INTANGIBLE ASSETS, NET

12 Months Ended

Dec. 31, 2015

Goodwill and Intangible Assets Disclosure [Abstract]

INTANGIBLE ASSETS, NET

NOTE 6 – INTANGIBLE ASSETS, NET

Intangible assets, net consisted of the following:

	As of			As of
	December 31, 2015			December 31, 2014
Land use rights	$	2,027,918		$	1,873,842
Trademark		7,117			7,517
Patents		5,065			5,350
Total		2,040,100			1,886,709
Less: accumulated amortization		(261,836	)		(236,672	)
Intangible assets, net	$	1,778,264		$	1,650,037

Amortization expense was $39,361 and $36,045 for the years ended December 31, 2015 and 2014, respectively.

Estimated future amortization expense for intangible assets is as follows:

Years ending December 31,	Amortization expense
2016	$	41,414
2017		41,302
2018		41,187
2019		40,449
2020		40,449
Thereafter		1,573,463
	$	1,778,264