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CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS EQUITY (Unaudited) - 3 months ended Mar. 31, 2016 - USD ($)
Common Stock
Treasury Stock
Additional Paid-In Capital
Retained Earnings
Retained earnings appropriated
Accumulated Other Comprehensive Income
Total
Balance at Dec. 31, 2015 $ 23,139 $ (599,441) $ 94,124,065 $ 215,286,395 $ 20,340,436 $ 8,936,281 $ 338,110,875
Shares Issued at Dec. 31, 2015 46,276,269            
Balance, shares at Dec. 31, 2015 46,007,120 269,149          
Translation adjustments             1,893,061
Issuance of stock options to employees     7,300       7,300
Common stock issued for business acquisition             0
Net income       6,466,964     6,466,964
Transfer to statutory common reserve fund       (500,006) 500,006   0
Balance at Mar. 31, 2016 $ 23,139 $ (599,441) $ 94,131,365 $ 221,253,353 $ 20,840,442 $ 10,829,342 $ 346,478,200
Shares Issued at Mar. 31, 2016 46,276,269            
Balance, shares at Mar. 31, 2016 46,007,120 269,149