CONSOLIDATED BALANCE SHEETS (USD $)	Nov. 30, 2011	May 31, 2011
ASSETS
Cash and cash equivalents	$ 289,913	$ 136,702
Restricted cash	301	10,868
Trade accounts receivable, net	47,508,418	30,058,457
Other receivables	891,828	983,199
Inventories	593,760	348,102
Total current assets	49,284,220	31,537,328
Long-term assets
Property, plant and equipment, net	9,893,685	8,898,993
Prepayments	14,726,108	15,240,990
Accounts receivable, net - long-term	31,776,895	33,129,309
Deferred tax assets	1,939,110	2,038,913
Other receivables - long-term	3,231,327	2,197,961
Total long-term assets	61,567,125	61,506,166
TOTAL ASSETS	110,851,345	93,043,494
LIABILITIES AND EQUITY
Trade accounts payable	18,867,691	13,114,202
Related party payable	272,690	296,325
Other payables	3,835,954	3,494,914
Current portion of capital lease obligations	3,212,818	3,171,246
Accrued expenses	880,146	980,075
Tax payable	9,280,652	6,401,831
Total current liabilities	36,349,951	27,458,593
Long-term liabilities
Long-term portion of capital lease obligations	549,186	515,662
Total long-term liabilities	549,186	515,662
TOTAL LIABILITIES	36,899,137	27,974,255
EQUITY
Preferred stock, no par value, 10,000,000 shares authorized; no shares issued or outstanding	0	0
Common stock, no par value, 100,000,000 shares authorized; 14,095,620 and 12,930,620 shares issued and outstanding as of November 30, 2011 and May 31, 2011, respectively	44,616,151	43,279,066
Retained earnings	19,684,826	14,778,106
Accumulated other comprehensive income	5,367,792	4,107,477
Total China Infrastructure Construction Corporation Stockholder's Equity	69,668,769	62,164,649
Non-controlling interests	4,283,439	2,904,590
TOTAL EQUITY	73,952,208	65,069,239
TOTAL LIABILITIES AND EQUITY	$ 110,851,345	$ 93,043,494