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ORGANIZATION AND BUSINESS BACKGROUND (Tables)
6 Months Ended
Jun. 30, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Description of Subsidiaries
Description of subsidiaries
 
Name
 
Place of incorporation
and kind of
legal entity
 
Principal activities
and place of operation
 
Particulars of issued/
registered share
capital
 
Effective interest
held
 
 
 
 
 
 
 
 
 
Liaoning Nengfa Weiye Energy Technology Co. Ltd (“Nengfa Energy”)
 
The PRC, a limited liability company
 
Production of a variety of industrial valve components which are widely used in water supply and sewage system, coal and gas fields, power generation stations, petroleum and chemical industries in the PRC
 
US$5,000,000
 
100%
 
 
 
 
 
 
 
 
 
Liaoning Nengfa Weiye Tei Fa Sales Co., Ltd. (“Sales Company”)
 
The PRC, a limited liability company (under deregistration process)
 
Sales and marketing of valves components and products in the PRC
 
RMB5,000,000
 
99%