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Land Use Rights
12 Months Ended
Dec. 31, 2020
Land Use Rights [Abstract]  
LAND USE RIGHTS

Note 7 – LAND USE RIGHTS


   December 31,
2020
   December 31,
2019
 
Land use rights  $1,097,384   $1,028,041 
Accumulated amortization   (88,379)   (54,817)
Land use rights, net  $1,009,005   $973,224 

During the years ended December 31, 2020, 2019 and 2018, amortization expense amounted to $28,253, $28,217 and $7,099, respectively.


As of December 31, 2020 and 2019, land use right with net book value of $829,887 and $793,503, respectively, was pledged as collateral under certain loan arrangements (also see Note 8).


Estimated future amortization expense for land use rights is as follows:


Years ended December 31,   Amortization expense 
2021   $21,070 
2022    21,070 
2023    21,070 
2024    21,070 
2025    21,070 
Thereafter    903,655 
    $1,009,005