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Loans Payable (Details) - USD ($) | Mar. 31, 2017 | Dec. 31, 2016
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Schedule of short-term bank loans |  |  |
Total short-term bank loans |  | $ 14,929,051 | $ 5,045,409
Bank of Hebei [Member] |  |  |
Schedule of short-term bank loans |  |  |
Total short-term bank loans | [1] | 2,174,134 | 2,162,318
Industrial & Commercial Bank of China ("ICBC") Loan 1 [Member] |  |  |
Schedule of short-term bank loans |  |  |
Total short-term bank loans | [2] | 2,898,845 | 2,883,091
Bank of Cangzhou (Member) |  |  |
Schedule of short-term bank loans |  |  |
Total short-term bank loans | [3] | 5,797,690 |
ICBC Loan 2 [Member] |  |  |
Schedule of short-term bank loans |  |  |
Total short-term bank loans | [4] | $ 4,058,382 |
[1] | On July 8, 2016, the Company entered into a working capital loan agreement with the Bank of Hebei, with a balance of $2,174,134 as of March 31, 2017 and $2,162,318 as of December 31, 2016, respectively. The loan bears a fixed interest rate of 5.22% per annum. The loan will be due on July 8, 2017. The working capital loan is guaranteed by the Company's CEO and his wife, as well as Hebei Tengsheng with its land use right and real property pledged by Hebei Tengsheng as collateral for the benefit of the bank.
[2] | On September 13, 2016, the Company entered into a working capital loan agreement with ICBC, with a balance of $2,898,845 as of March 31, 2017 and $2,883,091 as of December 31, 2016, respectively. The loan bears a fixed interest rate of 4.5675% per annum. The loan will be due on October 19, 2017. The working capital loan was guaranteed by Hebei Tengsheng with its land use right pledged as collateral for the benefit of the bank.
[3] | On December 5, 2016, the Company entered into a working capital loan agreement with the Bank of Cangzhou. The loan was drawn on January 3, 2017, with a balance of $5,797,690 as of March 31, 2017. The loan bears a fixed interest rate of 6.09% per annum. The loan will be due on January 3, 2018. The working capital loan is secured by the Company's land use right and guaranteed by Orient Paper Shengde with its production equipment as collateral for the benefit of the bank.
[4] | On January 10, 2017, the Company entered into a working capital loan agreement with the ICBC, with a balance of $4,058,382 as of March 31, 2017. The working capital loan was guaranteed by Hebei Tengsheng with its land use right pledged as collateral for the benefit of the bank. The loan bears a fixed interest rate of 4.5675% per annum. The loan will be due on January 17, 2018.

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