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                                                           SEC FILE NUMBER
                                                             000 50550
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                                                            CUSIP NUMBER

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

                                   FORM 12b-25

                           NOTIFICATION OF LATE FILING

(Check One):    |_| Form 10-K   |_| Form 20-F  |_|Form 11-K  |X| Form 10-Q
                |_| Form N-SAR  |_| Form N-CSR

                        For Period Ended: June 30, 2006

                        |_| 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:_____________________

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  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

Great Wall Acquisition Corporation
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Former Name if Applicable

N/A
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Address of Principal Executive Office (Street and Number)

660 Madison Avenue, 15th Floor
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City, State and Zip Code
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New York, NY 10021

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                                     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;

            (b)   The subject  annual  report,  semi-annual  report,  transition
                  report on Form  10-K,  Form  20-F,  11-K,  Form  N-SAR or From
|X|               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 of  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 quarterly report of Great Wall Acquisition  Corporation on Form 10-QSB could
not be filed within the  prescribed  time period because the company has a small
accounting  staff and the financial  statements were not completed in sufficient
time to solicit and obtain the necessary  review of the quarterly report on Form
10-QSB and  signatures  thereto in a timely fashion prior to the due date of the
report.

                                     PART IV
                                OTHER INFORMATION

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

      Mitchell S. Nussbaum, Esq.           212                407-4000
      --------------------------       -----------       -----------------
               (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  reports)  been filed?  If
      answer is no, identify report(s).                           |X| Yes |_| No

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(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.

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

                       Great Wall Acquisition 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: August 14, 2006                   By: /s/Kin Shing Li
                                            ------------------------------------
                                            Name:  Kin Shing Li
                                            Title: Chairman of the Board and
                                                   Chief Executive Officer

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).
- --------------------------------------------------------------------------------


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                              GENERAL INSTRUCTIONS

1.    This form is required by Rule  12b-25 (17 CFR  240.12b-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  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 notifications 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.


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