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Inventories | 12 Months Ended
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Dec. 31, 2020
Inventories [Abstract] |
INVENTORIES | Note 5 – INVENTORIES As of December 31, 2020 and 2019, inventories consisted of the following:
|  | December 31, 2020 |  |  | December 31, 2019 |
Raw materials |  | $ | 253,613 |  |  | $ | 645,002 |
Work in process |  |  | 23,758 |  |  |  | 146,345 |
Finished goods |  |  | 14,523 |  |  |  | 195,586 |
Total |  |  | 291,894 |  |  |  | 986,933 |
Inventory write-down |  |  | (42,241 | ) |  |  | (518,119 | )
Translation adjustments |  |  | (2,408 | ) |  |  | 4,402 |
Inventories, net |  | $ | 247,245 |  |  | $ | 473,216 |
The Company recorded write-down of potentially obsolete or slow-moving inventories of $42,241, $518,119 and $1,501,510 and lower of cost or market adjustment of $0, $0 and $166,998 for the years ended December 31, 2020, 2019 and 2018, respectively.

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- Definition The entire disclosure for inventory. Includes, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the classes of inventory, and the nature of the cost elements included in inventory. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 330 -URI http://asc.fasb.org/topic&trid=2126998 + Details
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