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Restricted Cash
9 Months Ended
Sep. 30, 2016
Restricted Cash [Abstract]  
RESTRICTED CASH

3. RESTRICTED CASH

 

Restricted cash is held by the banks as collateral to issue bank acceptances and bank loans. The Company endorses bank acceptances to vendors as payment of its obligations.  Most of the bank acceptances have maturities of less than six months. As of September 30, 2016 and December 31, 2015, the Company had restricted cash of $0 and $1.13 million.