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PREPAYMENT AND OTHER CURRENT ASSETS (Tables) | 6 Months Ended
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Jun. 30, 2023
PREPAYMENT AND OTHER CURRENT ASSETS [Abstract] |
Prepayment and Other Current Assets | Prepayment and other current assets consisted of the following:
|  | June 30, 2023 |  |  | December 31, 2022 |
Advance to suppliers |  | $ | 10,466,450 |  |  | $ | 9,877,337 |
Deductible input value added tax |  |  | 6,287,180 |  |  |  | 4,097,162 |
Receivable from third parties |  |  | 645,735 |  |  |  | 678,887 |
Loans to a third party |  |  | 100,000 |  |  |  | 1,044,181 |
Others |  |  | 840,549 |  |  |  | 440,763 |
Prepayment and other current assets |  | $ | 18,339,914 |  |  | $ | 16,138,330 |

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- Definition Tabular disclosure of the amounts paid in advance and will be charged against earnings within one year or the normal operating cycle, if longer; the aggregate carrying amount of current assets. + References No definition available. + Details
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