Property, plant and equipment, net

6 Months Ended

Jun. 30, 2011

8.	Property, plant and equipment, net

Property, plant and equipment consist of the following (unaudited):

	As of
	June 30,			December 31,
	2011			2010

Buildings	$	4,157,068		$	4,076,162
Plant and machinery		1,321,567			1,252,029
Furniture and equipment		355,971			348,588
		5,834,606			5,676,779
Accumulated depreciation		(2,096,816	)		(1,909,838	)
	$	3,737,790		$	3,766,941

Depreciation expenses for the three months ended June 30, 2011 and 2010 were $90,366 and $72,506, respectively, while for the six months ended June 30, 2011 and 2010 amounted to $178,589 and $144,978, respectively.

As of June 30, 2011 and December 31, 2010, buildings of the Group were pledged to a bank for banking facilities granted.

- Definition

The entire disclosure for 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. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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