SEGMENT DATA AND RELATED INFORMATION

12 Months Ended

Dec. 31, 2012

Segment Reporting [Abstract]

SEGMENT DATA AND RELATED INFORMATION

NOTE 22 SEGMENT DATA AND RELATED INFORMATION

The Company operates in one business segment, the manufacturing and sale of refined copper rod and copper anode, as well as copper clad aluminum (CCA) wire and copper wire produced from refined copper rod. The Company also operates in only one geographical segment – China, as all of the Company’s products are sold to customers located in China and the Company’s manufacturing operations are located in China.

The Company’s major product categories are: (1) wire manufacturing, consisting of (a) CCA fine and superfine wire, which is an electrical conductor consisting of an outer sleeve of copper that is metallurgically bonded to a solid aluminum core, and (b) copper fine and superfine wire, manufactured from refined copper rod; (2) refined copper rod; and (3) refined copper anode, the latter two of which are fire refined from scrap copper.

Management evaluates performance based on several factors, of which net revenue and gross profit by product are the primary financial measures:

	Year ended December 31,
	2012		2011		2010
Net revenue from unaffiliated customers:
Copper and CCA wire	$	393,782,161	$	335,574,034	$	243,132,742
Copper anode		381,114,304		287,269,353		97,613,692
Refined copper rod		78,870,076		14,250,052		29,785,251
	$	853,766,541	$	637,093,439	$	370,531,685
Gross profit:
Copper and CCA wire	$	47,885,410	$	49,722,321	$	50,934,170
Copper anode		37,667,562		25,224,807		8,506,764
Refined copper rod		3,995,402		766,544		2,661,221
	$	89,548,374	$	75,713,672	$	62,102,155