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CONCENTRATION DISCLOSURE - Note 24
9 Months Ended
Sep. 30, 2011
Notes to Financial Statements 
CONCENTRATION DISCLOSURE - Note 24

NOTE 24 - CONCENTRATION DISCLOSURE

(a) During the reporting periods, the customers accounting for 10% or more of the Company's consolidated sales were:

Nine months ended September 30, 2011 Sales Revenue   % to Total Sales
       
Tianjin Optical Communication Technology Co., Ltd. $ 23,715,637   14%
TCB Group Electronic & Science Co.,Ltd - related party   21,603,055   13%
Achemetal Inc   19,242,916   12%
       
Total $ 64,561,608   39%

 

Nine months ended September 30, 2010   Sales revenue   % to Total sales
         
           
Beijing Tianyu Langtong Communication Equipment Co., Ltd.   $ 24,504,798   15%
           
Beijing Baina Wei'er Science and Technology Co., Ltd.     17,656,185   11%
           
Hong Kong Newway International Industrial Limited     20,972,695   13%
           
Larson Limited     33,719,678   20%
         
Total   $ 96,853,356   59%
             

 

(b) During the reporting periods, the suppliers accounting for 10% or more of the Company's consolidated purchases are:

Nine months ended September 30, 2011   Total Purchases   % to Total Purchases
         
Leimone (Tianjin) Industrial Co., Ltd. - related party   $ 36,153,234   23%
           
Tianjin 712 Communication and Broadcasting Co., Ltd.     15,523,282   10%
         
Total   $ 51,676,516   33%

 

Nine months ended September 30, 2010   Total purchases   % to Total purchases
         
           
Beijing Beny Wave Science & Technology Co. Ltd   $ 36,222,698   25%
         
Leimone (Tianjin) Industrial Co., Ltd. - related party     37,506,814   26%
         
Total   $ 73,729,512   51%