CONSOLIDATED BALANCE SHEETS (USD $)	Dec. 31, 2013	Dec. 31, 2012
CURRENT ASSETS
Cash and cash equivalents	$ 203,406,220	$ 144,300,290
Accounts receivable, net	60,497,780	45,284,923
Prepayments for raw material purchases	17,143,138	19,569,239
Other receivables, deposits and prepayments	337,189	559,955
Prepaid land use right - current portion	418,502	406,026
Deferred income tax assets	146,418	24,948
Inventories	12,140,696	17,844,405
Total current assets	294,089,943	227,989,786
OTHER ASSETS
Property, plant and equipment, net	47,139,458	47,197,115
Construction in progress	5,559,901	175,006
Prepaid land use right - long-term portion	18,701,959	18,546,658
Intangible assets	42,195	3,332
Total non-current assets	71,443,513	65,922,111
Total assets	365,533,456	293,911,897
CURRENT LIABILITIES
Accounts payable	7,415,370	3,891,110
Other payables and accruals	7,143,964	4,937,404
Income taxes payable	4,941,050	5,797,188
Warrant liabilities	33,262	354,000
Total current liabilities	19,533,646	14,979,702
Total liabilities	19,533,646	14,979,702
STOCKHOLDERS' EQUITY
Preferred stock: $0.0001 par value, 10,000,000 shares authorized, none issued and outstanding	0	0
Common stock, $0.0001 par value: 75,000,000 shares authorized, 30,295,955 shares issued and 30,031,908 shares outstanding as of December 31, 2013 (2012: 30,084,883 shares issued and 29,820,836 shares outstanding), respectively	3,029	3,008
Additional paid-in capital	80,627,496	79,257,921
Treasury stock, at cost, 264,047 shares as of December 31, 2013 and 2012, respectively	(2,126,597)	(2,126,597)
Statutory reserves	18,723,836	14,566,846
Retained earnings	222,165,580	170,163,120
Accumulated other comprehensive income	26,606,466	17,067,897
Total stockholders' equity	345,999,810	278,932,195
Total liabilities and stockholders' equity	$ 365,533,456	$ 293,911,897