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PROPERTY, PLANT AND EQUIPMENT, NET (Tables)

9 Months Ended

Sep. 30, 2012

Property, Plant and Equipment, Net [Abstract]

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

	September 30,			December 31,
	2012			2011
Cost:
Buildings	$	33,981,353		$	11,399,913
Office equipment		381,794			383,797
Motor vehicles		689,923			688,283
Machinery		21,553,204			15,597,187

Total cost		56,606,274			28,069,180
Less: Accumulated depreciation		(9,519,369	)		(7,503,305	)

Net book value	$	47,086,905		$	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.

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