Annual report pursuant to Section 13 and 15(d)

Land use rights, net (Tables)

v3.7.0.1
Land use rights, net (Tables)
12 Months Ended
Dec. 31, 2016
Finite-Lived Intangible Assets [Line Items]  
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]
Land use rights are being amortized annually using the straight-line method over a contract term of 50 years. Estimated amortization for the coming years is as follows:
 
 
 
$
 
2017
 
 
89,720
 
2018
 
 
89,720
 
2019
 
 
89,720
 
2020
 
 
89,720
 
2021
 
 
89,720
 
Thereafter
 
 
3,173,835
 
 
 
 
3,622,435
 
Land Use Right [Member]  
Finite-Lived Intangible Assets [Line Items]  
Schedule of Finite-Lived Intangible Assets [Table Text Block]
 
 
December 31,
 
December 31,
 
 
 
2016
 
2015
 
 
 
$
 
$
 
Cost
 
 
 
 
 
 
 
Land located in Huizhou
 
 
3,089,739
 
 
3,301,923
 
Land located in Ganzhou
 
 
1,205,368
 
 
1,288,146
 
 
 
 
4,295,107
 
 
4,590,069
 
Accumulated amortization
 
 
(672,672)
 
 
(627,066)
 
Net
 
 
3,622,435
 
 
3,963,003