Condensed Consolidated Balance Sheets - USD ($)	Jun. 30, 2022	Dec. 31, 2021
Current Assets
Cash	$ 79,115,431	$ 95,767,263
Accounts receivable	9,302,402	14,525,807
Inventories, net	571,708	691,111
Prepayments and deposits	6,563,364	4,450,037
Other receivable	639	644
Total Current Assets	95,553,544	115,434,862
Non-Current Assets
Property, plant and equipment, net	173,562,592	162,657,546
Finance lease right-of use assets	172,814	184,824
Operating lease right-of-use assets	8,886,582	8,311,127
Prepaid land leases, net of current portion	9,862,218	10,368,469
Deferred tax assets	10,575,359	12,900,034
Total non-current assets	203,059,565	194,422,000
Total Assets	298,613,109	309,856,862
Current Liabilities
Payable and accrued expenses	11,004,823	10,530,776
Taxes payable-current	209,817	775,708
Amount due to a related party	1,786,519	1,849,044
Finance lease liability, current portion	165,016	227,429
Operating lease liabilities, current portion	440,845	506,579
Total Current Liabilities	13,607,020	13,889,536
Non-Current Liabilities
Finance lease liability, net of current portion	1,516,899	1,770,526
Operating lease liabilities, net of current portion	7,912,535	7,557,583
Total Non-Current Liabilities	9,429,434	9,328,109
Total Liabilities	23,036,454	23,217,645
Stockholders’ Equity
PREFERRED STOCK; $0.001 par value; 1,000,000 shares authorized; none outstanding	0	0
COMMON STOCK; $0.0005 par value; 80,000,000 shares authorized; 10,517,754 shares issued; and 10,471,924 shares outstanding as of June 30, 2022 and December 31, 2021, respectively	24,376	24,376
Treasury stock; 45,830 and 45,830 shares as of June 30, 2022 and December 31, 2021 at cost	(510,329)	(510,329)
Additional paid-in capital	100,569,159	100,569,159
Retained earnings unappropriated	154,245,486	150,463,638
Retained earnings appropriated	24,233,544	24,233,544
Accumulated other comprehensive loss	(2,985,581)	11,858,829
Total Stockholders’ Equity	275,576,655	286,639,217
Total Liabilities and Stockholders’ Equity	$ 298,613,109	$ 309,856,862

Sum of the carrying values as of the balance sheet date of obligations incurred through that date and due within one year (or the operating cycle, if longer), including liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received, taxes, interest, rent and utilities, accrued salaries and bonuses, payroll taxes and fringe benefits.

Name:	us-gaap_AccountsPayableAndAccruedLiabilitiesCurrent
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Amount, after allowance for credit loss, of right to consideration from customer for product sold and service rendered in normal course of business.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 954
-SubTopic 310
-Section 45
-Paragraph 1
-URI https://asc.fasb.org/extlink&oid=126942793&loc=d3e3073-115593

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 210
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-03(5))
-URI https://asc.fasb.org/extlink&oid=126734703&loc=d3e572229-122910