UNAUDITED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$ 37,310,832	$ 30,503,428
Adjustments to reconcile net income to cash provided by operating activities:
Depreciation	2,281,223	2,192,436
Amortization	1,525,267	1,769,484
Loss on sale of property, plant and equipment	60,518	133,218
Allowance / (reversal of allowance) for doubtful accounts, net	57,532	(14,674)
Write-down of obsolete inventories	49,703	151,014
Deferred tax expense / (benefit), net	26,341	(677,477)
Stock compensation	1,992,958	2,418,287
Change in fair value of derivative liabilities	(1,769,140)	(12,197,249)
Amortization of deferred note issuance cost	0	91,945
Amortization of discount on convertible notes	0	3,503,767
Equity in income of equity method investee	(1,474,303)	(734,082)
Change in operating assets and liabilities
Accounts receivable - third parties	(4,692,006)	(10,150,102)
Accounts receivable -a related party	0	214,587
Other receivables	179,282	27,582
Inventories	2,045,191	(9,319,703)
Prepayments and prepaid expenses	(471,755)	(1,299,510)
Accounts payable	(1,546,373)	1,200,716
Other payables and accrued expenses	(3,053,145)	378,573
Due to related parties	1,255,867	0
Advance from customers	891,890	857,251
Advance from customers - a related party	(490,497)	0
Income tax payable	(2,185,825)	2,735,990
Other taxes payable	75,672	563,983
Net cash provided by operating activities	32,069,232	12,349,464
CASH FLOWS FROM INVESTING ACTIVITIES:
Dividend received	555,310	0
Purchase of property, plant and equipment	(5,098,533)	(4,596,500)
Purchase of intangible assets and land use right	(796,707)	(413,925)
Purchase of short-term investment	(1,348,610)	0
Net cash used in investing activities	(6,688,540)	(5,010,425)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from warrants exercised	4,500,000	0
Proceeds from stock option exercised	0	100,000
Proceeds from short term bank loans	0	18,373,200
Repayment for short term bank loans	(11,106,200)	(3,062,200)
Acquisition of noncontrolling interest	0	(7,635,000)
Dividend paid by subsidiaries to noncontrolling interest shareholders	(4,379,016)	(5,589,920)
Net cash (used in)/provided by financing activities	(10,985,216)	2,186,080
EFFECTS OF EXCHANGE RATE CHANGE IN CASH	679,914	2,375,192
NET INCREASE IN CASH	15,075,390	11,900,311
Cash at the beginning of period	89,411,835	64,941,368
Cash at the end of period	104,487,225	76,841,679
Supplemental cash flow information
Cash paid for income taxes	8,669,815	7,521,952
Cash paid for interest expense	204,982	370,918
Noncash investing and financing activities:
Convertible notes conversion	0	12,972,000
Utilization of prepayments and deposits to acquire property, plant and equipment	0	836,000
Exercise of warrants that were liability classified	3,641,279	0
Acquisition of property, plant and equipment included in payables	$ 347,439	$ 1,993,920