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DEPOSITS RELATED TO LAND USE RIGHT
6 Months Ended
Jun. 30, 2013
Deposits Related To Land Use Right [Abstract]  
DEPOSITS RELATED TO LAND USE RIGHT
NOTE 6 – DEPOSITS RELATED TO LAND USE RIGHT
 
As of June 30, 2013, the deposits mainly represented a $13,510,800 (equivalent RMB83,400,000) refundable payment made by Guizhou Taibang to the local government in connection with the public bidding for a land use right in Guizhou Province. The payment will be refunded within one year following the completion of the bidding process. If the Company is successful in the bid, the land use right will be used for the construction of a new manufacturing facility to comply with the new GMP standard effective by the end of 2013. However, due to potential delays in government approval procedures with respect to the land use right for such site, the Company may not be able to complete the construction of the new production facility as planned. In order to mitigate the operation disruption at Guizhou Taibang, the Company started to upgrade its existing production facility to meet the new GMP standard in June 2013. The production of the related facilities was suspended and the total production capacity of the Company is expected to decrease in part of 2013 and 2014.