Statutory Reserve (Details Textual)

6 Months Ended

Jun. 30, 2016

Statutory Reserve (Textual)

Appropriation to the statutory surplus reserve, description

Statutory reserve, based on after-tax net income determined in accordance with generally accepted accounting principles of the PRC (the "PRC GAAP"). Appropriation to the statutory reserve should be at least 10% of the after tax net income determined in accordance with the PRC GAAP until the reserve is equal to 50% of the entities' registered capital or members' equity.

Appropriations of registered capital to statutory reserves, description

Maximum 50% of its registered capital to statutory reserve for Dyeing and Heavy Industries; accordingly, no additional statutory reserve is required for the three and six months ended June 30, 2016.

Company had not appropriated required maximum of registered capital to statutory reserves, description

Maximum 50% of its registered capital to statutory reserve for Fulland Wind Energy. During the three and six months ended June 30, 2016, the Company did not make any appropriations to statutory reserve for Fulland Wind Energy as it incurred recurring net loss.