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Condensed Financial Information of the Parent Company (Tables)

12 Months Ended

Dec. 31, 2019

Condensed Financial Information Disclosure [Abstract]

Schedule of condensed balance sheets [Table Text Block]

		December 31,				December 31,
		2019				2018
ASSETS
Current Assets
Cash and cash equivalents		$	71,991			$	2,723
Prepayments and other current assets			-				17,400
Total current assets			71,991				20,123
Investment in subsidiaries			170,426,900				170,520,446
Total Assets		$	170,498,891			$	170,540,569
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current Liabilities
Inter-company payable		$	4,503,827			$	3,990,654
Accrued payroll and employee benefit			-				-
Accrued liabilities			-				-
Income tax payable			-				-
Total current liabilities			4,503,827				3,990,654
Total liabilities		$	4,503,827			$	3,990,654
Total stockholders’ equity			165,995,064				166,549,915
Total Liabilities and Stockholders’ Equity		$	170,498,891			$	170,540,569

Condensed Income Statement [Table Text Block]

		Year Ended
		December 31,
		2019				2018
Revenue			-				-
Selling, general and administrative expenses		$	464,108			$	895,995
Loss from Operations			(464,108	)			(895,995	)
Equity in earnings of unconsolidated subsidiaries			2,700,039				(9,641,498	)
Other Income (Expense)			-				-
Income before Income Taxes			2,235,931				(10,537,493	)
Provision for Income Taxes			(14,747)				(8,189	)
Net Income		$	2,221,184			$	(10,545,682	)
Other comprehensive income /(loss)			(2,793,585	)			(8,732,751	)
Total Comprehensive Income (loss)		$	(572,401	)		$	(19,278,433	)

Condensed Cash Flow Statement [Table Text Block]

		Year Ended
		December 31,
		2019				2018
Net Cash (Used in) Provided by Operating Activities		$	6,730			$	(425,127	)
Net Cash Used in Investing Activities			-				-
Net Cash Provided by Financing Activities			513,173				422,692
Net Increase (Decrease) in Cash and Cash Equivalents			69,268				(2,435	)
Cash and Cash Equivalents - Beginning of Year			2,723				5,158
Cash and Cash Equivalents - End of Year		$	71,991			$	2,723

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- References

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- Definition

Tabular disclosure of condensed cash flow statement, including, but not limited to, cash flow statements of consolidated entities and consolidation eliminations.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 3
-Paragraph i
-Subsection 10

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- Definition

Tabular disclosure of condensed income statement, including, but not limited to, income statements of consolidated entities and consolidation eliminations.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 3
-Paragraph i
-Subsection 10

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