v2.4.0.6

Unaudited Condensed Consolidated Balance Sheets (USD $)	Mar. 31, 2012	Dec. 31, 2011
CURRENT ASSETS
Cash and Cash Equivalents	$ 674,811	$ 241,755
Accounts Receivable	5,208,028	5,386,455
Advances to Suppliers	134,241	32,231
Prepayment for land usage	3,523,823	3,520,131
Deferred inventory cost	3,961,277	3,079,930
Inventory	1,437,071	1,276,462
TOTAL CURRENT ASSETS	14,939,252	13,536,964
FIXED ASSETS
Property, Plant, and Equipment	1,042,380	1,043,867
Accumulated Depreciation	(227,197)	(212,526)
TOTAL NET FIXED ASSETS	815,182	831,341
TOTAL ASSETS	15,754,434	14,368,305
CURRENT LIABILITIES
Accounts Payable and Accrued Liabilities	832,433	875,080
Other Payables	162,817	201,271
Due to Shareholder	376,457	376,457
Taxes Payable	623,312	21,200
Notes Payable	730,820	1,206,177
TOTAL CURRENT LIABILITIES	2,725,838	2,680,185
TOTAL LIABILITIES	2,725,838	2,680,185
STOCKHOLDERS' EQUITY (DEFICIT)
Common stock Class A (500,000,000 shares authorized,177,435,953 and 159,935,953 issued and outstanding, par value $0.001)	177,436	177,436
Preferred Stock (50,000,000 shares authorized, 0 issued and outstanding)
Additional paid in capital	1,736,497	1,728,539
Accumulated other comprehensive income	677,301	661,313
Retained earnings (deficit)	10,437,362	9,120,832
TOTAL STOCKHOLDERS' EQUITY (DEFICIT)	13,028,596	11,688,120
TOTAL LIABILITIES AND EQUITY	$ 15,754,434	$ 14,368,305

Sum of the carrying values as of the balance sheet date of obligations incurred through that date and due within one year (or the operating cycle, if longer), including liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received, taxes, interest, rent and utilities, accrued salaries and bonuses, payroll taxes and fringe benefits.

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Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection.

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The cumulative amount of depreciation, depletion and amortization (related to property, plant and equipment, but not including land) that has been recognized in the income statement.

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Accumulated change in equity from transactions and other events and circumstances from non-owner sources, net of tax effect, at period end. Excludes Net Income (Loss), and accumulated changes in equity from transactions resulting from investments by owners and distributions to owners. Includes foreign currency translation items, certain pension adjustments, unrealized gains and losses on certain investments in debt and equity securities, other than temporary impairment (OTTI) losses related to factors other than credit losses on available-for-sale and held-to-maturity debt securities that an entity does not intend to sell and it is not more likely than not that the entity will be required to sell before recovery of the amortized cost basis, as well as changes in the fair value of derivatives related to the effective portion of a designated cash flow hedge.

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Excess of issue price over par or stated value of the entity's capital stock and amounts received from other transactions involving the entity's stock or stockholders. Includes adjustments to additional paid in capital. Some examples of such adjustments include recording the issuance of debt with a beneficial conversion feature and certain tax consequences of equity instruments awarded to employees. Use this element for the aggregate amount of additional paid-in capital associated with common and preferred stock. For additional paid-in capital associated with only common stock, use the element additional paid in capital, common stock. For additional paid-in capital associated with only preferred stock, use the element additional paid in capital, preferred stock.

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Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events.

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Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events.

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Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold or consumed after one year or beyond the normal operating cycle, if longer.

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Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation.

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Aggregate par or stated value of issued nonredeemable common stock (or common stock redeemable solely at the option of the issuer). This item includes treasury stock repurchased by the entity. Note: elements for number of nonredeemable common shares, par value and other disclosure concepts are in another section within stockholders' equity.

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Sum of the carrying amounts as of the balance sheet date of deferred costs capitalized at the end of the reporting period that are expected to be charged against earnings within one year or the normal operating cycle, if longer.

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Carrying amount (lower of cost or market) as of the balance sheet date of inventories less all valuation and other allowances. Excludes noncurrent inventory balances (expected to remain on hand past one year or one operating cycle, if longer).

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Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer.

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Sum of the carrying values as of the balance sheet date of the portions of all long-term notes and loans payable due within one year or the operating cycle if longer.

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Carrying value as of the balance sheet date of obligations incurred through that date and payable arising from transactions not otherwise specified in the taxonomy. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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