STATUTORY RESERVES (Tables)

9 Months Ended

Sep. 30, 2013

Statutory Reserves [Abstract]

Statutory Reserve Activity

For the nine months ended September 30, 2013, statutory reserve activity is as follows:

Balance – January 1, 2013	$	14,566,846
Addition to statutory reserves		3,198,626
Balance – September 30, 2013	$	17,765,472