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CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
Common Stock
Treasury Stock
Additional Paid-In Capital
Retained Earnings Unappropriated
Retained Earnings Appropriated
Cumulative Translation Adjustment
Total
Begning Balance, Amount at Dec. 31, 2014 $ 19,456 $ (561,728) $ 80,380,008 $ 183,480,402 $ 18,078,392 $ 30,676,883 $ 312,073,413
Begning Balance, Number of shares issued at Dec. 31, 2014 38,911,014            
Begning Balance, Number of shares outstanding at Dec. 31, 2014 38,672,865            
Begning Balance, Number of shares treasury stock at Dec. 31, 2014 238,149            
Translation adjustment           (21,740,602) $ (21,740,602)
Common stock repurchased, Number of shares outstanding (31,000)            
Common stock repurchased, Number of shares treasury stock 31,000 (37,713)         (31,000)
Cashless exercise of stock options, Amount $ 49   (49)        
Cashless exercise of stock options, Number of shares issued 97,244            
Cashless exercise of stock options, Number of shares outstanding 97,244            
Issuance of stock options to employees and directors     374,600       $ 374,600
Common stock issued for business acquisition, Amount $ 3,634   13,369,506       13,373,140
Common stock issued for business acquisition, Number of shares issued 7,268,011            
Common stock issued for business acquisition, Number of shares outstanding 7,268,011            
Net income for year ended       34,068,037     34,068,037
Transfer to statutory common reserve fund       (2,262,044) 2,262,044    
Ending Balance, Amount at Dec. 31, 2015 $ 23,139 $ (599,441) 94,124,065 215,286,395 20,340,436 8,936,281 338,110,875
Ending Balance, Number of shares issued at Dec. 31, 2015 46,276,269            
Ending Balance, Number of shares outstanding at Dec. 31, 2015 46,007,120            
Ending Balance, Number of shares treasury stock at Dec. 31, 2015 269,149            
Translation adjustment           (24,930,808) (24,930,808)
Common stock issued, Shares 10,000 (10,000)          
Common stock issued, Amount   $ 22,300 (7,300)       15,000
Cashless exercise of stock options, Amount $ 386   (386)        
Cashless exercise of stock options, Number of shares issued 776,671            
Cashless exercise of stock options, Number of shares outstanding 776,671            
Issuance of stock options to employees and directors     40,300       40,300
Net income for year ended       36,225,831     36,225,831
Transfer to statutory common reserve fund       (2,570,530) 2,570,530    
Ending Balance, Amount at Dec. 31, 2016 $ 23,525 $ (577,141) $ 94,156,679 $ 248,941,696 $ 22,910,966 $ (15,994,527) $ 349,461,198
Ending Balance, Number of shares issued at Dec. 31, 2016 47,052,940            
Ending Balance, Number of shares outstanding at Dec. 31, 2016 46,793,791            
Ending Balance, Number of shares treasury stock at Dec. 31, 2016 259,149