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SCHEDULE OF FAIR VALUE MEASUREMENTS (TABLES)
3 Months Ended
Mar. 31, 2017
SCHEDULE OF FAIR VALUE MEASUREMENTS  
Company held the following assets and liabilities recorded at fair value as of December 31, 2016

The banker's acceptance notes to be recorded at fair value.  The Company held the following assets and liabilities recorded at fair value as of March 31, 2017:

 

 

 

 

Fair Value Measurements at

 

 

 

 

 

 

 

Reporting Date Using

Description

 

 

March 31, 2017

 

 

 

Level 1

 

 

 

Level 2

 

 

 

Level 3

 

Banker's acceptance notes

 

$

14,513

 

 

$

—  

 

 

$

14,513

 

 

$

—  

 

Total

 

$

14,513

 

 

$

—  

 

 

$

14,513

 

 

$

—