Quarterly report pursuant to Section 13 or 15(d)

Unaudited Consolidated Statements of Changes in Shareholders' Equity

v3.4.0.3
Unaudited Consolidated Statements of Changes in Shareholders' Equity - 3 months ended Mar. 31, 2016 - USD ($)
Total
Ordinary Shares
Additional Paid-in Capital
Retained Earnings
Statutory Reserve
Accumulated Other Comprehensive Loss
Non-controlling Interest
Balance at Dec. 31, 2015 $ 166,839,823 $ 79,055 $ 111,008,085 $ 34,318,040 $ 9,391,827 $ (4,326,351) $ 16,369,167
Balance (in shares) at Dec. 31, 2015   79,055,053          
Net loss (5,478,850)     (5,100,379)     $ (378,471)
Dividend declared (790,551) $ (790,551)
Foreign currency translation adjustment 879,423 $ 810,400 $ 69,023
Balance at Mar. 31, 2016 $ 161,449,845 $ 79,055 $ 111,008,085 $ 28,427,110 $ 9,391,827 $ (3,515,951) $ 16,059,719
Balance (in shares) at Mar. 31, 2016   79,055,053