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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
Sep. 30, 2011
Dec. 31, 2010
Current Assets  
Cash and cash equivalents$ 4,945,142$ 11,348,108
Notes receivable 308,539
Accounts receivable (net of allowance for doubtful accounts of $51,216 and $37,535 as of September 30, 2011 and December 31, 2010, respectively)2,509,5771,839,235
Inventories3,699,5797,422,518
Prepayments and other current assets302,285184,723
Total current assets11,456,58321,103,123
Prepayment on property, plant and equipment7,200,4386,957,258
Property, Plant, and Equipment, net116,919,30387,445,960
Total Assets135,576,324115,506,341
Current Liabilities  
Short-term bank loans2,817,5632,873,650
Current portion of long-term debt 2,008,530
Loan from related parties 2,041,804
Accounts payable144,686413,468
Accrued payroll and employee benefits397,492336,932
Other payables and accrued liabilities1,256,4162,363,686
Income taxes payable1,680,1181,717,127
Total current liabilities6,296,27511,755,197
Loan from credit union5,658,605 
Loan from related parties2,286,2832,209,068
Total liabilities14,241,16313,964,265
Commitments and Contingencies  
Stockholders' Equity  
Common stock, 500,000,000 shares authorized, $0.001 par value per share, 18,350,191 and 18,344,811 shares issued and outstanding as of September 30, 2011 and December 31, 2010, respectively18,35018,345
Additional paid-in capital45,758,02045,727,656
Statutory earnings reserve5,661,5875,661,587
Accumulated other comprehensive income10,755,3157,138,233
Retained earnings59,141,88942,996,255
Total stockholders' equity121,335,161101,542,076
Total Liabilities and Stockholders' Equity$ 135,576,324$ 115,506,341