Commitments and contingencies

9 Months Ended

Sep. 30, 2012

Commitments and contingencies [Abstract]

Commitments and contingencies

21. Commitments and contingencies

Operating leases commitments

The Company leases factory and office premises under various non-cancelable operating lease agreements that expire at various dates through years 2012 to 2016, with an option to renew the lease. All leases are on a fixed repayment basis. None of the leases includes contingent rentals. Minimum future commitments under these agreements payable as of September 30, 2012 are as follows:

	$
2012		264,820
2013		595,888
2014		309,982
2015		298,181
2016		298,181
		1,767,052

Rent expenses for the nine months ended September 30, 2012 and 2011 were $928,351 and $818,652, respectively, for the three months ended September 30, 2012 and 2011, rent expenses were $309,502 and $276,433, respectively.

Capital commitments and contingencies

The Company had contracted capital commitments of $2,032,800 for the construction of Ganzhou plant as of September 30, 2012, and $1,755,387 for the construction of the Huizhou plant as of December 31, 2011.