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Prepayments and Other Current Assets

6 Months Ended

Jun. 30, 2020

Prepaid Expenses And Other Current Assets Disclosure [Abstract]

Prepayments and other current assets

(5) Prepayments and other current assets

Prepayments and other current assets consisted of the following as of June 30, 2020 and December 31, 2019:

		June 30,				December 31,
		2020				2019
Prepaid land lease		$	169,504			$	301,023
Prepayment for purchase of materials			60,510				5,394,297
Value-added tax recoverable			5,408,783				5,666,975
Others			235,845				250,946
		$	5,874,642			$	11,613,241

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- Definition

The disclosure describes the Company's prepaid and other current assets.

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