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CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS EQUITY (Unaudited) (USD $)
Common Stock
Treasury Stock
Additional Paid-In Capital
Statutory Common Reserve
Retained Earnings
Cumulative Translation Adjustment
Total
Balance at Dec. 31, 2013 $ 19,383 $ (500,000) $ 80,033,981 $ 17,265,572 $ 166,421,427 $ 31,754,729 $ 294,995,092
Balance, shares at Dec. 31, 2013 38,580,602            
Shares Issued at Dec. 31, 2013 38,765,201 184,599          
Translation adjustments           (2,939,120) (2,939,120)
Common stock issued for cashless exercise of stock options 73   (73)            
Common stock issued for cashless exercise of stock options, shares 145,813            
Issuance stock options to employees and directors     30,000       30,000
Net income         9,951,150   9,951,150
Transfer to statutory common reserve fund       388,397 (388,397)      
Balance at Jun. 30, 2014 $ 19,456 $ (500,000) $ 80,063,908 $ 17,653,969 $ 175,984,180 $ 28,815,609 $ 302,037,122
Balance, shares at Jun. 30, 2014 38,726,415            
Shares Issued at Jun. 30, 2014 38,911,014 184,599