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</LabelSeparator><Level>2</Level><ElementName>us-gaap_RelatedPartyTransactionsDisclosureTextBlock</ElementName><ElementPrefix>us-gaap_</ElementPrefix><IsBaseElement>true</IsBaseElement><BalanceType>na</BalanceType><PeriodType>duration</PeriodType><IsReportTitle>false</IsReportTitle><IsSegmentTitle>false</IsSegmentTitle><IsCalendarTitle>false</IsCalendarTitle><IsEquityPrevioslyReportedAsRow>false</IsEquityPrevioslyReportedAsRow><IsEquityAdjustmentRow>false</IsEquityAdjustmentRow><IsBeginningBalance>false</IsBeginningBalance><IsEndingBalance>false</IsEndingBalance><IsReverseSign>false</IsReverseSign><FootnoteIndexer /><Cells><Cell FlagID="0" ContextID="D130101_130630" UnitID=""><Id>1</Id><IsNumeric>false</IsNumeric><IsRatio>false</IsRatio><DisplayZeroAsNone>false</DisplayZeroAsNone><NumericAmount>0</NumericAmount><RoundedNumericAmount>0</RoundedNumericAmount><NonNumbericText>&lt;!--egx--&gt;&lt;p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;text-justify:inter-ideograph;line-height:normal;text-autospace:none'&gt;&lt;b&gt;&lt;u&gt;NOTE 17 &amp;#150; RELATED PARTY TRANSACTIONS&lt;/u&gt;&lt;/b&gt;&lt;/p&gt; &lt;p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal;text-autospace:none'&gt;&amp;nbsp;&lt;/p&gt; &lt;p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;text-justify:inter-ideograph;line-height:normal;text-autospace:none'&gt;In addition to the transactions detailed elsewhere in these financial statements, the Company entered into the following significant transactions with related parties:&lt;/p&gt; &lt;p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal;text-autospace:none'&gt;&amp;nbsp;&lt;/p&gt; &lt;table border="0" cellspacing="0" cellpadding="0" style='line-height:115%;margin-left:26.15pt;border-collapse:collapse'&gt; &lt;tr align="left"&gt; &lt;td width="454" valign="bottom" style='width:340.65pt;padding:0'&gt; &lt;p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal;text-autospace:none'&gt;&amp;nbsp; &lt;/p&gt; &lt;/td&gt; &lt;td width="174" colspan="2" valign="bottom" style='width:130.3pt;padding:0'&gt; &lt;p align="center" style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;margin-bottom:0in;margin-bottom:.0001pt;text-align:center;line-height:normal;text-autospace:none'&gt;Six months ended June 30,&lt;/p&gt; &lt;/td&gt; &lt;/tr&gt; &lt;tr align="left"&gt; &lt;td width="454" valign="bottom" style='width:340.65pt;padding:0in 0in 1.5pt 0in'&gt; &lt;p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal;text-autospace:none'&gt;&amp;nbsp; &lt;/p&gt; &lt;/td&gt; &lt;td width="84" valign="bottom" style='width:62.8pt;border:none;border-bottom:solid black 1.0pt;padding:0'&gt; &lt;p align="right" style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;margin-bottom:0in;margin-bottom:.0001pt;text-align:right;line-height:normal;text-autospace:none'&gt;2013&lt;/p&gt; &lt;/td&gt; &lt;td width="90" valign="bottom" style='width:67.5pt;border:none;border-bottom:solid black 1.0pt;padding:0'&gt; &lt;p align="right" style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;margin-bottom:0in;margin-bottom:.0001pt;text-align:right;line-height:normal;text-autospace:none'&gt;2012&lt;/p&gt; &lt;/td&gt; &lt;/tr&gt; &lt;tr align="left"&gt; &lt;td width="454" valign="bottom" style='width:340.65pt;padding:0'&gt; &lt;p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal;text-autospace:none'&gt;&amp;nbsp; &lt;/p&gt; &lt;/td&gt; &lt;td width="84" valign="bottom" style='width:62.8pt;padding:0'&gt; &lt;p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal;text-autospace:none'&gt;&amp;nbsp;&lt;/p&gt; &lt;/td&gt; &lt;td width="90" valign="bottom" style='width:67.5pt;padding:0'&gt; &lt;p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal;text-autospace:none'&gt;&amp;nbsp;&lt;/p&gt; &lt;/td&gt; &lt;/tr&gt; &lt;tr align="left"&gt; &lt;td width="454" valign="bottom" style='width:340.65pt;padding:0'&gt; &lt;p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;text-justify:inter-ideograph;line-height:normal;text-autospace:none'&gt;Xinghua Chen&lt;/p&gt; &lt;/td&gt; &lt;td width="84" valign="bottom" style='width:62.8pt;padding:0'&gt; &lt;p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal;text-autospace:none'&gt;&amp;nbsp;&lt;/p&gt; &lt;/td&gt; &lt;td width="90" valign="bottom" style='width:67.5pt;padding:0'&gt; &lt;p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal;text-autospace:none'&gt;&amp;nbsp;&lt;/p&gt; &lt;/td&gt; &lt;/tr&gt; &lt;tr align="left"&gt; &lt;td width="454" valign="bottom" style='width:340.65pt;background:#CCEEFF;padding:0in 0in 3.0pt 0in'&gt; &lt;p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:27.0pt;margin-bottom:.0001pt;text-indent:-9.0pt;line-height:normal;background:#CCEEFF;text-autospace:none'&gt;Rental expenses payable for the Company&amp;#146;s office premises in Shenzhen, the PRC&lt;/p&gt; &lt;/td&gt; &lt;td width="84" valign="bottom" style='width:62.8pt;border:none;border-bottom:double black 2.25pt;background:#CCEEFF;padding:0'&gt; &lt;p align="right" style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;margin-bottom:0in;margin-bottom:.0001pt;text-align:right;line-height:normal;background:#CCEEFF;text-autospace:none'&gt;$7,609&lt;/p&gt; 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