LOANS FROM THIRD PARTIES

9 Months Ended

Sep. 30, 2010

Note 15 - Loans From Third Parties

Loans from third parties as of September 30, 2011 and December 31, 2010 consist of the following:

	September 30, 2011		September 30, 2010

Anyang Zhenyuan Group	$	16,406,804	$	17,417,588
Beijing Prosperous Energy Technology Developing Co., Ltd		1,502,400		1,456,320
Total	$	17,909,204	$	18,873,908

The proceeds of these loans were utilized as working capital. These loans are good-faith, unsecured, and non-interest bearing.