INTANGIBLE ASSET

12 Months Ended

Dec. 31, 2015

Notes to Financial Statements

Note 4 - INTANGIBLE ASSET

The following is a summary of intangible asset:

	December 31, 2015			December 31, 2014
Cost of Land use right	$	19,719,353		$	20,825,318
Accumulated Amortization of Land use right		(4,656,915	)		(4,501,593	)
Intangible Asset, net	$	15,062,438		$	16,323,725

Amortization expenses were approximately $411,717 and $416,527 for the years ended December 31, 2015, and 2014, respectively.