UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

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

For the Quarterly Period Ended May ~~November 30~~31, ~~2016~~2017

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

For the transition period from ______________ to ______________

Commission File No. 333-173949

CEFC GLOBAL STRATEGIC HOLDINGS, INC.

(Exact name of small business issuer as specified in its charter)

Nevada		7822		99-0361962
(State or other jurisdiction of incorporation or organization)		(Primary Standard Industrial Classification Code Number)		(I.R.S. Employer Identification No.)

111 Xing Guo Road, D8

Xu Hui District, Shanghai, P.R. China

(Address of principal executive offices)

011-8621-5856-5351

(Registrant’s telephone number, including area code)

(Former name, former address and former fiscal year, if changed since last report)

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

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every, Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (Sec.232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes ☒ No ☐

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, or a non-accelerated filer, smaller reporting company, or an emerging growth company. See ~~definition~~ the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and ~~large~~“emerging ~~accelerated~~growth ~~filer~~company” in Rule 12b-2 of the Exchange Act. ~~(Check one):~~

Large accelerated filer ☐ Accelerated filer ☐ Non-accelerated filer ☐ (Do not check if a smaller reporting company) Smaller reporting company ☒ Emerging growth company ☐

~~Indicate~~If an emerging growth company, indicate by check mark ~~whether~~if the registrant ishas aelected ~~shell~~not ~~company~~to ~~(as~~use ~~defined~~the inextended ~~Rule~~transition ~~12b-2~~period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act). ~~Yes ☒ No~~ ☐

~~The~~Indicate ~~number~~by ofcheck ~~shares~~mark ofwhether ~~Common~~the ~~Stock,~~registrant ~~$0.001~~is ~~par~~a ~~value,~~shell ofcompany ~~the~~(as ~~registrant~~defined ~~outstanding~~in atRule ~~January~~12b-2 ~~13,~~of ~~2017~~the ~~was~~Exchange ~~6,900,000~~Act).

☐ Yes ¨☐No

** The Registrant has filed all reports required to be filed by Section 13 or 15(d) of the Securities and Exchange Act of 1934, but is not required to file such reports under such sections.

TABLE OF CONTENTS

		Page
PART I.
Item 1.	Consolidated Financial Statements (Unaudited)	1
Item 2.	Management’s Discussion and Analysis or Plan of Operations.	54
Item 3.	Quantitative and Qualitative Disclosures About Market Risks.	65
Item 4.	Controls and Procedures.	65
PART II.
Item 1.	Legal Proceedings.	86
Item 1A.	Risk Factors	86
Item 2.	Unregistered Sales of Equity Securities and Use of Proceeds.	86
Item 3.	Defaults Upon Senior Securities.	86
Item 4.	Mine Safety Disclosures.	86
Item 5.	Other Information.	86
Item 6.	Exhibits.	96
SIGNATURES		107

CAUTION REGARDING FORWARD-LOOKING INFORMATION

All statements contained in this quarterly report on Form 10-Q (“Form 10-Q”), other than statements of historical facts, that address future activities, events or developments are forward-looking statements, including, but not limited to, statements containing the words “believe,” “anticipate,” “expect” and words of similar import. These statements are based on certain assumptions and analyses made by us in light of our experience and our assessment of historical trends, current conditions and expected future developments as well as other factors we believe are appropriate under the circumstances. However, whether actual results will conform to the expectations and predictions of management is subject to a number of risks and uncertainties that may cause actual results to differ materially. Such risks may include, among others, the following: national and local general economic and market conditions; our ability to sustain, manage or forecast our growth; raw material costs and availability; new product development and introduction; existing government regulations and changes in, or the failure to comply with, government regulations; adverse publicity; competition; the loss of significant customers or suppliers; fluctuations and difficulty in forecasting operating results; changes in business strategy or development plans; business disruptions; the ability to attract and retain qualified personnel; the ability to protect technology; and other factors referenced in this and previous filings.

Consequently, all of the forward-looking statements made in this Form 10-Q are qualified by these cautionary statements and there can be no assurance that the actual results anticipated by management will be realized or, even if substantially realized, that they will have the expected consequences to or effects on our business operations.

PART I.

Item 1. Financial Statements.

~~CONSOLIDATED FINANCIAL~~CEFC ~~STATEMENTS~~GLOBAL STRATEGIC HOLDINGS, INC.

~~CEFC GLOBAL~~CONSOLIDATED ~~STRATEGIC~~BALANCE ~~HOLDINGS, INC.~~SHEETS

~~CONSOLIDATED BALANCE SHEETS~~(Unaudited)

(Unaudited)

	May 31,			February 28,
	2017			2017
	- $ -			- $ -

ASSETS
Current assets
Cash	$	104,390		$	116,227
Total assets	$	104,390		$	116,227

LIABILITIES

Current liabilities
Accounts payable	$	11,900		$	5,000
Due to related party		369,425			369,425
Total current liabilities		381,325			374,425

STOCKHOLDERS’ DEFICIT
Common stock
Authorized:
100,000,000 common shares with a par value of $0.001
Issued and outstanding:
6,900,000 common shares as of May 31, 2017 and February 28, 2017		6,900			6,900
Additional paid in capital		42,100			42,100
Accumulated deficit		(325,935	)		(307,198	)
Total stockholders’ deficit		(276,935	)		(258,198	)
Total liabilities and stockholders’ deficit	$	104,390		$	116,227

	November 30, 2016 - $ -			February 29, 2016 - $ -
ASSETS
Current assets
Cash		22,055			40,480
Total assets		22,055			40,480
LIABILITIES
Current liabilities
Accounts payable		100			100
Due to related party		269,451			249,451
Total current liabilities		269,551			249,551
STOCKHOLDERS’ DEFICIT
Common stock
Authorized:
100,000,000 common shares with a par value of $0.001
Issued and outstanding:
6,900,000 common shares as of November 30, 2016 and February 29, 2016		6,900			6,900
Additional paid in capital		42,100			42,100
Accumulated deficit		(296,496	)		(258,071	)
Total stockholders’ deficit		(247,496	)		(209,071	)
Total liabilities and stockholders’ deficit		22,055			40,480

See accompanying notes to consolidated financial statements.

~~See accompanying notes to consolidated financial statements~~1

1CEFC GLOBAL STRATEGIC HOLDINGS, INC.

~~CEFC GLOBAL~~CONSOLIDATED ~~STRATEGIC~~STATEMENTS ~~HOLDINGS,~~OF ~~INC.~~OPERATIONS

~~CONSOLIDATED STATEMENTS OF OPERATIONS~~(Unaudited)

(Unaudited)

	Three months ended May 31, 2017 -$-			Three months ended May 31, 2016 -$-

OPERATING EXPENSES

General and administrative	$	18,737		$	16,642

NET LOSS	$	(18,737	)	$	(16,642	)

Basic And Diluted Loss Per Share	$	(0.00	)	$	(0.00	)

Weighted Average Number Of Common Shares Outstanding		6,900,000			6,900,000

	Three months ended November 30, 2016 -$-			Three months ended November 30, 2015 -$-			Nine months ended November 30, 2016 -$-			Nine months ended November 30, 2015 -$-
OPERATING EXPENSES
General and administrative		9,583			10,818			38,425			45,751
NET LOSS		(9,583	)		(10,818	)		(38,425	)		(45,751	)
Basic and Diluted Loss Per Share		(0.00	)		(0.00	)		(0.01	)		(0.01	)
Weighted Average Number of Common Shares Outstanding		6,900,000			6,900,000			6,900,000			6,900,000

See accompanying notes to consolidated financial statements.

~~See accompanying notes to consolidated financial statements~~1

2CEFC GLOBAL STRATEGIC HOLDINGS, INC.

~~CEFC GLOBAL~~CONSOLIDATED ~~STRATEGIC~~STATEMENTS ~~HOLDINGS,~~OF ~~INC.~~CASH FLOWS

~~CONSOLIDATED STATEMENTS OF CASH FLOWS~~(Unaudited)

(Unaudited)

	Three months ended May 31, 2017 - $ -			Three months ended May 31, 2016 - $ -

CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	$	(18,737	)	$	(16,642	)
Change in operating assets and liabilities:
Change in accounts payable		6,900			6,508

CASH FLOWS USED IN OPERATING ACTIVITIES		(11,837	)		(10,134	)

NET DECREASE IN CASH	$	(11,837	)	$	(10,134	)

Cash, beginning of period	$	116,227		$	40,480

Cash, end of period	$	104,390		$	30,346

Supplemental cash flow information:
Interest paid		-			-
Taxes paid		-			-

	Nine months ended November 30, 2016 - $ -			Nine months ended November 30, 2015 - $ -
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss		(38,425	)		(45,751	)
Change in accounts payable		-			100
CASH FLOWS USED IN OPERATING ACTIVITIES		(38,425	)		(45,651	)
CASH FLOWS FROM FINANCING ACTIVITIES:
Shareholder advances		20,000			-
CASH FLOWS PROVIDED BY FINANCING ACTIVITIES		20,000			-
NET DECREASE IN CASH		(18,425	)		(45,651	)
Cash, beginning of period		40,480			55,658
Cash, end of period		22,055			10,007
Supplemental cash flow information:
Interest paid		-			-
Taxes paid		-			-

See accompanying notes to consolidated financial statements.

~~See accompanying notes to consolidated financial statements~~2

3CEFC GLOBAL STRATEGIC HOLDINGS, INC.

~~CEFC GLOBAL~~NOTES ~~STRATEGIC~~TO ~~HOLDINGS,~~CONSOLIDATED ~~INC.~~FINANCIAL STATEMENTS

~~NOTES TO~~May ~~CONSOLIDATED~~31, ~~FINANCIAL STATEMENTS~~2017

~~November 30, 2016~~(Unaudited)

~~(Unaudited)~~1. BASIS OF PRESENTATION

1CEFC Global Strategic Holdings, Inc. ~~BASIS~~, (the “Company”) was incorporated in the State of Nevada on September 23, 2010, and its year-end is February 28. In OFconnection ~~PRESENTATION~~with the change of control which occurred on August 22, 2012, the Company intends to operate a trading business for oil, fuel and other petroleum products. In connection with its planned business operations, the Company formed a wholly owned subsidiary, China Ocean Fuel Oil (USA) Co., Limited (“China Ocean”), in Hong Kong on October 17, 2012. However, China Ocean had no operations, assets or liabilities as of May 31, 2017 and February 28, 2017.

~~CEFC~~The accompanying unaudited interim consolidated financial statements of CEFC Global Strategic Holdings, Inc., ~~(the~~have ~~“Company”)~~been ~~was~~prepared ~~incorporated~~in accordance with accounting principles generally accepted in the ~~State~~United States of ~~Nevada~~America onand ~~September~~the ~~23,~~rules ~~2010~~of the Securities and Exchange Commission ("SEC"), and ~~its~~should ~~year-end~~be isread ~~February~~in ~~28. In~~conjunction ~~connection~~ with the ~~change~~audited ofconsolidated ~~control~~financial ~~which~~statements ~~occurred~~and onnotes ~~August~~thereto ~~22,~~contained ~~2012,~~in the Company's Annual ~~intends~~Report tofiled ~~operate~~with athe ~~trading~~SEC ~~business~~on ~~for~~Form ~~oil,~~10-K. ~~fuel~~In ~~and~~the ~~other~~opinion ~~petroleum~~of ~~products. In~~management, ~~connection~~all ~~with~~adjustments, ~~its~~consisting ~~planned~~of ~~business~~normal recurring adjustments, necessary for a fair presentation of financial position and the results of operations, for the ~~Company~~interim ~~formed~~periods apresented ~~wholly~~have ~~owned~~been reflected ~~subsidiary,~~herein. ~~China~~The ~~Ocean~~results ~~Fuel~~of ~~Oil~~operations ~~(USA)~~for ~~Co.,~~our ~~Limited~~interim ~~(“China~~periods ~~Ocean”), in~~are ~~Hong~~not ~~Kong~~necessarily onindicative ~~October~~of ~~17,~~the ~~2012~~results to be expected for the full year. ~~However,~~ ~~China~~Notes ~~Ocean~~to ~~had~~the noconsolidated ~~operations,~~financial ~~assets~~statements orthat ~~liabilities~~would assubstantially ofduplicate ~~November~~the ~~30,~~disclosure contained in the audited consolidated financial statements for fiscal 2016, ~~and~~as ~~February~~reported 29in the Form 10-K, ~~2016~~have been omitted.

The ~~accompanying~~ ~~unaudited interim~~ consolidated financial statements ~~of CEFC Global Strategic Holdings, Inc., have been prepared in~~ ~~accordance~~include ~~with accounting principles generally accepted in~~ the ~~United~~accounts ~~States~~ of ~~America and~~ the ~~rules of the Securities and Exchange Commission ("SEC"), and should be read in conjunction with the audited consolidated financial statements and notes thereto contained in the~~ Company'’s ~~Annual~~wholly ~~Report~~owned ~~filed~~subsidiary, ~~with~~China ~~the~~Ocean ~~SEC~~Fuel onOil ~~Form~~(USA) ~~10-K~~Co. ~~In the opinion of management~~, ~~all~~Limited ~~adjustments,~~(“China ~~consisting~~Ocean”). ofAll ~~normal~~intercompany ~~recurring adjustments~~transactions, ~~necessary~~if ~~for~~any, ~~a fair presentation of financial position and the results of operations for the interim periods presented have been reflected herein. The results of operations for our interim periods~~ are ~~not~~eliminated ~~necessarily~~upon ~~indicative of the results to be expected for the full year~~consolidations. Notes to the consolidated financial statements that would substantially duplicate the disclosure contained in the audited consolidated financial statements for fiscal 2016, as reported in the Form 10-K, have been omitted.

~~The consolidated~~Going financial statements include the accounts of the Company’s wholly owned subsidiary, China Ocean Fuel Oil (USA) Co., Limited (“China Ocean”). All intercompany transactions, if any, are eliminated upon consolidations.Concern

~~Going~~These consolidated financial statements ~~Concern~~have been prepared on a going concern basis. The Company has incurred losses since inception resulting in an accumulated deficit of $325,935 at May 31, 2017 and further losses are anticipated in the development of its business raising substantial doubt about the Company’s ability to continue as a going concern. Its ability to continue as a going concern is dependent upon the ability of the Company to generate profitable operations in the future and/or to obtain the necessary financing to meet its obligations and repay its liabilities arising from normal business operations when they come due. Management has plans to seek additional capital through a private placement of its common stock or further shareholder loans as needed. These financial statements do not include any adjustments relating to the recoverability and classification of recorded assets, or the amounts of and classification of liabilities that might be necessary in the event the Company cannot continue.

~~These consolidated financial statements have been prepared on a going concern basis~~2. ~~The Company has incurred losses since inception~~ RELATED ~~resulting~~PARTY in an accumulated deficit of $296,496 at November 30, 2016 and further losses are anticipated in the development of its business raising substantial doubt about the Company’s ability to continue as a going concern. Its ability to continue as a going concern is dependent upon the ability of the Company to generate profitable operations in the future and/or to obtain the necessary financing to meet its obligations and repay its liabilities arising from normal business operations when they come due. Management has plans to seek additional capital through a private placement of its common stock or further shareholder loans as needed. These financial statements do not include any adjustments relating to the recoverability and classification of recorded assets, or the amounts of and classification of liabilities that might be necessary in the event the Company cannot continue.TRANSACTIONS

2Shareholder advances represent advances made to us by our majority shareholder, Sino Ocean Fuel Holdings Limited (formerly known as Formula One Investments Limited), for working capital purposes amounting to $369,425 at May 31, 2017 and February 28, 2017. ~~RELATED~~ These advances are non-interest ~~PARTY~~bearing, ~~TRANSACTIONS~~due upon demand and are unsecured.

Shareholder advances represent advances made to us by our majority shareholder, Sino Ocean Fuel Holdings Limited (formerly known as Formula One Investments Limited), for working capital purposes amounting to $269,451 and $249,451 at November 30, 2016 and February 29, 2016, respectively. These advances are non-interest bearing, due upon demand and are unsecured.3

4Item 2. Management’s Discussion and Analysis or Plan of Operations

~~Item~~The ~~2. Management’s~~following discussion provides ~~Discussion~~information that we believe is relevant to an assessment and ~~Analysis~~understanding orof ~~Plan~~the results of ~~Operations~~operations and financial condition of our company. It should be read in conjunction with the financial statements and accompanying notes.

~~The following~~Plan ~~discussion provides information that we believe is relevant to an assessment and understanding~~ of ~~the results of operations and financial condition of our company. It should be read in conjunction with the financial statements and accompanying notes.~~Operation

~~Plan~~Our Company was originally incorporated on September 23, 2010 in the State of ~~Operation~~Nevada under the name “Astra Ventures, Inc.” On December 10, 2013, we filed a Certificate of Amendment with the Nevada Secretary of State which became effective on December 10, 2013, to change our name to “CEFC Global Strategic Holdings, Inc.” We originally planned to commence business operations by obtaining distribution rights for television programming and specialty films such as reality television and extreme sports programming for reproduction and distribution across multiple markets and formats in the United States and worldwide. However, in connection with the change of control transaction that closed on August 22, 2012 and which is more fully described below under the section below titled “Our Management,” we appointed a new executive management team and changed our planned business operations.

~~Our Company~~We ~~was~~now ~~originally~~intend ~~incorporated~~to onstart ~~September~~operating a 23trading business, ~~2010~~leveraging inour ~~the~~executive ~~State~~management’s ofextensive ~~Nevada~~experience ~~under~~in the ~~name~~trading ~~“Astra~~of ~~Ventures~~oil, ~~Inc~~fuel and other petroleum products.” On ~~December~~ 10October 17, ~~2013~~2012, we ~~filed~~completed athe ~~Certificate~~formation of ~~Amendment~~our ~~with~~new ~~the~~wholly ~~Nevada~~owned ~~Secretary~~subsidiary oftrading ~~State~~company, ~~which~~China Ocean ~~became~~Fuel ~~effective~~Oil on(USA) ~~December 10~~Co., ~~2013,~~ toLimited ~~change~~(“China ~~our~~Ocean”), ~~name~~in toHong ~~“CEFC~~Kong ~~Global~~through ~~Strategic~~which ~~Holdings,~~we ~~Inc.” We~~plan ~~originally~~to ~~planned~~engage toin ~~commence~~trading ~~business~~petroleum ~~operations~~and bypetrochemical ~~obtaining~~products. Our ~~distribution~~management ~~rights~~team ~~for~~is ~~television~~currently ~~programming~~engaging ~~and~~in ~~specialty~~business ~~films~~development ~~such~~and aswe ~~reality~~plan ~~television~~to ~~and~~commence ~~extreme~~our ~~sports~~trading ~~programming~~operations ~~for~~through ~~reproduction~~China ~~and~~Ocean. Our ~~distribution~~business ~~across~~office ~~multiple~~will ~~markets~~be ~~and~~located ~~formats~~ in ~~the~~Hong ~~United~~Kong ~~States~~ and ~~worldwide. However,~~we may also set up sales offices in ~~connection~~China ~~with~~in the ~~change~~future. Our ofsuppliers ~~control~~will ~~transaction~~be ~~that~~mainly ~~closed~~from onsources ~~August~~based ~~22,~~in ~~2012~~the ~~and~~Middle ~~which~~East isand ~~more~~our ~~fully~~targeted ~~described below under~~customers ~~the~~will ~~section~~be ~~below~~buyers ~~titled~~from ~~“Our~~mainland ~~Management~~China,” weHong ~~appointed~~Kong aand ~~new~~Asia. We ~~executive~~plan ~~management~~to ~~team~~finance ~~and~~our ~~changed~~trading ~~our~~business ~~planned~~through bank financings and ~~business~~private ~~operations~~loans.

We ~~now~~ also intend to ~~start~~explore ~~operating a trading business, leveraging our executive management’s extensive experience in the trading~~investment ofopportunities ~~oil,~~mainly ~~fuel and other petroleum products. On October 17, 2012, we completed the formation of our new wholly owned subsidiary trading company, China Ocean Fuel Oil (USA) Co., Limited (“China Ocean”),~~ in ~~Hong~~energy-related ~~Kong through which we plan to engage in trading petroleum and petrochemical products~~projects. ~~Our~~ ~~management~~We ~~team~~anticipate israising ~~currently~~funds ~~engaging~~for inthese ~~business~~investments ~~development and we plan to commence our trading operations~~ through ~~China~~public ~~Ocean. Our~~or ~~business~~private ~~office will be located in Hong Kong~~equity ~~and~~or wedebt ~~may~~financings ~~also set up sales offices in China in the future. Our suppliers will be mainly from sources based in the Middle East~~ and ~~our targeted customers will be buyers from mainland China, Hong Kong and Asia. We plan to finance our trading business through~~ bank ~~financings and private~~ loans.

We have not yet started operations ~~also~~or ~~intend~~generated or realized any revenues from business operations. Our auditors have issued a going concern opinion based on our prior business operations. This means that there is substantial doubt that we can continue as an ongoing business for the next twelve months unless we obtain additional capital. We do not expect to ~~explore~~generate ~~investment~~any ~~opportunities~~revenue ~~mainly~~until inwe ~~energy-related~~commence operations ~~projects~~under our new business plan. Accordingly, we must raise cash from other sources. We ~~anticipate~~currently have ~~raising~~no ~~funds~~arrangements in place for ~~these~~additional ~~investments through~~financing. Our ~~public~~success or ~~private~~failure ~~equity~~will orbe ~~debt~~initially ~~financings~~determined by the availability of additional financing and ~~bank~~thereafter ~~loans~~by our success in implementing our business plan.

~~We have~~Our ~~not~~current ~~yet~~cash ~~started~~resources ~~operations~~are orinsufficient to ~~generated~~finance orour ~~realized~~planned ~~any revenues from business operations~~expenditures. ~~Our~~To ~~auditors~~successfully ~~have~~commence ~~issued a going concern opinion based on~~ our ~~prior~~planned ~~business~~ operations~~. This~~ ~~means that there is substantial doubt that~~ we ~~can~~ ~~continue~~will asneed anto ~~ongoing~~raise ~~business for the next twelve months unless we obtain~~ additional ~~capital~~ financing. We doanticipate ~~not~~raising ~~expect to~~the ~~generate~~funds ~~any~~through ~~revenue~~either ~~until~~private weloans, ~~commence~~the ~~operations~~public ~~under~~and/or ~~our~~private ~~new~~sale ~~business~~of ~~plan. Accordingly,~~our wecommon stock ~~must~~or ~~raise~~bank ~~cash from other sources~~financing. We ~~currently~~ have no ~~arrangements~~third inparty ~~place~~financing ~~for~~commitments, ~~additional~~and our ability to raise financing~~. Our~~ ~~success~~in orthe ~~failure~~equity ~~will~~markets beare ~~initially~~uncertain ~~determined~~as by the ~~availability~~equity ofmarkets, ~~additional~~in ~~financing~~recent ~~and~~years, ~~thereafter~~have bybeen ~~our~~depressed ~~success~~especially infor ~~implementing~~start-up ~~our business plan~~companies.

Our ~~current~~ cash resources are insufficient to finance our planned expenditures. To successfully commence our planned operations we will need to raise additional financing. We anticipate raising the funds through either private loans, the public and/or private sale of our common stock or bank financing. We have no third party financing commitments, and our ability to raise financing in the equity markets are uncertain as the equity markets, in recent years, have been depressed especially for start-up companies.Management

~~Our~~On August 22, 2012, Sino Ocean Fuel ~~Management~~Holdings Limited (formerly known as “Formula One Investments Limited”), a British Virgin Islands company (“Sino Ocean”) acquired in private stock sale transactions an aggregate 4,200,000 shares (the “Shares”) of the Company’s common stock (the “Common Stock”) from Sieg Badke, who prior to the Closing Date was the majority shareholder and the sole director and executive officer of the Company, and from other former individual stockholders of the Company, through which Sino Ocean acquired an additional 200,000 shares of the Company’s Common Stock. Following the closing of these private stock sale transactions and the change in control, Sino Ocean owned an aggregate 4,200,000 shares of the Company’s Common Stock, representing 60.87% of the issued and outstanding the Company’s Common Stock as of August 22, 2012 (the “Closing Date”). In connection with the change of control, effective upon the Closing Date: (a) Sieg Badke resigned as the Company’s sole director, Chief Executive Officer, President, Chief Financial Officer, Treasurer and Vice President; (b) Jesse Hahn resigned as the Company’s Secretary; (c) Mao Zhao, was appointed as the Chief Executive Officer and Director; (d) Chau To Chan was appointed as President and Chairman of the Board of Directors; (e) Qinzhen Li was appointed as Chief Financial Officer, Treasurer and Secretary of the Company; and (f) Yong Li was appointed as a member of the Board of Directors.

~~On August~~Effective ~~22,~~on ~~2012~~March 18, ~~Sino Ocean Fuel Holdings Limited (formerly known as “Formula One Investments Limited”)~~2014, ~~a British~~Ms. ~~Virgin~~Mao ~~Islands~~Zhao ~~company~~resigned ~~(“Sino~~as ~~Ocean”) acquired in private stock sale transactions an aggregate 4,200,000 shares (~~the ~~“Shares”)~~ ~~of the~~ Company’s ~~common~~Chief ~~stock~~Executive ~~(the~~Officer ~~“Common Stock”) from Sieg Badke, who prior to the Closing Date was the majority shareholder~~ and the ~~sole~~Company’s ~~director~~board ~~and executive officer~~ of ~~the~~directors ~~Company,~~appointed ~~and~~Mr. ~~from other former individual~~Yadong ~~stockholders~~Liu of(“Mr. ~~the~~Liu”) ~~Company,~~as ~~through which Sino Ocean acquired an additional 200,000 shares of~~ the Company’s ~~Common~~new ~~Stock. Following~~Chief ~~the~~Executive ~~closing~~Officer ofto ~~these~~replace ~~private~~Ms. ~~stock~~Zhao. ~~sale~~In ~~transactions~~addition, ~~and~~Mr. ~~the~~Liu ~~change~~was inalso appointed ~~control,~~as ~~Sino~~a ~~Ocean~~new ~~owned~~member ~~an aggregate 4,200,000 shares~~ of the Company’s ~~Common~~board ~~Stock,~~of ~~representing 60~~directors.~~87%~~ ofThe ~~the issued and outstanding the~~ Company’s ~~Common Stock~~board as of ~~August~~directors ~~22,~~approved ~~2012~~an ~~(the “Closing Date”). In connection with the change of control, effective~~increase ~~upon~~in the ~~Closing~~authorized ~~Date:~~number ~~(a)~~of ~~Sieg~~directors ~~Badke~~from ~~resigned~~three asto ~~the~~four ~~Company’s~~on ~~sole~~March ~~director~~18, ~~Chief~~2014 ~~Executive~~in ~~Officer,~~conjunction ~~President,~~with ~~Chief Financial~~the ~~Officer,~~appointment ~~Treasurer~~of ~~and~~Mr. ~~Vice~~Liu ~~President; (b) Jesse Hahn resigned~~ as ~~the Company’s Secretary; (c) Mao Zhao, was appointed~~a asnew ~~the~~member ~~Chief Executive Officer and Director; (d) Chau To Chan was appointed as President and Chairman~~ of the ~~Board~~board of ~~Directors; (e)~~directors. ~~Qinzhen~~On LiMay ~~was~~28, ~~appointed as Chief Financial Officer~~2014, ~~Treasurer~~Ms. ~~and~~Mao ~~Secretary~~Zhao ofresigned ~~the Company; and (f) Yong Li was appointed~~ as a member of the ~~Board~~Company’s board of ~~Directors~~directors.

Effective on March 18, 2014, Ms. Mao Zhao resigned as the Company’s Chief Executive Officer and the Company’s board of directors appointed Mr. Yadong Liu (“Mr. Liu”) as the Company’s new Chief Executive Officer to replace Ms. Zhao. In addition, Mr. Liu was also appointed as a new member of the Company’s board of directors. The Company’s board of directors approved an increase in the authorized number of directors from three to four on March 18, 2014 in conjunction with the appointment of Mr. Liu as a new member of the board of directors. On May 28, 2014, Ms. Mao Zhao resigned as a member of the Company’s board of directors.4

5Results of Operations

~~Results~~Three-Month Periods Ended ofMay ~~Operations~~31, 2017 and 2016

~~Three-Month~~We did not earn any revenues during ~~Periods~~the ~~Ended~~three-month ~~November~~periods 30ended May 31, ~~2016~~2017 and ~~2015~~2016.

We ~~did~~ ~~not~~incurred ~~earn~~operating ~~any~~expenses ~~revenues~~in the ~~during~~amount of $18,737 for the three-month ~~periods~~period ended ~~November~~May 3031, 2017 as compared to $16,642 for the three-month period ended May 31, 2016. These operating expenses comprised of general and ~~2015~~administrative expenses.

~~We incurred~~Liquidity operating expenses in the amount of $9,583 for the three-month period ended November 30, 2016 as compared to $10,818 for the three-month period ended November 30, 2015. These operating expenses comprised of general and ~~administrative expenses.~~Capital Resources

~~Nine~~Net cash used in operating activities for the three-~~Month~~month period ended May 31, 2017 was primarily attributable to general and administrative expenses. Net cash used ~~Periods~~in ~~Ended~~operating ~~November~~activities 30for the three months ended May 31, 2016 was also primarily attributable to general and ~~2015~~administrative expenses.

We are currently dependent on funds ~~also~~raised ~~did~~through ~~not~~shareholder ~~earn~~advances ~~any~~from ~~revenues~~our ~~during~~majority ~~the~~shareholder, ~~nine-month~~Sino ~~periods~~Ocean. Since ~~ended~~our ~~November~~inception 30on September 23, 2010, ~~2016~~we have raised proceeds of $49,000 in cash from the sale of our common stock, and ~~2015~~we have received a total of $369,425 in advances from Sino Ocean for working capital purposes.

We ~~incurred~~ ~~operating~~currently ~~expenses~~do innot ~~the~~have ~~amount~~any ofcredit facilities ~~$38,425~~or other commitments for ~~the~~debt ~~nine-month~~or ~~period~~equity ~~ended~~financing. No ~~November~~assurances ~~30,~~can ~~2016~~be asgiven ~~compared~~that advances when needed will be available. We need additional funding to ~~$45~~undertake our operations. Private capital,~~751 for~~ ~~the~~if ~~nine-month~~sought, ~~period~~will ~~ended~~be ~~November~~sought from 30private and institutional investors. To date, ~~2015~~we have not sought any funding source and have not authorized any person or entity to seek out funding on our behalf. ~~These~~ If ~~operating~~a ~~expenses~~market ~~comprised~~for our shares ever develops, of ~~general~~which ~~and~~there ~~administrative~~can be no assurances, ~~expenses~~we will use shares to compensate employees/consultants and independent contractors wherever possible.

~~Liquidity~~We will incur ongoing expenses associated with professional fees for accounting, legal, and ~~Capital~~a ~~Resources~~host of other expenses in connection with the required filings with the SEC that are associated with being a public company. We estimate that these costs will be approximately $100,000 per year for the next few years and will be higher if we commence operations under our new business plan and our business activity increases. These obligations will reduce our ability and resources to fund other aspects of our business. We hope to be able to use our status as a public company to increase our ability to use non-cash means of settling obligations and compensate certain independent contractors who provide professional services to us, although there can be no assurances that we will be successful in any of those efforts.

~~Net cash~~Item ~~used~~3. inQuantitative ~~operating activities for the nine-month period ended November 30, 2016 was primarily attributable to general~~ and ~~administrative~~ ~~expenses.~~Qualitative ~~Net~~Disclosures ~~cash~~About ~~used~~Market ~~in operating activities for the nine months ended November 30, 2015 was also primarily attributable to general and administrative expenses.~~Risks

~~We are~~As ~~currently~~a ~~dependent~~smaller onreporting ~~funds~~company ~~raised through shareholder advances from our majority shareholder, Sino Ocean. Since~~(as ~~our~~defined ~~inception~~in onRule ~~September~~12b-2 ~~23, 2010, we have raised proceeds~~ of ~~$49,000 in cash from~~ the ~~sale~~Exchange ~~of our common stock~~Act), ~~and~~ we ~~have received~~are anot ~~total~~required ofto ~~$269,451~~provide inthe ~~advances~~information ~~from~~called ~~Sino Ocean~~ for ~~working~~by ~~capital~~this ~~purposes~~Item 3.

~~We currently~~Item ~~do not have any credit facilities or other commitments for debt or equity financing~~4. No ~~assurances~~Controls ~~can be given that advances when needed will be available. We need additional funding to undertake our operations. Private capital, if sought, will be sought from private~~ and institutional investors. To date, we have not sought any funding source and have not authorized any person or entity to seek out funding on our behalf. If a market for our shares ever develops, of which there can be no assurances, we will use shares to compensate employees/consultants and independent contractors wherever possible.Procedures

~~We will~~Evaluation ~~incur ongoing expenses associated with professional fees for accounting, legal, and a host~~ of ~~other~~Disclosure expenses in connection with the required filings with the SEC that are associated with being a public company. We estimate that these costs will be approximately $100,000 per year for the next few years and will be higher if we commence operations under our new business plan and our business activity increases. These obligations will reduce our ability and resources to fund other aspects of our business. We hope to be able to use our status as a public company to increase our ability to use non-cash means of settling obligations and compensate certain independent contractors who provide professional services to us, although there can be no assurances that we will be successful in any of those efforts.Controls

~~Item~~As of May 31, 2017, we carried out ~~3. Quantitative~~an evaluation, under the supervision and ~~Qualitative~~with ~~Disclosures~~the ~~About~~participation ~~Market~~of ~~Risks~~our management, including our chief executive officer and chief financial officer, of the effectiveness of our disclosure controls and procedures, as defined in Rules 13a-15(e) and 15d-15(e) under the Securities Exchange Act of 1934, as amended (the “Exchange Act”).

~~As a~~Limitations ~~smaller~~on ~~reporting company (as defined in Rule 12b-2 of~~ the ~~Exchange Act), we are not required to provide the information called~~Effectiveness ~~for~~of ~~by this Item 3.~~Controls

~~Item~~Our management does not expect that 4our disclosure controls or our internal controls over financial reporting will prevent all error and fraud. ~~Controls~~ A control system, no matter how well conceived and ~~Procedures~~operated, can provide only reasonable, but no absolute, assurance that the objectives of a control system are met. Further, any control system reflects limitations on resources, and the benefits of a control system must be considered relative to its costs. These limitations also include the realities that judgments in decision-making can be faulty and that breakdowns can occur because of simple error or mistake. Additionally, controls can be circumvented by the individual acts of some persons, by collusion of two or more people or by management override of a control. A design of a control system is also based upon certain assumptions about potential future conditions; over time, controls may become inadequate because of changes in conditions, or the degree of compliance with the policies or procedures may deteriorate. Because of the inherent limitations in a cost-effective control system, misstatements due to error or fraud may occur and may not be detected.

~~Evaluation of Disclosure Controls~~Conclusions

~~As of~~Based ~~November~~upon ~~30,~~their ~~2016, we carried out an~~ evaluation, ~~under~~of ~~the~~our disclosure ~~supervision~~controls and ~~with~~procedures ~~the~~as ~~participation~~ of ~~our~~May ~~management~~31, ~~including~~ 2017, our chief executive officer and chief financial officer have concluded that, subject ofto the ~~effectiveness~~limitations ofnoted ~~our~~above, the disclosure controls ~~and~~were ~~procedures,~~effective asto ~~defined~~provide reasonable assurance that information required to be disclosed in ~~Rules~~the ~~13a-15(e)~~reports ~~and~~filed ~~15d-15(e)~~or ~~under~~submitted by the ~~Securities~~Company under the Exchange Act ofis ~~1934~~recorded, asprocessed, ~~amended~~summarized and (reported within the “time periods specified in the Securities and Exchange ~~Act”)~~Commission’s rules and forms and that such information is accumulated and communicated to our management, including our chief executive officer and chief financial officer, as appropriate, to allow timely decisions regarding required disclosure.

6Changes in internal control over financial reporting

~~Limitations~~There have been no changes during the period covered by this Quarterly Report on ~~the~~Form ~~Effectiveness~~10-Q ofin ~~Controls~~our internal control over financial reporting that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.

Our management does not expect that our disclosure controls or our internal controls over financial reporting will prevent all error and fraud. A control system, no matter how well conceived and operated, can provide only reasonable, but no absolute, assurance that the objectives of a control system are met. Further, any control system reflects limitations on resources, and the benefits of a control system must be considered relative to its costs. These limitations also include the realities that judgments in decision-making can be faulty and that breakdowns can occur because of simple error or mistake. Additionally, controls can be circumvented by the individual acts of some persons, by collusion of two or more people or by management override of a control. A design of a control system is also based upon certain assumptions about potential future conditions; over time, controls may become inadequate because of changes in conditions, or the degree of compliance with the policies or procedures may deteriorate. Because of the inherent limitations in a cost-effective control system, misstatements due to error or fraud may occur and may not be detected.5

~~Conclusions~~PART II - OTHER INFORMATION

~~Based upon~~Item ~~their~~1. ~~evaluation~~Legal of our disclosure controls and procedures as of November 30, 2016, our chief executive officer and chief financial officer have concluded that, subject to the limitations noted above, the disclosure controls were effective to provide reasonable assurance that information required to be disclosed in the reports filed or submitted by the Company under the Exchange Act is recorded, processed, summarized and reported within the time periods specified in the Securities and Exchange Commission’s rules and forms and that such information is accumulated and communicated to our management, including our chief executive officer and chief financial officer, as appropriate, to allow timely decisions regarding required disclosure.Proceedings

~~Changes in internal control over financial reporting~~None.

~~There have~~Item ~~been~~1A. noRisk changes during the period covered by this Quarterly Report on Form 10-Q in our internal control over financial reporting that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.Factors

7As a smaller reporting company (as defined in Rule 12b-2 of the Exchange Act), we are not required to provide the information called for by this Item 1A.

~~PART II~~Item -2. ~~OTHER~~Unregistered ~~INFORMATION~~Sales of Equity Securities and Use of Proceeds

~~Item~~There were no unregistered sales ~~1. Legal~~of ~~Proceedings~~equity securities during the three month period ended May 31, 2017.

~~None~~Item 3. Defaults Upon Senior Securities

~~Item 1A~~None. ~~Risk Factors~~

~~As a~~Item ~~smaller~~4. ~~reporting~~Mine ~~company~~Safety ~~(as defined in Rule 12b-2 of the Exchange Act), we are not required to provide the information called for by this Item 1A.~~Disclosures

~~Item 2. Unregistered~~Not ~~Sales of Equity Securities and Use of Proceeds~~applicable.

~~There were~~Item no5. ~~unregistered~~Other ~~sales of equity securities during the three-month period ended November 30, 2016.~~Information

~~Item 3~~None. ~~Defaults Upon Senior Securities~~

~~None~~Item 6. Exhibits

~~Item~~(a) The ~~4. Mine~~following ~~Safety~~documents ~~Disclosures~~are filed as part of this Report:

~~Not applicable.~~(1) Financial statements filed as part of this Report:

~~Item 5. Other~~(i) ~~Information~~Consolidated Balance Sheets as of May 31, 2017 and February 28, 2017 (Unaudited); (ii) Consolidated Statements of Operations for the three months ended May 31, 2017 and 2016 (Unaudited); (iii) Consolidated Statements of Cash Flows for the three months ended May 31, 2017 and 2016 (Unaudited); (iv) Notes to Consolidated Financial Statements (Unaudited)

~~None.~~(2) Exhibits filed as part of this Report:

Exhibit
Number		Description

31.1		Certification of Chief Executive Officer pursuant to Rule 13a-15e or 15d-15(e), as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002

31.2		Certification of Chief Financial Officer pursuant to Rule 13a-15e or 15d-15(e), as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002

32.1		Certification of Chief Executive Officer 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 Chief Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002

Item 6. Exhibits

101.INS		XBRL Instance Document

101.SCH		XBRL Taxonomy Extension Schema Document

101.CAL		XBRL Taxonomy Extension Calculation Linkbase Document

101.DEF		XBRL Taxonomy Extension Definition Linkbase Document

101.LAB		XBRL Taxonomy Extension Label Linkbase Document

101.PRE		XBRL Taxonomy Extension Presentation Linkbase Document

~~(a) The following documents are filed as part of this Report:~~6

~~(1) Financial statements filed as part of this Report:~~SIGNATURES

~~(i)~~Pursuant ~~Consolidated~~to ~~Balance~~the ~~Sheets~~requirements as of the ~~November~~Securities ~~30,~~Exchange ~~2016~~Act ~~and~~of ~~February 29~~1934, ~~2016 (Unaudited); (ii) Consolidated Statements of Operations for~~ the ~~three~~registrant ~~and~~has ~~nine~~duly ~~months~~caused ~~ended~~this ~~November~~report ~~30,~~to ~~2016~~be ~~and~~signed ~~2015~~on ~~(Unaudited);~~its ~~(iii)~~behalf ~~Consolidated~~by ~~Statements of Cash Flows for~~ the ~~nine months ended November 30~~undersigned, thereunto ~~2016~~duly ~~and 2015 (Unaudited); (iv) Notes to Consolidated Financial Statements (Unaudited)~~authorized.

(2) Exhibits filed as part of this Report:

Date: July 17, 2017	CEFC GLOBAL STRATEGIC HOLDINGS, INC.
	(Registrant)

	By:	/s/ Yadong Liu
	Name:	Yadong Liu
	Title:	Chief Executive Officer

	By:	/s/ Qinzhen Li
	Name:	Qinzhen Li
	Title:	Chief Financial Officer

Exhibit
Number		Description
31.1		Certification of Chief Executive Officer pursuant to Rule 13a-15e or 15d-15(e), as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
31.2		Certification of Chief Financial Officer pursuant to Rule 13a-15e or 15d-15(e), as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
32.1		Certification of Chief Executive Officer 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 Chief Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002

101.INS		XBRL Instance Document
101.SCH		XBRL Taxonomy Extension Schema Document
101.CAL		XBRL Taxonomy Extension Calculation Linkbase Document
101.DEF		XBRL Taxonomy Extension Definition Linkbase Document
101.LAB		XBRL Taxonomy Extension Label Linkbase Document
101.PRE		XBRL Taxonomy Extension Presentation Linkbase Document

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	CEFC GLOBAL STRATEGIC HOLDINGS, INC.
	(Registrant)
Date: January 13, 2017	By:	/s/ Yadong Liu
	Name:	Yadong Liu
	Title:	Chief Executive Officer
Date: January 13, 2017	By:	/s/ Qinzhen Li
	Name:	Qinzhen Li
	Title:	Chief Financial Officer

Filing Compare · CEFC GLOBAL STRATEGIC HOLDINGS, INC.