~145~~market ~~RELATED~~our ~~RISKS~~malt products through a sales team in Hebei, Guangdong and Shandong Provinces in the PRC. The sales team is responsible for securing orders for our malt products, maintaining and building relationships with existing customers and securing new customers. Our sales team is also involved with identifying new markets for our malt products in line with our existing customer base and our geographical expansion plans.

InDuring the ~~business~~year ~~combination~~ended ~~context~~December 31, ~~Rule 145~~2010, ~~has~~other ~~imposed~~than onQingyan ~~affiliates~~Beer, ofover ~~either~~which ~~the~~we ~~acquirer~~have orexclusive ~~the~~control, ~~target~~three ~~company~~customers ~~restrictions~~of onLinyi ~~public~~Malt ~~resales~~accounted offor ~~securities~~10.45%, ~~received~~10.35% inand a10.13%, ~~business~~respectively, ~~combination~~of our malt revenues, ~~even~~and ~~where~~6.76%, ~~the~~6.70% ~~securities~~and to6.55% beof ~~issued~~our intotal net revenues. During the ~~business~~year ~~combination~~ended ~~were~~December 31, ~~registered~~2009, ~~under~~other ~~the~~than ~~Securities~~Qingyuan ~~Act.~~Beer, ~~These~~three ~~restrictions~~customers ~~were~~of ~~designed~~Linyi toMalt ~~prevent~~accounted ~~the~~for ~~rapid~~11.59%, ~~distribution~~10.98% and 10.95%, respectively, of ~~securities~~our ~~into~~malt ~~the~~revenues, ~~public~~and ~~markets~~8.73%, ~~after~~8.28% aand ~~registered~~8.26% ~~business~~of ~~combination~~our bytotal ~~those~~net ~~who~~revenues. The ~~were~~loss inof aany ~~position~~of tothese ~~influence~~customers, ~~the~~if ~~business~~not ~~combination~~immediately ~~transaction.~~replaced, ~~The~~could ~~recent~~have ~~adopted~~a ~~amendments~~material toadverse ~~Rule 145~~affect ~~eliminate~~on ~~these~~our ~~restrictions~~business, infinancial ~~most~~condition ~~circumstances~~and results of operations.

~~Under~~We distribute ~~the~~our ~~new~~beer ~~amendments,~~products ~~affiliates~~through of a ~~target~~network ~~company~~of ~~who~~independent ~~receive~~distributors ~~registered~~whose ~~shares~~principal inbusiness ais ~~Rule~~the ~~145~~distribution ~~business~~of ~~combination~~beer ~~transaction,~~and other alcoholic and ~~who~~non-alcoholic dobeverages. These ~~not~~independent ~~become~~distributors ~~affiliates~~resell ofour ~~the~~products ~~acquirer~~to wholesalers, ~~will~~who beare ~~able~~responsible tofor ~~immediately~~securing ~~resell~~and stocking the ~~securities~~retailers ~~received~~that bysell ~~them~~our ~~into~~beers to the ~~public~~consumer. We ~~markets~~believe ~~without~~this ~~registration~~multi-level ~~(except~~network is particularly effective in achieving the widespread distribution necessary for ~~affiliates~~us ofto achieve a ~~shell~~market ~~company~~position asin ~~discussed~~small cities and villages. Currently our beer products are being distributed through approximately 70 independent distributors in ~~the~~seven ~~following~~northern ~~section~~and eastern provinces (Shandong, Hebei, Tianjin, Henan, Anhui, Jiangsu and Shanxi). We ~~However,~~select ~~those~~distributors ~~persons~~in ~~who~~each ~~are~~market ~~affiliates~~that ofwe believe will devote attention and resources to the ~~acquirer,~~promotion and ~~those~~sales ~~who~~of ~~become~~our ~~affiliates~~products. Most of ~~the~~our ~~acquirer~~distributors ~~after~~also ~~the~~represent ~~acquisition,~~a ~~will~~number ~~still~~of benational ~~subject~~beer tobrands ~~the~~and ~~Rule 144~~have ~~resale~~established ~~conditions~~significant ~~generally~~retail ~~applicable~~penetration toin ~~affiliates,~~their ~~including~~territory ~~the~~to ~~adequate~~make ~~current~~that ~~public~~brand ~~information~~widely available. We believe ~~requirement,~~that ~~volume~~both ~~limitations,~~the ~~manner-~~brewing of~~-sale~~ ~~requirements~~our ~~for~~beer ~~equity~~products in ~~securities,~~our company-owned facilities and, ifour ~~applicable,~~corresponding aregional ~~Form 144~~identity ~~filing~~are viewed positively by independent distributors in deciding whether to carry our branded products.

Our beer products are sold to independent distributors by a team of full-time salespeople. We are primarily focused on building relationships through personal contact with our existing and new distributors to broaden the market presence of our beer products. Since our beers are only a portion of our distributors’ expanding portfolio of product offerings and compete with other beers, it is becoming more important for us to elevate our brand awareness with each distributor. This is accomplished by on-site training of distributors’ staff and, in some cases, offering educational tours of our brewery. Several of our largest distributors and their sales forces have visited our brewery to enhance their knowledge of our products. Our sales representatives also arrange taste testings of our beers for our distributors and supply informational literature for circulation among distributors’ retail customers. To further promote our product sales, we periodically offers beer samples or price discounts to distributors in certain markets. We anticipate that we may continue to offer such promotions in response to competitive conditions.

~~Application~~In the years ended December 31, 2010 and 2009, no distributor accounted for more than 10% of ~~Rule 145~~our toaggregate ~~Shell~~beer ~~Companies~~sales.

~~Public~~We ~~resales~~believe ofthat ~~securities~~in ~~acquired~~order byto ~~affiliates~~stimulate ofconsumer ~~acquirers~~demand ~~and~~we ~~target~~must ~~companies~~educate innot ~~business~~only ~~combination~~our ~~transactions~~distributors ~~involving~~but ~~shell~~also ~~companies~~the ~~will~~wholesalers, ~~continue~~retailers toand beconsumers ~~subject~~about tothe ~~restrictions~~freshness ~~imposed~~and byquality ~~Rule 145~~of our products. IfWe ~~the~~have advertised ~~business~~our ~~combination~~products ~~transaction~~in islocal ~~not~~newspapers ~~registered~~and ~~under~~other local media within the ~~Securities~~markets ~~Act,~~in ~~then~~which ~~the~~our ~~affiliates~~products ~~must~~are ~~look~~sold. toOur ~~Rule 144~~advertising toand ~~resell~~promotional ~~their~~materials ~~securities~~are ~~(with~~designed to stress the ~~additional~~unique ~~Rule~~qualities ~~144~~of ~~conditions~~our ~~applicable~~products, tosuch ~~shell~~as ~~company~~product ~~securities).~~freshness Ifand the ~~business~~styles ~~combination~~of ~~transaction~~beers isoffered. Our ~~registered~~Qingyuan ~~under~~Beer ~~the~~sales ~~Securities~~force ~~Act,~~also ~~then~~travels ~~affiliates~~with ofdistributor ~~the~~sales ~~acquirer~~personnel ~~and~~to ~~target~~wholesale ~~company~~and ~~may~~retail ~~resell~~accounts ~~the~~to ~~securities~~familiarize ~~acquired~~new inaccounts ~~the~~with ~~transaction,~~our ~~subject~~products and to ~~the~~increase ~~following~~sales ~~conditions:~~at existing accounts.

●Our ~~The~~strategy ~~issuer~~is ~~must meet all of the conditions applicable~~ to ~~shell~~increase ~~companies~~our ~~under~~penetration ~~Rule~~into ~~144;~~existing ●markets ~~After~~with 90a ~~days from the date of the acquisition~~targeted, ~~the affiliates may resell their securities subject to Rule 144’s volume limitations, adequate current public information requirement, and manner~~cost-~~of-sale~~effective ~~requirements;~~approach ●in ~~After~~our ~~six~~sales months from the date of the acquisition, selling security-holders who are not affiliates of the acquirer may resell their securities subject only to the adequate current public information requirement of Rule 144; and ●marketing ~~After~~efforts. ~~one~~This ~~year~~strategy ~~from~~will ~~the~~be ~~date~~implemented ofby ~~the~~further ~~acquisition,~~developing ~~selling~~our ~~security-holders~~existing ~~who~~distributor ~~are~~relationships ~~not affiliates~~ and/or ~~the~~establishing ~~acquirer~~new ~~may~~distributors ~~resell~~in ~~their~~target ~~securities without restriction~~markets.

~~THE~~The ~~COMPANY~~beer ~~MAY~~industry BEin ~~SUBJECT~~China TOis ~~CERTAIN~~seasonal, ~~TAX~~and ~~CONSEQUENCES~~our INsales ~~OUR~~are ~~BUSINESS,~~usually ~~WHICH~~the ~~MAY~~lowest ~~INCREASE~~in ~~OUR~~the ~~COST~~months OFof ~~DOING~~October ~~BUSINESS~~and November.

We may not be able to structure our acquisition to result in tax-free treatment for the companies or their stockholders, which could deter third parties from entering into certain business combinations with us or result in being taxed on consideration received in a transaction. Currently, a transaction may be structured so as to result in tax-free treatment to both companies, as prescribed by various federal and state tax provisions. We intend to structure any business combination so as to minimize the federal and state tax consequences to both us and the target entity. We cannot guarantee however that the business combination will meet the statutory requirements of a tax-free reorganization or that the parties will obtain the intended tax-free treatment upon a transfer of stock or assets. A non-qualifying reorganization could result in the imposition of both federal and state taxes that may have an adverse effect on both parties to the transaction.Competition

WECompetition ~~WILL~~in ~~NOT~~the ~~DECLARE~~Malt ~~DIVIDENDS~~Business. We believe there are approximately 120 to 160 malt manufacturers throughout China with an aggregate production capacity of four million metric tons of malt per annum. The three largest of such manufacturers, Supertime Development Co., Ltd., Dalian Zhong-liang Malt Co., Ltd. and Heilongjjiang Beidahuang Malt Co., Ltd. currently dominate the PRC malt market accounting for an aggregate of approximately 52.5% of the market share.

We do not ~~expect~~compete towith ~~pay~~the ~~dividends~~major ~~for~~maltsters ~~the~~on ~~foreseeable~~a ~~future~~national ~~because~~level. Instead, we ~~have~~compete noon ~~revenues.~~a ~~The~~regional ~~payment~~level, oftaking ~~dividends~~advantage ~~will~~of beour ~~contingent~~closer ~~upon~~proximity to our ~~future~~clients ~~revenues~~located mostly within our province and ~~earnings,~~our ifneighboring ~~any,~~provinces. This ~~capital~~affords ~~requirements~~our ~~and~~clients ~~overall~~the ~~financial~~ability ~~condition.~~to ~~The~~purchase ~~payment~~malts offrom ~~any~~us ~~future~~on ~~dividends~~a ~~will~~more befrequent ~~within~~basis than purchasing malts from the ~~discretion~~national ofmaltsters that are not located in our ~~board~~province. Within our sales coverage of ~~directors.~~the Itregional ismarket, our ~~expectation~~strong ~~that~~and ~~after~~prevailing market position is stable due to the ~~commencement~~lack of ~~new~~high-quality local maltsters, our well established business ~~operations~~relationships ~~that~~with ~~future~~local ~~management~~brewers ~~will~~as ~~determine~~well toas ~~retain~~the ~~any~~steadily ~~earnings~~increasing demand for ~~use~~malt from the beer industry in ~~business~~our ~~operations~~region. We expect to reinforce and ~~accordingly,~~strengthen weour docurrent ~~not~~market ~~anticipate~~position ~~declaring~~by ~~any~~raising ~~dividends~~capital into ~~the~~expand ~~foreseeable~~our ~~future~~production and packaging capacity.

Imported malt suppliers are becoming active market participants in the Chinese malt industry by means of introducing advanced malt processing technology, while domestic maltsters like us have signature strengths in price and cost control. However, there can be no assurance that the competition, especially in client development and selling price, between domestic and foreign malt suppliers, or even between regional maltsters, will not intensify in the future.

Competition in the Beer Business. Competition in the Chinese beer industry is developing rapidly due to the growth in demand and the encouragement of the Chinese government. As a result, we compete with a significant number of other breweries in the production and marketing of beer. For example, within Linyi County alone, where Qingyuan Beer is located, there are two brewers with annual production of 200,000 metric tons and five brewers with annual production of 100,000 metric tons, including Qingyuan Beer. In the regional moderately-priced beer market, we compete against such regional brewers as Shandong Yinmai Brewery Co., Ltd., Shandong Taishan Beer Co., Ltd. and Shandong Weihaiwei Brewery Group. We also faces competition from larger, national beer companies such as Tsingtao, Yanjing and Xuehua Beer, which currently produce moderately-priced branded beers, as well as premium beer.

WEWhile ~~MOST~~approximately ~~LIKELY~~85% ~~WILL~~of ~~ISSUE~~the ~~ADDITIONAL~~beer ~~SECURITIES~~consumed INin ~~CONJUNCTION~~China ~~WITH~~is Abrewed ~~BUSINESS~~by ~~OPPORTUNITY~~Chinese ~~WHICH~~brewers, ~~WILL~~imported ~~RESULT~~beer INaccounts Afor ~~DILUTION~~an OFincreasing ~~PRESENT~~share ~~SHAREHOLDER~~of ~~OWNERSHIP~~the domestic moderately-priced beer market. We also compete with niche beers produced by affiliates of certain major domestic brewers. For example, Huarun Xuehua Beer (China) Co., Ltd., a subsidiary of SABMiller, produces moderately-priced beers for sale in the Chinese markets. In addition, we expect that the major national brewers, with their superior financial resources and established distribution networks, will seek further participation in the continuing growth of the moderately-priced beer market through the investment in, or formation of distribution alliances with, smaller specialty brewers. The increased participation of the major national brewers will likely increase competition for market share and heighten price sensitivity within the beer market in which we compete. Many of our competitors have significantly greater financial, production, product distribution and marketing resources than do we.

Our ~~Articles~~beer ofproducts ~~Incorporation,~~also ascompete ~~amended,~~generally ~~authorize~~with ~~the~~other ~~issuance~~alcoholic ~~of 300~~beverages,~~000,000~~ ~~shares~~including ofproducts ~~common~~offered ~~stock,~~in ~~par~~other ~~value~~segments ~~$0.001. As~~ of ~~April~~the ~~23,~~beer ~~2010,~~industry weand ~~have~~low ~~758,386~~alcohol ~~shares issued and outstanding~~products. We ~~may~~compete ~~be expected to issue additional shares in connection~~ with ~~our~~other ~~pursuit~~beer ~~of new business opportunities~~ and ~~new~~beverage ~~business~~companies ~~operations.~~not Toonly ~~the~~for ~~extent~~consumer ~~that~~acceptance ~~additional~~and ~~shares of common stock are issued~~loyalty, ~~our~~but ~~shareholders~~also ~~would~~for ~~experience~~shelf ~~dilution~~and oftap ~~their~~space ~~respective~~in ~~ownership~~retail ~~interests.~~establishments Ifand wefor ~~issue~~marketing ~~shares~~focus ofby ~~common stock in connection with~~ our ~~intent~~distributors toand ~~pursue~~their ~~new business opportunities~~customers, aall ~~change in control~~ of ~~our~~which ~~Company~~distribute ~~may~~and besell ~~expected~~other tobeer ~~occur.~~and ~~The~~alcoholic ~~issuance~~beverage ~~of additional shares of common stock may adversely affect the market price of our common stock, in the event that an active trading market commences~~products.

~~PRINCIPAL STOCKHOLDER MAY ENGAGE IN A TRANSACTION TO CAUSE THE COMPANY TO REPURCHASE HIS SHARES OF COMMON STOCK.~~Regulations

InManagement ~~order~~believes towe ~~provide~~currently ~~control~~have ofall ~~the~~material ~~Company~~licenses, topermits ~~third~~and ~~party,~~approvals necessary for our ~~principal~~current ~~stockholder~~operations. However, ~~may~~existing ~~choose~~permits toor ~~cause~~licenses ~~the~~could ~~Company~~be torevoked ~~sell~~if ~~Company~~we ~~securities~~were to ~~third~~fail ~~parties,~~to comply with the ~~proceeds~~terms of such ~~sale~~permits ~~being~~or ~~utilized~~licenses, ~~for~~and ~~the~~additional ~~Company~~permits tocould ~~repurchase~~in ~~shares~~the offuture ~~common~~be ~~stock~~required ~~held~~for byour ~~such~~existing ~~principal~~or ~~stockholder~~expanded operations. AsIf alicenses, ~~result~~permits or approvals necessary for our operations were unavailable or unduly delayed, or of any such ~~transaction~~permits or licenses were revoked, our ~~management,~~ability ~~principal~~to ~~stockholder(s)~~conduct ~~and~~our ~~Board~~business ofcould ~~Directors~~be ~~may~~substantially ~~change~~and adversely affected.

WEBrewery ~~ARE~~and ~~REQUIRED~~Malt TORegulation. ~~COMPLY~~We ~~WITH~~are ~~PENNY~~subject ~~STOCK~~to ~~RULES~~licensing ~~WHICH~~and ~~MAY~~regulation ~~LIMIT~~by ~~THE~~a ~~SECONDARY~~number ~~TRADING~~of ~~MARKET~~governmental ~~FOR~~authorities ~~OUR~~and ~~SECURITIES~~are required to obtain certain license and certificates, among which, the most important ones are Beer Production License, Grain Purchase License and Certificate of Record for Manufacturers' Self-declaration:

~~Our~~According ~~securities~~to ~~will be considered a "penny stock" as defined in~~ the ~~Exchange~~Food ~~Act~~Safety ~~and~~Law ~~the~~of ~~rules thereunder, unless~~ the ~~price~~People's ofRepublic ~~our shares~~ of ~~common~~China ~~stock~~effective ison atJune ~~least $5.00. We expect that our share price will be less than $5.00. Unless our common stock is otherwise excluded from the definition of "penny stock"~~1, ~~the penny stock rules apply. The penny stock rules require a broker-dealer~~2009, ~~prior~~all tofood aproducers ~~transaction~~ in aChina ~~penny~~shall ~~stock~~obtain license ~~not~~when ~~otherwise~~engaging ~~exempt from the rules, to deliver a standardized risk disclosure document that provides information about penny stocks and the nature and level of risks~~ in ~~the~~food ~~penny~~production ~~stock market~~activities. ~~The~~In ~~broker-dealer~~compliance ~~also must provide the customer~~ with ~~current bid and offer quotations for~~ the ~~penny~~PRC ~~stock,~~Food ~~the~~Safety ~~compensation of the broker-dealer and its sales person in the transaction~~Law, ~~and~~we ~~monthly~~applied account statements showing the market value of each penny stock held in the customer's account. In addition, the penny stock rules require that the broker-dealer, not otherwise exempt from such rules, must make a special written determination that the penny stock is suitable for the purchaser and ~~receive~~then ~~the~~obtained ~~purchaser's~~Beer ~~written~~Production ~~agreement to the transaction~~License. ~~These~~We ~~disclosure~~currently ~~rules~~maintain ~~have~~valid ~~the~~Beer ~~effect~~Production ~~of reducing the level of trading activity in the secondary market for a stock that becomes subject to the penny stock rules~~License. So long as the common stock is subject to the penny stock rules, it may become more difficult to sell such securities. Such requirements could limit the level of trading activity for our common stock and could make it more difficult for investors to sell our common stock.

~~ITEM~~Our ~~1B.~~malt business is subject to the Administrative Regulation on Grain Circulation effective on May 26, 2004, according to which, business operators shall obtain Grain Purchase License ~~UNRESOLVED~~in ~~STAFF~~order ~~COMMENTS~~to be qualified to purchase grain in China. We currently maintain valid Grain Purchase License issued by Linyi Grain Bureau.

~~NONE~~In accordance with the Foreign Trade Law of The People's Republic of China promulgated and implemented on July 1, 2004, foreign trade dealers engaged in import and export of goods or technologies shall register with the relevant authorities. We completed the registration on October 13, 2008 and obtained the Certificate of Record for Manufacturers' Self-declaration on June 2, 2009 issued by Dezhou Entry-Exit Inspection and Quarantine Bureau. We currently maintain its valid status.

IState ~~TEM~~and 2Federal Environmental Regulation. ~~PROPERTIES~~ Our operations are subject to environmental regulations and local permitting requirements regarding, among other things, air emissions, radiation, water using, water discharges and the handling and disposal of wastes. We currently have the Radiation Safety License, and are in the process of renewing the licenses for water using, water discharges and waste disposal. While we have no reason to believe our operation violates any such regulation or requirements, if such a violation were to occur, our business may be adversely affected. In addition, if environmental regulations were to become more stringent in the future, we could be adversely affected.

Sabre Industrial shares office space with its officer and director at 330 Clematis Street, Suite 217, West Palm Beach, Florida 33401. The Company does not have a lease and the Company pays no rent for the space. The Company does not own any properties nor does it lease any properties. The Company does not believe it will need to maintain an office at any time in the foreseeable future in order to carry out its plan of operations as described herein.

~~ITEM 3. LEGAL PROCEEDINGS~~Trademarks

OnWe ~~August~~consider 14our trademarks, ~~2007~~particularly the “Qinglin,” in“Qingyi” ~~its~~and ~~Court~~“Qingyuan” ~~Order~~brand names, ~~the~~beer ~~Circuit~~recipes ~~Court~~and ~~for~~product ~~the~~packaging, ~~15th~~advertising ~~Judicial~~and ~~Circuit~~promotion indesign and ~~for~~artwork ~~Palm~~to ~~Beach~~be ~~County,~~of ~~Florida~~considerable ~~granted~~value ~~the~~to ~~application~~our ofbusiness. ~~Century~~We rely ~~Capital~~on ~~Partners~~a combination of trade secret, ~~LLC~~copyright and trademark laws and nondisclosure and other arrangements to ~~have~~protect aour ~~receiver~~proprietary ~~appointed~~rights. Despite ~~The~~our ~~Court~~efforts ~~appointed~~to ~~Brian~~protect T.our ~~Scher~~proprietary rights, ~~Esquire~~unauthorized asparties ~~receiver~~may ofattempt ~~the~~to ~~Company. The~~copy ~~Court~~or ~~Order~~obtain ~~appointing~~and ~~Receiver~~use ~~empowered~~information Mrthat we regard as proprietary. ~~Scher~~There can be no assurance that the steps we take to ~~evaluate~~protect our ~~financial~~proprietary ~~status,~~information towill ~~determine~~prevent ~~whether~~misappropriation ~~there~~of ~~are~~such ~~any~~information ~~options~~and ~~for~~such ~~corporate~~protections ~~viability~~may ~~that~~not ~~could~~preclude ~~benefit~~competitors ~~our~~from ~~shareholders,~~developing confusingly similar brand names or promotional materials or developing products with taste and other qualities similar to ~~reinstate~~our beers. While we believe our ~~corporation~~trademarks, ~~with~~copyrights and recipes do not infringe upon the ~~Florida~~proprietary ~~Secretary~~rights of ~~State~~third parties, ~~and~~there tocan ~~obtain~~be ~~copies~~no ofassurance ~~our~~that ~~shareholder~~we ~~records~~will not receive future communications from third parties asserting that our trademarks, ~~transfer~~copyrights ~~agent~~and recipes infringe, or may infringe, the proprietary rights of third parties.

MrThe potential for such claims will increase as we introduce new beers, increase distribution in recently-entered geographic areas or enter new geographic regions. ~~Michael~~Any ~~Anthony~~such isclaims, ~~the~~with ~~sole~~or ~~member~~without merit, could be time consuming, result in costly litigation and diversion of ~~Century~~management ~~Capital~~personnel, ~~Partners~~cause product distribution delays or require us to enter into royalty or licensing agreements.

~~Under~~Such ~~Mr.~~royalty ~~Scher’s~~or ~~receivership~~licensing agreements, ~~and~~if ~~with~~required, ~~funds~~may ~~supplied~~not bybe ~~Century~~available ~~Capital~~on ~~Partners,~~terms ~~the~~acceptable ~~Company~~to ~~reinstated~~us ~~its~~or ~~corporate~~at ~~charter and paid~~ all. ~~past~~In ~~due~~the ~~franchise~~event ~~taxes;~~of ~~paid~~a ~~down~~successful ~~the~~claim ~~outstanding~~of ~~debt~~infringement ~~with~~against ~~the~~our ~~transfer~~company ~~agent;~~ and ~~made~~failure anor ~~analysis~~inability of ~~the~~our ~~Company’s~~company ~~debts~~to ~~and~~license ~~potential for viability as a merger candidate. In addition, after acting as~~ the ~~sole~~infringed ~~temporary~~or ~~officer~~similar ~~and~~proprietary ~~director~~information, onour ~~October 1~~business, ~~2007,~~operating ~~Mr.~~results ~~Scher~~and ~~appointed~~financial ~~Michael~~condition ~~Anthony~~could asbe ~~our~~materially ~~sole~~adversely ~~Director, President, Secretary and Treasurer~~affected.

~~On October 1, 2007, following the submittal of reports by Mr. Scher; the Court discharged the receiver and returned the Company to the control of its Board of Directors.~~Employees

~~Sabre~~At ~~Industrial’~~December ~~officers~~31, ~~and~~2010, ~~directors~~we ~~are~~had ~~not~~340 ~~aware~~full oftime ~~any~~employees, ~~threatened~~including or285 ~~pending~~in ~~litigation~~production, to20 ~~which~~in ~~the~~sales ~~Company~~and ismarketing, aand ~~party~~35 orin ~~which~~administration. ~~any~~None of ~~its~~our ~~property~~employees is ~~the~~represented ~~subject~~by ~~and~~a ~~which~~labor ~~would~~union. ~~have~~We ~~any~~believe ~~material,~~our ~~adverse~~relations ~~effect~~with onour ~~the~~employees ~~Company~~is good.

~~ITEM~~As 4required by applicable Chinese law, we have entered into employment contracts with substantially all of our officers, managers and employees. ~~SUBMISSION~~ OFWe ~~MATTERS~~are TOworking Atowards ~~VOTE~~entering OFinto ~~SECURITY~~employment ~~HOLDERS~~contracts with those employees who do not currently have employment contracts with us. The PRC enacted a new Labor Contract Law, which became effective on January 1, 2008. We have updated our employment contracts and employee handbook and are in compliance with the new law. We will work with our employees to insure that our employees obtain the full benefit of the law. We do not anticipate that changes in the law will materially impact our balance sheet and cash flows.

By consent of the majority shareholder, effective March 26, 2010 the Company changed its name to Sabre Industrial, Inc., and enacted a 1:75 reverse split of its outstanding common stock

PART II

ITEM 5. MARKET FOR REGISTRANT'S COMMON EQUITY; RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES

The Company’s common stock is traded on the over the counter pinksheets under the symbol "SBRD". Such trading of our common stock is limited and sporadic. To the best knowledge of the Company, there has been no active trading activity for approximately the past two years.

~~According~~ITEM ~~to records of the Company's transfer agent, the Company had approximately 1087 holders of Common Stock of record as of April 23, 2010~~1A. ~~This~~RISK number does not include an indeterminate number of shareholders whose shares are held by brokers in street name. The following table sets forth the high and the low sale prices of the Company's equity securities during the fiscal quarters in the years ended March 31, 2009 and 2010. The quotations below reflect inter-dealer prices, without retail mark-up, mark-down or commission and may not represent actual transactions:FACTORS

~~Closing~~Not ~~Bids~~applicable to smaller reporting companies.

	HIGH		LOW
Quarter end March 31, 2010	$	.225	$	.007
Quarter end December 31, 2009	$	.004	$	.00175
Quarter end September 30, 2009	$	.00475	$	.00075
Quarter end June 30, 2009	$	.004	$	.00050
Quarter end March 31, 2009	$	.001	$	.0013
Quarter end December 31, 2008	$	.009	$	.001
Quarter end September 30, 2008	$	.007	$	.002
Quarter end June 30, 2008	$	.004	$	.0015

ITEM 1B.

UNRESOLVED STAFF COMMENTS.

AtNot ~~the~~applicable ~~time of filing of this Form 10-K, there is no common stock that is subject~~ to ~~outstanding~~smaller ~~options~~reporting ~~or warrants to purchase common equity~~companies. ~~At the time of filing this Form 10-K there are 10,000 shares of Series A Preferred Stock outstanding of which each share is convertible into 10,000 shares of common stock at the option of the holder.~~

ItITEM is the position of the Securities and Exchange Commission, in a No Action Letter to OTC Compliance at the NASD, dated January 21, 2000, that Rule 144 is not available for resale transactions involving securities sold by promoters and affiliates of a blank check company, and their transferees, and anyone else who has been issued securities from a blank check company, and that securities issued by a blank check company to promoters and affiliates, and their transferees, can only be resold through registration under the Act2. ~~Promoters and affiliates of a blank check company will be considered underwriters under the Securities Act when reselling the securities of a blank check company~~PROPERTIES. At present, the Company is a development stage company with no revenues and has no specific business plan or purpose. The Company's business plan is to seek new business opportunities or to engage in a merger or acquisition with an unidentified company. As a result, the Company is a blank check company.

~~Effective~~All ~~February~~land ~~15,~~in ~~2008,~~China is owned by the ~~Securities~~government. Individuals and ~~Exchange~~companies ~~Commission~~are ~~codified~~permitted ~~this~~to ~~position~~acquire inrights ~~new~~to ~~Rule~~use ~~144(i). Rule~~land ~~144(i)~~or ~~provides~~land ~~that~~use ~~the~~rights ~~safe~~for ~~harbor~~specific ~~found~~purposes. inIn ~~Rule~~the ~~144~~case isof ~~not~~land ~~available~~used for industrial purposes, the ~~resale~~land use rights are granted for a period of ~~securities~~50 ~~initially~~years. ~~issued~~This byperiod anmay ~~issuer~~be ~~that~~renewed ~~has~~at nothe orexpiration ~~nominal~~of ~~operations~~the initial and noany orsubsequent ~~nominal~~terms. ~~assets~~Granted orland ~~assets~~use ~~consisting~~rights ~~solely~~are oftransferable ~~cash~~and ormay ~~cash~~be ~~equivalents~~used oras ~~any~~security ~~amount~~for ofborrowings ~~assets~~and ~~consisting~~other ofobligations. ~~cash~~Linyi orMalt ~~cash~~and ~~equivalents~~Qingyuan ~~and~~Beer ~~nominal~~currently ~~other~~have ~~assets~~land use rights to approximately 51,554. In94 ~~accordance~~and ~~with~~113,356 ~~Rule~~square ~~144(i)~~meters, ~~Rule~~respectively, ~~144~~in isvarious ~~not~~parts ~~available~~in Linyi, Shandong Province. All fees for ~~the~~acquiring ~~re-sale~~such land use rights have been paid off as of ~~our~~December ~~securities~~31, ~~initially~~2010. ~~issued~~Each ~~while~~of weLinyi ~~were~~Malt aand ~~shell~~Qingyuan ~~company~~Beer also owns several buildings in Linyi, as described below. None of the properties owned by either Linyi Malt or Qingyuan Beer is subject to mortgage.

~~The~~Administrative ~~ability~~Offices. ofOur ~~individual~~executive ~~shareholders~~offices toand ~~trade~~the ~~their~~executive ~~shares~~offices inof aQingyuan ~~particular~~Beer ~~state~~are ~~may~~located beon ~~subject~~a toparcel ~~various~~of ~~rules~~land ~~and~~in ~~regulations~~the ofLinyi ~~that~~Linpan ~~state~~Industrial Park, Shandong Province. AThe ~~number~~executive offices of ~~states~~Linyi ~~require~~Malt ~~that~~are anlocated ~~issuer's~~on ~~securities~~a beparcel ~~registered~~of land in ~~their~~the ~~state~~Linyi orHengyuan ~~appropriately~~Economic ~~exempted~~Zone ~~from~~at ~~registration~~Area ~~before~~No. ~~the~~1 ~~securities~~and ~~are~~YuanZhen ~~permitted~~Road ~~to trade~~ in ~~that~~Shandong ~~state~~Province.

Malt Facility. Linyi Malt produces and packages its malt products in its own production facility located on 51,554 square meters of land in the Linyi Hengyuan Economic Zone at Area No. 1 and YuanZhen Road in Shandong Province. The executive offices and production facilities are contained in 17,791 square meters of usable space that includes a malt production facility, an office building and three other buildings used for storage and warehousing purposes. Linyi Malt has properly acquired and obtained the land use rights relating to these facilities, which will expire in March 2054 and August 2056.

Brewing Facility. Qingyuan Beer produces and packages its beverages in its own brewing and bottling facility located on 103,477 square meters of land in the Linyi Linpan Industrial Park in Shandong Province. The executive offices and brewery are contained in 13,582 square meters of usable space that includes a building used as executive offices, an employee dormitory building, a brewing production building with a boiler room, an engine room and a brew house, and a building that houses two complete bottling lines and a complete canning line, including pasteurizers, and warehousing for packaging materials and finished products waiting for shipping. Qingyuan Beer has properly acquired and obtained the land use rights relating to these facilities, which will expire in August 2056.

ITEM 3.

LEGAL PROCEEDINGS.

As of the date of this report, we are not a party to any legal proceedings, individually or in the aggregate, are material to us as a whole.

~~Sabre~~ITEM ~~Industrial~~4. is(REMOVED ~~not~~AND ~~and is not proposing to publicly offer any securities at this time~~RESERVED.)

~~From~~PART time-to-time the Company may grant options or warrants, or promise registration rights to certain shareholders. The Company has no control over the number of shares of its common stock that its shareholders sell. The price of the Company's stock may be adversely affected if large amounts are sold in a short period.II

~~The~~ITEM ~~Company's~~5. ~~shares~~MARKET ~~most~~FOR ~~likely~~COMMON ~~will be subject to the provisions of Section 15(g) and Rule 15g-9 of the Exchange Act~~EQUITY, ~~commonly~~RELATED ~~referred~~STOCKHOLDER toMATTERS asAND ~~the~~SMALL ~~"penny~~BUSINESS ~~stock"~~ISSUER ~~rule.~~PURCHASES ~~Section~~OF ~~15(g)~~EQUITY ~~sets forth certain requirements for transactions in penny stocks and Rule 15g-9(d)(1) incorporates the definition of penny stock as that term is used in Rule 3a51-1 of the Exchange Act~~SECURITIES.

~~The~~Market SEC generally defines penny stock to be any equity security that has a market price less than $5.00 per share, subject to certain exceptions. Rule 3a51-1 provides that any equity security is considered to be a penny stock unless that security is: registered and traded on a national securities exchange meeting specified criteria set by the SEC; authorized for ~~quotation~~Common onEquity The NASDAQ Stock Market; issued by a registered investment company; excluded from the definition on the basis of price (at least $5.00 per share) or the issuer's net tangible assets; or exempted from the definition by the SEC. Broker-dealers who sell penny stocks to persons other than established customers and ~~accredited~~Related ~~investors~~Stockholder ~~(generally persons with assets in excess of $1,000,000 or annual income exceeding $200,000, or $300,000 together with their spouse), are subject to additional sales practice requirements.~~Matters

~~For~~Our ~~transactions~~common covered by these rules, broker-dealers must make a special suitability determination for the purchase of such securities and must have received the purchaser's written consent to the transaction prior to the purchase. Additionally, for any transaction involving a penny stock, ~~unless~~is ~~exempt,~~currently ~~the~~quoted ~~rules~~on ~~require~~ the ~~delivery,~~OTCQB ~~prior~~under to the ~~first~~trading ~~transaction,~~symbol ~~of a risk disclosure document relating to the penny stock market~~“BEER”. Prior ~~A broker-dealer also must disclose the commissions payable~~ to ~~both~~January ~~the broker-dealer and the registered representative~~19, ~~and current quotations for the securities. Finally~~2011, monthly statements must be sent to clients disclosing recent price information for the penny stocks held in the account and information on the limited market in penny stocks. Consequently, these rules may restrict the ability of broker-dealers to trade and/or maintain a market in our common stock ~~and~~was ~~may~~quoted ~~affect~~on the ~~ability~~OTCQB ofunder ~~shareholders~~the totrading ~~sell~~symbol ~~their shares~~“SBRD”.

~~Dividends~~The following table sets forth the high and low bid prices of our common stock, as reported by Bloomberg, for each quarter since January 1, 2009. The quotations reflect inter-dealer prices, without retail mark-up, markdown or commission, and may not represent actual transactions.

The Company has not declared any dividends since inception and does not anticipate paying any dividends in the foreseeable future. The payment of dividends is within the discretion of the Board of Directors and will depend on the Company's earnings, capital requirements, financial condition, and other relevant factors. There are no restrictions that currently limit the Company's ability to pay dividends on its Common Stock other than those generally imposed by applicable state law.

Quarter Ended	High Bid		Low Bid

March 31, 2009	$	0.225	$	0.014
June 30, 2009	$	0.375	$	0.052
September 30, 2009	$	0.525	$	0.098
December 31, 2009	$	0.300	$	0.084

March 31, 2010	$	0.263	$	0.150
June 30, 2010	$	0.500	$	0.011
September 30, 2010	$	0.500	$	0.020
December 31, 2010	$	0.510	$	0.026

~~Equity~~As ~~Compensation~~of ~~Plans~~March 24, 2011 we had 126,857,289 shares of our common stock issued and outstanding, and we had approximately 1,463 holders of record of our outstanding shares.

WeOn ~~have~~November no23, ~~equity~~2010, ~~compensation~~holders ~~plans~~of 97,413,559 shares of our common stock, constituting 76.8% of the our issued and outstanding shares of common stock, gave their written consent to a resolution adopted on November 23, 2010, by our Board of Directors, to amend and restate our Certificate of Incorporation by filing an Amended and Restated Certificate of Incorporation with the Delaware Secretary of State so as to:

Change the name of our company from “Sabre Industrial, Inc.” to “Tsingyuan Brewery Ltd.” (the “Name Change”);

Effect a reverse split of our common stock in a ratio of not more than 1-for-8 and not less than 1-for-20, such ratio to be determined by our Board of Directors, in its sole discretion (the “Reverse Split”); and

Reduce the authorized shares of our common stock from 300,000,000 shares to 90,000,000 shares (the “Authorized Shares Reduction”).

Despite approval of the Name Change, the Reverse Split and the Authorized Shares Reduction, our Board of Directors may, in its sole discretion, determine not to effect, and to abandon, any of such corporate actions without further action by our shareholders. On January 14, 2011, our Board of Directors determined to only effectuate the Name Change at that time, and we filed an Amended and Restated Certificate of Incorporation (“Certificate of Incorporation”) with the Delaware Secretary of State that changed our name to Tsingyuan Brewery Ltd. which was accepted by the Delaware Secretary of State. On January 18, 2011 we received an approval from the Financial Industry Regulatory Authority (“FINRA”) clearing our name change effective as of January 19, 2011. Concurrently with the name change, our trading symbol was changed from “SBRD” to “BEER”.

~~Recent~~As ~~Sales~~of the date of ~~Unregistered~~this ~~Securities~~report, no further action has been taken with respect to the Reverse Split or the Authorized Shares Reduction. However, in the future our Board of Directors, in its sole discretion, may decide to file another amendment to our Certificate of Incorporation to effectuate the Reverse Split and the Authorized Shares Reduction, without requiring further approval by our shareholders.

~~The~~Dividend following is a list of unregistered securities sold by the Company within the last three years including the date sold, the title of the securities, the amount sold, the identity of the person who purchased the securities, the price or other consideration paid for the securities, and the section of the Securities Act of 1933 under which the sale was exempt from registration as well as the factual basis for claiming such exemption.Policy

InThe ~~exchange~~payment ~~for an aggregate capital investment~~ of $8dividends,~~700~~ byif ~~Century~~any, ~~Capital~~is ~~Partners~~within onthe ordiscretion ~~near~~of ~~October~~our 1,Board ~~2007~~of ~~Sabre~~Directors ~~Industrial~~and ~~issued~~will tobe ~~Century~~contingent ~~Capital~~upon ~~Partners~~our (revenues and ~~Corporate Services International~~earnings, ~~Inc.)~~capital 10requirements,~~000,000~~ ~~shares~~financial ~~(133,334~~condition ~~post~~and ~~split)~~our ofability ~~its~~to ~~common~~obtain ~~stock~~approval ~~representing~~to ~~approximately~~get ~~20.53%~~monies out of ~~its~~the ~~common stock outstanding on that date~~PRC. ~~The~~We ~~funds~~presently ~~were~~intend ~~used~~ to ~~pay~~retain ~~ongoing~~all ~~administrative~~earnings, ~~expenses~~if any, ~~including~~for ~~but~~use ~~not~~in ~~limited~~our ~~to,~~business ~~outstanding~~operations ~~transfer~~and ~~agent fees~~accordingly, ~~state~~our ~~reinstatement~~Board ~~and~~of ~~filing~~Directors ~~fees~~does ~~and~~not ~~all~~anticipate ~~costs~~declaring ~~associated~~any ~~with~~dividends ~~conducting~~in the ~~shareholders~~near ~~meeting~~future. ~~On February 23, 2010 Century Capital Partners transferred these shares to Corporate Services International.~~

InAs ~~exchange~~stipulated ~~for~~by anthe ~~aggregate~~Company ~~capital~~Law ~~investment~~ of ~~$8,700~~the byPRC ~~Corporate~~as ~~Services~~applicable ~~International (and Century Capital Partners) on or near January 21, 2008 Sabre Industrial issued~~ to ~~Corporate~~Chinese ~~Services~~companies ~~International~~with ~~1,298,006~~foreign ~~shares (17~~ownership,~~307~~ ~~post~~net ~~split)~~income ofafter ~~its~~taxation ~~common~~can ~~stock~~only ~~representing~~be ~~approximately~~distributed ~~2.6%~~as ofdividends ~~its~~after ~~common~~appropriation ~~stock~~has ~~outstanding~~been onmade ~~that~~for ~~date. The funds were used to pay ongoing administrative expenses. Mr. Michael Anthony is~~ the ~~sole officer and director of Corporate Services International, Inc.~~following:

On· orMaking ~~near~~up ~~May~~cumulative ~~15,~~prior 2008, Corporate Services International, Inc. agreed to contribute $25,000 as paid in capital to Sabre Industrial, the entire amount of which was paid to Sabre Industrial on February 19, 2009. This capital contribution is separate from and in addition to the $8,258 capital contributions previously made by Century Capital Partners and Corporate Services International. Sabre Industrial has used and shall continue to use these funds to pay the costs and expenses necessary to revive the Company's business and implement the Companyyears’s ~~business plan as described herein. Such expenses include~~losses, ~~without~~if ~~limitation, fees to redomicile the Company to the state of Delaware~~any; payment of state filing fees; transfer agent fees; calling and holding a shareholder’s meeting; accounting and legal fees; and costs associated with preparing and filing this Registration Statement, etc.

~~The~~· ~~Company~~allocations ~~believes~~to ~~that~~ the ~~issuance~~“Statutory ~~and~~surplus ~~sale~~reserve” of ~~the~~at ~~restricted~~least ~~shares~~10% ~~was exempt from registration pursuant to Section 4(2)~~ of ~~the~~income ~~Act~~after ~~as privately negotiated~~tax, ~~isolated,~~as ~~non-recurring~~determined ~~transactions~~under ~~not~~PRC ~~involving~~accounting ~~any~~rules ~~public~~and ~~solicitation.~~regulations, Anuntil ~~appropriate~~the ~~restrictive~~fund ~~legend~~amounts ~~is affixed~~ to ~~the~~50% ~~stock~~of ~~certificates~~our ~~issued~~registered ~~in such transactions.~~ capital;

~~ITEM~~· ~~6. SELECTED~~allocations ~~FINANCIAL~~of ~~DATA~~5 -10% of income after tax, as determined under PRC accounting rules and regulations, to our “Statutory common welfare fund”, which is established for the purpose of providing employee facilities and other collective benefits to our employees; and

~~This~~· ~~Item~~allocations isto ~~not~~the ~~applicable~~discretionary tosurplus ~~Sabre~~reserve, ~~Industrial~~if asapproved itin isthe ashareholders’ ~~smaller~~general ~~reporting company~~meeting.

~~ITEM~~Additionally, 7the PRC’s national currency, the yuan, is not a freely convertible currency. ~~MANAGEMENT'S~~Effective ~~DISCUSSION~~January 1, ~~AND~~1994, ~~ANALYSIS~~the OFPRC ~~FINANCIAL~~foreign ~~CONDITION~~exchange ~~AND~~system ~~RESULTS~~underwent OFfundamental ~~OPERATIONS~~changes. This reform was stated to be in line with the PRC’s commitment to establish a socialist market economy and to lay the foundation for making the yuan convertible in the future. The currency reform is designed to turn the dual exchange rate system into a unified and managed floating exchange rate system.

~~The~~A ~~following~~China ~~presentation~~Foreign ofExchange ~~management's~~Trading ~~discussion~~Centre ~~and~~was ~~analysis~~formed ofin ~~the~~April ~~Company's~~1994 ~~financial~~to ~~condition~~provide ~~and~~an ~~results~~interbank offoreign ~~operations~~exchange ~~should~~trading bemarket ~~read~~whose inmain ~~conjunction~~function ~~with~~is ~~the~~to ~~Company's~~facilitate ~~consolidated~~the ~~financial~~matching ~~statements,~~of ~~the~~long ~~accompanying~~and ~~notes~~short ~~thereto~~term ~~and~~foreign ~~other~~exchange ~~financial~~positions ~~information~~of ~~appearing~~the ~~elsewhere~~state-designated inbanks, ~~this~~and ~~report.~~to ~~This~~provide ~~section~~clearing and ~~other~~settlement ~~parts~~services. The People’s Bank of ~~this~~China ~~report~~publishes ~~contain~~the ~~forward-looking~~state ~~statements~~managed ~~that~~exchange ~~involve~~rate ~~risks~~daily ~~and~~based ~~uncertainties.~~on ~~The~~the ~~Company'~~daily average rate from the previous day’s ~~actual~~inter-bank ~~results~~trading ~~may~~market, ~~differ~~after ~~significantly~~considering ~~from~~fluctuations in the ~~results~~international ~~discussed~~foreign inexchange markets. Based on these floating exchange rates, the ~~forward~~state-~~looking~~designated ~~statements~~banks list their own exchange rates within permitted margins, and purchase or sell foreign exchange with their customers.

The State Administration of Foreign Exchange of the PRC (“SAFE”) administers foreign exchange dealings and requires that they be transacted through designated financial institutions. All Foreign Investment Enterprises (“FIEs”) may buy and sell foreign currency from designated financial institutions in connection with current account transactions, including, but not limited to, profit repatriation. With respect to foreign exchange needed for capital account transactions, such as equity investments, all enterprises in the PRC (including FIEs) are required to seek approval of the SAFE to exchange yuan into foreign currency. When applying for approval, such enterprises will be subject to review by the SAFE as to the source and nature of the yuan funds.

~~The~~On ~~following~~October ~~presentation~~21, 2005, SAFE issued the Notice on Issues Relating to the Administration of ~~management's~~Foreign ~~discussion~~Exchange in Fund-raising and ~~analysis~~Reverse Investment Activities of Domestic Residents Conducted via Offshore Special Purpose Companies, or Notice 75, which became effective as of November 1, 2005. According to Notice 75, prior registration with the ~~Company's~~local ~~financial~~SAFE ~~condition~~branch ~~and~~is ~~results~~required for PRC residents to establish or to control an offshore company for the purposes of ~~operations~~financing ~~should~~such beoffshore ~~read~~company with assets or equity interests in ~~conjunction~~an onshore enterprise located in the PRC, or an offshore special purpose company. An amendment to registration or filing with the ~~Company's~~local ~~consolidated~~SAFE ~~financial~~branch ~~statements,~~by such PRC resident is also required for the ~~accompanying~~injection ~~notes~~of ~~thereto~~equity ~~and~~interests or assets of an onshore enterprise in the offshore special purpose company or overseas funds raised by such offshore company, or any other ~~financial~~material ~~information~~change ~~appearing~~involving ~~elsewhere~~a change in ~~this~~the ~~report~~capital of the offshore special purpose company. ~~This~~To ~~section~~further ~~and~~clarify ~~other~~the ~~parts~~implementation of ~~this~~Circular ~~report~~75, ~~contain~~the ~~forward-looking~~SAFE ~~statements~~issued ~~that~~Circular ~~involve~~106 ~~risks~~on ~~and~~May ~~uncertainties~~29, 2007. ~~The~~Under ~~Company's~~Circular ~~actual~~106, ~~results~~PRC ~~may~~subsidiaries ~~differ~~of ~~significantly~~an ~~from~~offshore special purpose company are required to coordinate and supervise the ~~results~~filing ~~discussed~~of inSAFE registrations by the ~~forward-looking~~offshore ~~statements~~holding company’s shareholders or beneficial owners who are PRC residents in a timely manner.

~~OVERVIEW~~Our current major shareholders residing in the PRC may fall within the ambit of the SAFE notice and be required to register with the local SAFE branch as required under the SAFE notice. If so required, and if such shareholders fail to timely register their SAFE registrations pursuant to the SAFE notice, this may subject such shareholders and/or our PRC subsidiaries to fines and legal sanctions and may also limit our ability to contribute additional capital into our PRC subsidiaries, limit our PRC subsidiaries’ ability to distribute dividends to our company, or otherwise adversely affect our business.

~~Effective~~In ~~March 31~~addition, ~~2007,~~there ~~the~~can ~~Company~~be ~~approved~~no ~~and~~assurance ~~authorized~~that ~~a plan of quasi reorganization and restatement of accounts to eliminate~~ the ~~accumulated~~yuan ~~deficit~~relative and related capital accounts on the Company’s balance sheet. The Company concluded its period of reorganization after reaching a settlement agreement with all of its significant creditors. The Company, as approved by its Board of Directors, elected to ~~state~~other ~~its~~currencies ~~March~~will ~~31,~~not ~~2007,~~be ~~balance~~volatile ~~sheet~~or asthat athere ~~“quasi~~will ~~reorganization”,~~be ~~pursuant~~no todevaluation ~~ARB 43. These rules require the revaluation~~ of ~~all assets and liabilities to their current values through a current charge to earnings and~~ the ~~elimination~~yuan ofagainst ~~any~~other ~~deficit~~foreign ~~in retained earnings by charging paid-in capital. From April 1~~currencies, ~~2007~~including ~~forward,~~ the ~~Company~~U.S. ~~has recorded net income (and net losses) to retained earnings and (and net losses) to retained earnings and (accumulated deficit)~~dollar.

~~Our~~Recent ~~current~~Sales activities are related to seeking new business opportunities. We will use our limited personnel and financial resources in connection with such activities. It may be expected that pursuing a new business opportunity will involve the issuance of ~~restricted~~Unregistered shares of common stock. At March 31, 2009, we had $24,898 of cash assets. At March 31, 2009 the Company had current liabilities of $29,830; $13,258 of which was due to related parties. At March 31, 2010, we had $12,372 of cash assets. At March 31, 2010 the Company had current liabilities of $30,005; $13,258 of which was due to related parties.Securities

We ~~have~~did ~~had~~not nosell ~~revenues~~any inequity ~~the~~securities ~~years~~during ~~ended March 31, 2009 or 2010. Our operating expenses for~~ the fiscal year ~~end~~ended ~~March~~December 31, 2010 ~~were~~that ~~$36,651 and for the year end March 31, 2009~~ were ~~$38,719,~~not ~~comprised~~previously ofdisclosed ~~general~~in ~~and administrative expenses. Accordingly, we had~~ a ~~net~~quarterly ~~loss~~report ofon ~~36,651~~Form ~~and~~10-Q aor ~~net~~current ~~loss~~report ~~per~~on ~~share~~Form ~~of $0~~8-K.~~05 for the year end March 31, 2010 and a net loss of $38,719 and a net loss per share of $0~~.~~05 for the year end March 31, 2009.~~

~~CONTINUING~~Equity ~~OPERATIONS,~~Compensation ~~LIQUIDITY~~Plan ~~AND CAPITAL RESOURCES~~Information

~~Management~~We ~~related parties~~ have ~~invested~~not ~~$33,700~~yet ~~into~~adopted ~~the~~an ~~Company~~equity incompensation ~~exchange~~plan for ~~150,641~~the ~~post~~issuance ~~split shares~~ of ~~common~~equity ~~stock~~securities ~~and~~or ~~10,000 shares~~ of ~~Series~~options Aor ~~Preferred~~warrants ~~Stock. In addition, management has loaned the Company $13,258 for ongoing expenses. While we are dependent upon interim funding provided by management~~ to ~~pay~~purchase ~~professional~~equity ~~fees~~securities ~~and expenses, we have no written finance agreement with management~~ to ~~provide~~ any ~~continued funding. As~~ of ~~March~~our 31directors, ~~2010~~officers ~~the~~or ~~Company had current liabilities of $30,005 of which $13,258 is due to related parties~~employees. Although we believe management will continue to fund the Company on an as needed basis, we do not have a written agreement requiring such funding. In addition, future management funding, will more than likely be in the form of loans, for which the Company will be liable to pay back.

~~The~~ITEM ~~principal stockholder provided, without cost to the Company, his services, valued at $1,800 per month which totaled $21,600 respectively for the years 2009 and 2010~~6. ~~The~~SELECTED ~~principal~~FINANCIAL ~~stockholder also provided, without cost to the Company, office space valued at $200 per month, which totaled $2,400 for the twelve-month periods ended March 31, 2009 and 2010~~DATA. ~~The total of these expenses of $24,000 for each year and was reflected in the statement of operations as general and administrative expenses with a corresponding contribution of paid-in capital.~~

Not applicable to smaller reporting companies.

~~The~~ITEM ~~Board of Directors of the Company has determined that the best course of action for the Company is to complete a business combination with an existing business~~7. ~~The~~ ~~Company~~MANAGEMENT’S ~~has~~DISCUSSION ~~limited~~AND ~~liquidity~~ANALYSIS orOF ~~capital~~FINANCIAL ~~resources.~~CONDITION AsAND ofRESULTS ~~March~~OF ~~31, 2010, the Company had a cash balance of $12,372~~OPERATIONS. In the event that the Company cannot complete a merger or acquisition and cannot obtain capital needs for ongoing expenses, including expenses related to maintaining compliance with the securities laws and filing requirements of the Securities Exchange Act of 1934, the Company could be forced to cease operations.

~~Sabre~~Item ~~Industrial currently plans to satisfy its cash requirements for the next 12 months though it~~7. Management’s ~~current~~Discussion ~~cash~~ and byAnalysis ~~borrowing from its officer and director~~ or ~~companies~~Plan ~~affiliated~~of with its officer and director and believes it can satisfy its cash requirements so long as it is able to obtain financing from these affiliated entities. Sabre Industrial currently expects that money borrowed will be used during the next 12 months to satisfy the Company's operating costs, professional fees and for general corporate purposes. The Company may explore alternative financing sources, although it currently has not done so.Operation

~~Sabre~~Certain ~~Industrial~~statements ~~will~~in ~~use~~this ~~its~~report ~~limited~~constitute ~~personnel~~“forward-looking ~~and~~statements” ~~financial~~within ~~resources~~the inmeaning ~~connection~~of ~~with~~the ~~seeking~~Private ~~new~~Securities ~~business~~Litigation ~~opportunities,~~Reform ~~including~~Act ~~seeking~~of an1995. Such ~~acquisition~~forward-looking orstatements ~~merger~~involve ~~with~~known anand ~~operating~~unknown ~~company.~~risks, Ituncertainties ~~may~~and beother ~~expected~~factors that ~~entering~~may ~~into~~cause athe ~~new~~actual ~~business~~results, ~~opportunity~~performance or ~~business~~achievements ~~combination will involve the issuance~~ of aour ~~substantial~~company ~~number~~to ofbe ~~restricted~~materially ~~shares~~different offrom ~~common~~any ~~stock.~~future Ifresults, ~~such~~performance ~~additional~~or ~~restricted~~achievements ~~shares~~expressed ofor ~~common~~implied ~~stock~~by ~~are~~such ~~issued,~~forward-looking ~~the~~statements. Factors ~~shareholders~~that ~~will~~might ~~experience~~cause such a ~~dilution~~difference ininclude, ~~their~~among ~~ownership~~others, ~~interest in~~ the ~~Company.~~potential Ifrisks, auncertainties ~~substantial~~and ~~number~~other offactors ~~restricted~~summarized ~~shares~~earlier ~~are issued~~ in ~~connection~~this ~~with~~report aunder ~~business~~the ~~combination,~~caption a“Forward-Looking ~~change~~Statements inand ~~control~~Associated ~~may be expected to occur~~Risks.”

InDuring ~~connection~~the ~~with~~period ~~the~~from ~~plan~~our formation in 1996 to ~~seek~~2004, ~~new~~we were in an unrelated business ~~opportunities~~that was discontinued in 2004. From 2004 to September 24, 2010, we did not generate any significant revenue, and~~/or~~ ~~effecting~~accumulated ano significant assets, as we explored various business ~~combination~~opportunities. On September 24, ~~the~~2010, ~~Company~~in ~~may~~exchange ~~determine~~for toa ~~seek~~controlling tointerest ~~raise~~in ~~funds~~our ~~from~~publicly-held ~~the~~“shell” ~~sale~~corporation, we acquired all of ~~restricted~~the issued and outstanding capital stock orof ~~debt~~Tsingyuan ~~securities~~Holding. This ~~The~~transaction ~~Company~~is ~~has~~commonly noreferred ~~agreements~~to as a “reverse acquisition.” For financial reporting purposes, Tsingyuan Holding was considered the acquirer in such transaction. As a result, our historical financial statements for all periods prior to ~~issue~~September ~~any~~24, ~~debt~~2010 orincluded ~~equity~~in ~~securities~~this ~~and~~report ~~cannot~~are ~~predict~~those ~~whether~~of ~~equity~~Tsingyuan orHolding, ~~debt~~its ~~financing~~subsidiaries ~~will~~and ~~become~~its ~~available~~VIEs, atLinyi ~~acceptable~~Malt ~~terms~~and Qingyuan Beer. Effective as of September 30, if2010, atour ~~all~~board of directors resolved to change our fiscal year end from March 31 to December 31.

There are no limitations in the certificate of incorporation on the Company's ability to borrow funds or raise funds through the issuance of capital stock to effect a business combination. The Company's limited resources and lack of recent operating history may make it difficult to borrow funds or raise capital. Such inability to borrow funds or raise funds through the issuance of capital stock required to effect or facilitate a business combination may have a material adverse effect on the Company's financial condition and future prospects, including the ability to complete a business combination. To the extent that debt financing ultimately proves to be available, any borrowing will subject the Company to various risks traditionally associated with indebtedness, including the risks of interest rate fluctuations and insufficiency of cash flow to pay principal and interest, including debt of an acquired business.Overview

~~The~~We ~~Company~~are ~~currently~~principally ~~has~~engaged noin ~~plans~~the toproduction ~~conduct~~and ~~any~~distribution ~~research~~of brewer’s malt and ~~development~~beer products in the PRC. Currently, we manufacture various types of malt products from a wide variety of domestic and imported barleys. Our malts are either used in the production of our own beer products or are sold on a wholesale basis to ~~purchase~~other orbreweries ~~sell~~through ~~any~~our ~~significant~~direct ~~equipment~~sales force. Most of our third-party malt sales involve malts that are made to meet our customers’ specifications on a custom basis. ~~The~~At ~~Company~~December ~~does~~31, ~~not~~2010, ~~expect~~our beer line included eight full-flavored, affordably-priced beers that are marketed under the “Qinglin,” “Qingyi” or “Qingyuan” trade names to ~~hire~~middle-class ~~any~~consumers ~~employees~~in ~~during~~second- and third-tier cities throughout northern and eastern China. Our malt and beer production facilities, which are located in Shandong Province in the ~~next~~PRC, 12have ~~months~~an aggregate annual malt processing capacity of approximately 120,000 metric tons, based upon two 8-hour shifts each working day, and an aggregate annual beer processing capacity of approximately 200,000 metric tons, based upon 20 hours each working day.

~~OFF~~We ~~BALANCE~~started ~~SHEET~~our ~~ARRANGEMENTS~~malt business in 2004, one year prior to the commencement of our beer business. Since the beer market has been robust in China, malt demand has increased in recent years. Shandong, the province in which our two VIEs are located, is the largest beer production province in the PRC. We believe most of middle- and small-sized breweries in China prefer to use the products of local malt manufacturers due to the lower transportation costs associated with such purchases. After several years of our marketing and sales efforts, we believe we have established strong relationships with many of our malt customers and have established a solid distribution network for our malt products. We intend to support and grow the existing market for our malt products through increased marketing and sales efforts in the provinces in which we currently sell such products and by commencing our marketing and sales efforts in neighboring provinces. We also intend to add new malt products to our malt product catalog to help our customers meet the rapidly-growing demand for alternative types of beers in the PRC and to give us a competitive advantage in the marketplace by offering alternative malt products that are not available from competitive malt suppliers. As we add new malt products, we may adjust our product offerings to reduce our investment in certain lower-profit malt products. We also intend to focus on improving our malt production processes in an effort to continue to improve our production quality controls and to reduce production costs.

~~None~~Our plan for growth of our beer segment targets the most underserved portion of the rapidly-growing Chinese middle class. While the newer high-end entrants to the beer market in the PRC and the importers focus on the largest cities in China, we are focused on the second and third-tier cities, as well as small towns that are within the Chinese industrial and technology zone and so are sharing in the growing prosperity of China. We believe the middle-class population of the smaller cities has recently been shifting their consumption pattern from drinking low-priced beer to affordably priced but higher-quality beer as a result of the recent increases in their disposable income. In many of these areas, our beers are among the few available beers that are crafted from top-quality raw materials using advanced brewing technology, while remaining priced at a level affordable for everyday consumption. We believe our wholesalers and distributors are generally pleased by our “alternative market” focus, as their marketing efforts can be more effective in areas in which they do not face the intense marketing pressure common in Beijing, Guangzhou and other major metropolitan areas.

~~ITEM~~While we started our beer business in 2005, it took us approximately two years to build up our branding in the market and, as a result, our production in commercial quantities only started in early 2007. Since we started producing beer in 2007, our beer production capacity has exceeded our bottling capacity, which has had an adverse impact on our ability to maximize our beer sales. As we mentioned above, our beer production facilities have been designed for a maximum production capacity of 200,000 metric tons per year, based upon 20 hours each working day and a seven-day work week. Our first bottling line commenced operation in February 2007 with an annual bottling capacity of 37,000 metric tons, assuming 10 working months per year, a 5-day work week and two 8-hour shifts per day. ~~FINANCIAL~~In ~~STATEMENTS~~January ~~AND~~2010, ~~SUPPLEMENTARY~~we ~~DATA~~added a second bottling line, which increased our annual bottling capacity to 83,000 metric tons and in October 2010, we added our first canning line, which increased our bottling capacity to 98,000 metric tons. Based upon the anticipated increase in our beer sales and product mix, we intend to continue to expand our bottling and canning capacity, and in 2011, we intend to add an additional beer bottling line to increase our bottling capacity to 160,000 metric tons.

~~REPORT~~Our OFrevenue ~~INDEPENDENT~~has ~~REGISTERED~~increased ~~PUBLIC~~significantly ~~ACCOUNTING~~in ~~FIRM~~recent years, from $8.0 million in 2008 to $52.3 million in 2010, which represented a compound annual revenue growth rate of 339% during 2010 and cumulative growth of 557% from 2008 to 2010. In 2010, sales of our malt products represented 65% and our beer products represented 35% of our net revenues compared to 75% and 25%, respectively, in 2009. In 2010, we produced 74,843 metric tons of malt products and 74,736 metric tons of beer products compared to 18,214 metric tons and 13,122 metric tons, respectively, in 2009. Over the next few years, we expect our revenue growth to be driven primarily by increases in sales of our beer products and that sales of our beer products will represent an increasing percentage of our net revenues during such periods. To increase our beer sales, we intend to expand our beer bottling and canning facilities and to consider acquisition opportunities in the beer industry to increase our beer production capacity and our annual yield to meet what we believe will be increasing customer demand for our products.

~~Michael~~Critical F.Accounting ~~Cronin~~Policies

~~Certified~~Our ~~Public~~discussion ~~Accountant~~and analysis of our financial condition and results of operations are based on our consolidated financial statements, which have been prepared in accordance with U.S. generally accepted accounting principles. Our consolidated financial statements include the financial statements of our company and our subsidiaries. All transactions and balances among our company and our subsidiaries have been eliminated upon consolidation. Certain amounts included in or affecting our consolidated financial statements and related disclosures must be estimated, requiring us to make certain assumptions with respect to values or conditions that cannot be known with certainty at the time the financial statements are prepared. These estimates and assumptions affect the amounts we report for assets and liabilities and our disclosure of contingent assets and liabilities at the date of our financial statements. We routinely evaluate these estimates, utilizing historical experience, consulting with experts and other methods we consider reasonable in the particular circumstances. Nevertheless, actual results may differ significantly from our estimates. Any effects on our business, financial position or results of operations resulting from revisions to these estimates are recorded in the period in which the facts that give rise to the revision become known.

~~Orlando~~Critical accounting policies are defined as those that are reflective of significant judgments, FLestimates ~~32708~~and uncertainties, and potentially result in materially different results under different assumptions and conditions. We believe the following are our critical accounting policies:

~~Board~~Principles of ~~Directors and Shareholders~~Consolidation

~~Sabre~~Pursuant ~~Industrial~~to Accounting Standards Codification Topic 810, ~~Inc~~“Consolidation”, Linyi Malt and Qingyuan Beer, as VIEs of Beijing Qingyuan, have been consolidated in our financial statements. Linyi Malt and Qingyuan Beer’s sales are included in our total sales,~~(f/k/a~~ their ~~Environmental~~income ~~Digital~~from ~~Services~~operations is consolidated with ours, ~~Inc~~and our net income includes all of Linyi Malt and Qingyuan Beer’s net income.)

~~West~~Based ~~Palm~~on ~~Beach~~the various contractual arrangements described in Item 1. “Business – Our History and Corporate Structure – Relationships with Tsingyuan Group and its Owners,” we ~~Florida~~are able to exercise control over the VIEs, and to obtain in full the economic benefits.

I have audited the accompanying balance sheets of Sabre Industrial, Inc., (f/k/a Environmental Digital Services, Inc.) as of March 31 2010 and 2009 and the related statements of operations, stockholders' deficiency and cash flows for the years then ended. The financial statements are the responsibility of the directors. My responsibility is to express an opinion on these financial statements based on my audits.

I conducted my audits in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that I plan and perform the audits to obtain reasonable assurance about whether the financial statements are free of material misstatement. The company is not required to have, nor was I engaged to perform, an audit of its internal control over financial reporting. My audit included consideration of internal control over financial reporting as a basis for designing audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Company's internal control over financial reporting. Accordingly, I express no such opinion. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. I believe that my audits provide a reasonable basis for my opinion.

In my opinion, the financial statements referred to above present fairly, in all material respects, the financial position of Sabre Industrial, Inc., (f/k/a Environmental Digital Services, Inc.) as of March 31, 2010 and 2009 and the results of its operations, its cash flows and changes in stockholders' deficiency for the years then ended in conformity with accounting principles generally accepted in the United States.

Discussed in the notes and effective March 31, 2007, the Company executed a plan of quasi-reorganization and restatement of accounts.

April 23, 2010

/s/ Michael F. Cronin Michael F. Cronin Certified Public Accountant NY, FL

~~Sabre~~Estimate ~~Industrial~~of the useful lives of property and equipment – We must estimate the useful lives and residual values of our property and equipment. We must also review property and equipment for possible impairment whenever events and circumstances indicate that the carrying value of those assets may not be recovered from the estimated future cash flows expected to result from their use and eventual disposition. We recognized no impairments in the years ended December 31, ~~Inc~~2010 and 2009.

~~(f/k/a~~Inventory ~~Environmental~~– ~~Digital~~We ~~Services~~value inventories at the lower of cost or market value. We determine the cost of inventories using the weighted average cost method and include any related production overhead costs incurred in bringing the inventories to their present location and condition. We must determine whether we have any excessive, ~~Inc~~slow moving, obsolete or impaired inventory.) We perform this review quarterly, which requires management to estimate the future demand of our products and market conditions. We make provisions on the value of inventories at period end equal to the difference between the cost and the estimated market value. If actual market conditions change, additional provisions may be required. In addition, we may write off some provisions if we later sell some of the subject inventory.

~~Balance~~Revenue ~~Sheet~~recognition – Revenue from the sale of goods is recognized on the transfer of risks and rewards of ownership, which generally coincides with the time when the goods are shipped to customers and the title has passed. We offer neither sales returns nor rebates to our customers, and our revenue reflects our actual sales.

	March 31,			March 31,
	2010			2009
Assets
Current assets
Cash	$	12,372		$	24,898
Prepaid expenses		0			0
Total current assets		12,372			24,898
Total Assets	$	12,372		$	24,898
Liabilities and Stockholders' Deficiency
Current liabilities:
Accounts payable-trade	$	16,747		$	16,622
Accrued expenses		0			0
Due to related parties		13,258			13,258
Total current liabilities		30,005			29,880
Stockholders' Deficiency:
Preferred "A" stock-10,000 issued & outstanding		25,000			25,000
Common stock-300,000,000 authorized $001 par value
758,386 shares issued & outstanding		758			758
Additional paid-in capital		106,644			82,644
Deficit accumulated since quasi reorganization March. 31, 2007		(150,035	)		(113,384	)
Total Stockholders' Deficiency		(17,633	)		(4,982	)
Total Liabilities & Stockholders' Deficiency	$	12,372		$	24,898

See “Note 2. Summary of Significant Accounting Policies” in “Item 8. Financial Statements and Supplementary Data” herein for a more complete discussion of the critical accounting policies and estimates adopted in this report.

~~See~~Results ~~Summary~~ of ~~Significant Accounting Policies and Notes to Financial Statements.~~Operations

In fiscal 2011, we intend to continue to focus on the implementation of our strategic plan to continue the growth we have experienced in the last three years. As discussed above, in 2010, we completed the expansion of our beer bottling capacity by adding our second complete bottling line and our first complete canning line. We are currently planning to construct an additional bottling line in 2011 that will increase our bottling capacity by 62,000 metric tons, an additional 63%. We also expect to continue to scale up operations and to develop new markets for our malt and beer products and to accelerate our revenue and profit growth. Specifically, for our beer segment, we plan to increase our sales force in an effort to reach untapped markets in provinces in which our beer products are not currently sold. For our malt segment, we plan to continue to increase sales primarily by continuing to strengthen our relationships with our existing customers in an effort to increase the size of their orders.

In fiscal 2011, we expect the demand for malt and full-flavored, medium-priced beer, and the results of our malt and beer segments of our business, to remain strong. Both the supply and the prices of the principal raw materials we use in the production of our products are expected to remain at their current levels. We anticipate that our gross profit margin could increase further due to our planned increase in our production capacity and the anticipated increase in certain of our beer sales prices during fiscal 2011. We also expect to increase our market share in the beer products segment in our target markets in fiscal 2011.

Comparison of Fiscal Years Ended December 31, 2010 and December 31, 2009

	Years Ended December 31,
	2010			2009

Revenues	$	52,303,074		$	11,919,013
Costs of goods sold	$	40,510,932		$	9,273,236
Gross profit	$	11,792,142		$	2,645,777
General and administrative expenses	$	569,295		$	307,092
Selling expenses	$	232,604		$	6,280
Interest expenses	$	(119,637	)	$	(893,090	)
Net income	$	8,253,784		$	1,675,972

~~Sabre~~Revenues. Revenues ~~Industrial~~for the year ended December 31, ~~Inc~~2010 were approximately $52.3 million, which represented an increase of approximately $40.4 million, or 338%, as compared to revenues of $11.9 million for the year ended December 31, 2009. The increase in revenues was primarily due to increased sales volume of our malt products. The price of our malt sold in 2010 did not increase as compared to that in 2009. The pricing of our malt products is based primarily on the pricing of its principal raw material, barley. Since our malt is manufactured based on our customers’ specifications, our customers may adjust their selection of barley in the event they see fluctuations in the prices of certain types of barley or the prices of barley grown in certain locations. The volume of malt we sold in 2010 increased significantly as a result of our long-term sales efforts in marketing and branding our malt products, which has enabled us to become the sole malt supplier to some of our customers. In addition, one of the first and largest malt manufacturers in Shandong province, Yantai Maiduoli Malt Co., which had an estimated annual production capacity of approximately 200,000 metric tons and had been in the malt business for over 20 years, was shut down by the Chinese government in the second quarter of 2010 due to a governmental urbanization project.

~~(f/k/a~~We ~~Environmental~~also ~~Digital~~experienced ~~Services~~increases in sales of our beer products resulting from the effects of our increased bottling capacity. As discussed above, ~~Inc~~in January 2010, we added our second complete bottling line, which increased our maximum bottling capacity from 37,000 metric tons to 83,000 metric tons per annum, and in October 2010, we added our first complete canning line, which further increased our bottling capacity to 98,000 metric tons.) The increase in our bottling capacity has allowed us to increase both the number of beer distributors to which we sell our beer products and the geographical reach of our target market for that segment. To a lesser extent, our beer revenues also increased in 2010 due to increased sales of higher priced beer products.

~~Statement~~Cost of ~~Operations~~Goods Sold and Gross Profit. Costs of goods sold increased from $9.27 million for the year ended December 31, 2009 to $40.5 million for the year ended December 31, 2010, which represented an increase of $31.2 million, or approximately 337%. The increase in cost of goods sold was primarily due to the corresponding increase in revenues. For the year ended December 31, 2010, our gross profit was approximately $11.8 million, which represented an increase of approximately 346% from $2.6 million for the year ended December 31, 2009. Our gross profit margin (gross profit divided by total sales revenue) was approximately 22.5% for the year ended December 31, 2010, as compared to 22.2% for the year ended December 31, 2009.

~~Years~~General ~~Ended~~and ~~March~~Administrative Expenses. For the year ended December 31, 2010, our general and administrative expenses increased by approximately $262,000 to $569,000, or by approximately 85%, as compared to $307,000 for the year ended December 31, 2009. As a percentage of revenues, general and administrative expenses decreased from 0.03% in fiscal 2009 to 0.01% in fiscal 2010, primarily due to the significant increase in our revenues during fiscal 2010. A significant increase in our general and administrative expenses in 2010 resulted from the additional expenses we are incurring as a publicly-traded company that is reporting under the U.S. federal securities laws. During the year ended December 31, 2010, we incurred approximately $223,950 in legal fees and accounting fees related to such matters. We had no such expenses in fiscal 2009.

	2010			2009
Revenue	$	0		$	0
Costs & Expenses:
General & administrative		36,651			38,719
Interest		0			0
Total Costs & Expenses		36,651			38,719
Loss from continuing operations before income taxes		(36,651	)		(38,719	)
Income taxes		0			0
Net Loss	$	(36,651	)	$	(38,719	)
Basic and diluted per share amounts:
Continuing operations	$	(0.05	)	$	(0.05	)
Basic and diluted net loss	$	(0.05	)	$	(0.05	)
Weighted average shares outstanding (basic & diluted)		758,386			758,386

Selling Expenses. Selling expenses increased from approximately $6,000 for the year ended December 31, 2009 to $233,000 for the year ended December 31, 2010, an increase of approximately $227,000. The increase in the amount of our selling expenses in 2010 was primarily the result of our new marketing strategy of providing free beer tastings and complimentary beers in conjunction with our beer sales efforts in order to assist our distributors in obtaining greater market share. Moreover, in 2010, we added ten sales persons in our beer segment and developed more distributors in the provinces adjoining Shandong province in 2010, which increased our salary, travel and social networking expenses.

~~See~~Interest ~~Summary~~Expense. Interest expense decreased approximately $773,000 in the year ended December 31, 2010 as compared to the year ended December 31, 2009. The difference in interest expense was primarily due to the repayments of ~~Significant~~short-term ~~Accounting~~bank ~~Policies~~loans in the second and ~~Notes~~third toquarters ~~Financial~~of ~~Statements~~2010.

Income Taxes. According to the PRC Corporate Income Tax Law, the corporate income tax rate applicable to our two VIEs, Linyi Malt and Qingyuan Beer, was 25% in fiscal 2010 and 2009. We believe the same tax rate will be applicable to our two VIEs in fiscal 2011.

~~Sabre~~Net ~~Industrial~~Income. Net income for the year ended December 31, ~~Inc~~2010 was approximately $8.3 million, as compared to net income of approximately $1.7 million for the year ended December 31, 2009. Basic net income per share was $0.07 and $0.01 for the years ended December 31, 2010 and 2009, respectively.

~~(f/k/a~~Segment ~~Environmental Digital Services, Inc.)~~Information

~~Statement~~We ofoperate ~~Cash~~in ~~Flows~~two business segments: malt products and beer products.

~~Years~~Our ~~Ended~~malt ~~March~~products 31segment is involved primarily in the production of malt from domestic barleys grown in the PRC and imported barleys from Australia, Canada and France. Our malt products segment markets its products domestically to brewers located in Hebei, Guangdong and Shandong provinces in the PRC. It also sells its products to Qingyuan Beer, a brewer that we control.

	2010			2009
Cash flows from operating activities:
Net Loss	$	(36,651	)	$	(38,719	)
Adjustments required to reconcile net loss to cash used in operating activities:
Fair value of services provided by related parties		24,000			34,000
Expenses paid by related parties		0			1,562
Increase (decrease) in accounts payable & accrued expenses		125			3,055
Cash used by operating activities:		(12,526	)		(102	)
Cash flows from financing activities:
Proceeds from issuance of preferred stock		0			25,000
Cash generated by financing activities		0			25,000
Change in cash		(12,526	)		24,898
Cash-beginning of period		24,898			0
Cash-end of period	$	12,372		$	24,898

Our beer product segment is involved primarily in the production of full-flavored, medium-priced beer. Our beer products are marketed under the “Qinglin,” “Qingyi” or “Qingyuan” trade names to middle-class consumers in second- and third-tier cities throughout northern and eastern China.

~~See~~The ~~Summary~~following oftables ~~Significant~~set ~~Accounting~~forth ~~Policies~~our revenues, sales in metric tons, operating income and ~~Notes~~production toin ~~Financial~~metric ~~Statements~~tons by segment for the fiscal years ended December 31, 2010 and 2009 and the percentage increases for each segment between fiscal periods.

	Sales by Segment (U.S. dollars in millions)
	Years Ended December 31,				Net Change		Percentage Change
	2010		2009		2010/2009		2010/2009
Malt Products	$	33.8	$	8.9	$	24.9		280	%
Beer Products		18.5		3.0		15.5		516	%
Total	$	52.3	$	11.9	$	40.4		342	%

	Sales by Segment (in metric tons)
	Year Ended December 31,				Net Change		Percentage Change
	2010		2009		2010/2009		2010/2009
Malt Products		71,534		17,568		53,966		307	%
Beer Products		74,914		13,401		61,513		459	%
Total		146,448		30,969		115,479		373	%

Sabre Industrial, Inc.

	Operating Income by Segment (U.S. dollars in millions)
	Year Ended December 31,				Change		Operating Margin Year Ended December 31,
	2010		2009		2010/2009		2010			2009
Malt Products	$	7.1	$	1.9	$	5.2		21.0	%		21.4	%
Beer Products		3.8		0.4		3.4		20.5	%		14.0	%
Total	$	10.9	$	2.3	$	8.6		20.8	%		19.6	%

(f/k/a Environmental Digital Services, Inc.)

	Production by Segment (in metric tons)
	Year Ended December 31,				Net Change		Percentage Change
	2010		2009		2010/2009		2010/2009
Malt Products		74,843		18,214		56,629		310	%
Beer Products		74,736		13,122		61,614		469	%
Total		149,579		31,336		118,243		377	%

~~Statement~~Liquidity ofand ~~Stockholders'~~Capital ~~Deficiency~~Resources

	Preferred Stock				Common Stock
	Shares		Amount		Shares		Common Stock		Additional paid-in capital		Subscriptions Receivable		Deficit Accumulated since quasi reorganization March 31, 2007
Balance at March 31, 2008						758,386		758		58,644		0		(74,665	)
Fair value of services provided by related party										24,000
Shares issued for cash		10,000		25,000
Net Loss														(38,719	)
Balance at March 31, 2009		10,000	$	25,000		758,386	$	758	$	82,644	$	0	$	(113,384	)
Fair value of services provided by related party										24,000
Net Loss														(36,651	)
Balance at March 31, 2010		10,000	$	25,000		758,386	$	758	$	106,644	$	0	$	(150,035	)

Our principal sources of liquidity include cash from operations and, in prior fiscal years, borrowings from local commercial banks. We believe that we have sufficient cash on hand and positive projected cash flow from operations to support our operating requirements and anticipated capital expenditures over the next 12 months, other than the construction of our new bottling line. To expand our operations, including our planned construction of an additional bottling line, we may seek additional financing, which may include additional equity financings. There can be no assurance that any additional financing will be available on acceptable terms, if at all. Any equity financing may result in dilution to existing stockholders and any debt financing may include restrictive covenants.

~~See~~As ~~Summary~~ of ~~Significant~~December ~~Accounting~~31, ~~Policies~~2010, cash and ~~Notes~~cash equivalents were $1.12 million, a decrease of $2.61 million as compared to ~~Financial~~the ~~Statements~~balance of $3.73 million at December 31, 2009.

Net cash provided by operating activities for the year ended December 31, 2010 was $4.82 million as compared to net cash provided by operating activities of $8.53 million for the year ended December 31, 2009, representing a decrease of $3.71 million. The decrease was mainly due to (i) an increase in accounts receivable and inventories of $2.0 million and $1.49 million, respectively, (ii) the decrease of $7.1 million in accounts payable and accrued expenses, and (iii) the increase in taxes payable of $2.76 million.

Net cash used in investing activities for the year December 31, 2010 was $0.98 million, as compared to $9.48 million used for the year ended December 31, 2009. The cash was mainly used in the purchase of property, plant and equipment and intangible assets in the year ended December 31, 2010 and 2009, respectively.

Net cash used in financing activities for the year ended December 31, 2010 was $6.54 million, as compared to $2.73 million provided by financing activities for the year ended December 31, 2009, which was mainly due to the repayment of our short-term loans from Chinese banks during fiscal 2010 and the repayment of related parties loans as described in Note 7 to our consolidated financial statements contained elsewhere in this report.

~~SABRE~~Off-Balance ~~INDUSTRIAL,~~Sheet ~~INC.~~Arrangements

~~(F/K/A~~Under ~~ENVIRONMENTAL~~SEC ~~DIGITAL~~regulations, ~~SERVICES~~we are required to disclose our off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on our financial condition, ~~INC~~such as changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources that are material to investors.) An off-balance sheet arrangement means a transaction, agreement or contractual arrangement to which any entity that is not consolidated with us is a party, under which we have:

~~BACKGROUND~~· ~~AND~~any obligation under certain guarantee contracts,

~~SIGNIFICANT~~· ~~ACCOUNTING~~any ~~POLICIES~~retained or contingent interest in assets transferred to an unconsolidated entity or similar arrangement that serves as credit, liquidity or market risk support to that entity for such assets,

~~March~~· 31any obligation under a contract that would be accounted for as a derivative instrument, ~~2010~~except that it is both indexed to our stock and classified in shareholder equity in our statement of financial position, and

~~The~~· ~~Company~~any obligation arising out of a material variable interest held by us in an unconsolidated entity that provides financing, liquidity, market risk or credit risk support to us, or engages in leasing, hedging or research and development services with us.

~~Organizational Background: Sabre Industrial, Inc., (the “~~We”; ~~“Company”~~do or "Sabre"), was originally incorporated on July 25, 1996 in Florida as Environmental Digital Services, Inc for the purpose of engaging in business as a provider of electronic monitoring hardware and Internet based processing for underground petroleum storage tanks. In August 2001, the State of Florida administratively dissolved us for not ~~maintaining~~have ~~proper~~any ~~filings~~off-balance ~~with~~sheet ~~the~~arrangements ~~state~~that ~~and not paying its franchise tax fees. On July 17, 2008~~ we ~~re-domiciled~~are required to ~~Delaware~~disclose ~~and~~pursuant ~~subsequently changed our name~~ to ~~Sabre~~these ~~Industrial, Inc~~regulations. ~~In 2004 we ceased operations and have not engaged in any material business operations since that time.~~

15th Judicial Circuit Palm Beach County, Florida Proceedings: On August 14, 2007, in its Court Order, the Circuit Court for the 15th Judicial Circuit in and for Palm Beach County, Florida granted the application of Century Capital Partners, LLC to appoint a receiver. The Court Order appointing Receiver empowered the receiver to evaluate our financial status, to determine whether there are any options for corporate viability that could benefit our shareholders, to reinstate our corporation with the Florida Secretary of State, and to obtain copies of our shareholder records from our transfer agent. Under the receivership, and with funds supplied by Century Capital Partners, the Company reinstated its corporate charter; paid all past due franchise taxes and settled all outstanding debts with the transfer agent. In addition, on October 1, 2007, the receiver, appointed Michael Anthony as our temporary sole Director, President, Secretary and Treasurer.

On October 1, 2007, following the submittal of detailed reports by the receiver, the Court discharged the receiver and returned the Company to the control of its Board of Directors.

Basis of Presentation: Effective March 31, 2007, the Company approved and authorized a plan of quasi reorganization and restatement of accounts to eliminate the accumulated deficit and related capital accounts on the Company’s balance sheet. The Company concluded its period of reorganization after reaching a settlement agreement with all of its significant creditors. The Company, as approved by its Board of Directors, elected to state its April 1, 2007, balance sheet as a “quasi reorganization”, pursuant to ARB 43. These rules require the revaluation of all assets and liabilities to their current values through a current charge to earnings and the elimination of any deficit in retained earnings by charging paid-in capital. From April 1, 2007 forward, the Company has recorded net income (and net losses) to retained earnings and (and net losses) to retained earnings and (accumulated deficit).

The accounts of any former subsidiaries were not included and have not been carried forward.

Significant Accounting Policies

Use of Estimates The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statement and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from the estimates.

Cash and Cash Equivalents: For financial statement presentation purposes, the Company considers those short-term, highly liquid investments with original maturities of three months or less to be cash or cash equivalents.

~~Property~~ITEM ~~and Equipment New property and equipment are recorded at cost~~7A. ~~Property~~QUANTITATIVE ~~and~~AND ~~equipment~~QUALITATIVE ~~included~~DISCLOSURES inABOUT ~~the~~MARKET ~~bankruptcy proceedings and transferred to the Trustee had been valued at liquidation value~~RISK. Depreciation is computed using the straight-line method over the estimated useful lives of the assets, generally 5 years. Expenditures for renewals and betterments are capitalized. Expenditures for minor items, repairs and maintenance are charged to operations as incurred. Gain or loss upon sale or retirement due to obsolescence is reflected in the operating results in the period the event takes place.

~~Valuation~~Not ofapplicable Long-Lived Assets: We review the recoverability of our long-lived assets including equipment, goodwill and other intangible assets, when events or changes in circumstances occur that indicate that the carrying value of the asset may not be recoverable. The assessment of possible impairment is based on our ability to ~~recover~~smaller ~~the~~reporting ~~carrying value of the asset from the expected future pre-tax cash flows (undiscounted and without interest charges) of the related operations~~companies. If these cash flows are less than the carrying value of such asset, an impairment loss is recognized for the difference between estimated fair value and carrying value. Our primary measure of fair value is based on discounted cash flows. The measurement of impairment requires management to make estimates of these cash flows related to long-lived assets, as well as other fair value determinations.

~~Stock~~ITEM ~~Based Compensation: Stock-based awards are accounted for using the fair value method in accordance with SFAS No~~8. ~~123R,~~ ~~Accounting~~FINANCIAL ~~for~~STATEMENTS ~~Stock-Based~~AND ~~Compensation,~~SUPPLEMENTARY ~~and EITF Issue No~~DATA. 96-18, Accounting for Equity Instruments that are Issued to Other Than Employees for Acquiring, or in Conjunction with Selling Goods or Services. Our primary type of share-based compensation consists of stock options. We use the Black-Scholes option pricing model in valuing options. The inputs for the valuation analysis of the options include the market value of the Company’s common stock, the estimated volatility of the Company’s common stock, the exercise price of the warrants and the risk free interest rate.

~~Accounting For Obligations And Instruments Potentially To Be Settled In~~ The ~~Company’s~~financial ~~Own~~statements ~~Stock:~~of Weour ~~account~~company ~~for~~required ~~obligations~~by ~~and~~this ~~instruments~~Item ~~potentially~~8 toare beset ~~settled~~forth inbeginning ~~the~~on ~~Company’s~~page ~~stock in accordance with EITF Issue No. 00~~F-~~19,~~1 ~~Accounting~~immediately ~~for~~following ~~Derivative Financial Instruments Indexed To, and Potentially Settled In a Company’s Own Stock. This issue addresses~~ the ~~initial~~signature ~~balance~~page ~~sheet classification and measurement of contracts that are indexed~~ to, ~~and~~this ~~potentially~~annual ~~settled in, the Company’s own stock~~report.

Fair Value of Financial Instruments: FASB ASC 825, “Financial Instruments,” requires entities to disclose the fair value of financial instruments, both assets and liabilities recognized and not recognized on the balance sheet, for which it is practicable to estimate fair value. FASB ASC 825 defines fair value of a financial instrument as the amount at which the instrument could be exchanged in a current transaction between willing parties. At March 31, 2010 and 2009, the carrying value of certain financial instruments (cash and cash equivalents, accounts payable and accrued expenses.) approximates fair value due to the short-term nature of the instruments or interest rates, which are comparable with current rates.

Earnings per Common Share: Basic net loss per share is computed using the weighted average number of common shares outstanding during the period. Diluted net loss per common share is computed using the weighted average number of common and dilutive equivalent shares outstanding during the period. Dilutive common equivalent shares consist of options to purchase common stock (only if those options are exercisable and at prices below the average share price for the period) and shares issueable upon the conversion of our Preferred Stock. Due to the net losses reported, dilutive common equivalent shares were excluded from the computation of diluted loss per share, as inclusion would be anti-dilutive for the periods presented. All per share disclosures retroactively reflect shares outstanding or issuable as though the reverse split had occurred March 31, 2008.

Income Taxes: We must make certain estimates and judgments in determining income tax expense for financial statement purposes. These estimates and judgments occur in the calculation of certain tax assets and liabilities, which arise from differences in the timing of recognition of revenue and expense for tax and financial statement purposes.

~~Deferred~~ITEM ~~income taxes are recorded in accordance with SFAS No~~9. ~~109,~~CHANGES ~~“Accounting~~IN ~~for~~AND ~~Income~~DISAGREEMENTS ~~Taxes,”~~WITH orACCOUNTANTS ~~SFAS~~ON ~~109.~~ACCOUNTING ~~Under~~AND ~~SFAS~~FINANCIAL NoDISCLOSURE. 109, deferred tax assets and liabilities are determined based on the differences between financial reporting and the tax basis of assets and liabilities using the tax rates and laws in effect when the differences are expected to reverse. SFAS 109 provides for the recognition of deferred tax assets if realization of such assets is more likely than not to occur. Realization of our net deferred tax assets is dependent upon our generating sufficient taxable income in future years in appropriate tax jurisdictions to realize benefit from the reversal of temporary differences and from net operating loss, or NOL, carryforwards. We have determined it more likely than not that these timing differences will not materialize and have provided a valuation allowance against substantially all of our net deferred tax asset. Management will continue to evaluate the realizability of the deferred tax asset and its related valuation allowance. If our assessment of the deferred tax assets or the corresponding valuation allowance were to change, we would record the related adjustment to income during the period in which we make the determination. Our tax rate may also vary based on our results and the mix of income or loss in domestic and foreign tax jurisdictions in which we operate.

~~In addition, the calculation of our tax liabilities involves dealing with uncertainties in the application of complex tax regulations~~None. We recognize liabilities for anticipated tax audit issues in the U.S. and other tax jurisdictions based on our estimate of whether, and to the extent to which, additional taxes will be due. If we ultimately determine that payment of these amounts is unnecessary, we will reverse the liability and recognize a tax benefit during the period in which we determine that the liability is no longer necessary. We will record an additional charge in our provision for taxes in the period in which we determine that the recorded tax liability is less than we expect the ultimate assessment to be.

~~The~~ITEM ~~Company accounts for income taxes in accordance with Statement of Financial Accounting Standards No~~9A. ~~109,~~CONTROLS ~~"Accounting~~AND for Income Taxes," ("SFAS 109") which requires recognition of estimated income taxes payable or refundable on income tax returns for the current year and for the estimated future tax effect attributable to temporary differences and carry-forwardsPROCEDURES. Measurement of deferred income tax is based on enacted tax laws including tax rates, with the measurement of deferred income tax assets being reduced by available tax benefits not expected to be realized.

~~Uncertain~~Evaluation ~~Tax~~of ~~Positions~~disclosure controls and procedures

~~The~~We ~~Financial~~conducted ~~Accounting~~an ~~Standards~~evaluation, ~~Board~~with ~~issued~~the ~~Interpretation~~participation ~~No.~~of ~~48,~~our ~~“Accounting~~Chief ~~for~~Executive ~~Uncertainty~~Officer inand ~~Income~~Chief ~~Taxes~~Financial –Officer, anof ~~interpretation~~the effectiveness of ~~FASB~~the ~~Statement~~design ~~No.~~and ~~109,~~operation ~~Accounting~~of ~~for~~our ~~Income~~disclosure ~~Taxes”~~controls ~~(“FIN~~and ~~No.~~procedures, ~~48”)~~as ~~which~~defined ~~was~~in ~~effective~~Rules ~~for~~13a-15(e) under the ~~Company~~Exchange ~~on January 1~~Act, ~~2007. FIN~~as ~~No.~~of 48December ~~addresses~~31, ~~the~~2010 ~~determination~~to ofensure ~~whether~~that ~~tax~~information ~~benefits~~required ~~claimed~~to orbe ~~expected~~disclosed toby beus ~~claimed~~in onthe areports ~~tax~~filed ~~return~~or ~~should~~submitted beby ~~recorded~~us inunder the ~~financial~~Exchange ~~statements. Under~~Act ~~FIN~~is ~~No.~~recorded, 48processed, ~~the~~summarized ~~Company~~and ~~may~~reported, ~~recognize~~within the ~~tax~~time ~~benefit~~periods ~~from~~specified anin ~~uncertain~~the ~~tax~~Securities ~~position~~and ~~only~~Exchange ifCommission’s itrules isand ~~more~~forms, ~~likely~~including ~~than~~to ~~not~~ensure that ~~the~~information ~~tax~~required ~~position~~to ~~will~~ be ~~sustained~~disclosed onby ~~examination~~us byin the ~~taxing~~reports ~~authorities~~filed ~~based~~or onsubmitted by us under the ~~technical~~Exchange ~~merits~~Act ofis ~~the~~accumulated ~~position. The~~and ~~tax~~communicated ~~benefits~~to ~~recognized~~our inmanagement, ~~the~~including our principal executive and principal financial ~~statements~~officers, ~~from~~or ~~such~~persons ~~position~~performing ~~should~~similar befunctions, ~~measured~~as ~~based~~appropriate onto ~~the~~allow ~~largest~~timely ~~benefit~~decisions ~~that~~regarding ~~has~~required adisclosure. ~~greater~~Based ~~than~~on ~~fifty~~that ~~percent~~evaluation, ~~likelihood~~our ofChief ~~being~~Executive ~~realized~~Officer ~~upon~~and ~~ultimate~~Chief ~~settlement. FIN~~Financial ~~No.~~Officer 48have ~~also~~concluded ~~provides~~that ~~guidance~~as onof ~~derecognition~~December 31, ~~classification~~2010, ~~interest~~our disclosure controls and ~~penalties,~~procedures ~~accounting~~were innot ~~interim~~effective ~~periods~~at ~~and~~the ~~disclosure~~reasonable ~~requirements~~assurance level due to the material weaknesses described below.

~~Our~~In ~~federal~~light ~~and~~of ~~state~~the ~~income~~material ~~tax~~weaknesses ~~returns~~described ~~are~~below, ~~open~~we ~~for~~performed ~~fiscal~~additional ~~years~~analysis ~~ending~~and onother orpost-closing ~~after~~procedures ~~March~~to ~~31,~~ensure ~~2007.~~our Wefinancial ~~are~~statements ~~not~~were ~~under~~prepared ~~examination~~in byaccordance ~~any~~with ~~jurisdiction~~generally ~~for~~accepted ~~any~~accounting ~~tax year~~principles. ~~At March 31~~Accordingly, ~~2010~~ we ~~had~~believe nothat ~~material~~the ~~unrecognized~~financial ~~tax~~statements ~~benefits~~included ~~and~~in nothis ~~adjustments~~report tofairly ~~liabilities~~present, orin all material respects, our financial condition, results of operations ~~were~~and ~~required~~cash ~~under~~flows ~~FIN 48~~for the periods presented.

A material weakness is a control deficiency (within the meaning of the Public Company Accounting Oversight Board (PCAOB) Auditing Standard No. 5) or combination of control deficiencies, such that there is a reasonable possibility that a material misstatement of the annual or interim financial statements will not be prevented or detected.

Management has previously identified a material weakness relating to our lack of sufficient personnel with the appropriate levels of knowledge, experience and training in the application of U.S. generally accepted accounting principles (“U.S. GAAP”), especially related to complicated accounting issues. This could cause us to be unable to fully identify and resolve certain accounting and disclosure issues that could lead to a failure to maintain effective controls over the preparation, review and approval of certain significant account reconciliation from Chinese GAAP to U.S. GAAP and necessary journal entries.

Management has also indentified a material weakness relating to the relatively small number of professionals employed by our company in bookkeeping and accounting functions, which prevents us from appropriately segregating duties within our internal control systems. The inadequate segregation of duties is a weakness because it could lead to the untimely identification and resolution of accounting and disclosure matters or could lead to a failure to perform timely and effective reviews.

These material weaknesses caused management to conclude that, as of December 31, 2010, our disclosure controls and procedures were not effective at the reasonable assurance level. Management is still in the process of remediating these material weaknesses.

~~Recent~~Management’s ~~Accounting~~annual ~~Pronouncements~~report on internal control over financial reporting

InOur ~~June~~management ~~2009,~~is ~~the~~responsible ~~FASB~~for ~~issued~~establishing ~~SFAS No. 168, The FASB Accounting Standards CodificationTM~~ and ~~the~~maintaining ~~Hierarchy~~adequate ofinternal ~~Generally~~control ~~Accepted~~over ~~Accounting~~financial ~~Principles~~reporting ~~(“SFAS~~to ~~168”).~~provide ~~SFAS~~reasonable ~~168~~assurance ~~establishes~~regarding the ~~FASB~~reliability ~~Accounting~~of ~~Standards~~our ~~CodificationTM~~financial ~~(the~~reporting ~~“Codification”)~~and as the ~~single~~preparation ~~source~~ of ~~authoritative~~financial ~~U.S.~~statements ~~GAAP~~for ~~recognized~~external bypurposes ~~the~~in ~~FASB~~accordance towith begenerally ~~applied~~accepted byaccounting ~~nongovernmental entities~~principles. Internal ~~Rules~~control ~~and~~over ~~interpretive~~financial ~~releases~~reporting ofincludes ~~the~~those ~~SEC~~policies ~~under~~and ~~authority~~procedures ofthat ~~federal~~(i) pertain ~~securities~~to ~~laws~~the ~~are~~maintenance ~~also sources~~ of ~~authoritative~~records ~~U.S.~~that ~~GAAP~~in ~~for~~reasonable ~~SEC~~detail ~~registrants.~~accurately ~~When~~and ~~effective,~~fairly reflect the ~~Codification~~transactions ~~will supersede all existing non-SEC accounting~~ and ~~reporting~~dispositions ~~standards.~~of ~~All~~the ~~other~~assets ~~non-grandfathered~~of ~~non-SEC~~our ~~accounting~~company; ~~literature~~(ii) provide ~~not~~reasonable ~~included~~assurance inthat ~~the~~transactions ~~Codification~~are ~~will~~recorded ~~become~~as ~~non-authoritative.~~necessary ~~Following~~to ~~SFAS~~permit ~~168,~~preparation ~~the~~of ~~FASB~~financial ~~will~~statements ~~not issue new standards~~ in ~~the~~accordance ~~form~~with ofgenerally ~~Statements,~~accepted ~~FASB~~accounting ~~Staff Positions~~principles, orand ~~Emerging~~that ~~Issues~~receipts ~~Task~~and ~~Force~~expenditures ~~Abstracts.~~of ~~Instead,~~ the ~~FASB~~company ~~will~~are ~~issue~~being ~~Accounting~~made ~~Standards Updates, which will serve~~ only ~~to:~~in ~~(a)~~accordance ~~update~~with ~~the~~authorizations ~~Codification;~~of ~~(b)~~our ~~provide~~management ~~background~~and ~~information about the guidance~~directors; and (ciii) provide ~~the~~reasonable ~~bases~~assurance ~~for~~regarding ~~conclusions~~prevention onor ~~the~~timely ~~change(s)~~detection inof ~~the~~unauthorized ~~Codification. SFAS 168 and the Codification are effective for financial statements issued for interim and annual periods ending after September 15~~acquisition, ~~2009.~~use ~~The~~or ~~Company~~disposition ~~has~~of ~~evaluated~~the ~~this~~company’s ~~new~~assets ~~statement and has determined~~ that itcould ~~will not~~ have a ~~significant~~material ~~impact~~effect on the ~~determination or reporting of its~~ financial ~~results~~statements.

InManagement ~~May~~assessed ~~2009,~~our ~~the~~internal ~~FASB~~control ~~issued~~over ~~SFAS~~financial ~~No. 165,~~reporting ~~Subsequent~~as ~~Events~~of ~~("SFAS 165").~~December ~~SFAS 165~~31, ~~establishes~~2010, ~~guidance~~the ~~related~~end toof ~~accounting~~our ~~for~~fiscal ~~and~~year. Management ~~disclosure~~based ofits ~~events~~assessment ~~that~~on ~~happen~~criteria ~~after~~established ~~the~~in ~~date~~Internal ofControl—Integrated ~~the~~Framework ~~balance~~issued ~~sheet~~by ~~but~~the ~~before~~Committee ~~the~~of ~~release~~Sponsoring Organizations of the ~~financial~~Treadway ~~statements~~Commission. Management’s ~~SFAS 165~~assessment isincluded ~~effective~~evaluation ~~for~~of ~~reporting~~such ~~periods~~elements ~~ending~~as ~~after~~the ~~June 15,~~design ~~2009.~~and ~~The~~operating ~~Company~~effectiveness ~~adopted~~of ~~SFAS 165~~key onfinancial ~~January 1~~reporting controls, ~~2010.~~process ~~SFAS 165~~documentation, ~~affects~~accounting ~~disclosures~~policies, ~~only~~and our overall control environment.

~~Management~~Based ~~does~~on ~~not~~our ~~anticipate~~assessment, management has concluded that our internal control over financial reporting was not effective, as of the ~~adoption~~end of ~~these~~the ~~standards~~fiscal ~~will~~year, ~~have~~to aprovide ~~material~~reasonable ~~impact~~assurance onregarding the reliability of financial reporting and the preparation of financial statements for external reporting purposes in accordance with generally accepted accounting principles. Management determined that there existed a material weakness relating to (i) our lack of sufficient personnel with the appropriate levels of knowledge, experience and training in the application of U.S. GAAP standards necessary for an effective system of internal control and (ii) the relatively small number of professionals employed in bookkeeping and accounting functions, which prevents us from appropriately segregating duties within our internal control systems.

As a smaller reporting company, management’s report is not subject to attestation by our independent registered public accounting firm.

Remediation plan for material weaknesses in internal control over financial reporting

Based on the control deficiencies identified above, we have designed and plan to implement, or in some cases have already implemented, the specific remediation initiatives described below. Many of these measures are entity-level in nature and we believe that the organizational and process changes we have and intend to adopt will improve our internal controls and governance environment. Management recognizes that many of these enhancements require continual monitoring and evaluation for effectiveness that we are in the process of doing and committed to continuing. The development of these actions is an iterative process and will evolve as we continue to evaluate and improve our internal controls over financial reporting.

We are evaluating the roles of our existing accounting personnel in an effort to realign the reporting structure of our internal auditing staff in China that will test and monitor the implementation of our accounting and internal control procedures.

We will begin implementation of an initiative and training in China to ensure that the importance of internal controls and compliance with established policies and procedures is fully understood throughout the organization and will provide additional U.S. GAAP training to all employees involved with the performance of or compliance with those procedures and policies.

We will increase our accounting and financing personnel resources by retaining more U.S. GAAP knowledgeable financial professionals.

~~SABRE~~These ~~INDUSTRIAL~~remediation efforts are designed to address the material weaknesses identified above and to improve and strengthen our overall control environment. We believe these actions will substantially decrease the possibility of the occurrence of errors in our financial statements and minimize the chances that the material weaknesses will reoccur. Our management, ~~INC~~including our Chief Executive Officer and Chief Financial Officer, does not expect that disclosure controls or internal controls over financial reporting will prevent all errors, even as the aforementioned remediation measures are implemented and further improved to address any potential future deficiencies. The design of any system of controls is based in part upon certain assumptions about the likelihood of future events, and there can be no assurance that any design will succeed in achieving its stated goals under all potential future conditions.

~~(F/K/A~~The ~~ENVIRONMENTAL~~implementation ~~DIGITAL~~of ~~SERVICES~~our remediation plan will require substantial expenditures, ~~INC~~could take a significant period of time to complete, and could distract our officers and employees from the operation of our business.)

~~NOTES~~Changes TOin ~~FINANCIAL~~internal ~~STATEMENTS~~control over financial reporting

There has been no change in our internal control over financial reporting, as defined in ~~March~~Rules 13a-15(f) of the Exchange Act, during our most recent fiscal quarter ended December 31, 2010, that has materially affected, or is reasonably likely to materially affect, our internal control over financial reporting.

1ITEM 9B. ~~Recent~~ ~~Court~~OTHER ~~Proceedings:~~INFORMATION.

On August 14, 2007, in its Court Order, the Circuit Court for the 15th Judicial Circuit in and for Palm Beach County, Florida granted the application of Century Capital Partners, LLC to appoint a receiverNone. ~~On October 1, 2007, following the submittal of detailed reports by the receiver the Court discharged the receiver and returned the Company to the control of its Board of Directors.~~

On March 28, 2008 after proper notice to all shareholders, the Company held an annual meeting for the purposes of the election of directors. At the meeting, Michael Anthony was elected the sole Director. Immediately following the shareholder meeting, Michael Anthony was appointed President, Secretary and Treasurer.

Resultant Change in Control: In connection with the Order and subsequent shareholder meeting, Michael Anthony became our sole director and President on March 28, 2008.

In exchange for an aggregate capital investment of approximately $8,700 by Century Capital Partners and Corporate Services International, Inc. on January 23 2008 we issued 133,333 common shares to Century Capital Partners and 17,307 common shares to Corporate Services International, Inc. representing approximately 25.96% of our common stock outstanding on that date. The funds were used to pay ongoing administrative expenses, including but not limited to, outstanding transfer agent fees, state reinstatement and filing fees and all costs associated with conducting the shareholders meeting.

Mr. Anthony is the managing member of Century Capital partners and has sole voting and dispositive control. Corporate Services International is a company in which our director, Michael Anthony, is a controlling shareholder.

2. Income Taxes:

We have adopted SFAS 109 which provides for the recognition of a deferred tax asset based upon the value the loss carry-forwards will have to reduce future income taxes and management's estimate of the probability of the realization of these tax benefits. Our net operating loss carryovers incurred prior to 2005 considered available to reduce future income taxes were reduced or eliminated through our recent change of control (I.R.C. Section 382(a)) and the continuity of business limitation of I.R.C. Section 382(c).

We have a current operating loss carry-forward of $ 7,800 resulting in deferred tax assets of $2,700. We have determined it more likely than not that these timing differences will not materialize and have provided a valuation allowance against substantially all our net deferred tax asset.

Future utilization of currently generated federal and state NOL and tax credit carry forwards may be subject to a substantial annual limitation due to the ownership change limitations provided by the Internal Revenue Code of 1986, as amended and similar state provisions. The annual limitation may result in the expiration of NOL and tax credit carry-forwards before full utilization.

3. Commitments:

The Company is not a party to any leases and does not have any commitments

4. Stockholders' Equity:

Reverse Stock Split

On February 18, 2010 we declared a reverse split of our common stock. The formula provided that every seventy-five (75) issued and outstanding shares of common stock of the Corporation be automatically split into 1 share of common stock. Any resulting share ownership interest of fractional shares was rounded up to the first whole integer in such a manner that all rounding was done to the next single share and each and every shareholder would own at least 100 shares. The reverse stock split was effective March 26, 2010 for holders of record as of that date. Except as otherwise noted, all share, option and warrant numbers have been restated to give retroactive effect to this reverse split. All per share disclosures retroactively reflect shares outstanding or issuable as though the reverse split had occurred March 31, 2008.

Common Stock

We are currently authorized to issue up to 300,000,000 shares of $ 0.001 par value common stock. All issued shares of common stock are entitled to vote on a 1 share/1 vote basis.

January 23, 2008, in exchange for approximately $12,000 of combined capital investments by Century Capital Partners and Corporate Services International, we issued 150,641 shares of restricted $.001 par value common stock . Mr. Anthony is the managing member of CCP and has sole voting and dispositive control and is a controlling shareholder of Corporate Services International.

~~Preferred~~PART ~~Stock~~III

WeITEM ~~are currently authorized to issue up to~~ 10~~,000,000 shares of $ 0~~.~~001~~ ~~preferred stock. Effective April 1~~DIRECTORS, ~~2007~~EXECUTIVE the board of directors approved the cancellation of all previously issued preferred shares and approved the cancellation and extinguishment of all common and preferred share conversion rights of any kindOFFICERS, ~~including~~PROMOTERS ~~without~~AND ~~limitation,~~CONTROL ~~warrants,~~PERSONS; ~~options,~~COMPLIANCE ~~convertible~~WITH ~~debt~~SECTION ~~instruments~~16(a) ~~and~~OF ~~convertible~~THE ~~preferred~~EXCHANGE ~~stock of every series and accompanying conversion rights of any kind~~ACT.

OnOfficers ~~April~~and 11 2008 we designated 10,000 shares of Series “A” preferred stock. The Series “A” allows voting rights in a ratio of 1:10,000 over the common. Each share of the Series A is convertible in to 10,000 shares of common at the discretion of the holder. Directors

OnThe ~~May~~following ~~15,~~table ~~2008,~~sets ~~Corporate~~forth ~~Services~~information ~~International,~~as ~~Inc. agreed to contribute $25,000 in exchange for 10,000 shares~~ of the ~~Series~~date ~~“A”~~of ~~preferred~~this ~~stock.~~report Wewith ~~have~~respect ~~agreed~~ to ~~use these funds to pay the costs and expenses necessary to revive~~ our ~~business~~directors and ~~implement~~executive ~~the Company’s business plan~~officers. Such expenses include, fees to redomicile the Company to the state of Delaware; payment of state filing fees; transfer agent fees; calling and holding a shareholder’s meeting; accounting and legal fees; and costs associated with preparing and filing this Registration Statement, etc.

Corporate Services International, Inc. is a business consulting company of which Michael Anthony is the sole shareholder, officer and director.There are no employee or non-employee option grants.

Name	Age	Position

Dingyou Zhang	44	Chairman, Chief Executive Officer

Dingfu Zhang	58	Chief Operating Officer and Director

Mingxia Yuan	31	Chief Financial Officer and Director

5Dingyou Zhang. In ~~Related~~2004 ~~Party~~Mr. ~~Transactions~~Zhang ~~not~~organized ~~Disclosed~~Linyi ~~Elsewhere:~~Malt, where he has since been employed as Legal Representative and Chief Executive Officer. Mr. Zhang also fills those roles for Qingyuan Beer. In 2000, Mr. Zhang organized the Linyi Hengchang Industrial and Trading Co., Limited, which became the highest earning company in the Linyi Hengchang Industrial District. Previously Mr. Zhang was employed for eight years as General Manager of Shandong Xinwen Mineral Bureau. Mr. Zhang is a member of the Linyi County Standing Committee of the Dezhou Business Committee. Mr. Zhang has a law degree from the Shandong Governmental Law School and attended executive training programs at Tsinghua University School of Business, Beijing. Dingyou Zhang is the brother of Dingfu Zhang, a member of our Board of Directors. We believe Mr. Zhang’s extensive business experience and role as the founder of Linyi Malt make him ideally suited to serve as our Chairman.

~~Due~~Dingfu ~~Related~~Zhang. Mr. ~~Parties:~~Zhang ~~Amounts~~has ~~due~~been ~~related~~employed ~~parties~~by ~~consist~~Linyi ofMalt ~~corporate~~as ~~reinstatement~~Manager ~~expenses~~since ~~paid~~it was organized in 2004. From 2001 to 2004 Mr. Zhang was employed as Workshop Manager by ~~affiliates~~Linyi ~~prior~~Hengchang Industrial and Trading Co., Limited, where he was responsible for employee training and quality control and safety. From 1999 to ~~the~~2001, ~~establishment~~Mr. ofZhang was employed as Operations Manager by Muping Fenghe Fuel Co. In total, Mr. Zhang has 34 years experience in business management. He is a ~~bank~~graduate ~~account~~of Linyi Sales and Supply College. ~~Such~~Dingfu ~~items~~Zhang ~~totaled~~is ~~$3,258~~the atbrother ~~March~~of 31Dingyou Zhang, ~~2010~~the Chairman of the Company. We believe Mr. Zhang’s experience in management and ~~2009~~his ~~respectively~~experience with Linyi Malt since its formation qualify him to serve as a director of our company.

~~Fair~~Mingxia ~~value~~Yuan. Ms. ofYuan ~~services:~~has ~~The~~been ~~principal~~employed ~~stockholder~~as ~~provided,~~Chief ~~without~~Financial ~~cost~~Officer toof ~~the~~Qingyuan ~~Company,~~Beer ~~his~~since ~~services,~~2007. From ~~valued~~2004 atto $12007,~~800~~ ~~per~~Ms. ~~month~~Yuan ~~which~~was ~~totaled~~employed ~~$21,600~~by ~~respectively~~Linyi ~~for~~Malt ~~the~~as ~~years~~senior ~~2010~~Accounting ~~and~~Manager. ~~2009~~Ms. ~~The~~Yuan ~~principal~~is ~~stockholder also~~a ~~provided,~~graduate ~~without~~of ~~cost~~Jinan toUniversity ~~the~~with ~~Company,~~a ~~office~~degree ~~space~~in ~~valued~~accounting. We atbelieve ~~$200~~Ms. ~~per~~Yuan’s ~~month,~~experience ~~which~~in ~~totaled~~accounting ~~$2,400~~is ~~for~~an ~~the~~asset ~~twelve-month~~to ~~periods~~our ~~ended~~board ~~March~~of 31directors, ~~2010~~ and ~~2009.~~along ~~The~~with ~~total~~her ofprior ~~these~~experience ~~expenses~~with ofour ~~$24~~company,~~000~~ ~~for~~qualifies ~~each~~her ~~year~~to ~~and~~serve ~~was reflected in the statement of operations~~ as ~~general and administrative expenses with~~ a ~~corresponding contribution of paid-in capital~~director.

~~Legal~~Directors ~~services~~will ~~provided~~serve tountil ~~the~~our ~~company~~next byannual ~~Laura~~meeting, ~~Anthony~~or ~~through~~until ~~Legal~~their &successors ~~Compliance,~~are ~~LLC~~duly ~~(Michael~~elected ~~Anthony’s~~and ~~spouse)~~qualified. ~~were~~Officers ~~valued~~serve at ~~$10,000~~the ~~andwas~~pleasure ~~unpaid~~of atthe ~~March 31, 2010~~Board.

Family Relationships

There are no family relationships among our directors or executive officers listed above except that Mr. Dingyou Zhang and Mr. Dingfu Zhang are brothers.

~~ITEM~~Director ~~9. CHANGES~~or INOfficer ~~AND~~Involvement ~~DISAGREEMENTS~~in ~~WITH~~Certain ~~ACCOUNTANTS~~Legal ~~ON ACCOUNTING AND FINANCIAL DISCLOSURE~~Proceedings

InTo ~~its~~our ~~two~~knowledge, ~~most~~our ~~recent~~current ~~fiscal~~directors ~~years~~and orexecutive officers were not involved in any ~~later~~legal ~~interim~~proceedings ~~period,~~as ~~the~~described ~~Company~~in ~~has~~Item ~~had~~401(f) noof ~~disagreements~~Regulation ~~with~~S-K ~~its~~in ~~independent~~the ~~accountants~~past ten years.

~~ITEM 9A~~Section 16(Ta)~~. CONTROLS~~ ~~AND~~Beneficial ~~PROCEDURES~~Ownership Reporting Compliance

~~EVALUATION~~Section 16(a) OFof ~~DISCLOSURE~~the ~~CONTROLS~~Securities ~~AND~~Exchange ~~PROCEDURES~~Act of 1934, as amended, requires the Company’s directors, executive officers and persons who own more than 10% of the Company’s Common Stock to file reports of ownership and changes in ownership on Forms 3, 4 and 5 with the SEC. Directors, executive officers and greater than 10% stockholders are required by SEC rules to furnish the Company with copies of Section 16(a) forms they file. Based upon a review of the filings made on their behalf during the fiscal year ended December 31, 2010, as well as an examination of the SEC’s EDGAR system Form 3, 4, and 5 filings and the Company’s records, the following table sets forth exceptions to timely filings:

It is the responsibility of the chief executive officer and chief financial officer of Sabre Industrial, Inc. to establish and maintain a system for internal controls over financial reporting such that Sabre Industrial, Inc. properly reports and files all matters required to be disclosed by the Securities Exchange Act of 1934 (the “Exchange Act”). Michael Anthony is the Company’s chief executive officer and chief financial officer. The Company's system is designed so that information is retained by the Company and relayed to counsel as and when it becomes available. As the Company is a shell company with no or nominal business operations, Mr. Anthony immediately becomes aware of matters that would require disclosure under the Exchange Act. After conducting an evaluation of the effectiveness of the design and operation of the Company's disclosure controls and procedures as of March 31, 2010, he has concluded that the Company's disclosure controls and procedures were effective to ensure that information required to be disclosed by it in its reports filed or submitted under the Exchange Act is recorded, processed summarized and reported within the time periods specified in the rules and forms of the Securities and Exchange Commission (the "SEC").

Name		Reporting Event

Dingyou Zhang		On September 24, 2010, Dingyou Zhang acquired 46,820,000 shares of common stock in the Share Exchange. A Form 4 was not filed.

Dingfu Zhang		On September 24, 2010, Dingfu Zhang became an officer and director of our company and acquired 5,520,130 shares of common stock in the Share Exchange. A Form 3 was not filed.

Mingxia Yuan		On September 24, 2010, Mingxia Yuan became an officer and director of our company and acquired 5,520,130 shares of common stock in the Share Exchange. A Form 3 was not filed.

Code of Ethics

We have not yet adopted a Code of Ethics for our executive officers. We intend to adopt a Code of Ethics applying to such persons during the fiscal year ending December 31, 2011.

Audit Committee

We have not yet appointed an audit committee. Our board of directors currently acts as our audit committee. At the present time, we believe that the members of our board of directors are collectively capable of analyzing and evaluating our financial statements and understanding internal controls and procedures for financial reporting. As of the date of this report and since our recent consummation of our reverse merger, we do not have an “audit committee financial expert” as that term is defined in Item 407 of Regulation S-K due to the consummation of our recent reverse merger was quite recent; however, we are in the process of searching for qualified independent directors to join our board of directors, at least one of which will be an audit committee financial expert.

ITEM 11. EXECUTIVE COMPENSATION

We strive to provide our named executive officers (as defined in Item 402 of Regulation S-K) with a competitive base salary that is in line with their roles and responsibilities when compared to peer companies of comparable size in similar locations.

~~This~~It ~~annual~~is ~~report does~~ not ~~include~~uncommon anfor ~~attestation~~PRC ~~report~~private ofcompanies ~~the~~in ~~Company’s~~northeastern ~~registered~~China ~~public~~to ~~accounting~~have ~~firm~~base ~~regarding~~salaries ~~internal~~as ~~control~~the ~~over~~sole ~~financial~~form ~~reporting~~of compensation. ~~Management’s~~The ~~report~~base ~~was~~salary ~~not~~level ~~subject~~is toestablished ~~attestation~~and byreviewed ~~the~~based ~~Company’s~~on ~~registered~~the ~~public~~level ~~accounting~~of ~~firm~~responsibilities, ~~pursuant~~the toexperience ~~temporary~~and ~~rules~~tenure of the ~~Securities~~individual and ~~Exchange~~the ~~Commission~~current ~~that~~and ~~permit~~potential contributions of the ~~Company~~individual. The base salary is compared to ~~provide~~the ~~only~~list ~~management~~of similar positions within comparable peer companies and consideration is given to the executive’s ~~report~~relative experience in ~~this~~his ~~quarterly~~or ~~report~~her position. Base salaries are reviewed periodically and at the time of promotion or other changes in responsibilities.

~~There~~We ~~were~~plan noto ~~significant~~implement ~~changes~~a inmore ~~the~~comprehensive ~~Company's~~compensation ~~internal~~program, ~~controls~~which ortakes ininto account other ~~factors~~elements ~~that~~of ~~could~~compensation, ~~significantly~~including, ~~affect~~without ~~these~~limitation, ~~controls~~short ~~subsequent~~and tolong ~~that~~term ~~evaluation~~compensation, cash and ~~there~~non-cash, ~~were~~and noother ~~significant~~equity-based ~~deficiencies~~compensation orsuch ~~material~~as ~~weaknesses~~stock inoptions. ~~such~~We ~~controls~~expect ~~requiring~~that ~~corrective~~this ~~actions~~compensation program will be comparable to the programs of our peer companies and aimed to retain and attract talented individuals.

~~Evaluation~~Summary of ~~and~~Executive ~~Report on Internal Control over Financial Reporting~~Compensation

The ~~management~~following ~~of the Registrant~~ is ~~responsible~~a ~~for~~summary ~~establishing~~of ~~and~~the ~~maintaining~~compensation ~~adequate~~we ~~internal~~paid ~~control~~to ~~over~~each ~~financial~~person ~~reporting.~~serving ~~Internal control over financial reporting is defined in Rule 13a-15(f) or 15d-15(f) promulgated under the Securities Exchange Act of 1934~~ as aour ~~process designed by, or under the supervision of, the company’s~~ principal executive officer and principal financial ~~officers~~officer ~~and~~during ~~effected by~~ the ~~company’s~~fiscal ~~board~~years ofended ~~directors~~December 31, ~~management~~20010 and ~~other personnel~~2009, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with accounting principles generally accepted in the United States of America and includes those policies and procedures that: respectively.

− Pertain to the maintenance of records that in reasonable detail accurately and fairly reflect the transactions and dispositions of the assets of the company; − Provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with accounting principles generally accepted in the United States of America and that receipts and expenditures of the company are being made only in accordance with authorizations of management and directors of the company; and − Provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of the company’s assets that could have a material effect on the financial statements.

Name and Principal Position	Fiscal Year	Salary ($)		Bonus ($)		Stock Awards ($)		Option Awards ($)		Non-equity Incentive Plan Compensation ($)		Change in Pension Value and Nonqualified Deferred Compensation Earnings ($)		All Other Compensation ($)		Total ($)
Dingyou Zhang(1)	2010	$	75,861		0		0		0		0		0		0	$	75,861
(Chairman and Chief Executive Officer )	2009	$	29,300		0		0		0		0		0		0	$	29,300

Mingxia Yuan(2)	2010	$	45,517		0		0		0		0		0		0	$	45,517
(Chief Financial Officer)	2009	$	14,650		0		0		0		0		0		0	$	14,650

Dingfu Zhang(3)	2010	$	45,517		0		0		0		0		0		0	$	45,517
(Chief Operating Officer )	2009	$	14,650		0		0		0		0		0		0	$	14,650

Michael Anthony(4)	2010	$	0		0		0		0		0		0		0	$	0
(Former Chief Executive Officer, President, Secretary and Treasurer)	2009	$	0		0		0		0		0		0		0	$	0

Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate. All internal control systems, no matter how well designed, have inherent limitations. Therefore, even those systems determined to be effective can provide only reasonable assurance with respect to financial statement preparation and presentation. Because of the inherent limitations of internal control, there is a risk that material misstatements may not be prevented or detected on a timely basis by internal control over financial reporting. However, these inherent limitations are known features of the financial reporting process. Therefore, it is possible to design into the process safeguards to reduce, though not eliminate, this risk.

Management assessed the effectiveness of the Company’s internal control over financial reporting as of March 31, 2010. In making this assessment, management used the criteria set forth by the Committee of Sponsoring Organizations of the Treadway Commission in Internal Control-Integrated Framework.

Based on its assessment, management concluded that, as of March 31, 2010, the Company’s internal control over financial reporting is effective based on those criteria.

~~This~~(1) ~~quarterly~~Mr. ~~report~~Dingyou ~~does~~Zhang’s ~~not~~salary ~~include~~for anthe ~~attestation~~fiscal ~~report~~years ofended ~~the~~December ~~Company’s~~31, ~~registered~~2010 ~~accounting~~and ~~firm~~2009 ~~regarding~~was ~~internal~~RMB500,000 ~~control~~and ~~over~~RMB200,000, ~~financial~~respectively. ~~reporting~~The difference in U. ~~Management’s~~S. ~~report~~dollars isin ~~not~~the ~~subject~~table toabove ~~attestation~~is bydue to the ~~Company’s~~difference ~~registered~~in ~~public~~foreign ~~accounting~~currency ~~firm~~rates ~~pursuant~~of RMB6.591 to ~~temporary~~$1.00 ~~rules~~as of ~~the~~December ~~Securities~~31, 2010 and ~~Exchange~~RMB6.8259 ~~Commission~~to ~~that~~$1.00 ~~permit~~as ~~the~~of ~~Company~~December 31, 2009. Prior to ~~provide~~September ~~only~~24, ~~management~~2010, the date we entered into the Share Exchange Agreement, Mr. Dingyou Zhang’s ~~report~~salaries inindicated ~~this~~above ~~annual~~were ~~report~~as paid by both Qingyuan Beer and Linyi Malt.

~~Changes~~(2) Ms. Mingxia Yuan’s salary for the fiscal years ended December 31, 2010 and 2009 was RMB300,000 and RMB100,000 respectively. The difference in ~~Internal~~U.S. ~~Control~~dollars ~~over~~in ~~Financial~~the ~~Reporting~~table above is due to the difference in foreign currency rates of RMB6.591 to $1.00 as of December 31, 2010 and RMB6.8259 to $1.00 as of December 31, 2009. Prior to September 24, 2010, the date we entered into the Share Exchange Agreement, Ms. Yuan’s salaries indicated above were paid by Qingyuan Beer.

~~There~~(3) ~~was~~Mr. noDingfu ~~change~~Zhang’s insalary ~~our~~for ~~internal~~the ~~controls~~fiscal ~~over~~years ~~financial~~ended ~~reporting~~December ~~identified~~31, 2010 and 2009 was RMB300,000 and RMB100,000 respectively. The difference in ~~connection~~U.S. ~~with~~dollars in the ~~requisite~~table ~~evaluation~~above ~~that~~is ~~occurred~~due ~~during~~to ~~our~~the ~~last~~difference ~~fiscal~~in ~~year~~foreign ~~that~~currency ~~has~~rates ~~materially~~of ~~affected~~RMB6.591 to $1.00 as of December 31, or2010 isand ~~reasonably~~RMB6.8259 ~~likely~~to $1.00 as of December 31, 2009. Prior to ~~materially~~September ~~affect~~24, ~~our~~2010, ~~internal~~the ~~control~~date ~~over~~we ~~financial~~entered ~~reporting~~into the Share Exchange Agreement, Mr. Dingfu Zhang’s salaries indicated above were paid by Linyi Malt.

~~ITEM~~(4) 9BMr. ~~OTHER~~ ~~INFORMATION~~Michael Anthony served as our Chief Executive Officer, President, Secretary and Treasurer until September 13, 2010.

~~None.~~Narrative Disclosure to Summary Compensation Table

~~PART~~As ~~III~~of December 31, 2010, we had not entered into any employment agreements with our named executive officers.

~~ITEM~~Outstanding ~~10. DIRECTORS,~~Equity ~~EXECUTIVE~~Awards ~~OFFICERS~~At ~~AND~~Fiscal ~~CORPORATE GOVERNANCE~~Year-End

~~The~~As ~~following~~of ~~table~~December ~~sets~~31, ~~forth the name~~2010, ~~age~~there ~~and~~were ~~position~~no ~~held~~outstanding ~~with~~equity ~~respect~~awards to ~~our~~any ~~present~~of ~~directors~~our ~~and~~named executive officers: or directors.

Name	Age	Position	Executive Officer And Director Since
Michael Anthony	44	Chief Executive Officer, President, Secretary, Treasurer, Director	October 1, 2007

Compensation of Directors

~~Our~~We ~~directors~~did ~~are elected to serve until the next annual meeting of shareholders and until their respective successors will have been elected and will have qualified. Officers are~~ not ~~elected~~compensate ~~for~~any ~~a fixed term~~ of ~~office~~our ~~but~~directors ~~hold~~in ~~office~~the ~~until~~fiscal ~~their~~year ~~successors~~ended ~~have~~December ~~been~~31, ~~elected~~2010. ~~Mr. Anthony is not a party to any arrangement or understanding pursuant to which he was or is to be elected as a director.~~

~~Mr.~~As ~~Anthony, age 44, has been an officer and director~~ of the ~~Company~~date ~~since October 1, 2007. Mr. Anthony is the sole officer and director~~ of ~~Corporate~~this ~~Services International~~report, ~~Inc.~~we ~~and~~have isno ~~the~~formal ~~sole~~or ~~member~~informal ofarrangements ~~Century~~or ~~Capital~~agreements ~~Partners, LLC. Mr. Anthony utilizes both entities~~ to ~~conduct~~compensate ~~business~~our ~~affairs,~~directors ~~including,~~for ~~but~~services ~~not~~they ~~limited~~provide ~~to, making capital investments in corporate entities such~~ as ~~Sabre Industrial and offering consulting services and advise to corporate entities~~directors.

InITEM ~~addition, since November 2004, Mr~~12. ~~Anthony~~SECURITY ~~has~~OWNERSHIP ~~been~~OF ~~President~~CERTAIN ~~and~~BENEFICIAL ~~CEO~~OWNERS ofAND ~~Union~~MANAGEMENTAND ~~Equity,~~RELATED ~~Inc.~~STOCKHOLDERS ~~and its wholly owned subsidiary Home Sales 24/7, Inc. Union Equity, Inc. is an Internet based real estate marketing firm and holding company.~~MATTERS

The following table sets forth as of March 24, 2011, the number of shares of our common stock beneficially owned by (i) each person who is known by us to be the beneficial owner of more than five percent of our outstanding common stock, (ii) each director, (iii) each executive officer and (iv) all directors and executive officers as a group. Unless otherwise indicated, the stockholders listed in the table have sole voting and investment power with respect to the shares indicated.

On or about July 15, 2005 Mr. Anthony became an officer and director of Ubrandit.com, Inc. a reporting blank check company and resigned his position on October 31, 2006. On or about July 30, 2006 Mr. Anthony became an officer and director of Standard Commerce, Inc. a reporting blank check company and resigned his position on August 24, 2007. On or about March 15, 2007, Mr. Anthony became an officer and director Apogee Robotics, Inc. a reporting blank check company and resigned his position on March 31, 2008. On or about May 25, 2007, Mr. Anthony became an officer and director or Aim Smart Corporation, a reporting blank check company and resigned his position on April 24, 2008. On or about July 2, 2007, Mr. Anthony became an officer and director of Diversified Opportunities, Inc., a reporting blank check company and resigned his position on May 30, 2008. On or about April 12, 2007, Mr. Anthony became an officer and director of Econometrics, Inc., a reporting blank check company and resigned his position on January 10, 2009. On or about September 5, 2007, Mr. Anthony became an officer and director of Dover Glen, Inc., a reporting blank check company and resigned his position on December 16, 2008. On or about October 12, 2007, Mr. Anthony became an officer and director of Highland Ridge, Inc., a reporting blank check company and resigned his position on January 13, 2010. On or about October 7, 2007, Mr. Anthony became an officer and director of Ravenwood Bourne, Ltd., a reporting blank check company and resigned his position on April 5, 2010.

Name and Address of Beneficial Owner (1)(2)	Amount and Nature of Beneficial Ownership		Percentage of Class (3)
Directors and Executive Officers
Dingyou Zhang		81,415,248		64.2	%
Chairman and Chief Executive Officer

Mingxia Yuan		20,520,128		16.2	%
Chief Financial Officer and Director

Dingfu Zhang		5,520,130		4.3	%
Chief Operating Officer and Director

All Directors and Officers as a Group (three individuals)		107,455,506		84.7	%
Greater than 5% Stockholders
None		-		-

~~SECTION 16~~(a1) ~~BENEFICIAL~~Pursuant ~~OWNERSHIP~~to ~~REPORTING~~Rule ~~COMPLIANCE~~13d-3 under the Exchange Act, a person has beneficial ownership of any securities as to which such person, directly or indirectly, through any contract, arrangement, undertaking, relationship or otherwise has or shares voting power and/or investment power or as to which such person has the right to acquire such voting and/or investment power within 60 days.

~~Section 16~~(a2) ofUnless ~~the~~otherwise ~~Securities Exchange Act of 1934~~stated, aseach ~~amended,~~beneficial ~~requires~~owner ~~the~~has ~~registrant's~~sole ~~officers~~power ~~and directors, and persons who own more than 10% of a registered class of the registrant's equity securities,~~ to ~~file~~vote ~~reports of ownership~~ and ~~changes~~dispose ~~in ownership~~ of ~~equity securities of~~ the ~~Registrant~~shares ~~with the Securities~~ and ~~Exchange Commission. Officers, directors and greater-than 10% shareholders are required by~~ the ~~Securities~~address ~~and Exchange Commission regulation to furnish the registrant with copies~~ of ~~all~~such ~~Section~~person ~~16(a)~~is ~~forms~~c/o ~~that~~Tsingyuan ~~they~~Brewery ~~file~~Ltd., ~~Based~~Linpan ~~solely~~Industrial onPark, aLinyi ~~review~~County, ofShandong ~~Forms 3 and 4 and amendments thereto filed with the Commission during the fiscal year end March 31~~Province, ~~2010,~~P.R. ~~all Section 16(a) forms were filed~~China.

~~CODE~~(3) OFWhen ~~ETHICS~~calculating the percentage of shares for all the persons listed and all directors and officers as a group, the denominator is 126,857,289, the number of shares of our common stock outstanding as of March 24, 2011.

~~Sabre~~Securities ~~Industrial~~Authorized ~~has~~for ~~not~~Issuance ~~adopted~~Under aEquity ~~code~~Compensation of ethics. Sabre Industrial is a shell company with one officer and director and no employees. The primary functions of a code of ethics include internal reporting and adherence to the code, compliance with government rules and regulations including the reporting requirements under the Exchange Act and the honest and ethical handling of actual or apparent conflicts of interest. As a shell company, with one officer and director, the functions of the code of ethics are properly met without the need of a formal document.Plans

~~ITEM 11~~None. ~~EXECUTIVE COMPENSATION~~

NoChanges ~~executive~~in compensation was paid during the fiscal period ended March 31, 2010 or 2009 by Sabre Industrial. Sabre Industrial has no employment agreement with any of its officers and directors. Sabre Industrial has no employees and no compensation committee.Control

Not Applicable.

ITEM 13.

CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, AND DIRECTOR INDEPENDENCE.

We, through Qingyuan Management, are party to a series of control agreements with Linyi Malt and Qinyuan Beer, pursuant to which we exercise contractual control over Linyi Malt and Qinyuan Beer. The three shareholders and their respective ownership of Linyi Malt are Mr. Dingyou Zhang, our Chairman and Chief Executive Officer (89.9%), Mr. Dingfu Zhang, our Chief Operating Officer (6.2%), and Ms. Mingxia Yuan, our Chief Financial Officer (3.9%). The two shareholders and their respective ownership of Qingyuan Beer are Mr. Dingyou Zhang (83.4%) and Ms. Mingxia Yuan (16.6%). Mr. Dingyou Zhang serves as the Executive Director of both Linyi Malt and Qingyuan Beer. The description of such control agreements contained in Item 1. “Business – Our History and Corporate Structure – Relationships with Tsingyuan Group and its Owners” is incorporated herein by reference.

~~The~~During ~~following~~2010, ~~tables~~Linyi ~~show~~Malt borrowed an aggregate of $5,968,337 asfrom Mr. Dingyou Zhang, our Chairman and Chief Executive Officer. The loan was not subject to ~~the~~a ~~named~~written ~~executive~~agreement, ~~officers~~did not bear interest and was due on demand. As of December 31, ~~certain~~2010, ~~information~~such ~~concerning~~loans ~~stock~~from ~~options:~~Mr. Zhang were repaid.

~~OPTION~~Between ~~GRANTS~~2006 ~~DURING~~and 2009, Qingyuan Beer entered into multiple loan agreements with Weihai Hengchang Fuel Group Co., Ltd., a PRC company majority-owned by Mr. Dingyou Zhang (“Weihai”), pursuant to which Weihai loaned Qingyuan Beer an aggregate of $2.7 million. Each loan agreement was for one year and did not bear interest. As of December 31, 2010, all such loans from Weihai were repaid.

~~NAME~~In ~~NUMBER~~June OF2010, ~~SECURITIES~~Mr. ~~UNDERLYING~~Dingyou ~~OPTIONS~~Zhang ~~PERCENT~~lent OFRMB11,460,000 ~~TOTAL~~(approximately ~~OPTIONS~~US$1,739,735) ~~GRANTED~~to TOLinyi ~~EMPLOYEES~~Malt. INThe ~~FISCAL~~loan ~~YEAR~~is ~~EXERCISE~~subject ORto ~~BASE~~a ~~PRICE~~written (agreement, bears no interest and is payable on demand. As of December 31, 2010, $~~/SH)~~519,381 ~~EXPIRATION~~of ~~DATE~~such ~~NONE~~loan remains outstanding and payable to Mr. Zhang.

~~AGGREGATED~~Independence ~~OPTIONS~~of ~~EXERCISES~~the INBoard ~~LAST~~of ~~FISCAL YEAR AND FY-END OPTION VALUES~~Directors

~~NAME~~We ~~ACQUIRED~~have ONno ~~EXERCISE~~independent ~~VALUE~~directors ~~REALIZED~~as ~~NUMBER~~that OFterm ~~SECURITIES~~is ~~UNDERLYING~~defined ~~UNEXERCISED~~by ~~OPTIONS~~Rule ~~AT FY-END~~ 5605(#a)(2) ~~VALUE~~of OFthe NASDAQ ~~UNEXERCISED~~Listing ~~IN-THE-MONEY OPTIONS EXERCISABLE UNEXERCISABLE EXERCISABLE UNEXERCISABLE NONE~~Rules.

~~COMPENSATION~~ITEM OF14. ~~DIRECTORS~~PRINCIPAL ACCOUNTANT FEES AND SERVICES

~~Sabre~~We ~~Industrial~~paid ~~directors~~or ~~are~~accrued ~~not~~the ~~compensated~~following ~~for~~fees ~~their~~in ~~services~~each ~~as directors~~ of the ~~Company.~~prior two fiscal years to our principal accountants:

~~EMPLOYMENT~~Sherb ~~CONTRACTS~~& Co., LLP(1)

We do not have an employment contract with any executive officers. Any obligation to provide any compensation to any executive officer in the event of his resignation, retirement or termination, or a change in control of the Company, or a change in any named Executive Officers' responsibilities following a change in control would be negotiated at the time of the event.

	Fiscal Year Ended December 31,
	2010(3)			2009(3)
Audit Fees	$	80,000		$	100,000
Audit Related Fees		10,000	(4)		-
Tax Fees		-			-
All Other Fees		-			-
Total	$	90,000		$	100,000

WeMichael ~~may in the future create retirement, pension, profit sharing and medical reimbursement plans covering our Executive Officers and Directors~~F. Cronin(2)

The company has made no Long Term Compensation payouts (LTIP or other)

	Fiscal Year Ended December 31,
	2010(3)		2009(3)
Audit Fees	$	4,550	$	5,000
Audit Related Fees				-
Tax Fees		-		-
All Other Fees		-		-
Total	$	4,550	$	5,000

(1)

Sherb & Co., CPA has been our auditor since September 24, 2010 and was the auditor of Qingyuan Beer and Linyi Malt, our VIEs, for the years ended December 31, 2009 and 2008.

(2)

Michael F. Cronin was our auditor prior to September 24, 2010.

(3)

We resolved to change our fiscal year end from March 31 to December 31 on September 30, 2010.

~~ITEM~~(4) 12Audit Related Fees were for Sherb & Co. ~~SECURITY~~, ~~OWNERSHIP~~LLP’s OFreview ~~CERTAIN~~of ~~BENEFICIAL~~our ~~OWNERS~~interim ~~AND~~financial ~~MANAGEMENT~~statements ~~AND~~for ~~RELATED~~the ~~STOCKHOLDER~~quarter ~~MATTERS~~ended September 30, 2010.

~~Sabre~~In ~~Industrial~~the ~~does~~event ~~not~~that ~~have~~we anshould ~~equity~~require ~~compensation~~substantial ~~plan~~non-audit services, our Board of Directors would approve such services and the fees therefore.

The following table sets forth, as of April 23, 2010 the number and percentage of outstanding shares of common and preferred stock which, according to the information supplied to the Company, were beneficially owned by (i) each current director of the Company, (ii) each current executive officer of the Company, (iii) all current directors and executive officers of the Company as a group, and (iv) each person who, to the knowledge of the Company, is the beneficial owner of more than 5% of the Company's outstanding capital stock. Except as otherwise indicated, the persons named in the table below have sole voting and dispositive power with respect to all shares beneficially owned, subject to community property laws (where applicable).

Owner	Common Shares	Percentage (1)	Preferred Stock (3)	Percentage
Michael Anthony(2)	150,641	19.86%	10,000	100%
Officers and directors as a group (1 persons)	150,641	19.86%	10,000	100%
5% shareholders:
H. Glenn Bagwell	46,669	16.25%
James P. Crehan (deceased)	53,334	14.22%

______________________

(1) Based on 758,386 shares of common stock outstanding as of April 23, 2010.

(2) Held by Corporate Services International, Inc., a private services corporation for which Michael Anthony is the sole officer, director and shareholder

(3) Held by Corporate Services International, Inc., a private services corporation for which Michael Anthony is the sole officer, director and shareholder. Each share of Series A Preferred Stock is convertible into 10,000 shares of common stock at the option of the Holder and carries voting rights of 10,000 to one on all matters submitted to stockholders for a vote.

There are no arrangements which may result in a change in control of Sabre Industrial.

ITEM 1315. ~~CERTAIN~~ ~~RELATIONSHIPS~~EXHIBITS AND ~~RELATED~~FINANCIAL ~~TRANSACTIONS~~STATEMENT SCHEDULES

~~During~~(a) The ~~the~~following ~~last~~documents ~~three~~are ~~years,~~filed toas ~~the~~part ~~knowledge~~ of ~~the Company, there was no person who had or has a direct or indirect material interest in any transaction or proposed transaction to which the Company was or is a party. Transactions in~~ this ~~context relate to any transaction which exceeds $120,000 or one percent of the average of the Company’s total assets at year end for the last three completed fiscal years.~~ report:

~~Laura~~Financial ~~Anthony, Esquire is corporate and securities counsel to the Company. Laura Anthony is Michael Anthony’s wife. Ms. Anthony’s total legal fees for the year ending March 31, 2010 were $10,000.~~Statements

~~Sabre~~The ~~Industrial~~following ~~does~~financial ~~not~~statements ~~have~~of ~~any~~Tsingyuan ~~outside~~Brewery ~~directors~~Ltd. and Reports of Independent Registered Public Accounting Firms are presented in the “F” pages of this report:

ITEM 14. PRINCIPAL ACCOUNTING FEES AND SERVICES.

Reports of Independent Registered Public Accounting Firms			F-1

Consolidated Balance Sheets - as of December 31, 2010 and 2009			F-2

Consolidated Statements of Income and Other Comprehensive Income - for the years ended December 31, 2010 and 2009			F-3

Consolidated Statements of Shareholders’ Equity - for the years ended December 31, 2010 and 2009			F-4

Consolidated Statements of Cash Flows - for the years ended December 31, 2010 and 2009			F-5

Notes to Consolidated Financial Statements			F-6 - F-27

~~AUDIT FEES~~(b) Exhibits

~~The~~See ~~Company was billed a total of $4,450 for~~ the ~~fiscal~~Exhibit ~~year~~Index ~~ended~~following ~~March 31, 2010 and $5,000 for 2009 for professional services rendered by~~ the ~~principal~~signature ~~accountant~~page ~~for the audit~~ of ~~the~~this ~~Company's annual financial statements~~report, ~~the~~which ~~review~~Index ofis ~~our~~incorporated ~~quarterly~~herein ~~financial~~by ~~statements, and other services performed in connection with our statutory and regulatory filings~~reference. ~~These services also included updating the audits for our annual report.~~

AUDIT RELATED FEES

There were $0 in audit related fees for the fiscal years ended March 31, 2009 and 2010. Audit related fees include fees for assurance and related services rendered by the principal accountant related to the audit or review of our financial statements, not included in the foregoing paragraph.

TAX FEES

There were no tax fees for the fiscal year ended March 31, 2010. Tax fees include fees for professional services rendered by the principal accountant for tax compliance, tax advice and tax planning.

ALL OTHER FEES

There were no other professional services rendered by our principal accountant during the last two fiscal years that were not included in the above paragraphs.

The Company's Board of Directors reviews and approves audit and permissible non-audit services performed by its independent accountants, as well as the fees charged for such services. In its review of non-audit service fees and its appointment of Michael F. Cronin, CPA as the Company's independent accountants, the Board of Directors considered whether the provision of such services is compatible with maintaining independence.

PART IV

ITEM 15. EXHIBITS, FINANCIAL STATEMENT SCHEDULES AND REPORTS ON FORM 8-K

The Company's financial statements for the fiscal years ended March 31, 2010 and 2009 are attached hereto as F-1 through F-

EXHIBITS

NUMBER		DESCRIPTION
2.1		Agreement of Merger, dated July 1, 2008*
2.1.2		Articles of Merger, Florida*
2.1.3		Certificate of Merger, Delaware*
3.1.1		Articles of Incorporation dated July 25, 1996*
3.1.2		Certificate of Incorporation – Delaware, dated September 18, 2007*
3.1.3		Articles of Amendment – Florida, dated April 4, 2008*
3.1.4		Articles of Amendment – Florida, dated April 10, 2008*
3.1.5		Certificate of Amendment – Delaware, dated April 11, 2008*
3.1.6		Certificate of Amendment – Delaware, dated Feb. 19, 2010*
3.2		Amended and Restated By-Laws – Florida*
3.2.1		By-Laws – Delaware*
31.1		Certification of the Chief Executive Officer and Chief Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
32.1		Certification of the Chief Executive Officer and Chief Financial Officer pursuant to Section 906 of the Sarbanes Oxley Act of 2002

* Previously filed with the Company’s Form 10 filed on March 9, 2010

REPORTS ON 8-K

None

SIGNATURES

InPursuant ~~accordance~~to ~~with~~the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	SABRE INDUSTRIAL, INC.
Dated: April 13, 2011	TSINGYUAN BREWERY LTD.
Date: April 23, 2010	By:	/s/ Michael Anthony
	By:	/s/ Dingyou Zhang
		Name: Michael Anthony
		Dingyou Zhang
		Title: Chief Executive Officer
		Chief Executive Officer
		(principal executive officer)

Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

SIGNATURE	TITLE	DATE

/s/ Dingyou Zhang	Chairman of the Board and Chief Executive Officer	April 13, 2011
Dingyou Zhang	(principal executive officer)

/s/ Mingxia Yuan	Director and Chief Financial Officer	April 13, 2011
Mingxia Yuan	(principal financial officer and principal accounting officer)

/s/ Dingfu Zhang	Director and Chief Operating Officer	April 13, 2011
Dingfu Zhang

PART IV

ITEM 15.

EXHIBITS, FINANCIAL STATEMENT SCHEDULES.

Exhibit
Number		Description
2.1		Agreement of Merger, dated July 1, 2008, incorporated by reference to Exhibit 2.1 to our Registration Statement on Form 10-12G filed with the Securities and Exchange Commission on March 9, 2010.

2.2		Articles of Merger, Florida, incorporated by reference to Exhibit 2.1.2 to our Registration Statement on Form 10-12G filed with the Securities and Exchange Commission on March 9, 2010.

2.3		Certificate of Merger, Delaware, incorporated by reference to Exhibit 2.1.3 to our Registration of Securities on Form 10-12G filed with the Securities and Exchange Commission on March 9, 2010.

3.1		Amended and Restated Certificate of Incorporation of Tsingyuan Brewery Ltd.*

3.2		By-laws of Tsingyuan Brewery Ltd., incorporated by reference to Exhibit 3.2.1 to our Registration Statement on Form 10-12G filed with the Securities and Exchange Commission on March 9, 2010.

3.3		Amendment to By-laws, incorporated by reference to Exhibit 3.2 to our Quarterly Report on Form 10-Q for the quarter ended September 30, 2010 filed with the Securities and Exchange Commission on November 14, 2010.

10.1		Share Exchange Agreement dated September 17, 2010 between Sabre Industrial and the shareholders of Tsingyuan Holding Inc., incorporated by reference to Exhibit 10.A to our Current Report on Form 8-K filed with the Securities and Exchange Commission on September 24, 2010.

10.2		Exclusive Technical Service and Business Consulting Agreement dated June 26, 2010 between Beijing Qingyuan Hengchang Consulting Co., Ltd. and Linyi Hengchang Brewer’s Malt Co, Ltd., incorporated by reference to Exhibit 10.B to our Current Report on Form 8-K filed with the Securities and Exchange Commission on September 24, 2010.

10.3		Share Pledge Agreement dated June 26, 2010 among Beijing Qingyuan Hengchang Consulting Co., Ltd., the equity owners in Linyi Hengchang Brewer’s Malt Co., Ltd. and Linyi Hengchang Brewer’s Malt Co., Ltd., incorporated by reference to Exhibit 10.C to our Current Report on Form 8-K filed with the Securities and Exchange Commission on September 24, 2010.

10.4		Call Option Agreement dated June 26, 2010 among Beijing Qingyuan Hengchang Consulting Co., Ltd. and the equity owners in Linyi Hengchang Brewer’s Malt Co., Ltd., incorporated by reference to Exhibit 10.D to our Current Report on Form 8-K filed with the Securities and Exchange Commission on September 24, 2010.

10.5		Proxy Agreement dated June 26, 2010 among Beijing Qingyuan Hengchang Consulting Co., Ltd. and the equity owners in Linyi Hengchang Brewer’s Malt Co., Ltd., incorporated by reference to Exhibit 10.E to our Current Report on Form 8-K filed with the Securities and Exchange Commission on September 24, 2010.

10.6		Exclusive Technical Service and Business Consulting Agreement dated June 26, 2010 between Beijing Qingyuan Hengchang Consulting Co., Ltd. and Shandong Qingyuan Beer Co, Ltd., incorporated by reference to Exhibit 10.F to our Current Report on Form 8-K filed with the Securities and Exchange Commission on September 24, 2010.

Exhibit
Number		Description

10.7		Amended and Restated Share Pledge Agreement dated March 1, 2011 among Beijing Qingyuan Hengchang Consulting Co., Ltd., the equity owners in Shandong Qingyuan Beer Co., Ltd. and Shandong Qingyuan Beer Co., Ltd. (Bilingual version)*

10.8		Amended and Restated Call Option Agreement dated March 1, 2011 among Beijing Qingyuan Hengchang Consulting Co., Ltd. and the equity owners in Shandong Qingyuan Beer Co., Ltd. (Bilingual version)*

10.9		Amended and Restated Proxy Agreement dated March 1, 2011 among Beijing Qingyuan Hengchang Consulting Co., Ltd. and the equity owners in Shandong Qingyuan Beer Co., Ltd. (Bilingual version)*

10.10		Loan Agreement dated June 1, 2010 between Mr. Dingyou Zhang and Linyi Hengchang Brewer’s Malt, Co., Ltd. *

10.11		Form of Loan Agreement between Shandong Qingyuan Beer Co., Ltd. and Weihai Hengchang Fuel Group Co., Ltd. for multiple transactions on the same terms made during 2006 and 2009*

21.1		List of Subsidiaries*

31.1		Certification of Dingyou Zhang as the CEO of the Company pursuant to Exchange Act Rules 13a-14(a) and 15d-14(a), as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.*

31.2		Certification of Mingxia Yuan as the CFO of the Company pursuant to Exchange Act Rules 13a-14(a) and 15d-14(a), as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.*

32.1		Certification of CEO pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.*

32.2		Certification of CFO pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.*

* Filed herewith.

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Stockholders and Board of Directors

Tsingyuan Brewery Ltd. and Subsidiaries

(f/k/a SABRE INDUSTRIAL, INC.)

We have audited the accompanying consolidated balance sheets of Tsingyuan Brewery Ltd. and Subsidiaries (the “Company”) as of December 31, 2010 and 2009 and the related consolidated statements of operations and comprehensive income, stockholders' equity and cash flows for the years then ended. These financial statements are the responsibility of the Company's management. Our responsibility is to express an opinion on these financial statements based on our audits.

We conducted our audits in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audits to obtain reasonable assurance about whether the financial statements are free of material misstatement. The Company is not required to have, nor were we engaged to perform, audits of its internal control over financial reporting. Our audits included consideration of internal control over financial reporting as a basis for designing audit procedures that are appropriate in the circumstances, but not for the purposes of expressing an opinion on the effectiveness of the Company’s internal control over financial reporting. Accordingly we express no such opinion. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion.

In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of the Company as of December 31, 2010 and 2009 and the results of their operations and their cash flows for the years then ended, in conformity with accounting principles generally accepted in the United States of America.

/s/Sherb & Co., LLP

New York, New York

April 12, 2011

F-1

TSINGYUAN BREWERY LTD. AND SUBSIDIARIES

(formerly known as SABRE INDUSTRIAL, INC.)

CONSOLIDATED BALANCE SHEETS

	December 31,
	2010		2009

ASSETS
Current Assets:
Cash and cash equivalents	$	1,117,383	$	3,731,802
Accounts receivable		2,710,730		505,464
Inventories		2,358,178		569,886
Advances to suppliers		214,671		-
Other receivables		35,945		-
Total Current Assets		6,436,907		4,807,152

Plant and equipment, net of accumulated depreciation of $2,747,621 and $1,675,766 at December 31, 2010 and 2009, respectively		17,462,287		16,836,710
Deferred tax assets		-		71,158
Intangible asset, net		1,442,271		1,419,029

Total Assets	$	25,341,465	$	23,134,049

LIABILITIES AND STOCKHOLDERS' EQUITY

Current Liabilities:
Short-term loans	$	-	$	6,581,642
Accounts payable and accrued expense		346,798		3,835,656
Advances from customers		322,943		-
Taxes payable		2,978,635		91,834
Due to related parties		519,381		371,106
Total Current Liabilities		4,167,757		10,880,238

Stockholders' Equity:
Preferred stock, Series B - $0.001 par value, 1,000 authorized, no shares issued and outstanding)		-		-
Common stock ($0.0001 par value, 300,000,000 shares authorized, 126,857,289 and 125,107,671 shares issued and outstanding)		126,857		125,108
Additional paid in capital		11,012,046		11,033,425
Statutory surplus reserves		832,981		-
Retained earnings (accumulated deficit)		7,155,952		(264,851	)
Accumulated other comprehensive income		2,045,872		1,360,129
Total Stockholders' Equity		21,173,708		12,253,811
Total Liabilities and Stockholders' Equity	$	25,341,465	$	23,134,049

See notes to consolidated financial statements

F-2

TSINGYUAN BREWERY LTD. AND SUBSIDIARIES

(formerly known as SABRE INDUSTRIAL, INC.)

CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME

	For the Year Ended December 31,
	2010			2009

Sales	$	52,303,074		$	11,919,013
Cost of goods sold		40,510,932			9,273,236
Gross profit		11,792,142			2,645,777

Operating expenses:
General and administrative expenses		569,295			307,092
Selling expenses		232,604			6,280
Total operating expenses		801,899			313,372

Income from operations		10,990,243			2,332,405

Other income (expense):
Interest expense		(119,637	)		(893,090	)
Interest income		16,947			321,491
Other income		127,542			476,933
Total other income (expenses)		24,852			(94,666	)

Income before income taxes		11,015,095			2,237,739
Income taxes expense		2,761,311			561,767

Net income attributable to common stockholders		8,253,784			1,675,972

Other comprehensive income:
Foreign currency translation adjustment		685,743			27,134

Comprehensive income	$	8,939,527		$	1,703,106

Earnings per share - basic and diluted:
Weighted-average shares outstanding, basic and diluted		125,630,160			125,107,671
Earnings per share, basic and diluted	$	0.07		$	0.01

See notes to consolidated financial statements

F-3

TSINGYUAN BREWERY LTD. AND SUBSIDIARIES

(formerly known as SABRE INDUSTRIAL, INC.)

CONSOLIDATED STATEMENTS OF THE STOCKHOLDERS' EQUITY

																					Total
	Preferred Stock						Common Stock				Additional			Statutory Surplus		(Accumulated Deficit)			Accumulated Other		Stockholders'
	Shares			Amoount			Shares		Amoount		Paid-in Capital			Reserves		Retained Earnings			Comprehensive Income		Equity

Balance, January 1, 2009		-		$	-			125,107,671	$	125,108	$	11,033,425		$	-	$	(1,940,823	)	$	1,332,995	$	10,550,705

Comprehensive income:
Net income		-			-			-		-		-			-		1,675,972			-		1,675,972
Unrealized foreign currency translation adjustment		-			-			-		-		-			-		-			27,134		27,134
Subtotal																						1,703,106

Balance, December 31, 2009		-			-			125,107,671		125,108		11,033,425			-		(264,851	)		1,360,129		12,253,811

Recapitalization of Sabre subsequent to Share Exchange		1,000			1			607,902		608		(20,239	)		-		-			-		(19,630	)
Preferred stock exchanged for common shares		(1,000	)		(1	)		1,141,716		1,141		(1,140	)		-		-					-
Appropriation to statutory surplus reserves		-			-			-		-		-			832,981		(832,981	)		-		-
Comprehensive income:
Net income		-			-			-		-		-			-		8,253,784			-		8,253,784
Unrealized foreign currency translation adjustment		-			-			-		-		-			-		-			685,743		685,743
Subtotal																						8,939,527

Balance, December 31, 2010		-		$	-			126,857,289	$	126,857	$	11,012,046		$	832,981	$	7,155,952		$	2,045,872	$	21,173,708

See notes to consolidated financial statements

F-4

TSINGYUAN BREWERY LTD. AND SUBSIDIARIES

(formerly known as SABRE INDUSTRIAL, INC.)

CONSOLIDATED STATEMENTS OF CASH FLOWS

	For the Year Ended December 31,
	2010			2009

CASH FLOWS FROM OPERATING ACTIVITIES
Net income	$	8,253,784		$	1,675,972
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization		1,013,063			501,153
Deferred tax assets		71,972			546,204
Changes in operating assets and liabilities:
Accounts receivable		(2,131,757	)		(133,310	)
Advances to suppliers		(207,828	)		2,519,407
Inventories		(1,722,855	)		(234,425	)
Other receivables		(36,526	)		-
Accounts payables and accrued expense		(3,541,384	)		3,605,484
Taxes payable		2,811,328			53,509
Advances from customers		314,874			-
Total adjustments		(3,429,113	)		6,858,022
Net cash provided by operating activities		4,824,671			8,533,994

CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of intangible assets		-			(268,791	)
Purchase of plant and equipment		(980,784	)		(9,210,161	)
Net cash used in investing activities		(980,784	)		(9,478,952	)

CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from short-term loans		-			9,209,341
Repayments of short-term loans		(6,656,903	)		(16,079,803	)
Proceeds from related parties		1,696,475			-
Repayment to related parties		(1,584,560	)		9,603,670
Net cash (used in) provided by financing activities		(6,544,988	)		2,733,208

NET (DECREASE) INCREASE IN CASH		(2,701,101	)		1,788,250

EFFECT OF EXCHANGE RATE CHANGES ON CASH		86,682			5,781

CASH, BEGINNING OF YEAR		3,731,802			1,937,771

CASH, END OF YEAR	$	1,117,383		$	3,731,802

SUPPLEMENTAL DISCLOSURES:
Cash paid during the period for:
Interest paid	$	119,363		$	806,793
Income tax paid	$	1,458,205		$	1,630,109

See notes to consolidated financial statements

F-5

TSINGYUAN BREWERY LTD. AND SUBSIDIARIES

(formerly known as SABRE INDUSTRIAL, INC.)

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

DECEMBER 31, 2010 and 2009

Note 1

Organization and Basis of Presentation

The consolidated financial statements include the financial statements of Tsingyuan Brewery Ltd. (“Tsingyuan”) a corporation incorporated under the laws of the State of Delaware, formerly known as Sabre Industrial, Inc. (“Sabre”). Hereafter, Tsingyuan, its subsidiaries and variable interest entities (“VIEs”), where Tsingyuan is deemed the primary beneficiary, are collectively referred to as the “Company”, unless specific reference is made to a subsidiary, a VIE, or to Sabre prior to it being renamed Tsingyuan.

On September 13, 2010, Dingyou Zhang, a citizen of the People’s Republic of China (the “PRC”), purchased 60,000,000 shares of common stock of Sabre from Corporate Services International, Inc. (“CSII”) (the “Zhang Stock Purchase”). The former CEO of CSII, in addition to being the majority shareholder of CSII, was the former sole director of Sabre. The Zhang Stock Purchase was for $408,000 in a private transaction whereby Sabre did not issue any shares and did not receive any of the proceeds. Sabre, prior and subsequent to the Zhang Stock Purchase (but prior to the Share Exchange, as defined below), was a shell corporation seeking a merger, or business combination, with an operating entity.

Prior to the Zhang Stock Purchase, Sabre had 100,758,543 shares of common stock issued and outstanding. In addition to the 60,000,000 shares of common stock sold by CSII to Dingyou Zhang, and as a condition of the Zhang Stock Purchase, CSII was required to exchange an additional 40,150,641 shares of common stock that it held, for 1,000 shares of Sabre’s newly authorized non-voting Series B Preferred Stock (the “Series B Exchange”). The preferred shares were convertible into 0.9% of the fully-diluted common stock of Sabre within 30 days after Sabre filed a current report on Form 8-K stating that it has ceased being a shell company. Subsequent to the Zhang Stock Purchase and the Series B Exchange, Sabre had 607,902 shares of common stock not owned or controlled by Dingyou Zhang or any of his affiliated entities.

On September 24, 2010, Sabre entered into a Share Exchange Agreement (the “Share Exchange”) with Tsingyuan Holding, Inc., a holding company organized under the laws of the State of Delaware (“Tsingyuan Holding”) that controls operating entities in the PRC through its direct ownership of Beijing Qingyuan (as defined below). Tsingyuan Holding was established on March 30, 2010 by Dingyou Zhang and another non-affiliate individual, with Mr. Zhang retaining majority ownership and control of Tsingyuan Holding. In accordance with the Share Exchange, Sabre issued 65,107,671 shares of its 300,000,000 authorized shares of common stock for 100% of the equity of Tsingyuan Holding. As a result of the Share Exchange, Tsingyuan Holding became Sabre’s wholly-owned subsidiary. Tsingyuan Holding is a holding company for the operating VIEs, which are producers of beer and malt in the PRC. Subsequent to the Share Exchange, Sabre ceased being a shell company.

The Share Exchange was effectively a reorganization of the entities for accounting purposes and was deemed to be a reverse acquisition. Subsequent to the Share Exchange, the financial statements presented are those of a combined Tsingyuan Holding and its subsidiaries, including their VIEs, as if the Share Exchange had been in effect retroactively for all periods presented. Accordingly, the 60,000,000 common shares from the Zhang Stock Purchase and the 65,107,671 common shares from the Share Exchange, totaling 125,107,671 common shares, are presented as having been issued since inception. The 607,902 shares of common stock not owned, or controlled by Dingyou Zhang, subsequent to the Zhang Stock Purchase are presented as a recapitalization effectuated by the reverse merger, and are presented as if outstanding commencing on September 24, 2010, the date of the Share Exchange. On September 28, 2010, the 1,000 shares of Series B Preferred Stock issued to CSII as a condition of the Zhang Stock Purchase were converted into 1,141,716 shares of common stock.

F-6

TSINGYUAN BREWERY LTD. AND SUBSIDIARIES

(formerly known as SABRE INDUSTRIAL, INC.)

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

DECEMBER 31, 2010 and 2009

On January 18, 2011, the Company received an approval from the Financial Industry Regulatory Authority (“FINRA”) clearing the Company’s name change from "Sabre Industrial, Inc." to "Tsingyuan Brewery Ltd.” According to FINRA’s approval, the name change took effect on January 19, 2011. Concurrently with the name change, the Company’s trading symbol was changed from "SBRD" to "BEER".

On April 22, 2010, Tsingyuan Holding established its wholly-owned subsidiary, Tsingyuan Group (Hong Kong) Co., Limited (“Tsingyuan HK”), a Hong Kong limited liability company. Tsingyuan HK was established with 10,000 shares authorized, with a par value of $1 Hong Kong Dollar per share (approximately $0.13 US dollar per share). On June 17, 2010, Tsingyuan HK established Beijing Qingyuan Hengchang Consulting, Co. Ltd. (“Beijing Qingyuan”), a wholly-owned Chinese limited liability company. Beijing Qingyuan is a wholly foreign owned enterprise, or a WFOE. Through a series of entrusted management agreements entered into on June 26, 2010, Beijing Qingyuan controls the business of Linyi Hengchang Brewer’s Malt Co., Ltd. (“Linyi Malt”), a PRC limited liability company established on March 3, 2004, and Shandong Qingyuan Beer Co., Ltd. (“Qingyuan Beer”), a PRC limited liability company established December 16, 2005. Qingyuan Beer brews and distributes beer throughout northern and eastern China. The beers are commonly marketed under the trade names “QINGLIN,” “QINGYI,” and “QINGYUAN”. Linyi Malt is engaged in the production and distribution of brewer’s malt. The three owners of Linyi Malt are Mr. Zhang, who is also the Chairman of the Board and Chief Executive Officer of our company (89.9%), Mr. Dingfu Zhang (6.2%) and Ms. Mingxia Yuan, who is also the Chief Financial Officer of our company (3.9%). Prior to January 6, 2011, the shareholders of Qingyuan Beer were Linyi Malt (66.8%), Mr. Dingyou Zhang (16.6%) and Ms. Yuanmin Xia (16.6%). On January 6, 2011, Linyi Malt transferred all of its equity interest in Qingyuan Beer to Mr. Dingyou Zhang and therefore after the equity transfer the current two shareholders of Qingyuan Beer are Mr. Dingyou Zhang (83.4%) and Ms. Mingxia Yuan (16.6%). The controlling shareholder of Linyi Malt and Qingyuan Beer is Mr. Dingyou Zhang.

Subsequent to the Share Exchange, the “Company” is referred to as the entities of Tsingyuan, Tsingyuan Holding, Tsingyuan HK, Beijing Qingyuan, Linyi Malt and Qingyuan Beer on a consolidated basis, with Tsingyuan as the legal acquirer in the Share Exchange and the parent company of the consolidated entity.

F-7

TSINGYUAN BREWERY LTD. AND SUBSIDIARIES

(formerly known as SABRE INDUSTRIAL, INC.)

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

DECEMBER 31, 2010 and 2009

The Share Exchange acquisition has been accounted for as a “reverse acquisition” because, immediately following completion of the transaction, the shareholders of Tsingyuan Holding and it majority shareholder, Mr. Dingyou Zhang, had effective control of Tsingyuan. For accounting purposes, Tsingyuan Holding will be deemed to be the accounting acquirer in the transaction and, consequently, the transaction will be treated as a recapitalization of Tsingyuan, i.e., a capital transaction involving the issuance of shares by Tsingyuan for the shares of Tsingyuan Holding. Accordingly, the combined assets, liabilities and results of operations of Tsingyuan Holding and its subsidiaries and VIEs became the historical financial statements of Tsingyuan at the closing of the Share Exchange, and Tsingyuan’s assets (primarily cash and cash equivalents), liabilities and results of operations were consolidated with those of Tsingyuan Holding beginning on the Share Exchange date. No step-up in basis or intangible assets or goodwill has been recorded in this transaction. As this transaction has been accounted for as a reverse acquisition, all direct costs of the transaction have been charged to additional paid-in capital. All professional fees and other costs associated with this transaction have been charged to additional paid-in-capital.

Beijing Qingyuan’s control over Linyi Malt and Qingyuan Beer is generally identified as an “entrusted management” business arrangement that is a result of Linyi Malt and Qingyuan Beer, together with their shareholders, having entered into a series of entrusted management agreements. The agreements provide that all economic benefits and risks arising from the operations of Linyi Malt and Qingyuan Beer shall be transferred to Beijing Qingyuan. Accordingly, Linyi Malt and Qingyuan Beer are commonly referred to as VIE’s with respect to Beijing Qingyuan as they are deemed the primary beneficiary of these agreements. Details of the VIE Agreements are set out below under the caption “Entrusted Management Agreements.”

Tsingyuan Holding, Tsingyuan HK and Beijing Qingyuan do not own any assets or any operations, except for services Beijing Qingyuan provides to Linyi Malt and Qingyuan Beer under the aforementioned series of entrusted management agreements. The agreements are such that the operations and financial position of Linyi Malt and Qingyuan Beer, subsequent to the execution of the entrusted management agreements, were consolidated with those of Beijing Qingyuan, Tsingyuan HK and Tsingyuan Holding.

Chinese laws and regulations currently do not prohibit or restrict foreign ownership in the alcohol brewery businesses. However, Chinese laws and regulations do prevent direct foreign investment in certain industries. To protect the Company’s shareholders from possible future foreign ownership restrictions, on June 26, 2010, Linyi Malt and Qingyuan Beer entered into the entrusted management agreements with Beijing Qingyuan that provide that Beijing Qingyuan is entitled to the full guarantee for the performance of such entrusted management agreement entered into by Linyi Malt and Qingyuan Beer. Beijing Qingyuan is also entitled to receive the residual return of Linyi Malt and Qingyuan Beer. As a result of the agreements, Beijing Qingyuan will absorb 100% of the expected gains or losses of Linyi Malt and Qingyuan Beer, which results in Beijing Qingyuan being the primary beneficiary of Linyi Malt and Qingyuan Beer.

Beijing Qingyuan also entered into share pledge agreements with the principal shareholders of Linyi Malt and Qingyuan Beer (the “Principal Shareholders”), who pledged all their equity interests in these entities to Beijing Qingyuan. In the share pledge agreements, the Principal Shareholders pledged their equity interests in Linyi Malt and Qingyuan Beer as a guarantee for the entrustment payments under the entrusted management agreements.

F-8

TSINGYUAN BREWERY LTD. AND SUBSIDIARIES

(formerly known as SABRE INDUSTRIAL, INC.)

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

DECEMBER 31, 2010 and 2009

In addition, Beijing Qingyuan entered into option agreements to acquire the Principal Shareholders’ equity

Filing Compare · Tsingyuan Brewery Ltd.