UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

_____________________

FORM 10-Q

_____________________

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

For the quarterly period ended ~~March~~September 3130, 2010

o	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: 000-52496

CHINA JIANYE FUEL, INC.

(Exact name of registrant as specified in its charter)

Delaware	20-8296010
(State or other jurisdiction of incorporation or organization)	(I.R.S. Employer Identification Number)
F 14 No. 54 Heping Road, Dongli District, Harbin, P.R. China
100 Wall Street, 15th Floor, New York, NY, 10005
(Address of principal executive office and zip code)
+86 15604660116
212-232-0120
(Registrant’s telephone number, including area code)

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

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (229.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes o No o

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

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

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

As of ~~May~~November 1415, 2010, 29,976,923 shares of the Registrant’s common stock, $0.001 par value, were outstanding.

CHINA JIANYE FUEL, INC.

FORM 10-Q

For the quarter ended ~~March~~September 3130, 2010

TABLE OF CONTENTS

PART I— FINANCIAL INFORMATION
Item 1.	Financial Statements	1
Item 2.	Management’s Discussion and Analysis of Financial Condition and Results of Operations	87
Item 3.	Quantitative and Qualitative Disclosures About Market Risk	1411
Item 4T.	Controls and Procedures	1411
PART II— OTHER INFORMATION
Item 1.	Legal Proceedings	1412
Item 1A.	Risk Factors	1412
Item 2.	Unregistered Sales of Equity Securities and Use of Proceeds	1412
Item 3.	Defaults Upon Senior Securities	1512
Item 4.	~~Submission~~(Removed ofand ~~Matters to a Vote of Security Holders~~Reserved)	1513
Item 5.	Other Information	1513
Item 6.	Exhibits	1613
SIGNATURES		1713

~~PART~~ITEM 1. -Financial ~~FINANCIAL INFORMATION~~Information

Item 1. Financial Statements

FINANCIAL STATEMENTS	Page #

Condensed Consolidated Balance Sheets as of September 30, 2010 (Unaudited) and June 30, 2010	2

Condensed Consolidated Statements of Operations for the three months ended September 30, 2010 and 2009 (Unaudited)	3

Condensed Consolidated Statements of Operations for the three months ended September 30, 2010 and 2009 (Unaudited)	3

Condensed Consolidated Statement of Cash Flows for the three months ended September 30, 2010 and 2009 (Unaudited)	4

Notes to the Financial Statements (Unaudited)	5-6

CHINA JIANYE FUEL, INC.
CONDENSED CONSOLIDATED BALANCE SHEETS
	March 31,		June 30,
	2010		2009
Assets	(Unaudited)
Current Assets
Cash and cash equivalents	$	33,783	$	55,202
Accounts receivable, net of allowance for doubtful
accounts of $54,120 and $31,227 at March 31,
2010 and June 30, 2009, respectively		5,357,924		6,214,181
Inventory, net		1,641,704		1,023,372
Advance to supplies		1,028,864		1,011,926
Prepaid and other current assets		320,684		287,373
Due from related parties		87,539		-
Total current assets		8,470,498		8,592,054
Property and Equipment, net		2,427,330		2,548,503
Intangible assets, net		60,147		47,783
Total Assets	$	10,957,975	$	11,188,340

The Accompanying Notes Are an Integral Part of the Financial Statements.

CHINA JIANYE FUEL, INC.
CONDENSED CONSOLIDATED BALANCE SHEETS
	March 31		June 30,
	2010		2009
Liabilities and Shareholders' Equity	(Unaudited)
Current Liabilities
Accounts payable and accrued expenses	$	1,024,297	$	1,659,783
VAT tax payable		448,107		443,356
Income tax payable		544,238		528,957
Due to related parties		1,217,153		1,068,112
Customer deposits		196,366		-
Other current liabilities		21,089		36,602
Total current liabilities		3,451,250		3,736,810
Shareholders' Equity
Common stock, $0.001 par value, 200,000,000 shares
authorized, 29,976,923 shares issued and outstanding
as of June 30, 2009 and March 31, 2010		29,977		29,977
Additional paid-in capital		5,695,058		5,695,058
Other comprehensive income		785,341		773,805
Retained earnings		996,349		952,690
Total shareholders' equity		7,506,725		7,451,530
Total Liabilities and Shareholders' Equity	$	10,957,975	$	11,188,340

CHINA JIANYE FUEL, INC.
CONDENSED CONSOLIDATED BALANCE SHEETS

	September 30, 2010			June 30, 2010
Assets

Current assets:
Cash and cash equivalents	$	5,644		$	6,312
Accounts receivable, net of allowance for doubtful accounts of		44,553			43,881
nil and $4,485,305 at September 30, 2010 and June 30, 2010, respectively
Inventory, net		1,679,740			1,599,140
Advances to suppliers		58,817			57,854
Due from related parties		35,437			57,307
Prepaid expenses and other current assets		306,278			299,434
Total current assets		2,130,469			2,063,928

Property and equipment, net		2,294,238			2,315,009

Intangibles, net		45,763			45,596

Total assets	$	4,470,470		$	4,424,533


Liabilities and stockholders’ equity

Current liabilities:
Accounts payable and accrued expenses	$	145,053		$	144,535
VAT tax payable		462,352			458,314
Income tax payable		539,053			530,304
Due to related parties		1,242,469			1,188,006
Other current liabilities		35,948			35,560
Total current liabilities		2,424,875			2,356,719

Total liabilities		2,424,875			2,356,719

Stockholders’ equity:
Common Stock, $0.001 par value, 200,000,000 shares		29,977			29,977
Authorized, 29,976,923 shares issued and outstanding at
June 30, 2010 and 2010
Additional paid-in capital		5,695,058			5,695,058
Retained Earnings		(4,519,967	)		(4,464,118	)
Accumulated other comprehensive income		840,527			806,897
Total stockholders’ equity		2,045,595			2,067,814

Total liabilities and stockholders' equity	$	4,470,470		$	4,424,533

The Accompanying Notes Are an Integral Part of the Financial Statements.

CHINA JIANYE FUEL, INC.
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(Unaudited)
	For the Three Months Ended						For the Nine Months Ended
	March 31,						March 31,
	2010			2009			2010		2009
Sales	$	-		$	-		$	3,577,545	$	324,430
Cost of Sales		-			-			3,260,149		294,770
Gross profit		-			-			317,396		29,660
Operating costs and expenses:
Selling, general and administrative expenses		120,864			80,758			259,265		418,813
Income (loss) from operations		(120,864	)		(80,758	)		58,131		(389,153	)
Other income (expenses)
Other income (expenses)		(61	)		(165	)		81		(495	)
Income (loss) before provision for income taxes		(120,925	)		(80,923	)		58,212		(389,648	)
Provision for income taxes		(30,231	)		-			14,553		-
Net income (loss)		(90,694	)		(80,923	)		43,659		(389,648	)
Other comprehensive income (loss)
Foreign currency translation adjustment		(36	)		(11,606	)		11,536		35,986
Comprehensive income (loss)	$	(90,730	)	$	(92,529	)	$	55,195	$	(353,662	)
Weighted average number of common shares:
Basic and diluted		29,976,923			29,976,923			29,976,923		29,976,923
Not income (loss) per share:
Basic and diluted	$	(0.00	)	$	(0.00	)	$	0.00	$	(0.01	)

CHINA JIANYE FUEL, INC.
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS)
(Unaudited)

	For the Three Months Ended
	September 30, 2010			September 30, 2009

Sales	$	698		$	2,541,000

Cost of sales		(35,263	)		2,386,690

Gross profit		(34,565	)		154,310

Operating expenses
Selling, general and administrative		21,284			23,592

(Loss) income from operations		(55,849	)		130,718

Other expenses		-			(286	)

(Loss) income before provision for income tax		(55,849	)		130,432

Provision for income tax		-			32,608

Net (loss) income		(55,849	)		97,824

Other comprehensive income
Foreign currency translation adjustment		33,630			11,578

Comprehensive income	$	(22,219	)	$	109,402

Basic earnings (loss) per share	$	(0.00	)	$	0.00
Diluted earnings (loss) per share	$	(0.00	)	$	0.00

Weighted average number of common shares outstanding:
Basic		29,976,923			29,976,923
Diluted		29,976,923			29,976,923

The Accompanying Notes Are an Integral Part of the Financial Statements.

CHINA JIANYE FUEL, INC.
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
(Unaudited)
	For the Nine Months Ended
	March 31,			March 31,
	2010			2009
Cash flows from operating activities
Net income (loss)	$	43,659		$	(389,648	)
Adjustments to reconcile net income to net cash used in
operating activities:
Amortization and depreciation		113,636			187,199
Changes in assets and liabilities:
Decrease in accounts receivable		864,387			464,229
Increase in inventory		(616,683	)		(100,363	)
Decrease (increase) in advance to supplies		(4,156	)		29,004
Decrease (increase) in prepaid and other assets		(44,299	)		54,344
(Decrease) in accounts payable and accrued expenses		(649,066	)		(436,347	)
Increase in VAT tax payable		4,144			5,358
Increase in income tax payable		14,553			-
Increase in other current liabilities		185,202			121,727
Net cash used in operating activities		(88,623	)		(64,497	)
Cash flows from investing activities
Acquisition of property and equipment		-			(36,152	)
Net cash used in investing activities		-			(36,152	)
Cash flows from financing activities
Due to related parties		67,139			-
Net cash provided by financing activities		67,139			-
Effect of exchange rate changes on cash and cash equivalents		65			732
Net decrease in cash and cash equivalents		(21,419	)		(99,917	)
Cash and cash equivalents
Beginning		55,202			129,635
Ending	$	33,783		$	29,718
Supplemental disclosure of cash flows
Cash paid during the period for:
Interest expense	$	-		$	-
Income tax	$	-		$	-

CHINA JIANYE FUEL, INC.
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
(Unaudited)

	For the Three Months Ended
	September 30, 2010			September 30, 2009
Cash flows from operating activities:
Net (Loss) Income	$	(55,849	)	$	97,824
Adjustments to reconcile net (loss) income to net cash
used in operating activities:
Depreciation and amortization		61,815			62,089
Changes in current assets and current liabilities:
Accounts receivable		(675	)		827,759
Inventory, net		(80,936	)		(508,990	)
Advances to suppliers		(967	)		(929,668	)
Prepaid expense and other current assets		(6,873	)		41,425
Accounts payable and accrued expenses		520			(693,768	)
Increase in customer deposits		-			1,083,247
VAT tax payable		4,055			(16,333	)
Income tax payable		8,785			32,608
Other current liabilities		390			68,848
Total adjustments		(75,701	)		(94,872	)

Net cash (used in) provided by operating activities		(69,735	)		65,041

Cash flows from investing activities:
Acquisition of property and equipment		(41,124	)		-

Net cash used in investing activities		(41,124	)		-

Cash flows from financing activities:
Due to related parties		76,651			(68,414	)

Net cash provided by financing activities		76,651			(68,414	)

Effect of foreign currency translation on cash		33,540			74

Net decrease in cash and cash equivalents		(668	)		(3,299	)

Cash and cash equivalents at beginning of year		6,312			55,202

Cash and cash equivalents at end of year	$	5,644		$	51,903


Supplemental disclosure of cash flows
Interest paid	$	-		$	286

The Accompanying Notes Are an Integral Part of the Financial Statements.

CHINA JIANYE FUEL, INC.

NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

~~March~~September 3130, 2010

~~NOTE~~Note 1 ~~- ORGANIZATION~~– ~~AND~~Organization and SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Basis of Presentation— The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States (“GAAP”) for interim financial reporting and in accordance with instructions for Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements. In the opinion of management, the unaudited condensed consolidated financial statements contained in this report reflect all adjustments that are normal and recurring in nature and considered necessary for a fair presentation of the financial position and the results of operations for the interim periods presented. The year-end condensed balance sheet data was derived from audited financial statements, but does not include all disclosures required by GAAP. The results of operations for the interim period are not necessarily indicative of the results expected for the full year. These unaudited, condensed consolidated financial statements, footnote disclosures and other information should be read in conjunction with the financial statements and the notes thereto included in the Company’s Annual Report on Form 10-K for the year ended June 30, ~~2009~~2010.

Organization — China Jianye Fuel Inc. was incorporated as Standard Commerce, Inc. (“Standard Commerce”) in December 1994 in Nevada. On November 13, 2007, Standard Commerce acquired the outstanding capital stock of American Jianye Ethanol Company, Inc., a Delaware corporation (“American Jianye”) and changed its name to China Jianye Fuel Inc. For accounting purposes, the acquisition was treated as a recapitalization of American Jianye. American Jianye is a holding company that owns 100% of Zhao Dong Jianye Fuel Co., Ltd. (“Zhao Dong”), a corporation organized under the laws of the People’s Republic of China. The accompanying consolidated financial statements include the financial statements of China Jianye Fuel Inc. and its subsidiaries (the “Company”). The Company’s primary business is to manufacture and distribute ethanol and methanol as alternative fuel for automobile use.

Basis of Consolidation — The consolidated financial statements include the accounts of China Jianye Fuel, Inc. and its wholly owned subsidiaries. All significant intercompany accounts and transactions are eliminated.

Financial Statement Presentation — Certain changes to the 2008 financial statements have been made to conform to the 2009 financial statement format.

Use of Estimates — The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.

Cash and Cash Equivalents— Cash and cash equivalents include cash and all highly liquid instruments with original maturities of three months or less.

Inventory — Inventory is stated at the lower of cost or market. Cost is determined by using the weighted-average method. The Company periodically reviews the age and turnover of its inventory to determine whether any inventory has become obsolete or has declined in value, and charges to operations for known and anticipated inventory obsolescence. The Company did not record any provision for slow-moving and obsolete inventory as of ~~March~~September 3130, 2010 and June 30, ~~2009~~2010.

Intangible Assets — Intangible assets consist of “Rights to use land” for 32 years in China and therefore amortized over 32 years based on straight-line method.

Recently Issued Accounting Pronouncements — In June 2009, the Financial Accounting Standards Board issued guidance, which contains amendments to Accounting Standards Codification (“ASC”) 810, "Consolidation," relating to how a company determines when an entity that is insufficiently capitalized or is not controlled through voting (or similar rights) should be consolidated. The determination of whether a company is required to consolidate an entity is based on, among other things, an entity's purpose and design and a company's ability to direct the activities of the entity that most significantly impact the entity's economic performance. These provisions became effective for us on January 1, 2010, but did not have a material impact on the Company’s financial position or results of operations.5

Recently Issued Accounting Guidance —In ~~October 2009~~April 2010, the FASB issued an Accounting ~~Standards~~Standard Update (“ASU”) No. ~~2009~~2010-13,”Compensation-Stock ~~“Multiple~~Compensation” (Topic 718): Effect of Denominating the Exercise Price of a Share-~~Deliverable~~Based ~~Revenue~~Payment ~~Arrangements~~Award in the Currency of the Market in Which the Underlying Equity Security Trades,” orwhich ~~ASU~~address ~~2009~~the classification of a share-~~13,~~based payment award with an exercise price denominated in the currency of a market in which ~~amends~~the ~~existing~~underlying ~~revenue~~equity ~~recognition~~security ~~accounting~~trades. ~~pronouncements~~Topic 718 is amended to clarify that ~~are~~a ~~currently~~share-based ~~within~~payment award with an exercise price denominated in the ~~scope~~currency of ~~ASC~~a ~~605.~~market ~~This~~in ~~guidance~~which ~~eliminates~~a substantial portion of the ~~requirement~~entity’s equity securities trades shall not be considered to ~~establish~~contain ~~the~~a ~~fair~~market, ~~value~~performance, ofor ~~undelivered~~service ~~products~~condition. ~~and~~Therefore, ~~services~~such ~~and~~an ~~instead~~award ~~provides~~is ~~for~~not ~~separate~~to ~~revenue~~be ~~recognition~~classified ~~based~~as ~~upon~~a ~~management’s~~liability ~~estimate~~if ofit ~~the~~otherwise ~~selling~~qualifies ~~price~~as ~~for~~equity anclassification. ~~undelivered~~The ~~item~~amendments ~~when~~in ~~there~~this isupdate noshould ~~other~~be ~~means~~applied toby ~~determine~~recording a cumulative-effect adjustment to the ~~fair~~opening ~~value~~balance of ~~that~~retained ~~undelivered item~~earnings. ~~ASU~~The ~~2009~~cumulative-13effect isadjustment ~~effective~~should be calculated for all awards outstanding as of the ~~Company~~beginning ~~prospectively~~of ~~for~~the ~~revenue~~fiscal ~~arrangements~~year ~~entered~~in ~~into~~which orthe ~~materially~~amendments ~~modified~~are ~~beginning~~initially ~~January 1~~applied, ~~2011~~as if the amendments had been applied consistently since the inception of the award. ~~The~~ASU ~~Company~~2010-13 is ~~currently~~effective ~~evaluating~~for ~~the~~interim ~~impact,~~and ifannual ~~any,~~periods ~~that~~beginning ~~the~~on ~~adoption~~or ofafter ~~this~~December ~~amendment~~15, ~~will~~2010 and is not expected to have a material impact on ~~its~~the Company’s consolidated financial ~~statements~~position or results of the operations.

In ~~January~~April 2010, the FASB issued ~~ASU~~an ~~No. 2010-06, Improving Disclosures about Fair Value Measurements , which, among other things, amends~~ Accounting ~~Standards~~Standard ~~Topic~~Update ~~820 Fair Value Measurements and Disclosures~~ (~~ASC 820~~“ASU”) to ~~require~~No. ~~entities to separately present purchases~~2010-17, ~~sales,~~“Revenue ~~issuances,~~Recognition ~~and~~– ~~settlements~~Milestone inMethod ~~their reconciliation of Level 3 fair value measurements~~ (~~i.e.~~Topic 605), to ~~present~~which ~~such~~provides ~~items~~guidance on adefining ~~gross~~milestones ~~basis~~under ~~rather~~Topic ~~than~~605 ~~on a net basis),~~ and ~~which~~determining ~~clarifies~~when ~~existing~~it ~~disclosure~~may ~~requirements~~be ~~provided~~appropriate byto ~~ASC~~apply ~~820 regarding~~ the ~~level~~milestone method of ~~disaggregation~~revenue ~~and~~recognition ~~the~~for ~~inputs~~research and ~~valuation~~development ~~techniques~~deliverables ~~used~~in toan ~~measure~~arrangement ~~fair~~in ~~value~~which ~~for~~one ~~measurements~~or ~~that~~more ~~fall~~payments ~~within~~are ~~either~~contingent ~~Level 2~~upon orachieving ~~Level 3~~uncertain offuture ~~the~~events ~~fair~~or ~~value hierarchy~~circumstances. ASU ~~No.~~ 2010-0617 is effective for ~~interim and annual periods beginning after December 15, 2009, except for~~ the ~~disclosures about purchases, sales, issuances, and settlements in the roll forward of activity in Level 3 fair value measurements which are effective for~~ fiscal years beginning on or after ~~December~~ June 15, 2010 and ~~for~~is ~~interim~~not ~~periods~~expected ~~within~~to ~~those~~have ~~fiscal~~a ~~years.~~material ~~The Company’s adoption of this standard had no~~ impact on ~~its~~the Company’s consolidated financial position, or results of ~~operations or cash flows~~operation.

~~NOTE~~The 2Company -has ~~INVENTORY~~considered all new accounting pronouncements and has concluded that there are no new pronouncements that may have a material impact on results of operations, financial condition, or cash flows, based on current information.

~~Inventory~~Note at2 ~~March~~– ~~31, 2010 and June 30, 2009 consisted of the following:~~Inventory

	March 31, 2010		June 30, 2009
Raw materials	$	466,324	$	723,231
Supplies		38,478		28,975
Finished goods		1,136,902		271,166
Total	$	1,641,704	$	1,023,372

Inventory at September 30, 2010 and June 30, 2009 consists of the following:


	September 30, 2010		June 30, 2010

Raw materials	$	537,257	$	475,880
Packaging supplies		28,587		29,211
Finished goods		1,113,896		1,094,049

Total	$	1,679,740	$	1,599,140

Note 3 – Due From/To Related Parties

The Company and its affiliated entities regularly borrow money from each other, which is unsecured and non-interest bearing. The balance due to these entities at September 30, 2010 and June 30, 2009 was $1,242,469 and $1,188,006, respectively. The balance due from these entities at September 30, 2010 and June 30, 2009 was $35,437 and $57,307, respectively.

Note 4 - Subsequent Events

None.

NOTE 3 - RELATED-PARTY TRANSACTIONS

The advances to or from the Company’s affiliated entities are unsecured, non-interest bearing and without fixed terms of repayment.

******

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

This Quarterly Report on Form 10-Q contains “forward-looking” statements, as such term is defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements consist of information relating to the Company that is based on the beliefs of the Company’s management as well as assumptions made by and information currently available to the Company’s management. When used in this report, the words “anticipate,” “believe,” “estimate,” “expect” and “intend” and words or phrases of similar import, as they relate to the Company or Company management, are intended to identify forward-looking statements. Such statements reflect the current risks, uncertainties and assumptions related to certain factors including, without limitation, competitive factors, general economic conditions, customer relations, relationships with vendors, the interest rate environment, governmental regulation and supervision, seasonality, distribution networks, product introductions and acceptance, technological change, changes in industry practices, onetime events and other factors described herein and in other filings made by the Company with the Securities and Exchange Commission. Based upon changing conditions, should any one or more of these risks or uncertainties materialize, or should any underlying assumptions prove incorrect, actual results may vary materially from those described herein as anticipated, believed, estimated, expected or intended. The Company does not intend to update these forward-looking statements.

BUSINESS OVERVIEW

China Jianye Fuel, Inc. (“China Jianye”) was originally incorporated as Standard Commerce, Inc. (“Standard Commerce”) in December 1994 in Nevada. On November 13, 2007, Standard Commerce acquired the outstanding capital stock of American Jianye ~~Ehtanol~~Ethanol Company, Inc. (“American Jianye”), a ~~Delware~~Delaware Corporation, and changed its name to China Jianye Fuel, Inc. (“China Jianye”). China Jianye, through its wholly-owned subsidiary, American Jianye, owns 100% of the registered capital of Zhao Dong Jianye Fuel Co., Ltd. (“Zhao Dong Jianye Fuel”), a corporation organized in 2004 under the laws of The People’s Republic of China. Zhao Dong Jianye Fuel is engaged in the business of developing, manufacturing and distributing alcohol-based automobile fuel products in the People’s Republic of China.

American Jianye was organized under the laws of the State of Delaware in March 2007. It never initiated any business activity. In November 2007, American Jianye acquired 100% of the net assets of Zhao Dong Jianye Fuel in exchange for debt and equity in American Jianye. Those shares represent the only asset of American Jianye.

Zhao Dong Jianye Fuel Co., Ltd. was founded in April 2004 under the laws of the People’s Republic of China with registered capital of RMB 9 million Yuan (US$1.3 million). The offices and manufacturing facility operated by Zhao Dong Jianye Fuel are located at 47 Huagong Road, Zhaodong City, Heilongjiang Province, in northeastern China. Zhao Dong Jianye Fuel engages in the development, manufacture, and distribution of alcohol based automobile fuel. The Company’s products are designed to function as a lower-cost, more environmentally friendly alternative to conventional gasoline-based auto fuel.

Zhao Dong Jianye Fuel was among the first China-based fuel manufacturers to bring to market alcohol-based automobile fuel. Alcohol-based fuel is an attractive alternative to gasoline for several reasons, including its environmental benefits. Alcohol-based fuel burns with higher efficiency and significantly lower toxic waste emissions than any lead-free gasoline that meets China’s national GB17930-1999 fuel quality standards. With its average total toxic waste emission level being only 1% of the maximum toxic emission level mandated by Chinese industry regulators, the quality of alcohol-based fuel is on par with or exceeds the international fuel quality standards for Type IV lead-free gasoline. In addition, due to the lower costs of the raw materials used in the manufacturing process, the average integrated cost of such fuels is only about 4,000-4,150 Renminbi (“RMB”) ($590-610) per ton, lower than the prevailing wholesale price of #93 lead-free gasoline in China by as much as 1,000 RMB ($147) per ton.

Zhao Dong Jianye Fuel has, since its formation, been engaged in developing its products and its refinery. The Company now has a facility capable of producing 300,000 tons of fuel annually, and has developed the core staff needed for full production operations. In the Spring of 2008, the Company began to ship commercial quantities of fuel to customers, although it continues to operate at only a small fraction of its capacity due to a need for working capital to fund the launch of full-scale operations.

The Company is currently capable of producing alcohol-based fuels comparable to lead-free gasoline with octane ratings ranging from #90 to #98. The Company’s products include both ethanol-based fuels (E10, E30, E50, E60, E70, E80 and E85), and methanol-based fuels (M10, M30, M50, M60, M70, M80 and M85), although the primary focus of its business plan is on methanol-based fuels due to their environmental and economic advantages. Recently, the Company has also been engaged in research and development of methanol/ethanol blended fuels, including ME80 and ME85.

Zhao Dong Jianye Fuel commenced operations in 2004. Until the Spring of 2008, however, its activities were essentially developmental. Its research and development efforts have led to the development of a series of fuel products and the award of several patents. With funds provided by its Chairman, Jianye Wang, it has developed a state-of-the-art refinery for the production of methanol-based and ethanol-based fuels. In addition, it has organized a staff of engineers, managers and sales professionals that will be able to support its full-scale entry into the fuel market.

Until the year ended June 30, 2008, the Company’s revenue-producing activities had been incidental to the company’s research and development activities. Prior to September 30, 2007, Zhao Dong Jianye Fuel sold modest amounts of fuel to a variety of customers, primarily to (a) develop the channels through which it will market when it commences full scale production and (b) introduce new products to those markets for testing and publicity. In the fiscal year ended June 30, 2006 this incidental marketing effort generated $541,103 in revenue. In the year ended on June 30, 2007, however, Zhao Dong Jianye Fuel suspended most of its revenue-producing activities in order to focus on internal organization activities. As a result, only $61,555 in revenue was generated during the 2007 fiscal year.

During the quarter ended December 31, 2007, Zhao Dong Jianye Fuel recorded its first significant revenue - $3,449,434. This occurred because Zhao Dong Jianye Fuel completed a sale and delivery of fuel additives to Zhanjiang Runtong Trading Corp. In the quarter ended March 31, 2008, we realized additional significant revenue from the sale of fuel, as we sold 4,200 tons of methanol-based fuel to CIPC Heilongjiang HuBei, a fuel distributor, for $3,249,795. These two sales represented approximately 97% of our revenues for the year ended June 30, 2008. Zhanjiang Runtong Trading Corp. and CIPC Heilongjiang HuBei are unrelated third parties, and the transactions were the result of arms length negotiation. After year ended June 30, 2008, however, our sales to Zhanjiang Runtong Trading Corp. and CIPC Heilongjiang HuBei consisted only incidental sales of sales batches.

We expect to develop more consistent revenue streams in the current fiscal year. In July 2008, Zhao Dong Jianye Fuel entered into a contract with Zhuhai Zhonghuan Oil Ltd., which contemplates that the customer will purchase 15,000 tons of ethanol-based automobile fuel per month. Then, in September 2008, Zhao Dong Jianye Fuel entered into contract with Shanxi Province Hanzhong Xilan Liquefied Petroleum Limited to provide the company 200 to 300 tons of M30 fuel each month. Neither of these contracts represents a binding purchase commitment as the customers commit to purchase fuel for only one month at a time. However, these contracts suggest that we are beginning to achieve a consistent stream of revenue.

Our business operates primarily in Chinese Renminbi (“RMB”), but we report our results in our SEC filings in U.S. Dollars. The conversion of our accounts from RMB to U.S. dollars results in translation adjustments. While our net income is added to the retained earnings on our balance sheet, the translation adjustments are added to a line item on our balance sheet labeled “accumulated other comprehensive income,” since it is more reflective of changes in the relative values of U.S. and Chinese currencies than of the success of our business. During the ~~nine-month~~year ~~period~~ ended March 31, 2010, the effect of converting our financial results to U.S. Dollars added $1133,~~536~~092 to our accumulated other comprehensive income.

RESULTS OF OPERATIONS

Results of Operations for the Three Months Ended ~~March~~September 3130, 2010 and ~~March~~September 3130, 2009:

For the Three Months Ended March 31,

Increase / (Decrease)

For the Three Months Ended September ,

Increase / (Decrease)

2010

2009

Revenues

0698

02,541,000

0(2,540,302)

Cost of Sales

035,263

02,386,690

0(2,351,427)

Gross Profit

0(34,565)

0154,310

0(188,875)

Selling, General and Administrative Expenses

~~120~~21,~~864~~284

8023,~~758~~592

40(2,~~106~~308)

Income (loss) from operations

(~~120~~55,~~864~~849)

~~(80~~130,~~758)~~718

(40186,~~106~~567)

Other Income (expenses)

~~(61)~~-

(~~165~~286)

~~104~~286

Income (loss) before provision for income taxes

(~~120~~55,~~925~~849)

~~(80~~130,~~923)~~432

(40186,~~002~~281)

Income taxes

~~(30,231),~~-

032,608

~~(30~~32,~~231)~~608

Net Income (loss)

(9055,~~694~~849)

~~(80~~97,~~923)~~824

(9153,~~771~~673)

Other Comprehensive Income (loss)

(36)

(11,606)

11,570

Total other income (expense)

33,630

11,578

(22,052)

Comprehensive Income (Loss)

(9022,~~730~~219)

~~(92~~109,~~529)~~402

1(131,~~799~~621)

Revenues. WeRevenues ~~did~~decreased ~~not~~approximately ~~generate~~$2,540,302, ~~any~~or ~~revenue~~100%, to $ 698 for the three~~-month~~ ~~periods~~months ended ~~March~~September 3130, 2010 ~~and~~from ~~March 31~~$2,541,000 for the same period in 2009.

Cost of Sales. NoOur cost of sales ~~were~~decreased ~~incurred~~approximately $2,351,427, or 99%, to $ 35,263 for the three~~-month~~ ~~periods~~months ended ~~March~~September 3130, 2010 ~~and~~from ~~March 31~~$2,386,690 for the same period in 2009. This decrease was mainly due to sales decrease.

Gross Profit. Our gross profit ~~was~~decreased approximately $0188,875, or 122%, to a gross loss of $34,565 for the three~~-month~~ ~~periods~~months ended ~~March~~September 3130, 2010 ~~and~~from ~~March~~a 31gross profit of $154,310 for the same period in 2009. This decrease was mainly due to a decrease in sale revenue.

Other Selling, General and Administrative Expenses. Other selling, general and administrative expenses ~~increased~~decreased approximately $402,~~106~~308, or 5010%, to $~~120~~21,~~864~~284 for the three months ended ~~March~~September 3130, 2010 from $8023,~~758~~592 for the same period in 2009. ~~This~~Such ~~increase~~decrease was ~~mainly~~ due to an increase in ~~depreciation~~sales ~~expenses and rent ,which is partially offset by a decrease in professional and traveling expenses~~revenue.

Income (loss) from operations. ~~Loss~~ Income (loss) from operations ~~increased~~decreased approximately $~~(40~~186,~~106)~~567 or 50143 %, to $(~~120~~55,~~864~~849) for the three months ended ~~March~~September 3130, 2010 from $~~(80~~130,~~758)~~718 for the same period in 2009. This ~~increase~~decrease was mainly due to ana ~~increase~~decrease in ~~operating~~sale ~~expenses~~revenue.

Other Income (expenses). Other expenses decreased approximately $~~104~~286, or 63100%, to ~~$(61)~~nil for the three months ended ~~March~~September 3130, 2010 from approximately $~~(165)~~286 for the same period in 2009. The change was not significant.

10Income(loss) Before Provision of Income Taxes. Income before income taxes decreased approximately $186,281, or 143 %, to $(55,849) for the three months ended September 30, 2010 from $130,432 for the same period in 2009. This decrease was mainly due to an increase in revenues, a decrease in operating profits, and a decrease in operating expenses.

Income (loss) Before Provision of Income Taxes. Loss before income taxes increased approximately $(40,002), or 49%, to $(120,925) for the three months ended March 31, 2010 from $(80,923) for the same period in 2009. This increase was mainly due to an increase in operating expenses9

Income Taxes. Income taxes decreased to approximately $~~(30~~32,~~231)~~608, or 100 %, to nil for the three months ended ~~March~~September 3130, 2010 from approximately $0 32,608 for the same period in 2009. This decrease was mainly due to a decrease in net income.

Net Income (loss). Net ~~loss~~income ~~increased~~decreased approximately $(9153,~~771)~~673, or 12157 %, to $(9055,~~694~~849) for the three months ended ~~March~~September 3130, 2010 from $~~(80~~97,~~923)~~824 for the same period in 2009. This ~~increase~~decrease in profitability for the period ended ~~December~~September 3130, ~~2009~~2010 was due to the reasons described above.

Results of Operations for the Nine Months Ended March 31, 2010 and March 31, 2009:

	For the Nine Months Ended March 31,				Increase / (Decrease)
	2010		2009
Revenues		3,577,545		324,430		3,253,115
Cost of Sales		3,260,149		294,770		2,965,379
Gross Profit		317,396		29,660		287,736
Selling, General and Administrative Expenses		259,265		418,813		(159,548)
Income (loss) from operations		58,131		(389,153)		447,284
Other Income (expenses)		81		(495)		576
Income (loss) before provision for income taxes		58,212		(389,648)		447,860
Income taxes		14,553		0		14,553
Net Income (loss)		43,659		(389,648)		435,307
Other Comprehensive Income (loss)		11,536		35,986		(24,450)
Comprehensive Income (Loss)		55,195		(353,662)		408,857

Revenues. Revenues increased approximately $3,253,115, or 1,003%, to $3,577,545 for the nine months ended March 31, 2010 from $324,430 for the same period in 2009. This increase was mainly due to the increase in sales to two customers for the period ended March 31, 2009, while the sales for the same period in 2009 represents the sales of sample batches to potential customers.

Cost of Sales. Our cost of sales increased approximately $2,965,379, or 1,006%, to $3,260,149 for the nine months ended March 31, 2010 from $294,770 for the same period in 2009. This increase was mainly due to sales increase.

Gross Profit. Our gross profit increased approximately $287,736, or 970%, to $317,396 for the nine months ended March 31, 2010 from $29,660 for the same period in 2009. This increase was mainly due to an increase in sales revenue. As a percentage of revenues, the gross profit decreased to 8.87% during the nine months ended March 31, 2010 from 9.14% for the same period of 2009. Such decrease of percentage was due to the sales for the same period in 2009 consisting mainly of the distribution of sample batches to potential customers and charging a higher margin for the sample sales. These gross profit percentages for the periods ended March 31, 2010 and 2009 are not meaningful, however, since we have not commenced full scale production.

Other Selling, General and Administrative Expenses. Other selling, general and administrative expenses decreased approximately $159,548, or 38%, to $259,265 for the nine months ended March 31, 2010 from $418,813 for the same period in 2009. This decrease was mainly due to a decrease in rent, and depreciation expenses, which is partially offset by an increase in bad debt and miscellaneous expenses. As a percentage of revenues, other selling, general and administrative expenses decreased to 7.25% during the nine months ended March 31, 2010 from 129.09% for the same period of 2009. Such decrease of percentage was due to an increase in sales revenue.

Income (loss) from operations. Income (loss) from operations increased approximately $447,284 or 115%, to $58,131 for the nine months ended March 31, 2010 from $(389,153) for the same period in 2009. This increase was mainly due to an increase in revenue and a decrease in operating expenses. As a percentage of revenues, income (loss) from operations increased to 16.25% during the nine months ended March 31, 2010 from (119.95)% for the same period of 2009. Such increase of percentage was due to an increase in revenue and a decrease in operating expenses.

Other Income (expenses). Other income increased approximately $576, or 116%, to $81 for the nine months ended March 31, 2010 from approximately $(495) for the same period in 2009. The change was not significant.

Income (loss) Before Provision of Income Taxes. Income before income taxes increased approximately $447,860, or 115%, to $58,212 for the nine months ended March 31, 2010 from $(389,648) for the same period in 2009. This increase was mainly due to an increase in revenues, an increase in operating profits, and a decrease in operating expenses. As a percentage of revenues, income (loss) before income taxes increased to 1.63% during the nine months ended March 31, 2010 from (120.10)% for the same period of 2009. Such increase of percentage was due to the same reason described above.

Income Taxes. Income taxes increased approximately $14,553 for the nine months ended March 31, 2010 from approximately $0 for the same period in 2009. This increase was mainly due to an increase in net income. As a percentage of revenues, income taxes increased to 0.41% during the nine months ended March 31, 2010 from 0% for the same period of 2009. Such increase of percentage was due to an increase in net income.

Net Income (loss). Net income increased approximately $435,307, or 112%, to $43,659for the nine months ended March 31, 2010 from $(389,648) for the same period in 2009. This increase in profitability for the period ended March 31, 2010 was due to the reasons described above.

LIQUIDITY AND CAPITAL RESOURCES

Our operations to date have been funded primarily by capital contributions and short-term loans from our Chairman, Jianye Wang, which have been adequate to bring us to the point where we are prepared to commence full scale production.

~~Our~~For ~~working~~the ~~capital~~three atmonths ~~March~~ended 31September 30, 2010 ~~totaled $5~~,~~019,249.~~ ~~Included in~~ our ~~working~~operations ~~capital, however, was $5,357,924~~ in ~~accounts~~that ~~receivable,~~period ~~almost~~decreased ~~all~~our ofcash ~~which~~position ~~are owed~~ by ~~the two customers referred to above. We are not certain when those receivables will be paid. Also included in working capital was an advance payment to our raw material suppliers in the amount of~~ $169,~~028,864~~735.The recipient of this advance payment will be our primary source of petroleum distillate, and we made this payment in accordance with Chinese custom to enable the refinery to expand its production capacity in anticipation of doing a large amount of business with us. We have, therefore, only a small amount of liquid assets.

For the nine months ended March 31, 2010, our operations in that period decreased our cash position by $88,623. This occurred primarily because the amount that we applied to reduce our accounts payable and accrued expenses, $649,066, and increase inventory of $616,683, which was partially offset by the amount that we collected on our accounts receivable, $864,387. This offset enabled us to preserve the goodwill of our vendors. During the same period we realized $185,202 in value from customer prepayments and other payable, which was partially offset by an increase in our advance to suppliers in the amount $4,156, allowing us to preserve our cash.

CRITICAL ACCOUNTING POLICIES

In preparing our financial statements we are required to formulate working policies regarding valuation of our assets and liabilities and to develop estimates of those values. In our preparation of the financial statements there were two estimates made which were (a) subject to a high degree of uncertainty and (b) material to our results. These estimates were:

· Our decision, indicated in the Consolidated Financial Statements, to record a provision of ~~only~~ $~~54,120~~0 for uncollectible accounts, against total related accounts receivable of $544,~~412,044~~553. This decision was based on our relationship with the debtors and our knowledge of their capacity to repay the debts.

· Our decision, described in Note 1 to the Consolidated Financial Statements, to record no provision for obsolete inventories. This decision was based on fact that our inventory at ~~March~~September 3130, 2010 amounted to less than two months’ sales and was primarily usable raw materials.

We have made no material changes to our critical accounting policies in connection with the preparation of financial statements included in this Quarterly Report on Form 10-Q.

Impact of Accounting Pronouncements

There were no recent accounting pronouncements that have had a material effect on the Company’s financial position or results of operations.

Recently Issued Accounting Policies

In June 2009, the Financial Accounting Standards Board issued guidance, which contains amendments to Accounting Standards Codification 810, "Consolidation," relating to how a company determines when an entity that is insufficiently capitalized or is not controlled through voting (or similar rights) should be consolidated. The determination of whether a company is required to consolidate an entity is based on, among other things, an entity's purpose and design and a company's ability to direct the activities of the entity that most significantly impact the entity's economic performance. These provisions became effective for us on January 1, 2010, but did not have a material impact on our financial position or results of operations.

In October 2009, the FASB issued Accounting Standards Updated (“ASU”) No. 2009-13, “Multiple-Deliverable Revenue Arrangements,” which amends existing revenue recognition accounting pronouncements that are currently within the scope of ASC 605. This guidance eliminates the requirement to establish the fair value of undelivered products and services and instead provides for separate revenue recognition based upon management’s estimate of the selling price for an undelivered item when there is no other means to determine the fair value of that undelivered item. ASU 2009-13 is effective for the Company prospectively for revenue arrangements entered into or materially modified beginning January 1, 2011. The Company is currently evaluating the impact, if any, that the adoption of this amendment will have on its consolidated financial statements.

In January 2010, the FASB issued ASU No. 2010-06, Improving Disclosures about Fair Value Measurements , which, among other things, amends Accounting Standards Topic 820 Fair Value Measurements and Disclosures (ASC 820) to require entities to separately present purchases, sales, issuances, and settlements in their reconciliation of Level 3 fair value measurements (i.e., to present such items on a gross basis rather than on a net basis), and which clarifies existing disclosure requirements provided by ASC 820 regarding the level of disaggregation and the inputs and valuation techniques used to measure fair value for measurements that fall within either Level 2 or Level 3 of the fair value hierarchy. ASU No. 2010-06 is effective for interim and annual periods beginning after December 15, 2009, except for the disclosures about purchases, sales, issuances, and settlements in the roll forward of activity in Level 3 fair value measurements which are effective for fiscal years beginning after December 15, 2010 and for interim periods within those fiscal years. The Company’s adoption of this standard had no impact on its consolidated financial position, results of operations or cash flows.

OFF-BALANCE SHEET ARRANGEMENTS

We do not have any off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on our financial condition or results of operations.

Item 3. Quantitative and Qualitative Disclosures about Market Risks

Not applicable due to smaller reporting company status.

Item 4T. Controls and Procedures

Evaluation of disclosure controls and procedures.

The Company’s management, with the participation of the Chief Executive Officer and Chief Financial Officer, has evaluated the effectiveness of the Company’s disclosure controls and procedures as of the end of the period covered by this ~~quarterly~~annual report (the “Evaluation Date”). Based on that evaluation, the Company’s Chief Executive Officer and Chief Financial Officer concluded that, as of the Evaluation Date, such controls and procedures were effective.

Changes in internal controls.

The term “internal control over financial reporting” (defined in SEC Rule 13a-15(f)) refers to the process of a company that is designed 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. The Company’s management, with the participation of the Chief Executive Officer and Chief Financial Officer, has evaluated ~~whether~~ any changes in the Company’s internal control over financial reporting ~~had~~that occurred during the ~~most~~fourth ~~recently~~quarter ~~completed~~of ~~fiscal~~the ~~quarter~~year covered by this annual report, and they have concluded that there was no change to the Company’s internal control over financial reporting that has materially affected, or is reasonably likely to materially affect, the Company’s internal control over financial reporting.

Management’s Report on Internal Control over Financial Reporting.

Management of the Company is responsible for establishing and maintaining adequate internal control over financial reporting as defined in Rule 13a-15(f) under the Securities Exchange Act of 1934. We have assessed the effectiveness of those internal controls as of June 30, 2009, using the Committee of Sponsoring Organizations of the Treadway Commission (“COSO”) Internal Control – Integrated Framework as a basis for our assessment.

Because of inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies and procedures may deteriorate. All internal control systems, no matter how well designed, have inherent limitations. Therefore, even those systems determined to be effective can provide only reasonable assurance with respect to financial statement preparation and presentation.

A material weakness (within the meaning of PCAOB Auditing Standard No. 5) is a deficiency, or a combination of deficiencies, in internal control over financial reporting such that there is a reasonable possibility that a material misstatement of our annual or interim financial statements will not be prevented or detected on a timely basis. In the course of making our assessment of the effectiveness of internal controls over financial reporting, we identified two material weaknesses in our internal control over financial reporting. These material weaknesses consisted of:

a. Lack of expertise in U.S accounting principles among the personnel in our Chinese headquarters. Our books are maintained and our financial statements are prepared by the personnel employed at our executive offices in Heilongjiang Province in the People’s Republic of China. Few of our employees have experience or familiarity with U.S accounting principles. The lack of personnel in our Heilongjiang office who are trained in U.S. accounting principles is a weakness because it could lead to improper classification of items and other failures to make the entries and adjustments necessary to comply with U.S. GAAP.

b. Lack of independent control over related party transactions. Jianye Wang is the sole director of China Jianye Fuel and of its subsidiary, Zhao Dong Jianye Fuel. From time to time Mr. Wang has made loans and capital contributions to finance the operations of Zhao Dong Jianye Fuel. The absence of other directors to review these transactions is a weakness because it could lead to improper classification of such related party transactions.

Management is currently reviewing its staffing and their training in order to remedy the weaknesses identified in this assessment. To date, we are not aware of significant accounting problems resulting from these weaknesses; so we have to weigh the cost of improvement against the benefit of strengthened controls. However, because of the above conditions, management’s assessment is that the Company’s internal controls over financial reporting were not effective as of June 30, 2010.

This annual report does not include an attestation report of the Company’s independent registered public accounting firm regarding internal control over financial reporting. Management’s report was not subject to attestation by the Company’s independent registered public accounting firm pursuant to the rules of the Securities and Exchange Commission that permit the Company to provide only management’s report in this annual report.

PART II - OTHER INFORMATION

Item 1. Legal Proceedings.

From time to time, we may become involved in various lawsuits and legal proceedings which arise in the ordinary course of business. However, litigation is subject to inherent uncertainties and an adverse result in these or other matters may arise from time to time that may harm our business. We are currently not aware of any such legal proceedings or claims that we believe will have a material adverse affect on our business, financial condition or operating results.

Item 1A. Risk Factors

Not ~~applicable~~required for smaller reporting companies.

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

None.

Item 3. Defaults Upon Senior Securities.

None

~~Item 4. Submission of Matters to a Vote of Security Holders.~~12

~~None~~Item 4. (Removed and Reserved)

Item 5. Other Information.

None.

Item 6. Exhibits.

Exhibit No.	Description

31.1	Certification of the Chief Executive Officer pursuant to Rule 13a-14(a)/15d-14(a) of the Securities Exchange Act of 1934, as amended.

31.2	Certification of the Chief Financial Officer pursuant to Rule 13a-14(a)/15d-14(a) of the Securities Exchange Act of 1934, as amended.

32.1	Certification of the Chief Executive Officer pursuant to Rule 13a-14(b) or Rule 15d-14(b) of the Securities Exchange Act of 1934, as amended, and 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.

32.2	Certification of the Chief Financial Officer pursuant to Rule 13a-14(b) or Rule 15d-14(b) of the Securities Exchange Act of 1934, as amended, and 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned thereunto duly authorized.

	CHINA JIANYE FUEL INC.
	By:	/s/ Shobu Yu
		Shobu Yu
		Name: Shobu Yu
		Chief Executive Officer
		Title: Chief Executive Officer
		Date: May 17, 2010
		(principal executive officer)
		Date: November 15, 2010

	By:	/s/ Haishen Fei
		Haishen Fei
		Name: Haishen Fei
		Chief Financial Officer
		Title: Chief Financial Officer
		Date: May 17, 2010
		(principal accounting officer)
		Date: November 15, 2010

17 13

Filing Compare · China Jianye Fuel, Inc.