UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

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

For the quarterly period ended ~~March 31~~June 30, 2017

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

For the transition period from ________ to ________.

Commission file number: 000-55492

Danyang Special Cable Factory Inc.

(Exact name of registrant as specified in its charter)

Delaware		47-4694442
(State or other jurisdiction		(IRS Employer
of incorporation or organization)		Identification number)

Room 01 25/F Kerry Center No. 2008 Renmin South Rd Luohu District Shenzhen City Guangdong China		N/A
(Address of Principal Executive Offices)		(Zip Code)

+ 86-755-2188-4466

(Registrant’s Telephone Number, Including Area Code)

Kerry Center 2501-2502 South Renmin Rd

Shenzhen Guangzhou F4 N-A

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

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

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

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

Large accelerated filer	☐	Accelerated filer	☐
Non-accelerated filer	☐	Smaller reporting company	☒
(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 ☒ No ☐

As of ~~May~~August 179, 2017, there were 20,000,000 shares of the company’s common stock, par value $0.0001 per share, outstanding.

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TABLE OF CONTENTS

PART I – FINANCIAL INFORMATION.		3
Item 1.	Financial Statements.	3
	Condensed Balance Sheets - as of March 31, 2017 (unaudited) and December 31, 2016 (audited)	3
	Condensed Balance Sheets - as of June 30, 2017 (unaudited) and December 31, 2016 (audited)	3
	Condensed Statements of Operations for the three months ended March 31, 2017 and 2016 (unaudited)	4
	Condensed Statements of Operations for the three and six months ended June 30, 2017 and 2016 (unaudited)	4
	Condensed Statements of Cash Flows for the three months ended March 31, 2017 and 2016(unaudited)	5
	Condensed Statements of Cash Flows for the six months ended June 30, 2017 and 2016(unaudited)	5
	Notes to Condensed Financial Statements (unaudited)	6
Item 2.	Management’s Discussion and Analysis of Financial Condition and Results of Operations	910
Item 3.	Quantitative and Qualitative Disclosures About Market Risk	1112
Item 4	Controls and Procedures	12
PART II – OTHER INFORMATION.		13
Item 1.	Legal Proceedings	13
Item 1A.	Risk Factors	13
Item 2.	Unregistered Sales of Equity Securities and Use of Proceeds	13
Item 3.	Defaults Upon Senior Securities	13
Item 4.	Mine Safety Disclosures	13
Item 5.	Other Information	13
Item 6.	Exhibits	1314
SIGNATURES		1415

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PART I

Item 1. Financial Statements

Danyang Special Cable Factory Inc.
Condensed Balance Sheets

	(un-audited)	(audited)
	June 30,	December 31,
	2017	2016
ASSETS
Current Assets:
Cash	$ -	$ -
Total Current Assets	-	-
TOTAL ASSETS	$ -	$ -

LIABILITIES & STOCKHOLDERS’ DEFICIT
Current Liabilities

Accounts payable	$ 13,424	$ 3,811
Total Current Liabilities	13,424	3,811
TOTAL LIABILITIES	13,424	3,811

Commitments and Contingencies	$ -	$ -
Shareholders' Deficit:
Preferred stock, ($0.0001 par value, 5,000,000 shares authorized; none issued and outstanding.)	-	-
Common stock ($0.0001 par value, 300,000,000 shares authorized; 20,000,000 and 20,000,000 shares issued and outstanding, respectively)	2,000	2,000
Additional paid-in capital	34,402	31,601
Accumulated deficit	(49,826)	(37,412)
Total Stockholders’ Deficit	(13,424)	(3,811)
TOTAL LIABILITIES & STOCKHOLDERS’ DEFICIT	$ -	$ -

Danyang Special Cable Factory Inc.
Condensed Balance Sheets
	(un-audited)	(audited)
	March 31,	December 31,
	2017	2016
ASSETS
Current Assets:
Cash	$ -	$ -
Total Current Assets	-	-
TOTAL ASSETS	$ -	$ -
LIABILITIES & STOCKHOLDERS’ DEFICIT
Current Liabilities
Accounts payable	$ 9,380	$ 3,811
Total Current Liabilities	9,380	3,811
TOTAL LIABILITIES	9,380	3,811
Commitments and contingencies	$ -	$ -
Shareholders' Deficit:
Preferred stock, ($0.0001 par value, 5,000,000 shares authorized; none issued and outstanding as of March 31, 2017 and December 31, 2016)	-	-
Common stock ($0.0001 par value, 300,000,000 shares authorized; 20,000,000 and 20,000,000 shares issued and outstanding, respectively) issued and outstanding as of March 31, 2017 and December 31, 2016	2,000	2,000
Additional paid-in capital	32,451	31,601
Accumulated deficit	(43,831)	(37,412)
Total Stockholders’ Deficit	(9,380)	(3,811)
TOTAL LIABILITIES & STOCKHOLDERS’ DEFICIT	$ -	$ -

The accompanying notes are an integral part of these unaudited condensed financial statements

-3-

Danyang Special Cable Factory Inc.
Condensed Statements of Operations
(un-audited)
	three months ended		Six months ended
	March 31,
	June 30,		June 30,
	2017	2016	2017	2016
Revenue	$ -	$ -	$ -	$ -
Operating Expenses:
General and administrative expenses	65,~~419~~995	~~1,674~~865	12,414	2,539
Total operating expenses	65,~~419~~995	~~1,674~~865	12,414	2,539
Net loss from operations	(65,~~419~~995)	(~~1,674~~865)	(12,414)	(2,539)
Loss before income taxes	(65,~~419~~995)	(~~1,674~~865)	(12,414)	(2,539)
Provision for income taxes	-	-	-	-
Net Loss	$ (65,~~419~~995)	$ (~~1,674~~865)	$ (12,414)	$ (2,539)
Basic & diluted loss per share	$ (0.00)	$ (0.00)
Basic and diluted loss per share	$ (0.00)	$ (0.00)	(0)	(0)
Weighted average number of common shares outstanding basic and diluted	20,000,000	10,000,000
Weighted average number of common shares outstanding, basic and diluted	20,000,000	10,000,000	20,000,000	10,000,000

The accompanying notes are an integral part of these unaudited condensed financial statements

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Danyang Special Cable Factory Inc.
Condensed Statement of Cash Flows
(un-audited)
	three months ended
	Six months ended
	March 31,
	June 30,
	2017	2016
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	$ (612,~~419~~414)	$ (12,~~674~~539)
Adjustments to reconcile net loss to net
cash used in operating activities:
Stock based compensation - related party	-	-
Changes in operating assets and liabilities:
Accounts payable	59,~~569~~613	~~624~~1,239
Net cash used in operating activities	(~~850~~2,801)	(1,~~050~~300)
CASH FLOWS FROM INVESTING ACTIVITIES:	-	-
CASH FLOWS FROM FINANCING ACTIVITIES:
Contributions from related party	~~850~~2,801	1,~~050~~300
Net cash provided by financing activities	~~850~~2,801	1,~~050~~300
Net increase (decrease) in cash	-	-
Cash at beginning of period	-	-
Cash at end of period	$ -	$ -
NONCASH INVESTING AND FINANCING ACTIVITY
Common stock issued to founder for services rendered	$ -	$ 1,000
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:
Cash paid for interest	$ -	$ -
Cash paid for taxes	$ -	$ -

The accompanying notes are an integral part of these unaudited condensed financial statements

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DANYANG SPECIAL CABLE FACTORY INC.

NOTES TO THE CONDENSED FINANCIAL STATEMENTS

1.	ORGANIZATION AND PRINCIPAL ACTIVITIES

Danyang Special Cable Factory Inc. ("Company" or the "Registrant") was incorporated under the laws of the State of Delaware on July 27, 2015 and has been inactive since inception. We changed our name to Danyang Special Cable Factory Inc. on November 9, 2016. Our principal executive offices are located at Room 01, 25/F, Kerry Center, No. 2008 Renmin South Road, Luohu District, Shenzhen City, Guangdong, People’s Republic of China. Our phone number is +86-755-2218-4466.

Our business model is to serve as a vehicle to affect an asset acquisition, merger, exchange of capital stock or other business combination with a domestic or foreign business. The Company has been in the developmental stage since inception and its operations to date have been limited to the purchase of shares of its original shareholders. We have not yet initiated any business development efforts nor generated any revenue to date.

2.	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

The accompanying unaudited financial statements of the Company have been prepared without audit pursuant to the rules and regulations of the Securities and Exchange Commission requirements for interim financial statements. Therefore, they do not include all of the information and footnotes required by accounting principles generally accepted in the United States for complete financial statements. The financial statements should be read in conjunction with the audited financial statements in our Form 10-K filed on March 31, 2017.

The interim financial statements present the balance sheet, statements of operations and cash flows for the Company. The financial statements have been prepared in accordance with accounting principles generally accepted in the United States.

The interim financial information is unaudited. In the opinion of management, all adjustments necessary to present fairly the financial position as of ~~March~~June 3130, 2017 and the results of operations and cash flows presented herein have been included in the financial statements. All such adjustments are of a normal and recurring nature. Interim results are not necessarily indicative of results of operations for the full year.

Use of estimates. The preparation of financial statements in conformity with accounting principles generally accepted in the United States requires the Company to make estimates and judgments that affect the reported amounts of assets and liabilities, revenues and expenses, and related disclosures of contingent assets and liabilities. These estimates and judgments are based on historical information, information that is currently available to the Company and on various other assumptions that the Company believes to be reasonable under the circumstances. Actual results could differ from those estimates.

Cash and cash equivalents. Cash and cash equivalents consist of cash and short-term investments with original maturities of less than 90 days. Cash equivalents are placed with high credit quality financial institutions and are primarily in money market funds. The carrying value of those investments approximates fair value.

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Revenue Recognition. Revenue is only recognized when all of the following criteria are met: (1) persuasive evidence of an arrangement exists, (2) delivery has occurred or services have been rendered, (3) the price to the buyer is fixed or determinable, and (4) collectability is reasonably assured.

Earnings (loss) per share. Basic earnings (loss) per common share is computed by dividing net income (loss) available to common shareholders by the weighted-average number of shares of common stock outstanding during the period. Diluted earnings per common share is computed by dividing income available to common shareholders by the weighted-average number of shares of common stock outstanding during the period increased to include the number of additional shares of common stock that would have been outstanding if potentially dilutive securities had been issued. There were no potentially dilutive securities outstanding during the periods presented.

Stock-based compensation. The Company accounts for equity instruments issued in exchange for the receipt of goods or services from other than employees in accordance with Financial Accounting Standards Board (“FASB”) ASC 718-10, Compensation – Stock Compensation, and the conclusions reached by FASB ASC 505-50, Equity – Equity-Based Payments to Non-Employees. Costs are measured at the estimated fair market value of the consideration received or the estimated fair value of the equity instruments issued, whichever is more reliably measurable. The value of equity instruments issued for consideration other than employee services is determined on the earliest of a performance commitment or completion of performance by the provider of goods or services as defined by FASB ASC 505-50.

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Income taxes. The Company records income taxes under the asset and liability method, whereby deferred tax assets and liabilities are recognized based on the future tax consequences attributable to temporary differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases, and attributable to operating loss and tax credit carryforwards. Accounting standards regarding income taxes requires a reduction of the carrying amounts of deferred tax assets by a valuation allowance, if based on the available evidence, it is more likely than not that such assets will not be realized. Accordingly, the need to establish valuation allowances for deferred tax assets is assessed at each reporting period based on a more-likely-than-not realization threshold. This assessment considers, among other matters, the nature, frequency and severity of current and cumulative losses, forecasts of future profitability, the duration of statutory carryforward periods, the Company’s experience with operating loss and tax credit carryforwards not expiring unused, and tax planning alternatives.

The Company recorded valuation allowances on the net deferred tax assets. Management will reassess the realization of deferred tax assets based on the accounting standards for income taxes each reporting period. To the extent that the financial results of operations improve and it becomes more likely than not that the deferred tax assets are realizable, the Company will be able to reduce the valuation allowance.

Significant judgment is required in evaluating the Company’s tax positions and determining its provision for income taxes. During the ordinary course of business, there are many transactions and calculations for which the ultimate tax determination is uncertain. Accounting standards regarding uncertainty in income taxes provides a two-step approach to recognizing and measuring uncertain tax positions. The first step is to evaluate the tax position for recognition by determining if the weight of available evidence indicates it is more likely than not that the position will be sustained on audit, including resolution of related appeals or litigation processes, if any. The second step is to measure the tax benefit as the largest amount which is more than 50% likely, based solely on the technical merits, of being sustained on examinations. The Company considers many factors when evaluating and estimating its tax positions and tax benefits, which may require periodic adjustments and which may not accurately anticipate actual outcomes.

Recent Accounting Pronouncements. The Company has evaluated recent pronouncements through Accounting Standards Updates (“ASU”) 2016-18 and believes that none of them will have a material impact on the Company’s financial position, results of operations or cash flows.

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3.	ACCRUED LIABILITIES.

As of ~~March~~June 3130, 2017, and December 31, 2016, the Company had $913,~~380~~424 and $3,811 in accrued liabilities, respectively. The accrued liabilities mainly consist of professional fees.

4.	INCOME TAXES

The Company complies with the accounting and reporting requirements of FASB ASC, 740, "Income Taxes," which requires an asset and liability approach to financial accounting and reporting for income taxes. Deferred income tax assets and liabilities are computed for differences between the financial statement and tax bases of assets and liabilities that will result in future taxable or deductible amounts, based on enacted tax laws and rates applicable to the periods in which the differences are expected to affect taxable income. Valuation allowances are established, when necessary, to reduce deferred tax assets to the amount expected to be realized. There were no unrecognized tax benefits as of December 31, 2016. FASB ASC 740 prescribes a recognition threshold and a measurement attribute for the financial statement recognition and measurement of tax positions taken or expected to be taken in a tax return. For those benefits to be recognized, a tax position must be more-likely-than-not to be sustained upon examination by taxing authorities. The Company recognizes accrued interest and penalties related to unrecognized tax benefits as income tax expense. No amounts were accrued for the payment of interest and penalties at December 31, 2016. The Company is currently not aware of any issues under review that could result in significant payments, accruals or material deviation from its position. The adoption of the provisions of FASB ASC 740 did not have a material impact on the Company's financial position and results of operation and cash flows as of and for the period ended December 31, 2016.

As of ~~March~~June 3130, 2017, we had a net operating loss carry-forward of approximately $(4349,~~831~~826) and a deferred tax asset of approximately $1416,~~903~~941 using the statutory rate of 34%. The deferred tax asset may be recognized in future periods, not to exceed 20 years. However, due to the uncertainty of future events we have booked valuation allowance of $(1416,~~903~~941). FASB ASC 740 prescribes recognition threshold and measurement attributes for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. FASB ASC 740 also provides guidance on de-recognition, classification, interest and penalties, accounting in interim periods, disclosure and transition. At ~~March~~June 3130, 2017, the Company had not taken any tax positions that would require disclosure under FASB ASC 740.

	March 31, 2017	December 31, 2016
	June 30, 2017	December 31, 2016
Deferred Tax Asset	$ 1416,~~903~~941	$ 12,720
Valuation Allowance	(1416,~~903~~941)	(12,720)
Deferred Tax Asset (Net)	$ -	$ -

The Company files an income tax return in the U.S. federal jurisdiction and may file income tax returns in various U.S. states and foreign jurisdictions. Generally, the Company is subject to income tax examinations by major taxing authorities during the three year period prior to the period covered by these financial statements.

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5.	GOING CONCERN AND CAPITAL RESOURCES

The accompanying financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. The Company has incurred losses since inception and had accumulated deficit of $4349,~~831~~826 as of ~~March~~June 3130, 2017. The Company requires capital for its contemplated operational activities. The Company’s ability to raise additional capital through the future issuances of common stock is unknown. The obtainment of additional financing, the successful development of the Company’s contemplated plan of operations, and its transition, ultimately, to the attainment of profitable operations are necessary for the Company to continue operations. The ability to successfully resolve these factors raise substantial doubt about the Company’s ability to continue as a going concern. The financial statements of the Company do not include any adjustments that may result from the outcome of these aforementioned uncertainties.

In order to mitigate the risk related with this uncertainty, the Company plans to issue additional shares of common stock for cash and services during the next 12 months.

6.	Stockholders’ Equity

Preferred Stock. The Company is authorized to issue 5,000,000 shares of $0.0001 par value preferred stock. As of ~~March~~June 3130, 2017, no shares of preferred stock had been issued.

Common Stock - The Company is authorized to issue 300,000,000 shares of $0.0001 par value common stock. As of ~~March~~June 3130, 2017, 20,000,000 ~~shares~~ shares were issued and outstanding.

Upon formation of the Company on July 27, 2015, the Board of Directors issued 10,000,000 shares of common stock for $1,000 in services to the founding shareholder of the Company. In addition, the founding shareholder made a contribution of $1,000 to the Company for the period ended June 30, 2016, which is recorded as additional paid-in capital.

On September 12, 2016, the Company entered into a Subscription Agreement with Dongzhi Zhang for the purchase of 20 million shares of its restricted common stock at a price of $0.0001 per share. The sale was the result of a privately negotiated transaction without the use of public dissemination of promotional or sales materials. Richard Chiang, our then sole shareholder, officer and director, and the Company agreed to the redemption of 10,000,000 shares of the Company’s common stock at par value, i.e. $1,000, which had previously been issued to Mr. Chiang.

Mr. Zhang is paying the Company’s expenses and it is recorded as contributed capital. For ~~the~~ ~~three~~the six months ~~March~~June 3130, 2017 and the year ended December 31, 2016, Mr. Zhang contributed $~~850~~2,801 and $3130,351 respectively.

Commitments and Contingencies

There is no commitment or contingency to disclose during the period ended ~~March~~June 3130, 2017.

SUBSEQUENT EVENTS

Management ~~has~~ has evaluated subsequent events up to and including ~~May~~August 229, 2017, which is the date the statements were made available for issuance and determined there are no reportable subsequent events.

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Special Note Regarding Forward-Looking Statements

The following discussion should be read in conjunction with our financial statements, which are included elsewhere in this Form 10-Q (the “Report”). This Report contains forward-looking statements which relate to future events or our future financial performance. In some cases, you can identify forward-looking statements by terminology such as “may,” “should,” “expects,” “plans,” “anticipates,” “believes,” “estimates,” “predicts,” “potential” or “continue” or the negative of these terms or other comparable terminology. These statements are only predictions and involve known and unknown risks, uncertainties, and other factors that may cause our or our industry’s actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. While these forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding the direction of our business, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions or other future performance suggested herein. Except as required by applicable law, including the securities laws of the United States, we do not intend to update any of the forward-looking statements to conform these statements to actual results

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

The Company will attempt to locate and negotiate with a business entity for the combination of that target company with the Company. The combination will normally take the form of a merger, stock-for-stock exchange or stock-for-assets exchange (the "business combination"). In most instances the target company will wish to structure the business combination to be within the definition of a tax-free reorganization under Section 351 or Section 368 of the Internal Revenue Code of 1986, as amended. No assurances can be given that the Company will be successful in locating or negotiating with any target business.

The Company has not restricted its search for any specific kind of businesses, and it may acquire a business which is in its preliminary stage, which is already in operation, or in essentially any stage of its business life. It is impossible to predict the status of any business in which the Company may become engaged, in that such business may need to seek additional capital, may desire to have its shares publicly traded, or may seek other perceived advantages which the Company may offer.

In implementing a structure for a particular business acquisition, the Company may become a party to a merger, consolidation, reorganization, joint venture, or licensing agreement with another corporation or entity.

The Company will participate in a business combination only after the negotiation and execution of appropriate agreements. Negotiations with a target company will likely focus on the percentage of the Company which the target company shareholders would acquire in exchange for their shareholdings. Any merger or acquisition effected by the Company can be expected to have a significant dilutive effect on the percentage of shares held by the Company's shareholders at such time.

~~Results of Operations~~-10-

~~Three Months~~Results ~~Ended~~of ~~March 31, 2017~~Operations

~~Revenues~~Three and Six Months Ended June 30, 2017 and 2016

For the inception through March 31, 2017, we had no revenues. We are completely dependent upon the willingness of our management to fund our initial operations by way of loans or capital contributions from our existing sole shareholder.Revenues

~~Operating~~For the inception through June 30, ~~Expenses~~2017, we had no revenues. We are completely dependent upon the willingness of our management to fund our initial operations by way of loans or capital contributions from our existing sole shareholder.

~~General and~~Operating ~~administrative expenses were $6,419 and $1,674 for the three months ended period ended March 31, 2017 and 2016 respectively.~~Expenses

~~Net~~General and administrative expenses ~~Loss~~were $5,995 and $865 for the three months ended period ended June 30, 2017 and 2016 respectively.

~~Our net~~General ~~losses~~and administrative expenses were $612,~~419~~414 and $12,~~674~~539 for the ~~three~~six months ended period ended ~~March~~June 3130, 2017 and 2016 respectively.

~~Liquidity~~Net Loss

~~The accompanying~~Our ~~financial~~net ~~statements~~losses ~~have~~were ~~been prepared in conformity with generally accepted accounting principles, which contemplate continuation of the Company as a going concern. As of March 31, 2017 and December 31, 2016, we had cash of~~ $~~0 and total liabilities of $9~~5,~~380~~995 and $~~3,811 respectively. Our cash flows from operating activities~~ 865 for the three months ended ~~March~~period 31, 2017 and 2016 resulted in cash used of $850 and $1,050 respectively. Our current cash balance and cash flow from operating activities will not be sufficient to fund our operations. Our cash flow provided by financing activities for the three months ended ~~March~~June 3130, 2017 and 2016 ~~was $850 and $1,050~~ respectively. ~~The Company has a working capital deficiency of $9,380 and a shareholders’ deficit of $9,380 at March 31, 2017.~~

~~-9-~~Our net losses were $12,414 and $2,539 for the six months ended period ended June 30, 2017 and 2016 respectively.

Over the next 12 months we expect to expend approximately $10,000 in cash for legal, accounting and related services. Cash used for other expenditures is expected to be minimal. We hope to be able to attract suitable investors for our business plan, which will not require us to use our cash, although there can be no assurances that we will be successful in these efforts.Liquidity

~~We expect~~The toaccompanying befinancial ~~able~~statements have tobeen ~~secure~~prepared ~~capital~~in ~~through~~conformity ~~advances~~with ~~from~~generally ~~our~~accepted ~~existing~~accounting ~~shareholder~~principles, inwhich ~~order~~contemplate tocontinuation ~~pay~~of ~~expenses~~the ~~such~~Company as a ~~filing~~going ~~fees~~concern. As of June 30, ~~accounting~~ ~~fees~~2017 and ~~legal~~December ~~fees.~~31, We2016, ~~believe~~we ithad ~~will~~cash beof ~~difficult~~$0 toand ~~secure~~total ~~capital~~liabilities inof $13,424 and $3,811 respectively. Our cash flows from operating activities for the ~~future~~six ~~because~~months weended ~~have~~June no30, ~~assets~~2017 toand ~~secure~~2016 resulted in cash used of $2,801 and $1,300 ~~debt~~respectively. Our current cash balance and ~~there~~cash isflow ~~currently~~from nooperating ~~trading~~activities ~~market~~will ~~for~~not be sufficient to fund our ~~securities~~operations. WeOur cash ~~will~~flow ~~need~~provided ~~additional~~by ~~capital~~financing inactivities for the ~~next~~six ~~twelve~~ months ended June 30, 2017 and 2016 was $2,801 and $1,300 respectively. ifThe weCompany ~~cannot~~has ~~raise~~a ~~such~~working capital ondeficiency ~~acceptable~~of ~~terms~~$13,424 weand ~~may~~a ~~have~~shareholders’ todeficit ~~curtail~~of ~~our~~$13,424 ~~operations~~at orJune ~~terminate~~30, ~~our business entirely~~2017.

~~The inability~~Over tothe ~~obtain~~next ~~financing~~12 ormonths ~~generate~~we ~~sufficient cash from operations could require us~~ expect to ~~reduce~~expend orapproximately ~~eliminate expenditures for acquiring suitable partners or otherwise curtail or discontinue our operations~~$10,000 ~~which~~in ~~could~~cash ~~have~~for ~~a material adverse effect on our business~~legal, ~~financial~~accounting ~~condition~~ and ~~results~~related ~~of operations~~services. ~~Furthermore,~~Cash toused ~~the~~for ~~extent~~other ~~that~~expenditures weis ~~raise additional capital through~~expected ~~the~~to ~~sale~~be ofminimal. ~~equity~~We orhope ~~convertible~~to ~~debt~~be ~~securities,~~able ~~the issuance of such securities may result in dilution~~ to ~~existing~~attract ~~stockholders. If~~suitable weinvestors ~~raise~~for ~~additional~~our ~~funds~~business ~~through the issuance of debt securities~~plan, ~~these~~which ~~securities~~will ~~may~~not ~~have~~require ~~rights,~~us ~~preferences and privileges senior~~ to ~~holders~~use of our ~~common stock and the terms of such debt could impose restrictions on our operations. Regardless of whether~~cash, ~~our~~although ~~cash~~there ~~assets~~can ~~prove to~~ be ~~inadequate~~no toassurances ~~meet~~that ~~our operational needs,~~ we ~~may~~will ~~seek~~be tosuccessful ~~compensate providers of services by issuing stock~~ in ~~lieu~~these ~~of cash, which may also result in dilution to existing stockholders~~efforts.

~~Operating~~We expect to be able to secure capital ~~Capital~~through advances from our existing shareholder in order to pay expenses such as filing fees, accounting fees and ~~Capital~~legal ~~Expenditure~~fees. ~~Requirements~~We believe it will be difficult to secure capital in the future because we have no assets to secure debt and there is currently no trading market for our securities. We will need additional capital in the next twelve months and if we cannot raise such capital on acceptable terms, we may have to curtail our operations or terminate our business entirely.

~~Our~~The inability to obtain financing ~~controlling~~or ~~shareholder~~generate ~~expects~~sufficient tocash ~~advance~~from operations could require us ~~additional~~to ~~funding~~reduce or eliminate expenditures for ~~operating~~acquiring ~~costs~~suitable inpartners or ~~order~~otherwise tocurtail ~~implement~~or discontinue our ~~business~~operations, ~~plan~~which could have a material adverse effect on our business, financial condition anand asresults ~~needed~~of ~~basis~~operations. ~~As such~~Furthermore, ~~our~~to ~~operating~~the ~~capital~~extent isthat ~~currently~~we ~~limited~~raise toadditional capital through the ~~resources~~sale of ~~our~~equity ~~controlling~~or ~~shareholder~~convertible debt ~~and~~securities, ~~are subject~~the toissuance ~~our~~of ~~shareholder’s~~such ~~continued~~securities ~~willingness~~may result in dilution to ~~provide~~existing stockholders. If we raise additional ~~loans.~~funds through ~~The~~the ~~loans~~issuance ~~from~~of ~~our~~debt ~~controlling~~securities, ~~shareholder are~~these ~~unsecured~~securities ~~and~~may ~~non-interest~~have ~~bearing~~rights, preferences and ~~have~~privileges nosenior ~~set~~to holders of our common stock and the terms of ~~repayment~~such debt could impose restrictions on our operations. WeRegardless ~~anticipate~~of ~~receiving~~whether ~~additional~~our ~~capital~~cash ~~should~~assets weprove to be ~~able~~inadequate to ~~have~~meet our ~~securities~~operational ~~actively~~needs, ~~trading~~we onmay aseek ~~public~~to ~~exchange~~compensate providers of services by issuing stock in lieu of cash, which may also result in dilution to existing stockholders.

~~Off-Balance~~Operating Capital and Capital ~~Sheet~~Expenditure ~~Arrangements~~Requirements

WeOur controlling shareholder expects ~~have~~to ~~not~~advance ~~entered~~us ~~into~~additional ~~any~~funding ~~off-balance~~for ~~sheet~~operating ~~arrangements~~costs ~~that~~in ~~have~~order orto ~~are~~implement ~~reasonably~~our ~~likely~~business plan on an as needed basis. As such, our operating capital is currently limited to ~~have~~the aresources ~~current~~of orour ~~future~~controlling ~~effect~~shareholder and are subject to our shareholder’s oncontinued willingness to provide additional loans. The loans from our ~~financial~~controlling ~~condition,~~shareholder ~~changes~~are inunsecured ~~financial~~and ~~condition,~~non-interest ~~revenues~~bearing and orhave ~~expenses,~~no ~~results~~set terms of ~~operations,~~repayment. ~~liquidity,~~We ~~capital~~anticipate ~~expenditures or~~receiving additional capital ~~resources~~should ~~and~~we ~~would~~ be ~~considered~~able ~~material~~ to ~~investors~~have our securities actively trading on a public exchange.

~~Item~~Off-Balance 3.Sheet ~~Quantitative and Qualitative Disclosures about Market Risk.~~Arrangements

~~Not~~We have not entered ~~applicable~~into any off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on our financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources and would be considered material to investors.

~~Item 4. Controls and Procedures.~~-11-

~~Evaluation of~~Item ~~Disclosure~~3. ~~Controls~~Quantitative and ~~Procedures~~Qualitative Disclosures about Market Risk.

~~Based on~~Not an evaluation of the Company’s disclosure controls and procedures (as defined in Rules 13a-15(e) and 15d-15(e) of the Exchange Act), as of March 31, 2017, the Company’s Chief Executive Officer and Chief Financial Officer (its principal executive officer and principal financial and accounting officer) has concluded that the Company’s disclosure controls and procedures were not effective at a reasonable assurance levelapplicable.

~~Limitations on~~Item ~~the~~4. ~~Effectiveness~~Controls ofand ~~Controls~~Procedures.

~~A control~~Evaluation ~~system, no matter how well conceived and operated, can provide only reasonable, not absolute, assurance that the objectives~~ of ~~the~~Disclosure ~~control~~Controls ~~system are met. Because of the inherent limitations in all controls systems, no evaluation of controls can provide absolute assurance that all control issues~~ and ~~instances of fraud, if any, within a company have been detected. Our disclosure controls and procedures are designed to provide reasonable assurance of achieving its objectives.~~Procedures

~~Changes~~Based on an evaluation of the Company’s disclosure controls and procedures (as defined in ~~Internal~~Rules ~~Control~~13a-15(e) ~~Over~~and 15d-15(e) of the Exchange Act), as of June 30, 2017, the Company’s Chief Executive Officer and Chief Financial ~~Reporting~~Officer (its principal executive officer and principal financial and accounting officer) has concluded that the Company’s disclosure controls and procedures were not effective at a reasonable assurance level.

~~There have~~Limitations ~~not~~on ~~been any changes in~~ the ~~Company’s~~Effectiveness ~~internal~~of controls over financial reporting that occurred during the Company’s fiscal quarter ended March 31, 2017 that has materially affected, or is reasonably likely to materially affect, the Company’s internal control over financial reporting.Controls

~~-10-~~A control system, no matter how well conceived and operated, can provide only reasonable, not absolute, assurance that the objectives of the control system are met. Because of the inherent limitations in all controls systems, no evaluation of controls can provide absolute assurance that all control issues and instances of fraud, if any, within a company have been detected. Our disclosure controls and procedures are designed to provide reasonable assurance of achieving its objectives.

~~PART II~~Changes -in ~~OTHER~~Internal ~~INFORMATION~~Control Over Financial Reporting

~~Item~~There 1.have ~~Legal~~not ~~Proceedings~~been any changes in the Company’s internal controls over financial reporting that occurred during the Company’s fiscal quarter ended June 30, 2017 that has materially affected, or is reasonably likely to materially affect, the Company’s internal control over financial reporting.

~~None.~~-12-

~~Item~~PART ~~1A.~~II ~~Risk~~- ~~Factors.~~OTHER INFORMATION

~~We are~~Item a1. ~~smaller~~Legal ~~reporting company and, therefore, we are not required to provide information required by this Item~~Proceedings.

~~Item 2~~None. ~~Unregistered Sales of Equity Securities and Use of Proceeds.~~

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

~~Item~~We 3.are ~~Defaults~~a ~~Upon~~smaller ~~Senior~~reporting ~~Securities~~company and, therefore, we are not required to provide information required by this Item.

~~None~~Item 2. Unregistered Sales of Equity Securities and Use of Proceeds.

~~Item 4~~None. ~~Mine Safety Disclosures.~~

~~Not applicable~~Item 3. Defaults Upon Senior Securities.

~~Item 5~~None. ~~Other Information.~~

~~None~~Item 4. Mine Safety Disclosures.

~~Item~~Not 6applicable. ~~Exhibits.~~

Number		Description
31.1*		Certification of Chief Executive Officer Pursuant to Sarbanes-Oxley Section 302
31.2*		Certification of Chief Financial Officer Pursuant to Sarbanes-Oxley Section 302
32.1**		Certification Pursuant To 18 U.S.C. Section 1350, as adopted to Section 906 of the Sarbanes-Oxley Act of 2002
101.INS*		XBRL Instance Document
101.SCH*		XBRL Taxonomy Extension Schema Document
101.CAL*		XBRL Taxonomy Extension Calculation Linkbase Document
101.DEF*		XBRL Taxonomy Extension Definition Linkbase Document
101.LAB*		XBRL Taxonomy Extension Label Linkbase Document
101.PRE*		XBRL Taxonomy Extension Presentation Linkbase Document

Item 5.

Other Information.

* Filed herewithNone.

-1113-

~~SIGNATURES~~Item 6. Exhibits.

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.

Number		Description

31.1*		Certification of Chief Executive Officer Pursuant to Sarbanes-Oxley Section 302

31.2*		Certification of Chief Financial Officer Pursuant to Sarbanes-Oxley Section 302

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

101.INS*		XBRL Instance Document

101.SCH*		XBRL Taxonomy Extension Schema Document

101.CAL*		XBRL Taxonomy Extension Calculation Linkbase Document

101.DEF*		XBRL Taxonomy Extension Definition Linkbase Document

101.LAB*		XBRL Taxonomy Extension Label Linkbase Document

101.PRE*		XBRL Taxonomy Extension Presentation Linkbase Document

	DANYANG SPECIAL CABLE FACTORY INC.
Dated: May 22, 2017	By:	/s/ Dongzhi Zhang
	Name:	Dongzhi Zhang
	Title:	Chief Executive Officer

* Filed herewith.

-1214-

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.

	DANYANG SPECIAL CABLE FACTORY INC.

Dated: August 9, 2017	By:	/s/ Dongzhi Zhang
	Name:	Dongzhi Zhang
	Title:	Chief Executive Officer

-15-

Exhibit 31.1

CERTIFICATION

Pursuant to 18 U.S.C. Section 1350,

As adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002

I, Dongzhi Zhang, certify that:

1.	I have reviewed this quarterly report on Form 10-Q of Danyang Special Cable Factory Inc. (the “registrant”);

2.	Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3.	Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

	(a)	Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

	(b)	Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

	(c)	Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures as of the end of the period covered by this report based on such evaluation; and

	(d)	Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5.	The registrant’s other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

(a)

All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

(b)

Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

Dated: August 9, 2017	Signature:	/s/ Dongzhi Zhang
		Dongzhi Zhang, Chief Executive Officer and Chairman of the Board
		(principal executive officer)

-16-

Exhibit 31.2

CERTIFICATION

Pursuant to 18 U.S.C. Section 1350,

As adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002

I, Lijuan Zhang, certify that:

1.	I have reviewed this quarterly report on Form 10-Q of Danyang Special Cable Factory Inc. (the “registrant”);

2.	Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3.	Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

	(a)	Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

	(b)	Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

	(c)	Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures as of the end of the period covered by this report based on such evaluation; and

	(d)	Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5.	The registrant’s other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

	(a)	All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

	(b)	Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

Dated: August 9, 2017	Signature:	/s/ Lijuan Zhang
		Lijuan Zhang, Chief Financial Officer
		(principal financial and accounting officer)

-17-

Exhibit 32.1

CERTIFICATION

Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002

(subsections (a) and (b) of Section 1350, Chapter 63 of Title 18, United States Code)

Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 (subsections (a) and (b) of Section 1350, Chapter 63 of Title 18, United States Code), the undersigned officer of Danyang Special Cable Factory Inc., a Delaware corporation (the “Company”), does hereby certify, to such officer’s knowledge, that:

The Quarterly Report on Form 10-Q for the quarter ended June 30, 2017 (the “Form 10-Q”) of the Company fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934 and information contained in the Form 10-Q fairly presents, in all material respects, the financial condition and results of operations of the Company.

Dated: August 9, 2017

By:

/s/ Dongzhi Zhang

Dongzhi Zhang, Chief Executive Officer

By:

/s/ Lijuan Zhang

Lijuan Zhang, Chief Financial Officer

The foregoing certification is being furnished solely pursuant to section 906 of the Sarbanes-Oxley Act of 2002 (subsections (a) and (b) of Section 1350, Chapter 63 of Title 18, United States Code) and is not being filed as part of Form 10-Q or as a separate disclosure document.

A signed original of this written statement required by Section 906 has been provided to the Company and will be retained by the Company and furnished to the Securities and Exchange Commission or its staff upon request.

-18-

Filing Compare · ZhongTai Biotechnology Pharmaceutical Group Co., Ltd