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Consolidated Statements of Changes in Stockholders' Equity - USD ($)
Common Stock
Additional Paid-In Capital
Statutory Earnings Reserve
Accumulated Other Comprehensive Income (loss)
Retained Earnings
Total
Balance at Dec. 31, 2016 $ 21,450 $ 50,635,243 $ 6,080,574 $ (5,441,391) $ 121,459,510 $ 172,755,386
Balance, Shares at Dec. 31, 2016 21,450,316          
Foreign currency translation adjustment   10,910,190   10,910,190
Net income loss for the year     1,659,788 1,659,788
Balance at Dec. 31, 2017 $ 21,450 50,635,243 6,080,574 5,468,799 123,119,298 185,325,364
Balance, Shares at Dec. 31, 2017 21,450,316          
Issuance of shares to officer and directors $ 535 469,826       470,361
Issuance of shares to officer and directors, shares 534,500          
Issuance of shares to Weitian $ 375 32,250       32,625
Issuance of shares to Weitian, shares 37,500          
Foreign currency translation adjustment     (8,732,751)   (8,732,751)
Net income loss for the year       (10,545,684) (10,545,684)
Balance at Dec. 31, 2018 $ 22,360 $ 51,137,319 $ 6,080,574 $ (3,263,952) $ 112,573,614 $ 166,549,915
Balance, Shares at Dec. 31, 2018 22,022,316