SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

___________

FORM 8-K

___________

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(D) OF THE

SECURITIES EXCHANGE ACT OF 1934

DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED): ~~JANUARY~~JULY 421, ~~2006~~2009

ARTCRAFT V, INC.

(EXACT NAME OF REGISTRANT AS SPECIFIED IN CHARTER)

DELAWARE	000-50818	26-0744863
(STATE OR OTHER JURISDICTION OF INCORPORATION OR ORGANIZATION)	(COMMISSION FILE NO.)	(IRS EMPLOYEE IDENTIFICATION NO.)

~~Baimang~~Room 1131, ~~Checking Station 1st~~ XianKeJiDian Building

~~South~~BaGuaSi Road ~~Mountain~~Futian ~~Xili Town, Shenzhen, China~~ District

Shenzhen City, China 518029

(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES)

(~~775~~011) ~~27653497~~-86775 23990959

(ISSUER TELEPHONE NUMBER)

(FORMER NAME AND ADDRESS)

~~FORWARD LOOKING STATEMENTS~~_____________________________________________

~~This~~Check ~~Form 8-K and other reports filed by Registrant from time to time with~~ the appropriate ~~Securities~~box ~~and~~below ~~Exchange~~if ~~Commission (collectively~~ the ~~“Filings”)~~Form ~~contain~~8-K orfiling ~~may~~is ~~contain~~intended ~~forward looking statements and information that are based upon beliefs of, and information currently available~~ to, ~~Registrant’s~~simultaneously satisfy ~~management as well as estimates and assumptions made by Registrant’s management. When used in~~ the ~~filings~~filing ~~the~~obligation ~~words “anticipate”, “believe”, “estimate”, “expect”, “future”, “intend”, “plan” or the negative~~ of ~~these terms and similar expressions as they relate to Registrant or Registrant’s management identify forward looking statements. Such statements reflect~~ the ~~current~~registrant ~~view~~under of Registrant with respect to future events and are subject to risks, uncertainties, assumptions and other factors relating to Registrant’s industry, Registrant’s operations and results of operations and any ~~businesses that may be acquired by Registrant. Should one or more~~ of ~~these risks or uncertainties materialize, or should~~ the ~~underlying~~following provisions ~~assumptions~~(see ~~prove~~General ~~incorrect,~~Instruction ~~actual results may differ significantly from those anticipated, believed, estimated, expected, intended or planned~~A.2. below):

~~Although~~o Written communications ~~Registrant~~pursuant believes that the expectations reflected in the forward looking statements are reasonable, Registrant cannot guarantee future results, levels of activity, performance or achievements. Except as required by applicable law, including the securities laws of the United States, Registrant does not intend to ~~update~~Rule ~~any~~425 ofunder the ~~forward-looking~~Securities ~~statements~~Act to(17 ~~conform these statements to actual results~~CFR 230.425)

ITEM 4.01.		CHANGES IN REGISTRANT’S CERTIFYING ACCOUNTANT
(1)	Previous Independent Auditors:

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

~~(i)~~o Pre-commencement communications Onpursuant ~~January~~to 4,Rule ~~the~~14d-2(b) ~~board~~under ~~of directors of Artcraft V Inc. approved~~ the ~~dismissal~~Exchange ofAct ~~Webb~~(17 ~~& Company, P~~CFR 240.A. 14d-2(~~“Webb & Company”~~b) ~~as independent auditor for the Company.~~)

o Pre-commencement communications ~~(ii)~~pursuant ~~Management of Artcraft V Inc. has not had any disagreements with Webb & Company related~~ to ~~any~~Rule ~~matter of accounting principles or practices, financial statement disclosure or auditing scope or procedure. For the year ended May 31, 2005 and through Webb & Company’s termination on January~~ 13e-4,(c) ~~2006,~~under ~~there has been no disagreement between~~ the ~~Company~~Exchange ~~and~~Act ~~Webb~~(17 & Company on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which disagreement, if not resolved to the satisfaction of Webb & Company would have caused it to make a reference to the subject matter of the disagreement in connection with its reportsCFR 240.13e-4(c))

Item ~~(iii)~~4.01 ~~The~~Changes ~~Company’s Board of Directors participated~~ in ~~and approved the decision to change independent accountants. Webb & Company~~Registrant’s ~~audit~~Certifying of the Company’s financial statements on Form 10-KSB for the year ending May 31, 2005 contained an explanatory paragraph expressing substantial doubt about the Company’s ability to continue as a going concern. Except as noted in the previous sentence, the reports of Webb & Company, P.A. contained no adverse opinion or disclaimer of opinion and was not qualified or modified as to audit scope or accounting principles.Accountant

On July 20, 2009, Kabani & Company, Inc. (iv“Kabani”) Inresigned ~~connection~~as ~~with~~the ~~its~~independent auditor ~~review~~for ofArtcraft V, Inc. (the “Company”). Kabani report on the Company’s financial statements ~~through~~for ~~August~~the years ended December 31, ~~2005~~2008 and 2007 did not contain an adverse opinion or disclaimer of opinion except that the audit reports for the fiscal years ended December 31, ~~there~~2007 ~~have~~and ~~been~~2008, contained an explanatory paragraph expressing substantial doubt about our ability to continue as a going concern. During the Company’s recent fiscal year and through the date of Kabani resignation, there were no disagreements with ~~Webb~~ Kabani & Company, Inc. on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or ~~procedure~~procedures, which disagreements if not resolved to the satisfaction of ~~Webb~~Kabani & Company, Inc. would have caused them to make reference thereto in their ~~report~~reports on the financial statements. The board of directors of the Company approved the resignation of Kabani & Company, Inc. as the Company’s independent accountants.

As ~~(v)~~of ~~During~~the date of this Current Report, the ~~most~~Company ~~recent~~has ~~review~~provided ~~period~~Kabani ~~and~~with a copy of the disclosures ~~interim~~it ~~period~~is ~~subsequent~~making in response to ~~January~~this Item 4.01. The Company has requested that Kabani furnish, ~~2006~~and Kabani has furnished, ~~there~~a ~~have~~letter ~~been~~addressed noto the ~~reportable~~SEC ~~events~~stating whether it agrees with the ~~Company~~statements asmade ~~set~~by ~~forth~~the Company in response to this Item 4.01 ~~304~~of this Current Report and, if not, stating the respects in which it does not agree (athe “Kabani Letter”)~~(i)(v)~~. A copy of the ~~Regulation~~Kabani ~~S-K~~Letter is filed as Exhibit 16.1 to this Current Report.

On ~~(vi)~~July 20, ~~The~~2009, the Company ~~requested~~engaged ~~that~~Sherb ~~Webb~~ & ~~Company furnish it with a letter addressed to the SEC stating whether or not it agrees with the above statements~~Co., ALLP ~~copy of such letter is filed~~ (“Sherb”) as anthe Company’s ~~Exhibit~~independent ~~to this Form 8-K~~accountant.

~~(2)~~Item ~~New~~9.01 ~~Independent~~Financial ~~Accountants:~~Statements and Exhibits

~~(i) The~~Exhibit Letter on ~~Company~~Change engaged, Kabani & Company, Inc. of Los Angeles, California, as its new independent auditors as of January 4, 2006. Prior to such date, the Company, did not consult with Kabani & Company, Inc. regarding (i) the application of accounting principles, (ii) the type of audit opinion that might be rendered by Kabani & Company, Inc. or (iii) any other matter that was the subject of a disagreement between the Company and its former auditor as described in ~~Item~~Certifying ~~304(a)(1)(iv) of Regulation S-B.~~Accountant

ITEM 5.03. CHANGE IN FISCAL YEAR END

On January 4, 2006, the Company elected to change it fiscal year end to December 31st based on the fiscal year end of its operating subsidiary. Based upon same, the Company’s next filing will be its December 31, 2005 10KSB.

ITEM 9.01.	FINANCIAL STATEMENTS AND EXHIBITS.
	(a)	Financial statements of business acquired:
		None
	(b)	Exhibits
NUMBER		EXHIBIT
23.1		Letter from Webb & Company, P.A.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized.

ARTCRAFT V INC.

	ARTCRAFTV,INC.

Date: July 21, 2009	By:	/s/ Li Te Xiao
		Li Te Xiao
		President, Chief Executive Officer
		Chief Financial Officer and Director

By: /s/ Li Te Xiao

Li Te Xiao

CEO

Dated: January 6, 2006

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