v2.3.0.11
Consolidated Statement of Changes in Shareholders Equity (USD $)
Total
Preferred Stock [Member]
Preferred Stock Subscribed [Member]
Common Stock [Member]
Common Stock Subscribed [Member]
Additional Paid-In Capital [Member]
Accumulated Other Comprehensive Income [Member]
Statutory Reserve Fund [Member]
Retained Earning (Unrestricted) [Member]
Beginning Balance at Dec. 31, 2010 $ 31,158,740     $ 36,888 $ 253 $ 11,024,449 $ 1,207,195 $ 1,038,988 $ 17,850,967
Beginning Balance (Shares) at Dec. 31, 2010       36,888,000 253,020        
Issuance of 5,000,000 shares of preferred stock 10,000,000 5,000       9,995,000      
Issuance of 5,000,000 shares of preferred stock (Shares)   5,000,000              
Preferred stock subscribed 6,000,000   3,000     5,997,000      
Preferred stock subscribed (Shares)     3,000,000            
Cancellation of the common stock subscription agreements (506,040)       (253) (505,787)      
Cancellation of the common stock subscription agreements (Shares)         (253,020)        
Foreign currency translation adjustment 747,194           747,194    
Net income for the period 7,052,162               7,052,162
Ending Balance at Jun. 30, 2011 $ 54,452,056 $ 5,000 $ 3,000 $ 36,888   $ 26,510,662 $ 1,954,389 $ 1,038,988 $ 24,903,129
Ending Balance (Shares) at Jun. 30, 2011   5,000,000 3,000,000 36,888,000