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

                                   FORM 12b-25

                           NOTIFICATION OF LATE FILING

Commission File Number: 000-27917

|_| Form 10-K      |_| Form 11-K          |_| Form 20-F         |X| Form 10-Q
|_| Form N-SAR     |_| Form N-CSR

For Period Ended: June 30, 2009

|_| Transition Report on Form 10-K      |_| Transition Report on Form 10-Q
|_| Transition Report on Form 20-F      |_| 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


Full name of registrant:                    China Crescent Enterprises, Inc.
Former name if applicable:                  NewMarket China, Inc.
Address of principal executive office:      14860 Montfort Drive
City, state and zip code:                   Dallas, Texas 75254


                                     PART II
                             RULE 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.)

|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, 20-F, 11-K or Form 10-Q, 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, 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 Form 10-K,  20-F,  11-K,
10-Q, 10-D,  N-SAR,  N-CSR or the transition report or portion thereof could not
be filed  within  the  prescribed  time  period.  (Attach  additional  sheets if
needed.)

     The Company  could not  complete the Form 10-Q within the  prescribed  time
because  the  Company's  management  was  unable to  complete  the review of its
consolidated  financial  statements  by August 14, 2009.  The delay could not be
cured without  unreasonable  effort or expense.  The Company represents that the
Form 10-Q will be filed no later  than the 5th day  following  the date on which
the Form 10-Q was due.


                                     PART IV
                                OTHER INFORMATION

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

   Philip J. Rauch                     (214)                    722-3040
   ---------------                     -----                    --------
        (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.


                        China Crescent Enterprises, Inc.
                        --------------------------------
                   Name of Registrant as Specified in Charter.

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


Date: August 14, 2009                   /s/ Philip J. Rauch
                                        -------------------------------------
                                        Name:  Philip J. Rauch
                                        Title: Chief Financial Officer