UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

_______________

FORM 10-Q

_______________

(Mark One)

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

For the quarterly period ended ~~December~~March 31, ~~2010~~2011

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

For the transition period from ______to______.

~~EUROPA~~CHINA ~~ACQUISITION~~INSURE ~~III~~HOLDINGS, INC.

(Exact name of registrant as specified in ~~Charter~~charter)

Nevada		000-54039		27-3819635
(State or other jurisdiction of incorporation or organization)		(Commission File NoNumber.)		(~~IRS~~I.R.S. ~~Employee~~Employer Identification No.)

~~100~~17th ~~Europa Drive, Suite 455~~Floor

~~Chapel~~Fuhua ~~Hill~~Mansion, ~~North~~Building ~~Carolina 27517~~D

~~(Address~~8 ofChaoyangmen ~~Principal Executive Offices)~~Beidajie

Chaoyangmen District, Beijing China

(Address of principal executive offices)

_______________

(~~919~~718) ~~933-2720~~255 4700

(~~Issuer~~Registrant’s ~~Telephone~~telephone number, including area code)

_______________

(Former ~~Name~~name, orformer ~~Former~~ Address and former fiscal year, if ~~Changed~~changed ~~Since~~since ~~Last~~last ~~Report~~report)

~~Check~~Indicate by check mark whether the ~~issuer~~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 ~~issuer~~registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes x No o

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

~~Yes o~~Indicate Noby ocheck 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 Rule 12b-2 of the Exchange Act.:

~~Indicate~~Large byAccelerated ~~check~~Filer ~~mark~~o ~~whether~~Accelerated ~~the~~Filer ~~registrant~~o isNon-Accelerated aFiler ~~large~~o (Do ~~accelerated~~not ~~filer,~~check anif ~~accelerated filer,~~ a ~~non-accelerated filer or a~~ smaller reporting company) Smaller ~~filer. See~~Reporting ~~definition~~Company ~~of “accelerated filer” and “large accelerated filer” in Rule 12b-2 of the Exchange Act (Check one):~~x

~~Large~~Indicate ~~Accelerated~~by ~~Filer~~check ~~o Accelerated~~mark ~~Filer~~whether ~~o Non~~the registrant is a shell company (as defined in Rule 12b-~~Accelerated~~2 ~~Filer~~of ~~o Smaller~~the ~~Reporting~~Exchange ~~Company~~Act). Yes x No o

Indicate bythe ~~check~~number ~~mark~~of ~~whether~~shares ~~the~~outstanding ~~registrant~~of iseach aof ~~shell~~the ~~company~~issuer’s asclasses ~~defined~~of incommon ~~Rule~~stock: ~~12b-2~~As of ~~the~~May ~~Exchange~~23, ~~Act~~2011, there were 100,000 shares, $.001 ~~Yes~~par ~~x No~~value, oof common stock outstanding.

~~State~~CHINA ~~the~~INSURE ~~number of shares outstanding of each of the issuer’s classes of common equity~~HOLDINGS, ~~as of January 13, 2011: 100,000 shares of common stock~~INC.

~~EUROPA~~Quarterly ~~ACQUISITION~~Report ~~III,~~on ~~INC.~~Form 10-Q for the

~~FORM~~Quarterly ~~10-Q~~Period Ended March 31, 2011

~~December~~Table ~~31,~~of ~~2010~~Contents

INDEX

		Page
PART I. FINANCIAL INFORMATION
Item 1. Financial Statements		1
Condensed Balance Sheets as of March 31, 2011 (Unaudited) and June 30, 2010		1
Condensed Statements of Operations for the Three and Nine Month Periods Ended March 31, 2011 (Unaudited) and from the Period June 30, 2010 (Inception) to March 31, 2011 (Unaudited)		2
Condensed Statement of Changes in Stockholders’ Deficiency for the Period From June 30, 2010 (Inception) to March 31, 2011 (Unaudited)		3
Condensed Statements of Cash Flows for the Nine Month Period Ended March 31, 2011 (Unaudited) and from the Period June 30, 2010 (Inception) to March 31, 2011 (Unaudited)		4
Condensed Notes to Financial Statements (Unaudited)		5
Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations		9
Item 3. Quantitative and Qualitative Disclosures About Market Risk		11
Item 4. Controls and Procedures		11

PART II. OTHER INFORMATION
Item 1. Legal Proceedings		12
Item 1A. Risk Factors		12
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds		12
Item 3. Defaults upon Senior Securities		12
Item 4. (Removed and Reserved)		12
Item 5. Other Information		12
Item 6. Exhibits		12

Signatures		13

~~PART~~CHINA ~~I--~~INSURE ~~FINANCIAL~~HOLDINGS, ~~INFORMATION~~INC.

Item 1.	Financial Statements
Item 2.	Management’s Discussion and Analysis or Plan of Operation
Item 3	Quantitative and Qualitative Disclosures About Market Risk
Item 4T	Control and Procedures

(f/k/a EUROPA ACQUISITION III, INC.)

PART II-- OTHER INFORMATION

Item 1	Legal Proceedings
Item 1A	Risk Factors
Item 2.	Unregistered Sales of Equity Securities and Use of Proceeds
Item 3.	Defaults Upon Senior Securities
Item 4.	(Removed & Reserved)
Item 5.	Other Information
Item 6.	Exhibits

SIGNATURE

EUROPA ACQUISITION III, INC.

(A DEVELOPMENT STAGE COMPANY)

CONTENTS

PAGE	1	CONDENSED BALANCE SHEETS AS OF ~~DECEMBER~~MARCH 31, ~~2010~~2011 (UNAUDITED) AND JUNE 30, 2010
PAGE	2	CONDENSED ~~STATEMENT~~STATEMENTS OF OPERATIONS FOR THE THREE AND ~~SIX~~NINE MONTH PERIODS ~~ENDING~~ENDED ~~DECEMBER~~MARCH 31, ~~2010~~2011 (UNAUDITED) AND THE PERIOD JUNE 2930, 2010 (INCEPTION) TO ~~DECEMBER~~MARCH 31, ~~2010~~2011 (UNAUDITED)
PAGE	3	CONDENSED STATEMENT OF CHANGES IN STOCKHOLDERS’ DEFICIENCY FOR THE PERIOD FROM JUNE 2930, 2010 (INCEPTION) TO ~~DECEMBER~~MARCH 31, ~~2010~~2011 (UNAUDITED)
PAGE	4	CONDENSED ~~STATEMENT~~STATEMENTS OF CASH FLOWS FOR THE ~~SIX~~NINE MONTH PERIOD ~~ENDING~~ENDED ~~DECEMBER~~MARCH 31, ~~2010~~2011 (UNAUDITED) AND THE PERIOD JUNE 2930, 2010 (INCEPTION) TO ~~DECEMBER~~MARCH 31, ~~2010~~2011 (UNAUDITED)
PAGES	5- 78	CONDENSED NOTES TO FINANCIAL STATEMENTS (UNAUDITED)

Europa Acquisition III, Inc.
China inSure Holdings, Inc.
(f/k/a Europa Acquisition III, Inc.)
(A Development Stage Company)
Condensed Balance Sheets
	December 31, 2010			June 30, 2010
	March 31, 2011			June 30, 2010
ASSETS	(Unaudited)
	(Unaudited)
ASSETS
Total Assets	$	-		$	-
LIABILITIES AND STOCKHOLDERS' DEFICIENCY
Current Liabilities
Accounts Payable	$	~~4,913~~756		$	1,250
Loan Payable Related Party		2,~~112~~975			-
Total Liabilities		73,~~025~~731			1,250
Commitments and Contingencies		-			-
Stockholders' Deficiency
Preferred stock, $0.001 par value; 10,000,000 shares authorized,
none issued and outstanding		-			-
Common stock, $0.001 par value; 100,000,000 shares authorized, 100,000		100			100
and 100,000 issued and outstanding respectively
Additional paid-in capital		~~900~~9,897			900
Deficit accumulated during the development stage		(813,~~025~~728	)		(2,250	)
Total Stockholders' Deficiency		(73,~~025~~731	)		(1,250	)
Total Liabilities and Stockholders' Deficiency	$	-		$	-

See Accompanying Notes to Condensed Unaudited Financial Statements

Europa Acquisition III, Inc.

China inSure Holdings, Inc.

(f/k/a Europa Acquisition III, Inc.)

(A Development Stage Company)

Condensed Statement of Operations

Condensed Statements of Operations

(Unaudited)

For The Six

For The Three

For the Period from June 29, 2010

For The Nine Months Ended

For The Three Months Ended

For the Period from June 30, 2010 (Inception) to

Months Ended December 31, 2010

(Inception) to December 31, 2010

March 31, 2011

Operating Expenses

Professional fees

59,~~775~~275

~~913~~4,625

711,~~025~~650

General and administrative

-2,203

-1,078

12,~~000~~078

Total Operating Expenses

511,~~775~~478

~~913~~5,703

813,~~025~~728

LOSS FROM OPERATIONS BEFORE INCOME TAXES

(511,~~775~~478

)

(~~913~~5,703

)

(813,~~025~~728

)

Provision for Income Taxes

NET LOSS

(511,~~775~~478

)

(~~913~~5,703

)

(813,~~025~~728

)

Net Loss Per Share - Basic and Diluted

(0.0611

)

(0.0106

)

Weighted average number of shares outstanding

during the period - Basic and Diluted

100,000

See Accompanying Notes to Condensed Unaudited Financial Statements

Europa Acquisition III, Inc.
China inSure Holdings, Inc.
(f/k/a Europa Acquisition III, Inc.)
(A Development Stage Company)
Condensed Statement of Changes in Stockholders' Deficiency
For the Period from June 29, 2010 (Inception) to December 31, 2010
For the Period from June 30, 2010 (Inception) to March 31, 2011
(Unaudited)
											Deficit
	Preferred Stock				Common stock				Additional		accumulated during			Total
									paid-in		development			Stockholders'
	Shares		Amount		Shares		Amount		capital		stage			Deficiency
Common stock issued for services to founder ($0.01/share)		-	$	-		100,000	$	100	$	900	$	-		$	1,000
Net loss for the one day period ending June 30, 2010		-		-		-		-		-		(2,250	)		(2,250	)
Balance, June 30, 2010		-		-		100,000		100		900		(2,250	)		(1,250	)
Net loss for the six months ending December 31, 2010		-		-		-		-		-		(5,775	)		(5,775	)
Payment of accounts payable and debt forgiveness by a related party on Company's behalf		-		-		-		-		8,997		-			8,997
Balance, December 31, 2010		-	$	-		100,000	$	100	$	900	$	(8,025	)	$	(7,025	)
Net loss for the nine months ending March 31, 2011		-		-		-		-		-		(11,478	)		(11,478	)
Balance, March 31, 2011		-	$	-		100,000	$	100	$	9,897	$	(13,728	)	$	(3,731	)

See Accompanying Notes to Condensed Unaudited Financial Statements

Europa Acquisition III, Inc.
China inSure Holdings, Inc.
(f/k/a Europa Acquisition III, Inc.)
(A Development Stage Company)
Condensed Statement of Cash Flows
Condensed Statements of Cash Flows
(Unaudited)
				For the Period from
	For The Six Months Ended			June 29, 2010 (Inception) to
	For The Nine Months Ended			June 30, 2010 (Inception) to
	December 31, 2010			December 31, 2010
	March 31, 2011			March 31, 2011
Cash Flows From Operating Activities:
Net Loss	$	(511,~~775~~478	)	$	(813,~~025~~728	)
Adjustments to reconcile net loss to net cash used in operations
Common stock issued for services		-			1,000
Changes in operating assets and liabilities:
Increase in accounts payable and accrued expenses		3,663			4,913
Increase (Decrease) in accounts payable and accrued expenses		(494	)		756
Net Cash Used In Operating Activities		(211,~~112~~972	)		(211,~~112~~972	)
Cash Flows From Financing Activities:
Increase in loan payable - related party		2,112			2,112
Proceeds from loan payable - related party		5,087			5,087
Net Cash Provided by Financing Activities		2,112			2,112
Payment of loan payable - related party		(2,112	)		(2,112	)
Contribution of capital by principal stockholder		8,997			8,997
Net Cash Provided by Financing Activities		11,972			11,972
Net Increase in Cash		-			-
Cash at Beginning of Period		-			-
Cash at End of Period	$	-		$	-
Supplemental disclosure of cash flow information:
Cash paid for interest	$	-		$	-
Cash paid for taxes	$	-		$	-

See Accompanying Notes to Condensed Unaudited Financial Statements

~~EUROPA~~CHINA ~~ACQUISITION~~inSURE ~~III~~HOLDINGS, INC.

(f/k/aEUROPA ACQUISITION III, INC.)

(A DEVELOPMENT STAGE COMPANY)

CONDENSED NOTES TO FINANCIAL STATEMENTS

AS OF ~~DECEMBER~~MARCH 31, ~~2010~~2011

(UNAUDITED)

NOTE 1 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND ORGANIZATION

(A) Basis of Presentation

The accompanying unaudited condensed financial statements have been prepared in accordance with accounting principles generally accepted in The United States of America and the rules and regulations of the Securities and Exchange Commission for interim financial information. Accordingly, they do not include all the information necessary for a comprehensive presentation of financial position and results of operations.

It is management's opinion, however that all material adjustments (consisting of normal recurring adjustments) have been made which are necessary for a fair financial statements presentation. The results for the interim period are not necessarily indicative of the results to be expected for the year.

(B) Organization

Europa Acquisition III, Inc. (a development stage company) (the "Company") was incorporated under the laws of the State of Nevada on June 30, 2010. The Company was organized to provide business services and financing to emerging growth entities.

The Company was formed to engage in any lawful corporate undertaking, including, but not limited to, selected mergers and acquisitions. It has been in the developmental stage since inception and has no operations to date. It will attempt to locate and negotiate with a business entity for the combination of that target company with us. The combination will normally take the form of a merger, stock- for-stock exchange or stock-for-assets exchange. 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 it will be successful in locating or negotiating with any target company.

Activities during the development stage include developing the business plan and raising capital.

~~(C)~~Effective ~~Use~~January 13, 2011, the Company filed with the State of ~~Estimates~~Nevada Certificate of Amendment of Certificate of Incorporation changing our name from Europa Acquisition III, Inc., to China inSure Holdings, Inc (See Note 3(B)).

In preparing financial statements in conformity with generally accepted accounting principles, management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements and revenues and expenses during the reported period. Actual results could differ from those estimates.

~~EUROPA~~CHINA ~~ACQUISITION~~inSURE ~~III~~HOLDINGS, INC.

(f/k/aEUROPA ACQUISITION III, INC.)

(A DEVELOPMENT STAGE COMPANY)

CONDENSED NOTES TO FINANCIAL STATEMENTS

AS OF ~~DECEMBER~~MARCH 31, ~~2010~~2011

(UNAUDITED)

(D) Cash and Cash Equivalents

The Company considers all highly liquid temporary cash investments with an original maturity of three months or less to be cash equivalents. At ~~December~~March 31, ~~2010~~2011 and June 30, 2010, the Company had no cash equivalents.

(E) Loss Per Share

Basic and diluted net loss per common share is computed based upon the weighted average common shares outstanding as defined by FASB Accounting Standards Codification Topic 260, “Earnings Per Share.” As of ~~December~~March 31, ~~2010~~2011, there were no common share equivalents outstanding.

(F) Income Taxes

The Company accounts for income taxes under FASB Codification Topic 740-10-25 (“ASC 740-10-25”). Under ASC 740-10-25, deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. Under ASC 740-10-25, the effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date.

(G) Business Segments

The Company operates in one segment and therefore segment information is not presented.

(H) Revenue Recognition

The Company will recognize revenue on arrangements in accordance with FASB ASC No. 605, “Revenue Recognition”. In all cases, revenue is recognized only when the price is fixed and determinable, persuasive evidence of an arrangement exists, the service is performed and collectability of the resulting receivable is reasonably assured.

(I)Fair Value of Financial Instruments

The carrying amount reported in the balance sheet for accounts payable and loan payable related party approximate fair value based on the short-term maturity of these instruments.

~~EUROPA~~CHINA ~~ACQUISITION~~inSURE ~~III~~HOLDINGS, INC.

(f/k/aEUROPA ACQUISITION III, INC.)

(A DEVELOPMENT STAGE COMPANY)

CONDENSED NOTES TO FINANCIAL STATEMENTS

AS OF ~~DECEMBER~~MARCH 31, ~~2010~~2011

(UNAUDITED)

~~NOTE~~(I)Fair ~~2 STOCKHOLDERS’~~Value ~~DEFICIENCY~~of Financial Instruments

The carrying amount reported in the balance sheet for accounts payable and loan payable related party approximate fair value based on the short-term maturity of these instruments.

NOTE 2 LOAN PAYABLE - RELATED PARTY

During the nine months ended March 31, 2011, the principal stockholder loaned the Company $2,975 to pay expenses. The note is non interest bearing, unsecured and due on demand. (See Note 4).

NOTE 3 STOCKHOLDERS’ DEFICIENCY

(A) Stock Issued for Services

On June 30, 2010, the Company issued 100,000 shares of common stock to its founders having a fair value of $1,000 ($0.01/share) in exchange for services provided (See Note 34).

~~NOTE~~(B) ~~3 RELATED~~Amendment ~~PARTY~~to ~~TRANSACTION~~Articles of Incorporation

On ~~June~~January 3013, ~~2010~~2011, the Company ~~issued~~emended ~~100,000~~its ~~shares~~Articles of ~~common~~Incorporation ~~stock~~ to change its ~~founders~~name ~~having~~to aChina ~~fair~~inSure ~~value~~Holdings ~~of $1,000 ($0~~Inc.~~01/share) in exchange for services provided (See Note 2).~~

~~During the six month period ending December 31, 2010, Europa Capital~~ (~~a related party~~C) Expenses paid ~~$2112 in legal expenses and filing fees~~ on ~~behalf of the~~ Company.’s’ ~~These amounts are recorded as a related party loan payable. The amounts are unsecured, non interest bearing and due on demand.~~behalf

~~NOTE~~During ~~4 GOING~~the ~~CONCERN~~nine months ended March 31, 2011, the principal stockholder paid $6,885 of accounts payable on the Company’s behalf, which was recorded as an in kind contribution of capital (See Note 4).

As reflected in the accompanying unaudited condensed financial statements, the Company is in the development stage with limited operations. The Company has a net loss of $8025 from inception and a working capital and stockholders’ deficiency of $7025 at December 31, 2010 and used $2112 cash in operations from inception. This raises substantial doubt about its ability to continue as a going concern. The ability of the Company to continue as a going concern is dependent on the Company’s ability to raise additional capital and implement its business plan. The financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern. Management intends to provide the Company with additional loans as needed and is seeking a merger target to implement its strategic plans. Management feels these actions provide the opportunity for the Company to continue as a going concern.

~~Item~~CHINA ~~2. Management’s~~inSURE ~~Discussion~~HOLDINGS, ~~and Analysis or Plan of Operation~~INC.

(f/k/aEUROPA ACQUISITION III, INC.)

(A DEVELOPMENT STAGE COMPANY)

CONDENSED NOTES TO FINANCIAL STATEMENTS

AS OF MARCH 31, 2011

(UNAUDITED)

NOTE 4 RELATED PARTY TRANSACTIONS

On June 30, 2010, the Company issued 100,000 shares of common stock to its founders having a fair value of $1,000 ($0.01/share) in exchange for services provided (See Note 3(A)).

During the nine month ending March 31, 2011, Europa Capital (a related party) paid $2,112 in legal expenses and filing fees on behalf of the Company. These amounts are recorded as a related party loan payable. The amounts are unsecured, non interest bearing and due on demand. As of March 31, 2011, the principal stockholder forgave loans of $2,112 and this was recorded by the Company as contributed capital (See note 3(C)).

During the nine months ended March 31, 2011, the principal stockholder paid $6,885 of accounts payable on the Company’s behalf, which was recorded as an in kind contribution of capital (See Note 3(C)).

During the nine months ended March 31, 2011, the principal stockholder loaned the Company $2,975 to pay expenses (See Note 2).

NOTE 5 GOING CONCERN

As reflected in the accompanying condensed unaudited financial statements, the Company is in the development stage with limited operations. The Company has a net loss of $13,728 from inception and a working capital and stockholders’ deficiency of $3,731 at March 31, 2011 and used $11,972 of cash in operations from inception. This raises substantial doubt about its ability to continue as a going concern. The ability of the Company to continue as a going concern is dependent on the Company’s ability to raise additional capital and implement its business plan. The financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern. Management intends to provide the Company with additional loans as needed and is seeking a merger target to implement its strategic plans. Management feels these actions provide the opportunity for the Company to continue as a going concern.

NOTE 6 SUBSEQUENT EVENT

On May 18, 2011, the Company entered into a loan agreement with the principal shareholder to pay up to $15,000 on behalf of the Company for current and future operating costs. The loan is non-interest bearing and due on demand.

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

The following plan of operation provides information which management believes is relevant to an assessment and understanding of our results of operations and financial condition. The discussion should be read along with our financial statements and notes thereto. The following discussion and analysis contains forward-looking statements, which involve risks and uncertainties. Our actual results may differ significantly from the results, expectations and plans discussed in these forward-looking statements.

Plan of Operation

We were organized as a vehicle to investigate and, if such investigation warrants, acquire a target company or business seeking the perceived advantages of being a publicly held corporation. Our principal business objective for the next 12 months and beyond such time will be to achieve long-term growth potential through a combination with a business rather than immediate, short-term earnings. We will not restrict our potential candidate target companies to any specific business, industry or geographical location and, thus, may acquire any type of business.

We do not currently engage in any business activities that provide cash flow. The costs of investigating and analyzing business combinations for the next 12 months and beyond such time will be paid with money in our treasury or with additional amounts, as necessary, to be loaned to or invested in us by our stockholders, management or other investors.

During the next 12 months we anticipate incurring costs related to:

(i)

filing of Exchange Act reports, and

(ii)

consummating an acquisition.

We believe we will be able to meet these costs through use of funds in our treasury and additional amounts, as necessary, to be loaned by or invested in us by our stockholders, management or other investors.

We are in the development stage and have negative working capital, negative stockholders’ equity and have not earned any revenues from operations to date. These conditions raise substantial doubt about our ability to continue as a going concern. We are currently devoting our efforts to locating merger candidates. Our ability to continue as a going concern is dependent upon our ability to develop additional sources of capital, locate and complete a merger with another company, and ultimately, achieve profitable operations.

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

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

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

We anticipate that the selection of a business combination will be complex and extremely risky. Because of general economic conditions, rapid technological advances being made in some industries and shortages of available capital, our management believes that there are numerous firms seeking even the limited additional capital which we will have and/or the perceived benefits of becoming a publicly traded corporation. Such perceived benefits of becoming a publicly traded corporation include, among other things, facilitating or improving the terms on which additional equity financing may be obtained, providing liquidity for the principals of and investors in a business, creating a means for providing incentive stock options or similar benefits to key employees, and offering greater flexibility in structuring acquisitions, joint ventures and the like through the issuance of stock. Potentially available business combinations may occur in many different industries and at various stages of development, all of which will make the task of comparative investigation and analysis of such business opportunities extremely difficult and complex.

Results of Operation

We have not had any operating income since inception. For the three and ~~six~~nine months ended ~~December~~March 31, ~~2010~~2011 we incurred a net loss of $~~913~~5,703 and $511,~~775~~478 and since inception we have incurred a net loss of $813,~~025~~728. Expenses from inception were comprised of costs mainly associated with legal, accounting and office expense.

Liquidity and Capital Resources

At ~~December~~March 31, ~~2010~~2011, we had no capital resources and we will need additional capital to continue operations for the next twelve months. We intend to rely upon the issuance of common stock and loans from shareholders to fund administrative expenses pending acquisition of an operating company. However, our shareholders are under no obligation to provide such funding.

Management anticipates seeking out a target company through solicitation. Such solicitation may include newspaper or magazine advertisements, mailings and other distributions to law firms, accounting firms, investment bankers, financial advisors and similar persons, the use of one or more World Wide Web sites and similar methods. No estimate can be made as to the number of persons who will be contacted or solicited. Management may engage in such solicitation directly or may employ one or more other entities to conduct or assist in such solicitation. Management and its affiliates will pay referral fees to consultants and others who refer target businesses for mergers into public companies in which management and its affiliates have an interest. Payments are made if a business combination occurs, and may consist of cash or a portion of the stock in the Company retained by management and its affiliates, or both.

As reflected in the accompanying unaudited condensed financial statements, the Company has a net loss of $813,~~025~~728 from inception and a working capital and stockholders’ deficiency of $73,~~025~~731 at ~~December~~March 31, ~~2010,~~2011 and used $211,~~112~~972 of cash in operations from inception. This raises substantial doubt about its ability to continue as a going concern. The ability of the Company to continue as a going concern is dependent on the Company's ability to raise additional capital and implement its business plan. The financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern.

Management believes that actions presently being taken to obtain additional funding and implement its strategic plans provide the opportunity for the Company to continue as a going concern

~~Peter~~During ~~Reichard will supervise~~ the ~~search~~nine ~~for~~months ~~target~~ended ~~companies~~March as31, ~~potential~~2011, ~~candidates~~Europa ~~for~~Capital (a ~~business~~related ~~combination.~~party) ~~Peter~~paid ~~Reichard will pay~~$2,112 atin ~~his~~legal ~~own~~expenses ~~expense,~~and ~~any~~filing ~~costs~~fees heon ~~incurs~~behalf inof ~~supervising~~ the ~~search for a target company~~Company. ~~Peter~~These ~~Reichard~~amounts ~~may~~are ~~enter~~recorded ~~into~~as ~~agreements with other consultants to assist in locating~~ a ~~target~~related ~~company~~party ~~and~~loan ~~may~~payable. ~~share~~The ~~stock~~amounts ~~received~~are byunsecured, itnon orinterest ~~cash~~bearing ~~resulting~~and ~~from~~due ~~the~~on ~~sale~~demand. As of ~~its~~March ~~securities~~31, ~~with~~2011, ~~such other consultants. Peter Reichard controls us and therefore has~~ the ~~authority~~principal tostockholder ~~enter~~forgave ~~into~~loans ~~any~~of ~~agreement binding us. Peter Reichard as an officer~~$2,112 ~~director~~ and ~~shareholder~~this ~~can~~was ~~authorize~~recorded ~~any~~by ~~such~~the ~~agreement~~Company ~~binding~~as uscontributed capital.

During the ~~six~~nine ~~month~~months ~~period~~ended ~~ending~~March ~~December~~ 31, ~~2010~~2011, ~~Europa~~the ~~Capital~~principal (astockholder ~~related party)~~ paid $~~2112~~6,885 inof ~~legal~~accounts ~~expenses~~payable ~~and~~on ~~filing~~the ~~fees~~Company’s on behalf, which was recorded as an in kind contribution of capital. During the nine months ended March 31, 2011, the principal stockholder loaned the Company $2,975 to pay expenses. This is ~~will be~~ recorded as a related party loan payable on the financial statements.

Subsequent Event

Critical Accounting Policies

We have identified the policies outlined below as critical to our business operations and an understanding of our results of operations. The list is not intended to be a comprehensive list of all of our accounting policies. In many cases, the accounting treatment of a particular transaction is specifically dictated by accounting principles generally accepted in the United States, with no need for management's judgment in their application.

910

Off Balance Sheet Transactions

None.

Item 3. Quantitative and Qualitative Disclosures About Market Risk

The Company is subject to certain market risks, including changes in interest rates and currency exchange rates. The Company does not undertake any specific actions to limit those exposures.

Item 4T4. Controls and Procedures

10Pursuant to Rule 13a-15(b) under the Securities Exchange Act of 1934 ("Exchange Act"), the Company carried out an evaluation, with the participation of the Company's management, including the Company's Chief Executive Officer ("CEO") and Chief Financial Officer ("CFO"),of the effectiveness of the Company's disclosure controls and procedures (as defined under Rule 13a-15(e) under the Exchange Act) as of the end of the period covered by this report. Based upon that evaluation, the Company's CEO and CFO concluded that the Company's disclosure controls and procedures were not effective to ensure that information required to be disclosed by the Company in the reports that the Company files or submits under the Exchange Act, is recorded, processed, summarized and reported, within the time periods specified in the SEC's rules and forms, and that such information is accumulated and communicated to the Company's management, including the Company's CEO and CFO, as appropriate, to allow timely decisions regarding required disclosure as a result of continuing material weaknesses in its internal control over financial reporting.

~~a) Evaluation~~During ofthe ~~Disclosure~~assessment ~~Controls. Pursuant~~of tothe ~~Rule~~effectiveness ~~13a-15(b)~~of ~~under~~internal ~~the~~control ~~Securities~~over ~~Exchange~~financial ~~Act~~reporting as of ~~1934~~March ~~(“Exchange~~31, ~~Act”)~~2011, ~~the~~our ~~Company~~management ~~carried~~identified ~~out~~material anweaknesses ~~evaluation,~~related ~~with~~to the ~~participation~~lack of ~~the~~requisite ~~Company’s~~U.S. ~~management,~~generally ~~including~~accepted ~~the~~accounting ~~Company’s~~principles ~~Chief Executive Officer~~ (~~“CEO”~~GAAP) ~~and~~expertise of our Chief Financial Officer ~~(“CFO”)~~and ~~(the~~our ~~Company’s~~internal ~~principal~~bookkeeper. This lack of expertise to prepare our financial ~~and~~statements ~~accounting~~in ~~officer),~~accordance ofwith U.S. GAAP without the ~~effectiveness~~assistance of the ~~Company’s~~outside ~~disclosure~~accounting ~~controls~~consultant ~~and~~hired ~~procedures~~to ~~(as~~ensure ~~defined~~that ~~under~~our ~~Rule~~financial ~~13a-15(e)~~statements ~~under~~are ~~the~~prepared ~~Exchange~~in ~~Act)~~accordance aswith ofU.S. ~~the~~GAAP ~~end~~constitutes ~~of the~~a ~~period~~material ~~covered~~weakness byin ~~this~~our ~~report~~internal control over financial reporting. ~~Based~~In ~~upon~~order ~~that~~to ~~evaluation,~~mitigate the ~~Company’s~~material ~~CEO~~weakness, ~~and~~we ~~CFO~~engaged ~~concluded~~an ~~that~~outside ~~the~~accounting ~~Company’s~~consultant ~~disclosure~~to ~~controls~~assist ~~and~~us ~~procedures~~in ~~are~~the ~~effective~~preparation of our financial statements to ensure that ~~information~~these ~~required~~financial statements are prepared in conformity to beU.S. ~~disclosed~~GAAP. byThis outside accounting consultant is a certified public accountant in the ~~Company~~U.S. and has significant experience in the ~~reports~~preparation of financial statements in conformity with U.S. GAAP. We believe that the ~~Company~~engagement ~~files~~of orthis ~~submits~~consultant ~~under~~will lessen the ~~Exchange~~possibility ~~Act,~~that isa ~~recorded,~~material ~~processed,~~misstatement ~~summarized~~of ~~and~~our ~~reported~~annual or interim financial statements will not be prevented or detected on a timely basis, ~~within~~and ~~the~~we ~~time~~will ~~periods~~continue ~~specified~~to inmonitor the ~~SEC’s~~effectiveness ~~rules~~of ~~and~~this ~~forms,~~action and make any changes that ~~such~~our ~~information~~management isdeems ~~accumulated~~appropriate. ~~and~~We ~~communicated~~expect to ~~the~~continue ~~Company’s~~to ~~management,~~rely ~~including~~on this outside consulting arrangement to supplement our internal accounting staff for the ~~Company’s~~foreseeable ~~CEO~~future. ~~and~~Until ~~CFO,~~such time as ~~appropriate~~we hire the proper internal accounting staff with the requisite U.S. GAAP experience, however, it is unlikely we will be able to ~~allow~~remediate ~~timely~~the ~~decisions~~material ~~regarding~~weakness ~~required~~in ~~disclosure~~our internal control over financial reporting.

~~(b)~~ Changes in ~~internal~~Internal ~~control~~Control over ~~financial~~Financial reporting. There have been no changes in our internal control over financial reporting that occurred during the last fiscal quarter that has materially affected, or is reasonably likely to materially affect, our internal control over financial reporting.Reporting

There were no changes that occurred to our internal control over financial reporting during our most recently completed fiscal quarter that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.

PART II - OTHER INFORMATION

Item 1. Legal Proceedings.

WeCurrently we are ~~currently~~ not ~~involved~~aware inof any litigation ~~that~~pending ~~we believe could have a material adverse effect on our financial condition~~ or ~~results~~threatened ~~of operations. There is no action, suit, proceeding, inquiry or investigation before or~~ by ~~any court, public board, government agency, self-regulatory organization~~ or ~~body~~against ~~pending or, to~~ the knowledge of the executive officers of our company or any of our subsidiaries, threatened against or affecting our company, our common stock, any of our subsidiaries or of our companies or our subsidiaries’ officers or directors in their capacities as such, in which an adverse decision could have a material adverse effectCompany.

Item 1A. Risk Factors

~~None~~Not applicable.

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

None.

Item 3. Defaults Upon Senior Securities.

None

Item 4. (Removed &and Reserved).

None.

Item 5. Other Information.

None

Item 6. Exhibits

~~(a) Exhibits~~31.1 Certification of Chief Executive Officer and Principal Financial Officer pursuant to Section 302 of Sarbanes Oxley Act of 2002

3132.1 ~~Certifications~~Certification of Chief Executive Officer and Principal Financial Officer pursuant to Section ~~302~~906 of Sarbanes Oxley Act of 2002

32.1 Certifications pursuant to Section 906 of Sarbanes Oxley Act of 2002

SIGNATURES

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

	Europa Acquisition III, Inc.
Signature		Title	Date
Date: January 13, 2011	By:	/s/ Peter Reichard
/s/ Hua Zhang		President and Chief Executive Officer	May 23, 2011
		Peter Reichard
Hua Zhang
		President and Director

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