Quarterly report pursuant to Section 13 or 15(d)

Taxation (Details 1)

v3.7.0.1
Taxation (Details 1) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Schedule Of Taxation [Line Items]        
Income before tax $ 5,057,908 $ 2,047,426 $ 8,258,215 $ 1,606,801
Provision for income taxes at applicable income tax rate 1,267,859 512,993 2,071,191 409,393
Effect of preferential tax rate (397,140) (116,208) (788,983) (139,878)
R&D expenses eligible for super deduction (442,939) (555,531) (442,939) (555,531)
Non-deductible expenses 17,448 96,716 33,995 114,336
Change in valuation allowance 150,480 236,343 310,209 381,497
Income tax expenses $ 595,708 $ 174,313 $ 1,183,473 $ 209,817