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STATUTORY RESERVES (Tables)

12 Months Ended

Dec. 31, 2012

Statutory Reserves [Abstract]

Summary of Statutory Reserve Amount in the Currency Type

The table below discloses the statutory reserve amount in the currency type registered for each Chinese subsidiary as of December 31, 2012.

Name of Chinese Subsidiaries		Registered Capital				Maximum Statutory Reserve Amount				Statutory reserve at December 31, 2012

Shanghai TCH		$	29,800,000			$	14,900,000			¥ 6,564,303 ($ 959,387)

Xi’an TCH		¥	202,000,000			¥	101,000,000			¥ 36,413,838 ($5,377,245)

Erdos TCH		¥	120,000,000			¥	60,000,000			¥ 9,780,018 ($1,429,370)

Shaanxi Huahong		$	2,500,300			$	1,250,150			Did not accrue yet due to accumulated deficit

Xingtai Huaxin		¥	550,000			¥	275,000			Did not accrue yet due to accumulated deficit

Tabular disclosure of an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost. This element may also include a description of any reversal and other adjustment made during the period to the amount of an accrued liability for restructuring activities. This element may be used to encapsulate the roll forward presentations of an entity's restructuring reserve by type of cost and in total, and explanation of changes that occurred in the period.

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