a 2.99 % decrease in tonnes of offset printing paper produced and sold during the year ended december 31 , 2015 , from 54,774 tonnes sold for the year ended december 31 , 2014. the changes in revenue dollar amount and in tonnage for the year ended december 31 , 2015 are summarized as follows : replace_table_token_4_th 27 monthly revenue ( excluding revenue of digital photo paper and tissue paper products ) for the 24 months ended december 31 , 2015 , are summarized below : the average selling price , or asp , for our major products for the years ended december 31 , 2014 and 2015 are summarized as follows : replace_table_token_5_th the following is a chart showing the month-by-month asps ( excluding the asps of digital photo paper and tissue paper products ) for the 24 month period ended december 31 , 2015 : 28 corrugating medium paper revenue from corrugating medium paper amounted to $ 96,885,757 ( representing 71.81 % of total offset printing paper , corrugating medium paper and tissue paper products revenue ) for the year ended december 31 , 2015 , which was an increase of $ 389,343 , or 0.40 % , from $ 96,496,414 in 2014. we sold 268,222 tonnes of corrugating medium paper in the year ended december 31 , 2015 as compared to 265,132 tonnes for 2014 , representing a 1.17 % increase in the quantity sold . as explained above , the slight increase is mainly attributable to the mixed effect of the full year production of light-weight cmp in 2015 while the production in 2014 began in may 2014 and the longer period of temporary production suspension in 2015 than in 2014. asp for regular cmp slightly decreased from $ 363/tonne in 2014 to $ 360/tonne in 2015 , representing a 0.83 % decrease . also , our pm6 production line produced 236,906 tonnes of regular cmp in 2015 , 12,604 tonnes , or 5.32 % , less than in 2014. the pm6 production line 's utilization rates for the year ended december 31 , 2015 and 2014 were 62.31 % and 65.81 % , respectively . our month-over-month asp for regular cmp was mostly stable , around $ 360/tonne in both 2015 and 2014. asp for regular cmp for 2015 was $ 360/tonne , representing a $ 3 ( or 0.83 % ) decrease compared to $ 363/tonne for 2014. we believe that the decrease was a result of the slowdown of china 's economic growth , an over-supply in the chinese paper industry and the depreciation of rmb to usd in 2015. in the fourth quarter of 2015 , asp for regular cmp dropped to $ 344/tonne ( rmb2,147/tonne ) from $ 370/tonne ( rmb2,269/tonne ) , representing a decrease of $ 26 , or 7 % . we consider this drop a sign for the downward pressure on the pricing in the chinese packaging paper industry . asp for light-weight cmp was mostly stable , around $ 370/tonne in both 2015 and 2014. asp for regular cmp for 2015 was $ 367/tonne , representing a $ 2 ( or 0.54 % ) decrease compared to $ 369/tonne for 2014. the government has been requiring outdated paper facilities to close since 2010 and is expected to continue to strictly enforce the mandatory closure of outdated capacity in the next few years . as a result , we estimate that the asps for cmp and other packaging paper will recover and remain relatively stable for 2016 as outdated paper facilities being eliminated , and the paper industry will witness increased competition and higher standards for environmental protection measures . we launched the pm6 production line in december 2011 and have been improving its output capacity in the past few years . the pm6 production line has a designated capacity of 360,000 tonnes/year . the utilization rates for 2015 and 2014 were 62.31 % and 65.81 % , respectively , representing a year-over-year decrease of 3.50 % . regular cmp produced and sold in 2015 was 12,604 tonnes less than in 2014 , as we experienced longer periods of mandated temporary suspension in production in 2015 as mentioned above . we expect to see an increased utilization rate in 2016. quantities of sold cmp that was produced by the pm6 production line from january 2014 to december 2015 are as follows : offset printing paper revenue from offset printing paper was $ 36,323,148 ( representing 26.92 % of the total offset printing paper , corrugating medium paper and tissue paper products revenues ) for the year ended december 31 , 2015 , which was a decrease of $ 1,240,801 , or 3.30 % , from $ 37,563,949 in 2014. we sold 53,137 tonnes of offset printing paper in the year ended december 31 , 2015 compared to 54,774 tonnes in 2014 , a decrease of 1,637 tonnes , or 2.99 % . the decline in quantities produced and sold in 2015 was mainly caused by the longer mandatory production suspension periods discussed above . asp for offset printing paper in 2015 was $ 684/tonne , representing a $ 2 ( or 0.29 % ) decrease compared to $ 686/tonne in 2014. we estimate that the regional market of offset printing paper will continue to be relatively stable and the asp will not experience a significant change in 2016 . 29 tissue paper products we began the commercial production of tissue paper products in wei county industry park in june 2015. we process base tissue paper purchased from long-term cooperative third party and produce finished tissue paper products , including toilet paper , boxed and soft-packed tissues , handkerchief tissues , and paper napkins , as well as bathroom and kitchen paper towels that are marketed and sold under the orient paper brand . story_separator_special_tag excluding the related party payables , the net working capital deficit as of december 31 , 2015 was $ 12,973,088. on january 20 , 2014 , our chairman and chief executive officer ( “ ceo ” ) mr. zhenyong liu agreed in writing to permit the company to continue to postpone the repayment of the accrued interest on his loan to orient paper hb until the company is able to pay its other creditors in its normal course of business . the accrued interest owned to mr. zhenyong liu was approximately $ 552,115 , which was recorded in other payables and accrued liabilities as part of the current liabilities in the consolidated balance sheet as of december 31 , 2015. on march 1 , 2015 , the company entered an agreement with the ceo which allows orient paper hb to borrow from the ceo an amount up to $ 18,479,734 ( rmb120,000,000 ) for working capital purposes . the advances or funding under the agreement are due three years from the date each amount is funded . the loan will be unsecured and carry an annual interest rate , set on the basis of the primary lending rate of the people 's bank of china at the time of the borrowing . on july 13 , 2015 , an unsecured loan of $ 4,619,933 was drawn from the facility , which carries an interest rate of 5.25 % . the loan matures on july 12 , 2018. our loan-to-equity ratio was 35.73 % as of december 31 , 2015. our debt-asset ratio was 26.32 % as of december 31 , 2015. the industry average of debt-asset ratios for 2014 was over 50 % according to www.wenku.baidu.com . as long as we are able to manage our short-term liquidity through various efforts described above , we believe that our overall financial condition , compared to our chinese peers , is reasonably healthy and should allow us to further leverage our assets to provide capital for future growth . from time to time , we investigate financing opportunities with banks and other financial institutions and investors both inside and outside of china , and we may seek long-term financings to pay off liabilities with shorter terms . we can not guarantee that our efforts will be successful . as of the date of this report , we have not entered into any material binding agreement for additional long-term financing . there can be no assurance that we will be able to secure such financing either from banks or through debt or equity investments from investors . if we are unable to obtain sufficient outside financing , whether short-term or long-term , or generate sufficient operating cash flow internally , the progress of our construction or renovation projects may slow down or may otherwise be negatively affected . we may also have to curtail the scope of our capital expenditure projects or shelve some components of such projects , such as , delaying the installation of pm9 until additional capital resources are available . financing with sale-leaseback the company entered into a sale-leaseback arrangement ( the “ lease financing agreement ” ) with cnftfl on june 16 , 2013 , for a total financing proceeds in the amount of rmb 150 million ( approximately us $ 24 million ) . under the sale-leaseback arrangement , orient paper hb sold the leased equipment to cnftfl for rmb 150 million ( approximately us $ 24 million ) . concurrent with the sale of equipment , orient paper hb leases back all of the equipment sold to cnftfl for a lease term of three years . at the end of the lease term , orient paper hb may pay a nominal purchase price of rmb 15,000 ( approximately $ 2,400 ) to cnftfl and buy back all of the leased equipment . the sale-leaseback is treated by the company as a mere financing and capital lease transaction , rather than a sale of assets ( under which gain or loss is immediately recognized ) under asc 840-40-25-4. all of the leased equipment are included as part of the property , plant and equipment of the company for the periods presented ; while the net present value of the minimum lease payment ( including a lease service charge equal to 5.55 % of the amount financed , i.e . approximately us $ 1.36 million ) was recorded as obligations under capital lease and was calculated with cnftfl 's implicit interest rate of 6.15 % per annum and stated at $ 25,750,170 at the inception of the lease on june 16 , 2013 . 36 orient paper hb made all payments due according to the schedule prior to december 15 , 2014. on december 15 , 2014 , orient paper hb stopped making principal payments and entered into negotiations with cnftfl regarding a modified payment schedule for the remaining obligations . during the course of negotiations , orient paper hb continued to make interest payments due ( as well as a payment of a liquidated damage of approximately $ 9,200 on december 26 , 2014 ) . no remedial measures were taken by the lessor or its parent company . on may 19 , 2015 and june 15 , 2015 , the company made payments to the lessor of rmb 5,000,000 ( approximately $ 0.8 million ) and rmb 20,000,000 ( approximately $ 3 million ) , respectively . on july 1 , 2015 , orient paper hb , shijiazhuang office of china orient asset management corporation ( “ china orient ” ) , the parent and assignee of the rights of cnftfl , and some guarantors of lease financing agreement , entered into an agreement ( the “ 2015 agreement ” ) to amend and restate the lease financing agreement entered into in 2013. the 2015 agreement sets forth a modified and extended payment schedule with respect to the remaining payment obligation , with the final repayment

cash and cash equivalents our cash and cash equivalents as of december 31 , 2015 was $ 2,641,917 , a decrease of $ 1,249,556 from $ 3,891,473 as of december 31 , 2014. the decrease of cash and cash equivalents for the year ended december 31 , 2015 was caused by a number of factors : i. net cash provided by operating activities net cash provided by operating activities was $ 21,204,585 for the year ended december 31 , 2015 , a decrease of $ 11,108,588 , or 34.38 % , from $ 32,313,173 for the year ended december 31 , 2014. the net income of the year ended december 31 , 2015 was $ 11,542,205 , representing a decrease of $ 164,155 , or 1.40 % , from $ 11,706,360 for the year ended december 31 , 2014. changes in various asset and liability account balances during the year ended december 31 , 2015 also contributed to the net change in cash generated from operating activities . chief among such changes is the net settlement of notes payable in the amount of $ 1,378,183 during the year ended december 31 , 2015. there was also an increase of $ 2,578,342 in the ending inventory balance as of december 31 , 2015 ( as a decrease to net cash for cash flow purposes ) . in addition , the company had non-cash expenses in depreciation and amortization in the amount of $ 13,398,990 in the year ended december 31 , 2015. ii .


 Write a concise suspicious activity report of the following text delimited by triple backquotes. Return your response as a formal report which covers the key points highlighting the location,dates,entity names and account holder information in chronological order of the text.
     ```cash and cash equivalents our cash and cash equivalents as of december 31 , 2015 was $ 2,641,917 , a decrease of $ 1,249,556 from $ 3,891,473 as of december 31 , 2014. the decrease of cash and cash equivalents for the year ended december 31 , 2015 was caused by a number of factors : i. net cash provided by operating activities net cash provided by operating activities was $ 21,204,585 for the year ended december 31 , 2015 , a decrease of $ 11,108,588 , or 34.38 % , from $ 32,313,173 for the year ended december 31 , 2014. the net income of the year ended december 31 , 2015 was $ 11,542,205 , representing a decrease of $ 164,155 , or 1.40 % , from $ 11,706,360 for the year ended december 31 , 2014. changes in various asset and liability account balances during the year ended december 31 , 2015 also contributed to the net change in cash generated from operating activities . chief among such changes is the net settlement of notes payable in the amount of $ 1,378,183 during the year ended december 31 , 2015. there was also an increase of $ 2,578,342 in the ending inventory balance as of december 31 , 2015 ( as a decrease to net cash for cash flow purposes ) . in addition , the company had non-cash expenses in depreciation and amortization in the amount of $ 13,398,990 in the year ended december 31 , 2015. ii .
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 Suspicious Activity Report : a 2.99 % decrease in tonnes of offset printing paper produced and sold during the year ended december 31 , 2015 , from 54,774 tonnes sold for the year ended december 31 , 2014. the changes in revenue dollar amount and in tonnage for the year ended december 31 , 2015 are summarized as follows : replace_table_token_4_th 27 monthly revenue ( excluding revenue of digital photo paper and tissue paper products ) for the 24 months ended december 31 , 2015 , are summarized below : the average selling price , or asp , for our major products for the years ended december 31 , 2014 and 2015 are summarized as follows : replace_table_token_5_th the following is a chart showing the month-by-month asps ( excluding the asps of digital photo paper and tissue paper products ) for the 24 month period ended december 31 , 2015 : 28 corrugating medium paper revenue from corrugating medium paper amounted to $ 96,885,757 ( representing 71.81 % of total offset printing paper , corrugating medium paper and tissue paper products revenue ) for the year ended december 31 , 2015 , which was an increase of $ 389,343 , or 0.40 % , from $ 96,496,414 in 2014. we sold 268,222 tonnes of corrugating medium paper in the year ended december 31 , 2015 as compared to 265,132 tonnes for 2014 , representing a 1.17 % increase in the quantity sold . as explained above , the slight increase is mainly attributable to the mixed effect of the full year production of light-weight cmp in 2015 while the production in 2014 began in may 2014 and the longer period of temporary production suspension in 2015 than in 2014. asp for regular cmp slightly decreased from $ 363/tonne in 2014 to $ 360/tonne in 2015 , representing a 0.83 % decrease . also , our pm6 production line produced 236,906 tonnes of regular cmp in 2015 , 12,604 tonnes , or 5.32 % , less than in 2014. the pm6 production line 's utilization rates for the year ended december 31 , 2015 and 2014 were 62.31 % and 65.81 % , respectively . our month-over-month asp for regular cmp was mostly stable , around $ 360/tonne in both 2015 and 2014. asp for regular cmp for 2015 was $ 360/tonne , representing a $ 3 ( or 0.83 % ) decrease compared to $ 363/tonne for 2014. we believe that the decrease was a result of the slowdown of china 's economic growth , an over-supply in the chinese paper industry and the depreciation of rmb to usd in 2015. in the fourth quarter of 2015 , asp for regular cmp dropped to $ 344/tonne ( rmb2,147/tonne ) from $ 370/tonne ( rmb2,269/tonne ) , representing a decrease of $ 26 , or 7 % . we consider this drop a sign for the downward pressure on the pricing in the chinese packaging paper industry . asp for light-weight cmp was mostly stable , around $ 370/tonne in both 2015 and 2014. asp for regular cmp for 2015 was $ 367/tonne , representing a $ 2 ( or 0.54 % ) decrease compared to $ 369/tonne for 2014. the government has been requiring outdated paper facilities to close since 2010 and is expected to continue to strictly enforce the mandatory closure of outdated capacity in the next few years . as a result , we estimate that the asps for cmp and other packaging paper will recover and remain relatively stable for 2016 as outdated paper facilities being eliminated , and the paper industry will witness increased competition and higher standards for environmental protection measures . we launched the pm6 production line in december 2011 and have been improving its output capacity in the past few years . the pm6 production line has a designated capacity of 360,000 tonnes/year . the utilization rates for 2015 and 2014 were 62.31 % and 65.81 % , respectively , representing a year-over-year decrease of 3.50 % . regular cmp produced and sold in 2015 was 12,604 tonnes less than in 2014 , as we experienced longer periods of mandated temporary suspension in production in 2015 as mentioned above . we expect to see an increased utilization rate in 2016. quantities of sold cmp that was produced by the pm6 production line from january 2014 to december 2015 are as follows : offset printing paper revenue from offset printing paper was $ 36,323,148 ( representing 26.92 % of the total offset printing paper , corrugating medium paper and tissue paper products revenues ) for the year ended december 31 , 2015 , which was a decrease of $ 1,240,801 , or 3.30 % , from $ 37,563,949 in 2014. we sold 53,137 tonnes of offset printing paper in the year ended december 31 , 2015 compared to 54,774 tonnes in 2014 , a decrease of 1,637 tonnes , or 2.99 % . the decline in quantities produced and sold in 2015 was mainly caused by the longer mandatory production suspension periods discussed above . asp for offset printing paper in 2015 was $ 684/tonne , representing a $ 2 ( or 0.29 % ) decrease compared to $ 686/tonne in 2014. we estimate that the regional market of offset printing paper will continue to be relatively stable and the asp will not experience a significant change in 2016 . 29 tissue paper products we began the commercial production of tissue paper products in wei county industry park in june 2015. we process base tissue paper purchased from long-term cooperative third party and produce finished tissue paper products , including toilet paper , boxed and soft-packed tissues , handkerchief tissues , and paper napkins , as well as bathroom and kitchen paper towels that are marketed and sold under the orient paper brand . story_separator_special_tag excluding the related party payables , the net working capital deficit as of december 31 , 2015 was $ 12,973,088. on january 20 , 2014 , our chairman and chief executive officer ( “ ceo ” ) mr. zhenyong liu agreed in writing to permit the company to continue to postpone the repayment of the accrued interest on his loan to orient paper hb until the company is able to pay its other creditors in its normal course of business . the accrued interest owned to mr. zhenyong liu was approximately $ 552,115 , which was recorded in other payables and accrued liabilities as part of the current liabilities in the consolidated balance sheet as of december 31 , 2015. on march 1 , 2015 , the company entered an agreement with the ceo which allows orient paper hb to borrow from the ceo an amount up to $ 18,479,734 ( rmb120,000,000 ) for working capital purposes . the advances or funding under the agreement are due three years from the date each amount is funded . the loan will be unsecured and carry an annual interest rate , set on the basis of the primary lending rate of the people 's bank of china at the time of the borrowing . on july 13 , 2015 , an unsecured loan of $ 4,619,933 was drawn from the facility , which carries an interest rate of 5.25 % . the loan matures on july 12 , 2018. our loan-to-equity ratio was 35.73 % as of december 31 , 2015. our debt-asset ratio was 26.32 % as of december 31 , 2015. the industry average of debt-asset ratios for 2014 was over 50 % according to www.wenku.baidu.com . as long as we are able to manage our short-term liquidity through various efforts described above , we believe that our overall financial condition , compared to our chinese peers , is reasonably healthy and should allow us to further leverage our assets to provide capital for future growth . from time to time , we investigate financing opportunities with banks and other financial institutions and investors both inside and outside of china , and we may seek long-term financings to pay off liabilities with shorter terms . we can not guarantee that our efforts will be successful . as of the date of this report , we have not entered into any material binding agreement for additional long-term financing . there can be no assurance that we will be able to secure such financing either from banks or through debt or equity investments from investors . if we are unable to obtain sufficient outside financing , whether short-term or long-term , or generate sufficient operating cash flow internally , the progress of our construction or renovation projects may slow down or may otherwise be negatively affected . we may also have to curtail the scope of our capital expenditure projects or shelve some components of such projects , such as , delaying the installation of pm9 until additional capital resources are available . financing with sale-leaseback the company entered into a sale-leaseback arrangement ( the “ lease financing agreement ” ) with cnftfl on june 16 , 2013 , for a total financing proceeds in the amount of rmb 150 million ( approximately us $ 24 million ) . under the sale-leaseback arrangement , orient paper hb sold the leased equipment to cnftfl for rmb 150 million ( approximately us $ 24 million ) . concurrent with the sale of equipment , orient paper hb leases back all of the equipment sold to cnftfl for a lease term of three years . at the end of the lease term , orient paper hb may pay a nominal purchase price of rmb 15,000 ( approximately $ 2,400 ) to cnftfl and buy back all of the leased equipment . the sale-leaseback is treated by the company as a mere financing and capital lease transaction , rather than a sale of assets ( under which gain or loss is immediately recognized ) under asc 840-40-25-4. all of the leased equipment are included as part of the property , plant and equipment of the company for the periods presented ; while the net present value of the minimum lease payment ( including a lease service charge equal to 5.55 % of the amount financed , i.e . approximately us $ 1.36 million ) was recorded as obligations under capital lease and was calculated with cnftfl 's implicit interest rate of 6.15 % per annum and stated at $ 25,750,170 at the inception of the lease on june 16 , 2013 . 36 orient paper hb made all payments due according to the schedule prior to december 15 , 2014. on december 15 , 2014 , orient paper hb stopped making principal payments and entered into negotiations with cnftfl regarding a modified payment schedule for the remaining obligations . during the course of negotiations , orient paper hb continued to make interest payments due ( as well as a payment of a liquidated damage of approximately $ 9,200 on december 26 , 2014 ) . no remedial measures were taken by the lessor or its parent company . on may 19 , 2015 and june 15 , 2015 , the company made payments to the lessor of rmb 5,000,000 ( approximately $ 0.8 million ) and rmb 20,000,000 ( approximately $ 3 million ) , respectively . on july 1 , 2015 , orient paper hb , shijiazhuang office of china orient asset management corporation ( “ china orient ” ) , the parent and assignee of the rights of cnftfl , and some guarantors of lease financing agreement , entered into an agreement ( the “ 2015 agreement ” ) to amend and restate the lease financing agreement entered into in 2013. the 2015 agreement sets forth a modified and extended payment schedule with respect to the remaining payment obligation , with the final repayment

