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v3.19.2

Loans (Details 1) - USD ($) | Jun. 30, 2019 | Dec. 31, 2018
--- | --- | ---
Collateral Amount | $ 49,574,727 | $ 57,521,579
Pledged deposits [Member] |  |
Collateral Amount | 16,021,758 | 16,014,118
Prepaid land use rights [Member] |  |
Collateral Amount | 7,378,014 | 7,446,117
Buildings [Member] |  |
Collateral Amount | 17,254,252 | 17,501,902
Machinery and equipment [Member] |  |
Collateral Amount | 8,920,703 | 10,206,100
Bills receivable [Member] |  |
Collateral Amount |  | $ 6,353,342

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- Definition Amount of assets pledged to secure a debt instrument. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 470 -Section 50 -Paragraph 3 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=75038535&loc=d3e64711-112823 + Details
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