U.S. SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   FORM 12b-25

                           NOTIFICATION OF LATE FILING

                         Commission File Number 0-30430

(Check One):
[ ] Form 10-K and Form 10-KSB [ ] Form 11-K [ ] Form 20-F [X] Form 10-Q and Form
10-QSB [ ] Form N-SAR

         For Period Ended:  March 31, 2001
                           ----------------

[ ]  Transition Report on Form 10-K and Form 10-KSB
[ ]  Transition Report on Form 20-F
[ ]  Transition Report on Form 11-K
[ ]  Transition Report on Form 10-Q and Form 10-QSB
[ ]  Transition Report on Form N-SAR

     For the Transition Period Ended:
                                     -------------------------

     Read Attached  Instruction  Sheet Before  Preparing  Form.  Please Print or
Type.

     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:
                                                       -------------------------
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                                     PART I
                             REGISTRANT INFORMATION
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Full Name of Registrant       Intermost Corporation
                              --------------------------------------------------

Former Name if Applicable
                              --------------------------------------------------

Address of Principal Executive
 Offices (Street and Number)  43rd Floor, 3005 Renmin Road South, Shenfang Plaza
                              --------------------------------------------------

City, State and Zip Code      Shenzhen, China 518005
                              --------------------------------------------------

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                                     PART II
                             RULE 12b-25(b) AND (c)
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         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 appropriate box)

/X/      (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,  10-KSB,  20-F,  11-K or Form  N-SAR,  or
                  portion  thereof will be filed on or before the 15th  calendar
                  day  following  the   prescribed  due  date;  or  the  subject
                  quarterly report or transition report on Form 10-Q, 10-QSB, 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.


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                                    PART III
                                    NARRATIVE
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         State below in  reasonable  detail the reasons why Forms 10-K,  10-KSB,
11-K. 20-F,  10-Q,  10-QSB,  N-SAR, or the transition  report or portion thereof
could not be filed within the  prescribed  time period.  (Attach extra sheets if
needed.)

         The  registrant  has  experienced  delays in  completing  its financial
         statements  for  the  quarter  ended  March  31,  2001 as a  result  of
         extraordinary  demands on  management's  time and resources  associated
         with transition of the  registrant's  business and efforts  relating to
         certain  acquisition  and  financing  transactions.  As a  result,  the
         registrant  is unable to file its Form 10-Q for the quarter ended March
         31, 2001 by the prescribed due date.

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                                     PART IV
                                OTHER INFORMATION
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(1)  Name  and  telephone  number  of  person  to  contact  in  regard  to  this
     notification

           Hank Vanderkam             713                    547-8900
         -------------------        --------          -------------------------
               (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 the answer is
     no, identify report(s).

                                                                [X] Yes  [  ] No

(3)  Is it anticipated that any significant change in results of operations from
     the corresponding  period for the last fiscal year will be reflected by the
     earnings  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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                              INTERMOST CORPORATION
                   ------------------------------------------
                  (Name of Registrant as specified in charter)

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

Date   May 15, 2001            By  /s/ Jun Liang
                                  ----------------------------------------------
                                       Jun Liang, 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

     Intentional  misstatements or omissions of fact constitute Federal criminal
violations (see 18 U.S.C. 1001).

                              GENERAL INSTRUCTIONS

1.   This form is required by Rule 12b-25 of the General  Rules and  Regulations
     under the Securities Exchange Act of 1934.
2.   One signed  original and four conformed  copies of this form and amendments
     thereto  must be  completed  and filed  with the  Securities  and  Exchange
     Commission,  Washington,  D.C.  20549,  in accordance  with Rule 0-3 of the
     General Rules and Regulations  under the Act. The information  contained in
     or filed  with the Form will be made a matter of the  public  record in the
     Commission files.
3.   A manually  signed copy of the form and  amendments  thereto shall be filed
     with each national  securities exchange on which any class of securities of
     the registrant is registered.
4.   Amendments to the  notification  must also be filed on Form 12b-25 but need
     not restate information that has been correctly  furnished.  The form shall
     be clearly identified as an amended notification.