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Other Payables and Accrued Liabilities
9 Months Ended
Sep. 30, 2019
Payables and Accruals [Abstract]  
Other payables and accrued liabilities

(10) Other payables and accrued liabilities

 

Other payables and accrued liabilities consist of the following: 

 

   September 30,   December 31, 
   2019   2018 
Accrued electricity  $117,934   $186,780 
Value-added tax payable   260,987    520,190 
Accrued interest to a related party   668,338    617,454 
Payable for purchase of equipment   5,206,511    8,788,924 
Accrued commission to salesmen   16,298    62,247 
Payable for acquisition of Hebei Tengsheng   43,507,826    - 
Others   1,284,142    47,201 
Totals  $51,062,036   $10,222,796 

 

As of September 30, 2019 and December 31, 2018, others mainly included $1,028,453 and $nil, respectively, amount due to the former shareholders of Hebei Tengsheng. The amount represents funds to pay off expenditures incurred for the startup operation of Hebei Tengsheng and due on demand with interest free.