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Loans Payable (Details) - USD ($)

Sep. 30, 2018

Dec. 31, 2017

Schedule of short-term bank loans

Total short-term bank loans

$ 11,919,991

$ 7,192,923

Industrial and Commercial Bank of China ("ICBC") Loan 1 [Member]

Schedule of short-term bank loans

Total short-term bank loans

^[1]

4,285,145

ICBC Loan 2 [Member]

Schedule of short-term bank loans

Total short-term bank loans

^[2]

2,761,949

2,907,778

Bank of Cangzhou [Member]

Schedule of short-term bank loans

Total short-term bank loans

^[3]

5,087,801

ICBC Loan 3 [Member]

Schedule of short-term bank loans

Total short-term bank loans

^[4]

$ 4,070,241

[1]	On January 10, 2017, the Company entered into a working capital loan agreement with the ICBC, with a balance of $4,285,145 as of December 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 was due and repaid on January 8, 2018.
[2]	On October 18, 2017, the Company entered into a working capital loan agreement with the ICBC, with a balance of $2,761,949 and $2,907,778 as of September 30, 2018 and December 31, 2017, respectively. The working capital loan is secured by the Company's land use right as collateral for the benefit of the bank. The loan bears a fixed interest rate of 4.945% per annum. The loan was due and repaid on October 12, 2018.
[3]	On January 2, 2018, the Company entered into a working capital loan agreement with the Bank of Cangzhou. The loan was withdrawn on January 4, 2018, with a balance of $5,087,801 as of September 30, 2018. The loan bears a fixed interest rate of 6.09% per annum. The working capital loan is secured by the Company's land use right and guaranteed by the Company's CEO and Baoding Shengde with its production equipment as collateral for the benefit of the bank. The loan will be due on January 3, 2019.
[4]	On February 6, 2018, the Company entered into a working capital loan agreement with the ICBC, with a balance of $4,070,241 as of September 30, 2018. 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 5.4% per annum. The loan will be due on February 9, 2019.

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- Definition

Amount of borrowings from a bank classified as other, maturing within one year or operating cycle, if longer.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.19(a)(1))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 210
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-03.16)
-URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910

+ Details

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- References

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