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Condensed Consolidated Balance Sheets (USD $)
Sep. 30, 2012
Dec. 31, 2011
Current assets:    
Cash and cash equivalents $ 11,043,457 $ 7,700,156
Restricted cash 538,641 706,802
Accounts receivable, net 2,275,592 1,917,699
Inventories 1,637,952 1,187,895
Note receivable-related parties, current portion    239,476
Loans to customer and supplier 2,876,785 2,513,460
Other receivables 197,861 53,936
Prepayments 3,245,281 3,633,674
Other current assets 339,553 914,594
Deferred tax assets 46,327 46,042
Total current assets 22,201,449 18,913,734
Property, plant and equipment, net 4,922,941 4,771,299
Construction in progress 320,848 35,878
Intangible asset, net 1,274,936 838,089
Other non-current assets 121,439 328,006
Total assets 28,841,613 24,887,006
Current liabilities:    
Accounts payable 581,950 784,777
Other payables and accrued liabilities 917,942 758,907
Income tax payable 1,746,235 1,216,841
Convertible notes, net 6,569,182   
Current portion of long-term borrowing 1,343,553 785,456
Total current liabilities 11,158,862 3,545,981
Convertible notes, net    4,488,881
Note payable - related party 13,722 13,722
Advance from government grant 187,193 355,754
Long-term borrowing 948,391 628,365
Total liabilities 12,308,168 9,032,703
Commitments and contingencies      
Stockholders' equity:    
Common stock, $0.001 par value, 50,000,000 shares authorized, 13,324,083 issued and outstanding as of September 30, 2012 and December 31, 2011 13,324 13,324
Additional paid-in capital 12,220,181 12,220,181
Retained earnings 3,266,051 2,695,983
Statutory reserve 373,406 373,406
Accumulated other comprehensive income 660,483 551,409
Total stockholders' equity 16,533,445 15,854,303
Total liabilities and stockholders' equity $ 28,841,613 $ 24,887,006