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Property, Plant and Equipment (Tables)

3 Months Ended

Mar. 31, 2023

Property, Plant and Equipment [Abstract]

Schedule of property, plant and equipment

		March 31,				December 31,
		2023				2022
Permit of land use		$	409,895			$	404,427
Building			9,518,398				9,391,433
Plant, machinery and equipment			28,138,831				27,780,585
Motor vehicle			405,617				438,138
Office equipment			313,023				308,847
Total			38,785,764				38,323,430
Less: accumulated depreciation			(29,356,174	)			(28,350,365	)
Property, plant and equipment, net		$	9,429,590			$	9,973,065

Schedule of estimated useful lives of the assets

Asset		Life - years
Permit of land use		40 - 70
Building		20 - 49
Plant, machinery and equipment		5 - 10
Motor vehicle		5 - 10
Office equipment		3-5

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Useful live of Assets table text block.

+ References

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- Definition

Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-SubTopic 10
-Topic 360
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482099/360-10-50-1

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