CONSOLIDATED BALANCE SHEETS (USD $)	Sep. 30, 2012	Dec. 31, 2011
Current Assets:
Cash and cash equivalents	$ 5,500,805	$ 5,175,623
Restricted cash	22,319,701	12,708,999
Accounts receivable, net	23,961,421	21,129,418
Notes receivable	1,243,819	515,107
Prepayments	3,628,248	4,251,723
Other receivables	811,909	1,041,614
Inventories	16,964,816	13,512,942
Total Current Assets	74,430,719	58,335,426
Property, plant and equipment, net	30,955,446	25,462,656
Land use rights, net	4,408,740	3,132,965
Intangible asset, net	712,500	750,000
Deferred tax assets	632,101	857,209
Foreign currency derivatives assets	113,402	15,653
TOTAL ASSETS	111,252,908	88,553,909
Current Liabilities:
Accounts payable	25,371,520	22,153,822
Deferred revenue	655,446
Short-term loan	15,671,794	9,545,383
Notes payable	24,286,540	17,909,843
Letter of credit		2,880,000
Other payables and accrued liabilities	5,349,133	6,941,063
Income taxes payable	875,054	411,536
Current portion of long-term loan	1,749,976
Total Current Liabilities	73,959,463	59,841,647
Long-term loan	6,204,461
TOTAL LIABILITIES	80,163,924	59,841,647
COMMITMENTS AND CONTINGENCIES
Stockholder's equity
Preferred Stock (Par value: $0.0001, Authorized: 10,000,000 shares, Issued and outstanding: none)
Common stock (Par value : $0.0001, Authorized: 100,000,000 shares, 13,582,106 shares issued and outstanding at September 30, 2012 and December 31, 2011)	1,358	1,358
Additional paid-in capital	5,976,696	5,831,237
Statutory and other reserves	2,726,390	2,726,390
Retained earnings	16,789,917	15,638,656
Accumulated other comprehensive income	4,749,100	4,514,621
Total equity for the Company's stockholders	30,243,461	28,712,262
Non-controlling interest	845,523
TOTAL EQUITY	31,088,984	28,712,262
TOTAL LIABILITIES AND EQUITY	$ 111,252,908	$ 88,553,909