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Prepayments and other current assets

3 Months Ended

Mar. 31, 2021

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 March 31, 2021 and December 31, 2020:

		March 31,				December 31,
		2021				2020
Prepaid land lease		$	182,613			$	183,912
Prepayment for purchase of materials			4,003,350				10,945
Value-added tax recoverable			6,067,438				5,864,989
Others			402,138				991,669
		$	10,655,539			$	7,051,515

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- Definition

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

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