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CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS EQUITY (Unaudited) - 6 months ended Jun. 30, 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           9,298,509 9,298,509
Issuance of stock options to employees     14,700       14,700
Net income       21,826,798     21,826,798
Transfer to statutory common reserve fund       (2,323,577) 2,323,577   0
Balance at Jun. 30, 2017 $ 23,525 $ (577,141) $ 94,171,379 $ 268,444,917 $ 25,234,543 $ (6,696,018) $ 380,601,205
Shares Issued at Jun. 30, 2017 47,052,940            
Balance, shares at Jun. 30, 2017 46,793,791 259,149