Kandi Technologies (KNDI) 10-Q 9 Aug 16 2016 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2016	Aug. 03, 2016
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2016
Trading Symbol	kndi
Entity Registrant Name	Kandi Technologies Group, Inc.
Entity Central Index Key	1,316,517
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding		47,689,638
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well Known Seasoned Issuer	No
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q2

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)	Jun. 30, 2016	Dec. 31, 2015
Current assets
Cash and cash equivalents	$ 19,533,856	$ 16,738,559
Restricted cash	14,519,706	16,172,009
Short term investment	0	1,613,727
Accounts receivable	40,422,951	8,136,421
Inventories (net of provision for slow moving inventory of $474,683 and $485,901 as of June 30, 2016 and December 31, 2015, respectively	8,324,176	17,773,679
Notes receivable	6,192,424	13,033,315
Other receivables	473,667	332,922
Prepayments and prepaid expense	275,522	181,534
Due from employees	94,938	34,434
Advances to suppliers	12,715,165	71,794
Amount due from JV Company, net	122,807,165	76,172,471
Amount due from related party	10,957,632	40,606,162
Deferred taxes assets	928,660	0
TOTAL CURRENT ASSETS	237,245,862	190,867,027
LONG-TERM ASSETS
Property, Plant and equipment, net	17,861,960	20,525,126
Land use rights, net	12,471,618	12,935,121
Construction in progress	54,448,198	54,368,753
Long Term Investment	1,429,401	1,463,182
Investment in JV Company	88,346,850	90,337,899
Goodwill	322,591	322,591
Intangible assets	454,258	495,306
Other long term assets	9,251,729	154,019
TOTAL Long-Term Assets	184,586,605	180,601,997
TOTAL ASSETS	421,832,467	371,469,024
CURRENT LIABILITIES
Accounts payables	110,049,815	73,957,969
Other payables and accrued expenses	15,080,603	9,544,909
Short-term loans	35,810,260	36,656,553
Customer deposits	243,500	94,026
Notes payable	4,718,077	3,850,478
Income tax payable	3,894,811	624,276
Due to employees	14,439	9,423
Deferred taxes liabilities	0	2,374,924
Financial derivate - liability	10,692	3,823,590
Deferred income	0	13,726
Total Current Liabilities	169,822,197	130,949,874
LONG-TERM LIABILITIES
Deferred taxes liabilities	262,042	1,593,582
Total Long-Term Liabilities	262,042	1,593,582
TOTAL LIABILITIES	170,084,239	132,543,456
STOCKHOLDER'S EQUITY
Common stock, $0.001 par value; 100,000,000 shares authorized; 47,689,638 and 46,964,855 shares issued and outstanding at June 30,2016 and December 31,2015, respectively	47,020	46,965
Additional paid-in capital	228,133,604	212,564,334
Retained earnings (the restricted portion is $4,172,324 and $4,172,324 at June 30,2016 and December 31,2015, respectively)	33,937,518	31,055,919
Accumulated other comprehensive income(loss)	(10,369,914)	(4,741,650)
TOTAL STOCKHOLDERS' EQUITY	251,748,228	238,925,568
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 421,832,467	$ 371,469,024

CONDENSED CONSOLIDATED BALANCE3

CONDENSED CONSOLIDATED BALANCE SHEETS [Parenthetical] - USD ($)	Jun. 30, 2016	Dec. 31, 2015
Reserve for slow moving inventory	$ 474,683	$ 485,901
Common stock, par value (in dollars per share)	$ 0.001	$ 0.001
Common stock, shares authorized (in shares)	100,000,000	100,000,000
Common stock, shares issued (in shares)	47,689,638	46,964,855
Common stock, shares outstanding (in shares)	47,689,638	46,964,855
Restricted Retained Earnings	$ 4,172,324	$ 4,172,324

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF INCOME (LOSS) AND COMPREHENSIVE INCOME (LOSS) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
REVENUES, NET	$ 55,217,368	$ 47,963,460	$ 105,875,261	$ 91,744,546
COST OF GOODS SOLD	46,762,331	41,471,997	90,702,126	78,882,350
GROSS PROFIT	8,455,037	6,491,463	15,173,135	12,862,196
OPERATING EXPENSES:
Research and development	494,193	571,621	700,161	1,142,641
Selling and marketing	730,443	75,516	776,778	189,411
General and administrative	9,625,194	3,845,013	17,658,076	7,625,661
Total Operating Expenses	10,849,830	4,492,150	19,135,015	8,957,713
INCOME(LOSS) FROM OPERATIONS	(2,394,793)	1,999,313	(3,961,880)	3,904,483
OTHER INCOME(EXPENSE):
Interest income	785,152	722,843	1,565,333	1,313,323
Interest expense	(432,318)	(597,320)	(874,397)	(1,195,911)
Change in fair value of financial instruments	526,558	4,003,044	3,812,898	8,753,344
Government grants	1,503,384	92,863	1,697,857	92,863
Share of profit after tax of JV	4,918,633	251,167	96,163	720,523
Other income, net	286,790	82,207	309,177	106,054
Total other income, net	7,588,199	4,554,804	6,607,031	9,790,196
INCOME BEFORE INCOME TAXES	5,193,406	6,554,117	2,645,151	13,694,679
INCOME TAX BENEFIT (EXPENSE)	(2,400,226)	(1,128,615)	236,449	(2,137,524)
NET INCOME	2,793,180	5,425,502	2,881,600	11,557,155
OTHER COMPREHENSIVE INCOME(LOSS)
Foreign currency translation	(7,152,903)	448,032	(5,628,264)	941,243
COMPREHENSIVE INCOME(LOSS)	$ (4,359,723)	$ 5,873,534	$ (2,746,664)	$ 12,498,398
WEIGHTED AVERAGE SHARES OUTSTANDING BASIC	47,601,286	46,759,651	47,305,560	46,523,584
WEIGHTED AVERAGE SHARES OUTSTANDING DILUTED	47,601,286	46,896,809	47,311,584	46,800,156
NET INCOME PER SHARE, BASIC	$ 0.06	$ 0.12	$ 0.06	$ 0.25
NET INCOME PER SHARE, DILUTED	$ 0.06	$ 0.12	$ 0.06	$ 0.25

CONDENSED CONSOLIDATED STATEME5

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$ 2,881,600	$ 11,557,155
Adjustments to reconcile net income to net cash provided by operating activities
Depreciation and amortization	2,458,160	2,955,663
Deferred taxes	(4,645,415)	(153,916)
Change in fair value of financial instruments	(3,812,898)	(8,753,344)
Share of profit after tax of JV Company	(96,163)	(720,523)
Stock Compensation cost	15,134,658	5,482,808
(Increase) Decrease In:
Accounts receivable	(33,014,640)	(14,077,317)
Inventories	9,189,542	(12,122,839)
Other receivables and other assets	(9,424,711)	(58,055)
Due from employee	(56,998)	(9,250)
Prepayments and prepaid expenses	(12,953,797)	(143,163)
Amount due from JV Company	(49,198,396)	(50,224,378)
Increase (Decrease) In:
Accounts payable	38,423,919	54,732,723
Other payables and accrued liabilities	6,009,203	(1,716,848)
Customer deposits	154,168	106,563
Income Tax payable	3,363,489	506,321
Due from related party	29,188,707	0
Net cash used in operating activities	(6,399,572)	(12,638,400)
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchases of plant and equipment, net	(37,554)	(291,895)
Disposal of land use rights and other intangible assets	13,775	0
Purchases of construction in progress	(1,356,866)	(39,361)
Issuance of notes receivable	(42,626,834)	(5,588,283)
Repayment of notes receivable	49,275,627	4,145,502
Short Term Investment	1,602,698	0
Net cash provided by (used in) investing activities	6,870,846	(1,774,037)
CASH FLOWS FROM FINANCING ACTIVITIES:
Restricted cash	1,300,215	(9,937,929)
Proceeds from short-term bank loans	0	19,061,273
Repayments of short-term bank loans	0	(15,965,853)
Proceeds from notes payable	4,796,570	9,937,929
Repayment of notes payable	(3,824,162)	(5,716,427)
Warrant exercise	434,666	0
Net cash (used in) provided by financing activities	2,707,289	(2,621,007)
NET INCREASE IN CASH AND CASH EQUIVALENTS	3,178,563	(17,033,444)
Effect of exchange rate changes on cash	(383,266)	117,975
Cash and cash equivalents at beginning of year	16,738,559	26,379,460
CASH AND CASH EQUIVALENTS AT END OF PERIOD	19,533,856	9,463,991
SUPPLEMENTARY CASH FLOW INFORMATION
Income taxes paid	1,051,032	1,310,173
Interest paid	$ 877,496	$ 1,192,526

ORGANIZATION AND PRINCIPAL ACTI

ORGANIZATION AND PRINCIPAL ACTIVITIES	6 Months Ended
	Jun. 30, 2016
ORGANIZATION AND PRINCIPAL ACTIVITIES [Text Block]	NOTE 1 - ORGANIZATION AND PRINCIPAL ACTIVITIES Kandi Technologies Group, Inc. (“Kandi Technologies”) was incorporated under the laws of the State of Delaware on March 31, 2004. Kandi Technologies changed its name from Stone Mountain Resources, Inc. to Kandi Technologies, Corp. on August 13, 2007. On December 21, 2012, Kandi Technologies changed its name to Kandi Technologies Group, Inc. As used herein, the term the “Company” means Kandi Technologies and its operating subsidiaries, as described below. Headquartered in the Jinhua city, Zhejiang Province, China, the Company is one of China’s leading producers and manufacturers of electrical vehicle products, electrical vehicle parts and off road vehicles for sale in the People’s Republic of China (the “PRC”) and global markets. The Company conducts its primary business operations through its wholly-owned subsidiary, Zhejiang Kandi Vehicles Co., Ltd. (“Kandi Vehicles”), and the partial and wholly-owned subsidiaries of Kandi Vehicles. The Company’s organizational chart is as follows: **PLEASE REFER TO HTML FOR ORGANIZATIONAL CHART** Operating Subsidiaries: Pursuant to relevant agreements executed in January 2011, Kandi Vehicles is entitled to 100% of the economic benefits, voting rights and residual interests ( 100% profits and loss absorption rate) of Jinhua Kandi New Energy Vehicles Co., Ltd. (“Kandi New Energy”), a company in which Kandi Vehicles has 50% interest. Mr. Hu Xiaoming owns the other 50% which he entrusted Kandi Vehicles to manage Kandi New Energy. Kandi New Energy currently holds battery packing production rights (license), and supplies the battery pack to the JV Company (Defined below). It didn’t maintain the special-purpose vehicle production rights (license) on manufacturing Kandi brand electric utility vehicles. According to the JV Agreement (defined below)C Kandi is not allowed to produce EVs. To avoid the maintenance fee on this license, the Company anticipates to close the sale of the special-purpose vehicle production rights (license) to a third party. The Ministry of Industrial and Information Technology of the People’s Republic of China has approved this transaction and the transfer is in process. In April 2012, pursuant to a share exchange agreement, the Company acquired 100% of Yongkang Scrou Electric Co, Ltd. (“Yongkang Scrou”), a manufacturer of automobile and EV parts. Yongkang Scrou currently manufactures and sells EV drive motors, EV controllers, air conditioners and other electrical products to the JV Company (defined below). In March 2013, pursuant to a joint venture agreement (the “JV Agreement”) entered into by Kandi Vehicles and Shanghai Maple Guorun Automobile Co., Ltd. (“Shanghai Guorun”), a 99%-owned subsidiary of Geely Automobile Holdings Ltd. (“Geely”), the parties established Zhejiang Kandi Electric Vehicles Co., Ltd. (the “JV Company”) to develop, manufacture and sell EV products and related auto parts. Each of Kandi Vehicles and Shanghai Guorun has 50% ownership interest in the JV Company. In March 2014, the JV Company changed its name to Kandi Electric Vehicles Group Co., Ltd. At present, the JV Company is a holding company with products that are manufactured by its subsidiaries. For JV Company’s better development, Zhejiang Geely Holding Group, the parent company of Geely, recently entered into an agreement to buy the 50% equity of the JV Company held by Shanghai Guorun with a premium price, or a purchase price exceeding the cash amount of the aggregate of the original investment and the shared profits over the years. In March 2013, Kandi Vehicles formed Kandi Electric Vehicles (Changxing) Co., Ltd. (“Kandi Changxing”) in the Changxing (National) Economic and Technological Development Zone. Kandi Changxing is engaged in the production of EV products. In the fourth quarter of 2013, Kandi Vehicles entered into an ownership transfer agreement with the JV Company pursuant to which Kandi Vehicles transferred 100% of its ownership in Kandi Changxing to the JV Company. The Company, indirectly through its 50% ownership interest in the JV Company, has 50% economic interest in Kandi Changxing. In July 2013, Zhejiang ZuoZhongYou Electric Vehicle Service Co., Ltd. (the “Service Company”) was formed. The Service Company is engaged in various pure EV leasing businesses, which is called “Micro Public Transportation (“MPT”) program. The Company has 9.5% ownership interest in the Service Company through Kandi Vehicles. In November 2013, Zhejiang Kandi Electric Vehicles Jinhua Co., Ltd. (“Kandi Jinhua”) was formed by the JV Company. The JV Company has 100% ownership interest in Kandi Jinhua, and the Company, indirectly through its 50% ownership interest in the JV Company, has 50% economic interest in Kandi Jinhua. In November 2013, Zhejiang JiHeKang Electric Vehicle Sales Co., Ltd. (“JiHeKang”) was formed by the JV Company and is engaged in car sales business. The JV Company has 100% ownership interest in JiHeKang, and the Company, indirectly through its 50% ownership interest in the JV Company, has 50% economic interest in JiHeKang. In December 2013, the JV Company entered into an ownership transfer agreement with Shanghai Guorun pursuant to which the JV Company acquired 100% ownership of Kandi Electric Vehicles (Shanghai) Co., Ltd. (“Kandi Shanghai”). As a result, Kandi Shanghai is a wholly-owned subsidiary of the JV Company, and the Company, indirectly through its 50% ownership interest in the JV Company, has 50% economic interest in Kandi Shanghai. In January 2014, Zhejiang Kandi Electric Vehicles Jiangsu Co., Ltd. (“Kandi Jiangsu”) was formed by the JV Company. The JV Company has 100% ownership interest in Kandi Jiangsu, and the Company, indirectly through its 50% ownership interest in the JV Company, has 50% economic interest in Kandi Jiangsu. The company is mainly engaged in EV research and development, manufacturing and sales. In November 2015, Hangzhou Puma Investment Management Co., Ltd. (“Puma Investment”) was formed by the JV Company, which focuses on the investment and consulting service. The JV Company has 50% ownership interest in Puma Investment(the other 50% was owned by Zuozhongyou Electric Vehicles Service (Hangzhou) Co.,Ltd., a subsidiary of Service Company), and the Company, indirectly through its JV Company, has 25% economic interest in Puma Investment. The other 50% ownership is held by the Service Company. In November 2015, Hangzhou JiHeKang Electric Vehicle Service Co., Ltd. (“JiHeKang Service Company”) was formed by the JV Company, which focuses on the after-market service for the EV products sold. The JV Company has 100% ownership interest in JiHeKang Service Company, and the Company, indirectly through its JV Company, has 50% economic interest in JiHeKang Service Company. In January 2016, Kandi Electric Vehicles (Hainan) Co., Ltd. (“Kandi Hainan”) was renamed from Kandi Electric Vehicles (Wanning) Co., Ltd. (“Kandi Wanning”) which was originally formed in Wanning City of Hainan Province by Kandi Vehicles and Kandi New Energy in April 2013 and then was transferred to Haikou City in January 2016. Kandi Vehicles has 90% ownership in Kandi Hainan, and Kandi New Energy has the remaining 10% interest. However, Kandi Vehicles is, effectively, entitled to 100% of the economic benefits, voting rights and residual interests ( 100% profits and losses) of Kandi Hainan. The Company’s primary business operations are designing, development, manufacturing and commercialization of EV products, EV parts and off road vehicles. As part of its strategic objective to become a leading manufacturer of EV products (through the JV Company) and related services, the Company has increased its focus on pure EV related products with a particular emphasis on expanding its market share in China.

LIQUIDITY

LIQUIDITY	6 Months Ended
	Jun. 30, 2016
LIQUIDITY [Text Block]	NOTE 2 – LIQUIDITY The Company had a working capital surplus of $67,423,665 as of June 30, 2016, an increase of $7,506,512 from $59,917,153 as of December 31, 2015. As of June 30, 2016, the Company had credit lines from commercial banks of $35,810,260. The Company believes that its cash flows generated internally may not be sufficient to support the growth of future operations and to repay short-term bank loans for the next twelve (12) months. However, the Company believes its access to existing financing sources and established relationships with PRC banks will enable it to meet its obligations and fund its ongoing operations. The Company has historically financed its operations through short-term commercial bank loans from PRC banks. The term of these loans is typically for one year, and upon the payment of all outstanding principal and interest in a particular loan, the banks have typically rolled over the loan for an additional one-year term, with adjustments made to the interest rate to reflect prevailing market rates. The Company believes this practice has been ongoing year after year and that short-term bank loans remain available on normal trade terms if needed.

BASIS OF PRESENTATION

BASIS OF PRESENTATION	6 Months Ended
	Jun. 30, 2016
BASIS OF PRESENTATION [Text Block]	NOTE 3 - BASIS OF PRESENTATION The Company maintains its general ledger and journals with the accrual method accounting for financial reporting purposes. The financial statements and notes are representations of management. Accounting policies adopted by the Company conform to generally accepted accounting principles in the United States (“U.S. GAAP”) and have been consistently applied in the presentation of the Company’s financial statements. The financial information included herein for the three-month and six-month period ended June 30, 2016 and 2015 are unaudited; however, such information reflects all adjustments, consisting of normal recurring adjustments, that are, in the opinion of management, necessary for a fair presentation of the Company’s condensed consolidated financial statements for these interim periods. The results of operations for the three-month and six-month ended June 30, 2016 are not necessarily indicative of the results expected for the entire fiscal year ending December 31, 2016.

PRINCIPLES OF CONSOLIDATION

PRINCIPLES OF CONSOLIDATION	6 Months Ended
	Jun. 30, 2016
PRINCIPLES OF CONSOLIDATION [Text Block]	NOTE 4 – PRINCIPLES OF CONSOLIDATION The consolidated financial statements reflect the accounts of the Company and its ownership interest in the following subsidiaries: (i) Continental, a wholly-owned subsidiary of the Company; (ii) Kandi Vehicles, a wholly-owned subsidiary of Continental; (iii) Kandi New Energy, a 50% owned subsidiary of Kandi Vehicles, Mr Hu Xiaoming has owned the other 50% equity. Pursuant to relevant agreements executed in January 2011, Mr. Hu Xiaoming contracted Kandi Vehicles for the operation and management of Kandi New Energy and had his shares escrowed. As a result, Kandi Vehicles is entitled to 100% of the economic benefits, voting rights and residual interests of Kandi New Energy; (iv) Yongkang Scrou, a wholly-owned subsidiary of Kandi Vehicles; and (v) Kandi Hainan, a subsidiary, 10% owned by Kandi New Energy and 90% owned by Kandi Vehicles. Equity Method Investees The consolidated net income also includes the Company’s proportionate share of the net income or loss of its equity method investees as following: (vi) The JV Company, 50% owned subsidiary of Kandi Vehicles; (vii) Kandi Changxing, a wholly-owned subsidiary of the JV Company. The Company, indirectly through its 50% ownership interest in the JV Company, has 50% economic interest; (viii) Kandi Jinhua, a wholly-owned subsidiary of the JV Company. The Company, indirectly through its 50% ownership interest in the JV Company, has 50% economic interest; (ix) JiHeKang, a wholly-owned subsidiary of the JV Company. The Company, indirectly through its 50% ownership interest in the JV Company, has 50% economic interest; (x) Kandi Shanghai, a wholly-owned subsidiary of the JV Company. The Company, indirectly through its 50% ownership interest in the JV Company, has 50% economic interest; (xi) Kandi Jiangsu, a wholly-owned subsidiary of the JV Company. The Company, indirectly through its 50% ownership interest in the JV Company, has 50% economic interest; (xii) Puma Investment, a 50%-owned subsidiary of the JV Company. The Company, indirectly through its 50% ownership interest in the JV Company, has 25% economic interest; and (xiii) JiHeKang Service Company, a wholly-owned subsidiary of the JV Company. The Company, indirectly through its 50% ownership interest in the JV Company, has 50% economic interest. All intra-entity profits and losses with the Company’s equity method investees have been eliminated.

USE OF ESTIMATES

USE OF ESTIMATES	6 Months Ended
	Jun. 30, 2016
USE OF ESTIMATES [Text Block]	NOTE 5 – USE OF ESTIMATES The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the consolidated financial statements, and the reported amounts of revenue and expenses during the reporting period. Management makes these estimates using the best information available at the time the estimates are made; however actual results when ultimately realized could differ from those estimates.

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	6 Months Ended
	Jun. 30, 2016
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Text Block]	NOTE 6 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (a) Economic and Political Risks The Company’s operations are conducted in the PRC. As a result, the Company’s business, financial condition and results of operations may be influenced by the political, economic and legal environments in the PRC, and by the general state of the PRC economy. In addition, the Company’s earnings are subject to movements in foreign currency exchange rates when transactions are denominated in Renminbi (“RMB”), which is the Company’s functional currency. Accordingly, the Company’s operating results are affected by changes in the exchange rate between the U.S. dollar and the RMB. The Company’s operations in the PRC are subject to special considerations and significant risks not typically associated with companies in North America and Western Europe. These include risks associated with, among others, the political, economic and legal environment and foreign currency exchange. The Company’s performance may be adversely affected by changes in the political and social conditions in the PRC, and by changes in governmental policies with respect to laws and regulations, anti-inflationary measures, currency conversion, remittances abroad, and rates and methods of taxation, among other things. (b) Fair Value of Financial Instruments ASC 820 establishes a three-tier fair value hierarchy, which prioritizes the inputs used in measuring fair value. The hierarchy prioritizes the inputs into three levels based on the extent to which inputs used in measuring fair value are observable in the market. These tiers include: Level 1—defined as observable inputs such as quoted prices in active markets; Level 2—defined as inputs other than quoted prices in active markets that are either directly or indirectly observable; and Level 3—defined as unobservable inputs in which little or no market data exists, therefore requiring an entity to develop its own assumptions. The company’s financial instruments primarily consist of cash and cash equivalents, restricted cash, accounts receivable, notes receivable, other receivable, accounts payable, other payables and accrued liabilities, short-term bank loans, notes payable, and warrants. The carrying value of cash and cash equivalents, restricted cash, accounts receivable, notes receivable, other receivable, accounts payable, other payables and accrued liabilities and notes payable approximate fair value because of the short term nature of these items. The estimated fair values of short-term bank loans were not materially different from their carrying value as presented due to the short maturities and that the interest rates on the borrowing approximate those that would have been available for loans of similar remaining maturity and risk profile. As the carrying amounts are reasonable estimates of the fair value, these financial instruments are classified within Level 1 of the fair value hierarchy. The Company identified notes payable as a Level 2 instrument due to the fact that the inputs to the valuation are primarily based upon readily observable pricing information. The balance of notes payable, which was measured and disclosed at fair value, was $4,718,077 and $3,850,478 at June 30, 2016 and December 31, 2015, respectively. Warrants, which are accounted as liabilities, are treated as derivative instruments, and are measured at each reporting date for their fair value using Level 3 inputs. The fair value of warrants was $10,692 and $3,823,590 at June 30, 2016 and December 31, 2015, respectively. Also see Note 6(t). (c) Cash and Cash Equivalents The Company considers highly-liquid investments purchased with original maturities of three months or less to be cash equivalents. Restricted cash, as of June 30, 2016 and December 31, 2015, represented time deposits on account for earning interest income. As of June 30, 2016 and December 31, 2015, the Company’s restricted cash was $14,519,706 and $16,172,009, which includes a one-year Certificate of Time Deposit (CD) with Hangzhou Bank Jinhua Branch which will be matured as at September 29, 2016. (d) Inventories Inventories are stated at the lower of cost or net realizable value (market value). The cost of raw materials is determined on the basis of weighted average. The cost of finished goods is determined on the weighted average basis and comprises direct materials, direct labor and an appropriate proportion of overhead. Net realizable value is based on estimated selling prices less selling expenses and any further costs expected to be incurred for completion. Adjustments to reduce the cost of inventory to its net realizable value are made, if required, for estimated excess, obsolescence, or impaired balances. (e) Accounts Receivable Accounts receivable are recognized and carried at net realizable value. An allowance for doubtful accounts is recorded in periods in which the Company determines a loss is probable, based on its assessment of specific factors, such as troubled collections, historical experience, accounts aging, ongoing business relations and other factors. Accounts are written off after an exhaustive collection effort. If accounts receivable are to be provided for, or written off, they are recognized in the consolidated statement of operations within the operating expenses line item. As of June 30, 2016 and December 31, 2015, the Company had no allowance for doubtful accounts, as per the management’s judgment based on their best knowledge. As of June 30, 2016 and December 31, 2015, the credit terms with the Company’s customers were typically 150 to 180 days after delivery. (f) Notes receivable Notes receivable represent short-term loans to third parties with the maximum term of one year. Interest income will be recognized according to each agreement between a borrower and the Company on an accrual basis. If notes receivable are paid back or written off, that transaction will be recognized in the relevant year. If the loan default is probable, reasonably assured and the loss can be reasonably estimated, the Company will recognize income if the written-off loan is recovered at a future date. In case of any foreclosure proceedings or legal actions being taken, the Company provides an accrual for the related foreclosure expenses and related litigation expenses. The Company also receives notes receivable from the JV Company to settle the accounts receivable. If the company wants to discount the notes receivables, the current discount rate is 3.06% annually. As at the end of June 30, 2016, the Company had notes receivables for 6,192,424, including 4,128,261 within 3 months matured and 2,064,163 over 3 months. (g) Prepayments Prepayments represent cash paid in advance to suppliers, which also includes advances to raw material suppliers, mold manufacturers, and suppliers of equipment. As of December 31, 2013, the Company recorded a significant prepayment made by the Company to a supplier Nanjing Shangtong (as defined in Note 16) as an advance of RMB353 million ($53,113,537) and prepaid by Kandi Wanning (renamed to Kandi Hainan in January 2016) to Nanjing Shangtong. As of June 30, 2016, the advance payment related with Kandi Hainan facility construction to Nanjing Shangtong was transferred to “construction-in-progress” as described in Note 16. In June 2016, Kandi Hainan made another prepayment of $10,532,429 to Nanjing Shangtong for the design and research of new EVs, which was booked under “prepayments”. It will be capitalized when the related intangible assets are built up in the future. Advances for raw materials purchases typically are settled within two months by the Company’s receipt of raw materials. Prepayment is offset against purchase amount after equipment or materials are delivered. (h) Property, Plant and Equipment Property, Plant and equipment are carried at cost less accumulated depreciation. Depreciation is provided over the assets estimated useful lives, using the straight-line method. Leasehold improvements are amortized over the life of the asset or the term of the lease, whichever is shorter. Estimated useful lives are as follows: Buildings 30 years Machinery and equipment 10 years Office equipment 5 years Motor vehicles 5 years Molds 5 years The cost and related accumulated depreciation of assets sold or otherwise retired are eliminated from the accounts and any gain or loss is included in the statement of income. The cost of maintenance and repairs is charged to expense as incurred, whereas significant renewals and betterments are capitalized. (i) Construction in Progress Construction in progress (“CIP”) represents the direct costs of construction, the acquisition cost of buildings or machinery and design fees. Capitalization of these costs ceases, and the construction in progress is transferred to plant and equipment, when substantially all the activities necessary to prepare the assets for their intended use are completed. No depreciation is provided until the assets are completed and ready for their intended use. No interest expense has been capitalized for CIP as of June 30, 2016, as the Company did not get loans for CIP. (j) Land Use Rights According to Chinese laws, land in the PRC is owned by the government and land ownership rights cannot be sold to an individual or to a private company. However, the government grants the user a “land use right” to use the land. The land use rights granted to the Company are being amortized using the straight-line method over a term of fifty years. (k) Accounting for the Impairment of Long-Lived Assets The Company periodically evaluates the carrying value of long-lived assets to be held and used, including intangible assets subject to amortization, when events and circumstances warrant such a review, pursuant to the guidelines established in Statement of Financial Accounting Standards (“SFAS”) No. 144 (now known as “ASC 360”). The carrying value of a long-lived asset is considered impaired when the anticipated undiscounted cash flow from such asset is separately identifiable and is less than its carrying value. In that event, a loss is recognized based on the amount by which the carrying value exceeds the fair market value of the long-lived asset. Fair market value is determined primarily using the anticipated cash flows discounted at a rate commensurate with the risk involved. Losses on long-lived assets to be disposed of are determined in a similar manner, except that fair market values are reduced for the cost to dispose. During the reporting period, no impairment loss was recognized. (l) Revenue Recognition Revenue represents the invoiced value of goods sold. Revenue is recognized when the Company ships the goods to its customers and all of the following criteria are met: • Persuasive evidence of an arrangement exists; • Delivery has occurred or services have been rendered; • The seller’s price to the buyer is fixed or determinable; and • Collectability is reasonably assured. The Company recognized revenue when the products and the risk they carry are transferred to the other party. (m) Research and Development Expenditures relating to the development of new products and processes, including significant improvements to existing products, are expensed as incurred. Research and development expenses were $494,193 and $571,621 for the three months ended June 30, 2016 and 2015, respectively. Research and development expenses were $700,161 and $1,142,641 for the six months ended June 30, 2016 and 2015, respectively. (n) Government Grants Grants and subsidies received from the PRC Government are recognized when the proceeds are received or collectible. For the three months ended June 30, 2016 and 2015, $1,503,384 and $92,863 grants were received by the Company’s subsidiaries from the PRC government. For the six months ended June 30, 2016 and 2015, $1,697,857 and $92,863 grants were received by the Company’s subsidiaries from the PRC government. (o) Income Taxes The Company accounts for income tax using an asset and liability approach, which allows for the recognition of deferred tax benefits in future years. Under the asset and liability approach, deferred taxes are provided for the net tax effects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes. The accounting for deferred tax calculation represents the management’s best estimate on the most likely future tax consequences of events that have been recognized in our financial statements or tax returns and related future anticipation. A valuation allowance is provided for deferred tax assets if it is more likely than not these items will either expire before the Company is able to realize their benefits, or that future realization is uncertain. (p) Foreign Currency Translation The accompanying consolidated financial statements are presented in United States dollars. The functional currency of the Company is the Renminbi (RMB). Capital accounts of the consolidated financial statements are translated into United States dollars from RMB at their historical exchange rates when the capital transactions occurred. Assets and liabilities are translated at the exchange rates as of balance sheet date. Income and expenditures are translated at the average exchange rate of the reporting period, which rates are obtained from the website: http://www.oanda.com June 30, December 31, June 30, 2016 2015 2015 Period end RMB : USD exchange rate 6.64614 6.49270 6.12880 Average RMB : USD exchange rate 6.53738 6.24010 6.13810 (q) Comprehensive Income Comprehensive income is defined to include all changes in equity except those resulting from investments by owners and distributions to owners. Among other disclosures, all items that are required to be recognized under current accounting standards as components of comprehensive income are required to be reported in a financial statement that is presented with the same prominence as other financial statements. Comprehensive income includes net income and the foreign currency translation changes. (r) Segments In accordance with ASC 280-10, Segment Reporting (s) Stock Option Expenses The Company’s stock option expenses are recorded in accordance with ASC 718 and ASC 505. The fair value of stock options is estimated using the Black-Scholes-Merton model. The Company’s expected volatility assumption is based on the historical volatility of the Company’s common stock. The expected life assumption is primarily based on the expiration date of the option. The risk-free interest rate for the expected term of the option is based on the U.S. Treasury yield curve in effect at the time of grant. The recognition of the stock option expenses is based on awards expected to vest, and there were no estimated forfeitures. ASC standards require forfeitures to be estimated at the time of grant and revised in subsequent periods, if necessary, if actual forfeitures differ from those estimates. The stock-based option expenses for the three months ended June 30, 2016 and 2015 were $4,998,817 and $2,036,555, respectively. The stock-based option expenses for the six months ended June 30, 2016 and 2015 were $11,108,483 and $2,036,555, respectively. See Note 20. (t) Warrant Costs The Company’s warrant costs are recorded in liabilities in accordance with ASC 480, ASC 505 and ASC 815. We adopted the binomial tree valuation approach to estimate the fair value of the warrants. In binomial tree valuation approach, it is assumed that the life of the warrant (from Valuation Date to Expiration Date) is typically divided into many steps (or nodes). In each step there is a binomial stock price movement. With more steps, possible stock price paths are implicitly considered. Valuation of warrant is performed iteratively, starting at each of the final nodes (those that may be reached at the time of expiration), and then working backwards through the tree towards the first node (valuation date). The value computed at each stage is the value of the warrant at that point in time. (u) Goodwill The Company allocates goodwill from business combinations to reporting units based on the expectation that the reporting unit is to benefit from the business combination. The Company evaluates its reporting units on an annual basis and, if necessary, reassigns goodwill using a relative fair value allocation approach. Goodwill is tested for impairment at the reporting unit level on an annual basis and between annual tests if an event occurs or circumstances change that would more likely than not reduce the fair value of a reporting unit below its carrying value. These events or circumstances could include a significant change in the business climate, legal factors, operating performance indicators, competition, or sale or disposition of a significant portion of a reporting unit. Application of the goodwill impairment test requires judgments, including the identification of reporting units, assignment of assets and liabilities to reporting units, assignment of goodwill to reporting units, and the determination of the fair value of each reporting unit. The Company first assesses qualitative factors to determine whether it is more likely than not that goodwill is impaired. If the more likely than not threshold is met, the Company performs a quantitative impairment test. As of June 30, 2016, the Company determined that its goodwill was not impaired. (v) Intangible assets Intangible assets consist of trade names and customer relations associated with the purchase price from the allocation of Yongkang Scrou. Such assets are being amortized over their estimated useful lives of 9.7 years. Intangible assets were amortized as of June 30, 2016. (w) Accounting for Sale of Common Stock and Warrants Gross proceeds are firstly allocated according to the initial fair value of the freestanding derivative instruments (i.e. the warrants issued to the Company’s investors in its previous offerings, or the “Investor Warrants”). The remaining proceeds are allocated to common stock. The related issuance expenses, including the placement agent cash fees, legal fees, the initial fair value of the warrants issued to the placement agent and others were allocated between the common stock and the Investor Warrants based on how the proceeds are allocated to these instruments. Expenses related to the issuance of common stock were charged to paid-in capital. Expenses related to the issuance of derivative instruments were expensed upon issuance. (x) Consolidation of variable interest entities In accordance with accounting standards regarding consolidation of variable interest entities, VIEs are generally entities that lack sufficient equity to finance their activities without additional financial support from other parties or whose equity holders lack adequate decision making ability. All VIEs with which the Company is involved must be evaluated to determine the primary beneficiary of the risks and rewards of the VIE. The primary beneficiary is required to consolidate the VIE for financial reporting purposes. The Company has concluded, based on the contractual arrangements, that Kandi New Energy is a VIE and that the Company’s wholly-owned subsidiary, Kandi Vehicles, absorbs a majority of the risk of loss from the activities of these companies, thereby enabling the Company, through Kandi Vehicles, to receive a majority of their respective expected residual returns. Additionally, as Kandi New Energy is under common control with other entities, the consolidated financial statements have been prepared as if the transactions had occurred retroactively as to the beginning of the reporting period of these consolidated financial statements. Control and common control are defined under the accounting standards as “an individual, enterprise, or immediate family members who hold more than 50 percent of the voting ownership interest of each entity.” Because the owners collectively own 100% of Kandi New Energy, and have agreed to vote their interests in concert since the establishment of each of these three companies as memorialized the Voting Rights Proxy Agreement, the Company believes that the owners collectively have control and common control of the company. Accordingly, the Company believes that Kandi New Energy was constructively held under common control by Kandi Vehicles as of the time the Contractual Agreements were entered into, establishing Kandi Vehicles as their primary beneficiary. Kandi Vehicles, in turn, is owned by Continental, which is owned by the Company.

NEW ACCOUNTING PRONOUNCEMENTS

NEW ACCOUNTING PRONOUNCEMENTS	6 Months Ended
	Jun. 30, 2016
NEW ACCOUNTING PRONOUNCEMENTS [Text Block]	NOTE 7 – NEW ACCOUNTING PRONOUNCEMENTS Recent accounting pronouncements that the Company has adopted or may be required to adopt in the future are summarized below. In March 2016, the FASB has issued Accounting Standards Update (“ASU”)No. 2016-07 “Topic 323, Investments—Equity Method and Joint Ventures: Simplifying the Transition to the Equity Method of Accounting,” which aims to identify, evaluate, and improve areas of generally accepted accounting principles (GAAP) for which cost and complexity can be reduced while maintaining or improving the usefulness of the information provided to users of financial statements. The amendments in this Update affect all entities that have an investment that becomes qualified for the equity method of accounting as a result of an increase in the level of ownership interest or degree of influence. The amendments in this Update are effective for all entities for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2016. The amendments should be applied prospectively upon their effective date to increases in the level of ownership interest or degree of influence that result in the adoption of the equity method. Earlier application is permitted. We are currently in the process of evaluating the impact of the adoption of ASU 2016-07 on our consolidated financial statements. In March 2016, the FASB has issued ASU No. 2016-08 “Topic 606, Revenue from Contracts with Customers: Principal versus Agent Considerations (Reporting Revenue Gross versus Net),” which requires the entity to determine whether the nature of its promise is to provide good or service to the customer (that is, the entity is a principal) or to arrange for the good or service to be provided to the customer by the other party (that is, the entity is an agent). This determination is based upon whether the entity controls the good or the service before it is transferred to the customer. The amendments in this Update affect entities with transactions included within the scope of Topic 606. The core principle of the guidance in Topic 606 is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The amendments in this Update affect the guidance in Accounting Standards Update 2014-09, Revenue from Contracts with Customers (Topic 606), which is not yet effective. The effective date and transition requirements for the amendments in this Update are the same as the effective date and transition requirements of Update 2014-09. Accounting Standards Update No. 2015-14, Revenue from Contracts with Customers (Topic 606): Deferral of the Effective Date, defers the effective date of Update 2014-09 by one year. We are currently in the process of evaluating the impact of the adoption of ASU 2016-08 on our consolidated financial statements. In April 2016, the FASB has issued ASU No. 2016-09 “Topic 718, Compensation—Stock Compensation: Improvements to Employee Share-Based Payment Accounting,” which aims to identify, evaluate, and improve areas of generally accepted accounting principles (GAAP) for which cost and complexity can be reduced while maintaining or improving the usefulness of the information provided to users of financial statements. The amendments in this Update affect all entities that issue share-based payment awards to their employees. The areas for simplification in this Update involve several aspects of the accounting for share-based payment transactions, including the income tax consequences, classification of awards as either equity or liabilities, and classification on the statement of cash flows. The amendments eliminate the guidance in Topic 718 that was indefinitely deferred shortly after the issuance of FASB Statement No. 123 (revised 2004), Share-Based Payment. For public business entities, the amendments in this Update are effective for annual periods beginning after December 15, 2016, and interim periods within those annual periods. For all other entities, the amendments are effective for annual periods beginning after December 15, 2017, and interim periods within annual periods beginning after December 15, 2018. Early adoption is permitted for any entity in any interim or annual period. We are currently evaluating the impact of the adoption of ASU 2016-09 on our consolidated financial statements. In April 2016, the FASB has issued ASU No. 2016-10 “Topic 606, Revenue from Contracts with Customers: Identifying Performance Obligations and Licensing.” The amendments in this Update do not change the core principle of the guidance in Topic 606. Rather, the amendments in this Update clarify the following two aspects of Topic 606: identifying performance obligations and the licensing implementation guidance, while retaining the related principles for those areas. The amendments in this Update clarify that contractual provisions that, explicitly or implicitly, require an entity to transfer control of additional goods or services to a customer (for example, by requiring the entity to transfer control of additional rights to use or rights to access intellectual property that the customer does not already control) should be distinguished from contractual provisions that, explicitly or implicitly, define the attributes of a single promised license (for example, restrictions of time, geographical region, or use). The amendments in this Update affect the guidance in Accounting Standards Update 2014-09, Revenue from Contracts with Customers (Topic 606), which is not yet effective. We are currently in the process of evaluating the impact of the adoption of ASU 2016-10 on our consolidated financial statements. In May 2016, the FASB has issued ASU No. 2016-12 “Topic 606, Revenue from Contracts with Customers: Narrow-Scope Improvements and Practical Expedients”. The amendments in this Update add a project to its technical agenda to improve Topic 606, Revenue from Contracts with Customers, by reducing: 1. the potential for diversity in practice at initial application; 2. the cost and complexity of applying Topic 606 both at transition and on an ongoing basis. The amendments in this Update affect entities with transactions included within the scope of Topic 606. The amendments in this Update affect the guidance in Accounting Standards Update No. 2014-09, Revenue from Contracts with Customers (Topic 606), which is not yet effective. The effective date and transition requirements for the amendments in this Update are the same as the effective date and transition requirements for Topic 606 (and any other Topic amended by Update 2014-09). We are currently in the process of evaluating the impact of the adoption of ASU 2016-12 on our consolidated financial statements. In June 2016, the FASB has issued ASU No. 2016-13 “Topic 326, Financial Instruments—Credit Losses: Measurement of Credit Losses on Financial Instruments”. The amendments in this Update provide financial statement users with more decision-useful information about the expected credit losses on financial instruments and other commitments to extend credit held by a reporting entity at each reporting date. To achieve this objective, the amendments in this Update replace the incurred loss impairment methodology in current GAAP with a methodology that reflects expected credit losses and requires consideration of a broader range of reasonable and supportable information to inform credit loss estimates. The amendments affect entities holding financial assets and net investment in leases that are not accounted for at fair value through net income. The amendments in this Update affect an entity to varying degrees depending on the credit quality of the assets held by the entity, their duration, and how the entity applies current GAAP. For public business entities that are U.S. Securities and Exchange Commission (SEC) filers, the amendments in this Update are effective for fiscal years beginning after December 15, 2019, including interim periods within those fiscal years. For all other public business entities, the amendments in this Update are effective for fiscal years beginning after December 15, 2020, including interim periods within those fiscal years. For all other entities, including not-for-profit entities and employee benefit plans within the scope of Topics 960 through 965 on plan accounting, the amendments in this Update are effective for fiscal years beginning after December 15, 2020, and interim periods within fiscal years beginning after December 15, 2021. We do not expect the adoption of ASU 2016-13 to have a material impact on our consolidated financial statements. Other accounting standards that have been issued or proposed by the FASB or other standards-setting bodies that do not require adoption until a future date are not expected to have a material impact on the Company’s consolidated financial statements upon adoption.

CONCENTRATIONS

CONCENTRATIONS	6 Months Ended
	Jun. 30, 2016
CONCENTRATIONS [Text Block]	NOTE 8 – CONCENTRATIONS (a) Customers For the six-month period ended June 30, 2016, the Company’s major customers, each of whom accounted for more than 10% of the Company’s consolidated revenue, were as follows: Sales Accounts Receivable Six Months Six Months Ended Ended June 30 June 30 June 30 December 31 Major Customers 2016 2015 2016 2015 Kandi Electric Vehicles Group Co., Ltd. 52% - 46% 46% Jinhua Chaoneng Automobile Sales Co. Ltd. 33% - 23% - For the three-month period ended June 30, 2016, the Company’s major customers, each of whom accounted for more than 10% of the Company’s consolidated revenue, were as follows: Sales Accounts Receivable Three Months Three Months Ended Ended June 30 June 30 June 30 December 31 Major Customers 2016 2015 2016 2015 Kandi Electric Vehicles Group Co., Ltd. 76% - 46% 46% Jinhua Chaoneng Automobile Sales Co. Ltd. 10% - 23% - (b) Suppliers For the six-month period ended June 30, 2016, the Company’s material suppliers, each of whom accounted for more than 10% of the Company’s total purchases, were as follows: Purchases Accounts Payable Six Months Six Months Ended Ended June 30 December 31 June 30 June 30 Major Suppliers 2016 2015 2016 2015 Dongguan Chuangming Battery Technology Co., Ltd. 47% 12% 26% 15% Zhejiang Tianneng Energy Technology Co., Ltd. 22% 21% 19% 24% Jinhua Ankao Electric Technology Co., Ltd. 10% - 8% - For the three-month period ended June 30, 2016, the Company’s material suppliers, each of whom accounted for more than 10% of the Company’s total purchases, were as follows: Purchase Accounts Payable Three Months Three Months June 30 June 30 June 30 December 31 Major Suppliers 2016 2015 2016 2015 Dongguan Chuangming Battery Technology Co., Ltd. 47% 14% 26% 15% Jinhua Ankao Electric Technology Co., Ltd. 14% - 8% - Zhejiang Tianneng Energy Technology Co., Ltd. 12% - 19% 24%

EARNINGS PER SHARE

EARNINGS PER SHARE	6 Months Ended
	Jun. 30, 2016
EARNINGS PER SHARE [Text Block]	NOTE 9 –EARNINGS PER SHARE The Company calculates earnings per share in accordance with ASC 260, Earnings Per Share The following is the calculation of earnings per share for the six-month periods ended June 30, 2016 and 2015: For six months ended June 30, 2016 2015 Net income $ 2,881,600 $ 11,557,155 Weighted average shares used in basic computation 47,305,560 46,523,584 Dilutive shares 6,024 276,572 Weighted average shares used in diluted computation 47,311,584 46,800,156 Earnings per share: Basic $ 0.06 $ 0.25 Diluted $ 0.06 $ 0.25 The following is the calculation of earnings per share for the three-month periods ended June 30, 2016 and 2015: For three months ended June 30, 2016 2015 Net income $ 2,793,180 $ 5,425,502 Weighted average shares used in basic computation 47,601,286 46,759,651 Dilutive shares - 137,158 Weighted average shares used in diluted computation 47,601,286 46,896,809 Earnings per share: Basic $ 0.06 $ 0.12 Diluted $ 0.06 $ 0.12

ACCOUNTS RECEIVABLE

ACCOUNTS RECEIVABLE	6 Months Ended
	Jun. 30, 2016
ACCOUNTS RECEIVABLE [Text Block]	NOTE 10 - ACCOUNTS RECEIVABLE Accounts receivable are summarized as follows: June 30, December 31, 2016 2015 Accounts receivable $ 40,422,951 $ 8,136,421 Less: Provision for doubtful debts - - Accounts receivable, net $ 40,422,951 $ 8,136,421

INVENTORIES

INVENTORIES	6 Months Ended
	Jun. 30, 2016
INVENTORIES [Text Block]	NOTE 11 - INVENTORIES Inventories are summarized as follows: June 30, December 31, 2016 2015 Raw material $ 5,363,410 $ 8,509,421 Work-in-progress 787,157 1,648,498 Finished goods 2,648,292 8,101,661 Total inventories 8,798,859 18,259,580 Less: provision for slowing moving inventories (474,683 ) (485,901 ) Inventories, net $ 8,324,176 $ 17,773,679

NOTES RECEIVABLE

NOTES RECEIVABLE	6 Months Ended
	Jun. 30, 2016
NOTES RECEIVABLE [Text Block]	NOTE 12 - NOTES RECEIVABLE Notes receivable are summarized as follows: June 30, December 31, 2016 2015 Notes receivable as below: Due September 30, 2016, interest at 7.2% per annum $ 5,461,624 $ 10,578,574 Bank acceptance notes 730,800 2,454,741 Notes receivable $ 6,192,424 $ 13,033,315 Details of Notes Receivable as of June 30, 2016 are as below: Manner of Index Amount ($) Counter party Relationship Nature settlement 1 5,461,624 Yongkang HuiFeng No relationship Receive interest Not due 2 300,927 Kandi Changxing Subsidiary of the JV Payments for Not due 3 429,874 Hohhot Xinhui Hengtong No relationship Payments for Not due Details of Notes Receivable as of December 31, 2015 are as below: Index Amount ($) Counter party Relationship Nature Manner of settlement 1 10,578,574 Yongkang HuiFeng No relationship beyond Receive interest Not due 2 1,871,332 Kandi Electric Joint venture of the Payments for sales Not due 3 59,744 Kandi Shanghai Subsidiary of the JV Payments for sales Not due 4 523,665 Zhuhai Enpower No relationship beyond Payments for sales Not due

PROPERTY, PLANT AND EQUIPMENT

PROPERTY, PLANT AND EQUIPMENT	6 Months Ended
	Jun. 30, 2016
PROPERTY, PLANT AND EQUIPMENT [Text Block]	NOTE 13 – PROPERTY, PLANT AND EQUIPMENT Plant and equipment consisted of the following: June 30, December 31, 2016 2015 At cost: Buildings $ 13,562,688 $ 13,883,211 Machinery and equipment 7,534,141 7,804,097 Office equipment 479,883 395,328 Motor vehicles 327,487 335,227 Moulds 32,171,443 32,931,740 54,075,642 55,349,603 Less : Accumulated depreciation Buildings $ (3,897,932 ) $ (3,755,582 ) Machinery and equipment (6,995,127 ) (7,108,925 ) Office equipment (242,463 ) (249,378 ) Motor vehicles (276,929 ) (271,495 ) Moulds (24,748,739 ) (23,385,363 ) (36,161,190 ) (34,770,743 ) Less: provision for impairment for fixed assets (52,492 ) (53,734 ) Plant and equipment, net $ 17,861,960 $ 20,525,126 As of June 30, 2016 and December 31, 2015, the net book value of plant and equipment pledged as collateral for bank loans was $9,497,645 and $9,949,661, respectively. Depreciation expenses for the six months ended June 30, 2016 and 2015, was $2,263,277 and $2,719,388, respectively. Depreciation expenses for the three months ended June 30, 2016 and 2015, was $1,130,545 and $1,357,907, respectively.

LAND USE RIGHTS

LAND USE RIGHTS	6 Months Ended
	Jun. 30, 2016
LAND USE RIGHTS [Text Block]	NOTE 14 – LAND USE RIGHTS The Company’s land use rights consisted of the following: June 30, December 31, 2016 2015 Cost of land use rights $ 14,924,256 $ 15,276,957 Less: Accumulated amortization (2,452,638 ) (2,341,836 ) Land use rights, net $ 12,471,618 $ 12,935,121 As of June 30, 2016 and December 31, 2015, the net book value of land use rights pledged as collateral for the Company’s bank loans was $9,173,333 and $9,512,598, respectively. Also see Note 17. The amortization expense for the six months ended June 30, 2016 and 2015 was $153,836 and $195,227, respectively. The amortization expense for the three months ended June 30, 2016 and 2015 was $83,849 and $97,848, respectively. Amortization expense for the next five years and thereafter is as follows: 2016 (six months ) $ 153,836 2017 307,672 2018 307,672 2019 307,672 2020 307,672 Thereafter 11,087,094 Total $ 12,471,618

CONSTRUCTION-IN-PROGRESS

CONSTRUCTION-IN-PROGRESS	6 Months Ended
	Jun. 30, 2016
CONSTRUCTION-IN-PROGRESS [Text Block]	NOTE 15 - CONSTRUCTION-IN-PROGRESS As of June 30, 2016, a total amount of advances to a supplier of RMB353,000,000, or $53,113,537, made by Kandi Hainan to Nanjing Shangtong Auto Technologies Co., Ltd. (“Nanjing Shangtong”) for equipment purchases was included in Construction in Process (“CIP”). None of the CIP was transferred to property, plant and equipment as of June 30, 2016. Because the government of Hainan Province is enforcing a new plan to centralize the manufacturing in designated industry park, the Wanning facility will be relocated from Wanning City to Haikou City. In addition, all related expenses and assets disposal caused by the relocation were compensated by the local government. Currently Hainan facility is under construction. It is expected to be completed for production testing in the middle of 2017. No depreciation is provided for CIP until such time as the facility is completed and placed into operation. The contractual obligation under CIP of the Company as of June 30, 2016 is as follow: Total in CIP as of Project June 30, Contracted but Total contract Kandi Hainan facility $ 54,448,198 $ 6,319,458 $ 60,767,655 Total $ 54,448,198 $ 6,319,458 $ 60,767,655 As of June 30, 2016 and December 31, 2015, the Company had CIP amounting to $54,448,198 and $54,368,753, respectively. No interest expense has been capitalized for CIP as of June 30, 2016 and 2015, respectively, as the Company did not get loans for CIP.

SHORT TERM BANK LOANS

SHORT TERM BANK LOANS	6 Months Ended
	Jun. 30, 2016
SHORT TERM BANK LOANS [Text Block]	NOTE 16 – SHORT TERM BANK LOANS Short-term loans are summarized as follows: June 30, December 31, 2016 2015 Loans from China Ever-bright Bank Interest rate 4.698% per annum, due October 28, 2016, secured by the assets of the Company, guaranteed by Mr. Hu Xiaoming and his wife. 11,736,136 12,013,492 Loans from Hangzhou Bank Interest rate 4.60% per annum, due October 13, 2016, secured by the assets of the Company. Also see Note 14 and Note 15. 7,342,608 7,516,134 Interest rate 4.82% per annum, due July 2, 2016 and extended to July 3, 2017, secured by the assets of the Company. Also see Note 14 and Note 15. 7,523,164 7,700,956 Interest rate 4.85% per annum, due July 12, 2016 and extended to July 3, 2017, secured by the assets of the Company. Also see Note 14 and Note 15. 3,340,285 3,419,225 Interest rate 4.35% per annum, due March 23, 2017, secured by the assets of the Company. Also see Note 14 and Note 15. 5,868,068 - Interest rate 5.35% per annum, paid off on March 22, 2016, secured by the assets of the Company. Also see Note 14 and Note 15. - 6,006,746 $ 35,810,260 36,656,553 The interest expenses for the six months ended June 30, 2016 and 2015 were $874,397 and $1,195,911, respectively. The interest expenses for the three months ended June 30, 2016 and 2015 were $432,318 and $597,320, respectively. As of June 30, 2016, the aggregate amount of short-term loans that was guaranteed by various third parties was $0.

NOTES PAYABLE

NOTES PAYABLE	6 Months Ended
	Jun. 30, 2016
NOTES PAYABLE [Text Block]	NOTE 17 – NOTES PAYABLE By issuing bank notes payables rather than paying cash to suppliers, the Company can defer the payments until the date the bank notes payable are due. Simultaneously, the Company may need to deposit restricted cash in banks to back up the bank notes payable. The restricted cash deposited in banks will generate interest income. Notes payable for June 30, 2016 and December 31, 2015 were summarized as follows: December June 30, 31, 2016 2015 Bank acceptance notes: Due May 12, 2016 $ - $ 2,310,287 Due June 17, 2016 - 1,540,191 Due July 6, 2016 1,504,633 - Due July 14, 2016 225,695 - Due August 23, 2016 150,463 - Due September 30, 2016 150,463 - Due November 16, 2016 2,256,949 - Due December 23, 2016 429,874 - Total $ 4,718,077 $ 3,850,478 A bank acceptance note is a promised future payment or time draft, which is accepted and guaranteed by a bank and drawn on a deposit at the bank. The banker's acceptance specifies the amount of money, the date, and the person to which the payment is due. After acceptance, the draft becomes an unconditional liability of the bank, but the holder of the draft can sell (exchange) it for cash at a discount to a buyer who is willing to wait until the maturity date for the funds in the deposit. $4,718,077 and $3,850,478 were held as collateral for the notes payable as of June 30, 2016 and December 31, 2015, respectively.

TAXES

TAXES	6 Months Ended
	Jun. 30, 2016
TAXES [Text Block]	NOTE 18 – TAXES (a) Corporation Income Tax In accordance with the relevant tax laws and regulations of the PRC, the applicable corporate income tax (“CIT”) rate for Kandi’s subsidiaries are as below: Company Name Applicable Corporate Income Tax Kandi Vehicles 15% Kandi New Energy 25% Yongkang Scruo 25% Kandi Hainan 25% JV Company 25% The Company, qualified as a high technology company in China, was entitled to pay a reduced CIT rate of 15%. After combining with the research and development tax credit of 25% on certain qualified research and development expenses, the final effective reduced income tax rate was 16.60% . The combined tax benefits were 49.58% . The actual effective income tax rate was reduced from 25% to 12.60% in the second quarter of 2016. According to the PRC CIT reporting system, the CIT sales cut-off base is concurrent with the value-added tax (“VAT”), which should reported to the State Administration of Taxation (“SAT”) on a quarterly basis. Since the VAT and CIT are accounted for on a VAT tax basis that recorded all sales on a “State provided official invoices” reporting system, the Company is reporting the CIT according to the SAT prescribed tax reporting rules. Under the VAT tax reporting system, sales cut-off is not done on an accrual basis but rather on a VAT taxable reporting basis. Therefore, when the Company adopted U.S. GAAP using an accrual basis, the sales cut-off CIT timing (due to the VAT reporting system) creates a temporary sales cut-off timing difference. This difference is reflected in the deferred tax assets or liabilities calculations on the income tax estimate reported elsewhere on the report. Effective January 1, 2007, the Company adopted ASC 740, Income Taxes. The interpretation addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under ASC 740, the Company may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position. The tax benefits recognized in the financial statements from such a position should be measured based on the largest benefit that has a greater than fifty percent likelihood of being realized upon ultimate settlement. ASC 740 also provides guidance on de-recognition, classification, interest and penalties on income taxes, accounting in interim periods and requires increased disclosures. As of June 30, 2016, the Company did not have a liability for unrecognized tax benefits. The Company files income tax returns to the U.S. Internal Revenue Services (“IRS”) and states where the Company has operations. The Company is subject to U.S. federal or state income tax examinations by the IRS and relevant state tax authorities for years after 2006. During the periods open to examination, the Company has net operating loss carry forwards (“NOLs”) for U.S. federal and state tax purposes that have attributes from closed periods. Since these NOLs may be utilized in future periods, they remain subject to examination. The Company also files certain tax returns in China. As of June 30, 2016, the Company was not aware of any pending income tax examinations by U.S. and China tax authorities. The Company's policy is to record interest and penalties on uncertain tax provisions as income tax expense. As of June 30, 2016, the Company has no accrued interest or penalties related to uncertain tax positions. The Company has not recorded a provision for U.S. federal income tax f as of June 30, 2016 due to the net operating loss in 2016 and an accumulated net operating loss carry forward from prior years in the United States. Income tax expense (benefit) for the six months ended June 30, 2016 and 2015 is summarized as follows: For Six Months Ended June 30, (Unaudited) 2016 2015 Current: Provision for CIT $ 4,408,966 $ 2,137,524 Provision for Federal Income Tax - - Deferred: Provision for CIT (4,645,415) - Income tax expense (benefit) $ (236,449 ) $ 2,137,524 The Company’s income tax benefit (expense) differs from the “expected” tax expense for the six months ended June 30, 2016 and 2015 (computed by applying the U.S. Federal Income Tax rate of 34% and PRC CIT rate of 25%, respectively, to income before income taxes) as follows: For Six Months Ended June 30, (Unaudited) 2016 2015 Computed “expected” expense $ (4,690,864 ) $ 2,021,518 Favorable tax rate (209,878 ) (1,660,950 ) Permanent differences 101,508 161,304 Valuation allowance 4,562,785 1,615,652 Income tax expense (benefit) $ (236,449 ) $ 2,137,524 The tax effects of temporary differences that give rise to the Company’s net deferred tax assets and liabilities as of June 30, 2016 and December 31, 2015 are summarized as follows: June 30 December 31 2016 2015 (Unaudited) Current portion: Deferred tax assets (liabilities): Expense $ (165,841 ) (272,953 ) Subtotal (165,841 ) (272,953 ) Deferred tax assets (liabilities): Sales cut-off difference derived from Value Added Tax reporting system to calculate PRC Corporation Income Tax in accordance with the PRC State Administration of Taxation 1,094,501 290,850 Other - (2,392,821 ) Subtotal 1,094,501 (2,101,971 ) Total deferred tax assets (liabilities) – current portion 928,660 (2,374,924 ) Non-current portion: Deferred tax assets (liabilities): Depreciation (262,042 ) (353,115 ) Loss carried forward 4,562,785 7,645,386 Valuation allowance (4,562,785 ) (7,645,386 ) Subtotal (262,042 ) (353,115 ) Deferred tax liabilities: Accumulated other comprehensive gain - (1,240,467 ) Subtotal - (1,240,467 ) Total deferred tax assets – non-current portion (262,042 ) (1,593,582 ) Net deferred tax assets (liabilities) $ 666,618 (3,968,506 ) (b) Tax Benefit (Holiday) Effect For the six months ended June 30, 2016 and 2015, the PRC CIT rate was 25%. Certain subsidiaries of the Company were entitled to tax benefit (holidays) for the six months ended June 30, 2016 and 2015. The combined effects of the income tax expense exemptions and reductions available to the Company for the three and six months ended June 30, 2016 and 2015 were as follows: For the Six Months Ended June 30, (Unaudited) 2016 2015 Tax benefit (holiday) credit $ 209,878 $ 1,660,950 Basic net income per share effect $ 0.004 $ 0.036

STOCK OPTIONS AND WARRANTS

STOCK OPTIONS AND WARRANTS	6 Months Ended
	Jun. 30, 2016
STOCK OPTIONS AND WARRANTS [Text Block]	NOTE 19 - STOCK OPTIONS AND WARRANTS (a) Stock Options On May 29, 2015, the Compensation Committee of the Board of Directors of the Company approved the grant of stock options to purchase 4,900,000 shares of common stock at an exercise price of $9.72 per share to the Company’s directors, officers and senior employees. The stock options will vest ratably over three years and expire on the tenth anniversary of the grant date. The Company valued the stock options at $39,990,540 and will amortize the stock compensation expense using the straight-line method over the service period from May 29, 2015 through May 29, 2018. The value of the options was estimated using the Black Scholes Model with an expected volatility of 90%, expected life of 10 years, risk-free interest rate of 2.23% and expected dividend yield of 0.00% .There was $11,108,483 stock compensation expense booked in the first half year of 2016. The fair value of the 4,900,000 options issued to the employees and directors on May 29, 2015 is $8.1613 per share. (b) Warrants We adopted the binomial tree valuation approach to estimate the fair value of the warrant. In binomial tree valuation approach, it is assumed that the life of the warrant(from Valuation Date to Expiration Date) is typically divided into many steps(or nodes). In each step there is a binomial stock price movement. With more steps, possible stock price paths are implicitly considered. Valuation of warrant is performed iteratively, starting at each of the final nodes (those that may be reached at the time of expiration), and then working backwards through the tree towards the first node (valuation date). The value computed at each stage is the value of the warrant at that point in time. On June 26, 2013, the Company entered into a securities purchase agreement (the “2013 Securities Purchase Agreement”) with certain institutional investors (the “Third Round Investors”) that closed on July 1, 2013, pursuant to which the Company sold to the Third Round Investors, in a registered direct offering, an aggregate of 4,376,036 shares of the Company’s common stock at a negotiated purchase price of $6.03 per share. Under the 2013 Securities Purchase Agreement, the Third Round Investors also received Series A warrants for the purchase of up to 1,750,415 shares of the Company’s common stock at an exercise price of $7.24 per share and an option to make an additional investment in the form of Series B warrants and Series C warrants, Series B warrants to purchase a maximum aggregate of 728,936 shares of the Company’s common stock at an exercise price of $7.24 per share and Series C warrants to purchase a maximum aggregate of 291,574 shares of the Company’s common stock at an exercise price of $8.69 (the “Third Round Warrants”). As of June 30, 2014, all the Third Round Warrants had been exercised on a cash basis. In addition, the placement agent for this transaction also received warrants for the purchase of up to 262,562 shares of the Company’s common stock with a fair value of $0.03 per share and an exercise price of $7.24 per share (the “Third Round Placement Agent Warrants”), which was expired on July 1, 2016 without any exercise. Based on the warrants agreement, they contains the downward ratchet protection and anti-dilution terms, so we clarified these warrants as liabilities on the balance sheet. On January 15, 2014, the Company sold to certain institutional investors warrants to purchase an aggregate of 1,429,393 shares of the Company’s common stock at an exercise price of $15 per share (the “January 2014 Warrants”) for a total purchase price of approximately $14,294. According to the warrant subscription agreement by and among the Company and the holders, the exercise price was reduced by a credit of $0.01, which reflected the price per warrant share paid in connection with the issuance of the January 2014 Warrants. Consequently, the effective exercise price per warrant share is $14.99. The January 2014 Warrants expired on January 30, 2015 and no investors exercised their warrants. On March 19, 2014, the Company entered into a securities purchase agreement with certain purchasers (the “Fourth Round Investors”), pursuant to which the Company sold to the Fourth Round Investors, in a registered direct offering, an aggregate of 606,000 shares of common stock, at a negotiated purchase price of $18.24 per share, for aggregate gross proceeds to the Company of approximately $11,053,440, before deducting fees to the placement agent and other estimated offering expenses payable by the Company. As part of the transaction, the Fourth Round Investors also received warrants for the purchase of up to 90,900 shares of the Company’s common stock at an exercise price of $22.80 per share (the “Fourth Round Warrants”). In addition, the placement agent for this transaction also received warrants for the purchase of up to 36,360 shares of the Company’s common stock at an exercise price of $22.80 per share, which was adjusted to $9.72 on July 27, 2015. The Fourth Round Warrants have a term of eighteen months and are exercisable by the holders at any time after the date of issuance. On August 8, 2015, the Company extended the expiration date of these warrants from September 21, 2015 to January 20, 2016, among these warrants, 44,783 share were exercised in January 2016 and the rest warrant shares were expired and without exercise. Based on the warrants agreement, they contains the downward ratchet protection and anti-dilution terms, so we clarified these warrants as liabilities on the balance sheet On September 4, 2014, the Company entered in a securities purchase agreement with certain purchasers (the “Fifth Round Investors”), pursuant to which the Company sold to the Fifth Round Investors, in a registered direct offering, an aggregate of 4,127,908 shares of its common stock at a price of $17.20 per share, for aggregate gross proceeds to the Company of approximately $71 million, before deducting fees to the placement agent and other estimated offering expenses payable by the Company (the “Fifth Round Financing”). As part of the transaction, the Fifth Round Investors also received warrants for the purchase of up to 743,024 shares of the Company’s common stock at an exercise price of $21.50 per share (the “Fifth Round Warrants”), which was adjusted to $9.72 on July 27, 2015. The Fifth Round Warrants have a term of seventeen months and are exercisable by the holders at any time after the date of issuance. On August 8, 2015, the Company extended the expiration date of these warrants from February 4, 2016 to June 3, 2016, and as of now these warrants were expired without any exercise. In addition, the placement agent for this transaction also received warrants for the purchase of up to 206,395 shares of the Company’s common stock at an exercise price of $20.64 per share, which was adjusted to as exercise price of $9.72 per share in December 2015 due to its financial consulting service. The placement agent’s warrants are exercisable for a term of seventeen months after six months from the issuance. As of June 30, 2016, the fair value of the Fifth Round Placement Agent Warrants was $0.01 per share based on the fair value of $0.0085 under the binomial tree valuation approach. Based on the warrants agreement, they contains the downward ratchet protection and anti-dilution terms, so we clarified these warrants as liabilities on the balance sheet.

STOCK AWARD

STOCK AWARD	6 Months Ended
	Jun. 30, 2016
STOCK AWARD [Text Block]	NOTE 20 – STOCK AWARD In connection with the appointment of Mr. Henry Yu as a member of the Board of Directors (the “Board”), and as compensation, the Board authorized the Company to provide Mr. Henry Yu with 5,000 shares of Company's restricted common stock every six months, beginning in July 2011. As compensation for having Mr. Jerry Lewin to serve as a member of the Board, the Board authorized the Company to provide Mr. Jerry Lewin with 5,000 shares of Company's restricted common stock every six months, beginning in August 2011. As compensation for having Ms. Kewa Luo to serve as the Company’s investor relation officer, the Board authorized the Company to provide Ms. Kewa Luo with 5,000 shares of Company's common stock every six months, beginning in September 2013. The fair value of stock awards based on service is determined based on the closing price of the common stock on the date the shares are granted. The compensation costs for awards of common stock are recognized over the requisite service period of six months. On December 30, 2013, the Board approved a proposal (as submitted by the Compensation Committee) of an award for selected executives and other key employees comprising a total of 335,000 shares of common stock for each fiscal year, beginning with the 2013 fiscal year, under the Company’s 2008 Omnibus Long-Term Incentive Plan (the “Plan”), if the Company’s “Non-GAAP Net Income” for the current fiscal year increased by 10% comparing to that of the prior year. The specific number of shares of common stock to be issued in respect of such award could proportionally increase or decrease if the actual Non-GAAP Net Income increase is more or less than 10%. “Non-GAAP Net Income” means the Company’s net income for a particular year calculated in accordance with GAAP, excluding option-related expenses, stock award expenses, and the effects caused by the change of fair value of financial derivatives. For example, if Non-GAAP Net Income for the 2014 fiscal year increased by 10% compared to the Non-GAAP Net Income for the 2013 fiscal year, the selected executives and other key employees each would be granted his or her target amount of common stock of the Company. If Non-GAAP Net Income in 2014 is less than Non-GAAP Net Income in 2013, then no common stock would be granted. If Non-GAAP Net Income in 2014 increased compared to Non-GAAP Net Income in 2013 but the increase is less than 10%, then the target amount of the common stock grant would be proportionately decreased. If Non-GAAP Net Income in 2014 increased compared to Non- GAAP Net Income in 2013 but the increase is more than 10%, then the target amount of the common stock grant would be proportionately increased up to 200% of the target amount. Any such increase in the grant would be subject to the total number of shares available under the Plan, and the Company’s Board and shareholders will need to approve an increase in the number of shares reserved under the Plan if the number of shares originally reserved is used up. On May 20, 2015, the shareholders of the Company approved an increase of 9,000,000 shares under the Plan at its annual meeting. The fair value of each award granted under the Plan is determined based on the closing price of the Company’s stock on the date of grant of the award. In the first half year of 2016, there was $4,003,250 for employee stock award expense recognized in General and Administrative Expenses. The stock award was below starting from 2013 based on the above award plan: Issue Date For Year Shares May 22, 2014 2013 801,163 April 15, 2015 / June 12, 2015 2014 670,000 April 13, 2016 2015 670,000

INTANGIBLE ASSETS

INTANGIBLE ASSETS	6 Months Ended
	Jun. 30, 2016
INTANGIBLE ASSETS [Text Block]	NOTE 21 – INTANGIBLE ASSETS The following table provides the gross carrying value and accumulated amortization for each major class of intangible assets other than goodwill: June 30, December 31, Remaining 2016 2015 useful life Gross carrying amount: Trade name 5.5 years $ 492,235 $ 492,235 Customer relations 5.5 years 304,086 304,086 796,321 796,321 Less : Accumulated amortization Trade name $ (211,442 ) $ (186,069 ) Customer relations (130,621 ) (114,946 ) (342,063 ) (301,015 ) Intangible assets, net $ 454,258 $ 495,306 The aggregate amortization expense for those intangible assets that continue to be amortized is reflected in amortization of intangible assets in the consolidated statements of income, and comprehensive income were $20,524 and $20,524 for the three-months ended June 30, 2016 and 2015, respectively, and $41,048 and $41,048 for the six-months period ended June 30, 2016 and 2015, respectively. Amortization expense for the next five years and thereafter is as follows: 2016(six months) $ 41,048 2017 82,095 2018 82,095 2019 82,095 2020 82,095 Thereafter 84,830 Total $ 454,258

SUMMARIZED INFORMATION OF EQUIT

SUMMARIZED INFORMATION OF EQUITY METHOD INVESTMENT IN THE JV COMPANY	6 Months Ended
	Jun. 30, 2016
SUMMARIZED INFORMATION OF EQUITY METHOD INVESTMENT IN THE JV COMPANY [Text Block]	NOTE 22 – SUMMARIZED INFORMATION OF EQUITY METHOD INVESTMENT IN THE JV COMPANY The Company’s consolidated net income includes the Company’s proportionate share of the net income or loss of the Company’s equity method investees. When the Company records its proportionate share of net income in such investees, it increases equity income (loss) – net in the Company’s consolidated statements of income and the Company’s carrying value in that investment. Conversely, when the Company records its proportionate share of a net loss in such investees, it decreases equity income (loss) – net in the Company’s consolidated statements of income and the Company’s carrying value in that investment. All intra-entity profits and losses with the Company’s equity method investees have been eliminated. Kandi Electric Vehicles Group Co., Ltd. (the “JV Company”) In March 2013, pursuant to a joint venture agreement (the “JV Agreement”) entered into between Kandi Vehicles and Shanghai Maple Guorun Automobile Co., Ltd. (“Shanghai Guorun”), a 99%-owned subsidiary of Geely Automobile Holdings Ltd. (“Geely”), the parties established Zhejiang Kandi Electric Vehicles Co., Ltd. (the “JV Company”) to develop, manufacture and sell electric vehicles (“EVs”) and related auto parts. Each of Kandi Vehicles and Shanghai Guorun has 50% ownership interest in the JV Company. In the fourth quarter of 2013, Kandi Vehicles entered into an ownership transfer agreement with the JV Company pursuant to which Kandi Vehicles transferred 100% of its ownership in Kandi Changxing to the JV Company. As a result, the Company indirectly has 50% economic interest in Kandi Changxing through its 50% ownership interest in the JV Company after this transfer. In November 2013, Zhejiang Kandi Electric Vehicles Jinhua Co., Ltd. (“Kandi Jinhua”) was formed by the JV Company. The JV Company has 100% ownership interest in Kandi Jinhua, and the Company, indirectly through its 50% ownership interest in the JV Company, has 50% economic interest in Kandi Jinhua. In November 2013, Zhejiang JiHeKang Electric Vehicle Sales Co., Ltd. (“JiHeKang”) was formed by the JV Company. The JV Company has 100% ownership interest in JiHeKang, and the Company, indirectly through its 50% ownership interest in the JV Company, has 50% economic interest in JiHeKang. In December 2013, the JV Company entered into an ownership transfer agreement with Shanghai Guorun pursuant to which the JV Company acquired 100% ownership of Kandi Electric Vehicles (Shanghai) Co., Ltd. (“Kandi Shanghai”). As a result, Kandi Shanghai is a wholly-owned subsidiary of the JV Company, and the Company, indirectly through its 50% ownership interest in the JV Company, has 50% economic interest in Kandi Shanghai. In January 2014, Zhejiang Kandi Electric Vehicles Jiangsu Co., Ltd. (“Kandi Jiangsu”) was formed by the JV Company. The JV Company has 100% ownership interest in Kandi Jiangsu, and the Company, indirectly through its 50% ownership interest in the JV Company, has 50% economic interest in Kandi Jiangsu. In addition, In July 2013, Zhejiang ZuoZhongYou Electric Vehicle Service Co., Ltd. (the “Service Company”) was formed. The JV Company had a 19% ownership interest in the Service Company. In March 2014, the JV Company changed its name to Kandi Electric Vehicles Group Co., Ltd. In August 2015, the JV Company transferred its shares of the Service Company to Shanghai Guorun and Kandi Vehicles for 9.5% respectively. As the result, the JV Company no longer has any ownership of the Service Company since the transfer. In November 2015, Hangzhou Puma Investment Management Co., Ltd. (“Puma Investment”) was formed by the JV Company. The JV Company has 50% ownership interest in Puma Investment and the Company, indirectly through its 50% ownership interest in the JV Company, has 25% economic interest in Puma Investment. In November 2015,Hangzhou JiHeKang Electric Vehicle Service Co., Ltd. (“JiHeKang Service Company”) was formed by the JV Company. The JV Company has 100% ownership interest in JiHeKang Service Company and the Company, indirectly through its 50% ownership interest in the JV Company, has 50% economic interest in JiHeKang Service Company. As of June 30, 2016, the JV Company consolidated the following entities on its financial statements: (1) 100% interest in Kandi Changxing; (2) 100% interest in Kandi Jinhua; (3) 100% interest in JiHeKang; (4) 100% interest in Kandi Shanghai; (5) 100% interest in Kandi Jiangsu; (6) 100% interest in JiHeKang Service; and (7) 50% interest in Puma Investment. The Company accounted for its investments in the JV Company under the equity method of accounting as the Company has 50% ownership interest in the JV Company. Therefore, the Company’s consolidated net income for the three months and six months ended June 30, 2016, included equity income from the JV Company during such periods. The combined results of operations and financial position of the JV Company are summarized below: Three months ended June 30, 2016 2015 Condensed income statement information: Net sales $ 111,767,049 $ 68,952,347 Gross income 14,663,818 10,652,743 % of net sales 13.1% 15.4% Net income 8,626,568 1,585,902 % of net sales 7.7% 2.3% Company’s equity in net income of JV $ 4,313,284 $ 792,951 Six months ended June 30, 2016 2015 Condensed income statement information: Net sales $ 111,271,482 $ 99,517,343 Gross income 13,601,171 18,633,407 % of net sales 12.2% 18.7% Net income 558,120 2,389,123 % of net sales 0.5% 2.4% Company’s equity in net income of JV $ 279,060 $ 1,194,562 June 30, December 31, 2016 2015 Condensed balance sheet information: Current assets $ 515,423,390 $ 455,368,595 Noncurrent assets 187,524,341 191,145,583 Total assets $ 702,947,731 $ 646,514,178 Current liabilities 480,254,843 429,487,683 Noncurrent liabilities 45,637,248 36,348,514 Equity 177,055,640 180,677,981 Total liabilities and equity $ 702,947,731 $ 646,514,178 During the first half year of 2016, 100% of the JV Company’s revenues were derived from the sales of EV products in the PRC with a total of 7,200 units sold, 2,128 units of which were direct sales through the distribution company, JiHeKang, and the rest were sold for the Micro Public Transportation Program (“MPT”,or the “EV-Share” Program). As the Company only has a 50% ownership interest in the JV Company and accounted for its investments in the JV Company under the equity method of accounting, the Company didn’t consolidate the JV Company’s financial results but included the equity income from the JV Company during such periods. Note: The following table illustrates the captions used in the Company’s Income Statements for its equity basis investments in the JV Company. Changes in the Company’s equity method investment in the JV Company for the six months ended June 30, 2016 and 2015 were as follows: Six Months ended June 30, 2016 2015 Investment in JV Company, beginning of the period, $ 90,337,899 $ 83,309,095 Share of profit 279,060 1,194,561 Intercompany transaction elimination (183,981 ) (658,480 ) Year 2015 unrealized profit realized 1,084 184,442 Exchange difference (2,087,212 ) 336,842 Investment in JV Company, end of the period $ 88,346,850 $ 84,366,460 Sales to the Company’s customers, the JV Company and its subsidiaries, for the three months ended June 30, 2016 were $47,468,815 or 86% of the Company’s total revenue, an increase of 4.3% of the sales to the JV Company from the same quarter last year. Sales to the Company’s customers, the JV Company and its subsidiaries, for the six months ended June 30, 2016 were $60,943,790 or 58% of the Company’s total revenue, a decrease of 18.3% of the sales to the JV Company from the same quarter last year. The sales to the JV Company and its subsidiaries were primarily the sales of battery packs, body parts, EV drive motors, EV controllers, air conditioning units and other auto parts, the breakdown of the sales to the JV Company and its subsidiaries is as follows: Three Months ended June 30, 2016 2015 JV Company $ 41,919,634 $ - Kandi Changxing 1,657,335 17,633,894 Kandi Shanghai 3,766,230 27,869,812 Kandi Jinhua (5,197 ) 11,649 Kandi Jiangsu 130,813 - Total sales to JV $ 47,468,815 $ 45,515,355 Six Months ended June 30, 2016 2015 JV Company $ 55,005,270 $ - Kandi Changxing 1,817,932 35,239,196 Kandi Shanghai 3,924,432 37,729,131 Kandi Jinhua 47,067 1,602,032 Kandi Jiangsu 149,089 - Total sales to JV $ 60,943,790 $ 74,570,359 As of June 30, 2016 and December 31, 2015, the net amount due from the JV Company was $122,807,165 and $76,172,471, respectively, of which the majority was the balances with the JV Company, Kandi Jinhua, Kandi Changxing, Kandi Jiangsu and Kandi Shanghai. The breakdown is as below: June 30, December 31, 2016 2015 Kandi Shanghai $ 3,494,808 $ (4,488,379 ) Kandi Changxing 18,456,112 3,249,445 Kandi Jinhua 5,284,593 6,218,177 Kandi Jiangsu 149,028 11,453 JV Company 95,422,624 71,181,775 Consolidated JV $ 122,807,165 $ 76,172,471 The amount due from the JV Company of $22,569,491.46 was a one-year entrusted loan that Kandi Vehicle lent to the JV Company from December 16, 2015 to June 15, 2016 and then extended to December 16, 2016 carrying an annual interest rate 8.7%, which will not be adjusted after the withdrawal during the lending period. The loan was organized by Bank of Communications Hangzhou Zhongan Branch as the agent bank between Kandi Vehicle and the JV Company. Entrusted loans are commonly found in China, where direct borrowing and lending between commercial enterprises are restricted.

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	6 Months Ended
	Jun. 30, 2016
COMMITMENTS AND CONTINGENCIES [Text Block]	NOTE 23 – COMMITMENTS AND CONTINGENCIES Guarantees and pledged collateral for third party bank loans As of June 30, 2016 and December 31, 2015, the Company provided guarantees for the following third parties: (1) Guarantees for bank loans June 30, December 31, Guarantee provided to 2016 2015 Zhejiang Shuguang industrial Co., Ltd. 4,363,435 4,466,555 Nanlong Group Co., Ltd. 3,009,266 3,080,383 Kandi Electric Vehicles Group Co., Ltd. 48,900,565 50,056,216 Total $ 56,273,265 $ 57,603,154 On March 15, 2013, the Company entered into a guarantee contract to serve as the guarantor of Nanlong Group Co., Ltd. (“NGCL”) from March 15, 2016 to March 15, 2018 for NGCL's loan amount of $3,009,266 from Shanghai Pudong Development Bank Jinhua Branch with related loan period from March 15, 2013 to March 15, 2016, which was extended to September 15, 2016. NGCL is not related to the Company but it has provided guarantees for the Company in the past due to industry customs. Under this guarantee contract, the Company agreed to perform all obligations of NGCL under the loan contract if NGCL fails to perform its obligations as set forth therein. On July 20, 2015, the Company entered into a guarantee contract to serve as the guarantor for the JV Company from July 20, 2016 to July 19, 2018 for the bank loans of $11,284,746 from Bank of China with related loan period from July 20, 2015 to July 19, 2016. Under this guarantee contract, the Company agreed to perform all obligations of the JV Company under the loan contract if the JV Company fails to perform its obligations as set forth therein. On September 29, 2015, the Company entered into a guarantee contract to serve as the guarantor of Zhejiang Shuguang Industrial Co., Ltd. (“ZSICL”) from September 29, 2015 to September 28, 2018 for the bank loan amount of $4,363,435 from Ping An Bank with related loan period from September 29, 2015 to September 28, 2016. ZSICL is not related to the Company. Under this guarantee contract, the Company agreed to perform all obligations of ZSICL under the loan contract if ZSICL fails to perform its obligations as set forth therein. On December 14, 2015, the Company entered into a guarantee contract to serve as the guarantor for the JV Company from December 14, 2016 to December 13, 2018 for the bank loans of $37,615,819 from China Import & Export Bank with related loan period from December 14, 2015 to December 13, 2016. Under this guarantee contract, the Company agreed to perform all obligations of the JV Company under the loan contract if the JV Company fails to perform its obligations as set forth therein. For the Company guarantee for NGCL and ZSIC, it is a common practice that among companies in the region of the PRC in which the Company is located to exchange guarantees for bank debts with no additional consideration given. It is considered a “favor for favor” business practice and is commonly required by Chinese lending banks. Now with Kandi’s creditability improvement in the bank, the related banks have no requirement to ask the third party to provide the company guarantee for Kandi, and then the Company shall also quit from the guarantee for them accordingly in the proper time. The Company was a party to enter into contracts to indemnify a third party for certain liabilities, and as of June 30, 2016 and December 31, 2015, the Company guaranteed the third party’s long-term loan from other companies amounting to $56,273,265 and $57,603,154 that matured at various times in 2018, as a guarantor. In most cases, the Company cannot estimate the potential amount of future payments under these indemnities until events arise that would result in a liability under the indemnities. The Company believes that the liabilities for potential future payments of these guarantees and indemnities are not probable. (2) Pledged collateral for a third party’s bank loans As of June 30, 2016 and December 31, 2015, none of the Company’s land use rights or plant and equipment were pledged as collateral securing bank loans to third parties.

SEGMENT REPORTING

SEGMENT REPORTING	6 Months Ended
	Jun. 30, 2016
SEGMENT REPORTING [Text Block]	NOTE 24 –SEGMENT REPORTING The Company has only one single operating segment. The Company’s revenue and long-lived assets are primarily derived from and located in the PRC. The Company only has operations in the PRC. The following table sets forth revenues by geographic area for the six months ended June 30, 2016 and 2015, respectively: Six Months Ended June 30, 2016 2015 Sales Revenue Percentage Sales Revenue Percentage Overseas $ 1,614,384 2% $ 1,944,172 2% China 104,260,877 98% 89,800,374 98% Total $ 105,875,261 100% $ 91,744,546 100% The following table sets forth revenues by geographic area for the three months ended June 30, 2016 and 2015, respectively: Three Months Ended June 30, 2016 2015 Sales Revenue Percentage Sales Revenue Percentage Overseas $ 992,662 2% $ 1,157,676 2% China 54,224,706 98% 46,805,784 98% Total $ 55,217,368 100% $ 47,963,460 100%

Related Party Transactions

Related Party Transactions	6 Months Ended
	Jun. 30, 2016
Related Party Transactions [Text Block]	NOTE 25 – Related Party Transactions The Board of Directors must approve all related party transactions. All material related party transactions will be made or entered into on terms that are no less favorable to the Company than can be obtained from unaffiliated third parties. The following table lists the sales to related parties(other than the JV Company) as of the three months ended June 30, 2016 and 2015: June 30, June 30, 2016 2015 Service Company 769,065 - Total $ 769,065 - The details for amount due from related parties (other than the JV Company) as at the June 30, 2016 and December 31, 2015 were as below: June 30, December 31, 2016 2015 Service Company 10,957,632 40,606,162 Total due from related party $ 10,957,632 40,606,162 The following table lists the sales to related parties (other than the JV Company) as of the six months ended June 30, 2016 and 2015: June 30, June 30, 2016 2015 Service Company 3,977,568 - Total $ 3,977,568 - The Company has 9.5% ownership of the Service Company and Mr.Hu, Chairman and CEO of the Company, has 13% ownership of the Service Company. The main transactions between the Company and the Service Company is that the Service Company needs to buy battery for the speed upgrade and also EV parts for the repairing and maintenance for its operating electric vehicles. For any transactions with JV Company, please refer to Note 22 for the details.

Summary of Significant Accoun31

Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2016
Economic and Political Risks [Policy Text Block]	(a) Economic and Political Risks The Company’s operations are conducted in the PRC. As a result, the Company’s business, financial condition and results of operations may be influenced by the political, economic and legal environments in the PRC, and by the general state of the PRC economy. In addition, the Company’s earnings are subject to movements in foreign currency exchange rates when transactions are denominated in Renminbi (“RMB”), which is the Company’s functional currency. Accordingly, the Company’s operating results are affected by changes in the exchange rate between the U.S. dollar and the RMB. The Company’s operations in the PRC are subject to special considerations and significant risks not typically associated with companies in North America and Western Europe. These include risks associated with, among others, the political, economic and legal environment and foreign currency exchange. The Company’s performance may be adversely affected by changes in the political and social conditions in the PRC, and by changes in governmental policies with respect to laws and regulations, anti-inflationary measures, currency conversion, remittances abroad, and rates and methods of taxation, among other things.
Fair Value of Financial Instruments [Policy Text Block]	(b) Fair Value of Financial Instruments ASC 820 establishes a three-tier fair value hierarchy, which prioritizes the inputs used in measuring fair value. The hierarchy prioritizes the inputs into three levels based on the extent to which inputs used in measuring fair value are observable in the market. These tiers include: Level 1—defined as observable inputs such as quoted prices in active markets; Level 2—defined as inputs other than quoted prices in active markets that are either directly or indirectly observable; and Level 3—defined as unobservable inputs in which little or no market data exists, therefore requiring an entity to develop its own assumptions. The company’s financial instruments primarily consist of cash and cash equivalents, restricted cash, accounts receivable, notes receivable, other receivable, accounts payable, other payables and accrued liabilities, short-term bank loans, notes payable, and warrants. The carrying value of cash and cash equivalents, restricted cash, accounts receivable, notes receivable, other receivable, accounts payable, other payables and accrued liabilities and notes payable approximate fair value because of the short term nature of these items. The estimated fair values of short-term bank loans were not materially different from their carrying value as presented due to the short maturities and that the interest rates on the borrowing approximate those that would have been available for loans of similar remaining maturity and risk profile. As the carrying amounts are reasonable estimates of the fair value, these financial instruments are classified within Level 1 of the fair value hierarchy. The Company identified notes payable as a Level 2 instrument due to the fact that the inputs to the valuation are primarily based upon readily observable pricing information. The balance of notes payable, which was measured and disclosed at fair value, was $4,718,077 and $3,850,478 at June 30, 2016 and December 31, 2015, respectively. Warrants, which are accounted as liabilities, are treated as derivative instruments, and are measured at each reporting date for their fair value using Level 3 inputs. The fair value of warrants was $10,692 and $3,823,590 at June 30, 2016 and December 31, 2015, respectively. Also see Note 6(t).
Cash and Cash Equivalents [Policy Text Block]	(c) Cash and Cash Equivalents The Company considers highly-liquid investments purchased with original maturities of three months or less to be cash equivalents. Restricted cash, as of June 30, 2016 and December 31, 2015, represented time deposits on account for earning interest income. As of June 30, 2016 and December 31, 2015, the Company’s restricted cash was $14,519,706 and $16,172,009, which includes a one-year Certificate of Time Deposit (CD) with Hangzhou Bank Jinhua Branch which will be matured as at September 29, 2016.
Inventories [Policy Text Block]	(d) Inventories Inventories are stated at the lower of cost or net realizable value (market value). The cost of raw materials is determined on the basis of weighted average. The cost of finished goods is determined on the weighted average basis and comprises direct materials, direct labor and an appropriate proportion of overhead. Net realizable value is based on estimated selling prices less selling expenses and any further costs expected to be incurred for completion. Adjustments to reduce the cost of inventory to its net realizable value are made, if required, for estimated excess, obsolescence, or impaired balances.
Accounts Receivable [Policy Text Block]	(e) Accounts Receivable Accounts receivable are recognized and carried at net realizable value. An allowance for doubtful accounts is recorded in periods in which the Company determines a loss is probable, based on its assessment of specific factors, such as troubled collections, historical experience, accounts aging, ongoing business relations and other factors. Accounts are written off after an exhaustive collection effort. If accounts receivable are to be provided for, or written off, they are recognized in the consolidated statement of operations within the operating expenses line item. As of June 30, 2016 and December 31, 2015, the Company had no allowance for doubtful accounts, as per the management’s judgment based on their best knowledge. As of June 30, 2016 and December 31, 2015, the credit terms with the Company’s customers were typically 150 to 180 days after delivery.
Notes receivable [Policy Text Block]	(f) Notes receivable Notes receivable represent short-term loans to third parties with the maximum term of one year. Interest income will be recognized according to each agreement between a borrower and the Company on an accrual basis. If notes receivable are paid back or written off, that transaction will be recognized in the relevant year. If the loan default is probable, reasonably assured and the loss can be reasonably estimated, the Company will recognize income if the written-off loan is recovered at a future date. In case of any foreclosure proceedings or legal actions being taken, the Company provides an accrual for the related foreclosure expenses and related litigation expenses. The Company also receives notes receivable from the JV Company to settle the accounts receivable. If the company wants to discount the notes receivables, the current discount rate is 3.06% annually. As at the end of June 30, 2016, the Company had notes receivables for 6,192,424, including 4,128,261 within 3 months matured and 2,064,163 over 3 months.
Prepayments [Policy Text Block]	(g) Prepayments Prepayments represent cash paid in advance to suppliers, which also includes advances to raw material suppliers, mold manufacturers, and suppliers of equipment. As of December 31, 2013, the Company recorded a significant prepayment made by the Company to a supplier Nanjing Shangtong (as defined in Note 16) as an advance of RMB353 million ($53,113,537) and prepaid by Kandi Wanning (renamed to Kandi Hainan in January 2016) to Nanjing Shangtong. As of June 30, 2016, the advance payment related with Kandi Hainan facility construction to Nanjing Shangtong was transferred to “construction-in-progress” as described in Note 16. In June 2016, Kandi Hainan made another prepayment of $10,532,429 to Nanjing Shangtong for the design and research of new EVs, which was booked under “prepayments”. It will be capitalized when the related intangible assets are built up in the future. Advances for raw materials purchases typically are settled within two months by the Company’s receipt of raw materials. Prepayment is offset against purchase amount after equipment or materials are delivered.
Property, Plant and Equipment [Policy Text Block]	(h) Property, Plant and Equipment Property, Plant and equipment are carried at cost less accumulated depreciation. Depreciation is provided over the assets estimated useful lives, using the straight-line method. Leasehold improvements are amortized over the life of the asset or the term of the lease, whichever is shorter. Estimated useful lives are as follows: Buildings 30 years Machinery and equipment 10 years Office equipment 5 years Motor vehicles 5 years Molds 5 years The cost and related accumulated depreciation of assets sold or otherwise retired are eliminated from the accounts and any gain or loss is included in the statement of income. The cost of maintenance and repairs is charged to expense as incurred, whereas significant renewals and betterments are capitalized.
Construction in Progress [Policy Text Block]	(i) Construction in Progress Construction in progress (“CIP”) represents the direct costs of construction, the acquisition cost of buildings or machinery and design fees. Capitalization of these costs ceases, and the construction in progress is transferred to plant and equipment, when substantially all the activities necessary to prepare the assets for their intended use are completed. No depreciation is provided until the assets are completed and ready for their intended use. No interest expense has been capitalized for CIP as of June 30, 2016, as the Company did not get loans for CIP.
Land Use Rights [Policy Text Block]	(j) Land Use Rights According to Chinese laws, land in the PRC is owned by the government and land ownership rights cannot be sold to an individual or to a private company. However, the government grants the user a “land use right” to use the land. The land use rights granted to the Company are being amortized using the straight-line method over a term of fifty years.
Accounting for the Impairment of Long-Lived Assets [Policy Text Block]	(k) Accounting for the Impairment of Long-Lived Assets The Company periodically evaluates the carrying value of long-lived assets to be held and used, including intangible assets subject to amortization, when events and circumstances warrant such a review, pursuant to the guidelines established in Statement of Financial Accounting Standards (“SFAS”) No. 144 (now known as “ASC 360”). The carrying value of a long-lived asset is considered impaired when the anticipated undiscounted cash flow from such asset is separately identifiable and is less than its carrying value. In that event, a loss is recognized based on the amount by which the carrying value exceeds the fair market value of the long-lived asset. Fair market value is determined primarily using the anticipated cash flows discounted at a rate commensurate with the risk involved. Losses on long-lived assets to be disposed of are determined in a similar manner, except that fair market values are reduced for the cost to dispose. During the reporting period, no impairment loss was recognized.
Revenue Recognition [Policy Text Block]	(l) Revenue Recognition Revenue represents the invoiced value of goods sold. Revenue is recognized when the Company ships the goods to its customers and all of the following criteria are met: • Persuasive evidence of an arrangement exists; • Delivery has occurred or services have been rendered; • The seller’s price to the buyer is fixed or determinable; and • Collectability is reasonably assured. The Company recognized revenue when the products and the risk they carry are transferred to the other party.
Research and Development [Policy Text Block]	(m) Research and Development Expenditures relating to the development of new products and processes, including significant improvements to existing products, are expensed as incurred. Research and development expenses were $494,193 and $571,621 for the three months ended June 30, 2016 and 2015, respectively. Research and development expenses were $700,161 and $1,142,641 for the six months ended June 30, 2016 and 2015, respectively.
Government Grants [Policy Text Block]	(n) Government Grants Grants and subsidies received from the PRC Government are recognized when the proceeds are received or collectible. For the three months ended June 30, 2016 and 2015, $1,503,384 and $92,863 grants were received by the Company’s subsidiaries from the PRC government. For the six months ended June 30, 2016 and 2015, $1,697,857 and $92,863 grants were received by the Company’s subsidiaries from the PRC government.
Income Taxes [Policy Text Block]	(o) Income Taxes The Company accounts for income tax using an asset and liability approach, which allows for the recognition of deferred tax benefits in future years. Under the asset and liability approach, deferred taxes are provided for the net tax effects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes. The accounting for deferred tax calculation represents the management’s best estimate on the most likely future tax consequences of events that have been recognized in our financial statements or tax returns and related future anticipation. A valuation allowance is provided for deferred tax assets if it is more likely than not these items will either expire before the Company is able to realize their benefits, or that future realization is uncertain.
Foreign Currency Translation [Policy Text Block]	(p) Foreign Currency Translation The accompanying consolidated financial statements are presented in United States dollars. The functional currency of the Company is the Renminbi (RMB). Capital accounts of the consolidated financial statements are translated into United States dollars from RMB at their historical exchange rates when the capital transactions occurred. Assets and liabilities are translated at the exchange rates as of balance sheet date. Income and expenditures are translated at the average exchange rate of the reporting period, which rates are obtained from the website: http://www.oanda.com June 30, December 31, June 30, 2016 2015 2015 Period end RMB : USD exchange rate 6.64614 6.49270 6.12880 Average RMB : USD exchange rate 6.53738 6.24010 6.13810
Comprehensive Income [Policy Text Block]	(q) Comprehensive Income Comprehensive income is defined to include all changes in equity except those resulting from investments by owners and distributions to owners. Among other disclosures, all items that are required to be recognized under current accounting standards as components of comprehensive income are required to be reported in a financial statement that is presented with the same prominence as other financial statements. Comprehensive income includes net income and the foreign currency translation changes.
Segments [Policy Text Block]	(r) Segments In accordance with ASC 280-10, Segment Reporting
Stock Option Expenses [Policy Text Block]	(s) Stock Option Expenses The Company’s stock option expenses are recorded in accordance with ASC 718 and ASC 505. The fair value of stock options is estimated using the Black-Scholes-Merton model. The Company’s expected volatility assumption is based on the historical volatility of the Company’s common stock. The expected life assumption is primarily based on the expiration date of the option. The risk-free interest rate for the expected term of the option is based on the U.S. Treasury yield curve in effect at the time of grant. The recognition of the stock option expenses is based on awards expected to vest, and there were no estimated forfeitures. ASC standards require forfeitures to be estimated at the time of grant and revised in subsequent periods, if necessary, if actual forfeitures differ from those estimates. The stock-based option expenses for the three months ended June 30, 2016 and 2015 were $4,998,817 and $2,036,555, respectively. The stock-based option expenses for the six months ended June 30, 2016 and 2015 were $11,108,483 and $2,036,555, respectively. See Note 20.
Warrant Costs [Policy Text Block]	(t) Warrant Costs The Company’s warrant costs are recorded in liabilities in accordance with ASC 480, ASC 505 and ASC 815. We adopted the binomial tree valuation approach to estimate the fair value of the warrants. In binomial tree valuation approach, it is assumed that the life of the warrant (from Valuation Date to Expiration Date) is typically divided into many steps (or nodes). In each step there is a binomial stock price movement. With more steps, possible stock price paths are implicitly considered. Valuation of warrant is performed iteratively, starting at each of the final nodes (those that may be reached at the time of expiration), and then working backwards through the tree towards the first node (valuation date). The value computed at each stage is the value of the warrant at that point in time.
Goodwill [Policy Text Block]	(u) Goodwill The Company allocates goodwill from business combinations to reporting units based on the expectation that the reporting unit is to benefit from the business combination. The Company evaluates its reporting units on an annual basis and, if necessary, reassigns goodwill using a relative fair value allocation approach. Goodwill is tested for impairment at the reporting unit level on an annual basis and between annual tests if an event occurs or circumstances change that would more likely than not reduce the fair value of a reporting unit below its carrying value. These events or circumstances could include a significant change in the business climate, legal factors, operating performance indicators, competition, or sale or disposition of a significant portion of a reporting unit. Application of the goodwill impairment test requires judgments, including the identification of reporting units, assignment of assets and liabilities to reporting units, assignment of goodwill to reporting units, and the determination of the fair value of each reporting unit. The Company first assesses qualitative factors to determine whether it is more likely than not that goodwill is impaired. If the more likely than not threshold is met, the Company performs a quantitative impairment test. As of June 30, 2016, the Company determined that its goodwill was not impaired.
Intangible assets [Policy Text Block]	(v) Intangible assets Intangible assets consist of trade names and customer relations associated with the purchase price from the allocation of Yongkang Scrou. Such assets are being amortized over their estimated useful lives of 9.7 years. Intangible assets were amortized as of June 30, 2016.
Accounting for Sale of Common Stock and Warrants [Policy Text Block]	(w) Accounting for Sale of Common Stock and Warrants Gross proceeds are firstly allocated according to the initial fair value of the freestanding derivative instruments (i.e. the warrants issued to the Company’s investors in its previous offerings, or the “Investor Warrants”). The remaining proceeds are allocated to common stock. The related issuance expenses, including the placement agent cash fees, legal fees, the initial fair value of the warrants issued to the placement agent and others were allocated between the common stock and the Investor Warrants based on how the proceeds are allocated to these instruments. Expenses related to the issuance of common stock were charged to paid-in capital. Expenses related to the issuance of derivative instruments were expensed upon issuance.
Consolidation of variable interest entities [Policy Text Block]	(x) Consolidation of variable interest entities In accordance with accounting standards regarding consolidation of variable interest entities, VIEs are generally entities that lack sufficient equity to finance their activities without additional financial support from other parties or whose equity holders lack adequate decision making ability. All VIEs with which the Company is involved must be evaluated to determine the primary beneficiary of the risks and rewards of the VIE. The primary beneficiary is required to consolidate the VIE for financial reporting purposes. The Company has concluded, based on the contractual arrangements, that Kandi New Energy is a VIE and that the Company’s wholly-owned subsidiary, Kandi Vehicles, absorbs a majority of the risk of loss from the activities of these companies, thereby enabling the Company, through Kandi Vehicles, to receive a majority of their respective expected residual returns. Additionally, as Kandi New Energy is under common control with other entities, the consolidated financial statements have been prepared as if the transactions had occurred retroactively as to the beginning of the reporting period of these consolidated financial statements. Control and common control are defined under the accounting standards as “an individual, enterprise, or immediate family members who hold more than 50 percent of the voting ownership interest of each entity.” Because the owners collectively own 100% of Kandi New Energy, and have agreed to vote their interests in concert since the establishment of each of these three companies as memorialized the Voting Rights Proxy Agreement, the Company believes that the owners collectively have control and common control of the company. Accordingly, the Company believes that Kandi New Energy was constructively held under common control by Kandi Vehicles as of the time the Contractual Agreements were entered into, establishing Kandi Vehicles as their primary beneficiary. Kandi Vehicles, in turn, is owned by Continental, which is owned by the Company.

SUMMARY OF SIGNIFICANT ACCOUN32

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	6 Months Ended
	Jun. 30, 2016
Schedule of Average Foreign Currency Exchange Rates [Table Text Block]	June 30, December 31, June 30, 2016 2015 2015 Period end RMB : USD exchange rate 6.64614 6.49270 6.12880 Average RMB : USD exchange rate 6.53738 6.24010 6.13810

CONCENTRATIONS (Tables)

CONCENTRATIONS (Tables)	3 Months Ended	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2016
Schedule of Revenue and Accounts Receivable Percentage by Major Customers [Table Text Block]	Sales Accounts Receivable Three Months Three Months Ended Ended June 30 June 30 June 30 December 31 Major Customers 2016 2015 2016 2015 Kandi Electric Vehicles Group Co., Ltd. 76% - 46% 46% Jinhua Chaoneng Automobile Sales Co. Ltd. 10% - 23% -	Sales Accounts Receivable Six Months Six Months Ended Ended June 30 June 30 June 30 December 31 Major Customers 2016 2015 2016 2015 Kandi Electric Vehicles Group Co., Ltd. 52% - 46% 46% Jinhua Chaoneng Automobile Sales Co. Ltd. 33% - 23% -
Schedule of Purchases and Accounts Payable Percentage by Major Suppliers [Table Text Block]	Purchase Accounts Payable Three Months Three Months June 30 June 30 June 30 December 31 Major Suppliers 2016 2015 2016 2015 Dongguan Chuangming Battery Technology Co., Ltd. 47% 14% 26% 15% Jinhua Ankao Electric Technology Co., Ltd. 14% - 8% - Zhejiang Tianneng Energy Technology Co., Ltd. 12% - 19% 24%	Purchases Accounts Payable Six Months Six Months Ended Ended June 30 December 31 June 30 June 30 Major Suppliers 2016 2015 2016 2015 Dongguan Chuangming Battery Technology Co., Ltd. 47% 12% 26% 15% Zhejiang Tianneng Energy Technology Co., Ltd. 22% 21% 19% 24% Jinhua Ankao Electric Technology Co., Ltd. 10% - 8% -

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)	3 Months Ended	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2016
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	For three months ended June 30, 2016 2015 Net income $ 2,793,180 $ 5,425,502 Weighted average shares used in basic computation 47,601,286 46,759,651 Dilutive shares - 137,158 Weighted average shares used in diluted computation 47,601,286 46,896,809 Earnings per share: Basic $ 0.06 $ 0.12 Diluted $ 0.06 $ 0.12	For six months ended June 30, 2016 2015 Net income $ 2,881,600 $ 11,557,155 Weighted average shares used in basic computation 47,305,560 46,523,584 Dilutive shares 6,024 276,572 Weighted average shares used in diluted computation 47,311,584 46,800,156 Earnings per share: Basic $ 0.06 $ 0.25 Diluted $ 0.06 $ 0.25

ACCOUNTS RECEIVABLE (Tables)

ACCOUNTS RECEIVABLE (Tables)	6 Months Ended
	Jun. 30, 2016
Schedule of Accounts Receivable [Table Text Block]	June 30, December 31, 2016 2015 Accounts receivable $ 40,422,951 $ 8,136,421 Less: Provision for doubtful debts - - Accounts receivable, net $ 40,422,951 $ 8,136,421

INVENTORIES (Tables)

INVENTORIES (Tables)	6 Months Ended
	Jun. 30, 2016
Schedule of Inventories [Table Text Block]	June 30, December 31, 2016 2015 Raw material $ 5,363,410 $ 8,509,421 Work-in-progress 787,157 1,648,498 Finished goods 2,648,292 8,101,661 Total inventories 8,798,859 18,259,580 Less: provision for slowing moving inventories (474,683 ) (485,901 ) Inventories, net $ 8,324,176 $ 17,773,679

NOTES RECEIVABLE (Tables)

NOTES RECEIVABLE (Tables)	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Schedule of Notes Receivable [Table Text Block]	June 30, December 31, 2016 2015 Notes receivable as below: Due September 30, 2016, interest at 7.2% per annum $ 5,461,624 $ 10,578,574 Bank acceptance notes 730,800 2,454,741 Notes receivable $ 6,192,424 $ 13,033,315
Schedule of Details of Notes Receivable [Table Text Block]	Manner of Index Amount ($) Counter party Relationship Nature settlement 1 5,461,624 Yongkang HuiFeng No relationship Receive interest Not due 2 300,927 Kandi Changxing Subsidiary of the JV Payments for Not due 3 429,874 Hohhot Xinhui Hengtong No relationship Payments for Not due	Index Amount ($) Counter party Relationship Nature Manner of settlement 1 10,578,574 Yongkang HuiFeng No relationship beyond Receive interest Not due 2 1,871,332 Kandi Electric Joint venture of the Payments for sales Not due 3 59,744 Kandi Shanghai Subsidiary of the JV Payments for sales Not due 4 523,665 Zhuhai Enpower No relationship beyond Payments for sales Not due

PROPERTY, PLANT AND EQUIPMENT (

PROPERTY, PLANT AND EQUIPMENT (Tables)	6 Months Ended
	Jun. 30, 2016
Schedule of Plant and Equipment [Table Text Block]	June 30, December 31, 2016 2015 At cost: Buildings $ 13,562,688 $ 13,883,211 Machinery and equipment 7,534,141 7,804,097 Office equipment 479,883 395,328 Motor vehicles 327,487 335,227 Moulds 32,171,443 32,931,740 54,075,642 55,349,603 Less : Accumulated depreciation Buildings $ (3,897,932 ) $ (3,755,582 ) Machinery and equipment (6,995,127 ) (7,108,925 ) Office equipment (242,463 ) (249,378 ) Motor vehicles (276,929 ) (271,495 ) Moulds (24,748,739 ) (23,385,363 ) (36,161,190 ) (34,770,743 ) Less: provision for impairment for fixed assets (52,492 ) (53,734 ) Plant and equipment, net $ 17,861,960 $ 20,525,126

LAND USE RIGHTS (Tables)

LAND USE RIGHTS (Tables)	6 Months Ended
	Jun. 30, 2016
Schedule of Land Use Rights [Table Text Block]	June 30, December 31, 2016 2015 Cost of land use rights $ 14,924,256 $ 15,276,957 Less: Accumulated amortization (2,452,638 ) (2,341,836 ) Land use rights, net $ 12,471,618 $ 12,935,121
Schedule of Land Use Rights Expected Amortization Expense [Table Text Block]	2016 (six months ) $ 153,836 2017 307,672 2018 307,672 2019 307,672 2020 307,672 Thereafter 11,087,094 Total $ 12,471,618

CONSTRUCTION-IN-PROGRESS (Table

CONSTRUCTION-IN-PROGRESS (Tables)	6 Months Ended
	Jun. 30, 2016
Schedule of Construction in Progress [Table Text Block]	Total in CIP as of Project June 30, Contracted but Total contract Kandi Hainan facility $ 54,448,198 $ 6,319,458 $ 60,767,655 Total $ 54,448,198 $ 6,319,458 $ 60,767,655

SHORT TERM BANK LOANS (Tables)

SHORT TERM BANK LOANS (Tables)	6 Months Ended
	Jun. 30, 2016
Schedule of Short-term Bank Loans [Table Text Block]	June 30, December 31, 2016 2015 Loans from China Ever-bright Bank Interest rate 4.698% per annum, due October 28, 2016, secured by the assets of the Company, guaranteed by Mr. Hu Xiaoming and his wife. 11,736,136 12,013,492 Loans from Hangzhou Bank Interest rate 4.60% per annum, due October 13, 2016, secured by the assets of the Company. Also see Note 14 and Note 15. 7,342,608 7,516,134 Interest rate 4.82% per annum, due July 2, 2016 and extended to July 3, 2017, secured by the assets of the Company. Also see Note 14 and Note 15. 7,523,164 7,700,956 Interest rate 4.85% per annum, due July 12, 2016 and extended to July 3, 2017, secured by the assets of the Company. Also see Note 14 and Note 15. 3,340,285 3,419,225 Interest rate 4.35% per annum, due March 23, 2017, secured by the assets of the Company. Also see Note 14 and Note 15. 5,868,068 - Interest rate 5.35% per annum, paid off on March 22, 2016, secured by the assets of the Company. Also see Note 14 and Note 15. - 6,006,746 $ 35,810,260 36,656,553

NOTES PAYABLE (Tables)

NOTES PAYABLE (Tables)	6 Months Ended
	Jun. 30, 2016
Schedule of Notes Payable [Table Text Block]	December June 30, 31, 2016 2015 Bank acceptance notes: Due May 12, 2016 $ - $ 2,310,287 Due June 17, 2016 - 1,540,191 Due July 6, 2016 1,504,633 - Due July 14, 2016 225,695 - Due August 23, 2016 150,463 - Due September 30, 2016 150,463 - Due November 16, 2016 2,256,949 - Due December 23, 2016 429,874 - Total $ 4,718,077 $ 3,850,478

TAXES (Tables)

TAXES (Tables)	6 Months Ended
	Jun. 30, 2016
Schedule of Net Corporate Income Tax [Table Text Block]	Company Name Applicable Corporate Income Tax Kandi Vehicles 15% Kandi New Energy 25% Yongkang Scruo 25% Kandi Hainan 25% JV Company 25%
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]	For Six Months Ended June 30, (Unaudited) 2016 2015 Current: Provision for CIT $ 4,408,966 $ 2,137,524 Provision for Federal Income Tax - - Deferred: Provision for CIT (4,645,415) - Income tax expense (benefit) $ (236,449 ) $ 2,137,524
Schedule of Expected Components of Income Tax Expense (Benefit) [Table Text Block]	For Six Months Ended June 30, (Unaudited) 2016 2015 Computed “expected” expense $ (4,690,864 ) $ 2,021,518 Favorable tax rate (209,878 ) (1,660,950 ) Permanent differences 101,508 161,304 Valuation allowance 4,562,785 1,615,652 Income tax expense (benefit) $ (236,449 ) $ 2,137,524
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]	June 30 December 31 2016 2015 (Unaudited) Current portion: Deferred tax assets (liabilities): Expense $ (165,841 ) (272,953 ) Subtotal (165,841 ) (272,953 ) Deferred tax assets (liabilities): Sales cut-off difference derived from Value Added Tax reporting system to calculate PRC Corporation Income Tax in accordance with the PRC State Administration of Taxation 1,094,501 290,850 Other - (2,392,821 ) Subtotal 1,094,501 (2,101,971 ) Total deferred tax assets (liabilities) – current portion 928,660 (2,374,924 ) Non-current portion: Deferred tax assets (liabilities): Depreciation (262,042 ) (353,115 ) Loss carried forward 4,562,785 7,645,386 Valuation allowance (4,562,785 ) (7,645,386 ) Subtotal (262,042 ) (353,115 ) Deferred tax liabilities: Accumulated other comprehensive gain - (1,240,467 ) Subtotal - (1,240,467 ) Total deferred tax assets – non-current portion (262,042 ) (1,593,582 ) Net deferred tax assets (liabilities) $ 666,618 (3,968,506 )
Summary of Income Tax Holiday [Table Text Block]	For the Six Months Ended June 30, (Unaudited) 2016 2015 Tax benefit (holiday) credit $ 209,878 $ 1,660,950 Basic net income per share effect $ 0.004 $ 0.036

STOCK AWARD (Tables)

STOCK AWARD (Tables)	6 Months Ended
	Jun. 30, 2016
Disclosure of Share-based Compensation Arrangements by Share-based Payment Award [Table Text Block]	Issue Date For Year Shares May 22, 2014 2013 801,163 April 15, 2015 / June 12, 2015 2014 670,000 April 13, 2016 2015 670,000

INTANGIBLE ASSETS (Tables)

INTANGIBLE ASSETS (Tables)	6 Months Ended
	Jun. 30, 2016
Schedule of Intangible Assets [Table Text Block]	June 30, December 31, Remaining 2016 2015 useful life Gross carrying amount: Trade name 5.5 years $ 492,235 $ 492,235 Customer relations 5.5 years 304,086 304,086 796,321 796,321 Less : Accumulated amortization Trade name $ (211,442 ) $ (186,069 ) Customer relations (130,621 ) (114,946 ) (342,063 ) (301,015 ) Intangible assets, net $ 454,258 $ 495,306
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]	2016(six months) $ 41,048 2017 82,095 2018 82,095 2019 82,095 2020 82,095 Thereafter 84,830 Total $ 454,258

SUMMARIZED INFORMATION OF EQU46

SUMMARIZED INFORMATION OF EQUITY METHOD INVESTMENT IN THE JV COMPANY (Tables)	3 Months Ended	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2016
Schedule of Combined Results of Condensed Income Statement Information [Table Text Block]	Three months ended June 30, 2016 2015 Condensed income statement information: Net sales $ 111,767,049 $ 68,952,347 Gross income 14,663,818 10,652,743 % of net sales 13.1% 15.4% Net income 8,626,568 1,585,902 % of net sales 7.7% 2.3% Company’s equity in net income of JV $ 4,313,284 $ 792,951	Six months ended June 30, 2016 2015 Condensed income statement information: Net sales $ 111,271,482 $ 99,517,343 Gross income 13,601,171 18,633,407 % of net sales 12.2% 18.7% Net income 558,120 2,389,123 % of net sales 0.5% 2.4% Company’s equity in net income of JV $ 279,060 $ 1,194,562
Schedule of Combined Results of Condensed Balance Sheet Information [Table Text Block]		June 30, December 31, 2016 2015 Condensed balance sheet information: Current assets $ 515,423,390 $ 455,368,595 Noncurrent assets 187,524,341 191,145,583 Total assets $ 702,947,731 $ 646,514,178 Current liabilities 480,254,843 429,487,683 Noncurrent liabilities 45,637,248 36,348,514 Equity 177,055,640 180,677,981 Total liabilities and equity $ 702,947,731 $ 646,514,178
Schedule of Changes in the Companys Investment [Table Text Block]		Six Months ended June 30, 2016 2015 Investment in JV Company, beginning of the period, $ 90,337,899 $ 83,309,095 Share of profit 279,060 1,194,561 Intercompany transaction elimination (183,981 ) (658,480 ) Year 2015 unrealized profit realized 1,084 184,442 Exchange difference (2,087,212 ) 336,842 Investment in JV Company, end of the period $ 88,346,850 $ 84,366,460
Schedule of Combined Results of Operations and Financial Position [Table Text Block]	Three Months ended June 30, 2016 2015 JV Company $ 41,919,634 $ - Kandi Changxing 1,657,335 17,633,894 Kandi Shanghai 3,766,230 27,869,812 Kandi Jinhua (5,197 ) 11,649 Kandi Jiangsu 130,813 - Total sales to JV $ 47,468,815 $ 45,515,355	Six Months ended June 30, 2016 2015 JV Company $ 55,005,270 $ - Kandi Changxing 1,817,932 35,239,196 Kandi Shanghai 3,924,432 37,729,131 Kandi Jinhua 47,067 1,602,032 Kandi Jiangsu 149,089 - Total sales to JV $ 60,943,790 $ 74,570,359
Schedule of Significant Balances [Table Text Block]		June 30, December 31, 2016 2015 Kandi Shanghai $ 3,494,808 $ (4,488,379 ) Kandi Changxing 18,456,112 3,249,445 Kandi Jinhua 5,284,593 6,218,177 Kandi Jiangsu 149,028 11,453 JV Company 95,422,624 71,181,775 Consolidated JV $ 122,807,165 $ 76,172,471

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Tables)	6 Months Ended
	Jun. 30, 2016
Schedule of Guarantees For Bank Loans [Table Text Block]	June 30, December 31, Guarantee provided to 2016 2015 Zhejiang Shuguang industrial Co., Ltd. 4,363,435 4,466,555 Nanlong Group Co., Ltd. 3,009,266 3,080,383 Kandi Electric Vehicles Group Co., Ltd. 48,900,565 50,056,216 Total $ 56,273,265 $ 57,603,154

SEGMENT REPORTING (Tables)

SEGMENT REPORTING (Tables)	3 Months Ended	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2016
Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas [Table Text Block]	Three Months Ended June 30, 2016 2015 Sales Revenue Percentage Sales Revenue Percentage Overseas $ 992,662 2% $ 1,157,676 2% China 54,224,706 98% 46,805,784 98% Total $ 55,217,368 100% $ 47,963,460 100%	Six Months Ended June 30, 2016 2015 Sales Revenue Percentage Sales Revenue Percentage Overseas $ 1,614,384 2% $ 1,944,172 2% China 104,260,877 98% 89,800,374 98% Total $ 105,875,261 100% $ 91,744,546 100%

Related Party Transactions (Tab

Related Party Transactions (Tables)	3 Months Ended	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2016
Schedule of Sales to Related Parties [Table Text Block]	June 30, June 30, 2016 2015 Service Company 769,065 - Total $ 769,065 -	June 30, June 30, 2016 2015 Service Company 3,977,568 - Total $ 3,977,568 -
Schedule of Related Party Transactions [Table Text Block]		June 30, December 31, 2016 2015 Service Company 10,957,632 40,606,162 Total due from related party $ 10,957,632 40,606,162

ORGANIZATION AND PRINCIPAL AC50

ORGANIZATION AND PRINCIPAL ACTIVITIES (Narrative) (Details)	6 Months Ended
	Jun. 30, 2016
Organization And Principal Activities 1	100.00%
Organization And Principal Activities 2	100.00%
Organization And Principal Activities 3	50.00%
Organization And Principal Activities 4	50.00%
Organization And Principal Activities 5	100.00%
Organization And Principal Activities 6	99.00%
Organization And Principal Activities 7	50.00%
Organization And Principal Activities 8	50.00%
Organization And Principal Activities 9	100.00%
Organization And Principal Activities 10	50.00%
Organization And Principal Activities 11	50.00%
Organization And Principal Activities 12	9.50%
Organization And Principal Activities 13	100.00%
Organization And Principal Activities 14	50.00%
Organization And Principal Activities 15	50.00%
Organization And Principal Activities 16	100.00%
Organization And Principal Activities 17	50.00%
Organization And Principal Activities 18	50.00%
Organization And Principal Activities 19	100.00%
Organization And Principal Activities 20	50.00%
Organization And Principal Activities 21	50.00%
Organization And Principal Activities 22	100.00%
Organization And Principal Activities 23	50.00%
Organization And Principal Activities 24	50.00%
Organization And Principal Activities 25	50.00%
Organization And Principal Activities 26	50.00%
Organization And Principal Activities 27	25.00%
Organization And Principal Activities 28	50.00%
Organization And Principal Activities 29	100.00%
Organization And Principal Activities 30	50.00%
Organization And Principal Activities 31	90.00%
Organization And Principal Activities 32	10.00%
Organization And Principal Activities 33	100.00%
Organization And Principal Activities 34	100.00%

LIQUIDITY (Narrative) (Details)

LIQUIDITY (Narrative) (Details)	6 Months Ended
	Jun. 30, 2016USD ($)
Liquidity 1	$ 67,423,665
Liquidity 2	7,506,512
Liquidity 3	59,917,153
Liquidity 4	$ 35,810,260

PRINCIPLES OF CONSOLIDATION (Na

PRINCIPLES OF CONSOLIDATION (Narrative) (Details)	6 Months Ended
	Jun. 30, 2016
Principles Of Consolidation 1	50.00%
Principles Of Consolidation 2	50.00%
Principles Of Consolidation 3	100.00%
Principles Of Consolidation 4	10.00%
Principles Of Consolidation 5	90.00%
Principles Of Consolidation 6	50.00%
Principles Of Consolidation 7	50.00%
Principles Of Consolidation 8	50.00%
Principles Of Consolidation 9	50.00%
Principles Of Consolidation 10	50.00%
Principles Of Consolidation 11	50.00%
Principles Of Consolidation 12	50.00%
Principles Of Consolidation 13	50.00%
Principles Of Consolidation 14	50.00%
Principles Of Consolidation 15	50.00%
Principles Of Consolidation 16	50.00%
Principles Of Consolidation 17	50.00%
Principles Of Consolidation 18	50.00%
Principles Of Consolidation 19	25.00%
Principles Of Consolidation 20	50.00%
Principles Of Consolidation 21	50.00%

SUMMARY OF SIGNIFICANT ACCOUN53

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Narrative) (Details) - 6 months ended Jun. 30, 2016 ¥ in Millions	USD ($)dmoyr	CNY (¥)dmoyr
Summary Of Significant Accounting Policies 1	$ 4,718,077
Summary Of Significant Accounting Policies 2	3,850,478
Summary Of Significant Accounting Policies 3	10,692
Summary Of Significant Accounting Policies 4	3,823,590
Summary Of Significant Accounting Policies 5	14,519,706
Summary Of Significant Accounting Policies 6	$ 16,172,009
Summary Of Significant Accounting Policies 7	150	150
Summary Of Significant Accounting Policies 8 | d	180	180
Summary Of Significant Accounting Policies 9	3.06%	3.06%
Summary Of Significant Accounting Policies 10	6,192,424	6,192,424
Summary Of Significant Accounting Policies 11	4,128,261	4,128,261
Summary Of Significant Accounting Policies 12 | mo	3	3
Summary Of Significant Accounting Policies 13	2,064,163	2,064,163
Summary Of Significant Accounting Policies 14 | mo	3	3
Summary Of Significant Accounting Policies 15 | ¥		¥ 353
Summary Of Significant Accounting Policies 16	$ 53,113,537
Summary Of Significant Accounting Policies 17	10,532,429
Summary Of Significant Accounting Policies 18	494,193
Summary Of Significant Accounting Policies 19	571,621
Summary Of Significant Accounting Policies 20	700,161
Summary Of Significant Accounting Policies 21	1,142,641
Summary Of Significant Accounting Policies 22	1,503,384
Summary Of Significant Accounting Policies 23	92,863
Summary Of Significant Accounting Policies 24	1,697,857
Summary Of Significant Accounting Policies 25	92,863
Summary Of Significant Accounting Policies 26	4,998,817
Summary Of Significant Accounting Policies 27	2,036,555
Summary Of Significant Accounting Policies 28	11,108,483
Summary Of Significant Accounting Policies 29	$ 2,036,555
Summary Of Significant Accounting Policies 30 | yr	9.7	9.7
Summary Of Significant Accounting Policies 31	50.00%	50.00%
Summary Of Significant Accounting Policies 32	100.00%	100.00%

CONCENTRATIONS (Narrative) (Det

CONCENTRATIONS (Narrative) (Details)	6 Months Ended
	Jun. 30, 2016
Concentrations 1	10.00%
Concentrations 2	10.00%
Concentrations 3	10.00%
Concentrations 4	10.00%

EARNINGS PER SHARE (Narrative)

EARNINGS PER SHARE (Narrative) (Details)	6 Months Ended
	Jun. 30, 2016shares
Earnings Per Share 1	0
Earnings Per Share 2	137,158
Earnings Per Share 3	6,024
Earnings Per Share 4	276,572
Earnings Per Share 5	5,106,395
Earnings Per Share 6	1,076,679

PROPERTY, PLANT AND EQUIPMENT56

PROPERTY, PLANT AND EQUIPMENT (Narrative) (Details)	6 Months Ended
	Jun. 30, 2016USD ($)
Property, Plant And Equipment 1	$ 9,497,645
Property, Plant And Equipment 2	9,949,661
Property, Plant And Equipment 3	2,263,277
Property, Plant And Equipment 4	2,719,388
Property, Plant And Equipment 5	1,130,545
Property, Plant And Equipment 6	$ 1,357,907

LAND USE RIGHTS (Narrative) (De

LAND USE RIGHTS (Narrative) (Details)	6 Months Ended
	Jun. 30, 2016USD ($)
Land Use Rights 1	$ 9,173,333
Land Use Rights 2	9,512,598
Land Use Rights 3	153,836
Land Use Rights 4	195,227
Land Use Rights 5	83,849
Land Use Rights 6	$ 97,848

CONSTRUCTION-IN-PROGRESS (Narra

CONSTRUCTION-IN-PROGRESS (Narrative) (Details) - 6 months ended Jun. 30, 2016	USD ($)	CNY (¥)
Construction-in-progress 1 | ¥		¥ 353,000,000
Construction-in-progress 2	$ 53,113,537
Construction-in-progress 3	54,448,198
Construction-in-progress 4	$ 54,368,753

SHORT TERM BANK LOANS (Narrativ

SHORT TERM BANK LOANS (Narrative) (Details)	6 Months Ended
	Jun. 30, 2016USD ($)
Short Term Bank Loans 1	$ 874,397
Short Term Bank Loans 2	1,195,911
Short Term Bank Loans 3	432,318
Short Term Bank Loans 4	597,320
Short Term Bank Loans 5	$ 0

NOTES PAYABLE (Narrative) (Deta

NOTES PAYABLE (Narrative) (Details)	6 Months Ended
	Jun. 30, 2016USD ($)
Notes Payable 1	$ 4,718,077
Notes Payable 2	$ 3,850,478

TAXES (Narrative) (Details)

TAXES (Narrative) (Details)	6 Months Ended
	Jun. 30, 2016
Taxes 1	15.00%
Taxes 2	25.00%
Taxes 3	16.60%
Taxes 4	49.58%
Taxes 5	25.00%
Taxes 6	12.60%
Taxes 7	34.00%
Taxes 8	25.00%
Taxes 9	25.00%

STOCK OPTIONS AND WARRANTS (Nar

STOCK OPTIONS AND WARRANTS (Narrative) (Details)	6 Months Ended
	Jun. 30, 2016USD ($)yr$ / sharesshares
Stock Options And Warrants 1 | shares	4,900,000
Stock Options And Warrants 2	$ 9.72
Stock Options And Warrants 3 | $	$ 39,990,540
Stock Options And Warrants 4	90.00%
Stock Options And Warrants 5 | yr	10
Stock Options And Warrants 6	2.23%
Stock Options And Warrants 7	0.00%
Stock Options And Warrants 8 | $	$ 11,108,483
Stock Options And Warrants 9 | shares	4,900,000
Stock Options And Warrants 10	$ 8.1613
Stock Options And Warrants 11 | shares	4,376,036
Stock Options And Warrants 12	$ 6.03
Stock Options And Warrants 13 | shares	1,750,415
Stock Options And Warrants 14	$ 7.24
Stock Options And Warrants 15 | shares	728,936
Stock Options And Warrants 16	$ 7.24
Stock Options And Warrants 17 | shares	291,574
Stock Options And Warrants 18 | $	$ 8.69
Stock Options And Warrants 19 | shares	262,562
Stock Options And Warrants 20	$ 0.03
Stock Options And Warrants 21	$ 7.24
Stock Options And Warrants 22 | shares	1,429,393
Stock Options And Warrants 23	$ 15
Stock Options And Warrants 24 | $	$ 14,294
Stock Options And Warrants 25 | $	0.01
Stock Options And Warrants 26 | $	$ 14.99
Stock Options And Warrants 27 | shares	606,000
Stock Options And Warrants 28	$ 18.24
Stock Options And Warrants 29 | $	$ 11,053,440
Stock Options And Warrants 30 | shares	90,900
Stock Options And Warrants 31	$ 22.80
Stock Options And Warrants 32 | shares	36,360
Stock Options And Warrants 33	$ 22.80
Stock Options And Warrants 34 | $	$ 9.72
Stock Options And Warrants 35	44,783
Stock Options And Warrants 36 | shares	4,127,908
Stock Options And Warrants 37	$ 17.20
Stock Options And Warrants 38 | $	$ 71,000,000
Stock Options And Warrants 39 | shares	743,024
Stock Options And Warrants 40	$ 21.50
Stock Options And Warrants 41 | $	$ 9.72
Stock Options And Warrants 42 | shares	206,395
Stock Options And Warrants 43	$ 20.64
Stock Options And Warrants 44	9.72
Stock Options And Warrants 45	$ 0.01
Stock Options And Warrants 46 | $	$ 0.0085

STOCK AWARD (Narrative) (Detail

STOCK AWARD (Narrative) (Details)	6 Months Ended
	Jun. 30, 2016USD ($)shares
Stock Award 1	5,000
Stock Award 2	5,000
Stock Award 3	5,000
Stock Award 4	335,000
Stock Award 5	10.00%
Stock Award 6	10.00%
Stock Award 7	10.00%
Stock Award 8	10.00%
Stock Award 9	10.00%
Stock Award 10	200.00%
Stock Award 11	9,000,000
Stock Award 12 | $	$ 4,003,250

INTANGIBLE ASSETS (Narrative) (

INTANGIBLE ASSETS (Narrative) (Details)	6 Months Ended
	Jun. 30, 2016USD ($)
Intangible Assets 1	$ 20,524
Intangible Assets 2	20,524
Intangible Assets 3	41,048
Intangible Assets 4	$ 41,048

SUMMARIZED INFORMATION OF EQU65

SUMMARIZED INFORMATION OF EQUITY METHOD INVESTMENT IN THE JV COMPANY (Narrative) (Details)	6 Months Ended
	Jun. 30, 2016USD ($)shares
Summarized Information Of Equity Method Investment In The Jv Company 1	99.00%
Summarized Information Of Equity Method Investment In The Jv Company 2	50.00%
Summarized Information Of Equity Method Investment In The Jv Company 3	100.00%
Summarized Information Of Equity Method Investment In The Jv Company 4	50.00%
Summarized Information Of Equity Method Investment In The Jv Company 5	50.00%
Summarized Information Of Equity Method Investment In The Jv Company 6	100.00%
Summarized Information Of Equity Method Investment In The Jv Company 7	50.00%
Summarized Information Of Equity Method Investment In The Jv Company 8	50.00%
Summarized Information Of Equity Method Investment In The Jv Company 9	100.00%
Summarized Information Of Equity Method Investment In The Jv Company 10	50.00%
Summarized Information Of Equity Method Investment In The Jv Company 11	50.00%
Summarized Information Of Equity Method Investment In The Jv Company 12	100.00%
Summarized Information Of Equity Method Investment In The Jv Company 13	50.00%
Summarized Information Of Equity Method Investment In The Jv Company 14	50.00%
Summarized Information Of Equity Method Investment In The Jv Company 15	100.00%
Summarized Information Of Equity Method Investment In The Jv Company 16	50.00%
Summarized Information Of Equity Method Investment In The Jv Company 17	50.00%
Summarized Information Of Equity Method Investment In The Jv Company 18	19.00%
Summarized Information Of Equity Method Investment In The Jv Company 19	9.50%
Summarized Information Of Equity Method Investment In The Jv Company 20	50.00%
Summarized Information Of Equity Method Investment In The Jv Company 21	50.00%
Summarized Information Of Equity Method Investment In The Jv Company 22	25.00%
Summarized Information Of Equity Method Investment In The Jv Company 23	100.00%
Summarized Information Of Equity Method Investment In The Jv Company 24	50.00%
Summarized Information Of Equity Method Investment In The Jv Company 25	50.00%
Summarized Information Of Equity Method Investment In The Jv Company 26	100.00%
Summarized Information Of Equity Method Investment In The Jv Company 27	100.00%
Summarized Information Of Equity Method Investment In The Jv Company 28	100.00%
Summarized Information Of Equity Method Investment In The Jv Company 29	100.00%
Summarized Information Of Equity Method Investment In The Jv Company 30	100.00%
Summarized Information Of Equity Method Investment In The Jv Company 31	100.00%
Summarized Information Of Equity Method Investment In The Jv Company 32	50.00%
Summarized Information Of Equity Method Investment In The Jv Company 33	50.00%
Summarized Information Of Equity Method Investment In The Jv Company 34	100.00%
Summarized Information Of Equity Method Investment In The Jv Company 35 | shares	7,200
Summarized Information Of Equity Method Investment In The Jv Company 36 | shares	2,128
Summarized Information Of Equity Method Investment In The Jv Company 37	50.00%
Summarized Information Of Equity Method Investment In The Jv Company 38	$ 47,468,815
Summarized Information Of Equity Method Investment In The Jv Company 39	86.00%
Summarized Information Of Equity Method Investment In The Jv Company 40	4.30%
Summarized Information Of Equity Method Investment In The Jv Company 41	$ 60,943,790
Summarized Information Of Equity Method Investment In The Jv Company 42	58.00%
Summarized Information Of Equity Method Investment In The Jv Company 43	18.30%
Summarized Information Of Equity Method Investment In The Jv Company 44	$ 122,807,165
Summarized Information Of Equity Method Investment In The Jv Company 45	76,172,471
Summarized Information Of Equity Method Investment In The Jv Company 46	$ 22,569,491.46
Summarized Information Of Equity Method Investment In The Jv Company 47	8.70%

COMMITMENTS AND CONTINGENCIES66

COMMITMENTS AND CONTINGENCIES (Narrative) (Details)	6 Months Ended
	Jun. 30, 2016USD ($)
Commitments And Contingencies 1	$ 3,009,266
Commitments And Contingencies 2	11,284,746
Commitments And Contingencies 3	4,363,435
Commitments And Contingencies 4	37,615,819
Commitments And Contingencies 5	56,273,265
Commitments And Contingencies 6	$ 57,603,154

Related Party Transactions (Nar

Related Party Transactions (Narrative) (Details)	6 Months Ended
	Jun. 30, 2016
Related Party Transactions 1	9.50%
Related Party Transactions 2	13.00%

Schedule of Average Foreign Cur

Schedule of Average Foreign Currency Exchange Rates (Details)	6 Months Ended
	Jun. 30, 2016
Summary Of Significant Accounting Policies Schedule Of Average Foreign Currency Exchange Rates 1	6.64614
Summary Of Significant Accounting Policies Schedule Of Average Foreign Currency Exchange Rates 2	6.49270
Summary Of Significant Accounting Policies Schedule Of Average Foreign Currency Exchange Rates 3	6.12880
Summary Of Significant Accounting Policies Schedule Of Average Foreign Currency Exchange Rates 4	6.53738
Summary Of Significant Accounting Policies Schedule Of Average Foreign Currency Exchange Rates 5	6.24010
Summary Of Significant Accounting Policies Schedule Of Average Foreign Currency Exchange Rates 6	6.13810

Schedule of Revenue and Account

Schedule of Revenue and Accounts Receivable Percentage by Major Customers (Details) - USD ($)	3 Months Ended	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2016
Concentrations Schedule Of Revenue And Accounts Receivable Percentage By Major Customers 1		52.00%
Concentrations Schedule Of Revenue And Accounts Receivable Percentage By Major Customers 2		$ 0
Concentrations Schedule Of Revenue And Accounts Receivable Percentage By Major Customers 3		46.00%
Concentrations Schedule Of Revenue And Accounts Receivable Percentage By Major Customers 4		46.00%
Concentrations Schedule Of Revenue And Accounts Receivable Percentage By Major Customers 5		33.00%
Concentrations Schedule Of Revenue And Accounts Receivable Percentage By Major Customers 6		$ 0
Concentrations Schedule Of Revenue And Accounts Receivable Percentage By Major Customers 7		23.00%
Concentrations Schedule Of Revenue And Accounts Receivable Percentage By Major Customers 8		$ 0
Concentrations Schedule Of Revenue And Accounts Receivable Percentage By Major Customers 1	76.00%
Concentrations Schedule Of Revenue And Accounts Receivable Percentage By Major Customers 2	$ 0
Concentrations Schedule Of Revenue And Accounts Receivable Percentage By Major Customers 3	46.00%
Concentrations Schedule Of Revenue And Accounts Receivable Percentage By Major Customers 4	46.00%
Concentrations Schedule Of Revenue And Accounts Receivable Percentage By Major Customers 5	10.00%
Concentrations Schedule Of Revenue And Accounts Receivable Percentage By Major Customers 6	$ 0
Concentrations Schedule Of Revenue And Accounts Receivable Percentage By Major Customers 7	23.00%
Concentrations Schedule Of Revenue And Accounts Receivable Percentage By Major Customers 8	$ 0

Schedule of Purchases and Accou

Schedule of Purchases and Accounts Payable Percentage by Major Suppliers (Details) - USD ($)	3 Months Ended	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2016
Concentrations Schedule Of Purchases And Accounts Payable Percentage By Major Suppliers 1		47.00%
Concentrations Schedule Of Purchases And Accounts Payable Percentage By Major Suppliers 2		12.00%
Concentrations Schedule Of Purchases And Accounts Payable Percentage By Major Suppliers 3		26.00%
Concentrations Schedule Of Purchases And Accounts Payable Percentage By Major Suppliers 4		15.00%
Concentrations Schedule Of Purchases And Accounts Payable Percentage By Major Suppliers 5		22.00%
Concentrations Schedule Of Purchases And Accounts Payable Percentage By Major Suppliers 6		21.00%
Concentrations Schedule Of Purchases And Accounts Payable Percentage By Major Suppliers 7		19.00%
Concentrations Schedule Of Purchases And Accounts Payable Percentage By Major Suppliers 8		24.00%
Concentrations Schedule Of Purchases And Accounts Payable Percentage By Major Suppliers 9		10.00%
Concentrations Schedule Of Purchases And Accounts Payable Percentage By Major Suppliers 10		$ 0
Concentrations Schedule Of Purchases And Accounts Payable Percentage By Major Suppliers 11		8.00%
Concentrations Schedule Of Purchases And Accounts Payable Percentage By Major Suppliers 12		$ 0
Concentrations Schedule Of Purchases And Accounts Payable Percentage By Major Suppliers 1	47.00%
Concentrations Schedule Of Purchases And Accounts Payable Percentage By Major Suppliers 2	14.00%
Concentrations Schedule Of Purchases And Accounts Payable Percentage By Major Suppliers 3	26.00%
Concentrations Schedule Of Purchases And Accounts Payable Percentage By Major Suppliers 4	15.00%
Concentrations Schedule Of Purchases And Accounts Payable Percentage By Major Suppliers 5	14.00%
Concentrations Schedule Of Purchases And Accounts Payable Percentage By Major Suppliers 6	$ 0
Concentrations Schedule Of Purchases And Accounts Payable Percentage By Major Suppliers 7	8.00%
Concentrations Schedule Of Purchases And Accounts Payable Percentage By Major Suppliers 8	$ 0
Concentrations Schedule Of Purchases And Accounts Payable Percentage By Major Suppliers 9	12.00%
Concentrations Schedule Of Purchases And Accounts Payable Percentage By Major Suppliers 10	$ 0
Concentrations Schedule Of Purchases And Accounts Payable Percentage By Major Suppliers 11	19.00%
Concentrations Schedule Of Purchases And Accounts Payable Percentage By Major Suppliers 12	24.00%

Schedule of Earnings Per Share,

Schedule of Earnings Per Share, Basic and Diluted (Details)	3 Months Ended	6 Months Ended
	Jun. 30, 2016USD ($)	Jun. 30, 2016USD ($)
Earnings Per Share Schedule Of Earnings Per Share, Basic And Diluted 1		$ 2,881,600
Earnings Per Share Schedule Of Earnings Per Share, Basic And Diluted 2		11,557,155
Earnings Per Share Schedule Of Earnings Per Share, Basic And Diluted 3		47,305,560
Earnings Per Share Schedule Of Earnings Per Share, Basic And Diluted 4		46,523,584
Earnings Per Share Schedule Of Earnings Per Share, Basic And Diluted 5		6,024
Earnings Per Share Schedule Of Earnings Per Share, Basic And Diluted 6		276,572
Earnings Per Share Schedule Of Earnings Per Share, Basic And Diluted 7		47,311,584
Earnings Per Share Schedule Of Earnings Per Share, Basic And Diluted 8		$ 46,800,156
Earnings Per Share Schedule Of Earnings Per Share, Basic And Diluted 9		0.06
Earnings Per Share Schedule Of Earnings Per Share, Basic And Diluted 10		0.25
Earnings Per Share Schedule Of Earnings Per Share, Basic And Diluted 11		0.06
Earnings Per Share Schedule Of Earnings Per Share, Basic And Diluted 12		0.25
Earnings Per Share Schedule Of Earnings Per Share, Basic And Diluted 1	$ 2,793,180
Earnings Per Share Schedule Of Earnings Per Share, Basic And Diluted 2	5,425,502
Earnings Per Share Schedule Of Earnings Per Share, Basic And Diluted 3	47,601,286
Earnings Per Share Schedule Of Earnings Per Share, Basic And Diluted 4	46,759,651
Earnings Per Share Schedule Of Earnings Per Share, Basic And Diluted 5	0
Earnings Per Share Schedule Of Earnings Per Share, Basic And Diluted 6	137,158
Earnings Per Share Schedule Of Earnings Per Share, Basic And Diluted 7	47,601,286
Earnings Per Share Schedule Of Earnings Per Share, Basic And Diluted 8	$ 46,896,809
Earnings Per Share Schedule Of Earnings Per Share, Basic And Diluted 9	0.06
Earnings Per Share Schedule Of Earnings Per Share, Basic And Diluted 10	0.12
Earnings Per Share Schedule Of Earnings Per Share, Basic And Diluted 11	0.06
Earnings Per Share Schedule Of Earnings Per Share, Basic And Diluted 12	0.12

Schedule of Accounts Receivable

Schedule of Accounts Receivable (Details)	6 Months Ended
	Jun. 30, 2016USD ($)
Accounts Receivable Schedule Of Accounts Receivable 1	$ 40,422,951
Accounts Receivable Schedule Of Accounts Receivable 2	8,136,421
Accounts Receivable Schedule Of Accounts Receivable 3	0
Accounts Receivable Schedule Of Accounts Receivable 4	0
Accounts Receivable Schedule Of Accounts Receivable 5	40,422,951
Accounts Receivable Schedule Of Accounts Receivable 6	$ 8,136,421

Schedule of Inventories (Detail

Schedule of Inventories (Details)	6 Months Ended
	Jun. 30, 2016USD ($)
Inventories Schedule Of Inventories 1	$ 5,363,410
Inventories Schedule Of Inventories 2	8,509,421
Inventories Schedule Of Inventories 3	787,157
Inventories Schedule Of Inventories 4	1,648,498
Inventories Schedule Of Inventories 5	2,648,292
Inventories Schedule Of Inventories 6	8,101,661
Inventories Schedule Of Inventories 7	8,798,859
Inventories Schedule Of Inventories 8	18,259,580
Inventories Schedule Of Inventories 9	(474,683)
Inventories Schedule Of Inventories 10	(485,901)
Inventories Schedule Of Inventories 11	8,324,176
Inventories Schedule Of Inventories 12	$ 17,773,679

Schedule of Notes Receivable (D

Schedule of Notes Receivable (Details)	6 Months Ended
	Jun. 30, 2016USD ($)
Notes Receivable Schedule Of Notes Receivable 1	7.20%
Notes Receivable Schedule Of Notes Receivable 2	$ 5,461,624
Notes Receivable Schedule Of Notes Receivable 3	10,578,574
Notes Receivable Schedule Of Notes Receivable 4	730,800
Notes Receivable Schedule Of Notes Receivable 5	2,454,741
Notes Receivable Schedule Of Notes Receivable 6	6,192,424
Notes Receivable Schedule Of Notes Receivable 7	$ 13,033,315

Schedule of Details of Notes Re

Schedule of Details of Notes Receivable (Details) - USD ($)	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Notes Receivable Schedule Of Details Of Notes Receivable 1	$ 5,461,624
Notes Receivable Schedule Of Details Of Notes Receivable 2	300,927
Notes Receivable Schedule Of Details Of Notes Receivable 3	$ 429,874
Notes Receivable Schedule Of Details Of Notes Receivable 1		$ 10,578,574
Notes Receivable Schedule Of Details Of Notes Receivable 2		1,871,332
Notes Receivable Schedule Of Details Of Notes Receivable 3		59,744
Notes Receivable Schedule Of Details Of Notes Receivable 4		$ 523,665

Schedule of Plant and Equipment

Schedule of Plant and Equipment (Details)	6 Months Ended
	Jun. 30, 2016USD ($)
Property, Plant And Equipment Schedule Of Plant And Equipment 1	$ 13,562,688
Property, Plant And Equipment Schedule Of Plant And Equipment 2	13,883,211
Property, Plant And Equipment Schedule Of Plant And Equipment 3	7,534,141
Property, Plant And Equipment Schedule Of Plant And Equipment 4	7,804,097
Property, Plant And Equipment Schedule Of Plant And Equipment 5	479,883
Property, Plant And Equipment Schedule Of Plant And Equipment 6	395,328
Property, Plant And Equipment Schedule Of Plant And Equipment 7	327,487
Property, Plant And Equipment Schedule Of Plant And Equipment 8	335,227
Property, Plant And Equipment Schedule Of Plant And Equipment 9	32,171,443
Property, Plant And Equipment Schedule Of Plant And Equipment 10	32,931,740
Property, Plant And Equipment Schedule Of Plant And Equipment 11	54,075,642
Property, Plant And Equipment Schedule Of Plant And Equipment 12	55,349,603
Property, Plant And Equipment Schedule Of Plant And Equipment 13	(3,897,932)
Property, Plant And Equipment Schedule Of Plant And Equipment 14	(3,755,582)
Property, Plant And Equipment Schedule Of Plant And Equipment 15	(6,995,127)
Property, Plant And Equipment Schedule Of Plant And Equipment 16	(7,108,925)
Property, Plant And Equipment Schedule Of Plant And Equipment 17	(242,463)
Property, Plant And Equipment Schedule Of Plant And Equipment 18	(249,378)
Property, Plant And Equipment Schedule Of Plant And Equipment 19	(276,929)
Property, Plant And Equipment Schedule Of Plant And Equipment 20	(271,495)
Property, Plant And Equipment Schedule Of Plant And Equipment 21	(24,748,739)
Property, Plant And Equipment Schedule Of Plant And Equipment 22	(23,385,363)
Property, Plant And Equipment Schedule Of Plant And Equipment 23	(36,161,190)
Property, Plant And Equipment Schedule Of Plant And Equipment 24	(34,770,743)
Property, Plant And Equipment Schedule Of Plant And Equipment 25	(52,492)
Property, Plant And Equipment Schedule Of Plant And Equipment 26	(53,734)
Property, Plant And Equipment Schedule Of Plant And Equipment 27	17,861,960
Property, Plant And Equipment Schedule Of Plant And Equipment 28	$ 20,525,126

Schedule of Land Use Rights (De

Schedule of Land Use Rights (Details)	6 Months Ended
	Jun. 30, 2016USD ($)
Land Use Rights Schedule Of Land Use Rights 1	$ 14,924,256
Land Use Rights Schedule Of Land Use Rights 2	15,276,957
Land Use Rights Schedule Of Land Use Rights 3	(2,452,638)
Land Use Rights Schedule Of Land Use Rights 4	(2,341,836)
Land Use Rights Schedule Of Land Use Rights 5	12,471,618
Land Use Rights Schedule Of Land Use Rights 6	$ 12,935,121

Schedule of Land Use Rights Exp

Schedule of Land Use Rights Expected Amortization Expense (Details)	6 Months Ended
	Jun. 30, 2016USD ($)
Land Use Rights Schedule Of Land Use Rights Expected Amortization Expense 1	$ 153,836
Land Use Rights Schedule Of Land Use Rights Expected Amortization Expense 2	307,672
Land Use Rights Schedule Of Land Use Rights Expected Amortization Expense 3	307,672
Land Use Rights Schedule Of Land Use Rights Expected Amortization Expense 4	307,672
Land Use Rights Schedule Of Land Use Rights Expected Amortization Expense 5	307,672
Land Use Rights Schedule Of Land Use Rights Expected Amortization Expense 6	11,087,094
Land Use Rights Schedule Of Land Use Rights Expected Amortization Expense 7	$ 12,471,618

Schedule of Construction in Pro

Schedule of Construction in Progress (Details)	6 Months Ended
	Jun. 30, 2016USD ($)
Construction-in-progress Schedule Of Construction In Progress 1	$ 54,448,198
Construction-in-progress Schedule Of Construction In Progress 2	6,319,458
Construction-in-progress Schedule Of Construction In Progress 3	60,767,655
Construction-in-progress Schedule Of Construction In Progress 4	54,448,198
Construction-in-progress Schedule Of Construction In Progress 5	6,319,458
Construction-in-progress Schedule Of Construction In Progress 6	$ 60,767,655

Schedule of Short-term Bank Loa

Schedule of Short-term Bank Loans (Details)	6 Months Ended
	Jun. 30, 2016USD ($)
Short Term Bank Loans Schedule Of Short-term Bank Loans 1	4.698%
Short Term Bank Loans Schedule Of Short-term Bank Loans 2	$ 11,736,136
Short Term Bank Loans Schedule Of Short-term Bank Loans 3	$ 12,013,492
Short Term Bank Loans Schedule Of Short-term Bank Loans 4	4.60%
Short Term Bank Loans Schedule Of Short-term Bank Loans 5	$ 7,342,608
Short Term Bank Loans Schedule Of Short-term Bank Loans 6	$ 7,516,134
Short Term Bank Loans Schedule Of Short-term Bank Loans 7	4.82%
Short Term Bank Loans Schedule Of Short-term Bank Loans 8	$ 7,523,164
Short Term Bank Loans Schedule Of Short-term Bank Loans 9	$ 7,700,956
Short Term Bank Loans Schedule Of Short-term Bank Loans 10	4.85%
Short Term Bank Loans Schedule Of Short-term Bank Loans 11	$ 3,340,285
Short Term Bank Loans Schedule Of Short-term Bank Loans 12	$ 3,419,225
Short Term Bank Loans Schedule Of Short-term Bank Loans 13	4.35%
Short Term Bank Loans Schedule Of Short-term Bank Loans 14	$ 5,868,068
Short Term Bank Loans Schedule Of Short-term Bank Loans 15	$ 0
Short Term Bank Loans Schedule Of Short-term Bank Loans 16	5.35%
Short Term Bank Loans Schedule Of Short-term Bank Loans 17	$ 0
Short Term Bank Loans Schedule Of Short-term Bank Loans 18	6,006,746
Short Term Bank Loans Schedule Of Short-term Bank Loans 19	35,810,260
Short Term Bank Loans Schedule Of Short-term Bank Loans 20	$ 36,656,553

Schedule of Notes Payable (Deta

Schedule of Notes Payable (Details)	6 Months Ended
	Jun. 30, 2016USD ($)
Notes Payable Schedule Of Notes Payable 1	$ 31
Notes Payable Schedule Of Notes Payable 2	0
Notes Payable Schedule Of Notes Payable 3	2,310,287
Notes Payable Schedule Of Notes Payable 4	0
Notes Payable Schedule Of Notes Payable 5	1,540,191
Notes Payable Schedule Of Notes Payable 6	1,504,633
Notes Payable Schedule Of Notes Payable 7	0
Notes Payable Schedule Of Notes Payable 8	225,695
Notes Payable Schedule Of Notes Payable 9	0
Notes Payable Schedule Of Notes Payable 10	150,463
Notes Payable Schedule Of Notes Payable 11	0
Notes Payable Schedule Of Notes Payable 12	150,463
Notes Payable Schedule Of Notes Payable 13	0
Notes Payable Schedule Of Notes Payable 14	2,256,949
Notes Payable Schedule Of Notes Payable 15	0
Notes Payable Schedule Of Notes Payable 16	429,874
Notes Payable Schedule Of Notes Payable 17	0
Notes Payable Schedule Of Notes Payable 18	4,718,077
Notes Payable Schedule Of Notes Payable 19	$ 3,850,478

Schedule of Net Corporate Incom

Schedule of Net Corporate Income Tax (Details)	6 Months Ended
	Jun. 30, 2016
Taxes Schedule Of Net Corporate Income Tax 1	15.00%
Taxes Schedule Of Net Corporate Income Tax 2	25.00%
Taxes Schedule Of Net Corporate Income Tax 3	25.00%
Taxes Schedule Of Net Corporate Income Tax 4	25.00%
Taxes Schedule Of Net Corporate Income Tax 5	25.00%

Schedule of Components of Incom

Schedule of Components of Income Tax Expense (Benefit) (Details)	6 Months Ended
	Jun. 30, 2016USD ($)
Taxes Schedule Of Components Of Income Tax Expense (benefit) 1	$ 4,408,966
Taxes Schedule Of Components Of Income Tax Expense (benefit) 2	2,137,524
Taxes Schedule Of Components Of Income Tax Expense (benefit) 3	0
Taxes Schedule Of Components Of Income Tax Expense (benefit) 4	0
Taxes Schedule Of Components Of Income Tax Expense (benefit) 5	(4,645,415)
Taxes Schedule Of Components Of Income Tax Expense (benefit) 6	0
Taxes Schedule Of Components Of Income Tax Expense (benefit) 7	(236,449)
Taxes Schedule Of Components Of Income Tax Expense (benefit) 8	$ 2,137,524

Schedule of Expected Components

Schedule of Expected Components of Income Tax Expense (Benefit) (Details)	6 Months Ended
	Jun. 30, 2016USD ($)
Taxes Schedule Of Expected Components Of Income Tax Expense (benefit) 1	$ (4,690,864)
Taxes Schedule Of Expected Components Of Income Tax Expense (benefit) 2	2,021,518
Taxes Schedule Of Expected Components Of Income Tax Expense (benefit) 3	(209,878)
Taxes Schedule Of Expected Components Of Income Tax Expense (benefit) 4	(1,660,950)
Taxes Schedule Of Expected Components Of Income Tax Expense (benefit) 5	101,508
Taxes Schedule Of Expected Components Of Income Tax Expense (benefit) 6	161,304
Taxes Schedule Of Expected Components Of Income Tax Expense (benefit) 7	4,562,785
Taxes Schedule Of Expected Components Of Income Tax Expense (benefit) 8	1,615,652
Taxes Schedule Of Expected Components Of Income Tax Expense (benefit) 9	(236,449)
Taxes Schedule Of Expected Components Of Income Tax Expense (benefit) 10	$ 2,137,524

Schedule of Deferred Tax Assets

Schedule of Deferred Tax Assets and Liabilities (Details)	6 Months Ended
	Jun. 30, 2016USD ($)
Taxes Schedule Of Deferred Tax Assets And Liabilities 1	$ (165,841)
Taxes Schedule Of Deferred Tax Assets And Liabilities 2	(272,953)
Taxes Schedule Of Deferred Tax Assets And Liabilities 3	(165,841)
Taxes Schedule Of Deferred Tax Assets And Liabilities 4	(272,953)
Taxes Schedule Of Deferred Tax Assets And Liabilities 5	1,094,501
Taxes Schedule Of Deferred Tax Assets And Liabilities 6	290,850
Taxes Schedule Of Deferred Tax Assets And Liabilities 7	0
Taxes Schedule Of Deferred Tax Assets And Liabilities 8	(2,392,821)
Taxes Schedule Of Deferred Tax Assets And Liabilities 9	1,094,501
Taxes Schedule Of Deferred Tax Assets And Liabilities 10	(2,101,971)
Taxes Schedule Of Deferred Tax Assets And Liabilities 11	928,660
Taxes Schedule Of Deferred Tax Assets And Liabilities 12	(2,374,924)
Taxes Schedule Of Deferred Tax Assets And Liabilities 13	(262,042)
Taxes Schedule Of Deferred Tax Assets And Liabilities 14	(353,115)
Taxes Schedule Of Deferred Tax Assets And Liabilities 15	4,562,785
Taxes Schedule Of Deferred Tax Assets And Liabilities 16	7,645,386
Taxes Schedule Of Deferred Tax Assets And Liabilities 17	(4,562,785)
Taxes Schedule Of Deferred Tax Assets And Liabilities 18	(7,645,386)
Taxes Schedule Of Deferred Tax Assets And Liabilities 19	(262,042)
Taxes Schedule Of Deferred Tax Assets And Liabilities 20	(353,115)
Taxes Schedule Of Deferred Tax Assets And Liabilities 21	0
Taxes Schedule Of Deferred Tax Assets And Liabilities 22	(1,240,467)
Taxes Schedule Of Deferred Tax Assets And Liabilities 23	0
Taxes Schedule Of Deferred Tax Assets And Liabilities 24	(1,240,467)
Taxes Schedule Of Deferred Tax Assets And Liabilities 25	(262,042)
Taxes Schedule Of Deferred Tax Assets And Liabilities 26	(1,593,582)
Taxes Schedule Of Deferred Tax Assets And Liabilities 27	666,618
Taxes Schedule Of Deferred Tax Assets And Liabilities 28	$ (3,968,506)

Summary of Income Tax Holiday (

Summary of Income Tax Holiday (Details)	6 Months Ended
	Jun. 30, 2016USD ($)
Taxes Summary Of Income Tax Holiday 1	$ 209,878
Taxes Summary Of Income Tax Holiday 2	$ 1,660,950
Taxes Summary Of Income Tax Holiday 3	0.004
Taxes Summary Of Income Tax Holiday 4	0.036

Disclosure of Share-based Compe

Disclosure of Share-based Compensation Arrangements by Share-based Payment Award (Details)	6 Months Ended
	Jun. 30, 2016USD ($)
Stock Award Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 1	$ 801,163
Stock Award Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 2	670,000
Stock Award Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 3	$ 670,000

Schedule of Intangible Assets (

Schedule of Intangible Assets (Details)	6 Months Ended
	Jun. 30, 2016USD ($)yr
Intangible Assets Schedule Of Intangible Assets 1 | yr	5.5
Intangible Assets Schedule Of Intangible Assets 2	$ 492,235
Intangible Assets Schedule Of Intangible Assets 3	$ 492,235
Intangible Assets Schedule Of Intangible Assets 4 | yr	5.5
Intangible Assets Schedule Of Intangible Assets 5	$ 304,086
Intangible Assets Schedule Of Intangible Assets 6	304,086
Intangible Assets Schedule Of Intangible Assets 7	796,321
Intangible Assets Schedule Of Intangible Assets 8	796,321
Intangible Assets Schedule Of Intangible Assets 9	(211,442)
Intangible Assets Schedule Of Intangible Assets 10	(186,069)
Intangible Assets Schedule Of Intangible Assets 11	(130,621)
Intangible Assets Schedule Of Intangible Assets 12	(114,946)
Intangible Assets Schedule Of Intangible Assets 13	(342,063)
Intangible Assets Schedule Of Intangible Assets 14	(301,015)
Intangible Assets Schedule Of Intangible Assets 15	454,258
Intangible Assets Schedule Of Intangible Assets 16	$ 495,306

Schedule of Finite-Lived Intang

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense (Details)	6 Months Ended
	Jun. 30, 2016USD ($)
Intangible Assets Schedule Of Finite-lived Intangible Assets, Future Amortization Expense 1	$ 41,048
Intangible Assets Schedule Of Finite-lived Intangible Assets, Future Amortization Expense 2	82,095
Intangible Assets Schedule Of Finite-lived Intangible Assets, Future Amortization Expense 3	82,095
Intangible Assets Schedule Of Finite-lived Intangible Assets, Future Amortization Expense 4	82,095
Intangible Assets Schedule Of Finite-lived Intangible Assets, Future Amortization Expense 5	82,095
Intangible Assets Schedule Of Finite-lived Intangible Assets, Future Amortization Expense 6	84,830
Intangible Assets Schedule Of Finite-lived Intangible Assets, Future Amortization Expense 7	$ 454,258

Schedule of Combined Results of

Schedule of Combined Results of Condensed Income Statement Information (Details) - USD ($)	3 Months Ended	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2016
Summarized Information Of Equity Method Investment In The Jv Company Schedule Of Combined Results Of Condensed Income Statement Information 1	$ 111,767,049
Summarized Information Of Equity Method Investment In The Jv Company Schedule Of Combined Results Of Condensed Income Statement Information 2	68,952,347
Summarized Information Of Equity Method Investment In The Jv Company Schedule Of Combined Results Of Condensed Income Statement Information 3	14,663,818
Summarized Information Of Equity Method Investment In The Jv Company Schedule Of Combined Results Of Condensed Income Statement Information 4	$ 10,652,743
Summarized Information Of Equity Method Investment In The Jv Company Schedule Of Combined Results Of Condensed Income Statement Information 5	13.10%
Summarized Information Of Equity Method Investment In The Jv Company Schedule Of Combined Results Of Condensed Income Statement Information 6	15.40%
Summarized Information Of Equity Method Investment In The Jv Company Schedule Of Combined Results Of Condensed Income Statement Information 7	$ 8,626,568
Summarized Information Of Equity Method Investment In The Jv Company Schedule Of Combined Results Of Condensed Income Statement Information 8	$ 1,585,902
Summarized Information Of Equity Method Investment In The Jv Company Schedule Of Combined Results Of Condensed Income Statement Information 9	7.70%
Summarized Information Of Equity Method Investment In The Jv Company Schedule Of Combined Results Of Condensed Income Statement Information 10	2.30%
Summarized Information Of Equity Method Investment In The Jv Company Schedule Of Combined Results Of Condensed Income Statement Information 11	$ 4,313,284
Summarized Information Of Equity Method Investment In The Jv Company Schedule Of Combined Results Of Condensed Income Statement Information 12	$ 792,951
Summarized Information Of Equity Method Investment In The Jv Company Schedule Of Combined Results Of Condensed Income Statement Information 1		$ 111,271,482
Summarized Information Of Equity Method Investment In The Jv Company Schedule Of Combined Results Of Condensed Income Statement Information 2		99,517,343
Summarized Information Of Equity Method Investment In The Jv Company Schedule Of Combined Results Of Condensed Income Statement Information 3		13,601,171
Summarized Information Of Equity Method Investment In The Jv Company Schedule Of Combined Results Of Condensed Income Statement Information 4		$ 18,633,407
Summarized Information Of Equity Method Investment In The Jv Company Schedule Of Combined Results Of Condensed Income Statement Information 5		12.20%
Summarized Information Of Equity Method Investment In The Jv Company Schedule Of Combined Results Of Condensed Income Statement Information 6		18.70%
Summarized Information Of Equity Method Investment In The Jv Company Schedule Of Combined Results Of Condensed Income Statement Information 7		$ 558,120
Summarized Information Of Equity Method Investment In The Jv Company Schedule Of Combined Results Of Condensed Income Statement Information 8		$ 2,389,123
Summarized Information Of Equity Method Investment In The Jv Company Schedule Of Combined Results Of Condensed Income Statement Information 9		0.50%
Summarized Information Of Equity Method Investment In The Jv Company Schedule Of Combined Results Of Condensed Income Statement Information 10		2.40%
Summarized Information Of Equity Method Investment In The Jv Company Schedule Of Combined Results Of Condensed Income Statement Information 11		$ 279,060
Summarized Information Of Equity Method Investment In The Jv Company Schedule Of Combined Results Of Condensed Income Statement Information 12		$ 1,194,562

Schedule of Combined Results 91

Schedule of Combined Results of Condensed Balance Sheet Information (Details)	6 Months Ended
	Jun. 30, 2016USD ($)
Summarized Information Of Equity Method Investment In The Jv Company Schedule Of Combined Results Of Condensed Balance Sheet Information 1	$ 515,423,390
Summarized Information Of Equity Method Investment In The Jv Company Schedule Of Combined Results Of Condensed Balance Sheet Information 2	455,368,595
Summarized Information Of Equity Method Investment In The Jv Company Schedule Of Combined Results Of Condensed Balance Sheet Information 3	187,524,341
Summarized Information Of Equity Method Investment In The Jv Company Schedule Of Combined Results Of Condensed Balance Sheet Information 4	191,145,583
Summarized Information Of Equity Method Investment In The Jv Company Schedule Of Combined Results Of Condensed Balance Sheet Information 5	702,947,731
Summarized Information Of Equity Method Investment In The Jv Company Schedule Of Combined Results Of Condensed Balance Sheet Information 6	646,514,178
Summarized Information Of Equity Method Investment In The Jv Company Schedule Of Combined Results Of Condensed Balance Sheet Information 7	480,254,843
Summarized Information Of Equity Method Investment In The Jv Company Schedule Of Combined Results Of Condensed Balance Sheet Information 8	429,487,683
Summarized Information Of Equity Method Investment In The Jv Company Schedule Of Combined Results Of Condensed Balance Sheet Information 9	45,637,248
Summarized Information Of Equity Method Investment In The Jv Company Schedule Of Combined Results Of Condensed Balance Sheet Information 10	36,348,514
Summarized Information Of Equity Method Investment In The Jv Company Schedule Of Combined Results Of Condensed Balance Sheet Information 11	177,055,640
Summarized Information Of Equity Method Investment In The Jv Company Schedule Of Combined Results Of Condensed Balance Sheet Information 12	180,677,981
Summarized Information Of Equity Method Investment In The Jv Company Schedule Of Combined Results Of Condensed Balance Sheet Information 13	702,947,731
Summarized Information Of Equity Method Investment In The Jv Company Schedule Of Combined Results Of Condensed Balance Sheet Information 14	$ 646,514,178

Schedule of Changes in the Comp

Schedule of Changes in the Companys Investment (Details)	6 Months Ended
	Jun. 30, 2016USD ($)
Summarized Information Of Equity Method Investment In The Jv Company Schedule Of Changes In The Companys Investment 1	$ 90,337,899
Summarized Information Of Equity Method Investment In The Jv Company Schedule Of Changes In The Companys Investment 2	83,309,095
Summarized Information Of Equity Method Investment In The Jv Company Schedule Of Changes In The Companys Investment 3	279,060
Summarized Information Of Equity Method Investment In The Jv Company Schedule Of Changes In The Companys Investment 4	1,194,561
Summarized Information Of Equity Method Investment In The Jv Company Schedule Of Changes In The Companys Investment 5	(183,981)
Summarized Information Of Equity Method Investment In The Jv Company Schedule Of Changes In The Companys Investment 6	(658,480)
Summarized Information Of Equity Method Investment In The Jv Company Schedule Of Changes In The Companys Investment 7	1,084
Summarized Information Of Equity Method Investment In The Jv Company Schedule Of Changes In The Companys Investment 8	184,442
Summarized Information Of Equity Method Investment In The Jv Company Schedule Of Changes In The Companys Investment 9	(2,087,212)
Summarized Information Of Equity Method Investment In The Jv Company Schedule Of Changes In The Companys Investment 10	336,842
Summarized Information Of Equity Method Investment In The Jv Company Schedule Of Changes In The Companys Investment 11	88,346,850
Summarized Information Of Equity Method Investment In The Jv Company Schedule Of Changes In The Companys Investment 12	$ 84,366,460

Schedule of Combined Results 93

Schedule of Combined Results of Operations and Financial Position (Details) - USD ($)	3 Months Ended	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2016
Summarized Information Of Equity Method Investment In The Jv Company Schedule Of Combined Results Of Operations And Financial Position 1	$ 41,919,634
Summarized Information Of Equity Method Investment In The Jv Company Schedule Of Combined Results Of Operations And Financial Position 2	0
Summarized Information Of Equity Method Investment In The Jv Company Schedule Of Combined Results Of Operations And Financial Position 3	1,657,335
Summarized Information Of Equity Method Investment In The Jv Company Schedule Of Combined Results Of Operations And Financial Position 4	17,633,894
Summarized Information Of Equity Method Investment In The Jv Company Schedule Of Combined Results Of Operations And Financial Position 5	3,766,230
Summarized Information Of Equity Method Investment In The Jv Company Schedule Of Combined Results Of Operations And Financial Position 6	27,869,812
Summarized Information Of Equity Method Investment In The Jv Company Schedule Of Combined Results Of Operations And Financial Position 7	(5,197)
Summarized Information Of Equity Method Investment In The Jv Company Schedule Of Combined Results Of Operations And Financial Position 8	11,649
Summarized Information Of Equity Method Investment In The Jv Company Schedule Of Combined Results Of Operations And Financial Position 9	130,813
Summarized Information Of Equity Method Investment In The Jv Company Schedule Of Combined Results Of Operations And Financial Position 10	0
Summarized Information Of Equity Method Investment In The Jv Company Schedule Of Combined Results Of Operations And Financial Position 11	47,468,815
Summarized Information Of Equity Method Investment In The Jv Company Schedule Of Combined Results Of Operations And Financial Position 12	$ 45,515,355
Summarized Information Of Equity Method Investment In The Jv Company Schedule Of Combined Results Of Operations And Financial Position 1		$ 55,005,270
Summarized Information Of Equity Method Investment In The Jv Company Schedule Of Combined Results Of Operations And Financial Position 2		0
Summarized Information Of Equity Method Investment In The Jv Company Schedule Of Combined Results Of Operations And Financial Position 3		1,817,932
Summarized Information Of Equity Method Investment In The Jv Company Schedule Of Combined Results Of Operations And Financial Position 4		35,239,196
Summarized Information Of Equity Method Investment In The Jv Company Schedule Of Combined Results Of Operations And Financial Position 5		3,924,432
Summarized Information Of Equity Method Investment In The Jv Company Schedule Of Combined Results Of Operations And Financial Position 6		37,729,131
Summarized Information Of Equity Method Investment In The Jv Company Schedule Of Combined Results Of Operations And Financial Position 7		47,067
Summarized Information Of Equity Method Investment In The Jv Company Schedule Of Combined Results Of Operations And Financial Position 8		1,602,032
Summarized Information Of Equity Method Investment In The Jv Company Schedule Of Combined Results Of Operations And Financial Position 9		149,089
Summarized Information Of Equity Method Investment In The Jv Company Schedule Of Combined Results Of Operations And Financial Position 10		0
Summarized Information Of Equity Method Investment In The Jv Company Schedule Of Combined Results Of Operations And Financial Position 11		60,943,790
Summarized Information Of Equity Method Investment In The Jv Company Schedule Of Combined Results Of Operations And Financial Position 12		$ 74,570,359

Schedule of Significant Balance

Schedule of Significant Balances (Details)	6 Months Ended
	Jun. 30, 2016USD ($)
Summarized Information Of Equity Method Investment In The Jv Company Schedule Of Significant Balances 1	$ 3,494,808
Summarized Information Of Equity Method Investment In The Jv Company Schedule Of Significant Balances 2	(4,488,379)
Summarized Information Of Equity Method Investment In The Jv Company Schedule Of Significant Balances 3	18,456,112
Summarized Information Of Equity Method Investment In The Jv Company Schedule Of Significant Balances 4	3,249,445
Summarized Information Of Equity Method Investment In The Jv Company Schedule Of Significant Balances 5	5,284,593
Summarized Information Of Equity Method Investment In The Jv Company Schedule Of Significant Balances 6	6,218,177
Summarized Information Of Equity Method Investment In The Jv Company Schedule Of Significant Balances 7	149,028
Summarized Information Of Equity Method Investment In The Jv Company Schedule Of Significant Balances 8	11,453
Summarized Information Of Equity Method Investment In The Jv Company Schedule Of Significant Balances 9	95,422,624
Summarized Information Of Equity Method Investment In The Jv Company Schedule Of Significant Balances 10	71,181,775
Summarized Information Of Equity Method Investment In The Jv Company Schedule Of Significant Balances 11	122,807,165
Summarized Information Of Equity Method Investment In The Jv Company Schedule Of Significant Balances 12	$ 76,172,471

Schedule of Guarantees For Bank

Schedule of Guarantees For Bank Loans (Details)	6 Months Ended
	Jun. 30, 2016USD ($)
Commitments And Contingencies Schedule Of Guarantees For Bank Loans 1	$ 4,363,435
Commitments And Contingencies Schedule Of Guarantees For Bank Loans 2	4,466,555
Commitments And Contingencies Schedule Of Guarantees For Bank Loans 3	3,009,266
Commitments And Contingencies Schedule Of Guarantees For Bank Loans 4	3,080,383
Commitments And Contingencies Schedule Of Guarantees For Bank Loans 5	48,900,565
Commitments And Contingencies Schedule Of Guarantees For Bank Loans 6	50,056,216
Commitments And Contingencies Schedule Of Guarantees For Bank Loans 7	56,273,265
Commitments And Contingencies Schedule Of Guarantees For Bank Loans 8	$ 57,603,154

Schedule of Revenue from Extern

Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas (Details) - USD ($)	3 Months Ended	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2016
Segment Reporting Schedule Of Revenue From External Customers And Long-lived Assets, By Geographical Areas 1		$ 1,614,384
Segment Reporting Schedule Of Revenue From External Customers And Long-lived Assets, By Geographical Areas 2		2.00%
Segment Reporting Schedule Of Revenue From External Customers And Long-lived Assets, By Geographical Areas 3		$ 1,944,172
Segment Reporting Schedule Of Revenue From External Customers And Long-lived Assets, By Geographical Areas 4		2.00%
Segment Reporting Schedule Of Revenue From External Customers And Long-lived Assets, By Geographical Areas 5		$ 104,260,877
Segment Reporting Schedule Of Revenue From External Customers And Long-lived Assets, By Geographical Areas 6		98.00%
Segment Reporting Schedule Of Revenue From External Customers And Long-lived Assets, By Geographical Areas 7		$ 89,800,374
Segment Reporting Schedule Of Revenue From External Customers And Long-lived Assets, By Geographical Areas 8		98.00%
Segment Reporting Schedule Of Revenue From External Customers And Long-lived Assets, By Geographical Areas 9		$ 105,875,261
Segment Reporting Schedule Of Revenue From External Customers And Long-lived Assets, By Geographical Areas 10		100.00%
Segment Reporting Schedule Of Revenue From External Customers And Long-lived Assets, By Geographical Areas 11		$ 91,744,546
Segment Reporting Schedule Of Revenue From External Customers And Long-lived Assets, By Geographical Areas 12		100.00%
Segment Reporting Schedule Of Revenue From External Customers And Long-lived Assets, By Geographical Areas 1	$ 992,662
Segment Reporting Schedule Of Revenue From External Customers And Long-lived Assets, By Geographical Areas 2	2.00%
Segment Reporting Schedule Of Revenue From External Customers And Long-lived Assets, By Geographical Areas 3	$ 1,157,676
Segment Reporting Schedule Of Revenue From External Customers And Long-lived Assets, By Geographical Areas 4	2.00%
Segment Reporting Schedule Of Revenue From External Customers And Long-lived Assets, By Geographical Areas 5	$ 54,224,706
Segment Reporting Schedule Of Revenue From External Customers And Long-lived Assets, By Geographical Areas 6	98.00%
Segment Reporting Schedule Of Revenue From External Customers And Long-lived Assets, By Geographical Areas 7	$ 46,805,784
Segment Reporting Schedule Of Revenue From External Customers And Long-lived Assets, By Geographical Areas 8	98.00%
Segment Reporting Schedule Of Revenue From External Customers And Long-lived Assets, By Geographical Areas 9	$ 55,217,368
Segment Reporting Schedule Of Revenue From External Customers And Long-lived Assets, By Geographical Areas 10	100.00%
Segment Reporting Schedule Of Revenue From External Customers And Long-lived Assets, By Geographical Areas 11	$ 47,963,460
Segment Reporting Schedule Of Revenue From External Customers And Long-lived Assets, By Geographical Areas 12	100.00%

Schedule of Sales to Related Pa

Schedule of Sales to Related Parties (Details) - USD ($)	3 Months Ended	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2016
Related Party Transactions Schedule Of Sales To Related Parties 1	$ 769,065
Related Party Transactions Schedule Of Sales To Related Parties 2	0
Related Party Transactions Schedule Of Sales To Related Parties 3	769,065
Related Party Transactions Schedule Of Sales To Related Parties 4	$ 0
Related Party Transactions Schedule Of Sales To Related Parties 1		$ 3,977,568
Related Party Transactions Schedule Of Sales To Related Parties 2		0
Related Party Transactions Schedule Of Sales To Related Parties 3		3,977,568
Related Party Transactions Schedule Of Sales To Related Parties 4		$ 0

Schedule of Related Party Trans

Schedule of Related Party Transactions (Details)	6 Months Ended
	Jun. 30, 2016USD ($)
Related Party Transactions Schedule Of Related Party Transactions 1	$ 10,957,632
Related Party Transactions Schedule Of Related Party Transactions 2	40,606,162
Related Party Transactions Schedule Of Related Party Transactions 3	10,957,632
Related Party Transactions Schedule Of Related Party Transactions 4	$ 40,606,162