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Loans Payable (Tables)
9 Months Ended
Sep. 30, 2014
Loans Payable [Abstract]  
Schedule of short-term bank loans

 

       

September 30,

2014 

   

December 31,

2013

 
Industrial & Commercial Bank of China (“ICBC”) Loan 1  (a)  $-  $4,090,180 
ICBC Loan 2  (b)   -   818,036 
ICBC Loan 3  (c)   1,625,356   1,636,072 
ICBC Loan 4  (d)   2,438,033   - 
The Commercial Bank of the City of Zhangjiakou  (e)   3,250,711   - 
ICBC Loan 5  (f)   812,678   - 
Total short-term bank loans     $8,126,778  $6,544,288 

 

Schedule of future minimum lease payments of capital lease

September 30,  Amount 
 2015  $8,886,191 
 2016   8,380,147 
    $17,266,338