Note 17 - Related Party Transactions

6 Months Ended

Jun. 30, 2013

Notes

Note 17 - Related Party Transactions

NOTE 17 – RELATED PARTY TRANSACTIONS

In addition to the transactions detailed elsewhere in these financial statements, the Company entered into the following significant transactions with related parties:

	Six months ended June 30,
	2013	2012
Xinghua Chen
Rental expenses payable for the Company’s office premises in Shenzhen, the PRC	$7,609	-

Mr. Xinghua Chen, the director of Shenzhen Hanhong, is also a director of the Company.  Details of which please refer to note 8 to the consolidated financial statements.

In the opinion of the directors, the above transactions were entered into by the Company in the normal course of business.