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Summary of Significant Accounting Policies (Tables)

6 Months Ended

Jun. 30, 2020

Accounting Policies [Abstract]

Schedule of bad debt allowance

		2020				2019
Xuzhou Zhongtai project		$	4,237,587			$	10,034,116
Bai Chonggong (for Shenqiu and Huayu projects)			13,710,855				35,415,556
Xuzhou Tian’an project			16,950,350				-
Receivable of electricity sales of Erdos			1,163,624				2,614,299
Total accounts receivable			36,062,416				48,063,971
Bad debt allowance			(4,269,198	)			(5,995,210	)
Accounts receivable, net		$	31,793,218			$	42,068,761

Schedule of property and equipment estimated lives

Building			20 years
Vehicles			2 - 5 years
Office and Other Equipment			2 - 5 years
Software			2 - 3 years

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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.

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(13))
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Tabular disclosure of the various types of trade accounts and notes receivable and for each the gross carrying value, allowance, and net carrying value as of the balance sheet date. Presentation is categorized by current, noncurrent and unclassified receivables.

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Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
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