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Property, Plant and Equipment (Tables)

9 Months Ended

Sep. 30, 2012

Components of Property, Plant and Equipment

Property, plant and equipment as of September 30, 2012 and December 31, 2011 consisted of the following:

	Estimated	September 30,		December 31,
	Useful Lives	2012		2011
		(Unaudited)
Machinery and equipment	4-6 years	$	9,799,115	$	9,678,543
Electronic equipment	4-6 years		2,158,344		2,431,834
Transportation equipment	4-6 years		173,303		182,250
Workshop reconstruction	5 years		252,599		173,928
Leasehold improvements	5 years		2,668,935		2,547,847
Computer equipment	4-6 years		304,082		96,982
Office equipment	4-6 years		751,668		614,710
Total			16,108,046		15,726,094
less: Accumulated depreciation			(10,544,829)		(9,465,419)
Property, plant and equipment, net		$	5,563,217	$	6,260,675

- Definition

Tabular disclosure of the useful life and salvage value of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software.

+ References+ Details