UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of Earliest Event Reported): ~~October~~December 113, ~~2010~~2011

HOME SYSTEM GROUP

(Exact name of registrant as specified in its charter)

Nevada	000-49770	43-1954776
(State or other jurisdiction of	(Commission File Number)	(IRS Employer Identification No.)
incorporation or organization)

Oceanic Industry Park, Sha Gang Highway, Gang Kou Town, Zhongshan City, Guangdong ~~Province,~~People’s ~~P.R.~~Republic of China, 528447 (Address of principal executive offices)

(347-) 624-5699 (Registrant’s telephone number, including area code) N/A (Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

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

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 24.01 ~~Completion~~Changes ofin ~~Acquisition~~Registrant's ofCertifying ~~Assets.~~Accountant

~~Completion~~(a) ofResignation ~~Acquisition~~ of ~~100%~~ ofPrincipal ~~Jinxinglong Electrical Appliances Co~~Accountants.~~, Ltd.~~

~~Effective~~By onletter ~~October~~dated ~~1st~~December 13, ~~2010~~2011, ~~Home~~Acquavella, ~~System Group (“HSG”)~~Chiarelli, ~~a Nevada corporation~~Shuster, ~~completed~~Berkower ~~its~~& ~~acquisition of 100% of the outstanding stock of Jinxinglong Electrical Appliances~~ Co., ~~Ltd.~~LLP ~~(“Jinxinglong”),~~resigned aas ~~limited~~independent ~~liability~~registered ~~company~~public ~~organized~~accounting ~~under~~firm ~~the laws~~ of ~~the~~Home ~~People’s~~System ~~Republic~~Group ~~of China~~ (~~“PRC”) pursuant to~~ the ~~Equity Ownership Transfer Agreement, dated as of July 15, 2010 (the~~ “~~Jinxinglong Exchange Agreement~~Company”)~~, among Asia Forever Investment Limited (“Asia Forever”), a wholly-owned subsidiary of HSG and Zhongshan City Weihe Appliances Co~~., Ltd. ("Weihe"), a limited liability company organized under the laws of the PRC and a wholly-owned subsidiary of Asia Forever on the one hand, and Jinxinglong and all of the shareholders of Jinxinglong on the other hand (the "Shareholders").

~~Pursuant~~Acquavella, toChiarelli, ~~the~~Shuster, ~~terms~~Berkower of& ~~the Jinxinglong Exchange Agreement~~Co., ~~HSG~~LLP ~~has~~reported ~~paid~~on ~~$3,000,000~~the ~~(paid~~Company's inconsolidated ~~Renminbi)~~financial statements for the ~~first~~year ~~and~~ended ~~second~~December ~~installments~~31, of2009 and reviewed the ~~total~~Company’s ~~purchase~~unaudited ~~price~~consolidated offinancial ~~$15,000,000~~statements tofor the ~~Shareholders~~periods ~~and~~ended ~~effective~~March ~~October 1~~31, 2010, ~~the~~June ~~Shareholders~~30, ~~have~~2010 ~~transferred~~and ~~70%~~September of30, ~~their~~2010. ~~shares~~For inthese ~~Jinxinglong~~periods ~~to Weihe~~ and ~~30%~~up ofto ~~their~~the ~~shares~~date of ~~Jinxinglong~~this toreport, ~~Asia~~there ~~Forever. The~~were ~~transfer~~no ofdisagreements ~~the~~with ~~shares~~Acquavella, ~~from~~Chiarelli, ~~the~~Shuster, ~~Shareholders~~Berkower to& ~~Weihe~~Co., ~~and~~LLP ~~Asia~~on ~~Forever~~any ~~has~~matter ~~been~~of ~~registered~~accounting ~~with~~principle ~~the~~or ~~appropriate~~practices, ~~PRC~~financial ~~governmental~~statement ~~agency~~disclosure, ~~which~~or ~~has~~auditing ~~approved~~scope ~~the~~or ~~share~~procedure, ~~transfer. The~~which ~~remaining $12~~disagreement(s),~~000,000~~ ofif ~~purchase~~not ~~price~~resolved ~~will~~to bethe ~~paid~~satisfaction inof ~~installments~~Acquavella, ~~over~~Chiarelli, ~~the~~Shuster, ~~next~~Berkower 15& ~~months~~Co., inLLP, ~~accordance~~would ~~with~~have ~~the~~caused ~~terms~~it ofto ~~the~~make ~~Exchange~~reference ~~Agreement,~~thereto ain ~~copy~~its ofreport ~~which~~on ~~was~~the ~~included~~financial asstatements anfor ~~exhibit~~such toyear. During ~~the~~such ~~Company's~~periods, ~~Current~~there ~~Report~~were onno ~~Form~~reportable ~~8-K~~events ~~filed~~within ~~with~~ the ~~SEC~~meaning onset ~~July~~forth ~~20,~~in ~~2010~~Item 304(~~File~~a)(1)(v) ~~Number~~of ~~10960377)~~Regulation S-K.

~~Completion~~The report of ~~Acquisition~~Acquavella, Chiarelli, Shuster, Berkower & Co., LLP on the financial statements of ~~90%~~ the Company for the fiscal year ended December 31, 2009 did not contain any adverse opinion or disclaimer of ~~Zhongshan~~opinion ~~Sanfan~~and ~~Electrical~~was ~~Appliances~~not ~~Co.~~qualified or modified as to uncertainty, ~~Ltd~~audit scope or accounting principles.

~~Effective~~The onCompany ~~October~~provided ~~1st~~Acquavella, ~~2010~~Chiarelli, ~~HSG~~Shuster, ~~completed~~Berkower ~~its~~& ~~acquisition~~Co., LLP with a copy of ~~Zhongshan~~the ~~Sanfan~~foregoing ~~Electrical~~disclosure ~~Appliances~~and ~~Co.,~~requested ~~Ltd.~~that ~~(“Sanfan”)~~Acquavella, aChiarelli, ~~limited~~Shuster, ~~liability~~Berkower ~~company~~& ~~organized~~Co., ~~under~~LLP provide the ~~laws~~Company ofwith ~~the~~a ~~PRC, pursuant~~letter addressed to the ~~Equity~~Securities ~~Transfer~~and ~~Agreement~~Exchange ~~dated~~Commission asstating ofwhether ~~May~~it ~~31,~~agrees ~~2010~~with (the ~~“Sanfan~~statements ~~Exchange~~made ~~Agreement”)~~by the Company in response to this item. A copy of such letter, ~~among~~dated ~~Weihe~~March 14, ~~Sanfan~~2012, ~~and~~is ~~all~~filed ofas ~~the~~Exhibit ~~shareholders~~16.1 ofto ~~Sanfan~~this ~~(the~~Current ~~"Sanfan~~Report ~~Shareholders")~~on Form 8-K.

~~Pursuant~~(b) toEngagement ~~the terms~~ of ~~the~~Principal ~~Sanfan Exchange Agreement, HSG has paid $2,400,000 for the first and second installments of the total purchase price of $12,000,000 to the Sanfan Shareholders and effective October 1, 2010~~Accountants. The Sanfan Shareholders transferred 90% of their shares in Sanfan to Weihe. This transfer of the shares to Weihe has been registered with the appropriate PRC governmental agency. The remaining purchase price of $9,600,000 will be paid in installments over the next 15 months in accordance with the terms of the Sanfan Exchange Agreement, a copy of which was included as an exhibit to the Company's Current Report on Form 8-K filed with the SEC on June 4, 2010 (File Number 10878661).

~~Item~~On 9March 8, 2012, the Company engaged Goldman Kurland Mohidin LLP, as its independent registered public accountants for the fiscal years ending December 31, 2011and 2010.01 ~~Financial~~The ~~Statements~~decision ~~and~~to ~~Exhibits~~engage Goldman Kurland Mohidin LLP was approved by the Board of Directors of the Company on March 8, 2012.

During the Company's two most recent fiscal years ended December 31, 2011 and 2010 and through the date of this Current Report, the Company did not consult with Goldman Kurland Mohidin LLP on (i) the application of accounting principles to a specified transaction, either completed or proposed, or the type of audit opinion that may be rendered on the Company's financial statements, and Goldman Kurland Mohidin LLP did not provide either a written report or oral advice to the Company that Goldman Kurland Mohidin LLP concluded was an important factor considered by the Company in reaching a decision as to any accounting, auditing, or financial reporting issue; or (ii) ~~Financial~~the ~~Statements~~subject of ~~Businesses~~any ~~Acquired~~disagreement, as defined in Item 304 (a)(1)(iv) of Regulation S-K and the related instructions, or a reportable event within the meaning set forth in Item 304(a)(1)(v) of Regulation S-K.

~~The financial statements required by~~ Item 9.01~~(a)~~: ofFinancial ~~Form~~Statements ~~8-K~~and ~~will be filed by amendment to this Current Report on Form 8-K not later than seventy-one (71) calendar days after the date that this Current Report on Form 8-K must be filed~~Exhibits.

~~(b) Pro~~16.1 ~~Forma~~Letter ~~Financial~~from ~~Information~~Acquavella, Chiarelli, Shuster, Berkower & Co., LLP dated March 14 , 2012 to the Securities and Exchange Commission

The pro forma financial statements required by Item 9.01(b) of Form 8-K will be filed by amendment to this Current Report on Form 8-K not later than seventy-one (71) calendar days after the date that this Current Report on Form 8-K must be filed.

SIGNATURES

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

	~~HOME SYSTEM GROUP~~	HOME SYSTEM GROUP
Date: October 1, 2010	By:	/s/ Yu Lei
Date: March 14 ,2012		By:	/s/ Lei Yu
	Yu Lei
			Lei Yu
	~~Chief Executive Officer~~		Chief Executive Officer

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