10-Q/A

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

Amendment No. 1

FORM 10-Q

x     QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended September 30, 2012

o      TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from ______to______.

HUIXIN WASTE WATER SOLUTIONS, INC.

 (Exact name of registrant as specified in its charter)

Cayman Islands	000-52339	N/A
(State or other jurisdiction of incorporation or organization)	(Commission File Number)	(IRS Employee Identification No.)

#99 Jianshe Road 3, Pengjiang District, Jiangmen City

Guangdong Province, 529000

People’s Republic of China

 (Address of principal executive offices, Zip Code)

 (86) (750) 395-9988

 (Issuer Telephone number)

 (Former name, former address and former fiscal year, if changed since last report)

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes x No o

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).

Yes o No o

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer or a smaller reporting company.  See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act:

Large accelerated filer o                                                                                                   Accelerated filer o   

Non-accelerated filer x (Do not check if a smaller reporting company)                   Smaller reporting company o  

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes o No x

Indicate the number of shares outstanding of each of the issuer’s classes of common equity: As of November 13, 2012, there are 20,977,230 ordinary shares, par value $0.00018254172 per share, and 204,198 preference shares, par value $0.000128 per share, are issued and outstanding.

Explanatory Note

Huixin Waste Water Solutions, Inc. (the “Company”) is filing this Amendment No. 1 on Form 10-Q/A (the “Amendment”) to the Company’s quarterly report on Form 10-Q for the period ended September 30, 2012 (the “Form 10-Q”), filed with the Securities and Exchange Commission on November 13, 2012 (the “Original Filing Date”), solely to furnish Exhibit 101 to the Form 10-Q in accordance with Rule 405 of Regulation S-T. Exhibit 101 consists of the following materials from the Company’s Form 10-Q, formatted in XBRL (eXtensible Business Reporting Language):

101.INS	XBRL Instance Document
101.SCH	XBRL Taxonomy Schema
101.CAL	XBRL Taxonomy Calculation Linkbase
101.DEF	XBRL Taxonomy Definition Linkbase
101.LAB	XBRL Taxonomy Label Linkbase
101.PRE	XBRL Taxonomy Presentation Linkbase

Exhibit 101 was transmitted unsuccessfully by the Company’s Edgar Agent on the Original Filing Date due to a glitch with the system. No other changes have been made to the Form 10-Q. This Amendment speaks as of the Original Filing Date, does not reflect events that may have occurred subsequent to the Original Filing Date, and does not modify or update in any way disclosures made in the Form 10-Q.

Pursuant to Rule 406T of Regulation S-T, the interactive data files attached as Exhibit 101 hereto are deemed not filed or part of a registration statement or prospectus for purposes of Sections 11 or 12 of the Securities Act of 1933, as amended, are deemed not filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, and otherwise are not subject to liability under those sections.

Item 6. Exhibits.

(a)  Exhibits

Exhibit Number	Description
31.1	Certifications of the Chief Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
31.2	Certifications of the Chief Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
32.1	Certification pursuant to 18 U.S.C Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
32.2	Certification pursuant to 18 U.S.C Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
101.INS*	XBRL Instance Document
101.SCH*	XBRL Taxonomy Extension Schema Document
101.CAL*	XBRL Taxonomy Extension Calculation Linkbase Document.
101.LAB*	XBRL Taxonomy Extension Label Linkbase Document.
101.PRE*	XBRL Taxonomy Extension Presentation Linkbase Document.
101.DEF*	XBRL Taxonomy Extension Definition Linkbase Document.

*Furnished and not filed or a part of a registration statement or prospectus for purposes of Sections 11 or 12 of the Securities Act of 1933, as amended, deemed not filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, and otherwise not subject to liability under these sections.

32

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	HUIXIN WASTE WATER SOLUTIONS, INC.
Dated: November 28, 2012	By:	/s/ Mingzhuo Tan
		Mingzhuo Tan Chief Executive Officer, President and Chairman of the Board of Directors (Duly authorized officer and principal executive officer)

Dated: November 28, 2012	By:	/s/ Tin Nang (Chris) Lui
		Tin Nang (Chris) Lui Chief Financial Officer (Duly authorized officer, principal financial officer and chief accounting officer )

33

EX-31.1

Exhibit 31.1

CERTIFICATION OF PRINCIPAL EXECUTIVE OFFICER

PURSUANT TO SECTION 302 OF THE

SARBANES-OXLEY ACT OF 2002

I, Mingzhuo Tan, certify that:

1.    I have reviewed this quarterly report on Form 10-Q/A of Huixin Waste Water Solutions, Inc.;

2.    Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3.    Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4. The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal controls over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

a) designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly for the period in which this report is being prepared;

b) designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

c) evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation;

d) disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting;

       5.    The registrant’s other certifying officer and I have disclosed, based on our most recent evaluation, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent function):

a) all significant deficiencies in the design or operation of internal controls which could adversely affect the registrant’s ability to record, process, summarize and report financial data and have identified for the registrant’s auditors any material weaknesses in internal controls; and

b) any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal controls over financial reporting.     

	Huixin Waste Water Solutions, Inc.
Date: November 28, 2012	By:	/s/ Mingzhuo Tan
		Mingzhuo Tan
		President and Chief Executive Officer (Principal Executive Officer)

EX-31.2

Exhibit 31.2

CERTIFICATION OF PRINCIPAL FINANCIAL OFFICER

PURSUANT TO SECTION 302 OF THE

SARBANES-OXLEY ACT OF 2002

I, Tin Nang (Chris) Lui, certify that:

1.    I have reviewed this quarterly report on Form 10-Q/A of Huixin Waste Water Solutions, Inc.;

2.    Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3.    Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4. The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal controls over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

a) designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly for the period in which this report is being prepared;

b) designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

c) evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation;

d) disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting;

       5.    The registrant’s other certifying officer and I have disclosed, based on our most recent evaluation, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent function):

a) all significant deficiencies in the design or operation of internal controls which could adversely affect the registrant’s ability to record, process, summarize and report financial data and have identified for the registrant’s auditors any material weaknesses in internal controls; and

b) any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal controls over financial reporting.     

	Huixin Waste Water Solutions, Inc.
Date: November 28, 2012	By:	/s/ Tin Nang (Chris) Lui
		Tin Nang (Chris) Lui
		Chief Financial Officer (Principal Financial Officer)

EX-32.1

Exhibit 32.1

CERTIFICATION OF PRINCIPAL EXECUTIVE OFFICER PURSUANT TO

SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the quarterly report on Form 10-Q/A for the period ended September 30, 2012 (the “Report”) by Huixin Waste Water Solutions, Inc. (the “Company”), I, Mingzhuo Tan, President and Chief Executive Officer of the Company, certify, pursuant to 18 U.S.C. Section 1350, as added by Section 906 of the Sarbanes-Oxley Act of 2002, that, based on my knowledge:

1.  The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended, and

2.  The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

	Huixin Waste Water Solutions, Inc.
Date: November 28, 2012	By:	/s/ Mingzhuo Tan
		Mingzhuo Tan
		President and Chief Executive Officer (Principal Executive Officer)

This certification accompanies each Report pursuant to §906 of the Sarbanes-Oxley Act of 2002 and shall not, except to the extent required by the Sarbanes-Oxley Act of 2002, be deemed filed by the Company for purposes of §18 of the Securities Exchange Act of 1934, as amended. A signed original of this written statement required by §906 of the Sarbanes-Oxley Act of 2002 has been provided to the Company and will be retained by the Company and furnished upon request.

EX-32.2

Exhibit 32.2

CERTIFICATION OF PRINCIPAL FINANCIAL OFFICER PURSUANT TO

SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the quarterly report on Form 10-Q/A for the period ended September 30, 2012 (the “Report”) by Huixin Waste Water Solutions, Inc. (the “Company”), I, Tin Nang (Chris) Lui, Chief Financial Officer of the Company, certify, pursuant to 18 U.S.C. Section 1350, as added by Section 906 of the Sarbanes-Oxley Act of 2002, that, based on my knowledge:

1.  The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended, and

2.  The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

	Huixin Waste Water Solutions, Inc
Date: November 28, 2012	By:	/s/ Tin Nang (Chris) Lui
		Tin Nang (Chris) Lui
		Chief Financial Officer (Principal Financial Officer)

This certification accompanies each Report pursuant to §906 of the Sarbanes-Oxley Act of 2002 and shall not, except to the extent required by the Sarbanes-Oxley Act of 2002, be deemed filed by the Company for purposes of §18 of the Securities Exchange Act of 1934, as amended. A signed original of this written statement required by §906 of the Sarbanes-Oxley Act of 2002 has been provided to the Company and will be retained by the Company and furnished upon request.

XML

Restricted Cash (Details) (USD $)	Sep. 30, 2012	Dec. 31, 2011	Dec. 01, 2011
Holdback Escrow Agreement [Member]
Restricted Cash (Textual)
Escrow deposit (holdback)	$ 2,167,203
Holdback Escrow Agreement [Member] | Chief Financial Officer [Member]
Restricted Cash (Textual)
Escrow holdback disbursement on hiring and appointment	1,500,000
Escrow holdback disbursement amendment on hiring and appointment			100,000
Escrow deposit disbursement amount unreleased	0	550,000
Holdback Escrow Agreement [Member] | Chief Financial Officer [Member] | Maximum [Member]
Restricted Cash (Textual)
Escrow holdback disbursement on hiring and appointment	750,000
Holdback Escrow Agreement [Member] | Independent directors of board of directors [Member]
Restricted Cash (Textual)
Escrow holdback disbursement on hiring and appointment	667,203
Investor Relations Escrow Agreement [Member]
Restricted Cash (Textual)
Escrow deposit (holdback)	$ 120,000	$ 120,000

XML

Segement Information (Details) (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2012 Segment	Sep. 30, 2011	Dec. 31, 2011
Segment Reporting Information, Profit (Loss)
Net revenue	$ 22,407,329	$ 19,335,053	$ 61,298,540	$ 52,761,618
Cost of revenue	12,308,208	10,759,594	33,746,528	28,364,739
Gross profit	10,099,121	8,575,459	27,552,012	24,396,879
Selling and marketing	797,674	568,573	2,218,268	1,590,600
General and administrative	1,490,942	1,184,947	3,826,647	3,347,284
Research and development	151,176	149,191	470,722	438,936
Income from operations	7,659,329	6,672,748	21,036,375	19,020,059
Segment Reporting Information, Assets (Liabilities)
Current assets	59,068,781		59,068,781		59,567,244
Property, plant and equipment, land use and mining rights	13,867,629		13,867,629		14,627,533
Other long-term asset	31,650,477		31,650,477
Total assets	104,586,887		104,586,887		74,194,777
Segement Information (Textual)
Number of operating segments			3
Jiangmen Wealth Water [Member]
Segment Reporting Information, Profit (Loss)
Net revenue	11,510,345	10,581,290	32,700,226	28,619,169
Cost of revenue	7,307,167	6,223,213	20,791,108	16,910,098
Gross profit	4,203,178	4,358,077	11,909,118	11,709,071
Selling and marketing	331,546	306,085	918,796	810,449
General and administrative	734,084	536,415	1,665,657	1,376,876
Research and development	142,394	140,543	443,853	416,126
Income from operations	2,995,154	3,375,034	8,880,812	9,105,620
Segment Reporting Information, Assets (Liabilities)
Current assets	26,480,907		26,480,907
Property, plant and equipment, land use and mining rights	2,728,966		2,728,966
Other long-term asset	31,650,477		31,650,477
Total assets	60,860,350		60,860,350
Guizhou Yufeng [Member]
Segment Reporting Information, Profit (Loss)
Net revenue	4,596,526	3,731,506	12,667,891	10,397,210
Cost of revenue	2,459,220	2,060,388	6,782,660	5,562,590
Gross profit	2,137,306	1,671,118	5,885,231	4,834,620
Selling and marketing	85,957	73,388	240,411	220,254
General and administrative	159,289	157,407	463,650	457,638
Research and development	8,782	8,648	26,869	22,810
Income from operations	1,883,278	1,431,675	5,154,301	4,133,918
Segment Reporting Information, Assets (Liabilities)
Current assets	15,327,185		15,327,185
Property, plant and equipment, land use and mining rights	4,663,300		4,663,300
Other long-term asset
Total assets	19,990,485		19,990,485
Shangxi Wealth [Member]
Segment Reporting Information, Profit (Loss)
Net revenue	9,024,816	7,016,284	23,460,362	19,753,559
Cost of revenue	5,266,179	4,470,020	13,702,699	11,900,371
Gross profit	3,758,637	2,546,264	9,757,663	7,853,188
Selling and marketing	380,171	189,100	1,059,061	559,897
General and administrative	318,260	282,547	921,164	826,099
Research and development
Income from operations	3,060,206	2,074,617	7,777,438	6,467,192
Segment Reporting Information, Assets (Liabilities)
Current assets	24,955,399		24,955,399
Property, plant and equipment, land use and mining rights	6,475,363		6,475,363
Other long-term asset
Total assets	31,430,672		31,430,672
Corporate [Member]
Segment Reporting Information, Profit (Loss)
Net revenue
Cost of revenue
Gross profit
Selling and marketing
General and administrative	279,309	208,578	776,176	686,671
Research and development
Income from operations	(279,309)	(208,578)	(776,176)	(686,671)
Segment Reporting Information, Assets (Liabilities)
Current assets	5,773,629		5,773,629
Property, plant and equipment, land use and mining rights
Other long-term asset
Total assets	5,773,629		5,773,629
Intersegment Elimination [Member]
Segment Reporting Information, Profit (Loss)
Net revenue	(2,724,358)	(1,994,027)	(7,529,939)	(6,008,320)
Cost of revenue	(2,724,358)	(1,994,027)	(7,529,939)	(6,008,320)
Gross profit
Selling and marketing
General and administrative
Research and development
Income from operations
Segment Reporting Information, Assets (Liabilities)
Current assets	(13,468,339)		(13,468,339)
Property, plant and equipment, land use and mining rights
Other long-term asset
Total assets	$ (13,468,339)		$ (13,468,339)

XML

Income Taxes (Details) (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2012	Sep. 30, 2011
Reconciliation of income tax provision
Computed tax at the U.S. federal statutory rate of 34%	$ 2,553,673	$ 2,302,490	$ 7,296,453	$ 6,522,268
Tax rate difference between the US and PRC on foreign earnings	(675,972)	(609,483)	(1,931,414)	(1,726,483)
Change in valuation allowance	32,563	26,221	122,215	116,416
Other	(8,618)	(23,019)	(32,296)	(46,227)
Total	$ 1,901,646	$ 1,696,209	$ 5,454,958	$ 4,865,974

XML

Short Term Debt (Details) (USD $)	Sep. 30, 2012	Dec. 31, 2011
Summary of Short-term debt
Revolving line-of-credit
Short term note (1)
Short term note (2)	12,660,191
Total	$ 12,660,191

XML

Summary of Significant Accounting Policies (Details)	3 Months Ended		9 Months Ended
	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2012	Sep. 30, 2011
Supplier 1 [Member]
Summary of purchases from major suppliers
Purchases by major supplier percentage	12.00%	12.00%	12.00%	11.00%
Supplier 2 [Member]
Summary of purchases from major suppliers
Purchases by major supplier percentage	18.00%	17.00%	11.00%	17.00%
Supplier 3 [Member]
Summary of purchases from major suppliers
Purchases by major supplier percentage	12.00%	12.00%	16.00%	11.00%

XML

Inventories (Tables)

9 Months Ended

Sep. 30, 2012

Inventories [Abstract]

Summary of inventories

	September 30,		December 31,
	2012		2011
Raw Materials	$	847,060	$	674,114
Work in progress		49,698		-
Finished goods		295,919		283,395
	$	1,192,677	$	957,509

XML

Income Taxes (Details Textual) (USD $)	1 Months Ended	3 Months Ended		9 Months Ended		12 Months Ended
	Mar. 31, 2007	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2012	Sep. 30, 2011	Dec. 31, 2011
Income Taxes (Textual)
Income tax rate in accordance with the New CIT Law	25.00%			25.00%		25.00%
Withholding income tax rate for dividends distributed				10.00%
Provision for income taxes		$ 1,901,646	$ 1,696,209	$ 5,454,958	$ 4,865,974
US statutory rate				34.00%

XML

Property, Plant and Equipment and Land Use and Mining Rights (Details 1) (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2012	Sep. 30, 2011
Summary of breakdown of depreciation and amortization expenses
Depreciation and amortization	$ 370,586	$ 339,726	$ 1,047,465	$ 968,021
Plant Equipment and Improvements [Member]
Summary of breakdown of depreciation and amortization expenses
Depreciation, Total	185,403	176,866	557,403	520,196
Land use rights [Member]
Summary of breakdown of depreciation and amortization expenses
Amortization, Total	12,612	12,448	37,907	36,856
Mining rights [Member]
Summary of breakdown of depreciation and amortization expenses
Amortization, Total	$ 172,571	$ 150,412	$ 452,155	$ 410,969

XML

Note Receivable (Details)	9 Months Ended
	Sep. 30, 2012 USD ($)	Dec. 31, 2011 USD ($)	Dec. 31, 2011 CNY	Aug. 29, 2011 USD ($)	Aug. 29, 2011 CNY
Note Receivable (Textual)
Note receivable		$ 25,187,727	160,000,000	$ 14,087,748	90,000,000
Interest rate on note receivable		9.00%	9.00%
Extended maturity date of notes	Mar. 31, 2012
Interest receivable		$ 156,085

XML

Shareholders' Equity (Details Textual) (USD $)	9 Months Ended
	Sep. 30, 2012	Dec. 31, 2011
Shareholders' Equity (Textual)
Percentage of annual after-tax profit required to be allocated to General Reserve Fund	10.00%
Statutory general reserve fund in percentage of registered capital	50.00%
Restricted Portion of Retained Earnings	$ 496,396	$ 496,396

XML

Short Term Debt (Details Textual)	1 Months Ended
	Aug. 31, 2012 USD ($)	Aug. 31, 2012 CNY	Jun. 30, 2012 USD ($)	Jun. 30, 2012 CNY	Feb. 29, 2012 USD ($)	Feb. 29, 2012 CNY	Sep. 30, 2012 USD ($)	Sep. 30, 2012 CNY	Sep. 30, 2011 USD ($)	Sep. 30, 2011 CNY
Short-Term Debt (Textual)
Borrowing capacity of Revolving credit facility					$ 4,760,000	30,000,000
Revolving credit agreement maturity period					1 year	1 year
Interest rate on revolving credit facility in addition to the base rate					30.00%	30.00%
Amount drawn					4,760,000	0
Revolving credit agreement					4,760,000	30,000,000	4,760,000	30,000,000
Short term note agreement	$ 12,660,000	80,000,000	$ 19,000,000	120,000,000					$ 19,000,000	120,000,000
Short term note agreement maturity period	1 year	1 year	1 year	1 year
Interest rate on short term note agreement in addition to the base rate			10.00%	10.00%			6.30%	6.30%

XML

Summary of Significant Accounting Policies

9 Months Ended

Sep. 30, 2012

Summary Of Significant Accounting Policies [Abstract]

Summary of Significant Accounting Policies

(2) Summary of Significant Accounting Policies

Reverse Stock Split

On December 15, 2011, the Board of Directors and the stockholders of the Company approved and implemented a reverse stock split in a ratio of 1 share to 1.42610718 shares of the Company’s common stock. Par value of the common stock has been changed to $0.00018254172 per share. Accordingly, all references to numbers of common shares and per-share data in the accompanying condensed consolidated financial statements and notes have been retroactively adjusted to reflect the effects of the reverse stock split.

Principles of Consolidation

These condensed financial statements present the consolidated accounts of WEP and its subsidiaries, Wealth Technology, Jiangmen Huiyan, and its variable interest entities, Jiangmen Wealth Water, Guizhou Yunfeng and Shanxi Wealth, which are collectively referred to as the “Company”. This presentation is based upon the retroactive treatment of series of agreements and restructurings of companies under common control as described in Note (1).

All inter-company transactions and balances have been eliminated in preparation of the condensed consolidated financial statements.

Use of Estimates

The preparation of condensed consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, revenue and expenses in the condensed consolidated financial statements and accompanying notes. Significant accounting estimates reflected in the Company’s condensed consolidated financial statements include collectibility of accounts receivable, useful lives and impairment of property and equipment, mineral reserves available for mining production, total expected use of mineral reserves and value and realizability of intangible assets.  Actual results could differ from those estimates.

Segments

For the three months and nine months ended September 30, 2012 and 2011, the Company’s operations have been broken down into segment based on production facility, in the manner that management reviews operations on a regular basis. All our operations revolve around the production of water purification agents made to similar specifications. All of the Company’s segments have similar assets, customers and distribution methods, and their economic characteristics are similar with regard to their gross margin percentages.

Currency Reporting

The Company’s operations in the PRC use the local currency, Renminbi (“RMB”), as their functional currency, whereas amounts reported in the accompanying condensed consolidated financial statements and disclosures are stated in U.S. dollars, the reporting currency of the Company, unless stated otherwise. As such, the condensed consolidated balance sheets of the Company have been translated into U.S. dollars at the current rates as of September 30, 2012 and December 31, 2011 and the condensed consolidated statements of income have been translated into U.S. dollars at the weighted average rates during the periods the transactions were recognized.

The resulting translation gain adjustments are recorded as other comprehensive income in the condensed consolidated statements of comprehensive income and as a separate component of equity in the condensed consolidated balance sheets.

Revenue Recognition

The Company’s main source of revenue is generated from sales of water purifying agents and high-performance calcium aluminates powder. The Company recognizes revenue when there is persuasive evidence of a sales arrangement, delivery and acceptance by the customer has occurred, the sales price is fixed or determinable, and collection is probable. Under the Company’s typical sales terms for both water purifying agents and HAC powder, the Company recognizes revenue when product is shipped from its production facilities because shipments are made FOB shipping point with the customer bearing all shipping costs and title and risk of loss transferring to the customer upon shipment. Sales terms for water purifying agents and HAC powder do not include customer acceptance provisions, the right of return (unless the product is proven to be defective) or other post-delivery obligations. The Company has not experienced any significant returns associated with defective product.

Value added taxes represent amounts collected on behalf of specific government agencies that require remittance of tax by specified dates. Value added taxes are collected at the time of sales and are detailed on invoices provided to customers. The Company accounts for value added taxes on a net basis. The Company recorded and paid sales related taxes based on a percentage of the value added taxes and reported the revenue net of the sales related taxes.

Major Customers

During the three months and nine months ended September 30, 2012 and 2011, there was no customer accounted for 10% or more of our net revenue.

Major Suppliers

During the three months and nine months ended September 30, 2012 and 2011, certain suppliers accounted for more than 10% of the Company’s total net purchases as follows, and none of the major suppliers are related parties to the Company.

	Three Months Ended						Nine Months Ended
	September 30, 2012			September 30, 2011			September 30, 2012			September 30, 2011
Supplier 1		12	%		12	%		12	%		11	%
Supplier 2		18	%		17	%		11	%		17	%
Supplier 3		12	%		12	%		16	%		11	%

Value-Added Tax (“VAT”)

Enterprises or individuals, who sell commodities, engage in repair and maintenance or import or export goods in the PRC are subject to a value-added tax in accordance with the PRC laws. The value-added tax standard rate for sales made by the Company is 17% of the gross sales price and the Company records its revenue net of VAT. A credit is available whereby VAT paid on the purchases of semi-finished products or raw materials used in the production of the Company’s finished products can be used to offset the VAT due on the sales of the finished products. When the Company purchases raw materials, the VAT incurred by the Company, and subject to credit, generally varies from 6% to 17% depending on the type of materials or services purchased. There is a significant difference in the VAT that the Company incurs on purchases and the amount the Company bills to customers for sales of HAC powder and water purifying agents due to the fact that the Company converts raw materials from their mined state to finished product and is responsible for the substantial portion of increased value in its products.

Following is an analysis of VAT billed to the Company on purchases, VAT billed by the Company on sales and VAT remitted to PRC during the nine months ended  September 30, 2012 and 2011, with information related to the liability for uncollected or unremitted VAT at September 30, 2012 and December 31, 2011:

	Nine Months			Nine Months
	Ended			Ended
	September 30, 2012			September 30, 2011
VAT billed to customers for sales during the period	$	12,017,833		$	10,322,305
Less: VAT billed to the Company for purchases during the period		4,780,061			4,089,441
Net VAT on transactions took place during the period		7,237,772			6,232,864
Amount remitted to the PRC		(6,970,630	)		(6,030,535	)
VAT payable at beginning of period		497,581			389,053
VAT payable at period end	$	764,723		$	591,382

	As of		As of
	September 30,		December 31,
	2012		2011
Liabilities for taxes collected but not remitted	$	291,497	$	152,811
Liabilities for taxes billed to customers but not collected
from the customers or remitted to PRC		473,226		344,770
VAT payable at period end	$	764,723	$	497,581

New Accounting Pronouncements

In December 2011, the FASB issued ASU No. 2011-11, Topic 210 - Balance Sheet: Disclosures about Offsetting Assets and Liabilities (“ASU 2011-11”). ASU 2011-11 requires an entity to disclose information about offsetting and related arrangements to enable users of its financial statements to understand the effect of those arrangements on its financial position. ASU 2011-11 will be effective for fiscal years beginning on or after January 1, 2013, with retrospective application for all comparable periods presented. The Company does not expect the adoption of this guidance to have a material effect on the Company’s consolidated financial statements.

In July 2012, the FASB issued Accounting Standards Update ASU 2012-02, the amendments to ASC 350, Intangibles—Goodwill and Other: Testing Indefinite-Lived Intangible Assets for Impairment ("ASU 2012-02"). The amendments apply to all entities, both public and nonpublic, that have indefinite-lived intangible assets, other than goodwill, reported in their financial statements. In accordance with the amendments an entity has the option first to assess qualitative factors to determine whether the existence of events and circumstances indicates that it is more likely than not that the indefinite-lived intangible asset is impaired. If, after assessing the totality of events and circumstances, an entity concludes that it is not more likely than not that the indefinite-lived intangible asset is impaired, then the entity is not required to take further action. However, if an entity concludes otherwise, then it is required to determine the fair value of the indefinite-lived intangible asset and perform the quantitative impairment test by comparing the fair value with the carrying amount in accordance with Subtopic 350-30. An entity also has the option to bypass the qualitative assessment for any indefinite-lived intangible asset in any period and proceed directly to performing the quantitative impairment test. An entity will be able to resume performing the qualitative assessment in any subsequent period. The amendments are effective for annual and interim impairment tests performed for fiscal years beginning after September 15, 2012, and early adoption is permitted. The Company will apply these amendments for reporting periods beginning after December 31, 2012. The Company does not expect the adoption of the amendments to have a material impact on the Company's financial statements.

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Property, Plant and Equipment and Land Use and Mining Rights (Details 2)	3 Months Ended		9 Months Ended
	Sep. 30, 2012 Mine	Sep. 30, 2011 Mine	Sep. 30, 2012 Mine	Sep. 30, 2011 Mine
Limestone Mine [Member]
Production summary of coal mines
Production from mines (in tons)	24,211	27,461	74,598	76,428
Bauxite Mine [Member]
Production summary of coal mines
Production from mines (in tons)	79,504	66,389	200,981	183,788

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Shareholders' Equity (Tables)

9 Months Ended

Sep. 30, 2012

Stockholders Equity [Abstract]

Analysis of general fund by subsidiary

	Registered		General
	Capital		Reserve Fund
Jiangmen Huiyuan	$	-	$	-
Jiangmen Wealth Water		61,981		38,801
Guizhou Yufeng		61,981		39,211
Shangxi Wealth		619,806		418,384
	$	743,768	$	496,396

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Income Taxes (Tables)

9 Months Ended

Sep. 30, 2012

Income Taxes [Abstract]

Reconciliation of income tax provision

	Three Months Ended September 30,						Nine Months Ended September 30,
	2012			2011			2012			2011
Computed tax at the U.S. federal statutory rate of 34%	$	2,553,673		$	2,302,490		$	7,296,453		$	6,522,268
Tax rate difference between the US and PRC on foreign earnings		(675,972	)		(609,483	)		(1,931,414	)		(1,726,483	)
Change in valuation allowance		32,563			26,221			122,215			116,416
Other		(8,618	)		(23,019	)		(32,296	)		(46,227	)
	$	1,901,646		$	1,696,209		$	5,454,958		$	4,865,974

Differences between the basis of assets and liabilities reported

	As of			As of
	September 30,			December 31,
	2012			2011
Deferred tax assets:
Net operating losses	$	1,187,946		$	1,065,731
Liability for social insurance premiums and provident housing funds		75,000			75,000
Total deferred tax assets		1,262,946			1,140,731
Deferred tax liabilities:
Difference between book and tax amortization on mining rights		(387,446	)		(386,339	)
Total deferred tax liabilities		(387,446	)		(386,339	)
Net deferred tax assets before valuation allowance		875,500			754,392
Valuation allowance		(1,187,946	)		(1,065,731	)
Net deferred tax liabilities	$	(312,446	)	$	(311,339	)

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Property, Plant and Equipment and Land Use and Mining Rights (Details Textual) (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2012 Limestone Mine [Member] T Mine	Dec. 31, 2011 Limestone Mine [Member] T Mine	Sep. 30, 2012 Bauxite Mine [Member] Mine T	Dec. 31, 2011 Bauxite Mine [Member] Mine T
Property Plant and Equipment and Land and Mining Rights (Textual)
Number of mines company holds right of					2	2	2	2
Production allowed					300,000	300,000	350,000	350,000
Depreciation and amortization	$ 370,586	$ 339,726	$ 1,047,465	$ 968,021

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Segement Information (Tables)

9 Months Ended

Sep. 30, 2012

Segment Information [Abstract]

Segment Reporting Information, Profit (Loss)

For the three months ended September 30, 2012
	Jiangmen
	Wealth		Guizhou		Shanxi
	Water		Yefeng		Wealth		Corporate			Eliminations			Total
Net revenue	$	11,510,345	$	4,596,526	$	9,024,816	$	-		$	(2,724,358	)	$	22,407,329
Cost of revenue		7,307,167		2,459,220		5,266,179		-			(2,724,358	)		12,308,208
Gross profit		4,203,178		2,137,306		3,758,637		-			-			10,099,121
Selling and marketing		331,546		85,957		380,171		-			-			797,674
General and administrative		734,084		159,289		318,260		279,309			-			1,490,942
Research and development		142,394		8,782		-		-			-			151,176
Income from operations	$	2,995,154	$	1,883,278	$	3,060,206	$	(279,309	)	$	-		$	7,659,329

For the three months ended September 30, 2011
	Jiangmen		Guizhou		Shanxi
	Wealth Water		Yefeng		Wealth		Corporate			Eliminations			Total
Net revenue	$	10,581,290	$	3,731,506	$	7,016,284	$	-		$	(1,994,027	)	$	19,335,053
Cost of revenue		6,223,213		2,060,388		4,470,020		-			(1,994,027	)		10,759,594
Gross profit		4,358,077		1,671,118		2,546,264		-			-			8,575,459
Selling and marketing		306,085		73,388		189,100		-			-			568,573
General and administrative		536,415		157,407		282,547		208,578			-			1,184,947
Research and development		140,543		8,648		-		-			-			149,191
Income from operations	$	3,375,034	$	1,431,675	$	2,074,617	$	(208,578	)	$	-		$	6,672,748

For the nine months ended September 30, 2012
	Jiangmen		Guizhou		Shanxi
	Wealth Water		Yefeng		Wealth		Corporate			Eliminations			Total
Net revenue	$	32,700,226	$	12,667,891	$	23,460,362	$	-		$	(7,529,939	)	$	61,298,540
Cost of revenue		20,791,108		6,782,660		13,702,699		-			(7,529,939	)		33,746,528
Gross profit		11,909,118		5,885,231		9,757,663		-			-			27,552,012
Selling and marketing		918,796		240,411		1,059,061		-			-			2,218,268
General and administrative		1,665,657		463,650		921,164		776,176			-			3,826,647
Research and development		443,853		26,869		-		-			-			470,722
Income from operations	$	8,880,812	$	5,154,301	$	7,777,438	$	(776,176	)	$	-		$	21,036,375

For the nine months ended September 30, 2011
	Jiangmen
	Wealth		Guizhou		Shanxi
	Water		Yefeng		Wealth		Corporate			Eliminations			Total
Net revenue	$	28,619,169	$	10,397,210	$	19,753,559	$	-		$	(6,008,320	)	$	52,761,618
Cost of revenue		16,910,098		5,562,590		11,900,371		-			(6,008,320	)		28,364,739
Gross profit		11,709,071		4,834,620		7,853,188		-			-			24,396,879
Selling and marketing		810,449		220,254		559,897		-			-			1,590,600
General and administrative		1,376,876		457,638		826,099		686,671			-			3,347,284
Research and development		416,126		22,810		-		-			-			438,936
Income from operations	$	9,105,620	$	4,133,918	$	6,467,192	$	(686,671	)	$	-		$	19,020,059

Segment Reporting Information, Assets (Liabilities)

As of September 30, 2012
	Jiangmen
	Wealth		Guizhou		Shanxi
	Water		Yefeng		Wealth		Corporate		Eliminations			Total
Current assets	$	26,480,907	$	15,327,185	$	24,955,399	$	5,773,629	$	(13,468,339	)	$	59,068,781
Property, plant and equipment,
land use and mining rights		2,728,966		4,663,300		6,475,363		-		-			13,867,629
Other long-term assets		31,650,477		-		-		-		-			31,650,477
Total assets	$	60,860,350	$	19,990,485	$	31,430,672	$	5,773,629	$	(13,468,339	)	$	104,586,887

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Organization, Nature of Business and Basis of Presentation (Details) (USD $)			9 Months Ended
	Sep. 30, 2012	Dec. 31, 2011	Sep. 30, 2012 Wealth Environmental Protection Group, Inc (WEP) [Member]	Sep. 30, 2012 Wealth Environmental Technology Holding Ltd.(Wealth Technology) Hong Kong [Member]	Sep. 30, 2012 Jiangmen Huiyuan Environmental Protection Technology Consultancy Co. (Jiangmen Huiyuan) Jiangmen, Guandong Province [Member]	Sep. 30, 2012 Jiangmen Wealth Water Purifying Agent Co., Ltd (Jiangmen Wealth Water) [Member]	Sep. 30, 2012 Guizhou Yufeng Melt Co., Ltd. (Guizhou Yufeng) [Member]	Sep. 30, 2012 Shangxi Wealth Aluminate Materials Co., Ltd Shangxi Province [Member]
Subsidiary information
Name and Location			Wealth Environmental Protection Group, Inc ("WEP")	Wealth Environmental Technology Holding Ltd.("Wealth Technology") Hong Kong	Jiangmen Huiyuan Environmental Protection Technology Consultancy Co. ("Jiangmen Huiyuan") Jiangmen, Guandong Province	Jiangmen Wealth Water Purifying Agent Co., Ltd ("Jiangmen Wealth Water") Jiangmen, Guandong Province	Guizhou Yufeng Melt Co., Ltd. ("Guizhou Yufeng") Guizhou Provincre	Shanxi Wealth Aluminate Materials Co., Ltd Shanxi Province
Domicile and Date of Incorporation			British Virgin Islands June 3, 2010	Hong Kong June 18, 2010	Peoples Republic Of China ("PRC") July 22, 2010	PRC April 25, 2003	PRC March 25, 2005	PRC April 8, 2004
Paid in Capital	$ 24,283,222	$ 24,283,222	$ 7,000	$ 1,299	$ 15,082	$ 4,049,060	$ 4,233,854	$ 6,786,056
Effective ownership			100% Owned	100% Owned	100% Owned - Wholly Foreign Owned Entity ("WFOE")	100% Control Through Contractual Arrangements	100% Control Through Contractual Arrangements	100% Control Through Contractual Arrangements
Activities			Holding Company	Holding Company	Holding Company	Manufacturing of water purifying agents	Manufacturer of HAC Powder using bauxite and limestone from mines controlled under mining rights agreements	Manufacturer of HAC Powder using bauxite and limestone from mines controlled under mining rights agreements

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Organization, Nature of Business and Basis of Presentation

9 Months Ended

Sep. 30, 2012

Organization, Nature Of Business and Basis Of Presentation [Abstract]

Organization, Nature of Business and Basis of Presentation

(1) Organization, Nature of Business and Basis of Presentation

Huixin Waste Water Solutions, Inc. (“the Company” or “Huixin”) was incorporated in the Cayman Islands on December 7, 2006. The Company was originally organized as a “blank check” shell company to investigate and acquire a target company or business desiring to be a publicly held corporation. Wealth Environmental Protection Group, Inc. (“WEP”) was incorporated under the laws of the British Virgin Islands on June 3, 2010 to serve as an investment holding company. On December 15, 2010, the Company (i) closed a share exchange transaction pursuant to which it became the 100% parent of WEP, and (ii) assumed the operations of WEP and its subsidiaries.

The share exchange transaction has been treated as a recapitalization of WEP, with Huixin emerging as the surviving legal entity and WEP is considered as the acquirer for accounting purpose.  Prior to the recapitalization, Huixin had essentially no assets or liabilities and issued approximately 96% of its outstanding shares to the shareholders of WEP and their designees in the recapitalization. The historical consolidated financial statements of WEP are retroactively presented as the financial statements of Huixin.   A summary of the Company subsidiaries is currently as follows:

	Domicile and
	Date of	Paid -In		Effective
Name and Location	Incorporation	Capital		Ownership	Activities
Wealth Environmental Protection Group, Inc  (“WEP”)	British Virgin Islands June 3, 2010	$	7,000	100% Owned	Holding Company
Wealth Environmental Technology Holding Ltd.(“Wealth Technology”) Hong Kong	Hong Kong June 18, 2010	$	1,299	100% Owned	Holding Company
Jiangmen Huiyuan Environmental Protection Technology Consultancy Co. (“Jiangmen Huiyuan”) Jiangmen, Guandong Province	Peoples Republic Of China (“PRC”) July 22, 2010	$	15,082	100% Owned - Wholly Foreign Owned Entity (“WFOE”)	Holding Company
Jiangmen Wealth Water Purifying Agent Co., Ltd (“Jiangmen Wealth Water”)  Jiangmen, Guandong Province	PRC April 25, 2003	$	4,049,060	100% Control  Through Contractual Arrangements	Manufacturing of water purifying agents
Guizhou Yufeng Melt Co., Ltd. (“Guizhou Yufeng”) Guizhou Provincre	PRC  March 25, 2005	$	4,233,854	100% Control Through Contractual Arrangements	Manufacturer of HAC Powder using bauxite and limestone from mines controlled under mining rights agreements
Shanxi Wealth Aluminate Materials Co., Ltd Shanxi Province	PRC April 8, 2004	$	6,786,056	100% Control Through Contractual Arrangements	Manufacturer of HAC Powder using bauxite and limestone from mines controlled under mining rights agreements

On September 29, 2010, Jiangmen Huiyuan entered into a series of contractual agreements with Jiangmen Wealth Water, and its shareholders, in which Jiangmen Huiyuan effectively assumed management of the business activities of Jiangmen Wealth Water and has the right to appoint all executives and senior management and the members of the board of directors of Jiangmen Wealth Water. The contractual arrangements are comprised of a series of agreements, including an Exclusive Business Cooperation Agreement, Exclusive Option Agreement, Equity Interest Pledge Agreement and Power of Attorney, through which Jiangmen Huiyuan has the right to provide exclusive complete business support and technical and consulting service to Jiangmen Wealth Water for an annual fee in the amount of Jiangmen Wealth Water’s yearly net profits after tax. Additionally, Jiangmen Wealth Water’s shareholders have pledged their rights, titles and equity interest in Jiangmen Wealth Water as security for Jiangmen Huiyuan to collect consulting and services fees provided to Jiangmen Wealth Water through an Equity Pledge Agreement. In order to further reinforce Jiangmen Huiyuan’s rights to control and operate Jiangmen Wealth Water, the shareholders of Jiangmen Wealth Water have granted Jiangmen Huiyuan the exclusive right and option to acquire all of their equity interests in Jiangmen Wealth Water through an Exclusive Option Agreement.

Jiangmen Wealth Water owns all of the issued and outstanding capital stock of Guizhou Yufeng, and Shanxi Wealth. During the years ended December 31, 2009 and 2008, Mr. Tan and his spouse, Ms. Hong Yu Du (“Ms. Du”) directly or through an affiliated company, had controlling equity interests in Jiangmen Wealth Water, Guizhou Yufeng and Shanxi Wealth.   In August and September 2010, through a restructuring process, Jiangmen Wealth Water paid $74,705 and $463,160 to acquire 100% equity interest of Guizhou Yufeng and 62% equity interest of Shanxi Wealth, respectively. On December 27, 2010 the Company acquired the remaining 38% equity interest of Shanxi Wealth owned by Mr. Tan through a declared dividend payable of $290,072 to Mr. Tan on January 3, 2011.  Mr. Tan and Ms. Du collectively owned 100% of Jiangmen Wealth Water and its subsidiaries after this restructuring.

Based on Jiangmen Huiyuan’s contractual relationship with Jiangmen Wealth, the Company has determined that a variable interest entity has been created and therefore Jiangmen Wealth is considered a consolidated subsidiary of the Company. Additionally, because all of the companies are currently under common control, the series of agreements and restructurings referred to above have been accounted for as a reorganization of the entities and the financial statements have been prepared as if the reorganization had occurred retroactively.  Accordingly these financial statements present the consolidated operating results, assets and liabilities of Wealth and its subsidiaries, which are collectively referred to as the “Company”.

The Company produces and sells water purifying agents and high-performance aluminate calcium (HAC) powder, the core ingredient of its water purifying agents in China.

The accompanying condensed consolidated balance sheet as of December 31, 2011, which has been derived from the audited consolidated financial statements and the accompanying unaudited condensed consolidated financial statements, has been prepared pursuant to the rules and regulations of the Securities and Exchange Commission. Certain information and note disclosures normally included in annual financial statements prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) have been condensed or omitted pursuant to those rules and regulations and the Company believes that the disclosures made are adequate to make the information not misleading.

In the opinion of management, these condensed consolidated financial statements reflect all adjustments which are of a normal recurring nature and which are necessary to present fairly the financial position of Huixin as of September 30, 2012 and the results of operations for the three-month and nine-month periods ended September 30, 2012 and September 30, 2011, and the cash flows for the nine-month periods ended September 30, 2012 and September 30, 2011. These condensed consolidated financial statements and related notes should be read in conjunction with the Company’s annual report on Form 10-K for the fiscal year ended December 31, 2011. The results of operations for the three months and nine months ended September 30, 2012 are not necessarily indicative of the results which may be expected for the entire fiscal year.

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Organization, Nature of Business and Basis of Presentation (Details Textual) (USD $)			9 Months Ended		1 Months Ended			1 Months Ended
	Sep. 30, 2011	Sep. 30, 2010 Principal owner [Member]	Sep. 30, 2012 Wealth Environmental Protection Group, Inc (WEP) [Member]	Aug. 31, 2010 Guizhou Yufeng [Member]	Jan. 31, 2011 Shainxi Wealth [Member]	Dec. 27, 2010 Shainxi Wealth [Member]	Sep. 30, 2010 Shainxi Wealth [Member]	Jan. 31, 2011 Jiangmen Wealth Water [Member]
Organization, Nature of Business and Basis of Presentation (Textual)
Effective Ownership			100.00%					100.00%
Percentage of outstanding share issued			96.00%
Amount paid to acquire equity interest				$ 74,705			$ 463,160
Equity Interest acquire, Percentage	38.00%			100.00%		38.00%	62.00%
Dividends, Common Stock, Cash					$ 290,072
Ownership Percentage by Mr. Tan and Ms. Du		100.00%

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Inventories (Details) (USD $)	Sep. 30, 2012	Dec. 31, 2011
Summary of inventories
Raw Materials	$ 847,060	$ 674,114
Work in progress	49,698
Finished goods	295,919	283,395
Inventories, Net	$ 1,192,677	$ 957,509

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Related Party Balances and Transactions (Details)	9 Months Ended
	Sep. 30, 2011 USD ($)	Sep. 30, 2012 USD ($)	Sep. 30, 2012 CNY	Aug. 31, 2012 USD ($)	Aug. 31, 2012 CNY	Jun. 30, 2012 USD ($)	Jun. 30, 2012 CNY	Feb. 29, 2012 USD ($)	Feb. 29, 2012 CNY	Dec. 31, 2011 USD ($)	Sep. 30, 2011 CNY
Related Party Balances and Transactions (Textual)
Cash paid for dividends	$ 290,072
Equity Interest acquire, Percentage	38.00%
Amount due to shareholders		15,266								15,266
Revolving credit agreement		4,760,000	30,000,000					4,760,000	30,000,000
Short term note agreement	19,000,000			12,660,000	80,000,000	19,000,000	120,000,000				120,000,000
Short term note agreement one	$ 12,660,000										80,000,000

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Condensed Consolidated Balance Sheets(USD ($))	Sep. 30, 2012	Dec. 31, 2011
Current assets:
Cash and cash equivalents	$ 54,480,465	$ 26,383,537
Restricted cash	120,000	670,000
Accounts receivable	3,256,909	2,372,832
Note receivable		25,187,727
Interest receivable		156,085
Inventories	1,192,677	957,509
Advances to suppliers		3,825,386
Other current assets	18,730	14,168
Total current assets	59,068,781	59,567,244
Property, plant and equipment, land use and mining rights, net	13,867,629	14,627,533
Deposit for mining right acquisition	31,650,477
Total assets	104,586,887	74,194,777
Current liabilities:
Short –term debt	12,660,191
Accounts payable	2,554,309	1,855,530
Accrued expenses	1,217,346	1,533,878
Due to shareholders	15,226	15,226
Value added taxes payable	764,723	497,581
Other taxes payable	154,971	90,150
Income tax payable	1,947,617	1,286,537
Total current liabilities	19,314,383	5,278,902
Deferred income taxes	312,446	311,339
Total liabilities	19,626,829	5,590,241
Shareholders' equity:
Preferred stock, $0.000128 par value, 781,250 shares authorized, 444,804 shares issued and outstanding on September 30, 2012 and December 31, 2011	57	57
Common stock: $0.00018254172 par value, 39,062,500 shares authorized, 19,600,305 shares issued and outstanding on September 30, 2012 and December 31, 2011	3,578	3,578
Additional paid-in capital	24,283,222	24,283,222
Accumulated other comprehensive income	6,842,983	6,492,658
Retained earnings (the restricted portion of retained earnings is $496,396 on September 30, 2012 and December 31, 2011)	53,830,218	37,825,021
Total shareholders’ equity	84,960,058	68,604,536
Total liabilities and shareholders’ equity	$ 104,586,887	$ 74,194,777

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Other Long-Term Asset (Details)	Aug. 28, 2012 USD ($)	Aug. 28, 2012 CNY
Other Long Term Asset (Textual)
Other long-term asset purchase agreement amount	$ 83,000,000	520,000,000
Security Deposit	$ 31,650,477	200,000,000

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Condensed Consolidated Statements of Shareholders' Equity (Unaudited) (USD $)	Total	Preferred Stock	Common Stock	Additional paid-in capital	Accumulated Other Comprehensive Income	Retained Earning, Restricted	Retained Earning, Unrestricted
Balance at Dec. 31, 2011	$ 68,604,536	$ 57	$ 3,578	$ 24,283,222	$ 6,492,658	$ 496,396	$ 37,328,625
Balance (Shares) at Dec. 31, 2011		444,804	19,600,305
Net income	16,005,197						16,005,197
Other comprehensive income - foreign currency translation adjustments	350,325				350,325
Ending Balance at Sep. 30, 2012	$ 84,960,058	$ 57	$ 3,578	$ 24,283,222	$ 6,842,983	$ 496,396	$ 53,333,822
Ending Balance (Shares) at Sep. 30, 2012		444,804	19,600,305

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Summary of Significant Accounting Policies (Details 2) (USD $)	Sep. 30, 2012	Dec. 31, 2011	Sep. 30, 2011	Dec. 31, 2010
Liability for uncollected or unremitted VAT
Liabilities for taxes collected but not remitted	$ 291,497	$ 152,811
Liabilities for taxes billed to customers but not collected from the customers or remitted to PRC	473,226	344,770
VAT payable at period end	$ 764,723	$ 497,581	$ 591,382	$ 389,053

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Organization, Nature of Business and Basis of Presentation (Tables)

9 Months Ended

Sep. 30, 2012

Organization, Nature Of Business and Basis Of Presentation [Abstract]

Subsidiary information

	Domicile and
	Date of	Paid -In		Effective
Name and Location	Incorporation	Capital		Ownership	Activities
Wealth Environmental Protection Group, Inc  (“WEP”)	British Virgin Islands June 3, 2010	$	7,000	100% Owned	Holding Company
Wealth Environmental Technology Holding Ltd.(“Wealth Technology”) Hong Kong	Hong Kong June 18, 2010	$	1,299	100% Owned	Holding Company
Jiangmen Huiyuan Environmental Protection Technology Consultancy Co. (“Jiangmen Huiyuan”) Jiangmen, Guandong Province	Peoples Republic Of China (“PRC”) July 22, 2010	$	15,082	100% Owned - Wholly Foreign Owned Entity (“WFOE”)	Holding Company
Jiangmen Wealth Water Purifying Agent Co., Ltd (“Jiangmen Wealth Water”)  Jiangmen, Guandong Province	PRC April 25, 2003	$	4,049,060	100% Control  Through Contractual Arrangements	Manufacturing of water purifying agents
Guizhou Yufeng Melt Co., Ltd. (“Guizhou Yufeng”) Guizhou Provincre	PRC  March 25, 2005	$	4,233,854	100% Control Through Contractual Arrangements	Manufacturer of HAC Powder using bauxite and limestone from mines controlled under mining rights agreements
Shanxi Wealth Aluminate Materials Co., Ltd Shanxi Province	PRC April 8, 2004	$	6,786,056	100% Control Through Contractual Arrangements	Manufacturer of HAC Powder using bauxite and limestone from mines controlled under mining rights agreements

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Summary of Significant Accounting Policies (Details Textual) (USD $)	9 Months Ended	12 Months Ended
	Sep. 30, 2012	Dec. 31, 2011
Summary of Significant Accounting Policies (Textual)
Reverse stock split ratio		1 share to 1.42610718 shares
Common Stock, Par value	$ 0.00018254172	$ 0.00018254172
Percentage of Value added tax on sale	17.00%
Minimum Percentage Of Value Added Tax On Purchases	6.00%
Maximum Percentage of Value added tax on purchases	17.00%

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Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2012

Earnings Per Share [Abstract]

Computations of basic net earnings per share and diluted

	Three Months Ended September 30,				Nine Months Ended September 30,
	2012		2011		2012		2011
Net income attributable to common shareholders - Basic	$	5,509,075	$	4,975,739	$	15,704,954	$	14,016,926
Add: cumulative dividends attributable to
6% convertible preferred stock		100,081		100,081		300,243		300,243
Net income attributable to
common shareholders - Diluted	$	5,609,156	$	5,075,820	$	16,005,197	$	14,317,169
Weighted average number of common shares		19,600,305		19,600,305		19,600,305		19,600,305
outstanding - Basic
Dilutive effect of preferred stock conversion		2,224,020		2,224,020		2,224,020		2,224,020
Weighted average number of common shares
outstanding - Diluted		21,824,325		21,824,325		21,824,325		21,824,325
Earnings per share:
Basic	$	0.28	$	0.25	$	0.80	$	0.72
Diluted	$	0.26	$	0.23	$	0.73	$	0.66

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Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)	9 Months Ended
	Sep. 30, 2012	Sep. 30, 2011
Cash flows from operating activities:
Net income	$ 16,005,197	$ 14,317,169
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Depreciation and amortization	1,047,465	968,021
Deferred income taxes	(453)	71,515
Changes in operating assets and liabilities:
Accounts receivable	(873,048)	(4,636,449)
Interest receivable	157,171	(61,648)
Inventories	(230,512)	(391,538)
Advance to suppliers	3,852,007	(3,745,134)
Other assets	(4,495)	5,333
Accounts payable	690,404	1,519,773
Accrued expenses	(305,160)	(580,371)
Value added taxes payable	264,967	187,026
Other taxes payable	64,453	105,545
Income tax payable	655,406	586,673
Net cash provided by operating activities	21,323,402	8,345,915
Cash flows from investing activities:
Purchase of property, equipment and improvement	(209,113)	(194,338)
Deposit for mining right acquisition	(31,703,760)
Addition to note receivable		(13,870,865)
Promissory note receivable from non related party	25,363,008
Net cash provided by (used in) investing activities	(6,549,865)	(14,065,203)
Cash flows from financing activities:
Principle payments on short-term debt	(22,509,670)
Proceeds received from short-term debt	35,191,174
Advances from shareholders		770
Dividends paid to shareholders		(290,829)
Decrease in restricted cash	550,000	1,417,203
Net cash provided by financing activities	13,231,504	1,127,144
Effect of exchange rate changes on cash and cash equivalents	91,887	856,013
Net increase in cash and cash equivalents	28,096,928	(3,736,131)
Cash and cash equivalents at the beginning of period	26,383,537	33,910,457
Cash and cash equivalents at the end of period	54,480,465	30,174,326
Supplemental disclosure of cash flow information:
Income taxes paid	4,799,533	4,207,463
Interest paid	$ 284,243

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Condensed Consolidated Balance Sheets (Parenthetical) (USD $)	Sep. 30, 2012	Dec. 31, 2011
Balance Sheets [Abstract]
Preferred Stock, Par value	$ 0.000128	$ 0.000128
Preferred Stock, Shares Authorized	781,250	781,250
Preferred Stock, Shares Issued	444,804	444,804
Preferred Stock, Shares Outstanding	444,804	444,804
Common Stock, Par value	$ 0.00018254172	$ 0.00018254172
Common Stock, Shares Authorized	39,062,500	39,062,500
Common Stock, Shares Issued	19,600,305	19,600,305
Common Stock, Shares Outstanding	19,600,305	19,600,305
Restricted Portion of Retained Earnings	$ 496,396	$ 496,396

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Income Taxes

9 Months Ended

Sep. 30, 2012

Income Taxes [Abstract]

Income Taxes

(10) Income Taxes

The Company has not recorded a provision for U.S. federal income tax for the three months and nine months ended September 30, 2012 and 2011 because substantially all of the Company’s operations are conducted in the PRC.

On March 16, 2007, the National People’s Congress of China approved the new Corporate Income Tax Law of the PRC (New CIT Law), which is effective from January 1, 2008. Under the New CIT Law, the statutory corporate income tax rate applicable to most companies, including the Company is 25%. In accordance with the New CIT Law, enterprises established under the laws of foreign countries or regions and whose “place of effective management” is located within the PRC territory are considered PRC resident enterprises and subject to the PRC income tax at the rate of 25% on worldwide income. The definition of “place of effective management” refers to an establishment that exercises, in substance, overall management and control over the production and business, personnel, accounting, properties, etc. of an enterprise. As of September 30, 2012, no detailed interpretation or guidance has been issued to define “place of effective management”. Furthermore, as of September 30, 2012, the administrative practice associated with interpreting and applying the concept of “place of effective management” is unclear. However, the Company has analyzed the applicability of this law, as of and for the years ended December 31, 2011 and 2010, and the Company has accrued and paid PRC tax on such basis. The Company will continue to monitor changes in the interpretation or guidance of this law.

The New CIT Law also imposes a 10% withholding income tax for dividends distributed by a foreign invested enterprise to its immediate holding company outside China. Such dividends were exempted from PRC tax under the previous income tax law and regulations.

The tax authority of the PRC Government conducts periodic and ad hoc tax filing reviews on business enterprises operating in the PRC after those enterprises had completed their relevant tax filings, hence the Company’s tax filings may not be finalized. It is therefore uncertain as to whether the PRC tax authority may take different views about the Company’s tax filings which may lead to additional tax liabilities.

The Company conducts substantially all of its business in PRC and it is subject to PRC income taxes at a 25% standard tax rate in 2012 and 2011.  Following is a reconciliation of the Company’s income tax provision of $1,901,646 and $1,696,209 for the three months ended September 30, 2012 and 2011, respectively, and $5,454,958 and $4,865,974 for the nine months ended September 30, 2012 and 2011, respectively,  to the expected US statutory rate of 34%:

	Three Months Ended September 30,						Nine Months Ended September 30,
	2012			2011			2012			2011
Computed tax at the U.S. federal statutory rate of 34%	$	2,553,673		$	2,302,490		$	7,296,453		$	6,522,268
Tax rate difference between the US and PRC on foreign earnings		(675,972	)		(609,483	)		(1,931,414	)		(1,726,483	)
Change in valuation allowance		32,563			26,221			122,215			116,416
Other		(8,618	)		(23,019	)		(32,296	)		(46,227	)
	$	1,901,646		$	1,696,209		$	5,454,958		$	4,865,974

At September 30, 2012 and December 31, 2011, differences between the basis of assets and liabilities reported in the accompanying financial statements and those recognized for tax reporting purposes in the PRC, and the related deferred taxes were as follows:

	As of			As of
	September 30,			December 31,
	2012			2011
Deferred tax assets:
Net operating losses	$	1,187,946		$	1,065,731
Liability for social insurance premiums and provident housing funds		75,000			75,000
Total deferred tax assets		1,262,946			1,140,731
Deferred tax liabilities:
Difference between book and tax amortization on mining rights		(387,446	)		(386,339	)
Total deferred tax liabilities		(387,446	)		(386,339	)
Net deferred tax assets before valuation allowance		875,500			754,392
Valuation allowance		(1,187,946	)		(1,065,731	)
Net deferred tax liabilities	$	(312,446	)	$	(311,339	)

The Company accounts for uncertainty in income taxes in accordance with applicable accounting standards, which prescribe a recognition threshold and measurement process for financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. These accounting standards also provide guidance on derecognition, classification, interest and penalties, accounting in interim periods, disclosure and transition.

Based on the Company’s evaluation, the Company has concluded that there are no significant uncertain tax positions requiring recognition in its financial statements.

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Document and Entity Information	9 Months Ended
	Sep. 30, 2012	Nov. 13, 2012
Document and Entity [Abstract]
Entity Registrant Name	Huixin Waste Water Solutions, Inc.
Entity Central Index Key	0001381807
Document Type	10-Q
Document Period End Date	Sep. 30, 2012
Amendment Flag	false
Document Fiscal Year Focus	2012
Document Fiscal Period Focus	Q3
Current Fiscal Year End Date	--12-31
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		20,977,230

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Shareholders' Equity

9 Months Ended

Sep. 30, 2012

Stockholders Equity [Abstract]

Shareholders’ Equity

(11) Shareholders’ Equity

General Reserve Fund

In accordance with the PRC Regulations on Enterprises with Foreign Investment, an enterprise established in the PRC with foreign investment is required to provide for certain statutory reserves, namely (i) General Reserve Fund, (ii) Enterprise Expansion Fund and (iii) Staff Welfare and Bonus Fund, which are appropriated from net profit as reported in the enterprise’s PRC statutory accounts. A WOFE is required to allocate at least 10% of its annual after-tax profit to the General Reserve Fund until the balance of such fund has reached 50% of its respective registered capital.  A non- wholly-owned foreign invested enterprise is permitted to provide for the above allocation at the discretion of its board of directors. Appropriations to the Enterprise Expansion Fund and Staff Welfare and Bonus Fund are at the discretion of the board of directors for all foreign invested enterprises. The aforementioned reserves can only be used for specific purposes and are not distributable as cash dividends. As a result, $496,396 has been appropriated to the accumulated statutory reserves (included in the retained earnings) by the Company as of September 30, 2012 and December 31, 2011 and the balance represents a fully funded General Reserve Fund:

Following is an analysis of the general fund by subsidiary as of September 30, 2012 and December 31, 2011:

	Registered		General
	Capital		Reserve Fund
Jiangmen Huiyuan	$	-	$	-
Jiangmen Wealth Water		61,981		38,801
Guizhou Yufeng		61,981		39,211
Shangxi Wealth		619,806		418,384
	$	743,768	$	496,396

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Condensed Consolidated Statements of Income (Unaudited) (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2012	Sep. 30, 2011
Statements Of Income and Comprehensive Income [Abstract]
Net revenue	$ 22,407,329	$ 19,335,053	$ 61,298,540	$ 52,761,618
Cost of revenue	12,308,208	10,759,594	33,746,528	28,364,739
Gross profit	10,099,121	8,575,459	27,552,012	24,396,879
Operating expenses:
Selling and marketing	797,674	568,573	2,218,268	1,590,600
General and administrative	1,490,942	1,184,947	3,826,647	3,347,284
Research and development	151,176	149,191	470,722	438,936
Total operating expenses	2,439,792	1,902,711	6,515,637	5,376,820
Income from operations	7,659,329	6,672,748	21,036,375	19,020,059
Other income/(expense):
Interest income	79,596	99,281	708,023	163,084
Interest expense	(228,123)		(284,243)
Total other income/(expense)	(148,527)	99,281	423,780	163,084
Income before provision for income taxes	7,510,802	6,772,029	21,460,155	19,183,143
Provision for income taxes	1,901,646	1,696,209	5,454,958	4,865,974
Net income	5,609,156	5,075,820	16,005,197	14,317,169
Less cumulative dividends on preferred stock	100,081	100,081	300,243	300,243
Net income attributable to common shareholders	$ 5,509,075	$ 4,975,739	$ 15,704,954	$ 14,016,926
Net income per common share - basic	$ 0.28	$ 0.25	$ 0.80	$ 0.72
Net income per common share - diluted	$ 0.26	$ 0.23	$ 0.73	$ 0.66
Weighted average number of common shares outstanding - basic	19,600,305	19,600,305	19,600,305	19,600,305
Weighted average number of common shares outstanding - diluted	21,824,325	21,824,325	21,824,325	21,824,325

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Restricted Cash

9 Months Ended

Sep. 30, 2012

Restricted Cash [Abstract]

Restricted Cash

(5) Restricted Cash

The Company has certain restricted cash as a result of the execution of the following agreements:

Holdback Escrow Agreement

In connection with the Private Placement took place in December 2010, the Company entered into a Holdback Escrow Agreement with Anslow & Jaclin, LLP (“A&J”), the escrow agent, and Access America Investments, LLC (“AAI”), as investor representative (the “Holdback Escrow Agreement”), pursuant to which $2,167,203 was deposited with the escrow agent to be distributed upon the satisfaction of certain covenants set forth in the Subscription Agreement. Pursuant to the Holdback Escrow Agreement, $1,500,000 shall be released to the Company upon the hiring of a chief financial officer on terms acceptable to AAI (the “Chief Financial Officer Holdback”) and $667,203 shall be released to us upon appointment of the required independent directors to our board of directors. In March 2011, pursuant to the Holdback Escrow Agreement, $667,203 was released to us upon appointment of the required independent directors to our board of directors.

On May 20, 2011, the Holdback Escrow Agreement was amended to provide that as soon as practicable following the Offering, the Company shall employ a chief financial officer meeting certain requirements and to permit the “Lead Investor” (as defined in the Subscription Amendment) to authorize the escrow agent appointed pursuant to the Holdback Escrow Agreement to disburse a portion of the Chief Financial Officer Holdback, such portion not to exceed $750,000 in the aggregate, to the Company (a “Good Faith Disbursement”). Pursuant to Holdback Escrow Agreement, as amended on May 20, 2011, $750,000 was released to the Company as Good Faith Disbursement. On December 1, 2011, the Holdback Escrow Agreement was further amended to provide for a series of disbursements from the Chief Financial Officer Holdback to the Company of $100,000 commencing on December 1, 2011 and continuing on the first day of each successive month thereafter until the remaining balance of the Chief Financial Officer Holdback is disbursed to the Company (the “Monthly Disbursements”). As of September 30, 2012 and December 31, 2011, $0 and $550,000, respectively, remained unreleased.

Investor Relations Escrow Agreement

The Company entered into an investor relations escrow agreement with Anslow & Jaclin, LLP, the escrow agent, and Access America Investments, LLC, as representative of the investors, pursuant to which $120,000 was deposited with the escrow agent to be distributed in incremental amounts to pay our investor relations firm, the choice of which is subject to the approval of Access America Investments, LLC, which approval cannot be unreasonably withheld. As of September 30, 2012 and December 31, 2011, $120,000 remained unreleased as the Company has not hired any investor relations firm.

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Earnings Per Share

9 Months Ended

Sep. 30, 2012

Earnings Per Share [Abstract]

Earnings Per Share

(4) Earnings Per Share

Basic net earnings per share is computed using the weighted-average number of common shares outstanding. The dilutive effect of potential common shares outstanding is included in diluted net earnings per share. The computations of basic net earnings per share and diluted net earnings per share for three months and nine months ended September 30, 2012 and 2011 are as follows:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2012		2011		2012		2011
Net income attributable to common shareholders - Basic	$	5,509,075	$	4,975,739	$	15,704,954	$	14,016,926
Add: cumulative dividends attributable to
6% convertible preferred stock		100,081		100,081		300,243		300,243
Net income attributable to
common shareholders - Diluted	$	5,609,156	$	5,075,820	$	16,005,197	$	14,317,169
Weighted average number of common shares		19,600,305		19,600,305		19,600,305		19,600,305
outstanding - Basic
Dilutive effect of preferred stock conversion		2,224,020		2,224,020		2,224,020		2,224,020
Weighted average number of common shares
outstanding - Diluted		21,824,325		21,824,325		21,824,325		21,824,325
Earnings per share:
Basic	$	0.28	$	0.25	$	0.80	$	0.72
Diluted	$	0.26	$	0.23	$	0.73	$	0.66

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Summary of Significant Accounting Policies (Tables)

9 Months Ended

Sep. 30, 2012

Summary Of Significant Accounting Policies [Abstract]

Summary of purchases from major suppliers

	Three Months Ended						Nine Months Ended
	September 30, 2012			September 30, 2011			September 30, 2012			September 30, 2011
Supplier 1		12	%		12	%		12	%		11	%
Supplier 2		18	%		17	%		11	%		17	%
Supplier 3		12	%		12	%		16	%		11	%

Summary of VAT bill to the company on sale and purchases

	Nine Months			Nine Months
	Ended			Ended
	September 30, 2012			September 30, 2011
VAT billed to customers for sales during the period	$	12,017,833		$	10,322,305
Less: VAT billed to the Company for purchases during the period		4,780,061			4,089,441
Net VAT on transactions took place during the period		7,237,772			6,232,864
Amount remitted to the PRC		(6,970,630	)		(6,030,535	)
VAT payable at beginning of period		497,581			389,053
VAT payable at period end	$	764,723		$	591,382

Liability for uncollected or unremitted VAT

	As of		As of
	September 30,		December 31,
	2012		2011
Liabilities for taxes collected but not remitted	$	291,497	$	152,811
Liabilities for taxes billed to customers but not collected
from the customers or remitted to PRC		473,226		344,770
VAT payable at period end	$	764,723	$	497,581

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Related Party Balances and Transactions

9 Months Ended

Sep. 30, 2012

Related Party Balances and Transactions [Abstract]

Related Party Balances and Transactions

(12) Related Party Balances and Transactions

During the nine months ended September 30, 2011, the Company declared and paid a dividend in the amount of $290,072 to Mr. Ming Zhou Tan (“Mr. Tan”) to acquire his remaining 38% equity interest in Shanxi Wealth. As of September 30, 2012 and December 31, 2011, the amount due to shareholders totaled $15,266.

During the nine months ended September 30, 2011, the Company entered into a $4.76 million (RMB30,000,000) revolving credit agreement with Industrial and Commercial Bank of China Limited (“ICBC”); a $19 million (RMB120,000,000) short-term note agreement with Industrial Bank Co., Limited (“IB”), and a $12.66 million (RMB80,000,000) short-term note agreement with Industrial Bank Co., Limited (“IB”), all these debts are personally guaranteed by Mr. Tan and Ms. Du, and contains no maintenance covenants.

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Other Long-Term Asset

9 Months Ended

Sep. 30, 2012

Other Long- Term Asset [Abstract]

Other long-term asset

(8)          Other long-term asset

On August 28, 2012, the Company entered into a purchase agreement with a non-related party for an Aluminum Bauxite mining right located in Guizhou Province, PRC in the total amount of approximately $83 million (RMB520,000,000). In accordance with PRC regulations on natural resources, the transaction is subject to the Ministry of Land and Resources of the PRC for final approval. Pursuant to the purchase agreement, the Company paid $31,650,477 (RMB200,000,000) security deposit for the transaction, and is secured by the seller’s Mining Right Certificate. The security deposit is fully refundable with applicable interest should the transaction be rejected by the Ministry of Land and Resources of the PRC.

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Inventories

9 Months Ended

Sep. 30, 2012

Inventories [Abstract]

Inventories

 (6) Inventories

A summary of inventories is as follows:

	September 30,		December 31,
	2012		2011
Raw Materials	$	847,060	$	674,114
Work in progress		49,698		-
Finished goods		295,919		283,395
	$	1,192,677	$	957,509

Inventories are stated at the lower of cost or market. The weighted average cost method is used to account for the Company inventories. 

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Property, Plant and Equipment and Land Use and Mining Rights

9 Months Ended

Sep. 30, 2012

Property, Plant and Equipment and Land and Mining Rights [Abstract]

Property, Plant and Equipment and Land and Mining Rights

(7) Property, Plant and Equipment and Land and Mining Rights

A summary of property, plant and equipment and land and mining rights is as follows:

	September 30,		December 31,
	2012		2011
Leasehold improvement	$	3,338,534	$	3,321,044
Production equipment		6,757,205		6,715,532
Furniture and fixtures		449,401		441,857
Automobiles		512,225		313,333
Land use rights		2,288,336		2,276,347
Mining rights		9,020,386		8,973,128
		22,366,087		22,041,241
Less: Accumulated depreciation		8,498,458		7,413,708
	$	13,867,629	$	14,627,533

Depreciation and amortization expense was $370,586 and $339,726 for the three months ended September 30, 2012 and 2011, respectively, and $1,047,465 and $968,021 for the nine months ended September 30, 2012 and 2011, respectively.  A breakdown of depreciation and amortization expenses is summarized as follows:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2012		2011		2012		2011
Depreciation of plant, equipment and improvements	$	185,403	$	176,866	$	557,403	$	520,196
Amortization of land use rights		12,612		12,448		37,907		36,856
Amortization of mining rights		172,571		150,412		452,155		410,969
Total	$	370,586	$	339,726	$	1,047,465	$	968,021

As of September 30, 2012 and December 31, 2011, the Company holds mining rights to two limestone mines and two bauxite mines from which they are allowed to produce:

● 300,000 tons of limestone, from which the calcium needed for production of its products is derived;

● 350,000 tons of bauxite, from which the aluminum for production of its products is derived.

During the three months and nine months ended September 30, 2012 and 2011, the Company had production from its limestone and bauxite mines as follows (in tons):

	Three Months Ended September 30,				Nine Months Ended September 30,
	2012		2011		2012		2011
Limestone		24,211		27,461		74,598		76,428
Bauxite		79,504		66,389		200,981		183,788

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Short Term Debt

9 Months Ended

Sep. 30, 2012

Short Term Debt [Abstract]

Short-term debt

(9) Short-term debt

The Company's Short-term debt consisted of the following:

	September 30,		December 31,
	2012		2011
Revolving line-of-credit	$	-	$	-
Short term note (1)		-		-
Short term note (2)		12,660,191		-
Total	$	12,660,191	$	-

In February 2012, the Company entered into a $4.76 million (RMB30,000,000) revolving credit agreement with Industrial and Commercial Bank of China Limited (“ICBC”) with one year maturity, which is personally guaranteed by Mr. Tan and Ms. Du, contains no maintenance covenants. The interest rate under the revolving credit agreement is based on the base rate, the interest rate set by the People’s Bank of China, plus 30% of the base rate. As of September 30, 2012, the available borrowing base under revolving line-of-credit was $4.76 million, with $0 drawn as of that date, leaving $4.76 million (RMB30,000,000) available for general operations use under this revolving credit agreement. Interest under the line-of-credit is paid monthly at the ended of each month. As of September 30, 2012, all interest was fully paid.

In June 2012, the Company entered into a $19 million (RMB120,000,000) short-term note agreement with Industrial Bank Co., Limited (“IB”) with a one year maturity, is personally guaranteed by Mr. Tan and Ms. Du, and contains no maintenance covenants. The interest rate under the short-term note agreement is based on the base rate, the interest rate set by the People’s Bank of China, plus 10% of the base rate. Interest under the short term note is paid monthly at the ended of each month. During the period ended September 30, 2012, the principle and interest of the short term were fully paid.

In August 2012, the Company entered into a $12.66 million (RMB80,000,000) short-term note agreement with Industrial Bank Co., Limited (“IB”) with a one year maturity, is personally guaranteed by Mr. Tan and Ms. Du, and contains no maintenance covenants. The interest rate under the short-term note agreement is based on the base rate, the interest rate set by the People’s Bank of China (6.3% at September 30, 2012). Interest under the short term note is paid monthly at the ended of each month. As of September 30, 2012, all interest was fully paid.

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Summary of Significant Accounting Policies (Details 1) (USD $)	9 Months Ended
	Sep. 30, 2012	Sep. 30, 2011
Summary of VAT bill to the company on sale and purchases
VAT billed to customers for sales during the period	$ 12,017,833	$ 10,322,305
Less: VAT billed to the Company for purchases during the period	4,780,061	4,089,441
Net VAT on transactions took place during the period	7,237,772	6,232,864
Amount remitted to the PRC	(6,970,630)	(6,030,535)
VAT payable at beginning of period	497,581	389,053
VAT payable at period end	$ 764,723	$ 591,382

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Shareholders' Equity (Details) (USD $)	Sep. 30, 2012	Dec. 31, 2011
Analysis of general fund by subsidiary
Registered Capital	$ 743,768	$ 743,768
Capital Reserve Fund	496,396	496,396
Jiangmen Huiyuan [Member]
Analysis of general fund by subsidiary
Registered Capital
Capital Reserve Fund
Jiangmen Wealth Water [Member]
Analysis of general fund by subsidiary
Registered Capital	61,981	61,981
Capital Reserve Fund	38,801	38,801
Guizhou Yufeng [Member]
Analysis of general fund by subsidiary
Registered Capital	61,981	61,981
Capital Reserve Fund	39,211	39,211
Shangxi Wealth [Member]
Analysis of general fund by subsidiary
Registered Capital	619,806	619,806
Capital Reserve Fund	$ 418,384	$ 418,384

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Summary of Significant Accounting Policies (Policies)

9 Months Ended

Sep. 30, 2012

Summary Of Significant Accounting Policies [Abstract]

Reverse Stock Split

Reverse Stock Split

On December 15, 2011, the Board of Directors and the stockholders of the Company approved and implemented a reverse stock split in a ratio of 1 share to 1.42610718 shares of the Company’s common stock. Par value of the common stock has been changed to $0.00018254172 per share. Accordingly, all references to numbers of common shares and per-share data in the accompanying condensed consolidated financial statements and notes have been retroactively adjusted to reflect the effects of the reverse stock split.

Principles of Consolidation

Principles of Consolidation

These condensed financial statements present the consolidated accounts of WEP and its subsidiaries, Wealth Technology, Jiangmen Huiyan, and its variable interest entities, Jiangmen Wealth Water, Guizhou Yunfeng and Shanxi Wealth, which are collectively referred to as the “Company”. This presentation is based upon the retroactive treatment of series of agreements and restructurings of companies under common control as described in Note (1).

All inter-company transactions and balances have been eliminated in preparation of the condensed consolidated financial statements.

Use of Estimates

Use of Estimates

The preparation of condensed consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, revenue and expenses in the condensed consolidated financial statements and accompanying notes. Significant accounting estimates reflected in the Company’s condensed consolidated financial statements include collectibility of accounts receivable, useful lives and impairment of property and equipment, mineral reserves available for mining production, total expected use of mineral reserves and value and realizability of intangible assets.  Actual results could differ from those estimates.

Segments

Segments

For the three months and nine months ended September 30, 2012 and 2011, the Company’s operations have been broken down into segment based on production facility, in the manner that management reviews operations on a regular basis. All our operations revolve around the production of water purification agents made to similar specifications. All of the Company’s segments have similar assets, customers and distribution methods, and their economic characteristics are similar with regard to their gross margin percentages.

Currency Reporting

Currency Reporting

The Company’s operations in the PRC use the local currency, Renminbi (“RMB”), as their functional currency, whereas amounts reported in the accompanying condensed consolidated financial statements and disclosures are stated in U.S. dollars, the reporting currency of the Company, unless stated otherwise. As such, the condensed consolidated balance sheets of the Company have been translated into U.S. dollars at the current rates as of September 30, 2012 and December 31, 2011 and the condensed consolidated statements of income have been translated into U.S. dollars at the weighted average rates during the periods the transactions were recognized.

The resulting translation gain adjustments are recorded as other comprehensive income in the condensed consolidated statements of comprehensive income and as a separate component of equity in the condensed consolidated balance sheets.

Revenue Recognition

Revenue Recognition

The Company’s main source of revenue is generated from sales of water purifying agents and high-performance calcium aluminates powder. The Company recognizes revenue when there is persuasive evidence of a sales arrangement, delivery and acceptance by the customer has occurred, the sales price is fixed or determinable, and collection is probable. Under the Company’s typical sales terms for both water purifying agents and HAC powder, the Company recognizes revenue when product is shipped from its production facilities because shipments are made FOB shipping point with the customer bearing all shipping costs and title and risk of loss transferring to the customer upon shipment. Sales terms for water purifying agents and HAC powder do not include customer acceptance provisions, the right of return (unless the product is proven to be defective) or other post-delivery obligations. The Company has not experienced any significant returns associated with defective product.

Value added taxes represent amounts collected on behalf of specific government agencies that require remittance of tax by specified dates. Value added taxes are collected at the time of sales and are detailed on invoices provided to customers. The Company accounts for value added taxes on a net basis. The Company recorded and paid sales related taxes based on a percentage of the value added taxes and reported the revenue net of the sales related taxes.

Major Customers

Major Customers

During the three months and nine months ended September 30, 2012 and 2011, there was no customer accounted for 10% or more of our net revenue.

Major Suppliers

Major Suppliers

During the three months and nine months ended September 30, 2012 and 2011, certain suppliers accounted for more than 10% of the Company’s total net purchases as follows, and none of the major suppliers are related parties to the Company.

	Three Months Ended						Nine Months Ended
	September 30, 2012			September 30, 2011			September 30, 2012			September 30, 2011
Supplier 1		12	%		12	%		12	%		11	%
Supplier 2		18	%		17	%		11	%		17	%
Supplier 3		12	%		12	%		16	%		11	%

Value-Added Tax (VAT)

Value-Added Tax (“VAT”)

Enterprises or individuals, who sell commodities, engage in repair and maintenance or import or export goods in the PRC are subject to a value-added tax in accordance with the PRC laws. The value-added tax standard rate for sales made by the Company is 17% of the gross sales price and the Company records its revenue net of VAT. A credit is available whereby VAT paid on the purchases of semi-finished products or raw materials used in the production of the Company’s finished products can be used to offset the VAT due on the sales of the finished products. When the Company purchases raw materials, the VAT incurred by the Company, and subject to credit, generally varies from 6% to 17% depending on the type of materials or services purchased. There is a significant difference in the VAT that the Company incurs on purchases and the amount the Company bills to customers for sales of HAC powder and water purifying agents due to the fact that the Company converts raw materials from their mined state to finished product and is responsible for the substantial portion of increased value in its products.

Following is an analysis of VAT billed to the Company on purchases, VAT billed by the Company on sales and VAT remitted to PRC during the nine months ended  September 30, 2012 and 2011, with information related to the liability for uncollected or unremitted VAT at September 30, 2012 and December 31, 2011:

	Nine Months			Nine Months
	Ended			Ended
	September 30, 2012			September 30, 2011
VAT billed to customers for sales during the period	$	12,017,833		$	10,322,305
Less: VAT billed to the Company for purchases during the period		4,780,061			4,089,441
Net VAT on transactions took place during the period		7,237,772			6,232,864
Amount remitted to the PRC		(6,970,630	)		(6,030,535	)
VAT payable at beginning of period		497,581			389,053
VAT payable at period end	$	764,723		$	591,382

	As of		As of
	September 30,		December 31,
	2012		2011
Liabilities for taxes collected but not remitted	$	291,497	$	152,811
Liabilities for taxes billed to customers but not collected
from the customers or remitted to PRC		473,226		344,770
VAT payable at period end	$	764,723	$	497,581

New Accounting Pronouncements

New Accounting Pronouncements

In December 2011, the FASB issued ASU No. 2011-11, Topic 210 - Balance Sheet: Disclosures about Offsetting Assets and Liabilities (“ASU 2011-11”). ASU 2011-11 requires an entity to disclose information about offsetting and related arrangements to enable users of its financial statements to understand the effect of those arrangements on its financial position. ASU 2011-11 will be effective for fiscal years beginning on or after January 1, 2013, with retrospective application for all comparable periods presented. The Company does not expect the adoption of this guidance to have a material effect on the Company’s consolidated financial statements.

In July 2012, the FASB issued Accounting Standards Update ASU 2012-02, the amendments to ASC 350, Intangibles—Goodwill and Other: Testing Indefinite-Lived Intangible Assets for Impairment ("ASU 2012-02"). The amendments apply to all entities, both public and nonpublic, that have indefinite-lived intangible assets, other than goodwill, reported in their financial statements. In accordance with the amendments an entity has the option first to assess qualitative factors to determine whether the existence of events and circumstances indicates that it is more likely than not that the indefinite-lived intangible asset is impaired. If, after assessing the totality of events and circumstances, an entity concludes that it is not more likely than not that the indefinite-lived intangible asset is impaired, then the entity is not required to take further action. However, if an entity concludes otherwise, then it is required to determine the fair value of the indefinite-lived intangible asset and perform the quantitative impairment test by comparing the fair value with the carrying amount in accordance with Subtopic 350-30. An entity also has the option to bypass the qualitative assessment for any indefinite-lived intangible asset in any period and proceed directly to performing the quantitative impairment test. An entity will be able to resume performing the qualitative assessment in any subsequent period. The amendments are effective for annual and interim impairment tests performed for fiscal years beginning after September 15, 2012, and early adoption is permitted. The Company will apply these amendments for reporting periods beginning after December 31, 2012. The Company does not expect the adoption of the amendments to have a material impact on the Company's financial statements.

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Property, Plant and Equipment and Land Use and Mining Rights (Tables)

9 Months Ended

Sep. 30, 2012

Property, Plant and Equipment and Land and Mining Rights [Abstract]

Summary of property, plant and equipment and land and mining rights

	September 30,		December 31,
	2012		2011
Leasehold improvement	$	3,338,534	$	3,321,044
Production equipment		6,757,205		6,715,532
Furniture and fixtures		449,401		441,857
Automobiles		512,225		313,333
Land use rights		2,288,336		2,276,347
Mining rights		9,020,386		8,973,128
		22,366,087		22,041,241
Less: Accumulated depreciation		8,498,458		7,413,708
	$	13,867,629	$	14,627,533

Summary of breakdown of depreciation and amortization expenses

	Three Months Ended September 30,				Nine Months Ended September 30,
	2012		2011		2012		2011
Depreciation of plant, equipment and improvements	$	185,403	$	176,866	$	557,403	$	520,196
Amortization of land use rights		12,612		12,448		37,907		36,856
Amortization of mining rights		172,571		150,412		452,155		410,969
Total	$	370,586	$	339,726	$	1,047,465	$	968,021

Production summary of coal mines

	Three Months Ended September 30,				Nine Months Ended September 30,
	2012		2011		2012		2011
Limestone		24,211		27,461		74,598		76,428
Bauxite		79,504		66,389		200,981		183,788

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Income Taxes (Details 1) (USD $)	Sep. 30, 2012	Dec. 31, 2011
Deferred tax assets:
Net operating losses	$ 1,187,946	$ 1,065,731
Liability for social insurance premiums and provident housing funds	75,000	75,000
Total deferred tax assets	1,262,946	1,140,731
Deferred tax liabilities:
Difference between book and tax amortization on mining rights	(387,446)	(386,339)
Total deferred tax liabilities	(387,446)	(386,339)
Net deferred tax assets before valuation allowance	875,500	754,392
Valuation allowance	(1,187,946)	(1,065,731)
Net deferred tax liabilities	$ (312,446)	$ (311,339)

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Property, Plant and Equipment and Land Use and Mining Rights (Details) (USD $)	Sep. 30, 2012	Dec. 31, 2011
Summary of property, plant and equipment and land and mining rights
Property, plant and equipment and land and mining rights, gross	$ 22,366,087	$ 22,041,241
Less: Accumulated depreciation	8,498,458	7,413,708
Property, plant and equipment and land and mining rights, net	13,867,629	14,627,533
Leasehold Improvements [Member]
Summary of property, plant and equipment and land and mining rights
Property, plant and equipment and land and mining rights, gross	3,338,534	3,321,044
Production equipment [Member]
Summary of property, plant and equipment and land and mining rights
Property, plant and equipment and land and mining rights, gross	6,757,205	6,715,532
Furniture and Fixtures [Member]
Summary of property, plant and equipment and land and mining rights
Property, plant and equipment and land and mining rights, gross	449,401	441,857
Automobiles [Member]
Summary of property, plant and equipment and land and mining rights
Property, plant and equipment and land and mining rights, gross	512,225	313,333
Land use rights [Member]
Summary of property, plant and equipment and land and mining rights
Property, plant and equipment and land and mining rights, gross	2,288,336	2,276,347
Mining rights [Member]
Summary of property, plant and equipment and land and mining rights
Property, plant and equipment and land and mining rights, gross	$ 9,020,386	$ 8,973,128

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Condensed Consolidated Statements of Comprehensive Income (Unaudited) (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2012	Sep. 30, 2011
Statements Of Comprehensive Income [Abstract]
Net income	$ 5,609,156	$ 5,075,820	$ 16,005,197	$ 14,317,169
Other comprehensive income/(loss)
- foreign currency translation adjustments	(127,092)	633,699	350,325	1,583,689
Comprehensive income	$ 5,482,064	$ 5,709,519	$ 16,355,522	$ 15,900,858

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Note Receivable

9 Months Ended

Sep. 30, 2012

Note Receivable [Abstract]

Note Receivable

(3) Note Receivable

On August 29, 2011, the Company entered into a secured note receivable agreement with a non-related party in the amount of $14,087,748 (RMB90,000,000) which was increased to approximately $25,187,727 (RMB160,000,000) in December 2011. The note carried an annual interest rate of 9%. This note originally expired on November 28, 2011 but was extended to March 31, 2012, and was secured by the debtor’s land use right, certain tangible assets and all the business operation rights. Interest receivable related to this note amounted to $156,085 as of December 31, 2011. As of March 28, 2012, the note receivable and interest receivable were fully repaid.

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Short Term Debt (Tables)

9 Months Ended

Sep. 30, 2012

Short Term Debt [Abstract]

Summary of Short-term debt

	September 30,		December 31,
	2012		2011
Revolving line-of-credit	$	-	$	-
Short term note (1)		-		-
Short term note (2)		12,660,191		-
Total	$	12,660,191	$	-

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Earnings Per Share (Details) (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2012	Sep. 30, 2011
Computations of basic net earnings per share and diluted
Net income attributable to common shareholders - Basic	$ 5,509,075	$ 4,975,739	$ 15,704,954	$ 14,016,926
Add: cumulative dividends attributable to 6% convertible preferred stock	100,081	100,081	300,243	300,243
Net income attributable to common shareholders - Diluted	$ 5,609,156	$ 5,075,820	$ 16,005,197	$ 14,317,169
Weighted average number of common shares outstanding - Basic	19,600,305	19,600,305	19,600,305	19,600,305
Dilutive effect of preferred stock conversion	2,224,020	2,224,020	2,224,020	2,224,020
Weighted average number of common shares outstanding - Diluted	21,824,325	21,824,325	21,824,325	21,824,325
Earnings per share:
Basic	$ 0.28	$ 0.25	$ 0.80	$ 0.72
Diluted	$ 0.26	$ 0.23	$ 0.73	$ 0.66
Earnings Per Share (Textual)
Convertible preferred stock, dividend rate	6.00%	6.00%	6.00%	6.00%

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Segment Information

9 Months Ended

Sep. 30, 2012

Segment Information [Abstract]

Segment Information

(13) Segment Information

The Company follows FASB ASC 280-Segment Reporting, which requires that companies disclose segment data based on how management makes decision about allocating resources to segments and evaluating their performance. The Company has three operating segments identified by manufacturing facility and each segment is operated in a separate subsidiary. The Company primarily evaluates performance based on income before income taxes and excluding non-recurring items. The operations and products produced by the Company’s various segments are as follows: 

● Jiangmen Wealth Water produces water purification agents for specific industrial uses such as the  treatment of waste water from paper mills, decolorization agent to treat waste water that contains active dyes, acid dyes and direct dyes produced in the textile and printing industry, and other industry specific water purification applications. The Company uses HAC powder produced by the Guizhou Yefeng segment in the production of its water purification agents.

● Guizhou Yefeng produces HAC powder from calcium and aluminum derived from its limestone and bauxite mines. The HAC powder is used by Jiangmen Wealth Water in the production of its water purification agents and is also sold to outside customers for waste water treatment.

● Shanxi Wealth produces HAC powder from calcium and aluminum derived from its limestone and bauxite mines. The HAC powder is sold to outside customers for waste water treatment.

● Other represents the cost of corporate activities and eliminations

The segment data presented below was prepared on the same basis as the Company’s consolidated financial statements:

For the three months ended September 30, 2012
	Jiangmen
	Wealth		Guizhou		Shanxi
	Water		Yefeng		Wealth		Corporate			Eliminations			Total
Net revenue	$	11,510,345	$	4,596,526	$	9,024,816	$	-		$	(2,724,358	)	$	22,407,329
Cost of revenue		7,307,167		2,459,220		5,266,179		-			(2,724,358	)		12,308,208
Gross profit		4,203,178		2,137,306		3,758,637		-			-			10,099,121
Selling and marketing		331,546		85,957		380,171		-			-			797,674
General and administrative		734,084		159,289		318,260		279,309			-			1,490,942
Research and development		142,394		8,782		-		-			-			151,176
Income from operations	$	2,995,154	$	1,883,278	$	3,060,206	$	(279,309	)	$	-		$	7,659,329

For the three months ended September 30, 2011
	Jiangmen		Guizhou		Shanxi
	Wealth Water		Yefeng		Wealth		Corporate			Eliminations			Total
Net revenue	$	10,581,290	$	3,731,506	$	7,016,284	$	-		$	(1,994,027	)	$	19,335,053
Cost of revenue		6,223,213		2,060,388		4,470,020		-			(1,994,027	)		10,759,594
Gross profit		4,358,077		1,671,118		2,546,264		-			-			8,575,459
Selling and marketing		306,085		73,388		189,100		-			-			568,573
General and administrative		536,415		157,407		282,547		208,578			-			1,184,947
Research and development		140,543		8,648		-		-			-			149,191
Income from operations	$	3,375,034	$	1,431,675	$	2,074,617	$	(208,578	)	$	-		$	6,672,748

For the nine months ended September 30, 2012
	Jiangmen		Guizhou		Shanxi
	Wealth Water		Yefeng		Wealth		Corporate			Eliminations			Total
Net revenue	$	32,700,226	$	12,667,891	$	23,460,362	$	-		$	(7,529,939	)	$	61,298,540
Cost of revenue		20,791,108		6,782,660		13,702,699		-			(7,529,939	)		33,746,528
Gross profit		11,909,118		5,885,231		9,757,663		-			-			27,552,012
Selling and marketing		918,796		240,411		1,059,061		-			-			2,218,268
General and administrative		1,665,657		463,650		921,164		776,176			-			3,826,647
Research and development		443,853		26,869		-		-			-			470,722
Income from operations	$	8,880,812	$	5,154,301	$	7,777,438	$	(776,176	)	$	-		$	21,036,375

For the nine months ended September 30, 2011
	Jiangmen
	Wealth		Guizhou		Shanxi
	Water		Yefeng		Wealth		Corporate			Eliminations			Total
Net revenue	$	28,619,169	$	10,397,210	$	19,753,559	$	-		$	(6,008,320	)	$	52,761,618
Cost of revenue		16,910,098		5,562,590		11,900,371		-			(6,008,320	)		28,364,739
Gross profit		11,709,071		4,834,620		7,853,188		-			-			24,396,879
Selling and marketing		810,449		220,254		559,897		-			-			1,590,600
General and administrative		1,376,876		457,638		826,099		686,671			-			3,347,284
Research and development		416,126		22,810		-		-			-			438,936
Income from operations	$	9,105,620	$	4,133,918	$	6,467,192	$	(686,671	)	$	-		$	19,020,059

As of September 30, 2012
	Jiangmen
	Wealth		Guizhou		Shanxi
	Water		Yefeng		Wealth		Corporate		Eliminations			Total
Current assets	$	26,480,907	$	15,327,185	$	24,955,399	$	5,773,629	$	(13,468,339	)	$	59,068,781
Property, plant and equipment,
land use and mining rights		2,728,966		4,663,300		6,475,363		-		-			13,867,629
Other long-term assets		31,650,477		-		-		-		-			31,650,477
Total assets	$	60,860,350	$	19,990,485	$	31,430,672	$	5,773,629	$	(13,468,339	)	$	104,586,887