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Prepayments and Other Current Assets

12 Months Ended

Dec. 31, 2015

Prepayments and Other Current Assets [Abstract]

Prepayments and other current assets

(5) Prepayments and other current assets

Prepayments and other current assets consisted of the following as of December 31, 2015 and 2014: 

		December 31,
		2015				2014
Prepaid NYSE MKT annual fee		$	-			$	7,500
Recoverable VAT			453,964				250,000
Prepaid insurance			-				55,000
Prepayment for purchase of materials			884,932				1,910,643
Prepaid land lease			461,993				490,276
Others			11,526				206,249
		$	1,812,415			$	2,919,668

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- Definition

The disclosure describes the Company's prepaid and other current assets.

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No definition available.

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- References

No definition available.

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