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CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS EQUITY (Unaudited) - 3 months ended Mar. 31, 2017 - USD ($)	Common Stock	Treasury Stock	Additional Paid-In Capital	Retained Earnings	Retained earnings appropriated	Accumulated Other Comprehensive Income	Total
Balance at Dec. 31, 2016	$ 23,525	$ (577,141)	$ 94,156,679	$ 248,941,696	$ 22,910,966	$ (15,944,527)	$ 349,461,198
Shares Issued at Dec. 31, 2016	47,052,940
Balance, shares at Dec. 31, 2016	46,793,791	259,149
Translation adjustments						2,037,272	2,037,272
Issuance of stock options to employees			9,000				9,000
Net income				8,075,120			8,075,120
Transfer to statutory common reserve fund				(844,783)	844,783		0
Balance at Mar. 31, 2017	$ 23,525	$ (577,141)	$ 94,165,679	$ 256,172,033	$ 23,755,749	$ (13,957,255)	$ 359,582,590
Shares Issued at Mar. 31, 2017	47,052,940
Balance, shares at Mar. 31, 2017	46,793,791	259,149

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