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Inventories
 12 Months Ended
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.