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LIABILITIES	9 Months Ended
Sep. 30, 2014
LIABILITIES [Text Block]	NOTE C – LIABILITIES As of September 30, 2014, the balance sheet included total liabilities of $7,276,662, which consisted of current liabilities of $5,653,543 and construction payable of $1,623,119. Included in the current liabilities was a short-term loan of $1,466,275 (equivalent to RMB1.0 million) from Mr. Fengguo Liu, an unrelated party. The short-term loan is due on January 15, 2015 with an interest rate at 2% per month. The short-term loan also included the loan due from ChangLe Rural credit cooperatives, amounting to $1,289,574 (equivalent to RMB8.0 million); the term of this loan was from November 17 2013 to October 17 2014, with an interest rate at 12% per annum. Also included in the current liabilities was $2,446,029 of loans from related companies, including Xi’an Yanfeng Biotechnology Co., Ltd., Shaanxi Yanfeng Real Estate Co. Ltd and Shaanxi Chaoying Beauty & Cosmetics Group Co., Ltd. These entities were related to the Company through common ownership and principal officers. These loans are non-interest bearing and have no set repayment terms.

LIABILITIES

9 Months Ended

Sep. 30, 2014

NOTE C – LIABILITIES

As of September 30, 2014, the balance sheet included total liabilities of $7,276,662, which consisted of current liabilities of $5,653,543 and construction payable of $1,623,119. Included in the current liabilities was a short-term loan of $1,466,275 (equivalent to RMB1.0 million) from Mr. Fengguo Liu, an unrelated party. The short-term loan is due on January 15, 2015 with an interest rate at 2% per month. The short-term loan also included the loan due from ChangLe Rural credit cooperatives, amounting to $1,289,574 (equivalent to RMB8.0 million); the term of this loan was from November 17 2013 to October 17 2014, with an interest rate at 12% per annum. Also included in the current liabilities was $2,446,029 of loans from related companies, including Xi’an Yanfeng Biotechnology Co., Ltd., Shaanxi Yanfeng Real Estate Co. Ltd and Shaanxi Chaoying Beauty & Cosmetics Group Co., Ltd. These entities were related to the Company through common ownership and principal officers. These loans are non-interest bearing and have no set repayment terms.