CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	6 Months Ended
	Jun. 30, 2013	Jun. 30, 2012
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$ 9,377,493	$ 7,850,611
Adjustments to reconcile net income to cash provided by operating activities:
Change in fair value of warrants	(173)	(140,759)
Depreciation and amortization	731,128	618,482
Share-based compensation expense	108,613	207,964
(Increase) decrease in assets:
Accounts receivable	(8,537)	(6,744)
Inventories	(265,896)	(492,222)
Prepayments and other receivables	885,634	912,912
Increase (decrease) in liabilities:
Accounts payable	0	(6,332)
Other payables and accruals	305,355	155,434
Taxes payable	(197,651)	(217,584)
Net cash provided by operating activities	10,935,966	8,881,762
CASH FLOWS FROM INVESTING ACTIVITIES:
Advances from sale of fixed assets	0	1,268,351
Purchase of property, plant and equipment	0	(15,926)
Net cash provided by investing activities	0	1,252,425
CASH FLOWS FROM FINANCING ACTIVITIES:
Decrease in restricted cash	0	4,170
Purchase of common stock	0	(69,214)
(Repayment to) advance from related party	(27,009)	77,143
Net cash (used in) provided by financing activities	(27,009)	12,099
Foreign currency translation adjustment	1,412,437	(232,209)
INCREASE IN CASH AND CASH EQUIVALENTS	12,321,394	9,914,077
CASH AND CASH EQUIVALENTS, at the beginning of the period	75,526,533	54,556,329
CASH AND CASH EQUIVALENTS, at the end of the period	87,847,927	64,470,406
NON-CASH TRANSACTIONS
Preferred stock and dividend converted into common stock	0	995,587
Preferred stock dividend payable	112,246	138,874
Share-based payment to officers and directors under equity incentive plan	108,613	207,964
SUPPLEMENTAL DISCLOSURE INFORMATION
Income taxes paid	$ 3,468,821	$ 3,050,703