UNITED ~~STATESSECURITIES AND EXCHANGE COMMISSIONWashington, D.C. 20549~~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: ~~June~~September 30, 2016

¨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 No. 000-54820

SICHUAN LEADERS PETROCHEMICAL COMPANY

(Exact name of small business issuer as specified in its charter)

FLORIDA		20-4138848
(State or other jurisdiction of incorporation or organization)		(I.R.S. Tax. I.D. No.)

3904 US Hwy 301 N Ellenton, FL 34222 (Address of Principal Executive Offices) (941) 907-6889 (Registrant’s Telephone Number, Including Area Code) (Registrant’s former name)

Indicate by check mark whether the registrant (~~Address~~1) has filed all reports required to be filed by Section 13 or 15(d) of ~~Principal~~the ~~Executive~~Securities ~~Offices~~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

~~(941)~~Indicate ~~907~~by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-~~6889~~accelerated filer, smaller reporting company, or an emerging growth company. See definition of “large accelerated filer,” accelerated filer” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act:

~~(Registrant's~~Large ~~Telephone~~accelerated ~~Number,~~filer ~~Including~~¨ ~~Area~~Accelerated ~~Code)~~filer ¨ Non-accelerated filer ¨ Smaller Reporting Company x Emerging growth company ¨

~~___________________~~If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

(Registrant's former name)

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

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Website, 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 x No ¨

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

Large accelerated filer. ¨ Accelerated filer. ¨ Non-accelerated filer. ¨ Smaller reporting company. x (Do not check if a smaller reporting company)

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

As of ~~July~~June 2212, ~~2016~~2017, there were 3043,~~755~~425,000 shares of common stock outstanding.

Cautionary Note Regarding Forward-Looking Statements		3
PART I - FINANCIAL INFORMATION
Item 1.	Financial Statements	4
Item 2.	Management's Discussion and Analysis of Financial Condition and Results of Operations	12
Item 3.	Quantitative and Qualitative Disclosures about Market Risk	16
Item 4.	Controls and Procedures	16
PART II – OTHER INFORMATION
Item 1.	Legal Proceedings	17
Item 2.	Unregistered Sales of Equity Securities And Use Of Proceeds	17
Item 3.	Defaults Upon Senior Securities	17
Item 4.	Mine Safety Disclosures	17
Item 5.	Other information	17
Item 6.	Exhibits	18
Signatures		19

EXPLANATORY NOTE

General. This quarterly report on Form 10-Q is for the fiscal quarter ended September 2016. It is being filed by us in an attempt to satisfy the delinquent filing status and to become current in our filing obligations under the Securities Exchange Act of 1934, as amended.This is our first periodic filing since the quarterly period ended June 30, 2016. This report will be followed by the annual report Form 10-K for the fiscal year ended Decebmber 31, 2016, and should be read in connection with the other reports filed by us with the SEC, including our quarterly reports on Form 10-Q for the quarters ended March 31, 2017.

Background of the Filing Delay. We were unable to file the above referenced periodic reports due to the Company’s lack of revenue generated which has made it difficult to sufficiently fund the costs of the filings.

TABLE OF CONTENTS

Cautionary Note Regarding Forward-Looking Statements		4

PART I – Financial Information

Item 1.	Financial Statements	5
Item 2.	Management’s Discussion and Analysis of Financial Condition and Results of Operations	10
Item 3.	Quantitative and Qualitative Disclosures about Market Risk	13
Item 4.	Controls and Procedures	14

PART II – Other Information

Item 1.	Legal Proceedings	15
Item 2.	Unregistered Sales of Equity Securities And Use Of Proceeds	15
Item 3.	Defaults Upon Senior Securities	15
Item 4.	Mine Safety Disclosures	15
Item 5.	Other information	15
Item 6.	Exhibits	16

Signatures		17

Table of Contents

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

This report contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, (the "“Securities Act"”) and Section 21E of the Securities Exchange Act of 1934, as amended, (the "“Exchange Act"”). These forward-looking statements are generally located in the material set forth under the heading "“Management'’s Discussion and Analysis of Financial Condition and Results of Operations"” but may be found in other locations as well. These forward-looking statements are subject to risks and uncertainties and other factors that may cause our actual results, performance or achievements to be materially different from the results, performance or achievements expressed or implied by the forward-looking statements. You should not unduly rely on these statements.

We identify forward-looking statements by use of terms such as "“may,"” "“will,"” "“expect,"” "“anticipate,"” "“estimate,"” "“hope,"” "“plan,"” "“believe,"” "“predict,"” "“envision,"” "“intend,"” "“will,"” "“continue,"” "“potential,"” "“should,"” "“confident,"” "“could"” and similar words and expressions, although some forward-looking statements may be expressed differently. You should be aware that our actual results could differ materially from those contained in the forward-looking statements.

Forward-looking statements are based on information available at the time the statements are made and involve known and unknown risks, uncertainties and other factors that may cause our results, levels of activity, performance or achievements to be materially different from the information expressed or implied by the forward-looking statements in this report. These factors include, among others:

	·	our ability to execute on our growth strategies;

	·	our ability to find manufacturing partners on favorable terms;

	·	declines in general economic conditions in the markets where we may compete;

	·	our anticipated needs for working capital; and

Where we express an expectation or belief as to future events or results, such expectation or belief is expressed in good faith and believed to have a reasonable basis.

Forward-looking statements speak only as of the date of this report or the date of any document incorporated by reference in this report. Except to the extent required by applicable law or regulation, we do not undertake any obligation to update forward-looking statements to reflect events or circumstances after the date of this report or to reflect the occurrence of unanticipated events.

3 Table of Contents

PART I – FINANCIAL INFORMATION

Item 1. Financial Statements

SICHUAN LEADERS PETROCHEMICAL COMPANY

BalanceSheets

As of June 30, 2016 (unaudited) and December 31, 2015

(All amounts shown in U.S. Dollars)	June 30,2016			December 31,2015
	(unaudited)
ASSETS
Current Assets:
Cash and Cash Equivalents	$	43,513		$	68,381
Prepaid Expenses		25			3,849
Total Current Assets		43,538			72,230
Total Assets:		43,538			72,230
LIABILITIES AND STOCKHOLDERS' EQUITY
Current Liabilities:
Accounts Payable		-			66
Interest Payable		13,145			8,263
Loans from Shareholder		110,000			110,000
Total Current Liabilities		123,145			118,329
Total Liabilities		123,145			118,329
Stockholders' Equity:
Common Stock; $0.01 per share par value; 5,000,000,000 shares authorized; and 30,755,000 and 30,755,000 issued and outstanding at June 30, 2016 and December 31, 2015, respectively.		307,550			307,550
Additional Paid in Capital		(68,566	)		(68,566	)
Accumulated Deficit		(318,591	)		(285,083	)
Total Stockholders' Deficit		(79,607	)		(46,099	)
Total Liabilities and Stockholders' Deficit	$	43,538		$	72,230

The accompanying notes are an integral part of these financial statements.

Table of Contents

~~SICHUAN~~PART ~~LEADERS~~I ~~PETROCHEMICAL~~– ~~COMPANY~~ FINANCIAL INFORMATION

~~STATEMENTS~~Item OF1. ~~OPERATIONS~~Financial Statements

	Six Months Ended June 30,						Three Months Ended June 30,
	2016			2015			2016			2015
	(unaudited)			(unaudited)			(unaudited)			(unaudited)
Revenue:	$	-		$	-		$	-		$	-
Operating Expenses:
General and Administrative - Related Party		11,979			28,014			5,989			8,964
General and Administrative		16,647			13,315			3,587			4,904
Operations Loss, Pre Tax		(28,626	)		(41,329	)		(9,576	)		(13,868	)
Net Loss Continued Operations		(28,626	)		(41,329	)		(9,576	)		(13,868	)
Other Income (Expense)
Interest Expense – Related Party		4,882			3,326			2,441			2,416
Net Loss		(33,508	)		(44,655	)		(12,017	)		(16,284	)
Basic and Diluted Net (Loss) per share:
Continuing Operations		(0.00	)		(0.00	)		(0.00	)		(0.00	)
Weighted average number of shares outstanding; Basic and Diluted		30,755,000			30,755,000			30,755,000			30,755,000

SICHUAN LEADERS PETROCHEMICAL COMPANY

~~The~~BALANCE ~~accompanying notes are an integral part of these financial statements.~~SHEETS

5As ~~Table~~ of ~~Contents~~September 30, 2016 (unaudited) and December 31, 2015

SICHUAN LEADERS PETROCHEMICAL COMPANY

(All amounts shown in U.S. Dollars)	September 30, 2016			December 31, 2015
	(unaudited)
ASSETS
Current Assets:
Cash and Cash Equivalents	$	28,769		$	68,381
Prepaid Expenses		7,649			3,849
Total Current Assets		36,418			72,230
Total Assets:		36,418			72,230

LIABILITIES AND STOCKHOLDERS' EQUITY
Current Liabilities:
Accounts Payable		5,989			66
Interest Payable		15,613			8,263
Loans from Shareholder		110,000			110,000
Total Current Liabilities		131,602			118,329
Total Liabilities		131,602			118,329

Stockholders' Equity:
Common Stock; $0.01 per share par value; 5,000,000,000 shares authorized; and 30,755,000 and 30,755,000 issued and outstanding at September 30, 2016 and December 31, 2015, respectively.		307,550			307,550
Additional Paid in Capital		(68,566	)		(68,566	)
Accumulated Deficit		(334,168	)		(285,083	)
Total Stockholders’ Deficit		(95,184	)		(46,099	)

Total Liabilities and Stockholders' Deficit	$	36,418		$	72,230

~~Statements~~The OFaccompanying ~~Cash~~notes ~~Flows~~are an integral part of these unaudited financial statements.

	Six months Ended June 30,
	2016			2015
	(unaudited)			(unaudited)
Cash Flows from Operating Activities:
Net Loss	$	(33,508	)	$	(44,655	)
Adjustments to reconcile net loss to net cash (used in) provided by operations:
Changes in Operating Assets and Liabilities:
Accounts Payable		(66	)		(3,795	)
Accrued Expenses: Interest Payable		4,882			3,326
Prepaid Expenses		3,824			(4,028	)
Net Cash Flows Used in Operating Activities:		(24,868	)		(49,152	)
Cash Flows from Financing Activities:
Loans from (to) Related Party		-			110,000
Net Cash Provided by Financing Activities		-			110,000
Change in Cash and Cash Equivalents:		(24,868	)		60,848
Cash and Cash Equivalents, Beginning of Period		68,381			23,092
Cash and Cash Equivalents, End of Period	$	43,513		$	83,940
Supplemental Cash Flow Information:
Cash paid for interest		-			-
Cash paid for taxes		-			-

Table of Contents

~~The~~SICHUAN ~~accompanying~~LEADERS ~~notes~~PETROCHEMICAL ~~are~~COMPANY ~~an integral part of these financial statements.~~

6STATEMENTS ~~Table~~OF ~~of Contents~~OPERATIONS

Sichuan Leaders Petrochemical Company

	Nine Months Ended September 30,						Three Months Ended September 30,
	2016			2015			2016			2015
	(unaudited)			(unaudited)			(unaudited)			(unaudited)

Revenue:	$	-		$	-		$	-		$	-

Operating Expenses:
General and Administrative - Related Party		17,968			31,935			5,989			3,921
General and Administrative		23,767			19,706			7,120			6,391
Operations Loss		(41,735	)		(51,641	)		(13,109	)		(10,312	)

Other Income (Expense)
Interest Expense – Related Party		(7,350	)		(5,795	)		2,468			(2,469	)
Net Loss		(49,085	)		(57,436	)		(15,577	)		(12,781	)

Basic and Diluted Net (Loss) per share:		(0.00	)		(0.00	)		(0.00	)		(0.00	)

Weighted average number of shares outstanding; Basic and Diluted		30,755,000			30,755,000			30,755,000			30,755,000

~~Notes~~The toaccompanying ~~Financial~~notes ~~Statements~~are an integral part of these unaudited financial statements.

~~For~~ 6 Table ~~the~~of ~~Six Months Ended June 30, 2016 and 2015~~Contents

~~(Unaudited)~~SICHUAN LEADERS PETROCHEMICAL COMPANY

~~NOTE~~STATEMENTS ~~1. NATURE~~ OF ~~BUSINESS~~CASH FLOWS

Organization

	Nine Months Ended September 30,
	2016			2015
	(unaudited)			(unaudited)
Cash Flows from Operating Activities:
Net Loss	$	(49,085	)	$	(57,436	)
Adjustments to reconcile net loss to net cash (used in) provided by operations:
Changes in Operating Assets and Liabilities:
Accounts Payable		5,923			2,000
Accrued Expenses: Interest Payable		7,350			-
Prepaid Expenses		(3,800	)		(2,062	)
Net Cash Flows Used in Operating Activities:		(39,612	)		(57,498	)

Cash Flows from Financing Activities:
Loans from (to) Related Party		-			110,000
Net Cash Provided by Financing Activities		-			110,000

Change in Cash and Cash Equivalents:		(39,612	)		52,502

Cash and Cash Equivalents, Beginning of Period		68,381			23,092

Cash and Cash Equivalents, End of Period	$	28,769		$	75,594

Supplemental Cash Flow Information:
Cash paid for interest		-			-
Cash paid for taxes		-			-

Sichuan Leaders Petrochemical Company ("we," "us," "our" or the "Company"), formally known as Quality Wallbeds, Inc., was incorporated under the laws of the State of Florida on June 29, 2000. From our inception through May 2013, we provided quality space saving custom home furniture and closet organizing systems to the general public. We offered our services to people and companies needing assistance in the organization of their living/work space. In May 2013, our Board of Directors (the "Board") determined that to continue to protect and increase shareholder value, it would be to the advantage, welfare and best interests of our shareholders to consider alternative corporate strategies to generate new business revenue for the Company. The ~~Board~~accompanying ~~proposed~~notes ~~that~~are wean ~~pursue~~integral ~~opportunities~~part ~~in Asia to acquire companies in the wholesale and resale~~ of ~~products~~these inunaudited ~~the~~financial ~~automotive oil industry~~statements. To facilitate this action, the Board voted to dispose of all of our assets related to the retail operation of the wall bed products. This action was approved on May 21, 2013 by shareholders representing 87% of our issued and outstanding shares of common stock.

~~NOTE~~7 2.Table ~~GOING~~of ~~CONCERN~~Contents

~~The~~SICHUAN ~~accompanying~~LEADERS ~~financial~~PETROCHEMICAL ~~statements~~COMPANYNOTES ~~have~~TO ~~been~~FINANCIAL prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. The Company had no ongoing business or other source of income and incurred a net loss of ($33,508) for the six month period ended June 30, 2016. These factors raise substantial doubt about the ability of the Company to continue as a going concern for a reasonable period of time. STATEMENTS

~~The~~For ~~Company is currently evaluating acquisitions and other business opportunities. The ability to continue as a going concern is dependent upon~~ the ~~Company~~Nine ~~generating~~Months ~~profitable~~Ended ~~operations~~September ~~in the future and~~30, ~~or,~~2016 ~~obtaining the necessary financing to meet its obligations~~ and ~~repay its liabilities arising from normal business operations when they come due. No assurance can be given that the Company will be successful in these efforts.~~2015

~~NOTE 3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES~~(Unaudited)

~~Basis~~NOTE of1. ~~Presentation~~NATURE OF BUSINESS

The accompanying unaudited financial statements of the Company have been prepared in accordance with accounting principles generally accepted in the United States ("GAAP") for interim financial information and in accordance with the instructions to Form 10-Q and Article 8 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by GAAP for complete financial statements. In the opinion of management, all adjustments, consisting of normal recurring accruals, considered necessary for a fair presentation have been included. In the opinion of management there have been no changes to the Company's significant accounting policies, referred to in the audited consolidated financial statements and footnotes thereto, included in the Company's Annual Report on Form 10-K for the year ended December 31, 2015, filed March 1, 2016. All Amounts referenced in these Financial Statements and this Report are in US Dollars unless otherwise stated.Organization

InSichuan ~~the~~Leaders ~~opinion~~Petrochemical ofCompany ~~management~~(“we,” ~~all~~“us,” ~~adjustments~~“our” ~~consisting~~or ofthe ~~normal~~“Company”), ~~recurring~~formally ~~adjustments~~known ~~necessary~~as ~~for~~Quality aWallbeds, ~~fair~~Inc., ~~statement~~was ofincorporated ~~(a)~~under the ~~result~~laws of ~~operations for~~ the ~~six~~State ~~month~~of ~~period~~Florida ~~ended~~on June 3029, ~~2016~~2000. ~~and~~From ~~2015;~~our ~~(b)~~inception ~~the~~through ~~financial~~May ~~position~~2013, atwe ~~June~~have ~~30,~~provided ~~2016;~~quality space saving custom home furniture and ~~(c)~~closet ~~cash~~organizing ~~flows~~systems ~~for~~to the ~~six~~general ~~month~~public. ~~period~~We ~~ended~~offered ~~June~~our ~~30,~~services ~~2016~~to people and ~~2015,~~companies ~~have~~needing ~~been~~assistance ~~made~~in the organization of their living/work space. ~~Management~~In ~~believes~~May 2013, our Board of Directors (the “Board”) determined that ~~these~~to ~~estimates~~continue ~~are~~to ~~reasonable~~protect and ~~have~~increase ~~been~~shareholder ~~discussed~~value, ~~with~~it would be to the ~~Board~~advantage, welfare and best interests of ~~Directors;~~our ~~however,~~shareholders ~~actual~~to ~~results~~consider ~~could~~alternative ~~differ~~corporate ~~from~~strategies ~~those~~to ~~estimates.~~generate ~~Operating~~new ~~results~~business revenue for the ~~six~~Company. ~~month~~The ~~period~~Board ~~ended~~proposed ~~June~~that ~~30,~~we ~~2016~~pursue ~~are~~opportunities ~~not~~in ~~necessarily~~Asia ~~indicative~~to acquire companies in the wholesale and resale of products in the ~~results~~automotive ~~that~~oil ~~may~~industry. beTo ~~expected~~facilitate ~~for~~this action, the ~~year~~Board ~~ended~~voted ~~December~~to 31dispose of all of our assets related to the retail operation of the wall bed products. This action was approved on May 21, ~~2016~~2013 by shareholders representing 87% of our issued and outstanding shares of common stock.

~~Reclassification~~NOTE 2. GOING CONCERN

~~During~~The accompanying financial statements have been prepared on a going concern basis, which contemplates the ~~six~~realization of assets and the satisfaction of liabilities in the normal course of business. The Company had no ongoing business or other source of income and incurred a net loss of ($49,085) for the nine month period ended ~~June~~September 30, ~~2015~~2016. These factors raise substantial doubt about the ability of the Company ~~reclassified~~to ~~certain~~continue ~~prior~~as ~~period~~a ~~amounts~~going toconcern ~~conform~~for toa ~~current~~reasonable period ~~presentation~~of time.

7The ~~Table~~Company ofis ~~Contents~~currently evaluating acquisitions and other business opportunities. The ability to continue as a going concern is dependent upon the Company generating profitable operations in the future and, or, obtaining the necessary financing to meet its obligations and repay its liabilities arising from normal business operations when they come due. No assurance can be given that the Company will be successful in these efforts.

~~Use~~NOTE of3. ~~Estimates~~SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

~~The~~Basis ~~preparation~~ of ~~financial~~Presentation statements in conformity with US GAAP 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. The Company regularly evaluates estimates and assumptions related to the recoverability of deferred income tax asset valuation allowances. The Company bases its estimates and assumptions on current facts, historical experience and various other factors that it believes to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities and the accrual of costs and expenses that are not readily apparent from other sources. The actual results experienced by the Company may differ materially and adversely from the Company's estimates. To the extent there are material differences between the estimates and the actual results, future results of operations will be affected.

~~Cash~~The accompanying unaudited financial statements of the Company have been prepared in accordance with accounting principles generally accepted in the United States (“GAAP”) for interim financial information and ~~Cash~~in ~~Equivalents~~accordance with the instructions to Form 10-Q and Article 8 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by GAAP for complete financial statements. In the opinion of management, all adjustments, consisting of normal recurring accruals, considered necessary for a fair presentation have been included. In the opinion of management there have been no changes to the Company’s significant accounting policies, referred to in the audited consolidated financial statements and footnotes thereto, included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2015, filed March 1, 2016. All Amounts referenced in these Financial Statements and this Report are in US Dollars unless otherwise stated.

~~The~~In ~~majority~~the opinion of ~~cash~~management, isall ~~maintained~~adjustments ~~with~~consisting of normal recurring adjustments necessary for a ~~major~~fair ~~financial~~statement ~~institution~~of in(a) the ~~United~~result ~~States.~~of ~~Generally,~~operations ~~these~~for ~~deposits~~the ~~may~~nine bemonth ~~redeemed~~period onended ~~demand~~September ~~and~~30, ~~therefore,~~2016 ~~bear~~and ~~minimal~~2015; ~~risk.~~(b) ~~The~~the ~~Company~~financial ~~considers~~position ~~all~~at ~~highly~~September ~~liquid~~30, ~~investments~~2016; ~~purchased~~and ~~with~~(c) ancash ~~original~~flows ~~maturity~~for ofthe ~~six~~nine ~~months~~month orperiod ~~less~~ended toSeptember be30, ~~cash~~2016 ~~equivalents~~and 2015, have been made. AsManagement ofbelieves ~~June~~that ~~30,~~these ~~2016~~estimates are reasonable and ~~December~~have ~~31,~~been ~~2015~~discussed with the ~~Company's~~Board ~~deposits~~of ~~with~~Directors; ~~this~~however, ~~bank~~actual ~~did~~results ~~not~~could ~~exceed~~differ from those estimates. Operating results for the ~~amount~~nine month period ended September 30, 2016 are not necessarily indicative of ~~insurance~~the ~~provided~~results onthat ~~such~~may ~~deposits.~~be ~~All~~expected ~~cash~~for ~~stated~~the inyear ~~US$~~ended ~~unless~~December ~~otherwise~~31, ~~stated~~2016.

~~Fair~~8 ~~Value~~Table of ~~Financial Instruments~~Contents

~~FASB~~NOTE ASC 820-10 "Fair Value Measurements and Disclosures" defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date4. ~~This~~COMMITMENTS ~~ASC~~AND also establishes a fair value hierarchy that distinguishes between (1) market participant assumptions developed based on market data obtained from independent sources (observable inputs) and (2) an entity's own assumptions about market participant assumptions developed based on the best information available in the circumstances (unobservable inputs). The fair value hierarchy consists of three broad levels, which gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1) and the lowest priority to unobservable inputs (Level 3). CONTINGENCIES

~~The~~Related ~~three levels of the fair value hierarchy are described below:~~Party

~~Level~~The ~~1Unadjusted~~controlling ~~quoted~~shareholders ~~prices~~have inpledged ~~active~~support ~~markets~~to ~~that~~fund ~~are~~continuing ~~accessible at the measurement date for identical~~operations, ~~unrestricted~~as ~~assets or liabilities~~necessary. ~~Level~~ ~~2Inputs~~From ~~other~~time ~~than~~to ~~quoted~~time, ~~prices~~the ~~included~~Company inis ~~Level~~dependent 1upon ~~that are observable for~~ the ~~asset~~continued orsupport ~~liability,~~of ~~either~~these ~~directly or indirectly~~parties, ~~including~~through ~~quoted~~temporary ~~prices~~advances ~~for similar assets~~ or ~~liabilities~~through inarrangements ~~active~~of ~~markets;~~their ~~quoted~~personal ~~prices for identical or similar assets and liabilities in markets that are not active; inputs other than quoted prices that are observable for the asset or liability (e~~credit.g. However, ~~interest~~there ~~rates);~~is ~~and~~no ~~inputs~~written ~~that~~commitment ~~are derived principally from or corroborated by observable data by correlation or other means. Level 3Inputs that are both significant~~ to ~~the~~this ~~fair value measurement and unobservable~~effect.

~~Currently~~Commencing ~~there~~January ~~are~~1, no2016, ~~assets~~the ~~that~~company ~~are~~renewed ~~required~~the one year agreement with AF Ocean Investment Management Company to beprovide ~~fair~~management ~~valued~~services to the Company. The Company pays AF Ocean Investment Management Company $1,996 per month.

The ~~Company's~~amounts ~~financial~~and ~~instruments~~terms ~~consist principally~~ of ~~cash,~~the ~~prepaid~~above ~~expenses~~transactions ~~and~~may ~~accounts~~not ~~payable.~~necessarily ~~The~~be ~~recorded~~indicative ~~values~~ of ~~all~~the ~~these~~amounts ~~financial~~and ~~instruments~~terms ~~approximate~~that ~~their~~would ~~current~~have ~~fair~~been ~~values~~incurred ~~because~~had ofcomparable ~~the~~transactions ~~short~~been ~~term~~entered ~~nature~~into ofwith ~~these~~independent ~~financial~~third ~~instruments~~parties.

8The ~~Table~~Company does not have employment contracts with its key employees, including the officers of ~~Contents~~the Company.

~~Impairment~~Leases ofAnd ~~Long-Lived Assets~~Facility

~~FASB~~Our ~~ASC~~office ~~360~~is ~~requires~~located ~~that~~at ~~long-lived~~3904 ~~assets~~US ~~and~~Hwy ~~certain~~301 ~~identifiable~~N intangibles held and used by an entity be reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. We assess the potential impairment of long-lived assetsEllenton, ~~principally~~FL ~~property and equipment, whenever events or changes in circumstances indicate that the carrying value may not be recoverable~~34222. WeThe ~~determine~~office ifspace ~~there~~ is ~~impairment~~rented by ~~comparing undiscounted future cash flows from~~ the ~~related~~Service ~~long-lived assets with their respective carrying values. In determining future cash flows~~Provider, ~~significant~~and ~~estimates are made by us with respect to future operating results of~~ the ~~restaurant~~Company ~~over~~pays ~~its~~a ~~remaining~~monthly ~~lease~~management ~~term.~~fee ~~If assets are determined~~ to bethem ~~impaired,~~for ~~the~~services ~~impairment~~provided ~~charge~~which isincludes ~~measured by calculating~~ the ~~amount~~company’s ~~by which the asset carrying amount exceeds its fair value~~rent. ~~This~~We ~~process~~share ofthe ~~assessing~~office ~~fair~~with ~~values requires~~ the ~~use~~Service ofProvider ~~estimates~~ and ~~assumptions,~~ChinAmerica ~~which~~Andy ~~are~~Movie ~~subject~~Entertainment toMedia ~~a high degree of judgment~~Co. IfThe ~~these~~service ~~assumptions~~provider ~~change~~pays rent in the ~~future,~~amount ~~we may be required to record impairment charges for these assets. The Company owned no long-lived assets as~~ of ~~June~~$400 ~~30,~~per ~~2016 or December 31, 2015~~month.

~~Income~~NOTE ~~Taxes~~5. SUBSEQUENT EVENTS

WeOn ~~account~~May ~~for~~31, ~~income~~2017, ~~taxes under~~ the ~~asset~~Company ~~and~~entered ~~liability~~into ~~method,~~a ~~which~~transactional ~~requires~~agreement ~~the~~with ~~recognition~~VentureVest ofCapital ~~deferred~~(VentureVest) ~~tax~~in ~~assets~~a ~~and~~consulting ~~liabilities~~capacity ~~for~~to ~~the~~assist ~~expected~~in ~~future~~bringing ~~tax~~the ~~consequences~~Company’s ofdelinquent ~~events~~filings ~~that~~current. ~~have~~VentureVest ~~been~~has ~~included~~offered into loan the ~~financial~~Company ~~statements.~~an ~~Under~~estimated ~~this~~amount ~~method~~of $19,000, ~~deferred~~and ~~tax~~has ~~assets~~agreed ~~and~~to ~~liabilities~~accept ~~are~~promissory ~~determined~~notes ~~based~~for oneach ~~temporary~~issuance ~~differences~~of ~~between~~funds on the ~~financial~~date ~~statements~~the ~~and~~transfer ~~tax basis~~ of ~~assets~~funds ~~and~~takes ~~liabilities~~place. ~~using~~Furthermore, ~~enacted~~the ~~tax~~Company ~~rates~~has inagreed ~~effect~~that ~~for~~VentureVest ~~the~~will ~~year~~have ~~in which~~ the ~~differences~~exclusive ~~are~~right ~~expected~~ to ~~reverse.~~represent ~~The~~the ~~effect~~Company ~~of a change in tax rates on deferred tax assets~~ and ~~liabilities~~to islocate ~~recognized~~a inbuyer ~~income~~for in the ~~period~~common ~~that~~stock ~~includes~~owned ~~the~~by ~~enactment~~Mr. ~~date~~Fan.

WeOn ~~record~~May ~~net deferred tax assets to the extent we believe these assets will more likely than not be realized. In making such determination~~31, ~~we consider all available positive and negative evidence~~2017, ~~including~~VentureVest ~~future~~has ~~reversals~~agreed ofto ~~existing~~accept ~~taxable temporary differences, projected future taxable income, tax planning strategies and recent financial operations. In~~ the ~~event~~1st weconvertible ~~were~~Promissory toNote ~~determine~~for ~~that we would be able to realize our deferred income tax assets in~~ the ~~future~~total inamount ~~excess~~ of ~~their net recorded amount~~$6,000. weThese ~~would~~convertible ~~make~~promissory annotes ~~adjustment~~will tobe ~~the~~issued ~~valuation~~at ~~allowance,~~a ~~which~~rate ~~would~~of ~~reduce~~$0.05 ~~the~~per ~~provision for income taxes~~share.

~~Revenue~~On ~~Recognition~~November 10, 2016, Chairman Andy Fan agreed to accept shares in the amount of 12,670,000 in exchange for cancelling the debt totaling $126,700 which includes $110,000 plus interest of $16,700, incurred commencing in February, 2015.

~~The~~9 ~~Company~~Table ~~recognizes revenue when it is realized or realizable and earned. The Company considers revenue realized or realizable and earned when all~~ of the following criteria are met: (i) persuasive evidence of an arrangement exists, (ii) the product has been shipped or the services have been rendered to the customer, (iii) the sales price is fixed or determinable, and (iv) collectability is reasonably assured.Contents

~~Stock-Based~~ITEM ~~Compensation~~2. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

The ~~Company~~following ~~accounts~~discussion ~~for~~and ~~stock-based~~analysis ~~instruments~~of ~~issued~~financial tocondition ~~employees~~and inresults ~~accordance~~of ~~with~~operations ~~ASC~~should ~~Topic~~be ~~718.~~read ~~ASC Topic 718 requires companies to recognize~~ in ~~the~~conjunction ~~statement~~with ofour ~~operations~~financial ~~the~~statements ~~grant-date fair value of stock options~~ and ~~other~~related ~~equity~~notes ~~based~~included ~~compensation~~elsewhere ~~issued~~in tothis ~~employees~~report. ~~The~~This ~~value~~discussion ofcontains ~~the~~forward-looking ~~portion~~statements ~~of an award~~ that isinvolve ~~ultimately~~risks, ~~expected~~uncertainties toand ~~vest is recognized as an expense over the requisite service periods using the straight-line attribution method~~assumptions.~~The~~ ~~Company~~See ~~accounts~~“Cautionary ~~for~~Note ~~non-employee~~Regarding ~~share~~Forward-~~based~~Looking ~~awards in accordance with the measurement and recognition provisions ASC Topic 505-50~~Statements.” ~~The~~Our ~~Company~~actual ~~estimates~~results ~~the~~could ~~fair~~differ ~~value~~materially offrom ~~stock~~those ~~options~~anticipated atin the ~~grant date by using the Black~~forward-~~Scholes~~looking ~~option-pricing~~statements ~~model.~~as Noa ~~stock~~result ~~based~~of ~~compensation~~certain ~~was~~factors ~~issued~~discussed orelsewhere ~~outstanding~~in ~~during~~this ~~the six month period ended June 30, 2016 or 2015~~report.

~~Net~~Overview ~~Earnings (Loss) Per Share~~

~~The~~Sichuan ~~Company~~Leaders ~~computes~~Petrochemical ~~net~~Company ~~income~~ (~~loss)~~“we,” ~~per share in accordance with ASC 260~~“us,” ~~Earnings~~“our” ~~per~~or ~~Share. ASC 260 requires presentation of both basic and diluted earnings per share ("EPS") on~~ the ~~face of the income statement. Basic EPS is computed by dividing net income (loss~~“Company”) ~~available~~was toincorporated ~~common~~in ~~shareholders (numerator) by~~ the ~~weighted~~State ~~average number~~ of ~~shares~~Florida ~~outstanding~~on ~~(denominator)~~June ~~during~~29, ~~the~~2000 ~~period.~~under ~~Diluted EPS gives effect to all dilutive potential common shares outstanding during~~ the ~~period~~name ~~using~~Quality ~~the~~Wallbeds, ~~treasury stock method and convertible preferred stock using the if-converted method~~Inc. In ~~computing~~December ~~diluted EPS~~2012, ~~the~~we ~~average~~changed ~~stock~~our ~~price~~name ~~for the period is used~~ in ~~determining~~anticipation ~~the number~~ of ~~shares~~new ~~assumed~~business toopportunities. beFrom ~~purchased~~our ~~from~~inception ~~the~~through ~~exercise~~May of2013, ~~stock~~we ~~options~~provided orquality ~~warrants.~~space ~~Diluted~~saving ~~EPS~~custom ~~excludes~~home ~~all~~furniture ~~dilutive~~and ~~potential~~closet ~~shares~~organizing ifsystems ~~their~~to ~~effect~~the isgeneral ~~anti-dilutive~~public. NoWe ~~potentially~~discontinued ~~dilutive~~our ~~debt~~wall orbed ~~equity~~operations ~~instruments~~on ~~were~~May ~~issued and outstanding during the six month periods ended June 30~~21, ~~2016 and 2015~~2013.

~~Recent~~We ~~Accounting~~are ~~Pronouncements~~exploring various opportunities, including the petrochemical field, to determine our best strategic business direction. Since the change in the business model, current management has seen a direct impact on our revenues. Future cash flows, if any, are impossible to predict at this time. We may raise cash from sources other than our operations. Our only other source for cash at this time is investments by others in the Company or our sole director and executive officer, Andy Z. Fan. Any change in our strategic business direction may take years to complete and future cash flows, if any, are impossible to predict at this time.

WeResults ~~have reviewed all the recently issued, but not yet effective, accounting pronouncements and we do not believe any~~ of ~~these pronouncements will have a material impact on the Company financial statements.~~ Operations

9The ~~Table~~following tables provide a comparison of ~~Contents~~a summary of our results of operations for the six and three month period ended September 30, 2016 and 2015

~~NOTE~~Results 4.of ~~RELATED~~Operations ~~PARTY~~for ~~TRANSACTIONS~~the Nine month period Ended September 30, 2016 and 2015.

There were no new related party transactions that occurred during the six month period ended June 30, 2016.

	Nine Months Ended September 30,
	2016			2015			% Change
Revenue	$	-						0	%
General and Administrative Expense – Related Party		17,968			31,935			44	%
General and Administrative Expense		23,767			19,706			-21	%
Loss from Operations		(41,735	)		(51,641	)		20	%
Other Income and (Expense)
Interest Expense – Related Party		(7,350	)		(5,795	)		-27	%
Net Loss	$	(49,085	)		(57,436	)		15	%

~~NOTE~~ 10 Table 5.of ~~INCOME TAXES~~Contents

AsRevenue ~~of June 30, 2016 and December 31, 2015, the Company has net operating losses~~ from ~~operations.~~Operations The carry forwards expire through the year 2029. The Company's net operating loss carry forward may be subject to annual limitations, which could reduce or defer the utilization of the losses as a result of an ownership change as defined in Section 382 of the Internal Revenue Code. A valuation allowance has been applied due to the uncertainty of realization.

~~The~~For ~~Company's~~the ~~tax~~nine ~~expense~~month ~~differs~~period ~~from~~ended ~~the~~September ~~"expected"~~30, ~~tax~~2016 ~~expense~~and ~~for~~September ~~Federal~~30, ~~income~~2015, ~~tax~~total ~~purposes~~revenue ~~(computed~~was by$0 ~~applying~~as ~~the~~we ~~United~~have ~~States~~not ~~Federal~~commenced ~~tax~~revenue ~~rate~~generating ofoperations ~~34%~~following ~~and~~the ~~State~~discontinuance ~~tax rate~~ of ~~3.3%~~our toFlorida ~~income~~wall ~~before~~bed ~~taxes),~~operation asin ~~follows:~~May 2013.

	Six Month Period Ended June 30,(Unaudited)
US Dollars $	2016			2015
Tax Expense (benefit) at the Statutory Rate	$	(11,393	)	$	(15,183	)
State Income Taxes, Net of Federal Income Tax Benefit		(1,106	)		(1,474	)
Change in Valuation allowance		(12,499	)		(16,657	)
Total	$	-		$	-

General and Administrative Expenses– Related Party

For the nine month period ended September 30, 2016 and September 30, 2015, related party operating expenses were $17,968 and $31,935, respectively. The ~~tax~~decrease ~~effects~~in expenses between the two periods is directly related to the reduction of management fees paid to the ~~temporary~~Service ~~differences~~Provider. ~~between~~Due ~~reportable~~to ~~financial~~the ~~statement~~nominal ~~income~~work load needed by the Service Provider the contract was renewed on January 1, 2016, and ~~taxable~~both ~~income~~parties ~~are~~agreed ~~recognized~~the management fee would be reduced to $1,996 per month as ~~deferred~~compared ~~tax~~to ~~assets~~$6,350 ~~and~~per ~~liabilities~~month during the nine month period ended September 30, 2015.

InGeneral assessing the realizability of deferred tax assets, management considers whether it is more likely than not that some portion or all of the deferred tax assets will not be realized. The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income during the periods in which those temporary differences become deductible. Management considers the scheduled reversal of deferred tax liabilities, projected future taxable income and ~~tax~~Administrative ~~planning~~Expenses ~~strategies in making this assessment.~~

AFor ~~valuation~~the ~~allowance~~nine ~~has~~month ~~been~~period ~~applied~~ended ~~due~~September 30, 2016 and September 30, 2015, general and administrative expenses were $23,767 and $19,706, respectively, which consist of those expenses related to the ~~uncertainty~~current operations of ~~realization~~the Company. The increase in expenses between the two periods related to an increase in our costs to file our periodic reports via EDGAR, and our increase in auditor fees.

AsNet ofIncome ~~June~~(Loss) 30, 2016 and June 30, 2015, the Company has net operating losses from operations. The carry forwards expire through the year 2023. The Company's net operating loss carry forward may be subject to annual limitations, which could reduce or defer the utilization of the losses as a result of an ownership change as defined in Section 382 of the Internal Revenue Code. A valuation allowance has been applied due to the uncertainty of realization.

10As ~~Table~~a result of ~~Contents~~the factors described above, there was a net loss of ($49,085) and ($57,436) for the nine month period ended September 30, 2016 and 2015, respectively.

~~NOTE~~Results 6.of ~~COMMITMENTS~~Operations ~~AND~~for ~~CONTINGENCIES~~the Three Month Period Ended September 30, 2016 and 2015.

Related Party

	Three Months Ended September 30,
	2016			2015			% Change
Revenue	$	-						0	%
General and Administrative Expense – Related Party		5,989			3,921			53	%
General and Administrative Expense		7,120			6,391		(12		%)
Loss from Operations		(13,109	)		(10,312	)		28	%
Other Income and (Expense)
Interest Expense – Related Party		2,468			(2,469	)		2	%
Net Loss	$	(15,577	)		(12,781	)		-22	%

~~The~~Revenue ~~controlling~~from ~~shareholders~~Operations have pledged support to fund continuing operations, as necessary. From time to time, the Company is dependent upon the continued support of these parties, through temporary advances or through arrangements of their personal credit. However, there is no written commitment to this effect.

~~Commencing~~For ~~January~~the 1,three ~~2016,~~month ~~the~~period ~~company~~ended ~~renewed~~September ~~the~~30, ~~one~~2016 ~~year~~and ~~agreement~~September ~~with~~30, AF2015, ~~Ocean~~total ~~Investment~~revenue ~~Management~~was ~~Company~~$0 toas ~~provide~~we ~~management~~have ~~services~~not tocommenced ~~the~~revenue ~~Company.~~generating ~~The~~operations ~~Company~~following ~~pays~~the AFdiscontinuance ~~Ocean~~of ~~Investment~~our ~~Management~~Florida ~~Company~~wall ~~$1,996~~bed ~~per~~operation ~~month~~in May 2013.

~~The~~11 ~~amounts~~Table ~~and terms~~ of ~~the above transactions may not necessarily be indicative of the amounts and terms that would have been incurred had comparable transactions been entered into with independent third parties.~~Contents

~~The~~General ~~Company~~and ~~does~~Administrative ~~not~~Expenses– ~~have~~Related ~~employment contracts with its key employees, including the officers of the Company.~~Party

~~Leases~~For ~~And~~the ~~Facility~~three month period ended September 30, 2016 and September 30, 2015, related party operating expenses were $5,989 and $3,921, respectively. The increase in expenses between the two periods is directly related to the increase in auditor costs.

~~Our~~General ~~office is located at 3904 US Hwy 301 N Ellenton, FL 34222. The office space is rented by the Service Provider,~~ and ~~the~~Administrative ~~Company~~Expenses pays a monthly management fee to them for services provided which includes the company's rent. We share the office with the Service Provider and ChinAmerica Andy Movie Entertainment Media Co. The service provider pays rent in the amount of $400 per month.

~~Legal~~For ~~Matters~~the three month period ended September 30, 2016 and September 30, 2015, general and administrative expenses were $7,120 and $6,391, respectively, which consist of those expenses related to the current operations of the Company.

~~From~~Net ~~time~~Income to(Loss) time the Company may become a party to litigation matters involving claims against the Company. Management believes that there are no current matters that would have a material effect on the Company's financial position or results of operations.

~~NOTE~~As 7.a ~~STOCKHOLDERS'~~result ~~EQUITY~~of the factors described above, there was a net loss of ($15,577) and ($12,781) for the three month period ended September 30, 2016 and 2015, respectively.

~~Common~~Liquidity ~~Stock~~and Capital Resources

~~The Company is authorized to issue 5,000,000,000 share of common stock with a par value of $0~~General.~~01.~~

NoAt ~~shares~~September ~~were~~30, ~~issued~~2016, we had cash and cash equivalents of $28,769. We have historically met our cash needs through cash flows from operating activities. However, since the discontinuation of our Florida wall bed operation the controlling shareholders have pledged to continue their support to fund the continuing operations, as necessary. Our cash requirements are generally for general and administrative activities. We have raised capital through officer loans during the ~~six~~previous ~~month~~fiscal ~~period~~year. ~~ended~~We ~~June~~believe 30that our cash balance is not sufficient to finance our cash requirements for expected operational activities, ~~2016~~capital improvements and therefore we will require additional funding through officer loans.

~~There~~In ~~were~~the 30event we are unable to generate sufficient funds to continue our business efforts or if we are pursued by a larger company for a business combination,~~755~~ we will analyze all strategies to continue the Company and maintain or increase shareholder value. Under these circumstances,~~000~~ ~~shares~~we would consider a merger, acquisition, joint venture, strategic alliance, a roll-up, or other business combination for the purposes of ~~common~~continuing ~~stock~~the ~~issued~~business and ~~outstanding~~maintaining asor increasing shareholder value. Management believes its responsibility to maintain shareholder value is of ~~June~~paramount 30importance, ~~2016~~which means we should consider the aforementioned alternatives in the event funding is not available on favorable terms to us when needed.

~~Stock~~Operating ~~Options and Warrants~~ activities

~~The~~Our ~~Company~~continuing ~~had~~operating noactivities ~~options~~used orcash ~~warrants~~of ~~issued~~($39,612) orand ~~outstanding~~$57,498 ~~during~~for the ~~six~~nine month period ended ~~June~~September 30, 2016 and 2015, respectively.

~~NOTE~~Investing ~~8. SUBSEQUENT EVENTS~~Activities

~~The~~We ~~Company~~neither ~~has~~generated ~~evaluated~~nor ~~subsequent~~used ~~events~~funds ~~through~~in ~~the~~continuing ~~date~~investing ~~the~~activities ~~financial~~during ~~statements were issued to assess~~ the ~~need~~nine ~~for~~month ~~potential~~period ~~recognition~~ended ormonth ~~disclosure~~period ofended ~~this~~September ~~report~~30, ~~noting~~2016 ~~none~~or 2015.

11Financing ~~Table of Contents~~activities

~~ITEM~~Cash 2provided in our financing activities was $0 for the nine month period ended September 30, 2016, compared to cash provided of $110,000 during the comparable period in 2015. ~~MANAGEMENT'S~~During ~~DISCUSSION~~the ~~AND~~nine ~~ANALYSIS~~month OFperiod ~~FINANCIAL~~ended ~~CONDITION~~September ~~AND~~30, ~~RESULTS~~2015, OFthe ~~OPERATIONS~~majority shareholder loaned the company $110,000, that has since been repaid.

~~The~~ 12 Table ~~following discussion and analysis~~ of financial condition and results of operations should be read in conjunction with our financial statements and related notes included elsewhere in this report. This discussion contains forward-looking statements that involve risks, uncertainties and assumptions. See "Cautionary Note Regarding Forward-Looking Statements." Our actual results could differ materially from those anticipated in the forward-looking statements as a result of certain factors discussed elsewhere in this report.Contents

~~Overview~~Going Concern

~~Sichuan~~The ~~Leaders~~accompanying ~~Petrochemical~~financial ~~Company~~statements ~~("we,"~~have ~~"us,"~~been ~~"our"~~prepared oron ~~the~~a ~~"Company")~~going ~~was~~concern ~~incorporated~~basis, inwhich contemplates the ~~State~~realization of ~~Florida~~assets onand ~~June~~the ~~29,~~satisfaction ~~2000~~of ~~under~~liabilities in the ~~name~~normal ~~Quality~~course ~~Wallbeds,~~of ~~Inc~~business. InWe ~~December~~had ~~2012,~~no weongoing ~~changed~~business ~~our~~or ~~name~~other insource ~~anticipation~~of income and incurred a net loss of ~~new~~($49,085) ~~business~~for ~~opportunities.~~the ~~From~~nine ~~our~~month ~~inception~~period ~~through~~ended ~~May~~September ~~2013~~30, we2016. ~~provided~~Due ~~quality~~to ~~space~~the ~~saving~~Company’s ~~custom~~limited ~~home~~liquid ~~furniture~~resources, recurring losses from operations and ~~closet~~the ~~organizing~~Company’s ~~systems~~need to raise additional capital, all raise substantial doubt about the ~~general~~Company’s ~~public.~~ability Weto ~~discontinued~~continue ~~our~~as ~~wall~~a ~~bed~~going ~~operations~~concern onfor ~~May~~a ~~21,~~reasonable ~~2013~~period of time.

We are ~~exploring~~currently ~~various~~evaluating ~~opportunities,~~acquisitions ~~including~~and ~~the~~other ~~petrochemical field, to determine our best strategic~~ business ~~direction~~opportunities. ~~Since~~The ~~the~~ability ~~change~~to incontinue ~~the~~as ~~business model, current management has seen~~ a ~~direct~~going ~~impact~~concern onis ~~our~~dependent ~~revenues.~~upon ~~Future~~us ~~cash~~generating ~~flows,~~profitable ~~if any, are impossible to predict at this time. We may raise cash from sources other than our~~ operations. ~~Our only other source for cash at this time is investments by others~~ in the ~~Company~~future and/or ~~our~~obtaining ~~sole~~the ~~director~~necessary ~~and~~financing ~~executive~~to ~~officer,~~meet ~~Andy~~our Z.obligations ~~Fan.~~and ~~Any~~repay ~~change~~our inliabilities ~~our~~arising ~~strategic~~from normal business ~~direction~~operations ~~may~~when ~~take~~they ~~years~~come todue. ~~complete~~No ~~and~~assurance ~~future~~can ~~cash~~be ~~flows,~~given ifthat ~~any,~~we ~~are~~will ~~impossible~~be tosuccessful ~~predict~~in atthese ~~this time~~efforts.

~~Results~~Inflation ~~of Operations~~

~~The~~Inflation ~~following~~does ~~tables~~not ~~provide~~materially aaffect ~~comparison~~our ofbusiness aor ~~summary~~the ~~of our~~ results of our operations. ~~for the six and three month period ended June 30, 2016 and 2015~~

~~Results~~Off-Balance ofSheet ~~Operations~~Arrangements ~~for the Six Month Period Ended June 30, 2016 and 2015.~~

	Six Months Ended June 30,
	2016			2015			% Change
Revenue	$	-						0	%
General and Administrative Expense – Related Party		11,979			28,014			58	%
General and Administrative Expense		16,647			13,315			25	%
Loss from Operations		(28,626	)		(41,329	)		31	%
Other Income and (Expense)
Interest Expense – Related Party		(4,882	)		(3,326	)		47	%
Net Loss	$	(33,508	)		(44,655	)		25	%

We do not have any off-balance sheet arrangements.

12Critical ~~Table~~Accounting ~~of Contents~~Policies

~~Revenue~~We prepare our financial statements in accordance with generally accepted accounting principles of the United States (“GAAP”). GAAP represents a comprehensive set of accounting and disclosure rules and requirements. The preparation of our financial statements requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the 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. Our actual results could differ from ~~Operations~~those estimates. We use historical data to assist in the forecast of our future results. Deviations from our projections are addressed when our financials are reviewed on a monthly basis. This allows us to be proactive in our approach to managing our business. It also allows us to rely on proven data rather than having to make assumptions regarding our estimates.

~~For~~Recent ~~the~~Accounting ~~six~~Pronouncements month period ended June 30, 2016 and June 30, 2015, total revenue was $0 as we have not commenced revenue generating operations following the discontinuance of our Florida wall bed operation in May 2013.

~~General~~We have reviewed all the recently issued, but not yet effective, accounting pronouncements and ~~Administrative~~we ~~Expenses–~~do ~~Related~~not ~~Party~~believe any of these pronouncements will have a material impact on the Company financial statements.

For the six month period ended June 30, 2016 and June 30, 2015, related party operating expenses were $11,979 and $28,014, respectively. The decrease in expenses between the two periods is directly related to the reduction of management fees paid to the Service Provider. Due to the nominal work load needed by the Service Provider the contract was renewed on January 1, 2016, and both parties agreed the management fee would be reduced to $1,996 per month as compared to $6,350 per month during the six month period ended June 30, 2015.

General and Administrative Expenses

For the six month period ended June 30, 2016 and June 30, 2015, general and administrative expenses were $16,647 and $13,315, respectively, which consist of those expenses related to the current operations of the Company. The increase in expenses between the two periods related to an increase in our costs to file our periodic reports via EDGAR, and our increase in auditor fees.

Net Income (Loss)

As a result of the factors described above, there was a net loss of ($33,508) and ($44,655) for the six month period ended June 30, 2016 and 2015, respectively.

Results of Operations for the Three Month Period Ended June 30, 2016 and 2015.

	Three Months Ended June 30,
	2016			2015			% Change
Revenue	$	-						0	%
General and Administrative Expense – Related Party		5,989			8,964			33	%
General and Administrative Expense		3,587			4,904		(27%)
Loss from Operations		(9,576	)		(13,868	)		31	%
Other Income and (Expense)
Interest Expense – Related Party		2,441			2,416		(1%)
Net Loss	$	(12,017	)		(16,284	)		26	%

Revenue from Operations

For the three month period ended June 30, 2016 and June 30, 2015, total revenue was $0 as we have not commenced revenue generating operations following the discontinuance of our Florida wall bed operation in May 2013.

13 Table of Contents

General and Administrative Expenses– Related Party

For the three month period ended June 30, 2016 and June 30, 2015, related party operating expenses were $5,989 and $8,964, respectively. The decrease in expenses between the two periods is directly related to the reduction of management fees paid to the Service Provider.

General and Administrative Expenses

For the three month period ended June 30, 2016 and June 30, 2015, general and administrative expenses were $3,587 and $4,904, respectively, which consist of those expenses related to the current operations of the Company.

Net Income (Loss)

As a result of the factors described above, there was a net loss of ($12,017) and ($16,284) for the three month period ended June 30, 2016 and 2015, respectively.

Liquidity and Capital Resources

General.

At June 30, 2016, we had cash and cash equivalents of $43,513. We have historically met our cash needs through cash flows from operating activities. However, since the discontinuation of our Florida wall bed operation the controlling shareholders have pledged to continue their support to fund the continuing operations, as necessary. Our cash requirements are generally for general and administrative activities. We have raised capital through officer loans during the current previous fiscal year. We believe that our cash balance is not sufficient to finance our cash requirements for expected operational activities, capital improvements and therefore we will require additional funding through officer loans.

In the event we are unable to generate sufficient funds to continue our business efforts or if we are pursued by a larger company for a business combination, we will analyze all strategies to continue the Company and maintain or increase shareholder value. Under these circumstances, we would consider a merger, acquisition, joint venture, strategic alliance, a roll-up, or other business combination for the purposes of continuing the business and maintaining or increasing shareholder value. Management believes its responsibility to maintain shareholder value is of paramount importance, which means we should consider the aforementioned alternatives in the event funding is not available on favorable terms to us when needed.

Operating activities

Our continuing operating activities used cash of ($24,868) and of ($49,152) for the six month period ended June 30, 2016 and 2015, respectively.

Investing Activities

We neither generated nor used funds in continuing investing activities during the six month period ended month period ended June 30, 2016 or 2015.

Financing activities

Cash provided in our financing activities was $0 for the six month period ended June 30, 2016, compared to cash provided of $110,000 during the comparable period in 2015. During the six month period ended June 30, 2015, the majority shareholder loaned the company $110,000.

14 Table of Contents

Going Concern

The accompanying financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. We had no ongoing business or other source of income and incurred a net loss of ($33,508) for the six month period ended June 30, 2016. These factors raise substantial doubt about our ability to continue as a going concern for a reasonable period of time.

We are currently evaluating acquisitions and other business opportunities. The ability to continue as a going concern is dependent upon us generating profitable operations in the future and/or obtaining the necessary financing to meet our obligations and repay our liabilities arising from normal business operations when they come due. No assurance can be given that we will be successful in these efforts.

Income Taxes

We account for income taxes under the asset and liability method, which requires the recognition of deferred tax assets and liabilities for the expected future tax consequences of events that have been included in the financial statements. Under this method, deferred tax assets and liabilities are determined based on temporary differences between the financial statements and tax basis of assets and liabilities using enacted tax rates in effect for the year in which the differences are expected to reverse. The effect of a change in tax rates on deferred tax assets and liabilities is recognized in income in the period that includes the enactment date.

We record net deferred tax assets to the extent we believe these assets will more likely than not be realized. In making such determination, we consider all available positive and negative evidence, including future reversals of existing taxable temporary differences, projected future taxable income, tax planning strategies and recent financial operations. In the event we were to determine that we would be able to realize our deferred income tax assets in the future in excess of their net recorded amount, we would make an adjustment to the valuation allowance, which would reduce the provision for income taxes.

Inflation

Inflation does not materially affect our business or the results of our operations.

Off-Balance Sheet Arrangements

We do not have any off-balance sheet arrangements.

Critical Accounting Policies

15 Table of Contents

Recent Accounting Pronouncements

We have reviewed all the recently issued, but not yet effective, accounting pronouncements and we do not believe any of these pronouncements will have a material impact on the Company financial statements.

ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

We are a "“smaller reporting company"” as defined by Item 10(f)(1) of Regulation S-K, and as such are not required to provide the information contained in this item pursuant to Item 305 of Regulation S-K.

~~ITEM~~13 4.Table ~~CONTROLS~~of ~~AND PROCEDURES~~Contents

~~Disclosure~~ITEM ~~Controls~~4. ~~and~~CONTROLS ~~Procedures.~~AND PROCEDURES

~~The~~Disclosure ~~management~~Controls ~~of the Company is responsible for establishing~~ and ~~maintaining adequate internal control over financial reporting~~Procedures. The Company's internal control over financial reporting is a process designed under the supervision of the Company's Chief Executive Officer and Chief Financial Officer to provide reasonable assurance regarding the reliability of financial reporting and the preparation of the Company's financial statements for external purposes in accordance with U.S. generally accepted accounting principles.

~~With~~The ~~respect~~management toof the ~~period~~Company ~~ending~~is ~~June~~responsible ~~30,~~for ~~2016,~~establishing ~~under~~and ~~the~~maintaining ~~supervision~~adequate ~~and~~internal ~~with~~control ~~the~~over ~~participation~~financial ofreporting. ~~our~~The ~~management,~~Company’s weinternal ~~conducted~~control anover ~~evaluation~~financial ofreporting is a process designed under the ~~effectiveness~~supervision of the ~~design~~Company’s Chief Executive Officer and ~~operations~~Chief ofFinancial ~~our~~Officer ~~disclosure~~to ~~controls~~provide ~~and~~reasonable ~~procedures,~~assurance asregarding ~~defined~~the inreliability ~~Rules~~of ~~13a-15(e)~~financial reporting and ~~15d-15(e)~~the ~~promulgated~~preparation ~~under~~of the ~~Securities~~Company’s ~~Exchange~~financial ~~Act~~statements offor ~~1934~~external purposes in accordance with U.S. generally accepted accounting principles.

~~Based~~With ~~upon~~respect ~~our~~to ~~evaluation regarding~~ the period ending ~~June~~September 30, 2016, under the ~~Company's~~supervision ~~management, including its Principal Executive Officer, has concluded that its disclosure controls~~ and ~~procedures~~with ~~were not effective due to~~ the ~~Company's~~participation ~~limited internal resources and lack~~ of ~~ability~~our tomanagement, ~~have~~we ~~multiple~~conducted ~~levels of transaction review. Material weaknesses noted are lack of~~ an ~~audit~~evaluation ~~committee, lack~~ of ~~a majority of outside directors on~~ the ~~board~~effectiveness of ~~directors, resulting in ineffective oversight in~~ the ~~establishment~~design and ~~monitoring~~operations of ~~required~~our ~~internal~~disclosure controls and procedures;, ~~and~~as ~~management~~defined isin ~~dominated~~Rules by13a-15(e) ~~two~~and ~~individuals,~~15d-15(e) ~~without~~promulgated ~~adequate~~under ~~compensating controls. However, management believes~~ the ~~financial~~Securities ~~statements~~Exchange ~~and~~Act ~~other~~of ~~information presented herewith are materially correct~~1934.

~~The~~Based ~~Company's~~upon ~~disclosure~~our ~~controls~~evaluation ~~and~~regarding ~~procedures~~the ~~are~~period ~~designed~~ending toSeptember ~~provide~~30, ~~reasonable assurance of achieving their objectives. However~~2016, the Company'’s management, including its Principal Executive Officer, ~~does~~has ~~not~~concluded ~~expect~~ that its disclosure controls and procedures ~~will~~were ~~prevent~~not ~~all~~effective ~~error~~due ~~and~~to ~~all~~the ~~fraud.~~Company’s Alimited ~~control~~internal ~~system,~~resources noand ~~matter~~lack ~~how~~of ~~well~~ability ~~conceived~~to ~~and~~have ~~operated,~~multiple ~~can~~levels ~~provide~~of ~~only~~transaction ~~reasonable,~~review. ~~not~~Material ~~absolute,~~weaknesses ~~assurance~~noted ~~that~~are ~~the~~lack ~~objectives~~ of ~~the~~an ~~control~~audit ~~system are met. Further~~committee, ~~the~~lack ~~design~~ of a ~~control~~majority ~~system~~of ~~must~~outside ~~reflect~~directors on the ~~fact~~board ~~that~~of ~~there are resource constraints~~directors, ~~and~~resulting ~~the~~in ~~benefit~~ineffective ofoversight ~~controls~~in ~~must~~the beestablishment ~~considered~~and ~~relative~~monitoring toof ~~their~~required ~~costs.~~internal ~~Because~~controls ofand ~~the~~procedures; ~~inherent~~and ~~limitations~~management inis ~~all~~dominated ~~control~~by ~~systems~~two individuals, nowithout ~~evaluation~~adequate ofcompensating controls. ~~can~~However, ~~provide~~management ~~absolute~~believes ~~assurance~~the ~~that~~financial ~~all~~statements ~~control issues~~ and ~~instances~~other ofinformation ~~fraud,~~presented ifherewith ~~any,~~are ~~within~~materially ~~the Company have been detected~~correct.

16The ~~Table~~Company’s disclosure controls and procedures are designed to provide reasonable assurance of ~~Contents~~achieving their objectives. However, the Company’s management, including its Principal Executive Officer, does not expect that its disclosure controls and procedures will prevent all error and all fraud. A control system, no matter how well conceived and operated, can provide only reasonable, not absolute, assurance that the objectives of the control system are met. Further, the design of a control system must reflect the fact that there are resource constraints, and the benefit of controls must be considered relative to their costs. Because of the inherent limitations in all control systems, no evaluation of controls can provide absolute assurance that all control issues and instances of fraud, if any, within the Company have been detected.

~~PART~~14 IITable –of ~~OTHER INFORMATION~~Contents

~~ITEM~~PART 1.II ~~LEGAL~~– ~~PROCEEDINGS~~OTHER INFORMATION

WeITEM ~~were~~1. ~~not~~LEGAL ~~subject to any legal proceedings during the six months ended June 30, 2016, nor to the best of our knowledge and belief are any threatened or pending.~~PROCEEDINGS

~~ITEM~~We 2.were ~~UNREGISTERED~~not ~~SALES~~subject OFto ~~EQUITY~~any ~~SECURITIES~~legal ~~AND~~proceedings ~~USE~~during OFthe ~~PROCEEDS~~nine months ended September 30, 2016, nor to the best of our knowledge and belief are any threatened or pending.

WeITEM ~~did~~2. ~~not~~UNREGISTERED ~~sell~~SALES ~~any~~OF ~~unregistered~~EQUITY ~~equity~~SECURITIES ~~securities~~AND ~~during~~USE ~~the~~OF ~~six months ended June 30, 2016.~~PROCEEDS

We did not sell any unregistered equity securities during the nine months ended September 30, 2016.

ITEM 3. DEFAULTS UPON SENIOR SECURITIES

No senior securities were issued and outstanding during the ~~six~~nine months ended ~~June~~September 30, 2016.

ITEM 4. MINE SAFETY DISCLOSURES

Not applicable to our Company.

ITEM 5. OTHER INFORMATION

None.

1715 Table of Contents

ITEM 6. EXHIBITS

Exhibit No.		Description
3.1		Amended and Restated Articles of Incorporation *
3.2		Articles of Amendment to Articles of Incorporation **
3.3		By-Laws *
10.1		Management Services Agreement between Sichuan Leaders Petrochemical Company and AF Ocean Investment Management Company, effective as of June 1, 2015 ***
31		Certification of Principal Executive Officer and Principal Financial Officer filed pursuant to Exchange Act Rules 13a-14(a) and 15d-14(a), as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 Filed herewith
32		Certification of Chief Executive Officer and Chief Financial Officer furnished pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 Filed herewith
101		Financial statements from the quarterly report on Form 10-Q of Sichuan Leaders Petrochemical Company for the fiscal quarter ended ~~June~~September 30, 2016, formatted in XBRL: (i) the Balance Sheet; (ii) the Statement of Income; (iii) the Statement of Cash Flows; and (iv) the Notes to the Financial Statements Filed herewith

~~_____________~~ __________

* Incorporated herein by reference to Sichuan Leaders Petrochemical Company'’s Registration Statement on Form S-1 filed with the SEC on August 7, 2012.** Incorporated herein by reference to Sichuan Leaders Petrochemical Company's Current Report on Form 8- K filed with the SEC on December 21, 2012.*** Incorporated herein by reference to Sichuan Leaders Petrochemical Company's Annual Report on Form 10-K filed with the SEC on March 1, 2016.

18** ~~Table~~Incorporated ofherein ~~Contents~~by reference to Sichuan Leaders Petrochemical Company’s Current Report on Form 8- K filed with the SEC on December 21, 2012.

*** Incorporated herein by reference to Sichuan Leaders Petrochemical Company’s Annual Report on Form 10-K filed with the SEC on March 1, 2016.

Table of Contents

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.

	SICHUAN LEADERS PETROCHEMICAL COMPANY
Dated: July 22, 2016	By:	/s/ Andy Z. Fan
Dated June 13, 2017	By:	/s/ Andy Z. Fan
		Andy Z. Fan
		Principal Executive Officer

1917

Filing Compare · Horrison Resources Inc.