CHIA RESO UT Stock

China Resources Development Inc. is a development-stage company. The Company was incorporated for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or other similar business combination or contractual arrangement, with one or more businesses or entities (target business). The Company focuses on businesses located in or serving the People's Republic of China that are engaged primarily in the basic minerals mining and related industries. As of January 14, 2011, the Company focuses on structuring a business combination to acquire 100% of the equity interests or assets of the target business or businesses. As of June 30, 2011, it was not engaged in any operations nor generated revenue.