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CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME - USD ($)
 12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
NET REVENUE    
Net Revenue $ 10,596,521 $ 2,594,941
OPERATING EXPENSE    
Cost of net revenue (5,430,269) (1,310,272)
Sales, marketing and other operating expenses (12,434) (66,111)
Write-off/impairment on property, plant and equipment 0 (1,397,313)
Loss on demolition of factory 0 (18,644,473)
Direct labor and factory overheads incurred during plant shutdown (15,175,280) (21,081,692)
Write-off of prepaid land lease 0 (4,004,788)
Impairment for goodwill 0 (27,966,050)
General and administrative expenses (13,272,921) (11,268,800)
Other operating loss 0 (407,973)
Total Costs and Expenses (33,890,904) (86,147,472)
LOSS FROM OPERATIONS (23,294,383) (83,552,531)
OTHER INCOME (EXPENSE)    
Interest expense (145,445) (160,422)
Interest income 446,770 661,112
LOSS BEFORE INCOME TAXES (22,993,058) (83,051,841)
INCOME TAX (EXPENSE) BENEFIT (2,806,987) 13,087,855
NET LOSS (25,800,045) (69,963,986)
COMPREHENSIVE LOSS:    
NET LOSS (25,800,045) (69,963,986)
OTHER COMPREHENSIVE LOSS    
Foreign currency translation adjustments (5,013,759) (18,641,006)
COMPREHENSIVE LOSS $ (30,813,804) $ (88,604,992)
LOSS PER SHARE:    
BASIC AND DILUTED $ (2.73) $ (7.45)
WEIGHTED AVERAGE NUMBER OF SHARES:    
BASIC AND DILUTED 9,465,432 9,360,758