Quarterly report pursuant to Section 13 or 15(d)

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details)

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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) (USD $)
Sep. 30, 2014
Dec. 31, 2013
Sep. 30, 2013
ASSETS      
Cash $ 11,797,659 $ 8,156,599  
Other receivable 3,435 11,665 2,083,039
Inventories 6,033,328 9,095,736  
Prepaid expense 288,292 4,309,574  
Prepaid expense - related parties 3,107,842 0  
Deferred expense - related parties 2,236,288 0  
Advance to suppliers 258,085 0  
Long-term investment 19,338,902 3,468,953 3,431,373
Prepayment for long-term assets 28,802,523 33,985,148 3,294,118
Property, plant and equipment, net 120,956,039 101,970,707 65,461,176
TOTAL ASSETS 234,553,999 170,131,512 355,934,846
LIABILITIES      
Accounts payable - related parties 4,343,814 13,807,605  
Bank loans 36,071,023 9,085,353  
Accrued liabilities and other payable 4,812,723 4,643,272 4,935,463
Deferred grant income 0 520,045 514,412
TOTAL LIABILITIES 118,768,456 105,290,077 280,027,996
Variable Interest Entity, Primary Beneficiary [Member]
     
ASSETS      
Cash 11,505,876 7,736,309  
Accounts receivable 41,566,819 9,133,130  
Other receivable 168,190 11,632  
Inventories 6,033,328 9,095,736  
Prepaid expense 288,292 4,306,753  
Prepaid expense - related parties 3,107,842 0  
Deferred expense - related parties 2,236,288    
Advance to suppliers 258,085    
Long-term investment 19,338,902 3,468,953  
Prepayment for long-term assets 28,802,523 33,985,148  
Property, plant and equipment, net 95,401,816 75,623,422  
TOTAL ASSETS 208,707,961 143,361,083  
LIABILITIES      
Accounts payable 312,405 2,184,964  
Accounts payable - related parties 4,343,814 13,807,605  
Advance from customers 161,901 297,034  
Bank loans 107,673,714 83,837,157  
Accrued liabilities and other payable 4,349,801 4,423,847  
Deferred grant income 0 520,045  
TOTAL LIABILITIES $ 116,841,635 $ 105,070,652