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Loans (Tables) | 12 Months Ended
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Dec. 31, 2022
Long-Term Investments, Net [Abstract] |
Schedule of bank borrowings |
|  | December 31, |  |  | December 31, |
|  | 2021 |  |  | 2022 |
Short-term bank borrowings |  | $ | 8,811,820 |  |  | $ | 14,907,875 |
Schedule of facilities were also secured by the company’s assets |
|  | December 31, |  |  | December 31, |
|  | 2021 |  |  | 2022 |
Pledged deposits (note 3) |  | $ | 18,996,749 |  |  | $ | 30,836,864 |
Bills receivables (note 4) |  |  | 4,446,553 |  |  |  | 3,383,130 |
Right-of-use assets (note 10) |  |  | 6,286,473 |  |  |  | 5,598,716 |
Buildings |  |  | 8,565,837 |  |  |  | 4,419,749 |
|  | $ | 38,295,612 |  |  | $ | 44,238,459 |
Schedule of other short-term loans |
|  |  |  | December 31, |  |  | December 31, |
|  | Note |  | 2021 |  |  | 2022 |
Advance from related parties |  |  |  |  |  |  |  |  |  |
– Mr. Xiangqian Li, the Company’s Former CEO |  | (a) |  | $ | 100,000 |  |  | $ | 100,000 |
– Mr. Yunfei Li |  | (b) |  |  | 153,300 |  |  |  | 223,927 |
– Shareholders |  | (c) |  |  | 94,971 |  |  |  | - |
– Mr. Junnan Ye (Note 12) |  |  |  |  | 3,933,848 |  |  |  | - |
|  |  |  |  | 4,282,119 |  |  |  | 323,927 |
Advances from unrelated third party |  |  |  |  |  |  |  |  |  |
– Mr. Wenwu Yu |  | (d) |  |  | 17,282 |  |  |  | 15,896 |
– Ms. Longqian Peng |  | (d) |  |  | 301,044 |  |  |  | 276,905 |
– Suzhou Zhengyuanwei Needle Ce Co., Ltd |  | (e) |  |  | 78,677 |  |  |  | 72,368 |
|  |  |  |  | 397,003 |  |  |  | 365,169 |
|  |  |  | $ | 4,679,122 |  |  | $ | 689,096 |
| (a) | Advances from Mr. Xiangqian Li, the Company’s former CEO, was unsecured, non-interest bearing and repayable on demand.
| (b) | Advances from Mr. Yunfei Li, the Company’s CEO, was unsecured, non-interest bearing and repayable on demand.
| (c) | The earnest money paid by certain shareholders in relation to share purchase (note 1) were unsecured, non-interest bearing and repayable on demand.
| (d) | Advances from unrelated third parties were unsecured, non-interest bearing and repayable on demand.
| (e) | In 2019, the Company entered into a short term loan agreement with Suzhou Zhengyuanwei Needle Ce Co., Ltd, an unrelated party to loan RMB0.6 million (approximately $0.1 million), bearing annual interest rate of 12%. As of December 31, 2022, loan amount of RMB0.5 million ($72,368) remained outstanding.

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