Segment Information

3 Months Ended

Jun. 30, 2011

Segment Information [Text Block]

21.	Segment information
	The Company is solely engaged in the manufacturing and trading of plate heat exchangers and various related products. Since the nature of the products, their production processes, and their distribution methods are substantially similar, they are considered as a single reportable segment under ASC 280 “Segment Reporting”.
	The Company’s sales revenues by products for the six months ended June 30, 2011 and 2010 were as follows :-

		Six months ended June 30,
		2011	%		2010	%
		(Unaudited)			(Unaudited)
Plate heat exchanger	$	15,399,087	55	$	12,357,301	55
Heat exchange unit		6,464,889	23		5,616,629	25
Air-cooled heat exchanger		1,586,064	6		3,032,531	14
Shell-and-tube heat exchanger		3,357,126	12		247,368	1
Others		1,425,500	4		1,052,134	5
	$	28,232,666	100	$	22,305,963	100

All of the Company’s long-lived assets and revenues classified based on the customers are located in the PRC.