RELATED PARTY TRANSACTIONS

9 Months Ended

Sep. 30, 2013

NOTE 12 - RELATED PARTY TRANSACTIONS

As of September 30, 2013 and December 31, 2012, the Company has a related party loan of $1,727,265 and $209,890, respectively, from the Company’s Chairman and Chief Executive Officer, Mr. Jia, who provides funds for the Company’s operations. This loan is unsecured, non-interest bearing and due on demand.

- Definition

The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.

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