STATUTORY RESERVES (Tables)

3 Months Ended

Mar. 31, 2013

Statutory Reserves [Abstract]

Statutory Reserve Activity

For the three months ended March 31, 2013, statutory reserve activity is as follows:

Balance – January 1, 2013	$	14,566,846
Addition to statutory reserves		973,759
Balance – March 31, 2013	$	15,540,605