FORM 10-Q U.S. SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549

~~U.S.~~x QUARTERLY ~~SECURITIES~~REPORT ~~AND~~PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ~~COMMISSION~~ACT OF 1934

~~Washington,~~For ~~D.C.~~the ~~20549~~quarterly period ended May 31, 2010

x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended February 28, 2010

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

SECURITIES EXCHANGE ACT OF 1934

For the transition period from ________ to ________

Commission file number 000-53858

CHINA HIGH TECHNOLOGY ACQUISITION CORP. (Exact name of registrant as specified in its charter)

(Exact name of registrant as specified in its charter)


Delaware	98-0644302
(State or other jurisdiction of incorporation or organization)	(I.R.S. Employer Identification Number)

Delaware		98-0644302
(State or other jurisdiction		(I.R.S. Employer Identification Number)
of incorporation or organization)

27^th Floor, Profit Plaza, No.76 West HuangPu Road, Guangzhou, PRC 510000
(Address of principal executive offices)

~~27th~~+86-203-847-0450 (Registrant’s ~~Floor,~~telephone ~~Profit Plaza~~number, ~~No.76~~including ~~West~~area ~~HuangPu Road, Guangzhou, PRC 510000~~code)

No change (~~Address~~Former ofname, ~~principal~~former ~~executive~~address ~~offices~~and former fiscal year, if changed since last report)

+86-203-847-0450

(Registrant’s telephone number, including area code)

No change

(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 x No o.

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 (§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 o No o

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

Large accelerated filer o Accelerated filer o Non-accelerated filer o Smaller reporting company x

Non-accelerated filer o Smaller reporting company x.

(Do not check if a smaller reporting company)

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes x No o.

APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY PROCEEDINGS DURING THE PRECEDING FIVE YEARS:

THE PRECEDING FIVE YEARS:

Indicate by check mark whether the registrant has filed all documents and reports required to be filed by Sections 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 o.

APPLICABLE ONLY TO CORPORATE ISSUERS:

Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date: 1,000,000 shares of common stock, par value $.0001 per share, outstanding as of ~~April~~July 1413, 2010.

CHINA HIGH TECHNOLOGY ACQUISITION CORP. (A Development Stage Enterprise)

(A Development Stage Enterprise)

- INDEX -


PART I — FINANCIAL INFORMATION:
Item 1.	Financial Statements:
	Balance Sheets as of February 28, 2010 (Unaudited) and November 30, 2009	1
	Statements of Operations (Unaudited) for the Three Months Ended February 28, 2010 and for the Period from August 14, 2009 (Inception) through February 28, 2010	2
	Statements of Cash Flows (Unaudited) for the Three Months Ended February 28, 2010 and for the Period August 14, 2009 (Inception) through February 28, 2010 (Unaudited)	3
	Statement of Stockholder’s Deficit for the Period August 14, 2009 (Inception) through February 28, 2010 (Unaudited)	4
	Notes to Financial Statements	5
Item 2.	Management’s Discussion and Analysis of Financial Condition and Results of Operations	9
Item 3.	Quantitative and Qualitative Disclosures About Market Risk	12
Item 4.	Controls and Procedures	12
PART II — OTHER INFORMATION:
Item 1.	Legal Proceedings	12
Item 1A.	Risk Factors	12
Item 2.	Unregistered Sales of Equity Securities and Use of Proceeds	13
Item 3.	Defaults Upon Senior Securities	13
Item 4.	Submission of Matters to a Vote of Security Holders	13
Item 5.	Other Information	13
Item 6.	Exhibits	14
Signatures		15

Page

PART I – FINANCIAL INFORMATION

Item 1. Financial Statements.


Item 1.	Financial Statements.

	Balance Sheets as of May 31, 2010 (Unaudited) and November 30, 2009	1

	Statements of Operations (Unaudited) for the three and six months ended May 31, 2010 and for the cumulative period August 14, 2009 (Inception) through May 31, 2010	2

	Statements of Cash Flows (Unaudited) for the six months ended May 31, 2010 and for the cumulative period August 14, 2009 (Inception) through May 31, 2010 (Unaudited)	3

	Statement of Stockholder’s Deficit for the period August 14, 2009 (Inception) through May 31, 2010 (Unaudited)	4

	Notes to Financial Statements	5

Item 2.	Management’s Discussion and Analysis of Financial Condition and Results of Operations	9

Item 3.	Quantitative and Qualitative Disclosures About Market Risk	12

Item 4.	Controls and Procedures	12

PART II – OTHER INFORMATION:

Item 1.	Legal Proceedings	12

Item 1A.	Risk Factors	12

Item 2.	Unregistered Sales of Equity Securities and Use of Proceeds	12

Item 3.	Defaults Upon Senior Securities	12

Item 4.	Removed and Reserved	13

Item 5.	Other Information	13

Item 6.	Exhibits	13

Signatures		14

~~China~~Item ~~High Technology Acquisition Corp~~1. (AFinancial ~~Development Stage Enterprise) BALANCE SHEETS~~Statements

	February 28, 2010
	(unaudited)
ASSETS
Current Assets	$	0		0
Total Assets		0		0
LIABILITIES AND STOCKHOLDER’S DEFICIT
Current Liabilities
Accrued expenses payable	$	16,424		15,532
Total Liabilities		16,424		15,532
Stockholder’s Deficit
Preferred Stock-$0.0001 par value; 10,000,000 authorized shares; none outstanding		0		0
Common Stock-$0.0001par value; 100,000,000 and 200,000,000 authorized shares at February 28, 2010 and November 30, 2009, respectively;1,000,000 shares issued and outstanding		100		100
Additional paid-in capital		24,900		24,900
Subscription receivable		(25,000	)	(25,000	)
Deficit accumulated during development stage		(16,424	)	(15,532	)
Total Stockholder’s Deficit		(16,424	)	(15,532	)
Total Liabilities and Stockholder’s Deficit	$	0		0

China High Technology Acquisition Corp.
(A Development Stage Enterprise)
BALANCE SHEETS

See accompany notes to financial statements


	May 31, 2010 (Unaudited)			November 30, 2009
ASSETS
Current Assets	$	0		$	0

Total Assets	$	0		$	0


LIABILITIES AND STOCKHOLDER’S DEFICIT
Current Liabilities
Accrued expenses payable	$	35,334		$	15,532

Total Liabilities		35,334			15,532

Stockholder’s Deficit
Preferred Stock-$0.0001 par value; 10,000,000 authorized shares; none outstanding		0			0
Common Stock-$0.0001 par value; 100,000,000 and 200,000,000 authorized shares; 1,000,000 shares issued and outstanding		100			100
Additional paid-in capital		24,900			24,900
Subscription receivable		(25,000	)		(25,000	)
Deficit accumulated during development stage		(35,334	)		(15,532	)

Total Stockholder’s Deficit		(35,334	)		(15,532	)

Total Liabilities and Stockholder’s Deficit	$	0		$	0

1 See accompanying notes to financial statements

~~China High Technology Acquisition Corp. (A Development Stage Enterprise) STATEMENTS OF OPERATIONS~~1

	Three months ended February 28, 2010 (unaudited)			Cumulative August 14, 2009 (inception) to February 28, 2010
General and administrative expenses	$	892		$	16,424
Total expenses		892			16,424
Net loss		(892	)		(16,424	)
Basic and diluted net loss per share	$	(0.0013	)
Weighted-Average Common Shares Outstanding		691,919

China High Technology Acquisition Corp.
(A Development Stage Enterprise)
STATEMENTS OF OPERATIONS
(Unaudited)

See accompanying notes to financial statements


	Three months ended May 31, 2010			Six months ended May 31, 2010			Cumulative August 14, 2009 (inception) to May 31, 2010

General and administrative expenses	$	18,910		$	19,802		$	35,334

Total expenses		18,910			19,802			35,334

Net loss	$	(18,910)		$	(19,802)		$	(35,334)

Basic and diluted net loss per share	$	(0.02	)	$	(0.03	)
Weighted-Average Common
Shares Outstanding		789,655			789,655

2 See accompanying notes to financial statements

~~China High Technology Acquisition Corp. (A Development Stage Enterprise) STATEMENTS OF CASH FLOWS (unaudited)~~2

	Three months ended February 28, 2010			Cumulative August 14, 2009 (inception) to February 28, 2010
Cash Flows from Operating Activities:
Net loss	$	(892	)	$	(16,424	)
Adjustments to reconcile net loss to net cash from operating activities:
Accrued expenses payable		892			16,424
Net Cash from Operating Activities		0			0
Net Change in Cash		0			0
Cash at Beginning of Period		0			0
Cash at End of Period	$	0		$	0

China High Technology Acquisition Corp.
(A Development Stage Enterprise)
STATEMENTS OF CASH FLOWS
(Unaudited)

See accompanying notes to financial statements


	Six months ended May 31, 2010			Cumulative August 14, 2009 (inception) to May 31, 2010

Cash Flows from Operating Activities:
Net loss	$	(19,802	)	$	(35,334	)
Adjustments to reconcile net loss to net cash from operating activities:
Accrued expenses payable		19,802			35,334

Net Cash from Operating Activities		0			0


Net Change in Cash		0			0

Cash at Beginning of Period		0			0

Cash at End of Period	$	0		$	0

3 See accompanying notes to financial statements

~~China High Technology Acquisition Corp. (A Development Stage Enterprise) STATEMENTS OF STOCKHOLDER’S DEFICIT~~3

	Common Stock
	Shares		Amount		Additional Paid-in Capital		Subscription Receivable			Deficit Accumulated During Development Stage			Total Stockholder’s Deficit
Balance at Aug. 14, 2009		0	$	0	$	0	$	0		$	0		$	0
Issuance of common stock		1,000,000		100		24,900		(25,000	)		0			0
Net loss											(15,532	)		(15,532	)
Balance at November 30, 2009		1,000,000	$	100	$	24,900	$	(25,000	)	$	(15,532	)	$	(15,532	)
Net loss											(892	)		(892	)
Balance at February 28, 2010 (unaudited)		1,000,000	$	100	$	24,900	$	(25,000	)	$	(16,424	)	$	(16,424	)

China High Technology Acquisition Corp.
(A Development Stage Enterprise)
STATEMENTS OF STOCKHOLDER’S DEFICIT

See accompanying notes to financial statements


		Common Stock			Additional Paid-in		Subscription			Accumulated			Total Stockholder’s

	Shares		Amount		Capital		Receivable			Deficit			Deficit

Balance at Aug. 14, 2009		0	$	0	$	0	$	0		$	0		$	0

Issuance of common stock		1,000,000		100		24,900		(25,000	)		0			0

Net loss											(15,532	)		(15,532	)


Balance at November 30, 2009		1,000,000		100		24,900		(25,000	)		(15,532	)		(15,532	)

Net loss											(19,802	)		(19,802	)


Balance at May 31, 2010		1,000,000	$	100	$	24,900	$	(25,000	)	$	(35,334	)	$	(35,334	)
(Unaudited)

4 See accompanying notes to financial statements

~~China High Technology Acquisition Corp.~~ 4

China High Technology Acquisition Corp. (A Development Stage Enterprise) NOTES TO FINANCIAL STATEMENTS May 31, 2010

NOTES TO FINANCIAL STATEMENTS


1.	ORGANIZATIONS AND DESCRIPTION OF BUSINESS

	China High Technology Acquisition Corp. (“the Company”) was incorporated in the State of Delaware on August 14, 2009. Since inception, the Company has been engaged in organizational efforts and obtaining initial financing. The Company was formed as a vehicle to pursue a business combination. The business purpose of the Company is to seek the acquisition of, or merger with, an operating company.

2.	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

	The financial statements have been prepared in accordance with the instructions to Form 10-Q and do not include all the information and the footnotes required by accounting principles generally accepted in the United States of America (“GAAP”) for complete financial statements. These financial statements reflect all adjustments (consisting of normal recurring accruals) which are, in the opinion of management, necessary for the fair presentation of the financial position, results of operations and cash flows for the interim period. These financial statements and notes should be read in conjunction with the financial statements and notes thereto included in the Amendment No.1 to Form 10 for the period from August 14, 2009 (inception) to November 30, 2009. The results of operations for the interim period are not indicative of results to be expected for the full year.

	Basis of Accounting

	The Company is a development stage enterprise with minimal operating history. It has not yet been able to develop and execute its business plan. The Company has no significant assets to sustain expenses until the consummation of a merger or other business combination with a private company. The Company may not be able to identify a suitable business opportunity or consummate a business combination, and any such business may not be profitable at the time of its acquisition by us or ever. This raises substantial doubt about the Company’s ability to continue as a going concern.

	The accompanying financial statements do not include any adjustments relating to the recoverability and classification of recorded asset amounts, or amounts and classifications of liabilities that might be necessary should the Company be unable to continue as a going concern.

	The Company will continue to be reported as a development stage entity until, among other factors, revenues are generated from management’s intended operations. The accompanying financial statements provide financial information since inception (August 14, 2009).

~~February 28, 2010~~5

1Fiscal Year The Company’s fiscal year ends on November 30. ~~ORGANIZATION~~Start-Up ~~AND~~Costs ~~DESCRIPTION~~Start-up OFcosts, ~~BUSINESS~~including organization costs, are expensed as incurred. Use of Estimates and Assumptions The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect certain reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Income Taxes The Company uses the asset and liability method of accounting for income taxes. Under this method, income tax expense is recognized for the amount of: (i) taxes payable or refundable for the current year; and, (ii) deferred tax consequences of temporary differences resulting from matters that have been recognized in an entity’s financial statements or tax returns. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in the results of operations in the period that includes the enactment date. A valuation allowance is provided to reduce the deferred tax assets reported if, based on the weight of available positive and negative evidence, it is more likely than not that some portion or all of the deferred tax assets will not be realized. A tax benefit from an uncertain tax position taken or expected to be taken may be recognized only if it is “more likely than not” that the position is sustainable upon examination, based on its technical merits. The tax benefit of a qualifying position would equal the largest amount of tax benefit that is greater than 50% likely of being realized upon ultimate settlement with a taxing authority having full knowledge of all the relevant information. A liability (including interest and penalties, if applicable) is established to the extent a current benefit has been recognized on a tax return for matters that are considered contingent upon the outcome of an uncertain tax position. Related interest and penalties, if any, are included as components of income tax expense and income taxes payable. As of May 31, 2010 and November 30, 2009, the Company did not have a liability for any unrecognized tax benefits. During the period from August 14, 2009 (inception) through May 31, 2010, the Company did not incur any interest or penalties. Income tax returns for 2009 are subject to examination by tax authorities.

China High Technology Acquisition Corp. (the “Company”) was incorporated in the State of Delaware on August 14, 2009. Since inception, the Company has been engaged in organizational efforts and obtaining initial financing. The Company was formed as a vehicle to pursue a business combination. The business purpose of the Company is to seek the acquisition of, or merger with, an operating company. 6

2.Net ~~SUMMARY~~Loss OFPer ~~SIGNIFICANT ACCOUNTING POLICIES~~Share

~~The financial statements have been prepared in accordance with the instructions to Form 10-Q~~ Basic and dodiluted ~~not~~loss ~~include~~per ~~all~~common ~~the~~share ~~information~~is ~~and~~computed ~~the~~on ~~footnotes required by acccounting principles generally accepted in~~ the ~~United~~basis ~~States~~ of ~~America (“GAAP”) for complete financial statements. These financial statements reflect all adjustments (consisting of normal recurring accruals) which are, in~~ the weighted-average ~~opinion~~number of ~~management,~~common ~~necessary~~shares ~~for~~outstanding ~~the~~during ~~fair presentation of~~ the ~~financial position, results of operations and cash flows for the interim~~ period. ~~These~~There were ~~financial~~no ~~statements~~potentially ~~and~~issuable ~~notes~~common ~~should~~stock beequivalents ~~read~~outstanding inat ~~conjunction with~~ the ~~financial~~balance ~~statements and notes thereto included in the Amendment No~~sheet dates. ~~1 to the Form 10 for the period from August 14, 2009 (inception) to November 30, 2009. The results of operations for the interim period are not indicative of results to be expected for the full year.~~

~~Basis~~Fair Value of ~~Accounting~~Financial Instruments

The ~~Company~~carrying isamounts areported ~~development~~in ~~stage enterprise with minimal operating history. It has not yet been able to develop and execute its business plan. The Company has no significant assets to sustain expenses until~~ the ~~consummation~~financial statements offor acurrent ~~merger~~liabilities orapproximate ~~other~~fair ~~business~~value ~~combination~~due ~~with a private company. The Company may not be able~~ to ~~identify a suitable business opportunity or consummate a business combination, and any such business may not be profitable at~~ the ~~time~~short-term nature of ~~its~~these ~~acquisition~~financial ~~by us or ever~~instruments. ~~This raises substantial doubt about the Company’s ability to continue as a going concern.~~

The accompanying financial statements do not include any adjustments relating to the recoverability and classification of recorded asset amounts, or amounts and classifications of liabilities that might be necessary should the Company be unable to continue as a going concern3. INCOME TAXES

The Company is considered to be in the development stage as defined by Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 915-10-05. This standard requires companies to report their operations, shareholders’ equity and cash flows from inception through the reporting date. The Company will continue to be reported as a development stage entity until, among other factors, revenues are generated from management’s intended operations. The accompanying financial statements provide financial information since inception (August 14, 2009).


	May 31, 2010 (Unaudited)			November 30, 2009

Deferred tax assets:
Net operating loss carry forward	$	2,796		$	2,193
Non-deductible expenses		174			136

Gross deferred tax assets		2,970			2,329
Valuation allowance		(2,970	)		(2,329	)

Net deferred tax assets	$	0		$	0

~~Fiscal~~Realization ~~Year~~of deferred tax assets is dependent upon sufficient future taxable income. As the achievement of required future taxable income is uncertain, the Company recorded a full valuation allowance. The Company’s valuation allowance increased by $641 for the six months ended May 31, 2010 and $5,299 for the period August 14, 2009 (inception) to May 31, 2010.

5As of May 31, 2010, the Company has a net operating loss carry forward of approximately $2,900 which expires in 2030.

The difference ~~Company’s~~between ~~fiscal~~the ~~year~~statutory ~~ends~~tax onrate ~~November~~of 3015% and the effective tax rate of 0% is due to the valuation allowance for deferred income taxes and temporary differences for the start-up costs.

~~Start-Up Costs~~7

~~The Company accounts for start-up costs, including organization costs, under the provisions of FASB ASC 720-15-25-1, whereby such costs are expensed as incurred~~4. STOCKHOLDER’S EQUITY

~~Use~~The Company’s Certificate of ~~Estimates~~Incorporation authorized the Company to issue an aggregate of 210,000,000 shares of capital stock, of which 200,000,000 are shares of Common Stock and ~~Assumptions~~

~~The~~10,000,000 ~~preparation~~are shares of ~~financial~~Preferred ~~statements~~Stock. inOn December ~~conformity~~14, ~~with~~2009, ~~accounting~~the ~~principles~~Company ~~generally~~amended ~~accepted~~its inCertificate ~~the United States~~ of ~~America~~Incorporation pursuant ~~requires~~to ~~management~~which toit ~~make~~changed ~~estimates~~the ~~and~~number ~~assumptions~~of ~~that~~shares ~~affect~~of ~~certain~~capital ~~reported~~stock ~~amounts~~it ofis authorized ~~assets~~to ~~and~~issue ~~liabilities~~to ~~and~~110,000,000 ~~disclosure~~shares of ~~contingent~~capital ~~assets~~stock, ~~and~~of ~~liabilities~~which 100,000,000 atare ~~the~~shares ~~date~~ of ~~the~~Common ~~financial~~Stock ~~statements~~ and ~~the~~10,000,000 ~~reported~~are ~~amounts~~shares of ~~revenues and expenses during the reporting period~~Preferred Stock. ~~Actual results could differ from those estimates.~~

~~Income~~On November 24, ~~Taxes~~2009, the Company issued 1,000,000 shares of common stock (par value $0.0001 per share) to Herman Limited for an aggregate purchase price of $25,000. A subscription receivable has been recorded, which has not been paid as of the date of this report.

~~The Company uses the asset and liability method of accounting for income taxes in accordance with ASC 740-10, “Accounting for Income Taxes~~5.” Under this method, income tax expense is recognized for the amount of: (i) taxes payable or refundable for the current year; and, (ii) deferred tax consequences of temporary differences resulting from matters that have been recognized in an entity’s financial statements or tax returns. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in the results of operations in the period that includes the enactment date. A valuation allowance is provided to reduce the deferred tax assets reported if, based on the ~~weight~~RELATED ofPARTY ~~available positive and negative evidence, it is more likely than not that some portion or all of the deferred tax assets will not be realized.~~ TRANSACTIONS

~~ASC~~Guangdong Small ~~740-10 prescribes a recognition threshold~~ and ~~measurement~~Medium ~~attribute~~Sized ~~for~~Enterprise ~~the~~Financial ~~financial~~Promotion ~~statement~~Association ~~recognition~~(“Guangdong SME”) ofis a ~~tax~~government ~~position~~sponsored ~~taken or expected to be taken on a tax return. Under ASC 740~~not-~~10,~~for-profit aorganization ~~tax~~which ~~benefit~~assists ~~from~~small and anmedium ~~uncertain~~size ~~tax~~businesses ~~position taken or expected~~ to bego ~~taken~~public. ~~may~~Guangdong beWealth ~~recognized~~Guarantee ~~only~~Co. ~~if it is~~ Ltd. (“~~more~~Guangdong ~~likely than not~~Wealth”) ~~that the position~~ is ~~sustainable~~a ~~upon~~member ~~examination,~~of ~~based~~Guangdong ~~on its technical merits~~SME. ~~The~~For ~~tax~~the ~~benefit~~three ofand asix months ~~qualifying~~ended ~~position~~May ~~under~~31, ~~ASC~~2010 ~~740-10~~and ~~would equal~~ the ~~largest~~period ~~amount~~August of14, ~~tax~~2009 ~~benefit~~(inception) to ~~that~~May is31, ~~greater~~2010, ~~than~~Guangdong Wealth ~~50%~~and ~~likely~~Guangdong ofSME ~~being~~have ~~realized~~paid ~~upon~~certain ~~ultimate~~expenses ~~settlement~~on ~~with a taxing authority having full knowledge of all~~ the ~~relevant~~Company’s ~~information~~behalf. The ACompany ~~liability~~has ~~(including~~verbally ~~interest~~agreed ~~and penalties, if applicable) is established~~ to ~~the~~repay ~~extent~~each aof ~~current~~Guangdong ~~benefit~~Wealth ~~has~~and ~~been~~Guangdong SME ~~recognized~~within on12 amonths. ~~tax~~Both ~~return~~Guangdong ~~for~~Wealth ~~matters~~and ~~that~~Guangdong ~~are~~SME, ~~considered~~which participated ~~contingent~~in ~~upon~~ the ~~outcome~~funding ~~of an uncertain tax position. Related interest~~ and ~~penalties,~~organizing ifthe ~~any~~Company, ~~are~~may ~~included~~be asdeemed ~~components~~to be promoters of ~~income~~the ~~tax expense and income taxes payable~~Company.

As of February 28, 2010 the Company did not have a liability for any unrecognized tax benefits. During the period from August 14, 2009 (inception) through February 28, 2010, the Company did not incur any interest or penalties. 8

~~Income~~Item ~~tax~~2. ~~returns~~Management’s ~~for~~Discussion ~~2009~~and ~~are~~Analysis ~~subject~~of toFinancial Condition ~~examination~~and byResults ~~tax~~of ~~authorities~~Operations.

~~Net~~Forward ~~Loss~~Looking ~~Per~~Statement ~~Share~~ Notice

6 Certain statements made in this Quarterly Report on Form 10-Q are “forward-looking statements” (within the meaning of the Private Securities Litigation Reform Act of 1995) in regard to the plans and objectives of management for future operations. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements of China High Technology Acquisition Corp. (“we”, “us”, “our” or the “Company”) to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. The forward-looking statements included herein are based on current expectations that involve numerous risks and uncertainties. The Company’s plans and objectives are based, in part, on assumptions involving the continued expansion of business. Assumptions relating to the foregoing involve judgments with respect to, among other things, future economic, competitive and market conditions and future business decisions, all of which are difficult or impossible to predict accurately and many of which are beyond the control of the Company. Although the Company believes its assumptions underlying the forward-looking statements are reasonable, any of the assumptions could prove inaccurate and, therefore, there can be no assurance the forward-looking statements included in this Quarterly Report will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as a representation by the Company or any other person that the objectives and plans of the Company will be achieved.

~~Basic~~Description ~~and diluted loss per common share is computed on the basis~~ of ~~the~~Business ~~weighted-average number of common shares outstanding during the period. There were no potentially issuable common stock equivalents outstanding at February 28, 2010.~~

~~Fair~~ The Company ~~Value~~was incorporated in the State of ~~Financial~~Delaware ~~Instruments~~on August 14, 2009 and maintains its principal executive office at 27th Floor, Profit Plaza, No.76 West HuangPu Road, Guangzhou, PRC 510000. Since inception, the Company has been engaged in organizational efforts and obtaining initial financing. The Company was formed as a vehicle to pursue a business combination through the acquisition of, or merger with, an operating business. The Company filed a Registration Statement on Form 10 with the U.S. Securities and Exchange Commission (the “SEC”) on December 23, 2009, and since its effectiveness, the Company has focused its efforts to identify a possible business combination.

The Company, ~~carrying~~based on ~~amounts~~proposed ~~reported~~business inactivities, is a “blank check” company. The SEC defines those companies as “any development stage company that is issuing a penny stock, within the ~~financial~~meaning ~~statements~~of ~~for~~Section ~~current~~3(a)(51) ~~liabilities~~of ~~approximate~~the ~~fair~~Securities ~~value~~Exchange ~~due~~Act of 1934, as amended (the “Exchange Act”), and that has no specific business plan or purpose, or has indicated that its business plan is to merge with an unidentified company or companies.” Many states have enacted statutes, rules and regulations limiting the ~~short-term~~sale ~~nature~~of securities of ~~these~~“blank ~~financial~~check” ~~instruments~~companies in their respective jurisdictions. The Company is also a “shell company,” defined in Rule 12b-2 under the Exchange Act as a company with no or nominal assets (other than cash) and no or nominal operations. Management does not intend to undertake any efforts to cause a market to develop in our securities, either debt or equity, until we have successfully concluded a business combination. The Company intends to complete a business combination with a company located in China in the high technology industry; however, the Company will not restrict its potential candidate target companies to this industry or any other specific business, industry or geographical location and, thus, may acquire any type of business.

The Company ~~follows~~was ~~the~~organized ~~provisions~~as ofa ~~ASC~~vehicle ~~topic~~to ~~820-10~~investigate and, ~~“Fair~~if ~~Value~~such ~~Measurements and Disclosures”~~investigation warrants, ~~which~~acquire ~~establishes~~ a ~~single~~target ~~authoritative~~company ~~definition~~or ofbusiness ~~fair~~seeking ~~value~~the ~~and~~perceived aadvantages of ~~framework~~being ~~for~~a ~~measuring~~publicly ~~fair~~held ~~value~~corporation. ~~and~~The ~~expands~~Company’s ~~disclosure~~principal ofbusiness objective ~~fair value measurements~~ for ~~both~~the ~~financial~~next ~~and~~12 ~~nonfinancial~~months ~~assets~~ and ~~liabilities.~~beyond ~~This~~such ~~standard~~time ~~defines~~will ~~fair~~be ~~value,~~to ~~provides~~achieve long-term ~~guidance~~growth ~~for~~potential ~~measuring~~through ~~fair~~a ~~value~~combination ~~and~~with ~~requires~~an ~~certain~~operating ~~disclosures~~business. The ~~This~~Company ~~standard~~will ~~does~~ not ~~require~~restrict ~~any~~its ~~new~~potential ~~fair~~candidate ~~value~~target ~~measurements,~~companies ~~but~~to ~~discusses~~any specific ~~valuation techniques~~business, ~~such~~industry ~~as the market approach (comparable market prices), the income approach (present value of future income~~ or ~~cash~~geographical ~~flows)~~location and, ~~the~~thus, ~~cost~~may ~~approach~~acquire ~~(cost~~any type ~~to replace the service capacity~~ of ~~an asset or replacement cost)~~business.

~~3. INCOME TAXES~~9

	For the three months ended February 28, 2010(unaudited)			Cumulative period August 14,2009 (inception) to February 28, 2010(unaudited)
Deferred tax assets:
Net operating loss carry forward	$	10		$	185
Non-deductible expenses		124			2,279
Gross deferred tax assets		134			2,464
Valuation allowance		(134	)		(2,464	)
Net deferred tax assets	$	0		$	0

The Company currently does not engage in any business activities that provide cash flow. During the next twelve months we anticipate incurring costs related to:

~~Realization~~(i) offiling ~~deferred~~Exchange ~~tax~~Act ~~assets~~reports, ~~is dependent upon sufficient future taxable income during the period that deductible temporary differences~~ and ~~net~~(ii) ~~operating loss carry forwards are expected to be available to reduce taxable income. As the achievement of required future taxable income is uncertain~~investigating, ~~the~~analyzing ~~Company recorded a full valuation allowance. The Company’s valuation allowance increased by $134 for the three months ended February 28, 2010~~ and ~~$2,464~~consummating ~~for~~an ~~the period August 14, 2009(inception) to February 28, 2010~~acquisition.

As of ~~February~~the date 28of this filing we have no funds in our treasury. We believe we will be able to meet the costs we expect to incur, ~~2010~~through deferral of fees by certain service providers and additional amounts, as necessary, to be loaned to or invested in us by our stockholder(s), management or other investors. Currently, however our ability to continue as a going concern is dependant upon our ability to generate future profitable operations and/or to obtain the ~~Company~~necessary financing ~~has~~to meet our obligations and repay our liabilities arising from normal business operations when they come due. Our ability to continue as a ~~net~~going concern ~~operating~~is ~~loss~~also ~~carry~~dependant ~~forward~~on ofour ~~approximately~~ability ~~$951~~to ~~which~~find ~~expires~~a insuitable ~~2030~~target company and enter into a possible reverse merger with such company. Management’s plan includes obtaining additional funds by equity financing through a reverse merger transaction and/or related party advances, however there is no assurance of additional funding being available.

The ~~difference~~Company is ~~between~~in the ~~statutory~~development ~~tax~~stage ~~rate~~and ofhas ~~15%~~not ~~and~~earned ~~the~~any ~~effective~~revenues ~~tax~~from ~~rate~~operations ofto date. 0%These conditions raise substantial doubt about our ability to continue as a going concern. The Company is ~~due~~currently devoting its efforts to ~~the~~locating ~~valuation~~merger candidates. ~~allowance~~The ~~for~~Company’s ~~deferred~~ability ~~income~~to ~~taxes~~continue as a going concern is dependent upon our ability to develop additional sources of capital, locate and ~~temporary~~complete a ~~difference~~merger ~~for~~with ~~the~~another ~~start-up~~company, ~~costs~~and ultimately, achieve profitable operations.

4 The Company may consider acquiring a business which has recently commenced operations, is a developing company in need of additional funds for expansion into new products or markets, is seeking to develop a new product or service, or is an established business which may be experiencing financial or operating difficulties and is in need of additional capital. ~~STOCKHOLDER’S~~In ~~EQUITY~~the alternative, a business combination may involve the acquisition of, or merger with, a company which does not need substantial additional capital but which desires to establish a public trading market for its shares while avoiding, among other things, the time delays, significant expense, and loss of voting control which may occur in a public offering.

7 Our sole officer and director has not had any preliminary contact with any representative of any other entity. Any target business that is selected may be a financially unstable company or an entity in its early stages of development or growth, including entities without established records of sales or earnings. In that event, we will be subject to numerous risks inherent in the business and operations of financially unstable and early stage or potential emerging growth companies. In addition, we may effect a business combination with an entity in an industry characterized by a high level of risk, and, although our management will endeavor to evaluate the risks inherent in a particular target business, there can be no assurance that we will properly ascertain or assess all significant risks.

~~The~~ Our management ~~Company’s~~anticipates ~~Certificate~~that ofit ~~Incorporation~~will ~~authorized~~likely ~~the~~be ~~Company~~able to ~~issue~~effect anonly ~~aggregate~~one ~~of 210~~business combination,~~000,000~~ ~~shares~~due ofprimarily ~~capital~~to ~~stock,~~our oflimited ~~which~~financing ~~200,000,000~~and ~~are~~the ~~shares~~dilution of interest ~~Common~~for ~~Stock~~present and 10prospective stockholders,~~000,000~~ ~~are~~which ~~shares~~is oflikely ~~Preferred~~to ~~Stock.~~occur Onas a ~~December~~result ~~14,~~of ~~2009,~~our ~~the~~management’s ~~Company~~plan ~~amended~~to ~~its~~offer ~~Certificate~~a ofcontrolling ~~Incorporation~~interest ~~pursuant~~ to ~~which~~a ittarget business ~~changed~~in ~~the~~order ~~number~~to ofachieve ~~shares~~a oftax-free ~~capital~~reorganization. ~~stock~~This itlack isof diversification ~~authorized~~should tobe ~~issue~~considered toa ~~110,000,000~~substantial ~~shares~~risk ofin ~~capital~~investing ~~stock~~in us, because ofit ~~which~~will ~~100,000,000~~not ~~are~~permit ~~shares~~us ofto ~~Common~~offset ~~Stock~~potential ~~and~~losses ~~10,000,000~~from ~~are~~one ~~shares~~venture against ofgains ~~Preferred~~from ~~Stock~~another.

On The ~~November~~Company anticipates ~~24,~~that ~~2009,~~ the ~~Company~~selection ~~issued~~of ~~1,000,000~~a ~~shares~~business ofcombination ~~common~~will ~~stock~~be ~~(par~~complex ~~value~~and extremely $0risky.~~0001~~ ~~per~~Because ~~share)~~of togeneral ~~Herman~~economic ~~Limited~~conditions, ~~for~~rapid antechnological advances ~~aggregate~~being ~~purchase~~made ~~price~~in some industries and shortages of ~~$25~~available capital,~~000.~~ Aour management ~~subscription~~believes ~~receivable~~that ~~has~~there ~~been~~are ~~recorded~~numerous asfirms seeking even the limited additional capital which we will have and/or the perceived benefits of ~~February~~becoming a 28publicly traded corporation. Such perceived benefits of becoming a publicly traded corporation include, ~~2010~~among other things, facilitating or improving the terms on which ~~has~~additional ~~not~~equity ~~been~~financing ~~paid~~may asbe ofobtained, providing liquidity for the ~~date~~principals of ~~this~~and ~~report.~~investors in a business, creating a means for providing incentive stock options or similar benefits to key

~~5. RELATED PARTY TRANSACTION~~10

~~Guangdong~~employees, ~~Small~~ and ~~Medium~~offering ~~Sized~~greater ~~Enterprise~~flexibility ~~Financial~~in ~~Promotion~~structuring acquisitions, ~~Association~~joint ~~(“Guangdong~~ventures ~~SME”) is a government sponsored not-for-profit organization which assists small~~ and ~~medium~~the ~~size~~like ~~businesses~~through tothe goissuance ~~public. Guangdong Wealth Guarantee Co. Ltd. (“Guangdong Wealth”) is a member~~ of ~~Guangdong SME~~stock. Potentially ~~For~~available ~~the~~business ~~three~~combinations ~~months~~may ~~ended~~occur ~~February~~in ~~28,~~many ~~2010~~different industries and ~~the~~at ~~period~~various ~~August~~stages ~~14,~~of ~~2009 (inception) to February 28~~development, ~~2010,~~all ~~Guangdong~~of ~~Wealth~~which ~~and~~will ~~Guangdong~~make ~~SME have paid certain expenses on~~ the task ~~Company’s behalf. The Company has verbally agreed to repay each~~ of ~~Guangdong~~comparative ~~Wealth~~investigation and ~~Guangdong~~analysis ~~SME~~of ~~within~~such 12business ~~months.~~opportunities extremely ~~Both~~difficult ~~Guangdong Wealth~~ and ~~Guangdong SME, which participated in the funding and organizing of the Company, may be deemed to be promoters of the Company~~complex.

8Liquidity and Capital Resources

~~Item~~ The 2Company had no assets since inception. ~~Management~~The Company had $35,334 in current liabilities as of May 31, 2010, comprised of accrued expenses payable. This compares to the Company’s ~~Discussion~~current ~~and~~liabilities ~~Analysis~~as of ~~Financial~~November ~~Condition~~30, ~~and~~2009 ~~Results~~of $15,532 comprised of accrued ~~Operations~~expenses payable. The Company can provide no assurance that it can continue to satisfy its cash requirements for at least the next twelve months.

~~Forward~~ The ~~Looking~~Company had ~~Statement~~no ~~Notice~~cash flows for the six months ended May 31, 2010 and for the cumulative period from August 14, 2009 (Inception) through May 31, 2010.

~~Certain~~ The ~~statements~~Company has ~~made~~no inassets ~~this Quarterly Report on Form 10-Q are “forward-looking statements” (within the meaning of the Private Securities Litigation Reform Act of 1995) in regard to the plans~~ and ~~objectives~~has ofgenerated ~~management~~no ~~for~~revenues ~~future~~since ~~operations~~inception. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements of China High Technology Acquisition Corp. (“we”, “us”, “our” or the “Company”) to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. The ~~forward-looking statements included herein are based on current expectations that involve numerous risks and uncertainties. The~~ Company's ~~plans~~is also ~~and~~dependent ~~objectives~~upon ~~are based, in part, on assumptions involving~~ the ~~continued~~receipt ~~expansion~~ of ~~business. Assumptions~~capital ~~relating~~investment toor ~~the~~other ~~foregoing~~financing ~~involve judgments with respect~~ to, ~~among~~pay its ~~other~~bills ~~things, future economic, competitive~~ and ~~market~~to ~~conditions~~execute ~~and~~its ~~future~~ business ~~decisions,~~plan ~~all~~ of ~~which~~seeking ~~are~~a ~~difficult~~combination orwith ~~impossible~~a private tooperating ~~predict~~company. ~~accurately~~In ~~and~~addition, ~~many of which are beyond~~ the ~~control of the~~ Company. ~~Although~~is ~~the~~dependent ~~Company~~upon ~~believes~~certain related ~~its~~parties ~~assumptions~~to ~~underlying~~provide ~~the~~continued ~~forward-looking~~funding ~~statements are reasonable, any of the assumptions could prove inaccurate~~ and, ~~therefore,~~capital ~~there can be no assurance the forward-looking statements included in this Quarterly Report will prove to be accurate~~resources. InIf continued ~~light~~funding ofand ~~the~~capital ~~significant~~resources ~~uncertainties~~are ~~inherent~~unavailable inat ~~the~~reasonable ~~forward-looking statements included herein~~terms, the ~~inclusion~~Company ofmay ~~such information should~~ not be ~~regarded~~able asto aimplement ~~representation~~its byplan ~~the Company or any other person that the objectives and plans~~ of ~~the Company will be achieved~~operations.

~~Description~~Results of Operations ~~Business~~

The Company has ~~was~~not ~~incorporated~~conducted inany ~~the~~active ~~State~~operations ofsince ~~Delaware on August 14~~inception, ~~2009~~except ~~and~~for ~~maintains~~ its ~~principal~~efforts to ~~executive~~locate ~~office~~suitable atacquisition ~~27th~~candidates. ~~Floor, Profit Plaza,~~ No~~.76~~ ~~West~~revenue ~~HuangPu~~has ~~Road,~~been ~~Guangzhou,~~generated ~~PRC~~by ~~510000. Since inception,~~ the Company ~~has~~from ~~been~~August ~~engaged~~14, in2009 ~~organizational~~(Inception) ~~efforts~~through ~~and~~May ~~obtaining~~31, ~~initial financing~~2010. ~~The~~It ~~Company~~is ~~was~~unlikely the ~~formed~~Company aswill ahave ~~vehicle~~any torevenues ~~pursue~~unless ait ~~business~~is ~~combination~~able ~~through~~to ~~the~~effect ~~acquisition~~an ~~of,~~ acquisition or merger with, an operating ~~business. The~~company, ~~Company~~of ~~filed~~which athere ~~Registration~~can ~~Statement~~be onno ~~Form 10 with the U~~assurance.S. ~~Securities~~The Company’s ~~and~~plan ~~Exchange~~of ~~Commission~~operation (for the ~~“SEC”)~~next ontwelve ~~December~~months ~~23,~~shall ~~2009,~~be ~~and~~to ~~since~~continue its ~~effectiveness, the Company has focused its~~ efforts to ~~identify~~locate asuitable ~~possible~~acquisition ~~business combination~~candidates.

~~The~~ For ~~Company,~~the three ~~based~~and onsix ~~proposed~~months ~~business~~ended ~~activities~~May 31, ~~is a “blank check” company. The SEC defines those companies as "any development stage company that is issuing a penny stock~~2010, ~~within~~ the ~~meaning~~Company ofhad ~~Section 3(~~a~~)(51)~~ ofnet ~~the~~loss ~~Securities Exchange Act~~ of ~~1934~~$18, ~~as amended (the “Exchange Act”),~~ 910 and ~~that has no specific business plan or purpose~~$19, ~~or has indicated that its business plan is to merge with an unidentified company or companies." Many states have enacted statutes~~802, ~~rules~~respectively ~~and~~comprised ~~regulations limiting the sale~~ of ~~securities~~legal, ~~of "blank check" companies in their respective jurisdictions. The Company is also a “shell company~~accounting,” ~~defined~~audit inand ~~Rule 12b-2 under the Exchange Act as a company with no or nominal assets (~~other professional ~~than~~service ~~cash)~~fees ~~and~~incurred noin orrelation ~~nominal operations. Management does not intend~~ to ~~undertake~~the ~~any~~filing ~~efforts~~of tothe ~~cause a market to develop in our securities, either debt~~Company’s orRegistration ~~equity,~~Statement ~~until~~on weForm ~~have~~10 ~~successfully~~and ~~concluded a business combination. The Company intends to comply with~~ the ~~periodic~~filing ~~reporting requirements~~ of the ~~Exchange~~Company’s ~~Act for so long as we are subject to those requirements~~periodic reports.

~~The~~ For ~~Company~~the period ~~was~~from ~~organized~~August as14, a2009 ~~vehicle~~(Inception) tothrough ~~investigate~~May ~~and~~31, ~~if such investigation warrants~~2010, ~~acquire a target company or business seeking~~ the ~~perceived~~Company ~~advantages~~had ~~of being~~ a net ~~publicly~~loss ~~held~~of ~~corporation.~~$35,334 ~~The~~comprised ~~Company’s~~of ~~principal~~legal ~~business~~accounting, ~~objective~~audit ~~for the next 12 months~~ and ~~beyond~~other ~~such~~professional service ~~time~~fees ~~will~~incurred bein relation to ~~achieve~~the ~~long-term~~formation ~~growth~~of ~~potential~~the ~~through a combination with an operating business. The~~ Company, ~~intends to complete a business combination with a company located in China in~~ the ~~high~~filing of ~~technology industry; however,~~ the Company’s ~~will~~Registration ~~not~~Statement ~~restrict~~on ~~its~~Form ~~potential~~10 ~~candidate target companies to this industry or any other specific business, industry or geographical location~~ and, ~~thus,~~the ~~may~~filing ~~acquire~~of ~~any~~the Company’s ~~type~~periodic ~~of business~~reports.

9Off-Balance Sheet Arrangements

The Company ~~currently~~ does not ~~engage~~have in any ~~business~~off-balance ~~activities~~sheet arrangements that ~~provide~~have ~~cash~~or ~~flow. During~~are reasonably likely to have a current or future effect on the ~~next~~Company’s ~~twelve~~financial ~~months~~condition, wechanges ~~anticipate~~in ~~incurring~~financial ~~costs~~condition, revenues ~~related~~or expenses, results of operations, liquidity, capital expenditures or capital resources that is material to: investors.

~~(i)~~Contractual Obligations ~~filing Exchange Act reports, and~~

~~(ii)~~ As ~~investigating~~a “smaller reporting company” as defined by Item 10 of Regulation S-K, ~~analyzing~~the Company ~~and~~is ~~consummating~~not anrequired ~~acquisition~~to provide this information.

AsItem ~~of the date of this filing we have no funds in our treasury~~3. We ~~believe~~Quantitative ~~we will be able to meet the costs we expect to incur, through deferral of fees by certain service providers~~ and additional amounts, as necessary, to be loaned to or invested in us by our stockholder(s), management or other investors. Currently, however our ability to continue as a going concern is dependant upon our ability to generate future profitable operations and/or to obtain the necessary financing to meet our obligations and repay our liabilities arising from normal business operations when they come due. Our ability to continue as a going concern is also dependant on our ability to find a suitable target company and enter into a possible reverse merger with such company. Management’s plan includes obtaining additional funds by equity financing through a reverse merger transaction and/or relatedQualitative ~~party~~Disclosures ~~advances,~~About ~~however~~Market ~~there is no assurance of additional funding being available~~Risk.

The Company is in the development stage and has not earned any revenues from operations to date. These conditions raise substantial doubt about our ability to continue as a going concern. The Company is currently devoting its efforts to locating merger candidates. The Company’s ability to continue as a going concern is dependent upon our ability to develop additional sources of capital, locate and complete a merger with another company, and ultimately, achieve profitable operations.11

~~The~~ As ~~Company may consider acquiring~~ a “smaller ~~business~~reporting ~~which has recently commenced operations, is a developing~~ company” inas ~~need~~defined ofby ~~additional~~Item ~~funds~~10 ~~for expansion into new products or markets, is seeking to develop a new product or service, or is an established business which may be experiencing financial or operating difficulties and is in need~~ of ~~additional~~Regulation ~~capital. In the alternative~~S-K, ~~a business combination may involve~~ the Company ~~acquisition~~is ~~of, or merger with, a company which does~~ not ~~need~~required ~~substantial additional capital but which desires~~ to ~~establish~~provide ainformation ~~public~~required ~~trading~~by ~~market~~this ~~for its shares while avoiding, among other things, the time delays, significant expense, and loss of voting control which may occur in a public offering~~Item.

~~Our~~Item ~~sole officer and director has not had any preliminary contact with any representative of any other entity~~4. ~~Any~~ ~~target~~Controls business that is selected may be a financially unstable company or an entity in its early stages of development or growth, including entities without established records of sales or earnings. In that event, we will be subject to numerous risks inherent in the business and ~~operations of financially unstable and early stage or potential emerging growth companies~~Procedures. In addition, we may effect a business combination with an entity in an industry characterized by a high level of risk, and, although our management will endeavor to evaluate the risks inherent in a particular target business, there can be no assurance that we will properly ascertain or assess all significant risks.

~~Our~~Evaluation ~~management anticipates that it will likely be able to effect only one business combination, due primarily to our limited financing and the dilution~~ of Disclosure ~~interest~~Controls ~~for present~~ and ~~prospective~~Procedures stockholders, which is likely to occur as a result of our management’s plan to offer a controlling interest to a target business in order to achieve a tax-free reorganization. This lack of diversification should be considered a substantial risk in investing in us, because it will not permit us to offset potential losses from one venture against gains from another.

~~The~~ We ~~Company~~maintain disclosure ~~anticipates~~controls ~~that the selection of a business combination will be complex~~ and ~~extremely~~procedures ~~risky.~~that ~~Because~~are ofdesigned ~~general~~to ~~economic~~ensure ~~conditions,~~that ~~rapid~~information required ~~technological~~to ~~advances~~be ~~being~~disclosed ~~made~~ in ~~some industries and shortages of available capital,~~ our ~~management~~reports ~~believes~~filed ~~that~~pursuant ~~there~~to ~~are numerous firms seeking even~~ the ~~limited~~Exchange ~~additional~~Act ~~capital~~is recorded, ~~which~~processed, wesummarized ~~will~~and ~~have~~reported ~~and/or~~within the ~~perceived~~time ~~benefits~~periods ofspecified in ~~becoming~~the aSEC’s ~~publicly~~rules, ~~reporting~~regulations and~~/or~~ ~~traded~~related ~~corporation.~~forms, ~~Such~~and ~~perceived~~that ~~benefits~~such ofinformation ~~becoming~~is accumulated ~~a publicly reporting~~ and~~/or~~ ~~traded~~communicated ~~corporation~~to ~~include,~~our ~~among~~principal ~~other~~executive ~~things,~~officer ~~facilitating~~and orprincipal financial ~~improving the terms on which additional equity financing may be obtained~~officer, ~~providing~~as ~~liquidity for the principals of and investors in a business~~appropriate, ~~creating~~to aallow ~~means~~timely ~~for~~decisions ~~providing~~regarding ~~incentive~~required disclosure. ~~stock options or similar benefits to key~~

10 As of May 31, 2010, we carried out an evaluation, under the supervision and with the participation of our principal executive officer and our principal financial officer of the effectiveness of the design and operation of our disclosure controls and procedures. Based on this evaluation, our principal executive officer and our principal financial officer concluded that our disclosure controls and procedures were effective as of the end of the period covered by this report.

~~employees,~~Changes ~~and offering greater flexibility~~ in ~~structuring~~Internal Controls acquisitions, joint ventures and the like through the issuance of stock. Potentially available business combinations may occur in many different industries and at various stages of development, all of which will make the task of comparative investigation and analysis of such business opportunities extremely difficult and complex.

~~Liquidity~~ There ~~and~~have been ~~Capital~~no ~~Resources~~changes in our internal controls over financial reporting during the quarter ended May 31, 2010 that have materially affected or are reasonably likely to materially affect our internal controls.

AsPART ofII ~~February~~— ~~28,~~OTHER 2010, the Company had no assets. This compares with no assets as of November 30, 2009. The Company had $16,424 in current liabilities as of February 28, 2010, comprised of accrued expenses payable. This compares to the Company’s current liabilities as of November 30, 2009 of $15,532 comprised of accrued expenses payable. The Company can provide no assurance that it can continue to satisfy its cash requirements for at least the next twelve months.INFORMATION

~~The~~Item ~~Company~~1. ~~had~~Legal ~~no cash flows for the three months ended February 28, 2010 and for the cumulative period from August 14, 2009 (Inception) through February 28, 2010~~Proceedings.

~~The~~ To ~~Company~~the ~~has~~best knowledge noof ~~assets~~our ~~and~~sole ~~has~~officer ~~generated~~and nodirector, ~~revenues~~there ~~since~~are ~~inception.~~presently ~~The~~no ~~Company~~material pending islegal ~~also~~proceedings ~~dependent~~to ~~upon~~which the ~~receipt~~Company, ofany ~~capital~~executive ~~investment~~officer, orany owner ~~other~~of ~~financing~~record toor ~~fund~~beneficially ~~its~~of ~~ongoing~~more ~~operations~~than ~~and~~five topercent ~~execute~~of ~~its~~any ~~business~~class ~~plan~~ of voting ~~seeking~~securities ais ~~combination with~~ a ~~private~~party ~~operating~~or ~~company.~~as ~~In addition, the Company is dependent upon certain related parties~~ to ~~provide~~which ~~continued~~any ~~funding~~of ~~and~~its ~~capital~~property ~~resources.~~is Ifsubject, ~~continued funding~~ and no ~~capital~~such ~~resources~~proceedings are ~~unavailable~~known atto ~~reasonable terms,~~ the Company ~~may~~to ~~not~~ be ~~able~~threatened toor ~~implement~~contemplated against ~~its plan of operations~~it.

~~Results~~Item of1A. ~~Operations~~Risk Factors.

~~The~~ As ~~Company~~a “smaller ~~has~~reporting ~~not~~company” ~~conducted~~as ~~any~~defined ~~active operations since inception, except for its efforts to locate suitable acquisition candidates. No revenue has been generated~~ by ~~the~~Item ~~Company~~10 ~~from~~of ~~August~~Regulation 14S-K, ~~2009 (Inception) through February 28, 2010. It is unlikely~~ the Company ~~will have any revenues unless it~~ is ~~able~~not torequired ~~effect an acquisition or merger with an operating company, of which there can be no assurance. The Company’s plan of operation for the next twelve months shall be~~ to ~~continue~~provide ~~its~~information ~~efforts~~required toby ~~locate~~this ~~suitable acquisition candidates~~Item.

~~For~~Item ~~the~~2. ~~three~~Unregistered ~~months~~Sales ~~ended February 28, 2010, the Company had a net loss~~ of ~~$892~~Equity Securities ~~comprised of legal, accounting, audit~~ and ~~other~~Use ~~professional service fees incurred in relation to the filing~~ of ~~the Company’s Registration Statement on Form 10 and the filing of the Company’s periodic reports~~Proceeds.

~~For~~ On November 24, 2009, the ~~period~~Company ~~from~~offered ~~August~~and 14sold an aggregate of 1,000,000 ~~2009~~shares ~~(Inception)~~of Common ~~through~~Stock ~~February~~to ~~28,~~Herman ~~2010~~Limited, an entity formed in the ~~Company~~Cayman ~~had~~Islands, afor ~~net~~an aggregate ~~loss~~purchase ofprice equal to $1625,~~424~~000. ~~comprised~~The ofshares ~~legal~~owned ~~accounting,~~by ~~audit~~Herman ~~and~~Limited represent ~~other~~all ~~professional~~of ~~service~~the ~~fees~~issued ~~incurred~~and inoutstanding ~~relation~~shares toof the ~~formation~~capital stock of the Company. Gao Qian, ~~the~~our ~~filing~~sole ofofficer ~~the~~and ~~Company’s~~director ~~Registration~~since ~~Statement~~inception, onis ~~Form~~also 10a principal of Herman Limited and may be deemed to beneficially own the ~~filing~~shares of Common ~~the~~Stock ~~Company’s~~held ~~periodic~~of ~~reports~~record by Herman Limited.

~~Off-Balance~~Item ~~Sheet~~3. ~~Arrangements~~Defaults Upon Senior Securities.

The Company does not have any off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on the Company’s financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources that is material to investors None.

~~Contractual Obligations~~12

~~As a “smaller reporting company” as defined by~~ Item 104. ofRemoved ~~Regulation~~and ~~S-K, the Company is not required to provide this information~~Reserved.

Item 35. ~~Quantitative~~Other ~~and Qualitative Disclosures About Market Risk~~Information.

11 None.

~~As a “smaller reporting company” as defined by~~ Item 106. ~~of Regulation S-K, the Company is not required to provide information required by this Item~~Exhibits.

(a) Exhibits required by Item 4.601 ~~Controls~~of ~~and~~Regulation ~~Procedures~~S-K.

Evaluation of Disclosure Controls and Procedures


Exhibit		Description


*3.1		Certificate of Incorporation, as filed with the Delaware Secretary of State on August 14, 2009.

*3.2		By-Laws.

31.1		Certification of the Company’s Principal Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002, with respect to the registrant’s Quarterly Report on Form 10-Q for the quarter ended May 31, 2010.

31.2		Certification of the Company’s Principal Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002, with respect to the registrant’s Quarterly Report on Form 10-Q for the quarter ended May 31, 2010.

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

We* ~~maintain~~Filed ~~disclosure~~as ~~controls~~an ~~and~~exhibit ~~procedures that are designed~~ to ~~ensure~~the ~~that~~Company’s ~~information~~Registration ~~required~~Statement toon beForm ~~disclosed~~10, inas ~~our reports~~ filed ~~pursuant~~with to the ~~Exchange Act is recorded, processed, summarized and reported within the time periods specified in the~~ SEC’s ~~rules,~~on ~~regulations~~December ~~and related forms~~23, ~~and~~2009 ~~that such information is accumulated~~ and ~~communicated~~incorporated toherein ~~our~~by ~~principal~~this ~~executive officer and principal financial officer, as appropriate, to allow timely decisions regarding required disclosure~~reference.

As of February 28, 2010, we carried out an evaluation, under the supervision and with the participation of our principal executive officer and our principal financial officer of the effectiveness of the design and operation of our disclosure controls and procedures. Based on this evaluation, our principal executive officer and our principal financial officer concluded that our disclosure controls and procedures were effective as of the end of the period covered by this report.13

~~Changes in Internal Controls~~SIGNATURES

~~There~~ Pursuant ~~have~~to the ~~been~~requirements noof ~~changes~~the inSecurities ~~our~~Exchange ~~internal~~Act ~~controls~~of ~~over~~1934, ~~financial reporting during~~ the ~~quarter~~registrant ~~ended~~has duly ~~February~~caused ~~28,~~this ~~2010~~report ~~that~~to ~~have~~be ~~materially~~signed ~~affected~~on orits ~~are~~behalf ~~reasonably~~by ~~likely~~the toundersigned ~~materially~~thereunto duly ~~affect our internal controls~~authorized.

PART II — OTHER INFORMATION


	CHINA HIGH TECHNOLOGY ACQUISITION CORP.

Dated: July 13, 2010	By:	/s/ Gao Qian

		Gao Qian
		President and Director
		Principal Executive Officer
		Principal Financial Officer

~~Item 1. Legal Proceedings.~~14

To the best knowledge of our officers and sole director, the Company is not a party to any legal proceeding or litigation.

Item 1A. Risk Factors.

As a “smaller reporting company” as defined by Item 10 of Regulation S-K, the Company is not required to provide information required by this Item.

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds.

On November 24, 2009, the Company offered and sold an aggregate of 1,000,000 shares of Common Stock to Herman Limited, an entity formed in the Cayman Islands, for an aggregate purchase price equal to $25,000. The shares owned by Herman Limited represent all of the issued and outstanding shares of the capital stock of the Company. Gao Qian, our sole officer and director since inception, is also a principal of Herman Limited and may be deemed to beneficially own the shares of Common Stock held of record by Herman Limited.

The Company sold these shares of Common Stock under the exemption from registration provided by Section 4(2) of the Securities Act and Regulation D promulgated thereunder.

Item 3. Defaults Upon Senior Securities.

None.

Item 4. Submission of Matters to a Vote of Security Holders.

None.

Item 5. Other Information.

None.

Item 6. Exhibits.

(a) Exhibits required by Item 601 of Regulation S-K.

Exhibit Description

*3.1 Certificate of Incorporation, as filed with the Delaware Secretary of State on August 14, 2009.

*3.2 By-Laws.

31.1 Certification of the Company’s Principal Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002, with respect to the registrant’s Quarterly Report on Form 10-Q for the quarter ended February 28, 2010.

31.2 Certification of the Company’s Principal Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002, with respect to the registrant’s Quarterly Report on Form 10-Q for the quarter ended February 28, 2010.

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

* Filed as an exhibit to the Company’s Registration Statement on Form 10, as filed with the SEC on December 21, 2009 and incorporated herein by this reference.

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.

CHINA HIGH TECHNOLOGY ACQUISITION CORP.

Dated: April 15, 2010 By: /s/ Gao Qian

Gao QianPresident and DirectorPrincipal Executive OfficerPrincipal Financial Officer

Filing Compare · China High Technology Acquisition Corp.