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FAIR VALUE MEASUREMENTS (TABLES)

6 Months Ended

Jun. 30, 2015

The Company uses fair value to measure the value of the banker’s acceptance notes it holds. The banker’s acceptance notes are recorded at cost which approximates fair value. The Company held the following assets recorded at fair value as of June 30, 2015 and December 31, 2014:

			Fair Value Measurements at
			Reporting Date Using
Description	June 30, 2015		Level 1		Level 2		Level 3
Banker's acceptance notes	$	90,330	$	-	$	90,330	$	-
Total	$	90,330	$	-	$	90,330	$	-

			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	$	-