IT Tech Packaging (ITP) 10-Q 12 Nov 15 2015 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2015	Nov. 06, 2015
Document and Entity Information [Abstract]
Entity Registrant Name	Orient Paper Inc.
Entity Central Index Key	1,358,190
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Document Type	10-Q
Document Period End Date	Sep. 30, 2015
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	Q3
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		20,316,400

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Unaudited) - USD ($)	Sep. 30, 2015	Dec. 31, 2014
Current Assets
Cash and cash equivalents	$ 4,363,721	$ 3,891,473
Restricted cash	3,144,011	8,873,999
Accounts receivable (net of allowance for doubtful accounts of $78,346 and $76,125 as of September 30, 2015 and December 31, 2014, respectively)	3,849,006	3,730,123
Inventories	9,256,819	7,139,599
Prepayments and other current assets	450,673	$ 2,919,668
Deferred tax assets - current	36,972
Total current assets	21,101,202	$ 26,554,862
Prepayment on property, plant and equipment	1,433,669	1,490,440
Property, plant, and equipment, net	204,633,709	208,213,198
Value-added tax recoverable	3,205,450	3,228,075
Deferred tax asset - non-current	1,087,351	281,010
Total Assets	231,461,381	239,767,585
Current Liabilities
Short-term bank loans	$ 6,288,022	9,805,524
Current portion of long-term loans from credit union		147,083
Current portion of related party loan	$ 2,296,059	2,386,978
Current obligations under capital lease	6,323,396	$ 12,258,488
Accounts payable	1,100,697
Notes payable	6,288,023	$ 16,113,744
Due to a related party	337,120	227,900
Accrued payroll and employee benefits	247,684	492,765
Other payables and accrued liabilities	4,419,585	2,400,523
Income taxes payable	514,505	637,143
Total current liabilities	27,815,091	44,470,148
Loans from credit union	5,281,939	5,760,745
Loans from a related party	14,148,051	9,805,524
Deferred gain on sale-leaseback	334,451	695,389
Long-term obligations under capital lease	6,568,399	4,090,413
Total liabilities	$ 54,147,931	$ 64,822,219
Commitments and Contingencies
Stockholders' Equity
Common stock, 500,000,000 shares authorized, $0.001 par value per share, 20,316,400 shares issued and outstanding as of September 30, 2015 and December 31, 2014	$ 20,316	$ 20,316
Additional paid-in capital	49,218,982	49,218,982
Statutory earnings reserve	6,080,574	6,080,574
Accumulated other comprehensive income	10,007,333	17,021,165
Retained earnings	111,986,245	102,604,329
Total stockholders' equity	177,313,450	174,945,366
Total Liabilities and Stockholders' Equity	$ 231,461,381	$ 239,767,585

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Parenthetical) (Unaudited) - USD ($)	Sep. 30, 2015	Dec. 31, 2014
Statement of Financial Position [Abstract]
Accounts receivable, Allowance for doubtful accounts	$ 78,346	$ 76,125
Common stock, Shares authorized	500,000,000	500,000,000
Common stock, Par value	$ 0.001	$ 0.001
Common stock, Shares issued	20,316,400	20,316,400
Common stock, Shares outstanding	20,316,400	20,316,400

Condensed Consolidated Statemen

Condensed Consolidated Statements of Income and Comprehensive Income (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Statements Of Income and Comprehensive Income [Abstract]
Revenues	$ 32,406,877	$ 40,754,205	$ 100,194,363	$ 104,344,334
Cost of sales	(25,990,316)	(34,343,357)	(78,307,555)	(87,141,643)
Gross Profit	6,416,561	6,410,848	21,886,808	17,202,691
Selling, general and administrative expenses	$ (3,814,782)	(995,613)	$ (7,355,144)	(2,893,828)
Loss from disposal of property, plant and equipment		(689,422)		(689,422)
Gain from disposal of assets held for sale		203,488		203,488
Income from Operations	$ 2,601,779	4,929,301	$ 14,531,664	13,822,929
Other Income (Expense):
Interest income	9,985	$ 35,090	65,184	79,938
Subsidy income	210,423		487,465
Interest expense	(566,122)	$ (344,191)	(2,350,233)	(888,028)
Income before Income Taxes	2,256,065	4,620,200	12,734,080	13,014,839
Provision for Income Taxes	(570,168)	(1,247,256)	(3,352,164)	(3,536,493)
Net Income	1,685,897	3,372,944	9,381,916	9,478,346
Other Comprehensive Income: (Loss):
Foreign currency translation adjustment	(7,190,713)	13,170	(7,013,832)	(1,077,496)
Total Comprehensive Income (Loss)	$ (5,504,816)	$ 3,386,114	$ 2,368,084	$ 8,400,850
Earnings Per Share:
Basic Earnings per Share	$ 0.08	$ 0.18	$ 0.46	$ 0.50
Fully Diluted Earnings per Share	$ 0.08	$ 0.18	$ 0.46	$ 0.50
Weighted Average Number of Shares
Outstanding - Basic	20,316,400	18,923,374	20,316,400	18,909,001
Outstanding - Fully Diluted	20,328,003	18,923,374	20,316,400	18,909,001

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)	9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
Cash Flows from Operating Activities:
Net income	$ 9,381,916	$ 9,478,346
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	$ 10,061,558	5,877,824
Loss from disposal of property, plant and equipment		689,422
Gain from disposal of assets held for sale		(203,488)
Allowance for (Recovery from) bad debts	$ 5,268	(15,855)
Deferred tax	(878,730)	481,138
Changes in operating assets and liabilities:
Accounts receivable	(273,781)	(841,053)
Prepayments and other current assets	2,326,204	12,139
Inventories	(2,458,300)	4,375,716
Accounts payable	1,132,548	(307,667)
Notes payable	(9,478,519)	16,262,014
Accrued payroll and employee benefits	(232,861)	(161,625)
Other payables and accrued liabilities	1,184,473	618,254
Income taxes payable	(101,216)	(480,000)
Net Cash Provided by Operating Activities	$ 10,668,560	35,785,165
Cash Flows from Investing Activities:
Proceeds from sale of property, plant and equipment		239,194
Proceeds from sale of assets held for sale		2,682,957
Purchases of property, plant and equipment	$ (58,213)	$ (25,767,813)
Payment for construction in progress	(11,254,087)
Net Cash Used in Investing Activities	$ (11,312,300)	$ (22,845,662)
Cash Flows from Financing Activities:
Proceeds from issuance of shares and warrants, net		2,311,002
Proceeds from related party loans	$ 5,242,483	643,500
Repayment of related party loans	(390,000)	(643,500)
Proceeds from short-term bank loans	3,234,990	6,504,805
Repayment of short-term bank loans	(6,469,979)	$ (4,878,604)
Repayment of loans from credit union	(412,461)
Payment of capital lease obligation	(5,378,582)	$ (4,095,015)
Release of (Increase in) restricted cash	5,548,008	(8,944,108)
Net Cash Provided by (Used in) Financing Activities	1,374,459	(9,101,920)
Effect of Exchange Rate Changes on Cash and Cash Equivalents	(258,471)	(38,302)
Net Increase in Cash and Cash Equivalents	472,248	3,799,281
Cash and Cash Equivalents - Beginning of Period	3,891,473	3,131,163
Cash and Cash Equivalents - End of Period	4,363,721	6,930,444
Supplemental Disclosure of Cash Flow Information:
Cash paid for interest, net of capitalized cost	1,717,941	648,552
Cash paid for income taxes	$ 4,332,110	$ 3,535,355

Organization and Business Backg

Organization and Business Background	9 Months Ended
	Sep. 30, 2015
Organization and Business Background [Abstract]
Organization and Business Background	(1) Organization and Business Background Orient Paper, Inc. was incorporated in the State of Nevada on December 9, 2005, under the name “Carlateral, Inc.” Through the steps described immediately below, we became the holding company for Hebei Baoding Orient Paper Milling Company Limited (“Orient Paper HB”), a producer and distributor of paper products in China, on October 29, 2007, and effective December 21, 2007, we changed our name to “Orient Paper, Inc.” to more accurately describe our business. On October 29, 2007, pursuant to an agreement and plan of merger (the “Merger Agreement”), the Company acquired Dongfang Zhiye Holding Limited (“Dongfang Holding”), a corporation formed on November 13, 2006 under the laws of the British Virgin Islands, and issued the shareholders of Dongfang Holding an aggregate of 7,450,497 (as adjusted for a four-for-one reverse stock split effected in November 2009) shares of our common stock, which shares were distributed pro-rata to the shareholders of Dongfang Holding in accordance with their respective ownership interests in Dongfang Holding. At the time of the Merger Agreement, Dongfang Holding owned all of the issued and outstanding stock and ownership of Orient Paper HB and such shares of Orient Paper HB were held in trust with Zhenyong Liu, Xiaodong Liu and Shuangxi Zhao, for Mr. Liu, Mr. Liu and Mr. Zhao (the original shareholders of Orient Paper HB) to exercise control over the disposition of Dongfang Holding’s shares in Orient Paper HB on Dongfang Holding’s behalf until Dongfang Holding successfully completed the change in registration of Orient Paper HB’s capital with the relevant PRC Administration of Industry and Commerce as the 100% owner of Orient Paper HB’s shares. As a result of the merger transaction, Dongfang Holding became a wholly owned subsidiary of the Company, and Dongfang Holding’s wholly owned subsidiary, Orient Paper HB, became an indirectly owned subsidiary of the Company. Dongfang Holding, as the 100% owner of Orient Paper HB, was unable to complete the registration of Orient Paper HB’s capital under its name within the proper time limits set forth under PRC law. In connection with the consummation of the restructuring transactions described below, Dongfang Holding directed the trustees to return the shares of Orient Paper HB to their original shareholders, and the original Orient Paper HB shareholders entered into certain agreements with Baoding Shengde Paper Co., Ltd. (“Orient Paper Shengde”) to transfer the control of Orient Paper HB over to Orient Paper Shengde. On June 24, 2009, the Company consummated a number of restructuring transactions pursuant to which it acquired all of the issued and outstanding shares of Shengde Holdings Inc, a Nevada corporation. Shengde Holdings Inc was incorporated in the State of Nevada on February 25, 2009. On June 1, 2009, Shengde Holdings Inc incorporated Orient Paper Shengde, a limited liability company organized under the laws of the PRC. Because Orient Paper Shengde is a wholly-owned subsidiary of Shengde Holdings Inc, it is regarded as a wholly foreign-owned entity under PRC law. To ensure proper compliance of the Company’s control over the ownership and operations of Orient Paper HB with certain PRC regulations, on June 24, 2009, the Company entered into a series of contractual agreements (the “Contractual Agreements”) with Orient Paper HB and Orient Paper HB Equity Owners via the Company’s wholly owned subsidiary Shengde Holdings Inc (“Shengde Holdings”) a Nevada corporation and Baoding Shengde Paper Co., Ltd. (“Orient Paper Shengde”), a wholly foreign-owned enterprise in the PRC with an original registered capital of $10,000,000 (subsequently increased to $60,000,000 in June 2010). Orient Paper Shengde is mainly engaged in production and distribution of digital photo paper and is 100% owned by Shengde Holdings. Prior to February 10, 2010, the Contractual Agreements included (i) Exclusive Technical Service and Business Consulting Agreement, which generally provides that Orient Paper Shengde shall provide exclusive technical, business and management consulting services to Orient Paper HB, in exchange for service fees including a fee equivalent to 80% of Orient Paper HB’s total annual net profits; (ii) Loan Agreement, which provides that Orient Paper Shengde will make a loan in the aggregate principal amount of $10,000,000 to Orient Paper HB Equity Owners in exchange for each such shareholder agreeing to contribute all of its proceeds from the loan to the registered capital of Orient Paper HB; (iii) Call Option Agreement, which generally provides, among other things, that Orient Paper HB Equity Owners irrevocably grant to Orient Paper Shengde an option to purchase all or part of each owner’s equity interest in Orient Paper HB. The exercise price for the options shall be RMB1 which Orient Paper Shengde should pay to each of Orient Paper HB Equity Owner for all their equity interests in Orient Paper HB; (iv) Share Pledge Agreement, which provides that Orient Paper HB Equity Owners will pledge all of their equity interests in Orient Paper HB to Orient Paper Shengde as security for their obligations under the other agreements described in this section. Specifically, Orient Paper Shengde is entitled to dispose of the pledged equity interests in the event that Orient Paper HB Equity Owners breach their obligations under the Loan Agreement or Orient Paper HB fails to pay the service fees to Orient Paper Shengde pursuant to the Exclusive Technical Service and Business Consulting Agreement; and (v) Proxy Agreement, which provides that Orient Paper HB Equity Owners shall irrevocably entrust a designee of Orient Paper Shengde with such shareholder’s voting rights and the right to represent such shareholder to exercise such owner’s rights at any equity owners’ meeting of Orient Paper HB or with respect to any equity owner action to be taken in accordance with the laws and Orient Paper HB’s Articles of Association. The terms of the agreement are binding on the parties for as long as Orient Paper HB Equity Owners continue to hold any equity interest in Orient Paper HB. An Orient Paper HB Equity Owner will cease to be a party to the agreement once it transfers its equity interests with the prior approval of Orient Paper Shengde. As the Company had controlled Orient Paper HB since July 16, 2007 through Dongfang Holding and the trust until June 24, 2009, and continues to control Orient Paper HB through Orient Paper Shengde and the Contractual Agreements, the execution of the Contractual Agreements is considered as a business combination under common control. On February 10, 2010, Orient Paper Shengde and the Orient Paper HB Equity Owners entered into a Termination of Loan Agreement to terminate the above $10,000,000 Loan Agreement. Because of the Company’s decision to fund future business expansions through Orient Paper Shengde instead of Orient Paper HB, the $10,000,000 loan contemplated was never made prior to the point of termination. The parties believe the termination of the Loan Agreement does not in itself compromise the effective control of the Company over Orient Paper HB and its businesses in the PRC. An agreement was also entered into among Orient Paper Shengde, Orient Paper HB and the Orient Paper HB Equity Owners on December 31, 2010, reiterating that Orient Paper Shengde is entitled to 100% of the distributable profit of Orient Paper HB, pursuant to the above mentioned Contractual Agreements. In addition, Orient Paper HB and the Orient Paper HB Equity Owners shall not declare any of Orient Paper HB’s unappropriated earnings as dividend, including the unappropriated earnings of Orient Paper HB from its establishment to 2010 and thereafter. Orient Paper has no direct equity interest in Orient Paper HB. However, through the Contractual Agreements described above Orient Paper is found to be the primary beneficiary of Orient Paper HB and is deemed to have the effective control over Orient Paper HB’s activities that most significantly affect its economic performance, resulting in Orient Paper HB being treated as a controlled variable interest entity of Orient Paper in accordance with Topic 810 - Consolidation of the Accounting Standards Codification (the “ASC”) issued by the Financial Accounting Standard Board (the “FASB”). The revenue of the Company generated from Orient Paper HB for the three months ended September 30, 2015 and 2014 were 99.53% and 98.60%, respectively. The revenue of the Company generated from Orient Paper HB for the nine months ended September 30, 2015 and 2014 were 99.82% and 97.18%, respectively. Orient Paper HB also accounted for 84.94% and 83.73% of the total assets of the Company as of September 30, 2015 and December 31, 2014, respectively. As of September 30, 2015 and December 31, 2014, details of the Company’s subsidiaries and variable interest entities are as follows: Place of Date of Incorporation Incorporation or Percentage of Name or Establishment Establishment Ownership Principal Activity Subsidiary: Dongfang Holding November 13, 2006 BVI 100% Inactive investment holding Shengde Holdings February 25, 2009 State of Nevada 100% Investment holding Orient Paper Shengde June 1, 2009 PRC 100% Paper Production and distribution Variable interest entity: Orient Paper HB March 10, 1996 PRC Control* Paper Production and distribution * Orient Paper HB is treated as a 100% controlled variable interest entity of the Company

Basis of Presentation and Signi

Basis of Presentation and Significant Accounting Policies	9 Months Ended
	Sep. 30, 2015
Basis of Presentation and Significant Accounting Policies [Abstract]
Basis of Presentation and Significant Accounting Policies	(2) Basis of Presentation and Significant Accounting Policies The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with the rules and regulations of the Securities and Exchange Commission (“SEC”) for reporting on Form 10-Q. Accordingly, certain information and notes required by the United States of America generally accepted accounting principles (“GAAP”) for annual financial statements are not included herein. These interim statements should be read in conjunction with the consolidated financial statements and notes thereto included in the Annual Report on Form 10-K for the year ended December 31, 2014 of Orient Paper, Inc. a Nevada corporation, and its subsidiaries and variable interest entity (which we sometimes refer to collectively as “Orient Paper”, “we”, “us” or “our”). Principles of Consolidation Our unaudited condensed consolidated financial statements reflect all adjustments, which are, in the opinion of management, necessary for a fair presentation of our financial position and results of operations. Such adjustments are of a normal recurring nature, unless otherwise noted. The balance sheet as of September 30, 2015 and the results of operations for the three and nine months ended September 30, 2015 are not necessarily indicative of the results to be expected for any future period. Our unaudited condensed consolidated financial statements are prepared in accordance with GAAP. These accounting principles require us to make certain estimates, judgments and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. We believe that the estimates, judgments and assumptions are reasonable, based on information available at the time they are made. Actual results could differ materially from those estimates. Valuation of long-lived asset The Company reviews the carrying value of long-lived assets to be held and used when events and circumstances warrants such a review. 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 and intangible assets. 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 and intangible assets to be disposed are determined in a similar manner, except that fair market values are reduced for the cost to dispose. Fair Value of Financial Instruments The Company estimates the fair value of financial instruments using the available market information and valuation methods. Considerable judgment is required in estimating fair value. Accordingly, the estimates of fair value may not be indicative of the amounts that the Company could realize in a current market exchange. As of September 30, 2015 and December 31, 2014, the carrying value of the Company’s short term financial instruments, such as cash and cash equivalents, accounts receivable, accounts and notes payable, short-term bank loans and balance due to a related party, approximate at their fair values because of the short maturity of these instruments; while long-term bank loans, loans from a related party and obligations under capital lease approximate at their fair value as the interest rates thereon are close to the market rates of interest published by the People’s Bank of China. Liquidity and Going Concern As of September 30, 2015, the Company had current assets of $21,101,202 and current liabilities of $27,815,091 (including amounts due to related parties of $3,944,771), resulting in a working capital deficit of approximately $6,713,889; while as of December 31, 2014, the Company had current assets of $26,554,862 and current liabilities of $44,470,148 (including amounts due to related parties of $3,376,120), resulting in a working capital deficit of approximately $17,915,286. We are currently seeking to restructure the term of our liabilities by raising funds through long-term loans to pay off liabilities with shorter terms. Our ability to continue as a going concern is dependent upon obtaining the necessary financing or negotiating the terms of the existing short-term liabilities to meet our current and future liquidity needs. On January 20, 2014, our Chairman and Chief Executive Officer (“CEO”) Mr. Zhenyong Liu agreed in writing to permit the Company to continue to postpone the repayment of the accrued interest on his loan to Orient Paper HB until the Company is able to pay its other creditors in its normal course of business. The accrued interest owned to Mr. Liu was approximately $1,311,592, which was recorded in other payables and accrued liabilities as part of the current liabilities in the condensed consolidated financial statement as of September 30, 2015 (see Note (11) below). On January 21, 2015, Hebei Fangsheng, a real estate development company owned by Mr. Zhenyong Liu, our Chairman and Chief Executive Officer and his family, agreed in writing to permit the Company to continue to postpone the repayment of the accrued rental charged to Orient Paper HB until the earliest date on which the Company's quarterly or annual financial statements filed with the SEC show a satisfactory working capital level. The accrued rental owned to Hebei Fangsheng was approximately $337,120 and $227,900, which was recorded in as part of the current liabilities as of September 30, 2015 and December 31, 2014, respectively. On March 1, 2015, the Company entered an agreement with the CEO which allows Orient Paper HB to borrow from the CEO with an amount up to $18,864,069 (RMB120,000,000) for working capital purposes. The advances or funding under the agreement are due in three years from the date each amount is funded. The loan will be unsecured and carry an annual interest rate set on the basis of the primary lending rate of the People’s Bank of China at the time of the borrowing. On July 13, 2015, an unsecured loan of $4,716,017 was drawn from the facility, which carried an interest rate of 5.25%. The loan will be matured on July 12, 2018. On March 9, 2015, Mr. Zhenyong Liu agreed in writing to permit the Company to postpone the repayment of the related party loan of $2,296,059 which will expire at December 31, 2015. (see Note (9) below). On July 1, 2015, Orient Paper HB, Shijiazhuang Office of China Orient Asset Management Corporation (“China Orient”), the parent and assignee of the rights of China National Foreign Trade Financial & Leasing Co., Ltd (“CNFTFL”), and other guarantors of Lease Financing Agreement, entered into an agreement (the “2015 Agreement”), to amend and restate the Lease Financing Agreement entered into in 2013. The 2015 Agreement sets forth a modified and extended payment schedule with respect to the remaining payment obligation, with principal payable on the 21th of December 2015, June 2016, December 2016 and final payment on June 21, 2017. Although management believes it can secure financial resources to satisfy the Company's current liabilities and the capital expenditure needs in the next 12 months, there are no guarantees that these financial resources will be secured. Therefore, there is a substantial doubt about the ability of the Company to continue as a going concern that it may be unable to realize its assets and discharge its liabilities in the normal course of business. Our consolidated financial statements do not include any adjustments that might be necessary if we are unable to continue as a going concern.

Restricted Cash

Restricted Cash	9 Months Ended
	Sep. 30, 2015
Restricted Cash [Abstract]
Restricted Cash	(3) Restricted Cash Restricted cash of $3,144,011 as of September 30, 2015 was presented for the cash deposited at the Commercial Bank of the City of Zhangjiakou for purpose of securing the bank acceptance notes from the bank (see Note (10)). The restriction will be lifted upon the maturity of the note payable on various dates starting from January 7 to 20, 2016. Restricted cash of $8,873,999 as of December 31, 2014 was presented for the cash deposited at the Bank of Hebei, SPD Bank and the Commercial Bank of the City of Zhangjiakou for purpose of securing the bank acceptance notes from these banks (see Note (10)). The restriction was lifted upon the maturity of the notes payable from January 7, 2015 through April 23, 2015.

Inventories

Inventories	9 Months Ended
	Sep. 30, 2015
Inventories [Abstract]
Inventories	(4) Inventories Raw materials inventory includes mainly recycled paper and coal. Finished goods include mainly products of corrugating medium paper and offset printing paper. Inventories consisted of the following as of September 30, 2015 and December 31, 2014: September 30, December 31, 2015 2014 Raw Materials Recycled paper board $ 5,422,262 $ 4,338,069 Recycled white scrap paper 1,566,153 1,212,588 Coal 173,962 497,038 Base paper and other raw materials 296,556 95,053 7,458,933 6,142,748 Finished Goods 1,797,886 996,851 Totals $ 9,256,819 $ 7,139,599

Prepayments and Other Current A

Prepayments and Other Current Assets	9 Months Ended
	Sep. 30, 2015
Prepayments and Other Current Assets [Abstract]
Prepayments and other current assets	(5) Prepayments and other current assets Prepayments and other current assets consisted of the following as of September 30, 2015 and December 31, 2014: September 30, December 31, 2015 2014 Prepaid NYSE MKT annual fee $ 26,250 $ 7,500 Recoverable VAT 284,376 250,000 Prepaid insurance 70,000 55,000 Prepayment for purchase of materials 7,860 1,910,643 Prepaid land lease 51,876 490,276 Others 10,311 206,249 $ 450,673 $ 2,919,668

Prepayment on Property, Plant a

Prepayment on Property, Plant and Equipment	9 Months Ended
	Sep. 30, 2015
Prepayment on Property, Plant and Equipment [Abstract]
Prepayment on property, plant and equipment	(6) Prepayment on property, plant and equipment As of September 30, 2015 and December 31, 2014, prepayment on property, plant and equipment consisted of $1,433,669 and $1,490,440, respectively in respect of prepaid land use right prepayment made on October 26, 2012 for the entitlement of land use right for some 65,023 square meters of land located in our Xushui County, Baoding plant. The purchase is expected to be completed in year 2016.

Property, Plant and Equipment

Property, Plant and Equipment	9 Months Ended
	Sep. 30, 2015
Property, Plant and Equipment [Abstract]
Property, plant and equipment	(7) Property, plant and equipment As of September 30, 2015 and December 31, 2014, property, plant and equipment consisted of the following: September 30, December 31, 2015 2014 Property, Plant, and Equipment: Land use rights $ 7,457,581 $ 7,752,886 Building and improvements 77,322,772 44,889,395 Machinery and equipment 129,658,550 121,332,310 Vehicles 679,636 706,548 Construction in progress 42,868,015 78,484,066 257,986,554 253,165,205 Less: accumulated depreciation and amortization (53,352,845 ) (44,952,007 ) Property, Plant and Equipment, net $ 204,633,709 $ 208,213,198 As of September 30, 2015 and December 31, 2014, land use rights represented a parcel of state-owned land located in Xushui County of Hebei Province in China, with lease terms of 50 years expiring in 2061. The Company entered into a sale-leaseback arrangement with a leasing company in China on June 16, 2013 for a total financing proceeds in the amount of RMB 150 million (approximately US$24 million). Under the sale-leaseback arrangement, Orient Paper HB sold certain of its paper manufacturing equipment to the leasing company for an amount of RMB 150 million (approximately US$24 million). Concurrent with the sale of equipment, Orient Paper HB leases back all of the equipment (“Leased Equipment”) sold to the leasing company for a lease term of three years. At the end of the lease term, Orient Paper HB may pay a nominal purchase price of RMB 15,000 (approximately $2,400) to the leasing company and buy back all of the Leased Equipment. The sale-leaseback is treated by the Company as a mere financing and capital lease transaction, rather than a sale of assets (under which gain or loss is immediately recognized) under ASC 840-40-25-4. All of the Leased Equipment are included as part of the property, plant and equipment of the Company as of September 30, 2015 and December 31, 2014. As a result of the sale, a deferred gain on sale of Leased Equipment in the amount of $1,379,282 was created at the closing of the transaction and presented as a non-current liability. The deferred gain would be amortized by the Company during the lease term and would be used to offset the depreciation of the Leased Equipment, respectively. See “ Financing with Sale-Leaseback” The depreciation of Leased Equipment has started in July 2013 and was included with the depreciation expense of the Company’s own assets in the consolidated statement of income. During the three months ended September 30, 2015 and 2014, depreciation of Leased Equipment were $432,304 and $825,620, respectively. During the nine months ended September 30, 2015 and 2014, depreciation of Leased Equipment were $1,259,837 and $1,237,181, respectively. The accumulated depreciation of the leased asset were $3,616,303 and $2,486,615 as of September 30, 2015 and December 31, 2014. During the three months ended September 30, 2015 and 2014, the gain realized on sale-leaseback transaction were $112,708 and $115,094, respectively. During the nine months ended September 30, 2015 and 2014, the gain realized on sale-leaseback transaction were $344,130 and $345,981, respectively. The gain realized was recorded in cost of sales as a reduction of depreciation expenses. The unamortized deferred gains on sale-lease back are $334,451 and $695,389 as of September 30, 2015 and December 31, 2014, respectively. On July 1, 2015, Orient Paper HB, China Orient, and other guarantors of Lease Financing Agreement, entered into the 2015 Agreement, to amend and restate the Lease Financing Agreement entered into in 2013. The 2015 Agreement sets forth a modified and extended payment schedule with respect to the remaining payment obligation, with the final repayment date extended to June 21, 2017. In accordance with ASC 840-30-35, the present balances of the capital lease assets and obligations under capital lease were adjusted by an amount equal to the difference between the present value of the future minimum lease payments under the revised agreement (computed using the interest rate used to recognize the lease initially), which was approximately $1,617,574 at the date of the 2015 Agreement. Construction in progress mainly represents payments for the new 15,000 tonnes per year tissue paper manufacturing equipment PM8, the tissue paper workshops and general infrastructure and administrative facilities in the Wei County industrial park. The tissue paper development project at the Wei County Industrial Park is expected to be completed in the first half of 2016. For the three months ended September 30, 2015 and 2014, the amount of interest capitalized is $19,294 and $207,830, respectively. For the nine months ended September 30, 2015 and 2014, the amount of interest capitalized is $116,494 and $717,058, respectively. As of September 30, 2015 and December 31, 2014, certain property, plant and equipment of Orient Paper HB with net values of $13,896,033 and $19,300,765 have been pledged for the long-term loan from credit union of Orient Paper HB, respectively. As of September 30, 2015 and December 31, 2014, certain of the Company’s property, plant and equipment in the amount of $30,163 and $29,995 have been pledged for the facility obtained from Bank of Hebei. See “ Notes Payable” Financing with Sale-Leaseback” As of September 30, 2015 and December 31, 2014, essentially all production equipment of Orient Paper Shengde with net value of $30,012,436 and $33,287,324 has been pledged for the guarantee of Orient Paper HB’s performance under the capital lease. Depreciation and amortization of property, plant and equipment was $4,969,341 and $2,010,130 for the three months ended September 30, 2015 and 2014, respectively. Depreciation and amortization of property, plant and equipment was $10,061,558 and $5,877,824 for the nine months ended September 30, 2015 and 2014, respectively.

Loans Payable

Loans Payable	9 Months Ended
	Sep. 30, 2015
Loans Payable [Abstract]
Loans Payable	(8) Loans Payable Short-term bank loans September 30, December 31, Industrial & Commercial Bank of China (“ICBC”) Loan 1 (a) $ - $ 2,451,381 The Commercial Bank of the City of Zhangjiakou (b) - 3,268,508 ICBC Loan 2 (c) - 817,127 ICBC Loan 3 (d) 3,144,011 3,268,508 ICBC Loan 4 (e) 3,144,011 - Total short-term bank loans $ 6,288,022 $ 9,805,524 (a) On June 26, 2014, the Company obtained an accounts receivable factoring facility from the ICBC for $2,451,381 as of December 31, 2014. Under the factoring agreement, the bank has recourse against the Company if the receivables, which remain in the Company’s books at all times, are not fully collected. The factoring facility was expired on June 24, 2015 and bore an interest rate of 110% of the primary lending rate of the People’s Bank of China and was at 6.6% per annum at the time of funding. The Company paid off the principal balance and interest by June 24, 2015. Concurrent with the signing of the new factoring agreement, the Company also entered into a financial service agreement with the ICBC, which provides accounts receivable management services to the Company during the terms of the underlying factoring facility. (b) On June 9, 2014, the Company obtained from the Commercial Bank of the City of Zhangjiakou a banking facility on bank loans and notes payable, which is guaranteed by the Company’s CEO and Shijiazhuang Baode Guarantee Service Company. In obtaining the guarantee from Shijiazhuang Baode Guarantee Service Company, Hebei Tengsheng Paper Co. Ltd (“Hebei Tengsheng”), a third party which owns the land use rights of about 330 acres (or 1.33 million square meters) of land in the Wei County and leases about one-fourth of the premises to Orient paper HB as our production bases of tissue paper and other future facilities, and an independent third party provided a guarantee with the land use rights and buildings pledged by Hebei Tengsheng as collateral. On July 18, 2014, the Company entered into a working capital loan agreement with the bank for $3,268,508 as of December 31, 2014. The loan was repaid subsequently on July 16, 2015 and borne a fixed interest rate of 11.88% per annum. (c) On August 19, 2014, the Company obtained an accounts receivable factoring facility from the ICBC for $817,127 as of December 31, 2014. Under the factoring agreement, the bank has recourse against the Company if the receivables, which remain in the Company’s books at all times, are not fully collected. The factoring facility was expired on June 10, 2015 and borne an interest rate of 110% of the primary lending rate of the People’s Bank of China and was at 6.6% per annum at the time of funding. The Company paid off the principal balance and interest by June 10, 2015. (d) On November 20, 2014, the Company entered into a working capital loan agreement with the ICBC for $3,144,011 and $3,268,508 as of September 30, 2015 and December 31, 2014, respectively. The loan bears an interest rate of 110% over the primary lending rate of the People’s Bank of China and was at 6.16% per annum at the time of funding. The loan will be repayable on December 3, 2015. The working capital loan was guaranteed by Hebei Tengsheng with its land use right and real estates pledged by Hebei Tengsheng as collateral for the benefit of the bank. (e) On September 7 , 2015, the Company entered into a working capital loan agreement with the ICBC for $3,144,011 as of September 30, 2015. The loan bears an interest rate of 110% over the primary lending rate of the People’s Bank of China and was at 5.06% per annum at the time of funding. The loan will be repayable on September 6, 2016. The working capital loan was guaranteed by Hebei Tengsheng with its land use right and real estates pledged by Hebei Tengsheng as collateral for the benefit of the bank. As of September 30, 2015, there were guaranteed short-term borrowings of $6,288,022. As of December 31, 2014, there were guaranteed short-term borrowings of $3,268,508 and secured bank loans of $6,537,016. The factoring facility was secured by the Company’s accounts receivable in the amount of $nil and $3,730,123 as of September 30, 2015 and December 31, 2014, respectively. The average short-term borrowing rates for the nine months ended September 30, 2015 and 2014 were approximately 7.93% and 7.24%, respectively. The average short-term borrowing rates for the three months ended September 30, 2015 and 2014 were approximately 6.65% and 8.20%, respectively. Long-term loans from credit union As of September 30, 2015 and December 31, 2014, loans payable to Rural Credit Union of Xushui County, amounted to $5,281,939 and $5,907,828, respectively. On April 16, 2014, the Company entered into an agreement with the Rural Credit Union of Xushui County for an amount that is $1,548,426 and $1,609,740 as of September 30, 2015 and December 31, 2014, respectively. The loan is guaranteed by an independent third party. Interest payment is due quarterly and bears the rate of 0.72% per month. The loan balance would be repayable by various installments from June 21, 2014 to November 18, 2018. In August 2015, after making proper notice to the bank in accordance with the terms on the agreement, the Company repaid a portion of the loan amounted to $196,501, within which $78,600 were due before the payment date and $117,901 were paid ahead of its original repayment schedule. Early repayment is allowed as long as the Company gives a 10-day notice to the bank. As of September 30, 2015, total outstanding loan balance was $1,351,925 and presented as non-current liabilities in the consolidated balance sheet. As of December 31, 2014, total outstanding loan balance was $1,609,740 with $65,370 becoming due within one year and presented as current portion of long term loans from credit union in the consolidated balance sheet. On July 15, 2013, the Company entered into a new agreement with the Rural Credit Union of Xushui County for a term of 5 years, which is due and payable on various scheduled repayment dates between December 21, 2013 and July 26, 2018. The loan is secured by certain of the Company’s manufacturing equipment in the amount of $13,896,033 and $19,300,765 as of September 30, 2015 and December 31, 2014, respectively. Interest payment is due quarterly and bears a fixed rate of 0.72% per month. In August 2015, after making proper notice to the bank in accordance with the terms on the agreement, the Company repaid a portion of the loan amounted to $204,361, within which $94,320 were due before the payment date and $110,041 were paid ahead of its original repayment schedule. Early repayment is allowed as long as the Company gives a 10-day notice to the bank. As of September 30, 2015, the total outstanding loan balance was $3,930,014 and presented as non-current liabilities in the consolidated balance sheet. As of December 31, 2014, the total outstanding loan balance was $4,298,088, with $81,713 becoming due within one year and presented as current portion of long term loans from credit union in the consolidated balance sheet. Total interest expenses for the short-term bank loans and long-term loans for the three months ended September 30, 2015 and 2014 were $184,748 and $307,746, respectively. Total interest expenses for the short-term bank loans and long-term loans for the nine months ended September 30, 2015 and 2014 were $845,751 and $778,472, respectively. Financing with Sale-Leaseback The Company entered into a sale-leaseback arrangement (the “Lease Financing Agreement”) with CNFTFL on June 16, 2013, for a total financing proceeds in the amount of RMB 150 million (approximately US$24 million). Under the sale-leaseback arrangement, Orient Paper HB sold the Leased Equipment to CNFTFL for RMB 150 million (approximately US$24 million). Concurrent with the sale of equipment, Orient Paper HB leases back all of the equipment sold to CNFTFL for a lease term of three years. At the end of the lease term, Orient Paper HB may pay a nominal purchase price of RMB 15,000 (approximately $2,400) to CNFTFL and buy back all of the Leased Equipment. The sale-leaseback is treated by the Company as a mere financing and capital lease transaction, rather than a sale of assets (under which gain or loss is immediately recognized) under ASC 840-40-25-4. All of the Leased Equipment are included as part of the property, plant and equipment of the Company for the periods presented; while the net present value of the minimum lease payment (including a lease service charge equal to 5.55% of the amount financed, i.e. approximately US$1.36 million) was recorded as obligations under capital lease and was calculated with CNFTFL’s implicit interest rate of 6.15% per annum and stated at $25,750,170 at the inception of the lease on June 16, 2013. Orient Paper HB made all payments due according to the schedule prior to December 15, 2014. On December 15, 2014, Orient Paper HB stopped making principal payments and entered into negotiations with the CNFTFL regarding a modified payment schedule for the remaining obligations. During the course of negotiations, Orient Paper HB continued to make interest payments due (as well as a payment of a liquidated damage of approximately $9,200 on December 26, 2014). No remedial measures were taken by the lessor or its parent company. On May 19, 2015 and June 15, 2015, the Company made payments to the lessor of RMB 5,000,000 (approximately $0.8 million) and RMB 20,000,000 (approximately $3 million), respectively. On July 1, 2015, Orient Paper HB, China Orient, and other guarantors of Lease Financing Agreement, entered into the 2015 Agreement, to amend and restate the Lease Financing Agreement entered into in 2013. The 2015 Agreement sets forth a modified and extended payment schedule with respect to the remaining payment obligation, with the final repayment date extended to June 21, 2017. Under the 2015 Agreement, the interest accrues at a rate of 15% per annum starting on June 16, 2015, and is payable on the 20th of every March, June, September and December until the principal is paid off, except for the first payment, which is due on July 31, 2015. The Company made all the payments on time according to the modified payment schedule under the 2015 Agreement in this period. In accordance with ASC 840-30-35, the present balances of the capital lease assets and obligations under capital lease were adjusted by an amount equal to the difference between the present value of the future minimum lease payments under the revised agreement (computed using the interest rate used to recognize the lease initially), which is approximately $1,617,574 at the date of the 2015 Agreement. Total interest expenses for the sale-leaseback arrangement for the three months ended September 30, 2015 and 2014 were $169,742 and $207,830, respectively. Total interest expenses for the sale-leaseback arrangement for the nine months ended September 30, 2015 and 2014 were $1,024,866 and $717,058, respectively. As a result of the sale and leaseback of equipment on June 16, 2013, a deferred gain in the amount of $1,379,282 was recorded. The deferred gain is being amortized over the lease term and as an offset to depreciation of the Leased Equipment. As part of the sale-leaseback transaction, Orient Paper HB entered into a Collateral Agreement with CNFTFL and pledged the land use right in the amount of approximately $6,947,979 on some 58,566 square meters of land as collateral for the lease. In addition to Orient Paper HB’s collateral, Orient Paper Shengde also entered into a Guarantee Contract with CNFTFL on June 16, 2013. Under the Guarantee Contract, Orient Paper Shengde agrees to guarantee Orient Paper HB’s performance under the lease and to pledge all of its production equipment as additional collateral. The net book value of Orient Paper Shengde’s asset guarantee was $30,012,436 and $33,287,324 as of September 30, 2015 and December 31, 2014, respectively. The future minimum lease payments of the capital lease as of September 30, 2015 were as follows: Year Ending September 30, Amount 2016 $ 6,909,293 2017 6,764,865 Totals 13,674,158 Less: unearned discount (782,363 ) $ 12,891,795

Related Party Transactions

Related Party Transactions	9 Months Ended
	Sep. 30, 2015
Related Parties Transactions [Abstract]
Related Parties Transactions	(9) Related Party Transactions The Company’s CEO loaned money to Orient Paper HB for working capital purposes over a period of time. On January 1, 2013, Orient Paper HB and Mr. Liu renewed the three-year term loan previously entered on January 1, 2010, and extended the maturity date further to December 31, 2015. The balance was $2,296,059 and $2,386,978 as of September 30, 2015 and December 31, 2014, respectively. The unsecured loan carries an annual interest rate based on the People’s Bank of China and was set at 6.15% per annum. The entire balance is presented as current portion of long term loan from a related party in the condensed consolidated balance sheet as of September 30, 2015. On December 10, 2014, Mr. Liu loaned $9,432,034 and $9,805,524 as of September 30, 2015 and December 31, 2014, to Orient Paper HB for working capital purpose with an annual interest rate based on the People’s Bank of China and was set at 6.00% per annum. The unsecured loan will expire on December 10, 2017. On March 1, 2015, the Company entered an agreement with the CEO which allows Orient Paper HB to borrow from the CEO with an amount up to $18,864,069 (RMB120,000,000) for working capital purposes. The advances or funding under the agreement are due in three years from the date each amount is funded. The loan will be unsecured and carry an annual interest rate set on the basis of the primary lending rate of the People’s Bank of China at the time of the borrowing. On July 13, 2015, an unsecured loan of $4,716,017 was drawn from the facility, which carried an interest rate of 5.25%. The loan will be matured on July 12, 2018. As of September 30, 2015 and December 31, 2014, total amount of loans due to Mr. Liu were $16,444,110 and $12,192,502, respectively. The interest expenses incurred for above related party loans are $230,926 and $36,445 for the three months ended September 30, 2015 and 2014, respectively. The interest expenses incurred for above related party loans are $596,110 and $109,556 for the nine months ended September 30, 2015 and 2014, respectively. On January 20, 2015, the Company’s CEO agreed in writing to permit the Company to postpone the repayment of the loan and accrued interest on his loan to Orient Paper HB until the earliest date on which the Company's quarterly or annual financial statements filed with the SEC show a satisfactory working capital level. The accrued interest owned to Mr. Liu was approximately $1,311,592 and $761,242, which was recorded in other payables and accrued liabilities (see Note (11) below) as part of the current liabilities as of September 30, 2015 and December 31, 2014, respectively. During the nine months and three months ended September 30, 2015, the Company borrowed $390,000 and $90,000, respectively, from a shareholder to pay for various expenses incurred in the U.S. The amount was repayable on demand with interest free. The Company repaid the entire balance by the end of the period. During the nine months and the three months ended September 30, 2014, the Company borrowed $643,500 and $300,000, respectively, from a shareholder to pay for various expenses incurred in the U.S. The amount was repayable on demand with interest free. The Company repaid the entire balance by the end of the period. Sale of Headquarters Compound Real Properties to a Related Party On August 7, 2013, the Company’s Audit Committee and the Board of Directors approved the sale of the land use right of the Headquarters Compound (the “LUR”), the office building and essentially all industrial-use buildings in the Headquarters Compound (the “Industrial Buildings”), and three employee dormitory buildings located within the Headquarters Compound (the “Dormitories”) to Hebei Fangsheng for cash prices of approximately $2.77 million, $1.15 million, and $4.31 million respectively. In connection with the sale of the Industrial Buildings, Hebei Fangsheng agreed to lease the Industrial Buildings back to the Company for its original use for a term of up to three years, with an annual rental payment of approximately $157,201 (RMB1,000,000). On January 21, 2015, Hebei Fangsheng agreed in writing to permit the Company to continue to postpone the repayment of the accrued rental charged to Orient Paper HB until the earliest date on which the Company's quarterly or annual financial statements filed with the SEC show a satisfactory working capital level. The accrued rental owned to Hebei Fangsheng was approximately $337,120 and $227,900, which was recorded as part of the current liabilities as of September 30, 2015 and December 31, 2014, respectively. The sale was conducted on an arms-length basis, and was reviewed by the Company’s Audit Committee and approved by the Board of Directors. The $2.77 million sale price of the industrial land use right was determined by the valuation from a government designated appraisal, which was 3.35% higher than a second independent appraisal commissioned by the Company. The $1.15 million sale price of the Industrial Buildings was determined by negotiation between the Company and Hebei Fangsheng and is equal to the appraised value based on the assumption that the use of the buildings would be continued until they are retired. Based on the assumption that such buildings would have to be torn down to comply with the re-zoning, a second independent appraisal obtained by the Company put the value at $0.4 million. Although the Company and Hebei Fangsheng agree to set the sale price of the Dormitories at the Company’s original construction cost of the three dormitory buildings for $4.31 million, an independent appraisal shows that the value for the three buildings as employee dormitories was $4.64 million. As a condition for the sale of the Dormitories, Hebei Fangsheng agrees that it will act as an agent for the Company, which does not have the qualification to sell residential housing units in China, and that it is obligated to sell all of the 132 apartment units in the Dormitories to qualified employees of the Company at its acquisition price. Hebei Fangsheng further represents that it will not seek to profit from the resale of the Dormitories units and will allow the Company to inspect the books and records of the sale upon completion of the resale of the Dormitories units to ensure the objectives are achieved. Sales of the LUR and the Industrial Buildings were completed in year 2013. Sales of the dormitories, which was classified as assets held for sale as of December 31, 2013, was consummated on August 15, 2014 with a gain on disposal of approximately $203,488 recognized during the three and nine months ended September 30, 2014. Land Use Right Pledged by Hebei Fangsheng Independent from the above related party sale transaction, on March 3, 2014, Hebei Fangsheng entered into a Collateral Agreement with SPD Bank in connection with the Company’s bank acceptance note obtained from the SPD Bank (see Note (10) below). Under the Collateral Agreement, Hebei Fangsheng pledged certain land-use-right on a parcel of land located in Wei County, Hebei for the benefit of the SPD Bank as collateral to secure the credit facility of the bank acceptance note during the period from March 3, 2014 to March 2, 2016. As explained above, Hebei Fangsheng is controlled by the Company’s CEO.

Notes Payable

Notes Payable	9 Months Ended
	Sep. 30, 2015
Notes Payable [Abstract]
Notes payable	(10) Notes payable As of September 30, 2015, the Company bank acceptance notes of $6,288,023 from the Bank of Hebei, to one of its major suppliers for settling purchase of raw materials. The acceptance notes are used to essentially extend the payment of accounts payable and are issued under the banking facilities obtained from bank as well as the restricted bank deposit of $3,144,011 in the bank as mentioned in Note (3). The banking facility obtained from the Bank of Hebei was secured by certain of the Company’s property, plant and equipment in the amount of $30,163, and guaranteed by the Company’s CEO and his wife, two directors of the Company’s subsidiaries and five independent third parties. The bank acceptance notes from the bank bore interest rate at nil% per annum and 0.05% of notes amount as handling change. The acceptance notes will become due and payable on various dates starting from January 7 to 20, 2016. As of December 31, 2014, the Company had eleven bank acceptance notes that totaled of $1,405,458, $6,537,016 and $8,171,270, respectively, from Bank of Hebei, SPD Bank and the Commercial Bank of the City of Zhangjiakou, respectively, to one of its major suppliers for settling purchase of raw materials. These acceptances notes were used to essentially extend the payment of accounts payable and were issued under the banking facilities obtained from these three banks as well as the restricted bank deposit of $8,873,999 in these three banks as mentioned in Note (3). In particular, the banking facility obtained from Bank of Hebei was secured by certain of the Company’s property, plant and equipment in the amount of $29,995 and guaranteed by the Company’s CEO and Hebei Fangsheng and two independent third parties. The banking facility obtained from SPD Bank was secured by land use right from a related party as mentioned in Note (9). The banking facility obtained from the Commercial Bank of the City of Zhangjiakou was guaranteed by the Company’s CEO and Shijiazhuang Baode Guarantee Service Company as mentioned in Note (8). The bank acceptance notes from those three banks bore interest rate at nil% per annum and 0.05% of notes amount as handling change. They were due and paid on various dates starting from January 7, 2015 to April 23, 2015.

Other Payables and Accrued Liab

Other Payables and Accrued Liabilities	9 Months Ended
	Sep. 30, 2015
Other Payables and Accrued Liabilities [Abstract]
Other payables and accrued liabilities	(11) Other payables and accrued liabilities Other payables and accrued liabilities consist of the following: September 30, December 31, 2015 2014 Accrued electricity $ 325,273 $ 334,212 Value-added tax payable 469,403 841,556 Accrued interest to a related party 1,311,592 761,242 Payable for purchase of equipment 2,150,008 244,050 Others 163,309 219,463 Totals $ 4,419,585 $ 2,400,523

Common Stock

Common Stock	9 Months Ended
	Sep. 30, 2015
Common Stock [Abstract]
Common Stock	(12) Common Stock Issuance of common stock to investors On August 27, 2014, the Company issued 1,562,500 shares of our common stock and warrants to purchase up to 781,250 shares of our common stock (the “Offering”). Each share of common stock and accompanying warrant was sold at a price of $1.60. Please refer to Note (13), Stock Warrants, for details.

Stock Warrants

Stock Warrants	9 Months Ended
	Sep. 30, 2015
Stock Warrants [Abstract]
Stock warrants	(13) Stock warrants On August 27, 2014, the Company issued 1,562,500 shares of our common stock and warrants to purchase up to 781,250 shares of our common stock. The warrants have an exercise price of $1.70 per share. These warrants are exercisable immediately upon issuance on September 3, 2014 and have a term of exercise equal to five years from the date of issuance till September 2, 2019. The fair value of these shares amounted to $780,000, is classified as equity at the date of issuance. The fair value of the warrants issued was estimated by using the Binominal pricing model with the following assumptions: Terms of warrants 5 years Expected volatility 72.0 % Risk-free interest rate 1.69 % Expected dividend yield 0.81 % In connection with the Offering, the Company issued warrants to its placement agent of this Offering, which can purchase an aggregate of up to 2.50% of the aggregate number of shares of common stock sold in the Offering, i.e. 39,062 shares. These warrants have substantially the same terms as the warrants issued to purchaser in the Offering, except that the exercise price is $2.00 per share and the expiration date is from September 3, 2014 to June 26, 2019. The fair value of these shares amounted to $35,191, is classified in the equity at the date of issuance to net off the proceeds from the issuance of the shares and warrants. The fair value of the warrants issued was estimated by using the Binominal pricing model with the following assumptions: Terms of warrants 4.81 years Expected volatility 69.8 % Risk-free interest rate 1.62 % Expected dividend yield 0.81 % The Company applied judgment in estimating key assumptions in determining the fair value of the warrants on the date of issuance. The Company used historical data to estimate stock volatilities and expected dividend yield. The risk-free rates are consistent with the terms of the warrants and are based on the United States Treasury yield curve in effect at the time of issuance. A summary of stock warrant activities is as below: Nine months ended September 30, 2015 Nine months ended September 30, 2014 Number Weight average exercise price Number Weight average exercise price Outstanding and exercisable at beginning of the period 820,312 $ 1.71 $ Issued during the period - - 820,312 1.71 Exercised during the period - - Cancelled or expired during the period - - Outstanding and exercisable at end of the period 820,312 $ 1.71 820,312 $ 1.71 Range of exercise price $1.70 to $2.00 $1.70 to $2.00 The weighted average fair value of warrants granted for the period ended September 30, 2014 was $0.99 per share. No warrants were exercised, cancelled or expired during the period ended September 30, 2014. As of September 30, 2014, the aggregated intrinsic value of warrants outstanding and exercisable was $nil. No warrants were issued, exercised, cancelled or expired during the period ended September 30, 2015. As of September 30, 2015, the aggregated intrinsic value of warrants outstanding and exercisable was $nil.

Earnings Per Share

Earnings Per Share	9 Months Ended
	Sep. 30, 2015
Earnings Per Share [Abstract]
Earnings Per Share	(14) Earnings Per Share For the three months ended September 30, 2015 and 2014, basic and diluted net income per share are calculated as follows: Three Months Ended September 30, 2015 2014 Basic income per share Net income for the period - numerator $ 1,685,897 $ 3,372,944 Weighted average common stock outstanding - denominator 20,316,400 18,923,374 Net income per share $ 0.08 $ 0.18 Diluted income per share Net income for the period - numerator $ 1,685,897 $ 3,372,944 Weighted average common stock outstanding - denominator 20,316,400 18,923,374 Effect of dilution 11,603 - Weighted average common stock outstanding - denominator 20,328,003 18,923,374 Diluted income per share $ 0.08 $ 0.18 For the nine months ended September 30, 2015 and 2014, basic and diluted net income per share are calculated as follows: Nine Months Ended September 30, 2015 2014 Basic income per share Net income for the period - numerator $ 9,381,916 $ 9,478,346 Weighted average common stock outstanding - denominator 20,316,400 18,909,001 Net income per share $ 0.46 $ 0.50 Diluted income per share Net income for the period - numerator $ 9,381,916 $ 9,478,346 Weighted average common stock outstanding - denominator 20,316,400 18,909,001 Effect of dilution - - Weighted average common stock outstanding - denominator 20,316,400 18,909,001 Diluted income per share $ 0.46 $ 0.50 For the three months and nine months ended September 30, 2014, 820,312 shares related to warrants are excluded from the calculations of dilutive net income per share as their effects would have been anti-dilutive since the average share price for the three months and nine months ended September 30, 2014 were lower than the warrants exercise price. For the three months ended September 30, 2015, 39,062 shares related to warrants are excluded from the calculations of dilutive net income per share as their effects would have been anti-dilutive since the average share price for the three months ended September 30, 2015 were lower than the warrants exercise price. For the nine months ended September 30, 2015, 820,312 shares related to warrants are excluded from the calculations of dilutive net income per share as their effects would have been anti-dilutive since the average share price for the nine months ended September 30, 2015 were lower than the warrants exercise price.

Income Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2015
Income Taxes [Abstract]
Income Taxes	(15) Income Taxes United States Orient Paper and Shengde Holdings are incorporated in the State of Nevada and are subject to the U.S. federal tax and state statutory tax rates up to 34% and 0%, respectively. PRC Orient Paper HB and Orient Paper Shengde are PRC operating companies and are subject to PRC Enterprise Income Tax. Pursuant to the PRC New Enterprise Income Tax Law, Enterprise Income Tax is generally imposed at a statutory rate of 25%. The provisions for income taxes for three Three Months Ended September 30, 2015 2014 Provision for Income Taxes Current Tax Provision – PRC $ 954,339 $ 1,019,837 Deferred Tax Provision – PRC (384,171 ) 227,419 Total Provision for Income Taxes $ 570,168 $ 1,247,256 The provisions for income taxes for nine months ended September 30, 2015 and 2014 were as follows: Nine Months Ended September 30, 2015 2014 Provision for Income Taxes Current Tax Provision – PRC $ 4,230,894 $ 3,055,355 Deferred Tax Provision – PRC (878,730 ) 481,138 Total Provision for Income Taxes $ 3,352,164 $ 3,536,493 During the three months ended September 30, 2015 and 2014, the effective income tax rate was estimated by the Company to be 25.3% and 27.0%, respectively. During the nine months ended September 30, 2015 and 2014, the effective income tax rate was estimated by the Company to be 26.3% and 27.2%, respectively. The effective tax rate is lower than the U.S. statutory rate of 35% primarily because the undistributed earnings of our PRC subsidiary Orient Paper Shengde and the VIE, Orient Paper HB are considered or are expected to be indefinitely reinvested offshore to support our future capacity expansion. The Company has adopted ASC Topic 740-10-05, Income Taxes.

Stock Incentive Plans

Stock Incentive Plans	9 Months Ended
	Sep. 30, 2015
Stock Incentive Plans [Abstract]
Stock Incentive Plans	(16) Stock Incentive Plans Issuance of common stock pursuant to the 2011 Incentive Stock Plan and 2012 Incentive Stock Plan On September 10, 2012, the Company’s Annual General Meeting approved the 2012 Incentive Stock Plan of Orient Paper, Inc. (the “2012 ISP”) as previously adopted by the Board of Directors on July 4, 2012. Under the 2012 ISP, the Company may grant an aggregate of 200,000 shares of the Company’s common stock to the Company’s directors, officers, employees or consultants. Specifically, the Board and/or the Compensation Committee have authority to (a) grant, in its discretion, Incentive Stock Options or Non-statutory Options, Stock Awards or Restricted Stock Purchase Offers; (b) determine in good faith the fair market value of the stock covered by any grant; (c) determine which eligible persons shall receive grants and the number of shares, restrictions, terms and conditions to be included in such grants; and (d) make all other determinations necessary or advisable for the 2012 ISP's administration. On December 31, 2013, the Compensation Committee granted restricted common shares of 297,000, out of which 265,416 shares were granted under the 2011 ISP and 31,584 shares under the 2012 ISP, to certain officers, directors and employees of the Company when the stock was at $2.66 per share, as compensation for their services in the past years. Total fair value of the stock was calculated at $790,020 as of the date of grant. No stock or option was issued under the 2012 ISP subsequently. 2015 Incentive Plan On August 29, 2015, the Company’s Annual General Meeting approved the 2015 Omnibus Equity Incentive Plan of Orient Paper, Inc. (the “2015 ISP”) as previously adopted by the Board of Directors on July 10, 2015. Under the 2015 ISP, the Company may grant an aggregate of 1,500,000 shares of the Company’s common stock to the directors, officers, employees and/or consultants of the Company and its subsidiaries. No stock was issued under the 2015 ISP on or before September 30, 2015.

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Sep. 30, 2015
Commitments and Contingencies [Abstract]
Commitments and Contingencies	(17) Commitments and Contingencies Operating Lease Orient Paper leases 32.95 acres of land from a local government in Xushui County, Baoding City, Hebei, China through a real estate lease with a 30-year term, which expires on December 31, 2031. The lease requires an annual rental payment of approximately $18,864 (RMB 120,000). This operating lease is renewable at the end of the 30-year term. On November 27, 2012, Orient Paper entered into a 49.4 acres land lease with an investment company in the Economic Development Zone in Wei County, Hebei Province, China. The lease term of the Wei County land lease commences on the date of the lease and lasts for 15 years. The lease requires an annual rental payment of $565,922 (RMB 3,600,000). The Company will be building two new tissue paper production lines and future production facilities in the leased Wei County land. As mentioned in Note (9) Related Party Transactions, in connection with the sale of Industrial Buildings to Hebei Fangsheng, Hebei Fangsheng agrees to lease the Industrial Buildings back to Orient Paper at an annual rental of $157,201 (RMB 1,000,000), for a term of up to three years. The Company will continue its operations in the current location for a maximum of three years before the relocation completed. Future minimum lease payments of all operating leases are as follows: September 30, Amount 2016 $ 741,987 2017 584,786 2018 584,786 2019 584,786 2020 584,786 Thereafter 4,216,119 $ 7,297,250 Capital commitment As of September 30, 2015, the Company has signed several contracts for construction of equipment and facilities, including a new tissue paper production line PM8. Total outstanding commitments under these contracts were $13,522,167 and $24,561,228 as of September 30, 2015 and December 31, 2014, respectively. The Company expected to pay off all the balances within 1 year.

Segment Reporting

Segment Reporting	9 Months Ended
	Sep. 30, 2015
Segment Reporting [Abstract]
Segment Reporting	(18) Segment Reporting Since March 10, 2010, Orient Paper Shengde started its operations and thereafter the Company manages its operations through two business operating segments: Orient Paper HB, which produces offset printing paper and corrugating medium paper, and Orient Paper Shengde, which produces digital photo paper. They are managed separately because each business requires different technology and marketing strategies. The Company evaluates performance of its operating segments based on net income. Administrative functions such as finance, treasury, and information systems are centralized. However, where applicable, portions of the administrative function expenses are allocated between the operating segments based on gross revenue generated. The operating segments do share facilities in Xushui County, Baoding City, Hebei Province, China. All sales were sold to customers located in the PRC. Summarized financial information for the two reportable segments is as follows: Three Months Ended September 30, 2015 Orient Paper Orient Paper Not Attributable Elimination Enterprise-wide, HB Shengde to Segments segment consolidated Revenues $ 32,255,518 $ 151,359 $ - $ - $ 32,406,877 Gross Profit 6,557,624 (141,063 ) - - 6,416,561 Depreciation and amortization 4,889,952 79,389 - - 4,969,341 Interest income 9,650 335 - - 9,985 Interest expense 566,122 - - - 566,122 Income tax expense 611,163 (40,995 ) - - 570,168 Net Income (Loss) 1,865,481 (135,442 ) (44,142 ) - 1,685,897 Three Months Ended September 30, 2014 Orient Paper Orient Paper Not Attributable Elimination of Inter- Enterprise-wide, HB Shengde to Segments segment consolidated Revenues $ 40,183,579 $ 570,626 $ - $ - $ 40,754,205 Gross Profit 6,401,583 9,265 - - 6,410,848 Depreciation and amortization 1,308,580 701,550 - - 2,010,130 Interest income 33,752 1,338 - - 35,090 Interest expense 344,191 - - - 344,191 Income tax expense 1,227,949 19,307 - - 1,247,256 Net Income (Loss) 3,801,421 (39,917 ) (388,560 ) - 3,372,944 Nine Months Ended September 30, 2015 Orient Paper Orient Paper Not Attributable Elimination Enterprise-wide, HB Shengde to Segments segment consolidated Revenues $ 100,017,223 $ 177,140 $ - $ - $ 100,194,363 Gross Profit 22,023,737 (136,929 ) - - 21,886,808 Depreciation and amortization 9,477,134 584,424 - - 10,061,558 Interest income 63,899 1,285 - - 65,184 Interest expense 2,350,233 - - - 2,350,233 Income tax expense 3,535,575 (183,411 ) - - 3,352,164 Net Income (Loss) 10,648,898 (616,560 ) (650,422 ) - 9,381,916 Total Assets 196,595,894 34,713,063 152,424 - 231,461,381 Nine Months Ended September 30, 2014 Orient Paper Orient Paper Not Attributable Elimination of Inter- Enterprise-wide, HB Shengde to Segments segment consolidated Revenues $ 101,402,582 $ 2,941,752 $ - $ - $ 104,344,334 Gross Profit 16,637,730 564,961 - - 17,202,691 Depreciation and amortization 3,764,983 2,112,841 - - 5,877,824 Interest income 77,043 2,895 - - 79,938 Interest expense 888,028 - - - 888,028 Income tax expense 3,378,702 157,791 - - 3,536,493 Net Income (Loss) 10,266,271 310,373 (1,098,298 ) - 9,478,346 Year Ended December 31, 2014 Orient Paper Orient Paper Not Attributable Elimination of Inter- Enterprise-wide, HB Shengde to Segments segment consolidated Total Assets $ 200,764,663 $ 38,914,243 $ 88,679 $ - $ 239,767,585

Concentration and Major Custome

Concentration and Major Customers and Suppliers	9 Months Ended
	Sep. 30, 2015
Concentration of Major Customers and Suppliers of Credit Risk Under Risks and Uncertainties [Abstract]
Concentration and Major Customers and Suppliers	(19) Concentration and Major Customers and Suppliers For the three months ended September 30, 2015 and 2014, the Company had no single customer contributing over 10% of total sales. For the nine months ended September 30, 2015 and 2014, the Company had no single customer contributing over 10% of total sales. For the three months ended September 30, 2015, the Company had two major suppliers which primarily accounted for 60% and 20% of the total purchases. For the three months ended September 30, 2014, the Company had two major suppliers which primarily accounted for 52% and 21% of the total purchases. For the nine months ended September 30, 2015, the Company had two major suppliers which primarily accounted for 61% and 19% of the total purchases. For the nine months ended September 30, 2014, the Company had three major suppliers which primarily accounted for 62%, 13% and 8% of the total purchases.

Concentration of Credit Risk

Concentration of Credit Risk	9 Months Ended
	Sep. 30, 2015
Concentration of Major Customers and Suppliers of Credit Risk Under Risks and Uncertainties [Abstract]
Concentration of Credit Risk	(20) Concentration of Credit Risk Financial instruments for which the Company is potentially subject to concentration of credit risk consist principally of cash. The Company places its cash in reputable financial institutions in the PRC and the United States. Although it is generally understood that the PRC central government stands behind all of the banks in China in the event of bank failure, there is no deposit insurance system in China that is similar to the protection provided by the Federal Deposit Insurance Corporation (“FDIC”) of the United States as of December 31, 2014. On May 1, 2015, the new “Deposit Insurance Regulations” was effective in the PRC that the maximum protection would be up to RMB500,000 (US$78,600) per depositor per insured financial intuition, including both principal and interest. For the cash placed in financial institutions in the United States, the Company’s U.S. bank accounts are all fully covered by the FDIC insurance as of September 30, 2015 and December 31, 2014, respectively, while for the cash placed in financial institutions in the PRC, the balances exceeding the maximum coverage of RMB500,000 amounted to RMB25,122,279 (US$3,949,237) as of September 30, 2015.

Risks and Uncertainties

Risks and Uncertainties	9 Months Ended
	Sep. 30, 2015
Concentration of Major Customers and Suppliers of Credit Risk Under Risks and Uncertainties [Abstract]
Risks and Uncertainties	(21) Risks and Uncertainties Orient Paper is subject to substantial risks from, among other things, intense competition associated with the industry in general, other risks associated with financing, liquidity requirements, rapidly changing customer requirements, foreign currency exchange rates, and operating in the PRC under its various laws and restrictions.

Recent Accounting Pronouncement

Recent Accounting Pronouncements	9 Months Ended
	Sep. 30, 2015
Recent Accounting Pronouncements [Abstract]
Recent Accounting Pronouncements	(22) Recent Accounting Pronouncements In August 2015, the FASB issued ASU 2015-14, Revenue from Contracts with Customers (Topic 606): Deferral of the Effective Date, which defers the effective date of ASU 2014-09 for all entities by one year. Public business entities, certain not-for-profit entities, and certain employee benefit plans should apply the guidance in ASU 2014-09 to annual reporting periods beginning after December 15, 2017, including interim reporting periods within that reporting period. Earlier application is permitted only as of annual reporting periods beginning after December 15, 2016, including interim reporting periods within that reporting period. Currently, the Company is evaluating the impact of our pending adoption of ASU 2014-09 and ASU 2015-14 on its consolidated financial statements and has not yet determined the method by which it will adopt the standard in year 2018.

Basis of Presentation and Sig28

Basis of Presentation and Significant Accounting Policies (Policies)	9 Months Ended
	Sep. 30, 2015
Basis of Presentation and Significant Accounting Policies [Abstract]
Principles of Consolidation	Principles of Consolidation Our unaudited condensed consolidated financial statements reflect all adjustments, which are, in the opinion of management, necessary for a fair presentation of our financial position and results of operations. Such adjustments are of a normal recurring nature, unless otherwise noted. The balance sheet as of September 30, 2015 and the results of operations for the three and nine months ended September 30, 2015 are not necessarily indicative of the results to be expected for any future period. Our unaudited condensed consolidated financial statements are prepared in accordance with GAAP. These accounting principles require us to make certain estimates, judgments and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. We believe that the estimates, judgments and assumptions are reasonable, based on information available at the time they are made. Actual results could differ materially from those estimates.
Valuation of long-lived asset	Valuation of long-lived asset The Company reviews the carrying value of long-lived assets to be held and used when events and circumstances warrants such a review. 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 and intangible assets. 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 and intangible assets to be disposed are determined in a similar manner, except that fair market values are reduced for the cost to dispose.
Fair Value of Financial Instruments	Fair Value of Financial Instruments The Company estimates the fair value of financial instruments using the available market information and valuation methods. Considerable judgment is required in estimating fair value. Accordingly, the estimates of fair value may not be indicative of the amounts that the Company could realize in a current market exchange. As of September 30, 2015 and December 31, 2014, the carrying value of the Company’s short term financial instruments, such as cash and cash equivalents, accounts receivable, accounts and notes payable, short-term bank loans and balance due to a related party, approximate at their fair values because of the short maturity of these instruments; while long-term bank loans, loans from a related party and obligations under capital lease approximate at their fair value as the interest rates thereon are close to the market rates of interest published by the People’s Bank of China.
Liquidity and Going Concern	Liquidity and Going Concern As of September 30, 2015, the Company had current assets of $21,101,202 and current liabilities of $27,815,091 (including amounts due to related parties of $3,944,771), resulting in a working capital deficit of approximately $6,713,889; while as of December 31, 2014, the Company had current assets of $26,554,862 and current liabilities of $44,470,148 (including amounts due to related parties of $3,376,120), resulting in a working capital deficit of approximately $17,915,286. We are currently seeking to restructure the term of our liabilities by raising funds through long-term loans to pay off liabilities with shorter terms. Our ability to continue as a going concern is dependent upon obtaining the necessary financing or negotiating the terms of the existing short-term liabilities to meet our current and future liquidity needs. On January 20, 2014, our Chairman and Chief Executive Officer (“CEO”) Mr. Zhenyong Liu agreed in writing to permit the Company to continue to postpone the repayment of the accrued interest on his loan to Orient Paper HB until the Company is able to pay its other creditors in its normal course of business. The accrued interest owned to Mr. Liu was approximately $1,311,592, which was recorded in other payables and accrued liabilities as part of the current liabilities in the condensed consolidated financial statement as of September 30, 2015 (see Note (11) below). On January 21, 2015, Hebei Fangsheng, a real estate development company owned by Mr. Zhenyong Liu, our Chairman and Chief Executive Officer and his family, agreed in writing to permit the Company to continue to postpone the repayment of the accrued rental charged to Orient Paper HB until the earliest date on which the Company's quarterly or annual financial statements filed with the SEC show a satisfactory working capital level. The accrued rental owned to Hebei Fangsheng was approximately $337,120 and $227,900, which was recorded in as part of the current liabilities as of September 30, 2015 and December 31, 2014, respectively. On March 1, 2015, the Company entered an agreement with the CEO which allows Orient Paper HB to borrow from the CEO with an amount up to $18,864,069 (RMB120,000,000) for working capital purposes. The advances or funding under the agreement are due in three years from the date each amount is funded. The loan will be unsecured and carry an annual interest rate set on the basis of the primary lending rate of the People’s Bank of China at the time of the borrowing. On July 13, 2015, an unsecured loan of $4,716,017 was drawn from the facility, which carried an interest rate of 5.25%. The loan will be matured on July 12, 2018. On March 9, 2015, Mr. Zhenyong Liu agreed in writing to permit the Company to postpone the repayment of the related party loan of $2,296,059 which will expire at December 31, 2015. (see Note (9) below). On July 1, 2015, Orient Paper HB, Shijiazhuang Office of China Orient Asset Management Corporation (“China Orient”), the parent and assignee of the rights of China National Foreign Trade Financial & Leasing Co., Ltd (“CNFTFL”), and other guarantors of Lease Financing Agreement, entered into an agreement (the “2015 Agreement”), to amend and restate the Lease Financing Agreement entered into in 2013. The 2015 Agreement sets forth a modified and extended payment schedule with respect to the remaining payment obligation, with principal payable on the 21th of December 2015, June 2016, December 2016 and final payment on June 21, 2017. Although management believes it can secure financial resources to satisfy the Company's current liabilities and the capital expenditure needs in the next 12 months, there are no guarantees that these financial resources will be secured. Therefore, there is a substantial doubt about the ability of the Company to continue as a going concern that it may be unable to realize its assets and discharge its liabilities in the normal course of business. Our consolidated financial statements do not include any adjustments that might be necessary if we are unable to continue as a going concern.

Organization and Business Bac29

Organization and Business Background (Tables)	9 Months Ended
	Sep. 30, 2015
Organization and Business Background [Abstract]
Subsidiaries and variable interest entities	Place of Date of Incorporation Incorporation or Percentage of Name or Establishment Establishment Ownership Principal Activity Subsidiary: Dongfang Holding November 13, 2006 BVI 100% Inactive investment holding Shengde Holdings February 25, 2009 State of Nevada 100% Investment holding Orient Paper Shengde June 1, 2009 PRC 100% Paper Production and distribution Variable interest entity: Orient Paper HB March 10, 1996 PRC Control* Paper Production and distribution * Orient Paper HB is treated as a 100% controlled variable interest entity of the Company

Inventories (Tables)

Inventories (Tables)	9 Months Ended
	Sep. 30, 2015
Inventories [Abstract]
Schedule of inventories	September 30, December 31, 2015 2014 Raw Materials Recycled paper board $ 5,422,262 $ 4,338,069 Recycled white scrap paper 1,566,153 1,212,588 Coal 173,962 497,038 Base paper and other raw materials 296,556 95,053 7,458,933 6,142,748 Finished Goods 1,797,886 996,851 Totals $ 9,256,819 $ 7,139,599

Prepayments and Other Current31

Prepayments and Other Current Assets (Tables)	9 Months Ended
	Sep. 30, 2015
Prepayments and Other Current Assets [Abstract]
Summary of prepayments and other current assets	September 30, December 31, 2015 2014 Prepaid NYSE MKT annual fee $ 26,250 $ 7,500 Recoverable VAT 284,376 250,000 Prepaid insurance 70,000 55,000 Prepayment for purchase of materials 7,860 1,910,643 Prepaid land lease 51,876 490,276 Others 10,311 206,249 $ 450,673 $ 2,919,668

Property, Plant and Equipment (

Property, Plant and Equipment (Tables)	9 Months Ended
	Sep. 30, 2015
Property, Plant and Equipment [Abstract]
Schedule of property, plant and equipment	September 30, December 31, 2015 2014 Property, Plant, and Equipment: Land use rights $ 7,457,581 $ 7,752,886 Building and improvements 77,322,772 44,889,395 Machinery and equipment 129,658,550 121,332,310 Vehicles 679,636 706,548 Construction in progress 42,868,015 78,484,066 257,986,554 253,165,205 Less: accumulated depreciation and amortization (53,352,845 ) (44,952,007 ) Property, Plant and Equipment, net $ 204,633,709 $ 208,213,198

Loans Payable (Tables)

Loans Payable (Tables)	9 Months Ended
	Sep. 30, 2015
Loans Payable [Abstract]
Schedule of short-term bank loans	September 30, December 31, Industrial & Commercial Bank of China (“ICBC”) Loan 1 (a) $ - $ 2,451,381 The Commercial Bank of the City of Zhangjiakou (b) - 3,268,508 ICBC Loan 2 (c) - 817,127 ICBC Loan 3 (d) 3,144,011 3,268,508 ICBC Loan 4 (e) 3,144,011 - Total short-term bank loans $ 6,288,022 $ 9,805,524 (a) On June 26, 2014, the Company obtained an accounts receivable factoring facility from the ICBC for $2,451,381 as of December 31, 2014. Under the factoring agreement, the bank has recourse against the Company if the receivables, which remain in the Company’s books at all times, are not fully collected. The factoring facility was expired on June 24, 2015 and bore an interest rate of 110% of the primary lending rate of the People’s Bank of China and was at 6.6% per annum at the time of funding. The Company paid off the principal balance and interest by June 24, 2015. Concurrent with the signing of the new factoring agreement, the Company also entered into a financial service agreement with the ICBC, which provides accounts receivable management services to the Company during the terms of the underlying factoring facility. (b) On June 9, 2014, the Company obtained from the Commercial Bank of the City of Zhangjiakou a banking facility on bank loans and notes payable, which is guaranteed by the Company’s CEO and Shijiazhuang Baode Guarantee Service Company. In obtaining the guarantee from Shijiazhuang Baode Guarantee Service Company, Hebei Tengsheng Paper Co. Ltd (“Hebei Tengsheng”), a third party which owns the land use rights of about 330 acres (or 1.33 million square meters) of land in the Wei County and leases about one-fourth of the premises to Orient paper HB as our production bases of tissue paper and other future facilities, and an independent third party provided a guarantee with the land use rights and buildings pledged by Hebei Tengsheng as collateral. On July 18, 2014, the Company entered into a working capital loan agreement with the bank for $3,268,508 as of December 31, 2014. The loan was repaid subsequently on July 16, 2015 and borne a fixed interest rate of 11.88% per annum. (c) On August 19, 2014, the Company obtained an accounts receivable factoring facility from the ICBC for $817,127 as of December 31, 2014. Under the factoring agreement, the bank has recourse against the Company if the receivables, which remain in the Company’s books at all times, are not fully collected. The factoring facility was expired on June 10, 2015 and borne an interest rate of 110% of the primary lending rate of the People’s Bank of China and was at 6.6% per annum at the time of funding. The Company paid off the principal balance and interest by June 10, 2015. (d) On November 20, 2014, the Company entered into a working capital loan agreement with the ICBC for $3,144,011 and $3,268,508 as of September 30, 2015 and December 31, 2014, respectively. The loan bears an interest rate of 110% over the primary lending rate of the People’s Bank of China and was at 6.16% per annum at the time of funding. The loan will be repayable on December 3, 2015. The working capital loan was guaranteed by Hebei Tengsheng with its land use right and real estates pledged by Hebei Tengsheng as collateral for the benefit of the bank. (e) On September 7 , 2015, the Company entered into a working capital loan agreement with the ICBC for $3,144,011 as of September 30, 2015. The loan bears an interest rate of 110% over the primary lending rate of the People’s Bank of China and was at 5.06% per annum at the time of funding. The loan will be repayable on September 6, 2016. The working capital loan was guaranteed by Hebei Tengsheng with its land use right and real estates pledged by Hebei Tengsheng as collateral for the benefit of the bank.
Schedule of future minimum lease payments of capital lease	Year Ending September 30, Amount 2016 $ 6,909,293 2017 6,764,865 Totals 13,674,158 Less: unearned discount (782,363 ) $ 12,891,795

Other Payables and Accrued Li34

Other Payables and Accrued Liabilities (Tables)	9 Months Ended
	Sep. 30, 2015
Other Payables and Accrued Liabilities [Abstract]
Summary of other payables and accrued liabilities	September 30, December 31, 2015 2014 Accrued electricity $ 325,273 $ 334,212 Value-added tax payable 469,403 841,556 Accrued interest to a related party 1,311,592 761,242 Payable for purchase of equipment 2,150,008 244,050 Others 163,309 219,463 Totals $ 4,419,585 $ 2,400,523

Stock Warrants (Tables)

Stock Warrants (Tables)	9 Months Ended
	Sep. 30, 2015
Stock Warrants [Line Items]
Summary of stock warrant activities	Nine months ended September 30, 2015 Nine months ended September 30, 2014 Number Weight average exercise price Number Weight average exercise price Outstanding and exercisable at beginning of the period 820,312 $ 1.71 $ Issued during the period - - 820,312 1.71 Exercised during the period - - Cancelled or expired during the period - - Outstanding and exercisable at end of the period 820,312 $ 1.71 820,312 $ 1.71 Range of exercise price $1.70 to $2.00 $1.70 to $2.00
Date of Issuance August 27, 2014 to September 2, 2019 [Member]
Stock Warrants [Line Items]
Fair value of warrants issued was estimated by using the Binominal pricing model	Terms of warrants 5 years Expected volatility 72.0 % Risk-free interest rate 1.69 % Expected dividend yield 0.81 %
Date of Issuance September 3, 2014 to June 26, 2019 [Member]
Stock Warrants [Line Items]
Fair value of warrants issued was estimated by using the Binominal pricing model	Terms of warrants 4.81 years Expected volatility 69.8 % Risk-free interest rate 1.62 % Expected dividend yield 0.81 %

Earnings Per Share (Tables)

Earnings Per Share (Tables)	9 Months Ended
	Sep. 30, 2015
Earnings Per Share [Abstract]
Summary of basic and diluted net income per share	Three Months Ended September 30, 2015 2014 Basic income per share Net income for the period - numerator $ 1,685,897 $ 3,372,944 Weighted average common stock outstanding - denominator 20,316,400 18,923,374 Net income per share $ 0.08 $ 0.18 Diluted income per share Net income for the period - numerator $ 1,685,897 $ 3,372,944 Weighted average common stock outstanding - denominator 20,316,400 18,923,374 Effect of dilution 11,603 - Weighted average common stock outstanding - denominator 20,328,003 18,923,374 Diluted income per share $ 0.08 $ 0.18 Nine Months Ended September 30, 2015 2014 Basic income per share Net income for the period - numerator $ 9,381,916 $ 9,478,346 Weighted average common stock outstanding - denominator 20,316,400 18,909,001 Net income per share $ 0.46 $ 0.50 Diluted income per share Net income for the period - numerator $ 9,381,916 $ 9,478,346 Weighted average common stock outstanding - denominator 20,316,400 18,909,001 Effect of dilution - - Weighted average common stock outstanding - denominator 20,316,400 18,909,001 Diluted income per share $ 0.46 $ 0.50

Income Taxes (Tables)

Income Taxes (Tables)	9 Months Ended
	Sep. 30, 2015
Income Taxes [Abstract]
Summary of provisions for income taxes	Three Months Ended September 30, 2015 2014 Provision for Income Taxes Current Tax Provision – PRC $ 954,339 $ 1,019,837 Deferred Tax Provision – PRC (384,171 ) 227,419 Total Provision for Income Taxes $ 570,168 $ 1,247,256 Nine Months Ended September 30, 2015 2014 Provision for Income Taxes Current Tax Provision – PRC $ 4,230,894 $ 3,055,355 Deferred Tax Provision – PRC (878,730 ) 481,138 Total Provision for Income Taxes $ 3,352,164 $ 3,536,493

Commitments and Contingencies (

Commitments and Contingencies (Tables)	9 Months Ended
	Sep. 30, 2015
Commitments and Contingencies [Abstract]
Schedule of future minimum lease payments of operating lease	September 30, Amount 2016 $ 741,987 2017 584,786 2018 584,786 2019 584,786 2020 584,786 Thereafter 4,216,119 $ 7,297,250

Segment Reporting (Tables)

Segment Reporting (Tables)	9 Months Ended
	Sep. 30, 2015
Segment Reporting [Abstract]
Summarized financial information for reportable segments	Three Months Ended September 30, 2015 Orient Paper Orient Paper Not Attributable Elimination Enterprise-wide, HB Shengde to Segments segment consolidated Revenues $ 32,255,518 $ 151,359 $ - $ - $ 32,406,877 Gross Profit 6,557,624 (141,063 ) - - 6,416,561 Depreciation and amortization 4,889,952 79,389 - - 4,969,341 Interest income 9,650 335 - - 9,985 Interest expense 566,122 - - - 566,122 Income tax expense 611,163 (40,995 ) - - 570,168 Net Income (Loss) 1,865,481 (135,442 ) (44,142 ) - 1,685,897 Three Months Ended September 30, 2014 Orient Paper Orient Paper Not Attributable Elimination of Inter- Enterprise-wide, HB Shengde to Segments segment consolidated Revenues $ 40,183,579 $ 570,626 $ - $ - $ 40,754,205 Gross Profit 6,401,583 9,265 - - 6,410,848 Depreciation and amortization 1,308,580 701,550 - - 2,010,130 Interest income 33,752 1,338 - - 35,090 Interest expense 344,191 - - - 344,191 Income tax expense 1,227,949 19,307 - - 1,247,256 Net Income (Loss) 3,801,421 (39,917 ) (388,560 ) - 3,372,944 Nine Months Ended September 30, 2015 Orient Paper Orient Paper Not Attributable Elimination Enterprise-wide, HB Shengde to Segments segment consolidated Revenues $ 100,017,223 $ 177,140 $ - $ - $ 100,194,363 Gross Profit 22,023,737 (136,929 ) - - 21,886,808 Depreciation and amortization 9,477,134 584,424 - - 10,061,558 Interest income 63,899 1,285 - - 65,184 Interest expense 2,350,233 - - - 2,350,233 Income tax expense 3,535,575 (183,411 ) - - 3,352,164 Net Income (Loss) 10,648,898 (616,560 ) (650,422 ) - 9,381,916 Total Assets 196,595,894 34,713,063 152,424 - 231,461,381 Nine Months Ended September 30, 2014 Orient Paper Orient Paper Not Attributable Elimination of Inter- Enterprise-wide, HB Shengde to Segments segment consolidated Revenues $ 101,402,582 $ 2,941,752 $ - $ - $ 104,344,334 Gross Profit 16,637,730 564,961 - - 17,202,691 Depreciation and amortization 3,764,983 2,112,841 - - 5,877,824 Interest income 77,043 2,895 - - 79,938 Interest expense 888,028 - - - 888,028 Income tax expense 3,378,702 157,791 - - 3,536,493 Net Income (Loss) 10,266,271 310,373 (1,098,298 ) - 9,478,346 Year Ended December 31, 2014 Orient Paper Orient Paper Not Attributable Elimination of Inter- Enterprise-wide, HB Shengde to Segments segment consolidated Total Assets $ 200,764,663 $ 38,914,243 $ 88,679 $ - $ 239,767,585

Organization and Business Bac40

Organization and Business Background (Details)	9 Months Ended
	Sep. 30, 2015
Dongfang Holding [Member]
Schedule of company's subsidiaries and variable interest entities
Entity Incorporation, Date Of Incorporation	Nov. 13, 2006
Entity Incorporation State Country Name	BVI
Percentage of Ownership	100.00%
Principal Activity	Inactive investment holding
Shengde Holding [Member]
Schedule of company's subsidiaries and variable interest entities
Entity Incorporation, Date Of Incorporation	Feb. 25, 2009
Entity Incorporation State Country Name	State of Nevada
Percentage of Ownership	100.00%
Principal Activity	Investment holding
Orient Paper Shengde [Member]
Schedule of company's subsidiaries and variable interest entities
Entity Incorporation, Date Of Incorporation	Jun. 1, 2009
Entity Incorporation State Country Name	PRC
Percentage of Ownership	100.00%
Principal Activity	Paper Production and distribution
Orient Paper HB [Member]
Schedule of company's subsidiaries and variable interest entities
Entity Incorporation, Date Of Incorporation	Mar. 10, 1996
Entity Incorporation State Country Name	PRC
Percentage of Ownership	0.00%	[1]
Principal Activity	Paper Production and distribution
[1]	* Orient Paper HB is treated as a 100% controlled variable interest entity of the Company

Organization and Business Bac41

Organization and Business Background (Details Textual)	Feb. 10, 2010USD ($)¥ / shares	Jun. 30, 2009	Oct. 29, 2007shares	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014	Dec. 31, 2014	Dec. 31, 2010	Jun. 30, 2010USD ($)	Jun. 24, 2009USD ($)
Organization and Business Background (Textual)
Exercise price for the options | ¥ / shares	¥ 1
Percentage of distributable profit of Orient Paper HB									100.00%
Shengde Holdings [Member]
Organization and Business Background (Textual)
Percentage of ownership		100.00%
Dongfang Holding [Member]
Organization and Business Background (Textual)
Percentage of ownership			100.00%
Shares of common stock issued to Dongfang Holding shareholders under merger agreement | shares			7,450,497
Orient Paper Shengde [Member]
Organization and Business Background (Textual)
Registered capital										$ 60,000,000	$ 10,000,000
Loans terminated	¥ 10,000,000
Orient Paper HB [Member]
Organization and Business Background (Textual)
Service fees percentage of annual net profit	80.00%
Loans terminated	¥ 10,000,000
Percentage of revenue from Orient Paper HB				99.53%	98.60%	99.82%	97.18%
Percentage of assets accounted by Orient Paper HB				84.94%		84.94%		83.73%

Basis of Presentation and Sig42

Basis of Presentation and Significant Accounting Policies (Details)	Jul. 13, 2015USD ($)	Sep. 30, 2015USD ($)	Jul. 01, 2015USD ($)	Jul. 01, 2015CNY (¥)	Mar. 09, 2015USD ($)	Dec. 31, 2014USD ($)
Current assets		$ 21,101,202				$ 26,554,862
Current liabilities		27,815,091				44,470,148
Current liabilities including amounts due to related parties		3,944,771				3,376,120
Working capital deficit		6,713,889				17,915,286
Accrued interest to a related party		1,311,592				761,242
Loans payable to related party		(2,296,059)				(2,386,978)
Accrued rental owned		337,120				227,900
Long-term obligations under capital lease		6,568,399				4,090,413
Chief Executive Officer [Member]
Unsecured loan	$ 4,716,017
Unsecured loan interest rate	5.25
Loan, maturity date	Jul. 12, 2018
Mr. Zhenyong Liu [Member]
Loans payable to related party		16,444,110			$ 2,296,059	12,192,502
Hebei Fangsheng [Member]
Accrued rental owned		$ 337,120				$ 227,900
Shijiazhuang [Member] | Subsequent Event [Member]
Long-term obligations under capital lease			$ 12,000,000	¥ 75,000,000

Restricted Cash (Details)

Restricted Cash (Details) - USD ($)	1 Months Ended	9 Months Ended
	Dec. 31, 2014	Sep. 30, 2015
Restricted Cash (Textual)
Restricted cash	$ 8,873,999	$ 3,144,011
Description of lifting of restricted cash	The restriction was lifted upon the maturity of the notes payable from January 7, 2015 through April 23, 2015.	The restriction will be lifted upon the maturity of the note payable on various dates starting from January 7 to 20, 2016.

Inventories (Details)

Inventories (Details) - USD ($)	Sep. 30, 2015	Dec. 31, 2014
Schedule of inventories
Raw materials, Gross	$ 7,458,933	$ 6,142,748
Finished goods	1,797,886	996,851
Totals	9,256,819	7,139,599
Recycled paper board [Member]
Schedule of inventories
Raw materials, Gross	5,422,262	4,338,069
Recycled white scrap paper [Member]
Schedule of inventories
Raw materials, Gross	1,566,153	1,212,588
Coal [Member]
Schedule of inventories
Raw materials, Gross	173,962	497,038
Base paper and other raw materials [Member]
Schedule of inventories
Raw materials, Gross	$ 296,556	$ 95,053

Prepayments and Other Current45

Prepayments and Other Current Assets (Details) - USD ($)	Sep. 30, 2015	Dec. 31, 2014
Summary of prepayments and other current assets
Prepaid NYSE MKT annual fee	$ 26,250	$ 7,500
Recoverable VAT	284,376	250,000
Prepaid insurance	70,000	55,000
Prepayment for purchase of materials	7,860	1,910,643
Prepaid land lease	51,876	490,276
Others	10,311	206,249
Totals	$ 450,673	$ 2,919,668

Prepayment on Property, Plant46

Prepayment on Property, Plant and Equipment (Details)	Sep. 30, 2015USD ($)m²	Dec. 31, 2014USD ($)
Prepayment on property, plant and equipment (Textual)
Prepayment on property, plant and equipment | $	$ 1,433,669	$ 1,490,440
Entitlement of land use rights in Xushui County, Baoding plant	65,023

Property, Plant and Equipment47

Property, Plant and Equipment (Details) - USD ($)	Sep. 30, 2015	Dec. 31, 2014
Schedule of property, plant and equipment
Totals	$ 257,986,554	$ 253,165,205
Less: accumulated depreciation and amortization	(53,352,845)	(44,952,007)
Property, Plant and Equipment, net	204,633,709	208,213,198
Land use rights [Member]
Schedule of property, plant and equipment
Totals	7,457,581	7,752,886
Building and improvements [Member]
Schedule of property, plant and equipment
Totals	77,322,772	44,889,395
Machinery and equipment [Member]
Schedule of property, plant and equipment
Totals	129,658,550	121,332,310
Vehicles [Member]
Schedule of property, plant and equipment
Totals	679,636	706,548
Construction in progress [Member]
Schedule of property, plant and equipment
Totals	$ 42,868,015	$ 78,484,066

Property, Plant and Equipment48

Property, Plant and Equipment (Details Textual)	Jun. 16, 2013USD ($)	Jun. 16, 2013CNY (¥)	Sep. 30, 2015USD ($)	Sep. 30, 2014USD ($)	Sep. 30, 2015USD ($)T	Sep. 30, 2014USD ($)	Dec. 31, 2014USD ($)	Jul. 01, 2015USD ($)	Jun. 16, 2013CNY (¥)
Property, Plant and Equipment (Textual)
Deferred gain on sale of leased equipment			$ 334,451		$ 334,451		$ 695,389
Production capacity of manufacturing equipment PM8 (per year) | T					15,000
Amount of interest capitalized			19,294,000	$ 207,830	$ 116,494	$ 717,058
Assets pledged for the guarantee of Orient Paper HB's capital lease			30,012,436		30,012,436		33,287,324
Value of land use right pledged for sale-leaseback financing			6,947,979		6,947,979		7,339,399
Depreciation and amortization			4,969,341	2,010,130	10,061,558	5,877,824
Property plant and equipment pledged for long term loan			13,896,033		13,896,033		19,300,765
Property plant and equipment loan drawn from banking facility			30,163		30,163		29,995
Sale-leaseback arrangement [Member]
Property, Plant and Equipment (Textual)
Total financing proceeds	$ 24,000,000	¥ 150,000,000
Proceeds from sale of paper manufacturing equipment to leasing company	$ 24,000,000	¥ 150,000,000
Term of lease	3 years	3 years
Nominal purchase price	$ 2,400								¥ 15,000
Deferred gain on sale of leased equipment	$ 1,379,282
Depreciation of capital lease equipment			432,304	825,620	1,259,837	1,237,181
Accumulated depreciation of lease asset			3,616,303		3,616,303		2,486,615
Gain on sale leaseback realized transaction			$ 112,708	$ 115,094	344,130	$ 345,981
Future minimum lease payment								$ 1,617,574
Unamortized deferred gain					$ 334,451		$ 695,389
Land use rights [Member]
Property, Plant and Equipment (Textual)
Lease expiration year					2,061
Term of lease					50 years

Loans Payable (Details)

Loans Payable (Details) - USD ($)		Sep. 30, 2015	Dec. 31, 2014
Schedule of short-term bank loans
Short-term bank loans		$ 6,288,022	$ 9,805,524
Industrial & Commercial Bank of China (''ICBC'') Loan 1[Member] | Factoring Facility [Member]
Schedule of short-term bank loans
Short-term bank loans	[1]		2,451,381
The Commercial Bank of the City of Zhangjiakou [Member] | Factoring Facility [Member]
Schedule of short-term bank loans
Short-term bank loans	[2]		3,268,508
ICBC Loan 2 [Member] | Factoring Facility [Member]
Schedule of short-term bank loans
Short-term bank loans	[3]		817,127
ICBC Loan 3 [Member] | Factoring Facility [Member]
Schedule of short-term bank loans
Short-term bank loans	[4]	$ 3,144,011	$ 3,268,508
ICBC Loan 4 [Member] | Factoring Facility [Member]
Schedule of short-term bank loans
Short-term bank loans	[5]	$ 3,144,011
[1]	On June 26, 2014, the Company obtained an accounts receivable factoring facility from the ICBC for $2,451,381 as of December 31, 2014. Under the factoring agreement, the bank has recourse against the Company if the receivables, which remain in the Company's books at all times, are not fully collected. The factoring facility was expired on June 24, 2015 and bore an interest rate of 110% of the primary lending rate of the People's Bank of China and was at 6.6% per annum at the time of funding. The Company paid off the principal balance and interest by June 24, 2015. Concurrent with the signing of the new factoring agreement, the Company also entered into a financial service agreement with the ICBC, which provides accounts receivable management services to the Company during the terms of the underlying factoring facility
[2]	On June 9, 2014, the Company obtained from the Commercial Bank of the City of Zhangjiakou a banking facility on bank loans and notes payable, which is guaranteed by the Company's CEO and Shijiazhuang Baode Guarantee Service Company. In obtaining the guarantee from Shijiazhuang Baode Guarantee Service Company, Hebei Tengsheng Paper Co. Ltd ("Hebei Tengsheng"), a third party which owns the land use rights of about 330 acres (or 1.33 million square meters) of land in the Wei County and leases about one-fourth of the premises to Orient paper HB as our production bases of tissue paper and other future facilities, and an independent third party provided a guarantee with the land use rights and buildings pledged by Hebei Tengsheng as collateral. On July 18, 2014, the Company entered into a working capital loan agreement with the bank for $3,268,508 as of December 31, 2014. The loan was repaid subsequently on July 16, 2015 and bore a fixed interest rate of 11.88% per annum.
[3]	On August 19, 2014, the Company obtained an accounts receivable factoring facility from the ICBC for $817,127 as of December 31, 2014. Under the factoring agreement, the bank has recourse against the Company if the receivables, which remain in the Company's books at all times, are not fully collected. The factoring facility was expired on June 10, 2015 and bore an interest rate of 110% of the primary lending rate of the People's Bank of China and was at 6.6% per annum at the time of funding. The Company paid off the principal balance and interest by June 10, 2015.
[4]	On November 20, 2014, the Company entered into a working capital loan agreement with the ICBC for$3,144,011 and $3,268,508 as of September 30, 2015 and December 31, 2014, respectively. The loan bears an interest rate of 110% over the primary lending rate of the People's Bank of China and was at 6.16% per annum at the time of funding. The loan will be repayable on December 3, 2015. The working capital loan was guaranteed by Hebei Tengsheng with its land use right and real estates pledged by Hebei Tengsheng as collateral for the benefit of the bank.
[5]	On September 7, 2015, the Company entered into a working capital loan agreement with the ICBC for $3,144,011 as of September 30, 2015. The loan bears an interest rate of 110% over the primary lending rate of the People's Bank of China and was at 5.06% per annum at the time of funding. The loan will be repayable on September 6, 2016. The working capital loan was guaranteed by Hebei Tengsheng with its land use right and real estates pledged by Hebei Tengsheng as collateral for the benefit of the bank.

Loans Payable (Details 1)

Loans Payable (Details 1)	Sep. 30, 2015USD ($)
Schedule of future minimum capital lease payments
2,016	$ 6,909,293
2,017	6,764,865
Totals	13,674,158
Less: unearned discount	(782,363)
Current portion of obligation under capital lease, net	$ 12,891,795

Loans Payable (Details Textual)

Loans Payable (Details Textual)		Sep. 07, 2015	Jul. 01, 2015USD ($)	Nov. 20, 2014	Aug. 19, 2014	Jun. 26, 2014USD ($)	Jun. 09, 2014a	Jul. 15, 2013	Jun. 16, 2013USD ($)	Jun. 16, 2013CNY (¥)	Aug. 31, 2015USD ($)	Jun. 15, 2015USD ($)	Jun. 15, 2015CNY (¥)	May. 19, 2015USD ($)	May. 19, 2015CNY (¥)	Sep. 30, 2015USD ($)m²	Sep. 30, 2014USD ($)	Sep. 30, 2015USD ($)m²	Sep. 30, 2014USD ($)	Jul. 01, 2015CNY (¥)	Dec. 31, 2014USD ($)	Jun. 16, 2013CNY (¥)
Loans Payable (Textual)
Unpaid balance of short term debt																$ 6,288,022		$ 6,288,022			$ 9,805,524
Secured bank loans																6,288,022		6,288,022			6,537,016
Accounts receivable																$ 3,849,006		$ 3,849,006			3,730,123
Average short-term borrowing rates																6.65%	8.20%	7.93%	7.24%
Interest expense for the short-term bank loans and long-term loans																$ 184,748	$ 307,746	$ 845,751	$ 778,472
Long-term obligations under capital lease																6,568,399		6,568,399			4,090,413
Current obligations under capital lease																6,323,396		6,323,396			12,258,488
Total interest expenses for the sale-leaseback arrangement																169,742	$ 207,830	1,024,866	717,058
Deferred gain on sale of leased equipment																334,451		334,451			695,389
Value of land use right pledged for sale-leaseback financing																6,947,979		6,947,979			7,339,399
Assets pledged for the guarantee of Orient Paper HB's capital lease																30,012,436		30,012,436			33,287,324
Payments to lessor																		5,378,582	$ 4,095,015
Sale-leaseback arrangement [Member]
Loans Payable (Textual)
Total financing proceeds									$ 24,000,000	¥ 150,000,000
Proceeds from sale of paper manufacturing equipment to leasing company									24,000,000	150,000,000
Nominal purchase price									2,400													¥ 15,000
Deferred gain on sale of leased equipment									1,379,282
Future minimum lease payment			$ 1,617,574
Rural Credit Union of Xushui County [Member]
Loans Payable (Textual)
Loans from credit union																5,281,939		5,281,939			5,907,828
Term Loan [Member] | Rural Credit Union of Xushui County [Member]
Loans Payable (Textual)
Loans from credit union																$ 1,548,426		$ 1,548,426			1,609,740
Long-term debt, Interest rate per month																0.72%		0.72%
Installment repayment description																		The loan balance would be repayable by various installments from June 21, 2014 to November 18, 2018.
Current portion of long-term loan from credit union																					65,370
Maturities repayment terms											The Company repaid a portion of the loan amounted to $196,501, within which $78,600 were due before the payment date and $117,901 were paid before its maturity. Early repayment is allowed as long as the Company gives a 10-day notice to the bank.
Early repayment of bank loan											$ 117,901
Repayments of loan											$ 196,501
New term loan agreement [Member] | Rural Credit Union of Xushui County [Member]
Loans Payable (Textual)
Loans from credit union																$ 3,930,014		$ 3,930,014			4,298,088
Long-term debt, Interest rate per month																0.72%		0.72%
Installment repayment description								Between December 21, 2013 and July 26, 2018.
Current portion of long-term loan from credit union																					81,713
Loan extension period								5 years
Security loan agreement by manufacturing equipment																$ 13,896,033		$ 13,896,033			19,300,765
Maturities repayment terms											The Company repaid a portion of the loan amounted to $204,361, within which $94,320 were due before the payment date and $110,041 were paid before its maturity. Early repayment is allowed as long as the Company gives a 10-day notice to the bank.
Early repayment of bank loan											$ 110,041
Repayments of loan											$ 204,361
Lease financing agreement [Member]
Loans Payable (Textual)
Deferred gain on sale of leased equipment									1,379,282
Lease financing agreement [Member] | Subsequent Event [Member]
Loans Payable (Textual)
Long-term obligations under capital lease | ¥																				¥ 75,000,000
Maturities repayment terms			The 2015 Agreement sets forth a modified and extended payment schedule with respect to the remaining payment obligation, with the final repayment date extended to June 21, 2017. Under the 2015 Agreement, the interest accrues at a rate of 15% per annum starting on June 16, 2015, and is payable on the 20th of every March, June, September and December until the principal is paid off, except for the first payment, which is due on July 31, 2015.
ICBC Loan 1 [Member] | Factoring Facility [Member]
Loans Payable (Textual)
Unpaid balance of short term debt	[1]																				2,451,381
Short-term bank loans, fixed interest rate						6.60%
Short-term bank loans interest rate as percentage of prime rate						110.00%
Loan, maturity date						Jun. 24, 2015
The Commercial Bank of the City of Zhangjiakou [Member] | Factoring Facility [Member]
Loans Payable (Textual)
Unpaid balance of short term debt	[2]																				3,268,508
Short-term bank loans, fixed interest rate							11.88%
Loan, maturity date							Jul. 16, 2015
Area of land | a							330
ICBC Loan 2 [Member] | Factoring Facility [Member]
Loans Payable (Textual)
Unpaid balance of short term debt																					817,127
Short-term bank loans, fixed interest rate					6.60%
Short-term bank loans interest rate as percentage of prime rate					110.00%
Loan, maturity date					Jun. 10, 2015
ICBC Loan 2 [Member] | Factoring Facility [Member]
Loans Payable (Textual)
Unpaid balance of short term debt	[3]																				$ 817,127
Short-term bank loans, fixed interest rate				6.16%
Short-term bank loans interest rate as percentage of prime rate				110.00%
Loan, maturity date				Dec. 3, 2015
China National Foreign Trade Financial & Leasing Co. [Member] | Lease financing agreement [Member]
Loans Payable (Textual)
Total financing proceeds									24,000,000	150,000,000
Proceeds from sale of paper manufacturing equipment to leasing company									24,000,000	¥ 150,000,000
Nominal purchase price									$ 2,400													¥ 15,000
Lease service charge, Description																		Equal to 5.55% of the amount financed.
Lease service expense																		$ 1,360,000
Implicit interest rate									6.15%													6.15%
Stated capital lease									$ 25,750,170
Payment for liquidated damage						$ 9,200
Payments to lessor												$ 3,000,000	¥ 20,000,000	$ 800,000	¥ 5,000,000
China National Foreign Trade Financial & Leasing Co. [Member] | Collateral Agreement [Member]
Loans Payable (Textual)
Value of land use right pledged for sale-leaseback financing																$ 6,947,979		$ 6,947,979
Land collateral for capital lease | m²																58,566		58,566
ICBC Loan 4 [Member] | Factoring Facility [Member]
Loans Payable (Textual)
Unpaid balance of short term debt																$ 3,144,011		$ 3,144,011
Short-term bank loans, fixed interest rate																5.06%		5.06%
Short-term bank loans interest rate as percentage of prime rate		110.00%
[1]	On June 26, 2014, the Company obtained an accounts receivable factoring facility from the ICBC for $2,451,381 as of December 31, 2014. Under the factoring agreement, the bank has recourse against the Company if the receivables, which remain in the Company's books at all times, are not fully collected. The factoring facility was expired on June 24, 2015 and bore an interest rate of 110% of the primary lending rate of the People's Bank of China and was at 6.6% per annum at the time of funding. The Company paid off the principal balance and interest by June 24, 2015. Concurrent with the signing of the new factoring agreement, the Company also entered into a financial service agreement with the ICBC, which provides accounts receivable management services to the Company during the terms of the underlying factoring facility
[2]	On June 9, 2014, the Company obtained from the Commercial Bank of the City of Zhangjiakou a banking facility on bank loans and notes payable, which is guaranteed by the Company's CEO and Shijiazhuang Baode Guarantee Service Company. In obtaining the guarantee from Shijiazhuang Baode Guarantee Service Company, Hebei Tengsheng Paper Co. Ltd ("Hebei Tengsheng"), a third party which owns the land use rights of about 330 acres (or 1.33 million square meters) of land in the Wei County and leases about one-fourth of the premises to Orient paper HB as our production bases of tissue paper and other future facilities, and an independent third party provided a guarantee with the land use rights and buildings pledged by Hebei Tengsheng as collateral. On July 18, 2014, the Company entered into a working capital loan agreement with the bank for $3,268,508 as of December 31, 2014. The loan was repaid subsequently on July 16, 2015 and bore a fixed interest rate of 11.88% per annum.
[3]	On August 19, 2014, the Company obtained an accounts receivable factoring facility from the ICBC for $817,127 as of December 31, 2014. Under the factoring agreement, the bank has recourse against the Company if the receivables, which remain in the Company's books at all times, are not fully collected. The factoring facility was expired on June 10, 2015 and bore an interest rate of 110% of the primary lending rate of the People's Bank of China and was at 6.6% per annum at the time of funding. The Company paid off the principal balance and interest by June 10, 2015.

Related Party Transactions (Det

Related Party Transactions (Details)	Jul. 13, 2015USD ($)	Dec. 10, 2014	Aug. 07, 2013USD ($)Apartment	Aug. 07, 2013CNY (¥)Apartment	Sep. 30, 2015USD ($)	Sep. 30, 2014USD ($)	Sep. 30, 2015USD ($)	Sep. 30, 2014USD ($)	Mar. 09, 2015USD ($)	Mar. 01, 2015USD ($)	Mar. 01, 2015CNY (¥)	Dec. 31, 2014USD ($)
Related Party Transactions (Textual)
Loans payable to related party					$ (2,296,059)		$ (2,296,059)					$ (2,386,978)
Proceeds from shareholder loan					90,000	$ 300,000	390,000	$ 643,500
Working capital					6,713,889		6,713,889					17,915,286
Extended maturity date of loans from related party			Dec. 31, 2015	Dec. 31, 2015
Rental payment			$ 157,201	¥ 1,000,000
Industrial building lease term			3 years	3 years
Number of dormitory buildings | Apartment			3	3
Loan from related parties, interest expense					230,926	36,445	596,110	109,556
Accrued interest					1,311,592		1,311,592					761,242
Sale price of industrial land use rights							2,770,000
Sale price of industrial building							1,150,000
Original cost of construction of three dormitory buildings							4,310,000
Dormitory buildings value					$ 4,640,000		$ 4,640,000
Appraisal commission							3.35%
Gain from disposal of assets held for sale						$ 203,488		$ 203,488
Chief Executive Officer [Member]
Related Party Transactions (Textual)
Unsecured loan	$ 4,716,017
Orient Paper HB [Member] | Chief Executive Officer [Member]
Related Party Transactions (Textual)
Interest rate on loans	5.25%
Unsecured loan epiration date	Jul. 12, 2018
Working capital										$ 18,864,069	¥ 120,000,000
Unsecured loan	$ 4,716,017
Hebei Fangsheng [Member]
Related Party Transactions (Textual)
Accrued rental					$ 337,120		$ 337,120					227,900
Mr. Liu [Member]
Related Party Transactions (Textual)
Loans payable to related party					16,444,110		16,444,110		$ 2,296,059			12,192,502
Mr. Liu [Member] | Orient Paper HB [Member]
Related Party Transactions (Textual)
Loans payable to related party					2,296,058		$ 2,296,058					2,386,978
Interest rate on loans		6.00%					6.15%
Term of facility and loan payable							3 years
Unsecured loan epiration date		Dec. 10, 2017
Working capital					$ 9,432,034		$ 9,432,034					$ 9,805,524
Extended maturity date of loans from related party							Dec. 31, 2015

Notes Payable (Details)

Notes Payable (Details)	9 Months Ended	12 Months Ended
	Sep. 30, 2015USD ($)	Dec. 31, 2014USD ($)Apartment
Notes payable (Textual)
Notes payable	$ 6,288,023	$ 16,113,744
Restricted cash	3,144,011	8,873,999
Property plant and equipment loan drawn from banking facility	$ 30,163	$ 29,995
Description of maturity of loans payable	The acceptance note will become due and payable on March 26, 2016.	Due and paid on various dates starting from January 7, 2015 to April 23, 2015.
Secured Debt	$ 6,288,022	$ 6,537,016
Bank of Hebei (b) [Member]
Notes payable (Textual)
Number of bank acceptance notes | Apartment		11
Notes payable		$ 1,405,458
Property plant and equipment loan drawn from banking facility		$ 29,995
Short-term bank loans, fixed interest rate	0.00%
Handling charges of bank acceptance notes percentage	0.05%	0.05%
Description of maturity of loans payable	The acceptance notes will become due and payable on various dates starting from January 7 to 20, 2016.
Secured Debt	$ 30,163
SPD Bank [Member]
Notes payable (Textual)
Notes payable		$ 6,537,016
Short-term bank loans, fixed interest rate
Handling charges of bank acceptance notes percentage		0.05%
Commercial Bank City of Zhangjiakou [Member]
Notes payable (Textual)
Notes payable	$ 6,288,023	$ 8,171,270
Short-term bank loans, fixed interest rate
Handling charges of bank acceptance notes percentage		0.05%

Other Payables and Accrued Li54

Other Payables and Accrued Liabilities (Details) - USD ($)	Sep. 30, 2015	Dec. 31, 2014
Summary of other payables and accrued liabilities
Accrued electricity	$ 325,273	$ 334,212
Value-added tax payable	469,403	841,556
Accrued interest to a related party	1,311,592	761,242
Payable for purchase of equipment	2,150,008	244,050
Others	163,309	219,463
Totals	$ 4,419,585	$ 2,400,523

Common Stock (Details)

Common Stock (Details) - $ / shares	Aug. 27, 2014	Dec. 31, 2013
Common Stock (Textual)
Share price	$ 1.60	$ 2.66
Warrant [Member]
Common Stock (Textual)
Issuance of common stock and warrants	1,562,500
Shares issued to purchase common stock	781,250

Stock Warrants (Details)

Stock Warrants (Details)	9 Months Ended
	Sep. 30, 2015
Date of Issuance August 27, 2014 to September 2, 2019 [Member]
Stock Warrants [Line Items]
Terms of warrants	5 years
Expected volatility	72.00%
Risk-free interest rate	1.69%
Expected dividend yield	0.81%
Date of Issuance September 3, 2014 to June 26, 2019 [Member]
Stock Warrants [Line Items]
Terms of warrants	4 years 9 months 22 days
Expected volatility	69.80%
Risk-free interest rate	1.62%
Expected dividend yield	0.81%

Stock Warrants (Details 1)

Stock Warrants (Details 1) - Warrant [Member] - $ / shares	9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
Number
Outstanding and exercisable at beginning of the period	820,312	820,312
Issued during the period
Exercised during the period
Cancelled or expired during the period
Outstanding and exercisable at end of the period	820,312	820,312
Weighted average exercise price
Outstanding and exercisable at beginning of the period	$ 1.71	$ 1.71
Issued during the period
Exercised during the period
Cancelled or expired during the period
Outstanding and exercisable at beginning of the period	$ 1.71	$ 1.71
Range of exercise price, Lower range limit	1.70	1.71
Range of exercise price, Upper range limit	$ 2	$ 2

Stock Warrants (Details Textual

Stock Warrants (Details Textual) - Warrant [Member] - USD ($)	Aug. 27, 2014	Sep. 30, 2015	Sep. 30, 2014
Stock Warrants (Textual)
Issuance of common stock and warrants	1,562,500
Shares issued to purchase common stock	781,250
Exercise price	$ 1.70	$ 2
Warrants expiration date	Sep. 2, 2019	Jun. 26, 2019
Warrants exercisable term	5 years
Aggregate percentage of common stock sold under offering		2.50%
Aggregate number of shares of common stock sold		39,062
Fair value of common stock sold	$ 780,000	$ 35,191
Aggregated intrinsic value of warrants outstanding and exercisable
Weighted average fair value of warrants granted			$ 0.99

Earnings Per Share (Details)

Earnings Per Share (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Basic income per share
Net income for the period - numerator	$ 1,685,897	$ 3,372,944	$ 9,381,916	$ 9,478,346
Weighted average common stock outstanding - denominator	20,316,400	18,923,374	20,316,400	18,909,001
Net income per share	$ 0.08	$ 0.18	$ 0.46	$ 0.50
Diluted income per share
Net income for the period - numerator	$ 1,685,897	$ 3,372,944	$ 9,381,916	$ 9,478,346
Weighted average common stock outstanding - denominator	20,316,400	18,923,374	20,316,400	18,909,001
Effect of dilution	11,603
Weighted average common stock outstanding - denominator	20,328,003	18,923,374	20,316,400	18,909,001
Diluted income per share	$ 0.08	$ 0.18	$ 0.46	$ 0.50

Earnings Per Share (Details Tex

Earnings Per Share (Details Textual) - shares	3 Months Ended	9 Months Ended
	Sep. 30, 2015	Sep. 30, 2015	Sep. 30, 2014
Earnings Per Share (Textual)
Shares excluded from calculations of dilutive net income per share	39,062	820,312	820,312

Income Taxes (Details)

Income Taxes (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Provision for Income Taxes
Current Tax Provision - PRC	$ 954,339	$ 1,019,837	$ 4,230,894	$ 3,055,355
Deferred Tax Provision - PRC	(384,171)	227,419	(878,730)	481,138
Total Provision for Income Taxes	$ 570,168	$ 1,247,256	$ 3,352,164	$ 3,536,493

Income Taxes (Details Textual)

Income Taxes (Details Textual)	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Income Taxes (Textual)
Income tax, statute of limitations period			5 years
Effective income tax rate	25.30%	27.00%	26.30%	27.20%
United States [Member]
Income Taxes (Textual)
Statutory tax rate			34.00%
State tax rate			0.00%
Effective income tax rate			35.00%
PRC [Member]
Income Taxes (Textual)
Statutory tax rate			25.00%

Stock Incentive Plans (Details)

Stock Incentive Plans (Details) - USD ($)	12 Months Ended
	Dec. 31, 2013	Aug. 29, 2015	Aug. 27, 2014	Sep. 10, 2012
Stock Incentive Plans (Textual)
Shares issued under incentive stock plan	297,000
Share price	$ 2.66		$ 1.60
Total fair value of stock	$ 790,020
2012 ISP [Member]
Stock Incentive Plans (Textual)
Number of shares authorized for issuance under stock incentive plan				200,000
Shares issued under incentive stock plan	31,584
2011 ISP [Member]
Stock Incentive Plans (Textual)
Shares issued under incentive stock plan	265,416
2015 Incentive Plan [Member]
Stock Incentive Plans (Textual)
Number of shares authorized for issuance under stock incentive plan		1,500,000

Commitments and Contingencies64

Commitments and Contingencies (Details)	Sep. 30, 2015USD ($)
Schedule of future minimum lease payments
2,016	$ 741,987
2,017	584,786
2,018	584,786
2,019	584,786
2,020	584,786
Thereafter	4,216,119
Total operating lease payments	$ 7,297,250

Commitments and Contingencies65

Commitments and Contingencies (Details Textual)	1 Months Ended		9 Months Ended
	Nov. 27, 2012USD ($)a	Nov. 27, 2012CNY (¥)a	Sep. 30, 2015USD ($)a	Sep. 30, 2015CNY (¥)	Dec. 31, 2014USD ($)
Commitments and Contingencies (Textual)
Outstanding commitments for construction of equipment and facilities | $			$ 13,522,167		$ 24,561,228
Performance holdback on new tissue paper payment, description			The Company expected to pay off all the balances within 1 year.	The Company expected to pay off all the balances within 1 year.
Local government, Xushui County [Member]
Commitments and Contingencies (Textual)
Area of land			32.95
Lease expiration period			30 years	30 years
Lease expiration date			Dec. 31, 2031	Dec. 31, 2031
Operating lease annual rental payment			$ 18,864	¥ 120,000
Investment Company [Member]
Commitments and Contingencies (Textual)
Area of land	49.4	49.4
Lease expiration period	15 years	15 years
Operating lease annual rental payment	$ 565,922	¥ 3,600,000
Hebei Fangsheng [Member]
Commitments and Contingencies (Textual)
Lease expiration period			3 years	3 years
Operating lease annual rental payment			$ 157,201	¥ 1,000,000

Segment Reporting (Details)

Segment Reporting (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014	Dec. 31, 2014
Summarized financial information for reportable segments
Revenues	$ 32,406,877	$ 40,754,205	$ 100,194,363	$ 104,344,334
Gross Profit	6,416,561	6,410,848	21,886,808	17,202,691
Depreciation and amortization	4,969,341	2,010,130	10,061,558	5,877,824
Interest income	9,985	35,090	65,184	79,938
Interest expense	566,122	344,191	2,350,233	888,028
Income tax expense	570,168	1,247,256	3,352,164	3,536,493
Net Income (Loss)	1,685,897	3,372,944	9,381,916	9,478,346
Total Assets	231,461,381		231,461,381		$ 239,767,585
Orient Paper HB [Member]
Summarized financial information for reportable segments
Revenues	32,255,518	40,183,579	100,017,223	101,402,582
Gross Profit	6,557,624	6,401,583	22,023,737	16,637,730
Depreciation and amortization	4,889,952	1,308,580	9,477,134	3,764,983
Interest income	9,650	33,752	63,899	77,043
Interest expense	566,122	344,191	2,350,233	888,028
Income tax expense	611,163	1,227,949	3,535,575	3,378,702
Net Income (Loss)	1,865,481	3,801,421	10,648,898	10,266,271
Total Assets	196,595,894		196,595,894		200,764,663
Orient Paper Shengde [Member]
Summarized financial information for reportable segments
Revenues	151,359	570,626	177,140	2,941,752
Gross Profit	(141,063)	9,265	(136,929)	564,961
Depreciation and amortization	79,389	701,550	584,424	2,112,841
Interest income	$ 335	$ 1,338	$ 1,285	$ 2,895
Interest expense
Income tax expense	$ (40,995)	$ 19,307	$ (183,411)	$ 157,791
Net Income (Loss)	(135,442)	$ (39,917)	(616,560)	$ 310,373
Total Assets	$ 34,713,063		$ 34,713,063		38,914,243
Not Attributable to Segments [Member]
Summarized financial information for reportable segments
Revenues
Gross Profit
Depreciation and amortization
Interest income
Interest expense
Income tax expense
Net Income (Loss)	$ (44,142)	$ (388,560)	$ (650,422)	$ (1,098,298)
Total Assets	$ 152,424		$ 152,424		$ 88,679
Elimination of Inter-segment [Member]
Summarized financial information for reportable segments
Revenues
Gross Profit
Depreciation and amortization
Interest income
Interest expense
Income tax expense
Net Income (Loss)
Total Assets
Enterprise-wide, consolidated [Member]
Summarized financial information for reportable segments
Revenues		$ 40,754,205	$ 100,194,363	$ 104,344,334
Gross Profit		6,410,848	21,756,523	17,202,691
Depreciation and amortization		2,010,130	10,061,558	5,877,824
Interest income		35,090	65,184	79,938
Interest expense		344,191	2,350,233	888,028
Income tax expense		1,247,256	3,352,164	3,536,493
Net Income (Loss)		$ 3,372,944	9,381,916	$ 9,478,346
Total Assets	$ 231,461,381		$ 231,461,381		$ 239,767,585

Segment Reporting (Details Text

Segment Reporting (Details Textual)	9 Months Ended
	Sep. 30, 2015Apartment
Segment Reporting (Textual)
Number of business operating segments	2
Number of reportable segment	2

Concentration and Major Custo68

Concentration and Major Customers and Suppliers (Details) - Customers	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Concentration and major customers and suppliers (Textual)
Number of major suppliers	2	2	2	3
Number of customer contributed over 10% of total sales
Supplier A [Member]
Concentration and major customers and suppliers (Textual)
Percentage of revenue from Orient Paper HB	60.00%	52.00%	61.00%	62.00%
Supplier B [Member]
Concentration and major customers and suppliers (Textual)
Percentage of revenue from Orient Paper HB	20.00%	21.00%	19.00%	13.00%
Supplier C [Member]
Concentration and major customers and suppliers (Textual)
Percentage of revenue from Orient Paper HB				8.00%

Concentration of Credit Risk (D

Concentration of Credit Risk (Details)	May. 01, 2015USD ($)	May. 01, 2015CNY (¥)	Sep. 30, 2015USD ($)	Sep. 30, 2015CNY (¥)
Concentration of Credit Risk (Textual)
Federal deposit insurance corporation	$ 78,600	¥ 500,000	$ 3,949,237	¥ 25,122,279
Maximum [Member]
Concentration of Credit Risk (Textual)
Federal deposit insurance corporation				¥ 500,000