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Lines of credit (Tables)
6 Months Ended
Jun. 30, 2013
Lines of credit [Abstract]  
Schedule of Lines of Credit

The Company entered into various credit contracts and revolving lines of credit, which were used for short-term loans and bank acceptance bills. The following tables summarize the unused lines of credit as of June 30, 2013 and December 31, 2012:

 

    June 30, 2013 (Unaudited)
Lender   Starting date   Maturity date   Line of credit     Unused line of credit  
            $     $  
Shanghai Commercial & Savings Bank   8/29/2012   8/29/2013     2,600,000       850,000  
Shanghai Commercial & Savings Bank   9/7/2012   9/6/2013     6,000,000       3,000,000  
Industrial and Commercial Bank of China   7/26/2012   7/25/2015     6,471,968       2,962,220  
China Citic Bank   3/29/2013   3/29/2014     7,280,964       5,667,826  
Ping An Bank Co., Ltd   12/7/2012   11/21/2013     22,651,889       19,140,846  
Bank of China   1/25/2013   1/25/2014     3,235,984       22,005  
Bank of China   1/10/2013   1/10/2014     11,325,944       1,298,018  
Industrial and Commercial Bank of China (MACAU)LIMITED   3/14/2013   9/19/2013     3,000,000       -  
China Everbright Bank   5/30/2013   5/29/2014     6,471,968       3,898,714  
Total             69,038,717       32,839,629  

 

    December 31, 2012
Lender   Starting date   Maturity date   Line of credit     Unused line of credit  
            $     $  
Bank of China   1/13/ 2012   1/12/2013     8,024,008       457,047  
Wing Lung Bank Ltd.   3/29/2012   3/28/2013     2,600,000       -  
Wing Lung Bank Ltd.   4/20/2012   4/19/2013     2,709,398       -  
Shanghai Commercial & Savings Bank   7/31/2012   6/7/2013     4,000,000       -  
Shanghai Commercial & Savings Bank   8/29/2012   8/29/2013     2,600,000       850,000  
Shanghai Commercial & Savings Bank   9/7/2012   9/6/2013     6,000,000       3,000,000  
Industrial and Commercial Bank of China   7/26/2012   7/25/2015     6,419,206       2,321,345  
Ping An  Bank Co., Ltd   12/7/2012   11/21/2013     22,467,222       13,645,467  
China Everbright Bank   8/1/2012   7/31/2013     8,024,008       8,024,008  
China Resources Bank Of Zhuhai   4/28/2012   4/28/2013     6,419,206       6,419,206  
Total             69,263,048       34,717,073