FAIR VALUE MEASUREMENTS (TABLES)

3 Months Ended

Mar. 31, 2015

FAIR VALUE MEASUREMENTS (Tables)

Assets Fair Value

The Company held the following assets recorded at fair value as of March 31, 2015 and December 31, 2014: 

			Fair Value Measurements at
			Reporting Date Using
Description	March 31, 2015		Level 1		Level 2		Level 3
Banker's acceptance notes	$	120,766	$	-	$	120,766	$	-
Total	$	120,766	$	-	$	120,766	$	-
			Fair Value Measurements at
			Reporting Date Using
Description	December 31, 2014		Level 1		Level 2		Level 3
Banker's acceptance notes	$	458,233	$	-	$	458,233	$	-
Total	$	458,233	$	-	$	458,233	$	-