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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 2,059,409 $ 5,661,000
Adjustments to reconcile net income to net cash provided by operating activities    
Depreciation and amortization 706,064 865,108
Deferred income tax assets 60,515 0
Changes in operating assets and liabilities    
Accounts receivable 14,225,403 10,143,930
Other receivable 2,009 (108,542)
Advances to suppliers and other current assets (109,276) (28,135)
Inventories 1,163,961 (837,263)
Accounts payable (875,022) 2,457,839
Accrued expenses (1,233,484) (1,699,172)
Income tax payable (1,055,393) (2,451,649)
Advances from customers (178,673) (394,573)
Net cash provided by operating activities 14,765,513 13,608,543
CASH FLOWS FROM INVESTING ACTIVITIES    
Additions to property, plant and equipment (1,320,608) (60,901)
Prepayment for other assets (13,621) (225,513)
Net cash used in investing activities (1,334,229) (286,414)
CASH FLOWS FROM FINANCING ACTIVITIES    
Decreased in restricted cash 284,361 103,574
Short-term notes payable (284,361) (103,574)
Proceeds from short-term bank loans 3,170,879 2,486,808
Repayment of short-term bank loans (1,139,578) 0
Net cash provided by financing activities 2,031,301 2,486,808
Effect of change in exchange rate 96,897 560,614
NET INCREASE IN CASH AND CASH EQUIVALENTS 15,559,482 16,369,551
Cash and cash equivalents, beginning of period 61,154,007 49,350,385
Cash and cash equivalents, end of period 76,713,489 65,719,936
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION    
Cash paid for interest 154,812 163,795
Cash paid for income taxes 1,923,258 4,381,457
SUPPLEMENTARY DISCLOSURE OF SIGNIFICANT NON-CASH TRANSACTION    
Transferred from other assets to property, plant and equipment and construction in process $ 5,158,425 $ 445,487