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CONSOLIDATED BALANCE SHEETS (USD $)
Dec. 31, 2011
Dec. 31, 2010
Current Assets    
Cash and cash equivalents $ 4,165,446 $ 11,348,108
Notes receivable   308,539
Accounts receivable (net of allowance for doubtful accounts of $76,752 and $37,535 as of December 31, 2011 and December 31, 2010, respectively) 3,820,696 1,839,235
Inventories 10,007,928 7,422,518
Prepayments and other current assets 5,071,215 184,723
Total current assets 23,065,285 21,103,123
Prepayment on property, plant and equipment 7,241,472 6,957,258
Property, Plant, and Equipment, net 114,651,107 87,445,960
Total Assets 144,957,864 115,506,341
Current Liabilities    
Short-term bank loans 2,833,619 2,873,650
Current portion of long-term debt   2,008,530
Loan from related parties 2,499,312 2,041,804
Accounts payable 2,766,554 413,468
Accrued payroll and employee benefits 308,290 336,932
Other payables and accrued liabilities 1,589,541 2,363,686
Income taxes payable 1,744,253 1,717,127
Total current liabilities 11,741,569 11,755,197
Loan from credit union 5,690,852  
Loan from related parties   2,209,068
Total liabilities 17,432,421 13,964,265
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 December 31, 2011 and 2010, respectively 18,350 18,345
Additional paid-in capital 45,758,020 45,727,656
Statutory earnings reserve 5,863,442 5,661,587
Accumulated other comprehensive income 11,442,567 7,138,233
Retained earnings 64,443,064 42,996,255
Total stockholders' equity 127,525,443 101,542,076
Total Liabilities and Stockholders' Equity $ 144,957,864 $ 115,506,341