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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (USD $)
6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 7,238,864 $ 8,975,781
Adjustments to reconcile net income to net cash provided by operating activities:    
Interest on capital lease obligation 106,206 108,044
Amortization of prepaid land leases 189,918 105,051
Depreciation and amortization 13,685,539 11,290,588
Write-off/Impairment on property, plant and equipment 0 911,995
Exchange (gain) loss on inter-company balances 431,147 (92,057)
Stock-based compensation expense 532,300 26,300
Deferred tax asset 0 160,826
Changes in assets and liabilities:    
Accounts receivable (2,621,905) (19,514,217)
Inventories 715,714 467,279
Prepayments and deposits (18,750) (38,610)
Accounts payable and accrued expenses (296,268) 206,207
Retention payable (1,055,003) (457,813)
Taxes payable 1,797,837 189,434
Net cash provided by operating activities 20,705,599 2,338,808
CASH FLOWS USED IN INVESTING ACTIVITIES    
Additions of prepaid land leases (588,830) (422,877)
Additions of prepaid land leases 0 (7,871,130)
Net cash used in investing activities (588,830) (8,294,007)
CASH FLOWS USED IN FINANCING ACTIVITIES    
Repayment of capital lease obligation (302,498) (297,598)
Net cash used in financing activities (302,498) (297,598)
EFFECTS OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS 1,367,206 (278,492)
NET INCREASE IN CASH AND CASH EQUIVALENTS 21,181,477 (6,531,289)
CASH AND CASH EQUIVALENTS - BEGINNING OF PERIOD 65,241,035 78,576,060
CASH AND CASH EQUIVALENTS - END OF PERIOD 86,422,512 72,044,771
Cash paid during the period for:    
Income taxes $ 1,287,273 $ 2,945,542