INTANGIBLE ASSETS, NET

3 Months Ended

Mar. 31, 2015

Finite-Lived Intangible Assets, Net [Abstract]

Intangible Assets Disclosure [Text Block]

9. INTANGIBLE ASSETS, NET

Intangible assets consisted of the following as of March 31, 2015 and December 31, 2014:

	March 31, 2015		December 31,2014
	(Unaudited)
Accounting and operational software	$	32,158	$	32,025
Less: Accumulated amortization		(11,726)		(9,923)
Total	$	20,432	$	22,102

Amortization expenses for the three months ended March 31, 2015 and 2014 were $1,755 and $2,755, respectively. The estimated annual amortization expense for intangible asset is $7,048 for the years ended December 31, 2015 and 2016, $6,477 for the year ended December 31, 2017 and $1,620 for the year ended December 31, 2018.