STATUTORY RESERVES (Tables)

6 Months Ended

Jun. 30, 2013

Statutory Reserves [Abstract]

Statutory Reserve Activity

For the six months ended June 30, 2013, statutory reserve activity is as follows:

Balance – January 1, 2013	$	14,566,846
Addition to statutory reserves		2,117,544
Balance – June 30, 2013	$	16,684,390