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FAIR VALUE MEASUREMENTS (Tables)

12 Months Ended

Dec. 31, 2014

FAIR VALUE MEASUREMENTS (Tables)

Assets Fair Value

. The Company held the following assets and liabilities recorded at fair value as of December 31, 2014 and 2013:

						Fair Value Measurements at
						Reporting Date Using
Description		December 31, 2014				Level 1				Level 2				Level 3
Banker's acceptance notes		$	458,233			$	-			$	458,233			$	-
Total		$	458,233			$	-			$	458,233			$	-

						Fair Value Measurements at
						Reporting Date Using
Description		December 31, 2013				Level 1				Level 2				Level 3
Banker's acceptance notes		$	336,003			$	-			$	336,003			$	-
Total		$	336,003			$	-			$	336,003			$	-