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Concentrations and Risks

12 Months Ended

Dec. 31, 2013

15. CONCENTRATIONS AND RISKS

As of December 31, 2013 and 2012, all of the Company’s assets were located in the PRC and Hong Kong and all of the Company’s revenues were derived from customers located in the PRC.

Details of the suppliers accounting for 10% or more of the Company’s purchases are as follows:

	Supplier A			Supplier B			Supplier C
For the year ended December 31,
2013		-			-			-
2012		66	%		16	%		15	%

As of December 31, 2013 and 2012, the accounts payable for these suppliers were $0 and $2,183 respectively.

Details of the customers accounting for 10% or more of the Company’s sales are as follows:

	Customer A			Customer B
For the year ended December 31,
2013		82	%		-

2012		-			25	%

As of December 31, 2013 and 2012, the accounts receivable from these customers were $0.

- Definition

The entire disclosure for any concentrations existing at the date of the financial statements that make an entity vulnerable to a reasonably possible, near-term, severe impact. This disclosure informs financial statement users about the general nature of the risk associated with the concentration, and may indicate the percentage of concentration risk as of the balance sheet date.

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