CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	6 Months Ended
	Jun. 30, 2013	Jun. 30, 2012
CASH FLOWS FROM OPERATING ACTIVITIES
Net income	$ 28,986,997	$ 24,921,678
Adjustments to reconcile net income to cash provided by operating activities:
Depreciation and amortization	2,100,078	1,338,540
Share-based compensation	155,920	214,475
Gain on extinguishment of warrant liabilities	(3,520)	(73,291)
Change in fair value of warrants	35,000	474,000
Deferred income tax benefits	(29,092)	180,702
(Increase) decrease in assets:
Accounts receivable	2,124,534	(75,526)
Prepayments for raw material purchases	(269,428)	3,949,625
Other receivables, deposits and prepayments	(96,368)	402,111
Inventories	(1,248,432)	(2,327,659)
Increase (decrease) in liabilities:
Accounts payable	2,052,624	(899,804)
Other payables and accruals	1,173,543	(286,113)
Income taxes payable	(276,938)	201,621
Net cash provided by operating activities	34,704,918	28,020,359
CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of property, plant and equipment	(41,671)	(2,274,852)
Deposits for plant and equipment and construction in progress	(961,226)	(4,650,631)
Net cash used in investing activities	(1,002,897)	(6,925,483)
CASH FLOWS FROM FINANCING ACTIVITIES
Dividend paid	0	(992,846)
Net cash used in financing activities	0	(992,846)
Foreign currency translation adjustment	2,839,465	(550,690)
INCREASE IN CASH AND CASH EQUIVALENTS	36,541,486	19,551,340
CASH AND CASH EQUIVALENTS, at the beginning of the period	144,300,290	105,637,627
CASH AND CASH EQUIVALENTS, at the end of the period	180,841,776	125,188,967
MAJOR NON-CASH TRANSACTIONS:
Share-based compensation to employees and directors	155,920	214,475
Issuance of common stock to settle warrant liabilities	60,480	311,704
SUPPLEMENTAL DISCLOSURE INFORMATION
Cash paid for income taxes	$ 10,578,202	$ 8,744,632