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STATUTORY RESERVES (Tables) | 12 Months Ended
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Dec. 31, 2014
StatutoryReservesAbstract [Abstract] |
STATUTORY RESERVES | The maximum statutory reserve amount has not been reached for any subsidiary. The table below discloses the statutory reserve amount in the currency type registered for each Chinese subsidiary as of December 31, 2014.
Name of Chinese |  |  |  | Maximum Statutory |  | Statutory reserve at December |
Subsidiaries |  | Registered Capital |  | Reserve Amount |  | 31, 2014 |
Shanghai TCH |  | $ | 29,800,000 |  | $ | 14,900,000 |  |  | ¥ 6,564,303 ($959,387) |
Xi’an TCH |  | ¥ | 202,000,000 |  | ¥ | 101,000,000 |  |  | ¥ 55,971,758 ($8,541,109) |
Erdos TCH |  | ¥ | 120,000,000 |  | ¥ | 60,000,000 |  |  | ¥ 15,680,561 ($2,387,674) |
Xi’an Zhonghong |  | ¥ | 30,000,000 |  | ¥ | 15,000,000 |  |  | Did not accrue yet due to accumulated deficit
Shaanxi Huahong |  | $ | 2,500,300 |  | $ | 1,250,150 |  |  | Did not accrue yet due to accumulated deficit

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