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11. Advances to Suppliers	12 Months Ended
Dec. 31, 2012
Advances To Suppliers	11. ADVANCES TO SUPPLIERS Advances to suppliers consist primarily of advances for inventories, equipment and properties, not delivered at the balance sheet dates. The Company utilizes advances to suppliers in an effort to keep future purchasing prices stable and consistent. Advanced amounts are refundable if the transaction is not completed by the other party in accordance with the terms of the contract or agreement. During the years ended December 31, 2012 and 2011, no advances to suppliers were refunded in cash, and the Group has a minimal repayment history. As of December 31, 2012 and 2011, 24% and 54% of advances respectively, was due from one supplier.

11. Advances to Suppliers

12 Months Ended

Dec. 31, 2012

11. ADVANCES TO SUPPLIERS

Advances to suppliers consist primarily of advances for inventories, equipment and properties, not delivered at the balance sheet dates. The Company utilizes advances to suppliers in an effort to keep future purchasing prices stable and consistent.

Advanced amounts are refundable if the transaction is not completed by the other party in accordance with the terms of the contract or agreement. During the years ended December 31, 2012 and 2011, no advances to suppliers were refunded in cash, and the Group has a minimal repayment history.

As of December 31, 2012 and 2011, 24% and 54% of advances respectively, was due from one supplier.