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Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 4,472,359 $ 4,870,865
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation and amortization 2,296,910 1,666,901
Provision (recovery) for obsolete inventories 459,213 (13,666)
Change in fair value of derivative liability (290,800) (330,300)
Deferred income tax 563,191 (85,708)
Interest on loans from related party    909
Stock-based compensation 9,836 10,077
Accounts receivable 14,295,016 9,413,419
Inventories (2,219,405) (37,484)
Value added tax receivable (1,591,861) (1,708,832)
Other receivables and prepaid expenses (295,199) 8,208
Advances on inventory purchases (555,284) 537,544
Amounts due from related parties (936,188) (6,019,433)
Accounts payable (8,594,380) (3,242,434)
Accounts payable and other payables- related parties (80,515) (138,168)
Other payables and accrued liabilities 36,570 975,521
Value added and other taxes payable (32,117) 447,390
Income tax payable (90,383) 559,150
Net cash provided by operating activities 7,446,963 6,913,959
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchase of property and equipment (2,147,918) (1,535,053)
Net cash used in investing activities (2,147,918) (1,535,053)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from bank loans 24,576,457 28,557,182
Repayment of bank loans (31,488,282) (26,167,763)
Repayment of loans from related party   (1,000,720)
Net cash (used in) provided by financing activities (6,911,825) 1,388,699
EFFECT OF EXCHANGE RATE CHANGES ON CASH (25,764) 253,305
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS (1,638,544) 7,020,910
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 8,822,581 3,691,653
CASH AND CASH EQUIVALENTS AT END OF PERIOD 7,184,037 10,712,563
Cash paid during the period for:    
Interest 1,004,744 520,195
Income taxes $ 373,221 $ 423,577