Risks & Uncertainties	9 Months Ended
Sep. 30, 2020
Risks & Uncertainties [Abstract]
RISKS & UNCERTAINTIES	NOTE 14 – RISKS & UNCERTAINTIES Current vulnerability due to certain concentrations For the nine months ended September 30, 2020, one customer accounted for 21.6% of sales and two customers respectively accounted for 50.2% and 10.8% of accounts receivable. Two suppliers respectively accounted for 19.5% and 14.8% of raw material purchases, and three different products respectively accounted for 29.5%, 19.1% and 16.9% of revenue. For the nine months ended September 30, 2019, no customer accounted for more than 10% of sales and two customers respectively accounted for 49.5% and 10.7% of accounts receivable. Two suppliers respectively accounted for 21.7% and 19.3% of the Company's raw material purchases, and three different products respectively accounted for 30.1%, 20.6% and 17.7% of revenue. Nature of Operations Impact from the New Coronavirus Global Pandemic ("COVID-19") - The current outbreak of COVID-19 had a material and adverse effect on the Company's business operations. These included, but are not limited to, disruptions or restrictions on its ability to travel or to distribute its products, as well as temporary closures of its facilities or the facilities of the suppliers or customers in early 2020. Company reopened its facility and ramped up its operations in the first quarter 2020. There is a risk of a resurgence of the outbreak in China as certain cities witnessed, including Hong Kong. Any disruption or delay of the Company's suppliers or customers would likely impact its sales and operating results. In addition, COVID-19 has resulted in a widespread health crisis that could adversely affect the economies and financial markets of China and many other countries, resulting in an economic downturn that could significantly impact the Company operating results. Economic environment - Substantially all of the Company's operations are conducted in the PRC, and therefore the Company is subject to special considerations and significant risks not typically associated with companies operating in the United States of America. These risks include, among others, the political, economic and legal environments and fluctuations in the foreign currency exchange rate. The Company's results from operations may be adversely affected by changes in the political and social conditions in the PRC, and by changes in governmental policies with respect to laws and regulations, anti-inflationary measures, currency conversion and remittance abroad, and rates and methods of taxation, among other things. The unfavorable changes in global macroeconomic factors may also adversely affect the Company's operations. Foreign Currency Risk – The Company is exposed to foreign currency risk related to its operations. All of the Company's revenue and the majority of expenses are denominated in the PRC's currency of Renminbi (RMB), which must be converted into other currencies before remittance out of the PRC. Both the conversion of RMB into foreign currencies and the remittance of foreign currencies abroad require approval of the PRC government. The Company has not entered into any forward contracts or derivative instruments mitigating this risk. Credit Risk – The carrying amount of accounts receivable included in the balance sheet represents the Company's exposure to credit risk in relation to its financial assets. No other financial asset carries a significant exposure to credit risk. The Company performs ongoing credit evaluations of each customer's financial condition. The Company maintains allowances for doubtful accounts and such allowances in the aggregate have not exceeded management's estimates. The Company has its cash in bank deposits primarily at state owned banks located in the PRC. Historically, deposits in PRC banks have been secured due to the state policy of protecting depositors' interests. The PRC promulgated a Bankruptcy Law in August 2006, effective June 1, 2007, which contains provisions for the implementation of measures for the bankruptcy of PRC banks. Company bank accounts in China are not subject to a certain insurance coverage and will follow the provisions set forth in the PRC Bankruptcy Law should any bank where the Company has accounts declare bankruptcy.

Risks & Uncertainties

9 Months Ended

Sep. 30, 2020

NOTE 14 – RISKS & UNCERTAINTIES

Current vulnerability due to certain concentrations

For the nine months ended September 30, 2020, one customer accounted for 21.6% of sales and two customers respectively accounted for 50.2% and 10.8% of accounts receivable. Two suppliers respectively accounted for 19.5% and 14.8% of raw material purchases, and three different products respectively accounted for 29.5%, 19.1% and 16.9% of revenue.

For the nine months ended September 30, 2019, no customer accounted for more than 10% of sales and two customers respectively accounted for 49.5% and 10.7% of accounts receivable. Two suppliers respectively accounted for 21.7% and 19.3% of the Company's raw material purchases, and three different products respectively accounted for 30.1%, 20.6% and 17.7% of revenue.

Nature of Operations

Impact from the New Coronavirus Global Pandemic ("COVID-19") - The current outbreak of COVID-19 had a material and adverse effect on the Company's business operations. These included, but are not limited to, disruptions or restrictions on its ability to travel or to distribute its products, as well as temporary closures of its facilities or the facilities of the suppliers or customers in early 2020. Company reopened its facility and ramped up its operations in the first quarter 2020. There is a risk of a resurgence of the outbreak in China as certain cities witnessed, including Hong Kong. Any disruption or delay of the Company's suppliers or customers would likely impact its sales and operating results. In addition, COVID-19 has resulted in a widespread health crisis that could adversely affect the economies and financial markets of China and many other countries, resulting in an economic downturn that could significantly impact the Company operating results.

Economic environment - Substantially all of the Company's operations are conducted in the PRC, and therefore the Company is subject to special considerations and significant risks not typically associated with companies operating in the United States of America. These risks include, among others, the political, economic and legal environments and fluctuations in the foreign currency exchange rate. The Company's results from operations may be adversely affected by changes in the political and social conditions in the PRC, and by changes in governmental policies with respect to laws and regulations, anti-inflationary measures, currency conversion and remittance abroad, and rates and methods of taxation, among other things. The unfavorable changes in global macroeconomic factors may also adversely affect the Company's operations.

Foreign Currency Risk – The Company is exposed to foreign currency risk related to its operations. All of the Company's revenue and the majority of expenses are denominated in the PRC's currency of Renminbi (RMB), which must be converted into other currencies before remittance out of the PRC. Both the conversion of RMB into foreign currencies and the remittance of foreign currencies abroad require approval of the PRC government. The Company has not entered into any forward contracts or derivative instruments mitigating this risk.

Credit Risk – The carrying amount of accounts receivable included in the balance sheet represents the Company's exposure to credit risk in relation to its financial assets. No other financial asset carries a significant exposure to credit risk. The Company performs ongoing credit evaluations of each customer's financial condition. The Company maintains allowances for doubtful accounts and such allowances in the aggregate have not exceeded management's estimates.

The Company has its cash in bank deposits primarily at state owned banks located in the PRC. Historically, deposits in PRC banks have been secured due to the state policy of protecting depositors' interests. The PRC promulgated a Bankruptcy Law in August 2006, effective June 1, 2007, which contains provisions for the implementation of measures for the bankruptcy of PRC banks. Company bank accounts in China are not subject to a certain insurance coverage and will follow the provisions set forth in the PRC Bankruptcy Law should any bank where the Company has accounts declare bankruptcy.