10-Q/A

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

_______________

FORM 10-Q/A

Amendment No. 1

x     QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended June 30, 2011

o    TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

  For the transition period from ______to______.

JINMIMI NETWORK INC.

 (Exact name of registrant as specified in Charter)

NEVADA	333-156950	20-4281128
(State or other jurisdiction of incorporation or organization)	(Commission File No.)	(IRS Employee Identification No.)

10/F, Chinese Plaza of Tea

Jingtian Road, Futian District

Shenzhen, Guangdong, 518051 P.R. China

 (Address of Principal Executive Offices)

     + 86 (755) 8340-6503

 (Issuer Telephone number)

Indicate by check whether the issuer (1) has filed all reports required to be filed by Section 13 or 15(d) of the Exchange Act during the preceding 12 months (or for such shorter period that the issuer was required to file such reports), and (2)has been subject to such filing requirements for the past 90 days. Yes x      No o

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).Yes o         No o

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer or a smaller reporting company filer.  See definition of “accelerated filer” and “large accelerated filer” in Rule 12b-2 of the Exchange Act (Check one):

Large Accelerated Filer o Accelerated Filer o       Non-Accelerated Filer o Smaller Reporting Company x

Indicate by check mark whether the registrant is a shell company as defined in Rule 12b-2 of the Exchange Act. Yes o         No x

State the number of shares outstanding of each of the issuer’s classes of common equity, as of August 10, 2011:  24,000,000 shares of Common Stock. 

EXPLANATORY NOTE

The sole purpose of this Amendment No. 1 to Jinmimi Network Inc. Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2011, filed with the Securities and Exchange Commission on August 22, 2011 (the “Form 10-Q”), is to furnish Exhibit 101 in accordance with Rule 405 of Regulation S-T. Exhibit 101 to this report provides the consolidated financial statements and related notes from the Form 10-Q formatted in XBRL (eXtensible Business Reporting Language).

No other changes have been made to the Form 10-Q. This Amendment No. 1 to the Form 10-Q speaks as of the original filing date of the Form 10-Q, does not reflect events that may have occurred subsequent to the original filing date and does not modify or update in any way disclosures made in the original Form 10-Q.

Pursuant to Rule 406T of Regulation S-T, the interactive data files on Exhibit 101 hereto are deemed not filed or part of a registration statement or prospectus for purposes of Sections 11 or 12 of the Securities Act of 1933, as amended, are deemed not filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, and otherwise are not subject to liability under those sections.

ITEM 6. EXHIBITS

The following documents are filed as a part of this report or are incorporated by reference to previous filings, if so indicated:

Exhibit	Exhibit Description
31.1*	Certifications pursuant to Rule 13a-14(a) or 15d-14(a) under the Securities Exchange Act of 1934, as amended, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
31.2*	Certifications pursuant to Rule 13a-14(a) or 15d-14(a) under the Securities Exchange Act of 1934, as amended, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
32.1*	Certifications pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
32.2*	Certifications pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
101.INS**	XBRL Instance Document
101.SCH**	XBRL Taxonomy Extension Schema Document
101.CAL**	XBRL Taxonomy Extension Calculation Linkbase Document
101.DEF**	XBRL Taxonomy Extension Definition Linkbase Document
101.LAB**	XBRL Taxonomy Extension Label Linkbase Document
101.PRE**	XBRL Taxonomy Extension Presentation Linkbase Document

*These exhibits were previously filed as exhibits to Jinmimi Network Inc. Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2011, filed with the Securities and Exchange Commission on August 22, 2011.

** Pursuant to Rule 406T of Regulation S-T, these interactive data files are deemed not filed or part of a registration statement or prospectus for purposes of Sections 11 or 12 of the Securities Act of 1933 or Section 18 of the Securities Act of 1934 and otherwise are not subject to liability.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

September 6, 2011

Jinmimi Network Inc.
By:	/s/ Deng Zhang
	Deng Zhang
	President, CEO and Chairman of the Board of Directors

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Consolidated Balance Sheets Parenthetical (USD $)	Jun. 30, 2011	Dec. 31, 2010
Common stock, par value	$ 0.0001	$ 0.0001
Common stock, shares authorized	100,000,000	100,000,000
Common stock, shares issued	24,000,000	24,000,000
Common stock, shares outstanding	24,000,000	24,000,000

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Consolidated Statements of Income and Comprehensive Income (USD $)	3 Months Ended				6 Months Ended				31 Months Ended
	Jun. 30, 2011		Jun. 30, 2010		Jun. 30, 2011		Jun. 30, 2010		Jun. 30, 2011
Net revenues	$ 0		$ 0		$ 0		$ 0		$ 4,785
Cost of net revenues	0		0		0		0		(5,841)
Gross profit	0		0		0		0		(1,056)
Operating expenses:
General and administrative	(10,267)		(30,926)		(24,544)		(71,822)		(291,836)
Operating loss	(10,267)		(30,926)		(24,544)		(71,822)		(292,892)
Net investment loss			(1,104)				(1,104)		0
Net investment income	0		0		0		0		5,287
Other expense	0		0		0		0		(82,113)
Interest income	0		12		0		14		7,875
Loss on deconsolidation	0		0		0		0		(287,483)
Loss before income taxes	(10,267)		(32,018)		(24,544)		(72,912)		(649,326)
Income taxes	0	[1]	0	[1]	0	[1]	0	[1]	0	[1]
Net loss	(10,267)		(32,018)		(24,544)		(72,912)		(649,326)
Foreign currency translation adjustment	180		773		272		980		3,266
Comprehensive loss	$ (10,087)		$ (31,245)		$ (24,272)		$ (71,932)		$ (646,060)
Net loss per share:
-Basic and diluted	$ (0.001)	[2]	$ (0.001)	[2]	$ (0.001)	[2]	$ (0.003)	[2]	$ (0.0274)	[2]
Weighted average number of common stock
-Basic and diluted	24,000,000	[2]	24,000,000	[2]	24,000,000	[2]	24,000,000	[2]	23,795,620	[2]

[1] Note 12

[2] Note 10

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Document and Entity Information	6 Months Ended
	Jun. 30, 2011	Aug. 10, 2011
Document and Entity Information [Abstract]
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Current Reporting Status	Yes
Entity Filer Category	Smaller Reporting Company
Entity Registrant Name	Jinmimi Network Inc
Entity Central Index Key	0001454311
Entity Common Stock, Shares Outstanding		24,000,000
Document Fiscal Year Focus	2011
Document Fiscal Period Focus	Q2
Document Type	10-Q
Document Period End Date	Jun. 30, 2011

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Amount Due To A Director

6 Months Ended

Jun. 30, 2011

Amount Due To Director [Abstract]

Amount Due To Director [Text Block]

5.   AMOUNT DUE FROM A DIRECTOR

Amount due from a director is unsecured, interest-free, and repayable on demand.

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Loss Per Share

6 Months Ended

Jun. 30, 2011

Earnings Per Share, Basic and Diluted, Other Disclosures [Abstract]

Earnings Per Share [Text Block]

10.   LOSS PER SHARE

The calculation of the basic and diluted loss per share attributable to the common stock holders is based on the following data:

	For the six months ended June 30,
	2011			2010
Loss:
Loss for the purpose of basic and
dilutive earnings per share	$	(24,272	)	$	(71,932	)
Number of shares:
Weighted average number of
common stock for the purpose of basic
and dilutive earnings per share		24,000,000			24,000,000

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Uncertainty of Ability to Continue As a Going Concern

6 Months Ended

Jun. 30, 2011

Uncertainty Of Ability To Continue As A Going Concern [Abstract]

Uncertainty Of Ability To Continue As A Going Concern [Text Block]

2.   UNCERTAINTY OF ABILITY TO CONTINUE AS A GOING CONCERN

The Company's financial statements are prepared using the generally accepted accounting principles applicable to a going concern, which contemplates the realization of assets and liquidation of liabilities in the normal course of business. The Company has not generated significant revenues since inception and has never paid any dividends and is unlikely to pay dividends or generate significant earnings in the immediate or foreseeable future. The continuation of the Company as a going concern is dependent upon the ability of the Company to obtain necessary equity financing to continue operations and the attainment of profitable operations. The management will seek to raise funds from shareholders.

For the six months then ended June 30, 2011, the Company has not generated revenue yet and has incurred an accumulated deficit $649,326. As of June 30, 2011, its current assets exceed its current liabilities by $43,483.

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Property, Plant and Equipment, Net

6 Months Ended

Jun. 30, 2011

Property, Plant and Equipment, Net [Abstract]

Property, Plant and Equipment Disclosure [Text Block]

7.   PROPERTY, PLANT AND EQUIPMENT, NET

Details of property, plant and equipment are as follows:

	June 30, 2011		December 31, 2010
At cost
Office equipment	$	-	$	5,183
Less: accumulated depreciation		-		(1,807	)
	$	-	$	3,376
Deconsolidation adjustment		-		(3,376	)
		-		-

Depreciation expense included in the general and administrative expenses for the six months ended June 30, 2011 and 2010 were nil and $254 respectively.

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Income Taxes

6 Months Ended

Jun. 30, 2011

Income Tax Disclosure [Abstract]

Income Tax Disclosure [Text Block]

12.   INCOME TAXES

(a)   The Company, being registered in the State of Nevada whereas its subsidiary, HKAC being incorporated in Hong Kong is not subject to any income tax as the U.S. Holding company and Hong Kong subsidiary does not generate any positive income. The Company has conducted all of its business through its PRC subsidiary, Chuangding, is subject to the PRC’s Enterprise Income Tax (“EIT”). Pursuant to the PRC Income Tax Laws, EIT is generally imposed at 25%.

A reconciliation between the income tax computed at the U.S. statutory rate and the Group’s provision for income tax is as follows:

	For the six months ended June 30
	2011			2010
U.S. statutory rate		34	%		34	%
Foreign income not recognized in the U.S.		(34	%)		(34	%)
PRC Enterprise Income Tax		25	%		25	%
Provision for income tax		25	%		25	%

(b)   PRC EIT rate was 25% for the six months ended June 30, 2011 and 2010.

No income before income taxes for the six months ended June 30, 2011 and 2010 were attributed to the subsidiary with operations in China. No income taxes related to China income for the six months ended June 30, 2011 and 2010.

(c)   No deferred tax has been provided as there are no material temporary differences arising for the six months ended June 30, 2011 and 2010.

The Company did not have any interest and penalty recognized in the income statements for the six months ended June 30, 2011 and 2010 or balance sheet as of June 30, 2011 and 2010. The Company did not have uncertainty tax positions or events leading to uncertainty tax position within the next 12 months. The Company’s 2008, 2009, 2010 and 2011 U.S. Corporation Income Tax Return are subject to U.S. Internal Revenue Service examination and the Company’s, 2009/2010, and 2010/11 Hong Kong Corporations Profits Tax Return filing are subject to Hong Kong Inland Revenue Department examination. The Company’s 2008, 2009, 2010 and 2011 China Enterprise Income Tax Returns are subject to State Administration of Taxation examination.

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Amount Due To Director

6 Months Ended

Jun. 30, 2011

Amount Due To A Director [Abstract]

Amount Due To A Director [Text Block]

8.   AMOUNT DUE TO A DIRECTOR

Amount due to a director is unsecured, interest-free, and repayable on demand.

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Goodwill

6 Months Ended

Jun. 30, 2011

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill Disclosure [Text Block]

6.   GOODWILL

On January 14, 2009, the Company acquired 100% interest of HKAC for $438,975. Including in this acquisition was the primary beneficiary status of HKAC derived from a Variable Interest Entity, Shenzhen Jinmimi Technology Company Limited. Goodwill represents the excess of the cost of the purchases over the fair value of the net acquired identifiable assets at the date of acquisition. The goodwill was derived from the primary beneficiary status of VIE, Shenzhen Jinmimi Technology Company Limited, which comprised of the actual operation and assets and liabilities. The entire goodwill has been written off when the Company performed the deconsolidation of Shenzhen Jinmimi Technology Company Limited according to the Termination of Management Consultancy Agreement signed on September 16, 2010.

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Consolidated Statements of Cash Flows (USD $)	6 Months Ended		31 Months Ended
	Jun. 30, 2011	Jun. 30, 2010	Jun. 30, 2011
Cash flows from operating activities
Net loss	$ (24,544)	$ (72,912)	$ (649,326)
Depreciation	0	508	1,656
Sale of plant and equipment	0	0	4,069
Good will	0	0	187,081
Additional paid in capital	0	0	587,543
Amount due to shareholder	0	0	(220,084)
Other payables	21,719	0	(199,268)
Adjustments to reconcile net income to net cash provided by operating activities:
Other receivables	0	(601)	0
Trading securities at fair value	0	0	0
Amount due from a director	0	32	(5,119)
Amount due to a director	0	1,238	0
Advances to employees	0	(83)	0
Rental deposits	0	0	277
Prepaid expenses	15,509	16,635	(29,861)
Accruals	(12,484)	(2,013)	2,500
Other loans	0	0	146,753
Net cash generated from/(used in) operating activities	200	(57,196)	(173,779)
Cash flows from investing activities
Acquisition of subsidiary	0	0	52,814
Purchases of trading securities	0	(42,394)	0
Purchase of plant and equipment	0	0	(1,840)
Net cash used in investing activities	0	(42,394)	(54,654)
Cash flows from financing activities
Issue of capital	0	0	100,000
Amount due to a shareholder	0	0	145,877
Net cash provided by financing activities	0	0	245,877
Net cash and cash equivalents (used) sourced	200	(99,590)	17,444
Effect of foreign currency translation on cash and cash equivalents	(67)	654	1,039
Cash and cash equivalents-beginning of period	18,350	133,759	0
Cash and cash equivalents–end of period	18,483	34,823	18,483
Supplementary cash flow information:
Interest received	0	2	7,875
ACQUISITION OF SUBSIDIARY (HKAC):
Cash and cash equivalents			386,161
Amount due from a director			11,694
Other receivables			729
Prepaid expenses			6
Office equipment			3,113
Total assets purchased			401,703
Amount due to a shareholder			(74,207)
Other payables			(74,505)
Accrued liabilities			(1,097)
Total liabilities assumed			(149,809)
Total net assets			251,894
Share percentage			100.00%
Consideration			438,975
Less: Net asset acquired			(251,894)
Goodwill			187,081
Consideration			438,975
Cash acquired			(386,161)
Net cash consideration paid			$ 52,814

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Summary of Significant Accounting Policies

6 Months Ended

Jun. 30, 2011

Accounting Policies [Abstract]

Significant Accounting Policies [Text Block]

3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

(a) Method of accounting

The Group maintains its general ledger and journals with the accrual method of accounting for financial reporting purposes. The financial statements and notes are representations of management. Accounting policies adopted by the Group conform to generally accepted accounting principles in the United States of America (“US GAAP”) and have been consistently applied in the presentation of financial statements.

The preparation of financial statements in conformity with US GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. This basis of accounting differs in certain material respects from that used for the preparation of the books of account of the Group’s principal subsidiaries, which are prepared in accordance with the accounting principles and the relevant financial regulations applicable to enterprises with limited liabilities established in the PRC and Hong Kong, the accounting standards used in the places of their domicile. The accompanying condensed interim consolidated financial statements reflect necessary adjustments not recorded in the books of account of the Company's subsidiaries to present them in conformity with US GAAP.

(b) Principles of consolidation

The Company consolidates its subsidiaries and the entities it controls through a majority voting interest or otherwise, including entities that are variable interest entities (“VIEs”) for which the Company is the primary beneficiary pursuant to Accounting Standards Codification (“ASC”) No. 810, “Consolidation” (“ACS 810”). The provisions of ASC 810 have been applied respectively to all periods presented in the consolidated financial statements.

Subsidiary

The Company consolidates its wholly owned subsidiaries, Active Choice Limited, Chuangding Investment Consultant (Shenzhen) Co., Ltd and Shenzhen Jinmimi, because it controls these entities through its 100% voting interest in them. The following sets forth information about the wholly owned subsidiaries:

Name of Subsidiary		Place & Date of Incorporation	Equity Interest Attributable to the Company (%)	Registered Capital ($)	Issued Capital (HKD)	Registered Capital (RMB)
Active Choice Limited (“HKAC”)		Hong Kong/ September 26,2008	100	$1,290	HKD10,000	-
Chuangding Investment Consultant (Shenzhen) Co., Ltd (“Chuangding”)		PRC/ December 4, 2008	100	$146,056	-	RMB1,000,000
*Shenzhen Jinmimi Network Technology Limited Company (“Shenzhen Jinmimi”)		PRC/August 4, 2008	100	$291,864	-	RMB 2,000,000
	*Note : Deemed variable interest entity was deconsolidated on September 16, 2010

(c) Use of estimates

The preparation of the financial statements in conformity with generally accepted accounting principles in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting periods. Management makes these estimates using the best information available at the time the estimates are made; however actual results could differ materially from those estimates.

(d) Economic and political risks

The Group’s operations are conducted in the PRC. Accordingly, the Group’s business, financial condition and results of operations may be influenced by the political, economic and legal environment in the PRC, and by the general state of the PRC economy.

The Group’s operations in the PRC are subject to special considerations and significant risks not typically associated with companies in North America and Western Europe. These include risks associated with, among others, the political, economic and legal environment and foreign currency exchange. The Group’s results may be adversely affected by changes in the political and social conditions in the PRC, and by changes in governmental policies with respect to laws and regulations, anti-inflationary measures, currency conversion, remittances abroad, and rates and methods of taxation, among other things.

(e) Property, plant and equipment

Plant and equipment are carried at cost less accumulated depreciation. Depreciation is provided over their estimated useful lives, using the straight-line method. Estimated useful lives of the plant and equipment are as follows:

Office equipment 5 years

The cost and related accumulated depreciation of assets sold or otherwise retired are eliminated from the accounts and any gain or loss is included in the statement of income.

(f) Goodwill

Goodwill represents the excess of the cost of an acquisition over the fair value of the net acquired identifiable assets at the date of acquisition. Goodwill is included in intangible assets and no amortization is provided.

Goodwill is tested annually for impairment. See Note 6 for impairment of goodwill.

(g) Accounting for the impairment of long-lived assets

The Group periodically evaluates the carrying value of long-lived assets to be held and used, including intangible assets subject to amortization, when events and circumstances warrant such a review, pursuant to the guidelines established in ASC No. 360, “Property, Plant and Equipment”. The carrying value of a long-lived asset is considered impaired when the anticipated undiscounted cash flow from such asset is separately identifiable and is less than its carrying value. In that event, a loss is recognized based on the amount by which the carrying value exceeds the fair market value of the long-lived asset. Fair market value is determined primarily using the anticipated cash flows discounted at a rate commensurate with the risk involved. Losses on long-lived assets to be disposed of are determined in a similar manner, except that fair market values are reduced for the cost to dispose.

During the reporting periods, there was no impairment loss.

(h) Foreign currency translation

The accompanying financial statements are presented in United States dollars. The functional currencies of the Group are Hong Kong dollars (HKD) and the Renminbi (RMB). The financial statements are translated into United States dollars from HKD and RMB at year-end exchange rates as to assets and liabilities and average exchange rates as to revenues and expenses. Capital accounts are translated at their historical exchange rates when the capital transactions occurred.

The exchange rates used to translate amounts in HKD and RMB into USD for the purposes of preparing the consolidated financial statements were as follows:

	JUNE 30, 2011		December 31, 2010		JUNE 30, 2010
Twelve months ended
USD : RMB exchange rate		-		6.5918		-
Average twelve months ended
USD : RMB exchange rate		-		6.7605		-
Six months ended
USD : RMB exchange rate		6.4630		-		6.8086
Average six months ended
USD : RMB exchange rate		6.5316		-		6.8347
Average three months ended
USD:RMB exchange rate		6.4924				6.8335
Twelve months ended
USD : HKD exchange rate		-		7.7822		-
Average twelve months ended
USD : HKD exchange rate		-		7.7682		-
Six months ended
USD : HKD exchange rate		7.7832				7.7847
Average six months ended
USD : HKD exchange rate		7.7819				7.7717
Average three months ended
USD:HKD exchange rate		7.7770				7.7794

The RMB is not freely convertible into foreign currency and all foreign exchange transactions must take place through authorized institutions. No representation is made that the RMB amounts could have been, or could be, converted into USD at the rates used in translation. In addition, the current foreign exchange control policies applicable in PRC also restrict the transfer of assets or dividends outside the PRC.

(i) Cash and cash equivalents

The Group considers all highly liquid investments purchased with original maturities of six months or less to be cash equivalents. The Group maintains bank accounts in Hong Kong and the PRC. The Group does not maintain any bank accounts in the United States of America. The cash located outside the United States is not restricted as to usage.

(j) Leases

The Group did not have a lease that met the criteria of a capital lease. Leases that do not qualify as a capital lease are classified as an operating lease. Operating lease rental payments included in selling expenses for the six months end June 30, 2011 and 2010 were nil and $4,945 respectively.

(k) Advertising

The Group expensed all advertising costs as incurred. Advertising expenses included in the general and administrative expense for the six months ended June 30, 2011 and 2010 were nil and $1,793 respectively.

(l) Income taxes

The Group accounts for income taxes using an asset and liability approach and allows for recognition of deferred tax benefits in future years. Under the asset and liability approach, deferred taxes are provided for the net tax effects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes. A valuation allowance is provided for deferred tax assets if it is more likely than not these items will either expire before the Group is able to realize their benefits, or that future realization is uncertain.

The Group is operating in the PRC, and in accordance with the relevant tax laws and regulations of PRC, the enterprise income tax rate for the six months ended June 30, 2011 and 2010 are 25%.

(m) Cash and concentration of risk

Cash includes cash on hand and demand deposits in accounts maintained within Hong Kong and the PRC. Total cash in these banks at June 30, 2011 and December 31, 2010 amounted to $18,483 and $18,350 respectively, of which no deposits are covered by Federal Depository Insured Commission. The Group has not experienced any losses in such accounts and believes it is not exposed to any risk on its cash in bank accounts.

(n) Comprehensive income

Comprehensive income is defined to include all changes in equity except those resulting from investments by owners and distributions to owners. Among other disclosures, all items that are required to be recognized under current accounting standards as components of comprehensive income are required to be reported in a financial statement that is presented with the same prominence as other financial statements. The Group’s current component of other comprehensive income is the foreign currency translation adjustment.

(o) Recently implemented standards

In June 2011, the Financial Accounting Standard Board (“FASB”) issued Accounting Standard Update (“ASU”) 2011-05, Presentation of Comprehensive Income, which requires an entity to present the total of comprehensive income, the components of net income, and the components of other comprehensive income either in a single continuous statement of comprehensive income, or in two separate but consecutive statements. ASU 2011-05 eliminates the option to present components of other comprehensive income as part of the statement of equity. ASU 2011-05 will be effective for the Company beginning after December 15, 2011. The Company does not expect the adoption of ASU 2011-05 to have a material effect on its operating results or financial position. However, it will impact the presentation of comprehensive income.

In May 2011, the FASB issued ASU 2011-04, Fair Value Measurement (Topic 820): Amendments to Achieve Common Fair Value Measurement and Disclosure Requirements in U.S. GAAP and International Financial Reporting Standards (“IFRS”). ASU 2011-04 clarifies some existing concepts, eliminates wording differences between U.S. GAAP and IFRS, and in some limited cases, changes some principles to achieve convergence between U.S. GAAP and IFRS. ASU 2011-04 results in a consistent definition of fair value and common requirements for measurement of and disclosure about fair value between U.S. GAAP and IFRS. ASU 2011-04 also expands the disclosures for fair value measurements that are estimated using significant unobservable (Level 3) inputs. ASU 2011-04 will be effective for the Company beginning after December 15, 2011. The Company does not expect the adoption of ASU 2011-04 to have a material effect on its operating results or financial position.

In April 2011, the FASB issued ASU 2011-03, Consideration of Effective Control on Repurchase Agreements, which deals with the accounting for repurchase agreements and other agreements that both entitle and obligate a transferor to repurchase or redeem financial assets before their maturity. ASU 2011-03 changes the rules for determining when these transactions should be accounted for as financings, as opposed to sales. The guidance in ASU 2011-03 is effective for the first interim or annual period beginning on or after December 15, 2011. The guidance should be applied prospectively to transactions or modifications of existing transactions that occur on or after the effective date. Early adoption is not permitted. The adoption of ASU 2011-03 is not expected to have a material impact on the Company’s financial condition or results of operation.

In April 2011, the FASB issued ASU 2011-02, “A Creditor’s Determination of Whether a Restructuring is a Troubled Debt Restructuring”, which clarifies when creditors should classify loan modifications as troubled debt restructurings. The guidance is effective for interim and annual periods beginning on or after June 15, 2011, and applies retrospectively to restructurings occurring on or after the beginning of the year. The guidance on measuring the impairment of a receivable restructured in a troubled debt restructuring is effective on a prospective basis. A provision in ASU 2011-02 also ends the FASB’s deferral of the additional disclosures about troubled debt restructurings as required by ASU 2010-20. The adoption of ASU 2011-02 is not expected to have a material impact on the Company’s financial condition or results of operations.

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Concentrations of Credit Risk and Major Customers

6 Months Ended

Jun. 30, 2011

Concentrations Of Credit Risk and Major Customers [Abstract]

Concentrations Of Credit Risk and Major Customers [Text Block]

4.   CONCENTRATIONS OF CREDIT RISK AND MAJOR CUSTOMERS

Financial instruments which potentially expose the Group to concentrations of credit risk, consists of cash and trade receivables as of June 30, 2011 and December 31, 2010. The Group performs ongoing evaluations of its cash position and credit evaluations to ensure collections and minimize losses.

As of June 30, 2011 and December 31, 2010, the Group’s bank deposits were placed with banks in Hong Kong and the PRC where there is currently no rule or regulation in place for obligatory insurance of bank accounts.

For the six months ended June 30, 2011 and 2010, the Group did not generate any revenue and as of June 30, 2011 there was no additional trade receivable.

The maximum amount of loss due to credit risk that the Group would incur if the counter parties to the financial instruments failed to perform is represented the carrying amount of each financial asset in the balance sheet.

Normally the Group does not obtain collateral from customers or debtors.

As at June 30, 2011 and December 31, 2010, no customer accounted for 10% of the Group’s revenue and trade receivables.

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Fair Value Financial Instruments

6 Months Ended

Jun. 30, 2011

Financial Instruments, Owned, at Fair Value [Abstract]

Financial Instruments Disclosure [Text Block]

11.   FAIR VALUE OF FINANCIAL INSTRUMENTS

The fair value of a financial instrument is the amount at which the instrument could be exchanged in a current transaction between willing parties.  The carrying amounts of financial assets and liabilities, such as cash and cash equivalents, trade receivables, amount due from a director, other receivables, amount due to a shareholder and other payables, approximate their fair values because of the short maturity of these instruments and market rates of interest.

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Amount Due From A Director

6 Months Ended

Jun. 30, 2011

Amount Due From A Director [Abstract]

Amount Due From A Director [Text Block]

5.   AMOUNT DUE FROM A DIRECTOR

Amount due from a director is unsecured, interest-free, and repayable on demand.

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Consolidated Statements of Stockholders' Equity (USD $)	Common Stock	Additional Paid-in Capital	Retained Earnings	Accumulated Other Comprehensive Income (Loss)	Total
Beginning Balance at Nov. 12, 2008
Issuance of common stock	$ 2,000	$ 0	$ 0	$ 0	$ 2,000
Issuance of common stock (Shares)	20,000,000	0	0	0	0
Balance, at Dec. 31, 2008	2,000	0	0	0	2,000
Balance, (Shares) at Dec. 31, 2008	20,000,000	0	0	0	0
Issuance of common stock	400	99,600	0	0	100,000
Issuance of common stock (Shares)	4,000,000	0	0	0	0
Net loss	0	0	(130,683)	0	(130,683)
Foreign currency translation adjustment	0	0	0	301	301
Balance, at Dec. 31, 2009	2,400	99,600	(130,683)	301	(28,382)
Balance, (Shares) at Dec. 31, 2009	24,000,000	0	0	0	0
Shareholder’s contribution	0	587,543	0	0	587,543
Net loss	0	0	(494,099)	0	(494,099)
Foreign currency translation adjustment	0	0	0	2,693	2,693
Balance, at Dec. 31, 2010	2,400	687,143	(624,782)	2,994	67,755
Balance, (Shares) at Dec. 31, 2010	24,000,000	0	0	0	0
Net loss	0	0	(24,544)	0	(24,544)
Foreign currency translation adjustment	0	0	0	272	272
Balance, at Jun. 30, 2011	$ 2,400	$ 687,143	$ (649,326)	$ 3,266	$ 43,483
Balance, (Shares) at Jun. 30, 2011	24,000,000	0	0	0	0

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Organization and Principal Activities

6 Months Ended

Jun. 30, 2011

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Organization, Consolidation and Presentation of Financial Statements Disclosure and Significant Accounting Policies [Text Block]

1.   ORGANIZATION AND PRINCIPAL ACTIVITIES

Jinmimi Network Inc. (the “Company”) was incorporated under the laws of the State of Nevada on November 13, 2008.  The Company was a shell company with no substantial operations or assets.

Active Choice Limited (“HKAC”) was incorporated under the laws of Hong Kong with limited liability on September 26, 2008. HKAC has only nominal operations.

Chuangding Investment Consultant (Shenzhen) Co., Ltd (“Chuangding”) was incorporated under the laws of the People’s Republic of China (the PRC) as a limited company on December 4, 2008. The Company operated through itself and one operating company located in Mainland China: Shenzhen Jinmimi Network Technology Limited Company (“Shenzhen Jinmimi”), which Chuangding controls, through contractual arrangements between Chuangding and Shenzhen Jinmimi, as if Shenzhen Jinmimi was a wholly-owned subsidiary of the Chuangding before September 16, 2010.

Afterwards, Chuangding has been committed to carry out its core business by providing project investment consulting focus on preliminary research. The consulting services are based on customer requirement which involves investment value analysis, market risk analysis, business plan design, project financing proposal, and project data analysis. All the researches are derived from objective, comprehensive and scientific analysis, market risk study, enterprises sensitivity analysis, commercial operatives, capital raising possibility, investment value and other aspects that would help reduce the investment risk and improve capital efficiency.

Shenzhen Jinmimi was established in the PRC as a limited company on August 4, 2008.

On January 6, 2009, HKAC acquired 100% of the shareholdings of Chuangding, for a consideration $147,500.

On January 14, 2009, the Company entered into a Purchase Agreement with HKAC and HKAC Shareholders, for a purchase price of $438,975 by delivery of promissory note. As a result, HKAC and its subsidiary, Chuangding, became the wholly-owned subsidiaries of the Company.

On September 16, 2010, the Company entered into a Termination of Management Consultancy Agreement with Shenzhen Jinmimi Networks Company Limited (“Shenzhen Jinmimi”) owing to unfeasible and unreasonable expenses and delay. From then on, Shenzhen Jinmimi is no longer a deemed subsidiary (Variable Interest Entity) of the Company and should be deconsolidated from the Company’s financial statement.

The Company and its subsidiaries (hereinafter, collectively referred to as “the Group”) were the online media company and value-added information service provider in the PRC before September 16, 2010. Afterwards, it undertakes investment consulting services for variety of Mainland China business organizations and owners.

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Other Payable

6 Months Ended

Jun. 30, 2011

Related Party Transactions [Abstract]

Related Party Transactions Disclosure [Text Block]

9.   OTHER PAYABLE

Other payable due to a third party is unsecured, interest free and repayable on demand.

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Subsequent Events

6 Months Ended

Jun. 30, 2011

Subsequent Events [Abstract]

Subsequent Events [Text Block]

13.   SUBSEQUENT EVENTS

The Company has evaluated all other subsequent events through August 11, 2011, the date these consolidated financial statements were issued, and determined that there were no other subsequent events or transactions that require recognition or disclosures in the financial statements.

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Consolidated Balance Sheets (USD $)	Jun. 30, 2011		Dec. 31, 2010
Current assets
Cash and cash equivalents	$ 18,483		$ 18,350
Subscription receivables	2,000		2,000
Amount due from a director	17,172	[1]	16,837	[1]
Rental deposits	464		455
Prepaid expenses	29,861		45,370
Total current assets	67,980		83,012
Goodwill	0	[2]	0	[2]
Property, plant and equipment, net	0	[3]	0	[3]
TOTAL ASSETS	67,980		83,012
LIABILITIES AND STOCKHOLDERS’ EQUITY
Accruals	2,500		14,984
Amount due to a director	278	[4]	273	[4]
Other payable	21,719	[5]	0	[5]
TOTAL LIABILITIES	24,497		15,257
Commitments and contingencies	0		0
STOCKHOLDERS’ EQUITY
Common stock at $0.0001 par value; 100,000,000 shares authorized; 24,000,000 issued and outstanding at June 30, 2011 and December 31, 2010	2,400		2,400
Additional paid-in capital	687,143		687,143
Accumulated loss	(649,326)		(624,782)
Accumulated other comprehensive income	3,266		2,994
TOTAL STOCKHOLDERS' EQUITY	43,483		67,755
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$ 67,980		$ 83,012

[1] Note 5

[2] Note 6

[3] Note 7

[4] Note 8

[5] Note 9