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~~SECURITIES~~UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549

Washington, D.C. 20549
FORM 8-K

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

~~Pursuant~~ toDate ~~Section~~of 13Report ~~OR 15~~(d)Date of ~~The~~earliest ~~Securities~~event ~~Exchange~~reported): ~~Act~~August of31, ~~1934~~2005

~~Date~~CHINA ~~of Report~~GRANITE ~~(Date of earliest event reported): May 10, 2005~~CORPORATION.
(Exact name of Registrant as specified in charter)

CHINA GRANITE CORPORATION

FLORIDA	0-30516	88-0448920
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)

2642 Collins Avenue, Suite #305, Miami Beach, Florida		33140
(Address of principal executive offices)		(Zip Code)

Registrant's telephone number, including area code:		(305) 534-1684

Not Applicable
(Former name or former address if changes since last report)

------------------------------

(Exact name of registrant as specified in its charter)

	Nevada	0-30516	88-0448920
	(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification Number)

2642 Collins Avenue, Suite 305,

Miami Beach, FL 33140

--------------------------

(Address of principal executive offices)

(305) 534-1684

---------------

(Registrant's telephone number, including area code)

n/a

--------------------------

(Former Name or Former Address if changed Since Last Report)

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

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

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

~~o Pre~~This document includes "forward-~~commencement~~looking" ~~communications~~statements ~~pursuant~~within tothe meaning ~~Rule~~of ~~14d-2(b)~~Section ~~under~~27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Other than statements of historical fact, all ~~(17~~statements ~~CFR~~regarding ~~240~~industry prospects, the consummation of the transactions described in this document and the Company's expectations regarding the future performance of its businesses and its financial position are forward-looking statements.~~14d~~ These forward-~~2(b))~~looking statements are subject to numerous risks and uncertainties.

~~o Pre-commencement~~ITEM ~~communications~~8.01 ~~pursuant to Rule 13e~~-~~4(c)~~ ~~under~~OTHER ~~the Exchange Act (17 CFR 240.13e-4(c))~~EVENT

~~ITEM~~China ~~1.01~~Granite's ~~Entry~~Quarries ~~into a Material Definitive Agreement~~Reopened

OnThe ~~May 10,~~Mining ~~2005~~Management office, ~~Southern~~the ~~Rare~~Security ~~Earth~~& ~~Metal~~Inspection ~~Material Co.~~office, ~~Ltd~~and ~~(“SOREM”),~~the Environment aProtection ~~subsidiary~~Office of ~~China~~ ~~Granite~~Shandong ~~Corporation~~Province, PRC (~~“China~~the ~~Granite”~~"Mining Management Office") ~~entered~~inspected ~~into~~both aof ~~Manufacturing~~China ~~and Licensing~~Granite's ~~Agreement~~mines ~~(“Agreement”)~~and ~~with~~have cleared ~~Huizhou~~the ~~Southern~~company ~~Rare~~to ~~Metal~~resume ~~Material Co~~operations.~~, Ltd (“Huizhou”).~~

~~Under~~As ~~the terms~~previously ofannounced ~~the~~by ~~Agreement~~China Granite, ~~Huizhou~~on ~~grants~~March ~~a worldwide~~20, ~~exclusive~~2005 ~~license~~the Mining Management Office instructed its Laizhou branch to ~~SOREM~~close all mines under its tojurisdiction ~~use~~until ~~certain~~safety ~~plants~~inspections ~~and~~could ~~facilities~~be conducted of ~~Huizhou,~~each ~~located~~mine in ~~Guiangdong,~~the region ~~and~~before ~~Wan~~allowing mining operations to resume. This was due to a rockslide Ancaused ~~Jiangxi,~~by ~~Peoples’~~unauthorized ~~Republic~~mining which resulted in the deaths of 16 miners in the region. Two of China ~~(“Facilities”)~~Granite's ~~and~~mines ~~certain~~located ~~intellectual property~~in ~~used~~a different area in the ~~operation~~region to that of the ~~Facilities~~event were closed as a result of this mandate. ~~The~~In ~~Facilities~~conjunction with these safety inspections, the Provincial authorities are ~~used~~attempting ~~for~~to ~~the~~close ~~extraction~~all ~~and~~illegal ~~processing~~mines ofoperating ~~rare~~in ~~earth~~the ~~metals~~area.

~~As consideration~~China ~~for~~Granite ~~such~~is ~~license~~fully permitted, ~~the~~maintains ~~Agreement~~a ~~requires~~safety ~~China~~policy ~~Granite~~and is conscientious of its responsibility to ~~issue~~its employees. Safety inspections are 7carried out daily by the quarry masters before work begins,~~000,000~~ ~~shares~~and ofstrict ~~its~~rules ~~common~~are in ~~stock~~place to ~~certain~~halt ~~principals~~work ~~and~~during ~~officers~~inclement ofweather. To date, China Granite has had ~~Huizhou~~an accident free record at both mines.

~~The Agreement~~ITEM ~~requires SOREM to conduct its business in a manner that maintains the goodwill of Huizhou with respect to the Facilities~~9. ~~SOREM must maintain quality control standards and maintain good customer relations~~01. ~~SOREM~~FINANCIAL ~~is also obligated to abide by applicable laws and to pay expenses associated with the operation of the Facilities. In addition~~STATEMENTS, ~~SOREM~~PRO ~~must~~FORMA ~~communicate any concerns with respect to~~FINANCIAL ~~quality~~ INFORMATION ~~control~~AND ~~and other operational standards to Huizhou~~EXHIBITS. ~~Huizhou has the right to inspect SOREM’s business premises and records with respect to quality control.~~

~~The Agreement will remain effective for a term of 25 years; provided that it may be terminated earlier upon:~~ (ic) breach by either party, if that party fails to remedy such breach within 120 days of notice, (ii) upon the order of a court of competent jurisdiction, (iii) upon the dissolution, insolvency, appointment of a receiver or assignment for benefit of creditors with respect to either party, (iv) if either party ceases or threatens to cease substantially carrying-on its business; or (v) if either party’s assets employed in its business operations are foreclosed uponExhibits.

~~Under~~The ~~the terms~~following ofexhibits ~~the~~are ~~Agreement,~~furnished ~~Huizhou~~in ~~grants~~accordance ~~to SOREM, an option to purchase all assets and intellectual property associated~~ with ~~the~~Item ~~Facilities,~~601 ~~at any time during the term~~ of ~~the Agreement, for a purchase price of $1.00; provided SOREM~~ ~~assumes~~Regulation ~~liabilities of Huizhou of approximately $3,000,000.~~S-B:

~~Pursuant~~ to Exhibit ~~the~~No. 99.1 Press ~~requirements~~Release ofDated ~~the~~August ~~Securities and Exchange Act of 1934~~31, ~~as amended, the~~2005 ~~registrant has duly caused this report to be signed on its behalf by the~~ ~~undersigned hereto duly authorized.~~

Date: May 16, 2005 CHINA GRANITE CORPORATION, a Nevada corporation By: /s/ Dong Chen ------------------------------ Title: President & CEO ------------------------------SIGNATURES

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

CHINA GRANITE CORPORATION

By:

/s/ Costas Takkas
_________________________________
Costas Takkas, CFO & Director

Dated: September 6, 2005

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