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Restricted Cash
12 Months Ended
Dec. 31, 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 December 31, 2016 and 2015, the Company had restricted cash of $0 and $1.13 million.