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SUBSIDY INCOME	9 Months Ended
Sep. 30, 2015
SUBSIDY INCOME:
SUBSIDY INCOME	NOTE 10 – SUBSIDY INCOME During the third quarter of 2015, the Company received cash of CNY 9.6 million ($1.56 million) related to a subsidy from the government for the technological innovation it has achieved as well as the industrial upgrading related to its new GMP certified facility. In addition, the Company received CNY 600,000 ($0.1 million) subsidy from the government for the enterprises that suffered losses from the typhoon in 2014 to resume production. This has been recorded as “Subsidy income” in the accompanying Statement of Operations for the three and nine months ended September 30, 2015.

SUBSIDY INCOME

9 Months Ended

Sep. 30, 2015

NOTE 10 – SUBSIDY INCOME

During the third quarter of 2015, the Company received cash of CNY 9.6 million ($1.56 million) related to a subsidy from the government for the technological innovation it has achieved as well as the industrial upgrading related to its new GMP certified facility. In addition, the Company received CNY 600,000 ($0.1 million) subsidy from the government for the enterprises that suffered losses from the typhoon in 2014 to resume production. This has been recorded as “Subsidy income” in the accompanying Statement of Operations for the three and nine months ended September 30, 2015.