Annual report pursuant to Section 13 and 15(d)

Condensed Parent Company Financial Information (Details)

v3.8.0.1
Condensed Parent Company Financial Information (Details) - USD ($)
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Current assets:        
Cash $ 2,005,540 $ 820,396 $ 11,448,684 $ 12,752,272
Other receivables 273,151 31,835,456    
Total current assets 20,783,346 60,841,361    
Other assets:        
Property, plant and equipment 135,042,467 122,196,594    
Total assets 201,138,195 226,472,385    
Current liabilities:        
Due to related parties 4,348,693 43,354    
Total liabilities 53,633,039 86,760,131    
Equity attributable to owners of the company:        
Ordinary shares ($0.001 par value; 225,000,000 shares authorized; 79,055,053 shares issued and outstanding at December 31, 2017 and 2016) 79,055 79,055    
Additional paid-in capital 81,682,599 111,008,085    
Retained earnings 40,349,189 17,438,215    
Accumulated other comprehensive loss (5,731,889) (12,879,051)    
Total equity attributable to owners of the company 129,357,297 125,038,131    
Non-controlling interest 18,147,859 14,674,123    
Total shareholders' equity 147,505,156 139,712,254 166,839,823 149,258,934
Total liabilities and equity 201,138,195 226,472,385    
Parent [Member]        
Current assets:        
Cash 136,750 $ 171,329 $ 399,849
Other receivables 75,000 75,000    
Investments in subsidiaries and VIEs at equity 143,479,989 128,507,533    
Total current assets 143,554,989 128,719,283    
Other assets:        
Property, plant and equipment 21,038,176 22,359,945    
Total assets 164,593,164 151,079,228    
Current liabilities:        
Due to related parties 17,088,008 11,366,974    
Total liabilities 17,088,008 11,366,974    
Equity attributable to owners of the company:        
Ordinary shares ($0.001 par value; 225,000,000 shares authorized; 79,055,053 shares issued and outstanding at December 31, 2017 and 2016) 79,055 79,055    
Additional paid-in capital 81,682,599 111,008,085    
Retained earnings 53,327,532 26,830,042    
Accumulated other comprehensive loss (5,731,890) (12,879,051)    
Total equity attributable to owners of the company 129,357,297 125,038,131    
Non-controlling interest 18,147,859 14,674,123    
Total shareholders' equity 147,505,156 139,712,254    
Total liabilities and equity $ 164,593,164 $ 151,079,228