Prepayments For Construction and Equipment Purchase

12 Months Ended

Dec. 31, 2016

Prepayments For Construction and Equipment Purchase [Abstract]

PREPAYMENTS FOR CONSTRUCTION AND EQUIPMENT PURCHASE

NOTE 7 – PREPAYMENTS FOR CONSTRUCTION AND EQUIPMENT PURCHASE

As of December 31, 2016, the Company made following prepayments for its new plant in Wenling Taizhou, China:

	As of		As of
	December 31, 2016		December 31, 2015
Prepayments for equipment purchase	$	768,129	$	2,003,400
Deposit for plant construction		1,321,990		-
Prepayments for land construction		102,117		-
	$	2,192,236	$	2,003,400

The Company started the construction in April 2016 and the construction is expected to be completed in the middle of 2017.