INVENTORIES, NET (Tables)

9 Months Ended

Sep. 30, 2013

Inventory, Net [Abstract]

Inventories

Inventories as of September 30, 2013 and December 31, 2012 consisted of the following:

	As of
	September 30,		December 31,
	2013		2012
Raw materials	$	56,662,103	$	8,548,288
Work-in-progress		101,128,019		109,311,733
Finished goods		13,498,429		26,899,404
Inventory in transit		-		5,281,996
Inventory valuation allowance		(1,908,402)		-
Total inventory	$	169,380,149	$	150,041,421