XML 20 R33.htm IDEA: XBRL DOCUMENT v2.4.0.8
RELATED PARTY TRANSACTION (Tables)
 9 Months Ended
Sep. 30, 2014
Schedule of Related Party Balances [Table Text Block]
            September 30,     December31,  
  Related parties   Relationship     2014     2013  
  Amounts due from related parties         (Unaudited)        
  Zhejiang Shuangsheng Logistic Company Limited (“Shuangsheng Logistic”)   Controlled by the same ultimate stockholders   $   -   $ 97,887  
  Shuangdeng Paper   Controlled by the same ultimate stockholders     114,191     127,935  
          $ 114,191   $ 225,822  
                     
  Amounts due to related parties                  
                     
  SD Group   Controlled by the same ultimate stockholders   $ 304,687   $   -  
  Shuang Ke Da   Controlled by the same ultimate stockholders     332,540     216,992  
  Shuangsheng Logistic   Controlled by the same ultimate stockholders     2,417     2,435  
  Hangzhou New Shengda Investment Limited (“New Shengda”)   Controlled by the same ultimate stockholders     904,573     551,112  
  Shuangdeng Paper   Controlled by the same ultimate stockholders     1,164,990     1,361,307  
          $ 2,709,207   $ 2,131,846  
Schedule of Related Party Transactions [Table Text Block]
            Three Months Ended September 30,     Nine Months Ended September 30,  
  Related parties   Relationship     2014     2013     2014     2013  
            (Unaudited)     (Unaudited)     (Unaudited)     (Unaudited)  
  Lease from related parties                              
  New Shengda   Controlled by the same ultimate stockholders   $ 147,510   $ 68,080   $ 439,290   $ 202,880  
  ShuangKeDa   Controlled by the same ultimate stockholders     68,838     -     205,002     -  
  SD Group   Controlled by the same ultimate stockholders     102,438     145,357     305,063     361,575  
          $ 318,786   $ 213,437   $ 949,355   $ 564,455  
                                 
  Transportation service from related party                              
  Shuangsheng Logistic   Controlled by the same ultimate stockholders   $ 180,033   $ 191,176   $ 382,678   $ 339,200  
                                 
  Sales to related parties                              
  Shuangdeng Paper   Controlled by the same ultimate stockholders   $ 54,993   $ 49,299   $ 219,838   $ 191,464  
                                 
  Shengda XiangWei   Controlled by the same ultimate stockholders     14,107     58,495     73,025     163,296  
          $ 69,100   $ 107,794   $ 292,863   $ 354,760  
  Purchase of steam from related party                              
  Shuangdeng Paper   Controlled by the same ultimate stockholders   $ 601,928   $ 1,831,244   $ 1,253,734   $ 1,831,224  
                                 
  Purchase of water and electricity from related party                              
  Shuang Ke Da   Controlled by the same ultimate stockholders   $ 272,008   $ 226,632   $ 959,593   $ 684,419