DESCRIPTION OF BUSINESS AND ORGANIZATION (Tables)

12 Months Ended

Dec. 31, 2012

DESCRIPTION OF BUSINESS AND ORGANIZATION [Abstract]

Schedule of subsidiaries

Details of the Company's subsidiaries which are included in these consolidated financial statements are as follows:

		Percentage of
	Place and date of	ownership
Subsidiaries' names	incorporation	by the Company	Principal activities
Wealth Rainbow Development Limited "Wealth Rainbow"	Hong Kong, People's Republic of China ("PRC") March 1, 2007	100%	Intermediate holding company
Henan Green Complex Materials Co., Ltd. "Henan Green"	PRC December 31, 2000	100% (through Wealth Rainbow)	Operating entity