SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

[X] QUARTERLY REPORT UNDER SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended September 30, 2014

[ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF T SECURITIES

EXCHANGE ACT OF 1934

Commission File No. 333-147084

CHINA SHIANYUN GROUP CORP., LTD.

(Exact name of Registrant as specified in its charter)

Nevada	83-0506099
(State or Other Jurisdiction of incorporation or organization)	(I.R.S. Employer Identification No.)

18/F., Development Centre Building, South of Renmin Rd. LuoHu District, Shenzhen,
Guandong Province, China		n/a
(Address of principal executive offices)		(Zip Code)

86-755-23998799

(Registrant’s telephone number, including area code)

Indicate by check mark whether the issuer (1) 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 x 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 definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Ruble 12b-2 of the Exchange Act.


Large accelerated filer o	Accelerated filer o
Non-accelerated filer o (Do not check if a smaller reporting company)	Smaller reporting company x

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

State the number of shares outstanding of each of the issuer’s classes of common equity, as of November 10, 2014, are as follows:


Class of Securities	Shares Outstanding
Common Stock, $0.001 par value	776,837 shares

China Shianyun Group Corp., Ltd affected a 200-to-1 reverse stock split November 20, 2013. All per share amounts and calculations in this Quarterly Report and the accompanying consolidated condensed financial statements have been retroactively adjusted to reflect the effects of the reverse stock split.

CHINA SHIANYUN GROUP CORP., LTD.

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	Part I – Financial Information
Item 1	Financial Statements	3
	Unaudited Condensed Balance Sheets, September 30, 2014 and December 31, 2013	3
	Unaudited Condensed Consolidated Statements of Operations and Comprehensive Income for the nine and nine months ended September 30, 2014 and 2013	4
	Unaudited Condensed Consolidated Statements of Cash Flows for the nine months ended September 30, 2014 and 2013	5
	Notes to the Unaudited Condensed Consolidated Financial Statements	6
Item 2	Management’s Discussion and Analysis of Financial Condition and Results of Operations	13
Item 3	Quantitative and Qualitative Disclosures about Market Risk	19
Item 4	Controls and Procedures	20

	Part II – Other Information
Item 1	Legal Proceedings	21
Item 2	Unregistered Sales Of Equity Securities And Use Of Proceeds	21
Item 3	Defaults Upon Senior Securities	21
Item 4	Removed and Reserved	21
Item 5	Other Information	21
Item 6	Exhibits	22

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INTRODUCTORY NOTE

Except as otherwise indicated by the context, references in this Quarterly Report on Form 10-Q (this “Form 10-Q”) to the “Company,” “China Shianyun” “we,” “us” or “our” are references to the combined business of China Shianyun Group Corp., Ltd. and its consolidated subsidiaries. References to “Plenty Fame” are references to our wholly-owned BVI subsidiary, Plenty Fame Holding, Limited”; references to “Prospect” are references to our wholly-owned Hong Kong subsidiary, Prospect Hong Kong Development Limited; references to “Jiangxi Jien” are references to our wholly-owned PRC subsidiary, Jiangxi Jien Industries Limited.; references to “Shenzhen Jien” are to our wholly-owned PRC subsidiary, Shenzhen Jien Electronic Commerce Company Limited. References to “China” or “PRC” are references to the People’s Republic of China. References to “BVI” are reference to British Virgin Islands. References to “Hong Kong” or “HK” are references to Hong Kong Special Administrative Region of China. References to “RMB” are to Renminbi, the legal currency of China, and all references to “$” and dollar are to the U.S. dollar, the legal currency of the United States.

Special Note Regarding Forward-Looking Statements

This report contains forward-looking statements and information that are based on the beliefs of our management as well as assumptions made by and information currently available to us. Such statements should not be unduly relied upon. When used in this report, forward-looking statements include, but are not limited to, the words “anticipate,” “believe,” “estimate,” “expect,” “intend,” “plan” and similar expressions, as well as statements regarding new and existing products, technologies and opportunities, statements regarding market and industry segment growth and demand and acceptance of new and existing products, any projections of sales, earnings, revenue, margins or other financial items, any statements of the plans, strategies and objectives of management for future operations, any statements regarding future economic conditions or performance, uncertainties related to conducting business in China, any statements of belief or intention, and any statements or assumptions underlying any of the foregoing. These statements reflect our current view concerning future events and are subject to risks, uncertainties and assumptions. There are important factors that could cause actual results to vary materially from those described in this report as anticipated, estimated or expected, including, but not limited to: competition in the industry in which we operate and the impact of such competition on pricing, revenues and margins, volatility in the securities market due to the general economic downturn; Securities and Exchange Commission (the “SEC”) regulations which affect trading in the securities of “penny stocks,” and other risks and uncertainties. Except as required by law, we assume no obligation to update any forward-looking statements publicly, or to update the reasons actual results could differ materially from those anticipated in any forward- looking statements, even if new information becomes available in the future. Depending on the market for our stock and other conditional tests, a specific safe harbor under the Private Securities Litigation Reform Act of 1995 may be available. Notwithstanding the above, Section 27A of the Securities Act of 1933, as amended (the “Securities Act”) and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) expressly state that the safe harbor for forward-looking statements does not apply to companies that issue penny stock. Because we may from time to time be considered to be an issuer of penny stock, the safe harbor for forward-looking statements may not apply to us at certain times.

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PART I – FINANCIAL INFORMATION

CHINA SHIANYUN GROUP CORP., LTD. AND SUBSIDIARIES

CONDENSED CONSOLIDATED BALANCE SHEETS

	September 30, 2014		December 31, 2013
	(Unaudited)		(Audited)
Assets
Current assets
Cash and cash equivalents	$	26,052	$	97,920
Accounts receivable		755,242		921,944
Inventories		230,527		32,689
Amount due from a director		-		90,351
Prepaid expenses and other receivables		650,204		940,277
Total current assets		1,662,025		2,083,181

Property, plant and equipment, net		2,280,382		2,667,577
Land use rights, net		97,273		100,399
Other intangible assets, net		-		6,665

Total assets	$	4,039,680	$	4,857,822

Liabilities and stockholders’ equity
Liabilities
Current liabilities
Accounts payable	$	126,696		$	127,700
Accrued expenses and other payables		2,427,078			2,382,030
Receipt in advance		669,343			461,130
Taxes payable		2,067,471			2,159,104
Amount due to a director		839,732			634,480

Total liabilities	$	6,130,320		$	5,764,444

Stockholders’ equity
Common stock: Par value $0.001 per share; 400,000,000 shares authorized, 776,837 shares issued and outstanding		777			777
Additional paid in capital		3,435,412			3,435,412
Accumulated deficits		(5,555,387	)		(4,360,948	)
Accumulated other comprehensive income		28,558			18,137
Total stockholders’ equity	$	(2,090,640	)	$	(906,622	)

Total liabilities and stockholders’ equity	$	4,039,680		$	4,857,822

See accompanying notes to condensed consolidated financial statements.

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CHINA SHIANYUN GROUP CORP., LTD. AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

AND COMPREHENSIVE INCOME

(UNAUDITED)

	For the three months ended September 30,						For the nine months ended September 30,
	2014			2013			2014			2013

Revenues	$	48,652			495,857			207,249			856,808

Cost of sales and services		10,494			45,690			10,494			216,492

Selling and distribution		12,795			275,040			72,624			324,706

General and administrative expense (inclusive of depreciation and allowances)		270,680			257,337			1,327,924			732,680

Operating loss		(245,317	)		(82,210	)		(1,203,793	)		(417,070	)

Other income/(expenses)
Other income		11			-			9,354			14,220
Interest expense		-			(28,305	)		-			(70,277	)
Total other income/(expenses)		11			(28,305	)		9,354			(56,057	)

Loss from operations before provision for income taxes		(245,306	)		(110,515	)		(1,194,439	)		(473,127	)

Provision for income taxes		-			-			-			-

Net (loss)/income for the period	$	(245,306	)		(110,515	)		(1,194,439	)		(473,127	)

Other comprehensive income
(Loss)/gain on foreign currency translation		(18,646	)		(9,574	)		10,421			(49,223	)

Total comprehensive loss for the period	$	(263,952	)		(120,089	)		(1,184,018	)		(522,350	)


(Loss) per share, basic and diluted	$	(0.32	)		(0.14	)		(1.54	)		(0.61	)

Weighted average number of shares outstanding, basic and diluted		776,837			776,837			776,837			776,837

See accompanying notes to condensed consolidated financial statements.

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CHINA SHIANYUN GROUP CORP., LTD. AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

(UNAUDITED)

	Nine months ended September 30,
	2014			2013

Cash flows from operating activities
Net loss	$	(1,194,439	)		(473,127	)
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation expense		132,790			157,453
Loss on disposal of property, plant and equipment		41,913			-
Amortization expense of land use rights		1,538			1,257
Amortization expense of other intangible assets		6,532			6,922
Interest Income		(9,354	)		-
Changes in operating assets and liabilities:
Decrease in accounts receivable		166,702			2,611,741
Increase in inventories		(197,838	)		(418,730	)
Decrease /(increase) in prepaid expenses and other receivables		299,427			(2,139,222	)
Decrease /(increase) in amount due from a director		90,351			(10,091	)
Decrease in accounts payable		(1,004	)		(699,797	)
Increase in accrued expenses and other payables		45,048			347,534
Increase/(decrease) in receipt in advance		208,213			(205,101	)
Decrease in taxes payable		(91,633	)		(117,085	)

Net cash used in operating activities	$	(501,754	)		(938,246	)

Cash flows from investing activities
Additions to property, plant and equipment	$	(304	)		(95,865	)
Proceeds from disposal of property, plant and equipment	$	149,351			-

Net cash provided by/(used in) investing activities	$	149,047			(95,865	)

Cash flows from financing activities
Issuance of shares		-			1,271,754
Increase/(decrease) in amount due to a director		205,252			(303,468	)

Net cash provided by financing activities	$	205,252			968,286

Net (decrease)/increase in cash and cash equivalents	$	(147,455	)		(65,825	)

Effect of foreign exchange rate changes	$	75,587			(84,883	)

Cash and cash equivalents at beginning of period	$	97,920			355,350

Cash and cash equivalents at end of period	$	26,052			204,642

Supplement disclosure of cash flows information:
Cash paid for interest	$	-			70,277
Cash paid for income taxes	$	-			-

See accompanying notes to condensed consolidated financial statements.

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CHINA SHIANYUN GROUP CORP., LTD. AND SUBSIDIARIES

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

September 30, 2014

NOTE 1 – ORGANIZATION AND PRINCIPAL ACTIVITIES

China Shianyun Group Corp., Ltd and its subsidiaries (collectively known as the “Company”) are principally engaged in the distribution of consumer goods in the People’s Republic of China (“China” or the “PRC”).

As of September 30, 2014, the details of the Company’s major subsidiaries are summarized as follows:

Name	Domicile and date of incorporation	Effective ownership	Principal activities

Jiangxi Jien Industries Limited (“Jiangxi Jien”)	The PRC April 8, 1997	100%	Distribution of consumer goods in the PRC.

Shenzhen Jien Electronic Commerce Company Limited (“Shenzhen Jien”)	The PRC April 13, 2009	100%	Distribution of consumer goods in the PRC, and provision of online customer services

NOTE 2 – PRINCIPLES OF CONSOLIDATION

The unaudited interim financial statements of the Company and the Company’s subsidiaries (see Note 1) for the nine months ended September 30, 2014 and 2013 have been prepared pursuant to the rules & regulations of the SEC. Certain information and disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America have been condensed or omitted pursuant to such rules and regulations, although the Company believes that the following disclosures are adequate to make the information presented not misleading. All significant intercompany balances and transactions have been eliminated. The functional currency for the majority of the Company’s operations is the Renminbi (“RMB”), while the reporting currency is the US Dollar.

In the opinion of management, the accompanying condensed consolidated financial statements contain all adjustments, consisting only of normal recurring accruals, necessary for a fair presentation of the Company’s financial position as of September 30, 2014, the results of its operations and cash flows for the nine months ended September 30, 2014 and 2013.

The results of operations for the nine months ended September 30, 2014 are not necessarily indicative of the results for a full year period.

NOTE 3 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

(a) Cash and Cash Equivalents

The Company considers all highly liquid investments purchased with original maturities of three months or less to be cash equivalents. The Company maintains bank accounts in China and Hong Kong.

(b) Inventories

Inventories consisting of trading goods, packing and other materials are stated at the lower of cost or net realizable value. Inventory costs are calculated using a weighted average method of accounting.

The Company’s financial instruments primarily consist of cash and cash equivalents, accounts receivable, prepaid expenses and other receivables, amount due from/(to) directors, receipt in advance, debts, accounts payable, accrued expenses and other payables, and taxes payable.

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The estimated fair value amounts have been determined by the Company, using available market information or other appropriate valuation methodologies. However, considerable judgment is required in interpreting market data to develop estimates of fair value. Consequently, the estimates are not necessarily indicative of the amounts that could be realized or would be paid in a current market exchange.

As of the balance sheet dates, the estimated fair values of the financial instruments were not materially different from their carrying values as presented, due to the short maturities of these instruments and the fact that the interest rates on the borrowings approximate those that would have been available for loans of similar remaining maturity and risk profiles at respective period ends.

(d) Revenue Recognition

The Company generates revenues mainly from sale of consumer products and also revenue from regional distribution rights.

The Company recognizes revenue when products are delivered and customers take ownership and assume risk of loss, collection of the relevant receivable is probable, persuasive evidence of an arrangement exists and selling price is fixed or determinable.

Revenues from regional distribution rights include brand usage fee and continuing management fee income. All amounts received will be initially recognized as receipt in advance, and will be recognized as revenues when the following criteria are met:

(i)	Initial admission fee income is generally recorded upon completion of admission procedures, when the rights to use the “GEN+Me” trademarks are granted to the users, and when collectability is reasonably assured.

(ii)	Continuing management fee income represent regular contractual payments received for our supporting services, which are recognized as revenue when earned, generally on a straight line basis.

(e) Earnings Per Share

Basic earnings per share is computed by dividing income available to common shareholders by the weighted-average number of common shares outstanding during the period. Diluted earnings per share is computed similar to basic earnings per share except that the denominator is increased to include the number of additional common shares that would have been outstanding if the potential common shares had been issued and if the additional common shares were dilutive. As of September 30, 2014 and 2013, there were no dilutive securities outstanding.

(f) Foreign Currency Translation

The accompanying consolidated financial statements are presented in United States Dollars (US$). The functional currency of the Company is the Renminbi (RMB). Capital accounts of the consolidated financial statements are translated into United States dollars from RMB at their historical exchange rates when the capital transactions occurred. Assets and liabilities are translated at the exchange rates as of balance sheet date. Income and expenditures are translated at the average exchange rate of the period. The translation rates are as follows:

	September 30, 2014		December 31, 2013		September 30, 2013

Period/year end RMB : US$ exchange rate		0.1625		0.1651		0.1637
Average yearly RMB : US$ exchange rate		0.1618		0.1630		0.1625

On July 21, 2005, the PRC changed its foreign currency exchange policy from a fixed RMB/US$ exchange rate into a flexible rate under the control of the PRC’s government.

The RMB is not freely convertible into foreign currency and all foreign exchange transactions must take place through authorized institutions. No representation is made that the RMB amounts could have been, or could be, converted into US$ at the rates used in translation.

(g) Recent Accounting Pronouncements

In July 2013, The FASB has issued ASU No. 2013-11, Income Taxes (Topic 740): Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists (a consensus of the FASB Emerging Issues Task Force).

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U.S. GAAP does not include explicit guidance on the financial statement presentation of an unrecognized tax benefit when a net operating loss carryforward, a similar tax loss, or a tax credit carryforward exists. The amendments in this ASU state that an unrecognized tax benefit, or a portion of an unrecognized tax benefit, should be presented in the financial statements as a reduction to a deferred tax asset for a net operating loss carryforward, a similar tax loss, or a tax credit carryforward, except as follows. To the extent a net operating loss carryforward, a similar tax loss, or a tax credit carryforward is not available at the reporting date under the tax law of the applicable jurisdiction to settle any additional income taxes that would result from the disallowance of a tax position or the tax law of the applicable jurisdiction does not require the entity to use, and the entity does not intend to use, the deferred tax asset for such purpose, the unrecognized tax benefit should be presented in the financial statements as a liability and should not be combined with deferred tax assets.

This ASU applies to all entities that have unrecognized tax benefits when a net operating loss carryforward, a similar tax loss, or a tax credit carryforward exists at the reporting date. The amendments in this ASU are effective for fiscal years, and interim periods within those years, beginning after December 15, 2013. For nonpublic entities, the amendments are effective for fiscal years, and interim periods within those years, beginning after December 15, 2014. Early adoption is permitted. The amendments should be applied prospectively to all unrecognized tax benefits that exist at the effective date. Retrospective application is permitted.

In April 2014, the FASB issued ASU No. 2014-08, "Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity." This ASU relates to discontinued operations reporting to disposals of components of an entity that represent strategic shifts that have, or will have, a major effect on an entity's operations and financial results. The standard expands the disclosures for discontinued operations and requires new disclosures related to individually material disposals that do not meet the definition of a discontinued operation. The provisions of this ASU are effective for interim and annual periods beginning after December 15, 2014. This ASU is not expected to have an impact on our financial statements or disclosures.

In August 2014, the FASB issued ASU No. 2014-15, Presentation of Financial Statements—Going Concern (Subtopic 205-40): Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern, which is intended to define management’s responsibility to evaluate whether there is substantial doubt about an organization’s ability to continue as a going concern and to provide related footnote disclosures. This ASU provides guidance to an organization’s management, with principles and definitions that are intended to reduce diversity in the timing and content of disclosures that are commonly provided by organizations today in the financial statement footnotes. The amendments are effective for annual periods ending after December 15, 2016, and interim periods within annual periods beginning after December 15, 2016. Early application is permitted for annual or interim reporting periods for which the financial statements have not previously been issued. The Company does not intend to early adopt this standard. The Company does not expect the adoption of this standard to have an impact on its financial statements.

The Company does not expect the adoption of these guidance to have a material impact on its consolidated financial statements.

NOTE 4 – PREPAID EXPENSES AND OTHER RECEIVABLES

As of the balance sheet dates, the Company’s prepaid expenses and other receivables are summarized as follows:

	September 30, 2014		December 31, 2013

Prepaid expenses– (i)	$	294,297	$	444,968
Other receivables– (i)		10,596		76,266
Amount due from Shu Jian– (ii)		345,311		419,043

Total	$	650,204	$	940,277

(i)	The Company evaluates prepaid expenses and other receivables on a periodic basis and records a charge to the current operations of the Company when the related expense has been incurred or when the amounts reported as other receivables is no longer deemed to be collectible by the Company.

(ii)

The amount represents temporary advances to Shu Jian, an independent third party during the year ended September 30, 2014, which bears an annual interest of 5% for the corresponding period, unsecured and repayable within a year. Interest income arising from the temporary advances during the nine months ended September 30, 2014 amount to $9,354 (2013: nil).

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NOTE 5 – PROPERTY, PLANT AND EQUIPMENT, NET

Property, plant and equipment of the Company consist primarily of manufacturing facilities and equipment in the PRC. As of the balance sheet dates, property, plant and equipment are summarized as follows:

	Depreciable lives	September 30, 2014			December 31, 2013

At cost:
Plant	40 years	$	2,207,274		$	2,242,590
Machinery	15 years		220,934			224,468
Motor vehicle	10 years		156,828			445,018
Office equipment	5 years		252,710			256,443
Leasehold Improvement	2 years		872,788			862,220
			3,710,534			4,030,739

Less: Accumulated depreciation			(1,430,152	)		(1,363,162	)

Property, plant and equipment, net		$	2,280,382		$	2,667,577

Depreciation expense for the nine months ended September 30, 2014 and 2013 was $132,790 and $ 157,453, respectively.

Loss on disposal of property, plant and equipment for the nine months ended September 30, 2014 and 2013 was $41,913 and nil, respectively.

NOTE 6 – LAND USE RIGHTS, NET

The Company’s land use rights represent the cost of purchasing the rights to use the leasehold land in the PRC for the production facilities of Jiangxi Jien. According to the law of the PRC, the government owns all the land in the PRC. Companies or individuals are only authorized to possess and use the land through land use rights granted by the PRC government.

As of the balance sheet dates, the Company’s land use rights are summarized as follows:

	Useful lives	September 30, 2014			December 31, 2013
At cost:
Land use rights	59 – 60 years	$	123,549		$	125,526

Less: Accumulated amortization			(26,276	)		(25,127	)

Land use rights, net		$	97,273		$	100,399

Amortization expense of land use rights for the nine months ended September 30, 2014 and 2013 was $1,538 and $ 1,257, respectively.

NOTE 7 – OTHER INTANGIBLE ASSETS, NET

The Company’s other intangible assets represent cost of setting up information systems for the provision of franchising services. As of the balance sheet dates, the Company’s other intangible assets are summarized as follows:

	Useful lives	September 30, 2014			December 31, 2013
At cost:
Information systems	5 years	$	46,149		$	46,887

Less: Accumulated amortization			(46,149	)		(40,222	)

Other intangible assets, net		$	-		$	6,665

Amortization expense of other intangible assets for the nine months ended September 30, 2014 and 2013 was $6,532 and $ 6,922, respectively.

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NOTE 8 – AMOUNT DUE FROM/(TO) DIRECTORS

As of the balance sheet dates, the Company’s current accounts with the directors are summarized as follows:

	September 30, 2014		December 31, 2013

Amount due from a director
Ye Xin Zhang		-		90,351

Amount due to directors
Ye Xin Zhang	$	178,322		-
Chen Xing Hua	$	661,410		634,480
Total		839,732		634,480

The amount due to the directors represents temporary advances from the director for the Company’s working capital use. The balance is unsecured, interest free, and has no fixed terms of repayment.

NOTE 9 – ACCRUED EXPENSES AND OTHER PAYABLES

As of the balance sheet dates, the Company’s accrued expenses and other payables are summarized as follows:

	September 30, 2014		December 31, 2013

Accrued operating expenses		-		30,603
Accrued interest expense		276,826		281,255
Amount due to Shenzhen Hanhong – (i)		885,625		899,795
Other payables – (ii)		1,264,627		1,170,377
	$	2,427,078	$	2,382,030

(i)	The amount mainly represents consultancy fee payable to Shenzhen Hanhong. Shenzhen Hanhong is a related party as Mr. Chen Xing Hua is a common director of the Company and Shenzhen Hanhong. The amount is interest free, unsecured and has no fixed terms of repayment.

(ii)

Included in other payable as of September 30, 2014, there are an amount payable for office decoration in the amount of $260,000, and an amount payable for marketing and promotional expenses of $438,773. The remaining balance consists of amounts owed by the Company to various entities that are incurred by the Company in daily business operations other than trading nature. These liabilities and accrued operating expenses are non-interest bearing and are payable within one year.

NOTE 10 – RECEIPT IN ADVANCE

As of the balance sheet dates, the Company’s accrued expenses and other payables are summarized as follows:

	September 30, 2014		December 31, 2013

Receipt in advance	$	669,343	$	461,130

Receipt in advance mainly consists of money received from customers for regional distribution rights which are yet to be performed. Revenues from regional distribution rights include initial fees and continuing management fee income. All amounts received will be initially recognized as receipt in advance, and will be recognized as revenues when the following criteria are met:

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(i)	Initial admission fee income is generally recorded upon completion of admission procedures, when the rights to use the trademarks are granted to the users, and when collectability is reasonably assured.

(ii)	Continuing management fee income represent regular contractual payments received for the use of the “GEN+Me” trademarks plus our supporting services, which is recognized as revenue when earned, generally on a straight line basis.

NOTE 11 – TAXES PAYABLE

As of the balance sheet dates, the Company’s taxes payable are summarized as follows:

	September 30, 2014		December 31, 2013

Income tax payables	$	346,791	$	352,489
Value added tax payables		1,662,786		1,752,720
Other tax payables		57,894		53,895
Total	$	2,067,471	$	2,159,104

NOTE 12 – COMMON STOCK

As of the balance sheet dates, the Company has authorized 400,000,000 shares of common stock, par value $0.001 per share. In addition, the Company has authorized 10,000,000 shares of preferred stock, none of which has been issued as of September 30, 2014.

On November 20, 2013, we effected a reverse stock split at 1:200 to reduce our issued and outstanding shares of common stock from 155,350,052 to approximately 776,837. All share data shown in the condensed financial statements has been retroactively restated to reflect the reverse split.

NOTE 13 – SEGMENT REPORTING

The Company’s reportable segments of business include sale of consumer products and regional distribution rights. Each of these segments is conducted in a separate corporation and each functions independently of the others. The Company has no sales between segments.

Financial information of the Company’s business segments is as follows:

	Nine months ended September 30,
	2014			2013

Revenues from:				$
Sale of consumer products		207,249			75,660
Regional distribution rights		-			781,148
		207,249			856,808

Segment profit/(loss) from:
Sale of consumer products		(507,464	)		(360,832	)
Regional distribution rights		(72,624	)		315,691
Corporate		(614,351	)		(427,986	)
		(1,194,439	)		(473,127	)

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NOTE 14 – PROVISION FOR INCOME TAXES

A reconciliation of the expected tax with the actual tax expense is as follows:

	Nine months ended September 30,
	2014			2013
	Amount				Amount

Loss before provision for income taxes	$	(1,194,439	)			(473,127	)

Expected PRC income tax expense at statutory tax rate of 25%		(298,610	)			(118,282	)
Tax losses not recognized as deferred tax assets		298,610				118,282
Provision for Income Taxes		-				-

(i)	Both Jiangxi Jien and Shenzhen Jien are subject to PRC tax. The provision for PRC income tax is based on a statutory rate of 25% of the assessable income of the PRC subsidiaries as determined in accordance with the relevant income tax rules and regulations of the PRC.

(ii)	The Company and other immediate holding companies did not generate any taxable income in their jurisdiction during the nine months ended September 30, 2014 and 2013, respectively.

NOTE 15 – CAPITAL COMMITMENT

Capital Commitment:

As of the balance sheet dates, the Company’s capital commitment are summarized as follows:

	September 30, 2014		December 31, 2013

Construction-in-progress:
Contracted but not provided for	$	1,663,640	$	1,690,258

NOTE 16 – GOING CONCERN

As of September 30, 2014, the Company has accumulated deficits of $5,555,387, a negative working capital of $4,468,295. The Company may need additional cash resources to operate during the upcoming 12 months, and the continuation of the Company may be dependent upon the continuing financial support of investors, directors and/or stockholders of the Company. However, there is no assurance that equity or debt offerings will be successful in raising sufficient funds to assure the eventual profitability of the Company. The 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 in existence.

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ITEM 2. MANAGEMENT’S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION

This Form 10−Q contains forward-looking statements. Our actual results could differ materially from those set forth as a result of general economic conditions and changes in the assumptions used in making such forward-looking statements. The following discussion and analysis of financial condition and results of operations relates to the operations and financial condition reported in the financial statements of China Shianyun Group Corp., Ltd for the periods ended September 30, 2014 and 2013 and should be read in conjunction with such financial statements and related notes included in this report and the Company’s Annual Report on Form 10-K for the year ended December 31, 2013. The analysis set forth below is provided pursuant to applicable Securities and Exchange Commission regulations and is not intended to serve as a basis for projections of future events.

Overview

We are currently formulating and distributing consumer goods such as herbal teas and beverage, health liquors, meal replacement products, eggs and cured meat produced by ecologically breeding methods in China. In order to satisfy our customer demands for high quality products, we enter with contracts with factories in China to produce the products with our design, formula, standards, and distribute those products under our registered brand names. All our registered brands have obtained nation-wide product certifications. During the past fiscal year, we used general brand “GEN + ME” for our own product and used various sub brands under “GEN+ME” for our different product lines. We sell products under our registered brand name primarily through our regional independent third-party distributors in the PRC to customers. To keep up in such a competitive industry, we constantly adjust our manufacture and distribution strategies in China according to economic conditions, consumer preference, government policy and social climate in the marketplace. With the improved living condition in China, people pay more and more attention to healthy and natural products. During the nine months ended September 30, 2014, our top sale products include red wine using grape grown in original ecological environment in Xinjiang province.

We sell products under our registered brand name primarily through our regional independent third-party distributors in the PRC to customers mainly in Zhejiang, Beijing, Shandong, Fujian and Guangdong Provinces. In addition to the sales of consumer products through distributors, we grant regional distribution rights for the use of our trademarks and provide continuing support services to our distributors.

In an effort to stay competitive, as an adjustment of our distribution strategy, we started developing direct sales via internet and other electronic mediums in 2012. We granted each of our regional distributors an online distribution right with an online shop at our online platform in 2013.

We expect to continue to invest in marketing, primarily in recruiting new regional distributors. We believe this will not only expand our regional distribution network, but increase our market acceptance and customer satisfaction.

In addition to the immediate risks relating to our ability to continue as a going concern and to obtain funding under the current market conditions, we are subject to certain risks common to customer products distributors in similar stages of development. See “Risk Factors” in our Annual Report on Form 10-K for the year ended December 31, 2013, file number 333-147084 14744963. Principal risks include risks relating to the uncertainty of our organic growth strategy, our ability to implement our strategy, a reliance on third party to supply products that comply with safety requirements, our ability to remain competitive in the market, our dependence on key members of our management, our ability to obtain adequate capital to fund future operations and significant costs to incur for complying with applicable requirements.

Recent Developments

In 2013, in order to adapt to the rapid changes in the market, we determined to change the strategic direction of our product mix and marketing in order to sell food that is produced using methods of ecological breeding and farming, which mainly includes eggs and cured meat raised using ecological breeding methods, organic vegetables and fruits. Ecological food is perceived to be more nutritious and safer than conventional food because ecological food is grown and prepared in a greener and ecologically balanced environment. We identified this new opportunity for our business and proactively shifted our major resources to this market. The impact of the sales strategies modification has initially caused a reduction in our revenue and net income but we believe that it will, in the longer term, lead to improved sales results following the introduction of our new products.

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Online shopping, as one mode of E-commerce, is accepted by more and more customers in China, especially by younger people. Observing the potential opportunity of the huge market for online shopping in China, as a part of our new business strategies, we established the “Shianyun” platform (http://www.shianyun.com/V2/Index2/Index.aspx and http://www.shianyunjituan.com) based on our existing internet platform to develop the online-to-offline commerce, link up the online sales and offline stores and embed our internal production system and logistics management. The application of the new platform greatly optimizes our online sales and delivery system. During the nine months ended September 30, 2014, we started contacting and selecting third party brands to join us as combined brands to increase our brand awareness. In addition, we plan to further improve our product portfolio to include three series of products: cooking materials such as natural vegetables, raw eggs and poultries; processed food such as cooked and processed meat and eggs; and snacks such as dried nuts and seeds. We commenced sales of certain processed food and snacks in the first quarter of 2014 and we are closely monitoring market acceptance of our new products.

Results of Operations

Results of Operations – Three Months Ended September 30, 2014 as Compared three Months Ended September 30, 2013


	Three months ended
	September 30						Increase/			%
	2014			2013			(decrease)			change

Revenue	$	48,652			495,857			(447,205	)		(90.19	)
Cost of sales and services		10,494			45,690			(35,196	)		(77.03	)
Selling and distribution expenses		12,795			275,040			(262,245	)		(95.35	)
General and administrative expenses		270,680			257,337			13,343			5.19
Loss before income taxes		(245,306	)		(110,515	)		(134,791	)		121.97
Provision for income taxes		-			-			-			N/A
Net loss	$	(245,306	)		(110,515	)		(134,791	)		121.97

Revenues

Revenue for the three months ended September 30, 2014 amounted to $48,652, representing a $447,205 or 90.19% decrease as compared to $495,857 for the same period in the last year. Revenue for the three months ended September 30, 2014 and 2013 are analyzed as follows:


	Three months ended September 30,				Increase/			%
	2014		2013		(decrease)			change

Sale of consumer products	$	48,652	$	75,660		(27,008	)		(35.70	)
Regional distribution rights		-		420,197		(420,197	)		(100	)
		48,652		495,857		(447,205	)		(90.19	)

(a) Sale of consumer products

Our sales of consumer products consist of sales of red wine, natural eggs, cured meat and noodle with extracted tomato carotenes, which are all produced by ecologically breeding methods. High value products (healthy, nutritious and nature foods, wine, etc.) come to be a trend in sales strategy accompanied with the development of the product diversification. We conducted market and product research and continually adjusted our product portfolio to seize the next profit orientation. As a result of the modification of sales strategy, the consumer products business was affected in the short period of time and the revenue from sale of consumer products decreased by $27,008, from $75,660 for the three months ended September 30, 2013 to $48,652 for the third quarter of 2014.

In order to improve the Company’s operational results and financial situation, the Company constantly adjusts its manufacture and distribution strategies according to economic conditions, consumer preference, government policy and social climate in China’s marketplace. The Company has developed online platform in addition to its offline regional distribution channels and plants to conduct series of online promotions to attract end-consumers. To further enhance brand awareness and expand market shares, the Company plans to use combined brand name for consumer goods distributed via online platform in 2014. As a part of its strategic adjustments, the Company is diversifying its product portfolio to include various healthy, nutritious and nature foods. The Company believes that the undertaking of its strategic adjustments ensures a sustainable and long-term growth.

(b) Regional distribution rights

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Since third quarter of 2010, the Company has granted regional distribution rights in the PRC for using “GEN+Me” trademark.

Revenues from regional distribution rights include initial fees and continuing management fee income. All amounts received will be initially recognized as receipt in advance, and will be recognized as revenues when the following criteria are met:

(i)	Initial admission fee income is generally recorded upon completion of admission procedures, when the rights to use the “GEN+ME” trademarks are granted to the users, and when collectability is reasonably assured.

(ii)	Continuing management fee income represent regular contractual payments received for our supporting services, which are recognized as revenue when earned, generally on a straight line basis.

The continuing supporting services included adverting campaign, band promotion activities and training services provided to the distributor for the next three years after distribution rights granted. The continuing management fee will be recognized on a yearly basis.

Since our modification of business strategies, our revenues from regional distribution rights dropped significantly. We expected our revenue from regional distribution rights will realize recovery growth along with implementing our new business strategies.

Selling and distribution expenses

Selling and distribution expenses for the three months ended September 30, 2014 and 2013 amounted to $127,795 and $275,040, respectively. The significant decrease of $262,245 or 95.35% was mainly attributable to the expenses of $244,552 incurred in connection with preparation of the Expo of 2013. There was no such event held in the third quarter of 2014.

General and administrative expenses

General and administrative expenses slightly increased by $13,343 or 5.19% from $257,337 for the three months ended September 30, 2013 to $270,680 for the same period in 2014. We continue to implement our cost reduction plan in the third quarter of 2014.

Loss before income taxes and provision for income taxes

The Company recorded a pretax loss of $245,306 and $110,515 for the three months ended September 30, 2014 and 2013, respectively. The increase of loss was mainly attributable to our modification of product portfolio and sales strategies in consumer products business, which also affected our regional distribution rights segment

The Company did not recognize deferred tax assets for net operating loss based on that no sufficient future taxable profits will be available to allow all or part of the deferred tax asset to be utilized. Therefore, no PRC income tax provision was provided for the three months ended September 30, 2014.

Net loss

We recorded a net loss of $245,306 for the third quarter of 2014, as compared to a net loss of $110,515 for the same period in 2013. The decrease in net income was mainly attributable to the reduction in operation revenue.

Nine Months Ended September 30, 2014 as Compared to Nine Months Ended September 30, 2013

	Nine months ended
	September 30,						Increase/			%
	2014			2013			(decrease)			change

Revenue	$	207,249			856,808			(649,559	)		(75.81	)
Cost of sales		10,494			216,492			(205,998	)		(95.15	)
Selling and distribution expenses		72,624			324,706			(252,082	)		(77.63	)
General and administrative expenses		1,327,924			732,680			595,244			81.24
Loss before income taxes		(1,194,439	)		(473,127	)		(721,312	)		152.46
Provision for income taxes		-			-			-			N/A
Net loss	$	(1,194,439	)		(473,127	)		(721,312	)		152.46

Revenues

Revenue for the nine months ended September 30, 2014 amounted to $207,249 which represents a $649,559 or 75.81% decrease when compared to $856,808 for the same period last year. Revenues for the nine months ended September 30, 2014and 2013 are analyzed as follows:

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	Nine months ended September 30,				Increase/			%
	2014		2013		(decrease)			change

Sale of consumer products	$	207,249		75,660		131,589			173.92
Regional distribution rights		-		781,148		(781,148	)		(100	)
		207,249		856,808		(649,559	)		(75.81	)

(a) Sale of consumer products

Sales increased by $131,589, or 173.92%, from $75,660 for the nine months period ended September 30, 2013 to $207,249 for the same period of 2014. The increase is mainly attributable to our modification of business strategies in 2013. During the first half of 2013, we decided to temporarily suspend the sales of consumer products and adjusted our business strategies to the healthy and natural products market. In September 2013, the newly produced ecological food products have been launched and started to generate revenue.

(b) Regional distribution rights

Revenue arising from the regional distribution rights operations for the nine months ended September 30, 2014 and 2013 amounted to $Nil and $781,148, respectively. The decrease is mainly due to no new distributors recruited during the nine months ended September 30, 2014, along with our adjustment of business strategy .

Cost of sales

Cost of sales and services for the nine months ended September 30, 2014 and 2013 amounted to $10,494 and $216,492, respectively. Cost of sales represents cost of consumer products sold and operation cost in regional distribution rights business. The decrease in cost of sales primarily resulted from our adjustment of business strategies.

Selling and distribution expenses

Selling expenses for the nine months ended September 30, 2014 and 2013 amounted to $72,624 and $324,706, respectively. The substantial decrease in selling and distribution expenses of $205,998 was primarily attributed to the prepaid conference expenses of $244,552 for the postponed Expo during the nine months ended September 30, 2013.

General and administrative expenses

General and administrative expenses increased by $595,244 or 81.24% from $732,680 for the nine months ended September 30, 2013 to $1,327,924 for the same period in 2014. We started ecological food business in the third quarter of 2013. During the first quarter of 2014, we made some adjustments on our product portfolio and distribution strategies based on the sales performance analysis for last few months. The additional cost for strategy modification, mainly representing travelling expenses and conference fee for group meeting, amounted to approximately $460,000 during the nine months ended September 30, 2014, which was all charged to the general and administrative expenses. In addition, we disposed some motor vehicles and recorded a loss of $41,913 in the first quarter of 2014.

Loss before income taxes and provision for income taxes

The Company recorded a pretax loss of $1,194,439 and $473,127 for the nine months ended September 30, 2014 and 2013, respectively. The difference was mainly due to the substantial loss generated from our consumer products business.

As of September 30, 2014, the Company did not recognize deferred tax assets for net operating loss based on that it is not likely that those losses will be recovered using future taxable income.

Net loss

We recorded net loss of $1,194,439 for the nine months ended September 30, 2014, as compared to net loss of $473,127 for the same period in 2013. The increase of loss was mainly attributable to the reduction in operation revenue and the significant increase in general administrative expenses.

Cash and cash equivalents

As of September 30, 2014, the Company had a total cash and cash equivalents of $26,052, compared to $97,920 as of December 31, 2013. The cash was mainly used to fund our operations. The Company’s cash flows for the nine months ended September 30, 2014 are analyzed as follows:

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Cash Flow from Continuing Operations

	Nine months ended
	September 30,
	2014			2013

Net cash used in operating activities	$	(501,754	)	$	(979,846	)
Net cash provided by /(used in) investing activities		149,047			(92,468	)
Net cash provided by financing activities		205,252			1,073,252
Net increase in cash and cash equivalents (before exchange rate changes)	$	(147,455	)	$	938

During the nine months ended September 30, 2014, we had net cash used in operating activities of $501,7548, as compared to net cash used in operating activities of $979,846 for the same period in 2013. The change in cash inflow from operating activities was primarily due to the cash outflow for the temporary advances to Shu Jian during the nine months ended September 30, 2013. Nevertheless, there is no such cash transaction incurred in the same period of 2014. .

Our cash flow provided by investing activities for the three months ended September 30, 2014 amounted to $149,047 as compared to net cash used in investing activities of $92,468 for nine months ended September 30, 2013. The net cash provided by investing activities mainly contributed by the proceeds from disposal of equipment. The net cash used in investing activities in the nine months ended September 30, 2013 mainly represented purchase of equipment and machinery.

Our cash flows provided by financing activities for the nine months ended September 30, 2014 and 2013 amounted to $205,252 and $1,073,252, respectively. The difference mainly represented the subscription receivable of $1,271,754, which was fully received in cash during the nine months ended September 30, 2013.

Working Capital

As of September 30, 2014, the Company recorded a working capital deficit of $4,468,295, compared to a deficit of $ 3,681,263 as of December 31, 2013. The decrease in working capital was mainly due to the substantial loss incurred in the nine months ended September 30, 2014. We are exploring sources of additional financing, including short-term financing from our distributors and other parties. In addition, we are closely monitoring cash balances, cash needs and expense levels.

Going Concern
As of September 30, 2014, the Company has accumulated deficits of $5,555,387, a negative working capital of $4,468,295. The Company may need additional cash resources to operate during the upcoming 12 months, and the continuation of the Company may be dependent upon the continuing financial support of investors, directors and/or stockholders of the Company. However, there is no assurance that equity or debt offerings will be successful in raising sufficient funds to assure the eventual profitability of the Company. The 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 in existence.

Off-Balance Sheet Transactions

We do not maintain any off-balance sheet transactions, arrangements, obligations or other relationships with unconsolidated entities or others that are reasonably likely to have a material current or future effect on our financial condition, cash flows, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources.

Critical Accounting Policies

Our discussion and analysis of our financial condition and results of operations are based upon our condensed consolidated financial statements, which have been prepared in accordance with accounting principles generally accepted in the United States. The preparation of these condensed consolidated financial statements requires us to make estimates, judgments and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses, and the related disclosure of contingent assets and liabilities. We base our estimates on historical experience and on various other assumptions that we believe are reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. Actual results may differ from these estimates.

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An accounting policy is considered to be critical if it requires an accounting estimate to be made based on assumptions about matters that are highly uncertain at the time the estimates are made, and if different estimates that reasonably could have been used, or changes in the accounting estimates that are reasonably likely to occur, could materially impact the consolidated financial statements.

We believe that the following critical accounting policy reflect the significant estimates and assumptions which are used in the preparation of the consolidated financial statements and affect our financial condition and results of operations.

(a) Cash and Cash Equivalents

The Company considers all highly liquid investments purchased with original maturities of three months or less to be cash equivalents. The Company maintains bank accounts in China and Hong Kong.

(b) Inventories

(d) Revenue Recognition

The Company generates revenues mainly from sale of consumer products and also revenue from regional distribution rights.

(i)	Initial admission fee income is generally recorded upon completion of admission procedures, when the rights to use the “GEN+Me” trademarks are granted to the users, and when collectability is reasonably assured.

(ii)	Continuing management fee income represent regular contractual payments received for our supporting services, which are recognized as revenue when earned, generally on a straight line basis.

(e) Earnings Per Share

(f) Foreign Currency Translation

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	September 30, 2014		December 31, 2013		September 30, 2013

Period/year end RMB : US$ exchange rate		0.1625		0.1651		0.1637
Average yearly RMB : US$ exchange rate		0.1618		0.1630		0.1625

On July 21, 2005, the PRC changed its foreign currency exchange policy from a fixed RMB/US$ exchange rate into a flexible rate under the control of the PRC’s government.

(g) Recent Accounting Pronouncements

The Company does not expect the adoption of these guidance to have a material impact on its consolidated financial statements.

ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISKS

Not applicable.

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ITEM 4. CONTROLS AND PROCEDURES

(a) Evaluation of Disclosure Controls and Procedures

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”) are designed to ensure that information required to be disclosed in our reports filed 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. This information is accumulated and communicated to management, including our Chief Executive Officer and Chief Financial Officer, as appropriate, to allow timely decisions regarding required disclosures. Management is responsible for establishing and maintaining adequate internal control over financial reporting.

We performed an evaluation, under the supervision and with the participation of our management, including our Chief Executive Officer and Chief Financial Officer, of the effectiveness of the design and operation of our disclosure controls and procedures as of the end of the period covered by this report. Based on this evaluation, our Chief Executive Officer and our Acting Chief Financial Officer have concluded that our disclosure controls and procedures were ineffective in ensuring that information required to be disclosed in reports filed under the Securities Exchange Act of 1934, as amended, is recorded, processed, summarized and reported within the time periods specified by the Securities and Exchange Commission, and were ineffective in providing reasonable assurance that information required to be disclosed by the Company in such reports is accumulated and communicated to the Company’s management, including its Chief Executive Officer and Chief Financial Officer, as appropriate to allow timely decisions regarding required disclosure.

We do not expect that our disclosure controls and procedures will prevent all errors and all instances of fraud. Disclosure controls and procedures, no matter how well conceived and operated, can provide only reasonable, not absolute, assurance that the objectives of the disclosure controls and procedures are met. Further, the design of disclosure controls and procedures must reflect the fact that there are resource constraints, and the benefits must be considered relative to their costs. Because of the inherent limitations in all disclosure controls and procedures, no evaluation of disclosure controls and procedures can provide absolute assurance that we have detected all our control deficiencies and instances of fraud, if any. The design of disclosure controls and procedures also is based partly on certain assumptions about the likelihood of future events, and there can be no assurance that any design will succeed in achieving its stated goals under all potential future conditions.

For more information regarding our controls and procedures, including the deficiencies identified by our management and the remediation methods adopted by us, please refer to Item 9A. Controls and Procedures in our Annual Report on Form 10-K for fiscal year ended December 31, 2013, filed with the SEC on April 4, 2014.

(b) Changes in Internal Control Over Financial Reporting

In connection with the preparation of our financial statements for the fiscal year ended December 31, 2013, the management determined that our internal control environment is not properly designed due to the existence of certain material weaknesses and that it did not operate effectively to ensure that the Company’s financial statements (and related financial statement disclosures) were prepared in accordance with US generally accepted accounting principles (US GAAP). In order to remediate the material weakness discussed above, we hired additional accounting staff who are familiar with PRC GAAP and US GAAP in the preparation of financial statements in accordance with US GAAP, and, once our cash flows from operations improves to a level where we are able to, we intend to recruit experienced professionals to augment our financial staff for sufficient US GAAP, financial reporting, which would improve our controls and procedures with the regard to financial statements preparation and improve the knowledge of U.S. accounting standards for our current accounting staff. As of the end of the period covered by the report, we continue the process of implementing and maintaining the remediation measures, but we cannot assure when or if we will be able to successfully implement these remedial measures. For more information regarding our controls and procedures, please refer to Item 9A. Controls and Procedures in our Annual Report on Form 10-K for fiscal year ended December 31, 2013, filed with the SEC on April 4, 2013.

There were no changes in our internal control over financial reporting (as such term is defined in Rules 13a-15(f) and 15d-15(f) under the Exchange Act) during the fiscal quarter covered by this report that has materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.

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PART II.

OTHER INFORMATION

ITEM 1.

LEGAL PROCEEDINGS

None.

ITEM 2.

UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS

None.

ITEM 3.

DEFAULT UPON SENIOR SECURITIES

None.

ITEM 4.

[REMOVED AND RESERVED]

None.

ITEM 5.

OTHER INFORMATION

None.

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ITEM 6.

EXHIBITS

Exhibits


Exhibit Number	Description*
31.1	Certification of Chief Executive Officer filed pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
31.2	Certification of Chief Financial Officer filed pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
32.1	Certification of Chief Executive Officer furnished 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 furnished 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 Labels Linkbase Document
101.PRE	XBRL Taxonomy Extension Presentation Linkbase Document


* Filed herewith

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SIGNATURES

In accordance with the requirements of the Exchange Act, the registrant caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.





	CHINA SHIANYUN GROUP CORP., LTD.


Dated: November 13, 2014	/s/ Ye Xing Zhang
	Ye Xing Zhang
	Chief Executive Officer



Dated: November 13, 2014	/s/ Deng Lin
	Deng Lin
	Chief Financial Officer

CHINA SHIANYUN GROUP CORP., LTD. 10-Q