SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2015

Summary Of Significant Accounting Policies Tables

Estimated useful lives

Depreciation of property, plant and equipment is calculated based on cost, less their estimated residual value, if any, using the straight-line method over their estimated useful lives. Estimated useful lives are as follows:

Machinery	5 years
Motor vehicles	10 years
Furniture and office equipment	5 years

Exchange rates applied for foreign currency translation

Exchange rates applied for the foreign currency translation during the period are as follows:

USD to RMB 

	December 31, 2015		December 31, 2014
Period end US$ : RMB exchange rate		6.4907		6.1460
Average periodic US$ : RMB exchange rate		6.2175		6.1457

USD to HKD

	December 31, 2015		December 31, 2014
Period end US$ : UHK exchange rate		7.7504		7.7580
Average periodic US$ : UHK exchange rate		7.7521		7.7519