CONSOLIDATED BALANCE SHEETS - USD ($)	Dec. 31, 2018	Dec. 31, 2017
Current Assets:
Cash	$ 24,916,484	$ 14,502,171
Restricted cash	44,495,633	25,953,946
Accounts receivable, net	77,279,817	58,252,999
Amount due from a related party	477,663	1,165,838
Notes receivable	256,712	2,606,517
Advances to suppliers	2,292,843	6,050,531
Prepayments and other receivables	10,457,789	4,268,527
Foreign exchange derivative assets	0	236,436
Inventories	54,790,461	42,946,644
Total Current Assets	214,967,402	155,983,609
Long-term prepayments	2,617,419	3,715,445
Property, plant and equipment, net	56,523,177	46,520,776
Land use right, net	2,445,751	2,639,631
Other assets	643,128	748,431
Deferred tax assets, net	865,370	750,267
Long-term investments	9,993,852	9,906,379
TOTAL ASSETS	288,056,099	220,264,538
Current Liabilities:
Accounts payable	66,486,690	60,368,012
Deferred government grants	464,206	309,638
Short-term loans	24,856,744	10,128,646
Non-financial institution borrowings	8,761,426	10,756,158
Notes payable	73,607,284	54,859,478
Foreign exchange derivative liabilities	521,509	0
Amount due to related parties	6,116,851	0
Other payables and accrued liabilities	25,860,703	12,243,345
Income taxes payable	4,124,719	3,609,391
Total Current Liabilities	210,800,132	152,274,668
Income taxes payable, noncurrent	0	777,685
TOTAL LIABILITIES	210,800,132	153,052,353
COMMITMENTS AND CONTINGENCIES
Stockholders' equity
Preferred stock (Par value: $0.0001, Authorized: 10,000,000 shares, Issued and outstanding: none)	0	0
Common stock (Par value: $0.0001, Authorized: 100,000,000 shares, 15,559,658 shares issued and outstanding at December 31, 2018 and 15,509,658 shares issued and outstanding at December 31, 2017, respectively)	1,556	1,551
Additional paid-in capital	13,863,282	12,709,756
Statutory and other reserves	8,012,052	6,549,815
Retained earnings	56,173,912	44,481,568
Accumulated other comprehensive (loss) income	(794,835)	3,469,495
TOTAL EQUITY	77,255,967	67,212,185
TOTAL LIABILITIES AND EQUITY	$ 288,056,099	$ 220,264,538