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Consolidated Statements of Stockholders' Equity - USD ($) | Common stock | Paid-in capital | Statutory reserves | Other comprehensive income (loss) | Retained earnings (accumulated deficit)) | Total | Noncontrolling interest
--- | --- | --- | --- | --- | --- | --- | ---
Balance at Dec. 31, 2016 | $ 8,310 | $ 111,789,166 | $ 14,296,223 | $ (8,415,101) | $ 35,893,736 | $ 153,572,334 | $ (132,431)
Balance, shares at Dec. 31, 2016 | 8,310,198 |  |  |  |  |  |
Net loss for year |  |  |  |  | (7,342,551) | (7,342,551) | (327,147)
Stock options issued |  | 7,647 |  |  |  | 7,647 |
Transfer to statutory reserves |  |  | 229,489 |  | (229,489) |  |
Foreign currency translation gain/loss |  |  |  | 9,275,654 |  | 9,275,654 | (19,059)
Balance at Dec. 31, 2017 | $ 8,310 | 111,796,813 | 14,525,712 | 860,553 | 28,321,696 | 155,513,084 | (478,637)
Balance, shares at Dec. 31, 2017 | 8,310,198 |  |  |  |  |  |
Net loss for year |  |  |  |  | (65,996,898) | (65,996,898) | (3,203,657)
Issuance of common stock | $ 1,985 | 2,687,205 |  |  |  | 2,689,190 |
Issuance of common stock, shares | 1,985,082 |  |  |  |  |  |
Foreign currency translation gain/loss |  |  |  | (5,481,483) |  | (5,481,483) | 137,670
Balance at Dec. 31, 2018 | $ 10,295 | $ 114,484,018 | $ 14,525,712 | $ (4,620,930) | $ (37,675,202) | $ 86,723,893 | $ (3,544,624)
Balance, shares at Dec. 31, 2018 | 10,295,280 |  |  |  |  |  |

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