LAND USE RIGHTS, NET

6 Months Ended

Jun. 30, 2011

LAND USE RIGHTS, NET

NOTE 6 - LAND USE RIGHTS, NET

Land use rights, net consisted of the following:

	June 30, 2011			December 31, 2010
Cost of land use rights	$	6,190,601		$	6,041,788
Less: Accumulated amortization		(872,944	)		(776,437	)
Land use rights, net	$	5,317,657		$	5,265,351

Amortization expense for six months ended on June 30, 2011 and 2010 was $76,479 and $73,463 respectively.

Amortization expense for the next five years and thereafter is as follows:

2011	$	152,958
2012		152,958
2013		152,958
2014		152,958
2015		152,958
Thereafter		4,552,867
Total	$	5,317,657