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

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                                    FORM 12b-25                                        SEC File Number: 000-26169
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                            NOTIFICATION OF LATE FILING                                Cusip Number: 169464 10 4
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(Check one)   Form 10-K [X ]   Form 20-F [ ]   Form 11-K [  ]  Form 10-Q [  ]   Form N-SAR [  ] Form N-CSR [  ]


         For Period Ended: December  31, 2003
                                    ---------
         [  ]     Transition Report on Form 10-K
         [  ]     Transition Report on Form 20-F
         [  ]     Transition Report on Form 11-K
         [  ]     Transition Report on Form 10-Q
         [  ]     Transition Report on Form N-SAR
         For the Transition Period Ended:________________________

Nothing in this form shall be construed to imply that the Commission has
verified any information contained herein.

If the notification relates to a portion of the filing checked above, identify
the Item(s) to which the notification relates:

PART I - REGISTRANT INFORMATION

                                    Chinawe.com Inc.
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Full Name of Registrant

                                    NEO MODERN ENTERTAINMENT CORP.
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Former Name if Applicable

                                    c/o Hartman & Craven LLP, 488 Madison Avenue
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Address of Principal Executive Office (Street and Number)

                                    New York, New York 10022
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City, State and Zip Code

PART II - RULES 12b-25(b) AND (c)

If the subject report could not be filed without unreasonable effort or expense
and the registrant seeks relief pursuant to Rule 12b-25(b), the following should
be completed. (Check box if appropriate)

         (a)      The reasons described in reasonable detail in Part III of this
                  form could not be eliminated without unreasonable effort or
                  expense;
    [X]  (b)      The subject annual report, semi-annual report, transition
                  report on Form 10-K, Form 20-F, 11-K, Form N-SAR or Form
                  N-CSR, or portion thereof, will be filed on or before the
                  fifteenth calendar day following the prescribed due date; or
                  the subject quarterly report or transition report on Form
                  10-Q, or portion thereof, will be filed on or before the fifth
                  calendar day following the prescribed due date; and
         (c)      The accountant's statement or other exhibit required by Rule
                  12b-25(c) has been attached if applicable.





PART III - NARRATIVE

State below in reasonable detail the reasons why Forms 10-K, 20-F, 11-K, 10-Q,
N-SAR, N-CSR, or the transition report or portion thereof, could not be filed
within the prescribed time period.

The Registrant replaced its auditors on March 7, 2003. Accordingly, the
Registrant will need additional time for its new auditors to complete its review
of the first 10-K to be filed after such change.

                         (Attach Extra Sheets if Needed)

PART IV - OTHER INFORMATION

(1)      Name and telephone number of person to contact in regard to this
         notification

          Joel I. Frank                (212)                      836-4920
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         Name                         (Area Code)            (Telephone Number)

(2)               Have all other periodic reports required under Section 13 or
                  15(d) of the Securities Exchange Act of 1934 or Section 30 of
                  the Investment Company Act of 1940 during the preceding 12
                  months or for such shorter period that the registrant was
                  required to file such report(s) been filed? If answer is no,
                  identify report(s).                            [X] Yes [ ] No

(3)               It is anticipated that any significant change in results of
                  operations from the corresponding period for the last fiscal
                  year will be reflected by the earning statements to be
                  included in the subject report or portion thereof?
                                                                 [ ] Yes [X] No

                  If so, attach an explanation of the anticipated change, both
                  narratively and quantitatively, and, if appropriate, state the
                  reasons why a reasonable estimate of the results cannot be
                  made.

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                                Chinawe.com Inc.
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                formerly known as NEO MODERN ENTERTAINMENT CORP.
                  (Name of Registrant as Specified in Charter)

has caused this notification to be signed on its behalf by the undersigned
hereunto duly authorized.

Date: March 29, 2004                          By: /s/ Man Ying Ken Wai
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                                                    Man Ying Ken Wai
                                                    Vice President

INSTRUCTION: The form may be signed by an executive officer of the registrant or
by any other duly authorized representative. The name and title of the person
signing the form shall be typed or printed beneath the signature. If the
statement is signed on behalf of the registrant by an authorized representative
(other than an executive officer), evidence of the representative's authority to
sign on behalf of the registrant shall be filed with the form.

                                    ATTENTION
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            Intentional misstatements or omissions of fact constitute
               Federal Criminal Violations (See 18 U.S.C. 1001).
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