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NON-CONTROLLING INTEREST IN SUBSIDIARIES (Tables)
3 Months Ended
Mar. 31, 2014
NON-CONTROLLING INTEREST IN SUBSIDIARIES [Abstract]  
Schedule of Non-controlling Interest

Non-controlling interest in subsidiaries represents a 10% non-controlling interest, owned by the Ruili Group, in Ruian, and a 40% non-controlling interest, owned by the Company's Joint Venture partners, in SIH. Net income attributable to non-controlling interests in subsidiaries amounted to $293,197 and $140,300 for the three months ended March 31, 2014 and 2013, respectively.

 

    March 31, 2014     March 31, 2013  
10% non-controlling interest in Ruian   $ 323,050     $ 144,562  
40% non-controlling interest in SIH   $ (29,853 )   $ (4,262 )
                 
Total   $ 293,197     $ 140,300