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Sailun Co Ltd Announces Changes in Accounting Estimates


Friday, 26 Apr 2013 08:00pm EDT 

Sailun Co Ltd announced that it has changed the depreciation period for houses and buildings from 20 years to 20-30 years, the depreciation rate from 4.69% to 4.69-3.18%. The Company has also changed the depreciation period for equipments from 10 years to 12-15 years, the depreciation rate from 9.50% to 6.75-6.22%.