Bodisen Biotech (BBCZ) CORRESP Correspondence with SEC

Bodisen Biotech, Inc.

Room 2001, FanMei Building

No. 1 Naguan Zhengjie

Xi’an, Shaanxi 710068

People’s Republic of China

April 28, 2010

Securities and Exchange Commission

100 F Street, N.E., Stop 3561

Washington, D.C. 20549

Re: Bodisen Biotech, Inc.

Form 10-K for the year ended Dec. 31, 2008

Form 10-K/A for the year ended December 31, 2008 File No. 000-31539

Ladies and Gentlemen:

Bodisen Biotech, Inc. (the “Company”) is filing amendments to the above captioned filings in response to questions raised by the Staff of the Commission in its letter of comments dated March 26, 2010.  Set forth below is the Company’s responses to comments.

FORM 10-K/A FOR THE YEAR ENDED DECEMBER 31, 2008

Revenue Recognition, page F-10

1. We have reviewed your response in your letter of March 5, 2010 to staff comment 3.  You state that you are continually evaluating your bad debt allowance based on current information and that you make “appropriate reserves for uncollectible accounts.”  You also state that you believe change your revenue recognition policy due to a bad weather condition that does not occur frequently is not appropriate.  However, in your letter dated September 15, 2009, your response to comment 3 of staff letter dated August 13, 2009, states that weather related natural disasters occur in different regions virtually every year.  If your collectability is closely related to weather conditions, and those weather conditions are unpredictable, this representation appears inconsistent with your assertion that collectability of receivables is reasonably assured at the time the product is shipped.  To further assist us in evaluating your assertion that your revenue recognition policy is appropriate, please provide us with a rollforward schedule of your accounts receivable and allowance for doubtful accounts for each individual quarterly period in 2008 and 2009.  This schedule should be similar to that provided as of December 31, 2008, in your letter dated Nov. 19, 2009 in response to our comment 3.  That is, please separately show individually significant increases and individually significant decreases in you allowance each quarter.  Finally, in quarters during which significant recoveries have occurred (resulting in credits to bad debt expense during the period), please provide a brief description of the individually significant recoveries.  Specifically, please indicate the approximate dates the original receivables were recorded and the approximate dates that the initial write-offs occurred.  Clarify the extent to which these recoveries are the result of write-offs that occurred in fiscal 2007, 2008 and 2009.  We may have additional comments upon review of your response.

Response:

We have attached as Exhibit A hereto a rollforward of our accounts receivable and allowance for doubtful accounts on a quarterly basis from December 31, 2007 to December 31, 2009.  In addition, we have included a detailed listing of our accounts receivable and allowance for doubtful accounts for each calendar quarter from December 31, 2007 to December 31, 2009.  As of December 31, 2007, our allowance for doubtful accounts was approximately 98% of our outstanding accounts receivable at that date.  During 2008 and 2009 many of these accounts receivable balances outstanding as of December 31, 2007 have either: (i) been written off against the allowance account; (ii) exchanged for other assets (Jiali – currently known as China Pediatric Pharmaceuticals, Inc.); or (iii) been paid in cash.  In the case of the latter two, we have recognized a recovery of bad debts on our financial statements.

We currently believe that our current policy for recognizing revenue is appropriate.  Many of the big swings in our allowance for doubtful accounts and corresponding recovery of bad debts during 2008 and 2009 relate to pre-December 31, 2007 accounts receivable balances.

In connection with the Company’s responses to the above comments, the Company hereby acknowledges that:

· The Company is responsible for the adequacy and accuracy of the disclosure in its filings;

· Staff comments or changes to disclosure in responses to staff comments do not foreclose the Commission from taking any action with respect to the finding; and

· The Company may not assert staff comments as a defense in any proceeding initiated by the Commission or any person under the federal securities laws of the United States.

*****

If you have any further comments and/or questions, please contact the undersigned at (011-86) 29-87074957 or Marc J. Ross, Esq. at Sichenzia Ross Friedman Ference LLP at (212) 930-9700.

Very truly yours,

/s/ Bo Chen

Bo Chen

Chief Executive Officer

EXHIBIT A

Roll-forward Schedules

	RMB			RMB			RMB			Jaili			RMB			US$			US$			US$						US$
	A/R			Allowance			Net			Other			BD (Recover) Expense			A/R			Allowance			Net			Other			BD (Recover) Expense
Balance, 12/31/07		190,138,748			(185,630,319	)		4,508,429									26,065,741			(25,447,689	)		618,052
Sales		6,478,086						6,478,086									908,519						908,519
Cash collected		(18,391,071	)					(18,391,071	)								(2,579,256	)					(2,579,256	)
Foreign Exchange								-									1,057,417			(1,018,818	)		38,599
Bad debt recoveries					15,578,970			15,578,970						(15,578,970	)					2,370,691			2,370,691						(2,370,691	)
Balance, 3/31/08		178,225,763			(170,051,349	)		8,174,414						(15,578,970	)		25,452,421			(24,095,816	)		1,356,605						(2,370,691	)
Sales		8,118,742						8,118,742									1,166,535						1,166,535
Cash collected		(10,635,716	)					(10,635,716	)								(1,546,989	)					(1,546,989	)
Foreign Exchange								-									563,945			(534,160	)		29,785
Bad debt recoveries					5,076,306			5,076,306						(5,076,306	)					766,210			766,210						(766,210	)
Balance, 6/30/08		175,708,789			(164,975,043	)		10,733,746						(20,655,276	)		25,635,912			(23,863,766	)		1,772,146						(3,136,901	)
Sales		11,708,946						11,708,946									1,696,547						1,696,547
Write off of A/R balance		(111,729,672	)		139,354,068			27,624,396			(22,832,215	)		(4,792,181	)		(16,000,833	)		19,803,639			3,802,806			(3,291,264	)		(511,542	)
Cash collected		(12,146,745	)					(12,146,745	)								(1,794,797	)					(1,794,797	)
Foreign Exchange																	(240,734	)		311,779			71,045
Bad debt recoveries														-
Balance, 9/30/08		63,541,318			(25,620,975	)		37,920,343			(22,832,215	)		(25,447,457	)		9,296,095			(3,748,348	)		5,547,747			(3,291,264	)		(3,648,443	)
Sales		26,377,643						26,377,643									3,822,857						3,822,857
Write off of A/R balance		(19,486,827	)					(19,486,827	)					19,486,827			(2,914,025	)					(2,914,025	)					2,914,025
Exchange for ownership in Jaili											22,832,215			(22,832,215	)								-			3,291,264			(3,291,264	)
Cash collected		(24,151,925	)					(24,151,925	)								(3,495,767	)					(3,495,767	)
Increase in AR reserve					(15,753,948	)		(15,753,948	)					15,753,948						(2,146,124	)		(2,146,124	)					2,146,124
Foreign Exchange																	80,147			(175,228	)		(95,081	)
Bad debt recoveries
Balance, 12/31/08		46,280,209			(41,374,923	)		4,905,286			-			(13,038,897	)		6,789,307			(6,069,700	)		719,607			-			(1,879,558	)
Sales		10,477,337						10,477,337									1,535,035						1,535,035
Cash collected		(4,597,302	)					(4,597,302	)								(673,551	)					(673,551	)
Foreign Exchange																	(9,315	)		8,242			(1,073	)
Bad debt recoveries					3,300,218			3,300,218						(3,300,218	)					483,514			483,514						483,514
Balance, 3/31/09		52,160,244			(38,074,705	)		14,085,538			-			(3,300,218	)		7,641,476			(5,577,944	)		2,063,532						483,514
Sales		7,299,241						7,299,241									1,070,493						1,070,493
Write off of A/R balance		(12,224,726	)		12,224,726												(1,783,880	)		1,783,880			-
Cash collected		(5,228,065	)					(5,228,065	)								(774,451	)					(774,451	)
Foreign Exchange																	357			(1,474	)		(1,117	)
Bad debt recoveries					6,008,331			6,008,331						(6,008,331	)					888,737			888,737						888,737
Balance, 6/30/09		42,006,694			(19,841,648	)		22,165,046			-			(9,308,549	)		6,153,995			(2,906,801	)		3,247,194						1,372,251
Sales		3,223,973						3,223,973									472,957						472,957
Cash collected		(4,856,645	)					(4,856,645	)								(712,376	)					(712,376	)
Foreign Exchange																	8,308			(4,490	)		3,818
Increase in AR reserve					(3,031,754	)		(3,031,754	)					3,031,754						(444,237	)		(444,237	)					(444,237	)
Balance, 9/30/09		40,374,022			(22,873,402	)		17,500,619			-			(6,276,795	)		5,922,884			(3,355,528	)		2,567,356						928,014
Sales		8,977,844						8,977,844									1,272,679						1,272,679
Write off of A/R balance		1,780,834			(1,780,834	)											252,447			(252,447	)		-
Cash collected		(20,167,090	)					(20,167,090	)								(2,904,626	)					(2,904,626	)
Foreign Exchange																	(729	)		1			(728	)
Bad debt recoveries					5,897,504			5,897,504						(5,897,504	)					856,361			856,361						856,361
Balance, 12/31/09		30,965,610			(18,756,732	)		12,208,877			-			(12,174,299	)		4,542,655			(2,751,613	)		1,791,042						1,784,375

	RMB		RMB		$		$
	A/R Balance				A/R Balance
Customer	12/31/2007		Allowance		12/31/2007		Allowance
chengshuankui		670,372.40		670,372.40	$	91,900	$	91,900
chenyunxia		510,715.00		510,715.00		70,012.90		70,012.90
dongchao		238,105.40		238,105.40		32,641.39		32,641.39
fuminhui		635,668.00		635,668.00		87,142.45		87,142.45
haoxigang		541,786.10				74,272.37		-
hejiake		421,193.00		421,193.00		57,740.51		57,740.51
Jia jin ku		877,193.25		877,193.25		120,252.67		120,252.67
jialihua		154,849.40		154,849.40		21,227.99		21,227.99
Li zhao yi		1,117,299.00		1,107,299.00		153,168.29		151,797.41
liu shao ying		403,694.00		403,694.00		55,341.60		55,341.60
lixiaoqiing		689,057.30		689,057.30		94,461.49		94,461.49
liyankun		790,958.00		790,958.00		108,430.85		108,430.85
Lu rui ping		1,155,963.10		1,155,963.10		158,468.67		158,468.67
malanting		769,065.10		769,065.10		105,429.60		105,429.60
Qiao jiang feng		1,132,325.50		1,132,325.50		155,228.24		155,228.24
qingengqian		833,207.68		833,207.68		114,222.77		114,222.77
Shan xi lv feng nong ye wu zi you xian gong si		168,668,715.77		163,908,715.77		23,122,456.91		22,469,918.03
Shi xuexia		1,006,125.50		796,125.50		137,927.73		109,139.25
songuangwei		717,795.00		717,795.00		98,401.08		98,401.08
sunyuexiang		752,710.00		752,710.00		103,187.51		103,187.51
wangbo		571,502.00		571,502.00		78,346.07		78,346.07
Wei you li		749,409.20		749,409.20		102,735.01		102,735.01
Wu geng wen		901,508.00		901,508.00		123,585.93		123,585.93
xiongqiaoming		333,560.00		333,560.00		45,727.07		45,727.07
yanjie		852,112.00		852,112.00		116,814.33		116,814.33
Yao liang hua		435,649.50		435,649.50		59,722.32		59,722.32
zhanghongxing		483,248.20		483,248.20		66,247.53		66,247.53
zhangjianhua		138,402.30		137,032.30		18,973.29		18,785.48
zhangkaolin		314,255.00		314,255.00		43,080.59		43,080.59
zhaoyongliang		754,203.60		754,203.60		103,392.26		103,392.26
Zheng yong min		928,927.30		928,927.30		127,344.79		127,344.79
zhengtuo		745,461.00		745,461.00		102,193.76		102,193.76
zhenguangyan		843,711.00		843,711.00		115,662.65		115,662.65
Total		190,138,747.60		184,615,591.50	$	26,065,740.63		25,308,582.21
Allowance for other receivables				1,014,727.56				139,106.97
				185,630,319.06			$	25,447,689.18
Net				4,508,428.54			$	618,051.45

	RMB			RMB			$		$
	A/R Balance						A/R Balance
Customer	3/31/2008			Allowance			3/31/2008		Allowance
Bai Zhongxiao		119,350.00			3,580.50		$	17,044.37	$	511.33
Chen Lanbo		359,900.00			10,797.00		$	51,397.32	$	1,541.92
chengshuankui		582,957.40			474,757.40		$	83,252.15	$	67,800.10
chenyunxia		427,045.00			329,245.00		$	60,986.30	$	47,019.48
dongchao		185,605.40			185,605.40		$	26,506.31	$	26,506.31
fuminhui		478,206.00			448,206.00		$	68,292.60	$	64,008.30
haoxigang		954,114.10			28,623.42		$	136,257.03	$	4,087.71
hejiake		421,193.00			338,843.00		$	60,150.57	$	48,390.17
Jia jin ku		908,793.25			739,341.25		$	129,784.76	$	105,585.32
jialihua		69,209.40			65,911.40		$	9,883.79	$	9,412.81
Li caixia		35,900.00			1,077.00		$	5,126.88	$	153.81
Li Guoshou		57,950.00			1,738.50		$	8,275.84	$	248.28
Li zhao yi		935,051.50			640,131.58		$	133,534.70	$	91,417.19
Li Zongrong		162,300.00			4,869.00		$	23,178.06	$	695.34
liu shao ying		331,934.00			275,934.00		$	47,403.49	$	39,406.13
lixiaoqiing		517,427.30			441,157.30		$	73,893.79	$	63,001.67
liyankun		754,143.00			687,073.00		$	107,699.16	$	98,120.90
Lu rui ping		1,125,963.10			985,963.10		$	160,798.79	$	140,805.39
malanting		633,545.10			535,556.10		$	90,476.58	$	76,482.77
Qiao jiang feng		932,325.50			932,325.50		$	133,145.40	$	133,145.40
qingengqian		613,207.68			551,697.68		$	87,572.19	$	78,787.95
Ren Zhengjun		78,300.00			2,349.00		$	11,182.02	$	335.46
Shan xi lv feng nong ye wu zi you xian gong si		155,912,415.77			153,740,915.77		$	22,265,852.10	$	21,955,740.18
Shi xuexia		806,245.50			372,629.10		$	115,139.92	$	53,215.16
songuangwei		576,510.00			386,510.00		$	82,331.39	$	55,197.49
sunyuexiang		672,710.00			630,010.00		$	96,069.72	$	89,971.73
Wang Shuanghu		118,950.00			3,568.50		$	16,987.25	$	509.62
wang yongde		101,450.00			3,043.50		$	14,488.07	$	434.64
wangbo		550,972.00			343,724.00		$	78,684.31	$	49,087.22
Wei you li		710,994.20			550,994.20		$	101,537.08	$	78,687.48
Wu geng wen		931,308.00			774,942.00		$	133,000.10	$	110,669.47
xiongqiaoming		214,230.00			96,930.00		$	30,594.19	$	13,842.57
yang farong		35,300.00			1,059.00		$	5,041.19	$	151.24
Yang Xiaofeng		60,032.00			1,800.96		$	8,573.17	$	257.20
yanjie		745,252.00			685,252.00		$	106,429.44	$	97,860.84
Yao liang hua		435,649.50			435,649.50		$	62,215.11	$	62,215.11
zhanghongxing		630,598.20			432,668.70		$	90,055.73	$	61,789.42
zhangjianhua		(27,967.70	)		(1,416.53	)	$	-3,994.07	$	-202.29
zhangkaolin		214,255.00			164,255.00		$	30,597.76	$	23,457.26
zhaoyongliang		699,828.60			546,363.60		$	99,942.52	$	78,026.19
Zheng yong min		828,927.30			744,490.30		$	118,379.11	$	106,320.66
zhengtuo		581,943.00			391,073.70		$	83,107.28	$	55,849.24
zhenguangyan		743,711.00			678,711.00		$	106,209.37	$	96,926.72
Wan Wen Pin		48,000.00			1,440.00		$	6,854.88	$	205.65
Yan Lu Qi		8,750.00			262.50		$	1,249.59	$	37.49
Mai Mai Ti		1,025.00			-		$	146.38	$	0.00
Wu Ji Gang		45,750.00			1,372.50		$	6,533.56	$	196.01
Liu Dang Hui		30,960.00			928.80		$	4,421.40	$	132.64
Liu Kui Zhang		31,550.00			946.50		$	4,505.66	$	135.17
Qian Dong Sheng		25,000.00			750.00		$	3,570.25	$	107.11
Lu Jiang Zhou		121,250.00			3,637.50		$	17,315.71	$	519.47
Lv Kai Liang		51,500.00			1,545.00		$	7,354.72	$	220.64
Wu Jiang		3,400.00			-		$	485.55	$	0.00
Tang Jian Tao		3,360.00			-		$	479.84	$	0.00
Zhang Wei Min		51,850.00			1,555.50		$	7,404.70	$	222.14
Zhang Hong Xing		106,800.00			3,204.00		$	15,252.11	$	457.56
Zhang Xin Ping		359,900.00			10,797.00		$	51,397.32	$	1,541.92
Wen Sheng Li		47,600.00			1,428.00		$	6,797.76	$	203.93
Li Hong Wei		101,000.00			3,030.00		$	14,423.81	$	432.71
Li He Mao		944.00			-		$	134.81	$	0.00
Du Fu An		61,500.00			1,845.00		$	8,782.82	$	263.48
Yang Zhi Qiang		170.00			-		$	24.28	$	0.00
Yang Shu Quan		204,750.00			6,142.50		$	29,240.35	$	877.21
Wu Shi Xiang		10,000.00			-		$	1,428.10	$	0.00
Xion Bao Min		66,500.00			1,995.00		$	9,496.87	$	284.91
Wang Xiao Jun		49,500.00			1,485.00		$	7,069.10	$	212.07
Wang Hai Tao		28,800.00			864.00		$	4,112.93	$	123.39
Tian Li Hui		3,800.00			114.00		$	542.68	$	16.28
Gai Xiao Gang		2,134.00			-		$	304.76	$	0.00
Zhao Dong Jing		31,500.00			945.00		$	4,498.52	$	134.96
Zhao Fang Cai		19,825.00			594.75		$	2,831.21	$	84.94
Zou Wei Qiang		13,600.00			408.00		$	1,942.22	$	58.27
Zou Wei Qiang		90,200.00			2,706.00		$	12,881.46	$	386.44
Zheng Bao Hua		81,300.00			2,439.00		$	11,610.45	$	348.31
Guo Yu Cun		45,750.00			1,372.50		$	6,533.56	$	196.01
Chen De Zhi		22,750.00			682.50		$	3,248.93	$	97.47
Chen Hui Kai		1,800.00			-		$	257.06	$	0.00
Han Shu Zhi		27,250.00			-		$	3,891.57	$	0.00
Luo Qing Zhi		198,260.00			5,947.80		$	28,313.51	$	849.41
		178,225,763.10			168,726,394.78		$	25,452,421.23	$	24,095,816.44
Allowance For Long term Receivables					551,226.17
Allowance For Other Receivables					773,728.08
Total					170,051,349.03
Net					8,174,414.07				$	1,356,604.79

	RMB			RMB			$		$
	A/R Balance						A/R Balance
Customer	6/30/2008			Allowance			6/30/2008		Allowance
Bai Zhongxiao		154,850.00			4,645.50		$	22,592.62	$	677.78
Chen Lanbo		1,117,500.00			33,525.00		$	163,043.25	$	4,891.30
chengshuankui		414,857.40			414,857.40		$	60,527.69	$	60,527.69
chenyunxia		329,245.00			329,245.00		$	48,036.85	$	48,036.85
dongchao		185,605.40			185,605.40		$	27,079.83	$	27,079.83
fuminhui		448,206.00			448,206.00		$	65,393.26	$	65,393.26
haoxigang		1,857,414.10			55,722.42		$	270,996.72	$	8,129.90
hejiake		338,843.00			338,843.00		$	49,437.19	$	49,437.19
Jia jin ku		664,736.25			595,284.25		$	96,985.02	$	86,851.97
jialihua		69,209.40			65,911.40		$	10,097.65	$	9,616.47
Li caixia		36,460.00			1,093.80		$	5,319.51	$	159.59
Li Guoshou		57,950.00			1,738.50		$	8,454.91	$	253.65
Li zhao yi		698,061.50			628,009.88		$	101,847.17	$	91,626.64
Li Zongrong		577,740.00			17,332.20		$	84,292.27	$	2,528.77
liu shao ying		275,934.00			275,934.00		$	40,258.77	$	40,258.77
lixiaoqiing		441,157.30			441,157.30		$	64,364.85	$	64,364.85
liyankun		503,928.00			503,928.00		$	73,523.10	$	73,523.10
Lu rui ping		955,923.10			955,923.10		$	139,469.18	$	139,469.18
malanting		445,215.10			407,579.10		$	64,956.88	$	59,465.79
Qiao jiang feng		830,454.00			662,454.00		$	121,163.24	$	96,652.04
qingengqian		551,697.68			497,597.68		$	80,492.69	$	72,599.50
Ren Zhengjun		152,250.00			4,567.50		$	22,213.28	$	666.40
Shan xi lv feng nong ye wu zi you xian gong si		149,842,315.77			149,842,315.77		$	21,861,993.87	$	21,861,993.87
Shi xuexia		421,245.50			372,629.10		$	61,459.72	$	54,366.59
songuangwei		342,750.00			342,750.00		$	50,007.23	$	50,007.23
sunyuexiang		601,258.00			601,258.00		$	87,723.54	$	87,723.54
Wang Shuanghu		221,150.00			6,634.50		$	32,265.79	$	967.97
wang yongde		122,750.00			3,682.50		$	17,909.23	$	537.28
wangbo		366,440.00			329,192.00		$	53,463.60	$	48,029.11
Wei you li		550,994.20			550,994.20		$	80,390.05	$	80,390.05
Wu geng wen		788,308.00			709,932.00		$	115,014.14	$	103,579.08
xiongqiaoming		-			-		$	0.00	$	0.00
yang farong		35,300.00			1,059.00		$	5,150.27	$	154.51
Yang Xiaofeng		257,107.00			(92,286.79	)	$	37,511.91	$	-13,464.64
yanjie		685,252.00			685,252.00		$	99,978.27	$	99,978.27
Yao liang hua		435,649.50			435,649.50		$	63,561.26	$	63,561.26
zhanghongxing		617,752.20			379,180.70		$	90,130.05	$	55,322.46
zhangjianhua		140,382.30			-		$	20,481.78	$	0.00
zhangkaolin		78,575.00			78,575.00		$	11,464.09	$	11,464.09
zhaoyongliang		516,436.60			491,436.60		$	75,348.10	$	71,700.60
Zheng yong min		744,490.30			744,490.30		$	108,621.13	$	108,621.13
zhengtuo		698,543.00			339,361.70		$	101,917.42	$	49,512.87
zhenguangyan		706,461.00			679,543.50		$	103,072.66	$	99,145.40
Wan Wen Pin		55,600.00			1,668.00		$	8,112.04	$	243.36
Yan Lu Qi		275,150.00			8,254.50		$	40,144.39	$	1,204.33
Mai Mai Ti		-			-		$	0.00	$	0.00
Wu Ji Gang		124,300.00			3,729.00		$	18,135.37	$	544.06
Liu Dang Hui		30,960.00			928.80		$	4,517.06	$	135.51
Liu Kui Zhang		31,550.00			946.50		$	4,603.15	$	138.09
Liu Jian Jun		2,100.00			63.00		$	306.39	$	9.19
Qian Dong Sheng		246,550.00			7,396.50		$	35,971.65	$	1,079.15
Lu Jian Zhou		310,150.00			9,304.50		$	45,250.89	$	1,357.53
Shi Hong Bin		51,850.00			1,555.50		$	7,564.92	$	226.95
Lv Kai Liang		189,000.00			5,670.00		$	27,575.10	$	827.25
Wu Zong Qi		43,380.00			1,301.40		$	6,329.14	$	189.87
Wu Jiang		-			-		$	0.00	$	0.00
Zhou Yi		1,750.00			52.50		$	255.33	$	7.66
Zhou Yong Bin		129,955.00			3,898.65		$	18,960.43	$	568.81
Tang Jian Tao		5,860.00			175.80		$	854.97	$	25.65
Sun Bao Guo		304,150.00			9,124.50		$	44,375.49	$	1,331.26
Sun Shen Jie		8,650.00			259.50		$	1,262.04	$	37.86
Zhang Shi Zhong		39,360.00			-		$	5,742.62	$	0.00
Zhang Wei Min		413,220.00			12,396.60		$	60,288.80	$	1,808.66
Zhang Hong Xing		106,800.00			3,204.00		$	15,582.12	$	467.46
Zhang Xin Ping		542,900.00			16,287.00		$	79,209.11	$	2,376.27
Zhang Chun Hua		340.00			10.20		$	49.61	$	1.49
Zhang Quan Qun		33,000.00			990.00		$	4,814.70	$	144.44
Zhang Ai Jun		61,000.00			1,830.00		$	8,899.90	$	267.00
Qiang Qian De		31,480.00			944.40		$	4,592.93	$	137.79
Tuo Wan Fu		(8,910.00	)		(267.30	)	$	-1,299.97	$	-39.00
Wen Sheng Li		47,600.00			1,428.00		$	6,944.84	$	208.35
Zhu Guang Wen		29,675.20			890.26		$	4,329.61	$	129.89
Li Da Peng		257,436.00			7,723.08		$	37,559.91	$	1,126.80
Li Hong Wei		194,960.00			5,848.80		$	28,444.66	$	853.34
Li Hong Wei		124,675.00			3,740.25		$	18,190.08	$	545.70
Li Gai Ping		21,000.00			630.00		$	3,063.90	$	91.92
Li Xiao Hong		40,410.00			1,212.30		$	5,895.82	$	176.87
Li He Mao		-			-		$	0.00	$	0.00
Li Tao		32,800.00			984.00		$	4,785.52	$	143.57
Du Fu An		123,500.00			3,705.00		$	18,018.65	$	540.56
Yang Zhi Qiang		-			-		$	0.00	$	0.00
Yang Shu Quan		350,000.00			10,500.00		$	51,065.00	$	1,531.95
Chai Cheng Min		108,740.00			3,262.20		$	15,865.17	$	475.95
Wu Shi Xiang		-			-		$	0.00	$	0.00
Pan Yan Hua		24,000.00			720.00		$	3,501.60	$	105.05
Xiong Bao Min		142,750.00			4,282.50		$	20,827.23	$	624.82
Wang Xiao Jun		49,500.00			1,485.00		$	7,222.05	$	216.66
Wang Xiao Ping		39,170.00			1,175.10		$	5,714.90	$	171.45
Wang Hai Tao		101,800.00			3,054.00		$	14,852.62	$	445.58
Wang Jin Cai		157,520.00			4,725.60		$	22,982.17	$	689.47
Tian Li Hui		3,800.00			114.00		$	554.42	$	16.63
Shen Ju Hua		31,350.00			940.50		$	4,573.97	$	137.22
Gai Xiao Gang		-			-		$	0.00	$	0.00
Zi Ti Hu		3,165.50			94.97		$	461.85	$	13.86
He Lai Rui		5,635.00			169.05		$	822.15	$	24.66
Zhao Dong Jing		153,205.00			4,596.15		$	22,352.61	$	670.58
Zhao Shao Fei		2,040.00			61.20		$	297.64	$	8.93
Zhao Gen Tian		37,450.00			1,123.50		$	5,463.96	$	163.92
Zhao Fang Cai		19,825.00			594.75		$	2,892.47	$	86.77
Zhao Tie Lian		27,700.00			831.00		$	4,041.43	$	121.24
Lian Yu Hong		2,640.00			79.20		$	385.18	$	11.56
Zou Hui Bin		100,510.00			3,015.30		$	14,664.41	$	439.93
Zou Wei Qiang		46,180.00			1,385.40		$	6,737.66	$	202.13
Zou Wei Qiang		117,400.00			3,522.00		$	17,128.66	$	513.86
Zheng Bao Hua		195,770.00			5,873.10		$	28,562.84	$	856.89
Hao Peng Guo		7,680.00			230.40		$	1,120.51	$	33.62
Guo Yu Cun		45,750.00			1,372.50		$	6,674.93	$	200.25
Chen De Zhi		22,750.00			682.50		$	3,319.23	$	99.58
Chen Hui Kai		-			-		$	0.00	$	0.00
Han Shu Zhi		-			-		$	0.00	$	0.00
Ma Xin Cheng		372,500.00			11,175.00		$	54,347.75	$	1,630.43
Luo Qing Zhi		291,110.00			8,733.30		$	42,472.95	$	1,274.19
Wei De Dong		33,250.00			997.50		$	4,851.18	$	145.54
Qi Hong		33,000.00			990.00		$	4,814.70	$	144.44
		175,708,789.30			163,562,480.96		$	25,635,912.36	$	23,863,765.97
Allowance For Long term Receivables					568,647.47
Allowance For Other Receivables					843,913.23
Total					164,975,041.65
Net					10,733,747.65				$	1,772,146.39

	RMB			RMB			$		$
	A/R Balance						A/R Balance
Customer	9/30/2008			Allowance			9/30/2008		Allowance
Bai Zhongxiao		375,840.00			11,275.20		$	54,985.39	$	1,649.56
Chen Lanbo		1,382,680.00			41,480.40		$	202,286.08	$	6,068.58
chengshuankui		414,857.40			414,857.40		$	60,693.64	$	60,693.64
chenyunxia		79,245.00			41,628.40		$	11,593.54	$	6,090.23
dongchao		85,605.40			85,605.40		$	12,524.07	$	12,524.07
fuminhui		168,206.00			168,206.00		$	24,608.54	$	24,608.54
haoxigang		2,784,234.10			83,527.02		$	407,333.45	$	12,220.00
hejiake		228,843.00			228,843.00		$	33,479.73	$	33,479.73
Jia jin ku		664,736.25			595,284.25		$	97,250.91	$	87,090.09
jialihua		69,209.40			65,911.40		$	10,125.34	$	9,642.84
Li caixia		112,260.00			3,367.80		$	16,423.64	$	492.71
Li Gaiping		21,000.00			-		$	3,072.30	$	0.00
Li Guoshou		57,950.00			1,738.50		$	8,478.09	$	254.34
Li Tao		32,800.00			-		$	4,798.64	$	0.00
Li zhao yi		655,841.50			570,343.28		$	95,949.61	$	83,441.22
Li Zongrong		954,540.00			28,636.20		$	139,649.20	$	4,189.48
liu shao ying		65,934.00			65,934.00		$	9,646.14	$	9,646.14
lixiaoqiing		441,157.30			441,157.30		$	64,541.31	$	64,541.31
liyankun		503,928.00			503,928.00		$	73,724.67	$	73,724.67
Lu rui ping		655,923.10			655,923.10		$	95,961.55	$	95,961.55
malanting		484,065.10			408,744.60		$	70,818.72	$	59,799.33
Qi Hong		33,000.00			-		$	4,827.90	$	0.00
Qiang Qiande		31,480.00			-		$	4,605.52	$	0.00
Qiao jiang feng		662,454.00			662,454.00		$	96,917.02	$	96,917.02
qingengqian		497,597.60			497,597.60		$	72,798.53	$	72,798.53
Ren Zhengjun		152,250.00			4,567.50		$	22,274.18	$	668.23
Shan xi lv feng nong ye wu zi you xian gong si		31,690,000.00			13,427,022.55		$	4,636,247.00	$	1,964,373.40
Shi xuexia		442,745.50			373,274.10		$	64,773.67	$	54,610.00
songuangwei		222,750.00			222,750.00		$	32,588.33	$	32,588.33
sunyuexiang		836,920.00			608,327.86		$	122,441.40	$	88,998.37
Wang xiaoping		41,570.00			1,247.10		$	6,081.69	$	182.45
wang yongde		471,026.00			14,130.78		$	68,911.10	$	2,067.33
wangbo		216,440.00			179,192.00		$	31,665.17	$	26,215.79
Wei Dedong		33,250.00			-		$	4,864.48	$	0.00
Wei you li		550,994.20			550,994.20		$	80,610.45	$	80,610.45
Wu geng wen		788,308.00			709,932.00		$	115,329.46	$	103,863.05
yang farong		35,300.00			-		$	5,164.39	$	0.00
yanjie		685,252.00			685,252.00		$	100,252.37	$	100,252.37
Yao liang hua		478,649.50			228,389.50		$	70,026.42	$	33,413.38
Zhang Aijun		61,000.00			1,830.00		$	8,924.30	$	267.73
zhanghongxing		615,652.20			313,157.70		$	90,069.92	$	45,814.97
zhangjianhua		129,582.30			3,887.47		$	18,957.89	$	568.74
zhangkaolin		36,575.00			-		$	5,350.92	$	0.00
zhao tielian		27,700.00			-		$	4,052.51	$	0.00
zhaoyongliang		491,436.60			481,251.60		$	71,897.17	$	70,407.11
Zheng yong min		744,490.30			744,490.30		$	108,918.93	$	108,918.93
zhengtuo		879,969.00			344,804.48		$	128,739.46	$	50,444.90
zhenguangyan		706,461.00			679,543.50		$	103,355.24	$	99,417.21
Wan Wen Pin		55,600.00			1,668.00		$	8,134.28	$	244.03
Yan Lu Qi		502,360.00			15,070.80		$	73,495.27	$	2,204.86
Wu Ji Gang		437,295.00			13,118.85		$	63,976.26	$	1,919.29
Liu Dang Hui		30,960.00			-		$	4,529.45	$	0.00
Liu Kui Zhang		31,550.00			-		$	4,615.77	$	0.00
Qian Dong Sheng		352,550.00			10,576.50		$	51,578.07	$	1,547.34
Lu Jian Zhou		627,180.00			18,815.40		$	91,756.43	$	2,752.69
Shi Hong Bin		51,850.00			1,555.50		$	7,585.66	$	227.57
Lv Kai Liang		659,000.00			19,770.00		$	96,411.70	$	2,892.35
Wu Zong Qi		43,380.00			1,301.40		$	6,346.49	$	190.39
Zhou Yong Bin		551,042.00			16,531.26		$	80,617.44	$	2,418.52
Tang Jian Tao		6,072.00			-		$	888.33	$	0.00
Tang Zhen Xi		36,400.00			-		$	5,325.32	$	0.00
Sun Guo Bao		304,150.00			124.50		$	44,497.15	$	18.21
Zhang Shi Zhong		(358,540.00	)		(10,756.20	)	$	-52,454.40	$	-1,573.63
Zhang Wei Min		1,074,520.00			32,235.60		$	157,202.28	$	4,716.07
Zhang Xin Ping		542,900.00			16,287.00		$	79,426.27	$	2,382.79
Zuang Quan Qun		66,200.00			1,986.00		$	9,685.06	$	290.55
Tuo Wan Fu		(8,910.00	)		(267.30	)	$	-1,303.53	$	-39.11
Wen Sheng Li		47,600.00			1,428.00		$	6,963.88	$	208.92
Zhu Guang Wen		29,675.20			-		$	4,341.48	$	0.00
Li Da Peng		331,026.00			9,930.78		$	48,429.10	$	1,452.87
Li Hong Wei		262,110.00			7,863.30		$	38,346.69	$	1,150.40
Li Hong Wei		124,675.00			3,740.25		$	18,239.95	$	547.20
Li Xiao Hong		40,410.00			44.61		$	5,911.98	$	6.53
Du Fu An		152,550.00			4,576.50		$	22,318.07	$	669.54
Yang Xiao Feng		774,107.00			23,223.21		$	113,251.85	$	3,397.56
Yang Shu Quan		367,900.00			11,037.00		$	53,823.77	$	1,614.71
Chai Cheng Min		150,540.00			4,516.20		$	22,024.00	$	660.72
Pan Yan Hua		24,000.00			-		$	3,511.20	$	0.00
Xiong Bao Ming		223,075.00			6,692.25		$	32,635.87	$	979.08
Wang Yun Zhou		(196,800.00	)		(5,904.00	)	$	-28,791.84	$	-863.76
Wang Shuang Hu		264,150.00			7,924.50		$	38,645.15	$	1,159.35
Wang Xiao Jun		49,500.00			1,485.00		$	7,241.85	$	217.26
Wang Hai Tao		8,600.00			-		$	1,258.18	$	0.00
Wang Jin Cai		287,750.00			8,632.50		$	42,097.83	$	1,262.93
Shen Ju Hua		103,750.00			3,112.50		$	15,178.63	$	455.36
Zi Ti Hu		1,056,432.75			31,692.98		$	154,556.11	$	4,636.68
Yuan Xiao Feng		45,600.00			804.00		$	6,671.28	$	117.63
Yuan Xiao Feng		(23,400.00	)		(702.00	)	$	-3,423.42	$	-102.70
Zhao Dong Jing		476,011.00			14,280.33		$	69,640.41	$	2,089.21
Zhao Gen Tian		60,750.00			1,822.50		$	8,887.73	$	266.63
Zhao Fang Cai		49,805.00			1,494.15		$	7,286.47	$	218.59
Zou Hui Bing		199,210.00			5,976.30		$	29,144.42	$	874.33
Zou Wei Qiang		65,180.00			1,955.40		$	9,535.83	$	286.08
Zou Wei Qiang		117,400.00			3,522.00		$	17,175.62	$	515.27
Zheng Bao Hua		195,770.00			5,873.10		$	28,641.15	$	859.23
Guo Yu Cun		78,550.00			2,356.50		$	11,491.87	$	344.76
Chen De Zhi		22,750.00			-		$	3,328.33	$	0.00
Chen Hui Kai		(180,000.00	)		(5,400.00	)	$	-26,334.00	$	-790.02
Han Shu Zhi		42,498.00			1,274.94		$	6,217.46	$	186.52
Ma Xin Cheng		587,500.00			17,625.00		$	85,951.25	$	2,578.54
Luo Qing Zhi		895,375.00			26,861.25		$	130,993.36	$	3,929.80
Total		63,541,317.70			25,486,243.85
Allowance For Long term Receivables					-
Allowance For Other Receivables					134,729.07				$	19,710.86
					25,620,972.91		$	9,296,094.78	$	3,748,348.34
Net					37,920,344.79				$	5,547,746.44

	RMB			RMB			$			$
	A/R Balance						A/R Balance
Customer	12/31/2008			Allowance			12/31/2009			Allowance
Bai Zhong Xiao		504,640.00			379,704.00		$	74,030.69		$	55,702.58
Chai Cheng Min		257,090.00			153,736.50			37,715.10			22,553.14
Chen Hui Kai		121,150.00			(170,965.50	)		17,772.71			(25,080.64	)
Chen Lan Bo		1,382,680.00			1,382,680.00			202,839.16			202,839.16
Chen Yun Xia		79,245.00			79,245.00			11,625.24			11,625.24
Cheng Shuan Kui		414,857.40			414,857.40			60,859.58			60,859.58
Dong Chao		85,605.40			85,605.40			12,558.31			12,558.31
Du Fu An		152,550.00			152,550.00			22,379.09			22,379.09
Fu Min Hui		168,206.00			168,206.00			24,675.82			24,675.82
Gax Xi Gang		4,099,803.60			2,823,701.19			601,441.19			414,236.96
Guo Yu Cun		318,920.00			85,761.10			46,785.56			12,581.15
Han Shu Zhi		42,498.00			42,498.00			6,234.46			6,234.46
He Jia Ke		228,843.00			228,843.00			33,571.27			33,571.27
Huang Zong Xian		6.00			0.18			0.88			0.03
Jia Jin Ku		664,736.25			664,736.25			97,516.81			97,516.81
Jia Li Hua		69,209.40			69,209.40			10,153.02			10,153.02
Kang Jing Yuan		(1,950,000.00	)		(58,500.00	)		(286,065.00	)		(8,581.95	)
Li Cai Xia		112,260.00			112,260.00			16,468.54			16,468.54
Li Chao Yi		655,841.50			655,841.50			96,211.95			96,211.95
Li Da Peng		331,026.00			331,026.00			48,561.51			48,561.51
Li Guo Shou		57,950.00			57,950.00			8,501.27			8,501.27
Li Hong Bin		61,000.00			1,830.00			8,948.70			268.46
Li Hong Wei		262,110.00			262,110.00			38,451.54			38,451.54
Li Hong Wei		167,675.00			125,975.00			24,597.92			18,480.53
Li Xiao Qing		441,157.30			441,157.30			64,717.78			64,717.78
Li Yan Kun		503,928.00			503,928.00			73,926.24			73,926.24
Li Zong Rong		954,540.00			954,540.00			140,031.02			140,031.02
Liu Shao Ying		65,934.00			65,934.00			9,672.52			9,672.52
Lu Jian Zhou		849,680.00			633,855.00			124,648.06			92,986.53
Lu Kai Liang		659,000.00			659,000.00			96,675.30			96,675.30
Lu Rui Ping		655,923.10			655,923.10			96,223.92			96,223.92
Luo Qing Zhi		1,258,825.00			906,278.50			184,669.63			132,951.06
Ma Lan Ting		788,560.10			493,199.95			115,681.77			72,352.43
Ma Xin Cheng		587,500.00			587,500.00			86,186.25			86,186.25
Mei Xiao Yong		(658,850.00	)		(19,765.50	)		(96,653.30	)		(2,899.60	)
Qian Dong Sheng		907,404.00			369,195.62			133,116.17			54,161.00
Qiao Jiang Feng		662,454.00			662,454.00			97,182.00			97,182.00
Qin Geng Qian		497,597.68			497,597.68			72,997.58			72,997.58
Ren Zheng Junl		152,250.00			152,250.00			22,335.08			22,335.08
Shan Xi Lu Feng Nong Ye Wu Zi You Xian Gong Si		10,880,072.13			(7,736,399.39	)		1,596,106.58			(1,134,929.79	)
Shen Ju Hua		136,150.00			104,722.00			19,973.21			15,362.72
Shi Hong Bin		51,850.00			51,850.00			7,606.40			7,606.40
Shi Xue Xia		442,745.50			442,745.50			64,950.76			64,950.76
Song Guang Wei		187,750.00			187,750.00			27,542.93			27,542.93
Sun Yue Xiang		868,920.00			837,880.00			127,470.56			122,917.00
Tuo Wan Fu		68,490.00			2,054.70			10,047.48			301.42
Wan Wen Pin		55,600.00			55,600.00			8,156.52			8,156.52
Wang Bo		216,440.00			216,440.00			31,751.75			31,751.75
Wang Jin Cai		335,050.00			289,169.00			49,151.84			42,421.09
Wang Shuang Hu		432,669.00			269,205.57			63,472.54			39,492.46
Wang Xiao Junl		49,500.00			49,500.00			7,261.65			7,261.65
Wang Yong De		775,690.80			480,165.94			113,793.84			70,440.34
Wang Yun Zhou		155,064.00			4,651.92			22,747.89			682.44
Wei You Li		460,994.20			460,994.20			67,627.85			67,627.85
Wu Geng Wen		788,308.00			788,308.00			115,644.78			115,644.78
Wu Ji Gang		599,035.00			442,147.20			87,878.43			64,862.99
Wu Zong Qi		84,880.00			44,625.00			12,451.90			6,546.49
Xiong Bao Ming		249,075.00			223,855.00			36,539.30			32,839.53
Yan Jie		685,252.00			685,252.00			100,526.47			100,526.47
Yan Lu Qi		556,360.00			503,980.00			81,618.01			73,933.87
Yang Fa Rong		11,271.00			338.13			1,653.46			49.60
Yang Shu Qian		389,150.00			368,537.50			57,088.31			54,064.45
Yang Xiao Feng		888,707.00			777,545.00			130,373.32			114,065.85
Yao Liamg Hua		478,649.50			478,649.50			70,217.88			70,217.88
Zhang Ai Junl		61,000.00			61,000.00			8,948.70			8,948.70
Zhang Hong Xing		615,652.20			615,652.20			90,316.18			90,316.18
Zhang Jian Hua		84,582.30			13,582.30			12,408.22			1,992.52
Zhang Junl Xiao		28,000.00			840.00			4,107.60			123.23
Zhang Shi Zhong		722,768.00			21,683.04			106,030.07			3,180.90
Zhang Shuan Qun		66,200.00			66,200.00			9,711.54			9,711.54
Zhang Wei Min		1,466,454.80			1,086,278.04			215,128.92			159,356.99
Zhang Xin Ping		542,900.00			542,900.00			79,643.43			79,643.43
Zhao Dong Jing		639,361.00			480,911.50			93,794.26			70,549.72
Zhao Fang Cai		78,755.00			50,673.50			11,553.36			7,433.80
Zhao Gen Tian		130,600.00			62,845.50			19,159.02			9,219.43
Zhao Yong Liang		491,436.60			491,436.60			72,093.75			72,093.75
Zheng Bao Hua		195,770.00			195,770.00			28,719.46			28,719.46
Zheng Guang Yan		748,711.00			707,728.50			109,835.90			103,823.77
Zheng Tuo		1,025,519.00			884,335.50			150,443.64			129,732.02
Zheng Yong Min		744,490.30			744,490.30			109,216.73			109,216.73
Zhong Chong Yu		(185,000.00	)		(5,550.00	)		(27,139.50	)		(814.19	)
Zhou Yong Bin		576,842.00			551,816.00			84,622.72			80,951.41
Zi Ti Hu		1,266,677.75			590,350.10			185,821.63			86,604.36
Zou Hui Bing		199,210.00			199,210.00			29,224.11			29,224.11
Zou Wei Qiang		201,400.00			69,266.60			29,545.38			10,161.41
Zou Wei Qiang		117,400.00			117,400.00			17,222.58			17,222.58
Total		46,280,208.81			23,190,294.52		$	6,789,306.63			3,402,016.21
Allowance for other receivables					18,184,629.45						2,667,684.14
					41,374,923.97					$	6,069,700.35
					4,905,284.84					$	719,606.29

	RMB			RMB			$		$
	A/R Balance						A/R Balance
Customer	3/31/2009			Allowance			3/31/2009		Allowance
Bai Zhong Xiao		688,990.00			385,234.50		$	100,937.04	$	56,436.85
Chai Cheng Min		199,800.00			55,017.80		$	29,270.70	$	8,060.11
Chen Hui Kai		123,000.00			(170,910.00	)	$	18,019.50	$	-25,038.32
Chen Lan Bo		1,382,680.00			1,382,680.00		$	202,562.62	$	202,562.62
Chen Yun Xia		47,245.00			47,245.00		$	6,921.39	$	6,921.39
Cheng Shuan Kui		414,857.40			414,857.40		$	60,776.61	$	60,776.61
Dong Chao		45,605.40			45,605.40		$	6,681.19	$	6,681.19
Du Fu An		152,550.00			152,550.00		$	22,348.58	$	22,348.58
Fu Min Hui		168,206.00			168,206.00		$	24,642.18	$	24,642.18
Gax Xi Gang		6,155,684.15			2,885,377.60		$	901,807.73	$	422,707.82
Guo Yu Cun		533,920.00			62,211.10		$	78,219.28	$	9,113.93
Han Shu Zhi		42,498.00			42,498.00		$	6,225.96	$	6,225.96
He Jia Ke		228,843.00			228,843.00		$	33,525.50	$	33,525.50
Huang Zong Xian		6.00			6.00		$	0.88	$	0.88
Jia Jin Ku		715,686.25			666,264.75		$	104,848.04	$	97,607.79
Jia Li Hua		21,209.40			21,209.40		$	3,107.18	$	3,107.18
Kang Jing Yuan		683,178.00			13,295.34		$	100,085.58	$	1,947.77
Li Cai Xia		85,921.00			82,369.83		$	12,587.43	$	12,067.18
Li Chao Yi		658,881.50			655,932.70		$	96,526.14	$	96,094.14
Li Da Peng		331,026.00			331,026.00		$	48,495.31	$	48,495.31
Li Guo Shou		57,950.00			57,950.00		$	8,489.68	$	8,489.68
Li Hong Bin		41,000.00			1,230.00		$	6,006.50	$	180.20
Li Hong Wei		424,430.00			266,979.60		$	62,179.00	$	39,112.51
Li Hong Wei		167,675.00			125,965.00		$	24,564.39	$	18,453.87
Li Xiao Qing		441,157.30			441,157.30		$	64,629.54	$	64,629.54
Li Yan Kun		503,928.00			503,928.00		$	73,825.45	$	73,825.45
Li Zong Rong		954,540.00			954,540.00		$	139,840.11	$	139,840.11
Liu Shao Ying		65,934.00			65,934.00		$	9,659.33	$	9,659.33
Lu Jian Zhou		1,126,780.00			642,168.00		$	165,073.27	$	94,077.61
Lu Kai Liang		499,000.00			460,200.00		$	73,103.50	$	67,419.30
Lu Rui Ping		655,923.10			655,923.10		$	96,092.73	$	96,092.73
Luo Qing Zhi		1,764,625.00			921,452.50		$	258,517.56	$	134,992.79
Ma Lan Ting		854,760.10			495,185.95		$	125,222.35	$	72,544.74
Ma Xin Cheng		587,500.00			587,500.00		$	86,068.75	$	86,068.75
Mei Xiao Yong		(139,580.00	)		(4,187.40	)	$	-20,448.47	$	-613.45
Qian Dong Sheng		907,404.00			369,195.62		$	132,934.69	$	54,087.16
Qiao Jiang Feng		662,454.00			662,454.00		$	97,049.51	$	97,049.51
Qin Geng Qian		554,597.68			499,307.68		$	81,248.56	$	73,148.58
Ren Zheng Junl		257,250.00			7,717.50		$	37,687.13	$	1,130.61
Shan Xi Lu Feng Agricultural Materials Co Ltd		8,995,072.13			6,850,172.13		$	1,317,778.07	$	1,003,550.22
Shen Ju Hua		222,150.00			107,302.00		$	32,544.98	$	15,719.74
Shi Hong Bin		51,850.00			51,850.00		$	7,596.03	$	7,596.03
Shi Xue Xia		470,245.50			443,570.50		$	68,890.97	$	64,983.08
Song Guang Wei		47,750.00			47,750.00		$	6,995.38	$	6,995.38
Sun Yue Xiang		868,920.00			868,920.00		$	127,296.78	$	127,296.78
Tuo Wan Fu		23,490.00			704.70		$	3,441.29	$	103.24
Wan Wen Pin		55,600.00			55,600.00		$	8,145.40	$	8,145.40
Wang Bo		217,205.00			216,462.95		$	31,820.53	$	31,711.82
Wang Jin Cai		335,050.00			289,169.00		$	49,084.83	$	42,363.26
Wang Shuang Hu		496,669.00			271,125.57		$	72,762.01	$	39,719.90
Wang Xiao Junl		29,500.00			29,500.00		$	4,321.75	$	4,321.75
Wang Yong De		847,690.80			482,325.94		$	124,186.70	$	70,660.75
Wang Yun Zhou		105,064.00			3,151.92		$	15,391.88	$	461.76
Wei You Li		460,994.20			460,994.20		$	67,535.65	$	67,535.65
Wu Geng Wen		814,808.00			789,103.00		$	119,369.37	$	115,603.59
Wu Ji Gang		599,035.00			442,147.20		$	87,758.63	$	64,774.56
Wu Zong Qi		84,880.00			84,880.00		$	12,434.92	$	12,434.92
Xiong Bao Ming		249,075.00			223,855.00		$	36,489.49	$	32,794.76
Yan Jie		685,252.00			685,252.00		$	100,389.42	$	100,389.42
Yan Lu Qi		571,760.00			504,442.00		$	83,762.84	$	73,900.75
Yang Fa Rong		11,271.00			338.13		$	1,651.20	$	49.54
Yang Shu Qian		458,150.00			370,607.50		$	67,118.98	$	54,294.00
Yang Xiao Feng		1,235,260.00			760,941.59		$	180,965.59	$	111,477.94
Yao Liamg Hua		478,649.50			478,649.50		$	70,122.15	$	70,122.15
Zhang Ai Junl		21,000.00			21,000.00		$	3,076.50	$	3,076.50
Zhang Hong Xing		615,652.20			615,652.20		$	90,193.05	$	90,193.05
Zhang Jian Hua		233,107.30			6,993.22		$	34,150.22	$	1,024.51
Zhang Junl Xiao		28,000.00			28,000.00		$	4,102.00	$	4,102.00
Zhang Shi Zhong		722,768.00			722,768.00		$	105,885.51	$	105,885.51
Zhang Shuan Qun		26,200.00			26,200.00		$	3,838.30	$	3,838.30
Zhang Wei Min		1,534,454.80			1,050,318.04		$	224,797.63	$	153,871.59
Zhang Xin Ping		542,900.00			542,900.00		$	79,534.85	$	79,534.85
Zhao Dong Jing		639,361.00			480,911.50		$	93,666.39	$	70,453.53
Zhao Fang Cai		78,755.00			78,755.00		$	11,537.61	$	11,537.61
Zhao Gen Tian		120,960.00			3,628.80		$	17,720.64	$	531.62
Zhao Yong Liang		491,436.60			491,436.60		$	71,995.46	$	71,995.46
Zheng Bao Hua		195,770.00			195,770.00		$	28,680.31	$	28,680.31
Zheng Guang Yan		769,711.00			708,358.50		$	112,762.66	$	103,774.52
Zheng Tuo		1,025,519.00			884,335.50		$	150,238.53	$	129,555.15
Zheng Yong Min		744,490.30			744,490.30		$	109,067.83	$	109,067.83
Zhong Chong Yu		22,530.40			675.91		$	3,300.70	$	99.02
Zhou Yong Bin		576,842.00			551,816.00		$	84,507.35	$	80,841.04
Zi Ti Hu		1,266,445.75			589,373.14		$	185,534.30	$	86,343.17
Zou Hui Bing		212,460.00			176,085.00		$	31,125.39	$	25,796.45
Zou Wei Qiang		220,300.00			69,833.60		$	32,273.95	$	10,230.62
Zou Wei Qiang		117,400.00			117,400.00		$	17,199.10	$	17,199.10
Liu Kui Zhang		185,600.00			5,568.00		$	27,190.40	$	815.71
Tang Jian Tao		3,045.00			91.35		$	446.09	$	13.38
Tang Zhen Xi		30,000.00			900.00		$	4,395.00	$	131.85
Zhang Guang XING		182,800.00			182,800.00		$	26,780.20	$	26,780.20
Zhu Guang Wen		8,610.00			258.30		$	1,261.37	$	37.84
Yang Hong Xia		16,700.00			501.00		$	2,446.55	$	73.40
He Lai Rui		3,519.00			105.57		$	515.53	$	15.47
Chen De Zhi		41,400.00			1,242.00		$	6,065.10	$	181.95
Total		52,160,243.76			38,001,103.04
Allowance For Long term Receivables					-
Allowance For Other Receivables					73,602.40				$	10,782.75
					38,074,705.44		$	7,641,475.71	$	5,577,944.35
Net					14,085,538.32				$	2,063,531.36

	RMB			RMB			$		$
	A/R Balance						A/R Balance
Customer	6/30/2009			Allowance			6/30/2009		Allowance
Bai Zhong Xiao		481,292.00			132,501.00		$	70,509.28	$	19,411.40
Chai Cheng Min		149,850.00			30,147.00		$	21,953.03	$	4,416.54
Chen Hui Kai		92,250.00			(44,775.00	)	$	13,514.63	$	-6,559.54
Chen Lan Bo		1,346,947.00			768,161.00		$	197,327.74	$	112,535.59
Chen Yun Xia		8,434.00			8,434.00		$	1,235.58	$	1,235.58
Cheng Shuan Kui		311,143.40			311,143.40		$	45,582.51	$	45,582.51
Dong Chao		34,204.40			34,204.40		$	5,010.94	$	5,010.94
Du Fu An		127,762.00			51,352.00		$	18,717.13	$	7,523.07
Fu Min Hui		126,154.00			126,154.00		$	18,481.56	$	18,481.56
Gax Xi Gang		5,333,959.15			1,161,380.56		$	781,425.02	$	170,142.25
Guo Yu Cun		377,940.00			75,588.00		$	55,368.21	$	11,073.64
Han Shu Zhi		31,873.00			31,873.00		$	4,669.39	$	4,669.39
He Jia Ke		171,632.00			171,632.00		$	25,144.09	$	25,144.09
Huang Zong Xian		6.00			4.80		$	0.88	$	0.70
Jia Jin Ku		536,764.25			496,004.25		$	78,635.96	$	72,664.62
Jia Li Hua		15,907.40			15,907.40		$	2,330.43	$	2,330.43
Kang Jing Yuan		2,377,534.00			-		$	348,308.73	$	0.00
Li Cai Xia		64,441.00			31,122.20		$	9,440.61	$	4,559.40
Li Chao Yi		968,911.50			322,467.50		$	141,945.53	$	47,241.49
Li Da Peng		248,269.00			196,334.00		$	36,371.41	$	28,762.93
Li Guo Shou		32,212.00			32,212.00		$	4,719.06	$	4,719.06
Li Hong Bin		41,000.00			8,200.00		$	6,006.50	$	1,201.30
Li Hong Wei		580,470.00			89,311.00		$	85,038.86	$	13,084.06
Li Hong Wei		125,756.00			91,356.00		$	18,423.25	$	13,383.65
Li Xiao Qing		330,868.30			330,868.30		$	48,472.21	$	48,472.21
Li Yan Kun		377,946.00			377,946.00		$	55,369.09	$	55,369.09
Li Zong Rong		916,840.00			450,804.00		$	134,317.06	$	66,042.79
Liu Shao Ying		49,450.00			49,450.00		$	7,244.43	$	7,244.43
Lu Jian Zhou		1,018,787.00			217,128.50		$	149,252.30	$	31,809.33
Lu Kai Liang		431,800.00			170,500.00		$	63,258.70	$	24,978.25
Lu Rui Ping		491,942.10			491,942.10		$	72,069.52	$	72,069.52
Luo Qing Zhi		1,322,843.00			384,834.50		$	193,796.50	$	56,378.25
Ma Lan Ting		676,545.10			310,244.10		$	99,113.86	$	45,450.76
Ma Xin Cheng		440,625.00			301,325.00		$	64,551.56	$	44,144.11
Mei Xiao Yong		(139,580.00	)		(27,916.00	)	$	-20,448.47	$	-4,089.69
Qian Dong Sheng		880,998.00			140,412.80		$	129,066.21	$	20,570.48
Qiao Jiang Feng		496,840.00			496,840.00		$	72,787.06	$	72,787.06
Qin Geng Qian		450,823.68			358,723.68		$	66,045.67	$	52,553.02
Ren Zheng Junl		232,431.00			9,949.40		$	34,051.14	$	1,457.59
Shan Xi Lu Feng Agricultural Materials Co Ltd		4,774,029.13			2,339,039.57		$	699,395.27	$	342,669.30
Shen Ju Hua		241,762.00			39,711.00		$	35,418.13	$	5,817.66
Shi Hong Bin		38,887.00			38,887.00		$	5,696.95	$	5,696.95
Shi Xue Xia		375,634.50			312,284.50		$	55,030.45	$	45,749.68
Song Guang Wei		35,812.00			35,812.00		$	5,246.46	$	5,246.46
Sun Yue Xiang		651,690.00			595,405.60		$	95,472.59	$	87,226.92
Tuo Wan Fu		17,617.00			3,523.40		$	2,580.89	$	516.18
Wan Wen Pin		41,700.00			41,700.00		$	6,109.05	$	6,109.05
Wang Bo		112,904.00			112,292.00		$	16,540.44	$	16,450.78
Wang Jin Cai		335,050.00			200,591.00		$	49,084.83	$	29,386.58
Wang Shuang Hu		372,502.00			151,866.80		$	54,571.54	$	22,248.49
Wang Xiao Junl		22,125.00			22,125.00		$	3,241.31	$	3,241.31
Wang Yong De		635,767.80			204,884.46		$	93,139.98	$	30,015.57
Wang Yun Zhou		105,064.00			21,012.80		$	15,391.88	$	3,078.38
Wei You Li		345,745.20			345,745.20		$	50,651.67	$	50,651.67
Wu Geng Wen		611,106.00			589,906.00		$	89,527.03	$	86,421.23
Wu Ji Gang		572,726.00			163,141.00		$	83,904.36	$	23,900.16
Wu Zong Qi		75,660.00			35,278.00		$	11,084.19	$	5,168.23
Xiong Bao Ming		205,031.00			112,568.50		$	30,037.04	$	16,491.29
Yan Jie		513,939.00			513,939.00		$	75,292.06	$	75,292.06
Yan Lu Qi		475,770.00			233,253.00		$	69,700.31	$	34,171.56
Yang Fa Rong		8,453.00			1,690.60		$	1,238.36	$	247.67
Yang Shu Qian		343,612.00			245,662.00		$	50,339.16	$	35,989.48
Yang Xiao Feng		926,295.00			297,176.60		$	135,702.22	$	43,536.37
Yao Liamg Hua		358,987.50			229,987.50		$	52,591.67	$	33,693.17
Zhang Ai Junl		15,750.00			12,600.00		$	2,307.38	$	1,845.90
Zhang Hong Xing		492,739.20			461,739.20		$	72,186.29	$	67,644.79
Zhang Jian Hua		191,255.30			33,871.06		$	28,018.90	$	4,962.11
Zhang Junl Xiao		37,180.00			14,000.00		$	5,446.87	$	2,051.00
Zhang Shi Zhong		622,768.00			311,384.00		$	91,235.51	$	45,617.76
Zhang Shuan Qun		27,600.00			-		$	4,043.40	$	0.00
Zhang Wei Min		1,074,899.80			375,469.46		$	157,472.82	$	55,006.28
Zhang Xin Ping		407,175.00			407,175.00		$	59,651.14	$	59,651.14
Zhao Dong Jing		619,371.00			175,780.50		$	90,737.85	$	25,751.84
Zhao Fang Cai		59,066.00			29,601.00		$	8,653.17	$	4,336.55
Zhao Gen Tian		112,920.00			16,664.00		$	16,542.78	$	2,441.28
Zhao Yong Liang		368,577.60			368,577.60		$	53,996.62	$	53,996.62
Zheng Bao Hua		146,827.00			123,933.00		$	21,510.16	$	18,156.18
Zheng Guang Yan		608,283.00			526,683.00		$	89,113.46	$	77,159.06
Zheng Tuo		746,639.00			498,246.00		$	109,382.61	$	72,993.04
Zheng Yong Min		558,367.30			558,367.30		$	81,800.81	$	81,800.81
Zhong Chong Yu		22,530.40			4,506.08		$	3,300.70	$	660.14
Zhou Yong Bin		432,631.00			208,575.50		$	63,380.44	$	30,556.31
Zi Ti Hu		1,253,503.75			241,318.98		$	183,638.30	$	35,353.23
Zou Hui Bing		159,345.00			75,366.00		$	23,344.04	$	11,041.12
Zou Wei Qiang		88,050.00			82,610.00		$	12,899.33	$	12,102.37
Zou Wei Qiang		165,225.00			36,076.50		$	24,205.46	$	5,285.21
Liu Kui Zhang		214,597.00			26,843.40		$	31,438.46	$	3,932.56
Tang Jian Tao		2,284.00			456.80		$	334.61	$	66.92
Tang Zhen Xi		30,000.00			6,000.00		$	4,395.00	$	879.00
Zhang Hong Xing		137,100.00			68,550.00		$	20,085.15	$	10,042.58
Zhang Chun Hua		(5,000.00	)		-		$	-732.50	$	0.00
Qiang Qian De		24,650.00			-		$	3,611.23	$	0.00
Zhu Guang Wen		6,457.00			1,291.40		$	945.95	$	189.19
Yang Hong Xia		16,700.00			3,340.00		$	2,446.55	$	489.31
Wang Xiao Ping		19,987.00			-		$	2,928.10	$	0.00
Fan Zhen Qiu		(496,040.00	)		-		$	-72,669.86	$	0.00
Yuan Xiao Feng		48,100.00			-		$	7,046.65	$	0.00
He Lai Rui		4,465.00			703.80		$	654.12	$	103.11
Chen De Zhi		31,050.00			6,210.00		$	4,548.83	$	909.77
Total		42,006,793.76			19,767,188.99
Allowance For Long term Receivables					-
Allowance For Other Receivables					74,459.07				$	10,908.25
					19,841,648.06		$	6,153,995.29	$	2,906,801.44
Net					22,165,145.70				$	3,247,193.85

	RMB			RMB			$		$
	A/R Balance						A/R Balance
Customer	9/30/2009			Allowance			9/30/2009		Allowance
Bai Zhong Xiao		481,292.00			289,107.00		$	70,605.54	$	42,412.00
Chai Cheng Min		171,650.00			75,102.00		$	25,181.06	$	11,017.46
Chen Hui Kai		107,400.00			(17,100.00	)	$	15,755.58	$	-2,508.57
Chen Lan Bo		1,427,947.00			1,006,347.00		$	209,479.82	$	147,631.10
Chen Yun Xia		34.00			-		$	4.99	$	0.00
Cheng Shuan Kui		311,143.40			311,143.40		$	45,644.74	$	45,644.74
Dong Chao		34,204.40			34,204.40		$	5,017.79	$	5,017.79
Du Fu An		127,762.00			71,282.00		$	18,742.69	$	10,457.07
Fu Min Hui		126,154.00			126,154.00		$	18,506.79	$	18,506.79
Gax Xi Gang		5,550,714.15			2,691,621.73		$	814,289.77	$	394,860.91
Guo Yu Cun		377,940.00			188,970.00		$	55,443.80	$	27,721.90
Han Shu Zhi		31,873.00			31,873.00		$	4,675.77	$	4,675.77
He Jia Ke		91,632.00			11,632.00		$	13,442.41	$	1,706.41
Huang Zong Xian		6.00			6.00		$	0.88	$	0.88
Jia Jin Ku		536,764.25			511,289.25		$	78,743.32	$	75,006.13
Jia Li Hua		15,907.40			15,907.40		$	2,333.62	$	2,333.62
Kang Jing Yuan		2,186,534.00			399,106.80		$	320,764.54	$	58,548.97
Li Cai Xia		34,441.00			2,454.50		$	5,052.49	$	360.08
Li Chao Yi		968,911.50			463,631.50		$	142,139.32	$	68,014.74
Li Da Peng		279,129.00			48,029.00		$	40,948.22	$	7,045.85
Li Da Peng		330,868.30			330,868.30		$	48,538.38	$	48,538.38
Li Guo Shou		32,212.00			32,212.00		$	4,725.50	$	4,725.50
Li Hong Bin		41,000.00			20,500.00		$	6,014.70	$	3,007.35
Li Hong Wei		580,470.00			241,782.00		$	85,154.95	$	35,469.42
Li Hong Wei		125,756.00			104,256.00		$	18,448.41	$	15,294.36
Li Yan Kun		377,946.00			377,946.00		$	55,444.68	$	55,444.68
Li Zong Rong		950,690.00			550,492.00		$	139,466.22	$	80,757.18
Liu Shao Ying		12,915.00			-		$	1,894.63	$	0.00
Lu Jian Zhou		950,687.00			466,387.60		$	139,465.78	$	68,419.06
Lu Kai Liang		409,800.00			258,160.00		$	60,117.66	$	37,872.07
Lu Rui Ping		491,942.10			491,942.10		$	72,167.91	$	72,167.91
Luo Qing Zhi		1,531,643.00			779,975.80		$	224,692.03	$	114,422.45
Ma Lan Ting		676,545.10			445,587.60		$	99,249.17	$	65,367.70
Ma Xin Cheng		440,625.00			397,625.00		$	64,639.69	$	58,331.59
Mei Xiao Yong		(139,580.00	)		(69,790.00	)	$	-20,476.39	$	-10,238.19
Qian Dong Sheng		660,998.00			140,321.00		$	96,968.41	$	20,585.09
Qiao Jiang Feng		496,840.00			496,840.00		$	72,886.43	$	72,886.43
Qin Geng Qian		450,823.68			385,123.68		$	66,135.83	$	56,497.64
Ren Zheng Junl		232,431.00			61,410.30		$	34,097.63	$	9,008.89
Shan Xi Lu Feng Agricultural Materials Co Ltd		2,855,534.13			764,827.30		$	418,906.86	$	112,200.17
Shen Ju Hua		274,762.00			103,109.60		$	40,307.59	$	15,126.18
Shi Hong Bin		887.00			-		$	130.12	$	0.00
Shi Xue Xia		375,634.50			333,104.50		$	55,105.58	$	48,866.43
Song Guang Wei		15,812.00			-		$	2,319.62	$	0.00
Sun Yue Xiang		651,690.00			651,690.00		$	95,602.92	$	95,602.92
Tuo Wan Fu		17,617.00			8,808.50		$	2,584.41	$	1,292.21
Wan Wen Pin		41,700.00			41,700.00		$	6,117.39	$	6,117.39
Wang Jin Cai		335,050.00			311,400.00		$	49,151.84	$	45,682.38
Wang Shuang Hu		352,502.00			207,642.50		$	51,712.04	$	30,461.15
Wang Xiao Junl		22,125.00			22,125.00		$	3,245.74	$	3,245.74
Wang Yong De		617,917.80			256,414.80		$	90,648.54	$	37,616.05
Wang Yun Zhou		105,064.00			52,532.00		$	15,412.89	$	7,706.44
Wei You Li		345,745.20			345,745.20		$	50,720.82	$	50,720.82
Wu Geng Wen		611,106.00			597,856.00		$	89,649.25	$	87,705.48
Wu Ji Gang		572,726.00			320,018.80		$	84,018.90	$	46,946.76
Wu Zong Qi		75,660.00			62,860.00		$	11,099.32	$	9,221.56
Xiong Bao Ming		205,031.00			161,151.00		$	30,078.05	$	23,640.85
Yan Jie		403,939.00			293,939.00		$	59,257.85	$	43,120.85
Yan Lu Qi		680,220.00			403,510.00		$	99,788.27	$	59,194.92
Yang Fa Rong		37,903.00			4,226.50		$	5,560.37	$	620.03
Yang Shu Qian		343,612.00			298,487.00		$	50,407.88	$	43,788.04
Yang Xiao Feng		1,000,910.00			548,678.50		$	146,833.50	$	80,491.14
Yao Liamg Hua		418,987.50			307,387.50		$	61,465.47	$	45,093.75
Zhang Ai Junl		15,750.00			15,750.00		$	2,310.53	$	2,310.53
Zhang Hong Xing		492,739.20			467,939.20		$	72,284.84	$	68,646.68
Zhang Jian Hua		191,255.30			89,057.65		$	28,057.15	$	13,064.76
Zhang Junl Xiao		48,680.00			29,836.00		$	7,141.36	$	4,376.94
Zhang Shi Zhong		622,768.00			573,530.00		$	91,360.07	$	84,136.85
Zhang Shuan Qun		27,600.00			5,520.00		$	4,048.92	$	809.78
Zhang Wei Min		854,899.80			341,139.40		$	125,413.80	$	50,045.15
Zhang Xin Ping		407,175.00			407,175.00		$	59,732.57	$	59,732.57
Zhao Dong Jing		568,371.00			263,011.80		$	83,380.03	$	38,583.83
Zhao Fang Cai		259,466.00			53,276.00		$	38,063.66	$	7,815.59
Zhao Gen Tian		103,170.00			7,580.00		$	15,135.04	$	1,111.99
Zhao Yong Liang		308,577.60			248,577.60		$	45,268.33	$	36,466.33
Zheng Bao Hua		106,827.00			66,827.00		$	15,671.52	$	9,803.52
Zheng Guang Yan		605,028.00			351,858.00		$	88,757.61	$	51,617.57
Zheng Yong Min		561,715.30			558,367.30		$	82,403.63	$	81,912.48
Zhong Chong Yu		22,530.40			11,265.20		$	3,305.21	$	1,652.60
Zhou Yong Bin		432,631.00			338,364.80		$	63,466.97	$	49,638.12
Zi Ti Hu		25,603.75			-		$	3,756.07	$	0.00
Zou Hui Bing		159,345.00			140,595.00		$	23,375.91	$	20,625.29
Zou Wei Qiang		165,225.00			85,644.00		$	24,238.51	$	12,563.97
Zou Wei Qiang		18,050.00			-		$	2,647.94	$	0.00
Liu Kui Zhang		253,097.00			83,184.50		$	37,129.33	$	12,203.17
Tang Jian Tao		2,284.00			1,142.00		$	335.06	$	167.53
Tang Zhen Xi		58,000.00			15,000.00		$	8,508.60	$	2,200.50
Sun Xin Liang		1,273,470.00			-		$	186,818.05	$	0.00
Zhang Hong Xing		137,100.00			109,680.00		$	20,112.57	$	16,090.06
Zhang Chun Hua		(5,000.00	)		(1,000.00	)	$	-733.50	$	-146.70
Qing Qian De		24,650.00			4,930.00		$	3,616.16	$	723.23
Zhu Guang Wen		6,457.00			3,228.50		$	947.24	$	473.62
Yang Hong Xia		16,700.00			8,350.00		$	2,449.89	$	1,224.95
Wang Bo		347,269.00			112,521.50		$	50,944.36	$	16,506.90
Wang Xiao Ping		19,987.00			3,997.40		$	2,932.09	$	586.42
Fan Zhen Qiu		(496,040.00	)		(99,208.00	)	$	-72,769.07	$	-14,553.81
Yuan Xiao Feng		48,100.00			9,620.00		$	7,056.27	$	1,411.25
He Lai Rui		4,465.00			1,948.70		$	655.02	$	285.87
Zheng Tuo		776,939.00			673,864.00		$	113,976.95	$	98,855.85
Chen De Zhi		31,050.00			15,525.00		$	4,555.04	$	2,277.52
Total		40,374,121.76			22,867,711.61
Allowance For Long term Receivables					-
Allowance For Other Receivables					5,690.86				$	834.85
					22,873,402.47		$	5,922,883.66	$	3,355,528.14
Net					17,500,719.29				$	2,567,355.52

	RMB		RMB			$		$
	A/R Balance					A/R Balance
Customer	12/31/2009		Allowance			12/31/2009		Allowance
Bai Zhong Xiao		430,934.00		241,114.00		$	63,218.02	$	35,371.42
Chai Cheng Min		171,650.00		145,668.00		$	25,181.06	$	21,369.50
Chen Hui Kai		107,400.00		94,910.00		$	15,755.58	$	13,923.30
Chen Lan Bo		538,500.00		220,020.00		$	78,997.95	$	32,276.93
Chen Yun Xia		220,222.00		34.00		$	32,306.57	$	4.99
Du Fu An		127,762.00		92,462.00		$	18,742.69	$	13,564.18
Fu Min Hui		141,354.00		26,154.00		$	20,736.63	$	3,836.79
Gax Xi Gang		4,199,458.59		2,668,865.47		$	616,060.58	$	391,522.56
Huang Zong Xian		137,706.00		6.00		$	20,201.47	$	0.88
Jia Jin Ku		316,764.25		316,764.25		$	46,469.32	$	46,469.32
Jia Li Hua		139,657.40		907.40		$	20,487.74	$	133.12
Kang Jing Yuan		1,699,534.00		849,767.00		$	249,321.64	$	124,660.82
Li Cai Xia		249,341.00		33,708.80		$	36,578.32	$	4,945.08
Li Chao Yi		663,911.50		350,003.50		$	97,395.82	$	51,345.51
Li Da Peng		279,129.00		174,441.00		$	40,948.22	$	25,590.49
Li Guo Shou		163,672.00		32,212.00		$	24,010.68	$	4,725.50
Li Hong Wei		641,430.00		419,515.00		$	94,097.78	$	61,542.85
Li Hong Wei		227,756.00		125,756.00		$	33,411.81	$	18,448.41
Li Xiao Qing		217,443.30		84,893.30		$	31,898.93	$	12,453.85
Li Yan Kun		294,740.00		134,090.00		$	43,238.36	$	19,671.00
Li Zong Rong		344,420.00		4,558.00		$	50,526.41	$	668.66
Liu Shao Ying		195,000.00		-		$	28,606.50	$	0.00
Lu Jian Zhou		699,597.00		274,128.60		$	102,630.88	$	40,214.67
Lu Kai Liang		253,700.00		185,150.00		$	37,217.79	$	27,161.51
Lu Rui Ping		162,522.10		162,522.10		$	23,841.99	$	23,841.99
Luo Qing Zhi		1,053,043.00		580,631.00		$	154,481.41	$	85,178.57
Ma Lan Ting		279,945.10		210,655.10		$	41,067.95	$	30,903.10
Ma Xin Cheng		440,625.00		440,625.00		$	64,639.69	$	64,639.69
Mei Xiao Yong		56,860.00		(111,664.00	)	$	8,341.36	$	-16,381.11
Qian Dong Sheng		431,998.00		292,368.00		$	63,374.11	$	42,890.39
Qiao Jiang Feng		390,840.00		390,840.00		$	57,336.23	$	57,336.23
Qin Geng Qian		275,462.28		244,812.28		$	40,410.32	$	35,913.96
Ren Zheng Junl		232,431.00		141,089.00		$	34,097.63	$	20,697.76
Shen Ju Hua		274,762.00		185,512.00		$	40,307.59	$	27,214.61
Shi Hong Bin		330,343.00		887.00		$	48,461.32	$	130.12
Shi Xue Xia		375,634.50		360,334.50		$	55,105.58	$	52,861.07
Sun Yue Xiang		292,740.00		292,740.00		$	42,944.96	$	42,944.96
Wan Wen Pin		229,950.00		41,700.00		$	33,733.67	$	6,117.39
Wang Jin Cai		335,050.00		335,050.00		$	49,151.84	$	49,151.84
Wang Shuang Hu		170,110.00		136,088.00		$	24,955.14	$	19,964.11
Wang Yong De		719,849.80		501,844.84		$	105,601.97	$	73,620.64
Wei You Li		197,162.00		197,162.00		$	28,923.67	$	28,923.67
Wu Geng Wen		320,106.00		314,806.00		$	46,959.55	$	46,182.04
Wu Ji Gang		349,726.00		275,026.00		$	51,304.80	$	40,346.31
Wu Zong Qi		171,705.00		67,660.00		$	25,189.12	$	9,925.72
Xiong Bao Ming		205,031.00		192,881.00		$	30,078.05	$	28,295.64
Yan Lu Qi		680,220.00		490,105.00		$	99,788.27	$	71,898.40
Yang Fa Rong		199,634.00		-		$	29,286.31	$	0.00
Yang Shu Qian		343,612.00		329,812.00		$	50,407.88	$	48,383.42
Yang Xiao Feng		793,162.73		623,735.13		$	116,356.97	$	91,501.94
Yao Liamg Hua		306,317.50		258,317.50		$	44,936.78	$	37,895.18
Zhang Hong Xing		249,170.00		233,670.00		$	36,553.24	$	34,279.39
Zhang Jian Hua		353,555.30		180,305.30		$	51,866.56	$	26,450.79
Zhang Junl Xiao		159,380.00		34,890.00		$	23,381.05	$	5,118.36
Zhang Shi Zhong		457,768.00		457,768.00		$	67,154.57	$	67,154.57
Zhang Shuan Qun		145,600.00		13,800.00		$	21,359.52	$	2,024.46
Zhang Wei Min		509,799.80		425,262.84		$	74,787.63	$	62,386.06
Zhang Xin Ping		407,175.00		407,175.00		$	59,732.57	$	59,732.57
Zhao Dong Jing		496,391.00		383,471.00		$	72,820.56	$	56,255.20
Zhao Fang Cai		259,466.00		99,146.00		$	38,063.66	$	14,544.72
Zhao Gen Tian		178,170.00		64,170.00		$	26,137.54	$	9,413.74
Zhao Yong Liang		276,577.60		255,577.60		$	40,573.93	$	37,493.23
Zheng Bao Hua		349,977.00		106,827.00		$	51,341.63	$	15,671.52
Zheng Guang Yan		491,228.00		298,582.00		$	72,063.15	$	43,801.98
Zheng Yong Min		249,262.18		246,583.78		$	36,566.76	$	36,173.84
Zhou Yong Bin		434,971.00		432,631.00		$	63,810.25	$	63,466.97
Zou Hui Bing		190,065.00		159,345.00		$	27,882.54	$	23,375.91
Zou Wei Qiang		165,225.00		161,445.00		$	24,238.51	$	23,683.98
Zou Wei Qiang		159,290.00		18,050.00		$	23,367.84	$	2,647.94
Liu Kui Zhang		253,097.00		155,263.60		$	37,129.33	$	22,777.17
Tang Zhen Xi		254,900.00		29,600.00		$	37,393.83	$	4,342.32
Sun Xin Liang		892,062.00		91,494.00		$	130,865.50	$	13,422.17
Zhang Hong Xing		167,100.00		137,100.00		$	24,513.57	$	20,112.57
Qiang Qian De		128,150.00		12,325.00		$	18,799.61	$	1,808.08
Yang Hong Xia		181,500.00		13,360.00		$	26,626.05	$	1,959.91
Wang Bo		186,958.00		18,791.60		$	27,426.74	$	2,756.73
Yuan Xiao Feng		174,640.00		24,050.00		$	25,619.69	$	3,528.14
Zheng Tuo		622,939.00		594,399.00		$	91,385.15	$	87,198.33
Yan Jie		241,939.00		241,939.00		$	35,492.45	$	35,492.45
Chen De Zhi		249,330.00		24,840.00		$	36,576.71	$	3,644.03
Total		30,965,609.93		18,752,529.49
Allowance For Long term Receivables				-
Allowance For Other Receivables				4,202.89				$	616.56
				18,756,732.38		$	4,542,654.98	$	2,751,612.64
Net				12,208,877.55				$	1,791,042.34