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PROPERTY, PLANT AND EQUIPMENT, NET (Tables)

6 Months Ended

Jun. 30, 2012

Property, plant and equipment, net consisted of the following:

	June 30,			December 31,
	2012			2011
Cost:
Buildings	$	32,946,186		$	11,399,913
Office equipment		382,341			383,797
Motor vehicles		685,671			688,283
Machinery		21,898,225			15,597,187

Total cost		55,912,423			28,069,180
Less: Accumulated depreciation		(8,607,793	)		(7,503,305	)

Net book value	$	47,304,630		$	20,565,875

- Definition

Tabular disclosure of the useful life and salvage value of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software.

+ References+ Details