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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (USD $)
9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 8,198,186 $ 9,838,564
Adjustments to reconcile net income to net cash provided by operating activities    
Depreciation and amortization 3,084,199 3,376,671
Deferred income tax (328,769) 142,638
Changes in operating assets and liabilities    
Accounts receivable 32,292,692 6,551,325
Other receivable (724,588) (113,858)
Advances to suppliers and other current assets 14,436 (47,955)
Inventories (131,997) (296,284)
Accounts payable (9,740,930) 3,849,078
Accrued expenses 227,166 (2,683,737)
Income tax payable (2,027,925) (170,942)
Advances from customers 520,020 (178,401)
Net cash provided by operating activities 31,382,490 20,267,099
CASH FLOWS FROM INVESTING ACTIVITIES    
Additions to property, plant and equipment (663,182) (3,829,822)
Prepayment for other assets (38,531,578) (1,460,764)
Net cash used in investing activities (39,194,760) (5,290,586)
CASH FLOWS FROM FINANCING ACTIVITIES    
(Increase) Decrease in restricted cash (804,480) 283,929
Short-term notes payable 1,480,242 (283,929)
Proceeds from related party loan 8,000,000   
Proceeds from short-term bank loans 13,649,887 6,332,120
Repayment of short-term bank loans (6,715,275) (1,137,847)
Net cash provided by financing activities 15,610,374 5,194,273
Effect of change in exchange rate 1,818,168 (455,603)
NET INCREASE IN CASH AND CASH EQUIVALENTS 9,616,272 19,715,183
Cash and cash equivalents, beginning of period 77,560,278 61,154,007
Cash and cash equivalents, end of period 87,176,550 80,869,190
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION    
Cash paid for interest 852,705 640,184
Cash paid for income taxes 5,293,700 3,740,987
SUPPLEMENTARY DISCLOSURE OF SIGNIFICANT NON-CASH TRANSACTION    
Transferred from other assets to property, plant and equipment and construction in process $ 318,606 $ 5,217,366