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Condensed Financial Information of the Parent Company (Tables) | 12 Months Ended
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Dec. 31, 2016
Condensed Financial Information of the Parent Company [Abstract] |
Schedule of condensed balance sheets |
|  | December 31, |  |  | December 31, |
|  | 2016 |  |  | 2015 |
ASSETS |  |  |  |  |  |
Current Assets |  |  |  |  |  |
Cash and cash equivalents |  | $ | 1,457 |  |  | $ | 8,840 |
Prepayments and other current assets |  |  | - |  |  |  | - |
Total current assets |  |  | 1,457 |  |  |  | 8,840 |
Investment in subsidiaries |  |  | 175,915,611 |  |  |  | 178,423,608 |
Total Assets |  | $ | 175,917,068 |  |  | $ | 178,432,448 |
LIABILITIES AND STOCKHOLDERS' EQUITY |  |  |  |  |  |  |  |
Current Liabilities |  |  |  |  |  |  |  |
Inter-company payable |  | $ | 3,161,682 |  |  | $ | 2,623,023 |
Accrued payroll and employee benefit |  |  | - |  |  |  | - |
Accrued liabilities |  |  | - |  |  |  | - |
Insurance premium payable |  |  | - |  |  |  | - |
Total current liabilities |  |  | 3,161,682 |  |  |  | 2,623,023 |
Total liabilities |  | $ | 3,161,682 |  |  | $ | 2,623,023 |
Total stockholders' equity |  |  | 172,755,386 |  |  |  | 175,809,425 |
Total Liabilities and Stockholders' Equity |  | $ | 175,917,068 |  |  | $ | 178,432,448 |
Schedule of condensed statements of income and comprehensive income (loss) |
|  | Year Ended December 31, |
|  | 2016 |  |  | 2015 |  |  | 2014 |
Operating expenses |  |  |  |  |  |  |  |  |
Selling, general and administrative expenses |  | $ | 1,963,438 |  |  | $ | 826,995 |  |  | $ | 1,492,940 |
Loss from Operations |  |  | (1,963,438 | ) |  |  | (826,995 | ) |  |  | (1,492,940 | )
Equity in earnings of unconsolidated subsidiaries |  |  | 9,276,414 |  |  |  | 12,369,200 |  |  |  | 13,199,300 |
Other Income (Expense) |  |  | - |  |  |  | - |  |  |  | - |
Income before Income Taxes |  |  | 7,312,976 |  |  |  | 11,542,205 |  |  |  | 11,706,360 |
Provision for Income Taxes |  |  | - |  |  |  | - |  |  |  | - |
Net Income |  | $ | 7,312,976 |  |  | $ | 11,542,205 |  |  | $ | 11,706,360 |
Other comprehensive income (loss) |  |  | (11,784,410 | ) |  |  | (10,678,146 | ) |  |  | (125,143 | )
Total Comprehensive Income (Loss) |  | $ | (4,471,434 | ) |  | $ | 864,059 |  |  | $ | 11,581,217
Schedule of condensed statements of cash flows |
|  | Year Ended December 31, |
|  | 2016 |  |  | 2015 |  |  | 2014 |
Net Cash Used in Operating Activities |  | $ | (24,722 | ) |  | $ | (764,495 | ) |  | $ | (1,658,426 | )
Net Cash Used in Investing Activities |  |  | - |  |  |  | - |  |  |  | - |
Net Cash Provided by Financing Activities |  |  | 17,339 |  |  |  | 747,156 |  |  |  | 1,642,013 |
Net Decrease in Cash and Cash Equivalents |  |  | (7,383 | ) |  |  | (17,339 | ) |  |  | (16,413 | )
Cash and Cash Equivalents - Beginning of Year |  |  | 8,840 |  |  |  | 26,179 |  |  |  | 42,592 |
Cash and Cash Equivalents - End of Year |  | $ | 1,457 |  |  | $ | 8,840 |  |  | $ | 26,179

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