PROPERTY, PLANT AND EQUIPMENT, NET

12 Months Ended

Dec. 31, 2012

6. PROPERTY, PLANT AND EQUIPMENT, NET

Property, plant and equipment, net consist of the following:

	At December 31, 2011			At December 31, 2012

	$			$
Buildings		150,147,460			166,300,361
Leasehold improvements		2,742,305			4,873,232
Machinery		413,079,111			422,895,433
Furniture, fixtures and equipment		26,397,638			34,611,157
Motor vehicles		2,908,260			3,023,309

		595,274,774			631,703,582
Less: Accumulated depreciation		(122,078,346	)		(202,390,860	)

		473,196,428			429,312,722
Construction in process		36,873,008			40,330,100

Property, plant and equipment, net		510,069,436			469,642,822

Depreciation expense of property, plant and equipment was $30,946,035, $55,104,656 and $80,644,322 for the years ended December 31, 2010, 2011 and 2012, respectively. Construction in process represents production facilities under construction.

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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