FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public
Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

WANG LING
2. Issuer Name and Ticker or Trading Symbol

NEW DRAGON ASIA CORP [ NWD ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
Chief Financial Officer
(Last)          (First)          (Middle)

10 HUANGCHENG ROAD (N), LONGKOU
3. Date of Earliest Transaction (MM/DD/YYYY)

8/13/2009
(Street)

SHANDONG PROVINCE, F4 26570
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, par value $0.0001, per share   8/13/2009     S    50000   D $0.1289   1900000   D    
Common Stock, par value $0.0001, per share   8/13/2009     S    48700   D $0.1311   1851300   D    
Common Stock, par value $0.0001, per share   8/13/2009     S    5000   D $0.1320   1846300   D    
Common Stock, par value $0.0001, per share   8/13/2009     S    10000   D $0.1323   1836300   D    
Common Stock, par value $0.0001, per share   8/13/2009     S    3900   D $0.1340   1832400   D    
Common Stock, par value $0.0001, per share   8/13/2009     S    32400   D $0.1370   1800000   D    
Common Stock, par value $0.0001, per share   8/13/2009     S    540000   D $0.1400   1260000   D    
Common Stock, par value $0.0001, per share   8/13/2009     S    7100   D $0.1401   1252900   D    
Common Stock, par value $0.0001, per share   8/13/2009     S    100   D $0.1402   1252800   D    
Common Stock, par value $0.0001, per share   8/13/2009     S    100   D $0.1403   1252700   D    
Common Stock, par value $0.0001, per share   8/13/2009     S    74500   D $0.1410   1178200   D    
Common Stock, par value $0.0001, per share   8/13/2009     S    2000   D $0.1420   1176200   D    
Common Stock, par value $0.0001, per share   8/13/2009     S    1000   D $0.1421   1175200   D    
Common Stock, par value $0.0001, per share   8/13/2009     S    10000   D $0.1422   1165200   D    
Common Stock, par value $0.0001, per share   8/13/2009     S    5200   D $0.1430   1160000   D    
Common Stock, par value $0.0001, per share   8/13/2009     S    10000   D $0.1408   1150000   D    
Common Stock, par value $0.0001, per share   8/13/2009     S    922900   D $0.1500   227100   D    
Common Stock, par value $0.0001, per share   8/13/2009     S    2600   D $0.1502   224500   D    
Common Stock, par value $0.0001, per share   8/13/2009     S    10700   D $0.1503   213800   D    
Common Stock, par value $0.0001, per share   8/13/2009     S    4800   D $0.1504   209000   D    
Common Stock, par value $0.0001, per share   8/13/2009     S    1000   D $0.1501   208000   D    
Common Stock, par value $0.0001, per share   8/13/2009     S    200   D $0.1539   207800   D    
Common Stock, par value $0.0001, per share   8/13/2009     S    7800   D $0.1550   200000   D    
Common Stock, par value $0.0001, per share   8/13/2009     S    32700   D $0.1551   167300   D    
Common Stock, par value $0.0001, per share   8/13/2009     S    3500   D $0.1552   163800   D    
Common Stock, par value $0.0001, per share   8/13/2009     S    200   D $0.1555   163600   D    
Common Stock, par value $0.0001, per share   8/13/2009     S    9200   D $0.1570   154400   D    
Common Stock, par value $0.0001, per share   8/13/2009     S    154400   D $0.1579   0   D    

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Explanation of Responses:

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
WANG LING
10 HUANGCHENG ROAD (N), LONGKOU
SHANDONG PROVINCE, F4 26570


Chief Financial Officer

Signatures
/s/ Ling Wang 8/15/2009
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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