LAND USE RIGHTS

3 Months Ended

Jun. 30, 2011

NOTE 7 - LAND USE RIGHTS

At June 30, 2011 and December 31, 2010, land use rights, net, consisted of:

		2011			2010
		(Unaudited)
Harbin Hainan Kangda	$	19,789,383		$	19,370,887
Taishan Kangda		920,855			901,809
Total		20,710,238			20,272,696
Less accumulated amortization		(1,115,236	)		(881,720	)
Net	$	19,595,002		$	19,390,976

Amortization of land use rights was $213,588 and $189,355 for the six months ended June 30, 2011 and 2010, respectively, of which $178,952 and $170,287, respectively, were included in cost of sales. Amortization of land use rights was $108,030 and $94,678 for the three months ended June 30, 2011 and 2010, respectively, of which $90,612 and $85,144, respectively, were included in cost of sales.

The expected amortization of the above land use rights for each of the five succeeding years ending June 30, and in the aggregate, are as follows:

Year Ending		Amortization
June 30,		Amount
		(Unaudited)
2012	$	427,176
2013		427,176
2014		427,176
2015		427,176
2016		427,176
Thereafter		17,823,122
Total	$	19,959,002

China Kangtai Cactus Bio-tech, Inc. 10-Q